Archive for the ‘ABA 2017’ Category

A Toast to the Future: The 9th ASEAN Business Awards 2017

Monday, December 18th, 2017

Phil Tatler - ABA
SEPTEMBER 6, 2017 / SOLAIRE GRAND CASINO AND RESORT

PHILIPPINE TATLER


The ASEAN Business Advisory Council (ASEAN-BAC) awarded the region’s 47 top entrepreneurs at a gala for the ASEAN Business Awards (ABA) 2017 at the Solaire Grand Casino and Resort. The award casts the spotlight on these promising companies that have the potential to be global economic players.

“The ASEAN-BAC has been instrumental in realising our common aspiration of serving the growth of our people. We also challenge those who have achieved success to embrace the MSMEs,” says President Rodrigo Duterte. 518 delegates from across Asia, including government offi cials, members of the diplomatic corps, Asian business leaders, and notable women, youth, and entrepreneurs graced the event. Among others, winners from the Philippines include Teodoro Ferrer and Jaime Augusto Zobel de Ayala of Erikagen Inc for the Inclusive Business Award; and John Gokongwei Jnr of JG Summit Holdings received the Legacy Award.

View gallery here:

Business honorees as beacons of innovation and change

Wednesday, September 13th, 2017
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President Rodrigo Roa Duterte delivering his speech in the ASEAN Business Awards 2017

President Rodrigo Roa Duterte, in his speech addressing the ASEAN Business Awards audience, emphasized the leading role of ASEAN Enterprises of various sized in the growth and prosperity of the region.

“As chair of the ASEAN in its milestone 50th year, I consider it a privilege to usher in a new age in our regional economy. One that is motivated not by the desire for profit, but by the drive for entrepreneurial spirit of our peoples. To recognize the finalists for their outstanding performance in their respective fields, we also acknowledge outstanding companies that made significant social impact through inclusive business models which enable us to achieve inclusive growth and prosperity for all. For serving as the role models of the ASEAN enterprises you have contributed to the growth and prosperity of the ASEAN Economic Community.”

The President proceeded to rally the call for the honourees present to champion innovation and change for the betterment of all in the ASEAN. Addressing the awardees, President Duterte said that it is now their responsibility to help their fellow entrepreneurs to “do better and achieve more to propel micro entrepreneurs to become small, and the small to become medium, and so on. You are the next breed of role models and I look forward for you to becoming the future mentors.”

Duterte also addressed the other entrepreneurs in the room saying “I also call on entrepreneurs in the region to follow their example and become beacons of innovation and change towards poverty eradication and economic development in your respective countries. Let the accomplishments of our honourees serve as an example for the region the MSMEs are key drivers and contributors to greater employment.”

Lastly, Duterte drives his point home through the call of championing MSME development across the region. “Embrace MSMEs in your supply chains, open up your retail stores, and embrace the small entrepreneurs in the way you do business. We need concrete action if we are to eliminate inequities in the region. That is why it is my fervent hope that all ASEAN Member States would continue to support local businesses through governmental and private endeavours that would make it easier for them grow, flourish, and contribute to the development of our communities and their countries and the entire future.

The fastest way to inclusive growth

Wednesday, September 13th, 2017
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ASEAN Business Advisory Council Chair Joey Concepcion

ASEAN Business Advisory Council Chair and Presidential Adviser for Entrepreneurship Joey Concepcion called on business leaders to embrace the challenge of inclusive growth during the ASEAN Business Awards last September 6, 2017.

In his opening remarks, Concepcion began by thanking and addressing all the attendees of the event which ranged from the industrialists, government executives and diplomats from across the ASEAN. He then proceeds to give recognition to the awardees that were to be honored that night, of whom, Concepcion says, much is expected from.

“And for every award we receive, the recognition has to be put to good use. It is time — and many of you are part of a large business enterprise — that we give back to many of those who are not part of a growing economy. Countless entrepreneurs in the Philippines and many ASEAN countries, belong to the micro and small sector. Secretary Ramon Lopez and myself for the past twelve years have been pursuing the vision of really equalizing and giving every struggling entrepreneur out there a chance to at least, one day, be seated at this table.”

The Council Chair then touched on the value of mentorship in the mission towards prosperity for all, citing his father, Jose Concepcion, Jr, who was given an honorary award that night, as his personal mentor. John Gokongwei was also mentioned in his speech as a prime example of business leadership and the power of mentorship as evidenced by the empire he has built in JG Summit and his children who continue his legacy.

