ASEAN and India focus of global growth for next decade

India will have more population than China in 2022 and ASEAN (Ten Southeast Asian countries) has more population than Europe. India and ASEAN will both have nominal GDP between France and Germany from 2019 to 2023. ASEAN and India should overtake Germany in 2024. They should both be passing Japan in 2026. Myanmar and Vietnam …

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ASEAN surprised with stronger GDP growth in 2017 and trying to sustain

The majors ASEAN economies (Vietnam, Philippines, Singapore, Indonesia, Malaysia, Thailand) had solid to great economic growth in 2017. October projection of world growth by the world bank increased from 3.2 percent in 2016 to 3.6 percent in 2017 and 3.7 percent in 2018—an upward revision of 0.1 percentage point for both 2017 and 2018 relative to April. Sameer Goal, Deutsche Bank, believes …

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Singapore trying to be the first to put its currency on the blockchain

Deloitte and the Monetary Authority of Singapore (MAS) launched Project Ubin: to the put the Singapore dollar onto a Distributed Ledger (blockchain). The project started in 2016. MAS and The Association of Banks in Singapore (ABS) announced on 5 October 2017 that the consortium which they are leading had successfully developed software prototypes of three …

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Singapore using Geofencing, penalty points and RFID to fix bike sharing parking issues

oBike is Singapore’s first homegrown station-less smart bike-sharing company which uses technology to change how transportation is viewed locally. It allows commuters to travel during one-way first- and last- mile commuting – via bicycles located all over the island. This provides a convenient and environmentally-friendly commute option for all, especially given Singapore’s compact size and …

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Singapore, HK and China are hot for fintech and blockchain

Singapore wants to bolster its status as a wealth management and foreign-exchange center as part of plans to create more financial-sector jobs and mitigate the effect of rapid changes in technology. Singapore adding financial jobs when globally 30% of banking jobs are being automated by 2023 In a plan unveiled Monday, the Monetary Authority of …

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Bike Sharing, ride sharing and carpooling services will benefit from no growth in cars in Singapore

Singapore will lower the vehicle growth rate from the current 0.25% per annum to 0% with effect from February 2018 for COE Categories A, B and D. The existing vehicle growth rate of 0.25% per annum for Category C will remain unchanged until 1Q2021, to provide businesses more time to improve the efficiency of their …

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Zilliqa blockchain reaches 2488 transactions per second about one third of VISA – Mastercard throughput

The Zilliqa team expanded their network to 3,600 nodes (6 shards), and they observed a peak throughput of 2,488 transactions per second. Zilliqa is a blockchain developed by National University of Singapore researchers. They are planning to write another article to share more technical details, but for now we would like to highlight the tasks …

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Singapore going all in on self driving cars at city scale

In land-scarce Singapore, 12% of their land is set aside for roads and transport infrastructure. With a growing population and more than one million vehicles on the road, the challenge lies in optimizing the use of our limited space for more efficient, safe, reliable, and enhanced transportation. Nextbigfuture interviewed Karen Tay on the Singapore Smart …

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Dockless bike sharing problems

Obike has been told to remove its “obstructive” bicycles from some London streets, just days after it launched a cycle-hire scheme to rival ‘Boris Bikes’ in London. Apparently Amsterdam which is the granddaddy of bikesharing has had issues with bikes in canals for a while. Brian WangBrian Wang is a Futurist Thought Leader and a …

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Spacex will delay their first unmanned Red Dragon Mars mission until 2020

SpaceX president Gwynne Shotwell confirmed today that SpaceX is now targeting the year 2020 for the Mars trip, a move that will allow the company to better focus on its other ambitious projects. Spacex will focus more heavily on their crew program and their Falcon Heavy program. Trips to Mars are best launched every 26 …

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