Amid global warming, Singapore’s an innovation hot spot: McKinsey chair


Oliver Tonby says aside from political stability, access to people, technologies, academia and research institutes, it helps that innovation in the Republic has active government support

Mr Oliver Tonby, the Singapore-based Asia chair for McKinsey & Co, says the US-led attempt to decouple China from Western technologies goes quite deep and as parallel systems rise, Singapore is well-positioned to be a place where both sides are comfortable.

Amid global warming, Singapore's an innovation hot spot: McKinsey chair

Ravi VelloorAssociate Editor

So, Davos week has just ended and appropriately enough, the World Economic Forum (WEF) themed this year’s discussions around the Great Reset. As always, the Geneva-based forum got its timing right. What better time to be discussing Asia than when it has moved front and centre to the world of geopolitics, economics and the big issue of our time – climate change.

According to WEF’s projection, Asia now accounts for fully half of global gross domestic product, when adjusted for purchasing power parity.

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