The ASEAN Mentorship for Entrepreneurs Network was also a highlight in the Chair’s speech, stating that “[we want to] build the largest mentorship base that will be able to help us enable every micro entrepreneur not just to become a survival entrepreneur, but to become sustainable and eventually grow. So I call on all awardees today, to face this challenge, and accept this challenge, and embrace many of these entrepreneurs into your own ecosystem. The fastest way towards inclusive growth is to embrace them as part of our supply chain.”

ASEAN Business Awards 2017 the Grandest Celebration to Date

Monday, September 11th, 2017

 

President Rodrigo Duterte and ASEAN-BAC Chair Joey Concepcion conferred honorary awards to the ASEAN Economic Ministers led by DTI Secretary Ramon Lopez along with the present ASEAN-BAC members. (L-R, Front) The Hon. Pehin Dato Lim Jock Seng, H.E. Khemmani Pholsena, H.E. Dato’ Sri Musatapa Mohamed, H.E. Lim Hng Kiang, Director General of Cambodian Ministry of Commerce Sim Sokheng, President Rodrigo Duterte, H.E. Ramon M. Lopez, Director General of Thai Department of Trade Negotiations Boonyarit Kalayanmit, H.E. Kyaw Win, H.E. Enggartiasto Lukita, Vietnam Deputy Minister of Industry & Trade Tran Quoc Khanh. (L-R, Back) Lisa Ibrahim, Oudet Souvannavong, Dr. Munir Majid, Dr. Robert Yap, Sok Piseth, Chair Joey Concepcion, Arin Jira, Moe Kyaw, Annanga Roosdiono, Kith Meng.

President Rodrigo Duterte and ASEAN-BAC Chair Joey Concepcion conferred honorary awards to the ASEAN Economic Ministers led by DTI Secretary Ramon Lopez along with the present ASEAN-BAC members. (L-R, Front) The Hon. Pehin Dato Lim Jock Seng, H.E. Khemmani Pholsena, H.E. Dato’ Sri Musatapa Mohamed, H.E. Lim Hng Kiang, Director General of Cambodian Ministry of Commerce Sim Sokheng, President Rodrigo Duterte, H.E. Ramon M. Lopez, Director General of Thai Department of Trade Negotiations Boonyarit Kalayanmit, H.E. Kyaw Win, H.E. Enggartiasto Lukita, Vietnam Deputy Minister of Industry & Trade Tran Quoc Khanh. (L-R, Back) Lisa Ibrahim, Oudet Souvannavong, Dr. Munir Majid, Dr. Robert Yap, Sok Piseth, Chair Joey Concepcion, Arin Jira, Moe Kyaw, Annanga Roosdiono, Kith Meng.

MANILA: September 6, 2017—47 awardees were unveiled by the ASEAN Business Advisory Council (ASEAN-BAC), led by its current Chair Joey Concepcion, in the grandest celebration yet in its 10th year history at the Solaire Grand Casino and Resort. The finalists will also be given the chance to become scholars in the ASEAN Global Leadership Program next year.

“Today, we honor top entrepreneurs—many of whom started small. And today, we honor legacy awardees, many of whom we have all looked up to. For every awardee, this recognition must be put into good use. I call on the awardees today to embrace the micro and small entrepreneurs into your value chains.” said Chair Concepcion as he opened the awarding ceremony. Concepcion also emphasized the value of mentorship and inclusive business models in championing prosperity for all across the region.

The guests made up a virtual Forbes list of Asian business leaders as well as the most interesting women, youth, and innovative entrepreneurs. A good number of government officials and members of the diplomatic corps were in attendance, along with the ASEAN Economic Ministers led by Trade Secretary Ramon Lopez who will be honored by the Council.

The Philippine President Rodrigo Roa Duterte graced the event and gave a speech urging the ASEAN nations and business leaders to embrace MSMEs. “The ASEAN Business Advisory Council has been instrumental in realizing our common aspiration of serving the growth of our people. I call on entrepreneurs to follow their examples to become beacons of innovation for poverty eradication and economic development. We also challenge those who have achieved success to embrace the MSMEs.”

Legacy Awardee from Philippines John Gokongwei, Jr. recieving his ASEAN Business Award. (L-R) George Barcelon, Tessie Sy-Coson, Chair Joey Cotncepcion, President Rodrigo Duterte, John Gokongwei, Jr., and Secretary Ramon Lopez.

