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Boston Consulting Group |
Global news | Economy
An overview of Boston Consulting Group global news:
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Global news
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Middle East
Asset management sector sees wealth base grow but profits dip
Despite global economic headwinds, the Middle East’s asset management industry has grown by $100 billion to over $1.3 trillion, according to a report by Boston Consulting Group.
24 October 2023
Kenya
Kenya officials discuss opportunities with Boston Consulting Group
During a meeting in London, Kenya’s Prime Cabinet Secretary Musalia Mudavadi engaged in discussions with leaders from Boston Consulting Group in relation to the UK’s Growth Gateway program, a scheme
12 September 2023
United Kingdom
$9 trillion decline as global wealth falls for first time since 2008
The financial assets of high net worth individuals around the world has fallen for the first time in more than a decade, according to new research.
27 June 2023
Europe
Global wealth drops for first time in 15 years (by $9 trillion)
Global financial wealth, which had been steadily growing for nearly 15 years since the 2008 financial crisis, came to a halt in 2022, experiencing a 4% decline to reach $255 trillion.
25 June 2023
United Kingdom
London defined as the world's most attractive 'megacentre'
The latest report to try and define the best cities to live in around the world has suggested London is the planet’s most attractive ‘megacentre’.
27 March 2023
United Kingdom
Raw materials shortage puts economic recovery under pressure
A study of the raw materials market has found limited availability is pushing prices sky-high.
16 December 2021
United Kingdom
Even a pandemic can't stop the growth of global financial wealth
Not even a pandemic and worldwide Covid-19-induced downturn could stop the already rich from getting even richer.
31 August 2021
India
India's gig economy holds a potential of 90 million jobs, says BCG
Covid-19 has paved the way for a vibrant gig economy in India – home to potential employment for nearly 90 million people according to a new Boston Consulting Group study in collaboration with the Mi
19 April 2021
United States
Five factors needed for US to lead global 5G economy
Policymakers need to focus on five critical success factors to ensure the US successfully builds out its emerging 5G economy, according to a recent report from Boston Consulting Group.
28 September 2020
United Kingdom
Government Moonshot programme will cost UK over £100 billion
The UK Government has drawn up plans to carry out up to 10 million covid-19 tests a day by early next year as part of a huge expansion of its national testing programme.
21 September 2020
Turkey
Turkey turns to BCG to help boost US economic trade
The Government of Turkey has been working with Boston Consulting Group to realise a major bilateral trade deal with the US.
12 August 2020
Middle East
Women in the Middle East will soon hold $1 trillion in wealth
Women in countries across the Middle East are getting wealthier.
16 June 2020
Australia
Majority of Australians to go basic and cut luxury spend
More than 60% of Australian consumers plan to cut luxury spending in the post Covid-19 economy, shifting their focus to essential spending instead.
10 May 2020
India
Seven consultancies to help develop India's economic recovery plan
Invest India – a public-private partnership aimed at promoting investments across the Indian economy – has roped in a set of major consulting firms to devise a recovery strategy for after the Covid-1
08 May 2020
Germany
Cologne carnival generates €600 million in economic value added
Marking the start of the religious fast of Lent, Carnival season is in full swing across many Western European countries.
25 February 2020
India
India's public cloud market could reach $8 billion by 2023
India’s public cloud market is amongst the largest in the Asia Pacific (APAC) region behind only Australia and Japan, according to new analysis from The Boston Consulting Group (BCG).
16 December 2019
Australia
Australia's cloud market size to boom to $11 billion by 2023
The Boston Consulting Group (BCG) expects the public cloud market in Australia to surpass the $10 billion mark by as early as 2023, with a significant contribution to jobs in the country as well.
15 December 2019
India
Ten emerging trends shaping consumer behaviour in India
India’s consumer market has not only hit a steep growth trajectory, but is also evolving laterally in line with changing economic conditions across the country.
23 October 2019
Middle East
GCC still lagging when it comes to converting wealth to well-being
Boston Consulting Group has highlighted the global standing of the GCC in a number of dimensions on its latest Sustainable Economic Development rankings, but converting wealth to well-being remains a
23 September 2019
United Kingdom
Millionaires hold nearly half of all personal wealth globally
While the global economy is said by some experts to be showing the early signs of a recession, one small club of super-wealthy individuals is still enjoying a bull run.
03 September 2019
Asia
Vietnam, Indonesia and the Philippines buck global start-up gender gap
According to a recent BCG analysis, Vietnam, Indonesia, and the Philippines have been found to be among the very small handful of nations where female entrepreneurial activity is outpacing that of i
23 August 2019
Turkey
Key sectors highlighted as Turkey and US seek $100 billion in trade
A new report from BCG has identified eight key sectors of focus for Turkey as it seeks to increase its bilateral trade relations with the US.
22 August 2019
United States
Social inequality more impactful on well-being than income inequality
Boston Consulting Group’s Sustainable Economic Development Assessment (SEDA) suggests that the correlation between well-being and social equality is stronger than that between income equality and wel
19 July 2019
United States
US-China trade war offers opportunities, risks to tech companies
The ongoing trade war between the US and China heavily affects the technology industry, and there is no end yet in sight.
09 July 2019
Africa
Consumers in Africa are willing to spend and optimistic about the future
Despite rising political uncertainty and high inflation levels, consumers across Africa remain as optimistic as ever, according to new analysis from global management consultancy Boston Consulting Gr
20 May 2019
United States
Companies that react proactively to downturn can emerge even stronger
With the US and global economy poised to slow down in 2019, the research unit of strategy firm Boston Consulting Group – the BCG Henderson Institute – has released some tips to help organizations bet
30 January 2019
United Kingdom
These top consulting firms are shaping WEF's Davos agenda
Every year, the second half of January sees the global economic and political elite descend en masse on a Swiss ski-resort.
23 January 2019
Asia
BCG report highlights the growing upper wealth classes of ASEAN
Home to 650 million people and an economy worth $6.5 trillion, the economic development of South East Asia has seen a rising middle class across the region.
30 November 2018
Brazil
Brazil’s business leaders look towards the future
Jair Bolsonaro’s Brazil will undoubtably be one of many contrasts.
29 November 2018
Uzbekistan
Big name firms brought in by Uzbekistan for economic development agenda
A broad suite of ongoing economic reforms and development initiatives in Uzbekistan has seen the government bring in BCG, McKinsey and the Big Four for support.
22 October 2018
Croatia
BCG names Croatia 40th country for sharing prosperity with its citizens
Croatia has been named the globe’s 40th best country in converting economic prosperity into citizen wellbeing.
12 September 2018
Brazil
Brazil’s talent shortage time bomb sparking migration
According to a recent article by The Boston Consulting Group, the vast majority of Brazilians do not see Brazil as the best place to develop their careers.
05 September 2018
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