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Asean BAC appoints Brunei representatives

Publication Date : 24-01-2013


The Asean Business Advisory Council (Asean BAC) has appointed three new members from the Brunei business community in the lead-up to the Asean Summit this year.

The Brunei representatives, Fauziah Talib of IQ-Quest Company, Lisa Ibrahim of Arkitek Ibrahim and Rosdi Amin Yaakub, deputy CEO Of HSBC, will be representing the views of the private sector on SMEs, young entrepreneurs and finance.

Asean BAC Brunei yesterday held a meeting with their Asean BAC counterparts for the first time yesterday in Brunei, a statement from Asean BAC Brunei said.

The meeting started with Lim Jock Hoi, as Asean Brunei chair of the Senior Economic Officials Meeting, sharing an overview of the Asean theme and Asean Economic Community (AEC) deliverables for 2013.

Also present was the Asean Deputy Secretary General, Lim Hong Hin, who shared the progress of Asean initiatives.

The meeting then proceeded with the Chair of Asean BAC 2013, Fauziah Talib, who highlighted the Asean BAC Brunei theme and deliverables for 2013.

Asean BAC 2013's theme "Moving . Ahead . Together"; focuses on reinforcing the foundation and accelerating progress for a seamless regional economy by 2015.

This was emphasised by the Chair's statement: "As we get to the critical deadline of Asean governments realising the Asean Economic Community by 2015, the Asean BAC 2013 is a year of greater urgency, requiring practical approach on addressing perennial issues across many existing regional platforms and optimising resources on common business issues, mostly especially on the ease of doing business and trading across borders. Asean BAC 2013 is a year of added awareness that it is definitely 'business as unusual'."

"Asean BAC will build on past successes and continue the work done in 2012 with focused priorities on: strengthening regional economic integration and expanding trade; promoting start ups and the sustainable development of businesses; and promoting the inclusion of youth and women," the statement read.

"Part of the Asean BAC work programme will include the organising of its annual Asean Business and Investment Summit, scheduled for August 22-24 2013 and chaired by Lisa Ibrahim, and the Asean Business Awards (ABA), chaired by Rosdi Amin Yaakub. Shazali Sulaiman of KPMG Brunei was also confirmed at the meeting as the Strategic Partner to the ABA."

To kick start Asean BAC outreach to the local business community, a networking lunch was also held during the meeting in Brunei where representatives of key industry players were invited. During the luncheon, the CEO of HSBC, Todd Wilcox, gave a perspective of the regional outlook for 2013 and how this impacts Asean countries.

Asean Business Advisory Council

The Asean Business Advisory Council (Asean BAC) is mandated by Asean Leaders as the official Asean linkage to provide private sector feedback and guidance to boost Asean's efforts towards economic integration; and to identify priority areas for consideration by the Asean Leaders.

The Asean BAC comprises of a maximum of three high-level CEOs of companies from each member country.

Asean Business and Investment Summit

Since it was established by the leaders of Asean in 2003, the Business Council has been active in promoting public-private sector partnership to assist the integration of an Asean Economic Community (AEC).

The Asean Business and Investment Summit (Asean-BIS) is organised by the Asean BAC, as the avenue to promote public and private sector partnership in the region. Annually, the congregation on average attracted a total of 700 to 1000 delegates comprising prominent dignitaries, regional and global businessmen, academicians and policy-makers generated mainly from Asean member states, dialogue partners and the rest of the world.

Asean Business Awards

Since the establishment of Asean forty years ago, captains of Asean industries and companies have contributed, in no small measures, to Asean's common goal of economic integration.

In honouring the achievements of the region's 'Most Outstanding Enterprises', Asean-BAC also holds the annual Asean Business Awards (ABA) to coincide with the Business Summit. ABA has the dual objective of showcasing home-grown Asean globally competitive companies that will become role models for aspiring Asean companies as well as to spotlight promising SMEs which have the potential of becoming global players.


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