Archive for the ‘ASEAN’ Category

ASEAN BUSINESS AWARDS 2017 REGIONAL DELIBERATIONS CONCLUDED

Thursday, August 17th, 2017
ASEAN Business Advisory Council Chair Joey Concepcion together with the ASEAN Business Awards team led by ABA Chair Jopin Romero with them are the ABA official judges.

ASEAN Business Advisory Council Chair Joey Concepcion together with the ASEAN Business Awards team led by ABA Chair Jopin Romero with them are the official judges of ABA.

MAKATI: August 15, 2017—The ASEAN Business Advisory Council recently concluded its hosting of the regional deliberations for the ASEAN Business Awards at the Dusit Thani Hotel. The judges coursed through 224 applications from across the ASEAN region to come up with the final list of 16 winners in the categories of SME Excellence Awards (Growth, CSR, Innovation and Employment), Priority Integration Sectors Excellence Awards (Fisheries, Electronics, E-ASEAN ICT, Textiles, Logistics, Wood-based, Rubber, Agri-food, Healthcare, Tourism, Automotive, and Retail), Special Awards (Eco Green, Friends of Asean), Women Entrepreneur Award, Young Entrepreneur Award, and the two new categories of Legacy and Inclusive Business.

The official judges committee were composed of business leaders and enablers in their respective home countries. They esteemed judges are Soon Loo (CEO, Brunei Economic Development Board), Kuy Vat (CEO, VTRUST Group), Dr. Agus Purwadianto (Professor Universitas Indonesia), Phosy Chanming, Assoc. Prof., Ph.D (Deputy Director of Research and Academic Service Office, National University of Laos), Prof. Datuk Marimuthu (President, Federation of Malaysian Consumers Association), Dr. Aung Thura (Executive Committee Member and Secretary, UMFCCI; Founder & CEO, Thura Swiss), Tay Woon Teck (Managing Director, Risk Advisory, RSM), Dr. Suthad Setboonsarng (Independent Director), Dr. Pham Thi Thu Hang (Secretary General, Vietnam Chamber of Commerce and Industry), and the Philippines Committee Chair Marife Zamora (Chairperson, Convergys, Philippines; President, MAP).

The decided upon winners of the prestigious ASEAN Business Awards will officially be awarded on September 6, 2017 at the Solaire Casino and Resort which will be attended by President Rodrigo Roa Duterte, other top government officials and the ASEAN Economic Ministers.

###

ABA Cover photo footer

The ASEAN Business Awards (ABA) aims to recognize the outstanding ASEAN enterprises in the region. It brings to the spotlight businesses that have contributed in the growth and prosperity of the ASEAN economy and have the potential to become global economic players in their respective industries.

The ASEAN Business Awards 2017 will be on September 6, 2017!

Visit our official website here: https://www.aba2017.com/

ASEAN now likely 6th Largest Economy in the World

Monday, August 14th, 2017
Philippine Ambassador to Malaysia Charles Jose, Tan Sri Dr. Mohd Munir Majid, Sec. Ramon Lopez, Malaysia Minister of International Trade and Industry, YB Dato’ Sri Mustapa Mohamed, and ASEAN BAC Chair Joey Concepcion.

Philippine Ambassador to Malaysia Charles Jose, Tan Sri Dr. Mohd Munir Majid, Sec. Ramon Lopez, Malaysia Minister of International Trade and Industry, YB Dato’ Sri Mustapa Mohamed, and ASEAN BAC Chair Joey Concepcion.

KUALA LUMPUR, Aug 4 — Presidential Adviser for Entrepreneurship and current ASEAN Business Advisory Council Chair Joey Concepcion attended the recently held ASEAN@50 Conference in Malaysia. The Department of Trade and Industry Secretary Ramon Lopez was also at the event wherein he gave the Keynote Address. The event was followed by the ASEAN Commemorative Dinner & Achievement Awards where Malaysian Prime Minister Datuk Seri Najib Razak was in attendance.

***

Recent estimates suggest that Asean is now the sixth largest economy globally, as opposed to the seventh between 1975 and 2016, says the Prime Minster.

Najib said this rise in position also indicates Malaysia’s resilience in a challenging global environment.

