The Business Bytes
KOLKATA, APRIL 6, 2024 (TBB BUREAU): T Prabakar, First Secretary (Commerce) of the High Commission of India in Singapore, highlighted the enduring strength of the India-Singapore bilateral relationship during the 3rd International Conference organized by the Institute of Company Secretaries of India (ICSI).
Held on April 5-6, under the theme “Building Resilient & Sustainable Economies”, the conference convened experts and stakeholders to explore avenues for collaboration and innovation in diverse sectors.
“In recent years, both India and Singapore have diversified their engagement beyond traditional sectors, venturing into uncharted territories such as FinTech, BioTech, Smart Cities, Sustainable Development, Healthcare, and Renewable Energy,” stated Prabakar. “This bond has evolved into a powerhouse of economic cooperation, driving innovation, prosperity, and sustainability across borders,” he added.
The conference delved into the intersection of Environmental, Social, and Governance (ESG) principles with value creation, discussing how ESG factors influence financial performance and can be integrated into investment decision-making. Sessions also addressed challenges in ESG measurement and highlighted the growing importance of Diversity, Equity, and Inclusion (DE&I) in fostering a sustainable and innovative workplace culture. Furthermore, discussions covered the global Anti-Money Laundering (AML) regulatory landscape, emphasizing the significance of integrating due diligence for standardized systems and capacity building.
Throughout the two-day event, stimulating panel discussions and special sessions unfolded, covering topics such as Sustainability Reporting, Board Oversight, AI in Compliance, and India-Singapore Bilateral Ties. Seasoned speakers from diverse economies provided insights into governance and sustainability practices, offering attendees a unique opportunity to learn about the latest developments in these fields.
The conference’s knowledge partners, including the Chartered Institute for Securities & Investment (CISI), Malaysian Association of Chartered Secretaries (MACS), and the International Valuation Standards Council (IVSC), contributed to making this event a resounding success, facilitating knowledge exchange and collaboration among participants.
