While the announcement of the Australia-UK-USA (AUKUS) defence agreement in the Indo-Pacific was hailed by security experts as a game changer, many companies have wondered how this affects their business in the region, if at all.
With over 171 million Internet users, Indonesia is the largest and fastest-growing digital economy in Asia. Indonesia’s digital economy is projected to swell to US$ 133 billion by 2025. And teleconferencing technology adoption in the country is relatively high when compared to its fellow developing peers in ASEAN.
The Coronavirus Disease 2019 (COVID-19) pandemic is one of the most impactful crises that shook global economies, restricted social activities, emptied public spaces, infected 182 million people, and has taken more than 3.94 million lives from 213 countries (as of July 2021) since its outbreak in December of 2019.
According to Pinterest UK, in early 2018, searches for ‘modest fashion’ increased by 500% , around the time of London’s first Modest Fashion Week. Modest fashion has gained tremendous public attention. Many popular magazines, such as Vogue and Forbes, have invested in the modest fashion market. According to the Los Angeles Times, the global apparel market is valued at USD3 trillion and according to the report of State of the Global Islamic Economy by Thomson Reuters, Muslim consumers are expected to spend more than USD368 billion on fashion by 2021. How far will the modest wear trend go?