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 - titleForeign Affairs Focus: Benn Steil on Fed Policy
 - description_old August 6, 2014 Did U.S. Federal Reserve Chair Ben Bernanke cause the Ukraine crisis? "You can certainly say that Bernanke was at least the butterfly wings that precipitated the crisis," argues Benn Steil, senior fellow at the Council on Foreign Relations and the author of "Taper Trouble" in the July/August 2014 edition of Foreign Affairs. Gideon Rose, editor of Foreign Affairs, interviews Benn Steil, senior fellow at the Council on Foreign Relations, on the international consequences of Fed policy. Gideon Rose and Benn Steil Gideon Rose Benn Steil Referring articles: Taper Trouble Terms of use: We or our licensors own all content and materials on ForeignAffairs.com, including, without limitation, all trademarks, service marks, trade names, trade dress, and copyrights. You agree not to sell or modify such content or materials or reproduce, display, publicly perform, distribute, or otherwise use such content or materials in any way for any public or commercial purpose, in connection with products or services that are not those of CFR, in any other manner that is likely to cause confusion among consumers, that disparages or discredits us or its licensors, that dilutes the strength of our or our licensor's property, or that otherwise infringes our or our licensor's intellectual property rights. Terms of use
 - description August 6, 2014 Did U.S. Federal Reserve Chair Ben Bernanke cause the Ukraine crisis? "You can certainly say that Bernanke was at least the butterfly wings that precipitated the crisis," argues Benn Steil, senior fellow at the Council on Foreign Relations and the author of "Taper Trouble" in the July/August 2014 edition of Foreign Affairs. Gideon Rose, editor of Foreign Affairs, interviews Benn Steil, senior fellow at the Council on Foreign Relations, on the international consequences of Fed policy. Gideon Rose and Benn Steil Gideon Rose Benn Steil Referring articles: Taper Trouble Terms of use: We or our licensors own all content and materials on ForeignAffairs.com, including, without limitation, all trademarks, service marks, trade names, trade dress, and copyrights. You agree not to sell or modify such content or materials or reproduce, display, publicly perform, distribute, or otherwise use such content or materials in any way for any public or commercial purpose, in connection with products or services that are not those of CFR, in any other manner that is likely to cause confusion among consumers, that disparages or discredits us or its licensors, that dilutes the strength of our or our licensor's property, or that otherwise infringes our or our licensor's intellectual property rights. Terms of use
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 - content_oldDid U.S. Federal Reserve Chair Ben Bernanke cause the Ukraine crisis? "You can certainly say that Bernanke was at least the butterfly wings that precipitated the crisis," argues Benn Steil, senior fellow at the Council on Foreign Relations and the author of <a href="http://www.foreignaffairs.com/articles/141534/benn-steil/taper-trouble" target="_blank">"Taper Trouble"</a> in the July/August 2014 edition of Foreign Affairs. "I would argue that if the Fed had remained dovish, say for another six months or so, it is possible that Ukraine could have gotten over this hump and Yanukovych would still be in power today."Steil recently sat down with Foreign Affairs Editor Gideon Rose for a wide-ranging conversation on the international consequences of Fed policy. A full transcript is available below:ROSE: Hi there. I'm Gideon Rose, editor of Foreign Affairs. Welcome to another edition of Foreign Affairs Focus. Today, we have the distinct honor and privilege of having Benn Steil of the Council on Foreign Relations with us, who's going to talk about his article, "Taper Trouble."Ben, most people think of the U.S. Federal Reserve as a domestic American institution responsible for setting monetary policy, obviously involved in the economics of the United States. Your article argues that its actions have dramatic and significant international consequences. What do you mean by that?STEIL: Very significant; in fact, I also argue that these are ultimately going to feed back over here and create even greater tensions in the global trading system. But go back to what I think was really the -- the seminal event, driving this message home may have last year when Ben Bernanke made his first famous taper comments.This was an exquisitely hedged statement indicating that the Fed might, at some point in the coming months if economic circumstances are warranted, begin paring back or tapering its monthly purchases of U.S. Treasury securities and mortgage-backed securities.The reaction in emerging market, currency and bond markets was immediate and savage. Emerging markets with a specific set of characteristics, in particular, countries running large current account deficits -- these are countries that were very dependent on the short-term capital inflows that were being facilitated by the Feds, kiwi, their monthly asset purchases, were hit very hard.And in fact, the country that was hit most hard, was Ukraine, which was supporting an 8 percent current account deficit. At the time you saw yields on Ukrainian 10-year bonds soaring from under 7 percent up to near 11 percent, a level at which it stayed for most of the rest of the year.ROSE: So Ben Bernanke caused the Ukraine crisis?STEIL: You can certainly say that Bernanke was at least the butterfly wings that precipitated the crisis. I would argue that if the Fed had remained dovish, say for another six months or so, it is possible that Ukraine could have gotten over this hump and Yanukovych would still be in power today.The reason I say this is that at 11 percent yield on 10-year Ukrainian sovereign bonds, Yanukovych was unable to keep rolling over his short-term debt. And as we know, he was ultimately forced into turning to Moscow for -- for a bail-out, and the rest is history.ROSE: The Fed has enough troubles dealing with its existing two mandates for price stability and employment. Are you suggesting they're going to add a third mandate of taking care of the rest of the world's political and economic problems as well?STEIL: No, I'm certainly not. The Fed does take an internationalist outlook, but from the perspective of making sure that problems overseas don't blow back in the United States. The example I gave in my article was in October of 2008, the Federal Open Market Committee meets to decide which emerging markets would be the beneficiaries of swap lines from ...ROSE: So it already does make some decisions about international consequences, but it views those through a U.S. lens.STEIL: Precisely. It determined that only four emerging market countries would be the beneficiary of such swap lines: Brazil, Mexico, Singapore, and South Korea. And how did they choose these countries? They decided that these countries were systemically important to the United States and that if the United States did not provide them with swap lines, an easy way to get access to U.S. dollars in a crisis, they might resort to other methods that would be harmful to us, for example, selling Fannie Mae and Freddie Mac's securities and pushing up mortgage prices in the United States.ROSE: So you're a country that is gonna be effected by the U.S. Fed's actions, but for whatever reason, your interests aren't going to be taken into account by the Fed ...STEIL: That's right.ROSE: ...in the decision making. What do you do in that scenario?STEIL: Well, in fact, the IMF did a really interesting study on this last year. They looked at the impact of so-called unconventional monetary policy in the United States in 2010 in emerging markets. And they identified three key characteristics that countries had, which weathered the turmoil well.They had a low ratio of foreign ownership, but domestic assets. They were running current account surpluses. And they had large foreign exchange reserves. This translates directly into a policy agenda. Basically in good times, emerging market governments should apply a firm hand to keep their currency and imports down and their exports and foreign exchange reserves up.Unfortunately, this is precisely the U.S. Congress's definition of currency manipulation. And therein lie the seeds of future trade conflict, as far as I'm concerned.ROSE: So would you say -- is it fair to say that if the Fed isn't going to take others' interest into account, at least it should allow them to do the things that they need to protect themselves? STEIL: Well, yes. I mean, it's impossible to argue, for example, that South Korea has not been an enormous economic success over the past 15 years since the Asia crisis. And one of the key factors in its success is that it's made itself a lot less vulnerable to financial crises. How has it done that? Partly by building up large U.S. dollar foreign exchange reserves, partly by running current account surpluses, partly by keeping their debt low.Other countries, such as Chile in the 1990s, used very moderate considered restrictions on short-term capital flows in order to ensure that the economy wouldn't be buffeted by massive and rapid changes in foreign investor sentiment.These are the sorts of things I think the United States in its own interest needs to allow in order to prevent crises like we're seeing right now