“The Malaysian economy too has demonstrated its strength in recent years. The World Bank, the International Monetary Fund and the Organisation for Economic Cooperation and Development have issued reports commending the government’s sound macroeconomic management and success in transforming the economy into one that is well-diversified and inclusive,” he said in his keynote speech at the Asean@50 Commemorative Dinner and Achievement Awards, here today.

The event was hosted by the Asean Business Advisory Council (Asean-BAC) Malaysia, and Najib was accompanied by his wife, Datin Seri Rosmah Mansor, as well as International Trade and Industry Minister, Datuk Seri Mustapa Mohamed.

Najib said between 2009 and 2016, Malaysia’s Gross National Income increased by nearly 50 per cent and 2.26 million jobs were created.

“Malaysia’s inflation and unemployment have been kept low and we have secured record levels of Foreign Direct Investments, when opponents keep trying to scare people, that Malaysia is going bankrupt,” he added.

According to Najib, businesses would not be investing in Malaysia, if they felt that way, citing Hong Kong and Shanghai Banking Corporation investing over RM1 billion to build its future regional headquarters at the Tun Razak Exchange.

This is alongside Saudi Aramco investing US$7 billion for a 50 per cent stake in Petronas’ Refinery and Petrochemical Integrated Development in Johor, he said.

He said in addition, jobs had been created, wages lifted and skills transferred, which was good for investors and for Malaysians.

“We had a plan and that plan has delivered, and continues to deliver,” Najib added.

The dinner brought together 600 guests, not just from Malaysia, but from the Asean region and beyond. —ASEAN-BAC Malaysia

###

ASEAN BAC Chair Joey Concepcion joined a forum with Donald Kanak (Eastspring Investments), Masakuni Nakayama (Marubeni Corporation), Dr. Nikolai Dobberstein (A.T. Kearney), and Thaweelap Rittapirom (Bangkok Bank). The forum was moderated by Dr. Mohd Munir.

ASEAN BAC Chair Joey Concepcion joined a forum with Donald Kanak (Eastspring Investments), Masakuni Nakayama (Marubeni Corporation), Dr. Nikolai Dobberstein (A.T. Kearney), and Thaweelap Rittapirom (Bangkok Bank). The forum was moderated by Dr. Mohd Munir.

ASEAN BAC Chair Joey Concepcion, Trade Secretary Ramon Lopez, Tan Sri Dr. Mohd Munir Majid, ASEAN BAC Malaysia Dr. Ramesh Kodammal, and ASEAN BAC Malaysia Datuk Farid Alias.

ASEAN BAC Chair Joey Concepcion, Trade Secretary Ramon Lopez, Tan Sri Dr. Mohd Munir Majid, ASEAN BAC Malaysia Dr. Ramesh Kodammal, and ASEAN BAC Malaysia Datuk Farid Alias.

ASEAN 50 CELEBRATION GATHERS 1,700 VIPS IN MANILA

Monday, August 7th, 2017
ASEAN 50 ad for website

Schedule of the Grand Celebration of ASEAN’s 50th Anniversary on August 2, 2017 – August 8, 2017.

The Philippines will be holding the Grand Celebration of ASEAN’s 50th Anniversary on August 2, 2017 – August 8, 2017.  An estimated 1,700 VIPs will flock to Manila for the nationwide celebration. Aside from the plethora of festivities, important meeting will take place such as the 50th Asean Foreign Minister’s Meetings, the 18th Asean Plus Three Foreign Ministers’ Meeting (with Japan, China and Korea), the 7th East Asia and Summit Foreign Minster’s Meeting, and the 24th Asean Regional Forum.

The celebration of five decades of regional partnership is of monumental importance to the Philippines, the current chair of the ASEAN. For it’s third run as the chair, the country has taken on the theme of “Partnering for Change, Engaging the World”—seeking to further build the Asean’s internal linkages to each other as member states whilst bolstering their presence in the global arena.

Thus, the ASEAN 50 Celebration, hosted by the Department of Foreign Affairs, will seek to solidify the relationships within the ASEAN and its many partner states. Foreign Affairs Secretary Alan Peter Cayetano will lead 27 foreign ministers, including the US Secretary of State Rex Tillerson, in discussions tackling pertinent issues in foreign affairs. As a culmination of the celebration and meetings, August 8 will be packed with activities such as the Closing Ceremony of the 50th Asean Foreign Minsters’ Meeting and Related Meetings; Tribute to the Founding Fathers of ASEAN; Recognition of the ASEAN Special Awardees; and the Keynote Message of President Rodrigo Roa Duterte, in the Philippine International Convention Center (PICC) in Pasay City.

