Malaysia’s Prime Minister Mahathir meets RP business leaders


ASEAN Business Advisory Council Philippines and business leaders met with Malaysian Prime Minister Tun Dr. Mahathir Bin Mohamad (seated left) and his selected economic officials last March 7, 2019. In photo: (seated right) ASEAN BAC Philippines Chairman Joey Concepcion. (Standing L-R) Gil Gonzales, Executive Director of ASEAN Business Advisory Council; Henry Lim Bon Liong, President and CEO of SL Agritech Corporation; Daniel Zuellig, Managing Director of F.E. Zuellig Inc.; Alice Eduardo, President and CEO of Sta. Elena Construction and Development Corporation; Dennis Uy, Chairman and CEO of Udenna Corporation; Manny Villar, Chairman of Vista Land Corporation; Tessie Sy-Coson, Vice Chair of SM Investments Corporation; William Belo, CEO and Founder of Wilcon Depot; Josephine Gotianun-Yap, President and CEO of Filinvest Land Inc.; Rosalind Wee, Co-founder and Vice Chairman of W Group; Sandy Prieto-Romualdez, President and CEO of Philippine Daily Inquirer; Ginggay Hontiveros-Malvar, Adviser on Agripreneurship of Go Negosyo; and Josephine Romero, Senior Adviser to the ASEAN Business Advisory Council Philippines Chairman.

Last week, the ASEAN Business Advisory Council Philippines together with some business leaders had the privilege of meeting Malaysia’s Prime Minister Dr. Mahathir Bin Mohamad. This is the third time that I saw him, following his attendance of the ASEAN Business Awards in Singapore and our meeting in Malaysia led by Tan Sri Dr. Munir Mohamad Majid. PM Mahathir is in the country for an official visit upon the invitation of President Rodrigo Duterte to discuss political, economic and social cooperation between Malaysia and Philippines.

Malaysian Prime Minister Tun Dr. Mahathir Bin Mohamad with ASEAN Business Advisory Council Philippines Chairman Joey Concepcion during a bilateral meeting last March 7, 2019. The two first met in Malaysia during the ASEAN Business Awards celebration last year in Singapore. The meeting was also attended by Prime Minister’s selected economic officials and Philippine business leaders.

I was joined by my ASEAN BAC co-member Tessie Sy-Coson together with Manny Villar, chairman of Vista Land Corporation; Henry Lim Bon Liong, president and CEO of SL Agritech Corporation; Daniel Zuellig, managing director of F.E. Zuellig Inc.; Alice Eduardo, president and CEO of Sta. Elena Construction and Development Corporation; Josephine Gotianun-Yap, president and CEO of Filinvest Land; Dennis Uy, chairman and CEO of Udenna Corporation; William Belo, CEO and founder of Wilcon Depot; Rosalind Wee, co-founder and vice chairman of W Group; Gil Gonzales, executive director of ASEAN Business Advisory Council; Ginggay Hontiveros-Malvar, adviser on agripreneurship of Go Negosyo; and Josephine Romero, senior adviser to the ASEAN Business Advisory Council Philippines chairman.

Malaysian Prime Minister met with ASEAN Business Advisory Council Philippines led by its Chairman and Presidential Adviser for Entrepreneurship Joey Concepcion and ASEAN BAC Philippines Member and Vice Chair of SM Investments Corporation Tessie Sy-Coson. Other business leaders in the photo are Dennis Uy, Josephine Gotianun-Yap, William Belo, Manny Villar, Alice Eduardo, and Daniel Zuellig.

 

Henry Lim Bon Liong, President and CEO of SL Agritech Corporation, Tessie Sy-Coson, Vice Chair of SM Investments Corporation and ASEAN BAC PH Chair Joey Concepcion.

Selected members of Malaysia’s economic team also joined the bilateral meeting, which revolved around strengthening the economic relations of Malaysia and Philippines through infrastructure investments, and exchange of goods and services between the two countries.

ASEAN BAC Philippines led the meeting with Malaysia Prime Minister Tun Dr. Mahathir Bin Mohamad.

I thanked Prime Minister Mahathir for always giving time to meet and support the business sector. I also took the chance to express our appreciation for being instrumental in the peace process.

Malaysian Prime Minister Tun Dr. Mahathir Bin Mohamad with ASEAN Business Advisory Council Philippines Chairman Joey Concepcion during a meeting last March 7, 2019.

Malaysia PM Mahathir Mohamad Discusses Trade and Commerce with ASEAN BAC

The ASEAN Business Advisory Council members together with Malaysian Prime Minister Tun Dr. Mahathir Mohamad.

KUALA LUMPUR — ASEAN Business Advisory Council (ASEAN BAC) Malaysia Chair Tan Sri Dr. Munir Majid organised the roundtable discussion together with ASEAN BAC chairmen and Malaysian Prime Minister Tun Dr. Mahathir Mohamad in Malaysia last August 30, 2018.

“We are honored to engage with Prime Minister Mahathir Mohamad for three hours. A small group of ASEAN Business Advisory Council chairs and special guests was invited by ASEAN BAC. PM Mahathir, who is 93 years old, is very strong, has a great memory and greatly answers the questions that were asked. He is the last remaining leader of that era in ASEAN,” ASEAN BAC PH Chair Joey Concepcion highlighted after the event.

ASEAN Business Advisory Council Philippines chairman Joey Concepcion with Malaysian Prime Minister Tun Dr. Mahathir Mohamad.

Furthermore, the roundtable revolved mainly on trade wars between countries and the tariffs implemented which then leads to protectionism, commitment to free trade and open economies. Also, the council pointed out barriers to trade, investment and movement of skilled labour should be reduced to achieve regional growth and a chance for ASEAN countries to lead in the market and be the fourth largest economy in the world by 2050.

 

Tan Sri Dr. Mohd Munir Abdul Majid and ASEAN BAC Chairs welcome PM Mahathir to the meeting.

It was then suggested that ASEAN could collaborate in advanced technologies such as semiconductors, robotics, additive manufacturing, artificial intelligence, quantum computing and more innovative ideas since ASEAN is now entering the Industry 4.0. Additionally,  business leaders at the roundtable brought up the force of technology in the digital economy which would drive productivity and growth, and render greater connectivity and economic integration in Asean.

With an enabling society that nurture and invest in education and training, as well as policies that empower every ASEAN countries thus inclusive growth and prosperity will be achieved.



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