“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 customs authorities need to respond and adjust to changes in the global trade landscape brought about by the COVID-19 pandemic, rapid technological developments, geopolitical tensions and climate change. She added that the role of customs was becoming increasingly complex, and…
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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 crypto right now,” Chris Vecchio of DailyFX told Insider. “What’s happening is much more closely tied to global stimulus conditions and central banks pulling back their pandemic era efforts. That, to me, is the prevailing story here.” John Wu, president…
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 to women’s empowerment. The Office of the Coordinating Economic Minister, which is responsible for the scheduling and substance of Indonesia’s G20 presidency, said that on Jan 27, representatives of companies from the 20 member countries and another 40 from non-member…
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’ meeting is scheduled before the leaders’ meeting. The two themes of the finance ministers’ meeting are sustainable finance and the digital economy, Mr Warotai said. Read More
A PBEC hosted webinar bringing together experts and commentators in their respective fields on regional Supply Chain Transparency in the Asia Pacific. We assembled an expert panel of academics and senior executives to this dialogue discussion on supply chain transparency and traceability. We hear some invaluable insights, takeaways and latest trends in supply chain relocation data provided by Professor Neale O’Connor. Anson Bailey of KPMG moderates and extracts recommendations from each of the panellists. We witnessed a lot of probing…
You are invited to a Zoom webinar. When: Jan 20, 2022 11:00 AM to 12:15PM Hong Kong SAR Topic: Achieving Equitable Supply Chain Transparency Please register in advance for this webinar: https://us02web.zoom.us/webinar/register/WN_O5rbcEobSMO0PNjtCLavdA After registering, you will receive a confirmation email containing information about joining the webinar. ‘What are the challenges and priorities in 2022 to keep supplying and delivering, including emission reduction pressures?’ A PBEC hosted webinar led by our moderator Anson Bailey, who is bringing together experts and commentators…
An Apec-branded Covid face mask, a handwritten letter from Jacinda Ardern to a future NZ Prime Minister and even a copy of the Herald’s Apec 2021 supplement are among items being tucked away within a time capsule which will be “unearthed” when New Zealand next hosts Apec. In her letter to a future prime minister, Ardern expresses her hope – for the sake of everyone – “that you don’t find yourself hosting in the middle of a pandemic!” “May your…
WASHINGTON – The U.S. Senate Committee on Foreign Relations on Friday called for pursuing through a forum of Pacific Rim economies the possibility of a digital trade agreement, amid concerns that the United States may be falling behind China in taking the lead in writing key trade rules in the region. “We write to urge you to utilize and work with the Asia-Pacific Economic Cooperation (APEC) … to encourage strong outcomes” in the next leaders’ meeting, Democratic Sen. Robert Menendez, chairman of…
PBEC – Pacific Basin Economic Council is excited to announce its keynote speaker who will kick-off our wonderful week of live roundtable dialogues consisting of 53+ Expert speakers, under this years theme ‘Striving Forward in Asia Pacific,’ on Mon 22nd November at 1000L HK Time. Join us for FREE, as we debate & share leading experts insights and future outlook for the Asia Pacific region on a number of key topics, during our upcoming Live Dialogues Week 22-26th November 2021. Natalie Chung…
AusPECC Webinar – Next Steps in Sustainable Finance in Australia & Globally 18 October at 2:00pm AEDT |11:00am SGT/HKG | 4:00pm NZDT. This webinar will bring together three Australian experts to discuss sustainable finance with a specific focus on exploring the next steps for Australia and the international community. Following the speakers presentations there will be a Q&A session moderated by AusPECC Chair, Dr Gordon de Brouwer, where attendees are encouraged to engage with the speakers and submit questions for…