Archive for October, 2017

BEHIND THE WORDS: Four Key Insights from Jack Ma on the Digital Economy

Saturday, October 28th, 2017
Presidential Adviser for Entrepreneurship Joey Concepcion moderated a forum with Dr. Jack Ma which kicked off with Concepcion asking Ma for his advice from many traditional businessmen in the audience. Concepcion followed up with a question asking Ma on his perspective on creating more access for small entrepreneurs to money, markets and mentorship.

Presidential Adviser for Entrepreneurship Joey Concepcion moderated a forum with Dr. Jack Ma which kicked off with Concepcion asking Ma for his advice from many traditional businessmen in the audience. Concepcion followed up with a question asking Ma on his perspective on creating more access for small entrepreneurs to money, markets and mentorship.

Dr. Jack Ma’s a-little-more-than-24-hours visit has still left a lingering impact on the FIlipino community. Just hours after his appearance in De La Salle University, telcos and the governement have already announced their commitment to improve the speed of the Philippines’ internet, and various fintech solutions have been launched with influential local businesses. Reeling from quite a momentous event, we’ve compiled a list of four moments during Ma’s visit wherein he gave valuable insights on the most pertinent issues in a growingly digital and globalized world.

Robbie Antonio (CEO of Revolution Precrafted) questioned Jack Ma on his perspective on blockchain technology (bitcons) and cryptocurrency). In his reply, Ma shares that he’s a believer of the tech and asks what measures can be done to ensure the safest and most efficient way of doing transactions.

Nix Toledo (CEO of Xurpas) asked Jack Ma how traditional businesses should view the East World Trade Platform of China. Ma answers by saying that the EWTP will greatly favor small businesses versus the WTO which largely favored large businesses.

Leandro Leviste (Founder of Solar Philippines) asked Jack Ma regarding his ideas addressing developing world problems in energy, infrastructure and agricuture for poverty alleviation. Ma’s answer gave a comprehensive answer which drew from his experiece as the head of Alibaba.

Myla Villanueva (Managing Director, Novarre Technologies) asked Jack Ma regarding his take on artificial intelligence and the future. Ma posits that AI is the wrong term and it should be called machine intelligence.

Right Money, Open Markets

Saturday, October 28th, 2017

03 Right Money Open Markets
The lack of access to financial resources and limited market opportunities are hindering the growth of millions of micro and small entrepreneurs. The  ASEAN Business and Investment Summit 2017 is a global dialogue led by renowned policy leaders in finance and key players in the market who will uncover the current realities in the accessibility and distribution of money and markets.

The discussion on Right Money, Open Markets is imperative to the roadmap towards Prosperity for All which banks on inclusive and innovative financing and a competitive and interconnected market.

The forum is anchored on the  ASEAN Strategic Action Plan for MSME Development, 2016–2025 which emphasizes sustainable infrastructure for the region. It identifies actions and goals which can strengthen the capacity of ASEAN MSMEs’ in various key areas. Two key strategies pertaining to MSMEs are: as to promote productivity, technology and innovation and to enhance market access and internationalization.

The other goals identified are to increase access to finance, to enhance policy and regulatory environment, and to promote entrepreneurship and human capital development. Essentially, the Action Plan determines activities that expand the opportunities of MSMEs to take part in value chains, industrial linkages and internationalization.

As a region with huge economic potential – with a total population of 625 million and a combined GDP of US$2.4tn in 2013 – large corporations and small and medium enterprises are identified as its key drivers of the region’s economic growth. Reports suggest that as businesses within the ASEAN expand, the region’s economic strength follows. This makes sufficient funding support for businesses a necessity in fostering a robust private sector.

Today, SMEs comprise over 96% share in the ASEAN market. They now provide 50% to 85% of domestic employment – a significant proof of its relevance in the development of the region. However, many small and micro entrepreneurs face challenges in securing not only capital but also sufficient finances to overcome trade barriers.

[1]ASEAN Businesses Need to Embrace Capital Markets.” The Economist, The Economist Newspaper, aseaninsight.economist.com/2015/08/18/asean-businesses-need-to-embrace-capital-markets/.

Inclusive business initiatives from the governments and the private sector move towards greater integration.

