Officers and members of The Young Entrepreneurs Group of the Japan Chamber of Commerce and Industry (Japan YEG) visited the CACCI Secretariat headquarters in Taipei on June 28, 2023. Led by Mr. Hiromi Aoki, member of the Executive Committee of Young Entrepreneurs Group of Asia-Pacific (YEGAP) established under the CACCI umbrella, the visiting group was briefed by CACCI Secretariat officers headed by Director-General David Hsu on CACCI and its activities, as well as on the history and background of YEGAP, its current membership, its organizational structure, and its recent and upcoming activities and programs.
They were also each given a YEGAP pin. Following the meeting, the visiting group was hosted lunch by the CACCI Secretariat. Members of Japan YEG was in Taipei to attend the formal inauguration on January 27 of Mr. Richard Lin, also a member of the Executive Committee of YEGAP, as the new Chairman of the Young Entrepreneurs Group of the Third Wednesday Club of Taiwan, a well-established and foremost business organization in the island that aims to expand economic interaction between Taiwan and other countries, particularly Japan and mainland China.
Virtual Workshop on “Effectively Managing the Compliance Function” 7 May 2024
CACCI is inviting its members to join a Virtual Workshop on “Effectively Managing the Compliance Function” to be held on 7 May 2024 from 2PM to 4PM Singapore Time. The 120-minute Virtual Workshop organized by The Asian Bankers Association (ABA), one of the Product and Service Councils of CACCI, in association with Fintelekt Advisory […]
Virtual Workshop on “Effectively Managing the Compliance Function” 7 May 2024
CACCI is inviting its members to join a Virtual Workshop on “Effectively Managing the Compliance Function”to be held on 7 May 2024 from 2PM to 4PM Singapore Time.
The 120-minute Virtual Workshop organized by The Asian Bankers Association (ABA), one of the Product and Service Councils of CACCI, in association with Fintelekt Advisory Services, an official ABA Knowledge Partner, will examine the multi-faceted role of the compliance function and what is required for it to be a success.
The expert trainer, Gail Wessels, will refer to practical examples and case studies to bring the content to life, encourage reflection and discussion amongst participants across the following key issues:
(1) TOPICS
• What is the scope of the compliance function?
• What is the overlap with areas such as governance, risk and sustainability?
• Why is the positioning of compliance within the organisation fundamental to its success?
• What is the purpose and value of compliance?
• What are the key elements of an effective compliance programme?
• Who bears responsibility and accountability for compliance?
(2) WHO SHOULD PARTICIPATE?
The programme is relevant for staff from the AML Compliance, Regulatory Compliance, Audit, Legal, Strategy, and Corporate Governance teams.
(3) TRAINER
Gail Wessels
Governance, Risk & Compliance (GRC) expert and lawyer with more than 20 years´ cross-functional experience in mostly financial services, as well as experience in less regulated sectors, has a deep understanding of regulatory requirements in multiple jurisdictions, a solid track record of leading complex transformation projects, implementing and improving GRC programmes, setting up new teams and working with executive management.
Trainer and course designer for the International Compliance Association (ICA), certificated qualifications in AML, GRC and financial crime prevention, guest lecturer at ASCOM (Asociación Española de Compliance), UNIR University, CEU University and IE University Law School. Some notable projects include: designer of compliance programs, compliance obligations mapping, enterprise risk management, third party risk, financial crime risk, corporate criminal risk, GDPR, code of conduct, whistleblowing, assurance and audit – various sectors (regulated and non-regulated). Customer due diligence/ KYC managed service and industry utility. IT transformation and migration of new digital bank in Spain and Portugal.
(4) PARTICIPATION FEE: US$50
Includes access to video recording and Certificate of Completion. Pay online via credit/debit card and register HERE.
CACCI member chamber can avail of 2 free registrations per chamber for this workshop. To get nominated under the free registration, please contact the CACCI liaison at your Chamber.
(5) CONTACT
For additional information, you may touch base with Oliver Dickson or Tel / Whatsapp / Viber: +91 9823188864 / +91 9370078917
ABOUT FINTELEKT
Fintelekt Advisory Services Pvt Ltd is one of the Knowledge Partners of the ABA. It is a specialist in training and advisory in anti-money laundering (AML) and countering the financing of terrorism (CFT) within banking and financial services sectors. It systematically invests its time and effort in building the skill level of professionals working in the banking and financial sector by assimilating and dispensing industry-reviewed best practices and knowledge.
Tentative Program for the 38th CACCI Conference in Singapore
Following the meeting of the CACCI Planning Committee on March 5, we are pleased to inform you that arrangements for the 38th CACCI Conference on November 11-12, 2024 at One Farrer Hotel in in Singapore are currently underway with our host organization, the Singapore Manufacturing Federation (SMF). Below please find the tentative program for the two-day […]
Tentative Program for the 38th CACCI Conference in Singapore
Following the meeting of the CACCI Planning Committee on March 5, we are pleased to inform you that arrangements for the 38th CACCI Conference on November 11-12, 2024 at One Farrer Hotel in in Singapore are currently underway with our host organization, the Singapore Manufacturing Federation (SMF).
Below please find the tentative program for the two-day conference, which will also be known as the Asia-Pacific Economic and Sustainability Forum. With the theme “Making Asian Business Future-Ready”, this year’s event will have three Plenary Sessions focusing on the following topics:
Session One: Navigating the Future: Integrating AI in Asia-Pacific’s Trade and Commerce
Session Two: Sustainable Entrepreneurship: Building Resilient and Green Businesses
Session Three: Future of Trade: Digitalization, E-Commerce, and Cross-Border Collaboration
In lieu of the usual concurrent Breakout Sessions of the CACCI Product and Service Councils, there will be five Sectoral Plenary Sessions covering:
(1) SME Development
(2) Food & Agriculture and Textile & Garments
(3) ICT and Tourism
(4) Entrepreneurship
(5) Water, Energy, Environment and Sustainability.
A special session will also be held on the APAC Green Alliance.
CACCI counts on the support and participation of its members to make the 38th CACCI Conferene a success. We welcome members’ comments on the program, and suggestions for possible speakers. Should any member has questions at this stage, please contact us.
Further information on the conference will be sent out once these are available. In the meantime, CACCI asks that its members already block the conference dates, November 11-12, 2024, on their respective calendar.
4 Training Seminars on International Trade Terms for Spring 2024
The Confederation of Asia-Pacific Chambers of Commerce and Industry (CACCI) is proposing to organize Spring 2024 Training Sessions – in cooperation with interested Primary and Affiliate Members – four different one-day training seminars on International Trade Terms 2020 (Incoterms 2020) and related themes. The four proposed one-day Seminars are: (1) New Revision of the […]
4 Training Seminars on International Trade Terms for Spring 2024
The Confederation of Asia-Pacific Chambers of Commerce and Industry (CACCI) is proposing to organize Spring 2024 Training Sessions – in cooperation with interested Primary and Affiliate Members – four different one-day training seminars on International Trade Terms 2020 (Incoterms 2020) and related themes.
The four proposed one-day Seminars are:
(1) New Revision of the International Trade Terms What you need to know to make your international trade deal successful based on Contract of Sale and ICC Rules Incoterms 2020 (one day)
(2) Developments on Demand Guarantees and Standby L/C World (one day)
(3) Payment and Security Instruments in Foreign Trade, and Trade Finance How to secure your exports overseas? (one day)
(4) INCOTERMS 2020 and linkage to documentary credits Updated ICC Publication ISBP 821 explained! (one day)
As the Incoterms 2020 continue to be updated since its inception in January 1, 2020, being familiar with all changes and their impact is a must in the international trade and finance world. Moreover, new changes, updates and new developments were implemented during 2023 that might require further study today.
Interested chambers can choose from the suggested topics and preferably organize at least a two one-day courses. The programs can be adjusted according to the Chamber’s needs.
For instance there could be more comprehensive one-day course just on documentary credits and their financing, with news on some practical issues. New topics can be added or deleted. In fact, more time will be allocated to practical case studies and discussions.
By attending the seminars, participants will be able to:
(1) Get a further understanding on the main aspects of contract of sale, related risks, main problematic issues;
(2) Familiarize themselves with trade terms as per Incoterms and above all with new revision Incoterms 2020 – their practical impact on international trade and finance; and
(3) Learn about the relationship of payment terms to trade terms – Incoterms 2020.
The seminars will be conducted by Mr. Pavel Andrle, Secretary to the Banking Commission of ICC Czech Republic as well as Member of UCP 600 Consulting Group.
In this regard, we would like to know whether your Chamber is interested in hosting the proposed seminars under a cost-sharing arrangement as outlined in the Shared Responsibilities Agreement.
Please let us know if your Chamber is interested to host the proposed seminars under the proposed cost-sharing arrangements by filling out the Response Form and returning it to us through our Fax No.: (886 2) 2760-7569 or e-mail cacci@cacci.biz by March 30, 2024.
The four seminars’ syllabus, Mr. Pavel’s resume, Shared Responsibilities Agreement and Response Form can be downloaded HERE.
Successful 37th CACCI Conference in Kathmandu
The Confederation of Asia-Pacific Chambers of Commerce and Industry (CACCI) successfully held its 37th CACCI Conference in Kathmandu, Nepal on November 6-7, 2023, with the participation of some 400 delegates over the two-day period composed largely of businessmen and chamber of commerce representatives from 25 Asia-Pacific countries, led by CACCI President Mr. Peter McMullin AM […]
The Confederation of Asia-Pacific Chambers of Commerce and Industry (CACCI) successfully held its 37th CACCI Conference in Kathmandu, Nepal on November 6-7, 2023, with the participation of some 400 delegates over the two-day period composed largely of businessmen and chamber of commerce representatives from 25 Asia-Pacific countries, led by CACCI President Mr. Peter McMullin AM from Australia and Mr. Chandra Prasad Dhakal, President of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI). Held at the Hyatt Regency Kathmandu Hotel, the Conference was jointly organized by CACCI and the FNCCI.
37th CACCI Conference
Kathmandu, November 6-7, 2023
Opening Ceremony
Focusing on the theme ”Chambers of Commerce: Helping Businesses Get SET for the Future”, this year’s annual CACCI gathering featured invited speakers who shared their views on strategies that businesses may pursue for navigating – and creating new opportunities – in the post-pandemic business and global market environment through the three-pronged SET principle of Sustainability, Entrepreneurship, and Trade. The Conference was officially opened with the traditional Nepalese lighting ceremony officiated by the special guests.
FNCCI Welcome Remarks
FNCCI President Mr. Chandra Prasad Dhakal in his Welcome Remarks stated that the three important aspects focused on by the Conference theme – namely, Sustainability, Entrepreneurship, and Trade – are the key pillars for economic development in the region, and that with the theme, CACCI aspires to create a more prosperous future for the Asia-Pacific region.
Noting the country’s location to be between two economic powerhouses – India and China – Mr. Dhakal said that Nepal holds a strategic position at the heart of the Asia-Pacific region. He said that Nepal’s people and economy have been showing their strength to bounce back from major natural disasters and global economic shocks.
He highlighted the current strength of the country’s economy to include a robust foreign exchange reserves and positive balance of payments; sufficient liquidity in the banking sector to lend to private businesses; rich and growing energy sector with a huge market in its neighbors India and Bangladesh; strong tourism sector since Nepal has always been a popular destination for international tourists; huge prospects for manufacturing, agro processing, ICT, pharmaceuticals, herbs and herbal sectors; and duty-free market access to India, China, the EU and other developed countries. He added that Nepal aspires to establish wider connectivity, physically and digitally, with South Asia, Asia-Pacific region, and beyond.
CACCI Welcome Remarks
In his Welcome Remarks, CACCI President Mr. Peter McMullin AM expressed his hopes that the Conference would provide CACCI members, invited speakers and guests a platform to share their views on strategies that businesses may pursue for navigating – and creating new opportunities – in the post-pandemic business and global market environment through the three-pronged SET principle of Sustainability, Entrepreneurship, and Trade.
He explained that Sustainability is critical for SMEs to gain a competitive advantage in today’s market, to be able to manage business risks, grow their brand and enhance their access to capital. Entrepreneurship and particularly inclusive entrepreneurship supports people with new ideas to solve some of their most entrenched challenges. Trade support is a critical service Chambers provide to the business community as it not only helps business supply the world with the goods and services we all desire but it also builds and maintains cross-border relationships.
Mr. McMullin stressed that as members of chambers of commerce and other business organizations – both regional and international – “we have a shared future. We therefore need to help each other to address challenges on the basis of consultation and coordination and pursue common development. We need to share our insights, build consensus and contribute to promoting development and prosperity in Asia and the world.”
Special Remarks
Echoing the message of Mr. McMullin on the Conference theme, CACCI Vice President and Former FNCCI President Mr. Pradeep Kumar Shrestha said that sustainability is not only merely a choice but is an absolute necessity for the well-being of our planet and future generations, that entrepreneurship fuels innovation, job creation, and economic growth, and that trade unites nations in an increasingly globalized world and is indispensable for shared prosperity.
Mr. Shrestha said that the Conference theme underscores CACCI’s unwavering commitment to adapt and thrive in a rapidly changing world, and its determination to ensure that businesses are sustainable, innovative, and well-connected to face the challenges and seize the opportunities of tomorrow by exchanging ideas, sharing best practices, and forging meaningful partnerships.
Keynote Speaker
The Keynote Speaker Dr. Baburam Bhattarai, Former Prime Minister of Nepal, stated that the Asia-Pacific region stands at the forefront of economic growth and change. While its diverse cultures, economies and political systems paint a complex picture, the collective rise of countries in this region has had a profound impact on the global stage, making it crucial to examine their unique trajectories, he added. “The market size available for domestic or reginal consumption and the younger population, which is more productive, is the strength of this region that needs to be harnessed,” he further elaborated.
Dr. Bhattarai underscored that the state-to-state economic cooperation can be complemented by business-to-business collaboration. He called on the Chambers of Commerce at the national level like FNCCI, and at the regional level like CACCI, should be the vanguards in assisting businesses to navigate through the complex global trade landscape, ensuring that they are well-equipped to compete on the global stage. He suggested that Chambers can offer mediation, digitize processes to ease doing businesses, and connect SMEs through networking and business matching opportunities. ”This is the right time to act, and the private sector can lead the path in this direction, “ he added.
Special Guest
The Special Guest Dr. Prakash Sharan Mahat, Honorable Finance Minister of Nepal in his Address urged the Conference participants to utilize and take advantage of the opportunities offered by Nepal. He said that the country is looking for the meaningful support of organizations such as CACCI and their members in improving the living standards of the people to the region by making use of the immense potential in the fields of renewable energy, tourism, infrastructure, and information technology, among others.
Stating that the government is working in developing the needed infrastructure across prospective sectors which is important in taking Nepal’s development goals forward, Minister Mahat called on the international community to invest in the country. “As a result of the climate challenges and dampening global economy, green, resilient and inclusive development (GRID) is the way to go forward, and investing in Nepal is a way to support this GRID approach. The hydropower sector has already established an ecosystem of Nepal investors across different scales of hydropower projects, and is doing well, the Finance Minister stated. He reported that the World Bank and the Asia Development Bank are pumping investment in Nepal’s renewable energy, adding that this initiative will also build the confidence of Nepal’s private sector to invest. “Nepal’s hydropower sector is an assured return for investors,” he emphasized.
Chief Guest
Chief Guest Mr. Ramchandra Paudel, Right Honorable President of Nepal, in his Address urged international investors and businessmen to invest in Nepal, noting that investment areas are increasing in Nepal and laws are being made to facilitate investment. Nepal is lying geographically between China and India, making the country a natural gateway for businesses looking to tap into that big consumer market, he noted. He called on foreign investors and international industrialists to invest in sectors with high potential and prospects of significant return in investment, such as agriculture, tourism, and energy.
Noting that small and medium enterprises are the backbone of Nepal’s economy as they create growth, innovation, and jobs, President Paudel remarked that entrepreneurship is not just about starting a business but is also the strongest foundation for embracing innovation, intensifying diversity, and solving the biggest challenges of our communities alongside adopting sustainable practices. He therefore said that the CACCI Conference is timely and relevant to address the challenges of this era and utilize the opportunities of investment and business. He pointed out that the role of chambers of commerce and industry in the Asia-Pacific will be decisive to bring about positive and aligned changes in the world trade scenario.
Vote of Thanks
In his Vote of Thanks delivered at the end of the Opening Ceremony, FNCCI Vice President Mr. Anjan Shrestha stated that the Conference will set a common vision for unity, cooperation, and prosperous future. He pointed out that the conclusions of the Conference will be important for the prosperity of the Asia Pacific region, including Nepal.
The Conference included four Plenary Sessions that included eminent speakers who shared their perspectives on the following timely and relevant issues:
Plenary Session 1 “SUSTAINABILITY: Developing Clean and Renewable Energy for a Greener World”
Plenary Session One addressed the issue of how to ensure a sustainable supply of renewable energy, improve access to modern energy services, identify possible areas of regional cooperation to achieve a clean energy integration to build a greener world, and how chambers can play the role as a voice of change at COP28 in Dubai.
Moderated by Mr. Melvin Tan, Managing Director, Cyclect Pte. Ltd. and Vice President of Singapore Manufacturing Federation, the session featured the following speakers:
Mr. Sushil Chandra Tiwari, Secretary, Water and Energy Commission Secretariat, Government of Nepal.
Mr. Khurram Sayeed, CEO, Planet Energy Pvt. Ltd / Vice President, CACCI
Mr. Gyanendra Lal Pradhan, Chairman, Asian Council on Water, Energy, and Environment (ACWEE)
Dr. Alireza Yavari, Deputy President for International Affairs, ICCIMA / Vice President, CACCI
Mr. Homer Yu, Vice President, Kowloon Chamber of Commerce (KCC)
Plenary Session 2 “ENTREPRENEURSHIP: Driver for Regional Economic Growth”
Plenary Session Two discussed how to promote the entrepreneurial spirit in the region – particularly young and women entrepreneurs – through, for instance, mentorship and access to capital and markets, in order to make them effective and sustained contributors to the economic growth of their respective communities and the national and regional economy as a whole.
With Mr. Suraj Vaidya, Former President, FNCCI as Moderator, the session featured the following speakers:
Prof. Pramod B. Shrestha, Ph.D. (Engineering Management, University of Alberta, Edmonton, Canada) Institute of Engineering, Tribhuvan University
Mr. Allen John Ku, Vice-President, EVERIII & Partners / Director, Startup Island Taiwan (The Intersection of Innovation & Technology)
Plenary Session 3 “TRADE: Helping Businesses Become Global Trade Players”
Plenary Session Three featured speakers who elaborated on their thoughts and ideas on how to assist businesses, particularly the SMEs which comprised majority of chambers’ constituencies, adequately equipped to participate in the international market through, for instance, digital transformation, mediation and dispute resolution capability, and labor mobility and skills development to meet new business and market demands.
Moderated by Mr. Kush Kumar Joshi, Former President, FNCCI/Managing Director, Nepal Ekarat Engineering Co. Pvt. Ltd., the session included the following speakers:
Mr. James Shi Chu, Secretary General, Chinese National Association of Industry and Commerce (CNAIC), Taiwan
Dr Gunveena Chadha, Assistant Secretary General and Coordinator International Division, Federation of Indian Chambers of Commerce and Industry (FICCI)
Dr. Posh Raj Pandey, Executive Chairman, South Asia Watch on Trade, Economics and Environment
Dr. Yubaraj Khatiwada, Former Finance Minister of Nepal
Plenary Session 4 CEO FORUM “Development Challenges and Opportunities in the Asia-Pacific Region”
Plenary Session 4 featured company CEOs and business leaders who shared their insights on what they think are the development challenges and opportunities faced by the region, including – but not limited to – food safety and security, tourism, supply chain resilience, climate change, cooperation in healthcare, the impact of the ongoing Russia-Ukraine conflict, and China’s economic growth.
Moderated by Mr. Peter McMullin AM, President, CACCI, the session featured the following speakers:
Mr. Jemal Inaishvili, President Emeritus, CACCI / Former CEO, Poti Sea Port
Mr. Samir Modi, Immediate Past President, CACCI / Executive Director, Modi Enterprises
Mr. Lennon Tan, President, Singapore Manufacturing Federation (SMF)
Mr. Padma Jyoti, Chairman, Jyoti Group / Past President, FNCCI
Sectoral Breakout Sessions
In addition, parallel sectoral breakout sessions were organized by the following CACCI Product and Service Councils that gathered government and private sector experts for dialogue and panel discussion on important sectoral issues:
Asian ICT Council
Focusing on the theme: “Envisioning the Future of Artificial Intelligence (AI)”, the session featured speakers who shared their perspectives on the session theme: what are the challenges, opportunities, and benefits for industries and businesses.
The speakers included: Mr. Parag Shrestha, Managing Director, Fuse machines Inc.; Mr. Sam Shen, Global Business Director, Taiwan Smart Solutions Alliance (TSSA); Mr. Umesh Raghubanshi, Vice President, Federation of Computer Association Nepal (CAN Federation); Prof. Andrew Koh, President, Singapore Chapter, Government Block chain Association; and Mr. Homer Yu, Vice President, Kowloon Chamber of Commerce (KCC). Moderating the session was Mr. Mangesh Lal Shrestha, Immediate Past Chairman, CACCI YEGAP / Global Vice President (Growth & AI) at Frost & Sullivan.
Asian Council on Food and Agriculture
With “Food Security and Access: Ensuring Equitable and Sustainable Food Systems” as theme, the session included speakers who elaborated on their views on how to ensure equitable and sustainable food systems through food security and food access.
The featured speakers were: Mr. Rommel Gerodias, President, A101 Innovation Inc.“Food Safety”; Mr. Sumit Kedia, Executive Director, Kedia Organization / Commodity Council Advisor , FNCCI; Mr. Igor Piasetskii, Representative of the Chamber of Commerce and Industry of Russian Federation in India; and Mr. Hem Raj Dhakal, Vice President (Commodity), FNCCI. The session Moderator was Mr. Pradeep Kumar Shrestha, CACCI Vice President and Former FNCCI President.
Young Entrepreneurs Group Asia-Pacific
The session addressed the theme: “Digital Transformation and Adoption of AI: Driver for Innovation in Entrepreneurship, Trade and Sustainability” Invited speakers examined how digital transformation and the adoption of AI will serve to drive and enable innovation in entrepreneurship, trade and sustainability.
The speakers included: Mr. Michael Lim, Founder, Beyond Value; Mr. Aabhushan Jyoti Kansakar, Board Member, Nepalese Young Entrepreneurs Forum (NYEF); and Mr. Saurabh Jyoti, Chairman, Syakar Trading Co. P. Ltd. The Session Chairman was Mr. Rommel Gerodias, President, A101 Innovation Inc.
Asian Council on Tourism
Carrying the Theme: “Green Tourism for Sustainable Future”, the session invited speakers who shared their experiences and best practices in promoting green tourism in their respective countries for a sustainable future. The speakers included Mr. Yogendra Shakya, Chairman, Club Himalayan Resort, Nagarkot (Hotel Ambassador); Dr. Dhananjaya Regmi, CEO, Nepal Tourism Board; and Mr. Binayak Shah, President, Hotel Association Nepal. Mr. Anura Lokuhetty, Chairman, Red Apple Travels & Holidays Lanka (Pvt) Ltd. served as Session Moderator
SME Development Council
The session tackled the theme: “Private Sector and Government Cooperation for SMEs in Change Management”. Invited speakers elaborated on their countries’ experience in promoting the growth and development of SMEs and the government policies in place to achieve this objective amidst a changing market environment.
With Mr. George Abraham, Chairman, The GA Group Pte. Ltd. as Moderator, the session included the following speakers: Mr. Stuart Thomson, Co-Founder and Executive Director, Good Business Foundation / Chief of Staff, Office of the President, CACCI; Ms. Jyotsna Shrestha, Vice President (Associate), FNCCI; Ms. Juna Mathema, Chairperson, Startup and Innovation Forum/EC member FNCCI; and Mr. Manoj Paudel, Chairperson, Investment & International Affairs forum/EC member FNCCI.
Asian Council on Water, Energy and Environment
Focusing on the theme “Clean & Green Energy: CO2 Zero Emission”, the session Invited speakers who shared their views and perspectives on the importance of promoting clean and green energy and what their respective countries are doing in this regard.
Moderated by Mr. Gyanendra Lal Pradhan, Chairman, Asian Council on Water, Energy and Environment, CACCI, the session featured the following speakers: Mr. Melvin Tan, Managing Director, Cyclect Pte. Ltd. / Vice President, SMF; Mr. Sher Singh Bhat, Former Deputy Managing Director of Nepal Electricity Authority “Energy Transition for Net CO2 Zero Emission; Mr. Shailendra Guragain, Executive Committee Member, FNCCI; and Mr. Igor Piasetskii, Representative of the Chamber of Commerce and Industry of Russian Federation in India.
Discover Business Opportunities Through CACCI
The two-day program also included a special session on “Discover Business Opportunities Through CACCI”, which featured country presentations by selected organizations on current economic conditions in their respective countries and opportunities for trade and investments, or on special programs, projects, products or services that have benefited their members of the community they serve and may be adapted by chambers from other countries.
Moderated by Mr. Jemal Inaishvili, President Emeritus of CACCI, the session included country presentations conducted by the following:
Mr. Lennon Tan, President, Singapore Manufacturing federation
Mr. Pradeep Kumar Shrestha, Former President of the Federation of Nepalese Chambers of Commerce and Industry, and Vice President of CACCI
Dr. Alireza Yavari, President for International Affairs, ICCIMA and Vice President, CACCI
The session opened with Special Remarks by Mr. John Denton AO, Secretary General, International Chamber of Commerce World Chambers Federation.
97th CACCI Council Meeting
Members of the CACCI Council, which is the governing body of the Confederation, convened for the 97th CACCI Council Meeting on November 6, 2023. Among the items discussed and agreed upon during the Council Meeting included the following:
Review of CACCI Activities since the 96th Council Meeting – The CACCI Council reviewed the activities undertaken by the Confederation since its last meeting held in November 2022 in Melbourne, Australia, including the various Presidential visits, the training programs, participation in regional and international meetings and forums, and issuance of regular publications containing useful and timely information for members.
Among other issues presented for discussion, the Proposed Budget for 2024 was reviewed and approved by the Council Members.
Endorsement of CACCI Policy Paper Study – The CACCI Council endorsed the policy paper study that was reviewed during the meeting held earlier by the CACCI Policy Advocacy Working Group. Prepared by TEPAV, the think-tank arm of the Union of Chambers and Commodity Exchanges of Turkey (TOBB), the policy paper study called for a sector specific, green transformation model for value chain formation among CACCI member countries.
Associate Membership of CACCI in Steering Committee of the Regional Committee for Asia Pacific (RCAP) of CoNGO – The CACCI Council noted the formal acceptance of CACCI as an Associate Member of the Steering Committee of the Regional Committee for Asia Pacific (RCAP) of the Conference of NGOs with Consultative Status in the United Nations (CoNGO)
Next CACCI Conferences – The CACCI Council noted that the host chamber for the 38th CACCI Conference in 2024 was still to be confirmed and is expected to be formally announced before the end of 2023 or in early 2024.
New CACCI Members
Admission of New Members – The CACCI Council formally approved the admission of the Singapore Manufacturing Federation as the newest Primary Member, and the following new five Lifetime Special Members from Pakistan and one the Philippines:
Pakistan
Mr. Zahid Hameed, M/s Apparel Zone
Mr. Atif Iqbal, M/s High Q Pharmaceutical
Mr. Rameez Sattar, M/s Sonraj (Pvt) Ltd
Mr. Arbaaz Sattar, M/s Sonraj (Pvt) Ltd
Mr. Adnan Asad, M/s Venus Group
Philippines
Koten Enterprises Co., Inc.
Formal Turnover fo YEGAP Chairmanship
During the Gala Dinner, a formal turnover of the Chairmanship of the Young Entrepreneurs Group of Asia-Pacific (YEGAP) was conducted. Erstwhile YEGAP Chairman Mr. Mangesh Lal Shrestha from Nepal, who is the Global V ice President (Growth and AI) for Frost & Sullivan, formally handed over the leadership of YEGAP to Mr. Rommel Gerodias from the Philippines.
Mr. Gerodias, who was previously Vice Chairman of YEGAP, will serve in the Chairmanship position until the latter part of 2024, when an election of a new Chairman will take place. With more than 18 years of experience in various industries, Mr. Gerodias is an expert and highly accomplished professional in the field of Management, Business Development, Training, Marketing, Sales, Entrepreneurship and Leadership. His expertise is in the field of Entrepreneurial Chemistry, Food & Beverage, Food Safety & Management Consulting; Proficient in communication with proven success in business development from the ground up in various businesses. He is a highly motivated and success-driven individual with a positive attitude and passion for excellence. Locally and internationally known leader in entrepreneurship advocacy and leadership.
XIII edition of SME newsletter available
CACCI is pleased to share herewith the Thirteenth Volume of the SME Development Council’s newsletter. Please click HERE to read or download. We hope that this publication will provide you with adequate information about the latest developments in the small and medium enterprise (SME) sector in the Asia Pacific region. Members are encouraged to contribute articles […]
CACCI is pleased to share herewith the Thirteenth Volume of the SME Development Council’s newsletter. Please click HERE to read or download.
We hope that this publication will provide you with adequate information about the latest developments in the small and medium enterprise (SME) sector in the Asia Pacific region. Members are encouraged to contribute articles for our future issues. Kindly forward your materials (preferably with accompanying photos) to mig.moreno@cacci.biz. Enjoy the reading!
CACCI Profile – January edition available
CACCI is pleased to announce that the January 2024 issue of CACCI Profile is now available. Please click here to read or download. This month’s President’s Update includes the announcement of the date and venue for the 38th CACCI Conference: November 11 to 12, 2024 in sunny Singapore. It also includes a feature on CACCI’s […]
CACCI is pleased to announce that the January 2024 issue of CACCI Profile is now available. Please click here to read or download.
This month’s President’s Update includes the announcement of the date and venue for the 38th CACCI Conference: November 11 to 12, 2024 in sunny Singapore. It also includes a feature on CACCI’s membership in the newly-established APAC Green Alliance. Additionally, the newsletter features the latest news from Member Chambers, along with a wide range of articles relevant to business and trade.
It is our ardent hope that this monthly publication is useful to you and your work, and enables you to know more about the CACCI, our members, and their activities. If you wish other members of your organization to receive a copy of the CACCI Profile, please send us their names, titles/positions, and email addresses through cacci@cacci.biz
We would also appreciate receiving your comments on how we can further improve the CACCI Profile in terms of its format and contents. If you have any articles you wish to share with our members, you are welcome to send these to us, with accompanying photos if possible, through cacci@cacci.biz.
Thank you for your kind attention, and we look forward to your continued support of the CACCI and its activities.
Best regards,
David Hsu Director-General Confederation of Asia-Pacific Chambers of Commerce & Industry
CACCI Profile – December edition available
CACCI is pleased to announce that the December 2023 issue of CACCI Profile is now available. Please click HERE to read or download. This month’s President’s Update includes a recap of the year’s activities. The issue also features the recent appointment of SMF President Lennon Tan as CACCI’s newest Vice President. Additionally, the newsletter features the […]
CACCI is pleased to announce that the December 2023 issue of CACCI Profile is now available. Please click HERE to read or download.
This month’s President’s Update includes a recap of the year’s activities. The issue also features the recent appointment of SMF President Lennon Tan as CACCI’s newest Vice President. Additionally, the newsletter features the latest news from Member Chambers, along with a wide range of articles relevant to business and trade.
It is our ardent hope that this monthly publication is useful to you and your work, and enables you to know more about the CACCI, our members, and their activities.
If you wish other members of your organization to receive a copy of the CACCI Profile, please send us their names, titles/positions, and email addresses through cacci@cacci.biz. We would also appreciate receiving your comments on how we can further improve the CACCI Profile in terms of its format and contents.
If you have any articles you wish to share with our members, you are welcome to send these to us, with accompanying photos if possible, through cacci@cacci.biz.
Thank you for your kind attention, and we look forward to your continued support of the CACCI and its activities.
Best regards,
David Hsu Director-General Confederation of Asia-Pacific Chambers of Commerce & Industry
Invitation to join CACCI Planning Committee meeting on March 5, 2024 at 2:00 PM, Taipei Time
Due to unforeseen circumstances, CACCI will need to postpone the Planning Committee Meeting, originally scheduled for 2:00 PM Taipei/Singapore time on February 29, 2024, to March 5, 2024 at the same time, 2PM Taipei time. We apologize for any inconvenience this may cause, but hope you will still be able to join us at […]
Invitation to join CACCI Planning Committee meeting on March 5, 2024 at 2:00 PM, Taipei Time
Due to unforeseen circumstances, CACCI will need to postpone the Planning Committee Meeting, originally scheduled for 2:00 PM Taipei/Singapore time on February 29, 2024, to March 5, 2024 at the same time, 2PM Taipei time.
We apologize for any inconvenience this may cause, but hope you will still be able to join us at the meeting, as we value your attention and input to this year’s CACCI Conference.
The meeting will primarily discuss preparations for the 38h CACCI Conference to be co-organized by the Singapore Manufacturing Federation (SMF) on November 11-12, 2024 in Singapore. Among the items to be discussed will be the Conference theme, topics, speakers, program, and format, among others.
Attached herewith is the Tentative Agenda for the meeting.
Further information (e.g., meeting link, annotated agenda, discussion papers, etc.) will be sent to members upon confirmation of attendance by filling out this online Confirmation Form on or before January 31, 2024.
Furthermore, in preparation for the Planning Committee Meeting, we would like to seek your suggestions on economic, business or policy issues which you think are currently of great concern to members and the business sector of the region as a whole and should be discussed by members during next year’s Conference. Please let us know your thoughts on this year’s Conference theme and topics by accomplishing the Suggestion Form.
We would appreciate hearing from you before January 31, 2024 to give us enough time to circulate all suggestions to the Planning Committee for consideration prior to its meeting.
For your reference, we have also attached the list of the themes and topics of past years’ Conferences HERE.
Singapore skyline at night
38th CACCI Conference to be held in Singapore November 11-12, 2024
CACCI is pleased to inform all members and friends that this year’s 38th CACCI Conference will be held in Singapore on November 11-12, 2024, with the Singapore Manufacturing Federation (SMF) as the co-organizer. This will be the first time that CACCI will be holding its annual gathering in Singapore. The proposed venue is One Farrer […]
38th CACCI Conference to be held in Singapore November 11-12, 2024
CACCI is pleased to inform all members and friends that this year’s 38th CACCI Conference will be held in Singapore on November 11-12, 2024, with the Singapore Manufacturing Federation (SMF) as the co-organizer. This will be the first time that CACCI will be holding its annual gathering in Singapore. The proposed venue is One Farrer Hotel (https://www.onefarrer.com)
CACCI will inform its members and friends relevant information (e.g., Tentative Program, hotel accommodation, registration procedure, etc.) as soon as these are available. In the meantime, we suggest you already mark your 2024 calendar of events for our annual gathering next year.
Asian Textiles & Garments Council’s newsletter available
CACCI is pleased to make available the Volume Eight of the Asian Textiles & Garments Council’s newsletter. (Click HERE to download.) This issue is a compendium of relevant news, reports, and analyses on recent developments in the textile and garments industry in Asia Pacific countries. This newsletter includes a report indicating that Azerbaijan and Pakistan […]
Asian Textiles & Garments Council’s newsletter available
CACCI is pleased to make available the Volume Eight of the Asian Textiles & Garments Council’s newsletter. (Click HERE to download.)
This issue is a compendium of relevant news, reports, and analyses on recent developments in the textile and garments industry in Asia Pacific countries.
This newsletter includes a report indicating that Azerbaijan and Pakistan are trying to secure raw material’s supply. Simultaneously, India’s apparel market continues growing and its designers joined Moscow fashion show.
On the other side, Iran is exporting more and also cooperating with China in the textile area. China is also securing textile links with Iran’s neighbor, Pakistan. Further south, other news reports show that Sri Lanka is making inroads in organic manufacturing while Vietnam tries to expand its FTA to further market its textiles and apparel products overseas, and much more.
We hope that this latest issue of the Asian Textiles & Garments Newsletter will enable you to gain a better understanding of the trends and conditions of the textile market throughout the Asia Pacific region.
Members are encouraged to contribute articles for future issues. Kindly forward your materials (preferably with accompanying photos) to mig.moreno@cacci.biz.
Sincerely yours,
David Hsu Director-General CACCI
2023 CACCI Year End Review available
CACCI is pleased share with its members and friends a copy the CACCI 2023 Year-End Review which summarizes our Confederation’s activities over the past year. To download or read click HERE. On behalf of CACCI, we would like to take this opportunity to thank you for the cooperation and assistance you have extended in undertaking […]
CACCI is pleased share with its members and friends a copy the CACCI 2023 Year-End Review which summarizes our Confederation’s activities over the past year. To download or read click HERE.
On behalf of CACCI, we would like to take this opportunity to thank you for the cooperation and assistance you have extended in undertaking CACCI’s activities in 2023. Without your help, we would not have accomplished as much as we did amidst a still challenging and difficult year for many of us.
We look forward to your continued support of the CACCI and its activities, and we certainly hope to see you and your colleagues under more improved circumstances next year.
Sincerely yours,
David Hsu Director-General Confederation of Asia-Pacific Chambers of Commerce & Industry
Asian Council on Contracting & Construction newsletter available
CACCI is pleased to share Volume X of the Asian Council on Contracting & Construction Newsletter, for your download HERE. This Newsletter shows reports about the expansion of Azerbaijan railways and irrigation system, and Cambodia’s mixed construction landscape as Iran and Azerbaijan reported on the construction of a larger border bridge. Further south, India’s Modi […]
Asian Council on Contracting & Construction newsletter available
CACCI is pleased to share Volume X of the Asian Council on Contracting & Construction Newsletter, for your download HERE.
This Newsletter shows reports about the expansion of Azerbaijan railways and irrigation system, and Cambodia’s mixed construction landscape as Iran and Azerbaijan reported on the construction of a larger border bridge. Further south, India’s Modi continued constructing projects in India.
North of India, the Nepalese are implementing hydropower projects to export electricity to Bangladeshi and Indian markets while President Marcos returned home with Japanese pledges to invest in infrastructure. Vietnam also received similar investment pledges.
I hope that these news and reports can provide you with a wider view of the construction and contracting market in Asia Pacific and its role in the national economy. Enjoy your reading!
David Hsu Director General Confederation of Asia-Pacific Chambers of Commerce and Industry
Trade Facilitation newsletter available
CACCI is pleased to share the Eleventh Volume of the Asian Council on Trade Facilitation newsletter under the Chairmanship of Mr. R. B. Rauniar. This issue (click HERE to download) starts with bad news about the EU-Australia FTA that fortunately Australia compensates with strengthened trade ties with the US. More good news came from Australia’s northern […]
CACCI is pleased to share the Eleventh Volume of the Asian Council on Trade Facilitation newsletter under the Chairmanship of Mr. R. B. Rauniar.
This issue (click HERE to download) starts with bad news about the EU-Australia FTA that fortunately Australia compensates with strengthened trade ties with the US. More good news came from Australia’s northern neighbor, Indonesia, as it integrates more deeply in its neighborhood.
Furthermore, there is a report that another ASEAN player, Philippines, is building formal economic ties with the UAE, a major trading center in the Middle East.
One report indicates that CPTPP positively impacted Malaysia’s FDI inflows while Iran expands its trade in the EAEU. Moreover, India and Russia are establishing more trading mechanisms to enhance their trade volume as China and Russia de-dollarize their bilateral trade. And to conclude, there is another report about new trade facilitation’s procedures among ASEAN members.
We hope you will find this issue useful and informative.
Members are encouraged to contribute articles for our future issues. Kindly forward your materials (preferably with accompanying photos) to mig.moreno@cacci.biz.
Sincerely yours,
David Hsu Director General Confederation of Asia-Pacific Chambers of Commerce and Industry
Supply Chain disruption is an opportunity for CACCI, TOBB TEPAV Ph.D Guven Sak
In the afternoon of November 6, 2023, CACCI President Mr. Peter McMullin AM from Australia chaired an interactive live virtual presentation of a Policy Paper on “Sector Specific, Green Transformation Model for Value Chain Formation Among CACCI Member Countries.” The Policy Paper prepared by Economics Professor Guven Sak, Ph.D. from TEPAV, the think-tank arm of […]
Supply Chain disruption is an opportunity for CACCI, TOBB TEPAV Ph.D Guven Sak
In the afternoon of November 6, 2023, CACCI President Mr. Peter McMullin AM from Australia chaired an interactive live virtual presentation of a Policy Paper on “Sector Specific, Green Transformation Model for Value Chain Formation Among CACCI Member Countries.”
The Policy Paper prepared by Economics Professor Guven Sak, Ph.D. from TEPAV, the think-tank arm of the Union of Chambers and Commodity Exchanges of Turkey (TOBB), calls for a sector specific, green transformation model for value chain formation among CACCI member countries.
During the presentation, Prof. Sak discussed the present Age of Global Disruption created by transnational threats, great power competition and a race of new technologies.
Prof. Sak further explained that the disruption is creating opportunities and impacting regions, especially CACCI areas where many countries are in position to increase production and reduce dependance on China.
The impact on CACCI areas will realign the global value chains and could transform the region’s agendas. The disruption is driven by a process of de-coupling of certain economies and supply processes vis-a-vis a de-risking imperative.
These emerging conditions are in fact creating opportunities for CACCI countries that need to be considered.
Prof. Sak’s presentation was complemented with the participation of Lennon Tan, President of the Singapore Manufacturing Federation (SMF) and newly appointed CACCI Vice President, and James S. Chu, Secretary General of the Chinese National Association of Industry and Commerce (CNAIC) who raised relevant questions about Asian manufacturing strategy during the present supply chain disruption that Prof. Sak proceeded to answer in a comprehensive fashion.
The video presentation of Prof. Guven Sak during the CACCI Policy Advocacy Meeting in Kathmandu can be viewed at the CACCI YouTube channel below.
Successful webinar on Advancing ESG Agenda
CACCI members had the opportunity to join the successful webinar on Advancing ESG Agenda: Net Zero Emission Supply Chain Through Carbon Footprint (CFP) held on 19 October 2023 by the Asian Bankers Association (ABA), a CACCI’s subsidiary, and the Association of Credit Rating Agencies in Asia (ACRAA). Moderated by Mr. Atsushi Masuda, Chairman of ACRAA, Counselor […]
CACCI members had the opportunity to join the successful webinar on Advancing ESG Agenda: Net Zero Emission Supply Chain Through Carbon Footprint (CFP) held on 19 October 2023 by the Asian Bankers Association (ABA), a CACCI’s subsidiary, and the Association of Credit Rating Agencies in Asia (ACRAA).
Moderated by Mr. Atsushi Masuda, Chairman of ACRAA, Counselor for International Affairs, Japan Credit Rating Agency (JCR), the webinar featured as speakers a Japanese government official, a petrochemical company staff, a commercial banker and a rating agency representative. Over 440 bankers from 35 countries registered for this special webinar.
We present the Summary of the speakers’ presentations below.
SUMMARY
(1) The first presentation on Carbon footprint and net zero emission target for the entire supply chain by Mr. Tomoki Sano, Deputy Director, Environmental Policy Division, Industrial Technology and Environment Bureau, Ministry of Economy, Trade and Industry (METI) discussed the purpose of achieving green transformation in Japan.
According to some estimates, economies headed to achieving carbon neutrality have reached 94% of the world’s GDP as of 2023, thus the importance of promoting investments towards this global trend.
Since Japan is heavily dependent on imported fossil fuels, the risks associated with this structure have especially become apparent after the Russian invasion of Ukraine.
He argued that to achieve long-term sustainable growth, it is important for Japan to transform its economic and industrial structure based on clean energy (=Green Transformation.)
Furthermore, since the importance of transition finance is starting to be understood globally; in the G7 Hiroshima Summit held in 2023, the G7 highlighted the importance of transition finance for the first time.
Concerning the role of Carbon Footprint (CFP) towards Decarbonization, he explained that Carbon FootPrint is a calculation of a product’s total emission of greenhouse gases through its lifecycle. He proposed that the calculation of CFP will enable businesses to prioritize decarbonization efforts through its supply chain.
The final objective is that customers and consumers will choose goods produced with less emission.
For this reason, the purpose of CFP for businesses is that various stakeholders surrounding businesses should request the calculation and disclosure of CFP amidst increasing interests for climate change.
Mr. Sano highlighted that CFP is increasingly becoming a factor for business competitiveness and that the future policy directions based on the “CFP Guideline” will accelerate businesses’ efforts to calculate and understand their CFP, and lead to procurement of low-emission products, thereby leading to fewer emissions across the product supply chain.
Mr. Sano concluded with the forecast that to promote such change, Japan will undertake the more serious policies.
(2) The second presentation on Outline of carbon footprint and sustainability link loan framework by NAGASE & CO., Ltd. featured Mr. Yasuyuki Aizawa, Corporate Sustainability Office Manager of NAGASE & CO., LTD.
He started his presentation on the 190 years history of this traditional trading firm. It was then followed by an explanation on what is CFP.
According to him, CFP is a method of evaluating the environmental impact of CO2 based on the framework of life cycle assessment.
He mentioned that actually, CFP is calculated at the Product-level vs. Corporate-level. The methodology is built on ISO 14067 and some influential international CFP guidelines launched recently.
Mr. Aizawa presented a successful case to the audience where NAGASE and its partners successfully created the world first data linkage of carbon emission in the laptop PC suppler chain (Tier 0 to 3.)
It is said that 70% of the chemical suppliers are working on CFP.
Furthermore, he argued that CFP is an effective way to assess the environmental impact of chemicals. Collecting primary data is critical to moving toward carbon neutral.
In the chemical industry, the development in the three dimensions, methodology, tools and engagement have spurred suppliers to work on carbon footprints.
He forecasted a further drive carbon transparency in the chemical supply chain, which is essential to creating incentives especially for SMEs.
Nagase’s new SLL framework is extensive and its expertise covers not only Tier1 suppliers but also suppliers behind them (Tier2, Tier3…).
(3) The third presentation on Business management support for zero emission by financial institutions featured Mr. Naoya Orita. Vice President/Head of Sustainable Finance Japan, Sustainable Business Division, MUFG Bank, Ltd.
Mr. Morita initiated his presentation expressing MUFG’s Commitment to Carbon Neutrality and MUFG Declaration of Carbon Neutrality.
In fact. MUFG has been supporting its clients’ decarbonization and launched a collaboration with Zeroboard Inc., offering services for more than 1,800 companies.
This project led to the development of new business fields through visualization of customer’s GHG emissions and the entire supply chain, development of finance schemes, partnerships with solution providers, etc.
Mr. Morita also explained that Sustainability Linked-Loan (SLL) is a financing method with flexible use of funds that links the borrower’s Sustainability KPI performance with loan terms.
Loan terms such as interest rates are linked to the achievement of the SPT (Sustainability Performance Targets.)
These loans allow flexible use of funds while publicizing sustainability commitments externally. Furthermore, borrowers are incentivized by changes in loan conditions, such as preferential interest rates, depending on the level of achievement of the SPT, so the borrower can strengthen its commitment to achieve sustainability goals.
(4) The fourth and final presentation on How to evaluate the alignment of Supply Chain Finance Framework with Sustainability Linked Loan Principles featured Ms. Atsuko Kajiwara, Managing Executive Officer, Head of Sustainable Finance Evaluation Group.
She explained how to evaluate the alignment of Supply Chain Finance Framework with Sustainability Linked Loan Principles.
Ms. Kajiware spoke about the abundant experience in valuation (900 evaluations provided) and the participation of her organization in standards development as a member of the government council and study committee.
In the following image, she explained how sustainability linked loans (SLL) work:
She explained that the process of evaluation rests in the effort to capture the impact through the value chain, thus companies, suppliers and consumers share common challenges in reducing CO2 emission.
She proposed creating a system to reduce CO2 emissions throughout the supply chain as an integrated system.
The recording of the webinar can be viewed at the CACCI YouTube channel here.
Formal Turnover of YEGAP Chairmanship
During the Gala Dinner of the 37th CACCI Conference in Kathmandu on the night of November 7, 2023, a formal turnover of the Chairmanship of the Young Entrepreneurs Group of Asia-Pacific (YEGAP) was conducted. Erstwhile YEGAP Chairman Mr. Mangesh Lal Shrestha from Nepal, who is the Global V ice President (Growth and AI) for Frost […]
During the Gala Dinner of the 37th CACCI Conference in Kathmandu on the night of November 7, 2023, a formal turnover of the Chairmanship of the Young Entrepreneurs Group of Asia-Pacific (YEGAP) was conducted. Erstwhile YEGAP Chairman Mr. Mangesh Lal Shrestha from Nepal, who is the Global V ice President (Growth and AI) for Frost & Sullivan, formally handed over the leadership of YEGAP to Mr. Rommel Gerodias from the Philippines.
Mr. Gerodias, who was previously Vice Chairman of YEGAP, will serve in the Chairmanship position until the latter part of 2024, when an election of a new Chairman will take place. With more than 18 years of experience in various industries, Mr. Gerodias is an expert and highly accomplished professional in the field of Management, Business Development, Training, Marketing, Sales, Entrepreneurship and Leadership. His expertise is in the field of Entrepreneurial Chemistry, Food & Beverage, Food Safety & Management Consulting; Proficient in communication with proven success in business development from the ground up in various businesses. He is a highly motivated and success-driven individual with a positive attitude and passion for excellence. Locally and internationally known leader in entrepreneurship advocacy and leadership.
2023 37th CACCI Conference – The Program
The 37th CACCI Conference hosted by the Federation of Nepalese Chambers of Commerce and Industry (FNCCI) is taking place on November 6-7, 2023 at the Hyatt Regency Hotel. CACCI members and colleagues are invited to REGISTER ONLINE for the conference. With the theme Chambers of Commerce – Helping Businesses Get SET for the Future, the conference […]
The 37th CACCI Conference hosted by the Federation of Nepalese Chambers of Commerce and Industry (FNCCI) is taking place on November 6-7, 2023 at the Hyatt Regency Hotel. CACCI members and colleagues are invited to REGISTER ONLINE for the conference.
With the theme Chambers of Commerce – Helping Businesses Get SET for the Future, the conference will have plenary sessions focusing on Sustainability, Entrepreneurship, and Trade, as three important tenets to better business. CEOS and business leaders are featured in the CEO Forum, during which they can share insights on development challenges and opportunities in the Asia-Pacific Region. As well, there will be several breakout sessions focusing on specific industries and sectors, including ICT, Tourism, Food and Agriculture, SMEs, Young Entrepreneurs, and Water, Energy, and Environment. The Conference’s final roster of Nepalese dignataries and foreign speakers can be viewed below.
Registration is US$400 per person, inclusive of:
Attendance to ALL sessions during the 2-day conference
Welcome Reception Dinner/ Cocktails on 6 November 2023.
Gala Dinner on 7 November 2023.
Coffee breaks & 2 lunches over the 2 days
Roundtrip airport transfers
Groups of 10 or more may contact FNCCI directly to request a group rate. Hotel booking, visa, and other relevant details may also be found on the conference website.
02:00pm onwards Registration open at Conference Venue in the Hyatt Regenccy Hotel
Monday 6 November 2023
“Chambers of Commerce – Helping Businesses Get SET for the Future”
(S) Sustainability is critical for SMEs to gain a competitive advantage in today’s market, to be able to manage business risks, grow their brand and enhance their access to capital. According to the OECD, SMEs collectively contribute to over 50% of global Greenhouse Gas emissions from business globally. The majority of SME owners are concerned about the impacts of climate change but they need help to make this transition. Chambers can offer this support to current and potential new members looking to decarbonise their businesses and contribute to a sustainable economy.
(E) Entrepreneurship and particularly inclusive entrepreneurship supports people with new ideas to solve some of our most entrenched challenges. By supporting entrepreneurs embrace new technologies, include and support diverse groups of entrepreneurs and allow for innovation to flourish we will see new business models emerge to move us toward a truly just economy.
(T) Trade supportis a critical service Chambers provide to the business community. Trade not only helps business supply the world with the goods and services we all desire, it also builds and maintains cross border relationships. Chambers offer a range of services including mediation, ease of doing business by digitising processes as well as connecting SMEs through networking and business matching opportunities. Through this work Chambers are truly strengthening global multilateralism and in-turn global peace.
09:00am-10:30amOpening Ceremony (Main Hall)
National Anthem of Nepal
Nepali Cultural Performance
Welcome Remarks: Mr. Chandra Prasad Dhakal, FNCCI President (Nepal) & Mr. Peter McMullin AM, President, CACCI (Australia)
Remarks by: Mr. Pradeep Kumar Shrestha, Vice President, CACCI / Former President, FNCCI ( Nepal)
Remarks by: Special Guest Dr. Prakash Sharan Mahat, Honorable Finance Minister of Nepal
Keynote Speaker: Dr. Baburam Bhattarai, Former Prime Minister of Nepal
Address by Chief Guest: Mr. Ramchandra Paudel, Right Honorable President of Nepal
Vote of Thanks: Mr. Anjan Shrestha, Senior Vice President, FNCCI( Nepal)
Group Photograph & Tokens of Appreciation
10:30am-10:45am Coffee Break
10:45am-12:00pm Plenary Session 1
SUSTAINABILITY: Developing Clean and Renewable Energy for a Greener World
(Main Hall)
This session will feature speakers who will share their views on how to ensure a sustainable supply of renewable energy, improve access to modern energy services, identify possible areas of regional cooperation to achieve a clean energy integration to build a greener world, and how chambers can play the role as a voice of change at COP28 in Dubai.
Speakers – 10 minutes each
Mr. Sushil Chandra Tiwari, Secretary, Water and Energy Commission Secretariat, Government of Nepal. (Nepal)
Mr. Khurram Sayeed, CEO, Planet Energy Pvt. Ltd / Vice President, CACCI (Pakistan)
Mr. Gyanendra Lal Pradhan, Chairman, Asian Council on Water, Energy, and Environment (ACWEE) (Nepal)
Dr. Alireza Yavari, Deputy President for International Affairs, ICCIMA / Vice President, CACCI (IRAN)
Mr. Homer Yu, Vice President, Kowloon Chamber of Commerce (KCC) (Hong Kong)
Moderator: Mr. RV Shahi, Ex-Secretary, Ministry of Power India (India)
Tokens of Appreciation
12:00pm-01:15pmPlenary Session 2
ENTREPRENEURSHIP:Driver for Regional Economic Growth (Main Hall)
Discussion will focus on how to promote the entrepreneurial spirit in the region – particularly young and women entrepreneurs – through, for instance, mentorship and access to capital and markets, in order to make them effective and sustained contributors to the economic growth of their respective communities and the national and regional economy as a whole.
Speakers – 8 to 10 minutes each
Mr. Michael Lee, Chair, Membership and Partnership Alliance Committee, YEGAP / CEO, CreBiz Factory (South Korea)
Mr. Allen John Ku, Vice-President, EVERIII & Partners / Director, Startup Island Taiwan (The Intersection of Innovation & Technology) (Taiwan)
Prof. Pramod B. Shrestha Ph.D. Entrepreneurship and the Metanarrative of Economic Growth: An Overview, Ph.D. (Engineering Management, University of Alberta, Edmonton, Canada) Institute of Engineering, Tribhuvan University (Nepal)
Ms. Narin Shahrokhi Kabir, ICCIMA (Iran)
Moderator: Mr. Suraj Vaidya, Past President, FNCCI / President, Vaidya’s Organization of Industries & Trading Houses (Nepal)
Tokens of Appreciation
01:15pm – 02:30pm Lunch
02:30pm – 03:30pm
Policy Advocacy Working Group Meeting
(Main Hall)
Session Chair: Mr. Peter McMullin AM, President, CACCI (Australia)
Presenter (virtual): TEPAV (Turkey) on “Sector Specific, Green Transformation Model for Value Chain Formation Among CACCI Member Countries”
03:30pm – 05:00pm
Discover Business Opportunities Through CACCI
(Main Hall)
Session Chair: Mr. Jemal Inaishvili, President Emeritus, CACCI (Georgia)
Special Remarks: Mr. John Denton AO, Secretary General, ICC (Video) (Australia)
Country Presenters: (1) Singapore Manufacturing Federation (SMF), Mr. Lennon Tan (Singapore)
(2) FNCCI, Mr. Kush Kumar Joshi, Past President, FNCCI /Managing Director, Nepal Ekarat Engineering Co. Pvt. Ltd. (Nepal)
03:30pm – 04:30pm Budget Commission Meeting (Bhaktapur Hall) (Not open to the public) 05:00pm – 06:30pm 97th CACCI Council Meeting (Bhaktapur Hall) (Not open to the public)
Tokens of Appreciation
07:00pm-08:30pm Welcome Reception (Cocktails followed by casual dinner)
Tuesday 7 November 2023
08:30am-09:00am Registration
09:00am-10:15amParallel Breakout Session – Group 1
Asian ICT Council on “Envision the Future of AI”
(Main Hall 1)
Invited speakers will be requested to share their perspectives on the session theme “Envision the Future of Artificial Intelligence”: what are the challenges, opportunities, and benefits for industries and businesses
Speakers – 8-10 minutes each
Mr. Sam Shen, Global Business Director, Taiwan Smart Solutions Alliance (TSSA) (Taiwan)
Mr. Parag Shrestha, Managing Director, Fuse machines Inc. (Nepal)
Mr. Homer Yu, Vice President, Kowloon Chamber of Commerce (KCC) (Hong Kong)
Mr. Umesh Raghubanshi, Vice President, Federation of Computer Association Nepal (CAN Federation) (Nepal)
Prof. Andrew Koh, President, Singapore Chapter, Government Blockchain Association (Singapore)
Session Chairman: Mr. Mangesh Lal Shrestha, Immediate Past Chairman, CACCI YEGAP / Global Vice President (Growth & AI) at Frost & Sullivan (Nepal)
Tokens of Appreciation
Asian Council on Food and Agriculture on “Food Security and Access: Ensuring Equitable and Sustainable Food Systems”
(Main Hall 2)
Invited speakers will be requested to elaborate on their views on how to ensure equitable and sustainable food systems through food security and food access.
Speakers -8-10 minutes each
Mr. Rommel Gerodias, President, A101 Innovation Inc.“Food Safety”(Philippines)
Mr. Sumit Kedia, Executive Director, Kedia Organization / Commodity Council Advisor , FNCCI (Nepal)
Mr. Igor Piasetskii, Representative of the Chamber of Commerce and Industry of Russian Federation in India. (Russia)
Mr. Hem Raj Dhakal,Vice President (Commodity), FNCCI (Nepal)
Session Chairman: Mr. Pradeep Kumar Shrestha, Vice President, CACCI / Former President, FNCCI (Nepal)
Tokens of Appreciation
10:15am-11:30am Parallel Breakout Session – Group 2
Young Entrepreneurs Group Asia-Pacific on “Digital Transformation and Adoption of AI: Driver for Innovation in Entrepreneurship, Trade and Sustainability”
(Main Hall 1)
This session will feature speakers who will examine how digital transformation and the adoption of AI will serve to drive and enable innovation in entrepreneurship, trade and sustainability.
Speakers – 8-10 minutes each
Mr. Michael Lim, Founder, Beyond Value (Australia)
Mr. Aabhushan Jyoti Kansakar, Board Member, Nepalese Young Entrepreneurs Forum (NYEF) (Nepal)
Mr. Saurabh Jyoti, Chairman, Syakar Trading Co. P. Ltd. (Nepal)
Session Chairman: Mr. Rommel Gerodias, President, A101 Innovation Inc. (Philippines)
Tokens of Appreciation
Asian Council on Tourism on“Green Tourism for Sustainable Future”
(Main Hall 2)
Invited speakers will share their experiences and best practices in promoting green tourism in their respective countries for a sustainable future.
Speakers – 8-10 minutes each
Mr. Yogendra Shakya, Chairman, Club Himalayan Resort, Nagarkot (Hotel Ambassador) (Nepal)
Dr. Dhananjaya Regmi, CEO, Nepal Tourism Board (Nepal)
Mr. Binayak Shah, President, Hotel Association Nepal (Nepal)
Session Chairman: Mr. Anura Lokuhetty, Chairman, Red Apple Travels & Holidays Lanka (Pvt) Ltd. (Sri Lanka)
Tokens of Appreciation
11:30am-12:45pm Parallel Breakout Session – Group 3
SME Development Council on “Private sector and government cooperation for SMEs change management”
(Main Hall 1)
This session will feature speakers who will elaborate on their countries’ experience in promoting the growth and development of SMEs and the government policies in place to achieve this objective amidst a changing market environment.
Speakers – 8-10 minutes each
Mr. Stuart Thomson, Co-Founder and Executive Director, Good Business Foundation / Chief of Staff, Office of the President, CACCI(Australia)
Ms. Jyotsna Shrestha, Vice President (Associate), FNCCI(Nepal)
Ms. Juna Mathema, Chairperson, Startup and Innovation Forum, FNCCI (Nepal)
Session Chairman: Mr. George Abraham, Chairman, The GA Group Pte. Ltd.(Singapore)
Tokens of Appreciation
Asian Council on Water, Energy and Environment on “Clean & Green Energy: CO2 Zero Emission”
(Main Hall 2)
Invited speakers will share their views and perspectives on the importance of promoting clean and green energy and what their respective countries are doing in this regard.
Mr. Ganesh Karki, President, Independent Power Producers Association, Nepal (IPPAN) (Nepal)
Mr. Sher Singh Bhat, Former Deputy MD of Nepal Electricity Authority (Nepal)
Session Chairman: Mr. Gyanendra Lal Pradhan, Chairman, Asian Council on Water, Energy and Environment, CACCI (Nepal)
Tokens of Appreciation
12:45pm-02:30pm Lunch
02:30pm- 03:45pmPlenary Session 3
TRADE:Helping Businesses Become Global Trade Players
(Main Hall)
Invited speakers will elaborate on their thoughts and ideas on how to assist businesses, particularly the SMEs which comprised majority of chambers’ constituencies, adequately equipped to participate in the international market through, for instance, digital transformation, mediation and dispute resolution capability, and labor mobility and skills development to meet new business and market demands.
Speakers – 8 to 10 minutes each
Dr. Yubaraj Khatiwada, Former Finance Minister of Nepal (Nepal)
Mr. James Shi Chu, Secretary General, Chinese National Association of Industry and Commerce (CNAIC), Taiwan (Taiwan)
Dr. Posh Raj Pandey, Executive Chairman, South Asia Watch on Trade, Economics and Environment (Nepal)
Dr. Gunveena Chadha, Assistant Secretary General and Coordinator International Division, Federation of Indian Chambers of Commerce and Industry (FICCI) (India)
Moderator: Mr. Sheikh Fazle Fahim, Vice President, CACCI / Former President, FBCCI (Bangladesh)
Tokens of Appreciation
03:45pm – 04:00pmCoffee Break
04:00pm – 05:30pm Plenary Session 4
CEO FORUM: Development Challenges and Opportunities in the Asia-Pacific Region
(Main Hall)
Company CEOs and business leaders will be invited to share their insights on what they think are the development challenges and opportunities faced by the region, including – but not limited to – food safety and security, tourism, supply chain resilience, climate change, cooperation in healthcare, the impact of the ongoing Russia-Ukraine conflict, and China’s economic growth.
Speakers – 8-10 minutes each
Mr. Jemal Inaishvili, President Emeritus, CACCI / Former CEO, Poti Sea Port (Georgia)
Mr. Samir Modi, Immediate Past President, CACCI / Executive Director, Modi Enterprises (India)
Mr. Lennon Tan, President, Singapore Manufacturing Federation (SMF) (Singapore)
Mr. Padma Jyoti, Chairman, Jyoti Group / Past President, FNCCI (Nepal)
Moderator: Mr. Peter McMullin AM, President, CACCI (Australia)
Tokens of Appreciation
06.30pmGala Dinner
Wednesday 8 November 2023
Optional Post-Conference City-Tour Departure of delegates
Webinar on Advancing ESG Agenda: Net Zero Emission Supply Chain Through Carbon Footprint (CFP) – Register now!
The Confederation of Asia-Pacific Chambers of Commerce and Industry cordially invites members to join the webinar on Advancing ESG Agenda: Net Zero Emission Supply Chain Through Carbon Footprint (CFP) to be held on 19 October 2023 from 15:00-16:50 Tokyo time. Jointly organized by the Asian Bankers Association (CACCI’s subsidiary organization) and the Association of Credit […]
Webinar on Advancing ESG Agenda: Net Zero Emission Supply Chain Through Carbon Footprint (CFP) – Register now!
The Confederation of Asia-Pacific Chambers of Commerce and Industry cordially invites members to join the webinar on Advancing ESG Agenda: Net Zero Emission Supply Chain Through Carbon Footprint (CFP) to be held on 19 October 2023 from 15:00-16:50 Tokyo time.
Jointly organized by the Asian Bankers Association (CACCI’s subsidiary organization) and the Association of Credit Rating Agencies in Asia (ACRAA), the 110-minute webinar will feature as Speakers a Japanese government official, a petrochemical company staff, a commercial banker and a rating agency representative.
THE SUBJECT: What is the Carbon Foot Print (CFP)?
A carbon footprint is a measure of the amount of greenhouse gases (primarily carbon dioxide) released into the atmosphere by an individual, organization, product, service, or event. The carbon footprint consists of two components: direct emissions and indirect emissions.
Direct emissions are the amount of carbon dioxide and other greenhouse gas emissions produced by energy use and transportation. Indirect emissions are those associated with the production, supply, and consumption of products and services.
They take into account the entire life cycle of a product and assess the greenhouse gas emissions at each stage of production, processing, transportation, use, and disposal of raw materials.
Measuring and reducing the carbon footprint is an important part of sustainable development and climate change action. Based on the measured data, effective greenhouse gas reduction strategies can be developed.
WEBINAR’S OBJECTIVE
This webinar will focus on and share different expert perspectives on how financing schemes can be used to reduce greenhouse gas emissions throughout the supply chain.
Participants will:
(a) gain an in-depth understanding of financing schemes to promote zero-emissions throughout the supply chain; and
(b) find concrete steps to adopt sustainable business strategies to run the business and protect the global environment
THE PROGRAM
15:00 Introductory Remarks
Speaker: Mr. Atsushi Masuda, Chairman of ACRAA, Counselor for International Affairs, Japan Credit Rating Agency (JCR).
15:05 Carbon footprint and net zero emission target for the entire supply chain Speaker: Tomoki Sano, Deputy Director, Environmental Policy Division, Industrial Technology and Environment Bureau, Ministry of Economy, Trade and Industry (METI).
15:25 Outline of carbon footprint and sustainability link loan framework by NAGASE & CO., LTD. Speaker: Mr. Yasuyuki Aizawa, Corporate Sustainability Office Manager, NAGASE & CO., LTD.
15:45 Business management support for zero emission by financial institutions Speaker: Mr. Naoya Orita. Vice President/Head of Sustainable Finance Japan, Sustainable Business Division, MUFG Bank, Ltd.
16:05 How to evaluate the alignment of Supply Chain Finance Framework with Sustainability Linked Loan Principles Speaker: Ms. Atsuko Kajiwara, Managing Executive Officer, Head of Sustainable Finance Evaluation Group.
16:25 Panel discussion and Q&A Session.
16:50 Closing Remarks.
Please register HERE and share this invitation with colleagues.
About ACRAA:
ACRAA was formally organized on 14 September 2001 at the Asian Development Bank headquarters by 15 Asian credit rating agencies from 10 countries. As of September 2022, membership has increased to 28 members from 15 countries. An initiative of the ABA, ACRAA unites domestic credit rating agencies in a regional cooperative effort to develop and promote interaction and exchange of ideas, information, and skills among credit rating agencies in Asia to enhance their capabilities and their role of providing reliable market information. ACRAA also aims at promoting the adoption of best practices and common standards that ensure high quality and comparability of credit ratings throughout the region, following the highest norms of ethics and professional conduct.
28th CACCI Tourism Newsletter available
CACCI is pleased to share with you the 28th Volume of CACCI Tourism Newsletter, it is available to view or download here. We hope that this publication will serve as an effective platform for an exchange of information among the tourism sector in the CACCI region. Members are, therefore, encouraged to contribute articles for our […]
CACCI is pleased to share with you the 28th Volume of CACCI Tourism Newsletter, it is available to view or download here.
We hope that this publication will serve as an effective platform for an exchange of information among the tourism sector in the CACCI region. Members are, therefore, encouraged to contribute articles for our future issues. Kindly forward your materials, preferably with accompanying photos to teresaliu@cacci.biz.
Thank you, and with best regards.
David Hsu Director-General Confederation of Asia-Pacific Chambers of Commerce and Industry (CACCI)
CACCI Newsletter on Food and Agriculture available
Taipei – We are pleased to share with you the 20th Volume of CACCI Food & Agriculture Newsletter. It is available to view or download HERE. We hope that this publication will serve as an effective platform for an exchange of information among the tourism sector in the CACCI region. Members are, therefore, encouraged to contribute articles for […]
CACCI Newsletter on Food and Agriculture available
Taipei – We are pleased to share with you the 20th Volume of CACCI Food & Agriculture Newsletter. It is available to view or download HERE.
We hope that this publication will serve as an effective platform for an exchange of information among the tourism sector in the CACCI region. Members are, therefore, encouraged to contribute articles for our future issues. Kindly forward your materials, preferably with accompanying photos to teresaliu@cacci.biz.
Thank you, and with best regards.
Sincerely yours,
David Hsu Director-General
CACCI
Water, Energy & Environment Newsletter available
CACCI is pleased to announce that the 11th edition of the Asian Council on Water, Energy and Environment (ACWEE) newsletter is now available to read or download here. The latest issue includes features on the world’s water crisis and renewable energy, as well as projects to help fight plastic pollution, mobilize financing for energy transition […]
CACCI is pleased to announce that the 11th edition of the Asian Council on Water, Energy and Environment (ACWEE) newsletter is now available to read or download here.
The latest issue includes features on the world’s water crisis and renewable energy, as well as projects to help fight plastic pollution, mobilize financing for energy transition in Asia, and sponge cities for water efficiency.
We hope that this edition– and future ones– may serve as an effective platform for an exchange of information among members of the water, energy, and environment sectors in the region.
If you wish to contribute articles or other materials that can be published in the next newsletter, you may send them to the CACCI Secretariat’s at cacci@cacci.biz
Thank you and best regards.
David Hsu Director-General Confederation of Asia-Pacific Chambers of Commerce & Industry
Proposed CACCI Joint Seminars on “International Trade Terms” for new changes in 2023
The Confederation of Asia-Pacific Chambers of Commerce and Industry (CACCI) plans to organize for the second half of 2023, in cooperation with interested Primary and Affiliate Members, four different one-day seminars on International Trade Terms 2020 (Incoterms 2020) and related themes. The four proposed programs are: (1) New Revision of the International Trade Terms (one […]
Proposed CACCI Joint Seminars on “International Trade Terms” for new changes in 2023
The Confederation of Asia-Pacific Chambers of Commerce and Industry (CACCI) plans to organize for the second half of 2023, in cooperation with interested Primary and Affiliate Members, four different one-day seminars on International Trade Terms 2020 (Incoterms 2020) and related themes.
As the Incoterms 2020 have been applicable since January 1, 2020, being familiar with all changes and their impact is a must in the international trade and finance world. Moreover, new changes were implemented during 2023 that might require further study.
Interested chambers can choose from the suggested topics and preferably organize a two one-day courses. The programs can be adjusted according to the Chamber’s needs. For instance there could be more comprehensive one-day course just on documentary credits and their financing, with news such as ISBP 821 and new ICC Opinions on some practical issues. New topics can be added or deleted. In fact, more time will be allocated to practical case studies and discussions.
By attending the seminars, participants will be able to:
(1) get a further understanding on the main aspects of contract of sale, related risks, main problematic issues;
(2) familiarize themselves with trade terms as per Incoterms and above all with new revision Incoterms 2020 – their practical impact on international trade and finance; and
(3) learn about the relationship of payment terms to trade terms – Incoterms 2020.
The seminars will be conducted by Mr. Pavel Andrle, Secretary to the Banking Commission of ICC Czech Republic as well as Member of UCP 600 Consulting Group.
In this regard, we would like to know whether your Chamber is interested in hosting the proposed seminars under a cost-sharing arrangement as outlined in the Annex 1.
Please let us know if your Chamber is interested to host the proposed seminars under the proposed cost-sharing arrangements by filling out the attached Response Form and returning it to us through our Fax No.: (886 2) 2760-7569 or e-mail: cacci@cacci.biz by September 15, 2023.
CACCI Joint Seminars on “International Trade Terms” in April 17-18, 2023 in Hanoi
CACCI VP Dr. Alireza Yavari’s Business Dinner with Sri Lanka’s Foreign Minister Mr. Ali Sabri
On the evening of 5th August 2023, Dr. Alireza Yavari, the Vice-President of CACCI, attended a business dinner banquet planned by the Business Magnates Association (BMA) in Tehran. It was at this event that Dr. Yavari had the honor of engaging in a comprehensive discussion with the Foreign Minister of Sri Lanka, Mr. Ali Sabri. […]
CACCI VP Dr. Alireza Yavari’s Business Dinner with Sri Lanka’s Foreign Minister Mr. Ali Sabri
On the evening of 5th August 2023, Dr. Alireza Yavari, the Vice-President of CACCI, attended a business dinner banquet planned by the Business Magnates Association (BMA) in Tehran. It was at this event that Dr. Yavari had the honor of engaging in a comprehensive discussion with the Foreign Minister of Sri Lanka, Mr. Ali Sabri.
The crux of their conversation delved into the commercial activities prevalent in the APAC region.
The three primary topics discussed were:
APAC Region Trade: The importance of commercial activities in the APAC region was highlighted, with an emphasis on enhancing trade relations among CACCI’s member states.
Tourism in Sri Lanka: Focus was on Sri Lanka’s growing tourism sector, covering:
The rise in foreign investments in hotels, especially luxury brands like Shangri-La.
The involvement of Emirati investors in the hotel sector.
The popularity of boutique hotels.
Economic Strategy of Sri Lanka: Minister Sabri discussed:
The nation’s success in reducing inflation from 70% to 6.7% swiftly.
Steps taken included raising interest rates, removing subsidies, and introducing social security for the poorest 20%.
These efforts led to Sri Lanka’s inclusion in the IMF program, reflecting economic stability and a confirmed $8 billion funding over four years from institutions such as the IMF and ADB, promising steady economic growth and recovery.
Excellent webinar on Hong Kong After Covid-19 held on July 14th 2023
The Kowloon Chamber of Commerce (KCC) hosted a well-attended webinar on “Hong Kong After CoVid-29’ on July 14, 2023, 2:00 PM Hong Kong Time. Co-organized with the Confederation of Asia-Pacific Chambers of Commerce and Industry (CACCI), the one-hour webinar featured as Speaker Professor Terence Chong, Associate professor of Economics, The Chinese University of Hong […]
Excellent webinar on Hong Kong After Covid-19 held on July 14th 2023
The Kowloon Chamber of Commerce (KCC) hosted a well-attended webinar on “Hong Kong After CoVid-29’ on July 14, 2023, 2:00 PM Hong Kong Time.
Co-organized with the Confederation of Asia-Pacific Chambers of Commerce and Industry (CACCI), the one-hour webinar featured as Speaker Professor Terence Chong, Associate professor of Economics, The Chinese University of Hong Kong. Serving as Moderator was Mr. Ernest Yuen, KCC Chairman and Vice President of CACCI
Professor Chong made a presentation on the current economic and financial sector situation in Hong Kong, the policy measures the territory has adopted to mitigate the impact of the pandemic and to achieve sustainable economic recovery and sustainable growth, and the trade, investment, and business opportunities it currently offers, particularly to investors from other counties in the region.
In his presentation, Professor covered the following topics:
(1) An overview of the current state of Hong Kong economy
(2) The growth in the number of tourists after the opening up of Hong Kong in 2023
(3) The current state and future prospects of Hong Kong’s Banking and Financial sector
(4) Hong Kong’s housing market prospect
(5) The engine of growth for Hong Kong economy in the second half of 2023
Professor Chong highlighted the following points in his report:
The Hong Kong economy posted a growth of 2.3annual growth during the first quarter of 2023, after recording negative quarterly growths in 2022 from -1.2% to -4.6%.
The Hong Kong unemployment rate has started to decline in 2023 to reach the low levels of about 3% prior to the pandemic period, with the number of employed persons going up since the start of the current year.
Inflation rate has also been controlled to the 2.0% level in May 2023
China and Hong Kong exports have also been slowly improving from their 2019-2020 levels;
Fiscal expenditures on average stay higher than prior to the pandemic period due to the government’s pandemic-related spending
The number of arriving tourists has started to go up in 2023 from almost zero in the previous three years, as Hong Kong begins to open up.
Passenger traffic at the airport continues to show a net outflow of Hong Kong residents in 2023 although the situation has slightly improved compared with the previous three years.
The traffic of visitors from Mainland China has remained more or less steady, while passenger traffic from other countries has shown improvement during the early part of 2023
The banking sector remained healthy, with their balance sheets showing a gradual growth during the past two years
Bank loans to the private sector have also remained high indicating a steady demand from businesses.
The Hong Kong 3-month Interbank rate has followed the same trend shown by the US Fed Funds Rate
The Hong Kong housing price index as well as the Hong Kong Property Market price index have slightly dipped but stayed at a level higher than prior to 2020, indicating a continuing demand
For the second half of 2023, business confidence is rising, as reflected in the positive annual growth in retail sales during the first half of the year.
The Hong Kong government is currently working on the integration of the Hong Kong economy through the development of the Greater Bay Area, which covers regions that have their respective strengths in finance, technology, and manufacturing.
Only registered participants received a copy of the presentation.
The video recording of the webinar is available here.
CACCI Profile – November edition available
We are pleased to announce that the November 2023 issue of CACCI Profile is now available. Please click here to read or download. This month’s issue features the highlights of the recently concluded 37th CACCI Conference in Kathmandu, Nepal. It also includes news on the WCF General Council Meeting in Geneva in late November, and […]
We are pleased to announce that the November 2023 issue of CACCI Profile is now available. Please click here to read or download.
This month’s issue features the highlights of the recently concluded 37th CACCI Conference in Kathmandu, Nepal. It also includes news on the WCF General Council Meeting in Geneva in late November, and on the recent meeting of CoNGO President Liberato Bautista with CACCI Secretariat officers. Additionally, the newsletter features the latest news from Member Chambers, along with a wide range of articles relevant to business and trade.
It is our ardent hope that this monthly publication is useful to you and your work, and enables you to know more about the CACCI, our members, and their activities.
If you wish other members of your organization to receive a copy of the CACCI Profile, please send us their names, titles/positions, and email addresses through cacci@cacci.biz
We would also appreciate receiving your comments on how we can further improve the CACCI Profile in terms of its format and contents.
If you have any articles you wish to share with our members, you are welcome to send these to us, with accompanying photos if possible, through cacci@cacci.biz
First Semester 2023 Issue of the CACCI Journal of Commerce and Industry
We are pleased to announce the First Semester 2023 issue of the CACCI Journal of Commerce and Industry is now available online. It is our ardent hope that this publication will continue to serve as an effective platform for the exchange and sharing of information and ideas among CACCI members on issues impacting on the […]
First Semester 2023 Issue of the CACCI Journal of Commerce and Industry
We are pleased to announce the First Semester 2023 issue of the CACCI Journal of Commerce and Industry is now available online.
It is our ardent hope that this publication will continue to serve as an effective platform for the exchange and sharing of information and ideas among CACCI members on issues impacting on the region’s commerce and industry.
We would also like to take this opportunity to invite all members to contribute articles for the next issues of the Journal. Kindly send your materials to the CACCI Secretariat through our e-mail address at cacci@cacci.biz
CACCI Director-General Calls on Turkey’s Representatives in Taipei
Turkey’s Representative in Taipei Mr. Muhammed Berdibek (center) received CACCI Director General Mr. David Hsu (left) and Deputy Director-General Mr. Amador Honrado Jr. (right) on July 21, 2023 at the Turkish Trade Office in Taipei. During the visit, Mr. Hsu introduced CACCI and the Asian Bankers Association (ABA), one of the Product and Service […]
CACCI Director-General Calls on Turkey’s Representatives in Taipei
Turkey’s Representative in Taipei Mr. Muhammed Berdibek (center) received CACCI Director General Mr. David Hsu (left) and Deputy Director-General Mr. Amador Honrado Jr. (right) on July 21, 2023 at the Turkish Trade Office in Taipei.
During the visit, Mr. Hsu introduced CACCI and the Asian Bankers Association (ABA), one of the Product and Service Councils established under the CACCI umbrella, to Mr. Berbidek. Hel also outlined programs of CACCI and highlighted the active involvement of the Union Chambers and Commodity Exchanges of Turkey (TOBB) since it joined CACCI as a Primary Member in 2009. Among others, Mr. Hsu informed Mr. Berbidek that TOBB has hosted two annual gathering of CACCI and three CACCI Presidential visits, and that incumbent TOBB President Mr. Rifat Hisarciklioglu has served as CACCI Vice President since 2014.
Mr. Berbidek expressed his appreciation for the visit of Mr. Hsu and Mr. Honrado and offered his office’s assistance in helping CACCI members from other countries – especially those from Taiwan – who may be interested in exploring business opportunities in Turkey, and in establishing contacts with relevant government agencies in the country.
Asian ICT Council’s newsletter available
CACCI is pleased to announce that the July 2023 issue of the Asian ICT Council Newsletter is now available to read or download here. The latest issue includes a report on the successfully concluded webinar on Cross-Border Digital Skilling, and features several articles covering AI, smart industries, and digital transformation. We hope that this edition– and […]
CACCI is pleased to announce that the July 2023 issue of the Asian ICT Council Newsletter is now available to read or download here.
The latest issue includes a report on the successfully concluded webinar on Cross-Border Digital Skilling, and features several articles covering AI, smart industries, and digital transformation. We hope that this edition– and the future ones– may serve as an effective platform for an exchange of information among members of the ICT sectors in the region.
If you wish to contribute articles or other materials that can be published in the next newsletter, you may send them through the CACCI Secretariat’s e-mail address at cacci@cacci.biz
Webinar on Hong Kong Economy After Covid-19 – Register now!
CACCI cordially invite its members and friends to the upcoming Investment Forum “Hong Kong Economy After Covid-19” scheduled to take place on July 14, 2023 at 14:00 SGT. Jointly organized by Kowloon Chamber of Commerce (KCC) and CACCI (ABA’s parent organization), the 90-minute Forum will feature as Speaker Professor Terence Chong, Ph.D., Associate Head of […]
Webinar on Hong Kong Economy After Covid-19 – Register now!
CACCI cordially invite its members and friends to the upcoming Investment Forum “Hong Kong Economy After Covid-19” scheduled to take place on July 14, 2023 at 14:00 SGT.
Jointly organized by Kowloon Chamber of Commerce (KCC) and CACCI (ABA’s parent organization), the 90-minute Forum will feature as Speaker Professor Terence Chong, Ph.D., Associate Head of New Asia College, Executive Director of Lau Chor Tak Institute of Global Economics, Finance Co-Director of Global Economics and Finance Program & Associate Professor of Economics at The Chinese University of Hong Kong.
Professor Chong’s presentation will elaborate on the following topics:
(1) Current economic and financial sector situation in Hong Kong.
(2) Policy measures the territory has adopted to mitigate the impact of the pandemic and to achieve sustainable economic recovery and sustainable growth.
(3) Trade, investment, and business opportunities it currently offers, particularly to investors from other counties in the region.
THE AGENDA
14:00Opening Remarks by Moderator, Mr. Ernest Yuen, Chairman of the Kowloon Chamber of Commerce and CACCI Vice President.
14:05Feature Presentation by Professor Terence Chong, Ph.D.
15:00Q&A Session
15:25Closing Remarks by Moderator, Mr. Ernest Yuen
CACCI is pleased to share with you the 19th Volume of CACCI Health & Education Newsletter, it is available to view or download here. We hope that this publication will serve as an effective platform for an exchange of information among the tourism sector in the CACCI region. Members are, therefore, encouraged to contribute articles […]
CACCI is pleased to share with you the 19th Volume of CACCI Health & Education Newsletter, it is available to view or download here.
We hope that this publication will serve as an effective platform for an exchange of information among the tourism sector in the CACCI region. Members are, therefore, encouraged to contribute articles for our future issues. Kindly forward your materials, preferably with accompanying photos to teresaliu@cacci.biz.
CACCI Profile – June edition available
We are pleased to announce that the June 2023 issue of CACCI Profile is now available. Please click here to read or download. This month’s issue features updates from President Peter McMullin on his recent trip to Geneva to participate in the 13th World Chambers Congress, as well as a brief summary on the Presidential […]
We are pleased to announce that the June 2023 issue of CACCI Profile is now available. Please click here to read or download.
This month’s issue features updates from President Peter McMullin on his recent trip to Geneva to participate in the 13th World Chambers Congress, as well as a brief summary on the Presidential Visits he led to Taipei and Hanoi last May. Additionally, the newsletter features the latest news from Member Chambers, along with a wide range of articles relevant to business and trade.
It is our ardent hope that this monthly publication is useful to you and your work, and enables you to know more about the CACCI, our members, and their activities.
If you wish other members of your organization to receive a copy of the CACCI Profile, please send us their names, titles/positions, and email addresses through cacci@cacci.biz
We would also appreciate receiving your comments on how we can further improve the CACCI Profile in terms of its format and contents.
If you have any articles you wish to share with our members, you are welcome to send these to us, with accompanying photos if possible, through cacci@cacci.biz.
Webinar on CPTPP June 28 – Register now
The Confederation of Asia-Pacific Chambers of Commerce and Industry (CACCI) invites you to the upcoming webinar on the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), scheduled to take place on June 28 at 2:00 PM, Taipei Time. CPTPP is a trade agreement among Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, […]
The Confederation of Asia-Pacific Chambers of Commerce and Industry (CACCI) invites you to the upcoming webinar on the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), scheduled to take place on June 28 at 2:00 PM, Taipei Time.
CPTPP is a trade agreement among Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, and Vietnam. It evolved from the Trans-Pacific Partnership (TPP), which was never ratified due to the withdrawal of the United States.
The eleven signatories have combined economies representing 13.4 percent of global gross domestic product, at approximately US$13.5 trillion, making CPTPP one of the world’s largest free-trade areas by GDP, along with the United States-Mexico-Canada Agreement, The European single market, and the Regional Comprehensive Economic Partnership (RCEP).
Jointly organized by CACCI and the Japan Chamber of Commerce and Industry (JCCI), the webinar will feature expert speakers from Japan, Taiwan, and Australia who will share their perspectives on the following topics:
(1) Current status of the CPTPP (the signatories, newest members, current applicants, potential applicants, etc.)
(2) Rationale of the Agreement
(3) Benefits expected from the Agreement
(4) What are the challenges, issues, and/or criticisms for the implementation of the Agreement going forward? How may these challenges be overcome?
AGENDA
14:00
Opening Remarks by the Moderator, Mr. Lennon Tan, President of the Singapore Manufacturing Federation
14:05
Special Remarks by Dr. Roy Chun Lee, Deputy Minister of Foreign Affairs, Republic of China (Taiwan)
14:10
1st Presentation by Mr. Noriyuki Mita, Director of Strategy & Planning Division at Basic Materials Business Group, Mitsubishi Chemical Corporation
14:30
2nd Presentation by Dr. Huai-Shing Yen, Associate Research Fellow and Senior Deputy, Executive Director at the Taiwan WTO and RTA Center, Chung Hwa Institution for Economic Research (CIER)
14:50
3rd Presentation by Hon. Professor Andrew Stoeckel, Centre for Applied Macroeconomic Analysis at the Australian National University
Webinar on Philippines Foreign Investments a success
The Philippine Chamber of Commerce and Industry (PCCI) and the Confederation of Asia-Pacific Chambers of Commerce and Industry (CACCI) jointly organized an Investment Forum on the Philippines on June 20, 2023. The 90-minute online Forum focused on the theme “Philippines: An Enviable Destination for Foreign Investments”. It featured speakers from both the Philippine government and […]
Webinar on Philippines Foreign Investments a success
The Philippine Chamber of Commerce and Industry (PCCI) and the Confederation of Asia-Pacific Chambers of Commerce and Industry (CACCI) jointly organized an Investment Forum on the Philippines on June 20, 2023.
The 90-minute online Forum focused on the theme “Philippines: An Enviable Destination for Foreign Investments”. It featured speakers from both the Philippine government and business sectors who made presentations on the current economic situation in the Philippines and the trade, investment, and business opportunities to foreign investors and companies.
The speakers and their respective topics included the following:
Dr. Ceferino Rodolfo, Vice Chairman and Managing Head, Board of Investments, Department of Trade and Industry (Doing Business in the Philippines)
Mr. Perry E. Ferrer, Vice President for Industrial Affairs / Director, Digital Science and Technology, Philippine Chamber of Commerce, and Industry (Information Technology / Innovation)
Arch, Felino A. Palafox, Jr., Vice President for Trade Affairs and Director for Environment and Natural Resources and Climate Change, PCCI (Infrastructure / Smart City
Mr. Salvador Salacup, Co-Chair, Agriculture Committee, PCCI (Agriculture
Ms. Lisa S. Go, Chief, Investment Promotion Office, Department of Energy (Renewable Energy)
Mr. Tereso O. Panga, Director General, Philippine Economic Zone Authority (Investment Opportunities in Ecozones)
The Forum opened with a Welcome Remarks by Mr. George T. Barcelon, President of PCCI, followed with the Opening Remarks by Mr. Peter McMullin AM, President, CACCI
The Closing Remarks were given by Mr. Jude G. Aguilar, Chairman, International Affairs Department and Co-Chairman, 49th PBC&E Organizing Committee, PCCI.
Only registered participants received the presentations (in PDF format).
The video presentation of the webniar can be viewed below or at the CACCI YouTube Channel.
CACCI Director-General Meets with the Japanese Representatives in Taiwan
Ms. Mayumi Eda, Director for Economic Affairs, and Ms. Yuko Arita, Chief, Trade Inquiry Unit and Director for Economic Affairs at the Japan-Taiwan Exchange Association Taipei Office, received CACCI Director General Mr. David Hsu on June 9, 2023 at their headquarters. Mr. Hsu, who was accompanied by Ms. Yumiko Ebata, Vice President, Corporate Relations Department, […]
CACCI Director-General Meets with the Japanese Representatives in Taiwan
Ms. Mayumi Eda, Director for Economic Affairs, and Ms. Yuko Arita, Chief, Trade Inquiry Unit and Director for Economic Affairs at the Japan-Taiwan Exchange Association Taipei Office, received CACCI Director General Mr. David Hsu on June 9, 2023 at their headquarters.
Mr. Hsu, who was accompanied by Ms. Yumiko Ebata, Vice President, Corporate Relations Department, CTBC Bank Co., Ltd, briefed Ms. Eda and Ms. Arita on the programs of CACCI and highlighted the active involvement of the Japan Chamber of Commerce and Industry (JCCI) since the Confederation was established in 1966 with JCCI as one of its Founding members. Among others, Mr. Hsu informed that JCCI has hosted 10 annual gathering of CACCI and two CACCI Presidential visit, and that four of the past CACCI Presidents were from Japan.
Ms. Eda and Ms. Arita expressed his appreciation for the work of CACCI and its efforts in helping the Japanese business community – through JCCI – reach out into the Asian market.
New Zealand Representative in Taiwan Calls on CACCI Secretariat
Mr. Mark Pearson, Director, New Zealand Commerce and Industry Office in Taipei (center), visited the CACCI Secretariat headquarters on June 6 and met with CACCI Director-General Mr. David Hsu (2nd from left) and other Secretariat officers Deputy Director-General Mr. Amador Honrado (3rd from right), Deputy Director-General Mr. Mig Moreno (leftmost), Senior Officer Ms. Abby […]
New Zealand Representative in Taiwan Calls on CACCI Secretariat
Mr. Mark Pearson, Director, New Zealand Commerce and Industry Office in Taipei (center), visited the CACCI Secretariat headquarters on June 6 and met with CACCI Director-General Mr. David Hsu (2nd from left) and other Secretariat officers Deputy Director-General Mr. Amador Honrado (3rd from right), Deputy Director-General Mr. Mig Moreno (leftmost), Senior Officer Ms. Abby Moreno (rightmost), and Senior Officer Ms. Teresa Liu (2nd from right).
The meeting provided the Secretariat the opportunity to give Mr. Pearson a brief introduction on CACCI and the participation of the New Zealand Chamber of Commerce and Industry (NZCCI) and the Wellington Chamber of Commerce (WCC) in CACCI activities over the years, as well as the upcoming activities that CACCI is co-organizing with the two chambers for the rest of the year. Mr. Pearson expressed his strong support for CACCI and offered his assistance in promoting the Confederation’s programs to enhance regional economic cooperation.
CACCI Profile – May edition available
We are pleased to announce that the May 2023 issue of CACCI Profile is now available. Please click here to read or download. This month’s issue features updates from President Peter McMullin on his recent Presidential Visits to Taiwan and Vietnam, and participation in CoNGO’s RCAP meeting in Bangkok, Thailand. Additionally, the newsletter features the […]
We are pleased to announce that the May 2023 issue of CACCI Profile is now available. Please click here to read or download.
This month’s issue features updates from President Peter McMullin on his recent Presidential Visits to Taiwan and Vietnam, and participation in CoNGO’s RCAP meeting in Bangkok, Thailand. Additionally, the newsletter features the latest news from Member Chambers, along with a wide range of articles relevant to business and trade.
It is our ardent hope that this monthly publication is useful to you and your work, and enables you to know more about the CACCI, our members, and their activities.
If you wish other members of your organization to receive a copy of the CACCI Profile, please send us their names, titles/positions, and email addresses through cacci@cacci.biz
We would also appreciate receiving your comments on how we can further improve the CACCI Profile in terms of its format and contents.
If you have any articles you wish to share with our members, you are welcome to send these to us, with accompanying photos if possible, through cacci@cacci.biz.
Philippines looks on resumption of FTA talks with EU
The Philippines is pursuing the resumption of free trade negotiations with the European Union (EU), Philippine Trade Secretary Alfredo Pascual has announced. During a meeting, Pascual told members of the EU-ASEAN Business Council (EU-ABC) about his country’s intention to return to the negotiating table over the Philippines-EU Free Trade Agreement (FTA). Pascual said an FTA […]
Philippines looks on resumption of FTA talks with EU
The Philippines is pursuing the resumption of free trade negotiations with the European Union (EU), Philippine Trade Secretary Alfredo Pascual has announced.
During a meeting, Pascual told members of the EU-ASEAN Business Council (EU-ABC) about his country’s intention to return to the negotiating table over the Philippines-EU Free Trade Agreement (FTA).
Pascual said an FTA with the EU will help the Philippines secure additional duty-free market access and provide a conducive framework for attracting more significant investments from the EU.
He also highlighted the government’s efforts to facilitate international partnerships and collaboration through the recently-ratified Regional Comprehensive Economic Partnership (RCEP) agreement that will encourage foreign direct investment inflows.
“I’d like to reemphasize our growth strategy centered around enhancing trade and investment.
Our objective is to foster job creation and poverty reduction by uplifting the global position of our export sectors and driving investments into strategic areas,” Pascual said.
The EU-ABC, a major voice of European businesses in the Association of Southeast Asian Nations (ASEAN) region, comprises nine European Chambers of Commerce in South-East Asia and major European multinational corporations across multiple sectors such as manufacturing, services, healthcare and logistics.
Xinhua
CACCI VP Khurram Tariq Sayeed calls on TAITRA President
Khurram Tariq Sayeed, Vice President Confederation of Asia Pacific Chambers of Commerce & Industry (CACCI) and Former Vice President of the Federation of Pakistan Chamber of Commerce and Indutry (FPCCI) along with Pakistan Delegates & DG CACCI David Hsu called on Simon Wang, CEO & President of the Taiwan External Trade Development Council (TAITRA), […]
CACCI VP Khurram Tariq Sayeed calls on TAITRA President
CACCI VP Khurram Tariq Sayeed, along with Pakistan Delegates & CACCI DG CACCI David Hsu with TAITRA CEO & President Simon Wang in Taipei
Khurram Tariq Sayeed, Vice President Confederation of Asia Pacific Chambers of Commerce & Industry (CACCI) and Former Vice President of the Federation of Pakistan Chamber of Commerce and Indutry (FPCCI) along with Pakistan Delegates & DG CACCI David Hsu called on Simon Wang, CEO & President of the Taiwan External Trade Development Council (TAITRA), at his office in Taipei on May 19.
The two discussed in detail various initiatives TAITRA has taken over the years to increase bilateral trade between Taiwan and Pakistan. TAITRA and FPCCI have also signed a MOU for cooperation in the past. Mr. Wang said that TAITRA will be sending a delegation of Taiwanese businesspersons to Pakistan shortly and Mr. Sayeed assured him that FPCCI will facilitate and extend all possible cooperation to the delegates. The two sides also discussed the possibility of participation of Pakistani businesspersons in the trade shows being held in Taiwan under TAITRA.
CACCI Elected Member of the Steering Committee of CoNGO’s Regional Committee for Asia-Pacific
The Confederation of Asia-Pacific Chambers of Commerce and Industry (CACCI) has recently joined as member of the Steering Committee of the Regional Committee for Asia Pacific (RCAP) of the Conference on Non-Government organizations (CoNGO), an international organization of NGOs from around the world with Consultative Status under the United Nations, of which CACCI is a […]
CACCI Elected Member of the Steering Committee of CoNGO’s Regional Committee for Asia-Pacific
The Confederation of Asia-Pacific Chambers of Commerce and Industry (CACCI) has recently joined as member of the Steering Committee of the Regional Committee for Asia Pacific (RCAP) of the Conference on Non-Government organizations (CoNGO), an international organization of NGOs from around the world with Consultative Status under the United Nations, of which CACCI is a member.
RCAP elected CACCI to the Steering Committee during RCAP’s meeting on May 19, 2023 in Bangkok, Thailand. RCAP recognized CACCI’s very important work in the Asia-Pacific Region and its acknowledged status in civil society and business circles, and of course its positive responses to RCAP initiatives.
Currently composed on nine members (with CACCI as the latest one to join), the RCAP aims to facilitate Asia-Pacific NGOs’ participation in all UN and CoNGO activities globally and regionally. It will cooperate with UN.ESCAP and other UN bodies and agencies in Asia and the Pacific. It will promote better cooperation among CoNGO members as well as other civil society organizations in Asia-Pacific.
FPCCI Members Visit CACCI Secretariat
Members of the delegation from the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) who joined the CACCI Presidential visit to Taiwan held on May 17-18 called on the CACCI Secretariat on May 19. Headed by CACCI Vice President Mr. Khurram Sayeed, the Pakistani businessmen met with the Secretariat officers and staff led by […]
Members of the delegation from the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) who joined the CACCI Presidential visit to Taiwan held on May 17-18 called on the CACCI Secretariat on May 19. Headed by CACCI Vice President Mr. Khurram Sayeed, the Pakistani businessmen met with the Secretariat officers and staff led by Director-General David Hsu and were given a briefing on CACCI and its activities and explored possible areas where they can cooperate with and get support from the Secretariat in seeking business opportunities with other CACCI members.
CACCI VP Khurram Tariq Sayeed meets with Former President of Pakistan
Mr. Asif Ali Zardari, Former President of Pakistan and Co-Chairman of the Pakistan People’s Party recently paid a visit to the Lahore office of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI). Khurram Tariq Sayeed, CACCI Vice President and former FPCCI Vice President, briefed the former president on CACCI and its activities. […]
CACCI VP Khurram Tariq Sayeed meets with Former President of Pakistan
Khurram Tariq Sayeed, receives Mr. Asif Ali Zardari on his arrival at FPCCI Lahore office
Mr. Asif Ali Zardari, Former President of Pakistan and Co-Chairman of the Pakistan People’s Party recently paid a visit to the Lahore office of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI). Khurram Tariq Sayeed, CACCI Vice President and former FPCCI Vice President, briefed the former president on CACCI and its activities. They also discussed in detail the issues being faced by foreign investors in general and in particular in the Sindh Province, especially in the Renewable Energy Sector among others. Former President assured to resolve all issues impending investments in the Sindh province.
STUF United Fund and CACCI Secretariat discuss joint projects
Representatives of STUF United Fund led by CEO Mr. John Lin (4th from left) visited the CACCI Secretariat on March 28 2023 to discuss with CACCI Director-General Mr. David Hsu (3rd from left) and other CACCI executives the possible support of CACCI for the NGO Leadership Forum that they propose to organize in Taiwan in […]
STUF United Fund and CACCI Secretariat discuss joint projects
Representatives of STUF United Fund led by CEO Mr. John Lin (4th from left) visited the CACCI Secretariat on March 28 2023 to discuss with CACCI Director-General Mr. David Hsu (3rd from left) and other CACCI executives the possible support of CACCI for the NGO Leadership Forum that they propose to organize in Taiwan in September 2023.
Mr. Lin informed Mr. Hsu that they plan to invite as Keynote Speaker for the Forum Mr. Liberato Bautista, President of the Conferences of NGOs with Consultative Status in UN ECOSOC (CoNGO). Just like CACCI, STUF United Fund has Consultative Status in the UN ECOSOC and is a member of CoNGO. It was established in 2009 as a US-registered nonprofit organization that supports international charity work.
The organization focuses on the areas of Disaster Relief, Culture and Education, Public Health, and Environmental Protection. STUF aims to create sustainable changes through connecting and working with NGO/NPO (non-government organization, nonprofit organization), government departments, UN agencies, and the corporate sector. STUF’s charity work has been in 5 continents, 32 countries.
Young Entrepreneurs YEGAP newsletter available
CACCI is pleased to announce the release of the 23rd edition of Asia-Pacific Entrepreneur, the newsletter of the Young Entrepreneurs Group of of Asia-Pacific (YEGAP) under the chairmanship of Mr. Mangesh Lal Shrestha from Nepal. We hope that this edition– and the future ones– will continue to serve as an effective platform for an exchange […]
CACCI is pleased to announce the release of the 23rd edition of Asia-Pacific Entrepreneur, the newsletter of the Young Entrepreneurs Group of of Asia-Pacific (YEGAP) under the chairmanship of Mr. Mangesh Lal Shrestha from Nepal.
We hope that this edition– and the future ones– will continue to serve as an effective platform for an exchange of information among young entrepreneurs in the region.
If you wish to contribute articles or other materials that can be published in the next newsletter, you may send them through the CACCI Secretariat’s e-mail address at cacci@cacci.biz
Empowering Women, Empowering Economies: The Vital Role of Social Entrepreneurship
By Anna Marie Periquet My entrepreneurial journey has been full of opportunities to learn from others and share my experiences as an entrepreneur. It was therefore truly a privilege to be invited to speak on corporate social responsibility to a group of women social entrepreneurs who are making a difference in their communities through their […]
Empowering Women, Empowering Economies: The Vital Role of Social Entrepreneurship
By Anna Marie Periquet
My entrepreneurial journey has been full of opportunities to learn from others and share my experiences as an entrepreneur. It was therefore truly a privilege to be invited to speak on corporate social responsibility to a group of women social entrepreneurs who are making a difference in their communities through their innovative entrepreneurial endeavors.
Women social entrepreneurs play a crucial role in promoting social wellness and creating positive change in society. As they focus on improving the lives of marginalized communities, their work can have a significant impact on the well-being of individuals and society as a whole. I was inspired to hear success stories of women social entrepreneurs who have overcome challenges and achieved success in their ventures. Their stories highlight the positive impact that social entrepreneurs can have on wellness and its many dimensions.
Empowering social enterprises is vital for achieving sustainable economic growth and development. In recent years, social entrepreneurship has emerged as a powerful tool for promoting women’s empowerment and economic participation.
However, there are various obstacles that hinder women’s economic participation and entrepreneurship, including cultural and financial barriers. This highlights the need for policies and initiatives that address these barriers and create a conducive environment for women’s economic empowerment.
Every day, somewhere in the world, women social entrepreneurs are breaking the glass ceiling and defying the odds. While some of these women make headlines for their extraordinary achievements, many others work tirelessly behind the scenes, driving change and inspiring others without any recognition.
Regardless of the level of attention they receive, these women are trailblazers who challenge the status quo and pave the way for a more inclusive and equitable society. Their determination and resilience have a profound impact on other women, empowering them to pursue their dreams and defy the limitations imposed by society.
Through their actions, they are changing the narrative and proving that anything is possible with hard work, determination, and unwavering commitment. I would therefore like to extend my utmost respect to successful women social entrepreneurs who have not only created jobs, driven innovation but also made valuable contributions to their local economies.
As we recognize the vital role of women’s social entrepreneurship, it is crucial to acknowledge and celebrate their remarkable achievements. The impact of women’s social entrepreneurship on our economies has never been more crucial, and we owe it to these inspiring women for paving the way for a more equitable and sustainable future.
Thank you to the Miriam College – Henry Sy, Sr. Innovation Center (MC-HSSIC) for inviting me to impart insights on my journey as an entrepreneur and advocate for social responsibility.
Always. Believe and Live.
Anna Marie Periquet is an independent advisor and value creator for corporate brand reputation, communications, corporate social responsibility, and corporate wellness in the Philippines and Asia Pacific region. She is the Founder of Believe&Live, an advocacy for health and wellness in the workplace. She is also the founder and former chairman of the Young Entrepreneurs Group of Asia Pacific (YEGAP) of the CACCI.
CACCI Profile – April edition available
CACCI is pleased to announce that the April 2023 issue of CACCI Profile is now available. Please click HERE to read or download. This month’s issue features CACCI’s newest member: the Singapore Manufacturing Federation (SMF). It also features President Peter McMullin’s latest meeting with the Chairman of KADIN in Jakarta, and the recently concluded CACCI webinar on […]
CACCI is pleased to announce that the April 2023 issue of CACCI Profile is now available. Please clickHERE to read or download.
This month’s issue features CACCI’s newest member: the Singapore Manufacturing Federation (SMF). It also features President Peter McMullin’s latest meeting with the Chairman of KADIN in Jakarta, and the recently concluded CACCI webinar on Cross-Border Digital Skilling. Additionally, the newsletter features the latest news from Member Chambers, along with a wide range of articles relevant to business and trade.
It is our ardent hope that this monthly publication is useful to you and your work, and enables you to know more about the CACCI, our members, and their activities.
If you wish other members of your organization to receive a copy of the CACCI Profile, please send us their names, titles/positions, and email addresses through cacci@cacci.biz
We would also appreciate receiving your comments on how we can further improve the CACCI Profile in terms of its format and contents.
If you have any articles you wish to share with our members, you are welcome to send these to us, with accompanying photos if possible, through cacci@cacci.biz.
Women Entrepreneur Council Newsletter available
CACCI is pleased to share the 26th Volume of CACCI Women Entrepreneur Council Newsletter, it is available to view or download here. We hope that this publication will serve as an effective platform for an exchange of information among the tourism sector in the CACCI region. Members are, therefore, encouraged to contribute articles for our future […]
CACCI is pleased to share the 26th Volume of CACCI Women Entrepreneur Council Newsletter, it is available to view or download here.
We hope that this publication will serve as an effective platform for an exchange of information among the tourism sector in the CACCI region. Members are, therefore, encouraged to contribute articles for our future issues. Kindly forward your materials, preferably with accompanying photos to teresaliu@cacci.biz.
Successful Trade Finance Training held in Hanoi and HCMC
The Institute of Information Technology for Business under Vietnam Chamber of Commerce and Industry (ITB-VCCI) organized two training sessions on various international trade and finance topics taught by Pavel Andrle, long term expert of ICC (International Chamber of Commerce) commissions on banking and commercial law and practice. The training sessions were sponsored by CACCI. Each session […]
Successful Trade Finance Training held in Hanoi and HCMC
The Institute of Information Technology for Business under Vietnam Chamber of Commerce and Industry (ITB-VCCI) organized two training sessions on various international trade and finance topics taught by Pavel Andrle, long term expert of ICC (International Chamber of Commerce) commissions on banking and commercial law and practice. The training sessions were sponsored by CACCI.
Each session consisted of one full day and one half day course held in two different Vietnamese cities. The first session was held on April 17 and 18, 2023 in Hanoi, and the second session was held on April 19 and 20, 2023 in Ho Chi Minh City. The ITB-VCCI hosted training gathered mostly exporters, importers, traders, also bankers and specialists working in other related fields such as logistics, tax, customs and law.
As observed by Mr. Nguyen Ngoc Khiem – Vice Director of ITB/VCCI: “We are pleased that our long term cooperation with CACCI and ICC trainer Pavel Andrle continues. We had again great success, more than 60 participants in Hanoi and 110 participants in Ho Chi Minh City attended the course! It is wonderful that we could make it again as in-person event which makes it interactive. Participants particularly liked the focus on practical issues and real business scenarios. Recently, some vietnamese exporters suffered significant difficulties which might have been arguably prevented if the proper analysis of risks in the transaction was done and right decisions/measures were taken. The continuing learning and updating is a must and we are glad to be able to pass some of the knowledge to our members.“
First Day
The very comprehensive course was focused on main payment methods used in international trade, i.e. payment in advance, on open account terms and by a documentary credit or documentary collection. Pavel Andrle, the trainer, informed participants about risks from perspectives of users: exporters and importers. Many mistakes, errors and mishandling issues were discussed which was particularly well received by the audience. Participants very appreciated the opportunity to learn how to avoid problems in their daily business transactions. The first part of the course also included topics such as financing methods based on documentary credits (discounting, post-financing, UPAS credits, negotiation).
Afternoon session of the first full day course then covered receivable finance and its various techniques such as factoring, invoice discounting, supply chain financing.
The last part was devoted to security instruments, i.e. demand guarantees and standby letters of credit. Trainer highlighted importance of understanding technical terms of the instruments, above all differences between demand (independent) guarantees and standbys and accessory ones (suretyships). The proper wording of a suitable instruments is the key to success. Detailed technical knowledge is a must for any user of such instruments to be well protected. ICC rules bring a lot of certainly and clearity to where otherwise quite murky practices might prevail.
Second Day
The second half day course addressed the practical impact of the most recent revision of Incoterms, i.e. Incoterms 2020. Despite the fact that there are only a few substantial changes in these ICC rules on trade terms, the new publication brings more clarity to some previously debated issues (e.g. proper use of DAT term) and makes the rules easier to read and understand.
New Incoterms 2020 change the scope of the insurance coverage which the seller is to arrange for the buyer under CIP (ie. more extensive coverage Institute Cargo Clauses A or its equivalent is needed now) and also rename and extend the intended scope of usage for the previously used term DAT, now DPU. Incoterms 2020 also brought in a new option for FCA when the seller needs a shipped on board bill of lading (e.g. in case a documentary credit is used as the means of payment for the delivery of the goods). Evidently, a request for a shipped on board bill of lading does not match the seller´s delivery obligations under FCA, however, at least, the new opinion in Incoterms 2020 gives the seller a clear right to claim the bill of lading from the buyer (who is in turn obligated to instruct the carrier to issue the bill of lading to the seller).
Mr. Pavel Andrle, who is ICC certified expert on Incoterms 2020, explained all eleven trade terms with main focus on choosing and describing the relevant documentation. Documents requested (e.g. by the documentary credit) often do not match the seller´s delivery obligation under the chosen Incoterm which creates significant risks for the seller or the buyer. One needs to know and take measures to minimise relevant risks.
The training course was a success given the large number of participants and the active participation of the audience that raised many relevant questions. Above all, various case studies and stories of what went wrong resonated with the audience. To know how to conduct international transactions properly is a must to minimize risks and thus avoid significant losses.
Prevention is better than cure!
CACCI webinar on Cross-Border Cooperation in Digital Skilling and Innovation held April 18, 2023
The Foundation for Commerce and Culture Interchange (FCCI), the Computer Skills Foundation (CSF) Taiwan, and the National Institute of Electronics & Information Technology (NIELIT) India and CACCI held the webinar “Cross-Border Cooperation in Digital Skilling and Innovation” on April 18, 2023. Cooperation across countries in training for digital skilling and innovation has become a global […]
CACCI webinar on Cross-Border Cooperation in Digital Skilling and Innovation held April 18, 2023
The Foundation for Commerce and Culture Interchange (FCCI), the Computer Skills Foundation (CSF) Taiwan, and the National Institute of Electronics & Information Technology (NIELIT) India and CACCI held the webinar “Cross-Border Cooperation in Digital Skilling and Innovation” on April 18, 2023.
Cooperation across countries in training for digital skilling and innovation has become a global trend and is fast becoming a necessity. In the Asia-Pacific region, the standards for ICT skills are set per country, with certifications provided by national organizations. There are no regional or international standards currently in place.
The recently concluded webinar discussed what the current standards are for digital skills across different countries, and what can be done to facilitate cross-border skilling by addressing the following questions:
Who is offering the services and programs in this area?
What are the current issues being encountered?
What can enterprises do to improve the recruitment of a digitally skilled workforce?
How can we bridge the digital divide in education and improve digital literacy?
How can we enable digital skilling and innovation on a regional or international level?
Moderated by Dr. Dennis Hu, Chair of CACCI’s Asian ICT Council and President of FCCI, the webinar featured as speakers Dr. J.B. Xiao, Secretary-General of CSF; Ms. Alison Wall, Chief of Staff of Australia’s Digital Skills Organization (DSO); Dato Palani, Chair of the ASEAN Future Workforce Council based in Malaysia; and Sh. Subhanshu Tiwari, Executive Director of NIELIT replacing NIELIT Director General Dr. Madan Mohan Tripathi, whio cold not join at the last minute due to another urgent matter)
The speakers each gave a 10- to 12-minute presentation introducing their respective organizations and detailing their capacities and services. This was followed by a panel discussion that featured panelists from the business or enterprise side, including Mr. George Abraham, Chair of CACCI’s SME Development Council; Mr. Charly Gordon, Global Policy Lead for the International Chamber of Commerce (ICC), and Ms. Charmaine Leong, President of the Philippine Young Entrepreneurs Association (PYEA). The panel discussed the needs of digital skills for development in the Asia-Pacific region, programs for strengthening digital skills and innovation, and mutual recognition of digital skills for talents and HR in Asia, among other issues.
The presentation files were available only to registered participants.
The video recording of the webinar can also be viewed at the CACCI Youtube Channel.
Governor of Pakistan’s KPK Province calls on CACCI VP Khurram Tariq Sayeed
The Governor of Khyber Pakhtunkhwa (KPK) Province of Pakistan, Hon. Haji Ghulam Ali visited the residence of the late business leader & former Vice President of CACCI, Mr. Tariq Sayeed, during his Adnan Jalil. Mr. Khurram Tariq Sayeed, CACCI Vice President and former Vice President of FPCCI, welcomed the Governor along with prominent business […]
Governor of Pakistan’s KPK Province calls on CACCI VP Khurram Tariq Sayeed
The Governor of Khyber Pakhtunkhwa (KPK) Province of Pakistan, Hon. Haji Ghulam Ali visited the residence of the late business leader & former Vice President of CACCI, Mr. Tariq Sayeed, during his Adnan Jalil. Mr. Khurram Tariq Sayeed, CACCI Vice President and former Vice President of FPCCI, welcomed the Governor along with prominent business leaders and FPCCI office bearers.
Mr. Sayeed congratulated Hon. Haji Ghulam Ali for assuming the charge as Governor of KPK and hoped that the province will progress under his able leadership. The Governor, in turn, paid great tribute to late Tariq Sayeed and attributed much of his success to his leadership. He also congratulated Khurram Tariq Sayeed on assuming his charge as Vice President CACCI.
Later, the Governor also visited the office of Mr. Khurram Tariq Sayeed at FPCCI. Mr. Sayeed briefed the Governor about CACCI and its objectives and emphasized that Pakistan must create a conducive environment for regional trade. He asked the Governor to play a role in the resumption of trade with India, starting with essential items.
In the end, Mr. Sayeed thanked the Hon. Governor for his visit and presented him with a CACCI memento.
President Lennon Tan Represents SMF in the CACCI Council
With its recent admission as the newest Primary Member of CACCI, the Singapore Manufacturing Federation (SMF) has gained a seat in the CACCI Council, the governing body of the Confederation, where it is represented by SMF President Mr. Lennon Tan. The Council is composed of heads and/or duly designated representatives of Primary Members and the […]
President Lennon Tan Represents SMF in the CACCI Council
With its recent admission as the newest Primary Member of CACCI, the Singapore Manufacturing Federation (SMF) has gained a seat in the CACCI Council, the governing body of the Confederation, where it is represented by SMF President Mr. Lennon Tan. The Council is composed of heads and/or duly designated representatives of Primary Members and the incumbent president of CACCI.
Mr. Tan is the Group Chairman of ADERA Global. He started his career as an engineer in the Petrochemical industry before spending 10 years with the American multinational 3M. In 2001, he decided to pursue his dream of being an entrepreneur.
After taking a small smart card manufacturing business in China, he tapped on technology and innovation to transform the manufacturing outfit into the top 10 global smart card producers in the world, and thereafter transforming the company’s capabilities to lead in the fields of artificial intelligence, biometric authentication, automation, fintech and data analytics, supporting major sectors ranging from banks, insurance, government, healthcare, telecommunications and transport worldwide.
The group was awarded ASEAN Business Award Overall Winner for Priority Integration Sector (ICT) in 2018. In 2016, Mr. Tan was awarded ASEAN Teochew Entrepreneur Award and in 2017, he was named EY Entrepreneur of the Year (Financial Technology Enablement) from global professional services firm Ernst & Young. He is also President of the Teochew Entrepreneurs Club, sits on the judging panel of Women Entrepreneur Awards, and serves as advisor to the Women Entrepreneur Club.
With about 5,000 corporate members, comprising SMEs, MNCs and Affiliate Members, the SMF is the largest national organisation representing the interests of manufacturing and manufacturing-related industries in Singapore since 1932. It is considered a forefront trade federation serving the manufacturing community by driving digitalisation, innovation-led productivity, business transformation and internationalisation towards enhancing the competitiveness of its member companies.
CACCI and The Good Business Foundation sponsor the Asia-Pacific Mediation Competition
The Good Business Foundation (GBF) and Confederation of Asia-Pacific Chambers of Commerce and Industry (CACCI) have recently announced that they are Principal Partners of the 7th annual Asia-Pacific Commercial Mediation Competition (APCMC). The APCMC is co-hosted by the Australian Disputes Centre and the International Chamber of Commerce. This year, the competition will be held online […]
CACCI and The Good Business Foundation sponsor the Asia-Pacific Mediation Competition
The Good Business Foundation (GBF) and Confederation of Asia-Pacific Chambers of Commerce and Industry (CACCI) have recently announced that they are Principal Partners of the 7th annual Asia-Pacific Commercial Mediation Competition (APCMC). The APCMC is co-hosted by the Australian Disputes Centre and the International Chamber of Commerce. This year, the competition will be held online from 26 – 28 August 2023.
An initiative of Peter McMullin AM in 2018, the APCMC reflects the objectives and the values of GBF and CACCI and creates a unique opportunity for university students to practice their negotiation skills in a commercial mediation setting; an essential area of dispute resolution in international commercial law.
The APCMC seeks to empower tomorrow’s business leaders and legal minds, equipping them with skills to better meet the dispute resolution needs of international commerce in an expanding and increasingly complex marketplace. Through this competition, students learn to effectively combine the use of negotiation strategies, mediation and collaborative problem-solving skills to successfully represent their client’s interests and seek settlement.
The Competition acts as a regional preliminary round to the ICC International Commercial Mediation Competition, held annually at the ICC Global Headquarters in Paris, France. There is a cash prize and reserved place in the prestigious Paris Competition 2023 for the winning team from the ADC-ICC regional event. In addition, all finalists and prize winners are eligible for an internship opportunity with the Australian Disputes Centre to further their learning.
The aims of the Competition are to:
Create an exceptional opportunity for students to showcase their negotiation skills in a commercial mediation environment.
Develop students’ skills in collaborative commercial problem solving, analytical judgement and persuasion.
Connect aspiring students to strong professional networks.
Teams are drawn from leading Universities in Australia, Asia, the South Pacific, Africa, Middle East and the Americas, with support provided by international mediators and lawyers who volunteer to support the students’ learning.
We warmly welcome University teams and professional volunteers from across the CACCI region to participate in this international competition.
For student participants, the competition is open to all undergraduate Business, Law and Social Science students and are under 30 years of age. More information can be found HERE.
APCMC participants can expect:
A chance to win a reserved place to compete in the 19th Annual ICC Mediation Competition in 2024, the world’s largest moot exclusively devoted to international commercial mediation
A cash prize for the winning team
Internship opportunities for all APCMC award winners
Access to a series of live webinars presented by leading practitioners on negotiation, mediation and the importance of wellness to prepare our APCMC participants for the competition ahead
Invitation to numerous exciting networking events to meet other students and ADR professionals
The opportunity to make connections both locally and internationally
Direction and feedback from distinguished judges and mentors to improve students’ negotiation skills in the context of a mediation that is mediated by a professional mediator
The opportunity to participate in multiple networking and fun activities such as the Impromptu Speech Competition!
Intrigued to see the competition in action? You can watch the APCMC 2022 Grand Final at the APCMC website HERE.
Teams comprise of 2 – 4 university students, and your university may enter more than one team, competition rules are available through this link.
If you are interested in being a part of this fantastic educational opportunity, please RegisterHERE.
CACCI Newsletter on Food and Agriculture available
Taipei – We are pleased to share with you the 19th Volume of CACCI Food & Agriculture Newsletter. It is available to view or download HERE. We hope that this publication will serve as an effective platform for an exchange of information among the tourism sector in the CACCI region. Members are, therefore, encouraged to contribute […]
CACCI Newsletter on Food and Agriculture available
Taipei – We are pleased to share with you the 19th Volume of CACCI Food & Agriculture Newsletter. It is available to view or download HERE.
We hope that this publication will serve as an effective platform for an exchange of information among the tourism sector in the CACCI region. Members are, therefore, encouraged to contribute articles for our future issues. Kindly forward your materials, preferably with accompanying photos to teresaliu@cacci.biz.
Thank you, and with best regards.
Sincerely yours,
David Hsu Director-General
CACCI
CACCI Tourism newsletter available
Taipei – CACCI is pleased to inform all members that the 26th Volume of CACCI Tourism Newsletter is available for download HERE. We hope that this publication will serve as an effective platform for an exchange of information among the tourism sector in the CACCI region. Members are, therefore, encouraged to contribute articles for our future issues. […]
Taipei – CACCI is pleased to inform all members that the 26th Volume of CACCI Tourism Newsletter is available for download HERE.
We hope that this publication will serve as an effective platform for an exchange of information among the tourism sector in the CACCI region. Members are, therefore, encouraged to contribute articles for our future issues. Kindly forward your materials (preferably with accompanying photos) to teresaliu@cacci.biz.
Thank you, and with best regards.
Sincerely yours,
David Hsu Director-General
CACCI
37th CACCI Conference in Phnom Penh on October 30-31, 2023
This year’s 37th CACCI Conference will be held in Phnom Penh, Cambodia on October 30-31, with the Cambodia Chamber of Commerce as the host organization. The Cambodian Chamber is currently deciding on the venue for the conference. The Conference theme and topics, program, and speakers are also still being discussed and will be finalized at […]
37th CACCI Conference in Phnom Penh on October 30-31, 2023
This year’s 37th CACCI Conference will be held in Phnom Penh, Cambodia on October 30-31, with the Cambodia Chamber of Commerce as the host organization.
The Cambodian Chamber is currently deciding on the venue for the conference. The Conference theme and topics, program, and speakers are also still being discussed and will be finalized at a later date. CACCI President Mr. Peter McMullin AM has said that suggestions from the host chamber, member chambers, and the Office of the CACCI President cover a wide range of relevant topics, and will be taken into consideration during planning discussions.
During the CACCI Planning Committee Meeting held on March 16, H.E. Oknha Nguon Mengtech, Director-General of the Cambodia Chamber of Commerce, said that it was an honor for the Cambodia Chamber of Commerce to once again host a CACCI Conference, after several years since the last time it organized an annual gathering of CACCI in 2004. He pointed out that the Chamber is happy to host the 2023 event following its successful hosting of the ASEAN meetings in 2022. He added that he and the Chamber looked forward to once again meeting and welcoming the officers and members of CACCI for the 37th CACCI Conference.
