PBEC BoD & Member: Top Glove Corp – Chairman Tan Sri Lim bullish on continuing demand – the best quarterly results still to come. Announces investment of 4-5 new factories to be constructed within next 12 months in Malaysia to meet Global demand. KUALA LUMPUR: Malaysia’s largest rubber glove manufacturer Top Glove is investing US$1 billion over the next five years to expand its production capacity, in order to meet surging demand for protective gloves amid the COVID-19 pandemic. Speaking…
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Aboitiz Group President and Chief Executive Officer Sabin M. Aboitiz was recently appointed as a member of the APEC Business Advisory Council (ABAC), joining two other previous appointees to represent the Philippines. ABAC was created in 1995 by Asia-Pacific Economic Cooperation (APEC) Leaders to provide advice on the implementation of the Osaka Action Agenda. It currently serves as the voice of the business sector, specifically providing information on business-related issues or providing the business perspective on specific areas of cooperation….
Hong Kong will attract listings by international companies, not just Chinese firms, as Greater Bay Area opens up, outgoing IPO panel chief says Hong Kong will continue to attract listings by international and Asian companies in the coming years, as the 2018 reforms and a soon to be launched wealth management connect scheme increase access to and capital flows from the Greater Bay Area, said Andrew Weir, who steps down as chairman of the Listing Committee this week. The 28-member committee…
As parts of the globe cautiously begin to open up, the focus is on what travel freedom and global mobility will look like in a post–Covid-19 world. Last week the EU released a list of countries whose residents would be allowed entry into the bloc from 1 July based on coronavirus-related health and safety criteria. Included on the welcome list are countries such as Australia, Canada, Japan, and South Korea that traditionally score highly on the Henley Passport Index —…
The unravelling spread of the COVID-19 pandemic, and its socio-economic impacts, continues to make the operating environment highly uncertain. The IMF World Economic Outlook 2020 succinctly summarises the uncertainty for global growth. The economic fallout depends on factors that interact in ways that are hard to predict, including the pathway of the pandemic, the intensity and efficacy of containment efforts, the extent of supply disruptions, the repercussions of the dramatic tightening in global financial market conditions, shifts in spending patterns,…
Back in March after the 1st Senior Official Meetings of 2020 had taken place in KL, Malaysia, we observed that APEC’s response to the COVID-19 challenge would be a profound test of our collective commitment to our core values of cooperation, collaboration and partnership to secure the growth of our economies and the well-being of our people. That still holds true today. As the regional Governments and business leaders look to deal with the ongoing impacts of the pandemic, and…
By An Kelles, Director – Greater China, Jersey Finance Asian investors have been looking for jurisdictions that can offer expertise, stability with no regulatory, legal or economic surprises. If ever there was an opportunity for fund jurisdictions to distinguish themselves, the start of 2020 is a defining moment with the outbreak of the COVID 19 crisis and the EU Council decision to add the Cayman Islands to its tax haven blacklist. In Jersey, our funds services businesses have shown strong resilience…
When impact investing forms part of the strategic focus rather than affecting financial returns negatively, it adds value to a portfolio and enhances investment performance. This concept is referred to as “impact alpha”. Join PBEC as it hosts an all women panel of investor experts from across Asia on the rising significance of Impact Investing. Sign up here: https://us02web.zoom.us/webinar/register/2315934200273/WN_IGc4x_J1TP2bITCPP5BI2w
Key insights & considerations from seasoned experts on China & ASEAN Investment Sentiment. A Dialogue discussion with Guotai Junan, Raffles Group & Henley & Partners. PBEC.org · PBEC Podcast: An Asian Investors Sentiment
Latest Interview with Miguel Aboitiz Former Chief Strategy Officer at Philippine Family Conglomerate Aboitiz Power Corp. Three months on from our last keynote session. PBEC.org · PBEC Podcast with Miguel Aboitiz Former Chief Strategy Officer at Aboitiz Power