Conference Presentation, Panel, Fireside Chat
Lunch Program | The World in 2037: Asia On Demand
- Singapore is anticipated to maintain its status as a global technology and innovation hub through the development of world-class commercial infrastructure designed for long-term flexibility.
- Commercial real estate in agile markets is projected to see a shift where traditional two-year leases become obsolete, with coworking spaces expected to account for 20% to 40% of all commercial real estate by 2037.
- Grab aims to expand operations to nearly 150 cities by the end of the current year and reduce commute times between Bandung and Jakarta by 20% to 30% through data-driven efficiency and pooling systems.
- The commute duration between Bandung and Jakarta is further predicted to shorten to 30 to 45 minutes by 2037, coinciding with a projected 50% reduction in the total number of cars on the road due to autonomous and electric vehicle adoption.
- The Indonesia economy is expected to become predominantly digital, with the middle class doubling from 50 million to 100 million within the next 15 to 20 years and 30 to 80 million people joining this demographic annually across the region.
- iFlix forecasts significant subscriber growth in Indonesia, the Philippines, Pakistan, Myanmar, and Saudi Arabia, aiming to surpass the combined cable and satellite TV industry in Indonesia and the Philippines within two quarters.
- By 2037, emerging markets are expected to host one billion people capable of spending one dollar monthly on digital services, supported by a seamless payments ecosystem that may render passwords and usernames obsolete.
- Authentication protocols in 2037 are predicted to rely on 4-factor or 5-factor verification via phones and geo-fencing, while payment interfaces may evolve into invisible chips, Google Glasses, or similar technologies.
- A proposed no-permit policy for businesses valued under US$5,000 in Bandung is expected to generate 30,000 new enterprises within six months, with national implementation potentially attracting major investment over the next 20 years.
- Infrastructure development in 2037 cities, including those in Indonesia, is projected to be financed through private sector contracts ranging from 15 to 20 years.
- Macroeconomic indicators for 2037 include a CPI index 15% lower than current levels and sustained low interest rates, driven by reduced middlemen and greater product access.
- Digital payment adoption is expected to increase consumer control over spending and financial obligation fulfillment, with PayPal projected to invest approximately US$1.2 billion annually into risk management.
- Mobile connectivity initiatives aim to link Indonesian citizens directly to agriculture farmers, potentially enabling farmers to raise prices by 200% to 300% while lowering consumer rice costs.
- Future conference interactions by 2037 may utilize avatars or robots, coinciding with a lifestyle where individuals possess increased disposable income and leisure time.