MRANTI launches KL Innovation Belt to spur Malaysia's startup ecosystem

  • Over the next three decades, plan to build KLIB centres in Bukit Jalil and Bangsar.
  • Industries such as electricity &amp, greentech, manufacturing &amp, technology, agriculture

The KL Innovation Belt was announced during the recent KL20 Summit.

With the launch of the KL Innovation Belt (KLIB ), a one-stop center for startups and investors, Technology Innovation Park Malaysia ( TiPM/MRANTI ) is issuing a clarion call to all innovators. The ground-breaking system of centres across the Klang Valley is intended to serve as their successpad, which was announced at the KL20 Summit in April.

[MRANTI’s fresh name, TiPM, was approved by the board. [Update: The name change will be made soon. ]

The Ministry of Economy has taken the initiative known as KL20 to make Kuala Lumpur the top-20 international business hub by 2030. By creating a centralized, attractive ecosystem that brings up businesses, investors, and academic institutions, this plan aims to spur innovation and economic development.

However, the release of the KL20 Action Paper outlines over 20 revolutionary reforms to lead strong growth and investment in Malaysia’s it sector.

KLIB touted to enable businesses and buyers

According to TiPM the KLIB helps companies and investors by fostering engagement, technology, and growth, enabling them to grow to greater heights.

Chang Lih Kang, Minister of Science, Technology and Innovation ( MOSTI), said,” We welcome you, as a Pioneering Innovator, to be part of a community targeted to grow within the next three years into a network of 500 companies, investors and industry leaders, with potential to collaborate with like- minded people whilst having access to support services tailored to your business”.

These hubs may concentrate on nurturing vital sectors including energy &amp, greentech, manufacturing &amp, automation, agriculture and Muslim economic services, aiming to foster a self- sustaining startup ecosystem that promotes constant innovation and growth.

Each hub will have easy access to government agencies and dedicated co-working spaces for networking events.

Dr Rais Hussin, CEO of TiPM said, “KLIB Innovators also stand to benefit from scalable office space that can accommodate up to 100 companies at any one time, high- speed internet, convenient access to transportation, as well as, important facilities such as F&amp, B and leisure”.

In addition, innovators will have access to investor pitch sessions and direct access to a pool of potential investors. TiPM will offer special rental and utility packages for the first three years in addition to the initiative, which will also include significant incentives for early movers.

Interested parties are encouraged to register their interest at http ://www.mranti.my/klib

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KL20: Dr V Sivapalan on changing the startup narrative, building enduring companies, and nation building

  • Now, companies are more financially secure and economically sound.
  • Giving up is a fundamental tenet of Soonicorn Collective, which helps to sustain ecosystem.

KL20: Dr V Sivapalan on changing the startup narrative, building enduring companies, and nation building

” No more fun and flip”, quipped Dr Sivapalan Vivekarajah ( pic ), Chairman &amp, Senior Partner of Soonicorn Collective &amp, ScaleUp Malaysia, at his presentation on 23&nbsp, April at the KL20 Summit. It was a stark reality search for members.

The Silicon Valley Narrative, in his opinion, has been the one tale that has persisted throughout the business habitat in Malaysia for the past 20 years.

Firstly, you must raise as much money as you can, and as many times as you can, but you do n’t spend enough time building your business. &nbsp,

Next, you need to spend the money you raise and double your income two to three times per year, without worrying about the results. &nbsp,

Finally, you may develop huge- then flip the company to an innocent buyer and” we all get rich”, he said.

However, this has a drawback. He continued,” This tale is scam,” citing the fact that not many businesses in Malaysia or even those in its neighboring countries have successfully done this. Plus, most companies know that M&amp, A fail most of the time, but hardly anyone in Asia buys this storyline.

He claimed that he has spent 25 years in this habitat, and that he has not even identified 10 big corporations in Malaysia that have bought startups in the last five to ten years.

The truth is that in Asia, raising money is difficult, and there is a good chance that the faucet will nearer when raising and flipping. &nbsp,

However, the last couple of years were the hardest years previously to increase money and it is still difficult today, to which Sivapalan may attest to based on his 51 investments, 16 of them specific and 35 with his Scaleup Malaysia accelerator. &nbsp,

Even in the US, where many companies have very strong balance sheets and very high income, getting acquired is n’t common.

KL20: Dr V Sivapalan on changing the startup narrative, building enduring companies, and nation building

Sivapalan, sharing data from KPMG research ( chart ), showed that even in the US, where we are led to believe that startup acquisitions happen all the time, &nbsp, significant M&amp, A activity only happened in seven quarters between the 2016 to 2023 period. In every other third there was &nbsp, pretty little M&amp, A action. &nbsp,

The only times when&nbsp, M&amp, A&nbsp, does happen is when times are good, because according to the Harvard Business Review, between 70 % to 90 % of M&amp, A in the US actually fail. &nbsp,

 

It’s time to alter the tale, it is time to get back to basics

Furthermore, Singapore venture capital firm (VC ) Insignia, which recently raised US$ 1 billion ( RM4.75 billion ) stated that when it comes to building resilient companies in ASEAN, “fundraising today favors the financially robust and capital efficient”.

Seizing on this, Sivapalan stressed,” The good thing about Indonesian companies is that most of them are money successful”.

Indonesian companies have been forced to get money successful, he explained, like Singaporean VCs who are looking for bargains in Malaysia, because they, in contrast to firms in Singapore and Indonesia, have raised ridiculous amounts of money and are now struggling.

Sivapalan instead suggested founders consider the IPO route, noting that some of the world’s leading tech companies did so. Sivanaran opposed the raise and flip strategy. This is the route to building a lasting business, he said.

Siva dispels the myth that startups struggle to obtain IPOs. Everyone says going public about IPOs is difficult, but not the smart VCs. Those that tell you the IPO route is hard, want you to flip”, he said.

