A small bloc hogs global attention

By Rose de la Cruz

 

With global leaders expected to attend and share inspiring insights of their countries’ path to prosperity before the Association of Southeast Asian Nation (ASEAN) state leaders and business drivers, global attention would now be focused on the culminating activities of ASEAN50 or the ASEAN Business and Investment Summit 2017 under the aegis of ASEAN Business Advisory Council (ASEAN BAC).

 

With most of these leaders just having come from the APEC meeting in Vietnam they are expected to bring with them fresher insights from the global economic perspectives and how these could positively impact on Southeast Asia as they interact with their peers in ASEAN as well as business movers.

 

The ABIS is the largest business and state leaders’ event, where 12 global state leaders are invited to share their vision and pathway toward shared prosperity. It expects an attendance of over 1,000 coming from government and private sectors of ASEAN and other developed economies  

 

What makes ABIS 2017 unique is the launching by ASEAN BAC of the ASEAN Mentors for Entrepreneurs Network (AMEN)—the Council’s flagship project designed to facilitate the scaling up of the micro and small enterprises in the region through mentorship.

 

The summit will also feature forums on ASEAN Build, Build, Build (Infrastructure Development), Unleashing Women Economic Power and Human Capital Development, Right Money and Open Markets, and Entrepreneurship in the Digital Economy, among trendsetting topics that make up decisive and priority concerns of today's leaders.

 

Discussions and presentations on trade policies, measures, and advocacy topics of ASEAN BAC and partners to contribute towards ASEAN Economic Community 2025 will also be part of the ABIS 2017 agenda.

 

A special session on Sunday (12 November) may be confirmed should the leaders arrive earlier coming from the APEC Leaders in Viet Nam. This special session is tentative and will be by invitation.

 

AMEN’s goals

 

As conceived, AMEN seeks to create a mentoring system beginning this November and establish an ASEAN Mentors Training Program by 2018 to ensure that micro small and medium enterprises in the region would operate on a global mind frame and be able to compete in the marketplace.

 

It is also designed to facilitate the scaling up of the micro- and small enterprises in the ASEAN region through mentorship, one of the 3Ms needed in MSME development (the other two being money and market) for inclusive growth and increased prosperity in the region.

 

Through AMEN, the public private partnerships between ASEAN governments and private sector will be formalized along with the setting up of the ASEAN Mentors’ Academy (a body to recruit, certify and develop mentors to manage the database of AMEN program modules based on available capacity building materials from those previously developed) and a unified mentors’ pool made up of duly certified individuals from the ASEAN member-countries.

 

ASEAN50 Book launch

The ASEAN 50th Anniversary book by CARI will be keynoted by Tan Sri Munir Majid, president of ASEAN Business Club and a photo-op of the launch by special guests.

 

The book is a collection of articles and essays written by prominent thought-leaders, business leaders and policy makers in the region and beyond. It captures perspectives on how the digital revolution will impact economic prosperity in ASEAN through the short written pieces.

 

The digital revolution will be the biggest driver of economic growth and integration in the upcoming decades for ASEAN. The book focuses on articles mainly on regulations, trade, human capital, innovation or cooperation in various sectors, taking into account the ubiquitous role that technology will play in the lives of all ASEAN citizens. This publication is relevant for today and for the years to come as a relatable reference on what will advance ASEAN’s economic integration and prosper its people.

 

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