Category Archives: Blog

IMG_1144

Right Approach to the Massive ASEAN Opportunity

By | Blog | No Comments

We were honoured to have been invited by the Export Council of Australia to contribute an article about ASEAN for their International Business Trader, Winter 2017 edition.  Our feature article “Right Approach to the Massive ASEAN Opportunity” discusses the opportunity that ASEAN represents, identifies the key challenges and shares some learnings on what we think is the right approach to engaging and doing business in the region.  A full version of the article can found here.

 

IMG_3909

Australia-ASEAN Business Relations Conference 2016

By | Blog | No Comments

      SBGAust logo   ASEAN         Venturenauts Logo

 

 

 

 

 

Australia-ASEAN Business Relations:

A New Era of Trade, Investment and ‘Doing Business’ Opportunities

Friday 19 August 2016     8.15am – 5.00pm

Tattersalls Club, 215 Queen St, Brisbane

The Australia-ASEAN region is undergoing historic changes that impact businesses, especially SMEs, domestically and internationally.

Landmark agreements such as the ASEAN Economic Community, Trans-Pacific Partnership, Regional Comprehensive Economic Partnership, AANZFTA and others, make it critical for Australian and ASEAN businesses to be informed and position themselves to benefit from the opportunities which these agreements present. Unprecedented world events like Brexit will also have a regional impact.

This conference is a comprehensive full-day ‘How-To’ event for Australian and ASEAN businesses currently engaged in or thinking of doing business in this growing region. Understand the ASEAN region, the implications of Brexit and get insights into the uniqueness of developed and ‘frontier’ ASEAN markets like Singapore, Thailand, Malaysia, Laos, and Myanmar.  Key speakers include:

(As at 9 August 2016)

From ASEAN

  • H.E. Kwok Fook Seng, Singapore High Commissioner to Australia
  • Syed Nabil Aljeffri, Secretary General, ASEAN Business Advisory Council
  • Dr Sufian Jusoh, ASEAN Investment Policy Expert, World Trade Institute and World Bank
From Australia
  • Mark Thirlwell, Chief Economist, Austrade
  • Prof Alice Woodhead,  Professor (Value Chains), USQ and Australia-ASEAN Council Board Member
  • Peter McKenna, Venturenauts and Consultant, Asian Development Bank
  • Andrew Rankin, Partner, DibbsBarker
  • Tegan Brink, Assistant Secretary, Office of Trade Negotiations, Dept of Foreign Affairs and Trade
  • Lisa McAuley, CEO, Export Council of Australia
  • Louise McGrath, National Manager Business and International Advisory Services, AiGroup
  • Ken Devencorn, Rail Operations and Management Director Australlia-Asia, Hatch
  • Janelle Chapman, Director TAFE Queensland International

Moderators and Co-Hosts 

  • Eleanor Mak, Managing Director Venturenuts; President Australia-ASEAN Business Council Inc
  • Andrew Foo, President Singapore Business Group (Aust) Inc; Managing Director Drew International

Learn from ASEAN and Australian business leaders and experts:

  • How the region is changing and impacting business
  • Key business opportunities and challenges
  • Critical trade and investment insights
  • Connecting to regional and global value chains
  • Market entry strategies and business models
  • Legal structuring to minimise risk for international ventures
  • Investing in economic diplomacy

AGENDA (Draft)

7.15 am    DIBBSBARKER NETWORKING BREAKFAST 

8.00 am   Registration

8.30 am  WELCOME

  OPENING REMARKS

  KEYNOTE ADDRESS

Singapore High Commissioner to Australia

  SESSION 1:  UNDERSTANDING THE ‘NEW’ REGIONAL ECONOMY

  • Impact of Historic Trade Pacts for Australia and ASEAN
  • Opportunities in ASEAN for Australian companies
    • Business Perspectives (Case Study 1)
    • Panel Discussion and Q&A

  SESSION 2:  CONNECTING TO REGIONAL MARKETS

  • Tapping into Regional Value Chains
  • Market Entry Strategies and Models
    • Business Perspectives (Case Study 2)
    • Panel Discussion and Q&A

