Summit Programme

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Day One

19th September 2014, Friday

Venue: Flower Field Hall, Gardens by the Bay, 18 Marina Gardens Drive, Singapore 018953
Dress Code: Smart Casual (Jacket without Tie)
1715 - 1815 Shuttle service from Shangri-La Hotel to Gardens by the Bay
1745 - 1930 Registration, Flower Dome Tour and Welcome Reception
1930 - 2200 Summit Welcome Address
Heng Swee Keat
Minister for Education, Republic of Singapore

Welcome Dinner

Night viewing of the Flower Dome

Shuttle service back to Shangri-La Hotel

Day Two

20th September 2014, Saturday

Venue: Island Ballroom, Shangri-La Hotel, Singapore
Dress Code: Business
0845 - 0900 Opening Remarks by Conference Chairman
George Yeo
Chairman of Kerry Logistics
Former Minister for Foreign Affairs, Republic of Singapore
0900 - 1005 Plenary Session 1: Staying Ahead, Sustaining Growth

Three broad transformations are taking place in Asia. What shape will they take and what are the implications for businesses?

  • Asia is becoming less dependent on growth fuelled by easy global monetary conditions. What are the risks facing Asia arising from the tapering of easy monetary policies in America? Will tightening financial conditions derail Asia's growth trajectory? How are businesses positioning themselves to mitigate against such risks?
  • Asia is becoming less dependent on export-led growth and boosting domestic demand to achieve more balanced growth. How far will it succeed? What are the implications for demand patterns, income distribution, product innovations, and business strategies?
  • Asia is becoming less reliant on growth supported by access to a large, low-cost labour pool, and shifting towards productivity-led growth. How sustainable is this? Will Asian countries escape the middle income trap? How can technology be better harnessed to achieve productivity-driven growth in Asia?
Panellists:
Anshu Jain, Co-CEO of the Management Board and the Group Executive Committee, Deutsche Bank AG
Minoru Makihara, KBE, Senior Corporate Advisor and Former Chairman, Mitsubishi Corporation
Sunil Bharti Mittal, Founder and Chairman, Bharti Enterprises
A. Michael Spence, William R. Berkley Professor in Economics and Business, New York University Stern School of Business
Tian Guoli, Chairman, Bank of China

Moderator:
Nik Gowing, International Broadcaster
1005 - 1025 Tea Break
1025 - 1130 Plenary Session 2: Asian Economic Integration and Its Global Implications

Asia's economic connections within and with the world are growing. The ASEAN Economic Community will take shape in 2015, creating a single market and production base. China's economic transformation will boost intra-Asia trade and investment, with the Regional Comprehensive Economic Partnership (RCEP) bringing the ASEAN-10 and its six dialogue partners in Asia closer together. The Trans-Pacific Partnership (TPP) will offer a complementary pathway to greater regional integration involving key economies in North and South America.

  • What are likely to be future developments in intra-Asia trade and investment? How will a more integrated Asia transform global supply chains?
  • Sino-ASEAN trade is targeted to reach US$1 trillion by 2020. What shape will the targeted expansion in trade take? What investments and partnerships in infrastructure and connectivity are necessary? What role could an Asian infrastructure investment bank play?
  • What will be the role of the RMB in Asia's economic integration?
Panellists:
Jiang Jianqing, Chairman of the Board of Directors and Executive Director, Industrial and Commercial Bank of China Limited
Pravin Krishna, Chung Ju Yung Distinguished Professor of International Economics and Business, Johns Hopkins University
Lin Bin, Co-Founder and President, Xiaomi Corporation
Wishnu Wardhana, President Director and Group Chief Executive Officer, Indika Energy
Robert Yap, Chairman and Chief Executive Officer, YCH Group

Moderator:
Ambassador Tommy Koh, Ambassador-at-Large, Ministry of Foreign Affairs, Republic of Singapore
1130 - 1215 Distinguished Guest Speaker Address
Dr Sri Mulyani Indrawati
Managing Director and Chief Operating Officer
World Bank
1215 - 1400 Lunch and Dialogue with Prime Minister Lee Hsien Loong

Moderator:
Ambassador Chan Heng Chee, Ambassador-at-Large, Ministry of Foreign Affairs, Republic of Singapore
1400 - 1500 Plenary Session 3: Geopolitical Risks in Asia and Implications for the Global Economy

Asia is undergoing economic transformation. At China's Third Plenum exercise, President Xi Jinping announced a set of fundamental and wide ranging reforms to drive the country forward. In Japan, Prime Minister Shinzo Abe's "Abenomics" plan is the most ambitious effort yet to revitalise the economy and restore Japan's role as a leading Asian power. President Park Geun-hye of South Korea has pushed for new growth industries based on building a "creative economy". Southeast Asia is also moving toward an integrated region to harness its full potential.

These reforms are taking root amidst an evolving geopolitical order. Amid long-standing issues such as tensions in the Korean peninsula, new flash points have emerged. The dispute over the energy-rich South China Sea region has intensified, entangling both North and Southeast Asia, while in the East China Sea, both China and Japan have taken measures to protect their interests.

While much of Asia's future will depend on economic reforms, the political dynamics will also shape the region in the decades to come. This session will address the following questions:

  • Can economic reforms succeed in addressing social challenges like corruption, aging population, labour reforms, and create a more competitive region?
  • What are the implications of rising political risks in Asia on the global economy?
  • How will uncertainty and geopolitical instability affect the business, trade and investment potential in the region?
  • What role will the US, as a Pacific and economic power, have in the region?
  • Can ASEAN play a more active role or offer solutions?
Panellists:
Dr Han Seung-soo, KBE, Former Prime Minister, Republic of Korea
Dato' Sri Nazir Razak, Group Chairman, CIMB Group
Heizo Takenaka, Director, Global Security Research Institute, Professor, Faculty of Policy Management, Keio University
Zhao Qizheng, Dean of the School of Journalism of Renmin University of China, Former Minister of the State Council Information Office, Former Chairman of the Foreign Affairs Committee of CPPCC
Robert B. Zoellick, Chairman, International Advisors, Goldman Sachs

Moderator:
Professor Kishore Mahbubani, Dean, Lee Kuan Yew School of Public Policy
1500 - 1520 Tea Break
1520 - 1620 Plenary Session 4: Global-Asia Energy Dynamics

The global energy landscape is changing with developments in shale oil and gas.

  • What is the impact of shale oil and gas revolution on energy markets? Will the US become energy independent and, if so, what are the implications?
  • Will lower energy costs lead to a manufacturing renaissance in the US? What are the implications for manufacturing in Asia?
  • Is Asia moving into a coal century? Is this sustainable? What reforms to the energy sector are required? What are the implications of China's energy policy for the global energy outlook?
  • What are the prospects for other alternative sources of energy (e.g. nuclear and solar) and fuel efficiency technologies? What are potential game changers?
Panellists:
Gary Cohn, President and Chief Operating Officer, Goldman Sachs
Peter Voser, Former Chief Executive Officer, Royal Dutch Shell plc
Xizhou Zhou, Director and Head of China Energy, IHS

Moderator:
Parag Khanna, Managing Partner, Hybrid Reality Pte Ltd
1620 - 1630 Closing Remarks by Conference Chairman
George Yeo

Day Three

21st September 2014, Sunday

  Closed-door Roundtable for the International Advisors of the Monetary Authority of Singapore, Singapore Economic Development Board, GIC and Temasek

Chairman:
Deputy Prime Minister Teo Chee Hean