#APEC2015 - updates

Rappler's latest stories on #APEC2015

ARTICLE FINDER

PH, Italy discuss trade boost via EU's zero-tariff scheme

Dec 03, 2015 - 6:49 PM

The European Union scheme grants PH exporters zero tariff for at least 6 274 products

BILATERAL MEETING. President Benigno S. Aquino III and Italian Republic Prime Minister Matteo Renzi troop the line for the arrival honors at the courtyard of the Palazzo Chigi for the bilateral meeting during his official visit on Wednesday, December 2, 2015. Photo by Joseph Vidal / Malacañang Photo Bureau)

6.9% Philippine GDP growth in Q4 unlikely – economists

Nov 26, 2015 - 6:27 PM

UPDATED Top economists give their take on the slower than expected Philippine economic growth

PH GDP grows 6% in Q3

Nov 26, 2015 - 11:05 AM

2ND UPDATE The country’s GDP growth in the previous quarter was the third fastest in the region after China’s 6 9 and Vietnam’s 6 8

Key lessons from APEC 2015

Nov 25, 2015 - 1:42 PM

It s learning about inclusive growth and ensuring it benefits the majority

LESSONS LEARNED. A delegate to the APEC SME Summit on November 17, 2015 shares his lessons learned from the event, and what Filipinos should look forward to post-APEC. Photo by Rob Reyes/Rappler

APEC led to losses for hotels, airlines

Nov 23, 2015 - 7:23 PM

Local airlines suffer millions of dollars in foregone revenues while some hotels went on lockdown during APEC

LOCKDOWN. The Ninoy Aquino International Airport and some Metro Manila hotels are on a lockdown last week due to the APEC Economic Leaders' Meeting. Photo by Jedwin M Llobrera / Rappler

PH 'father of semiconductors' shows APEC what innovation can do

Nov 22, 2015 - 3:27 PM

Dado Banatao grew up walking barefoot to school and ended up a Silicon Valley innovator At APEC 2015 he proves the innovation equation for inclusive growth

Woman behind Care.com shares roots of her online empire

Nov 21, 2015 - 7:41 PM

Sheila Marcelo founder and CEO of Care com created waves when her company raised millions of dollars in a Wall Street IPO But to get there she needed to hurdle several roadblocks

BABYSITTING EMPIRE. Needing around-the-clock care for her two sons and an ailing father, the idea of Care.com was born. Photo by Alecs Ongcal/Rappler

IN PHOTOS: Behind the scenes of the APEC Summit

Nov 21, 2015 - 10:57 AM

A glimpse of what happens behind the scenes when business and economic leaders meet

Josette Sheeran on the 'APEC divide' from both extremes

Nov 21, 2015 - 10:25 AM

UPDATED The former head of the World Food Programme and vice chairman of the World Economic Forum provides an insight into the relevance of high level summits like APEC

#APEC2015: Most talked about stories

Nov 20, 2015 - 8:45 PM

Here s what our followers shared read discussed and reacted to the most during APEC week

IN PHOTOS: APEC spouses in Intramuros

Nov 20, 2015 - 3:17 PM

Even the annual APEC meet is more fun in the Philippines as leaders wives get a glimpse of Philippine heritage

IMF to APEC leaders: Trade growth a disappointment

Nov 20, 2015 - 2:51 PM

The International Monetary Fund says the solution is to help small businesses enter global markets

GROWTH ISSUES. Asia-Pacific Economic Cooperation (APEC) 2015 chairman President Benigno Aquino III (left) huddles with (clockwise from Aquino's left): Republic of Chile President Michelle Bachelet; Independent State of Papua New Guinea Prime Minister Peter O'Neill; United Mexican States President Enrique Peña Nieto; United States of America President Barack Obama; and Canadian Prime Minister Justin Trudeau. These APEC leaders are told by the International Monetary Fund that growth has been disappointing in the region. Photo by Gil Nartea / Malacañang Photo Bureau

APEC 2015: Services taking over trade in Asia

Nov 20, 2015 - 11:00 AM

APEC leaders see the services sector as the future of Asia trade says Bollard

SERVICE ORIENTED. APEC Executive Director Dr. Alan Bollard describes the services sector as the future of Asia Pacific.