37th CACCI Conference
30 – 31 October 2023, Phnom Penh, Cambodia (As of Luly 25, 2023)
30 October 2023
09:00am-17:00pmRegistration
09:00am – 10:15amParallel Breakout Sessions
Group One
I. Asian ICT Council on“Envision the Future of AI”
Suggested Speakers:
(1) Desmond Tay, Managing Director of GUUD Pte. Ltd., and Council Member of Singapore Manufacturing Federation (SMF)
(2) Charles Huang, Vice President, Taipei Computer Association (tbc)
(3) Graeme Muller, CEO, NZTech (tbc)
(4) Oliver Tien, Chief Adviser, Asia Pacific Assistive Robotics Association, Singapore (tbc)
Session Chairman: Dr. Dennis Hu, President, Foundation for Commerce and Culture Interchange
II. Asian Council on Food and Agriculture on “Food Security and Access: Ensuring Equitable and Sustainable Food Systems”
02:00pm-02:45pm Policy Advocacy Working Group Meeting
02:45pm-04:45pmDiscover Business Opportunities Through CACCI
Invited presenters: JCCI, SMF, PNGCCI, Cambodia CC
04:45pm-6:00pm Business Matching Sessions
07:00pm-09:30pmWelcome Reception/Dinner
CACCI internal meetings (not open to the public):
02:45pm-03:45pm Advisory Board Meeting
03:45pm-04:45pm Budget Commission Meeting
05:00pm-06:30pm 97th CACCI Council Meeting
31 October 2023
“Chambers of Commerce – Helping Businesses Get SET for the Future”
(S) Sustainability is critical for SMEs to gain a competitive advantage in today’s market, to be able to manage business risks, grow their brand and enhance their access to capital. According to the OECD, SMEs collectively contribute to over 50% of global Greenhouse Gas emissions from business globally. The majority of SME owners are concerned about the impacts of climate change but they need help to make this transition. Chambers can offer this support to current and potential new members looking to decarbonise their businesses and contribute to a sustainable economy.
(E) Entrepreneurship and particularly inclusive entrepreneurship supports people with new ideas to solve some of our most entrenched challenges. By supporting entrepreneurs embrace new technologies, include and support diverse groups of entrepreneurs and allow for innovation to flourish we will see new business models emerge to move us toward a truly just economy.
(T) Trade supportis a critical service Chambers provide to the business community. Trade not only helps business supply the world with the goods and services we all desire, it also builds and maintains cross border relationships. Chambers offer a range of services including mediation, ease of doing business by digitising processes as well as connecting SMEs through networking and business matching opportunities. Through this work Chambers are truly strengthening global multilateralism and in-turn global peace.
09:00-10:00Opening Ceremony
Welcome Remarks by: Neak Okhna Kith Meng
President, Cambodia Chamber of
Commerce
Welcome Statement by: Peter McMullin AM
President, CACCI
Suggested Keynote Speakers:
Minister of Commerce of Cambodia
10:00am – 10:15amCoffee Break
10:00am – 10:30amPress Conference
10:30am – 11:30am Plenary Session 1
SUSTAINABILITY: Developing Clean and Renewable Energy
for a Greener World
This session will feature speakers who will share their views on how to ensure a sustainable supply of renewable energy, improve access to modern energy services, identify possible areas of regional cooperation to achieve a clean energy integration to build a greener world, and how chambers can play the role as a voice of change at COP28 in Dubai.
Suggested Speakers
Dr. Alireza Yavari, Deputy President for International Affairs, ICCIMA
Mr. Khurram Sayeed, CEO, Planet Energy Pvt Ltd., Vice President, CACCI
Narin Shahrokhi Kabir
Dr. Muhammad Khazaei, Secretary-General, ICC-Iran
Moderator:
Gyanendra Lal Pradhan, Chairman, Asian Council on Water, Energy, and Environment (ACWEE)
11:30am – 12:30pm Plenary Session 2
ENTREPRENEURSHIP:Driver for Regional Economic
Growth
Discussion will focus on how to promote the entrepreneurial spirit in the region – particularly young and women entrepreneurs – through, for instance, mentorship and access to capital and markets, in order to make them effective and sustained contributors to the economic growth of their respective communities and the national and regional economy as a whole.
Suggested Speakers:
Diana Tjoeng, Asia Regional Manager for Good Return(Impact Fund, Cambodia) (Topic: Access to Capital)
Michael Lee Chair, Membership and Partnership Alliance Committee, YEGAP, and CEO, CreBiz Factory
Sudha Shivkumar President, FICCI Ladies Organisation (Topic: Women Entrepreneurs)
Nunki Juniarti, ICC Centre of Entrepreneurship Jakarta
Mrs. Mukta Nandini Jain, Chairman, CACCI Women Entrepreneurs Council
SHE Investments (Cambodia Women Groups) (Topic: Inclusive entrepreneurship)
Suggested Moderator:
Mangesh Lal Shrestha, Immediate Past Chairman, CACCI Young Entrepreneurs Group of Asia Pacific (YEGAP);Global Vice President (Growth & Artificial Intelligence) at Frost & Sullivan,
12:45pm – 02:15pm Lunch
02:30pm – 03:45pm Plenary Session 3
TRADE:Helping Businesses Become Global Trade Players
Invited speakers will elaborate on their thoughts and ideas on how to assist businesses, particularly the SMEs which comprised majority of chambers’ constituencies, adequately equipped to participate in the international market through, for instance, digital transformation, mediation and dispute resolution capability, and labor mobility and skills development to meet new business and market demands.
Suggested Speakers
Deborah Lockhart, Chief Executive Officer, Australian Disputes Centre(Topic: Mediation/Dispute Resolution)
Mr. James Shi Chu, Secretary General, Chinese National Association of Industry and Commerce (CNAIC), Taiwan
Mr. Irfan Iqbal Sheikh, President, Federation of Pakistan Chambers of Commerce and Industry (FPCCI)
Ullas Marar, Global Programme Manager at the ICC Centre of Entrepreneurship (CoEs). (Suggested topic: ICC’s Digital Export Enablement Program (DEEP) running across ASEAN countries and supported by Google)
Dato Palani, Chair, ASEAN Future of Work Council (“Labour mobility and skills development to meet new business demands”
Dennis Hu, President, Foundation for Commerce and Culture Interchange; Chairman, CACCI ICT Council
Representative from the Department of Foreign Affairs and Trade of
Australia (Topic: Digitization of SMEs: Experience from Fiji)
Suggested Moderator:
Sheikh Fazle Fahim, CACCI Vice President and Former President, FBCCI
03:45pm – 04:00pm Coffee Break
04:00pm – 05:15pmPlenary Session 4
CEO FORUM: Development Challenges and Opportunities
in the Asia-Pacific Region
Company CEOs and business leaders will be invited to share their insights on what they think are the development challenges and opportunities faced by the region, including – but not limited to – food safety and security, tourism, supply chain resilience, climate change, cooperation in healthcare, the impact of the ongoing Russia-Ukraine conflict, and China’s economic growth,
Suggested Speakers:
Jemal Inaishvili, President Emeritus, CACCI and Former CEO, Poti Sea Port
Samir Modi, Immediate Past President of CACCI’ Executive Director, Modi Enterprises
Lennon Tan, President, Singapore Manufacturing Federation
John Denton AO, Secretary General, ICC WCF
Su-Wei Chang, President, TMY Technology
Nola Watson, President, Australian Chamber of Commerce and Industry
Suggested Moderator:
Peter McMullin AM, President, CACCI
06.00pmGala Dinner
1 November 2023
Optional Post-Conference City-Tour
Departure of delegates
CACCI Profile – March edition available
CACCI is pleased to announce that the March 2023 issue of CACCI Profile is now available. Please click HERE to read or download. This month’s issue includes updates from CACCI President Mr. Peter McMullin AM on his recent activities. It also features the recently concluded CACCI Planning Committee meeting, during which some details of this […]
CACCI is pleased to announce that the March 2023 issue of CACCI Profile is now available. Please click HERE to read or download.
This month’s issue includes updates from CACCI President Mr. Peter McMullin AM on his recent activities. It also features the recently concluded CACCI Planning Committee meeting, during which some details of this year’s 37th CACCI Conference were discussed and decided.
Additionally, the newsletter features the latest news from Member Chambers, along with a wide range of articles relevant to business and trade.
It is our ardent hope that this monthly publication is useful to you and your work, and enables you to know more about the CACCI, our members, and their activities.
If you wish other members of your organization to receive a copy of the CACCI Profile, please send us their names, titles/positions, and email addresses through cacci@cacci.biz
We would also appreciate receiving your comments on how we can further improve the CACCI Profile in terms of its format and contents.
If you have any articles you wish to share with our members, you are welcome to send these to us, with accompanying photos if possible, through cacci@cacci.biz.
Successful Nepal Business Outlook webinar
The Confederation of Asia-Pacific Chambers of Commerce and Industry (CACCI) held the webinar on Nepal Business Outlook on March 24 , 2023 in association with the Federation of Nepalese Chambers of Commerce and Industry (FNCCI). Organized as part of the webinar series on “Discover Business Opportunities with CACCI”, the FNCCI session featured Mr. Manoj Paudel, […]
The Confederation of Asia-Pacific Chambers of Commerce and Industry (CACCI) held the webinar on Nepal Business Outlook on March 24 , 2023 in association with the Federation of Nepalese Chambers of Commerce and Industry (FNCCI). Organized as part of the webinar series on “Discover Business Opportunities with CACCI”, the FNCCI session featured Mr. Manoj Paudel, a young entrepreneur and economist currently serving as the Co-Chair of the International Investment Promotion Committee at FNCCI.
SUMMARY
The one-hour webinar was moderated by Mr. Pradeep Kumar Shrestha, Managing Director of the Panchakanya Group, and currently CACCI Vice President. CACCI President Mr. Peter mcMullin AM delivered the Welcome Remarks.
Starting with a description of the FNCCI, its services, and its role in the Nepalese economy, Mr. Paudel then proceeded to introduce Nepal’s key economic statistics so that the audience could understand the current macroeconomic conditions of Nepal.
According to Mr. Paudel, Nepalese economic growth is emerging from the sudden economic slowdown of 2020 due to the pandemic, a drastic experience that negatively impacted most countries of the region as well.
He pointed out that nowadays, Nepal projects a high rate of growth for the next couple of years led by hydropower, tourism, industrial manufacturing, agriculture, mining, services, and information technology and communication.
Mr. Paudel also explained how the country’s FDI legal framework has evolved since its inception in 1950 to today’s, when the government has created active contact windows, even in collaboration with FNCCI to facilitate foreign investment in Nepal.
He noted that Nepal’s major imports currently are refined oil, semi-finished iron, and mineral fuels among many other products. On the other side, Nepal’s major exports are animals and vegetable fats, oils and waxes, textiles, coffee, tea and spices, etc..
Mr. Paudel indicated that the business outlook for Nepal is good based on the increasing flow of FDI during the decade prior to the pandemic. While the pandemic adversely impacted FDI flows, the figures are expected to return to high levels.
Furthermore, Mr. Paudel argued that the key selling points making Nepal a profitable investment are Nepal’s strategic location, 100% ownership in almost all sectors, including companies’ ownership of land, and 100% repatriation of investment which also allows for the repatriation of 75% of the employee’s salary.
In conclusion, Mr. Paudel recommended that foreign investors take advantage of FDI Help Desk which has been set up to facilitate investments in Nepal.
Mr. Paudel’s comprehensive and highly informative presentation was followed by a lively Q&A discussion with the audience.
The presentation (in PDF format) was distributed to registered participants only.
The video recording of the webinar can also be viewed at the CACCI Youtube Channel
CACCI holds Virtual Planning Committee Meeting
Members of the 2023 CACCI Planning Committee led by CACCI President Mr. Peter McMullin AM met virtually on March 16, 2023 at 4:30 PM, Taipei Time to discuss preparations for the 37th CACCI Conference to be hosted by Cambodia Chamber of Commerce in the latter part of 2023. A total of 29 delegates from seven […]
Members of the 2023 CACCI Planning Committee led by CACCI President Mr. Peter McMullin AM met virtually on March 16, 2023 at 4:30 PM, Taipei Time to discuss preparations for the 37th CACCI Conference to be hosted by Cambodia Chamber of Commerce in the latter part of 2023.
A total of 29 delegates from seven countries attended the Meeting, including representatives from Australia, Cambodia, India, Japan, South Korea, the Philippines, Turkey, and Taiwan.
In his Opening Remarks, H.E. Oknha Nguon Mengtech, Director-General of the Cambodia Chamber of Commerce, said that it was an honor for the Cambodia Chamber of Commerce to once again host a CACCI Conference, after several years since the last time it organized an annual gathering of CACCI in 2004. He pointed out that the Chamber is happy to host the 2023 event following its successful hosting of the ASEAN meetings in 2022. He said he and the Chamber looked forward to once again meeting and welcoming the officers and members of CACCI for the 37th CACCI Conference.
CACCI President Mr. Peter McMullin AM joined Director-General Mengtech in thanking the meeting participants for joining the discussions, pointing out that their presence demonstrated their continued commitment to the Confederation.
Following discussions during the meeting, the planning committee decided to hold the 37th CACCI Conference on October 30-31 in Phnom Penh, Cambodia. The Cambodian Chamber initially proposed two venues for the conference: Sofitel and Sokha Hotel. The Committee requested Cambodia Chamber to decide which of the two hotels should be the venue, and to advise the Committee of its decision later.
A discussion was also carried out on the theme and topics for this year’s conference. Taking into consideration the suggestions from the host chamber as well as member chambers FICCI, FPCCI, FNCCI, and the Office of the CACCI President, Mr. McMullin noted the wide range of relevant topics and said these will be discussed later offline, and members will be advised as soon as the final theme and topics are agreed upon. Similarly, speakers and the conference program will be finalized at a later date.
Following the conference planning, CACCI Director-General Mr. David Hsu reported to the Committee the recent and upcoming activities and programs of CACCI for 2023, which include CACCI Presidential Visits, Investment Forums, and webinars on CPTPP and digital skilling, among others.
CACCI Secretariat Visits Indonesian Representative Office in Taipei
CACCI Secretariat executives headed by Director-General Mr. David Hsu called on key officers of the Indonesian Economic and Trade Office to Taipei (IETO) led by Head of Investment Ali Fauzi and Director of Investment Bayu Nugroho on March 28, 2023. During the meeting, IETO officers briefly described the main tasks and functions of its various […]
CACCI Secretariat Visits Indonesian Representative Office in Taipei
CACCI Secretariat executives headed by Director-General Mr. David Hsu called on key officers of the Indonesian Economic and Trade Office to Taipei (IETO) led by Head of Investment Ali Fauzi and Director of Investment Bayu Nugroho on March 28, 2023. During the meeting, IETO officers briefly described the main tasks and functions of its various departments. For their part, the visiting CACCI executives introduced the objectives of CACCI and its activities to promote regional cooperation, and cited the active role played by KADIN Indonesia in achieving CACCI’s objectives. They also offered the assistance and resources of CACCI in promoting the activities and programs of IETO not just in Taiwan but in other countries in the region, including those major trade and investment exhibitions being held in Indonesia and elsewhere in Asia-Pacific and beyond.
YEGAP is partner organization for FIN Portugal boutique networking event in Braga
YEGAP is pleased to be a partner organization for FIN Portugal, a boutique networking event organized by the Young Entrepreneurs Association Portugal-China (AJEPC). The 7th edition of FIN Portugal is set to take place at Altice Forum Braga in Braga, Portugal from June 1-2, 2023. It will bring together a series of activities that promote […]
YEGAP is partner organization for FIN Portugal boutique networking event in Braga
YEGAP is pleased to be a partner organization for FIN Portugal, a boutique networking event organized by the Young Entrepreneurs Association Portugal-China (AJEPC).
The 7th edition of FIN Portugal is set to take place at Altice Forum Braga in Braga, Portugal from June 1-2, 2023. It will bring together a series of activities that promote networking and knowledge sharing, such as conferences with international speakers, workshops, business matching meetings, plus a Networking Cocktail, and Gala Dinner.
FIN is part of a larger project that connects four continents in a yearly cycle: Latin America (FIN Brasil, Florianópolis, Brazil – 28th and 29th of March), Africa (Luanda, Angola – April 20th and 21st and Maputo, Mozambique – May 5th), Europe (Braga, Portugal – June 1st and 2nd), Asia (Macao, China – October 17th and 19th to 22nd).
This project, promoted since 2017 by AJEPC, is focused on creating a continuous network connection between continents, allowing all participants to expand their network and businesses. The project takes different forms according to the territories in which it operates, always maintaining the same focus – networking.
The Portugal event focuses on making connections with a highly motivated team that promotes the meeting between supply and demand and that is always available to collaborate with participants in the pre-event so that the days of the event can run as smoothly as possible with maximum results. The focus is on the quality of the participants and the high-level connections made with the goal of increasing the participants’ business or institutional networks.
After online and hybrid editions to face the pandemic restrictions, the 2023 edition will only be in person, to maximize the connections created between participants.
Prices start at €225 Participant tickets, which include 1 participant badge, access to the Exhibition Area, access to the Seminar Area, access to Business Matching Meetings, access to Workshops, access to Company Presentation slot, Networking Cocktail, and Gala Dinner.
Exhibitor tickets, meanwhile, are priced at €380 and include 1 exhibitor badge, 1 exhibition counter at the Exhibition Area, access to the Seminar Area, access to Business Matching Meetings, access to Workshops, access to Company Presentation slot, Networking Cocktail, and Gala Dinner. Individual and extra tickets for the Gala Dinner and Networking Cocktail are also available for purchase.
Registrations can be made on the FIN Portugal website HERE.
For more information please visit the following links:
Governor Sindh unveils “Tariq Sayeed Avenue” to honor late CACCI VP
On March 13, 2023 in Karachi, Pakistan, the Honorable Governor Sindh Muhammad Kamran Khan Tessori accompanied by Karachi Administrator Dr. Saifur Rehman, FPCCI President Irfan Iqbal Sheikh, Senior Vice-President Suleman Chawla, CACCI Vice-President Khurram Tariq Sayeed, Akhtar Tessori, Special Assistant to CM Sindh Pir Noorullah Qureshi, and Jam Kaim Ali unveiled “Tariq Sayeed Avenue” […]
Governor Sindh unveils “Tariq Sayeed Avenue” to honor late CACCI VP
On March 13, 2023 in Karachi, Pakistan, the Honorable Governor Sindh Muhammad Kamran Khan Tessori accompanied by Karachi Administrator Dr. Saifur Rehman, FPCCI President Irfan Iqbal Sheikh, Senior Vice-President Suleman Chawla, CACCI Vice-President Khurram Tariq Sayeed, Akhtar Tessori, Special Assistant to CM Sindh Pir Noorullah Qureshi, and Jam Kaim Ali unveiled “Tariq Sayeed Avenue” at an impressive ceremony held at FPCCI Karachi Office.
Former FPCCI Presidents and Vice-Presidents, Diplomats, a large number of FPCCI members, businessmen, industrialists, and media personalities also participated in the commemorative ceremony.
Khurram Tariq Sayeed thanked Governor Sindh & Administrator Dr. Rehman for honoring lifelong services of his father, Late Tariq Sayeed, a former CACCI Vice-President, to the Pakistani business community.
During the ceremony honoring Late Tariq Sayeed’s achievements, the Governor highlighed Mr. Tariq Sayeed’s selfless dedication to serve the entire business community of Pakistan and fearless defence of the business sector. The current FPCCI President Irfan Iqbal Sheikh thanked the Sindh Administration for honoring Late Tariq Sayeed for his exemplary services to the business community for more than 5 decades.
CACCI Executives pay courtesy call to Vietnam representative office in Taiwan
CACCI Executives led by Director-General Mr. David Hsu, former Director-General Mr. Ernest Lin, and Deputy Director-General Mr. Amador Honrado paid a courtesy call to the representative office of Vietnam in Taipei in March 14 2023, ahead of a planned CACCI Presidential Visit to Hanoi in May. Mr. Hsu took the opportunity to introduce CACCI – […]
CACCI Executives pay courtesy call to Vietnam representative office in Taiwan
CACCI Executives led by Director-General Mr. David Hsu, former Director-General Mr. Ernest Lin, and Deputy Director-General Mr. Amador Honrado paid a courtesy call to the representative office of Vietnam in Taipei in March 14 2023, ahead of a planned CACCI Presidential Visit to Hanoi in May.
Mr. Hsu took the opportunity to introduce CACCI – as well as the Asian Bankers Association (ABA) – to Mr. Dung and the active participation of Vietnam Chamber of Commerce and Industry (VCCI) and Vietnamese banks in CACCI and the ABA, respectively. He sought the assistance of Mr. Dung in facilitating the implementation of CACCI’s and ABA’s activities that may be held in Vietnam (e.g., Presidential visits, annual Conferences, etc.) in the future.
Mr. Dung was joined in the meeting by Mr. Vu Van Cuon, Head of Commercial Division, and Mr. Le Quang Tuan Assistant to Representative / In-Charge of Investment.
Kowloon Chamber officers visit CACCI Secretariat
A delegation from the Kowloon Chamber of Commerce (KCC) paid a visit to the offices of the CACCI Secretariat on March 13, 2023 during a recent trip to Taipei. KCC is CACCI’s Primary Member from Hong Kong. Leading the delegation was current KCC chairman Mr. Ernest Yuen Ka Lok, one of CACCI’s Vice Presidents. He was […]
A delegation from the Kowloon Chamber of Commerce (KCC) paid a visit to the offices of the CACCI Secretariat on March 13, 2023 during a recent trip to Taipei. KCC is CACCI’s Primary Member from Hong Kong.
Leading the delegation was current KCC chairman Mr. Ernest Yuen Ka Lok, one of CACCI’s Vice Presidents. He was joined by former KCC Chairman Mr. Conrad Lee along with several others.
During their visit, CACCI Director-General Mr. David Hsu and Deputy Director-General Mr. Amador Honrado talked about upcoming CACCI activities, specifically the virtual Investment Forum series that spotlights CACCI member countries. Mr. Yuen expressed interest in taking part in the series and elaborating on the economic and investment climate in Hong Kong. Hong Kong will now join the current lineup, which thus far includes a session featuring Nepal in March, the Philippines in June, and New Zealand in the latter half of the year.
CACCI Trade Facilitation newsletter available now
We are pleased to send you herewith the Tenth Volume of the newsletter published by the Asian Council on Trade Facilitation under the Chairmanship of Mr. R. B. Rauniar. This issue (click HERE to download) features articles on Azerbaijan and Qatar boosting their trade links, Chinese investing in Mongolia to facilitate trade with Rusia, ASEAN […]
We are pleased to send you herewith the Tenth Volume of the newsletter published by the Asian Council on Trade Facilitation under the Chairmanship of Mr. R. B. Rauniar.
This issue (click HERE to download) features articles on Azerbaijan and Qatar boosting their trade links, Chinese investing in Mongolia to facilitate trade with Rusia, ASEAN continuous efforts to facilitate trade, Tehran hosting Russian trade missions, and India boosting trade with the USA.
There are other reports from Malaysia, Philippines, Taiwan, about WTO compliance and geopolitical trade complications generated by the Ukranian war.
We hope that this publication will provide you with adequate information about the latest advances in trade facilitation among countries in the Asia Pacific region.
Members are encouraged to contribute articles for our future issues. Kindly forward your materials (preferably with accompanying photos) to mig.moreno@cacci.biz.
CACCI SME newsletter available now
CACCI is pleased to share with its members and friends the Twelfth Volume of the Newsletter of the SME Development Council under the Chairmanship of Mr. George Abraham. This issue (click HERE to download) features articles on Australia’s sanctions guidance for SMEs and changes in SME financing procedures; Azerbaijan’s recent policy to increase SME funding; […]
CACCI is pleased to share with its members and friends the Twelfth Volume of the Newsletter of the SME Development Council under the Chairmanship of Mr. George Abraham.
This issue (click HERE to download) features articles on Australia’s sanctions guidance for SMEs and changes in SME financing procedures; Azerbaijan’s recent policy to increase SME funding; Bangladesh’s continued support for SMEs in many areas; and on India’s digitalization drive to reach SMEs.
There are also news about Malaysia’s SMEs, Turkey’s SMEs, Vietnam’s measures to finance SMEs, and Singapore’s national budget boosting SMEs, among many other important news from the region.
This edition shows that the road ahead for SMEs in the region is positive after being negatively impacted by the Covid-19 pandemic.
Members are encouraged to contribute articles for our future issues. Kindly forward your materials (preferably with accompanying photos) to mig.moreno@cacci.biz
CACCI President encourages Entrepreneurship in Bogota
CACCI President Peter McMullin AM had the pleasure to meet with Gabriel Petrus on the morning of March 1, 2023 in Bogota to discuss how entrepreneurship can play a key role in social, environmental and economic prosperity. For President McMullin, the nurturing of the entrepreneurial spirit is a foundational reason for his CACCI Presidency. His […]
CACCI President encourages Entrepreneurship in Bogota
CACCI President Peter McMullin AM had the pleasure to meet with Gabriel Petrus on the morning of March 1, 2023 in Bogota to discuss how entrepreneurship can play a key role in social, environmental and economic prosperity.
For President McMullin, the nurturing of the entrepreneurial spirit is a foundational reason for his CACCI Presidency. His father started a dry cleaning store in Smith Street, Fitzroy in Australia which expanded into a multinational business in the Spotless Group.
President McMullin AM strongly believe that given the right opportunities, entrepreneurs from all over the world can show us what #goodbusiness can and should look like.
Proposed CACCI Joint Seminars on “International Trade Terms” for 2023
CACCI plans to organize this year, in cooperation with interested Primary and Affiliate Members, 4 different one-day seminars on International Trade Terms 2020 (Incoterms 2020) and related themes as described below. The four proposed programs are: (1) New Revision of the International Trade Terms (one day) DOWNLOAD (2) Developments in Demand Guarantees and […]
Proposed CACCI Joint Seminars on “International Trade Terms” for 2023
CACCI plans to organize this year, in cooperation with interested Primary and Affiliate Members, 4 different one-day seminars on International Trade Terms 2020 (Incoterms 2020) and related themes as described below.
The four proposed programs are:
(1) New Revision of the International Trade Terms (one day) DOWNLOAD
(2) Developments in Demand Guarantees and Standby L/C World (one day) DOWNLOAD
(3) Advanced Seminar in Incoterms 2020 and their Linkage to Documentary Credits (one day) DOWNLOAD
(4) Advanced Seminar on Payment and Security Instruments in Foreign Trade, Trade Finance (one day) DOWNLOAD
In this regard, CACCI would like to know whether member Chambers are interested in hosting the proposed seminars under a cost-sharing arrangement as outlined in the Annex 1.
As the Incoterms 2020 have been applicable since January 1, 2020, being familiar with all changes and their impact is a must in the international trade and finance world. By attending the seminars, participants will be able to: (1) get a further understanding on the main aspects of contract of sale, related risks, main problematic issues; (2) familiarize themselves with trade terms as per Incoterms and above all with new revision Incoterms 2020 – their practical impact on international trade and finance; and (3) learn about the relationship of payment terms to trade terms – Incoterms 2020.
The four draft programs of the proposed seminars can be downloaded. Interested chambers may choose either two programs or combine the four programs for the two-day seminars.
The seminars will be conducted by Mr. Pavel Andrle, who is Secretary to the Banking Commission of ICC Czech Republic as well as Member of UCP 600 Consulting Group.
Please let CACCI know if your Chamber is interested to host the proposed seminars under the proposed cost-sharing arrangements by filling this Response Form and returning it to CACCI through our Fax No.: (886 2) 2760-7569 or e-mail: cacci@cacci.biz by March 17, 2023.
CACCI Profile – February edition available
CACCI is pleased to announce that the February 2023 issue of CACCI Profile is now available. Please click here to read or download. This month’s issue includes a new section called President’s Update, through which Mr. Peter McMullin AM keeps members posted about the activities and goals he is currently undertaking as CACCI President. It […]
CACCI is pleased to announce that the February 2023 issue of CACCI Profile is now available. Please click here to read or download.
This month’s issue includes a new section called President’s Update, through which Mr. Peter McMullin AM keeps members posted about the activities and goals he is currently undertaking as CACCI President. It also features the announcement and details of the first Presidential Visit to Taipei, Taiwan and Hanoi, Vietnam scheduled this May. Additionally, the newsletter features the latest news from Member Chambers, along with a wide range of articles relevant to business and trade.
It is our ardent hope that this monthly publication is useful to you and your work, and enables you to know more about the CACCI, our members, and their activities.
If you wish other members of your organization to receive a copy of the CACCI Profile, please send us their names, titles/positions, and email addresses through cacci@cacci.biz
We would also appreciate receiving your comments on how we can further improve the CACCI Profile in terms of its format and contents.
If you have any articles you wish to share with our members, you are welcome to send these to us, with accompanying photos if possible, through cacci@cacci.biz.
CACCI VP calls on Pakistan’s Federal Minister of Commerce
On February 18th, 2023, a delegation led by Mr. Khurram Tariq Sayeed, CACCI Vice President & Former Vice President of FPCCI, recently called on the Federal Minister of Commerce of Pakistan, Mr. Syed Naveed Qamar. Mr. Sayeed briefed the Commerce Minister that CACCI is a powerful and influential non-governmental organisation composed of the National Chambers […]
CACCI VP calls on Pakistan’s Federal Minister of Commerce
On February 18th, 2023, a delegation led by Mr. Khurram Tariq Sayeed, CACCI Vice President & Former Vice President of FPCCI, recently called on the Federal Minister of Commerce of Pakistan, Mr. Syed Naveed Qamar.
Mr. Sayeed briefed the Commerce Minister that CACCI is a powerful and influential non-governmental organisation composed of the National Chambers of 25 countries of Asia & the Western Pacific region that has been granted consultative status under the United Nations. CACCI’s objective is to cut across national boundaries to link Asia- Pacific businesspersons and promote the economic growth of its member countries; which account for 40% of the World population & 20% of the world’s GDP and has a trade volume of US$ 11 Trillion.
CACCI Vice President Mr. Khurram Tariq Sayeed (right) presents a memento from CACCI to Mr. Syed Naveed Qamar, Federal Minister for Commerce of Pakistan.
Mr. Sayeed emphasized that Pakistan must create a conducive environment for regional trade, stating that no country can flourish without it. He cited examples of successful regional blocks like the EU, ASEAN & NAFTA, and recommended to resume trade with India starting with essential items. He also stressed the need to introduce renewable energy projects to reduce the import bill and basket price of energy, as well as restore investor confidence by removing the CVT on foreign assets to boost foreign investment & remittances.
In the end, Mr. Sayeed thanked the Commerce Minister for meeting with the delegation and presented him with a memento from CACCI.
CACCI VP Shrestha Elected President of Nepal’s Biggest University Alumni Association
CACCI VP Shrestha Elected President of Nepal’s Biggest University Alumni Association – CACCI Vice President Mr. Pradeep Kumar Shrestha has recently been elected as President of the Tribhuvan University Alumni Association Nepal (TUAAN), Nepal’s biggest and oldest university Alumni Association. TUAAN is a social, non-political, non-profit voluntary organization of professionals who graduated from Tribhuvan University […]
CACCI VP Shrestha Elected President of Nepal’s Biggest University Alumni Association
CACCI VP Shrestha Elected President of Nepal’s Biggest University Alumni Association – CACCI Vice President Mr. Pradeep Kumar Shrestha has recently been elected as President of the Tribhuvan University Alumni Association Nepal (TUAAN), Nepal’s biggest and oldest university Alumni Association. TUAAN is a social, non-political, non-profit voluntary organization of professionals who graduated from Tribhuvan University (TU), a public university located in Kirtipur, Kathmandu. Established in 1959, TU is the oldest university in Nepal. In terms of enrollment, it is the 12th largest university in the world. The college offers 1000 undergraduate and 500 postgraduate programs across a wide range of disciplines.
Dr. Dennis Hu Named New Chairman of the CACCI ICT Council
The Asian Information and Communications Technology (ICT) Council, one of the Product and Service Councils established under the CACCI umbrella, has a new Chairman under the person of Dr. Dennis Hu. Dr. Hu is President of the Foundation for Commerce & Culture Interchange (FCCI), Taiwan and concurrently Senior Adviser of Taipei Computer Association (TCA), Taiwan. […]
Dr. Dennis Hu Named New Chairman of the CACCI ICT Council
The Asian Information and Communications Technology (ICT) Council, one of the Product and Service Councils established under the CACCI umbrella, has a new Chairman under the person of Dr. Dennis Hu. Dr. Hu is President of the Foundation for Commerce & Culture Interchange (FCCI), Taiwan and concurrently Senior Adviser of Taipei Computer Association (TCA), Taiwan. He replaces James Chiao, Chairman and CEO of SmartCities Consulting Technology Co. Ltd., who served the position for two years.
Dr. Yu established FCCI in 2010 for promoting international cooperation and collaboration in Smart++ industries development, i.e., Smart City, Smart Healthcare, Smart Agriculture, etc.
At TCA, where he has been connected since 1991, Dr. Hu has devoted and focused his efforts on international marketing, research of industry and technology tren d, and government ICT policies.
Dr. Hu initiated and joined many cross-border cooperation with India, Australia, China, Myanmar, Singapore, and New Zealand, among other countries. He has also been invited to be the Director-General in ADC 2.0 CSR Development Office which was initiated by Acer Group Funder Dr. Stan Shi for narrowing the digital divide in the APEC region.
YEGAP Executive Member from Japan Meets TWC and CACCI Secretariat
Mr. Hiromi Aoki, Member of the Executive Committee of CACCI’s Young Entrepreneurs Group of Asia-Pacific (YEGAP) (center), visited the CACCI Secretariat Office on February 7 2023 during his recent visit to Taipei. Mr. Aoki, who is President and Chief Executive Officer of Suntech Co. Ltd., was in Taipei on a business trip and took time […]
YEGAP Executive Member from Japan Meets TWC and CACCI Secretariat
Mr. Hiromi Aoki, Member of the Executive Committee of CACCI’s Young Entrepreneurs Group of Asia-Pacific (YEGAP) (center), visited the CACCI Secretariat Office on February 7 2023 during his recent visit to Taipei.
Mr. Aoki, who is President and Chief Executive Officer of Suntech Co. Ltd., was in Taipei on a business trip and took time to meet CACCI officers led by Director-General Mr. David Hsu (left) and Deputy Director-General Mr. Amador Honrado (right).
During their meeting, Mr. Aoki re-affirmed his strong of YEGAP and its activities and expressed his strong interest to take part in the upcoming events of both CACCI and YEGAP, including the proposed CACCI Presidential visits lined up for the year as well as the 2023 CACCI Conference and suggested he will organize a delegation from Japan YEG to join them as well.
Mr. Aoki also had the opportunity to meet up with Mr. Richard Lin, YEGAP Executive member from Taiwan, as well as with members of the Third Wednesday Club of Taipei.
CACCI Presidential Visits to Taiwan and Vietnam in May 2023 – Join in!
CACCI wishes to inform that CACCI President Mr. Peter McMullin AM is inviting all CACCI Officers and Members to join him in his planned Presidential visits scheduled to take place in May 2023 covering the following two cities: Taipei, Taiwan – May 17 – 18 Hanoi, Vietnam – May 22 – 23 The host chambers for […]
CACCI Presidential Visits to Taiwan and Vietnam in May 2023 – Join in!
CACCI wishes to inform that CACCI President Mr. Peter McMullin AM is inviting all CACCI Officers and Members to join him in his planned Presidential visits scheduled to take place in May 2023 covering the following two cities:
Taipei, Taiwan – May 17 – 18 Hanoi, Vietnam – May 22 – 23
The host chambers for the above two visits are: Taiwan – Chinese International Economic Cooperation Association (CIECA) and the Chinese National Association of Industry and Commerce (CNAIC) Vietnam – Vietnam Chamber of Commerce and Industry (VCCI).
The itinerary of the Taiwan Visit is present below and information about the recommended hotel, The Regent is available HERE.
The itinerary of the Vietnam Visit is also presented below and the information about the recommended hotel, The Duparc, is available HERE.
Both country visits are intended to give the CACCI President and members of his delegation the opportunity to gather first-hand information on the business situation in the host countries; further build up the image of CACCI by making courtesy calls on heads of state, economic ministers, and other high-ranking government officials to seek support for CACCI; and meet the top businessmen in the host countries, particularly those from industries or sectors that the host countries wish to promote.
The host chambers have been requested to arrange their respective programs for the visits. We will inform the proposed itinerary, along with other relevant information (e.g., hotel accommodation), as soon as these are available.
In the meantime, should you wish to meet with specific businessmen in any of the three host countries, visit specific local companies or organizations, or conduct specific activities during the trip, please let CACCI know so your request can be conveyed to the host chambers for their consideration.
CACCI encourages its members to join President McMullin on his upcoming visits to Taiwan and Vietnam, and take advantage of the opportunity not only to establish contacts with key representatives from the private and government sectors of these countries, but also to learn first-hand the business conditions and opportunities they offer.
CACCI Officers and Members can confirm their participation by filling out this Confirmation Form and returning it to CACCI through our Fax No. (886 2) 2760 7569 or e-mail at cacci@cacci.biz, preferably by March 31. Should you have further questions, please email to cacci@cacci.biz.
CACCI President Meets with YEGAP Officers
CACCI President Mr. Peter McMullin AM on February 8 2023 met online with YEGAP Chairman Mr. Mangesh Lal Shrestha from Nepal and YEGAP Vice Chairman Mr. Rommel Gerodias from the Philippines. Mr. McMullin AM congratulated YEGAP on its recent activities, particularly its strong participation in the 36th CACCI Conference held in Melbourne, Australia in November […]
CACCI President Mr. Peter McMullin AM on February 8 2023 met online with YEGAP Chairman Mr. Mangesh Lal Shrestha from Nepal and YEGAP Vice Chairman Mr. Rommel Gerodias from the Philippines.
Mr. McMullin AM congratulated YEGAP on its recent activities, particularly its strong participation in the 36th CACCI Conference held in Melbourne, Australia in November 2022. He said that during his Presidency, he would rely on YEGAP for CACCI activities that he hopes would ensure the long-term future of the Confederation. He indicated his intention to engage the young entrepreneurs in CACCI’s efforts to deal with issues and challenges faced by the business community and expressed his hopes that YEGAP members would take the leadership role in this regard.
Both Mr. Mangesh and Mr. Gerodias updated the CACCI President on the activities undertaken by YEGAP in the past year to restructure and revive the group in order to make it an effective venue for identifying suitable programs geared towards entrepreneurial development for young and start-up entrepreneurs. They also explained how they plan to widen the scope of YEGAP membership by also inviting young business leaders from countries other regions outside Asia-Pacific to become members, as well to participate more actively with the activities of other regional and international organizations such as the ICC WCF, the B20, and the ASEAN-BAC, among others.
CACCI Participates in 21st JBC Meeting
Representatives from CACCI led by President Peter McMullin AM and SME Development Council Chairman George Abraham attended the 21st Meeting of the Joint Business Councils (JBC) of the ASEAN Business Advisory Council (ASEAN-BAC) held virtually on January 24 2023. During the meeting, Mr. Abraham briefed the JBC members on the recent and upcoming activities of […]
Representatives from CACCI led by President Peter McMullin AM and SME Development Council Chairman George Abraham attended the 21st Meeting of the Joint Business Councils (JBC) of the ASEAN Business Advisory Council (ASEAN-BAC) held virtually on January 24 2023.
During the meeting, Mr. Abraham briefed the JBC members on the recent and upcoming activities of CACCI, including a summary report on the 36th CACCI Conference held in Melbourne, Australia. As an Associate Member of the JBC, CACCI is invited to participate in the series of JBC meetings usually held by the ASEAN-BAC, chaired this year by KADIN Indonesia, in preparation for the annual ASEAN Summit Meeting.
YEGAP Vice Chairman Meets up with CACCI Secretariat Executive
Mr. Rommel Gerodias, Vice Chairman of the Young Entrepreneurs Group of Asia-Pacific (YEGAP) (left), on January 23 2023, met up with with CACCI Deputy Director-General Mr. Amador Honrado (right), during the latter’s recent visit to Manila, Philippines. They discussed possible activities that Mr. Gerodias can undertake in 2023, especially in his capacity as YEGAP Vice […]
YEGAP Vice Chairman Meets up with CACCI Secretariat Executive
Mr. Rommel Gerodias, Vice Chairman of the Young Entrepreneurs Group of Asia-Pacific (YEGAP) (left), on January 23 2023, met up with with CACCI Deputy Director-General Mr. Amador Honrado (right), during the latter’s recent visit to Manila, Philippines.
They discussed possible activities that Mr. Gerodias can undertake in 2023, especially in his capacity as YEGAP Vice Chairman representing Southeast Asia, including recruitment of new YEGAP members from the region. Mr. Honrado also took the opportunity to give Mr. Gerodias additional YEGAP pins for his new recruits.
CACCI Vice President Khurram Tariq Sayeed calls on Consul General of Pakistan in Hong Kong
Khurram Tariq Sayeed, Vice President Confederation of Asia Pacific Chambers of Commerce & Industry (CACCI) & Former Vice President FPCCI called in January 2023 on the Consul General of Pakistan in Hong Kong Mr. Bilal Ahmad Butt at the Consulate General of Hong Kong, Special Administrative Region. Also present on the occasion was Mr. Ali […]
CACCI Vice President Khurram Tariq Sayeed calls on Consul General of Pakistan in Hong Kong
Khurram Tariq Sayeed, Vice President Confederation of Asia Pacific Chambers of Commerce & Industry (CACCI) & Former Vice President FPCCI called in January 2023 on the Consul General of Pakistan in Hong Kong Mr. Bilal Ahmad Butt at the Consulate General of Hong Kong, Special Administrative Region.
Also present on the occasion was Mr. Ali Awan, Trade Development Officer Pakistan Consulate, Hong Kong. Mr. Sayeed briefed the Consul General on the aims and objectives of CACCI and discussed various proposals to increase trade and investment among CACCI member countries particularly between Hong Kong & Pakistan.
He briefed the Consul General that CACCI’s objective is to cut across national boundaries to link Asian businesspersons and promote economic growth of member countries; which account for 40% of the World population & 20% of the world’s GDP. However; he pointed out that the share of Pakistan’s trade volume within CACCI member countries is quite low and Pakistan trade missions must play a more proactive role in shoring up trade volume by encouraging exchange of delegations and organizing trade shows.
He assured the Consul General that CACCI will facilitate and extend all possible co-operation to increase trade between Hong Kong & Pakistan.
CACCI Profile – January edition available
We are pleased to announce that the January 2023 issue of CACCI Profile is now available. Please click here to read or download. This month’s issue features the recent meeting between YEGAP Founder Ms. Anna Periquet and CACCI Deputy Director-General Amador Honrado. Additionally, the newsletter features the latest news from Member Chambers, along with a […]
We are pleased to announce that the January 2023 issue of CACCI Profile is now available. Please click here to read or download.
This month’s issue features the recent meeting between YEGAP Founder Ms. Anna Periquet and CACCI Deputy Director-General Amador Honrado. Additionally, the newsletter features the latest news from Member Chambers, along with a wide range of articles relevant to business and trade.
It is our ardent hope that this monthly publication is useful to you and your work, and enables you to know more about the CACCI, our members, and their activities.
If you wish other members of your organization to receive a copy of the CACCI Profile, please send us their names, titles/positions, and email addresses through cacci@cacci.biz
We would also appreciate receiving your comments on how we can further improve the CACCI Profile in terms of its format and contents.
If you have any articles you wish to share with our members, you are welcome to send these to us, with accompanying photos if possible, through cacci@cacci.biz.
Thank you for your kind attention, and we look forward to your continued support of the CACCI and its activities.
CACCI Secretariat Calls on Philippine Representative Office in Taipei
CACCI Director- General Mr. David Hsu (Left photo, left) calls on Members of the Board of Directors of the Manila Economic and Cultural Office (MECO) in Taipei led by Chairman and Chief Representative Atty. Silvestre H. Bello III in December 2022. Mr. Hsu introduced CACCI to Atty Bello and other MECO Board Members, highlighting […]
CACCI Secretariat Calls on Philippine Representative Office in Taipei
CACCI Director- General Mr. David Hsu (Left photo, left) calls on Members of the Board of Directors of the Manila Economic and Cultural Office (MECO) in Taipei led by Chairman and Chief Representative Atty. Silvestre H. Bello III in December 2022. Mr. Hsu introduced CACCI to Atty Bello and other MECO Board Members, highlighting the active role that the Philippine business community – through the Philippine Chamber of Commerce and Industry and its leaders and members – has played in the growth and the development of CACCI since its establishment in 1966. Atty. Bellow expressed interest in collaborating with CACCI and the Secretariat in pursuing trade and investment opportunities for the Philippines not just in Taiwan but also in other Asia-Pacific countries that are part of the CACCI membership.
Former CACCI Presidents given citations during Melbourne conference
Special citations were presented to former CACCI Presidents for their exemplary commitment to and continued involvement in the Confederation They were honored during the Gala Dinner of the 36th CACCI Conference held on November 29, 2022 in Melbourne, Australia. The honorees included the following: (1) A Distinguished Service Award was given to Mr. Kenneth W. […]
Former CACCI Presidents given citations during Melbourne conference
Special citations were presented to former CACCI Presidents for their exemplary commitment to and continued involvement in the Confederation They were honored during the Gala Dinner of the 36th CACCI Conference held on November 29, 2022 in Melbourne, Australia.
The honorees included the following:
(1) A Distinguished Service Award was given to Mr. Kenneth W. Court, outgoing Chairman of the CACCI Advisory Board, in recognition of his outstanding accomplishments during his tenure in CACCI in various capacities, including as CACCI President from 1988 to 1990, as CACCI President Emeritus since 2010, and as Chairman of the CACCI Advisory Board since 2013.
(2) The title of President Emeritus was conferred on former CACCI Presidents who have remained active in CACCI even after their term as President has ended. The conferees included:
Harvey Chang from Taiwan, who served as CACCI president from 2006 to 2010
Benedicto Yujuico from the Philippines, who served as CACCI President from 2010 to 2014
Jemal Inaishvili from Georgia, who served as CACCI President from 2014 to 2018
(3) Harvey Chang was also named the new Chairman of the CACCI Advisory Board for 2023-2024, taking over the position from Mr. Ken Court.
CACCI Profile – November edition available
CACCI is pleased to announce that the November 2022 issue of CACCI Profile is now available. Please click here to read or download. This month’s issue features CACCI President Samir Modi’s participation in the WCF General Council Meeting in Paris as well as Vice President Peter McMullin representing CACCI at the B20 Summit in Indonesia […]
CACCI is pleased to announce that the November 2022 issue of CACCI Profile is now available. Please click here to read or download.
This month’s issue features CACCI President Samir Modi’s participation in the WCF General Council Meeting in Paris as well as Vice President Peter McMullin representing CACCI at the B20 Summit in Indonesia . Additionally, the newsletter features the latest news from Member Chambers, along with a wide range of articles relevant to business and trade.
It is our ardent hope that this monthly publication is useful to you and your work, and enables you to know more about the CACCI, our members, and their activities.
If you wish other members of your organization to receive a copy of the CACCI Profile, please send us their names, titles/positions, and email addresses through cacci@cacci.biz
We would also appreciate receiving your comments on how we can further improve the CACCI Profile in terms of its format and contents.
If you have any articles you wish to share with our members, you are welcome to send these to us, with accompanying photos if possible, through cacci@cacci.biz.
Vice President McMullin Represents CACCI at the B20 Summit Indonesia
CACCI Vice President Mr. Peter McMullin from Australia attended the B20 Summit Indonesia 2022 held in Bali, Indonesia on November 13-14 representing CACCI. Organized by the Indonesian Chamber of Commerce and Industry, the two-day event brought together global business leaders to make policy recommendations to the G20 to address key challenges for businesses around the […]
Vice President McMullin Represents CACCI at the B20 Summit Indonesia
CACCI Vice President Mr. Peter McMullin from Australia attended the B20 Summit Indonesia 2022 held in Bali, Indonesia on November 13-14 representing CACCI. Organized by the Indonesian Chamber of Commerce and Industry, the two-day event brought together global business leaders to make policy recommendations to the G20 to address key challenges for businesses around the world. Known as the business arm of the G20, the B20 is the official G20 dialogue forum for the global business community.
The theme for this year’s Summit was ‘Advancing Innovative, Inclusive, and Collaborative Growth’. The B20 aims to achieve this through making policy recommendations to G20 countries on seven key policy areas, including trade and investment; energy, sustainability, and climate; digitalization; finance and infrastructure; future of work & education; integrity and compliance and women in business. Above photo shows Mr. McMullin (center) with members of the Australia-Indonesia Business Council.
CACCI Immediate Past President Modi calls on Singapore Manufacturers Federation
CACCI Immediate Past President Mr. Samir Modi called on Mr. Lennon Tan, President of the Singapore Manufacturers Federation (SMF) at the SMF headquarters in Singapore on November 22, 2023. He was accompanied by Mr. George Abraham, Chairman of the CACCI SME Development Council. Mr. Modi and Mr. Abraham briefed Mr. Tan and his colleagues […]
CACCI Immediate Past President Modi calls on Singapore Manufacturers Federation
CACCI Immediate Past President Mr. Samir Modi called on Mr. Lennon Tan, President of the Singapore Manufacturers Federation (SMF) at the SMF headquarters in Singapore on November 22, 2023.
He was accompanied by Mr. George Abraham, Chairman of the CACCI SME Development Council. Mr. Modi and Mr. Abraham briefed Mr. Tan and his colleagues on CACCI and its activities and encouraged them to take an active part in the various meetings, events and programs held by CACCI for the benefit of its member chambers and businessmen in the region as a whole.
B20 Indonesia Digitalization Task Force Issues Recommendations to Drive Global Growth
The Digitalization Task Force formed by B20 Indonesia issued a policy paper during that spelled out its recommendations to make digitalization as a major driver of global economic growth. The recommendations were formulated during the G20 – B20 dialogue forum held in July this year in Jakarta. The recommendations were made following a series of […]
B20 Indonesia Digitalization Task Force Issues Recommendations to Drive Global Growth
The Digitalization Task Force formed by B20 Indonesia issued a policy paper during that spelled out its recommendations to make digitalization as a major driver of global economic growth. The recommendations were formulated during the G20 – B20 dialogue forum held in July this year in Jakarta. The recommendations were made following a series of discussions held during the six months prior to the July forum.
In its policy paper, the Digitalization Task Force identified four main obstacles that contribute to the digital divide and prevent inclusive digital transformation.
These include:
Different levels of readiness hamper the ability of countries and businesses to utilize digitalization as a key driver for national building and economic development
The lack of digital infrastructure and literacy
Insufficient support for MSMEs digital transformation
Issues of cybersecurity and basic rights in digital era.
Considering all the hindrances mentioned above, the Task Force said it believes that digitalization is one of the world’s most pressing issues to tackle. Hence, it makes a strong case for the following four policy recommendations:
Drive university connectivity by ensuring future-proof connectivity for all, fostering universal access to participate in the digital economy and government services, ensuring inclusion and eliminating the digital divide
Basic foundations for sustainable and resilient digital economy by accelerating development of digital infrastructure
Ensure a digital-ready mindset for individuals and MSMEs, and enabling MSMEs through access to digital platform by fostering tech-enabled workforce and companies
Promote risk-based, interoperable, and technology-neutral cybersecurity standards and best practices that support companies’ efforts to protect their network, by defining cyber security protocols, promoting enhancement of cybersecurity practices and education to private users and companies, including MSMEs.
“The essence of our work as Indonesia’s B20 Digitalization Task Force is to ensure that digitalization could drive future growth while bridging the digital divide, which eventually leads to an inclusive digital transformation,” said Chair of B20 Indonesia Digitalization Task Force Ririek Adriansyah, who is also the President Director of PT Telkom Indonesia (Persero) Tbk (Telkom).
CACCI Secretariat officers attend Philippine Investment Forum in Taipei
Officers of the CACCI Secretariat led by Director-General Mr. David Hsu was invited to participate in the Philippine Investment Forum jointly organized by the Philippine Trade & Investment Center Taipei and the Board of Investments of the Philippines on October 24, 2022. Held at the Grand Ballroom of Marriott Hotel, the two-hour Forum featured high-level […]
CACCI Secretariat officers attend Philippine Investment Forum in Taipei
Officers of the CACCI Secretariat led by Director-General Mr. David Hsu was invited to participate in the Philippine Investment Forum jointly organized by the Philippine Trade & Investment Center Taipei and the Board of Investments of the Philippines on October 24, 2022.
Held at the Grand Ballroom of Marriott Hotel, the two-hour Forum featured high-level officials from relevant Philippine government agencies who made presentations on priority industries for investment in the Philippines that might be of interest to Taiwanese investors. Discussions focused mainly on the Science, Technology & Innovation (STI)-centered industrial policy of the Philippine Department pf Trade and Industry which aims to accelerate the development of globally competitive and innovative industries with strong linkages to domestic and global value and supply chains.
Representat8ives from the Philippine side were led by Atty. Silvestre H. Bello III, Chairman and Resident Representative, Manila Economic and Cultural Office (MECO); and Dr. Ceferino S. Rodolfo, Undersecretary, Industry Development and Trade Policy Group., Department of Trade and Industry (DTI), Managing Head, Board of Investments.
Representatives of two Taiwanese companies with operations in the Philippines were also present to give testimonials on their experience dealing with the Philippine government and the local workforce and the successes they achieved in their businesses in the country. These included Mr. Clement Yang, Chairman of Medtechs Group; and Mr. George Lien, Vice Chairman, Tong-An Asset, TECO Group.
CACCI Director-General Calls on Hungarian Trade Office in Taipei
Mr. Balázs Szabó, Investment and Trade Director at the Hungarian Trade Office in Taipei (2nd from left), and his Assistant Ms. Tamara Vér (left) warmly received CACCI Secretariat executives led by Director-General Mr. David Hsu (2nd from right) and Deputy Director-General Mr. Amador Honrado (right) on October 21, 2023 to discuss possible areas of […]
CACCI Director-General Calls on Hungarian Trade Office in Taipei
Mr. Balázs Szabó, Investment and Trade Director at the Hungarian Trade Office in Taipei (2nd from left), and his Assistant Ms. Tamara Vér (left) warmly received CACCI Secretariat executives led by Director-General Mr. David Hsu (2nd from right) and Deputy Director-General Mr. Amador Honrado (right) on October 21, 2023 to discuss possible areas of cooperation between the two organizations.
Mr. Hsu took the opportunity to introduce CACCI and the Asian Bankers Association (ABA) to Mr. Szabó and Ms. Ver, who both expressed interest in the activities of CACCI and ABA and the potential for the two organizations to help businessmen from Hungary and from CACCI member countries to connect with each other explore business opportunities in banking and other industry sectors. Mr. Hsu also informed the Hungarian trade officers of the upcoming Conferences of CACCI and ABA and encouraged them to participate. For his part, Mr. Szabó hinted on the possibility of organizing a forum for CACCI members to enable them to learn more about the market environment in Hungary.
Former FPCCI VP meets with Australian High Commissioner to Pakistan
Khurram Tariq Sayeed, Former Vice President & Focal Person of Federation of Pakistan Chamber of Commerce & Industry (FPCCI) to CACCI met with the Australian High Commissioner to Pakistan H.E. Neil Hawkins during his visit to Federation House. Mr. Sayeed briefed the High Commissioner on the upcoming visit of FPCCI high profile delegation to be […]
Former FPCCI VP meets with Australian High Commissioner to Pakistan
Khurram Tariq Sayeed, Former Vice President & Focal Person of Federation of Pakistan Chamber of Commerce & Industry (FPCCI) to CACCI met with the Australian High Commissioner to Pakistan H.E. Neil Hawkins during his visit to Federation House. Mr. Sayeed briefed the High Commissioner on the upcoming visit of FPCCI high profile delegation to be led by President FPCCI Mr. Irfan Iqbal Sheikh to Melbourne, Australia to attend the 36th Confederation of Asia Pacific Chambers of Commerce and Industry (CACCI) conference from 28th – 30th November 2022.
The High Commissioner assured FPCCI of his full support and co-operation in making the FPCCI trip a success and appreciated the efforts being undertaken by CACCI in promoting regional trade and investment among the CACCI member countries.
Various other proposals to increase trade and investment among CACCI member countries as well as bilateral trade between Pakistan and Australia came under discussion. The meeting was also attended by Senior Vice President FPCCI Suleman Chawla, Former President FPCCI Mian Anjum Nisar, Vice Presidents FPCCI Shabbir Hassan Mansha, Eng. M.A.Jabbar & Haji Yaqoob, Former Vice President & CACCI Budget Commission Member Sheikh Sultan Rehman & Saquib Fayyaz Maggo.
“Smart Solutions for Better Business: Is Your Enterprise Future-Ready?” held on October 4, 2022
The Confederation of Asia-Pacific Chambers of Commerce and Industry (CACCI), in cooperation with the Chinese International Economic Cooperation Association Taiwan (CIECA-Taiwan), the Importers and Exporters Association of Taipei (IEAT), and the Taiwan Smart Solutions Association (TSS), concluded a webinar on “Smart Solutions for Better Business: Is Your Enterprise Future-Ready?” on October 4, 2022. The webinar provided […]
“Smart Solutions for Better Business: Is Your Enterprise Future-Ready?” held on October 4, 2022
The Confederation of Asia-Pacific Chambers of Commerce and Industry (CACCI), in cooperation with the Chinese International Economic Cooperation Association Taiwan (CIECA-Taiwan), the Importers and Exporters Association of Taipei (IEAT), and the Taiwan Smart Solutions Association (TSS), concluded a webinar on “Smart Solutions for Better Business: Is Your Enterprise Future-Ready?” on October 4, 2022.
The webinar provided an introduction to the many categories of smart solutions and how these can be applicable and beneficial to various fields of business. Smart solutions purveyors also presented specific smart solutions and talked about successful case studies that utilized them.
SUMMARY REPORT
The 90-minute session was moderated by Herman Sameisky, a technical communicator and data analyst who has previously worked for Google and Amazon and currently serves as the International Director of the Taiwan Smart Solutions Association (TSS).
(1) James Chiao, Chairman of the Asian ICT Council at CACCI and the Smart Cities Committee at CIECA-Taiwan; Founding President of Taiwan Smart Solutions Association (TSS); and CEO of Smart Cities Consulting, Ltd, Co. talked about the COVID-19 Pandemic’s impact on and opportunities for businesses. He discussed the digital transformation of businesses, that it is about efficiency and adding value to the end-user. Companies are using digital transformation to deliver better customer experiences, better decision making, improve their efficiencies and create more personalized solutions to every need that customers have.
However, he also stressed that every business is different, and recommended a Smart Business Strategic Plan for anyone planning to transition. In particular, a project management office (PMO) must be established to facilitate public-private partnership, manage the data exchange platform, and plan, test and manage the testing fields. A customized stakeholders participation plan also needs to be developed to facilitate effective communication of the action plans among stakeholders.
James then went on to introduce the many categories of smart solutions, including the use of AI and machine vision in smart traffic enforcement, mobility, and parking; and applications in smart tourism, health, governance, disaster prevention, emergency management, education, and agriculture.
He further emphasized the potential of Taiwan’s smart solutions, and how glocalization is a win-win business model for international partnerships.
The session then delved into case studies of smart solutions for businesses.
(2) Joni Kuo, Chairman of Softfoundry International Pte Ltd., introduced FacePro “5G+AR Remote Xpert” Smart Service,” which enables experts to remotely guide on-site personnel with 4K ultra-high-definition video from the first perspective and conduct troubleshooting and maintenance, which not only improves maintenance efficiency and ensures safety, but also results in a sharing of expertise and technology.
FacePro’s Xpert system has application cases in various industries, including in manufacturing, aerospace, petrochemical, smart construction, and agriculture, among others.
According to Joni, there are four main challenges most enterprises face as a result of the COVID-19 pandemic: global competition, high cost of travel in terms of both time and money, shortage of experts, and unplanned downtime losses. Addressing these challenges, FacePro can deliver remote expert guidance, digital workflow, hands-free digital assist, visualization of industrial IoT data, and build a knowledge base.
She went on to recount several use case examples: 1) remote Cosco Shipping deployed FacePro for ship inspection, remote maintenance, shipbuilding and repairing, remote guidance and support, etc; 2) SK Innovation used the RCS system for its global manufacturing site; 3) Hyundai E&C used in smart construction; 4) Porsche China launched their new Remote Technical Support System (RTS) using the FacePro Xpert system.
(3) Mike Tsai, speaking on behalf of Healthcare Systems Consortium (HSC) CEO Shao-Jen Weng, focused on how hospitals and health systems are positioning their organizations for the future in a post-pandemic world, and the top 10 healthcare industry trends and innovations that impact healthcare companies worldwide.
HSC is a platform that allows hospitals, enterprises, research institutes, government agencies, and universities to exchange information and find opportunities for collaboration. Funded by Taiwan’s Ministry of Science and Technology, the platform helps match hospitals and enterprises based on their needs. HSC helps with resource optimization, and the use of lean medical technologies and smart technologies to solve hospital problems. They likewise help enterprises seek out which hospitals their products may be most needed by.
Hospitals in Taiwan are run under its National Health Insurance system, and usually have limited resources to improve conditions for their patients. Thus, they turn to smart solutions to help with management, monitoring resources, and avoiding problems such as overcrowding. In some instances, smart systems are also far more reliable and less time consuming, as in the case of the surgical instrument tracking system that uses machine learning or deep learning to account for the instruments and make sure they aren’t, for example, accidentally left inside a body during an operation.
In hospitals, a wide range of smart solutions can be integrated to provide better healthcare experiences. Despite the cost, the upgrade is usually deemed necessary for institutions to keep up with both competitors and the wider sector. However, Mike emphasized that there are also smaller smart technologies and products that may be put in place which will help save patients’ lives, and which may not require such a high cost to implement.
(4) Bruce King, Marketing Director of GoodLinker Co., Ltd., looked into the common barriers manufacturing SMEs face in reaching digital transformation to be smarter and more efficient. Over 90% of SMEs in Taiwan have yet to embrace digitization, and it’s usually due to three reasons: the prevalence of handwritten reports, old machines, and lack of IT talent. These all contribute to the lack of data collection and analysis, which is the foundation of digitization, and a step towards digital transformation- something GoodLinker is looking to help companies reach.
The company currently has a Cloud SaaS Service or IIoT Platform that is a cost-effective, simple, safe, and eco-friendly digital tool for quantitative management. It offers real-time monitoring, can generate history reports, and alerts when there is a malfunction in the production line. The system likewise includes paperless 24/7 recording and remote monitoring, with data that can be downloaded for analysis.
Bruce gave the use case example of a meatball factory and explained how the first step was setting up the data collection infrastructure in order to obtain data from the machines: sensor and wiring construction, followed by plug-n-play to the Goodlinker system with no code required. Based on the data collected, a year after using the system, the company reported a 62% reduction in the waste rate of raw materials, which translated to a cost reduction of about $300,000 USD a year. The Overall Equipment Effectiveness (OEE) rate also increased by 6.44%.
According to Bruce, they have serviced over 40 users not only in Taiwan, but also Southeast Asia, and have proven that the solution can be used in different industries. He added that they have also proven that the manufacturing industry is willing to use cloud solutions so long as these can solve their problems in a cost-effective way. Users, he said, prefer a total solution with full service over a product, and called on channels with SME customers, system integrators, and industry experts and consultants to team up with GoodLinker and provide smart solutions to enterprises.
The session ended with a short Q&A.
The presentation were available to registered participants only.
The video presentation of the webinar can be viewed at the CACCI YouTube channel.
Webinar on Mongolian Banking’s status and opportunities
The Asian Bankers Association (ABA), one of the Product and Service Councils established under the CACCI umbrella, is inviting CACCI members to join the webinar on “Mongolian Banking: Current status and opportunities” to be held on October 17, 2022, from 2:00 PM to 3:00 PM Taipei time. As the first of the webinars on “Connecting and Exploring Opportunities with ABA” series […]
Webinar on Mongolian Banking’s status and opportunities
The Asian Bankers Association (ABA), one of the Product and Service Councils established under the CACCI umbrella, is inviting CACCI members to join the webinar on “Mongolian Banking: Current status and opportunities” to be held on October 17, 2022, from 2:00 PM to 3:00 PMTaipei time.
As the first of the webinars on “Connecting and Exploring Opportunities with ABA” series prior to this year’s virtual 38th ABA General Meeting and Conference, the October 17 webinar will be conducted by Mr. Lkhagvasuren Amar, CEO of the Mongolian Bankers Association (MBA).
This one-hour webinar will provide valuable information to bankers, investors and financial experts to explore and learn about the current status of the banking market in Mongolia and the opportunities available.
The topics for discussion include:
(1) MBA profile
(2) Key statistics (demographics, culture, GDP per capita)
(3) Financial & banking system (ex. types of banks, operational objectives, financial markets)
(4) International trade and foreign investment policy (fiscal and regulatory framework)
(5) Strengths (economic development, areas of economic growth, main branches of industry, investment infrastructure and business opportunities)
(6) Challenges ahead
The Agenda
I. Introduction by Moderator, Oliver Hoffman, Erste Group Bank AG’s Managing Director & Head of Asia (2 minutes)
II. Welcome Remarks by Eugene Acevedo, ABA Chairman & President/CEO of Rizal Commercial Banking Corporation (RCBC) (2 minutes)
III. Presentation by Lkhagvasuren Amar, Mongolian Bankers Association’s CEO (40 minutes)
IV. Q&A (16 minutes)
To join the meeting, interested parties may register HERE:
We encourage you to register and share the invitation with colleagues.
“A storm ahead? View on the Asian economy” webinar
The Asian Bankers Association (ABA), one of the Product and Service Councils established under the CACCI umbrella, is inviting CACCI members to join the 90-minute webinar on “A storm ahead?An updated view on the Asian economy” to be held on 13 October, 2022 at 02:00 PM, Taipei time. The webinar, organized in association with the Association of Credit Rating […]
“A storm ahead? View on the Asian economy” webinar
The Asian Bankers Association (ABA), one of the Product and Service Councils established under the CACCI umbrella, is inviting CACCI members to join the 90-minute webinar on “A storm ahead?An updated view on the Asian economy” to be held on 13 October, 2022 at 02:00 PM, Taipei time.
The webinar, organized in association with the Association of Credit Rating Agencies in Asia (ACRAA), will feature Atsushi Masuda, ACRAA Chairman & Counselor for International Affairs, Japan Credit Rating Agency Ltd. (JCR) and Lina Wang, Senior Analyst of Sovereign Rating, China Chengxin International Credit Rating Co. (CCXI). Lin Zhang, Assistant Director of Research Institute, CCXI will join the Q&A session.
The topics to be discussed are explained as follows:
I. Four questions on the possible scenario for the global economy by Atsushi Masuda (45 minutes)
This session will take up the following four questions on the possible scenario for the global economy;
(1) Is the Great Moderation over?
(2) Will recession come?
(3) Will inflation stay?
(4) Will default rate mount?
The presentation will focus upon the Asia region excluding PRC in the context of recent developments in the global economy. At this moment, inflation pressure is growing beyond “temporary” but still it is projected to stabilize once geo-political factors and outright US Dollar appreciation will be corrected. It may be safe to think the Great Moderation ends really this time in view of revived inflation and higher volatilities in the markets. Fear of recession has been also surfacing in view of possible further tightening on gas supply from Russia and concerted monetary tightening worldwide, but the argument of similarity to the 2007 situation is not valid at this moment.
II. The recovery of China’s economy – Steering through turbulent waters by Lina Wang (25 minutes)
The speech will focus on the recovery of China’s economy amid multiple external and internal challenges. The speech will go through the fundamentals and outlook of China’s macroeconomy with key economic components and supporting data. Looking ahead, China’s economy will rebound in the second half of 2022 while downside risks persist. The policy space of China may be restrictive with tightening monetary and financial conditions globally. The evolution of coronavirus infections will remain an important risk. Meanwhile, China continues to face policy challenges to balance long-term policy goals with growth targets. Restoring confidence and spurring vitality of market entities is key to adding growth momentum.
III. Q&A session (20 minutes)
Audience will be able to issue questions to the speakers.
We therefore encourage you and your colleagues to register for this webinar by clicking HERE.
CACCI Director-General Meets with Representative of Korean Mission in Taipei
Mr. Chung Byung-Won, Representative of the Korean Mission in Taipei met with CACCI Secretariat officers led by Director-General Mr. David Hsu on September 23, 2022 at the former’s office. Mr. Chung was briefed by Mr. Hsu on CACCI and its various activities to help promote networking and business cooperation among businessmen in the region, […]
CACCI Director-General Meets with Representative of Korean Mission in Taipei
Mr. Chung Byung-Won, Representative of the Korean Mission in Taipei met with CACCI Secretariat officers led by Director-General Mr. David Hsu on September 23, 2022 at the former’s office. Mr. Chung was briefed by Mr. Hsu on CACCI and its various activities to help promote networking and business cooperation among businessmen in the region, and the active role played by the Korean Chamber of Commerce and Industry – one of the founding members of CACCI – in achieving this objective.
Mr. Hsu also informed Mr. Chung of the CACCI Young Entrepreneurs Group of Asia-Pacific (YEGAP) in which Mr. Michael Lee, a young businessman from Korea engaged in education and consultancy, is actively involved as Chairman of its Membership and Partnership Alliances. He likewise took the opportunity to introduce the Asian Bankers Association, one of the Product and Service Councils of CACCI, and the involvement of Korean banks in it.
CACCI Director-General Calls on Australian Representative in Taiwan
CACCI Director-General Mr. David Hsu and other CACCI Secretariat executives on September 21, 2022 called on Ms. Jenny Bloomfield, Australia’s Representative in Taiwan, and her colleagues Mr. Brent Moore, Deputy Representative and Senior Trade & Investment Commissioner, and Mr. Dan Bowman, Executive Director, Economic and Policy Section. During the visit, Mr. Hsu briefed Mr. […]
CACCI Director-General Calls on Australian Representative in Taiwan
CACCI Director-General Mr. David Hsu and other CACCI Secretariat executives on September 21, 2022 called on Ms. Jenny Bloomfield, Australia’s Representative in Taiwan, and her colleagues Mr. Brent Moore, Deputy Representative and Senior Trade & Investment Commissioner, and Mr. Dan Bowman, Executive Director, Economic and Policy Section.
During the visit, Mr. Hsu briefed Mr. Bloomfield about CACCI and the participation of Australian businessmen in its activities through the Australian Chamber of Commerce and Industry (ACCI). They also took the opportunity to inform Ms. Bloomfield of the upcoming 38th CACCI Conference to be held on November 28-29, 2022 in Melbourne, Australia with the Victorian Chamber of Commerce and Industry as the host organization. They told her that CACCI members who plan to join the Melbourne Conference – especially members of the CACCI Young Entrepreneurs Group of Asia Pacific (YEGAP) – have expressed interest to meet Australian young entrepreneurs and relevant local government officials and visit Australian companies., including start-ups and those involved in innovative industries. The CACCI officers also introduced to her the CACCI study on “Rebuilding the World Trading System” and presented her a copy of the study.
In response, Ms. Bloomfield offered the assistance of her office in setting up meetings of interested CACCI officers and members with Australian businessmen, business organizations, or government officials while they are in Melbourne for the Conference. She pointed out that Australia is a reliable supplier of energy and resources not only to Twain but other Asian countries as well, and that Australian interests with many Asian countries intersect across many areas such as education and vocational skills, energy innovation and investment, biotechnology, and smart cities, among others
CACCI webinar on Smart Solutions for Better Business: Is Your Enterprise Future-Ready? – Register now
CACCI is pleased to invite members and friends to join the webinar on “Smart Solutions for Better Business: Is Your Enterprise Future-Ready?” which will be held on October 4, 2022 at 2:00 PM Taipei time (GMT+8). To register please click HERE. The webinar, which is co-hosted by the Chinese International Economic Cooperation Association (CIECA-Taiwan), Importers Exporters Association […]
CACCI webinar on Smart Solutions for Better Business: Is Your Enterprise Future-Ready? – Register now
CACCI is pleased to invite members and friends to join the webinar on “Smart Solutions for Better Business: Is Your Enterprise Future-Ready?” which will be held on October 4, 2022 at 2:00 PM Taipei time (GMT+8).
The webinar, which is co-hosted by the Chinese International Economic Cooperation Association (CIECA-Taiwan), Importers Exporters Association of Taipei (IEAT), and Taiwan Smart Solutions (TSS), aims to introduce successful cases of smart solutions in various fields of business. Experts will be invited to present various smart solutions applicable to business and provide the opportunity to discuss potential collaboration among businessmen in the Asia-Pacific region.
The 90-minute session will be moderated by Herman Sameisky, the International Director of Taiwan Smart Solutions Association (TSS). Mr. Samiesky is a technical communicator and data analyst who has previously worked for Google and Amazon.
(1) James Chiao, Chairman of the Asian ICT Council at CACCI and the Smart Cities Committee at CIECA-Taiwan; Founding President of Taiwan Smart Solutions Association (TSS); and CEO of Smart Cities Consulting, Ltd, Co. will talk about the COVID-19 Pandemic’s impact on and opportunities for businesses. In particular, he will discuss the digital transformation of businesses, how smart solutions can optimize them, and how glocalization is a win-win business model for international partnerships.
The session will then delve into case studies of smart solutions for businesses.
(2) Joni Kuo, Chairman of Softfoundry International Pte Ltd., will introduce FacePro “5G+AR Remote Xpert” Smart Service,” which enables experts to remotely guide on-site personnel with 4K ultra-high-definition video from the first perspective and conduct troubleshooting and maintenance, which not only improves maintenance efficiency and ensures safety, but also results in a sharing of expertise and technology.
(3) Shao-Jen Weng, CEO of Healthcare Systems Consortium (HSC), will focus on how hospitals and health systems are positioning their organizations for the future in a post-pandemic world, and the top 10 healthcare industry trends and innovations that impact healthcare companies worldwide.
(4) Bruce King, Marketing Director of GoodLinker Co., Ltd., will look into the two common barriers manufacturing SMEs face in reaching digital transformation to be smarter and more efficient. He will also tackle the benefits of Industry Internet of Thing (IIoT), and the service model with glocalization eco-system. Examples of different industry application cases will also be presented.
(5) The session will conclude with a Q&A.
You are encourage to share this invitation with colleagues and friends.
CWEC Chairperson Meets with Businesswomen Group from Iran
Mrs. Mukta Nandini Jain, Chairperson of the CACCI Women Entrepreneurs Council (CWEC), met virtually with of key officers of the Khorasan Razavi Businesswomen Association (KHBWA) led by Chairwoman Mrs. Azar Kianinejad on August 26 to discuss possible areas of cooperation. Also in attendance were officers of the CACCI Secretariat headed by Director-General Mr. David Hsu. […]
CWEC Chairperson Meets with Businesswomen Group from Iran
Mrs. Mukta Nandini Jain, Chairperson of the CACCI Women Entrepreneurs Council (CWEC), met virtually with of key officers of the Khorasan Razavi Businesswomen Association (KHBWA) led by Chairwoman Mrs. Azar Kianinejad on August 26 to discuss possible areas of cooperation. Also in attendance were officers of the CACCI Secretariat headed by Director-General Mr. David Hsu.
KHBWA is interested to know more about CWEC and learn from the experiences of women entrepreneurs from CACCI member countries in running their businesses and how to address the challenges currently faced by business women in Iran. Mrs. Jain proposed, as an initial activity, the holding of an online webinar between the two organizations and have the opportunity to meet with each other and exchange views on areas of mutual concern.
Mrs. Kianinejad also extended an invitation to Mrs. Mukta and members of the CWEC to visit Khorasan Razavi to allow face-to-face meetings and know each other better. Founded in 2013, KHBWA works under the umbrella of the Khorasan Razavi Chamber of Commerce, Industries, Mines and Agriculture, which is a provincial member of Iran Chamber of Commerce Industries Mines and Agriculture (ICCIMA), a CACCI Primary Member.
KHBWA deals with empowering businesswomen and women entrepreneurs in Khorasan Razavi province, which is located in the North East part of Iran. It has more than 30 active members who are either a CEO of SMEs, a board member of them, or potent enough to manage their own business. The CWEC was organized in October 2005 during the 70th CACCI Council Meeting held in Tbilisi, Georgia. Its primary objective is to promote the growth and development of women entrepreneurs in the Asia-Pacific region. CWEC is currently under the chairmanship of Mrs. Mukta Nandini Jain, former national president of the FICCI Ladies Organization (FLO).
YEGAP Talks #3 Features YEGAP Chairman Mangesh Lal Shrestha
Mr. Mangesh Lal Shrestha, Chairman of the Young Entrepreneurs Group of Asia-Pacific (YEGAP), was the featured speaker of the third session of YEGAP Talks held virtually on September 16, 2022. In his presentation, Mr. Lal Shrestha – who is the Global Vice President (Growth & Artificial Intelligence) at Frost & Sullivan – did not only […]
YEGAP Talks #3 Features YEGAP Chairman Mangesh Lal Shrestha
Mr. Mangesh Lal Shrestha, Chairman of the Young Entrepreneurs Group of Asia-Pacific (YEGAP), was the featured speaker of the third session of YEGAP Talks held virtually on September 16, 2022. In his presentation, Mr. Lal Shrestha – who is the Global Vice President (Growth & Artificial Intelligence) at Frost & Sullivan – did not only share his journey as an entrepreneur, but also focused on the transformation from an entrepreneur to a corporate entrepreneur, or what he called as an intrapreneur.
In particular, he shared his experience as a Corporate Entrepreneur by being part of the team tasked with transforming a global organization through visionary leadership, innovation, and change management. Throughout his professional life, Mr. Lal Shrestha has been involved in projects and enterprises that promote his passion for youth & entrepreneurship development along with innovation to contribute and improve social-economic era. Looking forward, he said that there is now a gradual convergence of entrepreneurship and corporate entrepreneurship.
The one-hour conversation with Mangesh can be viewed here.
CACCI meets with Malaysian Friendship & Trade Centre
CACCI Secretariat officers led by Director-General Mr. David Hsu joined the luncheon meeting hosted by CTBC Bank on September 15, 2023 for representatives of the Malaysian Friendship & Trade Centre in Taiwan, namely, Director Ms. Syakella Zakaria, Director for Economics Ms. Syajaratud Durri Abdullah, and Director of Trade Ms. Aninawati Saleh. Among others, Mr. […]
CACCI meets with Malaysian Friendship & Trade Centre
CACCI Secretariat officers led by Director-General Mr. David Hsu joined the luncheon meeting hosted by CTBC Bank on September 15, 2023 for representatives of the Malaysian Friendship & Trade Centre in Taiwan, namely, Director Ms. Syakella Zakaria, Director for Economics Ms. Syajaratud Durri Abdullah, and Director of Trade Ms. Aninawati Saleh. Among others, Mr. Hsu discussed with the Malaysian officers on how to get Malaysian business organizations can get more actively involved in CACCI activities.
Excellent Introduction to Chamber Model Initiative (CMI) Workshop held on September 13, 2022.
The webinar session on Introduction to Chamber Model Initiative Workshop hosted by Dubai Chamber of Commerce in coordination with CACCI on September 13, 2022 was an informative and useful session that provided the opportunity to learn important ideas and concepts on how to further strengthen chambers’ organization and objectives amidst ongoing changes and emerging challenges in […]
Excellent Introduction to Chamber Model Initiative (CMI) Workshop held on September 13, 2022.
The webinar session on Introduction to Chamber Model Initiative Workshop hosted by Dubai Chamber of Commerce in coordination with CACCI on September 13, 2022 was an informative and useful session that provided the opportunity to learn important ideas and concepts on how to further strengthen chambers’ organization and objectives amidst ongoing changes and emerging challenges in the regional and global market environment.
The attendance to the workshop was the first step in finding “a pathway and tangible solutions to enable your chambers to start innovating continuously while putting your constituencies’ needs at the forefront of service development.”
To further assist you in this regard moving forward, we provide hereunder the video recording of the Workshop as well as to a number of other useful materials :
Registration Link for CMI Around the World Session 1: Organized by WCF/ICC and Dubai Chambers, “CMI Around the World” series provide a perfect platform for peer Chambers to learn about CMI case studies and learnings from pioneering Chambers in CMI.
Should you have further questions, please contact us at the Secretariat through cacci@cacci.biz, or the following members of the Dubai Chambers team:
The Asian Council on Water, Energy and Environment (ACWEE), one of the Product and Service Councils established under the CACCI umbrella, has signed a Memorandum of Understanding (MOU) with the Iranian Society for Green Management (ISGM), a non-profit organization registered un the Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA), CACCI Primary Member […]
The Asian Council on Water, Energy and Environment (ACWEE), one of the Product and Service Councils established under the CACCI umbrella, has signed a Memorandum of Understanding (MOU) with the Iranian Society for Green Management (ISGM), a non-profit organization registered un the Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA), CACCI Primary Member from Iran.
The signing ceremony was held virtually, with ACWEE Chairman Mr. Gyanendra Lal Pradhan from Nepal and ISGM President Mohammad Hasan Emami signing on behalf of their respective organizations.
ISGM President Mohammad Hasan Emami in his Message at the signing ceremony said that since its establishment 16 years ago, the ISGM has been active on green intelligence, carbon footprint calculation, water footprint calculation, green hospital, green hotel, green industry, product life cycle assessment, as well as expert training, green assessor and issuing green certification for organizations. He added that ISGM has also tried to strengthen the green culture in Iran by holding national and international conferences and producing books and articles. He said that ISGM considered it an honor to be able to influence sustainable develop at the national and international level with the support of ACWEE. “Our goal of signing the MOU is to develop common experiences and knowledge and support the economy and environment together,” he remarked.
ACWEE Chairman Mr. Gyanendra Lal Pradhan in his Welcome Statement noted that given the continuing rapid economic growth of Asian countries, the development of clean water, energy and environment is crucial for the further development of their economies. Hence, he said he was very pleased to sign an MOU with the ISGM, pointing out that the ACWEE and ISGM share the same objective: Both organizations aim to serve as platforms to help promote the interest of their members, which are composed mainly of businessmen in the water, energy, and environment sector from their respective regions, Mr. Lal Pradhan said. To achieve this common aspiration, ACWEE and ISGM have therefore agreed to come together to sign the MOU to further concretize partnership between the two organizations, he added. He said that the ACWEE certainly looks forward to working with ISGM in pursuing the tenets of the MOU that will redound to the benefits not only of their respective members, but the whole global village as well.
In his Welcome Remarks, CACCI Director-General Mr. David Hsu pointed out that water, energy, environment and green natural resources have been important subjects to mankind particularly since the start of the 20th century. The growing climate change and the recent floods and drought happening in many countries and regions around the world have further highlighted the worsening situation. Mr. Hsu added that many agencies are committed to addressing the problem or to mitigating its negative impact on the environment, and expressed his hopes that the signing of the MOU between ISGM and ACWEE will help contribute to achieving this important objective.
For his part, CACCI Deputy Director-General Mr. Amador Honrado said that as one of the Product and Service Councils of CACCI, the ACWEE plays an important role in promoting the development of the water, energy and environment in the Asia-Pacific region and encouraging business interaction among CACCI members in this sector. He thanked ISGM for reaching out to CACCI – and to the ACWEE in particular – in its efforts to have greater cooperation with other organizations in CACCI member countries with similar objectives as its own, and expressed confidence that the signing of the MOU between ISGM and ACWEE will be mutually beneficial to both organizations and to their respective members.
Under the MOU, ISGM and ACWEE agree to:
Facilitate interaction between their members in order to encourage strategic alliances and networking among themselves.
Jointly develop and promote training and capacity-building programs to enhance the professional and institutional capability of their members and other institutions that share the same objectives.
Co-organize, collaborate, and assist each other in conferences and forums on water, energy and environment and related topics and issues.
Explore other areas of cooperation such as information exchange, publications, research and studies and other appropriate endeavors deemed beneficial to their respective members.
CACCI Joins 20th Meeting of the Joint Business Councils
Mr. George Abraham, Chairman of the CACCI SME Development Council, represented CACCI at the 20th Joint Business Councils (JBC) Meeting held virtually on September 9, 2022. The meeting provided opportunity to JBC members to provide updates to the ASEAN Business Advisory Council on their recent and upcoming activities. Mr. Abraham briefed them mainly on preparations […]
CACCI Joins 20th Meeting of the Joint Business Councils
Mr. George Abraham, Chairman of the CACCI SME Development Council, represented CACCI at the 20th Joint Business Councils (JBC) Meeting held virtually on September 9, 2022. The meeting provided opportunity to JBC members to provide updates to the ASEAN Business Advisory Council on their recent and upcoming activities.
Mr. Abraham briefed them mainly on preparations for the 36th CACCI Conference to be held in Melbourne, the activities of its various Product and service Councils such as the Young Entrepreneurs Group of Asia Pacific (YEGAP) and the Asian ICT Council, the Workshop on Introduction to the Chamber Model Innovation jointly held with the Dubai Chambers, participation in the B20 Indonesia activities as well as in other events conducted by other organizations. CACCI is an Associate Member of the JBC.
YEGAP Holds Orientation for New Members
The restructured and revitalized Yung Entrepreneurs Group of Asia-Pacific (YEGAP) held a virtual orientation meeting with new YEGAP members on August 24th 2022. Moderated by Mr. Michael Lee, Chairman of the YEGAP Committee on Membership and Partnership Alliances (2nd from right, top row), the meeting provided the new members the opportunity to introduce themselves and […]
The restructured and revitalized Yung Entrepreneurs Group of Asia-Pacific (YEGAP) held a virtual orientation meeting with new YEGAP members on August 24th 2022.
Moderated by Mr. Michael Lee, Chairman of the YEGAP Committee on Membership and Partnership Alliances (2nd from right, top row), the meeting provided the new members the opportunity to introduce themselves and their respective businesses and activities, their motivation for joining YEGAP, and what they expect from their membership in the Group.
YEGAP Chairman Mr. Mangesh Lal Shrestha (2nd from right middle row) was also on hand to welcome the new members and to elaborate on YEGAP’s vision and aspirations. YEGAP is one of the Product and Service Councils established under the CACCI umbrella and aims to provide a venue for young entrepreneurs in CACCI member countries to get actively involved in entrepreneurial development and help promote regional economic cooperation in Asia-Pacific.
Former FPCCI VP Khurram Tariq Sayeed called on CACCI VP & Kowloon CC Chairman Ernest Yuen
Khurram Tariq Sayeed, Former Vice President FPCCI called on the CACCI Chamber Vice President & Chairman Kowloon Chamber of Commerce Ernest Ka Lok Yuen at the Kowloon Chamber in Hong Kong on May 25, 2022. Present during the meeting were Vice Chairmen Kowloon Chamber Lin Wei Qiao & Wyler Wong Lai Tang, Vice President Kowloon […]
Former FPCCI VP Khurram Tariq Sayeed called on CACCI VP & Kowloon CC Chairman Ernest Yuen
Khurram Tariq Sayeed, Former Vice President FPCCI called on the CACCI Chamber Vice President & Chairman Kowloon Chamber of Commerce Ernest Ka Lok Yuen at the Kowloon Chamber in Hong Kong on May 25, 2022.
Present during the meeting were Vice Chairmen Kowloon Chamber Lin Wei Qiao & Wyler Wong Lai Tang, Vice President Kowloon Chamber Dr. Leslie P.Y. Wong, Secretary Cezarine Lee & Trade Development Officer Pakistan Consulate Hong Kong Ali Awan among others.
Various proposals to increase trade and investment among CACCI Chamber members as well as bilateral trade between Pakistan and Hong Kong came under discussion. Mr. Sayeed identified Real Estate and IT sectors as having great potential for investment in Pakistan. He once again extended invitation of FPCCI to CACCI Chamber delegation to visit Pakistan to further enhance interaction between CACCI Chamber and Pakistan.
Invitation to the Introduction to Chamber Model Innovation Workshop
CACCI invites Chamber members to participate in the virtual Introduction to the Chamber Model Innovation (CMI) Workshop to be conducted jointly by CACCI and the Dubai Chambers on September 13, 2022, 2:00 PM – 3:30 PM, Taipei Time. As chamber members are well aware, the world has seen drastic changes in the regional and international […]
Invitation to the Introduction to Chamber Model Innovation Workshop
CACCI invites Chamber members to participate in the virtual Introduction to the Chamber Model Innovation (CMI) Workshop to be conducted jointly by CACCI and the Dubai Chambers on September 13, 2022, 2:00 PM – 3:30 PM, Taipei Time.
As chamber members are well aware, the world has seen drastic changes in the regional and international market environment as a result of the global pandemic. At the same time, the speed of technology adoption by business and society continues to accelerate. Today, chambers of commerce are facing the new realities where members’ needs evolve rapidly, making the old services increasingly irrelevant.
Chambers therefore need to review their approach and strategy of developing and delivering services, with the view to enabling their organization not only to survive but also to thrive going forward amidst current changes and challenges in the regional and world markets.
CACCI is therefore joining the WCC/ICC initiative led by Dubai Chambers by organizing the CMI Workshop on September 13 to provide a pathway and tangible solutions to enable CACCI member chambers to start innovating continuously while putting their constituencies’ needs at the forefront of service development. Attached herewith is the latest Workshop Program for your perusal.
The CMI framework was pioneered by Dubai Chambers and further refined by the WCF Task Force Chamber 4.0. The methodology could assist chambers in two major ways, namely: (a) redefine the value of chambers to their current and prospective members; and (b) help chambers to focus on businesses’ needs, to become a data driven and resilient organization, and a more attractive employer for the best talent in their respective markets. By attending the Workshop, you and your colleagues will join fellow leaders in the chambers’ community in exploring tips, tools and guidance to implement CMI within your Chamber.
We encourage as many officers and staff members from your Chamber to attend the Workshop. Chamber’s participants can register for the workshop by clicking HERE.
If you have further question, please contact us at cacci@cacci.biz.
Introduction to the Chamber Model Innovation Workshop for CACCI Members
13 September 2022, 2:00pm – 03:30pm, Taipei Time
Moderator
Peter McMullin, Vice President, CACCI
2.00 – 2.20 pm Opening remarks
Samir Modi, President CACCI
Hassan Al Hashimi, Vice President, International Relations at Dubai Chambers
2.20 – 2.50 pm Chamber Model Approach
Natalia Sycheva, Head of Strategy at Dubai Chambers
2.50 – 2.55 pm CMI Playbook: Explained
Natalia Sycheva, Head of Strategy at Dubai Chambers
2.55 – 3.10 pm Experiment Case study from Dubai Chambers
Fatma Almadani, Senior Specialist, Strategy at Dubai Chambers
3.10 –3.30 pm Q&A
CACCI Profile – August edition available
CACCI is pleased to announce that the August 2022 issue of CACCI Profile is now available! Please click here to read or download. This month’s issue highlights the meeting between President Samir Modi and Asian ICT Chair James Chiao on a potential webinar introducing smart solutions for businesses. It also includes a recap of the […]
CACCI is pleased to announce that the August 2022 issue of CACCI Profile is now available! Please click here to read or download.
This month’s issue highlights the meeting between President Samir Modi and Asian ICT Chair James Chiao on a potential webinar introducing smart solutions for businesses. It also includes a recap of the first-ever orientation for new YEGAP members. Additionally, the newsletter features the latest news from Member Chambers, along with a wide range of articles relevant to business and trade.
It is our ardent hope that this monthly publication is useful to you and your work, and enables you to know more about the CACCI, our members, and their activities.
If you wish other members of your organization to receive a copy of the CACCI Profile, please send us their names, titles/positions, and email addresses through cacci@cacci.biz
We would also appreciate receiving your comments on how we can further improve the CACCI Profile in terms of its format and contents.
If you have any articles you wish to share with our members, you are welcome to send these to us, with accompanying photos if possible through cacci@cacci.biz.
YEGAP Talks with Mangesh Lal Shrestha from Kathmandu
CACCI is inviting members and friends to the third session of YEGAP Talks to be held on September 16th 2022 at 3PM (Taipei Time) where stories and experiences of successful young Asian entrepreneurs are shared with participants. To be moderated by Michael Lee, CEO of CreBiz Factory, South Korea, the one-hour webinar format session will feature Mangesh […]
YEGAP Talks with Mangesh Lal Shrestha from Kathmandu
CACCI is inviting members and friends to the third session of YEGAP Talks to be held on September 16th 2022 at 3PM (Taipei Time) where stories and experiences of successful young Asian entrepreneurs are shared with participants.
To be moderated by Michael Lee, CEO of CreBiz Factory, South Korea, the one-hour webinar format session will feature Mangesh Lal Shrestha, Global Vice President for Growth of Frost & Sullivan, a company engaged in ICT, Digital, Data Center, AI, Consulting, Distribution, Software, System Integration, Managed Service, BFSI, Telecom, and Agrotech. Based in Kathmandu, but always flying everywhere, Mangesh will share his inspiration, his entrepreneurship journey, the challenges he faces, the complexity of international business and the rewards.
We hope you register HERE for the next YEGAP Talks with Mangesh scheduled on September 16th 2022 at 3PM (Taipei time.)
Khulan Davaadorj discussed Entrepreneurship in Mongolia in YEGAP Talks #2
The second session of YEGAP Talks held on August 19th 2022 presented another webinar focused on stories and experiences of successful young Asian entrepreneurs such as Khulan Davaadorj, Founder and CEO of LHAMOUR. Moderated by Michael Lee, CEO of CreBiz Factory, South Korea, the one-hour second session featured Khulan Davaadorj, Founder and CEO of LHAMOUR, Mongolia’s first […]
Khulan Davaadorj discussed Entrepreneurship in Mongolia in YEGAP Talks #2
The second session of YEGAP Talks held on August 19th 2022 presented another webinar focused on stories and experiences of successful young Asian entrepreneurs such as Khulan Davaadorj, Founder and CEO of LHAMOUR.
Moderated by Michael Lee, CEO of CreBiz Factory, South Korea, the one-hour second session featured Khulan Davaadorj, Founder and CEO of LHAMOUR, Mongolia’s first organic skincare line. Khulan started LHAMOUR with the vision to be a leading role model, demonstrating to the world market that Mongolia can produce high-quality products. While her entrepreneurship journey has been difficult, her strong values propelled her to her present success.
You can view the fulll video recording of the August 19thYEGAP Talks with Khulan here.
We also hope you register HERE for the next YEGAP Talks show scheduled on September 16th 2022 at 3PM (Taipei time) with Mangesh Lal Shrestha, CEO of Frost & Sullivan, a company engaged in ICT, Digital, Data Center, AI, Consulting, Distribution, Software, System Integration, Managed Service, BFSI, Telecom, and Agrotech in Kathmandu.
ACCI renews Memorandum of Understanding with Indonesian Chamber of Commerce and Industry
The Australian Chamber of Commerce and Industry on August 1st 2022 hosted Mr. Arshad Rasjid, chair of the Indonesian Chamber of Commerce and Industry (KADIN), Indonesian Ambassador to Australia, Dr. Siswo Pramono, and a delegation of Indonesian business leaders. During the delegation’s visit, the Chamber oversaw the signing of a Memorandum of Understanding (MOU) with […]
ACCI renews Memorandum of Understanding with Indonesian Chamber of Commerce and Industry
The Australian Chamber of Commerce and Industry on August 1st 2022 hosted Mr. Arshad Rasjid, chair of the Indonesian Chamber of Commerce and Industry (KADIN), Indonesian Ambassador to Australia, Dr. Siswo Pramono, and a delegation of Indonesian business leaders.
During the delegation’s visit, the Chamber oversaw the signing of a Memorandum of Understanding (MOU) with KADIN dedicated to further enhancing trade and investment linkages through the Indonesia-Australia Comprehensive Economic Partnership Agreement (IA-CEPA).
The signing renews an MOU first signed in 2016. The MOU was signed by KADIN chairman Arshad Rasjid and ACCI chief executive Andrew McKellar and reaffirms their commitment to further promote growth and prosperity between Australia and Indonesia, one of the world’s fastest growing economies.
The agreement is expected to help elevate the two organisations’ already strong levels of cooperation and comes amid the Chambers’ work in facilitating further commercial opportunities in both Australian and Indonesian markets. ACCI’s leadership in further advancing a forwardleaning Indonesia policy will be further on display when the Chamber represents Australian business at the forthcoming B20 Summit in Indonesia. Australia and Indonesia are the only members of the B20 in South East Asia.
ACCI chief executive Andrew McKellar said: “The world needs less protectionism and more collaboration. We need meaningful cooperation and real teamwork to address the new global challenges of today. “The renewed Memorandum of Understanding between the Australian Chamber of Commerce and Industry and Indonesian Chamber of Commerce and Industry reaffirms our commitment to enhance the collaborative partnership between our countries. “ACCI and KADIN are pleased to take this step forward today alongside partners and friends to advance our common purpose of promoting Australia-Indonesia commercial relations,” Mr. McKellar added.
ACCI News
YEGAP Talks with Khulan Davaadorj, Founder and CEO of LHAMOUR
The Confederation of Asia-Pacific Chambers of Commerce and Industry (CACCI) is pleased to invite you and your friends to attend the second YEGAP TALKS Session to be held virtually on August 19, 2022 at 3:00 PM, Taipei Time (GMT + 8). YEGAP TALKS is a virtual talk show devoted to the stories and experiences of […]
YEGAP Talks with Khulan Davaadorj, Founder and CEO of LHAMOUR
The Confederation of Asia-Pacific Chambers of Commerce and Industry (CACCI) is pleased to invite you and your friends to attend the second YEGAP TALKS Session to be held virtually on August 19, 2022 at 3:00 PM, Taipei Time (GMT + 8).
YEGAP TALKS is a virtual talk show devoted to the stories and experiences of young entrepreneurs.
As a platform organized by CACCI’s Young Entrepreneurs Group of Asia-Pacific (YEGAP), YEGAP TALKS is open to one and all, with the aim of bringing together young people and entrepreneurs, to share their stories in the hope of inspiring one another and creating a better future.
Our second session will feature Khulan Davaadorj, Founder and CEO of LHAMOUR, Mongolia’s first organic skincare line. Khulan started LHAMOUR with the vision to be a leading role model, proving people that Mongolia can produce high quality products. Join us and listen to Khulan talk about her entrepreneurship journey and what propelled her to her present success.
Register for the second session on August 19 HERE.
The Program:
(1) Welcome Remarks by David Hsu, CACCI Director-General (1 min)
(2) Introduction of Speaker by Michael Lee, YEGAP Executive Committee Member and Session moderator (3 mins)
(3) The Young Entrepreneur’s Journey of Khulan Davaadorj (15 mins)
(4) Interview with Khulan (20 mins)
(5) Q&A with the audience (10 mins)
Speaker:
Khulan Davaadorj
Founder & CEO, LHAMOUR, Mongolia
Khulan Davaadorj is a Mongolian entrepreneur who founded her company called LHAMOUR LLC in 2014, with the aim to produce natural and healthy products with unique Mongolian raw materials in the most environmentally friendly way. She started Mongolia’s first ever organic skincare brand LHAMOUR with the vision to be a leading role model, proving people that Mongolia can produce high quality products. A lot of the focus in the last decades was on political reforms and natural resource exploitation. There is no single brand or product from Mongolia that is globally recognized and even in Mongolia the image of local products has widely been seen as low quality. Khulan wants to change this image as she sees that she can use traditional ways to be incorporated into modern forms, which can be accepted globally, especially with the global increase of demand for organic and healthy products.
Mike Lee (Session Moderator)
CEO @CreBizFactory, South Korea
Michael is a young entrepreneur engaged in education and consulting businesses. He has extensive experience helping young entrepreneurs launch their business at the local, national and internationally level. As member of the Korea Chamber of Commerce and Industry, Michael also works with chambers and business associations promoting private businesses in North and South America, as well as networking with global institutions such as B20. Michael is a member of YEGAP’s Executive Committee.
You are encouraged to share this invitation with your friends and business partners.
Iran YEGAP Member enlisted as Judge Panelist at Global Benchmarking Award Final 2022
The 8th Global Benchmarking Award was held virtually on August 4 with the purpose of encouraging organizations to demonstrate how benchmarking is a drive for their success and an integral part of their advancement. The award is designed by the Global Benchmarking Network (GBN), a network of organizations with interest in the practice of […]
Iran YEGAP Member enlisted as Judge Panelist at Global Benchmarking Award Final 2022
The 8th Global Benchmarking Award was held virtually on August 4 with the purpose of encouraging organizations to demonstrate how benchmarking is a drive for their success and an integral part of their advancement.
The award is designed by the Global Benchmarking Network (GBN), a network of organizations with interest in the practice of benchmarking. The award is organized by Partnerships (Australia), BestPrax Club (India) and COER (New Zealand). This year, Dubai Police was selected as the winner by the judges. The members of the board of GBN attended the award in their capacity as judges. Mr Khashayar Ataie from Iran was one of the judges. Mr. Ataie is also a member of CACCI’s Young Entrepreneurs Group of Asia-Pacific. Other judges were from the Netherlands, the US, the Philippines, India, and New Zealand.
Introduction to Tehran Youth Association of Entrepreneurs
Tehran Youth Association of Entrepreneurs, which was established with the official permission of the Iran Chamber of Commerce and the full supervision of the Tehran Chamber of Commerce in 2017 is the only official association of Iran Chamber of Commerce for the youth of the country whose members are from Tehran Chamber of Commerce. They are active in providing […]
Introduction to Tehran Youth Association of Entrepreneurs
Tehran Youth Association of Entrepreneurs, which was established with the official permission of the Iran Chamber of Commerce and the full supervision of the Tehran Chamber of Commerce
in 2017 is the only official association of Iran Chamber of Commerce for the youth of the country whose members are from Tehran Chamber of Commerce.
They are active in providing cooperation, mutual thinking and organized activities among young entrepreneurs in order to create a favorable environment for young entrepreneurship, business
networking and doing joint work, training and skill building in the field of management and entrepreneurship.
Also, this association, with its official presence in some government organizations and departments of Iran, follows up on potential issues and problems of the country’s young producers and businessmen. They also provide numerous welfare, sports, and consulting services that support the country’s youth in the path of progress.
Like youth chambers in other parts of the world, this organization operates on the four pillars of education, social responsibility, networking in entrepreneurship and deputy preparation and has expanded its relationship with the corresponding associations at the national and international levels, which led to the signing of memorandums of understanding like the arbitration center of the Tehran Chamber of Commerce, insurance, etc., all of which directed toward serving of the youth.
To get familiar with the association, more info is available on https://www.instagram.com/tccimjunior/
CACCI President Meets with ICT Council Chairman on Proposed Smart Solutions Forum
CACCI President Mr. Samir Modi (rightmost, top row) meets virtually with Mr. James Chiao, Chairman of the CACCI ICT Council (leftmost, middle row), and CACCI Secretariat executives to exchange views on the proposed webinar series on International Smart Solutions this year. The series aims to establish a communication platform between smart solution providers and […]
CACCI President Meets with ICT Council Chairman on Proposed Smart Solutions Forum
CACCI President Mr. Samir Modi (rightmost, top row) meets virtually with Mr. James Chiao, Chairman of the CACCI ICT Council (leftmost, middle row), and CACCI Secretariat executives to exchange views on the proposed webinar series on International Smart Solutions this year. The series aims to establish a communication platform between smart solution providers and international enterprises, provide consulting services, understand the problems faced by enterprises, and solve their problems through the Taiwanese smart solution platform. The inaugural session I scheduled to held on August 31, 2022.
XVIII CACCI Health & Education newsletter available
CACCI is pleased to share with members and friends the 18th Volume of the CACCI Health & Education Newsletter by clicking HERE. We hope that this publication will serve as an effective platform for an exchange of information among the health and education sectors in the CACCI region. Members are, therefore, encouraged to contribute articles for […]
XVIII CACCI Health & Education newsletter available
CACCI is pleased to share with members and friends the 18th Volume of the CACCI Health & Education Newsletter by clicking HERE.
We hope that this publication will serve as an effective platform for an exchange of information among the health and education sectors in the CACCI region. Members are, therefore, encouraged to contribute articles for our future issues. Kindly forward your materials (preferably with accompanying photos) to wendy.yang@cacci.org.tw .
CACCI Profile – July edition available
CACCI is pleased to announce that the July 2022 issue of CACCI Profile is now available! Please click here to read or download. This month’s issue highlights the inclusion of the CACCI Study on “Rebuilding the World Trading System” in the list of Best Mid-Year Reads in Economics in 2022 curated by Martin Wolf of […]
CACCI is pleased to announce that the July 2022 issue of CACCI Profile is now available! Please click here to read or download.
This month’s issue highlights the inclusion of the CACCI Study on “Rebuilding the World Trading System” in the list of Best Mid-Year Reads in Economics in 2022 curated by Martin Wolf of the Financial Times. It also includes a recap of the first-ever session of YEGAP Talks, a new virtual talk show launched by CACCI’s Young Entrepreneurs Group of Asia-Pacific (YEGAP). Additionally, the newsletter features the latest news from Member Chambers, along with a wide range of articles relevant to business and trade.
It is our ardent hope that this monthly publication is useful to you and your work, and enables you to know more about the CACCI, our members, and their activities.
If you wish other members of your organization to receive a copy of the CACCI Profile, please send us their names, titles/positions, and email addresses through cacci@cacci.biz
We would also appreciate receiving your comments on how we can further improve the CACCI Profile in terms of its format and contents.
If you have any articles you wish to share with our members, you are welcome to send these to us, with accompanying photos if possible through cacci@cacci.biz.
CACCI Director-General pays visit to MOFA officers
CACCI Director-General David Hsu (2nd from left), along with Senior Officer Abby Moreno (left), paid a visit to the Taiwan’s Ministry of Foreign Affairs (MOFA) on December 20, 2022 where he met with Director-General Y.C. Tsai (2nd from right) and Deputy Director-General Isaac M. Chiu (right) of the Department of International Cooperation and Economic […]
CACCI Director-General pays visit to MOFA officers
CACCI Director-General David Hsu (2nd from left), along with Senior Officer Abby Moreno (left), paid a visit to the Taiwan’s Ministry of Foreign Affairs (MOFA) on December 20, 2022 where he met with Director-General Y.C. Tsai (2nd from right) and Deputy Director-General Isaac M. Chiu (right) of the Department of International Cooperation and Economic Affairs.
Mr. Hsu congratulated the two gentlemen on their new posts abroad. Director-General Tsai will be heading to Italy in January to assume his new post as Ambassador of the Taipei Representative Office in Italy. Deputy Director-General Chiu, meanwhile, will be serving as Director-General of the Taipei Economic and Cultural Office (TECO) in Surabaya, Indonesia from February.
Mr. Hsu relayed the news of the recently concluded 36th CACCI Conference in Melbourne, as well as CACCI’s newly elected President Mr. Peter McMullin, who is based in Australia. They then touched on potential forums and activities that CACCI can spearhead under the new leadership, and also briefly discussed the important role of CACCI in bridging trade networks between Europe and Asia.
YEGAP Talks #1 with Papua New Guinea Serial Entrepreneur Vani Nades
CACCI’s Young Entrepreneurs Group of Asia-Pacific (YEGAP) recently held the first session of YEGAP TALKS on July 22, 2022 at 3:00 PM, Taipei Time (GMT + 8). YEGAP TALKS is a virtual talk show devoted to the stories and experiences of young entrepreneurs. As a platform organized by CACCI’s Young Entrepreneurs Group of Asia-Pacific (YEGAP), YEGAP TALKS is open to one […]
YEGAP Talks #1 with Papua New Guinea Serial Entrepreneur Vani Nades
CACCI’s Young Entrepreneurs Group of Asia-Pacific (YEGAP) recently held the first session of YEGAP TALKS on July 22, 2022 at 3:00 PM, Taipei Time (GMT + 8).
YEGAP TALKS is a virtual talk show devoted to the stories and experiences of young entrepreneurs. As a platform organized by CACCI’s Young Entrepreneurs Group of Asia-Pacific (YEGAP), YEGAP TALKS is open to one and all, with the aim of bringing together young people and entrepreneurs, to share their stories in the hope of inspiring one another and creating a better future.
The first session featured Vani Nades, CEO of Emstret Holdings Limited, a provider of affordable internet services in Papua New Guinea.
A serial entrepreneur, she’s also a big advocate of youth development. David Hsu, Director-General of CACCI, started off the session with a few words introducing CACCI and YEGAP. This was followed by brief welcome remarks from Khulan Davaadorj, chair of YEGAP’s Learning & Networking Committee.
Session moderator Michael Lee introduced Vani with a short video on her company Emstret, and the work they do bringing connectivity to all parts of Papua New Guinea. Vani then went on to talk about her entrepreneurship journey — how she got started with Emstret, her struggles as a woman in a traditionally maledominated industry, and her present success and plans for the future.
During the interview with Michael, Vani talked about how she built up her confidence when she was still starting, and how she currently balances her work and family life. The session ended after a short Q&A with the audience.
The recording of the July 22 session with Vani is available on the YEGAP Talks Youtube channel. Watch it here.
Meanwhile, the next two sessions of YEGAP Talks are scheduled for August 19, with Khulan Davaadorj; and September 16, with Mangesh Lal Shrestha. Khulan is the founder and CEO of Lhamour, Mongolia’s first organic skincare brand, and was awarded Woman of the Year by Mongolia’s Prime Minister in 2016.
Mangesh, meanwhile, is Global VP of Growth at Frost & Sullivan in Nepal. He is also the current chairman of YEGAP.
ICT Chairman Invited as Guest Speaker at the “2022 Transformation Summit”
Mr. James Chiao, CEO of Smart City Consulting Co. Ltd. and Chairman of Asian ICT Council of CACCI, participated virtually as Guest Speaker during the first day of the three-day “2022 Transformation Summit” organized by Cebu IT BMP. Organization. Mr. Chiao, who also serves as Chairman of the Smart Cities Committee of the Chinese International Economic Cooperation Association (CIECA), spoke […]
ICT Chairman Invited as Guest Speaker at the “2022 Transformation Summit”
Mr. James Chiao, CEO of Smart City Consulting Co. Ltd. and Chairman of Asian ICT Council of CACCI, participated virtually as Guest Speaker during the first day of the three-day “2022
Transformation Summit” organized by Cebu IT BMP. Organization.
Mr. Chiao, who also serves as Chairman of the Smart Cities Committee of the Chinese International Economic Cooperation Association (CIECA), spoke on the important role of smart
city solutions in shaping the future of a city, and outlined areas where Taiwan – through its links to many experts not just in the country but in other regions as well – can help in providing the right and tailor-made smart city solutions for Cebu.
At the end of the session, Cebu City Mayor Mike Rama said he would connect with Mr. Chiao to seek his assistance in making the Philippine’s second largest metropolis a Smart City just like Taipei and other cities in Taiwan
1st YEGAP Talks Session on July 22, 2022 – Register now
The Confederation of Asia-Pacific Chambers of Commerce and Industry (CACCI) is pleased to invite members and friends to attend the first YEGAP TALKS #1 to be held virtually on July 22, 2022 at 3:00 PM, Taipei Time (GMT + 8). YEGAP TALKS is a virtual talk show devoted to the stories and experiences of young […]
1st YEGAP Talks Session on July 22, 2022 – Register now
The Confederation of Asia-Pacific Chambers of Commerce and Industry (CACCI) is pleased to invite members and friends to attend the first YEGAP TALKS #1 to be held virtually on July 22, 2022 at 3:00 PM, Taipei Time (GMT + 8).
YEGAP TALKS is a virtual talk show devoted to the stories and experiences of young entrepreneurs.
As a platform organized by CACCI’s Young Entrepreneurs Group of Asia-Pacific (YEGAP), YEGAP TALKS is open to one and all, with the aim of bringing together young people and entrepreneurs, to share their stories in the hope of inspiring one another and creating a better future.
Our first session will feature Vani Nades, CEO of Emstret Holdings Limited, a provider of affordable internet services in Papua New Guinea. A serial entrepreneur, she’s also a big advocate of youth development. Join us and listen to Vani talk about her life and dreams, successes and failures.
(1) Welcome Remarks by David Hsu, CACCI Director-General (1 min)
(2) Welcome Remarks by Khulan Davaadorj, YEGAP Learning and Networking Committee Chair (1 min)
(3) Introduction of Speaker by Michael Lee, YEGAP Executive Committee Member and Session moderator (3 mins)
(4) The Young Entrepreneur’s Journey of Vani Nades (15 mins)
(5) Interview with Vani (20 mins)
(6) Q&A with the audience (10 mins)
Speakers
Vani Nades Founder & CEO @Emstret Holdings Ltd., Papua New Guinea
She is a leader who has made a significant contribution to the business community in Papua New Guinea. Having been in the education sector for 20 years, she has contributed greatly to the industry. Beyond her commitment to education, she has a passion for making a difference and giving hope to the community. With her experience, she provides potential for increased access to skills and opportunities for Papua New Guineans. She has founded several businesses: internet service provider Emstret Holdings Limited, entrepreneurs’ coworking hub Emstret Space Limited, Little CEO Pizza Delivery, e commerce marketplace Shopsmart PNG Limited, and the businesses’ community arm serving rural communities the Voices for Villages Foundation. “I believe wholeheartedly in Entrepreneurship as it fosters innovation, create jobs and more so promote economic development. The exciting part of it is an idea put into action that creates new business” Vani Nades
Mike Lee (Session Moderator) CEO @CreBizFactory, South Korea
Michael is a young entrepreneur engaged in education and consulting businesses. He has extensive experience helping young entrepreneurs launch their business at the local, national and internationally level. As member of the Korea Chamber of Commerce and Industry, Michael also works with chambers and business associations promoting private businesses in North and South America, as well as networking with global institutions such as B20. Michael is a member of YEGAP’s Executive Committee.
India’s Trade Representative in Taiwan Makes Courtesy Call on CACCI Secretariat
Mr. Dhananjay Singh Yadav, Deputy Director-General at the India Taipei Association (center) and Mr. Wen-Che Hsieh, Secretary (Commerce) (rightmost) on July 6 were received by CACCI officers led by Director-General Mr. David Hsu ((2nd from right) and officers of CTBC Bank at the CACCI Secretariat office in Taipei. The visit provided both sides the opportunity to introduce their respective organizations to […]
India’s Trade Representative in Taiwan Makes Courtesy Call on CACCI Secretariat
Mr. Dhananjay Singh Yadav, Deputy Director-General at the India Taipei Association (center) and Mr. Wen-Che Hsieh, Secretary (Commerce) (rightmost) on July 6 were received by CACCI officers led by Director-General Mr. David Hsu ((2nd from right) and officers of CTBC Bank at the CACCI Secretariat office in Taipei.
The visit provided both sides the opportunity to introduce their respective organizations to each other and identify activities where they may provide mutually beneficial support and cooperation.
Yo Young entrepreneurs from Iran on July 5, 2022 met virtually with officers of the CACCI Secretariat to introduce themselves, as well as to have a greater understanding about CACCI and its activities, to convey their expectations for joining the Young Entrepreneurs Group of Asia-Pacific (YEGAP), and to know the planned activities of YEGAP in the months ahead and how […]
Young entrepreneurs from Iran on July 5, 2022 met virtually with officers of the CACCI Secretariat to introduce themselves, as well as to have a greater understanding about CACCI and its
activities, to convey their expectations for joining the Young Entrepreneurs Group of Asia-Pacific (YEGAP), and to know the planned activities of YEGAP in the months ahead and how they can
actively participate in them. YEGAP is one of the Product and Service Councils of CACCI which aims to promote entrepreneurship not only among CACCI member countries but also in countries
outside the Asia Pacific region.
36th CACCI Conference
Thanks to the arrangements made by CACCI Vice President Mr. Peter McMullin, the Victorian Chamber of Commerce and Industry and CACCI will jointly hold the 36th CACCI Conference on November 28-30, 2022 in Melbourne, the capital of the Australian state of Victoria, which is located in the southeastern part of the country. Sitting on the banks […]
Thanks to the arrangements made by CACCI Vice President Mr. Peter McMullin, the Victorian Chamber of Commerce and Industry and CACCI will jointly hold the 36th CACCI Conference on November 28-30, 2022 in Melbourne, the capital of the Australian state of Victoria, which is located in the southeastern part of the country. Sitting on the banks of the Yarra River and around the shores of Port Phillip Bay, the city has a population of over 5 million.
Melbourne and the State of Victoria host some of Australia’s most prestigious events throughout the year, such as the Spring Racing Carnival culminating in the Melbourne Cup in November, the Australian Open Tennis in January, and the Melbourne Food & Wine Festival, among others.
The Program
This year’s Conference in Melbourne will provide the delegates the opportunity not only to network with leading businessmen from the region but also to meet with international and regional experts who will share their views on how to address the challenges and grasp the opportunities presented by the ongoing transformation in the regional and global trade and investment environment.
Registration HERE.
Late registrant please contact CACCI Secretariat at cacci@cacci.biz
Arrival of Delegates / Registration
NOVEMBER 28, 2022
08:00am – 08:45am Registration (Foyer) 08:45am – 08:55am Official Welcome by Mr. Paul Guerra, Chief Executive, Victorian CCI (Foyer) 09:00am – 10:30am Parallel Breakout Sessions (Group One)
Group One
(1) Asian ICT Council:“Promoting Smart Solutions in the Post-Pandemic Era” (Meeting Room 216)
Natasha Bunshaw, General Manager, National Delivery, DB Results
Tal Nathan, Head of Go to Market Aus, NTT
Session Chairman: Mr. James Chiao, Chairman & CEO, SmartCities Consulting Technology Co.
(2) SME Development Council:“Promoting Digitalization Among SMEs” (Meeting Room 217)
Martin Koval, Client Director, Pitcher Partners
Sudha Viswanathan, Client Director, Pitcher Partners on “Data analytics – overcoming the challenge of legacy systems to drive better business decisions”
Charly Gordon, Global Policy Lead, International Chamber of Commerce
Session Chairman: Mr. Jemal Inaishvili, Member, CACCI Advisory Board
(3) Asian Council on Food & Agriculture: “Recent Trends and Developments in the Food and Agriculture Sectors”(Meeting Room 218)
Professor Susan Dodds, Senior Deputy Vice-Chancellor, Research & Industry Engagement, La Trobe University
Justin Lemmens, CEO, Sustainable Foods Ltd.
Jen Taylor, Deputy Director, Science, Commonwealth Scientific and Industrial Research Organisation (CSIRO) Agriculture and Food
Session Chairman: Mr. Pradeep Kumar Shrestha, Managing Director, Panchakanya Group
(4) Young Entrepreneurs Group of Asia-Pacific: “Promoting Entrepreneurship in the Age of Economic Disruptions” (Meeting Room 216)
Julia Truong, Founder & Director, JT. Production Management
Michael Lim, Founder and Managing Director of Beyond Value
Vani Nades, Founder & CEO, Emstreet Holdings
Jay Thian, General Manager, Luxurily Group
Session Chairman: Mr. Rommel Gerodias, Vice Chairman of YEGAP; President A101 Innovations Inc.
(5) Asian Council on Tourism: “Post-COVID Trends and Challenges in Tourism” (Meeting Room 217)
Shae Keenan, Chief Marketing Officer, Visit Victoria
Syed Habib Ali, Chairman, Tourism Developers Association of Bangladesh
Gerelsaikhan Tsolmon, Head of Department of Foreign Relations and Cooperation, Mongolian National Chamber of Commerce and Industry
Session Chairman: Mr. Anura Lokuhetty, Chairman of Red Apple Travels & Holidays Lanka Pvt Ltd, Chairman of Luxury Villas and Hotel Management Pvt Ltd and Managing Director of Sooriya Resort and Spa.
12:30pm – 01:45pm Lunch Break (Foyer) 01:45pm – 02:45pm *Policy Advocacy Working Group Meeting (Meeting Room 218)
01:45pm-03:45pm “Discover Business Opportunities Through CACCI” (Meeting Rooms 219 & 220)
Victorian Chamber of Commerce and Industry – Presenter: Scott Venkeer, Chief Executive, Melbourne Chamber of Commerce.
Chinese National Association of Industry and Commerce (CNAIC) – Presenter: James Shi Chu, Secretary General
Federation of Pakistan Chambers of Commerce and Industry (FPCCI) – Presenter: Irfan Iqbal Sheikh, President.
Bogota Chamber of Commerce and Industry (Representing Pacific Alliance) – Presenter: Maria Monica Conde Barragan, Vice President of International Affairs.
Indian Ocean Rim Business Forum (IORBF) – Presenter: Sheikh Fazle Fahim, Chair, IORBF & President, Developing 8 National Chambers of Commerce and Industry) (To be confirmed)
Session Chairman/Moderator: Mr. George Abraham, Chairman and Managing Director, The GA Group Pte. Ltd.
03:45pm-5:00pm Business Matching meetings (Meeting Rooms 212 & 213)
The Hon. John Brumby AO, Chancellor of La Trobe University and a Professor (Honorary) in the Faculty of Business & Economic, University of Melbourne
NOVEMBER 29, 2022
36th CACCI Conference
Emerging Powerhouses: How chambers of commerce will define the new economy
As the world continues to recover from the COVID-19 pandemic, businesses around the world are actively seeking ways to create new commercial opportunities and navigate the changing operating environment. Chambers of Commerce are ideally placed to define the new economy and assist businesses navigate it. The Conference will explore the following themes and how Chamber of Commerce can play a leadership role: (a) How industries are transforming themselves in response to emerging demands and issues in the business environment; (b) Explore the combinations of big and little changes in technology, workforce demographics, customer needs, competition, and legislation happening every day that can transform the business environment; and (c) How business can leverage new and emerging opportunities for growth and profitability.
Welcome Remarks by Mr. Paul Guerra, Chief Executive, Victorian CCI
Welcome Statement by Mr. Samir Modi, President, CACCI
Keynote Address by Mr. John Denton AO, Secretary General, ICC World Chambers Federation
09:30am – 11:00amPlenary Session 1: The Evolving World Trading System: Implications for Business (Meeting Rooms 219 and 220)
The world needs trade and investment to drive growth and development. Trade and investment activity, in turn, results from a great quantity of individual commercial decisions taken by businesses, large and small, around the world. This session will discuss how Chambers of Commerce can position themselves as global players in influencing the emerging trade system. Speakers will share their views on ways in which the world trading system, beginning with the WTO which is at its center, can better serve the needs of today’s private enterprise, and how understanding and addressing these concerns will not only be beneficial for productivity and living standards across the world, but also would encourage private enterprises, especially smaller firms, to become more active participants and advocates for trade.
Mr. Dan Tehan, Former Australian Minister for Trade and Current Shadow Minister for Immigration (To be confirmed)
Mr. Bryan Clark, Director, Australian Centre for International Trade and Investment
Mr. Irfan Iqbal Sheikh, President, Federation of Pakistan Chambers of Commerce and Industry
Dr. Mohammad Khazaee, Director Gener for ICC Iran
Mr. Henrik Isakson, In-charge of Trade Affairs, Confederation of Swedish Enterprise
Session Chairman/Moderator: Dr. Andrew Stoeckel, Honorary Professor, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, Australian National University
11:30am – 12:30pm Plenary Session 2 Asian Business: Leveraging New Technologies to Drive Transformation and Growth (Meeting Rooms 219 and 220)
As more activities shift online post-COVID-19, the emerging digital has tremendous potential for further growth. This session will examine opportunities presented by new technologies (block chain, AI and machine learning, digital platforms, 3D printing, mobile payments, smart cities/smart health care, etc.) to make businesses – especially SMEs – more innovative, more efficient, less costly, increase their access to finance, and be more responsive to the changing needs of customers. Invited speakers will highlight the strengths of Asia-Pacific countries in driving innovation for sustainable and inclusive economic growth and point out how Chambers of Commerce can be a leading player in fostering innovation and entrepreneurship.
Mr. Andrew Cumpston, State Director, Victoria State Office, Department of Foreign Affairs and Trade
Mr. Mark Harwood, Chief Executive Officer, ygap
Dr. Alireza Yavari, Deputy President for International Affairs, ICCIMA
Mr. Aloysius Wee, Chairman, ASEAN Legal Alliance, Co-Managing Principal, Aquinas Law Alliance LLP
Session Chairman/Moderator: Mr. Peter McMullin AM, Founder, The Good Business Foundation, Vice President, CACCI
12:30pm – 01:45pm Lunch Break (Foyer)
02:00pm – 03:00pmPlenary Session 3: Sectoral Strategies for Business Recovery to Ensure Regional Prosperity (Meeting Rooms 219 and 220)
The COVID-19 pandemic has resulted in large and abrupt drop in economic activity. The impact has varied dramatically across different sectors of the economy. This has highlighted the need for structural reforms to support sustainable economic recovery. Invited speakers will discuss the need for an analysis of different sectors, their potential for future growth, and the support they need to help them and the economies in the region get back on track. They will also elaborate on the importance of a stronger collaboration between governments and businesses to enable economies to address many of the challenges and ensure a sustainable and inclusive recovery. Central to this will the role Chambers of Commerce in the region can take in helping achieve this objective.
