Vol 2 2014: June PP 8307/12/2012(032066)

www.asli.com.my

The Prime Minister and Datin Seri Rosmah Mansor at the National Economic Summit jointly organised Chairman of the ASEAN Leadership Forum and CEO of ASLI Tan Sri Michael Yeoh accompanying Indonesia’s by ASLI and . President Susilo Bambang Yudhoyono and President of Myanmar U Thein Sein to the ALF Opening Dinner.

Chairman of ASLI with HRH Sultan Nazrin Muizzuddin Shah of Deputy Prime Minister Tan Sri officiating Jeffrey ASLI CEO Tan Sri Michael Yeoh greeting President Aquino of the at the JCI lnaugural Conference dinner co-organised by JCI and Cheah Institute Inaugural Conference co-organised by ASLI with Philippines. ASLI. ASLI Chairman and JCI Founder Tan Sri Jeffrey Cheah.

ASLI CEO Tan Sri Michael Yeoh accompanying Tun Dr. Mahathir ASLI CEO Tan Sri Michael Yeoh calling on the Prime Minister of ASLI Senior Vice President Mr. Max Say greeting the Prime Minister Mohamad to call on the Vice President of China Li Yuanchao at the Singapore Lee Hsien Loong at the Istana Singapore. of Turkey HE Recep Erdogan. Great Hall of the People in Beijing in May 2014. ...more inside ASLI ORGANISES 11th ASEAN LEADERSHIP FORUM

The Presidents of Indonesia and Myanmar and Ministers from ASEAN member states at the ALF Opening. ASEAN Leadership Forum Chairman & ASLI CEO Tan Sri Michael Yeoh greeting the President of Myanmar HE U Thein Sein with UMFCCI President and ASEAN Business Advisory Council Chairman U Win Aung looking on.

ASLI’s Senior Vice President Mr. Max Say greeting President Susilo Bambang Yudhoyono whilst Tan Sri Tan Sri Michael Yeoh with Myanmar’s Foreign Minister Maung Lwin and ABAC Chairman U Win Aung Michael Yeoh and Ms Jean Wong look on. at the Forum.

The 11th ASEAN Leadership Forum (ALF) was held on the May 11- seen as a work-in-progress in order to keep the region relevant when 12th, 2014 at Nay Pyi Taw - the capital city of Myanmar, who is also the responding to challenges. , the Chairman of ASEAN in 2015, Chair of ASEAN this year. The forum was graced by the presence of the will be focusing on a “People-Centred ASEAN,” according to H.E. Dato’ President of the Republic of the Union of Myanmar, H.E. U Thein Sein Seri in a Special Address. On the growing divergence and the President of the Republic of Indonesia, H.E. Susilo Bambang within ASEAN, H.E. Dato’ Seri Anifah Aman urged all stakeholders Yudhoyono. to be mindful of the underlying economic challenges, and called for cooperation and support in charting the future of AEC. This two-day forum was co-organised by ASLI, led by its CEO and Chairman of ALF, Tan Sri Dr Michael Yeoh, and The Republic of the The first of four panel discussions centred on the “ASEAN Economic Union of Myanmar Federation of Chambers of Commerce & Industry Community - Creating Regional Prosperity, Resilience and Opportunities” (UMFCCI), led by its President and Chairman of ASEAN Business theme. The speakers noted that the 600 million strong AEC represents Advisory Council, U Win Aung. Other distinguished guests were a diversity in resources, but stressed deeper integration and connection H.E. Dato’ Seri Anifah Aman, Minister of Foreign Affairs, Malaysia, within the region in order for its potential to be fully unleashed. Action Cambodia Senior Minister Chantol Sun on behalf of Prime Minister of plans and infrastructure listings are called upon as means to reduce Cambodia, and Gregory So, Secretary for Commerce and Economic imbalances of plans and actions taken with respect to the AEC. Development, The Government of Hong Kong Special Administrative Region. Diplomatic and political challenges were the focus in the second panel discussions, entitled “Political Leadership in ASEAN - Role of In an Opening Speech, H.E. U Thein Sein expressed his commitment to Government and Think Tanks towards the ASEAN Political & Security Myanmar’s Chairmanship of ASEAN with the theme “Moving Forward Community.” This session investigated the role of think tanks and in Unity to a Peaceful and Prosperous Community,” and reminded that government towards completing the Political & Security Community the realisation of the ASEAN Community (AEC) by 2015 should be (PSC). Issues such as the response of ASEAN towards the South China

UMFCCI President and ABAC Chairman U Win Aung welcoming Malaysia’s Foreign Minister Dato Seri Ministers from Cambodia and Indonesia at the Forum. Anifah Aman.

 ASLI ORGANISES 11th ASEAN LEADERSHIP FORUM

ASLI CEO Tan Sri Michael Yeoh presenting a memento to Senior Minister, Cambodia H.E. Chantol MITI Minister Dato Seri Mustapa Mohamad speaking at the Forum. Looking on are Tan Sri Dr. Munir Sun whilst Dato Seri Anifah Aman, U Win Aung and Hong Kong Secretary for Commerce and Economic Majid Chairman CIMB ASEAN Research Institute and Dr. Serge Pun Chairman Yoma Strategic Holdings. Development Gregory So look on.

From right: ASEAN Deputy Secretary General Delia Albert, Singapore MP Penny Low, GMMF CEO Dato GMMF Chairman Tan Sri Razali Ismail and other panellists at the Forum. Saifudin Abdullah, ASLI Senior Vice President Ms Ng Yeen Seen and IDEAS President Tunku Abidin.

Sea territorial disputes and the armed religious conflict in southern partnership and cooperation could be carried out within ASEAN. This Philippines were discussed. Some non-traditional security threats such session served as a conclusion of the forum and attempts were made as isolated ethnic relations were emphasised. This session concluded to maximize the achievements of discussion over the last sessions. that ASEAN as a whole should play a larger role both in the international Various proposals, particularly on infrastructure and technology, were community and domestically. Think tanks in this regard could facilitate discussed with regards to increasing ASEAN connectivity. Panellists cooperation with government as long as financing is sustainable. also discussed the need to integrate communities into one single ASEAN community, and to strengthen Public-Private Partnerships The third session, titled “Toward a People-Centered ASEAN - The (PPP) to encourage connectivity, adoption of technology and innovation Viewpoints of Women and Emerging Young Leaders in Achieving the and the streamlining of regulatory framework to increase the overall ASEAN Social and Cultural Community” investigated profoundly how connectivity among businesses in ASEAN. gender and youth empowerment issues should be addressed through the ASEAN Social and Cultural Community. This session emphasised H.E. U Wunna Maung Lwin, the Minister of Foreign Affairs, Union of that concerns from women, the youth and other social groups must be Myanmar presented the Closing Speech where he praised the progress addressed in order to promote a sense of belonging to ASEAN. Panellists of ASEAN in establishing itself as a Small-and-Medium Enterprise echoed with each other on the need to improve education in terms of (SME) Service Centre. This is crucial to the competitiveness of ASEAN tertiary education and research, arts education and knowledge transfer. given an estimated 96% of businesses are SMEs in the region. H.E. On the other hand, the youth should be empowered to participate in U Wunna Maung Lwin also reassured that the recommendations put ASEAN and there should be ASEAN core values to guide the youth in forward throughout the forum will be useful in formulating the agenda their decision-making and become more ASEAN conscious. for post-2015 ASEAN. The private sector will also be actively engaged in ensuring the successful implementation of the Masterplan on ASEAN In the last session, titled “Enhancing ASEAN Connectivity and Regional Connectivity - the key to creating a sense of belonging to ASEAN. Partnerships”, the speakers looked specifically into how closer

U Win Aung presenting a memento to Minister of National Planning CEO ASEAN Standard Chartered Bank Mr. Lim Cheng Teik, From left: Mr. Razali Johari from Brunei, Mr. Alexander Wan of Dr. Kan Zaw. President GE ASEAN Mr. Stuart Dean and Ms Khine Khine Nwe Joint China Daily, Dato Ramesh Kodammal Co-Chairman ASEAN-India Secretary General of UMFCCI and Myanmar Investment Commission Business Council and Dr. Doan Duy Khuong Vice Executive President member. Vietnam Chamber of Commerce & Industry.

 NATIONAL ECONOMIC SUMMIT

The Prime Minister with organisers and sponsors of the National Economic Summit.

ASLI Chairman Tan Sri Jeffrey Cheah presenting a memento to the Prime Minister Dato Sri Mohd Najib The Prime Minister speaking with Dato Seri , Tan Sri Jeffrey Cheah, Tan Sri whilst Communications and Multimedia Minister Dato Seri Ahmad Shabery Cheek looks on. Michael Yeoh and BERNAMA Chairman Dato Abdul Rahman Sulaiman.

The Prime Minister Dato’ Sri Mohd Najib Tun Razak, in his keynote had also stressed his determination to make government more address at the National Economic Summit & Dialogue with the Prime efficient while extended his willingness to work across the political Minister of Malaysia held on 7 March, 2014 at the Sheraton Imperial divide in fighting corruption. Hotel, , reassured the public that the issue of rising cost of living will be the core focus of the government’s economic On the issue of policy communication, the Prime Minister had pointed policies. out that the silent majority should speak up for the policies that they support and also highlighted the need to send the government’s The Prime Minister underscored at the beginning of his hour-long messages more clearly to the people. Alluding to the timeliness of speech the urgency to better manage public finances through this Summit, the Prime Minister had wanted to take the “opportunity subsidy rationalisation and the introduction of Goods and Services to speak through this platform to the rakyat,” and demonstrated his Tax (GST) at 6% in 2015. These measures are necessary to bring determination to take difficult decisions for the nation’s long-term down public debt and spending while the resulting savings could interests. be better channelled into productive investments. Dato’ Sri Najib, acknowledged the short-term impact of these adjustments to the In his welcoming speech, Tan Sri Dr Michael Yeoh commended that people, but warned against the greater danger of losing employment Prime Minister Dato’ Sri Mohd Najib had adopted bold measures to and investment opportunities due to falling global investor grapple with issues such as a slowdown in domestic demand and confidence. growing religious tensions. Tan Sri Michael emphasised the need for Malaysia to be a peaceful and united nation in order to facilitate a Through savings from subsidies, the Prime Minister explained in sustained and robust economy. He added further that the “feel-good” detail the various programmes that the government is now able factor of a sound economy must trickle-down to the people so that to implement to ameliorate inflationary pressure and building the national unity can be strengthened in a more meaningful manner. capacity of individuals to grow their share of income. Dato’ Sri Najib

BERNAMA General Manager Dato Yong Soo Heong greeting the CEO of Siemens Prakash Chandran receiving a memento from the The Minister of Communication & Multimedia and the Prime Prime Minister whilst Tan Sri Michael Yeoh looks on. Prime Minister for sponsoring the Summit. Minister at the Summit. Behind is the Inspector General of Police.

 NATIONAL ECONOMIC SUMMIT

ASLI CEO Tan Sri Michael Yeoh moderating the Questions and Answers session with the Prime The Prime Minister receiving a memento from the Communication and Multimedia Minister whilst Tan Minister. Sri Jeffrey Cheah and Tan Sri Michael Yeoh look on.

Tan Sri Ramon Navaratnam, Dato Sri Mohd Najib and Ms Ng Yeen Seen, ASLI Senior Vice President. The Panellists Tan Sri Dr. Munir Majid, Tan Sri Dr. Fong Chan Onn, Tan Sri Dr. Sulaiman Mahbob and the moderator Mr. Mikhail Abdullah from BERNAMA.

