Member Updates


: PBEC Partner Local2030 Islands Network April 2023 update

At our Annual Dialogues Summit 2022 in November, PBEC teamed up with The Local2030 Islands Network and advocate for Dashboard data monitoring software as an essential tool in sharing best practices to mitigate emissions and achieve its SDG goals. It is the world’s first global, island-led peer-to-peer network devoted to advancing the Sustainable Development Goals (SDGs) through locally driven solutions and we really like many of the initiatives this group is developing, so its only fair we share. Sharing is…

: PBEC’s Corporate Member FEC is delighted to announce the recent opening of two landmark hotels in Melbourne, Australia

Far East Consortium International Limited (“FEC”; Stock Code: 35.HK), is delighted to announce the opening of two landmark hotels in the CBD of Melbourne, Australia. On 23 March 2023, FEC opened the Ritz-Carlton Melbourne. The hotel consists of 257 luxury guest rooms located within the West Side Place mixed-use development in the CBD of Melbourne. The lobby sits on the 80th floor and all the rooms offer impressive views over Melbourne. The Ritz-Carlton Melbourne represents the second Ritz-Carlton developed and opened…


: Press Release: Natalie Chung CESGA PBEC’s Sustainability and Climate Change Ambassador announces HK Govt appointment

“I am honoured and humbled to have been appointed by the Chief Executive of Hong Kong to serve on the Council for Carbon Neutrality and Sustainable Development, effective May 1, 2023, for a term of two years.” Stated Natalie Chung on her Linkedin official page this past week. She went on to say, “recognising the gravity of the task at hand, which is to define a roadmap and implementation plan for Hong Kong to achieve our 2050 carbon neutrality target,…

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: PBEC members praised for their support of Youth Ambassador Natalie Chung’s Antarctic Climate Expedition 2023

4 March 2023 – The Antarctic Climate Expedition led by Dr Sylvia Earle was concluded on the 23 Feb, 2023. It has proved to be a deeply rewarding and inspiring journey for PBEC’s Asia Climate Advocate Natalie Chung. 116 experts from interdisciplinary backgrounds representing different cultures came together in Antarctica to discuss and champion resolutions to accelerate net zero emissions by 2035. Natalie described, “The expedition filled me with fear and hope. Fear from the accelerated environmental change witnessed in…

David Armitage Members update

: PBEC BoD David Armitage attends important Canada-ASEAN Business & Investment Forum 2023

From left to right in the picture: Jan De Silva President & CEO of the Toronto Region Board of Trade David Armitage PBEC Board of Director & CEO Velocity Solutions Group Mairead Lavery President and CEO of Export Development Canada (EDC) Stephen Lund CEO of Toronto Global Jakarta, Indonesia. February 27th 2023 – The PBEC attended the first Canada-ASEAN Business Forum since the pandemic on the 24-25th February held in Jakarta, Indonesia. Represented by PBEC board of director David Armitage…

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: PBEC Member QBE Hong Kong launches its 2023 SME Survey Results – Feb 2023

QBE Hong Kong is pleased to share with the PBEC Community, the release of its 5th iteration of our annual SME research for Hong Kong. SMEs are the backbone of the local economy. To better understand this important customer segment, QBE Hong Kong conducted the annual SME survey in October 2022 to gain valuable insights into the opportunities and challenges faced by SMEs. The study drew on an online survey of 422 Hong Kong SMEs from a wide range of…

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: PBEC’s Hinrich Foundation’s Stephen Olson reflects on Biden’s China strategy and how the spy balloon saga affects the US-China relationship – Feb 2023

Blinken outlined the Biden Administration’s much anticipated China strategy in a public speech in May last year. Blinken articulated an approach to China built on three prongs: invest, align, and compete. The “invest” pillar of the strategy calls for the US to make substantial investments in cutting-edge industries crucial to economic and strategic pre-eminence. The “align” pillar focuses on cooperating with partners that share a common vision for the Indo-Pacific. The “compete” pillar identifies economic, strategic, and philosophical ways the…

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: PBEC hosted a small gathering of its HK based board of directors at the HK Aviation Club – Feb 2023

PBEC CEO Michael Walsh and Treasurer Anson Bailey hosted a few of our HK based PBEC Directors for its first informal face to face lunch of 2023 in January prior to CNY. In attendance were directors; Lester Huang, Anson Chan, Sebastian Man, Diana Chou & David Armitage. Apologies were received from Lei Yiu, Thomas Wong and Ben Simpfendorfer. “It was lovely to catch up together, given the lifting of the covid restrictions in Hong Kong. The Aviation Club is situated…

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: PBEC CEO meets with PBEC Member VinaCapital’s team in Vietnam

Immediately after Tet New Year in Vietnam, PBEC CEO Michael Walsh took the opportunity to visit VinaCapital’s head office to present in person to the CEO Don Lam, their ESG Award 2022-23 for “Most Responsible ESG Investor” – In doing so, Michael also had the opportunity to sit down with the some of the wider senior management team to get their latest views and outlook in the investment markets including those of their Chief Economist Michael Kokalari over a hosted…

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: PBEC host ESG 2022-23 Winners Luncheon at the China Club -Feb 2023

PBEC Chairman Andrew Weir and CEO Michael Walsh hosted a luncheon in Hong Kong at the China Club in recognition of this years reinstated PBEC ESG Awards. Congratulations once again to our winners in; FEC Group (Gold ESG Winner), Sands China (Silver ESG Winner), KPMG International (Bronze ESG Winner), VinaCapital (Most responsible ESG investor winner) and Cogo (ESG Entrepreneur Winner). You can find more information about the competitions criteria and winners ESG information by clicking here: