Tag: Asia Pacific

Cost allocation has emerged as a strategic lever and finance transformation priority for finance leaders in Asia amid increasing pressure ...

Finance teams found their way in 2024 to keep up with the ever-changing market landscape brought about by a number ...

ASEAN enterprises are now leading in data intelligence, training their large language models (LLMs) with enterprise data. This is the ...

Although there is clear recognition that the role of the financial controller is in flux, and despite the adoption of ...

Financial controllers in Asia-Pacific are preparing for radical change in their roles over the next five years, according to the ...

Confidence among chief financial officers, accountants, and finance professionals declined moderately in the third quarter of 2024, marking its lowest ...

There is a significant opportunity to create positive impacts as boards and leadership teams switch their focus on sustainability, with ...

Travel spending is on track to fully recover to pre-pandemic levels by the end of 2024, surpassing US$2 trillion, according ...

Companies across the Asia Pacific region are facing an urgent need for portfolio rebalancing, according to a new Deloitte Asia ...

Wolters Kluwer Tax & Accounting (TAA) Asia Pacific (APAC) reported a significant uptake in the adoption of BEPS Pillar Two ...

Debt funding gap in the Asia Pacific region is relatively small, compared with Europe (US$191.4 billion) and the U.S. (US$157.3 ...

A high prevalence and deep concerns about the damaging impact of bribery and corruption on small- and medium-sized enterprises (SMEs) ...

Among the key trends that emerged in the recent Money20/20 Asia 2024 event in Bangkok, Thailand include dispelling the myth ...

Editor’s note: GenAI adoption is touted to bring benefits to enterprises and their finance functions. Nikhil Parambath (pictured), Regional Vice-President, ...

Chief financial officers step into the new year with strategies in mind for the benefit of their organisations as a ...

The near-term economic outlook for the ASEAN region in 2024 remains positive, according to S&P Global Market Intelligence. Rajiv Biswas, ...

There are four Asia Pacific economies that Fitch Ratings expect to grow at least 5% in 2024. Economic growth in ...

The Asia Pacific economic outlook is expected to remain bright in 2024 after a rapid expansion in 2023, said Rajiv ...

Chief financial officers in the Asia-Pacific region will be zeroing in on revenue growth for the next 12 months, according ...

Chief financial officers in the Asia-Pacific across various sectors such as financial services, life sciences and health care, manufacturing, public ...

Asia Pacific consumers will likely have more to spend on discretionary items in 2024, said Mastercard Economics Institute (MEI) recently. ...

Firms in Singapore need to produce plans for reducing their carbon emissions, according to a report from ACCA, IFAC and ...

Asia Pacific medical costs and healthcare benefit costs will continue to rise, said WTW recently when releasing results of its ...

Cross-border payment innovations are gearing towards a new phase in the Asia-Pacific region, according to Meng Liu, a senior analyst ...

Real salaries in Singapore are estimated to rebound in 2024 as inflation eases, said ECA International recently. Workers in city ...

Generative AI benefits will only be realised by 30% of Asia Pacific firms that have more mature IT practices, according ...

The Asia-Pacific region has entered its "golden era" of digital economy, according to a report by the World Economic Forum ...

Chief financial officers, apart from their apparent role of overseeing the financial activities of the organisation, are found to have ...

Insolvencies in Asia are expected to see a moderate increase next year before stabilising in 2025, as a result of ...

Data centres in the Southeast Asia region need to evolve to meet changing demands and stakeholder expectations amid the growth ...

Artificial intelligence spending in the Asia-Pacific region is expected to surge to US$78.4 billion by 2027, according to International Data ...

A majority of business and personal activity involving sending Chinese data abroad will no longer need to go under a ...

Asia Pacific sovereigns are seeing diverging reserve dynamics, said Fitch Ratings recently. Some central banks have been able to accumulate ...

Asia Pacific business leaders eye AI and dealmaking as fears of a severe recession fade. This is according to the ...

