Tag: ASIA
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Building Resilient Banks in a Digital Era: Strategies for Success
The article delineates the pressing need for banks to integrate resilience into their operational frameworks amidst increasing technological failures. It outlines six foundational elements for enhancing resilience, emphasizing strategic alignment, critical service prioritization, organizational preparedness, automation, monitoring, and robust infrastructure. The discussion underscores the balance banks must achieve between innovation and reliability to meet customer…
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The Impact of Minimum Tax on Company Capital in Bangladesh
Entrepreneurs in Bangladesh are facing financial strain due to rigid minimum tax policies that do not consider profitability, exacerbated by political instability since July. The minimum tax ranges from 0.6% to 5% of turnover, with an additional 1% on export values. This has led to increased effective tax rates, burdensome financial impacts on companies, and…
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Henderson Land Celebrated as One of Asia’s Leading Green Companies
Henderson Land Development Company Limited has been recognized as one of Asia’s Top Green Companies at the ACES Awards 2024 for its sustainable development practices. The company implements innovative building designs to enhance energy efficiency and community well-being, exemplified by its flagship project, The Henderson. Henderson Land Development Company Limited, established in 1976 and publicly…
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Chinese M&A Activity Expected to Rise Amid Trump Tariff Threats
Chinese firms are likely to ramp up mergers and acquisitions in response to Donald Trump’s tariff threats, seeking to mitigate reliance on the U.S. market. Analysts tout M&A as a faster solution than traditional investments amid a challenging global economic climate. Despite a drop in overall outbound M&A activity this year, certain sectors are witnessing…
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Ocior Energy’s CEO Entangled in Adani Bribery Case Whilst Securing Major Deal
Ocior Energy’s CEO, Ranjit Gupta, implicated in the Adani bribery case, has secured a ₹10,000 crore pact with REC Ltd. while operating under legal scrutiny. With zero revenues and significant ambitions in the green energy sector, concerns arise regarding its viability, especially given the ongoing federal investigation into alleged corrupt payments. Industry experts caution that…
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Strong IPO Pipeline: 10 Companies Set to Raise Rs 20,000 Crore in December
Next month, at least ten companies, including Vishal Mega Mart and the International Gemmological Institute, aim to raise Rs 20,000 crore through IPOs, driven by positive market sentiments and an increase in public offering activity. Upcoming public offerings are expected from Avanse Financial Services, Sai Life Sciences, and Paras Healthcare, among others, amidst a backdrop…
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China’s Strategic Growth of ‘Little Giants’ Surpasses 2025 Target
China has surpassed its 2025 goal of cultivating 10,000 small, privately-owned “little giant” firms, attaining a remarkable total of 14,600. This development reflects China’s efforts to enhance technological independence amidst US competition, with these firms playing a vital role in strategic sectors. The investment in research and development and the generation of patents highlight the…
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Bacardi India Ramp Up Premium Spirits Strategy with Tequila and Whiskey Focus
Bacardi India is poised to expand its premium spirits offerings by increasing launches and investments, especially in tequila and whiskey. The market shows a strong growth trajectory for premium spirits, with Bacardi aiming to capitalize on this trend amid rising competition. The company’s focus on premiumization aligns with consumer preferences for quality over quantity, highlighting…
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Surge in Luxury Sales as Affluent Indians Indulge
Sales of luxury brands such as Louis Vuitton, Christian Dior, and Hermes soared as affluent Indians increased their spending on high-end products, amassing ₹1,400 crore in sales for the fiscal year ending March 2024. Despite lower frequency of purchases, consumers are opting for more expensive items. Overall, the outlook for India’s luxury goods market remains…
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Analysis of Sands China Ltd.’s Ownership Structure and Market Dynamics
Sands China Ltd.’s market cap increased by HK$5.0 billion last week, largely benefiting public companies that control 71% of its shares. Instituted ownership stands at 13%, indicating confidence from analysts, but also potential volatility risks. Las Vegas Sands Corp., with a 71% stake, significantly influences corporate governance. The general public, holding a 16% stake, still…