ASEAN Integration: Is the Regional Economic Community a ......Stronger Startups Pro Business Model...
Transcript of ASEAN Integration: Is the Regional Economic Community a ......Stronger Startups Pro Business Model...
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Mr Douglas FooFounder and Chairman
Sakae Holdings
ASEAN Integration: Is the Regional Economic Community
a Myth or Reality?
Build ASEAN Brand
• For ASEAN market as base to expand globally
• Recognise the value of ASEAN region as a potential manufacturing base– Strengths and needs of various ASEAN
countries– Establish a business model that tap the
synergies of various countries
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MADE IN AS EAN
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Build ASEAN Brand
Subletting Production facilities of manufacturers
Monitoring & Measurement
Customised Ordering
Sensors Data Analytics
CLOUD-BASED PLATFORM
Artificial Intelligence
Logistic & DeliverySuppliers
Cross-border Support
Manufacturing-As-A Service (MaaS)
Optimisation of Resources
Manufacturing Startups5
SGConnect™
• Project by ASEAN Business Advisory Council
• To develop a network of smart cities to grow symbiotically and in a sustainable manner
• Connect digital infrastructure and services • Boost cyber security in ASEAN
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SGConnect™
Credit: Association of Southeast Asian Nations (ASEAN)
26 pilot cities identified
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Integrated ASEAN Community
• Companies will reap greater benefits through collaborations
• Can become reality if there are extensive connectivity at four levels:– Physical Connectivity (e.g., transport, ICT, and energy)– Institutional Connectivity (e.g., trade, investment & service
liberalisation)– People-to-People Linkages (e.g., education, culture, and
tourism)– Financial Connectivity (e.g., e-payment, fintech, and others)
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Burgeoning “consuming
class” in next 15 years
Movement of 90mil
people by 2030
Challenge to equip
world’s 3rd
largest labour force
Infrastructure spending
more than doubled
Emergence of disruptive
technologies
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Master Plan on ASEAN Connectivity 2025
• To facilitate faster integration, ASEAN is focusing its attention on a few strategic areas
• One of them is Digital Innovation• Digital technologies in ASEAN could potentially
be worth up to US$625 billion by 2030– 8 percent of ASEAN’s GDP
• Key to integration is the concept of sharing resources and knowledge
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Digital Project Management Services (DPMS)
• SMF is the first Trade Associations and Chambers to be appointed to operate and implement DPMS
• DPMS aims to provide companies that are embarking on digital transformation with business process experts
• Drive a more holistic and sustainable implementation of digital technology
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• Incubating next Unicorn• Stronger Startups Pro Business Model• Dynamic Startup Community• Test out solutions by SMF members• Actualised Merger & Acquisition
• SMF consultants to improve business model
Financial Services• Banks offer micro loans• M&A consultation
Advanced Tech Solutions• A*STAR, Universities, Polys
Government Support• ESG, IMDA, SSG, WSG, IPI
SMART INCUBATING ECO-SYSTEM
• Startups (New or Existing)(Local or foreign)
• Cluster of SMEs
• Potential Merger & Acquisition
Investors• VC, Angel Investors
IPOS
Other Incubation Centres
NEST @ SMF
(Free desking and spacing)
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ASEAN as 4th Largest Region in GDP Growth
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THANK YOU