Sign up | Log in



Home  >>   Daily News  >>   Malaysia  News  >>   Economy  >>   US-ASEAN Business Council 25th Anniversary Honors Malaysia
NEWS UPDATES November 2010

US-ASEAN Business Council 25th Anniversary Honors Malaysia

Related Stories

November 4, 2010
Malaysia moves up on doing business scale

October 25,2010
Malaysia urges economic transformation

October  16, 2010
 Malaysia steps up spending

October 15,2010
Malaysian 2011 budget: smaller deficit

October 14,2010
Malaysia & Thai Manufacturers call for curbs on hot money

October 13, 2010
 Malaysia Invests in R&D

September 9,2010
Malaysia slips in rankings

The US-ASEAN Business Council held a gala dinner celebrating the culmination of its 25th anniversary year of advancing the business relationship between the United States and Asean. The council presented an award honoring Malaysia for its leadership and vision in transforming its economy and creating and strengthening ties between the U.S. and Malaysia, creating innovative programs such as the New Economic Model, and creating a robust environment for economic growth. The event also honored Asean "Rising Stars", outstanding young individuals chosen by council member companies as representative of those most likely to be vital figures in the future of the U.S.-Asean business relationship.

"Asean has grown from a bystander on the world stage to a vital economic power and participant in world forums like the G20," said Muhtar Kent,US-ASEAN Business Council Chairman and Chairman and CEO of the Coca-Cola Company. "Those of us who have supported the US-ASEAN Business Council throughout its first 25 years are proud of having some small part in the story of Asean's growth and progress."

"The Council has helped Asean-US trade grow nearly seven-fold during our 25 years," said Council President Alexander Feldman. "ASEAN may not yet be a household name in the U.S., but it is far and away the top destination in Asia for U.S. Foreign Direct Investment, surpassing China by three times and India by nearly ten. U.S. investment will continue to grow as ASEAN moves closer to regional integration. We look forward to working with strong, visionary partners like Malaysia to continue to strengthen our relationship and grow trade and investment on both sides of the Pacific."

The Council began its 25th anniversary year last November with a dinner in Washington celebrating the growth of the US-Asean relationship during the Council's tenure. H.E. Lee Kuan Yew, Singapore's Minister Mentorand first Prime Minister, was presented with the First Council Lifetime Achievement Award. In April, the Council hosted major events in honor ofMalaysian Prime Minister Najib and another in honor of Vietnam Prime Minister Dung during their visits to Washington. In September, the council was honored to host the Asean leaders for breakfast before their historic second summit with President Obama this past September in New York.

As a capstone to the year, the Council looked to the future and presented an award to Malaysia in recognition of the outstanding efforts made to transform the national economy and create a vibrant business environment. The award was accepted on behalf of Prime Minister Najib by Tan Sri Dato' Nor Mohamed Yakcop, Minister to the Prime Minister.

"Just recently, Malaysia announced its intention to join the Trans-Pacific Partnership. This participation will be critical to the development of a future Free Trade Area of the Asia-Pacific. These and many other actions have helped create a strong foundation for sustainable growth in this vibrant nation," said Muhtar Kent. "And this is exactly why The Coca-Cola Company has announced investments in Malaysia totaling nearly US$300 million."

Council members showed great enthusiasm for exploring business opportunities in Malaysia this week during a business mission to Kuala Lumpur and Putrajaya. Executives of 15 member companies, led by the chair of the council's Malaysia Committee Joseph Alhadeff of Oracle, along with Vice-Chairs Mark Wheeler of ConocoPhillips and Stuart Dean of General Electric, explored further possibilities for investment in Malaysia. The delegation met with members of the Malaysian government including the Minister of Energy Dato' Sri Peter Chin, the Directo General of the Economic Planning Unit Dato' Noriyah Ahmad, Chief Secretary of the Government Tan Sri Sidek Hassan, and Bank Negara Governor Tan Sri Dr. Zeti Aziz, as well as U.S. Secretary of State Hilary Clinton.