Legacy Awardee from Philippines John Gokongwei, Jr. recieving his ASEAN Business Award.

ounding Council Member of ASEAN-BAC Jose Concepcion Jr. receives his honorary award from President Rodrigo Duterte assisted by ASEAN BAC Chair Joey Concepcion.

Founding Council Member of ASEAN-BAC Jose Concepcion Jr. receives his honorary award from President Rodrigo Duterte assisted by ASEAN BAC Chair Joey Concepcion.

A total of 518 delegates, some flying  in from across Asia and beyond, attended to witness the biggest awarding ceremony in ASEAN.  Among the business greats who attended were Legacy Awardees John Gokongwei (JG Summit) from the Philippines, Singapore’s Wee Cho Yaw (United Overseas Bank), and Malaysia’s Goh Peng Ooi (Silverlake Axis); Inclusive Business Winner Teodoro Ferrer (Erikagen Inc.) from the Philippines, Priority Integration Sector in Tourism Winner Tony Fernandes (Air Asia) from Malaysia, Young Entrepreneur of the Year Dennis Uy (Chelsea Logistics Philippines), and ASEAN-BAC Philippines Members George Barcelon (Philippine Chamber of Commerce Chair) and Teresita Sy-Coson (SM Investments Corporation Philippines).

The ASEAN Business Awards has consistently brought the spotlight to the promising and outstanding ASEAN companies that have the potential of becoming global economic players. Attended yearly by the top business players in the region and beyond, the awards continue to propagate progress and business leadership.

ME Excellence Awardees (L-R) Cecilio Pedro (Lamoiyan Corporation) SME Excellence Awardee for Corporate Social Responsibity, Ms. Cinthy Yar representing Dr. Khin Maung Lwin (FAME Pharmaceuticals) SME Excellence Awardee for Innovation, Mr. Robert Liu representing Dato Jasudasen Thambynathan (Zico Holdings) SME Excellence Awardee for Employment, and Nasha Jungkankul (Kunna) for Growth.

SME Excellence Awardees (L-R) Cecilio Pedro (Lamoiyan Corporation) SME Excellence Awardee for Corporate Social Responsibity, Ms. Cinthy Yar representing Dr. Khin Maung Lwin (FAME Pharmaceuticals) SME Excellence Awardee for Innovation, Mr. Robert Liu representing Dato Jasudasen Thambynathan (Zico Holdings) SME Excellence Awardee for Employment, and Nasha Jungkankul (Kunna) for Growth.

Sirina Sisombat-Hervy (Sinouk Coffee) from Lao PDR beams with pride as the Women Entrepreneur of the Year Awardee.

Sirina Sisombat-Hervy (Sinouk Coffee) from Lao PDR beams with pride as the Women Entrepreneur of the Year Awardee.

Udenna Corporation’s Dennis Uy holds up his trophy as the Young Entrepreneur of the Year.

Udenna Corporation’s Dennis Uy holds up his trophy as the Young Entrepreneur of the Year.

Teodoro Ferrer with Jaime Zobel de Ayala receiving the Inclusive Business Award.

Teodoro Ferrer with Jaime Zobel de Ayala receiving the Inclusive Business Award.

Awardees of the ASEAN Priority Integration Sector Excellence Awards (L-R) Tony Fernandes (AirAsia - Tourism), Vidjongtius (PT Kalbe Farma - Healthcare), Paul Rodriguez (Asian Marine Transport Corporation - Transport), Mr. Edward Yip representing Kuang Sia Lim (Kossan Rubber Industries - Rubber), Bernie Liu (Golden ABC - Retail), Olivia Limpe-Aw (Disteleria Limtuaco - Agri Food), and Pedro Delantar, Jr. (Nature’s Legacy - Wood-Based).

Awardees of the ASEAN Priority Integration Sector Excellence Awards (L-R) Tony Fernandes (AirAsia – Tourism), Vidjongtius (PT Kalbe Farma – Healthcare), Paul Rodriguez (Asian Marine Transport Corporation – Transport), Mr. Edward Yip representing Kuang Sia Lim (Kossan Rubber Industries – Rubber), Bernie Liu (Golden ABC – Retail), Olivia Limpe-Aw (Disteleria Limtuaco – Agri Food), and Pedro Delantar, Jr. (Nature’s Legacy – Wood-Based).

