Mentorship Programs in the Philippines Reach Singapore and Israel

ASEAN BAC PH chair and Presidential Adviser for Entrepreneurship Joey Concepcion, President Rodrigo Duterte and DTI Secretary Ramon Lopez after the successful MOU signing between Philippine Center for Entrepreneurship – Go Negosyo and Israel Chamber of Commerce.

ASEAN Business Advisory Council Philippines Chairman and Presidential Adviser for Entrepreneurship Joey Concepcion brought the mentorship programs to a greater level as he led the launch of these programs in Singapore and Israel.

Last August 27, 2018, Concepcion together with ASEAN BAC 2018 Chair Robert Yap, ASEAN CSR Network CEO Thomas Thomas and ASEAN CSR Network Chair Yanti Triwadiantini signed the partnership between ASEAN CSR Network AND ASEAN-BAC’s Sector Champion for Responsible and Inclusive Business during the 76th ASEAN-BAC Meeting in Singapore.

Present during the Launch of ASEAN Mentorship for Entrepreneurs Network (AMEN) in Singapore are AMEN Legacy Chair and ASEAN BAC Co-chair Joey Concepcion and ASEAN BAC 2018 Chair Robert Yap with ASEAN CSR Network CEO Thomas Thomas and ASEAN CSR Network Chair Yanti Triwadiantini.

Establishing stronger mentoring network partnership with Singapore enables joint development and will produce programs, projects and advocacy initiatives pursuant to the advancement and operationalization of Responsible and Inclusive Business and AMEN in ASEAN and ASEAN Dialogue Partners.

ASEAN Business Advisory Council Philippines Chairman and ASEAN Mentorship for Entrepreneurs Network Founding Chair Joey Concepcion presented the importance of of mentorship for micro and small entrepreneurs during the forum.

The program’s mentorship advocacy provides a platform to promote best practices and  maximize potential in the path towards inclusive growth throughout the member states and the ASEAN dialogue partners.

Then during the official and first state visit of President Rodrigo Duterte in Israel last September 2-5, 2018, Go Negosyo’s Mentor Me program was signed into partnership with Israel-Philippines Chamber of Commerce to provide a stronger mentorship program in Israel and Philippines.

Go Negosyo’s Mentor MeProgram signed in partnership with Israel-Philippines Chamber of Commerce and Israel Chamber of Commerce. In photo (L-R) Gilad Tafias, Manager (Israel-Asia Chamber of Commerce), Ron Doron, Chairman (Israel-Philippines Chamber of Commerce), DTI Secretary Ramon Lopez, ASEAN BAC PH Chair and Presidential Adviser for Entrepreneurship Joey Concepcion, Itamar Gero, President (Israel Chamber of Commerce of the Philippines), and DTI Undersecretary Rowel Barba.

The partnership was signed along with the different business deals and investments gathered in this historic four-day visit.

Israel is known for being a nation for start-ups and innovators. The country offers unique tools to support the early development stages of technological initiatives. These tools assist startup entrepreneurs in developing their innovative technological concepts at the planning. It was also designed for entrepreneurs with an innovative technological idea, and early stage budding companies.

With the initiation of the mentors-partnership in Singapore and Israel, opens vast opportunity to prepare the MSMEs not just in ASEAN but across the world  to face the growing challenges in the business community and to scale up their operations to increase the production of their goods and products through the training modules provided in the mentorship program.

###

Malaysia PM Mahathir Mohamad Discusses Trade and Commerce with ASEAN BAC

The ASEAN Business Advisory Council members together with Malaysian Prime Minister Tun Dr. Mahathir Mohamad.

KUALA LUMPUR — ASEAN Business Advisory Council (ASEAN BAC) Malaysia Chair Tan Sri Dr. Munir Majid organised the roundtable discussion together with ASEAN BAC chairmen and Malaysian Prime Minister Tun Dr. Mahathir Mohamad in Malaysia last August 30, 2018.