APEC leaders: Intensify efforts for MSMEs, embrace digital economy

Nov 19, 2015 - 9:11 PM

APEC leaders reiterate actions laid out in the Boracay Action Agenda to globalize MSMEs and report progress by 2020

From Basket Case. One of Basket Case's bags that showcase a Filipino painting. Founder Gigi Phua-Lim sells the bags at reasonable prices to make art accessible to the public. Photo by Pat Nabong/Rappler

APEC 2015: Summit ends with looming trade deal competition

Nov 19, 2015 - 7:52 PM

The leaders declaration reiterates the need for an APEC wide free trade agreement

CONCLUDING. The leaders of Asia-Pacific Economic Cooperation's (APEC) 21 economies discuss how to boost regional trade at the 2015 APEC Economic Leaders' Meeting held on Thursday, November 19, 2015.

How Filipina engineer shared spotlight with Obama, Jack Ma

Nov 19, 2015 - 3:01 PM

Entrepreneur Aisa Mijeno shares how the White House managed to bring her to the APEC CEO Summit even if she wasn t qualified to attend it

PANEL ON CLIMATE CHANGE. Aisa Mijeno, founder of Sustainable Alternative Lighting tells US President Barack Obama and Alibaba founder Jack Ma what innovators like her need to make positive changes in the world.

Obama to TPP members: Ratify deal soon

Nov 19, 2015 - 9:45 AM

UPDATED In Manila the US President asks leaders of TPP countries to ensure its quick enactment

HISTORIC MEETING. Trans-Pacific Partnership (TPP) leaders (From left) Australian Prime Minister Malcolm Turnbull, Brunei's Sultan Hassanal Bolkiah, Canadian Prime Minister Justin Trudeau, Chilean President Michelle Bachelet, Japanese Prime Minister Shinzo Abe, Malaysian President Najib Razak, US President Barack Obama, Mexican President Enrique Pena Nieto, New Zealand's Prime Minister John Key, Peruvian President Ollanta Humala, Singapore's Prime Minister Lee Hsien Loong and Vietnam's President Truong Tan Sang wave as they pose for a family photo prior to a meeting on the sidelines of the Asia-Pacific Economic Cooperation (APEC) Summit in Manila on November 18, 2015. Photo by Saul Loeb/AFP

Is Trans-Pacific Partnership friendly to small businesses?

Nov 19, 2015 - 6:43 AM

New Zealand and Hong Kong s leaders also weigh in on a trade deal for the region while China pushes for the FTAAP

INFOGRAPHIC: A preview of the 21 APEC member economies

Nov 18, 2015 - 5:49 PM

This year s APEC Economic Leaders Meeting also includes Colombia as an observer

Alibaba's Jack Ma: Set up world body for small businesses

Nov 18, 2015 - 10:38 AM

Trade is a human right not to be used as a tool against an economy says Alibaba founder Jack Ma

AID TO SMALL GUYS. 'If China can do it, then other nations can do it. We have helped Chinese small businesses to sell on our platform. You can do it, too,' Alibaba's Jack Ma says

Manila, Cebu behind APEC peers on liveability, doing business

Nov 18, 2015 - 6:29 AM

We have 17 cities in Metro Manila One guy won’t move the needle It takes all 17 guys Guillermo Luz co chairman of the National Competitiveness Council says on the sidelines of APEC2015

APEC 2015: AirAsia banks on Philippines after first airliner disaster

Nov 17, 2015 - 8:30 PM

We will keep discovering new places and new things It is a challenge here but there is big prize at the end of the day in the Philippines AirAsia Group CEO Tony Fernandes says on the sidelines of APEC2015

HIGHEST LOAD FACTOR. 'We are optimistic. [In terms] of passenger traffic, the Philippines is actually the best,' Tony Fernandes of AirAsia says. Photos by Rob Reyes/Rappler

APEC SME Summit 2015: Lessons from Xurpas, Rappler

Nov 17, 2015 - 8:00 PM

Even with limited resources online startups can be successful with the right people and a creative approach to solving problems