Siva shared that in Malaysia, if one can generate US$ 2.11 million ( RM10 million ) in profit a year, an IPO is guaranteed with bankers lining up to help you. &nbsp,

Thus, driving home his key message, Siva stressed, “you have to rethink this narrative, and think of building enduring businesses”.

 

The Soonicorn Collective and nation-building

KL20: Dr V Sivapalan on changing the startup narrative, building enduring companies, and nation building

Sivapalan recently launched the Soonicorn Collective, a membership- driven community platform for Malaysian CEOs to leverage their knowledge, networks and experience to build better leaders, companies and ecosystems.

His motivation? Imagine a group of these kinds of people, Sivapalan said,” If a single person can make a difference in this world, you can multiply that change, you can make a real difference in this world.”

The best startup founders are united in order for them to collaborate and create better and stronger businesses, according to” we have a mission to bring them together.” We are aiming to improve the ecosystem for everyone by raising all the ships as a result of a rising tide.

So far, the collective has made policy recommendations for budget 2024, two of which were accepted. &nbsp,

” We also recently had a meeting with the Deputy Minister of International Trade, giving recommendations and working with the Ministry of Investment, Trade &amp, Industry. Even if half of the recommendations are accepted, they are going to make it easier for businesses to grow exports”, he said.

” You have to be the change if you want to make a difference. We want to make sure the ecosystem is better for everybody, and we’re getting together to do that”, Sivapalan said.

To join, one has to not only be a tech company, but also be a CEO/C- level founder, generate at least US$ 1.79 million ( RM8 million ) in revenue, or have raised a minimum of RM2 million funding. &nbsp,

Since there is a lot of assistance for young startup companies already, the collective is for the more mature companies, and there is little assistance for late-stage businesses.

So far, the collective has 20 companies with sales last year of RM217 million with projected 2024 sales of RM766 million with projected exports of RM290 million. They have raised RM156 million in funding, and have a total headcount of 1, 260.

]RM1 = US$ 0.211]

KL20: Dr V Sivapalan on changing the startup narrative, building enduring companies, and nation building

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NSG BioLabs drives biotech innovation in Southeast Asia with support from EnterpriseSG, Merck, and investments from Celadon Partners and ClavystBio

  • Committed to help inventors, contribute to S’pore’s biotech habitat
  • Announced a US$ 14.5 million funding from Celadon Partners and ClayvstBio

 NSG BioLabs drives biotech innovation in Southeast Asia with support from EnterpriseSG, Merck, and investments from Celadon Partners and ClavystBio

NSG BioLabs, Singapore’s company of biotech co- working labs and workplace space has announced partnerships with Enterprise Singapore, the Singapore government agency championing enterprise development, and Merck, a leading science and technology company, to boost the biomedical landscape by providing needed resources for as funding, expertise and networks to advance startup research and development. &nbsp,

In a statement, the company said it has also concluded a US$ 14.5 million ( RM68.7 million ) financing round led by Celadon Partners, an Asian private equity firm, and ClayvstBio, a life science investor and venture builder set up by Temasek to accelerate the commercialisation of breakthrough ideas to health impact. &nbsp,

It added that these achievements reaffirm the company’s power and expertise in providing higher- quality, nicely- managed, and turnkey Biosafety Level 2 accredited laboratory and office spaces. Also, these milestones underscore NSG BioLabs as an ecology precursor, providing value- include services and networks, which are critical in driving technological innovation and business growth.

Since 2019, NSG BioLabs has been assisting innovators in creating effective solutions in the health, medical, agrifood, and professional biotechnology sectors, working in areas like as precision medicine, nucleic acids, AI- enabled drug discovery, and artificial biology. The company has assisted over 40 businesses as residents with what it claims to be the biggest co-working biotech laboratory and office footprint in Singapore. &nbsp,

 NSG BioLabs drives biotech innovation in Southeast Asia with support from EnterpriseSG, Merck, and investments from Celadon Partners and ClavystBioThe company’s current residents include numerous multi-billion-dollar corporations as well as numerous promising startups that have achieved significant success. The startup residents have already established hundreds of jobs and successfully raised nearly US$ 400 million ( RM1.9 billion ) in funding. &nbsp,

NSG BioLabs, the company’s CEO and founder, Daphne Teo ( pic ), expressed her support for innovators and how proud of its contribution to Singapore’s expanding biotech ecosystem. We hope to encourage greater collaboration among other stakeholders to benefit the biotech industry in Singapore and the Asia-Pacific region, she said.” Our partnerships with EnterpriseSG and Merck demonstrate the importance of a collaborative spirit.”

” We are thankful for the recognition from our investors, Celadon Partners and ClavystBio, and look forward to further empowering our residents in their innovation efforts through expanded facilities, enhanced value- add offerings, and greater exposure to valuable industry networking and mentorship experiences”, Teo said.

NSG BioLabs has been part of EnterpriseSG’s Startup SG Accelerator programme since 2019. In order to accelerate the development and commercialization of such deep tech solutions, the company announced a new partnership with EnterpriseSG to invest in and nurture more high-potential biotech startups. In particular, the company expanded support for those with promising innovations in fields like precision medicine.

Dr Clarice Chen, director of Healthcare and Biomedical, EnterpriseSG stated that Singapore’s biotech landscape has evolved significantly, with a burgeoning community of global startups and doubled healthtech deals in 2023. By providing patient capital, infrastructure, and expertise, EnterpriseSG will continue to collaborate with industry partners like NSG BioLabs to advance the development of novel deep tech innovations like AI-enabled platforms and targeted therapies. This will strengthen Singapore’s edge in precision medicine and revolutionise healthcare delivery”, she added.