Following the morning activities, the ASEAN Landmark Lighting Activity will take place at 3:00 PM at the Cultural Center of the Philippines (CCP) Complex; the Blowing of Horns will take place at the Manila Bay and other selected areas; and the ASEAN Day Ground Parade which will depart from Luneta and arrive at the CCP Complex. A Nationwide Landmark Lighting will also take place in selected local government units in the Philippines and an ASEAN Pop Concert will be held in the Bonifacio Global City, High Street in Taguig City.


AYEC Web Article

The ASEAN Young Entrepreneurs Carnival is the annual flagship event for the ASEAN Young Entrepreneurs Council (AYEC) following the ASEAN chairmanship rotation as adopted in the official meeting held in Malaysia in 2015. With the goal of uniting the young entrepreneurs in the region, the AYEC has been organized by the ASEAN Business Advisory Council (ASEAN BAC) through its Young Entrepreneurs Working Group (YE WG). The AYEC is a 30-member council from national organizations from the ASEAN community. The Philippine Young Entrepreneurs Association (PYEA) is the official representative of the Philippines to AYEC and now the chair of the council and host of the Carnival.

Join this year’s ASEAN Young Entrepreneurs Carnival! Deadline of Application is on August 15, 2017. For more information about the ASEAN Young Entrepreneurs Carnival 2017, please visit www.ayecmanila2017.com

To register, please accomplish the online form here: http://tinyurl.com/AYECcarnival2017

ASEAN-BAC SPOTLIGHTS YOUNG ENTREPRENEURS IN THREE DAY CARNIVAL

Friday, August 4th, 2017
The 2nd ASEAN Young Entrepreneurs Carnival

The 2nd ASEAN Young Entrepreneurs Carnival

Continuing its efforts to enhance market connectivity between the ASEAN region’s young entrepreneurs, the ASEAN Young Entrepreneurs Council, an offshoot from the ASEAN Business Advisory Council, launches the ASEAN Young Entrepreneurs Carnival, it’s flagship event on September 5-7,2017 at the PICC Plenary Hall.

The Carnival is a celebration of ideas and the role of the young in creating a better future. The three-day event on September will coincide with the largest event of the ASEAN Business Council—the ASEAN Business and Investments Summit. The event will play host to the official AYEC meetings and related meetings, networking functions, MOU signing with dialogue partners, side forums such as the 9th ASEAN-China YE Summit, ASEAN-Australia YE dialogue, ASEAN-India YE dialogue, cultural and social enterprise exposure tours, awards night and ASEAN YE Cultural Fellowship Night. The carnival will also host pitching competitions, ethical hackathons and business exhibition.

The Philippine Young Entrepreneurs Association will be the chair of all official meetings of the AYEC and the ASEAN-China Young Entrepreneurs Association (ACYEA), and AYEA formation meetings during the the 3-day hosting.

As the official event of ASEAN for the young entrepreneurs, the carnival will highlight the Young Entrepreneurs in Technology, ASEAN, Leadership, Entrepreneurship, Networking, and Tomorrow (T.A.L.E.N.T.).

As a platform for the business owners, students, aspiring entrepreneurs, startups, and other stake holders, the event will give the delegates an avenue to connect, interact, build relationships and network with regional linkages. The program agenda will include plenary talks by keynote speakers, interactive panels and workshops, symposium, awards and networking. The sessions will also help the delegates to be tapped in the challenges of entrepreneurship in the basic pillars such as access to finance, market, leadership, technology and networking through a pre-carnival survey.

To register, please accomplish the online form here: http://tinyurl.com/AYECcarnival2017

7Ms Broached in ASEAN 2017 MSME Development Summit

Wednesday, July 19th, 2017
ASEAN 2017 MSME Development Summit Keynote Forum: Promoting MSMEs for ASEAN Prosperity. In photo (L-R): Anthony Pangilinan (moderator), ASEAN BAC Chair Joey Concepcion, Datuk (Dr.) Hafsah Hashim (CEO, SME Corporation Malaysia), Sen. Migz Zubiri, Kurt Wee (President, Association of Small & Medium Enterprises Singapore) and Bangko Sentral ng Pilipinas Governor Nestor Espenilla, Jr.

