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HOW DOES ASIA VIEW THE US ELECTIONS? IS ‘DEMOCRACY AT WORK’ ATTRACTIVE?

Chairman and Founder of the Asia Scotland Institute, Roddy Gow OBE, has recently had the following article published in the Scotsman. As we have watched the drama play out on television and in the press that has been the US Presidential Election of 2020, how is this seen by others? Even in Scotland where we…

The future of payments is frictionless—now more than ever

A McKinsey & Company conversation with Amrita Ahuja, CFO of Square Cash is king when it comes to maintaining corporate liquidity. It is in a somewhat less prestigious position when it comes to fulfilling consumer-to-business transactions. The onset of the COVID-19 crisis and ongoing fears of infection have prompted consumers and businesses to rely more…

COVID-19 and European small and medium-size enterprises: How they are weathering the storm

Jonathan Dimson, Zdravko Mladenov, Ruchi Sharma, and Karim Tadjeddine – McKinsey & Company Small and medium-size enterprises (SMEs) have been the lifeblood of the European economy, accounting for more than two-thirds of the workforce and more than half of the economic value added. Yet the results of a recent McKinsey survey, conducted in August 2020,…

Hong Kong and Scotland

This article by Roddy Gow, Chairman of the Asia Scotland Institute, was originally published here, in the Friends of The Scotsman section of The Scotsman. Scots led the way in building successful businesses in Hong Kong. Now we should renew our economic edge by attracting entrepreneurs from Hong Kong to Scotland. Hong Kong’s population is…

COVID-19: Implications for business

No nation has escaped widespread disruption from the COVID-19 pandemic, but some have fared better than others. This McKinsey & Company report examines the state of the recovery in some of the emerging Association of Southeast Asian Nations (ASEAN) countries—Indonesia, Malaysia, Philippines, Thailand, and Vietnam—that began the crisis at a disadvantage and have suffered disproportionate effects.…

Major quantum computational breakthrough is shaking up physics and maths

The Conversation – Ittay Weiss, University of Portsmouth MIP* = RE is not a typo. It is a groundbreaking discovery and the catchy title of a recent paper in the field of quantum complexity theory. Complexity theory is a zoo of “complexity classes” – collections of computational problems – of which MIP* and RE are…

Reimagining the $9 trillion tourism economy—what will it take?

Tourism made up 10 percent of global GDP in 2019 and was worth almost $9 trillion, nearly three times larger than agriculture. But, the tourism value chain is fragmented, with limited coordination among SMEs and governments have generally played a limited role in the industry. COVID-19 has caused an unprecedented crisis for the tourism industry: international…

The future of Asia: Decoding the value and performance of corporate Asia

COVID-19 crisis is an unprecedented global challenge to public-health and  a major disruption to supply chains threatening long-standing business practices. But the dynamism, speed, and agility of companies in Asia have given the region resilience. Corporations in Asia have grown rapidly and risen to global prominence over the past decade. However, bigger has not always meant…