‘A bit of dread’ watching Manchester United now, but fans in Singapore sticking with team

Mr. Chin pointed out that all of the current crop of people were acquired by various managers.

” In terms of building a team, you need to bolster that trust in each other… it’s the trust that is missing ( and ) a lack of familiarity with each other”, he said.

Amorim also now doesn’t have the types of players appropriate for his favored 3-4-3 formation.

But unfortunately, for enthusiasts like Mr Chin, nothing did sever their relationship to Manchester United.

” I grew up supporting them and there’s that connection to the team today”, he said. ” It doesn’t change my help”.

Jersey profits in Singapore support this increase.

At big sports merchandise retailer Weston Corp, that ‘s&nbsp, been a” little decline” in the number of Manchester United kits sold this season&nbsp, – but it remains the most popular team in terms of sales.

We sell more United kits than any other team, according to Weston producer Ami Chopra, who spoke to CNA.

” Supporters are quite loyal. When they support the pub, they support the club”.

WHAT ABOUT FUTURE FANS?

Mr James Walton, Deloitte’s activities business team leader for Asia Pacific and Southeast Asia, noted that Manchester United’s possible problems with&nbsp, revenue and sustainability rules could also have an effect on its fans.

These Premier League rules prohibit irresponsible spending and prevent wealthy donors from giving large sums of money to clubs. They also place restrictions on how much money a club can drop over the course of three seasons.

Last year, United wrote to buff parties warning that the team was at risk of breaching&nbsp, the laws.

Fans who want the group to be built around the two skills may be offended by its willingness to sell two of its brightest fresh stars, 20-year-old wing Alejandro Garnacho and 19-year-old playmaker Kobbie Mainoo, said Mr. Walton, Mr.

And attracting younger generations to the United fans may be a problem if performances keep falling.

” The challenge for sports team is that your older supporters usually stay loyal through the thick and thin, but perhaps the younger followers will be the ones you won’t get,” he said.

They may rather seem to just more powerful teams like Liverpool and Manchester City because they are just starting out and finding a group to support them, according to Mr. Walton.

” But ultimately, Man United is one of the two or three largest brands of football clubs in the world, and will always have a large support”.

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​US ending MAD doctrine to build an Iron Dome air defense system – Asia Times

President Donald Trump will matter a number of senior orders for US security, including the development of an Iron Dome system “like the one used by Israel to divert approaching missiles,” according to recently approved Secretary of Defense Pete Hegseth.

The old Mutually Assured Destroy ( MAD ) doctrine will no longer be effective in preventing a first strike, and the US could be the target of a devastating and fatal nuclear ballistic missile attack as hypersonic threats start to grow.

The US does not have an all-encompassing air defense system for the continental United States. Additionally, it lacks a system in place to stop the development of hypersonic nuclear missiles and delivery systems, including hypersonic glide cars.

On the East Coast, nowhere near the US border, nowhere near the US’s facility, or anywhere along the Caribbean Sea, the country has almost no full-time heat protection.

The Israeli Missile Defense Organization organizes an atmosphere exercise in cooperation with CENTCOM, US troops, and the Israeli Defense Forces. Photo: Israel Ministry of Defense

What Trump calls Iron Dome and what Israel calls it is important to identify.

Iron Dome ( Kippat Barzel ) refers to the air defense system created to withstand short-range missiles launched into Israeli territory from Gaza.

Iron Dome, in Trump’s use, refers to an integrated air defense system that may defend the United States from missile attacks.

Now Israel has an incorporated air defense system that includes Iron Dome, &nbsp, Iron Beam, &nbsp, David’s Rope, &nbsp, Arrow 2&nbsp, and&nbsp, Arrow 3&nbsp, plus&nbsp, much collection scanners. Israel’s program includes a ability to capture projectile missiles in the exoatmosphere and, perhaps, beyond. In collaboration with the US, Israel is likewise developing a new Bow technique, called Arrow 4. ( Israel air defenses have also been&nbsp, integrated with US radars. )

Tamir/Sky Hunter Interceptor. Photo: Rafael

Major US defense companies Raytheon ( now RTX Corporation ), Boeing, and Lockheed all contribute to Israel’s air defense programs under US funding.