ABA 2017 Legacy Awardees from across the ASEAN (L-R) Haji Musa Bin Hj Adnin (Brunei), Rattana Prathoumvan (Lao PDR), Aung Ko Win (Myanmar), Dr. (H.C.) Sudhamek AWS (Indonesia), Sakchai Unchittikul (Thailand), John Gokongwei Jr., (Philippines), Wee Cho Yaw (Singapore), Goh Peng Ooi (Malaysia), and Le Van Than as the representative of Le Thu Thuy (Vietnam).

ABA 2017 Legacy Awardees from across the ASEAN (L-R) Haji Musa Bin Hj Adnin (Brunei), Rattana Prathoumvan (Lao PDR), Aung Ko Win (Myanmar), Dr. (H.C.) Sudhamek AWS (Indonesia), Sakchai Unchittikul (Thailand), John Gokongwei Jr., (Philippines), Wee Cho Yaw (Singapore), Goh Peng Ooi (Malaysia), and Le Van Than as the representative of Le Thu Thuy (Vietnam).


LIST OF ABA 2017 AWARDEES:

SME EXCELLENCE AWARDS WINNERS

GROWTH: Kunna Groceries Co. Ltd. with Nasha Jungkankul (THAILAND);
CORPORATE SOCIAL RESPONSIBILITY:  Lamoiyan Corporation with Cecilio Pedro (PHILIPPINES)
EMPLOYMENT:  Zico Holdings Inc. with Dato Jasudasen Thambynathan (SINGAPORE);
INNOVATION: FAME Pharmaceuticals Industry Company Limited with Dr. Khin Maung Lwin (MYANMAR);

YOUNG ENTREPRENEUR AWARD WINNER
Dennis Uy of Udenna Corporation (PHILIPPINES)

WOMEN ENTREPRENEUR AWARD WINNER
Sirina Sisombat-Hervy of Sinouk Coffee (LAO PDR)

INCLUSIVE BUSINESS AWARD WINNER
Teodoro Ferrer of Erikagen Inc. (PHILIPPINES)

FRIENDS OF ASEAN WINNERS
Australia and New Zealand Banking Group Ltd. – Philippine Branch, with Anna Green (AUSTRALIA);
Prudential Corporation Asia, with Nicolaos Nicolandrou (HONG KONG); and
Robert Bosch (SEA) Pte Ltd., with Martin Hayes (GERMANY).

GREEN TECHNOLOGY AWARD WINNER
Imperial Homes Corporation, Emma Imperial (PHILIPPINES)

MOST PROMISING AWARD WINNERS
Printmartz Advertising, Adrian Tan Vui Shung (BRUNEI);
Wing Ltd. Specialised Bank, Jojo Malolos (CAMBODIA);
Phouvong Jewelry, Phouvong Phamisith (LAOS);
Myanmar ComBiz Trading Co., Aung Soe Tha (MYANMAR); and
Nghia Nippers Corporation, Thi Thu Huang Nguyen (VIETNAM).

PRIORITY INTEGRATION SECTOR EXCELLENCE AWARDS WINNERS
e-ASEAN: DeClout Limited, Kok Khun Wong (SINGAPORE);
LOGISTICS: Asian Marine Transport Corp., Paul Rodriguez (PHILIPPINES);
WOOD-BASED: Nature’s Legacy Eximport, Pedro Delantar (PHILIPPINES);
RUBBER: Kossan Rubber Industries, Kuang Sia Lim (MALAYSIA);
AGRI FOOD: Destileria Limtuaco & Co., Olivia Limpe-Aw (PHILIPPINES);
HEALTHCARE: PT Kalbe Farma, Vidjongtius (INDONESIA);
TOURISM: Air Asia, Tony Fernandes (MALAYSIA); and
RETAIL: Golden ABC, Bernie Liu (PHILIPPINES).

LEGACY AWARD WINNERS
Haji Musa Bin Hj Adnin, Adinin Group of Companies (BRUNEI);
Dr. (H.C.) Sudhamek AWS, GarudaFood (INDONESIA);
Rattana Prathoumvan, EDL Generation Public Company (LAOS);
Goh Peng Ooi, Silverlake Axis Limited (MALAYSIA);
Aung Ko Win, Kanbawza Bank (MYANMAR);
John Gokongwei Jr., JG Summit Holdings Inc. (PHILIPPINES).
Wee Cho Yaw, United Overseas Bank (SINGAPORE); and
Sakchai Unchittikul, Srichiengmai Industry Company (THAILAND);
Le Thu Thuy, BRG Group, (VIETNAM).

