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CACCI Profile Confederation of Asia-Pacific Chambers of Commerce and Industry CACCI Profile Confederation of Asia-Pacific Chambers of Commerce and Industry Vol. XLVI, No. 8 August 2020 In this Issue: Virtual 34th CACCI Conference Scheduled for October • Virtual 34th CACCI Conference Scheduled for October ................ ......................................... 1 • Deadline for CACCI Foundation Project Proposal submissions Extended to August 31 ............................................................. 1 • CACCI Secretariat Holds Videocon with FICCI on Virtual 34th CACCI Conference Preparations ......................................................... 2 • ABA holds Virtual Conference on “Managing Business Continuity and Recovery During COVID-19 and Beyond”................................................................ 2 The Confederation of Asia-Pacific Chambers of • News Updates ................................. .................. 3 Commerce and Industry (CACCI) is pleased to announce that • Member Personalities ...................................... 16 the virtual 34th CACCI Conference will be held on October • Special Features ................................................ 17 30, 2020. The first-ever virtual CACCI Conference will carry • Product & Service Councils ............................. 20 the theme “Achieving Sustainable Growth in a Turbulent and Disruptive Global Market.” • Investment & Joint Ventures in the Region ... 24 The CACCI Secretariat is currently coordinating • Economic Cooperation News ....................... 27 with the Federation of Indian Chambers of Commerce • Technology ....................................................... 30 and Industry (FICCI) on the preparations for the virtual • Policy Updates .................................................. 31 Conference. Members will be duly notified as soon as relevant arrangements are finalized. A Tentative Program containing a list of invited speakers will likewise be issued to members once this is available. Deadline for CACCI Foundation The CACCI Foundation was established in 2006 Project Proposal submissions to help Primary and Affiliate Members implement projects Extended to August 31 aimed at promoting entrepreneurship and the development of small and medium enterprises (SMEs). The ultimate objective is to assist chambers in Asian developing countries to become sustained contributors to the economic development of the private sector. CACCI wishes to inform Primary Members and Since its establishment, the CACCI Foundation has Affiliate Members that, at the request of some members, helped finance the following four projects (pictured above), the submission deadline for formal proposals on projects to with each one receiving US$5,000: be financed by the CACCI Foundation has been extended to a. “Youth Business Sri Lanka Programme” in Sri August 31, 2020. Lanka – Managed by the Ceylon Chamber of Chambers are encouraged to submit their Commerce, the Programme provided assistance formal proposals on projects – either ongoing or still to (in the form of a loan of US$500 and mentoring be implemented – that encourage entrepreneurship and support) to enterprising youths who have promote the growth and development of SMEs, thereby resources; viable business plans but do not have financial helping us achieve the objective of the CACCI Foundation. Continued on page 2 1 Modi, FICCI, & Secretariat Hold Videocon on Virtual 34th CACCI Conference Preparations b. “Life Forever Beautiful-Organic Mongolia” in Mongolia – An initiative of the Mongolian National Chamber of Commerce and Industry (MNCCI), the project was aimed at procuring yak’s milk from herders, with the view to creating a foundation for milk production. c. “Promoting Women Entrepreneurship Through Development of SMEs” in Bangladesh – Initiated by the Barisal Women Chamber of Commerce and Industry (BWCCI), the project assisted the entrepreneurial development of women, Executives of the CACCI Secretariat led by Director- especially the less fortunate ones, in Barisal, General Ernest Lin met online on July 29 with officers of the which is an old port located some 353 kilometers Federation of Indian Chambers of Commerce and Industry from Dhaka in southern Bangladesh. (FICCI) led by Mr. Gajendra Badgujar, Additional Director and d. “Empowering Women Entrepreneurs in Cosmetic Head, East Asia and CACCI at FICCI. The two sides exchanged Industry” in Mongolia - The MNCCI project is views on the Conference program, possible speaker line- primarily aimed at strengthening the capacity of up, Conference format, online meeting platform, and other female-owned cosmetic companies by conducting relevant matters. training to some 200 employees (both women and A second videoconference was held on August 6, this men) of the 30 Mongolian companies