Deal activity in Singapore drops 15% YoY in the first 4 months of 2024

Deal activity also dropped across APAC.

Singapore’s total deals in the first four months of 2024, including mergers & acquisitions, private equity and venture financing deals, fell 15% YoY.

Data from GlobalData showed that deal activity also fell for the whole of Asia-Pacific (APAC) by 9.3% YoY to 4,935 deals.

Apart from Singapore, China (-15.8%), Japan (-1.2% YoY), Australia (-7.9%), Australia (-3.2%), Malaysia (-30.7%), Hong Kong (15.8%), Indonesia (17.9%) and Thailand (11.1%) saw declines in deal volume.

“APAC's relatively modest decrease signifies resilience in the face of broader economic challenges. This resilience underscores the region's enduring appeal to dealmakers and highlights its potential for sustained growth in the deal landscape. Despite headwinds, opportunities abound, and strategic dealmakers would be wise to remain vigilant, identifying pockets of value amidst the shifting tides of the market,” Aurojyoti Bose, lead analyst at GlobalData, said.

Follow the link for more news on

GlobalData

Chart of the Day

Also Read

COTD: APAC deal volume falls 6.8% amidst economic uncertainties and tensions

Securitisation seen as key for Singapore developers to enhance returns

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

I want to download the media kit