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28 Jun 2021  |  Asia Pacific
Increase in Manpower Costs Spurs Transformational Growth Strategies of FM Companies in Securing New Contracts
This study provides an update to a similar study published in 2020. Since 2019, the cost of FM services in Singapore has increased. In 2021, FM vendors anticipate higher inflation rates for all services. Manpower cost is the main reason for price increase in FM services in 2020. For cleaning and security services, the increase in manpower costs is...
30 Oct 2015  |  Asia Pacific
Connectivity as an Enabler for Growth in the Automotive Industry
The automotive industry is a mature one. However, China is experiencing the opposite. The number of private cars is expected to increase at a compound annual growth rate (CAGR) of 6.7% over a 7-year period to reach 277.7 million by 2023. At present, new cars make up more than 50% of the car dealers' revenue in China, which offers more potential for...
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