Results

According to the Malaysia Digital Industry Report 2020 – 1H2022, investments in the Global Business Services (GBS) sector accounted for approximately 50% of total digital investments in Malaysia between 2017 and 2021. The report highlighted that the GBS segment is the largest contributor to the digital industry, accounting for 69% of exports and 60% of job creation in 2021. The GBS industry is now one of the key pillars supporting Malaysia's digital economy.

The Philippines' Information Technology and Business Process Management (IT-BPM) sector has shown resilience throughout the pandemic, among the few industries that remained operational even during the first wave of community quarantines in early 2020.

Global companies increasingly seek cost-effective solutions to minimise expenses, and a growing number are now looking towards offshoring functions in Asia-Pacific as a strategic avenue.

Vietnam's offshoring market is experiencing significant growth, with an estimated revenue of USD 0.53 billion in 2023 and a compound annual growth rate (CAGR) of 12.7% from 2016 to 2023, according to Statista.

Comparing key offshoring hubs in Asia-Pacific

Choosing the right location for a company's offshore facility requires a comprehensive analysis of numerous factors.

Discover key economic and financial metrics, and what to look out for in the week ahead.

Borrowers are currently rolling off relatively favourable two-year fixed-rate deals agreed at the start of 2022, but the pain from higher rates will reduce as the year progresses.

A snapshot of the forecasts and forces shaping the global real estate investment landscape.

Our Knight Frank Active Capital research forecasts global cross-border capital flows across key sector and investor types, tracking opportunities for 2024.