This report consolidates the preliminary advice of the Circular Economy Ministerial Advisory Group (the Advisory Group) to the Australian Government at the half-way point of their tenure. The recommendations they have identified and discussed with members of Government to-date are organised into the six topics that the Advisory Group considered in 2023 (National policy setting, Targets and indicator, Economics, Net zero, Design and consumption of products, Built environment). Link: https://www.dcceew.gov.au/sites/default/files/documents/circular-economy-ministerial-advisory-group-interim-report.pdf
CHINA LIFTS AUSTRALIAN MEAT FACILITY BANS: China has lifted the trade suspensions on five Australia meat processing facilities. Eight beef processing facilities have now had suspensions lifted. Two facilities remain suspended. The latest action comes ahead of Chinese Premier Li’s planned visit to Australia in June. SOUTH KOREA & UAE SIGN TRADE AGREEMENT: South Korea and the United Arab Emirates this week formally signed a bilateral closer economic partnership agreement. It was signed in Seoul. Meanwhile Australian and UAE officials…
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 the business sustainability culture. He is originally from South Africa and resides in Vietnam. Dr. Morgan has demonstrated proficiency in the complex Environmental Social Governance landscape for multiple MNC’s and sectors which is a key area of focus for the…
PBEC CEO Michael Walsh was a special guest alongside ICC Senior Directors Pamela Mar and Sebastian Man as well as Ambassador Curtis Chan of Milken Institute Asia and the former Financial Secretary of HKSAR amongst others including PBEC’s Peter Burnett, HKMA and FSDC senior executives. The index showed country ranking for digital adoption in supply chains and friendliness for FDI’s. Singapore came out 1st, Hong Kong SAR 4th, Taiwan, ROC 10th and Malaysia 15th, Japan 17th and South Korea 18th…
In Vietnam we attend the Horasis China meeting followed by hosting a roundtable luncheon at Lotte Hotel back in HCMC and welcomed PBEC members the likes of Ong & Ong, KPMG Vietnam, Bonds Group of Companies HK, RMIT University Vietnam, Sunwah Group Vietnam, VinaCapital, Standard Chartered Bank Vietnam, CRBE Vietnam, Act Renewable, International Engineering Solutions, Transportation Law Firm, CEL Consulting, ESG expertise, leading Internationally renowned Business and Politician Coach. When speaking and listening to several Chinese business leaders who came…
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 delegations and MNC’s in APAC to move around in secure and safe surrounding on your own schedule.
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 sales data, market trends, and external factors to generate accurate demand forecasts, enabling organizations to optimize inventory levels, reduce costs, and meet customer demands effectively. Route Optimization: AI-powered systems optimize transportation routes by considering factors like traffic congestion, delivery time…
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 the opportunities ahead. These areas include accelerating digital transformation, leveraging Gen AI and bolstering cyber defences. See attached mini report.
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 renewable energy, O&G & real estate sectors. Learn more about Stephan here: https://www.sica.ag/en/stephan-kochem-en/ – he visited Hong Kong and Manila in April and arranged proposals for some our PBEC members already in the re-insurance coverage for coal-fired power stations in…