Mr. Anish Lalvani is the Chairman of Euro Suisse International Limited, an electrical appliance and consumer electronics marketing group, which has business interests in Hong Kong, Europe, Africa and the Middle East. Anish has lived and worked in the UK, USA, India and Hong Kong (since 1993) and holds an MBA degree from The University of San Diego. He is a Non-Executive Director of Chen Hsong Holdings Limited, a Patron of the Asian Cultural Council, a member of The HKUST…
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PBEC congratulates our Board Member Tan Sri Dato’ David Chui and his company FEC -Far East Consortium who were voted Best CEO and Best Small-Cap Company respectively by Finance Asia – April 2022. FinanceAsia is delighted to announce the winners of our annual poll investigating Asia’s Best Managed Companies. With the input of investors and analysts alike, this invaluable benchmark of the region’s most influential companies evaluates the corporate behaviour and performance of Asian peers over the past 12…
Prospects for the global economy have darkened since the outbreak of war in Ukraine on 24 February, prompting WTO economists to reassess their projections for world trade over the next two years. The organization now expects merchandise trade volume growth of 3.0% in 2022 — down from its previous forecast of 4.7% — and 3.4% in 2023, but these estimates are less certain than usual due to the fluid nature of the conflict (Table 1). The most immediate economic impact…
By Steven Irvine – Founder, CEO & Editor ‘Week in China’ Charging into our list Latest update to our Top 50 Unicorns ranking adds more EV-related firms The one year-old EV spin-off from Geely is now worth $10 billion and places 10th in our ranking For anyone watching the new Apple TV+ drama WeCrashed about Adam Neumann’s meteoric rise and implosion as the boss of WeWork, the unicorn will be a familiar image. That’s because in the opening credits the…
Issue: 019: April 2022 INDONESIA BANS EXPORT OF PALM OIL: Indonesia has for the second time this year banned palm oil exports. The latest ban took effect today and is a bid by the world’s largest producer to lower domestic prices of cooking oils. Edible oil supplies have been significantly impacted by the Russia-Ukraine war. AUSTRALIA IMPLEMENTS URGENT BIOSECURITY ACTION: Australia has imposed new biosecurity import rules in a bid to protect farmers against khapra beetle. The beetle is an…
In announcing subsidies, tax cuts and other measures to lessen the impact of global price shocks on consumers and foster growth, Asia-Pacific economies could see fiscal deficits increase through 2022. – April 2022. Priyanka Kishore Head of India and South East Asia, Macro and Investor Services at Oxford Economics Makoto Tsuchiya Assistant Economist at Oxford Economics Coal mining in South Kalimantan, Indonesia. Photo by Dominik Vanyi on Unsplash. After fiscal deficits widened substantially in 2020, most Asian economies resorted to…
This report highlights the firm’s environmental, social and governance (ESG) commitments and progress across four key pillars: Planet, People, Prosperity and Governance. Its Impact Plan (OIP) demonstrates the firm’s commitment to greater transparency and accountability for its actions and impact on society. A timely read for our PBEC Community especially for those of you having to comply with your own ESG requirements. Explore more by clicking here: https://lnkd.in/g3kZNS4e
PBEC Member News, April 2022 – We are pleased to announce that Mr. Huang a Co-Chairman of P.C. Woo & Co has joined the PBEC as a Corporate Member commencing 1st May 2022. He joined P.C. Woo & Co a leading law Firm in Hong Kong in 1983 as an articled clerk. Since admission as a partner of the Firm in 1991, he has been a managing partner, and oversees the Probate and Trust Practice and leads the Education…
Dear fellow Board of Directors, Members and Esteemed Colleagues of PBEC, The Pacific Basin Economic Council and I cordially invite you to kindly REGISTER and attend this year’s Annual General Meeting. This year once again we have taken the pragmatic decision to host this AGM virtually, which allows as many of our international members and partners the opportunity to attend and participate LIVE. When: Tue 24th May 2022 Time: 1600 -1700L HKT/SGT Location Zoom- Pre-Register Here: https://us02web.zoom.us/webinar/register/WN_7XeXUPc_T4uu6p5ibU4IVQ You can nominate…
The 2022 edition of our annual report with Morgan Stanley offers insights into the next cycle for the wholesale banking industry. The wholesale banking industry has passed through two cycles over the past decade: reform and restructuring from 2012-2019 and volatility-fueled growth from 2020-2021. The fundamental question facing the industry now is what the next cycle will hold. Wholesale banks face great uncertainty as we head into 2022, but we see more cause for optimism than concern. The wholesale banking…