Annual Report for the Year 2015

ANNUAL REPORT FOR THE YEAR 2015

ABOUT SIIA

Founded in 1962 and registered as a membership-based society, we are Singapore’s oldest think tank. SIIA is a The SIIA was ranked 1st in Singapore non-profit, non-governmental institution which focuses and ranked 52nd globally in the annual on a broad range of subjects and programmes, including regionalism, geo-politics and economic development, as global survey by the University of well as the environment and resources. Pennsylvania. In addition, SIIA was the only Singaporean think tank to be SIIA is an independent organization, funded by foundations, membership subscriptions and corporate ranked in the category of Best New sponsorship. We receive no regular funding from the Idea or Paradigm Developed by a Singapore government. We welcome opportunities to Think Tank. work with any organization committed to making Singapore a better-informed, more cosmopolitan society that understands the region and contributes actively to its development.

60A Orchard Road#04-03 Tower 1 The Atrium @ Orchard International Involvement Hub Singapore 238890 Tel: (65) 6734 9600 Fax: (65) 6733 6217 Visit us at www.siiaonline.org

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The Institute has complied with all the applicable guidelines of the Code of Governance Evaluation Checklist for Institutions of a Public Character (IPCs). The full checklist is available at www.charities.gov.sg.

About The SIIA | The Singapore Institute of International Affairs (SIIA) is ranked as one of the world's leading think tanks and number one in Southeast Asia. The SIIA is dedicated to the research, analysis and discussion of regional and international issues. Our research and events reach out to policy-makers, business leaders, professionals and youth. Visit us at www.siiaonline.org

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TABLE OF CONTENTS

1. SIIA CHAIRMAN’S REVIEW 4

2. AREA OF FOCUS AND KEY EVENTS 7

3. LEADING THE WAY 16

4. OUR TEAM AND SECRETARIAT 17

5. APPENDICES 18

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1. SIIA CHAIRMAN’S REVIEW

The past year 2015 has been a good one for the Singapore Institute of International Affairs.

Our standing as a think tank has been consolidated as signalled by a leading global survey conducted by the University of Pennsylvania, the Go-to Think Tank Index. The index ranked the SIIA well: tenth in Asia, second in South-East Asia and first in Singapore. This is, moreover, not for the first time and rankings over last four years have consistently rated the SIIA among the leading top think tanks in the region.

Additionally, for 2015, SIIA was identified as a proponent of new and innovative initiatives. In the categories for Best New Idea, Transdisciplinary Research, Public Engagement, and the Use of the Internet, we were the only Singaporean think tank to be ranked and we rated among the top three across Asia.

We are honoured but humbled by this recognition, especially as the SIIA remains much smaller in staff numbers and resources than its Asian peers.

Please allow me in this message to share briefly some highlights from 2015, looking first at our core programmes and areas of expertise – ASEAN and Asia, and Sustainability -- and then at newer and broader initiatives.

Core Programmes and Areas of Expertise

Our work on ASEAN and Asia continues to grow and develop.

Our flagship ASEAN and Asia Forum was held for the 8th year, to offer perspectives from policy makers and experts on the regional politics and economic policies that impact businesses. Some 300 corporate and professional decision makers attended, with special sessions on Myanmar and Indonesia, as well as a look at the broader dynamics of ASEAN relations with China, Japan and the USA.

Additionally, the SIIA initiated an ASEAN-Myanmar Forum in Yangon which drew almost 200 high level corporate leaders and policy makers. These included not only foreign investors but also leading Myanmar business owners. The Forum in Yangon has grown from our engagement in 2014 as advisor to the Myanmar Government during their ASEAN chairmanship. In August, the SIIA also held a closed-door dialogue in Yangon with the National League of Democracy’s economics committee and a co-founder of the Party. This is our first effort to help investors understand the likely economic policies going forward, and the SIIA will look to continue our engagement as the country continues its political transition.

Our thought leadership grew in parallel with these events. Looking at ASEAN as a whole, the SIIA issued a series of policy papers and commentaries in the media on the ASEAN Economic Community and cross border business cooperation, as well as on the political centrality of ASEAN amidst great power competition. The SIIA published significant policy papers on economic issues in ASEAN, such as an analysis of the financial sector reform in Myanmar and began work on Indonesia’s prospects under President Jokowi.

The SIIA continued to deepen our sustainability programme, focusing on transboundary haze pollution that has deeply affected the region and Singapore, especially in 2015. Our Singapore Dialogue on Sustainable World Resources grew into its second year, bringing together more than 300 policy makers, corporate

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players, activists, academics and journalists to discuss the strong business case around sustainability. Officials who spoke included Singapore’s then Minister of Environment and Water Resources Dr. Vivian Balakrishnan and Indonesia’s then Deputy Minister of Environment and Forestry Mr. Arief Yuwono. The dialogue was also strongly supported by CEOs and senior executives from key companies in the sector as well as financial institutions and regulators both as speakers and attendees.

The SIIA is an advocate for the need for companies and financial institutions to take greater responsibility for sustainability. In 2015, amidst one of the worst haze seasons ever, some companies that the SIIA engaged with took further steps and pledges to reduce their climate impact. Among financial institutions there have also been signs of progress, with the SGX moving towards sustainability reporting and an increased awareness among Singaporean and regional banks on the need for climate concern.

Cooperation with Indonesian environmental groups has also grown. Working with Indonesia-based non- governmental organizations, the SIIA aims to give the public, journalists, analysts, activists, and policy makers easy access to pertinent information about the haze. The SIIA launched our Haze Tracker during 2015, a one-stop web portal to help track the issue. This is in addition to our on-going effort to promote consumer and public awareness about the haze, in partnership with non-governmental organizations and citizen groups.

On sustainability issues and the haze, the SIIA published a series of commentaries, media notes and special reports. We also engaged with policy makers and business decision makers, especially during the worst of the haze season. The fires and haze over the past year were some of the worst on record and in response we have redoubled our efforts and believe that progress can be made, especially using trade, finance and investment to push for change.

Newer and Broader Initiatives

In 2015, the SIIA successfully concluded our Future 50 (F50) programme, as our contribution to the celebration of our country’s 50th year of independence and in partnership with SG50. Started in 2013, F50 culminated with the Future 50 report, authored by SIIA Executive Director, Nicholas Fang and our Senior Fellow, Parag Khanna, which broadly mapped out a possible 50-year future for Singapore in Asia and the World. At the final dialogue of the F50 programme, we were honoured to have Singapore’s Minister of Social and Family Development, Mr. Tan Chuan-Jin, as Guest-of-Honour.

The SIIA F50 also was featured prominently in the TODAY newspaper, with a four page special intended to promote SIIA’s key ideas and questions about Singapore’s future reach a much wider readership. In all, the F50 programme comprised 18 talks and dialogues with over one thousand participants, most of whom were from a broader cross section of society than the normal SIIA membership.

The F50, while concluded, has underscored our hopes to take public-based initiatives to bring international affairs closer both to Singaporeans and those living here. A further effort was launched at end of 2015, with our new Global Citizens Singapore (GCS) programme.

The GCS programme, launched by Deputy Prime Minister Tharman Shanmugaratnam at the SIIA Dinner in November 2015, will be a multi-year programme and use innovative approaches to reach resident professionals, managers, executives and businessmen and the wider society to inspire them to think about global issues facing Singapore. We hope to encourage younger business people and professionals to develop an enhanced mind-set and skill set as global citizens to relate and interact with the world and especially the region around us.

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In much of our work, the SIIA has emphasized engaging the media as a multiplier of impact. We draw on our deeper policy programmes and use that knowledge to provide insight on current and emerging trends to make the SIIA a leading media commentator in our areas of expertise. In 2015, commentaries and quotes from our SIIA fellows and experts were featured across international and regional media, including Bloomberg, BBC, South China Morning Post, the Jakarta Post, The Nation (Thailand), China Daily and the Japan Times as well as in Singaporean media -- Channel News Asia and Mediacorp, TODAY and the Straits Times. Additionally, the SIIA has developed special reports to share views in more detail with experts and policy makers. In all, some 30 commentaries, media notes and policy papers were published in 2015.

Resources and Governance

While progressing in 2015 the SIIA still has much to do to continue this growth. The SIIA, while well reputed, remains by far the smallest think tank in Singapore. Resources and governance of the organization are therefore key considerations.

For 2015, our revenue remained modest, increasing to $2.31 million, from $2.23 million in the 2014. We are happy to be able to report that the SIIA banked a small surplus of $32,708 for the year. This contribution brings our accumulated surpluses to $1.2 million at year end, representing approximately 10 months of costs in reserve. The 2015 financial result was also the 3rd consecutive year that the institute has been in the black. This represents a considerable improvement from the past, when the SIIA was in deficit, and retained only one full time staff.

