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KS REVIEW Executive Briefings KINGSLEY STRATEGIC INSTITUTE for ASIA PACIFIC January 2020

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KS REVIEW Executive Briefings KINGSLEY STRATEGIC INSTITUTE for ASIA PACIFIC January 2020 KSI Three Strategic Thrusts: Strategic advice, Curated Events and KS REVIEW Executive Briefings KINGSLEY STRATEGIC INSTITUTE FOR ASIA PACIFIC January 2020 KSI President Tan Sri Michael Yeoh greeting the Malaysian KSI President Tan Sri Michael Yeoh hosting dinner for Prime KSI President Tan Sri Michael Yeoh greeting Economic Affairs Prime Minister YAB Tun Dr. Mahathir Mohamad. Minister of Laos H.E. Dr. Thongloun Sisoulith. Minister, YB Dato’ Seri Mohamed Azmin Ali. The official opening ceremony of the World Chinese Business and Economic Summit. The ASEAN Community Leadership & Partnership Forum organised by KSI and ASEAN Business Advisory Council in Bangkok. In the centre are Former Prime Minister of Thailand, H.E. Khun Anand Panyarachun and Prime Minister of Laos, H.E. Dr. Thongloun Sisoulith. Primary Industries Minister, YB Teresa Kok with the Chairman Tan Sri Michael Yeoh presenting a memento to the Speaker Minister of Health, YB Datuk Seri Dr. Dzulkefly Ahmad at of the Kingsley Strategic Institute, Tan Sri Barry Goh and Tan of the House of Representatives YB Tan Sri Mohamad Ariff KSI’s Malaysian Healthcare Conference. Sri Lee Kim Yew, Founder and Patron of the World Chinese Md Yusof in Parliament on SDG’s and CSR jointly organised Business and Economic Summit. by KSI and Parliament Malaysia. 2 2019 ASEAN COMMUNITY LEADERSHIP AND PARTNERSHIP FORUM 2019 ASEAN Community Leadership And Partnership Forum 23- 24 June 2019 Park Hyatt Bangkok, Thailand Building Partnerships for a Sustainable and Inclusive ASEAN (Held in conjunction with the 34th ASEAN Summit in Bangkok) From L to R: H.E. Anand Panyarachun, Former Prime Minister of Thailand and H.E. Dr. Thongloun Sisoulith, Prime Minister of Lao PDR. Presentation of Distinguished Lifetime Achievement Award to H.E. Anand Panyarachun, Former Prime Minister of Thailand by H.E. Special Address delivered by the Title Sponsor of ASEAN Pan Sorasak, Minister of Commerce Cambodia during the Gala Dinner on 23 June 2019 at the 2019 ASEAN Community Leadership & Community Leadership and Partnership Forum, Dato’ Sri Dr. Partnership Forum. Vijay Eswaran, Executive Chairman, QI Group. From L to R: H.E. Mr. Saleumxay Kommasith, Minister of Foreign Affairs, Lao PDR; Dr. Supachai Panitchpakdi, Former Deputy Prime Minister, Thailand and Former Director-General, World Trade Organisation; H.E. Anand Panyarachun, Former Prime Minister of Thailand; H.E. Dr. Thongloun Sisoulith, Prime Minister of Lao PDR and his Wife; Tan Sri Michael Yeoh, Chairman, ASEAN Community Leadership and Partnership Forum / President, Kingsley Strategic Institute for Asia Pacific (KSI) / Formerly Representative of Malaysia to the High-Level Task Force on ASEAN Connectivity; H.E. Pan Sorasak, Minister of Commerce Cambodia and H.E Mrs Khemmani Pholsena, Minister of Industry and Commerce of Lao PDR. The recently concluded 2019 ASEAN Studies Centre of Chulalongkorn University, The speaker for this dialogue was Dr. Community Leadership and Partnership and Bangkok-based organizations Nation- Supachai Panitchpakdi, Former Deputy Forum’s underlying message is that ASEAN Building Institute and Asia Centre. The Prime Minister, Thailand and Former countries need to work together to unleash forum’s theme was Building Partnerships for Director-General, World Trade Organization the potential of technology to develop a Sustainable and Inclusive ASEAN. and the moderator was Mr. Arin Jira, the digital economy, create new business Chairman, ASEAN Business Advisory opportunities and spur regional growth. The 2019 ASEAN Community Leadership Council (ASEAN-BAC) / Vice Chairman, and Partnership Forum (ACLPF) started the Federation of Thai Industries / Co- Held on June 23-24 in conjunction with proceedings on 23 June 2019 with a Special Chairman, ASEAN Community Leadership the 34th ASEAN Summit in Bangkok, the Address and Dialogue on ASEAN Economic and Partnership Forum forum was organized jointly by Kingsley Integration: Where Are We? Where Do We Strategic Institute in Malaysia, the ASEAN Go from Here? Will the US-China Trade War The highlight of the ACLPF evening with Business Advisory Council, the ASEAN Impact on ASEAN? a Gala Dinner and Lifetime Achievement 3 2019 ASEAN COMMUNITY LEADERSHIP AND PARTNERSHIP FORUM From L to R: Prof. Dr. Kriengsak Chareonwongsak, Adviser to the ASEAN Welcome Speech at the ASEAN Community From L to R: Session 3: ASEAN in the Age of Disruption - Wiring Community Leadership and Partnership and Chairman Nation-Building Institute, Leadership & Partnership Forum on 23 June Up ASEAN for the Digital Economy. Speakers: Mr. Goh Peng Ooi, Thailand; H.E. Dr. Pichet Durongkaveroj, Minister of Digital