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If you run a legacy operating business, you’ll eventually hit a Harvest Period where cash builds and looks like the finish line. It isn’t. Idle cash has a cost, and the businesses that compound value are the ones that treat a strong reserve as the staging ground for the next structural move, not the destination.

Each country in Asia is experimenting with AI in ways shaped by its demographics, industries, and politics. For a company weighing a move into any of these markets, the AI question is a market entry question.