The SIIA operated with 16 staff in 2015 and look to increase this to a complement of 20. We are actively searching to recruit those with keen interest and experience in our areas of work. We are delighted that we have been able to retain a number of key appointment holders as long term, pillars for a dynamic team. While I remain a volunteer chairman and the SIIA council remains active, our management team has notably grown in responsibilities and capacities, and this bodes well for the SIIA’s stability and future growth.

Neither resources nor profit are the full sum of SIIA’s work and worth as a not-for-profit institution. But these signal our ability to sustain this effort over time and to grow impact and reach into the future. The SIIA is committed to grow in the coming years, to broaden our reach and deepen our impact among policy makers and businesses. We will work to deepen our thought leadership in core programmes and areas of expertise, and also take new initiatives in innovative ways.

I wish, in closing, to thank my fellow SIIA Council members for volunteering their time to help govern the SIIA, and provide ideas and practical help. I wish also to thank our supporters, sponsors and key corporate members for their financial support and also their active interest in our work.

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2. AREA OF FOCUS AND KEY EVENTS

ASEAN

Environment International & Resources

ASEAN ASEAN and Asia A core part of the SIIA’s work is to promote awareness of the Association of Southeast Asian Nations (ASEAN), ASEAN’s activities, and to encourage processes of regional cooperation. The SIIA also focuses on ASEAN’s relations with the wider Asia-Pacific region, and countries such as China and the United States.

In 2015, the SIIA continued to engage with Myanmar, examining the political and socioeconomic issues the country faced and its impact on business – such as investment flows in the region. In partnership with the Union of Myanmar Federation of Chambers of Commerce and Industry (UMFCCI), the SIIA successfully inaugurated its ASEAN-Myanmar Forum in Yangon which drew almost 200 high level corporate leaders and policymakers from across the region.

SIIA’s engagement with Myanmar culminated in a special report on Myanmar’s financial sector and its role in supporting the country’s growing economy. The report which proposed recommendations aimed at developing Myanmar’s banking and private sector to complement the country’s overall economic growth was well received by the Central Bank of Myanmar and other key government representatives.

In October, the SIIA’s 8th ASEAN and Asia Forum (AAF) addressed concerns regarding the post-2015 political and economic changes in ASEAN and the role major powers play in influencing the regional status quo. The opening keynote address for the AAF: “How Can the AEC Help ASEAN Continue to Stay Relevant – Post 2015,” was delivered by Mr. Lee Yi Shyan, Senior Minister of State, Ministry for Trade and Industry and Ministry of National Development Singapore. Prof. Dr. Aung Tun Thet, the Economic Advisor to the former President of Myanmar delivered the panel keynote on the potential impact of Myanmar’s general elections on the country’s economic liberalisation and political reforms.

In conjunction with the AAF and in anticipation of the launch of the ASEAN Community, the SIIA partnered with the Economic Research Institute for ASEAN and East Asia (ERIA) to release a special report on the ASEAN Economic Community (AEC) and its implications for regional business.

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In November, the Taiwanese Institute of International Relations (IIR) at the National Chengchi University (NCCU) engaged with the ASEAN-ISIS network of think tanks in a two-part research exchange programme to deepen ASEAN-Taiwan relations at the Track 2 level. The research visit included roundtable discussions on key issues concerning ASEAN-Taiwan relations, as well as separate visits and exchanges with government officials from the Ministry of Foreign Affairs, members from the Democratic Progressive Party (DPP), and other think tanks involved in research on Taiwan-China cross-strait relations.

To deepen the SIIA’s research and expertise in Southeast Asia, the institute has closely observed and analysed developments in Thailand, Indonesia and Myanmar. To better understand the changing political landscape of these countries, SIIA conducted corporate briefings in Thailand and Myanmar. These briefings gave our corporate members an opportunity to meet leading government officials while understanding key concerns of the respective countries.

ENVIRONMENT & RESOURCES The Singapore Institute of International Affairs (SIIA) has been a leading think tank on the subject of transboundary haze pollution since the severe haze spell in 1997-1998. After Singapore’s Pollutant Standards Index (PSI) soared to a record high of 401 in 2013, the SIIA saw the need for deeper engagement, particularly with plantation companies and their financiers which are based in the region.

In order to influence for results, the SIIA convened the annual Singapore Dialogue on Sustainable World Resources (SWR) in “What is new this year is to be 2014 to encourage higher levels of active corporate involvement in sustainability dialogues. Key barriers to higher sustainability recognized in new categories standards have been raised at this platform. Sound policies and that showcase our innovative best practices that corporates, governments and NGOs advocate efforts to reach and be and adopt have also been profiled and promoted. relevant to the wider public nd On 13 May 2015, over 300 invited guests attended the 2 SWR discussion as well as dialogue “Sustainability: A New Profit Driver?” at Ritz-Carlton Millenia. Singapore’s then Minister for the Environment and corporations.” Water Resources Dr. Vivian Balakrishnan and Indonesia’s then – Simon Tay, Chairman, SIIA. Deputy Minister of Environment and Forestry were among our keynote speakers. Participants of the panel discussions included CEOs and senior speakers from a number of key commodities companies including Asian Agri, Bunge, Cargill, IndoAgri, Wilmar and financial institutions, such as HSBC Bank, OCBC Bank and Singapore Exchange.

In addition, the dialogue also featured the launch of the SIIA’s Haze Tracker website, a one-stop portal that provides news, commentaries and maps associated with the fire and haze issue, as well as a new report by World Wide Fund for Nature (WWF), “Sustainable Finance in Indonesia, Malaysia and Singapore: A Review of Financiers’ ESG Practices, Disclosure Standards and Regulations”. The dialogue was extensively covered by regional media including the BBC, Bernama, Bangkok Post, Channel NewsAsia, Jakarta Globe, Tempo, The Nation, The Straits Times and others.

To facilitate safe exchange of authentic perspectives between corporates and NGOs, the SIIA also convened two closed-door roundtable sessions in 2015. The first session, “Eye in the Sky: Has Satellite Monitoring been Effective?” was a focused discussion on the various fire tracking and haze monitoring technologies and their efficacies and shortfalls. In the second session, “The Haze Tracker Working Group Meeting”, some 30 experts in public information law, environmental protection policies and community mapping gathered to exchange information regarding the legality and viability of publishing maps for public monitoring.

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The SIIA recognises that sustained public interest is crucial in ensuring the continuity of our collective anti-haze efforts. It has since enhanced its schedule of public outreach activities, collaborating with local NGO People’s Movement to Stop Haze (PM.Haze). Following the first jointly run public exhibition “Haze: Know it. Stop it.” at Vivocity in November 2014, the SIIA re-staged the event with updated content at City Square Mall, Science Centre Singapore and nex shopping mall in 2015. The last exhibition, which was held at the height of the haze season in October, included a talk series featuring SIIA Chairman and our partners from PM.Haze, Relief.sg, Singapore Environment Council (SEC) and the Haze Elimination Action Team (H.E.A.T.).

In November 2015, the SIIA hosted a public seminar “Fighting the Haze: Insights from Indonesia’s Worst- hit Provinces”, featuring speakers from Riau, Jambi and Central Kalimantan who lived through the worst of the 2015 haze crisis. This brought the Singapore public closer to the hardships and sufferings in the affected provinces. The SIIA also jointly launched a public campaign “We Breathe What We Buy: XtheHaze” with WWF Singapore and PM.Haze to promote public support for sustainably produced palm oil.

The SIIA continues to be a leading media commentator on the issue of haze. The SIIA had provided insights on the complex nature of the issue and suggested policy directions in media outlets such as Bloomberg, MediaCorp TV, The Straits Times and others. The SIIA submitted seven commentaries in 2015, which were published in newspapers including TODAY, Jakarta Post and The Nation. The SIIA also contributed a book chapter, a magazine article and a journal article to key environmental publications in the past year.

Please refer to Appendix D for the full list of 2015 Research and Publications.

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INTERNATIONAL 1. Future 50 (F50) On the 9th of August 2015, Singapore marked its 50th anniversary as an independent city-state. In anticipation of this milestone, the SIIA created the Future50 (F50) programme in 2013 to map out “The 50 Year Future for Singapore in Asia and the World” via a series of panels and dialogues on geopolitics, economics, society and the environment. F50 culminated in a final report that was released in June 2015, bringing together perspectives from speakers and discussion group participants gathered over the two-year programme along with original research and analysis.

F50 sessions in 2015 were held as part of the nationwide SG50 celebrations, appearing on the official calendar of events and bearing the SG50 ‘red dot’ logo. However, the aim of F50 was to look beyond the historic date and consider what the next 50 years holds for Singapore – assessing the challenges and opportunities ahead.

As Singapore will always be affected by regional and global developments, the programme examined issues that were both domestic and international – such as the impact of shifting international landscape of geopolitical rivalries and regional alignments.

