Category Archives: Economics

$115.7 Billion Worldwide Spending on Robotics Systems and Drones Forecast in 2019

A new update to the International Data Corporation (IDC) Worldwide Semiannual Robotics and Drones Spending Guide forecasts worldwide spending on robotics systems and drones will total $115.7 billion in 2019, an increase of 17.6% over 2018. By 2022, IDC expects this spending will reach $210.3 billion with a compound annual growth rate (CAGR) of 20.2%.

Malaysian Taxation – The Tasks Ahead for SST

The reinstatement of SST to replace GST means that the new SST rate is expected to be higher yet with lesser tax coverage than the GST. Consumers will not be burdened much with the tax payment, except those goods and services comply with the SST.

SMU researcher wins 2018 ACM SIGSOFT Impact Paper Award

Singapore Management University Associate Professor Jiang Lingxiao has received the 2018 ACM SIGSOFT Impact Paper Award, a prize that recognises influential papers presented in the last decade. SMU Office of…

People power

State-level policy in the U.S. is responsive to public opinion, study shows.  CAMBRIDGE, MA — In politics, your voices make a difference. At least at the state level of U.S….

Madison startup completing 100 solar setups in rural Africa

NovoMoto, a spinoff from the University of Wisconsin–Madison, is finishing its first 100 solar lighting installations in the Democratic Republic of Congo. NovoMoto LLC distributes the systems on a rent-to-own…

How often do medical problems lead to bankruptcy?

Poor health is a less common cause of bankruptcy than commonly thought, but it brings other economic woes. CAMBRDIGE, MASS.–A team of researchers led by an MIT economist has found…