Author: PBEC subject matter expert contributor, Dr. Yu Hong, Senior Research Fellow of the East Asian Institute at NUS in Singapore who also spoke at our Dialogues Summit 2021 shares his latest paper and insights with us on this topical area of trade and regional developments. Abstract Despite China’s claims that the Belt and Road Initiative (BRI) is an economic co-operation initiative that will foster economic growth and industrial development for recipient countries, to create trade and investment opportunities, and…
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It won’t be long before you have an appointment with the Sustainability auditors, especially if you serve large customers in sensitive industries like medical and pharma. #sustainability I interviewed a molder this week for an upcoming article, and he voiced something that a number of you may be experiencing – and others will soon, no doubt. “They have a whole team asking sustainability questions now. Most of our machines are all-electric now, saving energy. Our paperboard boxes are 100% recycled…
DBS is playing its part – They are the first bank in Singapore to sign up to the Net-Zero Banking Alliance (NZBA), and the first in Southeast Asia to publish a concrete and comprehensive set of targets for our Scope 3 financed emissions. These targets will guide us on strategically channelling financing away from high-emitting activities towards low-carbon alternatives. Decarbonisation targets have been set for seven sectors: 1) Power, 2) Oil & Gas, 3) Automotive, 4) Aviation, 5) Shipping, 6)…
Issue: 025: October 2022 PBEC Trade Report October 2022 INDIA POSTPONES TRADE POLICY: India has postponed a new foreign trade policy and extended its current policy for a further six months. The Ministry of Commerce said the volatile global economic and geopolitical situation meant further consultations were required. A new policy was to be announced on September 30. AUSTRALIAN MINISTER INSISTS ON GREATER FARM ACCESS: Trade Minister Farrell is confident Australia can conclude an FTA with the EU in “good…
LEI YU Chief Executive Officer, North Asia, Regional Head of Distribution, Asia, QBE Asia Pacific Lei Yu has joined PBEC and has been appointed to the board. Lei was Chief Executive Officer at Marsh Hong Kong, and Director at L2 SPACE. Lei Yu joined QBE Insurance in 2018. Lei Yu is currently Chief Executive Officer, North Asia, Regional Head of Distribution, Asia at QBE Asia Pacific “PBEC is a great platform providing meaningful connections and partnerships for the local &…
For those of you wishing to attend this years APEC CEO (In person) Summit in Bangkok on the 16-18th November 2022, you are kindly requested to register your interest via this link below. It also provides you with the latest delegate fee package costs. All applicant approvals or denials for receiving an official invitation by the organisers this year will be sent out to you directly via your registered email. I therefore ask you to urgently complete the registration process,…
Issue: 024: September 2022 PBEC Trade Report September 2022 INDIA READIES NEW FOREIGN TRADE POLICY: India is finalizing a new foreign trade policy. Commerce Secretary Subrahmanyam was reported by The Hindu that the new policy would be unveiled on September 30. It would be part of a package to boost exports. An FTA with the UK could also be finalised soon. NEW ZEALAND TO REVIEW DAIRY QUOTAS: New Zealand is to review its dairy quota allocation system in ab id…
Brief Description: We are joined this episode by Anson Chan Chairman and CEO of Bonds Group of Companies. A respected Hong Kong businessman, Mr. Anson Chan has accumulated a variety of management and investment experience. Bonds Group of Companies owns both commercial and residential properties in prime locations of Hong Kong, China, Taiwan, Britain, Canada, USA and Singapore. Before joining his family business, Mr. Chan was an associate director in the proprietary investment group of Nomura International, the Japanese leading…
Dear PBEC Members, I am pleased to share a wonderfully insightful recording of the LIVE dialogue session PBEC moderated on “The Future of Work in the Digital Economy – Technology, Education, Talent and Training”, at the recent hybrid World Digital Economy and Technology Summit co-organised by the PBEC and hosted by the KSI Strategic Institute for Asia Pacific at the Majestic Hotel, Kuala Lumpur, Malaysia on the 28-29 June 2022. From a PBEC perspective we are interested in three main trends being observed across Asia Pacific. The final share…
There are obstacles to be overcome, but the time is coming soon when both traditional and digital forms of currency will be trusted and accepted by all JULY 2022 Arturo Bris Director of the World Competitiveness Center and Professor of Finance at IMD Business School For an asset to be a medium of exchange it must be fully accepted by all, and this is the role that central banks play. Photo by Dmitry Demidko on Unsplash. The basic principle…