Solidiance In The News

Solidiance in the news

The Top 10 Global Cities For Green Buildings

September 2016 | News
New opportunity or eternal bottleneck? Saudi Arabia's emerging role as a leading GCC Logistics market

The Gulf Cooperation Council (GCC)’s transportation and logistics industry is a prime gateway for trade activities - with goods mainly coming in from Asia, Europe or North America. In 2015, the GCC logistics industry reached USD ~47 billion. Among the GCC nations, Saudi Arabia represents the largest transportation and logistics market worth USD 19 billion in 2015, and accounted for 40% in total market size. With soaring trade volumes and a number of projects in the pipeline to improve freight infrastructure, multiple opportunities will follow in Saudi Arabia’s logistics industry. This white paper emphasizes the three key opportunities that explains Saudi Arabia's emerging role as a leading logistics market in GCC.

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The Top 10 Global Cities For Green Buildings

August 2016 | News
The Ultimate CEO Guide to Iran

After international economic sanctions were lifted in January 2016, Iran is now officially “open” for business. Global foreign companies – particularly European and Asian firms – have raced to capture the country’s vast market potential. Though most of its revenues rely on the exportation of crude oil, which accounts for 25% of the country’s GDP, the government plans to attract more FDI inflows by diversifying the economy in non-oil industries. This white paper titled “CEO Guide to Iran” aims to highlight key trends in seven key industries in Iran, the challenges that remain after sanctions have been ‘officially’ lifted, prevailing obstacles, and the accompanying strategies that must be considered when conducting due diligence in the market.

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The Top 10 Global Cities For Green Buildings

July 2016 | News
Solidiance acquires Technomic Asia for stronger China foothold

Solidiance, an Asia-focused strategy consulting firm has officially acquired Shanghai-based advisory firm Technomic Asia. The acquisition aims to combine two of Asia’s leading independent strategy firms together in providing a unique and unparalleled capability based on Solidiance’s broad regional coverage and Technomic Asia’s 30+ years in China. With this agreement, both companies will now pursue a more extensive collaboration, offer a greater level of service to clients and provide a greater commitment to advancing client company value, throughout Greater China and the rest of the Asian region.

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Solidiance acquires Technomic Asia for Stronger China Foothold

July 2016 | Article
Solidiance acquires Technomic Asia for Stronger China Foothold

Solidiance, an Asia-focused management consulting firm, has recently acquired Technomic Asia, a leading market strategy advisory firm based in Shanghai. Together, the two firms plan on being bigger and better-positioned in delivering growth strategy advisory to leading multinational companies in China and across the rest of Asia. Commenting on the acquisition, Damien Duhamel, the CEO of Solidiance, said that the combination of Solidiance and Technomic Asia will make it the preferred go-to source for growth advisory and implementation support among Fortune 1000 and Asian conglomerate companies from Dubai to Shanghai.

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Equiteq advises Solidiance on their acquisition of Shanghai-based consulting firm Technomic Asia

July 2016 | Article
Equiteq advises consulting company Solidiance on their acquisition of advisory firm Technomic Asia

Equiteq, a consulting firm specializing in M&A ventures, recently announced that its client Solidiance, an Asia-focused management consulting firm, has acquired Technomic Asia, a Shanghai-based business strategy and M&A advisory firm. Equiteq acted as an exclusive financial adviser to Solidiance for the transaction process. Technomic Asia boasts a loyal client base of Fortune 1000 and mid-sized firms, and is considered as one of the most reputable advisors to foreign entities seeking to do business in China. Their operations complement the standard portfolio Solidiance has traditionally served. Together, the two firms plan to be a stronger entity in the consulting world by delivering growth strategy advisory to leading multinational companies in China and across the rest of Asia.

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Equiteq advises Solidiance on their acquisition of Shanghai-based consulting firm Technomic Asia

July 2016 | Article
Equiteq advises Solidiance on their acquisition of Shanghai-based consulting firm Technomic Asia

Equiteq, the consulting sector M&A specialist, is pleased to announce that its client Solidiance, an Asia-focused management consulting firm, has acquired a Shanghai-based business strategy and M&A advisory firm, Technomic Asia. Equiteq acted as an exclusive financial adviser to Solidiance in relation to the transaction. As one of the most reputable advisors to foreign entities seeking to do business in China, Technomic Asia boasts a loyal client base of Fortune 1000 and mid-sized firms, which complements the standard portfolio Solidiance has traditionally served. Together, the two firms plan on being bigger and better-positioned in delivering growth strategy advisory to leading multinational companies in China and across the rest of Asia.

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Soldiance acquires Technomic Asia for stronger China Foothold

July 2016 | Article
Soldiance acquires Technomic Asia for stronger China Foothold

Technomic Asia has entered into a definitive agreement to be fully acquired by Solidiance, an Asia-focused management consulting firm with 12 offices in Asia. Together, the two firms plan on being bigger and better-positioned in delivering growth strategy advisory to leading multinational companies in China and across the rest of Asia. Commenting on the acquisition, Damien Duhamel, the CEO of Solidiance, said that the combination of Solidiance and Technomic Asia will make it the preferred go-to source for growth advisory and implementation support among Fortune 1000 and Asian conglomerate companies from Dubai to Shanghai.

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Singapore is second in the world for green buildings

July 2016 | Article
Singapore is second in the world for green buildings

Paris and Singapore have taken the top two spots in a ranking of global cities for green buildings in a White Paper published by consultancy firm Solidiance, while London is in third place. The report sought to compare the performance of the top 10 global cities with regards to green buildings. Paris and Singapore rose to the top spot because both cities excelled in all four categories. They are also the only cities to rank within the top five in each category. Meanwhile, Sydney, Tokyo, and Hong Kong clinched the fourth, fifth and sixth spots respectively, while New York is in seventh place. Dubai, Beijing and Shanghai are the last cities on the list.

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Benefits of green buildings for a sustainable living

July 2016 | Article
Benefits of green buildings for a sustainable living

Green buildings are present in today’s eco-friendly conscious world to offer tangible results for better sustainable living. Although the concept of green building is widely foreign to Indonesia, countries around the world have already taken initiative and strategies to accelerate the green building movement. According to Solidiance’s recent white paper, green buildings yield significant benefits and play a major role in decreasing energy and water use, minimizing waste, conserving natural resources, boosting employee productivity, as well as supporting a healthier lifestyle and enhancing well-being. This article is in Bahasa Indonesia.

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Creating sustainable cities and turning them into cities of opportunity

July 2016 | Article
Creating sustainable cities and turning them into cities of opportunity

In this interview article, Tai Lee Siang – the newly appointed chairman of the World Green Building Council's board of directors – gives his take on the transformation of Asian cities towards more sustainable and livable models. When asked about his key priorities and how his leadership can improve the sustainability of buildings in Singapore and at the global level, he notes that the city-state has an excellent Green Building Masterplan developed by the Building Construction Authority (BCA). Singapore also holds one of the top three spots in a ranking of global cities for green buildings, citing Solidiance’s recent White Paper titled “Top 10 Cities for Global Green Buildings”.

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Singapore wins second best for green buildings

July 2016 | Article
Singapore wins second best for green buildings

Singapore ranked second place in the world and the first in Asia for being the best in green building performance. According to Solidiance’s white paper “The Top 10 Cities For Green Buildings”, Paris won first place while London came in third. Each city had been assessed based on four main categories, out of which three focused on the total number of green buildings, performance and initiatives, and one category focused on the city’s green initiatives and performance. Other cities included on the list were Sydney, Tokyo, Hong Kong, New York, Beijing and Shanghai. This article is in Bahasa Indonesia.

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The Top 10 Global Cities For Green Buildings By Solidiance

July 2016 | Article
The Top 10 Global Cities For Green Buildings By Solidiance

This white paper ranks the performance of 10 global cities with regards to green buildings performance. Each city was analyzed to assess green building policies and targets, adoption of green building certification and construction projects, and the efficient performance of the city’s built environment. The purpose of the paper is to benchmark and publish the green building performance of these global cities, in order to evaluate global progress towards sustainable development, increase knowledge-sharing, share best practices, and better understand what is best (and what is not) working for cities on the global green building stage.

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The Top 10 Global Cities for Green Buildings

July 2016 | Article
The Top 10 Global Cities for Green Buildings

Singapore-based growth strategy firm Solidiance recently conducted a study to see which 10 international cities came out on top for green building performance. To rank each of the global cities, criteria were developed to measure the total number of green buildings within the urban boundary. Unsurprisingly, the green architecture movement in Paris has helped propel it to the number one global city for green buildings, while Singapore and London weren’t too far behind at two and three, respectively. Although some cities may have ranked higher than others in specific categories, the rankings were based on the total score across all four measurement categories.

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London ranks as a top three global city for green buildings

July 2016 | Article
London ranks as a top three global city for green buildings

Paris, Singapore and London have been ranked as the top three performing cities in the world for their integration of green buildings into the city in a recent white paper published by Solidiance. The three top cities are advanced in the adoption of new and existing green buildings, and experience a high level of green building activity. The white paper attributes France’s world-leading green infrastructure to the country’s willingness to set quantifiable targets for energy efficiency and performance in buildings, whereas other cities, including London, are still focusing on activity-based goals such as the number of certifications issued.

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Singapore second in the world in green buildings

July 2016 | Article
Singapore second in the world in green buildings

Paris and Singapore have taken the top two spots in a ranking of global cities for green buildings in a White Paper published by consultancy firm Solidiance, while London is in third place. The report sought to compare the performance of the top 10 global cities with regards to green buildings.

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Singapore ranks second in the world for green buildings

July 2016 | Article
Singapore ranks second in the world for green buildings

Singapore has ranked second in the global listings for green buildings. First place was taken by Paris, and London third. The rankings were part of a White Paper from consultancy firm Solidiance. The purpose of the paper was to evaluate the green building performance in these cities in order to better understand global progress towards sustainable development, learn more about best practices and clarify what is working and what isn’t. The methodology developed comprised of four main categories to assess all 10 global cities. According to the white paper, both Paris and Singapore excelled in all four categories, putting them top of the list.

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Singapore is second in the world in green buildings

July 2016 | Article
Singapore is second in the world in green buildings

Paris and Singapore have taken the top two spots in a ranking of global cities for green buildings while London is in third place, according to a White Paper published by Solidiance. The report sought to compare the performance of the top 10 global cities with regards to green buildings. These cities were assessed across four categories. Paris and Singapore rose to the top spot because both cities excelled in all four categories. Also, they are the only cities to rank within the top five in each category.

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What is the green economy?

July 2016 | Article
What is the green economy?

The Green Economy was developed by the United Nations Environment Programme (UNEP) to assist governments in shaping and focusing policies, investments and spending towards a range of green sectors. To date, 65 countries have embarked on green economy and 48 plan to develop national green economy plans and related strategies. In terms of construction, green buildings make for the Green Economy. A recent white paper published by Solidiance found that Dubai, along with other global cities, ranked among the top 10 for green building performance.

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Green buildings: Paris achieves top rank

July 2016 | Article
Green buildings: Paris achieves top rank

Paris has taken the number one rank in the Top 10 global cities for green buildings, according to a recent white paper published by Solidiance. It is followed by Singapore and London coming in second and third place respectively. Paris and Singapore took the top spot by excelling in all four assessment categories. In fact, they were the only cities that ranked within the Top 5 in every category. Sydney, Tokyo, and Hong Kong took the fourth, fifth and sixth positions while Dubai, Beijing and Shanghai were the laggards on the list for green buildings.

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London ranks as a top three global city for green buildings

July 2016 | Article
London ranks as a top three global city for green buildings

Paris, Singapore and London have been ranked as the top three performing cities in the world for their integration of green buildings into the city in a recent white paper published by Solidiance. The three top cities are advanced in the adoption of new and existing green buildings, and experience a high level of green building activity. The white paper attributes France’s world-leading green infrastructure to the country’s willingness to set quantifiable targets for energy efficiency and performance in buildings, whereas other cities, including London, are still focusing on activity-based goals such as the number of certifications issued.

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Singapore is second in the world in green buildings

July 2016 | Article
Singapore is second in the world in green buildings

Paris and Singapore have taken the top two spots in a ranking of global cities for green buildings while London is in third place, according to a White Paper published by Solidiance. The report sought to compare the performance of the top 10 global cities with regards to green buildings. These cities were assessed across four categories. Paris and Singapore rose to the top spot because both cities excelled in all four categories. Also, they are the only cities to rank within the top five in each category.

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The Top 10 Global Cities For Green Buildings

June 2016 | News
The Top 10 Global Cities For Green Buildings

This white paper ranks the performance of 10 global cities: Beijing, Dubai, Hong Kong, London, New York, Paris, Shanghai, Singapore, Sydney, and Tokyo (not in particular order) with regards to green buildings performance. Each city was analyzed to assess green building policies and targets, adoption of green building certification and construction projects, and the efficient performance of the city’s built environment. The purpose of the paper is to benchmark and publish the green building performance of these global cities, in order to evaluate global progress towards sustainable development, increase knowledge-sharing, share best practices, and better understand what is best (and what is not) working for cities on the global green building stage.

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Dubai Ranks Among Top 10 Green Cities

June 2016 | Article
Dubai Ranks Among Top 10 Green Cities

Dubai has been ranked among the top 10 global cities for green building, according to a recent white paper published by Solidiance. The white paper aims to assess and compare the performance of the top 10 global cities specifically with regards to green buildings. The emirate ranked eighth on the list. Dubai was given a score of 43.5 per cent - it scored strongly in the 'green building efficiency and performance' category. Paris, Singapore and London ranked among the top three global cities for green buildings.

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Dubai's Global Ranking For Green Buildings Is Surprising

June 2016 | Article
Dubai's Global Ranking For Green Buildings Is Surprising

Dubai has ranked eighth on the list of top ten cities for green building, according to a recent white paper published by Solidiance. The white paper aims to assess and compare the performance of the top ten global cities with regards to green buildings. Cities are rated across four categories that are city-wide green building landscape, building efficiency and performance, green building policies and targets, and green city culture and environment. Paris took the top spot followed by Singapore and London.

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Solidiance Ranks Top 10 Green Performing Cities in the World

June 2016 | Article
Solidiance Ranks Top 10 Green Performing Cities in the World

A new white paper by growth strategy consulting firm Solidiance has rated the top 10 highest “green” performing cities from around the world. Out of the top 10 rankings for green building performance, Paris ranked number one. According to the white paper, both Paris and Singapore have strong building efficiency and performance, which shows that both local and international certification standards are yielding high-performance on green buildings.

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Dubai among Top 10 Worldwide for Green Buildings

June 2016 | Article
Dubai among Top 10 Worldwide for Green Buildings

Dubai has been named in the top 10 global cities for green buildings, according to a white paper published by consultancy firm Solidiance. The emirate was ranked eighth on the list, which measured cities for their green building performance across four different categories. Three of the categories focused on the number of green building initiatives and their effectiveness, while one category focused on each city’s overall green performance. Dubai was given a score of 43.52%, scoring most strongly in the green building efficiency and performance category. However, the emirate scored poorly in the waste recycling metric and in its renewable energy consumption levels, the report showed.

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Dubai in Top 10 Green Cities

June 2016 | Article
Dubai in Top 10 Green Cities

Dubai has been ranked among the top 10 cities in the world for green building, according to a recent white paper published by Solidiance. The emirate ranked eighth on the list. Dubai was given a score of 43.5%, and scored strongly in the ‘green building efficiency and performance’ category. Paris, Singapore and London ranked among the top three global cities for green buildings. Findings from the white paper revealed Paris and Singapore were the only cities that ranked within the top five in every category and took the top spot by excelling in all four assessments. When evaluating the citywide green building landscape on the 10 global cities, the research identified London, Singapore and Paris as the top scorers.

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Dubai ranks in global 10 for green buildings

June 2016 | Article
Dubai ranks in global 10 for green buildings

Dubai has secured a place within the top 10 global cities for green buildings, according to a white paper published by consultancy firm Solidiance. The emirate ranked eighth on the list, which measure cities for their green building performance across four different categories. Dubai scored 43.52%, scoring most strongly in the green building efficiency and performance category. However, in the waste recycling metric and renewable energy consumption levels, Dubai scored poorly. Globally, Paris, Singapore and London topped the list, with the largest number of green buildings and initiatives.

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Green building in London hindered by lack of performance goals

June 2016 | Article
Green building in London hindered by lack of performance goals

The green building sector is growing every year, with the materials market expected to reach more than USD 234 billion by 2019. A new whitepaper from Solidiance has said London should follow strategies laid down by Paris if it wants to become a global leader in the green buildings sector. The paper, ‘Top 10 cities for global green buildings’, revealed that London buildings currently emit 32 million metric tonnes of CO2 annually. Comparatively, Paris only emits two million. London came in third place for its performance in the green building sector, ranking behind Paris and Singapore.

