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ASEAN Business Advisory Council was formed following decision of the ASEAN Leaders at the 7th ASEAN Summit and launched in April 2003, with the mandate to provide private sector feedback and guidance to boost ASEAN's efforts towards economic integration.

Newsletter Highlights

ASEAN-BAC Malaysia Chairman Tan Sri Munir As One Of The Economic Action Council (EAC) Members
Recently, the Prime Minister’s Office (PMO) announced the establishing of the Economic Action Council (EAC), which will respond to and take action to address economic issues faced by the public, based on their feedback.

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CARI Briefings : “Leveraging ASEAN solutions for trade through ASSIST”
The European Union (EU) trade expert calls for private sector to fully utilise the ASEAN Solutions for Investments, Services and Trade (ASSIST) as the best platform to address intra-ASEAN trade problems that limit SMEs’ ability to take advantage of the ASEAN Economic Community (AEC).

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ASEAN-BAC Meeting in Bangkok
ASEAN-BAC held its quarterly meeting in Bangkok as Thailand act as the chair country for this year, gathering its members from all ASEAN Member States. Under Thailand’s Chairmanship in 2019, the theme is Empowering ASEAN 4.0 with focus centring around 3 key pillars:
  • Human Capital Development
  • MSMEs Assistance
  • Mentorship (AMEN)

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ASEAN Finance Ministers and Central Bank Governors’ Luncheon in Chiang Rai
Tan Sri Dr Munir Majid presented to the ASEAN Finance Ministers and Central Bank Governors (FMCBG) his Policy Recommendations on the ASEAN’s Financial Markets. He has been pushing for the luncheon dialogue ever since that he was the Chairman of ASEAN-BAC in 2015.

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25th ASEAN Economic Ministers’ Retreat in Phuket
ASEAN-BAC Malaysia Chairman Tan Sri Munir joined ASEAN-BAC Chair Arin Jira and the Council members from Thailand, along with Executive Director Gil Gonzales, in a dialogue with ASEAN nd Economic Ministers at their retreat, on 22 April 2019.
At the dialogue Khun Arin related the ASEAN-BAC agenda for 2019 emphasizing Industry 4.0 and particularly emphasized the legacy project AHEAD (ASEAN Human Empowerment and Development).

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Upcoming Event
This year, ABA 2019 will be highlighting more on the success of MSMEs sector within ASEAN along with other outstanding enterprises in their respective categories. ABA 2019 will be promoting new categories for the Most Promising Digitalised MSMEs & Most Sustainable Companies.

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A Fond Farewell to Dato’ Ramesh Kodammal

ABAC Malaysia would like to thank Dato’ Ramesh Kodammal for his more than 10 years of services as Council Member. His contribution in advancing trade opportunities, partnership and connectivity between ASEAN and India was significant and had caused positive impact towards the relations, overall. We wish him the very success in his continued capacity as the Co-Chairman of ASEAN Indian Business Council (AIBC).

ASEAN-BAC Malaysia Welcomes New Council Member Mr. Raja Singham

Effective February 2019, Raja Singham was appointed as the ABAC Malaysia Council Member by the Minister of Ministry International Trade and Industries (MITI), replacing Dato’ Ramesh Kodammal. Along the line, Raja was also appointed as the Lead Mentor of the ASEAN Mentorship for Entrepreneurs Network (AMEN) in Malaysia.

For more information, please visit

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ASEAN Business Advisory Council (ASEAN-BAC) Malaysia

Unit 9-1, 9th Floor, West Wing
Jalan Sultan Haji Ahmad Shah
50480 Kuala Lumpur

Phone : +603 6211 2511
Mobile : +6012 361 7011 / +6012 200 1143
Fax : +603 6211 4533
Email : secretariat@aseanbex.com
Website: www.aseanbac.com.my

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