Industry 4.0 & Digitalisation in Southeast Asia

ASEAN

Oxford Economics and Cisco 2018

Research Paper

Executive summary Over the next decade, innovations in digital technology will present vast opportunities to ASEAN economies to boost their productivity and prosperity. The more widespread adoption of existing technologies, coupled with advances in the use of artificial intelligence (AI) through software, hardware, and robotics, has the potential to transform business capabilities. As a youthful region (half the 630 million inhabitants are aged under 30) with an internationally competitive manufacturing sector and innovative enterprises, ASEAN is poised to take advantage. However, digital tra...

Global

World Economic Forum (WEF)

Report

Based on a survey of 56,000 youths aged 15-35 years old from six countries in the Southeast Asia region (ASEAN), this report analyses the views of young ASEAN citizens on future of work, skills and technology. The survey finds that ASEN youths are highly aware of potential disruption and challenges brought by the Fourth Industrial Revolution to the local labour markets, and they are aware they must constantly upgrade their skills. It also details their skills gap, their future career aspirations and their preferences on skills training. The survey was conducted in in partnership with Sea....

Global

Bain & Company

Report

The digital revolution that has become such a powerful force for global change is still in early days in the ASEAN member states. ASEAN's digital economy represents only 7% of its GDP, compared with 16% in China and 35% in the US. However, the region has much to gain by laying the foundation for the digital economy to power and accelerate intraregional trade and growth (what we term "digital integration"). Digital integration will be critical for ASEAN businesses to compete at home and overseas - it has the power to turn small and midsize enterprises (SMEs) into regional and global players. Di...

Global

Association of Southeast Asian Nations (ASEC)

Book

The ASEAN economy constitutes a combined market size of more than 640 million people with a large and literate young population, and a growing middle class with a combined GDP of US$2.8 trillion in 2017. Expected economic growth remains stable at 5.2% for 2018 and 2019. Maintaining the growth momentum and strengthening the regional integration agenda will propel ASEAN towards becoming the 4th largest global economy by 2050. To ensure ASEAN continues to prosper, the growth of our economy should leverage upon the opportunities of the digital economy.    The 'resilient and innovative' of Sing...

Global

CIMB ASEAN Research Institute (CARI)

Report

The CIMB ASEAN Research Institute (CARI) is pleased to announce the upcoming launch of a publication titled "Advancing ASEAN in the Digital Age" at the ASEAN Business and Investment Summit 2017 on the 14th of November in Manila to commemorate ASEAN's 50th Anniversary.  This publication has been produced by CARI in collaboration with the ASEAN Business Club to capture the ideas and perspectives of business and though leaders, as well as policymakers on how the digital age will impact the economic prosperity of the region.  The publication contains close to 40 articles, including essays by h...

Malaysia, Singapore, Thailand, Vietnam

United Nations Development Programme (UNDP)

Report

This discussion paper is meant for those who are involved in policy debates on the digital economy, associated opportunities and challenges. Key concepts and technologies are explained and 3 case studies (Malaysia, Thailand and Vietnam) reviewed for insights into policy frameworks that may offer pointers for policy frameworks towards an inclusive digital economy in Asia- Pacific.  This discussion paper has been jointly published by the UNDP Global Centre for Public Service Excellence and the Institute for Systems Science (ISS), National University of Singapore (NUS). ...

Global

McKinsey Global Institute

Report

Building on the January 2017 report on automation, McKinsey Global Institute’s latest report, Jobs lost, jobs gained: Workforce transitions in a time of automation (PDF–5MB), assesses the number and types of jobs that might be created under different scenarios through 2030 and compares that to the jobs that could be lost to automation. The results reveal a rich mosaic of potential shifts in occupations in the years ahead, with important implications for workforce skills and wages. The key finding is that while there may be enough work to maintain full employment to 2030 under most scenari...

ASEAN

Economic Research Institute for ASEAN and East Asia (ERIA)

Report

The transition to a circular economy is a unique opportunity for fast-growing asian economies to be resource efficient, competitive, and innovative. The circular economy aims to eradicate wasteful use of raw material and energy from the manufacturing process as well as systematically throughout the various life cycles, and to reuse the by-products. By creating an enabling policy framework for circular economy, government can also motivate corporate leaders to achieve greater benefits for sustainable developments.   This book investigates the challenges and opportunities of how countries and...

Global

World Economic Forum

Research Paper

Fourth Industrial Revolution trends are disrupting long-established business models. Growing demand for customized products. Shifts and skill mismatches in production value chains. Digitization across every dimension of manufacturing. A volatile socioeconomic climate marked by protectionism and populism. These trends are transforming the production landscape, and leadership is no exception. The scale, complexity and urgency of today’s challenges are significant. How do leaders balance delivering short-term results while being stewards to their people? What takes primacy: shareholder a...