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UAE eyes Vietnam’s untapped potential

June 2016 | Article
UAE eyes Vietnam’s untapped potential

Foreign Minister Sheikh Abdullah bin Zayed of UAE visited Vietnam in hopes to promote trade between the two countries. Bilateral trade between Vietnam and the UAE increased by 27 per cent to USD 6.1 billion last year, and on top of this, another USD 5 billion came through various UAE free-trade zones. Previously, US president Barack Obama had also visited Vietnam to gain support for the Trans-Pacific Partnership, a trade agreement involving 12 Asian countries. Estimates of the effect of this deal on Vietnam’s GDP vary from 8 per cent to about 30 per cent. According to consultancy firm Solidiance, the TPP could add about USD 68 billion to Vietnam’s export base by 2025. Last year, Vietnamese exports stood at USD 162 billion.

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Singapore ranks 2nd among global cities for green buildings

June 2016 | Article
Singapore ranks 2nd among global cities for green buildings

Paris, Singapore and London hold the top three spots in a ranking of global cities for green buildings in a recent White Paper published by management consultancy firm Solidiance. Paris and Singapore took the top spots by excelling in all four assessments. According to the White Paper, they were the only two cities that ranked within top five in every category. Singapore stood out as a forerunner by topping the category of green building policies and targets. The city aims to green 80 per cent of its built-stock by 2030. By 2014, more than 25 per cent of the city's entire built-stock were green buildings.

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Singapore ranks second among global cities for green buildings

June 2016 | Article
Singapore ranks second among global cities for green buildings

Paris, Singapore and London comes outperforms other cities in a ranking of global cities for green buildings in a recent White Paper published by management consultancy firm Solidiance. Paris and Singapore took the top spots by excelling in all four assessments. According to the report, they were the only two cities that ranked within top five in every category. Singapore stood out as a forerunner by topping the category of green building policies and targets. The city aims to green 80 per cent of its built-stock by 2030. By 2014, more than 25 per cent of the city's entire built-stock were green buildings.

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World Green Building Council appoints first Asian chair

June 2016 | Article
World Green Building Council appoints first Asian chair

The World Green Building Council, the largest international organisation influencing the sustainable and green build marketplace, has appointed Singapore’s Tai Lee Siang as the new chair of its Board of Directors. Tai’s appointment is the second accolade Singapore has received this month in the area of sustainable and green building, after it was ranked second highest on consultancy firm Solidiance’s Global Cities for Green Building Performance Index 2016. As the new WGBC chair, Tai will push ahead with plans to grow WGBC’s member base, boost sustainable design innovations, and transform Asian cities.

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Dubai ranks among the world’s top 10 cities for green buildings

June 2016 | Article
Dubai ranks among the world’s top 10 cities for green buildings

Dubai has secured a place as one of the top 10 global cities for green buildings, a recent white paper published by consultancy firm Solidiance has found. The emirate ranked eighth on the list, which measured cities for their green building performance across four different categories. Three of the categories focused on the number of green building initiatives and their effectiveness, while one category focused on each city’s overall green performance. Dubai was given a score of 43.52 per cent, scoring most strongly in the ‘green building efficiency and performance’ category. However, the emirate scored poorly in the waste recycling metric and in its renewable energy consumption levels.

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London's green building sector threatened by quantity over quality approach

June 2016 | Article
London's green building sector threatened by quantity over quality approach

Solidiance’s latest whitepaper “The Top 10 Cities For Green Buildings” suggests that London should mirror Paris's strategies in order to become the global leader on green buildings. The whitepaper has ranked London third, behind Paris and Singapore, for its integration of green buildings in the city. While London’s position in the top three seems promising, the rapid growth of green buildings in Dubai, Shanghai and Beijing could eventually put the capital’s position under threat if policy continues to strive for a ‘figures approach’ that focuses on the number of buildings constructed, rather than the actual efficiency of these buildings.

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Cities Recognized For Green Building Efforts

June 2016 | Article
Cities Recognized For Green Building Efforts

Paris, Singapore and London hold the top three spots in a ranking of global cities for green buildings, according to a white paper published by Solidiance. The paper aims to assess and compare the performance of top 10 global cities in relation to green buildings. Paris and Singapore took the top spots by excelling in all four assessments, the white paper reported. They were the only two cities that ranked within top five in every category. Singapore topped the category of green building policies and targets, while London leads in the category of green building landscape by achieving the highest number of green buildings.

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The Top 10 Global Cities Going Green

June 2016 | Article
The Top 10 Global Cities Going Green

Solidiance published its list of the top 10 global cities for green building performance. The top three cities for green building performance were found to be Paris, Singapore and London. The company used four categories to determine the ranking. London and Paris were the front-runners in the green building landscape category, and Paris took the top spot for green building efficiency and performance category with 23.7 percent. Both Singapore and Sydney stood out among other cities on the list for the building policies and targets category. The study’s final category — city culture and environment — was won by Sydney and Paris, with New York coming in third place.

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Dubai ranks in global top 10 for green buildings

June 2016 | Article
Dubai ranks in global top 10 for green buildings

Dubai has secured a place within the top 10 global cities for green buildings, according to a white paper published by consultancy firm Solidiance. The emirate ranked eighth on the list which measure cities for their green building performance across four different categories. Dubai scored 43.52%, scoring most strongly in the green building efficiency and performance category. However, Dubai scored poorly in the waste recycling metric and renewable energy consumption levels. Globally, Paris, Singapore and London topped the list, with the largest number of green buildings and initiatives.

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Dubai named in global top 10 for 'green' buildings

June 2016 | Article
Dubai named in global top 10 for 'green' buildings

According to a white paper published by consultancy firm Solidiance, Dubai has been named in the top 10 global cities for green buildings. The emirate was ranked eighth on the list, which measured cities for their green building performance across four different categories. Three of the categories focused on the number of green building initiatives and their effectiveness, while one category focused on each city’s overall green performance. Dubai was given a score of 43.52 percent, scoring most strongly in the green building efficiency and performance category. The overall ranking revealed that Paris, Singapore and London topped the list, with the largest number of green buildings and initiatives.

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Dubai ranked among top 10 cities for green buildings

June 2016 | Article
Dubai ranked among top 10 cities for green buildings

Dubai is among the top 10 global cities for green buildings, as revealed in a recent paper published by Solidiance, which measured cities for their green building performance across four different categories. Findings from the white paper found that Paris ranked No.1 while Dubai ranked No. 8 on the list, scoring strongly in the “green building efficiency and performance” category. The emirate received an overall score of 43.52 percent. Considering Dubai only recently got into the green building movement, the Emirate plans to up its game when it comes to the “Go Green” initiative.

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Dubai Among the World’s Top 10 Cities for Green Buildings

June 2016 | Article
Dubai Among the World’s Top 10 Cities for Green Buildings

A recent white paper published by consultancy firm Solidiance has revealed that Dubai secured a place as 1 of the Top 10 global cities for Green buildings. The ranking assesses cities on the number of Green building initiatives and their effectiveness. The Emirate ranks 8th on the list, which measured cities for their Green building performance across 4 different categories. Dubai was given a score of 43.52%, scoring most strongly in the Green building efficiency and performance category. However, the Emirate scored poorly in the waste recycling metric and in its renewable energy consumption levels. The three top performing cities were found to be Paris, Singapore and London with the largest number of Green buildings and initiatives.

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Dubai ranks among top 10 green cities

June 2016 | Article
Dubai ranks among top 10 green cities

According to a recent white paper published by Solidiance, Dubai has been ranked among the top 10 global cities for green building. The Emirate ranked eighth on the list and was given a score of 43.5 per cent. Dubai scored strongly in the 'green building efficiency and performance' category. Overall, Paris, Singapore and London ranked among the top three global cities for green buildings. Findings from the white paper revealed Paris and Singapore were the only cities that ranked within the top five in every category and took the top spot by excelling in all four assessments.

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Paris and Singapore lead green building revolution

June 2016 | Article
Paris and Singapore lead green building revolution

A white paper titled “Top 10 Cities for Global Green Buildings” published by Solidiance on the development of green buildings in major cities showed Paris and Singapore leading the field. The white paper assessed the world’s global cities on their green building performance and compared each city to a set of agreed criteria. The performance of Paris was particularly impressive as it proves that a strategic and that methodical approach to retrofitting can dramatically improve efficiency. London revealed a lack of city-wide performance goals which has hindered it from becoming the global leader in green buildings. When evaluating the Global Cities on the overall green building performance, the research identified Singapore, London and Paris as the top scorers.

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Singaporean Green Champion Tai Lee Siang spearheads the global green movement as first Asian Chairman of WGBC

June 2016 | Article
Singaporean Green Champion Tai Lee Siang spearheads the global green movement as first Asian Chairman of WGBC

The World Green Building Council (WorldGBC) has announced Mr Tai Lee Siang as its new Chairman. Mr Tai Lee Siang, from Singapore, is the first Asian Chairman to helm this international body since its founding in 2002. The appointment is the second accolade that Singapore has achieved in the area of green buildings and sustainability this month. In addition, a recent white paper published by Solidiance ranked Singapore as the second among 9 other Global Cities for Green Building Performance Index 2016. The methodology used to assess the global cities for their green building performance are drawn across four categories: City-wide green building landscape; building efficiency and performance; green building policies and targets; and green city culture and environment.

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Dubai among top 10 cities for green buildings

June 2016 | Article
Dubai among top 10 cities for green buildings

Dubai is ranked among the top 10 cities in the world for green buildings, according to a new report made by Solidiance. The emirate is placed 8th in the list, which compares each city across four key indicators. Dubai scored strongly in the green building efficiency and performance category, but trails when it comes to policies and building landscape. Globally, Paris, Singapore and London head the list. The methodology used to assess the global cities for their green building performance are drawn across four categories: City-wide green building landscape; building efficiency and performance; green building policies and targets; and green city culture and environment.

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Creating sustainable cities and turning them into cities of opportunity

June 2016 | Article
Creating sustainable cities and turning them into cities of opportunity

In this interview article, Tai Lee Siang – the newly appointed chairman of the World Green Building Council's board of directors – gives his take on the transformation of Asian cities towards more sustainable and livable models. When asked about his key priorities and how his leadership can improve the sustainability of buildings in Singapore and at the global level, he notes that the city-state has an excellent Green Building Masterplan developed by the Building Construction Authority (BCA). Singapore also holds one of the top three spots in a ranking of global cities for green buildings, citing Solidiance’s recent White Paper titled “Top 10 Cities for Global Green Buildings”.

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Singapore, the world’s second city for green building performance

June 2016 | Article
Singapore, the world’s second city for green building performance

In a recent White Paper published by management consultancy firm Solidiance, three top cities for green buildings were identified as Paris, Singapore and London. Paris and Singapore took the top spots by excelling in all four assessments. According to the White Paper, they were the only two cities that ranked within top five in every category. Singapore stood out as a forerunner by topping the category of green building policies and targets. The city aims to green 80 per cent of its built-stock by 2030. By 2014, more than 25 per cent of the city's entire built-stock were green buildings. This article is in Chinese.

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Business in Iran: Overcoming the Differences in Valuation

June 2016 | Article
Business in Iran: Overcoming the Differences in Valuation

Despite the fact company valuation in Iran differs largely amongst other countries, these differences could possibly create major business potential done correctly. Solidiance observes this matter from a variety of standpoints that let foreign companies do business in the Islamic Republic of Iran. Raul Heraud, Manager of China and Middle East at Solidiance, explains that while business dealings in Iran can be risky and exciting at the same time, foreign players looking to enter Iran must seek help from advisors who understand the potential scenarios of the market’s evolution and the implications, and navigate through the creative local accounting and business practices the country has been doing for decades.

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Chinese Electric Car Industry Is Chaotic, Rife with Fraud

June 2016 | Article
Chinese Electric Car Industry Is Chaotic, Rife with Fraud

Electric cars are proving to be popular in China with government policies designed to make purchasing an electric car the most economical and desirable option for Chinese consumers. However, the Chinese automobile market is still in its infancy and incapable of absorbing so many electric cars. China sold only 330,000 electrics last year. While that is more than any other country, it is still a very small percentage of total sales. According to Pilar Dieter, Shanghai-based Partner of Solidiance, while there are so many electric car projects with billions in investments being done, the state of immaturity in the Chinese electric car market does not guarantee everyone to survive.

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China's Electric Car Market In Danger of Backfiring After Attracting Ragtag Crew Of Players

June 2016 | Article
China's Electric Car Market In Danger of Backfiring After Attracting Ragtag Crew Of Players

China is pushing to have more electric vehicles on the road by investing heavily on car production despite market realities. In a bid to fight environmental pollution, local companies are rushing to make new energy vehicles, and while the local governments are more than enthusiastic to invest billions of dollars to build battery factories and electric car manufacturing lines, the market may not be ready for all the forthcoming productions. According to Pilar Dieter, Shanghai-based Partner at Solidiance, although there are so many electric car projects being invested with billions of RMB, the state of immaturity in the market does not guarantee all of them to survive.

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Tesla upbeat about Chinese preorders, but does it translate to success with China's Consumers?

May 2016 | Article
Tesla upbeat about Chinese preorders, but does it translate to success with China's Consumers?

Pre-orders for the Tesla Model 3 vehicles in China did not fare well compared to the pre-orders in global markets, which reached up to 400,000 units. The Model 3, which had sold for USD 35,000 and is the low-cost unit from the other two models, saw disappointing sales in China due to the vehicles’ high price tags caused by steep shipping costs and import taxes. According to Pilar Dieter, Partner at Solidiance who heads up Solidiance's Greater China operation, while the Model 3 pre-orders could suggest a widening appeal for Chinese consumers to switch to electric cars, the company may struggle to scale up production to meet orders in China. Pilar also asserted that if Tesla were ever to consider a Joint Venture (JV) with a local partner, operating costs would significantly increase due to management spending and raw material imports. It remains a question as to whether Tesla can be profitable in the Chinese market, she added.

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TPP to drive manufacturing growth in Vietnam

May 2016 | Article
TPP to drive manufacturing growth in Vietnam

The Trans Pacific Partnership trade agreement will be yet another boost to Vietnam's manufacturing growth, according to Mr. Michael Sieburg, Associate Partner at Solidiance Vietnam. Vietnam is set to be a major beneficiary as the agreement will increase investment in its manufacturing sector, deepen the supply chain, and accelerate export growth. Where textile and apparel industries will continue to be a main driver of Vietnam’s economic growth, the TPP will further accelerate exports by an estimated additional USD 68 billion by 2025. Further market access to already large trade partners such as the US and Japan will also be central to driving the benefits for Vietnam’s manufacturing sector.

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Myanmar moves to suspend controversial private hospital project

May 2016 | Article
Myanmar moves to suspend controversial private hospital project

The new Myanmar's government is to suspend a leasing of a prime location in Yangon to a foreign private healthcare group, after widespread protests from the medical establishment. A Malaysian healthcare group IHH, had planned to build a 250-bedprivate facility and invest 70 million dollars in the area, but the land plot is finally reserved for the further extension of Yangon General Hospital. Solidiance highlights that since 2011, the country’s greater openness to investment has spurred strong economic growth, with the healthcare sector alone growing from 704 million dollars in 2010 to 2 billion dollars in the fiscal year to March 2016.

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TPP to drive manufacturing growth in Vietnam

May 2016 | Article
TPP to drive manufacturing growth in Vietnam

A recent white paper from Solidiance highlights a number of growth opportunities in Vietnam’s manufacturing sector in relation to the Trans-Pacific Partnership agreement. Further market access to already large trade partners such as the US and Japan will be central to driving the benefits for Vietnam’s manufacturing sector. According to Michael Sieburg, Associate Partner at Solidiance Vietnam, the TPP will be yet another boost to Vietnam’s manufacturing growth. Vietnam, the second-smallest economy among the TPP member countries after Brunei, is set to be a major beneficiary as the agreement will increase investment in its manufacturing sector, deepen the supply chain, and accelerate export growth.

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How the Trans-Pacific Partnership benefits Vietnam’s economy

May 2016 | Article
How the Trans-Pacific Partnership benefits Vietnam’s economy

Vietnam’s manufacturing environment is well-positioned to benefit from Trans-Pacific Partnership (TPP)’s passage as the textiles and apparel industry, in particular, will enjoy expanded access to the US and Japan markets through reduced tariff duties, accelerating foreign direct investment into the country. However, according to Michael Sieburg, Associate Partner of Solidiance Vietnam, strategic development of supporting industries (raw materials & machinery) and accompanying infrastructure (port, construction & logistic) will be needed to fully absorb TPP’s benefits for the economy.

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TPP to drive Vietnam’s manufacturing industry

May 2016 | Article
TPP to drive Vietnam’s manufacturing industry

The Trans Pacific Partnership will significantly benefit Vietnam’s economic growth, the second-smallest economy among the TPP member countries after Brunei. A recent white paper from Solidiance highlights a number of areas of growth opportunities in Vietnam’s manufacturing sector in relation to the agreement. Textile and apparel industries will continue to be a main driver of Vietnam’s economic growth while further market access to already large trade partners such as the US and Japan will be central to driving the benefits for Vietnam’s manufacturing sector. As TPP signatories account for ~40 per cent of Vietnam's total exports, an additional USD 68 billion in exports will spur growth to member countries by 2025.

