Bringing Prosperity for All

April 27th, 2017

We would like to apologize for not being able to accommodate all the interested participants to the summit. We received an outstanding confirmation of around 2000 guests who are all eager to be part of this summit. Due to limited space and of course to ensure the security of our special guests, we were not able to accept all guests. However, the summit will be covered by ANC, Bloomberg, CNN and other media organization. You may view the livestreaming at tinyurl.com/prosperityLIVE or fb.com/gonegosyoofficial.

As the first Prosperity for All Summit hosted by the ASEAN Business Advisory Council approaches it is a great time to be reminded that at the heart of this event are the Micro-Small and Medium Enterprises (MSMEs) who comprise 95-99% of the ASEAN business community. These enterprises account to 25-58% of the overall ASEAN GDP making them a valuable part of the economy, as they continue to help alleviate poverty through employment opportunities and business innovations. Through partnerships with large enterprises, MSMEs continue to contribute to the economy both in the rural and urban communities.

In line with President Duterte’s goal for inclusive growth through MSME development programs that empower youth and women entrepreneurship, the ASEAN Business Advisory Council is also focused in promoting and developing these enterprises to bring them across the ASEAN regions and the global market.

I am both honored and glad that leaders from our country and across ASEAN have shown interest in this event. I’m looking for forward to meet Malaysian Prime Minister Dato’ Sri Najib Tun Razak who has confirmed his attendance to the summit.

Malaysian Prime Minister Dato’ Sri Najib Tun Razak and Thailand Prime Minister General Prayut Chan-o-cha (Ret.)

Malaysian Prime Minister Dato’ Sri Najib Tun Razak and Thailand Prime Minister General Prayut Chan-o-cha (Ret.)

Malaysian Prime Minister Dato’ Sri Najib Tun Razak and Thailand Prime Minister General Prayut Chan-o-cha (Ret.)

Malaysian Prime Minister Dato’ Sri Najib Tun Razak and Thailand Prime Minister General Prayut Chan-o-cha (Ret.)

Since 1996, Malaysia has been engaging in MSMEs and Startups by creating programs aimed to develop their skills and provide them with business opportunities. These programs are established through the SME Corporation Malaysia which formulates overall policies and strategies, as well as provides advisory services for SMEs. We hope to be able to get insights and further develop the programs for MSMEs in the Philippines through their strategies as well. The importance to further develop these programs for poor are an utmost concern, as Prime Minister Razak once said “In our national discourse and in pursuing our national agenda, we must never leave anyone behind.”

Also attending the event is Thailand Prime Minister General Prayut Chan-o-cha (Ret.). Thailand, whose 2.7 million enterprises comprise 98.5% of SMEs, is focusing on four areas for the improvement of established enterprises, start-ups and social enterprises. These main areas of focus are on innovations to boost business value, marketing strategies, cutting cost efficiency while increasing revenue and providing financial support for expansion of businesses. Given that most SMEs in Thailand are also from the agricultural and agro-industrial sectors, these areas are the ones that need the most support and guidance. True to what Prime Minister Chan-o-cha said “We will work for the benefit of all and of future generations while leaving no one behind.” Thus I am also looking forward to share certain strategies already being implemented in the Philippines to further improve existing programs in our country.

These two leaders will be delivering keynote speeches in the summit as well.

With the theme, “Driving growth through micro and small entrepreneurs in Trade, Services and Agriculture”, this Summit aims to pursue genuine and inclusive growth and prosperity for the ASEAN peoples. It is important to give emphasis on the goal for inclusive growth as leaders from different fields both from the private and public sector are coming together to attend the event.

The one-day program will comprise of five sessions which will feature discussions from prominent speakers.

Session 1 discussion will discuss about ‘Creating an Enabling Environment in Achieving Prosperity for All’. The session will feature former President Gloria Macapagal-Arroyo, Sen. Bam Aquino, ASEAN Economic Ministers Chair and DTI Secretary Ramon Lopez, Royal Group Vice President Mr. Rami Sharaf, and Inang Lupa Movement President Dr. William Dar.

‘Strengthening the one ASEAN market to access global markets’ will be the topic for Session 2 which will be discussed by Sen. Miguel Zubiri, International Container Terminal Services Chairman and President Mr. Enrique Razon, Sakae Holdings Ltd. Founder and Chairman and ASEAN BAC Singapore Member Mr. Douglas Foo, and Undersecretary of the Trade and Industry Promotion Group Nora Terrado.

For session 3, one of the major challenges for MSMEs which is funding, will be the topic of the discussion entitled ‘Opening up innovative and inclusive financing options for micro and small entrepreneurs’. Mr. Alex Buenaventura of Landbank of the Philippines, Dr. Raymond Kwong of Silverlake Axis Group, Dr. Jaime Aristotle Alip of Center for Agriculture and Rural Development, and Mr. Jojo Flores of Plug and Play Technology Center will be sharing their insights in this session.

The fourth session will discuss on ‘Establishing efficient business practices through disruptive technology and innovation’ through the speakers DOST Secretary Fortunato Dela Pena, Lazada Philippines CEO Inanc Balci and YCH Group Chairman and Member of the ASEAN Business Advisory Council Dr. Robert Yap.

The last session will be on initiating the ASEAN Mentorship for Entrepreneurs Network (AMEN). This program of the ASEAN BAC aims to provide a private-public partnership platform where mentors and world class teaching modules for MSME empowerment can be developed and actively shared among ASEAN Member States (AMS). To discuss this call to action for all mentors and enablers, Presidential Adviser for Entrepreneurship and ASEAN BAC Chairman Joey Concepcion will be joined by Ms. Teresita Sy-Coson of SM Investments Corporation and ASEAN BAC Philippines, Philippine Chamber of Commerce and Industries President and ASEAN Business Advisory Council Philippines Member George Barcelon, Mr. Manny V. Pangilinan of Philippine Long Distance Telephone (PLDT), and Tan Sri Dato’ Dr. Mohd Munir Bin Abdul Majid of Bank Muamalat Berhad and ASEAN BAC Malysia.

