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WB Treasury and ABAC/APFF hosts APEC Virtual Catbond Workshop
The World Bank Treasury and the APEC Business Advisory Council (ABAC)/Asia-Pacific Financial Forum co-organized a virtual workshop on catastrophe bonds for the APEC Regional Disaster Risk Financing and Insurance Solutions Working Group, aimed at broadening the understanding and use of the catastrophe bond market in the Asia Pacific Region. Building economic resilience against shocks is […] -
APEC biz council welcomes new member
14 September – During the third meeting for the year, which was held virtually, the APEC Business Advisory Council (ABAC) officially welcomed their new members, including Sabin M. Aboitiz representing ABAC Philippines. “It is an honor for me to be appointed as a member of the ABAC Philippines. The Aboitiz Group’s participation in the ABAC […] -
Educators share key lessons on shift to e-learning
University heads from the Philippines and Australia shared their school’s experience in online education in the second ABAC PH virtual forum entitled “From Physical to Virtual Schools: The Education Sector Response to the COVID-19 Pandemic”, held last August 13. De La Salle College of St. Benilde President Br. Edmundo Fernandez and Melbourne-based RMIT University Executive […] -
Regional experts weigh in on the economic impact of COVID-19
COVID-19 has accelerated digital technology and innovation as a response to keep economies going in the time of lockdowns and quarantines. Dr. Abdul Abiad of the Asian Development Bank (ADB) and Dr. Denis Hew of the APEC Policy Support Unit (PSU) shared this view despite the impact of the pandemic to the regional economy during […] -
Biz council calls on government to ‘go-digital’ in the fight against COVID-19
ABAC Philippines (ABAC PH) urged the Department of Trade and Industry to address the short- and long-term impact of the COVID-19 pandemic to business and the economy. The group represents the Philippines to the APEC Business Advisory Council (ABAC), the private sector body in the APEC process. In a letter to Secretary Ramon Lopez, ABAC […] -
ABAC PH, APEC VOF PH alumni meet for virtual get-together
July 9 – The ABAC Philippines team led by member Guillermo Luz held an online meeting with APEC Voices of the Future Philippine alumni to catch up following the lockdown implemented since March. The COVID-19 pandemic has led to disruption of business operations in light of the quarantine protocols and social distancing measures imposed. Under […] -
PH biz leaders ‘meet’ Asia-Pacific peers to address COVID-19 crisis
ABAC Philippines has joined its business sector counterparts in APEC in a series of virtual discussions in May up to June to develop specific recommendations to address the health and economic impacts of the COVID-19 pandemic. ABAC, short for APEC Business Advisory Council, is the official private sector body in the APEC process. As the […] -
APEC cooperation and public-private partnership amidst COVID-19 pandemic
The APEC Business Advisory Council (ABAC) has called for APEC leadership and cooperation to fight the challenges to health and economies posed by the COVID-19 pandemic. “Saving lives is obviously what matters most right now,” said ABAC Chair Dato Rohana Tan Sri Mahmood. “That demands collaboration across the region on the knowledge and the tools […] -
Asia-Pacific business leaders meet to discuss priorities and future of APEC
Asia-Pacific business leaders gathered for the first APEC Business Advisory Council (ABAC) meeting in Sydney last February 12-15 to discuss its work plan for 2020 and the future of APEC for the next 10 years. The meeting touched on reforms urgently needed by the World Trade Organization and achieving sustainable growth with inclusive participation from […] -
Digital agriculture part 2
By: Roberto R. Romulo The Philippine Star One of the greatest challenges that humankind faces in the future is providing enough food for the table for a global population exceeding nine billion by 2050 which according to the UN Food and Agriculture Organization (FAO) will increase demand for food and feeds by 100 percent from […] -
APEC: A new phase of journey
By: Guillermo M. Luz Philippine Daily Inquirer / February 22, 2020 Last week, I attended the first quarterly meeting of 2020 of the APEC Business Advisory Council (ABAC) in Sydney, Australia. ABAC is composed of three members from each of the 21 economies which make up APEC or the Asia-Pacific Economic Cooperation. Collectively, these 21 economies make […] -
Post-2020 APEC must be dynamic, seamless, resilient, inclusive and sustainable – ABAC PH
ABAC PH member Guillermo Luz presented the Council’s inputs during the Multi-Stakeholder Consultation on Post-2020 Vision for APEC last October 14 at the Makati Diamond Residences. Presenting to representatives of different government agencies, private sector, and academe, Mr. Luz echoed the entire ABAC’s position for APEC’s future: “ABAC seeks a dynamic, seamless, resilient, and market-oriented Pacific region, […] -
Abac opposes Trump policies
By: Roberto R. Romulo The Philippine Star / September 20, 2019 The APEC Business Advisory Council (ABAC) was created by the leaders of the APEC member economies in 1995 to provide the business perspective to leaders on matters that would contribute to the realization of the common aspiration of a seamless Asia-Pacific region where goods […] -
ABAC PH, MBC hold briefing on APEC Cross-Border Privacy Rules
The APEC Business Advisory Council of the Philippines (ABAC PH), in partnership with Makati Business Club (MBC), held an Executive Briefing on APEC Cross-Border Privacy Rules (APEC CBPR) on September 12, 2019 in Makati Shangri-La. The goal of the briefing was geared towards discussing the APEC CBPR and its impact on the economy and Philippine businesses. National Privacy […] -
[PH Voices] Who Are These People?
By Paola Nicole Figueroa In November 2016, I was lucky to be part of the Philippine delegation sent to Lima, Peru to attend the APEC CEO Summit, under the APEC Voices of the Future (VOF) Program. I was an educator tasked to facilitate youth delegates, and also served as a representative and leader from my country. The summit […] -
APEC’s new data privacy rules
By: Guillermo M. Luz Philippine Daily Inquirer / August 17, 2019 The Asia-Pacific Economic Cooperation (Apec) has embarked on a journey to establish a region-wide data privacy framework. It’s called the Cross-Border Privacy Rules (CBPR), and the Philippines is about to enter this process. It’s a set of privacy rules that will facilitate the sharing of data […] -
CALL FOR APPLICATIONS: APEC Voices of the Future 2019
We are looking for delegates and educators who will best represent the Philippines for the APEC Voices of the Future 2019! Since 1998, youth from APEC economies get the opportunity to directly learn from and engage with government officials and business leaders of APEC. Through the VOF program, the movers and shakers of tomorrow engage the […] -
Support and strengthen WTO, mitigate impact of climate change – ABAC PH
7 August – APEC Business Advisory Council Philippines (ABAC PH) echoed the strong support for the World Trade Organization (WTO) and stressed the importance of mitigating the impact of climate change especially on the most vulnerable communities. These issues were highlighted by the region’s business leaders in the third ABAC meeting held last June 22-25 […]
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