New Caledonia India Trade & Investment Promotion Group
Victorious secret finalsubmission
1. CHIA Kai Chung | Dawn LEE | GAN Wei Yi
Frost & Sullivan Case Challenge:
A Panacea for the World
2. CURRENT STATE ANALYSIS
Panacea 2030:
A high-income, innovation driven economy
Current Capabilities Capabilities to be developed
• Strong manufacturing led • Development of skilled local
export growth labor
• Developed storage, transport • Encouragement of
and logistics facilities entrepreneurship
• Strong infrastructure • Rise in innovation and R&D
• Central geographical location • Improved inter-workings of
• Large population and market ministries
potential
Introduction Integrate Expand Implementation Conclusion
3. CURRENT STATE ANALYSIS
Panacea 2030:
A high-income, innovation driven economy
Framework for evaluating
Our Considerations our initiatives
Key Objectives of NPF
1) Increase contribution of services to GDP;
2) Increase exports of services; Value
3) Focus on high value adding mfg and services sectors;
4) Increase TFP
• GDP Exports
• Employment
Our KPIs • Productivity
• Education Business Creation
• Poverty
Reduction • Entrepreneurship
• Foreign Investment
• SME development
Innovation
• R&D Spending
• Exports of high tech products
Introduction Integrate Expand Implementation Conclusion
4. STRATEGY OVERVIEW
The main driving principles of our strategy for Panacea is to INTEGRATE and
EXPAND, to achieve a holistic and sustainable growth for the country.
INTEGRATE Panacea as home for
to move Panacea up
the value chain.
to put Panacea on the
global economic map.
Building Industry Horizontals EXPAND
“A well balanced, inclusive approach, according to certain standards and ideals, is essential
for the proper governance of any country.”
- Laisenia Qarase
Introduction Integrate Expand Implementation Conclusion
5. STRATEGY OVERVIEW
The main driving principles of our strategy for Panacea is to INTEGRATE and
EXPAND, to achieve a holistic and sustainable growth for the country.
INTEGRATE Panacea as home for
to move Panacea up
the value chain.
to put Panacea on the
global economic map.
Building Industry Horizontals EXPAND
“Good governance and modernity cannot be imported or imposed from outside a country.”
- Emile Lahoud
Introduction Integrate Expand Implementation Conclusion
6. STRATEGY OVERVIEW
The main driving principles of our strategy for Panacea is to INTEGRATE and
EXPAND, to achieve a holistic and sustainable growth for the country.
INTEGRATE Panacea
Talent as home for
to move Panacea up
the value chain.
to put Panacea on the
global economic map.
Building Industry Horizontals EXPAND
“Good governance and modernity cannot be imported or imposed from outside a country.”
- Emile Lahoud
Introduction Integrate Expand Implementation Conclusion
7. STRATEGY OVERVIEW
The main driving principles of our strategy for Panacea is to INTEGRATE and
EXPAND, to achieve a holistic and sustainable growth for the country.
INTEGRATE Panacea as home
Talent Innovation for
to move Panacea up
the value chain.
to put Panacea on the
global economic map.
Building Industry Horizontals EXPAND
“Good governance and modernity cannot be imported or imposed from outside a country.”
- Emile Lahoud
Introduction Integrate Expand Implementation Conclusion
8. STRATEGY OVERVIEW
The main driving principles of our strategy for Panacea is to INTEGRATE and
EXPAND, to achieve a holistic and sustainable growth for the country.
INTEGRATE Panacea as home
Talent Innovation for
Business
to move Panacea up
the value chain.
to put Panacea on the
global economic map.
Building Industry Horizontals EXPAND
“Good governance and modernity cannot be imported or imposed from outside a country.”
