Malaysia and Charleston, SC

RANAU, July 6 (Bernama) — Biotechnology has been identified as an integral part of Malaysia’s plan to accelerate the nation’s transformation into an innovation-driven, knowledge-based economy, said Minister of Science, Technology and Innovation Datuk Dr Ewon Ebin.  rest of the article

Boeing’s IT workforce bolsters tech economy across Lowcountry

The Boeing Co. is boosting the Lowcountry’s tech sector and increasing its diversity with plans to bring 600 information technology employees to North Charleston. “It absolutely reaffirms in a very, very strong and a very, very positive way that the software industry in Charleston is absolutely sustainable and absolutely durable,” said Ernest Andrade, executive director for the Charleston Digital Corridor. “It’ll clearly become one of the anchors of the IT industry in Charleston. We continue to exceed extremely well, but now you’ve just added a lot of fuel to that growth.” Andrade said the high-tech sector makes up 4.7% of Charleston’s economy, and the average wage in the sector is roughly $77,000. The multiplier effect for local job creation driven by high tech and manufacturing is 4.3 jobs. “We have successfully demonstrated that we can build a sustainable knowledge economy in Charleston,” Andrade said. “Now, what we’re seeing is the addition of diversification within the tech industry. These are software jobs related to the aviation industry, so we’ve just added another dimension that further insulates our software industry and ensures it will continue to thrive irrespective of the typical bumps you see with economic cycles.”  rest of article