How can policy shape a business environment which is conducive to capital lending for the SMEs?How does one strike a balance between meeting stiff international banking standards set by Bank for International Settlement (BIS) such as the Basel Core Principles and Financial Action Task Force (FATF), and the “relaxed from stiff standards” sought by banks servicing the MSME markets?  What can major banks and financial institutions contribute in the movement towards inclusivity? What can the small and medium enterprises do to establish strong support and get enough credit?

To shed light on the challenge towards building  a strong business environment for AEC, the panel on Right Money, Open Markets will facilitate comprehensive discussions on innovative and inclusive financing options and discuss the accessibility of these programs for micro, small and medium entrepreneurs.

ABIS  2017 is  the biggest and most prestigious business event in ASEAN  set to be a three-day conference presented by the ASEAN Business Advisory Council which will bring attention to the business, investment opportunities, global issues, and key strategic directions that impact on business opportunities for ASEAN member nations today.

To join this year’s ABIS, register now at www.abis2017.com

JOIN THE CONVERSATION: What needs to be prioritized by leaders for better prosperity in ASEAN

Friday, October 27th, 2017

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Former US Ambassador of the Asian Development Bank Curtis Chan said in an interview for Yale Insights that in order for the Southeast Asian region to reach its potential of becoming the next global economic superstar, the region must first focus on what he calls the ‘little BRIC’— bureaucracy, regulation, interventionism by government, and corruption.

“Clearly, government structures and regulation are necessary, but when does it go too far and reduce the incentives to start a company or hire more people? When is there too much government interventionism in an economy? When is corruption out of hand? For me, the little BRIC is the true economic constraint on growth in Southeast Asia, in ASEAN, and the world,” Chan said in the interview.

Prosperity for All has been an ongoing mantra for the business sector during the 50th year of ASEAN. In the upcoming ASEAN Business & Investment Summit on November 13-14, many world leaders in both the private and public sector will come together to discuss the “Roadmap Towards Prosperity For All.” Thus, many are wondering what issues should these leaders prioritize?

In an article released by the World Bank last May following the World Economic Forum on ASEAN, Nicholas Fang and Simon Tay said that a people-focused economy is rising. In the next 50 years, the development of small business are said to be “the most effective and sustainable solution for creating more inclusive growth.” Furthermore, WEF said that the ASEAN needs to adopt a multi-stakeholder approach, raising awareness of ASEAN, and leverage the potential of its people.

What do you think leaders should prioritize to achieve prosperity for all?

 

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ABIS  2017 is the biggest and most prestigious business event in ASEAN  set to be a three-day conference presented by the ASEAN Business Advisory Council which will bring attention to the business, investment opportunities, global issues, and key strategic directions that impact on business opportunities for ASEAN member nations today.

To join this year’s ABIS, register now at www.abis2017.com.

How to get the most of your ABIS experience

Friday, October 27th, 2017

ASEAN BAC PH Web Banner ABIS 2017 600p
One of the biggest business events this year is just around the corner. Gathering a number of top level executives from diverse sectors, distinguished thought leaders, entrepreneurs, enablers and champions from the private and public sector, the ASEAN Business and Investments Summit is expected to be an eventful three days sparked with rich dialogues and investment opportunities among the ASEAN Economic Community. Here’s how to get the most out of your ABIS experience:

  1.   Know your goals

As you prepare yourself to attend this year’s ABIS, it is important to remember why you chose to attend in the first place. Is it your goal to engage in conversations and build your network? Do you aim to assimilate as much information from the summit sessions? Setting your goals beforehand can help you get around and meet people and get the most out of it.

  1.   Arrive early

Get to the venue as early as possible to avoid any hassle. This will also allow you to engage in early conversations with small groups before the event.

  1.   Use the app

Maximize your ABIS 2017 experience by downloading and using the app for the event. This handy technology will help you get around and know important information regarding the sessions.

  1.   Take notes

While it’s important to listen and immerse your mind in the rich discussions, the profuse amount of information may be too much for you to remember. Taking notes is a good way to recall the noteworthy parts of the discussions post event, whether it’s on a good old notepad or on your gadgets.

  1.   Socialize

The three-day event is a perfect opportunity to build your network. Being one of the biggest business events to be staged this year, ABIS will be graced by renowned leaders and business tycoons, gathering guests from the different sectors of business and the government. Bring a number of business cards to pass around, but note that it is also important to limit it only to the ones you really aim to get in touch afterwards.

ABIS  2017 is  the biggest and most prestigious business event in ASEAN  set to be a three-day conference presented by the ASEAN Business Advisory Council which will bring attention to the business, investment opportunities, global issues, and key strategic directions that impact on business opportunities for ASEAN member nations today.