- Emile Lahoud
Introduction Integrate Expand Implementation Conclusion
9. INTEGRATE A PANACEA FOR TALENT
Panacea for Talent Panacea for Innovation Panacea for Business
A Deep Talent Strategy ensuring skills demand by all Export Innovation
industries are met. Value Biz Creation
Develop Local Talent Attract Overseas Talent
Close workings between industry Attract skilled foreign labor
players, Economic Board and MOE Via low personal income tax and attractive
To allow seamless integration of graduates education options for their children
into workforce
Attract overseas Panaceans to work or
Introduce on-the-job training and set up businesses
internships Via tax and special housing related benefits
Attract foreign students to work and
travel or do an exchange in Panacea
Transfers overseas know-how to locals and
serve as a plug to foreign concerns of no
local talent
Introduction Integrate Expand Implementation Conclusion
10. INTEGRATE A PANACEA FOR INNOVATION
Panacea for Talent Panacea for Innovation Panacea for Business
Developing key processes and nurturing a culture for Export Innovation
innovation to thrive. Value Biz Creation
Developing Key Processes Nurturing a Culture
Strong IP Protection Business Learning Grants
To be used by local companies for overseas
Strong rule of law missions to learn about R&D processes in
companies, attend R&D related conferences
Widen channels of access to credit Innovation Credit Schemes
Make credit market more competitive by
Provide grants for initiatives targeted at
introducing more suppliers, and also include
addressing current gaps in commercial
angels and venture capital
market or in public policy issues
Building a Sharing Culture
Build a culture of mentorship, sharing and
exchange of ideas by hosting and then
incentivising participation
Introduction Integrate Expand Implementation Conclusion
11. INTEGRATE A PANACEA FOR BUSINESS
Panacea for Talent Panacea for Innovation Panacea for Business
Encourage business formation with improved accessibility Export Innovation
and industry spillovers. Value Biz Creation
Improving accessibility Fostering industry spillovers
Improving Ease of Doing Business Creating Industry Clusters
Streamline govt agencies by creating a Concentration of businesses in a particular
One-Stop Economic Board for businesses field to achieve economies of knowledge
Enhancing Infrastructure Building Cross-Industry Synergies
Further enhance infrastructure on An ecosystem where capabilities between
- Logistics industries further each other’s growth
- International Connectivity
- Communications and IT (Network Productivity Attraction Credits
coverage and speed) Provide qualifying credits to business aiming
to invest to bring their businesses to new
scale as a form of attracting them to relocate
operations to Panacea
Introduction Integrate Expand Implementation Conclusion
12. STRATEGY OVERVIEW
The main driving principles of our strategy for Panacea is to INTEGRATE and
EXPAND, to achieve a holistic and sustainable growth for the country.
INTEGRATE Panacea as home
Talent Innovation for
Business
to move Panacea up
the value chain.
to put Panacea on the
global economic map.
Building Industry Horizontals EXPAND
“Such power of globalization that within our lifetime we are likely to see the integration of
all of the national economies in the world into a single global, free market system.”
- Jim Garrison
Introduction Integrate Expand Implementation Conclusion
13. STRATEGY OVERVIEW
The main driving principles of our strategy for Panacea is to INTEGRATE and
EXPAND, to achieve a holistic and sustainable growth for the country.
INTEGRATE Panacea as home
Talent Innovation for
Business
to move Panacea up
the value chain.
to put Panacea on the
global economic map.
Building
Solutions Hub Industry Horizontals EXPAND
“Such power of globalization that within our lifetime we are likely to see the integration of
all of the national economies in the world into a single global, free market system.”
- Jim Garrison
Introduction Integrate Expand Implementation Conclusion
14. STRATEGY OVERVIEW
The main driving principles of our strategy for Panacea is to INTEGRATE and
EXPAND, to achieve a holistic and sustainable growth for the country.
INTEGRATE Panacea as home
Talent Innovation for
Business
to move Panacea up
the value chain.
to put Panacea on the
global economic map.
Logistics &
Building
Solutions Hub Industry Horizontals
Supply Chain EXPAND
“Such power of globalization that within our lifetime we are likely to see the integration of
all of the national economies in the world into a single global, free market system.”
- Jim Garrison
Introduction Integrate Expand Implementation Conclusion
15. STRATEGY OVERVIEW
The main driving principles of our strategy for Panacea is to INTEGRATE and
EXPAND, to achieve a holistic and sustainable growth for the country.
INTEGRATE Panacea as home
Talent Innovation for
Business
to move Panacea up
the value chain.
to put Panacea on the
global economic map.
Logistics & Financial
Building
Solutions Hub Industry Horizontals
Supply Chain Services EXPAND
“Such power of globalization that within our lifetime we are likely to see the integration of
all of the national economies in the world into a single global, free market system.”
- Jim Garrison
Introduction Integrate Expand Implementation Conclusion
16. EXPAND SOLUTIONS HUB
Solutions Hub Logistics & Supply Chain Financial Services
Panacea aims to form a regional alliance with the neighbouring countries in order to
accelerate economic growth and research efforts.
