Page 3 - Apac

Indian firms say sustainability is a critical differentiator: Survey

Despite FFTF firms being in the global minority, companies in the APAC countries generally led their European counterparts in the survey

Recession unlikely in APAC region in coming year: Moody's Analytics

A recession is unlikely in the APAC region in the coming year, although the area will face headwinds from higher interest rates and slower global trade growth, Moody's Analytics said on Thursday. In its analysis titled 'APAC Outlook: A Coming Downshift', Moody's said India is headed for slower growth next year more in line with its long-term potential. On the upside, inward investment and productivity gains in technology as well as in agriculture could accelerate growth. But, if high inflation persists, the Reserve Bank of India would likely take its repo rate well above 6 per cent, causing GDP growth to falter. In August, Moody's had projected India's growth to slow to 8 per cent in 2022 and further to 5 per cent in 2023, from 8.5 per cent in 2021. It said the economy of the Asia-Pacific (APAC) region is slowing and this trade-dependent region is feeling the effects of slower global trade. Global industrial production has remained "fairly level" since it peaked in February just pr

A banker turned tech maven: Meet Sandhya Devanathan, Meta India head

Devanathan takes over the India operations after the previous incumbent, Ajit Mohan, resigned to join social media company Snap Inc

Facebook parent Meta appoints Sandhya Devanathan as head and VP for India

Senior executive has 22 years of experience and an international career in banking, payments and technology

Remarketing adoption in India jumps 50% during festival season: Study

Remarketing is a paid marketing tactic that allows users to serve ads to individuals who have previously visited a website or engaged with his (the user's) content on a social platform

Multiples Private Equity likely to sell stake in APAC Financial Services

Multiples Alternate Asset had acquired the stake for Rs 250 crore in 2018

Women bosses fare worst in accumulated savings: Gender Wealth Equity report

Gender wealth equity varies the most in the Asia-Pacific regions and the least in North America, finds the WTW Global Gender Wealth Equity report

APAC reinsurers face single-digit growth, decline in investment income

The reinsurers in the Asia Pacific (APAC) region face single digit growth rate, declining investment income, higher claims and others, said S&P Global Ratings on Friday.

Google launches circular economy accelerator for Asia-Pacific start-ups

Applications for the program are open from October 4 to November 14 this year and the program will commence in February 2023

Firms in India expected to give 10% hike in 2023; highest in APAC: Report

Companies in India are expected to give a salary hike of 10 per cent in 2023 as they struggle with rising attrition in the tight labour market, according to a report

India's OTT market likely to touch $7 billion by 2027, says report

In India, new local and wealthy players are now gearing up to grab the market share, which is led by a newly recapitalized Viacom18, backed by Reliance, Bodhi Tree and Paramount

India price cuts drag Netflix's average revenue per member down 2% in APAC

Excluding India, APAC ARM grew 4 per cent in constant currency terms, Netflix said on Wednesday, when announcing June quarter results

Netflix sees an uptick in user engagement in India after reducing prices

Content streaming platform Netflix, which reduced its subscription prices in India late last year, is witnessing an uptick in user engagement in the country

India-based investors 2nd to provide fintech investments in APAC in 2021

India-based investors were a distant second in providing funding to fintech in Asia-Pacific after the US in 2021, a report said

IBM's new cybersecurity hub to train APAC companies thwart cyberattacks

IBM announced a new cybersecurity hub that will train companies in Asia Pacific (APAC) region to manage the growing threat of cyberattacks.

India to Indonesia: Emerging Asia central banks run out of room to wait

The Reserve Bank of India's move last week to keep the reverse repo rate unchanged surprised markets, which had expected the bank to raise rates to begin policy normalization

Lamborghini expects India to rank higher in top 10 markets in APAC region

Lamborghini is bullish on India to rank higher in its top 10 markets in the Asia Pacific region going forward, buoyed by strong consistent performance over the years

Kaspersky predicts rise in cyber espionage for India in 2022

Kaspersky considers APAC region as among hottest targets in the world for cyberattacks, for reasons including rapidly increasing usage of digital technologies matched by lack of awareness

India to Indonesia: Asian economies challenged by Delta Covid variant

In India, where the delta strain was first identified last year, a deadly second wave is ebbing but its fallout is substantial.

Mumbai tops APAC data centre capacity addition in Q1, says Report

The financial capital saw the highest addition of data centre capacity in the entire Asia Pacific region in the quarter ending March 2021, says an industry report