To join this year’s ABIS, register now at www.abis2017.com.

“World-Class, Filipino-made: The Best of Local Home Décor and Furniture”

Thursday, October 26th, 2017

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On October 25, Go Negosyo sa Radyo hosts Sen. Bam Aquino & Faith Salaver were joined by two exhibitors from the recently concluded Manila FAME—Benjamin Aquino (Benjamin Aquino Exports Inc.) and couple Antonio & Remedios Garcia (RU Garcia Furniture) for an episode talking about the thriving furniture and home decor industry in the Philippine which attracts buyers from across the globe.

Benjamin Aquino’s namesake company was established in 1983 in San Fernando, Pamapanga. He shares that he entered the business of furniture and exports because of his uncle. Today, Benjamin Aquino Exports Inc., supplies to big name companies such as Pier One and Pottery Barn.

Joining Benjamin were Antonio and Remedios Garcia, a couple who established RU Garcia Furniture in 1993 at Pantay Daya, Vigan City, Ilocos Sur. The business saw its beginnings through Antonio’s idea of turning the wood, sourced from the business of Remedios’ brother, into furniture. With hard work and a lot of creativity, Antonio Garcia continued to create furniture with his background in carpentry. Today, their products have already reached Japan, Hong Kong, and continue to expand worldwide.

During the episode, our hosts asked the entrepreneurs about challenges they’ve encountered doing business. Benjamin shared that in terms of export it is difficult to manage orders and ensuring that the buyers are happy. “Your shipment should be on time. Also, you have to be able to show them that the quality and the design of your product is good so that they increase their orders from you. It’s hard but kaya naman,” Benjamin said.

Prompted by Sen. Bam, Benjamin also give advice to his fellow guest on how to delve deeper into the export business. “For me, I first joined CITEM and then I gave my best designs. There will always be a client or buyer from another country. And they will add to your design. Until little by little, they will tell you make your items exclusive to them,” Benjamin said. Benjamin was only 18 when he first had an exhibit with CITEM and was approached by a buyer from Japan  who was impressed by his vigor and work. The client eventually offered an order worth USD1,000. “Number one in export is QUALITY,” Benjamin says and he insists that entrepreneurs should be hands-on with checking of the quality of the products.

Antonio and Remedios agreed with Benjamin. They share that when they source the reclaimed wood they use in making their furniture, they ensure that they check each supply they buy. They also work with trusted suppliers who source wood from places such as old houses. They basically create hardwood furniture for homes.

In closing, the two groups also agreed that joining trade shows and listing up with DTI & CITEM have greatly helped get their business to greater heights. The Manila FAME exhibit allow draws a multitude of opportunities for any business involved in furniture, decor or retail. They highly encourage entrepreneurs looking to expand their horizons and get into export by joining the next Manila FAME in April 2018.

What Jack Ma taught Filipinos about Dreams, Success and the Internet

Thursday, October 26th, 2017
Alibaba Group Founder & Executive Chairman Jack Ma.

Alibaba Group Founder & Executive Chairman Jack Ma.

No entrepreneur from this side of the globe has had as much of an influence in the minds and hearts of the world as Alibaba founder and global business icon, Jack Ma.

After an awarding ceremony by the De La Salle University, wherein Ma received an honorary Doctor of Science degree on Technopreneurship, Ma immediately engaged in a moderated forum with a room full of students and select entrepreneurs from the country.

Charismatic as always, Jack Ma didn’t hold back on imparting sage advice and insights that left many who witnessed the event either live or online, inspired. Ma’s storied journey of fighting tooth and nail for his dream and becoming one of the richest and most influential in the world today is one that every Filipino looks up to.

Growing up in China, Ma shared to the students that, many times in his life, he failed at what he wanted. He failed many times in school, and failed to get into the universities he targeted (he applied and got rejected from Harvard 10 times!), and even got rejected when he applied to work in KFC. He also didn’t know what he wanted to do after college—something a lot of students could resonate with. But Ma deeply encouraged the students to go for their dreams.

Jack Ma shared his insights on Money, Market, and Mentorship during the segment moderated by PA Joey Concepcion.

Jack Ma shared his insights on Money, Market, and Mentorship during the segment moderated by PA Joey Concepcion.

