Datuk R Ramanan Promotes APEC Travel Card Initiatives

Datuk Ramanan Ramakrishnan’s Notion on APEC Business Travel Card

Datuk R Ramanan | ebooksnsoftware

Datuk R Ramanan Promotes APEC Travel Card Initiatives

The procedure of granting visitor passes and immigration clearance had commonly been famous for its time-consuming and complex system. This sort of problem to make visa application used to be inescapable in order to maintain proper procedure and ensure safe passage for everybody. Sadly, this long process had a negative impact on business connections. After many years of examining the possible solutions, the Asia Pacific Economic Cooperation (APEC) Business Travel Card was finally unveiled.

Business owners are able to apply for the APEC Business Travel Card to get more flexibility while traveling. This is attained through mutual partnership between governments with the aim of opening investment opportunities and stimulating free trade. Using the APEC Business Card, the holders short-term entry could be pre-cleared into countries to do business. This method allows the card owners to avoid unneeded rules and formalities.

Individuals who own the Travel Card can skip the visa application and entry permit under personal travel application process, and in addition they will have the ability to utilise the multi-entry passes to take the special APEC lanes upon arrival at the participating nations.

This project has been fully endorsed by Datuk R Ramanan, who has applauded the efficient immigration of Malaysia for enabling a much more convenient solution to the expansion and growth of the economy.

Datuk R Ramanan Ramakrishnan encouraged this initiative byasserting that the APEC business travel card has cleared the path for local enterprises to test the international markets with minimal restrictions. Businesses can make the most of this advantage as a result from great effort by the Immigration officers who took the trouble and visit other countries to bolster diplomatic relationship that benefits us all.

To this point, the nations who have taken part of the APEC Card scheme are Vietnam, Thailand, Taiwan, Singapore, Russia, Philippines, Peru, Papua New Guinea, New Zealand, Mexico, Malaysia, South Korea, Japan, Indonesia, Hong Kong, China, Chile, Brunei Darussalam, and Australia. Aside from that, the initiative had also attracted the United States of America and Canada to become its transitional members.

Since the majority of governments impose strict bureaucratic regulations, the scheme has bring a serious impact to Malaysia. Entry into China, for example, requires advance application to be made, be it a business travel re-entries or perhaps just a social pass.

Recently, a report conducted by the APEC Policy Support Unit has unveiled that the APEC Business Travel Card initiative helps card holders to decrease their transaction cost approximately 38%. This implies that the scheme doesn’t only assist in reducing waiting time, but also real travelling cost. Between March 2010 to July 2011 alone, many experts have estimated that a total of 62,413 hours was saved by the card owners, which translated into USD1.9 million.




Dato’ Ramanan Ramakrishnan Advises on Ponzi Schemes


Why Do We Fall For Easy Money?


Datuk Ramanan Ramakrishnan Warns About Investment Scams



Dato’ Ramanan Ramakrishnan Warns About VenusFX


Datuk R Ramanan Speaks of the APEC Business Travel Card