World Economic Forum

ASEAN competitive despite global turmoil

Singapore’s status as the world’s most competitive economy in the IMD (International Institute for Management Development) World Competitiveness Rankings is not the only thing ASEAN can be proud of.While Singapore dethroned the United States (US) to stand atop the annual rankings for the first time since 2010 as Hong Kong remained second, the four other ASEAN countries in the list of 63 economies also performed strongly.

2 June 2019
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Rold: Industry 4.0 the Italian way

While many large companies in ASEAN are piloting Fourth Industrial Revolution (Industry 4.0) initiatives in manufacturing, few small and medium enterprises (SMEs) have managed to integrate them in their processes successfully. Industry 4.0 manufacturing can be defined as the integration of internet-enabled technologies which allow networking in the production process.

19 May 2019
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Sandvik Coromant: Factory of the future

Sandvik Coromant’s “digital thread” which spans throughout its factory in Gimo, Sweden, has seen it win international recognition from the World Economic Forum (WEF). Part of Swedish global industrial engineering group Sandvik, Sandvik Coromant is at the forefront of manufacturing tools and machining solutions that drive industry standards and innovations in the metalworking industry.The raised labour productivity in the company’s Gimo plant as a result of extensive automation saw th

18 May 2019
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BMW: Driving Into The Future

Despite the big data, analytics and artificial intelligence (AI) inherent in the Internet of Things (IoT), human capital remains the most important asset for the BMW Group as it embraces Fourth Industrial Revolution (Industry 4.0) technology. The iconic German car manufacturer's Regensburg plant was recently chosen as a ‘Lighthouse of the Fourth Industrial Revolution’ by the World Economic Forum (WEF), a term it uses for 16 selected factories which have successfully incorporated

17 May 2019
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ASEAN’s energy transition on the right track

Yesterday, the World Economic Forum (WEF) launched the fifth edition of their Energy Transition Index (ETI), ranking 115 economies on how well they are able to balance energy security and access with environmental sustainability and affordability.

26 March 2019
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Microplastics and the environment

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 drinking water

1 March 2019
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Business and biodiversity

At the World Economic Forum’s (WEF) annual meeting in Davos last month, the evidence of mounting threats to nature, and of nature’s contributions to people, featured higher on the agenda than ever before.

24 February 2019
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Hot topics at Davos 2019

The World Economic Forum (WEF) wrapped up on Friday, closing out a week of panels, parties and sub-zero temperatures with more serious talk dominated by climate change and gloom over slowing growth.Here are some of the top quotes on key issues over the past week.Climate emergency"I am here to say our house is on fire." – Greta Thunberg, a 16-year-old Swedish teenager whose advocacy against global warming has inspired global youth.

27 January 2019
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Teenager plugs climate fight at Davos

China and Germany Wednesday defended global cooperation against the temptation of populism at the Davos forum of the world's business elite, but a Swedish teenager emerged as the unlikely star after her urgent calls for climate action inspired schoolchildren around the world.Reactions against a longer-running style of populism also reared up at the annual World Economic Forum (WEF), as Brazil and other regional countries joined the United States (US) in recognising the head of Venezuela&

24 January 2019
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Jet-setting Davos elite fret about climate

The World Economic Forum (WEF) in Davos is one of the few places where environmental activists attend the same events as the private jet crowd, and get a chance to try to convince them to change their ways face-to-face.To come or not to come to the swanky forum in the Swiss Alps?

23 January 2019
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Has Davos made the world better?

Klaus Schwab, who founded the World Economic Forum (WEF), has said his childhood during World War II inspired him to build an organisation that would make the world a better place.

21 January 2019
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Singapore: ASEAN’s most competitive economy

Singapore is the most competitive economy in the region, placing second overall in the World Economic Forum’s (WEF) Global Competitiveness Index behind the United States (US).Singapore is seen as an exemplary economy as the report showcased the importance of openness for competitiveness amid escalating tensions and backlash against globalisation.

13 January 2019
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