On 12 June 2024, the winners of the 2024 FCI Awards have been announced during the FCI 56th Annual Meeting held in Seoul. FCI Business Awards The FCI Factor of the Year Awards recognise FCI Members who received the highest grades from their correspondents based on several criteria. Under this Award, we have various categories. […]
In 2024, the international real estate advisor expects a 30% YoY increase to 4.3m sq m, followed by a 3% YoY fall to 4.2m sq m in 2025. Developers have faced a significant increase in costs over the last few years which has impacted their pipeline. European office construction costs have risen by circa 50% […]
Nearly 90 % of Filipino small businesses expect to see growth in 2024 as the country ranks first among 11 surveyed Asia-Pacific markets for the third consecutive year, according to new research conducted by CPA Australia. CPA Australia’s Asia-Pacific Small Business Survey collected views from 4,222 small businesses in 11 Asia-Pacific markets, including 303 from […]
The Asia Corporate Payment Survey, conducted by Coface between December 2023 and March 2024, provides insights into the evolution of payment behaviour and credit management practices of about 2,400 companies across the Asia Pacific region. Respondents are active in nine markets (Australia, China, Hong Kong SAR, India, Japan, Malaysia, Singapore, Taiwan and Thailand) and 13 […]
Merge, a B2B fintech company that provides payments and banking infrastructure for digital businesses via a single API, is significantly expanding its currency coverage, adding US dollars (USD) and 60 other currencies to its existing GBP and EUR offerings. Merge’s expanded offering will include additional currencies from G10 countries like Australia, Japan, Canada, and Switzerland. […]
China has recovered its position as top spender on international tourism in 2023 as Asia and the Pacific consolidates its recovery from the impacts of the pandemic. In 2022, the list of top spenders was headed by the United States. France, Spain and USA took the top spots for most-visited destinations. Top Tourism Spenders in […]
14 of the 15 fastest growing cities by 2033 are likely to be in Asia, says Savills, posing particular opportunities for new development and business expansion, with the only non-Asian city to feature in the top 15 list being Riyadh in Saudi Arabia. Savills examined the economic strength pillar of its Resilient Cities Index, produced […]
Small businesses in Taiwan are expecting to rebound this year, reflecting growing confidence in the domestic economy, increasing numbers of respondents having new employment plans and a positive export outlook, a new survey conducted by accounting body CPA Australia found. The annual Asia-Pacific Small Business Survey conducted by CPA Australia reveals a significant V-shaped rebound […]
The latest economic report for the first quarter of 2024 from Bank Negara Malaysia (BNM), combined with new, revised data from the Department of Statistics Malaysia (DOSM), gives optimism about Malaysia’s economy in the coming year. Thus, the economy grew by 4.2% at the end of the first quarter of 2024, beating the 3.9% growth […]
In 2023, the World Factoring industry demonstrated robust resilience and growth, with a notable 3.6% increase in volume compared to 2022. This follows two consecutive years of double-digit growth, bringing the volume to €3,791bn, up from €3,659bn in the previous year. Although the growth rate has normalised compared to the volatility of recent years, it […]
