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PBEC News

PBEC supports the Global Chinese Economic & Technology Summit – Nov 2023

PBEC CEO Michael Walsh attended and spoke at the recent 2023 Global Chinese Economic & Technology Summit hosted by strategic partner KSI – Strategic Institute for Asia Pacific held on 6-7th November 2023. Senior Government officials and dignitaries were in...
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APEC Photo Contest 2023 – NOW Open for submissions – July 2023

Now in its 12th year, the APEC Photo Contest showcases inspirational photos from around the region with a creative take on APEC host priorities. The annual photo contest celebrates the resilience and adaptability of the 21 APEC member economies. Share...
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PBEC Patron Member BitMEX former CEO Arthur Hayes Explains How AI Could Drive Bitcoin Price to $760,000 – July 2023

Yes you heard that right. My hope is that artificial intelligence (AI) and robotics will be used primarily to eliminate the tedious, bullshit work in which most of humanity currently toils, so that more and more people can pursue their...
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RCEP boosts trade cooperation among China, Japan and South Korea – July 2023

Since RCEP came into effect in China and Japan in January  and South Korea in February of 2022, it became the first free trade agreement that fully includes all three economies of China, Japan and South Korea. The trade deal...
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APEC Steps Up Environmental Services Efforts and Marine Debris Clean-Up – 5 Jul 2023

APEC released a set of guidelines to further the forum’s work on environmental services and marine debris management. The guidelines encourage member economies to facilitate services that support the clean-up of marine debris from beaches, rivers, coastal areas, and the...
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PBEC announces its official support to the Aiming For Zero Initiative

The Pacific Basin Economic Council (PBEC) is the pleased to announce its wholehearted support for the OGCI-incubated Aiming for Zero Methane Emissions Initiative, which aims to eliminate methane emissions from signatories’ operations by 2030. The Aiming for Zero Methane Emissions...
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PBEC held a successful and well attended AGM 2023 – 20TH June 2023.

PBEC held its AGM 2023 in a hybrid live format, with approved attendees able to either join in person in Hong Kong at KPMG Boardroom in Princes Building or via online on zoom. It was one of our most attended...
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PBEC Announces Two Newly Elected Board of Directors at its AGM 2023 – June 20th 2023.

PBEC welcomes both Peter Burnett OBE, BBS Managing Director of Standard Chartered Bank Hong Kong Limited and Mary Simpson Director of International Member Engagement at ICAEW to its board of directors. Both were formally elected by majority vote at the...
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JOINT PRESS RELEASE ON THE ACCESSION OF THE REPUBLIC OF KOREA TO THE DIGITAL ECONOMY PARTNERSHIP AGREEMENT -8th June 2023

Ministers of Chile, New Zealand, and Singapore, Parties of the Digital Economy Partnership Agreement (DEPA), and the Republic of Korea (ROK) met on the sidelines of the OECD Ministerial Council Meeting in Paris, France, on 8 June 2023. The Ministers...
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ADB Announces IF-CAP, New Program to Accelerate Billions in Climate Change Financing

INCHEON, REPUBLIC OF KOREA (2 May 2023) — PBEC’s longest strategic partner, The Asian Development Bank (ADB) today announced the Innovative Finance Facility for Climate in Asia and the Pacific (IF-CAP), a landmark program which could significantly ramp up support...
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New Path on Inclusion, Resilience, and Sustainability announced by APEC Business Leaders at ABAC II meeting in Brunei

Brunei, Bandar Seri Begawan, 30 April 2023 - APEC Business Advisory Council (ABAC) members this week urged APEC Trade Ministers to leverage the challenges facing the region, including environmental risks, financial stress and the cost-of-living crisis, as opportunities to firmly...
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