F50 Events in 2015 Four F50 public lectures were held in 2015. To provide both ‘inside’ and ‘outside’ perspectives on key issues, the panels featured both Singapore-based and international commentators. Three of the public lectures were followed by breakout discussions where participants were able to share their views and engage further on the topics.

Speakers at the F50 sessions in 2015 included Mr Tan Chuan-Jin, Minister for Social and Family Development, Singapore, YB Khairy Jamaluddin Abu Bakar, Minister of Youth and Sports, Malaysia, Dr Dino Patti Djalal, Former Vice Minister of Foreign Affairs, Indonesia, as well as renowned academics and thought leaders from Singapore and beyond.

The F50 public lectures drew an audience size of 130-180 participants per session, 20% of which participated in the breakout discussion groups. All events were free and open to the public. The sessions received media coverage by Singapore news agencies, including Channel NewsAsia, TODAY, The Straits Times and Lianhe Zaobao.

Please refer to Appendix A for the full list of events.

F50 Website and Social Media The SIIA launched www.Future50.sg – an online platform to facilitate event registration and distribute the digital version of the F50 Report, along with related media.

Facebook advertising campaigns were conducted over the course of 2015 to raise awareness of the F50 programme and direct members of the public to the events.

In addition, a series of photos and brief quotes from 50 Singaporeans and residents, mostly young people, was

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published in the 50 days leading up to National Day 2015 under the hashtag #F50Daysto50 – this series consisted of artistic photos of interviewees, who shared about where they see themselves in 50 years and their hopes and dreams for Singapore over the same period.

F50 Report The F50 Report was released on 25 June 2015 as a 32-page full-colour A4 publication with limited print distribution, also available online in PDF. The report collects ideas and opinions from speakers, discussion group participants and other contributors, supplemented by original analysis from the SIIA and F50 Co-Directors, Mr Nicholas Fang and Dr Parag Khanna.

The SIIA and TODAY also produced a four-page feature published in TODAY on 25 June 2015 based on the F50 Report, focusing on selected central points from the full report - building stronger ties with our neighbours, sustaining prosperity, and defining the Singapore identity. A newspaper commentary authored by Dr Parag Khanna was also published in The Straits Times on 29 June 2015, making reference to F50 Report and event series. Content and charts from the report were also adapted by The Straits Times and Lianhe Zaobao in their coverage of the report release on 26 June 2015.

The F50 Report and related media can be downloaded at www.Future50.sg

2. Other International Activities F50 was the SIIA’s contribution to the SG50 celebrations, but the programme was also part of the SIIA’s broader goal to encourage people in Singapore to develop empathy and interest in helping shape a better world beyond Singapore’s shores. In his 2015 National Day Rally speech, Prime Minister Lee Hsien Loong stressed that Singaporeans need to keep up with developments in other parts of the world.

Global Citizens Singapore was unveiled by the SIIA at our annual dinner on 6 November 2015, as a new programme of work intended to build on these themes beyond Singapore’s SG50 year. Global Citizens Singapore hopes to provide outreach opportunities and platforms for people in Singapore to gain a deeper understanding of international affairs, becoming informed and cosmopolitan “global citizens”.

The programme aims to cultivate a cohort of young residents and citizens of Singapore with a passion for global issues, “As our world becomes ever empowering them as influencers and leaders. Global Citizens Singapore will reach out to young professionals, managers, more interconnected, the need executives and businessmen (PMEBs) in Singapore, the rising for citizens to be globally generation of young leaders who are now facing increasing minded becomes important. expectations to engage on complex questions such as poverty and inequality, entrepreneurship, sustainability and Situated at the crossroads of liveability, entrepreneurship, and our changing cultural the East, the SIIA believes it is landscape. vital for Singapore to build a

Planned events for 2016 include dialogues, networking and new generation of ‘global mentorship sessions, workshops, exhibitions and other citizens’.” activities that will strive to be “Sophisticated, Intelligent, Interactive and Accessible”. Events are intended to be - Nicholas Fang, Executive relevant to younger participants, examining international and Director, SIIA regional issues in a more accessible and engaging fashion. At the same time, the programme hopes to involve senior figures from various sectors as mentors, creating opportunities for influential and globally-minded people to share their expertise and knowledge.

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A Global Citizens in ASEAN Summit is also planned for 2016, bringing together young professionals and thought leaders from across the region to discuss what it means to be a global citizen and how individuals can work towards the betterment of society.

In addition to events, the SIIA aims to release publications and reports under the Global Citizens Singapore programme, including a report, a feature book, and media commentaries on current issues.

In conjunction with the launch of the new SIIA website in 2016, the SIIA also aims to ramp up online outreach, also including efforts to improve the SIIA’s use of social media.

MEMBERSHIP The SIIA continues its efforts to offer its members a variety of events where thought leaders and businesses come together to discuss local and regional issues.

To reach a wider ASEAN audience, the SIIA has organised meetings across the region. Building on the success of our flagship ASEAN and Asia Forum, the SIIA launched the ASEAN Myanmar Forum in Yangon.

To add value to its members, the SIIA offered corporate members exclusive meetings with prominent policy makers and business leaders in key ASEAN countries. For example, in March 2015, the SIIA held a private dinner with Thai DPM Mr. Pridiyathorn Devakula in Bangkok where we saw approximately 20 corporate members flying up specially for the evening. To ensure that members can access a diverse range of perspectives from high level representatives from key stakeholders, the SIIA put together a panel roundtable prior to dinner where experts shared their perspectives on issues pertaining to the Thai political and economic situation.

The SIIA also held its Annual Dinner in November 2015 where DPM Tharman Shanmugaratnam graced the evening as its Guest-of-Honour and shared his thoughts on key issues facing the world and our country. As a token of appreciation for their support towards the institute, a 1-year complimentary corporate membership was extended to companies who bought tables at the dinner.

Below are the membership figures from 1 January 2015 to 31 December 2015.

Membership Tier Total 2014 (inclusive of 2015 (not inclusive of Complimentary complimentary complimentary members 2015 members) members) Roundtable 14 14 - Corporate 66 53 18 Premium Individual 6 8 - Ordinary 83 50 33 Associate 46 34 8 Total 215 159 59

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ADVISORY Tapping on its extensive network of experts based in Singapore and throughout the Asia-Pacific region, the SIIA provides advisory services to leading Multinational Corporations (MNC) based in Singapore and overseas.

In 2015, the SIIA was commissioned by a leading Japanese MNC to provide detailed analysis on Asia’s evolving political and economic landscape and its implications on investment strategies in the region. Areas of analysis included Thailand’s political climate after the coup, India’s economic and foreign policy priorities under Prime Minister Modi, potential outcomes of Singapore’s General Elections and its implications for foreign businesses in Singapore. The SIIA also provided analysis on emerging trends in Asia’s political economy and evaluated the opportunities and challenges they presented to the client.

A leading European consultancy firm also commissioned the SIIA to evaluate President Joko Widodo’s political and economic policies and its impact on foreign business in Indonesia, especially with respect to Chinese investment flows into the country. The SIIA evaluated the archipelago’s long-term economic growth trajectory and highlighted the country’s sectors and industries that showed the greatest potential for growth and investment opportunities. The SIIA did a comprehensive analysis on the country’s overall economic and political environment and conducted sectorial analysis on the key industries which interested Chinese investors.

This year the SIIA aims to expand its advisory services and provide insights that reflect the diverse perspectives and outlooks in Asia and beyond to leading international and regional businesses.

Please refer to Appendix E for the full list of Advisory services.

MEDIA In 2015, over 20 commentaries from the SIIA were published in newspapers in the region including TODAY, The Straits Times, The Nation, China Daily, Jakarta Post, Japan Times and South China Morning Post. The topics range from the passing of the late Mr Lee Kuan Yew, regional trade agreements, ASEAN Economic Community and centrality, Myanmar’s political opening, transboundary haze pollution, Singapore’s general elections, and projections for Singapore’s future.

The SIIA Chairman Simon Tay and the SIIA’s network of fellows are highly sought after for their views on the political, economic and environmental issues in the region, and are widely quoted in various media outlets. These include The Economist, The New York Times, BBC, CNBC, Bloomberg and Channel News Asia.

From flagship forums such as the ASEAN and Asia Forum (AAF) and the Singapore Dialogue on Sustainable World Resources (SDSWR), to the public dialogues, haze roundtable, haze exhibition and many other in- house expert panels, the SIIA events have received strong coverage throughout the years. An hour-long feature programme on sustainable resource development, where the SDSWR was featured, was also broadcast on Channel NewsAsia.

In addition to traditional print and broadcast media, the SIIA has focused on increasing its social media presence, through the use of Facebook and Twitter. Our flagship forums utilises social media handles, such as ‘#SWR2015’ and ‘#8AAF2015’, to engage with speakers and participants in real-time. Event photos, commentaries, as well as relevant articles pertaining to SIIA’s research areas, are shared on both social media streams, to increase engagement and accessibility to the institute.