Economy and Society, 2019 by Ambassador Pradap Pibulsonggram, Group Executive Chairman, Silverlake Group; Mr. Eddie Hu, Chief Thailand; Tan Sri Michael Yeoh, Chairman, ASEAN Community Leandership and Co-Chairman, ASEAN Community Leadership & Representative, Malaysia & Thailand, Chong Sing FinTech Group Partnership Forum / President, Kingsley Strategic Institute for Asia Pacific (KSI) Partnership Forum. Limited; Ms. Laetitia Moncarz, Director Payments Markets, / Formerly Representative of Malaysia to the High-Level Task Force on ASEAN ASEAN Region, SWIFT and Ms. Pornpimol Kanchanalak, Advisor Connectivity and Mr. Arin Jira, Chairman ASEAN Business Advisory Council to the Minister of Foreign Affairs, Thailand. Moderator by Prof. (ASEAN-BAC) / Vice Chairman, the Federation of Thai Industries / Co-Chairman, Barbara meynert, Senior Advisor, Fung Group. ASEAN Community Leadership and Partnership Forum. Session 1: Prioritizing the sustainable Development Goals: Partnership between From L to R: H.E. Anand Panyarachun, Former Prime Minister of Thailand; H.E. Dr. Thongloun Sisoulith, Government, Business and Civil Society. Dr. Supachai Panitchpakdi, Former Deputy Prime Prime Minister of Lao PDR and Tan Sri Michael Yeoh, Chairman, ASEAN Community Leandership and Minister, Thailand and Former Director-General, World Trade Organization and Mr. Vijay Partnership Forum / President, Kingsley Strategic Institute for Asia Pacific (KSI) / Formerly Representative Poonoosamy, Director, International & Public Affairs, QI Group. of Malaysia to the High-Level Task Force on ASEAN Connectivity. Awards where H.E. Dr. Thongloun Sisoulith, systems, develop our digital platforms and is a very dynamic market, said Ms. Prime Minister of Lao PDR was conferred harmonize our approaches to regulatory Laetitia Moncarz, Director for Payments with the ASEAN Distinguished Lifetime procedures particular for cybersecurity, Markets, ASEAN Region, at the Society Achievement Award for his contribution to digital identity, and data management. for Worldwide Interbank Financial the growth and development of the Lao We should work towards a regional digital Telecommunication (SWIFT), a global PDR and to ASEAN Regional Cooperation. market. financial messaging platform based in Belgium. H.E. Anand Panyarachun, Former Prime In line with the above, the session on Minister of Thailand was also conferred ASEAN in the Age of Disruption – Wiring For the banking industry, pain has already with the ASEAN Distinguished Lifetime Up ASEAN for the Digital Economy talked been felt due to the emergence of fintech, Achievement Award for his distinguished about how new technologies such as 5G will said Mr. Eddie Hu, Chief Representative for services to ASEAN in particular the create opportunities for the ASEAN digital Malaysia and Thailand at Hong Kong-based blueprint for tax for the ASEAN Free economy, said Mr. DAR Wong, Executive Chong Sing Holdings FinTech Group. He Trade Area. H.E Khun Anand can truly be Vice-President of the ASEAN-China added that traditional banks in ASEAN, described as the father of AFTA. Commerce Association. “ASEAN cannot looking to offer a seamless business deny that it will be influenced by 5G,” said experience, can face difficulties getting The Gala Dinner also highlighted the Wong, adding that with the rolling out of licensed to enter other countries in the conferment of the ASEAN Entrepreneur the new generation of mobile technology, region. He hopes that ASEAN – to catch of the Year Award to Mr Goh Peng Ooi everything, from work environment to up with fintech, in a paradigm shift for the for his entrepreneurial spirit in creating security systems, will become obsolete and future – can develop a shared financial a regional software giant, Silverlake Axis people should be aware of new things to world for everyone. Ltd. The company boasts of nearly 40% emerge soon. of the top 20 largest banks in Southeast Noting that China spends more on Asia utilise Silverlake’s banking solutions. Mr Jason Chiu, Founder and CEO of semiconductor imports, mainly from the US, It counts three of the five largest ASEAN Hong Kong tech start-up Cherrypicks, than on oil, Mr. Pindar Wong, Chairman of superregional financial institutions among said ASEAN countries need to cooperate internet financial infrastructure consultancy its customers, which undoubtedly puts it internally and externally, not just for VeriFi (Hong Kong), said China and the among the main regional players in this technology advancement but more region are facing a “silicon shock”, which is area. They also have clients in some 20 importantly for the construction of going to take 10 to 15 years to resolve. countries across Asia, the Middle East and infrastructure. Moderating the session, Africa, even though its core market remains Prof. Barbara Meynert, Senior Adviser of Ms Pornpimol Kanchanalak, Advisor to the Southeast
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