Committed to creating a voice for Asia in the world, Channel NewsAsia has embarked on a journey to the key cities of Southeast Asia, to uncover the unique corporate culture and business practices of the region.
Business Insights is a series of high-level CEO forums that gathers captains of industries, government leaders and think tanks to discuss how business communities can achieve success and contribute to sustainable development, and to understand the country's economic growth, challenges and opportunities. It has been held in Bangkok, Ho Chi Minh, Jakarta, Kuala Lumpur, Singapore, Vientiane, and Yangon.
Each forum is moderated by a Channel NewsAsia presenter and features a stellar line-up of speakers and experts to share their insights and perspectives on headline issues and trends.
How to Succeed in ASEAN Developing Economies
6 September 2016
Channel NewsAsia, brought together business leaders and the government sector for a forum held during the ASEAN Business and Investment Summit (ABIS) 2016, at Muong Thanh Luxury Hotel in Vientiane, Laos. On 6th September, a Business Insights ASEAN Special forum on how businesses can “Succeed in ASEAN Developing Economies” took place.
One of the strategic areas of discussion during the session was how businesses in Laos had to overcome various challenges over the past two decades including the financial crisis, difficulty obtaining loans and investment as well as competition in the market. Viewpoints were also exchanged on solutions to help companies grow and the future vision for businesses in ASEAN, where there is potential for relationships to be forged across the region to exchange knowledge, understand consumers better and expand operations.
Channel NewsAsia also conducted a special dialogue session with Christine Lagarde, Managing Director of International Monetary Fund (IMF) who spoke about “ASEAN Economic Development Perspectives” on 7th September.
When asked about the lessons ASEAN countries can learn from Europe and Brexit, she said, “With the ASEAN Economic Community, all countries in ASEAN are starting together and this is important. There is shared value to proceed together, being bound together and to integrate. Joint projects and investments in the region are also important. In addition, there is value on preserving culture – economic integration does not mean any of the ASEAN countries would need to lose its culture.”
With the rising economic profiles of ASEAN countries, there has been growing interest from investors and multinationals across the globe. Both forums, were moderated by Channel NewsAsia Presenter and Executive Producer, Chloe Cho.
Executive Producer and Presenter
CEO, ANZ Bank Laos
CEO, Green Hills Coffee
Director, Khamphay Sana Group
Advisor to the President of ST Group
Highlights from the special session can be viewed here