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FINANCE The SIIA’s funding sources of Income are derived from the following avenues: 1. Sponsorships 2. Donations 3. Research 4. Consultancy/ Advisory Services 5. Membership Subscriptions

In 2015, the SIIA held 5 major events, namely the 2nd Sustainable World Resources, the 8th ASEAN & Asia Forum 2015, the 2015 Haze Working Group and Public Seminar, the F50 Event Series and the Annual Dinner. This resulted in an increase in sponsorships and donations. However, income from consultancy/ advisory and research was lower compared to the previous year, an area which the SIIA would have to work on in 2016. As for membership subscriptions, it has remained constant.

Total collections for 2015 from all sources amounted to S$2,311,914.

As a result, the SIIA ended Financial Year 2015 with a healthy surplus. To ensure that the SIIA continues to attract and retain talent, a part of this surplus was used to pay staff bonuses that were comparable to market rates

Total resources expended for the year amounted to S$2,274,206 and achieved a surplus of S$37,708.

Please refer to the attached audited financial statements.

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GOVERNANCE 1. Endowment Fund The Singapore Institute of International Affairs Endowment Fund is approved as an Institution of a Public The SIIA is the only Singaporean think Character (IPC) under the Charities Act. The Ministry of Culture, Community and Youth (MCCY) has approved the tank ranked in categories Endowment Fund’s renewal as an IPC for three years from Transparency and Good Governance, 1st September 2013 – 31 August 2016. The SIIA will Transdisciplinary Research, External submit its renewal for its IPC status in April 2016. Relations or Public Engagement The Endowment Fund is governed by the Trustees, as Program, and the Use of the Internet listed in Appendix C.

Donations received for the Endowment Fund are channelled directly to the fund. Each donation enjoys a tax deduction of 3 times the donated amount for the calendar year (i.e. 1 January 2015 to 31 December 2015).

Please refer to Appendix B for the full list of donors and sponsors secured from 1 January 2015 to 31 December 2015 and details of the endowment fund are listed on page 3 of the audited financial statements.

2. SIIA Reserves Policy As a matter of practice, the Executive Council monitors the Cash at Bank for operational use on a monthly basis and is satisfied with the level maintained. In 2015, the SIIA continues to increase its reserves to cover eleven months of its operational expenses ensuring the stability of its mission, programs, employment and ongoing operations of the institute.

The challenge ahead for the SIIA is to boost its level of unrestricted Reserves balance to ensure that they are sufficient to fulfil its on-going and forecasted obligations.

Please refer to attached Financial Statements for Reserves Position.

3. Declaration of Conflict of Interest To mitigate the threat of conflicting interest, all Council members are required to declare any personal or vested interest in business transactions, contracts and/ or joint ventures that the Singapore Institute of International Affairs may enter into at the start of their term of office and as soon as such a conflict, or the possibility of such conflict, arises.

For paid Employees and Related Parties, the Human Resource Policy Handbook clearly stipulates the need to declare any actual or potential conflicts of interest to the Chairman or the Executive Committee.

When a conflict of interest situation arises, the Council Member, Employee or Related Party shall abstain from participating in the discussion, decision making and/ or voting on this matter.

4. Annual Audit The accounts for the year were audited by BDO LLP, Public Accountants and Certified Public Accountants. The financial statements of the Singapore Institute of International Affairs for the year ended 31 December 2015 were prepared in accordance with the Singapore Financial Reporting Standards.

Please refer to the attached audited financial statements.

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3. LEADING THE WAY

Advisors

Trustees Friends

SIIA Elected Council

Executive Committee

The work of the institute is guided by an elected Council, and by a small group of trustees, advisors and friends. The present Chairman of the SIIA is Professor Simon SC Tay, a professor of law at the National University of Singapore, and Senior Consultant of WongPartnership LLP. The SIIA’s founders include academics and enthusiasts, among them Professor Tommy Koh, Ambassador-at-Large. From the 1980s to the early 1990s, the SIIA was chaired by Dr Lau Teik Soon, former Member of Parliament who helped start the influential ASEAN Institutes of Strategic and International Studies network (ASEAN-ISIS), of which the SIIA is a founding member. In 2005, Former President S.R. Nathan became the SIIA’s first Honorary Member; in 2013, the SIIA was proud to recognize its first Life Members – Messrs Chandra Das, Lau Teik Soon and Philip Ng at our 50th Anniversary Fundraising Dinner and in 2014, the SIIA welcomed JY Pillay as our Honorary Member at the Annual Dinner.

The current Council was elected in 2015 for a two-year term (2015-2017), with Associate Professor Simon Tay as Chairman, Dr Yeo Lay Hwee as the Honorary Secretary and Mr Yeoh Oon Jin as Honorary Treasurer.

A full list of the Council, Advisors and Friends of the SIIA are listed in Appendix C.

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4. OUR TEAM AND SECRETARIAT No. of Staff at the End of the Year

Fiscal 2015 16 Fiscal 2014 14 Fiscal 2013 12

To support SIIA’s enhancement of offerings, headcount increased to 16 – with a focus on recruiting high quality talent to drive stronger performance and improve deliverables to members. In 2015, there was also an intake of interns from varying backgrounds to assist in our ASEAN-Myanmar Forum and other events.

Below is the SIIA’s organization chart as well as the secretariat listing.

Management Communication, Events & Membership Executive Director Mr Nicholas Fang Chief of Staff Ms Connie Wong

Associate Council Mr Les Buckley Manager - Events & Ms Michelle Moakes Member In-charge of Marketing Marketing Head of Marketing & Ms Regina Ng Engagement Executive - Media, Ms Jannah Cheang Membership and Marketing Executive – Events and Ms Fidelis Lee Marketing Executive – Events and Ms Felicia Fan Marketing Finance & Administration Policy Research & Public Education Director Ms Daphne Lee Director, Policy Programs Ms Lee Chen Chen

Senior Executive Ms Marion Grace Deputy Director, Ms Theresa Wong Lim Sustainability and Global Affairs Personal Assistant and Ms Neni Farahin Assistant Director, Policy Ms Cheryl Tan Executive, Research (ASEAN) and Administration Media Assistant Director - Ms Cheong Poh Kwan Sustainability Assistant Director, New Mr Aaron Choo Media and Publications Executive – ASEAN Ms Sivashangari D/O Kiruppalini Executive - Sustainability Ms Lau Xin Yi

In compliance with the Charities Governance Act, in 2015 none of our top three highest paid staff receives more than $100,000 in annual remuneration each.

Furthermore, none of the Council, Advisors, Friends and Trustees received remuneration for their contributions.

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5. APPENDICES APPENDIX A: SIIA EVENTS CALENDAR

1ST JANUARY TO 31ST DECEMBER 2015 JANUARY 2015 23 Go-To-Think Tank Launch Speakers: Prof. Simon Tay, Chairman, SIIA; Geopolitics 2015: What to Watch Out For Mr. Lye Liang Fook, Assistant Director, EAI; and Dr. Tan See Seng, Assoc. Prof, Deputy Director and Head of Research, IDSS

FEBRUARY 2015 4 New Year’s Party Speakers: Amb. Haruhisa Takeuchi, Ambassador of Japan to Singapore; Eunice Olsen, Former Nominated Member of Parliament and Philanthropist

10 SIIA Seminar Series: The South China Sea: The Struggle Speaker: Mr. Bill Hayton, Author of “The for Power in Asia South China Sea: The Struggle for Power in Asia”, and longtime reporter for BBC

12 Annual Members Circle: Beyond 2015: What’s Next for Singapore?

25 F50: Power and Wealth – What History Can and Can’t Speakers: Peter Ho, Senior Advisor, Centre Tell Us for Strategic Futures; Dr. Matthew Burrows, Director, Strategic Foresight Initiative, Atlantic Council

MARCH 2015 2 Private Meeting with Christina Figueres, Executive Secretary, United Nations Framework Convention on Climate Change (UNFCC)

12 Private Meeting and Dinner with Mr. Pridiyathorn Devakula, Deputy Prime Minister, Kingdom of Thailand

23 2nd ASEAN – Myanmar Forum

31 F50: China in Asia – The Past, Future, and Singapore’s Speakers: Prof. Wang Gungwu, Chairman, Responses East Asian Institute; Dr. Xiao Geng, Senior Fellow, Fung Global Institute, China

APRIL 2015 8 SIIA Seminar Series: Modi’s Act East Policy – Towards Speaker: Dr. Kanti Bajpai, Vice Dean a New Equilibrium in Asia (Research) and Wilmar Professor on Asian Studies, Lee Kuan Yew School of Public Policy, National University of Singapore

23 F50: Connecting Singapore and Our Neighbours: Speakers: Mr. Khairy Jamaluddin, Minister Competition, Cooperation, Integration for Youth and Sports, Malaysia; Dr. Dino Patti Djalal, Former Vice Minister of Foreign Affairs, Indonesia

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MAY 2015 13 1st Singapore Dialogue on Sustainable World Resources Sustainability: A New Profit Driver?

