Welcome to APCAC

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The Asia-Pacific Council of American Chambers of Commerce (APCAC) consists of 27 member AmChams in 21 economies shown on the Google Earth map to the right. Click the link for more informatoin.

APCAC AmChams represent the growing interests of over 50,000 executives and over 10,000 businesses in the region.

The APCAC membership manages trade volumes in excess of US$ 400 billion and direct investments (FDI) of nearly US$ 300 billion. Click here for information on APCAC’s current leaders.

Upcoming Events

Jun 14-17 2009 APCAC Washington Doorknock AmChams from the Asia-Pacific Council of American Chambers of Commerce (APCAC) will meet with Executive Branch and Congressional leaders in Washington, DC to advocate on behalf of Americans abroad during APCAC’s annual Washington meeting, known as the APCAC Washington Doorknock.

Previous Events

Mar 18-21, 2009 42nd APCAC Annual Meeting and Conference, Singapore Every spring, leaders of APCAC AmChams gather in one of the host countries to review key issues in the Asia Pacific region, to meet leaders from the U.S. Government, regional institutions such as APEC, ADB, ASEAN, etc., and top political leaders of the host country. In 2009, around 240 enior-level delegates from the U.S. and throughout the Asia-Pacific region attended the conference, with some of the most distinguished economic experts from the region, such as Minister Lim Hng Kiang, Singapore’s Minister of Trade and Industry. Other speakers included Shengman Zhang, President Asia Pacific, Citi, Jeremy Pink, Asia Pacific President of CNBC, and David Ryan, Chairman of Southeast Asia, Goldman Sachs. Based on the discussions, APCAC issued a report with Recommendations for the New U.S. Administration

Issues Highlights

Leveraging Trade to Stimulate Growth: Recommendations for the New Administration from Americans Working in Asia AmCham Singapore, as Asia-Pacific Council of American Chambers of Commerce (APCAC) Secretariat, released the report of recommendations, a product of the APCAC Spring Conference on March 19 and 20, where 240 delegates from the U.S. and throughout Asia Pacific exchanged ideas on the regional business environment and offered recommendations to the new U.S. Administration.

IRS Notice 2008-107: Housing Cost Amounts Eligible for Exclusion or Deduction for 2008 Notice 2008-107 provides adjustments to the limitation on housing expenses for specific locations outside the United States for purposes of section 911 of the Internal Revenue Code. Click the link for details and to view the full notice.

Asia Wall Street Journal RSS Feed

BofA, in CCB Play, Stays Course
Wednesday July 1, 2009
Bank of America is raising its stake in state-owned China Construction Bank by more than $7 billion, to 19.1%.

Japan Enters Recession
Wednesday July 1, 2009
The world's second-largest economy has slipped into recession for the first time since 2001, joining Europe in a global economic downturn.

China Fuel Demand Falls
Wednesday July 1, 2009
China's diesel imports fell 46.4% in October from last year. Falling fuel demand is hurting CNPC, but stimulus spending is sparking consumption.

Auto, Banks Push Stocks Lower
Wednesday July 1, 2009
Asian shares declined, with shares of Japanese auto makers and banks leading the action to the downside in Tokyo.

Spending Lets Indonesia Grow
Wednesday July 1, 2009
Indonesia's GDP in the July-September quarter grew 3.54% from the prior three months as festive spending offset a slowdown in export growth.

China Downturn Risks Are Rising
Wednesday July 1, 2009
China's central bank said the risks of a downturn in the Chinese economy are growing, requiring steps to ensure adequate liquidity in the banking system.

Yes, Asia Can Still Help Drive Growth
Wednesday July 1, 2009
The world is in danger of overestimating the impact of the financial crisis on Asia, with China and India primed to help drive a recovery after a few tough quarters, according to a senior official at the Asian Development Bank.

Beijing Seeks Larger Role in Regulatory Revamp
Wednesday July 1, 2009
China wants to play a larger role in efforts to revamp regulation of the global financial system.

GM Sells Suzuki Stake
Wednesday July 1, 2009
General Motors said it sold its remaining 3% stake in Japan's Suzuki for about $230 million, highlighting its urgent need for operating cash.

Fitch Mulls Toyota Downgrade
Wednesday July 1, 2009
Fitch Ratings warned it might strip Toyota of its AAA credit rating amid the industry global woes.

Kodak Files Suit Over Camera Patents
Wednesday July 1, 2009
Eastman Kodak has sued Samsung and LG, accusing them of infringing Kodak patents in the design of camera phones.

EU, China Sign Consumer Pact
Wednesday July 1, 2009
The EU and China signed an agreement to cooperate better on consumer safety after scares such as contaminated Chinese milk and dangerous toy cars.

Indian Airline Cites Investor Interest
Wednesday July 1, 2009
Kingfisher Airlines, which is looking to raise cash, said that several international carriers are interested in buying a stake in the Indian airline.

HSBC Cuts Hong Kong Staff
Wednesday July 1, 2009
HSBC has cut another 450 jobs across all customer groups at its Hong Kong operation.

Amatil Dismisses Offer
Wednesday July 1, 2009
Coca-Cola Amatil rejected a $5 billion takeover proposal by Australia's second-biggest brewer, Lion Nathan.

Bomb in Afghanistan Kills Four
Wednesday July 1, 2009
A roadside bomb aimed at Afghan soldiers in southern Afghanistan killed four civilians, while a suicide bomb attack in the same region killed three other people.

AmCham Sri Lanka - Colombo

AmCham Sri Lanka (Colombo)