In 2021, resilience is undoubtedly top-of-mind for business leaders as they face the COVID-19 pandemic and threat of climate change amidst a precarious geopolitical environment. While corporate resilience is the capacity of an individual company to transform nimbly, rebound quickly, and prepare effectively for dramatically changed circumstances, collective resilience refers to the capacity of multiple …
Technology and COVID-19 have led to increasing adoption of cashless transactions. More and more, consumers are buying online, and vendors are rushing to adjust their business models to accommodate remote buying and touchless payments. In the face of this change, what does going cashless mean for different economies?
This year’s survey indicated a historic rise in business optimism in Asia driven by a belief that the pandemic-driven downturn has finally hit bottom. Most businesses see demand for their products on the upswing. Yet this optimism is tempered by acknowledgement of external risks. Geopolitical tensions and the emergence of new and more dangerous virus …
Blunting the impact of climate change is our time’s greatest challenge. The landmark 2015 Paris Agreement on climate pledged to keep the rise in global temperatures to less than 2 degrees Celsius above pre-industrial levels. The overall Paris pledge is the sum of individual country pledges, known as Nationally Determined Contributions (NDCs), to drive decarbonization. But, …
The year 2020 will be remembered for the turbulence caused when a pandemic swept through the world, fundamentally changing people’s way of life, presenting unprecedented challenges to governments worldwide, and forcing businesses to reflect and adapt in order to survive. With this in mind, the Asia Business Council and the Tanoto Center for Asian Family …
The melding of education and technology is here to stay, and its benefits for students, schools and the economy are just beginning to be understood. Fiscal policy and financial incentives that keep up with the times represent a win-win for the people and the government as well as an investment in our future.
Singapore’s Temasek is one of several government funds to go beyond their traditional mandate and fight the pandemic, not just by investing in the search for a vaccine, but also by supporting the production of medical goods As Hong Kong prepares to launch its own Growth Portfolio, it needs to consider if there’s a larger …
By almost any measure, the response to COVID-19 in much of Asia, East Asia in particular, has been among the world’s most effective. Measured by the absolute number of COVID-19 cases and deaths, or cases and deaths per 100,000 people, Asia has been more successful than the United States and most countries in Europe in …
Amid the humanitarian crisis of Covid-19, Indonesia has discovered a silver lining. The digitization of traditional offline businesses is accelerating in the shadow of the pandemic. Now, e-commerce and fintech players are fighting to dominate the digital world.
The Asia Business Council Annual Survey 2020 was conducted in August and September this year and yielded a response rate of 83 percent. Asia Business Council members are Chairmen and CEOs mainly in Asia but also in Europe, the United States, and Australia who lead companies with a combined valuation of nearly $3 trillion and …
