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Economic News

Will more sustainable plastics revolutionise waste management in emerging markets?
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− Governments and companies have signed pledges and bans to limit plastic waste − Recycled packaging could eventually supplant virgin plastic production − Innovative waste-management systems work to transform pollution into added value − Recent studies offer sustainable alternatives to help break down existing waste As an increasing number of countries ban single-use plastics, waste…
Economic News

How will China’s economic slowdown affect emerging markets?
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– China’s “zero-Covid” strategy is limiting output and suppressing consumer demand – The slowdown is also weighing on demand in countries that export to China – Commodities exporters have remained comparatively resilient – There is the opportunity for emerging markets to fill gaps in global supply chains With China’s economy slowing on the back of a strict Covid-19 containment…
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Will cryptocurrency expansion continue among emerging markets in 2022?
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– Cryptocurrency uptake continued to grow exponentially in 2021 – Emerging nations led the world in terms of crypto adoption – The new incarnation of blockchain-based currencies is driving uptake – Adoption is set to expand despite ecological and economicconcerns Emerging markets were at the forefront of last year’s massive growth in global cryptocurrency adoption. With this…
Economic News

Can border reopenings revive tourism in South-east Asia?
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– South-east Asian countries are relaxing border restrictions to drive a rebound in tourism – Some quarantine requirements have been abolished for selected vaccinated travellers – Vaccination levels, both abroad and at home, remain key to tourism revival plans After 18 months of travel restrictions, a number of countries in South-east Asia have begun opening their borders to foreign visitors…
Economic News

South-east Asia at the forefront of the CBDC revolution
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– Many emerging nations’ central banks are trialling or considering CBDCs – South-east Asia is at the forefront of digital banking and cryptocurrency – Cambodia has launched a CBDC, while several other states are undertaking trials – An East Asian common currency based on blockchain has been proposed The coronavirus pandemic gave rise to a massive acceleration in the spread of digital…
Economic News

ESG in ASEAN: a shared vision of sustainable recovery
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– Environmental, social and governance (ESG) criteria are growing in significance globally – ASEAN member states are increasingly oriented to ESG standards across the board – Green infrastructure, social impact and transparency are among the keyfocus areas – Coordinated efforts to boost ESG could spearhead the bloc’s Covid-19 recovery Environmental, social and governance (ESG)…
Economic News

Can infrastructure projects drive emerging markets’ Covid-19 recoveries?
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– Despite the economic slowdown, infrastructure projects increased by 5.5% in 2020 – Infrastructure development is likely to be a key growth driver this year – Green or sustainable projects are those most likely to increase in demand – Asia is leading the way for emerging market infrastructure development Many emerging markets are turning towards infrastructure projectsto stimulate…
Economic News

Asia: Economic Year in Review 2020
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– Thailand and Malaysia led the region in terms of government stimulus – Key digital solutions were developed in food delivery, education, health care and finance – Despite falling globally, M&A increased in Asia throughout the year – Emerging markets in ASEAN stand to benefit from the supply chain shift away from China Closely linked both geographically and economically to China,…
Economic News

How is Covid-19 changing South-east Asia’s super apps?
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After enjoying years of exponential growth, South-east Asia’s super apps have been forced to reassess their business models as a result of Covid-19, with many refocusing their priorities as they plan forthe post-pandemic world. In recent years so-called super apps – online or mobile platforms that combine multiple services into one app – have sought to continuously expand their offerings. While…
Economic News

Covid-19 and RCEP: make or break?
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At the start of 2020, the Regional Comprehensive Economic Partnership (RCEP) – potentially the world’s largest free trade deal – seemed on track to be signed by the end of the year. However, the coronavirus pandemic has slowed that process, raising some questions about when the agreement will be formalised. In what would constitute a significant win for multilateralism, the RCEP would bring…