“We are honored to engage with Prime Minister Mahathir Mohamad for three hours. A small group of ASEAN Business Advisory Council chairs and special guests was invited by ASEAN BAC. PM Mahathir, who is 93 years old, is very strong, has a great memory and greatly answers the questions that were asked. He is the last remaining leader of that era in ASEAN,” ASEAN BAC PH Chair Joey Concepcion highlighted after the event.

ASEAN Business Advisory Council Philippines chairman Joey Concepcion with Malaysian Prime Minister Tun Dr. Mahathir Mohamad.

Furthermore, the roundtable revolved mainly on trade wars between countries and the tariffs implemented which then leads to protectionism, commitment to free trade and open economies. Also, the council pointed out barriers to trade, investment and movement of skilled labour should be reduced to achieve regional growth and a chance for ASEAN countries to lead in the market and be the fourth largest economy in the world by 2050.

 

Tan Sri Dr. Mohd Munir Abdul Majid and ASEAN BAC Chairs welcome PM Mahathir to the meeting.

It was then suggested that ASEAN could collaborate in advanced technologies such as semiconductors, robotics, additive manufacturing, artificial intelligence, quantum computing and more innovative ideas since ASEAN is now entering the Industry 4.0. Additionally,  business leaders at the roundtable brought up the force of technology in the digital economy which would drive productivity and growth, and render greater connectivity and economic integration in Asean.

With an enabling society that nurture and invest in education and training, as well as policies that empower every ASEAN countries thus inclusive growth and prosperity will be achieved.

###

AMEN launched in Singapore

ASEAN Business Advisory Council members officially launched AMEN in Singapore.

ASEAN Business Advisory Council Philippines (ASEAN BAC PH) Chairman and ASEAN Mentorship for Entrepreneurs Network (AMEN) Founding Chair Joey Concepcion officially launched AMEN in Singapore last August 27, 2018.

ASEAN BAC PH Chair Concepcion was joined by ASEAN BAC 2018 Chair Robert Yap together with ASEAN CSR Network CEO Thomas Thomas and ASEAN CSR Network Chair Yanti Triwadiantini.

After launching in Manila (November 2017), Australia (March 2018), South Korea (June 2018) and Malaysia (July 2018), the AMEN network was introduced in partnership with the ASEAN CSR Network, ASEAN BAC’s Sector Champion for Responsible, and Inclusive Business.

After launching in Manila (November 2017), Australia (March 2018), South Korea (June 2018) and Malaysia (July 2018), ASEAN BAC is now launching ASEAN Mentorship for Entrepreneurs Network (AMEN) in Singapore in partnership with ASEAN CSR Network, ASEAN-BAC’s Sector Champion for Responsible and Inclusive Business. Present during the Ceremonial Signing are: AMEN Legacy Chair and ASEAN BAC Co-chair Joey Concepcion and ASEAN BAC 2018 Chair Robert Yap with ASEAN CSR Network CEO Thomas Thomas and ASEAN CSR Network Chair Yanti Triwadiantini. The partnership aims to jointly develop and undertake programs, projects and advocacy initiatives pursuant to the development and operationalization of Responsible and Inclusive Business and AMEN in ASEAN and ASEAN Dialogue Partners.

AMEN is a private-public partnership platform which was as a legacy project of the ASEAN BAC during the Philippines’ ASEAN chairmanship in 2017. The integral essence of this public-private partnership deals will strengthen the aspiration for inclusive and sustainable growth.

AMEN partnership aims to jointly develop and undertake programs, projects, and advocacy initiatives pursuant to the development and operationalization of responsible and inclusive business in ASEAN and ASEAN dialogue partners.

ASEAN Business Advisory Council Philippines Chairman and ASEAN Mentorship for Entrepreneurs Network Founding Chair Joey Concepcion presented the importance of mentorship for micro and small entrepreneurs.