RTX even markets&nbsp, Sky Hunter, a variation of the&nbsp, Tamir interceptor&nbsp, used in Iron Dome.

RTX is building a new facility in Camden, Arkansas to&nbsp, produce Sky Hunter&nbsp, for the US Marines. The Marine Corps requested$ 11 million for the system to help with the transition from quick prototyping to swift fielding, according to the FY-25 finances request. Rafael Advanced Defense Systems, an Jewish company that makes Iron Dome, owns a portion of the new service.

The partnership between the US Missile Defense Agency ( MDA ) and the Israel Missile Defense Organization ( IMDO ) is at the top level of US-Israel air defense cooperation. The IMDO is part of the Israeli Directorate of Defense Research and Development ( DDR&amp, D), at Israel’s Ministry of Defense. The MDA is a research, creation, and consolidation organization that works on ballistic missile security devices for the United States and its allies.

Headquarters of the Missile Defense Agency

The US is one of the least prepared allies to combat army ballistic missiles and other challenges, including robots. The lack of protection was intended, as those opposed to President Ronald Reagan’s Strategic Defense Initiative ( SDI) claimed that creating a missile shield was neither technically feasible nor politically acceptable.

Beautiful Pebbles: a stone emerges from its ‘ life jacket ‘ just prior to release. Photo: Wikipedia

The difficulty of putting fighter systems in space was the subject of the specialized debates in the mid-1980s.

( One of the Reagan proposals was called&nbsp, Brilliant Pebbles, an idea pioneered by Lowell Wood and Edward Teller at the Lawrence Livermore National Laboratory. )

The plan discussion claimed that SDI would stifle the Wild philosophy. The term” Middle East Assured Destruction” is derived from the idea that neither the US nor its allies would use nuclear weapons because the results of their use would be the party’s own destruction.

Arms control agreements were created with the goal of preventing any breakthrough that would allow the US or the USSR ( or its successor, Russia ) a way to establish a credible first-strike capability assuring that the nuclear assets of the other side would be destroyed before they could be used for retaliation.

While some claimed Wild to be a good way to prevent the use of nuclear weapons, people, including Reagan, saw MAD as a common murder agreement. A key issue was that one country, China, did not participate in hands control partnerships and continued to grow its nuclear attack skills. Another was the increase of more nuclear actors, most notably North Korea and Iran, who were both interested in joining them.

A ground-based interceptor ( GBI ) is transported to its silo during an emplacement on the Missile Defense Complex ( MDC ) at Fort Greely, Alaska. ( Photo: Sergeant Jack Carlson III )

The US put in place a ground-based fighter air defense system based in Greely, Alaska, and the Vandenberg Space Force center in California. The US Earth Based Midcourse Defense System includes GBI. A renewed work is now underway to update the fighter remove vehicles and install a$ 17 billion “next-generation fighter” for GBI. That multibillion dollars system has been plagued by various issues. An “interim option” of 20 submarines is planned for 2026.

It is claimed that GBI was primarily focused on a rogue state risk ( North Korea ) and no China, despite the existence of only a select few ships, 44, associated with it.

GBI employs a hit-to-kill capture system, which means that a non-explosive eliminate vehicle’s dynamic force causes an approaching ballistic missile warhead to be destroyed by the dynamic force of a non-explosive kill vehicle. It has been a source of issues and has been confined to dealing with maneuvering nuclear warheads. It is known as an EKV for exoatmospheric kill vehicle. A plan to redesign the kill vehicle, called RKV, &nbsp, was dropped&nbsp, after the plan was judged unworkable. Beyond the kill vehicle, a huge issue, radars associated with GBI also have had problems, particularly a radar known as&nbsp, Sea Based X Band. X-band radars operate in the 8 to 12 GHz microwave band.

Sea-based X-band radar.

The Defense Department appears to have plans to install a GBI system on the East Coast. At least four locations are under consideration, but the most likely is&nbsp, Fort Drum in New York&nbsp, near Lake Ontario. Congress has mandated an East Coast system to be in place by 2030 – although, without a workable system and funding, the 2030 date is optimistic.

