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PH biz leaders to attend ABAC-APEC Summit in Bangkok

Published Nov 10, 2022 04:34 pm

Local business leaders and members of the Asia Pacific Economic Cooperation (APEC) Business Advisory Council (ABAC) Philippines will participate in the ABAC-APEC Summit Meetings from Nov. 14-18 in Bangkok.

Aboitiz Group President and CEO Sabin Aboitiz, who is ABAC Regional Economic Integration Working Group (REIWG) Co-Chair | Lead for Services, is expected to discuss leveraging technology at the summit.

Aboitiz will be discussing key learning and business recommendations from the ABAC Service Public-Private Dialogue held last July 12.

Ultimately, the ABAC Dialogue pointed towards factors that Aboitiz has continuously promoted within the Aboitiz Group and for the Philippine economy: a revitalized entrepreneurial and innovative spirit of its people, while leveraging technology. These lessons and learnings will be shared in the meeting and may be adapted for greater and inclusive regional growth.


“We must all be constantly guided by a strong spirit of cooperation not just amongst ourselves as member nations, but also within ourselves as individual nations,” said Aboitiz.


Other ABAC PH members attending the summit include its chairman Tomas Alcantara and ABAC Finance Working Group Co-Chair Joanne de Asis. ABAC PH also includes the Makati Business Club’s (MBC) Guillermo Luz and Philippine Chamber of Commerce and Industry Inc. (PCCI) Chair Emeritus Francis Chua. Joining the Philippine delegation are AEV’s FVP|Chief Reputation & Sustainability Officer Ginggay Hontiveros, FVP|COS Geraldine Polanco, and MBC/ABAC PH Lead Staffer Patrick Chua.

ABAC members will be joined by heads of state and country presidents including Philippine President Ferdinand “Bongbong” Marcos, Jr., Australian Prime Minister Anthony Albanese, Canadian Prime Minister Justin Trudeau, and Papua New Guinea Prime Minister James Marape. This promises to herald stronger regional cooperation for sustainable and inclusive growth for all, with each economy having their views and voices heard.


The summit will officially open on November 14 with a ceremony presided over by Thai Deputy Prime Minister and Minister of Energy Supattanapong Punmeechaow. The summit opening ceremony will be followed by a series of productive discussions and meetings.

The next couple of days will include other insightful ABAC working group meetings, including the Finance and Economics Working Group Meeting co-chaired by fellow ABAC PH member Joanne de Asis.

On November 18, the ABAC Dialogue with Leaders will be held where ABAC Chair and Chairman of the Federation of Thai Industries Krieng Thiennukul will present on behalf of ABAC members the 2022 ABAC Report to Leaders.

APEC Chair Thai Prime Minister Prayut Chan-o-cha will then deliver his response on behalf of the APEC leaders. This will be followed by breakout sessions where the public and private sector leaders will come together with their respective expertise to discuss economic recovery, sustainability, regional economic integration, and digitalization and inclusion.


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