Export-Oriented Manufacturing: A Pathway to Economic Transformation in Southeast Asia

Export-oriented manufacturing (EOM) has played a pivotal role in global industrialization andeconomic transformation. Emerging after World War II, it helped rebuild war-torn economies andstimulated growth in developing nations.In East Asia, the “East Asia Miracle” (1960s–1990s) saw countries and territories like Japan, SouthKorea, Taiwan, Hong Kong and Singapore rapidly industrialize, reduce poverty and sustaineconomic growth through […]

Optimising Economic Development through surplus Power Generation in the Philippines

Global Economic Experts ascertain that economic growth and power generation are interlinked. As time progresses, the demand for electrical power usage increases due to a population hike and the needs of the industrial sector. The Philippines, popularly known as the Pearl of the Orient Seas, is focused on bringing a revolution in the power generation […]

The Next Evolution of ‘TV for the Future’ in Japan

According to a recent survey in 2024, Japan has the majority of its population in their 70s and in their 30s and 40s who continue to consume information and entertainment from Television networks. Newspapers follow closely as the second preferred medium by the same population group, even though, this number is dwindling very fast. Although […]

Protecting the People of Thailand through Innovations in the Insurance Sector

It was revealed in a recent report that Thailand’s Life Insurance sector amounted to THB 633.4 billion in total premiums accumulated for 2023. Post the COVID-19 pandemic, the popularity of this sector grew manyfold due to the rising popularity of health riders and flexible coverage options. Some reports also suggest that in 2023, there has […]

Supermarkets of Saudi Arabia: Ensuring Food Security and Economic Diversity

USD 16.37 billion; that is the estimated growth size of the Saudi Arabian Food Retail Market at a CAGR of 5.67 percent between 2024 and 2028. There is another report that suggests that the Saudi Arabia Retail market could grow at a CAGR of 4.40 percent during 2024-2032. Saudi Arabia has a strong growing consumer […]

MAS pushes for Quantum Security with Banks and Tech partners

The Monetary Authority of Singapore (MAS), DBS, HSBC, OCBC, UOB, SPTel and SpeQtral recently signed a Memorandum of Understanding (MoU) to embark on quantum security collaboration and study the application of Quantum Key Distribution (QKD) in financial services. QKD can help financial institutions (FIs) protect the exchange of cryptographic keys to address the cybersecurity threats posed […]

India’s Ultra-Rich to Get Exclusive Credit Card with Luxury Perks

A new ultra-premium credit card, Primus, has been launched in India, targeting the country’s growing population of ultra-high net worth individuals. The card, offered by Axis Bank in partnership with Visa, provides exclusive benefits and privileges tailored to the elite’s tastes and preferences. The move comes as India’s economy continues to grow, with a surge […]