Southeast Asia is a dynamic region that is home to more than 600 million people. Countries across the region are experiencing rapid economic growth, with many playing key roles in the global economy. This growth is due in part to ambitious economic development plans that prioritize innovation. For example, Indonesia has unveiled the Masterplan for
Southeast Asia is home to nine percent of the global population and is one of the fastest growing economic regions in the world. But to realize its full potential, the region must embrace modern approaches to intellectual property (IP) that encourage investment in innovative ideas. This World IP Day, celebrating the theme “Women and IP:
Indonesia has made significant economic progress over the last several years, propelling itself from one of the “fragile five” economies, as named by Morgan Stanley in 2013, to the 10th largest global economy in terms of purchasing power parity. As the country recovers from impacts of the pandemic and builds its economy, Indonesia aims to further grow its knowledge-based economy and reduce its reliance on natural resources.
While the global community continues to recover from the devastating health and economic impacts of the COVID-19 pandemic, other infectious diseases continue to emerge. To meet those challenges, Indonesia has placed great emphasis on creating a resilient healthcare ecosystem. One key step Indonesia can take is to make changes to its patent law in 2023 that support timely access to new medicines and would also bolster the nation’s economy.
Explore the Countries
Indonesia has achieved significant health milestones, but rising rates of NCDs bring new challenges.
Malaysia can attract new foreign investment and improve health outcomes by better protecting innovation and reducing bureaucratic delays.
Increasing public-private partnerships in the Philippines will bring health care innovation to a rapidly growing population
Health care is poised to become a major economic driver in Thailand in the coming years.
The success of Singapore’s health care system can be attributed to strong policies and an integrated health system.