In the closing session of the 21st World Economic Forum on East Asia, business and civil society leaders focused on the benefits of connectivity but warned of the risks
The 2013 World Economic Forum on East Asia will be held in Myanmar
For more information about the World Economic Forum on East Asia: http://wef.ch/EA2012
Greater interconnectivity means heightened risk and increased exposure to the impact of sudden shocks
While East Asian economies are more resilient today than before, they must continue to deepen collaboration to improve their individual and collective capacity to weather crises
Business and government, in particular, must work together to prepare for natural disasters
For more information about the World Economic Forum on East Asia: http://wef.ch/EA2012
Report confirms developing world’s growth surge has helped redefine global financial competition, creating a historic opening for firms that innovate
Financial institutions active in emerging markets have benefited from a growth in market capitalization of US$ 572 billion from 2006 to 2011
Through 33 case studies, the report showcases financial services innovation in Asia, Africa, Latin America and Europe
The Redefining the Emerging Market Opportunity: Driving Growth through Financial Services Innovation report is published by the World Economic Forum and The Boston Consulting Group
New report assesses the competitiveness of the travel and tourism sector in eight ASEAN countries in the context of 139 economies; see the full rankings
Singapore ranked highest among ASEAN, followed by Malaysia and Thailand; Cambodia, Philippines lag behind
Natural and cultural heritage, government prioritization, security, price competitiveness among key strengths
