12 Nov '11, 6am

APEC ministers: boost business, community disaster resilience

HONOLULU: Asia-Pacific Economic Cooperation (APEC) ministers have called for a "whole of society" approach to developing and strengthening public-private partnerships that support business and community resilience to disasters. APEC economies will develop public-private partnerships within their own economies and report on their progress next year. This urgent call came after a series of natural disasters which hit the region, such as the Japanese tsunami, New Zealand earthquake and floods in Thailand. Such incidents have affected businesses and trade supply. APEC ministers noted that partnership between the public and private sectors is essential. That is because the private sector owns and operates a great deal of an economy's critical infrastructure and has experience in areas such as resilient construction techniques and development of sustainable urban areas. A spokes...

Full article: http://www.channelnewsasia.com/stories/singaporebusinessn...

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