JAPAN CHINA
Provide the knowledge
Large pool of Ph.D.
and expertise for
researchers and cheap
innovation
labour available.
advancement
PANACEA PHILIPPINES
Home for innovation Venue for outsourcing
and high-value lower value-added
activities. High growth. services at low prices.
Economic & Research Alliance
“Regional exchange can be a source of growth and development, and of enhancing good
governance.” - Anna Lindh
Introduction Integrate Expand Implementation Conclusion
17. EXPAND SOLUTIONS HUB
Solutions Hub Logistics & Supply Chain Financial Services
Panacean
Solutions Hub
• Collaborative space for
regional thought-leaders
and researchers
• Center of excellence for
innovation.
Introduction Integrate Expand Implementation Conclusion
18. EXPAND SOLUTIONS HUB
Solutions Hub Logistics & Supply Chain Financial Services
Research Facilities
Panacean
Solutions Hub
• Collaborative space for
regional thought-leaders
and researchers
• Center of excellence for
innovation.
MNCs Talents
Introduction Integrate Expand Implementation Conclusion
19. EXPAND SOLUTIONS HUB
Solutions Hub Logistics & Supply Chain Financial Services
Empirical Research Research Facilities
Grow Super
Studies (ERS) Data
Crowd sourcing of Capabilities
effective public policy
(ground level
Panacean Move Panacea up
research).
the research value
Solutions Hub chain thru data
Corporate Social • Collaborative space for analytics
Impact regional thought-leaders capabilities
and researchers fundamental to a
Investments • Center of excellence for creating a research
Attract corporates to innovation. ecosystem and
assist in Panacea’s Solutions Lab
developmental issues
MNCs Talents
Result: Panacean Solutions Lab realizes the long term goal of Export Innovation
sustained innovation in a high-tech knowledge economy Value Biz Creation
Introduction Integrate Expand Implementation Conclusion
20. EXPAND LOGISTICS & SUPPLY CHAIN
Solutions Hub Logistics & Supply Chain Financial Services
Logistics
Being the preferred port of call and hence
perform vital trans-shipment activities.
United States
China X
Geographical Position
• Central location along major
shipping routes (e.g. China-US)
Strict laws and regulations
• Authority for quality checks and China-US Trade
assurance of ISO quality standards.
Food Products
Value-Added Services
• Performing checks, packaging,
Technology/Machines
branding, certification.
Result: Panacea strives to become the Centre of Competence Export Innovation
for Logistics and Global Supply Chain linkages. Value Biz Creation
Introduction Integrate Expand Implementation Conclusion
21. EXPAND LOGISTICS & SUPPLY CHAIN
Solutions Hub Logistics & Supply Chain Financial Services
China United States
Manufacturing
Reduction in Lead Time
• Close proximity to the 4 largest
India Brazil
economies (of 2030).
International Connectivity Supply Chain
• 3 International Sea Ports and 2
R&D for Data Analytics
International Airports
Boosts Panacea as a destination for
Manufacturing streamlining supply chain.
1
High-end Manufacturing Attract MNCs to coordinate global
2
supply chain in Panacea by building
3 Product Design Supply Chain Control Towers
Result: Panacea strives to become the Centre of Competence Export Innovation
for Logistics and Global Supply Chain linkages. Value Biz Creation
Introduction Integrate Expand Implementation Conclusion
22. EXPAND FINANCIAL SERVICES
Solutions Hub Logistics & Supply Chain Financial Services
Financial Services EUROPE ASIA PANACEA US
To provide a complementary industry
for MNCs and supply chain growth,
offering them sophisticated products to
meet their financial needs.
Seamless round-the-clock Integration
1 Microfinancing 2 Documentary Credit 3 Strategic Activities
• Providing microcredit, • Essential financial • Financial Control Towers
similar to Grameen product for Supply to anchor decision
Bank operation. Chain activities. making functions.
• Target at entrepreneurs • Enhancing efficiency and • Develop Financial
and SMEs, to stimulate security of international Supply Chain Models
business creation. transactions. (e.g. Tax-Efficient SCM).
Result: Panacea strives to become the Centre of Competence Export Innovation
for strong Financial Linkages. Value Biz Creation
Introduction Integrate Expand Implementation Conclusion
23. ACTION PLAN
Panacea will concurrently engage the INTEGRATE and EXPAND strategies,
to move up the value chain and put herself on the global economic map.