In addition to the award given to Malaysia, Council members nominated "Rising Stars" from across Asean that were honored during the dinner. Those designated as "Rising Stars" represent the next generation of leaders in the US-Asean Business Relationship.

They included:

Asean: Jesse Price of Kraft Foods

From Cambodia: Hor Serey Vath of the Ministry of Commerce

From Indonesia: David Hutagalung of General Electric, Tigor Siahaan of Citi, Desy Unidjadja of BP, Clementino Lamury of Freeport

From Laos: Mai Sayavongs of the Embassy of the Lao PDR in Washington

From Malaysia: Agustinus Gunadharma of the Coca-Cola Company, Evarine Low of ACE Insurance, Norasmi Bin Yussof of Motorola, Suryani Md Hanipah of Microsoft, Jo Huang Yee Keng of WPP, Yeong Kit Yee of Dell, Emil Bahari of Phillip Morris

From Singapore: Libby Lee and Jeffrey Salleh of Oracle, Shiumei Lin of UPS, Linda Lim of Dow Chemical, Kumaran Vadivelu-Pechai of GlaxoSmithKline, Dirk-Peter van Leeuwen of Red Hat,

From the Philippines: Quintin Pastrana of Chevron, Hans Bayaborda of Oracle

From Thailand: Rupinder Malik of Baker & McKenzie, Fuadi Pitsuwan of TheCohen Group, Adichai Srithanyarat of Chevron

