Rapid economic development over the past two decades has transformed the Southeast Asian region to the point where it is able to participate in international production networks which allows more exports of manufactured products, textiles and other primary high-quality valued-added products.
A tech-savvy population, a fast-growing economy, and the perks of being first in an emerging market - Vietnamese entrepreneur Le Thanh saw the potential in booming Ho Chi Minh City for his start-up transforming coffee grounds into masks. The 35-year-old chemistry graduate worked for two multinationals before stepping out on his own three years ago to launch ShoeX - a sustainable footwear company which nimbly pivoted to masks as the coronavirus pandemic struck.When he entered the work
The COVID-19 pandemic threatens the health of millions worldwide, and it has pitched the remainder of the academic year into chaos and uncertainty since there is much we do not know about this disease. No one can say how serious the coronavirus’s effects will be or how long the pandemic will last, which makes it hard to predict the outcomes. One thing that sets the coronavirus crisis apart from those that affected higher education in the past is the uncertainty.
Leading global professional services company, Accenture, recently released a report on the perception of equality held by leaders and employees. The report found that a significant gap exists between the way leaders and employees view progress towards equality in their organisations. The findings are based on a global survey of more than 30,000 professionals in 28 countries including Indonesia.
A 2019 report by the United Nations Economic and Social Commission for Asia and the Pacific (UN ESCAP) estimates that 15 percent of the global population is made up of persons with disability, which makes them one of the largest minority groups in the world. In Asia and Pacific this translates to 690 million people.
During the 2019 ASEAN Summit, Thailand introduced the Eastern Economic Corridor (EEC) initiative to transform three Thai provinces into smart cities – which has turned out to be a success.
Agriculture can either be the main cause or our greatest asset in fighting the climate crisis. But, for this, it must be radically transformed. Humanity now depends on just three crops (wheat, rice and maize) for more than half of its food.
Southeast Asia is proving to be one of the most successful and fastest growing digital markets in the world. While the likes of Grab and Lazada have established themselves in the region, many other start-ups are fast-developing unique and innovative forms of services to tap into the lucrative digital economy. Singapore is currently home to some of the most heavily funded start-ups in the region, including Grab and Sea.
Creating new products, processes and ideas, innovators are at the forefront of development and progress. Be it a corner-shop or a multinational company, businesses that innovate are able to attract the best talent, increase revenues, scale up more efficiently and grab bigger shares of their respective markets.The best innovators are able to capture a niche market and help their brand stand out by meeting their customers’ ever-changing needs – key to any business’ longevity.
Young inventors in ASEAN are starting to break barriers and push boundaries with innovative solutions for everyday problems. From helping to prevent infant deaths to creating a source of light which does not use electricity, Southeast Asia’s young inventors are slowly coming to the forefront.In Malaysia, a pair of students were so concerned by news articles about babies dying in vehicles after being left unattended that they decided to do something about it.
Ever since the ancient Greek poet Theocritus wrote his pastoral idylls romanticizing rural life, people have been pondering how to build cities that are in concert with their natural surroundings. But with rates of urbanization growing exponentially around the world, the need for greener cities has never been more urgent. Fortunately, innovation and technology can help strike this long-elusive balance.Bridging the urban-rural divide has long been a focus of city planners.
The Stock Exchange of Thailand (SET) recently announced its three-year strategic plan under the theme, “Towards Sustainable Growth and Innovation.” Under this plan, the SET aims to make innovation a key driver to ensure functionality and sustainable growth of the Thai capital market.The strategy is in line with the Capital Market Development plan - approved by the Thai cabinet in September 2017 - which takes into account Thailand’s ageing society and the need for informal workers to gain acce