Technology spending in Asia Pacific will remain robust and grow by 5.8% to hit US$732 billion in 2023, said Forrester ...

Asia Pacific has emerged as the new ground zero for cybercrime incidents, said Check Point recently. According to a report ...

Emerging financial fault lines in Asia Pacific may induce sovereigns, central banks and companies in the region to diversify the ...

Cross-border M&A is an important way that Asia Pacific’s top 50 consumer product companies (CP 50) adopt to expedite growth, ...

Insolvencies in Asia Pacific are set to hike by 12% and 5% this year and next, said Allianz Trade recently. ...

Asia Pacific private equity deal value plunged 44% year-on-year to US$198 billion in 2022, ending two years of record dealmaking, ...

While CFOs are mitigating bank failure risks, businesses are worried about a spillover to Asia Pacific. According to Fitch, APAC ...

Finance leaders walked away with trophies at the FutureCFO Excellence Awards 2023. On Feb 22, more than 20 winners and ...

CFOs: Is global remote hiring part of your company's talent strategy?Asia Pacific emerges as the fastest growing region in terms ...

Defaults among Asia Pacific high-yield nonfinancial firms is estimated to decline to 7% this year from last year’s 10.9%, said ...

The downturn for Asia Pacific is expected to be severe but short, said EY recently when releasing results of a ...

Digital fraud attacks are not only on the rise but are also more sophisticated in Asia Pacific, said LexisNexis Risk ...

The credit trend for Asia Pacific’s non-financial firms is stable in 2023 said Moody’s recently. However, slowing economic growth, persistent ...

The Asia Pacific credit outlook is stable against the backdrop of contained government liquidity risks, broadly stable debt dynamics and ...

A new multi-speed global economy will impact growth of different countries and consumer spending behaviour, according to the Economic Outlook ...

A strong US dollar will have credit effects on rated Asia Pacific companies, with those that have a significant portion ...

There are five success factors for businesses in Asia Pacific, said PwC recently when launching a report titled“Asia Pacific’s Time: ...

Asia Pacific outlook for rated nonfinancial companies is stable with still-solid, though slowing, growth and supportive domestic business conditions, said ...

The credit trend for nonfinancial firms in Asia Pacific will remain stable for the remainder of 2022, said Moody’s recently. ...

While navigating challenging times, business leaders in Asia Pacific are set to spend more. According to findings of EY CEO ...

Healthcare benefit costs in Asia Pacific is set to increase by 10.2% next year, said WTW recently when releasing results ...

Citi has named Anand Sairam as CFO for Asia Pacific, according to media reports citing an internal memo. The memo, according ...

CFOs in Asia Pacific are rarely informed by information security teams about cyber security risks despite being confident in their ...

Asia Pacific emerging market firms' earnings will improve and its growth is set to outperform that of developed market firms, ...

Pay and bonus as well as job security are still the most important factors in attracting and retaining employees, said ...

When it comes to technology budgets, businesses are spending more on cybersecurity, said Sophos recently when releasing results of a ...

Shangri-La Asia announced recently its appointment of Chua Chee Wui as its CFO with effect from 31 August.  Chua, 55,  is taking ...

When it comes to the future of jobs in Asia Pacific, Forrester forecast recently that the working populations in the ...

When it comes to pay raise amid inflation, 33% of companies in Asia Pacific is conducting off-cycle wage reviews and ...

Asia Pacific M&A activity remains robust in 2022 despite major geopolitical and financial headwinds, said EY recently when releasing results ...

When it comes to digital agility in Asia Pacific, there is a need for greater collaboration between CFOs, CHROs, and ...

Credit trends in Asia Pacific for most non-financial companies in the rest of 2022 remain stable with the exception of ...

Pay raises in 2023 in Asia Pacific will be driven by tight labour market and inflation concerns, said WTW recently. ...

Remote hiring has enabled companies to secure quality talent and alleviate the stresses arising from the dearth of qualified candidates ...

