Trending Now
Israel and Iran agree on ceasefire to end...
The FDA’s Biosimilar Burden—and How Congress Can Lift...
Election Policy Roundup
Are You Prepared for Your “One-Foot” Moment?
Silver Price Shows What Government Has Done to...
Congress Should Let the New Markets Tax Credit...
Can Mail Ballots Be Lawfully Counted If Received...
A Common Thread: Price Controls, Japanese Internment, and...
The Disasters of Government Enterprise
EV strategy expected to create 680,000 jobs
  • About Us
  • Contacts
  • Email Whitelisting
  • Privacy Policy
  • Terms and Conditions
DailyProfitTips.com
  • Editor’s Pick
  • Economy
  • Investing
  • Politics
  • World News
EconomyEditor's Pick

ASEAN ‘community vision’ declaration seen expanding MSME market access

by May 29, 2025
May 29, 2025

THE Department of Trade and Industry (DTI) said that the Association of Southeast Asian Nations (ASEAN) Community Vision 2025, is expected to expand market access for micro, small and medium enterprises (MSMEs).

“The ASEAN Vision 2045 presents greater opportunities for Filipino businesses, MSMEs, and workers. These include improved market access, enhanced digital trade facilitation, and greater support for sustainable and creative industries,” the DTI said in a statement on Thursday.

“Consumers are also set to benefit from stronger product standards, broader access to goods and services, and enhanced regional consumer protection, among others,” it added.

President Ferdinand R. Marcos, Jr. signed the Kuala Lumpur Declaration on ASEAN 2045: Our Shared Future on May 26.

“This pivotal declaration charts the region’s unified direction over the next two decades, reflecting a renewed commitment to fostering a more resilient, forward-looking, and people-first Southeast Asia,” the DTI said.

The declaration aims to help the region navigate digital disruption, climate change, demographic shifts, and evolving geopolitical realities.

“This comprehensive roadmap builds upon previous ASEAN blueprints, adapting to the challenges and opportunities of an increasingly complex global environment,” the DTI said.

“Central to the declaration is the ASEAN Economic Community (AEC) Strategic Plan 2026-2030. This five-year economic blueprint is designed to position ASEAN as the world’s fourth-largest economy by 2030,” it added.

“Developed through an inclusive and region-wide consultative process, the AEC Strategic Plan drew insights from all AEC sectoral bodies and was enriched by inputs from the ASEAN Community’s political-security and socio-cultural pillars,” the DTI said.

“The plan captures the perspectives of 315 stakeholders from business, academia, civil society, parliaments, and ASEAN’s external partners, who participated in a series of dialogues and technical consultations,” it added.

The Philippines will chair ASEAN next year, which “carries both a significant responsibility and a unique opportunity to influence regional priorities, champion inclusive growth, and ensure ASEAN’s progress directly benefits the lives of everyday people, especially in communities that need it most,” the DTI said. — Justine Irish D. Tabile

previous post
Take the Deal, President Trump
next post
New doctors, nurses deemed unprepared for challenges of universal health coverage

Related Posts

The FDA’s Biosimilar Burden—and How Congress Can Lift...

June 23, 2025

Election Policy Roundup

June 23, 2025

Congress Should Let the New Markets Tax Credit...

June 23, 2025

Can Mail Ballots Be Lawfully Counted If Received...

June 23, 2025

A Common Thread: Price Controls, Japanese Internment, and...

June 23, 2025

EV strategy expected to create 680,000 jobs

June 23, 2025

Hermosa, Bataan to get SCTEX interchange

June 23, 2025

‘The right carrier’ yet to emerge years after...

June 23, 2025

Rice MSRP lowering set for July 1 postponed

June 23, 2025

Revised air navigation proposal, 52 new projects join...

June 23, 2025
Enter Your Information Below To Receive Free Trading Ideas, Latest News And Articles.

    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!
    • About Us
    • Contacts
    • Email Whitelisting
    • Privacy Policy
    • Terms and Conditions

    Copyright © 2025 DailyProfitTips.com All Rights Reserved.

    DailyProfitTips.com
    • Editor’s Pick
    • Economy
    • Investing
    • Politics
    • World News