Tuesday, 7 June 2011

Low Jeng-tekHonorary Council of Latvia in Singapore

Entering South-East Asiathrough Singapore

AgendaWhy South-East Asia

(SEA)?

Why Singapore?

Matching Industries and

Opportunities

Why South-East Asia (SEA)?

By 2030

China will be world’s largest economy, double the size of US economy

India’s economy will be 5 times larger, representing 10% of global GDP

How does this relate to SEA?

Why South-East Asia (SEA)?

Part of historical trades routes for 900 years - SEA will rise naturally as Chindia rises

E7: predicted to be larger than G7 economies by 2050

Includes Indonesia, Vietnam, Thailand, Philippines, Mexico, Turkey

What does the Rise of the Middle Class mean?

Example: Vietnam

1994 Per Capita Urban Income: USD 5002009 Per Capita Urban Income: USD 5,052

Explosive growth propels major lifestyle changes

Why Singapore?

Singapore offers access to 2.8 billion people within a 7 hour flight radius

Why Singapore?

History

Founded in 1819 as a free port

Competition against Dutch mercantilism

Monsoon trade routes

Singapore Today

Global Hub along with New York, London, Hong Kong

Springboard to the regionRegional HQ centre for

P&G, HP, IBM, Rolls RoyceWorld's largest

transhipment hub portConnected to more than

600 ports in 123 countries

Why Singapore?

Why Singapore?

Singapore Today

Ranked 1st in the world for: Easiest place to do

business Most competitive country Most transparent country Most “network ready”

country Least corruption (in Asia) Best business

environment Best protection of

intellectual property

Why Singapore?

Why Singapore?In 2010Total population ('000) 5,076.7Resident population ('000) 3,771.7

Resident population growth 1.8% per annum (per sq km)

Population by Race Chinese (74.2%); Malay (13.4%); Indians (9.2%); Others (3.2%)

Population by age ('000) Below 15 (654.4); 15- 64 (2,778.9); 65 and above (338.3)

Official languages English (Language of administration), Mandarin, Malay (National Language) & Tamil

Main religions Buddhism, Islam, Christianity, Taoism, Hinduism

Low Jeng-tek – ResumeEthnicity: ChineseAge: 40sMarital Status: Married; Child on the wayEducation: National University of Singapore; INSEAD (MBA)Military: Infantry Company Commander

Brigade Logistics Officer – Estb. Rank: MajorEarly Career: - Commercial Banking

- CEO of Homestead Holdings (Furniture Retailer

and Interior Designer)Current: - Investment Management: US$2bn, Gems

Advisors- Managing Director of Eight Lights Property

Investments

Low Siew Thiam – ResumeEthnicity: ChineseAge: 70sMarital Status: Married; 3 boysEducation: London School of EconomicsEarly Career: - Straits Times - Reporter

- Shell (Personnel Manager) - MNC- Singtel (Personnel Director) - GLC- Sime Darby (Marketing Director)- SEA

Conglomerate- Homestead Furniture (Founder & Chairman) -

EntrepreneurSemi-retirement: Lectured at INSEAD, Stanford University

Academic Director at Institute of Advertising Strategy Consultant to A Baurs (Suisse) in Sri Lanka Consultant in Vietnam, Thailand & China

Relevant Industries

Logistics & Supply Chain Management

World’s Number 1 Logistics Hub – 2007.Asian Logistics Hub for HP, LVMH, SiemensSpecialised Infrastructure include Airport

Logistics Park of Singapore (ALPS); No.2 busiest port in the world.

Forefront of Innovation with The Logistics Institute - Asia Pacific

Conferences: Logistics World, Supply Chain Asia

Relevant Industries

Finance

Ranked 3rd in Global Financial Centres Index 2008

Deep & Liquid Markets in:Equities – SGX / REITsBond MarketForeign Exchange – Yuan Trading

Major Commercial Banks HQ; Private Banks; Asset Management; Hedge Funds

Capital Raising

Relevant Industries

Chemicals

Global Energy & Chemical Hub – Top 10Over 100 Specialty Companies – 3M, Shell,

Exxon MobilShell – Largest Petrochemical Investment To DateExxon Mobil – Largest Chemical & Refining Site in

the World Jurong Island

Seven Islands into OneSelf-contained HubPlug-and-play Environment

Relevant Industries

Pharmaceuticals & Biotechnology

Growth in Asia Growth of PharmaceuticalsLegal Framework – Clear, Transparent, EfficientTrusted Base in Asia – Bayer, GlaxoSmithKline,

Bristol-Myers SquibbGlobal Talent PoolIdeal Racial CompositionEnglish-educated Society – language of SciencePro-business Environment with Short Lead Time

Intellectual Property Office of Singapore (IPOS) setup in April 2001

15 minutes – Online Business Registration3 weeks – Approval for Clinical Trials

Relevant Industries

Pharmaceuticals & Biotechnology

one-north200 hectare Development in

Central SingaporeSelf-sustaining Centre to Live, Work

and Learn3 Purpose-built Hubs: Biopolis,

Fusionopolis, MediapolisMore than 3500 International

Scientists and ResearchersWorld-class R&D Facilities for

Biomedical Sciences, Infocomm Technology, Media, Physical Sciences and Engineering