ASEAN 2017 MSME Development Summit Keynote Forum: Promoting MSMEs for ASEAN Prosperity. In photo (L-R): Anthony Pangilinan (moderator), ASEAN BAC Chair Joey Concepcion, Datuk (Dr.) Hafsah Hashim (CEO, SME Corporation Malaysia), Sen. Migz Zubiri, Kurt Wee (President, Association of Small & Medium Enterprises Singapore) and Bangko Sentral ng Pilipinas Governor Nestor Espenilla, Jr.

As the Philippines steers ASEAN this year, a seven-point strategy designed by DTI to empower MSMEs in 7 Ms is being adopted: Mindset, Mastery, Mentoring, Markets, Money, Machines, and Models. Each point was explored in separate panel discussions during the ASEAN 2017 MSME Development Summit with the theme, “The 7Ms Towards Shared Prosperity in ASEAN”. This was held last July 14, 2017 at the Philippine International Convention Center (PICC).

At the core of the ASEAN Economic Community (AEC) agenda are MSMEs, mainly because of its number. In the Philippines, 99.5% of establishments as of 2015 are micro, small, and medium enterprises (MSMEs). For the ASEAN region, MSMEs account for 95-99% of existing business establishments. With MSMEs being the majority, the Philippine government, in the figure of DTI, is convinced that in order to achieve prosperity for all, the “bottom of the pyramid” as DTI Sec. Ramon Lopez described it in his keynote address, should be reached and empowered. During the Keynote Forum in the Summit, ASEAN BAC Chair and Presidential Adviser for Entrepreneurship Joey Concepcion expressed that “the pathway of DTI’s 7Ms is the right approach.”

Department of Trade and Industry Secretary & ASEAN Economic Ministers Chair Ramon Lopez delivers keynote message.

Department of Trade and Industry Secretary & ASEAN Economic Ministers Chair Ramon Lopez delivers keynote message.

ASEAN Business Advisory Council (ASEAN BAC) Chair Joey Concepcion.

ASEAN Business Advisory Council (ASEAN BAC) Chair Joey Concepcion.

Session M1 had Mindset as its banner with the topic, “Promoting MSME Development Mindset.” Coming from the idea that mindset change is the starting point for building the right entrepreneurial attitude, the panelists discussed the extent of government efforts, the need to challenge the status quo, some key attitudes for success, and the use of social dialogue in changing mindsets.

In Session M2 & M3 which was on Mastery and Mentoring, the panel touched on the ASEAN Business Advisory Council’s mentoring initiative under the Philippine Chairmanship called the ASEAN Mentorship for Entrepreneurs Network or AMEN. Mr. Francisco “Dean Pax” Lapid, who also served as one of the panelists presented a synthesis of his PhD Research about “Teaching Entrepreneurship with Purpose” which is aligned with the 2Ms of the session. The value of self-mastery along with learning and working together were also highlighted.

Session M4 on Accessing Domestic and Regional Markets tackled how MSMEs can access markets through ecommerce, brand establishment, partnering with large enterprises to reach the mainstream market, and some other existing initiatives such as Trade Fairs.

Session M5 was about Overcoming Money Hurdles, which panelists recognize as the biggest challenge in starting and sustaining a business. This session covered alternative sources of financing.

To complete the discussion on the 7Ms, Session M6 & M7: covered Machines and Proactive Business Models Toward Productive and Responsive MSMEs. The value of collaborating small and large enterprises was brought up in the discussion. The role of internet, technology, and franchising in the development of MSMEs also came to light. At the end of the day, it’s not entirely about what is being used, but also relevant is how these innovations are being used for the benefit of MSMEs.

After the sessions on the 7Ms, Dr. Cielito Habito, Chief of Party of the USAID TRADE Project, delivered a synthesis of the outputs from the other sessions including an action plan for the holistic development of MSMEs in the Philippines and in the ASEAN region.

“The future of MSMEs is the future of ASEAN,” said H.E. Winichai Chaemchaeng, Thailand’s Vice Minister of Commerce. This is why so much is being invested as we aim for Prosperity for All.

Dr. Cielito Habito, Chief of Party, USAID Trade-Related Assistance for Development (TRADE) Project.

Dr. Cielito Habito, Chief of Party, USAID Trade-Related Assistance for Development (TRADE) Project.

