Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


Auckland to host gathering of Asia Pacific business leaders

Media release
5 February 2014

Auckland to host major gathering of Asia Pacific business leaders

Leading New Zealand businesses are joining with the New Zealand Government to welcome over 250 business leaders from the Asia Pacific region when Auckland hosts a meeting of the APEC Business Advisory Council (ABAC) 11-14 February.

“We intend to give our guests a warm kiwi welcome and use this meeting to advance New Zealand’s critical interests in the region,” said Phil O’Reilly, CEO of BusinessNZ, which is acting as host organization for the meeting.

Major sponsors of the gathering are Fonterra and ANZ. ATEED/Auckland Council, Air New Zealand and the Meat Industry Association are all sponsoring social events and a range of other business organisations are joining in support.

“This is an opportunity to showcase New Zealand’s sustainable production systems to an influential audience. Key customers from China and around the Asia Pacific region are attending along with a number of highly influential business people,” said John Wilson, Chairman of Fonterra.

ABAC brings together three members appointed by the Heads of Government of APEC’s 21 member economies. New Zealand’s members are Tony Nowell, Maxine Simmons and Wayne Boyd. ABAC’s task is to provide advice to APEC Economic Leaders on APEC’s trade and investment agenda. China is hosting APEC in 2014 and a delegation of senior Chinese business leaders is also attending the Auckland meeting.

“China is assuming the chair of APEC as the region accelerates its economic growth. The ABAC meeting occurs as New Zealand emerges as a strong performer on the world economic stage. This, and our growing connections with key economies across the region, give New Zealand an important opportunity to influence APEC’s direction in a critical year,” said David Green, ANZ’s Managing Director Institutional and an Executive Board Member of the NZ China Council.

ABAC’s agenda takes in trade and investment, sustainable development, financial issues, SME and entrepreneurship, infrastructure and connectivity.

“ABAC’s first meeting for 2014 is the chance to set the agenda for the year ahead as we look for progress on a range of critical issues including the Trans Pacific Partnership (TPP), food security, foreign direct investment and SME growth,” concluded Tony Nowell, New Zealand member of ABAC.


Note for editors – a background note is attached.
140205_ABAC_Background_information.pdf


© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Gareth Morgan: The Government’s Fresh Water Policy – Revisited

Fresh water quality is the latest area to be in the sights of Gareth Morgan and his research organisation The Morgan Foundation... They found that the fresh water policy was a bit murkier than the Environment Minister let on. More>>

ALSO:

Interest Rates: RBNZ Hikes OCR To 3.5%, ‘Period Of Assessment’ Now Needed

Reserve Bank governor Graeme Wheeler raised the official cash rate as expected, while signalling a pause in rate hikes to assess the impact of moves so far this year. The kiwi dollar sank after Wheeler said its strength was “unjustified” and that the currency could have “a significant fall.” More>>

ALSO:

Fonterra: Canpac Site 'Resize' To Focus More On Paediatrics

Fonterra is looking at realigning its packing operations at Canpac, in the Waikato, to focus more on paediatric nutritionals... The proposed changes could mean around 110 roles may not be required at the site which currently employs 330. More>>

ALSO:

Scoop Business: Postie Plus Brand Gets 2nd Chance With Well-Funded Pepkor

The Postie Plus brand is getting a new lease of life after South Africa’s Pepkor bought the failed retailer’s assets out of administration and said it will use its purchasing power to reduce costs of stock and fatten margins. More>>

ALSO:

Warming: Warming Signs From State Of Climate Report

Climate data from air, land, sea and ice in 2013 'reflect trends of a warming planet' -- says the latest State of the Climate report, launched by U.S. and New Zealand scientists. More>>

ALSO:

Scoop Business: Embrace Falling Home Affordability, Says NZIER

Despair over the inability to afford a house is misplaced and should be embraced as an opportunity to invest in more wealth-creating activity, says the principal economist at the New Zealand Institute of Economic Research, Shamubeel Eaqub. More>>

Productivity Commission: NZ Regulation Not Keeping Pace

New Zealand regulators often have to work with out-of-date legislation, quality checks are under strain, and regulatory workers need better training and development. More>>

ALSO:

Get More From Scoop

 
 
Computer Power Plus

Standards New Zealand

Standards New Zealand
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news