The Philippines National Economic and Development Authority (NEDA) sees 7-8% GDP growth making the Philippines an upper middle-income country by 2019 which would be 3 years ahead of a 2022 target. A World Bank definition for an upper middle-income economy is a country with a GNI per capita of between $4,036 and $12,475. The Philippines, …
Japan Center for Economic Research has forecasted the Asian economies out to 2030. The center released its third Medium-Term Asian Economic Forecast for 2017 through 2030. The report, titled “Digital Asia 5.0 — Innovation changes economic power relationship,” puts the Philippines on track to log 6.4% real GDP growth in 2030, with India expected to …
Researchers propose a space-based gravitational wave detector consisting of two spatially separated, drag-free satellites sharing ultra-stable optical laser light over a single baseline. Each satellite contains an optical lattice atomic clock, which serves as a sensitive, narrowband detector of the local frequency of the shared laser light. A synchronized two-clock comparison between the satellites will …
Researchers at Eindhoven University of Technology (TU/e) present a new method that should enable controlled drug delivery into the bloodstream using DNA computers. In the journal Nature Communications the team, led by biomedical engineer Maarten Merkx, describes how it has developed the first DNA computer capable of detecting several antibodies in the blood and performing …
NASA is requesting help to minimize the production, operations, and maintenance (POM) costs of the Space Launch System (SLS), Orion, and Exploration Ground Systems (EGS). SLS rocket and Orion spacecraft are costing more than $3 billion per year in development costs. The request would also look at other launch systems. Clearly Spacex offers a lower …
Simulation show the Swedish Gripen E fighter shooting down the best Russian Su-35 fighter at almost the same rate that the F-22 does. The Gripen E is estimated to be able to shoot down 1.6 Su-35s for every Gripen E lost, the F-22 is slightly better at 2.0 Su-35s shot down per F-22 lost. In …
A team from Seoul National University on Tuesday unveiled a door-to-door self-driving taxi for the first time in the nation. Called Snuber 2, it is an upgraded version of an app-based self-driving taxi Snuber developed in November 2015. The new autonomous car developed with Hyundai’s Genesis sedan is capable of tracking moving subjects, avoiding collision …
The ultimate purpose of the Belt and Road Initiative is deep economic integration through the development of global value chains. Importantly, the initiative is supposed to abide by market rules. Either geopolitical considerations were never taken into account or everything in the Vision and Actions document was carefully checked and revised to make it read …
China’s economy will face “a difficult three to five years” but the slowdown will be good for its long-term development, Alibaba executive chairman Jack Ma told the South China Morning Post in an interview just before the e-commerce giant’s takeover of the 113-year-old newspaper. Ma said the Chinese economy was indeed grappling with structural problems …
The Chengdu Aircraft Industry Group (CAC) is involved in preparation for some kind of aerial display involving the low-rate initial production (LRIP) J-20A. This included what was essentially a semiofficial ‘presentation’ of the J-20A with a flurry of news reports and images issued between September 30 and October 1. Four pre-production aircraft — two of …
China is designing its next generation of trains that can carry passengers at a top speed of 500 kilometers (310 miles) an hour and cargo at 250km/h, with wheels that can adjust to fit different track gauges used around the world. Under an ambitious government plan starting this year, the country is developing trains that …