TECH LESSONS. Xurpas CEO Nix Nolledo and Rappler CEO Maria Ressa answer questions from TV broadcaster Karen Davila. Photo by Rob Reyes/Rappler

APEC 2015: Uber positions itself as solution to congested roads

Nov 17, 2015 - 9:29 AM

In a country like the Philippines the debate is not on regulations It’s on helping your economy grow Uber Senior Advisor David Plouffe says on the sidelines of APEC2015

'CURE TO CAR CONGESTION'. Uber's David Plouffe says around 1.1 million drivers are on the Uber platform as of November 2015. Photo by Alecs Ongcal/Rappler

Mama Sita's president: We're strangers to the ASEAN market

Nov 15, 2015 - 9:00 PM

Yet we have to do it we have to nurture ASEAN even if we re strangers to each other Clara Reyes Lapus says and shares how Mama Sita is trying to penetrate the foreign market

Photo by Alecs Ongcal/ Rappler

Why APEC trade repository will benefit small businesses

Nov 15, 2015 - 4:09 PM

UPDATED The portal which is a work in progress is aimed to provide timely information for micro small and medium enterprises to navigate cross border trade

PORTAL. (From left) DTI assistant secretary Rodolfo Ceferino; Mama Sita president Clara Reyes-Lapus; and Bureau of Import Services director Luis M. Catibayan launch on Sunday, November 15, 2015, the APEC trade repository, an online portal aimed to arm micro, small, and medium enterprises with information relevant to cross-border trade. All photos by Alecs Ongcal/Rappler

Indonesia VP Kalla to attend #APEC2015 instead of Jokowi

Nov 15, 2015 - 11:53 AM

Vice President Jusuf Kalla explains why he is attending APEC and not President Joko Widodo what Indonesia s priorities are at APEC and what they plan to do with the Trans Pacific Partnership

REPRESENTING INDONESIA. Vice President Jusuf Kalla shows his TPP guide to Rappler before he departs for APEC in Manila. Photo by Rappler

APEC initiatives to kick in by 2016 – ABAC

Nov 14, 2015 - 6:02 PM

APEC Business Advisory Council ABAC 2015 says the work for promoting inclusive growth in the region will begin after the summit closes next week

MOVING FORWARD. The APEC Business Advisory Council (ABAC) 2015 gather to come up with recommendations that will address private sector concerns, mainly on putting the services sector at the forefront of international trade. All photos by Rob Reyes/Rappler

What do businessmen expect from APEC 2015?

Nov 14, 2015 - 11:11 AM

Business leaders weigh in on what they expect from the APEC leaders summit in Manila next week

WISH LIST. From strengthening MSMEs to preparing for disasters, business leaders like (from left) Tony Tan Caktion, John Forbes, Joey Concepcion, and Jaime Augusto Zobel De Ayala voice out issues they hope to be tackled by the APEC leaders.

APEC 2015: How to make economic growth inclusive

Nov 13, 2015 - 6:30 PM

Growing economies in a manner that is quick and equitable is this year s tall order the APEC Business Advisory Council 2015 says

SPREADING PROSPERITY. These world leaders cite their own initiatives to link small players to the supply chain. From left: CEMEX Philippines' Arturo Rodriguez Jalili; PT Indofood Sukses Makmur Tbk Franciscus Welirang; Ayala Corporation's Jaime Augusto Zobel de Ayala; Banco de la Microempresa's Cesar Vela Bazan; United Nations Development Program's Marcos Athias Neto. Photo by Rob Reyes/Rappler

Binay to welcome APEC leaders on state visits to PH

Nov 13, 2015 - 4:33 PM

Opposition leader Vice President Binay says of APEC week: Let us set aside politics and do what needs to be done for the good of the country

VP'S FUNCTION. Vice President Jejomar Binay will welcome leaders on a state visit to Manila next week, as he did with US President Barack Obama in April 2014. File OVP photo

APEC 2015: Where PH stands in the Trans-Pacific Partnership

Nov 13, 2015 - 9:30 AM

UPDATED Interest in the TPP has surged on the eve of the APEC summit but it will take awhile to come into force say experts

JOINING THE CLUB. The 12 member TPP currently encompasses the United States, Australia, Brunei Darussalam, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, and Vietnam.

