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.

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Hyundai Chairman Is Found Guilty
Monday February 5, 2007
Hyundai Chairman Chung's sentencing to a three-year prison term following a conviction on embezzlement and fraud charges shows that Korean courts may now be joining a movement seeking better governance from corporate chieftains.

Merrill Lynch Hires Margaret Ren
Monday February 5, 2007
Merrill Lynch said Margaret Ren, suspended by Citigroup in 2004, has been named its chairman of investment banking in the China region.

Indonesian Flood Forces Evacuations
Monday February 5, 2007
Floods in Jakarta have forced 340,000 people from their homes and cut off power and clean water in the Indonesian capital, where at least 29 have died after days of torrential rain.

Singapore to Open Mail-Services Market
Monday February 5, 2007
Singapore will abolish Singapore Post's monopoly on basic mail services and open the market to some competition.

Glitch Disrupts SGX Futures
Monday February 5, 2007
The Singapore Exchange said its futures trading was frozen for over three hours due to a glitch in its derivatives-trading system, halting arbitrage trades.

Industrial Bank Gains 39%
Monday February 5, 2007
Industrial Bank's Class A shares closed a less-than-forecast 39% above the IPO price on their first trading day.

Conoco, Cnooc Flap Heats Up
Monday February 5, 2007
ConocoPhillips is seeking arbitration in a dispute with Cnooc over costs incurred due to a Chinese windfall tax.

Hitachi's Profit Tumbles 77%
Monday February 5, 2007
Hitachi's net profit fell 77%, hurt by higher taxes, but the Japanese electronics titan's operating profit rose 57%.

Bird Flu in U.K. Triggers Action
Monday February 5, 2007
Poultry farmers around Europe were on guard against the possible spread of bird flu across the North Sea from Britain, fearing the disease could be carried by wild birds. (Complete coverage)

Multiplex Confirms Takeover Talk
Monday February 5, 2007
Australia's Multiplex said it may receive a takeover proposal from the firm's founding family and Canada's Brookfield.

Philippines Fails to Auction Off Power Concession
Monday February 5, 2007
The Philippines again failed in an attempt to auction off a 25-year concession to run the country's power grids.

TSMC Opens Chip-Design Office in India
Monday February 5, 2007
Taiwan's TSMC opened a Bangalore office to serve the firm's customers with chip-design operations in India.

U.S., Malaysia Resume Trade Talks
Monday February 5, 2007
The U.S. and Malaysia began a fresh round of free-trade talks, bogged down by differences over opening two tightly protected sectors, and a controversy over a major gas deal with Iran.

IBM to Sell Stake in Lenovo
Monday February 5, 2007
IBM is selling a 3.5% stake in Lenovo Group for as much as $126.8 million.

Group opens Qantas Bid to Canberra Scrutiny
Monday February 5, 2007
The private-equity consortium planning a $8.6 billion takeover of Qantas Airways opened its bid to government scrutiny.

Zijin-Led Group Will Acquire Miner
Monday February 5, 2007
A consortium led by Zijin Mining agreed to buy Monterrico Metals for $186.1 million, as Zijin again attempts to tap resources overseas.

Two China Steel Firms to Launch IPOs
Monday February 5, 2007
Two Chinese steel makers, Chongqing Iron & Steel and Liuzhou Iron & Steel, are launching IPOs.

Japan Ends Lower on Auto Shares
Monday February 5, 2007
Asian-Pacific stocks ended mixed, with Japan pulling back from a multi-month high as profit-taking pressured shares of auto makers, while South Korea and Taiwan finished slightly higher.