We will also be joined by Vice President Leni Robredo. We have also invited Ministers from Myanmar, Lao PDR, and Cambodia to be part of the sessions.

Enablers from both the private and public sector will be attending the summit with the common goal of bringing prosperity for all, thus it is only apt to also initiate the initial discussion of the ASEAN Business Advisory council’s regional mentorship program (AMEN), which will serve as an avenue for the heads of states and leaders to share their strategies in achieving inclusive growth for the whole ASEAN community.

Indeed, it is only through unity in striving for a common goal can we achieve prosperity for all.

Singapore’s Douglas Foo on MSMEs & the Global Market

April 26th, 2017
douglas_foo

MR. DOUGLAS FOO, Founder and Chairman, Sakae Holdings Ltd / President, Singapore Manufacturing Federation/ ASEAN Business Advisory Council (Singapore)

A business leader and celebrated philanthropist hailing from the prosperous nation of Singapore, Douglas Foo is a recipient of various awards and accolades due to his outstanding management and entrepreneurial efforts. In 2013, he was awarded the Public Service Star Award from His Excellency, the President of the Republic of Singapore and has been the country’s representative as member of the ASEAN Business Advisory Council since 2012. Beforehand, Foo has received numerous accolades—amongst them are the ASEAN Youth Entrepreneur Award (2004) and the ASEAN-China Young Entrepreneur Award (2011).

As the Founder & Chairman of Sakae Holdings, Ltd, Foo is well-recognized amongst the top business circles in the region. His company started out with Sakae Sushi in 1977 and has grown into a global food conglomerate with over 200 outlets worldwide. Foo at the helm of the Group, spearheaded the growth and expansion of Sakae Holdings. No stranger to the global market and building a business from the ground up, we asked Foo about his impressions on MSMEs, prepping for the global market, and the challenges this sets up for the ASEAN.

PFA Summit Panelists Per Session_02
Q: How can the business sector and national governments empower the MSMEs to better position them for the global market?

Foo: MSMEs are in exciting times because of the many opportunities created by globalization and technological advancements. There are two areas which our MSMEs can be empowered:

Collaboration – Our governments have laid a strong foundational framework of diplomatic ties for our businesses especially MSMEs to leverage in forging business alliances across ASEAN for mutual benefits. However, there could be more assistance in facilitating collaborations, whether it is helping small companies to collaborate with the larger ones or other MSMEs, or on the global front, with other MSMEs around the world. Such collaborative measures will empower and create opportunities.

Innovation – Our MSMEs are grappling with all these new technologies that are coming on stream. It is a disruption for most, but at the same time, it is a great opportunity where these enterprises can embark on scaling up into far larger businesses where they may not have been able to do without technology as an enabler. In Singapore, our government is providing assistance through various schemes and programmes for MSMEs to adopt innovative solutions with technological levers to remain competitive and relevant in a global market.

That said, MSMEs have to change their mindsets towards change and adopting new technology to innovate or to collaborate to internationalize. They must accept that they have limited resources and need to collaborate with other enterprises to augment manpower expertise and financial resource in a changing economy.

Q: In coming up with an “ASEAN” product, what areas for collaboration between the ASEAN Member States (AMS) do you see are readiest?

Foo: One area most ready is cyber security especially with the rise of the digital economy. If the whole of ASEAN can become more cyber-secure, it will become an attractive place to do business, and this is something which becomes a competitive advantage for this region as we move towards Industry 4.0 and the IoT.

3) In setting up regulations for the growing One ASEAN market, what do you suppose are the most pertinent challenges that AMS need to address?

Foo: The most pertinent challenge is the non-tariff barriers. Presently there are different standards and regulations within AMS. There needs to be in place a recognized ASEAN standard and agreement. For instance, Halal food definition varies from country to country within this region. In some countries, this certification is not recognized and it affects the seamless movement of goods especially at the customs clearance point.

Prosperity for All Summit Web Image
The Prosperity for All Summit is organized by the ASEAN Business Advisory Council, headed by its current Chair and the Philippine Presidential Adviser for Entrepreneurship Joey Concepcion. The summit is a one-day event focused on “Driving growth through micro and small entrepreneurs in Trade, Services and Agriculture”, and will be held in the City of Dreams, Manila, Philippines on April 28, 2017.

An Agricultural Take on MSME Development with Dr. William Dar

April 24th, 2017
InangLupa Movement President & Former Department of Agriculture Secretary Dr. William Dar.

InangLupa Movement President & Former Department of Agriculture Secretary Dr. William Dar.

The ASEAN region’s dynamic landscape and climate has led it to become an agricultural haven. In fact, the ASEAN is considered as one of the most productive agricultural regions in the world. We are the leading exporters of rice, fruit, vegetable and coffee and majority of ASEAN countries depend heavily on the agricultural sector.

To shed light on the agricultural sector and its impact on MSME development, Dr. William D. Dar shares his insights on agripreneurship (agriculture + entrepreneurship) in the context of ASEAN. Dr. Dar is a champion of the poor, especially small farmers and fisherfolks. Recently, he was awarded The Outstanding Filipino (TOFIL) Award in cognizance of his servant-leadership, as he transformed the International Crops Research Institute for the Semi-Arid Tropics (ICRISAT) from a struggling institute to one of the top performing centers of the Consultative Group on International Agricultural Research (CGIAR).

He also founded the InangLupa Movement—an advocacy group that calls for agricultural modernization and rural industrialization anchored on four pillars: inclusiveness, science-based, resilient, and market-oriented development. As a champion of agripreneurship, he actively encourages the youth to become farmer entrepreneurs (agripreneurs).

“Realizing the need to engage youth in agribusiness, InangLupa partnered with a group of visionaries and launched the YEF Phils [Young Entrepreneur-Farmers Philippines] late last year. YEF Phils is a private sector initiative working in partnership with GoNegosyo. YEF Phils envisions ‘A food secure, resilient, and prosperous Philippines propelled by empowered young farmers-entrepreneurs,’ and whose mission is ‘To mentor and empower young farmers to become successful entrepreneurs in high value agriculture,’” Dr. Dar shares.

