Small and medium sized enterprises (SMEs) in Singapore have been hailed as the driving force behind the island nation’s economy. The government there has pointed out that SMEs make up 99 percent of all enterprises in the country and employ as many as 65 percent of Singapore’s workforce.
For the West, the year 2008 marked the beginning of a difficult period of crisis, recession, and uneven recovery. For China, 2008 was also an important turning point, but one followed by a decade of rapid progress that few could have foreseen.
Technology is often oversold as either a panacea for the world’s problems or an unshakeable curse inflicting disruption and displacement on the most vulnerable. But historically, neither of these characterizations is accurate.
Apple – the culture-changing company behind the iPod, iPhone and iPad – hit another milestone on Thursday, becoming the first private-sector company to surpass US$1 trillion in market value.
Singapore’s status as a hyperconnected financial hub makes it a prime target for hackers, and recently reported attacks have intensified the focus on cyber security as it pushes to become one of the world’s leading technology hubs.
Over the past two decades, China has been achieving rapid technological progress, thanks in no small part to its massive investment in research and development, which totaled some 2.2 percent of its gross domestic product (GDP) last year.
In many dimensions, today’s West is not at its best. Many people are challenging the values of liberal democracy (individual rights and majority rule) and even those of the Enlightenment (reason, science, and truth).
Ever since the ancient Greek poet Theocritus wrote his pastoral idylls romanticizing rural life, people have been pondering how to build cities that are in concert with their natural surroundings.