The US also has forward-deployed THAAD (terminal high-altitude air defense ) systems, in Korea, UAE, Israel, Romania and Guam. THAAD is mainly an area defense system, and it has been used once, successfully, intercepting a Houthi-launched ballistic missile. That THAAD unit was running out of Israel. THAAD has a range of 150 to 200 kilometers ( 93 to 124 miles ).

THAAD arrives in Israel.

In addition, the US has AEGIS air defense systems on board US Arleigh Burke-class destroyers ( DDG-51 ) and Ticonderoga cruisers ( CG-47 ). AEGIS is thought to be successful in preventing ballistic missiles. There are around 56 AEGIS-equipped ships, although the US Navy is&nbsp, retiring some Ticonderoga-class cruisers.

The US also has three AEGIS-Ashore ( land based ) systems, one each in Guam, Poland and Romania. AEGIS-Ashore was also planned for Japan, but the Japanese government&nbsp, canceled the program, allegedly because of local opposition to interceptor sites near them. Japanese&nbsp, Kong ō class&nbsp, ships do have the AEGIS system, but there are only four ships. Two new Kongo-class ships&nbsp, are planned&nbsp, over the next few years. Additionally, Japan and the US are developing an interceptor designed to deflect threats from hypersonic aircraft.

Kong ō class&nbsp, of guided-missile destroyer.

AEGIS has been used to thwart Houthi missiles in the Red Sea. A key problem has been intercepting Houthi-fired anti-ship ballistic missiles. AEGIS has assisted in helping track threats and destroy Houthi missiles, and AEGIS has been hurriedly upgraded to account for the anti-ship missile threat. As of January, US ships have fired 120&nbsp, SM-2 missiles, 80&nbsp, SM-6 missiles, 160 rounds from destroyers and cruisers ‘&nbsp, five-inch main guns as well as a combined 20&nbsp, Evolved Sea Sparrow Missiles&nbsp, ( ESSM) and&nbsp, SM-3 missiles. SM-2, SM-3 and SM-6 are AEGIS missiles. In one instance, the USS Gravely had to rely on its Phalanx CIWS rapid fire short range gun to detonate a Houthi missile that the AEGIS system’s radar had detected.

AEGIS is crucial for US missile defense in the Red Sea and Persian Gulf as well as in the Pacific and Atlantic.

New types of threats

The current jumble of US ballistic missile defenses is not necessarily a suitable model to fulfill President Trump’s desire to build an Iron Dome for the country.

An American Iron Dome requires some crucial elements from the US. Among these components are highly advanced radars, hit-to-kill technology, sophisticated secure communications, space based sensors, and experience it can draw on from its deployments in the Middle East and Israeli know-how and experience dealing with enemy swarm tactics.

Russian and Chinese pursuing hypersonic platforms, including those of Russians like Avangard and Chinese threats, are likely to follow. China already has” the world’s leading hypersonic arsenal” according to the&nbsp, US Defense Intelligence Agency. The use of the Oreshnik intermediate range ballistic missile by Russia in Ukraine, which is a hybrid hypersonic glide vehicle with multiple kinetic warheads, demonstrates that conventionally armed missile defenses will also be challenged by nuclear weapons.

An Iron Dome for the United States, therefore, needs to account for both conventional and nuclear threats, for hypersonic weapons, and for serious problems of detecting and destroying the threats efficiently and effectively.

This implies that the US should look once more at Brilliant Pebbles and other space-based intercept capabilities for long range ballistic missile threats. A space-based approach is more likely to derail hypersonic glidecraft before they are launched by ballistic missiles.

The US needs to strengthen its ability to neutralize incoming threats at the theater level, whether on land or sea, for intermediate and short range threats. For this reason, it might be possible to use AEGIS and other systems to connect improved space-based sensors to improved land-based radars and create hypersonic interceptors.