Another noteworthy initiative in light of agripreneruship is the AgriBusiness Incubation (ABI) Program. Dr. Dar expounds that the “ABI is a program undertaken by ICRISAT which I headed in India. It is a unique and highly flexible combination of business development processes, infrastructure, and people – designed to nurture MSMEs by helping them to survive and grow through the difficult and vulnerable early stages of development. ABI also provides considerable management support for many MSMEs and investments in technology transfer and marketing. Based on the success of the ABI program undertaken by ICRISAT, the following components should be put into place: (1) technology consulting; (2) capacity building and training; (3) access to funding; (4) business facilitation; and (5) infrastructure and facilities.”

Agripreneurship can bolster rural development and create sustainable economies in many rural areas. For micro, small and medium enterprises, agripreneurship and its game-changing potential can create a culture of economic self-sufficiency for the many ASEAN citizens that rely on this sector.

Dr. Dar stresses that an “Inclusive Market-Oriented Development or IMOD strategy should guide MSMEs in agriculture. IMOD is a development pathway in which value-adding innovations (technical, policy, institutional and others) enable the poor to capture larger rewards from markets, while managing their risks. IMOD builds on four powerful principles: (1) resiliency; (2) markets motivate growth; (3) innovation accelerates growth; and (4) inclusiveness ensures that the poor participate and benefit.”

A challenge however to the progress of MSMEs and agripreneurship is how to make them more competitive. “There are only 8,195 MSMEs in agriculture, forestry, and fishing or approximately 1% of the total 896,839 MSMEs,” Dr. Dar says. Furthermore, not many farmers are aware and interested in transitioning into agriprneurship. “Farmers must be given access to credit, capacity training, links to manufacture and trade, etc.”

Lastly, Dr. Dar imparts that the ASEAN can focus on certain regulations to further the agripreneurship agenda. These include improving and streamlining Biosafety, GAP (Good Agricultural Practices), SPS (Sanitary and Photosanitary Measures), and HACCP (Hazard Analysis Critical Control Point) compliance, creating institutional mechanisms to support exporters through public-private investments, and reducing discrepancies of national food control systems among individual ASEAN Member States.

Prosperity for All Summit Web Image
PFA Summit Panelists Per Session_01
The Prosperity for All Summit is organized by the ASEAN Business Advisory Council, headed by its current Chair and the Philippine Presidential Adviser for Entrepreneurship Joey Concepcion. The summit is a a one-day event focused on “Driving growth through micro and small entrepreneurs in Trade, Services and Agriculture”, and will be held in the City of Dreams, Manila, Philippines on April 28, 2017.

Prosperity for ASEAN Region

April 24th, 2017
Prosperity for All Summit will happen on April 28, 2017.

Prosperity for All Summit will happen on April 28, 2017.

As we host the ASEAN’s 50th Anniversary, the ASEAN Business Advisory Council is hosting the first Prosperity for All Summit on April 28, 2017 at the City of Dreams Manila. With the theme, “Driving growth through micro and small entrepreneurs in Trade, Services and Agriculture”, the Summit aims to pursue genuine and inclusive growth and prosperity for the ASEAN people.  At the heart of this summit are the MSMEs (Micro, Small and Medium Enterprises) where majority remain within the poverty line and whose means of livelihood and economic future remain uncertain despite developments in the establishment of the AEC (ASEAN Economic Community).

We all know that 99.6% of the businesses in the Philippines are micro, small, and medium enterprises. It is a must for all of us to create an enabling environment where enterprises will be empowered to improve their products and services and compete in not just in the ASEAN market but also globally.

I am glad to share with you that Malaysian Prime Minister Dato’ Sri Najib Tun Razak and Thailand Prime Minister General (Ret.) Prayut Chan-o-cha have both confirmed their attendance to the event. As we get closer to the date of the event, we are positive that we can get more leaders to attend. Vice President Leni Robredo will also attend the gathering of enablers.

We have invited speakers from the 10 ASEAN countries. Let me share with you our speakers for Prosperity For All Summit:

Malaysian Prime Minister Dato' Sri Najib Tun Razak will attend the Prosperity for All Summit.

Malaysian Prime Minister Dato’ Sri Najib Tun Razak will attend the Prosperity for All Summit.

Thailand Prime Minister General Prayut Chan-o-cha (Ret.)

Thailand Prime Minister General Prayut Chan-o-cha (Ret.)

Session 1 discussion will feature former President Gloria Macapagal-Arroyo, Sen. Bam Aquino, Royal Group Chairman and ASEAN BAC Cambodia Chair Mr. Neak Okna Kith Meng, and Inang Lupa Movement President Dr. William Dar. We have also invited Cabinet Secretary Leoncio Evasco Jr. They will be discussing the topic: Enabling Environment to Achieve Prosperity for All.

Session 1 discussion will feature former President Gloria Macapagal-Arroyo, Sen. Bam Aquino, Royal Group Chairman and ASEAN BAC Cambodia Chair Mr. Neak Okna Kith Meng, and Inang Lupa Movement President Dr. William Dar. We have also invited Cabinet Secretary Leoncio Evasco Jr. They will be discussing the topic: Enabling Environment to Achieve Prosperity for All.

International Container Terminal Services Chairman and President Mr. Enrique Razon, Sakae Holdings Ltd. President and ASEAN BAC Singapore Member Mr. Douglas Foo, and Philippine Chamber of Commerce and Industries President and ASEAN BAC Philippines Member Mr. George Barcelon will share their insights on the topic: Strengthening the One Asean Market to Access Global Markets. We have also invited Trade Secretary Ramon Lopez to join the discussion.

International Container Terminal Services Chairman and President Mr. Enrique Razon, Sakae Holdings Ltd. President and ASEAN BAC Singapore Member Mr. Douglas Foo, and Philippine Chamber of Commerce and Industries President and ASEAN BAC Philippines Member Mr. George Barcelon will share their insights on the topic: Strengthening the One Asean Market to Access Global Markets. We have also invited Trade Secretary Ramon Lopez to join the discussion.

