Showing 1 - 10 of 111
Heroes of productivity growth
News, Published on 03/06/2025
» Few doubt that productivity growth is good for society. It generally translates into higher wages, a consumer surplus (prices below what you are willing to pay), larger profits, and greater shareholder value. Less understood, however, is how productivity growth is created. New research from the McKinsey Global Institute shows that the lion's share comes from just a few firms making audacious moves.
Thailand Hosts APIC 2025, Driving Sustainable Innovation
Published on 22/05/2025
» The Federation of Thai Industries, Petrochemical Industry Club (FTIPC) proudly represented Thailand as host of the Asia Petrochemical Industry Conference 2025 (APIC 2025) under the theme “Ensuring a Transformed World Prosperity: Action for Planet with Innovation and Collaboration.” Held on 15–16 May 2025 at Centara Grand at CentralWorld, Bangkok, the event marked the 43rd edition of APIC and the third time Thailand has hosted the prestigious gathering.
Reshaping industrial real estate
Business, Published on 02/05/2025
» Fstoppers, a US-based photography gear company, faced a stark reality: producing a simple component domestically would cost over $80 per unit, compared to $7.50 in China, a more than tenfold increase. Their choice was not whether to reshuffle their supply chain but whether to continue selling the product at all.
Organon and partners drive innovation to strengthen healthcare access
Published on 07/03/2025
» Recognising the critical importance of women’s health in driving economic and social development, Organon (Thailand) Company Limited, in collaboration with Kenan Foundation Asia, the Ministry of Public Health (MoPH) of Thailand, and the United Nations Population Fund (UNFPA), held a roundtable discussion titled "Innovative Approaches to Women's Health" on March 6, 2025, at the historic Neilson Hays Library in Bangkok.
Time to promote use of digital IDs
News, Published on 03/03/2025
» We often take the ability to prove our identity for granted, but a government-issued ID is key to accessing essential services like health care, banking and registering property ownership. And not everyone has one. That is why United Nations Sustainable Development Goal (SDG) 16.9, which aims to "provide legal identity for all" by 2030, is so important.
Beyond the hype: Gauging AI's true economic impact
Oped, Published on 30/05/2024
» According to tech leaders and many pundits and academics, artificial intelligence (AI) is poised to transform the world as we know it through unprecedented productivity gains. While some believe that machines soon will do everything humans can do, ushering in a new age of boundless prosperity, other predictions are at least more grounded. For example, Goldman Sachs predicts that generative AI will boost global GDP by 7% over the next decade, and the McKinsey Global Institute anticipates that the annual GDP growth rate could increase by 3-4 percentage points between now and 2040. For its part, The Economist expects that AI will create a blue-collar bonanza.
How sustainable is Thai human development?
Oped, Published on 17/11/2023
» How sustainable is human development when the wealth of the richest 1% of the population is 2,500 times more than that of the bottom 20%?
Can river meet all needs at same time?
Oped, Published on 17/11/2023
» Population and economic growth -- including the switch to electric vehicles and the rapidly expanding use of digital technology, leads to higher global electricity demand, which is expected to double by 2050, according to In McKinsey's report "The Global Energy Perspective 2021".
Top consultancy undermining climate change fight: whistleblowers
AFP, Published on 07/11/2023
» PARIS - The world's top management consultancy McKinsey & Company is using its position as a key advisor to the UN's COP28 climate talks to push the interests of its big oil and gas clients, undermining efforts to end the use of the fossil fuels driving global warming, according to multiple sources and leaked documents.
Going global
Business, Wichit Chantanusornsiri, Published on 24/07/2023
» Why are Thai small and medium-sized enterprises (SMEs) unable to penetrate foreign markets as other countries do? Apart from a lack of courage in tackling obstacles to international trade, Thai SMEs' lack of research and development (R&D) is one of the key factors hindering them from entering the global market.