Emerging Economies | March 25, 2018 | This week in Emerging Economies Digest have some focus to Asia! Starting with Pakistan's aspirations to Malaysia's strategies to Chinese market dynamics to Thailand's conference...We also have a snippet to the Seedstars Summit and an Edtech category renewed by emerging economies!
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| | The Express Tribune "I see a lot of great things happening in the next 10 years," said PlanX Program Manager Mughees Tahir. "The focus of entrepreneurship is already shifting to hardcore technology, with new startups jumping in the domains of e-commerce, artificial intelligence and machine learning – the market growth will be huge." | | Mike Butcher - TechCrunch So-called 'EdTech' has seen many false dawns over the years. After being lauded as the teaching platforms of the future, most MOOCs (Massive Open Online Course platforms) have not quite lived up to the superlatives made for them, and the sector has had trouble coming up with more innovative ideas for a while.But that appears to be changing if a new wave of startups is any indication. | | WAMDA For its fifth anniversary, the global summit will be gathering over 65 handpicked startups coming from Central and Eastern Europe, the Middle East, Latin America, Asia and Africa. Spanning a wide variety of verticals, from fintech to edtech, med/biotech, agritech, insuretech, cleantech and nanotechnology, the summit will take place at the SwissTech Convention Center in Lausanne, Switzerland to compete for different prizes and the title of Seedstars Global Winner. Winners will receive up to $1M in equity investment, $500K of which will be awarded to the Seedstars Global Winner only. | | The Malaysian Insight MALAYSIA is hoping to draw the interest of foreign technology entrepreneurs away from its neighbours with a slew of tax and visa incentives, Bloomberg reported.Yasmin Mahmood, chief executive officer of Malaysia Digital Economy Corp (MDEC), said policymakers were serious about encouraging tech startups to set up shop to build up a sector that has created more than 170,000 new jobs and contributed 18.2% of gross domestic product in 2017. | | China Economic Review If you have been tracking the developments in China tech, it's hard to ignore this trend: the life cycle of emerging industries—an initial boom followed by the multiplication of competitors and finally market consolidation—is dramatically shortened while startups are forced to move faster in a bid to stay ahead. Apart from startups, other parties involved, investors and regulators, for instance, are also forced to keep up with the shift. | | Business Insider An important step in changing the landscape of the region's innovation scene as Singularity University takes world-renowned leaders to Bangkok to examine the opportunities exponential technologies are offering to industries, global economies, and our everyday lives. | | | | |