Press October 2013

  • APEC Can Create Jobs, Growth Via Creative Economy

    South Korea has looked to the APEC forum to lay comprehensive guidelines for working toward economic integration. READ MORE
  • Pacific Rim Leaders Urge New Focus on Global Trade Talks

    Leaders at the Pacific Rim economic summit meeting declared at the end of their two-day meeting here Tuesday that the global trade talks known as the Doha round were at an "impasse" and urged trade ministers, due to meet here in December, to get negotiations back on track. READ MORE
  • More Investment Expected to Flow After APEC Meeting

    Many business interactions that are expected to speed up the flows of investment have taken place during the APEC meetings in Nusa Dua Bali from Oct. 1 to 8, Indonesian ministers said here on Tuesday. READ MORE
  • APEC Leaders Bring Seven Agreements

    World leaders in the APEC Summit have agreed on seven points which are to increase efforts to achieve the Bogor goals, to improve trade and traffic between APEC member countries, to accelerate physical connectivity, to materialize inclusive and strong global economic growth, to strengthen food security, to ensure synergy of actions between member countries and partnership in the business sector. READ MORE
  • RI Hands over Chairmanship to China

    Indonesia officially handed over on Monday the rotating chairmanship of the Asia-Pacific Economic Cooperation (APEC) forum to China, which will host the forum’s summit in Beijing next year. Yu Ping, the Deputy Chairman of the China Council for the Promotion of International Trade (CCPIT), told reporters at a press briefing that China will focus on preparatory work for now. READ MORE
  • APEC Leaders Discuss Economic Growth with Business Council

    The 21st APEC Economic Leaders' Meeting began here on Monday with a APEC Business Advisory Council (ABAC) dialogue, which detailed what steps should be taken to spur global growth, a statement said. READ MORE
  • HTC providing Taiwanese delegation at APEC with free smartphones

    Taiwanese smartphone vendor HTC is offering free smartphones to the Taiwanese delegates at the Asia-Pacific Economic Cooperation forum leaders' summit in Indonesia, a source familiar with the matter said Monday. The move is a way of showing support for Taiwan's participation in the high-profile event while at the same time promoting the company's products before world leaders, the source said. READ MORE
  • China’s Xi takes advantage of Obama absence from Asia-Pacific trade summit

    China’s Xi takes advantage of Obama absence from Asia-Pacific trade summit Chinese President Xi Jinping took advantage Monday of PresidentObama’s absence from the premier Asian trade and economic summit to push its own offers to neighboring nations. China is next door and seeks economic ties that benefit and unite all states in the region of expanding economies, Xi said as the Asia-Pacific Economic Cooperation forum got underway without full participation from the United States, the world’s largest economy. READ MORE
  • SBY underscores need for multilateral trade system in Asia Pacific

    President Susilo Bambang Yudhoyono has asserted the need for the Asia-Pacific Economic Cooperation (APEC) forum to agree a multilateral trade system that was non-discriminatory and transparent. “A multilateral trade system can become an important source of sustainable economic growth, development and stability,” said the President when he opened the APEC Summit in Nusa Dua, Bali, on Monday. READ MORE
  • APEC 2013 in Bali – a foretaste of APEC in Manila 2015

    The theme chosen for the Indonesia APEC meetings is connectivity and inclusive growth in the Asia-Pacific, far from the original Bogor goals of a free and open trade and investment zone set 19 years ago, but many hope will hasten that. More of the advanced member economies insist on trade and investment liberalization (TILF) agenda to be the focus. However, the concern of the Association of Southeast Asian Nations (ASEAN) members is that the emphasis on the TILF issues has resulted in greater income inequality in their region (40% in the Pacific Economic Cooperation Council [PECC] survey felt that way, vs. an average of 27% for all respondents from the entire Asia-Pacific). READ MORE