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Weekly thoughts: Japanese unicorns; Shenzhen goes green; unhappy workers in the Philippines

News:

  • Can Japan become a centre for innovation and risk-taking that produces a raft of unicorns - start-ups valued over $1bn? Yes says this article, pointing to this week's successful listing of Mercari, the Japanese flea-market app. A more sceptical take argues that Japan still lags far behind the US, China and most other countries when it comes to growing companies.
  • Trees, parks, better sanitation and electric buses. Shenzhen now has less pollution than Hong Kong
  • Our proprietary survey of Philippine workers shows rising levels of dissatisfaction, poor job security and persistent low wages. Behind that are delays in the government's infrastructure programme, falling profits at local companies and declining foreign investment. 

What's new this week on scoutAsia:

  • We have added links to the original articles for more of our publishers. You can now see the original, with pictures and graphics, for articles from Caixin and Yicai, as well as the Financial Times and Nikkei Asian Review

    Best wishes, 
    Your scoutAsia Team

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