Short Term Medium Term Long Term
INTEGRATE
Start reversing brain drain and
Panacea for attracting migrants back
Attract foreign labour into
Talent, Panacea
Complete planning and execute Deep Talent Strategy
Set up top public research
Innovation & Implement Industrial policies and legislate strong IP Protection
institutes
Set up one-stop Economic Board Complete majority of the Create and sustain industry
Productivity and streamline govt agencies planned infrastructure clusters that excel worldwide
EXPAND
Market actual findings
Catalyze research studies
Attract Researchers via direct Become a sustainable
Solutions Hub pull of results and ecosystem of solutions
Grow Super Data Capabilities infrastructure, and via looser
immigration policy
Supply Chain & Developing
Talent and
Implementing key trans-shipment and financial
Anchoring Global Strategic
Functions for MNC and
activities to drive growth within these two
Finance Infra-
industries
Financial Institutions’ Supply
structure Chain and Finance Activities.
Introduction Integrate Expand Implementation Conclusion
24. STAKEHOLDERS MAP
Skilled Returnees Education Institutions
Provide a channel for Developing educational curriculum
knowledge transmission that is consistent to what the
and a source of industries seek.
entrepreneurship
Foreign Corporations
Industry Cluster
- Reduce cost by localization of
skill and technology
- Increase productivity and
formation of new firms by
Attract and manage the MNCs competition and cooperation.
by providing productivity grants
and incentives
Research Institutes Workforce
Coordinating research studies to Competent workforce that is highly-skilled to take
benefit Panacea’s economy on the demanding job scope of the future jobs.
Introduction Integrate Expand Implementation Conclusion
25. INSTITUTIONAL FRAMEWORK
Removing the bottleneck in application services for businesses and achieving synergy
between the various government agencies, to bring about a seamless end-to-end service.
One-Stop Economic Board for all Government Transactions
Ministry of Ministry of Ministry of Labour
Trade & Science & Education Ministry
Investment Technology
Introduction Integrate Expand Implementation Conclusion
26. INSTITUTIONAL FRAMEWORK
Removing the bottleneck in application services for businesses and achieving synergy
between the various government agencies, to bring about a seamless end-to-end service.
Prime Minister
One-Stop Economic Board for all Government Transactions
Ministry of Ministry of Ministry of Labour Cabinet
Trade & Science & Education Ministry Secretary
Investment Technology
(Victorious
Secret)
Introduction Integrate Expand Implementation Conclusion
27. INSTITUTIONAL FRAMEWORK
Removing the bottleneck in application services for businesses and achieving synergy
between the various government agencies, to bring about a seamless end-to-end service.
Prime Minister
One-Stop Economic Board for all Government Transactions
Ministry of Ministry of Ministry of Labour Cabinet
Trade & Science & Education Ministry
Investment Technology Secretary
(Victorious
Secret)
Foreign Public Research Education Skilled
Corporations Institutions Institutions Returnees
Address the need for Coordinate research Streamline curriculum Harnessing their
grants/incentives effort & publish findings to industry needs knowledge & expertise Export
Workforce Value
Industry Cluster
Integrating research findings Equipped with technical Innovation
into the cluster & manage FDI. demands of our industries Biz Creation
Introduction Integrate Expand Implementation Conclusion
28. COST & FUNDING
Optic Fibre Upgrade
Upgrade Infrastructure Research Institute &
COST (Rails, ports, etc.): Industry Cluster:
(US$10 per foot,
Short Run 500mil):
US$45 billion US$10 billion US$3 billion
PPP Loans Govt Debt
FUNDING
Attracting MNCs to Target to borrow Issue 10 year
be involved in up to US$10 billion bond of US$10
specific corporate from organizations billion value at a
investment such as World Bank 7.50% yield per
projects for up to and ADB annum
US$38 billion.
Incentives and tax Protection and assurance Ensure skilled workers in
through a just legal regime
concessions for and non-discrimination Panacea are available and
investments guarantee at low cost
Introduction Integrate Expand Implementation Conclusion
29. IMPACT ASSESSMENT
ECONOMIC IMPACT OF THE INITIATIVES:
Year 2011 Improved
Gross Domestic Product 4.5% 6.5%
High-End Exports 20.2% 40.3%
Unemployment 8.3% 4.5%
Public Debt (of GDP) 49.5% 44.8% by 2016
Total Factor Productivity - 5.2% per decade
Repositioning of Panacea’s strategy will spur economic growth for the next two decades.
