News

: Vietnam and Thailand lead trade growth as Asia resists economic downturn – Feb 2024

We have seen some encouraging end of 2023 results coming through these past week from Asian economies like Vietnam, Philippines and South Korea in particular export data, but whilst there is optimism for 2024 amongst economists for certain ASEAN economies including Thailand, Indonesia, Malaysia & India. It can’t hide the fact overall there is still alot of risks around and a real lack of support for SME’s still suffering to adapt to the lack of demand and price sensitive consumers….

: Mutual 30-Day Visa-Exemption Arrangement Between Singapore and The People’s Republic Of China – Feb 2024

30 days Visa Free travel reciprocated between Singapore and China. 🇨🇳 On January 25, representatives of the Government of the People’s Republic of China and the Government of the Republic of Singapore signed the Agreement between the Government of the People’s Republic of China and the Government of the Republic of Singapore on Mutual Visa Exemption for Ordinary Passport Holders in Beijing. The agreement entered into force on February 9, 2024 (Lunar New Year’s Eve). Read More: https://www.ica.gov.sg/news-and-publications/newsroom/media-release/mutual-30-day-visa-exemption-arrangement-between-singapore-and-the-people-s-republic-of-china

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: PBEC leadership roundtable held in Hong Kong – Jan 2024

The Pacific Basin Economic Council International Secretariat held a roundtable dialogue luncheon at the Beefbar in Central in January 2024 for Hong Kong based Board of Directors and their representatives. 12 members enjoyed an excellent 3 course meal and shared their latest insights on regional and domestic economic and geopolitical concerns and areas for PBEC to be focused on in 2024. Chairman Andrew Weir MBE JP welcomed former Emeritus PBEC Chairman Dr. Wilfred Wong GBS JP and fellow board members…

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: PBEC supports the Global Chinese Economic & Technology Summit – Nov 2023

PBEC CEO Michael Walsh attended and spoke at the recent 2023 Global Chinese Economic & Technology Summit hosted by strategic partner KSI – Strategic Institute for Asia Pacific held on 6-7th November 2023. Senior Government officials and dignitaries were in attendance at the welcoming VIP Gala Dinner and Opening ceremony. Chief Minister of Sabah, Yang Di-Pertua Negeri of the State of Penang spoke on the importance of the Malaysia/China trade relations and encouraged more investment flows in both directions now…

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: PBEC BoD Anson Bailey moderated a fireside chat with PUMA at GS1 HK Summit – Nov 2023

GS1 HK Summit 2023 brought together Government Officials, Legislative Council members, industry experts, and business leaders to explore Digitalisation & Sustainability for Future Business on 14th November 2023 at HKCEC. The annual industry event commenced with Mr. Lam Sai-hung, Secretary for Transport and Logistics as the Guest of Honour. The Hon Jeffrey Lam, Member of Executive Council & Legislative Council, The Hon Frankie Yick, Member of Legislative Council, The Hon Peter Shiu, Member of the 14th CPPCC National Committee & Legislative…

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: APEC Leaders Golden Gate Declaration-Nov 2023

Creating a Resilient and Sustainable Future for All We, the Economic Leaders of APEC, met in San Francisco, California, on November 16-17, 2023. Three decades after the United States hosted the first APEC Economic Leaders’ Meeting on Blake Island near Seattle in 1993, it is clear our steady commitment to APEC’s mission has helped our region become a vanguard of global growth. Here in San Francisco, we emphasized that effective policies require, above all, responsiveness to all our people and…

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: Peru receives 2024 APEC Presidency – Nov 2023

The President of the Republic Dina Boluarte on Friday 17th Nov 2023, received the Pro-Tempore Presidency of the Asia-Pacific Economic Cooperation (APEC) forum for 2024 from United States President, Joe Biden. The handover took place in a ceremony led by the U.S. Head of State, who underscored some issues addressed during this year’s summit, such as the participation of women in the economic sector and the use of technological advances. In turn, Mrs. Boluarte invited the 21 APEC member economies…

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: Ron Hoffman- A former Canadian Diplomat joins as a strategic advisor to the PBEC board – Oct 2023

We are delighted to announce that Ron Hoffmann of SixRing Inc. a leader in the renewable #albertaenergy sector has agreed to rejoin PBEC – Pacific Basin Economic Council as a strategic advisor to the board on all matters regarding #canada and #northamerica – It’s a voluntary role at the non-profit. Ron is a recognized and highly respected figure amongst his peers within both industry and government circles on both sides of the Pacific. His passion for progressing and advocating cross-border…

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: China Retail Sales Surge In October But Economy Remains Sluggish

Chinese retail sales grew in October at the fastest rate in five months, data showed Wednesday, boosted by an extended holiday at the start of the month, though other indicators pointed to still-sluggish demand in the world’s number-two economy. The country slipped back into deflation last month, while exports continued to fall, highlighting the challenge for officials grappling with weak domestic consumption and a faltering recovery since Beijing abolished strict zero-Covid curbs in late 2022. Read More HERE: https://www.ibtimes.com/china-retail-sales-surge-october-economy-remains-sluggish-3718551