Cebu City, Philippines – ABAC Philippines is hosting the third leg of this year’s Asia-Pacific Economic Cooperation (APEC) Business Advisory Council (ABAC) meetings, an event aimed at addressing significant economic challenges and developing strategies for sustainable growth and collaboration.

The meeting, set to attract over 200 delegates and guests, will take place at the NUSTAR Convention Center in Cebu from July 27 to 30, 2023.

His Excellency President Ferdinand “Bongbong” Marcos is expected to attend one of the meetings, sharing his administration’s vision and strategies for fostering economic growth and cooperation in the Asia-Pacific region.

“We are grateful for this opportunity to host such an important event where delegates can engage in fruitful discussions and come up with sound recommendations to drive economic growth and cooperation within the Asia-Pacific region,” said Sabin Aboitiz, President and CEO of Aboitiz Group and ABAC PH member.

The meeting, also known as ABAC 3, will highlight the significant role of micro, small, and medium-sized enterprises (MSMEs) in the global economy, while also focusing on the ever-evolving environment, social, and governance (ESG) investing landscape.

ABAC, recognizing the transformative effect of a thriving business community on the broader economy, advocates for businesses’ interests across the region. It aims to foster an environment that encourages sustainable and inclusive growth.

ABAC Philippines echoes this dedication, aspiring to contribute to the region’s economic development in alignment with APEC’s broader mission. They aim to collaborate with other member economies to harness the collective strength of the Asia-Pacific community, thus promoting a vibrant and interconnected economic landscape beneficial to all.

The official partners for the ABAC III meetings include Philippine Airlines, Summit Drinking Water, and Fili Hotel. Sponsors comprise esteemed organizations such as Aboitiz Equity Ventures, AboitizPower, Ayala Corporation, Metro Pacific Investments Corporation, Alliance Global, Ayala Corporation, International Container Terminal Services Inc., GoDigital Pilipinas, JG Summit, SM Investments Corporation, and UnionDigital.

BusinessNewsAsia

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