Chart of the Week January 14, 2022: FDI in the GBA Ecosystem: Core vs Node Cities

Summary To propel the economic development of the Greater Bay Area, China’s State Development and Reform Commission signed the “Framework Agreement on Deepening Guangdong-Hong Kong-Macao Cooperation in the Development of the Greater Bay Area” in 2017. The involvement of Guangdong, Hong Kong, and Macau governments in this agreement marks the beginning of integrated development in […]

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Chart of the Week December 3, 2021: Wealth Accumulation amidst the Pandemic: Rising Global Wealth Inequality?

Summary Despite the economic ravage of the pandemic, the second half of 2020 saw an increase in global household wealth by USD28.7 trillion, 7.4% higher than the preceding year. However, not all countries witnessed this unprecedented trend of growing household wealth. Generous income support programmes and low interest rates enabled higher valuations of household wealth […]

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Chart of the Week November 19, 2021: Impact of data flow policies on ICT sectors

Summary Data is regarded as the fourth factor of production in today’s digital economy and plays an integral role in digital trade. In contrast with overly strict or relaxed data flow policy, a balanced approach will maximize the output of the ICT sector. Digital Economic Agreement (DEA) stipulations concerning data flows are deemed to improve […]

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Chart of the Week October 20, 2021: The pandemic in hindsight: Bali’s impetus for economic diversification

Chart of the Week October 20, 2021: The pandemic in hindsight: Bali’s impetus for economic diversification

Summary The global travel disruption had cascading effects on tourism and the supporting sectors in Bali. This week’s chart portrays Bali’s vulnerability to the worldwide border closure amid COVID-19 and underlines potential areas for diversification. Bali’s economy contracted by 9.3% in 2020, one of the worst-hit provinces in Indonesia. The loss of tourism revenue scraped […]

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Chart of the Week October 8, 2021: Singapore: Employment effects of Covid-19 Pandemic in Tourism

Note: The reported values are annual figures. 2021 data refers to as of 2021Q2. Summary As an international tourist destination and connection hub, millions of tourists visit Singapore annually. However, the recent border closure in response to the COVID-19 pandemic has affected the tourism sector’s revenue and employment, with spillover effects on other industries. Using […]

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Chart of the Week September 24, 2021: India’s Greenfield Investments from East Asia post New FDI Rules

Summary Since the November 2015 launch of the automatic route for foreign direct investments under the ‘Make in India’ initiative, greenfield FDI flows to India increased substantially. FDI through the automatic route does not require approval from the Government of India. The eased FDI norms enabled India to become the 9th largest recipient of FDI […]

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Chart of the Week September 10, 2021: Enabling the Digital Economy: – Leapfrogging in Asia’s Infocomm Infrastructure

Summary In Asia, where there is a clear recognition of the benefits of broad digital access, we see that there are signs of rapid technological leapfrogging in Infocomm infrastructure. The Service Penetration Rate of at least LTE/WiMAX mobile networks in Asia has ballooned rapidly in the brief period between 2015 – 2019. In most of […]

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