[ Business ] 24/07/2016
Private sector can lead the globe towards progress
Summit Group Chairman Muhammed Aziz Khan speaks at the South Asian Diaspora Convention 2016 held at the Raffles City Convention Centre in Singapore recently.

The private sector will lead the world towards the path of development and progress and it is the technology and digital connectivity that has enabled all stakeholders to operate in an integrated business environment globally.

Muhammed Aziz Khan, Chairman of the Summit Group made the observation at the South Asian Diaspora Convention 2016 held at the Raffles City Convention Centre in Singapore recently.

Mentioning that global business is a necessity and a positive force for the future, Aziz Khan also emphasised the importance of technology in today’s global business arena, where through digital connectivity, we are able to work collaboratively.

Khan represented Bangladesh at the Convention as a leading entrepreneur in the power and energy, shipping, hospitality, and IT and communications sectors and shared his thoughts with businessmen across the region.

The Convention, with the theme “Growth Through Interaction: The South Asian Opportunity”, was organised by the Institute of South Asian Studies (ISAS) at the National University of Singapore (NUS).

The event was attended by Singaporean Prime Minister Lee Hsien Loong and top policy makers, businessmen, and think tanks from South Asia countries.

The convention highlighted issues for facilitating policy dialogue and discussions on regional development, increasing business integration and growth within the South Asian region.

In his speech, Khan elaborated how the private sector has become a powerful driving force behind the rapid development of Singapore, an excellent model that can be followed by other countries.

Singaporean Prime Minister Lee Hsien Loong also spoke during the Convention’s gala dinner. The dialogue was moderated by Shyam Saran, the former foreign secretary of India.

The Singaporean premier asserted: “Leaders need to make people see how globalization benefits them.” He also spoke about opening up economies rather than keeping them confined, as increased integration and inter-connectivity of economies is beneficial for everyone.

 Loong reminded everyone that even this was a troubled time, “this is a time generally of peace and prosperity.”