ASEAN Business Awards 2016: SRW&Co. Grants AGLP Scholarships for Entrepreneurs and SMEs

Jakarta, 23 June 2016: The ASEAN Business Advisory Council (ASEAN-BAC) and  SRW&Co signed a Memorandum of Agreement (MOA) on 23rd June 2016 at the ASEAN Secretariat, Jakarta, to launch a strategic partnership. The milestone MOA was signed by Oudet Souvannavong representing the ASEAN-BAC and Daniel Wong of SRW&Co.

The MoA grants scholarship to the winners of the ASEAN Business Awards (ABA) 2016, as part of the ASEAN Business and Investment Summit program agenda in Lao PDR on September 2016. There are three scholarships for the winners in the categories of “Young Entrepreneur of The Year”, “Woman Entrepreneur of The Year”, and “The Most Innovative SME”, who will attend the ASEAN Global Leadership Program (AGLP) in 2017 at one of the leading universities and business schools.



Kuala Lumpur, 21 November 2015: ASEAN Business & Investment Summit (ABIS) 2015, hosted by the ASEAN Business Advisory Council (ASEAN-BAC) on 20th and 21st November, called upon businesses across ASEAN to embrace the impending establishment of the ASEAN Economic Community (AEC). The summit also called upon broader group of public and private sector attendees to work together for the growth of ASEAN region. The first day of the Summit was inaugurated by the Prime Minister of Malaysia, Dato’ Sri Najib Razak and attended by several ASEAN Economic Ministers. The second day of the Summit was attended by the President of the United States, Barack Obama, the Prime Minister of Japan, Shinzo Abe, and the Prime Minister of India, Narendra Modi. Speaking to ASEAN businesses and leaders, the three leaders spoke about the importance of increased partnership between ASEAN and other nations for sustainable socio-economic growth.

Day one highlights

Attended by over 800 people, Day One of the Summit involved open and robust discussions about how to advance the public-private partnership (PPP) agenda, seen as critical in ensuring ASEAN economic development that is sustainable and beneficial to its people and future generations. Day Two of ABIS, following speeches by the American, Japanese and Indian heads of state, saw increased focus on SMEs with targeted dialogues and the launch of the ASEAN Strategic Action Plan for SME Development 2016-2025.

Key highlights of Day One, 20 November:

    • Handover of the ASEAN report by Tan Sri Dr. Munir Majid to the Prime Minister of Malaysia, Dato’ Sri Najib Razak
    • Launch of the ‘Growth Accelerator Exchange’ (GAX)
    • Launch of OECD Economic Outlook for Southeast Asia report


Kuala Lumpur, 22 November 2015: Hosted by the ASEAN Business Advisory Council (ASEAN-BAC), a total of nineteen companies and individuals across ASEAN received top honours at the recently-held annual ASEAN Business Awards (ABA) 2015. The awards recognise their contribution to the growth and prosperity of the region

Launched in 2007 to mark ASEAN’s 40th anniversary, the ABA 2015 was held in Malaysia for the very first time this year. Judged by a regional panel from 10 ASEAN countries and ABA’s Strategic Partner BDO, the awards honour outstanding ASEAN large businesses, individuals and SMEs in four key areas: Growth, Employment, Innovation and Corporate Social Responsibility.

In conjunction of the inauguration of ASEAN Economic Community (AEC) this year, ABA 2015 also introduced all-new categories of Friends of ASEAN Awards and the ASEAN Lifetime Achievement Award, in recognition of three top non-ASEAN companies and a luminary who have contributed significantly to the region.

The recipients of the ABA 2015 were:

ASEAN Priority Integration Sectors

  1. Agro – SL Agritech Corporation (Philippines)
  2. Automotive – DRB-Hicom Berhad (Malaysia)
  3. Aviation – AirAsia Berhad (Malaysia)
  4. e-ASEAN – Myanmar Information Technology Pte. Ltd. (Myanmar)
  5. Electronics – G Gear Co. Ltd (Cambodia)
  6. Fisheries – QL Resources Berhad (Malaysia)
  7. Healthcare – Health Management International Limited (Singapore)
  8. Logistics – LBC Express Inc. (Philippines)
  9. Rubber-based – Kossan Rubber Industries Bhd. (Malaysia)
  10. Textile – Color Silk Co. Ltd (Cambodia)
  11. Tourism – Myanmar Voyages International Tourism Co. Ltd (Myanmar)
  12. Wood-based – Pointray (Malaysia) Sdn. Bhd. (Malaysia)

