- published: 11 Apr 2018
- views: 33
Asia-Pacific or Asia Pacific (abbreviated as Asia-Pac, AsPac, APAC, APJ, JAPA or JAPAC) is the part of the world in or near the Western Pacific Ocean. The region varies in size depending on which context, but it typically includes much of East Asia, South Asia, Southeast Asia, and Oceania.
The term may also include Russia (on the North Pacific) and countries in the Americas which are on the coast of the Eastern Pacific Ocean; the Asia-Pacific Economic Cooperation, for example, includes Canada, Chile, Russia, Mexico, Peru, and the United States.
Alternatively, the term sometimes comprises all of Asia and Australasia as well as small/medium/large Pacific island nations (Asia Pacific and Australasian Continent) - for example when dividing the world into large regions for commercial purposes (e.g. into Americas, EMEA and Asia Pacific).
On the whole there appears to be no clear cut definition of "Asia Pacific" and the regions included change as per the context.
Though imprecise, the term has become popular since the late 1980s in commerce, finance and politics. In fact, despite the heterogeneity of the regions' economies, most individual nations within the zone are emerging markets experiencing rapid growth. (Compare the concept/acronym APEJ or APeJ - Asia-Pacific excluding Japan.)
Financial inclusion or inclusive financing is the delivery of financial services at affordable costs to sections of disadvantaged and low-income segments of society, in contrast to financial exclusion where those services are not available or affordable. An estimated 2 billion working-age adults globally have no access to the types of formal financial services delivered by regulated financial institutions. For example, in Sub-Saharan Africa only 24% of adults have a bank account even though Africa's formal financial sector has grown in recent years. It is argued that as banking services are in the nature of public good; the availability of banking and payment services to the entire population without discrimination is the prime objective of financial inclusion public.
The term "financial inclusion" has gained importance since the early 2000s, a result of findings about financial exclusion and its direct correlation to poverty. The United Nations defines the goals of financial inclusion as follows:
Asia (i/ˈeɪʒə/ or /ˈeɪʃə/) is the Earth's largest and most populous continent, located primarily in the eastern and northern hemispheres. Asia covers an area of 44,579,000 square kilometers, about 30% of Earth's total land area and 8.7% of the Earth's total surface area. It has historically been home to the world's first modern civilizations and has always hosted the bulk of the planet's human population. Asia is notable for not only overall large size and population, but unusually dense and large settlements as well as vast barely populated regions within the continent of 4.4 billion people. The boundaries of Asia are traditionally determined as that of Eurasia, as there is no significant geographical separation between Asia and Europe. The most commonly accepted boundaries place Asia to the east of the Suez Canal, the Ural River, and the Ural Mountains, and south of the Caucasus Mountains and the Caspian and Black Seas. It is bounded on the east by the Pacific Ocean, on the south by the Indian Ocean and on the north by the Arctic Ocean.
The Pacific Ocean is the largest of the Earth's oceanic divisions. It extends from the Arctic Ocean in the north to the Southern Ocean (or, depending on definition, to Antarctica) in the south and is bounded by Asia and Australia in the west and the Americas in the east.
At 165.25 million square kilometers (63.8 million square miles) in area, this largest division of the World Ocean—and, in turn, the hydrosphere—covers about 46% of the Earth's water surface and about one-third of its total surface area, making it larger than all of the Earth's land area combined.
The equator subdivides it into the North Pacific Ocean and South Pacific Ocean, with two exceptions: the Galápagos and Gilbert Islands, while straddling the equator, are deemed wholly within the South Pacific. The Mariana Trench in the western North Pacific is the deepest point in the world, reaching a depth of 10,911 metres (35,797 ft).
The eastern Pacific Ocean was first sighted by Europeans in the early 16th century when Spanish explorer Vasco Núñez de Balboa crossed the Isthmus of Panama in 1513 and discovered the great "southern sea" which he named Mar del Sur. The ocean's current name was coined by Portuguese explorer Ferdinand Magellan during the Spanish circumnavigation of the world in 1521, as he encountered favourable winds on reaching the ocean. He called it Mar Pacifico, which in both Portuguese and Spanish means "peaceful sea".