 - contentDid U.S. Federal Reserve Chair Ben Bernanke cause the Ukraine crisis? "You can certainly say that Bernanke was at least the butterfly wings that precipitated the crisis," argues Benn Steil, senior fellow at the Council on Foreign Relations and the author of <a href="http://www.foreignaffairs.com/articles/141534/benn-steil/taper-trouble" target="_blank">"Taper Trouble"</a> in the July/August 2014 edition of Foreign Affairs. "I would argue that if the Fed had remained dovish, say for another six months or so, it is possible that Ukraine could have gotten over this hump and Yanukovych would still be in power today."Steil recently sat down with Foreign Affairs Editor Gideon Rose for a wide-ranging conversation on the international consequences of Fed policy. A full transcript is available below:ROSE: Hi there. I'm Gideon Rose, editor of Foreign Affairs. Welcome to another edition of Foreign Affairs Focus. Today, we have the distinct honor and privilege of having Benn Steil of the Council on Foreign Relations with us, who's going to talk about his article, "Taper Trouble."Ben, most people think of the U.S. Federal Reserve as a domestic American institution responsible for setting monetary policy, obviously involved in the economics of the United States. Your article argues that its actions have dramatic and significant international consequences. What do you mean by that?STEIL: Very significant; in fact, I also argue that these are ultimately going to feed back over here and create even greater tensions in the global trading system. But go back to what I think was really the -- the seminal event, driving this message home may have last year when Ben Bernanke made his first famous taper comments.This was an exquisitely hedged statement indicating that the Fed might, at some point in the coming months if economic circumstances are warranted, begin paring back or tapering its monthly purchases of U.S. Treasury securities and mortgage-backed securities.The reaction in emerging market, currency and bond markets was immediate and savage. Emerging markets with a specific set of characteristics, in particular, countries running large current account deficits -- these are countries that were very dependent on the short-term capital inflows that were being facilitated by the Feds, kiwi, their monthly asset purchases, were hit very hard.And in fact, the country that was hit most hard, was Ukraine, which was supporting an 8 percent current account deficit. At the time you saw yields on Ukrainian 10-year bonds soaring from under 7 percent up to near 11 percent, a level at which it stayed for most of the rest of the year.ROSE: So Ben Bernanke caused the Ukraine crisis?STEIL: You can certainly say that Bernanke was at least the butterfly wings that precipitated the crisis. I would argue that if the Fed had remained dovish, say for another six months or so, it is possible that Ukraine could have gotten over this hump and Yanukovych would still be in power today.The reason I say this is that at 11 percent yield on 10-year Ukrainian sovereign bonds, Yanukovych was unable to keep rolling over his short-term debt. And as we know, he was ultimately forced into turning to Moscow for -- for a bail-out, and the rest is history.ROSE: The Fed has enough troubles dealing with its existing two mandates for price stability and employment. Are you suggesting they're going to add a third mandate of taking care of the rest of the world's political and economic problems as well?STEIL: No, I'm certainly not. The Fed does take an internationalist outlook, but from the perspective of making sure that problems overseas don't blow back in the United States. The example I gave in my article was in October of 2008, the Federal Open Market Committee meets to decide which emerging markets would be the beneficiaries of swap lines from ...ROSE: So it already does make some decisions about international consequences, but it views those through a U.S. lens.STEIL: Precisely. It determined that only four emerging market countries would be the beneficiary of such swap lines: Brazil, Mexico, Singapore, and South Korea. And how did they choose these countries? They decided that these countries were systemically important to the United States and that if the United States did not provide them with swap lines, an easy way to get access to U.S. dollars in a crisis, they might resort to other methods that would be harmful to us, for example, selling Fannie Mae and Freddie Mac's securities and pushing up mortgage prices in the United States.ROSE: So you're a country that is gonna be effected by the U.S. Fed's actions, but for whatever reason, your interests aren't going to be taken into account by the Fed ...STEIL: That's right.ROSE: ...in the decision making. What do you do in that scenario?STEIL: Well, in fact, the IMF did a really interesting study on this last year. They looked at the impact of so-called unconventional monetary policy in the United States in 2010 in emerging markets. And they identified three key characteristics that countries had, which weathered the turmoil well.They had a low ratio of foreign ownership, but domestic assets. They were running current account surpluses. And they had large foreign exchange reserves. This translates directly into a policy agenda. Basically in good times, emerging market governments should apply a firm hand to keep their currency and imports down and their exports and foreign exchange reserves up.Unfortunately, this is precisely the U.S. Congress's definition of currency manipulation. And therein lie the seeds of future trade conflict, as far as I'm concerned.ROSE: So would you say -- is it fair to say that if the Fed isn't going to take others' interest into account, at least it should allow them to do the things that they need to protect themselves? STEIL: Well, yes. I mean, it's impossible to argue, for example, that South Korea has not been an enormous economic success over the past 15 years since the Asia crisis. And one of the key factors in its success is that it's made itself a lot less vulnerable to financial crises. How has it done that? Partly by building up large U.S. dollar foreign exchange reserves, partly by running current account surpluses, partly by keeping their debt low.Other countries, such as Chile in the 1990s, used very moderate considered restrictions on short-term capital flows in order to ensure that the economy wouldn't be buffeted by massive and rapid changes in foreign investor sentiment.These are the sorts of things I think the United States in its own interest needs to allow in order to prevent crises like we're seeing right now
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 - titleMalaysia: A fresh start
 - description_oldTen months since historic elections that rocked the nation's political landscape, Malaysia, once again headed by Prime Minister Mahathir Mohamad, is focused on restoring the transparency and rule of law to the country, which was hounded by several allegations of corruption during the nine-year tenure of Najib Razak. As the Pakatan Harapan (Alliance of Hope) coalition rebuilds Malaysia's reputation around the world, Foreign Minister Saifuddin Abdullah reaffirms Mahathir's commitment to transparent governance, confident that the policy will ensure the economic prosperity of the nation: “There will be no more ‘direct negotiations for government contracts and tenders.' We want to embrace the idea of open candor to the fullest,” he stated. Given that the coalition is led by Mahathir and his erstwhile political rival, Anwar Ibrahim, this new united front provides much needed reassurance to governments and businesses, both domestic and foreign.
