News

Confirmed PBEC Member speakers are: Tan Sri Dr. Lim Wee Chai, Tan Sri Goh Peng Ooi, Dr. Oh Ei Sun and Dato Henry Goh. Growing Partnership for Inclusive, Innovative and Sustainable Growth About the Summit In 2020, Malaysia will host the Asia Pacific Economic Cooperation (APEC) Summit. The Asia Economic and Entrepreneurship Summit will be convened to commemorate and celebrate Malaysia’s hosting of APEC 2020. It will be co-hosted by the Pacific Basin Economic Council (PBEC), one of the oldest…

PBEC members in Malaysia are invited to register to join in person and all others can join the zoom session in the AM. PBEC speakers include , Dato Henry Goh, Tan Sri Goh Peng Ooi, Ravindra Ngo and PBEC Chief Executive Officer Michael Walsh The ASEAN Leadership and Partnership Forum is a leading Forum that bring together Leaders from Government, Business, Think Tanks and Civil Society to discuss and evaluate the strategic challenges facing ASEAN and it’s immense opportunities as…

Kuala Lumpur, Malaysia, 25 July 2020 Issued by the APEC Business Advisory Council Business leaders from the Asia-Pacific are set to present to APEC Ministers Responsible for Trade (MRT) the APEC Business Advisory Council (ABAC) COVID-19 Report, which contains the its recommendations to respond to the immediate impacts of the pandemic, and lay the groundwork for economic recovery and build resilience in the region. APEC Ministers Responsible for Trade are scheduled to meet virtually on Saturday, 25 July, to discuss…

Kuala Lumpur, Malaysia, 25 July 2020 Issued by the APEC Business Advisory Council Asia-Pacific business leaders from the APEC Business Advisory Council (ABAC), meeting virtually this week, called on the region’s Trade Ministers to take the lead in a credible, relevant and strengthened World Trade Organisation (WTO) in the face of the COVID-19 pandemic. “Globally, we face significant health and economic challenges. Fundamentally trade can and must be at the centre of tackling both the immediate crisis and of laying…

PBEC has been accepted to participate in the APEC Transportation Working Groups which is made up of several different tracks including aviation. PBEC is actively moving beyond its current observer status at APEC and be recognised as an independent organisation on behalf of business to assist and contribute fully in future discussions and regulatory reforms with APEC Member States at Senior Official Meetings. Our Members will be called upon depending on their area of expertise to join as a guest…

The appetite for sustainable investments among financial institutions, funds and corporates in Asia continues to rise, and further public and private sector cooperation is needed, according to latest analysis by the Pacific Basin Economic Council (PBEC), ESCAP Sustainable Business Network (ESBN) and KPMG. Michael Walsh, Chief Executive, Pacific Basin Economic Council, said: “Public attitudes are changing fast and the sustainability debate has become an inclusive policy in boardrooms globally. There are significant opportunities in this region by adopting ESG standards….

Respondents to a PECC survey do not anticipate a swift rebound from the crisis in 2021 with growth levels for the Asia-Pacific remaining below 2019 levels for the next 3-5 years. The survey of 710 policy experts from business, academia, government and civil society was conducted from 19 May to 12 June, 2020. An analysis of the responses also provides insights for further commentary on the regional outlook and the strategies available for transitioning out of the current situation. One…

Hong Kong will attract listings by international companies, not just Chinese firms, as Greater Bay Area opens up, outgoing IPO panel chief says Hong Kong will continue to attract listings by international and Asian companies in the coming years, as the 2018 reforms and a soon to be launched wealth management connect scheme increase access to and capital flows from the Greater Bay Area, said Andrew Weir, who steps down as chairman of the Listing Committee this week. The 28-member committee…