Latest news with #APEC2025
Korea Herald
15-05-2025
- Business
- Korea Herald
AmCham, KOTRA partner to boost bilateral economic ties
The American Chamber of Commerce in Korea signed a memorandum of understanding with the Korea Trade-Investment Promotion Agency on Thursday to enhance trade, investment and regulatory cooperation between Korea and the US. Through the agreement signed at the KOTRA headquarters in Seoul, the two organizations will form a joint working-level committee to identify and address key regulatory challenges based on AmCham's annual reports and member input. AmCham and KOTRA will also co-host regular events such as briefings, roundtables, exhibitions and export consultations, while seeking new areas for bilateral collaboration. The agreement builds on the findings of AmCham's '2025 Business Environment Insight Report: APEC Special Edition,' which highlighted approximately 70 unresolved or emerging regulatory issues across 12 key industries including aerospace, pharmaceuticals, energy and the digital economy. 'This MOU lays important groundwork for enabling strategic economic collaboration,' said AmCham CEO James Kim. 'It represents a key step forward in reducing nontariff barriers, strengthening Korea's position as a premier regional business hub, and ensuring the success of APEC 2025.' KOTRA President and CEO Kang Kyung-sung added to the statement, expressing his hope that the partnership will support Korean small and midsized enterprises entering the US market and strengthen business ties between the two countries.
Korea Herald
14-05-2025
- Politics
- Korea Herald
APEC education leaders gather in Korea to tackle learning gaps in digital era
SEOGWIPO, Jeju Island — Education leaders and global experts from across the Asia-Pacific region gathered Wednesday on Jeju Island for the 7th APEC Education Ministerial Meeting, opening a high-level dialogue on advancing inclusive and sustainable education in the era of digital transformation. Hosted by South Korea's 2025 APEC chairmanship, the meeting brought together some 200 participants, including ministerial delegations from 20 out of 21 APEC member economies. The forum convened for the first time in nine years, with the aim of shaping a shared vision for education systems that can adapt to rapid technological and social change. This year's meeting is held under the theme: 'Bridging Educational Gaps and Promoting Sustainable Growth in the Era of Digital Transformation: Innovate, Connect, Prosper,' aligning with the broader APEC 2025 motto of 'Building a Sustainable Tomorrow.' In his keynote remarks at the opening ceremony, acting President and Education Minister Lee Ju-ho emphasized the need to close educational gaps and build a sustainable society where people and technology grow together. Lee highlighted that APEC's legacy of overcoming crises, from the 1997 Asian financial crisis to the COVID-19 pandemic, must now evolve to address unprecedented challenges such as digital disruption, climate change and demographic shifts. 'This meeting should mark a turning point for deeper APEC cooperation in education,' Lee said, adding that rapid digital transformation and the rise of artificial intelligence have brought humanity to a moment of civilizational challenge that requires renewed global collaboration in education. He emphasized that 'people are at the center of all change,' and that learning and growth are key to not only national competitiveness but also the sustainable prosperity of the global community. Lee introduced South Korea's recent education reforms, including the implementation of AI-based digital textbooks that aim to tailor learning to each student's pace and needs. He also pointed to universities' roles as regional innovation hubs working with industries and public institutions to solve community problems. Commemorating the 30th anniversary of Korea's 5·3·1 Education Reform Plan, a landmark initiative involving cross-sectoral collaboration, Lee said the country's experience demonstrates how bold policy shifts can guide education over generations. While acknowledging different evaluations of the reforms, he noted that the early visions of globalization and digitalization are now being realized. Highlighting South Korea's own experience of achieving both economic growth and social development with the landmark '5·3·1 Education Reform' of 1995, Lee said bold policy shifts can guide education over generations. "118 revolutionary tasks, as a whole, have been an educational compass over the seven administrations," Lee said, noting that while political perspectives may differ, 'there is a general consensus that the reform laid the foundation for digitization and globalization. He called on APEC members to share challenges and strategies openly, affirming that education does not develop in isolation and that cooperation built on mutual respect and shared practice is the only path toward achieving inclusive learning for all. The AEMM is expected to yield a joint statement among participating economies reaffirming commitments to addressing educational inequality and promoting collaboration amid technological advancement.