 - descriptionTen months since historic elections that rocked the nation's political landscape, Malaysia, once again headed by Prime Minister Mahathir Mohamad, is focused on restoring the transparency and rule of law to the country, which was hounded by several allegations of corruption during the nine-year tenure of Najib Razak. As the Pakatan Harapan (Alliance of Hope) coalition rebuilds Malaysia's reputation around the world, Foreign Minister Saifuddin Abdullah reaffirms Mahathir's commitment to transparent governance, confident that the policy will ensure the economic prosperity of the nation: “There will be no more ‘direct negotiations for government contracts and tenders.' We want to embrace the idea of open candor to the fullest,” he stated. Given that the coalition is led by Mahathir and his erstwhile political rival, Anwar Ibrahim, this new united front provides much needed reassurance to governments and businesses, both domestic and foreign.
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 - tagsMalaysia, Economy, Manufacturing, Law Firms, American Malaysian Chamber of Commerce, Lee Hishammuddin Allen & Gledhill (LHAG), Wong Jin Nee & Teo (WJN&T), SilTerra,, Global Ikwhan Service & Business (GISB) Holdings, VinnPower
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 - content_oldTen months since historic elections that rocked the nation’s political landscape, Malaysia, once again headed by Prime Minister Mahathir Mohamad, is focused on restoring the transparency and rule of law to the country, which was hounded by several allegations of corruption during the nine-year tenure of Najib Razak. As the Pakatan Harapan (Alliance of Hope) coalition rebuilds Malaysia’s reputation around the world, Foreign Minister Saifuddin Abdullah reaffirms Mahathir’s commitment to transparent governance, confident that the policy will ensure the economic prosperity of the nation: “There will be no more ‘direct negotiations for government contracts and tenders.’ We want to embrace the idea of open candor to the fullest,” he stated. Given that the coalition is led by Mahathir and his erstwhile political rival, Anwar Ibrahim, this new united front provides much needed reassurance to governments and businesses, both domestic and foreign. The <a href="https://amcham.com.my/" target="_blank">American Malaysian Chamber of Commerce (AMCHAM)</a> welcomes the fresh commitment to open governance, stressing that it will attract more American foreign direct investment to the country, which possesses abundant natural resources and highly skilled workers. AMCHAM Executive Director Siobhan Das said: “American companies have found a very exciting and cooperative environment to base themselves in the region. They’ve thrived, mutually and symbiotically, with Malaysia.” Similarly, companies from other parts of the world have adopted a favorable view of Malaysia’s vision and choose for their operations to use the country as a launch pad to the rest of the ASEAN region. Amid this resurgence, Malaysia can resume its project to build a knowledge-based economy and prepare for so-called Industry 4.0. Among those gearing up the Fourth Industrial Revolution are the country’s law firms, which are contributing to building the knowledge-based economy by providing their partners with further education and training. Multi-disciplinary practices, like <a href="https://www.lh-ag.com/" target="_blank">Lee Hishammuddin Allen & Gledhill (LHAG)</a>, have adopted this strategy in order to offer extensive services and in-depth expertise to all their clients. “We want to develop a system that is not just for us, but for the future of our youth. We want a country that is stable, modern and progressive. This is a government made up of very successful and business-friendly people. We, at LHAG, are doing our part to support and contribute to the government’s push towards a better Malaysia,” <a href="https://www.lh-ag.com/dato-nitin-nadkarni/?cat=people" target="_blank">Partner Dato’ Nitin Nadkarni</a> said. Meanwhile, specialized law firms, like <a href="https://www.wjnt-law.com/intro/" target="_blank">Wong Jin Nee & Teo (WJN&T)</a> have identified the nation’s smaller companies as its main clientele, mindful that SMEs are the foundation of stable and successful economies. “Over 98% of Malaysian businesses are classified as SMEs. They are the backbone of the economy. While we serve many international clients, we do not put our own SMEs in the backseat because they are the ones lacking in services. We need to help them move up the value chain. We help educate them and make them realize the importance of intellectual property,” <a href="https://www.wjnt-law.com/intro/our-team/teo-bong-kwang/" target="_blank">Founding Partner Teo Bong Kwang</a> said. As Malaysia steps up its efforts to regain its economic strength and move towards Industry 4.0, both the private and public sector have increased their investment in improving their technology, developing entrepreneurship and providing workers with the new skills required by a another generation of businesses. Starting off as a semiconductor manufacturer in the mid-1990s, when Malaysia was dubbed as one of Asia’s Tiger Cub Economies, <a href="http://www.silterra.com/" target="_blank">SilTerra</a> was synonymous with innovation. More than three decades later, the company remains at the forefront of its sector because of its ability to quickly adapt to the ever-changing demands of the industry. Today, the Malaysian company, with offices also in Taiwan and Silicon Valley, develops emerging technologies, like silicon photonics and advanced power, which go into biosensors, DNA sequencing chips, micro-mirror displays, and high efficiency power devices, among others. The Malaysian government has continued its support for initiatives like the <a href="https://www.cradle.com.my/" target="_blank">Cradle Fund Sdn Bhd</a>, which brings together tech experts and offers funding for early stage start-ups to develop Malaysia’s tech entrepreneurship. Since its incorporation under the Ministry of Finance in 2003, the fund has helped more than 900 local startups and has achieved the highest commercialization rate of all similar government initiatives. Among the world’s fastest growing markets, Malaysia highlights its various races, cultures, languages and religions as an advantage to foreign companies looking for a base of operations in Southeast Asia. One company in particular, <a href="https://www.gmipost.com/admin/article/Global%20Ikwhan%20Service%20&%20Business%20(GISB)%20Holdings" target="_blank">Global Ikhwan Service & Business Holdings (GISB)</a>, has shown that it is possible to thrive in an increasingly globalized business environment without having to turn its back on cherished Islamic values. In doing so, the company is able to provide a fresh perspective about the world view of Islamic-led businesses. “Our company’s main goal is not necessarily to benefit from our businesses, but to provide services to others. Profits come when they come. Our success has stemmed from putting the needs of others before our own,” GISB CEO Lokman Hakim Pfordten said. Among the top ten home-grown distribution brands in Malaysia and a major distributor of audio goods in Southeast Asia, <a href="http://www.vinnfier.com.my/index.html" target="_blank">VinnPower</a> has expanded rapidly in the past eight years and has found its products on the shelves of the Hypermarket and Electronic retail chain. “We have grown because of the partnerships that we have formed throughout the years. We designed our own brand, Vinnfier, and also designed products for the own distribution of other brands. These relationships we have formed are built on trust. In Southeast Asia, we have become experts,” VinnPower Executive Director Alan Wong said. As the Mahathir-led coalition completes its first year in government, the world remains highly enthusiastic about the trajectory of the economy, still confident that the nation will regain its status as an important, credible voice in the region grappling with many challenges, both geopolitical and economic.
