Spire's six most recent events.

Spire Malaysia introduces healthcare products from Taiwan
Medical and healthcare products introduced into Malaysian market from ...
Spire speaks to US firms about Southeast Asia’s Silver market
Spire shares business advice to start-ups on Indonesian market entry
Spire talks about strategic planning lessons from leading organization...
Spire talks about investment opportunities in Indonesia
Spire Client Entertainment Night July 2019

Spire and YBC host breakfast seminar on the impact of demonetization in India

20 January 2017

Spire and YBC host breakfast seminar on the impact of demonetization in India

On 20 January, Spire and Yamada Business Consulting (YBC) jointly held a breakfast seminar in Singapore to explore the impact on India’s economy of the recent Rupee demonetization of high-value currency notes. Leon Perera, Chief Executive Officer of Spire Research and Consulting, Japnit Singh, Deputy Chief Executive Officer at Spire and Yasuyuki (Luke) Kita, General Manager of YBC (Singapore), addressed the session.

Spire Singapore and YBC discussed the demonetization’s impact on different industry sectors, on e-commerce and on the outlook for doing business in India in 2017.

The speakers talked about how demonetisation will spur growth in cashless transactions. Although the retail and car resale sector will suffer short-term damage, there is a visible shift towards modern trade and online transactions. Moreover, ease of doing business and transparency will rise, making India more investment-friendly.

Nidhi Singh
Assistant Manager, Group Corporate Communications
Spire Research and Consulting
Phone: (91) 124 646 5499
E-mail: nidhi.singh@spireresearch.com

Back to Top

Back to Home