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Friday, August 11, 2006
Asean business meeting to focus on investments

“Bringing Asean (Association of Southeast Asian Nations) business to the world” is the theme for this year’s Business and Investment Summit, one of the activities of the Asean summit series in December.

According to a document furnished to Sun.Star Cebu, the Asean Business Advisory Council and the Philippine Chamber of Commerce and Industry aim to focus the event, which will be held on Dec. 7 to 10, on the business opportunities within the Asean region, especially the Philippines.

The other events related to the summit are Asean Leaders Summit and the Summit with the Asean Dialogue Partners (China, Korea and Japan.)

Opportunity

The Asean is composed of Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Vietnam.

In an interview, Man-daue Chamber of Commerce and Industry Eric Mendoza said the summit would be an opportunity for Cebu to impress the international delegates.

Some 200 seats are being reserved for international delegates—those from outside the Asean region but who have interest in doing business or investing within the Southeast Asia—aside from Asean participants and dialogue partners.

The Business and Investment Summit in Kuala Lumpur last year attracted more than 500 participants from around the Asean region. The highlight of that meeting was the final day— “business meets government” dialogue session with the Asean heads of government as well as those of the three Asean dialogue partners.

A similar dialogue, with improvements using modern communication media, will also be featured in this year’s meeting in Cebu, which will transform the four-day face-to-face meeting into an opportunity for ongoing interaction among delegates through virtual conferencing. (JBN)

For Bisaya stories from Cebu. Click here.

(August 11, 2006 issue)
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