A string of costly earthquakes and extreme weather, including the acceleration of the Pacific typhoon season, has prompted new action in APEC to enhance economic security in the world’s most natural disaster-affected region.
APEC member economies experience 70 per cent of all disasters globally and sustain over USD100 billion in relat..
Korea has become the latest member of the APEC Cross-Border Privacy Rules System, strengthening the growth potential of the e-commerce sector and protection of the rapidly increasing volume of sensitive consumer data used in online transactions in the Asia-Pacific.
The integration of Korea’s privacy laws with the system – a volu..
With 75 million youth currently unemployed today, policymakers have to bridge the gap between a critically low supply of highly skilled professionals and the urgent demand among employers for a skilled workforce. By 2020, the global shortage of highly-skilled workers is expected to reach 38-40 million.
Current advances in the digital age re..
Trade officials from APEC member economies and the USD1.3 trillion fashion industry have sewn a new partnership to make it easier for up and coming designers in the Asia-Pacific to build their brands and trade internationally.
Under the arrangement, officials, together with fashion designers and industry groups, have commenced work to ..
As technology becomes integrated throughout all corners of the economy, the importance of skilled labor in science, technology, engineering and mathematics (STEM) has increased over time. However, there is still a significant gender gap in these fields that needs to be addressed within APEC’s 21 member economies.
“We know from the dat..