The tourism sector is a significant economic contributor as it generates employment and increases business opportunities in many APO members. The Travel & Tourism Development Index 2021 of the WEF has the theme “Rebuilding for a Sustainable and Resilient Future.” Embedding inclusivity, sustainability, and resilience in the travel and tourism sector as it recovers can […]
The WEF Global Risks Report 2023 put climate change, adaptation, extreme weather conditions, and biodiversity loss as top global risks by severity over the next 10 years. Industry can no longer rely on conventional ways of producing and consuming products which have adversely impacted the environment. Focusing innovation specifically on greening business ecosystems would result […]
Public services are changing with advances in technology. With ICT tools, citizens can access government services efficiently and easily. Forty-six percent of Asia-Pacific citizens expect to access government services more frequently in the future, with 73% believing that services have become more digitalized since the pandemic (Deloitte Digital Smart, 2022). Government agencies face challenges in […]
The pandemic caused abrupt changes in people’s lives, healthy food has never been more important, and consumers have increasingly sought out organic labels (Organic Trade Association US, 2021). However, some stakeholders remain narrowly focused on crop productivity and short-term profits, overlooking significant damage to the environment, soil, climate, biodiversity, rural communities, and public health. Social, […]
SMEs are the engines of growth and innovation globally, accounting for 99% of all businesses and employing over 60% of the workforce. However, a study conducted by the WEF in December 2022 showed that 67% of SMEs found adopting digital transformation their top challenge. Hence, continued support is vital to ensure that SMEs are provided […]
