Asean finance ministers recently concluded their 22nd meeting in Singapore, as the 10-country bloc embarks on the second half of its journey toward its centennial. Having come this far to be the longest serving grouping in the developing world, it is timely to ask, how has it fared economically? Assessments of Asean as a regional integration […]
Read MoreThe Association of Southeast Asian Nations (Asean) had a lot to celebrate when it marked its 50th anniversary last year. The region has undergone a significant transformation from a bloc of underdeveloped countries to become one of the world’s most dynamic economic drivers. Poverty has been reduced significantly and the quality of life has improved for […]
Read MoreSINGAPORE — Southeast Asia’s expanding digital economy in areas such as online retail and ride-hailing services is pushing the member states of the Association of Southeast Asian Nations to harmonize their policies and rules. “E-commerce is the new reality for businesses today, and is becoming an increasingly important tool for small and medium enterprises to […]
Read MoreIt might be the most dynamic region in the world but the Asia Pacific isn’t meeting its economic potential, and some of that has to do with gender equality, according to the McKinsey Global Institute. Targeted policies to achieve more women’s equality in Asia-Pacific economies could add $4.5 trillion to the region’s combined annual gross […]
Read MoreMANILA, Philippines – At least 25% of jobs in Southeast Asia may be automated in the next two decades, according to the International Labour Organization (ILO). ILO reported that workers in low-skilled, labor-intensive sectors, may be displaced by technology which has become increasingly accessible. “It is estimated that at least a quarter of jobs in […]
Read MoreGETTING PAYMENT platforms to “understand” each other, or to be “interoperable,” presents a huge opportunity to enhance intra-regional trade and business activity across Southeast Asia, and Thailand in particular. It is vital to a digital economy and Asean’s ‘Smart Cities’ aspiration which is essentially using technology and innovation to make cities more economically competitive and […]
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