Category: Uncategorized

Nhon Luc Ly-CEO-AIA Myanmar; Son Nguyen-Country President-Chubb Life Insurance Myanmar; Daw Zarchi Tin-CEO

Slow and steady: The adoption of digital health systems continues with the help of private sector encouragement

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  Several policies aimed at developing a digital health care system in Mexico have seen the costs associated with bureaucracy decrease significantly. According to a policy brief published by the OECD in 2018, the simplification of government procedures across all sectors has seen the cost of administrative burdens decrease from 4.3% of GDP in 2012 to 2.7% in 2017. The health care sector stands to gain from state digitalisation efforts, especially as the administration of President Andrés Manuel López Obrador works towards its goal of

President Abdel Fattah El Sisi

From the source: Detailed look at the National Domain Extinction Law

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In 2019 controversy arose over the National Domain Extinction Law, which establishes that a person who owns assets that cannot be tracked or proven to have come from a legitimate origin, or assets that are a product of illicit activities such as organised crime, kidnapping, hydrocarbons and petrochemicals crimes, human trafficking, corruption, vehicle theft and extortion, can be deprived of the rights of holding or ownership. The debate began when lawyers, academics, private sector representatives and members of Congress warned that the law could violate the right to the presumption of innocence and respect for private property. Constitutional Question Specifically, these concerns point to Article

Nhon Luc Ly-CEO-AIA Myanmar; Son Nguyen-Country President-Chubb Life Insurance Myanmar; Daw Zarchi Tin-CEO

Signal of confidence: A host of new agreements following the APEC Leaders’ Summit promise to unlock new growth areas

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Despite being struck by a deadly earthquake in the first quarter of 2018, PNG managed to successfully stage the APEC Leaders’ Summit in November of that year, a meeting which resulted in the signing of a number of trade and investment agreements that are expected to have a significant economic impact. While investor appetite remains subdued as a result of high operating costs, regulatory obstacles and limited land availability, the hosting of APEC led to infrastructure upgrades such as new roads, a modernised airport and

Daouda Coulibaly-Managing Director-Société Ivoirienne de Banque

Taking care: Officials place importance on the health care system to improve the lives of citizens and boost economic development

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One factor that is hindering labour productivity and long-term growth in Papua New Guinea is the poor state of public health – although the picture is slowly improving. Advancing the country’s primary health care system is a priority for both the social agenda and economic plans, with the target to achieve universal health care a key part of the Development Strategic Plan 2010-30. A number of challenges must be overcome to implement this, however, particularly widening access and improving delivery in the face of insufficient

Éric N’guessan-Managing Partner-EY Côte d’Ivoire

Cable ready: Subsea cables connecting the country to Australia and Solomon Islands are set to boost internet speeds and capacity

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The Coral Sea Cable System (CSCS), backed by Australia, appears to be on track for completion by the end of 2019, bringing an additional 20 Tbps of capacity to Papua New Guinea as of 2020. Several project milestones have been completed, with all but the system commissioning stage of the project under way as of September 2019. At present PNG relies on two subsea optical cables that provide approximately 2.5 Gbps of capacity. However, costs remain high and services slow. Previously, a lack of government

George Richani-CEO-Al Ahli Bank of Kuwait

Leapfrog potential: Financial technology and digital development initiatives are made possible by improved internet access

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The World Bank estimates that improving internet access in Papua New Guinea could boost GDP by $5bn and create an additional 300,000 jobs by 2040. The completion of the Coral Sea Cable System and the National Transmission Network is integral to ushering in a new era in which digital technology can help address PNG’s development and financial inclusion challenges. This is crucial, as an estimated two-thirds of the population lack access to formal financial services, while some 2m people are living below the poverty line.

Nhon Luc Ly-CEO-AIA Myanmar; Son Nguyen-Country President-Chubb Life Insurance Myanmar; Daw Zarchi Tin-CEO

Trend patterns: Growth opportunities exist for textiles in diversified source markets, sustainable fashion and innovative fabrics

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Textiles were once the crown jewel of Tunisia’s industrial environment, representing 50% of employment and earnings. However, increased competition from abroad and domestic instability following the 2011 revolution saw 400 companies close down and 40,000 jobs lost since 2007. Given the industry’s record of job creation outside the capital and the potential to earn foreign currency through increased exports, the government has turned to textiles as a potential catalyst to boost rural employment and drive economic change. By the Numbers  With skilled subcontractors and globally

Éric N’guessan-Managing Partner-EY Côte d’Ivoire

Metering progress: The liberalisation of the electricity market was intended to lower costs, though consumers are still waiting for savings

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The Philippines’ electricity market has recently undergone major reform, as control of the Wholesale Electricity Spot Market (WESM) passed from the state to a new, independent body. The transition was formally undertaken in September 2018 with the creation of the Independent Electricity Market Operator of the Philippines (IEMOP) and fulfils an aim of the Electric Power Industry Reform Act of 2001 to establish a “strong and purely independent regulatory body and system to ensure consumer protection and enhance the competitive operation of the electricity market”.

George Richani-CEO-Al Ahli Bank of Kuwait

New standard: The success of the rehabilitation of Boracay Island is leading the way for environmentally conscious tourism

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  One of the Philippines’ most popular holiday destinations, Boracay is an example of how tourism growth can have negative effects if it is not handled correctly. An island covering 10.3 sq km, Boracay hosted one-third of all the country’s visitors in 2017. Unchecked development, insufficient waste water treatment facilities and overpopulation led to an emergency task force finding widespread environmental violations. The majority of sewerage facilities were draining waste into the sea and polluting the water. In order to rehabilitate the island, President Rodrigo

George Richani-CEO-Al Ahli Bank of Kuwait

In the know: Growing investment in higher-value outsourcing services

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  As with other business process outsourcing (BPO) and business process management (BPM) centres around the world, the Philippines is gearing up to face the significant challenges and opportunities presented by recent advances in automation. The IT-BPO industry in the Philippines generated $24.7bn in revenue in 2018, with call centres accounting for approximately half of the total. However, as automation does away with the need for many low-skilled jobs, greater attention is being paid to fostering the higher-value knowledge process outsourcing (KPO) industry, which includes creative process outsourcing, corporate digital solutions, and the development of software and video games. “BPO industries and creative companies are