PrimeGlobal Achieves Strong Performance Across Asia Pacific

PrimeGlobal News
September 15, 2023


PrimeGlobal has achieved strong performance across its key Asia Pacific markets, including China, Hong Kong, India, Singapore and Australia during 2022-2023, as highlighted in the recent International Accounting Bulletin (IAB) Country Reports.

Given the challenging economic conditions in the Asia Pacific region, marked by looming recessions and escalating living costs, it's positive to see PrimeGlobal members achieving such commendable rankings in the IAB reports.

PrimeGlobal was ranked number one in Singapore for both fee income and staff, with an impressive 44% growth in fee income year on year. In China, PrimeGlobal was ranked number two for both fee income and total staff, with an unprecedented 100% growth in total staff. PrimeGlobal was ranked number one in Japan for total staff.

PrimeGlobal’s Asia Pacific region has seen the addition of 5 new member firms during 2023 including new members in key markets such as Australia, Thailand and the Republic of Korea.

George Guo
"I'm delighted to see PrimeGlobal's continued strong performance in crucial Asia Pacific markets, notably our impressive standings in Singapore, China, and Japan. In 2023, recruitment has played a pivotal role, welcoming five new firms from the Asia Pacific region. These new firms add exceptional resources to all our members and I look forward to the year ahead and another strong performance from our Asia Pacific members”. George Guo, Regional Executive Director - Asia Pacific

HIGHLIGHTS

Singapore

  • Ranked 1st in fee income (96.5M SGD) – 44% growth
  • Ranked 1st in total staff (1,160) - 19% growth

China

  • Ranked 2nd in fee income (435.4M US$) - 19% growth
  • Ranked 2nd in total staff (6,419) 100% growth


Japan

  • Ranked 2nd in fee income (3,183M JPY) - 19% growth
  • Ranked 1st in total staff (306)

Australia

  • Ranked 3rd in fee income (99M AUD) - 15% growth
  • Ranked 3rd in total staff (510)

Hong Kong

  • Ranked 2nd in fee income (254.2M HKD) – 13% growth
  • Ranked 2nd in total staff (487) - 20% growth

India

  • Ranked 3rd in fee income (628.3M INR) - 45% growth
  • Ranked 2nd in total staff (896)

South Korea

  • Ranked 2nd in fee income (35.4KRWbn) - 11% growth
  • Ranked 3rd in total staff (207)

Vietnam

  • Ranked 3rd in fee income (19,013M VND) - 6% growth
  • Ranked 3rd in total staff (122)