 - contentTen months since historic elections that rocked the nation’s political landscape, Malaysia, once again headed by Prime Minister Mahathir Mohamad, is focused on restoring the transparency and rule of law to the country, which was hounded by several allegations of corruption during the nine-year tenure of Najib Razak. As the Pakatan Harapan (Alliance of Hope) coalition rebuilds Malaysia’s reputation around the world, Foreign Minister Saifuddin Abdullah reaffirms Mahathir’s commitment to transparent governance, confident that the policy will ensure the economic prosperity of the nation: “There will be no more ‘direct negotiations for government contracts and tenders.’ We want to embrace the idea of open candor to the fullest,” he stated. Given that the coalition is led by Mahathir and his erstwhile political rival, Anwar Ibrahim, this new united front provides much needed reassurance to governments and businesses, both domestic and foreign. The <a href="https://amcham.com.my/" target="_blank">American Malaysian Chamber of Commerce (AMCHAM)</a> welcomes the fresh commitment to open governance, stressing that it will attract more American foreign direct investment to the country, which possesses abundant natural resources and highly skilled workers. AMCHAM Executive Director Siobhan Das said: “American companies have found a very exciting and cooperative environment to base themselves in the region. They’ve thrived, mutually and symbiotically, with Malaysia.” Similarly, companies from other parts of the world have adopted a favorable view of Malaysia’s vision and choose for their operations to use the country as a launch pad to the rest of the ASEAN region. Amid this resurgence, Malaysia can resume its project to build a knowledge-based economy and prepare for so-called Industry 4.0. Among those gearing up the Fourth Industrial Revolution are the country’s law firms, which are contributing to building the knowledge-based economy by providing their partners with further education and training. Multi-disciplinary practices, like <a href="https://www.lh-ag.com/" target="_blank">Lee Hishammuddin Allen & Gledhill (LHAG)</a>, have adopted this strategy in order to offer extensive services and in-depth expertise to all their clients. “We want to develop a system that is not just for us, but for the future of our youth. We want a country that is stable, modern and progressive. This is a government made up of very successful and business-friendly people. We, at LHAG, are doing our part to support and contribute to the government’s push towards a better Malaysia,” <a href="https://www.lh-ag.com/dato-nitin-nadkarni/?cat=people" target="_blank">Partner Dato’ Nitin Nadkarni</a> said. Meanwhile, specialized law firms, like <a href="https://www.wjnt-law.com/intro/" target="_blank">Wong Jin Nee & Teo (WJN&T)</a> have identified the nation’s smaller companies as its main clientele, mindful that SMEs are the foundation of stable and successful economies. “Over 98% of Malaysian businesses are classified as SMEs. They are the backbone of the economy. While we serve many international clients, we do not put our own SMEs in the backseat because they are the ones lacking in services. We need to help them move up the value chain. We help educate them and make them realize the importance of intellectual property,” <a href="https://www.wjnt-law.com/intro/our-team/teo-bong-kwang/" target="_blank">Founding Partner Teo Bong Kwang</a> said. As Malaysia steps up its efforts to regain its economic strength and move towards Industry 4.0, both the private and public sector have increased their investment in improving their technology, developing entrepreneurship and providing workers with the new skills required by a another generation of businesses. Starting off as a semiconductor manufacturer in the mid-1990s, when Malaysia was dubbed as one of Asia’s Tiger Cub Economies, <a href="http://www.silterra.com/" target="_blank">SilTerra</a> was synonymous with innovation. More than three decades later, the company remains at the forefront of its sector because of its ability to quickly adapt to the ever-changing demands of the industry. Today, the Malaysian company, with offices also in Taiwan and Silicon Valley, develops emerging technologies, like silicon photonics and advanced power, which go into biosensors, DNA sequencing chips, micro-mirror displays, and high efficiency power devices, among others. The Malaysian government has continued its support for initiatives like the <a href="https://www.cradle.com.my/" target="_blank">Cradle Fund Sdn Bhd</a>, which brings together tech experts and offers funding for early stage start-ups to develop Malaysia’s tech entrepreneurship. Since its incorporation under the Ministry of Finance in 2003, the fund has helped more than 900 local startups and has achieved the highest commercialization rate of all similar government initiatives. Among the world’s fastest growing markets, Malaysia highlights its various races, cultures, languages and religions as an advantage to foreign companies looking for a base of operations in Southeast Asia. One company in particular, <a href="https://www.gmipost.com/admin/article/Global%20Ikwhan%20Service%20&%20Business%20(GISB)%20Holdings" target="_blank">Global Ikhwan Service & Business Holdings (GISB)</a>, has shown that it is possible to thrive in an increasingly globalized business environment without having to turn its back on cherished Islamic values. In doing so, the company is able to provide a fresh perspective about the world view of Islamic-led businesses. “Our company’s main goal is not necessarily to benefit from our businesses, but to provide services to others. Profits come when they come. Our success has stemmed from putting the needs of others before our own,” GISB CEO Lokman Hakim Pfordten said. Among the top ten home-grown distribution brands in Malaysia and a major distributor of audio goods in Southeast Asia, <a href="http://www.vinnfier.com.my/index.html" target="_blank">VinnPower</a> has expanded rapidly in the past eight years and has found its products on the shelves of the Hypermarket and Electronic retail chain. “We have grown because of the partnerships that we have formed throughout the years. We designed our own brand, Vinnfier, and also designed products for the own distribution of other brands. These relationships we have formed are built on trust. In Southeast Asia, we have become experts,” VinnPower Executive Director Alan Wong said. As the Mahathir-led coalition completes its first year in government, the world remains highly enthusiastic about the trajectory of the economy, still confident that the nation will regain its status as an important, credible voice in the region grappling with many challenges, both geopolitical and economic.
