Photo Caption: In its efforts to bridge ASEAN Governments with its private sectors, the ASEAN Business Advisory Council (ASEAN BAC) launched the ASEAN Business Awards (ABA) in 2007 to give recognition to enterprises that have contributed to the growth and prosperity of the ASEAN economy.
The search is under way for the best Philippine companies that will go on to compete in this year’s ASEAN Business Awards.
As the hosts of ASEAN 2017, the ABA will take place in Okada Manila, Parañaque City, Philippines on September 6, 2017. ASEAN-BAC Philippines, comprised of the current ASEAN-BAC Chair, Presidential Adviser for Entrepreneurship Joey Concepcion, and members Teresita Sy-Coson (SM Group) and George Barcelon (Philippine Chamber of Commerce and Industry) will spearhead the event.
Nominations are on-going and will be accepted by the Philippine secretariat of the ASEAN-BAC until June 15, 2017.
The contest is open to large corporations, as well as small and medium enterprises (SMEs). There are three main categories broken down into further sub-categories. The SME Excellence Awards will award businesses according to the sub-categories of Growth, Employment, Innovation, Corporate Social Responsibility (CSR), Young Entrepreneur of the Year Award and the Woman Entrepreneur of the Year Award.
Another category is the 12 Priority Integration Sector Awards. Qualifiers for this award must exhibit outstanding performance in the sectors of Fisheries, Electronic, e-ASEAN / ICT, Textiles, Logistics, Wood-Based, Rubber, Agri-Food, Healthcare, Tourism, Automotive, Retail.
Lastly, the Special Awards category is composed of the Inclusive Business Award — given to business models that help alleviate the poverty and inclusion problem — and the Friend of ASEAN Award, which will be given to a non-ASEAN enterprise growing its presence within the region.
ABA brings to the spotlight promising and outstanding ASEAN companies that have the potential of becoming global economic players. “It is a privilege for our country to host the 50th anniversary of ASEAN. For this year, ASEAN Business Advisory Council is celebrating the 10th ASEAN Business Awards. This Awards recognizes outstanding ASEAN enterprises which have exemplary record of growth and success not only in their home country but also in our ASEAN member countries. Many companies and entrepreneurs have been awarded in the past years and we want to showcase more SMEs in the ASEAN platform. We encourage more enterprises from the ASEAN region to join this year’s search,” ASEAN-BAC Chair Joey Concepcion said.
The contest is part of the activities to mark ASEAN integration which brings the bloc’s 10 economies closer together.
ASEAN is made up of the Philippines, Indonesia, Thailand, Malaysia, Singapore, Vietnam, Brunei, Myanmar, Cambodia and Laos.
For inquiries on ABA and the application process you may contact [email protected] or visit the official website at www.aba2017.com. Application period is from March 13 to June 15, 2017.