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[Music] most the private sector in Southeast Asia is actually owned by families you know we dont have the classic western publicly listed company here these are all companies owned run founded by families by patriarchs but increasingly many of these companies are going through a change from the second generation mostly to a third generation and this third generation has been educated in the US or in Western Europe these are often folks in the thirties now coming back to Indonesia or Malaysia Thailand or wherever bringing with them what theyve learned in the West in terms of management practices in terms of their expectations in terms of the standard of quality reset on technology on sustainability on environmental responsibilities so they come at it thinking very differently and this means over the next few years over the next decade business practices will change the way these companies think will changes this will create a set of opportunities that are never been seen before [Musi