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 - titleSilTerra: Defining tomorrow in Malaysia today
 - description_oldGlobally ranked 16th by Gartner in the pure-play foundries category, SilTerra clearly punches above its weight. Originally set up in 1995 as a semiconductor manufacturer in line with then Malaysian Prime Minister Mahathir Mohamad's Second Industrial Master Plan, the company has since expanded into advanced microelectronics.
 - descriptionGlobally ranked 16th by Gartner in the pure-play foundries category, SilTerra clearly punches above its weight. Originally set up in 1995 as a semiconductor manufacturer in line with then Malaysian Prime Minister Mahathir Mohamad's Second Industrial Master Plan, the company has since expanded into advanced microelectronics.
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 - content_oldGlobally ranked 16th by Gartner in the pure-play foundries category, <a href="http://www.silterra.com/" target="_blank">SilTerra</a> clearly punches above its weight. Originally set up in 1995 as a semiconductor manufacturer in line with then Malaysian Prime Minister Mahathir Mohamad’s Second Industrial Master Plan, the company has since expanded into advanced microelectronics. <figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Malaysia%202018/FA-MALAYSIA-2019-Silterra-Wafer.jpg" alt="" width="358" height="250" /><figcaption class="image-caption">SilTerra ensures that its customers receive only the highest quality wafers.</figcaption></figure> By focusing on emerging technologies such as silicon photonics, <a href="http://www.silterra.com/technologies.html#tab_e" target="_blank">MEMS and advanced power</a>, SilTerra has helped its customers to develop innovative products like bio-sensors, DNA sequencing chips, micro-mirror displays, <a href="http://www.silterra.com/technologies.html#tab_c" target="_blank">high efficiency power devices and ultra-low power chips for the IOT</a>, and wearables. Supporting efforts in the life sciences, healthcare and automotive markets, SilTerra also manages to meet green technology standards in the transportation, data-center and communications industries. SilTerra’s emergence as a top company in its industry is the result of years of developing local skills and nurturing strategic partnerships with universities and organizations such as <a href="https://www.imec-int.com/en/home" target="_blank">imec</a>, the Belgium-based leading research institute in nanoelectronics. SilTerra’s customers include innovative start-ups and global tech giants LG, Sony and Qualcomm that provide chips to brand names like Amazon and Google. One California-based start-up was acquired for $1.2 billion after enlisting SilTerra to launch its DNA Sequencing Chip. “Through SilTerra’s own transformation, we have been able to collaborate with emerging companies around the world to develop their dreams into innovative new products. SilTerra is now looking forward to stepping up its role in Malaysia and playing our part in developing a vibrant high-tech ecosystem for the nation,” CEO Firdaus Abdullah said.
 - contentGlobally ranked 16th by Gartner in the pure-play foundries category, <a href="http://www.silterra.com/" target="_blank">SilTerra</a> clearly punches above its weight. Originally set up in 1995 as a semiconductor manufacturer in line with then Malaysian Prime Minister Mahathir Mohamad’s Second Industrial Master Plan, the company has since expanded into advanced microelectronics. <figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Malaysia%202018/FA-MALAYSIA-2019-Silterra-Wafer.jpg" alt="" width="358" height="250" /><figcaption class="image-caption">SilTerra ensures that its customers receive only the highest quality wafers.</figcaption></figure> By focusing on emerging technologies such as silicon photonics, <a href="http://www.silterra.com/technologies.html#tab_e" target="_blank">MEMS and advanced power</a>, SilTerra has helped its customers to develop innovative products like bio-sensors, DNA sequencing chips, micro-mirror displays, <a href="http://www.silterra.com/technologies.html#tab_c" target="_blank">high efficiency power devices and ultra-low power chips for the IOT</a>, and wearables. Supporting efforts in the life sciences, healthcare and automotive markets, SilTerra also manages to meet green technology standards in the transportation, data-center and communications industries. SilTerra’s emergence as a top company in its industry is the result of years of developing local skills and nurturing strategic partnerships with universities and organizations such as <a href="https://www.imec-int.com/en/home" target="_blank">imec</a>, the Belgium-based leading research institute in nanoelectronics. SilTerra’s customers include innovative start-ups and global tech giants LG, Sony and Qualcomm that provide chips to brand names like Amazon and Google. One California-based start-up was acquired for $1.2 billion after enlisting SilTerra to launch its DNA Sequencing Chip. “Through SilTerra’s own transformation, we have been able to collaborate with emerging companies around the world to develop their dreams into innovative new products. SilTerra is now looking forward to stepping up its role in Malaysia and playing our part in developing a vibrant high-tech ecosystem for the nation,” CEO Firdaus Abdullah said.
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 - titleIrish diagnostics expert to help Asian drugmakers enter global market
 - description_oldAs several Irish health care companies branch out, Diaceutics stands out among its peers because of its crucial role in the industry as the leading diagnostic commercialization service provider. “We were established in 2005 and remain entirely focused on the intersection between diagnostics and therapeutic decision-making. We're deeply committed to delivering on our mantra ‘Better Testing. Better Treatment,' ensuring that precision medicine is at the forefront of oncology and pathology,” Chief Operating Officer Damian Thornton explained.
