Blockchains, a disruptive technology, are currently affecting various sectors and have the potential to bring about significant changes in the economic, social, and cultural fabric of society. The WEF has identified 21 promising technologies, including the wearable internet, ubiquitous computing, the IoT, and AI-based decision-making, as transformative forces shaping the future. Despite the control exercised […]
Substantial gemstone resources are found in most APO member economies, presenting an opportunity for industry growth. Countries like India, Pakistan, Sri Lanka, and Thailand are well-known gemstone producers. Thailand reported that gems and jewelry products (excluding gold) generated USD8 billion, accounting for 2.8% of total export value in 2022. Pakistan has the fifth-largest reservoirs of […]
The APO Accreditation and Certification Program involves certification and recertification of CBs in members that operate APO certification of persons schemes. As a continuous improvement, the APO revised and standardized its certification of persons schemes on productivity specialists and GP specialists in 2023. Under the APO-GPS 201:2023 Requirements for Green Productivity Specialists scheme, CBs conduct […]
The COVID-19 pandemic caused significant changes in the lifestyle and service sectors, including remote work, social distancing, and altered business hours. These trends will likely persist postpandemic. It has thus become imperative for the sectors to elevate both managerial and employee skills, reimagine business models, and boost productivity, particularly through the integration and adoption of […]
According to a study by Accenture, AI has the ability to increase productivity by 40% or more. Through data collection, automation, decision-making, and cybersecurity, AI can boost profitability by an average of 38%. This can help free up valuable time for employees. Applications of AI in the service industry particularly boost productivity, client happiness, data-driven […]
