ASEAN Summit, into its third year, welcomes Guest-of-Honour Ms Low Yen Ling, Senior Parliamentary Secretary, Ministry of Education & Ministry of Trade and Industry, who will be giving a keynote address on the ASEAN Economic Community (AEC)
The yearly conference is expected to attract over 300 business leaders, industry practitioners and decision makers for pragmatic perspectives on the future economy in the ASEAN narrative
RHTLaw Taylor Wessing hosts its 3rd annual ASEAN Summit today on Tuesday 19 September 2017, themed “The Future Economy in the ASEAN Narrative: Gearing Your Business for the ASEAN Economic Community (AEC)”. The ASEAN Summit serves as a knowledge-exchange platform for business leaders, industry practitioners and decision makers to discuss strategies and share insights on how Singapore businesses can future-proof themselves for ASEAN within the new world economic order, and the opportunities for ASEAN in this modern geopolitical environment.
ASEAN offers much potential in playing centre stage in the future global economy, considering the multitude of shifts in the current economic and political backdrop, including Brexit and the US under the Trump administration. Contrary to the anti-globalisation sentiments, Singapore’s openness to trade, talent, and investments, and its exhaustive drive to maintain regional and global connectivity presents an unparalleled opportunity on the enterprise level for Singaporean businesses, as well as an economic gateway for neighbouring countries.
Singapore small-and-medium sized enterprises (SMEs) face challenging economic conditions, rising competition and disruption from technological advances; with land and manpower constraints becoming more pressing. Many Singaporean SMEs still regard the AEC with mixed sentiments – uncertainty, scepticism, and even indifference – on its exact impact on their businesses.
It is now or never, that SMEs must step up, in order to stay in business; to capture new market opportunities, and to prepare against the intense competition from regional players that will flood the marketplace. Singapore’s businesses need to urgently innovate and evolve beyond status quo, or risk being displaced by competitors.
ASEAN is in our backyard and ASEAN SMEs are the backbone of the ASEAN economies.
Guest-of-Honour Ms Low Yen Ling, Senior Parliamentary Secretary, Ministry of Education & Ministry of Trade and Industry, will be giving the keynote address on gearing businesses for future opportunities in the ASEAN Economic Community (AEC).
Speakers and panellists at the ASEAN Summit include a distinguished line-up comprising Mr. Eduardo Pedrosa, Secretary General, Pacific Economic Cooperation Council; H.E Antonio A. Morales, Ambassador, The Republic of Philippines; and H.E. Ngurah Swajaya, Ambassador, The Republic of Indonesia.
Other prominent guests include Mr Teng Theng Dar, former Chief Executive Officer of Singapore Business Federation, Mr Iqbal Jumabhoy, Chief Executive Officer and Founder of BlackBook Hotels, Ms Rina Neoh, Venture Capitalist, & Co-Founder, Mercatus Capital, and Dr. Katharina Lange, Executive Director, Singapore Management University (SMU).
Topics covered at the ASEAN Summit have been put together after extensive interviews and surveys with SME businesses in Singapore on the issues they face, and key highlights are:
ASEAN’s Opportunity in the New World Economic Order
Leadership Development for an ASEAN Diversified Workforce
Funding your expansion in ASEAN
ASEAN Connectivity, Cross Border Strategies & the Digital Journey
Growth Perspectives of the Future Healthcare Landscape in ASEAN and Singapore
Leveraging on ASEAN’s Tourism Boom
RHTLaw Taylor Wessing Deputy Managing Partner & Chairman of ASEAN Plus Group Azman Jaafar, will give the closing speech.
This press release is featured in the following news report:
“刘燕玲：我国将加强 亚细安数码经济和创新连通性” - Lianhe Zaobao, 23 September 2017
RHTLaw Taylor Wessing is proud to be a Gold Sponsor of the launch of Action Community for Entrepreneurship International Centre (ACEIC). The launch marks the inauguration of the first one-stop centre within the Singapore Start-up Ecosystem to facilitate start-ups’ access to global markets and allow overseas start-ups and multipliers to network as well as collaborate with the start-ups in Singapore.
Head of Intellectual Property & Technology, Jonathan Kok, represented the Firm at the launch. The sponsorship is part of the Firm’s ongoing commitment towards supporting the entrepreneurship landscape through facilitating the growth of local and overseas companies into the Asian region by tapping on its international capabilities.
The launch on 6 September 2017 was held at the heart of the nation’s evolving start-up ecosystem, the JTC LaunchPad @ One-North and is supported by SPRING Singapore, International Enterprise Singapore (IE Singapore) and JTC Corporation (JTC). It brought together representatives from trade associations and chambers, embassies, government agencies, innovation hubs and Singapore government agencies to advance towards establishing reciprocal exchanges with start-ups in Singapore.
Senior Minister of State for the Ministry of Trade & Industry and Ministry of National Development, Dr Koh Poh Koon was the Guest-of-Honour. In his officiating speech, Dr Koh said, “The establishment of the ACEIC is therefore timely, to enhance global connections for our entrepreneurs and provide a platform for start-ups to expand into regional markets.”