13 Haze Roundtable: Eye in the Sky – Has it Been Effective? 13 Exhibition: Haze – Know It. Stop It.

JUNE 2015 25 F50: Singapore Society and Emerging Challenges Speakers: Mr. Tan Chuan-Jin, Minister of Social and Family Development; Mr. Nicholas Fang, Executive Director and F50 Co-Director, SIIA; Dr. Parag Khanna, Associate Fellow and F50 Co-Director, SIIA; Dr. Cherian George, Associate Professor, Hong Kong Baptist University

JULY 2015 22 SIIA Seminar Series: What is USA’s Role in Asia’s New Speaker: Dr. Evan Feigenbaum, Vice Order Chairman, Paulson Institute

25- Exhibition: Haze – Know It. Stop It. @ City Square Mall, Singapore 26 30 Lunch Dialogue “Is the TPP the Only Strategic Form of American Re-engagement with the Region?” with Mr. James Lindsay, Senior Vice President, Director of Studies, and Maurice Greenberg Chair, Council of Foreign Relations

AUGUST 2015 31 Corporate Briefing: Remaking Myanmar – Politics and Speaker: U Soe Win, Advisor for Economic Business Post 2015 Policy, National League of Democracy (NLD), Myanmar

SEPTEMBER 2015 3 Corporate Briefing: General Elections – What’s Next Speaker: Mr. Nicholas Fang, Executive for Singapore? Director, SIIA; Editor, Channel NewsAsia

5 – Exhibition: Haze – Know It. Stop It. @ The Science Center, Singapore 7 23 Seminar Series: The 2016 U.S. Presidential Race – An Speaker: Mr. Frank Lavin, CEO, Export and Inside View Former U.S. Ambassador to Singapore OCTOBER 2015 1 8th ASEAN & Asia Forum Shaking Up Asia: An Eye on the Future of Business in the Region

16- Exhibition: Haze – Know It. Stop It. @ NEX Mall, Singapore 18 NOVEMBER 2015 6 SIIA Annual Dinner & Global Citizens Singapore Launch Passport to the World – Now Boarding: Global Citizens

23 Haze Tracker Working Group Meeting

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23 Seminar Series: Fighting the Haze – Insights from Mr. Koni Samadhi, Country Director Indonesia’s Worst-Hit Provices (Indonesia), World Resources Institute; Mr Prayoto Sikumbang, Former Section Head of Rehabilitation and Protection of Forests, Forest Management Unit (FMU) Model Tasik Besar Serkap, Provincial Forestry Service (Riau); Mr Maturidi, Journalist, Kalteng Pos (Central Kalimantan); Mr Feri Irawan, Activist, Sawit Watch (Jambi)

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APPENDIX B: 2015 DONORS AND SPONSORS

SIIA gratefully acknowledges the generous Individuals, Corporates and Foundations that support our efforts. The following list comprises the donations and sponsorships received during FY 2015.

CORPORATE DONORS/ SPONSORS INDIVIDUAL DONORS

Ascendas-Singbridge Pte Ltd Joseph Mark GARLINGHOUSE Asia Resource Corporation Pte Ltd Alan GOEI Beng Kiong Binjai Tree GOH Joon Seng Borneo Motors (S) Pte Ltd Johann Heinrich JESSEN Citi Singapore LAM Peck Heng City Developments Limited Lauren POWER Economic Research Institute for ASEAN and East Asia (ERIA) Rajgopal RAJKUMAR ExxonMobil Asia Pacific Far East Organization Haw Par Corporation Limited Hong Kong Economic and Trade Office (HKETO) Hyflux Ltd JETRO Singapore Keppel Corporation Limited KPMG LLP Lee Foundation LGT Bank (Singapore) Ltd MCL Land Ltd Olam International Limited Oversea-Chinese Banking Corporation Limited Parkway Pantai Limited PriceWaterhouseCoopers LLP PrimePartners Corporate Finance PSA International Pte Ltd SC Global Developments Pte Ltd Shangri-La Hotel Limited Singapore Telecommunications Ltd Standard Chartered Temasek Holdings Pte Ltd United Overseas Bank Limited Wing Tai Holdings Limited WongPartnership LLP

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APPENDIX C: COUNCIL, HONORARY & LIFE MEMBERS, ADVISORS, FRIENDS, TRUSTEES AND PATRONS SIIA COUNCIL 2015-2017

EXECUTIVE Mr Simon SC TAY – Dr YEO Lay Hwee Mr YEOH Oon Jin COMMITTEE Chairman Honorary Secretary Honorary Treasurer

A/Prof., National Director, EU Centre in Executive Chairman, University of Singapore; Singapore PriceWaterhouse Coopers Senior Consultant, LLP WongPartnership LLP

COUNCIL MEMBERS Mr Manu BHASKARAN Mr Nizam ISMAIL Mr Gerald ONG Director and CEO, Partner, RHTLaw Taylor Chief Executive Officer, Centennial Asia Advisors, Wessing LLP PrimePartners Corporate Singapore Finance Pte Ltd

Mr Adam Abdur Mr Raj RAJKUMAR Ms ZHANG Ting Jun RAHMAN Partner, Symphony Asia Executive Director, Managing Director, Citi Holdings Pte Ltd Mercy Relief Singapore

ASSOCIATE MEMBERS Dr Les BUCKLEY Ms Penelope-Ann BURTT Prof James TANG Vice President, Dean School of Social Government Affairs, Visa Science, Singapore Worldwide Pte Limited Management University

ALTERNATIVE COUNCIL Dr. Reuben WONG MEMBER A/Prof., Department of Political Science, National University of Singapore

HONOURARY Mr S R NATHAN, 6th Prof Tommy KOH, Mr J Y PILLAY MEMBERS President of Singapore Ambassador-At-Large Council of Presidential Advisers LIFE MEMBERS Mr S Chandra DAS Dr LAU Teik Soon Mr Philip NG Managing Director, Nur Lau Teik Soon & CEO, Far East Investments & Trading Associates Organization Pte Ltd

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ADVISORS FRIENDS TRUSTEES PATRONS Mr Jonathan ASHERSON Mr. Jose Isidro N. "Lito" Ms Euleen GOH Lee Foundation Regional Director ASEAN & CAMACHO Board Member, DBS Group Pacific, Rolls-Royce Managing Director and Holdings & DBS Bank Singapore Pte Ltd Vice Chairman, Credit Suisse Asia Pacific

Mr Gautam BANERJEE Mr Alan CHAN Mr HSIEH Fu Hua Chairman, Blackstone Chairman, Petroships Chairman, United Singapore Pte Ltd Investments Overseas Bank Group

Mr Tony CHEW Mr S Chandra DAS Mr Simon TAY Executive Chairman, Asia Managing Director, Nur A/Prof., National Resource Corporation Pte Investments & Trading University of Singapore; Ltd Pte Ltd Senior Consultant, WongPartnership

Mr Ray FERGUSON Mr HO Kwon Ping Group Chief Banking Officer, President & CEO, Banyan Arab Banking Corporation Tree Hotels & Resorts

Mr HSIEH Fu Hua Mr S ISWARAN Chairman, United Overseas Minister (Industry), Bank Group Ministry of Trade and Industry

Ms Kay KUOK Mr LEE Hsien Yang Executive Chairman, Special Advisor, General Shangri-La Hotel Limited, Atlantic Singapore Fund Singapore Management Pte Ltd

Mr KWEE Liong Seen Mr Philip NG Executive Director, Pontiac CEO, Far East Land Group Organization

Ms Olivia LUM Mr OW Chio Kiat Group CEO & President, Chairman, Stamford Hyflux Ltd Land Corporation Ltd

Mr TONG Chong Heong Mr Peter SEAH Senior Adviser, Keppel Chairman, DBS Group Offshore & Marine Ltd Holdings and DBS Bank

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APPENDIX D: 2015 RESEARCH & PUBLICATIONS LISTINGS

A. COMPLETED RESEARCH PROJECTS 1. Future 50 (F50): The 50 Year Future for Singapore in Asia and the World.

2. ERIA Research Project 2013 on 'ASEAN Economic Community (AEC) Scorecard Phase IV: Furthering the implementation of AEC Blueprint Measures'.

3. Regulatory Coherence: The Case of Singapore. ERIA, November, 2015.

B. ONGOING RESEARCH PROJECTS 1. Politics and Economic Policies Under Jokowi: Prospects for Foreign Investment in Indonesia (SIIA Advisory Report).