While the Malaysian economy remained resilient in the face of the response, Dato’ Sri Najib pressed on the need for a structural change global economic turmoil, Tan Sri Michael strongly urged the Prime in export and reiterated the importance for Malaysia to be part of the Minister to stay committed to the transformation agenda and actively Trans-Pacific Partnership (TPP) in order to remain competitive. pursue the implementation of the New Economic Model (NEM). This was followed by another panel session entitled “What is the The panel discussions with the Prime Minister, moderated by real truth of the Malaysian economy? How can we move ahead to ASLI’s CEO Tan Sri Dr Michael Yeoh, were joined by Tan Sri Dr overcome our economic challenges?” The session was moderated Munir Majid, Chairman, Bank Muamalat and Senior Visiting Fellow, by Mr. Mikhail Raj Abdullah, Editor, BERNAMA Economic Services London School of Economics (LSE), Tan Sri Dr Fong Chan Onn, (BES), and the panellists were Tan Sri Dr Munir Majid, Tan Sri Dr former Minister of Human Resources and former Dean of Economics Fong Chan Onn, and Tan Sri Dr Sulaiman Mahbob. Faculty, University of Malaya, and Tan Sri Dr Sulaiman Mahbob, Chairman, Malaysian Institute of Economic Research and former According to Tan Sri Munir, the government fails to be effective Chairman, MIDA. and credible in communication strategies and much needs to be done to educate the people with regards to the real truth of the Tan Sri Munir pointed out that structural fiscal deficit is a legacy Malaysian economy. From the perspective of SMEs, Tan Sri Fong issue that the nation should remain concerned about - a sentiment expressed concerns over the widening gap between policy design that was echoed by Tan Sri Fong who commented that the Small and implementation which may require a “new mission of service and Medium Enterprises (SMEs) are the least prepared to face the delivery with key performance indicators (KPIs) based on grassroots challenges imposed by measures to address the deficit. The Prime understanding and acceptance.” On the issue of informal economy, Tan Minister maintained that the subsidy removal mechanism was a Sri Sulaiman suggested that the Malaysian economy should increase result of very thorough studies and adequate consultation was made its focus in finding a niche in order to continue growing in an ever with other countries. On the other hand, Tan Sri Sulaiman asked the globalising world. This is necessary, according to Tan Sri Sulaiman, if Prime Minister if Malaysia can continue to build its export market. In the Malaysian economy were to maintain a 5% GDP growth.

Tan Sri Jeffrey Cheah and Tan Sri Ramon Navaratnam. Standard Chartered Bank Chairman Tan Sri Sheriff Kassim, The ASLI Team. Standard Chartered Bank CEO Osman Morad and Siemens CEO Prakash Chandran.

 ASLI CO-HOSTS PRESIDENT AQUINO

ASLI CEO Tan Sri Michael Yeoh talking to President of the Philippines Benigno Aquino. President Aquino with Philippines Foreign Secretary, Trade Secretary, MITI Minister, Tan Sri Michael Yeoh and the Malaysia-Philippines Business Council President.

ASLI Senior Vice President Mr. Max Say greeting the Philippines Dato Azmil Chairman of Malaysia Philippines Business Council and Tan Sri Michael Chen, Ms Jean Wong and Tan Sri Alex Chen. President. ASLI CEO Tan Sri Michael Yeoh with Mr. Ramon Ang CEO of San Miguel Corp & President of Petron with Dato Seri Mustapa Mohamad. During his official visit to Malaysia, President Benigno Aquino Earlier MITI Minister Dato Sri and Philippines addressed the Malaysia-Philippines Business Forum organised by Trade and Industry Secretary Gregory Domingo addressed the Forum. the Embassy of the Philippines, the Malaysia-Philippines Business The CEO of ASLI Tan Sri Michael Yeoh and the Chairman of the Council and ASLI. In his Keynote Address, President Acquino spoke Malaysia Philippines Business Council delivered Welcome Speeches. about the reforms he has carried out and his vision for the Philippines. The Forum was also attended by the Philippines Foreign Secretary He also spoke about the attractiveness of the Philippines as an and Business Leaders from both countries. The Philippines business investment and tourism destination. delegation was led by Mr. Ramon Ang, President of San Miguel Corp.

CPPS ROUNDTABLE: CORRUPTION IN MALAYSIA

A roundtable was held on 7 April to discuss and identify pragmatic THIRDLY, the overriding importance on encouraging whistleblower options to reinforce the implementation of anti-corruption measures to expose corruption can come at the expense of the whistleblower. in Malaysia. It was one of the gatherings of high level representatives The provision of the Whistleblower Protection Act (WPA) 2010 is from the public and corporate sectors, national planning authorities, weak as it ONLY offers protection when the disclosure is addressed regulators, academicians, politicians , advocates and the diplomatic to an enforcement agency. A whistleblower would not receive any communities focused exclusively on issues specific to monopoly, protection in WPA 2010 if disclosure is made to their employer. This high level corruption, unexplained wealth and illicit financial outflow. act should be amended to include protection for whistleblowers that 50 delegates participated at the roundtable. choose to expose misconduct within their organisations as opposed to the reinforcement agency. FIRSTLY, understanding the relationship between allegation of corruption offenses and prosecution is deeply challenging, given FOURTHLY, there is a general consensus that corruption and the inherent legislative loopholes of the Malaysia Anti-Corruption competition is inversely related. There are industrial policies that Act (MACC). Those engaged in these issues-anti corruption are not competition friendly. Discussion indicated further that the commission, law enforcement agencies and national planning disintegration of the existing policies may actually exacerbate authority proposed for the amendment of sections 23 and 36 of the corruption. There is a lack of coordination within the policy makers Malaysian Anti-Corruption Commission (MACC) Act 2009. Section when policies are drafted. Therefore, open dialogues are required to 23 enables administration members to grant tenders, contracts address the issue of “bid-rigging cartels”. and procurements to associates and relatives, with a declaration of interest. Authorities lack the real power to ask for individuals to FIFTHLY, the participants called for stiffer punishment for corruption declare assets that does not match with their level of income. offenses. These punitive actions should commensurate with the degree of crime committed. Reinforcement of punitive actions is SECONDLY, amendments to some relevant articles of the required to create a high risk environment for corruption offences. Constitutions are required to reflect the 12 principles underlined by the United Nations Convention against Corruption (UNCAC). This SIXLY, public citizens and the corporate sectors are urged to work includes the elevation of the status of the MACC chief commissioner closely with the government to fight against corruption. Public to one that is equivalent to the Attorney General and the judge for the cooperation is crucial in supporting the work of enforcement improvement of the commission independence. agencies.

PAN-BEIBU THINK TANK SUMMIT

ASLI Senior Vice President Ms Ng Yeen Seen was invited to moderate discussed how to build a new maritime Silk Road in the 21st Century a session on ‘Regional Cooperation and Maritime Silk Road’ at the 8th through bilateral and multilateral cooperation in the region; how the Pan- Pan-Beibu Gulf Economic Cooperation Forum’s Think Tank Summit Beibu Gulf region play a pivotal role in China-ASEAN cooperation; and with the theme ‘Maritime Silk Road in the 21st Century’. The session how to realise industrial transformation and to upgrade the region.

 MEETING WITH CHINESE LEADERS

ASLI CEO Tan Sri Michael Yeoh joined Tun Dr. in calling on the President of China ASLI CEO Tan Sri Michael Yeoh accompanying Tun Dr. Mahathir Mohamad to a meeting with China’s Vice Xi Jinping. President Li Yuanchao at the Great Hall of the People in Beijing.

From right : Tan Sri Kenneth Eswaran, Tan Sri Michael Yeoh, Dato Abdul Majid Khan and other members of the Business delegation at the Celebration of the 40th Anniversary of Diplomatic Relations between The MoU exchange of documents between ASLI and Chinese Development Institute witnessed by the Malaysia and China at the Great Prime Minister at the Malaysia-China Economic Forum at the Great Hall of the People in Beijing. Hall of the People in Beijing. ASLI will be organising the 6th World Chinese Economic Forum (WCEF) Tan Sri Yeoh also attended the commemoration of the 40th in Chongqing, China on 4th and 5th December 2014. Recently the Anniversary of Malaysia-China Relations held at the Great Hall of the Founders of the WCEF; Tan Sri Lee Kim Yew, Co-Founder and Patron People. During the high-level Forum, ASLI signed an MoU with the and Tan Sri Michael Yeoh, the WCEF Chairman & ASLI Chief Executive China Development Institute to undertake joint economic research Officer accompanied former Prime Minister Tun Dr. Mahathir Mohamad and studies. in calling on the President of China H.E. Xi Jinping and the Chinese Vice President H.E. Li Yuanchao in the Great Hall of the People in Beijing. ASLI ACHIEVES GLOBAL RECOGNITION- RANKED AMONG TOP THINK TANKS (Cont. to page 17)

The Global Report on Think Tanks announced in the United Nations in New • ASLI was also ranked No 23 in the world among top think tanks with York on Friday 24, January 2014 ranked the Asian Strategy & Leadership Smaller Budgets below USD5mill. ASLI is also No 22 in the world Institute (ASLI) and its research arm, the Centre for Public Policy Studies among Think Tanks To Watch. (CPPS) among the top Think Tanks in the World and in the Asia Pacific • ASLI was ranked No 37 in the world among Think Tanks with Best Region. Public Engagement Programmes and No 47 in the world among think tanks with Most Significant Impact on Public Policy ASLI’s CPPS was ranked No 7 among top Think Tanks in Asia and the • ASLI was ranked No 47 Best Managed Think Tanks in the world-the Pacific region. only ASEAN Think Tank in this list. This annual Global study on Think Tanks surveyed 6826 think tanks • ASLI was ranked No 29 in the world with Best New Idea Developed last worldwide and was carried out by the University of Pennsylvania. year and No 22 in the world for Best Policy Report Produced by a Think Tank last year for our study on FTAS and impact on 10 countries. CPPS was also ranked No 38 in the world among top Education Think Tanks • ASLI was No 34 in the world for Best Think Tank Conferences. and No 27 in the world among top transparency and good governance Think Tanks. In these two categories ASLI’s CPPS were the only Malaysian ASLI DIRECTOR TAN SRI Think Tanks listed. CPPS was also ranked No 37 in the world for Best Advocacy Campaign and No 35 for Best Use of Social Networks. RAZMAN MD HASHIM CONFERRED TAN SRI MEETING WITH AUSTRALIAN The Board of Directors, FOREIGN MINISTER Management and staff of ASLI congratulates ASLI CEO Tan Sri Michael Yeoh attended a Roundtable discussion Tan Sri Razman Md with Australian Foreign Minister Julie Bishop. Hashim on being conferred a Tan Sri-ship by the king.

ASLI Directors Tan Sri Razman Hashim and Tan Sri Michael Yeoh at the Istana Negara for the King’s ASLI CEO Tan Sri Michael Yeoh with Australia’s Foreign Minister Julie Bishop. Birthday.

 MALAYSIAN BANKING SUMMIT

Minister of Finance II Dato’ Seri Haji with ASLI Director Tan Sri Ramon ASLI President Mr. Mirzan Mahathir presenting a memento to the Minister Dato’ Seri Husni. Navaratnam, CEO Tan Sri Michael Yeoh and President Mirzan Mahathir.

Group Managing Director AMBANK Group Mr. Ashok Ramamurthy receiving a memento from the Minister The Minister presenting a memento to President of Maybank Dato’ Abdul Farid Alias for being the main for sponsoring the Summit. sponsor.

