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: PBEC’s intern Rhea Mehta father Commodore Kapil Mehta takes command of INS Rajali, an Indian naval air station located in Ranipet district, Tamil Nadu in south India

It operates under the Southern Naval Command of the Indian Navy, and has the longest military runway in Asia. Commodore R Vinod Kumar handed over the command of the Indian Naval Air Station Rajali, based at Arakkonam, TamilNadu  to Commodore Kapil Mehta. Commodore Kapil Mehta, is an alumnus of the INA, Goa, DSSC, Wellington,  NWC, Goa and NDC, New Delhi. Commodore Kapil Mehta was commissioned into the Navy on 01 Jan 1995. He is a naval rotary-wing pilot, qualified on…

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: The Climate Finance Conundrum – Focusing on Low & Middle Income Countries

Author: Rhea Mehta (PBEC intern OCT-DEC 2022) Published by PBEC: December 2022 Our PBEC intern Rhea Mehta recently wrote the following piece on financing issues faced by low and middle income Countries in tackling the climate emergency we all face as part of her degree studies. This area of interest was influenced in part by her experiences through her engagement with PBEC and its members, in this last quarter of 2022. We are privileged and pleased to share her work…

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: PBEC Corporate Member Velocity Technology Wins Best Cloud provider 2022

Velocity Technology is proud to announce that they have been awarded Best cloud tech provider – Public, and Best tech infrastructure provider at the With Intelligence HFM Asian Services Awards 2022! This is only the second year they have entered into these awards. Last year they were shortlisted for several. This year as well as being shortlisted in other categories, they have been awarded as winner in 2 categories of the HFM Asian Services Awards 2022! > Best Tech Infrastructure…

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: Oliver Wyman’s & PBEC BoD Ben Simpfendorfer on China’s Economic Outlook for 2023

Description: Last appearance on Bloomberg for the year by a PBEC representative in Ben Simpfendorfer. Talking China’s November data and 2023 outlook. Potential supply chain disruption is a focus for the global economy. Wishing everyone a safe, healthy and prosperous new year. URL Link to video recording on Bloomberg :



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, devoid of human interaction apart from my own family, until my release on Christmas Day at least. PBEC is looking forward to welcoming members at a couple of face to face luncheons being organised in January as all restrictions for…


: ABAC Meeting announcement 2023

APEC Business Advisory Council – ABAC I to be held on 12-14 February 2023 at the Cordis Auckland, New Zealand. Latest details revealed by our colleague & friend of PBEC Stephen Jacobi at Tradeworks. Link to PR:

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: APEC Rolls out Priorities for 2023: Issued by the Informal Senior Officials’ Meeting Honolulu, The United States, 13 December 2022.

Under the theme “Creating a Resilient and Sustainable Future for All,” the United States emphasized its commitment to drive forward work on key issues such supply chain resilience, digital trade, connectivity, opportunities for small and medium-sized enterprises, climate change and environmental sustainability.

ESG Market Trends 2023

: Sustainable Fitch ESG Market Trends 2023: Report Macroeconomic and Geopolitical Challenges to Slow but Not Deter Sustainable Investing

Sustainable Fitch’s five key ESG Credit Trends for 2023 are: 1. Economic and Political Challenges to Test ESG’s Staying Power 2. Increased Focus on Climate Pledge Follow-Through and Implementation 3. Growing Physical Risks to Drive Short-Term Mitigation Strategies 4. Emerging Markets to Benefit from Focus on Nature and Climate Equity 5. Private and Retail Investors Bring New ESG Priorities to Capital Markets Despite difficult market and economic conditions, ESG’s importance in investments and corporate management has continued to grow. In…


: Highlights of the APEC Business Advisory Council Report 2022 by WAIFC

Background to November 2022 Annual Dialogue Recommendations In late October, the Business Advisory Council presented its recommendations to the group chairman for onward transmission to the member countries’ economic leaders.  In addition, many drafting participants presented the document formally to their heads of government; the proceedings of APEC’s annual dialogue take place at that highest intergovernmental level, and so it was for this year’s attendance at that venue. APEC in Action 2022 APEC’s continuing working groups will focus on the…