Chair of B20 Indonesia Digitalization Task Force Ririek Adriansyah presented the strategic and objective issues that the Digitalization Task Force aims to achieve. “The essence of our work as Indonesia’s B20 Digitalization Task Force is to ensure that digitalization could drive future growth while bridging the digital divide, which eventually leads to an inclusive digital transformation,” said Ririek, who is also the President Director of PT Telkom Indonesia (Persero) Tbk (Telkom). Ririek presented the four recommendations that the Digitalization Task…
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Dear PBEC Members, This is to inform you that Dr. Alan Bollard has been appointed as the new Chair for NZPECC and Dr. Robert Scollay as Vice Chair for NZPECC. PBEC as a Standing Committee Board member of PECC welcomes both Dr. Alan Bollard & Dr. Robert Scollay and thanks Mr. Brian Lynch for his service and immense contributions. Bio for Dr. Alan Bollard Currently, Dr. Bollard is the Chair of the Infrastructure Commission, Chair of the cross-university Centres for…
WTO members successfully concluded the 12th Ministerial Conference (MC12) in Geneva on 17 June, securing multilaterally negotiated outcomes on a series of key trade initiatives. The “Geneva Package” confirms the historical importance of the multilateral trading system and underlines the important role of the WTO in addressing the world’s most pressing issues, especially at a time when global solutions are critical. The package adopted by members include: a package on WTO response to emergencies, comprising: a Ministerial Declaration on the…
Net zero-themed Summit to convene 300 global and Indonesian business leaders and investors on November 12, 2022 New York, May, 2022 – BloombergNEF (BNEF) will host a special one-off BloombergNEF Summit Bali on November 12, 2022 ahead of the Business 20 (B20) and G20 Summits taking place in Bali, Indonesia, in the days that follow. The Business 20 (B20) is the official G20 dialogue forum with the global business community. The net zero-themed Summit will bring together 300 global and…
Chair of the 2022 APEC Ministers Responsible for Trade Meeting Bangkok, Thailand | 23 May 2022 Through a statement, Thailand Deputy Prime Minister and Commerce Minister Jurin Laksanawit, shared with APEC Trade Ministers and member economies his assessment of the prevailing views of all APEC member economies and the way forward for the forum to advance sustainable and inclusive growth. As the Chair of the 2022 APEC Ministers Responsible for Trade Meeting, Deputy Prime Minister Jurin’s statement addresses the three main priorities of APEC…
The missing link in Advancing the Aviation Mobility Sector – how Skyportz is seeking to address it. Interview by PBEC Renee Pan Advanced Air Mobility has been one of the most active sectors throughout Covid-19 in terms of advancement in designs and the about of R&D taking place globally as OEM’s of these electric hybrid verticals take-off and landing vehicles seek to obtain full certification from regulators to commence operations. However, one piece of the puzzle has been so far…
in International Shipping News Leading chief economists have warned of a “substantial restructuring” of supply chains over the next three years, with both diversification and localisation expected. “Global supply chains have been increasingly redrawn over the past years, including through Brexit, the deep impact of the global pandemic, and the fallout and uncertainty from the war in Ukraine,” the World Economic Forum’s Chief Economists Outlook said. “Amid fears of continued shocks, both governments and business are rethinking their approach to exposure,…
‘We’re writing the new rules,’ Biden says, but Taiwan not included U.S. President Joe Biden, Japanese Prime Minister Fumio Kishida and Indian Prime Minister Narendra Modi participate in the Indo-Pacific Economic Framework launch event at the Izumi Garden Gallery in Tokyo on May 23. © AP KENTARO IWAMOTO, Nikkei staff writerMay 23, 2022 16:17 JSTUpdated on May 23, 2022 18:04 JST TOKYO — The U.S. government has announced that its new economic grouping for the Indo-Pacific will begin with 13 inaugural…
In announcing subsidies, tax cuts and other measures to lessen the impact of global price shocks on consumers and foster growth, Asia-Pacific economies could see fiscal deficits increase through 2022. – April 2022. Priyanka Kishore Head of India and South East Asia, Macro and Investor Services at Oxford Economics Makoto Tsuchiya Assistant Economist at Oxford Economics Coal mining in South Kalimantan, Indonesia. Photo by Dominik Vanyi on Unsplash. After fiscal deficits widened substantially in 2020, most Asian economies resorted to…
April 21, 2022 Business group says unclear rules pose challenges to companies Xi Jinping’s government rolling out a host of major data laws China’s “uniquely restrictive” data laws risk boosting U.S. firms’ cost of doing business in the No. 2 economy and could lead to digital decoupling, a new report from an American business group warns. The government’s curbs on data movement across borders, ambiguous regulation and inconsistent enforcement “are particularly challenging for multinational firms,” according to the US-China Business…