Scoop
08-05-2025
- Business
- Scoop
Innovation And Collaboration Needed To Address Ocean Sustainability Challenges
Press Release – APEC News The ocean connects the Asia-Pacific region; it stands as a frontier for innovation and digital transformation, as well as a key resource for prosperity. Busan, Republic of Korea, 8 May 2025 In a significant moment for APEC's ongoing efforts to safeguard the ocean, Ambassador Yoon Seongmee, Chair of the 2025 APEC Senior Officials' Meeting, and Executive Director Eduardo Pedrosa underscored the urgent need for innovative solutions and greater regional collaboration to tackle critical ocean sustainability challenges. Addressing APEC's ocean and fisheries ministers at the 5th APEC Ocean-Related Ministerial Meeting held last week in Busan, Ambassador Yoon highlighted the ocean's central role in APEC's broader development agenda, emphasizing that it is not only a crucial resource but also a frontier for innovation. 'The ocean connects the Asia-Pacific region; it stands as a frontier for innovation and digital transformation, as well as a key resource for prosperity,' Ambassador Yoon said. 'Our collective action today will help define a sustainable and prosperous future, not only for our oceans but for all of APEC's economies.' Ambassador Yoon spotlighted how APEC has evolved to meet the challenges posed by climate change, technological advancements and demographic shifts, noting that ocean issues are increasingly tied to these larger global challenges. In this context, she also emphasized the importance of the APEC Ocean-Related Ministerial Meeting (AOMM). 'AOMM is the highest-level forum dedicated to cooperation on ocean and fisheries issues within APEC, and its discussions will form a vital component of the outcomes of APEC 2025.' Pedrosa echoed these sentiments, emphasizing that the APEC economies are deeply interconnected through the Pacific Ocean, the world's largest body of water. 'We are connected by the Pacific Ocean, and its resources are vital to the economic and social well-being of our economies,' Pedrosa said. 'However, the ocean is facing profound challenges, and it is imperative that we continue to innovate and collaborate to secure its health and sustainability for future generations.' Pedrosa highlighted APEC's strategic roadmaps that guide collective action in addressing ocean-related issues, including the APEC Roadmap on Marine Debris, the Roadmap on Combatting IUU Fishing, and the Roadmap on Small-Scale Fisheries and Aquaculture. 'These roadmaps provide clear frameworks for APEC economies to align their efforts, implement effective measures, and protect marine ecosystems,' he noted. 'They serve as a foundation for collaborative strategies to combat marine pollution, reduce illegal fishing and ensure the sustainable management of small-scale fisheries.' Pedrosa also emphasized how emerging technologies, such as data collection, remote sensing and traceability, will enhance APEC's capacity to monitor and manage marine resources. 'Innovation is crucial for the resilience of our oceans,' Pedrosa stated. 'By leveraging technology, we can improve our ability to forecast, manage and protect marine ecosystems while supporting sustainable economic activities like fisheries and aquaculture.' As APEC economies continue to address these challenges, both Ambassador Yoon and Pedrosa emphasized the need for ongoing dialogue and action. 'Today's discussions represent just the beginning,' Pedrosa concluded. 'Through continued cooperation and innovative solutions, we will ensure that the ocean remains a source of prosperity for all economies, while safeguarding its health for future generations.' Korea as the host of APEC 2025 will host a total of 13 ministerial and high-level meetings throughout the year. The next ministerial meetings on human resources development, education and trade will be held in Jeju from 12-16 May.