ASLI once again organised the Annual Malaysian Banking Summit shares his overview on the Malaysian economy stressing the good the 18th edition in this annual series. The Second Finance Minister growth figure in first quarter growth this year of 6.2% growth. He Dato’ Seri Haji Ahmad Husni Hanadzlah officiated the opening of stressed that Malaysia remains on track to become a high income the summit and delivered the Keynote Address. The summit was country. He emphasised, that Government policy will ensure the attended by over 200 delegates. public good must prevail “government will rather do good than be popular”. A CEO Roundtable on Leadership in a Changing Global and Regional Financial Landscape featured several prominent bank The Minister reiterated that the Government will continue to provide CEOs. Dato’ Abdul Farid Alias, President of Maybank; Mr. Osman access to essential resources to ensure every opportunity for all. Morad, CEO of Standard Chartered Bank; Mr. Ashok Ramamurthy, Justice and fairness in income distribution will be a key priority. Group Managing Director of Ambank; Mr. Sanjeev Nanavati, CEO The Government will work hard to expand the economic pie and Citibank; and Mr. Goh Peng Ooi, Chairman of Silverlake Axis. They will never deprive another to benefit others. The Minister ended his stressed the importance of leadership agility, balancing expectations Keynote Address by warning us not to take the economy’s comfort and managing complexity. The CEOs also agreed that margins for zone for granted. banks are declining as costs increases. There is a greater need to create efficiencies and enhance innovation. A strong focus on The Deputy Governor of Bank Negara Dr. Sukhdave Singh in his excellence, transformation and market leadership is essential. Luncheon Address spoke on the quality and sustainability of growth. He said there are increasing signs that advanced countries are Earlier in his Opening Keynote Address, the Minister said the banking showing signs of steady and sustainable growth albeit still low. sector is one of the primary pillars of the economy. The Minister also Emerging market economies have done well since the Global

CEO Standard Chartered Bank Mr. Osman Morad, Dato’ Abdul Farid Alias, Tan Sri Navaratnam, Mr. Goh Bank Muamalat Chairman Tan Sri Dr. Munir Majid moderating the regionalisation of banks session. With Peng Ooi and Mr. Ashok Ramamurthy. him are Dato’ Khairulsaleh Ramli CEO RHB Bank and Mr. Muzzafar Hisham CEO Maybank Islamic.

 MALAYSIAN BANKING SUMMIT

ASLI CEO Tan Sri Michael Yeoh presenting a memento to Bank Negara Deputy Governor Dr. Sukhdave The Wealth Management session with Mr. Saiful Bahari Baharom CEO IBFC, Dato’ Steve Ong, Singh. CEO Private Pension Administrator, Ms Ong Shi Jie, Head Wealth Management OCBC Bank.

Raja Teh Maimunah CEO Hong Leong Islamic Banking speaking at the Islamic Banking session with The session on epayments moderated by Dr. Raymond Kwong Group Managing Director Silverlake Axis. moderator Dato’ Mohamad Faiz Chairman PWC Malaysia.

Financial Crisis, where domestic consumption, strong commodities Ramli, CEO of RHB Bank; Mr. Muzzafar Hisham, CEO Maybank demand and fiscal stimulus have driven growth in emerging market Islamic; and Tan Sri Dr. Munir Majid. The speakers spoke about economies. However, growth in EME’s are tapering off as commodity the challenges and opportunities arising from regionalisation and boom is tapering off. Although emerging market economies will have the ASEAN economic community and shared issues of concern slower growth they will still contribute more to global growth than as well as new opportunities from regionalisation. Other sessions advanced economies. There are some concerns about China but include Human Capital Development, Talent and Skill Requirement, Dr. Sukhdave feel China should be able to still generate 7% growth Operational Excellence, Islamic Banking, Epayments, Wealth annually. Management and’ High Networth Banking, Risk Management and Financial Inclusion. He said the Central Bank feels that for 2014 Malaysia can still achieve 5% to 5.5% growth as private investment remains healthy Other speakers include Mr. Sanjeev Nanavati, CEO CItibank and although there is a bit of concern about higher indebtedness. On President Amcham, Raja Teh Maimunah, CEO Hong Leong Islamic; a global basis, he shared concerns about income inequality, youth Mr. Musa Abdul Malek from CIMB Islamic; Dato’ Mohd Effendi unemployment, slow recovery in advanced countries. He ended by Abdullah, Head Islamic Market, Amlnvestment Bank; Mr. Tay Kay saying that economically things are growing better but the legacy Luan, CEO Institute of Bankers and several others. of the global financial crisis remains and this will cloud the global outlook. The main sponsors are Maybank & Silverlake Axis, other corporate sponsors are Ambank, Standard Chartered Bank, GHL and Institute Another key session in the Banking Summit was on Regionalisation of Bankers. of Banks - the ASEAN challenge which saw Dato’ Khairusalleh

Mr. Tay Kay Luan CEO Institute of Bankers Malaysia. Ms. Nora Manaf Group Chief Human Capital Officer, Maybank Group, Mr. Raj Lorenz, CEO GHL System, Mr. Quah Poh Keat Deputy CEO Mr. Pun Tian Pouw of Korn Ferry and Mr. Jamaluddin Bakri. Group Public Bank, Dr. Sukhdave Singh Deputy Governor Bank Negara, Chief Human Resource Officer, RHB Bank. and Dato’ Steve Ong, Private Pension Administrator.

 MALAYSIA STRATEGIC OUTLOOK

YB with Tan Sri Ramon Navaratnam. ASLI Director Tan Sri Ramon Navaratnam presenting a memento to the Youth & Sports Minister Khairy Jamaluddin.

From left to right: YB , member, DAP CEC and Political Education Director/ MP Kluang; From left to right: Mr. Alan Tan, Chief Economist, Affin Investment Bank; Mr. Geoffrey Heenan, President Dato’ , CEO. Global Movement of Moderates Foundation; Tan Sri Michael Yeoh, CEO Representative IMF; Tan Sri Ramon Navaratnam, Chairman, CPPS-ASLI and Mr. Rajiv Biswas, Senior of ASLI; YB , PKR Vice President / MP Lembah Pantai and Mr Gan Ping Sieu, former Director and Asia-Pacific Chief Economist, IHS Global. MCA Vice President and former Deputy Minister of Youth & Sports.

The Malaysia Strategic Outlook Conference is an annual conference The Ministry of Domestic Trade, Co-operatives and Consumerism organised by the Asian Strategy & Leadership Institute (ASLI) at the focusing on intellectual property (IP) as a new engine of growth. Fast beginning of each year to assess the key trends, strategic challenges and easy acquisition of protection as well as competent and steadfast and critical issues facing the nation in the coming year. enforcement mechanism creates the right incentives for firms to innovate. In fact, countries that enjoy high standard of living on The 16th Malaysia Strategic Outlook Conference with the theme “Forging average have better institutional framework, including the protection Resilient Growth, Entering a New Era” was held on 23rd January 2014 of IP. The Minister further added that firms must find new ways to at Hotel Istana, Kuala Lumpur. The Deputy Minister of Domestic Trade, doing business and with the Government playing its role as both a Co-operatives & Consumerism Dato’ Seri Ahmad Bashah Hanipah regulator and a facilitator, the country will take the next big leap in represented the Minister and read out the Minister’s speech on “Growing becoming an innovative, high-income nation. The Domestic Trade Sector and Promoting Competition”. The topics discussed at the one day conference were “World, The country’s macroeconomic performance was well on-track with Regional and National Economic Outlook - What To Look Out For in the targets set out by the Government’s Transformation Programme. 2014? How Resilient is Growth in 2014?”, “Malaysia’s New Politics The GDP expanded by 5% in the third quarter of 2013 and we were - What Next After the 13GE and Party Elections?”, Gen Y Outlook: confident that this growth would be sustained throughout the rest of What the Younger Generation Expect and Want? Young People’s 2013 to achieve the annual target of between 4.5% and 5% GDP Perspectives of the Nation - Where it is Heading and What to Expect”, growth. As for 2014, the economy is expected to grow even robustly “Management lnsights - What Should Businesses and Top Managers by 5% to 5.5%. The economy created more jobs in 2013 too, along Watch Out For? Key Watchlists for 2014”, “Industry and Sectoral with an increase in the labour force participation rate which had spiked Outlook: What Are New Growth Sectors? How Will They Perform?”. from 65% in 2012 to near 69% in 2013. The 12 National Key Economic Areas (NKEAs) has also generated 1.3 million new employments from 2010 to 2013, bringing total employment to 13.66 million. The speakers who spoke in the session on Malaysia’s New Politics are Dato’ Saifuddin Abdullah, Chief Executive Officer, Global Movement The macroeconomic outlook for 2014 is however going to be a tricky of Moderates Foundation, former UMNO Supreme Council Member & one. There will be a slight “reversal” in the role that both domestic and former Deputy Higher Education Minister; Liew Chin Tong, Member, external demand play in driving the economy. Private consumption DAP CEC and Political Education Director / MP Kluang; Nurul Izzah was fuelling the growth in 2013, advancing 8.2% from the previous Anwar, PKR Vice President / MP Lembah Pantai; and Mr. Gan Ping year. Private investment also increased by 15.2% in third quarter of Sieu, former MCA Vice President / former Deputy Minister, Ministry 2013, almost doubled from 2012. This came at the back of a more of Youth & Sports. The session was moderated by Tan Sri Michael lukewarm exports performance due to weak external environment. Yeoh, Chief Executive Officer, ASLI.

YB Nurul Izzah Anwar, PKR Vice President / MP Lembah Pantai speaking at the conference with Mr. Gan Datuk Seri Iqbal Rawther, Chairman, MIM chairing session with Mr. Mark Rozario, CEO, National Ping Sieu, former MCA UP / former Deputy Minister, Ministry of Youth & Sports. Innovation Agency and Mr Edward Clayton, Managing Partner, Booz & Co.

10 MALAYSIA STRATEGIC OUTLOOK

Dato Seri Ahmad Bashah Hanipah, Deputy Minister of Domestic From left to right: Dato’ Chevy Beh, Group Managing Director, Tan Sri Michael Yeoh, CEO of ASLI with Ms Tan Lei Cheng, CEO of Trade, Cooperatives & Consumerism with Puan Sri Susan Cheah, BP Healthcare Group; Mr. Paul Moung, Managing Director, IBM Goldis Berhad and Puan Sri Susan Cheah. Director of ASLI. Malaysia; Tan Sri Eddy Chen, Group Managing Director, MKN Berhad; and Dr. Deniele Gambero, CEO and Co-founder, REI Group.

