: Charting a new course in Asia Pacific

Regional trends in global sourcing As businesses assess their operational capacity needs for a predicted bumpy recovery, to recalibrate during and post-pandemic, it is crucial to understand what brought us to this point and where it is likely leading us. The Pacific Basin Economic Council (PBEC), Monash University Malaysia and KPMG, together with contributions from PBEC members, are pleased to publish this report on global sourcing, reviewing the most recently announced supply chain and sourcing movements in the region, charting…


: How is Asia doing in terms of its digital infrastructure?

What is Asia’s digital future going to look like, and what role will digital infrastructure play? We speak with an expert on innovations in infrastructure. An interview with Blair Chalmers, Managing Director, Innovations in Infrastructure at Marsh McLennan Advantage One of the defining economic phenomena in Asia in the past two decades has been its rapid digitalisation, and the growing importance of its digital economy. However, progress across the region has been uneven, given various infrastructural gaps, says Blair Chalmers,…


: From one Cold War to the next?

Feb 2023 by  John West, Executive Director of the Asian Century Institute At this stage, the goal of America’s strategic competition with China and Russia is unclear, in contrast to the strategic clarity of its containment policy during its Cold War with the USSR The great power rivalry involving the US, China and Russia is often referred to as a new Cold War, borrowing the metaphor which George Orwell gave to the contest between the US and the USSR, that…


: Why Carbon Capture and Storage Is Not a Net-Zero Solution for Canada’s Oil and Gas Sector Contribution By Laura Cameron, Angela Carter – February 2023

Summary Reducing emissions from Canada’s oil and gas production is a priority, yet it presents unique challenges. Industry representatives consider carbon capture and storage (CCS) to be the sector’s primary emission reduction solution, but there is a lack of evidence on the efficacy of this approach and its consistency with Canada’s net-zero commitment. There are seven CCS projects currently operating in Canada, mostly in the oil and gas sector, capturing about 0.5% of national emissions. CCS in oil and gas…


: Regulating AI: Debating Approaches and Perspectives from Asia and Europe (Synthesis Report)

February 2023 The Regulating AI: Debating Approaches and Perspectives from Asia and Europe webinar series was created to open an exchange discussing emerging approaches to the relation of artificial intelligence (AI) in different parts of the world. This synthesis report provides an overview of the webinar series and key considerations of each session. Find out more about Regulating AI by clicking here: Download PDF: EN-AI-Synthesis-Report-V2.5 Acknowledgement Source: APRU

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: Asian Economic Integration Report 2023 – by ADB

Trade, Investment, and Climate Change in Asia and the Pacific  – February 2023 The Asian Economic Integration Report (AEIR) reviews Asia and the Pacific’s progress on regional cooperation and integration and the states of trade, cross-border investment, financial integration, and the movement of people. According to the 2023 report, integration in the region is progressing steadily and remained stable in 2020 despite the COVID-19 pandemic. This year’s theme chapter, “Trade, Investment, and Climate Change in Asia and the Pacific,” examines…

Business Survey 2023

: Business Climate Survey 2023 – by American Chamber of Commerce Taiwan – Feb 2023

Despite global economic headwinds and regional geopolitical challenges, member companies of the American Chamber of Commerce in Taiwan report measured confidence about the year ahead, according to the results of the organization’s 2023 Business Climate Survey (BCS). The poll, conducted between November 15 and December 16, 2022, found that over 70% of business leaders expressed confidence about Taiwan’s economic growth over the next 12 months. While a decrease of 16 percentage points from last year, long-term confidence remains high, expressing member companies’ confidence…

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: The Climate Finance Conundrum – Focusing on Low & Middle Income Countries

Author: Rhea Mehta (PBEC intern OCT-DEC 2022) Published by PBEC: December 2022 Our PBEC intern Rhea Mehta recently wrote the following piece on financing issues faced by low and middle income Countries in tackling the climate emergency we all face as part of her degree studies. This area of interest was influenced in part by her experiences through her engagement with PBEC and its members, in this last quarter of 2022. We are privileged and pleased to share her work…

ESG Market Trends 2023

: Sustainable Fitch ESG Market Trends 2023: Report Macroeconomic and Geopolitical Challenges to Slow but Not Deter Sustainable Investing

Sustainable Fitch’s five key ESG Credit Trends for 2023 are: 1. Economic and Political Challenges to Test ESG’s Staying Power 2. Increased Focus on Climate Pledge Follow-Through and Implementation 3. Growing Physical Risks to Drive Short-Term Mitigation Strategies 4. Emerging Markets to Benefit from Focus on Nature and Climate Equity 5. Private and Retail Investors Bring New ESG Priorities to Capital Markets Despite difficult market and economic conditions, ESG’s importance in investments and corporate management has continued to grow. In…