Fraud costs in Asia Pacific has grown 10%-16% for businesses over 2019 pre-pandemic levels, said LexisNexis Risk Solutions recently. For ...

The optimism in M&A might be sustainable though activity level would not be the same as that in 2021, said ...

The total cost of financial crime compliance is projected to hit close to the US$ 50.1 billion mark in 2022 ...

CFOs have bullish expansion plans despite the current challenging business environment, said employment platform Globalization Partners (G-P) recently. A research by ...

Asia Pacific consumers are a driving force behind the region’s interest in purchasing sustainable goods, showing brands the importance of ...

The credit trend for Asia Pacific companies will remain broadly stable in 2022, said Moody's recently. The stable trend is ...

More than a quarter of rated Asia Pacific (APAC) companies will be at risk under a downside scenario of a ...

Digitalisation has a more important role in play in sustainability as 88% of C-suites in Asia Pacific will increase the ...

Global IPO market saw significant slowdown in Q1 2022 after fter record-high levels of global IPO activity in 2021, said ...

Eleven high-yield (HY) corporates in Asia Pacific rated from ‘B-’ to ‘BB+’ could face elevated refinancing risks under a stagflation ...

Supply side strains in Asia Pacific will remain elevated at least through the end of the year, with energy and ...

Asia Pacific will see growing risks to its economic growth as a result of the Russia-Ukraine war, said Moody’s recently. ...

Defaults among high-yield nonfinancial companies in the Asia-Pacific will slightly decline but stay elevated in 2022, said Moody’s recently. This ...

How can Asia Pacific finance professionals upskill and future-proof their career? ACCA launched the free new Career Navigator tool late ...

Cross-border M&A, supply chain and sustainability are top priorities for Asia Pacific business leaders, said EY recently when releasing its ...

The credit trend for Asia Pacific companies will remain broadly stable through 2022, Moody’s said recently. Smoother and more sustained ...

Asia Pacific’s economic growth pace will stabilise in 2022, supporting a broad normalisation of credit conditions across sectors, said Moody’s ...

Fueled by tight labour markets and the rise in inflation this year, employers in Asia Pacific are boosting their pay ...

The global IPO market had an exceptional year in 2021 despite all the uncertainties, breaking records by IPO volume and ...

The past two pandemic years have been a rough ride, not just for businesses but for finance leaders too. Most ...

The cost of Asia Pacific healthcare benefit sponsored by employers are expected to rise by 7.6% on average in 2022, ...

The new Asia Pacific Chapter of the Accounting for Sustainability (A4S) Chief Financial Officers Leadership Network has been announced at ...

Asia's (ex-Japan) corporate sector will be largely stable over 2022 on the back of a demand rebound from advanced economies, ...

Asia Pacific is expected to have the highest hike once again when it comes to 2022 salary increase, said ECA ...

Mastercard announced recently that it has teamed up with cryptocurrency service providers Amber Group, Bitkub in Thailand, and CoinJar in Australia to launch crypto-funded ...

Global VC investment set a record for the third-straight time with US$171.7 billion across 8,682 deals in Q3 , up ...

When it comes to profitability during the pandemic, businesses have suffered decrease and 32% of 536 businesses across 26 trade ...

Board independence sees uneven progress in Asia Pacific, said CFA Institute recently when releasing its new report “Independent Directors in ...

Asia Pacific covered bond issuers comprise high-quality financial institutions that can support the credit quality of their covered bonds through ...

Pay rises are making a comeback in Asia Pacific, said Willis Towers Watson recently.  Companies in the region plan to ...

Asia Pacific M&A activity hit an all-time high in the first six months of 2021, with M&A values targeting the region ...

Global fintech investment reached US$98 billion across 2,456 deals in the first half of 202 — outpacing last year’s annual ...

Asia Pacific likely will grow faster in 2021-22 than the Middle East & North Africa and Latin America, but performance ...

Collaboration between financial planning and analysis (FP&A) and business and operations teams when forecasting and planning is greater in organisations ...