Ms Sarena Cheah (middle), Joint Managing Director, Property YB Liew Chin Tong, Member, DAP CEC and Political Education Director Dato Saifuddin Abdullah, Tan Sri Michael Yeoh and YB Nurul Izzah. Development, Sunway Group chairing the session with Ms Ng Yeen / MP Kluang speaking at the conference with Dato’ Saifuddin Abdullah, Seen, Senior VP, ASLI and Mr. Wan Firdaus Director, IDEAS. CEP, Global Movement of Moderates Faundation / former UMNO Supreme Council Member / former Deputy Higher Education Minister. Among other distinguished speakers who spoke at the conference are The Minister of Youth & Sports Khairy Jamaluddin delivered the Mr. Geoffrey Heenan, Resident Representative, IMF Singapore; Mr. Special Luncheon Address on the “New Politics - Increasing Political Rajiv Biswas, Senior Director and Asia-Pacific Chief Economist, IHS Power of the Younger Generation - What Do They Want and Expect”. Global Singapore; Mr. Alan Tan, Chief Economist, Affin Investment He stressed the importance of youth engagement and listening to the Bank Berhad; Mr. Wan Mohd Firdaus, Founding Director, IDEAS and voice of the younger generation. The Minister also participated in a Founder, Young Corporate Malaysians; Mr. Kenny Goh, Co-founder dialogue session with the participants. / CEO, Macro Kiosk Group; Ms. Ng Yeen Seen, Senior Director, CPPS-ASLI; Mr. Mark Rozario, CEO, National Innovation Agency; About 200 participants attended the conference which is sponsored Mr. Edward Clayton, Managing Partner, Booz & Company (M) Sdn by Qi Group with the support from the Federation of Malaysian Bhd; Datuk Dr. Hamzah Kassim, Co-founder and CEO, The IA Group; Manufacturers, Malaysian Reserve and the Oxford Business Group. Dato’ Chevy Beh, Group Managing Director, BP Healthcare Group; Tan Sri Eddy Chen, Group Managing Director, MKH Group; and Dr. Daniele Gambero, CEO and Co-founder, REI Group of Companies. LECTURE BY AUSTRALIAN HIGH COMMISSIONER

Australian High Commissioner Rod Smith with ASLI CEO Tan Sri Michael Yeoh. Tan Sri Abdullah Ahmad, Tan Sri Michael Yeoh and Tan Sri Ong Leong Huat. The Australian High Commission and ASLI organised a discussion with Korea, China and increasingly, the nations of South-East Asia. Hence the High Commissioner of Australia H.E. Rod Smith who presented Australian and ASEAN interests would be best served by a stable his topic on ‘Australian Foreign Policy & a Region in Transition’. balance of power in Asia which encourages economic integration. Naturally Australia’s future security and prosperity will rely on a H.E. Rod Smith began his speech by briefly introducing the progressive peaceful, stable and prosperous region. development of Australia who underwent a transformational and aggressive reform agenda in the 1980s and 1990s to become the This year marks the 40th anniversary of Australia’s formal dialogue dynamic and highly productive economy it is today. The country is partnership with ASEAN and is a testament to the strong relations globally engaged, competitive, focused on Asia and confident of its they have formed with cooperation over the decades. H.E. Rod role in the region. Smith commented that ASEAN is seen as a vital institution that plays a cohesive role in ensuring the region is economically and socially H.E. Rod Smith highlighted the acumen of successive Australian integrated. At the heart of the Australia-ASEAN partnership is the governments who recognised the need to continually reform the people-to-people ties, and education has been the key driver with economy while developing good foreign relations with their neighbours Australia being the leading provider of overseas tertiary education to in the Asia-Pacific region. He noted that the world’s economic centre ASEAN students and have received more than 500,000 enrollments of gravity has shifted to Asia in recent decades with the rise of Japan, since 2002.

11 ASLI HIGHLIGHTS

Group photograph at the Opening of the ASEAN Leadership Forum in Naypitaw, Myanmar with the President of Indonesia and Myanmar and Ministers from ASEAN.

Tan Sri Michael Yeoh, Tan Sri Jeffrey Cheah, Datuk Seri Rosmah Mansor and Dato Sri Mohd Najib having ASLI CEO Tan Sri Michael Yeoh greeting HRH Sultan Nazrin Shah whilst Tan Sri Jeffrey Cheah and Tan tea at an ASLI programme. Sri Dr. Lin See Yan look on.

HRH Sultan Nazrin Shah with Tan Sri Razman Hashim. The Prime Minister signing an autograph for Mr. Max Say.

The Prime Minister looking at some photographs whilst Tan Sri Michael Yeoh and Tan Sri Jeffrey Cheah Minister of Youth & Sports YB Khairy Jamaluddin with Tan Sri Michael Yeoh, CEO of ASLI; Datuk Seri Iqbal look on. Rawther, Chairman of MIM; Puan Sri Susan Cheah, Director of ASLI; and on Minister’s left - Tan Sri Ramon Navaratnam, Chairman CPPS-ASLI; Ng Yeen Seen, Senior Vice President ASLI and Ms Sarena Cheah, Joint Managing Director, Property Development, Sunway Group.

Tan Sri Jeffrey Cheah greeting the Inspector General of Police Tan Chairman of the Strategic Issues Forum Tan Sri Ramon Navaratnam Member of National Economic Council Tan Sri Yong Poh Kon being Sri Khalid. with Tunku Nacquiyuddin and Mr. Timothy Beardson at an SIF welcomed at an ASLI programme by Ms Jean Wong, Ms Ng Yeen Meeting. Seen and Tan Sri Michael Yeoh.

12 EVENT HIGHLIGHTS

MITI Minister Dato Seri Mustapa Muhamad receiving a memento from UMFCCI President U Win Aung At the ASEAN Leadership Forum in Naypitaw, Myanmar: Tan Sri Michael Yeoh, Dato Seri Anifah Aman, whilst Hong Kong Secretary for Commerce Gregory So looks on. Dato Saifuddin Abdullah and Datuk Dr. Denison Jayasooria.

Mr. Max Say, U Win Aung, the Myanmar Foreign Minister and Ms Ng Yeen Seen. Mr. Mac Ngan Boon CEO of Muhibbah Engineering receiving a memento for sponsoring the ASEAN Leadership Forum.

Some delegates at the ASEAN Leadership Forum. Singapore MP Penny Low stressing a point to Dato Saifuddin Abdullah and Ms Ng Yeen Seen.

Tunku Abidin Muhriz, Ms Penny Low, Ms Ng Yeen Seen, U Win Aung and Dato Saifuddin Abdullah. Women delegates with Puan Sri Susan Cheah at the Forum.

Speakers at the Seminar on Double Taxation Agreement with Hong The Deputy Finance Minister Dato Haji with the ASLI Minister in the Prime Minister’s Dept Datuk Paul Low arriving at an Kong. team. ASLI programme.

13 MALAYSIAN EDUCATION SUMMIT

YB Dato’ Seri Idris bin Jusoh, Minister of Education II delivering the Opening Keynote Address at the 18th From Left: Tan Sri Ramon Navaratnam, Tan Sri Michael Yeoh, Datuk Ir Parmjit Singh, Mr. Lee Weng Keng, Malaysian Education Summit 2014. Dato’ Sri Vijay Eswaran and Mr Max Say ushering YB Dato’ Seri Idris bin Jusoh (centre) to the event hall.

The recipients of the ASLI Education Awards - (From Left) Tan Sri Michael Yeoh, Dato’ Peter Ng winner Dato’ Sri Dr. VIjay Eswaran receiving the Special Award for Education Entrepreneurship and Leadership of the 2014 Lifetime Achievement Award for Leadership in Private Education, Prof. Tan Sri Dato’ Seri from YB Dato’ Seri Idris bin Jusoh. Looking on is Tan Sri Ramon Navaratnam. Dr. Sharifah Hapsah Syed Hasan Shahabudin winner of the Lifetime Achievement Award for University Leadership, YB Dato’ Seri Idris bin Jusoh, Dato’ Sri Dr. Vijay Eswaran winner of the Special Award for Education Entrepreneurship and Leadership and Tan Sri Ramon Navaratnam.

The 18th Malaysian Education Summit 2014 was a two-day summit In order to achieve the lofty goal of elevating Malaysian education held from 15-16 May 2014. The theme for the summit - “Changing to be on par with that of advanced countries, many panelists and Priorities and Changing Trends: Transforming Education” was participants pointed out the urgent need to emphasise on quality chosen to reflect the current dynamic changes in the education teaching with special attention given to the recruitment process. The eco-system in Malaysia and the world. In our fast changing and well general conclusion was that only candidates with the right qualification, wired world today, it is safe to say change is the only permanent passion, aptitude, communication skills and have made teaching their feature in our lives. Every human, country, organisation and even first priority be given the opportunity to enter the teaching profession. our environment is constantly changing. A critical mass of teachers with the right criteria will help bring back the shine to the teaching profession. There was also a suggestion to The discussions at the summit centred around the latest developments turn the teaching profession into a professional job where teachers and factors that are changing and transforming the world, Malaysian would be certified similarly to how engineers are certified and required education today and in the near future. Internal factors such as the to be a member of the engineering professional body. new demands placed by our nation’s economic transformation and the rising expectations of parents drive the need for Malaysia to In addition to quality teaching, the School-Based Assessment (SBA) place greater emphasis on an all rounded quality education at all which shifted the emphasis from the exam-oriented atmosphere in levels (basic or higher education), that is on par with more advanced our schools had also generated interesting insights. Many speakers countries. The higher benchmark for world education standards extolled the benefits of SBA because of the shift to focus on the today and more advanced technological innovation has enabled schoolchildren’s learning and understanding in the classroom. The new teaching and learning methodologies and content, which are Finland experience had shown how successfully the SBA had done the external factors compelling Malaysia to make the necessary away with examinations. It primarily relies on teachers’ proficiency and changes. centrally provided tools like ‘quality cards’ as part of the evaluation.

Prof. Tan Sri Dato’ Seri Dr. Sharifah Hapsah Syed Hasan Shahabudin receiving the 2014 Lifetime Distinguished guests at the Summit. Achievement Award for University Leadership from YB Dato’ Seri Idris bin Jusoh. Looking on is Tan Sri From Left: Datuk Dr. Parmjit Singh, Mr. Jan Senkyr, Tan Sri Ir. Othman Merican, Prof. Tan Sri Dato’ Seri Ramon Navaratnam. Dr. Sharifah Hapsah Syed Hasan Shahabudin, Dato’ Sri Dr. Vijay Eswaran, Dato’ Peter Ng, Prof. Stephen Doughty, Mr. Guy Perring and Prof. Dr. Teoh Kok Soo.

14 MALAYSIAN EDUCATION SUMMIT

From Left: Professor Dato’ Dr. Zakaria B. Kasa, Professor Dato’ Dr. Mohd. Amin bin Jalaludin, Tan Sri Role-players of the Vice-Chancellor Roundtable - From Left: Professor Datuk Dr. Noor Azlan Ghazali, Ramon Navaratnam, YM Tengku Nurul Azian Tengku Shahriman and Dato’ Seri Dr. Vijay Eswaran. Professor Datuk Mohd. Yusof Kasim, Dato’ Professor Dr. Hashim Yaacob, Professor Dr. Sulochana Nair, Professor Helen Bartlett and Professor Stephen Doughty.

From Left: Encik Wan Saiful Wan Jan, Mr. Timo Karmakallio, Professor Dr. Malachi Edwin Vethamani, Ms Elizabeth Lee (centre) moderating the session on “Excellent Teaching”. The panellists are (from left) Dr. Zainuriyah binti Abdul Khatab and Mrs Lok Yim Pheng. Mr. John D. Chacko, Mr Matt Sheldon, Mr. Christopher Bell and Datin Noor Azimah Abdul Rahim.

Higher institutions of learning especially public universities are faced the effectiveness of certain educational programmes at lower costs with different opportunities and challenges when introducing change. in a timely manner. This will enable education leaders to access The Vice-Chancellors’ Roundtable raised several pertinent questions information across every faculty, department, course, teaching staff on the changing universities landscape and how institutions should and student within a short period. adapt to those changes be it from within or outside. A strong and focused leadership within the institutions is needed to engage the ASLI also presented four special awards to leaders in the education various stakeholders for successful transformation to take place. field. Three Lifetime Achievement Awards were presented for Higher institutions are also faced with the challenges of graduate contributions to the growth of different areas in Malaysian education. employability, the relevance of their syllabus to the 21st century Professor Tan Sri Dato’ Seri Dr. Sharifah Hapsah Syed Hasan workplace and also the generational difference of new students with Shahabudin was awarded the 2014 Lifetime Achievement Award different values from current students. for University Leadership in recognition of her excellent leadership and wide experience in growing public universities to world-class Another challenge that higher institutions of learning face is the standards while Dato’ Peter Ng of UCSI University was awarded issue of ranking especially amongst public universities in Malaysia. the 2014 Lifetime Achievement Award for Leadership in Private Although there are mixed views on this matter, many are concerned Education and Tan Sri Ir. Othman Merican, Executive Chairman whenever Malaysian universities ranked lowly or did not make it to of Sri Kuala Lumpur was awarded the 2014 Lifetime Achievement the global top universities ranking list each year as a high ranking on Award for Leadership in Private Schools. The Special Award for the list certainly enhances a university’s reputation. Education Entrepreneurship and Leadership was awarded to the QI Group Executive Chairman Dato’ Sri Dr. Vijay Eswaran for his vision, On the other hand, the shift to the application of big data in higher leadership and foresight as an entrepreneur in the education field. institutions of learning has provided interesting opportunities to benefit in the areas of education management and also research YB Dato’ Seri , the Minister of Education II officiated this in the long run. The ability to store, aggregate, and combine data to prestigious event and also delivered the Opening Keynote Address at this be used for performing deeper analyses can help educators assess two-day summit that was well attended by more than 200 participants.

