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ASEAN Responsible & Inclusive Business Forum (RIBF)


ASEAN Responsible & Inclusive Business Forum (RIBF)

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If the pandemic has made anything clear, it is the need for organizations to invest in smart digitization to emerge stronger in the new world paradigm, as the world rethinks new ways to go about our daily lives. 


The mantra of ‘Business Transformation’ has centered on essential productivity enhancements such as adopting innovation to be competitively “easier, faster, cheaper” is good, but not enough. As rapidly evolving digital technologies are massively disrupting industries, it is not enough for organizations to merely squeeze out greater returns, but to fundamentally transform their DNA.

The ASEAN Responsible & Inclusive Business Forum will explore how going “All-in for Digital Transformation” can be a powerful weapon to propel your organization to emerge stronger & thrive in the new norm!

Join us to explore this exciting theme with our esteemed thought leaders!

10th Dec 2020 (Thu) | 9:00AM to 5:15PM | Conducted Virtually via Zoom


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The COVID-19 crisis is inflicting the most pain on those who are already most vulnerable. This calamity could lead to a significant rise in income inequality. It could jeopardize development gains, from educational attainment to poverty reduction. Estimates suggest that millions worldwide could be pushed into extreme poverty, erasing all gains made in poverty reduction in the past three years. That is why policymakers & businesses must do everything in their power to promote a more inclusive recovery, one that benefits all segments of society.


The question is, how can this be done in an inclusive, effective & efficient way? 

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Brands for Good is an annual award that is all about rewarding businesses for doing good. It honours businesses across Asia that not only make a difference, but also commit as stewards for a positive impact and embody the principles of Social Responsibility in their business operations. 


A Congratulatory Speech will be given by Prof Su Guaning, President Emeritus of NTU, followed by a presentation of awards given to recognise all the businesses who have been selected as the Brands For Good 2020 Champions and Honourees. 

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We will take an exciting virtual tour of Huawei’s Innovation Lab showcasing a variety of cutting-edge technologies such as facial recognition, IOT, and beyond.


Patrick Low from Huawei will provide live commentary, taking the audience through the Innovation Lab.


The role of education has always been central to the success of transforming individual lives, national economies & even the world, through the generations. However, the pandemic has raised the bar for digital skills as the job market transforms.


Digital competencies are becoming necessities. Furthermore, Educational Technologies (EdTech) have become even more relevant. How will this play out on skills development, job market & our education systems in post COVID-19 world?


The emerging evidence from health systems around the world is that COVID-19 will provide the impetus for change. The new reality of healthcare will require a fundamental redesign of care systems. It will demand a more agile, inter-professional workforce that will deliver dynamic care in teams.


There may be a rise of virtual care as technology advances, with more focus on higher-value work as healthcare consumers have higher expectations. This track will also examine the healthcare affordability and accessibility issues.


In July 2020, Alibaba Cloud, Fintech Academy Singapore and Pfizer signed a Memorandum of Understanding (MoU), forming the Healthcare Fintech Alliance (HFA). The HFA aims to spur development of tech-driven innovations in Asia Pacific by supporting Healthtech start-ups in the region. These start-ups will be provided with guidance and mentorship from the three companies. This initiative will be based in Singapore, Indonesia and Vietnam before expanding to Malaysia and the Philippines. As part of the alliance, a Southeast Asia Centre for Innovation will be established in Singapore. 

The inaugural HFA Innovation Challenge garnered a lot of interests and traction. Start-ups and university students were invited to present solutions to challenge statements regarding maximizing efficiency of patient support programs and expanding access to quality healthcare. Winners of the challenge receive USD 50,000 Prize, mentorship, cloud credits, among other opportunities to further develop their solution. 

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Fintech is believed to have the potential to benefit underserved individuals & communities through features such as e-wallets, mobile money, payment technologies, crowdfunding (P2P lending, equity crowdfunding platforms), alternative credit scoring, cross-border remittances, blockchain, etc.


As a result, more financial institutions ought to harness its potential to advance financial inclusion. How can we make this happen?

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In the past, industrial revolution has not prioritized the health of our planet. The costs & benefits of these transformations were unevenly distributed across communities & countries. The current “Fourth Industrial Revolution” offers greater information & insight than ever before.


With new discoveries & new ways to use technology, how can tech be good for sustainability?


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