Southeast Asia is one of the world’s most economically dynamic regions, but there is a large and potentially disastrous flaw in the business model of many companies in the region. In 2017, ASEAN member states collectively spent US$1.9 billion or 0.06 percent of their gross domestic product (GDP) on cybersecurity, less than half of the global average of 0.13 percent.
As one of the most prevalent and transformative technologies of all time, artificial intelligence (AI) has been incorporated in various major industries since the term was first coined in the 1950s.
Technology has always been one of the core catalytic factors that stimulate improvement or revolution in the way we live and work.
Hoteliers around the world have been hit by a seismic shock wave this year.
Recently, the National Broadcasting and Telecommunications Commission unveiled a comprehensive study on Thai media habits.
Several ASEAN countries are facing the problem of an aging society. This is the reality for countries like Singapore, Brunei, Malaysia, Thailand and Vietnam. The worry is that as citizens age, and pregnancy rates drop in these countries, it will become harder and harder for them to remain competitive.In the face of this concerning reality, ASEAN has been looking at how it can fully utilise the potential of its aging citizens.
Technological advancements and artificial intelligence (AI) are revolutionising manufacturing for industries around the world.
A drone-like flying taxi whirred over Singapore's waterfront Tuesday, with the firm behind the test hoping the aircraft will revolutionise travel in traffic-choked Asian cities.The 18-propeller vehicle, developed by German firm Volocopter and with a pilot onboard during the test flight, took off from a promontory and flew for about two minutes and 30 seconds around the Marina Bay district.Heavy rains in the morning almost delayed the flight, but the skies cleared in time for the battery-
In June 2017, a video of a policeman accepting a bribe in Indonesia went viral. The video was especially intriguing because the bribe came in the form of a durian which the police officers had tried to haggle for from an initially reluctant driver.In 2016, the United States (US) Department of State’s Bureau of Democracy, Human Rights and Labor noted that the Indonesian police force was plagued by corruption, and bribery is widespread, presenting companies with higher risks.
Generation Z (Gen Z) is entering the workforce and business leaders must stay ahead to harness this new wave’s talents and appeal to their interests. According to McKinsey, Gen Z is the cohort born between 1995 and 2010, and are currently between the ages of nine and 24-years old.According to a 2018 article by Nielsen on ‘How to engage with Generation Z in Vietnam,’ by 2025, Gen Z will account for 25 percent of the labour workforce in Vietnam.
Cloud kitchens across Southeast Asia are disrupting the dining restaurant model, operating straight from individual cooking venues and delivering straight to customers’ doors. Cloud kitchens are also called delivery-only kitchens, ghost kitchens and dark kitchens. The elimination of customer seating, air conditioning and lighting slashes rent costs and bills and also reduces the need to employ serving staff.
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.
