Member Updates

Element-AI

: Element AI sign MOU with Union Bank of the Philippines

Element AI, a global developer of artificial intelligence-powered (AI) solutions and software, announced a collaborative relationship through the signing of a Memorandum of Understanding (MOU) with Union Bank of the Philippines (UnionBank). The Montreal-based company will be contributing to the development of a governance framework for the responsible adoption of AI as UnionBank looks to develop trusted and fair AI solutions for its customers. We wish PBEC member Miguel Aboitiz well with this digital initiative for a further enhanced customer banking experience….

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: Ritesh Kumar Singh joins PBEC

Ritesh Singh is a Business Economist with specialization in Investment and Trade Policy. He possesses in-depth knowledge of the following;  India’s Macroeconomic Problems & Policies, India’s Regulatory Regime including Sectoral Investment & Trade Policy Issues, India’s Rights & Obligations arising out of its bilateral/regional (PTAs/RTAs) and multilateral trade pacts (WTO), India’s Geo-economical Equations, Chinese Trade Regulations & WTO Accession Protocol. Ritesh has kindly agreed to join PBEC as its Indian economic advisor, to provide our members with periodic updates and…

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: Sergio Luna, Director Estudios Económicos | Citibanamex joins PBEC

Sergio Luna is Citi Bank Mexico City Chief Economist – he has been involved with APEC throughout the years. Sergio worked closely with APEC as their Mexico economic forecaster. It is a body that he sees becoming vitally important again for Asia Pacific economies especially Mexico in a Post Covid-19 world, especially in relation to new trade relations and its future economic development.

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: Jeffrey Fish, Co-Founder and Co-CEO at Chatly joins PBEC

We welcome Jeff Fish who is the Co-Founder and Co-CEO at Chatly. A social media technology company helping brands around the world to reach and engage with their followers and customers on WeChat. Jeff is originally from New York and manages the Company from its HQ. With offices in New York, Shanghai, Hong Kong, Guangzhou and Chennai, India, he leads their go to market team and helps their customers implement digital transformation strategy leveraging WeChat. Jeff has worked with a…

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: Chairman Dr. Moses Cheng of the Hong Kong Insurance Authority (IA) Interview

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?…

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: Robert Koepp, founder & principal of Geoeconomix joins PBEC

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…

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: PBEC Vietnam Corporate Member: VinaCapital Vietnam Opportunity (VOF) Commentary: Michael Kokalari, Chief Economist

‘There are a few reasons to believe that the impact of Covid-19 on Vietnam’s economic growth in 2020 will be worse than most expect, due to its impact on the country’s tourism sector, and on its manufacturing sector,’ Kokalari said. He pointed out the sectors accounted for roughly 12% and 20% of Vietnam’s GDP respectively and around two fifths of Vietnam’s manufacturing inputs come from China, resulting in heavy disruption. ‘That said, Covid-19 (like the trade war) will ultimately be…

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: PBEC Malaysia Corporate Member: MacroKiosk

Whilst this article is a few months old from PBEC Malaysia Corp Member Macrokiosk, I had the pleasure of sitting down with Datuk Henry Goh Executive Chairman of MacroKiosk in Malaysia last month on the side-lines of the Top Glove hosted PBEC Malaysia roundtable meeting on March 16th 2020. Whilst the lockdown was literally just coming into affect in Malaysia at that time, he was feeling quite bullish on achieving and perhaps exceeding their companies 2020 revenue forecasts. With large…