Forbes 30 Under 30 Asia highlights Asian entrepreneurs
[ News and Trend of the Week ]
Forbes released their 30 Under 30 list this past Monday, featuring over 20 countries and territories in the Asia-Pacific. This year, the list “highlights daring entrepreneurs who are building businesses mostly to solve problems in their industries.” Among the top of the list are entrepreneurs focusing on areas like AI, Blockchain, and Big Data.
Featured Honoree and Social Entrepreneur Richard Yim founded Demine Robotics to increase accessibility of robotics solutions in countries of conflict. Personally touched by the death of his aunt due to a landmine, Yim started Demine with a vision to end casualties caused by landmines in Cambodia. The company now produces demining excavation machines, called Jevits, to safely locate, remove, and detonate landmines remotely. Yim hopes his company will be able to realize his vision of ridding the world of landmines.
In the upcoming week, UBM (Seatrade) and the Singapore Maritime Foundation will organize the 7th annual Sea Asia, Asia's main maritime exhibition and conference.
This year’s conference, held in Singapore, will feature a new Innovation Arena, sponsored by InnoSpace, Panasonic R&D Centre Singapore and Wilhelmsen Ships Service. Innovation Area will showcase 10 start-up companies that address key challenges in the maritime industry.
Also featured at Sea Asia are new technologies such as virtual reality (VR) welding, an additive manufacturing showcase, and a feature area for new and innovative products and solutions in ship supplies.
Last year’s Sea Asia featured over 400 exhibitors from not only Asia but also countries in Europe such as Denmark and the UK. This year, they aim to increase their presence and tackle issues to expand Asia’s maritime industry.
Report reveals growing scale of impact investing market
[ Impact Investing ]
This week, the Global Impact Investing Network (GIIN) released its latest in-depth analysis regarding the growing scale of the Impact Investing Market. Although Impact Investing is still a novel idea for many investors, it is a rapidly growing industry as more and more people continue to invest their money in creating social and environmental benefits.
Based on data from over 1,300 impact investor organizations around the globe, GIIN set an estimate that the current market size of the global impact investing market to be $502 Billion, much larger than previous estimates on the matter. Although this figure is gives Impact Investing a positive outlook into the future, there is still much work to be done to expand Impact Investing into the mainstream.
Chinese Entrepreneurs Flocking to Africa
[ People x Places ]
In the past two decades, nearly a million Chinese have flocked over to Africa to capitalize on the potential growth expected of this country. As this frenzy for Africa continues, it is Chinese entrepreneurs who have been silently working behind the scenes to transform the country.
Capitalizing on massive infrastructure projects backed by the Belt and Road initiative, privately owned Chinese businesses have made huge profits. However, many argue that African resources should be going to the African people and that this dubbed “Second Scramble for Africa” is just the continued exploitation of the Africa.
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