Apec business leaders: stable markets crucial

BUSINESS leaders from Singapore and the rest of the Pacific Rim urged their governments yesterday to strengthen financial markets to contribute to the inclusive growth of the region.

Against the backdrop of an uncertain global economy, they also called on the 21-member grouping to develop a "more ambitious" agenda on trade, investment and services.

These were among the recommendations that the Apec Business Advisory Council (Abac) made in a 50-page report submitted to Indonesian President Susilo Bambang Yudhoyono yesterday.