The Department of Trade and Industry (DTI) chairs this year’s ASEAN Committee on Business and Investment Promotion (CBIP). The CBIP is an inter-agency committee, created to assist the ASEAN-National Organizing Council (NOC) in the Philippines’ hosting of ASEAN 2017 as prescribed in Administrative Order No.48 s. 2016.
The CBIP is responsible for engaging the international business community, investors, government and other parties; and in organizing, as well as supervising potential business and investment-related activities.
The CBIP developed the ASEAN 2017 Business and Investment Program, with events and activities complementing and reinforcing the Philippines’ ASEAN 2017 hosting, focusing on Regulatory Coherence, MSMEs, Women and Youth Entrepreneurship, and Innovation.
Key Messages
Promotion and globalization of MSMEs
The competitive environment of ASEAN Economic Community (AEC) requires the MSMEs to strategically enhance their productivity and address the current issues and challenges that ASEAN MSMEs would face in the next decade.
AEC is expected to bring benefits to MSMEs and open up opportunities for their participation in global value-chains.
Innovation-led growth
In today’s digital revolution, technology and innovation are considered as engines of growth with the stimulation of new industries.
The Philippine-hosting of the ASEAN 2017 is a strategic opportunity to showcase the rise of innovation and startup ecosystem in the country and the ASEAN region. This can be a platform to create ASEAN value chain, knowledge exchange and cross border investments. The success of this summit can advance policies that can support and accelerate the innovation agenda.
Women Entrepreneurship
ASEAN has maintained its efforts and support in the promotion of the status of women and has participated actively in the regional and international arena pertaining to the advancement of women. Gender equality and women’s empowerment are integral principles in the ASEAN community building process.
The Philippines ranks as the 7th most gender-equal nation in the world and 21st in economic participation and opportunity according to the 2016 Global Gender Gap Report published by the World Economic Forum.
A partnership with the ASEAN Women Entrepreneurs’ Network (AWEN), DTI provides an avenue for strategic dialogues between ASEAN, the private sector, and dialogue partners in advancing the women’s economic empowerment agenda.
Strengthened Campaign for Youth Entrepreneurship
The Philippines aims to strengthen the network among young entrepreneurs from ASEAN and other countries – capturing the fast-paced developments on key sectors such as food, agriculture, Information Technology, Fin Tech, Logistics, BPO, start-ups, and Internet of Things (IOT) – through the ASEAN Young Entrepreneurs Association. It is set to formally launch during the ASEAN Youth Carnival on September.
View the ASEAN 2017 BUSINESS EVENTS