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TPP to drive manufacturing

April 2016 | Article
TPP to drive manufacturing

Vietnam is set to be a major beneficiary as the Trans Pacific Partnership (TPP) agreement will increase investment in its manufacturing sector, deepen the supply chain, and accelerate export growth. The textile and apparel industries will continue to be a main driver of Vietnam’s economic growth in light of the agreement being signed. Mr. Michael Sieburg, Associate Partner at Solidiance Vietnam, says in his exclusive interview with the Vietnam Economic Times that Vietnam will enjoy further market access to already large trade partners such as the US and Japan, and this will be central to driving the benefits for Vietnam’s manufacturing sector. The agreement’s passage will also accelerate Vietnam’s exports to member countries as well as increase its total exports by an estimated additional USD 68 billion by 2025.

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TPP to benefit Vietnam’s logistics infrastructure

April 2016 | Article
TPP to benefit Vietnam’s logistics infrastructure

Vietnam’s logistics infrastructure will benefit from the TPP as investments targeting its upgrade will be needed to accommodate the rising flow of goods. Vietnam’s trade growth is expected to accelerate further by at least 11 and 13 per cent YoY for exports and imports. The expansion of multinational companies in Vietnam to create a more competitive market is driving growing demand for supply-chain management facilities, particularly in relation to handling more complex sourcing issues, production requirements, and servicing sales networks. According to Michael Sieburg, Associate Partner of Solidiance in Vietnam, in order to successfully access the Vietnamese logistics market, foreign logistics companies may collaborate with local partners in training and technology transfer to maximize operations through increased localization.

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Damien Duhamel: Advising resilience and humility to achieve success

March 2016 | Article
Damien Duhamel: Advising resilience and humility to achieve success

In this exclusive interview with The Jakarta Post, Damien Duhamel, CEO and Managing Partner of Solidiance, shares his personal advice and insights surrounding the company’s growth factors. According to Damien, staying resilient and humble are keys to having a strong foothold in an industry, as well as choosing an internship program – which may make or break a student’s future career. After ten years of operation as an Asia-focused management consulting firm, Solidiance now has 12 offices across different countries. Although Indonesia is new to the consulting industry, admits Damien, a consulting company with strong integrity and professionalism will always have its advice asked for. Damien asserts that all staff in the company are self-motivated with strong capabilities and high motivation, enabling them more chance of accomplishments and success.

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Myanmar's Emerging Opportunities in Healthcare, Diagnostic Imaging & In Vitro Diagnostics

March 2016 | Event
Myanmar's Emerging Opportunities in Healthcare, Diagnostic Imaging & In Vitro Diagnostics

Solidiance Thailand hosted its Exclusive Breakfast Roundtable on the 8th of March 2016 to discuss the topic entitled “Myanmar's Emerging Opportunities in Healthcare, Diagnostic Imaging and In Vitro Diagnostics”. This by-invitation only discussion was attended by the decision makers of some of the biggest healthcare players in Thailand. The well-engaged discussion talks on opportunities in Myanmar’s healthcare market driven by economic growth and demographic changes. Diagnostic equipment, such as Diagnostic Imaging & In-Vitro Diagnostics in particular, have witnessed a rapid rise in adoption in Myanmar since 2012 with rising awareness as well as the establishment of new healthcare facilities.

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Trans-Pacific Partnership: A Boost for Vietnam’s Manufacturing Growth

March 2016 | News
Trans-Pacific Partnership: A Boost for Vietnam’s Manufacturing Growth

The Trans-Pacific Partnership (TPP), a regional trade agreement among 12 countries, will benefit Vietnam's economy through its manufacturing sector. As TPP accounts for ~40% of global GD and ~11% of the world’s population, tariff reductions and expanded market access will be felt in Vietnam’s economy once TPP comes into effect. Large trade volumes with the U.S. and Japan, increased competitiveness due to low labor costs, as well as tariff cuts on export and import goods are major drivers behind Vietnam’s benefits from TPP. The white paper highlights opportunities that exist in Vietnam’s manufacturing sector as a result of TPP. To maximize benefits, strategic development of supporting industries (raw materials and machinery) and accompanying infrastructure in Vietnam are required.

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How the Trans-Pacific Partnership benefits Vietnam’s economy

March 2016 | Article
How the Trans-Pacific Partnership benefits Vietnam’s economy

Vietnam’s manufacturing environment is well-positioned to benefit from Trans-Pacific Partnership (TPP)’s passage as the textiles and apparel industry, in particular, will enjoy expanded access to the US and Japan markets through reduced tariff duties, accelerating foreign direct investment into the country. However, according to Michael Sieburg, Associate Partner of Solidiance Vietnam, strategic development of supporting industries (raw materials & machinery) and accompanying infrastructure (port, construction & logistic) will be needed to fully absorb TPP’s benefits for the economy.

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Vietnam’s manufacturing to benefit from TPP?

March 2016 | Article
Vietnam’s manufacturing to benefit from TPP?

In Thailand, expenditures on chronic and non-communicable diseases (NCD) had surged by 33% between 2010 and 2013 for cardiovascular, 11% for cancer, and 75% for diabetes due to change in lifestyle attributed with obesity, stress, cancer and other NCD. According to Mickael Feige, Partner of Solidiance Thailand, there are four main reasons that make Thailand the leading healthcare hub in the region; namely in human resource quality, reasonable cost, service and hospitality, as well as tourist attraction.

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Will Vietnam’s manufacturing be benefited from TPP?

March 2016 | Article
Will Vietnam’s manufacturing be benefited from TPP?

Foreign Direct Investment in Vietnam is expected to reach USD 35 billion by 2020 driven by the country’s participation in the Trans-Pacific Partnership (TPP) agreement. According to Solidiance’s recent white paper, once TPP has been ratified, tariff rates on Vietnamese goods to the US will be reduced to zero (currently 7.9% for textiles and 11.4% for clothing), which enable companies in Vietnam to expand market access to the US and Japan. As large domestic and foreign investments pour into Vietnam’s economy following the TPP agreement, manufacturing facilities tend to scale-up to take advantage of economies of scale. This is in Vietnamese language.

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How companies must move quicker to capitalize on Iran's market revival

March 2016 | Article
How companies must move quicker to capitalize on Iran's market revival

With sanctions removed in Iran, global and regional CEOs of some of the largest companies in Europe and Asia have been in the race to quickly enter or re-enter the market; countering that excitement are many Chief Executives from U.S. and Chinese companies. Over the past decade, China capitalized on Iran’s estrangement to the global economy by securing primary positions in both oil and non-oil sectors of Iran’s economy. The end of sanctions means the Chinese must now compete with international players. In this exclusive interview, Damien Duhamel, the CEO and Managing Partner of Solidiance, highlights business opportunities in an emerging Iran's economy post-sanctions and how foreign companies are required to act fast to capitalize on these opportunities.

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Companies must move quicker to leverage opportunities in Iran

March 2016 | Article
Companies must move quicker to leverage opportunities in Iran

The removal of sanctions in Iran last month was strongest amongst global and regional CEOs of some of the largest companies in Europe and Asia; to which excitement of many Chief Executives from U.S. and Chinese companies were felt. Over the past decade, China capitalized on Iran’s estrangement to the global economy by securing primary positions in both oil and non-oil sectors of Iran’s economy. The end of sanctions means the Chinese must now compete with international players. In this exclusive interview, Damien Duhamel, CEO and Managing Partner of Solidiance, highlights business opportunities in an emerging Iran economy and how foreign companies are required to act fast to capitalize on these opportunities.

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Sanctions lift on Iran and how foreign companies must react

March 2016 | Article
Sanctions lift on Iran and how foreign companies must react

With a GDP of approximately USD 1.4 trillion, Iran currently is home to 1.5 per cent of the world’s GDP and is the 18th largest economy in the world – placing it between Turkey and Australia. Iran’s economy is also much more sustainable than the 'hottest' emerging Asian and Middle East economies. Iran’s removal of sanctions last month was strongest amongst global and regional CEOs of some of the largest companies in Europe and Asia; countering that excitement of many Chief Executives from U.S. and Chinese companies. In this exclusive interview, Damien Duhamel, CEO and Managing Partner of Solidiance, highlights business opportunities in an emerging Iran economy and how foreign companies are required to act fast to capitalize on these opportunities.

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Issue of the Week: Will Thai hospitals stay ahead of the race in Southeast Asia?

February 2016 | Article
Issue of the Week: Will Thai hospitals stay ahead of the race in Southeast Asia?

In Thailand, expenditures on chronic and non-communicable diseases (NCD) had surged by 33% between 2010 and 2013 for cardiovascular, 11% for cancer, and 75% for diabetes due to change in lifestyle attributed with obesity, stress, cancer and other NCD. According to Mickael Feige, Partner of Solidiance Thailand, there are four main reasons that make Thailand the leading healthcare hub in the region; namely in human resource quality, reasonable cost, service and hospitality, as well as tourist attraction.

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Overcoming business challenges in Iran’s emerging market

February 2016 | Article
Overcoming business challenges in Iran’s emerging market

Iran's economic potential for doing business has sparked interest in the Western region after years of strict sanctions against the country was removed in late January 2016. However, Iran’s opportunities come with its challenges in equal measure. According to Alexandre Sudron, Consultant of Solidiance Middle East, Iran’s political system has long been controlled by conservative groups which are currently enjoying a dominant position in the market. The lack of bureaucracy, the country's strict legal system, as well as high levels of corruption have hindered businesses to strive in the country. Only foreign companies who have joined with local partners and found good advisors that know the rules of Iranian business deals are key success factors, notes Alexandre. This article is in Lithuanian language.

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Shanghai’s Energy Efficiency in Building: Aspirations VS Realities

February 2016 | Event
Shanghai’s Energy Efficiency in Building: Aspirations VS Realities

Steve Crandall, the General Manager at Solidiance in China, had given a thought-provoking presentation on “Shanghai’s Energy Efficiency in Building: Aspirations VS Realities”. The session was delivered at the Energy Efficiency Laboratory Shanghai, hosted by the United Technologies (UTC) in association with the World Business Council for Sustainable Development (WBCSD) and China Business Council for Sustainable Development (CBCSD). In his presentation, Steve outlines China’s current state in green buildings, the trends, as well as seizing market opportunities and its challenges for key players.

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Business Opportunities in Iran for French Companies

February 2016 | Article
Business Opportunities in Iran for French Companies

France 24 TV interviewed Alexandre Sudron, the Consultant at Solidiance Middle East, to share his insights on business opportunities in Iran for French companies. Not long after the Iran's sanctions lift, Hassan Rouhani, the President of Iran, visited France to seek for more investors. Alex highlights France's relatively good relations with Iran, strong presence in the market, and hence strong knowledge of doing business in the country - despite political differences between the two. However, doing business in the public and private sector in Iran can be really different. Along with other complexities this emerging market may impose, developing actionable and proper strategies to penetrate Iran is therefore paramount. This video is in French language.

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Myanmar’s healthcare sector: Opportunities in Diagnostic Imaging and In-Vitro Diagnostics

February 2016 | Article
Myanmar’s healthcare sector: Opportunities in Diagnostic Imaging and In-Vitro Diagnostics

With the increasing economic growth and demographic changes in Myanmar, expenditure in the healthcare landscape is set to rise by the growing awareness of regular check-up for early detection of non-communicable diseases. Myanmar is also witnessing rapid growth in healthcare demand. Omar Aziz, Associate Partner at Solidiance Singapore, highlights the shifts in Myanmar’s healthcare system, which ultimately results in the emerging opportunities for private healthcare companies, especially in the Diagnostic Imaging (DI) and In-Vitro Diagnostics (IVD) market. However, as demand is increasing faster than supply, global healthcare players are urged to adapt to a fast evolving market and think of sustainable long-term strategies to capitalize on unique growth opportunities within the healthcare system. See Solidiance's related white paper about Myanmar's DI and IVD market opportunities for more insight.

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Emerging Opportunities in Myanmar’s Diagnostics Imaging and In-Vitro Diagnostics

February 2016 | Article
Emerging Opportunities in Myanmar’s Diagnostics Imaging and In-Vitro Diagnostics

Myanmar’s emerging medical device market has seen growing opportunities especially in Diagnostics Imaging (DI) device and In-Vitro Diagnostics (IVD) sector. Increase in healthcare spending, upgrading of healthcare facilities and the growing demand for high quality diagnostics test results are the drivers behind this. Moreover, high incidence rate of diseases caused by the lack of early detection and changes in lifestyle signals the growing need for diagnostic devices in Myanmar. Mie Mie Ko, analyst of Solidiance Myanmar, highlights the trends of non-communicable diseases in the country and the surging demand for diagnostic devices in Myanmar to conclude that opportunities do indeed exist for Myanmar’s Diagnostics Imaging (DI) device and In-Vitro Diagnostics (IVD) market.

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Thai hospitals bombarded by massive shortages of medical specialists

February 2016 | Article
Thai hospitals bombarded by massive shortages of medical specialists

Southeast Asian countries are experiencing a shortage of medical specialists, both in the capital and in tier 2 cities. According to Mickael Feige, Partner at Solidiance in Thailand, as demand for healthcare facilities continue to increase in Asia, the shortage of medical specialists means there will be no sufficient personnel to operate in. Moreover, trends in Thailand’s healthcare system, such as the expansion of private hospitals, shift to a universal healthcare scheme, rising number of chronic disease patients, as well as rising expectations to receive treatments from specialists all aggregate to the shortage of physicians. As much as 5,600 family physicians are needed to fill the gap of the shortage, remarks Mickael.

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Syngenta deal shows China's keenness to grow role

February 2016 | Article
Syngenta deal shows China's keenness to grow role

In this exclusive op-ed article, Andreuw Gunawan, manager of Solidiance Shanghai highlights the $43 billion acquisition of Swiss agrochemical producer Syngenta by state-owned chemical company ChemChina, in light of the U.S. chemical producers Dow Chemical and DuPont’s merger. As China is highly reliant on foreign companies for seeds, ChemChina’s dealmaking reflects the government’s objectives to enhance farming productivity and decrease the country's reliance on imported foods. Hence, development of specialty chemicals, high-performance engineering plastics and biochemical products, including greater self-sufficiency in raw materials become paramount for Chinese chemical players to move up the value chain.

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Commercial Viability for Robotics under Made in China 2025

January 2016 | Event
Commercial Viability for Robotics under Made in China 2025

China’s manufacturing sector is struggling and facing slower growth than in the past decades. Multinational and domestic firms are all facing significant headwinds in 2016, and for the robotics manufacturers, the data present in the market along with the sentiment of manufacturers, is that automation is critical and will be an investment area of focus. However, discretionary spending will remain extremely controlled and likely to undercut some of the predictions from the data commonly interpreted by experts. Pilar Dieter, Partner of Solidiance Shanghai, was invited as a speaker and chairperson at the 3rd Global Industrial Robot Summit 2016 to present on the topic entitled ‘Commercial Viability for Robotics under Made in China 2025’.

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Iran’s Revival: What Will Your Strategy Be?

January 2016 | News
Iran’s Revival: What Will Your Strategy Be?

On January 16th 2016, the 37 years of successive sanctions against Iran was lifted. Iran is currently home to 1.5% of the global GDP and is the 18th largest economy in the world, presenting itself as a strong business-case for significant Foreign Direct Investment (FDI). For the Iranian government, this means an immediate access to USD 150 billion in frozen assets, and an opportunity to rebuild the country’s industrialized economy. For businesses, the most immediate and significant sanctions to be lifted against Iran are the financial sanctions that have barred the country from playing in the global financial markets. Solidiance's white paper provides a review of the Iranian economy, comparing it to lucrative emerging markets in the Middle East and Asia such as Turkey, Thailand, Indonesia, and Malaysia, while also highlighting investment opportunities and risks in Iran today.

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Three reasons why Singapore leads in the design sector

January 2016 | News
Three reasons why Singapore leads in the design sector

In the last few years, Singapore has developed a good reputation in the field of design. Three main reasons why Singapore has become a destination hub for design were highlighted in this article, one of which stated how the design landscape led to recognition and appreciation, referring to Solidiance’s The Most Innovative Cities in Asia ranking. In the study, it was found that Singapore leads the position in all of Asia Pacific for design, innovation and creative enterprise. This article is in Bahasa Indonesia.

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A changing landscape of industrial investments for Malaysia’s automation vendors

December 2015 | Article
A changing landscape of industrial investments for Malaysia’s automation vendors

The market for Malaysia’s industry suppliers has reached a turning point. After years of stable growth, the country’s industry suppliers may fall into a state of idle uncertainty, forcing automation vendors to re-orientate and adapt in the market. Solidiance conducted a study on over 180 automation vendors on their market expectations in light of recently recorded industrial investment trends and found that industrial automation firms turn away from the oil & gas industry and see the future in processing industries such as chemicals and food processing.

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Malaysia’s Automation sector : in-depth industry vendors survey

December 2015 | Article
Malaysia’s Automation sector : in-depth industry vendors survey

In recent years, Malaysia's technical manufacturing sector, both in electronics and automotive, has slowed down. Automation vendors must ask themselves which sectors in Malaysia can open future opportunities and still hold potential for growth. In this article, Solidiance had screened 198 automation vendors in the country, a subset of which was surveyed in-depth on their views of their market and contrast these with the latest industrial developments, namely the massive shift in investment growth sectors. The end result of the survey showed that firms turn away from the oil & gas as well as their business in manufacturing sectors, and instead see the future in processing industries such as chemicals and food processing.