Introduction Integrate Expand Implementation Conclusion
30. IMPACT ASSESSMENT
SOCIAL IMPACT OF THE INITIATIVES:
Education level of the population to increase
Population below poverty line reduced to 18% in 2030
Creation of 25mil job opportunities
Labour productivity grows at an average 1.91% hence
leading to higher wages
Poverty will be reduced due to the increased job opportunities, mainly created in the
Data Analytics and Supply Chain sectors
Introduction Integrate Expand Implementation Conclusion
31. IMPACT ASSESSMENT
IMPACT ON INNOVATION AND BUSINESS CREATION:
R&D Expenditure to increase from 1.6% of the GDP in 2010
to 8.7% in 2030
No. of newly-created SME to increase
Move up the value chain with bigger contribution of GDP
from Services from 25% to 71% in 2030.
The IP protection will spur MNC’s R&D expenditure in Panacea. Better ecosystem and
protection will encourage start ups.
Introduction Integrate Expand Implementation Conclusion
32. CONCLUSION
The main driving principles of our strategy for Panacea is to INTEGRATE and
EXPAND, to achieve a holistic and sustainable growth for the country.
INTEGRATE EXPAND
to move Panacea up the to put Panacea on the
value chain. global economic map.
Panacea as the home for Building industry horizontals
• Talent • Solutions Hub
• Innovation • Supply Chain
• Business • Financial Activities
GOAL: Panacea as high-technology knowledge economy
Introduction Integrate Expand Implementation Conclusion
33. QUESTIONS & ANSWERS
CHIA Kai Chung | Dawn LEE | GAN Wei Yi
A Panacea for the World
34. COMPLEMENTARY SLIDES
Presentation Appendix Index
Current State Analysis Maersk Shipping Route Financial Product for S.C.
Strategy Overview Maersk Route with Panacea US Food Import from China
Integrate: Talent Data Analytics Scene China Tech Import from US
Integrate: Innovation What is Data Analytics? Gross Domestic Product
Integrate: Business Data Analytics in Supply Chain Total Factor Productivity
Expand: Solutions Hub Garmeen Microcredit Unemployment Rate
Expand: Supply Chain PPP: Hyflux % of High-Tech Pdt/Svc
Expand: Finance PPP: Olam Jobs Creation
Action Plan Corporate Investment: Shell Labour Productivity Level
Stakeholders Map Brazil: 4th Largest Economy R&D Expenditure
Institutional Framework GDP Breakdown
Risk & Mitigation I
Cost & Funding Risk & Mitigation II Profile: Dawn LEE
Impact: Economics Panacea on Global Map Profile: CHIA Kai Chung
Impact: Social Panacea Sea & Air Ports Profile: GAN Wei Yi
Impact: Business Creation
44. CORPORATE SOCIAL IMPACT INVESTMENT - SHELL
Source: Harvard Business Review, Blog Network, Meet Your New R&D Team: Social Entrepreneurs
45. PANACEA ON GLOBAL MAP
Source: Frost & Sullivan, Case Study Contest - Panacea
46. PANACEA SEA & AIR PORTS
Source: Frost & Sullivan, Case Study Contest - Panacea
47. US FOOD IMPORT FROM CHINA
Source: Congressional Research Service Report for Congress – Food and Agricultural Imports from China
http://www.fas.org/sgp/crs/row/RL34080.pdf
48. CHINA TECHNOLOGY IMPORT FROM US
Source: The US-China Business Council, https://www.uschina.org/statistics/tradetable.html
49. BRAZIL AS 4TH LARGEST ECONOMY IN 2030
Source: Brazil Annual Report - Brazil. Learnings, Status and Strategy
51. RISKS & MITIGATIONS PART I
Potential Concerns Responses
Certain Sunrise Industries might Diminishing financing for all industries so that
never learn to be productive only the productive will eventually survive;
despite subsidization market forces pick up the winners
ERS might take a longer time than Market less on results in the initial years but
expected to produce results. Longer more on the community of leading
duration of realizing results may researchers with a supportive ecosystem of
reduce marketability. research apparatus and outfits.