engaged in time with CACCI President Mr. Samir Modi and FICCI Deputy the manufacture of end-use cosmetics. Secretary General Manish Singhal in attendance. The virtual Conference is scheduled to take place on October 30, 2020. ABA holds Virtual Conference on “Managing Business Continuity and Recovery During COVID-19 and Beyond” The Asian taken by them and by Bankers Association their governments to (ABA) successfully mitigate the business held its first-ever disruption. They also webinar last July shared the measures 29, 2020, with over that are currently 450 registered being set in place as participants from 15 part of efforts to put countries joining the the economy and the virtual conference banking industry on “Managing Clockwise from top left: Mr. Oliver Hoffman, Mr. Dilshan Rodrigo, Mr. Mostafa Beheshti back on Thethe roadfour to Business Continuity Rouy, Dr. Lin Chien-Fu, and Mr. Jonathan Alles recovery. and Recovery During COVID-19 • webinar speakers and Beyond.” were: webinar featured representatives from Moderated by Dilshan Rodrigo, Mr. Jonathan Alles, Managing four ABA member banks who discussed Chief Operating Officer of Hatton Director and CEO of Hatton the negative impact of the COVID-19 National Bank and Chairman of the National Bank from Sri Lanka and pandemic on their respective economies ABA Policy Advocacy Committee, the Chairman of the ABA and organizations, along with the actions 2 • Mr. Mostafa Beheshti Rouy, Board the new normal might look like and ASEAN Secretary General Dato Lim Jock • member of Bank Pasargad from prepare for it; specifically, how to better Hoi, ASEAN BAC Chair Dr. Doan Duy Iran, and ABA Board member understand the current landscape they Khuong stressed “It is time for the faster Dr. Lin Chien-Fu, Chief Economist are operating in, and what must be and more innovative ASEAN Way of • of CTBC Financial Holding from done to resume operations and achieve doing things if it wishes to get out of the Taiwan business recovery. pandemic stronger and more cohesive Mr. Oliver Hoffmann, Managing For those who missed the and responsive.” Director, Head of Asia, Erste Group thewebinar or simply wish to revisit it, the While the ASEAN Leaders Bank AG, Hong Kong Branch, from complete video recording is available on have already set the general directions Austria and ABA Board member ABA website, along with a summary and focus for a regional response to The presentations by the herereport. Presentation PDFs for two of the COVID-19 during their virtual Summit in speakers aimed to provide participants speakers are also available for download June, the time for doing the groundwork with the opportunity to explore what . on critical strategic areas must start now. Ms. Siti Rozaimeriyanty Dato Hj Abd Rahman, ASEAN BAC Brunei, added News Updates that ensuring preventive healthcare reforms are in place to shield ASEAN from other future pandemics and skills ASEAN BAC Submits Recommendations to ASEAN preparedness in terms of the new normal or future of work must be kept Leaders on the Pandemic as priorities. As the world grapples with the extent of the damage being caused by the ravaging pandemic storm, there is with the Joint Business no doubt that ASEAN has this one-time Councils (of which CACCI opportunity to play it smart. The private is an Associate Member) sector has done its part and awaits and Sector Champions of signals from the public sector on how ASEAN BAC, the package best to move forward. As Ambassador is entitled “A Pathway to Mike Michalak from US-ASEAN Business Recovery and Hope for Council said “The ball is in ASEAN’s court ASEAN.” on how the region will move forward. According to We hope to see bold leadership from the ASEAN BAC, “As we ASEAN Chair and the rest of the ASEAN gradually open our Leaders. The private sector reiterates economies, the risk of its commitment to be of help and be a increase in the level of genuine partner. We stand ready to work infection remains. It is with ASEAN for a sustainable and rising therefore critical for post-COVID growth path.” businesses to protect In its transmittal letter, their workforce while ASEAN BAC 2020 Chair Dr. Doan Duy operations recommence. Khuong, Vice Chairman of Vietnam From the production Chamber of Commerce and Industry, side, the same applies said: “In direct and swift response to forto thetransactions consumer sidecan the Leaders Declaration’s call to save where a safe environment lives and livelihoods and work towards a sustainable economic recovery take place so trust and plan, we reiterate our readiness to confidence are restored work with ASEAN to process these to get economies going recommendations in the immediate again in as safe an possible time. It is our strong belief, environment as possible that only by working closely together -- whilst minimizing
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