Additionally, the US needs to increase its efforts on air defense integration and the use of artificial intelligence to combat increasingly sophisticated tactics, including various decoy types and maneuvering warheads. If properly developed, AI might be able to distinguish between a conventional threat and a nuclear threat.

A US Iron Dome is a daunting task, but it is necessary before a rivalry realizes it is simple to accomplish. That’s the chance of staying with MAD, which is why Hegseth and Trump are moving quickly to construct a US Iron Dome.

Stephen Bryen is a former US deputy undersecretary of defense for policy and a special correspondent for Asia Times. This article, which originally appeared on his Substack newsletter Weapons and Strategy, is republished with permission.

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Pakistan ex-PM Khan, wife appeal against graft convictions

Lahore: &nbsp, Pakistan’s imprisoned former prime minister Imran Khan and his family Bushra Bibi appealed against their views for graft on Monday, his attorney said. Khan, 72, has been held in custody since August 2023 charged in approximately 200 circumstances that he says are politically motivated. In the most recentContinue Reading

DeepSeek shows Trump tariffs doomed to fail – Asia Times

Foreign artificial intelligence business DeepSeek has shook world markets and challenged long-held beliefs about the usefulness of tariffs as a means of economic dominance. &nbsp,

A cost-effective AI model that runs on less-advanced chips, highlighted by its breakthrough, which poses a significant challenge for the United States: tariffs and other financial restrictions may no longer suffice to encircle and outpace China’s scientific rivals.

Revelations about DeepSeek’s low-cost success in the high-cost AI space&nbsp, rocked&nbsp, global technology stocks on Monday, with Nvidia’s shares down 9 % in premarket trading and Dutch high-end chip equipment maker&nbsp, ASML down&nbsp, as much as 11 %, according to breaking news reports.

Bloomberg reported the hitherto largely unheard-of startup ‘s&nbsp, AI assistant has &nbsp, rocketed&nbsp, to the top of the app download charts since it was released last week with capabilities widely&nbsp, seen as competitive with the likes of&nbsp, OpenAI, Google and&nbsp, Meta’s AI offerings. That, in turn, has called into question America’s supposed big lead over China in the AI culture.

Meanwhile, President Trump’s current threat to impose taxes as high as 60 % on imports underscores Washington’s rely on financial restrictions to sustain its global technical standing. Tariffs have been a key component of US efforts for years to stop China’s increase and maintain its position of dominance in important technology and other sectors. &nbsp,

However, DeepSeek’s success shows how rivals can develop around these measures, probably rendering them outdated. This success is a sign of a wider pattern. While the US has previously led in cutting-edge systems, China’s rapid development in AI and electronics is altering the balance of power. &nbsp,

By restricting China’s access to advanced cards, Washington probably aimed to slow its modern development. Alternatively, it has spurred Beijing to triple down on self-reliance, accelerating inventions that could release America’s hold on global supply chains.

DeepSeek’s milestone AI design is more than just a modern leap, it’s a tactical victory for China. It demonstrates how development can circumvent restrictions imposed by taxes and other financial tools.

Diminishing performance of taxes?

This change raises important questions about the US economic strategy’s coming. Tariffs could turn into relics of a bygone time if rivals could circumvent restrictions with more powerful alternatives.

Traditional uses for tariffs include imposing costs on rival companies, ensuring trade priorities, and safeguarding home industries. But, DeepSeek’s success casts question on whether these measures can also achieve their planned outcomes in an age of swift innovation. &nbsp,

China’s advancement was slowed by the US’s policy of restricting access to crucial tools like advanced semiconductors. Alternatively, it has good accelerated Beijing’s modern push, demonstrating the unintended consequences of an depending on disciplinary measures.

If more companies adopt DeepSeek’s strategy, the need for high-end US cards was drop, more eroding America’s liquidity in international markets. These outcomes now have a ripple effect.

The Nasdaq 100 has experienced strong falls, Western tech stocks are slipping, and market sentiment is a sign of growing unease over Silicon Valley’s ability to maintain its position as the leader in the Artificial supply chain.

Trump’s proposed 60 % tax danger highlights Washington’s battle to adapt its guidelines to a world that is increasingly defined by technical aplomb.

