Korea is hosting APEC for the first time in 20 years, focusing on innovation, digitalization and sustainability -Jan 2025
In 2024, APEC embarked on a journey to Peru under the theme of “Empower, Include, Grow”. Under this theme, we shared ideas on inclusive and interconnected growth, digitalization and innovation to promote formal and global economy, and sustainable growth for resilient...
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People, Business, Prosperity – ABAC Annual Report to APEC Economic Leaders – Jan 2025
Executive Summary: Regional Economic Integration Building the Free Trade Area of the Asia-Pacific. The Free Trade Area of the Asia-Pacific (FTAAP) is the best way to unlock the full potential of the region, by countering fragmentation and creating new opportunities...
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Pacific Economic Cooperation Council release State of the Region Report 2024 – Jan 2025
The Asia-Pacific region faces a complex economic landscape characterized by growth potential tempered by significant risks. Forecasts project a GDP growth rate of 3.4% in 2024, with inflation expected to moderate to around 2.3%, but challenges such as geopolitical tensions,...
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APEC 2025 Korea Agenda – A Big Emphasis on Regional AI Policies & Aging Populations
By PBEC Executive Director - December 2024 DECEMBER 2024: A PBEC update on APEC 2025 agenda hosted by South Korea: Korea launched its chairmanship of APEC 2025, the first time in two decades that the nation is hosting the global...
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Understanding Scope 3 reporting & the Opportunity in Asia Pacific – Oct 2024
Climate change is intensifying, but so is the push to decarbonize. While many businesses have made progress tracking Scope 1 and 2 emissions, the focus is now shifting to #Scope3 — indirect emissions from supply chains. Explore KPMG’s report with PBEC -...
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Korea and ASEAN to cooperate for launch of bilateral Trade and Economic Think Tank Dialogue in 2025 -OCT 2024
The Ministry of Trade, Industry and Energy (MOTIE) of the Republic of Korea announced plans today with regard to launching the Korea-ASEAN Trade and Economic Think Tank Dialogue (“Dialogue”), proposed by Korean President Yoon Suk Yeol during the 25th Korea-ASEAN...
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TRENDS IN LOGISTICS 2024 – prepare your logistics for the future – Oct 2024
By Toyota Material Handling The world of logistics is going through a considerable transformation. There are significant ongoing changes in the business landscape, a mindshift in the general population altering social behaviour, new technologies, and radical developments in logistics –...
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Quad summit shows strengths and limits of Biden’s foreign policy – Sep 2024
Originally published in The Straits Times - courtesy of the Lowry Institute The recent Quad summit was something of a victory lap for President Joe Biden’s Asia strategy. Yet the success of the Biden administration’s approach to deepening ties with...
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Why Are Global Leaders Converging in Peru? – Oct 2024
Next month in November 2024, business leaders and Government officials from across the globe will converge on Lima, Peru, to address the challenges and opportunities that will shape the future of the Asia-Pacific region. This gathering comes at a critical...
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PBEC supports United Nations adoption of the Future to transform global governance Pact- Oct 2024
World leaders adopted a Pact for the Future that includes a Global Digital Compact and a Declaration on Future Generations. The most wide-ranging international agreement in many years, covering entirely new areas as well as issues on which agreement has...
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PBEC & KPMG report identifies crucial steps to address Corporations Scope 3 emission disclosures gaps in Asia Pacific
Addressing Scope 3 emission disclosures are integral towards achieving organizational and regional sustainability goals The report highlights a lack of Scope 3 emissions disclosures in Asia Pacific, as they typically occur outside of an organization’s direct control – compared to...
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