 - descriptionAs several Irish health care companies branch out, Diaceutics stands out among its peers because of its crucial role in the industry as the leading diagnostic commercialization service provider. “We were established in 2005 and remain entirely focused on the intersection between diagnostics and therapeutic decision-making. We're deeply committed to delivering on our mantra ‘Better Testing. Better Treatment,' ensuring that precision medicine is at the forefront of oncology and pathology,” Chief Operating Officer Damian Thornton explained.
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 - content_oldAs several Irish health care companies branch out, <a href="https://www.diaceutics.com/" target="_blank">Diaceutics</a> stands out among its peers because of its crucial role in the industry as the leading diagnostic commercialization service provider. “We were established in 2005 and remain entirely focused on the intersection between diagnostics and therapeutic decision-making. We’re deeply committed to delivering on our mantra ‘Better Testing. Better Treatment,’ ensuring that precision medicine is at the forefront of oncology and pathology,” <a href="https://www.linkedin.com/in/damian-thornton-5438064/" target="_blank">Chief Operating Officer Damian Thornton</a> explained. The company created the Diaceutics Method and provides drug developers an end-to-end solution, which maps out the diagnostic landscape, builds commercialization strategies and tactics, implements testing at the laboratory level and tracks post-launch key performance indicators. Because it manages a network of more than 2,500 partner laboratories across Europe, China and the United States, Diaceutics relies heavily on big data management. “We have built, and are constantly adding to, a robust database of quality information and robust analytics capabilities to understand the different markets and testing practices around the world,” Thornton stressed. The company has personnel in 17 different countries and serves more than 30 leading pharmaceutical companies worldwide. Having established a strong reputation globally, the company has experienced around 60 percent growth annually since 2014. To continue driving this growth, Diaceutics is mapping out bold plans and is aiming to expand geographically, particularly in Asia. “Asia is our next big opportunity. While we are on the constant lookout for an Asian headquarters, our goal is to potentially have office in Japan, China and South Korea in the next couple of years. Those would be our big three,” Thornton said. “We definitely see huge potential in Asia. This year, our Japanese clients alone have contributed 15 percent to our bottom line,” he added. In line with its strategy in Japan, Diaceutics will expand its team and its network with top laboratories there throughout 2019. “As we commit to expansion in Asia, we need to communicate effectively and build our brand. All that said, we’re really excited about what the region and Japan will bring to our business,” Thornton said.
 - contentAs several Irish health care companies branch out, <a href="https://www.diaceutics.com/" target="_blank">Diaceutics</a> stands out among its peers because of its crucial role in the industry as the leading diagnostic commercialization service provider. “We were established in 2005 and remain entirely focused on the intersection between diagnostics and therapeutic decision-making. We’re deeply committed to delivering on our mantra ‘Better Testing. Better Treatment,’ ensuring that precision medicine is at the forefront of oncology and pathology,” <a href="https://www.linkedin.com/in/damian-thornton-5438064/" target="_blank">Chief Operating Officer Damian Thornton</a> explained. The company created the Diaceutics Method and provides drug developers an end-to-end solution, which maps out the diagnostic landscape, builds commercialization strategies and tactics, implements testing at the laboratory level and tracks post-launch key performance indicators. Because it manages a network of more than 2,500 partner laboratories across Europe, China and the United States, Diaceutics relies heavily on big data management. “We have built, and are constantly adding to, a robust database of quality information and robust analytics capabilities to understand the different markets and testing practices around the world,” Thornton stressed. The company has personnel in 17 different countries and serves more than 30 leading pharmaceutical companies worldwide. Having established a strong reputation globally, the company has experienced around 60 percent growth annually since 2014. To continue driving this growth, Diaceutics is mapping out bold plans and is aiming to expand geographically, particularly in Asia. “Asia is our next big opportunity. While we are on the constant lookout for an Asian headquarters, our goal is to potentially have office in Japan, China and South Korea in the next couple of years. Those would be our big three,” Thornton said. “We definitely see huge potential in Asia. This year, our Japanese clients alone have contributed 15 percent to our bottom line,” he added. In line with its strategy in Japan, Diaceutics will expand its team and its network with top laboratories there throughout 2019. “As we commit to expansion in Asia, we need to communicate effectively and build our brand. All that said, we’re really excited about what the region and Japan will bring to our business,” Thornton said.
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 - titleIrish firm hauls the construction industry into the digital age
 - description_oldWhile the world embraces the value of data and the transition toward digitalization, some industries still have a long way to go. Construction is one example. Today, architects, engineers, contractors and site owners still rely heavily on traditional methods and conduct their work in an insular manner. In some parts of Asia, inefficiency still looms over many projects. Dublin-based software company Zutec Holding AB identified the opportunity and created a cloud-based platform specifically designed to improve process and data management within the context of construction project management.
 - descriptionWhile the world embraces the value of data and the transition toward digitalization, some industries still have a long way to go. Construction is one example. Today, architects, engineers, contractors and site owners still rely heavily on traditional methods and conduct their work in an insular manner. In some parts of Asia, inefficiency still looms over many projects. Dublin-based software company Zutec Holding AB identified the opportunity and created a cloud-based platform specifically designed to improve process and data management within the context of construction project management.
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 - content_oldWhile the world embraces the value of data and the transition toward digitalization, some industries still have a long way to go. Construction is one example. Today, architects, engineers, contractors and site owners still rely heavily on traditional methods and conduct their work in an insular manner. In some parts of Asia, inefficiency still looms over many projects. Dublin-based software company <a href="https://www.zutec.com/site/" target="_blank">Zutec Holding AB</a> identified the opportunity and created a cloud-based platform specifically designed to improve process and data management within the context of construction project management. <figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Ireland%202018/JT-IRELAND-2018-ZUTEC-Brendan-ORiordan-CEO.jpg" alt="" width="288" height="442" /><figcaption class="image-caption">ZUTEC CEO Brendan O'Riordan</figcaption></figure> “Our technology is a game changer. We help manage processes and workflow in order to avoid paperwork errors and, subsequently, avoid delays in construction projects, translating into significant savings,” <a href="https://www.zutec.com/site/investor-relations/executive-management/index.html" target="_blank">Zutec CEO Brendan O’Riordan</a> said. With a presence in London, Hong Kong, Doha, Abu Dhabi and Melbourne, Zutec is aggressively pursuing international expansion, particularly in the Asia-Pacific region. “The region is vitally important to our business. We see great benefit for Zutec to assist with and be engaged in many major projects across Asian countries, including airports, hospitals, universities and stadiums,” O’Riordan said. The company has contributed to <a href="https://www.zutec.com/site/projects/index.html" target="_blank">many landmark projects across the globe</a>, such as the Shard in London; Terminal 2 of Dublin Airport; the Midfield Terminal in Abu Dhabi; the Melbourne Entertainment and Convention Center, the Flinders Street Station restoration (also in Melbourne); the Hamad International Airport in Doha, Qatar; and the Cleveland Clinic Abu Dhabi, among others. As the first Irish company to successfully go public in the Nasdaq First North in Sweden, Zutec has strengthened its global reputation as it looks to cement ties with Asia’s top builders, Japanese companies being among them. “Japan, as a country, is further advanced when adopting technology in the construction sector. We would like to build on our relationships in Japan to demonstrate our ability to listen and to impart our knowledge and experience,” O’Riordan said.
 - contentWhile the world embraces the value of data and the transition toward digitalization, some industries still have a long way to go. Construction is one example. Today, architects, engineers, contractors and site owners still rely heavily on traditional methods and conduct their work in an insular manner. In some parts of Asia, inefficiency still looms over many projects. Dublin-based software company <a href="https://www.zutec.com/site/" target="_blank">Zutec Holding AB</a> identified the opportunity and created a cloud-based platform specifically designed to improve process and data management within the context of construction project management. <figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Ireland%202018/JT-IRELAND-2018-ZUTEC-Brendan-ORiordan-CEO.jpg" alt="" width="288" height="442" /><figcaption class="image-caption">ZUTEC CEO Brendan O'Riordan</figcaption></figure> “Our technology is a game changer. We help manage processes and workflow in order to avoid paperwork errors and, subsequently, avoid delays in construction projects, translating into significant savings,” <a href="https://www.zutec.com/site/investor-relations/executive-management/index.html" target="_blank">Zutec CEO Brendan O’Riordan</a> said. With a presence in London, Hong Kong, Doha, Abu Dhabi and Melbourne, Zutec is aggressively pursuing international expansion, particularly in the Asia-Pacific region. “The region is vitally important to our business. We see great benefit for Zutec to assist with and be engaged in many major projects across Asian countries, including airports, hospitals, universities and stadiums,” O’Riordan said. The company has contributed to <a href="https://www.zutec.com/site/projects/index.html" target="_blank">many landmark projects across the globe</a>, such as the Shard in London; Terminal 2 of Dublin Airport; the Midfield Terminal in Abu Dhabi; the Melbourne Entertainment and Convention Center, the Flinders Street Station restoration (also in Melbourne); the Hamad International Airport in Doha, Qatar; and the Cleveland Clinic Abu Dhabi, among others. As the first Irish company to successfully go public in the Nasdaq First North in Sweden, Zutec has strengthened its global reputation as it looks to cement ties with Asia’s top builders, Japanese companies being among them. “Japan, as a country, is further advanced when adopting technology in the construction sector. We would like to build on our relationships in Japan to demonstrate our ability to listen and to impart our knowledge and experience,” O’Riordan said.
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 - titleIt's time to turn manufacturing on its head
 - description_oldThe leader of a major business group in North Dakota has issued a call for government and industries to break away from long-held notions about economic development. He says that if the United States is to keep its leading position in the world, government must create the conditions for companies to intensify innovation.
 - descriptionThe leader of a major business group in North Dakota has issued a call for government and industries to break away from long-held notions about economic development. He says that if the United States is to keep its leading position in the world, government must create the conditions for companies to intensify innovation.
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 - content_oldThe environment in which we operate is changing faster today than any time in our history. The technology that we will be using over the next three to five years has not been invented yet. The innovative processes will demand more and faster responses to a changing, and in many cases, reduced workforce. The future of American manufacturing will be won by innovative small and medium-sized companies out to change the world, but only if they have the tools they need to compete. <figure class="image-container floated-right" style="float: right;"><img src="http://gmipost.com/img/uploads/Great%20Plains%202018/JT-GREAT-PLAINS-2018-Retorno-1-North-Dakota.jpg" alt="" width="363" height="442" /><figcaption class="image-caption">Impact Dakota President and CEO Tony Richards</figcaption></figure> For developed nations, economic growth will be based on innovation. This has been the conventional wisdom for some time, and it remains true today. But there is a difference between a nation that produces great innovations and a nation whose industries, both old and new, continue to adapt to and profit from these innovations. This nuance and our response to it holds the key to North Dakota’s and America's manufacturing future. For over a century, America has produced individuals and ideas that have transformed how we interact with the world around us, and it remains a global leader today. Yet, while America continues to lead the way in disruptive innovations, its insatiable drive to open new frontiers sometimes overlooks the importance of innovating within current industries. If we lose in innovation, we lose in manufacturing. We must also learn from companies and countries that adopt best practices. The Japanese way of business needs to be studied and strategic systems need to be developed and reviewed around culture and leadership, as they may point the way to a solution to some of our most pressing problems. The future belongs to each one of us. It is how and what we, as manufacturers, will do with it that will allow manufacturing to create a higher level of impact locally, nationally, and internationally, both today, and for years to come.
