The Knowledge to Decide

Spire discusses e-commerce strategies suited to the Indonesia market Spire was honoured to participate at the GATES Indonesia ICT Reseller Channel Summit 2018. The Summit was held on 1-3 May, 2018 in Bali. Jeffrey Bahar, Deputy Chief Executive Officer of the Spire Research and Consulting group and Indah Muliana, Senior Manager, shared insights on the Information and Communications Technology (ICT) industry in Indonesia, focusing on market trends and challenges. Bahar and Muliana discussed the growth of the ICT (Information and Communications Technology) market, its rapid expansion and the challenges faced by e-commerce businesses in Indonesia. Due to the rise in internet penetration with more online transactions, Indonesia’s ICT spending is expected to reach USD28.4 billion by 2020 whereas end-user device spending is set to increase 18% by 2020. As Indonesia’s internet user population reaches 143.26 million in 2017, 90% are using smartphones and close to 65% peop

Spire returns as the Official Research partner for GATES Indonesia ICT Reseller Channel Summit 2018 once more! The summit will be held between 1-3 May at the Grand Mirage Resorts & Thalasso, Nusa Dua, Bali, Indonesia. As one of the research partners, Spire will address the growing impact of online businesses on traditional retail channels in Indonesia. With such crucial information, vendors can prepare for opportunities and challenges head on. The channel industry in Indonesia still continues to face difficulties handling growth, industry consolidation, changing user expectations as well as technological landscape transformations. Join us to get insights directly from channel partners of well known vendors like Intel, Red Hat, Cisco and so much more! Register today! https://www.spireresearch.com/newsroom/events/gates-indonesia-ict-reseller-channel-summit-2018-returns/

Spire Research and Consulting was invited to join the ‘Meet The Beneficiaries’ event organized by Yayasan myNADI with Prime Minister Dato’ Sri Haji Mohammad Najib bin Abdul Razak as the guest of honor. The presentation was held on 24 March 2018 at Putrajaya with over 600 guests – mostly beneficiaries. Datuk Dr Jeyaindran Tan Sri Sinnadurai, Chairman of Yayasan myNADI discussed the impact study of DiverseCity International Kuala Lumpur Festival (KLIAF) 2017 jointly conducted by Spire Research and Consulting and the Nottingham University Business School. Jeffrey Bahar (Regional Advisory, Deputy Chief Executive Officer), Yap Far Loon (Lead Consultant), Haries Salim (Assistant Manager) and Nathalia Setiawan (Senior Consultant) joined the beneficiary event as supporters of KLIAF. Datin Sunita Rajkumar, the festival director of KLIAF, briefed and handed a copy of KLIAF’s Post Event report to Prime Minister Dato’ Sri Najib. https://www.spireresearch.com/newsroom/events/sp

After 20 years of becoming an independent judiciary, does Hong Kong continue to remain a financial and business hub? Will this impact businesses in Singapore? Leon Perera, CEO of Spire Research and Consulting shared his insights in The Business Times – Views from the Top section on 10 July 2017 on Hong Kong’s economic climate and its impact on businesses in Singapore. Hong Kong continues to attract investors due to many factors such as a high- quality civil service, economic linkages to China’s Pearl River Delta economy as well as geographic proximity to the economic giants of Korea, Japan and China. Perera opined that despite economic and political uncertainties as well as what some perceive as political encroachment from Beijing, Hong Kong will remain an important business hub for the foreseeable future. Hong Kong both complements and competes with Singapore. Many multinational corporations (MNCs) use both cities as Asia-Pacific regional headquarters (RHQs). Shanghai

On 20 January, Spire and Yamada Business Consulting (YBC) jointly held a breakfast seminar in Singapore to explore the impact on India’s economy of the recent Rupee demonetization of high-value currency notes. Leon Perera, Chief Executive Officer of Spire Research and Consulting, Japnit Singh, Deputy Chief Executive Officer at Spire and Yasuyuki (Luke) Kita, General Manager of YBC (Singapore), addressed the session. Spire Singapore and YBC discussed the demonetization’s impact on different industry sectors, on e-commerce and on the outlook for doing business in India in 2017. The speakers talked about how demonetisation will spur growth in cashless transactions. Although the retail and car resale sector will suffer short-term damage, there is a visible shift towards modern trade and online transactions. Moreover, ease of doing business and transparency will rise, making India more investment-friendly. https://www.spireresearch.com/newsroom/events/spire-and-ybc-host-br

Britain still attracts substantial investment from Asia. Many Asian firms have established European Head Quarters in the country. How hard will Brexit hit Asian markets? Leon Perera, Chief Executive Officer of Spire Research and Consulting, shared his insights in China Daily – Asia Weekly. Brexit will impact companies from Asia with operations in the UK, since they will no longer benefit from any of the EU’s Free Trade Agreement’s (FTA) with non-EU countries. Britain will need to replace these with bilateral FTAs – and fast. Perera noted that beyond the short-term effects on foreign exchange markets and global capital, the effect will be to depress the long-term outlook for the UK. Having said that, Brexit may induce portfolio managers to divert funds to Asia. This could strengthen Asian asset prices and currencies. What remains to be seen is if any city can replace London as the financial center of the EU. https://www.spireresearch.com/newsroom/media/how-will-br

5 December 2016 The Business Times – Views from the Top Donald Trump’s victory in the U.S. will impact Asia massively As the year 2016 draws to an end, there have been many upsets and surprises. Leon Perera, CEO of Spire Research and Consulting shared his insights in The Business Times – Views from the Top section on 5 December 2016 on the impact which Donald Trump’s victory will have on Asia. Donald Trump’s victory in the U.S. elections presages a change in direction for US foreign and economic policy but in ways that are not yet completely predictable. Perera opined that President Trump is expected to curb America’s economic and military engagement with Asia. However, his commitment to improve expenditure for domestic infrastructure may contribute a growth boost to the US and global economy. His ability to push through his spending plans is plausible as Republicans control both houses of Congress. Nonetheless, a volatile and cautious outlook is expected fo