SME Excellence Awards

  1. Employment – ProEight Sdn. Bhd. (Malaysia)
  2. Growth – Wise Concetti Ltd. (Vietnam)
  3. Innovation – ViTrox Technologies Sdn. Bhd. (Malaysia)
  4. Corporate Social Responsibility – VG Offshore Containers International (M) Sdn. Bhd. (Malaysia)

Entrepreneur awards

  1. Young entrepreneur – Thadoe Hein from Myanma Awba Group (Myanmar)
  2. Woman entrepreneur – Daw Nan Than Htwe from Kanbawza Bank Ltd. (Myanmar)

Friends of ASEAN

  1. Michelin
  2. Robert Bosch (SEA) Pte. Ltd.
  3. Prudential Corporation Asia

ASEAN Lifetime Achievement Award

  1. Y. Bhg Tan Sri Rafidah Aziz

Tan Sri Dr. Munir Majid, Chairman of ASEAN Business Advisory Council (ASEAN-BAC), said: “My heartiest congratulations to all recipients who have been at the forefront of progress in the region. Also for the first time, Asean-BAC has decided, in this AEC inauguration year, to accord the Asean Lifetime Achievement Award which goes to Tan Sri Rafidah Aziz in recognizing her stellar efforts. Her hard work has helped raise the profile of ASEAN, as well as bringing the region to greater heights,”

“Today’s awards are a testament to the recipients’ efforts, quality of delivery and their contribution to the region. With the imminent establishment of the ASEAN Economic Community (AEC) at the end of this year, I am certain that the recipients will also be at the forefront of guiding its peers.”


Kuala Lumpur, 5 November 2015: Held in Shangri-La Kuala Lumpur from 20th-21st November 2015, Southeast Asia’s annual flagship and premier forum, the ASEAN Business & Investment Summit (ABIS) 2015 returns to Malaysia after a ten year cycle, inviting corporate leaders to unite in a two-day conference that will serve as an ideal platform to explore opportunities in elevating their businesses on a regional stage.

Organised by ASEAN-BAC (ASEAN Business Advisory Council), the key focus of this 12th installation of ABIS is to assist businesses in exploring new opportunities when the ASEAN Economic Community (AEC) is implemented at the end of the year. As the AEC is the single most important collaboration in ASEAN since its inception in 1967, ABIS 2015 also aims to provide businesses with insights in navigating current sluggish market growth and burning issues surrounding the region.

With Malaysia chairing ASEAN 2015, this year represents the most important installation for ABIS in Malaysia and the conference will feature more than 1,000 companies across the region, providing attendees with the ability to plug into ASEAN’s extensive network of partnerships.

According to Tan Sri Dr. Munir Majid, Chairman of ASEAN Business Advisory Council (ASEAN-BAC), “2015 has been a challenging year for Southeast Asia as investors continue to pull themselves out of the region’s emerging markets – particularly Indonesia and Malaysia. This growing concern needs to be examined in depth, especially with regard to the process by which the public and private sector usually interact.”

“Traditionally, the public sector has been involved purely in policy making while the private sector is required to conform to these policies. There is a need to address this structural issue as it does not benefit the region as a whole. Both parties need to be ASEAN-conscious and committed, as well as share and address challenges in partnership, in order to drive the ASEAN agenda forward.”

“Apart from this, both public and private sector need to be open to new things in order to move to the next level. This involves being open to talent, research, development, technologies and discoveries. It is only through this that we can have better economic integration and more seamless business across the region.”

“This is the twelve installment of ABIS and considered as the most important one due to the impending implementation of AEC at the end of the year. It will be the perfect forum to serve this purpose, helping to accelerate growth and inculcate greater resilience in companies and SMEs across ASEAN. ABIS also provides access and exposure to quality insights that will help propel businesses to greater heights.”

ABIS 2015 will feature potential speakers by Asean Partner Leaders and a stellar alliance of thought leaders including Y.B Dato’ Sri Mustapa Mohamed, Minister of International Trade and Industry, YBhg. Tan Sri Dr. Mohd Munir, Chairman of ASEAN-BAC, Oliver Tonby, Managing Partner of McKinsey & Company in Southeast Asia and Gita Wirjawan, Founder & Chairman Ancora Group, Former Minister of Trade of the Republic of Indonesia, to discuss potential prospects while addressing pressing issues and challenges in ASEAN as the region embraces the implementation of AEC. The much anticipated SME Masterplan for the region will also be announced during the summit, providing the region’s biggest economic contributor a clear roadmap to achieve success in the global marketplace.


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