The newly acquired funds from Celadon Partners and ClavystBio will be used to improve its products and services and build additional facilities to meet the growing demands of biotech startups and multinational companies in Singapore and Southeast Asia, according to NSG BioLabs, in order to further its mission of supporting biotech innovators.

We are confident that NSG BioLabs ‘ innovative co-working model will provide compelling solutions to biotech startups and companies in the Southeast Asian region given the sector’s significant growth being driven by healthcare needs. NSG BioLabs ‘ commitment to enabling businesses to quickly track their research and development efforts is commendable, according to Donald Tang, managing partner at Celadon Partners.

Meanwhile, Khoo Shih CEO ClavystBio said, the company is excited to foster the growth of Singapore’s life science ecosystem through its support of NSG BioLabs, and its resident startups. ” This investment reinforces ClavystBio’s mission to accelerate breakthrough science into health impact through venture building, and strategic partnerships”, he said. &nbsp,

NSG BioLabs cultivates mutually beneficial relationships between its residents and other important parties as a significant platform in the area with a proven and expanding scale. The company has partnered with Merck to give its residents special terms for Merck’s reagents and life sciences equipment in order to further enable their residents to develop, grow, and scale up. Additionally, the partnership grants you preferential access to biopharma processing expertise and advice on how to increase production.

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Microsoft commits US$2.2bil to bolster Malaysia’s digital transformation

  • largest expense by a software company in Malaysia.
  • Targeted to power Malaysia’s sky and AI change

Microsoft Chairman and CEO Satya Nadella (L) meets with YAB Dato’ Seri Anwar Ibrahim, Prime Minister of Malaysia at Perdana Putra, Putrajaya in Malaysia on May 02, 2024. (Photo by Annice Lyn/Getty Images for Microsoft)

Microsoft has announced a US$ 2.2 billion ( RM10.47 billion ) investment now, the largest in the bank’s 32- year history in Malaysia. Aimed at enhancing Malaysia’s fog and AI environment, the announcement was made by Satya Nadella, Chairman and CEO of Microsoft, during the Microsoft Build: AI Day held in Kuala Lumpur.

Microsoft’s investment may be distributed over the next four years, and includes plans to construct sky and AI equipment, create AI crafting opportunities for 200, 000 Malaysians, create a national AI Centre of Excellence, and defend the nation’s cybersecurity capabilities. Also, the investment may support the expansion of Malaysia’s designer community.

” We are committed to supporting Malaysia’s AI change to maintain it benefits all Malaysians,” said Nadella, adding that the initiative aims to make Malaysia a gateway for innovative technologies like conceptual AI.

Government cooperation and help

The Indonesian government has welcomed Microsoft’s effort, recognizing it as a precursor for the world’s electric empowerment journey. Zafrul Abdul Aziz, Malaysia’s Minister of Investment, Trade &amp, Industry, highlighted Microsoft’s longtime partnership with Malaysia&nbsp, while adding that the expense” will significantly improve Malaysia’s electric power and further elevate our position in the global technical landscape”, he remarked.

He added that this was further recognition of Malaysia’s position as a vibrant tech investment destination, in particular due to the country’s well- established semiconductor ecosystem. “( It is ) underscored by our value proposition that’ this is where global starts ‘”.

Meanwhile, Andrea Della Mattea, President of Microsoft ASEAN, said that this initiative is intended to support the Malaysian government’s National AI Framework. In consequence, Malaysia has steadily established itself as a regional hub for smart technology and digital innovation.

Broad community benefits

The investment is a larger commitment by Microsoft to provide AI skilling opportunities for 2.5 million people in ASEAN member states by 2025, which included a similar US$ 1.7 billion investment in Indonesia to expand&nbsp, cloud and artificial intelligence services, including building data centers.

The opportunities in Malaysia are hoped to benefit&nbsp, 200, 000 people and inclucate them&nbsp, with AI skills through the AI TEACH Malaysia program, and cybersecurity skills via the Ready4AI&amp, Security program.

Microsoft will work with various Malaysian organizations to establish a national AI Centre of Excellence to promote AI adoption in key sectors while ensuring AI governance and regulatory compliance. The company will work with various organizations to incorporate AI into their processes, including working with Cradle to develop the MYStartup’s single window ‘ platform and the Ministry of Investment, Trade and Industry ( MITI ) to better analyze the economic trajectories of various negotiating partners in international trade negotiations. &nbsp,

Microsoft will also work with the National Cyber Security Agency of Malaysia ( NACSA ) to promote resilience and security in the public sector through capacity-building and security assessments. &nbsp,

Local businesses will have access to the most recent technological advancements, community members will receive training in AI and digital skills to improve employability, and developers will be empowered through new initiatives like AI Odyssey, which aims to promote AI expertise.

” As more companies embrace the power of AI, having the right digital infrastructure in Malaysia is key to future- proofing our nation’s economy”, commented Rafizi Ramli, Minister of Economy. Microsoft’s investment will help to build a pipeline of AI-driven startups, boost productivity, and raise wages, and accelerate the adoption of generative AI.

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Microsoft Commits US$2.2 Billion to Bolster Malaysia’s Digital Transformation

  • largest expense by a software company in Malaysia.
  • Targeted to power Malaysia’s sky and AI change

Microsoft Chairman and CEO Satya Nadella (L) meets with YAB Dato’ Seri Anwar Ibrahim, Prime Minister of Malaysia at Perdana Putra, Putrajaya in Malaysia on May 02, 2024. (Photo by Annice Lyn/Getty Images for Microsoft)

Microsoft has announced a US$ 2.2 billion funding now, the largest in the bank’s 32- time record in Malaysia. Aimed at enhancing Malaysia’s sky and Iot environment, the announcement was made by Satya Nadella, Chairman and CEO of Microsoft, during the Microsoft Build: AI Day held in Kuala Lumpur.

