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International Business Management
Year: 2016 | Volume: 10 | Issue: 17 | Page No.: 3747-3761
DOI: 10.36478/ibm.2016.3747.3761  
A Case Study of Custom Regulatory Process Towards Asean Integration
Madzli Bin Harun , Wan Marian Binti Wan Abdullah and Mohd Nurhidayat Bin Johan
 
Abstract: The ASEAN Economic Community’s (AEC) road map targets implementation by December 2015. It promotes a single market and production base by supporting the free flow of goods, services, investment, capital and skilled labour. Although, there are a number of studies related to the AEC, few studies if any, address this issue from the perspective of customs regulation, especially in Malaysia. In this study, a survey was conduct regarding the process to emerge the customs regulation towards ASEAN integration. Results showed that the integration and harmonization among the ASEAN member state in term of customs regulation are important because of to maintain and develop trading among ASEAN members. Although, the customs regulation is standard regulation but it has a little differentiation among the customs regulatory which is make it to protect the interest of a country. The integration of customs process will help to reform customs process to the single regulation among the ASEAN region. The process will let know the successful of achieving single market vision and mission and lead to fairness in economic position. This research will use the PESTEL analysis and social impact assessment method to analyse the data. The main objective of this research is to explore the potential of customs regulatory process towards ASEAN integration. In a conclusion, the research hopefully showing positive result to ensure the customs regulatory process in the ASEAN region can be regulate.
 
How to cite this article:
Madzli Bin Harun, Wan Marian Binti Wan Abdullah and Mohd Nurhidayat Bin Johan, 2016. A Case Study of Custom Regulatory Process Towards Asean Integration. International Business Management, 10: 3747-3761.
DOI: 10.36478/ibm.2016.3747.3761
URL: http://medwelljournals.com/abstract/?doi=ibm.2016.3747.3761