The Economist Events Social Innovation in Action 2019 in Bangkok discussed the future of social innovation in Asia

Stocks and Financial Services Press Releases Monday October 7, 2019 14:46
Bangkok--7 Oct--Precious Communications

The inaugural Social Innovation in Action brought together a regional audience of over 130 at the Siam Kempinski Hotel Bangkok for insightful discussion and debate around the future of social innovation in Asia.

The summit discussed whether Asia can lead the way in providing data-driven and technology-based solutions to long-standing social challenges. The panels were moderated by The Economist's emerging markets editor Simon Cox and Charles Ross, Editorial director, thought leadership Asia of The Economist Intelligence Unit.

The summit kicked off with a panel on creating a social innovation ecosystem with Pun-Arj Chairatana, Executive director, National Innovation Agency, Thailand setting the tone for the discussion, saying "the Thailand government is looking for ways to supercharge social innovation as few angel investors or impact investors in Thailand are actively funding social innovation projects."

Alison Eskene, vice-president, Asia-Pacific, Mastercard Center for Inclusive Growth shared her challenges with social innovation stating that "the digital economy needs to work for everyone everywhere, but inequality impedes that".

Pierre Legrand, chief technologist of PwC finds that 9 times out of 10 the biggest challenge to digital transformation and social responsibility thinking is leadership.
"Corporates are in this game whether we want to be or not, there is no opt-out for corporations being socially involved." said Lale Kesebi, founder and chief executive, Human at Work
The full-day discussions were concluded with a summary by The Economist editors who took questions from the audience. Key topics addressed at the summit were:
  • What needs to be in place for social innovations to generate economic growth?
  • How is social innovation changing traditional businesses?
  • How can collaboration between the private sector, social entrepreneurs, the public sector and civil society be achieved?
  • Who needs to be involved to make initiatives successful, socially and financially?
  • Can the social innovation sector shed its association with motherhood statements and corporate window dressing in favour of robust processes, dedicated financing and meaningful measurement? If yes, how?
  • What will social innovation look like by 2030?
The event featured speakers, including:
  • Pun-Arj Chairatana, executive director, National Innovation Agency of Thailand
  • Alison Eskesen, vice-president, Asia-Pacific, Mastercard Center for Inclusive Growth
  • Jonathan Wong, chief of technology and innovation, United Nations Economic and Social Commission for Asia and the Pacific
  • Pierre Legrand, chief technologist, PwC
  • Lale Kesebi, founder and chief executive, Human at Work
  • Tommy Leong, zone president for East Asia and Japan, Schneider Electric
  • Saibal Das Chowdhury, co-founder and chief executive, Urbanetic
  • James Soukamneuth, Impact investing director, Investing in Women
About The Economist Events

The Economist Events is the leading provider of international forums for senior executives seeking new insights into strategic issues. These meetings include industry conferences, management events and government roundtables held around the world. As part of The Economist Group, The Economist Events is a highly respected brand with a 162-year history and an unrivalled reputation for excellence and independence. Each meeting organised by The Economist Events delivers objective and informed analysis. Our meetings provide unusually high-level forums where senior executives can gain insights, exchange views and compare strategies. Visit www.economist.com/events for more information.


Latest Press Release

Bangkok Bank reports third quarter 2019 net profit of Baht 9,438 million

In 2019, the Thai economy is forecast to expand at a slower rate than in 2018. Slowing global growth, intensifying trade tensions and the unrelentingly strong Baht have weighed on both exports and tourism. Meanwhile, private consumption and private...

KTC declares 4.205 billion in first nine months net profits. Receivables growth hit an all-time high in the past two years with plans to expand member base and fortify quality of ports.

KTC announces net profits for the first nine months with a 8 percent growth at 4.205 billion. Budget will be allocated to stimulate marketing activities and expand member base. Policy to expand member base and in main business caused portfolio to have...

Witnessing Thai Peoples Lack of Financial Discipline, GoBear Seizes Opportunity to Organize Seminar on Financial Health GoBear Fin Detective #สืบฟินวินทุกเรื่องเงิน And Releases Latest Survey on What Causes Thais Unsuccessful in Achieving Financial Go

GoBear Thailand, Asia's leading financial supermarket, has invited celebrities and financial experts to participate in the seminar "GoBear Fin Detective #สืบฟินวินทุกเรื่องเงิน," aiming to encourage Thai people to pay attention to their financial health,...

TBANK Q3 2019 profit reaches record launches ThanachartDRIVE

Thanachart Bank Public Company Limited (TBANK) reported a consolidated net profit of 4,054 million baht for the third quarter of 2019, improving 12.86% from the previous quarter. Mr.Praphan Anupongongarch, Chief Executive Officer and President of...

Photo Release: EXIM Thailand and EXIM Bank Malaysia Discuss Ways to Promote Thai and Malaysian Trade and Investment

Mr. Pisit Serewiwattana (third left), President of Export-Import Bank of Thailand (EXIM Thailand), and EXIM Thailand's management welcomed Dato' Shahrul Nazri Abdul Rahim (third right), President and Chief Executive Officer of Export-Import Bank of...

Related Topics