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Local firms keen on investing in technology, consumer goods — EY survey - Vimarsana News

Local firms keen on investing in technology, consumer goods — EY survey

​ PHILIPPINE corporate entities are beginning to invest more in the sectors of technology and consumer goods through mergers and acquisitions (M&A), while the Southeast Asian (SEA) region is expected to be the hotbed for M&A transactions in the coming months. The 23 rd edition of EY Global Confidence Barometer surveyed over 2,400 executives in 52 countries, 185 of whom are from Southeast Asian (SEA) countries Indonesia, Malaysia, Philippines, Singapore, Thailand, and Vietnam. In the Philippines, companies are said to have already started on M&A moves. “The survey showed that the fin...

M&A uptrend - Vimarsana News

M&A uptrend

PETALING JAYA: The pace of mergers and acquisitions (M&As) in Malaysia, which has been affected by the Covid-19 pandemic, is expected to gain momentum going into the second half of the year. According to experts from professional services firms, the positive momentum is expected to be supported by low interest rates, accommodating capital markets and ample private capital environment. Although the number of M&A deals in the country may not be as high as in 2019, it is expected to pick up steam this year. Experts also opined that the M&A landscape could return to the pre-Covid 19 pandemic leve...