The program’s mentorship advocacy provides a platform to promote best practices and  maximize potential in the path towards inclusive growth throughout the member states and the ASEAN dialogue partners. It seeks to prepare the MSMEs to face the growing challenges in the business community and to scale up their operations to increase the production of their goods and products through the training modules provided in the mentorship program. It is intended to bring the 3Ms – money, market, and mentorship – of entrepreneurial success, especially to micro and small enterprises.

Along with this, Concepcion was also invited as one of the key speakers during the ASEAN Responsible Business Forum.

ASEAN Business Advisory Council launched the ASEAN Mentorship for Entrepreneurs Network (AMEN) in Singapore in partnership with ASEAN CSR Network, ASEAN-BAC’s Sector Champion for Responsible and Inclusive Business last August 27, 2018. Present during the Ceremonial Signing are: AMEN Legacy Chair and ASEAN BAC Co-chair Joey Concepcion and ASEAN BAC 2018 Chair Robert Yap with ASEAN CSR Network CEO Thomas Thomas and ASEAN CSR Network Chair Yanti Triwadiantini.

 

###

MATCH continues to link ASEAN start-ups with investors

Starting a business is not an easy undertaking. Many businesses, especially startups, have the most innovative ideas only to be hindered by their lack of capital. Small enterprises struggle with finding the right institutions that will provide financial aid in order for their business to be established.

These concerns were raised during the successful run of the Meet ASEAN’s Talents and Champions (MATCH) Philippines Roadshow last July 9 and 10 in Makati City and Cebu City, respectively, organized by the ASEAN Business Advisory Council Philippines in partnership with Monetary Authority of Singapore (MAS), Go Negosyo, Philippine Chamber of Commerce and Industry Inc., and SGV & Co. (EY Philippines).

The roadshow, which gathered more than 400 start-up entrepreneurs, aims to spread awareness on MATCH to facilitate deal-making by showcasing ASEAN startups and growth enterprises across all sectors, and link them to top global and local investors.

MATCH Deal-making and MATCH Conference are the newest additions to the expanded Global Investor Summit. MATCH aims to promote private equity and venture capital deal flow by bringing the investment and ASEAN enterprise communities together. It is organized by Ernst and Young, Enterprise Singapore, Singapore Venture Capital & Private Equity Association, and Singapore Business Federation.

MATCH Deal-making is a curated portal that will enable ASEAN enterprises with better access to quality funding, expertise, and networks for their businesses. It will showcase promising ASEAN enterprises as well as funding opportunities to investors.

As part of the Singapore Fintech Festival week, the MATCH Conference will be held on November 13-14, 2018. It will feature prominent entrepreneurs, founders, and investors who shared their expertise on financing strategies, enterprise value creation, and exit opportunities.



For more information, visit
http://www.ey.com/Publication/vwLUAssets/ey-match-faq/$FILE/ey-match-faq.pdf.

For queries on MATCH Deal-making and MATCH Conference, contact MAS at MATCH@mas.gov.sg.

Deadline of registration is extended until August 31, 2018. Register now! Limited slots available.

 

###

ASEAN BAC to recognize outstanding enterprises at 11th ASEAN Business Awards


The ASEAN Business Advisory Council (ASEAN BAC) will once again recognize outstanding ASEAN companies at the 11th ASEAN Business Awards (ABA), to be held on November 12, 2018, at Marina Bay Sands, Singapore.

The ASEAN Business Awards – organized by the ASEAN BAC Singapore and in partnership with Singapore Management University and Ernst & Young – aims to recognize outstanding ASEAN enterprises that have greatly contributed to ASEAN’s economic growth and prosperity.

ABA also serves as a platform for information dissemination regarding the ASEAN Economic Community to promote regional integration among ASEAN member states. In addition, it intends to highlight small and medium enterprises that have the potential to become global economic players.

There will be seven categories for ABA, namely Priority Integration Sector Excellence (Medium and Large), SME Excellence, Friends of ASEAN, Young Entrepreneur, Woman Entrepreneur, and Sustainable Social Enterprise.

This year, ABA added a new category called the ASEAN Family Business Award. This category recognizes outstanding family businesses that employ sustainable business models and have made significant financial and social impact in the ASEAN community for generations.

