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ASEAN & ASIA FOCUS 2021: Partnerships in Economic Recovery and Sustainable Infrastructure

18 Mar ASEAN & ASIA FOCUS 2021: Partnerships in Economic Recovery and Sustainable Infrastructure

Event Details
Date: Wednesday 31 March
Time: 9.30am – 12pm (Singapore Time)
Venue: Zoom

Programme

09:30am Introductory Remarks
Ms. Seraphim Cheong, Director of Operations, Singapore Institute of International Affairs
09:33am Welcome Remarks
Associate Professor Simon Tay, Chairman, Singapore Institute of International Affairs
09:40am Opening Keynote Address – ASEAN and Asia: Shared Challenges, Common Interests, and Opportunities
The Association of Southeast Asian Nations (ASEAN) and its neighbours face multiple shared challenges in the years ahead, including a turbulent external environment and demographic shifts at home. The COVID-19 outbreak exacerbated the uncertainty in the global economic outlook, raising questions about the future of trade and investment. The infrastructure gap in Southeast Asia remains a pressing need but “remains a bright spot that can increase business activity and employment”. Long term challenges including climate change and an aging population will require more attention in the next thirty years. This provides opportunities for stronger partnerships in Asia.

  1. How can Asian countries work together to support the COVID-19 economic recovery?
  2. How can ASEAN and its neighbours collaborate on infrastructure development and financing in ASEAN?
  3. How can Asia adapt to long term challenges on sustainability and an aging population?

Keynote Speaker:
Ms. Indranee Rajah, Minister in Prime Minister’s Office, Second Minister for Finance and National Development

09:50am

In-conversation:  Ms. Indranee Rajah, Minister in Prime Minister’s Office, Second Minister for Finance and National Development

Facilitator:
Associate Professor Simon Tay, Chairman, Singapore Institute of International Affairs

10:05am Panel 1 – Trade and Investment: Shifting Supply Chains and Prospects for Growth
A global recession has become a stark reality following the COVID-19 pandemic. Even before the outbreak, trying events such as the US-China trade war had already begun to unnerve businesses. Many ASEAN economies are highly dependent on trade and investment flows, including Singapore. Shocks to business confidence and the reshoring of supply chains would have significant implications for their economic prospects. It is critical for ASEAN to take stock of its relationships and explore avenues to strengthen economic partnerships.

  1. How has the global outlook changed in response to the COVID-19 outbreak? Which sectors and countries would be most affected?
  2. What are the drivers of shifting supply chains and what are the emerging growth opportunities?
  3. How Singapore, ASEAN and its neighbours expand their cooperation to address common challenges?

Panellists:

  • Carol Chong, Director Supply Chain Resilience Division, Singapore Ministry of Trade and Industry (MTI).
  • Pang Mei Yee, Vice President, DHL Consulting – Asia Pacific
  • Professor Jota Ishikawa, Faculty of the Graduate School of Economics, Hitotsubashi University

Moderator:
Mr. Manu Bhaskaran, Council Member, SIIA and CEO, Centennial Advisors


10:55am Break
11:05am Panel 2 – Quality and sustainable infrastructure: Bridging expertise with ASEAN’s needs
The pandemic has created another hurdle for ASEAN to meet its infrastructure needs. The sector is also increasingly vulnerable to the long term effects of climate change such as natural catastrophes. Sustainable infrastructure is therefore imperative and help contribute to the achievement of the UN’s Sustainable Development Goals (SDGs).Besides technical expertise and financing clout, countries are advocating for quality infrastructure. To build according to guidelines such as the G20 principles, launched during Japan’s presidency in 2019. Yet, commercial priorities – rather than sustainability principles – often drive decision making in ASEAN, and local conditions tend to vary across countries. There is a need to integrate environmental and social considerations in infrastructure investment.

  1. What is the role of infrastructure development in supporting ASEAN’s post-pandemic recovery process?
  2. How can ASEAN uphold high quality standards of infrastructure (e.g. G20 QII principles) and achieve SDGs?
  3. What are the challenges faced by ASEAN in attracting private capital and how do we overcome them?

Panellists:

  • Isabel Chatterton, Director & Regional Head of Industry, Asia Pacific, Infrastructure, IFC
  • Lim Wee Seng, Managing Director, Head of Energy & Infrastructure, DBS Bank
  • Masahiro Kawai, Representative Director and Director-General, Economic Research Institute for Northeast Asia (ERINA)

Moderator:
Mr. Satyanarayan Ramamurthy, Partner, Head of Infrastructure, Government and Health Care, KPMG Singapore


11:55am Closing Remarks
Ms. Seraphim Cheong, Director of Operations, Singapore Institute of International Affairs
12:00pm END

Registration:

This event is exclusive to SIIA members only. If you wish to express your interest in joining the forum, please kindly email us at [email protected].