ABA Awardees Share Valuable Takeaways as Scholars to AGLP

Monday, July 17th, 2017

photo1
The ASEAN Global Leadership Program (AGLP) 2017, held last May 8 to 12, is designed for senior management of Southeast Asian countries as a crash course on relevant insights on Globalization, Innovation, Entrepreneurship and Leadership. With the theme “Shaping our Future as Leaders of Innovation” 38 senior executives, three of whom were scholars to the program, took part in lectures, exposure trips, and discussions hosted by SRW&Co. and UC Berkeley Haas School of Business. Founder & Managing Director of City Mart Win Win Tint (Myanmar); Director of VG Offshore International Containers Anusia Ramasamy (Malaysia); and Founder & CEO of Zeenoh, Inc. JD Abenaza (Philippines), were the three awardees of the scholarships as recent winners of the 2016 ASEAN Business Awards. The three scholars participated in a moderated panel discussion and shared their experiences and insights as innovators and entrepreneurs in their respective countries.

Abenaza shared that as the only Filipino in the program, he was able to appreciate the business diversity across the ASEAN region. “It gives me a lot of insights on how to think globally and thrive at the ASEAN level.”

Abenaza also elaborated on the highlights of the program— “We were fortunate to have a distinguished faculty from UC Berkeley’s Haas School of Business led us deep into innovation’s key drivers namely, experimentation, global and local trends, customer centric product and service design, collaboration, and culture.” He reflected that the program allowed him to have an overview on the new trends and technology happening in the world. “It gives me more ideas. When I go back home I can enable all the businesses that I started in terms of research and development. I have a clearer idea of the innovative technologies that I will pursue.”

photo3
photo2

Ramasamy on the other hand felt that the program came at the right time for her and her organization. “Why I say it came at the right time is because the industry I am in is in a crisis right now.” Ramasamy shared that at a lecture in the program, one of the directors told them not to wait to do things out of desperation, but to do them out of aspiration. “At the moment in my organization, we are doing things out of desperation — we wanna do something new, do something great. That lesson was an eye-opener for me because it made me look and think ‘is this the right thing to do for our organization? Are we putting our people into the right direction?’”

Tint was enthusiastic about how the program was located in Silicon Valley, which she sees as the center of innovation in the world. “Seeing how fast innovations are happening and trends are changing — the knowledge and insights have given me a good sense of urgency that I will be bringing home with me. This is an unforgettable week for us.”

Overall, Abeneza says that he highly recommends the program as it will help one to become a world class and competitive business leader. Ramasamy also encourages others to join in. “Every individual who is running an organization—whether the CEO or an engineer—should be sent to such programs to open their minds, to look at a different perspective, and to look at what’s happening in the world.” Tint emphasized how value-adding the program is to business leaders. “We really see what’s happening out here in Silicon Valley and how it’s going to impact us in the near future. Senior leadership in companies need to know about these things to bring the needed change for their company.”


ABA 2017 Footer 600x106
Since its establishment by ASEAN Leaders in 2003, the ASEAN Business Advisory Council (ASEAN-BAC) has been active in promoting public-private sector partnership and consultation to assist the integration of an ASEAN Economic Community (AEC) by 2017. In its efforts to bridge ASEAN Governments with its private sectors, the Council launched the ASEAN Business Awards (ABA) in 2007 to give recognition to enterprises that have contributed to the growth and prosperity of the ASEAN economy.

Join this year’s ASEAN Business Awards! Application Period: March 15 – July 30, 2017.  For more information about the ASEAN Business Awards 2017, please visit  www.aba2017.com

Henry Lim Bon Liong’s Hybrid Rice Venture Won Him an ASEAN Business Award

Friday, July 14th, 2017

When I first ventured into the rice business, I did not even know how much a kilo of rice costs. Now SL Agritech is the largest in the industry.” Henry Lim Bon Liong

Henry Lim Bon Liong is a venerated business icon whose success came from his own hard work and relentless entrepreneurial spirit. The head of the Sterling Group of companies, Lim Bon Liong’s key leadership and decision-making has led the group to secure its place as a market leader in their diversified ventures. Most recently, the group’s venture into agriculture has won the praise of local and international institutions, with the Manila Standard even hailing him as the “Bill Gates of hybrid rice”.

Henry Lim Bon Liong won the ASEAN Priority Sector Excellence Awards for Agriculture in 2015 for the performance of his company SL Agritech.