APEC 2015: PH launches initiative to transform MSME financing

Nov 12, 2015 - 10:18 PM

We are putting our money where our mouth is in putting more fuel to Asia Pacific s growth engine ’ says Finance Secretary Cesar Purisima

DELIVERED. APEC finance ministers unveil a marker to commemorate the launch of Cebu Action Plan in September of which the FIDN initiative was one of the deliverables. File photo from the Department of Finance

APEC 2015: A sense of déjà vu

Nov 12, 2015 - 7:00 PM

The current and former NEDA chiefs compare the Philippine economy on the eve of the country s hosting of the APEC summit in 1996 and in 2015 Then and now the global community saw the country as poised to reach great economic heights

APEC 2015: Robust Internet needed to link MSMEs to global supply chain

Nov 12, 2015 - 5:26 PM

The Philippines slow Internet bandwidth could be putting the brakes on its own attempts to push its micro small and medium enterprises MSMEs to the forefront of the Asia Pacific region

PUTTING BRAKES. Senator Paolo Benigno Aquino IV says 'Internet connection is the bedrock of entrepreneurs.' In the photo are GoNegosyo's Joey Concepcion, Magsaysay Shipping's Doris Magsaysay-Ho and Aquino. Photos from Chrisee Dela Paz/Rappler

APEC 2015: 20,000 PH firms engaged in development work

Nov 12, 2015 - 4:00 PM

Top government officials and business leaders come together to discuss inclusive business models to kick off APEC 2015’s crowning week

Philippines as APEC host: Bending over backwards for VIPs

Nov 12, 2015 - 10:19 AM

From security personnel diplomatic protocol the seat plan and special food requests the Philippines is preparing to be the perfect host to 20 world leaders for the APEC summit

DETAILS, DETAILS. President Aquino inspects a room for one of the APEC meetings at the Philippine International Convention Center. Malacañang Photo Bureau

What will the Philippines gain from hosting APEC 2015?

Nov 11, 2015 - 9:01 PM

The APEC Business Advisory Council says larger economies are curious about the country s growth story

ALL EYES. The Philippines becomes the world's biggest stage for a week as it hosts this year's APEC. In the photo are (from left) APEC Business Advisory Council’s Jaime Augusto Zobel de Ayala,Tony Tan Caktiong, and Guillermo Luz. Photo by Franz Lopez/Rappler

Making region MSME-friendly could be APEC 2015's success

Nov 08, 2015 - 5:07 PM

Before pushing for a MSME friendly region some economists say the Philippines should first resolve its own policy gaps and conflicts that disempower microentrepreneurs

MSME-FRIENDLY REGION. In 1996, liberalizing the telecommunications services sector was considered APEC's major success. This year, it could be putting micro entrepreneurs at the centerstage

Women are prime movers of inclusive growth – APEC leaders

Sep 19, 2015 - 10:33 AM

They also push for addressing gender disparities in women s labor force participation and strengthening their role in growing MSMEs

Tech disruptions provide opportunities for women

Sep 18, 2015 - 12:47 PM

Technology has facilitated policies designed to level the playing field and provide a better work life balance and new platforms for women APEC business leaders point out

GLOBAL WOMEN. (seated from left) Adaire Fox-Martin is joined by Ümran Beba, senior vice president and chief HR officer of Pepsi Co Asia and Digital Filipino founder Janette Toral at a roundtable discussion on women and international markets.

DTI chief makes final push for MSMEs initiatives

Sep 17, 2015 - 6:34 PM

Gregory Domingo also confirms he will stay as DTI chief at least until after the country s hosting of the APEC Leaders’ Summit in November

FINAL PUSH. DTI chief Gregory Domingo says he will continue pushing initiatives for micro, small and medium enterprises, which represent 98% of all registered businesses.