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A major growth development for a Joint-Venture in Myanmar’s automotive segment

December 2015 | Article
A major growth development for a Joint-Venture in Myanmar’s automotive segment

Yoma Strategic Holdings Ltd, a conglomerate with diverse business interests in Myanmar, announced that they will be dealing in a joint venture (JV) with Mitsubishi Corp to distribute Mitsubishi Corp’s vehicles in Myanmar. Citing Solidiance’s market report titled “The Rise of Myanmar’s Automotive Aftermarket”, it is stated that private car ownership in Myanmar had continued to increase at 10.8% annually from 2008 to 2014.

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Lack of maintenance leads to car-owner headaches

December 2015 | Article
Lack of maintenance leads to car-owner headaches

Myanmar has become a growth area for lubricating oil imports since the sudden influx of cars in 2011, referring to Solidiance’s white paper titled “Winning Myanmar's Automotive Lubricant Market”. Myanmar imported 78.8 million litres of lubricant in 2012, a market that has been growing by 8 to 9 percent a year, compared to 2pc growth globally. Now, Myanmar drivers are learning that maintenance is cheaper than repairs.

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Myanmar healthcare industry set to pass 2 billion mark

December 2015 | Article
Myanmar healthcare industry set to pass 2 billion mark

Myanmar’s healthcare is a growing industry and is set to surpass $2 billion in FY 2015-2016. According to Solidiance, the healthcare market in Myanmar is being transformed as liberalisation filters into the market. As part of the study titled ‘Emerging Opportunities in Myanmar’s Diagnostic Imaging & In-vitro Diagnostics’, the current state of affairs of the Myanmar health sector is measured and a number of opportunities, particularly in Diagnostic Imaging & In-vitro Diagnostics, are considered.

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Recognizing Singapore’s design sector

December 2015 | Article
Recognizing Singapore’s design sector

In recent years, Singapore’s reputation in the design realm has grown exponentially. Three reasons why Singapore may become Asia’s next design capital were highlighted, citing also its abililty to spur innovation as an ecosystem, referring to Solidiance’s The Most Innovative Cities ranking. Damien Duhamel, the CEO at Solidiance confirmed the city-state as the most attractive ecosystem for companies to innovate in Asia Pacific, as it constantly strives for leapfrog improvements and visible changes, on top of Singapore’s thriving economy.

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What are your 2016 Asia growth plans?

December 2015 | News
What are your 2016 Asia growth plans?

Solidiance has captured the Key Trends and Opportunities for 2016 in 10 Asian countries according to what our Partners, Directors and Managers have observed. Despite lowering oil prices and China's economic slowdown, 2015 was a good growth year for most of the markets across the Middle East and Asia where Solidiance operates, and spirits remain proactive for 2016. Market opportunities in Healthcare, Manufacturing, Construction and Industrial equipment sectors are projected to spur significant growth for countries in Indonesia, Myanmar, Malaysia, Philippines, UAE, and Thailand. Some examples are : the Trans-Pacific Partnership (TPP) may open up new markets for Vietnam and Japan ; India's Goods & Services Tax (GST) is much-awaited and would benefit a number of industries ; and rapid growth in the digital economy and transportation will create untapped opportunities among other Asian countries.

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The Role of In Vitro Diagnostics (IVD) in Saudi Arabia's Healthcare System

December 2015 | News
The Role of In Vitro Diagnostics (IVD) in Saudi Arabia's Healthcare System

Saudi Arabia’s healthcare system currently relies heavily on government funding, which accounts for 65% healthcare spending in the country. Healthcare trends in Saudi Arabia's, e.g. demographic shifts, high incidence rates of lifestyle related diseases, growing demand for private healthcare services, and strategic investments made by the government have driven demands for in vitro diagnostic (IVD) devices. Solidiance co-developed the exclusive white paper with Kind Abdulaziz Medical City and Abbott Diagnostics, highlighting the contribution, value and future of in vitro diagnostics in Saudi Arabia’s healthcare system. According to the report, the future looks bright for IVD in Saudi Arabia, however it depends on how fast it can be adopted and implemented in order to benefit the government, healthcare players seeking to improve and invest on the sector, and also the people.

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Indonesia's Green Industrial Estates and Best Practices

December 2015 | News
Myanmar's Emerging Opportunities in Diagnostic Imaging & In Vitro Diagnostics

With the increasing economic growth and demographic changes in Myanmar, expenditure in the healthcare landscape is set to rise exponentially by the growing awareness of regular check-up for early detection of non-communicable diseases. The country is also witnessing rapid growth in healthcare demand which inevitably results in the development of the healthcare system. These shifts are creating emerging opportunities for private healthcare companies, especially in the Diagnostic Imaging (DI) and In-Vitro Diagnostics market. However, demand for better healthcare services are increasing faster than supply, requiring global healthcare players to have a long strategic view of the market. The white paper analyses these trends and provides strategic insights to create a sustainable long term strategy to capitalize on these opportunities.

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Customer Experience Management in Indonesia’s telecommunication sector

November 2015 | Event
Customer Experience Management in Indonesia’s telecommunication sector

Solidiance Indonesia hosted its Exclusive Breakfast Roundtable on the 26th of November 2015 to discuss on Customer Experience Management (CEM) in Indonesia’s telecommunication sector. This by-invitation only discussion was attended by the decision makers of some of the biggest industry players in the market, namely Telkom, Indosat M2, XL, Telin, Smartfren, etc. The well-engaged discussion led to extensive insights on prevailing issues in CEM, current trends, and improvement within a company’s organizational structure towards implementing a better CEM in Indonesia’s Telecom sector.

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Indonesia's Green Industrial Estates and Best Practices

November 2015 | News
Indonesia's Green Industrial Estates and Best Practices

The rising trend of industrial estates in Indonesia coupled with a growing concern for environmental and social awareness have led industrial players in the adoption of green initiatives for their industrial estate. In the white paper, Solidiance mapped all 233 existing industrial estates in Indonesia, analyzes them using international best practices as a benchmark and our own framework that integrates three core pillars – economic, social, and environmental. The end result of assessment is the Best 5 Green Industrial Estates which can act as a guidelines for existing and new industrial players in shifting their business approach into a sustainable system. Although Indonesia’s industrial estates are still at a nascent stage, promising opportunities are visible in the marketplace.

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 Singapore’s secret to its success

October 2015 | Tv coverage
Singapore’s secret to its success

Singapore continues to experience significant economic rise. The city-state stands out for having built a promising ecosystem and proves to be an innovation hub which attracts investors from around the world. In this video, Damien Duhamel, the CEO and Managing Partner at Solidiance, was featured by France 2 TV channel as a French man doing business in Singapore - where Solidiance HQ is located. Being a globetrotter businessman who flies across countries in a regular basis, he keeps himself up-to-date on Asia's economy, including Singapore. News is always good in Singapore as businesses continue to grow and develop in the country, especially in the construction sector with the 4% growth this year. This video is in French language. Please skip the video to minute 2:50.

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 Harnessing the hype: Will Indonesia and Myanmar be the next China wave?

October 2015 | Event
Harnessing the hype: Will Indonesia and Myanmar be the next China wave?

Solidiance China hosted its breakfast roundtable on the 27th of October 2015 to discuss the possible untapped opportunities in Myanmar and Indonesia’s manufacturing sector as China’s next wave. As ASEAN gains importance on the global map, countries such as Indonesia and Myanmar, which offer access to abundant low cost labour, strategically placed logistics hubs, improving infrastructure and investment environment, as well as increasing consumer base, are already seeing a rise in manufacturing FDI. The discussion Andrew Lee (Country Manager – Myanmar, at General Electric) as the Panelist, and moderated by Pilar Dieter, Partner (Greater China) at Solidiance.

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Heathcare in Myanmar deemed untrusted by its patients

October 2015 | Article
Heathcare in Myanmar deemed untrusted by its patients

The legacy of war between 2 ethnic groups (Rohingya and the Rakhine), and a rising threat of drug-resistant infectious diseases in Rohingya refugee camps pose a serious challenge for Myanmar as it prepares for a historic election on November 8. Infectious diseases such as tuberculosis, TB, malaria, and HIV are the major threat, fueled by staff shortage and the drug supply chain. Naithy Cyriac, Senior Consultant at Solidiance in Yangon, Myanmar, gives an overview of the current state of Myanmar’s pharmaceutical industry, including Burmese patients’ healthcare spent of US$150 million in 2012 for treatment in Thailand, Malaysia and Singapore due to trust issue in the local hospitals.

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Global chemicals market to grow to 5.1 trillion by 2020

October 2015 | Article
Global chemicals market to grow to 5.1 trillion by 2020

The world’s chemical industry is expected to grow from $4.1 trillion in 2013 to $5.1 trillion by 2020, according to a white paper conducted by Solidiance, titled "The New Chemical Era in China". The white paper explores how the slowdown in the Chinese economy may come to affect the chemical market in the country and globally - and the findings show that China remains to be the main driver of the global chemical industry growth, accounting for 25% in CAGR from 2003 – 2013, being the highest among the rest of the world. As a result, the Chinese market is expected to be worth an estimated $2 trillion by 2020. According to Solidiance, a number of key drivers will continue to spur development in the Chinese chemicals industry. The drivers defined here are from the automotive, energy, construction, and electrical & electronics sectors.

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Chemical firms must search for amore solid future

October 2015 | Article
Chemical firms must search for amore solid future

Over-capacity issue arises in China's chemical industry e.g. endless regulations, safety issues and the impending quest for clean energy and intelligent manufacturing. In this article, Solidiance's Manager for China operation, Andreuw Gunawan, explains how chemical firms should move away from commodity products to more added-value products that offer more competitive product offerings, to gain better profitability - which is in line with the recent findings by the company, titled "The New Chemical Era in China". The study explores the government’s focus on boosting self-sufficiency in chemical materials that has helped local firms gain regulatory and subsidy support as to move up the value chain. An apparent shift towards specialty chemicals will need to be accommodated in which Chinese chemical firms must upgrade their research and development capabilities.

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The New Chemical Era in China

October 2015 | News
Malaysia’s automation sector - pursuit of opportunities and shift of industrial investment

The market for Malaysia’s industrial automation vendors seem to have fallen into a state of idle uncertainty in which they will need to re-orientate and adapt in the market. Oil & gas, electronics and the automotive industries are facing rising costs and increased competition from neighboring markets. Albeit high investments in 2014, the focus is now leaning towards chemicals and refinement of petroleum. In the white paper, Solidiance screened 198 automation vendors in Malaysia with 10 in-depth interviews on the business outlook and future industrial opportunities. The survey showed that firms radically turn away from manufacturing sectors such as oil & gas, and instead see the future in processing industries, e.g. chemicals and food processing.

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The New Chemical Era in China

September 2015 | News
The New Chemical Era in China

China's chemical market is the world's largest which currently faces production overcapacity, slow growth of local demand, and high competition intensity. In the white paper, Solidiance addresses the questions on how to grow and maintain market position as many emerging competitors are moving up to the value chain through product upgrade, continuous innovation, and business expansion. The answer is “The New Chemical Era in China” which will come up as the phenomenon resulting from the ability of different chemical companies to create their market identities to gain competitiveness. This phenomenon is expected to gradually open new opportunities in development of different industry sectors, such as automotive, energy, construction, as well as electrical & electronic (E&E).

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Myanmar automotive aftermarket undergoing impressive growth

September 2015 | Article
Myanmar automotive aftermarket undergoing impressive growth

Myanmar's automotive aftermarket is undergoing an impressive growth phase following the ease of car import regulations after decades of restrictions, as reported by a website from consultancy.uk which quoted Solidiance’s market study titled “The Rise of Myanmar’s Automotive Aftermarket”. While cars remain out of reach for the majority of the population due to high cost and import tax, those who can afford a car often choose imported and second-hand vehicles due to lower cost, good quality, and spare parts. Hence Myanmar still relies mainly on motorcycles (accounting for 85 percent of total vehicles) for transportation.

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Harnessing the Manufacturing Hype in Myanmar

September 2015 | Article
Harnessing the Manufacturing Hype in Myanmar

Myanmar's manufacturing sector reaps many interests and is deemed lucrative due to trade and investment liberalisation, access to a large domestic and regional market as well as abundant low cost labour - but the question emerges : can Myanmar be the next Manufacturing Hub like China? The government is actively moving forward to increase share of industrials in the overall economy and boost exports to narrow trade deficit. In this article, Naithy Cyriac, Solidiance's head of operation in Myanmar explains that however, infrastructure remains a key challenge and the government is now depending on the development of industrial zones and special economic zones (SEZ) across Myanmar with attractive tax benefits aiming to lure investments and dispel the hype.

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Strong Growth for Myanmar's Automotive Aftermarket

September 2015 | Article
Strong Growth for Myanmar's Automotive Aftermarket

According to Solidiance's white paper on Myanmar's Automotive Aftermarket, the sector is undergoing an impressive growth phase following the ease of car import regulations after decades of restrictions. Demands for spare parts and after sales services are on the rise as car circulation is dominated by secondhand units, with more than 20 Asian brands ruling the automotive aftermarket. Myanmar’s automotive sector is expected to grow at 7.8% through 2019, driven by an emerging economy, expanding infrastructure, less stringent regulations, and rising income levels. The automotive aftermarket segment is also set for strong growth, with the future for automotive spare parts looking bright with a projected market size of $80 million by 2017.

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Myanmar's Automotive Aftermarket is set to grow

September 2015 | Article
Myanmar's Automotive Aftermarket is set to grow

Myanmar’s automotive aftermarket is set to continue growing, with a projected market price at 80 million USD by 2017, according to Solidiance's white paper. The country’s automotive industry has grown more than double since 2009, with a sharp increase in 2012 when car import policies have been drastically loosened. The local market remains to prefer second-hand units over brand new vehicles because of major differences in costs and import tax. Extreme climate and poor road conditions wearing out automotive parts easily accelerate the demand on spare parts, hence the bright outlook for the automotive aftermarket growth in Myanmar.

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Myanmar, the Next Manufacturing Hub (with focus on Special Economic Zones)

August 2015 | News
Myanmar, the Next Manufacturing Hub (with focus on Special Economic Zones)

Solidiance's latest white paper explores the untapped, lucrative opportunities in Myanmar's manufacturing sector. Following the trade and investment liberalization, access to a large domestic market, as well as abundant low cost labor in Myanmar make the country attractive from a manufacturing perspective. The government is moving forward to increase share of industrials in the overall economy and boost exports to narrow the trade deficit as part of its 5 year plan. However, Solidiance has observed that infrastructure remains a key challenge and the government is now depending on the development of industrial and special economic zones (SEZ), with Thilawa SEZ being heralded to strengthen Myanmar’s position as a manufacturing hub, offering access to an estimated 2.3 billion consumers across the region.

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Singapore in the year 50: a region leader, still

August 2015 | Article
Singapore in the year 50: a region leader, still

From a sleepy backwater in Southeast Asia with no natural resources, Singapore is now a thriving modern metropolis and one of the world's most dynamic economies, thanks to one man’s vision, Lee Kuan Yew. However, questions arise upon his passing, such as can the economic momentum be maintained, and what will be the challenges going forward. Referring to Solidiance's study in 2013 which ranked Singapore as the most innovative city in Asia Pacific, Damien Duhamel, the CEO of the firm states that the city-state’s innovation capacity has enabled it to rebound faster from crisis and reinvent itself quicker than any other Asian city. Singapore’s future rests in its ability to think ahead - it will have to go niche where innovation, research and development, human talent, creativity and IP (intellectual property) make all the difference.

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Vietnam’s Power Sector: Opening the Way towards a Greener Future?

July 2015 | News
Vietnam’s Power Sector: Opening the Way towards a Greener Future?

Vietnam has one of the world’s fastest GDP growth rates over the past decade, as well as one of the fastest growth rates in power consumption. According to Solidiance's latest white paper on Vietnam's Power Sector, the growth of power consumption in the country is driven mainly by industry and households, accounting for ~90% of total consumption. Vietnam’s power production has more than doubled in 10 years, but with little improvement in overall system efficiency and has not mirrored the growth in demand. Hydropower currently accounts for the largest share of power generation but is approaching its maximum utilization – and the government sees coal and gas as main energy sources of the future. The increasing cost of electricity will eventually drive energy efficient technology implementation in Vietnam, with the rise of green building adoption.

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The history and future of Solidiance

July 2015 | Article
The history and future of Solidiance

Damien Duhamel, the Managing Partner and CEO of Solidiance, shared with Consultant-news.com exclusively about how the business formed and grew. Damien shared the type of clients Solidiance works with, their sectoral focus, as well as growth which explains how the company has grown from two staff and one office to 100 full time staff in ten Asian offices today. The firm is technically the largest independent corporate strategy consulting firm focused on Asia at the moment, and it is still rapidly growing with future plan to expand across Asia at a controlled pace. According to clients' testimonials, Solidiance has been acknowledged to be able to listen, show flexibility, provide a fresh perspective, and help them to cut through the fog.

