Emerging Giants in the Asia Pacific

Great report by KPMG, rich with data and insights on the Emerging Giants in the Asia pacific. Some key takeaways:

> Asian economies are moving from suppliers to other nations to markets in their own right

> digital is now a major driver of growth, services are overtaking manufacturing!

> growing middle class, and smartphone penetration is fuelling a digital commerce sector

> Asia Pac is catching up with the US as a unicorn "creator"

> IMF forecasts predict stronger growth in Asia Pac emerging/developing economies than globally - 20% higher

> government funding and incentives paly a key role in supporting entrepreneurs to start and scale their business

Source: KPMG