Posts tagged events
From 25-28 April 2012, the Economic Ministers from ASEAN countries and the Secretary-General of ASEAN will attend a road show in Sendai and Tokyo, Japan, to discuss opportunities for Japanese businesses looking for new opportunities in Southeast Asia.
During the road show, the Ministers will hold dialogues with politicians, bureaucrats and business leaders, participate in symposia, tour Japanese companies and factories, and visit the sites affected by the Great East Japan Earthquake.
Issues to be discussed include the overview and status of trade and investment in the region, and there will be a presentation on the prospects of ASEAN regional integration by the ASEAN Secretariat, ADBI and Denso International Asia, a Japanese company operating in Thailand.
The ASEAN Road Show aims at building strategic economic partnerships between Japan and ASEAN countries in public and private sectors and enhancing and promoting trade and investment in East Asia region. It is organized by the Economic Research Institute for ASEAN and East Asia (ERIA), with support from the Japan External Trade Organization (JETRO) and Tokyo’s ASEAN-Japan Centre.
For further details, please see: ERIA
Malaysia’s BIO International delegation has announced four new deals, including two new investments into Iskandar Malaysia’s Bio-XCell technology park and two partnerships between BioNexus-status companies (see below) and foreign firms.
The two partnerships were: a Technology Licensing Agreement in the bio-refinery sector between Lestari Pacific Sdn Bhd and UK-based Arter Biofuel Products Ltd., and a memorandum of collaboration between Pristine Oil (M) Sdn Bhd and Norway’s Bio Protein AS. The latter deal will establish a new RM608 million (US$20 million) plant in Malaysia to produce a bio-protein to replace fishmeal in the aquaculture industry, according to Business Times.
Pharmaceutical company Agila Specialties (formerly Strides Specialties) Sdn Bhd Americas also announced it would set up a 3.2 hectare facility to produce biopharmaceuticals and sterile injectables at Bio-XCell park for the global market, costing up to $60 million. Meanwhile, Malaysia’s largest industrial gases supplier MOX-Linde also signed a memorandum of collaboration to establish a gas distribution facility at the park. The company plans to extend its facility to include an electronics specialty gases warehouse and separation plant should demand increase.
BioNexus is a government sponsored program awarding special status to biotech companies meeting specified criteria, allowing them to access tax incentives, support programs and a ‘Bill of Guarantees’. Its purpose is to promote international partnerships and commercialization of Malaysian-developed biotechnology. Only 3% of companies in the program have achieved ‘maturity’, determined by workforce and revenue figures, but the plan is to increase this to 5-7% by the end of its first phase in 2015. 188 companies have signed on to date.
Some big events this year are helping Malaysia build its reputation as a global hub for biotechnology research and development, providing the chance to show off Malaysia’s progress so far and assisting collaboration and networking opportunities with some of the world’s most major players.
Several Malaysian representatives attended the 2011 Biotechnology Industry Organization (BIO) International Convention, which ends today in Washington DC. The world’s largest conference of its kind, it brought together 1,700 attendees from world’s biotechnology and pharmaceutical sector and related policymakers. Malaysia’s delegation included the Malaysian Genomic Institute, Agro Biotechnology Institute, Malaysia Pharmaceutical and Nutraceutical Institute, Kulim HiTech Park and Invest Melaka.
Malaysia’s Deputy Prime Minister Muhyiddin Yassin was even given the honor of launching the convention with BIO President and CEO, James C. Greenwood, and Maryland State Governor, Martin O’Malley. The Deputy PM will meet with US based companies to highlight Malaysia’s latest biotech incentives and hopefully encourage them to invest in the local sector.
The other big event is the 8th annual BioMalaysia 2011 conference, from 21-23 November at the Kuala Lumpur Convention Centre. The region’s largest biotech event features a conference and exhibition, as well as the 2011 ‘BioInno Awards‘ to recognize gains made by Malaysians in the biotech sector who will then go on to represent the country in international awards competitions.
Malaysia’s event also includes the sixth annual 2011 Pacific Rim Summit on Industrial Biotechnology and Bioenergy on 29 November, the first time the summit has been held outside the United States.
sources: MIDA, various conferences
An American delegation of 13 leading entrepreneurs and early-stage investors will visit Indonesia to check out the local startup scene from 19-24 July 2011.
Hosted by the Global Entrepreneurship Program Indonesia (GEPI), the group seeks to strengthen the two countries’ business ties under the Comprehensive Partnership, a bilateral cooperation agreement signed last year. Improving trade and investment is one of the Comprehensive Partnership’s six pillars, and entrepreneurship is seen as one of its key drivers.
At finale of the July event, 32 selected Indonesian start-ups will present their business plans to the delegation led by Mr. Steven Koltai, the State Department’s Senior Advisor for Global Entrepreneurship. Registered startups will post their ideas on GEPI’s website for everyone to peruse, and the delegation will judge winning presentations in Bali on 22 July.
The also mark the beginning of the Regional Entrepreneurship Summit in Bali from 23-24 July, supported by Indonesian entrepreneur support network MEKAR and attended by representatives of startups from ASEAN, India and China.
