The Association of Southeast Asian Nations (ASEAN) continues its rapid pace of urbanization and industrialization, making it a bright spot in the global economy. ASEAN’s growth relies on increasing amounts of electricity, and coal is an easy choice because it is cheap, abundant, and reliable. Unlike renewables, coal doesn’t need the sun to shine, the …
This opinion piece identifies global trends that should worry those steering the Hong Kong economy: a reversal of globalization, in favor of protectionism, and technological advancements that are making traditional jobs obsolete. By Asia Business Council Program Director Janet Pau.
With Donald J. Trump the President-elect of the United States, the momentous Joint Agreement on Climate Change, signed by U.S. President Barack Obama and Chinese President Xi Jinping, which was heralded as a rare moment of policy coordination, may soon be relegated to the dustbin of history. By Asia Business Council Adjunct Fellow Jill Baker.
Sales fell 45.9% to $688 million, and CEO Mark R. Widmar officially slashed sales guidance for 2016 to $2.8-$2.9 billion from $3.8-$4 billion, due to the timing of certain utility-scale solar project sales. By Asia Business Council Adjunct Fellow Jill Baker.
Asia’s Chief Executive Perspectives The Asia Business Council’s eleventh annual survey of members was conducted in July 2016. About half of the respondents believed business conditions will remain the same in the next 12 months. Almost a third expected improvement and a fifth expected conditions to worsen. Concerns included economic, political, and social uncertainties, particularly …
This briefing focuses on the opportunities and levers to unleash the potential of women, who present an immediate and sizable opportunity for Asia and the Gulf. Improving the education and workforce participation of women in the region is good for society, productivity, and the economy. Expanding opportunities and breaking barriers for women in Asia and …
We’re used to big numbers from China, but the reported 20 gigawatts or so of solar power that was installed in the first half of 2016 are worth a close look. By Asia Business Council Executive Director Mark Clifford.
South Korea’s Samsung group apparently bought into China auto maker BYD as a way of improving its prospects in China, where it has struggled against government protection of the local industry. By Asia Business Council Executive Director Mark Clifford.
One of China’s top climate scientists says that China is on track to see carbon dioxide emissions peak between 2020 and 2022, almost a decade earlier than the Chinese leadership has promised. By Asia Business Council Adjunct Fellow Jill Baker.
News that South Korea’s Samsung Electronics plans to invest in China’s leading electric vehicle maker, BYD, raises the prospect of a powerful alliance that could grab pole position in the world’s fastest-growing e-vehicle market. By Asia Business Council Executive Director Mark Clifford.