“Be simple. Stay foolish with your dreams, and no matter what, keep running,” Ma said. Many Filipinos today feel as though the dreams they want to achieve are too unrealistic or impossible in the current climate of our society. However, Ma teaches Filipinos that dreams are meant to be shared, not be selfishly pursued—contrary to the Filipino ‘crab mentality.’

“If it is your dream, you can never go that far. But if it’s a group’s dream, you can go much further.”

However, beyond dreaming, Jack Ma insists that one must be willing to put in the work, sacrifice and patience.

“When you have a dream, you have to think of the bad side of the dream very clearly. Think of what you will give up,” Ma said. He added “if you think it’s about three years you need to be successful, prepare for about 10 years. If you think you have about five years to succeed, prepare for 15 years. And if you think you need 10 years, you might succeed in eight years. You should have a long preparation, determination.”

In a world of instant-everything, there is truly one thing people shouldn’t take shortcuts with—working towards their goals. Ma posited that there are truly many different reasons why people succeed, but people fail for many of the same reasons. So, we Filipinos must always becomes students of life. “The priority whether you want to study or work is the same: learning,” Ma said, “A lot of people leave school then go do business. They say Bill Gates succeeded. There is only one Bill Gates. Don’t do that.”

So, what how do we succeed?

Ma believe that it takes a great combination of three quotients— EQ (emotional), IQ (intelligence) and LQ (love). “If you want to be successful, you have to have great EQ. No matter how smart you are, if you never know how to with people you will never succeed.”

However, beyond mere personal matters, Ma also exposed a lot of our societal woes. Ma said that the Philippines’ internet is “no good” and called on both the public and private sector to change this. He insists on this as he sees the internet as the gateway to solving important problems when it comes to access to money in the country—an integral part of poverty alleviation. “Philippines has the opportunity to make the world’s best fintech in the world, because you have so many mobile phones, more than 7,000 islands. We should make Philippines a cashless society. When you have a cashless society, there is no corruption. Life is easier.”

Lastly, Ma wants those who are afraid of technology and the changes it brings, specifically to traditional business owners, to adapt and change. Technology aims to make everything more accessible to everyone, and if traditional business owners don’t keep up, they will risk being left behind. And to those who are already investing in technology, don’t just go into it because it seems important, have a reason behind it. After all, in the words of Ma, “Its not the technology that changes the world, its the dream behind technology that does”

JAC Meets Jack

Thursday, October 26th, 2017
Jack Ma shared his insights on Money, Market, and Mentorship during the segment moderated by PA Joey Concepcion.

Jack Ma shared his insights on Money, Market, and Mentorship during the segment moderated by PA Joey Concepcion.

While the ASEAN Business and Advisory Council is preparing for the ASEAN Business and Investment Summit 2017, I had the wonderful opportunity of engaging with the Chinese business magnate and Alibaba Group Founder and Executive Chairman, Jack Ma, yesterday, October 24, 2017 at the De La Salle University.

To those who are wondering why the title of today’s column is like that, I would like to share that JAC is the acronym of my name, Joey A. Concepcion.

Going back, I was fortunate to share a few moments with him as I welcomed him to my former school, and as I became the moderator of the segment we had during the program of the university. I was intently preparing this event as it was usually I who do the talking and not the moderating.

In front of students and guests, Jack Ma was also bestowed with a Doctor of Science in Technopreneurship, Honoris Causa.

Like many other entrepreneurs, Dr. Jack Ma’s entrepreneurial journey is a mix of both successes and challenges. He has been open about his humble beginnings including how he got rejected in job applications in fast-food chains and well-known university, Harvard.

Launched in 1999, Dr. Jack Ma’s Alibaba Group (Alibaba.com) is a one-stop sourcing platform bringing products in over 40 different major categories such as consumer electronics, machinery, and apparel. It is now leading in global wholesale trade serving millions of buyers and suppliers around the world. Its mission is to make business easy to do anywhere by giving the suppliers necessary tools to reach a global audience for their products and helping buyers find products and suppliers in the fastest way possible.

Concepcion Family together with Dr. Jack Ma of Alibaba Group. (From L-R) Catherine, Marissa, Isabella, Jack Ma, Joey, Margarita, Olivia and Christian.

Concepcion Family together with Dr. Jack Ma of Alibaba Group. (From L-R) Catherine, Marissa, Isabella, Jack Ma, Joey, Margarita, Olivia and Christian.

