Launched in April 2003, ASEAN Business Advisory Council (ASEAN-BAC) was formed following decision of the ASEAN Leaders at the 7th ASEAN Summit, with the mandate to provide private sector feedback and guidance to boost ASEAN’s efforts towards economic integration. Accordingly, ASEAN-BAC’s activities are primarily focused on reviewing and identifying issues to facilitate and promote economic cooperation and integration. The Council also submits annual recommendations for the consideration of the ASEAN Leaders and the ASEAN Economic Ministers (AEM). ASEAN-BAC’s members are appointed by the Ministers in charge, and comprise of high-level CEOs of companies from each member country. Each country is represented by a maximum of three members, with one representing the interest of the small and medium-sized enterprises. The ASEAN Business Advisory Council (ASEAN-BAC) Malaysia Chapter is an integral participant in the regional ASEAN-BAC with regular participation at all Council Meetings and Consultation with the leaders. Over the course of the 14 years that the ASEAN-BAC Malaysia Chapter has been in operation, various recommendations, feedback and input have been provided during the consultation with the ASEAN Economic Ministers and ASEAN Heads of State at the regular ASEAN Consultation and Business Summits. At the same time, various studies on the national and regional economic climate have been conducted to substantiate the recommendations, some of which have already been incorporated into the guidelines of the overall ASEAN Economic Community Agenda.