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Abu Dhabi financial zone: zero-tax environment for 50 years

July 2015 | Article
Abu Dhabi financial zone: zero-tax environment for 50 years

Abu Dhabi Global Market (ADGM), a financial free zone, has issued draft financial services rules, which includes the financial services and markets regulations and its accompanying rules, in addition to the limited liability partnership regulations, for open market consultation. Erika Welch, the Business Development Director at Solidiance considers this stakeholder engagement approach smart, as the public consultation period will provide ADGM’s future clients and stakeholder’s direct access to the draft regulatory framework and an opportunity to voice concerns, but most importantly, desires. It is believed that ADGM will help to create healthy competition for the DIFC Financial Free Zone - which will help to strengthen the country’s strategic efforts to diversify its economy.

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Myanmar’s Accelerating Automotive Aftermarket Growth

July 2015 | Article
Myanmar’s Accelerating Automotive Aftermarket Growth

Solidiance explores the increasing opportunities and growth in the automotive aftermarket industry, based on its white paper titled “The Rise of Myanmar’s Automotive Aftermarket”. Myanmar's automotive aftermarket is undergoing an impressive growth phase following the ease of car import regulations after decades of restrictions. Demands for spare parts and after sales services are on the rise as the car circulation is dominated by second-hand units, with more than 20 Asian brands ruling the automotive aftermarket. As stated in the white paper, this dominance of second-hand vehicles eventually leads to greater demand for spare parts and services. The country’s automotive aftermarket is therefore set for strong growth, tied to increase in vehicle numbers, income per capita, and credit access.

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The Future of Thailand’s Healthcare Industry in Tier 2 Cities

June 2015 | Article
The Future of Thailand’s Healthcare Industry in Tier 2 Cities

Thailand is among the Southeast Asian countries with advanced economic development and healthcare infrastructures. However, according to the white paper by Solidiance, outside of Bangkok, the Tier 2 cities in Thailand are significantly expanding with the growth of the middle class, as well as private and public sectors. These cities generally serve as regional hubs and possess common characteristics of being highly urbanized compared to other provinces in the same region. Thailand has also become an attractive destination for medical tourism in the region, driven by its comparative advantage in price of medical services compared to developed countries. Additionally, Thailand is approaching aging society, as the number of senior citizen is expected to reach 20% of the overall citizen by 2025 - which would push the pressure on medical care for non-communicable diseases in the future.

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Vietnam, the Next Manufacturing Powerhouse?

June 2015 | Article
Vietnam, the Next Manufacturing Powerhouse?

Michael Sieburg, the Associate Partner at Solidiance was exclusively interviewed on Vietnam's potential to be a new manufacturing powerhouse. Vietnam has long been a strong base for the garment and footwear industries but over the past five years the leading manufacturing export has shifted from textiles and footwear to electronics, especially mobile phones. According to Michael, the drivers behind the investments include Vietnam's advantages in relatively low labor costs, low if rising electricity tariffs, and varying degrees of incentives, and also rapidly improving transport infrastructure. Vietnam remains attractive to (relatively) labor-intensive, low-cost manufacturing in garments and footwear, but less so in the traditional manufacturing hubs in and around Hanoi and Ho Chi Minh City.

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Emerging Opportunities in Vietnam's Healthcare Landscape - Beyond Hanoi & Ho Chi Minh City

May 2015 | Article
Emerging Opportunities in Vietnam's Healthcare Landscape - Beyond Hanoi & Ho Chi Minh City

Solidiance's latest white paper analyses the overview of Vietnam's healthcare system and its current trends, along with the opportunities it pose for private sector. Vietnam’s economic growth and demographic changes in the past are driving demands & developments for healthcare services - not only in Hanoi & Ho Chi Minh City (HCMC), but also in Tier 2 cities and provinces. Public, provincial-level hospitals funded by the central and provincial governments are undergoing upgrades in their facilities, including new departments opening for specialty treatment. Such development creates new opportunities for medical devices and pharmaceutical in the provinces. Limitations to the public healthcare system, especially in terms of their financial capacity, also open the door to private healthcare providers.

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Asia’s rapidly aging population and its socio-economic impacts

May 2015 | Article
Asia’s rapidly aging population and its socio-economic impacts

Asia is on track to become the oldest region in the world with many governments unprepared for the unprecedented demographic shift and new opportunities have risen in the business of aging. According to Pilar Dieter, Partner at Solidiance, China has been quick to react to the needs of its aging population as the government has realized “huge gaps” in services for the elderly. China’s aging industry is said to be worth 70 billion yuan, incorporating pharmaceutical and medical devices, senior care facilities, real estate development, healthcare, tourism and e-commerce. Aging population has also produced a number of opportunities well beyond the obvious healthcare providers. For example, real estate developers will have opportunity to design and develop retirement villages, in which Chinese have shown a great deal of interest.

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The role of France and French companies in Singapore

May 2015 | Radio coverage
The role of France and French companies in Singapore

00:00/02:23

On May 18th 2015, Singapore's President Tony Tan arrives in Paris for state visit. Damien Duhamel, CEO at Solidiance, a leading corporate advisory firm in Asia, is interviewed by Radio Classique on the role of France and French companies in Singapore. This is in French. En Francais.

Second-tier cities account for growing share of Thailand's healthcare market

April 2015 | Article
Second-tier cities account for growing share of Thailand's healthcare market

No longer is the Thai healthcare market limited to large populous cities like Bangkok. Tier-2 cities in Thailand, like Hat Yai, Udon Thani, Nakhon Ratchasima, Chiang Mai and Khon Kaen, are increasingly expanding with the growth of the private and public sectors. As these cities continue to urbanise, citizens with better income and education are now willing to pay for better healthcare services. The rapid change of the market allows for healthcare companies to better understand healthcare business opportunities in the tier-2 cities. This article summarizes Solidiance’s white paper titled "Future of Thailand's Healthcare Industry in Tier 2 Cities", which outlines the main healthcare trends, along with the impacts the Asean Economic Community (AEC) has on tier-2 cities in Thailand.

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Analysis of future of Thailand's healthcare

April 2015 | Article
Analysis of future of Thailand's healthcare

It is a tale of Tier 2 cities for healthcare in Thailand - according to Solidiance’s latest white paper. While attention has been on Bangkok, thanks both to the social and economic attention it attracts, Tier 2 cities outside the capital have been expanding. As they become more urbanised, the population demands better healthcare services. Demand for healthcare services is also expected to grow in Thailand as an aging population will increase the demand for both medical treatment and care. Citing to Solidiance’s white paper, the “Future of Thailand’s Healthcare Industry in Tier 2 Cities”, urbanisation boosts purchasing of local people, and the development of these Tier 2 cities will help them become a destination for medical tourism. Over the next few years, healthcare investment opportunities in Thailand are going to increase.

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The healthcare gap between Bangkok and tier-two cities in Thailand

April 2015 | Article
The healthcare gap between Bangkok and tier-two cities in Thailand

Bangkok is one of ASEAN’s major cities in terms of economic development and healthcare infrastructure - however, there has been an improper dispersion of healthcare development in Thailand which results in a gap between Bangkok and the Thailand’s tier-two cities. One of the major causes behind this is the lack of higher-income prospects in tier-two cities, which ultimately discourage healthcare investments from the private sector. According to Solidiance, the public sector contributes over 99% of total healthcare spending in Thailand and at this point, it becomes clear that the key to improving the healthcare industry in Thailand’s second tier cities lies in improving household incomes since, as mentioned earlier, the abundance of low-income prospective patients is what drives away private investment in the first place.

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Myanmar's Logistics Industry to Grow due to Trade Boom & Better Connectivity

February 2015 | Article
Myanmar's Logistics Industry to Grow due to Trade Boom & Better Connectivity

The significant development Myanmar's logistics industry in the past few years has been spurred by increasing trade flow, better connectivity and the influx of big international players. Sea trade has played a vital role behind this, handling approximately 70% of the total trade, while approximately 20% of the trade is handled via border trade with air freight and railroad trade accounting for the rest. Growth is likely to be more tangible in the sea and road trade segments due to recent developments of deep sea ports, relaxation of trading regulations and the ongoing AEC 2015. However, the concerns that remain with regards to Myanmar's underdeveloped infrastructure still give hope at the end of the tunnel, as the government is increasing infrastructure funding to better facilitate the likely increasing demands of logistics services.

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The Future of Thailand's Healthcare Industry in Tier 2 Cities

February 2015 | News
The Future of Thailand's Healthcare Industry in Tier 2 Cities

Thailand is one of the Southeast Asian countries with the most advanced economic development and healthcare infrastructure. Bangkok no longer equates to the sole Thai healthcare market. Tier Two cities in Thailand like Hat Yai, Udon Thani, Nakhon Ratchasima, Chiang Mai, Khon Kaen, are increasingly expanding with the growth of private and public sectors. As these cities have been urbanized, their population has grown more affluent and accustomed to better living standards. Healthcare services are among the many services that those in these cities with better income and education are now willing to pay for. Given the rapid change of this market, it is crucial for healthcare companies to better understand healthcare business opportunities in the tier two Thailand cities.

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Entrepreneur on Doing Business in Singapore: Damien Duhamel, CEO at Solidiance

January 2015 | Article
Entrepreneur on Doing Business in Singapore: Damien Duhamel, CEO at Solidiance

In this exclusive interview with Focus Magazine in Singapore, Damien Duhamel, the CEO and Managing Partner at Solidiance shares his experiences in establishing and doing business in Singapore. Solidiance was born in Singapore and self-funded. Yet, according to Damien, the key issue was less on cash-flow but on finding the right human talent to complement the firm's fast Asian growth. Solidiance opened new offices across different Asian countries almost every year by thriving over countless difficult challenges and being the only Asia-focused management consulting firm. Damien thinks that ultimately, an entrepreneur needs to be fast and resourceful, needs to have a clear vision of targeted goals and needs to anticipate market's needs.

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Automation Firms Rush to Invest in Chinese Factories

January 2015 | News
Automation Firms Rush to Invest in Chinese Factories

China is currently undergoing automation revolution and overtaking Japan as the world’s largest market for industrial robots, accounting for 20 per cent of global supply. According to Pilar Dieter, the Partner at Solidiance who heads up their Greater China operation, global automation companies are now racing to invest as robots march into Chinese factories. The demands are primarily driven by the car sector, which accounts for 40 - 50% of robot demand in China. However, the big race is now occurring in the electronics sector. Robotics has the limitation of requiring intensive change-out to adapt to a new product model or production line scenario, and once the robotics manufacturer can solve this dilemma, they will certainly hold a coveted position in the market.

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Automotive: A New Booming Sector in Myanmar?

December 2014 | News
Automotive: A New Booming Sector in Myanmar?

Myanmar automotive market outlook is positive mainly due to the loosening of regulations, growing industry and investments from global players. However, as projected by Solidiance, high-end vehicles and related products will not be growing anytime soon and will remain a small market compared to the other ASEAN countries. Used vehicles and entry-level level cars will remain the majority of the market. Players of after sales products like auto parts and lubricants are still playing on pricing and promotions. Further to this potential growth of auto industry, the related products like lubricant have drawn high attention from global brands, resulting in the increased number of up to more than 200 lubricant brands registered in the market. It is expected that the real boom of auto industry will take place in the next 10 years.

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Innovation is Singapore's key success factor

October 2014 | Article
Innovation is Singapore's key success factor

Singapore has been ranked as one of the most innovative cities in Asia Pacific, according to a survey done by Solidiance. The city-state offers a vibrantly diverse center for innovation, with strong footholds in manufacturing, medical technology, energy, IT, sustainable resource development, as well as international culture and art sectors. Damien Duhamel, Solidiance's Managing Director, remarks that innovation has been the key to Singapore's success. Singapore realized that development requires focus on high-value-added, technology-intensive industries. Hence their investment in educated workforce and its becoming as the regional center for R&D in diverse areas e.g. petrochemicals, biotechnology, aviation and nanotechnology.

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Japanese vehicle maker, Toyota, leads in Myanmar automobile market

October 2014 | News
Japanese vehicle maker, Toyota, leads in Myanmar automobile market

Toyota continues dominating Myanmar’s automobile market sales with a 53 percent, outsmarting Korean and Western automobile brands. According to a white paper released by Solidiance on 'Winning Myanmar's Automotive Lubricant Market', Japanese brands are more preferred due to products' durability perceived by the market, which take up to 80 percent of the total car market in the country. Additionally, easy access to this Japanese brand's spare parts also counts as another perk considered by the customers in their vehicle purchasing decision.

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The Rise of Myanmar's Auto Lubricant Market

October 2014 | News
The Rise of Myanmar's Auto Lubricant Market

A number of significant changes have occurred in Myanmar's automotive lubricant market within the last three years with the rise of mid-end segment being one of the key highlights, as revealed in Solidiance's white paper titled "Winning Myanmar's Automotive Lubricant Market". The shifting atmosphere in this considerably lucrative market was partly triggered by the end of international sanction against Myanmar which relaxed import procedures for vehicles, leading to increase of auto lube demands. However, customers remain lacking of knowledge on lubes and their purchase is highly affected by sales incentives/promotions.

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More companies eye on Singapore as Hong Kong grows more unstable

September 2014 | Article
More companies eye on Singapore as Hong Kong grows more unstable

China's decision on to limit free elections on the island has spurred greater unrest in Hong Kong as locals resist the policy. Despite being the global financial center and business gateway to China, Hong Kong is considered to be less preferred by many companies due to its growing instability. On the other hand, more firms are eyeing on Singapore with increasing trust growing towards this city-state to expand their outlook to the broader Pan-Asian market. According to Damien Duhamel, the CEO of Solidiance, as Hong Kong strengthens its connection to the economic powerhouse of mainland China, the island is likely to benefit in some way from the relationship. Hong Kong is not likely to become more Chinese as an (obstacle) to its future growth. Singapore has yet to succeed in China.

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Singapore attracts MNCs from Hong Kong / China for business

September 2014 | News
Singapore attracts MNCs from Hong Kong / China for business

Multinational firms in Hong Kong starts to eye on Singapore to do business as political instability is building up in Hong Kong. Although its pressure to conform with Beijing's wishes does not necessarily affect Hong Kong's status as a financial center, the unease over the political situation has been at the back of people's minds. Several big companies have even moved their regional headquarters to Singapore from China recently, signifying a shift in market strategy. However, Hong Kong was one of the cities regarded as the most innovative in Asia Pacific according to Solidiance's analysis, and the firm's CEO, Damien Duhamel, remarks that as Hong Kong strengthens its connection to the economic powerhouse of mainland China, the island is likely to benefit in some way from the relationship. It is unlikely that Hong Kong is becoming more Chinese as an obstacle to its future growth.

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Winning Myanmar's Automotive Lubricant Market

September 2014 | News
Winning Myanmar's Automotive Lubricant Market

The automotive lubricant market in Myanmar has recorded significant changes within the last 3 years, with the emergence of a mid-end and a nascent higher-end segments. Main drivers for these changes are the end of international sanctions against Myanmar and regulatory change in car importation which positively affected car imports. Although there are more products available, customers’ knowledge about lubricants and its benefits for their engine remain limited. In the white paper, Solidiance focuses on the lubricant market in Myanmar’s automotive sector to deep dive in the industry by looking at consumption level, current and future trends, value chain structure, product segmentation and competition intensity.

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Renewable Energy Potential to Replace Oil and Gas Resources in Indonesia

September 2014 | TV coverage
Renewable Energy Potential to Replace Oil and Gas Resources in Indonesia

Bloomberg Indonesia features Solidiance's white paper on "Industrial Automation in Indonesia's Oil, Gas, and Mining Sectors". The TV segment further explains Solidiance's assessment on how the country's renewable energy is expected to replace oil and gas in the long term. As mandated under current regulations, mining industry players are now required to build smelters for domestic mineral development in the country. A blessing or a curse ? (Video is in Bahasa Indonesia)

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Industrial Automation in Indonesia: a Step ahead in the Oil, Gas and Mining Sectors

August 2014 | News
Industrial Automation in Indonesia: a Step ahead in the Oil, Gas and Mining Sectors

Indonesia’s surging oil and gas consumption has been outpacing domestic output, creating a major supply deficit issue that needs to be tackled urgently. The oil production value decreases every year whilst the growth of gas output is not sufficient to replace oil as a primary energy source. To top it off, coal which was predicted to play a greater role has begun to experience problems due under the given regulations. In the white paper, Solidiance evaluates the oil, gas and mining markets conditions in Indonesia, analyze its most current and prominent trends, as well as providing a clear picture of benefits and opportunities available on the development of automation technologies in relevant sectors.

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China becomes the largest buyer of industrial robots

June 2014 | Tv coverage
Indonesia's Mining Sector under Impacts of Presidential Election 2014

BBC interviews Damien Duhamel, the Managing Partner of Solidiance, to discuss about the Indonesia's presidential elections circa 2014 and the potential impact on the Indonesian mining industry. Both presidential candidates aim to push domestic development of Indonesia's mineral and energy resources, which is believed to bring more stability in the sector. Damien further explains that the industry players are to be required to build smelters for their domestic mining development as stated in the latest regulation. Challenges ensued as the power plant would require access to the chemicals and human capital, meanwhile the opportunities rose for the potential investment in the mining automation.

