GovMedia

25/07/2024

In Asia, only the Philippines and Singapore entered the top 50.

In Asia, only the Philippines and Singapore entered the top 50.

18/07/2024

The Manpower Ministry has accepted a tripartite workgroup's recommendations to enhance their representation. National Trades Union Congress (NTUC) Assistant Secretary-General Wan Ling Yeo, talks more about this. https://bit.ly/3zHVAIy

18/06/2024

The new tariffs, reaching up to 38.1%, will take effect next month, adding to the existing 10% rate.

Chinese automakers are poised to withstand the impact of the European Union's provisional tariffs on battery electric vehicles (BEVs).

18/06/2024

A real estate developer was found to have siphoned funds from SCB for almost a decade.

The failure of Saigon Commercial Bank (SCB) exposed corruption, fraud, and regulatory violations in the banking sector of Vietnam, S&P Global Ratings reported.

14/06/2024

The GovMedia Conference & Awards 2024 in Singapore culminated in a vibrant celebration of Asia Pacific's most innovative public projects and the visionary leaders driving them.

The conference itself sparked knowledge sharing, collaboration, and inspiration, with participants gaining valuable insights on the region's public sector transformation.

Finally, the much-anticipated awards ceremony honoured outstanding achievements across diverse categories, recognising initiatives that exemplify leadership, creativity, and impactful results in public services.

To view the full list of winners, visit: https://bit.ly/4c1RVni

The conference and awards programme offered a dynamic platform for thought leadership, providing valuable perspectives on innovative approaches to governance.

13/06/2024

Australia’s university sector is amongst the most dependent on international student revenue.

The proposed cap on foreign students will “crimp” the financial performance of Australia’s universities, S&P Global Ratings reported.

17/05/2024

The bidding will take place in 2025.

High spectrum fees deterred operator interest in Mexico’s 5G auction in 2025, GlobalData reported.

15/05/2024

Gartner highlights the top five technology trends poised to enhance public service efficiency this year, as explained by Dean Lacheca, Gartner's VP Analyst. https://bit.ly/4bER2QP

09/05/2024

These apps could significantly contribute to the efficiency and accessibility of healthcare services.

Regulatory oversight will be crucial in ensuring the safety, and effectiveness of mobile health (mHealth) apps, GlobalData reported.

06/05/2024

More than half of government respondents perceive a big impact from gen AI.

Public sector leaders are more optimistic about generative AI with 56% of government respondents foreseeing a transformational change in the next year.

06/05/2024

S&P sees the debt of China’s independent power producers to rise by 9.3%.

The debt of China’s state-owned independent power producers will likely increase by 9.3% as they accelerate clean energy investments, S&P reported.

02/05/2024

One-third of governments in the region plan to adopt sovereign cloud services.

One-third of governments in the Asia Pacific region are eyeing the adoption of sovereign cloud services by 2026, IDC reported.

17/04/2024

The US Congress is currently deliberating actions against TikTok.

US Congressional hearings on the TikTok app stressed the need for regulatory measures to protect consumer interests and data security and privacy.

17/04/2024

Gen Zs are expected to account for about 30% of the workforce by 2030.

Governments need to reshape their talent agenda amidst the growing number of Gen Zs in the workforce, McKinsey noted.

17/04/2024

The planned capex across 12 regions will drop by 23% in 2024.

Infrastructure spending in China will likely decline in 2024 as it focuses on containing debt risks, Fitch Ratings reported.

15/04/2024

Mobility spending will drop if consumers replace private cars with bicycles.

Consumers in European cities can save up to €1,330 annually if they replace their private cars with bicycles, McKinsey reported.

15/04/2024

61% of respondents cited compensation as their reason for staying.

More than 60% of US respondents cited compensation as the most important reason for staying in a job, McKinsey reported.

15/04/2024

This is under assumptions that travellers switch to bicycles for 22.5% of their trips.

Travellers in European cities can slash their emissions by up to 500 tonnes, if they replace up to 22.5% of their car trips, McKinsey reported.

02/04/2024

Despite SEA's attractiveness for new investments and business development, corruption scandals have made businesses wary of entering the market, says Nick Williams, Head of Litigation, Arbitration and Employment, Hogan Lovells Asia Pacific. He is joined by Khushaal Ved, Counsel, Investigations, White Collar and Fraud, Hogan Lovells Singapore in this interview.

https://bit.ly/3VQWDzd

13/03/2024

The urban population is expected to increase to 62.8% in 2030, GlobalData estimated.

12/03/2024

The unofficial count showed Defence Minister Prabowo Subianto has secured more than 50% of the vote. https://govmedia.com/news/economic-policy-continuity-in-indonesia-seen-after-2024-presidential-polls-report

12/03/2024

The government encouraged both locals and foreigners to participate in tackling corruption problems.

The National Anti-Corruption Commission (NACC) reaffirmed that witnesses and whistleblowers are protected by law amidst its call for the public to participate

11/03/2024

The unofficial count showed Defence Minister Prabowo Subianto has secured more than 50% of the vote.

A broad economic policy continuity is expected in the administration of the presumed Indonesian president, Defence Minister Prabowo Subianto.

11/03/2024

Vietnam’s defence budget will increase to an estimated $10.2b by 2029, GlobaData reported.

South China Sea disputes and China’s growing assertiveness has driven Vietnam to modernise its military capabilities, GlobalData reported.

04/03/2024

The state of global democracy declined in 2023, the EIU reported.

Only 7.8% of the world’s population lived within a “full democracy,” down from 8.9% in 2015 the EIU reported.

04/03/2024

It would be a mistake for city governments to use more debt to stimulate the economy, S&P Global Ratings said.

City governments in China are at risk of falling into a debt trap, S&P Global Ratings reported.

04/03/2024

It will be impacted by the wars in the Middle East, Ukraine and upcoming elections in many countries.

The wars in the Middle East and Ukraine, and the upcoming elections in many countries will pose high regulatory risks for commodities markets.

12/02/2024

This, however, falls short in prescribing specific practices.

The Draft GenAI Governance Framework showed Singapore’s efforts to contribute to the governance of artificial intelligence (AI), Norton Rose Fulbright noted.

12/02/2024

This is to ensure the continuity of exports to Poland.

The change in leadership in Poland is expected to drive South Korea to diversify its defense markets in Europe to mitigate the risks of losing Polish contracts.

12/02/2024

This comes amidst an evolving geopolitical landscape.

India has allocated a substantial $55.4b to its defense ministry for 2024-2025, which signals its focus on modernisation amidst evolving geopolitical landscape,