Digital transformation refers to the changes associated with the application of digital technology in all aspects of human society. Digital transformation may be thought as the third stage of embracing digital technologies: digital competence → digital usage → digital transformation, with usage and transformative ability informing digital literacy. The transformation stage means that digital usages inherently enable new types of innovation and creativity in a particular domain, rather than simply enhance and support the traditional methods.
In a narrower sense, "digital transformations " may refer to the concept of "going paperless".
Digital transformation affects both individual businesses and whole segments of the society, such as government, mass communications, art, medicine. or science
In November 2011, a three-year study conducted by the MIT Center for Digital Business and Capgemini Consulting concluded that only one-third of companies globally have an effective digital transformation program in place.
NSM Asia Pacific Financial Group Announcement Video ( English Version )
NSM Asia Pacific Financial Group Announcement Video ( Chnese Version )
Asia Pacific Financial Inclusion Summit 2017
Highlights: Asia Pacific Financial Inclusion Summit 2017
Gregory Chen - Asia Pacific Financial Inclusion Summit 2017
Philip Course Asia Pacific Financial Inclusion Summit 2017
Yan Zhang, McGraw Hill Financial Head of Asia-Pacific Strategy
Madam Nguyen Thi Hong Asia Pacific Financial Inclusion Summit 2017
Digital Transformation 2017 Outlook for Asia Pacific Financial Services
Privé Financial - a FinTech Innovation Lab Asia-Pacific 2016 finalist
Asia Pacific Research Exchange
Highlights Asia Pacific Financial Inclusion Summit Video2
Natasha Ansell Asia Pacific Financial Inclusion Summit 2017
Chapter 2 of 5: Sustainable finance in Asia - How will China reach its commitments? - Financing the
Graham MacMillan - Asia Pacific Financial Inclusion Summit
Vijayalakshmi Das - Asia Pacific Financial Inclusion Summit 2017
Brandee McHale - Asia Pacific Financial Inclusion Summit 2017
Shameran Abed Asia Pacific Financial Inclusion Summit 2017
SENSEX to 100,000 in 15 Years - Elliott Wave Asian-Pacific Financial Forecast
Fresh Look at Stocks Across Asia-Pacific
Manoj Sharma - Asia Pacific Financial Inclusion Summit 2017
Pia Roman Tayag Asia Pacific Financial Inclusion Summit 2017
ASIA PACIFIC ENTERTAINMENT FINANCE FORUM
FutureFlow - a FinTech Innovation Lab Asia-Pacific 2017 Finalist
NSM Asia Pacific Financial Group Announcement Video ( English Version )
NSM Asia Pacific Financial Group Announcement Video ( Chnese Version )
The head of McGraw Hill Financial’s APAC Strategy Yan Zhang looks at China’s evolving market and sees opportunity. The Harvard and University of Chicago graduate sat down to talk about the Chinese economy, her keys to career growth and what she does to achieve work-life balance.
In this new age of Digital Transformation (DX), organizations will have to effectively use next-generation technologies and business processes to transform business models, provide new streams, and create new value for customers. Learn more on how to get the Digital Transformation right for banks in Asia Pacific with IDC and HDS. Join us for a live webcast on 20 October, 2016 where you can listen for the first time: • Key trends on Digital Transformation for BFSI across Asia Pacific • How to achieve Digital Transformation success and leverage best practices for BFSI • Steps and 3 golden rules to get the transformation right
An introduction to one of the eight startups selected to participate in the FinTech Innovation Lab Asia-Pacific in 2016. Privé aims to virtualize the wealth and asset management industry through providing a unified FinTech platform for investable assets, strategies, thematic baskets, virtual funds and asset management services to financial intermediaries and their end clients. As a finalist to the FinTech Innovation Lab Asia-Pacific, Privé will receive senior-level mentoring with Accenture and 20 participating financial institutions including • Bank of America Merrill Lynch • BNP Paribas • Commonwealth Bank of Australia • China CITIC Bank International • China Construction Bank (Asia) • Credit Suisse • Generali • Goldman Sachs • HSBC • JPMorgan Chase & Co. • Macquarie • Mayba...
