Singapore’s announced deals fall 12% YoY in first 8 months

Across Asia-Pacific, overall deal volume edged up roughly 1% over the same span.

Singapore’s total announced deals declined about 12% YoY in January to August, according to GlobalData.

Across Asia-Pacific, overall deal volume edged up roughly 1% over the same span, with APAC the only region to buck the global downturn in activity, GlobalData said.

By deal type, M&A rose about 5%, whilst venture financing fell around 3% and private equity dropped about 15% YoY.

Country trends were mixed: Japan (+16%), India (+6%) and China (+5%) recorded increases, whilst Australia (-6%) and South Korea (-22%) also contracted alongside Singapore.

GlobalData described APAC’s backdrop as “in transition,” with cautious financing conditions but steady, M&A-led momentum concentrated in several large markets.