Henry Lim Bon Liong won the ASEAN Priority Sector Excellence Awards for Agriculture in 2015 for the performance of his company SL Agritech.

Lim Bon Liong was featured in Go Negosyo’s 10th year anniversary publication of Joey Concepcion’s 50 Inspiring Entrepreneurial Stories. In it, Henry Lim Bon Liong his untimely assumption of his father’s role at the helm of the company due to an unfortunate accident. At a young age, Lim Bon Liong was able to lead the once humble book store and photo business, into a thriving paper and notebooks manufacturer.

Lim Bon Liong shared that the company was able to stay ahead of their competition due to the quality and originality of their designs. Went most of their competitors focused on what was trendy, their company decided to invest in great design. This eventually led Sterling Paper products to be exported abroad.

However, it wasn’t Lim Bon Liong’s Sterling Paper or even his next venture, SL Properties, that led him to be one of the most talked about billionaires in the country. In 2000, Lim Bon Liong was inspired to launch SL Agritech in a bid to make the Philippines self-sufficient through hybrid rice, which he first learned about from China. SL Agritech was an ambitious project — one that required much research and resources from the Sterling Group with a high chance of not getting any returns for a long period of time. However, it was a risk that paid well eventually as SL Agritech eventually hit its winning rice variety — the SL-8H. This variety of rice is able to produce four times the national average of 3.3 metric tons per hectare at a whopping 14 metric tons per hectare.

From his interview in the Manila Standard, Lim Bon Liong shares about the struggles of SL Agritech is paving the way for the Philippines to become self-sufficient and eventually, a net exported in the coming years. “It was never easy, how we got we are now. Especially, when we ventured into agriculture. Money was not the only thing invested. Pain, frustration and hardships were on the top of the list. But basically frustration. When I bought the 40-hectare property in Laguna for the needed research facility, I almost backed out. P100-million [investment] for a 40-hectare land, that was really too much that time. But I bit the bullet,” said Lim.


ABA 2017 Footer 600x106
Since its establishment by ASEAN Leaders in 2003, the ASEAN Business Advisory Council (ASEAN-BAC) has been active in promoting public-private sector partnership and consultation to assist the integration of an ASEAN Economic Community (AEC) by 2017. In its efforts to bridge ASEAN Governments with its private sectors, the Council launched the ASEAN Business Awards (ABA) in 2007 to give recognition to enterprises that have contributed to the growth and prosperity of the ASEAN economy.

Join this year’s ASEAN Business Awards! Application Period: March 15 – July 20, 2017.  For more information about the ASEAN Business Awards 2017, please visit  www.aba2017.com

 

ASEAN 2017 Dialogues: Business Beyond Borders

Friday, July 14th, 2017

19575081_334707850296963_8572194943817457751_o
photo1

For the second installment of the ASEAN Dialogues’ three-part forum and live webinar, the focus was on the region’s Economic pillar.

Mr. Gil Gonzales, Executive Director of the ASEAN Business Advisory Council led the discussion on MSMEs together with Ms. Sherill Quintana, Founder and President of Oryspa Solutions Inc. To talk about Start-ups and Innovation, they were joined by Atty. Kristine Alcantara, Policy Consultant and Program Director of the Startup Ecosystem Development Program and Mr. Jose Avelino Flores, Co-founder and President of Plug and Play Technology Center. Dr. Neil Adrian Cabiles and Ms. Katrina Luna Abelarde also let us through the ins and outs of Trade and Investment.

ASEAN Business Advisory Council (ASEAN BAC) Executive Director Gil Gonzales.

ASEAN Business Advisory Council (ASEAN BAC) Executive Director Gil Gonzales.

Before dwelling on MSMEs, ASEAN BAC Executive Director Mr. Gil Gonzales gave a brief background about the council and how the Philippines is taking the lead this year. The ASEAN BAC exists to give advice and policy recommendations but Gonzales shared how the council now goes beyond that with what he called the “Legacy Projects” or projects that would be sustained even after the term. One of these is the Roll On Roll Off or RORO which serves the purpose of marine connectivity. With RORO, the usual 3-day travel time could be cut off to 4 hours. The next project aims to connect Batangas to China and Vietnam, which is part of the blueprint for the 2025 Vision.

