Physical mobility patterns have the potential to offer insights into asymmetries of movement. And this matters for our understanding of segregation. Using GPS records for Singapore, research by ACI studies how mismatches in wealth and ethnic mix relate to daily neighborhood visits. In other words, authors quantify how neighborhood visits are affected by mismatches in […]
Summary: The residential status of patent applicants indicates the source of inventions in a country. Different technological development strategies of nations affect the structures of patent applicants’ profiles. For example, China’s favourable policies towards domestic innovation culminated in residents’ share in the country’s total patent filings at 90% in 2021. In contrast, 86% of Singapore […]
Paradoxically, in today’s times of increased sensitivity to environmental issues, businesses with clear loyalty to sustainability are subject to more scepticism than ordinary corporations. A study by ACI surveyed 12 (out of 19) B corporations in Singapore to understand the challenges faced by these companies, and strategies employed to cope with them. The Certified B […]
As digitalization tightens its grip on the world economy, countries have sought to enhance and deepen their digital cooperation. Proliferating digital trade and the limited scope of digital commitments in the trade agreements paved the way for Digital Economy Agreements (DEA). DEAs are inter-governmental treaties that “establish digital trade rules and allow for digital economy […]
The ‘take, make, dispose’ approach that formed the bedrock of the linear economy has come under scrutiny with a growing focus on circular economy. With countries moving to build their own capabilities, regional groupings too have sought to address the issue collectively. As such, the Association of Southeast Asian Nations (ASEAN) has launched the Framework […]
Summary: The world economy has experienced multiple turmoils in the past three years. The COVID-19 pandemic brought the first wave of global economic decline, in which global GDP growth contracted by 3.3% in 2020. The global economy subsequently recovered in 2021, reaping an annual increase of 5.8%, amid the optimism that the arrival of vaccines […]
Summary: Asia Competitiveness Institute partnered JobTech to analyse real-time trends in the Singapore labour market. Our study of the job posting data from 2018 to 2021 finds the largest increase in demand for skills related to the STEM fields, such as scripting languages (Python), programming languages (Java), and software development. In contrast, the demand for […]
Summary: The pandemic has changed consumers’ habit. The overall retail sales in Singapore have recovered to the pre-pandemic level, but some sectors are still lagging. Instead of dining in the restaurants, some have opted to buy more from the supermarkets. The greater dispersion in retail sales indices imply reallocations of consumption among Singaporean consumers. Whether […]
Summary: In 2021, Singapore experienced a strong rebound in outward greenfield investments, mainly through investments in real estate, retail and the setting-up of data centres. The recovery in Singapore’s greenfield FDI outflows overtook most of the other top Asian investors. Highlights: Article By GEORGE, Ammu Graphic By Yixuan GE
Summary: ACI’s ASEAN Economic Competitiveness Analysis finds that Singapore’s labour market has traded off Labour Market Flexibility for Productivity Performance. Singapore has fallen from being the most flexible market at the start of the study in 2000 to being below the ASEAN-10 average in 2018. In contrast, the Productivity Performance of Singapore has grown with […]