News releases September 2011
June 2011
- Despite renewed growth in 2010, Biotech industry faces R&D challenges
Kuala Lumpur, 17 June 2011
The global biotechnology industry delivered solid top- and bottom-line growth in 2010, with the industry achieving aggregate profitability for the second year in a row. Yet funding for research and development has grown increasingly scarce for the vast majority of firms in the sector, which tend to be pre-commercial stage companies that depend on years of funding to support drug development.
Report - Beyond borders: Global biotechnology report 2011
- Entrepreneurs are made, not born
Monte Carlo and London, 8 June 2011
An Ernst & Young report released recently, Nature or nurture: Decoding the entrepreneur, based on survey of 685 entrepreneurs worldwide and in-depth interviews with winners of the Entrepreneur Of the Year award, provides insights into the shared characteristics, frustrations and career goals of some of the world’s leading entrepreneurs.
Report - Nature or nurture? Decoding the DNA of the entrepreneur
- Maria Pinelli announced as new Ernst & Young Global Vice Chair for Strategic Growth Markets
Kuala Lumpur, 1 June 2011
Ernst & Young, the global professional services organization, is pleased to announce the appointment of Maria Pinelli as the new Global Vice Chair for our Strategic Growth Markets (SGM) practice. She will succeed Greg Ericksen, who retires on 30 June after 35 years with Ernst & Young helping us build our leading entrepreneurial brand.
May 2011 - Barcelona, Copenhagen and London most admired cities in the world by city leaders
Kuala Lumpur, 30 May 2011
In a highly competitive global environment, cities are under increased pressure to attract people and investment, while providing a sustainable, vibrant community for their citizens. For a report Cities for citizens released last week, EY interviewed 72 city leaders about who they felt was best dealing with this challenge. - New standards may change deal structures and increase transparency for investors
Kuala Lumpur, 13 May 2011
Two new standards released yesterday by the International Accounting Standards Board (IASB), IFRS 10 Consolidated Financial Statements and IFRS 12 Disclosure of Interest in Other Entities, will fundamentally change how companies identify controlled entities and will increase understanding of control relationships for users of financial statements. In addition, the IASB released IFRS 11 Joint Arrangements, which will change how many companies account for such arrangements. - Surge in capital confidence in Southeast Asia with high interest in M&As amid continuing focus on organic growth
Kuala Lumpur, 10 May 2011
Ernst & Young’s bi-annual Southeast Asia Capital confidence barometer study released today reveals that corporate confidence is robust in Southeast Asia (SEA). Capital conditions of SEA companies have maintained or improved over the last six months, with little perceived impediments to securing funding.
April 2011 - Ernst & Young Entrepreneur Of The Year (EOY) programme celebrates its 10th year in Malaysia
Kuala Lumpur, 12 April 2011
Ernst & Young launched the 10th anniversary celebrations of the Ernst & Young Entrepreneur Of The Year (EOY) awards programme in Malaysia today at an event officiated by Yang Berhormat Dato’ Mukhriz Mahathir, Deputy Minister of International Trade and Industry. Themed “A decade of honouring Malaysia’s best entrepreneurs”, the event was attended by illustrious Malaysian entrepreneurs and other members of the Malaysian business community. - Ernst & Young Malaysia appoints new Country Managing Partner
Kuala Lumpur, 1 April 2011
Ernst & Young Malaysia today announced the appointment of Abdul Rauf Rashid as the new Country Managing Partner effective 1 April 2011. Rauf takes over this role from See Huey Beng who is retiring on 30 June 2011 after leading the firm for the past nine years. In assuming this new leadership appointment, Rauf will relinquish his current role as the Head of Assurance Services.
March 2011 - Ernst & Young ranked number one for advisory in financial risk and controls globally
Kuala Lumpur, 28 March 2011
Ernst & Young today announced that it has been ranked number one for advisory in financial risks and controls globally by FY09 revenue, by Kennedy Consulting Research & Advisory in its Financial Risk & Controls Advisory Marketplace 2010-2013 report. - Retail banks in developed markets still losing customer trust
Kuala Lumpur, 11 March 2011
Despite efforts by many banks to rebuild consumer confidence in the wake of the financial crisis, trust in banks fell in the past 12 months in countries hit hard by the downturn, according to a new survey report from Ernst & Young. By contrast, banks in some regions relatively unaffected by the crisis are seeing trust levels rise. - Strong company performance linked to formal CFO talent development
Kuala Lumpur, 9 March 2011
A new Ernst & Young report, Finance Forte – The future of finance leadership, suggests there is a correlation between strong company performance and the extent to which CFOs and their organizations take a formal approach to talent development and succession planning. However, only a minority of companies are currently adopting such a formal approach.
February 2011
January 2011
- Globalization projected to increase in Malaysia in the next few years
Kuala Lumpur, 31 January
Globalization is projected to increase in Malaysia in the next few years, driven by cultural openness, measured by an increase in tourism and telephone traffic, coupled with increases in broadband and internet subscriptions according to an analysis by the Economist Intelligence Unit commissioned by Ernst & Young. - 2010 closes with second biggest oil demand increase in 30 years
London, 24 January
Strong global economic growth at the close of 2010 created the second biggest demand spike in the past 30 years, according to Ernst & Young’s Oil & Gas quarterly report. Demand is expected to continue to increase, though less dramatically, in 2011 and there is a possibility oil prices may top US$100 per barrel in the first quarter of 2011.
December 2010
March 2010
- Positive outlook as global technology M&A shows growth for third consecutive quarter
Kuala Lumpur, March 2010
Mergers and acquisitions (M&A) activity in the global technology sector grew for the third consecutive quarter in Q4 2009, bringing optimism for continued growth in 2010, according to a new report by Ernst & Young.
Back to top |
| |
