Despite reducing electricity demand due to COVID-19, the Asia-Pacific region maintained positive yearly growth rates in electricity demand 15.02.2022 Unravel editorial team Original article posted here: https://unravel.ink/asias-electricity-demand-is-surging/ An aerial view of Beijing. Asia’s demand for power is growing, driven by China and India. Photo by Road Trip with Raj on Unsplash. Electricity has played a key role in uplifting economies and forms a crucial component in bridging the economic divide. In a recently released report by the International Energy Agency, demand for…
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Issue: 016: February 2022 AUSTRALIAN & INDIA LOOK FOR “LIGHT FTA” IN 30 DAYS: Trade Ministers Tehan and Goyal met in Delhi during the week and agreed to conclude an interim FTA within 30 days. It is expected the interim agreement will be signed in March. A comprehensive agreement is to be completed within 12 months. US CONFIRMS APEC HOSTING: The US confirmed this week that it would host APEC in 2023. It has also named Matt Murray as its…
You are cordially invited to the Ninth Asia-Pacific Forum on Sustainable Development (APFSD), to be held at the United Nations Conference Centre in Bangkok and online from 28 to 31 March 2022. Please find attached a letter of invitation to all ESBN members (PBEC is an official Corporate Member) from Ms. Armida Salsiah Alisjahbana, Under-Secretary-General of the United Nations and Executive Secretary of ESCAP and the provisional agenda for your reference. All relevant information to facilitate your participation, including the…
Zoom conferencing won’t work if the Southeast Asian bloc is to tackle the big issues by Luke Hunt The rapid spread of the Omicron variant of COVID-19 across Southeast Asia is threatening to derail Cambodia’s ambitious agenda as this year’s chair of the Association of Southeast Asian Nations (ASEAN), which hinges on face to face meetings and backroom in-person negotiations among bureaucrats. Topping Prime Minister Hun Sen’s agenda are the “peace” talks with the junta in Myanmar and his plans…
Imperial College Business School is pleased to offer all PBEC members a SPECIAL 15% discount on their portfolio of online and virtual executive education courses. Imperial College Executive Education combines Imperial College London’s capabilities in science and technology with strong industry connections to deliver impactful professional development programmes. Course topics include leadership, digital transformation, finance, strategy, and analytics, all designed to make you, your team and your organisation more competitive and sustainable. Online programmes include pre-recorded sessions with Imperial faculty,…
Investment will increase access to credit, with specific focus on women entrepreneurs As Vietnam accelerates economic recovery amid COVID-19, IFC, LeapFrog Investments, and DEG – Deutsche Investitions- und Entwicklungsgesellschaft have invested $165 million in convertible Tier 2 bonds issued by Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank), a leading Vietnamese private retail and SME bank. While strengthening the bank’s capital base, the funding will help increase lending to retail and small and medium enterprises (SMEs), including women-owned…
“Customs has a key role in making trade seamless, safe and secure,” stated WTO Deputy Director-General Anabel González at a 20 January hearing of the European Union’s Wise Persons Group on Challenges Facing the Customs Union. DDG González observed that customs authorities need to respond and adjust to changes in the global trade landscape brought about by the COVID-19 pandemic, rapid technological developments, geopolitical tensions and climate change. She added that the role of customs was becoming increasingly complex, and…
When the central bank of Russia proposed a sweeping ban Thursday on crypto activity, digital assets barely skipped a beat. Bitcoin even rose around 5% at one point during New York trading hours. “There are bigger concerns right now in crypto right now,” Chris Vecchio of DailyFX told Insider. “What’s happening is much more closely tied to global stimulus conditions and central banks pulling back their pandemic era efforts. That, to me, is the prevailing story here.” John Wu, president…
THE nation kicks its presidency of the Group of 20 (G20) into high gear this month with a flurry of activities and events, including forums for CEOs of companies from member countries where they will discuss issues from sustainable development to women’s empowerment. The Office of the Coordinating Economic Minister, which is responsible for the scheduling and substance of Indonesia’s G20 presidency, said that on Jan 27, representatives of companies from the 20 member countries and another 40 from non-member…
The carbon tax and carbon credit markets will be major topics of discussion at the finance ministers’ meeting at the Asia-Pacific Economic Cooperation (Apec) summit in Thailand this year, says Fiscal Policy Office adviser Warotai Kosolpisitkul. The Apec finance ministers’ meeting is scheduled before the leaders’ meeting. The two themes of the finance ministers’ meeting are sustainable finance and the digital economy, Mr Warotai said. Read More