Skip to main content

Obesity gaining ground in Asia

Obesity is a growing threat to quality of life, healthcare systems and economies across Asia. Leon Perera, Chief Executive Officer of Spire Research and Consulting, shared his thoughts on the implications of rising obesity levels in Asia in China Daily – Asia Weekly.

According to a study by Cornell University in 2012, the U.S. spent USD190 billion a year on obesity-related healthcare. An epidemic long thought to affect only the western world has gradually crept onto Asian shores. Traditional food products are now being replaced by processed foods and fast foods in many parts of Asia.

Perera commented that obesity is strongly linked to ailments such as Type 2 diabetes and other chronic conditions. Obesity has also been linked to a rise in absenteeism and medical insurance costs. Though the impact of obesity on Asia’s healthcare expenditures is currently lower than it is in the U.S., it is on the rise.

Urbanization has driven the consumption of sugary and fatty foods and the practice of sedentary lifestyles among the expanding middle-class. But Perera commented that the poor are even more likely to consume processed and fast foods, as they are readily available, cheaper and faster to prepare when compared to home-cooked fresh foods.
Childhood obesity has risen sharply as well. If present trends continue, Asia would be home to 70 million obese children by 2025.

The good news is that Asian countries are gearing up to tackle this problem. China and Indonesia are set to undergo healthcare reform to better manage chronic conditions. Malaysia and Singapore, on the other hand, are implementing policies to reduce obesity rates through public awareness. Officials in Thailand have gone a step further and banned the sale of carbonated soft drinks at state schools.

Asia’s battle with obesity will continue to unfold in the coming years.

Comments

Popular posts from this blog

QE program unveiled for Eurozone

The European Central Bank (ECB) recently took a policy leap by launching its own Quantitative Easing (QE) program – a bond purchasing policy to inject new money to revive the Eurozone’s economy. Will it work? Leon Perera, Chief Executive Officer of Spire Research and Consulting shared his insights in The Business Times – Views from the top section on the effectiveness of the QE program. With the launch of the QE program, the ECB hopes to boost economic growth and check deflation. This will be achieved through the purchase of both government and private sector bonds worth €60 billion from March 2015 until September 2016. Perera commented that, while better than nothing, the ECB’s QE program is small in comparison with the scale of the problem facing Europe. It will most likely have to be increased and sustained for some time before any results are seen. Moreover, the ECB runs the risk of trading short-term quantity for long-term quality of growth. This is due to the reduced ...

Bangladesh – A journey from poverty to development

Equivalent to the combined population of the Netherlands, Germany and France, Bangladesh is home to 160 million people. Although it is ranked as one of the world’s poorest of the 10 most populous countries, its economy grew by 7.1 per cent in 2016, a 30 year record. The country is starting to attract the attention of global companies. Can Bangladesh make poverty history? The story so far Bangladesh’s recent economic upturn is attributed to two major factors: its robust NGO sector and its thriving garment manufacturing industry. Bangladesh exported over USD26 billion in clothing, second only to China. Bangladesh gained independence from Pakistan in 1971 after a devastating war. Just prior to the war, in 1970, a massive cyclone had hit the nation, killing thousands. Today Bangladesh’s GDP per person is USD1,538 in comparison to Pakistan’s at about USD1,470 in June 2016. Some analysts assess that Bangladesh has the potential to emerge as the 23rd largest economy in ...

Spire showcases findings of DiverseCity KLIAF 2017 Impact report

Spire Research and Consulting was invited to present DiverseCity KL International Arts Festival’s (KLIAF) 2017 impact report at the ‘Meet The Beneficiaries’ event organized by Yayasan myNADI with Prime Minister Dato’ Sri Haji Mohammad Najib bin Abdul Razak as the guest of honor. Yap Far Loon, Business Development Director and lead consultant at Spire Research and Consulting, presented an impact report on KLIAF 2017. The report assessed the impact on audiences, including special needs children in Kuala Lumpur (KL). The Spire study provided independent validation of the economic and social impact generated by the KLIAF. The Spire report also outlined capacity-building recommendations for the development of the KLIAF ecosystem. Yap expressed his gratitude during the ‘Meet The Beneficiaries’ event to both Nottingham University and Datin Sunita Rajkumar, the festival director of KLIAF, who handed a copy of KLIAF’s Post Event report to the Malaysian Prime Minister. The KLIAF ...

Will 3D printing enable the construction of permanent facilities on the moon?

On January 3, 2019, China became the first nation to land a probe on the far side of the moon. A rover was released to perform experiments in the Von Karman Crater, located in the South Pole-Aitken Basin. With the assistance of 3D printing technology, lunar facilities might be constructed there. Can permanent research bases for human beings be built on the moon? Read more :  https://www.spireresearch.com/newsroom/spirethoughts/will-3d-printing-enable-the-construction-of-permanent-facilities-on-the-moon/

Spire talks about ASEAN B2B marketing best practices for companies in Osaka

Spire participated in a seminar organized on Go-to-Market best practices in the B2B space in Asia. The event was held on 14th June in Osaka, Japan. Jeffrey Bahar, Deputy Chief Executive Officer of Spire Research and Consulting Group, shared insights on ASEAN marketing trends with senior executives of Japanese companies headquartered in the Kansai region of Japan. Jeffrey shared business-to-business (B2B) marketing tips for Japanese companies struggling to work with local partners in ASEAN countries. The Asian ‘Tiger Cub Economies’ country landscape is evolving, with new emerging economies joining the ranks. Vietnam has joined Indonesia and Thailand as one of the low-cost production hubs in ASEAN, whereas the Philippines has emerged to become one of the key markets for sourcing materials for secondary industries. Therefore, the right ASEAN countries should be selected depending on one’s market position and strategic intent. For certain industries, the market dynamics a...