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 …
The “Asia’s Challenge 2030” Global Essay Competition challenged students across the world to answer the question: How would you address some of the most important issues in Asia in the coming decade? Participants were asked to tackle a problem in one of three categories: Economy, Trade, and Finance; Environment and Public Health; and Cities and …
In May 2021, as India witnessed a deadly surge in COVID-19 cases, Asia Business Council members took immediate action to stand shoulder-to-shoulder with fellow members in India and help alleviate a humanitarian disaster of extreme proportions. In response to an appeal letter from Council Chairman Daniel Tsai and Vice-chairman Tak Niinami, members made donations to …
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 …
Ashley Faith Santoso, from the Atma Jaya Catholic University of Indonesia, proposes a technological solution to improve walkability in Jakarta by decreasing gender-based violence. Only 8% of Jakarta is walkable, a situation that the Jakarta Walkable 2022 vision aims to remedy. But in a country where three out of five women have experienced sexual harassment …
Chloris Jiaqi Kang, from the National University of Singapore, writes that addressing key challenges facing sustainable financing in private equity can help channel more private money for the public good in Asia. Given their unique combination of risk capital and operational expertise, private equity funds are well positioned to use equity to create the best …
Hanun Thalia, a student at Universitas Indonesia, writes about a novel technology-based approach for improving communication among family members, an approach that she argues can contribute to the achievement of the UN Sustainable Development Goals. KomU, an app, helps families learn to use the “I statement” and “sandwich feedback” methods of communication, two psychology-based approaches …
Henry Michael Mayhew, of University College London, argues that Asian central banks should incorporate equality considerations into their mandates. The rise of unconventional monetary policy has had outsized distributive effects, and with a growing body of research showing that inequality impacts economic stability, targeting a more balanced distribution of wealth can be seen as a …
Krati Gupta, from the Rajiv Gandhi National University of Law in India, makes the case for a greater role for Asia in global initiatives aimed at addressing responsible finance. The pandemic has brought the importance of environment, social, and governance (ESG) considerations to the fore, yet ESG investing in Asia trails behind other regions. The …
Matthew Flores, from the Ateneo de Manila University in the Philippines, makes the case for greater indigenous representation in urban design. The essay critiques the homogeneity of urban settings in the Philippines and around the world, the result of ideas of modernity and development that are rooted in colonial norms. If indigenous people are given …