Mr. Rommel Gerodias, Vice Chairman, YEGAP, President A101 Innovations Inc.
Mr. Stuart Thomson, Executive Director, Good Business Foundation
Gerelsaikahan Tsolmon, Head of Department of Foreign Relations and Cooperation, Mongolian National Chamber of Commerce and Industry
Session Chairman/Moderator: Mr. Sheikh Fazle Fahim, Vice President, CACCI, Former President, FBCCI
03:00pm – 3:30pm Afternoon Tea Break (Foyer)
03:30pm – 04:30pmPlenary Session 4: Building Back Better: Creating a Business Model for a Resilient Future (Meeting Rooms 219 and 220)
The past two years have seen new challenges and opportunities emerging, prompting many companies to transform themselves and reinvent their business models. This session will feature business leaders who will share their views on how to capitalize on this new momentum, how to accelerate the innovation they have tapped, and how to optimize their businesses for the new global reality. They will elaborate on how a company must have its radar tuned to changes in the external environment and quickly react to refine or reinvent its business model. The session will address how Chambers of Commerce can support businesses across the Asia-Pacific through cross-sector partnerships, and how CACCI can play a role in influencing policy decisions at all levels to create a business environment capable of meeting future challenges.
Ms. Naina Subberwal Batra, CEO, Australian Venture Philanthropy Network
Mr. Khurram Sayeed, Former Vice President, Federation of Pakistan CCIs, CEO, Planet Energy Pvt Ltd
Mr. Manish Singhal, Deputy Secretary General, FICCI, Federation of Indian CCIs
04:45pm – 05:45pm 96th CACCI Council Meeting (Meeting Room 218) 06.30pm Gala Dinner
(1) Welcome Remarks
(2) Oathtaking Ceremony for YEGAP Members
(3) Presentation of CACCI Awards
(4) Presentation of Distinguished Service Award to Mr. Ken Court, CACCI Advisory Board Chairman
(5) Presentation of Certificates of Conferment as CACCI President Emeritus to Former Presidents Harvey Chang, Amb. Benedicto Yujuico and Jemal Inaishvili
(6) Presentation of Plaque of Appreciation to Victorian CCI
(7) Turnover Ceremonies for Incoming CACCI President
(8) Video Presentation on Venue of 37th CACCI Conference
NOVEMBER 30, 2022
(1) Optional Post-Conference City-Tour
(2) Departure of delegates
Here is the video about Melbourne, to give members an idea on what the city has to offer and what awaits ahead during CACCI’s annual Conference next year.
Registration HERE.
Late registrant please contact CACCI Secretariat at cacci@cacci.biz
https://www.youtube.com/watch?v=xcBPVFxgaUw
CACCI VP McMullin meets Indonesian Minister, KADIN, ICC & B20
CACCI Vice President Peter McMullin AM attended a range of meetings recently on his visit to Indonesia starting mid-June 2022. During the first leg of his itinerary, VP McMullin met with Indonesian International Chamber of Commerce (ICC) Executive Director Lusiana S. Indomo; Executive Coordinator of the Asia-Pacific Centre of Entrepreneurship Jakarta Hub Nunki Juniarti; and […]
CACCI VP McMullin meets Indonesian Minister, KADIN, ICC & B20
CACCI Vice President Peter McMullin AM attended a range of meetings recently on his visit to Indonesia starting mid-June 2022. During the first leg of his itinerary, VP McMullin met with Indonesian International Chamber of Commerce (ICC) Executive Director Lusiana S. Indomo; Executive Coordinator of the Asia-Pacific Centre of Entrepreneurship Jakarta Hub Nunki Juniarti; and Mr. Haryadi Sarpini from the ICC Banking Commission in Jakarta. The meetings were productive in understanding the local business dynamics, and the measures taken by government and industry as Indonesia continues recovering from the COVID-19 Pandemic.
Mr. McMullin’s also included a visit to West Java where he observed Fin Tech CROWDE’s collaborative work with medium sized farmers through a loan guarantee system providing jobs and secure incomes for rural people.
The last stage of his Indonesian trip was in Bali, where he attended the B20 Network Partners Consultation and the Asian Venture Philanthropy Network (AVPN) Conference 2022 held from June 21-24, 2022. During this high-level setting, Mr. McMullin also had the opportunity to met with a range of important business and political leaders, including the Minister for Tourism and the Creative Economy of Indonesia, Mr. Sandiaga Uno, and KADIN Chairman Mr. Arsjad Rasjid.
After Indonesia, Mr. McMullin’s international program continued with a visit to Singapore for high level meetings with local business leaders before returning to Australia.
CACCI Profile – June edition available
Taipei – We are pleased to announce that the June 2022 issue of CACCI Profile is now available! Please click HERE to read or download. This month’s issue includes reports on the CACCI Director-General meeting with Taiwan Representative of CACCI Member Countries, Preparations for the 36th CACCI Conference, recent meeting of the YEGAP Executive Committee, other […]
Taipei – We are pleased to announce that the June 2022 issue of CACCI Profile is now available! Please click HERE to read or download.
This month’s issue includes reports on the CACCI Director-General meeting with Taiwan Representative of CACCI Member Countries, Preparations for the 36th CACCI Conference, recent meeting of the YEGAP Executive Committee, other news from Member Chambers, along with a wide range of articles relevant to business and trade.
It is our ardent hope that this monthly publication is useful to you and your work, and enables you to know more about the CACCI, our members, and their activities.
If you wish other members of your organization to receive a copy of the CACCI Profile, please send us their names, titles/positions, and email addresses through cacci@cacci.biz
We would also appreciate receiving your comments on how we can further improve the CACCI Profile in terms of its format and contents.
If you have any articles you wish to share with our members, you are welcome to send these to us, with accompanying photos if possible through cacci@cacci.biz.
YEGAP holds second Executive Committee Meeting of the year
The YEGAP Executive Committee held its second meeting for 2022 on June 14, 2022, at 2:00 PM Taipei Time, with YEGAP Chairman Mr. Mangesh Lal Shrestha presiding. Discussions focused on updates regarding the plans of each of the six YEGAP committees, as well as proposed YEGAP activities in preparation for the upcoming 36th CACCI Conference that will be held in Melbourne in late […]
YEGAP holds second Executive Committee Meeting of the year
The YEGAP Executive Committee held its second meeting for 2022 on June 14, 2022, at 2:00 PM Taipei Time, with YEGAP Chairman Mr. Mangesh Lal Shrestha presiding. Discussions focused on updates regarding the plans of each of the six YEGAP committees, as well as proposed YEGAP activities in preparation for the upcoming 36th CACCI Conference that will be held in Melbourne in
late November.
Among the items discussed included:
• YEGAP Breakout Session on Day 1 of the Conference, which will introduce YEGAP and talk about what the group has done so far as well as activities for the future and plans for expansion. It will also include a discussion on “Taking Asia towards an Entrepreneurship-Driven Recovery.”
• Plenary Session 3 on Day 2 of the Conference, which will focus on “Sectoral Strategies for Business Recovery to Ensure Regional Prosperity.” This session will invite speakers who will share their perspectives on the need for an analysis of different sectors, their potential for future growth, and the support they need to help them and economies in the region get back on track. The Executive Committee may be able to nominate speakers to represent YEGAP during this session.
• Oathtaking Ceremony for the YEGAP Executive Committee which will take place during the Gala Dinner on Day 2 of the Conference. It will allow the EC members to affirm their commitment to the duties associated with their role in YEGAP, and to be recognized by CACCI leaders, members, and guests.
• MOU Signing with other young entrepreneur groups from the region and outside outlining possible areas of collaboration.
• Networking sessions to be conducted with CACCI Officers and Council Members is also being considered along with fun social interaction sessions (i.e. wine and dine events), a strategic Executive Committee Meeting to be conducted offsite, site visits, as well as strategic meetings with Australian Government or Australian Young Entrepreneurs groups.
Salauddin Yousuf, CACCI Lifetime Special Member from Bangladesh wins Dairy Icon award
Director of Companiganj Agro-Industries Limited Md Salauddin Yousuf receives the ‘Dairy Icon’ award in Milk/Meat processing value category from Fisheries and Livestock Minister SM Rezaul Karim.
Salauddin Yousuf, CACCI Lifetime Special Member from Bangladesh wins Dairy Icon award
Director of Companiganj Agro-Industries Limited Md Salauddin Yousuf receives the ‘Dairy Icon’ award in Milk/Meat processing value category from Fisheries and Livestock Minister SM Rezaul
Karim.
New CACCI Director-General Meets with Taiwan Representatives of CACCI Member Countries
CACCI Director-General Mr. David Hsu paid visits to the embassies of Thailand, Mongolia and Malaysia in May and June. The purposes of these meetings included: (1) to get a further understanding on each country’s latest economic development; (2) to introduce to them each country’s participation and involvement in CACCI’s activities; and (3) to request for their strong support of CACCI’s activities and increase the […]
New CACCI Director-General Meets with Taiwan Representatives of CACCI Member Countries
CACCI Director-General Mr. David Hsu paid visits to the embassies of Thailand, Mongolia and Malaysia in May and June. The purposes of these meetings included: (1) to get a further understanding on each country’s latest economic development; (2) to introduce to them each country’s participation and involvement in CACCI’s activities; and (3) to request for their strong support of CACCI’s activities and increase the cooperation and interaction between CACCI
and these countries.
Visit to the Thailand Trade and Economic Office
a. Thailand Trade and Economic Office – Mr. David Hsu, former CACCI Director-General Mr. Ernest Lin and CTBC Financial Holding Company Consultant Mr. Joseph Huang met with Mr. Twekiat Janprajak, Executive Director, Thailand Trade & Economic Office, on May 3.
Visit to the Ulaanbaatar Trade and Economic Representative Office in Taipei
b. Ulaanbaatar Trade and Economic Representative Office in Taipei – Mr. David Hsu, accompanied by CTBC Financial Holding Company Consultant Mr. Joseph Huang and CACCI Senior Officer Ms. Wendy Yang, made a courtesy call on the Mongolian Representative Mr. Zolzaya Lkhagvasuren on June 7.
Visit to the Malaysian Friendship and Trade Centre, Taipei
c. Malaysian Friendship and Trade Centre, Taipei – Mr. David Hsu, accompanied by former CACCI Director-General Mr. Ernest Lin and CTBC Financial Holding Company Consultant Mr. Joseph Huang, paid a visit to Ms. Sharon Ho Swee Peng, President of Malaysian Friendship and Trade Centre, Taipei on June 20.
CACCI Newsletter on Food and Agriculture available
We are pleased to issue the Eighteenth Volume of CACCI Food and Agriculture Newsletter, the latest publication of the Asian Council on Food and Agriculture raedy for download HERE. We hope this publication will serve as an effective platform for an exchange of information among the food & agriculture sector in the CACCI region. Members are, […]
CACCI Newsletter on Food and Agriculture available
We are pleased to issue the Eighteenth Volume of CACCI Food and Agriculture Newsletter, the latest publication of the Asian Council on Food and Agriculture raedy for download HERE.
We hope this publication will serve as an effective platform for an exchange of information among the food & agriculture sector in the CACCI region. Members are, therefore, encouraged to contribute articles for our future issues. Kindly forward your materials (preferably with accompanying photos) to: wendy.yang@cacci.biz .
CACCI Profile – May edition available
Taipei – We are pleased to announce that the May 2022 issue of CACCI Profile is now available! Please click here to read or download. This month’s issue includes a recap of the first meeting of the Young Entrepreneurs Group of Asia-Pacific (YEGAP) for the year 2022. It also includes details on the CACCI Secretariat’s […]
Taipei – We are pleased to announce that the May 2022 issue of CACCI Profile is now available! Please click here to read or download.
This month’s issue includes a recap of the first meeting of the Young Entrepreneurs Group of Asia-Pacific (YEGAP) for the year 2022. It also includes details on the CACCI Secretariat’s recent meeting with officers of the Asian Council for Small Business (ACSB) Philippines. Additionally, the newsletter features the latest news from Member Chambers, along with a wide range of articles relevant to business and trade.
It is our ardent hope that this monthly publication is useful to you and your work, and enables you to know more about the CACCI, our members, and their activities.
If you wish other members of your organization to receive a copy of the CACCI Profile, please send us their names, titles/positions, and email addresses through cacci@cacci.biz
We would also appreciate receiving your comments on how we can further improve the CACCI Profile in terms of its format and contents.
If you have any articles you wish to share with our members, you are welcome to send these to us, with accompanying photos if possible through cacci@cacci.biz.
CACCI VP Peter McMullin call on former President Xanana Gusmao
On 20 May, Dr Jose Ramos Horta was sworn in as the new president of Timor-Leste after a solid victory on the 19 March 2022 election. Dr. Horta clearly defeated a crowded field of 16 candidates with the critical support of the country’s pre-eminent political figure, Xanana Gusmao, who is considered the founding father of […]
CACCI VP Peter McMullin call on former President Xanana Gusmao
On 20 May, Dr Jose Ramos Horta was sworn in as the new president of Timor-Leste after a solid victory on the 19 March 2022 election.
Dr. Horta clearly defeated a crowded field of 16 candidates with the critical support of the country’s pre-eminent political figure, Xanana Gusmao, who is considered the founding father of Timor-Leste.
During the inaugural events of Dr. Horta’s Presidency, CACCI Vice President Peter McMullin had the opportunity to call on former President Xanana Gusmao to congratulate him for the coalition’s success and show CACCI’s interest in continuing helping Timor-Leste’s policies for economic development and trade.
In the photo, Executive Director of The Good Business Foundation Stuart Thompson, CACCI Vice President Peter McMullin, former President Xanana Gusmao, and other guests.
CACCI and Asian Council for Small Business Philippines Conduct Virtual Meeting
Officers of the Asian Council for Small Business (ACSB) Philippines met virtually with CACCI Secretariat staff led by Director-General Mr. David Hsu on May 19 to exchange views on possible areas of cooperation. ACSB Philippines President Ms. Arlene Martinez and Founding Trustee Ms. Yayu Javier made an introduction on their organization, including its function, operation and strategic goals, though a PowerPoint presentation. They reported that ACSB Philippines is part […]
CACCI and Asian Council for Small Business Philippines Conduct Virtual Meeting
Officers of the Asian Council for Small Business (ACSB) Philippines met virtually with CACCI Secretariat staff led by Director-General Mr. David Hsu on May 19 to exchange views on possible areas of cooperation.
ACSB Philippines President Ms. Arlene Martinez and Founding Trustee Ms. Yayu Javier made an introduction on their organization, including its function, operation and strategic goals, though a PowerPoint presentation. They reported that ACSB Philippines is part of the Asian Council for Small Business which, in turn, is a member of the International Council for Small Business (ICSB), which is the global platform established in support of SMEs.
In its presentation, ACSB Philippines also shared that it has established partnerships with different private organizations and government agencies, including The Department of Trade and
Industry of the Philippines (DTI). Since its launch in 2021, ACSB Philippines has aimed to help the 900,000 SMEs in the Philippines explore the access to ASEAN and global markets, as well as up
skill them through technology, science-based and data-driven strategies, and business continuity management.
In response, CACCI Director-General Mr. David Hsu expressed the interest in working with ACSB Philippines, adding that CACCI is open all possibilities of cooperation. Taking the opportunity, the CACCI Secretariat also informed ACSB Philippines that there are CACCI Product & Service Councils of different industry sectors which may be of interest to ACSB Philippines to join. In addition, there are CACCI Awards programs for outstanding SMEs, young entrepreneurs, and women entrepreneurs in Asia-Pacific. Should members of ACSB Philippines be interested in joining the they may approach Philippine Chamber of Commerce and Industry (PCCI) for assistance when the nomination opens, the CACCI Secretariat informed the ACSB Philippine officers.
To sum up, the two sides recognized the success of this meeting and looked forward to more cooperation in the future.
CACCI Profile – April edition available
Taipei – The April 2022 issue of the monthly CACCI Profile newsletter is available in PDF format and ready for download HERE. This month’s issue includes the CACCI’s appointment of its new Director-General David Hsu and details about the 36th CACCI Conference’s focus on Emerging Opportunities in a Changing Business Environment, among many other news. […]
Taipei – The April 2022 issue of the monthly CACCI Profile newsletter is available in PDF format and ready for download HERE.
This month’s issue includes the CACCI’s appointment of its new Director-General David Hsu and details about the 36th CACCI Conference’s focus on Emerging Opportunities in a Changing Business Environment, among many other news. It also includes details on Create the connection: 9th Smart City Summit & Expo in Taiwan, along with a wide range of articles relevant to business and trade.
It is our ardent hope that this monthly publication is useful to you and your work, and enables you to know more about the CACCI, our members, and their activities. If you wish other members of your organization to receive a copy of the CACCI Profile, please send us their names, titles/positions, and email addresses through cacci@cacci.biz
We would also appreciate receiving your comments on how we can further improve the CACCI Profile in terms of its format and contents. If you have any articles you wish to share with our members, you are welcome to send these to us, with accompanying photos if possible through cacci@cacci.biz.
YEGAP holds first Executive Committee meeting for 2022
The first virtual meeting of the YEGAP Executive Committee (EC) for 2022 was held on April 25, 2022, at 2:00 PM Taipei Time. Chaired by YEGAP Chairman Mr. Mangesh Lal Shrestha, the meeting focused on the plans of each of the six YEGAP committees, as well as upcoming YEGAP activities during the 36th CACCI Conference that will be held in Melbourne in […]
YEGAP holds first Executive Committee meeting for 2022
The first virtual meeting of the YEGAP Executive Committee (EC) for 2022 was held on April 25, 2022, at 2:00 PM Taipei Time. Chaired by YEGAP Chairman Mr. Mangesh Lal Shrestha, the meeting focused on the plans of each of the six YEGAP committees, as well as upcoming YEGAP activities during the 36th CACCI Conference that will be held in Melbourne in November.
The meeting kicked off with the YEGAP committee chairs outlining their plans for their respective committees and providing updates on what they have done this far. The chairs and their
committees are as follows: Khulan Davaadorj for the Learning and Networking Committee, Jay Thian and Charmaine Leong for the Engagement, Branding & Communication Committee, Michael
Lee for the Membership and Partnership Alliance Committee, Rommel Gerodias for the Strategic Planning, Governance and By-Laws Committee, Rishabh Shroff for the Policy Advocacy Committee, and Richard Lin for the Programs & Events Committee.
The EC then proceeded to discussions on YEGAP Activities during the 36th CACCI Conference, which is scheduled to be held in Melbourne, Australia on November 28-29, 2022.
Among the items discussed were the following:
• YEGAP Breakout Session on Day 1 of the Conference, which will introduce YEGAP and talk about what the group has done so far as well as activities for the future and plans for expansion. It will also include a discussion on “Taking Asia towards an Entrepreneurship-Driven Recovery.”
• Plenary Session 3 on Day 2 of the Conference, which will focus on “Sectoral Strategies for Business Recovery to Ensure Regional Prosperity.” This session will invite speakers who will share
their perspectives on the need for an analysis of different sectors, their potential for future growth, and the support they need to help them and economies in the region get back on track. The Executive Committee may be able to nominate a speaker or speakers to represent YEGAP during this session.
• Oathtaking Ceremony for the YEGAP Executive Committee which will take place during the Gala Dinner on Day 2 of the Conference. It will allow the EC members to affirm their commitment to the duties, responsibilities and obligations associated with their role in YEGAP, and as well give formal recognition to the EC members in front of CACCI leaders, members, and guests.
A networking session to be conducted with CACCI Officers and Council Members is also being considered along with fun social interaction sessions (i.e. wine and dine events), a strategic Executive Committee Meeting to be conducted offsite, site visits, as well as strategic meetings with Australian Government or Australian Young Entrepreneurs groups.
Mangesh presented a timeline of tasks to be completed in preparation for the Conference and next steps for each committee. He proposed that EC meetings be held every 45 days hence, which the committee members all agreed to. The next meeting of the YEGAP Executive Committee Meeting will thus be held in mid-June.
CACCI appoints new Director-General
After years of service to CACCI, Mr. Ernest Lin has announced his intention to retire from his role as Director-General. Effective April 18, 2022, the role will be filled by Mr. Da-wei (David) Hsu. Mr. Hsu was most recently Director at the Professional Training Center of Taiwan’s Ministry of Foreign Affairs (MOEA). Over the years, […]
After years of service to CACCI, Mr. Ernest Lin has announced his intention to retire from his role as Director-General. Effective April 18, 2022, the role will be filled by Mr. Da-wei (David) Hsu.
Mr. Hsu was most recently Director at the Professional Training Center of Taiwan’s Ministry of Foreign Affairs (MOEA). Over the years, he has served in various official capacities at the MOEA, and had been posted in various countries both in and outside the Asian region. He was the Economic Director at the Taipei Economic and Cultural Office (TECO) in Jordan from 1992 to 1995; Commercial Director of TECO in Toronto from 2000 to 2008; Economic Counselor of the Taiwan Embassy in Panama from 2002 to 2006; Economic Director at the TECO in India from 2009 to 2013; and Director of the Economic Division at the TECO in Malaysia from 2018 to 2020.
In Taiwan, some of his most notable positions at the MOEA include serving as Director of the International Cooperation Department from 1997 to 1998; as Director of the Small & Medium Enterprises Administration in 2006 to 2008; as Director of the Bureau of Foreign Trade from 2008 to 2009; and as Deputy Director General of the Bureau of Foreign Trade from 2013 to 2018.
CACCI joins NGO Committee on Language and Languages
The Confederation of Asia-Pacific Chambers of Commerce and Industry (CACCI) joined as one of the 22 inaugural and constituting members of the “NGO Committee on Language and Languages” organized by the Conference of NGOs in Consultative Status with the United Nations (CoNGO), of which CACCI is a member. The formation of the Committee was first […]
CACCI joins NGO Committee on Language and Languages
The Confederation of Asia-Pacific Chambers of Commerce and Industry (CACCI) joined as one of the 22 inaugural and constituting members of the “NGO Committee on Language and Languages” organized by the Conference of NGOs in Consultative Status with the United Nations (CoNGO), of which CACCI is a member. The formation of the Committee was first proposed in December 2019 under the initiative of Mr. Humphrey Tonkin, President & University Professor of the Humanities, Emeritus, University of Hartford.
According to CoNGO: “Fundamental to the work of the United Nations is the spoken and written word. The United Nations is a place of negotiation and action in which language and communication underlie everything that it does. The UN Secretariat works in two languages; the General Assembly works in six; the various members of the UN family have their own language policies, intended to promote inclusion. Beyond its official languages, the United Nations interacts with the public in a host of other languages. “We need to come together,” Secretary-General Guterres recently declared, “not only to talk but to listen.” Multilingualism is honoured and encouraged in the work of the United Nations.
“Written into many international instruments created or promoted by the United Nations is the principle of non-discrimination on the basis of language. The Universal Declaration of Human Rights stresses access to education, a right to enjoy one’s own culture, a right to a fair trial, and numerous other rights that are dependent on language.
“There is currently no NGO committee that concerns itself with language and language policy, despite the fact that all international NGOs must grapple, to a greater or lesser extent, with language difference. And there are numerous NGOs directly concerned with the teaching of language, with interpretation and translation, and with communication with the public.
“An NGO Committee on Language and Languages could give its attention to UN language policy, to the work of interpreters and translators, to the use of language in the field, and to numerous other aspects of language, among them also the preservation of endangered languages and the promotion of language learning.
“Put in concrete terms, the proposed Committee will cover both language use at the UN (sexist language, the language of hate, the language of peace, human rights language) and the use of languages at the UN (provision of translation and interpretation, documentation, outreach to speakers of other languages, parity among languages, protection and promotion of indigenous languages, etc.).
The founding meeting of the Committee was held virtually on September 9, 2021, mainly to discuss basic matters, including the creation of by-laws and agreement on goals, the establishment of an initial organizing committee, decisions on frequency and topics of meetings, among others. The Committee also agreed to meet regularly for possible briefing sessions on any of the following topics:
UN language policies and services (with briefing by UN personnel)
Briefings by NGOs on language-relate issues (internal language policies, hiring of multilingual personnel, policy issues relating to languages, protection of language workers, etc.)
Language and education (perhaps in cooperation with the NGO Committee on Education)
Linguistic justice (language and human rights, non-discrimination on grounds of language, etc.) and programmes of UNESCO related to language (endangered languages, indigenous languages, language in education, etc.)
Sign language
The Committee held its inaugural briefing session virtually on December 7, 2021. Focusing on the theme “Multilingualism and the United Nations: Policy, Practice, and Prospects,” the inaugural session served to publicly launch the NGO Committee on Language and Languages by providing an overview of the current state of multilingualism at the United Nations as well as prospects for the future of multilingualism.
CACCI Profile – March edition available
Taipei – The March 2022 issue of the monthly CACCI Profile newsletter is available in PDF format and ready for download here. This month’s issue includes an announcement on the dates of the 36th CACCI Conference and a feature on the recently concluded CACCI Planning Committee Meeting. It also includes details on the CACCI-CNAIC forum on […]
Taipei – The March 2022 issue of the monthly CACCI Profile newsletter is available in PDF format and ready for download here.
This month’s issue includes an announcement on the dates of the 36th CACCI Conference and a feature on the recently concluded CACCI Planning Committee Meeting. It also includes details on the CACCI-CNAIC forum on regional economic integration held last March 15. Additionally, the newsletter features the latest news from Member Chambers, along with a wide range of articles relevant to business and trade.
It is our ardent hope that this monthly publication is useful to you and your work, and enables you to know more about the CACCI, our members, and their activities. If you wish other members of your organization to receive a copy of the CACCI Profile, please send us their names, titles/positions, and email addresses through cacci@cacci.biz
We would also appreciate receiving your comments on how we can further improve the CACCI Profile in terms of its format and contents. If you have any articles you wish to share with our members, you are welcome to send these to us, with accompanying photos if possible through cacci@cacci.biz.
Cambodia Chamber of Commerce President Takes Over ASEAN BAC 2022 Chairmanship
Neak Oknha Kith Meng, President of the Cambodia Chamber of Commerce (2nd from left), receives the flag of the ASEAN Business Advisory Council (ASEAN BAC) from Mr. Kelvin Ng Tien Long, Charg’e d’ Affaires of Brunei Darussalam to Cambodia (left), during the formal ASEAN BAC Chairmanship Handover Ceremony held on January 26, 2022. Chairman Kith […]
Cambodia Chamber of Commerce President Takes Over ASEAN BAC 2022 Chairmanship
Neak Oknha Kith Meng, President of the Cambodia Chamber of Commerce (2nd from left), receives the flag of the ASEAN Business Advisory Council (ASEAN BAC) from Mr. Kelvin Ng Tien Long, Charg’e d’ Affaires of Brunei Darussalam to Cambodia (left), during the formal ASEAN BAC Chairmanship Handover Ceremony held on January 26, 2022.
Chairman Kith Meng was accompanied by ASEAN BAC members from Cambodia Mr. Sok Piseth (right) and Mr. Van Souieng (2nd from right).
CACCI Secretariat Meets with ICC Centre of Entrepreneurship Indonesia
Executives and staff of the CACCI Secretariat attended the online meeting organized by the ICC Center of Entrepreneurship (CoE) on February 15, providing them an opportunity to meet with the team in charge of the Jakarta hub of CoE. Both sides took the occasion to introduce their respective organizations to each other, and to discuss […]
CACCI Secretariat Meets with ICC Centre of Entrepreneurship Indonesia
Executives and staff of the CACCI Secretariat attended the online meeting organized by the ICC Center of Entrepreneurship (CoE) on February 15, providing them an opportunity to meet with the team in charge of the Jakarta hub of CoE. Both sides took the occasion to introduce their respective organizations to each other, and to discuss possible areas of collaboration moving forward, particularly those aimed at promoting the development and growth of SMEs and in fostering the spirit of entrepreneurship in the region, especially among the young people.
The ICC CoE harnesses ICC’s network of national committees and chambers of commerce in over 100 countries to run capacity building programmes, trainings, and community workshops to address the challenges facing entrepreneurs and SMEs. It established its first Asia Pacific hub in Jakarta, Indonesia on October 25, 2021.
CACCI Joins 19th ASEAN-BAC JBCs Meeting
Mr. George Abraham, Chairman of the CACCI SME Development Council (2nd from left, bottom), represented CACCI in the 19th Joint Business Councils’ (JBC) Meeting held online on February 14, 2022 at 09:00 AM, Cambodia Time. Among others, the meeting was briefed on the Program – under the theme “Addressing Challenges Together” – of Cambodia Chamber […]
Mr. George Abraham, Chairman of the CACCI SME Development Council (2nd from left, bottom), represented CACCI in the 19th Joint Business Councils’ (JBC) Meeting held online on February 14, 2022 at 09:00 AM, Cambodia Time.
Among others, the meeting was briefed on the Program – under the theme “Addressing Challenges Together” – of Cambodia Chamber of Commerce as this year’s Chairman of the ASEAN Business Advisory Council (ASEAN-BAC). Each of the JBC Members was also given the opportunity to report on their ongoing and upcoming activities to support the ASEAN-BAC programs.
For his part, Mr. Abraham informed the meeting of the following activities being undertaken by CACCI: (a) Promotion of the CACCI study on “Achieving a Successful World Trading System”; (b) Review of the future growth strategy of CACCI (c) Survey on Members supply resources; (d) Restructuring and revitalizing of the CACCI Young Entrepreneurs Group; (e) Partnership with the Chinese National Association of Industry and Commerce (CNAIC) on the holding of the Business Forum on Regional Integration; (f) Participation inB20 Indonesia 2022 through membership in its Digitalization Task Force; and (g) Preparations for the 36th CACCI Conference. Mr. Abraham also cited possible areas on which CACCI can jointly work with other JBC members.
CACCI Profile – February edition available
Taipei – The February 2022 issue of the monthly CACCI Profile newsletter is available in PDF format and ready for download HERE. This month’s issue features an update on the CACCI Planning Committee Meeting on March 10, 2022, as well as a request for members to submit their suggestions for the theme and topics of […]
Taipei – The February 2022 issue of the monthly CACCI Profile newsletter is available in PDF format and ready for download HERE.
This month’s issue features an update on the CACCI Planning Committee Meeting on March 10, 2022, as well as a request for members to submit their suggestions for the theme and topics of the 36th CACCI Conference in November. It also includes details on President Samir Modi’s recent meeting with CACCI Vice Presidents. Additionally, the newsletter features the latest news from Member Chambers, along with a wide range of articles relevant to business and trade.
If you wish other members of your organization to receive a copy of the CACCI Profile, please send us their names, titles/positions, and email addresses through cacci@cacci.biz
We would also appreciate receiving your comments on how we can further improve the CACCI Profile in terms of its format and contents. Thank you for your kind attention, and we look forward to your continued support of the CACCI and its activities.
CACCI Planning Committee Meeting scheduled on March 10
The CACCI Planning Committee Meeting has been scheduled to be conducted virtually on March 10, 2022 at 2:00 PM Taipei/ 5:00 PM Melbourne time. The meeting will primarily discuss preparations for the 36th CACCI Conference to be hosted by the Victorian Chamber of Commerce and Industry (VCCI), the Melbourne Chamber of Commerce and Industry (MCCI), […]
CACCI Planning Committee Meeting scheduled on March 10
The CACCI Planning Committee Meeting has been scheduled to be conducted virtually on March 10, 2022 at 2:00 PM Taipei/ 5:00 PM Melbourne time.
The meeting will primarily discuss preparations for the 36th CACCI Conference to be hosted by the Victorian Chamber of Commerce and Industry (VCCI), the Melbourne Chamber of Commerce and Industry (MCCI), and the Australian Chamber of Commerce and Industry (ACCI) in Melbourne, Australia in November 2022. Discussion will mainly focus on the final Conference dates, Conference venue, theme, topics, speakers, and format, among others.
CACCI will soon be sending out the tentative agenda for the meeting, so that members and officers may begin to confirm their attendance. Additionally, members and officers will be asked to provide suggestions on economic, business or policy issues that are currently of great concern to the membership and business sector of the region as a whole, and thus should be tackled during the 2022 Conference.
Further information on both the Planning Committee meeting in March as well as the CACCI Conference in November 2022 will be sent out once these are available. In the meantime, members are encouraged to block out the relevant date on their schedule. For further information write to cacci@cacci.biz
“2022 Global Economic Outlook” Forum
CACCI is pleased to invite members, partners and friends to join the CNAIC 70th Anniversary Forward-thinking Forum – 2022 Global Economic Outlook and Regional Economic Integration to be held on March 15, 2022 at 14:00-16:20 hrs., Taipei Time. According to the “World Economic Outlook” released by the International Monetary Fund (IMF) in October 2021, the […]
CACCI is pleased to invite members, partners and friends to join theCNAIC 70th Anniversary Forward-thinking Forum – 2022 Global Economic Outlook and Regional Economic Integration to be held on March 15, 2022 at 14:00-16:20 hrs., Taipei Time.
According to the “World Economic Outlook” released by the International Monetary Fund (IMF) in October 2021, the global economy is projected to grow by 4.9 percent in 2022. While the global economy is seen to be on the path to recovery, many challenges remain, including the continued worldwide spread of the Omicron variant of the Covid-19 virus; the slowdown in employment growth; the rapid rise of inflation in the US and in some emerging markets and developing economies; and food security and climate change, among others. As the global supply chain is likely to remain impacted, the outlook of the economic development seems gloomy.
The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), which entered into force on December 30, 2018, is considered a regional trade agreement which upholds the rules-based scope and high-quality standards of the world trading system. It opens to economies which comply with its high standards, and has started accepting the second batch of membership applications in 2021. The Regional Comprehensive Economic Partnership (RCEP), which took effect on January 1, 2022, is currently the largest global free trade agreement with 15 member countries comprising 30 % of the global population and almost 30% of the global GDP. The development of CPTPP and RCEP as well as the regional economic integration in the future will certainly play an important role in deciding the global deployment of businesses.
To be held in a hybrid format, this Forum – which is co-organized by CNAIC and CACCI to commemorate CNAIC’s 70th Anniversary – will feature speakers and panelists who will share their insights on the latest global economic trends and the outlook of economic integration in the region.
Participation is free of charge.
For the complete Program and to register, please click HERE.
Confirmation Message, along with the Forum link and other relevant information, will be sent to registered participants on March 11.
Winners of the 2021 CACCI Awards Announced
The Confederation of Asia-Pacific Chambers of Commerce and Industry (CACCI) has recently announced the winners of the 2021 CACCI Awards. The announcement was made during the 94th CACCI Council Meeting held virtually on November 2, 2021. The following were declared this year’s winners of the following Awards The 9th CACCI Local Chamber Awards The […]
The Confederation of Asia-Pacific Chambers of Commerce and Industry (CACCI) has recently announced the winners of the 2021 CACCI Awards. The announcement was made during the 94th CACCI Council Meeting held virtually on November 2, 2021.
The following were declared this year’s winners of the following Awards
The 9th CACCI Local Chamber Awards
The winner of the 9th CACCI Local Chamber Award,Big Chamber category, is Chittagong Chamber of Commerce & Industry (CCCI) from Bangladesh. Considered the largest and most vibrant chamber in the country, CCCI has played a vital role in designing the fiscal policy since its establishment in 1906. It works as the bridge between the private and the public sector in designing national policy for export-import, manufacturing, industrialization, infrastructure development, trade, SME sector expansion, and employment generation to eradicate poverty as well as enhance economic development of the country.
Aydin Chamber of Commerce from Turkey was the winner for the Small Chamber category. The Chamber has been conducting studies that contribute to the city’s socio-economic development as well as developing the trade of the province. The Chamber also recognizes that one of the most important elements of trade is specialized fairs, and with this awareness, 197 fairs were organized in the last 5 years by the Chamber. It has also created a resource for the city by receiving grants from the EU and other funds to realise many projects that contributed to the well-being of its members and the province as a whole.
The CACCI Local Chamber Awards seek to recognize local chambers for their achievement in providing services to its members and to the community where its members operate.
The 8th Asia Pacific Young Entrepreneur Award
CACCI presented the 8th Asia Pacific Young Entrepreneur Award toMrs. Yuna Aleksandrovna Nikishkina, General Director, OOO SputNik from Russia. Mrs. Nikishkina started her business in February 2015. Three years later in March 2018, her original micro-enterprise was transformed into OOO Sputnik, whose main activity has become the production games and toys for children, as well as for the deaf and the blind. Recently, she got an account on Alibaba and entered the international market with her unique products.
The Asia-Pacific Award aims to recognize excellent young entrepreneurs in the Asia-Pacific rim who not only are successful in their business but also advocate corporate social responsibility for the good of their country.
The 3rd Asia Pacific Woman Entrepreneur Award
The 3rd Asia Pacific Woman Entrepreneur Award was won by Ms. Munktuvshin Oyundelger, CEO, Monolab, LLC from Mongolia. Ms. Oyundelger, PhD, Doctor of Philosophy in Medical Science, utilizes her knowledge, network and professionalism to provide necessary equipment to domestic health organizations. Her company Monolab LLC has been supplying high quality, new technology medical equipment from Germany, Korea and other developed countries since 1996. It has become an official distributor of HUMAN Gesellschaft fur Biochemica&Diagnostica mbH, one of the biggest layers in the world in vitro diagnostic device market in Mongolia.
The Asia-Pacific Woman Entrepreneur Award gives recognition to successful businesswomen who are at the same time a strong advocate of corporate social responsibility.
The winners will each receive US$2,000 cash prize and a trophy.
CACCI Profile – January edition available
Taipei – The January 2022 issue of the monthly CACCI Profile newsletter is available in PDF format and ready for download HERE. This month’s issue features an update on the CACCI Planning Committee Meeting on March 10, 2022, as well as a request for members to submit their suggestions for the theme and topics of […]
Taipei – The January 2022 issue of the monthly CACCI Profile newsletter is available in PDF format and ready for download HERE.
This month’s issue features an update on the CACCI Planning Committee Meeting on March 10, 2022, as well as a request for members to submit their suggestions for the theme and topics of the 36th CACCI Conference in November. It also includes details on President Samir Modi’s recent meeting with CACCI Vice Presidents. Additionally, the newsletter features the latest news from Member Chambers, along with a wide range of articles relevant to business and trade.
If you wish other members of your organization to receive a copy of the CACCI Profile, please send us their names, titles/positions, and email addresses through cacci@cacci.biz
We would also appreciate receiving your comments on how we can further improve the CACCI Profile in terms of its format and contents. Thank you for your kind attention, and we look forward to your continued support of the CACCI and its activities.
Young Entrepreneurs newsletter available
CACCI is pleased to make available the 21st edition of Young Entrepreneurs Group Asia-Pacific, the newsletter of the Young Entrepreneur Group of Asia-Pacific (YEGAP) under the chairmanship of Mangesh Lal Shrestha from Nepal. We hope that this edition– and the future ones– will continue to serve as an effective platform for an exchange of information among […]
CACCI is pleased to make available the 21st edition of Young Entrepreneurs Group Asia-Pacific, the newsletter of the Young Entrepreneur Group of Asia-Pacific (YEGAP) under the chairmanship of Mangesh Lal Shrestha from Nepal.
We hope that this edition– and the future ones– will continue to serve as an effective platform for an exchange of information among young entrepreneurs in the region.
If you wish to contribute articles or other materials that can be published in the next newsletter, you may send them through the CACCI Secretariat’s e-mail address at cacci@cacci.biz
Thank you and best regards.
Sincerely yours,
Ernest Lin Director-General
CACCI
CACCI Signs MOU with AFRADEC
The Confederation of Asia-Pacific Chambers of Commerce and Industry (CACCI) has signed a Memorandum of Understanding (MOU) with the Afro Asia-Pacific Development Council (AFRADEC) outlining principles and general guidelines for increased cooperation between the two organizations. AFRADEC is composed of companies and institutions from Africa and the Asia-Pacific regions which are engaged in international trade […]
The Confederation of Asia-Pacific Chambers of Commerce and Industry (CACCI) has signed a Memorandum of Understanding (MOU) with the Afro Asia-Pacific Development Council (AFRADEC) outlining principles and general guidelines for increased cooperation between the two organizations.
AFRADEC is composed of companies and institutions from Africa and the Asia-Pacific regions which are engaged in international trade and governance. It is a non-profit economic development platform for multi-lateral trade engagements and cultural linkages between and among businesses and institutions in the economies of Africa and the Asia-Pacific rim. Headquartered in Toronto, Canada, AFRADEC has offices and representations in some other locations in Africa, North America and the Asia-Pacific which are strategic in enabling the conduct of its operations and also to enhance greater access by its patrons to opportunities in the emerging markets of the African and Asia-Pacific economies.
President Mr. Samir Modi signed the MOU on behalf of CACCI while Founder and CEO Mr. Charles-Bruno Okpuruka was the signatory on the side of AFRADEC.
One of the provisions of the MOU was the appointment of the incumbent CACCI President and two incumbent CACCI Vice Presidents as members of the AFRADEC Board of Directors, and three members of the CACCI Advisory Board as members of the AFRADEC Advisory Council, subject to their availability.
CACCI SME Council Chair Participates in ICC Trade Now webinar
ICC held a webinar on November 30 entitled Trade Finance in Asia: Harnessing Digital Solutions to help Asian SMEs Trade Now, which will leverage the insights of expert panelists in order to assess the challenges and opportunities linked to trade finance in Asia and to start shaping a collective response that can foster both intra-Asian […]
CACCI SME Council Chair Participates in ICC Trade Now webinar
ICC held a webinar on November 30 entitled Trade Finance in Asia: Harnessing Digital Solutions to help Asian SMEs Trade Now, which will leverage the insights of expert panelists in order to assess the challenges and opportunities linked to trade finance in Asia and to start shaping a collective response that can foster both intra-Asian and inter-regional trade.
In the 2021 Trade Finance Gaps, Growth, and Jobs Survey, the Asia Development Bank estimates that the global trade finance gap has increased to $1.7 trillion during the COVID-19 pandemic in 2020 from $1.5 trillion in 2018. In this context, current trends point towards an increase in the overall value of the trade finance gap in Asia with the global share of the trade finance gap in Asia set to increase as the participation of banks in trade finance activities declines and the approval rates for SMEs steadily decrease. It is critical that the business community, international organizations, and national governments come together to effectively address the growing trade finance gap and help unleash the full potential of businesses in Asia. Ambitious action and sustained collaboration between these stakeholders can bring new tools and opportunities to SMEs, as they continue to struggle to secure much needed trade finance products and services.
ICC is looking to spearhead this effort with ICC Trade Now, a global campaign that aims to connect SMEs to innovative trade finance solutions through tailored partnerships with cutting edge solution providers. With this campaign, ICC will help scale up and leverage game-changing services that can support SMEs in Asia and globally. This webinar will provide a forum for all relevant stakeholders to assess the challenges and opportunities linked to trade finance in Asia and to start shaping a collective response that can foster both intra-Asian and inter-regional trade.
The webinar started off with introductory remarks delivered by ICC Secretary General John Denton. This was followed by a panel discussion on Addressing the trade finance gap in Asia: challenges and opportunities for SMEs, moderated by Shinta Widjaia Kamdani, ICC Regional Coordinator for Asia-Pacific, CEO of Sintesa Group and Vice Chairwoman of the Indonesian Chamber of Commerce and Industry. The speakers included:
Steven Beck, Head of Trade and Supply Chain Finance, ADB
George Abraham, Chairman, CACCI SME Development Council Chairman and Managing Director, The GA Group Pta. Ltd.
Rohit Mehrotra, Managing Director, NMK Textile Mills India Pvt Ltd
Yvonne Badam First Vice President, Head of Trade Product Management Division, RCBC
Yann Duval, chief of Trade Policy and Facilitation, UNESCAP
Afterward, the session moved on to ICC Trade Now, starting with an introduction by Charly Gordon, ICC Global Development Director, followed by partner presentations that included:
John Collis, Co-Founder, TradeFlow Capital Management
Lincoln Yin, Founder & CEO, RootAnt
Lodha Vikram, Co-founder & CEO, 360tf
CACCI Tourism newsletter available
Taipei – CACCI is pleased to inform all members that the 25th Volume of CACCI Tourism Newsletter is available for download HERE. We hope that this publication will serve as an effective platform for an exchange of information among the tourism sector in the CACCI region. Members are, therefore, encouraged to contribute articles for our future issues. […]
Taipei – CACCI is pleased to inform all members that the 25th Volume of CACCI Tourism Newsletter is available for download HERE.
We hope that this publication will serve as an effective platform for an exchange of information among the tourism sector in the CACCI region. Members are, therefore, encouraged to contribute articles for our future issues. Kindly forward your materials (preferably with accompanying photos) to wendy.yang@cacci.org.tw
Thank you, and with best regards.
Sincerely yours,
Ernest Lin Director-General
CACCI
CACCI Profile – December edition available
Taipei – The December 2021 issue of the monthly CACCI Profile newsletter is available in PDF format and ready for download HERE. It is our ardent hope that this monthly publication is useful to you and your work, and enables you to know more about the CACCI, our members, and their activities. If you wish other members […]
Taipei – The December 2021 issue of the monthly CACCI Profile newsletter is available in PDF format and ready for download HERE.
It is our ardent hope that this monthly publication is useful to you and your work, and enables you to know more about the CACCI, our members, and their activities. If you wish other members of your organization to receive a copy of the CACCI Profile, please send us their names, titles/positions, and email addresses through cacci@cacci.biz
We would also appreciate receiving your comments on how we can further improve the CACCI Profile in terms of its format and contents. Thank you for your kind attention, and we look forward to your continued support of the CACCI and its activities.
XVII CACCI Health & Education newsletter available
Taipei – We are pleased to inform you that the sixteenth Volume of CACCI Health & Education Newsletter has been formally issued. You can download the newsletter HERE. We hope that this publication will serve as an effective platform for an exchange of information among the sector of health and education in the CACCI region. Members are, therefore, […]
XVII CACCI Health & Education newsletter available
Taipei – We are pleased to inform you that the sixteenth Volume of CACCI Health & Education Newsletter has been formally issued. You can download the newsletter HERE.
We hope that this publication will serve as an effective platform for an exchange of information among the sector of health and education in the CACCI region. Members are, therefore, encouraged to contribute articles for our future issues. Kindly forward your materials (preferably with accompanying photos) to wendy.yang@cacci.org.tw
CACCI 2021 Year-End Review
CACCI is pleased to publish the CACCI 2021 Year-End Review summarizing the Confederation’s activities over the past year. On behalf of CACCI, we would like to take this opportunity to thank members, partners and friends for the cooperation and assistance extended in undertaking CACCI’s projects and programs in 2021. Without this help, CACCI would not have […]
CACCI is pleased to publish the CACCI 2021 Year-End Review summarizing the Confederation’s activities over the past year.
On behalf of CACCI, we would like to take this opportunity to thank members, partners and friends for the cooperation and assistance extended in undertaking CACCI’s projects and programs in 2021. Without this help, CACCI would not have accomplished as much as it did amidst the continued challenges and difficulties that we all faced during the past year .
CACCI looks forward to the continued support of the CACCI and its activities, and we certainly hope to see our members, partners and friends under improved circumstances in 2022.
Ernest Lin Director-General Confederation of Asia-Pacific Chambers of Commerce and Industry
CACCI Journal of Commerce and Industry is now available
CACCI is pleased to announce the Second Semester 2021 issue of the CACCI Journal of Commerce and Industry is available HERE. It is our ardent hope that this publication will continue to serve as an effective platform for an exchange and sharing of information and ideas among CACCI members on issues impacting on the region’s […]
CACCI Journal of Commerce and Industry is now available
CACCI is pleased to announce the Second Semester 2021 issue of the CACCI Journal of Commerce and Industry is available HERE.
It is our ardent hope that this publication will continue to serve as an effective platform for an exchange and sharing of information and ideas among CACCI members on issues impacting on the region’s commerce and industry.
We would also like to take this opportunity to invite all members to contribute articles for the next issues of the Journal. Kindly send your materials to the CACCI Secretariat through our e-mail address at cacci@cacci.biz.
CACCI Joins ICC Webinar on Trade Finance in Asia
The International Chamber of Commerce (ICC) successfully hosted a webinar entitled “ICC Trade Now Event – Trade Finance in Asia: Harnessing Digital Solutions to Empower Asian SMEs to Trade Now” on November 30, 2031. Organized with the support of the Confederation of Asia-Pacific Chambers of Commerce & Industry (CACCI), the two-hour online session aimed to […]
The International Chamber of Commerce (ICC) successfully hosted a webinar entitled “ICC Trade Now Event – Trade Finance in Asia: Harnessing Digital Solutions to Empower Asian SMEs to Trade Now” on November 30, 2031.
Organized with the support of the Confederation of Asia-Pacific Chambers of Commerce & Industry (CACCI), the two-hour online session aimed to provide a forum for all relevant stakeholders to assess the challenges and opportunities linked to trade finance in Asia and to start shaping a collective response that can foster both intra-Asian and inter-regional trade. It was put together by the ICC in the context of ICC Trade Now, ICC’s dedicated global campaign to connect micro, small and medium-sized enterprises to innovative trade finance solutions.
CACCI nominated two speakers for the panel discussion on “Addressing the trade finance gap in Asia: challenges and opportunities for SMEs,” namely, Mr. George Abraham, Chairman of the CACCI SME Development Council from Singapore, and Ms. Yvonne Bada, Trade Product Management, Global Transaction Banking Group, Rizal Commercial Banking Corp. from the Philippines, member of the Asian Bankers Association, one of the Product and Service Councils of CACCI. Mr. Abraham and Ms. Bada shared their perspectives and experiences on the webinar topic.
The other speakers on this topic included Mr. Steven Beck, Head of Trade and Supply Chain Finance, Asian Development Bank; Mr. Rohit Mehrotra, Managing Director, NMK Textile Mills India Pvt. Ltd.; and Mr. Yan Duval, Chief of Policy Trade and Facilitation, UNESCAP.
36th CACCI Conference to be held on November 28-20, 2022 in Melbourne
CACCI is pleased to inform members that the 36th CACCI Conference will be held in Melbourne, Australia on 28-30 November 2022, thanks to the arrangements made by CACCI Vice President Mr. Peter McMullin. CACCI will send out relevant information (e.g., exact dates, Conference venue, etc.) as soon as these are available. In the meantime, members […]
36th CACCI Conference to be held on November 28-20, 2022 in Melbourne
CACCI is pleased to inform members that the 36th CACCI Conference will be held in Melbourne, Australia on 28-30 November 2022, thanks to the arrangements made by CACCI Vice President Mr. Peter McMullin.
CACCI will send out relevant information (e.g., exact dates, Conference venue, etc.) as soon as these are available. In the meantime, members are requested to already mark the 2022 calendar of events for the annual gathering next year.
Melbourne is the capital of the Australian state of Victoria, which is located in the southeastern part of Australia. Sitting on the banks of the Yarra River and around the shores of Port Phillip Bay, the city has a population of over 5 million.
Melbourne and the State of Victoria host some of Australia’s most prestigious events throughout the year, such as the Spring Racing Carnival culminating in the Melbourne Cup in November, the Australian Open Tennis in January, and the Melbourne Food & Wine Festival, among others.
Here is the video about Melbourne, to give members an idea on what the city has to offer and what awaits ahead during CACCI’s annual Conference next year.
https://www.youtube.com/watch?v=xcBPVFxgaUw
CACCI Profile – November edition available
Taipei – The November 2021 issue of the monthly CACCI Profile newsletter is available in PDF format and ready for download HERE. It is our ardent hope that this monthly publication is useful to you and your work, and enables you to know more about the CACCI, our members, and their activities. If you wish other members […]
Taipei – The November 2021 issue of the monthly CACCI Profile newsletter is available in PDF format and ready for download HERE.
It is our ardent hope that this monthly publication is useful to you and your work, and enables you to know more about the CACCI, our members, and their activities. If you wish other members of your organization to receive a copy of the CACCI Profile, please send us their names, titles/positions, and email addresses through cacci@cacci.biz
We would also appreciate receiving your comments on how we can further improve the CACCI Profile in terms of its format and contents. Thank you for your kind attention, and we look forward to your continued support of the CACCI and its activities.
CACCI Director-General hosts lunch for Philippine trade representative in Taiwan
CACCI Director-General and CTBC International Affairs Department Assistant Vice President Mr. Ernest Lin center) on November 23 hosted lunch for Mr. Anthony V. Rivera, newly appointed Director for Commercial Affairs, Philippine Trade and Investment Center Taipei (PTIC Taipei) (4th from left). Also attending the lunch were other officers and staff of the PTIC Taipei, the […]
CACCI Director-General hosts lunch for Philippine trade representative in Taiwan
CACCI Director-General and CTBC International Affairs Department Assistant Vice President Mr. Ernest Lin center) on November 23 hosted lunch for Mr. Anthony V. Rivera, newly appointed Director for Commercial Affairs, Philippine Trade and Investment Center Taipei (PTIC Taipei) (4th from left).
Also attending the lunch were other officers and staff of the PTIC Taipei, the CACCI Secretariat, and CTBC Financial Holding Co. Ltd.
CACCI Director-General hosts lunch for Indonesia trade representatives in Taiwan
A lunch was hosted on November 16, 2021 by CACCI Director-General and CTBC International Affairs Department Assistant Vice President Mr. Ernest Lin (left, left photo) for Indonesian Trade Representatives in Taiwan led by Director of Trade Department Mr, Sulistyono of the Indonesian Economic and Trade Office to Taipei (right, left photo). They were joined by […]
CACCI Director-General hosts lunch for Indonesia trade representatives in Taiwan
A lunch was hosted on November 16, 2021 by CACCI Director-General and CTBC International Affairs Department Assistant Vice President Mr. Ernest Lin (left, left photo) for Indonesian Trade Representatives in Taiwan led by Director of Trade Department Mr, Sulistyono of the Indonesian Economic and Trade Office to Taipei (right, left photo).
They were joined by Director of Investment Department Mr. Ali Fauzi (5th from left, right photo) and Director of Indonesian Citizens Protection and Social Cultural department Mr. Fajar Nuradi (3rd from left, below photo) and other officers of CACCI, CIECA and CTBC Commercial Bank.
“Making the WTO More Adaptable to the Economic and Trade Realities of Today” WTO Deputy Director-General Angela Paolini Ellard
Full Remarks of WTO Deputy Director-General Angela Paolini Ellard at the 35th CACCI Conference Good afternoon from Geneva, It is a great pleasure to speak to the Confederation and its members today — thank you for the invitation. First of all, I would like to congratulate the Confederation on its 35th Annual Conference and […]
“Making the WTO More Adaptable to the Economic and Trade Realities of Today” WTO Deputy Director-General Angela Paolini Ellard
Full Remarks of WTO Deputy Director-General Angela Paolini Ellard at the 35th CACCI Conference
Good afternoon from Geneva,
It is a great pleasure to speak to the Confederation and its members today — thank you for the invitation.
First of all, I would like to congratulate the Confederation on its 35th Annual Conference and its leadership over the past 55 years. You have made an important contribution into increasing business interaction and enhancing economic growth in the Asia-Pacific Region. Thank you also for the Policy Statement and the accompanying Report that you have transmitted to my colleague, Deputy Director-General Gonzalez.
I met with the Confederation and its members in my previous role on Capitol Hill in the U.S., and I look forward to continuing collaboration in my new capacity at the WTO.
Today, I am going to speak about how the WTO can help address the consequences of the COVID-19 pandemic, as well as how to address some of the challenges that the Organization faces today.
Let me start with the COVID-19 pandemic, which brought the global economy to a standstill for a significant period. When the pandemic struck, production and consumption across the world scaled back, and international trade appeared to be on its way to a persistent decline. However, in the summer of 2020, global merchandise trade began to recover, and by the end of the year, it was strongly rebounding in many countries and sectors, but not all.
In the first half of 2021, global trade continued to grow, as value chains recovered and demand in advanced economies increased. According to the latest WTO forecast, the volume of global merchandise trade is predicted to grow by 10.8 percent in 2021, followed by a 4.7 percent rise in 2022.
WTO rules have slowed, and even prevented, countries from taking very damaging measures. And our Trade Facilitation Agreement, although not designed with the pandemic in mind, has played an outsized role in worldwide
recovery. Countries that have embraced and rapidly implemented trade facilitating measures and infrastructure have generally proven more resilient, more adaptable, and better equipped to keep trade flowing despite COVID-19-related lockdowns, travel restrictions, and social distancing.
However, many developing countries are not experiencing the same economic growth pattern, and this trend is deeply concerning because the economic recovery rate is predicted to be faster for countries with higher vaccination rates. For many developing countries where vaccination rates are low – on average 3 percent – the path to recovery will be long and uncertain unless urgent measures are taken.
So, first and foremost, we need to make sure that people in developing countries have broad and unfettered access to vaccines, therapeutics, and other essential products and technologies needed to combat the pandemic. This is not just a moral imperative, but also a strategic and economic one. And, as you note in your Policy Statement, “free trade is the only solution” to this problem.
In fact, contributing to the global effort to combat the pandemic, in particular ensuring equitable access to vaccines, has been one of the top priorities of the WTO administration and membership. Our work has been focused on two dimensions: supply chains and intellectual property waiver negotiations.
As regards supply chains, we all know that producing vaccines is an extremely complicated process, involving facilities in many different countries. And this implies a lot of cross-border shipments of vaccine ingredients. Think about vaccines as a puzzle that comes together only when you have all the right pieces, but those pieces are strewn all over the world.
Trade enables the cross-border transfer of technology and development of supply chains for COVID-19 vaccine manufacturing. Trade helps manufacturers of vaccines and other products necessary to combat the pandemic to source highly specialized inputs that are not produced at home.
The WTO has played an important role in keeping the supply chains open and scaling up vaccine production. In this regard, I would like to highlight our work in preparing a list of trade-related bottlenecks and trade-facilitating measures on critical products to combat COVID-19. The WTO has also prepared an indicative list of critical COVID-19 vaccine inputs and a report on COVID-19 vaccines production and tariffs on vaccine inputs. This work is intended to help policymakers see the blockages and opportunities.
All of this may sound simple and straightforward, but it is not. Governments need know what exactly goes into a vaccine, and what are the products necessary to distribute and administer it, to make the necessary policy decisions to remove tariff and regulatory restrictions on imports of such goods. And while the average tariff on vaccines is merely 0.76 percent, average tariffs on vaccine ingredients, such as preservatives and adjuvants, are anywhere from 3 to 16 times higher.
Pandemic response, insofar as it concerns export restrictions, trade facilitation, and regulatory coherence, is on the agenda of our 12th Ministerial Conference, which is less than a month away. And we are also striving to develop a framework for addressing future pandemics. Ambassador Walker of New Zealand is working with Members to forge a ministerial outcome in this area.
The second stream of our pandemic-related work negotiations is focused on the proposal by India and South Africa to waive obligations under the WTO TRIPs agreement with respect to intellectual property. While those discussions are not as far along, it is essential to see a balanced and effective outcome.
Our experience with the pandemic has once again confirmed that trade has been and remains a powerful engine for economic growth. But we can’t take the ability to trade for granted. Exporting to foreign markets requires effort, and business needs to have confidence that the operational framework of trade is predictable, transparent, and relatively consistent. This is where the WTO, as the guardian of multilateral trade rules, comes into play.
But there is no way around the fact that the last few years have been difficult for the WTO and for trade’s reputation in general. The key element permeating discussions in the WTO these days is that we all acknowledge that the Organization needs reform. This was the Director-General’s message when she ran for the office, and we hear it from countless WTO Members, academics, and business representatives.
So, how can we make the WTO stronger? In my view, the best way to repair the Organization is to achieve results in key areas of our work. The upcoming 12th Ministerial Conference is an important milestone that offers a great opportunity for us to achieve concrete outcomes.
In addition to the pandemic work that I have just described, our top priority is to conclude the fisheries negotiations, which have been ongoing for 20 years. In those two decades, we have witnessed a sharp and alarming decrease in global fish stocks, which particularly threatens vulnerable artisanal fishers and damages ocean ecosystems.
Delegations are showing increasing engagement, and many are now signaling new flexibilities. We need to capitalize on all elements of convergence that are emerging as time is short. At this stage, we need political decisions to get to a balanced and robust outcome. This is important for the livelihood of millions of fisherwomen and men from coastal communities, and for the oceans and the fish. And it’s important to the credibility of the WTO as well, so even if you are not focused on this negotiation, you should care very much about the outcome.
The COVID-19 pandemic has brought about unprecedented growth in the digital and e-commerce sectors, which proved to be a lifeline for many businesses. It is estimated that the share of e-commerce in retail sales has risen from 16 percent in 2019 to 19 percent in 2020.
The WTO can create a harmonized policy-based framework for e-commerce to develop in an inclusive manner. At the same time, while acknowledging these benefits, many Members have also raised concerns regarding their ability to harness that potential given the digital divide. Some prevailing challenges in infrastructure, finance, resources, and governance still hinder broader e-commerce uptake. These concerns need to be addressed if e-commerce is to continue to play a supporting role in the global economic recovery. WTO Members have deepened their engagement on e-commerce issues — both under the multilaterally-agreed Work Programme on e-commerce as well as under the Joint Statement Initiative plurilateral discussions among 86 Members co-convened by three Asia-Pacific countries.
Sixty-five of our Members have completed negotiations for a Joint Statement Initiative on domestic regulation, aimed at ensuring that existing market access and national treatment commitments are not nullified by opaque and complex authorization procedures. The draft text contains a novel provision on non-discrimination between men and women in the context of authorization procedures for service suppliers. This will be the first provision of its kind in a WTO negotiated outcome.
As we know, there are many MSMEs in the services sector, and they will be the major beneficiaries of the new rules on domestic regulation and e-commerce. Another area where we see progress is environment and climate change. Of course, the WTO is not the place to establish global climate policy and how goals will be reached. But the WTO plays an important role because its rules govern measures and instruments that are relevant for implementing climate policies, such as tariffs, subsidies, and even regulation.
To transition to a low-carbon economy, countries need affordable access to advanced technologies. And open trade plays a critical role in providing such access. For example, the WTO can bring down tariffs on goods needed to get to net zero, such as solar panels and wind turbines, through an Environmental Goods Agreement.
The international community is now converging on the urgent challenges of climate and sustainability. Therefore, at MC12, we need a clear political signal from trade ministers that they recognize the importance of addressing these challenges, in particular through trade.
In addition, we need to update our rules on agriculture, an important and challenging issue for many Members. While negotiations are proving difficult, many Members believe that MC12 must have an outcome on agriculture. Members have been working on draft ministerial text circulated by the Chair of the negotiations. But gaps persist on the key issues of domestic support and public stockholding, which will set the level of ambition for the overall agriculture outcome. But if they are out of reach, we should still aim for outcomes on food security and transparency, and set a clear path for addressing other issues such as the special safeguard mechanism, cotton, export competition, and market access.
Finally, both old and new rules are toothless if there is no effective and efficient way to enforce them. We need to reform and revitalize the dispute settlement function to make sure that Members can seek redress and that there are effective remedies to violations of WTO rules.
The importance of a successful MC12 can hardly be overstated. It’s necessary to show that the WTO is back on track, fit for addressing the challenges of the 21st century, and can deliver for Members and people relying on trade to drive a strong economic recovery. To get there, we need a strong commitment and political will from all WTO Members, and the business community, to get tangible results.
At the same time, we have to be realistic because some issues may be more difficult and won’t conclude at MC12. For such issues, MC12 may focus on working toward a future outcome, with work programs to be developed in some areas.
It is also important to work to restore trust between Members, which has been shaken over the years. This is particularly visible in the relationships between developed and developing country Members of the WTO. Some developing countries feel that they are precluded from taking full advantage from the benefits and flexibilities provided to them as developing countries. By contrast, some developed countries have expressed concerns that certain countries with a high level of development unfairly benefit from being self-designated as developing.
MC12 is a good opportunity for Members listen to each other and increase the level of trust, through specific outcomes and by setting the table for next year.
I’d like to conclude with a plea. If you value the WTO, then it is important to make the case that it is relevant and that it is worth improving and modernizing. We can’t take for granted that everyone believes in the value of trade and establishing a rules-based system governing trade.
We very much appreciate your views on what reforms are needed, as expressed in your Policy Statement. The Confederation and its members are well-placed to make outreach directly with decision-makers in the region, as well as with the public at large. We have to demonstrate where the WTO has been successful, be honest about where it has not, and be ambitious as to how we can make it better. Businesses must be a voice for good, on matters that are in their immediate interest, as well as broader issues like climate change, fisheries, and access to vaccines.
We count on you.
Many thanks for your attention. I look forward to your questions and comments, and I look forward to working with you in the years to come.
35th CACCI Conference’s video recording and presentations’ files are ready
The Confederation of Asia-Pacific Chambers of Commerce and Industry (CACCI) would like to once again thank all its members and friends for registering in the recently concluded 35th CACCI Conference held virtually on November 2, 2021. We hope that your participation provided you not only to learn from the various speakers’ presentations on issues surrounding the […]
35th CACCI Conference’s video recording and presentations’ files are ready
The Confederation of Asia-Pacific Chambers of Commerce and Industry (CACCI) would like to once again thank all its members and friends for registering in the recently concluded 35th CACCI Conference held virtually on November 2, 2021.
We hope that your participation provided you not only to learn from the various speakers’ presentations on issues surrounding the Conference theme of “Sustainable and Resilient Growth Through a Robust World Trade”, but also to know more about CACCI and its activities.
We are pleased to provide hereunder the links to the video recording of the whole proceedings as well as to the speakers’ presentations, should you wish to go through them again at your convenience.
(1) 35th CACCI Conference’s video presentation, click HERE.
If you have further questions, please do let us know.
Once again, thank you and we look forward to your continued support of CACCI.
Sincerely yours,
Ernest Lin Director-General Confederation of Asia-Pacific Chambers of Commerce and Industry E-mail: cacci@cacci.biz URL: www.cacci.biz Tel: (886 2) 2760 1139
“We need to reform and revitalize the dispute settlement function” WTO Deputy Director General Angela Ellard
During the 35th CACCI Conference themed “Sustainable and Resilient Growth Through a Robust World Trade” on November 2, 2021, Ms. Angela Paolini Ellard, Deputy Director General of the World Trade Organization, made a presentation on “Making the WTO More Adaptable to the Economic and Trade Realities of Today.” In her presentation, Ms. Ellard made notable […]
“We need to reform and revitalize the dispute settlement function” WTO Deputy Director General Angela Ellard
During the 35th CACCI Conference themed “Sustainable and Resilient Growth Through a Robust World Trade” on November 2, 2021, Ms. Angela Paolini Ellard, Deputy Director General of the World Trade Organization, made a presentation on “Making the WTO More Adaptable to the Economic and Trade Realities of Today.”
In her presentation, Ms. Ellard made notable remarks that merit attention from CACCI members as our organization is engaged now in a drive to reform WTO. Ms. Ellard also answered some questions from the audience while Peter McMullin, CACCI Vice President, acted as the conference’s moderator.
Ms. Ellard’s remarks and the video recording of her speech are presented below. Her complete speech can be downloaded HERE.
Good afternoon from Geneva,
It is a great pleasure to speak to the Confederation and its members today — thank you for the invitation.
First of all, I would like to congratulate the Confederation on its 35th Annual Conference and its leadership over the past 55 years. You have made an important contribution into increasing business interaction and enhancing economic growth in the Asia-Pacific Region. Thank you also for the Policy Statement and the accompanying Report that you have transmitted to my colleague, Deputy Director-General Gonzalez.
I met with the Confederation and its members in my previous role on Capitol Hill in the U.S., and I look forward to continuing collaboration in my new capacity at the WTO.
Today, I am going to speak about how the WTO can help address the consequences of the COVID-19 pandemic, as well as how to address some of the challenges that the Organization faces today.
Let me start with the COVID-19 pandemic, which brought the global economy to a standstill for a significant period. When the pandemic struck, production and consumption across the world scaled back, and international trade appeared to be on its way to a persistent decline. However, in the summer of 2020, global merchandise trade began to recover, and by the end of the year, it was strongly rebounding in many countries and sectors, but not all.
In the first half of 2021, global trade continued to grow, as value chains recovered and demand in advanced economies increased. According to the latest WTO forecast, the volume of global merchandise trade is predicted to grow by 10.8 percent in 2021, followed by a 4.7 percent rise in 2022.
WTO rules have slowed, and even prevented, countries from taking very damaging measures. And our Trade Facilitation Agreement, although not designed with the pandemic in mind, has played an outsized role in worldwide recovery. Countries that have embraced and rapidly implemented trade facilitating measures and infrastructure have generally proven more resilient, more adaptable, and better equipped to keep trade flowing despite COVID-19-related lockdowns, travel restrictions, and social distancing.
However, many developing countries are not experiencing the same economic growth pattern, and this trend is deeply concerning because the economic recovery rate is predicted to be faster for countries with higher vaccination rates. For many developing countries where vaccination rates are low – on average 3 percent – the path to recovery will be long and uncertain unless urgent measures are taken.
So, first and foremost, we need to make sure that people in developing countries have broad and unfettered access to vaccines, therapeutics, and other essential products and technologies needed to combat the pandemic. This is not just a moral imperative, but also a strategic and economic one. And, as you note in your Policy Statement, “[f]ree trade is the only solution” to this problem.
In fact, contributing to the global effort to combat the pandemic, in particular ensuring equitable access to vaccines, has been one of the top priorities of the WTO administration and membership. Our work has been focused on two dimensions: supply chains and intellectual property waiver negotiations. As regards supply chains, we all know that producing vaccines is an extremely complicated process, involving facilities in many different countries. And this implies a lot of cross-border shipments of vaccine ingredients. Think about vaccines as a puzzle that comes together only when you have all the right pieces, but those pieces are strewn all over the world.
Trade enables the cross-border transfer of technology and development of supply chains for COVID-19 vaccine manufacturing. Trade helps manufacturers of vaccines and other products necessary to combat the pandemic to source highly specialized inputs that are not produced at home.
The WTO has played an important role in keeping the supply chains open and scaling up vaccine production. In this regard, I would like to highlight our work in preparing a list of trade-related bottlenecks and trade-facilitating measures on critical products to combat COVID-19. The WTO has also prepared an indicative list of critical COVID-19 vaccine inputs and a report on COVID-19 vaccines production and tariffs on vaccine inputs. This work is intended to help policymakers see the blockages and opportunities.
All of this may sound simple and straightforward, but it is not. Governments need know what exactly goes into a vaccine, and what are the products necessary to distribute and administer it, to make the necessary policy decisions to remove tariff and regulatory restrictions on imports of such goods. And while the average tariff on vaccines is merely 0.76 percent, average tariffs on vaccine ingredients, such as preservatives and adjuvants, are anywhere from 3 to 16 times higher.
Pandemic response, insofar as it concerns export restrictions, trade facilitation, and regulatory coherence, is on the agenda of our 12th Ministerial Conference, which is less than a month away. And we are also striving to develop a framework for addressing future pandemics. Ambassador Walker of New Zealand is working with Members to forge a ministerial outcome in this area.
The second stream of our pandemic-related work negotiations is focused on the proposal by India and South Africa to waive obligations under the WTO TRIPs agreement with respect to intellectual property. While those discussions are not as far along, it is essential to see a balanced and effective outcome.
Our experience with the pandemic has once again confirmed that trade has been and remains a powerful engine for economic growth. But we can’t take the ability to trade for granted. Exporting to foreign markets requires effort, and business needs to have confidence that the operational framework of trade is predictable, transparent, and relatively consistent. This is where the WTO, as the guardian of multilateral trade rules, comes into play.
But there is no way around the fact that the last few years have been difficult for the WTO and for trade’s reputation in general. The key element permeating discussions in the WTO these days is that we all acknowledge that the Organization needs reform. This was the Director-General’s message when she ran for the office, and we hear it from countless WTO Members, academics, and business representatives.
So, how can we make the WTO stronger? In my view, the best way to repair the Organization is to achieve results in key areas of our work. The upcoming 12th Ministerial Conference is an important milestone that offers a great opportunity for us to achieve concrete outcomes.
In addition to the pandemic work that I have just described, our top priority is to conclude the fisheries negotiations, which have been ongoing for 20 years. In those two decades, we have witnessed a sharp and alarming decrease in global fish stocks, which particularly threatens vulnerable artisanal fishers and damages ocean ecosystems.
Delegations are showing increasing engagement, and many are now signaling new flexibilities. We need to capitalize on all elements of convergence that are emerging as time is short. At this stage, we need political decisions to get to a balanced and robust outcome. This is important for the livelihood of millions of fisherwomen and men from coastal communities, and for the oceans and the fish. And it’s important to the credibility of the WTO as well, so even if you are not focused on this negotiation, you should care very much about the outcome.
The COVID-19 pandemic has brought about unprecedented growth in the digital and e-commerce sectors, which proved to be a lifeline for many businesses. It is estimated that the share of e-commerce in retail sales has risen from 16 percent in 2019 to 19 percent in 2020.
The WTO can create a harmonized policy-based framework for e-commerce to develop in an inclusive manner. At the same time, while acknowledging these benefits, many Members have also raised concerns regarding their ability to harness that potential given the digital divide. Some prevailing challenges in infrastructure, finance, resources, and governance still hinder broader e-commerce uptake. These concerns need to be addressed if e-commerce is to continue to play a supporting role in the global economic recovery.
WTO Members have deepened their engagement on e-commerce issues — both under the multilaterally-agreed Work Programme on e-commerce as well as under the Joint Statement Initiative plurilateral discussions among 86 Members co-convened by three Asia-Pacific countries.
Sixty-five of our Members have completed negotiations for a Joint Statement Initiative on domestic regulation, aimed at ensuring that existing market access and national treatment commitments are not nullified by opaque and complex authorization procedures. The draft text contains a novel provision on non-discrimination between men and women in the context of authorization procedures for service suppliers. This will be the first provision of its kind in a WTO negotiated outcome.
As we know, there are many MSMEs in the services sector, and they will be the major beneficiaries of the new rules on domestic regulation and e-commerce. Another area where we see progress is environment and climate change. Of course, the WTO is not the place to establish global climate policy and how goals will be reached. But the WTO plays an important role because its rules govern measures and instruments that are relevant for implementing climate policies, such as tariffs, subsidies, and even regulation.
To transition to a low-carbon economy, countries need affordable access to advanced technologies. And open trade plays a critical role in providing such access. For example, the WTO can bring down tariffs on goods needed to get to net zero, such as solar panels and wind turbines, through an Environmental Goods Agreement.
The international community is now converging on the urgent challenges of climate and sustainability. Therefore, at MC12, we need a clear political signal from trade ministers that they recognize the importance of addressing these challenges, in particular through trade.
In addition, we need to update our rules on agriculture, an important and challenging issue for many Members. While negotiations are proving difficult, many Members believe that MC12 must have an outcome on agriculture. Members have been working on draft ministerial text circulated by the Chair of the negotiations. But gaps persist on the key issues of domestic support and public stockholding, which will set the level of ambition for the overall agriculture outcome. But if they are out of reach, we should still aim for outcomes on food security and transparency; and set a clear path for addressing other issues such as the special safeguard mechanism, cotton, export competition, and market access. Finally, both old and new rules are toothless if there is no effective and efficient
way to enforce them. We need to reform and revitalize the dispute settlement function to make sure that Members can seek redress and that there are effective remedies to violations of WTO rules.
The importance of a successful MC12 can hardly be overstated. It’s necessary to show that the WTO is back on track, fit for addressing the challenges of the 21st century, and can deliver for Members and people relying on trade to drive a strong economic recovery. To get there, we need a strong commitment and political will from all WTO Members, and the business community, to get tangible results.
At the same time, we have to be realistic because some issues may be more difficult and won’t conclude at MC12. For such issues, MC12 may focus on working toward a future outcome, with work programs to be developed in some areas.
It is also important to work to restore trust between Members, which has been shaken over the years. This is particularly visible in the relationships between developed and developing country Members of the WTO. Some developing countries feel that they are precluded from taking full advantage from the benefits and flexibilities provided to them as developing countries. By contrast, some developed countries have expressed concerns that certain countries with a high level of development unfairly benefit from being self-designated as developing.
MC12 is a good opportunity for Members listen to each other and increase the level of trust, through specific outcomes and by setting the table for next year. I’d like to conclude with a plea. If you value the WTO, then it is important to make the case that it is relevant and that it is worth improving and modernizing. We can’t take for granted that everyone believes in the value of trade and establishing a rules-based system governing trade.
We very much appreciate your views on what reforms are needed, as expressed in your Policy Statement. The Confederation and its members are well-placed to make outreach directly with decision-makers in the region, as well as with the public at large. We have to demonstrate where the WTO has been successful, be honest about where it has not, and be ambitious as to how we can make it better. Businesses must be a voice for good, on matters that are in their immediate interest, as well as broader issues like climate change, fisheries, and access to vaccines.
We count on you.
Many thanks for your attention. I look forward to your questions and comments, and I look forward to working with you in the years to come. 2177 words (18+ minutes)
Term of the incumbent CACCI Officers extended for one year
During the 93rd CACCI Council Meeting held virtually on October 26, 2021, it was decided that the term of the incumbent CACCI officers be extended for one more year until the 36th CACCI Conference, which is scheduled to take place in 2022. The one-year extension was agreed upon by the Council after taking into account […]
Term of the incumbent CACCI Officers extended for one year
During the 93rd CACCI Council Meeting held virtually on October 26, 2021, it was decided that the term of the incumbent CACCI officers be extended for one more year until the 36th CACCI Conference, which is scheduled to take place in 2022.
The one-year extension was agreed upon by the Council after taking into account of the fact that the COVID situation has not yet significantly improved.
Hence, the following incumbent officers will continue to serve in their respective positions for an additional year:
President – Samir Modi (India)
Vice Presidents
– Peter McMullin (Australia)
– Sheikh F Fahim (Bangladesh)
– Pedram Soltani (Iran)
– Ernest Yuen (Hong Kong) – replacing Wyler Wong
– Hiroshi Oshima (Japan) – replacing Teruo Asada
– Duuren Tumenjargal Nomun (Mongolia)
– Pradeep Kumar Shrestha (Nepal)
– Henry C. S. Kao (Taiwan)
– Rifat Hisarciklioglu (Turkey)
Honorary Treasurer
– Leslie Wong (Hong Kong) – replacing Ernest Yuen
Budget Commission
– Steve Hsieh (Taiwan) – Chairman
– Obaidur Rahman (Bangladesh)
– Sheikh Sultan Rehman (Pakistan) – replacing Mohammad Iqbal Tabish
CACCI will be relying on the incumbent officers for the successful implementation of CACCI programs and projects over the next year.
WTO Deputy Director-General Ms. Anabel Gonzalez delivered her remarks on the issue of WTO reforms
WTO Deputy Director-General Ms. Anabel Gonzalez delivered her remarks on the issue of WTO reforms during the launching of the CACCI study on “Achieving a Successful World Trading System” held on October 29, 2021. Ms. Gonzalez said that she welcomes CACCI’s strong call for a successful global trading system, noting that the voice of the […]
WTO Deputy Director-General Ms. Anabel Gonzalez delivered her remarks on the issue of WTO reforms
WTO Deputy Director-General Ms. Anabel Gonzalez delivered her remarks on the issue of WTO reforms during the launching of the CACCI study on “Achieving a Successful World Trading System” held on October 29, 2021.
Ms. Gonzalez said that she welcomes CACCI’s strong call for a successful global trading system, noting that the voice of the business community could not be more important in the trade debate.
In her remarks, Ms. Gonzalez talked about the value of the WTO, especially during a crisis; and the need for the WTO to evolve and improve.
As part of a global system characterized by a rules-based economic cooperation, the WTO in times of crisis has pulled quietly in the background to keep trade protection in check, the markets broadly open, and the governments from engaging in a mutually destructive behavior. Without the WTO, the world would be more fragmented, more uncertain, and more vulnerable to shocks. That would reduce the potential of trade to grow businesses and make them thrive, to pull hundreds of millions of people out of poverty as trade has done over the decades, and to address the twin health and economic crises that the world faces.
On the need for the WTO to evolve and improve, Ms. Gonzalez cited three big transitions that are reshaping global trade in the 21st century: (a) the transition to digital and services economy; (b) the transition to a low carbon and sustainable economy; and (c) the transition to a more inclusive economy. She stressed that the WTO must respond to all three transitions to ensure that it can continue to carry out its core mission to use trade to raise living standards, create jobs, and foster sustainable development. She pointed out that WTO’s response to the digital, low carbon, and inclusiveness transitions calls not just for the negotiation of new global routes, but also for the reform of the WTO’s capacity to implement existing agreement and settle disputes.
A panel discussion followed DDG Gonzales’ remarks. The panel was moderated by Immediate Past President of FBCCI Sheikh Fazle Fahim and featured four experts:
Professor Syed Ferhat Anwar, Senior Professor, Institute of Business Administration, University of Dhaka
Martin Wolf, Chief Economic Commentator, Financial Times London
Professor Sait Akman, Associate Professor and Director of G20 Studies Center, TEPAV
Aaditya Mattoo, Chief Economist, East Asia Pacific Region, World Bank
In his concluding remarks, CACCI Vice President Mr. Peter McMullin pointed out that, as many of the speaker have alluded to, the world is in transition in so many ways — facing digital transition, looking at a lower carbon economy as well as an inclusive economy — and CACCI is engaged in all these issues. The decision to commission this particular study was an important one for CACCI and it proposed to promote the issues raised not only with member chambers and the nations that CACCI is really involved with, but more broadly across the globe. Mr. McMullin said that the launching webinar was an early step and invited participants to be part of the journey.
CACCI holds launching webinar for study on “Achieving a Successful World Trading System”
CACCI – in partnership with the Australian Chamber of Commerce and Industry – held a webinar on the launching of the CACCI study on “Achieving a Successful World Trading System” on October 29, 2021 at 3:00 PM, Taipei Time. With the WTO system now described as being in “crisis,” CACCI has investigated to fix the […]
CACCI holds launching webinar for study on “Achieving a Successful World Trading System”
CACCI – in partnership with the Australian Chamber of Commerce and Industry – held a webinar on the launching of the CACCI study on “Achieving a Successful World Trading System” on October 29, 2021 at 3:00 PM, Taipei Time.
With the WTO system now described as being in “crisis,” CACCI has investigated to fix the problems within the WTO and commissioned Honorary Professor Andrew Stoeckel from the Australian National University to undertake this work.
Dr. Stoeckel identified the problems with the current trade system, namely: (a) decline of multilateralism, rising protection and the failure of the Doha negotiation; (b) three functions of WTO are not working, namely negotiating, monitoring trade policies and dispute settlement; (c) calls for ‘root-and-branch” reform; (d) rot in the system started long ago; and (e) lack of appreciation of causes – hence some solutions not advanced by reform initiatives by G20.
Dr. Stoeckel further elaborated on what has caused the trade system problems, which he said included the following: (a) the rules themselves – too many inconsistencies, contradictions, ambiguities and exemptions, as well as the issue of reciprocity; (b) mission creep – the agenda is too big while the trade rules used to remedy problems they cannot fix, and multilateralism is the strongest when the world is united around a simple clear goal; (c) “new” issues to deal with as things change – digital economy, e-commerce, internet standards and capital flows as driver of trade; and (d) declining hegemony by US and rise of China – the trade war.
As the apex regional business organization representing 150 million SMEs across 25 countries, Dr. Stoeckel said that CACCI is advancing the following 15 remedies to fix these problems:
Adopt a common simple purpose for the WTO system;
Adopt and apply a set of principles to achieve objective;
Establish a domestic transparency institution in each domestic capital to assess national self-interest from trade policies;
Stop mission creep;
Multilateralise all preferential trade agreements;
Only permit subsidies that address market failures and externalities;
Assess anti-dumping on both a cost and benefit basis;
Reassess differential treatment for developing countries;
Assess best arrangement for digital economy rules;
Reassess intellectual property;
Redesign the dispute settlement system;
Allow plurilateral agreements only if they are open to all at a later stage;
Do not use climate change for protection purposes;
Adequately reflect the views and priorities of businesses and SMEs in trade agendas and the WTO;
Address shortcomings in the operation of WTO.
Here is the video presentation of the “Achieving a Successful World Trading System” webinar held on October 29, 2021 at 3:00 PM, Taipei Time.
CACCI on WTO Reforms’ video and presentations
CACCI would like to once again thank all its members and friends for participating and supporting the Webinar on the Launching of the CACCI Study on “Achieving a Successful World Trading System” held on October 29, 2021. It is our hope that your attendance in this important event provided you the opportunity to learn from […]
CACCI would like to once again thank all its members and friends for participating and supporting the Webinar on the Launching of the CACCI Study on “Achieving a Successful World Trading System” held on October 29, 2021.
It is our hope that your attendance in this important event provided you the opportunity to learn from the productive exchange of views among the invited speakers and panelists on the current situation in the world trading system, the reforms needed to support world trade in a post-COVID growth phase that will be needed by all, and particularly on the four core problems in the current trading system that the CACCI study has identified, and the fifteen recommendations it has outlined aimed at making a material difference in the performance of the world trading system.
We provide you hereunder the link to the video recording of the whole proceedings and three of the Presentations in PDF format:
(1) CACCI Study on “Achieving a Successful World Trading System” video recording, click HERE.
Australian Trade Minister Dan Tehan discusses WTO reforms with CACCI leaders
On October 26th 2021, Australian Minister of Trade, Tourism and Investment The. Hon. Dan Tehan MP, held an online discussion with leaders of the Confederation of Asia-Pacific Chambers of Commerce and Industry (CACCI) to argue for the necessity of WTO reforms given the current headwinds that the world trade system is facing. Hosted by CACCI […]
Australian Trade Minister Dan Tehan discusses WTO reforms with CACCI leaders
On October 26th 2021, Australian Minister of Trade, Tourism and Investment The. Hon. Dan Tehan MP, held an online discussion with leaders of the Confederation of Asia-Pacific Chambers of Commerce and Industry (CACCI) to argue for the necessity of WTO reforms given the current headwinds that the world trade system is facing.
Hosted by CACCI President Samir Modi, the discussions included the participation of Peter McMullin, CACCI Vice President; Dr. Andrew Stoeckel from the Australian National University; and Bryan Clark from Australian CCI
During his presentation, Minister Tehan touched on several key issues affecting the WTO reform process now underway. He argued that “we’re going to need a lot of momentum, a lot of leadership, and a lot of impetus if we are to get the outcomes that we want.”
Minister Tehan encouraged all the business leaders from the region and beyond to have a dialogue with their trade ministers on the recommendations put forward by the CACCI study on “Achieving a Successful Trading System” before the ministers head offto Geneva for the 12th WTO Ministerial Conference to be held on November 30 – December 3, 2021 for a discussion on WTO reforms.
Minister Tehan explained that currently there are two stages with respect to WTO reforms. First, the next two to three months will set the negotiation stage. The second stage will determine what the future of the WTO will look like.
Minister Tehan warned that a failure in WTO reforms will result in a step back towards plurilateralism where groups of countries will come together to trade among themselves.
To counter this possible outcome, Minister Tehan insisted on the need to drive an agenda of reform because the WTO is an organization which “on the whole is putting the rules in place which enable us to trade and trade effectively” he said.
Minister Tehan noted that now it is not wise to “see the baby thrown out with the bathwater.” Instead, he is looking forward to reform the existing structures.
Minister Tehan’s presentation was followed by a series of questions issued by several member chambers of CACCI.
This webinar was organized by CACCI, in cooperation with the Australian Chamber of Commerce and Industry (ACCI) as the first of a series of events to promote the CACCI study. The study aims to come up with recommendations on reforms to improve the WTO in order to revitalize world trade as a fundamental mechanism for economic growth and common prosperity.
You can view the whole discussion with Australian Minister of Trade, Tourism and Investment The. Hon. Dan Tehan MP below:
Asia – Pacific businesses call for WTO reform
The Confederation of Asia-Pacific Chambers of Commerce and Industry (CACCI), a network of national chambers from 25 economies across Asia and the Western Pacific, launched an evidence-based plan for reforming the World Trade Organisation (WTO) as well as the relationships with the major global intergovernmental institutions, at a global virtual event on October 29 to stimulate discussion in […]
The Confederation of Asia-Pacific Chambers of Commerce and Industry (CACCI), a network of national chambers from 25 economies across Asia and the Western Pacific, launched an evidence-based plan for reforming the World Trade Organisation (WTO) as well as the relationships with the major global intergovernmental institutions, at a global virtual event on October 29 to stimulate discussion in the lead up the next WTO Ministerial Council. (The Launching event can be viewed below or click HERE.)
The foremost network of business groups from the Asia Pacific has launched its recommendations for reform of the WTO to ensure a global rules-based trade system for the coming century.
The current 25 CACCI member countries have a combined population of 2.7 billion, representing some 40% of the world total; a total GDP of US$15 trillion, accounting for about 25% of the world total; and a combined trade of US$8 trillion, representing about 26% of the total global trade value. CACCI represents the collective business interests of over 150 million businesses across geographical Asia, sometimes accounting for at least 97% of economic activity. These businesses employ perhaps one billion people, generating a living for them – many of them family owned and run businesses.
Small and medium business enterprises are the main engines of most economies and there is a dire need for economic recovery to restore jobs and incomes, particularly in low-income economies.
Study author, Dr Andrew Stoeckel said, “There is an imperative for better economic performance sustained into the future to service the large increase in debt around the globe. The WTO (together with its predecessor GATT) has been in situ since the end of the Second World War, regulating trade, global relations and resolving disputes on the movement of goods and services. However, over the past decade, the global market environment has made trade liberalisation less of a priority among many countries, threatening the sustainability of the WTO.
The bottom line is that the aim of international trade is to lift living standards. The fewer the barriers to commerce – whether technical or government imposed – the more commerce there will be, lifting living standards directly and indirectly through enabling resources for government to provide public goods and pursue sustainable development goals. The current system is not delivering this.
Even the purpose of the WTO is not clear. It needs to provide an open, non-discriminatory, rules-based multilateral system.”
In this regard, CACCI believes the 15 recommendations need to be considered by WTO members in MC12.
Adopting the 15 recommendations would simplify and strengthen the multilateral trading system. It would create more certainty in trade, encouraging investment and enhance commerce across borders. Higher living standards would be the result. That will not be at the expense of other environmental and social goals if the right policies are in place to address those issues.
The focus of this study is on trade, but CACCI notes that this is but one aspect of the need for better global governance. Other pressing aspects of global governance are the pandemic and climate change. The WTO system is not the only institution where the effectiveness of global governance arrangements is called into question. CACCI supports calls for a contemporary ‘Bretton Woods’ type conference to revisit how nation-states should work together in the modern age considering how much has changed since WWII. CACCI would support such a move to examine whether the global institutions we have now, along with the WTO system, are still fit for purpose in the 21st century.
Launching Event of CACCI Study of Rebuilding the World Trading System
https://youtu.be/k4cGy584Wzs
Quotes attributable to CACCI’s regional business leaders:
CACCI President Samir Modi (India) said: “the world trading system has deteriorated to its current state, and we need to remedy the situation.
“Many countries are more concerned with national security and economic self-interests, leading to a rise in nationalism and protectionism regionally and globally. And, given the growing trend to pursue bilateral economic relationships among many countries, the prevailing circumstances are expected to have further adverse impact on multilateral relationships.
“CACCI, with its initiative to ‘Achieve a Successful World Trading System’, hopes to focus efforts to the right questions and reforms to achieve this important objective.”
CACCI Advisory Board Chair and CACCI President Emeritus Ken Court (Australia) said in a time of rapid communications and decision-making, the resolution of international trade disputes needed to be simplified.
“Most CACCI member nations are medium or small players with much at stake in a global multilateral system – they depend on stable and predictable rules governing international trade and investment.
“The current system is broken and doesn’t look like it can be repaired. Our recommendations are to look at an alternate approach using economics rather than legal mechanisms as a way through the impasse.” Mr Court said.
CACCI Policy Advocacy Working Group Chair and Australian Chamber of Commerce & Industry Trade Director Bryan Clark (Australia) said the WTO’s importance “had been forgotten amidst the pursuit of free trade agreements.
“One of key reasons for establishing the global rules-based trading system was to avoid a repeat of the destructive trade tensions experienced before World War II.
“But rising protectionism, the proliferation of FTAs, trade sanctions and the failure of the dispute settlement body, coupled with rising uncertainty with lower investment spells great trouble for the world.
“We desperately need the WTO members to listen to the calls from business to ensure that the institution is fit for purpose for the modern and evolving world.”
CACCI Advisory Board member Jemal Inaishvili (Georgia) said the promotion of free trade in the region had faced “a lot of challenges in the past”.
“We have seen tensions in trade relations between world and regional leaders, which were not helpful for economic growth.
“Last year we witnessed enormous disruptions caused by the COVID pandemic, the promotion of international free trade even more relevant and the CACCI recommendations will contribute to global recovery from the pandemic, improving health and economic outcomes for all.”
CACCI Vice President Peter McMullin (Australia) said the CACCI trade recommendations are a “vital piece of leadership at this critical stage in our collective history”.
“The world trading system is in disarray and needs a reset. The study has diagnosed the problem and suggests possible and practical solutions.
“As trade is foundational to the economic recovery, I think it is in all our interests to see the recommendations from the study are adopted by the WTO and its members.
CACCI Vice President M. Rifat Hisarciklioglu (Turkey) said greater cooperation at the WTO “can provide greater certainty for international trade and assist with global economic recover. At this time there is nothing more important.”
“Trade is the engine of economic growth and catalyser of peace, prosperity and security. The world economy needs less unilateralism and more multilateralism.”
CACCI Vice President Pedram Soltani (Iran) said “Asia, the driving force of the global trade growth in the 21st century, has to be more sensitive to the threats of protectionism. CACCI, as a multi-continent-wide organisation for the private sector, has correctly considered the headwinds of the World Trading System,” Dr Soltani said.
“The future of the world trade cannot continue to be bogged down in decades long negotiations and disputes.”
CACCI Vice President Sheikh Fazle Fahim (Bangladesh) said developing economies needed sustainable, equitable rules to achieve development goals and grow new industries with ease of market access.
“Developing economies find it difficult to expand their own emerging industries, as multinational companies have competitive advantage in the current global business environment. So, it is imperative promising economies are able to establish and maintain interconnectivity and collaboration among potential trade partners.
“The CACCI study explores all these challenges, gaps, and inconsistencies and finds an inclusive solution for world trade to become an effective system again that leaves no one behind.”
Further information: Jack Quail | Senior Media Adviser – ACCI – +61 431 299 518
To download the Summary of CACCI Policy Statement, click HERE.
To view the Summary of CACCI Policy Statement online, click HERE.
To download the Complete CACCI Policy Statement, click HERE.
To view the Complete CACCI Policy Statement online, click HERE.
2021 Virtual – Rebuilding the World Trading System
Reform Starts at Home To download the Summary of CACCI Policy Statement, click HERE. To view the Summary of CACCI Policy Statement online, click HERE. To download the Complete CACCI Policy Statement, click HERE. To view the Complete CACCI Policy Statement online, click HERE. The Inauguration of the CACCI Study on […]
2021 Virtual – Rebuilding the World Trading System
Reform Starts at Home
To download the Summary of CACCI Policy Statement, click HERE.
To view the Summary of CACCI Policy Statement online, click HERE.
To download the Complete CACCI Policy Statement, click HERE.
To view the Complete CACCI Policy Statement online, click HERE.
The Inauguration of the CACCI Study on Rebuilding the World Trading System started with a webinar hosted by CACCI President Samir Modi that featured Australian Minister of Trade Honorable Dan Tehan on October 26, 2021.
Webinar on the WTO and WTO Reforms with the Minister of Trade, Tourism and Investment of Australia
CACCI is pleased to invite its members and colleagues to participate in the webinar on the World Trade Organization (WTO) and on the WTO reform efforts to be organized by the Confederation of Asia-Pacific Chambers of Commerce and Industry (CACCI), in cooperation with the Australian Chamber of Commerce and Industry on October 26, 2021 at […]
Webinar on the WTO and WTO Reforms with the Minister of Trade, Tourism and Investment of Australia
CACCI is pleased to invite its members and colleagues to participate in the webinar on the World Trade Organization (WTO) and on the WTO reform efforts to be organized by the Confederation of Asia-Pacific Chambers of Commerce and Industry (CACCI), in cooperation with the Australian Chamber of Commerce and Industry on October 26, 2021 at 5:00 PM AEDT.
The one-hour session will feature The Hon. Dan Tehan MP, Minister for Trade, Tourism and Investment of Australia, who will elaborate on the views and position of his Ministry on the current operation of the WTO and what reforms are necessary and how to achieve them. Attached herewith is the biography of Minister Tehan for your perusal.
The Tentative Program will be as follows:
5:00PM – 5:05PM Opening Remarks by Mr. Samir Modi, President, CACCI
5:05PM – 5:30PM Presentation by The Hon Dan Tehan MP, Minister for Trade Tourism and Investment, Australia
5:30PM – 5:55PM Q & A Session
5:55PM – 6:00PM Closing Remarks by Mr. Peter McMullin, Vice President, CACCI
The October 26 webinar is the first of a series of webinars that CACCI is organizing to provide our members the opportunity to understand and have a clear idea of what trade officials in CACCI member countries think of what the WTO should achieve and how to go about it.
We encourage you to share the invitation with your respective members and constituencies, as well as to your other networks, who I am sure will stand to gain from the discussions.
ICC session on CACCI Study on Achieving a Successful World Trading System
CACCI Study on “Achieving a Successful World Trading System” discussed at the ICC ITPW 2021 – This year’s ICC International Trade and Prosperity Week (ICC ITPW 2021), which was organized virtually by the ICC United Kingdom on October 18-22, 2021, included a session on the CACCI study on “Achieving a Successful World Trading System”. Held […]
ICC session on CACCI Study on Achieving a Successful World Trading System
CACCI Study on “Achieving a Successful World Trading System” discussed at the ICC ITPW 2021 – This year’s ICC International Trade and Prosperity Week (ICC ITPW 2021), which was organized virtually by the ICC United Kingdom on October 18-22, 2021, included a session on the CACCI study on “Achieving a Successful World Trading System”.
Held on October 22 at 09:00 AM, London time, the special session was conducted in a fireside chat format and featured CACCI President Mr. Samir Modi; Dr. Andrew Stoeckel from the Australian National University who was commissioned by CACCI to undertake the study; and Ms. Sara Gillespie from ICC Australia.
“Rebuilding the World Trading System” A Policy Statement by CACCI
To download the Summary of CACCI Policy Statement, click HERE. To view Summary of CACCI Policy Statement online, click HERE. To download Complete CACCI Policy Statement, click HERE. To view Full Complete Policy Statement online, click HERE.
“Rebuilding the World Trading System” A Policy Statement by CACCI
To download the Summary of CACCI Policy Statement, click HERE.
To view Summary of CACCI Policy Statement online, click HERE.
To download Complete CACCI Policy Statement, click HERE.
To view Full Complete Policy Statement online, click HERE.
Invitation to the Launching of CACCI Recommendations to Improve World Trading System on 29th October 2021 (15:00 Taiwan Time ) – Register Now
Register HERE To download the Invitation in PDF format, click HERE. Register HERE To download the Summary of CACCI Policy Statement, click HERE. To view the Summary of CACCI Policy Statement online, click HERE. To download the Complete CACCI Policy Statement, click HERE. To view the Complete CACCI Policy Statement online, click HERE.
To download the Summary of CACCI Policy Statement, click HERE.
To view the Summary of CACCI Policy Statement online, click HERE.
To download the Complete CACCI Policy Statement, click HERE.
To view the Complete CACCI Policy Statement online, click HERE.
CACCI Profile – October edition available
Taipei – The October 2021 issue of the monthly CACCI Profile newsletter is available in PDF format and ready for download HERE. It is our ardent hope that this monthly publication is useful to you and your work, and enables you to know more about the CACCI, our members, and their activities. If you wish other members of […]
Taipei – The October 2021 issue of the monthly CACCI Profile newsletter is available in PDF format and ready for download HERE.
It is our ardent hope that this monthly publication is useful to you and your work, and enables you to know more about the CACCI, our members, and their activities. If you wish other members of your organization to receive a copy of the CACCI Profile, please send us their names, titles/positions, and email addresses through cacci@cacci.biz
We would also appreciate receiving your comments on how we can further improve the CACCI Profile in terms of its format and contents. Thank you for your kind attention, and we look forward to your continued support of the CACCI and its activities.
YEGAP Executive Committee meets CACCI President Samir Modi, YEGAP Founder Anna Periquet
Members of the YEGAP Executive Committee met virtually with CACCI President Mr. Samir Modi and YEGAP Founder and Former Chairperson Ms. Anna Marie Periquet on October 18, 2021. The meeting aimed to provide the YEGAP Executive Committee to brief Mr. Modi and Ms. Periquet on its efforts over the past six months to restructure YEGAP […]
YEGAP Executive Committee meets CACCI President Samir Modi, YEGAP Founder Anna Periquet
Members of the YEGAP Executive Committee met virtually with CACCI President Mr. Samir Modi and YEGAP Founder and Former Chairperson Ms. Anna Marie Periquet on October 18, 2021.
The meeting aimed to provide the YEGAP Executive Committee to brief Mr. Modi and Ms. Periquet on its efforts over the past six months to restructure YEGAP with the aim of making it a stronger, stable, and sustainable in the years ahead and make the Group in a position to pursue its objective of promoting entrepreneurship in Asia-Pacific countries.
YEGAP Chairman Mr. Mangesh Lal Shrestha in his Opening Remarks expressed his hopes that, through the meeting, he would hear from Ms. Periquet what her aspirations were when YEGAP was first formed in 2004, and to listen from Mr. Modi on what his vision is for YEGAP and the role it can play in helping CACCI achieve its objectives.
He proceeded to introduce the members of the YEGAP Executive Committee, mentioning first the six Vice Chairmen, with each one representing one of the major geographical regions covered by the CACCI membership (e.g., East Asia, Southeast Asia, South Asia, Central Asia, West Asia, and Oceania). He also noted that 14 of the 25 CACCI member countries are represented among the 23 current total members the Committee.
https://youtu.be/2WO5loKI3H8
Mr. Mangesh informed Mr. Modi and Ms. Periquet that the YEGAP Executive Committee met five times over the past six months to discuss the restructuring of YEGAP and then presented the new vision mission, core values, 2021-2023 theme and tagline approved by the Executive Committee members, as well as the six committees and their respective chairs.
YEGAP Founder and Former Chairperson Ms. Periquet said that she first broached the idea of forming a Young Entrepreneurs Group in 2004 to then CACCI President Mr. K. K. Modi, the late father of Mr. Samir Modi, during a CACCI meeting in Malaysia.
She explained that she was always the youngest delegate in all the CACCI meetings that she attended before (along with her father the late Dr. Aurelio Periquet, one of the founders of CACCI). Hence, as an entrepreneur herself then, she thought of setting up a group of young entrepreneurs from CACCI member countries and bring them together during CACCI gatherings. To her surprise, Mr. Modi endorsed her proposal.
Thus, the Committee on Youth Entrepreneurship – as YEGAP was called originally – was formally set up later in 2004 during the CACCI Council Meeting in Phnom Penh, Cambodia, and its inaugural breakout session was held in February 2005 during the CACCI Council Meeting in New Delhi, India.
After having chaired YEGAP for many years, Ms. Periquet said she then considered resigning from the chairmanship of the Group to give way to the younger business leaders who were active in CACCI.
She met Mangesh Lal Shrestha during the CACCI meeting in Kathmandu and saw his potential, and is therefore very happy that he took the initiative of restructuring YEGAP to make it an even stronger organization. She said that with Mangesh as Chairman and with the new members of the YEGAP Executive Committee, she is confident that YEGAP is in good hands and is definitely on the right track to successfully achieve its objective of promoting entrepreneurship in the region.
CACCI President Mr. Samir Modi thanked the Officers and Members of the YEGAP Executive Committee for convening the meeting and giving him and Ms. Periquet the opportunity to meet each one of them and to be updated on what the Committee has done to restructure YEGAP and to be briefed on what its plans to do in the next year or so.
Mr. Modi said he looked forward to working closely with the YEGAP Executive Committee to further the success of CACCI and the business community of the region as a whole, especially the budding young entrepreneurs who have bright business ideas that need to be nurtured, cultivated, fostered and developed. He expressed confidence that – with their continued support and cooperation – CACCI will be able to accomplish a lot over the years ahead, and that CACCI will be relying on YEGAP and its officers in promoting a proenterprise spirit among CACCI’s younger members whom the Executive Committee members ably represent.
CACCI holds webinar on “Incoterms® 2020 – Newly Revised ICC Rules for international trade terms”
CACCI organized a one-day webinar on October 6, 2021 on Incoterms 2020, the ICC flagship rulebook which defines the obligations and responsibilities of contract parties in relation to delivery of goods. ICC Registered Trainer and well-known international trade finance expert Mr. Pavel Andrle, conducted the full-day webinar. A total of 67 registered participants plus other […]
CACCI holds webinar on “Incoterms® 2020 – Newly Revised ICC Rules for international trade terms”
CACCI organized a one-day webinar on October 6, 2021 on Incoterms 2020, the ICC flagship rulebook which defines the obligations and responsibilities of contract parties in relation to delivery of goods.
ICC Registered Trainer and well-known international trade finance expert Mr. Pavel Andrle, conducted the full-day webinar. A total of 67 registered participants plus other interested persons from Mongolia, Iran, Vietnam and Philippines closely followed the presentation, which focused on the role of Incoterms in sale and other relevant contracts, new changes to Incoterms 2020 from the previous Incoterms 2010, and the practical aspects of using each of the 11 trade (delivery) terms of Incoterms 2020.
Mr. Andrle explained the risks related to each delivery term in depth, both from the seller´s and buyer´s perspective. Many participants were from banks, trade finance and customer service departments.
The Participants appreciated the practical advice given by Mr. Andrle, who is a trade finance practitioner himself, regarding the documents to evidence the seller´s fulfilment of its contractual obligations, related to the delivery of goods. Such knowledge is necessary to properly link the delivery terms to the payment terms, especially when the documentary credit or documentary collection is chosen by the contract parties as the payment method.
Through this webinar, the participants – mainly exporters, importers, traders, specialists in logistics, cargo insurance, bankers and many other interested business people – learned how to keep themselves and their customers safe by being informed on solutions to specific needs, and therefore being protected against technical risks and ambiguities which frequently arise when using Incoterms in daily practice.
ASEAN Economies: The Road to Recovery
3 September 2021, 3:00 p.m., Singapore time, GMT+8 At the start of the coronavirus disease (COVID-19) pandemic, the ASEAN region responded relatively well to the crisis compared with other parts of the world, with travel restrictions and country-wide lockdowns keeping the spread at bay. In April, the Asian Development Bank (ADB) forecast Southeast Asia’s gross […]
3 September 2021, 3:00 p.m., Singapore time, GMT+8
At the start of the coronavirus disease (COVID-19) pandemic, the ASEAN region responded relatively well to the crisis compared with other parts of the world, with travel restrictions and country-wide lockdowns keeping the spread at bay.
In April, the Asian Development Bank (ADB) forecast Southeast Asia’s gross domestic product to grow at 4.4% in 2021, which would take the region back to pre-COVID-19 levels.
However, in recent months many countries are facing a second and stronger onslaught of the pandemic, and are being forced to return to tighter controls while trying to roll out the vaccine as soon as possible to get the situation under control.
What will this mean for the projected growth of ASEAN countries, and how will their economies recover as we head to 2022?
Join our complimentary webinar where leading economists from the region will share their outlook for ASEAN, leveraging insights and data points from the new macroeconomic datasets that are now available in Refinitiv Datastream.
The webinar will discuss:
Forecasting ASEAN’s growth—the outlook for 2021 and beyond
The road to recovery—areas of opportunity, reforms, and investments
The role of green and social finance for the region
A look at the ASEAN economic data expansion for Refinitiv Datastream
Speakers:
Deborah Elms, Founder and Executive Director, Asian Trade Centre
Riza Tyas, Head, Macroeconomic Group, Economic & Monetary Policy Department, Bank Indonesia
James Villafuerte, Senior Economist, Southeast Asia Regional Department, Asian Development Bank
Wendy Yamazaki, Senior Director, Government Relations and Regulatory Strategy, Refinitiv
Ramesh Subramaniam, Director General, Southeast Asia Regional Department, Asian Development Bank
The webinar is co-organized by Refinitiv and SEADS.
CACCI Profile – September edition available
Taipei – The September 2021 issue of the monthly CACCI Profile newsletter is available in PDF format and ready for download HERE. It is our ardent hope that this monthly publication is useful to you and your work, and enables you to know more about the CACCI, our members, and their activities. If you wish other members […]
Taipei – The September 2021 issue of the monthly CACCI Profile newsletter is available in PDF format and ready for download HERE.
It is our ardent hope that this monthly publication is useful to you and your work, and enables you to know more about the CACCI, our members, and their activities. If you wish other members of your organization to receive a copy of the CACCI Profile, please send us their names, titles/positions, and email addresses through cacci@cacci.biz
We would also appreciate receiving your comments on how we can further improve the CACCI Profile in terms of its format and contents. Thank you for your kind attention, and we look forward to your continued support of the CACCI and its activities.
CACCI participates in meeting between TWC-YEG and PYEA
The CACCI Secretariat joined a meeting between Taiwan’s Third Wednesday Club Young Entrepreneurs Group (TWC-YEG) and the Philippine Young Entrepreneurs Association (PYEA) on August 19. Among those in attendance include, from TWC-YEG: Deputy Chairman Mr. Richard Lin; Conveners of International Affairs Committee Mr. Maick Bradford Su and Mr. Jay Thian; and Mr. Howard Yu. From […]
CACCI participates in meeting between TWC-YEG and PYEA
The CACCI Secretariat joined a meeting between Taiwan’s Third Wednesday Club Young Entrepreneurs Group (TWC-YEG) and the Philippine Young Entrepreneurs Association (PYEA) on August 19. Among those in attendance include, from TWC-YEG: Deputy Chairman Mr. Richard Lin; Conveners of International Affairs Committee Mr. Maick Bradford Su and Mr. Jay Thian; and Mr. Howard Yu. From PYEA, Chairman Emeritus Mr. Rommel Gerodias; PYEA National President Ms. Charmaine Cobankiat Leong; PYEA Manila – President Mr. Sergio Ortiz Luis; Vice President for Internal Affairs Ms. Melissa Varela; Mr. Jairus Ferrer; and Mr. Oliver Lee were in attendance.
Members of the two groups introduced themselves and their respective lines of business, then discussed their experiences running their enterprises during the COVID-19 pandemic. They also talked about possible areas of collaboration in the future between the two organizations.
Webinar on Chambers Connect
CACCI wishes to convey to members and friends the invitation from the International Chambers of Commerce World Chambers Federation (ICC-WCF) to its webinar on the Chambers Connect scheduled on Wednesday 28 July 2021, at 10 AM CEST. To be held jointly with CACCI, the webinar is exclusively dedicated to CACCI chamber members and […]
CACCI wishes to convey to members and friends the invitation from the International Chambers of Commerce World Chambers Federation (ICC-WCF) to its webinar on the Chambers Connect scheduled on Wednesday 28 July 2021, at 10 AM CEST.
To be held jointly with CACCI, the webinar is exclusively dedicated to CACCI chamber members and is primarily aimed at introducing the features of Chambers Connect, ICC WCF’s online community platform exclusively for chambers of commerce worldwide to and guide your first steps on the platform. This new tool aims to support ICC WCF in its work to unite the global chamber network.
Executives from the CACCI Secretariat will join the webinar to introduce CACCI’s chamber space and share their experience in using Chambers Connect.
For those of you who haven’t gotten the chance to access the platform yet, please fill in by clicking HERE.
If you have further questions in this regard, we suggest you contact the Chambers Connect Team at chambersconnect@iccwbo.org
You may register for the webinar by clicking HERE.
Once you have registered, you shall receive an automatic email containing the details and link to join the webinar.
CACCI Profile – July edition available
Taipei – The July 2021 issue of the monthly CACCI Profile newsletter is available in PDF format and ready for download HERE. It is our ardent hope that this monthly publication is useful to you and your work, and enables you to know more about the CACCI, our members, and their activities. If you wish other members of […]
Taipei – The July 2021 issue of the monthly CACCI Profile newsletter is available in PDF format and ready for download HERE.
It is our ardent hope that this monthly publication is useful to you and your work, and enables you to know more about the CACCI, our members, and their activities. If you wish other members of your organization to receive a copy of the CACCI Profile, please send us their names, titles/positions, and email addresses through cacci@cacci.biz
We would also appreciate receiving your comments on how we can further improve the CACCI Profile in terms of its format and contents. Thank you for your kind attention, and we look forward to your continued support of the CACCI and its activities.
CACCI Women Entrepreneurs Newsletter available now
Taipei – CACCI is pleased to inform members and friends that the 23rd Volume of Grow, the publication of CACCI Women Entrepreneurs Council is available HERE. We hope that this publication will serve as an effective platform for an exchange of information among women entrepreneurs in the CACCI region. Members are, therefore, encouraged to contribute articles […]
CACCI Women Entrepreneurs Newsletter available now
Taipei – CACCI is pleased to inform members and friends that the 23rd Volume of Grow, the publication of CACCI Women Entrepreneurs Council is available HERE.
We hope that this publication will serve as an effective platform for an exchange of information among women entrepreneurs in the CACCI region. Members are, therefore, encouraged to contribute articles for our future issues. Kindly forward your materials (preferably with accompanying photos) to wendy.yang@cacci.biz
Taiwan TWC-YEG meets Vietnam YEA for exploratory talks
On July 14, 2021, ranking officers of the Taiwanese Third Wednesday Club’s Young Entrepreneurs Group (TWC YEG) met for the first time their counterparts from the Vietnam Young Entrepreneurs Association (VYEA) in a cordial online meeting. Both national organization had the opportunity to introduce their respective organizations and history, discuss the current status of their […]
Taiwan TWC-YEG meets Vietnam YEA for exploratory talks
On July 14, 2021, ranking officers of the Taiwanese Third Wednesday Club’s Young Entrepreneurs Group (TWC YEG) met for the first time their counterparts from the Vietnam Young Entrepreneurs Association (VYEA) in a cordial online meeting.
Both national organization had the opportunity to introduce their respective organizations and history, discuss the current status of their respective economies as they continue struggling against the Covid pandemic and plan future activities that could enhance real business opportunities for the benefit of their members.
The TWC YEG’s delegation was led by Mr. Richard Lin, Deputy Chairman, TWC-YEG who launched the online meeting by introducing the Taiwanese delegates, including senior officers of CACCI (Confederation of Asia-Pacific Chambers of Commerce and Industry).
Mr. Richard Lin also presented the history, current leadership and structure of TWC-YEG and explained the industrial composition of the organization. Mr. Lin added that TWC is a respected business organization that represents the leading industrial groups of Taiwan, generating on the aggregate over half of Taiwan’s GDP.
From their part, the Vietnamese delegation was led by Ms. Hue Pham, VYEA Vice Chairwoman, who in turn introduced her delegates at the meeting. During her remarks, Ms. Hue Pham explained that VYEA is the largest business organization in Vietnam, with more than 10,000 members all over their territory.
Ms. Hue Pham added that most of the members maintain certain cooperation with government units to organize conferences or participate in overseas events. VYEA, Ms. Hue Pham said, has an excellent history of operation for 27 years.
Concerning the complications brought upon by the Covid pandemic, Ms. Hue Pham said that traffic is restricted between cities, making business operations very difficult. Consequently, many SMEs are struggling, because lack of emergency capital prevents them from weathering the current stoppage in normal business operations.
During the virtual meeting, Mr. Amador Honrado, CACCI Deputy Director General also had the opportunity to introduce CACCI and its current YEG plans. At the end of his presentation, Mr. Honrado invited VYEA members to join the future YEG activities that CACCI is preparing to launch in coordination with many YEGs affiliated to national chambers of commerce and industry in nations and territories across the Asia Pacific region.
Mr. John Tran, VYEA Vice Deputy of Int’l Affairs Department, was very explicit in his recommendation to build up the incipient relationship between VYEA and TWC YEG. Mr. Tran recommended exploring credible business opportunities in Vietnam and business interests among Taiwanese enterprises to start establishing a durable relationship between the two organizations.
Moreover, Mr. Tran emphasized that there is good will towards Taiwanese companies in the Vietnamese market and that medium and small Taiwanese companies, aside from those invested in the large industrial parks of Vietnam, have opportunities to grow locally. One important key to success in the Vietnamese market is, according to Mr. Tran, to find a good local partner for their venture.
Other Taiwanese business executives discussed their companies’ situation and future plans post-pandemic, as well as expressed interest in the Vietnamese market.
At the end of the discussion, both organizations considered positive their first exploratory meeting and decided to search and collect business objectives currently in the mind of members in order to find counterparts or concrete points of business exploration.
Further meetings are expected.
The video of the meeting can be viewed at the CACCI Youtube channel HERE.
List of participants
Third Wednesday Club’s Young Entrepreneur Group:
Mr. Richard Lin, Deputy Chairman, TWC-YEG
Mr. Maick Bradford Su, Convener of International Affairs Committee, TWC-YEG
Mr. Jay Thian , Convener of International Affairs Committee, TWC-YEG
Mr. Howard Yu, Member, TWC-YEG
Mr. Vito Ma, Deputy Secretary-General, TWC-YEG
Mr. Ernest Lin, Director General, the Confederation of Asia-Pacific Chambers of Commerce and Industry (CACCI)
Mr. Amador Honrado, Deputy Director General, Confederation of Asia-Pacific Chambers of Commerce and Industry (CACCI)
Mr. Mig Moreno, Deputy Director General, Confederation of Asia-Pacific Chambers of Commerce and Industry (CACCI)
Ms. Abby Moreno, Senior Officer, Confederation of Asia-Pacific Chambers of Commerce and Industry (CACCI)
Ms. Hue Pham, Vice Chairwoman, Vietnam Young Entrepreneurs Association
Mr. John Tran, Vice Deputy of Int’l Affairs Department, Vietnam Young Entrepreneurs Association
Ms. Sylvia Nguyen, Member of Presidium, Vietnam Young Entrepreneurs Association
Ms. Trang, Officers, Vietnam Young Entrepreneurs Association
CACCI Tourism newsletter available
Taipei – CACCI is pleased to inform all members that the 24th Volume of CACCI Tourism Newsletter is available for download HERE. We hope that this publication will serve as an effective platform for an exchange of information among the tourism sector in the CACCI region. Members are, therefore, encouraged to contribute articles for our future issues. […]
Taipei – CACCI is pleased to inform all members that the 24th Volume of CACCI Tourism Newsletter is available for download HERE.
We hope that this publication will serve as an effective platform for an exchange of information among the tourism sector in the CACCI region. Members are, therefore, encouraged to contribute articles for our future issues. Kindly forward your materials (preferably with accompanying photos) to wendy.yang@cacci.org.tw
Thank you, and with best regards.
Sincerely yours,
Ernest Lin Director-General
CACCI
CACCI Profile – June edition available
Taipei – The June 2021 issue of the monthly CACCI Profile newsletter is available in PDF format and ready for download HERE. It is our ardent hope that this monthly publication is useful to you and your work, and enables you to know more about the CACCI, our members, and their activities. If you wish other members of […]
Taipei – The June 2021 issue of the monthly CACCI Profile newsletter is available in PDF format and ready for download HERE.
It is our ardent hope that this monthly publication is useful to you and your work, and enables you to know more about the CACCI, our members, and their activities. If you wish other members of your organization to receive a copy of the CACCI Profile, please send us their names, titles/positions, and email addresses through cacci@cacci.biz
We would also appreciate receiving your comments on how we can further improve the CACCI Profile in terms of its format and contents. Thank you for your kind attention, and we look forward to your continued support of the CACCI and its activities.
XVI CACCI Health & Education newsletter available
Taipei – We are pleased to inform you that the sixteenth Volume of CACCI Health & Education Newsletter has been formally issued. You can download the newsletter HERE. We hope that this publication will serve as an effective platform for an exchange of information among the sector of health and education in the CACCI region. Members are, therefore, encouraged […]
We hope that this publication will serve as an effective platform for an exchange of information among the sector of health and education in the CACCI region. Members are, therefore, encouraged to contribute articles for our future issues. Kindly forward your materials (preferably with accompanying photos) to wendy.yang@cacci.org.tw
Virtual Special Council Meeting on July 27, 2021
CACCI would like to invite All CACCI Officers and CACCI Primary Members to attend a Special CACCI Council Meeting to be held on July 27, 2:00 PM, Taipei Time. The special meeting is being called to primarily review and comment on the final draft of the CACCI study on “Resurrecting the World Trading System”, and more […]
CACCI would like to invite All CACCI Officers and CACCI Primary Members to attend a Special CACCI Council Meeting to be held on July 27, 2:00 PM, Taipei Time.
The special meeting is being called to primarily review and comment on the final draft of the CACCI study on “Resurrecting the World Trading System”, and more importantly, to finalize and approve the accompanying CACCI Policy Statement (based on the full study) to be signed by all Council members.
CACCI Secretariat will send copies of the discussion papers and other relevant information (e.g., meeting link, updates, etc.) in due course.
In the meantime, may we request to all officers and Primary members to kindly pencil in the meeting date in your calendar of events for July 2021?
If you have questions at this stage, please write to cacci@cacci.biz
Webinar on SMEs’ adaptation and innovation
Why this webinar is needed? Small and medium-sized enterprises (SMEs) are the backbone of the Asian economy. They make up more than 96 percent of all Asian businesses, providing two out of three private sector jobs on the continent. Therefore, fully functioning support measures for SMEs are vital for Asia’s economic success. Since its […]
Small and medium-sized enterprises (SMEs) are the backbone of the Asian economy. They make up more than 96 percent of all Asian businesses, providing two out of three private sector jobs on the continent. Therefore, fully functioning support measures for SMEs are vital for Asia’s economic success.
Since its outbreak, the COVID-19 pandemic has caused border closures and lockdowns in many countries, especially affecting developing economies and vulnerable groups. As the pandemic’s first epicenter, the Asia-Pacific region is suffering from the devastating impact on millions of workers and enterprises, posing a major risk to the achievement of decent work and economic growth (SDG 8). The SDG Progress Report by ESCAP indicated that the region showed regressing trends on SDG target 8.5 of “full employment and decent work” in 2020. In addition, nearly 829 million informal workers were impacted by the pandemic, and unemployment increased by 15 million in the same year.
To build the Asia-Pacific economies back better, adaptation of SMEs with innovative and pragmatic strategies in the post COVID-19 era is a key driver. The proposed webinar aims to provide three layers of strategies: First, from the regional level, what and how policies have been implemented to support SMEs for recovery. Second, from the ODA perspective, best practices that have catalyzed cross-sector resources for SMEs development. Finally, on the business aspect, practical approaches that chambers of commerce and businesses have rapidly adapted throughout the pandemic for corporate sustainability. Based on the lessons and experiences learned, the webinar hopes to build synergy among stakeholders for solutions to build a stronger environment for SMEs in the new normal.
Purpose of the webinar
This side event aims to create a platform to invite all stakeholders from regional, national, and local aspects to share their insights and innovative solutions for the sustainable development and resilience of SMEs. How would they build an enabling environment for SMEs development in the post COVID-19 era? The panel discussion will address cross-sector collaboration and share good practices for the Asia-Pacific region.
Responding to SDG
(1) Goal 8-Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all
(2) Target 8.3-Promote development-oriented policies that support productive activities, decent job creation, entrepreneurship, creativity and innovation, and encourage the formalization and growth of micro-, small- and medium-sized enterprises, including through access to financial services
(3) Format- A 60-minute webinar open for registration (using Cisco Webex platform)
Moderator
George Abraham, Chairman of SME Development Council, Confederation of Asia-Pacific Chambers of Commerce and Industry
Panelists
Donald Lambert, Principal Private Sector Development Specialist, Southeast Asia Department, Asian Development Bank (ADB)
Alex Shyy, Deputy Secretary General, International Cooperation and Development Fund (TaiwanICDF)
Robert Kraybill, Managing Director and Chief Investment Officer, Impact Investment Exchange (IIX)
Successful CACCI Business and Investment Summit held June 4 2021
The Confederation of Asia-Pacific Chambers of Commerce and Industry (CACCI), in cooperation with the Chinese International Economic Cooperation Association (CIECA), Taiwan, the Chinese National Association of Industry and Commerce, Taiwan (CNAIC), and the Importers & Exporters Association of Taipei (IEAT), jointly conducted the first virtual CACCI Business and Investment Summit on June 4, 2021 which […]
Successful CACCI Business and Investment Summit held June 4 2021
The Confederation of Asia-Pacific Chambers of Commerce and Industry (CACCI), in cooperation with the Chinese International Economic Cooperation Association (CIECA), Taiwan, the Chinese National Association of Industry and Commerce, Taiwan (CNAIC), and the Importers & Exporters Association of Taipei (IEAT), jointly conducted the first virtual CACCI Business and Investment Summit on June 4, 2021 which was attended by some 130 delegates from 24 countries.
