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 …
As Asian economies face recession worries, many are putting climate action on the back burner – but climate resilience goes hand in hand with economic stability. Setting ambitious energy and sustainability targets supports green growth.
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 …
Women are indispensable to Hong Kong’s future growth; closing the wage gap, while providing more support at home, can pave their re-entry to the workforce.
After its mishandling of Omicron, Hong Kong needs a program of damage control to regain investor confidence and bring stability back to residents’ lives. That means building economic resilience, strengthening networks for trade and talent, and putting substance behind claims of being a world city.
The arts are a crucial economic engine that should play a role in the relaunch of Hong Kong in a post-pandemic world.