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The world's poorest children are paying a high price for scholarships

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The world's poorest children are paying a high price for scholarships When donating aid, donor countries should prioritise basic rather than higher education. For many donor countries, a large proportion of "aid" never leaves their country. Spending this money on education in the world's poorest countries could go a long way to giving the 132 million out-of-school children and adolescents the chance for a better future. Our recent policy paper, Education for All is affordable - by 2015 and beyond [PDF], shows that the financing gap for achieving basic education has grown by $10 billion in three years and now totals $26 billion per year. This increased finance gap is primarily due to donors failing to increase aid significantly to help developing countries send children to school. This finance gap can be bridged, however, if both developing countries and donors prioritised basic education. Currently, however, donors spend $3.1 billion per year on university ...
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The year 2015 was a mixed bag for Malaysia’s startup ecosystem. Often outshone by neighbors Singapore and Indonesia, Malaysia – a country of 30 million people – figured prominently on investors’ radar, thanks to the initiatives of government agency Malaysian Global Innovation and Creativity Center (MaGIC). Also, last year saw one of the largest acquisitions of a Southeast Asian internet company after the REA Group bought Malaysia’s iProperty. Yet the country also attracted global attention for the wrong reasons. A corruption scandal involving the sovereign wealth fund broke, and the Malaysian ringgit tumbled to multi-year lows, rocking consumer confidence. We also witnessed the departure of MaGIC’s top honchos, which worried some there could be a change in the agency’s focus on producing high-growth, regional startups. Despite the upheavals, Malaysian startups have shown their resilience, and some have even proven themselves to be a cut above the rest. Tech in Asia has taken n...
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