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: Vietnam1994 Per Capita Urban Income: USD 500

2009 Per Capita Urban Income: USD 5,052Explosive growth propels major lifestyle

changes

Why Singapore?

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

Why Singapore?

HistoryFounded in 1819

as a free portCompetition

against Dutch mercantilism

Monsoon trade routes

Singapore TodayGlobal 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 countryMost transparent countryMost “network ready”

countryLeast corruption (in Asia)Best business environmentBest 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) - Entrepreneur

Semi-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 ManagementWorld’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

FinanceRanked 3rd in Global Financial Centres Index

2008Deep & Liquid Markets in:

Equities – SGX / REITsBond MarketForeign Exchange – Yuan Trading

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

Capital Raising

Relevant Industries

ChemicalsGlobal 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 & BiotechnologyGrowth 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 & Biotechnologyone-north

200 hectare Development in Central Singapore

Self-sustaining Centre to Live, Work and Learn

3 Purpose-built Hubs: Biopolis, Fusionopolis, Mediapolis

More than 3500 International Scientists and Researchers

World-class R&D Facilities for Biomedical Sciences, Infocomm Technology, Media, Physical Sciences and Engineering