News
News

Jointly organised by the Government of the Hong Kong Special Administrative Region and the Hong Kong Trade Development Council, the Belt and Road Summit has been bringing together senior government officials and influential business leaders from markets along and beyond the Belt and Road to exchange insights on multilateral collaboration and create concrete business opportunities since its inception in 2016. Belt and Road Summit leaflet Registration Guide_Pacific Basin Economic Council Programme Highlights Policy Dialogue The policy landscapes and direction on…

I am delighted to announce that Ms. Anna Lin, JP, FCILT Chief Executive of GS1 Hong Kong has been appointed our latest a PBEC – Pacific Basin Economic Council Board of Director. Her appointment is effective immediately and I very much look forward to welcoming Anna and her esteemed senior colleagues to the PBEC family. At the board we encourage all our members to actively participate in the strong advocacy and engagement work we conduct regionally across APAC, with stakeholders,…

Dear PBEC Members, You are cordially invited to attend a High Level Political Forum Side event organised by the UNESCAP Energy Division. Event Name: Invitation to the HLPF Side Event 2021 “Recovering Better from COVID-19 in the Asia-Pacific Region”, When: Virtually live on the 15 July 2021, 18:30 – 20:00 (BKK time) 19:30 -21:00 (HK time) 1230 -1400 (UK time) Event Organiser: UNESCAP Energy Division Sponsored by: Fiji, Pakistan and Philippines Governments. Hosted: UNESCAP Secretariat Bangkok, Thailand   PBEC members…

  The Pacific Basin Economic Council an NGO Think Tank established since 1967, consistently advocates for sustainable economic development that facilitates open trade across borders as the ‘Voice of Business’ within the APAC region. PBEC is a recognised & respected connectivity platform for APEC & ASEAN business leaders to participate and engage with one another. We host, co-organise and lend our support to meaningful partner events, that promise to provide relevant market insights & the latest opportunities for its members…

It will be the first annual space event in the UK (Farnborough) focused on the commercial future of space. Space-Comm Expo has gathered over 80 exhibitors, and 45 speakers to deliver two days of business opportunities, and are supported by UK Space Agency, UK Space, and the European Space Agency. Leading companies such as Airbus, BAE, Northrup Gramman, Lockheed Martin, Inmarsat and many others will be exhibiting on the exhibition floor. Link to event website:  https://www.space-comm.co.uk/ Link to visitor registration: …

            Wellington, New Zealand, 25 June 2021 Issued by the APEC Finance Ministers’ Process Finance ministers and business leaders from the 21 APEC member economies convened virtually on Friday 25th June 2021 to discuss the ongoing responses for businesses, especially micro, small and medium enterprises, during the pandemic, as well as the policies economies can focus on to help businesses recover. New Zealand Minister of Finance and Deputy Prime Minister Grant Robertson hosted the Informal…

US-PECC would like to invite Pacific Basin Economic Council Members to its annual Policy Forum event. This year’s theme is Strengthening Trade and Economic Ties in the Indo-Pacific. In recent years, leading economies in the Indo-Pacific concluded two major plurilateral trade agreements that exclude the United States. The Biden administration has expressed a desire to reverse this trend by re-engaging with multilateral institutions and bolstering economic engagement in this critical region. However, the domestic political environment makes neither U.S. accession…

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11 May: Notice of The Pacific Basin Economic Council  AGM 2021

Title: Notice of The Pacific Basin Economic Council  AGM 2020 When: Tue 29th June 2021 at 1600L to 1730L (Beijing, HK time) Where: KPMG Board Room, 8th Floor Princes Building, Central, HK. We are planning a hybrid hosted event. A small group gathering locally (subj to regulations) and virtually accessible over zoom for all overseas members. This is your  Notice of Meeting for the 2020 Annual General Meeting scheduled to be held in Hong Kong on Tuesday, 24th June 2021…

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08 May: The 10th China Business Forum

The Future is Everywhere – Adapt and Achieve The 10th China Business Forum held by the London Business School Date: Sat 15th & Sun 16th May 2021 – Virtual Forum Forum Timing over the two days: BST 9:00 – 15:00  / Beijing Time: 16:00 – 22:00  Event Description: The London Business School students running this year’s ‘China Business Forum’ are once again providing the platform to share their own unique response to world events that have been influencing the global…

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Company overview A Hong Kong based wine importer and exporter. Grand Glory was established in July 2019 and specializes in French wines. It has a service-oriented concept, “Click & Pay, whilst we deliver”. It aims to provide its customers with the most favourable choice, availability and fast checkout and delivery coupled with the most customer friendly and convenient service. What we list on our website is what we have in stock. Free shipping with the purchase of 4 bottles or…

By David H. Brown of Imperial College Business School David Brown is the Director of Executive Education at Imperial College Business School. It is a role that he has held since 2018, helping to pioneer innovative programmes for organisations and individuals around the globe. But David’s journey in education and training began much earlier, as a teenager working for his father’s business in his native Birmingham, England. It was here that he discovered the true value of leadership development. The…

