Welcome to APCAC

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The Asia-Pacific Council of American Chambers of Commerce (APCAC) consists of 25 member AmChams in 19 countries and 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 19 countries and economies of the Asia-Pacific 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

Executive Committee/Executive Directors Meeting Oct 2008, Jaipur, India
Annual fall meeting to discuss best practices in managing AmChams, review planning of the annual spring meeting. Details to be provided.

41st APCAC Annual Meeting, Mar 2007, Agana, Guam, USA
Every year, leaders of APCAC AmChams gather 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. Details to be provided.

Previous Events

40th APCAC Annual Meeting, March 23, 2007, Ho Chi Minh City, Vietnam
Every year, leaders of APCAC AmChams gather 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 addition, they prepare for the annual June APCAC “Washington Doorknock.” Click the link for information about this event. Click here for the Schedule/Agenda of the meeting with links to download all of the presentations and background reading provided at the 40th APCAC Annual Meetting

APCAC “Washington Doorknock,” June 10-14, 2007, Washington DC
The Washington Doorknock is APCAC’s annual meeting in Washington DC with leaders of the U.S. Government Executive Branch (White House, State, Treasury, Commerce, Homeland Security, U.S. Trade Representative, etc.) and Legislative Branch, both the Senate and the House of Representatives, to discuss key issues in U.S. relations with the Asia Pacific region and countries.

Asia Wall Street Journal RSS Feed

Philippine GDP Sets Hot Pace
Thursday August 30, 2007
Philippine GDP grew at a 7.5% annual rate in the second quarter, the fastest pace in two decades. President Arroyo said the government was confident "of meeting our full-year growth forecast of 6.1% to 6.7%," citing passage of a budget that has buoyed investor confidence.

China's Finance Minister Steps Down
Thursday August 30, 2007
China's finance minister resigned in an unusually abrupt change ahead of a major Communist Party conclave in October, but his departure is unlikely to result in any significant policy shift.

China Passes Antitrust Law
Thursday August 30, 2007
China passed landmark antitrust legislation that foreign business groups cautiously welcomed, saying they hoped it would contribute to greater openness but were waiting to see how it would be applied.

Taliban Frees Remaining Hostages
Thursday August 30, 2007
Taliban militants released the final three of 21 South Koreans they had been holding, bringing to an end a six-week hostage drama.

Toyota Sizes Up Credit Woes, Yen
Thursday August 30, 2007
Toyota's president said U.S. subprime fallout will affect the car maker's sales, but the impact will be minimal.

Former Pakistani Leader to Challenge Musharraf
Thursday August 30, 2007
Pakistani ex-leader Sharif said he will return from exile Sept. 10 to challenge Musharraf for the presidency.

China, Japan Set Naval Port Calls
Thursday August 30, 2007
China's military growth isn't aimed at threatening any state, the defense chief said in Japan, stressing Beijing is working to improve transparency.

Chinese Firms Take Advantage of Bond Rules
Thursday August 30, 2007
Big Chinese firms like Vanke are taking advantage of newly relaxed regulations to raise funds through bond sales.

Asia Fund Raising Remains Robust
Thursday August 30, 2007
Investment fund raising in Asia shows no sign of abating even as tighter conditions create a crunch elsewhere.

AirAsia's Profit Soars
Thursday August 30, 2007
AirAsia reported a 41% jump in fiscal fourth-quarter earnings and said it will start its new Vietnam operation in six to nine months.

China Rejects Midea Stake-Sale Plan
Thursday August 30, 2007
China's securities regulator rejected Guangdong Midea's plan to sell a minority stake to a Goldman Sachs unit.

Central Banker's Comment Raises a Ruckus
Thursday August 30, 2007
A Bank of Japan policy-board member scrambled to clarify suggestions he made that it would be hard to raise rates in September if the U.S. cuts its rates, stressing that the bank decides policy independent of other central banks and will raise rates if conditions require such a move.

Toys 'R' Us Recalls Crayon, Paint Sets
Thursday August 30, 2007
Toys "R" Us has recalled 27,000 crayon and paint sets made in China because their packaging and some of the paint contain lead.

GE May Sell Japan Lending Unit
Thursday August 30, 2007
GE is keeping all options open on its Japanese consumer-loan operations, including the possible sale of its Lake unit.

Minsheng Bank Posts Jump in Net
Thursday August 30, 2007
China Minsheng Banking said its first-half net profit rose 66% from a year earlier on growth in assets and its fee-based intermediary business.

Oil India Stakes to Be Sold
Thursday August 30, 2007
India's federal cabinet agreed to sell a 10% equity stake in state-run Oil India through an IPO and sell an additional 10% to three state-run oil companies to help give them a foothold in the exploration and production sector.

Shanghai Industrial's Net Jumps
Thursday August 30, 2007
Shanghai Industrial said its first-half earnings rose 49% from a year earlier on an increased contribution from its consumer operations as well as gains from asset disposals.

Chunghwa Telecom Profit Rises
Thursday August 30, 2007
Chunghwa Telecom said its first-half net profit rose 11% from a year earlier, boosted by higher revenue from Internet and mobile-phone services.

Tattersall's Shares Slide
Thursday August 30, 2007
Tattersall's reported that its fiscal-year net profit doubled. But the lottery operator's share price slumped 10% as investors feared that a shutdown in horse racing in parts of Australia would cut into the gambling company's revenue.

Rio Tinto's $40 Billion Loan Syndicated
Thursday August 30, 2007
Rio Tinto completed syndication of a $40 billion loan to fund its Alcan takeover and said it plans to eventually refinance some debt with a bond issue.

Basis Fund Seeks Bankruptcy Protection
Thursday August 30, 2007
Australia's Basis sought U.S. protection for its Yield Alpha Fund after losses related to the subprime-debt crisis.

American Business Council of Pakistan - Karachi

The American Business Council of Pakistan (ABC) was formed in 1984, and represents the largest group of single country investors in Pakistan. ABC has 60 members, most of whom are Fortune 500 companies, with revenues of about US$ 2.5 billion and an investment of almost US$ 1.5 billion, employ over 25,000 employees directly that support 125,000 dependents, and indirectly employ well over 500,000 people with agents, distributors, etc.