Reboot: How the Anwar Ibrahim Government Can Jumpstart Malaysia’s Startup Ecosystem Pt2

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After presenting our nine recommendations across the talent and market access areas, we conclude with our recommendations around funding – where the rubber really meets the road. 
If we want our companies to be competitive with their regional counterparts we can’t handicap them and hope they…Continue Reading

Singapore to tax and spend through global headwinds

SINGAPORE – Finance Minister Lawrence Wong expects “positive but slower” growth in Singapore this year due to high inflation and a slowing global economy, headwinds the city-state hopes to address through an expansionary budget designed to help households and businesses. Unveiling a S$104 billion (US$78.4 billion) spending plan in parliament on February 14, Wong said […]Continue Reading

Singapore’s budget touts family values but overlooks single parents

Singapore’s 2023 budget, announced by Finance Minister Lawrence Wong on Valentines Day, held increased grants and support for new families and working mothers as living costs rise. But some fear single parents may miss out and are calling for greater inclusivity.

The post Singapore’s budget touts family values but overlooks single parents appeared first on Southeast Asia Globe.

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China’s fate in the hands of its tightfisted consumers

It was a bleak year for the Chinese economy in 2022. Strict zero-Covid measures and regulatory crackdowns on the real estate sector and digital platforms slowed economic growth significantly. The annual real GDP growth of 3% was significantly lower than the official target of 5.5%. Chinese President Xi Jinping has indicated that the economy is […]Continue Reading

Rising specter of a quantum computing arms race

The future development of quantum computing may result in a “quantum arms race” if the United States and China continue to impose rules in the game-changing realm merely to suit their own national needs.   In a “Quantum Summer” scenario, governments and companies will join hands to develop the technology for commercial use, according to a […]Continue Reading

Chinese provinces spent at least US.6 billion on COVID-19 curbs in 2022

Declining state land sales revenue has also exacerbated local governments’ financial woes, which were eroded by China’s feeble growth, weak tax income and stringent COVID-19 restrictions. Analysts at Moody’s expect negative credit conditions for local governments in 2023 because of ongoing weakness in land sales revenue, persistently high fiscal deficitsContinue Reading