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: 2023 APEC Theme and Priorities – Feb 2023

Under the theme “Creating a Resilient and Sustainable Future for All,” USA Chairing APEC2023 plan to build a more interconnected, innovative, and inclusive APEC region. Through its APEC 2023 host year, the USA seek to further U.S. economic engagement with the region.  Regular exchanges among governments, business leaders – including through the APEC Business Advisory Council (ABAC) – and other stakeholders such as PECC and PBEC are critical to ensuring that APEC is delivering pragmatic solutions to the key challenges facing U.S. workers and…

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: PBEC CEO visits Vietnam and sits down with local members, first time in 3 years – Feb 2023

PBEC CEO Michael Walsh took the opportunity to visit some of the PBEC members in HCMC and Hanoi on his recent trip to Vietnam over the Chinese & Tet New Year 2023. “I had the chance to sit down with KPMG Chairman and CEO Warrick Cleine of Vietnam and Cambodia at their office in HCMC. It was lovely to have this opportunity to sit down together and share each others views on the hot issues and areas of focus for…

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: 2022 IN REVIEW A YEAR OF RECONNECTING HUMAN INTERACTION

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…

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: 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: https://www.linkedin.com/posts/nz-international-business-forum_at-the-request-of-the-united-states-which-activity-7008563092208979969-YYup?utm_source=share&utm_medium=member_ios

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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. https://www.apec.org/press/news-releases/2022/apec-rolls-out-priorities-for-2023

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: 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…

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: Lets UNRAVEL PBEC!

This week’s UNRAVEL four articles are relevant and connected to some of the topics discussed at our Annual PBEC Dialogues Summit 2022, such as supply chain pressures & weak demand as we head into the Christmas, NY & CNY holiday periods over the next quarter DEC-FEB period. COVID-19 hasn’t gone away but tolerance levels on how its managed are at an all-time low in countries that are treating as a pandemic still. The importance of maintaining data flowing freely across…

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: APEC & ABAC upcoming meetings

PBEC was delighted to have achieved a coup at its recent Annual Dialogues Summit 2022 in hosting the outgoing APEC Thailand 2022 Chair representatives and the incumbent APEC USA Chair for 2023 together only 24 hours after APEC 2022 had concluded. A big thank you to the following speakers who were able to attend our PBEC Summit and share their first-hand views and observations as well as glimpse into the year ahead, having just gotten back from attended either the…

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: Review of PBEC Annual Dialogues Summit 2022

The Pacific basin Economic Council (PBEC) is celebrating its 55th anniversary this year since its establishment, in lieu of which we just concluded our Annual Dialogues Summit today which was held over 2.5 days from the 22-24 November 2022, virtually over zoom events. We wish to express a special thanks to our Platinum Sponsors KPMG, OUE and BitMEX. PBEC assembled 75 business, Government, Non-Government and academic leaders from across the globe, but in particular from the 21 Member States of…