Chart from GlobalData

Deal volume in SG drops 20.8% YoY in the first three quarters of 2023

In APAC, activity fell 20.6% YoY to 10,761 deals.

Singapore’s deal activity, which includes mergers & acquisitions (M&A), private equity, and venture financing deals, fell in the first three quarters of 2023.

Data from GlobalData showed that deal volume in Singapore dropped 20.8% YoY in 1Q23-3Q23.

Other APAC markets like India, Japan, Australia, South Korea, and Hong Kong also felt the brunt and experienced a setback in deal activity. 

Overall, APAC saw a 20.6% YoY decline in deal activity for the 1Q23-3Q23 period, with 10,761 deals.

“Globally, deal activity remained subdued during Q1-Q2 2023 as market conditions remained challenging and uncertain, and the APAC region also followed a similar trend akin to all other regions,” Aurojyoti Bose, lead analyst at GlobalData, said.

Follow the link for more news on

Join Singapore Business Review community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!