As the COVID-19 global pandemic continued to spread, countries around the world are bracing for a deep downturn, as lockdowns and quarantines have resulted to job losses and business closures. Governments, including ASEAN Member States, have taken swift action and applied monetary, fiscal, and sector-specific measures to cushion the widespread impact of the pandemic. To date, the combined fiscal stimulus packages implemented by the AMS has reached an equivalent of USD318.2 billion or 10.1% of ASEAN GDP in 2019. The…
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Agenda: Chairman’s opening welcome remarks CEO brief APEC Secretariat Executive Director Update Regional observations shared by BoD’s & Members Any action items Closing remarks Tan Sri Dr. Rebecca Fatima Sta Maria (Executive Director @APEC – Asia Pacific Economic Council) Tan Sri Datuk Rebecca Fatima Sta Maria is the executive director of the APEC Secretariat based in Singapore, which serves as advisory body, implementation arm and custodian of institutional memory for the 21 member economies that make up the APEC forum….
As the COVID-19 global pandemic continued to spread, countries around the world are bracing for a deep downturn, as lockdowns and quarantines have resulted to job losses and business closures. Governments, including ASEAN Member States, have taken swift action and applied monetary, fiscal, and sector-specific measures to cushion the widespread impact of the pandemic. To date, the combined fiscal stimulus packages implemented by the AMS has reached an equivalent of USD318.2 billion or 10.1% of ASEAN GDP in 2019. The…
I had the chance to put the following questions to Moses on the Key areas that the IA is working on currently on a recent zoom meeting. What are the reasons behind the setting up of the Insurance Authority as an independent insurance regulator back in 2015? What are the major differences from the previous self-regulatory regime? What are the emerging development opportunities for the Hong Kong insurance industry? What have the IA done to explore and capture these opportunities?…
Building Markets for a Sustainable Economic Recovery EXECUTIVE SUMMARY ES.1. TOWARD A PRIVATE SECTOR–LED AND PRODUCTIVITY-DRIVEN GROWTH PATH Like many successful transition economies, Myanmar has the potential to sustain a high growth rate for the next two decades. The country began a historic triple transition in 2011: from conflict to peace, from military to democracy, and from isolation to global integration. Economic transitions are complex to manage but hold great promise, as they can dramatically boost growth, create jobs, and…
I sat down with David Armitage President & CEO of Velocity Solutions, where we discussed his career choices and path that got him to launch Velocity in 1996 and the challenges and opportunities, he see’s with the whole Covid-19 economic impact. In particular, the increasing importance places on data breach risk and cyber security. Being a stout and proud Canadian, we also touched upon Canada trade relations with the rest of APAC in the wake of recent trade tensions with…
Every month leaders from across the world visit Horasis Insights in search of inspiration and solutions. Together PBEC & Horasis explores, defines, and implements trajectories of sustainable growth. By Richard Hames, Founder and Chairman, Centre for the Future, Australia May 29, 2020 Even when the apparatus exists, novelty ordinarily emerges only for the man who, knowing with precision what he should expect, is able to recognize that something has gone wrong — Thomas S. Kuhn COVID-19 madness is generating a…
Click here to download the full report Outbreaks of Coronavirus disease 2019 (Covid-19) are upending life around the world. As of the writing of this report, official data registers some three million confirmed infected and over 200,000 killed. Barring a cure or wide-scale implementation of better mitigation policies, unfortunately those numbers are set to leap higher, massively straining healthcare systems, markets, and societies. The first pandemic ever caused by a coronavirus, much (though thankfully, not all) the world has been…
Robert Koepp is the founder and principal of Los Angeles based Geoeconomix, an independent source for insights into the economics moving global markets, driving technology, and influencing government power. Web: https://www.geoeconomix.com/ An internationally active commentator, writer, and media producer, Rob founded Geoeconomix following years of global experience in analysis and thought leadership in the fields of economics, finance, business strategy, and public policy. In addition to his work at Geoeconomix, he serves on the Advisory Board for the Hong Kong-based…
The content has been prepared by Michael Kokalari VinaCapital Chief Economist and presented by Vina Capital’s Founding Partner & PBEC Member Don Lam. Vina Capital are happy for us to share this with PBEC the attached presentation and video clip as a latest Vietnam market outlook in a Post Covid-19 world exclusively for their clients and PBEC members. Click here to download the presentation in PDF format