Spire talks about investment opportunities in Indonesia

Spire was honored to participate in the 6th Southeast Asia Port Expansion Summit, Malaysia, 2019. The event was held on 10th – 11th July in Kuala Lumpur. Ashiva Humaira, Assistant Manager, Spire Research and Consulting, Indonesia and Jeffrey Bahar, Deputy Chief Executive Officer, Spire Research and Consulting Group, shared insights on investment opportunities in private ports for non-containerized cargo in Indonesia.

Bahar discussed that by 2024, non-containerized cargo volume is predicted to grow by 11 per cent, 80 per cent of which would be through privately owned ports. This growth will be supported by factors such as the positive economic environment, no restrictions on high volumes of export cargo and rising demand for coal and Crude Palm Oil (CPO), Indonesia’s main resources and the two leading trading commodities.

Based on volume, 57 per cent of the non-containerized cargo is handled by state owned ports. Kaltim, Adaro and Marunda Center Terminal are the top three private companies with the largest volume. Coal, oil and gas are the major commodities distributed from these special purpose terminals.

Policy consistency and greater predictability in port business licensing is needed to address the concerns of the private sector. Bahar also discussed how port businesses require adequate access to capital, business licenses and plans to manage unforeseen operational investments.

Ashiva joined a panel discussion on the challenges and opportunities in major port building and expansion projects in Southeast Asia.

Comments

IT investments to pour into India’s healthcare sector

India’s IT association Nasscom and GE Healthcare have forged a strategic partnership to co-create solutions for healthcare challenges through digital applications, remote and connected care among others. The partnership aims to provide cheaper, faster and more effective solutions for treating diseases while revolutionizing the relationship between medical professionals and patients to empower patients. Will tech investments digitalize healthcare in India? Get more information : https://www.spireresearch.com/newsroom/spirethoughts/it-investments-to-pour-into-indias-healthcare-sector/

Africa’s aviation sector opens up

When the African Union (AU) launched the Single African Air Transport Market (SAATM) in January this year, it finally opened up Africa’s skies. 23 signatories on board, though another 32 AU members are yet to sign on. SAATM’s launch is a part of AU’s Africa 2063 project, which is a commitment to intra-continent development. If a common regulatory framework is put into place, this could benefit intra-continental travellers immensely, thus boosting commerce and tourism flows among African countries. Will Africa become the world’s next big aviation market? Read more here: https://www.spireresearch.com/newsroom/spirethoughts/africas-aviation-sector-opens-up/

Spire speaks on ICT sector at the GATES Vietnam ICT Channel Summit in Da Nang

Spire was honored to participate in the GATES Vietnam ICT Channel Summit 2019 as Event Partner. The Summit was held on 11-13 December, in Da Nang. Japnit Singh, Deputy Chief Executive Officer of Spire Group, shared his insights on scope and opportunities. Japnit discussed how the ICT sector in Vietnam holds lucrative opportunities. The country boasts the fastest growing economy in South-East Asia with around 13% GDP (Gross Domestic Product) growth for manufacturing from FDI (Foreign Direct Investment) in 2018. With the 4th fastest download speed in ASEAN, Vietnam’s digital economy continues to grow. E-commerce growth is expected to be 14% from 2019 to 2023, with 97% of online purchases executed through mobile phones. The government’s Digital Economy 2020 plan aims to promote smart cities across the country by 2030. Regulatory reform aims to ease digitization in the government and encourage local businesses to adopt technology. To that end, the government plans to is...

Spire and YCG hold seminar on partnering Vietnamese firms

O n 15 March, Spire and Yamada Consulting Group (YCG) jointly organized a breakfast seminar in Singapore for Japanese speakers, to share insights on Mergers & Acquisition (M&A) deals in Vietnam and investment trends for market entry. An English language seminar on the same theme was held the next day. The speakers were Leon Perera, Chief Executive Officer of Spire Research and Consulting, Eiji Asano, incoming Director for YCG Vietnam and Hafidz Omar, Senior Manager at Spire Research and Consulting. The speakers discussed the impact of growing Foreign Direct Investment (FDI) as well as the keen interest in Mergers & Acquisitions (M&A) in Vietnam. Vietnam’s economy racked up a USD15 billion positive trade balance from 2015 with manufacturing, metals and textiles as the top export industries. Most of Vietnam’s FDI came from Asian countries like the Republic of Korea, China and Singapore. The speakers discussed pull factors for investors, like competitive ...

The Trump Presidency: One year on

One year since President Trump took office, what has been the impact for businesses in Asia? Leon Perera, CEO of Spire Research and Consulting, shared his thoughts in The Business Times – Views from the Top section on 27 November 2017 on the impact on global economy. Thus far, Donald Trump’s Presidency has not been bad for the American stock market and the US dollar. However, the expected infrastructure spending and tax cuts, which drove stock market exuberance in 2016, are still far from being realized and could well be at risk. Perera opined that President Trump’s withdrawal from the Trans-Pacific Partnership (TPP) has caused a strain in global trade relations and has raised the risk of trade frictions. President Trump has also overseen a decline in US influence in the Middle East and Asia. However, the basic fundamentals of the US economy remain strong thanks to its world-class universities, innovative companies, confident consumers, a strong start-up sector as well ...

The Knowledge to Decide

Search This Blog