With the COVID-19 pandemic triggering economic and social shocks globally, sparing no nation from its devastating multi-dimensional impacts, CACCI held the Summit aiming to explore business and investment opportunities in the region, which is also part of a series of activities in 2021 in celebration of CACCI’s 55th Anniversary since its founding in May 1966.
CACCI member chambers in Bangladesh, Taiwan and Vietnam were requested to invite: (a) relevant government agencies to make presentations on the business outlook and investment opportunities in their respective countries, and (b) foreign investors in their respective countries to make testimonials on their experience and operations in the country.
The two-hour virtual Summit was kicked off by the Welcome Remarks by CACCI President Mr. Samir Modi. In his Remarks, Mr. Modi expressed his appreciation to participants who joined the first virtual Business Summit organized by CACCI, stressing the importance of CACCI as an apex regional business organization and platform where businesses can network and explore possible areas of cooperation, and in so doing, increasing business interaction and promoting regional economic growth.
Mr. Modi also indicated that this Summit is only one of several activities CACCI has planned for 2021 to celebrate the milestone of its 55th founding Anniversary. And depending on the outcome of the event, more Business and Investment Summits may be organized in the future to showcase other CACCI member countries.
Moderated by Ms. Kristy Hsu, Director, Taiwan ASEAN Studies Center Chung-Hua Institution for Economic Research, Taiwan, the virtual Summit featured the following speakers from the three countries, respectively: Bangladesh – Mr. Mohammad Hasan Arif, (Joint Secretary), General Manager (Administration & Finance), Bangladesh Economic Zones Authority (BEZA); Mr. Shekar N. Rajashekaran, Managing Director and Sub-Cluster Head, Bangladesh and Sri Lanka, Citibank; Taiwan – Mr. William Tang, Director, InvesTaiwan; Mr. Brett D. Aaron, CEO, BABI International Corp.; Vietnam – Ms. Hoang Thanh Tam, Head of the Investment, Promotion Division, Foreign Investment Agency, Ministry of Planning and Investment of Vietnam; Mr. Brian Chen, Partner of KPMG/Director of The Council of Taiwanese Chamber of Commerce in Vietnam.
Invited speakers were requested to share their insights on the latest economic trends and investment policies in Bangladesh, Taiwan and Vietnam, as well as the business potentials and advantages that each country has to offer for foreign investors. Their presentations all indicate that, despite being impacted by the ongoing COVID-19 pandemic, their respective economies show positive outlook as they begin to regain their footing and show signs of recovery.
This encouraging prospect is attested to by recent economic forecasts released by the Asian development Bank, the World Bank, the International Monetary Fund (IMF), and the UN Economic and Social Commission for Asia and the Pacific (UNESCAP). “Given such an optimistic outlook, now is the time to invest in the region,” CACCI President Mr. Modi concluded in his Welcome Remarks.
The recording of the webinar is available at the CACCI Youtube channel HERE.
“CACCI Business and Investment Summit” on June 4, 2021
CACCI is pleased to invite members and associates to join the “CACCI Business and Investment Summit” to be held on June 4 at 14:00 – 16:00 hrs. Taipei Time on the virtual platform. To be organized by CACCI and co-hosted by the Chinese International Economic Cooperation Association (CIECA), Taiwan, Chinese National Association of Industry and […]
“CACCI Business and Investment Summit” on June 4, 2021
CACCI is pleased to invite members and associates to join the “CACCI Business and Investment Summit” to be held on June 4 at 14:00 – 16:00 hrs. Taipei Time on the virtual platform.
To be organized by CACCI and co-hosted by the Chinese International Economic Cooperation Association (CIECA), Taiwan, Chinese National Association of Industry and Commerce, Taiwan (CNAIC) and Importers & Exporters Association of Taipei (IEAT), the Summit is part of a series of special events in 2021 in celebration of the 55th anniversary of CACCI.
CACCI member chambers in Taiwan, Vietnam and Bangladesh will invite relevant government agencies to share their post-COVID strategies for economic recovery and sustainable growth in their respective countries, as well as invite foreign investors in their respective countries to make testimonials on their experience and operations in the country. Below we present the tentative program.
More details on the event, such as the registration link and the updated program, will be provided shortly. We encourage all CACCI members to already mark down the time for the virtual Summit which presents the best occasion to get the first-hand information on business opportunities in Taiwan, Vietnam and Bangladesh.
The Colonial Pipeline Incident — How Vulnerable Is Critical Infrastructure to Cybercriminals?
On May 7, 2021, Colonial Pipeline, a major U.S. fuel pipeline operator, halted operations as a precautionary measure after a cyberattack involving ransomware was discovered. The attackers appear to have accessed business systems from which they stole nearly 100 gigabytes of data before they locked Colonial Pipeline’s computers and demanded ransom. Responsible for nearly half of the […]
The Colonial Pipeline Incident — How Vulnerable Is Critical Infrastructure to Cybercriminals?
On May 7, 2021, Colonial Pipeline, a major U.S. fuel pipeline operator, halted operations as a precautionary measure after a cyberattack involving ransomware was discovered. The attackers appear to have accessed business systems from which they stole nearly 100 gigabytes of data before they locked Colonial Pipeline’s computers and demanded ransom.
Responsible for nearly half of the U.S. East Coast’s fuel supply, Colonial Pipeline supplies fuels from Gulf Coast refining centers to cities, including Washington, D.C., Baltimore and Atlanta, transporting 2.5 million barrels per day of gasoline, diesel and jet fuel through 5,500 miles (8,850 km) of pipelines.
Photo: Jim Watson/AFP via Getty Images
Fuel tanks are seen at the Colonial Pipeline Baltimore Delivery in Baltimore, Maryland, on May 10, 2021. Industry observers regard the Colonial Pipeline cybersecurity incident as financially motivated, as opposed to state-directed sabotage.
The attack represents a major disruption of the U.S. energy sector and is the latest in a string of unsettling cyberattacks by foreign actors that have drawn attention to the need for private companies and government agencies to harden their digital assets.
According to an FBI statement, the strain of malware involved appears to be the work of a Russian ransomware gang called “DarkSide.” DarkSide operates under a Ransomware-as-a-Service (RaaS) model, and once a system is compromised, cybercriminals using these services can demand anywhere between $200,000 and $2 million. DarkSide is one of several increasingly professionalized groups of digital extortionists, with a mailing list, a press center and a victim hotline.
Chris Krebs, the former director of Homeland Security’s Cybersecurity and Infrastructure Security Agency, told CBS News the tactics of the Colonial attack are indicative of “veteran” cybercriminals.
DarkSide users display comprehensive capabilities across multiple software systems and platforms, collecting information from a variety of private organizations, including financial institutions, medical facilities, energy firms and tech giants.
These types of hackers aren’t worried about avoiding detection; rather these actors employ tactics that aim to leverage a company’s desire to keep the breach quiet to pressure them into paying up. A popular such tactic is called “double extortion,” a technique in which criminals demand that victims pay to decrypt the stolen data and prevent the hackers from leaking sensitive data. This technique allows hackers to increase both the number of ransoms they receive and the value of those demands.
Industry observers regard the Colonial Pipeline cybersecurity incident as financially motivated, as opposed to state-directed sabotage compared to what was observed in the SolarWinds or Microsoft Exchange hacks earlier this year.
The Energy Sector Is Exposed
The energy industry is still maneuvering the widespread digital transformation of operational and support structure that has gained momentum in recent years. These are exciting developments in operational and information technology for oil and gas applications — many oil and gas companies are prioritizing investments in this area. Two examples of such developments include the internet of things, which facilitates data collection, and Supervisory Control & Data Acquisition systems, which use data to monitor and control facilities located throughout the energy supply chain.
However, these technologies inherently increase an organization’s attack surface, requiring authentication and authorization management between them.
Experts predict that the number of connected devices worldwide will reach a whopping 46 billion by 2021 — all equipped with sensors that communicate back to networks, databases and communications systems. These connected devices span a wide range, from smart toasters to centrifuges enriching uranium. Even a fish-tank thermometer can expose firms to trouble from hackers.
As mentioned in a recent NSA advisory for stopping malicious activity against connected operational technology (OT), it doesn’t help that many of the “OT assets and control systems installed and used throughout the energy sector are past end-of-life and operated without sufficient resources.” Put simply, these systems are dinosaurs. This means updates and vulnerability patches aren’t being developed, stifling IT teams tasked with defending these legacy systems and opening firms up to a considerable amount of risk.
The critical infrastructure that’s the foundation of the end-to-end energy supply chain makes it particularly vulnerable and more attractive to these hacker groups. This is compounded by the fact that energy remains a major concern for the nation-states who are often enabling these bad actors. The energy sector drives so much policy across the world that it affects how countries conduct themselves and interact. Therefore, nation-states are willing to attempt these sophisticated and disruptive campaigns to gain any advantage they can.
Unless cybersecurity measures are embedded in a technology’s development phase, we are likely to see these kinds of disruptive attacks on industrial systems like oil and gas pipelines more frequently. Colonial has said it hopes to “substantially restore operational service by the end of the week,” but that it will be a stepwise process.
It May Take a While to Get Back to Normal
Colonial has managed to restart its pipeline operations but has warned that it will take several days for supply to get back to normal. In the meantime, adjacent avenues are operating to deliver existing inventories to markets along the Colonial pipeline. Aside from the Colonial pipeline, East Coast fuel markets are supplied by the Plantation pipeline jointly owned by Kinder Morgan and Exxon; East Coast refineries; and fuel shipments from Eastern Canada and Europe. There have already been some signs of panic-buying by motorists along the East Coast.
As for other parts of the energy sector, a shutdown on any of the major crude pipelines would have some impact, though in the case of crude it would be more muted to the consumer because it’s further up the supply chain. A disruption to a major natural gas pipeline could have a ripple effect to power generation facilities, depending on the line, duration and time of year.
Based on our experience, the industry is taking the threat very seriously, but these complex business and operational IT systems are ultimately operated by humans, and that will always include some element of risk.
Geoff Yut Consultant at Opportune LLP Geoff Yut is a consultant in Opportune LLP’s Process & Technology group based in Houston. Geoff graduated from Texas A&M University with a B.S. in Management Information Systems and a minor in Cybersecurity.
The original article can be read at the Brink Asia HERE.
“India, China and the US: A new geopolitical landscape” debate
CACCI invites its members and friends to join a series of events presented by the Financial Times and The Indian Express. The next important debate is “India, China and the US: a new geopolitical landscape” on Thursday 20 May, 4:45-8:05 pm India, 12:15-3:25 pm GMT+1, #IndiaInTheWorld Senior leaders in foreign policy, international relations and geopolitics […]
“India, China and the US: A new geopolitical landscape” debate
CACCI invites its members and friends to join a series of events presented by the Financial Times and The Indian Express.
The next important debate is “India, China and the US: a new geopolitical landscape” on Thursday 20 May, 4:45-8:05 pm India, 12:15-3:25 pm GMT+1, #IndiaInTheWorld
Senior leaders in foreign policy, international relations and geopolitics will share their insights into this critical situation.
India and China have long jockeyed for influence in the Indo-Pacific region. With China potentially set for further regional dominance due to its rapid economic recovery, how will India position itself diplomatically? And how will India’s relations evolve with the US under the new Biden administration?
In the second of a series of online, agenda-setting debates organised by the Financial Times and The Indian Express, foreign policy leaders and thinkers from India and overseas discuss India’s diplomatic standing in the world, especially with regards to China and the US.
Interested members can visit the homepage HERE for further details and also register for free HERE.
Key talking points:
India-China: Will tensions deepen and what will be the impact on economic and business ties?
India-US: Can India become an ideological as well as strategic US partner in geopolitical affairs?
Diplomatic standing: How will India position itself overall in the post-COVID world order?
CACCI Profile – April edition available
Taipei – The April 2021 issue of the monthly CACCI Profile newsletter is available in PDF format and ready for download HERE. It is our ardent hope that this monthly publication is useful to you and your work, and enables you to know more about the CACCI, our members, and their activities. If you wish other members of […]
Taipei – The April 2021 issue of the monthly CACCI Profile newsletter is available in PDF format and ready for download HERE.
It is our ardent hope that this monthly publication is useful to you and your work, and enables you to know more about the CACCI, our members, and their activities. If you wish other members of your organization to receive a copy of the CACCI Profile, please send us their names, titles/positions, and email addresses through cacci@cacci.biz
We would also appreciate receiving your comments on how we can further improve the CACCI Profile in terms of its format and contents. Thank you for your kind attention, and we look forward to your continued support of the CACCI and its activities.
New Asian-led venture to revive the WTO
The foremost network of business groups from the Asia Pacific has commissioned renowned macroeconomist Dr Andrew Stoeckel to author a study on resurrecting the world trading system. The Confederation of Asia-Pacific Chambers of Commerce and Industry (CACCI), a network of national chambers from 27 economies across Asia and the Western Pacific, will deliver an evidence […]
The foremost network of business groups from the Asia Pacific has commissioned renowned macroeconomist Dr Andrew Stoeckel to author a study on resurrecting the world trading system.
The Confederation of Asia-Pacific Chambers of Commerce and Industry (CACCI), a network of national chambers from 27 economies across Asia and the Western Pacific, will deliver an evidence based argument and plan for reforming the World Trade Organisation (WTO) as well as the relationships with the major global intergovernmental institutions, following the completion of the study mid this year.
As a founding member of CACCI, The Australian Chamber of Commerce & Industry (ACCI) will be managing the project with Dr Stoeckel on behalf of the network.
The WTO (together with its predecessor GATT) has been in situ since the end of the Second World War, regulating trade, global relations and resolving disputes on the movement of goods and services.
However, the current global market environment has made trade liberalisation less of a priority among many countries, threatening the sustainability of the WTO.
The newly commissioned research is a flagship project for CACCI and will provide insight for the entire global trading community. The results will be released in mid-2021 in time for consideration by the next WTO Ministerial Council.
Quotes attributable to CACCI’s regional business leaders:
CACCI President Samir Modi (India) said: “It is an opportune time to examine how the world trading system has deteriorated to its current state, and what can be done to remedy the situation.
“Many countries are more concerned with national security and economic self-interests, leading to a rise in nationalism and protectionism regionally and globally. And, given the growing trend to pursue bilateral economic relationships among many countries, the prevailing circumstances are expected to have further adverse impact on multilateral relationships.
“CACCI, with its initiative to conduct the study ‘Resurrecting the World Trading System’, hopes to focus efforts to the right questions and processes to achieve this important objective.”
CACCI Advisory Board Chair and CACCI President Emeritus Ken Court (Australia) said in a time of rapid communications and decision-making, the resolution of international trade disputes needed to be simplified.
“Most CACCI member nations are medium or small players with much at stake in a global multilateral system – they depend on stable and predictable rules governing international trade and investment.
“A clear mechanism enabling prompt decision-making will not only assist business but also lead to more open dialogue between nations,” Mr Court said.
CACCI Policy Advocacy Working Group Chair and Australian Chamber of Commerce & Industry Trade Director Bryan Clark (Australia) said the WTO’s importance “had been forgotten amidst the pursuit of free trade agreements.
“One of key reasons for establishing the global rules-based trading system was to avoid a repeat of the destructive trade tensions experienced before World War II.
“But rising protectionism, the proliferation of FTAs, trade sanctions and the failure of the dispute settlement body, coupled with rising uncertainty with lower investment, spell great trouble for the world.
“We desperately need this study to address current shortcomings in the system and recommend a path back for the WTO, which is why securing an economist of Dr Stoeckel’s expertise is a boon for the confederation.”
CACCI Advisory Board member Jemal Inaishvili (Georgia) said the promotion of free trade in the region had faced “a lot of challenges in the past”.
“We have seen tensions in trade relations between world and regional leaders, which were not helpful for economic growth.
“Last year, we witnessed enormous disruptions caused by the COVID pandemic, and the difficult situation will certainly continue in 2021. We all are hopeful that by the end of the summer the situation will start to gradually improve.
“All this makes the development of international trading system based on promotion of free trade
even more relevant, and the above-mentioned study will only contribute to achieving our goals.
CACCI Vice President Peter McMullin (Australia) said the CACCI trade study is a “vital piece of leadership at this critical stage in our collective history”.
“The world trading system is in disarray and needs a reset. The study will diagnose the problem and suggest possible and practical solutions. The CACCI Steering Committee will provide the necessary oversight of the study and ensure that it remains focussed on the task at hand.
“Doing nothing is not an option for any of our valued members. We owe it to the rich and productive history of CACCI to embrace this study.
“As trade is foundational to the economic recovery, I think it is in all our interests to seek to advocate that recommendations from the study are adopted by the broader business community and its many organisations.
CACCI Vice President M. Rifat Hisarciklioglu (Turkey) said greater cooperation at the WTO “can defuse trade tensions and provide greater certainty for international trade.”
“Trade is the engine of economic growth and catalyser of peace, prosperity and security. The world economy needs less unilateralism and more multilateralism.
CACCI Vice President Pedram Soltani (Iran) said protectionism “had never been so threatening” to globalisation since the inception of the WTO.
“Asia, the driving force of the global trade growth in the 21st century, has to be more sensitive to such threats. CACCI, as a continent-wide organisation for the private sector, has correctly and timely felt the exigence of paying attention to the headwinds of the World Trading System,” Dr Soltani said.
“The future of the world trade should be more protected by those players who have a higher stake in shaping it.”
CACCI Vice President Sheikh Fazle Fahim (Bangladesh) said developing economies needed sustainable, equitable rules to achieve development goals and grow new industries with ease of market access.
“Developing economies find it difficult to expand their own emerging industries, as multinational companies have competitive advantage in the current global business environment. So, it is imperative promising economies are able to establish and maintain interconnectivity and collaboration among potential trade partners.
“Therefore, the need for a study that explores all these new challenges, gaps, and inconsistencies and finds an inclusive solution for world trade to become an effective system again that leaves no one behind, is paramount.”
Further information:
Marie Hogg | Senior Media Adviser – ACCI – +61 431 299 518
(c) Australian Chamber of Commerce and Industry 2021
Level 3, 24 Brisbane Avenue
BARTON ACT 2600
P | 02 6270 8000
E | info@australianchamber.com.au
W | www.australianchamber.com.au
SME Banking eCouncil on Facilitating digitisation of SMEs
CACCI is pleased to invite members and associates to join another EFMA’s “SME Banking eCouncil on Facilitating digitisation of SMEs.” Lukas Dzuroska, SME Banking Program Director will co-moderate this interactive session together with Ken Burke, Group Head of Consumer Lending and Business Credit Products of AIB Ireland. As SMEs worldwide are looking to adapt and […]
SME Banking eCouncil on Facilitating digitisation of SMEs
CACCI is pleased to invite members and associates to join another EFMA’s “SME Banking eCouncil on Facilitating digitisation of SMEs.” Lukas Dzuroska, SME Banking Program Director will co-moderate this interactive session together with Ken Burke, Group Head of Consumer Lending and Business Credit Products of AIB Ireland.
As SMEs worldwide are looking to adapt and manage current challenges, there is no better time to connect, discuss, and share with your peers in order to seize the opportunities that these uncertain times offer.
2:00-2:05 CET Introduction to the Council’s topic 2:05-2:20 CET Opening key note speech: Facilitating digitisation of SMEs 2:20-2:25 CET Introducing Mastercard’s SME anthem: Empowering Every Business 2:25-2:45 CET D&S Digitization and Data Analytics 2:45-3:10 CET Case study: From ‘Beyond Banking’ to ‘Before Banking’ 3:10-3:35 CET Collaborative session with global panelists 3:35-3:45 CET Conclusion & Next steps: SME Banking Program engagement
The speakers
Steering Committee for CACCI Study on World Trading System holds 2nd Meeting on March 2, 2021
The second virtual meeting of the Steering Committee for the CACCI Study on “Resurrecting the World Trading System” was held on March 2, 2021, from 2:00 PM to 3:30 PM, Taipei time. Chaired by CACCI President Mr. Samir Modi, the meeting drew the participation of members of the Steering Committee or their representatives, and CACCI […]
Steering Committee for CACCI Study on World Trading System holds 2nd Meeting on March 2, 2021
The second virtual meeting of the Steering Committee for the CACCI Study on “Resurrecting the World Trading System”was held on March 2, 2021, from 2:00 PM to 3:30 PM, Taipei time. Chaired by CACCI President Mr. Samir Modi, the meeting drew the participation of members of the Steering Committee or their representatives, and CACCI Secretariat officers.
Among others, the meeting considered emerging issues that will have to be considered by the study; reviewed feedback on the CACCI study from regional organizations and from CACCI Primary Members; exchanged views on the Committee members’ reactions to the progress of the study; and discussed other relevant issues and concerns they have on the project at this stage. The Committee agreed to meet again on April 6.
Requesting Representatives for CACCI Young Entrepreneurs
As part of CACCI efforts to further strengthen the CACCI Young Entrepreneurs Group in Asia Pacific (YEGAP), CACCI would like to request Primary Chamber members ONLY to nominate representatives in the Executive Committee of YEGAP. It is our hope that, with Primary Members duly represented in the Executive Committee of YEGAP, the National Chambers will […]
Requesting Representatives for CACCI Young Entrepreneurs
As part of CACCI efforts to further strengthen the CACCI Young Entrepreneurs Group in Asia Pacific (YEGAP), CACCI would like to request Primary Chamber members ONLY to nominate representatives in the Executive Committee of YEGAP. It is our hope that, with Primary Members duly represented in the Executive Committee of YEGAP, the National Chambers will be able to make an important contribution to CACCI’s efforts in promoting youth entrepreneurship not just in their country but in the Asia-Pacific region as well.
As CACCI members may know, YEGAP was created during the 68th CACCI Council Meeting held in May 2004 in Phnom Penh, Cambodia. Its goal is to provide a venue for young entrepreneurs in CACCI member countries to get actively involved in entrepreneurial development. CACCI envisions the YEGAP to serve as an effective venue for identifying suitable programs geared towards entrepreneurial development for young and start-up entrepreneurs.
The CACCI Council last year approved the Governance Framework applicable to all CACCI Product and Service Councils (PSCs), including YEGAP. Under the approved Governance Framework, it is stipulated that the affairs of PSCs shall be governed and administered by the Executive Committee composed of at most two duly designated representatives from each CACCI Primary Member. We therefore write to seek your nominations for the YEGAP Executive Committee.
As CACCI members very well know, any organization is only as strong and effective as its members. CACCI is therefore looking for YEGAP Executive Committee representatives from Primary members with the following qualifications:
Must be 49 years old or younger;
Have a strong interest and commitment to actively participate in the programs and projects of YEGAP;
Be willing and financially capable to travel at least once a year to attend meetings of YEGAP;
Take an active role in setting the general direction of YEGAP and in identifying activities of YEGAP to help achieve its objective of promoting entrepreneurship among CACCI members;
Be in a position to serve as an effective liaison between YEGAP and young entrepreneurs group in his/her country;
Be proficient in English; and
Be eager and willing to render voluntary work for YEGAP
Preferably a Lifetime Special Member of CACCI
Please send us the names and contact details of your designated representatives in the YEGAP Executive Committee. Kindly download and fill the Nomination Form, and send it back to us through our Fax No. (886 2) 2760-7569, or by e-mail at cacci@cacci.biz, by March 22, 2021 if possible.
CACCI Profile – February edition available
Taipei – The February 2021 issue of the monthly CACCI Profile newsletter is available in PDF format and ready for download HERE. It is our ardent hope that this monthly publication is useful to you and your work, and enables you to know more about the CACCI, our members, and their activities. If you wish other members of […]
Taipei – The February 2021 issue of the monthly CACCI Profile newsletter is available in PDF format and ready for download HERE.
It is our ardent hope that this monthly publication is useful to you and your work, and enables you to know more about the CACCI, our members, and their activities. If you wish other members of your organization to receive a copy of the CACCI Profile, please send us their names, titles/positions, and email addresses through cacci@cacci.biz
We would also appreciate receiving your comments on how we can further improve the CACCI Profile in terms of its format and contents. Thank you for your kind attention, and we look forward to your continued support of the CACCI and its activities.
CACCI VPs take on Designated Portfolio
The incumbent CACCI Vice Presidents have agreed to take a lead role in initiating and implementing programs and projects for their designated portfolios during the rest of their term in office. Following the 92nd CACCI Council Meeting held online on November 20 last year, the incumbent Vice Presidents were requested to indicate which of the […]
The incumbent CACCI Vice Presidents have agreed to take a lead role in initiating and implementing programs and projects for their designated portfolios during the rest of their term in office.
Following the 92nd CACCI Council Meeting held online on November 20 last year, the incumbent Vice Presidents were requested to indicate which of the CACCI activities they prefer to be responsible for to help achieve CACCI’s objectives of promoting the interest of CACCI members.
After sorting out their indicated preferences, CACCI President Mr. Samir Modi have assigned each of the CACCI Presidents to take the lead in the following CACCI activities:
Policy advocacy – Mr. Peter McMullin (Australia)
Participation in Inter-governmental organizations involved in regional cooperation (e.g., ASEAN, APEC, etc.) – Sheikh Fazle Fahim (Bangladesh)
Strengthening of relationships with other regional and international business organizations (ICC, Eurochambres, etc.) – Rifat Hisarciklioglu (Turkey)
Promoting trade and investments among CACCI member countries – Teruo Asada (Japan)
Information exchange program (publications, social media, etc.) – Henry Kao (Taiwan)
Annual Council meetings and Conferences – Dr. Pedram Soltani (Iran)
Each of the Vice Presidents has been requested to propose programs and projects for his designated portfolio.
Research Study Proposal on “Resurrecting The World Trading System”
Background In 1990, the Confederation of Asia-Pacific Chambers of Commerce and Industry (CACCI) commissioned the Centre for International Economics (CIE) in Australia to undertake a study and report entitled “Western Trade Blocs“ which was launched at a CATO Institute event – (Please see page 5 of the September/October 1990 issue of the Cato […]
Research Study Proposal on “Resurrecting The World Trading System”
Background
In 1990, the Confederation of Asia-Pacific Chambers of Commerce and Industry (CACCI) commissioned the Centre for International Economics (CIE) in Australia to undertake a study and report entitled “Western Trade Blocs“ which was launched at a CATO Institute event – (Please see page 5 of the September/October 1990 issue of the Cato Policy Report which can be accessed and downloaded through the following link: https://www.cato.org/sites/cato.org/files/serials/files/policy-report/1990/10/v12n5.pdf). The report was then presented at a number of subsequent meetings including the ICC World Council meeting of that year.
Back when CACCI did the “Western Trade Blocs” study the issue was “Fortress Europe”, shutting out Asia and there was no satisfactory trade analysis model ‘on the shelf ‘ at the time to show what was at stake. This CACCI did and it was helpful in addressing the issue. It led to briefings of the Taiwanese Cabinet (and President) and high-level meetings around the world.
Now, 30 years on and with pandemic, trade tensions, military tensions, the rise of China and the rules-based order faltering, CACCI is again willing to undertake a contemporary study on trade liberalisation.
The context of the trade issue facing business across Asia and globally has now changed. Now, the issue is the demise of the global trading system and extreme uncertainty about the future. Most CACCI member nations are medium or small players in the global system with much at stake in a global multilateral system of stable and predictable rules governing international trade and investment.
It is a deep-seated problem, not easy to fix (otherwise we would have fixed it by now), hence, requiring significant resources and commitment to solving.
While issues with the WTO and other institutions are well known, governments have struggled to overcome these and have allowed confidence in these institutions that have been in place for many decades, to become seriously eroded.
Business now needs to step into the breach and provide detailed analysis of the current situation and the reforms needed to support the world in a post-COVID growth phase that will be needed by all.
The CACCI study also comes at a time when leadership of both the WTO and the OECD are being renewed. The WTO Ministerial Council (MC12) has been delayed and is now being planned to be held in Nur-Sultan, Kazakhstan in June 2021.
The outcomes of the CACCI study will assist to inform and support WTO reform to ensure that the next generation of growth has the appropriate institutional framework for rules-based trade. The CACCI report should be ready in time for the MC 12 meeting currently planned for June 2021.
The project will comprise of a contemporary study and macroeconomic assessment covering the following issues:
(1) The world trading system as a public good
The multilateral trading system is a global public good that can aid exchange and investment to the benefit of everyone, currently provided under a set of international agreements supervised by the WTO.
(2) The demise of the trading system and WTO
This system is breaking down:
Failure of Doha Round (despite millions of dollars spent)
Rising protection, especially NTB’s – the most pernicious sort!
Resort to trade sanctions to get geopolitical aims (eg nuclear disarmament in Iran, human rights in Hong Kong etc)
Outright trade wars (e.g., between US and China)
The proliferation of FTA’s, many of which are not welfare-enhancing
Failure of dispute settlement body
Rising uncertainty with lower investment
(3) Why this breakdown matters?
This breakdown matters enormously:
Costs x% of world GDP and y% lower investment (results from a global macro model)
While it is in each country’s interests to open trade unilaterally, acting together offers far larger gains and lower adjustment costs
(4) Why has the breakdown happened?
The breakdown has happened for several reasons:
Inconsistencies, loopholes, confusion in current rules that give mixed messages to the public about the benefits of global trade
Lack of institutional repair as things have changed (e.g., data sharing, knowledge and technology transfer, IP, how to handle SOE’s, etc.)
Trying to get trade policy to do too much in areas it has no business (e.g., human rights, labour standards – need to “stick to its knitting”)
Geopolitical realignment and lack of hegemony – US-China shift
Lack of genuine transparency and informing domestic constituency about benefits and costs of barriers to trade and investment
(5) What to do to fix the system
The way forward is to address these shortcomings:
Need to revise, revamp existing loopholes, remove inconsistencies, simplify rules down to core elements (especially Rule #1 and Rule #3)
New rules to address new issues
Deal with global issues in the right fora – “stick to trade and commerce knitting” (e.g., human rights to the human right commission, etc.)
Introduce genuine domestic transparency on trade policies
Have the new Secretary General of the WTO set up an expert panel (as was done before in the Leutwiler report) to nut out these issues
Steering Committee for CACCI Study on World Trading System Formed
As part of preparations for the conduct of the CACCI research study on “Resurrecting the World Trading System”, a Steering Committee has been formed to ensure that the study is conducted in an orderly way and the agreed timelines and expectations are met. Composed of CACCI officers and other selected CACCI members, the Committee is […]
Steering Committee for CACCI Study on World Trading System Formed
As part of preparations for the conduct of the CACCI research study on “Resurrecting the World Trading System”, a Steering Committee has been formed to ensure that the study is conducted in an orderly way and the agreed timelines and expectations are met.
Composed of CACCI officers and other selected CACCI members, the Committee is expected to play an important role in helping the research to achieve its potential by providing valuable comments and inputs on the substance and coverage of the research study.
The study will cover the following topics: (a) The world trading system as a public good; (b) The demise of the trading system and WTO; (c) Why this breakdown matters; (d) Why has the breakdown happened; and (e) What to do to fix the system. The study is seen as an opportunity to reposition CACCI as a serious policy advocate for the business sector (and in particular small business) on a global scale.
“TOBB Digitalization Virtual Fair” on January 26-27, 2021
CACCI is pleased to invite its members to join the Union of Chambers and Commodity Exchanges of Turkey’s (TOBB) “TOBB Digitalization Virtual Fair ” to be held on January 26-27, 2021. To be open 24 hours a day, the two-day Virtual Fair aims to enhance the digital transformation process of SMEs and to eliminate the […]
“TOBB Digitalization Virtual Fair” on January 26-27, 2021
CACCI is pleased to invite its members to join the Union of Chambers and Commodity Exchanges of Turkey’s (TOBB) “TOBB Digitalization Virtual Fair ” to be held on January 26-27, 2021.
To be open 24 hours a day, the two-day Virtual Fair aims to enhance the digital transformation process of SMEs and to eliminate the lack of information and to provide access in this field. By attending the event, participants will not only be able to conduct one-on-one meetings with companies from different sectors, but also join webinars on topics of: (1) Digital transformation in economy; (2) The key of digitalization: 5G and the internet of things; and (3) The new normal: digitalization.
For more information on the event as well as on registration, interested parties may wish to visit the official website at: https://tobb.org.tr/sanalfuar/ , or contact TOBB directly via the following e-mail: sanalfuar2021@tobb.org.tr .
CACCI Profile – January edition available
Taipei – The January 2021 issue of the monthly CACCI Profile newsletter is available in PDF format and ready for download HERE. It is our ardent hope that this monthly publication is useful to you and your work, and enables you to know more about the CACCI, our members, and their activities. If you wish other members of […]
Taipei – The January 2021 issue of the monthly CACCI Profile newsletter is available in PDF format and ready for download HERE.
It is our ardent hope that this monthly publication is useful to you and your work, and enables you to know more about the CACCI, our members, and their activities. If you wish other members of your organization to receive a copy of the CACCI Profile, please send us their names, titles/positions, and email addresses through cacci@cacci.biz
We would also appreciate receiving your comments on how we can further improve the CACCI Profile in terms of its format and contents. Thank you for your kind attention, and we look forward to your continued support of the CACCI and its activities.
CACCI Council endorses research study on “Resurrecting the World Trading System”
CACCI Council members at the recently concluded 92nd CACCI Council Meeting held on November 20, 2020 approved the proposal made by the CACCI Advisory Board to commission a research study on “Resurrecting the World Trading System.” In 1990, CACCI commissioned the Centre for International Economics in Australia – under the leadership of Dr. Andrew Stoeckel […]
CACCI Council endorses research study on “Resurrecting the World Trading System”
CACCI Council members at the recently concluded 92nd CACCI Council Meeting held on November 20, 2020 approved the proposal made by the CACCI Advisory Board to commission a research study on “Resurrecting the World Trading System.”
In 1990, CACCI commissioned the Centre for International Economics in Australia – under the leadership of Dr. Andrew Stoeckel – to undertake a study and report entitled “Western Trade Blocs”. Today, some 30 years on and with the pandemic, trade tensions, military tensions, the rise of China and the rules-based order faltering with the World Trade Organization (WTO) losing its way, it was proposed that CACCI should again conduct a contemporary study on trade liberalisation. To this end, several CACCI Officers, among them Advisory Board Chariman Mr. Kenneth Court, President Samir Modi, CACCI Vice President Mr. Peter McMullin, and Mr. Bryan Clark from the Australian Chamber of Commerce and Industry (ACCI) — once again approached Dr. Stoeckel – currently Honorary Professor at the Centre for Applied Macroeconomic Analysis at the Australian National University – to prepare a proposal on the research study.
The new study will cover the following topics:
The world trading system as a public good
The demise of the trading system and WTO
Why this breakdown matters
Why the breakdown happened
What to do to fix the system
The research study is estimated to be completed within 12 months, with the final draft ready in 10 months. Review of the final draft is expected to be completed in one month, with an additional month to incorporate comments. The CACCI Council agreed on the importance of the proposed study to help address current issues surrounding trade and investment, while at the same time raising the profile of CACCI as a serious policy advocate for the business.
Samir Modi, CACCI President and Executive Director, K. K. Modi Group
The current global market environment – with many countries more concerned with national security and economic self-interests, leading to a rise in nationalism and protectionism regionally and globally – has made the issue of trade liberalization less of a priority among many economies. And given the growing trend to pursue bilateral economic relationships among many countries, the prevailing circumstances are expected to have further adverse impact on multilateral relationships. It is therefore an opportune time to examine how the world trading system has deteriorated to its current state, and what can be done to remedy the situation. The Confederation of Asia-Pacific Chambers of Commerce and Industry (CACCI), with its initiative to conduct the study on “Resurrecting the World Trading System”, hopes to focus efforts to the right questions and processes to achieve this important objective.
Mr. Kenneth Court, CACCI Advisory Board Chairman and CACCI President Emeritus
In a time of better communications and rapid decision-making, the resolution of international trade disputes needs to be simplified. A clear mechanism enabling prompt decision-making will not only assist business but also lead to more open dialogue between nations.
Mr. PeterMcMullin, CACCI Vice President and Board Member, ICC Australia
The proposed CACCI trade study is a vital piece of leadership at this critical stage in our collective history.
As we all know, the world trading system is in disarray, and needs a reset. The study will diagnose the problem, and suggest possible and practical solutions. The CACCI Steering Committee will provide the necessary oversight of the study, and ensure that it remains focussed on the task at hand.
In the post Covid-19 environment, we all need to find ways to build back better, stronger and differently. Doing nothing is not an option for any of our valued members.
We owe it to the rich and productive history of CACCI to embrace this study, and to promote it not only with our members in the Asia-Pacific region, but with the entire global community. As trade is foundational to the economic recovery, I think it is in all our interests to seek to advocate that recommendations from the study are adopted by the broader business community and its many organisations.
Dr. Pedram Soltani, CACCI Vice President and Former First Vice President, ICCIMA
The world is in the midst of drastic changes and the impacts of such changes have grappled the world trade. Protectionism has never been so threatening the globalization since the inception of WTO. Asia, the driving force of the global trade growth in the 21st century, has to be more sensitive to such threats. CACCI, as a continent-wide organization for the private sector, has correctly and timely felt the exigence of paying attention to the headwinds of the World Trading System.
The future of the world trade should be more protected by those players who have a higher stake in shaping it. I am privileged to be a member of the steering committee of the research project about flaws and present challenges of the world trade system, run by the CACCI and believe it could be a flagship work of this multilateral institution.
CACCI Secretariat tours MiTAC Corp.
CACCI Deputy Director-General Mr. Amador Honrado (8th from left, front) joined other representatives in Taiwan of embassies and trade and economic offices from other countries during their visit to MiTAC Information Technology Corp. held on October 20, 2020. Organized by the Taiwan External Trade Development Council (TAITRA), the visit to MiTAC – a Taiwanese electronics […]
CACCI Deputy Director-General Mr. Amador Honrado (8th from left, front) joined other representatives in Taiwan of embassies and trade and economic offices from other countries during their visit to MiTAC Information Technology Corp. held on October 20, 2020.
Organized by the Taiwan External Trade Development Council (TAITRA), the visit to MiTAC – a Taiwanese electronics company established in 1982 – provided the participants the opportunity to get a better understanding of Taiwan’s capabilities as one of the leading ICT providers in the world. MiTAC has a wealth of experience in system integration and has participated in numerous projects in other countries, such as the Philippines and Indonesia, among others. MiTAC’s businesses cover mobile and automotive solutions, client computing solutions and enterprise solutions that are tailor made to satisfy regional and global market requirements.
SME Development Council’s newsletter available
Taipei – CACCI is pleased to share with its members the Eleventh Volume of the SME Development Council’s newsletter under the Chairmanship of George Abraham. Please click here to read or download. We hope that this publication will provide its readers with adequate information about the latest developments in the small and medium enterprise (SME) sector in […]
Taipei – CACCI is pleased to share with its members the Eleventh Volume of the SME Development Council’s newsletter under the Chairmanship of George Abraham. Please click here to read or download.
We hope that this publication will provide its readers with adequate information about the latest developments in the small and medium enterprise (SME) sector in the Asia Pacific region.
Members are encouraged to contribute articles for our future issues. Kindly forward your materials (preferably with accompanying photos) to mig.moreno@cacci.biz.
Thank you, and with best regards.
Ernest Lin Director-General
CACCI
CACCI Profile – November edition available
Taipei – The November issue of the monthly CACCI Profile newsletter is available in PDF format and ready for download HERE. It is our ardent hope that this monthly publication is useful to you and your work, and enables you to know more about the CACCI, our members, and their activities. If you wish other members of your […]
Taipei – The November issue of the monthly CACCI Profile newsletter is available in PDF format and ready for download HERE.
It is our ardent hope that this monthly publication is useful to you and your work, and enables you to know more about the CACCI, our members, and their activities. If you wish other members of your organization to receive a copy of the CACCI Profile, please send us their names, titles/positions, and email addresses through cacci@cacci.biz
We would also appreciate receiving your comments on how we can further improve the CACCI Profile in terms of its format and contents. Thank you for your kind attention, and we look forward to your continued support of the CACCI and its activities.
CACCI Profile – December edition available
Taipei – The December issue of the monthly CACCI Profile newsletter is available in PDF format and ready for download HERE. It is our ardent hope that this monthly publication is useful to you and your work, and enables you to know more about the CACCI, our members, and their activities. If you wish other members of your […]
Taipei – The December issue of the monthly CACCI Profile newsletter is available in PDF format and ready for download HERE.
It is our ardent hope that this monthly publication is useful to you and your work, and enables you to know more about the CACCI, our members, and their activities. If you wish other members of your organization to receive a copy of the CACCI Profile, please send us their names, titles/positions, and email addresses through cacci@cacci.biz
We would also appreciate receiving your comments on how we can further improve the CACCI Profile in terms of its format and contents. Thank you for your kind attention, and we look forward to your continued support of the CACCI and its activities.
Nominations for CACCI Awards Extended to 31 May 2021
As agreed by the CACCI Council Meeting held on November 20, 2020, we wish to advise you that: The deadline for submission of online nomination for the four CACCI Awards, namely the 9th Local Chamber Awards, 8th Asia-Pacific Young Entrepreneur Award, 3rd Asia-Pacific Woman Entrepreneur Award, and 4th Hydropower and Clean Energy Excellence Award, […]
Nominations for CACCI Awards Extended to 31 May 2021
As agreed by the CACCI Council Meeting held on November 20, 2020, we wish to advise you that:
The deadline for submission of online nomination for the four CACCI Awards, namely the 9th Local Chamber Awards, 8th Asia-Pacific Young Entrepreneur Award, 3rd Asia-Pacific Woman Entrepreneur Award, and 4th Hydropower and Clean Energy Excellence Award, will be extended to June 30, 2021; and
The final selection of winners and the presentation ceremony of the Awards will be made during the Virtual 35th CACCI Conference to be held on November 2, 2021.
We encourage your Chamber to participate in the CACCI Awards Program and submit your online nominations for each of the following four Award categories by clicking on the appropriate space below:
Should you have further questions, please do not hesitate to let us know by e-mail at cacci@cacci.biz.
Thank you, and best regards.
Sincerely yours,
Ernest Lin Director-General Confederation of Asia-Pacific Chambers of Commerce and Industry
ICC Saudi Arabia Chairman holds Online Meeting with CACCI Secretariat
Mr. Yassin Alsuroor, Vice Chair of the International Chamber of Commerce (ICC) and concurrently Chairman of ICC Saudi Arabia (and Executive Chairman of A’amal Group), touched base with executives of the CACCI Secretariat on July 13 to discuss the possibility of CACCI organizing a webinar during the upcoming B20 Summit tentatively scheduled on October 26- […]
ICC Saudi Arabia Chairman holds Online Meeting with CACCI Secretariat
Mr. Yassin Alsuroor, Vice Chair of the International Chamber of Commerce (ICC) and concurrently Chairman of ICC Saudi Arabia (and Executive Chairman of A’amal Group), touched base with executives of the CACCI Secretariat on July 13 to discuss the possibility of CACCI organizing a webinar during the upcoming B20 Summit tentatively scheduled on October 26- 27, 2020.
The B20 is a forum through which the private sector produces policy recommendations for the annual meeting of the Group of 20 (G20) leaders. The B20 brings together business leaders from across G20 member countries to reflect the key role of the private sector as the main driver of strong, sustainable and balanced growth. The B20 Summit serves as the occasion for the B20 members to present their final policy recommendations to the G20 Presidency. CACCI has been invited to participate in the activities of B20 in previous years. This year’s B20 is chaired by Saudi Arabia.
92nd CACCI Council Meeting – virtual on 20 November 2020
With the ongoing Covid-19 pandemic continuing to prevent people from taking foreign trips, CACCI is left with no choice but to hold this year’s 92nd CACCI Council Meeting in a virtual format. The virtual meeting of CACCI members will be held on November 20th 2020, from 02:00 pm to 04:00 pm, Taipei time, with the […]
92nd CACCI Council Meeting – virtual on 20 November 2020
With the ongoing Covid-19 pandemic continuing to prevent people from taking foreign trips, CACCI is left with no choice but to hold this year’s 92nd CACCI Council Meeting in a virtual format.
The virtual meeting of CACCI members will be held on November 20th 2020, from 02:00 pm to 04:00 pm, Taipei time, with the Federation of Indian Chambers of Commerce and Industry (FICCI) as supporting organization. It is hoped that all Primary Members will be represented in the Council Meeting, given its virtual nature.
To be chaired by CACCI President Mr. Samir Modi, this year’s gathering of the CACCI Council, which is the governing body of the Confederation, will be reviewing the activities of CACCI since the last meeting in November 2019 held in Dhaka, Bangladesh, the proposed CACCI Work Program for the next two years, preparations for the 2021 CACCI Conference, the proposed budget for 2021, and proposals for new projects and research study, among others.
The annotated meeting agenda, the link to the meeting platform, and other relevant details was send to the designated representatives of Primary Members prior to the meeting. The latest tentative agenda can be viewed as follows:
Virtual 92nd CACCI Council Meeting
November 20, 2020, 02:00 PM – 04:00 PM, Taipei Time
TENTATIVE AGENDA
(1) Call to Order
(2) Approval of Tentative Agenda
(3) Approval of the Previous Minutes
(4) Report of the Director-General
(5) Financial Report
(6) Membership Report
(7) Report of the Advisory Board
(8) Election of CACCI Officers for 2020-2022
(9) Consideration of the Framework for the 2020-2022 CACCI Work Program
(10) Report of the CACCI Budget Commission
(11) Update on the CACCI Awards
9th Local Chamber Awards
8th Asia-Pacific Young Entrepreneur Award
3rd Asia-Pacific Woman Entrepreneur Award
4th Hydropower and Clean Energy Award
(12) Preparations for the 35th CACCI Conference
(13) Creation of the CACCI Planning Committee
(14) Other Matters
(15) Resolution of Thanks to FICCI
(16) Adjournment
CACCI Profile – October edition available
Taipei – The October issue of the monthly CACCI Profile newsletter is available in PDF format and ready for download HERE. It is our ardent hope that this monthly publication is useful to you and your work, and enables you to know more about the CACCI, our members, and their activities. If you wish other members of your […]
Taipei – The October issue of the monthly CACCI Profile newsletter is available in PDF format and ready for download HERE.
It is our ardent hope that this monthly publication is useful to you and your work, and enables you to know more about the CACCI, our members, and their activities. If you wish other members of your organization to receive a copy of the CACCI Profile, please send us their names, titles/positions, and email addresses through cacci@cacci.biz
We would also appreciate receiving your comments on how we can further improve the CACCI Profile in terms of its format and contents. Thank you for your kind attention, and we look forward to your continued support of the CACCI and its activities.
34th CACCI Conference Virtual on October 30th, 2020 “Achieving Sustainable Growth in a Turbulent and Disruptive Global Market”
CACCI wishes to remind all its members, associates and friends to register – if you have not done so already – for the virtual 34th CACCI Conference to be organized by the Confederation of Asia-Pacific Chambers of Commerce and Industry (CACCI), with the support of the Federation of Indian Chanmbers of Commerce and Industry (FICCI), […]
34th CACCI Conference Virtual on October 30th, 2020 “Achieving Sustainable Growth in a Turbulent and Disruptive Global Market”
CACCI wishes to remind all its members, associates and friends to register – if you have not done so already – for the virtual 34th CACCI Conference to be organized by the Confederation of Asia-Pacific Chambers of Commerce and Industry (CACCI), with the support of the Federation of Indian Chanmbers of Commerce and Industry (FICCI), on October 30, 2020 from 2:00 PM to 03:45 PM, Taipei Time.
Focusing on the theme “Achieving Sustainable Growth in a Turbulent and Disruptive Global Market”, this year’s CACCI Conference – the first-ever to be held by CACCI in an online format – will feature speakers who will elaborate on their perspectives on current trends, challenges, and uncertainties in the world market environment and geopolitical landscape, and the role of governments and businesses in mitigating the impact of these market developments and global disruptions on the economy and business operations. The webinar participants will therefore have the opportunity to explore what the new normal might look like and prepare for it, to better understand the current landscape they are operating in, and to know what they need to do to resume operations and achieve business recovery. Attached is a copy of the latest Conference Program.
Focus Areas of Discussion
(1) How the Asian economies are being shaped by the COVID-19 containment measures
(2) The Challenge of Restoring the Multilateral Trading System
(3) The China-US Trade Friction and its Impact on the Global Economy
Register in advance for this complimentary virtual Conference through the following link:
Taipei – The September issue of the monthly CACCI Profile newsletter is available in PDF format and ready for download HERE. It is our ardent hope that this monthly publication is useful to you and your work, and enables you to know more about the CACCI, our members, and their activities. If you wish other members of your organization […]
Taipei – The September issue of the monthly CACCI Profile newsletter is available in PDF format and ready for download HERE.
It is our ardent hope that this monthly publication is useful to you and your work, and enables you to know more about the CACCI, our members, and their activities. If you wish other members of your organization to receive a copy of the CACCI Profile, please send us their names, titles/positions, and email addresses through cacci@cacci.biz
We would also appreciate receiving your comments on how we can further improve the CACCI Profile in terms of its format and contents. Thank you for your kind attention, and we look forward to your continued support of the CACCI and its activities.
“Achieving Sustainable Growth in a Turbulent and Disruptive Global Market” – Virtual 34th CACCI Conference October 30, 2020
The virtual Conference will feature invited speakers who will exchange views on current trends, challenges, and uncertainties in the world market environment and geopolitical landscape, and the role of governments and businesses in mitigating the impact of these market developments and global disruptions on the economy and business operations. It aims to provide the […]
“Achieving Sustainable Growth in a Turbulent and Disruptive Global Market” – Virtual 34th CACCI Conference October 30, 2020
The virtual Conference will feature invited speakers who will exchange views on current trends, challenges, and uncertainties in the world market environment and geopolitical landscape, and the role of governments and businesses in mitigating the impact of these market developments and global disruptions on the economy and business operations. It aims to provide the participants the opportunity to explore what the new normal might look like and prepare for it, to better understand the current landscape they are operating in, and to know what they need to do to resume operations and achieve business recovery.
Proposed Program
(As of September 21, 2020)
02:00pm – 02:05pm Welcome Statement by FICCI President Dr. Sangita Reddy
02:05pm – 02:10pm Opening Remarks by CACCI President Mr. Samir Modi
02:10pm – 02:30pm Keynote Speech by Dr. Rajiv Kumar, Vice Chairman, NITI Aayog
02:30pm – 02:50pm Presentation by Mr. Abdul Abiad, Director, Macroecononic Research Division, Economic Research and Regional Cooperation Department, Asian Development Bank
02:50pm – 03:10pm Presentation by Dr. Andrew Stoeckel, Honorary Professor, Centre for Applied Macroeconomic Analysis, Australian National University
03:10pm – 03:30pm Presentation by Mr. Richard Koo, Chief Economist, Nomura Research Institute (To be confirmed)
Virtual 34th CACCI Conference on “Achieving Sustainable Growth in a Turbulent and Disruptive Global Market” in October 30th 2020
CACCI invites members, associates and friends to join the virtual 34th CACCI Conference to be held on October 30, 2020. Focusing on the theme “Achieving Sustainable Growth in a Turbulent and Disruptive Global Market.” the virtual Conference will feature invited speakers and panelists who will exchange views on current developments, challenges and disruptions in the […]
Virtual 34th CACCI Conference on “Achieving Sustainable Growth in a Turbulent and Disruptive Global Market” in October 30th 2020
CACCI invites members, associates and friends to join the virtual 34th CACCI Conference to be held on October 30, 2020.
Focusing on the theme “Achieving Sustainable Growth in a Turbulent and Disruptive Global Market.” the virtual Conference will feature invited speakers and panelists who will exchange views on current developments, challenges and disruptions in the regional and world market environment and geopolitical landscape and how these impact on the economies and business operations of the region.
The CACCI Secretariat is currently coordinating with the Federation of Indian Chambers of Commerce and Industry (FICCI) on the preparations for the virtual Conference. Members will be duly notified as soon as the Conference Program and other relevant arrangements are finalized.
The three areas of discussion to be presented are:
(1) The emerging challenges in the global environment such as the ongoing US-China trade war, US sanctions on certain economies, the protracted Hong Kong protest movement, security-related challenges, the COVID-19 pandemic, and natural and man-made disasters; and how to mitigate their negative impact on the economy and on business.
(2) How the Asian economies are being shaped by the Covid-19 containment measures and the resulting reduction in mobility, weak external demand, and disruptions in global and regional supply chains.
(3) The need of businesses for digital transformation to achieve sustainable growth, for training and management of the workforce to meet market challenges, and the role of businesses in mitigating the impact of market disruptions (such as the Covid-19 pandemic, climate change and other natural or man-made disasters) on their business operations as well as on their customers.
We look forward to your participation in our virtual gathering this year. Should you have questions at this stage, please do let us know by writing to cacci@cacci.biz
CACCI Profile – August edition available
Taipei – The August issue of the monthly CACCI Profile newsletter is available in PDF format and ready for download HERE. It is our ardent hope that this monthly publication is useful to you and your work, and enables you to know more about the CACCI, our members, and their activities. If you wish other members of your […]
Taipei – The August issue of the monthly CACCI Profile newsletter is available in PDF format and ready for download HERE.
It is our ardent hope that this monthly publication is useful to you and your work, and enables you to know more about the CACCI, our members, and their activities. If you wish other members of your organization to receive a copy of the CACCI Profile, please send us their names, titles/positions, and email addresses through cacci@cacci.biz
We would also appreciate receiving your comments on how we can further improve the CACCI Profile in terms of its format and contents. Thank you for your kind attention, and we look forward to your continued support of the CACCI and its activities.
MHP is Newest CACCI Lifetime Special Member
PrJSC Myronovskiy Hliboproduct (MHP), a vertically integrated agrarian holding headquartered in Kiev, Ukraine, has become the newest Lifetime Special Member of the Confederation of AsiaPacific Chambers of Commerce and Industry (CACCI). MHP is the leading Ukrainian producer of poultry products, with a total production of more than 700,000 tons per year. The company exports its […]
PrJSC Myronovskiy Hliboproduct (MHP), a vertically integrated agrarian holding headquartered in Kiev, Ukraine, has become the newest Lifetime Special Member of the Confederation of AsiaPacific Chambers of Commerce and Industry (CACCI). MHP is the leading Ukrainian producer of poultry products, with a total production of more than 700,000 tons per year.
The company exports its products to more than 70 countries. It has production facilities in the Netherlands, Slovenia, and Slovakia, and a distribution office in the UAE. MHP’s vertically-integrated business model provides an ability to control the quality of products “from the field to fork”.
MHP owns and operates modern facilities at each of the key stages of chicken production processes: grain and fodder production; egg incubation and grow-out; processing; marketing; and sales and distribution. This enables maintenance of strict biosecurity standards throughout the entire production process and enhances quality control.
As part of its verticallyintegrated business model, MHP grows corn, sunflower and soya to support its chicken production. Grains such as wheat and rape are also grown for sale to third parties. The company leases agricultural land located primarily in the highly fertile black soil regions of Ukraine. MHP is headed by its CEO and major shareholder Yuriy Kosyuk.
CACCI meets with Indian Representative in Taiwan
CACCI Director-General Mr. Ernest Lin (2nd from right) had a lunch meeting on July 15, 2020 in Taipei with Mr. Rishikesh Swaminathan Ravikumar, Deputy Director-General of India Taipei Association (3rd from left). They were joined by Mr. Guann-Jyh Lee, Deputy Director-General, Bureau of Foreign Trade, Ministry of Economic Affairs, Republic of China (Taiwan) (right); Dr. […]
CACCI Director-General Mr. Ernest Lin (2nd from right) had a lunch meeting on July 15, 2020 in Taipei with Mr. Rishikesh Swaminathan Ravikumar, Deputy Director-General of India Taipei Association (3rd from left).
They were joined by Mr. Guann-Jyh Lee, Deputy Director-General, Bureau of Foreign Trade, Ministry of Economic Affairs, Republic of China (Taiwan) (right); Dr. Madhu Cherukury, CEO, Allgenesis Biotherapeutics Inc. (2nd from left); and CACCI Deputy Director-General Mr. Amador Honrado (left).
Discussions focused on business and investment opportunities for Indian companies in Taiwan, among others.
CACCI Profile – June edition available
Taipei – The June issue of the monthly CACCI Profile newsletter is available in PDF format and ready for download HERE. It is our ardent hope that this monthly publication is useful to you and your work, and enables you to know more about the CACCI, our members, and their activities. If you wish other members of your […]
Taipei – The June issue of the monthly CACCI Profile newsletter is available in PDF format and ready for download HERE.
It is our ardent hope that this monthly publication is useful to you and your work, and enables you to know more about the CACCI, our members, and their activities. If you wish other members of your organization to receive a copy of the CACCI Profile, please send us their names, titles/positions, and email addresses through cacci@cacci.biz
We would also appreciate receiving your comments on how we can further improve the CACCI Profile in terms of its format and contents. Thank you for your kind attention, and we look forward to your continued support of the CACCI and its activities.
Young Entrepreneurs newsletter available
CACCI is pleased to make available the 21st edition of Young Entrepreneurs Group Asia-Pacific, the newsletter of the Young Entrepreneur Group of Asia-Pacific (YEGAP) under the chairmanship of Ms. Anna Marie Periquet from the Philippines. We hope that this edition– and the future ones– will continue to serve as an effective platform for an exchange […]
CACCI is pleased to make available the 21st edition of Young Entrepreneurs Group Asia-Pacific, the newsletter of the Young Entrepreneur Group of Asia-Pacific (YEGAP) under the chairmanship of Ms. Anna Marie Periquet from the Philippines.
We hope that this edition– and the future ones– will continue to serve as an effective platform for an exchange of information among young entrepreneurs in the region.
If you wish to contribute articles or other materials that can be published in the next newsletter, you may send them through the CACCI Secretariat’s e-mail address at cacci@cacci.biz
Thank you and best regards.
Sincerely yours,
Ernest Lin Director-General
CACCI
CACCI Profile – July edition available
Taipei – The July issue of the monthly CACCI Profile newsletter is available in PDF format and ready for download HERE. It is our ardent hope that this monthly publication is useful to you and your work, and enables you to know more about the CACCI, our members, and their activities. If you wish other members of your […]
Taipei – The July issue of the monthly CACCI Profile newsletter is available in PDF format and ready for download HERE.
It is our ardent hope that this monthly publication is useful to you and your work, and enables you to know more about the CACCI, our members, and their activities. If you wish other members of your organization to receive a copy of the CACCI Profile, please send us their names, titles/positions, and email addresses through cacci@cacci.biz
We would also appreciate receiving your comments on how we can further improve the CACCI Profile in terms of its format and contents. Thank you for your kind attention, and we look forward to your continued support of the CACCI and its activities.
CACCI Tourism newsletter available
Taipei – CACCI is pleased to inform all members that the 22nd Volume of CACCI Tourism Newsletter under the Chairmanship of Mr. Anura Lokuhetty from Sri Lanka is available for download. We hope that this publication will serve as an effective platform for an exchange of information among the tourism sector in the CACCI region. Members are, therefore, […]
Taipei – CACCI is pleased to inform all members that the 22nd Volume of CACCI Tourism Newsletter under the Chairmanship of Mr. Anura Lokuhetty from Sri Lanka is available for download.
We hope that this publication will serve as an effective platform for an exchange of information among the tourism sector in the CACCI region. Members are, therefore, encouraged to contribute articles for our future issues. Kindly forward your materials (preferably with accompanying photos) to wendy.yang@cacci.org.tw
Thank you, and with best regards.
Sincerely yours,
Ernest Lin Director-General
CACCI
XIV CACCI Health & Education newsletter available
Taipei – We are pleased to inform you that the fourteenth Volume of CACCI Health & Education Newsletter has been formally issued. You can download the newsletter HERE. We hope that this publication will serve as an effective platform for an exchange of information among the sector of health and education in the CACCI region. Members are, therefore, encouraged […]
We hope that this publication will serve as an effective platform for an exchange of information among the sector of health and education in the CACCI region. Members are, therefore, encouraged to contribute articles for our future issues. Kindly forward your materials (preferably with accompanying photos) to wendy.yang@cacci.org.tw
Request for Project Proposals for Funding by the CACCI Foundation
CACCI would like to invite Chamber members to submit formal proposals on projects that they wish to be financed by the CACCI Foundation. As members are aware, the CACCI Foundation was established in 2006 to help Primary and Affiliate Members implement projects aimed at promoting entrepreneurship and the development of small and medium enterprises (SMEs). […]
Request for Project Proposals for Funding by the CACCI Foundation
CACCI would like to invite Chamber members to submit formal proposals on projects that they wish to be financed by the CACCI Foundation.
As members are aware, the CACCI Foundation was established in 2006 to help Primary and Affiliate Members implement projects aimed at promoting entrepreneurship and the development of small and medium enterprises (SMEs). The ultimate objective is to assist chambers in Asian developing countries to become sustained contributors to the economic development of the private sector.
Since its establishment, the CACCI Foundation has helped finance the following four projects (pictured above), with each one receiving US$5,000:
(1) “Youth Business Sri Lanka Programme” in Sri Lanka – Managed by the Ceylon Chamber of Commerce, the Programme provided assistance (in the form of a loan of US$500 and mentoring support) to enterprising youths who have viable business plans but do not have financial resources;
(2) “Life Forever Beautiful-Organic Mongolia” in Mongolia – An initiative of the Mongolian National Chamber of Commerce and Industry (MNCCI), the project was aimed at procuring yak’s milk from herders, with the view to creating a foundation for milk production.
(3) “Promoting Women Entrepreneurship Through Development of SMEs” in Bangladesh – Initiated by the Barisal Women Chamber of Commerce and Industry (BWCCI), the project assisted the entrepreneurial development of women, especially the less fortunate ones, in Barisal, which is an old port located some 353 kilometers from Dhaka in southern Bangladesh.
(4) “Empowering Women Entrepreneurs in Cosmetic Industry” in Mongolia – The MNCCI project is primarily aimed at strengthening the capacity of female-owned cosmetic companies by conducting training to some 200 employees (both women and men) of the 30 Mongolian companies engaged in the manufacture of end-use cosmetics.
CACCI calls on all Chambers to submit their formal proposals on projects – either ongoing or still to be implemented – that encourage entrepreneurship and promote the growth and development of SMEs, thereby helping us achieve the objective of the CACCI Foundation.
To serve as your guide in preparing the project proposal, please download HERE, a copy of the Project Proposal Framework outlining the suggested elements of the project proposal.
We would appreciate it very much if you could submit to us your project proposal/s by August 15, 2020, if possible.
Should you have further questions, please write to cacci@cacci.biz.
Nominations to 2020 CACCI Awards extended to November 30th
Due to the Covid-19 pandemic which has led to lockdown in many countries and thereby resulted in the decision to hold the virtual 34th CACCI Conference instead of having a face-to-face meeting, CACCI wishes to advise that: (a) The deadline for submission of online nomination for CACCI Awards, namely the 9th Local Chamber Awards, […]
Nominations to 2020 CACCI Awards extended to November 30th
Due to the Covid-19 pandemic which has led to lockdown in many countries and thereby resulted in the decision to hold the virtual 34th CACCI Conference instead of having a face-to-face meeting, CACCI wishes to advise that:
(a) The deadline for submission of online nomination for CACCI Awards, namely the 9th Local Chamber Awards, 8th Asia-Pacific Young Entrepreneur Award, 3rd Asia-Pacific Woman Entrepreneur Award, and 4th Hydropower and Clean Energy Excellence Award, will be Online nomination extended to November 30, 2020; and
(b) The final selection of winners and the presentation ceremony of the Awards will be made during the 35th CACCI Conference to be held in Wellington, New Zealand in 2021, instead of the original schedule of October 2020 in Taipei.
CACCI encourage your Chamber to participate in the CACCI Award Program and submit your online nominations for each of the following four Award categories by clicking on the appropriate space below:
Should you have further questions, please do not hesitate to CACCI by e-mail at cacci@cacci.biz.
Virtual conference on “Roadmap Towards Back-to-Business for Asia Pacific Countries”
CACCI is pleased to invite members, partners and friends to participate in the virtual conference on “Roadmap Towards Back-to-Business for Asia Pacific Countries” jointly organized by CACCI and the Federation of Indian Chambers of Commerce and Industry (FICCI) on June 2, 2020, at 11:30 AM, India time. As you are well aware, the COVID-19 pandemic […]
Virtual conference on “Roadmap Towards Back-to-Business for Asia Pacific Countries”
CACCI is pleased to invite members, partners and friends to participate in the virtual conference on “Roadmap Towards Back-to-Business for Asia Pacific Countries” jointly organized by CACCI and the Federation of Indian Chambers of Commerce and Industry (FICCI) on June 2, 2020, at 11:30 AM, India time.
As you are well aware, the COVID-19 pandemic has triggered economic and social shocks globally, sparing no nation from its devastating multi-dimensional impacts, further exacerbating existing vulnerabilities and inequalities and leading to immense suffering in regions around the world. With the economic fallout from the global spread of COVID-19 continuing to increase, FICCI and CACCI have invited representatives from selected CACCI member chambers – including those from Japan, the Philippines, Australia, Sri Lanka, Turkey, Georgia, Bangladesh and India – to convene online for a panel discussion.
The panelists will share information and their insights on: (a) the expected impact of the health crisis on their respective economies; (b) what the business sector and government authorities in their countries are doing to mitigate the impact of the crisis on the economy and to safeguard business operations; (c) what measures are currently being set in place as part of efforts to put back the economy and businesses on the road to recovery; and (d) the challenges – and opportunities – that their markets face at the present time and what businesses have learned from this situation.
Hereunder are the relevant details on the virtual conference.
Event: Roadmap towards back to business for Asia Pacific Countries
Date and time: Tuesday, June 2, 2020 11:30 am India Time (Mumbai, GMT+05:30)
Duration: 1.5 hours
Description: Roadmap towards back to business for Asia Pacific Countries
Event number: 913 359 754
Event password: INT2020
CACCI Joins Virtual 15th ASEAN-BAC JBCs Meeting
The Confederation of Asia-Pacific Chambers of Commerce and Industry (CACCI) participated in the 15h ASEAN Business Advisory Council (ASEAN-BAC) Joint Business Councils (JBCs) meeting held via Zoom on May 15, 2020. Chaired by Dr. Doan Duy Khuong from ASEAN-BAC Vietnam and Vice President of Vietnam Chamber of Commerce and Industry (VCCI), and moderated by Mr. […]
The Confederation of Asia-Pacific Chambers of Commerce and Industry (CACCI) participated in the 15h ASEAN Business Advisory Council (ASEAN-BAC) Joint Business Councils (JBCs) meeting held via Zoom on May 15, 2020.
Chaired by Dr. Doan Duy Khuong from ASEAN-BAC Vietnam and Vice President of Vietnam Chamber of Commerce and Industry (VCCI), and moderated by Mr. Gil Gonzales, Executive Director of ASEAN-BAC Secretariat, the two-hour virtual meeting discussed possible JBC response to COVID-19 and the way forward. Among others, the participants considered the ASEAN Secretariat Report on the economic impact of the COVID-19 pandemic and proposed policy recommendations. Representatives of each of the JBCs also provided updates on their recent and upcoming activities to help mitigate the impact of the pandemic.
Representing CACCI during the video conference was Mr. George Abraham, Chairman of the CACCI SME Development Council and Chairman and Managing Director of The GA Group Pte Ltd. from Singapore, Also in attendance were CACCI Director-General Mr. Ernest Lin and Deputy Director-General Mr. Amador Honrado Jr.
In his report to the meeting, Mr. Abraham:
Cited the disparate nature of the impacts of the COVID-19 pandemic across nations in the region. He noted that Australia and New Zealand are just about out of the virus critical stages with highly successful lockdowns and are now moving towards the reopening of our economies to international travel. Other nations in the region, on the other hand, are not so fortunate.
Underscored the importance of the update of digital technology and to cement the gains and not see a return to the “old ways” post crisis. Especially related to trade and trade facilitation such as trade documents. However, across Asia there are still embedded systems that are constraining trade, especially much-needed health supplies as well as “normal trade” in goods and services that are vital to all economies across our region.
Stressed the need to counter the rise in nationalism and protectionism. Revision to “beggar thy neighbour” policies will see catastrophic consequences well beyond the virus. All business groups must champion free trade and seek to remove barriers to trade including tariffs and non-tariff barriers. This is also true for investment.
Cited the importance of movement of people for the economic success of the region, particularly for labour, education, and tourism, among others. Obviously, this can only be done when it is “safe” and appropriate protocols are observed for some time to come. Airlines and other industries dependent on movement of people will be critically disadvantaged if lockdowns continue too long.
Pointed out the need for the market to continue to operate. Businesses fail all the time. Stimulus measures should not be aimed at subsidising non-viable business – no matter how large they are. Subsidies are a transfer of taxpayer money to business and need to be rejected. The market-based systems of allowing business to flourish and provide jobs needs to be restored as quickly as possible in all nations.
CACCI joined the virtual meeting as an Associate Member of the ASEAN-BAC JBCs. The Confederation was admitted as Associate Member in June 2019.
CACCI Advisory Board Members hold virtual meeting
Members of the CACCI Advisory Board, composed of past and current Presidents of the Confederation of Asia-Pacific Chambers of Commerce and Industry (CACCI), held a virtual meeting on May 20, 2020 to discuss how CACCI should adopt to the changing world brought about by the COVID-19 pandemic and maintain its relevance to its members. Presided […]
Members of the CACCI Advisory Board, composed of past and current Presidents of the Confederation of Asia-Pacific Chambers of Commerce and Industry (CACCI), held a virtual meeting on May 20, 2020 to discuss how CACCI should adopt to the changing world brought about by the COVID-19 pandemic and maintain its relevance to its members.
Presided by Advisory Board Chairman Mr. Kenneth Court from Australia, the virtual meeting was attended by Mr. Harvey Chang from Taiwan, Amb. Benedicto Yujuico from the Philippines, Mr. Jemal Inaishvili from Georgia, and the incumbent CACCI President Mr. Samir Modi from India. Also in attendance were CACCI Secretariat officers led by Director General Mr. Ernest Lin as well as Ms. Aneesha Duggal, Special Assistant to Mr. Modi.
The Advisory Board members exchanged views and insights on how the Confederation can continue to serve and be of value to its members under the current circumstances and uncertainties caused by the pandemic.
Among other, they shared ideas on how to continue bringing members together during this time when congregating in person is not possible, how to assist and learn from each other as they face identical challenges across the region, how to maintain communications with and among members to keep them informed and learn from each other’s experiences; and how to move forward into the future under the so-called new normal created not only by the pandemic but also by the changing geopolitical and global economic landscapes.
The Advisory Board agreed to hold more virtual meetings on a regular basis to discuss issues that may arise during these difficult times and the critical things members can do together to see this through.
CACCI Food & Agriculture newsletter available
Taipei – We are pleased to inform you that the Fourteenth Volume of CACCI Food & Agriculture Newsletter, the publication of the Asian Council on Food and Agriculture, has been formally issued. You can download the newsletter HERE. We hope that this publication will serve as an effective platform for an exchange of information among the food & […]
Taipei – We are pleased to inform you that the Fourteenth Volume of CACCI Food & Agriculture Newsletter, the publication of the Asian Council on Food and Agriculture, has been formally issued.
We hope that this publication will serve as an effective platform for an exchange of information among the food & agriculture sector in the CACCI region. Members are, therefore, encouraged to contribute articles for our future issues. Kindly forward your materials (preferably with accompanying photos) to wendy.yang@cacci.biz.
CACCI Profile – May edition available
Taipei – The May issue of the monthly CACCI Profile newsletter is available. You are invited to download the version in PDF format HERE. It is our ardent hope that this monthly publication is useful to you and your work, and enables you to know more about the CACCI, our members, and their activities. If you wish other members […]
Taipei – The May issue of the monthly CACCI Profile newsletter is available. You are invited to download the version in PDF format HERE. It is our ardent hope that this monthly publication is useful to you and your work, and enables you to know more about the CACCI, our members, and their activities. If you wish other members of your organization to receive a copy of the CACCI Profile, please send us their names, titles/positions, and email addresses through cacci@cacci.biz
We would also appreciate receiving your comments on how we can further improve the CACCI Profile in terms of its format and contents. Thank you for your kind attention, and we look forward to your continued support of the CACCI and its activities.
Boston Consulting Group’s Perspectives on COVID-19
The Boston Consulting Group (BCG) shared with CACCI members the 3rd edition of the integrated BCG Perspectives document on COVID-19 to support them in navigating the turbulent times brought about by the pandemic which “has led to a global, societal crisis that needs to be addressed collaboratively by leaders worldwide.” According to BCG, the effects on […]
Boston Consulting Group’s Perspectives on COVID-19
The Boston Consulting Group (BCG) shared with CACCI members the 3rd edition of the integrated BCG Perspectives document on COVID-19 to support them in navigating the turbulent times brought about by the pandemic which “has led to a global, societal crisis that needs to be addressed collaboratively by leaders worldwide.”
According to BCG, the effects on the economy, sectors, business, and society are extraordinary, and they are challenging governments and business leaders globally to find tailored answers to urgent and important issues.
BCG believes that to navigate through the crisis, leaders need to take a multi-timescale perspective, preparing their responses across three phases: (1) FLATTEN the spread of the virus; (2) Collectively FIGHT the virus, preserve public health and progressively reopen sectors of economy and society; and (3) Prepare for the FUTURE. Organizations managing this change well, will emerge stronger from the crisis.
Hereunder are the major points of the report:
Many countries are starting to establish preconditions for a controlled restart, as COVID-19 continues to be a global challenge to societies
Governments’ actions and societal adherence continue to deliver results in flattening the curve; allowing us to consider relaxation of lockdowns
However, health care capacity (e.g. masks) and testing (e.g. currently unreliable serology) remain major issues
Business preparation (e.g. health protocols; workplace safety) and public response (e.g. revised social norms) are key to ensure a sustainable transition
Impact on economy, sectors, and business remains severe in 2020; rebound to pre-crisis levels not expected by end of 2021
Length of ‘Fight’ phase dependent on many unknowns; accelerated movement toward vaccine or treatment at scale could limit ‘Fight’ phase to 12-24 months; data from therapeutics will emerge in a few months—drugs likely to reduce severity of infection
Estimating the economic, sector, and business impact requires scenario-thinking to navigate the crisis
Current consumer sentiment suggests some willingness to resume activities post lockdown but not to pre-crisis levels (even with treatment)
Economic forecasts point to severe downturn in 2020—global rebound to pre-COVID levels not expected before 2021
Total shareholder returns (TSR) have rebounded over the last 20 days, most sectors still hit; there are clear winners even in hard hit sectors
To emerge stronger from the crisis requires fast, decisive action; business leaders need to concurrently think across multiple time horizons
To navigate through the crisis, leaders can leverage real-time, high-frequency, leading indicators to understand patterns and societal shifts
Experience from prior crises suggests that winners innovate to accelerate out of crisis and seek bold moves, e.g. M&A
We recommend nine action areas to business leaders that allow companies to emerge stronger
‘Winning the Fight’ improves odds to also ‘Win the Future’
BCG is an American management consulting firm founded in 1963. The firm has more than 90 offices in 50 countries, and is considered one of the three most prestigious employers in management consulting.
If you have questions on the report, please contact:
Il-Dong Kwon Managing Director & Partner M (HK, WhatsApp, Viber) +852 5665 4908, M (VN) +84 86 988 0362 kwon.ildong@bcg.com www.bcg.com
Theme and Topics of the 34th CACCI Conference in 2020
CACCI is pleased to inform members and friends that this year’s 34th CACCI Conference, which will be held on October 29-30, 2020 in Taipei, Taiwan, will carry the theme “Achieving Sustainable Growth in a Turbulent and Disruptive Global Market”. Experts from the business sector, relevant government agencies, multilateral and regional organizations, and the academe will […]
Theme and Topics of the 34th CACCI Conference in 2020
CACCI is pleased to inform members and friends that this year’s 34th CACCI Conference, which will be held on October 29-30, 2020 in Taipei, Taiwan, will carry the theme “Achieving Sustainable Growth in a Turbulent and Disruptive Global Market”.
Experts from the business sector, relevant government agencies, multilateral and regional organizations, and the academe will be invited to share their views during the Conference Plenary Sessions on the following topics:
Session One:
Emerging Challenges in the Global Landscape
The session will feature speakers who will share their views on the new and emerging challenges in the global environment such as the ongoing US-China trade war, US sanctions on certain economies, the protracted Hong Kong protest movement, security-related challenges, natural disasters, and corona virus pandemic; and how to mitigate their negative impact on business.
Session Two:
Embracing New Technologies and Innovation for Competitive Advantage
Discussions will focus on opportunities presented by new and emerging technologies (block chain, AI and machine learning, digital platforms, 3D printing, mobile payments, etc.) to make business more innovative, more efficient, less costly, and more responsive to the changing needs of customers.
Session Three:
Creating a Business Model for a Sustainable Future
Speakers – from both the private and government sectors -will be invited to share their insights and perspectives on how to create and maintain a sustainable business model that takes into account effective risk management, good governance, product and customer diversity, business ethics, fair employment policies, appropriate management methods, corporate social responsibility, the conservation of the environment, and other sustainable operating practices aimed at increasing the resilience of business operations.
Session Four:
CEO Forum – Business Strategies Amidst Global Market Disruptions
This session will feature CEOs who will exchange their views on current developments and challenges in the world market environment, the need for digital transformation of businesses to achieve sustainable growth, training and management of the workforce to meet market challenges, the role of businesses in mitigating the impact of climate change and other natural or man-made disasters on their business operations as well as on their customers.
In addition, this year’s Conference will once again feature a special session on “Discover Business Opportunities Through CACCI”. During this special session brief country presentations will be made by selected CACCI member chambers and CACCI Knowledge Partners on the economic situation and the trade and investment opportunities in their respective countries, or on special programs, projects, products or services of their respective organizations that have benefited their constituencies or the community they serve and may be adapted by CACCI members from other countries.
The Tentative Program for the Conference can be downloaded HERE. Other relevant information – e.g., hotel accommodation, registration procedure, etc. – will be sent to members as soon as these are available.
In the meantime, we would appreciate it very much if you could send us your suggestions on possible speakers, panelists, and chairman/moderator for each of the Conference sessions. Please let us know your thoughts by filling out the Speaker Suggestion Form and returning it to us through our e-mail at cacci@cacci.biz, or our fax number +886 2 2760 7569, if possible by April 15, 2020.
Once again, we count on your valuable participation for the successful outcome of the annual gathering this year. Should you have questions at this stage, please do not hesitate to let us know.
Thank you, and we look forward to seeing you at our Conference in Taipei, Taiwan on October 29-30, 2020.
Sincerely yours,
Ernest Lin Director-General CACCI
Trade Facilitation Newsletter available
CACCI is pleased to share with its members volume IX of the Trade Facilitation Newsletter. We hope that this publication will provide you with adequate information about the latest advances in trade facilitation among countries in the Asia Pacific region. Members are encouraged to contribute articles for our future issues. Kindly forward your materials (preferably with […]
CACCI is pleased to share with its members volume IX of the Trade Facilitation Newsletter. We hope that this publication will provide you with adequate information about the latest advances in trade facilitation among countries in the Asia Pacific region.
Members are encouraged to contribute articles for our future issues. Kindly forward your materials (preferably with accompanying photos) to mig.moreno@cacci.biz.
Thank you, and with best regards.
Sincerely yours,
Ernest Lin Director-General CACCI
Invitation to suggest CACCI Product & Service Councils’ Representatives
CACCI wishes to follow up on our earlier request for your Chamber’s representatives in each of the following currently active CACCI Product and Service Councils (PSCs): Asian Council on Tourism (ACT) Asian ICT Council (AICTC) Asian Council on Food and Agriculture (ACFA) Asian Council on Health and Education (ACHE) Asian Council on Water, Energy, […]
Invitation to suggest CACCI Product & Service Councils’ Representatives
CACCI wishes to follow up on our earlier request for your Chamber’s representatives in each of the following currently active CACCI Product and Service Councils (PSCs):
Asian Council on Tourism (ACT)
Asian ICT Council (AICTC)
Asian Council on Food and Agriculture (ACFA)
Asian Council on Health and Education (ACHE)
Asian Council on Water, Energy, and Environment (ACWEE)
SME Development Council (SMEDC)
CACCI Women Entrepreneurs Council (CWEC)
Young Entrepreneurs Group Asia Pacific (YEGAP)
As you very well know, any organization is only as strong and effective as its members. We are therefore looking for representatives from your Chamber with the following qualifications:
Have a strong interest and commitment to actively participate in the programs and projects of the PSC;
Willing and financially capable to travel at least once a year to attend meetings of the PSC;
In a position to serve as an effective liaison between the PSC and the sectoral association in his/her country;
Proficient in English;
Eager and willing to render voluntary work for the PSC
Please send us the names and contact details of your designated representatives to each of the above-mentioned PSCs by filling out the attached Nomination Form, and sending it back to us through our Fax No. (886 2) 2760-7569, or by e-mail at cacci@cacci.biz.
In compliance with the approved Governance Framework and Terms of Reference for the PSCs, we would appreciate it very much if, from among your duly designated representatives in each PSC, you can name at most two of them whom you would want to serve in the Executive Committee (which is the governing body) of the PSC concerned,
We hope to hear from you by April 30, 2020 if possible. We will then invite your designated representatives to the 34th CACCI Conference to be held on October 29-30, 2020 in Taipei where they can participate in the breakout sessions of their respective s.
Your kind attention is most appreciated.
Thank you very much, and best regards.
Sincerely yours,
Ernest Lin Director-General CACCI
CACCI Profile – April issue available
Taipei – The April issue of the monthly CACCI Profile newsletter is available. You are invited to download the version in PDF format HERE. It is our ardent hope that this monthly publication is useful to you and your work, and enables you to know more about the CACCI, our members, and their activities. If you wish other members […]
Taipei – The April issue of the monthly CACCI Profile newsletter is available. You are invited to download the version in PDF format HERE. It is our ardent hope that this monthly publication is useful to you and your work, and enables you to know more about the CACCI, our members, and their activities. If you wish other members of your organization to receive a copy of the CACCI Profile, please send us their names, titles/positions, and email addresses through cacci@cacci.biz
We would also appreciate receiving your comments on how we can further improve the CACCI Profile in terms of its format and contents. Thank you for your kind attention, and we look forward to your continued support of the CACCI and its activities.
SME Development Newsletter available
CACCI is pleased to share with its members the Tenth Volume of the SME Development Council’s newsletter. We hope that this publication will provide you with adequate information about the latest developments in the small and medium enterprise (SME) sector in the Asia Pacific region. Members are encouraged to contribute articles for our future issues. Kindly […]
CACCI is pleased to share with its members the Tenth Volume of the SME Development Council’s newsletter. We hope that this publication will provide you with adequate information about the latest developments in the small and medium enterprise (SME) sector in the Asia Pacific region.
Members are encouraged to contribute articles for our future issues. Kindly forward your materials (preferably with accompanying photos) to mig.moreno@cacci.biz.
Thank you, and with best regards.
Sincerely yours,
Ernest Lin Director-General
CACCI
Water, Energy & Environment Newsletter available
CACCI has the pleasure to present to its members the “Asian Council on Water, Energy and Environment (ACWEE)” newsletter, edition 9, 2020. This publication is a compendium of relevant news, reports, and analyses on recent developments in the water, clean energy and environment sector in Asia Pacific countries. Members are encouraged to contribute articles for […]
CACCI has the pleasure to present to its members the “Asian Council on Water, Energy and Environment (ACWEE)” newsletter, edition 9, 2020. This publication is a compendium of relevant news, reports, and analyses on recent developments in the water, clean energy and environment sector in Asia Pacific countries.
Members are encouraged to contribute articles for our future issues. Kindly forward your materials (preferably with accompanying photos) to mig.moreno@cacci.biz.
Thank you, and with best regards.
Sincerely yours,
Ernest Lin Director-General CACCI
34th CACCI Conference to be held on October 29-30, 2020 in Taipei, Taiwan
CACCI is pleased to inform all CACCI officers, members, and partners that the 34th CACCI Conference will be held on October 29-30, 2020 in Taipei, Taiwan This year’s gathering will be jointly hosted by the Chinese International Economic Cooperation Association (CIECA) and the Chinese National Association of Industry and Commerce (CNAIC). Relevant information – e.g., […]
34th CACCI Conference to be held on October 29-30, 2020 in Taipei, Taiwan
CACCI is pleased to inform all CACCI officers, members, and partners that the 34th CACCI Conference will be held on October 29-30, 2020 in Taipei, Taiwan
This year’s gathering will be jointly hosted by the Chinese International Economic Cooperation Association (CIECA) and the Chinese National Association of Industry and Commerce (CNAIC).
Relevant information – e.g., Tentative Program, hotel accommodation, registration procedure, etc. – will be sent to members as soon as these are available. In the meantime, may we request you to already block the dates in your calendar of events this year?
Once again, we are counting on your valuable participation for the successful outcome of our annual gathering this year. Should you have questions at this stage, please do not hesitate to let us know.
Thank you, and we look forward to seeing you all in Taipei in end-October.
With best regards. Sincerely yours,
Ernest Lin Director-General CACCI
Immediate Past CACCI President attends WCF General Council Meeting in Paris
Mr. Jemal Inaishvili, Immediate Past President of the Confederation of Asia-Pacific Chambers of Commerce and Industry (CACCI), represented CACCI in the meeting of the ICC World Chambers Federation (WCF) General Council held on February 12-13, 2020 in Paris. One of the highlights of the meeting was the formal presentation by each of the three chambers […]
Immediate Past CACCI President attends WCF General Council Meeting in Paris
Mr. Jemal Inaishvili, Immediate Past President of the Confederation of Asia-Pacific Chambers of Commerce and Industry (CACCI), represented CACCI in the meeting of the ICC World Chambers Federation (WCF) General Council held on February 12-13, 2020 in Paris.
One of the highlights of the meeting was the formal presentation by each of the three chambers bidding to host the 13th World Chambers Congress scheduled to take place in 2023. The three bidders are the Chamber of Commerce and Industry of the Russian Federation (a CACCI Primary Member), the Stavanger Chamber of Commerce and Industry from Norway, and the Geneva Chamber of Commerce , Industry and Services.
As a transnational chamber, CACCI is a Permanent Member of the ICC WCF General Council, the governing body of the WCF.
CACCI Profile – February issue available
Taipei – The February issue of the monthly CACCI Profile newsletter is available. You are invited to download the version in PDF format HERE. It is our ardent hope that this monthly publication is useful to you and your work, and enables you to know more about the CACCI, our members, and their activities. If you wish other members […]
Taipei – The February issue of the monthly CACCI Profile newsletter is available. You are invited to download the version in PDF format HERE. It is our ardent hope that this monthly publication is useful to you and your work, and enables you to know more about the CACCI, our members, and their activities. If you wish other members of your organization to receive a copy of the CACCI Profile, please send us their names, titles/positions, and email addresses through cacci@cacci.biz
We would also appreciate receiving your comments on how we can further improve the CACCI Profile in terms of its format and contents. Thank you for your kind attention, and we look forward to your continued support of the CACCI and its activities.
CACCI Joint Workshop on “Incoterms 2020 & Documentary Credits and Bank Guarantees”
CACCI plans to organize, in cooperation with interested Primary Members, two-day workshops on Incoterms 2020 & Documentary Credits and Bank Guarantees in the first quarter of 2020. The workshops will be conducted on a road-show format covering two or three countries. In this regard, we would like to know whether member Chambers are interested to […]
CACCI Joint Workshop on “Incoterms 2020 & Documentary Credits and Bank Guarantees”
CACCI plans to organize, in cooperation with interested Primary Members, two-day workshops on Incoterms 2020 & Documentary Credits and Bank Guarantees in the first quarter of 2020. The workshops will be conducted on a road-show format covering two or three countries. In this regard, we would like to know whether member Chambers are interested to host the workshop under a cost-sharing arrangement as outlined in the ANNEX 1 form.
As the international commercial terms 2020 (Incoterms 2020) are applicable starting January 1, 2020, being familiar with all changes and their impact is a must in the international trade and finance world. By attending this workshop, participants will be able to get the most adequate advice and solution to their needs. In addition, the workshop will also focus on model sales contracts, documentary credits and demand guarantees, as well as current developments in the trade finance – approaching digitalization.
Major outlines of the workshop include:
(1) Differences and similarities: Incoterms 2020 versus Incoterms 2010
What are the main changes in the new Revision? What has been discussed during the revision process and has been taken on board? What, on the other hand, has been left unchanged, despite the profound consultations?
(2) Direct and indirect impact on buyers and sellers sales contracts
What buyers and sellers should know about the changes to accommodate their needs in their contracts of sale? How to adjust the terms for one´s specific needs? Learn how to use standard model international sales contracts.
(3) Changes with possible impact on Letter of Credits operations
Which changes will have impact on the documentation and thus on documentary payments such as Letters of Credit? How to best reflect each Incoterm 2020 in the L/C terms and conditions? What are the common pitfalls and challenges when using the Letter of Credit as means of payment?
(4) Practical scenarios and different case studies to be aware of and/or to predict their impact while handling a Letter of Credit Practical studies to demonstrate proper use of the Incoterm trade terms in conjunction with Letters of Credit. E-term, F-terms, C-terms and D-terms: their particular challenges for the L/C users.
(5) Case studies on import and export Letter of Credit operations Cases to learn how to prevent common errors and problems when using documentary credits in importing and exporting goods.
(6) Bank Guarantees in international practice How to draft a proper terms and conditions of a bank guarantee, learning about various clauses, conditions.
(7) Digitalization of trade finance What are the current trends and developing solutions in the area of digitalization of international trade finance?
The proposed DAY 1 and DAY 2 of the program can be downloaded for consultation.
The two-day workshop will be conducted by Mr. Pavel Andrle, who is Secretary to the Banking Commission of ICC Czech Republic as well as Member of UCP 600 Consulting Group, ICC Banking Commission Global Supply Chain Finance Forum Working Group, ICC Task Force on Guarantees and ICC Banking Commission.
Please let us know if your Chamber is interested to host the proposed workshop under the proposed cost-sharing arrangements by filling out the RESPONSE FORM Form and returning it to us through our Fax No. (886 2) 2760-7569.
Thank you, and we hope to hear from you soon.
Ernest Lin Director-General CACCI
CACCI Profile – January issue available
Taipei – The January issue of the monthly CACCI Profile newsletter is available. You are invited to download the version in PDF format HERE. It is our ardent hope that this monthly publication is useful to you and your work, and enables you to know more about the CACCI, our members, and their activities. If you wish other members […]
Taipei – The January issue of the monthly CACCI Profile newsletter is available. You are invited to download the version in PDF format HERE. It is our ardent hope that this monthly publication is useful to you and your work, and enables you to know more about the CACCI, our members, and their activities. If you wish other members of your organization to receive a copy of the CACCI Profile, please send us their names, titles/positions, and email addresses through cacci@cacci.biz
We would also appreciate receiving your comments on how we can further improve the CACCI Profile in terms of its format and contents. Thank you for your kind attention, and we look forward to your continued support of the CACCI and its activities.
Online Nomination for the 2020 CACCI Awards
We are pleased to announce the launching of the Online Nomination for the CACCI Awards to be presented during the 34th CACCI Conference to be held later this year. The awards aim to recognize and honor individuals, companies, and chambers not only for their outstanding achievements in their respective fields but also for providing services […]
We are pleased to announce the launching of the Online Nomination for the CACCI Awards to be presented during the 34th CACCI Conference to be held later this year.
The awards aim to recognize and honor individuals, companies, and chambers not only for their outstanding achievements in their respective fields but also for providing services that benefit the communities in which they operate.
We encourage your Chamber to participate in this year’s CACCI Award Program and submit your online nominations for each of the following four categories by clicking on the appropriate space below. Please use your GMAIL account in order to APPLY:
Should you have further questions, please do not hesitate to let us know by e-mail at cacci@cacci.biz.
Thank you, and best regards.
Sincerely yours,
Ernest Lin Director-General Confederation of Asia-Pacific Chambers of Commerce and Industry
CACCI Foundation-Funded Training Program for Women in Cosmetic Industry
The Mongolian National Chamber of Commerce and Industry (MNCCI) successfully completed the CACCI Foundation-funded training program designed for women in cosmetic industry. Conducted in-house at MNCCI and at the Corporate Hotel in Ulaanbaatar, the training program was held from January 10 to January 24, 2020 and was attended by 30 trainees, of whom 28 […]
CACCI Foundation-Funded Training Program for Women in Cosmetic Industry
The Mongolian National Chamber of Commerce and Industry (MNCCI) successfully completed the CACCI Foundation-funded training program designed for women in cosmetic industry.
Conducted in-house at MNCCI and at the Corporate Hotel in Ulaanbaatar, the training program was held from January 10 to January 24, 2020 and was attended by 30 trainees, of whom 28 were women and two were men.
The MNCCI project is the beneficiary of a US$5,000 grant from the CACCI Foundation named “Empowering Women Entrepreneurs in Cosmetic Industry,” which is primarily aimed at strengthening the capacity of female-owned cosmetic companies by conducting training to some 200 employees (both women and men) of the 30 Mongolian companies engaged in the manufacture of end-use cosmetics.
The subjects covered by the training program included: (a) Hygiene and general requirements for the cosmetic industry; (b) Selection of raw materials for cosmetics and methods of suppressing the smell of ram material of animal origin; (c) Physical and chemical structure of vegetable and animal fats and properties; (d) Animal fat and vegetable oil processing methodology; (e) Antioxidant raw materials in Mongolia and their usage in the cosmetic industry; (f) Chemicals used in cosmetics; (g) EU market entry using requirement export system.
CACCI Food & Agriculture newsletter available
Taipei – We are pleased to inform you that the Thirteenth Volume of CACCI Food & Agriculture Newsletter, the publication of the Asian Council on Food and Agriculture, has been formally issued. You can download the newsletter HERE. We hope that this publication will serve as an effective platform for an exchange of information among the […]
Taipei – We are pleased to inform you that the Thirteenth Volume of CACCI Food & Agriculture Newsletter, the publication of the Asian Council on Food and Agriculture, has been formally issued.
We hope that this publication will serve as an effective platform for an exchange of information among the food & agriculture sector in the CACCI region. Members are, therefore, encouraged to contribute articles for our future issues. Kindly forward your materials (preferably with accompanying photos) to wendy.yang@cacci.biz.
CACCI Profile – December issue available
Taipei – The December issue of the monthly CACCI Profile newsletter is available. You are invited to download the version in PDF format HERE. It is our ardent hope that this monthly publication is useful to you and your work, and enables you to know more about the CACCI, our members, and their activities. If you wish other members […]
Taipei – The December issue of the monthly CACCI Profile newsletter is available. You are invited to download the version in PDF format HERE. It is our ardent hope that this monthly publication is useful to you and your work, and enables you to know more about the CACCI, our members, and their activities. If you wish other members of your organization to receive a copy of the CACCI Profile, please send us their names, titles/positions, and email addresses through cacci@cacci.biz
We would also appreciate receiving your comments on how we can further improve the CACCI Profile in terms of its format and contents. Thank you for your kind attention, and we look forward to your continued support of the CACCI and its activities.
CACCI 2019 Year-End Review available
CACCI is pleased to make available to its members a copy of the CACCI 2019 Year-End Review which summarizes our Confederation’s activities over the past year. CACCI would like to take this opportunity to thank its members for the cooperation and assistance they have extended in undertaking CACCI’s projects and programs in 2019. Without members’ […]
CACCI is pleased to make available to its members a copy of theCACCI 2019 Year-End Review which summarizes our Confederation’s activities over the past year.
CACCI would like to take this opportunity to thank its members for the cooperation and assistance they have extended in undertaking CACCI’s projects and programs in 2019. Without members’ help, CACCI would not have accomplished what it had set out to do for the year.
CACCI looks forward to members continued support of the CACCI and its activities in 2020, and CACCI hope to see members, friends and partners in our gatherings in the year ahead.
With best regards.
Sincerely yours,
Ernest Lin Director-General Confederation of Asia-Pacific Chambers of Commerce and Industry
Why is there a backlash to Smart Cities?
An interview with Eugénie L. Birch Co-Director of the Penn Institute for Urban Research Eugenie Birch is the co-director of the Penn Institute for Urban Research and the Lawrence C. Nussdorf chair of Urban Research and Education. BRINK asked her whether she saw any common thread to these protests. Photo: Lionel Bonaventure/AFP via […]
An interview with Eugénie L. Birch
Co-Director of the Penn Institute for Urban Research
Eugenie Birch is the co-director of the Penn Institute for Urban Research and the Lawrence C. Nussdorf chair of Urban Research and Education. BRINK asked her whether she saw any common thread to these protests.
Photo: Lionel Bonaventure/AFP via Getty Images
Photo: A person speaks on the phone as they walk in front of buildings near Paris. People tend to think that their privacy is being invaded by devices that are being used under smart-city rubrics.
Eugenie Birch: Fear. What’s uniting the protests is fear. People tend to think that their privacy is being invaded by devices that are being used under smart-city rubrics. In addition, they’re fearful about how the government might use any data that it collects — and not only big government, but also corporations, who might be selling that data. There’s just a lack of transparency about what’s happening to data right now, and that then multiplies when one thinks about the increase in activity in smart cities.
BRINK: So in your view, it’s mainly a concern about the use of data, rather than necessarily an opposition to the use of technology itself?
Ms. Birch: Well, I think they’re intertwined. I also think there is a lack of rules around the use of technology, so that also makes people quite uncomfortable. Some of these complaints are justified because, in the face of an absence of control around the use of the collected data, it can be like the Wild West out there. Even the providers would welcome more transparency and accountability in this area.
BRINK: A lot of the protests seem to center on the question of transparency and communication between the companies, the local government and the people.
Ms. Birch:At the local level, you have mayors or advisers who are being pressured by many different companies that want to provide them with various services, and I think it’s difficult for them to make the choices.
A number of useful studies on smart cities have emerged recently on this issue. One is the Building a Hyperconnected City project by the ESI Thought Lab, a two year initiative surveying city leaders, companies and citizens about the uses of technology. Its key purpose is to understand their perceptions about the topic, while also developing metrics for assessing the return on investment of various smart city approaches.
By the way, I would like to tip my hat to higher-level bureaucrats in very large cities who are extremely knowledgeable and open to innovation. I live in New York City, and the ability to deliver water, collect garbage, provide transportation efficiently and regularly is just amazing. The care and scale with which these people engage in these activities is something to be admired.
With regard to the use of technology and its governance, I think having the conversations with these higher-level leaders is extremely important.
BRINK: You’ve been quoted as saying that you think that citizens need to be better educated on this issue. Can you give an idea of what you mean?
Ms. Birch: People have to understand how they’re being monitored right now. Just by carrying a cellphone, your location is known; just by using Google, your interests are known. So I think people should be more knowledgeable about how much is already known and being used in terms of their data.
Then, they need to think about the drawbacks and advantages of the use of this data. There needs to be a lot more conversation about what’s really going on today, in order to make educated judgments about the various proposals put forth in the name of smart cities.
BRINK: Do you have any guidance for companies as to how to engage with these cities in a way that is likely to be successful?
Ms. Birch:I personally have been involved in a number of tours by companies that have extremely interesting labs and applications. It would be very instructive for citizens and local decision-makers to see corporations demonstrate some of the very exciting capacities that they have developed, to the degree they’re able.
MasterCard has a program, for example, where it convenes city leaders, something like 30, 40 meetings a year around these topics. So having conversations with decision-makers, public and private, to understand their needs, their motivations, the difficulties that a politician might have with data — and the benefits that they can get from the use of data — I think is really important.
BRINK: As an urban planner, do you divide between good and bad uses of technology in cities?
Ms. Birch: As an urban planner, I am interested in making human settlements, cities, better places to live. The question is: In what ways can we use technology to do that? And multiple ways come to mind: from very practical public administration efficiencies, such as traffic management, ensuring safety, delivering public health information and monitoring water main leakages, to devices to enhance democratic decision-making, including citizen participation in budgeting and reviewing land-use decisions.
In many places, these things are already in place. For example, traffic controllers have been using technological approaches for decades. In terms of safety, we have seen increasing surveillance in public spaces. My feeling is that such places are public, and if people are doing things they shouldn’t be doing in a public space, the cameras will record them, and the authorities will catch them — that’s OK.
An interesting case is the Quito bus monitoring system that, in the event of molestation, enables a person with a cellphone to send an SMS to the transport agency that immediately activates a siren in the bus and also allows the person to summon police to the next stop. This simple program has increased public transit use, especially by women, older persons and children.
In terms of quality of life, there are lots of rather simple things that are now happening to assist busy people get public services via technology.
BRINK: Is there a way to use technology to do better planning and urban design?
Ms. Birch: Oh absolutely, yes. Low-income, low-capacity countries experiencing rapid urbanization can keep track of this phenomenon with the use of remote sensing either by government-supported satellite services providing periodic maps or from private sector satellites, offering development in real time.
Within a very short time — a few days — you can watch the appearance and growth of a new informal settlement. This data is extremely useful in terms of figuring out what services are needed or if something appears in a vulnerable place and needs a quick response.
The original article can be read at Brink website HERE.
B2B Meetings during CACCI Conference in Dhaka
CACCI invites CACCI members to join the B2B Meetings on the sidelines of the 33rd CACCI Conference. Especially organized by the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI), this year’s host chamber, the B2B Meetings will be scheduled at 03:45 p.m. – 05:15 p.m. on November 27, 2019 at Padma Room, 1st Floor, […]
CACCI invites CACCI members to join the B2B Meetings on the sidelines of the 33rd CACCI Conference. Especially organized by the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI), this year’s host chamber, the B2B Meetings will be scheduled at 03:45 p.m. – 05:15 p.m. on November 27, 2019 at Padma Room, 1st Floor, Pan Pacific Sonargaon Hotel Dhaka.
By joining the B2B Meetings, CACCI members will be able to to explore potential business opportunities and cooperation with their counterparts from other countries as well as from the local.
Interested parties are requested to indicate their interest and business lines by notifying the CACCI Secretariat via e-mail: cacci@cacci.biz and the Conference Secretariat via: 2019cacci@fbcci.org by November 22, 2019.
You can download the latest Program HERE for your perusal.
Thank you, and we look forward to seeing you in Dhaka.
Sincerely yours,
Ernest Lin Director General CACCI
CACCI Profile – November issue available
Taipei – The November issue of the monthly CACCI Profile newsletter is available. You are invited to download the version in PDF format HERE. It is our ardent hope that this monthly publication is useful to you and your work, and enables you to know more about the CACCI, our members, and their activities. If you wish other members […]
Taipei – The November issue of the monthly CACCI Profile newsletter is available. You are invited to download the version in PDF format HERE. It is our ardent hope that this monthly publication is useful to you and your work, and enables you to know more about the CACCI, our members, and their activities. If you wish other members of your organization to receive a copy of the CACCI Profile, please send us their names, titles/positions, and email addresses through cacci@cacci.biz
We would also appreciate receiving your comments on how we can further improve the CACCI Profile in terms of its format and contents. Thank you for your kind attention, and we look forward to your continued support of the CACCI and its activities.
“Discover Business Opportunities Through CACCI” Session During the 33rd CACCI Conference on November 26-27, 2019 in Dhaka, Bangladesh
CACCI wishes to invite all CACCI officers and members to participate in the “Discover Business Opportunities Through CACCI” Session to be held in conjunction with the 33rd CACCI Conference on November 26-27, 2019 in Dhaka, Bangladesh, This special session will feature country presentations by selected member chambers or key partner organizations of CACCI on current […]
“Discover Business Opportunities Through CACCI” Session During the 33rd CACCI Conference on November 26-27, 2019 in Dhaka, Bangladesh
CACCI wishes to invite all CACCI officers and members to participate in the “Discover Business Opportunities Through CACCI” Session to be held in conjunction with the 33rd CACCI Conference on November 26-27, 2019 in Dhaka, Bangladesh,
This special session will feature country presentations by selected member chambers or key partner organizations of CACCI on current economic conditions in their respective countries and opportunities for trade and investments, or on special projects or programs that have benefited their respective constituencies
Invited to make country presentations are the following:
Federation of Bangladesh Chambers of Commerce and Industry
Moscow Chamber of Commerce and Industry
Department of Trade and Industry of the Republic of the Philippines
Union of Chambers and Commodity Exchanges of Turkey
Chamber of Commerce Northern Territory
Attached is a copy of the latest Conference Program for your perusal. Updated information about the Conference will be sent to all members, and will be posted on the Conference and CACCI websites, as soon as they are available.
In the meantime, we encourage you to register for the event and make your hotel booking as early as possible. You may do so on-line by visiting the official Conference website at http://fbcci.org/2019cacci/
Once again, we are counting on your valuable participation for the successful outcome of our annual gathering this year. Should you have questions at this stage, please do not hesitate to let us know.
Thank you, and we look forward to seeing you in Dhaka..
Sincerely yours,
Ernest Lin Director-General CACCI
CACCI Profile – October issue available
Taipei – The October issue of the monthly CACCI Profile newsletter is available. You are invited to download the version in PDF format HERE. It is our ardent hope that this monthly publication is useful to you and your work, and enables you to know more about the CACCI, our members, and their activities. If you wish other members […]
Taipei – The October issue of the monthly CACCI Profile newsletter is available. You are invited to download the version in PDF format HERE. It is our ardent hope that this monthly publication is useful to you and your work, and enables you to know more about the CACCI, our members, and their activities. If you wish other members of your organization to receive a copy of the CACCI Profile, please send us their names, titles/positions, and email addresses through cacci@cacci.biz
We would also appreciate receiving your comments on how we can further improve the CACCI Profile in terms of its format and contents. Thank you for your kind attention, and we look forward to your continued support of the CACCI and its activities.
Young Entrepreneur Groups from Taiwan and Thailand hold Networking Lunch in Taipei
Officers and members of the Third Wednesday Club Young Entrepreneurs Group (TWC YEG) joined with their visiting counterparts from the Young Entrepreneur Chamber of Commerce of Thailand and the Young Entrepreneur Council Bangkok during a Networking Luncheon held on October 4, 2019 in Grand Mayfull Hotel in Taipei, Taiwan. Above photos show the […]
Young Entrepreneur Groups from Taiwan and Thailand hold Networking Lunch in Taipei
Officers and members of the Third Wednesday Club Young Entrepreneurs Group (TWC YEG) joined with their visiting counterparts from the Young Entrepreneur Chamber of Commerce of Thailand and the Young Entrepreneur Council Bangkok during a Networking Luncheon held on October 4, 2019 in Grand Mayfull Hotel in Taipei, Taiwan.
Above photos show the key officers of the three organizations offering a toast to the attendees (above) and the 80-strong delegation from both sides posing for a group photo at the end of the luncheon (below photo).
The Taiwan side was led by Mr. Jerry Hsu, Chairman of TWC-YEG, and the Thailand side was headed by Ms. Prim Jitcharoongphorn, Deputy Secretary General of the Thai Chamber of Commerce. The occasion was graced by the presence of Ambassador Thongchai Chasawat from the Thailand Trade and Economic Office in Taiwan (photo below.)
Are intangibles now the most important asset class in the global economy?
Over the past half century, intangible assets have skyrocketed in terms of their saliency and criticality with respect to modern businesses. Often more difficult to value than physical assets, it is easy to miscalculate a business’s reliance on patents, trademarks, copyrights, trade secrets and similar intellectual property (IP) of the like. From a large technology […]
Are intangibles now the most important asset class in the global economy?
Over the past half century, intangible assets have skyrocketed in terms of their saliency and criticality with respect to modern businesses. Often more difficult to value than physical assets, it is easy to miscalculate a business’s reliance on patents, trademarks, copyrights, trade secrets and similar intellectual property (IP) of the like.
From a large technology company’s source code to a small entrepreneur’s medical device patents, unique IP is more often than not what unlocks considerable investment opportunities, growth and business innovation.
In the modern era, particularly in advanced economies such as the United States, IP matters should be a habitual concern for risk managers and general counsel across the board. Just as a business’s security department would aim to prevent office equipment and inventory from being stolen or misused, the same mindset should apply to the business’s (potentially much more valuable) intangible assets. While IP may demonstrate a more abstract and difficult risk to protect, it should nonetheless be top of mind, and there are new tools to manage and transfer intangible risks that are well-suited to protect these modern assets for the prudent modern business.
Photo: Win McNamee/Getty Images
Photo: The U.S. Supreme Court is shown after members of the court issued major rulings on copyright law in Washington, D.C. There are 13,000 intellectual property lawsuits filed in federal court each year in the U.S. alone.
The Majority of Company Value Is Now Intangible
Recognizing the evolution of IP as an integral part of business is a somewhat newer prospect; many industries have proven to be largely unprepared to protect some of their most vital assets. The World Intellectual Property Organization (WIPO) now claims that IP is the most valuable asset class on the planet. Their data suggests that through the 1980s, tangible assets accounted for around 80% of company value, and now, more than thirty years later, the reverse is the case, with 80% of company value composed of intangibles.
The IP merchant bank Ocean Tomo’s 2015 Intangible Asset Market Value Study said that the S&P 500’s intangible asset base accounts for 84% of the total value of the index, up by an astounding 52% since 1985.
This widespread economic shift has facilitated globalization and the rapid transmission of products and services throughout the world.
We have seen that stronger IP undoubtedly leads to more opportunities for businesses with foresight in terms of accessible financing, scalability, innovation and building as well as maintaining a unique, protectable and valuable brand. The U.S. Chamber of Commerce estimates that IP in the U.S. alone is worth around $6.6 trillion, which is more than the nominal GDP of any other country in the world. Furthermore, IP accounts for 52% of all U.S. merchandise exports, which amounts to nearly $842 billion.
Navigating the Risks of the Intangible Economy
Along with the opportunities for tremendous growth from which developed economies have benefitted for the past half century, the widespread transformation to a less tangible economy carries new problems for modern businesses. Few companies have developed or otherwise obtained sophisticated intellectual capital management capabilities, which would include effective risk management of their intangible assets.
There are 13,000 intellectual property lawsuits filed in federal court each year in the U.S. alone. IP litigation can create inordinate expenses for a business, with U.S. companies spending a total of $3.17 billion in 2018, notwithstanding any eventual settlements or damages owed. With average patent damage awards of $30 million from a settlement and $599 million from a plaintiff verdict, companies can absolutely not afford to be complacent.
Damages at these levels are clearly catastrophic for small businesses and entrepreneurs.
What makes the IP space all that much more litigious is the threat from both practicing entities (competitors or other operating companies), and nonpracticing entities (firms that hold IP assets but do not engage in commerce). Even if a company can prevail in an IP lawsuit, such victories often come at the expense of significant opportunity cost due to the distraction of resources caused by the activity of defending an IP lawsuit — not to mention the potential for an adverse impact on morale. Not surprisingly, some of the most litigious companies operate in particularly R&D-heavy industries, such as telecommunications and life sciences.
Intangible asset risks are not exclusive to small businesses or the high-tech industry. Just this past year, Belgian shoe company Shoe Branding Europe challenged the validity of the European Union trademark registration for Adidas’ three-stripe logo, after an attempt to obtain a trademark for its own two-stripe design was challenged by Adidas. The General Court of the European Union agreed with Shoe Branding’s assertion, a ruling that resulted in Adidas losing their trademark registration and no longer being able to prevent other companies from using the stripe designs that comprise their classic logo. Such challenges to a business’s IP assets can be highly detrimental to branding and, ultimately, profit.
Virtually no successful business would consider operating without the protection of property and casualty insurance.
Nevertheless, very few companies effectively insure their intangible assets, even though such less-physical assets often represent the most critical components of their success and survival. Traditional corporate insurance packages such as commercial general liability largely provide only a narrow sliver of intangible risk protection that is insufficient to provide adequate protection and thus inadequate for modern businesses.
Insuring Intangibles
For years, IP insurance programs were too expensive, offered insufficient limits, had limited data to apply to underwriting and were generally difficult to obtain.
Fortunately, a new set of comprehensive intangible asset risk-transfer products has emerged. Dedicated IP insurance policies can now provide a real opportunity for companies to manage and transfer IP-associated risks. There are four types of IP insurance products: contingency, residual, offensive and defensive.
Contingency insurance covers known risks. For example, a contingency policy might provide catastrophic loss protection for the defendant in a known, ongoing IP litigation.
Residual insurance policies backstop the valuation of intangible assets pledged as collateral to secure a loan.
Offensive insurance may cover the costs of IP enforcement and is closely aligned with litigation finance.
Defensive IP insurance, now being the most affordable and readily available of the four, protects a company’s registered IP and products or services from external attack and can backstop a company’s contractual obligations.
A robust defensive IP insurance policy will provide all three of the foregoing coverages, including protection from not only defense costs, but also damages (from settlements or judgments) in the case of an inbound infringement suit or contractual indemnification claim. The market will now even allow a company to tailor coverage by scheduling select registered IP, products and services or contractual indemnification obligations, as requested by the client.
The original article can be read at Brink website HERE.
Jason Sandler Associate at Marsh
Jason Sandler is an associate in Marsh’s financial and professional liability group (FINPRO), located in New York City. Jason is focused on bringing innovative solutions to market for Marsh’s clients, within the financial and professional lines of insurance.
Matthew Flug Senior Underwriter at Ambridge Partners Matthew Flug is a senior underwriter with Ambridge Partners and resident manager of the firm’s San Francisco office. He focuses on underwriting complex financial and transactional programs and developing innovative risk-transfer solutions in a rapidly evolving market.
Register online for 33rd CACCI Conference in Dhaka now!
CACCI is pleased to announce the launching of the official Conference website at http://fbcci.org/2019cacci/, which contains relevant information about the upcoming 33rd CACCI Conference to be held in Dhaka on November 26 & 27, 2019. We hope that the website information will further raise your interest to join us at our annual gathering this […]
Register online for 33rd CACCI Conference in Dhaka now!
CACCI is pleased to announce the launching of the official Conference website at http://fbcci.org/2019cacci/, which contains relevant information about the upcoming 33rd CACCI Conference to be held in Dhaka on November 26 & 27, 2019.
We hope that the website information will further raise your interest to join us at our annual gathering this year. Members, delegates and friends are encouraged to visit the website for on-line registration and hotel booking as early as possible.
Hosted by the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI), our Dhaka Conference will feature the theme of “Asia: At the Centre of a New World Order” and is designed to provide another valuable platform for CACCI members and invited experts to exchange views on measures that the business sector and governments in the region can undertake to address the challenges faced by businesses in the current market environment, as well as to take full advantage of the opportunities offered not just by markets in the Asia-Pacific region but by countries in other parts of the world.
Speakers from government, the private sector, and the academe will share their valuable perspectives in various sessions.
In addition, our Dhaka Conference also includes sectoral breakout discussions and concurrent sessions that will gather government and private sector leaders for dialogue and panel discussion on important sectoral issues pertaining to entrepreneurship, food safety and security and SME development, among others.
With this year’s gathering expected to bring together over 200 business leaders from at least 27 countries in the Asia-Pacific region, CACCI and FBCCI hope that discussions will be of commercial interest to the participants.
We are also confident that holding the CACCI annual gathering for the first time in Dhaka will further increase the knowledge of delegates about Bangladesh – its economy, its trade and investment potentials, its business and financial sectors, and its people and manpower resources – and help them establish contact with important decision makers in business and government of the host country.
Updated information about the Conference will be sent to all members, as well as posted on the Conference and CACCI websites, as soon as it is available.
Once again, we are counting on your valuable participation for the successful outcome of our annual gathering this year. Should you have questions at this stage, please do not hesitate to contact us at cacci@cacci.biz
CACCI Profile – September edition available
Taipei – The September issue of the monthly CACCI Profile newsletter is available. You are invited to download the version in PDF format HERE. It is our ardent hope that this monthly publication is useful to you and your work, and enables you to know more about the CACCI, our members, and their activities. If you wish other members […]
Taipei – The September issue of the monthly CACCI Profile newsletter is available. You are invited to download the version in PDF format HERE. It is our ardent hope that this monthly publication is useful to you and your work, and enables you to know more about the CACCI, our members, and their activities. If you wish other members of your organization to receive a copy of the CACCI Profile, please send us their names, titles/positions, and email addresses through cacci@cacci.biz
We would also appreciate receiving your comments on how we can further improve the CACCI Profile in terms of its format and contents. Thank you for your kind attention, and we look forward to your continued support of the CACCI and its activities.
NZ Trade Minister thanks CACCI’s on Rules of Origin
Hon. Damien O’Connor, Minister of State for Trade and Export Growth of New Zealand, acknowledged with thanks the submission of CACCI of its Statement on Rules of Origin in Preferential Trade Agreements. CACCI President Mr. Samir Modi in early August this year submitted to the Ministers responsible for the Regional Comprehensive Economic Partnership (RCEP) Agreement […]
NZ Trade Minister thanks CACCI’s on Rules of Origin
Hon. Damien O’Connor, Minister of State for Trade and Export Growth of New Zealand, acknowledged with thanks the submission of CACCI of its Statement on Rules of Origin in Preferential Trade Agreements.
CACCI President Mr. Samir Modi in early August this year submitted to the Ministers responsible for the Regional Comprehensive Economic Partnership (RCEP) Agreement the CACCI Statement calling on governments party to bilateral and regional PTA negotiations to instruct their negotiators to ensure that their regional and bilateral agreements harmonise Rules of
Origin by following wherever possible the provisions and procedures of the Revised Kyoto Convention (2006), and embracing the principles of harmonisation contained in the WTO Trade Facilitation Agreement (2013).
In his acknowledgement letter to Mr. Modi, Minister O’Connor outlined the positions of the New Zealand on important RCEP-related issues, including the following:
Its commitment to ensuring that the procedures for making claims for preferential treatment are clear, transparent, and predictable;
Its support of self-declaration as the preferred proof of origin, but that you recognize the need to reach an agreed outcome that meets the needs of all;
Its assurance to seek, in the Customs chapter, the use of the provisions contained in the WTO Trade Facilitation (TFA) as a baseline, seeking to have TFA+ provisions where possible;
Its strong support for the simplification and drive for consistency in FTAs, including in RCEP
Minister O’Connor encouraged CACCI to participate in the public discussions being held by officials from New Zealand’s Ministry of Foreign Affairs and Trade on the ongoing negotiations of free trade agreements, including RCEP.
The RCEP is a proposed FTA between ten member countries of the ASEAN and the six Indo-Pacific starts with which ASEAN has existing trade agreements namely, China, Japan, South Korea, India, Australia, and New Zealand. RCEP negotiations were formally launched in November 2012 at the ASEAN Summit in Cambodia.
ICDF officers visit CACCI Secretariat
Officers of the International Cooperation and Development Fund of Taiwan (TaiwanICDF) led by Ms. Regine Liu; Ms. Yun-Ching Tseng; and Mr. Tim Tseng, on August 22 visited the CACCI Secretariat to meet Mr. Ernest Lin, Secretary-General; Mr. Amador Honrado, Deputy Secretary General and Ms. Wendy Yang, Sr. Officer. Both sides discussed possible areas of cooperation […]
Officers of the International Cooperation and Development Fund of Taiwan (TaiwanICDF) led by Ms. Regine Liu; Ms. Yun-Ching Tseng; and Mr. Tim Tseng, on August 22 visited the CACCI Secretariat to meet Mr. Ernest Lin, Secretary-General; Mr. Amador Honrado, Deputy Secretary General and Ms. Wendy Yang, Sr. Officer.
Both sides discussed possible areas of cooperation between the two organizations that would mutually benefit their respective stakeholders. Founded in 1996, TaiwanICDF assists developing countries in economic, social and human resource development and in promoting economic relationships among these countries through technical cooperation, lending and investment, international education and training, and humanitarian assistance.
Ms. Wendy Yag, Mr. Amador Honrado, Ms. Yun-Ching Tseng, Mr. Ernest Lin, Ms. Regine Liu and Mr. Tim Tseng
CACCI joins ASEAN-BAC Meetings in Bangkok
Mr. George Abraham, Chairman of the SME Development Council, represented CACCI in the 14th Joint Consultation Meeting with ASEAN + 1 Business Councils and Associations and other related meetings held by the ASEAN Business Advisory Council (ASEAN-BAC) on September 5-6, 2019 in Bangkok. It was the first ASEAN-BAC meeting attended by CACCI in its capacity as […]
Mr. George Abraham, Chairman of the SME Development Council, represented CACCI in the 14th Joint Consultation Meeting with ASEAN + 1 Business Councils and Associations and other related meetings held by the ASEAN Business Advisory Council (ASEAN-BAC) on September 5-6, 2019 in Bangkok. It was the first ASEAN-BAC meeting attended by CACCI in its capacity as Associate Member of the Joint Business Councils.
Mr. Abraham with ASEAN BAC Deputy Chairman Mr. Robert Yap at the ASEAN MSMEs Conference
Mr. Abraham and with participants of the Inclusive Business Network meeting
Mr. Abraham with ASEAN-BAC Chairman Mr. Arin Jira
CACCI Foundation offers funding
CACCI would like to invite Chambers to submit formal proposals on projects that you wish to be financed by the CACCI Foundation. The CACCI Foundation was established in 2006 to help Primary and Affiliate Members implement projects aimed at promoting entrepreneurship and the development of small and medium enterprises (SMEs). The ultimate objective is to […]
CACCI would like to invite Chambers to submit formal proposals on projects that you wish to be financed by the CACCI Foundation.
The CACCI Foundation was established in 2006 to help Primary and Affiliate Members implement projects aimed at promoting entrepreneurship and the development of small and medium enterprises (SMEs). The ultimate objective is to assist chambers in Asian developing countries region to become sustained contributors to the economic development of the private sector.
Since its establishment, the CACCI Foundation has helped finance the following three projects (pictured above), with each one receiving US$5,000:
(1) “Youth Business Sri Lanka Programme” in Sri Lanka – Managed by Ceylon Chamber of Commerce, the Programme provided assistance (in the form of a loan of US$500 and mentoring support) to enterprising youths who have viable business plans but do not have financial resources; and
(2) “Life Forever Beautiful-Organic Mongolia” in Mongolia – An initiative of the Mongolian National Chamber of Commerce and Industry, the project was aimed at procuring yak’s milk from herders, with the view to creating a foundation for milk production.
(3) “Promoting Women Entrepreneurship Through Development of SMEs” in Bangladesh – Initiated by the Barisal Women Chamber of Commerce and Industry (BWCCI), the project assisted the entrepreneurial development of women, especially the less fortunate ones, in Barisal, which is an old port located some 353 kilometers from Dhaka in southern Bangladesh.
We therefore call on your Chamber to submit to us your formal proposals on projects – either ongoing or still to be implemented – that encourage entrepreneurship and promote the growth and development of SMEs, thereby helping us achieve the objective of the CACCI Foundation.
Should you have further questions, please do not hesitate to let us know.
Thank you, and we hope to hear from you soon.
Ernest Lin Director-General, CACCI
CACCI Tourism newsletter available
CACCI is pleased to inform all members that the 20th Volume of CACCI Tourism Newsletter under the Chairmanship of Mr. Anura Lokuhetty from Sri Lanka is available for download. We hope that this publication will serve as an effective platform for an exchange of information among the tourism sector in the CACCI region. Members are, therefore, […]
CACCI is pleased to inform all members that the 20th Volume of CACCI Tourism Newsletter under the Chairmanship of Mr. Anura Lokuhetty from Sri Lanka is available for download.
We hope that this publication will serve as an effective platform for an exchange of information among the tourism sector in the CACCI region. Members are, therefore, encouraged to contribute articles for our future issues. Kindly forward your materials (preferably with accompanying photos) to wendy.yang@cacci.org.tw
Thank you, and with best regards.
