APEC economies have developed a strong foundation to deal with the COVID-19 crisis, but more needs to be done to enhance their resiliency in global value chains, according to a recent policy brief by the APEC Policy Support Unit. The policy brief, titled Managing Risks in Global Value Chains, analyzes the ability of the APEC region and its peer international groupings to respond to disruptions and to quickly return to normal operations. Using a value chain strength index, the policy brief…
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In this latest PBEC zoom interview, Avealto founders Walt Anderson and David Chambers discuss High Altitude Platform (HAPs), and share Avealto Insights and development updates with PBEC Moderator Renee Pan. Catering to our Chinese speaking audience as well with some dual translation available. WALT ANDERSON, FOUNDER & CEO AVEALTO UK 25+ years of experience in creating fast growing successful organizations. A serial entrepreneur who has generated US$2.1 billion in shareholder value over his career. Founder of Esprit Telecom PLC, the…
Issued by the Minister Policy Dialogue on Food Security Agriculture and food ministers and senior representatives from APEC’s 21 member economies pressed for stronger cooperation and open and predictable trade regimes to ensure global food systems remain accessible, innovative, reliable, resilient, accessible and sustainable. “It is of utmost importance for APEC members to work together to enable the flow of essential goods, including agriculture and food products, across borders and to enhance our collective resilience to food supply disruptions,” said Datuk…
Chinese Taipei has contributed USD 1.5 million in funding to support APEC’s economic and technical cooperation initiatives, particularly members’ capacity building needs and to promote regional economic integration and inclusive and sustainable growth by doubling its contribution of USD 750,000 in 2019. The contribution was confirmed in a Memorandum of Understanding signed virtually by Bob Loong-jin Chen, Chinese Taipei’s APEC Senior Official, and Dr Rebecca Sta Maria, Executive Director of the APEC Secretariat, a week before the start of the 2020…
Ben has worked in Asia and the Middle East for 20 years developing data-rich strategies and tapping specialist networks to help clients track the region’s fast changing markets. Mandarin and Arabic speaker. Leading expert on the region’s emerging commercial opportunities. He previously worked as chief China economist at RBS and senior China economist at JPMorgan based in Hong Kong. Started career in Beirut in the 1990s as a management consultant. Later joined Dun & Bradstreet based in London as the…
The October updates in Mainland China are described below: – Tax data shows a rapid rebound in service consumption during the National Day holiday – China sets up national fintech certification center in Chongqing – Announcement of the General Administration of Customs on Promulgation of the Decision on Commodity Classification for 2020 – Facilitation Measures Regarding the Renewal and Reissuance of Hong Kong and Macao Residents Entry and Exit Permits – Notice on Issuance of the Implementation Measures on the…
It’s widely accepted that in order to position your product appropriately in a crowded, populated and noisy market like China, you need to carve out a “Deep Niche”. The narrower and deeper the niche, the better. And with such a large population available, and such vast diversity between the age groups in terms of consumer behaviour, disposable income and spending patterns, you can expect your niche to be more than large enough to sustain your whole China business (assuming you…
Download the full survey in PDF format here Singapore, 8 October 2020: The EU-ASEAN Business Council, the primary business body for European businesses in ASEAN, today published its 6th Business Sentiment Survey. Key highlights of this year’s survey include: • 53% of respondents see ASEAN as the region with the best economic opportunity (2019– 63%). • 47% of respondents are considering reorganising supply chains post-COVID-19, with ASEAN, Europe and China as the top destinations • 73% of respondents expect to…
PBEC is a proud partner organization of the B20 and supports the important dialogue and consensus recommendations reached between Business Leaders and Government Leaders that progresses the agenda for the betterment of the World’s citizens. https://www.b20saudiarabia.org.sa/wp-content/uploads/2020/07/B20-Special-Report_POST-COVID-19-_Final_Cit_compressed.pdf
Harnessing the Benefits of Sustainable Ocean Economies for Developing Countries Adopting more sustainable ways of managing the ocean is a global priority: protecting its health will bring benefits to all. Developing countries face specific challenges, as many depend heavily on ocean-based industries and are overly exposed to the consequences of ocean degradation. Enhancing their access to science, policy advice and financing would allow them to tap better into the opportunities of a more sustainable ocean economy, including more decent jobs,…