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.

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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/

ABA Awardees Share Valuable Takeaways as Scholars to AGLP

Monday, July 17th, 2017

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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.”

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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

 

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

Young and Thriving ASEAN Entrepreneurs Changing the Game

Thursday, June 29th, 2017

These group of under 30 individuals have gained international recognition for their entrepreneurial drive, innovative spirit, and business success. Their young age hasn’t stopped them from greatly impacting their respective fields that range from energy, agriculture, education, food and many more. Here is the definitive list of young entrepreneurs from the different ASEAN countries who are drastically changing the entrepreneurial landscape:

PHILIPPINES

Leandro Leviste (Solar Philippines)
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A 23-year-old undergraduate at Yale University and son of Senator Loren Legarda and businessman Tony Leviste. Leviste started Solar Philippines in 2013 when he saw the opportunity of providing solar power in the Philippines. His goal is to put solar panels on every single rooftop to help bring down electricity rates in the Philippines. Solar Philippines partnered with the country’s biggest mall provider SM Prime Holdings for his company’s projects. Leviste is planning to do more solar panel projects for other malls.  Solar Philippines is said to be the Philippines’ top solar power provider and is the largest developer of Solar Rooftop power plants in South East Asia. Solar Philippines is committed to sustainable development and renewable energy to help reduce both electricity costs and carbon footprint.

Raphael Antonio Mijeno and Aisa Mijeno (SALt)

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A graduate of Bachelor of Science in Business Management and has worked for an Australian and British firm. He has background in accounting, finance and sales. Naturally born artistic, he has an eye for art and design. SALt was conceived when Aisa, a computer engineer and member of Greenpeace Philippines experienced living with the natives of the Kalinga mountains and realized that they only had kerosene lamps to be able to see things at night. As kerosene is by no means affordable, safe or sustainable, she decided to come up with an alternative. She then decided to partner up with her brother, Raphael since he was a business management graduate. A partnership between Raphael and his sister Aisa was able to create Sustainable Alternative Lighting, a sustainable and cost-effective ecologically designed lamp powered by tap water and table salt. The concept has gained recognition and won awards all over the region.

INDONESIA

Gibran Huzaifah Amsi El Farizy (eFishery)
eFishery founder and CEO Gibran Huzaifah was a fish farmer-turned-agriculture tech entrepreneur. He started his entrepreneurship while he was in his second year in college. He set up catfish farming business in 2011 and built it until it has 83 units of hatchery ponds now. After he graduated from biological science ITB in 2012, he saw an opportunity in supporting technology for fish farmers. He began to build eFishery through fish farming in Indonesia that enable farmers to feed the fish automatically, sense the fish appetite, and connected to the internet. After months of research and hundreds of units of sales, eFishery is now recognized as one of the most distinguished IoT startups in Indonesia, as it is focusing and addressing the big issue and creating impacts for both people and environment.

Indonesia's Gibran Huzaifah Amsi El Farizy (eFishery) and 4.Heni Sri Sundani Jaladara (Smart Farmer Kids in Action & AgroEdu Jampang Community)

Indonesia’s Gibran Huzaifah Amsi El Farizy (eFishery) and 4. Heni Sri Sundani Jaladara (Smart Farmer Kids in Action & AgroEdu Jampang Community)

Heni Sri Sundani Jaladara (Founder, Smart Farmer Kids in Action & AgroEdu Jampang Community)
Born into poverty, Sundani went to Hong Kong as a domestic helper to support her family. Despite unfortunate events, she was able to attend college and graduate with honors from St. Mary’s University in Hong Kong with a degree of Entrepreneurial Management. Upon returning to Indonesia, she founded Smart Farmer Kids in Action & AgroEdu Jampang Community. It’s a free school and community program to help eradicate poverty.

SINGAPORE

Christopher Hwang and Jonathan Shen (Cofounders, The Golden Duck)

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The Golden Duck Founders: Jonathan Shen (left) and Christopher Hwang (right).