Abrupt enforcement of strong IP
rights might cause some useful and Gradual strengthening of IP Rights over the
easy to copy tech to be unavailable years on an incremental and progressive basis.
due to cost
Supply chain and financial Play on Panacea’s natural geographical
companies might be initially advantage to attract big players (e.g. DHL) and
skeptical about expanding into the rest will follow suit once the eco system is
Panacea. established.
52. RISKS & MITIGATIONS PART II
Potential Concerns Responses
Join OECD as our projects are in line with their
Unable to get loan from ADB
sustainable development objectives.
Use Specific-purpose securitised borrowing.
When cost overrun and more For example, fares are the most common
bonds need to be issued source of funds for the repayment of transit
bonds.
Build Own Operate Transfer (BOOT): The
private sector is responsible for design and
construction, finance, operations,
Private firms taking up
maintenance and all commercial risks
infrastructure upgrading has too
associated with the project. It owns the
much power and become
project through the concession period and the
inefficient
asset is then transferred back to the
government at the end of the term, often at
no cost.
53. ECONOMIC IMPACT OF INITIATIVES
Gross Domestic Product Total Factor Productivity
Projected GDP Level (bil) TFP Growth Level
1600.0 112.0
110.2
Duration: Over 15 Years
Average Annual Growth: 1313.3 110.0 2nd Decade: 5.2%
6.55% growth
1200.0 108.0
1st Decade: 4.8%
106.0 growth
800.0 104.0 By accounting for the
GDP growth not
102.0 explained by labour
and capital
productivity
400.0 100.0
2010 2014 2018 2022 2026 2030 2010 2014 2018 2022 2026 2030
54. ECONOMIC IMPACT OF INITIATIVES
Unemployment Rate % of High Tech Products/Svcs
Unemployment Rate % of High Tech Prod and Services of
9.00% Total Exports
8.00% 45.00% 40.3%
7.00% 40.00%
6.00% 35.00%
5.00% 30.00%
By extrapolating the
25.00%
4.00% working population and
the additional job 4.5% 20.00% By extrapolating the
3.00% creations together with increased exports of high
15.00%
the normal jobs growth end products and services
2.00%
10.00% from Data Analytics
1.00% 5.00% hub, transshipment and
Finance Industries
0.00% 0.00%
2010 2014 2018 2022 2026 2030 2010 2014 2018 2022 2026 2030
55. SOCIAL IMPACT OF INITIATIVES
Jobs Creation Labor Productivity Level
Additional Jobs Created ('000) Labor Productivity Level
125.0
30000 12380 120.8
Duration: Over 20 Years
20000 120.0 Average Prod growth: 1.91%
8500
10000 4120 115.0 We assume the macro-
economic environment has
no negative shock, as we
0 110.0 understand that events such
as SARS outbreak or 911 will
2014 2018 2022 2026 2030 cause a negative productivity
105.0 growth. So in a sense, the
Infrastructure Building productivity growth is a pure
figure.
100.0
MNCs^ 2010 2014 2018 2022 2026 2030
*Startups and SMEs
56. IMPACT ON INNOVATION & BUSINESS CREATION
R&D Expenditure
Total Expected R&D Expenditure (bil)
60.0
49.9
50.0
40.0 36.8
30.0
25.0
20.0
10.5
10.0
0.0
2014 2018 2022 2026 2030
Infrastructure Logistics Professional Services ICT
57. IMPACT ON INNOVATION & BUSINESS CREATION
GDP Breakdown
Other GDP Breakdown: 2011 GDP Breakdown: 2030
Agriculture,
5% Other, 6% 5% Primary
Industries,
9%
Agriculture
Services Secondary
25%
25% Industries,
10%
Secondary Primary
Industries Industries
15% 30%
Services, 70
%
58. IMPACT ON INNOVATION & BUSINESS CREATION
GDP Breakdown
GDP Breakdown: 2030Agricultur
Breakdown of Service Industry Service Primary
Others* Related Other, 6% e, 5%
Industries
6% Trade^
, 9%
16%
Secondar
y
Finance
Business Industries
25%
Services , 10%
11%
Services,
70%
ICT Supply
12% Chain
30%
59. TEAM PROFILE
Dawn LEE Yi Min
National University of Singapore
B.A. (Hons) Economics, University Scholars Programme (USP)
Fudan University, NUS Overseas College (Shanghai), Minor in Technopreneurship
University of California Los Angeles, Student Exchange Programme
NUS Global Merit Scholarship
ACADEMICS University Scholars' Program Senior Honor Roll
Project Officer, Singapore Economic Development Board, Professional Service.