Sincerely yours,
Ernest Lin Director-General
Young Entrepreneur newsletter available
CACCI is pleased to make available the 20th edition of Entrepreneur Asia-Pacific, the newsletter of the Young Entrepreneur Group of Asia-Pacific (YEGAP) under the chairmanship of Ms. Anna Marie Periquet from the Philippines. We hope that this edition– and the future ones– will continue to serve as an effective platform for an exchange of information […]
CACCI is pleased to make available the 20th edition of Entrepreneur Asia-Pacific, the newsletter of the Young Entrepreneur Group of Asia-Pacific (YEGAP) under the chairmanship of Ms. Anna Marie Periquet from the Philippines.
We hope that this edition– and the future ones– will continue to serve as an effective platform for an exchange of information among young entrepreneurs in the region.
If you wish to contribute articles or other materials that can be published in the next newsletter, you may send them through the CACCI Secretariat’s e-mail address at cacci@cacci.biz
Thank you and best regards.
Sincerely yours,
Ernest Lin Director-General
33rd CACCI Conference in Dhaka on November 26-27 – Brochure available
CACCI is pleased to provide its members and friends with brochure of the 33rd CACCI Conference which will take place on November 26-27, 2019 at Pan Pacific Sonargaon Hotel Dhaka. The brochure contains relevant information about this year’s gathering that we hope will further raise your interest to join us at our annual gathering this […]
33rd CACCI Conference in Dhaka on November 26-27 – Brochure available
CACCI is pleased to provide its members and friends with brochure of the 33rd CACCI Conference which will take place on November 26-27, 2019 at Pan Pacific Sonargaon Hotel Dhaka.
The brochure contains relevant information about this year’s gathering that we hope will further raise your interest to join us at our annual gathering this year.
Hosted by the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI), our Dhaka Conference will feature the theme of “Asia: At the Centre of a New World Order” and is designed to provide another valuable platform for CACCI members and invited experts to exchange views on measures that the business sector and governments in the region can undertake to address the challenges faced by businesses in the current market environment, as well as to take full advantage of the opportunities offered not just by markets in the Asia-Pacific region but by countries in other parts of the world.
Speakers from government, the private sector, and the academe will share their valuable perspectives in various sessions. In addition, our Dhaka Conference also includes sectoral breakout discussions and concurrent sessions that will gather government and private sector leaders for dialogue and panel discussion on important sectoral issues pertaining to entrepreneurship, food safety and security and SME development, among others.
With this year’s gathering expected to bring together over 200 business leaders from at least 27 countries in the Asia-Pacific region, CACCI and FBCCI hope that discussions will be of commercial interest to the participants. We are also confident that holding the CACCI annual gathering for the first time in Dhaka will further increase the knowledge of delegates about Bangladesh – its economy, its trade and investment potentials, its business and financial sectors, and its people and manpower resources – and help them establish contact with important decision makers in business and government of the host country.
Updated information about the Conference, including launch of the Conference website, registration procedures and hotel reservations, will be sent to all members, as well as posted on the Conference and CACCI websites, as soon as they are available. In the meantime, may we request you to already note down this event in your calendar of activities for 2019?
In the meantime, the Conference’s program is available just below for your consultation.
Once again, CACCI is counting on its members’ valuable participation for the successful outcome of our annual gathering this year. Should you have questions at this stage, please write to cacci@cacci.biz.
CACCI Presidential Visit to the Philippines on October 13-15, 2019
Following his highly successful visits earlier this year to Wellington, New Zealand on May 7-8 and to Tokyo, Japan on July 22-23, 2019CACCI President Mr. Samir Modi is inviting all CACCI officers and members to join him in another Presidential visit, this time to Manila, Philippines, which includes participation in the 45th Philippine Business Conference […]
CACCI Presidential Visit to the Philippines on October 13-15, 2019
Following his highly successful visits earlier this year to Wellington, New Zealand on May 7-8 and to Tokyo, Japan on July 22-23, 2019CACCI President Mr. Samir Modi is inviting all CACCI officers and members to join him in another Presidential visit, this time to Manila, Philippines, which includes participation in the 45th Philippine Business Conference and Expo. The itinerary of the CACCI Presidential Visit can be viewed below.
The Philippine Chamber of Commerce and Industry (PCCI) is hosting the visit and has prepared a Tentative Program, a copy of which is attached herewith. The whole Program starts on October 14 and ends on October 18.
Your participation in the Philippine visit will give you the valuable opportunity to gather first-hand information on the current economic and business situation in the host country, join the courtesy calls on government officials, and meet leading local businessmen.
The 45th Philippine Business Conference and Expo is the biggest annual gathering of local business and government leaders to be organized this year by PCCI on October 16-17. The Conference’s Program can be downloaded HERE.
Members of the CACCI delegation will therefore have the opportunity to meet and network with local chamber leaders from around the country. Attached herewith is a copy of the latest PBC&E Program for your perusal.
We will send you additional information on the visit (e.g. hotel accommodation, updated Tentative Program, etc.) as soon as these are available. In the meantime, should you wish to meet with specific businessmen in the Philippines, visit specific local companies or organizations, or conduct specific activities during the trip, please let us know so we can convey your request to PCCI for their consideration.
Please confirm you participation in the CACCI Presidential Visit by filling the CACCI CONFIRMATION FORM and returning to us by Fax (886 2 2760 1139) or e-mail (cacci@cacci.biz), preferably before September 20, 2019.
Should you wish to participate in the 45th Philippine Business Conference & Expo, kindly fill the CONFERENCE REGISTRATION FORM and submit to the Fax number and/or e-mail address indicated in the Form
We are also providing an informative PHILIPPINES REVIEW of the current conditions in the archipelago.
Please feel free to contact us at the Secretariat (cacci@cacci.biz) for any additional inquiries.
The 33rd CACCI Conference will be held in Dhaka, Bangladesh on November 26-27, 2019
CACCI wish to inform all CACCI officers and members that the 33rd CACCI Conference will now be held on November 26-27, 2019 in Dhaka, Bangladesh, with the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) as the host chamber. The change in venue was made following the advice from Kitakyushu CCI, which originally offered […]
The 33rd CACCI Conference will be held in Dhaka, Bangladesh on November 26-27, 2019
CACCI wish to inform all CACCI officers and members that the 33rd CACCI Conference will now be held on November 26-27, 2019 in Dhaka, Bangladesh, with the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) as the host chamber.
The change in venue was made following the advice from Kitakyushu CCI, which originally offered to host the Conference in Kitakyushu, Japan, that the Kitakyushu International Conference Centre – where they proposed to hold it – will not be available until late May 2020 at the earliest, which we deem would already be too late. Please accept our apologies for any inconvenience that the change in venue has caused you and your Chamber.
Holding the Conference in Bangladesh takes on added significance as it will be the first time that CACCI members will be visiting the country for the annual gathering. It will give them the opportunity not only to obtain first-hand information on the trade and investment opportunities Bangladesh has to offer, but also to network with the local business community and relevant government agencies. We are therefore grateful to FBCCI and its officers and members for confirming its willingness to host this year’s Conference.
The Tentative Conference Program can be viewed just below. We will be sending you more information about the Conference (updated Program, hotel information, registration procedure, and other relevant details) in due course. In the meantime, we encourage you to already mark the dates in your calendar of events.
Thank you for your continued support of CACCI and its activities, and we look forward to joining FBCCI in welcoming you to Dhaka in November.
Sincerely yours.
Ernest Lin
Director-General
CACCI
CACCI webinar on “Trade-based Money Laundering & Sanctions Risks” – September 18 – Free registration
The Confederation of Asia-Pacific Chambers of Commerce and Industry (CACCI) and Fintelekt Advisory Services (Fintelekt) are pleased to invite all CACCI members to participate in the FREE webinar on “Trade-based Money Laundering & Sanctions Risks” to be held on September 18, 2019 at 11:00am Kolkata, India time. (1) Background Corporates operating in the current complex […]
CACCI webinar on “Trade-based Money Laundering & Sanctions Risks” – September 18 – Free registration
The Confederation of Asia-Pacific Chambers of Commerce and Industry (CACCI) and Fintelekt Advisory Services (Fintelekt) are pleased to invite all CACCI members to participate in the FREE webinar on “Trade-based Money Laundering & Sanctions Risks” to be held on September 18, 2019 at 11:00am Kolkata, India time.
(1) Background
Corporates operating in the current complex and dynamic trade environment need to continually assess the risks to their business from trade-based money laundering as well as their exposure to sanctioned entities to avoid increasingly stringent enforcement actions and penalties being levied for breaches.
Although the banking industry is often under the global scanner when it comes to sanctions and transactions monitoring, companies with extensive trade supply chains as well as those with sales channels in multiple countries are at equally higher risk for sanctions violations. An up-to-date understanding of regulations and enforcement is critical to put in place compliant procedures and due diligence standards.
(2) Duration of the webinar: 90 minutes
(3) Key Issues to be covered:
3.1 Sanctions – latest trends and good practices in screening
Understanding the most recent global geopolitical developments, underlying consequences and recent trends in enforcement action. The session will also cover good practices in what and how often to screen.
3.2 Trade-based money laundering – challenges and inherent risks
The latest typologies used to launder money using the trade route, use of methods such as shell companies and tax havens, how can companies safeguard themselves against the risk of TBML.
3.3 Enhanced due diligence to understand complex ownership structures
The strategic use of data to manoeuver through complicated ownership patterns, especially among intermediaries and supply chain partners.
3.4 Audience Question and Answer session
(4) Who Should Attend?
Senior business leaders and managers from risk & compliance, finance, operations, logistics, legal, technology, treasury, sales and business development functions representing corporates and export houses.
(5) Registration Deadline: September 17, 2019
(6) Registration: Interested members may register through the following link:
(7) Certification
Registered participants will receive the presentation PDF files and an optional test after the presentation on September 18, 2019.
Participants that answer the optional Test before September 27, 2019 will receive a Certificate of Participation issued by CACCI and Fintelekt.
If you have further questions, please write to cacci@cacci.biz
CACCI invited to “Singapore International Energy Week 2019”
The Energy Market Authority (EMA) of Singapore is inviting CACCI members to attend the Singapore International Energy Week (SIEW) 2019 to be held on October 29 – November 1. CACCI is among the supporting organizations. Organized by The EMA, the four-day event is a platform in Asia for energy stakeholders to discuss energy issues that […]
CACCI invited to “Singapore International Energy Week 2019”
The Energy Market Authority (EMA) of Singapore is inviting CACCI members to attend the Singapore International Energy Week (SIEW) 2019 to be held on October 29 – November 1. CACCI is among the supporting organizations.
Organized by The EMA, the four-day event is a platform in Asia for energy stakeholders to discuss energy issues that impact the region. Annually, SIEW attracts over 13,000 delegates from more than 70 countries including energy ministers, industry captains and heads of international organizations. As global energy demand continues to grow, especially in Asia, SIEW 2019 will bring together energy stakeholders to discuss and drive the transformation towards a more sustainable energy future with the theme “Accelerating Energy Transformation”.
By attending the event, the participants will be able to exchange ideas and discussions on pertinent energy-related issues, understand the strategic objectives of Singapore’s commitment to becoming a global leader among energy companies, as well as to experience innovative products and solutions in the energy marketplace.
For more information on the event, please visit the following website: https://www.siew.sg/
CACCI invited to Sri Lanka Investment & Business Conclave 2019
CACCI would like to convey to you an invitation from the Ceylon Chamber of Commerce (CCC) to attend the “Sri Lanka Investment & Business Conclave 2019” which will be held on September 16-17, 2019 in Colombo, Sri Lanka. Focusing on bringing potential investors including business partners to Sri Lanka, the two-day event serves as a […]
CACCI invited to Sri Lanka Investment & Business Conclave 2019
CACCI would like to convey to you an invitation from the Ceylon Chamber of Commerce (CCC) to attend the “Sri Lanka Investment & Business Conclave 2019” which will be held on September 16-17, 2019 in Colombo, Sri Lanka.
Focusing on bringing potential investors including business partners to Sri Lanka, the two-day event serves as a strategic platform to connect SMEs globally and support them in meeting potential partners and financiers not only from Sri Lanka but also from other parts of the world. A special zone at Conclave 2019 venue will be devoted to SMEs to network, meet and explore opportunities of collaboration and partnership. All SMEs interested in this feature and would like to be promoted during Conclave 2019 are requested to register online through the Conclave 2019 portal.
In addition, it offers the perfect blend of opportunities aimed at enriching institutional, corporate and individual investors and business houses with a comprehensive set of guidelines for their investment decisions, and act as a networking opportunity for introductions to potential business partners with a view of establishing partnerships in Sri Lanka.
CACCI is pleased to present you herewith the Asian ICT Council’s newsletter, edition #7. We hope that this publication will provide you with adequate information about the latest advances in the information, communication and technology (ICT) market in the Asia Pacific region. Members are encouraged to contribute articles for our future issues. Kindly forward your materials (preferably […]
We hope that this publication will provide you with adequate information about the latest advances in the information, communication and technology (ICT) market in the Asia Pacific region.
Members are encouraged to contribute articles for our future issues. Kindly forward your materials (preferably with accompanying photos) to mig.moreno@cacci.biz.
CACCI joins CoNGO in Bangkok
Bangkok – The Confederation of Asia-Pacific Chambers of Commerce and Industry (CACCI) attended the Regional Committee in Asia-Pacific (RCAP) of the Conference of NGOs in Consultative Relationship with the United Nations (CoNGO) held on May 29-30, 2019 at the premises of Siam University in Bangkok, Thailand. The agenda for the meeting was “The UN Sustainable […]
Bangkok – The Confederation of Asia-Pacific Chambers of Commerce and Industry (CACCI) attended the Regional Committee in Asia-Pacific (RCAP) of the Conference of NGOs in Consultative Relationship with the United Nations (CoNGO) held on May 29-30, 2019 at the premises of Siam University in Bangkok, Thailand. The agenda for the meeting was “The UN Sustainable Development Goals and Civil Society – National and Local Implementation and Follow-up”.
Representing CACCI at the Bangkok meeting was Mr. Amador R. Honrado, Jr., CACCI Deputy Director-General, who joined some 30 other officers and members of CoNGO in this year’s gathering. Also in attendance with Mr. Honrado was Ms. Allisson Hsu, Consultant of CACCI and Chief, Taiwan Technical Mission in the Kingdom of Thailand, International Cooperation and Development Fund (TaiwanICDF).
The other CoNGO member organizations that registered for the meeting included the following:
(1) Siam University
(2) Asia South Pacific Association for Basic and Adult Education
(3) Centre for Peace and Conflict Studies
(4) Christian Conference of Asia
(5) Coast Trust Bangladesh
(6) International Federation of Business and Professional Women
(7) International Planned Parenthood Federation, South Asia Region
(8) International Society of Geriatric Oncology
(9) Life Development Center
(10) Nonviolence International
(11) Pan-Pacific South East Asia Women’s Association
(12) Soka Gakkai International
(13) Southeast Asian Press Alliance
(14) Taiwan Alliance in International Development
(15) Taiwan District, Kiwanis International
(16) Taiwan Foundation for Democracy
(17) United Methodist Church, Global Board on Church and Society
(19) Vanguard Service Brigade
(20) Taipei Economic Cultural Office (Observer)
Chaired by CoNGO President Mr. Liberato Bautista and co-chaired by CoNGO First Vice President Mr. Cyril Ritchie, the two-day meeting aimed to examine case studies by NGOs/CSOs on implementation (regional, national, local) of the six Sustainable Goals (SDGs 4, 8, 10, 13, 16, 17) that are to be reviewed at the UN High Level Political Forum (HLPF) at the United Nations Headquarters in New York in July 2019.
Introduction & background on the meeting
In their introductory remarks, President Bautista and First Vice President Mr. Ritchie pointed out that CoNGO and RCAP are committed to Agenda 2030 and to mobilization and action to achieve the Sustainable Development Goals (SDGs). They explained that since the adoption of the 17 SDGs by the United Nations General Assembly in September 2015, NGOs and CSOs throughout the world – including those in the Asia-Pacific region – have set to work to make the Goals meaningful to the populations they serve, working in concert with governments, communities, academia and other stakeholders.
NGOs/CSOs advocate with governments at national and local level to achieve meaningful commitment to implementation of the Goals. The HLPF reviews each July the progress and the gaps on achieving the SDGs. This is done on a rotation basis, and in 2019 the HLPF will review the following Goals:
(a) Quality Education
(b) Decent Work and Economic growth
(c) Reduced Inequalities
(d) Climate Action
(e) Peace, Justice and strong institutions
(f) Partnerships for the Goals
Mr. Bautista and Mr. Ritchie said that NGOs/CSOs throughout the Asia-Pacific are working in many different ways and at many different levels on the six SDGs up for review at this year’s HLPF. Thus for the Bangkok Meeting of RCAP on May 39-30, CoNGO invited a wide range of Asia-Pacific NGOs/CSOs to present and discuss their substantive on-the-ground experience in advocating for and implementing one or more of the above six SDGs.
The participating NGOs/CSOs were requested to focus their discuss good practices, such as what initiatives have worked, what cooperation mechanisms with other stakeholders have proven valuable; as well as core challenges, such as what impediments have arisen in cooperation and outreach; and lessons learned, including what new mobilization actions and channels are needed and/or foreseen to make progress on SDG implementation.
The CoNGO officials said that the presentations on each of the six SDGs made at the Bangkok meeting of the RCAP would serve as the focus of analysis, lessons learned, and new cooperation – whether at country or regional level. They explained that following the RCAP session in Bangkok, CoNGO is expected to produce a synthesis which will be fed into the 2019 HLPF. They added that on an ongoing basis, all of these processes would serve also to enhance NGO/CSO relationships with and input to the UN Economic and Social Council for Asia and the Pacific (UN ESCAP), the prime regional intergovernmental body promoting the SDGs. They expressed their hopes that, taking account of existing interactions and structures linking NGOs/CSOs with ESCAP, the May 2019 meeting of RCAP in Bangkok would further foster long-term and enhanced cooperation.
Sumary of CACCI Presentation
Ms. Allison Hsu made the presentation on behalf of CACCI. Hsu’s presentations focused on the “Case Studies on Training Education and Better Jobs.”
The case studies – mainly from ICDF’s various programs – presented how NGOs can support beneficiaries find decent jobs by providing formal and non-formal education and training. The case study underscored the importance of human capital as the foundation for all business, and that in the Asia-Pacific region, formal education is vital to gaining access to decent jobs.
The study pointed out that for people who are not able to achieve tertiary education, education training or on-the-job training can improve the quality of employment, adding that for the people cannot afford higher education and those who seek better positions, international NGOs/NPOs can provide solutions to them.
The case studies presented by Ms. Hsu demonstrated the strategies, methods and outcomes of providing education and training in the Asia-Pacific region and how it helped to promote inclusive and sustainable economic growth, employment and decent work for all. Among the examples she highlighted on formal education were ICDF’s International Higher Education
Scholarship Programs for Asia-Pacific students focusing mainly on agriculture and fisheries, public health and medicine, business and management, engineering and science, and human resources. On the other hand, nonformal education programs offered to participants from Asia-Pacific countries focused mainly of health care personnel training, professional workshops on agriculture biodiversity, circular agriculture, water management, and youth entrepreneurship development.
She also highlighted ICDF’s Technical and Vocational Education and Training (TVET) program that aims mainly to improve the employability of the youth and women in the small developing island states in the Pacific region, by fostering professional skills through training and building capacity for micro-business start-up.
Among the recommendations presented by the case studies included the following:
(a) Providing affordable and quality technical, vocation and tertiary education for all, and covering both youth and adults in formal and non-formal education and training;
(b) Achieving full and productive employment and decent work for all women and men, and developing and operationalizing a global strategy for youth employment and implementing the Global Jobs Pact of the International Labour;
(c) Enhancing the Global Partnership for Sustainable Development complemented by multi-stakeholder partnerships that mobilize and share knowledge, expertise, technology and financial resources, to support the achievement of SDGs
Other presenters
The other presenters included the following:
(a) Soka Gakkai International (SGI) – SGI is a lay Buddhist Association of constituent organizations in 192 countries and territories. It was originally founded in 1930 in Japan as a group of educators who were concerned about the then education systems during wartime and stroke to practice Soka Education or Value-Creating Pedagogy.
In essence, Soka education is a humanistic process that nurtures wisdom and enables the individual’s potential to bloom to the fullest while setting the happiness of children as the utmost priority. It was regarded a radical idea under fascist militarism at that time,
This idea has very much endured and is alive today in SGI, which now has a general membership of people from all walks of life. The presenter was Mr. Hiro Sakurai, Director, SGI.
(b) Siam University – Since its founding in 1965, Siam University has become the fifth largest private university with a student body containing over 15,000 students across 13 programs, including an International and Graduate Program. The University also offers its students opportunities to work and study abroad for valuable experiences. Siam University is affiliated with more than twenty universities and institutions on four continents, including the Philippines and Japan. In its commitment to each and every student’s future, Siam University has devised a set of 3 Pillars, named employability, sustainability, and diversity. In line with these three pillars, the university has set three main objectives, namely:
(i) Empower and prepare students to become significant leaders and operators in international environments; (ii) Utilize cutting-edge research and innovative methods to preserve academic advancement and infinite wisdom as an unwavering effort to achieve virtue among the ASEAN community and other world markets.; and (iii) Maintain Asian ethnics and preservation of individuality among nations along with clear understanding and recognition of its cultural diversity. The presenter was Mrs. Chanita Rukspollmuang, Vice President, Siam University.
(c) Asia South Pacific Association for Basic and Adult Education (ASPBAE) – The ASPBAE is a regional network of more than 200 civil society organisations and individuals operating in around 30 countries of the Asia-Pacific. ASPBAE works towards promoting the right to quality education and transformative and liberating lifelong adult education and learning for all. Through its work, ASPBAE lobbies with governments to uphold education as an empowering tool to combat poverty and all forms of exclusion and discrimination, enable active and meaningful participation in governance, and build a culture of peace and international understanding. ASPBAE works to ensure that the internationally agreed goals, especially Sustainable Development Goal 4 on education, its targets, indicators, and framework of action are translated in robust education sector plans at the country level; the resources required to meet the full agenda are mobilised and judiciously applied; and that the processes and mechanisms for accountability, coordination, capacity building, and monitoring of Education 2030 are set up, with the institutionalised participation of civil society, including representative organisations of learners, teachers/educators, parents, and youth. The Presenter was Ms. Cecilia Soriano, Officer, ASPBAE.
(d) Pan-Pacific South East Asia Women’s Association (PPSEAWA) – The PPSEAWA is the only international women’s organization devoted to families, peace and understanding in the Pacific and Southeast Asia. Since the founding of PPSEAWA in 1928, in Honolulu, Hawaii, its membership has grown to 23 national associations, many having several local chapters. It is an all- volunteer organization and is financed by contributions from individuals, organizations, and PPSEAWA member associations. Continued monitoring of and participation in various United Nations bodies have enable PPSEAWA to inform its members and help them identify areas where they can be of assistance by mobilizing local support.
PPSEAWA branches in individual countries, also known as National Member Organizations, have local programs to further the education, health, security, economic empowerment, and human rights of women and girls, especially those who are marginalized and vulnerable. The presenter was Mrs. Mondhiya Bhangsbha, President, PPSEAWA.
(e) Taiwan Alliance in International Development (Taiwan AID) – Taiwan AID is a platform for Taiwan-based NGOs with nearly 30 members working all over the world. Members are involved in various sectors, such as medical service, education, information, gender issues, emergency relief, community development, human trafficking, humanitarian assistance, and volunteer service. Taiwan AID is an NGO platform with the aim of strengthening transparency, efficiency and cooperation among Taiwan-based NGOs involved in international humanitarian aid with the value of humanity, equality, justice, and sustainable development. Its mission includes:
(i) Facilitate an interaction platform for international cooperation, such as seminar; (ii) Facilitate capacity building to improve professional services; (iii) Promote concept of international development through public education; (iv) Advocate and facilitate international development policies; (v) Establish principles, ethics and regulations of international development and assistance; and (vi) Make other efforts in favor of international development. The presenter was Ms. Nina H. L. Kao, Board Member, Taiwan AID.
(f) Centre for Peace and Conflict Studies (CPCS) – Founded in 2008, CPCS is a Cambodia-based NGO, working in the field of peacebuilding and conflict transformation in Asia. Its aim is to strengthen strategic intervention into armed conflict with the overall goal of reaching sustainable and positive peace in the Asia region. Given Cambodia’s experience of passing from carpet bombing to genocide, to civil war, to peace process, rehabilitation and now relative peace, CPCS considers the country as a vital and critical basis for regional learning. While CPCS does not undertake peacebuilding initiatives in Cambodia, it utilises the country’s rich post-war history and reconciliation efforts as a learning base for other contexts, as well as provide support to other Cambodian organisations focused on local peacebuilding initiatives. The Centre is home to a range of interconnected programmes and initiatives that are based on robust analyses and guided by CPCS’ theory of change. The presenter was Ms. Rachana Thummala, Programme Coordinator, CPCS.
(g) International Society of Geriatric Oncology (SIOG) – Founded in 2000, SIOG has been working to foster the development of health professionals in the field of geriatric oncology, for the optimization of treatment of older adults with cancer. SIOG was registered as a non-profit organisation under the Swiss Law in 2012. SIOG is a multidisciplinary team of oncology and geriatrics physicians, as well as allied health professionals and expert trainers with a unique collaborative approach to address the rising public health challenges related to ageing and cancer around the world. As of 2018, it counts over 1700 members in more than 80 countries worldwide. SIOG is powered by global collaborations to strengthen the national capacity for Human Resources for Health and to promote and advocate for SDG3 ‘Ensure healthy lives and promote wellbeing for all at all ages’. SIOG promotes efforts in 3 strategic directions: education, clinical practice, and research. The presenter was Ms. Barbara Ewals, Director for Partnerships, whose presentation focused mainly on why successful partnerships are important to the 2030 Agenda and elaborated on the guidelines for partnerships.
About Congo
Founded in 1948, the Conference of Non-Governmental Organizations in Consultative Relationship with the United Nations (CoNGO) is an independent, international, non-profit membership association of nongovernmental organizations (NGOs). It facilitates the participation of NGOs in United Nations debates and decision-making. CoNGO is most active at the major UN centres of New York, Geneva and Vienna but its work stretches out to all regions of the world. CACCI, which was granted Consultative Status with the ECOSOC under the United Nations in 1970, joined CoNGO in 1979.
SME Development Council’s newsletter available
CACCI is pleased to present you herewith the Ninth Volume of the SME Development Council’s newsletter. We hope that this publication will provide you with adequate information about the latest advances in the small and medium enterprise (SME) market in the Asia Pacific region. Members are encouraged to contribute articles for our future issues. Kindly forward your […]
We hope that this publication will provide you with adequate information about the latest advances in the small and medium enterprise (SME) market in the Asia Pacific region.
Members are encouraged to contribute articles for our future issues. Kindly forward your materials (preferably with accompanying photos) to mig.moreno@cacci.biz.
CACCI to join CoNGO Meeting in Bangkok
The Confederation of Asia-Pacific Chambers of Commerce and Industry (CACCI) will attend the Conference of NGOs in Consultative Relationship with the United Nations (CoNGO) – of which CACCI is a member and join the CoNGO Regional Committee in Asia-Pacific (RCAP) on May 29-30, 2019 in Bangkok. The agenda for the meeting is “The UN Sustainable […]
The Confederation of Asia-Pacific Chambers of Commerce and Industry (CACCI) will attend the Conference of NGOs in Consultative Relationship with the United Nations (CoNGO) – of which CACCI is a member and join the CoNGO Regional Committee in Asia-Pacific (RCAP) on May 29-30, 2019 in Bangkok. The agenda for the meeting is “The UN Sustainable Development Goals and Civil Society – National and Local Implementation and Follow-up”.
The RCAP is an initiative serving the widest non-governmental and civil society constituencies throughout this vast region. Being wholly committed to multilateral consultation and cooperation, to human rights, to social justice, to sustainable development and peace, CoNGO seeks – through RCAP – to be of service to the NGO/CSO sector in Asia-Pacific. Among CoNGO’s core purposes are strengthening civil society interactions and mutual learning; facilitating the input and dialogue of civil society throughout the United Nations System; and generating opportunities for civil society and the UN to promote their shared values and goals.
CoNGO and its Regional Committee in Asia-Pacific are wholly committed to Agenda 2030 and to mobilization and action to achieve the Sustainable Development Goals (SDGs). Since the adoption of the 17 SDGs by the United Nations General Assembly in September 2015, NGOs and CSOs throughout the world – and not least in the Asia-Pacific region – have set to work to make the Goals meaningful to the populations they serve, working in concert with governments, communities, academia and other stakeholders. NGOs/CSOs advocate with governments at national and local level to achieve meaningful commitment to implementation of the Goals.
The UN High Level Political Forum on Sustainable Development (HLPF) reviews each July the progress and the gaps on achieving the SDGs. This is done on a rotation basis, and in 2019 the HLPF will review the following Goals:
Quality Education
Decent Work and Economic growth
Reduced Inequalities
Climate Action
Peace, Justice and strong institutions
Partnerships for the Goals
NGOs/CSOs throughout the Asia-Pacific are working in many different ways and at many different levels on the six SDGs up for review at this year’s HLPF. Thus for the 2019 RCAP in May in Bangkok, CoNGO is inviting a wide range of Asia-Pacific NGOs/CSOs to present and discuss their substantive on-the-ground experience in advocating for and implementing one or more of the above six SDGs. Issues will include good practices, such as what initiatives have worked, what cooperation mechanisms with other stakeholders have proven valuable; as well as core challenges, such as what impediments have arisen in cooperation and outreach; and lessons learned, including what new mobilization actions and channels are needed and/or foreseen to make progress on SDG implementation.
The presentations on each of the six SDGs will be made at RCAP 2019, and be the focus of analysis, lessons learned, and new cooperation – whether at country or regional level. Following the RCAP session, CoNGO will produce a synthesis which will be fed into the 2019 HLPF. On an ongoing basis, all of these processes will serve also to enhance NGO/CSO relationships with and input to the UN Economic and Social Council for Asia and the Pacific (UN ESCAP), the prime regional intergovernmental body promoting the SDGs. Taking account of existing interactions and structures linking NGOs/CSOs with ESCAP, RCAP 2019 will seek to foster long-term and enhanced cooperation.
CACCI Profile newsletter, May edition available
Taipei – The May issue of the monthly CACCI Profile newsletter is available. You are invited to download the version in PDF format HERE. It is our ardent hope that this monthly publication is useful to you and your work, and enables you to know more about the CACCI, our members, and their activities. If you wish other members […]
Taipei – The May issue of the monthly CACCI Profile newsletter is available. You are invited to download the version in PDF format HERE. It is our ardent hope that this monthly publication is useful to you and your work, and enables you to know more about the CACCI, our members, and their activities. If you wish other members of your organization to receive a copy of the CACCI Profile, please send us their names, titles/positions, and email addresses through cacci@cacci.biz.
We would also appreciate receiving your comments on how we can further improve the CACCI Profile in terms of its format and contents. Thank you for your kind attention, and we look forward to your continued support of the CACCI and its activities.
33rd CACCI Conference to be held in Kitakyushu, Japan
CACCI wishes to inform all its members and friends that, following the violent attacks that took place in and around Colombo on Easter Sunday last month, it has been decided to move its 33rd CACCI Conference – which was originally scheduled to take place on September 18-19, 2019 in Shangri-la Hotel Colombo with the Ceylon […]
33rd CACCI Conference to be held in Kitakyushu, Japan
CACCI wishes to inform all its members and friends that, following the violent attacks that took place in and around Colombo on Easter Sunday last month, it has been decided to move its 33rd CACCI Conference – which was originally scheduled to take place on September 18-19, 2019 in Shangri-la Hotel Colombo with the Ceylon Chamber of Commerce as host – to Kitakyushu City, Japan, at a date to be announced soon.
The Japan Conference will be jointly hosted and organized by the Kitakyushu Chamber of Commerce and Industry (Kitakyushu CCI) and the Japan Chamber of Commerce and Industry (JCCI), which graciously offered Kitakyushu City – situated in the Fukuoka Prefecture in southern Japan – to be the new venue of its 2019 annual gathering.
The CACCI Secretariat is currently coordinating with Kitakyushu CCI and the JCCI on the Conference arrangements, and will notify members of additional details soonest.
CACCI sincerely apologizes for any inconvenience this decision to change the venue of the 2019 Conference may have caused its members, chambers, and friends. CACCI was looking forward to having this year’s Conference in Colombo as originally agreed, however, rest assured that Sri Lanka would be re-considered as venue of its annual gathering in the future, when the situation in the country would have normalized.
CACCI is once again counting on its partners’ valuable participation for the successful outcome of its gathering in Kitakyushu this year. Should you have questions at this stage, please do not hesitate to contact CACCI at cacci@cacci.biz
Asian Council on Trade Facilitation’s newsletter available
CACCI is pleased to present you herewith the Eight Volume of the Asian Council on Trade Facilitation’s newsletter. We hope that this publication will provide you with adequate information about the latest advances in trade facilitation among countries in the Asia Pacific region. Members are encouraged to contribute articles for our future issues. Kindly forward […]
We hope that this publication will provide you with adequate information about the latest advances in trade facilitation among countries in the Asia Pacific region.
Members are encouraged to contribute articles for our future issues. Kindly forward your materials (preferably with accompanying photos) to mig.moreno@cacci.biz.
Thank you, and with best regards.
Sincerely yours,
Ernest Lin Director-General CACCI
Asian Textiles & Garments Council’s newsletter available
Taipei – CACCI is pleased to make available the Sixth Volume of the Asian Textiles & Garments Council’s newsletter. We hope that this publication will provide you with adequate information about the latest developments in the textile and garments markets in the Asia Pacific region. Members are encouraged to contribute articles for our future issues. […]
We hope that this publication will provide you with adequate information about the latest developments in the textile and garments markets in the Asia Pacific region.
Members are encouraged to contribute articles for our future issues. Kindly forward your materials (preferably with accompanying photos) to mig.moreno@cacci.biz.
Thank you, and with best regards.
Sincerely yours,
Ernest Lin Director-General
CACCI joins ASEAN-BAC Business Council
The Confederation of Asia-Pacific Chambers of Commerce and Industry (CACCI) has been formally accepted as Associate Member of the Joint Business Council under the ASEAN Business Advisory Council (ASEAN-BAC). Its application was formally approved by the ASEAN BAC during its May 3 meeting in Manila, Philippines. The ASEAN-BAC was BAC established by the ASEAN Heads […]
The Confederation of Asia-Pacific Chambers of Commerce and Industry (CACCI) has been formally accepted as Associate Member of the Joint Business Council under the ASEAN Business Advisory Council (ASEAN-BAC). Its application was formally approved by the ASEAN BAC during its May 3 meeting in Manila, Philippines.
The ASEAN-BAC was BAC established by the ASEAN Heads of State and Government at the 7th ASEAN Summit in November 2001 in Bandar Seri Begawan, Brunei Darussalam. Launched in April 2003, ASEAN-BAC was set up with the mandate to provide private sector feedback and guidance to boost ASEAN’s efforts towards economic integration. Aside from providing private sector feedback on the implementation of ASEAN economic cooperation, the Council also identifies priority areas for consideration of the ASEAN Leaders.
Accordingly, ASEAN-BAC’s activities are primarily focused on reviewing and identifying issues to facilitate and promote economic cooperation and integration. To help them in this regard, the ASEAN-BAC invites a number of joint business councils with interest in ASEAN (e.g., ASEAN-US Business Council, ASEAN-India Business Council, Australia-ASEAN Business Council, etc.) to attend regular meetings for dialogues and exchange of ideas on how to improve regional cooperation.
As Associate Member of the Joint Business Council, CACCI will be invited to join these regular dialogues, and will have the opportunity to provide inputs to the recommendations that the ASEAN-BAC will present to the ASEAN Leaders.
In his Letter of Intent to the ASEAN-BAC Chairman Mr. Arin Jira from Thailand, CACCI President Mr. Samir Modi pointed out that, as a regional organization composed mostly of apex chambers of commerce and industry and business associations in Asia, CACCI is in a position to make significant contribution to the work of the Joint Business Council and the ASEAN-BAC in identifying issues to facilitate and promote economic cooperation and integration.
“Given the regional nature and geographical scope of our organization, I believe CACCI will be able to provide expertise in the area of trade facilitation and trade generation, which have been the focus of our policy advocacy work in the past few years.
In addition, we can also contribute to the work of ASEAN-BAC that may focus on specific sectors, such as the promotion of entrepreneurship, SME development, food safety and security, energy and environment, and regional tourism, among others. We have sub-committees, or Product and Service Councils that are focused on these sectors and a few others as well.”
CACCI had attended, as observer, two previous meetings of the Joint Business Council, namely, the 9th Joint Consultation Meeting held on January 26, 2017 in Manila, Philippines, and the 11th Joint Consultation Meeting held on January 17, 2018 in Singapore. Furthermore, CACCI had participated in several of past years’ ASEAN Business and Investment Summit organized by the ASEAN-BAC in conjunction with the ASEAN Leaders Summit.
“Through our participation in these important gatherings, we have learned that most of the issues being discussed by your organization are the same issues taken up by CACCI members in our meetings and conferences. Hence, we believe that CACCI can provide inputs to the discussions and formulation of recommendations by the ASEAN-BAC,” Mr. Modi stated.
Taipei – The March issue of the monthly CACCI Profile newsletter is available. You are invited to download the version in PDF format HERE. It is our ardent hope that this monthly publication is useful to you and your work, and enables you to know more about the CACCI, our members, and their activities. If you wish other members […]
Taipei – The March issue of the monthly CACCI Profile newsletter is available. You are invited to download the version in PDF format HERE. It is our ardent hope that this monthly publication is useful to you and your work, and enables you to know more about the CACCI, our members, and their activities. If you wish other members of your organization to receive a copy of the CACCI Profile, please send us their names, titles/positions, and email addresses through cacci@cacci.biz.
We would also appreciate receiving your comments on how we can further improve the CACCI Profile in terms of its format and contents. Thank you for your kind attention, and we look forward to your continued support of the CACCI and its activities.
CACCI Tourism newsletter is available
Taipei – We are pleased to make available the 19th Volume of CACCI Tourism Newsletter under the Chairmanship of Mr. Anura Lokuhetty from Sri Lanka. We hope that this publication will serve as an effective platform for an exchange of information among the tourism sector in the CACCI region. Members are, therefore, encouraged to contribute […]
We hope that this publication will serve as an effective platform for an exchange of information among the tourism sector in the CACCI region. Members are, therefore, encouraged to contribute articles for our future issues. Kindly forward your materials (preferably with accompanying photos) to wendy.yang@cacci.org.tw .
Successful “International Trade Contracts” workshop held in Tehran
Tehran – Iran Chamber of Commerce, Mines and Agriculture (ICCIMA) in partnership with CACCI and ICC Czech Republic, conducted a workshop on “The Latest Rules and Regulations of International Trade Contracts” on March 5-6, 2019 in Iran. Mr. Andrle Pavel from ICC CR led the workshop which was attended by more than 80 participants from […]
Successful “International Trade Contracts” workshop held in Tehran
Tehran – Iran Chamber of Commerce, Mines and Agriculture (ICCIMA) in partnership with CACCI and ICC Czech Republic, conducted a workshop on “The Latest Rules and Regulations of International Trade Contracts” on March 5-6, 2019 in Iran. Mr. Andrle Pavel from ICC CR led the workshop which was attended by more than 80 participants from SMEs and financial and scientific research institutes.
Latest issues related to Incoterms 2020, transportation laws, banks, insurance and international trade laws based on ICC rules and regulations were discussed during the workshop.
CACCI member Mr. Salauddin Yousuf shares photo with India PM Narendra Modi
Gujarat – CACCI Lifetime Member and Director of Lub-rref Bangladesh Limited, Mr. Salauddin Yousuf, shares his photo With India PM Narendra Modi taken at the Vibrant Guzrat Summit held on January 18-20, 2019 in Gujarat, India. Attended this year by over 35,000 participants, the Vibrant Gujarat Summit was conceptualized in 2003 by Prime Minister of India […]
CACCI member Mr. Salauddin Yousuf shares photo with India PM Narendra Modi
Gujarat – CACCI Lifetime Member and Director of Lub-rref Bangladesh Limited, Mr. Salauddin Yousuf, shares his photo With India PM Narendra Modi taken at the Vibrant Guzrat Summit held on January 18-20, 2019 in Gujarat, India.
Attended this year by over 35,000 participants, the Vibrant Gujarat Summit was conceptualized in 2003 by Prime Minister of India and the then Chief Minister of Gujarat, Mr. Narendra Modi, to re-establish Gujarat as a preferred investment destination within India.
Today, the Summit has evolved into a platform for brainstorming on agendas of global socio-economic development, in addition to being a facilitator for knowledge sharing and forging effective partnerships.
XVIII CACCI Women Entrepreneurs newsletter is available
Taipei – We are pleased to make available the Eighteenth Volume of Grow, the publication of CACCI Women Entrepreneurs Council. We hope that this publication will serve as an effective platform for an exchange of information among women entrepreneurs in the CACCI region. Members are, therefore, encouraged to contribute articles for our future issues. Kindly forward […]
XVIII CACCI Women Entrepreneurs newsletter is available
Taipei – We are pleased to make available the Eighteenth Volume of Grow, the publication of CACCI Women Entrepreneurs Council.
We hope that this publication will serve as an effective platform for an exchange of information among women entrepreneurs in the CACCI region. Members are, therefore, encouraged to contribute articles for our future issues. Kindly forward your materials (preferably with accompanying photos) to wendy.yang@cacci.biz
We are pleased to make available to all members a copy of the President’s Reflection (2014-2018) summarizing the activities undertaken by Immediate President Mr. Jemal Inaishvili during his four-year term from 2014 to 2018. On behalf of Mr. Inaishvili, we would like to take this opportunity to thank you for the cooperation and assistance you […]
We are pleased to make available to all members a copy of the President’s Reflection (2014-2018) summarizing the activities undertaken by Immediate President Mr. Jemal Inaishvili during his four-year term from 2014 to 2018.
On behalf of Mr. Inaishvili, we would like to take this opportunity to thank you for the cooperation and assistance you have extended to him in undertaking the projects and programs he initiated during his Presidency. Without your help, Mr. Inaishvili would not have accomplished what he had set out to do to when he first took over the helm of CACCI in 2014.
We look forward to your continued support of the CACCI and its activities in the years ahead under the incumbent CACCI office-bearers, and we hope to see you and your colleagues in future CACCI gatherings.
Sincerely yours,
Ernest Lin Director-General Confederation of Asia-Pacific Chambers of Commerce and Industry
CACCI Profile newsletter – February issue available
Taipei – The February issue of the monthly CACCI Profile newsletter is available. You are invited to download the version in PDF format HERE. It is our ardent hope that this monthly publication is useful to you and your work, and enables you to know more about the CACCI, our members, and their activities. If you wish other members […]
CACCI Profile newsletter – February issue available
Taipei – The February issue of the monthly CACCI Profile newsletter is available. You are invited to download the version in PDF format HERE. It is our ardent hope that this monthly publication is useful to you and your work, and enables you to know more about the CACCI, our members, and their activities. If you wish other members of your organization to receive a copy of the CACCI Profile, please send us their names, titles/positions, and email addresses through cacci@cacci.biz.
We would also appreciate receiving your comments on how we can further improve the CACCI Profile in terms of its format and contents. Thank you for your kind attention, and we look forward to your continued support of the CACCI and its activities.
XI CACCI Food & Agriculture newsletter available
Taipei – We are pleased to inform you that the Eleventh Volume of CACCI Food & Agriculture Newsletter, the publication of the Asian Council on Food and Agriculture, has been formally issued. You can download the newsletter HERE. We hope that this publication will serve as an effective platform for an exchange of information among the […]
Taipei – We are pleased to inform you that the Eleventh Volume of CACCI Food & Agriculture Newsletter, the publication of the Asian Council on Food and Agriculture, has been formally issued.
We hope that this publication will serve as an effective platform for an exchange of information among the food & agriculture sector in the CACCI region. Members are, therefore, encouraged to contribute articles for our future issues. Kindly forward your materials (preferably with accompanying photos) to wendy.yang@cacci.biz.
CACCI members invited to Cambodia International ICT & Mobile Expo 2019
Phnom Penh – We wish to inform members that the Cambodia International ICT & Mobile Expo (CIIME 2019) will be held on July 11-13, 2019 at the Diamond Island Exhibition & Convention Centre in Phnom Penh. All CACCI members are invited to this event. Organized by Twin Goat Exhibition and Trading Co., Ltd, one of […]
CACCI members invited to Cambodia International ICT & Mobile Expo 2019
Phnom Penh – We wish to inform members that the Cambodia International ICT & Mobile Expo (CIIME 2019) will be held on July 11-13, 2019 at the Diamond Island Exhibition & Convention Centre in Phnom Penh. All CACCI members are invited to this event.
Organized by Twin Goat Exhibition and Trading Co., Ltd, one of the leading exhibition organizers in Cambodia, with the support of the Ministry of Commerce, Ministry of Posts and Communications, and the Cambodia Chamber of Commerce, the exhibit allows participants to meet Cambodian’s foremost ICT leaders and gain access to a fast growing market in the region. The CIIME 2019 provides the opportunity to capitalize on this potential, and combines exhibit, B2B meetings, panel discussions, and conference involving both local and international participants.
You can download the event’s brochure HERE. For more details click HERE or send them an email at info@twingoat.com
KCC Officers visit CACCI Secretariat
Taipei – Officers of the Kowloon Chamber of Commerce (KCC) visited the CACCI Secretariat Headquarters during their February 25 business trip to Taipei. KCC Permanent Chairman Mr. Conrad Lee (former CACCI Honorary Treasurer), KCC Vice Chairman Mr. Ernest Yuen (concurrently CACCI Honorary Treasurer), and KCC Vice Chairman Mr. Wyler Wong (concurrently CACCI Vice President) discussed […]
Taipei – Officers of the Kowloon Chamber of Commerce (KCC) visited the CACCI Secretariat Headquarters during their February 25 business trip to Taipei. KCC Permanent Chairman Mr. Conrad Lee (former CACCI Honorary Treasurer), KCC Vice Chairman Mr. Ernest Yuen (concurrently CACCI Honorary Treasurer), and KCC Vice Chairman Mr. Wyler Wong (concurrently CACCI Vice President) discussed with the CACCI Secretariat executives on their possible participation in CACCI activities in 2019, as well as KCC programs and projects for which CACCI assistance may be requested by the Chamber this year.
CACCI Secretariat hosts lunch to visiting KCC Officers
Taipei – CACCI Secretariat Hosts Lunch for Visiting KCC Officers – CACCI Director-General Mr. Ernest Lin (2nd from right) hosted lunch on January 25, 2019 in Taipei for visiting officers of Kowloon Chamber of Commerce (KCC) Mr. Wyler Wong (2nd from left), Mr. Conrad Lee (3rd from left) and Mr. Ernest Yuen (3rd from right). […]
CACCI Secretariat hosts lunch to visiting KCC Officers
Taipei – CACCI Secretariat Hosts Lunch for Visiting KCC Officers – CACCI Director-General Mr. Ernest Lin (2nd from right) hosted lunch on January 25, 2019 in Taipei for visiting officers of Kowloon Chamber of Commerce (KCC) Mr. Wyler Wong (2nd from left), Mr. Conrad Lee (3rd from left) and Mr. Ernest Yuen (3rd from right). Other guests included Mr. Chin-Che Cheng, Dean Director and Associate Professor at CTBC Business School, center), Mr. Kenneth Yu from CTBC Bank (left), and Mr. Amador Honrado from CACCI Secretariat (right). The KCC officers discussed with Mr. Cheng on possible student exchange program with the CTBC Business School for interested students from Hong Kong, China, Taiwan, Malaysia and other Asian countries.
CACCI invited to ASEAN Chambers of Commerce & Industry Business Meeting – February 25-27, 2019 in Bengaluru
Bengaluru – CACCI members are invited to take part in the ASEAN Chambers of Commerce & Industry Meet on February 25-27, 2019 in Bengaluru, India. The Federation of Karnataka Chambers of Commerce and Industry (FKCCI) is organizing this business meet for the first time in South India, in collaboration with the Ministry of External Affiars, […]
CACCI invited to ASEAN Chambers of Commerce & Industry Business Meeting – February 25-27, 2019 in Bengaluru
Bengaluru – CACCI members are invited to take part in the ASEAN Chambers of Commerce & Industry Meet on February 25-27, 2019 in Bengaluru, India.
The Federation of Karnataka Chambers of Commerce and Industry (FKCCI) is organizing this business meet for the first time in South India, in collaboration with the Ministry of External Affiars, the Government of India, Government of Karnataka and Event Partners. It is supported by the ASEAN India Business Council, Malaysia; India-ASEAN-Sri Lanka Chamber of Commerce and Industry, Chennai; and PHD Chamber of Commerce and Industry, New Delhi.
The objective of the event is to enhance, “Two Way Investment, Trade and Technology” flow from 23 countries into Karnataka in some 18 identified sectors. Around 1,500 delegates from Chambers of Commerce, Business & Industry, Embassies, Consulates and Government are expected to participate. There will be B2B, B2G, B2C meetings and a trade exhibition with 150 stalls with exhibitors from different countries including India with a footfall of around 3000 per day.
Significance of the ASEAN Business Meet:
Bangalore is known for IT (Information Technology) & Start up business and it is great opportunity for ASEAN Entrepreneurs & Business fraternity to interact and develop the new business opportunities.
Karnataka is the first State in India to host such an event among the Chambers of 23 plus countries.
Provides a common platform for sharing the experiences for all participating Chambers of Commerce from across the world
Enables sharing of Best Practices of Industry & Trade which will be an ideal template to help to bring about the Next Practices
Attract investments in to Karnataka in various identified sectors for mutual benefit of both host country as well as participating countries
Showcase Karnataka’s ambitious project on the Cluster development in the nine specially identified Districts of the State that can become a model for enhancing global trade
CACCI Profile Newsletter – January issue available
Taipei – The latest issue of the monthly CACCI Profile newsletter is available now. You are invited to download the version in PDF format HERE.
Suggestions on themes and topics for the 2019 33rd CACCI Conference
Taipei – As you are aware, the Confederation of Asia-Pacific Chambers of Commerce and Industry (CACCI) will hold the 33rd CACCI Conference in September 2019, with the Ceylon Chamber of Commerce as host. In preparation for the 2019 Conference, members of the CACCI Planning Committee will meet on March 25, 2019 in Colombo, Sri Lanka […]
Suggestions on themes and topics for the 2019 33rd CACCI Conference
Taipei – As you are aware, the Confederation of Asia-Pacific Chambers of Commerce and Industry (CACCI) will hold the 33rd CACCI Conference in September 2019, with the Ceylon Chamber of Commerce as host.
In preparation for the 2019 Conference, members of the CACCI Planning Committee will meet on March 25, 2019 in Colombo, Sri Lanka primarily to discuss the Conference Program, including the theme and topics for the Conference.
In this connection, we would like to seek your suggestions on economic, business or policy issues which you think are currently of great concern to members and the business sector of the region as a whole, and should be discussed by members during next year’s Conference. Please let us know your thoughts by accomplishing the attached Suggestion Form and returning it to us through our Fax No. (886 2) 2760 1139 or via e-mail at cacci@cacci.biz
CACCI would appreciate hearing from you beforeFebruary 15, 2019 to give us enough time to circulate all suggestions to the Planning Committee for consideration prior to its meeting.
Colombo – CACCI wish to inform all CACCI officers and members that the 33rd CACCI Conference will be held in Colombo, Sri Lanka and is tentatively scheduled on September 17-18, 2019. To be hosted by the Ceylon Chamber of Commerce, next year’s Conference will take place at Shangri-la Hotel Colombo. The dates and venue were […]
Colombo – CACCI wish to inform all CACCI officers and members that the 33rd CACCI Conference will be held in Colombo, Sri Lanka and is tentatively scheduled on September 17-18, 2019. To be hosted by the Ceylon Chamber of Commerce, next year’s Conference will take place at Shangri-la Hotel Colombo. The dates and venue were agreed during the 89th CACCI Council Meeting held on November 23, 2018 in Istanbul, Turkey.
The two-day event is designed to provide another valuable platform for CACCI members and invited experts to exchange views on issues of current concern to the business community of the region. Parallel sectoral breakout session will be organized that will gather government and private sector experts for dialogue and panel discussion on important sectoral issues.
The Planning Committee Meeting will be held on March 14, 2019 in Colombo to discuss preparations for the Conference. We hope that CACCI members and friends join the meeting and share your ideas and suggestions on how we can make our 2019 Conference productive and meaningful for our members.
CACCI Secretariat will send details as soon as arrangements are finalized.
CACCI Planning Committee Meeting on March 25, 2019 in Colombo, Sri Lanka – Register now!
Colombo – CACCI would like to invite its members to attend the meeting of the CACCI Planning Committee scheduled on March 25th, 2019 in Colombo, Sri Lanka. The meeting will primarily: Discuss preparations for the 33rd CACCI Conference to be hosted by the Ceylon Chamber of Commerce (e.g., Conference venue, theme, topics, speakers, format, […]
CACCI Planning Committee Meeting on March 25, 2019 in Colombo, Sri Lanka – Register now!
Colombo – CACCI would like to invite its members to attend the meeting of the CACCI Planning Committee scheduled on March 25th, 2019 in Colombo, Sri Lanka. The meeting will primarily:
Discuss preparations for the 33rd CACCI Conference to be hosted by the Ceylon Chamber of Commerce (e.g., Conference venue, theme, topics, speakers, format, etc.)
To review the progress of activities under the CACCI Work Program for 2019.
The Tentative Agenda/Program is presented below and further information (e.g., Annotated agenda, discussion papers, hotel accommodation, etc.) will be sent to members upon confirmation of attendance.
Once again, CACCI is counting on members’ valuable participation for the successful outcome of this important meeting. We certainly need members’ inputs on how we can make the 2019 33rd CACCI Conference in Colombo meaningful and productive.
CACCI requests its members to kindly confirm their participation in the Colombo meeting by returning the Confirmation Form through our Fax No. (886 2) 2760-7569 or our e-mail address at cacci@cacci.biz on or before January 31, 2019.
2018 CACCI Year End Review
As the year 2018 came to a close and the year 2019 begins, it is an opportune time for CACCI to take stock of our accomplishments over the past year, with the view to build on them in order to make our Confederation even more relevant to our members in this new year. Here under […]
As the year 2018 came to a close and the year 2019 begins, it is an opportune time for CACCI to take stock of our accomplishments over the past year, with the view to build on them in order to make our Confederation even more relevant to our members in this new year.
Here under is a summary report on the activities undertaken by CACCI in 2018:
I. Preparations for the 32nd CACCI Conference
A. Planning Committee Meeting in Istanbul
(1) A highly productive and successful Planning Committee Meeting was held jointly by CACCI and the Union of Chambers and Commodity Exchanges of Turkey (TOBB) on February 5, 2018 at the TOBB Headquarters in Istanbul.
(2) Chaired by CACCI President Mr. Jemal Inaishvili and co-chaired by TOBB President Mr. Rifat Hisarciklioglu, the meeting was attended by 31 representatives of 9 CACCI Primary Members from 9 countries, as well as representatives from TEPAV, the think-tank of TOBB. Discussions focused mainly on preparations for the 32nd CACCI Conference to be held in November 2018 in Istanbul, as well as on the recent and upcoming activities of CACCI in the year ahead.
(3) Some 15 representatives from the Turkish media were also present at the Opening of the meeting. They asked questions addressed to the CACCI and TOBB Presidents, as well as to other CACCI officers including CACCI Senior Vice president Mr. Samir Modi from India.
(4) As decided by the CACCI Planning Committee, the 2018 Conference would focus on the theme “Asia: Expanding Boundaries”. Invited speakers would address the following topics: (a) The Changing Role of Chambers in Promoting Business; (b) Innovation and Digitization: Implications for Business; (c) Regional Integration and Connectivity for Sustainable Development; and (d) A New World Economic Order: What It Means for Asia.
B. Teleconferences with TOBB and other CACCI officers
(5) Following the Planning Committee Meeting, the CACCI Secretariat coordinated regularly with the TOBB on preparations for the 32nd CACCI Conference. They reviewed – via regular teleconferences – the proposed program, the possible speaker line-up, the Conference format, and other related matters. During some of these teleconferences, CACCI President Mr. Jemal Inaishvili and Senior Vice President Mr. Samir Modi participated in the discussions.
C. Solicitation of nominees for the CACCI Awards 2018
(6) The CACCI Secretariat sought nominations from Primary Members for the various CACCI Awards to be presented during the 32nd CACCI Conference in November 2018 in Istanbul. These Awards include the following:
(6.a) 8th CACCI Local Chamber Awards, which aim to recognize local chambers for their outstanding achievement in promoting the industrial, commercial and social welfare of their respective communities.
(6.b) 7th Asia-Pacific Young Entrepreneur Award, which aims to recognize excellent young entrepreneurs in Asia who not only are successful in their business but also advocate corporate social responsibility.
(6.c) 2nd Asia-Pacific Women Entrepreneur Award, which aims to recognize excellent women entrepreneurs in Asia who not only are successful in their business but also advocate corporate social responsibility.
(6.d) 3rd CACCI Hydropower and Clean Energy Excellence Award, which recognizes a person or institution that has contributed significantly to the sustainable promotion of hydropower and clean energy in the Asia Pacific region.
(7) The Secretariat also invited selected members to constitute the Awards Committees tasked to evaluate all the nominations for the various Awards, as well as the Board of Judges that would conduct the final evaluation process for selecting the winners.
D. Suggestions on activities for the CACCI Work Program for 2018-2020
(8) CACCI members were requested to submit suggestions on activities that CACCI should undertake in the next two years (2018-2020). They were asked to propose activities that benefit all members, further promote the growth and development of the Confederation, and help CACCI attain its primary objectives. All suggestions received from members were integrated into the draft Work Program that was later considered and finalized during the 90th CACCI Council Meeting held on November 24, 2018, in Istanbul.
E. Nominations for CACCI officers for 2018-2020
(9) The CACCI Secretariat solicited nominations from CACCI Primary members for qualified members to assume leadership positions in CACCI for the next two-year term of 2018-2020. Election of the new set of CACCI office bearers was scheduled to take place during the 32nd CACCI Conference on November 23-24, 2018 in Istanbul.
II. 32nd CACCI Conference
(10) CACCI successfully held its 32nd CACCI Conference in Istanbul, Turkey on November 23-24, 2018, with the participation of some 450 delegates composed largely of businessmen and chamber of commerce representatives from 22 Asia-Pacific countries, led by CACCI President Mr. Jemal Inaishvili from Georgia and Mr. Rifat Hisarciklioglu, President of the Union of Chambers and Commodity Exchanges of Turkey (TOBB). Focusing on the theme “Asia: Expanding Boundaries”, the Conference was held at the Ciragan Palace Kempinski and was organized under the patronage of H.E. Recep Tayyip Erdoğan, President of Turkey.
A. Opening ceremony
(11) The Opening Ceremony featured Turkish Vice President Fuat Oktay and Turkish Trade Minister Ruhsar Pekcan as Special Guests of Honor , while the Keynote Speech was given by Mr. Yi Xiaozhun, Deputy Director-General of the World Trade Organization.
(12) Turkish Vice-President Fuat Oktay in his Address emphasized CACCI’s important role as a key regional organization in the development of economic boundaries of Asia, regional economic integration and broadening consultation on new economic trends.
(13) Turkish Trade Minister Ruhsar Pekcan pointed out that it is important that young entrepreneurs, women entrepreneurs and SMEs participated in the CACCI conference this year and said that the world economy cannot be interpreted correctly without understanding developments in the Asia Pacific region.
(14) In his Keynote Speech, Mr. Yi Xiaozhun, pointed out that in order to make progress on the emerging issues of greatest interest to business in the future, a strong multilateral trading system is indispensable. He called on CACCI members to voice their concerns to their governments and ask them to engage constructively with the multilateral trading system, including their participation in ongoing discussions on WTO reform, stressing that safeguarding the WTO is the best way to keep protectionist pressures at bay and to secure the benefits of global trade today and in the future.
B. Plenary sessions
(15) Plenary Sessions featured eminent speakers who shared their perspectives on the following timely and relevant issues: (a) The Changing Role of Chambers in Promoting Business; (b) Innovation and Digitalization: Implications for Business; (c) Regional Integration and Connectivity for Sustainable Development; and (d) A New World Economic Order: What It Means for Asia.
C. Sectoral roundtable discussions
(16) In addition, parallel sectoral breakout sessions were organized that gathered government and private sector experts for dialogue and panel discussion on important sectoral issues, including the following: (a) Woman entrepreneurship; (b) Youth entrepreneurship ; (c) Information and Communication Technology; (d) Food and Agriculture; (e) Health and Education; (f) Tourism; (g) Trade Facilitation ; (h) SME Development; and (i) Water, Energy and Environment.
D. Discover business opportunities through CACCI
(17) The two-day program also included a special session on “Discover Business Opportunities through CACCI”, which featured country presentations by selected organizations on current economic conditions in their respective countries and opportunities for trade and investments.
E. Election of new CACCI officers
(18) The CACCI Council, which is the organization’s governing body, elected the office bearers for the term 2018-2020. Mr. Samir Modi, Member of Executive Committee, Federation of Indian Chambers of Commerce & Industry (FICCI), and Executive Director of K.K. Modi Group, was elected CACCI President.
(19) The other elected/appointed CACCI officers included:
(19.a) Vice Presidents:
Mr. Rifat Hisarciklioglu, President, TOBB & Chairman, Eskihisar Group of Companies
Mr. Pradeep K. Shrestha, Former President of Federation of Nepalese CCI’s and Managing Director, Panchakanya Group
Mr Peter McMullin, Board Member, ICC Australia & Special Counsel, Cornwall Stodart Lawyers
Mr. Teruo Asada, Special Advisor, Japan CCI and Chairman of Marubeni Corp.
Mr. Henry Kao, Charman of CIECA and Chairman, Imei Foods Co. Ltd.
Mrs. Magvan Oyunchimeg, CEO, Mongolia National CCI
Sheikh Fazle Fahim, FBCCI and Managing Director, Obsidian Bangladesh Ltd.
Dr. Pedram Soltani, First Vice President ICCMA and Chairman, Persol Corporation
Mr. Wyler Wong, Vice Chairman of Kowloon Chamber of Commerce and Owner of various business enterprises
(19.b) Honorary Treasurer:
Mr. Ernest Yuen, Vice Chairman, Kowloon Chamber of Commerce, and Partner, Messrs, Yuen & Partners
(19.c) Budget Commission Members:
Dr. Steve Hsieh, Convener of Board of Supervisors, Chinese International Economic Cooperation Association and Chairman, Taiwan Lottery Company
Mr. Obaidur Rahman, Former Director, FBCCI and Managing Director, Dorasco Ltd.
Dr. Iqbal Thaheem, Secretary-General, Federation of Pakistan CCIs
F. Admission of new members
(20) CACCI announced the admission of two new Affiliate Members, namely:
(20.a) Hong Kong Children, Babies, Maternity Industries Association Ltd. and (b) Importers and Exporters Association of Taipei
(21) CACCI also admitted five new Lifetime Special members, namely: (a) Shan Sabil (BD) Ltd. (Bangladesh); (b) Mrs. S. Ayesha Akhtar Jahan (Bangladesh); (c) Mongol Basalt JSC (Mongolia); (d) Bishrelt Group (Mongolia); and (e) Mr. Yassin Saeed Al Suroor (Saudi Arabia)
G. CACCI Work Program for 2018-2020
(22) The CACCI Council adopted the 2018-2020 Work Program outlining activities over the next two years in the area of policy advocacy, professional development program, membership expansion, relationship with other regional and international organizations, and development of the CACCI Product and Service Councils, among others.
H. MOU signing
(23) During the 89th CACCI Council Meeting on November 23, the TOBB and the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) signed a Memorandum of Understanding outlining possible areas of cooperation between the two organizations.
I. Presentation of CACCI Awards
(24) CACCI announced the winners of the 8th Local Chamber Awards, the 7th Asia-Pacific Young Entrepreneur Award, the 2nd Asia-Pacific Woman Entrepreneur Award, and the 3rd Hydropower and Clean Energy Excellence Award during the Gala Dinner of the Conference held on November 24, 2018. The winners received their awards from Outgoing President Mr. Jemal Inaishvili and newly elected CACCI President Mr. Samir Modi during the Gala Dinner.
(24.a) There were two winners for the 8th Local Chamber Awards. The Aegean Region Chamber of Industry from Turkey won under the Big Chamber category, and the Union The Primorsky Chamber of Commerce and Industry from Russia was proclaimed the winner under the Small Chamber category.
(24.b) CACCI presented the 7th Asia-Pacific Young Entrepreneur Award to Ms. Nazanin Daneshvar, Founder and CEO of Takhfifan from Iran,. A Special recognition was also given to Mr. Roman Nikolaevich Bobylev, Founder/Head of Lozaholding from Russia.
(24.c) Two nominees were declared joint Winners of the 2nd Asia-Pacific Woman Entrepreneur Award, namely: Ms. Sherill R. Quintana, President/CEO of Oryspa Spa Solutions, Inc. from the Philippines, and Ms. Zeynep Erkunt Armagan, Chairperson of Erkunt Tractor Industries Ltd. from Turkey.
(24.d) The winner of the 3rd Hydropower and Clean Energy Excellence Award was Meghna Group of Industries from Bangladesh.
J. Next CACCI Conference
The CACCI Council accepted the offer of Ceylon Chamber of Commerce to host the 33rd CACCI Conference in September 2019 in Colombo, Sri Lanka, with the exact dates and venue to be finalized during the CACCI Planning Committee to be held in early 2019 in Colombo.
II. Presidential visits
A. Three-Country Visit to Cambodia, Vietnam and Laos
(26) CACCI President Mr. Inaishvili led a delegation of CACCI officers and members to Cambodia, Vietnam, and Laos for Presidential visits on April 19-20 in Phnom Penh, April 23 in Hanoi, and April 25 in Vientiane.
(27) The three-country trip was a milestone on two counts. It was the first-ever CACCI Presidential visit covering three countries in one trip. It was also the first-ever Presidential visit undertaken by Mr. Inaishvili to Cambodia, Vietnam, and Laos since he took over as CACCI President in 2014. The CACCI delegation was composed of key chamber officers and leading businessmen from Australia, Bangladesh, Georgia, India, Nepal, and Taiwan.
(28) The Presidential visits enabled the CACCI delegation to meet with various government officials of the three host countries (such as the Ministry of Commerce and the Ministry of Agriculture and Rural Development in Vietnam) to exchange views on trade and investment issues as well as identify areas where the host countries and CACCI member economies may strengthen their economic relations.
(29) The delegation also had the opportunity to network with officers and members of the Cambodia Chamber of Commerce (CCC), the Vietnam Chamber of Commerce and Industry (VCCI), and the Lao National Chamber of Commerce and Industry (LNCCI), as well as with other local businessmen.
(30) They also visited special economic zones and made company visits, including textile and garment companies. Business matching sessions were also arranged, with the attending host chamber members approaching the individual members of the CACCI delegation who may take interest in exploring possible business cooperation with them.
B. Vladivostok visit
(31) Following his successful Presidential visits to Cambodia, Vietnam, and Laos in April 2018, CACCI President Mr. Jemal Inaishvili led another delegation of CACCI officers and members for a visit to another CACCI member country, this time to Russia – specifically in the port city of Vladivostok.
(32) Considered the administrative center of Primorsky Region, the city of Vladivostok (literally means “ruler of the east”) is located around the Golden Horn Bay, not far from Russia’s borders with China and North Korea. The population of the city as of 2017 was 606,589, up from 592,034 recorded in the 2010 Russian census. The city is the home port of the Russian Pacific Fleet and the largest Russian port on the Pacific. The city’s main industries are shipping, commercial fishing, and the naval base. Fishing accounts for almost four-fifths of Vladivostok’s commercial production. Other food production totals 11%. A very important employer and a major source of revenue for the city’s inhabitants is the import of Japanese cars.
(33) The visit was another milestone as it was the first-ever CACCI Presidential visit to Vladivostok. Like the other previous Presidential visits, the Vladivostok trip was aimed at providing the CACCI visitors the opportunity to gain a better understanding of the economic conditions in the city and explore possible joint business ventures and investment cooperation with their local counterparts. The visitors had the opportunity to meet with key officers of important organizations – such as the Russian Academy of Sciences, the Primorsky Krai Administration, and the Duma of Vladivostok City – and to share information with them on the current conditions as well as the trade and investment opportunities in Vladivostok and the Primorsky Region, as well as to exchange views with them on other matters of common interest.
(34) They also visited local companies – including the European Diamond Centre Co. Ltd., the Aviapolis Yankovsky Co. Ltd., the Techno Holding Sumotiru Co. Ltd, and the Marine Experimental Center – and learned first-hand about their activities and the areas in which they are open for investments.
C. Taipei visit
(35) CACCI President Mr. Jemal Inaishvili and CACCI Senior Vice President Mr. Samir Modi visited Taipei on September 3-4, 2018 to meet with officers of CACCI Primary Members in Taiwan – namely, the Chinese International Economic Association (CIECA) and the Chinese National Association of Industry and Commerce (CNAIC) – as well as make courtesy calls on key government officials and other business organizations involved in promoting trade and investment cooperation between Taiwan and other countries. Mr. Inaishvili and Mr. Modi also visited local business enterprises to explore possible areas of business cooperation.
(36) The two-day program of President Inaishvili and Senior Vice President Modi was mainly arranged by CIECA through its Chairman Mr. Henry Kao, head of I-Mei Foods, a leading food company in the Taiwan market. The government officials, trade organizations, and business enterprises visited included the following:
(36.a) ROC President H. E. Tsai Eng-Wen
(36.b) Vice Minister of Foreign Affairs of the ROC. Amb. Jose Maria Liu
(36.c) Taiwan External Trade Development Council
(36.d) Importers and Exporters Association of Taipei
(36.e) I-Mei Foods
(36.f) Taiwan Family Mart Co. Ltd.
D. Mongolia visit
(37) CACCI President Mr. Jemal Inaishvili led another Presidential visit to Mongolia on September 6-8, 2018, accompanied by CACCI Senior Vice President Mr. Samir Modi and 30 other delegates from Georgia, India, China and Taiwan.
(38) During the visit, the CACCI delegation made courtesy calls on Mongolian President Khaltmagiin Battulga and the Foreign Minister of Mongolia Damdin Tsogtbaatar. The visiting delegation took the opportunity to introduce CACCI and its activities, inform them of the role played by MNCCI in the Confederation, exchange information with them on the economic conditions in Mongolia as well as on the government’s trade and investment policies, and invite them to the 32nd CACCI Conference in Istanbul in November.
(39) As part of the Presidential visit program, the MNCCI organized a Conference entitled “Discover Business Opportunities Through CACCI” which gave an opportunity for CACCI delegates to obtain information on the economic, trade and investment environment in Mongolia, as well as for the local entrepreneurs and organizations to learn more about CACCI and its activities. The Conference was aimed at increasing knowledge and generating awareness about CACCI among entrepreneurs of Mongolia and enhance the cooperation between Mongolia and members of CACCI.
(40) The CACCI delegates also attended the Women’s Entrepreneurship Day program at the MNCCI headquarters. This one-day program provided the delegates a great opportunity to learn from the global and domestic communities to meet the needs of women entrepreneurs today. Women entrepreneurs from a multitude of backgrounds from Mongolia and other countries discussed the policies and programs of their governments to promote the women entrepreneurship in their respective countries. In order to establish and enhance the cooperation among the members of Council, an exhibition was organized to showcase all the products and services they offer.
(41) The Mongolia visit also took place at the same time as the Ulaanbaatar Partnership 2018, the country’s largest international trade fair. Jointly organized by the Mayor Administration of Ulaanbaatar City and MNCCI on September 7-10, the Ulaanbaatar Partnership 2018 brought together international and domestic companies from the food, textile, light industry, and agriculture sectors. CACCI members were invited to participate in the trade fair and set up their own booths. CACCI itself was given a complimentary booth in which CACCI related materials were displayed.
(42) The delegates also had the opportunity to visit the International Intellectual Puzzle Museum, or the IQ Museum, which displays rare and precious puzzles from around the world, and the Gobi Corp., which is one of the five largest vertically integrated producers of cashmere in the world, holding 60% of the domestic market of cashmere, and exports to over 30 countries globally. The CACCI delegation also visited Thonjin Boldog to see the biggest Chinggis Khan Monument, as well as the Gorkhi-Terelj National Park, hosts some of the loveliest and most picturesque scenery of the country. the Bayagal Resort located inside the Terelj National Park, the delegation was hosted for lunch by the MNCCI officers . The MNCCI also arranged a Mini-Naadam Festival featuring some cultural performances and wrestling matches for the delegation in the open field of the countryside.
III. Training Programs
(43) The CACCI Secretariat coordinated with Vietnam Chamber of Commerce and Industry (VCCI) CACCI and VCCI in co-organizing two-day workshops on International Trade and Short-Term Trade Finance in Vietnam. The first workshop was held in Hanoi on April 17-18 and the second one in Ho Chi Minh City on April 19-20.
(43.a) Day One of the workshop focused, among others, on the current revision of Incoterms. The facilitator explained the logic behind the proposals and the discussion around them. The participants were expected to learn about the main current issues with Incoterms 2010, the ideas for improvements, and the likely outcome: what the main changes in the Incoterms 2020 would be like.
(43.b) Day Two focused on short-term trade finance – documentary credits, financing, factoring, supply chain finance best practices. Participants were expected to gain a solid knowledge of how to use documentary credits in a day-to-day operational practice.
(43.c) The seminar was delivered by Mr. Pavel Andrl, an active and well established international trade finance specialist and senior tutor with the electronic Business School International.
IV. Participation in regional and international meetings/events/projects
A. Project on “South/Southeast Asian Business Society Models”
(44) Mr. Chandula Abeywickrema, Chairman of CSR Lanka, solicited CACCI’s support for a project with the Durham University UK on “South/Southeast Asian Business Society Models” which will focus on SMEs. Funded by the Economic and Social Research Council (ESRC) UK (www.esrc.ac.uk) as part of Britain’s Official Development Assistance, the 30-day project covered Sri Lanka, Bangladesh, Nepal, Indonesia, Malaysia, Cambodia, and Myanmar.
(45) Mr. Abeywickrema requested CACCI to endorse the project and to facilitate – within its organizational mandate – the project in the countries covered. By endorsing the project, CACCI would be given the opportunity to participate in workshops/conferences and knowledge sharing events in the South/Southeast Asian region to be organized by the Durham University Research Office and use the research findings.
(46) There was no financial obligation on the part of CACCI, as the cost of project activities was borne by the Durham Research Office and ESRC. Costs of the participation of a designated CACCI representative in workshops/conferences would be covered by the project.
B. ASEAN Business Advisory Council Meeting in Singapore
(47) CACCI was invited to participate, as an Observer, in the 11th Joint Consulting Meeting of the ASEAN Business Advisory Council (ASEAN-BAC) with ASEAN +1 Business Councils and Associations that took place on January 17, 2018. Held at the Supply Chain City, a 6.5-hectare logistics facility located in Jurong West, Singapore, the meeting was attended by ASEAN-BAC members, Joint Business Council Members, and representatives of the ASEAN + 1 Business Councils and Associations.
(48) It was the second time CACCI was invited as an Observer to a Joint Consulting Meeting regularly organized by the ASEAN BAC with ASEAN Business Councils and Associations from various Dialogue Partners of ASEAN. CACCI attended the 9th Joint Consultation Meeting held in January 2017 in Manila. Representing CACCI at both meetings was Deputy Director-General Mr. Amador Honrado Jr.
(49) The ASEAN BAC was formed following decision of the ASEAN Leaders at the 7th ASEAN Summit and launched in April 2003, with the mandate to provide private sector feedback and guidance to boost ASEAN’s efforts towards economic integration.
C. 4th ICC Asia-Pacific CEO Forum in Tokyo
(50) CACCI President Mr. Jemal Inaishvili served as one of the panel of experts during the 4th ICC Asia-Pacific CEO Forum held on March 8-9, 2018 at the Hotel New Otani in Tokyo, Japan.
(51) Mr. Inaishvili was invited by ICC Japan as Panelist during the session on “Achieving the United Nations Sustainable Development Goals Through Innovation and Entrepreneurship.” He joined Mr. Takeo Harada, CEO, Institute for International Strategy and Information Analysis, Inc., and Ms. Cherie Nursaalim, Vice President, GITI Group in the panel discussion. The session was chaired and moderated by Mr. John Danilovich, Secretary General, International Chamber of Commerce.
D. ICC World Chambers Federation General Council Meeting
(52) CACCI President Mr. Jemal Inaishvili attended the meeting of the General Council of the International Chamber of Commerce World Chambers Federation (ICC WCF) on April 11, 2018 in Beijing, China. The meeting was hosted by the China Chamber of International Commerce (CCOIC) and held at the Guido Hotel Beijing. Attending the meeting with M. Inaishvili was CACCI Deputy Director-General Mr. Amador Honrado, Jr.
(53) During the meeting, President Inaishvili had the opportunity to introduce CACCI to the meeting participants and to brief them about the ongoing and upcoming activities of CACCI, including the CACCI Presidential visits to Cambodia, Vietnam, Laos, Russia and Mongolia scheduled to take place during the year. He also invited them to the 32nd CACCI Conference held on November 23-24, 2018 in Ciragan Palace Kempinski Istanbul.
E. Belt and Road Trade and Investment Forum
(54) CACCI President Mr. Jemal Inaishvili joined other ICC-WCF General Council Members in attending the “Belt and Road Trade and Investment Forum” held on April 12, 2018 in Beijing at the Diaoyutai State Guesthouse. The Forum was Organized by the China Council for the Promotion of International Trade (CCPIT), China Chamber of International Commerce (CCOIC), and the ICC World Chambers Federation (ICC WCF), and supported by the Silk Road Business Council.
(55) Focusing on the theme “Unleashing Potential for Shared Future,” the Forum aimed to introduce and disseminate the Belt and Road concept, strengthen the dialogue between government and business, enhance connectivity between China and foreign countries, and build consensus of cooperation. The Forum discussed such topics as financing and unimpeded trade. It brought together about 700 business and industry delegates from more than 70 countries, including those covered by the CACCI membership. Several officers from CACCI member chambers served as panelists in the various sessions.
F. Meeting of ICC and CACCI officers in Taipei
(56) Amb. Feng Chi-Tai, CACCI Vice President, received Mr. Philip Kucharski, Chief Operating Officer of the International Chamber of Commerce (ICC), during the latter’s visit to Taipei on April 16-17. Amb. Feng and Mr. Kucharski exchanged views on the current conditions in the global economy, the growing protectionism among some of the major economies, the challenges and opportunities they offer, how these would impact on the Asian business community. They also explored possible areas of cooperation between CACCI and ICC that would be beneficial to their respective members, and bring the two organizations closer together in pursuing their common objective of promoting the interests of the business community.
G. ICC-CIECA Business Forum
(57) CACCI Secretariat executives joined members of the Chinese International Economic Association (CIECA), CACCI Primary Member in Taiwan, at the ICC-CIECA Business Forum held on April 16, 2018 in Taipei. The Forum featured Mr. Philip Kucharski, Chief Operating Officer of the International Chamber of Commerce (ICC), as Keynote Speaker. Mr. Kucharski made a presentation on the ICC – its mission and its activities aimed at expanding international trade, representing business, and promoting peace and prosperity. He identified areas where ICC would like to work more closely with the ICC national committees and other chambers of commerce in the Asian region – particularly those in Taiwan – to help achieve its objectives.
H. Forum on “The Great Silk Road: Towards New Frontiers of Development”
(58) CACCI President Mr. Jemal Inaishvili was invited as one of the special guests of honor at the international forum on “The Great Silk Road: Towards New Frontiers of Development” held at the Turkmen Awaza National Tourist Zone in the Caspian Sea shore in Turkmenistan on May 2, 2018. The Forum took place in conjunction with the opening of the new International Turkmenbashi Port, which is expected to connect Asia and Europe for transferring goods and ideas and help activate the so-called Silk Road corridors.
(59) Also attending the forum was the President of Turkmenistan Gurbanguly Berdimuhamedov. During the forum, Mr. Inaishvili presented a special award to President Berdimuhamedov as initiator of the project of Turkmenbashy International Seaport.
I. B20 Argentina Task Force on Trade and Investment and B20 Summit
(60) Mr. Jemal Inaishvili, President of the Confederation of Asia-Pacific Chambers of Commerce and Industry (CACI), was accepted as member of the B20 Task Force on Trade and Investment and participated in some of its various meetings and teleconferences.
(61) The B20 – chaired by Argentina in 2018 – is a platform that serves as an intermediary group between G20 governments and the international business community. Its primary mission is to deal with the urgent and significant global issues by developing actionable recommendations from global business leaders to the G20 Leaders. These issues are addressed by the various Task Forces set up for this purpose, including the Task Force on Trade and Investment.
(62) As member of the Task Force on Trade and Investment, Mr. Inaishvili attended the B20 Summit held on October 4-5, 2018 in Buenos Aires, Argentina. The Summit gathered some 1,200 business leaders from around the world. The high-level representatives from business presented B20 recommendations and debate on the issues that are shaping economies today and will have substantial impact on their future.
J. 2018 Silkroad Business Summit
(63) President Inaishvili also attended the 2018 Silkroad Business Summit organized by the Silk Road Chamber of International Commerce (SRCIC) held on October 16, 2018 in the city of ZhangJiajie, central China’s Hunan province. During the two-day event, some 400 representatives from 84 countries and regions (from Chinese and foreign governments, international organizations, and chambers of commerce ) explored issues such as maintaining multilateral trade system, building an open world economy, creating a safe international business environment and promoting the development of traditional medicine.
(64) During the Summit, President Inaishvili was presented the SRCIC Outstanding Leadership Award, along with the leaders of two other CACCI Primary Members, namely, Mrs. Magvan Oyunchimeg, CEO of the Mongolian National Chambers of Commerce and Industry, and Mr. Said Sharif, Chairman of the Chamber of Commerce and Industry of the Republic of Tajikistan. Another officer of a CACCI member chamber – Mrs. Nino Chikovani, President of the Georgian Chamber of Commerce and Industry, was presented the 2018 SRCIC Outstanding Contribution Award.
K. 3rd ASEAN Young Entrepreneurs Carnival in Singapore
(65) CACCI participated in the 3rd ASEAN Young Entrepreneurs Carnival upon the invitation of the Singapore Business Federation and the ASEAN Young Entrepreneurs Council. Held on 13-14 November 2018 at the Raffles City Convention Centre in Singapore, the Carnival was attended by young business leaders from 14 countries, including representatives from the Chinese National Association of Industry and Commerce (CNAIC) and the Third Wednesday Club of Taiwan.
(66) Focusing on the theme “Smart Leaders: Smart Businesses”, the Carnival sought to strengthen ASEAN as a resilient and innovative region and connect ASEAN’s economies and businesses through digital technology. The two-day event deployed the use of artificial intelligence and analytics in a specially organized workshop to help delegates analyse their business performance, recommend improvements to strengthen their management capabilities, and help improve the appeal to financier, all with lesser human intervention.
(67) The Carnival also dwelt on enhancing collaborations for five industries, namely: (a) IT and Technology; (b) Agribusiness and commodities; (c) Construction and real estate development; (d) Supply chain and logistics; and (e) Consumer goods.
L. 80th Anniversary of the Kowloon Chamber of Commerce
(68) Director General Mr. Ernest Lin and Deputy Director-General Mr. Amador Honrado represented CACCI at the 80th Anniversary celebration of the Kowloon Chamber of Commerce (KCC) held on December 18, 2018 in Hong Kong. Mr. Lin presented a token gift to KCC to commemorate the occasion.
M. Invitations for CACCI members to attend forums
(M.1) 6th SAARC Business Leaders Conclave
(69) CACCI members were invited by Ceylon Chamber of Commerce to attend the 6th Edition of SAARC Business Leaders Conclave (SBLC) held on 16-18th March, 2018 in Kathmandu, Nepal. Focusing on the theme “Unleashing Shared Prosperity Through Economic Integration,” this year’s SLBC was inaugurated by the Prime Minister of Nepal as per tradition. The SBLC was also attended by Commerce Ministers of SAARC Member states.
(M.2) IFFA International Forum of Grains, Oil Seeds and Related Products
(70) The Iranian Federation of Food Associations (IFFA) invited CACCI members to attend the “International forum of grains, oil seeds and related products” held on May 7-8, 2018 in Tehran IRIB International Conference Center. Supported by the Iran Agricultural Ministry and Iran/Tehran Chamber of Commerce, the two-day forum focused on market developments. It offered an excellent environment for discussions of trends in agricultural market, supported development of business strategies in a rapidly changing world, and provided great opportunities to contact producers and buyers of grains and oil seeds.
(M.3) International Exhibitions on Beverages, Coffee, Tea and Dairy and Related Industries
(71) The Federation of Iranian Food Industry Associations invited CACCI members to the “9th International Exhibition of Beverages, Coffee, Tea and Related Industries” and the “3rd International Exhibition of Dairy and Related Industries” held on on September 15 – 18, 2018 in Tehran, Iran. The exhibition provided the participants the opportunity to know the latest market trends and identify areas of mutual cooperation opportunities.
(M.4) Regional Australia Asia Chambers Forum
(72) Mr. Brian O’Gallagher, Deputy Chief Executive Officer of the Chamber of Commerce Northern Territory, met with CACCI Director-General Mr. Ernest Lin and Deputy Director-General Mr. Amador Honrado on August 30, 2018 at the CACCI Secretariat office in Taipei. Mr. O’Gallagher briefed Mr. Lin and Mr. Honrado on the upcoming Regional Australia Asia Chambers Forum scheduled to be held on May 2-3, 2019 in Darwin, Australia. The two sides also exchanged ideas on how CACCI can help promote the Forum to its members, and how the Chamber of Commerce Northern Territory can use the CACCI platform – such as the upcoming 32nd CACCI Conference to be held on November 23-24, 2018 in Istanbul – to disseminate information on its activities and drum up participation of CACCI members.
V. Other activities
A. Project proposals for CACCI Foundation funding
(73) CACCI invited its Primary Members and Affiliate Members to submit formal proposals on projects that they wish to be financed by the CACCI Foundation. The CACCI Foundation was established in 2006 to help Primary and Affiliate Members implement projects aimed at promoting entrepreneurship and the development of small and medium enterprises. The ultimate objective is to assist chambers in Asian developing countries region to become sustained contributors to the economic development of the private sector. CACCI called on Primary and Affiliate Members to submit formal proposals on projects – either ongoing or still to be implemented – that encourage entrepreneurship and promote the growth and development of SMEs, thereby helping achieve the objective of the CACCI Foundation.
B. Creation of LinkedIn Page
(74) CACCI created its own LinkedIn account as additional social media platform for disseminating information to both members and non-members alike and for encouraging discussion and dialogue on issues of common concern.
C. Teleconferences with the World Chambers Federation
(75) The CACCI Secretariat participated in two teleconferences with ICC World Chambers Federation – one on October 27 and the other on December 1. The two sides updated each other on their ongoing and upcoming activities, as well as discussed other possible areas of cooperation between the two organizations.
D. Dissemination of ASEAN Investment Report 2017
(76) In addition, the CACCI Secretariat disseminated to all CACCI members copies of the ASEAN Investment Report 2017, which was launched at the ASEAN Business and Investment Summit held in Manila on November 13, 2017.
E. Publication of the latest newsletters of CACCI Product and Service Councils
(77) CACCI published the latest editions of the newsletters of the following CACCI Product and Service Councils:
(77.a) Asian Tourism Council
(77.b) Asian Council on Food and Agriculture
(77.c) Asian Council on Health and Education
(77.d) CACCI Women Entrepreneurs Council
(77.e) Young Entrepreneurs Group of Asia-Pacific
(77.f) Asian Council on Water, Energy and Environment
(77.g) Asian ICT Council
(77.h) Asian Council on Textiles and Garments
(77.i) SME Development Council
(77.j) Asian Council on Contracting and Construction
(77.k) Asian Council on Trade Facilitation
CACCI members invited to 5th Eastern Economic Forum in Vladivostok
Vladivostok – CACCI is pleased to share with its members an invitation to the 5th Eastern Economic Forum (EEF) to be held on September 4-6, 2019 in Vladivostok, Russia. Organized by the Rosscongress Foundation, the EEF aims to: (a) strengthen ties between the international investment community, Russian business, and federal, regional, and local government bodies; (b) conduct […]
CACCI members invited to 5th Eastern Economic Forum in Vladivostok
Vladivostok – CACCI is pleased to share with its members an invitation to the 5th Eastern Economic Forum (EEF) to be held on September 4-6, 2019 in Vladivostok, Russia.
Organized by the Rosscongress Foundation, the EEF aims to: (a) strengthen ties between the international investment community, Russian business, and federal, regional, and local government bodies; (b) conduct a comprehensive expert assessment of the economic potential of the Russian Far East as well as improve the region’s competitiveness and attractiveness to investors both nationally and internationally; (c) showcase new investment and business opportunities such as advanced special economic zones, Vladivostok Free Port and state support for high-potential investment projects.
The Forum’s agenda includes discussion of key issues in the world economy, regional integration and the development of new industrial and technological sectors, as well as of the global challenges facing Russia and other nations.
The Chamber of Commerce and Industry of the Russian Federation (CCIRF), a Primary Member of CACCI, is EEF Knowledge Partner and is actively involved in the process of creating the architecture of the Forum, preparing the participants list, and organizing the exhibition, panel sessions and roundtables on the key international and regional issues. According to the CCIRF, the Forum business program includes a number of business dialogues with leading partner countries in the Asia-Pacific region and with ASEAN.
Detailed information about EEF 2019 is available at the web-site HERE.
Winners of 4 CACCI competitions
Ankara – During the 32nd CACCI Conference in Istanbul on November 23-24, 2018, CACCI awarded the winners of four different competitions: Local Chamber, Asia-Pacific Young Entrepreneur, Asia-Pacific Woman Entrepreneur and 3rd Hydropower and Clean Energy. The winners were: 8th Local Chamber Awards There were two winners for the 8th Local Chamber Awards. […]
Ankara – During the 32nd CACCI Conference in Istanbul on November 23-24, 2018, CACCI awarded the winners of four different competitions: Local Chamber, Asia-Pacific Young Entrepreneur, Asia-Pacific Woman Entrepreneur and 3rd Hydropower and Clean Energy. The winners were:
8th Local Chamber Awards
There were two winners for the 8th Local Chamber Awards. The Aegean Region Chamber of Industry from Turkey won under the Big Chamber category, and the Union The Primorsky Chamber of Commerce and Industry from Russia was proclaimed the winner under the Small Chamber category. The two chambers were cited for their outstanding achievements in promoting the industrial, commercial and social well-being of their respective communities and their contribution to the chamber movement.
7th Asia-Pacific Young Entrepreneur Award
CACCI presented the 7th Asia-Pacific Young Entrepreneur Award to Ms. Nazanin Daneshvar, Founder and CEO of Takhfifan from Iran, who was cited for her entrepreneurial and business leadership, contribution to the social well being of the local community, practice of good business ethics, and support of the chamber movement in the region. A Special recognition was also given to Mr. Roman Nikolaevich Bobylev, Found/Head of Lozaholding from Russia, who was cited for his achievements despite his physical disability.
2nd Asia-Pacific Woman Entrepreneur Award
Two nominees were declared joint Winners of the 2nd Asia-Pacific Woman Entrepreneur Award, namely: Ms. Sherill R. Quintana, President/CEO of Oryspa Spa Solutions, Inc. from the Philippines, and and Ms. Zeynep Erkunt Armagan, Chairperson of Erkunt Tractor Industries Ltd. from Turkey. Mr. Quintana and Ms. Armagan were both cited for their entrepreneurial and business leadership, contribution to the social well being of the local community, practice of good business ethics, and support of the chamber movement in the region.
3rd Hydropower and Clean Energy Award
The winner of the 3rd Hydropower and Clean Energy Excellence Award was Meghna Group of Industries from Bangladesh. The company was cited for its significant contribution to the sustainable promotion, support and development of clean energy in the Asia Pacific region.
The winners were announced and received their awards from the Immediate Past President Mr. Jemal Inaishvili and newly elected CACCI President Mr. Samir Modi
CACCI takes this opportunity to thank all members who participated – in one way or another – in the 2018 CACCI Awards. CACCI looks forward to CACCI members’ continued support and cooperation in future Awards Program.
CACCI members invited to St. Petersburg SPIEF’19
Moscow – CACCI is pleased to convey an invitation to all CACCI officers and members to attend the 23rd St. Petersburg International Economic Forum (SPIEF’19) to be held on June 6-8, 2019 in St. Petersburg, Russia. Organized by the Rosscongress Foundation, the SPIEF is an international platform for discussion of the key issues on the […]
Moscow – CACCI is pleased to convey an invitation to all CACCI officers and members to attend the 23rd St. Petersburg International Economic Forum (SPIEF’19) to be held on June 6-8, 2019 in St. Petersburg, Russia.
Organized by the Rosscongress Foundation, the SPIEF is an international platform for discussion of the key issues on the global economic agenda. In 2018, the Forum brought togeher over 17,000 participants – business representatives, heads of international organizations, officials, experts, scientists and media from 143 countries.
The Chamber of Commerce and Industry of the Russian Federation (CCIRF), a Primary Member of CACCI, is Knowledge Partner of the Forum. It is also the main organizer of panel sessions on cooperation within SCO (Shanghai Cooperation Organization), BRICS (Brazil, Russia, India, China and South Africa), and some other issues of economic development.
Detailed information about SPIEF’19 s available at the website HERE.
CACCI members invited to ICC & WCC Competition
Paris – The International Chamber of Commerce (ICC) in conjunction with the 11th World Chambers Congress are inviting CACCI members to submit nominations to join the 2019 World Chambers Competition. The competition is scheduled to take place on June 12-14, 2019 in Rio de Janeiro, Brazil. If CACCI Chambers are interested to participate, please click […]
Paris – The International Chamber of Commerce (ICC) in conjunction with the 11th World Chambers Congress are inviting CACCI members to submit nominations to join the 2019 World Chambers Competition.
The competition is scheduled to take place on June 12-14, 2019 in Rio de Janeiro, Brazil.
If CACCI Chambers are interested to participate, please click HERE for details. Your nomination must be submitted before January 15, 2019.
Sincerely yours,
Ernest Lin Director-General Confederation of Asia-Pacific Chambers of Commerce and Industry (CACCI)
CACCI joins 3rd ASEAN Young Entrepreneurs Carnival
Singapore – The Confederation of Asia-Pacific Chambers of Commerce and Industry (CACCI) – represented by Deputy Director-General Mr. Amador Honrado Jr. – participated in the 3rd ASEAN Young Entrepreneurs Carnival upon the invitation of the Singapore Business Federation and the ASEAN Young Entrepreneurs Council. Held on 13-14 November 2018 at the Raffles City Convention Centre in Singapore, the Carnival […]
CACCI joins 3rd ASEAN Young Entrepreneurs Carnival
Singapore – The Confederation of Asia-Pacific Chambers of Commerce and Industry (CACCI) – represented by Deputy Director-General Mr. Amador Honrado Jr. – participated in the 3rd ASEAN Young Entrepreneurs Carnival upon the invitation of the Singapore Business Federation and the ASEAN Young Entrepreneurs Council. Held on 13-14 November 2018 at the Raffles City Convention Centre in Singapore, the Carnival was attended by young business leaders from 14 countries
Focusing on the theme “Smart Leaders: Smart Businesses”, the Carnival sought to strengthen ASEAN as a resilient and innovative region and connect ASEAN’s economies and businesses through digital technology. The two-day event deployed the use of artificial intelligence and analytics in a specially organized workshop to help delegates analyse their business performance, recommend improvements to strengthen their management capabilities, and help improve the appeal to financier, all with lesser human intervention.
The Carnival also delved on enhancing collaborations for five industries, namely:
(a) IT and Technology
(b) Agribusiness and commodities
(c) Construction and real estate development
(d) Supply chain and logistics
(e) Consumer goods
The Plenary Sessions of the Carnival focused on the following topics:
I. Future of Business in ASEAN – Key discussion topics included: macroeconomic developments in ASEAN; how ASEAN will be impacted by developments in regulatory environment and technology advancements; and opportunities for future business in ASEAN.
II. Regional Partnership with ASEAN – Key discussion topics included: present and future regional cooperation and business opportunities between ASEAN and dialogue partners; developments on the Belt and Road Initiative and ASEAN’s Roles in maritime and overland routes; future growth opportunities for businesses beyond infrastructure (e.g., digital connectivity, agriculture investments, technology and food security)
III. SMART Innovation – Key discussion topics included: how businesses generate new ideas and technologies to turn them into new business realities, sustained by new business models; and how to learn from successful businessmen and their innovative business models using disruptive technologies.
IV. SMART Financing – Key discussion topics included : what are some of the traditional financing modalities for businesses; what are the new and emerging trends in business financing options; and what potentia;l troles does cryptocurrencies and initial coin offerings have in the new financing landscape.
V. Financing and Fundraising – This session provided insights on how ASEAN small and medium enterprises fare against peers in their respective industries n terms of business performance, the implications on their valuation and funding requirements.
The Carnival featured as Guest of Honour Ms. Sim Ann, Senior Minister of State, Ministry of Communications and Information, and Ministry of Culture, Community and Youth, Singapore.
New CACCI President, Vice Presidents, Treasurer & Budget Commissioners elected
Istanbul – The Confederation of Asia-Pacific Chambers of Commerce and Industry (CACCI) is pleased to officially announce the election of Mr. Samir Modi as the new President of the Confederation of Asia-Pacific Chambers of Commerce and Industry (CACCI) for the next two years (2018-2020). Mr. Modi was elected during the 89th CACCI Council Meeting held […]
New CACCI President, Vice Presidents, Treasurer & Budget Commissioners elected
Istanbul – The Confederation of Asia-Pacific Chambers of Commerce and Industry (CACCI) is pleased to officially announce the election of Mr. Samir Modi as the new President of the Confederation of Asia-Pacific Chambers of Commerce and Industry (CACCI) for the next two years (2018-2020). Mr. Modi was elected during the 89th CACCI Council Meeting held on November 23, 2018 in conjunction with the 32nd CACCI Conference in Istanbul, Turkey. He replaces Mr. Jemal Inaishvili, who served as President for two consecutive terms from 2014 to 2018.
Mr. Modi is concurrently Executive Director, K. K. Modi Group; Executive Director, Godfrey Phillips India Limited; Director, Indofil Industries Limited; President, 24 Seven Convenience Stores; Managing Director, Colorbar Cosmetics Pvt. Ltd. and Managing Director, Modicare Private Limited. He served as CACCI Senior Vice President prior to assuming the Presidency.
In his Acceptance Speech, Mr. Samir Modi said: “As I’ve learned from the various CACCI events and activities that I attended over the past two years – many of which were led by former CACCI Presidents, including my father Mr. K. K. Modi and of course, our Immediate Past President Mr. Jemal Inaishvili – the CACCI presidency is a position that carries with it enormous responsibility and challenges. Keeping the Confederation dynamic and in the forefront of the chamber movement in the region is a daunting task for any leader, given the rapid changes in the world economy and their impact on the region’s markets. However, I am confident of working harmoniously with the new team of officers who, individually, are committed to push our Confederation forward.”
Mr. Samir Modi is the son of Mr. K. K. Modi, former CACCI President for the 2002 to 2006 period.
The other newly-elected CACCI office bearers include the following:
Vice Presidents
Peter McMullin (ACCI)
Sheikh Fazle Fahim (FBCCI)
Pedram Soltani (ICCIMA)
Wyler Wong (Kowloon Chamber)
Teruo Asada (JCCI)
Magvan Oyunchimeg (MNCCI)
Pradeep Kumar Shrestha (FNCCI)
Henry Kao (CIECA)
Rifat Hisarciklioglu (TOBB)
Honorary Treasurer
Ernest Yuen (Kowloon Chamber)
Budget Commission
Steve Hsieh (CIECA)
Obaidur Rahman (FBCCI)
Muhammad Iqbal Thaheem (FPCCI)
CACCI ardently hope that all 27 national chambers of commerce and industry, 46 member chambers of commerce and industry and more than 300 life time special members will give Mr. Samir Modi and the other newly-elected CACCI Vice-President and officers the same kind of support and cooperation that you have extended to Mr. Inaishvili and other previous CACCI office-bearers.
Asia Pacific region is strategic for Turkish economy – Turkish Trade Minister Ruhsar Pekcan
Istanbul – Turkish Trade Minister Ruhsar Pekcan expressed pleasure at attending the 32nd CACCI Conference held on November 23-24, 2018. Sponsored by the Turkey Chambers and Commodity Exchanges (TOBB), and under the patronage of the Turkish Presidency and in cooperation with the Confederation of Asia-Pacific Chambers of Commerce and Industry (CACCI), the CACCI Conference was […]
Asia Pacific region is strategic for Turkish economy – Turkish Trade Minister Ruhsar Pekcan
Istanbul – Turkish Trade Minister Ruhsar Pekcan expressed pleasure at attending the 32nd CACCI Conference held on November 23-24, 2018. Sponsored by the Turkey Chambers and Commodity Exchanges (TOBB), and under the patronage of the Turkish Presidency and in cooperation with the Confederation of Asia-Pacific Chambers of Commerce and Industry (CACCI), the CACCI Conference was honored by the participation of the Minister of Trade Pekcan, who expressed support and encouragement to the conference.
Pekcan pointed out that it is important that young entrepreneurs, women entrepreneurs and SMEs participated in the CACCI conference this year and said that the world economy cannot be interpreted correctly without understanding developments in the Asia Pacific region.
Minister Pekcan said that Asia’s weight in the global economy is gradually increasing. “While the share of Asia Pacific countries in the global economy was 23.1 percent in 2001, it increased to 29.7 percent in 2017. In the same period, the share of global exports increased from 25.8 percent to 33.7 percent. It clearly shows that the Asia Pacific region has become a new center of gravity for global production and trade.
These developments show that acceleration will continue. Moreover, one thing is certain: a competitive, industrialized, urbanized Asia must become a consumption economy in the near future. For this reason, the Asia Pacific Region will be of strategic importance to the Turkish economy and Turkish exporter in the next decades. We will carry out policies based on this global mega-trend. ” the Trade Minister added.
Pekcan said that “the Ministry specifically has identified China and India as targets and developed new strategies for these countries, and that the action plans are prepared,” the Minister said.
“The Pacific is the ocean of the future” – TOBB President Rifat Hisarcıklıoğlu
Istanbul – TOBB President and CACCI Vice President M. Rifat Hisarcıklıoğlu, in his speech at the 32nd CACCI Conference themed “Asia: Expanding Boundaries” held on November 23-24, 2018 and in the presence of the Minister of Trade, Ruhsar Pekcan, said that “the Mediterranean was the ocean of the old world. The Atlantic is today’s ocean. […]
“The Pacific is the ocean of the future” – TOBB President Rifat Hisarcıklıoğlu
Istanbul – TOBB President and CACCI Vice President M. Rifat Hisarcıklıoğlu, in his speech at the 32nd CACCI Conference themed “Asia: Expanding Boundaries” held on November 23-24, 2018 and in the presence of the Minister of Trade, Ruhsar Pekcan, said that “the Mediterranean was the ocean of the old world. The Atlantic is today’s ocean. The Pacific is the ocean of the future. The center of gravity of the world economy is shifting to Far Asia and that we are entering the Pacific century.”
Hisarcıklıoğlu further said that “all kinds of products are produced here, in different quality and scales. With over 3 billion consumers, the largest global market is here. Both, economic growth and the increase in imports of goods and services, are above the world’s average. Therefore, the Asia Pacific region is becoming increasingly important for the global economy. It has a decisive power in the course of the world economy.
TOBB President and CACCI Vice President M. Rifat Hisarcıklıoğlu pointed out the importance of Istanbul in the world. “Istanbul was the capital of 3 great empires, the only city in the world that is located on 2 continents. Napoleon stressed the strategic importance of this place by saying “If the world was a single country, its capital would be Istanbul.” Hisarcıklıoğlu added that the Istanbul New Airport, which opened last month and which is one of the largest in the world, will bring Istanbul into a transit center.
Hisarcıklıoğlu, who thanked Vice President Fuat Oktay and Minister of Trade Ruhsar Pekcan for their participation and contributions, also used the opportunity to congratulate the immediate past CACCI President Jemal Inaishvili for his work and the election of Samir Modi as the new CACCI President.
The running star: Asia Pacific
Stating that the Asia Pacific region covers 40 percent of the world’s population, 30 percent of the global trade volume and 23 percent of the world’s economic size, Hisarcıklıoğlu emphasized that Asia Pacific is pulling global growth. Asia-Pacific countries provide 60% of the growth in the world economy. While the economic growth in the world is 4 percent, it is over 5 percent in this region. So the Asia-Pacific continues to grow faster. In addition, Asia Pacific countries are investing $470 billion internationally annually.
The world’s 3 largest economies, the US, China, Japan are in the Pacific. For the first time in history, trade across the Pacific has crossed the Atlantic, making the 21st century the Pacific Century.
In this period of change in the world, CACCI’s conference in Turkey is of great importance. Turkey exports $ 170 billion a year and exports $ 50 billion and because of its geographical position, it has a large industrial production base.
Currently, Turkey is the 6th largest supplier of the European Union. Turkey also has great potential and wants to develop Asia-Pacific business. Turkey aims to increase the trade and investments between us, to establish new cooperation and partnerships. We want a strong economic integration with the Asia-Pacific region. As TOBB, we accept CACCI members as strategic partners, he said.
An opportunity to get closer
The vision of business in the Asia-Pacific Region with the Turkish business world will ensure a strong and lasting economic integration, expressed Hisarcıklıoğlu. By holding the conference in Turkey, CACCI, an umbrella business organization of the Asia-Pacific Region, allows companies on their own to come together.
So far, there is a desire to establish strong economic relations with Asia, TOBB President said. This conference it an important opportunity, CACCI Vice President M. Rifat Hisarcıklıoğlu said. Here in Turkey, there are business people in each sector. Let’s talk about trade and investment opportunities he added.
Danger of protectionism
Hisarcıklıoğlu stated that one of the biggest economic problems faced today is increasing protectionism and the biggest loss is seen by developing countries. Hisarcıklıoğlu said that G20 countries, which constitute the world’s 20 largest economies, have taken 40 new trade restrictive measures in the first half of 2018, totaling USD 480 billion. It has reached a record level of restrictions and the United States is leading the measures. He added that we must overcome this problem together.
We need to identify commercial barriers between us and work with our governments to remove them. After that, our main agenda should be Trade Facilitation because trade is the greatest source of peace, he concluded.
Successful 32nd CACCI Conference concludes in Istanbul
Istanbul – The Asia-Pacific Economic Summit, hosted by TOBB President and CACCI Vice President M. Rifat Hisarcıklıoğlu, ended after several parallel sessions, bilateral business meetings, Product and Council meetings, particular meeting and cooperation talks. The last section of the 32nd CACCI (Confederation of Chambers of Commerce and Industry of Asia Pacific) Conference held the 90th […]
Successful 32nd CACCI Conference concludes in Istanbul
Istanbul – The Asia-Pacific Economic Summit, hosted by TOBB President and CACCI Vice President M. Rifat Hisarcıklıoğlu, ended after several parallel sessions, bilateral business meetings, Product and Council meetings, particular meeting and cooperation talks.
The last section of the 32nd CACCI (Confederation of Chambers of Commerce and Industry of Asia Pacific) Conference held the 90th Council Meeting chaired by Samir Modi, who took over from Jemal Inaishvili as new President of CACCI. TOBB President Hisarcıklıoğlu, who was re-elected as CACCI Vice President, also made evaluations about the conference and pressing issues in the international business environment. The summit ended with a cocktail and gala dinner featuring colorful events.
Five new CACCI Lifetime Special Members: Saudi Arabia, Bangladesh and Mongolia
Taipei – Since the 88th CACCI Council Meeting held on September 18, 2017 in Sydney Australia, the CACCI Council has received five applications for Lifetime Special Membership. The newest Lifetime Special Members include one from Saudi Arabia, two from Bangladesh and two from Mongolia, as following: (1) Mr. Yassin Saeed Al Suroor – Mr. Yassin […]
Five new CACCI Lifetime Special Members: Saudi Arabia, Bangladesh and Mongolia
Taipei – Since the 88th CACCI Council Meeting held on September 18, 2017 in Sydney Australia, the CACCI Council has received five applications for Lifetime Special Membership.
The newest Lifetime Special Members include one from Saudi Arabia, two from Bangladesh and two from Mongolia, as following:
(1) Mr. Yassin Saeed Al Suroor – Mr. Yassin Saeed Al Suroor is the President and CEO of the Arab Economic and Business Group (Aa’Mal Group), which is based in Saudi Arabia with global offices. A’amal Group was founded by a group of high caliber businessmen with an extensive experience in oil, gas, civil engineering and construction (privatization) industry region wide.
(2) Mrs. S. Ayesha Akhtar Jahan – Mrs. Ayesha Akhtar Jahan is Managing Director of Pandora Associates from Bangladesh. Established in 1999, Pandora Associates Ltd. is a company that aims to develop capacity of textile & garment sector & their human resources. Its Marketing & Technical support, Information Technology & Quality Assurance department supports the customers to grow and achieve professional excellence.
(3) Shan Sabil (BD) Ltd. from Bangladesh – With Md. Gias Uddin Bhuiyan as its Managing Director, Shan Sabil (BD) Ltd. is engaged in indenting, imports, and exports and is a supplier of garments accessories. It has offices in the country’s capital city of Dhaka and in Chittagong.
Mr. Md. Gias Uddin Bhuiyan visited CACCI Secretariat early in May 2018
(4) Mongol Basalt JSC from Mongolia – Founded in 2007, ‘Mongol Basalt’ JSC is the first and only company that produces stone wool insulation materials in Mongolia. It currently produces and sells its own brand of rockwool named Basaltwool that is used for insulation and soundproofing
CACCI President Inaishvili, Senior VP Samir Modi, and VP Oyunchimeg Magvan present Certificate of Membership and CACCI pin to the newly admitted Lifetime Special Member from Mongolia – Mongol Basalt JSC
(5) Bishrelt Group from Mongolia – Bishrelt Group was established as a Bishrelt trade and service company in 1994. Since then, it has expanded its business scope, employing over 1500 employees in its 14 subsidiary companies, and became one of the biggest groups in Mongolia. It business scope includes banking and finance, production, and trade and services.
CACCI President Inaishvili, Senior VP Samir Modi, and VP Oyunchimeg Magvan present Certificate of Membership and CACCI pin to the newly admitted Lifetime Special Member from Mongolia – Bishrelt Group
WTO’s Deputy Director-General Yi Xiaozhun – Keynote speaker at CACCI Conference
Photo from WTO website Istanbul – World Trade Organization’s Deputy Director-General Yi Xiaozhun will be delivering the keynote speech at the 32nd CACCI Conference in Istanbul on November 24, 2018. Mr. Yi Xiaozhun has been a Deputy Director-General at the World Trade Organization since October 2013. Yi Xiaozhun has extensive experience in world trade and economics, […]
WTO’s Deputy Director-General Yi Xiaozhun – Keynote speaker at CACCI Conference
Photo from WTO website
Istanbul – World Trade Organization’s Deputy Director-General Yi Xiaozhun will be delivering the keynote speech at the 32nd CACCI Conference in Istanbul on November 24, 2018.
Mr. Yi Xiaozhun has been a Deputy Director-General at the World Trade Organization since October 2013. Yi Xiaozhun has extensive experience in world trade and economics, both as a senior government official and subsequently as China’s ambassador to the WTO. He represented China as a key negotiator in China’s WTO accession process, making an important contribution to the negotiations.
Prior to becoming China’s ambassador to the WTO in 2011, Mr Yi was Assistant Minister and subsequently China’s Vice Minister of Commerce in charge of multilateral and regional trade negotiations and cooperation. Besides his contribution to China’s WTO accession, he played a leading role in negotiating numerous free trade agreements (FTAs), including the China- ASEAN agreement, China’s first FTA. He also worked as a diplomat at the Chinese Embassy in the United States for more than four years from the late 1980s to the early 1990s.
Mr Yi obtained a Master’s degree in economics from Nankai University in China in 1999.
Asia Expanding Boundaries
The 32nd CACCI Conference will identify measures that the business sector and governments in the region can undertake to address the challenges being faced by the global economy and take full advantage of the current opportunities, enabling them to grow and expand beyond the domestic borders.
Speakers at the Conference will discuss how chambers and businessmen in the region can work closely together in defining a new role for the Asian business community in achieving a sustainable economic growth, grasping opportunities outside the usual geographical and technological boundaries, and managing shared risks and problems amid a rapidly changing world market.
Wellington, Lao, Primorsky, Darwin & Turkey present business opportunities
Istanbul – As part of the program for the upcoming 32nd CACCI Conference on November 23-24, 2018 in Istanbul, Turkey, we are once again organizing a special session entitled “Discover Business Opportunities Through CACCI”. Scheduled on the afternoon of November 23, this session will feature special country presentations by representatives from selected CACCI member-countries. The […]
Wellington, Lao, Primorsky, Darwin & Turkey present business opportunities
Istanbul – As part of the program for the upcoming 32nd CACCI Conference on November 23-24, 2018 in Istanbul, Turkey, we are once again organizing a special session entitled “Discover Business Opportunities Through CACCI”. Scheduled on the afternoon of November 23, this session will feature special country presentations by representatives from selected CACCI member-countries.
The country presentations are intended to provide the Conference delegates the opportunity to obtain more information about the economic and business conditions and the trade and investment opportunities in the various CACCI member countries, as well as to learn more about the CACCI Primary Members and their activities. These country presentations have become an integral part of our annual Conferences in order to provide all CACCI Primary Members the opportunity to promote their respective countries.
For the “Discover Business Opportunities Through CACCI” this year, we have invited the following chambers to make their respective country presentations:
Wellington Chamber of Commerce (New Zealand)
Lao National Chamber of Commerce and Industry (Laos)
Chamber of Commerce and Industry of Primorsky Region (Vladivostok, Russia)
Chamber of Commerce Northern Territory (Darwin, Australia)
Union of Chambers and Commodity Exchanges of Turkey (Turkey)
We therefore hope you will join our Istanbul Conference, and discover business opportunities in the above-mentioned presenting countries.
For more details about the speakers’ lineup, meetings and to register, please visit the…
CACCI Officers visit “Ulaanbaatar Partnership 2018” International Trade Fair
Ulaanbaatar – A CACCI Presidential delegation of more than 30 members from Bangladesh, China, Georgia, Hong Kong, India, the Philippines and Taiwan participated in the formal Opening Ceremony of the “Ulaanbaatar Partnership 2018”. CACCI President Jemal Inaishvili used the opportunity to thank MNCCI leadership for the invitation to Mongolia, as well as to visit many […]
CACCI Officers visit “Ulaanbaatar Partnership 2018” International Trade Fair
Ulaanbaatar – A CACCI Presidential delegation of more than 30 members from Bangladesh, China, Georgia, Hong Kong, India, the Philippines and Taiwan participated in the formal Opening Ceremony of the “Ulaanbaatar Partnership 2018”. CACCI President Jemal Inaishvili used the opportunity to thank MNCCI leadership for the invitation to Mongolia, as well as to visit many exhibitors.
The Mongolian National Chamber of Commerce and Industry (MNCCI) organizes annually, in collaboration with the Mayor Administration of Ulaanbaatar City, this important international trade fair named “Ulaanbaatar Partnership” which attracts more than 100 international exhibitors. The purpose of the trade fair is to present commodity products and services of domestic and foreign enterprises promoting their businesses between and among interested parties.
Ulaanbaatar Partnership 2018 featured a CACCI booth in which some members of the CACCI visiting delegation from India – mainly women entrepreneurs – displayed their products and catalogues, along with CACCI promotional materials.
CACCI visits Gobi Cashmere Factory
Ulaanbaatar – As part of its mandate to promote trade and business growth, a CACCI delegation led by President Jemal Inaishvili, Vice President Samir Modi, and other international delegates visited Gobi Corp., which is one of the five largest vertically integrated producers of cashmere in the world. Established in 1981, the company holds […]
Ulaanbaatar – As part of its mandate to promote trade and business growth, a CACCI delegation led by President Jemal Inaishvili, Vice President Samir Modi, and other international delegates visited Gobi Corp., which is one of the five largest vertically integrated producers of cashmere in the world.
Established in 1981, the company holds 60% of the domestic market of cashmere, and exports to over 30 countries globally. Its current production capacity processes 20% of Mongolia’s annual cashmere output, a country that supplies more than 30% of the global raw cashmere output. The company’s factory store is the largest cashmere store in Mongolia occupying an area of 1,150 sqm.
MNCCI hosts Gala dinner for CACCI Officers
Ulaanbaatar – On September 7, 2018, MNCCI organized and hosted a Gala Dinner for the CACCI delegates and Mongolian women entrepreneurs who participated in the Ulaanbaatar Partnership 2018 and the Women’s Entrepreneurship Day. The Dinner also served as an occasion for MNCCI to cite the previous years’ recipients of the CACCI Golden Award […]
Ulaanbaatar – On September 7, 2018, MNCCI organized and hosted a Gala Dinner for the CACCI delegates and Mongolian women entrepreneurs who participated in the Ulaanbaatar Partnership 2018 and the Women’s Entrepreneurship Day.
The Dinner also served as an occasion for MNCCI to cite the previous years’ recipients of the CACCI Golden Award presented annually to the Best Company of the Year Mongolia.
The evening affair also saw CACCI President Mr. Inaishsvili formally presenting the Certificate of Membership and the CACCI pin to the newly admitted Lifetime Special Members from Mongolia, namely: Mongol Basalt JSC and Bishrel Group.
CIECA Chairman Henry Kao hosts CACCI leaders
Lunch hosted by CIECA at the Sheraton Grand Hotel Taipei – On September 3, 2018, Henry Kao, Chairman of CIECA (Chinese International Economic Cooperation Association) arranged a lunch at the Sheraton Grand Hotel for the CACCI leaders visiting Taipei. Among the participants, there were two representatives from a Taiwanese logistics company who discussed possible business […]
Taipei – On September 3, 2018, Henry Kao, Chairman of CIECA (Chinese International Economic Cooperation Association) arranged a lunch at the Sheraton Grand Hotel for the CACCI leaders visiting Taipei. Among the participants, there were two representatives from a Taiwanese logistics company who discussed possible business collaboration with CACCI President Jemal Inaishvili, as well as a representative from a leading cosmetics and beauty product company in Taiwan, who explored possible areas of business cooperation with CACCI Vice President Samir Modi.
Tour of the National Concert Hall and the National Theater Hall
After lunch, Mr. Inaishvili and Mr. Modi visited the National Concert Hall and the National Theater Hall located within the Chiang Kai Shek Memorial Hall Complex. They were accompanied by CIECA Chairman Henry Kao, who is also a member of the Board of the group managing the two Halls, on a guided tour around the two theaters.
Dinner Hosted by CIECA Chairman Henry Kao
The day ended with a dinner hosted by CIECA Chairman Mr. Henry Kao at the World Trade Center Club. The invited guests included officers of the Bureau of Foreign Trade, Ministry of Economic Affairs led by Director General Ms. Jen-Ni Yang, who underscored the current efforts of Taiwan to further strengthen the country’s trade relations with other Asian countries, especially India; the representative of Anko Food Processing Machines to whom Mr. Modi expressed his interest to buy some of his machines for the commissary he is setting up for this convenience store operations; and other officers of CIECA and CACCI.
Taiwan will do everything possible to participate in 2nd round of CPTPP negotiation: President Tsai
President Tsai also said Taiwan will continue to uphold regional economic integration By Teng Pei-ju, Taiwan News, Staff Writer, 2018/09/04 15:48 Taipei (Taiwan News) – President Tsai Ing-wen (蔡英文) said Tuesday that Taiwan will continue efforts to promote regional economic integration and to participate in the trans-pacific agreement that was inked earlier this year by 11 countries. The […]
Taiwan will do everything possible to participate in 2nd round of CPTPP negotiation: President Tsai
President Tsai also said Taiwan will continue to uphold regional economic integration
By Teng Pei-ju, Taiwan News, Staff Writer, 2018/09/04 15:48
Taipei (Taiwan News) – President Tsai Ing-wen (蔡英文) said Tuesday that Taiwan will continue efforts to promote regional economic integration and to participate in the trans-pacific agreement that was inked earlier this year by 11 countries.
The president met with the delegation of the Confederation of Asia-Pacific Chambers of Commerce and Industry (CACCI), the largest trade and industry association in the Asia-Pacific region, including its president Jemal Inaishvili and vice president Samir Modi, on Tuesday at the Presidential Office.
Speaking of recent trade disputes and protectionist measures implemented in certain countries, which have brought about much uncertainty to the global market, including Asia, the president said Taiwan will continue to uphold a liberal trade policy and promote regional economic integration through taking part in bilateral or multilateral trade agreements.
“We will continue our efforts to participate in regional economic integration and initiatives, like the CPTPP (Comprehensive and Progressive Agreement for Trans-Pacific Partnership), and doing everything possible to participate in the second round of negotiation,” added President Tsai.
Tabbing the CACCI as a very important non-governmental partner, the president said the government looks forward to strengthening cooperation with the organization and hopes it can also help with the implementation of her administration’s New Southbound Policy in partner countries across South and Southeast Asia.
The president also encouraged the CACCI to continue fostering the growth and development of enterprises in the Asia-Pacific region, particularly those that operate in smaller scales or are run by women and young people.
The CACCI, founded in 1966, describes itself as a regional organization of business enterprises which covers 27 economies in Asia and the Western Pacific. The CACCI delegation is in Taiwan until Sept. 5, before heading to Mongolia for a business conference. On Monday, the delegation visited I-Mei’s factory in Taoyuan and was received by the company’s chairman Henry Kao (高志尚).
News report and photos courtesy of Taiwan News. View the original report at https://www.taiwannews.com.tw/en/news/3522096
Photo courtesy of the Office of the President of the Republic of China
Chamber of Commerce Northern Territory Deputy CEO visits CACCI Secretariat
Taipei – Mr. Brian O’Gallagher, Deputy Chief Executive Officer of the Chamber of Commerce Northern Territory, met with CACCI Director-General Mr. Ernest Lin and Deputy Director-General Mr. Amador Honrado on August 30, 2018 at the CACCI Secretariat office in Taipei. Mr. O’Gallagher briefed Mr. Lin and Mr. Honrado on the upcoming Regional Australia Asia Chambers […]
Chamber of Commerce Northern Territory Deputy CEO visits CACCI Secretariat
Taipei – Mr. Brian O’Gallagher, Deputy Chief Executive Officer of the Chamber of Commerce Northern Territory, met with CACCI Director-General Mr. Ernest Lin and Deputy Director-General Mr. Amador Honrado on August 30, 2018 at the CACCI Secretariat office in Taipei.
Mr. O’Gallagher briefed Mr. Lin and Mr. Honrado on the upcoming Regional Australia Asia Chambers Forum scheduled to be held on May 2-3, 2019 in Darwin, Australia. The two sides also exchanged ideas on how CACCI can help promote the Forum to its members, and how the Chamber of Commerce Northern Territory can use the CACCI platform – such as the upcoming 32nd CACCI Conference to be held on November 23-24, 2018 n Istanbul – to disseminate information on its activities and drum up participation of CACCI members.
Mr. O’Gallagher was in Taipei to attend the 32nd Joint Conference of the ROC-Australia and Australia-Taiwan Business Councils held on August 31, 2018 at the Formosa Regent Hotel in Taipei and hosted by the Chinese International Economic Cooperation Association (CIECA), CACCI Primary Member from Taiwan.
Key CACCI Officers call on ROC President
Taipei – CACCI President Mr. Jemal Inaishvili and CACCI Senior Vice President Mr. Samir Modi made courtesy calls on Her Excellency President Tsai Ing-Wen of the Republic of China (ROC) September 4, 2018. CACCI President Jemal Inaishvili shakes hand with ROC President Tsai. During their meeting, Mr. Inaishvili and Mr. Modi, re-introduced CACCI and its […]
Taipei – CACCI President Mr. Jemal Inaishvili and CACCI Senior Vice President Mr. Samir Modi made courtesy calls on Her Excellency President Tsai Ing-Wen of the Republic of China (ROC) September 4, 2018.
CACCI President Jemal Inaishvili shakes hand with ROC President Tsai.
