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PM: Renew commitment to Apec’s goal
BY STRAITS TIMES – Twenty years ago, a group of 12 economies went against the grain, deciding to band together and commit to free trade. Now, in a pivotal moment in economic history, the 21-member Asia-Pacific Economic Cooperation (Apec) must once again take the lead in breaking down trade barriers and helping global businesses. That was Prime Minister Lee Hsien Loong's call to his fellow Apec ministers, as he welcomed them to the Apec talks taking place here this week. -
Apec must set sights on free trade area
BY STRAITS TIMES – APEC has overcome many hurdles in its 20 years of existence, but it should now set its sights on forging a free trade area comprising almost half the world's trade. That call by Foreign Minister George Yeo came yesterday at a symposium to mark the Asia-Pacific Regional Forum's 20th anniversary. The timeframe he had in mind was around two years. -
APEC 5 Green Steps: Facilitating Green Business in the Asia-Pacific Region
BY SUNVIANA SUNARYO - Businesses around the globe are currently facing two of the most detrimental crises of the 21st century – a financial crisis and an environmental crisis. I believe focusing only on financial concerns will be a big historic mistake. Hence, global environmental issues and promoting sustainable economic growth should be an imperative worldwide agenda, constituting an important topic for discussion in many forums, organizations and cooperation, including Asia-Pacific Economic Cooperation (APEC). -
Pacific Asia and the Asia Pacific: The Choices for APEC
BY C. FRED BERGSTEN – In this policy brief, I assess the record of the APEC over the 20 years of its existence and discuss the world environment in which APEC is likely to be operating in the next 20 years, with a particular focus on the major change in global institutional arrangements implied by the replacement of the Group of Seven/Eight (G-7/8) by the Group of Twenty (G-20) as the chief steering committee for the world economy and, within that group and other international economic organizations, the increasingly central role of an informal and de facto Group of Two (G-2) between China and the United States. -
The Economic Crisis: A Time for APEC to Find Its Role
BY CHARLES E. MORRISON, JUSUF WANANDI & TAN KHEE GIAP - In a little over a month’s time, leaders from the Asia-Pacific economies will gather in Singapore for the annual APEC summit. This meeting comes at a very opportune time. It will be sandwiched nicely between the Pittsburgh G-20 summit meeting and the forthcoming Copenhagen Climate Change Conference. -
APEC to focus on protectionism, trade imbalances
By Neil Chatterjee SINGAPORE, Oct 20 (Reuters) – Leaders of Asia-Pacific nations will focus on protectionism, trade imbalances and the ease of doing business when they meet in Singapore next month, the director of the APEC grouping said on Tuesday. These are issues that have emerged as threats to a global economic recovery for the Asia Pacific [...] -
Speech by Mr Raymond Lim at PECC Conference
By Raymond Lim . It is my pleasure to join you for dinner. Let me first extend a warm welcome to all of you, especially to our overseas friends who have come to Singapore to attend this conference. 2 The global economic situation has eased since the financial crisis started about a year back. Leading indicators are looking [...]