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China becomes the largest buyer of industrial robots

June 2014 | Article
China becomes the largest buyer of industrial robots

China has become the largest buyer of industrial robots, contributing for 20% of global sales in 2013 (an increase of almost 60% in robot purchase against 2012), outperforming Japan for the first time in the attempt to drive productivity gains. According to Solidiance's research and analysis, the rise of demand is driven mainly (approximately 60%) by large multinational manufacturers in auto industry. However, Solidiance's Partner, Pilar Dieter remarks that Japanese corporations are dominating the current robot manufacturing in China with estimatedly six of them accounting half of robot sales in the country.

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Chinese manufacturers stay adept in response to sector upgrade

May 2014 | Article
India to focus on manufacturing and infrastructure sector for economy revival

India puts a high hope for the economy revival in light of inauguration of their new prime minister. Experts believe that there needs to be a heavy focus shifted to infrastructure and manufacturing sector by attracting more investment, as it will help generate significant number of employment in the country severely needed by many. However, although the revival formulas are omnipresent, industry experts including Solidiance's Partner, Heiko Bugs, have struck a note of caution which warns the necessity of "being patient" as the wild, overly rapid swings do not translate as a good sign.

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Chinese manufacturers stay adept in response to sector upgrade

April 2014 | Article
Chinese manufacturers stay adept in response to sector upgrade

The increasingly challenging environment in China for foreign companies is now become perceptible. Costs in the manufacturing sector are now rising, talent is harder to find and retain, and streamlining operations and improving productivity will count for a lot more than simply having better quality products. Besides a now-mature middle market and local competition, many industries are facing major overcapacity, topped off by aggressive government policies limiting foreign competition. Solidiance explores the impact of these in their “Chinese Manufacturing 2.0: Threats Ahead" white paper, inclusive of 16 case studies of evolving local manufacturers.

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ADB offers supply-chain financing for Asian SMEs

April 2014 | Article
ADB offers supply-chain financing for Asian SMEs

The Asian Development Bank will launch a new trade support initiative later in 2014 in collaboration with leading international banks to offer supply-chain financing to SMEs. Damien Duhamel, the Managing Partner at Solidiance, states that we are just at the beginning of the intra-ASEAN trade boom; and while the supply-chain finance and receivable financing solutions have seen a significant uptake in recent years in Asia, the terminologies used, regulatory and legal requirements are not yet standardised. ADB therefore offered solutions including reverse factoring, whereby banks can use the credit rating of a large buyer to provide financing to a number of its smaller suppliers.

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Chinese Manufacturing 2.0 : Threats Ahead

March 2014 | Article
China's manufacturing : the locals now compete with the MNCs it used to work for

Based on Solidiance's latest white paper entitled "Chinese Manufacturing 2.0 : Threats Ahead", this article outlines how China - although remains the world’s manufacturing powerhouse - is now facing the change in the nature of what the country’s factories produce. Rising labor costs and a growing consumer market at home are pushing more Chinese firms up the value chain - with hefty government support - and out from under the shadow of the multinationals firms they’ve worked with for decades. With attractive charts pulled out of the white paper, the article straightforwardly shows the upgrade of the industry and the implications it brings to both global and local marketplace.

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Chinese Manufacturing 2.0 : Threats Ahead

March 2014 | News
Chinese Manufacturing 2.0 : Threats Ahead

Solidiance releases a new white paper on the New Era of Manufacturing in China -- it it is currently undergoing changes and and moving up to the value chain, particularly focusing on innovation and distribution. The paper further explains that the Chinese manufacturers have now taken off their 'low-margin, volume-driven business' label and stepped up into a high-margin high-value environment by upgrading downstream and upstream to foster competitive advantage.

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Vietnam : growing interest towards sustainable design

February 2014 | Article
Vietnam : growing interest towards sustainable design

With 40 (and counting) buildings in Vietnam having gained LOTUS (local green building certification), the increasing traction towards sustainable design is getting perceptible. However, citing Solidiance's white paper entitled "Is There a Future for Vietnam's Green Building?", urban sustainability across Vietnam is still restricted by cost sensitivities, low electricity prices, short term thinking and a limited supply of skilled employees with green building awareness. More incentives such as tax exemptions, low rent for developers with interest in green buildings, and increase of electricity costs, are therefore suggested to spur significant reduction of power consumption in Vietnam.

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Thailand set to be GMS logistics hub under AEC 2015

February 2014 | Article
Thailand set to be GMS logistics hub under AEC 2015

The Asian Economic Community (AEC) in 2015 is expected to strengthen Thailand's position as a key transport hub for the Greater Mekong Subregion (GMS), as explained in Solidiance's white paper entitled "Thailand's Logistic Opportunities in the Cross-Border Trades and AEC Development". The liberalisation of logistics sector under AEC will benefit Thai and other ASEAN investors, and it is expectedly to attract more foreign logistics companies as well. Small logistics firms are therefore advised either to become outsourced business units of global companies or consolidate among themselves to form a larger network.

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Hybrid electric vehicles: a stop-gap measure in China's green car market

January 2014 | Article
Hybrid electric vehicles: a stop-gap measure in China's green car market

China's aggressive attempts in urging the automotive industry - their biggest pollution emitter - to improve energy efficiency have repeatedly proven to be too ambitious, as shown by lower-than-expected number of electric vehicles sales and adoption rates in the country. Citing Solidiance's white paper called “EV In China - Moving Forward but not as fast as expected“ , Hybrid Electric Vehicles (HEVs) would act as an intermediate step between meeting the demands of today’s consumers and the Chinese governments’ goals of eliminating air pollution, as well as streamlining electric vehicle production for future BEVs (Battery Electric Vehicles).

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Green Factories are Slowly Disseminating across Asia

January 2014 | Article
Green Factories are Slowly Disseminating across Asia

Western multinational companies along with some of their Asian suppliers have started to build more environmentally friendly factories in developing countries over the last five years, experts say. Although estimating the actual number of saved energy in green factories is admittedly quite difficult, the certification trend is potentially significant in Asia. It is believed that the next competition would be of corporate environmental standards or policies, as stated by Solidiance's Managing Partner Asia Pacific, Damien Duhamel in this article.

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French who made it in Singapore: Damien Duhamel, providing advocacy to leading industries

December 2013 | Article
French who made it in Singapore: Damien Duhamel, providing advocacy to leading industries

Damien Duhamel shares his experience in doing business in Singapore. Starting off being among the first in 1990 who started a business in Vietnam, Damien prowess on Asia business is based on his long-spanned experience in this region. Damien has now expanded to pinning down Singapore and says that the consulting business is competitive in this country. The company, Solidiance, has significantly grown since the commencement of its business; but not without struggles. Damien admits his concern on immigration restrictions recently imposed by the city-state, necessitating him to employ and train Singaporeans, creating a new level of talent race and recruitment challenges.

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A Peek into Vietnam’s Green Building Adoption

December 2013 | Article
A Peek into Vietnam’s Green Building Adoption

Vietnam is now experiencing early stage of green buildings sector due to cost sensitivities, low electricity prices, and underdeveloped regulatory framework. The number of green building adoption in the country is concentrated in the industrial sector, mainly driven by the CSR or image branding. Based on Solidiance's white paper titled "Is There a Future in Vietnam?", this article captures and republishes some of its content to provide a snapshot namely of the existing overview, key drivers, challenges, and opportunities in the green building sector.

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Thailand's Green Building Goals: Aspirations VS Realities

December 2013 | News
Thailand's Green Building Goals: Aspirations VS Realities

Solidiance released a white paper highlighting the green building industry in Thailand. According to the paper, despite the rapid growth of green building in Thailand since 2007, the sector encounters some challenges hindering the green building growth including cost-benefit consideration, lack of regulation consistency and technical skill, as well as limited awareness of economic and health benefits. This white paper then further elaborates the future projection and actionable strategies needed to boost the development of green building in Thailand.

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Fixing Indonesia’s Public Transport Issues

November 2013 | Article
Fixing Indonesia’s Public Transport Issues

Indonesia's public transportation issues are present not only limited to the large cities, but it also involve many intra-city transportation hubs and island transportation systems. Automotive industry is eventually benefited as the poor publict transport system spurs private vehicle sales. The whole issue is rooted in several main factors which include infrastructure, government support and regulatory framework, public behavior, as well as business ecosystems. In this article, Solidiance accordingly addresses the actionable suggestions and solutions to tackle the existing problems.

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India: Comparative analysis with Japan in its developing process

November 2013 | Article
India: Comparative analysis with Japan in its developing process

India has been getting attention from all over the world since Goldman Sachs introduced "BRICS" to represent upcoming emerging countries 10 years ago. However, due to lagging infrastructure development, complicated rule & regulation in FDI etc, its potential has not yet fully demonstrated to capture commercial success. Aki Nakamura, Solidiance's Head of Japan Desk, compares Project Shakti from India to the Yakult Lady in sales channel strategy from Japan as an example in the similar development stage, as for a useful tip in successful entry into India.

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Electric Vehicle in China : Is the Market Ready for a Boom?

November 2013 | News
Electric Vehicle in China : Is the Market Ready for a Boom?

Being the largest manufacturing center in the world, China's industry contributes to over 50% of total energy demand, and transport sector is even expected to grow at a faster rate with a significant increase of auto vehicles sales. The government has set ambitious goals and put aggressive efforts for electric vehicles, but the adoption rate is significantly lower than initially expected. This white paper explains the main hindrances of green vehicle adoption in China, and how the HEV (Hybrid Electric Vehicle) and PHEV (Plug-in Hybrid Electric Vehicle) have been chosen by OEMs as a bridge to achieving BEV (Battery Electric Vehicle) in the country.

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Green Building in Vietnam Creates Opportunities for Building Materials Solution Providers

September 2013 | Article
Green Building in Vietnam Creates Opportunities for Building Materials Solution Providers

Whilst rapid urbanisation in Vietnam results in the need of infrastructure development and increased demand for housing, the country also encounters environmental pressures which entail sustainability solutions in many aspects. However, a shift to sustainable materials in the thriving construction industry creates an excellent opportunity not only for domestic companies which already took advantage of access to local resources, but also for global building material suppliers with more advanced skills and technology to provide more sophisticated solutions.

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Companies Can Drive Change in Vietnam’s Green Building Development

September 2013 | Article
Companies Can Drive Change in Vietnam’s Green Building Development

As Vietnam is projected to grow more energy deficient in the coming future and exacerbated by the existing deprivation of required resources, the government and special interest groups push for sustainable development through green buildings. However, supports from the private sectors are pivotal to drive the necessary changes in the industry. Whilst the provision of sustainable solutions by the local green building materials suppliers help the industry develop, the opportunities are also available for the multinational firms to offer more advanced technologies and skills to the market.

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Myanmar: Untapped new frontier - increasing expectation and market reality

September 2013 | Article
Myanmar: Untapped new frontier - increasing expectation and market reality

Myanmar is getting more attention than ever as a last frontier in Asia. Corporations from all over the world increases expectation toward return on their future investment. Yet aside from Macro environment, do they have good understanding on this market? Aki Nakamura, Solidiance's Head of Japan Desk, analyses Myanmar's reality and share insights for Japanese MNCs for their market entry.

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Selling Online: Myanmar's Emerging E-commerce

September 2013 | Article
Selling Online: Myanmar's Emerging E-commerce

Despite the fact that 'online shopping' is still an infant purchasing method in Myanmar due to challenges i.e. underdevelopment in the telecom and banking sectors, the fledgling e-commerce industry is prepared to take off as its growth potential is being more widely realized. While there are many forces at play to assist the payment switch, Solidiance's Manager, Michael Sieburg advises e-commerce sites to be flexible with consumers over time and emphasizes the importance of still offering cash on delivery options alongside online payments as it comes around.

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Maximizing Market Share through B-brands in China

August 2013 | Article
Maximizing Market Share through B-brands in China

Another shortcut to MNC's attempt to capture market share in China has been the introduction of a "B-Brand". While many US and European products of origin are often self acclaimed as too sophisticated for the end customer's needs in China, these industrial equipment or medical device manufacturers have decided that a "Good Enough" product that doesn't cannibalize their original premium product is the best approach for capturing market share in the "middle market". Pilar Dieter, Solidiance's Principal for the Greater China operation shares her thought on this seemingly logical and implementable approach to outline its realization in the market.

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India and China Take a Step Ahead in Bilateral Trade

August 2013 | Article
India and China Take a Step Ahead in Bilateral Trade

Confederation of Indian Industry (CII) organized an exclusive session titled "Engaging with China for Indian companies", attended by a group of senior business leaders on India to discuss about the trade and economic cooperation between India with regards to the effort of improving India's trade imbalance with China. As one of the revered participants, Heiko Bugs, the Partner Asia of Solidiance, remarked that as many Indian companies still struggle to achieve the cost saving and the quality hoped for from Chinese sourcing, this session will cover how to get the most out of sourcing, including finding the correct partner, performing due diligence, and protecting yourself from quality fade once sourcing begins.

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Indian companies need a new perspective on China - CII Workshop

August 2013 | Article
Indian companies need a new perspective on China - CII Workshop

A workshop organised by the Confederation of Indian Industry (CII) in Kolkata, India, was attended by a group of key business leaders in India to pose a discussion/forum on how to achieve a deeper engagement between India and China that would inject new dynamism, strengthen economies of both countries and improve people's living standard. As one of the reputable participants, Solidiance's Partner Asia, Heiko Bugs delivered a presentation focused on practices followed by companies that have achieved success in China.

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Green Buildings in Vietnam: Comprehensive Market Assessment by Solidiance and Vietnam Green Building Council

August 2013 | News
Green Buildings in Vietnam: Comprehensive Market Assessment by Solidiance and Vietnam Green Building Council

Solidiance collaborated with Vietnam Green Building Council to release a comprehensive assessment on Vietnam's Green Building Sector. The results show that the green buildings market in Vietnam is still at the early stages of development, primarily as a result of cost sensitivities, low electricity prices, short-term thinking and misaligned incentives between building developers and users, an underdeveloped regulatory market, and a limited supply of skilled employees with green building awareness. This paper elaborates the market overview of the green building industry, green certifications used i.e. LOTUS and LEED, BCA GreenMark, and the market opportunity currently existing in Vietnam.

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The 16 Most Innovative Cities in Asia

May 2013 | Article
What Most Entrepreneurs Get Wrong

This CNBC article identifies why Asian entrepreneurs in Asia fail their business within the region, despite the economic boom over the past two decades. Damien Duhamel, the Managing Partner of Solidiance, is among the limited interviewees. He argues that Asian entrepreneurs sometimes have tendency of fear of 'losing face'. There are also too many Singaporean entrepreneurs, particularly Chinese, that rely to close network of friends and family - and in the 21st century, this propensity won't be serving a lot of help, and many of them don't realize this.

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The 16 Most Innovative Cities in Asia

May 2013 | Article
Vietnam: Market challenges and opportunity to establish its positioning in ASEAN

Vietnam spearheaded among VISTA emerging market by capturing FDI in the 1990's. However, its growth seems to have slowed down after financial crisis since late 2000, while Indonesia keeps high pace of growth. Low cost labor itself lost its appeal as other Indochina neighbors as well as South Asian countries have taken place in that area. In this Nikkei article, Aki Nakamura - Solidiance's Head of Japan Desk - analyses Vietnam's other possible key differentiators and suggest strategic ways to establish unique value proposition among ASEAN countries.

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Green Buildings in Vietnam: Comprehensive Market Assessment by Solidiance and Vietnam Green Building Council

April 2013 | Event
Assessing Opportunities and Hindrances in Vietnam's Green Building Industry

As part of our exclusive green buildings conference tour across Asia, Solidiance partnered with Vietnam Green Building Council to host an exclusive breakfast meeting on the 23rd of April 2013 in Vietnam. The discussion yielded an insight exchanges on various topics: Vietnam's green building market overview, the existing challenges in the industry, possible strategies to overcome the hindrances, issue of the market's green education level, and the government support / regulatory framework towards the sustainable construction development.

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Green Buildings in Vietnam: Comprehensive Market Assessment by Solidiance and Vietnam Green Building Council

April 2013 | Event
China's Green Building Sector: Goals, Realization, Market Overview

As a kick off to the green buildings conference tour across Asia, Solidiance hosted a 'by-invitation only' breakfast meeting on the 19th of April 2013 in China. This event convened about China's green buildings goals and its realization, with distinguished topics i.e. the current overview of the retrofit market aside from new construction projects, the profitability of green building segment, the market's objective and understanding towards green building, the industry capacity to respond to market demand and green building adoption, and new financing concepts for green building.

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The 16 Most Innovative Cities in Asia

April 2013 | Article
The 16 Most Innovative Cities in Asia

As Asia region continues to be a hot melting pot driven by the rapid urbanization and city development, Innovation is now a brewing topic everyone heavily lays their focus on. According to Solidiance's study, there are 16 Most Innovative Cities in the region that are ranked based on several main dimensions being used. In this Business Insider article, Damien Duhamel, Solidiance's Managing Partner who is also the initiator of this study, shares his exclusive remarks in regards to the respective city.

