The rising cost of living in Southeast Asia has led many married couples to work, taking advantage of a dual-career household which offers financial stability and the chance for both partners to pursue careers. By definition, dual-career couples (DCC) refer to a family where both parents have careers.
Based on a recent figure by SHARE, a flagship project of the ASEAN Education Sector, there are 7,000 Higher Education Institutions (HEIs) in Southeast Asia with around 12 million students currently being enrolled.
There is a downward trend in the number of women participating in the workforce as they go up the career ladder. Women may make up half of all the entry-level positions in companies, but at middle management, that number drops.
Malaysia’s target of becoming a high-income economy looks to be on track. Recently, the World Bank reaffirmed its confidence that Malaysia should become a high-income nation by 2024, as long as the country’s gross national income (GNI) per capita continues to grow at a range of four to 4.5 percent.But a talent shortage in the country can slow down progress.
Many ASEAN citizens would consider moving to Singapore for better opportunities. This was what the recent RGF International Recruitment’s Talent in Asia 2019 report found when it compiled data via a targeted survey completed in March. The survey gathered responses from more than 3,500 job seekers and candidates across six ASEAN countries as well as India, mainland China, Japan, Hong Kong and Taiwan.
Indonesia has a serious issue as far as meeting the challenges of the Fourth Industrial Revolution go. The quickly evolving landscape and potential demands on the country’s workforce is shaping into a real concern.
Indonesia is hoping to attract 3.5 million Chinese tourists to visit various tourist destinations in the country this year. Tourism Minister Arief Yahya expressed optimism that the target of 3.5 million Chinese tourist arrivals for 2019 would be achieved after the ministry designated Singapore as a hub for the Indonesian tourism market."Our weakness is that we do not have many direct flights.
Thanks to digital transformation and the Fourth Industrial Revolution, it will be possible for the same output from ASEAN's top six economies today to be produced using 28 million fewer workers by 2028.Digital transformation will disrupt the workforce but its impact has never been truly quantified.
Recent reports have revealed that Indonesia is hoping to attract 3.5 million Chinese tourists to visit various tourist destinations in the country next year. Tourism Minister Arief Yahya expressed optimism that the target of 3.5 million Chinese tourist arrivals for 2019 would be achieved after the ministry designated Singapore as a hub for the Indonesian tourism market."Our weakness is that we do not have many direct flights.
Both by design and proximity, China has had an immense influence on the Southeast Asian region.
Thanks to digital transformation and the Fourth Industrial Revolution, it is possible for the same output from ASEAN's top six economies today to be produced using 28 million fewer workers by 2028. Digital transformation is always said to disrupt the workforce but its impact has never been truly quantified.
