ASEAN Business Advisory Council (Singapore)
Aligned with the Chairmanship of ASEAN, Singapore held the Chairmanship of ASEAN Business Advisory Council (ASEAN BAC) in 2018. The ASEAN BAC was inaugurated in April 2003 following the decision of the ASEAN leaders at the 7th ASEAN Summit in Bandar Seri Bengawan, Brunei Darussalam on 5 - 6 November 2001. The ASEAN BAC is mandated by the ASEAN leaders as the official ASEAN linkage to provide private sector feedback and guidance to boost ASEAN's effort towards economic integration, to identify priority areas for consideration by the ASEAN leaders, and to provide policy recommendations to the ASEAN leaders.
The Singapore Business Federation is appointed by the Ministry of Trade and Industry, Singapore to perform the role of the national secretariat for ASEAN BAC (Singapore), in providing support for the works of ASEAN BAC (Singapore) Council Members.
For more information on ASEAN BAC, please visit https://www.asean-bac.org/.
ASEAN Business Advisory Council (ASEAN BAC) 2020ASEAN BAC (Vietnam) assumes the chairmanship in 2020. Themed "Digital ASEAN for Sustainable Development", ASEAN BAC (Vietnam) will represent the big and continuing role of the private business community – in particular the Micro, Small and Medium Enterprises (MSMEs) – to help promote innovation, creativity, and a sense of responsibility for the region's inclusiveness and sustainable development.
Key Events of ASEAN BACDigitize ASEAN – Singapore
Organised by the ASEAN BAC (Singapore) and SBF, the annual conference brings together government, industry leaders, and experts across ASEAN to share on the latest trends, insights and strategies for businesses to better leverage on opportunities the digital economy brings. The fourth edition of Digitize ASEAN will be held on 25 June 2020 in Singapore.
ASEAN Business Awards (ABA)
The ASEAN Business Awards aim to focus the spotlight on promising ASEAN companies, and acknowledge them as role models for other ASEAN companies to emulate. Nomination for ABA 2020 starts from April to August 2020, and winners will be announced at the Gala Night in November, held in Hanoi, Vietnam.
ASEAN Business and Investment Summit
The ASEAN Business & Investment Summit is a mandated activity of ASEAN BAC. It will be held in November in conjunction with ASEAN Summit. The ABIS is a platform for political leaders to share their views on the business and investment landscape in ASEAN. The summit will also touch on key topics related to ASEAN.
ABIS 2020 will be held from 13 to 14 November 2020 at the National Convention Center, Hanoi, Vietnam. Key topics of ABIS 2020 would consist of Strengthening Partnership for Sustainable Development, Technology and Labor Development, Smart Agriculture in Industrial 4.0, Green Growth and CSR, Smart Logistics in the Development of Smart Cities, and ASEAN Digital Start-up Network.
To find out more about the above key events of ASEAN BAC, please e-mail us.