Transcript Cebu Presentation - Cebu Business Month

ASEAN:
• 89.2 million arrivals
(2012)
• Main competitors
Thailand, Indonesia,
Cambodia, Malaysia,
Philippines?
• Connectivity,
infrastructure, costly,
• 7100 islands but no
maritime tourism plans
Cebu:
• Finally a new airport
• No pier for cruise ships
• Logistics for 1h-travel
targets
• Traffic
• Medical travel,
retirement, second home
ASEAN:
• Malaysia appears as only
competitor
• Good news: IT corridor
• Bad news: no people /
need to import from the
Philippines
Philippines:
•
•
•
•
•
•
•
Challenges:
No DICT
Data Privacy Act not
implemented
Cybersecurity
Slowest and most costly
broadband
Electricity – not secure
and expensive
KPM – new skills / BIG
DATA – analytics needed
Cebu:
• Challenges:
• Huge opportunities to
further expand 2nd
position in the country
• Academe / business
cooperation expanded
into analytics
• Traffic improvements
needed to move people
ASEAN:
• Will be pushed in all
ASEAN countries and
people will move were
innovation grows fastest
• Challenge for the
Philippines:
• Keep the talents here
Cebu:
• MakerSpace
• Elance
• Incubators / Angels
• CebuValley (study how
Chile did it to create
SantiagoValley)
Automotive
•
Thailand miles ahead;
Philippines announced
plan only a few days ago
Agriculture / Food
•
•
Thailand, Vietnam and
Cambodia much more
competitive;
Philippines needs
dramatic changes / Cebu
to push food production
and make use of EU’s
GSP+
Mining
•
The Philippines, being No. 5
in minerals wealth,
developed policies to keep
the wealth underground
Manufacturing
•
•
Thailand, Vietnam and
Malaysia much more
competitive;
Philippines needs dramatic
changes / PEZA is coming up
with new domestic market
oriented zones in areas with
un- and underemployment
Shipbuilding
• The Philippines is in a
very competitive
situation in ASEAN, and
CEBU is part of it.
Transport / Connectivity
• The Philippines suffers
because of inadequate
infrastructure; seaports –
airports – RoRo – port
congestions – rail and
road
Financial Services
• The Philippines has just
opened up its banking
sector and ASEAN banks
may create more
competitiveness
Telecoms / Connectivity
• The Philippines suffers
because of inadequate
infrastructure; basically
no competition; lousy
broadband speed and
costly
Foreign Direct Investments :
• ASEAN – US$ 122 billion 2013
Philippines – US$ 6.2 b in 2014
• Why?
• Cost of doing business
• Sanctity of contracts
• High corporate taxation
Incentive regime under question
all the time
• VAT refunds not repaid
• Smuggling / corruption
Major industries in the hands of a
few families
• National government vs. LGUs
•
•
•
Innovation Delivers Revolutionary Value
In ASEAN:
Let’s work together / help each other: