SINGAPORE - A short film by Singapore artists Mark Chua and Lam Li Shuen has come out tops in a prize for young artists who create digital art.
The Cup, a surreal story of a man with a brewing machine for a head, was born amid the isolation of last year s circuit breaker period.
Chua, 29, and Lam, 25, received US$15,000 (S$19,890) for their black-and-white video, which won in the Moving Image category of the Julius Baer Next Generation Art Prize.
The inaugural award by the Swiss private banking group was announced in November last year, with an open call to South-east Asian artists aged 18 to 40.
Julius Baer Launches The World s First Digital Art Prize In Southeast Asia forbes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from forbes.com Daily Mail and Mail on Sunday newspapers.
Cautious but optimistic growth outlook
The International Monetary Fund (IMF), in its October issue of the World Economic Outlook, anticipates global GDP growth to rebound by 5.2% year on year in 2021, following a sharp contraction of 4.4% estimated for 2020 (+2.8% in 2019).
Despite an expected turnaround in global GDP growth, both IMF and the Organisation for Economic Co-operation and Development caution that there are still uncertainties and downside risks for growth in 2021, especially with the potential of new cases increasing widely or if there are challenges in the development and deployment of a vaccine.
We believe the downside risks to 2021 would be less influenced by trade tensions between the US and China, and incoming US president Joe Biden has promised to strengthen trade relations with its allies. With mounting domestic issues at hand, especially with concerns about the pandemic as well as further stimulus measures, we do not anticipate Biden will place additional pres