EU-ASEAN Business Council

The latest European Union-ASEAN Business Sentiment Survey reveals a record 59 percent of European businesses felt that the EU is not playing its part in supporting their interests in Southeast Asia, marking the highest level of dissatisfaction since the survey was launched in 2015. It is not just the companies talking; speaking to ministers, senior officials and policymakers across Southeast Asia as I regularly do, the EU is clearly missing key passes where other global players are all too eager to take possession. A case in point is the recent ASEAN Ministers for Energy Meeting in Vientiane, where most dialogue partners were present, but the EU was absent despite having so much to offer in areas like energy transition and the development of a regional power grid. Read more: https://lnkd.in/gPXwwcjJ #business #economic #cooperation #eu #asean #opinion #thejakartapost Chris Humphrey

Join us on November 5, just a day after Maroš Šefčovič’s confirmation hearing as the new EU Trade Commissioner, for an in-depth discussion on what his leadership means for EU-ASEAN relations and businesses. Šefčovič, a long-serving and pragmatic figure within the European Commission, now steps into a key role that will shape the EU's trade policies during a time of strategic shifts towards economic security and trade defences. Come listen to our expert panel as they analyse Šefčovič’s remarks during the hearing and discuss the potential impacts on region-to-region trade relations. We will explore how his oversight of customs policy and experience in energy and geopolitical projects might influence ongoing FTA negotiations, regulatory tensions, and the EU’s Green Deal agenda, including CBAM and the deforestation regulation. Key takeaways: 💡 Insights into Maroš Šefčovič’s trade priorities following his confirmation hearing 💡 Analysis of how his leadership will influence EU-ASEAN trade dynamics and business relations 💡 Perspectives on whether Šefčovič will deepen EU engagement with ASEAN Register now by scanning the QR code below or through this link: https://lnkd.in/gmmXuzz6

We’re pleased to welcome our newest members to the EU-ASEAN Business Council for the second half of 2024: - Lufthansa - STMicroelectronics - GSK - Siemens Energy - Vriens & Partners With their addition, we continue to grow as the leading platform for promoting EU-ASEAN trade, investment, and economic cooperation. We look forward to working together towards shared goals and contributing to the development of stronger and more resilient EU-ASEAN relations.

A profound evolution is unfolding with generative AI, yet how can companies and executives harness it for success—and what are the risks if they fail to seize the moment? Amid concerns over safety and profitability, can the promise outweigh the perils? Learn to harness the power of AI in a dynamic day of insights with 300 fellow business leaders and technology experts. AI Innovation Asia probes the opportunities and challenges of applying AI to your business, to unlock productivity, innovation and growth. Interact with peers in Singapore on November 28th 2024 to maximise the potential of the technology. Register Here: https://lnkd.in/gVv_Nf6i

Illuminate retail's digital frontier - join RESA 2024 at the vibrant heart of Thailand! The Retail & E-Commerce Summit Asia 2024 is set to revolutionise the retail and e-commerce landscape on October 17, 2024, at the Hyatt Regency Bangkok Sukhumvit. Under the theme "Retail Revolution: Illuminating Digital Drivers for Growth and Security," this premier event brings together retail industry executives and heads across diverse sectors including FMCG, F&B, real estate, travel, fashion, beauty, furniture, and more. As Southeast Asia continues to make giant strides in digital innovation, Thailand emerges as a key player with its rapidly evolving e-commerce ecosystem. The summit will address the unique challenges and opportunities in this dynamic market, focusing on consumer preferences, technological advancements, and strategies for sustainable growth. Attendees can expect a day filled with insightful keynote presentations, interactive panel discussions, and valuable networking opportunities. Don't miss this opportunity to be at the forefront of the retail revolution. Join industry peers, gain actionable insights, and forge meaningful connections that will drive your business forward in the digital age. For more details and to secure your spot, visit here: https://lnkd.in/guYeGfaW

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Join us at the Global Trade and Supply Chain Summit on October 8th-9th in Dubai. Over 100 influential speakers will tackle pressing issues such as resilience and relations, AI, CBAM, nearshoring and powering up trade through innovation. Register Here: https://lnkd.in/gdHM9JQU #EconGlobalTrade

86% of European businesses expect to increase trade and investment in ASEAN markets over the next five years, according to the EU-ASEAN Business Council’s latest poll. To conduct this poll, the council worked with the European Chamber of Commerce, Singapore (EuroCham Singapore) and assessed the potential and challenges seen in Southeast Asian markets. While the opportunities offered by ASEAN’s expanding consumer base and strategic location are significant for European businesses, barriers such as inefficient supply chains and new regulatory challenges may make companies hesitant to expand. To address this, Chris Humphrey, Executive Director of the EU-ASEAN Business Council commented, “There is a clear need for stronger engagement from European institutions to support businesses in navigating these challenges and to ensure that ASEAN remains a leading hub for trade and investment.” Have a read and follow The Peak on LinkedIn for your daily dose of the latest in business, finance, and lifestyle news.

4 DAYS LEFT _______________ The EU-ASEAN Business Council is proud to be a supporting partner for the Retail & E-Commerce Summit Asia. As Southeast Asia’s digital marketplace continues its explosive growth, Singapore stands poised for remarkable expansion, anticipated to reach in retail and e-commerce revenue this year. This summit will delve into strategies and innovations driving this growth, ensuring you’re at the forefront of industry developments. Experience an unparalleled opportunity to connect with industry leaders and experts. Don’t miss out on this pivotal event on the future of retail and AI! For more details and to secure your spot, visit here: https://lnkd.in/edZt__WN

The EU-ASEAN Business Council is proud to be a supporting partner for the Retail & E-Commerce Summit Asia. As Southeast Asia’s digital marketplace continues its explosive growth, Singapore stands poised for remarkable expansion, anticipated to reach in retail and e-commerce revenue this year. This summit will delve into strategies and innovations driving this growth, ensuring you’re at the forefront of industry developments. Experience an unparalleled opportunity to connect with industry leaders and experts. Don’t miss out on this pivotal event on the future of retail and AI! For more details and to secure your spot, visit here: https://lnkd.in/g9tcfrYr