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Member Updates

Anthony Chan CEO of Isola Capital appointed to the PBEC Board – SEP 2024

Hong Kong – 2nd September 2024 : - The Pacific Basin Economic Council is pleased to announce the appointment of Anthony Chan, CEO of Isola Capital to its board of directors, with immediate effect. “I have had the privilege of...
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PBEC’s QBE’s Interim Profit Doubles, Dividend Raised – Aug 2024

Provided by Dow Jones QBE Insurance Group said its interim net profit doubled and it raised its dividend, amid continued premium renewal rate increases and lower catastrophe costs. The Australia-listed insurer, which reports in U.S. dollars, said earnings for the...
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PBEC’s Peter Burnett OBE BBS announced as New CBBC Chief Executive – July 2024

Peter is PBEC's immediate past Board of Director who recently stepped down to take up a new role as China Britain Business Council Chief Executive. "It is a little more than a week since I collected my lanyard and security...
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Why mentoring matters – Aug 2024

Author: PBEC's Accounting & Tax subject matter experts ICAEW Insights While formal training programmes play a key part in continuous development, some of the most impactful learning comes through one-to-one conversations, sometimes in a formal environment, but often not. Such...
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What are the main ethical challenges of implementing AI? – Aug 2024

Author: PBEC's Accounting & Tax subject matter experts ICAEW Insights The rapid growth of generative AI (Gen-AI) platforms, which are enabling millions of everyday people to use AI in creative ways, has taken the world by storm. In the coming...
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Waves of Change @PBEC’s Aboitiz Land who’s Project Rake Leads the Cleanup Charge – Aug 2024

Project Rake uses the Surf Rake, a beach cleaning machine capable of picking up and holding 3,500 pounds of marine debris. It moves across the sand, leaving behind fine sand and a cleaner beach. The Memorandum of Understanding outlines how...
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PBEC’s Aboitiz Equity Ventures Plows Ahead With Expansion and sends aid to victims of Typhoon Carina – Aug 2024

The listed holding company, with interests in power, banking, food and infrastructure, is more than doubling its capital spending in 2024 to 153 billion pesos ($2.6 billion). About half will be used to build a solar power plant and a...
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10 Start-ups Awarded in HK Tech 300 Southeast Asia Start-up Competition Fostering Innovation & Entrepreneurship Beyond Boundaries – June 2024

CityUHK launched the HK Tech 300 SEA Competition in Kuala Lumpur in May 2023. Its aim is to support Southeast Asian start-ups to expand their business to Hong Kong and the mainland, help Hong Kong start-ups explore opportunities in SEA,...
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China matters for the global economy, there isn’t another China – April 2024

PBEC's subject matter expert Ben Simpfendorfer of Oliver Wyman spoke to China Daily journalists Ouyang Shijia and Ma Qing "The foundations are there for recovery." While China's growth target of around 5 percent for this year seems challenging, Simpfendorfer said...
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The scorecard for IPEF

Author: Kati Suominen is a Research Fellow at the Hinrich Foundation a PBEC Corporate Member and partner Foundation - July 2024 Created in 2022, the US-led Indo-Pacific Economic Framework for Prosperity, or IPEF, was the Biden administration’s response to the...
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Japan’s plan to restructure global supply chains – July 2024

Author: PBEC's Hinrich Foundation Yuqing Xing a Professor of Economics of the National Graduate Institute for Policy Studies (GRIPS) in Tokyo By 2022 Japanese foreign direct investment in China had reached US$127.6 billion, the largest among Asian countries. Many Japanese...
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PBEC welcomes New Member ESG Leading Expert Dr. Morgan Carroll – June 2024

Dr. Morgan Carroll resides in Hanoi, Vietnam and recently stepped down as the Director of Environmental, Social, & Governance (ESG) at Vingroup and VinFast. He was responsible for developing and implementing global ESG strategies in Vingroup and VinFast to enhance...
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PBEC’s Isola Capital CEO Anthony Chan & Denise Man visit the A220 VIP aircraft on tour in Asia at HKBAC Facility – Apr 2024

Airbus Corporate Jets and Jet Aviation invited PBEC members to visit one of the latest large cabin aircraft available in the shape of the A220CJ, a fabulously designed interior to cater upto 28 passengers in maximum comfort. Ideal for Government...
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A PBEC Insight by CEO Michael Walsh on “Advancing Supply Chains using AI” – Apr 2024

A PBEC Insight: AI is being implemented in various ways within supply chain management, leading to significant advancements in operational efficiency and decision-making. Here are some examples of how AI is currently being used: Demand Forecasting: AI algorithms analyze historical...
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PBEC Patron Member KPMG released it’s On the 2024 Board Agenda – Apr 2024

The year ahead will be pivotal for many board members. During the KPMG INED Forum, PBEC Chair Andrew Weir, KPMG’s Global Chair of Asset Management and Real Estate, outlined 10 critical areas for directors to focus on and better navigate...
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PBEC Welcomes New Member Stephan Kochem Chairman and CEO of SICA – Swiss Insurance Capital Advisors AG

PBEC welcomes our newest member Stephan Kochem from SICA - Swiss Insurance & Capital Advisors - leading specialists in the global reinsurance market with a particular focus on expanding their unique offering to Asian clients and new markets in the...
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