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?
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 EV battery industry is growing quickly, and it’s about to get a powerful new player in the form of South Korea’s SK Innovation.
Following an announcement by China that it would phase out sales of new internal combustion engine cars by 2035, the promise of fast growth in electric vehicles and batteries has sent stocks soaring.
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.
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.
Vietnamese entertainment giant DatVietVAC Group Holdings is an example of how a company can leverage media and content as a force for good during the pandemic. It played no small part in helping the Vietnamese government promote the official BlueZone app, which helped contain the virus. By mobilizing its network of celebrities, DatVietVAC encouraged the …
Hong Kong-based textile company Esquel Group reaffirmed its commitment to sustainability by developing a reusable mask even as it was hit hard by the unfolding pandemic and escalating U.S.-China tensions. While initially made for donations, especially in the communities where it had operations, the product soon became a business as well, demonstrating that social responsibility …
One of the main reasons Taiwan had so few COVID-19 cases at the start of the pandemic was the development of a mobile phone-based information tracking system called the Intelligent Electronic Fences System (IEFS). Taiwan Mobile, the telecoms arm of the Fubon Group, played a key role in this endeavor, as it joined hands with …
Leveraging its resources and expertise, Lenovo, a leading technology company with operational headquarters in Beijing and Morrisville, North Carolina, and financial headquarters in Hong Kong, developed educational solutions that could “go beyond the device” during the pandemic. While its commercial solutions ranged from hybrid classrooms to cybersecurity and virtual reality, Lenovo’s philanthropic efforts included hardware …
