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    1963 12,000

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    Hermann Hesse, 18771962

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  • Tymoteusz Stanisaw Bryx

    Tymoteusz Stanisaw Bryx

    Dear professors, parents and most importantly - students.

    Today, I've been granted a privilege to greet you in this special day of yours.

    The day of your long journey at Feng Chia University comes to an end. Our

    brilliant professors equipped you with knowledge, your parents gave you passion

    and support to get up every day and study hard, till all the exams are passed. Now

    you've earned the right to relax a bit, to rest... and to gather strength, before you

    will get out there and conquer the world! Because it is up to you - young and smart,

    but most importantly - aware of your surroundings - of delicate and complex ties

    between companies, technologies, environment and limited natural resources - to

    boldly go out there and change the world. It is our duty... nay... our privilege to

    create a world that we'd all like to live in. And in that quest, I wish you all a big

    success.

  • D0057010

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    Enron

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    Oracle ERP

    ERP

    ERP

  • (BIBA)

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  • Murphy

    Association of Southeast Asian Nations

    Murphy

    The Association of Southeast Asian Nations (ASEAN) is a political and economic

    organization of ten countries located in Southeast Asia, which was formed on 8 August

    1967 by Indonesia, Malaysia, the Philippines, Singapore and Thailand. Since then,

    membership has expanded to include Brunei, Cambodia, Laos, Myanmar (Burma) and

    Vietnam. Its aims include accelerating economic growth, social progress, socio-cultural

    evolution among its members, protection of regional peace and stability, and

    opportunities for member countries to discuss differences peacefully.

    ASEAN covers a land area of 4.46 million km, which is 3% of the total land area

    of Earth, and has a population of approximately 600 million people, which is 8.8% of

    the world's population. The sea area of ASEAN is about three times larger than its land

    counterpart. In 2012, its combined nominal GDP had grown to more than US$ 2.3

    trillion. If ASEAN were a single entity, it would rank as the eighth largest economy in

    the world.

    Economic community

    ASEAN has emphasized regional cooperation in the three pillars, which are

    security, socio-cultural integration, and economic integration. The regional grouping

    has made the most progress in economic integration by creating an ASEAN Economic

    Community (AEC) by 2015. The average economic growths of ASEAN's member

    nations during 19892009 was Singapore with 6.73 percent, Malaysia with 6.15 percent,

  • Indonesia with 5.16 percent, Thailand with 5.02 percent, and the Philippines with 3.79

    percent. This economic growth was greater than the average Asia-Pacific Economic

    Cooperation (APEC) economic growth, which was 2.83 percent.

    The ASEAN Comprehensive Investment Area (ACIA) will encourage the free

    flow of investment within ASEAN. The main principles of the ACIA are as follows:

    All industries are to be opened up for investment, with exclusions to be phased out

    according to schedules

    National treatment is granted immediately to ASEAN investors with few exclusions

    Elimination of investment impediments

    Streamlining of investment process and procedures

    Enhancing transparency

    Undertaking investment facilitation measures

    Full realization of the ACIA with the removal of temporary exclusion lists in

    manufacturing agriculture, fisheries, forestry and mining is scheduled by 2010 for most

    ASEAN members and by 2015 for the CLMV (Cambodia, Lao PDR, Burma, and

    Vietnam) countries.

    Trade in Services

    An ASEAN Framework Agreement on Trade in Services was adopted at the

    ASEAN Summit in Bangkok in December 1995. Under AFAS, ASEAN Member States

    enter into successive rounds of negotiations to liberalize trade in services with the aim

    of submitting increasingly higher levels of commitments. The negotiations result in

    commitments that are set forth in schedules of specific commitments annexed to the

    Framework Agreement. These schedules are often referred to as packages of services

    commitments. At present, ASEAN has concluded seven packages of commitments

    under AFAS.

    Free-trade agreements with other countries

    ASEAN has concluded free trade agreements with China (expecting bilateral trade

    of $500 billion by 2015), Korea, Japan, Australia, New Zealand, and India. ASEAN-

    India bilateral trade crossed the $ 70 billion target in 2012 (target was to reach the level

    only by 2015).[citation needed] The agreement with People's Republic of China created

    the ASEANChina Free Trade Area (ACFTA), which went into full effect on 1 January

    2010. In addition, ASEAN is currently negotiating a free trade agreement with the

    European Union. Republic of China (Taiwan) has also expressed interest in an

    agreement with ASEAN but needs to overcome diplomatic objections from China.


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