PBEC BoD Thomas Wong Co-Founder CW CPA shared their most recent news and we got to speak to Thomas about this exciting news, “My football story began almost 50 years ago in high school. I was in a football team called Gazelle (attached pic, I’m in the back row on the far right). In those days, I was fond of the Brazil football team and their left wing called Rivalino …today my football story continues again with Brazil … I…
Member Updates
Powerwell International Sdn Bhd is a wholly owned subsidiary of Powerwell Holdings Bhd KLSE: PWRWELL Datuk Adam Yee is currently their Managing Director & CEO of Powerwell International Sdn Bhd. Adam is also a member of the Board for the Malaysian German Chamber of Commerce (MGCC) and a subcommittee member for Construction and Development for Malaysia China Business Councils (MCBC). With Adam leading the helm, his appointment in Powerwell in 2022 has accelerated the company’s successes even further. After his…
As the CEO for North Asia and Regional Head of Distribution at QBE Asia, Lei Yu has implemented well-defined strategies for the business and its distribution and partnership areas. These strategies have been instrumental in driving the company’s Asia growth ambition. Lei brings a wealth of knowledge and experience in driving profitable growth, having served in executive leadership positions in various global insurance hubs over her career. “I strongly believe in the power of teamwork,” she says. “I actively…
PBEC’s Powerwell International Sdn Bhd, a wholly owned subsidiary of Powerwell Holdings Bhd, has successfully obtained a purchase order (PO) worth RM40 million from a solar supplier company in Bangladesh, Dynamic Sun Energy Private Ltd which is also a unit of Paramount Group Bangladesh. In a statement today, the manufacturer of low voltage (LV) and medium voltage (MV) electrical power supply equipment said the new PO is expected to contribute positively to consolidated income and net assets for the financial…
The Big Picture Boosting growth while eyeing the long term. What are the policy options for China? By Li Cui The latest Chinese data indicates a modest recovery post pandemic, with diverging sectoral trends. After the strong rebound in 1Q, the Chinese economy grew at a more modest pace of 0.8% in 2Q. The latest data paints a mixed picture: while industrial growth and investment outperformed market expectations in Jun, the incipient consumption recovery disappointed. To view the latest report…
KPMG will invest at least $2 billion over the next five years with Microsoft to co-develop cloud and generative AI tools, the companies announced Tuesday. Why it matters: Rival consulting giants like PwC and Accenture also have made large-scale commitments toward AI-powered changes. Details: All of KPMG’s businesses — audit, tax and advisory — will be impacted by the products that will be developed through this expanded partnership, KPMG U.S. chair and CEO Paul Knopp tells Axios. KPMG and Microsoft…
Far East Consortium International Limited (“FEC” or the “Group”) is delighted to announce that the Group has won three honours at the HKIRA 9th Investor Relations Awards 2023 (“Awards”) hosted by the Hong Kong Investor Relations Association (“HKIRA”), including “Best IR Company”, “Best Investor Meeting” and “Best Annual Report”. The results were announced at the Awards Presentation Ceremony held in Hong Kong on 28 June 2023. FEC has won the “Best IR Company” award for the eighth consecutive year. Furthermore,…
A series of 12 concerts by Cantopop superstar Jacky Cheung over the past month attracted a record-breaking 109,000 fans to The Venetian Macao’s Cotai Arena, prompting Sands China President & PBEC Emeritus Chairman Dr Wilfred Wong to hail the positive impact the residency provided to the Macau economy. Originally slated to perform six shows in June, that number was doubled after the original allocation for the Macau leg of Cheung’s latest world tour – and first visit to Macau in…
At our Annual Dialogues Summit 2022 in November, PBEC teamed up with The Local2030 Islands Network and advocate for Dashboard data monitoring software as an essential tool in sharing best practices to mitigate emissions and achieve its SDG goals. It is the world’s first global, island-led peer-to-peer network devoted to advancing the Sustainable Development Goals (SDGs) through locally driven solutions and we really like many of the initiatives this group is developing, so its only fair we share. Sharing is…
Far East Consortium International Limited (“FEC”; Stock Code: 35.HK), is delighted to announce the opening of two landmark hotels in the CBD of Melbourne, Australia. On 23 March 2023, FEC opened the Ritz-Carlton Melbourne. The hotel consists of 257 luxury guest rooms located within the West Side Place mixed-use development in the CBD of Melbourne. The lobby sits on the 80th floor and all the rooms offer impressive views over Melbourne. The Ritz-Carlton Melbourne represents the second Ritz-Carlton developed and opened…