Asia’s economic growth and development have been unparalleled over the past 75 years. Poverty has declined continuously and more rapidly than at any time in recorded history, and significant welfare gains have been achieved. These achievements have been driven by Asia’s growing participation in international trade and global value chains, which underpin the globalization process. More broadly, globalization refers to the integration of economies that has been achieved through growing levels of international trade, finance, and investment, and through the mounting exchanges of people, ideas, and data.
Women are indispensable to Hong Kong’s future growth; closing the wage gap, while providing more support at home, can pave their re-entry to the workforce.
In Asia, as a more internet-savvy and health and environmentally conscious consumer takes center stage, emerging technologies are offering new opportunities and innovative solutions for people from diverse backgrounds and geographies.
Increasing supply chain resilience in Asia can help blunt the worst effects of climate change, improve biodiversity and closed loop thinking, and even help eradicate the scourge of modern slavery.
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 …
There is a growing trend of family investors supporting local entrepreneurs and giving back to society. For family offices that are equipped with the right know-how, impact investing can promote the kind of social mobility that is increasingly rare in this city.
Chinese policy makers are increasingly worried that the country’s rise could be stymied by the same demographic factors that bedevil Japan, which has become the poster child for an aging society.
The arts are a crucial economic engine that should play a role in the relaunch of Hong Kong in a post-pandemic world.
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.