From Vietnam: Michelle Le of Procter & Gamble


Home  >>  Daily News  >>  Industry Updates  >>  Trade

August 19, 2010
Vietnam’ s plastics industry to hit a billion

August 13, 2010
Value-added exports crucial to Vietnam

August 11, 2010
Philippine electronic exports boom

Philippines eyes more incentives for car exports

August 10, 2010
Cambodian trade boosted by lower tariffs

Indo SMEs woo Chinese

August 4, 2010
Subic Bay Freeport exports peak

August 2, 2010
Philippines trade deals with the U.S. and South Koreas

July 30, 2010
China aims for better Brunei ties

July 23, 2010
Indonesia-US dispute over clove cigarettes

July 24, 2010
China-S'pore talks go well

July 21,2010
Thai food exports to India's middle class

July 17, 2010
Thailand and Myanmar draw closer

Trade issues hamper US-Vietnam trade

July 16, 2010
Lack of capital slows farm exports

Optimism growing among Singapore traders

July 14, 2010
Philippine Exports rebound to pre-crisis level

Diplomat says Myanmar offers export, investment

July 13, 2010
EU trade protections snag products

Protectionism - biggest threat to recovery

Vietnamese bicycle makers to resume EU exports

July 8, 2010
Vietnam boosts trade with Cambodia

June 29, 2010
Philippine adopts global standard

June 28, 2010
Complaint on clove cigarette ban continues

June 24, 2010
Vietnam trade deficit soars

June 21, 2010
Lightbulb production hurt by agreement

June 19, 2010
Indonesia and the EU commit to enhance trade and investment ties

Thailand bids for World Expo

Thai exports rose 42 percent above 2009

June 17,2010
Corruption root of Thai problems

June 15, 2010
China’s influence rising in Laos

June 7, 2010
Speculative trades lead to tumbling stocks in HCM Exchnage

 May 30, 2010
Vietnam: bike makers wary of EC’s anti-dumping duty

 May 22-24, 2010
Vietnam: Garment exports seen rising on price competitiveness

May 15, 2010
Malaysia, India agree to ink free trade deal in August

May 14, 2010
Vietnam to resume shipping tra fish to Russia

May 11, 2010
Supply problems forcing Malaysian seafood processors to move out

 May 5, 2010
Electronics shipments boost Malaysia exports

 April 26, 2010
Malaysia’s timber exports to rise on better economy

 April 25, 2010
Vietnam asks WTO to probe US shrimp duties

April 24, 2010
Vietnamese businesses to enter EU market

Philippines considering importing more rice

April 23, 2010
Japan promises support for Singapore’s participation in G20

April 22, 2010
Only 30% of Chinese imports to Indonesia registered under FTA

Volcano chaos in Europe hurt Malaysia’s exports

April 21, 2010
WTO to help settle US-Philippines liquor dispute

 April 19, 2010
Indonesia seen becoming world’s biggest fish producer by 2015

April 12, 2010
Vietnam plans 2m tonnes of rice export in second quarte

Malaysia: Textile industry losing out to competitors

Buyers’ anti-smoking policy hurts Indonesian tobacco exports

April 11, 2010
Philippines blocks US attempt to push WTO for liquor dispute decision

 April 7, 2010
Indonesia to benefit from relocation of overseas shoe factories

April 4, 2010
Philippine garment bill reaches US Senate

April 2, 2010
Indonesian, Chinese ministers to talk ACFTA renegotiation

April 1, 2010
Indonesia’s car output seen rising 51% this year

March 29, 2010
Indonesian car exports rebound to pre-crisis level

Philippines: Strong export growth seen as shipments to Japan climb

 Malaysia, India to sign FTA by year end

March 27, 2010
US asks for WTO intervention in liquor dispute with Philippines

March 25, 2010
EU facing court over anti-dumping duties extension

March 23, 2010
Dealers worry Thai unrest may affect car exports to Indonesia

 March 21, 2010
Brunei signs double taxation pact with Hong Kong

March 20, 2010
US lowers anti-dumping duty on Indonesia’s plastic bag imports

 March 19, 2010
Indonesia upset by US putting it back on watch list

 March 15, 2010
Japan to increase investment in Asean

 Thirty percent of Indonesian exports to China use FTA facility

 March 14, 2010
Malaysian firms to benefit from Rolls Royce plant in Singapore

March 13, 2010
Vietnamese traders warned of rise in anti-dumping suits

Asean to finalise draft on Single Window project

March 12, 2010
Malaysia considers joining regional trade pact with US

March 11, 2010
Philippine reports fastest rise of exports in 15 years

 March 9, 2010
Vietnamese leader wants FTA with US

 Malaysian timber exports to rise on strong US, EU demand

 March 6, 2010
Netherlands to help promote Indonesia’s crude palm oil

 Thailand asks Japan to lift ban on fresh poultry imports

 March 5, 2010
Vietnam posted trade deficit in Jan, Feb 2010

 March 4, 2010
Malaysian palm oil industry suffers labour shortage

 EU starts free trade talks with Singapore

 March 3, 2010
EU to start free trade talks with Vietnam

March 2, 2010
Asean chief says single market drive on track

 February 28, 2010
Asean to help push for global trade talks resumption

February 26, 2010
Vietnam-India trade expected to reach $5bn in coming years

February 25, 2010
Apec to draw blueprint on trade liberalisation evaluation

February 24, 2010
Indonesia expects flood of Chinese imports in H2, 2010

February 23, 2010
Local requirements may help reduce ACFTA impact

 Apec seeks ways to set up free trade area

 February 21, 2010
Thailand: Shipments increase 31% in January

February 20, 2010
Indonesian employers, unions team up to counter impact of Chinese imports

February 17, 2010
Indonesia to tighten standard requirements on imports

February 16, 2010
Indonesian car exports seen reaching 80,000 units in 2010

 Philippines, US to meet in Geneva on liquor tariffs dispute

 February 14, 2010
Philippines likely to keep MFN tariffs until 2015

February 13, 2010
Thailand monitors impact of Vietnamese dong devaluation

Laos gets closer to WTO accession

February 12, 2010
Indonesian businesses urged to lobby Chinese exporters

 February 11, 2010
Malaysia to focus on exporting services to Asia and Europe

February 10, 2010
Indonesia requests China to renegotiate trade deal

 February 7, 2010
Lack of direct links hampers Myanmar-Indonesia cooperation

Indonesian firm asks for protection from Chinese imports

February 3, 2010
Malaysia: Johor's oil and gas industry to get boost from pipe plant

