Thanks to COVID-19, every member of the G7 is in a deep recession, from Japan’s 7.6% contraction to Britain’s 20.7%. China, the first country that reported an outbreak last January, is already back to growth. China may be the only major country to end 2020 with a growing economy. China owes its spectacular economic turnaround […]
Cornerstone Blog
Economists expect the Chinese economy to grow 10 percent
China’s gross domestic product (GDP) would increase 10 percent and it’s the economy would continue to be a global outperformer in 2021 while the Chinese central bank will start to hike lending rates next year, according to a recent research note by an international economic research firm Capital Economics. Chinese GDP would expand 10 percent […]
How Foodpanda is fostering culture, wellbeing, and work-life harmony among 7,500 employees
When it was founded in 2012, food delivery company Foodpanda was one of the first food delivery companies in the Asia region, with just a small team running its operations. Fast forward to today, and the firm is now operating across more than 300 cities in 12 markets including Singapore, Thailand and Malaysia, with a […]
DHL Express sees robust e-commerce growth driving global trade, delivery firms in the post-Covid-19 era
The strong momentum in e-commerce seen during the Covid-19 pandemic will continue to drive global trade and bolster express delivery service providers, even after the outbreak is brought under control by vaccines, according to the chief executive of DHL Express. “E-commerce is an enduring phenomena with much longevity ahead of it,” John Pearson said in […]
Baidu at 20 | The Story Behind
Baidu, Inc. meaning “a hundred times”, anglicized is a Chinese multinational technology company specializing in Internet-related services and products and artificial intelligence (AI), headquartered in Beijing’s Haidian District. It is one of the largest AI and Internet companies in the world. From a small search bar embedded in portal websites to a global technology leader, Baidu has traversed 20 years of development […]
5 Reasons You Should Coach a Leader
Why should you coach a Leader? By the time an executive gets into the top chair he or she has been through a lot and learned a lot. Or, if they have been recruited into the job, their credentials have been microscopically reviewed and evaluated. So, why would you need to coach a leader? Leadership […]
Being a Positive Leader Amidst Uncertain Times
The current Covid-19 situation has resulted in unprecedented change. If we once thought that the Industrial Revolution 4.0 (IR4.0) accelerated technology and digital adoption, it does not even compare to what the world has been through over the past year. More than ever, the health of businesses is urgently and visibly linked with the health […]
Three Reasons to Rethink Human Productivity & How will We Experience Work in The Future
Work productivity can be a controversial topic in Asia, given how many employees here have had to conform to traditional tropes and cultural pressures such as ‘presentism’ and working longer hours to demonstrate that they are doing more, or just enough. For leaders who are questioning how they can make their employees more productive in […]
LG Chem to double China battery capacity to meet Tesla demand – sources
The firm, a supplier for Tesla’s Shanghai-built Model 3, will also ship its increased output from China as well as Korea to Tesla’s factories in Germany and the United States, said two people with knowledge of the matter, signaling an increased role in the supply chain of the world’s leading EV manufacturer. The plan comes […]