  SPECIAL GUEST SPEAKER – LUNCH

Syed Nabil Aljeffri , Secretary General, ASEAN Business Advisory Council; and Co-Chair, Malaysian Association of ASEAN Young Entrepreneurs

  SESSION 3:  POSITIONING FOR SUCCESS IN REGIONAL MARKETS

  • Australia-ASEAN Trade and Investment Insights
  • Legal structuring to minimise risk in ASEAN markets
    • Business Perspectives (Case Study 3)
    • Panel Discussion and Q&A

  SESSION 4:  COMPETING IN ASEAN MARKETS

  • Engaging Competitively in the Region
  • Australia-ASEAN Business Council
    • Regional Business Initiatives
    • Panel Discussion and Q&A

5.00 pm  THANKS AND CLOSE

 

Moderators and Hosts

  • Eleanor Mak, Managing Director Venturenauts; President Australia-ASEAN Business Council Inc
  • Andrew Foo, President Singapore Business Group (Aust) Inc; Managing Director Drew International

 

REGISTER NOW

Tickets  (includes GST, refreshments, lunch and conference materials):

  • INDIVIDUAL ticket – $520 
  • CORPORATE ticket – $500 (minimum of 4 tickets) 
  • STUDENT ticket – $300 (apply for reduced rate by emailing [email protected])

Plus:

  • Invitation to DibbsBarker VIP networking breakfast
  • Entry in draw for 10 x $200 Scoot airline vouchers

REGISTER AND PAY:  http://www.sbgaust.com.au/events/australia-asean-day-conference-2016/

OR

DIRECT DEBIT : Singapore Business Group (Australia) Inc   BSB: 034061     Account Number: 394256 (please email [email protected] after direct payment transfer)

Limited seating. Registrations close Monday 15 August 2016.

 

ENQUIRIES:

Eleanor Mak, Venturenauts, +61 423 492 330, [email protected]

Andrew Foo, SBGA, +61 439 891 628, [email protected].

SPONSORS

Scoot

TIQ

 

 

DibbsBarker

WestpacTattersalls 150 years logo PMS 872

 

SUPPORTERS

From ASEAN
ABAC     IKMASUKM

 

 

 

From Australia

Austrade               QLD GovAABC_logo_Standard_With_Tagline                                    AAC                             First 5000  ACCI

ECA Logo   AIGroup        AIBC

 

unnamed

“Keeping the Right Balance in Asia”

By | Blog | No Comments

We had the pleasure of attending a recent address titled ‘Keeping the Right Balance in Asia’ by the Hon John Howard OM AC, former Prime Minister of Australia.  Mr Howard delivered the inaugural Asia Lecture at the Griffith Asia Institute, Griffith University in Brisbane Australia.

Mr Howard discussed Australia’s emerging and evolving relationships across the Asian region including China and ASEAN.

He shared the historic days in 2003 when US President George W Bush’s address to the Australian Parliament was followed the next day by the address of the President of the People’s Republic of China Hu Jintao. These events signalled Australia’s growing diplomatic position in the Asia Pacific to the world, and demonstrated there was no need to ‘choose friends’ between Australia’s traditional ties and its growing relationship with developing powers.

Mr Howard observed that Australia was (and is still being) developed on the back of foreign investment, and that Australia should be open to foreign investment subject to the normal checks and balances.

Good reminders as Australia seeks greater engagement and ties with its neighbours in the Asian Century.

Implementing RIA in Lao

Implementing Regulatory Impact Assessment (RIA) in Laos

By | Blog | No Comments

Venturenauts is honoured and privileged to be leading the Lao government’s project team implementing regulatory impact assessment (RIA) as part of legislation making and amending processes in Laos.

At the recent meeting of the Lao Government RIA Task Force, chaired by the Vice Minister of Justice, H.E. Prof. Ket Kiettisak, Venturenauts’ Managing Director Peter McKenna gave an overview of the status, lessons and challenges with project implementation.