INTERNSHIPS Marketing Coordinator, Trader Analytics Corp
Intern, Ministry of Finance Singapore, Social Programs Diectorate
Intern, CapitaLand Limited, Economics Research Unit
Winning Team, Startup Weekend Shanghai 2011
COMPETITIONS Finalist, Public Policy Challenge 2010
Finalist, Frost & Sullivan Case Challenge 2013
Co-Founder, TaskAmigo (Startup that gained significant traction ~3500 users in 6mths)
COMMITTEE Welfare Committee Head, NUS Economics Society
Overseas Projects Director, YEP WINGS Cambodia
60. TEAM PROFILE
CHIA Kai Chung
National University of Singapore
Double Degree Programme B.B.A. (Hons) Finance (First Class Honours)
B.A. (Hons) Economics (First Class Honours)
Hong Kong University of Science and Technology , Student Exchange Programme
Dean’s List, NUS Business School
ACADEMICS Singapore Chinese Chamber of Commerce Foundation Scholarship
OglivyOne, Oglivy and Mather
INTERNSHIPS Intern, Abbott, Finance
Intern, IBM, Asset Management
Finalist, Shell Business Case Competition 2012
COMPETITIONS Second Runner-up, Google Varsity Challenge 2012
Finalist, Frost & Sullivan Case Challenge 2013
Committee Member & Facilitator, Bizad O-Week
COMMITTEE Ambassador, NUS-DBS International Case Challenge
Junior Commander, Singapore Armed Forces, HQ SCE
61. TEAM PROFILE
GAN Wei Yi
National University of Singapore
B.Eng. (Hons) Industrial & Systems Engineering (First Class Honours)
Georgia Institute of Technology/Tsinghua University, Summer School.
Technical University of Munich, Student Exchange Programme
NUS Faculty Scholarship
ACADEMICS Dean’s List, Faculty of Engineering
Credit Service Officer, Oversea-Chinese Banking Corporation, Business Banking.
INTERNSHIPS Project Officer, Singapore Economic Development Board, Logistics & Supply Chain.
Engineering Intern, Hi-P International Limited, Engineering Design & Tooling.
Winning Team, Standard Chartered Bank Young Apprentice Programme 2009
Finalist, Shell Business Case Competition 2012
COMPETITIONS Second Runner-up, Google Varsity Challenge 2012
Finalist, Frost & Sullivan Case Challenge 2013
Winning Team, Procter & Gamble CEO Challenge 2013
COMMITTEE Vice-President, Industrial & Systems Engineering Club
Start-up@SG Public Relations, NUS Entrepreneurship Society
Editor's Notes
Strong manufacturing led export growth at 70.3% of GDP, of which 20.2% is for high tech servicesDeveloped storage, transport and logistics facilitiesCentral geographical locationLarge population and market potential
The Panacean Solutions Lab realizes the long term goal of sustained innovation in a high-tech knowledge economy. This is achieved through a calculated step-by-step approach that sets the foundations for a successful Solutions Lab. To become a high income, innovation driven economy, a step to take in the right direction would be to develop a Panacean Solutions Lab. The solutions lab is in line with Panacea’s marketing message as ”A Panacea for the World”, and the branding as a destination where people are driven by knowledge and collaboration. What?Collaborative space for regional thought-leaders and researchersThese thought leaders and researchers are attracted to Panacea because of the knowledge nucleus, state-of-the-art infrastructure, grants, manpower provisions and overall supportive ecosystem. Examples of projects that can be carried out are supply chain management findings.Why? Necessary because ideas are the currency of the new economySustainable, in built innovation. Model where past innovation is a function of the model. How to get there? Empirical Research StudiesCapitalize on the current situation (underdeveloped regions, 28.9% population below poverty line, 35.2% urbanized)Lots of room for studies relating to anthropology, behavioural economics, development economics. Attract researchers into the region by setting up good facilities to house researchers and make available grantsAttract corporate social impact investments into the region, who might be interested in learning how to serve underdeveloped markets (note that population in Panacea is 695.3 million, third in the world after China and India), and hence great market potential. Spillover effects into human capitalForward linkage into developing Super Data CapabilitiesGrow super data capabilities Data capabilities refers to managing data, modelling, mapping and then visualization. Panacean Solutions Lab