1. No category

APEC Business Advisory Council
APEC: What does this Mean for Business
2015 Work Plan
Doris Magsaysay Ho
ABAC Chair
20 March 2015
1
Key ABAC Contributions
Over 100,000
Travellers use the APEC Business
Travel Card per year
5.4%
Average tariffs in the region vs.
16.9% in 1989
10-20 days
Median time to start a business in
APEC region. Improved by 56.5%
3
Key ABAC Contributions
Single Window System
Target: 2020
ICT Platforms for SMEs
APEC Next Generation Interactive Tariff
Database and the Services Trade Access
Requirements (STAR) Database
Women & the Economy
ICT and e-commerce training for women
Regional women’s entrepreneurial network
4
Public-Private Dialogues
Automotive Dialogue
Chemical Dialogue
Life Sciences Innovation Forum
Policy Partnership on Food Security
Public-Private Partnership on EGS
Asia-Pacific Infrastructure Partnership Dialogue
Policy Partnership on Women & the Economy
Asia-Pacific Financial Forum
APEC Alliance for Supply Chain Connectivity
Policy Partnership on Science, Technology, and Innovation
Senior Disaster Management Officials Forum
5
2015 ABAC Theme
“Resilient, Inclusive Growth:
A Fair Deal for All”
ABAC Contributions to APEC in 2015
• Deliver a research project as ABAC’s
contribution to the strategic study on the
Free Trade Agreement in the Asia-Pacific
(FTAAP)
Pillar 1:
Advancing
REI and the
Services
Agenda
• Advance the new services
(Convene PPDs on services)
agenda
• Implement Asia-Pacific Financial Forum
(APFF) action plans related to financial
market development
ABAC Contributions to APEC in 2015
• Present recommendations to advance the
digital economy agenda
Pillar 1:
Advancing
REI and the
Services
Agenda
• Develop a checklist on improving
economies’ performance on the Rule of
Law Index
• Develop sector-specific pilot projects on the
deployment of global data standards
• Present a proposal on how to improve the
usefulness of the APEC Business Travel
Card (ABTC)
ABAC Contributions to APEC in 2015
SMMEs as Part
of the Global
Value Chain of
Larger Business
Pillar 2:
Strengthening
and
Facilitating
SMME Entry
into Global
Markets
SMMEs Access to
Global Trade
through ECommerce and
The Internet
Economy
• Document good
practices of big
businesses
enabling SMEs to
access GVCs • Deliver a research
project on SMME
internationalization
through E-Commerce
• Launch the CrossBorder E-Commerce
Training (CBET) Online
Program
Entrepreneurs
Creating
Innovation with
Venture Capital
• Implement
APFF action
plans to
expand SMME
access to
finance
ABAC Contributions to APEC in 2015
• Cooperate with APEC For a toward
progressing discussions on a new approach
to effectively manage cross- border labor
flows (Earn, Learn, Return)
• Deliver a study that will define the century
skills required by the 21st century global
worker with PwC
• Provide online and field internship program
for the APEC youth
Pillar 3:
Maximizing
Innovation
and Human
Capital
Potential
ABAC Contributions to APEC in 2015
• Introduce metrics on sustainable cities for
application in APEC economies
• Promote the ABAC-LSIF study that
measures impact of NCDs on workforce
productivity
• Harness the participation of women in the
economy
Pillar 4:
Promoting
Liveable,
Sustainable
Cities and
Resilient
Communities
ABAC Contributions to APEC in 2015
• Conduct a private sector food security
policy dialogue
• Develop recommendations to channel to
the Policy Partnership on Food Security
(PPFS)
• Recommendations on legal structure and
regulations that promote predictability in
business environment and to strengthen
enforcement of environmental regulations
Pillar 4:
Promoting
Liveable,
Sustainable
Cities and
Resilient
Communities
Learning from Other Economies
New Zealand
Latin America
Hong Kong
Singapore
13
Free Trade Area of the Asia Pacific
Philippines: Targeting the Opportunities
• Robust performance of
consumption and services
• Improvement in exports of goods
and services
• Strong macroeconomic
fundamentals
• Sustained inflow of remittances
“JUST DO IT” Reforms
Philippines: Let’s go!
We need a long term strategic plan that transcends
administrations
Government
Business
16
Institutions
Philippines: Let’s go!
We need a long term strategic vision for trade in
services and a strong national services coalition
Philippine Services Coalition
To develop a strategy for
promoting Philippine
services in a global market.
17
PHILIPPINES’
LONG TERM
STRATEGIC
VISION
Philippines: Let’s go!
We need a well-structured government corporation
to roll out the SME agenda
 Public-Private Partnership
 Innovation and
Productivity-led
 Outcome-based
 ‘Live’ Plan
18
Philippines: Let’s go!
We need a well-structured government with an Innovation
agenda and supports an Innovation Center to develop the
new entrepreneur of the future
19
Philippines: Let’s go!
Fix as many impediments as we can this year!
 The APEC Cebu Action Plan for SME Financing
 Adopting the National Single Window
 SMME Green Lane
 APEC SME Action Plan
 Launching a cross border e-commerce training
platform
 Reviewing our land lease laws
20
Philippines: Let’s go!
Business leads the inclusive growth agenda
Bigger Business
21
Spreading
the wealth
for
sustainable
growth
Smaller Business
Entrepreneurs
Women
Farmers
Cooperatives
THANK YOU