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Datuk Ramanan Ramakrishnan Speaks of the APEC Business Travel Card

Datuk Ramanan Ramakrishnan Speaks of the APEC Business Travel Card

Datuk R Ramanan Speaks of the APEC Business Travel Card

Datuk R Ramanan Speaks of the APEC Business Travel Card

Obtaining clearance for immigration was commonly thought of as an issue due to lengthy process visitor passes took to be approved. Albeit its inconvenience, such procedure of visa application is necessary to ensure safe passage and proper procedure. This became a hurdle to maintain good business relations. Ultimately, concerns from the stakeholders had led to the development of the Asia Pacific Economic Corporation (APEC) Business Travel Card to get rid of the complications.

The APEC Business Travel Card is made for business people to provide them a certain degree of flexibility while travelling. Participating countries have worked closer together in making this initiative possible with the mutual aim to establish a network for investment opportunities and encourage free trade among its participants. The APEC Business Travel Card enables entrepreneurs to get their short-term entry cleared beforehand as they visit participating countries. Therefore, excessive regulations that hinders the procedure can be avoided.

Individuals skip the procedure of needing to apply for visas and entry permits under personal travel permits and will be able to use this multi entry passes to enter into participating nations on arrival through exclusive APEC lanes.

The APEC Business Travel Card scheme received full endorsement from Datuk R Ramanan. The Immigration Department of Malaysia was praised by him for their efficient work towards realization of this practical alternative that could contribute to strong economic growth.

Datuk R Ramanan News

Datuk R Ramanan Ramakrishnan has supported this move by saying that the APEC Business Travel Card has opened doors for Malaysians to venture freely into other economies. Now businesses can enjoy these benefits because of the great work of these Immigration officers who travel to other countries to foster ties and to bring ease into our lives.

Malaysia, Brunei, Singapore, Thailand, Indonesia, China, South Korea, Philippines, Japan, Hong Kong, Vietnam, Taiwan, New Zealand, Russia, Australia, Peru, Papua New Guinea, Mexico, and Chile at the moment are among the participating members of the APEC scheme. Meanwhile, USA and Canada have taken part as transition members.

The effects are tremendous for our nation, as diplomatic ties with certain countries involves more bureaucratic administration, as an illustration, China, in which the entry limitation really need to be applied ahead, whether it’s a social pass or business-related re-entries.

Datuk R Ramanan also is a strong advocate for Malaysian Indian business owners, and stresses that it is necessary for these individuals to reap the benefits of such a facility to bring economic success and growth for the country. The encouragement of the Malaysian Indian community will also help cement and fully utilise the potential for all sectors of the population to inspire and foster young and booming businesses.

According to a basic research carried out by the APEC Policy Support Unit, the APEC Business Travel Card aids to lower transactional cost for its holders for up to 38%. This discovery shows that the initiative works both saves time and actual cost invested in travelling. Based on estimation, the cummulative time saved for the APEC Business Travel Card holders between March 2010 to July 2011 is 62,413 hours, which in monetary form, is valued at USD1.9 million.