About us: As part of Imperial College London, a global leader in science and technology, we drive global business and social transformation through the fusion of business, technology and an entrepreneurial mindset. We combine innovative thinking and insight with new technology to develop solutions to real world issues, benefiting business and improving society. Our world-leading researchers pioneer practical solutions and their research excellence informs our postgraduate and Executive Education programmes. Our thought leadership is sought by governments, policy-makers and global business leaders, who often partner with us on research projects. We attract…

                An employer solution for trade leadership development To succeed in our complex, fast-changing global trade environment, companies need to attract and retain the best leadership talent with 21st-century skill. The Master of Global Trade was developed by employers, for employers, in collaboration with the Hinrich Foundation and RMIT University to help your business grow sustainably. The Master of Global Trade is a blended learning program designed so your rising stars can work full…

In so many ways, the world has been turned upside down and inside out by the Covid-19 pandemic. In the world of investment migration, demand has never been stronger for residence and citizenship alternatives around the world, with even more of the world’s wealthy assembling an assortment of options. Having for many years been located in Singapore, Dominic Volek moved to Dubai in late 2020, where the time zone is ideal to fulfil his current roles as a member of…

Sands China Ltd has announced a discretionary allowance for more than 26,000 eligible full-time team members, completing the set of all six Macau concessionaires to have confirmed employee bonuses. The discretionary allowance, to be paid on 8 February, will be equivalent to one month’s salary capped at MOP$45,000 which the company says is in gratitude of team members’ dedication and contributions in 2020. The discretionary allowance will benefit 99% of Sands China employees, it added. “First of all, our special…

Vision
Vision
The Pacific Basin Economic Council believes that through cooperation and the exchange of ideas, the private sector can work with governments to promote significant growth and prosperity in Asia Pacific.
Events
Events

Download the JanaJal_presentation here We had an opportunity to sit down with Founder & CEO Dr. Parag Agarwal from JanaJal. JANAJAL WOW has recently been selected by the Govt of India for implementation of $50 Billion drinking water scheme by 2024. JanaJal envisions building India’s first water-sharing economy and the largest decentralized water distribution network through the installation and operation of water ATMs. The company is working to make safe drinking water available, accessible, and affordable to the common man…

You tube link: https://youtu.be/XPNU_eSorGg PBEC hosted CCB Malaysia Senior Vice President Chong Fook Jade who shared and described CCB Bank’s Smart Matchmaking Digital Trade Platform that was launched a year ago during the pandemic. CCB Match Plus is a smart matchmaking platform safely connecting businesses that cannot trade easily in today’s disrupted markets. As one of the largest banks in China, CCB has assets of more than RMB27 trillion, ranking second in the world in terms of market capitalization. CCB…

Topic: ‘A Catalyst for Change – A PBEC & ESBN Dialogue on the Future of Sustainable Finance’ When: Wed 24 March 2021 0800-0930L (BKK Local Time) Where: Zoom Virtual Webinar Meeting Watch the event recording here on Youtube:   Listen to the event recording here on Soundcloud PBEC.org · A Catalyst for Change – A PBEC Dialogue on the Future of Sustainable Finance   “To meet the UN’s Sustainable Development Goals by the target year of 2030, ESCAP estimates that…

Expert Speakers: Dr. Moses Cheng  GBM, GBS, OBE, JP, Chairman of the Hong Kong Insurance Authority Peter J. Crewe Former CEO of AIA Hong Kong and Macao & Senior Advisor/Non-Executive to the AIA Group. Moderator: Michael Walsh PBEC – Pacific Basin Economic Council CEO Recorded in late December 2020 exclusively for PBEC.    Watch the webinar here Michael Walsh PBEC CEO opens with a brief introduction of PBEC, both men’s backgrounds and roles in their respective expert fields. We…

PBEC in conjunction with PBEC Corporate members Cyberport HK & CMGE (HKG:0302) lent its support to fellow NGO www.APRU.org who helped organise and host an E-Sports Asia related “MetaGame Conference” on Day 2 at DELF2020 on December 12th. Questions like: What role does Hong Kong Esports play in the regional and international Esports ecosystem? What are the ways that government, higher-education, and industry cultivate a thriving Esports ecosystem? Were posed to array of regional and global experts, investors and players. Mr…

PBEC hosted business leaders and economists from Hong Kong & Malaysia for the final episode of PBEC dialogue series 2020 in December on the “Future of Supply Chains in Asia”. This concluded a series of dialogues around the subject of supply chains in the APAC region. In this episode we get to hear from Anson Bailey of KPMG who provides a wonderful presentation on the Future of Sourcing: 2021 and Beyond. A report recently published by KPMG China in conjunction…

A Keynote presentation by GuardTime Advisory Board Member David Piesse exclusively for Pacific Basin Economic Council. Pre-recorded on 03/12/2020 This presentation to PBEC forms part of our Dialogue Series on “The Future of Supply Chains in Asia” and it covers the following topics in a fascinating talk: ● Megatrends reshaping Supply Chains ● Operational Resilience ● Challenges facing physical Supply Chains ● Digital and Physical Twins in Blockchain ● Trust but Verify Significance ● Data Integrity – Enhancing your existing…

