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Welcome to APCAC

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The Asia-Pacific Council of American Chambers of Commerce (APCAC) consists of 25 member AmChams that represent the growing interests of over 50,000 executives and over 10,000 businesses in 19 countries and economies of the Asia-Pacific region, shown on the Google Earth map to the right.

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.

APEC CEO Summit, Nov 16-19, 2006. Hanoi, Vietnam

An opportunity for CEOs to participate in the APEC Leaders’ meeting, the APEC CEO Summit is one of the most prestigious annual events of the region, providing opportunities for business leaders to hear presentations from and to engage in discussions with APEC leaders, policy makers, academia, and other CEOs on the most critical economic and business issues facing the region. Click here for information on APEC CEO Summit.

Asia Wall Street Journal RSS Feed

China's Changfeng to Make U.S. Debut
Saturday October 28, 2006
China's Changfeng will bring four vehicles to Detroit's auto show in January, hoping to jump-start a calculated foray into the North American market.

ICBC Rises in Hong Kong, Shanghai Debuts
Saturday October 28, 2006
ICBC shares rose 15% in Hong Kong in line with analysts expectations, but they made a weaker-than-expected debut in Shanghai, gaining only 5.1%.

Matsushita's Profit More Than Doubles
Saturday October 28, 2006
Matsushita's net profit more than doubled on solid sales of flat-panel televisions, digital cameras and air conditioners.

NTT DoCoMo's Profit Falls 17%
Saturday October 28, 2006
Japan's NTT DoCoMo said its net profit fell 17% as sluggish phone sales and higher costs offset modest growth in mobile services.

Firms Raise Offers for H-3C
Saturday October 28, 2006
Private-equity firms raised their offers to acquire H-3C, the Chinese joint venture between Huawei and 3Com, to between $1.5 billion and $2 billion, as Texas Pacific dropped out of the bidding.

Asian Markets End Mostly Lower
Saturday October 28, 2006
Asian stocks ended mostly lower, with Hong Kong's market finishing down even as debut shares of ICBC soared. Japan's Nikkei Average edged lower as investors sold stocks to lock in gains.

NYSE, Tokyo Exchange Discuss Alliance
Saturday October 28, 2006
The Tokyo Stock Exchange has held discussions with NYSE about forging an alliance or a possible business combination.

Ford Sees China Driving Future
Saturday October 28, 2006
Ford's chairman arrived in China, where the auto maker is building two new plants as part of ambitious growth plans for Asia.

Cemex Sets Its Sights on Rinker
Saturday October 28, 2006
Mexico's Cemex is lining up an acquisition of Rinker, an Australian maker of construction materials that has a market capitalization of nearly $10 billion.

Airbus Plans for China Plant May Pose Risk
Saturday October 28, 2006
Airbus finalized plans to build an assembly plant in China for its A320 jets and announced a deal to sell 170 planes to Beijing.

Citic Plans to Buy Nations Energy Assets
Saturday October 28, 2006
China's Citic reached an agreement to buy an oil field in Kazakhstan from Nations Energy of Canada for $1.9 billion.

Sony's Net Profit Drops 94%
Saturday October 28, 2006
Sony's net income dropped 94% on a massive battery recall and production delays in the PlayStation 3, one quarter after a revival in its core electronics division seemed to point to a turnaround.

South Koreans Look North With Warmth
Saturday October 28, 2006
South Koreans continue to yearn for reconciliation with the North, even as the U.S. urges leaders in Seoul to get tough with Pyongyang.

Nissan's Net Profit Rises 31%
Saturday October 28, 2006
Nissan's net profit fell 7.6%, but its CEO said new models would boost the auto maker to record full-year earnings.

WTO Probes China's Tariffs on Auto Parts
Saturday October 28, 2006
The WTO launched its first formal investigation into allegations of illegal trade practices by China, establishing a panel to examine Beijing's tariffs on imported auto parts.

APN Is Latest Target of Media Bidders
Saturday October 28, 2006
Ireland's Independent News teamed up with Providence Equity Partners of the U.S. to make a buyout offer for Australia's APN News & Media.

Canon, Fujitsu Post Earnings Gains
Saturday October 28, 2006
Canon posted a 15% rise in net, and Fujitsu's profit more than doubled. Falling prices and weaker demand hurt JVC.

Net Falls at Top Japan Brokerages
Saturday October 28, 2006
Daiwa Securities and Nikko Cordial reported sharp declines in fiscal second-quarter net profit, reflecting a slump in their stock-trading businesses and rising costs.

TSMC's Net Rises 33%
Saturday October 28, 2006
TSMC's third-quarter net profit rose 33%, but the company warned continued inventory correction among makers of computers and mobile phones may damp growth during the next half.

Saipan Chamber of Commerce

The Saipan Chamber of Commerce started even before the political status of the Commonwealth of the Northern Mariana Islands (CNMI) was defined in 1978. Towards the end of 1959, a group of entrepreneurial businessmen got together to form a loose association of businesses. Today, the Saipan Chamber of Commerce is the largest private business organization in the Commonwealth of the Northern Mariana Islands. With over 140 business members, the Chamber is an association aligned to make a difference in the Commonwealth community.