The World Bank has made a volte-face on industrial policy. Southeast Asian countries will need to consider the new policy, but calibrate it across vastly different national contexts.
While much of the AI debate focuses on its economic potential, its expanding physical footprint tells a different story. The machines driving this revolution depend on a resource far older – and far more contested – than data or electricity.
Singapore-headquartered startups and financiers dominateds regional fundraising, while in Indonesia and Vietnam, electric mobiity startups attracted the bulk …