The digital economy has become a major engine of global economy. Green and low-carbon technologies have become new drivers for sustainable development. Asia-Pacific is ripe with opportunities for digital transformation, and a digital Asia-Pacific is rapidly approaching.
Note that this is of particular importance because SEA comprises over one billion of the world’s underbanked and unbanked populations.
This fact alone demonstrates that people here are hungry for financial inclusion, within a once-unattainable banking landscape.
Economic development: bridging the labor gap with equal access
In order for growth to happen, countries often focus on improving the labor productivity of their workforce, such as through job retention, job creation, and future-proofing the talent pool.
With the devastating impacts of the pandemic, these, together with private and public sector support such as subsidies and
upskilling for workers, will prove to be even more crucial in the coming years.