The Asia Business Council conducted its annual survey of members in July 2023. Nearly half of the respondents show a growing optimism about business conditions in the upcoming year, anticipating Asian economies will continue to recover from the Covid-19 pandemic. However, economic challenges are at the forefront of their minds, with concerns about inflation, followed …
This year’s survey indicated an uncertain outlook for Asian businesses. Economies across the region are enjoying a return to business as usual and recovering from the effects of the COVID-19 pandemic. Yet the invasion of Ukraine has set off a chain of events that roiled global markets and left the world with no clear path …
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 …
Singapore’s Temasek is one of several government funds to go beyond their traditional mandate and fight the pandemic, not just by investing in the search for a vaccine, but also by supporting the production of medical goods As Hong Kong SAR, China prepares to launch its own Growth Portfolio, it needs to consider if there’s …
By almost any measure, the response to COVID-19 in much of Asia, East Asia in particular, has been among the world’s most effective. Measured by the absolute number of COVID-19 cases and deaths, or cases and deaths per 100,000 people, Asia has been more successful than the United States and most countries in Europe in …
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.
Ayala Corp is one of the oldest conglomerates in the Philippines with a history of supporting the wider community in difficult times. The company realized many years ago that it could be more effective during crisis situations by engaging a network of companies to coordinate relief efforts. In 2009, it helped establish the Philippine Disaster …
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 …
Esquel Group reaffirmed its commitment to sustainability by developing a reusable mask even as it was hit hard by the unfolding pandemic. 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 can go hand in hand with opportunity. The …
Leveraging its resources and expertise, Lenovo, a leading technology company 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 donations in North America and laptop donations to students in Milan and refugees in the …
