South China Morning Post (July 11)
“The Asia-Pacific region has outpaced other regions in terms of wealth growth since 2008,” During the past 15 years, “wealth in the region has grown by nearly 177 per cent…. The Americas came in second at nearly 146 per cent, while Europe, the Middle East and Africa (EMEA) saw the slowest growth at 44 per cent.”
Bloomberg (May 29)
The Asia-Pacific region “has gone from leader to laggard.” Until recently, APAC fared remarkably well at averting the worst of the pandemic. Now, in contrast, as “New York and London reopen, Singapore and Taipei are in semi-lockdown. Melbourne joined them this week. On May 24, the U.S. State Department added Japan to its ‘Level 4: Do Not Travel’ advisory list.” The “failure to get shots into arms fast enough has in some cases triggered swift and unexpected reversals of fortune that carry significant economic implications.”
Tags: APAC, Economic implications, Japan, Laggard, Leader, Lockdown, London, Melbourne, New York, Pandemic, Reopen, Reversals, Singapore, Taipei, U.S.
WARC (October)
“Almost two-in-five marketers (38%) in Asia Pacific are allocating more than 30% of their budgets on mobile marketing and advertising, according to data from WARC and the Mobile Marketing Association (MMA)…. In APAC, mobile commerce is far more popular than across other regions which makes it all the more important to master the e-commerce experience as consumers look to shop online more post-COVID.”
Tags: Advertising, APAC, Budgets, Commerce, Consumers, E-commerce, Experience, Marketers, Marketing, Mobile, Online, Post-Covid, Shop
Financial Times (June 30)
“The UK’s decision to leave the EU will not have any immediate, direct negative consequences for the ratings of states and major banks across Asia Pacific,” according to Fitch Ratings who also warned that “Japan could prove the exception…given the yen’s haven status and resultant strengthening posing a risk to policymakers’ planning.”
Tags: APAC, Banks, Brexit, Consequences, EU, Fitch, Haven Risk, Japan, Negative, Ratings, Sovereigns, UK, Yen