Although these steps may have the potential to strengthen the US, they also run the risk of isolating it from a rapidly expanding global business. Competitors like China are proving adept at finding ways to overpower financial and other considerations, leaving Washington’s techniques looking obsolete and responsive.

Day for a serious rethink

DeepSeek’s fall is a wake-up contact for US politicians. Tariffs may have once been a useful tool for shaping international business dynamics, but they are extremely unfit for the challenges of a world driven by development. If the US wants to maintain leadership in important industries, it must reevaluate its financial strategies.

More convincing approaches are encouraging domestic innovation, funding research and development, and encouraging international collaboration than doubling down on disciplinary measures.

The emphasis should move from imposing restrictions on rivals to fostering domestic growth and development. Without these modifications, the US runs the risk of losing ground in the world’s battle for modern supremacy.

DeepSeek’s victory is not just a step for China—it’s a reminder for America. If Washington continues to move on tariffs as its main tool of financial control, it will consider itself extremely sidelined in a world where development, not restriction, drives power, wealth and growth.

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The open secret behind DeepSeek’s success – Asia Times

It has become popular among Western analysts to speculate about the economic “miracle “‘s demise.

Slowing development, a worried real estate sector, and demographic shifts are frequently used as indicators of the situation. This tale has been further fueled by conflicts with the US, particularly during the previous two services.

Yet the photo is far more complex. Washington has so far avoided the broadest taxes and actions that his campaign speech suggested were a done deal under the administration of President Donald Trump.

However, three times before his commencement, Trump remarked:” I anticipate that we will solve many issues along, starting straight away. We talked about business balance, Fentanyl, TikTok, and several different topics. President Xi and I will do everything in our power to improve peace and security around the world.

These remarks suggest an implicit acknowledgement that China’s market is evolving, no collapsing – and that the United States, despite its speech, understands Beijing’s structural swings.

State-led rise to private-sector vitality

China’s first success was really driven by export-led production and state-owned weighty industry. Now, more than 65 of the 69 Taiwanese companies on the Fortune Global 500 are state-owned.

In recent years, Beijing has pushed for SOE mergers to boost “national warriors”, particularly in strategic areas. At a glance, such deeds might strengthen the tale of status dominance.

Yet the earth is evidently shifting. In the late 1990s, state-owned enterprises ( SOEs ) accounted for more than half of China’s industrial output. Nowadays, they produce almost 30 %. Private companies have become the website of productivity gains and job creation in the economy.

More than 60 % of GDP and more than 50 % of tax revenue are now made up by private companies. Consumption, long overshadowed by investment and exports, has risen in importance – from 35 % of GDP a decade ago to nearly 55 % by 2023.

By enabling greater access to medical facilities and improved funding options, innovative policies support private players. The goal is simple: maintain proper state control while utilizing the private sector’s vitality.

DeepSeek: technology with Chinese features

An example of this private-sector vitality is DeepSeek, founded by hedge fund manager Liang Wenfeng. A groundbreaking AI system developed on a relatively small budget, the company recently unveiled its R1 large language model ( LLM).

DeepSeek’s path challenges the notion that Chinese businesses rely only on state-driven technology. Instead, its story highlights the ability of the private sector to overcome local obstacles and physical limitations.

DeepSeek made novel teaching methods and “pure reasoning capabilities” without any controlled data, while rejecting the usual model of enormous resource investment seen in America. This is a step taken in the direction of an impressive path that deviates quickly from European norms.

DeepSeek developed unique marketing techniques to completely apply less strong GPUs, a miracle that has surprised US researchers because of hardware restrictions imposed by sanctions.

Using only 2, 048 Nvidia H800 GPUs and US$ 5.6 million, it trained a unit with 671 billion guidelines – close to efforts by British giants like as OpenAI and Google, which usually spend multiples of that number.

For Beijing, modern self-reliance has long been an economic feature of strategic goal. At a recent conference of companies with Premier Li Qiang, China’s second-most powerful chief, the communication was blunt:” Focus efforts to break through key main systems”.

