World Economic Forum

The Future Of Consumption In ASEAN

ASEAN is the world’s third most populous economy and is projected to become the fourth largest economy by 2030. By then, domestic consumption, which powers roughly around 60 percent of ASEAN’s gross domestic product (GDP) today, is expected to double to US$4 trillion. The population too will reach 723 million from the current 648 million people.As a bloc, ASEAN is facing uncertainty from disruptions caused by the current COVID-19 pandemic.

4 November 2020
0

Reskill Today Or Lose Your Job Tomorrow?

As of 25 October, over 800,000 cases of the coronavirus disease have been reported across ASEAN, inching closer towards the 900,000 mark. The deadly virus has also taken some 21,000 lives in the region.

26 October 2020
0

WEF EXCLUSIVE: The Markets Of Tomorrow

The disruptions brought by the COVID-19 pandemic have emphasised the need to transform our economies and to restart economic growth by making it inclusive, green and fair.

21 October 2020
0

The Great Reset: Post-COVID Capitalism

No event since World War II’s (WWII) end has had as profound a global impact as COVID-19. The pandemic has triggered a public health and economic crisis on a scale unseen in generations and has exacerbated systemic problems such as inequality and great-power posturing.The only acceptable response to such a crisis is to pursue a “Great Reset” of our economies, politics, and societies.

14 October 2020
0

The Problem With Microplastics

The alarming spread of microplastics has become a problem that can no longer be ignored. Microplastics are plastics measuring five millimetres or smaller and are formed when larger pieces of plastic such as shopping bags or bottles disintegrate into smaller pieces.Due to their small size, the issue of microplastics might be seen as secondary to the “bigger” problem of plastic bags and other plastic goods which pollute the environment – but there is no escaping it.From our drinking wa

19 September 2020
0

How Will 5G Reshape Businesses?

While consumers across ASEAN are excited about 5G’s promise of faster home broadband speeds and mobile internet connections, it is the technology’s low network latency and power consumption that offers a variety of opportunities for businesses.About 20 times faster than 4G, everything from instant high-definition movie streaming to cloud gaming will be less than seconds away once 5G is commercially available across the region in the next few years.

16 August 2020
0

WEF EXCLUSIVE: The Contours Of Future Cooperation

There is a great global misalignment: at the very moment cooperation is more vital than ever to address urgent challenges, it is in decline. In late June, referencing the fractured response to the COVID-19 crisis, United Nations (UN) Secretary-General Antonio Guterres warned “there is total lack of coordination among countries.” Some have gone further, drawing on examples from history and comparing the global quest for a COVID-19 vaccine to the space race between the United

23 July 2020
0

Philippines needs to improve its education system

The research arm of Switzerland-based business school, the International Institute for Management Development (IMD) recently released the results of its survey on the talent competitiveness of 63 countries from around the world. Based on the rankings, the Philippines managed to jump up to 49th place from 55th last year. Regardless of the jump, the ASEAN country, unfortunately, still performed the worst when compared to other bloc members.

5 June 2020
0

WEF EXCLUSIVE: Time For A “Great Reset”

COVID-19 lockdowns may be gradually easing, but anxiety about the world’s social and economic prospects is only intensifying. There is good reason to worry: a sharp economic downturn has already begun, and we could be facing the worst depression since the 1930s.

3 June 2020
0

Stepping Up Cybersecurity During The Pandemic

While ASEAN is increasingly coordinating its efforts to reinforce regional cybersecurity, more needs to be done to address the constantly evolving threats.According to a recent World Economic Forum (WEF) report, one of the biggest concerns in regards to the current COVID-19 crisis is the increase in cyberattacks and data fraud. The pandemic has accelerated the adoption of a digital culture worldwide.

25 May 2020
0

Opportunities In A COVID-19 World

The coronavirus crisis has brought chaos to nations across the world. Fears and anxiety amplify as the virus is not only a health threat – but is also severely affecting livelihoods, businesses and the economy in general. Governments have imposed drastic measures to contain the COVID-19 virus such as travel restrictions and citywide lockdowns. Although these curbs have proven to be necessary for some countries – they have devastated local industries and businesses.

21 May 2020
0