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Corporate services
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We connect Japanese businesses with trusted local expertise.
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Behind the Numbers: People of P&A Grant Thornton
Discover the inspiring stories of the individuals who make up our vibrant community. From seasoned veterans to fresh faces, the Purple Tribe is a diverse team united by a shared passion.
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By ensuring that our clients are matched with professionals most familiar with their industry, P&A Grant Thornton aims to provide a seamless onboarding...
Emerging markets and shifting consumer demand are creating new opportunities in food and beverage, with business leaders investing in new products, markets,...
Our vision is to help learning institutions and business organisations go beyond and create powerful learning cultures through technology integration,...
Energy markets worldwide are undergoing major changes. P&A Grant Thornton can help you understand and navigate ensuing challenges and make sure you have the...
Optimism is slowly returning to the global economy, but the financial services industry needs to regain the trust of public and private bodies. To truly go...
Across the globe, not for profit organisations are increasingly expected to deliver more, while at the same time facing cuts in government funding and...
The outsourcing industry is one of the fastest growing sectors in the Philippines. Growth in the industry is at an annual average rate of 20%. The industry is...
Across the globe, countries are moving towards leaner, more commercial, locally focused, and responsive government and public sectors. At P&A Grant Thornton,...
Opportunity and optimism have emerged within the retail estate and construction industry. At P&A Grant Thornton, it’s our goal to help you benefit from these...
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With operational cost, price competition, and currency volatility, pressure on profits continues to pile on retailers. Advancements in e-commerce are also...
P&A Grant Thornton News
Grant Thornton launches advisory services for retailers expanding in ASEAN
28 Aug 2020GRANT THORNTON said it has launched a service to help retail businesses relocate or expand to Southeast Asia in the wake of the pandemic and continued trade tensions between the United States and China.
The professional services company is offering advisory services to medium and large enterprises looking to invest in ASEAN (Association of Southeast Asian Nations) countries.
In a statement Thursday, Grant Thornton said its experts in various countries can offer business insights on risk and cost management, investment returns, and cultural differences.
“We offer seamless cross-border services to all the medium to large enterprises looking for opportunities to expand their retail businesses across the ASEAN region,” P&A Grant Thornton Chief Executive Officer and Chairperson Marivic Espano said.
The company offers auditing, tax, and advisory services with member firms in Malaysia, Indonesia, Philippines, Singapore, Thailand, Vietnam and Cambodia.
Ms. Espano said that companies must focus on liquidity, cost management, and debt and restructuring to restore value for their businesses as lockdown restrictions are eased.
The company recently produced “Retail: Navigating the Impact of COVID-19, in which it concluded that the pandemic could have effects beyond a shift to online retail.
“If a significant number of businesses decide to retain homeworking as an operating model, the number of commuters could reduce as well,” the report said.
The company recommended that retailers grow their online presence and nurture a loyal customer base.
The Philippine Retailers Association said that it is seeing some improvement in demand as Metro Manila restrictions are eased, but still expects consumption to be below pre-pandemic levels due to a lack of public transport and customer reluctance to go shopping.
As published in BusinessWorld, dated 28 August 2020