Scoop
08-05-2025
- Business
- Scoop
Innovation And Collaboration Needed To Address Ocean Sustainability Challenges
Issued by the APEC Secretariat Busan, Republic of Korea, 8 May 2025 In a significant moment for APEC's ongoing efforts to safeguard the ocean, Ambassador Yoon Seongmee, Chair of the 2025 APEC Senior Officials' Meeting, and Executive Director Eduardo Pedrosa underscored the urgent need for innovative solutions and greater regional collaboration to tackle critical ocean sustainability challenges. Addressing APEC's ocean and fisheries ministers at the 5th APEC Ocean-Related Ministerial Meeting held last week in Busan, Ambassador Yoon highlighted the ocean's central role in APEC's broader development agenda, emphasizing that it is not only a crucial resource but also a frontier for innovation. "The ocean connects the Asia-Pacific region; it stands as a frontier for innovation and digital transformation, as well as a key resource for prosperity," Ambassador Yoon said. "Our collective action today will help define a sustainable and prosperous future, not only for our oceans but for all of APEC's economies." Ambassador Yoon spotlighted how APEC has evolved to meet the challenges posed by climate change, technological advancements and demographic shifts, noting that ocean issues are increasingly tied to these larger global challenges. In this context, she also emphasized the importance of the APEC Ocean-Related Ministerial Meeting (AOMM). "AOMM is the highest-level forum dedicated to cooperation on ocean and fisheries issues within APEC, and its discussions will form a vital component of the outcomes of APEC 2025." Pedrosa echoed these sentiments, emphasizing that the APEC economies are deeply interconnected through the Pacific Ocean, the world's largest body of water. "We are connected by the Pacific Ocean, and its resources are vital to the economic and social well-being of our economies," Pedrosa said. "However, the ocean is facing profound challenges, and it is imperative that we continue to innovate and collaborate to secure its health and sustainability for future generations." Pedrosa highlighted APEC's strategic roadmaps that guide collective action in addressing ocean-related issues, including the APEC Roadmap on Marine Debris, the Roadmap on Combatting IUU Fishing, and the Roadmap on Small-Scale Fisheries and Aquaculture. "These roadmaps provide clear frameworks for APEC economies to align their efforts, implement effective measures, and protect marine ecosystems," he noted. "They serve as a foundation for collaborative strategies to combat marine pollution, reduce illegal fishing and ensure the sustainable management of small-scale fisheries." Pedrosa also emphasized how emerging technologies, such as data collection, remote sensing and traceability, will enhance APEC's capacity to monitor and manage marine resources. "Innovation is crucial for the resilience of our oceans," Pedrosa stated. "By leveraging technology, we can improve our ability to forecast, manage and protect marine ecosystems while supporting sustainable economic activities like fisheries and aquaculture." As APEC economies continue to address these challenges, both Ambassador Yoon and Pedrosa emphasized the need for ongoing dialogue and action. "Today's discussions represent just the beginning," Pedrosa concluded. "Through continued cooperation and innovative solutions, we will ensure that the ocean remains a source of prosperity for all economies, while safeguarding its health for future generations." Korea as the host of APEC 2025 will host a total of 13 ministerial and high-level meetings throughout the year. The next ministerial meetings on human resources development, education and trade will be held in Jeju from 12-16 May.
Yahoo
18-03-2025
- Business
- Yahoo
Texas Instruments (NasdaqGS:TXN) Unveils Cutting-Edge Power-Management Chips For Data Centers At APEC 2025
Texas Instruments recently launched new power-management chips, broadening its product portfolio to address the growing demands of high-performance computing and AI in data centers. Despite this innovation, the company's share price dipped 1.66% over the past month. This move comes amid a broader selloff in the technology sector, as reflected by major indices such as the Nasdaq Composite, which slid 1.5% amid economic concerns and market volatility. While showcasing its power-management technologies at significant industry events like APEC 2025, the market climate proved challenging, with investor sentiment rattled by geopolitical uncertainties and potential economic headwinds. The company's presence at technological showcases did not immediately sway investor confidence, perhaps overshadowed by larger market trends. As a result, this minor decline aligns with trends affecting other tech giants, despite TI's strategic advances and innovative breakthroughs in power technology. Click here to discover the nuances of Texas Instruments with our detailed analytical financial health report. Rare earth metals are an input to most high-tech devices, military and defence systems and electric vehicles. The global race is on to secure supply of these critical minerals. Beat the pack to uncover the 19 best rare earth metal stocks of the very few that mine this essential strategic resource. Over the last five years, Texas Instruments has delivered a total shareholder return of 110.17%. This substantial appreciation reflects a combination of share price growth and dividends, positioning the company favorably relative to many peers. Among the key developments, Texas Instruments enhanced its U.S. semiconductor production capacity with government support worth up to US$1.6 billion, reflecting its investment in future growth. Furthermore, the company significantly expanded its share repurchase program, culminating in the repurchase of 44.58 million shares for US$6.75 billion, thus returning considerable capital to shareholders. Diversification efforts included announcing new power management chips and opening a new distribution center in Germany to improve logistics across Europe. Although recent quarterly results showed declines in earnings and net income, a steady rise in dividends provided a counterbalance, with a 5% increase announced in late 2024. Despite these mixed results, the company has maintained a high return on equity, underscoring its robust operational efficiency. Is Texas Instruments part of your investment strategy? Use Simply Wall St to consolidate your holdings into a portfolio and gain insights with our comprehensive analysis tools. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include NasdaqGS:TXN. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@
