Member Updates – Featured

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: PBEC’s Patron Member KPMG commit to $2 billion AI investment partnership with Microsoft – July 2023

KPMG will invest at least $2 billion over the next five years with Microsoft to co-develop cloud and generative AI tools, the companies announced Tuesday. Why it matters: Rival consulting giants like PwC and Accenture also have made large-scale commitments toward AI-powered changes. Details: All of KPMG’s businesses — audit, tax and advisory — will be impacted by the products that will be developed through this expanded partnership, KPMG U.S. chair and CEO Paul Knopp tells Axios. KPMG and Microsoft…

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: PBEC’s Corporate Member FEC Group – Wins Three Honours at the HKIRA 9th Investor Relations Awards – July 2023

Far East Consortium International Limited (“FEC” or the “Group”) is delighted to announce that the Group has won three honours at the HKIRA 9th Investor Relations Awards 2023 (“Awards”) hosted by the Hong Kong Investor Relations Association (“HKIRA”), including “Best IR Company”, “Best Investor Meeting” and “Best Annual Report”. The results were announced at the Awards Presentation Ceremony held in Hong Kong on 28 June 2023. FEC has won the “Best IR Company” award for the eighth consecutive year. Furthermore,…