Funding, one of the major challenges for MSMEs, will be discussed by Mr. Alex Buenaventura of Landbank of the Philippines, Dr. Raymon Kwong of Silverlake Axis Group, Dr. Jaime Aristotle Alip of Center for Agriculture and Rural Development, and Mr. Jojo Flores of Plug and Play Technology Center.

Funding, one of the major challenges for MSMEs, will be discussed by Mr. Alex Buenaventura of Landbank of the Philippines, Dr. Raymon Kwong of Silverlake Axis Group, Dr. Jaime Aristotle Alip of Center for Agriculture and Rural Development, and Mr. Jojo Flores of Plug and Play Technology Center.

Forum on innovation and technology will feature Department of Science and Tecnology Sec. Fortunato Dela Pena, YCH Group Executive Chairman and ASEAN BAC Singapore Chair Dr. Robert Yap, Lazada Philippines CEO Mr. Inanc Balci and ANZ Laos CEO Ms. Anna Green.

Forum on innovation and technology will feature Department of Science and Tecnology Sec. Fortunato Dela Pena, YCH Group Executive Chairman and ASEAN BAC Singapore Chair Dr. Robert Yap, Lazada Philippines CEO Mr. Inanc Balci and ANZ Laos CEO Ms. Anna Green.

ASEAN BAC will also be launching the ASEAN Mentorship for Entrepreneurs Network (AMEN), which aims to provide a private-public partnership platform where mentors and world class teaching modules for MSME empowerment can be developed and actively shared among ASEAN Member States (AMS). To discuss this call to action for all mentors and enablers, Presidential Adviser for Entrepreneurship and ASEAN BAC Chairman Joey Concepcion will be joined by Sen. Miguel Zubiri, Ms. Teresita Sy-Coson of SM Investments Corporation and ASEAN BAC Philippines, Mr. Manny V. Pangilinan of Philippine Long Distance Telephone (PLDT), and Tan Sri Dato’ Dr. Mohd Munir Bin Abdul Majid of Bank Muamalat Berhad and ASEAN BAC Malaysia.

ASEAN BAC will also be launching the ASEAN Mentorship for Entrepreneurs Network (AMEN), which aims to provide a private-public partnership platform where mentors and world class teaching modules for MSME empowerment can be developed and actively shared among ASEAN Member States (AMS). To discuss this call to action for all mentors and enablers, Presidential Adviser for Entrepreneurship and ASEAN BAC Chairman Joey Concepcion will be joined by Sen. Miguel Zubiri, Ms. Teresita Sy-Coson of SM Investments Corporation and ASEAN BAC Philippines, Mr. Manny V. Pangilinan of Philippine Long Distance Telephone (PLDT), and Tan Sri Dato’ Dr. Mohd Munir Bin Abdul Majid of Bank Muamalat Berhad and ASEAN BAC Malaysia.

Sessions will be moderated by Rico Hizon, Maria Ressa, Cathy Yang, Pia Hontiveros-Pagkalinawan, and Coco Alcuaz.

Sessions will be moderated by Rico Hizon, Maria Ressa, Cathy Yang, Pia Hontiveros-Pagkalinawan, and Coco Alcuaz.

Vice President Leni Robredo will also attend the Prosperity for All Summit.

Vice President Leni Robredo will also attend the Prosperity for All Summit.

 

Prosperity for All Summit

April 20th, 2017
ASEAN Business Advisory Council hosts the first Prosperity for All Summit on April 28, 2017.

ASEAN Business Advisory Council hosts the first Prosperity for All Summit on April 28, 2017.

As you all know, Philippines is the host of ASEAN and it’s a great opportunity to celebrate ASEAN’s 50th Anniversary.

10 years ago, my father was the chairman of ASEAN. 10 years after, I am in the same position as Chairman of ASEAN Business Advisory Council. We have prepared a whole list of activities for this year’s chairmanship. The goal is to help more micro and small entrepreneurs. As you all know MSME development is close to my heart. For the past 12 years, we at Go Negosyo have been empowering and helping the micro and small entrepreneurs out of poverty. This year, ASEAN Business Advisory Council’s theme is Partnering for Change, Prosperity for All. Just like President Duterte’s goal of bringing inclusive growth in the country, we at ASEAN BAC supports the promotion of inclusive growth, not only in the Philippines but also across the ASEAN region.

The ASEAN Business Advisory Council is hosting the first Prosperity for All Summit on April 28, 2017 at the City of Dreams Manila. With the theme, “Driving growth through micro and small entrepreneurs in Trade, Services and Agriculture”, this Summit aims to pursue genuine and inclusive growth and prosperity for the ASEAN peoples.  At the heart of this summit are the MSMEs (Micro, Small and Medium Enterprises) where majority remain within the poverty line and whose means of livelihood and economic future remain uncertain despite developments in the establishment of the AEC (ASEAN Economic Community).

We all know that 99.6% of the businesses in the Philippines are micro, small, and medium enterprises. It is a must for all of us to create an enabling environment where enterprises will be empowered to improve their products and services and compete in not just in the ASEAN market but also globally.

I am glad to share with you that Malaysian Prime Minister Dato’ Sri Najib Tun Razak and Thailand Prime Minister General Prayut Chan-o-cha (Ret.) have both confirmed their attendance to the event. As we get closer to the date of the event, we are positive that we can get more leaders to attend.

We are glad to have Vice President Leni Robredo as well.

Session 1 discussion will feature former President Gloria Macapagal-Arroyo, Sen. Bam Aquino, Royal Group Vice President Mr. Rami Sharaf, and Inang Lupa Movement President Dr. William Dar. We have also invited Cabinet Secretary Leoncio Evasco Jr. They will be discussing the topic: Enabling Environment to Achieve Prosperity for All.

