Category: Spirethoughts

Generation Z Wants it All

Globally, generation Z’s income is expected to increase fivefold by 2030 to US$33 trillion as they enter the workforce, accounting for over a quarter of global income.

Rules of Origin: RCEP’s most potent ingredient

Spanning 10 ASEAN members, and Australia, China, Japan, South Korea, and New Zealand, the Regional Comprehensive Economic Partnership (RCEP) seeks to streamline trade agreements across 15 economies.

Demand for Designers driven by non-design sectors

Marketing and Advertising agencies are where design talents tend to congregate, it is the non-design sectors that are expected to drive design-manpower growth over the next 5 years. The non-design sectors include Education, User Interface (UX) and Mobile App Design.

The Zenith and Nadir of Global M&A

As global economies came to a standstill in Q2 2020, the value of global mergers and acquisitions (M&A) fell to a record low US$375.79 billion. However, by Q4 2020, the temporary slump in M&A activity had more than tripled to reach US$1.2 trillion, an all-time high since the 2009 financial crisis.

28 years to a Seafood-less future?

Marine fish capture hit a record 96.4 million metric tonnes in 2018. This is more than half of total global fish production (179 million tonnes) for the year.

40 million new entrants to SEA Internet Economy in 2020

Covid-19 is a game changer for e-Commerce in Southeast Asia (SEA). In 2020 alone, the region saw over 40 million new users joining the Internet Economy for the first time. This puts total internet users in SEA at 400 million, with the gross market value of SEA’s Internet Economy on track to hit US$350 billion by 2025.