Gordon French, head of global banking and markets Asia-Pacific at HSBC, tells The Banker's Stefanie Linhardt how China is seeking to reach its Paris agreement targets, how the demand for financing sustainable finance projects has evolved in China and where there still is the biggest scope for growth in sustainable finance in Asia-Pacific.
For the latest go to: http://www.elliottwave.com/wave/youtube Editor of EWIs Asian-Pacific Financial Forecast monthly market letter Mark Galasiewski talks with CNBC TV18 news anchors in India about what they call an Elliott wave report that's been making a lot waves recently, including a 15-year target for Indias SENSEX that Mark says may sound extraordinary to many people.
Mark Galasiewski, the editor of our Asian-Pacific Financial Forecast and contributor to Global Market Perspective, tells you what to make of the recent price action in Australia, Korea and Japan. Get more financial insights like these -- 100% free. Just follow this link: http://www.elliottwave.com/wave/etv2016.
ASIA PACIFIC ENTERTAINMENT FINANCE FORUM Honolulu, Hawaii USA November 18 - 20, 2015 For more information visit: http://www.entertainmentfinanceforum.com What is Asia Pacific EFF? The entertainment industry is going through an innovative revolution. Content producers are finding ways to tell their stories across multiple platforms. Marketers and distributors are getting more creative in reaching wider audiences. And more than ever – there is an abundance of prospects for investors to fuel growth and make meaningful revenues. Hence we are offering a new kind of conference, Asia Pacific Entertainment Finance Forum (APEFF), to bridge the gap between Hollywood and Asia and provide a platform for those who create new and innovative content with those who are actively developing and fueling th...
An introduction to one of the ten startups selected to participate in the FinTech Innovation Lab Asia-Pacific in 2017. FutureFlow maps out the movement of money in the financial system. We enable financial institutions and regulators to collaborate, while protecting customer confidentiality. Our software compiles the topology of the movement of money in the system that extends beyond each individual institution's immediate field of visibility, with applications into electronic financial crime prevention, economic policymaking, and related fields. For more info, please go to http://www.FutureFlow.org As a finalist to the FinTech Innovation Lab Asia-Pacific, FutureFlow will receive senior-level mentoring with Accenture and 18 participating financial institutions for three months to redefin...
In this new age of Digital Transformation (DX), organizations will have to effectively use next-generation technologies and business processes to transform business models, provide new streams, and create new value for customers. Learn more on how to get the Digital Transformation right for banks in Asia Pacific with IDC and HDS. Join us for a live webcast on 20 October, 2016 where you can listen for the first time: • Key trends on Digital Transformation for BFSI across Asia Pacific • How to achieve Digital Transformation success and leverage best practices for BFSI • Steps and 3 golden rules to get the transformation right
The Future of Work Insights Series was presented by CQUniversity, Sydney in conjunction with KatalysisX and CPA Australia on 13, July 2017. https://www.cqu.edu.au/about-us/locations/sydney https://www.cpaaustralia.com.au/ https://www.katalysisx.com/ ---- MASTER OF CEREMONIES Phillip Cenere FAIM GAICD Phillip is the Associate Vice-Chancellor for CQ University’s New South Wales region and head of the Sydney campus. He has responsibility for business growth and development, regional engagement, teaching and learning, research and the pastoral care of students and staff. Phillip is an experienced leader in executive education and higher education management and a non-executive director and board consultant. He previously served six years as Associate Dean of the School of Business and Sen...
The Future of Work Insights Series was presented by CQUniversity, Sydney in conjunction with KatalysisX and CPA Australia on 13, July 2017. https://www.cqu.edu.au/about-us/locations/sydney https://www.cpaaustralia.com.au/ https://www.katalysisx.com/ ---- MASTER OF CEREMONIES Phillip Cenere FAIM GAICD Phillip is the Associate Vice-Chancellor for CQ University’s New South Wales region and head of the Sydney campus. He has responsibility for business growth and development, regional engagement, teaching and learning, research and the pastoral care of students and staff. Phillip is an experienced leader in executive education and higher education management and a non-executive director and board consultant. He previously served six years as Associate Dean of the School of Business and Se...