Jonathan Shen is a marketing manager for the Massive Collective Group of companies, and Co-Founder of TGD (The Golden Duck) Singapore. Chris Hwang is a serial entrepreneur, potential law school dropout and Co-Founder, TGD (The Golden Duck) Singapore; Co-Founder, Impressionist: The Interview Specialists; Investor in Suite 26, Vanity Lounge, and Armoury Gastrobar; Investor in Massive Collective. As the cofounders of Singaporean food company, The Golden Duck Co., Shen and Hwang took advantage of a craze for salted egg yolk there, by creating a series of handcrafted gourmet snack products – from potato chips to crunchy fish skin – with this distinctive flavor. The Golden Duck Co. now sells an average of 10,000 packets of snacks per week.

Qin En Looi, Ying Cong Seah and Oswald Yeo (Cofounders, Glints)

From left: Glints founders - Oswald Yeo, Qin En Looi and Ying Cong Seah.

From left: Glints founders – Oswald Yeo, Qin En Looi and Ying Cong Seah.

Three Singaporean entrepreneurs dropped out of Berkeley, Standford and Wharton to launch Glints, a talent recruitment and career discovery platform for young people to find the right internship and job opportunities. Glints sought to bridge this mismatch between employer needs and skills young talent have on offer. They started by helping theirs friends source for internships by building up their career readiness through practical & real-world experiences.  Glints has managed to raise $2.7 million from East Ventures, Singapore Infocomm Investments, 500 Startups and others with a 20% monthly growth rate.

MALAYSIA

Chee Hau Goh and Nadhir Ashafiq Zainal Abidin (Cofounders, TheLorry)

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TheLorry Founders: Chee Hau Goh (left) and Nadhir Ashafiq Zainal Abidin (right).

Goh worked as a cargo manager for several global airlines before founding his own business, while Ashafiq has worked as an associate at the CIMB investment bank. Founded in 2014, The Lorry offers on demand cargo transportation services throughout Malaysia. The startup helps more than 1000 drivers with clients who can book vehicles as well as extra services such as packing and dismantling via its online platform.

Neelofa (Founder NH Prima International Sdn Bd)

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A Malaysian actress, television and commercial model before entering into the world of entrepreneurship. She loved fashion and had a passion for business so she combined the two and proceeded to set up her own label. Neelofa and her partners decided to revolutionize and simplify modest fashion, to make shawls more practical and easier to wear. After countless trials and errors, they came up with a design for an instant shawl and launched Naelofar Hijab in 2014. They started selling the shawls online and at bazaars. The instant shawls were a hit and there was an increase in demand. Currently there are stocks in Malaysia, Brunei and Singapore. Business has expanded and along with Naelofar Hijab, Neelofa have also created two other labels Nalelofar Abaya, featuring modern and stylish abayas and Lofalens, a brand offering fashionable contact lenses.

THAILAND

Vasa Iamsuri (Founding Partner, Fastwork Technologies)

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Iamsuri is the founding partner of Fastwork, the fastest growing online freelance marketplace in Thailand. The startup matches companies, mainly small and medium enterprises, with over 3,000 freelancers who are experts in 50 categories such as software development, design and illustration, content marketing, and video editing. Users can browse a variety of freelance categories and start talking to the freelancer and If there a match they can then place an order. Unlike other freelancing sites, Fastwork protects both sides of the marketplace. The startup has so far generated US$300,000 in income for freelancers and this number is growing at 37 percent month-on-month.

CAMBODIA

Daroath Phav (Executive Director WaterSHED)

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He is the Executive Director of WaterSHED. He has a background in accounting and audit, a strong sense of business and an eye for detail.He previously served as WASH Marketing Manager, responsible for WaterSHED’s pioneering sanitation marketing activities. He has been a driving force behind many of the organization’s leading initiatives, including its linkages with micro-finance for consumer purchase. Mr. Phav coordinates market development activities in rural Cambodia across a variety of stakeholder, partners, and donors. Managing a team that works across an area that is home to 40 percent of Cambodia’s population, he ensures the accountability and transparency of the organization, and oversees staff training and program quality.


