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Health & Life Sciences Update | October 10, 2019
Authors: Sunita Kapoor, Hai Pham and Aree Tomes
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ICT Update | October 10, 2019
Authors: Ella Duangkaew, Jamie Lim and Taylor Dumaine
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Big American corporations are looking at investing in Philippine infrastructure projects, especially in the former US air base in Clark, to foster closer ties between Manila and Washington, the US-Asean Business Council said.
In a statement sent to the Inquirer, the US-Asean Business Council said its delegation composed of 21 top American companies visited the Philippines on Sept. 16-18, led by council president and chief executive Alexander Feldman and senior vice president and regional managing director Ambassador Michael Michalak.
“This mission was a timely opportunity for US business to renew engagement and better understand the government of the Philippines’ priorities,” Feldman said.
During their visit, “mission themes focused on existing activities underway to promote free and open trade and remove barriers to investment,” the US-Asean Business Council said.
Prime Minister Prayut Chan-o-cha's speech at the 74th session of the UN General Assembly in New York was chock-full of talking points, but the one that stood out was his declaration that Thailand would become a rich country by 2036.
"Thailand will become a high-income country with fairness, respect for basic human rights and participation in all sectors of society," Gen Prayut said, according to the US-Asean Business Council.
The remark bears no relation to the current reality, and analysts question whether Southeast Asia's second-largest economy can vault from a middle-income trap to the high-income segment within 17 years.
TWO DECADES
Thosaporn Sirisamphand, secretary-general of the National Economic and Social Development Council (NESDC), said the prime minister's remark came as no surprise, as the lofty goal is stipulated in the country's 20-year national strategy (2017-37).
Financial Services Update | October 8, 2019
Authors: Michaela Wong, and Taylor Dumaine
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Energy Update | October 7, 2019
Authors: Riley Smith and Jacob Corfman
Location: Serpong, Indonesia
Date: October 3, 2019
Participants: 130 SMEs and tech entrepreneurs
Partner: The Center for Research Science and Technology, Ministry of Research, Technology and Higher Education
Overview:
More than 100 Indonesian SME owners and executives and tech entrepreneurs from South Tangerang and neighboring cities participated in a half-day workshop titled, “Innovation without Limits: Advancing Indonesian Entrepreneurs’ Competitiveness”. The workshop was conducted in a close collaboration with the Center for Research Science and Technology (PUSPIPTEK), a unit under the Indonesian Ministry of Research, Technology and Higher Education.
Authors: Mega Valentina, Kim Yaeger, Michaela Wong, Steven Gunawan, Jacob Corfman
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