In a recent quote from a McKinsey Report on Vietnam. ‘If we improve women’s economic engagement in Vietnam, we can add up to $40B USD to the economy annually.’ Shouldn’t gender equality be a business conversation. In PBEC’s latest webinar dialogue series 2020, we brought together a group of leading women from and based in Vietnam to share what its like to live and work in Vietnam today given Covid and provide their own perspectives, market insights & its future…

                A review of the Investment Market in World Football 2020 – An interview with leading professional – Professor Dr. Simon Chadwick from EMLYON Business School in Paris, France and Shanghai, China. As part of the PBEC Webinar Roundtable Dialogue Series 2020, we welcomed Professor Dr. Simon Chadwick from Emlyon Business School based in Paris , France and Shanghai China. The co-author of Managing Football, he kindly shared his latest market insights into…

Horasis held its first digital Extraordinary Meeting on 1st October 2020 with the theme of Unite. Inspire. Create. The meeting brought together heads of state, prime ministers and other government representatives as well as CEOs and entrepreneurs from around the world. 900 speakers contributed to the discussion of themes spanning politics, business and civil society across 150 sessions – the largest online meeting held by any organisation so far. The discussions through the meeting covered a wide range of issues…

The audio file for the Webinar details attached in PPT: https://soundcloud.com/pbec-org/gba-latin-america-deepening-linkages Below are the i-cloud recording of the Meeting: Topic: GBA & LATAM Linkages – China’s support for Latin American states during the pandemic is reaping diplomatic dividends for existing & future trade opportunities – dialogue discussion Start Time : Aug 26, 2020 09:19 PM Visual video file for YouTube or equivalent: https://us02web.zoom.us/rec/play/YCOlXmBISmUnInM3glIpzEKKzwP2Eyq01ZJIOzZRi8IJ4yHZghtQjs4EwCQzpupc_1QR7m0W6sFdv6Cc.LejD0PtAu_hwMvN7 Audio file for Podcast: https://us02web.zoom.us/rec/play/jZ_tH1EN4IQAnmIg8dPJGbD7P6O4c0Q5t6kW4n8rPcFvqwvhm4G4APZd1xjWKJQAESqQthx6rYv7MGcb.C_jh83l_u4ovw2B1 Access Passcode: 2AzP7?yu The slide deck: 20200826_PBEC Webinar Latam GBA Master slide deck

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PBEC Trade Report

Issue: 008 – July 2021

AUSTRALIA & UK CONCLUDE FTA: Prime Ministers Morrison and Johnson have reached an agreement in principle for an historic bilateral FTA. The FTA was reached over dinner at 10 Downing Street. The FTA is the UK’s first comprehensive trade agreement since leaving the EU. It expected to come into force in 2022.

AUSTRALIAN FARMERS TO PROGRESSIVELY GET BETTER ACCESS: Australian farmers will progressively get better market access to the UK under the bilateral FTA. British farmers will be protected by a cap on tariff free imports for 15 years. UK manufacturers will benefit from the elimination of all Australian tariffs.

INDIA’S AGRICULTURE EXPORTS GROW STRONGLY: India’s agriculture exports reached more than $US41 billion in 2020/21, an increase of more than 17% on the previous year. Exports of rice, grains, sugar and cotton grew significantly. India’s biggest produce markets were the US, China, Bangladesh and the UAE.

APEC LEADERS SEEK REFUGE IN TRADE FOR COVID RECOVERY:

  • Leaders of the APEC economies have met virtually on 16th July and agreed to work together to facilitate the movement of goods and services.

In a post-meeting statement, they acknowledged the importance of trade in combatting the far-reaching impacts of COVID-19.

TRUMP’S CHINA TARIFFS NEAR $100 BILLION:

  • US Customs trade statistics have reported $96 billion of penalty duties on goods from China since President Trump imposed Section 301 penalties. They were imposed in 2018 in response to China’s unfair and harmful acquisition of US technologies and IP.

AUSTRALIA ENDS PAPER INQUIRY:

  • The Anti-Dumping Commission has terminated an anti-dumping inquiry into kraft paperboard from the US. It found the manufacture of microflute cardboard in Australia was not a like product to kraft paperboard. It could therefore not conclude a material injury finding.

Read more…

About PBEC

PBEC – Pacific Basin Economic Council is by invitation ONLY a members based institution, that supports connectivity and cross-border regulatory standardisation efforts within APAC for all technological advancements, through dialogue, engagement and collaborative efforts.

Our Mission

PBEC’s focus is to continual attain recognition as the most comprehensive multilateral platform for APAC business leaders to engage with, advocating key trade issues of importance under a fair rules based system, thus promoting cooperation amongst member States to achieve inclusive, sustainable economic and social development in Asia and the Pacific.

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2020 Asian Financial Forum

Join PBEC at the Asian Financial Forum in Hong Kong January 13-14. Read more…

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