DeepSeek’s victory coincides with this perspective. The company’s “local-first” method, which places its employees with PhDs from Foreign universities, best exemplifies Beijing’s wider plan to cut down on foreign tech while cultivating local talent. It is a part of a larger effort to create a self-sustaining development ecosystem that can withstand forces from both the world and the world.

From council lines to systems

Yet now, China’s economic development is usually misconstrued as a shift away from production. In fact, it is a move up the value chain.

The region continues to utilize its great developing skills, built over years, to occupy high-tech sectors such as renewable energy, electric cars and AI. DeepSeek’s increase mirrors the broader path of corporations like Huawei and ByteDance, which have transformed from followers into global entrepreneurs.

At the same time, China leads the world in AI-related patents and boasts one of the largest pools of graduates in science, technology, engineering and mathematics. More than 40 % of GDP is made up of the country’s digital economy, led by e-commerce giants Alibaba and JD.com.

Newcomers like DeepSeek are pushing the limits by demonstrating that even global-scale AI can be produced on smaller budgets when combined with the right combination of technical expertise and business acumen.

One of the most critical, yet sometimes overlooked, aspects of China’s continued economic strength is its unrivaled industrial and production base. This ecosystem, painstakingly built over decades of export-led growth, is not simply about low-cost assembly.

It is a vast, integrated network of suppliers, logistics hubs, specialized clusters and infrastructure that supports a range of high-value industries.

  1. Scale and Integration
    China’s network of factories is unmatched in terms of breadth and depth. From basic components to sophisticated semiconductor machinery, the country’s supply chain spans virtually every sector. Clusters of specialized suppliers allow companies to iterate quickly, reduce costs, and rapidly scale up production. This structural advantage has proven invaluable in high-growth areas like electric vehicles, batteries, and consumer electronics.
  2. Robust Infrastructure
    A highly effective transportation network that streamlines the flow of goods has been the result of massive public investments in roads, rails, and ports. China has a lot to do with maintaining its reputation as the “world’s factory” because of its ability to move large amounts of materials across long distances at affordable prices. In turn, this infrastructure underpins the development of cutting-edge sectors—from biotech to AI hardware.
  3. Economies of Scale and Rapid Prototyping
    Nowhere else can businesses move as quickly and affordably from concept to mass production as they can in China. Thanks to a dense network of component suppliers, R&amp, D centers, and testing facilities, Chinese firms can compress development cycles, a vital advantage in fast-moving fields such as renewables and advanced electronics. This synergy fuels innovation by allowing ideas to be tested, refined, and brought to market quickly.
  4. Policy Support for Upgrading
    Beijing actively promotes the modernization of traditional manufacturing. Initiatives like” Made in China 2025″ channel resources into high-tech industries, including robotics, aerospace, and new energy vehicles. These regulations also promote collaboration between SOEs and private companies, fostering innovation while protecting crucial sectors. The end result is a manufacturing ecosystem that is constantly moving up the value chain, as demonstrated by the success of businesses like DeepSeek, which profit from local suppliers of AI hardware and services.

This industrial backbone is more than just a piece of China’s past; it serves as a fundamental framework for the onset of its economic transformation. Companies developing large language models, EV batteries, or green technologies can tap into a powerful base of suppliers, technicians, and engineers, enabling them to iterate faster and scale more efficiently than competitors elsewhere.

China’s ability to move toward cutting-edge industries without giving up its manufacturing roots is supported by this synergy.

Against this backdrop, predictions of China’s imminent downfall appear short-sighted. The country’s current challenges, such as high youth unemployment and the real estate sector’s recalibration, are significant but not unique. When at comparable stages of development, major economies have experienced similar transitions.

When America’s GDP was roughly China’s current size, it grew at an average of 2.4 % annually. By contrast, China posted growth rates of 5.4 % in 2023, 5 % in 2024 and is projected to maintain 4%-5 % growth through 2025.

These figures, while lower than the double-digit expansions of the past, remain impressive for an economy of China’s scale. And with a GDP per capita of$ 12, 970 – significantly below the U. S. level of$ 83, 000 – China still has ample room for” catch-up” growth, especially as it invests more in education, innovation and domestic consumption.