Microsoft’s investment may be distributed over the next four years, and includes plans to construct sky and AI equipment, create AI crafting opportunities for 200, 000 Malaysians, create a national AI Centre of Excellence, and defend the nation’s cybersecurity capabilities. Also, the investment may support the expansion of Malaysia’s designer community.

According to Nadella,” We are committed to supporting Malaysia’s Artificial change to ensure that it benefits all Malaysians,” adding that the initiative aims to make it a hub for innovative technologies like conceptual AI.

Government Collaboration and Help

The Indonesian government has welcomed Microsoft’s effort, recognizing it as a precursor for the world’s electric empowerment journey. Zafrul Abdul Aziz, Malaysia’s Minister of Investment, Trade &amp, Industry, highlighted Microsoft’s longtime partnership with Malaysia&nbsp, while adding that the expense” will significantly improve Malaysia’s electric power and further elevate our position in the global technical landscape”, he remarked.

He added that this was further recognition of Malaysia’s position as a vibrant tech investment destination, in particular due to the country’s well- established semiconductor ecosystem. “( It is ) underscored by our value proposition that’ this is where global starts ‘”.

Meanwhile, Andrea Della Mattea, President of Microsoft ASEAN, said that this initiative is intended to support the Malaysian government’s National AI Framework. In consequence, Malaysia has steadily established itself as a regional hub for smart technology and digital innovation.

Broad Community Benefits

The investment is a larger part of Microsoft’s wider commitment to expand and expand artificial intelligence services, including building data centers, for 2.5 million people in ASEAN member states by 2025, as well as a similar US$ 1.7 billion investment in Indonesia.

The opportunities in Malaysia are hoped to benefit&nbsp, 200, 000 people and inclucate them&nbsp, with AI skills through the AI TEACH Malaysia program, and cybersecurity skills via the Ready4AI&amp, Security program.

Microsoft will work with a number of Malaysian organizations to establish a national AI Center of Excellence to promote AI adoption and compliance while ensuring AI governance and compliance. The company will work with various organizations to incorporate AI into their processes, including with the Ministry of Investment, Trade and Industry ( MITI ) to better understand the economic trajectories of various negotiating partners in international trade negotiations and with Cradle to create the MYStartup’s single window ‘ platform. &nbsp,

Microsoft will also work with NACSA and the National Cyber Security Agency of Malaysia (NCSAM ) to strengthen capacity and security in the public sector. &nbsp,

Local businesses will have access to the most recent technological advancements, community members will receive training in AI and digital skills to improve employability, and developers will be empowered with new initiatives like AI Odyssey, which aims to develop AI expertise.

” As more companies embrace the power of AI, having the right digital infrastructure in Malaysia is key to future- proofing our nation’s economy”, commented Rafizi Ramli, Minister of Economy. Microsoft’s investment will help to build a pipeline of AI-driven startups, promote generative AI, and boost our economy through higher wages and productivity.

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Woman in drunk-driving drama speaks out

Former IT executive who is accused of kick-off denies police ‘ allegation that it was n’t her first offense.

Woman in drunk-driving drama speaks out
As officers attempted to detain her for impaired travelling on Tuesday evening, Pol Lt Col Darathorn Khajornsilp, assistant director at Traffic Police department 5, details to his face where a car kicked him. ( Photo supplied/Wassayos Ngamkham )

A former senior IT executive who was in the news for punching a policeman officer in the face after being stopped for driving while intoxicated has refuted says she was also charged with drunken driving two years ago.

Following an incident earlier this year at an alcohol station in Bangkok’s Suan Luang city, the 51-year-old woman, who is only known as Monsinee, gave her side of the story on Saturday.

Later on Tuesday night, police patrolling the station on a road next to the highway in Suan Luang stopped and tested the driver. Her blood alcohol level was 104 millgrammes, far above the legal limit of 50.

When officers&nbsp, moved to apprehend her, she resisted and scolded them using harsh language. When they took her to a policeman car, she abruptly kicked Pol Lt Col Darathorn Khajornsilp, who was about to close the door to the car. His right cheek was struck by her foot in the base.

The deputy superintendent of traffic police division 5 ( Pol Lt Col Darathorn ) was wearing a crash helmet, but he suffered some facial bruising. The girl was then transported to the police station in Prawet.

Driving while over the constitutional control, resisting arrest, and assaulting a witness are all charges against Ms. Monsinee. According to a police cause, she apparently admitted to only the cost of affected moving.

In August 2022, regional press reports later reported that police claimed that Ms. Monsinee had been accused of driving while intoxicated in August 2022. But she insisted on Saturday that this was untrue.

She even claimed to have spoken with Pol Lt Col Darathorn about the event on Tuesday in phone interviews with reporters. She did not elaborate.

She said she would just make a statement in court if she was asked whether she had been actually assaulted at the time.

The person is heard calling the soldiers “low course” in a movie that has gone viral online. She claimed that the video had been edited and that she had also said other items. She continued, adding that because she was not a person who used that kind of language, the phrase she was heard using was probably the strongest one she had always used.

In any case, she insisted she did certainly harshly scold people. She added that she was n’t drunk at the time.

Police Lt. Col. Darathorn claimed on Saturday that his speech had not yet been reviewed by police investigators. He promised to get a health check-up and provide the evidence with him to the officers.

He added that a search of criminal information revealed that the person had previously been accused of driving while intoxicated in August of 2022.

The girl claimed that the information about the incident was biased on her Instagram section on Friday. Specific details were “untrue and twisted”, she added.

She claimed she may assign a solicitor to handle the case and that she had not yet made her assertion to the police. The Facebook post was afterward deleted.

Facebook Thailand released a statement on Friday announcing that the person in the story had left the business in January.

Ms. Monsinee stated that she was currently pursuing venture-capital investments to provide seed money for Thai tech companies.

