Using India as a case, this Asia Business Council briefing looks at how the use of digital technology by the government and private sector is helping to change society, largely for the better. It explores how digital technology has enabled more people to access government benefits and expand economic opportunities in ways that were elusive …
The Asia Business Council annual survey of members found business optimism for the year ahead has plunged to the lowest level since the global financial crisis in 2008. The overwhelming reason cited was the U.S.-China trade conflict. Other reasons included concerns about a trade war-induced recession, Japan-South Korea trade disputes, and the impact of Persian …
Public health and climate change are both great challenges for Asia. Together they create a nexus of concern that could become the next big crisis for the region. While rapid economic development has pulled hundreds of millions out of poverty and people’s health and lives are much improved, Asia is dealing with an emerging set …
Driven by a proliferation of emerging, connected, and converging technologies, the economic future for China and the U.S will be one of immense change. Currently, a nation’s ability to innovate is closely linked to perception of national mastery, extending national hegemony into ecosystems of business infrastructure such as those created by large technology companies. Increasingly, …
Typhoons, terrorism, the threat of war, tsunamis, earthquakes, and epidemic disease. These are but a few of the challenges Asian companies have confronted since the century began. Risk is not new. What’s new is that ever-more-complex business models make companies vulnerable to risk as never before. What’s new, too, is that we are running up …
Battling urban heat is becoming an increasingly urgent challenge, threatening those living in densely populated cities around Asia who suffer the effects of rising temperatures. By Program Director Janet Pau.
Hong Kong is the fastest-ageing economy in the world, and has the lowest population share of children under 14. The city faces a grim economic fate, unless the older and younger generations can work together to change the growth model. By Program Director Janet Pau.
Hong Kong’s youth and its middle class no longer believe in upward mobility and see little but more competition ahead. Facing economic insecurity and disconnect from older generations, they turn to protests as a way of belonging. A new social contract is needed to restore faith. By Program Director Janet Pau.
Hong Kong needs to trim its dependence on the services sector, accelerate research and development, and open up new growth paths — and key to its economic survival are its fundamental values of personal and judicial freedoms. By Program Director Janet Pau.
Hong Kong can better prepare for pandemic risks by turning to disruptive technology and financial innovation. By Asia Business Council Program Director Janet Pau.
