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...
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JOINT PRESS RELEASE ON THE ACCESSION OF THE REPUBLIC OF KOREA TO THE DIGITAL ECONOMY PARTNERSHIP AGREEMENT -8th June 2023
Ministers of Chile, New Zealand, and Singapore, Parties of the Digital Economy Partnership Agreement (DEPA), and the Republic of Korea (ROK) met on the sidelines of the OECD Ministerial Council Meeting in Paris, France, on 8 June 2023. The Ministers...
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ADB Announces IF-CAP, New Program to Accelerate Billions in Climate Change Financing
INCHEON, REPUBLIC OF KOREA (2 May 2023) — PBEC’s longest strategic partner, The Asian Development Bank (ADB) today announced the Innovative Finance Facility for Climate in Asia and the Pacific (IF-CAP), a landmark program which could significantly ramp up support...
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New Path on Inclusion, Resilience, and Sustainability announced by APEC Business Leaders at ABAC II meeting in Brunei
Brunei, Bandar Seri Begawan, 30 April 2023 - APEC Business Advisory Council (ABAC) members this week urged APEC Trade Ministers to leverage the challenges facing the region, including environmental risks, financial stress and the cost-of-living crisis, as opportunities to firmly...
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PBEC Delegation to the Philippines – A Resounding Success!!
Dear PBEC Community, I am pleased to share my initial reaction and thoughts to our wonderful PBEC delegation trip to the Philippines on 19-20th April 2023 in Manila held at New World Makati Hotel, and our subsequent economic estate official visit to...
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Asia-Pacific business leaders call for action on climate and economic inclusion – from ABAC I Meeting Auckland NZ
APEC NEWS RELEASE Issued by The APEC Business Advisory Council (ABAC) Auckland, 14 February 2023 – Members of the APEC Business Advisory Council (ABAC) met in Auckland, New Zealand this week to develop a work plan that calls on policymakers to...
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Suzuran Medical Inc. (Japan) joins PBEC as Corporate Member – Feb 2023
Suzuran Medical Inc. started the manufacture and sale of cotton bedding over 180 years a go, the company has always dealt with cotton. Using this natural fiber as a base, Suzuran are pushing forward with research into cotton to help...
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SUSTAINABLE TRADE- The rising role of services in global trade – Feb 2023
Author: Patrick Low Senior Fellow – Asia Global Institute It has become fashionable to argue that globalization is in decline. The picture is more nuanced, however. While trade in manufactures as a proportion of overall economic activity appears to have...
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2023 APEC Theme and Priorities – Feb 2023
Under the theme “Creating a Resilient and Sustainable Future for All,” USA Chairing APEC2023 plan to build a more interconnected, innovative, and inclusive APEC region. Through its APEC 2023 host year, the USA seek to further U.S. economic engagement with...
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PBEC CEO visits Vietnam and sits down with local members, first time in 3 years – Feb 2023
PBEC CEO Michael Walsh took the opportunity to visit some of the PBEC members in HCMC and Hanoi on his recent trip to Vietnam over the Chinese & Tet New Year 2023. “I had the chance to sit down with...
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2022 IN REVIEW A YEAR OF RECONNECTING HUMAN INTERACTION
As I write this end of year briefing, I am harshly reminded we still have covid to contend with after 3 years of the pandemic, as unfortunately I am in mandatory isolation in my apartment listed as a close contact,...
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