Aquino: Women are better partners for inclusive growth

Sep 17, 2015 - 1:49 PM

Harnessing the talents and potential of all women can bring about inclusive progress sooner rather than later the President says

President Benigno S. Aquino III delivers his speech during the Asia-Pacific Economic Cooperation (APEC) Women and the Economy 2015 Fora Public Private Dialogue on Women and the Economy (PPDWE) at the Reception Hall of the Philippine International Convention Center (PICC) in Pasay City on Thursday (September 17, 2015). With theme: “Women as Prime Movers of Inclusive Growth.” The PPDWE supports the Policy Partnership on Women and the Economy (PPWE) by gathering more participation from multi-sector key players from the private sector, academia, and civil society for dialogue and exchange of learning and best endeavors to advance gender integration, gender equality and women’s economic empowerment agenda in APEC. (Photo by Joseph Vidal / Malacañang Photo Bureau)

Public-private partnerships save gov't P300B – DPWH

Sep 16, 2015 - 9:30 PM

The Department of Public Works and Highways also earmarks P21 13B for right of way delivery for all PPP projects

BIG HELP. DPWH says private sector is a big help in implementing and financing huge infrastructure projects. In the photo are San Miguel Corporation engineers monitoring the construction of NAIA Expressway. Photo by Chrisee Dela Paz/Rappler

Economic role of women boosted by APEC health toolkit launch

Sep 16, 2015 - 6:45 PM

The APEC Healthy Women Healthy Economy Policy Toolkit will be pilot tested in the Philippines for 6 months

BREAKING BARRIERS. APEC, the local government, and the private sector came together to produce the toolkit being shown off by representatives. (From left) DOH Undersectary Kenneth Hartigan-Go; ABAC chairperson Doris Magsaysay-Ho; US ambassador-at-large Catherine Russell; DTI Undersecretary Nora Tarredo; DOH's Dr. Paulyn Jean B Rosell-Ubial; and Merck Healthcare CEO Dr. Belen Garijo. Photo by Chris Schnabel / Rappler

Aquino wants DTI's Domingo to stay until APEC summit

Sep 14, 2015 - 5:46 PM

Trade Secretary Gregory Domingo says his resignation date can be adjusted as the President told him some Cabinet members think he should stay until the country concludes its Asia Pacific Economic Cooperation meetings hosting

WON'T YOU STAY? President Aquino hopes that Trade and Industry Secretary Gregory Domingo (left) will see the country's hosting of Asia-Pacific Economic Cooperation meetings through conclusion. Photo from the Malacañang Photo Bureau

Trade Secretary Domingo resigns – Palace

Sep 12, 2015 - 5:02 PM

3RD UPDATE Domingo s resignation is still under consideration says Palace Communications Secretary Herminio Coloma Jr

Asia-Pacific finance ministers vow to shun competitive devaluation

Sep 12, 2015 - 9:57 AM

We will refrain from competitive devaluation and resist all forms of protectionism say APEC finance ministers in a statement

UNVEILED. APEC finance ministers unveil a marker to commemorate the Cebu Action Plan. The work of Toym Imao, the marker is a 4-meter tall sculpture of pounded brass on 4 black granite pedestals representing the plan's pillars. Photo from the Department of Finance

Cebu Action Plan launched

Sep 11, 2015 - 7:46 PM

The plan which has 4 pillars from financial integration to infrastructure development and financing is eyed as the lasting legacy of the Philippines’ APEC hosting

UNVEILED. APEC finance ministers unveil a marker to commemorate the Cebu Action Plan. The work of Toym Imao, the marker is a 4-meter tall sculpture of pounded brass on 4 black granite pedestals representing the plan's pillars. Photo from the Department of Finance

6 APEC economies sign up for Asia Regional Funds Passport

Sep 11, 2015 - 5:03 PM

The Asia Regional Funds Passport is seen to generate savings of 20 billion annually in fund management costs and create 170 000 jobs in APEC economies within 5 years

SIGNED. Australia, South Korea, New Zealand, Thailand, Japan, and the Philippines sign the Statement of Understanding on the Asian Regional Funds Passport which, once implemented, will pave the way for a multilateral arrangement that will facilitate the cross-border marketing of managed funds among participating economies. Photo from the Department of Finance