Following the success of the inaugural ASEAN Conference in 2015, RSM, along with Founding Conference Partners – United Overseas Bank, Rajah & Tann and the Singapore Business Federation, presented ASEAN Conference 2016 on 31 May 2016 to focus on the need for businesses to adopt new mind-sets, develop the right strategies and form effective collaborations to leverage on the rising opportunities.
Singapore Trade and Industry (Trade) Minister Lim Hng Kiang spoke at the conference and updated attendees of the ASEAN Economic Community’s recent achievements. He highlighted the elimination of import duties by the Asean-6 as well as emphasized that ASEAN nations have collectively completed over 90% of high-priority measures in the AEC 2025 blueprint.
A series of panel discussions also touched on pertinent issues such as the impact of disruptive technologies on businesses, how businesses from US, UK and Japan have successfully partnered ASEAN companies for growth, as well as explored the huge opportunities that the One Belt One Road initiative presents to ASEAN nations.
Doing Business in ASEAN – 2nd Edition
In conjunction with the conference, the Doing Business in ASEAN guidebook was also updated to its 2nd edition, featuring the addition of a new "E-Commerce in ASEAN" segment that provides a country by country breakdown of the respective e-commerce and fintech industries, relevant legislative frameworks, government incentives and recent developments.
The guidebook serves as a useful reference for business owners and investors seeking to learn more about ASEAN and its member states, as well as about existing regional initiatives and those that are still under negotiations.