The person who was detained at a police station in the Suan Luang area was then taken to the Prawet authorities station for questioning. ( Photo supplied/Wassayos Ngamkham )

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What US should do next on national security - Asia Times

A significant federal protection act was recently passed by the US Congress, and Biden signed it. The act has four major rules:

    US$ 61 billion for support to Ukraine ( including$ 13 billion to restock US military items that were previously donated ).

  1. $ 6 billion is allocated to Israel, Gaza, and$ 9 billion goes to charitable assistance for Gazans and other people.
  2. $ 8 billion for&nbsp, support to Taiwan&nbsp, and another Indo- Pacific friends
  3. A strategy to compel the Chinese firm ByteDance to stop operations within 270 days, sell TikTok, or otherwise cease operations

For two reasons, I’m actually quite surprised this act passed. First, Mike Johnson, the Speaker of the House, had stalled Ukraine assistance for quite some time, &nbsp, under pressure&nbsp, from the MAGA activity.

Second, it appeared as though the Senate would shop the TikTok divestment’s passage. However, all of a sudden, both hurdles appeared to vanish, and the bill was passed. The most probable reason, from what I can tell, is that&nbsp, Congressional leaders&nbsp, saw&nbsp, knowledge briefings&nbsp, that made them realize that A. ) TikTok serves the CCP and B indefinitely as both advertising and malware. Putin’s regional ambitions extend far beyond Ukraine to Europe.

Although I do n’t agree with absolutely everything in this bill, the fact that it passed is a very good sign. It indicates that our officials are carefully and unreluctably acknowledging the enormity of the threat America and its supporters face abroad.

The support to Ukraine demonstrates that despite Russian propaganda that has subverted the MAGA action, there is still a nonpartisan bulk that is willing to stand up to Putin.

The Taiwan support, though far too little for my desire, shows that the US is starting to realize the risk of an Eastern battle. The TikTok divestment clause suggests that the US is not entirely comfortable with the idea that its mass media would become a tool of angry authoritarian governments, despite the fact that it will undoubtedly face legal challenges.

That is everything about development. But it’s only a glimpse of improvement, because America’s key national surveillance dilemmas remain unanswered. Instead of being a quick fixation that allows us to forget about safety and return to debating cultural wars, this bill needs to be the start of a more serious approach toward regional security.

What should be America’s leading five objectives, in my opinion, are:

1. Construct the US military and industrial base

The most crucial point is this. The Allies won World War 2&nbsp, because of United production ability, thanks to decades of withdrawal, anti- production policy, and offshoring, that capacity essentially no longer exists. The threat posed by the removal of the Arsenal of Democracy to the rest of the world is difficult to overstate.

We have n’t yet developed the capability to produce large numbers of drones, which are increasingly important in modern warfare, and the US is currently essentially incapable of producing large numbers of naval ships, missiles, or artillery shells.

The manufacturing problem is especially acute, and individuals are starting to wake up. China’s Shipyards Are Available for a Protracted War, according to a February content in the WSJ. America is not.

These are similar content from&nbsp, Business Insider&nbsp, and&nbsp, the US Naval Institute, to identify just a couple. The Navy itself still seems to be in harm control/spin style,   delaying briefings&nbsp, in order to avoid having to talk about its manufacturing problems, despite the media’s beginnings to gain a sense of necessity.

The US is silently having to enlist much smaller friends like Japan and South Korea, who still have their shipping prowess, to help out. But due to their small size, they can just make a minimal change.

Similar issues exist for the military, including; however; missiles, artillery shell, and other types of equipment. And that’s not even getting into the matter of how many components and parts of what we, do, and build are sourced from China ( it’s a lot ).

This has to modify, and quickly. By “fast,” I mean “within the following three years,” no “within the next ten times.” How can it be changed, then?

Second, we have to&nbsp, ensure continuous funding&nbsp, for protection. Prior to now, funding that is allocated and given to the military ca n’t actually be used. Which implies that there is annually a significant Congressional debate over whether or not we will really spend the money we promised to spend.

Defense appropriations often get used as&nbsp, a political bargaining chip&nbsp, in budget battles by ( sometimes ) Democrats and (especially ) Republicans. In consequence, defense contractors ca n’t rely on them to receive their money, which increases production and risks significantly.

Congress needs to alter the way the defense budget is allocated, so funding can be effectively disbursed year after year without need for consistent, repeat unilateral Congressional action.

Next, and on a relevant word, we need to implement&nbsp, protracted procurement&nbsp, for defence contractors. We currently require a lot more startups and existing ones to undertake to safeguard manufacturing over the next few years. The likelihood of making that responsibility is also great if we only pay them annually, though. So we need to&nbsp, committed to several years of repayment, in advance.

Second, we must eliminate obstacles to mill construction. Environmental review ( NEPA and similar state laws like CEQA ) should be significantly reduced for defense manufacturing, and other stringent rules should be relaxed for defense manufacturing in particular.

These should not be the only ways we take. There are a lot of  and other  ideas out there, including investing in vocational training for defense manufacturing, leveraging public-private partnerships, reviving several bottlenecks through the Defense Production Act, and so on.

I do n’t currently have the time or the expertise to evaluate each of these, but I intend to look at several of them in-depth in the future. But the important information is that we’ll probably need to do a bunch of different items, all at the same time, in order to actually largely regain the Arsenal of Democracy by the early part of this century.

In addition to revitalizing defense manufacturing, the US needs to resurrect human manufacturing in areas that could be used for defense in the event of a conflict with China. We should try to encourage the development of a domestic shipbuilding industry, preferably through regulatory reform, rather than by putting money where it’s needed ( since that money could be better used for naval shipbuilding ), because civilian commercial shipbuilding is completely different from naval shipbuilding, and the US does very little of that.