Previous winners from the Philippines include John Gokongwei Jr. (JG Summit Holdings), Jaime Augusto Zobel de Ayala (Ayala Corp.), Teodoro Ferrer (Erikagen Inc.), Dennis Uy (Udenna Corp.), Cecilio Pedro (Lamoiyan Corp.), Emma Imperial (Imperial Homes Corp.), Paul Rodriguez (Asian Marine Transport Corp.), Pedro Delantar (Nature’s Legacy Eximport), Olivia Limpe-Aw (Destileria Limtuaco & Co.), Bernie Liu (Golden ABC), Anya Lim (ANTHILL Fabric Gallery), Jhondie Abenza, EMS Component Assembly, and Oryspa Spa Solutions.

The ASEAN Business Awards 2018 is supported by the ASEAN BAC Philippines in partnership with Go Negosyo and Philippine Chamber of Commerce and Industry.

Apply now via https://www.aseanbac2018.org/nomination/. Deadline of nominations is extended until August 31, 2018.

For more information, visit https://www.aseanbac2018.org/asean-business-award/or contact abaph.secretariat@gmail.com.

###

South Korea Joins AMEN; ASEAN Mentorship for Entrepreneurs Network

AMEN Founding Chair and ASEAN Business Advisory Council Co-chair Joey Concepcion seals partnership with Korean Federation of Small and Medium Business led by Chairman Park Sung-taek and ASEAN-Korea Centre led by Ambassador Lee Hyuk. (In photo: Concepcion, President Rodrigo Duterte, Chairman Park Sung-taek, and George Barcelon of ASEAN Business Advisory Council

AMEN Founding Chair and ASEAN Business Advisory Council Co-Chair Joey Concepcion led the official launch of the ASEAN Mentorship for Entrepreneurs Network (AMEN) last June 5, 2018 in South Korea.

Joining Concepcion with the signing of a memorandum of understanding were George Barcelon (ASEAN BAC), Ambassador Lee Hyuk (ASEAN-Korea Centre), and Chairman Park Sung-taek (Korea Federation of Small and Medium Business).

With the signing, the Philippine-Korea partnership was strengthened in providing mentorship to micro, small, and medium enterprises as well as creating programs in priority sectors like the digital economy, trade and industry, and agripreneurship.

ASEAN BAC partners with ASEAN-Korea Centre and Korea Federation of Small and Medium Business.

The ASEAN-Korea Centre partners with ASEAN member states’ initiatives programs in the agriculture, food, and technology sector. One of their programs is the 2018 ASEAN-Korea Youth Network Workshop which will raise the awareness of the ASEAN and Korea relations among the attendees and deepen their understanding about digital technology and innovation. Two workshops will be held this July in Korea and in the Philippines.

The Korea Federation of Small and Medium Business (K-Biz), on the other hand, supports SME development in Korea with the aim to improve the economic status and provide equal opportunities for SMEs. The federation links with the government sector in proposing, investigating, and analyzing data regarding small businesses in Korea.

K-Biz Chairman Park Sung-Taek highlighted how the Philippines is an attractive market for Korean companies as the country provides a business-friendly environment. According to him, the signing was participated by both parties to “actively help build a close network for the two countries so the Asian SMEs can grow together through AMEN.”

AMEN was a legacy project of the ASEAN BAC during the Philippines’ ASEAN chairmanship in 2017. This year, it has been successfully launched in Sydney, Australia. South Korea is the second dialogue partner in which the project was introduced. President Rodrigo Duterte led the official trip to South Korea to seal business investment deals and partnerships between Philippines and South Korea.

President Rodrigo Duterte led the official trip to South Korea to seal business investment deals and partnerships between Philippines and South Korea.


The launch is part of President Rodrigo Duterte’s three-day official visit in South Korea. President Duterte was able to close $4.9-billion investment deals and $1-billion official development assistance for the infrastructure projects in the Philippines. He also witnessed the signing of the partnership for AMEN and MSME development.

###