Demand for services growing
Asia's booming middle class is driving an increasing demand for services
What is the STAR Database?
- A business-friendly, on-line tool to help services providers from APEC economies take advantage of new export opportunities.
- Provides information on market access regulatory requirements across a range of services sectors.
- Single, easily-accessible destination for information.
- Plain English – written for business not bureaucrats
Why do we need it?
- To make it easier for services providers to trade by increasing the transparency of rules and regulations affecting market access
- To centralise widely dispersed information in a single repository, and present it in a user-friendly way.
- SMEs lack time and resources to conduct the necessary research.
Using the database
Access the STAR database
Development of the STAR Database
- Phase 1 – Australian-funded, five economies, completed 2010
- five services sectors: financial services, mining and energy services, professional services, telecommunications, transport and logistics.
- Phase 2 – Jointly funded by Australia and APEC, expanded to cover
11 APEC economies, completed 2011
- Australia, Canada, Indonesia, Japan, Korea, Malaysia, New Zealand, Philippines, Singapore, Thailand, United States
- Phase 3 – Jointly funded by Australia and APEC, covers all APEC
economies, three new services sectors for 15 economies,
completed end 2012
- education services, distribution services, computer and related technology services.
- Reviewing STAR Database and further service sector workshops
- Regional Workshops between regulators and industry to
discuss market access
- Financial Services, November 2012 in Singapore and Education Services, August 2013 in Malaysia
- Plans to further publicise website to SMEs and industry