The digital economy has grown in importance around the world. It refers to the broad range of economic activities that use digitized information and knowledge as key factors of production (Asian Development Bank, 2018). Enablers include the internet, cloud computing, big data, fintech, and other new digital technologies. Asia’s digital transformation is already having a […]
Summary: Working from home (WFH) in a small urban labor market. When do employees get to WFH and what type of employees get to do it? This week’s Chart of the Week sheds light using millions of text data from job postings in Singapore (courtesy of our partner JobTech). A simple string search to identify […]
Climate-related risks have received growing attention from policy makers in recent years (Dikau and Volz, 2021; Muller, 2021), and central banks and other stakeholders within the financial sector are believed to be better able to promote a sustainability agenda through the use of various initiatives. This article reviews the latest initiatives by Singapore’s financial sector […]
As Bali reopens its borders after an 18-month hiatus, how will Bali regain its economic momentum? What are the drivers of future growth and economic resilience? ACI’s recent webinar titled “Bali’s Roadmap to Recovery: Post-Pandemic Economic Strategies”, hosted on Thursday, 21 Oct 2021 in collaboration with Universitas Pendidikan Ganesha, tackled this issue in depth. Speakers […]
Despite the global economic decline that was experienced in 2020 due to the COVID-19 pandemic, China saw positive overall economic growth. However, it is seen that there are uneven rates of recovery between sub-national economies, especially pertaining to the secondary and tertiary sectors. Like most countries, China too had resorted to pandemic control policy measures […]
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 […]
Singapore’s continuous efforts to position itself as an innovation-driven and knowledge-based economy has been a prime priority in recent years. Over the past two decades, the Singapore government has undertaken a structural approach towards investments in Research and Development (R&D), through Research, Innovation and Enterprise plans, which are established every five years to dynamically work […]
Summary: There is a stark disparity in the percentage of COVID-19 vaccine doses administered across Indian states. At the aggregate level, around 513 million total vaccine doses have been administered. However, this week’s chart shows that percentage of doses calculated by dividing the total doses administered by the latest estimated population available is more than 70% across […]
Summary: As souring relations between the United States and China continue to take center stage and grab all the geopolitical headlines, attention on ASEAN has increased. The region has become subject to a geopolitical tug of war, and despite its protestations, are being increasingly pressured to choose between the two superpowers. This situation makes research […]
Despite being hit by the COVID-19 pandemic, China’s economy expanded by 2.3 percent in 2020. The government effectively controlled the spread of the coronavirus through strict lockdowns and other social distancing measures. Fewer face-to-face activities also led to increased online activities and, therefore, a burgeoning digital economy. For the successes it achieved despite a health […]
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