Frequently Asked Questions (FAQ)
How did the Asia Business Council start?
In May 1999, 37 business leaders met in Hong Kong for the inaugural meeting of the Asia Business Initiative. This group realized that the private sector needed to be more effectively engaged in the changes brought about by globalization. After three years of annual meetings, the Asia Business Council was incorporated as a non-profit organization in 2002.
What does the Council do?
We conduct two forums per year, run subject-specific task forces, and have a growing research agenda.
Who are members of the Asia Business Council?
Most members are individuals from companies or corporations based in Asia. Up to one-fifth of Council members can be from companies or corporations based outside Asia.
A member must be the chairman, chief executive, or the top decision-maker of a company. Additionally, prospective new members must be nominated by two members of the Council and approved by the Board of Trustees. We have a limit of 75 members.
How is the Council financed?
The Council relies on annual membership dues.
What areas of research does the Council address?
The overarching issue we address is the continued economic development and competitiveness of the region.
Where is the Council based?
22/F Jade Centre