International Container Terminal Services Chairman and President Mr. Enrique Razon, Sakae Holdings Ltd. Founder and Chairman and ASEAN BAC Singapore Member Mr. Douglas Foo, and Philippine Chamber of Commerce and Industries President and ASEAN BAC Philippines Member Mr. George Barcelon will share their insights on the topic: Strengthening the One ASEAN Market to Access Global Markets. We have also invited Trade Secretary Ramon Lopez to join the discussion.

Funding, one of the major challenges for MSMEs, will be discussed by Mr. Alex Buenaventura of Landbank of the Philippines, Dr. Raymond Kwong of Silverlake Axis Group, Dr. Jaime Aristotle Alip of Center for Agriculture and Rural Development, and Mr. Jojo Flores of Plug and Play Technology Center.

Forum on innovation and technology will feature Department of Science and Tecnology Sec. Fortunato Dela Pena, YCH Group Executive Chairman and ASEAN BAC Singapore Chair Dr. Robert Yap, Lazada Philippines CEO Mr. Inanc Balci and ANZ Laos CEO Ms. Anna Green.

ASEAN BAC will also be launching the ASEAN Mentorship for Entrepreneurs Network (AMEN), which aims to provide a private-public partnership platform where mentors and world class teaching modules for MSME empowerment can be developed and actively shared among ASEAN Member States (AMS). To discuss this call to action for all mentors and enablers, Presidential Adviser for Entrepreneurship and ASEAN BAC Chairman Joey Concepcion will be joined by Sen. Miguel Zubiri, Ms. Teresita Sy-Coson of SM Investments Corporation and ASEAN BAC Philippines, Mr. Manny V. Pangilinan of Philippine Long Distance Telephone (PLDT), and Tan Sri Dato’ Dr. Mohd Munir Bin Abdul Majid of Bank Muamalat Berhad and ASEAN BAC Malysia.

The fora will be moderated by well-known journalists such as Rico Hizon of BBC World News, Cathy Yang of ANC, former Business News Head of ANC Coco Alcuaz, Pia Hontiveros-Pagkalinawan of CNN Philippines, and Maria Ressa of Rappler.

We are happy to have the interest of many entrepreneurs, enablers, advocates, and other supporters. Some students are also interested to be part of the Summit. We thank partners and sponsors for their outpouring support. Through this summit, we aim to encourage entrepreneurs and enablers alike to help bring prosperity for all sectors in ASEAN region.

Insights on Start-ups, Financial Inclusion and MSMEs from Jojo Flores

April 19th, 2017

jojo_flores
Jojo Flores is one of the top influencers in the Philippine start-up community. On April 28, 2017, he will be joining Dr. Aristotle Alip, Founder and Managing Director of CARD-MRI, Landbank President and CEO Alex Bueneventura, and Dr. Raymond Kwong from Malaysia, the CEO and Managing Director of Silverlake Axis Group of Companies, in a panel discussion about financial inclusion for micro, small and medium enterprises at the Prosperity for All Summit.

Jojo Flores has earned his clout in the local start-up community as Co-Founder of Launchgarage, a tech-focused start-up innovation hub and incubator that is home to the likes of Medifi, Tralulu and Taxumo. Internationally, he is also known as the Co-Founder and Vice President of Plug and Play Technology Center, the world’s largest start-up accelerator based in the mecca of innovation— Silicon Valley. In just a little over a decade since its inception, Plug and Play Technologies has raised in excess of $2.2 billion USD.

Flores’ extensive knowledge on start-ups, incubation and funding, is integral to facilitating the discussion of improving the funding mechanisms for start-ups in the region.

PFA Summit Panelists Per Session_03
“We currently face a market gap between startups and traditional funding institutions in the Philippines.  With the absence of credit history and collateral, startups encounter challenges in raising money or loans from banks.  Further, it is common that financial institutions don’t fully understand disruptive technologies.  Thus, banks need to educate themselves in exploiting this opportunity,” Flores shared.

Flores also observes that the main challenge for ASEAN regulations being set-up for start-up funding is “[alighting] taxes and [providing] incentives between the ASEAN nations.”  He cites Singapore as the hotspot for start-ups and new funds because of its friendlier terms, ease of doing business, and exits.

Looking forward, Flores sees a positive outlook for the future of financing when it comes to start-ups. “There are a number of opportunities, but one that is popular and trending now is in the area of block chain technology.  There are great potentials for better economics and security, not only for MSMEs but also for their target markets.”

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Prosperity for All Summit Web Image
The Prosperity for All Summit is organized by the ASEAN Business Advisory Council, headed by its current Chair and the Philippine Presidential Adviser for Entrepreneurship Joey Concepcion. The summit is a a one-day event focused on “Driving growth through micro and small entrepreneurs in Trade, Services and Agriculture”, and will be held in the City of Dreams, Manila, Philippines on April 28, 2017.

The summit is expected to be a gathering of enablers from both the private and public sectors in view of MSME development. It will also be the initial meeting to lay out the blueprint for the ASEAN Business Advisory Council’s regional mentorship program, AMEN, and an avenue for leaders and heads of states to share their plans on achieving inclusive growth and prosperity not only in their own respective countries, but also in the region, collectively.

ASEAN BAC & ASEAN Japan Business Council Established ASEAN-Japan Innovation Network

April 18th, 2017
ASEAN Business Advisory Chairman Joey Concepcion and Vice Chairman of ASEAN Japan Business Council and Chairman of Sumitomo Corporation Kazuo Ohmori presented the signed Memorandum of Cooperation for the ASEAN Japan Innovation Network (AJIN). AJIN is a private sector led initiative for promoting innovation across sectors and industries including digital business platforms for MSMES and emerging industries. Witnessing the presentation are the ASEAN Economic Ministers led by the 2017 Chair, Department of Trade and Industry Sec. Ramon Lopez.

ASEAN Business Advisory Chairman Joey Concepcion and Vice Chairman of ASEAN Japan Business Council and Chairman of Sumitomo Corporation Kazuo Ohmori presented the signed Memorandum of Cooperation for the ASEAN Japan Innovation Network (AJIN). AJIN is a private sector led initiative for promoting innovation across sectors and industries including digital business platforms for MSMES and emerging industries. Witnessing the presentation are the ASEAN Economic Ministers led by the 2017 Chair, Department of Trade and Industry Sec. Ramon Lopez.

