Journalism in Southeast Asia is triply constrained. In a given country, the regime in power may impose censorship or induce self-censorship. Outraged by an article, headline, or photograph, a threatening mob can achieve the same result. Concern for the bottom line may pressure commercial media to avoid "serious" analyses in favor of "lighter" stories with ostensibly greater reader, listener, or viewer appeal. Violence and sex may be featured for the same material reason. What is it like to work under such constraints? What strategies are available to journalists for defeating or deflecting them? How do the news environments in Indonesia and Thailand differ in these respects? What about the prejudices and preferences of journalists themselves? How do all these limits, incentives, and propensities go into the making of the news in Southeast Asia? Yuli Ismartono is uniquely suited to answer these questions. As a correspondent for TEMPO, she covered wars in Cambodia and Sri Lanka, drugs in the Golden Triangle, the student uprising in Burma, the Soviet exit from Afghanistan, Russian elections, the first Gulf War, and events in Pakistan, the Philippines, South Korea, Vietnam, and, of course, Indonesia. For five years while TEMPO was banned, she worked in television and corporate public relations while writing for The Indonesian Observer. Her current responsibilities as executive editor include managing TEMPOInteraktif (online news).

How is the American-led war in Iraq affecting Asian countries and their relations with the United States? Is a clash of civilizations underway? Will Islamist rage in Southeast Asia spawn terrorist attacks on Americans there? Will Islamist parties in Indonesia be able to ride this wave of anger into power in the elections to be held in April 2004? Will the regime in North Korea take advantage of American preoccupations in Iraq and Afghanistan to escalate tensions in Northeast Asia? How will the economies of Southeast and Northeast Asia be affected by the conflict in Iraq? Will Washington's priority on ousting Saddam Hussein undermine its effort to stabilize Afghanistan? And what will the repercussions in Asia be if, against the expectation of many observers, the Iraq war turns out to be short and the seeds of Iraqi democracy are successfully sown?

Following the successful migration of semiconductor foundries business to Taiwan, IC design houses are now flowing to Asia. As a result, the opportunities for venture capital investments in Greater China are increasing. Based on on-the-ground experience gained during the past ten years dealing with high-tech venture businesses between Silicon Valley and Asia, Jesse Chen will share his unique perspective on the changing dynamics of risks, timing, business sectors etc. for optimizing investments in the high tech industry in Greater China.

Jesse Chen is managing director of Maton Venture. Maton is a global venture with strategic investors and VC partners from the U.S., Europe, Japan, and Taiwan. Launched in October 1997, Maton now has thirty-two portfolio companies across Semiconductor, Communication, Software and other Information Technology industries. As of December 2002, three have gone public and five have been acquired. Jesse currently serves as board member for eleven companies.

Before Maton, Jesse co-founded BusLogic, Inc. in 1988 and served as CEO and president until it was acquired in 1996. BusLogic designed and marketed ASIC, Board and Software for the computer storage industry. Under Jesse's leadership, BusLogic achieved twenty-two quarters of consecutive growth and profitability, yielding BusLogic's first investor more than sixty times return of investment within six years. BusLogic is now part of IBM.

Jesse also served as chairman of the Global Monte Jade Science and Technology Association from 1998 to 2000 and served as Chairman of Monte Jade West from 1997 to 1998. Monte Jade has more than one thousand high tech corporate members throughout North America and Asia and more than fifty are public companies.

Seeking to tap the huge potential of Greater China, many in Asia seek to replicate the Silicon Valley model. Yet, as much art as it is science, successful VC investing has proven to be uneven in Asia. Why? With respect to innovation, why is it that Asians have good reputations for replicating but not creating cutting edge technology? Is there a disconnect when this is compared to the experiences of U.S. high-tech icons, such as Intel and Apple, filled with Asian-born -- and in many cases educated -- scientists and businessmen? How does the Silicon Valley experience track with Singapore's determined efforts to promote creativity? What lessons, if any, are applicable to Greater China? With respect to entrepreneurship in Greater China, it is clear that Hong Kong, Taiwan and the Mainland are full of hard-driving individuals seeking to build wealth and prosperity. However, in some ways, is there perhaps an overabundance of entrepreneurship? Are there too many in this part of the world who want to be in charge and too few to follow and implement? How can a more productive form of entrepreneurship be fostered?

About the speaker
Dr. Ta-lin Hsu is chairman and founder of H&Q Asia Pacific (H&QAP), a premier private equity firm investing in Asia and the U.S. since 1985. Through ten offices in the region, H&QAP invests in a variety of high-growth sectors, including technology, biotech, financial services, media and branded consumer products. H&QAP manages sixteen funds with approximately $1.6 billion in assets invested in over 250 portfolio companies. Three of these funds comprise $1.1 billion in assets and invest on a diversified basis across the Asia Pacific region while the remaining thirteen funds are country funds.

Dr. Hsu holds numerous advisory positions with governmental and industry organizations. He was a founding member of the prestigious Technology Review Board of Taiwan, a group established to advise the Executive Yuan on all technology matters. Dr. Hsu was also a founder of the Monte Jade Science & Technology organization, the premier nonprofit organization promoting technology exchange between Taiwan and the U.S. He was also a founder and first president of the Bay Area Chapter of the Chinese Institute of Engineers, the largest Chinese-American engineering society in the U.S.

Dr. Hsu received his Ph.D. degree in electrical engineering from the University of California, Berkeley following a M.S. in electrophysics from the Polytechnic Institute of Brooklyn and a B.S. in physics from National Taiwan University. He was a staff scientist at Allied Chemical for two years before joining IBM Research Laboratories in 1973. Dr. Hsu worked at IBM for twelve years, reaching the position of senior manager in the research division -- with corporate responsibility for advanced research and development of mass storage systems and technology -- before joining Hambrecht & Quist as a general partner in 1985.

Dr. Hsu is an Advisory Board Member of the the University of California, Berkeley, Haas School of Business, a member of the Council on Foreign Relations, and a member of the Board of Trustees of the Asia Foundation.