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PBEC News

PBEC Appoints Anthony Chan as Vice Chair

PBEC Appoints Anthony Chan as Vice Chair The Pacific Basin Economic Council is pleased to announce the appointment of Anthony Chan as Vice Chair, effective from the November 2025 Annual General Meeting. Anthony is Chief Executive Officer of Isola Capital...
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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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APEC Businesses Call for Greater Action Amid Insufficient Economic Growth and Increasing Climate Risk – Aug 2024

The APEC Business Advisory Council (ABAC) concluded its meeting in Tokyo this week, calling for decisive action to boost trade, digitalization and climate response. “Tackling trade and investment barriers, promoting digitalization and accelerating the climate response is urgent. We can’t...
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Collaboration as a mission, to create value, innovation and new opportunities for growth through free and open digitally enabled cross border Trade in APAC

5The Pacific Basin Economic Council Vision outlined for 2024-2027 ahead of its AGM 2024 – by Michael Walsh CEO PBEC – June 2024 Collaboration as a mission, to create value, innovation and new opportunities for growth through free and open...
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What are the benefits for Hong Kong business in joining RCEP trade area? – June 2024

A perspective from the Pacific Basin Economic Council (PBEC) on the potential benefits for Hong Kong businesses in joining the Regional Comprehensive Economic Partnership (RCEP) trade area should its current application be finally approved: The Pacific Basin Economic Council views...
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PBEC’s GS1 Hong Kong celebrated its 35th Anniversary with a prestigious gala dinner at Ocean Park Marriott Hotel- Mar 2024

An impressive 35th Gala Anniversary Dinner was hosted by GS1 HK - many congratulations to PBEC’s BoD and GS1 CEO Anna Lin and her wonderful team. A very impressive turnout and PBEC members were excited to reconnect with so many...
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PBEC’s Executive Committee Jeff Tucker hosted former Thai PM Abhisit Vejjajiva for lunch – Mar 2024

PBEC is known for connecting business leaders with the political elite and politicians in the region past and present. We held a lunch in Bangkok in March inviting the former Thai PM given the elections in the country and he...
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PBEC’s BoD ICAEW hosted a Spring Networking Cocktail at the British Consulate in Hong Kong – Mar 2024

Several PBEC members and our Chairman were in attendance at a wonderfully hosted Spring Networking ICAEW event in HK at the British Consulate. It was great to see Chairman Andrew Weir saying a few words together with PBEC’s ICAEW Mary...
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Singapore to Introduce Mandatory Climate Reporting Beginning 2025 – Mar 2024

Singapore will implement mandatory climate-related reporting requirements for listed and large non-listed companies, with obligations for some to begin disclosing in line with the IFRS’ International Sustainability Standards Board (ISSB) standards starting as early as 2025. The new rules were...
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APEC Members Pursue New Approaches to Reignite the FTAAP – Mar 2024

APEC member economies are considering innovative and improved approaches to revitalize the Free-Trade Area of the Asia-Pacific (FTAAP) as a major instrument to further APEC’s regional economic integration agenda. The FTAAP was envisioned by APEC Leaders in 2006 as a comprehensive free...
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