The ASEAN Business Advisory Council, led by its Chairman, Joey Concepcion III, and the ASEAN Business Club, represented by its Chair, Tan Sri Dr. Munir, joined forces with leading Japanese private business organizations in establishing the ASEAN-Japan Innovation Network (AJIN) in Tokyo last April 7, 2017. AJIN aims to promote innovation across key sectors in ASEAN especially in support of emerging new digital driven industries through collaboration and cooperation between ASEAN-Japan businesses.

This collaboration was highlighted by the signing of a Memorandum of Cooperation.  Mr. Concepcion representing ASEAN business and Mr. Kazuo Ohmori, Vice Chair of Asean Japan Business Council led the signing of the MoC.  Nine collaborating Japanese institutions co-signed the MoC namely: 1) ASEAN Japan Business Council, 2) The Japan Chamber of Commerce and Industry, 3) KEIDANREN (Japan Business Federation), 4) KEIZAI DOYUKAI (Japan Association of Corporate Executives), 5) Japan Foreign Trade Council, 6) Japan Association of New Economy, 7) Japan External Trade Organization, 8) Federation of Japanese Chambers of Commerce and Industry in ASEAN, and 9) Japan-ASEAN Innovation Support Network.

The signing of memorandum of cooperation happened last April 7, 2017 in Tokyo, Japan.

The signing of memorandum of cooperation happened last April 7, 2017 in Tokyo, Japan.

In the photo (L-R): Mr. Jun Hasegawa, Representative Director of Japan-ASEAN Innovation Support Network; Mr. Tsukasa Kawazu, Executive Managing Director of Japan Foreign Trade Council, Inc.; Dr. Kiyohiko Ito, Managing Director of KEIZAI DOYUKAI; Mr. Satoshi Mukuta, Senior Managing Director of KEIDANREN; Mr. Kazuo Ohmori, Vice Chairman of The Japan Section of the ASEAN-Japan Business Council; Mr. Joey Concepcion, Chairman of ASEAN Business Advisory Council; Tan Sri Dr. Mohd Munir, Chair of ASEAN BAC Malaysia; Dr. Yuri Sato, Executive Vice President of Japan External Trade Organization; and Mr. Takashi Ueno, Vice Chairman of The Japan Chamber of Commerce and Industry.

In the photo (L-R): Mr. Jun Hasegawa, Representative Director of Japan-ASEAN Innovation Support Network; Mr. Tsukasa Kawazu, Executive Managing Director of Japan Foreign Trade Council, Inc.; Dr. Kiyohiko Ito, Managing Director of KEIZAI DOYUKAI; Mr. Satoshi Mukuta, Senior Managing Director of KEIDANREN; Mr. Kazuo Ohmori, Vice Chairman of The Japan Section of the ASEAN-Japan Business Council; Mr. Joey Concepcion, Chairman of ASEAN Business Advisory Council; Tan Sri Dr. Mohd Munir, Chair of ASEAN BAC Malaysia; Dr. Yuri Sato, Executive Vice President of Japan External Trade Organization; and Mr. Takashi Ueno, Vice Chairman of The Japan Chamber of Commerce and Industry.

The signed MoC was thereafter presented formally at the start of a full packed ASEAN-Japan Open Innovation Forum with the presence and strong support of all the ASEAN Economic Ministers led by the 2017 AEM Chair Ramon Lopez of the Philippines.

The AJIN initiative was a culmination of Japan’s private sector engagement and dialogue with new industries which started in Naypyidaw, Myanmar in 2014 (on Green Healthcare), Kuala Lumpur, Malaysia in 2015 (on Venture Start up) and Bangkok, Thailand in 2016 (Service Sector).  For 2017, the AJIN serves as an ideal platform to bring about concrete programs in support of the Philippine government’s theme of an Innovation-driven economy and ASEAN BAC’s focus on MSME Empowerment and Inclusive Business towards Prosperity for All.

Are We Up For It?: Tan Sri Dato’ Dr. Munir Majid from Malaysia Weighs in on ASEAN Integration and MSME Development

April 17th, 2017
dr_munir

Tan Sri Dato’ Dr. Munir Majid of ASEAN BAC Malaysia.

On April 28, 2017, Tan Sri Dato’ Dr. Munir Majid will join ASEAN Business Advisory Council (ASEAN-BAC) Chair Joey Concepcion, Philippine Senator Miguel Zubiri, ASEAN-BAC Member Tessie Sy-Coson, and Filipino Tycoon and Philanthropist Manuel V. Pangilinan as panelists for a session moderated by BBC World News anchor Rico Hizon entitled Call to Action: Initiating ASEAN Mentors for Entrepreneurs Network at the Prosperity for All Summit in the City of Dreams, Manila.

A well-recognized figure in ASEAN discourse, Dr. Majid was the previous Chair of the ASEAN Business Advisory Council, Malaysia.

The ASEAN Mentors for Entrepreneurs Network (AMEN) is a private-public partnership platform where mentors and world class teaching modules for micro, small and medium enterprise empowerment can be developed and actively shared among ASEAN Member States (AMS).

“AMEN is an excellent initiative by Go Negosyo and the Philippines,” Dr. Majid says, “The concentrated effort and focus will help MSMEs reach out and expand their businesses. There is no free lunch of course, but the guidance afforded them can provide linkages if there is a business fit. The mentor with his suite of activities may even find MSMEs that can supply, produce, market and sell goods and services for his business empire.”

Indeed, AMEN will open up a world of opportunities for entrepreneurs all over the region. “Information is king. First, to market is not just an expression. We must be aware that what ASEAN is into is free market and competition. This is the ethic of the ASEAN Economic Community,” Dr. Majid shares. “What initiatives like the mentorship program and the ASEAN MSME master plan are trying to do is to create as level a playing field as possible. But there is no avoiding there will be winners and losers. Are we up for it?