We need to make sure not to export production of “foundational” or” trailing- edge” chips to China, these are older chips never covered by export controls, which China is now readily produce in massive volume, which are used a lot by the defense.

And we need a business helicopter business. China is currently the world leader in corporate robots, while the US has essentially nowhere to go. We need business plan below, there needs to be an Inflation Reduction Act for robots, and we need regulatory modifications, like designating areas where users can perform commercial drones beyond physical range.

This is not a comprehensive list of the things the US needs to do in order to once again become the Arsenal of Democracy, but it should suffice to provide a general overview.

2. Make Europe understand that they have to take the lead on Ukraine

In the most recent US national security bill, the aid to Ukraine was very good. It will bring order back to the situation on the battlefield, which has turned into a frantic battle of positions. And it demonstrates America’s ongoing commitment to the transatlantic alliance.

However, it’s not a permanent solution. More than half of House Republicans, 112 to 101, voted against the bill’s provision relating to Ukraine aid. Despite Trump himself&nbsp, softening on the bill, it’s clear that a large chunk of the GOP now views Ukraine as a culture war issue, on which the true MAGA position is to oppose Ukraine aid.

Some GOP legislators are correct in saying that their fellow citizens are being influenced by Russian propaganda. This means that no matter who wins the election, Ukraine ca n’t count on similar follow-ups to this aid bill in 2025 and beyond because it’s always possible that the MAGA faction will be able to block it, just as it came very close to doing so this time.

Second, and more importantly, the US is facing a much bigger challenge: China. Russia’s manufacturing capacities are utterly inexhaustible, and they are roughly as large as those of the US, China, and all of its allies combined.

Japan, South Korea, Australia, and hoped-to-be-India have all been US allies in the Indo-Pacific, but they are far beyond capable of defeating the Chinese juggernaut on their own.

The US needs to focus the vast majority of its resources in the Indo- Pacific if it wants to have any chance of deterring a major war. That will result in less money for Ukraine.

Fortunately, Europe is another major ally that can stop Russia.

Together, the non- US countries of NATO have four times the population of Russia, and&nbsp, ten times&nbsp, its productive capacity. China is currently actively supporting Russia with arms and supplies, which means it is actually engaged in a proxy war with Europe. Europe can outshine Russia if it finds the political will to do so, even with Russia receiving a limited amount of Chinese aid.

As it became clear that US aid to Ukraine had become more reliable, some European leaders — especially French President Emmanuel Macron — started taking the lead, providing a bunch of&nbsp, ammunition and talking tough about possible&nbsp, direct intervention&nbsp, in the war.

But much more than just extra shells and wistful wists will be required. Ukraine requires a lot of air defense and drones to defend itself from Russian assaults. If Europe can provide these things, Ukraine may be able to&nbsp, resist until the Russians give up&nbsp, and come to the bargaining table.

Therefore, the US needs to make it clear to Europeans that future US support will be patchy at best. France, Germany, and the UK must unite to commit the necessary funds to long-term support for Ukraine.

3. Add liberal messages to the information ecosystem.

An important milestone was reached by the TikTok divestment bill. Some still harbor free speech concerns, and no doubt TikTok’s lawyers will claim in court that a forced change of ownership is robbing them of their constitutional rights.

However, Zephyr Teachout convincingly contends that one of the most essential characteristics of a democracy is the ability to ensnare foreign media ownership:

Concerns about the First Amendment are inevitable in any attempt to restrict a communication platform, but constitutional claims made on behalf of foreign governments are incredibly weak. In 2011, for example, a federal court rejected a challenge to the federal laws prohibiting foreign nationals from making campaign contributions. Then, Judge Brett Kavanaugh wrote that the nation has a compelling interest in limiting foreign citizens ‘ participation in such activities,” thereby preventing foreign influence over the US political process.”

A hostile foreign superpower with a welldocumented interest in influencing domestic politics in the United States and other countries would have to resolve one particular issue when imposing a TikTok divestiture.

The basic premise of democratic self- government is the idea that people collectively make the rules of their community and collectively direct their laws…Could American corporations or individuals wreak just as much havoc on public discourse as the Chinese government? Yes. That is, however, a part of the democratic bargain. Members of&nbsp, this&nbsp, political community must have unique rights to shape the institutions that coerce and constrain their behavior—rights not afforded to people, corporations, or governments outside the community… We should …affirm the historic norm that countries have the right to protect their communications, politics, and private data from foreign governmental control.

The defenders of liberal democracy are still at a disadvantage in the global war of ideas, even if this logic holds up in court and the ban is implemented. While liberal-minded countries like China and Russia have large, well-funded propaganda departments, liberalism’s supporters are largely volunteers who spend their free time working.

That’s why the US government should step in, and — in partnership with private citizens where possible — make the case for liberalism to the American people and to the people of the world.

The US Department of War’s” Do n’t Be a Sucker,” a 1940s movie that helped to rally people’s support for the desegregation of the military, is my favorite historical example of this.

YouTube video

[embedded content]

This is propaganda, but it’s not the kind of propaganda that forces people to consume it. It’s just a liberal government that explains the definition of liberal citizenship.

Private citizens can and should, of course, be a part of this as well. Left- leaning outlets like the New York Times and MSNBC could try to push back on the anti- American narratives that have taken hold among extreme progressives and leftists, and help restore some Rooseveltian patriotism.

Elon Musk and Twitter and X, who are on the conservative side, may at least temporarily be associated with the group that opposes Ukraine’s aid and wants to appease China, but he might turn around in the future.

And Fox News and the Murdochs could do a lot more to persuade the conservative world that America and our system of alliances are worth protecting from Xi Jinping.

4. Make more effort to win Indonesia over and solidify the alliance with India.

Even China alone would be too powerful for the US to handle a one-on-one conflict, as China, Russia, and Iran represent a far greater threat than the US can handle.

