|0745 – 0830
||Registration and Morning Reception
|0830 – 0845
||Opening Remarks by Conference Chairman
Ho Kwon Ping
Executive Chairman, Banyan Tree Holdings
|0845 – 0930
S Rajaratnam Endowment Dialogue
Dr Sri Mulyani Indrawati
Minister of Finance
Republic of Indonesia
Moderated by Ho Kwon Ping
|0930 – 0950
|0950 – 1100
Plenary Session 1: Navigating the New World Order: Critical Uncertainties and Possible Scenarios
A new and unpredictable form of “US independence” has unsettled regional and global stability. This stands in contrast to China’s defence of globalisation, free trade and the international order. But China is also at a key juncture of its leadership transition that could bring about changes in its diplomatic dealings, economic and social policies. In Europe, the consequences of Brexit remain unclear, and Eurosceptics are riding on the rise of populism across the continent. Businesses will have to find ways to maintain growth in this period of constant disruption.
- What are the implications of the proposed US economic policies for business strategies, and investment?
- What is next for China's economic reform agenda?
- Can the European Union continue with business as usual?
- What is the role of business leaders in addressing the rising tide of nationalism and populism?
Prof Chan Heng Chee, Ambassador-at-Large, Ministry of Foreign Affairs, Republic of Singapore
Dr Jacob A Frenkel, Chairman, JPMorgan Chase International
Dr Evan S Medeiros, Managing Director, Asia, Eurasia Group
Paul Polman, Chief Executive Officer, Unilever
Prof Yan Xuetong, Dean, Institute of Modern International Studies, Tsinghua University
Nik Gowing, International Broadcaster
|1100 – 1200
Plenary Session 2: Staying Interconnected and Interdependent
Policymakers around the world are considering the implications of the US withdrawal from the Trans-Pacific Partnership (TPP). The Regional Comprehensive Economic Partnership (RCEP) has taken on more importance as the building block for an eventual Free Trade Agreement for Asia Pacific. China’s “One Belt, One Road” initiative is also designed to pull neighbouring countries closer to its economic orbit. Businesses would have to adapt their supply chains if these moves should come to pass.
- If the US reduces its role as the champion of free trade, can Asia rewrite the rules of engagement and shape the regional and global economic architecture?
- Can a TPP without the US work for businesses? What is needed for RCEP to succeed as the catalyst for deepening economic integration in this region?
- How can businesses support multilateral institutions to preserve the free flow of capital, goods and services?
- What lessons can policymakers and businesses learn from the history of the 1930s to avert a trade war in the 21st century?
Charlene Barshefsky, Senior International Partner, WilmerHale, and Former United States Trade Representative
Hon Peter Costello AC, Chairman of the Board, Future Fund, Australia
Ken Kobayashi, Chairman of the Board, Mitsubishi Corporation
Kamal Nath, Member of Parliament (Lok Sabha) and Former Minister for Commerce and Industry, Government of India
Clay Chandler, Executive Editor, Time Inc International
|1200 – 1300
|1300 – 1415
Plenary Session 3: Fostering Inclusive Growth: Redefining Policies and Harnessing Technological Advancements to Address Societal Challenges
Books such as Thomas Piketty’s best-selling “Capital in the Twenty-First Century” have thrust the issue of wealth and income inequality into the popular spotlight in recent years. Economic growth has not brought shared benefits to all. We see middle-class stagnation across advanced economies, and most developing countries fail to catch up with the developed world. Rising inequality has been one of the major drivers behind the anti-globalisation sentiment around the world, and inequality has been observed to be especially pronounced in large cities. At the same time, developing countries continue to experience internal disparities in the provision of education, health, and other public services. Technological change has contributed to the growth in differences in income and wealth by rewarding those who have the right skill sets and creating “winner-takes-all” effects. However, technology, especially recent advances in artificial intelligence (AI), coupled with innovative thinking and creative approaches from policymakers and businesses, can also be used as a tool to improve the well-being of society and level the playing field.
- What are the underlying drivers of inequality in advanced economies and emerging markets and developing countries, and how do they affect the policies that need to be undertaken? How effective are redistribution efforts, social safety nets and tools such as universal basic income in addressing inequality?
- How can technology and innovation support the provision of public services such as healthcare and education, and create opportunities for the wider population? What policies would be needed to support this? What role can businesses play?
- In what ways can technological advancements such as AI enhance the quality of life for all parts of the income spectrum? What should relevant stakeholders do to address the negative consequences of AI as it becomes more integrated in our daily lives?
- How can urbanisation address poverty and inequality, and ensure sustainable growth? What role can businesses play in the equitable and sustainable development of cities?
Dr Isher Judge Ahluwalia, Chairperson, Indian Council for Research on International Economic Relations
Antoine Blondeau, Co-Founder and Co-Chairman, Sentient Technologies
Richard Fisher, Senior Adviser, Barclays
Liam Maxwell, National Technology Adviser, HM Government, United Kingdom
Joseph Tsai, Executive Vice Chairman, Alibaba Group
Vijay Vaitheeswaran, US Business Editor, The Economist
|1415 – 1500
Singapore Summit Young Societal Leaders Plenary
The Future We Lead
The young leaders are at the forefront in addressing challenging social issues in their own societies. Through their efforts, they will shape their societies. What are their motivations for doing so? What do young leaders hope for in their societies and beyond? How do they want to shape their societies? What long-term goals do they have and how do they see their role evolving in society? This session will give a glimpse into what young leaders today think about the new world order and the leadership roles they believe they will play.
Farahnaz Ali Ghodsinia, Founder, Children of Mindanao
Lotfullah Najafizada, Director, TOLOnews
Aditi Prasad, Co-Founder and Chief Operating Officer, Robotix
Desmond Choo, Director, Youth Development Unit; Director, Industry Transformation and Productivity, National Trades Union Congress; Mayor of North East District; and Member of Parliament
|1500 – 1530
Distinguished Guest Speaker
Dasho Tshering Tobgay
Royal Government of Bhutan
|1530 – 1535
||Closing Remarks by Conference Chairman
Ho Kwon Ping
(tea break will be available)