This raises the query of how exactly can MSMEs be further capacitated asides from mentorship and skills training. “Access to finance is key,” Dr. Majid stresses. “New forms of availability beyond the banks through e-finance platforms domestic and cross-border should be encouraged if ASEAN is serious about helping MSMEs.” Dr. Majid depicts a pragmatic picture of why finance is a primary focus area for the ASEAN. “[Financial services’] availability at reasonable rates would provide a solution to many other areas in which MSMEs are weak: good management and account-keeping; better use of technology in internal systems, production and sales; improving the standard of English, which is ASEAN’s business language (although there should be assistance through translations of more important information) – many of the things the mentorship program is designed to achieve.”

Prosperity for All Summit Web Image
The Prosperity for All Summit is organized by the ASEAN Business Advisory Council, headed by its current Chair and the Philippine Presidential Adviser for Entrepreneurship Joey Concepcion. The summit is a one-day event focused on “Driving growth through micro and small entrepreneurs in Trade, Services and Agriculture”, and will be held in the City of Dreams, Manila, Philippines on April 28, 2017.

To register, accomplish the online form at www.tinyurl.com/AseanProsperityforAll-Public. For additional information on the Prosperity for All Summit, please contact: (+632) 6315001, email info@asean-bac.org, or visit www.gonegosyo.net.

Going Global: ASEAN and the Future of MSMEs

April 8th, 2017

Radio Synthesis 07 Dr
Last March 29, 2017, Go Negosyo Radyo hosts Sen. Bam Aquino & DJ Cheska San Diego-Bobadilla were joined by ASEAN Business Advisory Council (ASEAN BAC) Executive Director Gil Gonzales and ASEAN Business Advisory Council Malaysia member and former Chair, Tan Sri Dato’ Dr. Munir Majid for the weekly episode of Go Negosyo sa Radyo on DZRH.

The prominent guests who are experts in the topic of business and the ASEAN, took upon the task of explaining the ASEAN, the ASEAN Economic Community, and integration to our listeners. Oftentimes, the nuanced and complex structure of the ASEAN can leave many Filipinos confused and consequently, misinformed of what the ASEAN and the forthcoming economic interdependence implies.

Many Filipino negosyantes wonder — how can foreign entrants into the Filipino market be beneficial for a small business like mine? Isn’t it anti-Filipino to make it harder for us micro and small enterprises to compete globally?

In the discussion between our hosts and guests, Executive Director Gonzales and Dr. Munir Majid shared insights to help Filipinos understand the real benefits and challenges presented by the changes brought about by ASEAN. Addressing the fears of the Filipinos, Dr. Munir Majid said “Why are you afraid? It’s not just ASEAN countries, but the whole integrated movement is worldwide. It’s happening everywhere — so we really must compete. Don’t be afraid—if you’re afraid you will lose. Take advantage of the financial advances and technologies that will be made more available.”

Gonzales also weighed in on the matter, saying “The fear is there because there is a lack of awareness of knowledge. But we have the support of the government and the private sector. The conversation about ASEAN needs to be alive and widespread, but we also have to progress; we have to move the conversation to how we can take advantage of the changing and opening market.”

“We have to be tough, we have to wish to be competitive! But there’s also lots of support especially from DTI and other government agencies,” Gonzalez added.

When asked how businesses can start to prepare for the changes, Gonzales said “First things first, you have to ask: who are my competitors? Go to PCCI and look for the association that corresponds to your business. Then look at who else in ASEAN does the same thing as you. The thinking should be partnerships rather than fighting for the market. We have to partner to raise our quality, standards, and production so we can reach global standards and penetrate the global market.”

Dr. Majid added “The various standards that different countries have could become a problem. To address this, one initiative is that we should have common standards. Agri-food business is something we’re concentrating on. For example, we’re removing certain tariff barriers. You really have to look at other countries and look at your competition. Assess how you can be efficient in your area because only then can you expand.”

In terms of the different institutions the MSMEs can approach for help, Dr. Majid said “Go Negosyo’s mentorship program is something great that [The Philippines] has because you get to sell and provide for an existing supply-chain. Another, is GAX a loan platform form Malaysia. Trade associations and your local chambers of commerce are also good starting points to look for assistance and to map out businesses similar to yours. Everybody is involved in the ASEAN Economic Agenda.”

Tan Sri Dato’ Dr. Munir Majid

Tan Sri Dato’ Dr. Munir Majid

In photo (L-R): ASEAN BAC Malaysia Member Tan Sri Dato’ Dr. Munir Majid, DJ Cheska San Diego-Bobadilla, ASEAN BAC Executive Director Gil Gonzales and Sen. Bam Aquino.

In photo (L-R): ASEAN BAC Malaysia Member Tan Sri Dato’ Dr. Munir Majid, DJ Cheska San Diego-Bobadilla, ASEAN BAC Executive Director Gil Gonzales and Sen. Bam Aquino.

So, what’s next for the ASEAN?
Dr. Majid posits that the “downside when your market is big, is that you sometimes want to get out. Philippines is quite behind in terms of tourism compared to other ASEAN countries and that’s something we can focus on.” Also, important events focused on business are the ASEAN Business and Investments Summit and the upcoming MSME Summit entitled Prosperity for All (read: ASEAN Summit on MSME Development in Manila).

Other future initiatives that were discussed was the ASEAN Mentors for Entrepreneurs Network (AMEN), which takes inspiration from the Kapatid Mentor Me Program and its capacity to link up the supply chains of the big and small.

Dr. Majid and Gonzales shared that the ASEAN, at its current rate of growth, could be the 4th biggest economy in the world by 2030.

The final question addressed by the ASEAN-BAC Executive Director was the supposed isolation of the Philippines. Gonzales agreed that the PH is a little isolated “It’s a little like Britain in the EU. But the distance is now being reduced and the markets are being brought closer together. So the distance will become less and less significant. That’s why there is a growing need for architects and engineers in order to boost the infrastructure development of the region.”