Thus, US national security relies on having strong allies. Under Biden, we did a respectable job of reviving our Cold War era ties with developed democracies in Europe and Asia.

These are typically small, sagging nations with frequent, independent economic problems. The US needs a bigger gang if it’s going to counter China.

India is, of course, by far the most significant future ally. In a recent Carnegie Endowment report, it is highlighted how far India is ahead of other emerging powers in terms of population and projected economic growth:

Source: &nbsp, Carnegie Endowment

Fortunately, India is also by far the emerging powers ‘ most pro-American country:

Source: &nbsp, Carnegie Endowment

In fact, as I mentioned in a post last year, there is a growing political and cultural tension between India and the US:

I do n’t expect India to be willing or able to ride to Taiwan’s rescue in the event of a Chinese invasion later this decade. However, as its economy, military prowess, and friendship with other US allies like Japan expand, India will become a more and more effective ally on a variety of fronts.

So US leaders must continue to push very hard for greater integration with India, including through investment, trade, diplomatic coordination, military exercises, multilateral alliances, regional pacts, and other things.

And America needs to commit to continuing to take large numbers of Indian immigrants, to deepen the grassroots linkages between our societies ( as well as getting America some needed talent ). The first step is to close the gap between countries for green cards, a relic of the 1965 immigration system that treats large nations, or at least weaken those gaps.

India is the most significant emerging US ally, but Indonesia is another significant” swing state” in the Indo-Pacific that we have n’t sufficiently fought for.

Indonesia is a very populous nation with a lot of natural resources and latent manufacturing potential. Because it controls the trade routes between China and the rest of the world, it also has an incredibly crucial geographic location for any Asian conflict. Even as Indonesia gets closer to the Chinese orbit, the US seems oddly determined to ignore it.

The problem has only gotten worse since then, with the election of a new President, Prabowo Subianto, who appears to be&nbsp, more pro- China than his predecessor. In addition, China defeated Japan in a bid to construct high-speed rail in Indonesia, which appears to be a success, unlike most of China’s Belt and Road projects.

Indonesia is concerned about China’s claims to some of its waters, but it continues to cooperate militarily with the US. But the US and its Asian allies need to step up their efforts to court Indonesia economically, offering infrastructure investment and development ( perhaps with American financing and Japanese construction ), FDI in Indonesian manufacturing and other industries, and trade opportunities.

The US is unable to continue to treat this crucial nation as the “biggest invisible thing on Earth.”

5. Disengage from the Middle East as much as possible

Even with Europe’s assistance, the US will struggle to counter both China and Russia at the same time. It will be&nbsp, impossible&nbsp, to do these things while simultaneously checking Iran in the Middle East and supporting Israel’s war in Gaza.

The Houthi pirates ‘ campaign has done little to reduce America’s stock of hard-to-replace missiles and has so far failed. Israel’s aid is more expensive than other budget items, and it is not really necessary for its defense. And helping Israel prosecute its&nbsp, fairly brutal campaign&nbsp, in Gaza weakens America’s moral standing in the world, especially in the eyes of majority- Muslim Asian countries like&nbsp, Indonesia and Malaysia.

In a post last year, I argued that despite Hamas ‘ horrific attack on Israel on October 7, the US should continue to cooperate with the region and concentrate its efforts on Asia.

Since then, my assessment has not changed. Asia is a place where the US is both badly needed, and in a position to do a lot of good, by helping democratic nations remain independent of an expansionist superpower. Middle East: a violent region with little to offer and little hope of resolving is an increasingly irrelevant quagmire.

The days are long gone when the US was strong enough to defend the entire world at once. Now the US has a choice of whether to stretch itself to the breaking point in the hopes that it can somehow bluff its way through all the conflicts at once, or to refocus its hard power on the points of maximum leverage in the defense of global liberal democracy. That seems like a simple choice.

In light of the most recent breakthrough in national security legislation, I believe the US needs to do the following five things: 1 ) strengthen its own security and 2 ) strengthen the security of its allies. They are all difficult tasks that will require both sustained political will and delicate, skilled management. But I think that everything is within the purview of possibility.

This article was originally published on Noah Smith’s Noahpinion&nbsp, Substack, and is republished with kind permission. Read the&nbsp, original&nbsp, and become a Noahopinion&nbsp, subscriber&nbsp, here.

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She Loves Tech, Digital Penang lead Malaysia’s Entry into the tech competition for women founders

  • Aims to foster Malaysia as a gateway for startups&nbsp,
  • Opposition promotes necessity of sex inclusivity

She Loves Tech, Digital Penang lead Malaysia’s Entry into the tech competition for women founders

Digital Penang, a Penang State GLC, has announced its association with She Loves Tech, recognised as the country’s largest acceleration program for people in systems. Additionally, it asserts to be the biggest software on the planet dedicated to closing the gender funding gap.

Digital Penang invites people technology members from all industry sectors to take part in the 2024 She Loves Tech Startup worldwide competition, which has been officially appointed as Malaysia-level Key Selection Partner for its eighth celebration.

This collaboration and competition coincide with Malaysia’s imperative to develop the nation as a hub for startups, as just lauded by the Ministry of Economy and Ministry of Science, Technology, and Innovation. Additionally, the celebration emphasizes the importance of gender equality, especially with the participation of Malaysian women tech founders.

Digital Penang and She Loves Tech so welcome all state and national government organizations and private organizations involved in promoting people in technology to meet these collective efforts to promote and support women-led Indonesian companies in this global rivals.

The contest will not only draw attention to Malaysia’s vibrant tech sector, but it will also encourage economic growth and encourage the creation of novel alternatives that have the ability to have an impact on both domestic and international markets.