Prior to having him in the program, we had a private talk during which I shared with him our 3Ms of Entrepreneurship to which I can say he agreed well on its importance and the assistance it can provide to our MSMEs. He believes in this framework of Market, Money, and Mentorship because it is what they are doing. In fact, they will soon launch a mentorship program and has the possibility of partnering with us. For money, they have provided solution through Alipay, an online payment solution. And of course, their strength which is e-commerce.

When I asked him on how brick and mortar businesses can survive, he shared that the business-to-business model has to shift to the consumer-to-business format. Indicating that the internet will allow consumers to dictate what products they want and to get them faster.

He advised traditional businessmen, “Please change quickly. It’s not the competitor who is killing you. It’s the future. Don’t be scared of technology. – When you refuse to use technology, it’s like you’re refusing to use electricity.”

He also clarified that Alibaba is not an e-commerce company, but an e-commerce enabler since e-commerce makes up just about 20% of their business.

In the event, Dr. Jack Ma said that, “It’s not technology that changed the world. It’s the dream behind technology that changed the world.” I admire Dr. Jack Ma’s philosophy that the power of technology lays not on the technology itself. It is true. Technology changed because of the imagination, talent, and vision of people in achieving technological advancement.

As we are entering a third technology revolution, Dr. Jack emphasized that companies should make full use of the internet to win in the coming years. He even went further and said that in the future, there will only be “Made in the Internet.”

He also said that if something does not work anymore, do not believe that you are always right. Work with the people who will believe in your crazy dream but find the courage to change all the time. He said that no matter how smart one is, if he doesn’t know how to work with people, he won’t succeed.

Dr. Jack Ma believes that infrastructure for small business in the Philippines is important. The banking system should also be able to work for and benefit of the people, even suggesting that a cashless system will be helpful in making transactions easier and better in an archipelago such as ours.

In a way, I see myself in Dr. Jack Ma, such that all my life, my passion is to solve poverty. We both think that as entrepreneurs, we have a duty to enable people to get an access to money and market. And of course, mentorship through the inspirational talks and direct mentorship of mentor-entrepreneurs like him.

With the vigor and passion that Dr. Jack Ma has for entrepreneurship, I hope that Filipino entrepreneurs will remain persistent and go further towards prosperity.

Jack Ma and Joey Concepcion One-on-One in DLSU Event!

Tuesday, October 24th, 2017

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On October 25, 2017, Alibaba Group Founder/Executive Chairman and global business icon Jack Ma will sit down with Presidential Adviser for Entrepreneurship and ASEAN Business Advisory Council Chair Joey Concepcion during a momentous event organized by the De La Salle University (DLSU) called Jack Ma: Conversation with Students. Concepcion will have a one-on-one session with Ma on technopreneurship and the digital economy. Ma will be giving a once-in-a-lifetime lecture to the exclusive audience of students, entrepreneurs, media, and professionals. Alibaba was founded in 1999 and is currently the world’s largest and most valuable retailer. A former English teacher, Ma today was amongst Fortune’s “World’s 50 Greatest Leaders” and has diversified his ventures into entertainment and publishing.

Catch the LIVESTREAM at the following social media accounts:
Go Negosyo: fb.com/GoNegosyoOfficial
DLSU: live.dlsu.edu.ph
Rappler: www.rappler.com

Former Factory-Worker Turned Billionaire Named Entrepreneur of the Year

Saturday, October 21st, 2017

Natividad Cheng, the Chairman and Chief Executive Officer of Uratex, was named the Entrepreneur of the Year Philippines 2017 by the SGV Foundation, Inc. and will go on to represent the country in the World Entrepreneur of the Year awards in Monte Carlo, Monaco next year.

Ms. Cheng’s journey to becoming the prolific provider of quality yet affordable foam mattresses in the country spans five decades of determination and avid dedication to improvement. Considered today to be the most dominant in their market, Ms. Cheng started out as a hardworking factory worker who, along with her husband, shared the dream of rising out of poverty.

In photo (L-R): Cesar Emilio Virata, Natividad Cheng, Presidential Adviser for Entrepreneurship & Go Negosyo Founder Joey Concepcion and Carlitos Cruz.

In photo (L-R): Cesar Emilio Virata, Natividad Cheng, Presidential Adviser for Entrepreneurship & Go Negosyo Founder Joey Concepcion and Carlitos Cruz.

