With over 171 million Internet users, Indonesia is the largest and fastest-growing digital economy in Asia. Indonesia’s digital economy is projected to swell to US$ 133 billion by 2025. And teleconferencing technology adoption in the country is relatively high when compared to its fellow developing peers in ASEAN.
The Coronavirus Disease 2019 (COVID-19) pandemic is one of the most impactful crises that shook global economies, restricted social activities, emptied public spaces, infected 182 million people, and has taken more than 3.94 million lives from 213 countries (as of July 2021) since its outbreak in December of 2019.
Spire DCEO, Japnit Singh , sharing what 480 days after Covid looks like to him and to the world. The changes people have to undergo and what future may bring for us.
The RCEP is set to be the world’s largest trade deal as it will account for a third of global GDP and cover half the world’s population.
While the growth rate of the economy is expected to decline marginally at a compound annual growth rate or CAGR of 6.7% by 2020, healthcare expenditure is expected to grow to USD 22.7 billion by 2021 at a CAGR of approximately 12.5% from 2017 to 2021
With a population of around 97 million, Vietnam is the third most populous country in South East Asia after Indonesia and Philippines. The country transformed from one of the world’s poorest nations to a developing country over the past few decades and is now on its way to become a middle-income, industrialized country in the coming years.
25 April 2019 Spire was honored to participate at the 26th International Franchise and Exhibition , Malaysia, 2019. The event was held on 6th April in Kuala Lumpur. Jeffrey Bahar, Deputy Chief Executive Officer of the Spire Research and Consulting group, shared insights on key trends in franchise industries in the Asia. Bahar discussed key […]
According to Pinterest UK, in early 2018, searches for ‘modest fashion’ increased by 500% , around the time of London’s first Modest Fashion Week. Modest fashion has gained tremendous public attention. Many popular magazines, such as Vogue and Forbes, have invested in the modest fashion market. According to the Los Angeles Times, the global apparel market is valued at USD3 trillion and according to the report of State of the Global Islamic Economy by Thomson Reuters, Muslim consumers are expected to spend more than USD368 billion on fashion by 2021. How far will the modest wear trend go?
Asia’s gaming market is evolving and becoming extremely volatile and competitive. In recent years, the Southeast Asian gaming industry has attracted the attention of investors, developers and analysts from Australia, China, India and elsewhere. Asian mobile gaming generated USD36 billion in revenue in 2017, where 97 per cent of the revenue was generated from the Philippines, Indonesia, Malaysia, Thailand, Vietnam and Singapore . How bright is the future of Asia’s gaming market?
Plant-based protein holds the same position in the food industry that Tesla does in the automotive industry. With an expected growth of USD10 billion by 2022 , it will potentially constitute one-third of the global food market by 2050 . The fourth Industrial Revolution is underway and plant-protein is at the forefront of this much-needed transformation in agriculture . Can plant-based food systems ensure global sustainability?