CRS is live in most countries across Asia Pacific from 1 January. While CRS compliant on-boarding of new customers is now operational, what do financial institutions need to focus on in 2017 as they continue to implement changes to comply with CRS? Deloitte experts will share insights on CRS implementation relevant to financial institutions in the Asia Pacific region, latest CRS developments, and what still needs to be done in 2017. (Live presentation was aired on 9 Mar 2017) http://www.deloitte.com/ap/dbriefs
The Future of Work Insights Series was presented by CQUniversity, Sydney in conjunction with KatalysisX and CPA Australia on 13, July 2017. https://www.cqu.edu.au/about-us/locations/sydney https://www.cpaaustralia.com.au/ https://www.katalysisx.com/ ---- MASTER OF CEREMONIES Phillip Cenere FAIM GAICD Phillip is the Associate Vice-Chancellor for CQ University’s New South Wales region and head of the Sydney campus. He has responsibility for business growth and development, regional engagement, teaching and learning, research and the pastoral care of students and staff. Phillip is an experienced leader in executive education and higher education management and a non-executive director and board consultant. He previously served six years as Associate Dean of the School of Business and Se...
Many industries are ready to embrace cloud computing to reap the benefits of this new technology. However, perceived regulatory challenges often stymie adoption efforts, such as in the case of highly regulated sectors like the Financial Services Industry (FSI). Ms Lim May-Ann, Executive Director of Asia Cloud Computing Association, discusses the regulatory landscape and bottlenecks to the adoption of cloud services by FSIs in India and other countries in the Asia Pacific region.
Paul Gruenwald: Chief Asia-Pacific Economist, S&P Global Ratings
http://www.weforum.org/ What trends, business models and emerging technologies are transforming the financial sector? Dimensions to be addressed: - Remodelling the global banking sector - Digitizing and industry upgrading - Financial innovations in banking and of alternative lenders Bunty Bohra, Chief Executive Officer, Goldman Sachs, India; Young Global Leader Calvin Chin, Founder, Transist, People's Republic of China; Young Global Leader Oki Matsumoto, Chairman and Chief Executive Officer, Monex Group, Japan V. S. Parthasarathy, Chief Financial Officer, Group Chief Information Officer, and Executive Vice-President, Group M&A; Member of the Group Executive Board, Mahindra & Mahindra, India Alain Raes, Chief Executive, EMEA and Chief Executive, Asia-Pacific, SWIFT, Singapore Moderated ...
China’s buildup of air and naval capability in the South China Sea shows no signs of abating. If anything, the pace since last summer has accelerated, and the Chinese attitude is more belligerent. Will the economic slowdown, signs of political instability, and US and allied military pushback give China pause or will it double down in the historic race for regional hegemony? Jonathan Pollack, Senior Fellow, Center for East Asia Policy Studies, Brookings Institution David Shear, Assistant Secretary of Defense for Asian and Pacific Security Affairs Cui Tiankai, Ambassador of China to the United States Moderator: Gordon Lubold, Pentagon Reporter, The Wall Street Journal
Level 6: Financial Services in the Cloud Join this session to understand what drives Global and Asia Pacific Financial Services Institutions (FSI) of all sizes to adopt the cloud and how they get started on their journey. This presentation will also include how they leverage the cloud to address specific industry challenges and create business value. Reasons to attend: Discover what’s driving Financial Services Institutions (FSI) globally and in asia pacific to embark on the cloud adoption journey Learn about the different patterns of adoption across the Financial Services Industry Hear the global and asia pacific Financial Services Institutions (FSI) use cases. Slides: http://www.slideshare.net/AmazonWebServices/financial-services-in-the-cloud -----------------------------------------...
