APEC auto industry accelerates uptake of new-technology vehicles

BANGKOK: Members of the Asia-Pacific Economic Cooperation (APEC) are intensifying coordination to develop measures that promote the uptake of new-technology vehicles in a bid to meet climate commitments and to realise the APEC Putrajaya Vision 2040. In his remarks at the APEC Automotive Dialogue, deputy director-general of Thailand’s Office of Industrial Economics Krit Chansuwan said in […]

Apec ministers meet Monday amidst third-wave of Covid-19

KUALA LUMPUR: The Asia Pacific Economic Cooperation (Apec) Ministerial Meeting which commences tomorrow is expected to outline extraordinary measures to drive post-Covid-19 recovery and prosperity. To be chaired by Senior Minister cum Minister of International Trade and Industry, Datuk Seri Mohamed Azmin Ali, this year’s virtual meeting will be a continuation of the region’s efforts […]

Apec region faces $2.1 tln output loss in 2020

KUALA LUMPUR: The Asia-Pacific Economic Cooperation (Apec) region’s growth is expected to decline by 2.7 per cent this year, translating to an estimated output loss of $2.1 trillion compared with the 3.6 per cent growth in 2019, due to the economic fallout from the Covid-19 pandemic. Apec Secretariat executive director Tan Sri Dr Rebecca Fatima […]

Muhyiddin meets senior Miti officials to discuss Apec 2020, int’l trade

PUTRAJAYA: Prime Minister Tan Sri Muhyiddin Yassin today met with senior officials from the Ministry of International Trade and Industry (Miti) to discuss, among others, the organising of the Asia Pacific Economic Cooperation (Apec) 2020 summit. At the meeting attended by the Miti secretary-general Datuk Lokman Hakim Ali, Muhyiddin was also briefed on international trade and foreign investment sectors […]

Apec 2020 to focus on redefining role of trade, investment

LANGKAWI: Apec 2020 will focus on redefining the role of trade and investment from one that is solely for wealth creation to one that is also able to deliver social and economic inclusivity. Apec 2020 Senior Officials Meeting (SOM) chair, Hairil Yahri Yaacob said after 30 years of Bogor Goals’ direction for free and open […]

Apec urged to embrace shared prosperity

CYBERJAYA: Prime Minister Tun Dr Mahathir Mohamad has called on Asia-Pacific Economic Cooperation (Apec) member economies to embrace the shared prosperity philosophy and include it in their current economic model.  Malaysia, which will play host to Apec 2020 he said, had chosen the theme ‘Optimising Human Potential towards a Future of Shared Prosperity’ for next year’s […]