Dex Connex, isinagawa sa Embahada ng Malaysia sa Pilipinas

Transcript

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00:43 The digital economy is the economy and digital economy has no borders.

00:47 It's borderless.

00:48 And ASEAN as a market is very attractive for entrepreneurs across the borders.

00:53 This year's DEX Connects has brought, like you said, 35 companies.

00:57 We've got 6 MOUs signed.

00:59 We closed quite a lot of business last year.

01:03 There's a spillover effect to this year which we're trying to close at this meeting.

01:06 We're also having this DEX Connects in Manila to create new pipelines as well.

01:11 So a lot of new tech sector focus this year has been around cyber security,

01:18 has been around FinTech, has been around port management, transport management as well, logistics.

01:24 In the discussion of e-commerce and digital economy,

01:27 the business landscape of the Philippines is a good attraction for foreign investors

01:32 where 99.59% of the businesses in the country are built by micro, small and medium enterprises

01:40 or MSMEs.

01:42 We hope to see a greater increase in our trade balance between both countries.

01:47 That is important I think because one of the key hallmarks of the discussion between both leaders

01:53 last year in June and July was to increase trade investment promotions

01:59 and that will bring about a greater stake in the economies of both nations through the private sector.

02:05 Aside from the assistance in the ASEAN digital economy, DEX Connects also aims to accelerate

02:11 the adoption of MSMEs in the Philippines, particularly in Mindanao.

02:16 One of the key areas we are looking at of course in DEX Core is the development of Mindanao,

02:22 social development of Mindanao.

02:23 And I think both MDEC and of course some of the other agencies are geared towards seeing how we can do more

02:29 because we can expand this digital economy not only in central Philippines but also in the southern Philippines

02:37 which is in Mindanao.

02:38 We shouldn't be seen as competitors but we should be seen as an ASEAN bloc.

02:43 We should work together, strengthen our position and go into the global markets together.

02:48 I see as an ASEAN bloc going to different other blocs, has one, so then you become very much stronger.

02:55 Through the business expansion in the Philippines, foreign investors,

02:59 it will bring a lot of work for the Filipinos.

03:03 When they enter, they are bringing with them their solutions, their investments.

03:09 However, when they set up a company here, they are a bit lost in terms of how they're going to do their HR,

03:16 how they will set up the company.

03:18 So we come in to help on that aspect so that they can focus on their core business.

03:25 We see a lot of opportunity in Philippines and our plan is to expand regionally as well in Southeast Asia.

03:32 So we're already in Thailand and in Singapore and Philippines is one of the countries that we are looking forward to.

03:38 The strong trade relations between Malaysia and the Philippines

03:42 is an indication of the six decades of strong relations between the two countries.