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ALB JANUARY-FEBRUARY 2024 (ASIA EDITION)

MCI (P) 004/02/2024 issn 0219 – 6875 KDN PPS 1867/10/2015(025605) HOW GENERATIVE AI IS REVOLUTIONISING WORK AND DRIVING A NEW ERA OF PRODUCTIVITY JOHN KOSHY

BRIEFS: SE Asia poised for robust M&A year as tech, energy sectors drive dealmaking

With global businesses and investors growing weary of China's anaemic economic rebound and geopolitical upheaval, Southeast Asia has continued to solidify its standing as a key regional destination for dealmaking. While 2023 didn't match the highs of 2022, either in terms of deal value ($129.8 billion versus $90.6 billion) or volume (1,278 versus 933) – as per research from Mergermarket, White & Case, and ION Analytics) – last year dwarfed 2021 in terms of number of deals, and beat both 2019 and 2020 in terms of total amount.

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