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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. Application deadline for the Inclusive Business Award Category is on June 30, 2017. For more information about the ASEAN Business Awards 2017, please visit www.aba2017.com

ABA Awardee Tony Fernandes’ Childhood Dream Turned Reailty — ‘Now Everyone Can Fly’

Thursday, June 15th, 2017

“If you have a happy workforce they’ll look after your customers anyway. You can have all the money you want in the world, and you can have all the brilliant ideas but if you don’t have the people, forget it.” – Tony Fernandes

Tony Fernandes – a Malaysian entrepreneur born in Kuala Lumpur, had a childhood dream of owning his own airline. He left Malaysia at the age of 12 to study at Epsom College in Surrey, England and then graduated from London School of Economics. Fernandes, an accountant, started his career with Warner then moved to Richard Branson’s Virgin Communications only to move back to Malaysia to explore a career in the music industry. He became the youngest managing director of Warner Music, Malaysia. After his career in music industry, he decided to finally fulfil his childhood dream of owning his own airlines.

Tony Fernandes, CEO of Air Asia won an ASEAN Priority Integration Sector Award: Aviation in 2015

Tony Fernandes, CEO of Air Asia won an ASEAN Priority Integration Sector Award: Aviation in 2015

As a firm believer of multiculturalism, Fernandes wanted to generate an airline that was accessible and affordable but with great style.  Instead of starting from scratch, Fernandes bought an existing airline; Air Asia. Right after the 9/11 terror attacks, Fernandes mortgaged his home to buy Air Asia – an ailing Malaysian owned airline for one ringgit with $11 million worth of debt.  After a year in business, Air Asia broke even and was able to settle all their debts.  Fernandes was able to turn an ailing airline into a profitable budget airline in a span of 2 years.  AirAsia has grown from a Malaysian domestic airline to the largest low-cost carrier in Asia in terms of fleet size and passengers carried. The story of redemption has been truly exceptional: the budget airline has been named the world’s best low-cost airline hence the tag line “Now everyone can fly”.

Air Asia is molded by culture, openness and transparency. Fernandes maintains a flat culture way of working whereas everyone plays a part in Air Asia and are all equally important. Fernandes says that to him “employees come number one, customers come number two. If you have a happy workforce they’ll look after your customers anyway. You can have all the money you want in the world, and you can have all the brilliant ideas but if you don’t have the people, forget it.” Fernandes adopts a “walk around” management style. According to his interview with BBC, he shared his experience working alongside his staff, “If you sit up in your ivory tower and just look at financial reports, you’re going to make some big mistakes.” For a few days every month he works on the ground or in the cabin crew. He says he’s learned a lot from working on the airline himself.  Fernandes turned down the idea of belt loaders at first but on his next stint working alongside staff, he almost broke his back while loading the plane. He says that without the experience, “I could have made a decision – a very wrong decision that damaged a lot of people and destroyed the morale of the organisation at that level.” Through this, Fernandes was able to create an environment for innovation.

The branding of Fernandes’s airline felt like Branson’s Virgin, down to the color scheme and logo typeface, but the bigger inspiration was the boom in low-cost flying that was transforming Europe’s flightmaps. Soon the fleet was expanding rapidly, and within a decade Air Asia was flying 30 million passengers annually. He is one of the first CEOs to harness the power of social media networks to sell tickets and market his airline. Fernandes believes in involving himself in the day-to-day functions of an airline.

While the group’s HQ is in Malaysia, the Air Asia brand has become a pillar for foreign airlines in which Fernandes has a stake. He bought 49% of the then AWAIR, an Indonesian low-cost carrier, in 2004, rebranding it as Indonesia Air Asia the following year. Similar joint ventures have brought Air Asia into the Philippines, Thailand, Japan and most recently into India. With large numbers of new planes in order, Fernandes has spoken of Air Asia X — linking Europe and Asia via low-cost long haul in the years ahead, starting with a London route.

Fernandes has also made ventures in other arenas – in Britain, he most famously bought football club, the Queens Park Rangers, and a Formula One racing team to add to his hotel, education, mobile phone and insurance ventures. Fernandes has received numerous awards from the industry observers and international press alike. Among the awards are, ‘Malaysia CEO of the year 2003’ by American Express and the Business Times, ‘Emerging Entrepreneur of the Year – Malaysia 2003’ at the Ernst & Young Entrepreneur of the Year Awards in 2004, ‘Airline Business Strategy Award 2005, the first Asian to receive the Forbes Asia Businessman of the Year award in 2010, and most recently, the 2016 EY ASEAN Entrepreneurial Excellence Award.

It’s easy to see that Air Asia is now an ASEAN champion with global recognition. One that has connected the different communities through making air travel accessible to all.


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. Application deadline for the Inclusive Business Award Category is on June 30, 2017. For more information about the ASEAN Business Awards 2017, please visit www.aba2017.com

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