Singapore will host ‘TravelRave 2011′ from October 17-23, a series of related events designed to showcase business opportunities in the Asian travel industry. It will be the second of its kind, after the success of TravelRave last year saw 8,000 participants.
Along with the region’s economies and middle class wealth, Asia’s tourism industry is booming and the number of international arrivals grew 13% last year over 2009. The Singapore Tourism Board, which organizes the event, says it’s Asia’s ”only mega tourism and travel festival” and will show that Asia is leading the world’s tourism industry recovery.
Bringing all the events to one time and place should ease things for attendees. Events will include the ITB Asia travel fair, a conference on hotel and tourism investment, an annual meeting of Asian convention and travel bureaus, and a nice-sounding ‘retreat’ for policymakers and industry leaders hosted by the UN World Tourism Organization.
source & article: AFP via Yahoo! News
The business promotion and networking organization Africsea will hold its 2011 Africa & Southeast Asia Business Forum at the Mandarin Oriental Hotel in Kuala Lumpur on 19-20 April. Events and speakers will focus on the opportunities that exist in cooperation between the emerging economies in both regions, with sessions on Oil & Gas, Real Estate, Banking & Finance (including Islamic finance), Consumer Markets, Infrastructure and Agribusiness. There will also be seminars to introduce the countries involved and provide updates on their progress via national economic development organizations.
Africsea is a relatively new organization, formed in 2010 by the A&G Group to ‘stimulate economic exchange between the two regions’. It intends to be a permanent fixture to enable African companies to learn from the experience of their Southeast Asian counterparts through partnerships and investment.
The annual Manufacturing Indonesia exhibition will take place at the Jakarta International Expo again in the first week of December 2010, presenting a full range of industrial manufacturing equipment and machinery amid signs Indonesia’s manufacturing sector will continue its recent impressive growth.
The exhibition will be the largest in Indonesia to date, targeting almost every major industry. Major sections are: Machine Tools, Tools & Hardware, Industrial Automation and Vehicle Manufacturing, featuring national pavilions from China, Thailand, Taiwan, Korea, Singapore, Austria, Germany, Turkey and UK.
A number of conferences and individual seminars will run alongside the event, as will the Plastics and Rubber and ProPak Indonesia exhibition. Manufacturing Indonesia will take place at the Jakarta International Expo from 1-4 December 2010. Full details are available at the event’s website.
Indonesian President Susilo Bambang Yudhoyono today opened the Indonesia Business-BUMN Expo and Conference (IBBEX) 2010, a two day conference to promote the country’s state-owned enterprises (SEOs). Focus is on areas such as mining and energy, banking/finance, logistics and agri-business.
IBBEX 2010 is aimed at both business players and the general public. Activities will involve an exhibition and discussions on the current role of Indonesia’s SEOs, their strategies for expansion in the future and ways to compete in the global marketplace, both within Indonesia and overseas.
President Yudhoyono has also ordered a thorough review of all SEOs and their activities by 2013 in an effort to maintain competitiveness, and given his ministers authority to merge, restructure or even liquidate inefficient enterprises if necessary.
“If there are still SOEs that are inefficient, not productive, not profitable and with no prospects, something will have to be done,” he said in his speech opening the expo.
Indonesia has 141 SEOs covering several business sectors, which brought in Rp 45.3 trillion (US$5.06 billion) in net profit in the first half of 2010, an 18.26% increase on the same period last year.
source & articles: The Jakarta Post
Those interested in building their knowledge of Alternative/Islamic Finance opportunities might want to check out the Sukuk Asia Forum 2010 in Jakarta. Sukuk (Islamic bonds) have been getting a lot more press in recent times thanks to the financial crisis and those who consider them far more secure than ‘traditional’ debt trading. While some Western countries (especially Europe) have taken a token interest and a few Middle Eastern operations have faltered, many are looking to Southeast Asia with its combination of financial savvy and large Muslim populations to show the rest of the world what can be achieved. That much of the general public in well-populated markets like Indonesia are unaware of Islamic investment alternatives is seen as another potential for growth.
The forum will run from 21-22 September 2010 and will focus on issues like innovative product development, risk management, arbitration in resolving sukuk defaults, and the globalization of Islamic Finance.
Private equity investors looking for new opportunities in Indonesia might like to check out the Private Equity Indonesia Summit 2010 in Jakarta this October. PE investment in Indonesia looks set to reach US$1 billion in 2010 and total foreign direct investment should rise to $30-35 billion, thanks to the growing economy and government regulatory initiatives. Indonesia’s demographics provide an extra attraction as a large young generation enter the workforce and become active consumers, while the elderly population is declining. Summit speakers say the best opportunities will come to investors who build direct knowledge of the Indonesian market and seek out medium-sized deals, particularly in less-traditional areas like pharmaceuticals and retail.
Summit topics will include policy and the regulatory environment, building local partnerships, innovative investment tactics and sector reviews. Representatives from the corporate & private equity worlds and Indonesian government agencies will participate.