Grant Thornton International Business Report (IBR) reveals that the proportion of businesses seeking to grow through mergers and acquisitions (M&A), be it overseas or within their national market, is high on business owners' agenda and in some countries risen steeply over the past two years. Globally the proportion has risen from 26% three years ago to 34% in 2012. Regionally, the Asia Pacific M&A activity went up from 21% in 2010 to 25% in 2012. For the same period Singapore‟s M&A activity holds up at 20% albeit with a 1% drop from 2010.
Business optimism increased over the last three months driven by improved revenue and demand prospects, according to the latest research from the Grant Thornton International Business Report (IBR), a quarterly survey of 3,000 businesses in 40 countries. However, despite the pick-up, businesses still remain less optimistic than they were this time last year, underscoring the fragile state of the global economic recovery.
The proportion of women holding senior management roles in Europe is steadily increasing according to the latest research from Grant Thornton. However, the reverse is true in emerging markets, where businesses have historically employed more females in senior roles. This leaves the global average at 21%, barely higher than the 2004 level.
Want to know where your country ranks in the global economic league table? Or who is the most generous aid donor? Or which country has the lowest divorce rate? The World in Figures contains a wealth of economic, socio-demographic, cultural and environmental statistics from The Economist and is now available as a free iPad app, thanks to a partnership between Grant Thornton and The Economist.
With the uncertainty of the direction of the world economy facing us in 2012 and the Singapore Government truly cognizant of the challenges in the year ahead, the forthcoming Budget will have to consider not just a Budget that addresses the long term challenges and issues but also address the uncertainties that lie in the year ahead of us in the Dragon year.
Global business confidence is balancing on a see saw heading into 2012 according to new figures from Grant Thornton’s International Business Report (IBR). With the global economic outlook dominated by the crisis in the eurozone, fears are increasing that business growth will become even more difficult than in 2011.