Private sector: The engine that propels Apec to greater heights (Business Mirror (Philippines))

Although the Asia-Pacific Economic Cooperation (Apec) is a group of 21 economies led by heads of states, it never makes binding agreements. However, Apec has had numerous achievements since its inception in 1989, mainly because of the active participation of the private sector under the Apec Business Advisory Council (Abac). The private sector in the 21…