We discuss the perturbative QCD approach for exclusive non-leptonic two body B-meson decays. We briefly review its ingredients and some important theoretical issues related to the factorization approach. PQCD results are compatible with present experimental data for the charmless B-meson decays. We predict the possibility of large direct CP violation effects in $B^0 \to \pi^{+}\pi^{-}$ and . For charmed decay , we get large non-factorizable contributions for Color-suppressed decays and obtain and . In the last section we investigate the method to extract the weak phases from decay and from modes. From BaBar measurement of CP asymmetry for the decay, the prefered CKM weak phases are: , $\phi_2=(78\pm 22)^{o}\phi_3=(78\pm 22)^{o}$.

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