Perdana Magazine 2014-2015 | Page 20

CEO Forum 2014 speci a l session w i t h e y: “Industries of high growth and resilience, 2015 and beyond” moderator Mr. Azwan Baharuddin | Partner, Asia Pacific Advisory Business Development Leader “In 2015, we identified six global mega trends that will impact the global market place: Digital enterprise. Mobile data analytics, the cloud. Urban enhancements like digitally-enabled smart cities. Work unbound (technology is evolving the notions of the work place). Health re-imagined (the concept of healthcare is changing around the world). Increased adaptation and innovation of non-renewable resource sectors. We are an oil and gas rich country, but there is increasing competition in the renewable energy space.” panellists Mr Keith Pogson | Senior Partner, Financial Services, Asia Pacific, EY Global Assurance Leader – Banking & Capital Markets, EY “If I was sitting in a government role at this point in time looking forward, I’d be trying to get people to think outside the 20 | P e r d a n a M a g a z in e 2 0 1 5 box. Take away from them the rote learning of past education. The computer of the future will do most of what mankind can do. But there would still be need for human brilliance in innovation. That’s going to be difficult for computers in the next thirty to fifty years to take away from humans. So it really has to be education that the government focuses on.” Ms Mildred Tan | Head of Advisory Services, EY Singapore “There’s increasing innovation in healthcare. In medical science, doctors are now using analytics for predictive assessments and diagnoses. To reduce expenses, a doctor may outfit an ambulance with the latest X-Ray machines, blood test equipment and heart machines, and be able to offer medical assessment and treatment, anywhere. For Malaysia, I think medical tourism is big business. In 2020, we think that the number of medical tourists in Malaysia will go up to two million.” Mr Vikram Chakravarty | EY Asia Pacific Capital Transformation Leader “Whose responsibility is it to ensure that we are competitive in the future? In my opinion, both the entrepreneur and the government will rule together. The entrepreneur must dream the bigger dream. But equally government has a fundamental role in restructuring industries. Far too many governments mollycoddle and protect their local industries in a way that they cannot be globally competitive…We need the government to wake up and recognise that’s not the right way to do things and allow restructuring.”