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PBEC News

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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Indonesia’s B20 Task-Force Pushes Forward Priority Issues At Inception Meeting

Jakarta, February, 2022 The Indonesian B20 Task Force has held the first meeting in the series of B20 Indonesia Presidency 2022, where a number of crucial issues such as eliminating digital inequality, sharing green economy financing, and fighting global cybercrime...
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“We will not sit and wait idly while the planet burns”

We speak with the Philippines’ secretary of finance about the importance of sustainable finance and some long-term lessons from the pandemic An interview with: Carlos G Dominguez III Finance Secretary of the Philippines Heavy monsoon rain linked to Typhoon In-fa...
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The Philippines’ fiscal response to COVID-19

We speak with the Philippines’ secretary of finance about how the country withstood the impacts of the pandemic and continues to remain competitive An interview with: Carlos G Dominguez III Finance Secretary of the Philippines Carlos G Dominguez III, the...
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Episode 10: What Aboitiz in the Philippines? – A dialogue with Luis Miguel Aboitiz, Director of Aboitiz Power Corp (Stock Code: ABZPY)

  Description: This month we catch up with PBEC Board Member Luis Miguel Aboitiz who previously served as a Director of Unionbank and as Executive Vice President – Chief Strategy Officer of Aboitiz Group, before his retirement on April 30,...
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Omicron Threatens to Derail Cambodia’s ASEAN Agenda

Zoom conferencing won’t work if the Southeast Asian bloc is to tackle the big issues by Luke Hunt The rapid spread of the Omicron variant of COVID-19 across Southeast Asia is threatening to derail Cambodia’s ambitious agenda as this year’s...
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IFC, LeapFrog Investments and DEG Invest in Vietnam’s HDBank to Help Accelerate Economic Recovery, Expand Lending to Smaller Businesses, and Boost Resiliency of the Banking Sector

Investment will increase access to credit, with specific focus on women entrepreneurs As Vietnam accelerates economic recovery amid COVID-19, IFC, LeapFrog Investments, and DEG - Deutsche Investitions- und Entwicklungsgesellschaft have invested $165 million in convertible Tier 2 bonds issued by...
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Now is the time to think big on customs reform

“Customs has a key role in making trade seamless, safe and secure,” stated WTO Deputy Director-General Anabel González at a 20 January hearing of the European Union’s Wise Persons Group on Challenges Facing the Customs Union. DDG González observed that...
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Here’s why experts say the crypto market will be just fine despite a possible Russian ban on everything from mining to trading

When the central bank of Russia proposed a sweeping ban Thursday on crypto activity, digital assets barely skipped a beat. Bitcoin even rose around 5% at one point during New York trading hours. "There are bigger concerns right now in...
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G20 presidency kicks into high gear

THE nation kicks its presidency of the Group of 20 (G20) into high gear this month with a flurry of activities and events, including forums for CEOs of companies from member countries where they will discuss issues from sustainable development...
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APEC session to focus on Carbon Credits & Carbon Tax

The carbon tax and carbon credit markets will be major topics of discussion at the finance ministers' meeting at the Asia-Pacific Economic Cooperation (Apec) summit in Thailand this year, says Fiscal Policy Office adviser Warotai Kosolpisitkul. The Apec finance ministers'...
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