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Safety tops the tourism agenda

For the past two months or so, many of the world’s popular tourist destinations have been shuttered to visitors, leaving beaches, restaurants, shops, bars and streets almost empty. Now that the world is gradually reopening and people are stepping out again, they are faced with the reality that life today is a lot different from […]

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Coronavirus brings digital banking risks and rewards

SOUTH-EAST Asian banking players should ramp up digitalisation during the coronavirus pandemic – but they’ll have to be pickier about clientele, too. Despite the appeal of capturing under-banked populations in emerging markets, Fitch Ratings warned that both digital-only players and incumbents may have to hone their targeting as “these segments are likely to be the […]

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Asean firms and the future of work

The world of work is changing faster than ever, and machine intelligence is at the centre of this change. Most recently, artificial intelligence (AI) has played a leading role in the fight against Covid-19. Scientists have used AI to help predict future outbreak zones, sift through research, and even run simulations on drugs to determine […]

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Economic recovery seen faster in Asia

MANILA, Philippines — Emerging Asia economies are likely to recover faster from the pandemic compared with other regions in the world, said London-based think tank Capital Economics. In a new report, the research firm said while most economies in the region would contract by 10 to 20 percent in the first half of the year, […]

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Asia’s oncoming labour pangs to be “unprecedented”

THE oncoming rise in unemployment will dwarf that during the global financial crisis (GFC) said ANZ Research in a report on Friday, adding that it is unlikely to revert to pre-COVID-19 levels even after activity starts to normalise. In particular, the unemployment situation could be more severe in economies with large informal sectors such as Indonesia and […]

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