Breakout Session: Narrowing the Gap Moderator: Rico Hizon, News Anchor and Reporter, BBC World News

Written by  //  November 17, 2014  //  UMFCCI News  //  No comments

Panelists: Firza Imam Putra, COO, YCAB Foundation Moe Thuzar, Fellow & Lead Research, Socio-cultural Affairs, ISEAS Said Faisal, Executive Director, AHA Center Thura Ko, Founder, YGA Capital Limited Tony Nash, Global Vice President, Delta Economics Narrowing of development gaps between ASEAN 6 and the CLMV countries require that issues such as land reforms, education and infrastructure development are required. However, it is also important to note that due to the dynamic and diverse of the Member States, it is important to note that different strategies are required for each country in order to narrow the development gap, while at the same time, keeping in mind that reaching the goal of narrowing the development gap is a constantly moving goal as ASEAN 6’s economies are also in a dynamic state. It is also important to take into consideration the interests of all stakeholders, and to ensure that the efforts from the public and private sector are in alignment. Another issue to address in narrowing the developing gap is to address the concerns of the SME’s regarding the AEC are addressed, and educational development is crucial. As economies develop, people are constantly challenged to stay relevant to update and develop their skills. Therefore, initiatives need to be undertaken to facilitate their skills improvements through targeted educational programs.

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