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

Singapore reported a 19.1% decline.

APAC deal volume fell 6.8% in Q1-Q4 2024, dropping from 11,317 deals in the previous year to 10,551 deals, according to GlobalData. 

The decline was driven by economic uncertainties and geopolitical tensions, which affected mergers and acquisitions (M&A), private equity, and venture financing activities. 

M&A, private equity, and venture financing deals recorded year-on-year (YoY) declines of 3.1%, 20.7%, and 10.2%, respectively. 

Singapore experienced one of the steepest declines in APAC, with deal volume falling 19.1%. Malaysia saw the smallest decline at 1.2%, while Indonesia recorded the largest drop at 34.2%. 

“In line with the global trend, APAC also witnessed a decline in deal activity amid economic uncertainties, ongoing wars, and geopolitical tensions. However, it is noteworthy that APAC demonstrated relative resilience compared to other regions. Despite the decline, it was the least severe among all regions,” said Aurojyoti Bose, lead analyst at GlobalData.

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