Tag : COVID-19

January 15, 2021

Lotte Group (South Korea) – Embracing “Open Innovation” in E-Commerce for the Post-Corona Era

For Lotte Group, the fifth largest conglomerate in South Korea, the response to the crisis was not just about braving the storms of the pandemic but also about accelerating pre-COVID-19 developments. Lotte saw its e-commerce app, Lotte On, as the key to its business transformation. Building on the idea of “open innovation,” or the practice

January 15, 2021

Temasek (Singapore) – Tapping Investment Expertise and Diverse Networks to Help Fight the Virus

Among its many initiatives in response to the COVID-19 pandemic, Temasek’s investments in medical initiatives best demonstrate its agility, resourcefulness, and innovation. Widely seen as one of the most sophisticated government-owned investors in the world, the Singapore-based company has been applauded for tapping its diverse networks and expertise to find solutions for global shortages of

January 15, 2021

Yoma Group (Myanmar) – Accelerating Financial Inclusion in a Time of Social Distancing

For Myanmar-based conglomerate Yoma Group, the COVID-19 pandemic was a defining moment in its service to the country. Although its acquisition of mobile financial services operator Wave Money was planned before the pandemic, it was the trying times of 2020 that truly underscored the importance of mobile money in promoting financial inclusion in Myanmar. The

May 20, 2020

The View: In a post-pandemic economy, Asian businesses will think smaller and safer, with worrying implications for many workers

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.

April 30, 2020

COVID-19: What can Israel learn from Asia’s 4 ‘tigers’?

South Korea has tested a larger percentage of its citizens for COVID-19 than any nation on Earth. Densely packed Hong Kong, despite its proximity to the rest of China, has seen only four novel coronavirus deaths to date. Singapore, long-known for its focus on cleanliness and its police-state mentality, had been doing an exemplary job

March 18, 2020

The View: The coronavirus epidemic is a warning for Hong Kong, and others, to prepare for the reality of an ageing world

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.