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Firms Innovate Throughout the Asia Pacific Region

April 2013 | Article
Firms Innovate Throughout the Asia Pacific Region

The Cities in Asia Pacific are racing in a fast-paced track, and the firms being established in the region is innovating to thrive. Right after releasing The Most Innovative Cities in APAC, in this Forbes article, Solidiance rounded up a list of the most innovative newly established firms in Asia Pacific to give clearer depiction of how the entrepreneurs in Asia strive to keep up with the ever-rapidly growing business climate.

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Doing Business in Asia - Damien Duhamel, a Portrait of Entrepreneur

April 2013 | Article
Doing Business in Asia - Damien Duhamel, a Portrait of Entrepreneur

Solidiance's Managing Partner, Damien Duhamel, shares his entrepreneurial perspective about starting and undertaking business in Asia. He also points out some of the trials and tribulations he met in the market along the way and how he envisions it would be later in the future. Managing Solidiance is now Damien's focal point and in this Les Echos article, he explains how Solidiance is positioned amidst the competitive market in Asia.

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What is Holding Asian Entrepreneurs' Back?

April 2013 | Article
What is Holding Asian Entrepreneurs' Back?

Regardless of Asian burgeoning market and stable economic growth, entrepreneurs in the region still seem a bit held back. Admittedly, there is a prohibitive lack of failure in them that separates them from the Western business crowd, thus they need a mentality shift, as remarked by Damien Duhamel, Solidiance's Managing Partner. However, there are signs of change - the Asian younger crowd now seems less reluctant to stick their neck out.

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Opportunities in ASEAN Automotive Industry

April 2013 | Article
Opportunities in ASEAN Automotive Industry

Japan is now the highest contributor to the FDI flowing into ASEAN. Thailand and Indonesia have a high dependency on road networks for transportation, hence giving significant domestic opportunities. According to the Solidiance's presentation during JCCI Seminar, while Thailand has spearheaded automotive sector in ASEAN, Indonesia is rapidly catching up and forecasted to become the largest market in ASEAN by 2015.

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What Makes Singapore the Most Innovative Compared to Others in Asia Pacific?

March 2013 | TV coverage
Singapore, the Most 'Innovative City in Asia

BBC interviews Damien Duhamel, the Managing Partner of Solidiance, on their white paper that highlights Singapore as the most innovative city in Asia Pacific. In this video, he further explains the factors that put Singapore high on to the top of the ranking outsmarting other 15 cities across the region. According to the white paper, Singapore ranks the highest on some of the categories assessed, including Global integration & orientation towards future, Government and regulatory framework, Technology and innovation system, Human talent, and more. More details about this ranking can be accessed on www.asiainnovativecities.com

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Asia Pacific's Most Innovative City is...

March 2013 | Article
Solidiance Ranks the Most Innovative Cities in Asia Pacific
Solidiance ranks the Most Innovative Cities in Asia Pacific based on two years of comprehensive research, measuring the 6 main categories such as human talent, knowledge creation, technology, society, government, and global integration. In this ranking, Solidiance derives qualitative information through quantitative means, and interprets quantitative information through qualitative elaboration, resulting Singapore, Sydney and Melbourne to appear as the top three.

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Asia Pacific's Most Innovative City is...

March 2013 | Article
Asia Pacific's Most Innovative City is...
Singapore sits at the top of the Most Innovative Cities in Asia Pacific ranking according to Solidiance's study. The city outsmarts others in the region, including those in China and India despite they're being the fastest growing economies in Asia. The study argues that a city's level of innovation did not necessarily correlate with its size or its speed of growth. A city needs to be innovative not to grow quickly, yet to sustain its growth.

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Singapore, Sydney, Melbourne are the Top Most Innovative Cities in Asia Pacific

March 2013 | Article
Singapore, Sydney, Melbourne are the Top Most Innovative Cities in Asia Pacific

The achievement in being able to make dramatic and perpetual improvements for the past 25 years makes Singapore being the most innovative city in the whole Asia Pacific. This result is acquired by Solidiance that examines six links between what a city has to offer and the amount of talent that relocates to that city: human talent, knowledge creation, technology, society, government and global integration.

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The 10 Most Innovative Cities in Asia Pacific

March 2013 | Article
The 10 Most Innovative Cities in Asia Pacific

Innovation is an ever-moving target, and regardless of the fact that quantifying its existence can be incredibly difficult, especially on a large scale, Solidiance examines Asia Pacific cities to find out which cities are worth reckoning as the most innovative. This ranking is complemented with a short movie featuring interviews with government officials, entrepreneurs, and artists in the region. Eventually, Singapore, Sydney and Melbourne come out as the top three winners.

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Must Read from around the World : Singapore Tops the Innovation Ranking

March 2013 | Article
Must Read from around the World : Singapore Tops the Innovation Ranking

Singapore topped the list of 10 innovative cities in Asia Pacific according to Solidiance's ranking. The city is reckoned for its stable politics, limited government regulation and widespread presence of global brands–all of which are conditions that attract “creative” types, such as artists, academics and inventors, to live there. The Australian cities, Sydney and Melbourne, follow right after, rounding up the top three on the list.

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Singapore Leads Asia Pacific Region in Innovation

March 2013 | Article
Singapore Leads Asia Pacific Region in Innovation

Solidiance identifies the top cities in the Asia-Pacific region where entrepreneurs are likely to thrive through its Most Innovative Cities ranking. Aiming to single out the cities with ideal business conditions and high quality of life, Solidiance comes up with Singapore on the top of the list. Despite several prominences that the city possesses, the government is often criticized to hinder the city's freedom of expression.

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Singapore: Innovation Leader in Asia Pacific Region

March 2013 | Article
Singapore: Innovation Leader in Asia Pacific Region
Singapore has been identified as the most innovative city in Asia Pacific, excelling in global integration category compared to others in the region. Solidiance, the author of this study asserts that the ranking is likely to change in the future due to the fact that the cities are still growing. This ranking comes up with a short documentary movie about opinions towards innovation from entrepreneurs and other key city stakeholders in Asia.

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Innovation is Emerging in Asian Countries, Led by Singapore

March 2013 | Article
Innovation is Emerging in Asian Countries, Led by Singapore

Urbanisation and megacities are among the buzzwords of the decade, especially in stories of Asia’s emerging economies. Being innovative is necessary to build a sustainable city, and Solidiance rounds up a list of the Most Innovative Cities in Asia Pacific. Singapore has the crown as the first winner, meanwhile Bangkok sits on the 12th rank, and yet acknowledged as number one on the society category.

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Bangkok is One of the Most Innovative Cities in Asia Pacific

March 2013 | Article
Bangkok is One of the Most Innovative Cities in Asia Pacific

Bangkok is among the most innovative cities in Asia Pacific, according to a study done by Solidiance. The city ranks the highest and outperforms others in terms of society which included culture, value systems and ideology that it upholds, yet sits at the 12th rank overall. Bangkok is very open to other cultures and fast changing, making it as a rising force to reckon with, granting it the most potential to climb in the ranking in the future.

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Myanmar Thrust onto the Frontline of Consumerism

March 2013 | Article
Myanmar Thrust onto the Frontline of Consumerism

The big brands have now swept into Myanmar, determined to have a share of an anticipated boom and transform the nation's impoverished people into brand-savvy global consumers. Damien Duhamel, Solidiance's Managing Partner Asia remarks that rushing in to untapped market of Myanmar to seek for 'pioneering advantage' is a laden risk. Meanwhile MNCs from Taiwan, HK, Singapore are likely to enter in 2nd or 3rd wave to build sustainable market share.

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Renewable Energy is a Necessity in China

March 2013 | Article
Renewable Energy is a Necessity in China

Renewable energy is an increasingly hot topic in China and is a sector targeted for increasing amounts of government attention and investment before 2020. According to Solidiance's analysis, there are 3 key drivers behind the continued interest in this sector : China’s increasing demand for electricity, the need to reduce its reliance on coal for energy production, and the need to reduce its greenhouse gas emissions.

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China: The World's Fastest Growing Solar PV Market

March 2013 | Article
China: The World's Fastest Growing Solar PV Market

Chinese government targets total installed capacity to reach 21 GW by 2015 and 50 GW by 2020. However, the industry is overcrowded in which the strong firms suffer from problems of overcapacity, troublesome technological development processes and an international slowdown. According to Solidiance's analysis, chief opportunities in the Chinese solar PV sector lie on domestic development, new technology R&D, and cost reduction.

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Wind Power in China Faces Period of Adjustment

March 2013 | Article
Wind Power in China Faces Period of Adjustment

Following years of unregulated growth, China still dominates the global wind energy market with 25% of total global installed wind capacity and is taking the opportunity to mature with the key industry trends including consolidation and internationalisation. According to Solidiance's analysis, the sector started its period of adjustment in 2011, as the newly installed wind power capacity began to experience a slowdown of its rapid growth.

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Hydro Power - China's Most Effective Renewable Energy Resource

March 2013 | Article
Hydro Power - China's Most Effective Renewable Energy Resource

Installations of hydro power continued to rise in the period up to 2011, with China accounting for 22% of the total global installed hydro power capacity. Considerably the most effective renewable energy resource, hydro power sector is dominated by SOEs, although foreign firms are still plausible to invest with limited capacity. However, some challenges faced by China may cause the investment in the sector to decline after 2020.

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Thailand as Southeast Asia's Automotive Leader and Its Strategic Tie with Myanmar

March 2013 | Article
Thailand as Southeast Asia's Automotive Leader and Its Strategic Tie with Myanmar

Thailand has been spearheading economic growth in South East Asia, even before ASEAN was formed.  Although we can’t neglect its political instability, it has accumulated knowledge and experiences especially in automotive sector and by now it is known as “Detroit in Asia”. Aki Nakamura, Solidiance's Head of Japan Desk, assesses this existing superiority and its strategic tie with Myanmar as an interesting aspect to look into.

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China, a Promising Field for Renewable Energy Sector

February 2013 | Article
China, a Promising Field for Renewable Energy Sector

Renewable energy sector (Hydro & Wind Power, Solar PV, as well as Biomass & Biofuels) is now being China's focal point. According to Solidiance's analysis, the growth in this sector is driven by three key factors: increasing demand for electricity, the need to reduce dependency on coal, and the necessity to cut green house gas emissions. Pilar Dieter, the company's Principal for Greater China said that China's attempt to cut GHG should ideally ease its reliance on fossil fuels and save more electricity.

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Vietnam's Slumping & Challenged Property Market Sees Signs of Improvement

February 2013 | Article
Vietnam's Slumping & Challenged Property Market Sees Signs of Improvement

Vietnam's economic downturn is slumping its property market as the banking scandals discouraged foreign investors and domestic buyers. Michael Sieburg, the Manager of Solidiance Vietnam, states on a Property Market article that regardless of the current economic slowdown, Vietnam's property market sees a bright light through the large investments planted by foreign firms, signaling an increase of their confidence. And for this to cause positive impact, the government needs to back it up with substantive efforts i.e. building on its macroeconomic gains.

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China's Renewable Energy: the Outlook for Growth

January 2013 | Article
China's Renewable Energy: the Outlook for Growth

As the world's manufacturing hub, China is prompted to bear the environmental costs in regards to renewable energy. Fossil fuel use is unsustainable, hydro power industry is past its peak, wind power is slowing down, meanwhile solar PV is a traction for investment, as well as biofuels which is still being investigated for rapid future growth. This article is based on Solidiance's "China's Renewable Energy" white paper

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Renewable Energy in China to Experience Explosive Growth

January 2013 | Article
Renewable Energy in China to Experience Explosive Growth

China soon to experience a renewable energy boom due to increasing demand for electricity; reduction in use of coal for energy production; and cutting carbon emissions. Hydro power saw rapid growth only until 2011, and wind power players are having consolidation and internationalization. Solar market is facing overcapacity , meanwhile biofuels and biomass are newfound areas waiting for growth. This article is based on Solidiance's "China's Renewable Energy" white paper.

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January 2013 | Article
Chinese Government Increases Investment & Attention towards Renewable Energy

Renewable energy is a sector targeted for government's heavy investment and attention before 2020. Hydro power sector is slowing down & dominated by SOEs. China is world's wind power leader yet starts descending. Solar PV industry is getting overcrowded, meanwhile biomass and biofuels are new & still supported by poor infrastructure. This article is based on Solidiance's "China's Renewable Energy" white paper.

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November 2012 | News
Solidiance and Arthur D. Little Form Comprehensive Alliance in Asia

Solidiance, a Singapore-based B2B growth strategy advisory firm operating in several Asian
Countries, officially signed a comprehensive partnership agreement with Arthur D. Little, a global management consulting firm to jointly pursue business in the Asia Pacific region and enhance companies' network. Solidiance and Arthur D. Little share many of the same values, such as an emphasis on leveraging innovation creation to contribute to client companies’ growth, as well as their clear client-centric approach.

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November 2012 | News
Innovation at Work: A Fun & Free Apple Application by Solidiance: The Asia Quiz

Solidiance has released "The Asia Quiz", a free quiz application that tests and broadens your Asian market insights, containing questions with multiple options to answer and focused on the four main topics : technology, industrial, med-tech, and general knowledge of Asian market. "The Asia Quiz" is free for download on iPhone, iPad, and iTouch that are ran by at least iOS 4.0 all around the world. It also comes with article reviews and tutorial videos from different medias for further references that may be required. “The Asia Quiz” is developed by AppSolution.
Download here: http://bit.ly/TheAsiaQuiz

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October 2012 | Article
Is Singapore a Healthcare Innovation Hub in Southeast Asia?

Singapore is regarded as a small country with luring attraction for FDI in ASEAN. With the flowing investment coming in, as remarked in the Japan Chamber of Commerce & Industry Singapore magazine article by Praneet Mehrotra, Solidiance's Singapore Principal, the country's feasibility to undertake R&D activities and be a test-market for healthcare sector makes it potential to be harnessed by global companies as a place to invest. This article also expands on the key reasons why Singapore is an important investment destination, specifically for R&D purposes in the healthcare sector.

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October 2012 | Event
China's Construction Sector Slowdown and its Impacts on Foreign Companies

As part of an extended series of industry breakfast events hosted by Solidiance across Asia, Solidiance China hosted its 2nd by-Invitation only breakfast event on the 5th of September 2012 in Shanghai to examine the current market trends in the construction and industrial sector. The event discussed challenges this slowdown presents for China’s industrial equipment and later develop solutions for Fortune 500 to maintain positive returns on their investments in China.

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October 2012 | Article
Build Your Team Based on Diversity to Innovate in Asia

Part three of the “Easy-to-Implement” series by Solidiance’s Managing Partner Asia, Damien Duhamel, as featured in the Singapore Business Review magazine, focuses on the importance of diversity as a means to innovate a company from within. Recruiting beyond the obvious circle as well as enhancing diversity in the business is one of the fastest roads to innovation in companies. As such, a melting pot of origins, cultures, perspectives, will ultimately create a melting pot of good ideas.

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October 2012 | Article
Emerging Trends and Opportunities in Myanmar's Property Construction Market

Myanmar's property market has faced broad changes in the last two years as the international business people seek investment opportunities in the country. Property demand has surged and as a response, developers seemingly will follow a certain pattern that had been seen in Vietnam 20 years ago, as Damien Duhamel, Solidiance's Managing Partner Asia, stated in this New York Times article. Developers from Singapore, South Korea and Hong Kong will build new hotels and offices, resulting in the emerging of apartment and condominium market oriented around expatriates.

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June 2012 | Article
Failure and Risk-Taking are Key Incentives for Company Innovation in Asia

Part two of the “Easy-to-Implement” series by Solidiance’s Managing Partner Asia, Damien Duhamel, is featured in the Singapore Business Review magazine. Focusing on the particular issue of bringing order in the innovation of a company from within, this commentary piece further mentions that failure must be defined as a learning process and that one should encourage risk-taking by discounting failure. Without failure, there would not be any mind-blowing idea from manifest.

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May 2012 | Article
The Fundamental Pillars in Growing a Strategy Consulting Business in Asia

Solidiance’s Managing Partner Asia, Damien Duhamel, was interviewed by the French Chamber of Commerce in Singapore. He details his entrepreneurial and professional background, the history behind Solidiance’s founding, the difficulties he encountered while setting up the company, while also weighing in about the fundamental pillars of being a successful entrepreneur in Asia.

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May 2012 | Article
Don't Listen to, but Observe your Asia Customers to Find New Ways to Innovate in Asia

Part one of the “Easy-to-Implement” series by Solidiance’s Managing Partner Asia, Damien Duhamel, is featured in the Singapore Business Review magazine. This first part states that the rule is not to listen to the customers, but to observe them instead. Innovation is a tough exercise, but it must be done by the enterprise, not by its customers. Observing customers in Asia and interpreting their behavior helps to see a usually not-so-obvious opportunity.

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Up to 4 million green cars in China by 2020, Solidiance forecasts

September 2011 | News
Solidiance Forecast: Up to 4 Million Green Cars in China by 2020

The Chinese automotive market is expected to grow at an annual rate of 10% in the next decade thanks to its growing middle class. The Chinese government aims to have 500,000 to 1,000,000 green cars (including electric and hybrid cars and buses) on the road by 2015. Based on Solidiance’s forecast, there could be between 2 to 4 million green cars on the roads in China by 2020, given a 5-10% penetration rate of the Chinese Electric vehicle market.

