Editor's Note

Resilient Growth Amid Global Shifts

In 2024, companies across Asia were caught between recovery, innovation and challenges driven by global and regional dynamics. While struggling with inflation, high interest rates and geopolitical uncertainties, many Asian economies rode out the storm with structural reforms, policy measures as well as technology growth in the economy. A number of countries faced strong consumer demand and economic momentum, including India, whose growth is based on infrastructure investments; and Taiwan due to its leadership in high tech semiconductor production. Optimism grew over tech hubs in Taiwan and South Korea as demand for AI related technologies continued to grow to help service Asia's growing role in global supply chains. For electric vehicles in South Korea, price pressures came from oversupply.

It was a tough year for China, with its sluggish property market and consumer...  >>More