February 1, 2010
Malaysian firms see $30m in potential deals after health show

January 31, 2010
Washington faces skeptical Americans on Asia-Pacific trade deal

January 28, 2010
Philippines: Export sector rebound seen in 2010

Thailand to push for US priority watch list removal

Indonesian trade minister sees no threat from Chinese imports

January 26, 2010
Indonesian govt urged to intensify domestic market protection

EU recognises Philippines as a legal source of tuna

January 25, 2010
WTO rules in favour of Thailand in anti-dumping case against US

January 24, 2010
Laos expects increase in two-way trade with India

Minister: Indonesia won’t delay Asean-China FTA implementation

January 23, 2010
WTO to hear liquor tax dispute between Philippines and EU, US

Turkey seeking FTA with Malaysia, other Asean members

January 22, 2010
China-Philippines trade declines 30% in 2009

Indonesia lawmakers ask government to delay FTA implementation

January 21, 2010
Philippines sees FTA deals to dent government revenues

January 19, 2010
Singapore posted 26% increase December shipments

China-Asean FTA should benefit Indonesia, says UK bank unit

January 18, 2010
Vietnam: Hanoi raises exports target by 5% to $68bn

 Survey shows Singapore’s trade efficiency second only to Germany

Philippine, Thai officials to meet on rice trade row

January 17, 2010
Indonesian minister: Chinese imports to rise in Q1

Malaysia sees big potential in fishery cooperation with Indonesia

January 16, 2010
Vietnam’s shipments to US rose 6% in Jan-Nov 2009

US joins EU in WTO case over Philippine liquor tax

January 13, 2010
Asean-China FTA: Indonesia to monitor possible rise of imports

 January 12, 2010
Malaysian PM to talk bilateral FTA with India during visit

 Electronics shipments boost Philippines exports

 January 11, 2010
Indonesia aims at $3bn in fishery export earnings

 January 10, 2010
Thailand sets up FTA hotline to help business operators

January 8, 2010
Indonesia awaits flood of Chinese imports

 Philippines to tap local market for unmilled rice

 January 7, 2010
Malaysian Halal food enters UK through Tesco

 Thailand, Philippines to settle rice tariff issue

 January 6, 2010
China sets aside $10bn in investment fund to boost trade with Asean

January 5, 2010
Asean-China FTA: Indonesia asks to delay tariff cuts on 228 items

January 4, 2010
Malaysia expects rebound in shipments in 2010

Indonesia: Rubber exporters look to sales boost as auto industry recovers

Asean 6 kick off zero-tariff scheme on 8,000 products
Login AseanAffairs Premium
Forgot Password?

Reach Southeast Asia!
10- Nations, 560- Million Consumers
And $1 -Trillion Market
We are the Voice of Southeast Asia Media Kit
The only Media Dedicated to Southeast Asia Advertising Rates for Magazine
  Online Ad Rates

Comment on this Article. Send them to

Letters that do not contain full contact information cannot be published.
Letters become the property of AseanAffairs and may be republished in any format.
They typically run 150 words or less and may be edited
submit your comment in the box below




1.  Verifier

1. Verifier

For security purposes, we ask that you enter the security code that is shown in the graphic. Please enter the code exactly as it is shown in the graphic.
Your Code
Enter Code

Home | About Us | Contact Us | Special Feature | Features | News | Magazine | Events | TV | Press Release | Advertise With us

Our Products | Work with us | Terms of Use | Site Map | Privacy Policy | Refund Policy | Shipping/Delivery Policy | DISCLAIMER |

Version 5.0
Copyright © 2007-2015 TIME INTERNATIONAL MANAGEMENT ENTERPRISES CO., LTD. All rights reserved.
Bangkok, Thailand