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INSIGHTS

AEC 2015: More opportunities across Thailand and ASEAN

AEC 2015: More opportunities across Thailand and ASEAN
Soon, Thailand will have a free flow of labor with other ASEAN member countries, thanks to ASEAN Economic Community (AEC) 2015. The 10 nations of ASEAN have prepared mutual recognition arrangements (MRA) that specify the basic qualifications for professionals to work freely in each other’s countries, as well as creating an environment for local companies to increase sales, open operations outside their domestic market, and enable sourcing on a region-wide basis.
Soon, Thailand will have a free flow of labor with other ASEAN member countries, thanks to ASEAN Economic Community (AEC) 2015. The 10 nations of ASEAN have prepared mutual recognition arrangements (MRA) that specify the basic qualifications for professionals to work freely in each other’s countries, as well as creating an environment for local companies to increase sales, open operations outside their domestic market, and enable sourcing on a region-wide basis.

“AEC will be a major change to the regional economy in ASEAN, as it will be free for competing in all business types — not only security. It won’t be easy for distributors to remain profitable unless they are willing to come up wit...

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