Singapore is the most innovative country in Asia for the second year running.It ranks first in Asia and seventh worldwide in the Global Innovation Index 2017 (GII) by INSEAD, Cornell University and the World Intellectual Property Organization (WIPO).However, this represents a drop of one place for the country, from last year’s global ranking of 6.Singapore is still first globally in “innovation input index”, and top five in all other pillars including human capital and research.South Korea, the second most innovative Asian country and 11th overall globally, also maintains its top positions in patenting and other intellectual property-related markers.Rounding out the top three in Asia is Japan, which increases two places to 14th this year. It is In the top ten for research and development (R&D) and information and communication technologies.China continues moving ahead in the overall ranking (22nd overall this year), reflecting high scores in business sophistication and knowledge and technology outputs. China this year displays a strong performance in several indicators, including the presence of global R&D companies, research talent in business enterprise, patent applications and other IP‐related variables.
Universal Biopack makes packaging that it sells to restaurants and manufacturers. But rather than plastic, it uses a mixture of bamboo and cassava, crops that are widely found across the country.After growing rapidly in recent decades, Thailand has become one of Asia’s biggest economies. But like many other countries in the region, it’s been slow to try to combat the millions of tons of trash produced each year.”Waste management is a big problem everywhere,” said Universal Biopack’s managing director, Vara-Anong Vichakyothin.
Philippine tech company Xurpas has boosted its product portfolio by taking a significant stake in mobile and web tournament games platform MatchMe. Xurpas bought 31.52 percent of Singapore-based MatchMe for US$1.4 million, it said in a disclosure to the Philippine Stock Exchange. MatchMe runs a real-time, multiplayer platform for games. It’s also open to third-party game content integration. This means casual gamers can play in real-time versus other people regardless of data connection speed. It also all
Owning and running a business is not for the faint-hearted. There are sacrifices to be made. Some obvious and some less so. It suits individuals who are a little bit mad, don’t like being told what to do, are ambitious, driven and control freaks – to begin with at least.No-one can do “it” betterOr so you think. When you are building a business from scratch, you are either on your own or working with a small team of fellow Partners. At some point though, you are going to have to make your first hire. Pity the poor soul who is the first to join as an employee because the level of scrutiny they will be subjected to will likely be intense. Owners of small organically grown businesses are far more likely to “micro manage” than most and it takes a long while to appreciate that actually, someone can do “it” as well or even better, just maybe not in the same way!
Startups working on new financial products, a sector called fintech, now have an extra US$1.45 billion on their side after China last week launched the Asia Fintech FOF. It comes months after a similar fund out of Beijing, the Zhongguancun Fund of Funds, put US$4.3 billion in its war chest to invest in startups in the sector. Fintech startups around the world are booming, with China leading the way in these new kinds of online and app-based services. China has five of the planet’s top 10 fintech firms, acc
The Singapore Government should develop globally competitive companies by attracting foreign entrepreneurs and innovative companies to Singapore.This was one of the few suggestions put across by the SME Committee (SMEC) for the government’s upcoming Budget 2017, which will be revealed on February 20.By attracting foreign entrepreneurs to Singapore, it will help to transform the Singapore economy to become more creative, which will ultimately help to achieve the goal of building globally competitive companies, said SMEC chairman Lawrence Leow.
From overcommitting yourself to procrastinating and skimping on sleep, there are so many things that chisel away at productivity. Running a successful, rapidly growing company requires a high level of efficiency–which is why we asked busy entrepreneurs about their daily habits. Try one of these CEO-tested methods to boost your own productivity.
GREGORY MILLER My first official day as CEO of Popeyes Louisiana Kitchen was November 1, 2007, but the company was holding a big franchisee meeting in Orlando a few days earlier. I wasn’t technically an employee yet, but I decided to attend and make a presentation. My hope was to inspire the entrepreneurs who own and operate Popeyes restaurants about the bright future of the brand. In retrospect, I was naive and overly optimistic. The company had gone through four CEOs in seven years, and sales had been c
And he doesn’t mean buying a home.