Korea is hosting APEC for the first time in 20 years, focusing on innovation, digitalization and sustainability -Jan 2025
In 2024, APEC embarked on a journey to Peru under the theme of “Empower, Include, Grow”. Under this theme, we shared ideas on inclusive and interconnected growth, digitalization and innovation to promote formal and global economy, and sustainable growth for resilient...
Read More
China’s pitch to foreign investors falls flat as incentives dwindle – July 2023
China is struggling to revive foreign investment in its financially battered cities and provinces as foreign firms remain wary of political risks and new incentives fall far short of sweeteners once used to attract overseas money. With their coffers depleted...
Read More
Why Singapore’s ecosystem for technology startups is among the best -July 2023
The city-state offers a good case example for other Southeast Asian countries vying to become tech and innovation hubs By Nitin Pangarkar Academic Director and Associate Professor at National University of Singapore Paul Vandenberg Senior Economist at the Asian Development...
Read More
Global supply chains need fixing: Help is on the way – July 2023
Facing global supply chain challenges, the Indo-Pacific Economic Framework promotes economic cooperation among 14 economies, strengthening supply chain resilience, fostering innovation, and driving growth By: Cyn-Young Park- Director for Regional Cooperation and Integration, Economic Research and Regional Cooperation Department at...
Read More
APEC Photo Contest 2023 – NOW Open for submissions – July 2023
Now in its 12th year, the APEC Photo Contest showcases inspirational photos from around the region with a creative take on APEC host priorities. The annual photo contest celebrates the resilience and adaptability of the 21 APEC member economies. Share...
Read More
PBEC Patron Member BitMEX former CEO Arthur Hayes Explains How AI Could Drive Bitcoin Price to $760,000 – July 2023
Yes you heard that right. My hope is that artificial intelligence (AI) and robotics will be used primarily to eliminate the tedious, bullshit work in which most of humanity currently toils, so that more and more people can pursue their...
Read More
RCEP boosts trade cooperation among China, Japan and South Korea – July 2023
Since RCEP came into effect in China and Japan in January and South Korea in February of 2022, it became the first free trade agreement that fully includes all three economies of China, Japan and South Korea. The trade deal...
Read More
APEC Steps Up Environmental Services Efforts and Marine Debris Clean-Up – 5 Jul 2023
APEC released a set of guidelines to further the forum’s work on environmental services and marine debris management. The guidelines encourage member economies to facilitate services that support the clean-up of marine debris from beaches, rivers, coastal areas, and the...
Read More
PBEC announces its official support to the Aiming For Zero Initiative
The Pacific Basin Economic Council (PBEC) is the pleased to announce its wholehearted support for the OGCI-incubated Aiming for Zero Methane Emissions Initiative, which aims to eliminate methane emissions from signatories’ operations by 2030. The Aiming for Zero Methane Emissions...
Read More
PBEC held a successful and well attended AGM 2023 – 20TH June 2023.
PBEC held its AGM 2023 in a hybrid live format, with approved attendees able to either join in person in Hong Kong at KPMG Boardroom in Princes Building or via online on zoom. It was one of our most attended...
Read More
PBEC Announces Two Newly Elected Board of Directors at its AGM 2023 – June 20th 2023.
PBEC welcomes both Peter Burnett OBE, BBS Managing Director of Standard Chartered Bank Hong Kong Limited and Mary Simpson Director of International Member Engagement at ICAEW to its board of directors. Both were formally elected by majority vote at the...
Read More