Day Three At GES Focuses On Pressing Green Issues

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Sessions also highlight interest in Emerging Markets.

Today's Global Entrepolis @ Singapore 2007 (GES 2007) saw wide-ranging discussion on one of the world's most current issues, Climate Change. The Captains of Industry conference, in particular, saw speakers from The World Bank, Asia Carbon Group and KYOTO Energy bring to the fore key issues related to the environmental impact and business benefits of carbon trading.

"With the alarming rise of carbon emissions in recent years, it is inevitable for businesses to change the way they think," said Dr Kenny Tang, Founder and CEO at Oxbridge Climate Capital. "The tipping point has arrived - carbon has a financial value and carbon trading is now mainstream. The administrative processes and economic incentives that come along with it will play an integral role to controlling the pollution crisis faced globally." Globally, 70 percent of greenhouse gases are emitted by developed countries, 28 percent emitted by developing countries and only 2 percent by the world's poorest nations, making it a key concern for not just the business community, but a global issue affecting everyone.

The Enterprise Exchange Exhibition saw exhibitors showcasing technology that aim to reduce pollution. The Fuel Cell Community, initiated by the Singapore Economic Development Board (Singapore EDB) and Temasek Polytechnic, displayed the latest developments in fuel cell technology. Cham Yew Thean, Manager of The Fuel Cell Community, commented, "In view of current environment concerns, we believe that fuel cell technology and energy, which is a viable form of "green" and renewable clean energy, will be an increasing need and very much vital to help reduce pollution all around the world."

Connecting The World: International Business Meets

Day three of GES 2007 also involved heavy discussions on investing in the Middle East North African (MENA) region in a seminar, MENA - Building for the Future: Focus on Oman and Egypt. Organised by Singapore Business Federation (SBF), the speakers updated delegates on the latest economic developments and business opportunities abound in the Middle East and North Africa region. The seminar also provided business leaders a platform to network with relevant key personnel from the public and private sector.

SBF also organised the seminar, Head to Vietnam, where Nguyen Anh Ngoc, Vice President of Ho Chi Minh Investment and Trade Promotion Centre, illustrated comprehensive and compelling business propositions to potential investors from around the world. According to the World Bank, Vietnam's economy could grow at 8 percent in 2007 and 2008, the highest growth rate in Southeast Asia.

Other highlights included Invest in Netherlands - Gateway to Europe where the advantages of investments into the dynamic Dutch business environment were detailed to venture capitalists and potential investors. Area Director, Netherlands Foreign Investment Agency (NFIA), Linnie MacKenzie, said, "The Netherlands is a relative small country, and like Singapore, it has much to offer investors and business partners." She shared the advantages of the Dutch market, "Our strong logistics and distribution channels continue to affirm the Netherlands as a gateway to Europe, and serve as the perfect platform to link local companies with potential partners when it comes to globally expanding their businesses."

Additionally, Wall Street Journal Asia hosted the Asian Innovation Awards on the evening of November 13. Guest of Honour Mr Tharman Shanmugaratnam, Minister for Education and Second Minister for Finance, inaugurated the event and gave away the Awards. Australia's Biolytix Water emerged the winner, taking home the Gold Award, recognized for its innovation in turning sewage waste into clean water for irrigating trees, golf courses and parks. Coming in second and winner of the Silver Award is Emergence BioEnergy from Bangladesh for a microcredit effort that starts with cow dung, then moving up to fuel generators and electricity, and food preservation in the last phase. The Bronze Award went to the Centre for Rural Development, India, for helping to set up a "rickshaw bank" to provide loans so that rickshaw pullers can buy a rickshaw after only a few months of work.

About GES 2007
GES 2007 is a unique festival of events: Cutting across industries, from nurturing and promoting entrepreneurship to facilitating investments, and business opportunities and collaboration, as well as providing a myriad of business networking, exhibition and conference platforms for a truly global audience.

GES 2007 will see a gathering of a series of major events: from strategic conference and industry seminars to venture capitalist summits and business workshops; from an emerging technology exposition - The Enterprise Exchange, to winning innovations and effective business matching platforms.

Understanding the importance of connecting for success, GES is the one big networking event where it all happens!
For more information, please visit http://www.globalentrepolis.com.

About Zenith Events Management Pte Ltd
Zenith Events Management Pte Ltd's forte lies in organising and managing trade exhibitions and conferences, providing a compelling platform for businesses to converge and for buyers and sellers to connect face-to-face, facilitating business, investment and partnerships. Leveraging on its global network and expertise with affiliate offices in Beijing, Shanghai and Hong Kong, coupled with an integrated marketing communications approach in its business model, Zenith Events Management is poised to create value in helping businesses and entrepreneurs gain market share and acquire business insights. As a member of Singapore Association of Convention and Exhibition Organisers and Suppliers (SACEOS), Zenith Events Management also collaborates with industry players, government bodies and trade associations to act as a catalyst for business success.

For more information, please visit http://www.zenithevents.com.sg

About Economic Development Board
The Economic Development Board is the lead government agency responsible for planning and executing economic strategies to enhance Singapore's position as a global hub for business and investment. We are the one-stop agency that facilitates and supports local and foreign investors in both the manufacturing and services sectors as they seek more value-creating operations, higher sustainable returns and new business opportunities.

Singapore commands global leadership positions in many areas. EDB is expanding and extending existing industry clusters, as well as exploring new growth areas to create good jobs and secure Singapore's future competitiveness. Our emphasis is on capital-intensive, knowledge-intensive and innovation-intensive activities.

For more information on how EDB can help in your business and investment, please visit http://www.sedb.com.

About Singapore Business Federation
The Singapore Business Federation is the apex business chamber in Singapore. SBF aims to advance and promote business opportunities and networking within the business community both in Singapore and abroad. At the national level, SBF works closely with the government and labour organisations in a tripartite relationship to create a conducive business environment in Singapore. At the international arena, SBF represents the Singapore business community in multilateral, regional and bilateral business organisations to advance and promote their interest in trade expansion.

For more information, please visit http://www.sbf.org.sg.

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MARTINA SCHULZE-WARNECKE
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