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View all search resultsDomestic economic pressures, driven by inflation and the rising cost of living, continue to weigh heavily on household sentiment. This has led to a shift in spending patterns, and understanding these changes is essential for businesses seeking sustainable growth.
BNPL is on course to contribute 12 percent of all e-commerce sales in APAC by 2023, with a projected BNPL net revenue of up to $1.5 billion in Southeast Asia that same year. Capitalizing on this expected growth will require a strategy that reflects the local landscape as well as rapidly evolving market conditions.
Despite its many challenges, 2020 marked a record-breaking year for renewable energy. Solar photovoltaics (PV) will be at the forefront of this continued opportunity in 2021-2022, with renewable energy expected to account for 90 percent of new capacity expansion globally.
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