Contributor: PBEC Member Christophe Bosquillon & of Moon Village Association The current state of the global space economy is valued at a third of USD 1 Trillion. Morgan Stanley estimate that number may reach USD 1.1 Trillion by 2040, which is consistent with US-based United Launch Alliance projections. Nearly half of that number until 2040 is driven by satellite broadband and Earth observation, whose share may further increase with the rise of data-driven business models. But so far, low and…
An employer solution for trade leadership development To succeed in our complex, fast-changing global trade environment, companies need to attract and retain the best leadership talent with 21st-century skill. The Master of Global Trade was developed by employers, for employers, in collaboration with the Hinrich Foundation and RMIT University to help your business grow sustainably. The Master of Global Trade is a blended learning program designed so your rising stars can work full…
US-PECC would like to invite Pacific Basin Economic Council Members to its annual Policy Forum event. This year’s theme is Strengthening Trade and Economic Ties in the Indo-Pacific. In recent years, leading economies in the Indo-Pacific concluded two major plurilateral trade agreements that exclude the United States. The Biden administration has expressed a desire to reverse this trend by re-engaging with multilateral institutions and bolstering economic engagement in this critical region. However, the domestic political environment makes neither U.S. accession…
KPMG’s 33rd annual Hong Kong Banking Report reviews the overall sector’s financial highlights in 2020 and analyses key metrics for the top 10 locally incorporated banks in Hong Kong. It also examines key industry themes such as ESG, transformation, wealth management and Hong Kong’s continued role as an international financial centre and connector. Read more
New workplace data from the Gensler Research Institute uncover the right degrees of openness for an office design, and how to invest in work-focused amenities — including coworking — that result in higher employee engagement, business performance, and profit. The Gensler U.S. Workplace Survey 2019 represents the input from more than 6,000 U.S. office workers across a variety of industries and demographics to provide new insight into not only what makes an effective workplace, but the investments companies can make to…
The younger generation of the family businesses are more willing to invest in projects that can help crack down on pollution or have a positive impact on society, according to a survey by PwC There is a risk of conflict when family members have different views of what environmental, social and corporate governance (ESG) projects to back Family businesses in Hong Kong are increasingly keen to invest in projects that have strong environmental, social and corporate governance (ESG). But they…
: Henley & Partners’ Group Head of Private Clients Surveys the Current World of Investment Migration
In so many ways, the world has been turned upside down and inside out by the Covid-19 pandemic. In the world of investment migration, demand has never been stronger for residence and citizenship alternatives around the world, with even more of the world’s wealthy assembling an assortment of options. Having for many years been located in Singapore, Dominic Volek moved to Dubai in late 2020, where the time zone is ideal to fulfil his current roles as a member of…
Hong Kong-based Far East Consortium, a frequent buyer of UK real estate, has turned seller with its latest deal by agreeing to offload a City of London hotel for £115 million ($160.4 million). FEC expects to record a gain of about £50 million from the sale of the Dorsett City London Hotel, the company said in a Tuesday press release. The buyer is a company controlled by two New York-based investment firms, Highgate Hotels and Cerberus Capital Management. Upon completion of…
Property conglomerate Lippo Group, through a subsidiary, has invested around Rp 21 billion (US$1.46 million) in Ruangguru, acquiring a 3.38 percent stake in the education technology (edutech) start-up. In a letter to the Indonesia Stock Exchange (IDX), Lippo Group’s publicly listed subsidiary, PT Multipolar (MLPL), confirmed that it had a minority share at the edutech firm through an investment made by subsidiary company PT Nusa Jaya Cipta. “The company [PT Multipolar] is not a controlling entity of Rungguru,” the letter,…
Aboitiz Group President and Chief Executive Officer Sabin M. Aboitiz joined business leaders across the world at the UN Global Compact Leaders Summitto tackle the converging global crises of the COVID-19 pandemic, climate change, and economic inequity in order to develop a roadmap for sustainable recovery. As a member of the UN Global Compact and the Global Compact Network Philippines Board of Trustees, the Aboitiz Group was invited to share its unique perspective on the topic of Energy Transition for A Sustainable…