Page 2 - Apac

Foreign airlines see India's potential as global aviation hub for APAC

Executives at Japan Airlines and Thai Airways see India as a transit hub to connect Asia Pacific with West Asia and Africa

Real estate markets across Asia-Pacific face interest rate pressure: Report

Colliers' Q3 2023 APAC Cap Rates Report shows strong global sentiment towards the Indian real estate market, particularly in the industrial sector

Demand for co-working spaces surges due to flexible work, high realty costs

According to the 'India Real Estate Q3' report by Knight Frank, the country recorded office transactions of 16.1 million square feet during the July-September quarter

RIL, HUL, ITC: Top 50 APAC firms lose over $185 billion in m-cap in Q3

Reliance Industries (8 per cent), Hindustan Unilever (7.9 per cent) and ITC (1.3 per cent) were the Indian companies that saw a drop in m-cap during the recently concluded quarter

Japanese firm Fujifilm forays into office printer business in India

Japanese business solutions provider Fujifilm Business Innovation on Wednesday announced its foray into the office printer business in India to tap the high growth potential. India will be the 15th operation for the company in the Asia Pacific (APAC) region for the office printer business and is targetting government offices as one of the main customers, Fujifilm Business Innovation Asia Pacific Pte Ltd President Masatsugu Naito said. The global office printing market is around 3.3 million units a year, while that of APAC is about 0.5 million. India accounts for about 25 per cent of the APAC market, he said here at the launch of the company's A3 multifunction printer Apeos Series for the Indian market. While China remains the bigger market, Naito said in the APAC region, India has a huge potential considering how the country's economy has grown and is an "attractive location for all industries". To establish its foothold in the market, the company is first launching products in th

Bengaluru, Delhi among top 10 APAC cities with highest warehouse rent rise

Manila topped the list with a 49.8% rise in warehouse rent, followed by 38.6% in Sydney and 23.8% in Brisbane: Knight Frank

UBS to dispose of riskiest Credit Suisse loans to Asian customers

The bank intends to either wind-down or sell off the majority of Credit Suisse's more complex and higher-risk structured loans in APAC, people familiar with the matter said

91% consumers expect brands to offer immersive, virtual experiences: Report

A study conducted by Adobe finds that marketers in India and APAC are most prepared to embrace new technologies to enhance user experience to meet their growing customer expectations

Demand for commercial property in India robust, US, Europe struggle

The unabated interest hikes by the Federal Reserve of the United States have resulted in a situation where cheap money is no more available

Most APAC fin institutions immune to US bank failure, rising rates: Moody's

Most Asia Pacific financial institutions are not exposed to the failed US banks and are not as susceptible to large losses from debt security holdings as Silicon Valley Bank was, Moody's said on Tuesday. On March 12, US regulators closed Signature Bank, just two days after shutting Silicon Valley Bank, following mass withdrawals of customer deposits from these regional banks. Moody's Investors Service said these events are likely to result in a tightening of liquidity in debt markets globally as investors grow wary. However, the impact will be limited for most rated financial institutions in Asia-Pacific (APAC) because of structural factors. "Also, most APAC institutions are not exposed to the failed US banks, and only a handful of institutions has immaterial exposures. Finally, most institutions are not as susceptible to large losses from debt security holdings as Silicon Valley Bank was," Moody's said. The US-based rating agency said rated banks in APAC structurally have stable .

Two US bank failures not to impact banks in India, APAC: Moody's

Moody's said the impact of the two US banks going down will be limited in India and other financial institutions in the APAC region due to structural factors

Companies across APAC working to keep whistleblower policies up to date

Many companies across the Asia Pacific region have stepped up their efforts to keep their whistleblower programmes and policies up to date, and there is more that can be done, according to a senior lawyer of a global law firm. Companies are recognising that they must adopt best practices in the environmental, social and governance (ESG) space, said Mini vandePol, Head of Baker McKenzie's Asia Pacific Investigations, Compliance & Ethics Group. On ESG adoption in India, she said that at the moment, it is a little bit of a "mixed bag". "This is partly because it is being talked about mainly by the regulators like Sebi... I think there is a good understanding of the environmental part... It's the S and the G that are less understood," she said. Meanwhile, the capital market regulator Securities and Exchange Board of India (Sebi) has mandated the top 1,000 listed companies by market capitalisation to make filings as per the Business Responsibility and Sustainability Reporting (BRSR) ...

Salaries in India to rise 10% in 2023, highest in Asia-Pacific: WTW report

China is projected to see a salary hike of 6%, Vietnam at 8%, Indonesia at 7%, Hong Kong at 4% and Singapore at 4% in 2023

Mumbai, B'luru among best performing APAC residential markets: Knight Frank

Mumbai and Bengaluru are among five best performing residential markets in Asia Pacific in terms of annual price growth with 7 per cent increase in rates in both the cities, according to Knight Frank. In its Asia-Pacific Residential Review Index, real estate consultant Knight Frank said that Mumbai and Bengaluru have found place in the top five best performing Asia-Pacific residential markets in terms of annual price growth in H2 (second half) of 2022. As many as 14 out of 23 Asia-Pacific (APAC) cities have recorded positive annual price growth with Metro Manila ranked as the best-performing Asia-Pacific market with 24 per cent year-on-year (YoY) growth. Singapore was at second position with 9.3 per cent growth in price, while Tokyo ranked third with 9 per cent appreciation in residential prices. "Mumbai and Bengaluru shared the 4th position on the Asia-Pacific Residential Review Index as both registered a price growth of 7 per cent YoY (year-on-year) in H2 2022. Delhi found a plac

Mumbai, Bengaluru among top 5 APAC cities with the steepest home price rise

Delhi was also on the list of top ten such cities with an average price rise of 6.8 per cent in the second half of 2022

Amazon launches dedicated air cargo service in India to speed up deliveries

This is set to enable faster deliveries to customers

India, Bangladesh unlikely to cut subsidy bill as elections near: Moody's

Average fiscal deficit to be 4% of GDP in 2023, says agency's Sovereigns--Asia-Pacific report

Data-giant Google's revenues from APAC growing faster than elsewhere

The company's profits in India have multiplied three-fold in the last five years

Organisations in India, APAC to face higher cyber threats in 2023: Report

A report said on Tuesday that threat vectors are most likely to affect organisations in India and the Asia-Pacific region in the New Year

Ad industry pegs 2023 adex growth at 14-16% despite slower startup spends

Agencies such as GroupM, Dentsu and Interpublic Groupe's Magna remain bullish about domestic ad spends; 2022 to close at 15% in terms of adex growth, they say