During their meeting, Mr. Inaishvili and Mr. Modi, re-introduced CACCI and its activities to President Tsai, highlighting the important role played by Taiwan in the establishment and activities of the Confederation, including the hosting of its Permanent Secretariat in Taipei since 1981, the holding of several of its annual Conferences and Summit Meetings in the island, and the strong support it has received from the Taiwanese government and leading Taiwanese businessmen over the years. They also reiterated their appreciation to President Tsai for gracing the Opening Ceremony of the 30th CACCI Conference and 50th Anniversary celebration held in Taipei in 2016.
CACCI Senior VP Samir Modi and CACCI President Jemal Inaishvili listen to ROC President Tsai as she talks about the role of CACCI in promoting economic cooperation in the region.
The two CACCI officers also informed President Tsai of their scheduled visit to Mongolia on September 6-8 where they were to meet with the President and Prime Minister of the country, as well as to attend Ulaanbaatar Partnership, the largest trade exhibition of Mongolia.
They likewise informed the ROC leader about the upcoming 32nd CACCI Conference on November 23-24, 2018 in Istanbul, Turkey in which several businessmen and experts from Taiwan have been invited as speakers in the various Conference sessions.
For her part, President Tsai underscored the important role played by CACCI in promoting economic cooperation among countries in the region and between Taiwan and other CACCI member countries. She also recognized the critical role of CACCI, given the geographical scope of its membership, in the implementation of her administration’s Southbound Policy.
Members’ Suggestions Requested for CACCI 2018-2020 Work Program
Istanbul – CACCI members are requested to submit their suggestions on activities that CACCI should undertake in the next two years (2018-2020). These activities should benefit all members, further promote the growth and development of the Confederation, and help CACCI attain its primary objectives. All suggestions received from members will be integrated into the draft Work […]
Members’ Suggestions Requested for CACCI 2018-2020 Work Program
Istanbul – CACCI members are requested to submit their suggestions on activities that CACCI should undertake in the next two years (2018-2020). These activities should benefit all members, further promote the growth and development of the Confederation, and help CACCI attain its primary objectives.
All suggestions received from members will be integrated into the draft Work Program to be considered and finalized during the 90th CACCI Council Meeting to be held on the afternoon of November 24, 2018 in Istanbul, Turkey.
Kathmandu – The Investment Board of Nepal (BNI) is calling for Expressions of Interest (EoIs) for a “Detailed Feasibility Study of Metro Rail System in Kathmandu Valley (Dhulikhel-Nagdhunga)”.The details can be found in following link: https://ibn.gov.np/kathmandu-valley-metro-project-bank The IBN is a high-level government body chaired by the Rt. Hon’ble Prime Minister of Nepal and functions as a […]
Kathmandu – The Investment Board of Nepal (BNI) is calling for Expressions of Interest (EoIs) for a “Detailed Feasibility Study of Metro Rail System in Kathmandu Valley (Dhulikhel-Nagdhunga)”.The details can be found in following link: https://ibn.gov.np/kathmandu-valley-metro-project-bank
The IBN is a high-level government body chaired by the Rt. Hon’ble Prime Minister of Nepal and functions as a central fast-track government agency to facilitate economic development in Nepal by creating an investment-friendly environment, mobilizing and managing domestic as well as foreign investments.
It also serves as a one window facility for domestic and foreign investors pursuing large scale projects with fixed capital of more than USD 100 million. It selects proposals for investment, facilitates investment, coordinate between various ministries, and monitors the progress of approved projects.
ICC Invites CACCI Members to IP Week @ SG
Singapore – Members of the Confederation of Asia-Pacific Chambers of Commerce and Industry (CACCI) are being invited by the International Chamber of Commerce (ICC) to the 7th edition of IP Week @ SG that will take place on 4-5 September in Singapore in partnership with the ICC. Themed “Ideas to Assets – Connecting markets through […]
Singapore – Members of the Confederation of Asia-Pacific Chambers of Commerce and Industry (CACCI) are being invited by the International Chamber of Commerce (ICC) to the 7th edition of IP Week @ SG that will take place on 4-5 September in Singapore in partnership with the ICC.
Themed “Ideas to Assets – Connecting markets through IP”, IP Week @ SG 2018 features theworld’s foremost IP thought leaders, legal experts and innovative companies, to share insights on IP commercialisation and winning strategies for business growth. The event expects over 3,000 attendees from more than 40 countries and will bring together the innovation community to celebrate, network and collaborate. The whole program is available online.
Several events will also be organised around IP Week @ SG, including the IP Market Place, a free platform to connect with exhibitors, IP experts and fellow participants over coffee and consult IP experts on IP commercialisation, protection, valuation and government support.
Among the activities of the IP Market place, Connections @ IP Market Place, a business-meets-service provider platform at IP Week at SG 2018, will offer complimentary consultation sessions with IP experts. If you want to attend this event and secure slots with experts of your choice, you may contact Ms. Daphne Yong-d’herve at dye@iccwbo.org.
Singapore at night
Investment Board Nepal calls for EoI for Feasibility Studies on three projects
Kathmandu – The Invesment Board Nepal (IBN) is Calling for Expression of Interest for Feasibility Studies of the following three projects: (a) Glass Industry; (b) Shey-Phoksundo Luxury Resort; and (c) Ski Resort in Manang. More details of these projects and other opportunities visit: http://ibn.gov.np. The IBN is a high-level government body chaired by the Rt. […]
Investment Board Nepal calls for EoI for Feasibility Studies on three projects
Kathmandu – The Invesment Board Nepal (IBN) is Calling for Expression of Interest for Feasibility Studies of the following three projects: (a) Glass Industry; (b) Shey-Phoksundo Luxury Resort; and (c) Ski Resort in Manang.
More details of these projects and other opportunities visit: http://ibn.gov.np.
The IBN is a high-level government body chaired by the Rt. Hon’ble Prime Minister of Nepal and functions as a central fast-track government agency to facilitate economic development in Nepal by creating an investment-friendly environment, mobilizing and managing domestic as well as foreign investments.
It also serves as a one window facility for domestic and foreign investors pursuing large scale projects with fixed capital of more than USD 100 million. It selects proposals for investment, facilitates investment, coordinate between various ministries, and monitors the progress of approved projects.
CACCI soliciting project proposals for CACCI Foundation support
Taipei – The Confederation of Asia-Pacific Chambers of Commerce and Industry (CACCI) is inviting its Primary Members and Affiliate Members to submit formal proposals on projects that they wish to be financed by the CACCI Foundation. The CACCI Foundation was established in 2006 to help Primary and Affiliate Members implement projects aimed at promoting entrepreneurship […]
CACCI soliciting project proposals for CACCI Foundation support
Taipei – The Confederation of Asia-Pacific Chambers of Commerce and Industry (CACCI) is inviting its Primary Members and Affiliate Members to submit formal proposals on projects that they wish to be financed by the CACCI Foundation.
The CACCI Foundation was established in 2006 to help Primary and Affiliate Members implement projects aimed at promoting entrepreneurship and the development of small and medium enterprises. The ultimate objective is to assist chambers in Asian developing countries region to become sustained contributors to the economic development of the private sector.
CACCI therefore calls on its Primary and Affiliate Members to submit formal proposals on projects – either ongoing or still to be implemented – that encourage entrepreneurship and promote the growth and development of SMEs, thereby helping achieve the objective of the CACCI Foundation.
For additional information, please contact the CACCI Secretariat at cacci@cacci.biz
TOBB issues 32nd CACCI Conference Brochure
Istanbul – The Union of Chambers and Commodity Exchanges of Turkey (TOBB) has issued the brochure of the 32nd CACCI Conference scheduled to take place on November 23-24, 2018 at the Ciragan Palace Kempinski in Istanbul, Turkey. It contains relevant information about this year’s gathering aimed at further raising CACCI members’ interest to join the […]
Istanbul – The Union of Chambers and Commodity Exchanges of Turkey (TOBB) has issued the brochure of the 32nd CACCI Conference scheduled to take place on November 23-24, 2018 at the Ciragan Palace Kempinski in Istanbul, Turkey. It contains relevant information about this year’s gathering aimed at further raising CACCI members’ interest to join the Conference.
Hosted by the Union of Chambers of Commerce and Commodity Exchanges of Turkey (TOBB), the umbrella organization of the business community of Turkey representing 1.5 million member companies, our Istanbul Conference will be organized under the patronage of H.E. Recep Tayyip Erdogan, President of Turkey.
The Conference theme is “Asia: Expanding Boundaries” and is designed to provide another valuable platform for CACCI members and invited experts to exchange views on measures that the business sector and governments in the region can undertake to address the challenges faced by businesses in the current market environment, as well as to take full advantage of the opportunities offered not just by markets in the Asia-Pacific region but by countries in other parts of the world.
Speakers from government, the private sector, and the academe will share their valuable perspectives on the following Session topics: (a) The Changing Role of Chambers in Promoting Business; (b) Innovation and Digitization: Implications for Business; (c) Regional Integration and Connectivity for Sustainable Development; and (d) A New World Economic Order: What It Means for Asia.
CACCI Lifetime Special Member Visits Singapore Business Federation
Singapore – Mr. Salauddin Yousuf, Director of Lub-rref Bangladesh Limited and Lifetime Special Member of CACCI (right), visited the Singapore Business Federation (SBF) on June 13, 2018 and met with SBF officers Mr. Alan Tan, Director, South Asia and Americas, Europe, Middle East and Africa, Global Business Division, and Mr. Mark Yeo, Assistant Manager, Middle […]
CACCI Lifetime Special Member Visits Singapore Business Federation
Singapore – Mr. Salauddin Yousuf, Director of Lub-rref Bangladesh Limited and Lifetime Special Member of CACCI (right), visited the Singapore Business Federation (SBF) on June 13, 2018 and met with SBF officers Mr. Alan Tan, Director, South Asia and Americas, Europe, Middle East and Africa, Global Business Division, and Mr. Mark Yeo, Assistant Manager, Middle East, Africa & South Asia, Global Business Division (left). During his visit, Mr. Yousuf informed Mr. Tan and Mr. Teo about the recent and upcoming activities of CACCI.
Latest FICCI Financial Insights Focuses on MSME Lending
New Dehli – The Financial Sector team of the Federation of Indian Chambers of Commerce and Industry (FICCI) has issued the latest edition of its quarterly ounlication – Financial Insights. The issue focuses on “The Evolving Contours of MSME Lending in India”, which presents insightful write-ups contributed by industry leaders and experts in this domain. […]
Latest FICCI Financial Insights Focuses on MSME Lending
New Dehli – The Financial Sector team of the Federation of Indian Chambers of Commerce and Industry (FICCI) has issued the latest edition of its quarterly ounlication – Financial Insights. The issue focuses on “The Evolving Contours of MSME Lending in India”, which presents insightful write-ups contributed by industry leaders and experts in this domain.
Micro, Small and Medium Enterprises (MSMEs) are a major engine of growth and employment generation in the country. However, with over 50 million MSMEs in the country we have only 4.5 million unique borrowers from the formal industry. Traditionally public sector banks have been the lenders for formal credit to MSMEs. Private sector banks and NBFCs have been steadily increasing the share in MSMEs financing. However, lately non-traditional (or alternate) lenders have also entered the MSME lending space. These non-traditional lenders are using data and digital processes to transform the lending space. They work with new-economy partners, use non-traditional data sources and have developed new credit rating algorithms enabling smoother straight-through digital processes for loan approvals.
The policy interventions such as demonetization and introduction of GST have led to massive formalization of the businesses of MSMEs. This is generating enormous financial information database of MSMEs’ businesses and finances. It is expected that this big data base will be
useful for improving financing of MSMEs’ capital requirement, including working capital. Further, the proposed on boarding of public sector banks and corporates on Trade Electronic Receivable Discounting System (TReDS) platform and linkage with GSTN would also be beneficial for MSME financing.
This issue of Financial Foresights has attempted to outline reforms for strengthening the MSME lending structure leading to growth of the MSME credit.
CACCI Vice President Rifat Hisarciklioglu Re-Elected TOBB President
Ankara – Mr. Rifat Hisarciklioglu was recently re-elected President of The Union of Chambers and Commodity Exchanges of Turkey (TOBB). Mr. Hisarciklioglu, who is concurrently Vice President of the Confederation of Asia-Pacific Chambers of Commerce and Industry (CACCI), became TOBB President for the next four years, after having been re-elected unanimously during the 74th General […]
CACCI Vice President Rifat Hisarciklioglu Re-Elected TOBB President
Ankara – Mr. Rifat Hisarciklioglu was recently re-elected President of The Union of Chambers and Commodity Exchanges of Turkey (TOBB).
Mr. Hisarciklioglu, who is concurrently Vice President of the Confederation of Asia-Pacific Chambers of Commerce and Industry (CACCI), became TOBB President for the next four years, after having been re-elected unanimously during the 74th General Assembly held at TOBB Economics and Technology University. Elected TOBB President for the first time on June 16th, 2001, Mr. Hisarciklioglu will perform this task for the fifth time.
In his congratulatory letter to the newly re-elected TOBB President, CACCI President Mr. Jemal Inaishvili said: “Given your long and extensive business experience, your exemplary achievements in various fields, your wide network of friends and associates in the business communities not only in the Asia-Pacific region but globally as well, and your strong and unwavering commitment to the chamber movement, you are certainly in the best position to once again lead TOBB towards its goal of promoting the interest of its members and fostering the growth and development of your country’s economy. I am sure you will continue to build on your past accomplishments at the helm of TOBB and bring the organization to an even higher level of influence.”
Russian Chamber invites CACCI member to “International Business Days” in Khabrovsk, Russia
Khabrovsk – The Chamber of Commerce and Industry of the Russian Federation (CCIRF) is inviting CACCI members to attend the “International Business Days” to be held on June 10 – 12, 2018 in Khabarovsk City, Russia. Launched for the first time, the three-day event will feature the International Expo and the Trade Fair “Choose Region […]
Russian Chamber invites CACCI member to “International Business Days” in Khabrovsk, Russia
Khabrovsk – The Chamber of Commerce and Industry of the Russian Federation (CCIRF) is inviting CACCI members to attend the “International Business Days” to be held on June 10 – 12, 2018 in Khabarovsk City, Russia.
Launched for the first time, the three-day event will feature the International Expo and the Trade Fair “Choose Region 27” where participants will get a unique chance to get information about trade, economic and investment potential of Khabarovsk region, conduct B2B meetings and have a culinary tour through the specialties of international cuisines.
In addition, companies and producers from Khabarovsk region, as well as government authorities and business representatives from all over Russia and foreign countries, will participate in the event.
For further information and queries, interested parties may wish to contact the Ministry of International and Interregional Cooperation of Khabarovsk region:
CIS-BCCI signs E-Commerce Trade Agreement with 50 Countries
Dhaka – The Commonwealth of Independent States-Bangladesh Chamber of Commerce & Industry (CIS-BCCI) has signed e-commerce trade agreement with 50 countries, a press release of the business body said. The release said CIS-BCCI and the global business platform ‘Qoovee’ had a meeting on the prospect of establishing business relations of Bangladeshi businessmen in CIS countries […]
CIS-BCCI signs E-Commerce Trade Agreement with 50 Countries
Dhaka – The Commonwealth of Independent States-Bangladesh Chamber of Commerce & Industry (CIS-BCCI) has signed e-commerce trade agreement with 50 countries, a press release of the business body said.
The release said CIS-BCCI and the global business platform ‘Qoovee’ had a meeting on the prospect of establishing business relations of Bangladeshi businessmen in CIS countries at CIS-BCCI Chamber in Dhaka on May 9, 2018. An agreement was signed after the meeting.
Qoovee.com is a global online business platform where the wholesale products or service suppliers and buyers meet to trade. It is one of the top 10 B2B platforms in the CIS region that has more than 15,00,000 visitors per month.
It was decided at the meeting that CIS-BCCI will be co-organiser of global online expo organised by Qoovee which will be held from 2 April to 9 July 2019.
The meeting also decided that Qoovee online platform will be used by CIS-BCCI members involving buyers and suppliers and Qoovee will act as a guarantee regarding assurance of buyer’s-seller’s payment. It also decided that CIS-BCCI will be Qoovee’s valid representative in Bangladesh.
The cooperation agreement was signed by CIS-BCCI president Habib Ullah Dawn and Qoovee founding president Turat Bulembayev.
Canada Bangladesh Chamber of Commerce holds Canada Showcase 2018
Dhaka – The Canada Bangladesh Chamber of Commerce recently organized the Canada Showcase 2018 at the International Conference Center in Dhaka. It was attended by many Canadian companies which are operating in Bangladesh and also by some Bangladesh companies doing business with Canada. The chief guest of the event was the Commerce Minister of Bangladesh […]
Canada Bangladesh Chamber of Commerce holds Canada Showcase 2018
Dhaka – The Canada Bangladesh Chamber of Commerce recently organized the Canada Showcase 2018 at the International Conference Center in Dhaka. It was attended by many Canadian companies which are operating in Bangladesh and also by some Bangladesh companies doing business with Canada.
The chief guest of the event was the Commerce Minister of Bangladesh Mr Tofael Ahmed and main guest was high commissioner of Bangladesh Mr Benoit.
The Canada Bangladesh Chamber of Commerce acts as a catalyst to make Bangladesh as Asia’s leading destination for sourcing and investment for Canada.
CACCI Lifetime Special Member joins Bangladesh Delegation to the Commonwealth Summit 2018
London – Mr. Salauddin Yousuf (leftmost), Director of Lub-rref (Bangladesh) Limited – a Lifetime Special Member of CACCI – was part of the delegation from Bangladesh that attended this year’s Commonwealth Heads of Government Meetings and Commonwealth Summit held on April 16-20, 2018 in London and Windsor, United Kingdom. Mr. Yousuf joined his country’s delegation […]
CACCI Lifetime Special Member joins Bangladesh Delegation to the Commonwealth Summit 2018
London – Mr. Salauddin Yousuf (leftmost), Director of Lub-rref (Bangladesh) Limited – a Lifetime Special Member of CACCI – was part of the delegation from Bangladesh that attended this year’s Commonwealth Heads of Government Meetings and Commonwealth Summit held on April 16-20, 2018 in London and Windsor, United Kingdom.
Mr. Yousuf joined his country’s delegation headed by Honorable Prime Minister of Bangladesh Sheikh Hasina (3rd from right), along with over 5,000 other participants from parliament, government, business and civil society. The theme of the Summit was “Towards our Common Future”, which is linked to the theme for Commonwealth Day 2018.
CACCI delegation visits Vientiane Saysettha Development Zone
Vientiane – A CACCI delegation led by CACCI Senior Vice President Mr. Samir Modi and CACCI Vice President Mr. Pradeep Kumar Shrestha on April 25 visited the Vientiane Saysettha Development Zone, located in a suburban district 17 kilometers northeast of Vientiane. During the visit, the delegation learned that the Zone covers an area of 11 […]
CACCI delegation visits Vientiane Saysettha Development Zone
Vientiane – A CACCI delegation led by CACCI Senior Vice President Mr. Samir Modi and CACCI Vice President Mr. Pradeep Kumar Shrestha on April 25 visited the Vientiane Saysettha Development Zone, located in a suburban district 17 kilometers northeast of Vientiane.
During the visit, the delegation learned that the Zone covers an area of 11 square kilometers and is designed to be a model of industrial zones in the country. They were further informed that the Zone was jointly developed by China’s Yunnan Provincial Overseas Investment Co., Ltd. and the Vientiane Municipal Government, that it had attracted nearly 40 companies in 2017 from around Asia, and that is expected to have more than 200 companies in operation upon its completion in 2030.
According to the Zone’s officers who received the delegation, the Zone follows the development model of an integrated industrial park and new city. The city will serve as the foundation for the industrial space and will help develop the industrial economy, while industry will play the vital supporting role, driving urban renewal and improving support services.
CACCI members visit Phnom Penh Special Economic Zone
Phnom Penh – Members of the CACCI delegation that joined the Presidential visit to Cambodia visited the Phnom Penh Special Economic Zone on April 20, 2018, which is located within the proximity of the country’s capital city. Led by CACCI Vice President Mr. Peter McMullin and CACCI Vice President Mr. Pradeep Kumar Shrestha, the visitors […]
CACCI members visit Phnom Penh Special Economic Zone
Phnom Penh – Members of the CACCI delegation that joined the Presidential visit to Cambodia visited the Phnom Penh Special Economic Zone on April 20, 2018, which is located within the proximity of the country’s capital city. Led by CACCI Vice President Mr. Peter McMullin and CACCI Vice President Mr. Pradeep Kumar Shrestha, the visitors were met by Mr. James Chang, Marketing Manager.
Mr. Chang briefed the delegation on the activities and operations of the PPSEZ. The visitors learned that the PPSEZ: (a) is one out of eleven operating SEZs (from a total of thirty-four approved SEZs) in Cambodia; (b) retains the highest number of zone investors among all approved SEZs in Cambodia; (c) is one of the largest in Cambodia with a land size of approximately 357.32 hectares; (d) has more than 80 international companies from 15 different nations invested in the zone.
Following his presentation, Mr. Chang accompanied the delegation on a tour and ocular inspection of the PPEZ, and pointed out the various companies established in the zone and the nature of their operations.
VCCI hosts International Contract of Sale & Short Term Trade Finance Workshop in Ho Chi Minh City
Ho Chi Minh – The Vietnam Chamber of Commerce and Industry (VCCI) hosted a workshop on International Contract of Sale and Short Term Trade Finance in Ho Chi Minh City on April 19-20, 2018. Organized in cooperation with the Confederation of Asia-Pacific Chambers of Commerce and Industry (CACCI), the two-day workshop was conducted by Mr. […]
VCCI hosts International Contract of Sale & Short Term Trade Finance Workshop in Ho Chi Minh City
Ho Chi Minh – The Vietnam Chamber of Commerce and Industry (VCCI) hosted a workshop on International Contract of Sale and Short Term Trade Finance in Ho Chi Minh City on April 19-20, 2018.
Organized in cooperation with the Confederation of Asia-Pacific Chambers of Commerce and Industry (CACCI), the two-day workshop was conducted by Mr. Pavel Andrl, an international trade finance specialist and senior tutor with the electronic Business School Intermational. The seminar was on ICC Rules and Practices with special focus on current developments in international trade and finance world.
CACCI holds International Contract of Sale & Short Term Trade Finance Workshop in Hanoi
Hanoi – The Confederation of Asia-Pacific Chambers of Commerce and Industry (CACCI) organized, in cooperation with the Vietnam Chamber of Commerce and Industry (VCCI), a two-day workshop on International Contract of Sale and Short Term Trade Finance in Hanoi on April 17-18, 2018. The workshop was conducted by Mr. Pavel Andrl, an international trade finance […]
CACCI holds International Contract of Sale & Short Term Trade Finance Workshop in Hanoi
Hanoi – The Confederation of Asia-Pacific Chambers of Commerce and Industry (CACCI) organized, in cooperation with the Vietnam Chamber of Commerce and Industry (VCCI), a two-day workshop on International Contract of Sale and Short Term Trade Finance in Hanoi on April 17-18, 2018.
The workshop was conducted by Mr. Pavel Andrl, an international trade finance specialist and senior tutor with the electronic Business School Intermational. The seminar was on ICC Rules and Practices with special focus on current developments in international trade and finance world.
CIECA Organizes the 2018 ICC-CIECA Business Forum in Taipei
Taipei – The Chinese International Economic Association (CIECA), CACCI Primary Member in Taiwan, organized the ICC-CIECA Business Forum on April 16, 2018 in Taipei, that featured Mr. Philip Kucharski, Chief Operating Officer of the International Chamber of Commerce (ICC), as Keynote Speaker. Mr. Kucharski made a presentation on the ICC – its mission and its activities […]
CIECA Organizes the 2018 ICC-CIECA Business Forum in Taipei
Taipei – The Chinese International Economic Association (CIECA), CACCI Primary Member in Taiwan, organized the ICC-CIECA Business Forum on April 16, 2018 in Taipei, that featured Mr. Philip Kucharski, Chief Operating Officer of the International Chamber of Commerce (ICC), as Keynote Speaker.
Mr. Kucharski made a presentation on the ICC – its mission and its activities aimed at expanding international trade, representing business, and promoting peace and prosperity. He informed the 30 participants who joined the Forum that the ICC was founded in 1919 by a handful of entrepreneurs who wanted to form an organization “that would represent business everywhere and bring economic prosperity around the world” . Today, the 13 ICC commissions comprising experts from the private sector cover specialized fields of immediate concern to international business. Subjects range from banking techniques to taxation, from competition law to intellectual property rights, telecommunications and information technology, from transport, environment and energy to international investment and trade policy.
Mr. Kucharski identified areas where ICC would like to work more closely with the ICC national committees and other chambers of commerce in the Asian region – particularly those in Taiwan – to help achieve its objectives.
Mr. Walter H. C. Chang, Vice Chairman of CIECA and ICC Taipei, gave the Welcome Remarks, while Ms. Mei-Hua Wang, Vice Minister of Economic Affairs, delivered the Special Remarks.
CACCI Vice President Amb. Feng Chi-Tai Meets with ICC Chief Operating Officer Philip Kucharski
Taipei – Amb. Feng Chi-Tai, Vice President of the Confederation of Asia-Pacific Chambers of Commerce and Industry (CACCI), received Mr. Philip Kucharski, Chief Operating Officer of the International Chamber of Commerce (ICC), during the latter’s visit to Taipei on April 16-17. Amb. Feng and Mr.Kucharski exchanged views on the current conditions in the global economy, […]
CACCI Vice President Amb. Feng Chi-Tai Meets with ICC Chief Operating Officer Philip Kucharski
Taipei – Amb. Feng Chi-Tai, Vice President of the Confederation of Asia-Pacific Chambers of Commerce and Industry (CACCI), received Mr. Philip Kucharski, Chief Operating Officer of the International Chamber of Commerce (ICC), during the latter’s visit to Taipei on April 16-17.
Amb. Feng and Mr.Kucharski exchanged views on the current conditions in the global economy, the growing protectionism among some of the major economies, the challenges and opportunities they offer, how these would impact on the Asian business community.
They also explored possible areas of cooperation between CACCI and ICC that would be beneficial to their respective members, and bring the two organizations closer together in pursuing their common objective of promoting the interests of the business community.
Mr. Kucharski was accompanied by Mrs. Ju-Song Lee, Executive Director of ICC Asia, while Amb. Feng was joined by CACCI Director-General Mr. Ernest Lin, Deputy Directors-General Mr. Amador Honrado Jr, and Mr. Mig Moreno.
CACCI Vice President Mrs. Magvan Oyunchimeg serves as panelist at the Belt and Road Trade and Investment Forum in Beijing
Beijing – CACCI President Mrs. Magvan Oyunchimeg, CEO of Mongolian National Chamber of Commerce and Industry (MNCCI), was invited as a Panelist at the “Belt and Road Trade and Investment Forum” held on April 12, 2018 in Beijing. The two-day Forum was Organized by the China Council for the Promotion of International Trade (CCPIT), China […]
CACCI Vice President Mrs. Magvan Oyunchimeg serves as panelist at the Belt and Road Trade and Investment Forum in Beijing
Beijing – CACCI President Mrs. Magvan Oyunchimeg, CEO of Mongolian National Chamber of Commerce and Industry (MNCCI), was invited as a Panelist at the “Belt and Road Trade and Investment Forum” held on April 12, 2018 in Beijing.
The two-day Forum was Organized by the China Council for the Promotion of International Trade (CCPIT), China Chamber of International Commerce (CCOIC), and the ICC World Chambers Federation (ICC WCF), and supported by the Silk Road Business Council.
Mrs. Oyunchimeg was a Panelist in the session on “Prospects for B&R Industrial Investment.” The session discussed a number of issues including plans for B&R industrial investment, financing for B&R projects, construction of connectivity, and innovation of investment models, among others.
Focusing on the theme “Unleashing Potential for Shared Future,” the Forum aimed to introduce and disseminate the Belt and Road concept, strengthen the dialogue between government and business, enhance connectivity between China and foreign countries, and build consensus of cooperation.
CACCI members join visit to Alibaba Group Headquarters in Beijing
Beijing – Members of the Confederation of Asia-Pacific Chambers of Commerce and Industry (CACCI), including CACCI Deputy Director-General Mr. Amador Honrado Jr., joined officers and members of the ICC World Chambers Federation (ICC-WCF) during the visit to the headquarters of the Alibaba Group in Beijing, China on April 12, 2018.The visit was made following the […]
CACCI members join visit to Alibaba Group Headquarters in Beijing
Beijing – Members of the Confederation of Asia-Pacific Chambers of Commerce and Industry (CACCI), including CACCI Deputy Director-General Mr. Amador Honrado Jr., joined officers and members of the ICC World Chambers Federation (ICC-WCF) during the visit to the headquarters of the Alibaba Group in Beijing, China on April 12, 2018.The visit was made following the April 11 meeting of the ICC-WCF General Council, of which CACCI is a permanent member.
Key representatives of the Alibaba Group received the visiting delegation during the dinner hosted by the Group at its Beijing office. The visitors listened to a presentation on the ongoing and future activities of the Alibaba Group in China as well as in other major countries around the world.
CACCI invited to support Singapore International Energy Week (SIEW)
Singapore – The Confederation of Asia-Pacific Chambers of Commerce and Industry (CACCI) has been invited to be a supporting organization of the Singapore International Energy Week (SIEW) to be held on October 29 – November 2, 2018 at Marina Bay Sands in Singapore. SIEW is an annual platform for energy professionals, policymakers and commentators to […]
CACCI invited to support Singapore International Energy Week (SIEW)
Singapore – The Confederation of Asia-Pacific Chambers of Commerce and Industry (CACCI) has been invited to be a supporting organization of the Singapore International Energy Week (SIEW) to be held on October 29 – November 2, 2018 at Marina Bay Sands in Singapore.
SIEW is an annual platform for energy professionals, policymakers and commentators to discuss and share best practices and solutions within the global energy space. SIEW aims to facilitate the exchange of ideas and discussions on pertinent energy-related issues, while simultaneously meeting the strategic objectives of Singapore’s commitment to becoming a global leader among energy companies converging on the event, as well as to provide a platform to showcase innovative products and solutions in the energy marketplace.
Singapore skyline at night
CACCI Conference in Istanbul themed “Asia: Expanding Boundaries”
Istanbul – The 32nd CACCI Conference scheduled to take place on November 23-24, 2018 at the Ciragan Palace Kempinski in Istanbul, Turkey will carry the theme “Asia: Expanding Boundaries”. To be hosted by Union of Chambers and Commodity Exchanges of Turkey (TOBB), the two-day event aims to provide another valuable platform for CACCI members and […]
CACCI Conference in Istanbul themed “Asia: Expanding Boundaries”
Istanbul – The 32nd CACCI Conference scheduled to take place on November 23-24, 2018 at the Ciragan Palace Kempinski in Istanbul, Turkey will carry the theme “Asia: Expanding Boundaries”.
To be hosted by Union of Chambers and Commodity Exchanges of Turkey (TOBB), the two-day event aims to provide another valuable platform for CACCI members and invited experts to exchange views on measures that the business sector and governments in the region can undertake to take full advantage of the opportunities offered not just by markets in the Asia-Pacific region but by countries in other parts of the world as well.
With this year’s gathering expected to bring together over 400 business leaders from at least 25 countries in the Asia-Pacific region, CACCI and TOBB hope that discussions will not only be of commercial interest to the participants, but will also be useful to the Confederation in its efforts to help shape policies that affect the Asia-Pacific region’s development. As follows we present the tentative program as of August 3, 2018.
November 23-24, 2018, Ciragan Palace Kempinski, Istanbul, Turkey
23 November 2018 – Friday
08:00am – 17:00am Registration
09:00am – 12:00pm Final Selection of Winners
(1) The 7rd Asia – Pacific Young Entrepreneur Award (Venue: Yikdiz C)
(2) The 8th Local Chamber Awards (Venue: Kaftan room)
09:00am – 12:15pm Parallel Breakout Sessions These parallel breakout sessions focusing on three sectors each will feature sectoral roundtable discussions and concurrent sessions that will gather government and private sector leaders for dialogue and panel discussion and information sharing on important sectoral issues, as well as to explore possible areas of cooperation among CACCI members within the same sector.
09:00am – 10:00am Group One
a. CACCI Women Entrepreneurs Council (Venue: Mabeyn Room) Session Chairman: Mrs. Mukta Nandini Jain, Former President, FICCI Ladies Organization; Chairperson, CWEC
Speakers/Panelists:
(1) Mrs. Selima Ahmad, President, Bangladesh Women Chamber of Commerce and Industry
(2) Ms. Pacita Juan, Immediate Past Chairperson, ASEAN Women Entrepreneurs Network and Immediate Past Chairperson, Women’s Business Council Philippines
(3) Ms. Blesila Lantayona, Assistant Secretary, Department of Trade and Industry, Philippines
(4) Mine Ayhan, CEO, Generali Insurance (tbc)
b. Asian ICT Council (Venue: Yildiz AB) Session Chairman: Dr. G. J. Huang, Fellow, Information Industry Institute; Chairman, Asian ICT Council
Speakers/Panelists:
(1) Mr. Martin Frick, Managing Director, Asia Pacific Temenos
(2) Mr. James Chiao, Chairman and CEO, Smart City Consulting Co.
(3) Fevzi Güngör, Vice Chairman, The Union of Chambers and Commodity Exchanges of Turkey (TOBB E-Commerce Council (tbc)
c. Asian Council on Health and Education (Venue: Enderun Ballroom) Session Chairmen: Dr. Arash Anissian, Chairman, Asian Council on Health and Education; Researcher, Opthalmic Research Center, Shaheed Beheshti Medical University
Speakers/Panelists:
(1) Mrs. Priti Chakraborty, Chairman, Universal Medical College & Hospital Ltd., Director, FBCCI
(2) Banu Küçükel, Deputy Chairwoman of the Board, Güven Hospital Inc. (tbc)
10:00am – 11:00am Group Two
a. Young Entrepreneurs Group Asia-Pacific (Venue: Mabeyn Room) Session Chairman: Mr. Mangesh Lal Shrestha, Member of the Advisory and Leadership Group and Former President, Nepalese Young Entrepreneurs Forum
Speakers/Panelists:
(1) Mr. Rommel Sim Gerodias, President & CEO, Sauber Professionals
(2) Mr. Roman Nikolaevic Bobylev, Founder and Head, Lozaholding (To be confirmed)
(3) Mr. Md. Muntakim Ashraf, Vice President, Federation of Bangladesh CCIs
(4) Civan Sözkesen, President, Denizli Young Entrepreneurs Council (tbc)
b. Asian Council on Tourism (Venue: Yildiz AB) Session Chairman: Mr. Anura Lokuhetty, Chairman, Asian Council on Tourism and Chairman, Red Apple Travels and Holidays Lanka Pvt. Ltd.
Speakers/Panelists:
(1) Mr Thanongsinh Kanlagan, Executive Vice President, Lao National Chamber of Commerce and Industry
(2) Mr. Chandi Raj Dhakal, Vice President (Nepal Chapter), SAARC CCI
(3) Mr. Stuart Kenny, Senior Vice President, Chamber of Commerce Northern Territory
(4) Mr. Surenbaatar Nergui, Director, Business Development Division, New Juulchin World Tours Corp.
(5) Ms. Marloes Knippenberg, CEO Kerten Hospitality
(6) Osman Ayık, President of Tourism Sector Council of the Union of Chambers and Commodity Exchanges of Turkey(TOBB) (tbc)
c. Asian Council on Trade Facilitation (Venue: Enderun Ballroom) Session Chairman: Mr. R. B. Rauniar, Chairman, Asian Council on Trade Facilitation and Managing Director, Interstate Multi-Modal Transport Pvt. Ltd.
Speakers/Panelists:
(1) Mr. Bryan Clark, Director, Trade and International Affairs, Australian CCI
(2) Mr. Kok Keong Chong, Assistant CEO, Crimson Logic; and CEO, Global eTrade Services)
(3) Aslı Gözütok, Manager of TIR and ATA Carnets Department of the Union of Chambers and Commodity Exchanges of Turkey (TOBB) (tbc)
(4) Dr. Esfandyar Omidbakshs, Director General for Multilateral Trade Relations Dept., Iran Chamber of Commerce, Industries, Mines and Agriculture
(5) Mr. A. K. M. Shaheed Reza, Director, Federation of Bangladesh CCIs
(6) Mr. Manesh Singhal, Deputy Secretary General, International Affairs Division, Federation of Indian CCIs
11:00am – 11:15am Coffee Break (Conference Center Foyer Area)
11:15am – 12:15pm Group Three
a. SME Development Council (Venue: Mabeyn Room) Session Chairman: Mr. George Abraham, Chairman SME Development Council and Chairman/Managing Director of GA Group
Speakers/Panelists:
(1) Mr. Chandula Abeywickrema, Chairman, Lanka Impact Investing Network, and Chairman, CSR Lanka
(2) Mrs. Dhara Wijayatilake, CEO, Ceylon Chamber of Commerce
(3) Cahit Ceren, Manager of SME Research and Consultancy Center of the Union of Chambers and Commodity Exchanges of Turkey (TOBB) (tbc)
(4) Mr. Amzad Hussain, Director, Federation of Bangladesh CCIs
(5) Mr. Boldkhet Sereeter, Founder and Chairman, Naran Group
b. Asian Council on Food and Agriculture (Venue: Yildiz AB) Session Chairman: Mr. Henry Kao, Chairman, I-Mei Foods Co. Ltd.; Member of APEC Business Advisory Council; Chairman of CIECA
Speakers/Panelists:
(1) Dr. Kuo-Ching Lin , Director, Food & Fertilizer Technology Center for the Asian and Pacific Region
(2) Dr. Ali Shariati, Board Member, Confederation of Iranian Food Industry Associations
(4) Mr. Abdus Salam, President, Bangladesh Organic Products Manufacturers Association
(5) Necdet Buzbaş, Chairman of the Board, Turkısh Food&Beverage Industry Employers Assocıatıon (TÜGİŞ)(tbc)
c. Asian Council on Water, Energy and Environment (Venue: Enderun Ballroom) Session Chairman: Mr. Gyanendra Lal Pradhan, Executive Chairman, Hydro Solutions Pvt. Ltd., and Chairman, Asian Council on Water, Energy and Environment
Speakers/Panelists:
(1) Mr. Syed Mazhar Ali Nasir, Senior Vice President, Federation of Pakistan Chambers of Commerce and Industry
(2) Mr. Taif Bin Yousuf, Executive Director, Meghna Group of Industries (Tbc)
(3) Bengisu Özenç, Program Director, The Economic Policy Research Policy Foundation of Turkey (TEPAV) (tbc)
12:15pm – 01:15pm Lunch (Venue: Conference Center Foyer Area)
01:30pm – 04:00pmFinal Selection of Winner for the 2nd Asia-Pacific Women Entrepreneur Award (Venue: Yildiz C)
02:00pm – 03:00pmPolicy Advocacy Working Group Meeting (Venue: Enderun Ballroom) This session will review and finalize a paper focusing on a policy or policies of current interest to CACCI members and to the region’s business community as a whole, and for submission – along with their recommendations – to regional or multilateral organizations and to relevant government authorities for consideration and possible input into their policy-making endeavours.
Meeting Chairman: Mr. Bryan Clark, Director, Trade and International Affairs, Australian CCI
03:00pm – 05:00pmDiscover Business Opportunities Through CACCI (Mabeyn Ballroom) This session will feature the following: (a) country presentations by selected member chambers on current economic conditions in their respective countries and opportunities for trade and investments, or on special programs, projects, products or services that have benefited their members or the community they serve and may be adapted by chambers from other countries; and (b) invited CEOs of companies or successful entrepreneurs from various CACCI member countries who will share their success stories; the challenges they faced and how they overcame them; and/or their innovative business models.
Session Chairman: Mrs. Magvan Oyunchimeg, CEO, Mongolian National Chamber of Commerce and Industry and Vice President, CACCI.
(1) Wellington Chamber of Commerce – Presenter: Mr. John Milford, Chief Executive
(2) Lao National Chamber of Commerce and Industry – Presenter: Mr Thanongsinh Kanlagna, Executive Vice President
(3) Chamber of Commerce Northern Territory – Presenter: Mr. Brian O’Gallagher, Deputy Chief Executive Officer
(4) Chamber of Commerce and Industry of Primorsky Region – Presenter: To be advised
(5) Representative of the Presidential Investment Office (tbc)
02:30pm – 04:00pmAdvisory Board Meeting (Open only to Advisory Board members) (Venue: Kaftan Room)
04:00pm – 05:00pmBudget Commission Meeting (Open only to Budget Commission members) (Venue: Kaftan Room)
05:00pm – 05:15pmCoffee Break (Conference Center Foyer Area)
05:15pm – 06:45pm 89th CACCI Council Meeting (Venue: Enderun Ballroom)
The 32nd CACCI Conference (Ciragan Ballroom)
“Asia: Expanding boundaries”
24 November 2018 – Saturday
The Conference will identify measures that the business sector and governments in the region can undertake to address the challenges being faced by the global economy and take full advantage of the current opportunities offered not just by markets in the Asia-Pacific region but by countries in other parts of the world as well, thereby enabling them to grow and expand beyond the domestic borders and into the global market.
Invited speakers will discuss how chambers and businessmen in the region can work closely together in defining a new role for the Asian business community in achieving a sustainable economic development, grasping common opportunities outside the usual geographical and technological boundaries, and managing shared risks and problems amid a rapidly changing world market, while playing a substantial, constructive and catalytic role in global economic growth.
10:00am – 11:00amOpening Ceremony
(1) Welcome Statement: Mr. Rifat Hisarciklioglu, President, The Union of Chambers and Commodity Exchanges of Turkey (TOBB)
(2) Welcome Remarks: Mr. Jemal Inaishvili, President of the Confederation of Asia-Pacific Chambers of Commerce and Industry (CACCI)
(3) Special Address: High-Level Government Official of Turkey
(4) Keynote Speaker: Mr. Yi Xiaozhun, Deputy Director-General, World Trade Organization
(5) Presentation of Plaques of Appreciation to the High-Level Government Official and to the Keynote Speaker/s
11:00am – 11:15am Coffee Break (Venue: Conference Center Foyer Area)
11:15am – 12:15pmPlenary Session 1: The Changing Role of Chambers in Promoting Business (Ciragan Ballroom) This session will feature speakers who will share their views on how SMEs can be assisted by chambers in their internationalization efforts and in becoming a part of Global Value Chains (GVCs). Within the scope of authentication issue and providing data, chambers have a critical role to expedite the process. They can cooperate on cross border regulatory policy needs and; therefore, facilitate cross border trade.
Session Chairman: Pradeep Kumar Shrestha, Managing Director, Panchakanya Group and Vice President, CACCI
Speakers/Panelists:
(1) Dr. Martin Wansleben – Chief Executive of DIHK
(2) George Abraham – Managing Director, The GA Group Pte. Ltd.
(3) Arnaldo Abruzzini – Chief Executive Officer, Eurochambres
(4) Philip Kucharski, Former Chief Operating Officer of the International Chamber of Commerce
(5) Li Zhonghang, Vice President and Secretary General, Silk Road Chamber of International Commerce
12:15pm – 01:15pmPlenary Session 2: Innovation and Digitalization: Implications for Business (Ciragan Ballroom) This session will examine how new technological revolution has directly transformed our lives and trade mechanisms. It should be realized that distributed ledger technologies have forced Asian developing countries to move from cross border trade to fin-tech solutions. According to GVCs formation, service sector value added in manufacture industries should also be considered with Artificial Intelligence (AI).
Session Chairman: Samir Modi, Senior Vice President, CACCI and Executive Director, K. K. Modi Group
Speakers/Panelists:
(1) Ozan Acar – Head of Sectors and Entrepreneurship Department of the Union of Chambers and Commodity Exchanges of Turkey
(2) James Chiao – Chairman and CEO, Smart City Consulting Co.
(3) Mitsutoshi Oriyama – Director for Trade in Service, Multilateral Trade System Department, Ministry of Economy, Trade and Industry
(Topic: The new possibility of digital economy for economic development and looming digital protectionism)
(4) Ma. Alegria Sibal-Limjoco – President, Philippine Chamber of Commerce and Industry
01:15pm – 02:30pmLunch (Exhibition Hall or Ciragan Ballroom)
03:00pm – 04:00pmPlenary Session 3: Regional Integration and Connectivity for Sustainable Development (Ciragan Ballroom) Invited speakers will elaborate on their perspectives as to why traditional shipping connectivity is not enough for Asian integration/transformation. Among others, they will explain how the One Belt, One Road Initiative is expected to bring in new transportation corridors and regulatory harmonization needs, why the latter is important for diversification of the Asian economies, and how at that point chambers could have a role to play to increase connectivity between Asian countries and the world.
Session Chairman: Mr. Peter McMullin, Vice President, CACCI and Board Member, ICC Australia
Speakers/Panelists:
(1) Suraj Vaidya – Former President, FNCCI and President, Vaidya Organization of Industries and Trading Houses (VOITH)
(2) Manjeet Kripalani – Executive Director, Gateway House, Indian Council on Global Relations
(3) Ruwan Edirisinghe – SAARC CCI President and Chairman/Managing Director of RN Group of Companies
04:00pm – 05:00pmPlenary Session 4: A New World Economic Order: What It Means for Asia (Ciragan Ballroom) This session will feature panelists who, in light of the rising protectionism among major economies which is seen to threaten the developing world, will examine and share their views on how to define new aspects of the new world economic order, and how opportunities and threats of this new era of populist backlash should be identified and addressed.
Session Chairman: Güven Sak – Managing and Area Studies Program Director of the Economic Policy Research Foundation of Turkey (TEPAV).
Speakers/Panelists:
(1) Claude Smadja – Founder and President of Smadja & Smadja Strategic Advisory Inc.
(2) Bozkurt Aran – Director, Economic Policy Research Foundation of Turkey (TEPAV), Former Turkish Ambassador to the WTO
(3) Bryan Clark – Director, Trade and International Affairs, Australian CCI
(4) Tetsuhide Mikamo – Advisor, Marubeni Research Institute
(5) Dr. Pedram Soltani, First Vice President of Iran Chamber of Commerce, Industries, Mines & Agriculture
05:00pm – 05:15pmCoffee Break (Conference Center Foyer Area)
05:15pm – 06:30pm90th CACCI Council Meeting (Venue: Enderun Ballroom)
06:30pm Cocktail
08:00pmGala Dinner (Venue: Ciragan Ballroom)
(1) Formal Turnover Ceremony for Incoming CACCI President
(2) Announcement of CACCI Awards Winners
(3) Video Presentation by 2019 CACCI Conference Host
November 25, 2018, Sunday Optional Post-Conference Tour
Optional Post-Conference Tour/Departure of delegates
CACCI calls for members’ inputs to the 2018-2020 CACCI Work Program
Istanbul – One of the main agendas of the upcoming 32nd CACCI Conference scheduled to take place on November 23-24, 2018 in Istanbul, Turkey is the formulation of a draft Framework for the 2018-2020 CACCI Work Program to be implemented by the new CACCI officers to be elected during the Istanbul Conference. In this connection, […]
CACCI calls for members’ inputs to the 2018-2020 CACCI Work Program
Istanbul – One of the main agendas of the upcoming 32nd CACCI Conference scheduled to take place on November 23-24, 2018 in Istanbul, Turkey is the formulation of a draft Framework for the 2018-2020 CACCI Work Program to be implemented by the new CACCI officers to be elected during the Istanbul Conference.
In this connection, CACCI is requesting all current CACCI officers and members for their suggestions on activities CACCI should undertake in the next two years. As much as possible, these activities should benefit all members, further promote the growth and development of the Confederation, and help CACCI attain its primary objectives.
Suggestions may be sent to the Secretairat throughcacci@cacci.biz, preferably before September 15, 2018. All responses will be integrated into the draft Work Program to be considered and finalized during the 90th CACCI Council Meeting to be held on the afternoon of November 24, 2018.
CACCI invites nominations for Hydropower & Clean Energy Excellence Award
Taipei – CACCI invitation Chambers to submit nominations for the 3rd CACCI Asia-Pacific Hydropower and Clean Energy Excellence Award. We are attaching reference documents for the Award nomination and selection mechanics. Initiated by the CACCI Asian Council on Water, Energy and Environment (ACWEE) which is under the chairmanship of the Federation of Nepalese Chambers of […]
CACCI invites nominations for Hydropower & Clean Energy Excellence Award
Taipei – CACCI invitation Chambers to submit nominations for the 3rd CACCI Asia-Pacific Hydropower and Clean Energy Excellence Award. We are attaching reference documents for the Award nomination and selection mechanics.
Initiated by the CACCI Asian Council on Water, Energy and Environment (ACWEE) which is under the chairmanship of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI), the Asia-Pacific Hydropower and Clean Energy Excellence Award is presented by CACCI in recognition of the person or institution that has contributed significantly to the sustainable promotion, support and development of hydropower and clean energy in the Asia Pacific region.
The nominees could be individuals (entrepreneurs, subject specialists/experts, researchers, academicians, advocates/activists, independent power producers, inventors, media personnel, bankers, authors) or institutions (private organization, public corporation/agency, financial institution, research institution, civil society organization or media agency) in the energy industry. This award is an encouragement to recognize their efforts and to honor them for encouraging further endeavors.
The winner of the 3rd Asia-Pacific Hydropower and Clean Energy Excellence Award will be announced during the Gala Dinner of the 32nd CACCI Conference to be held on November 24, 2018 in Istanbul.
CACCI members invited to Ulaanbaatar Trade Fair
Ulaanbaatar – Ulaanbaatar Partnertship, Annual International Trade Fair is the largest trade fair in Ulaanbaatar, Mongolia with the great variety of exhibits and the most onsite deals. An annual 5-day session from Sep 7 to 10 Ulaanbaatar, Trade Fair of UBP is co-organized in collaboration with the Mayor Administration of Ulaanbaatar city and MNCCI. The […]
Ulaanbaatar – Ulaanbaatar Partnertship, Annual International Trade Fair is the largest trade fair in Ulaanbaatar, Mongolia with the great variety of exhibits and the most onsite deals. An annual 5-day session from Sep 7 to 10 Ulaanbaatar, Trade Fair of UBP is co-organized in collaboration with the Mayor Administration of Ulaanbaatar city and MNCCI.
The purpose of the trade fair is to present commodity products and services of domestic and foreign enterprise promoting its business between interested parties.
The Ulaanbaatar Partnership – 2017, International Trade Fair was held at Misheel Expo Center, from September 7 to 10, 2017, with over 110 standard booths at the exhibition area of 2750 square metre exhibited 100 enterprises’ products of Food, Textile, Light Industry, Arts and other industries. Overseas exhibitors from many countries such as Republic of Poland, Russian Federation, Democratic People’s Republic of Korea, Taiwan 12,000 visitors and customers. The exhibition was focusing on international standards of import brands and demonstrated innovative solutions of technology.
During the Ulaanbaatar Partnership Trade Fair we organize various business meetings like B2B, consultation etc. Meanwhile, UBP facilitates their business talks concerning transactions, investment and various kinds of cooperation. We are kindly inviting visitors and exhibitors from all over the world.
Exhibit profile
Light Industry: Leather, Cashmere, Camel and Yak wool, Felt, Gift, Jewelry& Accessories, Pharmaceutical& Medical equipment, Health care product, Beauty product, Household goods& Appliance, Book, Building materials, Printing, Publishing and all commodity product
Food& Beverage: Bakery, Milk& Dairy product, Meat product, Fresh vegetable& fruit, Natural honey, all types of beverage, Confectionary, Imported food
CACCI Secretariat attends seminar on Indonesian Economy, Tourism and Labor
Taipei – At the invitation of Indonesian Economic and Trade Office to Taipei (IETO), CACCI Secretariat executives joined the “Indonesian Economic, Tourism And Labor Seminar” held on March 23, 2018 at the Taipei World Trade Center. Consisting of the Seminar in the morning session and Business Matching in the afternoon, the one-day event aimed […]
CACCI Secretariat attends seminar on Indonesian Economy, Tourism and Labor
Taipei – At the invitation of Indonesian Economic and Trade Office to Taipei (IETO), CACCI Secretariat executives joined the “Indonesian Economic, Tourism And Labor Seminar” held on March 23, 2018 at the Taipei World Trade Center.
Consisting of the Seminar in the morning session and Business Matching in the afternoon, the one-day event aimed to give participants an opportunity to maintain contact directly with potential partner from Indonesia and provide more comprehensive information regarding business opportunities and related policies in Indonesia.
Following the Opening Remarks by Mr. Robert J Bintaryo, Representative of IETO, Mr. Y. C. Tsai, Negotiator from Taiwan’s Office of Trade Negotiations, delivered a Keynote Speech on Taiwan’s “New Southbound Policy” where he highlighted the rapid increase in the trade and investment ties between the two sides. The Seminar also featured two Panel Discussions which focused on Indonesia’s foreign trade and labor policies, as well as investment experience sharing, respectively.
The Seminar was part of the “Indonesia Week 2018” held in Taipei starting on March 22, 2018. The four-day event was the largest held in Taipei in recent years with the participation of more than 80 Indonesian companies visiting Taipei to seek business opportunities.
CACCI and VCCI to co-organize workshops on International Trade and Short-Term Trade Finance
Hanoi – The Confederation of Asia-Pacific Chambers of Commerce and Industry (CACCI) and the Vietnam Chamber of Commerce and Industry (VCCI) are co-organizing two-day workshops on International Trade and Short-Term Trade Finance in Vietnam. The first workshop will be held in Hanoi on April 17-18 and the second workshop in Ho Chi Minh City on […]
CACCI and VCCI to co-organize workshops on International Trade and Short-Term Trade Finance
Hanoi – The Confederation of Asia-Pacific Chambers of Commerce and Industry (CACCI) and the Vietnam Chamber of Commerce and Industry (VCCI) are co-organizing two-day workshops on International Trade and Short-Term Trade Finance in Vietnam. The first workshop will be held in Hanoi on April 17-18 and the second workshop in Ho Chi Minh City on April 19-20.
Day One of the workshop will, among others, focus on the current revision of Incoterms. The facilitator will explain the logic behind the proposals and the discussion around them. The participants are expected to learn about the main current issues with Incoterms 2010, the ideas for improvements, and the likely outcome: what the main changes in the Incoterms 2020 would be like.
Day Two will focus on short-term trade finance – documentary credits, financing, factoring, supply chain finance best practices.Participants are expected to gain a solid knowledge of how to use dodumentary credits in a day-to-day operational practice. It will be of benefit to exporters and importers as well as professionals working in banks’ trade finance and risk management departments. It is also of interest to transport companies and other third party service providers who support exporters and importers in international trade.
The seminar will be delivered by Mr. Pavel Andrl who is active and well established international trade finance specialist and senior tutor with the electronic Business School International.
UNCTAD issues latest Investment Policy Monitor
Geneva – Tne United Nations Conference on Trade and Development (UNCTAD) has released the latest issue of its Investment Policy Monitor. In the Report, UNCTAD notes that twenty two countries took 32 investment policy measures in the review period (November 2017 – February 2018). The share of investment restrictions and regulations increased to 29 percent. Compared […]
Geneva – Tne United Nations Conference on Trade and Development (UNCTAD) has released the latest issue of its Investment Policy Monitor. In the Report, UNCTAD notes that twenty two countries took 32 investment policy measures in the review period (November 2017 – February 2018). The share of investment restrictions and regulations increased to 29 percent.
Compared to the annual figures in recent years, this records the highest ratio since 2010. Newly adopted restrictive investment policies include a tightening of investment screening procedures, measures to protect national security and the disapproval of some foreign takeovers. Other restrictions relate to local content requirements and preferences for local suppliers in public procurement procedures.
At the same time, some countries improved entry conditions for foreign investment. Among the most noteworthy measures are liberalization steps in a couple of industries, the simplification of administrative procedures and new privatization. The reporting period also saw a significant corporate tax reform in one country.
Regarding international investment treaties, the Monitor finds that two bilateral investment treaties and six treaties with investment provisions were signed, bringing the total number of international investment agreements (IIAs) to over 3320.
In line with UNCTAD’s Roadmap for IIA Reform, all new IIAs contain several reform features, giving particular attention to the preservation of the right to regulate by clarifying key protection standards and refining investor-State dispute provisions. Countries are also starting to move towards the second phase of IIA reform, modernizing the existing stock of old-generation treaties.
Several negotiations for mega-regional agreements continue. Depending on how future mega-regional treaties will interact with overlapping pre-existing ones, this can help modernize today’s stock of old-generation treaties. Multilateral discussions tackled the reform of investment dispute settlement and number of countries are working towards structural discussions in the WTO, aimed at developing a multilateral framework on investment facilitation.
FICCI issues latest edition of Financial Foresights
New Delhi – The Financial Sector team of the Federation of Indian Chambers of Commerce and Industry has released the latest edition of FICCI’s quarterly publication – Financial Foresights. The issue focuses on ‘The Insolvency and Bankruptcy Code’ and presents insightful write-ups contributed by industry leaders and experts in this domain. The passage of the […]
FICCI issues latest edition of Financial Foresights
New Delhi – The Financial Sector team of the Federation of Indian Chambers of Commerce and Industry has released the latest edition of FICCI’s quarterly publication – Financial Foresights. The issue focuses on ‘The Insolvency and Bankruptcy Code’ and presents insightful write-ups contributed by industry leaders and experts in this domain.
The passage of the Code is a landmark step forward from the earlier regime when there was no organised resolution process and different stakeholders approached different forums to resolve the issue. Now there is a unified law with the help of which this problem can be addressed in a systemic and in a time bound manner. Although the law is still in its nascent stage, one can say that the Code is a game changer and a paradigm shift in the laws relating to Insolvency. The pro-activity in implementation of the Insolvency and Bankruptcy Code sends a clear message that resolving NPA issue is a priority for the Government.
While the Code will have several positive impacts in the years to come, it is also essential that shortcomings are corrected so that there are no impediments to its implementation. This kind of a facilitative regime will not only improve business sentiment, but will improve the ease of doing business in the country.
This issue of Financial Foresights has attempted to outline reforms for strengthening the bankruptcy framework leading to a successful implementation of the Code.
6th SAARC Business Leaders Conclave in Kathmandu, March 16-18
Kathmandu – The SAARC Business Leaders’ Conclave 2018 was held in Kathmandu on March 16-18, 2018 with an objective to promote investment, innovation and entrepreneurship in the region by unleashing shared prosperity through economic integration. The event drew business leaders of the SAARC member nations, high-level leaders and government officials, among other stakeholders, to identify […]
6th SAARC Business Leaders Conclave in Kathmandu, March 16-18
Kathmandu – The SAARC Business Leaders’ Conclave 2018 was held in Kathmandu on March 16-18, 2018 with an objective to promote investment, innovation and entrepreneurship in the region by unleashing shared prosperity through economic integration.
The event drew business leaders of the SAARC member nations, high-level leaders and government officials, among other stakeholders, to identify the challenges facing the businesses in the region and the mitigating measures.
Inaugurating the three-day event, Prime Minister KP Sharma Oli said that South Asian countries have been facing common challenges in terms of development and that it is, thus, a high time for all the governments of the region to work together and mitigate developmental, business and economic challenges.
“South Asia is blessed with resources. However, many of resources in the region have remained untapped,” PM Oli said, adding that Nepal is keen to work together with all the governments of South Asia to make optimum use of available resources and make the region the most prosperous one.
Suraj Vaidya, president of SAARC Chamber of Commerce (SAARC-CCI) – the organiser of the event – said the business conclave primarily intends to unleash the untapped potential that South Asia has.
Informing that though almost 21% of the world’s population reside in South Asia and more than half of the population in the region are active working population, Vaidya stressed on the need for collaborative efforts between the governments and private sector in the region to work for economic integration and prosperity.
ICC Invites CACCI Members to the 3rd SDG Business Forum
New York – CACCI members are invited to attend the 3rd SDG Business Forum Led by the International Chamber of Commerce (ICC) that will take place at the UN Headquarters in New York on July 17, 2018.The Forum is being held during the Ministerial segment of the UN’s High-Level Political Forum, the annual review of […]
ICC Invites CACCI Members to the 3rd SDG Business Forum
New York – CACCI members are invited to attend the 3rd SDG Business Forum Led by the International Chamber of Commerce (ICC) that will take place at the UN Headquarters in New York on July 17, 2018.The Forum is being held during the Ministerial segment of the UN’s High-Level Political Forum, the annual review of implementation of the Sustainable development Goals (SDG).
Considered one of the key private sector events in the UN calendar, the Business Forum provides a unique multi-stakeholder platform to support business action and partnerships to achieve UN SDGs – fostering public-private dialogues, catalyzing new partnerships and alliances, and exploring innovative business solutions to accelerate sustainable development.
CACCI Members Invited to the International Business and Human Rights Conference in Paris
Paris – The International Chamber of Commerce (ICC) is encouraging members to participate in the next International Business and Human Rights Conference, organised by the IOE, MEDEF and Sodexo, taking place on 18th April 2018 in Paris. This business-only conference is aimed at representatives of companies, business and employers’ federations, corporate law firms and industry associations. […]
CACCI Members Invited to the International Business and Human Rights Conference in Paris
Paris – The International Chamber of Commerce (ICC) is encouraging members to participate in the next International Business and Human Rights Conference, organised by the IOE, MEDEF and Sodexo, taking place on 18th April 2018 in Paris.
This business-only conference is aimed at representatives of companies, business and employers’ federations, corporate law firms and industry associations. It will provide participants with a safe space to share experiences, learn about new trends and developments, network, and help shape the business and human rights agenda.
This conference will discuss pressing and practical issues, including:(a) How to carry out effective human rights due diligence; (b) How companies can best identify and address problems in supply chains; (c) Successful approaches to stakeholder engagement; (d) Access to remedy: examples of an NCP case and a company operational-level grievance mechanism; (e) Companies’ contribution to the Sustainable Development Goals; and (f) Government policy-making on business and human rights.
Interested parties may register before Friday 6 April by writing to humanrights@ioe-emp.com.
There is no fee to attend the conference. However, participants are expected to cover their own travel and accommodation expenses.
32nd CACCI Conference to be held on November 23-24 in Ciragan Palace Kempinski Hotel in Istanbul
Istanbul – As decided by the CACCI Planning Committee during its meeting on February 5 in Istanbul, the 32nd CACCI Conference will be held on November 23-24, 2018 at the Ciragan Palace Kempinski. To be hosted by the Union of Chambers and Commodity Exchanges of Turkey (TOBB), the two-day event aims to provide another valuable […]
32nd CACCI Conference to be held on November 23-24 in Ciragan Palace Kempinski Hotel in Istanbul
Istanbul – As decided by the CACCI Planning Committee during its meeting on February 5 in Istanbul, the 32nd CACCI Conference will be held on November 23-24, 2018 at the Ciragan Palace Kempinski.
To be hosted by the Union of Chambers and Commodity Exchanges of Turkey (TOBB), the two-day event aims to provide another valuable platform for CACCI members and invited experts to exchange views on measures that the business sector and governments in the region can undertake to take full advantage of the opportunities offered not just by markets in the Asia-Pacific region but by countries in other parts of the world as well.
With this year’s gathering expected to bring together over 400 business leaders from at least 25 countries in the Asia-Pacific region, CACCI and TOBB hope that discussions will not only be of commercial interest to the participants, but will also be useful to the Confederation in its efforts to help shape policies that affect the Asia-Pacific region’s development.
CACCI and TOBB Jointly Hold a Successful CACCI Planning Committee Meeting
Istanbul – A highly productive and successful Planning Committee Meeting was recently held jointly by the Confederation of Asia-Pacific Chambers of Commerce and Industry (CACCI) and the Union of Chambers and Commodity Exchanges of Turkey (TOBB) on February 5, 2018 at the TOBB Headquarters in Istanbul. Chaired by CACCI President Mr. Jemal Inaishvili and co-chaired […]
CACCI and TOBB Jointly Hold a Successful CACCI Planning Committee Meeting
Istanbul – A highly productive and successful Planning Committee Meeting was recently held jointly by the Confederation of Asia-Pacific Chambers of Commerce and Industry (CACCI) and the Union of Chambers and Commodity Exchanges of Turkey (TOBB) on February 5, 2018 at the TOBB Headquarters in Istanbul.
Chaired by CACCI President Mr. Jemal Inaishvili and co-chaired by TOBB President Mr. Rifat Hisarciklioglu, the meeting was attended by 31 representatives of 9 CACCI Primary Members from 9 countries, as well as representatives from TEPAV, the think-tank of TOBB.
Discussions focused mainly on preparations for the 32nd CACCI Conference to be held in November 2018 in Istanbul, as well as on the recent and upcoming activities of CACCI in the year ahead.
Some 15 representatives from the Turkish media were also present at the Opening of the meeting. They asked questions addressed to the CACCI and TOBB Presidents, as well as to other CACCI officers including CACCI Senior Vice president Mr. Samir Modi from India.
This is the Ciragan Palace Kempinski Hotel where the November 23-24, 2018 CACCI Conference will be held.
IFFA to hold International forum of grains, oilseeds and related products
Tehran – The Iranian Federation of Food Associations (IFFA), with the support of Iran Agricultural Ministry and Iran/Tehran Chamber of Commerce, will hold “International forum of grains, oilseeds and related products” on May 7-8, 2018 in Tehran IRIB International Conference Center. The two-day forum focuses on the market developments. It offers an excellent environment for discussions […]
IFFA to hold International forum of grains, oilseeds and related products
Tehran – The Iranian Federation of Food Associations (IFFA), with the support of Iran Agricultural Ministry and Iran/Tehran Chamber of Commerce, will hold “International forum of grains, oilseeds and related products” on May 7-8, 2018 in Tehran IRIB International Conference Center.
The two-day forum focuses on the market developments. It offers an excellent environment for discussions of trends in agricultural market, supports development of business strategies in a rapidly changing world, and provides great opportunities to contact producers and buyers of grains and oilseeds.
The target participants include agricultural holdings, suppliers of raw materials, heads of private sector, traders of grains and oilseeds, representatives of governing bodies and authorities, financial institutions, potential creditors of projects, heads of domestic and foreign enterprises and suppliers of equipment and technologies, international and national experts and others. More than 700 representatives are expected to participate in the event.
CACCI Invited to ASEAN-BAC’s 11th Joint Consulting Meeting with ASEAN+1 Business Councils and Associations
Singapore – The Confederation of Asia-Pacific Chambers of Commerce and Industry (CACCI) attended, as an Observer, the 11th Joint Consulting Meeting of the ASEAN Business Advisory Council (ASEAN-BAC) with ASEAN +1 Business Councils and Associations held on January 17, 2018. Held at the Supply Chain City, a 6.5-hectare logistics facility located in Jurong West, Singapore, […]
CACCI Invited to ASEAN-BAC’s 11th Joint Consulting Meeting with ASEAN+1 Business Councils and Associations
Singapore – The Confederation of Asia-Pacific Chambers of Commerce and Industry (CACCI) attended, as an Observer, the 11th Joint Consulting Meeting of the ASEAN Business Advisory Council (ASEAN-BAC) with ASEAN +1 Business Councils and Associations held on January 17, 2018.
Held at the Supply Chain City, a 6.5-hectare logistics facility located in Jurong West, Singapore, the meeting was attended by ASEAN-BAC members, Joint Business Council Members, and representatives of the ASEAN + 1 Business Councils and Associations. It was the second time CACCI was invited as an Observer to a Joint Consulting Meeting regularly organized by the ASEAN BAC with ASEAN Business Councils and Associations from various Dialogue Partners of ASEAN. CACCI attended the 9th Joint Consultation Meeting held in January 2017 in Manila.
Representing CACCI at both meetings was Deputy Director-General Mr. Amador Honrado Jr. The ASEAN BAC was formed following decision of the ASEAN Leaders at the 7th ASEAN Summit and launched in April 2003, with the mandate to provide private sector feedback and guidance to boost ASEAN’s efforts towards economic integration.
CEO-Preneurship Summit Scheduled On 20 February 2018 in Istanbul
Istanbul – On February 20, 2018, the CEO-Preneurship Summit of the WBAF World Congress 2018 will host the CEOs of more than 100 corporates from 80 countries. For the first time ever, the World Business Angels Investment Forum (WBAF) will be hosting more than 1,000 delegates from all over the world at its annual […]
CEO-Preneurship Summit Scheduled On 20 February 2018 in Istanbul
Istanbul – On February 20, 2018, the CEO-Preneurship Summit of the WBAF World Congress 2018 will host the CEOs of more than 100 corporates from 80 countries.
For the first time ever, the World Business Angels Investment Forum (WBAF) will be hosting more than 1,000 delegates from all over the world at its annual gathering. WBAF World Congress 2018, the biggest annual gathering of the world’s early-stage equity and investment markets, will have five important summits running concurrently on 18 – 20 February 2018 at the Swissotel The Bosphorus Istanbul.
This year’s forum will focus on the theme ‘Unlocking the Potential for Innovation: Angel Investors Partnering with Family Offices and Wealth Management Institutions from Start-up to Scale-up to Exit to Boost More Innovation’’.
The discussions will explore how family offices and wealth management institutions can foster open innovation and deliver more business value through partnerships with angel investors, start-ups, scale-ups, high-growth businesses and SMEs.
The WBAF Annual Conference 2018 (for angel investors.)
The Take Invest Summit 2018 (for start-ups and scale-ups.)
The FinTech Summit 2018 (for finance executives.)
The Impact Investment Summit 2018 (for impact investors.)
The CEO-Preneurship Summit 2018 (for CEOs of global companies valued at $100+ million.)
The WBAF is committed to collaborate globally to empower the economic development of the world by fostering innovative financial instruments for SMEs, innovators and startups.
Alegria Sibal-Limjoco Takes the Reins of PCCI
Manila – Mrs. Alegria Sibal-Limjoco has been elected President of the Philippine Chamber of Commerce and Industry (PCCI) effective January 1, 2018. Mrs. Sibal-Limjoco is only the second woman to hold the position. Coming from a life of helping small retail stores branch into franchises, Mrs. Sibal-Limjoco said she would focus her two-year term as PCCI […]
Manila – Mrs. Alegria Sibal-Limjoco has been elected President of the Philippine Chamber of Commerce and Industry (PCCI) effective January 1, 2018. Mrs. Sibal-Limjoco is only the second woman to hold the position.
Coming from a life of helping small retail stores branch into franchises, Mrs. Sibal-Limjoco said she would focus her two-year term as PCCI president on helping out the small players in the business community.She also said she wanted to continue the work done by her predecessors, the most recent being Mr. George Barcelon.
But on top of the chamber’s past projects, the new PCCI President wants to focus on MSME development, and even help K-12 students find better internship opportunities with PCCI member-companies.
Mrs. Sibal-Limjoco, who was a member of the PCCI board of directors for years, is taking the helm of the organization at a time when the business landscape in the Philippines is expected to change dramatically. All of these changes — from new taxes to more foreign companies jostling with small Filipino firms — await her in the year ahead and she is expected to be more than ready to meet the challenges.
Sri Lanka – Russia Business Council holds 14th Annual General Meeting
Colombo – The 14th Annual General Meeting (AGM) of the Sri Lanka – Russia Business Council (SLRBC) of the Ceylon Chamber of Commerce was held recently, electing Priyantha Hapuarachchi as President for 2017/2018 who is the Chief Financial Officer at South Asia Textile Industries Lanka (Pvt) Ltd. Buddhapriya Ramanayake, Director, Mos Lanka Investments (Pvt) Ltd […]
Sri Lanka – Russia Business Council holds 14th Annual General Meeting
Colombo – The 14th Annual General Meeting (AGM) of the Sri Lanka – Russia Business Council (SLRBC) of the Ceylon Chamber of Commerce was held recently, electing Priyantha Hapuarachchi as President for 2017/2018 who is the Chief Financial Officer at South Asia Textile Industries Lanka (Pvt) Ltd. Buddhapriya Ramanayake, Director, Mos Lanka Investments (Pvt) Ltd and Buddhika Liyanage, Director, Avian Technology (Pvt) Ltd were elected as Vice Presidents.
His Excellency Yuri Materiy, the Ambassador of Russia to Sri Lanka, graced the meeting as a Chief Guest while the Ambassador of Sri Lanka to Russian Federation H. E. Dr. Saman Weerasinghe was the Guest of Honor at the AGM.
Nine other Companies were selected to serve in the Executive Committee of the Council. Access International Projects (Pvt) Ltd, Freight Links International Pvt Ltd, Galle Face Hotel Management Company, HVA Lanka Exports Pvt Ltd, Imperial Teas (Pvt) Ltd, Maharaja Organisation projects (pvt) Ltd, Nature’s Beauty Creations Limited, Regency Teas (Pvt) Ltd and Rhino Roofing Products Limited are the companies selected.
ASEAN Investment Report 2017 Launched
Manila – ASEAN Investment Report 2017 was launched at the ASEAN Business and Investment Summit held in Manila on November 13, 2017. The Report was prepared under a technical cooperation agreement between the ASEAN Secretariat and the UNCTAD Division on Investment and Enterprise. Copies of the Report have been forwarded to all CACCI members. The 2017 […]
Manila – ASEAN Investment Report 2017 was launched at the ASEAN Business and Investment Summit held in Manila on November 13, 2017.
The Report was prepared under a technical cooperation agreement between the ASEAN Secretariat and the UNCTAD Division on Investment and Enterprise. Copies of the Report have been forwarded to all CACCI members.
The 2017 Report can be downloaded HERE. Other past editions covering different topics, may be accessed at UNCTAD’s or ASEAN Secretariat’s websites (www.unctad.org or www.asean.org)
CACCI Delegation Meets with Nepal’s Commerce Secretary
Kathmandu – CACCI President Mr. Jemal Inaishvili, along with 30 members of his delegation from six CACCI member-countries, met with Commerce Secretary Chandra Kumar Ghimire of Republic of Nepal on November 21, 2017 during the CACCI Presidential visit. The visitors shared information and exchanged views with Secretary Ghimire on trade and investment opportunities in Nepal, industry […]
CACCI Delegation Meets with Nepal’s Commerce Secretary
Kathmandu – CACCI President Mr. Jemal Inaishvili, along with 30 members of his delegation from six CACCI member-countries, met with Commerce Secretary Chandra Kumar Ghimire of Republic of Nepal on November 21, 2017 during the CACCI Presidential visit.
The visitors shared information and exchanged views with Secretary Ghimire on trade and investment opportunities in Nepal, industry sectors that would be of interest to foreign investors particularly those from Asian countries, and other matters of common interest.
CACCI Delegation Visits Bhaktapur CCI
Bhaktapur – A 20-member delegation consisting of businessmen from six CACCI member countries visited the Bhaktapur Chamber of Commerce and Industry (BCCI) on November 23 as part of the program of the three-day CACCI Presidential visit to Nepal. The CACCI visitors led by President Jemal Inaishvili met with the officers and members of BCCI and exchanged […]
Bhaktapur – A 20-member delegation consisting of businessmen from six CACCI member countries visited the Bhaktapur Chamber of Commerce and Industry (BCCI) on November 23 as part of the program of the three-day CACCI Presidential visit to Nepal.
The CACCI visitors led by President Jemal Inaishvili met with the officers and members of BCCI and exchanged views on possible areas of cooperation between the two organizations. The meeting was followed by a tour of the ancient temples in Bhaktapur and lunch hosted by BCCI within the complex.
FNCCI Officers and Members Receive CACCI Delegation in Kathmandu
Kathmandu – Officers and members of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI) led by FNCCI President Mrs. Bhawani Rana welcomed the 30-member CACCI delegation from six countries led by CACCI President Mr. Jemal Inaishvili. The meeting took place at the FNCCI headquarters in Kathmandu. The two sides discussed matters of interest to […]
FNCCI Officers and Members Receive CACCI Delegation in Kathmandu
Kathmandu – Officers and members of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI) led by FNCCI President Mrs. Bhawani Rana welcomed the 30-member CACCI delegation from six countries led by CACCI President Mr. Jemal Inaishvili. The meeting took place at the FNCCI headquarters in Kathmandu.
The two sides discussed matters of interest to the two organizations, including membership in CACCI, areas of possible cooperation such as training programs, trade exhibitions, participation in each other’s Conferences and workshops, and publication exchange, among others.
FNCCI & Kowloon Chamber Sign MOU in Kathmandu
Kathmandu – The Federation of Nepalese Chambers of Commerce and Industry (FNCCI) and the Kowloon Chamber of Commerce (KCC) recently signed a Memorandum of Understanding (MOU) outlining possible areas of cooperation between the two organizations. Aimed at promoting greater trade and investments between Nepal and Hong Kong, the MOU was signed at the FNCCI headquarters […]
Kathmandu – The Federation of Nepalese Chambers of Commerce and Industry (FNCCI) and the Kowloon Chamber of Commerce (KCC) recently signed a Memorandum of Understanding (MOU) outlining possible areas of cooperation between the two organizations.
Aimed at promoting greater trade and investments between Nepal and Hong Kong, the MOU was signed at the FNCCI headquarters in Kathmandu by the heads of the two organizations during the recent CACCI Presidential Visit to Nepal held on November 20-23, 2017.FNCCI President Mrs. Bhawani Rana and KCC Chairman Mr. John Li signed the MOU on behalf of their respective chambers.
Colombo – The Ceylon Chamber of Commerce (CCC) in collaboration with International Trade Center (ITC) recently conducted a workshop through a train-the-trainer methodology to create awareness among the private sector on the latest WTO Trade Facilitation Agreement. The two-day work shop conducted in Colombo early October was aimed at helping businesses, especially the local SME sector, to […]
Colombo – The Ceylon Chamber of Commerce (CCC) in collaboration with International Trade Center (ITC) recently conducted a workshop through a train-the-trainer methodology to create awareness among the private sector on the latest WTO Trade Facilitation Agreement.
The two-day work shop conducted in Colombo early October was aimed at helping businesses, especially the local SME sector, to understand the terms, potential benefits and practical use of each of the technical measures of the new Agreement and to equip them to contribute to the design, implementation and monitoring of the Trade Facilitation potential implementation choices.
The training session was delivered by ITC trained national consultants sourced by the Ceylon Chamber of Commerce.
WTO members concluded negotiations at the 2013 Bali Ministerial Conference on the landmark Trade Facilitation Agreement (TFA), which entered into force on 22 February 2017 following its ratification by two-thirds of the WTO membership, operationalizing the Agreement on Trade Facilitation is a path to internationalization, which will allow them to access international value chains at lower cost and at greater speeds. Sri Lanka is a signatory and has agreed to undertake many trade facilitation reforms.
Sri Lanka- Singapore Business Council of Ceylon Chamber successfully concludes a business mission to Singapore
Singapore – The Sri Lanka-Singapore Business Council of Ceylon Chamber of Commerce successfully concluded a 26-member business mission to Singapore held on November 8-10, 2017. The three-day mission was organized in collaboration with the International Enterprise Singapore; the Government Agency driving Singapore’s external economy and promoting the overseas growth of Singapore-based enterprises and international trade, supported […]
Sri Lanka- Singapore Business Council of Ceylon Chamber successfully concludes a business mission to Singapore
Singapore – The Sri Lanka-Singapore Business Council of Ceylon Chamber of Commerce successfully concluded a 26-member business mission to Singapore held on November 8-10, 2017.
The three-day mission was organized in collaboration with the International Enterprise Singapore; the Government Agency driving Singapore’s external economy and promoting the overseas growth of Singapore-based enterprises and international trade, supported by Singapore Business Federation; the Apex Business Chamber in Singapore with over 18,000 members and in association with the Sri Lankan High Commission in Singapore.
The activities included a Seminar attended by some 100 participants from various industry sectors, one-on-one business meetings between the representatives of the Singapore companies and the Sri Lankan delegates, as well as with the opportunity for the Singaporeans to interact with the officials of the Board of Investment of Sri Lanka and clarify matters relating to potential investments.
The Delegation also participated in a series of meetings at the Singapore Indian Chamber of Commerce & Industry (SICCI) which provided them an opportunity to network with the senior officials and members.
ICC Asia Conducts Seminar on ATA Carnet System Implementation in Vietnam
Hanoi – Mrs Lee Ju Song, Executive Director, ICC Asia, successfully conducted meetings and seminar on Steps to be taken for the Implementation of the ATA Carnet System in Vietnam. Held on October 31 – November 4, 2017 on Hanoi, the five-day sessions were attended by about 40 Senior Vietnam Customs and VCCI Certification Staff […]
ICC Asia Conducts Seminar on ATA Carnet System Implementation in Vietnam
Hanoi – Mrs Lee Ju Song, Executive Director, ICC Asia, successfully conducted meetings and seminar on Steps to be taken for the Implementation of the ATA Carnet System in Vietnam. Held on October 31 – November 4, 2017 on Hanoi, the five-day sessions were attended by about 40 Senior Vietnam Customs and VCCI Certification Staff designated to implement the ATA Carnet System in Vietnam.
The interactive Seminar and meetings focused on the steps to be taken by the Vietnamese Government, the Vietnamese Customs, and the Vietnam Chamber of Commerce and Industry (VCCI) for the early implementation of the ATA Carnet System.
Mrs. Lee urged the early implementation of the ATA Carnet System by Vietnam since the System is the International “Passport to World Trade” as it allows the effective and speedy clearance of goods by Customs. It is an indispensable marketing tool to have in helping businesses to successfully develop their export capabilities and enabling them to have successful business trips as well as smooth participation in trade fairs and missions, Mrs. Lee told the participants.
FICCI Invites CACCI Members to its Annual Banking Conference in Mumbai
Bombay – The Federation of Indian Chambers of Commerce and Industry (FICCI) and the Indian Banks Association (IBA) are jointly organising FIBAC – an annual banking conference – on 6th and 7th November, 2017 at Hotel Trident, Nariman Point, Mumbai, India with the Boston Consulting Group (BCG) as its Knowledge Partner. The theme of the […]
FICCI Invites CACCI Members to its Annual Banking Conference in Mumbai
Bombay – The Federation of Indian Chambers of Commerce and Industry (FICCI) and the Indian Banks Association (IBA) are jointly organising FIBAC – an annual banking conference – on 6th and 7th November, 2017 at Hotel Trident, Nariman Point, Mumbai, India with the Boston Consulting Group (BCG) as its Knowledge Partner. The theme of the conference is ‘Finance in Digital Era: Navigating the knowns and unknowns.”
Mr. N S Vishwanathan, Deputy Governor, Reserve Bank of India has kindly agreed to inaugurate the conference.
Building on the discussions that have taken place over the last few years and in light of the significant changes being seen in India particularly in the realm of the digital economy, this year’s conference would be focusing on the new frontiers for digital banking and other pertinent topics like consolidation, turnaround management, pricing etc.
CACCI Members invited to Match4Industry Event in Kocaeli
Kocaeli – The Kocaeli Chamber of Industry is inviting CACCI members to participate in its Match4Industry event that will take place on 2-3 November 2017 in Kocaeli, Turkey. Match4Industry is part of “Doing Business Onsite”, a unique concept in matchmaking events that offer meetings held in company premises as well as the main event site. […]
CACCI Members invited to Match4Industry Event in Kocaeli
Kocaeli – The Kocaeli Chamber of Industry is inviting CACCI members to participate in its Match4Industry event that will take place on 2-3 November 2017 in Kocaeli, Turkey.
Match4Industry is part of “Doing Business Onsite”, a unique concept in matchmaking events that offer meetings held in company premises as well as the main event site. Visits to leading automotive companies will be available as optional programmes, offering the participants a chance to observe Kocaeli’s business environment at first hand. There will be a dedicated area to accommodate face to face meetings between prospective partners. This year’s event is expected to attract 350 exhibitors and some 40,000 visitors.
“Tbilisi Belt and Road Forum” on November 28-29, 2017 in Tbilisi, Georgia
Tbilisi – CACCI would like to convey an invitation from the Minister of Economy and Sustainable Development of Georgia for CACCI members to attend the “Tbilisi Belt and Road Forum” to be held on November 28-29, 2017 in Tbilisi, Georgia. Organized under the patronage of H. E. Prime Minister of Georgia, Giorgi Kvirikashvili, the two-day […]
“Tbilisi Belt and Road Forum” on November 28-29, 2017 in Tbilisi, Georgia
Tbilisi – CACCI would like to convey an invitation from the Minister of Economy and Sustainable Development of Georgia for CACCI members to attend the “Tbilisi Belt and Road Forum” to be held on November 28-29, 2017 in Tbilisi, Georgia.
Organized under the patronage of H. E. Prime Minister of Georgia, Giorgi Kvirikashvili, the two-day event serves as a continuing platform for high-government and business-to-business dialogue and is aimed at promoting regional cooperation. With focus on the full spectrum of factors which define the regional and global trade, the Forum is expected to host over 1,000 political leaders, diplomats, representatives of international organizations and business. Attached herewith, for your perusal, is the official invitation.
For more information on the Forum, interested parties are encouraged to visit the official website at: http://www.tbilisibrf.gov.ge/.
Ceylon Chamber Receives Lahore CCI Delegation to Discuss How to Strengthen Sri Lanka-Pakistan Trade and Investment
Colombo – The Sri Lanka-Pakistan Business Council of the Ceylon Chamber of Commerce hosted recently a delegation from the Lahore Chamber of Commerce and Industry (LCCI). LCCI is the oldest and largest trade body in Pakistan with strong credentials having a large membership base standing around 20 thousand members. Led by Senior Vice President Mr […]
Ceylon Chamber Receives Lahore CCI Delegation to Discuss How to Strengthen Sri Lanka-Pakistan Trade and Investment
Colombo – The Sri Lanka-Pakistan Business Council of the Ceylon Chamber of Commerce hosted recently a delegation from the Lahore Chamber of Commerce and Industry (LCCI).
LCCI is the oldest and largest trade body in Pakistan with strong credentials having a large membership base standing around 20 thousand members. Led by Senior Vice President Mr Amjad Ali Jawa, the LCCI delegation consisted of representatives from the pharmaceuticals, IT and beauty Sectors.
The Sri Lanka-Pakistan Business Council organized a Business Forum during which both sides discussed the relationship the two countries enjoy and the possible opportunities that exist. The Business Forum ended with B2B meetings between members of the two sides.
New Lifetime Special Member from Bangladesh Visits CACCI Secretariat
Taipei – Mr. Md. Gias Uddin Bhuiyan, Managing Director of Shan Sabil (BD) Ltd. from Bangladesh, met with executives of the CACCI Secretariat during his recent visit to Taipei on September 26. Mr. Bhuiyan, who frequently travels to Taipei because of his various businesses, discussed with the CACCI executives his desire to take a more […]
New Lifetime Special Member from Bangladesh Visits CACCI Secretariat
Taipei – Mr. Md. Gias Uddin Bhuiyan, Managing Director of Shan Sabil (BD) Ltd. from Bangladesh, met with executives of the CACCI Secretariat during his recent visit to Taipei on September 26.
Mr. Bhuiyan, who frequently travels to Taipei because of his various businesses, discussed with the CACCI executives his desire to take a more active part in CACCI activities following his recent admission as new Lifetime Special Member of CACCI.
A member of the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI), Mr. Bhuiyan also attended the 31st CACCI Conference and 10th World Chambers Congress held on September 18-21, 2017 in Sydney, Australia.
CACCI, KPMG, Vietnam VCCI, India FICCI & Iran ICCIMA jointly presented business opportunities during Sydney Conference
Sydney – On Tuesday September 19 2017, the Confederation of Asia Pacific Chambers of Commerce (CACCI) successfully featured the workshop session “Discover Asia Pacific’s business opportunities through CACCI” during the 10th ICC World Chambers Federation Congress in Sydney. The session chaired by CACCI President Jemail Inaishvili, first presented Vincent Chang, President of the KPMG Deal Advisory […]
CACCI, KPMG, Vietnam VCCI, India FICCI & Iran ICCIMA jointly presented business opportunities during Sydney Conference
Sydney – On Tuesday September 19 2017, the Confederation of Asia Pacific Chambers of Commerce (CACCI) successfully featured the workshop session “Discover Asia Pacific’s business opportunities through CACCI” during the 10th ICC World Chambers Federation Congress in Sydney.
The session chaired by CACCI President Jemail Inaishvili, first presented Vincent Chang, President of the KPMG Deal Advisory in Chinese Taipei, followed by Vu Tien Loc, President of the Vietnam Chamber of Commerce and Industry. The third presenter was Gajendra Badgujar, Senior Director East Asia from the Federation of Indian Chambers of Commerce and Industry; and finally Pedram Soltani, First Vice President of the Iran Chamber of Commerce, Industries, Mines and Agriculture.
Given the fact that CACCI membership covers some 27 countries, which according to the Asian Development Bank, will reach a GDP growth of 5.7% in 2017 and 2018, CACCI presenters had a great opportunity to expose their economies to the international audience.
The CACCI workshop shared information about the economic and business conditions in their respective countries, as well as trade and investment opportunities. During the session, CACCI President Jemal Inaisvili also gave a brief history on CACCI, the services and products provided to members and its transnational alliances pursuing business policies to promote economic growth and business opportunities. Members of the audience issued questions related to business opportunities and economic conditions in the different economies presented.
The content of the presentations can be downloaded here:
Vincent Chang, President of the KPMG Deal Advisory, Taipei DOWNLOAD Vu Tien Loc, President of the Vietnam Chamber of Commerce and Industry DOWNLOAD Gajendra Badgujar, Senior Director East Asia, Federation of Indian Chambers of Commerce and Industry DOWNLOAD Pedram Soltani, First Vice President of the Iran Chamber of Commerce, Industries, Mines and Agriculture. DOWNLOAD
Tajikistan pavilion won first place in Astana Expo 2017
Astana – The Pavilion of the Republic of Tajikistan won first place in the International Specialized exhibition “Astana EXPO-2017” in category “The best disclosure of the theme and content” among joint pavilions on September 9, 2017 in the ENERGY lobby of the EXPO-2017. The international jury from 9 experts in the field of exhibitions, architecture […]
Tajikistan pavilion won first place in Astana Expo 2017
Astana – The Pavilion of the Republic of Tajikistan won first place in the International Specialized exhibition “Astana EXPO-2017” in category “The best disclosure of the theme and content” among joint pavilions on September 9, 2017 in the ENERGY lobby of the EXPO-2017.
The international jury from 9 experts in the field of exhibitions, architecture and the international exhibitions, selected winners among the pavilions of participating countries at EXPO 2017. Awards were awarded in two nominations: exhibition design and disclosure of the theme of the Exhibition. 115 national pavilions and 22 pavilions of the international organizations which have presented modern technological developments in the field of alternative energy sources applied for honorary international rewards. Among the joint pavilions in the category of DESIGN OF EXHIBITION, bronze was awarded to the Plaza of Latin America, silver to the Pacific Plaza and Gold to the Plaza of the Caribbean Community. In the category of REVELATION OF THE EXHIBITION THEME, bronze is awarded to Ukraine, silver to the Republic of Ghana and gold to the Republic of Tajikistan.
Sharif Said, General Commissioner of the Exposition of the Republic of Tajikistan at the International specialized exhibition EXPO-2017 and Chairman of the Chamber of Commerce and Industry of the Republic of Tajikistan said “It is a worthy gift on the day of celebration of the 26th anniversary of the state independence of the Republic of Tajikistan and confirmation of the world recognition of globally significant water initiatives of the The Founder of Peace and National Unity, Leader of the Nation, President of the Republic of Tajikistan, His Excellency Emomali Rahmon.”
The Tajikistan delegation thanked the Government of the Republic of Tajikistan, the Organizing Committee for preparation and participation of the Republic of Tajikistan at the International Specialized Exhibition EXPO-2017 in the city of Astana of the Republic of Kazakhstan under the Government of the Republic of Tajikistan, the Working Group on preparation of the Exposition of the Republic of Tajikistan under the General Commissioner, Directorate of the Exposition of the Republic of Tajikistan, the Chamber of Commerce and Industry organizations, media workers, the diplomatic corps of the Republic of Tajikistan and the Republic of Kazakhstan for the help and assistance in the preparation of our Exposition and the work of the Pavilion of the Republic of Tajikistan during the exhibition.
The Pavilion of the Republic of Tajikistan at the international specialized exhibition EXPO-2017 was visited more than 400 thousand people, including official delegates from Tajikistan, Kazakhstan, Switzerland, Japan, Russia, China, Argentina, France, Italy, Czech Republic, United Kingdom, USA, Germany, United Arab Emirates, Qatar, Belarus, Kyrgyzstan, Afghanistan, Pakistan, Saudi Arabia, South Korea, Ukraine, Armenia, Malaysia, Bangladesh, Uzbekistan, Mexico, the Netherlands, Finland, Lithuania, Poland, Spain, etc., as well as representatives of international organizations of the Shanghai Cooperation Organization, Asian Development Bank, United Nations, United Nations Development Programme, European Bank for Reconstruction and Development, Silk Road Association, World Club of Commissioners, International Association of Garden Manufacturers, representatives of foreign and domestic media, etc.
Taiwan-Philippines Economic Forum Held in Taipei
Taipei – Representatives of the government and private sector from the Philippines and Taiwan spoke during the Philippine Investment Forum on August 25, 2017 at the Taiwan Academy of Banking and Finance headquarters in Taipei, Taiwan. The Philippine speakers talked about the country’s trade and investment policies and identified some areas of opportunities for business […]
Taipei – Representatives of the government and private sector from the Philippines and Taiwan spoke during the Philippine Investment Forum on August 25, 2017 at the Taiwan Academy of Banking and Finance headquarters in Taipei, Taiwan.
The Philippine speakers talked about the country’s trade and investment policies and identified some areas of opportunities for business partnership and collaboration between Taiwan and the Philippines. The presenters from Taiwan elaborated on the promotion strategies and activities in the ASEAN market of Taiwan External Trade and Development Council (TAITRA) as well as the experience of some Taiwanese companies in investing in the Philippines.
Pakistan International Trade Fair (PITF) in Karachi from 26-29 October 2017
Karachi – The Federation of Pakistan Chambers of Commerce & Industry (FPCCI) is organizing the Pakistan International Trade Fair (PITF) from 26 to 29 October 2017. To be held at the Expo Centre in Karachi, it will be the first ever trade exhibition of its kind in Pakistan. Organized by the FPCCI, the four-day event […]
Pakistan International Trade Fair (PITF) in Karachi from 26-29 October 2017
Karachi – The Federation of Pakistan Chambers of Commerce & Industry (FPCCI) is organizing the Pakistan International Trade Fair (PITF) from 26 to 29 October 2017. To be held at the Expo Centre in Karachi, it will be the first ever trade exhibition of its kind in Pakistan.
Organized by the FPCCI, the four-day event is expected to provide great opportunities to the world’s potential companies to showcase their products andconduct B2B and B2C. The exhibition will be inaugurated by very important persons of Pakistan. Besides, it is also a general trade fair where regional pavilions will also be established besides the international pavilion.
The FPCCI will set up a separate CACCI pavilion in which brands of CACCI member chambers will be accommodated. Attached herewith, for your perusal, are the official invitation, event brochure and exhibit space reservation form. For more information on the Trade Fair, interested parties are encouraged to visit the event website at: http://www.pitfexpo.com/
Ceylon Chamber supports Public Private Partnership for the Hambantota Port
Colombo – The Ceylon Chamber of Commerce appreciates the steps taken to develop the Hambantota Port as a Public Private Partnership (PPP) as it marks an important step towards the goal of positioning Sri Lanka as a full-service maritime hub nation. In addition to the much-needed boost to the country’s foreign reserves, the reported scale […]
Ceylon Chamber supports Public Private Partnership for the Hambantota Port
Colombo – The Ceylon Chamber of Commerce appreciates the steps taken to develop the Hambantota Port as a Public Private Partnership (PPP) as it marks an important step towards the goal of positioning Sri Lanka as a full-service maritime hub nation. In addition to the much-needed boost to the country’s foreign reserves, the reported scale and size of the investment is expected to generate meaningful FDI in port-related activities, as well as businesses around the port.
At a meeting held with members of the Ceylon Chamber’s National Agenda Committee on Logistics and Transport and other private sector stakeholders, Hon. Mahinda Samarasinghe, Minister of Ports and Shipping, Dr. Parakrama Dissanayake, Chairman of the Sri Lanka Ports Authority (SLPA) and Mr. H. A. Wimalasoorya, Executive Director of the SLPA, briefed attendees on the concession agreement signed for the development of the Hambantota Port. The Minister elaborated on several areas that had been of concern to various stakeholders, including on how the selection of the concessionaire was done, how national interest, prevailing law and security considerations have been addressed, and how the two new companies (Hambantota International Port Group and Hambantota International Port Services) have been structured.
Observing that international rating agencies had been quick to highlight the positive effects of the transaction, industry representatives noted further that the consequent economic benefits arising from a growth in industrial activity, would create more employment opportunities in the region and also provide sizable impetus to propel growth in the maritime related services and logistics sectors around the Port of Hambantota.
‘Important milestone on the journey towards a true maritime hub’
The Chamber now expects the implementation of the Agreement to be effected in a manner that would serve the best interests of our country. Later this month, the Chamber is convening a seminar for its members on the subject of the Hambantota Port development, with key officials. The seminar will provide an opportunity to hear more details and seek clarifications on the obligations assumed under the Agreement and the plans for implementation.
While recognizing the circumstances in which this PPP deal was required to be finalized, the Chamber urges the Government to ensure that the principle of collective responsibility is respected, so as to inspire confidence in the final decision taken. Sri Lanka needs to enhance its reputation as a business destination that has a credible and predictable investment regime. This imperative is challenged when seemingly conflicting sentiments are expressed by responsible Government sources.
The National Agenda Committee on Logistics and Transport comprises of leaders in the private sector and public sector with experience in the maritime, shipping, and logistics sectors. Since last year, the NAC has been continuously lobbying to fast-track the development of the East Container Terminal (ECT) and the development of an e-Hub for trade facilitation, all aimed at boosting Sri Lanka’s position and status as a vibrant hub . This Committee is part of five National Agenda Committees functioning as thought-leadership groups at the Ceylon Chamber of Commerce, developing insights and advocacy on key strategic economic themes. To know more about the Ceylon Chamber’s National Agenda Committees initiative, visit the ‘Policy and Advocacy’ section of the Chamber website (www.chamber.lk) and to read the Chamber’s recommendations on the ECT, visit the ‘Submissions to Government’ section. To read thought-leadership articles anchored to the NACs, visit ‘The National Agenda’, visit nationalagendacommittees.wordpress.com
23rd Annual General Meeting of Sri Lanka – Malaysia Business Council
Colombo – The Sri Lanka – Malaysia Business Council was inaugurated on February 23, 1994 under the aegis of the Ceylon Chamber of Commerce at the request of the Ministry of Foreign Affairs and the Board of Investment of Sri Lanka. The main objective of this Council is to promote joint ventures in trade, tourism […]
23rd Annual General Meeting of Sri Lanka – Malaysia Business Council
Colombo – The Sri Lanka – Malaysia Business Council was inaugurated on February 23, 1994 under the aegis of the Ceylon Chamber of Commerce at the request of the Ministry of Foreign Affairs and the Board of Investment of Sri Lanka. The main objective of this Council is to promote joint ventures in trade, tourism and services between Sri Lanka and Malaysia.
The 23rd Annual General Meeting of the Council was held on 19th July 2017 at the Hilton Colombo Residences and the Chief Guest was His Excellency Wan Zaidi Wan Abdullah, High Commissioner of Malaysia in Sri Lanka, who is also the Patron of the Sri Lanka – Malaysia Business Council. His Excellency Dato Seri Utama Dr. S. Samy Vellu, Special Envoy with Ministerial Rank to India and South Asia for Infrastructure graced this occasion as the Guest of Honour.
The Office Bearers for year 2017/2018 was unanimously elected as follows:
Mr. Iqram Cuttilan, Director/ Chief Operating Officer – Aitken Spence Shipping Ltd was elected as the President of the Sri Lanka – Malaysia Business Council and Mr. Keerthi Jayasuriya Chairman/ CEO – International Scholar Educational Service Pvt Ltd and Mr. Amrit CanagaRetna, Vice President – Amana Bank Ltd as the Vice Presidents.
Mr. Aashiq Lafir, Executive Director – Finance – United Motors Lanka PLC will serve as the Immediate Past President of the Council.
The newly elected committee for year 2017/2018 is Amana Takaful PLC, Chemanex PLC, Dialog Axiata PLC, Hemas Air Services (Pvt) Ltd, Ilham Inspiration Sri Lanka, Just in Time Group, Kenanga Investment Corporation Ltd, Macksons Paints Lanka (Pvt) Ltd, Ranjan Nadesapillai Associates and Sena Gem Trading House (Pvt) Ltd.
The Sri Lanka – Malaysia Business Council of the Ceylon Chamber of Commerce intends carrying out promoting trade, tourism, services between Sri Lanka and Malaysia in particular to promote exports, encourage establishment of joint ventures, exchange information on trade and investment with the appropriate bodies, conduct joint meetings with Malaysian Business organizations in Sri Lanka and in Malaysia to promote exports and attract investments, facilitate business matchmaking events as means to promote bilateral business and serve as a recognized representative of business sector interests in Sri Lanka in matters concerning business relationships with Malaysia.
Membership is open to Individuals, partnerships, companies, state owned enterprises or other organisations engaged in trade, tourism or services or engaged in joint ventures with Malaysia or interested in entering into or promoting trade, tourism, services or joint ventures with organizations in the partner country shall be eligible for membership of the Council.
2017 World Chambers Competition finalists announced
Paris – Eighteen chambers of commerce from 13 countries move into the final round of the 2017 World Chambers Competition, to be held in Sydney on Tuesday 19 and Wednesday 20 September. The winners will be announced during the Congress Gala dinner on the 21 September. The World Chambers Competition, organised by the ICC World […]
2017 World Chambers Competition finalists announced
Paris – Eighteen chambers of commerce from 13 countries move into the final round of the 2017 World Chambers Competition, to be held in Sydney on Tuesday 19 and Wednesday 20 September. The winners will be announced during the Congress Gala dinner on the 21 September.
The World Chambers Competition, organised by the ICC World Chambers Federation (WCF), is the only global awards programme of its kind to recognise ground-breaking projects developed by chambers of commerce and industry worldwide. After receiving 53 applications from 27 countries, an international jury, comprising ICC WCF leadership and representatives from chambers of commerce and other recognised global organisations, selected the 2017 finalists.
The Competition allows chambers, both large and small, to showcase best practices. Commenting on this year’s selection, head of the Competition jury and WCF Honorary Chair Rona Yircali said: “It was an extremely difficult task to shortlist our Competition finalists, as this year’s applicants were particularly strong. Based on the variety of projects submitted, we are very proud to see the chamber network continuing, year after year, to champion their respective communities with new and more advanced innovations for the betterment of all.”
Competing across four categories, the finalists will move on to present their unique projects before a live audience of chamber and business leaders, during the bi-annual World Chambers Congress. The Congress is set to take place in Sydney, Australia from 19-21 September.
10th World Chamber Congress App now available
Sydney – CACCI members can now start their 10th World Chambers Congress experience by downloading the newly released App, which will provide valuable information about the 10WCC and contains features to enhance their event experience. Connect with registered delegates, set-up meetings and message each other through the ‘peer networking’ feature. For more information on how […]
Sydney – CACCI members can now start their 10th World Chambers Congress experience by downloading the newly released App, which will provide valuable information about the 10WCC and contains features to enhance their event experience. Connect with registered delegates, set-up meetings and message each other through the ‘peer networking’ feature.
For more information on how to download the App,or for any other questions you may have about the Congress, please contact the Congress organizers via email at wcf2017@australianbusiness.com.au
ADB: Rise in exports boost developing Asia’s growth outlook
Manila – Stronger-than-expected export demand has improved growth prospects for Asia’s developing economies, including China, the Asian Development Bank said recently. The Manila-based ADB upgraded its growth forecast for this year to 5.9 percent from an earlier forecast of 5.7 percent. It expects developing Asia to grow at a 5.8 percent pace in 2018, up […]
ADB: Rise in exports boost developing Asia’s growth outlook
Manila – Stronger-than-expected export demand has improved growth prospects for Asia’s developing economies, including China, the Asian Development Bank said recently.
The Manila-based ADB upgraded its growth forecast for this year to 5.9 percent from an earlier forecast of 5.7 percent. It expects developing Asia to grow at a 5.8 percent pace in 2018, up from its earlier forecast of 5.7 percent. China’s economy, the world’s second biggest, is forecast to grow at a 6.7 percent pace in 2017 and a 6.4 percent pace in 2018, the report said. The outlook is more optimistic than the bank’s last forecast, made in April, for 6.5 percent and 6.2 percent growth in 2017 and 2018.
“Developing Asia is off to a good start this year with improved exports pushing growth prospects for the rest of 2017,” said ADB’s chief economist Yasuyuki Sawada. “Despite lingering uncertainties surrounding the strength of the global recovery, we feel that the region’s economies are well-placed to face potential shocks to the outlook.”
South Asia will remain the fastest growing sub- region, with regional expansions projected at 7 percent in 2017 and 7.2 percent next year, the report said. Southeast Asia’s growth is expected to remain at 4.8 percent in 2017 and 5 percent in 2018, with slower expansion in oil-dependent Brunei slightly offsetting faster growth in Malaysia, the Philippines and Singapore.
B20 Welcomes G20 Leaders’ Declaration as a partial success
Hamburg – The B20 says it welcomes the final G20 Leaders’ Declaration as a partial success, given the difficult negotiating climate. “Naturally, we had hoped for something more substantial with more concrete policy actions”, said Jürgen Heraeus, President of the B20, the official G20 dialogue partner, after the G20 Summit came to a close. “In […]
B20 Welcomes G20 Leaders’ Declaration as a partial success
Hamburg – The B20 says it welcomes the final G20 Leaders’ Declaration as a partial success, given the difficult negotiating climate. “Naturally, we had hoped for something more substantial with more concrete policy actions”, said Jürgen Heraeus, President of the B20, the official G20 dialogue partner, after the G20 Summit came to a close.
“In view of the difficult negotiating climate, however, the Declaration can be regarded as a success, even if it does little more than secure the status quo in many areas”, Heraeus continued. “It is thanks to the diplomatic skill of the German federal government that the G20 members were able to reach compromises at all”, said the President of the B20.
The B20 welcomes the G20’s commitment to open markets, the willingness of its members to fight protectionism, and their announcement to work together towards a successful WTO ministerial conference in Argentina later this year. However, the language often remains extremely vague, such as ‘all unfair trade practices’, which could open a door to new protectionism. The G20 has also missed the opportunity to agree on a modern trade agenda fit for the 21st century.
In the area of climate and energy, all G20 members, apart from the United States, recommitted to implement the Paris Climate Agreement. The B20 welcomes the fact that the remaining 19 G20 members clearly rejected the desire of the United States to renegotiate the Agreement by calling it ‘irreversible’. The B20 also welcomes the G20 ‘Climate and Energy Action Plan for Growth’.
The G20 recognizes the digital transformation as a driving force for global, innovative, inclusive and sustainable growth that can help reduce inequalities and achieve the objectives of the UN Agenda 2030 for sustainable development. By 2025, all citizens are to be digitally connected.
However, the B20 regrets the fact that the G20 Declaration is falling behind expectations in many key economic issues. “We had hoped for more regarding global standards, IT security, and the potential of artificial intelligence”, Heraeus regrets. An extremely important success of the German G20 Presidency is the new partnership with Africa, the ‘Compact with Africa’. With the reform partnerships, the G20 wants to improve the framework conditions for investments in the African partner countries. The partnerships also aim to promote peace, stability, and security.
ICC Open Markets Index: More effort required to open economies to global trade
Paris – Despite repeated pledges to enable trade as a driver of growth and job creation, G20 economies are failing to demonstrate global leadership on trade openness according to the International Chamber of Commerce (ICC) Open Markets Index 2017 (OMI) published on July 7, 2017. Highlights: (a) G20 countries failing to demonstrate global leadership on […]
ICC Open Markets Index: More effort required to open economies to global trade
Paris – Despite repeated pledges to enable trade as a driver of growth and job creation, G20 economies are failing to demonstrate global leadership on trade openness according to the International Chamber of Commerce (ICC) Open Markets Index 2017 (OMI) published on July 7, 2017.
Highlights: (a) G20 countries failing to demonstrate global leadership on trade; (b) Canada the only G20 country in top 20 open markets globally; (c) Singapore, Luxembourg and Hong Kong the world‘s most open markets. The report – commissioned by the International Chamber of Commerce (ICC) – shows that G20 nations rank below the global standard in terms of openness to trade, with only Canada placing among the world‘s top 20 open markets. Singapore, Luxembourg and Hong Kong SAR head the 2017 rankings for the fourth successive edition of the report, far outstripping major economies such as the United States in terms of trade openness.
The Index scores 75 countries on a scale of one to six on four key factors: observed trade openness, trade policy, openness to foreign direct investment and trade-enabling infrastructure. In doing so, the Index also monitors government follow through on longstanding G20 commitments to boost global trade flows.
The latest edition of the Index reveals that 18 of the G20 economies score only average or below average in terms of their overall openness to trade. The two lowest-scoring G20 economies are Brazil and Argentina. ICC Secretary General John Danilovich said: “ICC has steadfastly called on the G20 to maintain a strong stance against protectionism since the global financial crisis. There must be no return to 1930’s style beggar thy neighbor policies – and the private sector must not shy away from driving this point home.”
Other findings: The latest edition of the Index, launched as government leaders gathered in Hamburg in July 7-8 at G20 Summit, reveals that: (a) three economies ranked as “excellent” in terms of overall openness (scoring above 5.0), specifically Hong Kong, Luxembourg and Singapore; (b) the lowest ranking economies were Ethiopia, Venezuela and and Sudan.
ICC is calling on the G20 to commit to a package of reforms to enable trade as a driver of growth jobs and opportunity. The ICC publishes the OMI with the aim of presenting a balanced and reliable measurement of an economy’s openness to trade. ICC hopes that the OMI may serve as a guide for governments in implementing reforms to enable trade as a driver of sustainable growth and job creation
Vietnam CCI Invites CACCI Members to APEC 2017 Start-ups Forum
Hanoi – The Vietnam Chamber of Commerce and Industry (VCCI) is inviting CACCI members to attend the APEC 2017 Start-ups Forum to be held on September 11-12, 2017 in Ho Chi Minh City,Vietnam. The two-day Forum will focus on discussing the issues of supporting micro, small and medium- sized enterprises (MSMEs), especially the start-up businesses, […]
Vietnam CCI Invites CACCI Members to APEC 2017 Start-ups Forum
Hanoi – The Vietnam Chamber of Commerce and Industry (VCCI) is inviting CACCI members to attend the APEC 2017 Start-ups Forum to be held on September 11-12, 2017 in Ho Chi Minh City,Vietnam.
The two-day Forum will focus on discussing the issues of supporting micro, small and medium- sized enterprises (MSMEs), especially the start-up businesses, such as enabling the MSMEs to innovate, integrate and access the global value chain right at their nascent business stage, accelerating the sustainable and environment-friendly socio-economic growth. The Forum also creates an opportunity for APEC member economies to share experience, ideas and tools to support business start-ups, thereby forming a dynamic and networked APEC start-ups community.
Some 300 delegates from 21 APEC member economies are expected to attend the Forum, including the Global Entrepreneurship Network, investment funds, business incubators, businesses, start-up research institutions and promotion organizations, and transnational corporations. Initiatives and the content of the Forum will be discussed to propose a Joint Statement on promoting start-up and MSMEs to the SME Ministerial Meeting.
ACCI urges Australians to ‘think small’ on day to honour SMEs
Sydney – The Australian Chamber of Commerce and Industry (ACCI) encouraged Australians to “think small” by supporting their local enterprises in order to celebrate the inaugural international day in honour of small businesses. June 27 has been declared Micro-, Small and Medium-sized Enterprises Day by the United Nations to raise public awareness of their contribution […]
ACCI urges Australians to ‘think small’ on day to honour SMEs
Sydney – The Australian Chamber of Commerce and Industry (ACCI) encouraged Australians to “think small” by supporting their local enterprises in order to celebrate the inaugural international day in honour of small businesses.
June 27 has been declared Micro-, Small and Medium-sized Enterprises Day by the United Nations to raise public awareness of their contribution to sustainable development. James Pearson, CEO of the Australian Chamber, said: “Small businesses are the lifeblood of many communities by providing local jobs and meeting the needs of local customers. “Every day is a great day to support small business… I encourage people to visit their local retailers and tap into local services so they can experience what small businesses have to offer.
“Australia’s 2.1 million small businesses contributed $379 billion to our economy in 2015, representing nearly 36 per cent of total output. More than 4.8 million people work in small businesses in Australia, accounting for nearly 45 per cent of all jobs. “Often the people who start these small businesses have risked everything they have, including their home, to turn their entrepreneurial dream into reality. “Typically these business men and women work extraordinary hours and take few holidays, and nearly half earn less than the people they employ.
Often these businesses operate on incredibly tight margins, where a few percentage points increase in costs is the difference between running at a profit and at a loss. “While many consumers are voting with their feet in backing small business, we need government policies to match. “It is great to see the Federal Government get behind small business with the first tranche of its business tax cuts and the extension of the instant asset write-off in this year’s Budget.
“We urge the Federal Opposition to commit to maintaining the reduced tax rate for small business so that business operators can make investments in growing their enterprise with confidence about the future. Right now small businesses are hurting from the surge in energy prices, which are making it harder for them to keep the lights on and the doors open. We urge federal and state governments to stop the blame game and deliver stable policy settings that encourage investment in new power supply to help push prices down.”
The Ceylon Chamber of Commerce Names Mr. Rajendra Theagarajah as Chairman
Colombo – The Ceylon Chamber of Commerce appointed Mr. Rajendra Theagarajah as its new Chairman during its 178th AGM held at the Cinnamon Grand Hotel, Colombo on the 29th June, 2017. Mr. Theagarajah, a veteran banker, succeeds the outgoing Chairman Mr. Samantha Ranatunga, who led the Chamber during the past two years. He functioned as […]
The Ceylon Chamber of Commerce Names Mr. Rajendra Theagarajah as Chairman
Colombo – The Ceylon Chamber of Commerce appointed Mr. Rajendra Theagarajah as its new Chairman during its 178th AGM held at the Cinnamon Grand Hotel, Colombo on the 29th June, 2017.
Mr. Theagarajah, a veteran banker, succeeds the outgoing Chairman Mr. Samantha Ranatunga, who led the Chamber during the past two years. He functioned as the Vice Chairman, Deputy Vice Chairman, Board Member and also served as a member of the Chamber Committee for several years.
In the meantime, Dr. Hans Wijayasuriya was appointed as the Vice Chairman of the Chamber, while Mr. Vish Govindasamy was appointed as the Deputy Vice Chairperson for the year 2017 and 2018 financial year.
The Chamber also appointed several new members to its nine member ‘Board of Directors’, which consists of Chairman, Vice Chairperman, Deputy Vice Chairman, CEO and five ‘Directors’.
B20 Calls for G20 Unity and Leadership in Shaping Globalization
Hamburg – Business 20 (B20), the official G20 business dialogue with the global business community, calls on the G20 to be united and to shape globalization on the basis of clear and reliable rules. In addition, B20 also speaks out against protectionism and for climate protection. “The business representatives of the G20 members call on the […]
B20 Calls for G20 Unity and Leadership in Shaping Globalization
Hamburg – Business 20 (B20), the official G20 business dialogue with the global business community, calls on the G20 to be united and to shape globalization on the basis of clear and reliable rules. In addition, B20 also speaks out against protectionism and for climate protection.
“The business representatives of the G20 members call on the G20 to be united and show leadership in shaping globalization” said Jürgen Heraeus, Chair of the official business dialogue Business 20 (B20), recently before the G20 Summit in Hamburg on July 7 and 8. Under the leading motto “Shaping an Interconnected World”, the G20 heads of state and government, together with international organizations, will meet to adopt the final communique.
“Global challenges need global solutions. National solo-runs are bound to fail. The G20 is now more important than ever and must overcome the challenges of the last few months,” explained Heraeus. Over the past ten months, the B20 has developed recommendations for the G20 to improve the future viability and sustainability of the global economy. “We stand for open and rules-based markets. At the same time, we must ensure that the benefits from globalization are widespread in our societies. For example, we need to invest more in education and lifelong learning.”
The B20 spoke out strongly against protectionism and for strengthening the multilateral trade system with the WTO at its heart. The B20 supports the Paris Climate Agreement and encourages the G20 members to send a clear signal in Hamburg for climate protection. “Climate protection and economic growth are not mutually exclusive. Quite the opposite. In order to push ahead with the necessary innovations, leaving room to ensure competitiveness, a reliable implementation of the Paris Climate Agreement is necessary in order to ensure fair competition,” said Heraeus.
The B20 is the official G20 dialogue with the global business community. The mission of the B20 is to support the G20 through consolidated representation of interests, expertise, and concrete policy proposals. Furthermore, the B20 promotes dialogue among policy-makers, civil society, and business at the international level. B20 Germany has more than 700 members from all sectors and all G20 members, representing the entire G20 business community.
Sri Lanka Economic Summit 2017 to Discuss ‘Walking the Talk’ for Greener Growth
Colombo – The Importance of Sri Lankan businesses aligning its growth plans with greener practices to help develop a ‘sustainable era,’ will be discussed intensely at the upcoming Sri Lanka Economic Summit 2017. The topic will be discussed at a thematic session titled, ‘Realizing a Greener Growth Path – Walking the Talk’, with the participation […]
Colombo – The Importance of Sri Lankan businesses aligning its growth plans with greener practices to help develop a ‘sustainable era,’ will be discussed intensely at the upcoming Sri Lanka Economic Summit 2017. The topic will be discussed at a thematic session titled, ‘Realizing a Greener Growth Path – Walking the Talk’, with the participation of thought leaders and industry practitioners.
The session will kick off with a presentation by Dr. Rae Kwon Chung, Former Principal Advisor on Climate Change, Executive Office of the Secretary General of the United Nations, while, Mr. Ralph Van Doorn, Senior Country Economist for Sri Lanka and the Maldives of The World Bank and Mr. Sunil Sethi, Managing Director Fonterra Brands Lanka, also following him with presentations.
The trio’s delivery would be followed by a panel discussion, which will include Dr. Prasanthi Gunawardana, Senior Lecturer of the Department of Forestry and Environmental Science of the University of Sri Jayewardenepura, Mr. Avanthi Jayathilaka, Director of Global Management Consultants and Mr. Vidura Ralapanawa, General Manager, Environmental Sustainability of MAS Intimates. The session would be moderated by Uchita De Zoysa, an expert on sustainability.
The session will discuss the cost Sri Lanka will have to pay, if a sustainable development path is not adopted, why does Sustainable Development Goals (SDGs) matter for businesses, what are the entry points to engage on SDGs at a country level, what kind of partnerships the private sector can enter into engage in driving the SDG agenda and the type of an institutional mechanism that should be put in place, for the private sector to engage on the SDG agenda at a national level.
The two day Sri Lanka Economic Summit organized by the Ceylon Chamber of Commerce will take place on the 25th and 26th July, 2017 at the Cinnamon Grand Hotel, Colombo under the title of ‘Execute – Transform – Realize’.
Sunshine Holdings PLC comes in as the Platinum Sponsor of the event, Standard Chartered Bank enters the fray as the Gold Sponsor, Fonterra Brands as the Silver Sponsor and Dialog Axiata as the Telecommunications Partner of the event. Whilst Janashakthi Insurance, Prima Group, and Nestle Lanka join in as the strategic partners.
OMD of OmniCom MediaGroup is the communications partner and Echo Wave comes in as the Digital Events Platform Partner. If you wish to take part in the event, please call on 115588877 or email to events@chamber.lk
Sri Lankan & Italian business leaders held 18th Annual General Meeting in Colombo
Colombo – She Sri Lanka – Italy Business Council of the Ceylon Chamber of Commerce held its 18th Annual General Meeting at the Ceylon Chamber of Commerce on 22nd June, 2017. His Excellency Paolo Andrea Bartorelli, Italian Ambassador to Sri Lanka was the Chief Guest at this occasion. Mr. D. R. P Abeyasinghe, Chief Executive Officer, Hydromec International (Pvt) Ltd […]
Sri Lankan & Italian business leaders held 18th Annual General Meeting in Colombo
Colombo – She Sri Lanka – Italy Business Council of the Ceylon Chamber of Commerce held its 18th Annual General Meeting at the Ceylon Chamber of Commerce on 22nd June, 2017. His Excellency Paolo Andrea Bartorelli, Italian Ambassador to Sri Lanka was the Chief Guest at this occasion.
Mr. D. R. P Abeyasinghe, Chief Executive Officer, Hydromec International (Pvt) Ltd was re-elected as the President of the Council. Mr. Abeyasinghe has a Mechanical Engineering background. The latter part of his career however has been devoted to the marketing and commercial aspects of dealing in Earth Moving and Materials Handling Machinery and Equipment.
Mr. Abeyasinghe in his address highlighted the achievements of the Sri Lanka – Italy Business Council during the year 2016-2017 under his leadership. These included the organization of meetings with Italian Business delegations that visited the country during the period under review, including the Business Delegation that had accompanied the Deputy Minister of Foreign Affairs of Italy Hon. Benedetto Della Vedova on his official visit to Sri Lanka. A Breakfast Meeting with Mr. Upul Jayasuriya, Chairman, Board of Investment of Sri Lanka; Annual Members’ Night and the Italian Language Course run for Beginners & Advanced Learners were also highlighted.
His Excellency Paolo Andrea Bartorelli in his comments made at the Annual General Meeting reassured the Council of the continued support of the Italian Embassy in Sri Lanka to promote bilateral trade between Sri Lanka and Italy.
Seated Left to right:
Anushka Polonowita, Euro Sports Auto Lanka (Pte) Ltd., Vice President, Sri Lanka – Italy Business Council; Sonali Liyanamana, Interglobe Travels (Pvt) Ltd., Vice President, Sri Lanka – Italy Business Council; His Excellency Paolo Andrea Bartorelli, Italian Ambassador to Sri Lanka; Rajah Abeyasinghe JP, Hydromec International (Pvt) Ltd., President, Sri Lanka – Italy Business Council; Julianne Boulton, Secretariat, The Ceylon Chamber of Commerce
Standing Left to right:
Yohan Peries, Walkers Tours Ltd.; Avindra Weerasinghe, Ally Weerasinghe Ltd.; Sharmini Mendis, Spear International (Pvt) Ltd.; Janaka Gunasekera, A Baur & Co. Ltd.; Tania Polonnowita Wettimuny, Hellman Worldwide Logistics (Pvt) Ltd., Immediate Past President, Sri Lanka – Italy Business Council; Harsha de Alwis, DFCC Bank PLC; Indika Chandrasekera, JAT Holdings (Pvt) Ltd.;
Not in the picture:
Rajeev Aloysius, The Autodrome PLC; B.T. Tyrell Roche, Lanka Tiles PLC;
Mrs. Sonali Liyanamana, Chief Executive Officer, Interglobe – Worldlink Air Services (Pvt) Ltd, and Mr. Anushka Polonowita, General Manager, Euro Sports Auto Lanka (Pte) Ltd., Subsidiary of Micro Holdings (Pvt) Ltd. were elected Vice Presidents of the Council.
A Baur & Co. Ltd., Ally Weerasinghe Ltd, DFCC Bank PLC, JAT Holdings (Pvt) Ltd., Lanka Tiles PLC, Spear International (Pvt) Ltd., The Autodrome PLC, Walkers Tours Ltd. were elected from the membership to serve on the Executive Committee of the Council.
Companies engaged in trade, tourism or services with Italy or engaged in joint ventures with Italian organizations or interested in entering into or promoting trade, tourism, services or joint ventures with Italian organizations are eligible for membership of the Sri Lanka – Italy Business Council. Further details regarding membership of the Council could be obtained from the Secretariat of the Sri Lanka – Italy Business Council of the Ceylon Chamber of Commerce, No. 50, Navam Mawatha, Colombo 2. E-mail: info@srilankaitaly.com or Tel.: 011-5588875, 5588800.
Turkey most active country in promoting investments
Ankara – According to the World Investment Report 2017, prepared by the United Nations Conference on Trade and Development (UNCTAD), Turkey has noticeably increased foreign direct investments (FDI) over the last 15 years, attracting USD 12.3 billion in 2016 alone. The FDI inflows reflect the country’s diversified industrial structure, with manufacturing accounting for around half […]
Turkey most active country in promoting investments
Ankara – According to the World Investment Report 2017, prepared by the United Nations Conference on Trade and Development (UNCTAD), Turkey has noticeably increased foreign direct investments (FDI) over the last 15 years, attracting USD 12.3 billion in 2016 alone. The FDI inflows reflect the country’s diversified industrial structure, with manufacturing accounting for around half of the total FDI.