Professor Dato’ Dr. Ho Sinn Chye shares his wide experience on the Senior Professor Dato’ Dr. Khalid Yusoff (left) making a point on From Left: Prof Datuk Dr Mohanad Ali Hasan, Datuk Dr. Chiam Heng importance of Life-long Education for everyone. how to improve the ranking of Malaysian Universities. Joining Keng, Dr. Patrick Soh and Professor Dr. Mohd Ismail Noor exchange him in the lively discussion are (from left) Dr. Khong Kim Hoong, ideas on how parents can play a greater role in ensuring quality Professor Dr. Rao and Assoc Prof Elajsolan Mohan. education for their children.

15 ASLI CO-ORGANISES JCI INAUGURAL CONFERENCE

The Sultan of Perak HRH Tuanku Nazrin Shah addressing the The Deputy Prime Minister officiating the Opening of the conference Tan Sri Ramon Navaratnam, Ms Ng Yeen Seen, Prof Fan Gang and conference. and the launch of the Jeffrey Cheah Institute. Tan Sri Dr. Lin See Yan.

Dato Dr. Tan Tat Wai, Prof Perkins, Tan Sri Dr. Lin See Yan and Tan Asli Director Tan Sri Ramon greeting Sultan Nazrin Shah. The Japanese Ambassador, Dato Robert Teo and The Swiss Sri Lim Wee Chai. Ambassador.

On 18th March ASLI supported the organising of the lnaugural of JCI in bridging the gap to strengthen the nation’s democracy, with Conference of the Jeffrey Cheah Institute on Southeast Asia (JCI), an aim to promote a closer ties between the government and society part of Sunway Education Group (Sunway Ed). The aim of the Institute in policy making and implementation to realize its Vision 2020.” is to be a public policy think tank to promote research and teaching on the economies, societies, politics and cultures of Southeast Asia. In conjuction with the inauguration, a conference entitled “Overcoming the Middle-Income Trap and Keeping Balance Amid The Deputy Prime Minister of Malaysia, Tan Sri Dato’ Hj Muhyiddin Global Turbulence” was held. It hosted well distinguished academia Yassin gave an inaugural speech, with a strong focus that Malaysia from Ivy League Universities such as both, Professor Dwight Perkins must strengthen its quality of scholarships by increasing its capacity and Prof Jorge I. Dominguez from Harvard University and Professor to plan, design and implement better public policies. He sees the role Dato Dr Woo Wing Thye, from the University of California, Berkeley.

ASLI CO-HOSTS PREMIER OF CANADIAN PROVINCE

The Premier of British Columbia, Canada The Hon Christy Clark with ASLI CEO Tan Sri Michael Yeoh. Canadian High Commissioner Judith St. George, Tan Sri Michael Yeoh, Brunei Second Minister for Foreign Affairs and Trade Pehin Lim Jock Seng and the Premier Christy Clark.

Ms Ng Yeen Seen with the Premier of British Columbia Christy Clark at the Corporate Luncheon during the The Premier speaking with Tunku Naquiyuddin and Tan Sri Michael Yeoh at the Corporate Luncheon. Premier’s offical trade mission to Malaysia.

British Columbia Premier Christy Clark led a trade mission to Asia in organised by the Ministry of International Trade of British Columbia, May 2014 and focused on moving towards final investment decisions High Commission of Canada and ASLI. The trade mission gave British and solidifying partnerships. The Premier’s mission, which included Columbia the opportunity to reinforce the province’s competitive the Deputy Premier and Minister of Natural Gas Development Rich advantages to new investors and existing partners. The Premier Coleman and industry delegates met with Malaysian Corporate also signed a Letter of Intent with Petronas to work collaboratively to leaders and government officials at a Corporate Luncheon co- secure long-term investments in British Columbia’s LNG sector.

16 HEALTHCARE FORUM 2014

Puan Sri Datin Seri Dr. Susan Cheah, Director of ASLI presenting a token of appreciation to YB Datuk Seri Ms. Jean Wong, Senior Adviser of ASLI (right) and Puan Sri Datin Seri Dr. Susan Cheah, Director of ASLI Dr. S. Subramaniam, Minister of Health Malaysia. accompanying YB Datuk Seri Dr. S. Subramaniam, Minister of Health Malaysia to the Seminar room.

Mr. Bryan Lin, CEO Group Healthcare Division of TDM Bhd; Dato’ Dr. NKS Tharmaseelan, President of Malaysian Datin Dr. Nik Amsharija Mohamed, General Manager of the Medical and Rehabilitation Branch from Medical Association; Dr. Rozita Halina Tun Hussein, Deputy Director of the Unit for NHF from the Planning and SOCSO and Dr. Chua Hong Teck Director of Healthcare and Low Income Household from PEMANDU Development Division of the Ministry of Health; and Dato’ Dr. Jacob Thomas, Chairman of Ramsay Sime Darby discussing the topic of “Healthcare Financing - The Key to Affordable Access for All” Health Care discussing “The Future of Malaysia’s Healthcare Industry - Key Drivers and New Opportunities” challenges and opportunities from major developments such the GST, the Data Protection Act and the National Insurance Policy.

Mr Suresh Ponnudurai, CEO of Malaysia Healthcare moderated the fourth session on “The Rising Stars of Healthcare - Medical Tourism, Aesthetic Medicine and Aged Care.” Dr Liow Tiong Sin, ED and Consultant Aesthetic Physician of Beverly Wilshire Medical Centre differentiated aesthetic medicine from plastic surgery and dermatology and presented key trends accompanied by facts and figures on its growing demand. Associate Professor Dr MA Kadar Marikar, CEO of the Malaysian Society for Quality in Health explained about Mr. Suresh Ponnudurai, CEO of Malaysia Healthcare moderating “The Rising Stars of Healthcare - the accreditation of healthcare facilities and services in Malaysia to ensure Medical Tourism, Aesthetic Medicine and Aged Care” with Dr. Liow Tiong Sin, Executive Director and that quality, efficiency and efficacy of the facilities and services provided will Consultant Aesthetic Physician of Beverly Wilshire Medical Centre, and Professor Dr. Philip Poi Jun Hua bring about better patient outcomes. Dr Philip Poi Jun Hua of the Division from the Division of Geriatrics from University Malaya Medical Centre. of Geriatrics from University Malaya Medical Centre outlined the trend of an aging population in Asia and specifically Malaysia, citing causes and key trends ASLI organised the Healthcare Forum 2014 themed “Addressing the needs and urged for the preparation of proper infrastructure to meet the healthcare of a changing citizenry” on 15th April 2014 at Sunway Resort Hotel and needs of the elderly population. Lastly, Dr Ahmad Razid Salleh, Director of the Spa in Petaling Jaya. Healthcare professionals, policymakers and industry Medical Practise Division of the Ministry of Health presented on the existing leaders converged to look into how best to meet the changing healthcare laws covering those areas, namely the Private Healthcare Facilities and requirements of Malaysia’s population. Approximately 120 people participated Services Act 1998 (Act 586) and the Care Centre Act 1993 (Act 506). in this forum. “Healthcare Financing - The Key to Affordable Access for All” was the final Datuk Seri Dr S. Subramaniam, Minister of Health of Malaysia delivered the session. Mr Andrew Chan Vik Hong, ED and Healthcare Leader for Malaysia Opening Keynote Address, which outlined his thoughts and the ministry’s from PricewaterhouseCoopers Capital Sdn Bhd moderated the panel aspirations for the healthcare industry moving forward. Noting the good comprising Dr Chua Hong Teck, Director of Healthcare and Low Income progress we have made since independence in terms of key indicators such Households from PEMANDU in the Prime Minister’s Department; Datin Dr as life expectancy and mortality rates, he stressed on the need to build upon Nik Amsharija Mohamed, General Manager of the Medical and Rehabilitation our achievements in providing an efficient and equitable healthcare delivery Branch of the Social Security Organisation; and Haji Amiruddin Abdul Satar, system. He called for better balancing of resources between the public President and Managing Director of KPJ Healthcare Bhd. Dr Chua focused and private sectors, refocusing on patient outcomes in the deployment of on raising funds, reducing financial barriers and allocating funds efficiently and advanced technology as well as strengthening of preventive healthcare and equitably, and also advocated for the lower-cost but high quality healthcare primary healthcare to ensure affordability and accessibility. model. Datin Dr Nik spoke about SOCSO’s role in protecting low wage earners as well as its efforts in rehabilitating those injured to resume gainful The first session entitled “The Future of Malaysia’s Healthcare Industry - employment Haji Amiruddin presented the considerations involved in building, Key Drivers and New Opportunities” was moderated by YBhg Dato’ Dr NKS equipping and staffing a private hospital as well as in ensuring its optimal Tharmaseelan, President of the Malaysian Medical Association. The first operational efficiency. speaker was Mr Bryan Lin, CEO of the Group Healthcare Division of TDM Berhad who emphasised on innovation being the key driver. He stressed After the forum, a report was submitted to Datuk Seri Dr S. Subramaniam, that we must take risks to challenge the status quo by doing things differently Minister of Health of Malaysia which included key takeaways and to achieve better outcomes. Next, Dr Rozita Halina Tun Hussein, Deputy recommendations centred upon providing patient-centric healthcare across Director of the Unit for NHF under the Planning and Development Division of the important dimensions of quality, affordability and accessibility, touching on the Ministry of Health advocated for public-private partnerships to transform innovation, public-private partnerships, current issues on GST, Data Protection the healthcare sector to achieve the overarching goal of delivering cost- Act and National Insurance Policy, collaboration within the government, the effective patient-centric care. YBhg Dato’ Dr Jacob Thomas, Chairman of raising and allocation of funds as well as reducing financial barriers, and last Ramsay Sime Darby Health Care rounded up the panel by presenting key but not least profitability and sustainability.

ASLI ACHIEVES GLOBAL RECOGNITION- RANKED AMONG TOP THINK TANKS (Cont. from page 7)

It is humbling and gratifying to have both ASLI and CPPS with their high global for International Peace and Peterson Institute for International Economics is rankings clearly establishing them as the top Think Tank in Malaysia. indeed satisfying.

To be in the same top listing with the world’s top think tanks like the Brookings In many of the listing, ASLI is the only Think Tank from ASEAN and Malaysia. Institution, Chatham House, CSIS Washington DC, Carnegie Endowment This Global Ranking will motivate us to even strive harder to contribute more.

17 POWER & WATER CONFERENCE

Menteri Besar Tan Sri Khalid Ibrahim with by ASLI Director Tan Sri Ramon Navaratnam and Deputy Minister Dato’ Seri Mahdzir Bin Khalid, Mr. Saji Raghavan, Country President ALSTOM, Tan Sri Senior Adviser Ms Jean Wong. Ramon.

