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

The race to invest in Vietnam – How FDI is changing Vietnam’s economy and society

Vietnam’s economy has been among the fastest growing in Southeast Asia. Today, it is a key destination for Foreign Direct Investment (FDI) in the region. In 2016, FDI climbed to USD24.4 billion, a 9 per cent growth compared to 2015. This is despite Vietnam suffering an epic drought in 2016 and a third of its vast population of 93 million people living in poverty. Vietnam has won a reputation as a cheaper manufacturing hub compared to China. Could FDI propel Vietnam to become Asia’s next Tiger economy? A growing economy With a USD200 billion Gross Domestic Product (GDP), Vietnam’s economy is tracking well since the start of deep economic reforms – known as Doi Moi – in 1986. Since 1990, its GDP per capita growth has been one of the fastest among emerging economies, at an average 6.4 per cent (yearly) growth in the 2000s. Vietnam has improved provision of basic services. In 2014, the part of the population living below poverty line fell to 13.5 per cent – down from approxim...

Africa – the rising star in fashion?

Africa’s fashion industry is emerging as a serious global competitor and one that is known for its daring use of bright hues. Sub-Saharan Africa’s apparel and footwear market is now worth an estimated USD 31 billion. Singer Beyonce recently wore the Maki Oh label from Nigeria. African design houses are not limited to fashion but make luxurious accessories and jewelry. The rising fashion industry is good news for African economies. Textile factories are growing in number and capacity. However, the industry has been calling on African governments to invest more in training, finance and credit schemes as well as improved transportation infrastructure. This is necessary to help the industry attract the investment it needs to be competitive. Can Africa become a global fashion powerhouse? https://www.spireresearch.com/newsroom/spirethoughts/africa-the-rising-star-in-fashion/

Spire speaks on Omni-channel strategies for Indonesian retailers

Spire was honored to participate in the Samsung Top Achiever Retailer (STAR) event held on 22 August, in Jakarta. Albertus Edy Rianto, Senior Manager, Spire Indonesia, shared his insights on the significance of Omni – channel strategies for mobile phone retailers. Albertus discussed offline-to-online strategy, where multiple channels merge to help target customers across various channel platforms. He elaborated that more than 80% of Indonesian mobile phone retail sales in 2020 will still occur at physical outlets. However, 71% of Indonesians browse online for a while prior to shopping at a physical store. Factors that influence customers include better delivery conditions, storefront apps for better sales and even packaging. As customers become more tech-savvy and demanding, more consideration will be given to innovative payment processes and browsing more than one channel to make a purchase. As far as online purchases are concerned, 25% of customers still feel ...

Shanghai catches the eye of global healthcare service providers

Shanghai is set to become the next hub for quality healthcare services as new hospitals collaborate with established industry players. Will Chinese medical tourists check in at home for medical treatment? Leon Perera, Chief Executive Officer of Spire Research and Consulting, shared his insights in the Asian version of Japan’s Nikkei newspaper. Home to a population of 23 million – where 53% of the population is middle class and above – the city of Shanghai continues to lure more foreign investors in the healthcare segment for the affluent. Raffles Medical Group, Singapore’s premium private healthcare provider, has set foot in Shanghai with its first overseas hospital, part of a wider trend of premium healthcare service providers setting up shop in the city. Perera highlighted that the growth in healthcare services has been fuelled by the government’s policy shift to allow more foreign ownership of hospitals. The intent behind this is perhaps to retain some of the 60,000 me...

Internables – Next big thing in wearable technology?

As wearable technology grows, attention is shifting to internables. These are internal sensors in our bodies used to measure wellbeing. Internables may well become the new wearables. We are naturally looking for better ways of living, trying to minimize our time spent on mundane chores but maximizing productivity. The ability to augment our sensory abilities with advanced technology might herald a new beginning. For instance, the Sgnl smart strap – developed by Innomdle Lab – enables a user to make phone calls with their fingertips, via a mobile device. Will the ability to augment sensory abilities with technological advances become a reality? https://www.spireresearch.com/newsroom/spirethoughts/internables-next-big-thing-in-wearable-technology/