The Task Force, consisting of senior officials from economic ministries across the Lao government and the Asian Development Bank, confirmed the importance of the RIA Project. RIA targets the removal and prevention of unintended consequences and unnecessary costs from legislation on businesses, reducing the cost of doing business in Laos and making Lao markets and businesses more productive and competitive, and fostering a business environment in Laos that is more attractive to local and international investors.

Implementation of RIA in Laos is important and timely, given the country’s GDP growth targets, participation in the global economy, and commencement of the ASEAN Economic Community.

AEC2

Get ASEAN’d! Position your SME for the Opportunity on Australia’s doorstep

By | Blog | No Comments

If you are looking to do business in Asia, it’s not just about Japan, Korea, China or Indonesia. The ASEAN region is an exciting opportunity, being one of the world’s largest and fastest growing markets that sits right on our doorstep.

ASEAN member countries comprise Brunei Darussalam, Cambodia, Lao PDR, Indonesia, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Vietnam.

This diverse group has achieved incredible progress over the last 30 years, becoming an economic powerhouse in the region. Collectively, ASEAN is the 7th largest economy in the world with a population over 600 million, a fast expanding middle class and GDP over US$ 2 trillion growing annually at around 5%.

The full-version of this blog (and comments) was originally published in the First 5000 (a business network for Australia’s most significant mid-sized companies).  It outlines why Australian SMEs and investors should seriously consider an ASEAN business strategy, and looks at the attractions and challenges.

Attractions include:

  • Needs and demands in every sector
  • 

Accelerating growth in consumers and consumption
  • A feasible alternative for manufacturing
  • Free movement of goods, services, investment and labour across the region
  • Free trade agreement with Australia
  • Access to other major Asian markets

Challenges include different cultures, business practices, languages and regulations across ASEAN, with individual countries differing in their level of market maturity.

The blog concludes that Australian SMEs and investors have generally shied away from an ASEAN business strategy. But now there is a lot of attractiveness about ASEAN, especially with the ASEAN Economic Community commencing in 2015. The return on investment is definitely tipping positive. It’s time to get ASEAN’d!

Oxford Group Photo

OXFORD UNIVERSITY: ASEAN Economic Integration Forum 2015

By | Blog | No Comments

We are proud that Venturenauts’ Managing Director Peter McKenna was an invited expert speaker at the inaugural ASEAN Economic Integration Forum at University of Oxford’s St. Antony’s College on 10 November 2015. This forum marked the launch of the ASEAN Economic Community 2015 and was convened by the Asian Studies Centre at St Antony’s College, University of Oxford, the Institute of Malaysian and International Studies (IKMAS) at Universiti Kebangsaan Malaysia, and the World Trade Institute, University of Bern.

The main objectives of the ASEAN Economic Integration Forum 2015 were to discuss the economic governance challenges facing ASEAN Member States as they strive to establish the ASEAN Economic Community (AEC), and explore forward looking proposals to enhance the implementation of the ASEAN Economic Community 2025 objectives.

New research and thinking was provided by speakers and hotly discussed amongst the Forum’s international participants. Cutting-edge perspectives were shared on topics ranging from the political economy of ASEAN’s member states to explain progress with the AEC, to examining the disparity, gaps, and openness in building connectedness (eg., production chains) across members states that unlocks the potential of ASEAN. Co-Convenor of the Forum Associate Professor Dr Sufian Jusoh provided a very interesting and topical case study on integrating Myanmar into the AEC.

Venturenauts’ Peter McKenna was privileged to be invited as the sole business speaker at the Forum. Peter’s presentation outlined the opportunities and challenges for business with the AEC from both an ASEAN and Australian business perspective, likely winners and losers, and detailed necessary collaborations that business needs with government and academia across ASEAN to make the AEC an business and economic success.

Peter provided examples of collaborations that support SMEs which included raising awareness of ASEAN and the AEC across the community, developing international skills and knowledge in businesses and governments, training executives and officials in economic diplomacy, and addressing regulatory reform and harmonization at national and regional levels. This practical and strategic thinking resonated strongly with international participants.

Planning for the ASEAN Integration Forum 2016 (proposed to be held in Malaysia) is commencing. Early expresssions of interest from partners, sponsors and interested supporters are being sought. If interested in learning more, please contact us.