Look for more geopolitical tensions and new technologies to continue a period of great disruption in supply chains, business models, and consumer behavior. By Asia Business Council Executive Director Mark Clifford.
Asia’s business leaders now start almost every discussion by talking about digital transformation. Human labour is a business risk, given the possibility of a future outbreak. Factories may become more automated, with fewer workers. By Program Associate Colleen Howe.
Hiro Mizuno rocked the world of traditional pension finance by putting environmental, social, and governance (ESG) at the heart of investments during his tenure as head of the world’s largest pension fund. Adjunct Fellow Jill Baker spoke with Mizuno about his crusade for ESG investing in his first interview since leaving Japan’s Global Pension Investment …
The relatively low infection and death rates in Japan, Hong Kong, Singapore, South Korea and Taiwan are a testament to investment in public health infrastructure, transparency and societies that prioritize group interests. By Executive Director Mark Clifford.
Because the coronavirus disproportionately affects people over 65, health care systems in countries with large elderly populations are struggling. The pandemic should prompt governments to consider how policies such as social distancing affect the elderly. By Program Associate Colleen Howe.
Lessons that should have been learned after the harrowing Sars experience were not: diseases like Covid-19 will happen from time to time in a hyper-connected world, and the trust and transparency that will fortify a society’s response to such a crisis is lacking. By Executive Director Mark Clifford.
Like the wildfires in Australia, the political flames in Hong Kong burn hotter with each outbreak. Given that the government shows no intention of heeding the public’s voices, corporate Hong Kong must get to work on community engagement. By Executive Director Mark Clifford.
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.
Chief Executive Carrie Lam’s strategy of waiting out the protests is not working. Meanwhile, businesses are caught between protesters and pressure from China. Protesters must find creative ways out of the impasse that will not destroy Hong Kong. By Executive Director Mark Clifford.