“Partnering for Change, Prosperity for All” – As he highlighted this year’s theme in the council, Gonzales shared, “Prosperity for all comes at a very opportune time. This inward thinking or protection is coming back again and being revived; simply because over the years, globalization has not been inclusive. It has not touched the lives of the ordinary people.” Efforts are now being made more relevant by focusing on the MSMEs “because they are the base of the economy, they have the most number of enterprises…”

The greatest challenge for MSMEs, as Gonzales recognized, is scaling up. His discussion on how MSMEs could be empowered revolved around three main points. First is identifying the challenges, then engaging with the ASEAN Economic Community or the AEC, and  finally, to push for inclusive growth.

  1. Identifying the Challenges. For the Philippines, our major concerns involve access to finance, markets, innovations, capacity building, and platforms. There have been numerous efforts to address these concerns and one of them is the AEC, which brings us to point number 2.
  2. Engage the ASEAN Economic Community (AEC). At the core of the AEC is the vision to increase trade, investment, and job creation. Gonzales pounded on how AEC helps one gain access to platforms by connecting with peers in the ASEAN. He adds, “If you’re not convinced that AEC is the way to go, then you’re missing a lot of opportunities.”
  3. Encourage Inclusive Growth. “In AEC, the counterpart of the ‘build, build, build,’ is ‘markets, markets, markets’!” he said as he highlighted platforms even more. Aside from the AEC and mentoring initiatives, pushing for inclusive growth through inclusive business models introduce platforms for MSMEs. While encouraging large enterprises to have MSMEs as part of their value chain, Gonzales said, “Inclusive business is not like a CSR… it should make economic sense.” To introduce MSMEs to the market, Gonzales says that such enterprises should be married to large enterprises because that’s where the market is.

Ms. Sherill Quintana, who used to be a micro-entrepreneur in Laguna is now an award-winning entrepreneur who has ventured abroad. But Quintana isn’t taking all the credit for her success; she acknowledges game-changing roles that government initiatives played. Aside from DTI’s assistance, DOST also aided her business by allowing her to loan without interest in order to buy machines for production. DOLE also made a significant contribution to their success by holding training programs for their staff. These are only some of the many programs that are geared towards supporting and building up MSMEs.

Founder and President of Oryspa Solutions Inc. Sherill Quintana.

Founder and President of Oryspa Solutions Inc. Sherill Quintana.

Quintana agrees with Mr. Gil Gonzales on the importance of MSMEs because of its number. She expounded on the impact of these enterprises in employment through what she called the “multiplier effect.” Imagine small enterprises hiring 10 to 100 people, then a thousand small enterprises could employ up to 10,000 Filipinos. Since MSMEs are already in the supply chain, Quintana also echoed the idea that nurturing products of these local enterprises rather than importing would significantly benefit our economy.

As Gonzales highlighted how the AEC helps MSMEs, Quintana shared the value of maximizing existing programs, services, and initiatives of the government and following protocols that aim to guide and set MSMEs up for long term success.

The ASEAN 2017 Dialogues: “Business Beyond Borders” was held last July 11, 2017, 3:00 to 5:30pm at the AIM Building in Legazpi Village, Makati City and aired a live broadcast at ASEAN 2017’s official Facebook page. The next installment will be on July 31, 2017 with the theme, “ASEAN Identity.”

5 Reasons Why You Should Apply for the ASEAN Business Awards

Wednesday, July 5th, 2017
ASEAN Business Awards 2016 held in Laos.

ASEAN Business Awards 2016 held in Laos.

Joining the ASEAN Business Awards (ABA) can make all the difference for large, medium, small and micro enterprises alike. Many of the most recognized businesses and the up and coming ones across the ASEAN are amongst the ABA’s past awardees. Here are five reasons why applying for the ASEAN Business Awards will be worth your while:

1) Exposure
For many awardees, the ABA is the launching pad for greater opportunities for their business. With the ABA’s vast and diverse audience, being amongst the businesses who are widely recognized definitely brings in more interest in one’s business.

2) Validation
Garnering an ABA award validates the hardwork, growth and impact entrepreneurs have poured in into their ventures. Validation leads many entrepreneurs to push forward and expand their businesses into greater heights.

3) Network
The circle of awardees and even finalists for the awards are amongst the best of the best in any country and perhaps, the whole region. Furthermore, receiving an ABA award can earn you the much needed credibility and respect amongst your peers.