In the Go Negosyo 50 Entrepreneur’s of Passion, Ms. Cheng shared that in the early days, her and her husband had to sleep on the floor of their studio apartment. “We had to borrow money several times. I pawned jewelry given to me as wedding gifts to generate working capital. We could not borrow because we did not have any assets we can put up as collateral,” Cheng said.

Despite difficulties, the Chengs were able to turn their early business into a profitable one by practicing frugality. However, tragedy struck when a fire completely ravished their factory and supplies. The Chengs were able to bounce back from this mishap. They introduced a new type of foam with better quality in terms of comfort and durability.

The Chengs continued to improve on their products and systems by applying the best and newest techniques in production and constantly knowing the pulse of the market. This tradition of excellence has propelled Uratex to becoming a leading supplier worldwide of industrial foam, mattresses, food containers, textiles, monoblock furniture and automotive original equipment parts. They currently export to countries like Guam, Australia and Asia.

The key to staying on top of the game for Uratex is combining innovation with excellence. The company invests a lot on research and development and acquire the latest machineries in order to continue to produce the best quality products. The company also works on achieving the best certification for their products in order to get them to a bigger market. As of writing, Uratex is officially endorsed by the Philippine Orthopedic Association, certified by Cert-PUR, and owns the only complete certified foam testing lab in the Philippines.

Natividad “Naty” Cheng wishes to impart to other entrepreneurs, especially the young ones, to exercise the old time value of patience. In a world where everything is instant or automated, Naty wisely imparted that “technology changes, character remains. Buildings can burn down, money can be stolen; but character will help you rebuild and regenerate.”

On to ASEAN 100: Perspectives of The World Today and Beyond

Friday, October 20th, 2017

Onto ASEAN 100
Halfway through a century, state and business leaders are set to examine the region’s business outlook and investment opportunities at the ASEAN Business and Investment Summit 2017.

This year’s business and investments summit is a significant gathering for the ASEAN community where it can evaluate its performance as a regional bloc and assess the key investment areas with the global audience in the 2-day summit to be held in Manila.

With vital changes occurring in the region, ASEAN’s 50th year serves as a milestone to look at what lies ahead for the ASEAN and the world.

Notably, the ASEAN Economic Community (AEC) has a combined gross domestic product of $2.4 trillion, currently the third fastest growing major Asian economy after China and India.

In 2015, ASEAN’s total trade amounted to US$2.3 trillion, which accounts  for 7.6% share of the world’s total trade, placing fourth after China with 13.8%, USA with 13.6% and Germany with 8.0%.

While the intra-ASEAN investment remained stable accounting for 18.4% of ASEAN net foreign direct investment inflows compared to 17.0% in 2014, FDI inflows in ASEAN declined by 7% from US$130 billion in 2014 to US$121 billion in 2015.

What makes for these changes and developments? How does the democratization of processes and liberalization of economies influenced the growth of urban areas in the region? How can the region have a sustainable and inclusive influx of investments?

ABIS hopes to address these questions in the first forum,  ‘On to ASEAN 100: Perspectives of The World Today and Beyond’  which will be comprised of multilateral leaders, former heads of governments and states, scholars, investors, and citizens who will share their outlook on ASEAN’s position for growth and leadership.

In retrospect, the region has had experienced a fair share of both challenges and triumphs since its foundation and decades after the aftermath of the Asian Financial Crisis, the ASEAN remains as a cohesive region collectively seeking to address the economic problems and sociopolitical issues it faces.

The long-standing mission of member-states to achieve regional integration and connectivity evidences the creation of a roadmap towards prosperity for all.

ASEAN’s position as the hub of the East Asian region is supported by efforts to deepen and widen regional connectivity. Analysts suggest that broader connectivity with its global partners can strengthen ASEAN’s expanding reach in the long-run.

This forum is anchored on the ASEAN Master Plan which boldly envisions  securing a connected ASEAN, through an enhanced physical infrastructure development or physical connectivity, by effective institutional arrangements or institutional connectivity and via empowered people or people-to-people connectivity. This three-fold agenda requires not only the development of new strategies and institutions, but also investment in more effective implementation of existing and future initiatives.

ABIS  2017 is  the biggest and most prestigious business event in ASEAN  set to be a two-day conference presented by the ASEAN Business Advisory Council which will bring attention to the business, investment opportunities, global issues, and key strategic directions that impact on business opportunities for ASEAN member nations today.

To join ABIS 2017, register now at www.abis2017.com