6 June[TUE]
17:00 - 18:30
How Japanese companies can contribute to ASEAN with their "Soft Power"
SPEAKERS
Cabinet Secretariat, Global Business Investment Support Office
Councilor, Head of GBIS
OYA Toshio
University of Tokyo
Professor at Faculty of Economics
SAWADA Yasuyuki
Nippon Express Holdings, Inc
Executive Officer
OTSUJI Satoshi
JFOODO
Director-General
TAKAHASHI Yoshitoku
Asian Development Bank Institute
Deputy Head of Capacity Building and Training (CBT) and Senior CBT Economist
Pitchaya Sirivunnabood
SUMMARY
In this session, the focus was on how Japanese companies leverage their strengths in the software field to maximize their role in business expansion into ASEAN countries. In the ASEAN region, with the increase in the middle-income population, there is a shift from the previous role as the world’s factory to a broader global market. However, at the same time, the widening economic disparity is also a concern. The causes of this economic disparity were identified as disparities in education and skills, disparities in the utilization of digital technology, and disparities in access to information, highlighting the urgent need for appropriate solutions to these issues.
As specific means to address these challenges, it was argued that enhancing talent development, establishing physical infrastructure (such as logistics and online payments), and establishing efficient and fair business rules are necessary to promote inclusive digitalization. While there were concerns about the potential widening of disparities through the adoption of digital technology, the importance of promoting inclusive digitalization through proper organizational support was emphasized. Discussions among the participants covered a wide range of perspectives on specific approaches and strategies for Japanese companies to contribute to the sustainable development of the ASEAN region by leveraging their technological expertise and experience.