WASHINGTON, D.C., September 29, 2016 — Suh-Yong Chung, associate dean and professor at Korea University; Naoko Ishii, CEO and chairperson for the Global Environment Facility (GEF); Alex Zhang, executive director of Eco Forum Global (EFG), and Asia Society Policy Institute President Kevin Rudd discuss the market tools and financial instruments being used to combat climate change. The event also helped launch the Asia Society Policy Institute report Roadmap to a Northeast Asian Carbon Market. (1 hr., 15 min.)
http://www.weforum.org/ 12.06.2011 Given high-velocity growth and the rise of financial hubs in Asia, how will the region develop resilience to future financial shocks? The following dimensions are addressed: - Risks associated with asset bubbles - Prudent macroeconomic and fiscal policies - Corporate governance - Economic consequences of disasters Panel includes: • Michael Buchanan, Chief Economist, Asia-Pacific, Goldman Sachs (Singapore), Singapore • Stuart T. Gulliver, Group Chief Executive, HSBC Holdings, United Kingdom; Co-Chair of the World Economic Forum on East Asia • Muliaman Hadad, Deputy Governor, Bank of Indonesia, Indonesia • Omar Lodhi, Chief Executive Officer, Abraaj Capital Asia, Singapore • Agus D. W. Martowardojo, Minister of Finance of Indonesia • Geoff Riddell, Membe...
Indirect tax rules in respect of financial services entities become ever more complex across Asia Pacific. New rules inaugurated in China in May 2016, India's dual GST, and Malaysia's one year old GST, are stirring up waves of changes. Even mature VAT and GST systems like Singapore, continue to refine and adapt rules. What are all these changes and what trends are emerging that you should be aware of? Gain insights from Deloitte experts on how major changes in indirect tax rules are impacting financial services firms. (Live presentation was aired on 22 Sept 2016) http://www.deloitte.com/ap/dbriefs
2016 will be an important year for financial services in Asia Pacific, with a number of key developments and issues destined to shape the tax agenda for financial services firms including banking, insurance, and investment management. What do you need to know that could impact your operations? Gain insight into the key themes of these developments and how each impacts the financial services industry. (Live presentation was aired on 23 Feb 2016)
At the AIA-sponsored panel discussion at the 10th annual Asian Financial Forum on 17 January 2017, our distinguished speakers examined trends in health and technology and how companies will be affected by these tremendous drivers of change while successfully competing for business in the face of constantly evolving consumer behaviour in the Asia Pacific region. Moderator • Ms. Yvonne Man, Anchor, Bloomberg TV Speakers • Ms. Rosaline Koo, Founder and CEO, CXA Asia • Mr. Ben McDermott, Director of Group Business Strategy and Corporate Development, AIA Group Limited • Dr. Steven Tucker, Founder and Medical Director, Tucker Medical, Singapore • Dr. Derek Yach, Chief Health Officer, Vitality Group
China's Vision for a More Prosperous Asia-Pacific Region On April 17, the Atlantic Council's Brent Scowcroft Center on International Security will host the People's Republic of China's Vice Minister of Finance, Zhu Guangyao, for an address on "China's Vision for a More Prosperous Asia-Pacific Region." Vice Minister Zhu Guangyao will visit the United States in connection with the spring meeting of the IMF and World Bank. His visit comes at a time when new regional initiatives supported by China, such as the Asian Infrastructure Investment Bank (AIIB), the New Development Bank ("BRICS Bank") and the Silk Road initiative are showing strong momentum. The RMB's internationalization continues to expand and the outflow of Chinese capital into foreign markets is rising. More generally, China is ...
In his presentation, Mr Hiu Chee Fatt, Director of Business Development at Labuan IBFC Inc, gives an overview of Labuan IBFC and describes some of the tax benefits offered in the jurisdiction. Event: Labuan IBFC's 25th Anniversary ASEAN Roadshow, Kuala Lumpur Date: 27 May 2015
Soul Htite of Dianrong gives the FINTalks.org 2017 Taipei audience an overview of the continued evolution of the FinTech ecosystem in Asia Pacific and the role that data will play in the future. Soul also shares his thoughts on how blockchain technology will transform the supply chain industry.