Wealth-X’s Post

Our founder, Tai Zee Kin, seized an opportunity to address Malaysia's current economic landscape on Astro Awani's Dialog Tiga Penjuru: Esok Hari Yang Penting. Leveraging this platform, he shared valuable insights. Within the same topic, he also discussed how the government can harness the positives of the current climate and, conversely, outlined actionable measures to mitigate the negatives. The focus was on closing the economic gap for small businesses and uplifting the populace through present and future governmental efforts. https://lnkd.in/gEEpyZsf

The number of millionaires in Vietnam virtually doubled between 2013 and 2023, the fastest rate globally, to 19,400 New World Wealth, a South African global wealth intelligence firm, forecasts #Vietnam will see 125% growth in wealth in the next 10 years, again the fastest rate in the world. Source: VnExpress #vietnamwealther #vietnameconomy

Good news! Exciting partnership with Pangoal, top Chinese thinktank. Europe - Asia Center 🇪🇺 and Pangoal 🇨🇳 forms a strategic partnership. Cooperation document was just signed at inspiring cermony in Beijing. We wish to be bold and strengthen relationships between communities of Europe and Asia. We will help Asian business to understand Europe better and invest more there. We will help European business in the Chinese market. We will host dialogues on critical political isssues where we sometimes disagree. We will inspire connections on culture, arts and sports, history and heritage Pangoal is a top Beijing-based thinktank led by Yi Peng. It has work streams on all the most critical issues of our time - green development, artificial intelligence, the ageing society and conflict resolution. Different from many thinktanks Pangoal is working very closely with business. The market cap of Pangoal affiliated companies are astonishing 10 trillion RMB - that is 1,4 trillion dollars. 盘古智库 Pangoal Institution Europe - Asia Center Dr.hc.Violeta Bulc Matic Gajšek Rui Yan Jonathan Schwestka Brian Wong Henning Kristoffersen Signe Brudeset Lise Nordgaard

[𝐒𝐀𝐕𝐄 𝐓𝐇𝐄 𝐃𝐀𝐓𝐄] We’re launching the 𝟮𝟬𝟮𝟰 𝗔𝘀𝗶𝗮-𝗣𝗮𝗰𝗶𝗳𝗶𝗰 𝗥𝗲𝗴𝗶𝗼𝗻𝗮𝗹 𝗛𝘂𝗺𝗮𝗻 𝗗𝗲𝘃𝗲𝗹𝗼𝗽𝗺𝗲𝗻𝘁 𝗥𝗲𝗽𝗼𝗿𝘁 (RHDR) in the Philippines🇵🇭! The story of human development in Asia and the Pacific has been one of long-term progress, but it has also been one of persistent disparity and widespread disruption. The Philippines, poised to become an upper-middle-income country by 2025, is highlighted in the 2024 RHDR for progress in specific themes. Join the conversations about new directions in human development in the country! Tune in to our 𝗙𝗮𝗰𝗲𝗯𝗼𝗼𝗸 𝗟𝗶𝘃𝗲𝘀𝘁𝗿𝗲𝗮𝗺 on 𝟮 𝗙𝗲𝗯𝗿𝘂𝗮𝗿𝘆 𝟮𝟬𝟮𝟰 at 9AM and watch this space for more updates. If you are interested in attending the launch on-site, please email [email protected] ___ UNDP in Asia and the Pacific UP School of Economics

🌟VIETNAM: THE NEXT MAJOR INVESTMENT DESTINATION!🌟 🎯 During his recent visit, South Korean President Yoon Suk Yeol praised Vietnam as a "promising investment destination" and highlighted its strategic significance in Southeast Asia. With its rapidly growing economy and business-friendly environment, Vietnam is attracting the interest of leading South Korean conglomerates seeking to expand their investments. 🤝 This endorsement highlights the strengthening economic partnership between South Korea and Vietnam, paving the way for new opportunities in collaboration and growth. The future looks promising for Vietnam as it strengthens its role as a key player in the regional economy.

As the year of the Dragon unfolds, Vietnam's pursuit of even greater growth becomes evident! Here you can see (as in the lobby of one of our partners in the picture below) and feel what this period holds in the hearts of the people. Success, ambition and risk-taking are anyway inherent for this region. Excited to see what the future holds! A big thanks to Ian Tian Chiang Yeo for his guidance & company! #dzbank #futurestrong

Despite surface appearances remaining stable in #China’s economy, there's an underlying sense of nervousness due to economic challenges. Patrick P. L. Tsang, Chairman of Tsangs Group, shared insights on the topic on Bloomberg Middle East this morning. The conversation focused on capital flows, with an emphasis on #FamilyOffices. Capital is migrating from #HongKong for the UK leading to the diversification of investments. Chinese investors are also showing increased interest in the #MiddleEast, with companies engaging in dual listings in the region. Watch the full interview on #Bloomberg to learn more about Gulf-China investments ↓ https://lnkd.in/d_8VPejc

🤝Korean Free Economic Zones(KFEZ) : Where the Success Formula for Business Unfolds 🔍Korean Free Economic Zones (KFEZ) provide the optimal business environment for global enterprises, serving as a center of international business where global capital and information converge. Korean Free Economic Zones are designed to actively attract foreign investment by enhancing the business environment and living conditions for foreign-invested companies. They maximize corporate autonomy and investment incentives through deregulation. Starting with Incheon in 2003, a total of nine zones have been established, including Busan/Jinhae, Gwangyang Bay, Gyeonggi, Daegu/Gyeongbuk, Chungbuk, East Coast, Gwangju, and Ulsan. 📢Today, we introduce the Gangwon, Gyeonggi KFEZ. Find out more information about Korea : www.investkorea.org #KOTRA #Invest_Korea