Dr. Majid, who was the previous ASEAN-BAC Chair, was asked what advise he had for current ASEAN-BAC Chair Joey Concepcion. “Joey is an old hand, he’s a great guy and he’s pursuing the MSME and shared prosperity targets. He has the support of Gil who’s a great management man. We have a lot of support from this council. If I can say one thing: Go Get! Make it Happen!

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Prosperity for All Summit Web Image
The Prosperity for All Summit is organized by the ASEAN Business Advisory Council, headed by its current Chair and the Philippine Presidential Adviser for Entrepreneurship Joey Concepcion. The summit is a one-day event focused on
Driving growth through micro and small entrepreneurs in Trade, Services and Agriculture”, and will be held in the City of Dreams, Manila, Philippines on April 28, 2017.

To register, accomplish the online form at www.tinyurl.com/AseanProsperityforAll-Public. For additional information on the Prosperity for All Summit, please contact: (+632) 6315001 or  info@asean-bac.org, or visit www.gonegosyo.net. 

Kapatid Agri Mentor Me

April 6th, 2017
Go Negosyo and Department of Agriculture sealed their partnership for the Kapatid Agri Mentor Me Program (KAMMP) (In photo L-R Ginggay Hontiveros, Go Negosyo Adviser on Agripreneurship, Dr. William Dar, Go Negosyo Adviser, Presidential Adviser Joey Concepcion, Sec. Manny Pinol, Bernadette Romulo-Puyat, DA Undersecretary for Marketing, and Luz Tapusok, Director of Agricultural Training Institute).

Go Negosyo and Department of Agriculture sealed their partnership for the Kapatid Agri Mentor Me Program (KAMMP) (In photo L-R Ginggay Hontiveros, Go Negosyo Adviser on Agripreneurship, Dr. William Dar, Go Negosyo Adviser, Presidential Adviser Joey Concepcion, Sec. Manny Pinol, Bernadette Romulo-Puyat, DA Undersecretary for Marketing, and Luz Tapusok, Director of Agricultural Training Institute).

In our mission to mentor all entrepreneurs in different sectors, we are forging partnerships with different institutions and government offices to reach even the low-lying communities of the country. Agriculture is one of the sectors I personally want to equip and empower. Why? Because as an agricultural country, I know that we have the resources and the market for crops and agri products. We are also blessed with farmers and fishermen who work hard to provide us with the food we see in markets.

This is why we need to mentor them. We need them to improve their practices, teach them techniques, and introduce them to agricultural technologies. And hopefully, their sons and daughters prepared with an enterprising mindset will become the next successful agripreneurs.

Last Monday, Go Negosyo sealed its partnership with the Department of Agriculture led by Sec. Manny Piñol. This has been in the works since we launched the Kapatid, Angat Lahat program in August 2016. Under this partnership, we are launching the Kapatid Agri Mentor Me Program (KAMMP) which applies the same model of Kapatid Mentor Me, a 12-week coaching session for micro and small entrepreneurs.

KAMMP wishes to take the same proven and enabling formula as the KMME and apply it to the context of Agripreneurs. The DA is mandated to promote agricultural development by providing the policy framework, public investments, and support services needed for domestic and export-oriented business enterprises. Thus, KAMMP was developed with Go Negosyo as a coaching program for Agriculture as a complement to the DA’s initiatives to help sustain and scale up Agri-business in the country.

The program’s modules will be taught by Agri-business Industry practitioners with an extensive knowledge in their field. The objectives of the program are to equip Agripreneurs and farmers with the proper production techniques, mindset and values, practical knowledge and strategies, and consultation services to foster successful and sustainable agri-enterprises. Mentees for the program will be selected from farmers’ cooperatives by the respective Regional Directors of the DA.

During the signing ceremony, we were joined by Merly Cruz, Adviser for MSME Development, and Ginggay Hontiveros, Adviser for Agripreneurship. Also present were Go Negosyo Agri Mentors led by Dr. William Dar, Henry Lim Bon Liong, Toto Barcelona, Pamela Chan, Flor Tarriela, Mike Caballes, Cherrie Atilano, Vix Madlangbayan, Sandy Montano, Babie Atanacio, Mat Maderazo and Bobby Amores.  The Department of Agriculture is represented by Secretary Manny Piñol, together with Undersecretary Ariel Cayanan of Operations and Undersecretary Berna Romulo Puyat of Marketing. Also present to witness the signing is the Director for ATI Ms. Luz Tapusok and members of the ATI, AFID and AMAS teams. ATI is integral to the implementation of the KAMMP program in all regions of the country.

The MOU Signing was followed with a discussion by the two parties for several initiatives of agri development in the countryside, as well as the proposed ASEAN Agri Summit slated for October 2017.

We are excited to share this good news to our farmers! With this program, we wish for a stronger agri sector in the coming years equipped not only with the positive entrepreneurial mindset but also with agricultural knowledge and equipment.

Prior to this official partnership, we have been collaborating with Sec. Piñol and his team for some projects including the linkage of onion farmers to big brothers. Last February, farmers from Bongabon Nueva Ecija met with some representatives of the big companies to share their plights and offer their produce to them. Like big brothers, companies were quick to extend their support to Sec. Piñol and the farmers. SM Group and Robinsons among others are continuously offering the local onions in their supermarkets because of this coordination. We are working on bringing more vegetables and fruits to the nearest groceries, and cutting the unnecessary processes in the value chain.

Apart from this, our Sulu Project is mainly because of Sec. Piño. He was the one who tapped us to make the programs in Sulu a reality. When President Duterte asked Sec. Piñol to create development programs in Sulu, Sec. Piñol asked me to help thus the birth of the Sulu Project. With the outpouring support of the big brothers, we already had groundbreaking ceremonies last month to start the construction of classrooms and houses in different areas of the province.

With the full support now of DA, we hope to bring more livelihood and micro and small entrepreneurship development programs to our agri players. There are a lot of successful entrepreneurs who found greener pastures in agriculture and we want to create more successful agripreneurs. Together, DA and Go Negosyo will bring prosperity to our agriculture community!