We are delighted to be joined by Andrew Weir our Chairman and Senior Partner and Vice Chairman of KPMG China on our latest episode of the Value Prop. Andrew provides us with some excellent commentary on the big topics concerning his clients and sharing some of his insights on the current status of APAC’s economy and where its heading into the latter part of 2023. Q2 felt like a cautious quarter overall in terms of business leaders sentiment I have…
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…
We will hear from leading female expert in the field of Next Generation Carbon Capture Technology Guest Keynote speaker: Beena Sharma CEO of Tech start-up CCU International will be joining us for the first half of the PBEC Bi-monthly scheduled meeting ahead of the international Rethink Conference in HK. An award-winning, results-driven, and self-motivated Director with experience in various industries including oil & gas, renewables, manufacturing, construction, cleantech, and healthcare. Focused primarily on driving innovative approaches and supporting start-ups and…
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…
PBEC Trade Report July 2023 AUSTRALIAN INDUSTRY CALLS FOR TASMAN TRADE BOOST: The Australian Industry Group has moved to reinvigorate the Australia-NZ Closer Economic Relations Agreement saying decisions by regulators were undermining the agreement. It proposes a Task Force of political, industry and regulatory leaders. INDIA BANS RICE EXPORTS: India has banned the export of non-basmati white rice in a bid to lower prices and boost availability for domestic consumers. The ban was announced with immediate effect during the week….
In this episode the Value Prop Show is delighted and proud to have PBEC intern Rhea Mehta as our guest host, interviewing one of our most famous youth ambassadors at PBEC Natalie Chung. Natalie is a passionate environmentalist and social entrepreneur. Natalie has devoted her life to taking climate action. She is an inspiration to our peers and the next generation of young leaders coming up in tackling a truly global issue of concern for humanity. Natalie’s day job is…
Yes you heard that right. My hope is that artificial intelligence (AI) and robotics will be used primarily to eliminate the tedious, bullshit work in which most of humanity currently toils, so that more and more people can pursue their passions in a similar fashion. Ideally, this will lead to our next great renaissance of art and culture, as millions (or even billions) of humans are suddenly free to do what they love and create happiness through art. Before such…
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…