Apac

Francesco Scardaoni, the regional director of Lamborghini Asia-Pacific, talks about the future of internal combustion at the launch of the brand’s new and hybridised V12 flagship. The car is sold out in India till 2026, and Lamborghini India isn’t taking fresh orders.

Mumbai ranks 7th in APAC as preferred destination for cross-border investments in real estate

Mumbai ranks ahead of Shanghai (ranked 8), Hanoi (ranked 9) and Seoul (ranked 10) on the list.

Recession unlikely in APAC region in 2023: Moody's

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.

Gender wealth gap widest in India among APAC countries, shows study

The gender wealth gap across 12 markets is between 64 per cent in India (worst performer in the region) and 90 per cent in South Korea (best performer in the region).

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

Global advisory, broking and solutions company Willis Towers Watson's Salary Budget Planning report found that companies in India are budgeting an overall increase of 10 per cent for 2022-23, compared with the actual 9.5 per cent growth in the previous year.

Lamborghini bullish on India ranking higher in its top 10 markets in APAC region

China was also the second ranked market globally for the company in 2021 with 935 units sold. The third ranked market in Asia Pacific (APAC), South Korea, clocked 354 units last year. Thailand with 75 units was also ahead of India.

Adobe appoints Prativa Mohapatra as India VP and MD

Prativa Mohapatra, who was with IBM, will lead Adobe’s India business across Adobe Experience Cloud, Adobe Creative Cloud and Adobe Document Cloud

Bengaluru ranked among top 5 technology centres in Asia Pacific, Hyderabad among top 10

Delhi NCR’s micro-markets of Noida Expressway and Golf Course Extension Road in Gurugram feature among top 10 emerging submarkets in the APAC region for tech occupiers.

APAC not on track to achieve SDG goals by 2030; may realise 10% of target: UN report

As many as 829 million workers employed in the informal sector were impacted in April 2020 due to the pandemic-induced lockdown, the report noted.

Moody's says coronavirus-triggered global recession to keep pressure on APAC non-financials

Moody's said although fiscal and monetary stimulus programmes in both advanced and emerging markets have helped stabilise financial markets and provided temporary relief to companies, operating performance and financing capability of companies are vulnerable to financial market shocks, particularly if a second wave of infections results in renewed lockdowns.

Embassy Parks REIT yields 14% returns, outperforms BSE realty index

COVID-19 has slowed down launch activity, with global investors carefully watching the emerging work-from-home trend that may shrink office space requirements

COVID-19 impact | Low policy interest rates and 8.5-9% yield may drive demand for Grade A commercial assets

Industrial and warehousing is also similar trend with strong demand from institutional capital towards this asset class, Colliers Research said

PE investment at over Rs 21,000 crore for India's office sector in 2019: Report

Bengaluru with 15.3 mn sq ft and Hyderabad with 12.8 mn sq ft were the second and third largest office markets in the APAC region in terms of office leasing

SPARC signs pact with Bioprojet to acquire exclusive rights for drug to treat auto-immune diseases

"SPARC... announced that it has entered into an agreement with Bioprojet SCR (Bioprojet) to exclusively acquire Bioprojet's rights to the investigational medicinal product SCD-044," the company said.

Bengaluru first Indian city to feature in top-ten destinations for cross-border investors

The survey revealed that India was among the top five preferred markets in APAC.

GlobalLogic to expand Asia-Pacific footprint, open additional centre at Bengaluru

The US-headquartered GlobalLogic is looking to double its India workforce in the next 2-3 years

Economic centre of gravity shifting to APAC, need to reinvent ADB: Takehiko Nakao

In his opening address at the 51st annual meeting of the ADB, Nakao said the multilateral lender is developing a new long-term 'Strategy 2030' which will renew its commitment to eradicate poverty in the region and expand vision to achieve a prosperous, inclusive, resilient and sustainable Asia and the Pacific (APAC).

Workplace technology key to market success: Adobe study

According to Adobe's the Future of Work: APAC study, released today, workplace technology is rated above all other office amenities like relaxation area, beautiful office design and access to food and beverages.

Gold nudges up, but pegged close to seven-week lows

North Korea test-launched a ballistic missile from its western region into the sea off its east coast on Tuesday, South Korea's military said, ahead of a summit of leaders from the Group of 20 nations in Germany later this week.

Indian consumers feel most secure shopping online in APAC

According to the latest Mastercard Online Shopping Survey, more than four-fifths of Indian consumers access the Internet for shopping while three-fourths tend to make online purchases using their mobile phones.

Despite e-comm rise, offline stores generating 91% sale: Study

"Despite the rise of e-commerce, the physical stores still draw a significant shopping crowd. In fact, 91 per cent of all retail sales are still being generated in brick-and-mortar stores," the study released by Zebra Technology said today.

Bengaluru, Mumbai top realty investment spots in APAC: Report

While capital of the Philippines, Manila got the third spot, Ho Chi Minh City in Vietnam and Shenzhen in China stood fourth and fifth, respectively.

MosChip Semiconductor Technology Limited Announces Acquisition of Three Companies and Adds Strength Into IoT

MosChip Semiconductor Technology, a Hyderabad-based leading semiconductor company, has signed final agreements for the acquisition of three ...

India to be formidable part of APAC growth strategy: Covestro

The German polymer major Covestro officially separated from the Bayer Group last year and has successfully established itself in the international capital market with a big stock market flotation.

India Inc to see 10.3% salary hike; slightly lower than last yr

"We have seen 15.6 percent and 12.6 percent salary increase in the past, that is not sustainable. This (10.3 percent) is a far more sustainable level that we are seeing," Ghose further added.