Emerging markets have been having a rough ride recently. While advanced economies have picked up speed, emerging markets have been slowing down, posing challenges for international investors and businesses.
In our recent ESCAPE index* report Malaysia performed well, ranking 14th out of our sample of 42 countries. We caught up with Patrick Tay, Economics Advisory, PwC Malaysia
Some banks in China see their greatest competitors not as traditional financial institutions, but modern Internet-based firms such as Tencent and Alibaba. Once deregulation occurs, these firms will race to control the market, resulting in an irreversible