“Lots happening this week at ABAC/APEC in San Francisco around resilience of supply chains, sustainability, financial inclusion, digitisation, AI, etc – not to mention that all important meeting between two Presidents. And then there’s Boeing showcasing the first autonomous, battery-powered air taxi called “wisk” in a fetching bright yellow livery which can’t be missed ! The target price point is an Uber fare. I offered to be the first hailing passenger!” said PBEC’s BoD Peter Burnett OBE, BBS, JP
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GS1 HK Summit 2023 brought together Government Officials, Legislative Council members, industry experts, and business leaders to explore Digitalisation & Sustainability for Future Business on 14th November 2023 at HKCEC. The annual industry event commenced with Mr. Lam Sai-hung, Secretary for Transport and Logistics as the Guest of Honour. The Hon Jeffrey Lam, Member of Executive Council & Legislative Council, The Hon Frankie Yick, Member of Legislative Council, The Hon Peter Shiu, Member of the 14th CPPCC National Committee & Legislative…
Asia-Pacific Economic Outlook latest 2023 Section 1: Towards a Sustainable Recovery The Asia-Pacific region has shown remarkable resilience in the face of an uncertain environment. However, as the region heads into a ‘new normal’ the shape and form of economic growth are likely to be substantially different from the pre-pandemic period. As demonstrated by concerns expressed by respondents to PECC’s annual survey, the regional policy community is concerned with the rise in the cost of living; climate change; a slowdown…
TheCityUK’s Economic Research underpins the important—and sometimes still counter-intuitive—point that the financial and related professional services industry makes a significant contribution to the economy across the UK, not just in London. Most attention tends to focus on the spread of industry employment across the UK—a metric which is easy to take for granted, but one that is vitally important, and particularly so at a time of rising unemployment. However, this report focuses on something that is conceptually a bit less…
PBEC Corporate Member Guadalajara World Trade Center, Mexico represented by General Manager and Director Federico G. Lepe shares his views on the opportunities generated by the Near-Shoring trends, and comments utilising the latest economic data available in this comprehensive overview report. “We have witnessed a wave of manufacturing investment in a variety of sectors continue in 2023, as divestment and managing risk, away from sole-dependence on China Mainland and to address supply chain emissions, continues to change the face of…
Mixed Oct economic data reflects an uneven recovery. Resilient industrial production (IP) growth was underpinned by China’s rising electric car industry and related industries. Stronger-than-expected headline retail sales were driven by low base effects as underlying spending growth remained soft. Nevertheless, car sales were a bright spot. Real estate investment continued to drag down overall investment growth. Increased fiscal and monetary support will help sustain the recovery. Fiscal policy has turned more supportive and is expected to aid growth and…
Creating a Resilient and Sustainable Future for All We, the Economic Leaders of APEC, met in San Francisco, California, on November 16-17, 2023. Three decades after the United States hosted the first APEC Economic Leaders’ Meeting on Blake Island near Seattle in 1993, it is clear our steady commitment to APEC’s mission has helped our region become a vanguard of global growth. Here in San Francisco, we emphasized that effective policies require, above all, responsiveness to all our people and…
The President of the Republic Dina Boluarte on Friday 17th Nov 2023, received the Pro-Tempore Presidency of the Asia-Pacific Economic Cooperation (APEC) forum for 2024 from United States President, Joe Biden. The handover took place in a ceremony led by the U.S. Head of State, who underscored some issues addressed during this year’s summit, such as the participation of women in the economic sector and the use of technological advances. In turn, Mrs. Boluarte invited the 21 APEC member economies…
On October 29th 2023 – PBEC’s Sebastian Man hosted a small group of distinguished leaders in HK including PBEC CEO Michael Walsh for a dinner with the Former Consul General of the USA to HK and Macau Kurt Tong. He joined The Asia Group LLC a business advisory firm in 2019 with offices across Asia and HQ in Washington D.C. Kurt Tong is Managing Partner and member of the Executive Committee at The Asia Group, where he leads consulting teams…
We are delighted to announce that Ron Hoffmann of SixRing Inc. a leader in the renewable #albertaenergy sector has agreed to rejoin PBEC – Pacific Basin Economic Council as a strategic advisor to the board on all matters regarding #canada and #northamerica – It’s a voluntary role at the non-profit. Ron is a recognized and highly respected figure amongst his peers within both industry and government circles on both sides of the Pacific. His passion for progressing and advocating cross-border…