Consulting firm Capvision became the latest target of a police raid by Chinese authorities, a significant escalation in China's tightening grip on national security. Chinese law enforcement officers have raided the China offices of global consulting company Capvision in Shanghai, Beijing, Suzhou, and Shenzhen on 8 May.
Chinese apparel and fashion brands are becoming increasingly competitive in the domestic market, tapping into the growing preference from consumers for local brands. A new report by McKinsey & Company has found that Chinese apparel and fashion brands are gaining ground on foreign groups as domestic consumers shift their spending away from international brands.
Japanese conglomerate Sumitomo Corporation is launching a new service that will help businesses in Southeast Asia slash their costs for healthcare. The new service is being launched in collaboration with Roland Berger.
Global M&A consultancy Equiteq has capped a busy few weeks in Asia Pacific, seeing three of its transaction mandates come to a successful completion. With offices in London, New York, Boston, Paris, and two in Asia Pacific – Singapore and Sydney, Equiteq is one of the leading investment banking and corporate finance advisory firms to the professional services and technology sectors.
Having grown fivefold over the past five years, Indonesia’s e-commerce market is booming. One of the key drivers of growth are resellers, which according to new McKinsey & Company research account for half of the sector’s gross merchandise value.
Asian professional services group YCP has acquired Consus, a procurement and supply chain consultancy and solutions provider with around 100 staff in eight countries. Headquartered in Singapore, YCP Group is a group with two lines of business: management consulting and investments.
The Shanghai office of global strategy consulting firm Bain & Company has been visited by Chinese police, who reportedly questioned some staff members on company dealings and engagements. Not much is known yet about the investigation or whether personal items like laptops or cell phones were confiscated.
Business networking platform LinkedIn has named its top companies for career progression in 20+ countries worldwide, with multiple consulting firms making the cut across three Asian editions. Launched across all corners of the globe, the LinkedIn Top Companies ranking is compiled according to the platform’s extensive data on eight measures of career progression, including in areas such as skills growth, company stability, advancement opportunities, and gender diversity.
Singapore’s government has remained the country’s most trusted organisation, according to research by public relations and communications firm Edelman. The 2023 edition of the Edelman Trust Barometer asked people from around the world to share the ‘trust’ they have in various institutions, such as government, business, media, and non-profits.
Almaty Power Plants has selected Hill International to oversee the project management for the modernization of its CHP 2 power plant in Kazakhstan’s capital city. Initially commissioned in 1980, the Almaty Combined Heat and Power (CHP) Plant 2 is a 510MW coal-fired power plant that provides energy to more than 60% of the city's residential buildings, as well as to numerous industrial facilities.
Belgian bakery company Lotus Bakeries has engaged Royal HaskoningDHV to support with the design and setup of a new manufacturing facility in Thailand. Founded in 1932, Lotus Bakeries is a listed bakery company with a range of products, including biscuits, cookies, crackers and crispbreads.
Guangzhou-based fashion company Biem.L.Fdlkk Garment has purchased the global trademark rights for two fashion brands: Cerruti 1881 and Kent & Curwen. The sale sees the trademark rights for Cerruti 1881 exchange ownership for $ 62.
VCI Global, a Malaysia-based multidisciplinary consulting group specialized in business and technology consulting, has made its debut on the Nasdaq. Hot on the heels of the listing, we spoke with Victor Hoo – VCI Global’s Founder and Group Executive Chairman – on the company’s journey and ambitions.
International supply chain consultancy TMX Global has launched its TMX Metaverse in Asia at a launch event in Thailand. First launched in Australia (where TMX Global is headquartered), the TMX Metaverse is an environment where clients can bring supply chain concepts to life through a range of digital technologies – including virtual and augmented technology and a metaverse platform.
Arthur D. Little has appointed Dereck Ji as the new managing partner of its China business. The new country leader brings over 30 years of working experience in mainland China to the role, most of which he gained in the strategy and management consulting industry.
With economic and geopolitical headwinds looming large around the world, companies and organisations need to pay even more – not less – attention to their ethics and compliance efforts to ensure resilience and optimal performance, writes Ty Francis, Chief Advisory Officer at LRN.
After 15 years helping one of the world’s largest tobacco companies realise the benefits of shared services, Joon Teoh launched finance consultancy AGOS – to help other companies do the same. She spoke to Consultancy.
Despite economic headwinds, a majority of investors worldwide expect to increase their foreign direct investment (FDI) in the next three years, with Asia Pacific increasing its standing as a global hotspot.
Global expert network Guidepoint has expanded its footprint in China with the launch of a new office in Beijing. With existing offices in Hong Kong and Shanghai, Guidepoint is one of the larger international expert networks operating in the Greater China market.
Global consulting firm Kroll has appointed Hong Kong based Graham McNeill as the global leader of its Expert Services practice. With over 6,500 professionals worldwide, Kroll is one of the world’s larger management consulting firms.
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