The report also highlighted the reforms that have been implemented and the incentives that have been introduced in Turkey in recent years to attract investments, particularly incentives in R&D and those granting citizenship to foreigners under certain eligibility conditions.
According to the report, Turkey cemented its position as the most active country vying for FDI inflows in 2016 as it signed seven international investment agreements in the area of mutual encouragement and protection of investments. Canada, Morocco, and the United Arab Emirates followed Turkey with four international investment agreements each.
The report goes on to mention that a total of 37 new international investment agreements were concluded in 2016, of which 30 were bilateral investment treaties and seven were treaties with investment provisions.
PCCI Joins Hands with DA and DTI to Improve Market Access of Small Farmers
Manila – The Philippine Chamber of Commerce and Industry (PCCI), The Department of Agriculture (DA), and the Department of Trade and Industry (DTI) have agreed to promote the increase in livelihood income, lower costs, and create more employment opportunities for small farmers and fishermen by further improving the access of their products and services with […]
PCCI Joins Hands with DA and DTI to Improve Market Access of Small Farmers
Manila – The Philippine Chamber of Commerce and Industry (PCCI), The Department of Agriculture (DA), and the Department of Trade and Industry (DTI) have agreed to promote the increase in livelihood income, lower costs, and create more employment opportunities for small farmers and fishermen by further improving the access of their products and services with domestic and export markets.
PCCI president George T. Barcelon said that the DA-DTI-PCCI collaboration under a memorandum of agreement that was formalized on June 14 would harmonize their market-accessing activities under the DA Agribusiness Support for the Promotion and Investment in Regional Expo (Aspire) project.
Under the Aspire project, DA-DTI-PCCI would harmonize activities such as informing small farmers about the demand, standards and delivery preferences that attract buyers, sharing market knowledge, organizing for trade fairs, attending seminars to learn negotiations skills, and preparing them for business matching and investment forums.
Implementation targets call for each the country’s regions to make at least one marketing agreement for three priority commodities, enrolment of 75 per cent of Aspire farmer participants in the RIPPLES PLUS program of DTI per year, and at least two marketing agreements renewed or expanded.
RIPPLES PLUS (Regional Interactive Platform for Philippine Exporters) is DTI’s initiative for MSMEs and large corporations that provides training and capacity-building, investment, marketing and promotion, support innovation and product development.
According to PCCI president Barcelon, collective action with the small-scale farmers would result in lowering production and transaction costs and in true market prices.
Ex-CACCI President Amb. Yujuico inaugurates PCCI’s First Pitching Session
Manila – Amb. Benedicto Yujuico, Chairman of the Philippine Chamber of Commerce and Industry (PCCI) and Immediate Past President of CACCI, delivered the Welcome Remarks at the first-ever Pitching Session co-organized by PCCI along with the Philippines-USA Economic and Business Council (PUBC) and Launchgarage Philippines on May 24, 2017 at the PCCI Office. During the […]
Ex-CACCI President Amb. Yujuico inaugurates PCCI’s First Pitching Session
Manila – Amb. Benedicto Yujuico, Chairman of the Philippine Chamber of Commerce and Industry (PCCI) and Immediate Past President of CACCI, delivered the Welcome Remarks at the first-ever Pitching Session co-organized by PCCI along with the Philippines-USA Economic and Business Council (PUBC) and Launchgarage Philippines on May 24, 2017 at the PCCI Office.
During the event, 10 tech startup companies namely Bloom Solutions, Magpie, AltitudeX, GoodMealHunting, Taxumo, Tralulu, Veer, Airmighty, Mober and Acudeen made their pitch presentations on their products and services to possible investors and strategic partners. The startups are composed of various sectors engaged in financial technology, tax, online payments, travel, logistics, food, internet access, drones/analytics/land-mapping and virtual reality.
In his welcome remarks, Amb. Yujuico said that the first-ever pitching session is a milestone as it aims to introduce the Philippine startup ecosystem to the larger segment of the local business community and mainstream businesspersons. It will also generate connections to establish lasting partnerships.
He also gave a brief background of the Philippine tech startup community. He shared that the Philippine tech startup community is fast-growing and is considered to be following the footsteps of its neighboring Southeast Asian countries such as Singapore and Malaysia.
TOBB President Celebrates Cabotage Day
Ankara – TOBB President M. Rifat Hisarciklioglu has issued a celebratory message for the July 1st Maritime and Cabotage Day. Hisarciklioglu emphasized that the right to cabotage is one of the most important parts of Turkey’s independence. “Our country, surrounded by seas, has big goals in the maritime area. We need to take the steps in […]
Ankara – TOBB President M. Rifat Hisarciklioglu has issued a celebratory message for the July 1st Maritime and Cabotage Day. Hisarciklioglu emphasized that the right to cabotage is one of the most important parts of Turkey’s independence. “Our country, surrounded by seas, has big goals in the maritime area. We need to take the steps in the maritime sector to grow our economy.”
TOBB President Hisarciklioglu said in his message:
“Maritime and Cabotage Day, celebrated every year on July 1st, is one of the most important days of our Republic’s history.
“It is important to remember that on the anniversary of the Maritime and Cabotage Day, which includes our right to carry passengers and freight between our own ports, we need to keep in mind that maritime developments are of great importance for our economy to grow and reach its 2023 targets.
“According to this legislation, the operation of moving maritime vehicles by machinery, sailing and oars in rivers, lakes, sea of Marmara and straits, gulfs, harbors, coves and similar places in all the land waters, the right to transport goods and passengers was granted to the citizens of the Republic of Turkey.
“Subsequently, many successes were achieved in this field. We are aware that the Turkish maritime sector has a lot to do, even though it has come a long way in both transportation and shipbuilding. We have to work tirelessly towards these goals.
“With these thoughts and feelings, on behalf of the Turkish private sector, I celebrate the 1st of July Maritime and Cabotage Day of our maritime communities and our nation. I extend my deepest respect and affections.”
Saudi Fund for Development looking to provide credit facilities for Lankan importers
Colombo – The Saudi Fund for Development is looking to provide credit facilities for Sri Lankan firms to import raw materials from Saudi Arabia. Accordingly, Lankan Importers importing fertilizer, plastic raw materials, cables and electrical wires from Saudi Arabia will be eligible to obtain credit, which would be given under the ‘Foreign Buyer Credit Assistance’ by […]
Saudi Fund for Development looking to provide credit facilities for Lankan importers
Mr. Ziad Alsabbaly,,Marketing Specialist of Saudi Fund for Development and Ms. Lilakshini De Mel, Chamber officer during the briefing event.
Colombo – The Saudi Fund for Development is looking to provide credit facilities for Sri Lankan firms to import raw materials from Saudi Arabia.
Accordingly, Lankan Importers importing fertilizer, plastic raw materials, cables and electrical wires from Saudi Arabia will be eligible to obtain credit, which would be given under the ‘Foreign Buyer Credit Assistance’ by the Saudi Fund for Development.
Recently, a meeting was conducted by the Saudi Fund for Development at the Ceylon Chamber of Commerce to brief about the credit program. According to Mr. Ziad Alsabbaly, Marketing Specialist of Saudi Fund for Development, the credit facilities will be given with repayment period running up to a minimum of 2 years, while the maximum repayment period will be 10 years. The repayment period would be decided upon the nature of the imports or the project. The minimum grace period for the credit offers would be six months.
Several local firms, including the Chamber members were present during the meeting. Ms. Lilakshini De Mel, Senior Assistant Secretary General of the Ceylon Chamber of Commerce were also present at the occasion.
Some of the participants during the briefing event.
CACCI Former President Yujuico meets KADIN Chairman Rosan Roeslani
Manila – Ambassador Benedicto Yujuico, Immediate Past President of the Confederation of Asia-Pacific Chambers of Commerce and Industry (CACCI), met with the business delegation of the Indonesian Chamber of Commerce and Industry (KADIN Indonesia) led by Chairman Mr. Rosan Roeslani and Mr. Anindya N. Bakrie, CEO, PT Bakrie Global. They met during the Conference of […]
CACCI Former President Yujuico meets KADIN Chairman Rosan Roeslani
Manila – Ambassador Benedicto Yujuico, Immediate Past President of the Confederation of Asia-Pacific Chambers of Commerce and Industry (CACCI), met with the business delegation of the Indonesian Chamber of Commerce and Industry (KADIN Indonesia) led by Chairman Mr. Rosan Roeslani and Mr. Anindya N. Bakrie, CEO, PT Bakrie Global. They met during the Conference of the ASEAN Business Advisory Council held in Manila in April 2017.
The Conference also served as an occasion for KADIN Indonesia and the Philippine Chamber of Commerce and Industry (PCCI) – of which Amb. Yujuico is Chairman – to sign a memorandum of understanding to promote cooperation and partnership for a dynamic development of trade and investments between the Philippines and Indonesia.
Amb. Yujuico invited Mr. Roeslani and Mr. Bakrie to organize a delegation to Sydney to attend the 31st CACCI Conference on September 18-21, 2017 to be held in conjunction with the 10th World Chambers Congress jointly organized by the ICC World Chambers Federation and the Sydney Business Chamber, with the Australian Chamber of Commerce and Industry and Partner Organization.
PCCI & Indonesian chamber to facilitate more investments & trade
Manila – The Philippine Chamber of Commerce and Industry (PCCI), the country’s largest business organization and “Voice of Philippine Business”, and the Indonesian Chamber of Commerce (Kadin), the sole business organization of Indonesia, have signed a memorandum of understanding to promote cooperation and partnership for a dynamic development of trade and investments between the Philippines […]
PCCI & Indonesian chamber to facilitate more investments & trade
Manila – The Philippine Chamber of Commerce and Industry (PCCI), the country’s largest business organization and “Voice of Philippine Business”, and the Indonesian Chamber of Commerce (Kadin), the sole business organization of Indonesia, have signed a memorandum of understanding to promote cooperation and partnership for a dynamic development of trade and investments between the Philippines and Indonesia.
The MOU was signed by PCCI president George T. Barcelon and Kadin chairman Rosan P. Roeslani, head of the Indonesian business delegation that attended a conference of the ASEAN Business Advisory Council last April 28.
Under the MOU, both chambers will work to further enhance existing relations through cooperation in trade investment and economic development. Both will encourage, promote and facilitate the exchange of missions, participate and organize trade fairs, exhibitions, conferences, and seminars.
They also will share market information and market intelligence, and support the maritime connectivity of Davao/General Santos and Bitung through the Roll-On-Roll-Off network and encourage companies to make use of the roro connectivity for the trade of products and commodities as well as cooperation for investments and tourism.
CACCI Conference and World Chambers Congress in Sydney Offer Networking and Learning Opportunities
Taipei – The upcoming 31st CACCI Conference and the 10th World Chambers Congress to held on September 18 -21, 2017 in Sydney will provide delegates many valuable learning and networking opportunities. The 31st CACCI Conference will feature sectoral roundtable discussions and concurrent sessions that will gather government and private sector leaders for dialogue and panel […]
CACCI Conference and World Chambers Congress in Sydney Offer Networking and Learning Opportunities
Taipei – The upcoming 31st CACCI Conference and the 10th World Chambers Congress to held on September 18 -21, 2017 in Sydney will provide delegates many valuable learning and networking opportunities.
The 31st CACCI Conference will feature sectoral roundtable discussions and concurrent sessions that will gather government and private sector leaders for dialogue and panel discussion on important sectoral issues pertaining to SME development, the digital economy, food safety and security, health and education, trade facilitation, and energy and environment, among others.
More than 1,200 delegates from over 110 nations are expected to join the 10th World Chambers Congress. With important delegations from around the world planning their presence – including the 2019 Congress co-organizer, the Brazilian Confederation of Trade and Business Associations – you should not miss your chance to network with your peers.
Former Prime Minister of Finland, Esko Aho, will join the Congress as a Speaker for the Leadership plenary on September 21. From his experience leading Nokia Corporation as the Executive Vice President of Corporate Relations and Responsibility to his celebrated success as the man who led Finland into the European Union, delegates will receive an insight into what it truly means to be a leader.
The closing plenary of the Congress on 21 September will dive in and discuss the future of business within the context of increased digitization, smart manufacturing, the Internet of Things and Information and Communications Technology. Join the exciting discussion as Mr. Robert Wickham, Vice President of Innovation and Digital Transformation at Salesforce, explores the possibilities this change will bring for small- and medium-sized enterprises.
During the special Congress session on “Discover Business Opportunities Through CACCI” on September 19, chamber leaders from CACCI member economies will share information about the economic and business conditions in their respective countries as well as the trade and investment opportunities they offer.
September in Australia kicks off the start of the festival season, with the debut of many exciting events. From food and wine festivals showcasing the very best of their local produce, to floral festivals and half marathons, all held amidst spectacular settings and enjoyable weather, Australia has something for everyone.
Wellington Chamber’s John Milford visits CACCI Secretariat
Taipei – Mr. John Milford, Chief Executive of the Wellington Chamber of Commerce (WCC), called on key officers of the CACCI Secretariat led by Director-General Amb. Victor C. Y. Tseng during his recent trip to Taipei on the week of June 14. During their meeting at the CACCI Secretariat office, Amb. Tseng thanked Mr. Milford […]
Wellington Chamber’s John Milford visits CACCI Secretariat
Taipei – Mr. John Milford, Chief Executive of the Wellington Chamber of Commerce (WCC), called on key officers of the CACCI Secretariat led by Director-General Amb. Victor C. Y. Tseng during his recent trip to Taipei on the week of June 14.
During their meeting at the CACCI Secretariat office, Amb. Tseng thanked Mr. Milford for the continued strong support of WCC for CACCI and its activities over the years, citing its role in hosting two CACCI gatherings in the past -the 11th CACCI Conference held in November 1986 in Rotorua, and the 53rd CACCI Council Meeting held in April 1996 in Wellington. The WCC also received a CACCI delegation led by then President Mr. K. K. Modi in July 2005.
Mr. Milford and Amb. Tseng discussed other possible areas in which the WCC can contribute to CACCI programs, including membership recruitment, policy advocacy work, information sharing through their respective newsletters, and participation in CACCI annual gatherings – such as the upcoming 31st CACCI Conference in september 2017 in Sydney – by either sending delegates or nominating speakers.
Mr. Milford was on his first trip to Taipei, where he was scheduled to meet – along with other businessmen from New Zealand – with other Taiwanese business groups, including the Chinese International Economic Cooperation Association (CIECA), a CACCI Primary Member. Mr. Milford has had extensive experience in the business and retail sector, having been Managing Director of the department store Kirkcaldie & Stains since 2006 before joining WCC.
Sri Lanka Economic Summit 2017 to discuss ways of building its manufacturing competitiveness
Colombo – The upcoming “Sri Lanka Economic Summit 2017” organized by the Ceylon Chamber of Commerce will conduct a dedicated thematic session to discuss, how important it is for the Lankan manufacturing sector to become competitive to attract global markets. The session titled, ‘Realizing New Competitiveness in Sri Lankan Manufacturing’, will line up some of […]
Colombo – The upcoming “Sri Lanka Economic Summit 2017” organized by the Ceylon Chamber of Commerce will conduct a dedicated thematic session to discuss, how important it is for the Lankan manufacturing sector to become competitive to attract global markets.
The session titled, ‘Realizing New Competitiveness in Sri Lankan Manufacturing’, will line up some of the finest industry practitioners to share insights on how local manufacturers can transform to become globally competitive.
Invited speakers will discuss the latest global trends in best manufacturing practices, critical bottlenecks faced by local manufacturers that needs immediate tackling and where the process should begin and also local success stories in niches like carbon black and high value apparels.
The all-important session takes place at a time when the Lankan manufacturers are facing severe pressure from rising costs in input materials, labor and energy costs. Moreover the import protection that has crept in over the years, while helping some industries to survive and grow, whilst hurting others due to higher intermediate input costs.
The two day annual summit will take place on the 25th and 26th July 2017 at the Cinnamon Grand Hotel, Colombo under the theme ‘Execute – Transform – Realize’.
B20 Germany Issues Statement on the US Withdrawal from the Paris Climate Agreement
The Chairs of the Climate and Energy Taskforces of the G20 Engagement Groups Business 20, Civil 20, and Think 20 as well as the Engagement Groups Labor 20, Women 20, and Youth 20 – together with the Foundations 20 – said that they deeply regret the decision of the U.S. President to withdraw the United […]
B20 Germany Issues Statement on the US Withdrawal from the Paris Climate Agreement
The Chairs of the Climate and Energy Taskforces of the G20 Engagement Groups Business 20, Civil 20, and Think 20 as well as the Engagement Groups Labor 20, Women 20, and Youth 20 – together with the Foundations 20 – said that they deeply regret the decision of the U.S. President to withdraw the United States from the Paris Climate Agreement. That is why they have jointly released a Statement on the withdrawal of the United States from the Paris Climate Agreement.
In the Statement, they said that they consider the decision of the U.S. Government to pull out of the Paris Climate Agreement as very short- sighted and irresponsible, as climate change represents one of the largest risks to sustainable development, gender equality, inclusiveness, equitable economic growth, and financial stability.
They asked for a clear signal by the remaining G20 members and urge them to take a lead in the implementation of the Paris Climate Agreement. They also stated that they strongly support climate action and cooperation on the state and municipal levels, both in the United States and by other G20 members.
Stressing that the challenge of climate change is global in nature and requires coordinated solutions and international cooperation, they strongly encouraged the United States to remain in the Paris Climate Agreement.
They said that they are hopeful the G20 Summit in Hamburg will send a strong signal against climate change and that they will continue to support the Paris Climate Agreement and climate action by the G20.
B20 Health Initiative published its final policy paper
Berlin – The B20 Health Initiative has published its final policy paper. The paper is the outcome of five months of intense discussions and hard work among almost 100 taskforce members from 24 countries and diverse economic sectors. Under the leadership of Chair Kemal Malik, Member of the Board of Management at Bayer AG, and […]
B20 Health Initiative published its final policy paper
Berlin – The B20 Health Initiative has published its final policy paper. The paper is the outcome of five months of intense discussions and hard work among almost 100 taskforce members from 24 countries and diverse economic sectors.
Under the leadership of Chair Kemal Malik, Member of the Board of Management at Bayer AG, and Chair Stefan Oschmann, Chairman of the Executive Board & CEO of Merck, the Health Initiative developed five highly relevant recommendations to the G20:
1. Driving Innovation in Healthcare: The G20 members should adopt policies that ensure that the benefits delivered by research and development for more effective diagnostics and therapies are adequately recognized. They should also adopt policies that improve access to healthcare by establishing a pro-innovation ecosystem that prioritizes self-care and empowerment of individuals.
2. Combating Antimicrobial Resistance (AMR): The G20 members should combat antimicrobial resistance, including multidrug-resistant tuberculosis (MDR-TB), by incentivizing R&D of new medicines, advancing preventive measures, and promoting responsible use of antibiotics, as well as supporting capacity building in low- and middle-income countries.
3. Fighting Neglected Tropical Diseases (NTDs): The G20 members should fight NTDs by increasing funding for public health interventions, strengthening cooperation with governments of endemic countries and capacity building, as well as agreeing on more financial support for R&D.
4. Improving Pandemic Preparedness and Response: The G20 members should support ongoing efforts to improve pandemic preparedness and response, including efforts to foster public-private partnerships in a variety of sectors.
5. Advancing Digital Health: The G20 members should endorse the use of Big Data in health by promoting translational data flows as well as protecting individual data. They should also accelerate the provision of a high performance digital health infrastructure by setting clear targets and deploying broadband and mobile connectivity.
The B20 Health Initiative presented its recommendations to the German Health Minister Hermann Gröhe at the B20 Health Conference May 18, in Berlin.
B20 Chair Jürgen Heraeus Outlines the Role the B20 Can Play in Health
Berlin – At the B20 Health Conference held at the Gasometer in Berlin in Mid-May, B20 Chair Jürgen Heraeus welcomed the efforts of the B20 regarding the G20 health track. More than 200 guests from various G20 members and health sectors came together for the first ever B20 health conference to present their recommendations to […]
B20 Chair Jürgen Heraeus Outlines the Role the B20 Can Play in Health
Berlin – At the B20 Health Conference held at the Gasometer in Berlin in Mid-May, B20 Chair Jürgen Heraeus welcomed the efforts of the B20 regarding the G20 health track. More than 200 guests from various G20 members and health sectors came together for the first ever B20 health conference to present their recommendations to the G20.
Heraeus stressed the responsibility of businesses to support the G20 with their advice, expertise, and practical experience to improve health around the world. In his introductory remarks, Heraeus emphasized that the world would not be able to reach the United Nation’s Sustainable Development Goals without substantial investments in health. Even though medical innovations had improved human health tremendously, current health challenges, such as pandemics, spelled enormous costs for the global economy and societies.
The B20 Chair emphasized that the majority of the current health challenges did not know national borders. It follows that cross-country and sectoral cooperation was of the essence if these health challenges were to be tackled effectively. Given the magnitude of the challenges, Heraeus lauded the G20 for placing health on the agenda of this year’s summit with a clear focus on antimicrobial resistance, pandemics, and neglected tropical diseases.
At the same time, Heraeus urged the G20 to establish an environment for innovation and to prioritize the potentials of digital health. He highlighted the need for several policy measures the G20 should consider, including predictable regulatory environments to protect intellectual property, guidelines for the responsible use of antimicrobials, increased funding for research and development to tackle pandemics, and strong digital infrastructures, as well as privacy laws.
Citi and Ceylon CCI empower more rural entrepreneurs
Colombo – The ‘Rural Economic Empowerment Programme initiated by the Citibank in collaboration with the Ceylon Chamber of Commerce and Hatton National Bank in June 2015 assisted over 400 rural entrepreneurs in four rural villages namely; Beralapanathara in Matara District, Dadayamkanda in Ratnapura District, Weheragala in Anuradhapura District and Udappuwa in Puttalam District. The project […]
Citi and Ceylon CCI empower more rural entrepreneurs
Colombo – The ‘Rural Economic Empowerment Programme initiated by the Citibank in collaboration with the Ceylon Chamber of Commerce and Hatton National Bank in June 2015 assisted over 400 rural entrepreneurs in four rural villages namely; Beralapanathara in Matara District, Dadayamkanda in Ratnapura District, Weheragala in Anuradhapura District and Udappuwa in Puttalam District. The project provided business management training as well as technical training and facilitated financial assistance to the needy entrepreneurs through HNB. The assistance provided through the project helped the rural entrepreneurs, who had not had any formal training on business management before to plan and conduct their businesses in a more organized manner and expand their businesses using the financial assistance extended by HNB.
Satisfied with the success of the first phase of the project, Citi Bank decided to continue its partnership with the Ceylon Chamber of Commerce and Hatton National Bank to uplift the livelihoods of people in rural areas by implementing a second phase of the project targeting a few more remote villages of the country.
The second phase of the Rural Economic Empowerment Project will focus on the same objectives as the first phase with a different geographical coverage. The main objective of the project is to economically empower rural entrepreneurs by supporting them to start and manage sustainable income generation activities/micro enterprises. The specific objectives include;
providing entrepreneurship development and business management training, providing technical know-how on income generation/micro enterprises as well as for improvement of quality of products and productivity of business operations, improving financial literacy and financial management skills , improving access to finance through facilitating linkages with banks and formal financial institutes and offering business development services (BDS) to manage the business operations profitably and sustainably
As done in the first phase of the project, Citibank will provide overall direction and financial resources, guidance and professional expertise for training and capacity building of prospective entrepreneurs for successful implementation of the second phase. Citibank’s active support for this initiative epitomizes its commitment towards promoting the livelihood development at grassroots level globally through sustainable financial inclusion. Citi Sri Lanka together with Citi Foundation has engaged in many CSR projects since its inception, demonstrating its dedication towards enhancing the economic opportunities for individuals and families of Sri Lanka and this project is a continuation of their CSR efforts to improve the businesses and living conditions of rural entrepreneurs.
The second phase of the project has planned to assist rural entrepreneurs in a few remote villages in Galle and Anuradhapura Districts. The Ceylon Chamber in collaboration with the Ministry of Agriculture of the Southern Provincial Council and the Galle District Chamber of Commerce identified Maththaka, Niyagama, Poddiwela, Porowagama and Thalgaswala villages with a large number of rural entrepreneurs waiting for both management and financial assistance to improve and expand their businesses. The Chamber and HNB first conducted an awareness session for 81 beneficiaries from above villages and collected baseline data on their current business activities, issues faced by them and assistance required. The project conducted 3 training programs for 61 selected entrepreneurs on introduction to entrepreneurship, generating concrete business ideas and preparation of business plans as per the foundation module of “Way to Improve Your Business” developed by the ILO accredited “Start and Improve Your Business” (SIYB) Program. Mr. Kithsiri Dharmapriya an experienced business management expert accredited as Master Trainer of SIYB as well as IFC “Business Edge” Training Program conducted the training program using a participatory approach. HNB has already disbursed loans to a few beneficiaries, who required urgent assistance and is in the process of evaluating business plans of other trained beneficiaries with the objective of extending loan facilities within the shortest possible time. The project will identify the needs for technical training as well as impediments faced by the project beneficiaries and will facilitate technical training and Business Development Services (BDS) to resolve such issues/impediments.
The second phase activities in Anuradhapura District was commenced in collaboration with the North Central Provincial Council and the Anuradhapura District Chamber of Commerce. The project conducted the awareness session and baseline data collection of prospective rural entrepreneurs in Nochchiyagama and Nachchaduwa Divisional Secretariat areas with the participation of 55 and 56 beneficiaries respectively. HNB officers, who were present at the awareness sessions found that there were many promising entrepreneurs among the participants and had expressed keen interest to extend financial assistance to all entrepreneurs with viable business ideas. The Chamber has now analyzed the baseline data of above beneficiaries and planned to commence business management training based on “Way to Improve Your Business” module by mid June.
The project will work closely with project partners i.e. the Southern and North Central Provincial Council and the District Chambers of Commerce in Galle and Anuradhapura to identify more needy beneficiaries from the selected villages and surrounding areas to expand the beneficiary base to reach the targeted no of beneficiaries well ahead of the targeted dates.
CACCI Secretariat Meets with SME Development Council Chairman
Singapore – Mr. George Abraham, Chairman of the SME Development Council of CACCI, recently met with CACCI Director-General Mr. Amador Honrado Jr. in Singapore. They discussed preparations for the Roundtable Session to be organized by the SMEDC during the 31st CACCI Conference scheduled to take place on September 18, 2017 in Sydney, as well as […]
CACCI Secretariat Meets with SME Development Council Chairman
Singapore – Mr. George Abraham, Chairman of the SME Development Council of CACCI, recently met with CACCI Director-General Mr. Amador Honrado Jr. in Singapore. They discussed preparations for the Roundtable Session to be organized by the SMEDC during the 31st CACCI Conference scheduled to take place on September 18, 2017 in Sydney, as well as Mr. Abraham’s participation in the 10th World Chambers Congress to be hosted by the ICC World Chambers Federation and the Sydney Business Chamber, with the Australian Chamber of Commerce and Industry as Partner Organization.
Mr. Abraham and Mr. Honrado also exchanged views on other activities that the SMEDC Chairman proposes to undertake during the year, including the holding of workshops and training programs for the benefit of CACCI members, particularly SMEs, in cooperatioon with CACCI Primary Members.
FICCI publishes Digital Banking report on India
Taipei – CACCI is pleased to share with all CACCI members the April 2017 issue of “Financial Foresights” – a publication of the Federation of Indian Chambers of Commerce and Industry (FICCI) – which focuses on the topic “Digital Banking: New Horizons in a Cash-Light India”. This FICCI reports presents insightful write-ups contributed by industry leaders from the digital […]
Taipei – CACCI is pleased to share with all CACCI members the April 2017 issue of “Financial Foresights” – a publication of the Federation of Indian Chambers of Commerce and Industry (FICCI) – which focuses on the topic “Digital Banking: New Horizons in a Cash-Light India”.
This FICCI reports presents insightful write-ups contributed by industry leaders from the digital banking space and highlights the prospects of Digital banking in India.
FICCI is a member of the Confederation of Asia-Pacific Chambers of Commerce and Industry (CACCI), the parent organization of the ABA.
CACCI Invites Nominees for IWEC Awards 2017
Taipei – The International Women Entrepreneurial Challenge Awards (IWEC Awards) 2017, an international award for extraordinary women entrepreneurs, will be presented on the campus headquarters of Microsoft in Redmond, Washington in the United States on November 12-14, 2017. CACCI is inviting its Primary and Affiliate members to submit nominations for this year’s IWEC Awards. Established […]
Taipei – The International Women Entrepreneurial Challenge Awards (IWEC Awards) 2017, an international award for extraordinary women entrepreneurs, will be presented on the campus headquarters of Microsoft in Redmond, Washington in the United States on November 12-14, 2017. CACCI is inviting its Primary and Affiliate members to submit nominations for this year’s IWEC Awards.
Established in Barcelona in 2007, the IWEC Awards, with the goal of connecting small and mid-size women business owners globally – those who are already in the global marketplace and want to expand, or are ripe to get into the market and learn from other women leaders. Also an important aspect of IWEC awardees is their commitment to Corporate Social Responsibility programs in mentoring, board participation, community outreach, sustainability, etc.
The awardees and chamber executives will be invited to participate in the annual conference to receive their award and to network and share best practices.
For more information on the IWEC Awards, interested parties may wish to visit the official website: https://iwecawards.com/ .
Sri Lanka launches Private-Public Partnership Unit for investment
Colombo – Sri Lanka will launch its ‘Private – Public Partnership ( PPP) Unit’, set up through a Cabinet decision at the upcoming ‘Sri Lanka Investment and Business Conclave 2017’, which will take place on the 30th May to 01st June 2017, in Colombo. The unit is mandated to source investment from both national and […]
Sri Lanka launches Private-Public Partnership Unit for investment
Colombo – Sri Lanka will launch its ‘Private – Public Partnership ( PPP) Unit’, set up through a Cabinet decision at the upcoming ‘Sri Lanka Investment and Business Conclave 2017’, which will take place on the 30th May to 01st June 2017, in Colombo.
The unit is mandated to source investment from both national and international private sector to drive the national economic agenda. This is the best opportunity to launch the unit as the participants at the conclave are the target audience to source investments to Sri Lanka. The new unit is coming under the Ministry of Finance and is supported and guided by the World Bank.
The launch of the PPP unit at the upcoming ‘Sri Lanka Investment and Business Conclave’ will be witnessed by over 200 Investors and Business partners. Among them would be over 100 investors and business partners from more than 20 countries. Organized by The Ceylon Chamber of Commerce, the “Sri Lanka Investment & Business Conclave 2017”, the event aims to attract much needed Foreign Direct Investors to Sri Lanka, Business partners for Exports and also to promote Tourism, in a bid to help propel the nation’s economic growth to greater heights.
The Conclave 2017, focuses on bringing in investments into the areas of Agriculture, Apparel, Education, Export Manufacturing, Export Services, Infrastructure, Knowledge Services, Tourism and Leisure, Power & Energy, Telecommunications and Related Services, Ports Development, Distribution of Petroleum related products such as LPG & LNG and Recycling of Waste.
You can register to take part in the event via www.invest-srilanka.lk and schedule B2B meetings via online or contact the event secretariat via +94115588818, or email to investsrilanka@chamber.lk or info@chamber.lk
ASEAN-BAC Calls for Nominations for the ASEAN Business Awards 2017
Jakarta – The ASEAN Business Advisory Council (ASEAN-BAC) is seeking nominations for the ASEAN Business Awards 2017. The ASEAN Business Awards (ABA) aims to recognize the outstanding ASEAN enterprises in the region. It disseminates information related to the ASEAN Economic Community and to bring the spotlight to the SMEs that have the potential to become […]
ASEAN-BAC Calls for Nominations for the ASEAN Business Awards 2017
Jakarta – The ASEAN Business Advisory Council (ASEAN-BAC) is seeking nominations for the ASEAN Business Awards 2017.
The ASEAN Business Awards (ABA) aims to recognize the outstanding ASEAN enterprises in the region. It disseminates information related to the ASEAN Economic Community and to bring the spotlight to the SMEs that have the potential to become global economic players in their respective industries.
ABA 2017 will focus on three main categories: 1) The ASEAN 12 Priority Integration Sectors (fisheries, electronic, E-ASEAN/ICT, textiles, logistics, wood-based, rubber, agri-food, healthcare, tourism, automotive, and retail), 2) the Special Awards (Inclusive Business & Friends of ASEAN) and, 3) The 2017 SMEs Excellence Award (Young Entrepreneur, Women, Women in STEM, and SMEs in the categories of Growth, Corporate Social Responsibility, Employment, and Innovation).
In 2017, The ASEAN Business Advisory Council (ASEAN-BAC) in partnership with the Philippine government launched the ASEAN Inclusive Business Awards. Under the Special Awards category of the ABA, it is the first in the region to recognize innovative businesses creating social impact. A winner will be selected from each ASEAN country and will be recognized on the gala night of the ABA.
Nominations for the ASEAN Business Awards 2017 will close on June 15, 2017. For more details, you may visit www.aba2017.com. Should you have any inquiries, please feel free to contact secretariat@asean-bac.org.
CACCI Director-General Attends Berlin Meeting of the Global Chamber Platform
Berlin – CACCI Director-General Amb. Victor C. Y. Tseng represented CACCI in the meeting of the Global Chamber Platform (GCP) held on the morning of May 2, 2017 in Berlin. This year’s GCP discussed the many challenges the global economic environment is currently facing as well as the position of the GCP regarding the […]
CACCI Director-General Attends Berlin Meeting of the Global Chamber Platform
Berlin – CACCI Director-General Amb. Victor C. Y. Tseng represented CACCI in the meeting of the Global Chamber Platform (GCP) held on the morning of May 2, 2017 in Berlin. This year’s GCP discussed the many challenges the global economic environment is currently facing as well as the position of the GCP regarding the outcome of the B-20 Summit.
The GCP was launched in 2002 by the Eurochambres (Association of European Chambers of Commerce and Industry) to develop a coherent framework for Eurochambres and its relations with partner organizations around the world. CACCI joined the GCP in October 2003 during the 11th Annual Congress of Eurochambres, where Mr. K. K. Modi, then CACCI President, was invited as one of the panelists.
The GCP usually holds its annual meeting in conjunction with the Annual Congress of Eurochambres. As GCP member, CACCI has always been invited to attend these annual meetings. For the first time, the GCP was represented at the B-20 Summit from May 2-3 in Berlin as an official networking partner.
CACCI Director General Attends B20 Summit in Berlin
Berlin – CACCI Director-General Amb. Victor C. Y. Tseng represented CACCI at the B20 Summit held on May 2-3, 2017 in Berlin, and had the opportunity to meet with the current B20 Chairman Dr. Jurgen Heraeus. During the two-day high-level event – which served as the highlight of the B20 process – panelists and […]
CACCI Director General Attends B20 Summit in Berlin
Berlin – CACCI Director-General Amb. Victor C. Y. Tseng represented CACCI at the B20 Summit held on May 2-3, 2017 in Berlin, and had the opportunity to meet with the current B20 Chairman Dr. Jurgen Heraeus.
During the two-day high-level event – which served as the highlight of the B20 process – panelists and some 800 B20 affiliated CEOs and representatives from international organizations and politics met in Berlin to discuss the crucial findings and policy recommendations derived from the B20 process.
The B20 Summit allowed for discussions, high- level networking, and high-level business advocacy. German Chancellor and G20 Chair Angela Merkel received the B20 Summary “Shaping an Interconnected World” containing the B20 policy recommendations on May 3 in an official handover ceremony.
Ratepayers winners from fresh bus tender, says Wellington Chamber
Wellington 05/05/2017 – Wellington Chamber of Commerce congratulates Tranzit Group and Uzabus for being the successful bidders for a large part of the bus services across the region. “Ratepayers, as well as taxpayers, are set to benefit from this tender, which will save millions of dollars and deliver a fleet of new and more environmentally […]
Ratepayers winners from fresh bus tender, says Wellington Chamber
Wellington 05/05/2017 – Wellington Chamber of Commerce congratulates Tranzit Group and Uzabus for being the successful bidders for a large part of the bus services across the region. “Ratepayers, as well as taxpayers, are set to benefit from this tender, which will save millions of dollars and deliver a fleet of new and more environmentally friendly buses,” says Chamber Chief Executive John Milford.
“We’re told the new buses will improve air quality by reducing emissions of harmful pollutants, including by at least 38 per cent in Wellington and 84 per cent in the Hutt Valley, and that’s great news. “I’m also delighted that Masterton-based Tranzit has committed to employing as many of the 380 further drivers it needs as it can from the region’s existing workforce, including from the Metlink system, and that it will build 228 new buses, as many as possible of them at Kiwi Bus Builders at Seaview.
“That’s really keeping it local, and we applaud that attitude. “We will now wait to see how the indicated savings will benefit ratepayers, be it in lower rates or fare discounts.”
“Sri Lanka Investment & Business Conclave 2017” Aims to attract Foreign Direct Investors
Colombo – The Ceylon Chamber of Commerce will organize the “Sri Lanka Investment & Business Conclave 2017” from 30th May to 1st June 2017 in Colombo to attract much-needed foreign direct investors, trading partners, and tourists to Sri Lanka in a bid to help propel the nation’s economic growth to greater heights. The Conclave 2017, which will be […]
“Sri Lanka Investment & Business Conclave 2017” Aims to attract Foreign Direct Investors
Colombo – The Ceylon Chamber of Commerce will organize the “Sri Lanka Investment & Business Conclave 2017” from 30th May to 1st June 2017 in Colombo to attract much-needed foreign direct investors, trading partners, and tourists to Sri Lanka in a bid to help propel the nation’s economic growth to greater heights.
The Conclave 2017, which will be held under the theme “Growth through Partnerships” will focus on bringing in investments into the areas of agriculture, apparel, education, export manufacturing, export services, infrastructure, knowledge services, tourism and leisure, power and energy, telecommunications and related services, ports development, distribution of petroleum related products such as LPG an LNG and recycling of waste.
Interested parties can register for the event via www.invest-srilanka.lk and schedule B2B meetings online; or contact the event secretariat via +94115588818, +9411 5588888; or email to investsrilanka@chamber.lk or info@chamber.lk
PCCI to Hold Pakistan International Trade Fair
Karachi – The Federation of Pakistan Chambers of Commerce & Industry (FPCCI) is organizing the Pakistan International Trade Fair (PITF) from 26 to 29 October 2017. To be held at the Expo Centre in Karachi, it will be the first ever trade exhibition of its kind in Pakistan. The PITF will provide great opportunities to […]
Karachi – The Federation of Pakistan Chambers of Commerce & Industry (FPCCI) is organizing the Pakistan International Trade Fair (PITF) from 26 to 29 October 2017. To be held at the Expo Centre in Karachi, it will be the first ever trade exhibition of its kind in Pakistan.
The PITF will provide great opportunities to the world’s potential companies to showcase their products and conduct B2B and B2C. It is a general trade fair where regional pavilions will also be established besides the international pavilion.
CACCI members are invited to participate in the exhibition. The FPCCI being the active member chamber of CACCI will se tup separate CACCI pavilion in which brands of CACCI member countries will be accommodated.
Nepalese FNCCI Elects New Executive Committee Members
Kathmandu – The recently held election of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI) has named new members of the Executive Committee under the leadership of Mrs. Bhawani Rana for the next three years (2017-2020). The new team includes Mr. Shekhar Golchha as the Senior Vice President, Mr. Pramod Shrestha, Mr. Umesh […]
Nepalese FNCCI Elects New Executive Committee Members
Kathmandu – The recently held election of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI) has named new members of the Executive Committee under the leadership of Mrs. Bhawani Rana for the next three years (2017-2020).
The new team includes Mr. Shekhar Golchha as the Senior Vice President, Mr. Pramod Shrestha, Mr. Umesh Lal Shrestha and Mr. Chandra Prasad Dhakal as the Vice Presidents and Mr. Gyanendra Lal Pradhan as the Treasurer.
CACCI Director-General to Attend B20 Summit in Berlin on May 2-3, 2017
Taipei – Amb. Victor Tseng, CACCI Director General will attend the two-day high-level event which will serve as the highlight of the B20 process. The B20 Summit in Berlin will convene world known panelists and some 800 B20 affiliated CEOs and representatives from international organizations and politics to discuss the crucial findings and policy recommendations […]
CACCI Director-General to Attend B20 Summit in Berlin on May 2-3, 2017
CACCI Director General Victor Tseng
Taipei – Amb. Victor Tseng, CACCI Director General will attend the two-day high-level event which will serve as the highlight of the B20 process. The B20 Summit in Berlin will convene world known panelists and some 800 B20 affiliated CEOs and representatives from international organizations and politics to discuss the crucial findings and policy recommendations derived from the B20 process.
The B20 Summit will allow for discussions, high-level networking, and high-level business advocacy. German Chancellor and G20 Chair Angela Merkel is expected to receive the B20 policy recommendations on May 3 in an official handover ceremony.
Amb. Alfonso T. Yuchengco – Former CACCI President, a business tycoon, a remarkable man
Manila – Ambassador Alfonso T. Yuchengco, a remarkable diplomat and businessman in the Philippines, Emeritus Chairman of the RCBC Banking Group, former Chairman of the Asian Bankers Association (ABA) and former President of the Confederation of the Asia Pacific Chambers of Commerce and Industry (CACCI) passed away last Saturday night, April 15, 2017 in Manila […]
Amb. Alfonso T. Yuchengco – Former CACCI President, a business tycoon, a remarkable man
Manila – Ambassador Alfonso T. Yuchengco, a remarkable diplomat and businessman in the Philippines, Emeritus Chairman of the RCBC Banking Group, former Chairman of the Asian Bankers Association (ABA) and former President of the Confederation of the Asia Pacific Chambers of Commerce and Industry (CACCI) passed away last Saturday night, April 15, 2017 in Manila at the age of 94.
Amb. Yuchengco served as CACCI President from 1994-1995. During his tenure, Amb. Yuchengco encouraged members to discuss GATT Uruguay Round opportunities and policies and evaluate its impact on the trade and business environment. He also led a business delegation to Papua New Guinea and conferred with Prime Minister Rt. Hon. Paias Wingti to further evaluate the market opportunities in the country. Under his leadership, the 49th CACCI Council Meeting of 1994 convened 70 delegates from all over Asia Pacific in Port Moresby.
During his presidency, CACCI also strengthened its relationship and recognition with two United Nations’ bodies: ECOSOC (Economic and Social Council) and ESCAP (Economic and Social Council or Asia Pacific). Equally important, during his tenure CACCI and the ICC (International Chamber of Commerce) jointly conducted several international seminars, and planned with UNCTAD/GATT (ITC) intra-regional trade and investments studies, among others.
Moreover, Amb. Yuchengco remained a selected member of CACCI Advisory Board, an exclusive group of former CACCI Presidents in charge of planning and charting the strategic future of the CACCI organization.
Ambassador Yuchengco was one of the most successful and respected businessmen in the Philippines. Aside from banking (RCBC), the range of his family-owned businesses includes insurance, oil exploration, construction, logging, agriculture, communications and manufacturing.
Yuchengco’s group of companies includes RCBC, Rizal Leasing and Finance Corp., Malayan Insurance, Bankers Assurance Corp., Sun Life Grepa Financial Inc., Mapua Institute of Technology, Malayan Colleges Laguna Inc., Malayan High School of Science and Pan Pacific Computer Center Inc..
Other related corporations comprise EEI Corp., Honda Cars in Quezon City and Caloocan, Isuzu Manila, Philippine Integrated Advertising Agency Inc., Pan Malayan Express Inc., Grepalife Medical and Diagnostic Center and Manila Memorial Park Cemetery Inc..
His business acumen and international ties made him a prime candidate for the diplomatic corps. During President Corazon Aquino’s administration, he was appointed Philippine Ambassador to China (1986 to 1988.) He also served as Philippine ambassador to Japan (1995 to 1998) during President Fidel Ramos’ tenure. During President Estrada’s term, he was appointed presidential assistant on APEC matters (1998 to 2000.)
When President Macapagal-Arroyo took over in 2001, he was named roving ambassador in charge of Korea, China and Japan, and was later appointed Philippine Permanent Representative to the United Nations, a position he held until December 2002. He was likewise appointed as presidential adviser on foreign affairs by former President Gloria Macapagal-Arroyo in 2004.
Aside from his business endeavours, Amb. Yuchengco remained very much active in various civic, professional and philanthropic organizations. He was the recipient of many distinguished awards, including The Outstanding Filipino Awardee for 2000.
Amb. Yuchengco’s demise is therefore a great loss to CACCI, leaving a void that is difficult to fill.
We would like to invite all CACCI members to join Amb. Yuchengco’s family in prayer for the eternal repose of his soul.
Inaugural Export Awards for Wellington exporters
Wellington – The success of Wellington exporters will be celebrated at the region’s inaugural ExportNZ ASB Wellington Export Awards in June. Entrants must have a minimum of $100,000 in export revenue and be based in the Wellington region, which includes Horowhenua, Manawatu,Tararua, and Wairarapa down to Wellington. Details were announced by Wellington Chamber of Commerce Chief Executive […]
Wellington – The success of Wellington exporters will be celebrated at the region’s inaugural ExportNZ ASB Wellington Export Awards in June. Entrants must have a minimum of $100,000 in export revenue and be based in the Wellington region, which includes Horowhenua, Manawatu,Tararua, and Wairarapa down to Wellington. Details were announced by Wellington Chamber of Commerce Chief Executive John Milford.
Companies can enter any of four categories – Marsh Innovation in Export Award, MFAT Most Sustainable in Export Award, Wellington Airport Emerging Exporter Award, CentrePort Excellence in Services Export Award. Entrants will be required to describe their company and its achievements in export.
John Milford says the purpose of the awards is to celebrate businesses making it in the export market. “Exporters are the lifeblood of our country and we need to acknowledge their contribution” he said. Entry forms, criteria details, and registration forms are available on the ExportNZ Wellington website. ExportNZ Wellington is overseen by Wellington Chamber of Commerce.
B20 Task Force on Trade and Investment Issues Final Policy Paper & CACCI Secretary General to join discussions
Berlin – The B20 Task Force on Trade and Investment has issued its Final Policy Paper entitled “Creating Benefits for All: Driving Inclusive Growth Through Trade and Investment.” In the paper, the Task Force – of which CACCI President Mr. Jemal Inaishvili is a member – stresses the need to ensure that the benefits of trade […]
B20 Task Force on Trade and Investment Issues Final Policy Paper & CACCI Secretary General to join discussions
Berlin – The B20 Task Force on Trade and Investment has issued its Final Policy Paper entitled “Creating Benefits for All: Driving Inclusive Growth Through Trade and Investment.” In the paper, the Task Force – of which CACCI President Mr. Jemal Inaishvili is a member – stresses the need to ensure that the benefits of trade and investment are even more inclusive than they are already.
The B20 Task Force is proposing recommendations that include three elements: First, domestic and international policies need to enable everyone to take part in the benefits of globalization. Second, issues that would be especially beneficial for inclusiveness should be prioritized in trade and investment negotiations and policies. The third basis for inclusiveness is that trade and investment are determined by rules that ensure fair competition. Addressing these factors would not only help to raise acceptance of globalization but also boost wealth, employment, innovation, and welfare, the Task Force says.
Currently chaired by Germany, the B20 provides a significant platform for the international business community to participate in global economic governance, international economic and trade regulation. The B20 Summit is scheduled to take place on May 2-3, 2017 in Berlin. CACCI Director General Amb. Victor Tseng will represent CACCI in the Summit and, if necessary, present the concerns and interests of CACCI members.
ADFIAP organizes National SME Development Tour in the Philippines and Malaysia
Manila – The Association of Development Financing Institutions in Asia and the Pacific (ADFIAP) isorganizing the “ADFIAP Familiarization Tour on National SME Development” scheduled on June 19-23, 2017 in Manila, Philippines, and on July 10-14, 2017 in Kuala Lumpur, Malaysia. The objective of the five-day program is to provide an opportunity for participants to learn […]
ADFIAP organizes National SME Development Tour in the Philippines and Malaysia
Manila – The Association of Development Financing Institutions in Asia and the Pacific (ADFIAP) isorganizing the “ADFIAP Familiarization Tour on National SME Development” scheduled on June 19-23, 2017 in Manila, Philippines, and on July 10-14, 2017 in Kuala Lumpur, Malaysia.
The objective of the five-day program is to provide an opportunity for participants to learn best practices of specialized financial institutions in the Philippines and Malaysia whose mandates include entrepreneurship development & extension of loans and other financial facilities/services to SME/MSME sectors.
The registration fee per participant for each program is US$ 1,650, which includes lunch, snacks during the program, course materials, course-related trips, and certificate of attendance. Airfare and hotel expenses are for participants’ account.
Founded in 1976, ADFIAP has currently 131 member-institutions in 45 countries. The permanent Secretariat of ADFIAP is based in Makati City, Metro Manila, Philippines. For more information on ADFIAP and the program, interested parties may wish to visit the official website at:http://www.adfiap.org/ .
World Chambers Competition Deadline Extended
Paris – Very good news for the chamber community! The deadline for submitting your projects to the World Chambers Competition has been extended until 04 May. Under the umbrella of the World Chambers Congress, the Competition gives an opportunity for chambers to improve and enhance their services as well as strengthening local SME’s. After a […]
Paris – Very good news for the chamber community! The deadline for submitting your projects to the World Chambers Competition has been extended until 04 May.
Under the umbrella of the World Chambers Congress, the Competition gives an opportunity for chambers to improve and enhance their services as well as strengthening local SME’s. After a thorough evaluation, assessed by a prominent and experienced jury, four finalists will be chosen, in each category, to join their peers in Sydney and present their initiatives live!
We encourage you to evaluate your chamber’s past or recent initiatives, considering the Competition guidelines, and submit a project via the 10th World Chambers Congress website at www.worldchamberscongress.org There are four categories being featured this year: Best CSR project, Best job creation and business development project, Best SMEs financing project and Best unconventional project.
The ICC World Chambers Federation looks forward to receiving your innovative projects. If you have any questions, do not hesitate to contact the Congress team through katherineanchorena@iccwbo.org.
Lankan Business Delegation Visits Moscow, led by Sri Lanka – Russia Business Council
Colombo – A 25 member Sri Lankan business delegation led by Sri Lanka – Russia Business Council of the Ceylon Chamber of Commerce together with the Sri Lankan Embassy in the Russian Federation visited Moscow last week. The business delegation, which was led by President of the Sri Lanka – Russia Business Council, Mr. Isuru […]
Lankan Business Delegation Visits Moscow, led by Sri Lanka – Russia Business Council
Colombo – A 25 member Sri Lankan business delegation led by Sri Lanka – Russia Business Council of the Ceylon Chamber of Commerce together with the Sri Lankan Embassy in the Russian Federation visited Moscow last week.
The business delegation, which was led by President of the Sri Lanka – Russia Business Council, Mr. Isuru Samarasinghe, Managing Director of Unitrades Private Limited was organized in conjunction with the official visit of the Sri Lanka President, His Excellency Maithripala Sirisena to the Russian Federation on the invitation of His Excellency Vladimir Putin, which coincided with 60 years of diplomatic ties between Sri Lanka and Russia.
During the visit, the delegation took part in business forum conducted by the Chamber of Commerce & Industry of the Russian Federation and also took part in B2B meetings with the Russian counterparts. During the forum, Mr. Upul Jayasuriya, Chairman of the Board of Investment of Sri Lanka, made a presentation on the FDI opportunities in Sri Lanka. During the visit, bilateral relations between the two countries were enriched by strengthening the trade ties, sourcing suitable business partners for trade, investments, joint ventures, technology transfer and services and also assisting in expanding existing business contacts of the participants.
The delegation comprised representatives from Akbar Brothers Private Limited, Basilur Tea Exports Private Limited, , Empire Teas Private Limited, Eswaran Brothers Exports Private Limited, Imperial Teas Private Limited, , Maltras International Private Limited, , Regency teas Private Limited, Stassen Exports Private Limited, Unitrades Private Limited, Andrew the travel Company Private Limited, Concord Exotic Voyages (Lanka) Private Limited, Mos-Lanka Holdings Private Limited, Galle Face Hotel, Mac Holdings Private Limited, Mega Trend Lanka Private Limited, Orofini Gems and Jewellery, Avian Technologies Private Limited, Lanka Tractors Limited, The Capital Maharajah Organization Limited, Built Element Limited, Rhino Roofing Products Limited, Jay Sea Foods Processing Private Limited, Consulting Engineers & Contractors Private Limited and The Ceylon Chamber of Commerce.
31st CACCI Conference in Sydney, September 18-31, 2017
I. CACCI Conference’s Key Features 1. Invited experts who will speak on timely and relevant issues of current concern to the chambers and their respective business constituencies 2. Sectoral roundtable discussions and concurrent sessions that will gather government and private sector leaders for dialogue and panel discussion on important sectoral issues pertaining to women […]
31st CACCI Conference in Sydney, September 18-31, 2017
I. CACCI Conference’s Key Features
1. Invited experts who will speak on timely and relevant issues of current concern to the chambers and their respective business constituencies
2. Sectoral roundtable discussions and concurrent sessions that will gather government and private sector leaders for dialogue and panel discussion on important sectoral issues pertaining to women entrepreneurship, youth entrepreneurship, SME development, infrastructure development, the digital economy, and food safety and security, among others.
3. Country presentations will be made by selected CACCI member chambers on current economic conditions in their respective countries and opportunities for trade and investments
4. Attached herewith is a copy of the one-page flyer for the Sydney event, which contains the latest Tentative Program. Please note that:
4a. September 18 will be devoted mainly to sectoral roundtable discussions and internal meetings organized by CACCI.
4b. For the detailed program of the 10th World Chambers Congress from September 19 to September 21, please visit the official Congress website at www.worldchamberscongress.org.
5. The Congress website also provides information on registration procedure and hotel accommodation, as well as on other activities during the three-day event that may be of interest to CACCI members, such as B2B meetings and trade exhibitions (see attached flyers), and tours, among others. It also contains information on special offers for group registration and early-bird rates.
We encourage you and your Chamber’s delegates to visit the Congress website as early as possible in order to register for the event, make your hotel booking, and sign up for any of the other activities that are scheduled to take place at the Congress. We will continue sending updates to all members. In the meantime, should you have questions at this stage, please do not hesitate to let us know.
II. CACCI’s Tentative Program – September 18, 2917
09:00 – 10:30: Product and Service Council Roundtable
Roundtable 1 Asian Council on Water, Energy & Environment (Room C3.6)
Chairman/Moderator: Mr. Gyanendra Lal Pradhan, Executive Chairman, Hydro Solutions Pvt. Ltd.
Invited Speakers: To be advised
Roundtable 2 Asian Council on Food and Agriculture (Room C3.3)
Chairman/Moderator: Mr. Kaveh Zargaran, Secretary General, Federation of Iranian Food Industries Association (To be confirmed)
Invited Speakers: To be advised
10:30 – 10:45: Coffee Break – Foyer Area
10:45 – 12:15: Product and Service Council Roundtable
Roundtable 3 Asian Council on Health and Education (Room C3.6)
Chairman/Moderator: To be advised
Invited Speakers: To be advised
Roundtable 4 Asian Council on Trade Facilitation (Room C3.3)
Chairman/Moderator: Mr. R. B. Rauniar, Managing Director, Interstate Multi-Modal Transport Pvt Ltd
Invited Speakers:
Dr. Esfandar Omidbakhsh, Director-General of International and Regional Organization, Iran Chamber of Commerce, Industries, Mines and Agriculture
12:30 – 13:30: Lunch Break (Room C3.5)
13:30 – 14:30: Policy Advocacy Working Group Meeting (Room C3.3)
14:30 – 16:00: Product and Service Council Roundtable
Roundtable 5 Asian ICT Council(Room C3.6)
Chairman/Moderator: Dr. G. J. Huang, Fellow, Information Industry Institute
Invited Speakers: To be advised
Roundtable 6 SME Development Council(Room C3.3) Chairman/Moderator: Mr. George Abraham, Chairman and Managing Director, GA Group Pte. Ltd.
Invited Speakers:
Mr. Edward C. Du, President, Negros Oriental Chamber of Commerce and Industry
14:00 – 16:00: Advisory Board and Budget Commission Meeting
(Open only to Advisory Board & Budget Commission)
(Room C2.5, CACCI President’s Room)
16:00 – 16:15: Coffee Break – Foyer Area
16:15 – 18:15: 88th CACCI Council Meeting (Room C3.6)
III. ICC WCF 10th World Chambers Congress ‘ Program
September 19-21, 2017
DAY 1: September 19: Business and conflict, Infrastructure, the future of origin. MORE
DAY 2: September 20: Sustainability, global mobility, youth entrepreneurship. MORE
DAY 3: September 21: Leadership, 4th industrial revolution, the World of tomorrow. MORE
Spackman appointment a coup for city, says Wellington Chamber
Wellington – Wellington’s reputation as the creative capital of New Zealand will be greatly enhanced by the appointment of Victoria Spackman as the first director of Te Auaha New Zealand Institute of Applied Creativity, says Chamber of Commerce Chief Executive John Milford. “It’s a real coup for Te Auaha and for Wellington to have Victoria […]
Spackman appointment a coup for city, says Wellington Chamber
Wellington – Wellington’s reputation as the creative capital of New Zealand will be greatly enhanced by the appointment of Victoria Spackman as the first director of Te Auaha New Zealand Institute of Applied Creativity, says Chamber of Commerce Chief Executive John Milford.
“It’s a real coup for Te Auaha and for Wellington to have Victoria Spackman as the start-up director.
“She brings with her a breadth of experience in and knowledge of theatre, television and film, as well as in business, that would be hard to find anywhere else.
“That’s a great mix, and I know she will build Te Auaha into something really special.
“The joint venture by Whitireia and WelTec to establish an institute for visual and performing arts, design, media and other creative disciplines was an inspired move, and Victoria’s appointment tops it off.
“I’m confident that with her at the helm, Te Auaha will soon become known beyond New Zealand, and further drawcard for the city.”
For more information contact Brent Webling 021 821 383
Wellington business confidence climbs back up, Chamber survey shows
Wellington – Business confidence in the Wellington region’s economy has made a sharp reversal to the drop suffered at the end of 2016, according to the latest Wellington Chamber of Commerce Business Confidence Survey, sponsored by Getsmart. A net 52 per cent of business respondents now expect the local economy to improve over the next […]
Wellington business confidence climbs back up, Chamber survey shows
Wellington – Business confidence in the Wellington region’s economy has made a sharp reversal to the drop suffered at the end of 2016, according to the latest Wellington Chamber of Commerce Business Confidence Survey, sponsored by Getsmart.
A net 52 per cent of business respondents now expect the local economy to improve over the next 12 months, a significant improvement on the net positive of just 34 per cent in the December survey. That was itself down from 62 per cent in September.
In the latest survey, just 7 per cent expect the local economy to decline, with 59 per cent expecting it to improve and 33 per cent no change.
But Wellington businesses’ confidence in the national economy has slightly declined, with a net 43 per cent expecting improvement, compared to 48 per cent in the December quarter. Some 53 per cent of respondents expect the national economy to improve, 37 per cent to remain the same, and 10 per cent to decline.
The survey was conducted over a two-week period in March.
In line with the increased optimism in the local economy, a majority of business are indicating a secure outlook for their own business situation. A net 61 per cent say they expect to see an improvement over the next 12 months – compared to 50 per cent in December and 61 per cent in September. Just 8 per cent are pessimistic about the outlook for their own business.
Businesses continue to expect a steady increase in earnings, with a net 57 per cent forecasting an improvement, compared to 53 per cent in December and 55 per cent in September. Of all respondents, 66 per cent expect an improvement while just 9 per cent expect earnings to decline.
The number of businesses forecasting more investment in plant and equipment over the next 12 months has improved to a net 44 per cent from 36 per cent in December. Just 5 per cent are not expecting to invest more, while 49 per cent say they will and 39 per cent say they will spend about the same.
Intentions to hire staff remain positive and are slightly up on December. When asked what changes they expect to staffing numbers over the next three months, a net 33 per cent say they expect to be looking for more staff, slightly up from a net 29 per cent in December.
Finding skilled staff continues to be a challenge for many businesses, with just slight improvement since December. Just 5 per cent say it is now easier to find skilled staff than it was 12 months ago, while 38 per cent say it is harder. When asked unprompted what barriers are holding back their business, an inability to access or attract skilled staff is again the No 1 issue. This is consistent with the Chamber’s surveys in December, September and June last year.
Earthquakes are cited as the single biggest impediment to growth in the local economy by 35 per cent of respondents. This is followed by infrastructure (21 per cent of respondents) and transport issues (20 per cent), specifically roading and the airport.
Chamber of Commerce Chief Executive John Milford says the turnaround in confidence in the region’s economy comes as no surprise.
“Confidence suffered a big hit in December after the earthquake-flood double-hit in November.
“Those events hit confidence hard, and though most businesses were back on their feet within days, they had an impact. That showed clearly in our special earthquake survey, when more than 62 per cent said they were impacted by damage to premises and stock, staff and freight disruption, and a reduction in business activity.
“Despite all that, we did detect an underlying confidence, with most of our numbers still running higher than national expectations, and that has continued in the latest survey.
“In our report in January we predicted there would be positive movement in the March survey, and we have not been disappointed.
“Though issues raised by the earthquake remain top of mind for many businesses and building owners, it’s back to business for most.
“GDP remains strong, even if it’s come back a little, consumer spending is steady, and there are plenty of jobs available.
“The increase in the number of businesses indicating a secure outlook for their own situation, a steady increase in their earnings, increasing investment in plant and equipment, and positivity around hiring intentions is proof that we are back on track.
“We’re a hardy lot, and it shows.”
Wellington businesses also have more confidence in the national economy than other business surveys show, even though the latest survey shows a slight decline.
“The ANZ survey last month showed confidence in the national economy at just a net 16 per cent, down from 21.7 per cent. In our survey, a net 43 per cent were confident the national economy would improve over the next 12 months.
“Locally, we have come through a tough time in pretty good shape, and I expect the optimism shown in this survey to continue to grow.”
Wellington Chamber applauds rates rise restraint
Wellington – Wellington Council has done well to keep the 2016/17 rates increase to 3.3 per cent, in light of the many pressures put on spending, says Wellington Chamber of Commerce Chief Executive John Milford. Mayor Justin Lester made the announcement at his State of the City speech to a Chamber of Commerce event today. “This […]
Wellington – Wellington Council has done well to keep the 2016/17 rates increase to 3.3 per cent, in light of the many pressures put on spending, says Wellington Chamber of Commerce Chief Executive John Milford.
Mayor Justin Lester made the announcement at his State of the City speech to a Chamber of Commerce event today.
“This is a positive outcome, considering we were steering down the barrel of more than a 5 per cent rise, and councillors and officers are to be acknowledged,” Mr Milford said.
“The unbudgeted costs from the earthquake threatened to push it past that mark, but clearly they have been able to find efficiencies from lower priority and reprioritised spending.
“This is something councils should be doing all the time and something the business community has been urging for a long time.
“Businesses have to make those sorts of savings on a daily basis to operate, so it’s pleasing that this council is taking that attitude with ratepayers’ money. Now it needs to continue.
“The council also needs to continue to work on re-prioritisation to ensure rates are spent in the most effective manner possible.
“It’s a separate issue to budget savings but no less important.”
Mr Milford said it was also good to see the council was continuing to work hard on ways to encourage the development of thousands of new houses in the public and private sectors.
“Developing new housing supply is a great way of ensuring housing across the city remains affordable, so the Chamber supports efforts to make best use of what land we have.
“Affordable housing is good for our young people, first home buyers and for helping to attract new people to come here to work and live.
“We don’t want to become an unaffordable city. We won’t grow like that.”
For more information contact Brent Webling 021 821 383
31st CACCI conference to be held in conjunction with 10th World Chambers Congress (WCF) in Sydney
Taipei – We would like to reiterate our invitation for all CACCI officers and members to the 31st CACCI Conference scheduled to take place on September 18-21, 2017 in Sydney, Australia. This year’s CACCI gathering will be held in conjunction with the 10th World Chambers Congress, which is jointly organized by the ICC World Chambers […]
31st CACCI conference to be held in conjunction with 10th World Chambers Congress (WCF) in Sydney
Taipei – We would like to reiterate our invitation for all CACCI officers and members to the 31st CACCI Conference scheduled to take place on September 18-21, 2017 in Sydney, Australia.
This year’s CACCI gathering will be held in conjunction with the 10th World Chambers Congress, which is jointly organized by the ICC World Chambers Federation (ICC WCF) and the Sydney Business Chamber (SBC). As a Strategic Regional Partner of the 10th World Chambers Congress, CACCI is in an important position to connect Congress delegates with business opportunities in the Asia-Pacific region and beyond.
The Sydney event will feature:
Invited experts who will speak on timely and relevant issues of current concern to the chambers and their respective business constituencies
Sectoral roundtable discussions and concurrent sessions that will gather government and private sector leaders for dialogue and panel discussion on important sectoral issues pertaining to women entrepreneurship, youth entrepreneurship, SME development, infrastructure development, the digital economy, and food safety and security, among others.
Country presentations will be made by selected CACCI member chambers on current economic conditions in their respective countries and opportunities for trade and investments.
Attached herewith is a copy of the one-page flyer for the Sydney event, which contains the latest Tentative Program. Please note that:
September 18 will be devoted mainly to sectoral roundtable discussions and internal meetings organized by CACCI.
For the detailed program of the 10th World Chambers Congress from September 19 to September 21, please visit the official Congress website at www.worldchamberscongress.org.
The Congress website also provides information on registration procedure and hotel accommodation, as well as on other activities during the three-day event that may be of interest to CACCI members, such as B2B meetings and trade exhibitions (see attached flyers), and tours, among others. It also contains information on special offers for group registration and early-bird rates.
We encourage you and your Chamber’s delegates to visit the Congress website as early as possible in order to register for the event, make your hotel booking, and sign up for any of the other activities that are scheduled to take place at the Congress.
Updated information on the 31st CACCI Conference and the 10th World Chambers Congress will be sent to all members in due course. In the meantime, should you have questions at this stage, please do not hesitate to let us know.
We are counting on your valuable participation for the successful outcome of our annual gathering in 2017, and we look forward to seeing you in Sydney.
The 31st CACCI Conference’s tentative program is available here:
The Ceylon Chamber marks 178 years of service to its nation
Colombo – The Ceylon Chamber of Commerce, Sri Lanka’s premier Business Chamber will complete 178 years of service to the nation on the 25th March, 2017, marking yet another achievement for an organization, which has played one of the most decisive roles in transforming the commercial landscape of Sri Lanka, since its inception in […]
The Ceylon Chamber marks 178 years of service to its nation
Colombo – The Ceylon Chamber of Commerce, Sri Lanka’s premier Business Chamber will complete 178 years of service to the nation on the 25th March, 2017, marking yet another achievement for an organization, which has played one of the most decisive roles in transforming the commercial landscape of Sri Lanka, since its inception in the 19th century.
The Chamber, Sri Lanka’s first and foremost Business Chamber was established in 1839, to foster and protect the growing commerce of Ceylon. The institution has since evolved with the growth of diverse economic sectors and today represents the interests of the entire business community of the country. In 1939 there were twelve Associations affiliated to the Chamber and nineteen members. Today, there are thirty six Associations and 581 direct members. In total the Chamber has an outreach which reaches to over 7000 companies, island wide.
Mr. Samantha Ranatunge, Chairperson of the Ceylon Chamber of Commerce said that the Chamber has remained a beacon of the private industry of Sri Lanka giving leadership to all sectors of commerce and being guided by the ten principles of the chamber governance which will stand for the development of the industry and the nation at large.
Mrs. Dhara Wijayatilake, CEO of the Ceylon Chamber of Commerce commenting on the event remarked that throughout its history The Ceylon Chamber has made a significant contribution to promote economic development of the country and has maintained its position as the foremost voice of private industry. The private sector has diversified and today offers new challenges which are more formidable than those accepted by the founders. The Chamber prides itself in having adapted to meet those challenges as a responsible voice and in compliance with its core principles in which it continues to place value.
Ceylon Chamber releases note on how government can help SL businesses adjust to trade liberalisation
Colombo – The Ceylon Chamber of Commerce (CCC) on February 17 released a document containing recommendations on helping Sri Lanka’s industries prepare for trade liberalization. The policy brief titled, ‘Building Resilience, Supporting Growth: Preparing the Domestic Private Sector for Trade Liberalization’, provides insights on how to consider the types of firms, as well as types […]
Ceylon Chamber releases note on how government can help SL businesses adjust to trade liberalisation
Colombo – The Ceylon Chamber of Commerce (CCC) on February 17 released a document containing recommendations on helping Sri Lanka’s industries prepare for trade liberalization. The policy brief titled, ‘Building Resilience, Supporting Growth: Preparing the Domestic Private Sector for Trade Liberalization’, provides insights on how to consider the types of firms, as well as types of impacts, in a wide-ranging liberalization effort, and puts forward 11 specific suggestions on support measures.
Speaking on the release of this document, the Chief Economist of the CCC Anushka Wijesinha noted, “At a meeting last year, the Ministry of Development Strategies and International Trade met representatives of the private sector and indicated the Government’s plans to embark on an ambitious trade liberalization effort. Chambers were invited to suggest measures that can be put in place to help domestic businesses adjust to meet the challenges and opportunities of this process.
While specific proposals on support measures can only be developed once the specific scope of the liberalization exercise was made clear, the CCC formulated a note containing the overarching framework the government should consider, and submitted initial recommendations on what support measures can be deployed”.
Japan JCCI President Toru Ishida
Tokyo – Mr. Toru Ishida is currently the president of the Japan Chamber of Commerce and Industry (JCCI) and the Tokyo Chamber of Commerce and Industry. Mr. Ishida took over the position in December 2015. He served as director and vice president of the Japan Alcohol Trading Co., Ltd. from 2013-2014. He was the director […]
Tokyo – Mr. Toru Ishida is currently the president of the Japan Chamber of Commerce and Industry (JCCI) and the Tokyo Chamber of Commerce and Industry. Mr. Ishida took over the position in December 2015. He served as director and vice president of the Japan Alcohol Trading Co., Ltd. from 2013-2014.
He was the director general of the Trade and Economic Cooperation Bureau in 2005 before occupying the same position with the Industrial Science and Technology Policy and Environment Bureau in 2007, both under the Ministry of Economy, Trade and Industry. Mr. Ishida graduated from the faculty of law at the University of Tokyo.
Motivating young women towards importance of entrepreneurship
New Dehli – The Indian Economy has been witnessing a drastic change since mid-1991, with new policies of economic liberalization, globalization and privatization initiated by the Indian Government. India has great entrepreneurial potential. At present, women involvement in economic activities is marked by a low work participation rate, excessive concentration in the unorganized sector and […]
Motivating young women towards importance of entrepreneurship
New Dehli – The Indian Economy has been witnessing a drastic change since mid-1991, with new policies of economic liberalization, globalization and privatization initiated by the Indian Government. India has great entrepreneurial potential. At present, women involvement in economic activities is marked by a low work participation rate, excessive concentration in the unorganized sector and employment in less skilled jobs.
Dr. Manju Kalra Prakash
Any strategy aimed at economic development will be lop-sided without involving women who constitute half of the world population. Evidence has unequivocally established that entrepreneurial spirit is not a male prerogative. Women entrepreneurship has gained momentum in the last three decades with the increase in the number of women enterprises and their substantive contribution to economic growth. The industrial performance of Asia – Pacific region propelled by Foreign Direct Investment, technological innovations and manufactured exports has brought a wide range of economic and social opportunities to women entrepreneurs.
This skills crisis is becoming more critical because the Indian economy is shifting. Not only will the traditional skills of reading, writing, and math be needed to thrive in this economy, but also technological savvy and self-direction.
With the pace of innovation, many of the jobs our youth will hold don’t even exist yet. More than ever, we need to educate students to be continual learners.
These multi-pronged challenges will require a host of different solutions that better engage young people in their education, while also building stronger connections between communities, businesses, and schools.
We believe that expanding the availability of youth Entrepreneurship Education resources should be a critical part of this solution.
The women entrepreneurs are the potentially emerging human resource in the 21st century to overcome the economic challenges in global perspective. The Women of 21st century is no more a traditional resource confined to homes only, rather they are an educated, knowledgeable and innovative part of the overall population possessing the capacity to transform economies into thriving enterprises.
Developing and developed nations have realized that developing women entrepreneurship is indispensable to flourish as economically dominant nation in the modern high-tech world. Therefore, creation of platforms and networks for entrepreneurial culture are prominent issues globally.
To quote Jawaharlal Nehru – “You can tell the condition of a nation by looking at the status of its women”.
I. Emergence economic force
Women owned businesses are highly increasing in the economies of almost all countries. The hidden entrepreneurial potentials of women have gradually been changing with the growing sensitivity to the role and economic status in the society. Skill, knowledge and adaptability in business are the main reasons for women to emerge into business ventures, Women Entrepreneurs is a person who accepts challenging role to meet her personal needs and become economically independent.
A strong desire to do something positive is an inbuilt quality of entrepreneurial women, who is capable of contributing values in both family and social life. With the advent of media, women are aware of their own traits, rights and also the work situations.
The glass ceilings are shattered and women are found indulged in every line of business from pappad to power cables. The challenges and opportunities provided to the women of digital era are growing rapidly that the job seekers are turning into job creators. They are flourishing as designers, interior decorators, exporters, publishers, garment manufacturers and still exploring new avenues of economic participation.
Photo from Vivek India/UNDP India-Disha
In India, although women constitute the majority of the total population, the entrepreneurial world is still a male dominated one. Women in advanced nations are recognized and are more prominent in the business world.
The Government of India has defined women entrepreneurs – An enterprise owned and controlled by one or more women having a minimum financial holding of 51% or more, giving 51% or more employment to women.
The entry of women into business in India is traced out as an extension of their kitchen activities, mainly 3P’s, Pickle, Powder and Pappad. But with the spread of education and passage of time women started shifting from 3P’s to modern 3E’s i.e., Energy, Electronics and Engineering.
More female entrepreneurship exists in developing countries where traditionally higher birth rates prevail. The law and customs of marriage have higher rate of influence whether a woman chooses to be an entrepreneur (Monolova, 2008).
The attitudes and employment practices in low income countries generally speaking are less likely to provide child care, health care and training opportunities to women as employees. At the same time, employers are less likely to provide a comfortable workplace and a set of adequate work practices that allow a woman to both perform satisfactorily on the job and care appropriately for her children (Muhammad, 2008).
As a result, women in low income countries have strong incentives to create their own work environments that are compatible with their child rearing and household responsibilities at the same time (Gem Report, 2004). This tendency is more strengthened in typically lower degree of involvement in child care by fathers in poorer countries.
Consequently women look for home based business opportunities preferably (Brush, Carter and Gatewood, 2006). Issues related to woman’s ability & willingness to create new businesses, concern exists about the survival & growth rates of female owned businesses. Out of the total 940.48 million people in India, in the 1990’s female comprise of 437.10 million representing 46.5% of the total population.
There are 126.48 million women work-force (representing 28.9% of the female population) but as per the 1991 census only 185,900 women accounting for only 4.5% of total self-employed persons in the country were recorded. Majority of them are engaged in the un-organized sector like agriculture, agro-based industries, handicrafts, handloom and cottage based industries.
Participation of women as industrial entrepreneurs, however is comparatively a recent phenomenon commencing from 70’s era onwards. There were more than 295,680 women entrepreneurs claiming 11.2 % of total 2.64 million entrepreneurs in India, during 1995-96. This is almost double the percentage of women (5.2%) among the total population of self-employed during 1981.
On this, a majority was concentrated in low-paid, low-skilled, low-technology and low productivity jobs in the rural and unorganized sector. Almost 79.4 million women workers were in the rural areas as against only 10% (86 million) in the urban areas. Only 2.5 million women workers were in the organized sector and a small percentage of 12.4% were total employed.
During the 8th, 5 year planning period the number of SSI’ s expected to rise from 1.7 million to 2.5 million adding 0.8 million in the 5 year period or 1.60 lakh every year. The rough estimate showed that amongst the SSI entrepreneurs approx. 9% were women entrepreneurs. Their participation, however, is increasing. Thus considering the trend women participation in another 5 years was more than 20%, raising the number of women entrepreneurs to about 500,000.
Therefore one could aim at developing at least 350,000 women entrepreneurs during the 8th five year planning period through training and other developmental efforts. The present rate of 30% success in EDP training was likely to go up-to 45% with growing experience and improved techniques of training and follow-up.
Based on this assumption for getting 3.5 lakh women entrepreneurs it was necessary to train and support about 7.78 lakh entrepreneurs, during the aforesaid period. As per the 2001 census report, there are 22.73% of women workers of the total working population including formal as well as informal sector. In the era of L.P.G (Liberalization, Privatization, Globalization) the Indian women entrepreneurs are very fast entering the non-traditional sectors, which indeed is in response to their greater awareness.
Work participation of Indian women is 22% as per 1991 census and triple in rural areas around 27% and in urban areas 9%, thus the role and involvement of women entrepreneurs in rural sector is tremendously enhancing, the literacy levels increased ratio is also a significant factor of this positive trend in the field of entrepreneurship.
II. The women entrepreneurs over the decades:
WOMEN ENTREPRENEURS OF THE FIFTIES: Compulsive factors led to the creation of women entrepreneurs.
WOMEN ENTREPRENEURS OF THE SIXTIES: Women began to aspire but also accepted the social cultural traditions.
WOMEN ENTREPRENEURS OF THE SEVENTIES: The women in this decade opened up new frontier. They had not only aspiration but ambition.
WOMEN ENTREPRENEURS OF THE EIGHTIES: Women were educated in highly sophisticated, technological and professional education. They became equally contributing partners.
WOMEN ENTREPRENEURS OF THE NINETIES: This was the first time when the concept of best rather than male heir was talked about.
WOMEN ENTREPRENEURS OF THE 21st Century: “Jill of all trade”.
III. Some of the Successful Leading Business Women in India:
Preetha Reddy, Managing Director, Apollo Hospitals.
Priya Paul, Chairman, Apeejay Park Hotels.
Today many women entrepreneurs are diversifying into more technical businesses such as computers, software, technical equipment, etc., other than beauty products / parlour / saloon business, or boutiques, or even restaurants.
The factors that influence becoming entrepreneurs are – Economic independence, self-identify, self-confidence, self-motivation, achievement of excellence, developing risk taking ability and equal status in society.
IV. Conclusion
Age is not a limit nor an exception to realize your true potential or the way you want to live your life. There are entrepreneurs who realize that they do not fit the cubicle job system at a later stage in their life and thus reverted to starting their businesses and then there are some who realized that the only way for them is to start their own business and be their own boss.
Wellington Chamber congratulates Eight Wire
Wellington – Wellington start-up IT Eight Wire is to be congratulated for securing a major contract to build a data exchange platform for the government, says Wellington Chamber of Commerce Chief Executive John Milford. “This is very small business doing some very big things. “They have previously described themselves as ‘three guys and three laptops’, […]
Wellington – Wellington start-up IT Eight Wire is to be congratulated for securing a major contract to build a data exchange platform for the government, says Wellington Chamber of Commerce Chief Executive John Milford.
“This is very small business doing some very big things.
“They have previously described themselves as ‘three guys and three laptops’, but they are clearly outperforming that image with this latest contract that will help allow agencies and NGOs to exchange sensitive information to better target investment in small groups.
“Last year they launched in the United States where they are taking on the likes of Oracle with their unique data transfer offering, and now they are scoring big contracts like this at home.
“This is another success for Wellington’s IT sector and another for the Wellington Regional Development Agency, which helped them get up and running in 2013.”
Indonesian Foreign Affairs Minister meets Sri Lankan business leaders
Colombo – The Honorable A. M. Fachir, Vice Minister for Foreign Affairs of the Republic of Indonesia visited Sri Lanka recently during which time he met with the executive Committee of the Sri Lanka Indonesia Business Council along with other businessmen for a discussion about the business situation between the two countries. Mr Moiz Mohamedally, […]
Indonesian Foreign Affairs Minister meets Sri Lankan business leaders
Colombo – The Honorable A. M. Fachir, Vice Minister for Foreign Affairs of the Republic of Indonesia visited Sri Lanka recently during which time he met with the executive Committee of the Sri Lanka Indonesia Business Council along with other businessmen for a discussion about the business situation between the two countries.
Mr Moiz Mohamedally, Vice President of SLIBC together with Jatinder Biala, Patrick Rodrigo, Sudharshana Jayatilake, Hussain Hashim, Chairman, Dudley Thambinayagam, Mark Gonawela, Cedric Wijegunawardane, Omal Balapatebendi, Kunendran, Udaya Batawala, Akthar Afzal, Yashim Issudeen, Naheem & Ms Cherryl Rodrigo from the Ceylon Chamber of Commerce were present at the discussion.
CACCI Director General Victor Tseng visits FICCI Secretary General Ambika Sharma
New Delhi – CACCI Director-General Amb. Victor C. Y. Tseng visited the Federation of Indian Chambers of Commerce and Industry (FICCI) during his recent trip to New Delhi, India on March 13, 2017. Amb. Tseng was received by FICCI Secretary-General Ms. Ambika Sharma and Mr. Gajendra Badgujar, Liaison Officer and Joint Director for East […]
CACCI Director General Victor Tseng visits FICCI Secretary General Ambika Sharma
New Delhi – CACCI Director-General Amb. Victor C. Y. Tseng visited the Federation of Indian Chambers of Commerce and Industry (FICCI) during his recent trip to New Delhi, India on March 13, 2017.
Amb. Tseng was received by FICCI Secretary-General Ms. Ambika Sharma and Mr. Gajendra Badgujar, Liaison Officer and Joint Director for East Asia. He was joined by Mr. Kenneth Yu, Senior Vice President of CTBC Bank responsible for developing corporate relations, and concurrently Deputy Secretary of Asian Bankers Association, one of the Product and Service Councils of CACCI.
They discussed how FICCI and CACCI can further widen the scope of their bilateral cooperation. and the participation of FICCI in the upcoming 31st CACCI Conference and 10th World Chambers Congress to be held on September 18-21, 2017 in Sydney, Australia.
International investors invited to Sri Lanka conclave in May 2017
Colombo – The Ceylon Chamber of Commerce presents an opportunity to be introduced to the emerging preferred destination for investments in Asia – Sri Lanka. Sri Lanka Investment and Business Conclave 2017 offers the perfect blend of opportunities aimed at enriching institutional, corporate and individual investors and business houses with a comprehensive set of guidelines […]
International investors invited to Sri Lanka conclave in May 2017
Colombo – The Ceylon Chamber of Commerce presents an opportunity to be introduced to the emerging preferred destination for investments in Asia – Sri Lanka. Sri Lanka Investment and Business Conclave 2017 offers the perfect blend of opportunities aimed at enriching institutional, corporate and individual investors and business houses with a comprehensive set of guidelines for their investment decisions, and act as a networking opportunity for introductions to potential business partners with a view of establishing partnerships in Sri Lanka.
The conference titled “Growth through partnerships” will be held from 30th May to 1st June 2017 in the Cinnamon Grand Colombo in association with the Ministry of Foreign Affairs, Ministry of Development Strategies and International Trade, Ministry of Industry & Commerce, Board of Investment of Sri Lanka, Department of Commerce, Sri Lanka Export Development Board, Sri Lanka Convention Bureau.
The conference invites international investors to participate in the conference to learn about investments opportunities, regulations, business ideas, contacts and insights into the local market.
CACCI Planning Committee Meeting Held in Paris on March 2, 2017
Taipei – Representatives of CACCI, the ICC World Chambers Federation (ICC WCF) and the New South Wales Business Chamber (NSWBC) participated in the Planning Committee Meeting held on March 2, 2017 in Paris. The meeting primarily: (a) discussed preparations for the 31st CACCI Conference to be held within the framework of the ICC WCF’s […]
CACCI Planning Committee Meeting Held in Paris on March 2, 2017
Taipei – Representatives of CACCI, the ICC World Chambers Federation (ICC WCF) and the New South Wales Business Chamber (NSWBC) participated in the Planning Committee Meeting held on March 2, 2017 in Paris.
The meeting primarily: (a) discussed preparations for the 31st CACCI Conference to be held within the framework of the ICC WCF’s 10th World Chambers Congress to be co- organized by the NSWBC in September 2017; and (b) reviewed the progress of activities under the CACCI Work Program for 2017.
Heading the CACCI delegation was President Mr. Jemal Inaishvili, while Mr. Peter Mihok, Chairman of ICC WCF, and Mr. Stephen Cartwright, CEO of NSWBC, led their respective organizations. Key CACCI representatives from Bangladesh, Georgia, India, Iran, Japan, Mongolia, Russia, and Pakistan also attended the Paris meeting.
CACCI Planning Meeting in Paris “Preparing for Sydney 18-21 2017”
Paris – Members of the 2017 CACCI Planning Committee led by CACCI President Mr, Jemal Inaishvili, along with key officers and staff members of the ICC World Chambers Federation (ICC WCF) and the New South Wales Business Chamber (NSWBC), met on 2 March 2017 at the ICC Headquarters in Paris, France. Hosted by ICC WCF, he […]
CACCI Planning Meeting in Paris “Preparing for Sydney 18-21 2017”
Paris – Members of the 2017 CACCI Planning Committee led by CACCI President Mr, Jemal Inaishvili, along with key officers and staff members of the ICC World Chambers Federation (ICC WCF) and the New South Wales Business Chamber (NSWBC), met on 2 March 2017 at the ICC Headquarters in Paris, France.
Hosted by ICC WCF, he meeting discussed primarily preparations for the 31st CACCI Conference scheduled to take place in November 2017 in Sydney, Australia.
A total of 22 delegates from 11 countries attended the Meeting, including representatives from Australia, Bangladesh, Georgia, France, India, Iran, Japan, Mongolia, Pakistan, Russia and Taiwan.
I. WELCOME REMARKS BY ICC-WCF CHAIRMAN
Mr. Peter Mihok, Chairman of the ICC World Chambers Federation (ICC WCF) welcomed the CACCI delegation to Paris and reiterated his appreciation to the Confederation for agreeing to hold its 31st CACCI Confederation in conjunction with the ICC-WCF’s 10th World Chambers Congress. He said that the joint event manifests the mutual understanding and great partnership between the two organizations and is certainly good for their respective members. It creates a positive experience for both sides and creates new dimension in their relationships, and certainly constitutes a positive step towards keeping peace and prosperity in the region.
II. WELCOME STATEMENT BY NSWBC CEO
Mr. Stephen Cartwright, CEO of the New South Wales Business Chamber (NSWBC), said it was a privilege for him to attend the first joint meeting ever of CACCI, ICC WCF and NSWBC to discuss preparations for the 10th World Chambers Congress. He underscored the importance of jointly holding the 31st CACCI Conference and the ICCWCF” s 10th World Chambers Congress since members of both organizations no longer have to decide which event to attend, as they often did in previous years when the two gatherings most often took place at about the same time. He added that attendance in the joint event by members of the two organizations increases the value of their participation.
After his brief remarks, Mr. Cartwright proceeded to show a video introducing the Sydney International Convention Center, which will be the venue of the 10th World Chambers Congress and the 31st CACCI Conference.
III. OPENING REMARKS BY THE CACCI PRESIDENT
CACCI President Mr. Jemal Inaishvili thanked Mr. Mihok and Mr. Cartwright for their participation in the Planning Committee Meeting and for their very strong support of the Conference this year. He expressed his appreciation to Mr. Mihok and the other officers and staff of ICC WCF for their warm hospitality and the excellent arrangements made for the meeting to ensure that everything was in order and that the delegates were well taken care of. He likewise thanked the foreign delegates for traveling long distances to participate in the meeting.
Mr. Inaishvili underscored the vital role played by the CACCI Planning Committee in the functioning of the Confederation. He cited its mandate to help implement the decisions of the CACCI Council and to undertake activities that would effectively carry out the programs of the Confederation. He encouraged the delegates to share their views and participate actively in the discussions, and thus contribute to the promotion of CACCI and its objective of regional cooperation.
To give the delegates the opportunity to know each other better, Mr. Inaishvili requested each of them to introduce themselves.
IV. TERMS OF REFERENCE OF THE CACCI PLANNING COMMITTEE
CACCI Director General Amb. Victor C. Y. Tseng informed the Committee that, as agreed during the last CACCI Council Meeting held in November last year in Taipei, and in the spirit of the Partnership Agreement signed between CACCI, the Sydney Business Chambers and the ICC World Chambers Federation in November 2016 in Taipei, the Planning Committee has been mandated to:
Discuss preparations for the 31st CACCI Conference that has been agreed to be held within the framework of the ICC-World Chambers Federation’s 10th World Chambers Congress scheduled to take place on September 19-21, 2017 in Sydney, Australia.
Amb. Tseng noted that the specific task of the Planning Committee Meeting was – jointly with the Sydney Business Chamber and the ICC World Chambers Federation – to identify and work out areas of cooperation and fields of activities that will give substance and significance to the said collaboration and partnership, and to effectively implement these activities.
Review the progress of recent, ongoing and future activities under the CACCI Work Program for 2017; and
Discuss other matters deemed by the Committee to be of importance to CACCI and its members.
Guided by the above Terms of Reference, the Planning Committee proceeded with the agenda on hand.
V. PREPARATIONS FOR THE 31st CACCI CONFERENCE AND THE 10th WORLD CHAMBERS CONGRESS
A. Review of the Latest Program
September 18 Program
Amb. Tseng informed the Committee that the September 18 Program consists mainly of:
breakout sessions and roundtable discussions covering various sectors, during which delegates will feature invited speakers who will discuss recent trends and developments in the sectors concerned, as well as identify possible areas of cooperation among CACCI members in the same sector.
the Policy Advocacy Working Group Meeting, during which delegates will review and finalize a CACCI position paper on policy issue of current concern to members.
meetings of the CACCI Advisory Board and the Budget Commission, during which CACCI officers will discuss internal policy issues concerning mainly with the future direction and programs of CACCI, as well as the financial standing of the Confederation.
88th CACCI Council Meeting, which will be attended mainly by representatives of the various CACCI Primary Members who will discuss matters of current importance to the Confederation
Amb. Tseng further noted that the breakout sessions and the Policy Advocacy Working Group meeting are open to other delegates, while the meetings of the CACCI Advisory Board, Budget Commission, and the 88th CACCI Council are to be attended only by their respective members.
September 19-21 Program
Mr. Anthony Parkes, ICC WCF Director, presented a summary of the Congress program from September 19 to September 21. He pointed out the following:
Day One (September 19) will include sessions on topics such as business, conflict and terrorism; infrastructure; the ATA Carnet; a regional network forum; the future of origin; and skills for tomorrow. The first day will also feature the “Discover Asia-Pacific’s business opportunities through CACCI.
Day Two (September 20) will include sessions on sustainability; global mobility; tourism; changing chamber business models; youth entrepreneurship; chambers using technology; smart cities; and workplace diversity.
Day Three (September 21) will include sessions on World of tomorrow; leadership; new economies; dealing with disruption – business model innovation; increase customer loyalty through big data; humanization, the key to 21st century leadership; and 4th industrial revolution.
B. Update on Speaker Line-Up
Sectoral Roundtable Discussions
Amb. Tseng reported that with regard to the speakers for the various sectoral roundtable discussions on September 18, the CACCI Secretariat has been coordinating with each of the chairmen of the various CACCI Product and Service Council on the speakers to be invited for their respective sessions. Each of these session chairmen will themselves also make their respective presentations during their sessions. Amb. Tseng added that the Secretariat will provide updates on the speaker line-up in due course.
Discover Business Opportunities Through CACCI
Regarding speakers for the session on “Discover Business Opportunities Through CACCI”, Amb. Tseng informed the Committee that CACCI and ICC-WCF have jointly invited five Primary Members to make country presentations, namely:
– Japan Chamber of Commerce and Industry
– Vietnam Chamber of Commerce and Industry
– Chinese International Economic Cooperation Association (Taiwan)
– Indonesian Chamber of Commerce and Industry
– Federation of Indian Chambers of Commerce and Industry
Amb. Tseng reported that to date, the Secretariat has received confirmation from CIECA, adding that the Committee will be updated on the responses from the other invited chambers.
In this regard, Mr. Kazuo Nishitani from Japan CCI intervened to say that the Sydney event will coincide with the general members’ meeting of the JCCI in Tokyo. However, the JCCI will try to organize a business mission to Sydney at that time, and that they will confirm with the CACCI Secretariat in due course whether they will be able to make the country presentation on September 19.
Mr. Pedram Soltani expressed his Chamber’s interest to make a country presentation on Iran at the “Discover Business Opportunities Through CACCI” session on September, and requested the Organizing Committee of the 10th World Chambers Congress to consider accommodating such request. The Committee welcomed the proposal and agreed to include it in the session.
As regards the sectoral roundtable discussions, Mr. Soltani also explored the possibility of including a session on the Sustainable Development Goals (SDGs)The Organizing Committee of the Congress said they will bear this in mind in reviewing and finalizing the program sessions.
(Note: The SDGs, otherwise known as the Global Goals, are a universal call to action to end poverty, protect the planet and ensure that all people enjoy peace and prosperity. These 17 Goals build on the successes of the Millennium Development Goals, while including new areas such as climate change, economic inequality, innovation, sustainable consumption, peace and justice, among other priorities. The goals are interconnected – often the key to success on one will involve tackling issues more commonly associated with another.).
Mr. Soltani likewise suggested the inclusion of Trade Facilitation as one of the topics for the roundtable discussions. CACCI Deputy Director Mr. Amador Honrado responded by saying that one of the CACCI Product and Service Councils – the Asian Council on Trade Facilitation (ACTF) – focuses on this issue. He said that the CACCI Secretariat will consult with the Chairman of the ACTF on the possibility of holding a roundtable discussion on this issue at the Sydney event.
World Chambers Congress Sessions
Mr. Anthony Parkes reported that a number of invited speakers have already confirmed, including the chairmen of the three CACCI Product and Service Councils on youth entrepreneurship, women entrepreneurship, and tourism.
C. Status of Registration of Participants
Amb. Tseng reported that the CACCI Secretariat has so far received positive feedback from Bangladesh, India, Georgia, Vietnam, Japan, Iran, Pakistan, Sri Lanka, the Philippines, and the Philippines. He added that the Secretariat will continue to follow-up on the other member chambers.
Mr. Parkes informed the Committee that as of date, a total of 34 delegates have registered. He called on the meeting participants to encourage their respective Chambers to organize a delegation and request the delegates to register as early as possible.
Mr. Honrado mentioned that the ICC WCF has a special offer to chambers that can organize a group delegation. The special offer was further elaborated on by Ms. Stephanie Vieilledent as follows:
If a chamber from a non-LDC nation can coordinate a group delegation, the said chamber will receive one free entry for every ten paying participants.
If a chamber from an LDC nation can coordinate a group delegation, the said chamber will receive one free entry for every five paying participants.
In addition, the ICC-WCF is also offering support for one participant from a list of LDC countries, including Bangladesh, Cambodia, and Nepal. The offer includes one seat with a funding contribution to travel and Congress registration costs.
Ms. Farida Rashid, Chairperson of the Islamabad Women Chamber of Commerce and Industry, said she would like to organize a delegation of women entrepreneurs from her chamber. CACCI Deputy Director-General Mr. Amador Honrado suggested that she may want to contact the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) to discuss the possibility of making her chamber’s participants as part of the FPCCI delegation, and hence take advantage of the group registration offer by the ICC WCF.
D. Update on Trade Exhibition
Mr. Parkes informed the Committee that a Trade Exhibition will be part of the Congress Program. An extensive exhibition space will provide an occasion for exhibitors to meet with representatives from all facets of the business world. From chamber leaders to CEOs of leading corporations, as well as public sector institutions, the Exhibition aims to serve as a platform to network and showcase products and services directly to top prospects.
The booth layout will include:
– Nine square meters of exhibition space
– Carpeted floor
– Back and side walls
– Company name on fascia over each open side
– Two spotlights
– One standard power outlet
Mr. Parkes pointed out that CACCI will be provided free of charge one booth in the exhibition space.
E. Promotional/Marketing Activities
Amb. Tseng reported that, as of date, the CACCI Secretariat has undertaken the following activities to help drum up participation among our members:
– The Secretariat has sent out the first circular to CACCI members informing them of the Sydney event and encouraging them to attend. The circular was sent out on February 14
– The Secretariat has featured articles and other relevant information on the event in its monthly newsletter, the CACCI Profile
– Announcements have been uploaded on the CACCI website
– Messages have been posted on the CACCI Facebook
– The Secretariat has designed both horizontal and vertical banners for the 31st CACCI Conference, which have all been incorporated into the various circulars and on the website and Facebook postings.
F. CACCI Participation in the World Chambers Competition Judging Process
Mr. Parkes informed the Committee that, as in previous Congresses, a CACCI representative will be invited to be a judge in the World Chambers Competition, and that a member of its leadership will be requested to be a co-presenter at the World Chambers Competition awards ceremony held during the closing ceremony.
According to Mr. Parkes, the World Chambers Competition recognises the most innovative projects undertaken by chambers of commerce and industry from around the world. The application period for the 2017 Competition is now open and will end on 4 April 2017. 32.
The four categories that will be included in the upcoming Competition are the following:
(1) Best CSR project: This category seeks to reward those who have developed a project linking both business and their social responsibility actions to community, philanthropic, environment, workplace and marketplace activities. Such projects can include public-private partnerships and actions designed to advocate sustainable growth. Furthermore, they must underline the business advantages for CSR and ethical business practices as well as reinforce the chamber’s mission of promoting best practices among companies and institutions.
(2) Best job creation and business development project: Chambers of commerce are a force for economic growth, job creation and prosperity. Candidates in this category have either developed a project that boosted growth opportunities for the chamber’s member companies or contributed to job creation in its community, creating a long-term value for the business ecosystem and the society.
(3) Best SMEs financing project: This category will recognize exceptional initiatives and projects led by chambers of commerce that helped its small to medium-sized enterprises (SMEs) and entrepreneurs access finance to address their business operational and development needs.
(4) Best unconventional project: This award will recognize those who have developed an exceptional project in an activity not typically associated with a chamber of commerce’s mission and objectives. The project must be inspirational and innovative, while demonstrating that it fulfilled specific needs and objectives of the chamber and its SME member community, in terms of creating jobs and strengthening their local economies. From environmental programmes, disaster relief, and migration programmes, chambers continue to innovate and change the “status quo,” diversifying their image and reinforcing their relevance within their communities.
Mr. Parkes reported that as of date, no nominations have been received for any of the awards categories, and requested CACCI to encourage its member chambers to submit their respective nominees.
G. CACCI Meeting Room Requirements for the Sydney Event
Amb. Tseng informed the Committee that a list of CACCI’s meeting room requirements for September 18 has been forwarded to the NSWBC for their consideration. The list shows the expected number of attendees for each meeting or session, as well as the required room set-up and equipment requirements.
Amb. Tseng further reported that the NSWBC has already assigned tentative rooms at the Sydney ICC for CACCI meetings on September 18, all of which are located close to each other (see Annex 3). A room for use by the CACCI President and other CACCI officers to conduct private meetings has also been allocated by NSWBC.
H. Other Matters
Mr. Md. Salauddin Yousuf from Bangladesh said that the Federation of Bangladesh Chambers of Commerce and Industry will be organizing a delegation to Sydney, and asked if there are any opportunities for B2B meetings.
Mr. Cartwright and Mr. Parkes informed Mr. Yousuf that the NSWBC accepts expression of interest from delegates for: (a) customized “Meet our members” sector networking and product showcase; (b) One-on-One business matching; and (c) customized delegation visit. However, an advance notice (minimum of three months) is required for the NSWBC to submit a proposal on the necessary arrangements to be made (including costs involved).
Alternatively, the business delegation from FBCCI may consider getting a booth at the Trade Exhibition in which they can meet with businessmen from Australia and other countries who may be looking for trade and investment opportunities in Bangladesh or seeking potential business partners.
VI. REVIEW OF RECENT AND PLANNED CACCI ACTIVITIES AND PROGRAMS FOR 2017
Amb. Tseng presented a summary of CACCI activities and programs that have recently been undertaken as well as those that are being planned fort this year, as follows:
A. Participation in Regional and International Forums
CACCI officers attended the following meetings and forums hosted by other regional and international organizations:
CACCI President Mr. Jemal Inaishvili was invited as Speaker at the Global Diaspora Business Summit held in Singapore on 28-29 November. organized by the GA Group Pts Ltd., a Lifetime Special Member of CACCI
CACCI President Mr. Jemal Inaishvili was accepted as member of the B20 Germany Task Force on Trade and Investment, and attended the first meeting of the Task Force held on December 2 in Berlin and the B20 Conference on December 1.
CACCI attended the 9th Joint Consultation Meeting with ASEAN + 1 Business Councils and Associations organized by the ASEAN Business Advisory Council (ASEAN-BAC) on January 26, 2017 in Manila, Philippines. The ASEAN-BAC invited CACCI as an Observer.
CACCI President Mr. Jemal Inaishvili was invited by the Economic Chamber of Macedonia to participate as speaker in a roundtable on February 17, 2017 marking 95 years of Macedonia’s successful system of commercial chambers.
The B20 Germany has invited President Inaishvili to attend the B20 Joint Taskforce Meeting scheduled to take place on March 22, 2017 in Paris. To be held in cooperation with Business at OECD (BIAC) and the OECD, the final meeting of all B20 Task Forces and Cross-thematic Groups before the B20 Summit in May will focus on the advocacy of B20 recommendations prior to the G20 Sherpa meeting.
President Jemal has also been invited to attend the Global Chamber Platform being organized by the Eurochambres on May 2 in Berlin, coinciding with the B-20 Summit.
B. CACCI Policy Statement on “Promoting Economic Empowerment of Women”
CACCI submitted a copy of the Policy Statement on “Promoting Economic Empowerment of Women” to the APEC Secretariat, the APEC Business Advisory Council, the ASEAN Secretariat, the ASEAN Business Advisory Council, the Eurochambres, the ICC-World Chambers Federation, and United Nations ESCAP as possible inputs into their work on the issue.
C. CACCI Summit Declaration
CACCI also submitted to the aforementioned organizations a copy of the CACCI Summit Declaration issued at the end of the CACCI Summit Meeting held last year in conjunction with the 30th CACCI Conference in Taipei.
D. Publication of the 2016 Year-End Report
The CACCI Secretariat issued the 2016 Year-End Report summarizing the major activities of CACCI last year.
E. CACCI Presidential Visits
The CACCI Secretariat is currently coordinating with member chambers in selected Asian countries on the possibility of receiving a CACCI delegation this year to be led by the CACCI President.
For 2017, President Inaishvili plans to lead a CACCI delegation to Nepal during the first semester, and to Vietnam, Cambodia and Iran during the second semester. The CACCI Secretariat has contacted the Primary Members in these countries to check on their willingness and availability to receive a CACCI delegation this year.
F. Preparations for the 2017 Joint CACCI-WCF-SBC Event in Sydney
The CACCI Secretariat has been coordinating with the ICC World Chambers Federation (ICC WCF) and the Sydney Business Chamber (SBC) on preparations for the holding of the 31st CACCI Conference within the framework of the ICC-WCF’s 10th World Chambers Congress.
G. Publication of the Latest Editions of the Newsletters of CACCI Product and Service Councils
CACCI has recently published the latest editions of the newsletters of the various CACCI Product and Service Councils (Tourism, Food and Agriculture, Women Entrepreneurs, Young Entrepreneurs, and ICT)
ADJOURNMENT
With no other matters to take up, CACCI President Mr. Inaishvili reiterated his thanks to ICC WCF or their warm hospitality to the delegates and the excellent arrangements made for the meeting. He then presented tokens of appreciation to Mr. Peter Mihok, Mr. Stephen Cartwright, and Mr. Anthony Parkes. The meeting was adjourned at 12:05 PM.
CACCI President speaks at the World Chambers Federation Meeting in Paris
Paris – CACCI President Mr. Jemal Inaishvili attended the 1st Meeting for 2017 of the General Council of the World Chambers Federation (WCF) held on March 1, 2017 in Paris, France. As a transnational chamber, CACCI is a Permanent Member of the WCF General Council and is currently represented by President Inaishvili. During the […]
CACCI President speaks at the World Chambers Federation Meeting in Paris
Paris – CACCI President Mr. Jemal Inaishvili attended the 1st Meeting for 2017 of the General Council of the World Chambers Federation (WCF) held on March 1, 2017 in Paris, France. As a transnational chamber, CACCI is a Permanent Member of the WCF General Council and is currently represented by President Inaishvili.
During the Paris meeting, President Inaishvili reported on the 50th Anniversary Celebration and the 30th CACCI Conference held in Taipei in November 2016; the election of new CACCI officers for 2017-2018, including the first woman Vice President of CACCI in the person of Mrs. Magvan Oyunchimeg, CEO of the Mongolian National Chamber of Commerce and Industry; the holding of the CACCI Summit Meeting to chart CACCI’s roadmap for the next five years; the issuance of the CACCI Policy Statement on “Promoting Ecomomic Empowerment of Women”; the presentation of the 1st Asia- Pacific Woman Entrepreneurship Award; and the ongoing survey seeking the views of CACCI members on the impact of Brexit and the Trump presidency (particularly his America-first policy) on their respective national economies and the economy of the Asian region as a whole.
President Inaishvili was accompanied at the meeting by CACCI Director-General Amb. Victor C. Y. Tseng and Deputy Director-General Mr. Amador R. Honrado, Jr.
The WCF is a global network of 12,000 chambers that aims to help individual chambers to become more productive and strengthens links among them. The General Council is the governing body of WCF that sets the strategic direction and development of WCF’s services.
The Kowloon Chamber hosts New Century Elite Development Program about OBOR
Kowloon – The Kowloon Chamber of Commerce (KCC) is organizing the “KCC New Century Elite Development Program 2017” from July 8 to July 27 this year. Held for 17 terms since 1998, the Program is one of the key KCC projects and has trained more than 2,250 university student elites from Mainland China, Taiwan, Macau and […]
The Kowloon Chamber hosts New Century Elite Development Program about OBOR
Kowloon – The Kowloon Chamber of Commerce (KCC) is organizing the “KCC New Century Elite Development Program 2017” from July 8 to July 27 this year. Held for 17 terms since 1998, the Program is one of the key KCC projects and has trained more than 2,250 university student elites from Mainland China, Taiwan, Macau and Hong Kong. The two-week program includes seminars and visits to enterprises.
This year’s program is divided into two training sessions, the first one will be from July 9 to July 15 to be conducted by a university in Mainland China, and the second part will be from July 16 to July 21 to be conducted in Hong Kong.
Featuring the subject of “The Influences of the Belt and Road Initiative on Economic Development of Greater China and the Promotion of Chinese Medicine,” the first week of the Program will be held in Xiamen, the birthplace of the Maritime Silk Road, by the Xiamen University. The total expected participants will be around 100, which will be divided as follows:
30 students from Mainland;
20 students from Taiwan;
30 students from Hong Kong;
10 students from Maritime Sild Road/South Asian countries;
4 students from Macau;
6 students majoring Chinese medicine in China
For more information on the Program, interested parties may wish to contact KCC Assistant Secretary Ms. Chen: chenmin@hkkcc.org.hk.
Ceylon Chamber of Commerce issues recommendations about trade liberalization
Colombo – The Ceylon Chamber of Commerce today released a document containing recommendations on helping Sri Lanka’s industries prepare for trade liberalization. The policy brief titled, ‘Building Resilience, Supporting Growth: Preparing the Domestic Private Sector for Trade Liberalization’, provides insights on how to consider the types of firms, as well as types of impacts, in […]
Ceylon Chamber of Commerce issues recommendations about trade liberalization
Colombo – The Ceylon Chamber of Commerce today released a document containing recommendations on helping Sri Lanka’s industries prepare for trade liberalization. The policy brief titled, ‘Building Resilience, Supporting Growth: Preparing the Domestic Private Sector for Trade Liberalization’, provides insights on how to consider the types of firms, as well as types of impacts, in a wide-ranging liberalisation effort, and puts forward 11 specific suggestions on support measures.
Speaking on the release of this document, the Chief Economist of the CCC Anushka Wijesinha noted, “At a meeting last year, the Ministry of Development Strategies and International Trade met representatives of the private sector and indicated the Government’s plans to embark on an ambitious trade liberalization effort. Chambers were invited to suggest measures that can be put in place to help domestic businesses adjust to meet the challenges and opportunities of this process. While specific proposals on support measures can only be developed once the specific scope of the liberalization exercise was made clear (products, sectors, and so on) the CCC formulated a note containing the overarching framework the government should consider, and submitted initial recommendations on what support measures can be deployed”.
This document has now been published for wider dissemination, with the aim of stimulating discussion, as well as action, on the next steps. It is available for download on the CCC website www.chamber.lk.
CACCI takes part in the Association Management Course conducted by PCAAE
Manila – CACCI Deputy Director-General Mr. Amador Honrado Jr. attended the Association Management Course organized by the Philippine Council of Associations and Association Executives (PCAAE) on February 16, 2017 at the A. Venue Hotel in Makati City, Philippines. Attended by some 35 representatives of various member associations of PCAAE, the one day course is […]
CACCI takes part in the Association Management Course conducted by PCAAE
Manila – CACCI Deputy Director-General Mr. Amador Honrado Jr. attended the Association Management Course organized by the Philippine Council of Associations and Association Executives (PCAAE) on February 16, 2017 at the A. Venue Hotel in Makati City, Philippines.
Attended by some 35 representatives of various member associations of PCAAE, the one day course is part of the Certified Profession Association (CPAE) Program conducted by the PCAAE for its members and associates. In its invitation letter to CACCI and ABA, the PCAAE pointed out that association management is a distinct field of management because of the unique environment of associations in which their “owners” are dues-paying members.
“Association executives/managers are responsible for many tasks similar in other organizational contexts such as human resource management, financial management, meeting management, IT management, and project management. However, other aspects of management to be covered by the program which are unique to association managers include: membership recruitment, retention and engagement; membership value proposition; development of non-dues revenue and stakeholder relationship,” the PCAAE explained in its course promotional material.
The PCAAE is a membership organization serving the interest of institutions and professionals that manage business, trade, professional, philanthropic, scientific, medical, educational, technical, social welfare, agricultural and other non-profit organization.
The main resource persons were Mr. Octavio Peralta, PCAAE CEO and Founder and Secretary General of the Association of Development Financing Institutions in Asia and the Pacific (ADFIAP) and Mr. Enrique Florencio, Knowledge Resources Executive and Sustainability Officer, ADFIAP.
I. Course Coverage
The one-day course covered three major topics, namely: Roles and Activities of Associations, Attributes of a Successful Association, and Why Associations Fail.
II. Roles and Activities of Associations
The topics discussed during this session included the following: (a) Scope of Purposes; (b) Strategic Goal; (c) Constituent Relationship; (d) Perspective on Relevance; (e) Types of Initiatives Supported; (f) Posture relative to financial opportunity; (g) Sources of funding; (h) Application of funds.
The session speaker Mr. Octavio Peralta noted that the Association Vision is what the association aspires to be; its vision statement is where the organization will be in the distant future, the results it wants to achieve, or the measurable impact it wants to make ; and the vision keeps the association on course to fulfill its purpose.
The speaker pointed out the roles of the Association, its members, its Board, its President or Chairman, its Executive Officer, and its staff as follows:
a. Associations accomplish their goals with the help of the staff, volunteers (including the Board), and members.
b. Members elect the Board to act on their behalf.
c. The Board sets directions and makes decisions on behalf of the Association, and delegates work to volunteer committees, task forces or staff.
d. The President (or Chairman) ensures that the Board fulfills its responsibilities.
e. The Executive Officer (CEO, Executive Director, or Director- General) implements Board decisions and reports directly to the Board.
f. The staff do the work of the association and reports to the executive Officer.
g. Whether staff or volunteer, it is important to understand specific roles to avoid confusion or conflict. h.
h. Each key stakeholder plays a specific role:
– Members decide who will be in the Board.
– Board decides what things have to be done.
– Staff implements the Board decisions and decide how things are to be done.
i. By working together, the members, Board and staff ensure that the association achieves the common purpose of its members.
Regarding membership aspects, the speaker observed that member acquisition include awareness and recruitment; successful recruitment involves understanding target prospects- who, what, where, when and how they are reached; Successful recruitment involves creative design that drives interest and promotes receptivity to the message; and member retention includes 3 steps: engagement, renewal, and reinstatement.
III. Attributes of a Successful Association
This session identified some of the important characteristics of a successful association. According to the speaker, these include:
(a) Customer service culture – A “we are here to serve you” approach is built into the organizational structure and processes.
(b) Alignment of products and services with purpose – Service offerings are consistent with the organization’s purpose which remains central and unchanging even in the midst of changes in the external environment.
(c) Data-driven strategies – The organization not only gathers and analyzes information but also has effective processes for taking action based on what it has learned.
(d) Dialogue and engagement – An internal conversation continually occurs among staff, Board and members about the Association’s direction and priorities.
(e) The CEO as a broker of ideas – The CEO facilitates visionary thinking throughout the organization.
(f) Organizational adaptability – Remarkable associations learn from and respond to change; although willing to change, they also know what not to change.
(g) Alliance building – Associations that are secure and confident in their own right seek partners and projects that complement their purpose and mission.
IV. Summary
The speaker noted that for an organization to realize success from failure, (a) know why you exist and stay true to that purpose, (b) serve and appreciate your membership, and (c) keep your eyes and ears attuned to what is around you. Remember that it is not the failure itself, but the failure to learn from it and move on, that is the biggest problem for an association.
Wellington Chamber of Commerce welcomes Hilton Brand
Wellington – Wellington’s image will be enhanced by the arrival of a 4½-star Hilton-brand hotel in the centre city, says Chamber of Commerce Chief Executive John Milford. “Having a DoubleTree by Hilton is great news for the city, and makes up for the disappointment of earlier plans for a 5-star Hilton Hotel falling through due […]
Wellington Chamber of Commerce welcomes Hilton Brand
Wellington – Wellington’s image will be enhanced by the arrival of a 4½-star Hilton-brand hotel in the centre city, says Chamber of Commerce Chief Executive John Milford.
“Having a DoubleTree by Hilton is great news for the city, and makes up for the disappointment of earlier plans for a 5-star Hilton Hotel falling through due to site issues.
“It adds to our already excellent portfolio of top hotels, and its location will bring its clients right into the heart of the retail ‘Golden Mile’.
“Developer Mark Dunajtschik clearly did a great job of restoring the distinctive old building to its former glory. Even though that was not his first wish for it, he is to be congratulated on an outcome that was good enough to attract the eye of the Hilton brand.
“This will be very positive for tourism, not just by adding 108 rooms, but in attracting overseas tourists who trust the Hilton brand.
“Let’s hope it leads to a 5-star Hilton coming here eventually.”
For more information contact Brent Webling 021 821 383
CACCI survey – The Impact of Trump’s “America-First” Policy and Brexit on Asia?
To: All CACCI Primary Members Re: Request for Members’ Views on the Impact of Brexit and the Trump Presidency on the Region’s Economies The UK’s decision to leave the European Union (Brexit) on June 23, 2016 and the election of Donald Trump on November 8, 2016 have brought uncertainties – in varying degrees – to the […]
CACCI survey – The Impact of Trump’s “America-First” Policy and Brexit on Asia?
To: All CACCI Primary Members
Re: Request for Members’ Views on the Impact of Brexit and the Trump Presidency on the Region’s Economies
The UK’s decision to leave the European Union (Brexit) on June 23, 2016 and the election of Donald Trump on November 8, 2016 have brought uncertainties – in varying degrees – to the business community worldwide.
President Donald Trump withdrew from TPP (Trans Pacific Partnership) on his first day in office, promised to re-negotiate trade deals such as NAFTA soon, and proposed to negotiate one-to-one trade deals with other nations.
From the other side of the Atlantic, UK’s vote against continued membership in the European Union has caused turmoil in Europe and has sent shockwaves to the rest of the world.
CACCI would like to know your opinion on these two important international events and how they might affect your national economies as well as the Asian region as a whole. We would therefore appreciate it very much if your Chamber could provide us your thoughts on the following 2 questions:
1. What does the shift in U.S. economic and trade policy under the Trump Administration (espousing the so-called “America First” policy) mean for your country and for Asia as a whole?
2. What do you think are the economic consequences of Brexit for your country and for the region as a whole, and what are its geopolitical implications for Asia?
We hope to compile and summarize members’ responses to the above questions into an article to be featured in the CACCI Profile, our monthly newsletter. It would therefore be much appreciated if we hear from you on or before February 28, 2017.
Thanking you in advance for your kind cooperation.
Sincerely yours,
Amb. Victor C. Y. Tseng Director-General, CACCI
CACCI members invited to “Nepal Investment Summit”
Nepal – CACCI would like to convey an invitation from the Investment Board of Nepal to participate in the “Nepal Investment Summit” to be held in Kathmandu, Nepal on March 2-3, 2017. Featuring the theme of “Harnessing Investment Opportunities in Nepal,” the two-day event is jointly organized by Ministry of Industry and Investment Board of […]
CACCI members invited to “Nepal Investment Summit”
Nepal – CACCI would like to convey an invitation from the Investment Board of Nepal to participate in the “Nepal Investment Summit” to be held in Kathmandu, Nepal on March 2-3, 2017.
Featuring the theme of “Harnessing Investment Opportunities in Nepal,” the two-day event is jointly organized by Ministry of Industry and Investment Board of Nepal, aiming to promote Nepal as the attractive investment destination for the next decade.
To be inaugurated by the Right Honorable Prime Minister of Nepal, the Summit will provide a platform for foreign investors to interact with the representatives of government agencies and domestic ventures to explore business opportunities in Nepal. Attached, for your perusal, are the official invitation letter and the event brochure.
Manila – The Deputy Director-General Mr. Amador Honrado Jr. represented the Confederation of Asia-Pacific Chambers of Commerce and Industry (CACCI) at the 9th Joint Consultation Meeting with ASEAN + 1 Business Councils and Associations held on January 26, 2017 in Manila, Philippines. The Consultation Meeting was organized as part of the program of the 69th ASEAN-BAC Meeting […]
Manila – The Deputy Director-General Mr. Amador Honrado Jr. represented the Confederation of Asia-Pacific Chambers of Commerce and Industry (CACCI) at the 9th Joint Consultation Meeting with ASEAN + 1 Business Councils and Associations held on January 26, 2017 in Manila, Philippines. The Consultation Meeting was organized as part of the program of the 69th ASEAN-BAC Meeting held in conjunction with the launching of “ASEAN 50 Philippines 2017.”
It was the first time CACCI was invited to a Joint Consulting Meeting regularly organized by the ASEAN Business Advisory Council (ASEAN BAC) with ASEAN Business Councils and Associations from various Dialogue Partners of ASEAN. CACCI attended the Manila meeting as an Observer.
The ASEAN BAC was formed following decision of the ASEAN Leaders at the 7th ASEAN Summit and launched in April 2003, with the mandate to provide private sector feedback and guidance to boost ASEAN’s efforts towards economic integration.
Welcome Dinner on January 25
Prior to the Consultation Meeting proper, Mr. Honrado was invited to the Welcome Dinner hosted for all participating members of the ASEAN BAC. Held at the Conrad Hotel on January 25, the Welcome Dinner was attended by some 150 representatives of the local business community, the diplomatic corps, and key government officials of the Philippines.
During the Dinner, Mr. Honrado met with members and officers of the Philippine Chamber of Commerce and Industry (PCCI) – including PCCI President Mr. George Barcelon and Former CACCI President Amb. Benedicto Yujuico. He also discussed with some of the attendees on possible joint collaboration between CACCI and their respective organizations, particularly in the area of training and capacity building for CACCI members in other countries.
3rd NTB Steering Committee Meeting
Before the start of the Joint Consultation Meeting on January 26, Mr. Honrado was invited to attend – as an Observer – the 3rd Meeting of the Non-Tariff Barrier (NTB) Steering Committee under the ASEAN-BAC. The Meeting primarily discussed the progress on the work of the NTB Working Group and other related task forces, and their future action plans and targets on eliminating or minimizing the existing non-tariff barriers among ASEAN member countries.
Progress reports were also made on the following:
The ASEAN Solutions for Investments, Services and Trade (ASSIST), which is a trade facilitation tool aimed at delivering practical solutions to ASEAN based enterprises for specific intra-ASEAN cross border problems in a timebound manner, developed in collaboration with the ASEAN Regional Integration Support from the EU (ARISE).
The ASEAN Tariff Finder, which is a tool to help businesses, especially MSMEs, to obtain up-to-date information on the preferential tariffs applied under ATIGA and the ASEAN+1 free trade agreements.
Joint Consultation Meeting on January 26
The Joint Consultation Meeting was co-chaired by Dr. Mohd Munir Abdul Majid, Chairman of Bank Muamalat Malaysia Berhad, and Mr. Robert Yap Min Choy, Deputy Chairman and Executive Director of Y3 Technologies from Singapore.
The Meeting agenda and discussions included the following:
Presentation from the Conference of Asia Pacific Express Carriers (CAPEC) on the Removal of NTB/NTM (non-tariff measures) in logistics industry
Presentation by the ASEAN-Japan Business Council on the ASEAN-Japan Innovation Network Platform
Presentation by the EU-ASEAN Business Council on preparations for the ASEAN-EU Business Summit scheduled to take place on March 9, 2017
Updates from other Joint Business Council Members
The meeting Chairman introduced Mr. Honrado as representing CACCI, which was acknowledged as an Observer in the Meeting. He was then requested to introduce the Confederation and its activities to the other meeting participants. Mr. Honrado thanked the ASEAN-BAC for inviting CACCI to the meeting. He pointed out that most of the issues being discussed by the Joint Consulting Meeting are the same issues being taken up by CACCI members in their meetings and conferences. Mr. Honrado thereby expressed CACCI interest to participate in future Joint Consultation Meetings and provide inputs to the discussions and formulation of recommendations by the ASEAN-BAC.
The ASEAN-BAC Chairman offered to distribute to the meeting participants copies of the CACCI Powerpoint presentation prepared earlier by Mr. Honrado to enable them to know more about CACCI and its activities.
CACCI Officers to meet in Paris in March – Join now!
Paris – CACCI members are invited to attend the meeting of the CACCI Planning Committee scheduled on March 2, 2017 to be held at the Headquarters of the ICC World Chambers Federation in Paris. The meeting will primarily: (a) Discuss preparations for the 31st CACCI Conference to be held within the framework of the ICC […]
CACCI Officers to meet in Paris in March – Join now!
Paris – CACCI members are invited to attend the meeting of the CACCI Planning Committee scheduled on March 2, 2017 to be held at the Headquarters of the ICC World Chambers Federation in Paris.
The meeting will primarily: (a) Discuss preparations for the 31st CACCI Conference to be held within the framework of the ICC World Chamber Federation’s 10th World Chambers Congress to be co-organized by the Sydney Business Chamber in September 2017; and (b) Review the progress of activities under the CACCI Work Program for 2017.
For further information please contact CACCI Secretariat to receive the Annotated agenda, discussion papers, and hotel accommodation upon confirmation of attendance.
SLSBC concludes successful Trade and Investment Promotion Mission to Singapore
Colombo – The Sri Lanka- Singapore Business Council (SLSBC) of the Ceylon Chamber of Commerce successfully concluded a business mission to Singapore recently. The mission was organized to coincide with the SBF Seminar on Doing Business and Opportunities in Sri Lanka followed by One-to-One Business Meetings held by the Singapore Business Federation (SBF). The objective […]
SLSBC concludes successful Trade and Investment Promotion Mission to Singapore
Colombo – The Sri Lanka- Singapore Business Council (SLSBC) of the Ceylon Chamber of Commerce successfully concluded a business mission to Singapore recently. The mission was organized to coincide with the SBF Seminar on Doing Business and Opportunities in Sri Lanka followed by One-to-One Business Meetings held by the Singapore Business Federation (SBF).
The objective of the SBF Seminar was to educate Singaporean companies on the potential opportunities in doing business with Sri Lanka. The event was attended by over 90 participants from 74 well established Singapore companies The Seminar concluded with scheduled one on one business meetings between the representatives of the Singapore companies and the Sri Lankan delegates as well as with the opportunity for the Singaporeans to interact with the official from the Board of Investment of Sri Lanka and clarify matters relating to potential investments.