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September 2011 | Article
Singapore Amongst Greenest City in Asia; Proof of Growth in the Asia Green Buildings Market

The Business Times expands on the growing market of green buildings in Asia, stating that the industry helps sustain Asia’s growth. Singapore, in particular, has leapt ahead of its time to show what future Asian green cities can look like. Therefore, it is no surprise that a recent high-profile report by Solidiance, a consultancy firm focused on the Asia Pacific region, has already ranked Singapore first on the top 10 green cities in the Asia-Pacific region in regards to green policy.

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Business Monitor International forms alliance with Solidiance

September 2011 | News
Business Monitor International Forms Alliance with Solidiance

Business Monitor International (BMI) has signed an affiliation agreement with Solidiance to become its consulting partner for the region. The partnership seeks to bridge and connect BMI’s systematic market research, ratings and forecasts with Solidiance’s bespoke consulting services, both of which serve the top 1000 multinationals operating in Asia.

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Ingenious Switzerland appoints Solidiance in Singapore

August 2011 | News
Ingenious Switzerland Appoints Solidiance as Business Scout in Singapore

Ingenious Switzerland, the Swiss center of excellence for architecture, engineering and design based in Zurich, has appointed Solidiance, Asia’s premier B2B growth consulting firm as their business scout in Singapore. Singapore with its aspirations to be a regional green building hub has been identified as strategic export market with considerable potential for Ingenious Switzerland. For its part, Solidiance will drive the business development of Ingenious Switzerland in the region through its recognized domain knowledge in the construction and engineering field.

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Google's Street View Cars stir controversy in Japan

July 2011 | Article
Google's Street View Cars Stir Controversy in Japan

In Japan, Google is not the leader in online searches, and its Street View Cars used to aid relief efforts has been wildly unpopular. Many Japanese citizens, including prominent executives and technology bloggers, were outraged at the personal activities the cameras captured. "Google Street View cars have been controversial, maybe more so than other countries, given the limited land where living spaces and public spaces often overlap," said Aki Nakamura, head of Japan business development for Solidiance, to TechNewsWorld.

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Vietnam Logistics Industry: The Road Ahead

June 2011 | Article
Vietnam Logistics Industry: The Road Ahead Seems Only Paved With Good Intentions

Road freight holds a natural advantage in Vietnam’s US 3 billion dollar logistics industry. With almost no air freight, limited rail freight, humble maritime freight, road freight represents about 75% of freight volume in Vietnam. Over the last decade, the number of transportation enterprises increased by almost five-fold according to the Government Statistics Office in Vietnam. This article provides a closer look into the road and traffic conditions in Vietnam, road freight challenges in Vietnam, and suggestions on how to best resolve them.

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How mobile applications in India create new opportunities

March 2011 | Article
India's Mobile Telecom Content Industry to Expand Rapidly

Solidiance’s Partner Asia, Heiko Bugs, was interviewed by Techistan regarding his views on the current market in the India telecommunications industry. He delves into further detail by explaining Solidiance’s focus in India, especially in the areas of applications and mobile content. Additionally, he also discusses the issues companies face in regards of regaining their investments.

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March 2011 | Article
Singapore's Green Building Policy Ranks First in Asia Pacific

Associate Professor Wong Nyuk Hien, a design and environment researcher at the National University of Singapore, credited the Green Mark Scheme for Singapore’s positive results in the green building category of Solidiance's recent green cities ranking. Launched by the Building and Construction Authority in 2005, the scheme rates the environmental friendliness of buildings.

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Tokyo named Asia-Pacific's Greenest City

February 2011 | Article
The First Asia Green City Index Ranks Tokyo as Asia Pacific's Greenest City
Clean Air Portal reports that Japan’s largest city earns top marks for the management of carbon emissions, public transportation and air quality. Solidiance has named Tokyo the greenest major city within the Asia-Pacific region, and rounding out the top 10 Green Cities in Asia are Seoul, Melbourne, Singapore, Osaka, Sydney, Auckland, Busan, Taipei and Hong Kong. Cities were evaluated according to CO2 emissions, energy, transportation, air quality, water, waste, green space, and environmental government. It was ranked according to economy, environment, and social factors.

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Solidiance Ranks Asia Pacific's Top 10 Green Cities

February 2011 | Article
Solidiance Ranks Asia Pacific's Top 10 Green Cities

Solidiance’s ranking of Asia Pacific’s top 10 green cities is calculated based on key factors such as carbon dioxide emissions, renewable energy usage, public transport ridership, overall waste management and green building policies. Solidiance's Asia Pacific's Top 10 Green Cities Index and ranking was the very first ever in Asia.

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Singapore tops in building policy and water management in Solidiance’s ranking of Asia Pacific’s green cities

February 2011 | Article
Singapore Ranks First in Building Policy and Water Management in Asia

Solidiance conducted the first comprehensive study of Asia Pacific’s Green Cities, as reported by The Straits Times. Solidiance published the first Asia Pacific Top 10 Green Cities ranking after analysing all key cities the region. Tokyo is the greenest city in Asia-Pacific region, followed by Seoul, Melbourne, Singapore and Osaka. This result is concluded through the study of the social, economic and environmental factors contributing to the environmental sustainability in each Asia city.

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How the new Singapore Budget can help firms go green

February 2011 | Article
How the New Singapore Budget Can Help Firms Go Green ?

With the right incentives, Singapore could become one of the world capitals for electric vehicles. Solidiance says that as Singapore’s population continues grow, environmentally efficient choices will no longer be a luxury, but a necessity. Singapore may have come up tops in comparison to regional peers when it comes to green buildings - according to recent findings by marketing and growth strategy firm Solidiance but there are other areas, like adoption of cleaner, more sustainable auto fuels, where experts said fiscal incentives can help Singapore take the lead.

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Better Infrastructure Needed to Boost Electric Vehicles Industry in Singapore

December 2010 | Article
Better Infrastructure Needed to Boost Electric Vehicles Industry in Singapore

Demand for electric vehicles in Singapore and the rest of Asia will rise as infrastructure develops. Solidiance forecasts that the battery market for electrical vehicles alone in China could be worth as much as USD 57 billion in 2020. On another hand Singapore is not doing enough to be in the 'driving seat' of the electrical vehicle market in Asia. It is a spot it could easily secure with the right policy.

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77% of homebuyers in Singapore will pay for a green home

November 2010 | News
How Much are Home Buyers Willing to Pay for a Green Home in Singapore?

Solidiance’s study on the Singapore green buildings market shows that the majority of home buyers are willing to pay a premium for a green home, as published in Eco-Business.com. The study was conducted with the support of the Singapore Green Building Council, further confirming that green buildings are still only viewed as a lifestyle product.

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Green's the colour of cost savings for Singapore homebuyers

November 2010 | Article
What are the Cost Savings for Singapore Green Home Buyers?

The Straits Times publishes a report on the first ever poll on public perceptions of green homes, conducted by Solidiance. The result was encouraging: up to 44% polled would pay up to a 5 percent more for a green home, citing cost savings as the top reason.

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Improving Thailand's Road Safety

August 2010 | Article
Thailand's Road Safety, an Opportunity for Truck Manufacturers?

Thailand has one of the worse road safety records in the world, but there are signs that it is improving. Asian Trucker interviews Mickael Feige, Solidiance’s Manager for the Thailand office, to find out what is being done to make the Kingdom's roads safer. Aside from elaborating on the causes of the minimal road safety, Solidiance also shares some insight regarding the issue of drug use, inspections for second hand vehicle trucks, and others.

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Digital Marketing in Singapore: Twitter over Facebook

July 2010 | Article
Digital Marketing in Singapore: Twitter over Facebook

Twitter is unlikely to be preferred as a main digital marketing tool compared to Facebook for companies in Singapore. Solidiance's Managing Partner Asia Pacific, Damien Duhamel, concurred this statement, asserting that Twitter is still a novelty and mostly adopted by teenagers. Moreover, the ROI for marketing via (micro) blogs is close to none and Twitter therefore needs to give itself more time to cultivate its own impact to business marketing.

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Wool insulation materials Malaysia

March 2010 | Article
Building Insulation Materials in Malaysia Could Lead the Way in ASEAN

Insulation materials could pave the way to greener cities and green buildings in Malaysia. Equally important, wool-based insulation enables households and companies to save on up to 30% of energy cost. Malaysia has three wool-based insulation materials manufacturers, and as such could lead the changes in mindset across contractors and project developers in ASEAN. Heiko Bugs, Partner Asia at Solidiance explains how.

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Beverage Market in Asia: Soft Drink Sales Growth Reached Double Digits

January 2010 | Article
Beverage Market in Asia: Soft Drink Sales Growth Reached Double Digits

Vietnam, just like other emerging countries, is a big consumer of carbonated soft drinks (CSD) and its sales reached double digit growth (12%) in 2009 due to larger sums of advertising. In regards to this, Damien Duhamel, the Managing Partner Asia of Solidiance, remarked that the Vietnamese CSD markets will even continue to grow to 40% between 2010 and 2015.

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The Thailand's truck industry survives the crisis

December 2009 | Article
The Thailand Truck Industry: Surviving the Crisis ?

Despite the decreasing demand during the political and economical crisis in 2009, the Thailand truck market showed strong resilience and suppliers aggressively cut the manufacturing output down. The Commercial Vehicle market in Thailand somehow showed unexpected resistance to the economic crisis. Solidiance's office in Thailand elaborates on this phenomenon.

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Opportunities in Vietnam’s emerging healthcare sector

November 2009 | Article
Emergence of Healthcare Sector in Vietnam Attracts Set of Opportunities and Challenges

The Vietnamese government has pumped USD 1 billion into its emerging healthcare sector. But despite its attractive growth potential, Vietnam’s emerging economy presents its own set of unique challenges to would-be investors and foreign companies. Damien Duhamel, Solidiance’s Managing Partner Asia, shares his Vietnam Medical Device insights.

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How to Grasp Innovation in Asian Organizations

November 2009 | Article
How to Grasp Innovation in Asian Organizations

In regards to the role of innovation in organizations, Damien Duhamel, the Managing Partner Asia of Solidiance shares his thoughts about innovation as a delivery of ideas that enable a sustainable and competitive advantage. It is noted that many companies in Asia seem to have a problem in grasping this role of innovation in organizational levels.

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Mobile Phone's Better Functions and Cheaper Price Drive its Growth in Asia

November 2009 | Article
Mobile Phone's Better Functions and Cheaper Price Drive its Growth in Asia

Currently, Singapore and Hong Kong are the most mature electronic payment markets in Asia. Based on a recently published white paper titled 'Asia Mobile Telecommunication Innovations' by Solidiance and the Mobile Marketing Association, it is one among other functionality factors such as mobile gaming, mobile healthcare (mHealth), and mobile music that steer mobile telecommunication industry growth in Asia.

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Mobile Phone's Affordability and Functionality Promote Mobile Growth in Asia

November 2009 | Article
Mobile Phone's Affordability and Functionality Promote Mobile Growth in Asia

Solidiance jointly released a study about Asia Mobile Telecommunication Innovations with the Mobile Marketing Association, focusing on main factors that boost the growth of mobile market in Asia. The study shows that the device's affordability and functionality - i.e. mobile payment, mobile gaming, mobile healthcare (mHealth) and mobile music in smart phone - help the mobile phone adoption to increase in the region.

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Mobile Market Growth in Asia Boosted by Mobile Payment, Gaming, Music, and mHealth

November 2009 | Article
Mobile Market Growth in Asia Boosted by Mobile Payment, Gaming, Music, and mHealth

According to a joint study conducted by Solidiance and Mobile Market Association, the mobile telecommunication sector's growth in Asia is driven by technology innovation i.e. mobile payment, mobile gaming, mobile healthcare (mHealth), and mobile music. The sales of smartphones in the region is also boosted by its prominent functionality - including better features and mobile internet.

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The Business of Innovation

July 2009 | Article
The Business of Innovation

Change drives innovation, which in turn drives positive change. Based on this stance, Damien Duhamel, the Managing Partner Asia of Solidiance, joined the roundtable held by ESSEC Business School's Institute of Service Innovation and Strategy as a panelist to share his thoughts about the 10 main rules of innovation - observing customers instead of listening to them, promoting risk takers and failures, and more.

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The Southeast Asia Third Party Logistics Market in growth mode

June 2009 | Article
The Southeast Asia Third Party Logistics Market in Growth Mode

Solidiance’s study on the logistics industry in ASEAN shows that 83 % of the service logistics activity in the region occurs in Singapore and Malaysia (Penang). The total service logistics market in Southeast Asia has an estimated worth of USD 557 million. Due to her regional hub status, Singapore has a 60 % share of the region’s logistics market. Semiconductor, Telecom and the Electronics industries are the fastest growing and most outsourced industries, with the latter being the most attractive industry in terms of growth and size.

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Key Trends of Service Logistics in Southeast Asia

May 2009 | Article
Key Trends of Service Logistics in Southeast Asia

The service logistics business in Southeast Asia is growing rapidly due to several market trends such as the shift of OEM manufacturing, growing traction of outsourcing to 3PLs, and service offers evolution. These findings are based on the examination of key industries - aerospace, electronics, telecommunication, industrial equipment, medical, and semiconductor sectors across the Southeast Asia region.

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Why invest in Vietnam as a manufacturing location?

April 2009 | Article
Why Invest in Vietnam as a Manufacturing Location?

In a recent survey with Fortune 500 executives, Solidiance determined that 63% of business executives believe that Vietnam is now a more attractive investment opportunity than Thailand. Vietnam’s political stability is comparable to that of China and Singapore, which allows for foreign investors to adopt a long term view.

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Go West into China...carefully

April 2009 | Radio coverage

How Asia-Based Companies Need to Innovate to Survive Economic Crisis

In this exclusive interview with Lush 99.5 FM in Singapore, Damien Duhamel, the Managing Partner of Solidiance, shares his thought on the keys of innovation to strive and save businesses in times of economic turmoil. Innovation is deemed inevitably pivotal for every Asia enterprise, and can be achieved primarily by observing (as opposed to just listening to) customers; embracing diversity of resources/skills in the business; breaking down silos; etc. Damien further explains that the Singapore Government also played a key role in enabling innovation in the country by creating a proper ecosystem for people to innovate, and incentivize innovation.

Go West into China...carefully

April 2009 | Article
Why Shareholders Must Weigh Risk in Chinese Manufacturing and Supply Chain Sector

Companies that are considering moving production into China's interior must weigh the trade-offs of lower costs against the impact on their supply chains. While traditional barriers such as logistics infrastructure and talent shortages are less likely to plague manufacturers, a new crop of challenges, such as provincial regulations and enforcement, may still hinder success. In this article, Pilar Dieter, Solidiance’s Principal for the China office, shares strategic insight regarding the Chinese manufacturing sector and why it is best for shareholders to tread carefully.

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Wool insulation materials Malaysia could save the country more than USD 200 Millions a year in energy cost

March 2009 | Article
Wool Insulation Materials in Malaysia is a Highly Profitable Proposition

Solidiance was selected among a panel of international strategy advisory firms to support the development of the Wool Insulation Market in Malaysia. The content of the engagement was published in a white paper for the Malaysian Government and other key authorities. This article underlines the work Solidiance has done and the potential savings of more than USD 200 Million Malaysia would benefit from if Insulation was included in the building codes by-laws.

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How do you identify opportunities for disruptive innovation in Asia?

August 2008 | Article
Many Roads & Opportunities for Disruptive Innovation in Asia

Increased connectivity, mobile payments and changing ideas of ownership presents new opportunities to conduct business-not-as-usual. Many successful disruptors have profited from transposing existing business models and proven technology from another sector into their own. Can Asian companies adopt more disruptive innovation approach? See what Damien Duhamel, Solidiance’s Managing Partner Asia, has to say about this.

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Why firms in Asia need to innovate ?

July 2008 | Article
How can Asian companies transform themselves from low-cost manufacturers to leading innovators?

In order to instil innovation at the core of companies in Asia, Solidiance suggests cultivating diversity within the team, encouraging the flow of ideas, promoting failures, and head-butting! However, culturally speaking, companies in Asia are still miles away from a Google and an Apple environment. Damien Duhamel, Solidiance’s Managing Partner Asia, is interviewed by The Edge Business Magazine regarding his views on innovation.

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China & Myanmar differences

May 2008 | TV coverage
China & Myanmar differences

In May 2008, Damien Duhamel, Managing Partner at Solidiance, offered his view on France 24 on the clear media approach differences after two natural disasters had occurred about the same time in Asia. The Sichuan earthquake in China and the floods in Myanmar. The Chinese government chose to be more open and transparent with its tragedy, marking a change from the usual blackout; while Myanmar's leadership was still blocking media and international help despite its terrible needs.

This is in French.

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From what if to what is - The basic rules of Innovation in Asia

March 2008 | Article
The Basic Rules of Company Innovation in Asia

As Damien Duhamel, Managing Partner Asia at Solidiance, stated in this interview with Marketing Interactive, the biggest factor that holds back Asian companies from being innovative is recruiting within the comfort zone. It is time for companies in Asia to innovate but few have the courage or the ability to do so. Solidiance shares a few hints on how innovation can be instilled at the core of companies in Asia Pacific, providing key skills on how to be innovative.

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