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…
Member Updates – Featured
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…
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…
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…
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,…