Moreover, even incremental growth in a$ 17 trillion economy adds substantially to global GDP. Beijing appears committed to laying the groundwork for a more stable economic model, one that is more in tune with the burgeoning middle class of some 400 million people, by embracing structural reforms, encouraging private sector innovation, and unlocking household wealth.

Made in the USA, remade in China

Dismissing China’s economy as having “peaked” overlooks its ongoing metamorphosis. The growth of businesses like DeepSeek highlights the entrepreneurial spirit of China’s private sector in fostering innovation and overcoming constraints from outside.

The accomplishments of DeepSeek serve as a framework for a wider narrative of resilience, where challenges are neither insurmountable nor a sign of unavoidable decline.

A more nuanced perspective reveals China’s transition from an export-driven, investment-heavy model to one centered on domestic consumption and technological innovation. Its extensive manufacturing base is being upgraded and redeployed to support a high-tech future, far from being abandoned.

This evolution is a sign of China’s resilience, ingenuity, and capacity for reinvention, traits that continue to shape the opportunities for others in the global economy.

Marcus Loh is a director at Temus, a Singapore-based company that offers digital transformation services. He is responsible for Step IT Up’s business affairs, marketing, and strategic communications.

He was formerly the Institute of Public Relations of Singapore’s President, and he is currently a member of the SG Tech, the largest trade association for Singapore’s technology sector ,’s digital transformation chapter.

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BII, FMO and SUSI partners team up to support SEA’s energy transition | FinanceAsia

British International Investment ( BII ), the UK’s development finance institution and impact investor, has announced the launch of Sustainable Asia Renewable Assets ( SARA ), a new utility-scale renewable energy platform. SUSI Partners and Dutch growth bank FMO have been co-founded by SARA.

¬ Plaza Media Limited. All rights reserved.

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SC launches SARANA to widen financing options for MSMEs and small contractors

  • P2P websites have raised US$ 1.78 billion as of 30 September 2024
  • Offers two key financing options: billing funding &amp, pre-financing

SC launches SARANA to widen financing options for MSMEs and small contractors

SARANA, an alternative financing option offered by nine SC-registered peer-to-peer ( P2P ) financing platform operators under the government e-procurement system, has been made available by the Securities Commission Malaysia (SC ). Effective immediately, SARANA aims to address the working capital needs of micro, small and medium enterprises ( MSMEs ) and small contractors involved in government contracts for supplies, services, or works.

The program offers two primary financing options:

  • Billing financing: To support cash flow after deal supply.
  • Pre-financing: To give original working capital before task execution.

Participating P2P program providers include:

  • Bay Smart Capital Ventures Sdn Bhd
  • B2B Finpal Sdn Bhd
  • Capsphere Services Sdn Bhd
  • Crowd Sense Sdn Bhd*
  • P2P Nusa Kapital Sdn Bhd*
  • FBM Crowdtech Sdn Bhd
  • MicroLEAP PLT*
  • Modalku Ventures Sdn Bhd
  • Moneysave ( M ) Sdn Bhd*

( *Offers Shariah-compliant financing )

Supported by the government, as outlined in Budget 2025, SARANA offers an alternative to conventional financing, helping companies bridge crucial funding gaps. This initiative aligns with the SC’s Catalysing MSME and MTC Access to the Capital Market: 5-Year Roadmap ( 2024–2028 ), enabling greater access to capital markets via&nbsp, P2P platforms.

Since the SC introduced the P2P regulatory framework in 2016, these platforms have raised US$ 1.78 billion ( RM7.9 billion ) as of 30 September 2024, playing a crucial role in supporting locally incorporated businesses.

For more details on SARANA, explore www. sc.com. my/sarana

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Philippines, US, Vietnam, Indonesia train for maritime law enforcement cooperation

The education covered healthy vessel boarding at sea, coastal law, data collection and survival, safety and danger mitigation and imprisonment techniques, according to the statement. At the education, the Australian Border Force served as observers along with the coast guard, customs officers, and fisheries security personnel. In recent years, ChinaContinue Reading