Tan Sri Ramon Navaratnam presenting memento of appreciation to Y.B. Dato’ Seri DiRaja Mahdzir Left to right: Mr. Saji Raghavan, Country President ALSTOM; Ng Yeen Seen; Dato’ Roslan Abdul Rahman, Khalid. CCO, TNB; Tan Sri Ramon, Director of ASLI and Chairman of CPPS; Y.B. Seri ; Dato Zohari Akob, KeTTHA; Dato’ Ir. Ahmad Fauzi bin Hassan, CEO, Energy Commission; Somasundram Ramasamy, Senior Undersectary, Energy, KeTTHA.

ASLI organised the Malaysian Water & Power Summit 2014 on 18 Razak Abdul Majid Chief Executive Officer, MyPower Corp and Datin February 2014 with the theme The Future of Water & Power Industry: Roslina Zainal Vice President - Planning, Tenaga Nasional Berhad How Sustainable Are We? This topical conference came at the right (TNB). time given the state of Selangor has been facing dry spell. Our corporate sponsors were Tenaga Nasional Berhad, Siemens & Alstom. We were honoured to receive Tan Sri Dato’ Seri Abdul Khalid Ibrahim Chief Minister of Selangor for the Luncheon Keynote. He spoke about The event started off with the welcoming remarks by Tan Sri Dr. Ramon Selangor’s Water Instructuring. Navaratnam Director, Asian Strategy & Leadership Institute (ASLI) & Chairman, Centre of Public Policy Studies (CPPS), introducing Dato’ Right after lunch, we had session 3 which focused on open discussion on Seri DiRaja Mahdzir Bin Khalid, Deputy Minister from Ministry of Energy, Power & Water Investment. We had Mr Ir. Thong Koon Choon ,General Green Technology & Water Malaysia or known as KeTTHA. Manager - IWC, George Kent, Mr. Charlie Grover Partner, Allen & Overy Singapore, Mr. Adrian Chair Yong Huang Partner, Kadir Andri Session 1 was on “Regulating utilities in Malaysia: Meeting head-on & Partners and Mr. Michiel Prompers Director, CIMB Energy, Natural future challenges by assessing current viable opportunities and was Resources and Infrastructure Hong Kong. This session captivated how moderated by Tan Sri Ramon Navaratnam and the panellists were investment will help the strengthen our natural resources economy. Our Dato’ Syed Danial Syed Ariffin Chief Operating Officer of Puncak Niaga final session was on Water War: The price of quality versus quantity Holdings Bhd (PNHB) & Managing Director, Puncak Niaga (M) Sdn Bhd - Tangibility VS Ringgit. This session was moderated by Datuk Ir. Haji (PNSB), Datuk Ir. Haji Ahmad Jamalluddin B. Shaaban Director General, Ahmad Husaini bin Sulaiman Director General, Department of Irrigation National Hydraulic Research Institute of Malaysia (NAHRIM) and Mr. & Drainage Malaysia and the panel included Mr. Mohamad Asari Mohd Ridhuan Bin Ismail Executive Director - Sewerage Regulatory Daud Honorary Secretary-General, Malaysian Water Association, Mr. Department, Suruhanjaya Perkhidmatan Air Negara (SPAN). Foon Weng Lian Deputy Secretary General, Federation of Malaysian Consumers Associations (FOMCA), Mr Ir. V. Subramaniam Executive Session 2 looked at Restructuring the Electricity Supply Industry & Director of Technical Development, Syarikat Bekalan Air Selangor Security - Availability, Affordability, Accessibility and Acceptability Sdn Bhd (SYABAS) and Mr. Koen Kinsbergen Director for Asset where the 4 key areas which promises availability of energy resources Management Solutions of Pure Technologies Ltd & Managing Director, & infrastructure, the cost risk factor to the economy, the current barriers Asia Pure Technologies Ltd. and constraints as well as the sensitivity to our environmental & social objectives. These 4 key Areas have been addressed through the National The Power & Water forum 2014 was a success given it received huge Energy Policy 1979 in the Malaysian context. It was moderated by media coverage and all the presenters & delegates were the movers Datuk Ir. Ahmad Fauzi Bin Hasan Chief Executive Officer, Suruhanjaya and shakers of our natural resources industry. ASLI will be running Tenaga (Energy Commission) And on the panel we were pleased to this event again in 2015 to recapture the scenario of 2014 and moving have Mr. Saji Raghavan Country President, ALSTOM, Datuk Abdul forward, how we could further improve what we have established.

Tan Sri Ramon Navaratnam presenting memento of appreciation Mr. Saji Raghavan, Country President ALSTOM, Dato’ Ir. Ahmad Left to right: Ms Zalina, Y.B. Tan Sri Khalid Ibrahim, Chief Minister to Chief Minister of Selangor Y.B. Tan Sri Dato’ Seri Abdul Khalid Fauzi Hassan, CEO, Suruhanjaya Tenaga. Datuk Abdul Razak Majid, of Selangor, Ms Kamala, Ms Jessica. Ibrahim. CEO My Power.

18 MALAYSIA-TURKEY BUSINESS FORUM

President of ASLI Mr. Mirzan Mahathir greeting the Minister of The President of ASLI Mr. Mirzan Mahathir and the Turkish Economy ASLI CEO Tan Sri Michael Yeoh, Minister in Prime Minister’s Dept Economy, Turkey. H.E. Nihat Zeybekci. Minister and MITI Minister at the opening of the Forum. Dato’ Seri and Mr. Max Say ASLI Senior President.

Tan Sri Michael Yeoh and Mr. Mohd Nazzifuddin Najib. The Turkish Economy Minister with the ASLI team and Puan Sri MITI Minister Dato’ Seri Mustapa Mohamed and ASLI President Mr. Susan Cheah. Mirzan Mahathir with the Turkish Business delegation. During the official visit to Malaysia by the Prime Minister of Turkey, a ASLI is also the Secretariat of the Malaysia-Turkey Business Council Malaysia-Turkey Business Forum was held. The Minister of Economy with ASLI President Mr. Mirzan Mahathir as the Chairman. of Turkey and MITI Minister Dato’ Sri Mustapa Mohamed both delivered Keynote Addresses at the Forum.

EU-ASEAN DEBATE

The EU - ASEAN Debate with the debaters for and against the motion. The Irish Ambassador H.E. Decian Kelly receiving a memento from Tan Sri Michael Yeoh.

The EU Ambassador H. E. Luc Vandebon and ASLI Senior VP Ms Ng Yeen Seen with the debators. Participants voting for the motion.

KUALA LUMPUR, 26 May 2014: A Doha-style debate organised by the blocs provide a sense of belonging which invoke a common identity Delegation of the European Union to Malaysia and the Asian Strategy & shared amongst a group of nations. Similarly, ASEAN too has embraced Leadership Institute (ASLI) discussed the motion “This house believes globalisation in recent times, developing a solid catalyst to overcome stark that deeper integration similar to the EU’s experiences, is the best way differences between Member States. for ASEAN to safeguard its political and economic future.” The panel of debaters for the motion were H.E. Declan Kelly (Ambassador of Ireland), Meanwhile, the panel against the motion cited the different historical Dr Andreas List (EU Senior Coordinator for ASEAN) and Dr Lili Yulyadi backgrounds and formation motives of both regions as the reason for Arnakim (Department of Southeast Asian Studies, University of Malaya). ASEAN to pursue its own path of integration. The ASEAN way promotes On the other side, the panel of debaters against the motion were Tan Sri non-interference so that countries do not impose their values on one another Fong Chan Onn (former Minister of Human Resources), Mr Bunn Nagara due to their respective individualities. The economic structure of ASEAN (Senior Fellow, ISIS Malaysia) and Professor Ruhanas Harun (Department also lacks a champion to lead the way as in the mould of Germany for the of Strategic Studies, National Defence University of Malaysia). EU. They highlighted that ASEAN began as an association of sovereign nations with the hope of becoming a community, personified by the joint communique issued at every ASEAN summit. Furthermore ASEAN is built In his opening remarks, the Ambassador and Head of the European upon respect for sovereignty without subjecting countries to centralised Union Delegation to Malaysia, H.E Luc Vandebon, said: “While being and formal bureaucracies. Membership of ASEAN has also portrayed geographically far apart and facing different priorities and needs, the EU universal acceptance as seen by their diverse political leaderships. and ASEAN are longstanding partners. We do not simplistically copy each other but rather more subtlety. We can and will learn from each other as Initial polls before the debate showed the audience voting 44% for the we tackle the same types of challenges that emerge from creating single motion and 56% against. However, the post-debate vote swung the other markets and political entities from separate national ones.” way to result in 54% for the motion and 46% against the motion.

Advocates for the motion testified that the EU’s integration was an The event was concluded with a closing speech by Tan Sri Michael extraordinary experience. It had inspired the smaller nations in the grouping Yeoh, who summed up the debate and said: “Both sides believe in open to benchmark and improve their governance based on the bigger and more regionalism and enhancing regional integration will benefit all parties. prosperous Member States. They added that deeper regional integration Moving forward I hope that Malaysia and the EU can conclude the FTA put order into the complex and chaotic modern world, as alliances and next year as well to further strengthen bilateral ties.”

19 GREATER KL CONFERENCE

Tan Sri Ramon Navaratnam presenting a memento to the Secretary-General of the Federal Territories Tan Sri Ramon Navaratnam chairing a panel discussion of the Conference. Ministry representing the Minister.

Patron of REHDA and Managing Director MKH Tan Sri Eddy Chen Tan Sri Nadzmi Salleh Chairman of Express Rail Link. The session on Environment and Heritage. speaking at the Conference. The annual Greater KL & Smart City conference for year 2014 took Glomac Bhd and Deputy President, REHDA, Dr Thomas S.K. Tang place on 20 March 2014, with the theme “Towards a Sustainable Director, Corporate Sustainability, Asia, AECOM Hong Kong, Mr Future at the Pullman Kuala Lumpur. Our wonderful corporate Andy Khoo Country Manager, Hewlett Packard, Malaysia and Mr sponsor for this event was Siemens, IBM & MKH Group. Azri Razif Yahaya Chief Technologist & Country Technical Leader, IBM Malaysia. This year, instead of focusing on cities in Malaysia, we exclusively designed the event to focus on the pride of Malaysia, Kuala Aptly named “Building the Growing City: The Property Outlook & Lumpur. Datuk Seri Adnan bin Haji Md Ikhsan Secretary-General Challenges in developing the Greater KL”, this session looked at of the Ministry of Federal Territories, delivered the opening keynote space management, differential housing engagement and how does address on behalf of the Minister. the construction & real estate industry will thrive in coming years. The moderator was Mr Thong Mun Wai Head, Real Estate& Construction The first session was a panel discussion An update for Greater KL Ratings, RAM Rating Services Bhd and panellists included Tan Sri EPPs: Whats Hot & Whats New and was moderated by Tan Sri Eddy Chen Group MD, MKH Group, Mr Ho Chin Soon Director, Ho Ramon V. Navaratnam, Panellists include Datuk Hj. Mohd Najib Chin Soon Research Sdn Bhd and Dr Daniele Gambero CEO, REI bin Hj. Mohd. Deputy Director General (Project Implementation & International Holding Sdn Bhd. Maintenance) DBKL, Mr Mohd Azharuddin Mat Sah Director of NKEA GKL/KV and NKRA UPT, Performance Management and Delivery Our final session capped the conference on another important Unit (PEMANDU) and Mr Zainal Amanshah Chief Executive Officer, segment, transportation. Instead of examining the current system, InvestKL. The Panel updated delegates on the various projects that we focused on what should be implemented to achieve the best will see the transformation of Greater KL. mobility. The open discussion was titled Mobility as the connector and speakers included Tan Sri Dr. Mohd Nadzmi Bin Mohd Salleh The next session looked at the revolution of smart city - Making Executive Chairman, Express Rail Link Sdn Bhd, Datuk Haji Aslah Kuala Lumpur smart, sustainable & urbanised and once again sitting bin Abdullah President, Persatuan Pengusaha Teksi, Kereta Sewa as moderator was The panel of esteemed speakers included the Wilayah Persekutuan dan Selangor (PERPEKLI), Dr Mastura Adam movers and shakers of the industry such as Mr. Prakash Chandran Department of Architecture, Faculty of Built Environment, University President & CEO, Siemens Malaysia Sdn Bhd, Datuk Seri Fateh of Malaya and Dr Daniele Gambero CEO, REI International Holdings Iskandar bin Mohamed Mansor Group Managing Director / CEO, Sdn Bhd.

