19 November 2013 (Singapore) – With the US and Japanese economies now showing more positive signs, concerns of slowdown are now shifting from developed to emerging economies including China and India, according to the State of the Region report (www.pecc.org/research/state-of-the-region) which contains results from a survey of 560 opinion-leaders from around the region.
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Friday, October 4, 2013 (Bali, Indonesia) - The US government shutdown and the political stalemate over the deficit and budget could undermine US economic growth and pose a risk to the growth of the Asia-Pacific region at a time when recovery from the global crisis remains shaky. In the annual
State of the Region report released yesterday by the Pacific Economic Cooperation Council (PECC), the failure to come up with a package of economic and budget measures in the US was rated as the fifth highest risk to growth by 560 regional opinion-leaders. “While the survey was conducted almost two months ago, with the government shutdown, if the survey were conducted today, it would likely rank even higher,” said PECC Secretary-General Eduardo Pedrosa, coordinator of the Report. “At this time of economic volatility throughout the world, if these domestic political problems continue for much longer they have potentially far-reaching consequences beyond the US, as seen by our survey results.”
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Friday, October 4, 2013 (Bali, Indonesia) - With the US and Japanese economies now showing more positive signs, concerns of slowdown are now shifting from developed to emerging economies including China and India. According to the
State of the Region report, which contains results from a survey of 560 regional opinion-leaders, visible slowdown in China is cited as a top risk to growth. Over 60 percent of the respondents expected weaker growth for Asia’s biggest economy over the next 12 months. On the other hand, positive sentiments about the US economy have visibly shifted from 30% last year to 60% this year, as well as for Japan, with 55.4% showing optimism compared with mere 19.9% according to last year’s survey.
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Thursday, October 3, 2013 (Bali, Indonesia) - While the Asia-Pacific does not lack capital, the region needs platforms to raise funds for financing infrastructure projects, said government, business and academic leaders gathered in a seminar organized jointly by the Pacific Economic Cooperation Council (PECC) and the Boao Forum for Asia ahead of the Asia-Pacific Economic Cooperation (APEC) Economic Leaders’ Meeting, starting here on 7 October.
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Thursday, October 3, 2013 (Bali, Indonesia) - Strengthening regional connectivity – physical, institutional and people-to-people links – will ensure sustainable, balanced and inclusive growth in Asia-Pacific economies which are still recovering from the global crisis, said business, government, academic and media leaders in a seminar jointly organized by the Pacific Economic Cooperation Council (PECC) and the Boao Forum for Asia. This is especially important at a time of uncertainty when economies are still recovering from the global crisis and must focus on the quality of growth and not just GDP figures, they stressed.
More...PECC renews commitment towards an open and integrated Asia-Pacific
Wednesday, June 5, 2013 (Vancouver, BC, Canada) – The Pacific Economic Cooperation Council issued its Statement today at the conclusion of the 21st General Meeting of PECC held in Vancouver during June 4-5, 2013. The Council’s Standing Committee has been reviewing the changes in the geopolitical and economic landscape noting the larger variety of regional cooperation processes and the implications this had for Track 2 engagement. More...
Thought-leaders of the Asia-Pacific identify key trends shaping the region
Tuesday, June 4, 2013 (Vancouver, BC, Canada) – Will slower economic growth continue in Asia over the next few years? How will this affect regional and global economy? What will be the impact of rapid urbanization in the Asia-Pacific economies, particularly to the expanding middle class populations? How will different tracks under development in pursuit of free trade shape regional economic relations and how will they affect the ways in which businesses do business? These are some of the key questions that were addressed at the opening day of the 21st General Meeting of PECC or Canada-Asia 2013, which attracted over 500 leading industry and policy experts from Asia, Oceania, North and South Americas to discuss Asia’s future and Canada’s strategy for engagement. More...
APF Canada Hosts Canada-Asia 2013 Conference in June Featuring Experts from North America and Asia
Tuesday, April 16, 2013 (Vancouver, BC, Canada) – The Asia Pacific Foundation of Canada (APF Canada) today announced that it will host Canada-Asia 2013 , a major conference with leading industry and policy experts from North America and Asia to discuss Asia’s future and Canada’s strategy for engagement. The conference takes place at the Waterfront Fairmont Hotel in Vancouver, BC from June 3-5, 2013. More...
APEC needs to move beyond Bogor goals
Tuesday, February 26, 2013 (Singapore) - The Asia-Pacific region continues to face an uncertain economic environment with major economies undertaking stimulus measures to bolster growth. This environment points to an urgent need for the region to find new engines for growth. These new engines should make ensure that people benefit from the integration process. More...