Market developments (#4 with 19%) also climbs up the global rankings of the Allianz Risk Barometer 2021, reflecting the risk of rising insolvency rates following the pandemic. According to Euler Hermes, the bulk of insolvencies will come in 2021. The trade credit insurer's global insolvency index is expected to hit a record high for bankruptcies, up 35% by the end of 2021, with top increases expected in the US, Brazil, China and core European countries. Further, Covid-19 will likely spark a period of innovation and market disruption, accelerating the adoption of technology, hastening the demise of incumbents and traditional sectors and giving rise to new competitors. Other risers include Macroeconomic developments (#8 with 13%) and Political risks and violence (#10 with 11%) which are, in large part, a consequence of the coronavirus outbreak, too. Fallers in this year's global rankings include Changes in legislation and regulation (#5 with 19%), Natural catastrophes (#6 with 17%), … [Read more...] about Allianz Risk Barometer 2021: Covid-19 trio tops global and Asia Pacific business risks
7th anti corruption compliance asia pacific summit
MIPIM Asia Awards Forum to be digitally hosted and livestreamed on 26 January
Stanley Ching, Senior Managing Director, Managing Partner and Head of Real Estate Group of CITIC Capital Holdings Limited at 2:15pm François Trausch, Global CEO, Allianz Real Estate Gmbh at 2:30pm Donald Choi, Chief Executive Officer, Chinachem Group at 2:45pm Margaret Brooke, CEO, Professional Property Services Limited at 3:00pm Mr. Richard Yue, Chief Executive Officer and Chief Investment Officer of Arch Capital Management Co. Ltd. at 3:15pm George Agethen, Senior Vice President - Asia Pacific, Ivanhoe Cambridge at 3:30pm Chris Chow, Senior Managing Director, LaSalle Investment Management at 3:45pm Dr. Justin Chiu, Executive Director, CK Asset Holdings Limited at 4:00pm Ellen NG, Head of China Real Estate, Warburg Pincus Asia LLC at 4:15pm Startup Competition | 4:30pm -- 6:00pm (UTC+8 Hong-Kong) … [Read more...] about MIPIM Asia Awards Forum to be digitally hosted and livestreamed on 26 January
Mastercard rolls out inclusive report on women entrepreneurs in COVID-19 times
The MIWE report is just one component in Mastercard’s broader mission to drive forward the advancement of the disconnected and disadvantaged with a particular commitment to support and help advance female entrepreneurs and small businesses through initiatives such as its Start Path and Path to Priceless programmes. In 2020, Mastercard expanded its worldwide financial inclusion commitment, pledging to bring a total of one billion people and 50 million micro- and small-sized businesses into the digital economy by 2025. … [Read more...] about Mastercard rolls out inclusive report on women entrepreneurs in COVID-19 times
VP Bank in Singapore Awarded Best Private Bank in Asian Private Banker Awards for Distinction 2020
Facts & Figures - VP Bank GroupVP Bank Ltd was founded in 1956 and is one of the largest banks in Liechtenstein with 979 employees at the mid-2020 (full-time equivalent 908). It currently has offices in Vaduz, Zurich, Luxembourg, Singapore, Hong Kong and Road Town on the British Virgin Islands. VP Bank Group offers bespoke asset management and investment consultancy for private individuals and intermediaries. Due to the open architecture, clients benefit from independent advice: The products and services of leading financial institutions as well as in-house investment solutions are included in client recommendations. VP Bank is listed on the Swiss stock exchange SIX, and has an "A" rating from Standard & Poor's. The bank has a sound balance sheet and capital base. Its anchor shareholders take a long-term view, guaranteeing continuity, independence as well as sustainability. … [Read more...] about VP Bank in Singapore Awarded Best Private Bank in Asian Private Banker Awards for Distinction 2020
Ultra-luxury residences hit Vietnam
“Masterise Homes has been building renowned properties in Vietnam, and we have solidified our position as an industry leader given our focus on building the real estate ecosystem with premier international standards,” said Jason Turnbull, deputy managing director cum CFO of Masterise Homes. “Our collaboration with Marriott International is another feather in our cap and, given their global standing, further highlights our capabilities to deliver the best living experiences with world-class standards to our residents.” … [Read more...] about Ultra-luxury residences hit Vietnam