The partnership between She Loves Tech and Digital Penang, which serves as Malaysia’s standard key collection partner for the worldwide competition, is a testament to the state government’s commitment to raising awareness and promoting the inclusion of women in technology. This endeavor should not only be limited to Penang but also be extended to the entire country to give opportunities for all women there to share their ideas and solutions that are affecting the country’s economy, according to Zairil Khir Johari, the Penang State EXCO for Infrastructure, Transport, and Digital.

Participants in She Loves Tech must be women-led tech startups with a gender perspective, have received seed funding under US$ 5 million ( RM24 million ), and have a minimum viable product that has not been developed beyond the conceptual stage.

Additionally, they must meet at least one of the following gender lens criteria:

  • Founded by a woman
  • Majority female users
  • Majority female consumers
  • Technology having a positive effect on women

Participants at the regional level will gain a wide range of opportunities to connect with an international network of mentors, partners, and investors as well as extensive exposure to a global audience. All women who are eligible for this are invited to use this opportunity to create innovative solutions that positively affect Malaysian women.

For more details on the application process and to register for the competition, please visit https ://www .shelovestech .org/competition. The deadline for applications is April 22 through May 30th, 2024.

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MYStartup accelerator picks 25 startups for Cohort 3 with US$52k funding and grants up to US$209k available

  • 4-month program designed to promote growth and innovation
  • Increasing Malaysian companies ‘ chances of becoming global leaders in the future

The chosen 25 startups with Cradle execs.

MYStartup, in partnership with NEXEA, a venture funds and company pedal company, has launched its second accelerator program where over 900  programs were received with a 60 percent, ensuring the final choice with  25 appealing tech companies chosen to be  onboarded  comprising four main industries: artificial intelligence, machine learning, care, and application development.

[Ed: Para updated for reliability. The number of uses received was omitted in an earlier type. ]

The top 25 startups may be subject to a four-month enrichment program, according to MYStartup, designed to promote innovation and develop significant changes in Malaysia’s startup ecosystem.

The preceding cohort saw some startups securing up to US$ 146,400 ( RM700,000 ) worth of investments within the past six months. These companies, which include Parkit, Engagelife, iJalan and EB Tech, even achieved an consolidated full assessment of 290 %, growing from US$ 2. 3 million to US$ 6. 7 million ( RM11 million to RM32 million ) over the same period.

MYStartup accelerator picks 25 startups for Cohort 3 with US$52k funding and grants up to US$209k availableNorman Matthieu Vanhaecke ( pic ), Group CEO of Cradle, said, “Startups are one of the fundamental building blocks in Malaysia’s economic development. Based on the Global Startup Ecosystem Report ( GSER ) report in 2023, Malaysia’s startup ecosystem was estimated to be worth US$ 4. 6 billion. At Cradle, we recognise the important need to develop a great performing, diverse, globalised, and green startup ecosystem in the country to enable these ventures for regional and global expansion. ”

Additionally, Normanan noted that Cradle’s objectives extend far beyond economic, with intensive mentorships and extensive resources, as the primary agency promoting the creation and growth of upcoming leading Malaysian tech companies. Through these initiatives, we hope to give our startups the necessary exposure and support to expand their businesses, thereby promoting Indonesian startups as potential future foreign leaders. ”

The MYStartup Accelerator programme is designed for scalable and technology-driven startups, either in the revenue-generating stage or with a minimum viable product ( MVP ). To day, the MYStartup Accelerator has effectively empowered 58 companies, across two groups. ” The next two groups of MYStartup Accelerator, guided by our investor-mentors and Cradle’s assistance, have on ordinary doubled their progress year-on-year. 25 of the 940 applications accepted this year will compete to become the best finalists and receive first funding of RM250,000 with offers up to RM1 million. Along with Cradle, we look forward to creating a bigger effect, accelerating their development and, finally, cultivating an equitable and sustainable business ecosystem in the country, ” said Ben Lim, founder and CEO of Nexea.

Eeyong Ho, chairman of Otter Barista, one of the 25 selected companies said,” Otter Barista aims to bring value espresso closer to you, making your experience more smooth and easy. With our superior robotics, consumers you easily connect with the system to place orders, and the machine handles the end-to-end process of newly brewing beverages, all at a lower cost. We are looking forward to taking part in this throttle program, particularly the one-on-one training sessions with our leader mentors and investors. Through the tutoring and designated seminars, we aim to better reinforce our company’s ideals and business unit, accelerating our progress across Malaysia. “

The 25 companies that were chosen for the MYStartup Accelerator Programme Cohort 3 are:

    Nakngaji, a platform that offers personalized virtual and home-based Quran understanding service.

  1. Otter Barista, an automated mechanical coffee brewing encounter with high-quality and new recipes.
  2. Ollie & Hana, the largest dog grooming and hotel board professional.
  3. ALT Synergy, a proper application of biology to increase product performance.
  4. WeAssist, mobile applications developer focusing on connecting people to healthcare services.
  5. Messengerco, a one-stop platform for corporate gifting.
  6. EasyRenz, an automated & smart tenant management solution.
  7. a mother who specializes in maternity and baby products with a focus on breastfeeding support.
  8. Resitku is a taxation solution as well as an application for expense receipts and income records.
  9. Dreamory, an all-in-one business event platform.
  10. Heycast. me, a casting platform for entertainment industry.
  11. Property Lab, AI-driven platform for precise property investment insights.
  12. DeepLogi, a smart shipping gateway for small and medium-sized business.
  13. A safety application called Siriren Networks connects users on a platform with emergency and care service providers.
  14. Axtraction AI, B2B document AI Software as a Service ( SaaS ).
  15. Quasa. ai, provides regulatory and compliance tech solutions to businesses.
  16. Infinitlab, a modular SaaS ERP solution empowered by an AI-ready framework for seamless and efficient business management.
  17. Choladeck, A web app that creates customized, brand-aligned presentations and offers insights on audience engagement.

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