Mr. Zainal Amanshah CEO Invest KL. Dato Seri Fateh Iskandar, Mr. Prakash Chandran and Tan Sri Ramon Navaratnam.

20 HUMAN RESOURCES SUMMIT

Dato’ Saripuddin Kasim, Secretary-General of the Ministry of Human Resources Malaysia was greeted upon arrival by Ms Elaine Kok, the conference producer for the 18th National Human Resources Summit with Tan Sri Dato’ Dr. Michael Yeoh, CEO and Director of ASLI and Dean Sri Datin Seri Dr. Susan Dato’ Saripuddin Kasim, Secretary - General of the Ministry of Human Resources Malaysia sharing a light Cheah, Director of ASLI. hearted moment with Puan Sri Datin Seri Dr. Susan Cheah, Director of ASLI and Mr. Max Say, Senior Vice President of ASLI.

Prof Datin Dr. Quek Ai Hwa, Chair of Career Development, Department of Psythology from HELP University Datuk Haji Shamuddin Bardan, Executive Director of Malaysian Employees Federation moderated the and Mr. Sanjeer Vard, Head of HR Global Consumer Bank & Functions cum Head of Compensation & panel comprissing Ms Alice Phang, Group Director of Human Resources from Sunway Resort and Spa; Benefits of Citibank Bhd during the Q&A session on “ Workplace Learning Group Beyond Delivery to Ms Anisha Sasheendean, Chief Talent Officer of Groupon Malaysia; and Mr. Chim Took Piew, Head of Application”. Human Resources Personnel Development from Gleneagles Kuala Lumpur at Session 4 - The ER of HR : Effectively Managing “Engagement” and “Retention”.

The final session on “Work-Life Balance vs Work-Life Integration meeting the Needs of Different Session 2 - HR and Change Management: Helping People Embrace Change and Managing Resistance Employees” was moderated by Ms Ling Cheah, Editor of mystarydb.com form Leaderonomus (2nd from had Ms Tan Mei Ling, AssociateDirector of Human Capital Development from PEMANDU and Mr. Andreas left).The panel comprised Ms Ripa Rashid, Director of Faculty & Currisum form MMF Leadership & Dam certified MP and Mypnosis human from Asia Mind Programme keeping the audience attentive. Governmence Centre (leftmost), Ms Salika Suksuwan, Head of Industry Partnerships at Zakat Corporation Malaysia Bhd (3rd from left) and Mr. Shazmi Ali, Human Resource Director of Pfizer Malaysia. On 29th April 2014, ASLI organised the 15th National Human Resources “Workplace Learning: Going Beyond Delivery to Application” was the third Summit with the theme of “Laying a Firm Foundation for Success” at topic. YBhg Professor Datin Dr. Quek Ai Hwa, Professorial Chair of Career Sunway Resort Hotel and Spa in Petaling Jaya. Approximately 150 HR Development, Department of Psychology from HELP University highlighted professionals and senior executives from the public and private sectors the need to strategically plan learning in order to translate it into practise while converged to learn from each other and to form strategic partnerships Mr. Sanjeev Vaid, Head of Human Resources for Global Consumer Bank and for furthering the HR agenda and aligning it with their organisation’s Functions from Citibank shared about the bank’s development framework strategic business objectives. that focused on providing learning opportunities over a span of time to ensure unity of culture and standards transcending product and regional lines. Dato’ Saripuddin Kasim, Secretary-General of the Ministry of Human Resources Malaysia delivered the opening remarks on behalf the Next was a panel session entitled “The ER of HR: Effectively Managing Minister, YB Dato’ Sri Richard Riot Jaem. The speech stressed that ‘Engagement’ and ‘Retention’.” Datuk Haji Shamsuddin Bardan, Executive HR is all about people, who are an organisation’s greatest asset and Director of Malaysian Employers Federation moderated the panellists its most important source of competitive advantage. He noted the larger comprising Ms Alice Phang, Group Director of Human Resources from strategic role of HR in this era and the inherent interconnectedness Sunway Resort Hotel arid Spa; Ms Anisha Sasheendran, Chief Talent Officer amongst all HR functions, and went on to exhort on the need for people- of Groupon Malaysia; and Mr. Chin Tuck Piew, Head of Human Resources centric approaches especially in the areas change management, training and Personnel Development from Gleneagles Kuala Lumpur. Ms Alice and development, and engagement and retention. He also took the shared on SRHS’s erpployee engagement measure and expressed her view opportunity to highlight the government’s support for HR across all that retention would not be an issue if engagement is done right. Then Ms sectors ofthe economy. Anisha spoke about giving people strategy equal weight to business strategy, and focusing on recognising and rewarding people. Finally, Mr Chin exhorted The first session was entitled “Strategic HR: Translating Business for outcome-based engagement and touched on the potential of ‘people Strategies into HR Priorities.” Mr. Darrel Lourdes, HR Director of Shell power’ especially inter-staff appreciation and building bridges to connect Malaysia Ltd spoke first, sharing about Shell Chemical’s unconventional people from all areas and levels. performance management strategy which led to a successful turnaround from the brink of divestiture. Mr. Animesh Mukherjee, Country Leader of Aon Hewitt followed, sharing about HR Analytics in relation to the The summit concluded with the session on “Work-Life Balance vs Work-Life topic. He explained its various uses and benefits especially in terms of Integration: Meeting the Needs of Different Employees” moderated by Ms evidence-based decision making and predictive analysis. Lily Cheah, Editor of myStarjob.com from Leaderonomics. Ms Ripa Rashid, Director of Faculty and Curriculum from ICLIF Leadership and Governance In the second session on “HR and Change Management: Helping Centre debunked the myth of linking productivity to the number of hours People Embrace Change and Managing Resistance”, Mr. Andreas Dorn, clocked. Instead, she focused on mobility. Ms Salika Suksuwan, Head of a Certified NLP and Hypnosis Trainer from Asia Mind Dynamics gave Industry Partnerships at Talent Corporation Malaysia agreed that clocking invaluable advice on initiating change amongst people while stressing time is meaningless. She emphasised on end results and noted that flexibility on the need for respect. Ms Tan Mei Ling, Associate Director of SRI is highly sought after nowadays. Mr. Shazmi Ali, Human Resources Director Human Capital Development from PEMANDU shared the government’s of Pfizer Malaysia then brought up the issue of trust as a major barrier to transformational secrets under the Government Transformation flexibility, and exhorted the need for greater understanding and compromise Programme. across generations to make things work.

21 US PRESIDENT OBAMA’S VISIT & YSEALI

Youth from ASEAN and Malaysia very eager to be chosen by the US President Obama with the YSEALI deligates at the Town Hall Ms Ng Yeen Seen Senior VP of ASLI with the US under secretary of President to raise a question at the Town Hall meeting. meeting. state for Public Diplomacy and Public Affairs Richard Stengel and US Ambassador Joseph Yun at The YSEALI Welcome Dinner. ASLI Senior Vice President and Senior Director of CPPS Ms Ng Yeen Seen was also among the 500 youth to be invited to meet Yeen Seen was chosen to be among the 100 ASEAN youth to be with the US President Barack Obama at the Town Hall Meeting part of the inaugural Young South East Asian Leadership Initiative on the 27th April 2014. Recognizing that over 65% of the ASEAN (YSEALI) workshop in conjunction with the US President Barack population today are under the age of 35, the US President prioritizes Obama’s visit to Malaysia. YSEALI is a new initiative launched by the engagement with ASEAN youth as part of the US’s strategic US government, which among others seeks to augment leadership rebalance to Asia Pacific region. President Barack Obama told the development and networking in ASEAN, deepen engagement with young leaders throughout ASEAN that it is going to depend on their young leaders across critical sectors and strengthen people-to- generation to build the future, advising them to ‘be on the side of people ties between US and young leaders across the region. politics that brings people together rather than drives them apart.’ CPPS REPORT

CPPS SenIor Director Ng Yeen Seen with PAS MP Dato Dr. Majahid, MCA’s Dato Ti Lian Ker and UMNO Tan Sri Michael Yeoh presenting a memento to DAP MP Liew Chin Tong. Youth’s Dr. Fathul Bari.

MCA’s Gan Ping Sieu and UMNO Youth’s Dr. Fathul Bari. Ms Ng Yeen Seen, YB Liew Chin Tong, YB Hanipa Maidin, YB Dato Dr. Majahid Yusof Rawa, Tan Sri Michael Yeoh, Dr. Fathul Bari, Mr. Gan Ping Sieu and Datuk Ti Lian Ker. CPPS Ranking DAP), Dr Fathul Bari (United Malays Organisation-UMNO), Datuk Ti CPPS was ranked 7th best think tank in Asia in the 2013 Global Lian Ker (Malaysian Chinese Association-MCA) and Mr Gan Ping Sieu Go To Think Tank Report released in New York conducted by the (Centre for a Better Tomorrow). The CEO of ASLI, Tan Sri Dr Michael University of Pennsylvania. The report was issued by Think Tanks Yeoh moderated the forum. Approximately, 50 participants attended and Civil Societies Programme at the University of Pennsylvania. It the event, represented by the diplomatic community, corporate was based on a survey of 6,826 think tanks in the world. CPPS was leaders, civil society, politicians and members of public. also ranked 38th in the world among top education think tanks and 27th n the world among top transparency and good governance think The US Pivot to Asia and Its Implications for the Region tanks, where it was the only Malaysian think tank listed. In conjunction with the visit of the US President, Mr Barack Obama to Malaysia on April 26th the Centre for Public Policy Studies and The The Emerging Perspectives on Hudud in Malaysia Jeffery Cheah Institute (JCI) organized a forum on the topic “US Pivot CPPS organised an open forum entitled the Emerging Perspectives to Asia Policy and Its Implications for the Region”. It was held on 24th on Hudud in Malaysia. It was held on 27th May, 2014 at the Bankers’ April 2014 at the Sunway University. The key speakers were Prof Dato Club. The aim of the forum was to facilitate an effective and inclusive Woo Wing Thye, from the President of Jeffery Cheah Institute (JCI); dialogue between members of publics and political parties on the Dr Tang Siew Mun, Director of Institute of Strategic and International political implications of the recent Hudud controversy. The key panellist Studies (ISIS); and Ambassador (R) Dato Redzuan Kushari, Deputy featured YB Dr Mujahid Rawa (Pan Malaysian Islamic Party-PAS), YB Chairman, Foreign Policy Study Group. It was moderated by Prof Hanipa Maidin (PAS), YB Liew Chin Tong (- James Chin from the Monash University. (Cont. to page 23) 22 HONG KONG CHIEF SECRETARY’S PROGRAMME

The Hong Kong Chief Secretary Mrs Carrie Lam and MITI Minister Dato Seri Mustapa Mohamad arriving at the Honorary President Hong Kong Chinese Genaral Chamber of Commerse Dr. Jonathan Choi presenting a programme. memento to Dato Seri Mustapa Mohamad Whilst ACCCIM Deputy President Dato Ter Leong Yap and Tan Sri Michael Yeoh look on.