4) Knowledge
Learning about ventures and best practices from different ventures across the many industries present in the ASEAN can help one’s business develop as well. Also, the panel process can also allow you to know more about your own business. With that knowledge, one can easily amplify on their business’ strengths and improve on their weaknesses.

5) Going Global
Through the ABA, many businesses interested in expanding their markets beyond their borders can have their starting point. Because the ABA is the biggest business awarding exclusively for the ASEAN, being recognized will mean one’s business is up to par with global standards. Furthermore, being exposed to the ABA’s global community will mean business owners will get insider tips on how to go global and improve their businesses.


ABA 2017 Footer 600x106
Since its establishment by ASEAN Leaders in 2003, the ASEAN Business Advisory Council (ASEAN-BAC) has been active in promoting public-private sector partnership and consultation to assist the integration of an ASEAN Economic Community (AEC) by 2017. In its efforts to bridge ASEAN Governments with its private sectors, the Council launched the ASEAN Business Awards (ABA) in 2007 to give recognition to enterprises that have contributed to the growth and prosperity of the ASEAN economy.

Join this year’s ASEAN Business Awards! Application Period: March 15 – July 20, 2017. For more information about the ASEAN Business Awards 2017, please visit www.aba2017.com

ASEAN 2017 MSME Development Summit: The 7Ms Towards Shared Prosperity in ASEAN

Tuesday, July 4th, 2017

asean-msme-summit2017
The Philippines is now taking the helm in chairing the ASEAN 2017, eleven years after its last Chairmanship in 2006. The year 2017 also marks ASEAN’s 50th anniversary. Bearing the theme “Partnering for Change, Engaging the World,” the country shows its commitment to unite the ASEAN Community for its people with the sense of togetherness and common identity, ready and able to take its rightful place in the global community of nations.

ASEAN 2017will highlight the ASEAN as a model of regionalism and a global player, with the interests of the people at its core. As Chair, the Philippines will champion six (6) priority thematic priorities which encompass political, economic and socio-cultural aspects of the ASEAN. For the ASEAN Economic Community’s (AEC) priority of “inclusive, innovation-led growth,” the Philippines is championing strengthened roles for micro, small and medium enterprises (MSMEs) in the integrated ASEAN regional economy, as it advances the region-wide thrust toward AEC 2025.

MSMEs comprise the bulk of enterprises in ASEAN’s aggregate regional economy, accounting for over 90% of all the domestic firms and 75-90% of the non-agricultural workforce. They are assuming increasing significance in the regional integration process, being active in multiple spheres of economic activity. MSMEs provide the supplier base that underpins the success and productivity of large international corporations and are therefore an essential foundation of their operations. However, their development continues to face difficulties in the form of structural, fiscal, and non-fiscal issues and challenges, including credit availability, proper information dissemination, and standards compliance among others.

In this regard, the Department of Trade and Industry is organizing the ASEAN 2017 MSME Development Summit: The 7Ms Towards Shared Prosperity in ASEAN happening on July 14, 2017 at the Philippine International Convention Center (PICC) in Manila in order to place the MSMEs at the forefront of the regional agenda. The Summit aims to inspire and inform participants, particularly small entrepreneurs, on wider opportunities in the AEC and on government initiatives in support of MSME development.

The ASEAN 2017 MSME Development Summit will serve as a platform in bringing together the MSMEs, private sector, government, and other stakeholders from the ASEAN Member States and consolidate their full engagement and support of initiatives toward asserting MSMEs as driver for inclusive growth within the context of closer regional economic integration fostered by the ASEAN Economic Community.

In advancing the development and strengthening of MSMEs and mainstreaming the MSMEs in the AEC agenda, the Philippine government, through the Department of Trade and Industry, pursues a seven-point strategy summed up in 7Ms. Namely, these are Mindset, Mastery, Mentoring, Markets, Money, Machines, and Models.

With the theme, “The 7Ms Towards Shared Prosperity in ASEAN,” the Summit aims to gather insights from thought leaders and experts addressing the 7Ms that sum up the elements of the approach and framework for enabling and fostering the country’s small enterprises.

The Summit will place the interests of MSMEs at the center of the AEC agenda and putting together the MSME advocates, mentors, enablers and business experts from the ASEAN region who can help develop, handhold, and empower the MSMEs and spread the economic fruits of the AEC dream.

For more information, please call (02) 897-7596 or (02) 751-0384 loc. 2655 or email asean2017MSMESummit@gmail.com