Engaging with ASEAN’s economic ministers
PILIPINAS: NOW IS OUR TIME - Joey Concepcion (The Philippine Star) - March 20, 2017 - 12:00am

In line with our hosting of ASEAN, the economic ministers had their retreat and other related meetings last week, hosted by its chairman, Trade Secretary Ramon Lopez. The ASEAN Business Advisory Council (BAC) was fortunate enough to engage with them, providing an avenue for us members to lay out our plans for this year and beyond.

As chairman of ASEAN BAC, I shared the council’s vision of helping MSMEs in the region. MSMEs account for almost 95-99 percent of the total enterprise in ASEAN. Since they are the majority, it is important for us to help bring prosperity to them and experience inclusive growth in the region.

During the discussion, I presented the three key pillars of ASEAN BAC: first, we are promoting inclusive business in the region, where big-brother companies are helping small-brother companies by including them in the value chain. ASEAN companies will then help these small players gain access to the global market.

Second, micro entrepreneurs can also benefit from the mentorship they can get from successful and inspiring medium and large entrepreneurs. We are launching the ASEAN Mentorship for Entrepreneurs Network (AMEN), which will create a pool of mentors from ASEAN’s 10 countries.

Lastly, ASEAN BAC aims to continue its participation and contribution to government policy-making and planning in line with the Strategic Action Plan for MSMEs, which was launched by the ASEAN leaders in 2015.

Dr. Munir Mujid, ASEAN BAC chair Malaysia, discussed the platforms for funding MSMEs. Dr. Robert Yap, ASEAN BAC chair Singapore, also presented their plans to strengthen ASEAN connectivity, which includes four programs: Malaysia’s Financial Connectivity Project; Laos’ Connect Project; Philippines and Indonesia’s ASEAN Maritime Connectivity through RORO; and AMEN. Other ASEAN BAC members and executive director Gil Gonzales also joined the engagement.

Afterwards, we enjoyed the camaraderie brought by the simple cocktails and dinner hosted by DTI. Filipino entrepreneurs and government officials played great hosts to the ASEAN Economic Ministers and EU Trade Commissioner Cecilia Malmström.

 

RAMON LOPEZ
Philstar
Facebook
  • Latest
Latest
Are you sure you want to log out?
X
Login

Philstar.com is one of the most vibrant, opinionated, discerning communities of readers on cyberspace. With your meaningful insights, help shape the stories that can shape the country. Sign up now!

SIGN IN
or sign in with
Read and share the latest news
whenever and wherever you are.
Top Stories
Features the most relevant stories,
exclusive content, analyses and special reports.
As It Happens
Get bite-sized highlights and up-to-date
information as the news breaks.
Latest
View the most recent
stories of the day.
Log-in
Lorem ipsum dolor sit amet,
consectetur adipiscing elit.
Quisque justo est, auctor vel ullamcorper.
Log-in
Lorem ipsum dolor sit amet,
consectetur adipiscing elit.
Quisque justo est, auctor vel ullamcorper.
How to follow As It Happens stories
STEP 1
Click the story in the As it Happens section.
How to follow As It Happens stories
STEP 2
Click "Follow Story" for updates on the news.
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Aliquam eu metus vitae felis tincidunt finibus ut id sapien. Integer volutpat dui eu malesuada dignissim. Sed varius justo nulla, fringilla convallis sem porta sed.
How to follow Author
STEP 1
Click on the author's name in the article.
How to follow Author
STEP 2
Once you click on the author's name, you will be
brought to the Authors page. Click "Follow Author"
to stay updated on the author's works
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Aliquam eu metus vitae felis tincidunt finibus ut id sapien. Integer volutpat dui eu malesuada dignissim. Sed varius justo nulla, fringilla convallis sem porta sed.
How to follow Tags
STEP 1
Click on a tag in the article.
How to follow Tags
STEP 2
When you click on a tag, it will take you to the
dedicated tag page where you'll see the article
viewed, along with other stories with that tag.

Click the "follow tag" button to stay updated on
the topic.
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Aliquam eu metus vitae felis tincidunt finibus ut id sapien. Integer volutpat dui eu malesuada dignissim. Sed varius justo nulla, fringilla convallis sem porta sed.