Ms Ng Yeen Seen, Dr. Jonathan Choi, Mrs Carrie Lam, Tan Sri Michael Yeoh and Mr. Max Say. ASLI CEO Tan Sri Michael Yeoh speaking at the panel session moderated by Dato Low Kian Chuan Secretary General ACCCIM. The Hong Kong-ASEAN Regional Cooperation Forum, co-organised by as a platform for ASEAN to cooperate with the East Asian region. The the Hong Kong Economic & Trade Office (HKETO), Chinese General evolving Hong Kong-ASEAN relationship was also being highlighted. Chamber of Commerce (Hong Kong) (CGCC), the Associated Chinese Chambers of Commerce and Industry of Malaysia (ACCCIM), and Delivering a keynote luncheon address Mrs Carrie Lum, Chief Secretary ASLI was held on 5 June, 2014 at InterContinental Kuala Lumpur. for Administration, Government of the Hong Kong Special Administrative The aim of the forum was to explore new opportunities for cooperation Region, outlined the position of the government of Hong Kong on and collaboration between Hong Kong and ASEAN, in addition to the the upcoming negotiations for a Hong Kong-ASEAN FTA. Various proposed Hong Kong-ASEAN Free Trade Agreement (FTA). new infrastructure projects aimed at improving connectivity between Hong Kong and China were introduced as means to encourage trade Distinguished speakers at the Opening Ceremony of the forum included and growth between the two geographies. Mrs Carrie Lum had also Dr. Jonathan Choi, Permanent Honorary President, CGCC, Tan Sri Dr reiterated her government’s commitment to the principle of free trade Michael Yeoh, CEO, ASLI and Datuk Ter Leong Yap, Deputy President, and reassured that Hong Kong will remain as a “One Country, Two ACCCIM. Dato’ Sri Mustapa Mohamed, Minister of International Trade Systems” capitalist society. and Industry of Malaysia (MITI), delivered the keynote address in which he outlined the comparative advantages of both Malaysia and Hong Kong, and shed light on the role of his Ministry in forging a close trading NATIONAL YOUTH relationship between the two parties. DELEGATION TO CHINA

The two governments of Malaysia and Hong Kong later signed a new set Ms Ng Yeen Seen joined the 100-member youth delegation from Malaysia of Memorandum of Understanding (MoU) on deepening collaboration on a diplomatic trip to the People’s Republic of China in May 2014. YB and fostering investment among the two parties. Khairy Jarnaluddin Minister of Youth and Sports led the delegation with the commemoration of 40 years of diplomatic relations between Speakers at the panel discussion were Mr Simon Galpin, Director- Malaysia and China. The youth delegation was part of a biennial youth General of Investment Promotion, Invest Hong Kong, Dr Jonathan Choi, exchange programme hosted by the All China Youth Federation as a Permanent Honorary President, CGCC, and Tan Sri Dr Michael Yeoh, means of establishing closer relationship between the youth in Malaysia CEO, ASLI. Topics discussed during the session centred on Hong Kong and China within the spheres of Economic, Social and Politics.

CPPS REPORT (Cont. from page 22)

The forum aimed to discuss and to review the implications of the It was one of the gatherings of high level representatives from Pivot policy for the region and beyond, in the broader context of US the public and corporate sectors, national planning authorities, rebalancing power in Asia, with a particular focus on the Trans- regulators, academicians, politicians, advocates and the diplomatic Pacific Partnership (TPP) Agreement. Approximately 60 participants, communities focused exclusively on issues specific to monopoly, high representing the academia, think-tank, diplomatic community and public level corruption, unexplained wealth and illicit financial outflow. 50 citizens attended the event. delegates participated at the roundtable. This closed door roundtable contributed to the evolving debate about the framework of the Anti- Corruption in Malaysia Closed Door Rountable: The Making of an Corruption National Key Result Area (NKRA). It discussed issues Unequal Society specific to monopoly, high level corruption, unexplained wealth and A closed door roundtable was held on 7th April, 2014, at the Royal illicit financial outflow. It enabled exchange of knowledge and insights Lake Club to discuss and to identify pragmatic options to reinforce amongst public and private sectors, scholars and civil society. the implementation of anti-corruption measures in Malaysia. The key panellists featured were Tan Sri Haji Abu Kassim, the Chief CALD Climate Strategic Planning Workshop Commissioner of the Malaysia Anti-Corruption Commission (MACC); The Council of Asian Liberals and Democrats organised a Climate Datuk Dr Mohammad Tap Salleh, the President of the Malaysia Institute Change Strategic Planning Workshop in on 14th March of Integrity; Prof. Datuk Hj. Muhammad Ali Hassan (Transparency through 17th March, 2014. CPPS team participated at the workshop. International Malaysia); Ms Shila Dorai Raj, Chief Executive Officer of the The Senior Director of CPPS, Ms NgYeen Seen facilitated the Malaysia Competition Commission (MyCC); Mr Ravindran Devagunan. workshop. Director of Performance Management and Delivery Unit (PEMANDU); and Prof Sulochan Nair, Binary University Executive Chairman.

23 CORPORATE ROUNDTABLE WITH AMBASSADOR OF US

PKR Vice President Nurul Izzah Anwar and Melewar Group Deputy Chairman Mr. James Beltran greeting US Ambassador Joseph Yun. ASLI Director Tan Sri Razman Hashim presenting a memento to the US Ambassador.

Tan Sri Radzi Mansor posing a question to the US Ambassador. From left Dato Syed Sultan, Tan Sri From right: Tan Sri Michael Yeoh, Senior Pastor Daniel Ho, Tan Sri Razman Hashim, Prof. James Chin, Kishu, Tan Sri Nadzmi and Tan Sri Munir. Tan Sri Peter Chin, Ms Jean Wong, Dato Nik Gee, Dato Abdul Majid Khan.

ASLI held a Corporate Roundtable with the new United States Ambassador city relationships are being explored the first between Portland, Oregon HE Joseph Yun who spoke on the Malaysia US Relations Post Obama and Kota Kinabalu. The Ambassador further stressed the importance of visit. The Ambassador shared the success of the Presidential visit, strenghthening educational ties and people to people ties. the first in almost 40 years and said both President Obama and Prime Minister Dato Seri Najib had a good relationship. Economically the USA is the biggest investor in Malaysia and US companies employ over 150000 Malaysian workers. Amb Yun Ambassador Yun also spoke on the three pillars of US - Malaysia emphasised that the US economy is recovering from the financial crisis relations-the political and security pillar, the economic and trade pillar and the macroeconomic picture looks good. and the people to pillar pillar. Ambassador Yun said the two leaders have decided to upgrade the bilateral relations to a comprehensive The Ambassador also spoke about the US role in the region and the US partnership encompassing. these three piliars.He also shared that sister rebalance to Asia.

CFO SUMMIT WORLD HALAL FORUM The World Halal Conference 2014 was held at the Kuala Lumpur Convention Centre in Malaysia on 9 of April 2014 through 10 of April, 2014. This event was co-organised by the Halal Development Corporation (HCD) and ASLI, hosted by the Ministry of International Trade and Industry (MITI). The conference was attended by about 800 participants from 53 countries.

Over the coming decades, the convergence between Islamic finance and ASLI Programme Director Mr. Prabhu Menon greeting Secretary General of the Treasury Tan Sri Dr. Irwan the Halal industry will create a new landscape for economic purposes. the Deputy Finance Minister Dato Ahmad Maslan. Serigar greeting speakers at the conference. The former is looking for compliant opportunities and the latter is looking for compliant financing and presenting itself as an investment opportunity. With regard to Islamic finance, the Halal industry faces issues with a lack of SME funding, thus greater focus should be given to support the SMEs. The convergence of the Islamic finance and the Halal sector, under the Syariah compliance calls for the focus on the following pillars of the Islamic economy such as Islamic finance (sukuk), SME development, the development of the Islamic economy infrastructure and the promotion of Halal as a way of living. Ms Ng Yeen Seen moderating the panel with the Public Accounts Committee Chairman of Parliament Dato Nur Jazlan and Mr. Bob Chua CEO of Pulse Group. Six-point resolutions were issued at the end of the two days conference. Asli once again organised the annual CFO summit recently which saw the The resolutions are: participation of Chief Financial Officers and senior finance professionals Resolution 1: There is a need to affirm the implementation of Halal to discuss the critical role in managing the Finance function and the certification and Halal standards to promote a holistic way multiple role of the CFOs as custodians of corporate andpublicfunds, as of life. corporate strategists and as guardians of business ethics and integrity. Resolution 2: Enhance the awareness and relationship between Halal and global food security. Deputy Finance Minister Dato Haji Ahmad Maslan officiated the Resolution 3: Recognise the integral role of Halal practises in food waste conference with the Secretary General of the Finance Ministry Tan Sri Dr reduction and safety of product consumption for sustainable Irwan Serigar delivering the Keynote Address. development of the global food security system. Resolution 4: Exchange experience and innovation among different countries. Resolution 5: The roles of Multi-National Companies (MNC) and Islamic banking in creating assets class, such as investing in “Khazanah ASLI” 1718, Jalan Ledang, Off Jalan Duta, 50480 Kuala Lumpur. Islamic banks with Halal agenda. Tel: (603) 2093 5393 Fax: (603) 2093 3078 Resolution 6: The power of marketing and branding should be people- http://www.asli.com.my Email: [email protected] centric, to be more acceptable among the non-Muslims.

24 ASLI CHINESE NEW YEAR OPEN HOUSE

Tan Sri Ong Tee Keat, YB , Tun Hanif Omar, Datuk Dr. Rebecca Fatima Sta Maria, Mr. Mirzan Mahathir, Dato Seri , Datuk Paul Low, Tan Sri Dr. Munir Majid, Tan Sri Ramon Navaratnam and Tan Sri Michael Yeoh.

Tun Hanif Omar, Tan Sri Ong Tee Keat, Dato Seri Abdul Wahid Omar, Tan Sri Michael Yeoh and Datuk Datuk Paul Low, Tan Sri Abu Zahar Ujang, Mr. Mirzan Mahathir, Tan Sri Ramon Navaratnam, Datuk Dr. Paul Low. Rebecca Fatima Sta Maria and Tan Sri Dr. Munir Majid.

Datuk David Chua speaking with Datuk Paul Low. Seated: Tan Sri Chan Choong Tak, Tan Sri Michael Chen, Datuk David New Zealand High Commissioner David Pine, Mr. Mirzan Mahathir, Chua, Tan Koon Swan. Standing: Singapore High Commmissioner Datuk Paul Low and Mr. Max Say. Ong Keng Yong, Tan Sri Wng Foon Meng, Ms Ng Yeen Seen.

Mr. Mirzan Mahathir, Mr. Max Say, YB Theresa Kok, Tan Sri Michael Mr. Max Say, Dato Bong Hon Liang President Malaysia China Chamber The ASLI team. Yeoh and Datuk David Chua. of Commerce, Tan Sri Michael Yeoh and Datuk Yong Ah Pwi.

Team ASLI with Minister in the Prime Minister’s Dept Dato Seri Australian High Commissioner Rod Smith and his wife, Japanese Federal Court Judge Justice Tan Sri Zaleha Zahari, UN Abdul Wahid Omar. Ambassador for Environment Masahiro Horie and his wife and Mr. Representative Michelle McDonough, Ms Jean Wong, Mr. Low Tuck Max Say. Seng and DAP MP YB .

25