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PBEC News

Understanding Scope 3 reporting & the Opportunity in Asia Pacific – Oct 2024

 Climate change is intensifying, but so is the push to decarbonize. While many businesses have made progress tracking Scope 1 and 2 emissions, the focus is now shifting to #Scope3 — indirect emissions from supply chains. Explore KPMG’s report with PBEC -...
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Korea and ASEAN to cooperate for launch of bilateral Trade and Economic Think Tank Dialogue in 2025 -OCT 2024

The Ministry of Trade, Industry and Energy (MOTIE) of the Republic of Korea announced plans today with regard to launching the Korea-ASEAN Trade and Economic Think Tank Dialogue (“Dialogue”), proposed by Korean President Yoon Suk Yeol during the 25th Korea-ASEAN...
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TRENDS IN LOGISTICS 2024 – prepare your logistics for the future – Oct 2024

By Toyota Material Handling The world of logistics is going through a considerable transformation. There are significant ongoing changes in the business landscape, a mindshift in the general population altering social behaviour, new technologies, and radical developments in logistics –...
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Quad summit shows strengths and limits of Biden’s foreign policy – Sep 2024

Originally published in The Straits Times - courtesy of the Lowry Institute The recent Quad summit was something of a victory lap for President Joe Biden’s Asia strategy. Yet the success of the Biden administration’s approach to deepening ties with...
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Why Are Global Leaders Converging in Peru? – Oct 2024

Next month in November 2024, business leaders and Government officials from across the globe will converge on Lima, Peru, to address the challenges and opportunities that will shape the future of the Asia-Pacific region. This gathering comes at a critical...
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PBEC supports United Nations adoption of the Future to transform global governance Pact- Oct 2024

World leaders adopted a Pact for the Future that includes a Global Digital Compact and a Declaration on Future Generations. The most wide-ranging international agreement in many years, covering entirely new areas as well as issues on which agreement has...
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PBEC & KPMG report identifies crucial steps to address Corporations Scope 3 emission disclosures gaps in Asia Pacific

Addressing Scope 3 emission disclosures are integral towards achieving organizational and regional sustainability goals The report highlights a lack of Scope 3 emissions disclosures in Asia Pacific, as they typically occur outside of an organization’s direct control – compared to...
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APEC Businesses Call for Greater Action Amid Insufficient Economic Growth and Increasing Climate Risk – Aug 2024

The APEC Business Advisory Council (ABAC) concluded its meeting in Tokyo this week, calling for decisive action to boost trade, digitalization and climate response. “Tackling trade and investment barriers, promoting digitalization and accelerating the climate response is urgent. We can’t...
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Collaboration as a mission, to create value, innovation and new opportunities for growth through free and open digitally enabled cross border Trade in APAC

5The Pacific Basin Economic Council Vision outlined for 2024-2027 ahead of its AGM 2024 – by Michael Walsh CEO PBEC – June 2024 Collaboration as a mission, to create value, innovation and new opportunities for growth through free and open...
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What are the benefits for Hong Kong business in joining RCEP trade area? – June 2024

A perspective from the Pacific Basin Economic Council (PBEC) on the potential benefits for Hong Kong businesses in joining the Regional Comprehensive Economic Partnership (RCEP) trade area should its current application be finally approved: The Pacific Basin Economic Council views...
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PBEC’s GS1 Hong Kong celebrated its 35th Anniversary with a prestigious gala dinner at Ocean Park Marriott Hotel- Mar 2024

An impressive 35th Gala Anniversary Dinner was hosted by GS1 HK - many congratulations to PBEC’s BoD and GS1 CEO Anna Lin and her wonderful team. A very impressive turnout and PBEC members were excited to reconnect with so many...
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