Member Updates

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: VN stock market ready for rebound as negative factors abate: States PBEC’s VinaCapital – Nov 2023

The negative factors that affected the stock market are in the rear-view mirror or getting there, and the prospects of higher stock prices in the months ahead are supported by rebounding earnings growth, a recovering economy and cheap valuations, according to Michael Kokalari, chief economist at VinaCapital. Read More HERE: https://vietnamnews.vn/economy/1636502/vn-stock-market-ready-for-rebound-as-negative-factors-abate-vinacapital.html  

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: Repositioning PBEC’s Velocity Group under a new brand and consolidated group of businesses

Velocity Technology, a leading IT professional services firm headquartered in Hong Kong and serving clients across the Asia Pacific region, is thrilled to announce its vibrant rebrand. The rebrand reflects Velocity’s commitment to “shining the light on all things IT” for their clients, and marks a significant milestone in the company’s growth and expansion. Celebrating our New Look & Strengthened Team Velocity Technology Unveils Vibrant Rebrand with StratusRed, City Computing and Talented City as New Additions to the Velocity Group…

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: PBEC lends its Support to 150 Years of Women in STEM Gala Dinner at the Asia Society HK- OCT 2023

PBEC CEO Michael Walsh and Board of Director Sebastian Man who is also recently appointed to the MIT HK board committee were in attendance alongside leading HK business leaders/former and current Government officials supporting the MIT celebration of 150 years Women in STEM. The event was graced with multiple alumni of MIT including Marjorie Yang Mun-tak GBS a former PBEC Board of Director who represents Hong Kong at ABAC amongst many other esteemed titles and roles. We heard from the…

Beena Sharma with Chairman Andrew Weir

: Leading Carbon Capture, Utilisation and Storage (CCUS) entrepreneur Beena Sharma Briefed PBEC Members on the Opportunity-SEP 2023

CCU International in partnership with CS Tech Solution Limited brought #carboncapture to Hong Kong for the first time at the recent #rethinkhk2023 expo. On the early morning before the expo opened, CCU International Founder and CEO Beena Sharma alongside CS Tech CEO Dixon Chan came and spoke with PBEC members at a closed door briefing session at the KPMG offices in Central. Our Chairman Andrew Weir and CEO Michael Walsh welcomed them to Hong Kong. Dixon expressed his excitement about…

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: Great interest from regional business leaders in the future development of trade under the Belt and Road Initiative – SEP 2023

PBEC Chairman & Regional Senior Partner of KPMG in Hong Kong and the vice-chairman of KPMG China, spoke at “Project Investment Session: New Market” at the 8th Belt and Road Summit 2023 at Hong Kong Convention and Exhibition Centre in Wan Chai on Sept 14, 2023 and was also the Co-ordinator at the 6th  Annual Roundtable of the Belt and Road Global Forum that over 180 business leaders, NGO’s and Government officials attended both in person and online held later…

PBEC CEO moderated a China Panel at Investment summit in Singapore

: UHNW luxury China Market segment remains important but brands need to adapt to consumer expectations – SEP 2023

PBEC’s CEO Michael Walsh moderated and spoke on a Chinese economy focused panel, in relation to China’s luxury goods sector, at the recent Corporate Jet Investor Conference, held in the Shangri-La Hotel on 19-20th September 2023. His fellow panellists included leaders from MNC & manufacturer Textron Aviation USA in China, to a leading private aircraft operator and management firm in China called Deerjet. There were also founders and entrepreneurs from China in aircraft sales, charter and finance segments, providing insights…

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: Viet Nam’s Outlook a Positive One for Attracting Foreign Investment – says PBEC’s Don Lam – OCT 2023

VinaCapital Group CEO & Founding Partner Don Lam opened their annual Investment Summit 2023 in HCMC on Oct 3rd 2023 which PBEC supported, with several members in attendance and speaking. Green energy, semiconductors, healthcare and high-tech are among the sectors in which Việt Nam attracts the most interest from foreign investors, according to VinaCapital Group. He noted that the recent elevation of US-Việt Nam relations to a Comprehensive Strategic Partnership has brought many US semiconductor companies to Việt Nam to…

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: The 2023 World Digital Economy & Technology Summit – a huge success

PBEC CEO Michael Walsh attended and spoke at the recent WETS summit in Penang, Malaysia which PBEC was an official co-organiser. Over 250 delegates came to the Shangri-La Resort Hotel to witness a whole days content and networking on the digital economy. Senior Govt officials from Malaysia including the Governor of Penang and the High Commissioner of India B.N. Reddy & First Secretary C. Sushma High Commission of India, Kuala Lumpur were in attendance and spoke on the importance of…

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: PBEC Corporate Member Aboitiz eyes multi-bank fintech platform for SMEs – July 2023

ADI is building a SME lending platform that it hopes will attract external players and compete abroad Aboitiz Data Innovation (ADI), a unit of Filipino conglomerate Aboitiz Group, has developed a fintech lending platform that enables its in-house banks to serve SMEs. It plans to invite third-party banks to use the platform in a bid to create an independent business able to serve the entire region. Guy Sheppard, chief operating officer for financial services at ADI in Singapore, says a…