The trailing 12-month default rate for Asia Pacific high-yield nonfinancial companies will fall to 3.6% at the end of 2021, ...

As companies transition to new ways of work, the number of organisations in Asia Pacific (APAC) making employee experience a ...

Strategic M&A activity will be a key driver of the post-pandemic recovery right across Asia Pacific, as companies more aggressively ...

Asia Pacific growth will see intra-regional disparities  though economies are recovering from the initial shock of the pandemic, said Fitch ...

Liquidity-fuelled IPO markets in the traditional slow Q1, with 430 deals raising US$105.6 billion in proceeds, said EY recently. The ...

Higher yields for long-dated sovereign bonds will result in near-term losses for Asia Pacific banks as they recognise valuation changes ...

Mastercard said recently that it has partnered with SAP Concur to deliver an expense and invoice management process to banks, ...

Are organisations in Asia Pacific doing what it takes to guard themselves against cybersecurity challenges? According to Cisco’s 2021 Security Outcomes ...

Moody’s forecasts a 3.6% trailing 12-month high-yield non-financial corporate default rate for Asia Pacific at the end of 2021, down ...

Credit conditions in Asia Pacific will improve in 2021, supported by the gradual recovery of economic activity given the early ...

Employers in Asia Pacific project pay rises at an average of 5.3% this year, as countries in the region continue ...

Asian firms were the most optimistic in Q4 2020, said INSEAD that recently released the results of the Thomason Reuters/INSEAD ...

Asia Pacific has seen the single biggest rise in regional financial non-compliance fines from US$6.6 million in 2019 to US$5.1 billion ...

The impact of the COVID-19 pandemic led to a faster decline in M&A activity across Asia Pacific countries and globally ...

Asian countries expect to see an average pay raise of 4.3% in 2021, compared with the average of 3.2% increase ...

Trade in Asia Pacific could increase by US$90 billion annually due to reduced export costs brought by the Regional Comprehensive ...

Employer-sponsored healthcare benefit costs are expected to increase by 8.5% in Asia Pacific in 2021 following a year in which ...

The global M&A market recorded its first positive performance in three years for completed deals, despite the impact of the ...

Asia-Pacific banks' creditworthiness should remain largely intact through the current economic downturn, despite substantial risks, said Moody’s Investors Service. "We ...

Asia Pacific regulators in China, Hong Kong, Singapore, Malaysia, Taiwan, India and Pakistan have altogether issued almost US$4 billion of ...

Moody's baseline scenario predicts a trailing 12-month APAC high-yield non-financial corporate default rate of 6.0% in 2020, up from 1.1% ...

The coronavirus-triggered global recession will continue to pressure Asia Pacific non-financial companies, with negative credit trends to persist through the ...

Listings in greater China grew by 29% and the amount of money raised soared 72% from last year in the ...

About 22% of 476 rated non-financial companies in Asia Pacific have high exposure to coronavirus disruptions, up from 20% in ...

There are five economies that are more resilient than the others in Asia Pacific, according to the 2020 FM Global ...

The number of carve-out acquisitions is expected to rise as businesses in Asia Pacific look to restructure because of the ...

The average monthly rent for expats in Singapore has risen for the first time in five years, said ECA recently ...

The Hong Kong Monetary Authority has cut its benchmark interest rate today by half a percentage point to mirror the ...

Many companies in Asia Pacific will be forced to restructure operations to stay afloat if the new Coronavirus outbreak (COVID-19) ...

Many Asia-Pacific organisations are holding back their adoption of AI because of mistrust, potential bias, and a lack of transparency ...

Will the Regional Comprehensive Economic Partnership (RCEP) trade pact still come through in February next year after India’s decision to ...

More than two-third of Asian firms surveyed by INSEAD recently plan to cut jobs out of recession fear though their ...

Medical costs in Asia Pacific are forecasted to increase from 8.6% in 2019 to 8.7% in 2020, said Aon recently. ...

Companies operating in Asia Pacific change their strategies as they expect the US-China trade war to deteriorate further. According to ...