2. Indonesia's Burning Issues: Next Steps for Post-2015 (SIIA Policy Brief).

3. Mapping Indonesia's Palm Oil Sustainability Commitments: Gaps, Challenges and Recommendations (SIIA Special Report).

C. RESEARCH PUBLICATIONS i. Conference papers & Conference Highlights Lorenzo Chelleri, Kua Harn Wei (et al.). 'Exploring the User-Driven Implications in Building Urban Sustainability and Resilience: Lessons From OURS CITIES Global Network Study Cases' at 8th Conference of the International Forum on Urbanism (IFoU), 22-24 June 2015, Incheon, Korea.

ii. Special Reports & Policy Briefs SIIA. 'Strengthening ASEAN Institutions for AEC 2015 and Beyond'. SIIA Policy Brief, January 2015.

SIIA. 'ASEAN Centrality in the Regional Architecture'. SIIA Policy Brief, January 2015.

Nicholas Fang and Parag Khanna (eds.). Future50: The 50 Year Future for Singapore in Asia and the World. Singapore: SIIA, June 2015.

Simon S.C. Tay and Cheryl Tan. 'Myanmar's Financial Sector Supporting the Country's Economic Growth'. SIIA Special Report, July 2015.

Simon S.C. Tay and Sivashangari Kiruppalini. 'Moving Ahead with the ASEAN Economic Community: Business Initiatives Across Borders'. SIIA Special Report, October 2015. iii. Book Chapters, Publications, Journals and Working Papers A/Prof. Simon TAY . Simon S.C. Tay and Cheong Poh Kwan 'Island in the World: (Chairman of the SIIA) Singapore's Environment and the International Dimensions'. In Tan Yong Soon (ed.) 50 Years of Environment: Singapore's Journey Towards Environmental Sustainability. Chapter 10. pp. 221-244.

. 'Transboundary pollution in a global economy: general principles and problems in practice". In S. Jayakumar et al. (ed.) Transboundary Pollution: Evolving Issues of International Law and Policy. Chapter 2,

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pp. 36-50.

. 'If the Haze lasts 50 Years'. In Euston T.E. Quah (ed.) Singapore 2065: Leading Insights on Economy and Environment from 50 Singapore Icons and Beyond. pp. 230-235.

Ms Lee Chen Chen . ‘Mobilizing Mass Efforts to Fight the Haze in Southeast Asia’. Thinking (Director, Policy Programs) ASEAN, Issue 5, November 2015, pp. 4-6. and Ms Lau Xin Yi (Executive, Sustainability)

Dr CHIA Siow Yue (Senior . Chia Siow Yue and Michael G. Plummer. ASEAN Economic Research Fellow of the SIIA) Cooperation and Integration: Progress, Challenges and Future Directions. Cambridge: Cambridge University Press.

. 'Emerging Mega-FTAs: Rationale, Challenges, and Implications', Asian Economic Papers, Vol. 14, No. 1, Winter/Spring 2015, pp. 1-27.

. 'Victory in War and Defeat in Peace: Politics and Economics of Post- Conflict Sri Lanka', Asian Economic Papers, Vol. 14, No. 3, Fall 2015, pp. 56-58.

. 'Globalization and Regionalization: Singapore's Trade and FDI'. The Singapore Economic Review, Vol. 60, Issue 03, August 2015.

. Chia Siow Yue and Sanchita Basu Das. 'The AEC Beyond 2015: Implementation and Challenges for Singapore', Journal of Southeast Asian Economies (JSEAE), Vol. 32, No. 2, August 2015, pp. 239-259.

. 'Singapore’s five decades of development: lessons and future directions', Philippine Review of Economics, Vol. 52, No. 2 (2015).

Evelyn GOH (Research . 'China’s Power in the Regional Context (II): Southeast Asia'. In Jae Ho Fellow of the SIIA) Chung (ed.) Assessing China’s Power. New York: Palgrave Macmillan, Chapter 10, pp. 207-227.

Natasha HAMILTON-HART . Richard W. Carneya & Natasha Hamilton-Hart. 'What Do Changes in (Associate Research Fellow Corporate Ownership in Indonesia Tell Us?', Bulletin of Indonesian of the SIIA) Economic Studies, Vol. 51, Issue 1, 2015, pp. 123-145.

. Natasha Hamilton-Hart and Dave McRae. Indonesia: Balancing the United States and China, Aiming for Independence. Sydney: United States Studies Centre, The University of Sydney.

. 'Multilevel (mis)governance of palm oil production'. Australian Journal of International Affairs, ‘Special Issue: The contested rescaling of economic governance in East Asia’, Vol. 69, Issue 2, pp. 164-184.

Parag KHANNA . Ayesha Khanna and Parag Khanna. 'Generative Cities: Innovative, Sustainable, Inclusive'. In Daniel Araya (ed.) Smart Cities as

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Democratic Ecologies. Basingstoke and New York: Palgrave Macmillan, Chapter 3, pp. 35-41.

KUA Harn Wei (Research . Lye Lin Heng, Victor R. Savage, Kua Harn Wei et al. (eds.). Fellow of the SIIA) Sustainability Matters: Environmental and Climate Changes in the Asia-Pacific. Singapore: World Scientific.

. Joseph Sarkis, Kua Harn Wei et al. 'Helping to build a sustainable future through the greening of industry and its networks: knowledge sharing and action promotion'. Journal of Cleaner Production, Vol. 98, July 2015, pp. 8–16.

. 'Action research for coherently integrated sustainability policy design and implementation'. In Matthias Ruth (ed.) Handbook of Research Methods and Applications in Environmental Studies. Cheltenham and Northampton: Edward Elgar, Chapter 8, pp. 177-193.

LIM Chin Leng (Research . 'Overcoming the Geneva Impasse: How Regional Trade Agreements Fellow of the SIIA) Can Help Global Trade'. OMFIF Bulletin, Vol. 6, Issue 4.

Dr. Hank LIM Giok Hay . Hank Lim and Aaron Choo. 'The Use of Free Trade Agreements by (Senior Research Fellow of Manufacturing'. In L.Y. Ing and S. Urata (eds.) The Use of FTAs in the SIIA) ASEAN: Survey-based Analysis, ERIA Research Project Report 2013-5. Jakarta: ERIA, Chapter 10, pp.215-242.

. Hank Lim, Bernard Aw and Loke Hoe Yeong. 'AEC Scorecard Phase IV: Furthering the Implementation of the AEC Blueprint Measures, The Singapore Country Report'. ERIA Discussion Paper Series, ERIA-DP- 2015-47, June 2015.

. Willem Thorbecke, Biswa Nath Bhattacharyay, Hank Lim, et al. 'Rebalancing Production'. In Masahiro Kawai, Jong-Wha Lee (eds.) Rebalancing for Sustainable Growth: Asia’s Postcrisis Challenge. Tokyo: Springer, Chapter 4, pp 103-142.

. David G. Mayes , Peter J. Morgan and Hank Lim. 'Deepening the Financial System'. In Masahiro Kawai, Jong-Wha Lee (eds.) Rebalancing for Sustainable Growth: Asia’s Postcrisis Challenge. Tokyo: Springer, Chapter 6, pp 179-219.

. 'Investing in Workers and Firms as Learning Centres for Industrial Upgrading'. ERIA Discussion Paper Series, ERIA-DP-2015-84, December 2015.

. Shandre M. Thangavelu, Christopher Findlay and Hank Lim 'FDI liberalisation, free trade agreements and greater regionalism in Asia and ASEAN'. In Christopher Findlay (ed.) ASEAN and Regional Free Trade Agreements. Abingdon & New York: Routledge, Chapter 4, pp. 96-114.

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Mahdev MOHAN (Associate . 'Corporate Accountability in Southeast Asia: National Action Plans for Research Fellow of the SIIA) Responsible Business Conduct under International Law'. Journal of East Asia and International Law, Vol.8 No.1, May 2015, pp. 9-28.

. Mahdev Mohan and Jaya Anil Kumar. 'Bilateral Investment Treaty Interpretation: An “Internationalist Spirit” tempered by Context – Government of the Laos People’s Democratic Republic v Sanum Investments Ltd'. Singapore Law Watch Commentary, Issue 3, Mar 2015.

Dr YEO Lay Hwee – . Yeo Lay Hwee and Barnard Turner (eds.). 50 Years of Singapore- (Director of EU Centre and Europe Relations, Celebrating Singapore's Connections with Europe. Council Secretary & Senior Singapore: World Scientific. Research Fellow of the SIIA) . '50 Years of Singapore's Connections with Europe'. In 'Singapore@50, Reflections and Observations', NUSS Commentary, Vol 24, 2015, pp. 117-123.

. 'The EU and ASEAN – Seeking a New Regional Paradigm'. In Louis Brennan and Philomena Murray (eds.) Drivers of Integration and Regionalism in Europe and Asia. Abingdon and New York: Routledge, Chapter 16, pp. 270-288.

iv. Editorials and Commentaries A/P Simon Tay (Chairman of . 'Issues to ponder as Budget looks to the future'. TODAY, 23 February the SIIA) 2015

. 'The real value of a Japanese apology'. South China Morning Post, 7 May 2015. Also published by The Nation on 8 May 2015 under the title "If Japan COULD REALLY say sorry".

