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Economy news in Asia

An overview of news, trends and research in the category Economy in Asia:

Five APAC cities rank in top 10 of world's leading global cities list Five APAC cities have been listed in the top 10 of the 2024 Global Cities Report, showing that Asia is home to some of the world’s most dynamic and emergent hubs.
24 October 2024
Hong Kong and Singapore ranked the world's most expensive cities Two of Asia’s premier megacities – Hong Kong and Singapore – have been ranked as the most expensive cities in the world when it comes to cost of living.
31 July 2024
McKinsey: Unlocking the next era of growth for corporate Japan Japanese companies need to grow domestically and expand internationally to fulfil their obligations to a more sustainable and inclusive society, write Gautam Kumra and Naoyuki Iwatani from McKinsey &
21 March 2024
Asia Pacific grows attractiveness in Kearney’s global FDI Index Despite economic headwinds, a majority of investors worldwide expect to increase their foreign direct investment (FDI) in the next three years, with Asia Pacific increasing its standing as a global h
11 April 2023
European companies expect South Korea to grow in significance Leaders of European-owned companies in South Korea expect the country to grow its significance to their international footprint, as South Korea continues its march up the economic ladder.
08 March 2023
Singapore CEOs confident about growth in business and economy CEOs in Singapore join their global counterparts to look at the near future with optimism – confident in their own business and in wider economic prospects, according to PwC’s latest CEO Survey.
13 July 2021
Most of the world's most expensive cities are in Asia Turkmenistan’s capital Ashgabat is now the world’s most expensive city to live in – according to Mercer’s latest global Cost of Living Index, which puts seven Asian cities among the top 10 most expen
02 July 2021
The state of entrepreneurship in Asia Pacific economies Entrepreneurs play a key role in Asia Pacific (APC), with entrepreneurship the engine-room of national economies.
29 April 2021
Corporates see Southeast Asia as epicenter for growth Executives in Southeast Asia are optimistic, hungry to invest, and looking at their regional market for growth prospects – according to a new survey by EY.
12 April 2021
In 2020, China passed US as globe's top destination for FDI China received more than $160 billion in foreign direct investment (FDI) last year – marking 4% growth and placing it as the largest FDI recipient in the world.
15 February 2021
CEO's have mixed outlook for Sri Lankas's economy in 2021 An MTI Consulting study in partnership with Daily FT, Daily Mirror and Sunday times has revealed a tentative business environment in Sri Lanka.
08 February 2021
Singapore’s mid-market 'reservedly optimistic' about rebound The number of optimistic mid-sized businesses in Singapore has doubled since the first half of last year, although a sense of caution still prevails in the market.
05 February 2021
Japanese investments in India are poised for a boom Japan and India’s economies are becoming increasingly intertwined – a trend that will likely be accelerated by Covid-19.
21 January 2021
Analysys Mason: Google investments adds $430 billion to APAC Google has invested more than $2 billion in network infrastructure across Asia Pacific (APAC) since 2010, indirectly contributing $430 billion to the region’s GDP.
30 November 2020
Six Asian cities in the globe’s top 30 cities worldwide Beijing has joined Tokyo on the list of top five cities in the world, while Hong Kong and Singapore also made an appearance in the top 10.
27 November 2020
Earth and marine observation worth billions to Asia Pacific Collaboratively harnessing the potential of Earth and marine observing (EMO) technology could add well over $1 trillion in value for Asia Pacific Economic Cooperation (APEC) economies by 2030.
25 August 2020
L.E.K. Consulting on how Covid-19 is impacting SEA consumers Based on a survey of over 2,000 consumers in the seven largest SEA countries – India, Indonesia, Malaysia, Philippines, Singapore, Thailand and Vietnam – management consultancy L.E.K.
04 August 2020
Facebook's Connectivity provides ASEAN $70 billion in economic value Facebook has been actively investing in eliminating connectivity barriers being faced by ASEAN countries, which Analysys Mason estimates could generate $70 billion in value for the region over the ne
20 July 2020
Vietnam poised for quick recovery once the global economy reopens Although Covid-19 threw a spanner in the works for Vietnam’s thriving economic growth story, McKinsey & Company suggests that the country could resume pre-crisis growth levels by next year.
14 July 2020
Digitisation and diversification can advance Indonesia’s resilience Despite its under pressure economy, Indonesia has an opportunity to capitalise on a post-Covid-19 environment, particularly in light of its resilience in recent years, according to McKinsey & Company
02 July 2020
India and the UK strengthen ties in the wake of Brexit India is strongly positioned to capitalise on the UK’s post-Brexit economy, currently operating with well over 800 companies in the country and contributing more than £460 million in corporation tax
24 June 2020
ADL puts forward 10-point strategy for reviving India's economy India’s economy is on the verge of facing its first recession in decades, and its impact could be immense, warns a new report by Arthur D. Little.
21 May 2020
As economies begin reopening, McKinsey examines the current covid-19 landscape As governments around the globe begin to wind-back the public restrictions put in place to combat the spread of Covid-19, McKinsey looks into several epidemiological factors.
18 May 2020
McKinsey contends that Asia could shape the new economic order Following the coronavirus pandemic which has rocked the globe, the countries of Asia could be the genesis of the world’s new economic order according to a new report from McKinsey.
20 April 2020
Consumer confidence returning in China according to McKinsey survey Consumer confidence is returning in China in stride with the country’s recovery from the peak of its coronavirus outbreak, according to a recent poll from McKinsey & Company.
06 April 2020
McKinsey boss says that after coronavirus nothing will be the same McKinsey boss Kevin Sneader has weighed in on what he thinks the implications of the global coronavirus pandemic will be for the business world, stating that nothing will be the same.
30 March 2020
What strategy consultancy McKinsey says about the coronavirus As businesses across the globe struggle due to the unfolding coronavirus pandemic, the services of the world’s leading strategy consulting firms may become more important than ever.
16 March 2020
US-China trade dispute dents investments, but optimism remains Inbound investment into Asia has undoubtedly taken a hit due to the US-China trade dispute, but a new report form consultancy YCP Solidiance applies a wider lens to the market.
12 March 2020
Deloitte responds to 'extraordinary' Singapore Budget 2020 The Singapore Budget 2020 has arrived, and following Deloitte’s wish-list in the lead up – including a call for tax credits to encourage skills development – many of the firm’s senior leadership in S
19 February 2020
Big Four release their wish-lists for Singapore Budget 2020: PwC This year’s Singapore budget is just around the corner, and the Big Four have released their wish-lists in advance. PwC suggests measures toward a caring and inclusive society.
17 February 2020
Big Four release their wish-lists for Singapore Budget 2020: Deloitte This year’s Singapore budget is just around the corner, and the Big Four have released their wish-lists in advance. Deloitte calls for tax credits to encourage skills development.
14 February 2020
Big Four release their wish-lists for Singapore Budget 2020: KPMG This year’s Singapore budget is just around the corner, and the Big Four have released their wish-lists in advance. Consultancy.asia highlights one areas of each firm’s input in a four-part series.
14 February 2020

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