ASEAN Integration: Is the Regional Economic Community a ......Stronger Startups Pro Business Model...

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2 Mr Douglas Foo Founder and Chairman Sakae Holdings ASEAN Integration: Is the Regional Economic Community a Myth or Reality?

Transcript of ASEAN Integration: Is the Regional Economic Community a ......Stronger Startups Pro Business Model...

Page 1: ASEAN Integration: Is the Regional Economic Community a ......Stronger Startups Pro Business Model • Dynamic Startup Community • Test out solutions by SMF members • Actualised

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Mr Douglas FooFounder and Chairman

Sakae Holdings

ASEAN Integration: Is the Regional Economic Community

a Myth or Reality?

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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

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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

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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