The American Chamber of Commerce in Singapore (AmCham Singapore)’s Post

A New Culture of Governance for an Inclusive Digital Future. I am thrilled and honoured to participate as a plenary panel speaker in the 8th Global China Dialogue organized by the Global China Academy (UK), the UCL Global Business School for Health (UK), the ESRC Centre for Corpus Approaches to Social Science, Lancaster University (UK) and College of Arts and Media, Tongji University (China). The Global China Dialogues are a series of high-end forums centred on the concepts of ‘transculturality’ and social creativity, using China as a comparator or through interactions with the Chinese to explore and study global governance and advance the sustainable development of human society . The 8th Global China Dialogue (GCD VIII) will be held on the 8th December at the British Academy. It will explore challenges and opportunities for global health governance, especially in the Chinese context, given China’s ageing population, continued economic growth and desire to reimagine healthcare management and governance. The Healthy China 2030 strategy emphasizes the need to develop the health sector in China. China has also instituted significant regulatory reforms in the health sector, while considering healthcare in the new global governance framework. Besides my affiliation with the UCL Global Business School for Health as Health Executive in Residence the added significance of this GCD VIII is that I have the pleasure to have participated as an expert in the WHO/ World Bank Group/ Government of China Joint Study Group which prepared the "Deepening Health Reform in China" policy framework (2016) which is now being implemented as Healthy China 2030. I wish to thank the Director of the UCL Global Business School for Health Professor Nora Colton for the invitation to join this global dialogue on public policy, good governance and leadership and look forward to the forum. For registration: https://lnkd.in/g-8NM_5n   #globalhealth #innovationinhealthcare #governance #policy #leadership #collaborativeleadership #ai #socialinnovation #sustainabledevelopmentgoals

Following the 15th ASEAN & Asia Forum this month, the Singapore Institute of International Affairs (SIIA) has released an insightful report outlining the dangers of pandemic amnesia and how our region can build resilience for the future. Read the SIIA report as well as MSD’s white paper on the ongoing costs of COVID-19 at the links below.

"At a panel discussion on charting growth amid geopolitical challenges (at the 15th Asean and Asia Forum, Rebuilding Resilience in a Prolonged Polycrisis held at The Fullerton Hotel Singapore on Friday), Mr Liew Chin Tong, Malaysia’s Deputy Minister of Investment, Trade and Industry, said: 'If each of our societies has a much stronger middle class and more prosperous society, you will have a lot more stability. Politics will eventually come and go... if you have a strong society, you will be able to sustain changes of political affiliations.' Fellow panellist and DBS chief executive Piyush Gupta concurred, bringing up the example of Thailand, which has been facing political instability with multiple changes in governments. Said Mr Gupta: 'Thailand, despite the rapid changes of government, has done really well in economic terms. As long as the countries in the region build the capacity of people to be able to put their minds and the economics to work, they can actually make it happen.'... In his keynote dialogue rounding off the conference, Health Minister Ong Ye Kung said that in order to tackle growing inequality between the rich and the poor in a globalised world with rapid technology advancement, a new compact is needed between the government and people. 'We need to grow sectors to bring in new activities, activities that can create value because they create jobs. At the same time, invest in training, education and public health. Keep those pieces right, make them universally available to everyone rich and poor,' said Mr Ong. 'This means the state will need to do more, intervene more and spend more in order to upgrade all segments of society.' " Lee Li Ying, A stronger middle class needed to create more stability in societies: Panellists, 5th August 2023 printed edition of the Straits Times, page A2, https://str.sg/iivw

NEW REPORT | BUSINESS CONFIDENCE INDEX (BCI) Q1 2024 👉 Download now: https://bit.ly/3TNIksn The European Chamber of Commerce in Vietnam’s (EuroCham) most recent Business Confidence Index, conducted by Decision Lab, has signalled optimism in Vietnam's economy. The quarterly index reached 52.8 in Q1 2024 – its highest level since Q3 2022 – a clear sign of increased confidence within Vietnam’s European business community. "This positive trend underscores the European business community's view of Vietnam as a dynamic market with promising growth prospects," said EuroCham Vietnam Chairman Dominik Meichle from Bosch Vietnam. "The index once again rising above the 50 threshold reaffirms the country's growing appeal. Continued efforts to enhance stability and predictability will further strengthen Vietnam's global competitiveness and unlock its full potential." "The hard data from the Business Confidence Index paints a clear picture - investor optimism is steadily improving," said Decision Lab CEO Thue Quist Thomasen. "Vietnam certainly can become the region's preeminent investment destination, and proactive, investor-focused policies will further accelerate its rise." #DecisionLab #BCI #BusinessConfidenceIndex #Vietnam #Economy

FACILITATING SME's ACCESS TO INTERNATIONAL MARKETS Kenyan SME Sector was predicted to contribute to 50 pc of GDP by the year 2025, this was during the #TheBigBrazaConference which brought together SME's , government, Financial institutions and regulators in one room (Source: Business Daily - THURSDAY JUNE 02 2022) which saw participants such as Mr. James Mureu, Board Chairman The Micro and Small Enterprises Authority (MSEA) and Mr. Joram Mwinamo, CEO SNDBX | The Village Experts sharing their input & wisdom of nuggets in the conference. Globalization process of SME'S can be realized through cross-border activities: trade, international investments & participation in strategic alliances, partnerships and networking arrangements which definitely affects enterprises functions from RESEARCH, PRODUCT DEVELOPMENT to DISTRIBUTION. There is evidence that SME'S with high-growth potential require early access to international markets to ensure their development & growth. Key policy regulations can be pushed via World Trade Organization & CHAMPIO0NING Rt. Hon. Raila Odinga, EGH candidature for chairmanship of African Union can be a key equalizer to achieving a high-growth potential.

