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We must act now.
Asia Pacific's Time
Duration: 00:01:23
Businesses across the region must accelerate their digital adoption in order to stay competitive. This will require identifying the right areas for digitalisation and prioritising technological solutions at appropriate places in their value chain. However, the ensuing security and data-related risks will require business and government to enhance data privacy and cyber-security policies.
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With rising global uncertainties, enterprises must proactively expand their regional presence to benefit from the growing opportunities across Asia Pacific. This will be even more relevant with the recent signing of the world's largest trade agreement, the Regional Comprehensive Economic Partnership (RCEP). Operational performance, product and process innovation, and go-to-market excellence will be crucial, with regional expansion in the services sector and growing digitalisation being high-potential areas.
Download the Executive Summary Download the full reportBusinesses must seize this moment to restructure their global supply chains and transition to new regional networks. This rapidly changing environment will allow nations to develop hubs in which corporations and start-ups, collaborating with academia and governments, work together to drive innovation.
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The region needs a workforce equipped with advanced and relevant skillsets for its near and long term future. Businesses should reskill employees’ for their entire careers through effective partnerships, whilst governments need to develop new long-term growth goals and identify the tomorrow’s jobs before revising their education strategies. This needs to be done with the support of business and local communities to develop the necessary talent for future growth.
Download the Executive Summary Download the full reportAsia Pacific is highly vulnerable to climate change and should take a leadership role in creating a net-zero future. Actors throughout the region must collaborate in the construction of a circular economy, while enhancing food security with innovative agritech solutions across the developed and developing parts of the region.
Download the Executive Summary Download the full reportRaymund Chao
PwC Asia Pacific Chairman ; Chairman, PwC China
PwC Asia Pacific Vice Chairman ; Australia Chief Executive Officer, Brisbane, PwC Australia
+61 7 3257 8623
Shyamal Mukherjee
Eddy Rintis
PwC Asia Pacific Vice Chairman ; Indonesia Territory Senior Partner, Jakarta, PwC Indonesia
+62 21 509 92901
Koichiro Kimura
Hoonsoo Yoon
PwC Asia Pacific Vice Chairman, Malaysia/Vietnam Managing Partner, PwC Malaysia
+60 (3) 2173 0762
Mark Averill
PwC Asia Pacific Vice Chairman ; New Zealand Chief Executive Officer, Auckland, PwC New Zealand
+64 21 646 418
Alex Cabrera
PwC Asia Pacific Vice Chairman ; Philippines Chairman, Makati, PwC Philippines
+63 (2) 8459 2002
Oon Jin Yeoh
PwC Asia Pacific Vice Chairman, Singapore Executive Chairman, PwC Singapore
Joseph Chou
PwC Asia Pacific Vice Chairman ; Taiwan Chairman & Chief Executive Officer, Taipei, PwC Taiwan
+886 2 27296666, x26693
Chanchai Chaiprasit
PwC Asia Pacific Vice Chairman ; Thailand Chief Executive Officer, PwC Thailand
+66 (0) 2844 1000
Van Dinh Thi Quynh
Damon Hickey
Peter Ng
Pauline Ho
Sanjay Tolia
AyTjhing Phan
Markets Leader, PwC Japan
Hwa-Joo Bae
Markets Leader, PwC Singapore
Kevin Lin
Niphan Srisukhumbowornchai
David Tay