. 'Focus on the future in this SG50 election'. TODAY, 27 August 2015. Also published by The Malaysian Insider on 27 August 2015.

. 'Seeing Indonesia through the haze'. TODAY, 9 October 2015. Also published by The Jakarta Post on 10 October 2015 and The Nation on 14 October 2015.

. 'Global, regional order under pressure, and changing'. TODAY, 30 December 2015. Also published by The Malaysian Insider on 1 January 2016.

. ‘How both domestic politics and great power competition will shape ASEAN’S fortunes in 2016’. South China Morning Post, 31 December 2015.

A/P Simon Tay (Chairman of . ‘Lee Kuan Yew’s View on Europe’. TODAYOnline, 23 March 2015. the SIIA) and Dr Yeo Lay Hwee (Director of EU

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Centre and Council Secretary & Senior Research Fellow of the SIIA)

A/P Simon Tay and Mrs . 'Jokowi makes shaky start, but promise still holds'. TODAY, 28 January Jennifer Quick (Former 2015. Also published by The Malaysian Insider on 28 January 2015 and Deputy Director, by The Nation on 4 February 2015 under the title "Judging Jokowi's International Programs) baby steps".

A/P Simon Tay and Ms . 'Tackling haze: Look beyond words to action taken'. TODAY, 11 March Cheong Poh Kwan 2015. Also published by the Malaysian Insider on 11 March 2015 and by (Assistant Director, The Nation on 14 April 2015 under the title "Tackling haze: Words and Sustainability) action".

A/P Simon Tay and Ms . 'Politics, economics go hand in hand in Myanmar’s opening'. TODAY, 13 Cheryl Tan (Assistant March 2015. Also published by the World Affairs Journal on 13 March Director, Policy Research 2015 and by The Myanmar Times on 18 March 2015 under the title (ASEAN)) "The Political and Economic Challenges of Myanmar's Future". An earlier version of the commentary was also published in The Nation (Thailand) on 4 March 2015 under the title "Betting on Myanmar's Opening".

A/P Simon Tay and Ms . 'All the world was his stage'. TODAY, 23 March 2015. Also published by Denyse Yeo (Former Editor Channel NewsAsia on 23 March 2015, and excerpts quoted by The of the SIIA) Standard (Hong Kong) on 23 March 2015 under the title "(Lee Kuan Yew 1923-2015) The Grand Master".

A/P Simon Tay and Ms . 'Can ASEAN maintain central role in the region?'. TODAY, 22 April 2015. Shangari Kiruppalini (Executive, ASEAN) . 'New demands in engaging China'. TODAY, 5 November 2015.

A/P Simon Tay and Ms Lau . 'Confusion clouds regional cooperation to fight haze'. TODAY, 4 Xin Yi (Executive, September 2015. Also published by The Malaysian Insider on 7 Sustainability) September 2015.

. 'Getting firms to take responsibility for the haze'. TODAY, 20 October 2015. Also published by the Malay Mail Online on 20 October 2015, and The Malaysian Insider on 21 October 2015.

Mr Parag Khanna (Senior . 'Long Live Lee Kuan Yew’s Lion City'. Foreign Policy, 22 March 2015. Research Fellow of the SIIA) . 'A sunny island set in the Asian hinterland'. The Straits Times, 29 June 2015.

Ms Cheong Poh Kwan . 'Indonesia's One Map crucial for conflict-free development'. The (Assistant Director, Nation, 12 June 2015. Also published by TODAY on 18 June 2015. Sustainability) and Ms Lau Xin Yi (Executive, . 'Palm Oil: The Good, the Bad and the Coy'. ENVISION, Issue 9, Sustainability) November 2015.

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Ms Lee Chen Chen . 'Putting the brakes on haze financing'. TODAY, 30 October 2015. Also (Director, Policy Programs) published by The Malaysian Insider on 30 October 2015. and Ms Lau Xin Yi (Executive, Sustainability)

Ms Cheryl Tan (Assistant . ‘Making major-power rivalry work for ASEAN’. The Nation, 30 October Director, Policy Research 2015 (ASEAN)) and Ms Shangari Kiruppalini (Executive, ASEAN)

Dr Yeo Lay Hwee – . ‘ASEAN’s Strategy Towards the EU: A frame of reference, a partner and (Director of EU Centre and a challenge’ in Asian Countries’ Strategies Towards the European Union Council Secretary & Senior in an inter-regionalist Context, edited by Hungdah Su (Taipei: National Research Fellow of the SIIA) Taiwan University Press, 2015).

. YEO Lay Hwee and Margherita Matera. “The EU and ASEAN – Seeking a New Regional Paradigm” in Drivers of Integration and Regionalism in Europe and Asia: Comparative Perspectives, edited by Philomena Murray and Louis Brennan (London: Routledge, 2015).

. ‘Can ASEM remain relevant in the 21st Century’. EU Centre’s Commentary, September 2015.

. 'Asean and the constant gardener'. The Straits Times, 31 October 2015.

Ms Cheong Poh Kwan . 'To stop the haze, take aim at land policies'. TODAY, 20 November 2015. (Assistant Director, Also published by The Malaysian Insider on 20 November 2015. Sustainability)

D. ASEAN-ISIS AND INTERNATIONAL DIALOGUES AND CONFERENCES ATTENDED BY SIIA COUNCIL MEMBERS, RESEARCH FELLOWS AND ASSOCIATES

A/P Simon Tay 1. Abenomics - It's Focus and Further Challenges, Suntec Singapore Convention Centre, Singapore, 22 January 2015.

2. Accenture's ASEAN Futures Programme, Mandarin Oriental Singapore, Singapore, 26 January 2015. Speaker on ‘Insights on Political, Economic and Social Perspectives of our ASEAN Neighbors’.

3. Sleeping Again: Europe and the End of the Pax Americana, NUS Bukit Timah Campus, Singapore, 3 February 2015.

4. 12th Annual Asia Pacific Investor Conference 2015, Marina Bay Sands, Singapore, 10-12 February 2015 Keynote Speaker on ‘Geopolitics in the Asia-Pacific and ASEAN

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Community’.

5. Singaporean - German Chamber of Industry and Commerce Luncheon, Shangri-la Hotel Singapore, Singapore, 13 February 2015. Speaker on ‘Singapore as a Regional Hub: Prospects and Challenges Looking Ahead’.

6. Wharton Global Alumni Forum, Shangri-la Hotel Bangkok, Thailand, 13 March 2015. Speaker on ‘Asia’s Complementary and Competing Economic Collaborations’.

7. (Dis)integrating Asia?, French Institute of International Relations (Ifri), France, 17–20 March 2015. Speaker on ‘Competing visions of regionalization in Asia’.

8. Asean Integration Summit, Marina Mandarin Singapore, Singapore, 26 March 2015. Speaker on ‘Harmonising ASEAN amidst the patchwork of legal systems dividing the region’.

9. 7th World Water Forum, Gyeongju Hyundai Hotel, Korea, 14–16 April 2015. Member of the Water Council

10. World Economic Forum on East Asia, Shangri-la Hotel Jakarta, Indonesia, 19–20 April 2015. Moderator for ‘The Role of Think Tanks in Policymaking in East Asia’.

11. LGT - Princely Portfolio Conference in Singapore, Fullerton Hotel, Singapore, 21 April 2015.

12. Credit Suisse - Annual Global Megatrend Conference, W Hotel Singapore, Singapore, 21 April 2015. Speaker on ‘Urbanizing Asia: Potential in Developing Cities’.

13. 12th ASEAN Leadership Forum, Mandarin Oriental Kuala Lumpur, Malaysia, 26 – 27 April 2015 Speaker on ‘Developing the Post 2015 Vision – Enhancing Global Connectivity’.

14. Lecture for University Pelita Harapan - On "Trade & Environment", University Pelita Harapan, Indonesia, 4–5 May 2015.

15. AXA Rendez-vous, AXA Head Office, Singapore, 14 May 2015. Speaker on ‘Resilience - Fiction Coming True’.

16. Future Direction of the East Asia Summit, Millennium Seoul Hilton, Korea, 17–19 May 2015. Participant of the Roundtable Discussion

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17. United Nations Environmental Assembly (UNEA), UN Conference Centre, Thailand, 20–22 May 2015. Speaker on ‘Environment Rule of Law: Survey Roles in the Asia Pacific’.

18. Meet 21st Austria, Steigenberger Hotel Herrenhof, Austria, 26–29 May 2015.

19. The 14th IISS Asia Security Summit: The Shangri-La Dialogue, Shangri-la Hotel Singapore, Singapore, 29–31 May 2015.

20. 29th Asia-Pacific Roundtable, Hilton Hotel Kuala Lumpur, Malaysia, 1–3 June 2015. Speaker on ‘Surveying the Southeast Asian Political Terrain’.