#TharmanShanmugaratnam #SingaporePresident #EconomistTurnedPolitician Mr Shanmugaratnam, a multi generational Singaporean of #CeyloneseTamil, a widely admired Economist in Singapore, won the presidential elections in Singapore with a landslide mark of over 70% votes. Tharman Shanmugaratnam served as the chief economist of the Monetary Authority of Singapore (MAS), the city-state's central bank, and held key roles in a number of international organisations, including the International Monetary Fund (IMF). And he has had a remarkable political career, serving as a Member of Parliament for Jurong Group Representation Constituency since 2001 - he remained undefeated as an MP for 22 years. Tharman is the son of Emeritus Professor K. Shanmugaratnam, a medical scientist known as the "father of pathology in Singapore", who founded the Singapore Cancer Registry and led a number of international organisations related to cancer research and pathology. The 66-year-old former senior minister bagged 70.4% (1,746,427 votes) of the 2.48 million votes cast, while his Chinese-origin rivals Ng Kok Song and Tan Kin Lian received 15.72% and 13.88%, respectively, as per the Elections Department. In India, right now, we have billionaire and millionaire families with deeply built political inheritance have come together to compete against Modi Govt who has delivered a palpable and tangible Governance (matlab, to the extent —-> many remote areas of India and under-developed places finally have got a train and road, 60+ yrs after independence) & triggered Digital based transformation (let me say inclusion) across the societal hierarchy. India and responsible & progress seeking-achieving Indians deserve better and visionary leaders. (*a part of this update is taken from Wiki & the update on his landslide victory is from the Media)

ASEAN is an elephant with 10 minds. And all the minds have to agree even if it is for show. "He observed that this consensus decision-making is still "often slow, too often sub-optimal, and too often obsessed with form rather than substance."" "Consensus-making is useful for reassuring the "large" that smaller nations will not gang up against them. On the other hand, it also assures smaller nations than larger ones will not enforce their will upon them by force. Consensus decision-making is one of the means in preventing the difference of interests, that are inevitable in a diverse organisation, from escalating into major differences." At least until they become too diverse. Then ASEAN has another mechanism. "He referred to the "Asean minus X" principle, which allows two or more Asean members to move ahead on certain economic matters if the group cannot a consensus. It has since been used for non-economic matters too." But he cautions, and I agree, that this should not be the norm. Otherwise, it is possible to have 5 ASEAN blocs on a single issue - to move ahead on economic matters. This year's ASEAN summit saw ASEAN use this mechanism to be more nimble. But every solution today contains the seeds of problems for tomorrow - so ASEAN minus X will have some critical crisis down the road for ASEAN. "Still, Asean is not a supranational organisation, and has no supranational ambitions. And he believes Asean should not have supranational ambitions, as that would be the "end of Asean.""

We are proud to support the recent 15th ASEAN and Asia Forum, which was organized by Singapore Institute of International Affairs (SIIA). The forum gathered opinion leaders and experts to discuss how governments and societies can build long-term resilience in a world facing a polycrisis. We partnered with SIIA on a report titled “Resilient ASEAN and Asia: Learning from Pandemic Challenges”, which underscores the need to assess the full economic costs of the pandemic, the dangers of “pandemic amnesia”, and policy priorities as the region moves towards pandemic recovery and resilience building. Find out more about building a resilient ASEAN and Asia from SIIA’s report here: https://lnkd.in/dbbvEJ7u More information on the ongoing economic costs of COVID-19 here: https://lnkd.in/gfDhXe95  #ASEANAsiaForum #15thAAF #AAF2023 #ResilienceBuilding #MSDAPAC #testtalktreat #CaughtitTreatit

Competition regulators from Brazil, Russia, India, China, and South Africa, collectively known as BRICS, are set to embark on a comprehensive three-day meeting to share insights and experiences in implementing leniency provisions and competition-related trends within the digital market sector... #antitrust #antitrustlaw #competitionlaw #leniencyprograms #BRICS #digitaleconomy #digitalmarket #regulation

NEW REPORT | BUSINESS CONFIDENCE INDEX (BCI) Q1 2024 👉 Download now: https://bit.ly/3xjJS5J The European Chamber of Commerce in Vietnam’s (EuroCham) most recent Business Confidence Index, conducted by Decision Lab, has signalled optimism in Vietnam's economy. The quarterly index reached 52.8 in Q1 2024 – its highest level since Q3 2022 – a clear sign of increased confidence within Vietnam’s European business community. "This positive trend underscores the European business community's view of Vietnam as a dynamic market with promising growth prospects," said EuroCham Vietnam Chairman Dominik Meichle from Bosch Vietnam. "The index once again rising above the 50 threshold reaffirms the country's growing appeal. Continued efforts to enhance stability and predictability will further strengthen Vietnam's global competitiveness and unlock its full potential." "The hard data from the Business Confidence Index paints a clear picture - investor optimism is steadily improving," said Decision Lab CEO Thue Quist Thomasen. "Vietnam certainly can become the region's preeminent investment destination, and proactive, investor-focused policies will further accelerate its rise." #DecisionLab #BCI #BusinessConfidenceIndex #Vietnam #Economy