Singapore, (July 1, 2010) – Asian Pacific Economic Cooperation launched its new statistics portal, StatsAPEC. StatsAPEC is the only consolidated source of trade, financial and socio-economic data on APEC’s 21 member economies. APEC member economies: Australia; Brunei Darussalam; Canada; Chile; China; Hong Kong, China; Indonesia; Japan; Korea; Malaysia; Mexico; New Zealand; Papua New Guinea; Peru; Philippines; Russia; Singapore; Chinese Taipei; Thailand; United States of America; and Vietnam.
StatsAPEC can be accessed at http://statistics.apec.org/. The data dates back to APEC’s inception in 1989 and can be exported to Microsoft Excel for further analysis.
As a result of this new portal, business people, government officials, the media, researchers, students and the public-at-large now have free access to an extensive database of statistics.
StatsAPEC is made up of a Key Indicators Database, and a Bilateral Linkages Database system.
The Key Indicators Database includes over 120 trade, financial and socio-economic indicators, allowing for detailed analysis of trends in the APEC region. The indicators cover areas such as: Gross domestic product, population, unemployment, education levels, and CO2 omissions.
The Bilateral Linkages Database facilitates detailed analysis of trade and investment flows within APEC and between APEC and the world. It includes statistics on items such as: Merchandise trade; foreign direct investment; and bank lending.
Also, APEC aggregates are available for a broad range of indicators, making it easy to examine the region as a whole. APEC aggregates are a feature unique to StatsAPEC.
StatsAPEC has been developed by the APEC Policy Support Unit. Other PSU work can be accessed at www.apec.org/apec/about_apec/psu/psu_sow.html.
For more information contact: Nathan Zhivov at [email protected].
Later in July, APEC launched a mechanism for regional cooperation on data privacy law enforcement to better trust the flows of information that are essential to doing business in the global economy.
The new APEC Cross-border Privacy Enforcement Arrangement (CPEA) facilitates information sharing and cooperation between authorities responsible for data and consumer protection in the APEC region.
“The CPEA is groundbreaking,” said Colin Minihan, Chair of the Data Privacy Subgroup of APEC’s Electronic Commerce Steering Group. “It demonstrates that privacy enforcement authorities are engaging with the realities of global data flows and the associated risks of privacy violations that transcend national and jurisdictional boundaries. The CPEA reflects the commitment of APEC privacy and consumer protection authorities to work together and across borders in enforcing consumer privacy protections.”
The arrangement establishes a process under which participating authorities may contact each other for help with collecting evidence, sharing information on an organization or matter being investigated, enforcing actions, and transferring complaints to another jurisdiction.