21. AsianSIL Inter-sessional Regional Conference 2015, Plaza Athenee Bangkok, Thailand, 4–5 June 2015.

22. Asia Vision 21 Conference, Le Meridien Hong Kong, Hong Kong, 5–7 June 2015.

Speaker on ‘Developing ASEAN Connectivity & Integration Hub’.

23. Haze Fireside Chat and Transboundary Pollution Book Launch, Lee Kuan Yew School of Public Policy, Singapore, 12 June 2015. Speaker on ‘15th Session of CIL Fireside Chat Series: Transboundary Haze Pollution’.

24. Conference on Indonesia Foreign Policy, Grand Sahid Jaya Hotel, Indonesia, 12–13 June 2015. Speaker on ‘Is Indonesia ready for the ASEAN community 2015? How ready are other ASEAN members for AEC?’.

25. ASEAN Beyond 2015: Collaboration for Equitable Growth, Meliá Hotel, Hanoi, Vietnam, 22–23 June 2015. Moderator of ‘Beyond 2015’.

26. West Point All-Academies Asia Summit, Marina Bay Sands Hotel, Singapore, 25–26 June 2015. Panelist on ‘Setting the geopolitical stage - Asia today and in the future’.

27. CNA Business Insights 2015, Shangri-La Hotel Bangkok, Thailand, 29–30 June 2015. Speaker on ‘Mapping the Future - Pillars of Diversity’.

28. The Commemoration of the 48th ASEAN Anniversary & International Seminar on ‘The Dawn of ASEAN Community’, The Tide Resort , The Okura Prestige, Thailand, 7–8 August 2015. Speaker on ‘Opportunities and Challenges for ASEAN; Short-term and long-term’.

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29. ASEAN-ISIS Centrality Bali, Bali - Ganesha House, Indonesia, 14–17 August 2015.

30. The Economist - South East Asia Summit, The Westin, Kuala Lumpur, Malaysia, 19–21 August 2015. Speaker on ‘Banyan - Leading South-East Asia’.

31. Yale-NUS Model ASEAN 2015, Stephen Riady Auditorium 2, NUS Utown, Singapore, 28 August 2015. Panellist for ‘Opportunities and Challenges for ASEAN from 2015’.

32. CIIS and ASEAN ISIS Dialogue, Chengdu, China, 6 – 9 September 2015 Panellist for ‘Regional Security and New Type of Relationship between Countries’.

33. McCann Truth About Global Brands, Bloomberg, Capital Square, Singapore, Singapore, 10 September 2015. Keynote Speaker

34. LGT Global Forum, Vienna, Austria, 17–19 September 2015.

35. Wilmar Deforestation Conference, Rasa Sentosa Hotel, Singapore, 28– 29 September 2015. Keynote Speaker on ‘International cooperation - ASEAN agreement on Transboundary Haze Pollution’.

36. RSIS - Brookings Conference, Straits Ballroom, Fullerton Hotel, Singapore, 19 October 2015. Panellist for Southeast Asia and the Great Powers.

37. YPO-WPO Insights ASEAN Summit 2015, Fairmont Hotel, Jakarta, Indonesia, 28–30 October 2015. Panellist for ‘ASEAN Political Landscape: Enabler of Growth and Stability?’.

38. ASEAN-ISIS-IIR Research Exchange Visit, Ambassador Hotel, Taipei, Taiwan, 16–19 November 2015.

39. JEF - ERIA Asia-Pacific Forum 2015, Fairmont Hotel, Jakarta, Indonesia, 25-28 November 2015. Panelist for ‘A Decade of East Asia Summit and Economic Regionalism: How Can We Pursue Our Growth Strategy and Achieve Structural Reform?’.

Dr Yeo Lay Hwee 1. Moderator at Workshop on EU-Asia Relations, 6-7 February 2015, Jeju, organised by EU Centre, Yeung Nam University and Jeju University.

2. Attended 2nd ASEAN-EU STI Days, 17-19 March 2015, Paris, organised

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by SEA-EU Net and CNRS.

3. Panelist at the ASEM Symposium on the Future Direction of ASEM, 30 March 2015, Bangkok, organised by Thai Ministry of Foreign Affairs.

4. Speaker at CSCAP First Study Group Meeting on Preventive Diplomacy, 27-29 April 2015, Kuala Lumpur, organised by CSCAP Malaysia and CSCAP-EU.

5. Attended “Second Annual Symposium on EU-Asia Relations in Financial Services”, 27-29 May 2015, Hong Kong, organised by CEPS and ASIFMA.

6. Presented paper on National Security: Concept and Threat Perceptions: A Singapore Perspective at Berlin Conference on Asian Security 2015, 14-16 June 2015, Berlin, organised by SWP and KAS.

7. Moderator for Panel Discussion on “EU – ASEAN Action on Climate Change”, 18 June 2015, Brussels, organised by IFAIR and Hanns Seidel Foundation.

8. Speaker at the Asia-Europe Public Diplomacy Training Workshop, 24-27 August 2015, Bangkok, organised by Devawongse Varopakarn Institute of Foreign Affairs, DiploFoundation, ASEF and NCRE.

9. Panelist at Asia-Europe Think Tank Dialogue on “Rethinking International Institutions, Diplomacy and Impact on Emerging World Order”, 10-11 September 2015, The Hague, organised by Clingendael and KAS.

10. Book Launch and Panel Discussion on “50 Years of Singapore-Europe Relations”, 20 Oct 2015, Brussels, organised by EIAS and EUC

11. Panelist at Conference on “Drivers of Integration and Regionalism in Europe and Asia: Comparative Perspectives”, 21 October 2015, Brussels, organised by EIAS, TCD and University of Melbourne.

12. Attended ASEM Senior Officials Meeting, Luxembourg, Ministry of Foreign Affairs, Luxembourg and EEAS, 2-4 November 2015.

13. Speaker at First Meeting of KAS Global Strategic Advisory Group, Cadenabbia, 27-29 November 2015.

Dr Hank Lim 1. Regulatory Workshop, 20-21 April, 2015, Kuala Lumpur, organised by ERIA and New Zealand Institute of Economic Research (NZIER),

2. The Experts Group on RCEP workshop on 3 August, 2015, Jakarta.

3. Regulatory Management System Public Seminar, 29 September 2015, Jakarta, organized by ERIA, NZIER and ASEAN Secretariat.

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APPENDIX E: ADVISORY SERVICES

Global Geo-Political and Economic Overview 1. The global outlook and . The global outlook and key concerns Asia’s prospects . The emerging trends in the Asian economy and polity . Opportunities and challenges

2. Singapore in Asia and . How will Singapore maneuver in the new global environment to the world maintain its leadership position? . What are the key challenges posed by the evolving shift in economic and political power from West to East for small nation states in ASEAN and Asia?

3. The US-China . Will Asian countries need to choose sides in the relationship with relationship and China and the US? impacts on Asia . What will the US-China relationship mean for other emerging Asian powers and groupings like ASEAN?

4. Geopolitical conflict . What are the likely political risk trends and how will this shape the scenarios and risk in global security environment? Asia . What will the evolving landscape mean for investors from Asia?

Macro-Sector Surveys 1. Fiscal and monetary . Trends and tensions among the “big three” US, EU, China challenges

2. Emerging market . Global uncertainty and emerging markets patterns . Rising cross-trade/investment flows between emerging markets . Political risk and policy stability

3. Global infrastructure . World demand and Asia specific spending . Creating the conditions for infrastructure investment

Regional ASEAN and SE Asia 1. Political challenges and . ASEAN economic integration economic prospects in . Trends in selected markets Indonesia, Thailand, Malaysia, Southeast Asia and Myanmar ASEAN . Opportunities and challenges for Singapore

2. Understanding ASEAN . How it functions, works, and engages the private sector?

3. ASEAN Economic . What it is, where it is going, what it will become and how it is Community going to impact on the region and businesses?

4. ASEAN and Asia . How ASEAN is linked to other Asian economies by Free Trade Associations and other agreements? . How these links can be accessed by businesses?

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5. Country specific o Indonesia research o Malaysia o Thailand o Myanmar o Singapore

Singapore 1. A new Singapore: . Domestic political outlook, media issues, sports, art and culture politics and emerging development policies

2. Singapore’s economic . The domestic economy prospects and policies

Public Concerns and Private Corporations 1. Governance and risk, . What role will governments in Asia play in increasing awareness human rights and and championing of human rights? corruption . Corruption is still a major stumbling block for many Asian nations seeking international investment. How will this change in the next 50 years?

2. Environmental concerns . As Asia continues its upward growth trajectory, how will countries in Asia balance the need to minimize the detrimental impact on the environment by major industrial giants like China and India? . The challenge of creating and sustaining cities in Asia

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