Sydney will host CACCI 31st Annual Conference
Taipei – CACCI announced the venue and co-hosts of this year’s annual gathering during the recently-concluded 30th CACCI Conference in Taipei. The 31st CACCI Conference will be held in Sydney, Australia within the program of the ICC World Chamber Federation’s (ICC-WCF) 10th World Chambers Congress (WCC) on September 19-21, 2017. The 10th WCC is jointly […]
Taipei – CACCI announced the venue and co-hosts of this year’s annual gathering during the recently-concluded 30th CACCI Conference in Taipei. The 31st CACCI Conference will be held in Sydney, Australia within the program of the ICC World Chamber Federation’s (ICC-WCF) 10th World Chambers Congress (WCC) on September 19-21, 2017. The 10th WCC is jointly organized by the Sydney Business Chamber (SBC), a division of New South Wales Business Chamber, and the ICC-WCF, in partnership with the Australian Chamber of Commerce and Industry (ACCI) and CACCI. CACCI signed a partnership agreement with the SBC and the ICCWCF covering their collaboration in the holding of the CACCI Conference within the framework of the ICC WCF’s 10th World Chambers Congress.
CACCI signs partnership agreement with Sydney Business Chamber (SBC) and the ICC World Chambers Federation (ICC-WCF) for the Sydney 2017 Conference and the 31st CACCI Conference.
The signing ceremony was held during the 87th CACCI Council Meeting held on November 24, 2016 in Taipei in conjunction with the 30th CACCI Conference. The signatories were CACCI Director-General Amb. Victor C. Y. Tseng, ICC-WCF Director Mr. Anthony Parkes, and NSW Business Chamber Chief Operating Officer Mr. Darren Cocks.
CACCI Planning Committee Meeting in Paris March 2 2017
Paris – 2017 CACCI Planning Committee Meeting is scheduled on March 2, 2017 and will be held at the headquarters of the ICC World Chambers Federation in Paris. The meeting will primarily discuss preparations for the 31st CACCI Conference to be held in conjunction with the ICC World Chamber Federation’s 10th World Chambers Congress, which […]
CACCI Planning Committee Meeting in Paris March 2 2017
Paris – 2017 CACCI Planning Committee Meeting is scheduled on March 2, 2017 and will be held at the headquarters of the ICC World Chambers Federation in Paris. The meeting will primarily discuss preparations for the 31st CACCI Conference to be held in conjunction with the ICC World Chamber Federation’s 10th World Chambers Congress, which will be co-organized by the Sydney Business Chamber in September 2017.
It will also review the progress of activities under the CACCI Work Program for 2017. Further information (e.g., agenda, discussion papers, hotel accommodation) will be sent to members upon confirmation of attendance. For interested parties, please email the CACCI Secretariat at cacci@cacci.biz for more details.
Iran Chamber names new Deputy President for International Affairs
Tehran – Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) named Dr. Mohammad Reza Karbasi as its new deputy president for international affairs. Dr. Karbasi concurrently serves as secretary general of the Iranian National Committee of Economic Cooperation Organization (ECO) Chamber of Commerce and Industry, and director general of Islamic Chamber Research and Information […]
Iran Chamber names new Deputy President for International Affairs
Tehran – Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) named Dr. Mohammad Reza Karbasi as its new deputy president for international affairs. Dr. Karbasi concurrently serves as secretary general of the Iranian National Committee of Economic Cooperation Organization (ECO) Chamber of Commerce and Industry, and director general of Islamic Chamber Research and Information Center (ICRIC).
Shafei elected as Iran Chamber president
Tehran – Gholam Hossein Shafei was recently elected as the head of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA). Shafei gained the top position in the Iranian Chamber of Commerce by winning 198 votes versus his rival Masoud Khansari with 194 votes. Gholam Hossein Shafei had previously chaired Iran Chamber of Commerce. He […]
Tehran – Gholam Hossein Shafei was recently elected as the head of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA). Shafei gained the top position in the Iranian Chamber of Commerce by winning 198 votes versus his rival Masoud Khansari with 194 votes. Gholam Hossein Shafei had previously chaired Iran Chamber of Commerce. He served as vice president for 2 terms.
B20 calls for open markets and inclusive growth
Hamburg – Members of the B20, expressing concern about current antiglobalization sentiments being witnessed in many countries around the world, urge governments to resist the temptation to resort to protectionist measures such as trade barriers or investment restrictions. This is the message conveyed by the statement that the B20 issued and shared with G20 Sherpas […]
Hamburg – Members of the B20, expressing concern about current antiglobalization sentiments being witnessed in many countries around the world, urge governments to resist the temptation to resort to protectionist measures such as trade barriers or investment restrictions.
This is the message conveyed by the statement that the B20 issued and shared with G20 Sherpas – composed of personal representatives of the heads of G20 member governments – prior to their first meeting under German presidency during the week of December 12.
The B20 – currently chaired by Germany – is a platform that serves as in intermediary group between G20 governments and the international business community. Its primary mission is to deal with the urgent and significant global issues by developing actionable recommendations from global business leaders to the G20 Leaders. Following is the complete text of the B20 Statement on open markets and inclusive growth: “The B20 is deeply concerned about current anti-globalization sentiments, which can be witnessed in many countries around the world.
Increasingly, communities are voicing strong opposition to trade liberalization and international investment. We need to take these concerns seriously and support communities during times of change and disruption. At the same time, seemingly easy solutions risk having long-term negative consequences for business, workers, and consumers. We urge governments to resist the temptation to resort to protectionist measures such as trade barriers or investment restrictions. Trade promotes prosperity worldwide. Between 1990 and 2014, world trade increased about fivefold and global per capita income grew by a factor of 2.5. This had a very real and positive effect on people’s lives: hundreds of millions of people have been moved out of poverty and seen their living standards and incomes improve.
This has been particularly evident in regions that have proactively integrated into the world economy such as East and Southeast Asia. Prosperity is the result of exchange – of ideas, goods, services, and finance. The advantages of trade and investment are manifold: People can learn from each other both in business and beyond. Production becomes more efficient through specialization and economies of scale. Furthermore, the opening of markets strengthens competition. Both benefit consumers, as their choice of diverse and high quality goods and services increases, while becoming available at lower prices. Increased openness benefits many aspects of economies and societies.
More opportunities for exchange mean lower production costs, less resource consumption for production as well as technology and knowledge transfer. Gains from trade can contribute to meet major challenges of our time: migration flows, climate change, and global health risks. Globalization and sustainability are not mutually exclusive but rather mutually reinforcing. However, globalization is also accompanied by major challenges. We are acutely aware that despite the overall benefits of trade and investment flows, anti-globalization sentiments have been growing. An increasing number of communities feel they are on the losing end of greater competition. More and more people find it hard to adapt to a rapidly changing world. Business and governments must work together to deal with these concerns and manage the transition.
First, this requires greater transparency and more tangible communication on both the benefits of globalization and the drawbacks it entails. Governments and businesses need to jointly ensure that trade and investment are not merely free but also fair. We need to jointly strengthen our efforts to improve education and lifelong learning to help people seize new opportunities in a changing world. Social protection systems, which ensure a safety net for people having lost employment, active labor market policies, which support people getting back to work, and a strong social partnership can help to make economic growth more inclusive.
This should provide the basis for independence and individual fulfillment across the globe, for people of all backgrounds and educational experiences. To tackle these challenges, there are no easy solutions. Globalization has brought new opportunities, but it has not made the world simpler. Even if the answers are sometimes difficult, one thing is clear: the challenges of globalization cannot be solved within national borders. The G20 is an important forum for international economic cooperation. It represents about two thirds of the global population, across all levels of development, and more than three quarters of global GDP.
Given its role, the G20 is the right forum to ensure that people around the world can continue to benefit from open markets, while shaping globalization in a way that offers fair opportunities to countries, companies, and citizens. The B20 stands ready to assist the G20 in its efforts.”
Ceylon Chamber and Tajikistan CCI sign MOU to strengthen trade, investment and tourism opportunities
Colombo – The Ceylon Chamber of Commerce with a view to further promote trade and commercial activities between the private sector partners in Sri Lanka and Tajikistan, signed a Memorandum of Understanding (MOU) with the Chamber of Commerce and Industry of the Republic of Tajikistan on 14th December 2016 during the “Sri Lanka – Tajikistan […]
Ceylon Chamber and Tajikistan CCI sign MOU to strengthen trade, investment and tourism opportunities
Colombo – The Ceylon Chamber of Commerce with a view to further promote trade and commercial activities between the private sector partners in Sri Lanka and Tajikistan, signed a Memorandum of Understanding (MOU) with the Chamber of Commerce and Industry of the Republic of Tajikistan on 14th December 2016 during the “Sri Lanka – Tajikistan Business Forum”, held at the Cinnamon Lakeside Colombo.
In the MOU, both parties agreed that coordinated efforts be made to promote business opportunities, joint ventures, initiate partnerships and arrange visits of business delegations.
Mrs. Dhara Wijayatilake, CEO of the Ceylon Chamber of Commerce and Hon. Nematullo Hikmatullozoda, Minister of Economic Development and Trade in Tajikistan signed the MOU on behalf of the respective parties, in the presence of His Excellency Emomali Rahmon, President of Tajikistan, Hon. Rishad Bathiudeen, Minister of Industry and Commerce and Hon. Dr. Harsha de Silva, Deputy Minister of Foreign Affairs Sri Lanka.
Ceylon Chamber of Commerce invites CACCI Members to the Sri Lanka Investment & Business Conclave 2017
Colombo – The Ceylon Chamber of Commerce, in association with the Ministry of Foreign Affairs, is organizing the “Sri Lanka Investment & Business Conclave 2017” from May 30 to June 1, 2017 at the Cimmanon Grand Hotel in Colombo, Sri Lanka. Focusing on the theme “Growth through Partnerships”, the two-day event will feature a full-day […]
Ceylon Chamber of Commerce invites CACCI Members to the Sri Lanka Investment & Business Conclave 2017
Colombo – The Ceylon Chamber of Commerce, in association with the Ministry of Foreign Affairs, is organizing the “Sri Lanka Investment & Business Conclave 2017” from May 30 to June 1, 2017 at the Cimmanon Grand Hotel in Colombo, Sri Lanka.
Focusing on the theme “Growth through Partnerships”, the two-day event will feature a full-day Conference, B2B meetings and field visits. For more details, please access the official event website at http://www.invest/– srilanka.lk
ICC Australia Launches Asia-Pacific Commercial Mediation Competition
The International Chamber of Commerce and Industry (ICC) Australia has announced the inaugural Asia-Pacific Commercial Mediation Competition, to be held in Melbourne, Australia, 7-9 July 2017. The Competition will allow undergraduate and postgraduate university students to gain valuable skills in mediation, an essential area of dispute resolution in international commercial law. Using the ICC’s established […]
ICC Australia Launches Asia-Pacific Commercial Mediation Competition
The International Chamber of Commerce and Industry (ICC) Australia has announced the inaugural Asia-Pacific Commercial Mediation Competition, to be held in Melbourne, Australia, 7-9 July 2017. The Competition will allow undergraduate and postgraduate university students to gain valuable skills in mediation, an essential area of dispute resolution in international commercial law.
Using the ICC’s established model, teams of 2-4 students will compete in realistic mock commercial disputes, adjudicated and mediated by world-class professionals. The Competition is the first of its kind in the region, and based on the annual ICC International Commercial Mediation Competition, held in Paris, France. The winners of the Asia-Pacific Competition will go to compete in the International Competition in February 2018.
ICC Australia encourages universities from across the region to register a team, and invites professional mediators and dispute resolution professionals to be involved as judges, mediators and mentors. For more information see the Competition website, or email mediationcompetition@acci.asn.au.
Ceylon Chamber of Commerce wins Gold at the 52nd CA Sri Lanka Annual Report Awards
Colombo – The Ceylon Chamber of Commerce walked away with a Gold under the “Not for Profit Organizations (NPO), including Non- Governmental Organizations (NGO) sector” at the 52nd Annual Report Awards of the CA Sri Lanka. This is the 8th time the Chamber has won the Gold under this category since winning for the first […]
Ceylon Chamber of Commerce wins Gold at the 52nd CA Sri Lanka Annual Report Awards
Colombo – The Ceylon Chamber of Commerce walked away with a Gold under the “Not for Profit Organizations (NPO), including Non- Governmental Organizations (NGO) sector” at the 52nd Annual Report Awards of the CA Sri Lanka. This is the 8th time the Chamber has won the Gold under this category since winning for the first time in year 2007.
Mrs. Alikie Perera, Deputy Secretary General and the Financial Controller of the Chamber accepted the award on behalf of the CCC. The Ceylon Chamber first entered this competition in 2006 and has won awards each year thereafter.
The competition, which selects winners based on highly stringent criteria evaluated by a Panel of Judges consisting of professionals from both the Private and the Public Sector, honors the most cohesive, clear and customized annual reports that best reflect an entity’s operations, and recognizes those that have gone beyond the statutory boundaries of reporting.
Timor Leste and others join CACCI
Taipei – CACCI welcomed the Chamber of Commerce and Industry of Timor-Leste (CCI-TL) as its newest primary member, and the Chamber of Commerce and Industry Northern Territory of Australia as new affiliate member at the 86th CACCI Council Meeting held in Taipei on November 23, 2016. Also, eight Lifetime members were welcomed during the Council […]
Taipei – CACCI welcomed the Chamber of Commerce and Industry of Timor-Leste (CCI-TL) as its newest primary member, and the Chamber of Commerce and Industry Northern Territory of Australia as new affiliate member at the 86th CACCI Council Meeting held in Taipei on November 23, 2016.
Also, eight Lifetime members were welcomed during the Council Meeting. They are from Bangladesh: HSTC Limited; from Hong Kong: Mr. Yuen Ka Lok Ernest, Mr. Norman Lin Man and Mr. Arnold Kan; from Iran: Pakyaran Sanat Tejarat Asia; from Georgia: Mr. Temur Kokhodze; from Malaysia: Asian Business Network PLT; and from Sri Lanka: Mr. Anura Lokuhetty.
CACCI names office bearers for 2016-2018
Key officers from Primary Members have been elected by the CACCI Council to serve as Vice Presidents, Honorary Treasurer, Budget Commission members, and members of the Executive Committee for the term 2016-2018. Vice Presidents: Mr. Samir Modi, Member of Executive Committee, Federation of Indian Chambers of Commerce & Industry, and Executive Director of K.K. Modi […]
Key officers from Primary Members have been elected by the CACCI Council to serve as Vice Presidents, Honorary Treasurer, Budget Commission members, and members of the Executive Committee for the term 2016-2018.
Vice Presidents:
Mr. Samir Modi, Member of Executive Committee, Federation of Indian Chambers of Commerce & Industry, and Executive Director of K.K. Modi Group; Mr. Rifat Hisarciklioglu, President, Union of Chambers and Commodity Exchanges of Turkey and Chairman, Eskihisae Group of Companies; Mr. Pradeep K. Shrestha, Former President Federation of Nepalese CCI’s and Managing Director, Panchakanya Group; Mr Peter McMullin, Board Member, International Chamber of Commerce Australia, Special Counsel, Cornwall Stodart Lawyers; Mr. Takanobu Ito, Special Advisor, Japan Chamber of Commerce and Industry; Amb. Chi-Tai Feng, Advisor, Chinese International Economic Cooperation Association and Senior Advisor for International Affairs, CTBC Bank Co.; Mrs. Magvan Oyunchimeg, CEO, Mongolia National Chamber of Commerce and Industry.
Honorary Treasurer:
Mr. Conrad Lee, Immediate Past Chairman, Kowloon Chamber of Commerce, and Managing Director, Wah Shing Sports Trading Co Ltd.
Budget Commission Members:
Dr. Steve Hsieh, Convener of Board of Supervisors, Chinese International Economic Cooperation Association and Vice-Chairman, CTBC Financial Holding Co Ltd.; Mr. Bernard Lau, Permanent President and Honorary Chairman, Kowloon Chamber of Commerce, and Managing Director, Pak Hing Loong Co Ltd.; M r. Obaidur Rahman, Former Director, Federation of Bangladesh Chambers of Commerce and Industry, and Managing Director, Dorasco Ltd.
Taiwan’s New Southbound Policy links with ASEAN, Australia and New Zealand
Taiwan’s New Southbound Policy searches for closer links with ASEAN, South Asia, Australia and New Zealand said the ROC (Taiwan) President Tsai Ing-Wen in her widely publicized remarks during the 50th Anniversary of Confederation of Asia-Pacific Chambers of Commerce and Industry on November 24, 2015 at the Marriot Hotel Taipei. Here is the complete Presidential speech. Good […]
Taiwan’s New Southbound Policy links with ASEAN, Australia and New Zealand
Taiwan’s New Southbound Policy searches for closer links with ASEAN, South Asia, Australia and New Zealand said the ROC (Taiwan) President Tsai Ing-Wen in her widely publicized remarks during the 50th Anniversary of Confederation of Asia-Pacific Chambers of Commerce and Industry on November 24, 2015 at the Marriot Hotel Taipei. Here is the complete Presidential speech.
CACCI President Jemal Inaishvili greets ROC (Taiwan) President Tsai Ing-Wen
Good Morning!
Let me start by welcoming everyone to Taiwan. I’m pleased to see an extraordinary group of people from across one of the fastest growing and most dynamic regions in the world. I hope you see that Taiwan is open for business, and will consider us a partner for your future business ventures.
I’d also like to congratulate the Confederation of Asia-Pacific Chambers of Commerce and Industry on its 50th anniversary. As one of the biggest private commercial organizations in Asia, its efforts have been instrumental in advancing economic cooperation in Asia. We look forward to its continuing success in the years ahead.
The Rise of Asia
The theme of this conference cannot be overstated. In this new century, and especially after the 2008 financial crisis, Asia has become the most important force driving the global economy. By one projection, Asia’s share of the global economy in 2030 will either equal or surpass those of North America and Europe combined.
The key to this impressive performance is economic liberalization and integration, which have in turn led to increased trade, investment, and economic growth. Asian countries have formed tight industrial linkages and divisions of labor, which have contributed to Asia becoming a “factory for the world.”
But the demand side is rapidly growing as well. Asia’s rising middle class is creating a vast consumer market. International brands and businesses have now shifted their attention, and in many cases, their main focus to the region. In the near future, I expect we’ll see Asia become the “market for the world” as well.
Economic Integration in Asia
As the center of the world economy shifts, Asian countries must take on an even greater responsibility for economic liberalization and integration. In the past few years, Asian countries have made great progress on regional trade regimes, including in the Regional Comprehensive Economic Partnership (RCEP) and the Trans-Pacific Partnership (TPP). But with the U.S. likely to withdraw from the TPP amid growing protectionism, we must do even more.
Asia’s dependence on trade means that it must step up and take the lead to ensure that regional economic integration continues to take place. Our economies are highly complementary, which is conducive to the sharing of resources, talent, and markets. We can expand economies of scale and use resources more effectively. We should also engage in inclusive negotiations, open up markets, expand trade and mutual investment, and through this, spark a new wave of growth.
By doing so, we will not only build a stronger sense of community. We will also leverage our collective strengths to reduce economic uncertainty and build Asia into the world’s most economically important region.
Taiwan’s Indispensable Role
Within this framework, Taiwan has always played an indispensable role in Asia’s development. Our companies have expanded to every corner of the region, and we have always made our support for further economic integration clear.
Furthermore, we have always believed that Taiwan should do more, and we intend to do more. While we are working on a new model for economic development, we look forward to sharing our ideas with the regional community. This includes new production methods and the provision of innovative lifestyle choices. We believe that together, we can become “innovators, sharers, and providers of service.”
Our New Southbound Policy will play a major part in this. My government is working to build stronger links with countries in ASEAN and South Asia, as well as Australia and New Zealand. We foresee new opportunities for cooperation in economics, trade, talent exchange, education, tourism, and culture.
We have also recently set up a new cabinet-level Office of Trade Negotiations. We seek to begin wide-ranging negotiations with various countries to discuss both bilateral and multilateral cooperation. At the same time, we will work to bring our domestic laws into alignment with international norms and standards.
ROC (Taiwan) President Tsai Ing-Wen, CACCI President Jemal Inaishvili, CACCI Vice Presidents and Officers during the Opening of the CACCI 30th conference in Taipei on November 2016
Achieving High-Quality Growth
In closing, I want to emphasize that we can work together to develop Asia through trade and experience sharing. But we cannot do so in absence of what I refer to as ‘high-quality economic growth.’
This means that economic development in Asia must respond effectively to the issue of income inequality and the fact that trade is not beneficial to all. Asian countries must continue to prioritize the growth of SMEs, job opportunities, and income distribution. We must also encourage participation from women and young people, so that the benefits of growth can be more evenly distributed.
Asia has accomplished much over the past century. This is a great cause for hope in a period of economic uncertainty. Looking to the future, I believe that if Asian countries can work together, we have the ability to harness the full potential of the fastest growing and most dynamic region in the world.
Together, we can create an Asian Century built on growth that is also inclusive, sustainable, and, of course, innovative.
Thank you all.
450 delegates from 22 Asia Pacific countries attended 30th CACCI Conference in Taipei
On November 23-24, 2016, 450 delegates from 22 Asia Pacific countries attended the 30th CACCI Conference in Taipei, Taiwan. The successfully conference titled “The Rise of Asia: Taking a Bigger Role in the Global Economy” also celebrated CACCI’s 50 years anniversary. Co-hosted by the Chinese International Economic Cooperation Association (CIECA) and the Chinese National Association of […]
450 delegates from 22 Asia Pacific countries attended 30th CACCI Conference in Taipei
Yoshio Amano, Mitsubishi Corp., Manager Manila; Chun-Fu Chang, Office of Trade Negotiations, ROC (Taiwan); Peter McMullin, Special Counsel, Cornwall Stodart Lawyers; Jemal Inaishvili, CACCI President; Omkar Shrestha, Faculty, National University of Singapore
On November 23-24, 2016, 450 delegates from 22 Asia Pacific countries attended the 30th CACCI Conference in Taipei, Taiwan. The successfully conference titled “The Rise of Asia: Taking a Bigger Role in the Global Economy” also celebrated CACCI’s 50 years anniversary.
Co-hosted by the Chinese International Economic Cooperation Association (CIECA) and the Chinese National Association of Industry and Commerce (CNAIC), with the CTBC Bank as major sponsor, the conference convened chamber leaders from all over Asia.
Asian countries are expected to lead global economic expansion in the years ahead amidst current economic slowdown and uncertainties in major economies, but need to cooperate and partner with each other to help accelerate economic growth. This was the message that members of the Confederation of Asia-Pacific Chambers of Commerce and Industry (CACCI) conveyed during its recently concluded annual Conference.
Business leaders from the 27 CACCI member-countries noted that over the past decades, Asia has emerged as a dominant force in the global economy. They pointed out that the region today has a total GDP of roughly US$14 trillion (about 40% of the world’s total, up from 25% in 1990), an average per capita GDP of US$5,299, and a total trade amounting to about US$8 trillion, effectively contributing about two-thirds of global economic growth.
With a combined population exceeding those of other major economies and constituting a substantial market, and its economies expected to continue to grow at an average annual rate of 5 percent, the CACCI leaders expect Asia to be the driving force behind the world’s economic growth in the years ahead, with the accelerated growth rates in Southeast Asian countries more than compensating for the anticipated slowdown in other countries in the region.
Need for regional cooperation to meet challenging market environment
However, CACCI also recognizes that the region today is facing challenging economic conditions. With growth in advanced economies tepid, risk aversion increasing in global financial markets, and the commodity super-cycle coming to an end, CACCI says the world economy is providing little impetus to Asian growth. At the same time, other major economies in the region are moving toward more sustainable growth models that imply slower expansion. With the growing links between these countries and other Asian economies, the spillover effects are expected to be significant, CACCI notes.
Jemal Inaishvili, CACCI President; Ece Idil Kasap, World SME Forum; Stephen Green, Green & Spiegel LLP; Eren Sari, Green & Spiegel LLP; Abdul Matlub Ahmad, FBCCI President; Chia-Hsien Yang, ROC (Taiwan) SME Administration; Amb. Benedicto Yujuico, Former CACCI President
Given this new context, CACCI says that partnership and cooperation – both within and across national boundaries – should be one of the principal concerns of countries and of the business communities in the Asia-Pacific region. CACCI believes that today, more than ever, regional cooperation and integration plays a critical role in accelerating economic growth, reducing poverty and economic disparity, raising productivity and employment, and strengthening institutions. CACCI supports the APEC Leaders’ commitment – expressed during their recent Peru meeting – to build a dynamic, harmonious and open economy in the Asia-Pacific region featuring innovative development, interconnected growth and shared interests by re-affirming free and open trade and investment, accelerating regional economic integration, promoting competitive markets, encouraging economic and technical cooperation, and facilitating a favorable and sustainable business environment.
CACCI also maintains that growth needs to be both economically inclusive, and be environmentally sustainable. It endorses the APEC Leaders’ declaration to strengthen efforts to ensure decent work and work life quality for all, especially socially vulnerable groups, by providing access to quality inclusive education and vocational training, boosting entrepreneurship, improving social protection, and enhancing regional cooperation. According to CACCI, there is much to do in ensuring the survival of SMEs, keeping regional and global trade open, continuing reforms to promote ease of doing business, investing in human capital and technology to meet the changing skills requirements of the markets, ensuring inclusive economic growth, and moving forward with clean energy and clean technologies to confront the challenge of climate change, among others. CACCI also strongly believes that businessmen in the region need to rely more on each other to be able to sustain their growth and development.
Promoting economic empowerment of women for sustainable growth
In a separate position paper issued at the end of their Taipei Conference, CACCI members stressed the need for economic empowerment of women, expressing strong support of the APEC Leaders declaration to strengthen the mainstreaming of gender equality and women’s empowerment across APEC’s work to ensure equal access to quality education and economic resources. In order to fight against slowing global economic growth, CACCI called on the business community to be proactive in improving productivity, and said that the economic empowerment of women is one key way through which this can be achieved. This increases participation in the workforce to support aging populations, generates innovation and better-decision making through diversity and provides incentives to continue learning and contributing to society.
However, CACCI also recognizes that there are challenges that must be addressed such as gender bias and societal expectations, access to markets and finance and inflexible working arrangements. CACCI calls on large businesses to promote gender equity and consider better ways to support female employees and integrate women-owned and -operated businesses in their supply chains. In addition, in the case of women entrepreneurs, CACCI says that the use of digital technologies and e-commerce platforms can be effective tools to assist their growth and allow them to better engage in the global economy, improving regional productivity and economic development.
This year’s annual gathering of CACCI members focused on the theme “The Rise of Asia: Taking a Bigger Role in the Global Economy.” It was designed to provide CACCI members and invited experts the venue to exchange views on measures that the business sector and governments in the region can undertake to take full advantage of the opportunities offered not just by markets in the Asia-Pacific region but also by countries in other parts of the world. Special Guest of Honor at the Opening Ceremony was H. E. Tsai Ing-Wen, President of the Republic of China (Taiwan)
This year’s Conference also marked the 50th Anniversary of the Confederation. CACCI was established in 1966 to provide a platform for promoting the vital role of the businessmen in the region, increasing regional business interaction, and enhancing regional economic growth. Since its organizational meeting in Taipei half a century ago, CACCI has been holding annual gatherings and Conferences to enable its members to exchange views on current developments and issues of concern to the business sector.
As part of the commemoration of its 50th Anniversary, CACCI presented the Illustrious Distinguished Service Award to all members who had served as CACCI President. The Award was in recognition of their important contribution to the Confederation, their unwavering commitment to the CACCI objective of bringing businessmen in Asia together, and their continuing efforts to help promote regional cooperation and to further advance the interest of the region’s business community.
CACCI honors leaders with Illustrious Service Award
CACCI presented the “Illustrious Service Award” to past and present CACCI Presidents in celebration of the 50th anniversary of the founding of the Confederation. The award was given at the gala dinner held on November 24 at the Taipei Marriott Hotel. The awardees and their representatives who were present during the awarding ceremony were: CACCI […]
CACCI honors leaders with Illustrious Service Award
CACCI presented the “Illustrious Service Award” to past and present CACCI Presidents in celebration of the 50th anniversary of the founding of the Confederation. The award was given at the gala dinner held on November 24 at the Taipei Marriott Hotel.
The awardees and their representatives who were present during the awarding ceremony were: CACCI President Jemal Inaishvili; CACCI Immediate Past President Amb. Benedicto Yujuico; Mr. Harvey Chang; Mr. Kenneth Court; Amb. Alfonso T. Yuchengco represented by her daughter Ms. Yvonne Yuchengco; Ms. Anna Marie Periquet received the award on behalf of her father Dr. Aurelio Periquet Jr.; Mr. Thomas Chen, Vice Chairman of CTBC, on behalf of Dr. Jeffrey Koo Sr.’s family; and Mr. Nelson Chang and Mrs. Koo Huai-ju received the award honoring Dr. CF Koo.
The plaques of recognition to the awardees who were not able to attend the ceremony will be sent to their respective chambers. The Illustrious Award was given in recognition of the CACCI leaders’ contribution to CACCI for their unwavering commitment to its objective of bringing Asian businessmen together, and their achievements in promoting regional cooperation and economic development.
2020 Tokyo Olympics will drive growth, said ANA CEO Osamu Shinobe
Taipei – ANA Airlines CEO, Osamu Shinobe, the keynote speaker during the 30th CACCI Conference in Taipei, presented on November 24 2016 “Tourism Trends and the Aviation Industry in Asia” to an audience of 450 CACCI delegates from 22 Asia Pacific Countries. Osamu Shinobe first gave a detailed description of the current international airlines market […]
2020 Tokyo Olympics will drive growth, said ANA CEO Osamu Shinobe
Osamu Shinobe, ANA CEO
Taipei – ANA Airlines CEO, Osamu Shinobe, the keynote speaker during the 30th CACCI Conference in Taipei, presented on November 24 2016 “Tourism Trends and the Aviation Industry in Asia” to an audience of 450 CACCI delegates from 22 Asia Pacific Countries.
Osamu Shinobe first gave a detailed description of the current international airlines market in the Asia Pacific area, then explained the Japanese domestic market in particular, and finally presented ANA strategy to capitalize on the emerging opportunities.
During the first part of the speech, Osamu Shinobe said that Asia’s GDP growth remains above the rest of the world, which is helping the Asian tourism industry with steady inbound and outbound traffic. In fact, there appears to be a strong correlation between the number of international tourist arrivals and real global GDP.
Recent statistics indicate that the Asia Pacific region’s traffic continued growing for the period of 2014-2015 at an acceptable rate of 2.2% (with HK-Taipei being the most popular route far above the runner up, Jakarta-Singapore). However, all other regions experienced negative traffic growth during the same period, with the exception of the Middle East and North Africa, which were growing above 10%.
Fortunately, in Asia, airlines are achieving growth led by carriers in China, with many airlines having sales of US$10-15 billion.
Por-Fong Lin, CNAIC Chairman; Jemal Inaishvili, CACCI President; Ing-Wen Tsai, ROC (Taiwan) President; Osamu Shinobe, ANA CEO; C. Y. Wang, CIECA Chairman
Concerning the domestic Japanese market
In 2015 and for the first time in 45 years, the number of inbound tourists exceeded the number of outbound Japanese tourists. However, 60% of inbound tourists still concentrate their travel on Japan’s “Golden Route” (Tokyo, Hakone, Mt. Fuji, Nagoya, Kyoto, Osaka.)
Given change in the flow of tourists, ANA as the largest network in Japan transporting more than 50 million passengers a year, plans to expand further, positioning its international passenger services as a pillar of growth.
Currently, within Japan, ANA flies to 53 cities, serves 134 routes, and operates 1,078 flights/day (as of July 2016; including codeshare flights.) Moreover, ANA has invested in the LCCs (Low Cost Carriers) Peach and Vanilla Air to develop a new customer base, namely travelers that have previously not used airlines.
To further expand the offering of attractions in Japan, ANA created a project named “Tastes of JAPAN” to introduce three Japanese prefectures every three months with a focus on food, drinks, sweets and culture. It was launched in September 2013 with the goal of introducing all of Japan’s 47 prefectures over a period of around four years.
According to ANA CEO Shinobe, Japan is positioning the tourism industry as a pillar of its growth, with a particular focus on actively attracting inbound tourists. It is expected that the 2020 Tokyo Olympic and Paralympic Games will also be drivers of growth. Consequently, development of the tourist infrastructure, including airports, has gotten underway and ANA is taking the opportunity to expand its routes and position its international passenger service business as growth business.
To get the complete presentation of ANA CEO Osamu Shinobe…
Taipei – During the 50th Anniversary Celebration of the Confederation of Asia Pacific Chambers of Commerce and Industry (CACCI) celebrated in Taipei, Taiwan, on November 23-24 2016, hundreds of delegates from 22 countries had the opportunity to view a short video summarizing the accomplishment of this premier Asia Pacific institution. From his idealistic beginnings in […]
Taipei – During the 50th Anniversary Celebration of the Confederation of Asia Pacific Chambers of Commerce and Industry (CACCI) celebrated in Taipei, Taiwan, on November 23-24 2016, hundreds of delegates from 22 countries had the opportunity to view a short video summarizing the accomplishment of this premier Asia Pacific institution.
From his idealistic beginnings in Manila in 1965 when Dr. Aurelio Periquet, an iconic businessman of the Philippines, expressed his wish to unite businessmen of Asia to today’s organization comprising over 28 national chambers of commerce in Asia Pacific, from Georgia and Russia on the West edge of Asia, to Timor Leste on the fringes of Asia Pacific, CACCI is today indeed a supranational organization supporting businesses in their pursuit of free trade and economic growth.
Take a look at the short video.
https://youtu.be/DCmzwGEhN_o
We are strong promoters of free trade…
but there are some losers. What we saw in Brexit and recently in the US are corrections, said CACCI President Emeritus Kenneth Court, from Australia, during a radio interview with ICRT Radio FM 100.7 Taiwan – News Report about CACCI’s 50 anniversary broadcasted November 23rd 2016. Here is the transcript of the interview. Reporter: Business leaders from […]
but there are some losers. What we saw in Brexit and recently in the US are corrections, said CACCI President Emeritus Kenneth Court, from Australia, during a radio interview with ICRT Radio FM 100.7 Taiwan – News Report about CACCI’s 50 anniversary broadcasted November 23rd 2016.
Here is the transcript of the interview.
Reporter:
Business leaders from 27 nations are meeting in Taipei to celebrate the 50th anniversary the Confederation of Asia Pacific Chambers of Commerce and Industry.
CACCI membership includes national chambers of commerce from a wide range of Asian countries such as from Turkey to New Zealand in the South Pacific. Former CACCI President Kenneth Court who hails from Australia says that despite recent setbacks internationally, his organization remains bullish on the regional economy.
Kenneth Court:
Over the past 50 years, we have been strong promoters of free trade and that has been the trend we have seen in globalization. But I acknowledge the fact that there are some losers. What you have seen in Brexit and developments in America is a correction. Maybe it has gone a little bit too far.
But as far as Asia is concerned, I mean, in the last twenty years we have gone from 25% of the World’s GDP to 40%. And the South East Asian countries are going to be the one who generate the growth not just within the regions but internationally.
Reporter:
CACCI predicts that Asian economies will growth at an annual rate of 5%.
CACCI Director General and CIECA Chairman call on Myanmar UMFCCI President
Yangon – Amb. Victor C. Y. Tseng, Director-General of the Confederation of Asia-Pacific Chambers of Commerce and Industry (CACCI), and Mr. Chung-Yu Wang, Chairman of the Chinese International Economic Cooperation Association (CIECA) and concurrently Member of the Executive Committee of CACCI, called on Mr. Zaw Min Win, President of the Union of Myanmar Federation of Chambers of […]
CACCI Director General and CIECA Chairman call on Myanmar UMFCCI President
Yangon – Amb. Victor C. Y. Tseng, Director-General of the Confederation of Asia-Pacific Chambers of Commerce and Industry (CACCI), and Mr. Chung-Yu Wang, Chairman of the Chinese International Economic Cooperation Association (CIECA) and concurrently Member of the Executive Committee of CACCI, called on Mr. Zaw Min Win, President of the Union of Myanmar Federation of Chambers of Commerce and Industry (UMFCCI), during the recent visit to Yangon, Myanmar in early November this year.
Amb. Tseng and Mr. Wang invited the UMFCCI President to attend the 30th CACCI Conference to be hosted by CACCI and CIECA on November 23-25, 2016 in Taipei, Taiwan. They also conveyed an invitation to UMFCCI to consider membership in CACCI.
CACCI Director General & CIECA Chairman call on Myanmar UMFCCI President
Yangon – Amb. Victor C. Y. Tseng, Director-General of the Confederation of Asia-Pacific Chambers of Commerce and Industry (CACCI), and Mr. Chung-Yu Wang, Chairman of the Chinese International Economic Cooperation Association (CIECA) and concurrently Member of the Executive Committee of CACCI, called on Mr. Zaw Min Win, President of the Union of Myanmar Federation […]
CACCI Director General & CIECA Chairman call on Myanmar UMFCCI President
Yangon – Amb. Victor C. Y. Tseng, Director-General of the Confederation of Asia-Pacific Chambers of Commerce and Industry (CACCI), and Mr. Chung-Yu Wang, Chairman of the Chinese International Economic Cooperation Association (CIECA) and concurrently Member of the Executive Committee of CACCI, called on Mr. Zaw Min Win, President of the Union of Myanmar Federation of Chambers of Commerce and Industry (UMFCCI), during the recent visit to Yangon, Myanmar in early Novermber 2016.
Amb. Tseng and Mr. Wang invited the UMFCCI President to attend the 30th CACCI Conference to be hosted by CACCI and CIECA on November 23-25, 2016 in Taipei, Taiwan. They also conveyed an invitation to UMFCCI to consider membership in CACCI.
Philippine Vice President Robredo met ex-CACCI President Yujuico at PCCI
Manila – Immediate CACCI President and current Member of the CACCI Advisory Board Amb. Benedicto Yujuico welcomed Philippine Vice President H. E. Maria Leonor “Leni” Robredo during the annual Philippine Business Conference organized by the Philippine Chamber of Commerce and Industry (PCCI) on October 13, 2016 in Manila, Philippines. Amb. Yujuico is also the current Chairman […]
Philippine Vice President Robredo met ex-CACCI President Yujuico at PCCI
Manila – Immediate CACCI President and current Member of the CACCI Advisory Board Amb. Benedicto Yujuico welcomed Philippine Vice President H. E. Maria Leonor “Leni” Robredo during the annual Philippine Business Conference organized by the Philippine Chamber of Commerce and Industry (PCCI) on October 13, 2016 in Manila, Philippines. Amb. Yujuico is also the current Chairman of PCCI.
Philippine President Duterte awards ex-CACCI President Yujuico
Manila – Philippine President H. E. Rodrigo Duterte presented an Award to Immediate Past CACCI President and current Member of the CACCI Advisory Board Amb. Benedicto Yujuico during the annual Philippine Business Conference organized by the Philippine Chamber of Commerce and Industry (PCCI) on October 13, 2016 in Manila, Philippines. Amb. Yujuico is also the […]
Philippine President Duterte awards ex-CACCI President Yujuico
Manila – Philippine President H. E. Rodrigo Duterte presented an Award to Immediate Past CACCI President and current Member of the CACCI Advisory Board Amb. Benedicto Yujuico during the annual Philippine Business Conference organized by the Philippine Chamber of Commerce and Industry (PCCI) on October 13, 2016 in Manila, Philippines. Amb. Yujuico is also the current Chairman of PCCI.
Sri Lanka – Germany Business Council of the Ceylon Chamber hosts German Biz Delegation
Sri Lanka – Germany Business Council of the Ceylon Chamber of Commerce hosted the high powered German Business Delegation arrived in Sri Lanka last week. The delegation from Asia Pacific Business Association, Germany was headed by Mr. Thomas Kriwat, CEO of Mercmarine Group of Companies. Mr. Mark Francis, President of the Sri Lanka – Germany […]
Sri Lanka – Germany Business Council of the Ceylon Chamber hosts German Biz Delegation
Sri Lanka – Germany Business Council of the Ceylon Chamber of Commerce hosted the high powered German Business Delegation arrived in Sri Lanka last week. The delegation from Asia Pacific Business Association, Germany was headed by Mr. Thomas Kriwat, CEO of Mercmarine Group of Companies. Mr. Mark Francis, President of the Sri Lanka – Germany Business Council of the Ceylon Chamber of Commerce speaking during the occasion, emphasized the importance of having close relationship with Sri Lanka and Germany.
He said strong and close relationship will encourage the growth of bilateral trade and Investment between the two counties. Further, the Asia Pacific Business Association expressed their interest in working more closely with the Sri Lanka – Germany Business Council of the Ceylon Chamber of Commerce.
The Embassy of the Federal Republic of Germany associated with the Sri Lanka – German Business Council in hosting the delegation. The event took place at the Hilton Colombo Residences.
Youth Business Sri Lanka partners with GS1 Lanka, to help young entrepreneurs
Youth Business Sri Lanka entered into a partnership with the GS1 Lanka to provide its young entrepreneurs with a range of services such as obtaining barcodes and providing them with access to the practices adopted in the global supply chain systems. The agreement was signed between the two parties recently at the Ceylon Chamber of […]
Youth Business Sri Lanka partners with GS1 Lanka, to help young entrepreneurs
Youth Business Sri Lanka entered into a partnership with the GS1 Lanka to provide its young entrepreneurs with a range of services such as obtaining barcodes and providing them with access to the practices adopted in the global supply chain systems. The agreement was signed between the two parties recently at the Ceylon Chamber of Commerce.
Youth Business Sri Lanka, which operates under the purview of the Ceylon Chamber of Commerce (YBSL), is a national organization which promotes young people to start their own business and transition from being Job takers to Job makers.
In the meantime, GS1 Lanka, which is housed at the Ceylon Chamber of Commerce, is the sole authorized body to operate the Global supply chain standard system in Sri Lanka. Mr. Varatharaja Kumaraguru, Country Manager YBSL and Mr. Anthony Peiris, representative of GS1 Lanka, signed on-behalf of the respective organizations.
Taiwanese Study Tour Group visits Philippine CCI
Manila – A study tour group from Taiwan visited the Philippine Chamber of Commerce and Industry (PCCI) to meet with PCCI officers on the morning of September 30, 2016 in Manila. The 20-member delegation was composed largely of bankers and finance experts from Taiwan. They were warmly received at the PCCI headquarters by key officers of the chamber […]
Manila – A study tour group from Taiwan visited the Philippine Chamber of Commerce and Industry (PCCI) to meet with PCCI officers on the morning of September 30, 2016 in Manila. The 20-member delegation was composed largely of bankers and finance experts from Taiwan. They were warmly received at the PCCI headquarters by key officers of the chamber led by President George Barcelon. The two sides exchanged views and information on the current economic and investment environment in the Philippines and on opportunities that the country offer for Taiwanese entrepreneurs, as well as shared practical experience on business development and management.
The Ceylon Chamber & SLRA sings MOU
Colombo – The Sri Lanka Retailer’s Association (SLRA) entered into a MOU with Ceylon Chamber Of Commerce (CCC) on the 29th of September 2016, which will result in the Chamber providing the Association with secretarial and other required support towards achieving the Association’s objectives and goals. The MOU was signed by Ms. Dhara Wijayatilake, CEO […]
Colombo – The Sri Lanka Retailer’s Association (SLRA) entered into a MOU with Ceylon Chamber Of Commerce (CCC) on the 29th of September 2016, which will result in the Chamber providing the Association with secretarial and other required support towards achieving the Association’s objectives and goals.
The MOU was signed by Ms. Dhara Wijayatilake, CEO of the Ceylon Chamber of Commerce and Mr. Hussain Sadique, Chairman of the Sri Lanka Retailer’s Association, on-behalf of the respective parties. The Sri Lanka Retailer’s Association was incorporated during June 2016, as a Company Limited by Guarantee. The Association’s objective is to harness the resources of the organized retail industry to a common platform to promote and facilitate futuristic Innovation, Growth and Global outreach. SLRA has an ambitious Vision to “Achieve Retail Excellence” in Sri Lanka. To achieve this vision, it strives to be the ‘Voice of the Retail industry in Sri Lanka’
Taiwanese Study Tour Group visits the Bankers Association of the Philippines
Manila – A study tour group from Taiwan met with officers and members of the Bankers Association of the Philippines (BAP) on the morning of September 28, 2016 in Manila. The 20-member delegation was composed largely of bankers and finance experts from Taiwan. They were warmly received by BAP officers led by BAP President Mr. […]
Taiwanese Study Tour Group visits the Bankers Association of the Philippines
Manila – A study tour group from Taiwan met with officers and members of the Bankers Association of the Philippines (BAP) on the morning of September 28, 2016 in Manila. The 20-member delegation was composed largely of bankers and finance experts from Taiwan. They were warmly received by BAP officers led by BAP President Mr. Nestor Tan at the headquarters of Banco De Oro, of which Mr. Tan is President and CEO.
The two sides exchanged views and shared information on the current economic and investment environment in the Philippines, latest developments in foreign banking regulations, corporate banking and trade finance market in the Philippines, successful experience of universal banking in the Philippines. and opportunities that the country offers for Taiwanese bankers and entrepreneurs.
Stable Outlook for Asia Despite Global Uncertainties
Economic growth in developing Asia remains broadly stable, but a slight slowdown in India has trimmed the region’s growth outlook for 2016, says a new Asian Development Bank (ADB) report. In a supplement to its Asian Development Outlook 2016 Update report, ADB has downgraded 2016 growth to 5.6%, below its previous projection of 5.7%. For […]
Stable Outlook for Asia Despite Global Uncertainties
Economic growth in developing Asia remains broadly stable, but a slight slowdown in India has trimmed the region’s growth outlook for 2016, says a new Asian Development Bank (ADB) report.
In a supplement to its Asian Development Outlook 2016 Update report, ADB has downgraded 2016 growth to 5.6%, below its previous projection of 5.7%. For 2017, growth remains unchanged at 5.7%.
“Asian economies continue their robust expansion in the face of global economic uncertainties,” said ADB Deputy Chief Economist Juzhong Zhuang. “Structural reforms to boost productivity, improve investment climate, and support domestic demand can help maintain growth momentum into the future.”
Combined growth for the major industrial economies exceeded expectations in the Update, ticking up 0.1 percentage point to 1.5% in 2016. Growth in 2017 is maintained at 1.8%. Robust consumer spending supported the US economy, with supportive monetary policy and improved labor markets fueling growth in the euro area. Japan’s expansion, meanwhile, will be buoyed by strong exports, despite the stronger local currency.
ADB has downgraded the forecast in South Asia from 6.9% to 6.6% in 2016. Growth will bounce back in 2017, reaching 7.3%. India’s tempered growth projection to 7.0% from the previously forecasted 7.4% in 2016 is due to weak investments, a slowdown in the country’s agriculture sector, and the lack of available cash due to the government’s decision to ban high-denomination banknotes. This will likely affect largely cash-based sectors in the country including small- and medium-scale businesses. The effects of the transition are expected to be short-lived and the Indian economy is expected to grow at 7.8% in 2017.
The forecast in East Asia is maintained for 2016 and 2017. Growth this year will reach 5.8%, with a slight moderation to 5.6% in 2017. Growth in the People’s Republic of China (PRC) — the world’s second largest economy — is expected to hit 6.6% this year, driven by strong domestic consumption, solid wage growth, urban job creation, and public infrastructure investment. The forecast for the PRC in 2017 is maintained at 6.4%.
In Southeast Asia, growth forecasts remain unchanged at 4.5% in 2016 and 4.6% in 2017, with Malaysia and the Philippines expecting stronger growth due to a surge in domestic consumption and public and private investment, compared to lower growth forecasts in Brunei Darussalam, Myanmar, and Singapore.
The outlook in Central Asia is maintained at 1.5% in 2016 and 2.6% in 2017, as the ongoing recession in the Russian Federation and low global commodity prices for oil and natural gas continue to dampen growth in the subregion.
The Pacific will see growth of 2.7% in 2016, picking up to 3.3% in 2017. The fiscal contraction in Papua New Guinea — the Pacific’s largest economy — and recovery from recent cyclones have weighed on growth in the subregion. While cyclone damage in Fiji has had a bigger impact on its growth outlook than previously envisaged, prospects for Samoa, Kiribati, and Tuvalu are improving through improvements in fisheries, infrastructure, and tourism.
CACCI President Visits Taipei to discuss Conference preparations
Taipei – Mr. Jemal Inaishvili, President of the Confederation of Asia-Pacific Chambers of Commerce and Industry (CACCI), recently visited Taipei to meet with key officers of the Chinese International Economic Cooperation Association (CIECA), the Chinese National Association of Industry and Commerce (CNAIC), the CTBC Bank, and the CACCI Secretariat to discuss preparations of the […]
CACCI President Visits Taipei to discuss Conference preparations
Taipei – Mr. Jemal Inaishvili, President of the Confederation of Asia-Pacific Chambers of Commerce and Industry (CACCI), recently visited Taipei to meet with key officers of the Chinese International Economic Cooperation Association (CIECA), the Chinese National Association of Industry and Commerce (CNAIC), the CTBC Bank, and the CACCI Secretariat to discuss preparations of the upcoming 30th CACCI Conference to be held on November 23-25, 2016 in Taipei,Taiwan.
Discussions focused on the latest Conference program, speaker line-up, promotional activities, and preparations for the various meetings and social functions, among others.
CACCI President Joins Other Business Leaders at the SRCIC Silk Road Business Summit in Xi’an, China
Xi’an – CACCI President Mr. Jemal Inaishvili attended the SRCIC Silk Road Business Summit and Development Cooperation Conference held on September 6-8, 2016 in Xi’an, China. The three-day event was co-sponsored by China Chamber of International Commerce (CCOIC), Silk Road Chamber of International Commerce (SRCIC) and the Chinese Council for the Promotion of International Trade […]
CACCI President Joins Other Business Leaders at the SRCIC Silk Road Business Summit in Xi’an, China
Xi’an – CACCI President Mr. Jemal Inaishvili attended the SRCIC Silk Road Business Summit and Development Cooperation Conference held on September 6-8, 2016 in Xi’an, China. The three-day event was co-sponsored by China Chamber of International Commerce (CCOIC), Silk Road Chamber of International Commerce (SRCIC) and the Chinese Council for the Promotion of International Trade (CCPIT).
Mr. Inaishvili joined the over 500 delegates who participated in the conference, such as business leaders, government representatives, envoys from foreign embassies and chairmen of trade associations from 52 countries including Georgia, Azerbaijan, Bulgaria and Greece, heads of international organizations including UNESCO and foreign curators, among others.
CCPIT Vice Chairman Wang Jinzhen (shown in photo) said the One-Belt One- Road initiative is a long-term systematic project that requires both cooperation between countries and participation of business associations and non-government institutions.
CACCI Director General Meets ASEAN BAC Chairman in Vientiane
Vientaine – CACCI Director-General Amb. Victor C. Y. Tseng met Mr. Oudet Souvannavong, 2016 Chairman of the ASEAN Business Advisory Council (ASEAN BAC) at the ASEAN Business and Investment Summit (ASEAN BIS) held on September 5-7, 2016 in Vientiane, Laos. Mr. Oudet is also President of the Lao National Chamber of Commerce and Industry (LNCCI), […]
CACCI Director General Meets ASEAN BAC Chairman in Vientiane
Vientaine – CACCI Director-General Amb. Victor C. Y. Tseng met Mr. Oudet Souvannavong, 2016 Chairman of the ASEAN Business Advisory Council (ASEAN BAC) at the ASEAN Business and Investment Summit (ASEAN BIS) held on September 5-7, 2016 in Vientiane, Laos.
Mr. Oudet is also President of the Lao National Chamber of Commerce and Industry (LNCCI), which jointly organized the ASEAN BIS with ASEAN BAC.
CACCI Director General Visits Lao National Chamber of Commerce and Industry
Vientaiane – CACCI Director-General Amb. Victor C. Y. Tseng called on Mr. Oudet Souvannavong, President of the Lao National Chamber of Commerce and Industry (LNCCI), during his recent trip to Vientiane, Laos to attend the ASEAN Business and Investment Summit on September 5-7, 2016. Amb. Tseng introduced CACCI to Mr. Oudet, and invited the LNCCI […]
CACCI Director General Visits Lao National Chamber of Commerce and Industry
Vientaiane – CACCI Director-General Amb. Victor C. Y. Tseng called on Mr. Oudet Souvannavong, President of the Lao National Chamber of Commerce and Industry (LNCCI), during his recent trip to Vientiane, Laos to attend the ASEAN Business and Investment Summit on September 5-7, 2016.
Amb. Tseng introduced CACCI to Mr. Oudet, and invited the LNCCI President to consider the possibility of membership in CACCI. He also invited Mr. Oudet to attend the 30th CACCI Conference to be held on November 23-25, 2016 in Taipei, Taiwan and make a country presentation during the special session on “Discover Business Opportunities Through CACCI.”
CACCI Vice President Mr. Hisarciklioglu Serves as Panelist at B20 Summit in Hangzhou
Hangzhou- Mr. Rifat Hisarciklioglu, President of the Union of Chambers and Commodity Exchanges of Turkey (TOBB) and concurrently Vice President of the Confederation of Asia-Pacific Chambers of Commerce and Industry (CACCI), was invited as Panelist at the B20 Summit held on September 3-4, 2016 in Hangzhou, China. Mr. Hisarciklioglu, who served as Chair of B20 […]
CACCI Vice President Mr. Hisarciklioglu Serves as Panelist at B20 Summit in Hangzhou
Hangzhou- Mr. Rifat Hisarciklioglu, President of the Union of Chambers and Commodity Exchanges of Turkey (TOBB) and concurrently Vice President of the Confederation of Asia-Pacific Chambers of Commerce and Industry (CACCI), was invited as Panelist at the B20 Summit held on September 3-4, 2016 in Hangzhou, China.
Mr. Hisarciklioglu, who served as Chair of B20 Turkey in 2015, spoke during the session on “Promoting Inclusive and Interconnected Development.” He focused on the importance of inclusive policies, particularly for small and medium enterprises, and the need for G20 countries to create better opportunities for youth and women.
ICC Asia Executive Director Visits CACCI Secretariat
Taipei – Mrs. Lee Ju Song, Executive Director of International Chamber of Commerce Asia (ICC Asia), visited the CACCI Secretariat during her recent visit to Taipei. Mrs. Lee was received by CACCI Secretariat executives led by Deputy Director-General Mr. Amador Honrado Jr. on the afternoon of August 17 at the Secretariat’s headquarters. Mrs. Lee and Mr. […]
ICC Asia Executive Director Visits CACCI Secretariat
Taipei – Mrs. Lee Ju Song, Executive Director of International Chamber of Commerce Asia (ICC Asia), visited the CACCI Secretariat during her recent visit to Taipei. Mrs. Lee was received by CACCI Secretariat executives led by Deputy Director-General Mr. Amador Honrado Jr. on the afternoon of August 17 at the Secretariat’s headquarters.
Mrs. Lee and Mr. Honrado discussed possible areas for joint activities between the two organizations, particularly in the holding of training programs for CACCI members on topics of ICC Asia’s expertise such as the ATA Carnet. The also talked about the collaboration of CACCI and the ICC World Chambers Federation in the 31st CACCI Conference and the 10th World Chambers Congress scheduled to take place in September 2017 in Sydney, Australia.
CACCI Director General Calls on PCCI President in Manila
Manila – CACCI Director-General Amb. Victor C. Y. Tseng met with Mr. George Barcelon, President of the Philippine Chamber of Commerce and Industry during the former’s recent visit to Manila on August 11. Amb. Tseng updated Mr. Barcelon on the ongoing and upcoming activities of CACCI, and invited the PCCI head to organize a delegation […]
CACCI Director General Calls on PCCI President in Manila
Manila – CACCI Director-General Amb. Victor C. Y. Tseng met with Mr. George Barcelon, President of the Philippine Chamber of Commerce and Industry during the former’s recent visit to Manila on August 11.
Amb. Tseng updated Mr. Barcelon on the ongoing and upcoming activities of CACCI, and invited the PCCI head to organize a delegation to the upcoming 30th CACCI Conference to be held on November 23-25, 2016 in Taipei. Mr. Barcelon assured Amb. Tseng of sending PCCI representatives to the Conference, and that he himself will try his best to come with the delegation.
Joining Mr. Barcelon in receiving Amb.Tseng were PCCI Secretary-General Mr. Crisanto Frianeza and Deputy Secretary General Ms. Edith Mendoza. Amb. Tseng was accompanied by CTBC Bank officers Mr. Ernest Lin and Ms. Ivy Cheng.
CACCI Director General invites Philippines PCCI Barcelon
Manila – CACCI Director General Amb. Victor C. Y. Tseng met with Mr. George Barcelon, President of the Philippine Chamber of Commerce and Industry (PCCI) during the former’s recent visit to Manila on August 11. Amb. Tseng updated Mr. Barcelon on the ongoing and upcoming activities of CACCI, and invited the PCCI head to organize a delegation […]
CACCI Director General invites Philippines PCCI Barcelon
Manila – CACCI Director General Amb. Victor C. Y. Tseng met with Mr. George Barcelon, President of the Philippine Chamber of Commerce and Industry (PCCI) during the former’s recent visit to Manila on August 11. Amb. Tseng updated Mr. Barcelon on the ongoing and upcoming activities of CACCI, and invited the PCCI head to organize a delegation to the upcoming 30th CACCI Conference in Taipei.
Joining Mr. Barcelon in receiving Amb. Tseng were PCCI Secretary-General Mr. Crisanto Frianeza and Deputy Secretary General Ms. Edith Mendoza. Amb. Tseng was accompanied by CTBC Bank officers Mr. Ernest Lin and Ms. Ivy Cheng.
CACCI Director General Meets with FTI Chairman
Bangkok – CACCI Director General Amb. Victor C. Y. Tseng called on Mr. Chen Namchaisiri, Chairman of the Federation of Thai Industry (FTI), during his recent visit to Bangkok on July 14. Amb. Tseng, accompanied by representatives of CTBC Bank, took the opportunity to introduce CACCI to the FTI Chairman and other FTI officers and […]
Bangkok – CACCI Director General Amb. Victor C. Y. Tseng called on Mr. Chen Namchaisiri, Chairman of the Federation of Thai Industry (FTI), during his recent visit to Bangkok on July 14.
Amb. Tseng, accompanied by representatives of CTBC Bank, took the opportunity to introduce CACCI to the FTI Chairman and other FTI officers and members who joined the meeting, and explored with him the possibility of FTI re-joining the Confederation to represent the business sector of Thailand.
He also invited Chairman Namchaisiri to lead a delegation to attend the upcoming 30th CACCI Conference scheduled to take place on November 23-25, 2016 in Taipei, Taiwan. Amb. Tseng assured Chairman Namchaisiri that FTI’s participation will provide its officers and members the opportunity not only to learn from the various Conference presentations, but also to network with other chamber leaders from other CACCI member countries.
Ranatunga re-appointed Ceylan CCC Chairman
The Ceylon Chamber of Commerce (CCC) re-appointed Mr. Samantha Ranatunga for his second term as chairman at the Chamber’s 177th Annual General Meeting held on June 28 in Colombo. Mr. Ranatunga is the CEO and Managing Director of CIC Holdings. He holds a degree from the University of Delhi and a Masters in Business Administration […]
The Ceylon Chamber of Commerce (CCC) re-appointed Mr. Samantha Ranatunga for his second term as chairman at the Chamber’s 177th Annual General Meeting held on June 28 in Colombo. Mr. Ranatunga is the CEO and Managing Director of CIC Holdings. He holds a degree from the University of Delhi and a Masters in Business Administration from the UK.
He has also studied the agricultural measurement and productivity systems in Australia, India, Thailand, Portugal, Chile and in many other countries. He is a non-Executive Director of a number of unlisted companies in the CIC Group including Akzo Nobel Lanka Paints (Pvt) Limited, Perfunova International Limited (India), RahimafroozCIC Agro Limited (Bangladesh) and an Independent Director of Seylan Bank PLC.
He is also the President of the Sri Lanka Africa Middle East Business Council and the Vice President of the Sri Lanka-Maldivian Business Council and has led the Sri Lanka Chamber of Commerce delegation to various countries such as South Africa, UAE, Maldives, Iran, Pakistan and Chile. In addition, he has been a pioneer in coordinating and setting up CIC Agribusinesses which is the premier agricultural company in Sri Lanka.
He has helped in developing the seed to shelf concept where 20,000 farmer families are helped to bring produce to consumers.
ACCI Chief James Pearson wants a stronger voice for business
James Pearson knows better than most people that speaking out on policy matters comes at a price. “I’ve been through it,” he told The Australian. The former diplomat and Shell executive, who replaced Kate Carnell as head of the Australian Chamber of Commerce and Industry (ACCI), is talking about his 1992 expulsion from Vanuatu. He […]
ACCI Chief James Pearson wants a stronger voice for business
James Pearson knows better than most people that speaking out on policy matters comes at a price. “I’ve been through it,” he told The Australian. The former diplomat and Shell executive, who replaced Kate Carnell as head of the Australian Chamber of Commerce and Industry (ACCI), is talking about his 1992 expulsion from Vanuatu.
He was acting High Commissioner and given 24 hours to leave the country after he relayed the then Keating government’s concerns about a law allowing the South Pacific nation to revoke business licenses with no reasons and no legal appeals. “That expulsion was a very difficult time for me and my family, as you can imagine,” he recalls. While the business and expatriate community rallied around Pearson, his wife and his young sons, “it did feel threatening when it’s announced on national radio that you are persona non grata”.
“Now as it turned out the 24 hours had to be extended to 48 hours because as someone pointed out to the Vanuatu government there was no flight in 24 hours back to Australia,” he recalls. Almost 25 years have passed but for Pearson, the memories come flooding back as he worries that robust commentary is being impeded in Australia because corporate leaders fear some politicians could engage in a “settling of scores” after election campaigns.
“In terms of angst about standing up for what you believe in, I think the business community should recognize it has a legitimate point of view, it has a well-informed point of view,” he says. “And it should never be scared of taking part in debate, public policy debate, no matter how robust it becomes, because those voices that are against the interests of business will not silence themselves. So why should business?” Pearson was actively involved in student politics while an undergraduate at the University of Western Australia and says it taught him about the value of the political process and about “the power of collective action”.
“There is power in collective action and the more business voices that are added to the debate, the harder it is for that implicit threat of retribution to be taken seriously,” he says of the current election campaign. While plenty of politicians got their start in student unions, Pearson only contemplated going down that path from time to time. Besides, he considers the job he has now to be “intensely” political, except that “I don’t have the indignity of having to put myself up for election every three years”. Pearson was appointed in April after the departure of former Liberal politician Kate Carnell.
He says his vision for the job is to allow the chamber to “become a movement” and use that to secure “long-term bipartisan backing for business in Australia”. “The Australian chamber network represents around 300,000 enterprises e m p l o y i n g a r o u n d f o u r m i l l i o n workers,” he says. “Now the Australian trade union movement represents a little over one in 10 Australians working in the private sector. But who has the strongest voice? Shouldn’t we have a stronger, more influential voice?”
Pearson’s other frustration is that Australia’s competitiveness has slipped in rankings such as the World Economics Forum’s index. He moved to Australia with his “£10 Pom” parents as a child and believes the migrant experience means “you do try hard, you want to make it a winner”. His frustration is also shaped by what he learned from Department of Foreign Affairs & Trade postings to Nigeria at a time when it was considered “the giant of Africa” and later to Beijing as China’s economic reforms gathered pace in the mid-1990s.
He realized when working and living overseas “that there are lots and lots of other countries and lots and lots of people living in them who are increasingly at least as well educated as we are, increasingly enjoy at least as good infrastructure as we do and in many cases are much more highly motivated to succeed than many Australians are”. “That’s not meant as a criticism of Australians. It’s not some sly remark about young people. It’s more about expectations and what we’ve become used to. We cannot be complacent.”
The Australian
Sunil Bharti Mittal, new ICC Chairman
Sunil Bharti Mittal, Founder and Chairman of Bharti Enterprises, has been elected Chairman of the International Chamber of Commerce (ICC). Voting by ICC’s World Council took place on June 15 in Sao Paulo, Brazil. Bharti Enterprises has interests in telecom, insurance, real estate, hospitality, agri and food, besides other ventures. Bharti Airtel, the group’s flagship […]
Sunil Bharti Mittal, Founder and Chairman of Bharti Enterprises, has been elected Chairman of the International Chamber of Commerce (ICC). Voting by ICC’s World Council took place on June 15 in Sao Paulo, Brazil.
Bharti Enterprises has interests in telecom, insurance, real estate, hospitality, agri and food, besides other ventures. Bharti Airtel, the group’s flagship company, is world’s third largest telecommunications company by customer base, offering mobile, fixed broadband and digital TV solutions to over 350 million customers across India, South Asia and Africa.
Mr Mittal, who has served on the Prime Minister of India’s Council on Trade and Industry, said: “At a time when the global economy is facing unprecedented challenges I am committed to ensuring ICC plays a central role as the voice of business in shaping policies to support inclusive growth. I am honored to be ICC’s 51st Chairman and look forward to working actively with ICC’s global network throughout the world.”
Mr Mittal added: “There is an urgent need to restore trade and investment as a driver of growth and jobs-particularly in developing economies affected by the slowdown in raw materials and agricultural commodities markets. This will be a central focus for my tenure as Chairman of the world business organization. ”The International Chamber of Commerce is the world’s largest business organization with over 6.5 million members in over 130 countries.
Mr Mittal becomes the third Indian Chairman of the world business organization in its near-100 year history. Mr Mittal takes over the ICC Chairmanship from Terry McGraw, Chairman Emeritus of S&P Global, who becomes ICC’s Honorary Chairman. Roberto Azevedo, Director-General of the World Trade Organization (WTO) paid tribute to Mr McGraw’s leadership of ICC over the past three years saying: “Over the years, Terry has played a huge role promoting the WTO and the multilateral trade agenda as a force for good.
He was instrumental in building support behind the 2013 Trade Facilitation Agreement. I thank him for what he has done for the institution and for global trade in general.” ICC has also announced that John Denton, Partner and CEO of Corrs Chambers Westgarth, has been elected to take over from Mr Mittal as the organisation’s First Vice-Chair. ICC’s World Council has also elected three new members to its Executive Board: Anne Veronique Schlaepfer, Partner at global law firm White & Case; Kok Seng Vong, Vice-President of the Macao Chamber of Commerce; and Philippe Varin, Chairman of the Board of Directors of AREVA. Current Board Members Esko Aho (Nokia), Milos Barutciski (Bennett Jones) and Cherie Nursalim (GITI Group) were all elected to serve a second term.
CACCI President welcomes members to Georgia
Tbilisi – An eight member CACCI delegation visited Tbilisi, Georgia on May 23-24, 2016 to gather first-hand information on the current economic and business conditions in Georgia and explore possible areas for foreign trade and investments in the country. The delegation was welcomed by CACCI President Mr. Jemal Inaishvili, who is from Georgia, as […]
Tbilisi – An eight member CACCI delegation visited Tbilisi, Georgia on May 23-24, 2016 to gather first-hand information on the current economic and business conditions in Georgia and explore possible areas for foreign trade and investments in the country. The delegation was welcomed by CACCI President Mr. Jemal Inaishvili, who is from Georgia, as well as the other officers and members of the Georgian Chamber of Commerce and Industry (GCCI) led by GCCI President Mrs. Nino Chikovani.
The two-day program allowed the CACCI delegation to meet with various government officials and exchange views on trade and investment issues as well as identify areas where Georgia and CACCI member countries may strengthen their economic relations. The delegation also had the opportunity to network with GCCI officers, members and other local businessmen; visit three local companies representing various industry sectors; and experience some of the tourist attractions and places of interest in Georgia.
Highlights of the delegation’s visit include the following: Business Forum The delegates attended a Business Forum organized by GCCI to discuss investment opportunities in Georgia and possible areas of business cooperation. Held at the premises of the recently opened Tech Park Georgia. The Forum was opened by GCCI President Mrs. Nino Chikovani. In her Welcome Remarks, Mrs. Chikovani expressed her hopes that the CACCI visit would generate long-term business relationships between Georgia and CACCI member countries and that GCCI and CACCI would continue to work together for mutual development.
She invited CACCI members to invest in Georgia in diverse areas. In his Remarks, CACCI President Mr. Inaishvili said that Georgia is a country that offers plenty of opportunities for foreign investors and businessmen, given its growing market-based economy. He encouraged CACCI members to take advantage of the country’s economic strengths and potentials. The other speakers at the Forum included: Ms. Ketevan Gogitidze, Chief Specialist, Service Department at the Georgian Chamber of Commerce and Industry (GCCI), who gave a brief introduction on the GCCI and its various activities.
Created in 1960, the GCCI unites six regional chambers, up to a thousand of associations, companies, and banks, among others. GCCI takes part in the development of economic drafts, legislative and other acts. It leads systematic negotiations with its members, elaborates common opinion of business society, and submits it to the management of the country, its ministries and organizations. Implementing its infrastructural function the Chamber renders active service to business.
GCCI is also a member of the International Chamber of Commerce (ICC) and it follows as well as participates in the economic processes taking place in the country. Mr. Alexander Papaishvili from the Georgian National Investment Agency (GNIA). The GNIA is a sole public agency responsible for promoting and facilitating foreign direct investment in Georgia. It plays a moderator’s role between investors, government and local companies. GNIA serves as “one-stopshop” for investors. This includes providing general data, statistics, sector researches; organization of site visits & accompanying investors; access to Government at all levels/local partners; legal advising & supporting services. Mr. Elizbar Lominadze, Project Manager of the Georgia Industrial Development Group (GIDG). GIDG is the agency under the Ministry of Economy that is responsible for facilitating the development of the private sector in industrial manufacturing and agri processing.
Georgia is encouraging new businesses to help grow the economy through implementing industrial projects and diversifying economic activities. In one year, the GIDG created 16 investment projects worth about $80 million USD (190 million GEL) to present to interested investors. Mr. David Shiolashvili, Head of Research, Analysis and Monitoring Department at Enterprise Georgia. The Entrepreneurship Development Agency (Enterprise Georgia) was established in March 2014 under the Ministry of Economy and Sustainable Development of Georgia.
Enterprise Georgia is the first government institution in Georgia mandated to facilitate private sector (and in particular SME) development through a variety of financial and technical support mechanisms, as well as export support. At the same time the Agency is an integral part of the new State Program “Produce in Georgia”, initiated by the Prime Minister Irakli Gharibashvili to encourage domestic production and increase productivity and competitiveness of SMEs. Mr. Homer Yu, Secretary of Business Department at Kowloon Chamber of Commerce and concurrently Vice Chairman, China Council for the Promotion of International Trade Guangzhou Huangpu District Branch. Mr. Yu made a presentation on the proposal for the One-Belt, One-Road Eurasian Business Center to be established in Huangpu District, Guangzhou, China.
The Center will be part of the Euro Asia Trade, Culture and Exhibition Center (EATC) that the Government of Guangzhou HuangPu will establish for international organizations to work together in a functional environment, providing exhibition spaces for trade delegates to show their products for China and overseas visitors. Mr. Amador Honrado, Deputy Director General of CACCI, who gave a brief introduction on CACCI and its activities, particularly those that are aimed at providing a platform for networking among businessmen in the region and promoting regional cooperation.
Mr. Honrado also invited the meeting participants to the upcoming 30th CACCI Conference to be held in Taipei, Taiwan on November 23 – 25, 2016, which also marks the 50th Anniversary of CACCI. Tour of Georgia Tech Park Following the Business Forum, the CACCI delegation was given a tour of the Georgia Tech Park. The visitors learned that Georgia’s first tech park was built by the Innovations and Technologies agency, LEPL. It creates a united ecosystem for innovations and technology, and promotes development of innovative ideas. It is aimed at developing small and average-sized enterprises.
Meeting with the Partnership Fund
The delegation proceeded to Partnership Fund where they were received by its key officers led by Chairman Mr. David Saganelidze. Partnership Fund (PF) is a state owned investment fund, established in 2011. PF’s main objective is to promote investment in Georgia by providing co-financing in projects at their initial stage of development. PF has a mandate to invest only in Georgia. PF’s strategy is aimed at attracting and supporting private investors.
Visit to Zedazeni
The CACCI delegates visited Zedazeni, a leading beer and beverage company in Georgia located some 20 kilometers west of the capital city of Tbilisi. The company started construction of the production facilities in May 2011. It is equipped with most up-to-date equipment from the best European producers. The team has more than 20 years of experience working in the production and marketing of beer and beverages in Georgia.
Visit to Tegeta Motors
The visiting group proceeded to Tegeta Motors, which is a Holding Company offering a full range of auto products and services to corporate and retail customers. Tegeta Motors have five daughter companies: Tegeta Truck and Bus LLC, Tegeta Construction Equipment LLC, Tegeta Premium Vehicles, Transcaucasia Distribution Company and Toyota Center Tegeta.
City Tour
The delegation was accompanied by CACCI President Mr. Jemal Inaishvili to visit some of the country’s tourist attractions located just outside of Tbilisi. The group visited Kakheti, which is Georgia’s premier wine producing area. It is known to be a land of hospitable, openhearted and straightforward people who live surrounded by rugged mountains, ancient castles, magnificent churches. Sighnaghi is a town in Georgia’s easternmost region of Kakheti. It is one of the country’s smallest towns with a population of about 3,000. Its economy is dominated by production of wine and traditional carpets and is considered an important center of Georgia’s tourist industry.
Dinner Hosted by GCCI
The visit ended with a dinner hosted by GCCI, with cultural performance. It served as another occasion for further networking as well as for thanking the host chamber (led by Mrs. Nino Chikovani) and CACCI President Mr. Jemal Inaishvili for the excellent arrangements made for the visit and for their very warm hospitality.
CACCI President visits Sri Lankan CCC Ratanunga
Colombo – CACCI President Mr. Jemal Inaishvili successfully led a six member delegation on a Presidential visit to Colombo, Sri Lanka from March 8-10, 2016. The CACCI visitors were received by the officers and members of the Ceylon Chamber of Commerce (CCC) and participated in meetings and activities arranged and organized by the Chamber. […]
Colombo – CACCI President Mr. Jemal Inaishvili successfully led a six member delegation on a Presidential visit to Colombo, Sri Lanka from March 8-10, 2016. The CACCI visitors were received by the officers and members of the Ceylon Chamber of Commerce (CCC) and participated in meetings and activities arranged and organized by the Chamber.
Meeting with the Chairman and the CEO of Ceylon Chamber of Commerce
The CACCI visitors were received at the headquarters of the CCC by key officers led by Chairman Mr. Samantha Ranatunga, newly-elected CEO Mrs. Dhara Wijayatilake, and Senior Assistant Secretary General Ms. Lilakshini de Mel.
Both sides had an exchange of information and ideas on the current activities of CACCI and the CCC, and on how the two organizations can further strengthen their relationship for the mutual benefit of their respective members.
Colombo Tea Auction
The delegation proceeded to the Colombo Tea Auction located on Ground Floor auditorium of the CCC headquarters. The Colombo Tea Auction is known as the oldest and largest tea auction in the world. It is organized and conducted by the Colombo Tea Traders Association (CTTA) on behalf of the CCC.
The Colombo Tea Auction is held at the ground floor auditorium of the Ceylon Chamber office
Briefing on the Young Members Forum of the CCC
The delegation met with Ms. Gillian Nugaara, Assistant Secretary General and Chairperson, Young Members Forum (YMF) of the CCC. According to Ms. Nugaara, the YMF was formed in 2014 with an objective to identify, engage and develop the next generation of Sri Lankan leaders and entrepreneurs by providing growth opportunities through various programs, workshops and seminars.
CACCI Deputy Director-General Mr. Amador Honrado also gave some background information about the Young Entrepreneurs Group of Asia- Pacific (YEGAP) and encouraged YMF to take an active role in CACCI by participating in the activities organized by YEGAP, including the submission of nominees for the 6th Asia-Pacific Young Entrepreneur Award to be presented at the upcoming 30th CACCI Conference.
Meeting with the Board of Investment of Sri Lanka
The delegation was welcomed to the Board of Investment (BOI) of Sri Lanka by key BOI officers led by Mr. Nilupul De Silva, Director (Promotion) and Director-General Ms. Duminda Ariyasinghe. Mr. De Silva introduced the BOI as the Investment Promotion Agency of the Government of Sri Lanka, serving as the central facilitation point for investors. His office provides assistance and advice throughout the investment process, from the application stage to the commercial operation.
The delegation visits the Board of Investment (BOI) of Sri Lanka led by Nilupul De Silva, Director of Promotions
Visit to the Colombo Stock Exchange (World Trade Centre)
A fter the BO I meetin g, the CACCI delegation proceeded to the Colombo Stock Exchange located on the same building (World Trade Center) as the BOI. An officer from the Stock Exchange informed the CACCI visitors that the Colombo Stock Exchange (CSE) is a company limited by guarantee, established under the Companies Act No. 17 of 1982 and is licensed by the Securities & Exchange Commission of Sri Lanka (SEC).
Inauguration Sri Lanka Investment and Business Conclave 2016
On the evening of March 8, the delegation attended the Inauguration and Strategic Networking Reception of the Sri Lanka Investment and Business Conclave 2016 held at the Cinnamon Grand Hotel. Organized by the CCC, the Conclave aimed to provide an opportunity for Sri Lanka to showcase its economic potential to over 120 prospective investors, who attended the three-day event, which started on March 8. Foreign Investors from 27 countries took part in this event, with the largest numbers coming from Kuwait (25), South Korea (21) and China (17). The areas where investors were keen to find opportunities included Export Manufacturing Agriculture, Infrastructure Development, Export Services, local Knowledge Services, Power and Energy, Tourism and Leisure sectors.
The three-day conclave enabled over 125 overseas investors to network with nearly 130 Sri Lankan business executives, attending this event, representing top local firms. The Conclave also allowed the investors to meet up with top government officials and local business community during the B2B meetings.
YBSL of The Ceylon Chamber of Commerce trains budding Entrepreneurs
Youth Business Sri Lanka (YBSL) of the Ceylon Chamber of Commerce and the National Human Resources Development Council of Sri Lanka, recently trained over 230 budding entrepreneurs on the finer skills of entrepreneurship under the ‘Promoting and Empowering the Small and Medium Entrepreneurs’ project carried jointly by the two institutions. Three separate training programs were […]
YBSL of The Ceylon Chamber of Commerce trains budding Entrepreneurs
Youth Business Sri Lanka (YBSL) of the Ceylon Chamber of Commerce and the National Human Resources Development Council of Sri Lanka, recently trained over 230 budding entrepreneurs on the finer skills of entrepreneurship under the ‘Promoting and Empowering the Small and Medium Entrepreneurs’ project carried jointly by the two institutions. Three separate training programs were held covering the districts of Pollonnaruwa, Matara and Kandy. The participants were taught skills in Administration, Financial Management, Market Identification, Managerial Issues and Strategies and Policy Framework (Tax, Audit, Registration).
2016 New Year’s message to all CACCI members
I am pleased to convey to all CACCI members and friends a very Happy New Year. May the incoming 2016 bring you continued success and prosperity in all your undertakings. As we usher in the New Year, I believe it is an opportune time for us to take stock of our accomplishments in the year […]
I am pleased to convey to all CACCI members and friends a very Happy New Year. May the incoming 2016 bring you continued success and prosperity in all your undertakings.
As we usher in the New Year, I believe it is an opportune time for us to take stock of our accomplishments in the year just ended with the view to building on them in order to make our Confederation even more relevant to our members in the year ahead.
Amb. Feng Chi-Tai, CACCI VP & Jemal Inaishvili, CACCI President
I am particularly pleased that last year’s 29th CACCI Conference took place in Hong Kong. It served as an occasion for our hosts from Kowloon Chamber of Commerce to showcase the business opportunities that global metropolis of Hong Kong offers to businessmen from region. The enthusiastic participation of delegates from 22 countries reflected the growing influence of CACCI as a regional organization, thanks to the continued commitment and dedication of CACCI officers and members.
We also organized highly successful visits to Bangladesh, Belarus, China, and Australia that provided the delegation the opportunity to strengthen ties between CACCI and government officials and businessmen of the host countries, seek their support for the Confederation and its activities, and further raise CACCI’s profile in the region.
CACCI was also well represented in many regional and international events, including the 9th World Chambers Congress in Torino, the B20 Forum in Antalya, the 4th Business Leaders Conference in Kunshan, China, and in the various meetings of the International Business Advisory Council under the B20, the ICC World Chambers Federation, and the Eurochambers. We also took a prominent role in the launching of the Silk Road Chamber of International Commerce of which I was appointed Honorary Chairman.
Our membership roster has expanded with the admission of the Azerbaijan CCI as the newest Primary Member, and of 20 new Lifetime Special Members from six countries. We also signed a Memorandum of Understanding with the Ukrainian CCI outlining possible areas of cooperation between the two organizations.
Moving on to the incoming 2016, I look forward to your participation in the various activities lined up for the year – such as the planned Presidential visits to some CACCI member countries. I also hope to see all of you at the 30th CACCI Conference in Taipei, Taiwan, which marks the 50th Anniversary of our Confederation. Let us take advantage of these opportunities to explore with one another on how best we can further strengthen the bond that ties us together while promoting the region’s economic growth and development.
May each one of us have a successful and bountiful year ahead!
Jemal Inaishvili President, CACCI
Interview with Pradeep Kumar Shrestha, CACCI VP
We have excerpts of the interview with Mr. Pradeep Kumar Shrestha, Managing Director – Panchakanya Group & CACCI Executive Committee Member. Can you name one person who has had a tremendous impact on you as a leader? How has this person impact your life? How has he impacted your leadership style? There is a proverb […]
We have excerpts of the interview with Mr. Pradeep Kumar Shrestha, Managing Director – Panchakanya Group & CACCI Executive Committee Member.
Pradeep Kumar Shrestha, CACCI VP
Can you name one person who has had a tremendous impact on you as a leader? How has this person impact your life? How has he impacted your leadership style?
There is a proverb that says the child inspires the father as the morning inspires the day . My father Mr. Prem Bahadur Shrestha, Chairman of the Panchakanya Group of Nepal has always been my source of inspiration.
A couple of decade back, I read a book written by Mr. Mark H. Mc Cornell titled “The 110 % Solutions.” Somewhere in the book, there was a phrase that started with the words “What they don’t teach at Harvard Business School …“ I have been fortunate to have received great informal education and superb business training from my father, Mr. Prem Bahadur Shrestha.
A person can show us the right path, but it is up to us to travel the distance at the right speed and with caution so we can reach the destination.
The goal is to be a leader who can turns dreams into reality by working diligently, with determination, as part of a team.
What have you done that reflects this philosophy?
It is not only the person but also the system and philosophy that drive the organization. We need to be more proactive than reactive because that is the need of the times.
We need to learn to trust others by developing a system of check-and-balance, and manage the ups and downs of all activities in our organization. We also need to learn to be transparent and pave the way for the new generation to carry on the tradition to achieve the organization’s goal.
How do you then communicate this philosophy to the people you work with (your management)?
Every employee is gifted with certain abilities and we should make everyone feel part of the organization’s success so that they are proud for their contribution. Nobody can achieve goals in isolation so teamwork and team spirit are essential. In fact, we should solemnly pledge “Together we achieve, divided we fall.”
What do you think is one of the must-have traits in every leader?
A good leader should analyze the subject matter and present it logically. Thus, a leader should be patient to realize the vision, be able to grab opportunities, fight the challenges that come along the way and be able to manage successes and failures.
What are the most important decisions you make as a leader of your organization?
My company has always been pioneering and has always taken risk in initiating projects. It will continue doing so by taking time-calculated risk and diversifying possible risk factors for a timely accomplishment.
What is most important to your organization – mission, core values or vision?
I believe a vision with action.
It is very important to always remember the responsible citizens of the country, to help improve their livelihood and be a good example to them.
How do you as a leader communicate the core values?
On a friendly note
How do you ensure that the organization and its activities are aligned with your core values?
Every employee is part of an organization’s success and failure, but we should not pick on him/her individually. I personally don’t micromanage because I want to develop trust. However, the service and quality of our products cannot be compromised.
What is the one characteristic that you believe every leader should possess?
To achieve sustainable growth, the important thrust should be in generating new creative leaders and exercising the vision to change traditional roles. A masterpiece is created by a skillful hand, not by a powerful chisel. Creativity is key.
What is the biggest challenge facing leaders today?
Finding and retaining the right candidate is one the biggest challenges facing leaders today. Another challenge is to help the employee take ownership of his/her actions and build a bond of trust with him/her.
What is one mistake you witness leaders make more frequently than others?
The most common mistakes are lack of trust, not doing the proper homework, and relying on your subordinates more than necessary.
What is one behavior or trait that you have seen derail more leaders’ career?
Lack of Trust
The challenge is that the more popular you become, the more criticism and enemies you will add to your roster. Nevertheless, we should not be reactive and instead be able to listen coolly and act diplomatically to address the situation.
Can you explain the impact, if any, that social networking has made on your leadership style?
Today, the world is a global village speeding on the information superhighway. So one should be able to manage successes and failures and also be able to digest the outcomes under any circumstances. The young generation has completely flooded the world with Information Technology which can be a big asset if one can capitalize on networking developments.
Do you think that is the great platform for you to inspire others?
Yes, I have certainly benefited from networking these applications. Social Networking can either be a very powerful or harmful tool, depending on how you use it. I personally believe that it is indeed a great platform to inspire others even though I haven’t used it to do so. However, my sons have shown me some apps that I could use and I have been getting more comfortable with the technology, i.e. blogging on sites like LinkedIn.
How then do you sustain yourself as a great leader?
Great leaders always face threats. It is therefore important to nurture new leaders who can carry the legacy of the organization and who can also shift patterns without much hesitation.
What advice would you give someone going into a leadership position for the first time?
Some leaders are born but most leaders are made with guidance and support. One should not be hasty in taking decisions and instead believe in collective efforts and team work.
What are you doing to ensure that continue to grow and develop as a leader?
I will adapt to the changes that flow with time
What is the legacy that you want to leave behind?
That my name be taken as a good example to others.
What do you think your country needs today in terms of leadership, business wise?
Regular discussion & interaction program
I always remember the Chinese proverb “If you have a vision for a year, sow a seed. If you have a vision for a decade, plant a tree. And if you have vision for a century or more, invest in human resources.” I believe now is the time for captains of the business community of CACCI to promote the exposure of the organizations’ employees and encourage them to join Employee Exchange Program.
What advice would you give to budding entrepreneurs?
United we stand, divided we fall.
Australian Chamber has a new identity
The Australian Chamber of Commerce and Industry (ACCI) is dynamic, innovative and focused on the future, just like the hundreds of thousands of Australian businesses it represents. This is the message that the ACCI’s new corporate identity seeks to convey. The Australian Chamber’s new corporate identity will define the organization as it undertakes an exciting […]
The Australian Chamber of Commerce and Industry (ACCI) is dynamic, innovative and focused on the future, just like the hundreds of thousands of Australian businesses it represents. This is the message that the ACCI’s new corporate identity seeks to convey.
The Australian Chamber’s new corporate identity will define the organization as it undertakes an exciting period of growth. It will also help unite chambers of commerce and national industry associations across the country.
The new identity builds on the Australian Chamber’s position as a bold champion of private enterprise, embracing innovation in its leadership of the Australian business community.
The new identity is built around the Federation Star, a distinctly Australian design that brings together all parts of the country and takes pride of place on the national flag. Within the star sits a two-tone arrow that points upwards to the future, representing leadership, direction and targeted action.
ACCI’s new positioning line “Working for business. Working for Australia.” reflects the mission of the organization: making Australia more prosperous by improving conditions for the 300,000 Australian businesses employing more than four million people across our member network.
With the Australian Chamber an active participant in international forums, including the International Chamber of Commerce, the new identity will help to build global recognition of the talent and capabilities of Australian business.
The new corporate identity was developed by internationally renowned graphic designer Ken Cato of Cato Brand Partners.The new identity heralds an era of expansion for the Australian Chamber.
The Australian Chamber has this year increased its membership by nearly 30 percent. It has also launched a new Business Leaders Council, allowing individual businesses to participate directly in the Australian Chamber’s activities. It is undertaking a landmark Productivity, Education and Training program to help Australian businesses reach their full potential.
These new activities are in addition to the significant public policy and advocacy work of the Australian Chamber. These initiatives, and many more planned, will ensure the Australian Chamber remains the leading voice for Australian business to government and the community at home and abroad.
The Australian Chamber’s new corporate identity was launched at Parliament House on August 17 2015 at the inaugural Business Leaders Summit. ACCI News Release.
FICCI & World Bank advance ‘Millennium Alliance’ initiative
The Federation of Indian Chambers of Commerce and Industry (FICCI) and the World Bank on July 13, 2015 announced their partnership to advance the Millennium Alliance (MA) initiative. The MA seeks to identify and scale up innovative solutions being developed and tested by social enterprises in India that can improve access to services for poor […]
FICCI & World Bank advance ‘Millennium Alliance’ initiative
The Federation of Indian Chambers of Commerce and Industry (FICCI) and the World Bank on July 13, 2015 announced their partnership to advance the Millennium Alliance (MA) initiative. The MA seeks to identify and scale up innovative solutions being developed and tested by social enterprises in India that can improve access to services for poor and underserved populations across India and the world.
A Memorandum of Understanding (MoU) was signed by Dr. A. Didar Singh, Secretary General, FICCI and Mr. Onno Ruhl, India Country Director, World Bank. The MoU formalized a shared commitment to support solutions that provide sustainable last mile delivery to populations at the base of the pyramid in healthcare, sanitation, education, clean energy and agriculture.
FICCI and the World Bank have come together in a knowledge partnership to promote the replication and scaling up of innovative approaches in service delivery across the South Asia and Africa regions. The World Bank will bring global experience and incubate these new and inclusive approaches for bringing services to the poor. The partnership will facilitate dialogue between social enterprises and governments so that solutions can be scaled-up to underserved populations under the government’s priority programs.
Besides the Millennium Alliance program, the agreement also provides for FICCI and the World Bank to work together to enhance private sector engagement in global migration policy and promote the generation and synthesis of knowledge on migration issues. In this, the World Bank’s engagement will be led by the Global Knowledge Partnership on Migration and Development (KNOMAD).
FICCI and the World Bank’s partnership is dedicated to promoting the mobility of skilled labor, enhancing safe and legal migration, and ensuring ethical transnational recruitment practices. Potential areas of collaboration include the study of demographic changes and migration; the study of remittances, including access to finance and capital markets; and mobilizing the diaspora as agents of social and economic change. FICCI News Release
Interview with Fedor L. Degtiarev, South Urals CCI President
Find out more about SUCCI’s inspirational success. We have excerpts of the interview with the President of the South Urals Chamber of Commerce and Industry. Can you name another chamber that serves as your inspiration? How and Why? I do not think I can name one certain chamber that inspires me most, for it would […]
Interview with Fedor L. Degtiarev, South Urals CCI President
Find out more about SUCCI’s inspirational success. We have excerpts of the interview with the President of the South Urals Chamber of Commerce and Industry.
Fedor L. Degtiarev, South Urals Chamber of Commerce and Industry (SUCCI) President
Can you name another chamber that serves as your inspiration? How and Why?
I do not think I can name one certain chamber that inspires me most, for it would imply knowing peculiarities of each of them. However, I am confident that any particular chamber has advantages and successes of its own, which are worth adopting.
Chambers of Commerce and Industry in Russia, Asia-Pacific Region and Europe operate in different ways. For example, in countries of continental Europe companies must belong to a local chamber of commerce, while with us the membership is absolutely voluntary. Still, one of the chambers that made a strong impression on me was the Chamber of Commerce and Industry of Leon (France).
I could not help admiring both its building and its work. The building the Leon CCI occupies is a masterpiece of architecture. The itself chamber is famous for its traditions, in the first place traditions of interacting with businesses, and it commanded my profound respect by the fact that they succeeded in establishing one of the best business-schools in Europe.
What are the most important decisions you make as a leader of your chamber?
I would say that it was the decision to construct our own office building. That was a solution crucial for development of the chamber, and it was really hard to venture a new step like that. To implement this project we had to reduce the chamber’s budget, among other things we had to cut down welfare payments. I am grateful to my staff members who had an insight and showed determination to construct the building of our own. It was difficult, but we did it.
Today the South Urals Chamber of Commerce and Industry (the SUCCI) owns the office space in the centre of Chelyabinsk; its area is more than 2.5 thousand square metres, 400 of which are let on lease. More than 150 people work in the SUCCI as staff members.
What is most important to your chamber – mission, core values or vision?
The mission of the South Urals Chamber of Commerce and Industry is to ensure the basis for economic leadership of Chelyabinsk Region by means of promoting regional business, increasing its efficiency and competitiveness.
The SUCCI currently renders about 200 services that cover practically the whole scope of entrepreneurial activity. It acts as a connecting link between businesses and authorities. The Chamber is the leading regional institution in the field of foreign economic activity. We aid entrepreneurs in running their businesses at all stages, by offering solutions for any problem related to economic activities, interactions with regulatory bodies, launching new markets, etc.
At the present time the SUCCI unites over 600 entrepreneurial agents, most of whom are representatives of small businesses (85.5 per cent). According to the results of the Internet-voting, in 2010 the South Urals CCI was recognised as the most effective public organisation of Chelyabinsk Region that offers real support to businesses.
How do you motivate the chamber staff to share your vision?
I would say this is a profound philosophical question, which is most difficult to answer. It is unlikely that such a question could be asked by representatives of European culture. Their wording would rather focus on more pragmatic aspects, and would sound as follows: How do you motivate the chamber staff to increase income?
But for me, living on the border of Europe and Asia this «Asia-Pacific question» is clear because it does match Russian mentality.
My answer is: it is impossible to make people share your vision with money or benefits! This is as impossible as to buy love or true friendship!
150 employees of my chamber are people who are completely different in regard to their age, education, religion, etc. Still, every day for the past 20 years I have been making sincere efforts to attend to every person, create a warm atmosphere in the CHAMBER as a model of the family.
I am always trying to act honestly with those who work with me, and I will always support them in trouble and defend their interests. I am sure that they trust me and that is why they undoubtedly share my vision without being specially motivated.
How do you encourage creativity in your chamber?
The SUCCI carries out an extended social programme that provides for interest-free loans for purchasing flats, financial support for young families and employees who have lost their close relations, life-time retirement payments for key staff members and top-managers of the SUCCI divisions, assistance in receiving further education. We appreciate their contribution and cherish our key employees, being aware that they are the people who insure the Chamber’s success.
What is the biggest challenge facing the chamber today?
The only challenge we are facing is EU sanctions that cause certain difficulties for normal business evolution. In fact, politics now hinders effective and mutually beneficial co-operation between countries, and in the long run actually prevents from improving quality of life, which is our common purpose.
Under these conditions we should follow the principle once set up by Charles de Gaulle: “It is possible to break off diplomatic relations, but relations between chambers of commerce and industry will never be suspended”.
Can you explain the impact, if any, that social networking has made on the Chamber?
Obviously, well lined up social contacts enable us to solve business issues promptly and to attract more representatives of authorities at all levels to participation in business events conducted by the chamber.
In order to widen and strengthen interactions with state and municipal authorities, regional branches of federal structures, local chambers of commerce and industry and other organisations, the SUCCI made more than 130 cooperation agreements.
What advice would you give other chambers?
Learn the art of building up relations with all kinds of partners, both authorities and businesses, while preserving your independence.
What are you doing to ensure that the chamber continues to grow?
We just never stop. To go forward we constantly diversify the range of services to businesses, improve quality of the rendering of services, enhance efficiency of interactions with business partners and expand useful contacts.
What is the legacy that you want to leave behind?
The principal legacy is people, the team, which can solve any problem.
What do you consider to be the biggest challenge in operating the chamber?
There are certain difficulties, connected, for example, with allocation of functions and responsibilities among employees, delegating authorities so that they correspond with their competences. As a matter of fact, the most significant thing in management is to assign correct tasks to correct people, so that everybody would do his or her job properly, performing as a high-grade professional in a particular domain. I am not an expert in all spheres, moreover, it is impossible in principle, but I consider myself to be good at finding people who can manage the given job best.
What can the chamber do to increase the value of its membership?
The chamber is the main lobbyist of interests of business among authorities. It is essential to keep improving in this aspect. In 2014 only the South Urals CCI directed more than 110 motions drafted by the business-community of Chelyabinsk Region. These motions are aimed at legislative developments in the domain of entrepreneurship. Many of our initiatives were approved by lawmakers. For example, in late January 2015 deputies of Chelyabinsk Region enacted the law on the tax assessment at the rate of zero percent for individual entrepreneurs when applying the conventional and patent systems of taxation. The SUCCI took an active part in developing the draft legislation by directing its recommendations. Adoption of this law is very timely, especially if we take into consideration the current situation in economics. For regional business the law presents a significant support.
What makes South Urals Chamber so unique?
People. The biggest wealth is people.
Envoys of Philippines and Vietnam visits Ceylan CCI’s member companies
The Ceylon Chamber of Commerce recently, facilitated a meeting between Sri Lanka’s designated envoys to Vietnam and Philippines, respectively Mrs. Hasanthi Dissanayake and Mrs. Aruni Ranaraja and some local companies, who are doing business with the respective countries to discuss matters relating to trade and commerce between Sri Lankan and those two countries. During the […]
Envoys of Philippines and Vietnam visits Ceylan CCI’s member companies
The Ceylon Chamber of Commerce recently, facilitated a meeting between Sri Lanka’s designated envoys to Vietnam and Philippines, respectively Mrs. Hasanthi Dissanayake and Mrs. Aruni Ranaraja and some local companies, who are doing business with the respective countries to discuss matters relating to trade and commerce between Sri Lankan and those two countries.
During the discussion, Mrs. Ranaraja – the designated envoy to Philippines urged the local businesses to utilize the trade agreements – Sri Lanka has signed with foreign countries by following up the concessions given by those agreements. The participants also raised questions about the non – issuance of multiple entry visas for local businessmen, when visiting those countries, which the duo said, they will try to address by discussing with the governments of respective countries.
The duo also urged the local businesses to try and establish new business partnerships, such as Joint Ventures with the investors of Vietnam and Philippines, apart from focusing on exporting products to those countries. Diplomats designated to various countries visit the Ceylon Chamber of Commerce as a customary practice to meet and discuss with the local business community engaged in doing business with the respective countries and also to meet the representatives of the Business Councils, who deals with respective countries.
Ms. Lilakshini De Mel, Senior Assistant Secretary General of the meeting facilitated the discussion between the designated envoys and the business community, on-‐behalf of the Ceylon Chamber of Commerce.
Iran Agro celebrates 22nd International Agricultural Trade Fair
Iran Agro Food 2015, which is the biggest and most famous international food, technology and agricultural event in the Middle East took place in 26-29 May 2015 in Tehran. The 22nd expo has shown a growth of 44 percent compared to the previous year. 710 domestic companies and 236 foreigners from countries such as Austria, […]
Iran Agro celebrates 22nd International Agricultural Trade Fair
Iran Agro Food 2015, which is the biggest and most famous international food, technology and agricultural event in the Middle East took place in 26-29 May 2015 in Tehran. The 22nd expo has shown a growth of 44 percent compared to the previous year.
710 domestic companies and 236 foreigners from countries such as Austria, China, Germany, Italy, England and Turkey participated with country pavilions in Agro food Expo in Tehran.
The preliminary deal between Iran and the world powers, which makes the possibility of lifting international sanctions in Iran, has increased the foreign traders’ interests for business.
Federation of Iranian Food Industries Association, the most important food industry entity in Iran, had the most impressive ever presence in the Expo with its 38 member associations.
Federation of Iranian Food Industries Association, (IFIF), the link between the private sector and the government, which was the coordinator and organizer of the governmental authorities ‘visits from the expo, organized gatherings among different industries like packing, exports, dairy, grains, concentrates, confectionary and etc. with the governmental bodies so that they could have this opportunity to talk about their problems, strengths, and potentials. It was one of the rare conditions the industry and the government had this kind of interaction in an Expo.
Organizing the existence of the President’s Deputy, Health Minister, Trade Minister, banks Managing Directors, Standard Organization Authorities and Health Minister in the Expo lead to some important issues like a memorandum of articles among Health Ministry, Standard Organization with Federation of Iranian Food Industries Association. So IFIF will be able to assist food industries more efficiently.
IFIF contact: Address: Unit 306, Floor 3, Negin tower, No 211, after Jahan Koodak Crossroad, Africa Blvd., Tehran, Iran Phone: 98 21 88888361-2 Fax: 98 21 88875558 Website:www.ifif.ir Email: kzargaran57@gmail.comg
4th World Business Leaders Conference convenes in Kunshan, China
The 4th World Business Leaders Conference of 2015 aimed at providing a platform for the global business community to discuss the latest trends and challenges on global trade and investment, promote close cooperation among the international business community, and share information and ideas on opportunities brought by world economic development. More than 300 delegates from […]
4th World Business Leaders Conference convenes in Kunshan, China
The 4th World Business Leaders Conference of 2015 aimed at providing a platform for the global business community to discuss the latest trends and challenges on global trade and investment, promote close cooperation among the international business community, and share information and ideas on opportunities brought by world economic development. More than 300 delegates from over 40 countries and regions registered to attend the Conference.
Long Guoqiang, Vice Minister & Research Fellow, Development Research Center of the State Council, delivers the Keynote Address during the Opening Ceremony of the Kunshan Conference
Formally opened by Mr. Yin Zonghua, Vice Chairman of the China Council for the Promotion of International Trade (CCPIT) and CCOIC, the Conference brought together high-level representatives from the Chinese government led by Mr. Long Guoqiang, Vice Minister & Research Fellow, Development Research Center of the State Council; multilateral organizations such as the World Trade Organization and the Asian Development Bank; and business leaders from China and other Asian countries and elsewhere. They discussed and shared their perspectives on three important topics, namely:  Influence of Asia-Pacific Economic Integration on the World – The session featured Chinese and foreign speakers who examined the interaction between the evolving economic integration in the Asia-Pacific region and global economic integration.The panelists of the Session on “Influence of Asia-Pacific Economic Integration on the World”
Trade and Investment in the Era of Digital Economy – The session discussed the issue of how businesses, governments, and chambers of commerce and industry tackle challenges and take advantage of opportunities in this era of the digital economy to foster growth in trade and investment. One of the featured panelists in this session was Mr. Samir Modi, who underscored the need for enterprises to adapt to the digital economy or their businesses will not be able to survive. He said that the right question for businessmen to ask is not what they can do with the new technologies available in the digital economy, but what these new technologies can do for them.
Samir Modi shares his views on Trade and Investment in the Digital Economy
China’s Economic Reform Outlook and Global Business Opportunities – The session focused on the prospects of China’s economic reform and discussed what the new round of reform means for businesses and how they can seize opportunities brought by such reform. Mr. Jemal Inaishvili was one of the invited panelists in this session.
In his discussion, Mr. Inaishvili cited the “One Belt, One Road” development strategy started by the Chinese Government in 2013. This strategy refers as the New Silk Road Economic Belt that will link China with Europe through Central and Western Asia, and the 21st Century Maritime Silk Road, which will connect China with Southeast Asian countries.
Mr. Inaishvili said that the One Belt, One Road policy is expected to boost levels of infrastructure development across Central Asia and the Southeast Asia countries, thereby helping to support economic growth and trade in these regions and providing opportunities for businesses in countries across the two regions.
Jemal Inaishvili, CACCI President, elaborated points on the One Belt, One Road policy
Mr. Inaishvili added that the proposed Asian Infrastructure Investment Bank (AIIB) is expected to open up opportunities for the construction, telecommunications, and transportation sectors of the region and their respective allied industries.
CACCI President Mr. Jemal Inaishvili elaborates on his thoughts regarding China’s Economic Reform Outlook and Global Business Opportunities.
The twelve-member CACCI delegation to Kunshan was composed by:
Mr. Jemal Inaishvili CACCI President Member of the Board, Georgian CCI
Mr. Samir Modi CACCI Senior Vice President Member, Executive Committee, Federation of Indian CCIs (FICCI)
Mr. Conrad Lee CACCI Honorary Treasurer Chairman, Kowloon Chamber of Commerce (KCC)
Amb. Victor C. Y. Tseng CACCI Director-General
Amador Honrado CACCI Deputy Director-General
Mr. Atul Shunglu Assistant Secretary General, Federation of Indian CCIs (FICCI)
Ms. Aneesha Duggal Senior Manager, FICCI
Mr. Ernest Yuen Vice-Chairman, KCC
Mr. Wyler Wong Vice-Chairman, KCC
Mr. Leslie Wong Vice-Chairman, KCC
Mr. Eddie Leung Councilor of the Executive Council, KCC
Ms. Wendy Lee 29th CACCI Conference – Project Officer, KCC
Kowloon CC hosts CACCI officers in Kunshan, China
Conrad Lee, Chairman of Kowloon Chamber of Commerce (KCC) and Honorary Treasurer of CACCI, hosted dinner for members of the CACCI delegation on May 20, 2015. Other guests were also invited, including officers from the CCPIT led byMr. Zeng Yafei, President of the CCPIT Commercial Sub-Council, and Ms. Maria Perez-Esteve, Counsellor at the World Trade Organization. […]
Conrad Lee, Chairman of Kowloon Chamber of Commerce (KCC) and Honorary Treasurer of CACCI, hosted dinner for members of the CACCI delegation on May 20, 2015. Other guests were also invited, including officers from the CCPIT led byMr. Zeng Yafei, President of the CCPIT Commercial Sub-Council, and Ms. Maria Perez-Esteve, Counsellor at the World Trade Organization.
The dinner also served as an occasion for the CACCI delegation to discuss the status of preparations for the 29th CACCI Conference, and to invite the guests from CCPIT and World Trade Organization to attend the Conference.
The CACCI delegation led by President Jemal Inaishvili (seated, 3rd from left) and guests pose for a group photo at the end of the dinner hosted by KCC Chairman Mr. Conrad Lee (seated, 2nd from left).
Interview with Samir Modi, CACCI Sr. VP
Samir Modi is the Senior Vice President of the Confederation of Asia Pacific Chambers of Commerce and Industry (CACCI). Truly a captain of the industry, he espouses his philosophy in his professional and personal life. When we wanted to showcase the inaugural “In Conversation” in the CACCI website, we could not have found a better candidate than Samir […]
Samir Modi speaking during the 30th CACCI Conference in Taipei
Samir Modi is the Senior Vice President of the Confederation of Asia Pacific Chambers of Commerce and Industry (CACCI). Truly a captain of the industry, he espouses his philosophy in his professional and personal life. When we wanted to showcase the inaugural “In Conversation” in the CACCI website, we could not have found a better candidate than Samir Modi. Not one to shy away from calling a spade a spade, his thought leadership is refreshing and certainly carried the Samir Modi signature.
We had the opportunity to talk face to face with Samir Modi when he attended the CACCI Planning Meeting in Hong on 5th February 2015. Here is the excerpt of the interview; read on for you will certainly learn many “firsts”.
Interviewer: Can you name one person that has huge impact on you with regard leadership style?
Samir Modi: My grandfather has had a great impact on my leadership philosophy. And Richard Branson.
Interviewer: So what has he done to impact your life?
Samir Modi: He was an exemplary leader, who always placed his people first. This philosophy remains at the core of my leadership style as well. It has helped me to focus on creating business units that are driven by a passionate and committed teams of people.
Seeing Richard Branson do what he does has helped me to believe in innovation and challenging the norm to create something bigger and more beautiful.
Interviewer: How has he impacted your leadership style?
Samir Modi: My grandfather really believed in giving back to the community and to its people. For example, he believed that you have got to take care of the people around you; they are your greatest assets. He also believed that you had to be the best in your class and if you can’t then bring the best companies in the world to India.
Interviewer: Since you have taken over the Modi Group, what have you done that reflects this philosophy?
Samir Modi: My core belief is not to only reflect on bottom lines, but also in people. So from that point of view, my philosophy of life is that even when I am no longer at the helm of affairs, or no longer part of this world, my efforts will have had a positive impact on the lives of many! And whether I have made a difference.
Interviewer: How do you then communicate this philosophy to the people you work with (your management)?
Samir Modi: I believe in leading by example. In such things, rather than preach, it is important to set precedents. When I make a business decision, it is not just based on the growth and expansion plans of the business, but on how that decision will impact the lives of the people who are the various stakeholders. I am not a traditionalist, and I cannot operate in boundaries or conventions. The more years that I spend in the business world the hunger I get to innovate and challenge the established norms of the world. I want to create and leave behind a legacy that has touched the lives of many.
Interviewer: What do you think is one of the must have trait in every leader?
Samir Modi: Every leader needs the courage to go with their gut, conviction and their heart. Then there will be no power that can stop an idea whose time has come.
Samir Modi, CACCI Sr. VP, Lu Jianzhong, Silk Road CIC Chairman, Jemal Inaishvili, CACCI President
Interviewer: Dare to be different.
Samir Modi: If you can’t be different then you will cease to exist. And if you cease to exist then you can’t make this world a better place to be.
Interviewer: You have seen many leaders; what do you think is the one thing that derails them from being great leaders, what caused great leaders to derail?
Samir Modi: I think most leaders start off with a dream, but after a point they lose focus on what they started and why they started it. Therefore they get bound in the old thoughts and way of doing things.
Interviewer: Explain.
Samir Modi: Tradition is living in the past and not living for today, not seeing reality in the present, and not seeing what comes ahead, not being visionary for tomorrow.
Interviewer: Perhaps they can see but they don’t have the courage to do it.
Samir Modi: That’s bondage right – when you feel you are bound and you are caged in – that is what industry does, that is what tradition does, that is what ,it’s supposed to be done, I can’t do this, I can’t do that – you are constantly making reasons. Along the line you are losing humanity or humaneness, it’s not all about money, it cannot be the fortune, it is not about the past, it is not about tradition – it is about the people, people who care, people who work hard. Also, I like pushing the edge, in terms of expansion, in terms of innovation.
My philosophy is truly different, yes!, making money is important, – but can I take it to my grave, can I fill my grave with diamonds, will diamonds go up to heaven with me?
Interviewer: So, what would be the legacy you want to leave behind, what you would want people to say, you know once Samir has moved on.
Samir Modi: I would like to have made a difference in the lives of people I have touched. Sort of the world with me and the world without me.
Interviewer: Yeah.
Samir Modi: I live with my own principles and my own yardstick. Which is based on who I am and what I am. It is not based on how rich you are and how much wealth you have, who you know and what I can get from you in return. My life is not worth anything if I have not contributed and made a difference. I am not wanting anything from you in return. Life is about the possibilities and never about money. One’s bank balance should not be the driving force.
A lot of people are confused with this stance. They ask how it is possible to take such a position; I can, because I do not conform to others or let others define me and own me. The day I bow to someone else’s will then I would have lost my soul. For example, you have some perceptions in your mind about me and if I conform – you have owned me. I only believe in myself, I can come with myself, and I can live with myself. Money comes, money goes but my entity is Samir. At the end of the day it does not matter who you are, how much wealth you have, what cars and houses you have but despite all this it is what you have left behind and how you made a difference.
That’s the legacy I want to leave behind.
Interviewer: Do you think that social media has impacted your leadership? Do you even believe in it?
Samir Modi: I think social media is a great method to reach the masses. If you use it wisely then you can do wonders and truly enable change. I am learning to use it effectively.
Interviewer: How has it impacted your leadership style?
Samir Modi: It hasn’t because my leadership style is based on my belief, my conscience and my heart.
Interviewer: It hasn’t? Do you think that is the great platform for you to inspire others?
Samir Modi: Social media can be a great platform to inspire others. It has the power where you can reach the world with just one click of a button. It has the power to make immense change and create a revolution if people know you and what you are saying and what you have to offer to them.
Interviewer: How then do you sustain yourself as a great leader?
Samir Modi: Through the love of the people around me, by constantly challenging the norm and by not being afraid to take the risk by merely a belief that you have within you.
Interviewer: So that fits you.
Samir Modi: Yes it fits me as long as I am true to myself and in what I am offering and bringing to this world.
Interviewer: Why do you need people to love you so much?
Samir Modi: I just need to touch lives, that’s love; when I touch lives, I make a difference. I need to make a difference, I’m born in this world to do something, I believe I can do something great, but I don’t need to be noticed. Also when you give love to anything, then you can make it grow, blossom and be who it can be. That is the very essence of all creation and what keeps me going.
Interviewer: What do you think India needs today in terms of leadership, business wise?
Samir Modi: India needs leaders who can think beyond business and money. It needs leaders to think in terms of community, sustainability, hygiene, employment, poverty, woman and children.
Interviewer: So dare to be different…
Samir Modi: If can’t be different then you can’t make a difference. You can’t give birth to a new idea.
Interviewer: And if it’s beyond business.
Samir Modi: Business should not be all about turnover and bottom line. It needs to be beyond business. It needs to challenge what is out there. It should be about people, bringing change, giving back, doing things differently and believe in an idea whose time has come.
Interviewer: But do you think you are in this privileged position and so you can afford to be like this?
Samir Modi: it is because I am in a privileged position that I can use what I have to make a difference.
Interviewer: And you make no apologies for that?
Samir Modi: If I am in a privileged position, then I intend to make that privilege count – that is to be better. Being better means I use this privilege to make a difference because I have been blessed by God with immense resources. If I don’t use that blessing to bring about change then I will be abusing what I was born and suffer in my next life. I believe immensely in karma. What you do in this life will determine your next. It is all about how you look at what you have. You can either look at wealth and fame and let that drive you or think from your heart by having the desire to be different and do different. I choose what I have for betterment of people and society. Wealth can be a boon or a curse because it all depends upon how you make use of it.
Interviewer: Are you actually maximizing your privileged position to do even more?
Samir Modi: Yes I think I am but at the same I feel that I can do even more.
I have so many ideas and so many desires that I feel there are many miles to go and many things to do. I am not afraid to dirty my hands, I’m not afraid to roll up my sleeves –I’m not afraid to wipe the floor literally, and if that has to be done- it will get done even if I have to personally do it.
Interviewer: If that’s your philosophy then don’t you think of going into politics – your actions will have a greater impact?
Samir Modi: I don’t believe in politics so it does not matter what the impact would be. I feel that what I have to do I should do and that does not need politics but a large heart.
Interviewer: You don’t believe in politics?
Samir Modi: I don’t believe in politics, I don’t read newspapers; people ask me why I don’t read newspapers. I see big calamities and it is saddening. However, I do read the newspaper if my name is in it, definitely I’ll read it because it affects me. So it is narcissistic; so that maybe a very simple way of life, and may not be a right way of life – but it is the truth. I go with my heart. I‘m not for sale, no one can buy me, even if you give me a billion dollars you can’t buy me. A billion dollars is a lot of money – but I don’t need it, my soul is worth more.
Interviewer: Samir is Samir.
Samir Modi: Samir is what you perceive me to be. That perception of who I am has to gel with who I truly am. I need to be seen as real, a man who is not afraid to cry, someone who can own up to his mistakes and someone who has touched your life. If that is what you see and think of me then truly Samir is Samir. You get what you see.
Interviewer: Is that the advice that you would give all to entrepreneurs? Be true to yourself.
Samir Modi: Go with your heart and don’t wait for things to happen. Make them happen and miracles will surround you. You feel alive and you would have truly lived.
Interviewer: Yes and you worked for Philip Morris in the US and you rose to a very high position.
Samir Modi: I worked for Philip Morris as a management trainee and learnt the ropes of marketing from them. They gave me the ability to see beyond and become a true marketer. They gave me the belief that I can be whatever I dream to be. They taught me to look at minute details and become a perfectionist. In fact it is with this philosophy I am launching my own brand of cigarettes.
The name of the brand is ‘sm’ but it is based on my personality and my philosophy.
Interviewer: That’s the name of your cigarette brand? Available this week?
Samir Modi: it will be available later this month.
Interviewer: Alright, you first heard it on the CACCI website, seriously? Wow!
Interviewer: You’re American man, you’re a Philip Morris.
Samir Modi: No I am an Indian who is proud of his roots and one who will die for his country.
Interviewer: Of course you smoke Marlboro; you’ve been promoting that baby for 20 years.
Samir Modi: Yes I have been smoking Marlboro for as long as I know. But it is time for a change and I am ready to smoke my own brand that will truly represent me.
Interviewer: I read your whole CV.
Samir Modi: I hope that you have.
Interviewer: You work for them.
Samir Modi: Yes I do and I am proud of it.
Interviewer: Over time you rose to a high position in the company.
Samir Modi: I rose to a position due to the faith and trust my father gave me. Because he gave me the opportunity to be who I am and do what I want. He taught me how to be an entrepreneur. This along with my philosophy, my belief had brought me where I am today. In fact it is not about the position you hold in the family business but about what value you bring to it. I believe that one should not be bound by the society and its norms. Believe in yourself, be true to yourself and do what your conscience and belief allows you to be. Then only can you soar high and touch the stars.
Interviewer: This is truly the case because everybody knows that smoking is bad and here you are launching a new cigarette brand.
Samir Modi: Can’t help it. I am hooked line and sinker and now I am just taking it to the next conclusion.
Interviewer: And here you are launching cigarette that is supposedly bad for your health, and then you call it “sm” with the tag line dare to dream. Talk about oxymoron?
Samir Modi: it’s has nothing to do with being bad or good. It’s about my philosophy in life and what I believe in.
Interviewer: Regardless of the fact that cigarette smoking is bad.
Samir Modi: A lot of things are bad for your health in life. Too much chocolate is not good for you, coffee with its caffeine is not good for you.
For me I know and realize that things are bad for me but I want to live my life to the fullest. My belief is bad or not when I gotto go I gotto go. Nothing in the world can stop that because my time here on earth is over. I have the minutes assigned to me by God. When I smoke, I smoke my own brand. I don’t care about some else’s brand.
Interviewer: So some would accused you of being narcissistic won’t it?
Samir Modi: You can accuse me of anything and that is your prerogative. I can’t influence that. But I can make you see the true Samir and what I am if you let me.
Interviewer: You don’t care.
Samir Modi: The day you accuse me of not being Samir, then I will truly stand up and care.
Interviewer: That’s when you have a problem.
Samir Modi: Yes that will be judgement day because I would not have done what I was willed to do. I’m 45 years old, I keep on telling myself that I will retire at 50.
Interviewer: And will you?
Samir Modi: Inshallah, I hope.
Interviewer: Inshallah.
Samir Modi: At the same time I wonder about what I will do after that, when I retire at 50, I’m a guy who cannot sit at home. I do a lot of research. My phone camera has two thousand photographs. I click everything everywhere, these pictures give me ideas and fuels my passion. When I create then I feel really alive. Therefore I need to create. That is the only way I can be who I am.
Samir Modi: I only know that if I am true to myself as a businessman, as an entrepreneur, as a father, as a boss, as a colleague, as long as I’m true to myself and I have not harmed you, then I’m in a good place. My parting shot to all entrepreneurs and businessmen – anyone can open a shop and be a business man. But give him a million dollars and if he can make a difference and along with that make it a billion – that’s entrepreneurship.
SAMIR MODI BIOGRAPHY
Samir Modi, as Executive Director of Godfrey Phillips India (GPI), the group’s flagship company he is credited with many firsts. He launched Colorbar Cosmetics, a world-class colour cosmetic company. He also is the brain behind India’s first of its kind convenience store – Twenty Four Seven Retail Stores.
Samir Modi is an alumnus of Harvard Business School, USA and graduated from the Hindu College, Delhi University. He completed his formative education from Doon School in Dehradun.
HIV / AIDS is a cause very close to Samir’s heart. In 1996, he established the Modicare Foundation to prevent the spread of AIDS. In 1998 he published and compiled a book called ‘The Positive Side’ that would raise awareness about HIV/AIDS. The Foundation won the President’s Award for its exceptional work in gender related issues in India.
Executive Director – Godfrey Phillips India Limited
President – Twenty Four Seven Convenience Stores
Managing Director – Colorbar Cosmectics Pvt. Ltd.
Executive Vice Chairman – Modicare Pvt. Ltd.
Vice Chairman – Modicare Foundation
Member – Retailer’s Association of India
Senior Vice President- Confederation of Asia-Pacific Chambers of Commerce
Member – National Executive Committee, FICCI
Member – PHD Chamber of Commerce & Industry
Member – All India Management Association
Interview with Sergey Katyrin, The Chamber of Commerce and Industry of the Russian Federation President
Can you name another chamber that serves as your inspiration? How and Why? My Russia is vast enough for me; the source of my inspiration, as you have put it, is the national system of chambers of commerce and industry. This is a unique structure. In “a vertical way,” it represents the interests of all […]
Interview with Sergey Katyrin, The Chamber of Commerce and Industry of the Russian Federation President
Sergey Katyrin, Chamber of Commerce and Industry of the Russian Federation (CCIRF) President
Can you name another chamber that serves as your inspiration? How and Why?
My Russia is vast enough for me; the source of my inspiration, as you have put it, is the national system of chambers of commerce and industry. This is a unique structure. In “a vertical way,” it represents the interests of all business strata – small, medium and large. And in “a horizontal way,” it embraces every sphere of enterprise – industry, trade, both domestic and foreign, agriculture, the financial system and services.
Its multifaceted nature and the multidirectional, multifactoral tasks the CCI system addresses on a daily basis are the main motivation for action. Of course, this does not mean we refuse to take a look at practices of chambers in other countries. We do, and we use their best practices in our work. This is the way it should be.
What are the most important decisions you make as a leader of your chamber?
These are the decisions aimed at reforming the Chamber: the elaboration and execution of the so-called Strategy 2020 and the creation of an Electronic CCI. These are also decisions to improve the management of CCI of Russia’s assets –the consolidation of core assets, the controlling stakes in the JSC Expocentre and JSC World Trade Center Moscow, and governance of their collegial executive bodies.
What is most important to your chamber – its mission, core values or vision?
These three notions are interrelated, so I think it would be wrong to view each of them as separate. The entire work of the Chamber is helping the Russian economy develop and integrate with the world economic system and to assist in the creation of favorable conditions for every type of entrepreneurial activity. We represent and stand for business interests in relations with the authorities. Yet, there is one important exception: while it is true that we are entrusted with defending, protecting and representing the interests of small, medium and large businesses, there is one essential condition: they must not run counter to public interests.
How do you motivate the chamber staff to share your vision?
The recipe is simple – openness and feedback. We plan and work to implement approved decisions as a team.
How do you encourage creativity in your chamber?
The most interesting and significant projects for the system are brought to life utilizing the financial capacity of the Fund for Support and Development of Chambers of Commerce and Industry under the CCI of Russia. In my opinion, seeing creative ideas, projects and proposals come to fruition is what employees of the CCI system and member entities find most rewarding.
What is the biggest challenge facing the chamber today?
Responding in a prompt and timely manner to the rapidly changing business environment in Russia and worldwide; suggesting to business and the authorities practical ways of overcoming unfavorable entrepreneurial conditions.
Can you explain the impact, if any, that social networking has had on the Chamber?
I would classify other Russian business associations and the Agency for Strategic Initiatives to Promote New Projects as CCI’s social network. Certainly, we deal with the majority of issues concerning domestic business together, while learning from one another and borrowing positive practices.
The CCI system maintains permanent contact with the authorities. The focal point is business, member entities united by chambers, and constant two-way communication between them. It is the interests of businessmen that determine the vector of operation of the system of chambers of commerce and industry.
What advice would you give other chambers?
Let’s be more active in our interactions. Russia is a big country. Please, work more actively with our territorial chambers and Russia’s regional business communities, and you will see enormous opportunities unfold for you and your businessmen.
What are you doing to ensure that the chamber continues to grow?
The development of our chamber fully reflects the developmental level of entrepreneurship; the chamber is a mirror of the economy of the region and the country. This is why we aspire to create the most advantageous business climate. This naturally includes providing new services that are in demand by the business community and expanding the geographic presence of the CCI.
What legacy do you want to leave behind?
There is, perhaps, no such legacy. There are problems that need to be solved. This is part of the daily routine.
What the CCI of Russia and its leaders have always done has met the spirit of a particular period of time and always served the interests of business and the benefit of Russia.
What do you consider to be the biggest challenge in operating the chamber?
To maximally provide for the interests of all our member entities, irrespective of what sector they belong to, the area in which they operate or their size.
What can the chamber do to widen its membership base?
In fact, just one thing: to become the place – or home, if you wish – where a businessman will feel needed and can receive support, services and protection. But this is not an easy thing to do.