 - contentThe environment in which we operate is changing faster today than any time in our history. The technology that we will be using over the next three to five years has not been invented yet. The innovative processes will demand more and faster responses to a changing, and in many cases, reduced workforce. The future of American manufacturing will be won by innovative small and medium-sized companies out to change the world, but only if they have the tools they need to compete. <figure class="image-container floated-right" style="float: right;"><img src="http://gmipost.com/img/uploads/Great%20Plains%202018/JT-GREAT-PLAINS-2018-Retorno-1-North-Dakota.jpg" alt="" width="363" height="442" /><figcaption class="image-caption">Impact Dakota President and CEO Tony Richards</figcaption></figure> For developed nations, economic growth will be based on innovation. This has been the conventional wisdom for some time, and it remains true today. But there is a difference between a nation that produces great innovations and a nation whose industries, both old and new, continue to adapt to and profit from these innovations. This nuance and our response to it holds the key to North Dakota’s and America's manufacturing future. For over a century, America has produced individuals and ideas that have transformed how we interact with the world around us, and it remains a global leader today. Yet, while America continues to lead the way in disruptive innovations, its insatiable drive to open new frontiers sometimes overlooks the importance of innovating within current industries. If we lose in innovation, we lose in manufacturing. We must also learn from companies and countries that adopt best practices. The Japanese way of business needs to be studied and strategic systems need to be developed and reviewed around culture and leadership, as they may point the way to a solution to some of our most pressing problems. The future belongs to each one of us. It is how and what we, as manufacturers, will do with it that will allow manufacturing to create a higher level of impact locally, nationally, and internationally, both today, and for years to come.
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 - titleAn American SME enjoys success in Japan with a start-up distributor
 - description_oldAs Japan is a very complex market, some American companies have found it hard to succeed in the country without a partner that has in-depth knowledge of the country's distribution system. An American maker of kitchen and household products cracked the tough market thanks to an introduction made to a start-up Japanese distributor set up by three industry veterans.
 - descriptionAs Japan is a very complex market, some American companies have found it hard to succeed in the country without a partner that has in-depth knowledge of the country's distribution system. An American maker of kitchen and household products cracked the tough market thanks to an introduction made to a start-up Japanese distributor set up by three industry veterans.
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 - content_oldAccording to the U.S. Commercial Service, Japan is the world’s third-largest economy and fourth-largest buyer of American products, with total purchases amounting to more than $66 billion every year. Certainly, Japan, while remaining a desirable market for U.S. manufacturers, is not an easy market. <figure class="image-container floated-right" style="float: right;"><img src="http://gmipost.com/img/uploads/Texas%202018/Doug-Taeckens.jpg" alt="" width="288" height="442" /><figcaption class="image-caption">Pace Solutions International CEO Doug Taeckens</figcaption></figure> The Japanese market is very complex and it can be difficult for American companies to be successful without a partner that has in-depth knowledge of the country’s distribution system. It is often very challenging to make a connection with a Japanese distributor without an introduction. And, when a connection is made, it may take several months to develop a level of trust that will allow a relationship to move forward. <a href="https://www.jokari.com/" target="_blank">Jokari/U.S., Inc.</a>, a manufacturer of kitchen and household products, utilized a large established distributor in Japan and had enjoyed some success. When three key executives of that distributor left the company and started their own distribution company, we had a tough choice: to play it safe and stay with a large established distributor or to take a risk and go with a start-up distributor, <a href="http://www.aozorapark.jp/" target="_blank">Aozora</a>. We decided to go with the new distributor primarily because of our personal relationship with those three executives who all had comprehensive knowledge and our belief in their ability to expand our business. Aozora distributes housewares, toys, stationary and hobby products. It sells products to a wide variety of retailers, such as Aeon, Itoyo, Tokyu Hands, Toys R Us and Cainz. Jokari stills enjoys a successful partnership with Aozora and continues to see growth in the Japanese market. A somewhat risky and difficult decision has worked out well and is a testimony to the importance of developing strong personal relationships with your international partners.
 - contentAccording to the U.S. Commercial Service, Japan is the world’s third-largest economy and fourth-largest buyer of American products, with total purchases amounting to more than $66 billion every year. Certainly, Japan, while remaining a desirable market for U.S. manufacturers, is not an easy market. <figure class="image-container floated-right" style="float: right;"><img src="http://gmipost.com/img/uploads/Texas%202018/Doug-Taeckens.jpg" alt="" width="288" height="442" /><figcaption class="image-caption">Pace Solutions International CEO Doug Taeckens</figcaption></figure> The Japanese market is very complex and it can be difficult for American companies to be successful without a partner that has in-depth knowledge of the country’s distribution system. It is often very challenging to make a connection with a Japanese distributor without an introduction. And, when a connection is made, it may take several months to develop a level of trust that will allow a relationship to move forward. <a href="https://www.jokari.com/" target="_blank">Jokari/U.S., Inc.</a>, a manufacturer of kitchen and household products, utilized a large established distributor in Japan and had enjoyed some success. When three key executives of that distributor left the company and started their own distribution company, we had a tough choice: to play it safe and stay with a large established distributor or to take a risk and go with a start-up distributor, <a href="http://www.aozorapark.jp/" target="_blank">Aozora</a>. We decided to go with the new distributor primarily because of our personal relationship with those three executives who all had comprehensive knowledge and our belief in their ability to expand our business. Aozora distributes housewares, toys, stationary and hobby products. It sells products to a wide variety of retailers, such as Aeon, Itoyo, Tokyu Hands, Toys R Us and Cainz. Jokari stills enjoys a successful partnership with Aozora and continues to see growth in the Japanese market. A somewhat risky and difficult decision has worked out well and is a testimony to the importance of developing strong personal relationships with your international partners.
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 - titleTmax Soft: A leader in software solutions
 - description_oldIn an industry dominated by a few players, TmaxSoft stands out because of its innovative approach to data management, as well as its unique value proposition, dedication to R&D and global reach. Unlike other tech firms, TmaxSoft offers a complete stack of software solutions ranging from mainframe rehosting, database modernization to flexible middleware.
 - descriptionIn an industry dominated by a few players, TmaxSoft stands out because of its innovative approach to data management, as well as its unique value proposition, dedication to R&D and global reach. Unlike other tech firms, TmaxSoft offers a complete stack of software solutions ranging from mainframe rehosting, database modernization to flexible middleware.
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 - content_oldIn an industry dominated by a few players, <a href="https://www.tmaxsoft.com/">TmaxSoft</a> stands out because of its innovative approach to data management, as well as its unique value proposition, dedication to R&D and global reach. Unlike other tech firms, TmaxSoft offers a complete stack of software solutions ranging from mainframe rehosting, database modernization to flexible middleware. <figure class="image-container floated-right" style="float: right;"><img src="http://gmipost.com/img/uploads/South%20Korea%202018/2018-FA-R1-TmaxSoft.jpg" alt="" width="395" height="511" /><figcaption class="image-caption">Simon Kim, TmaxSoft Asia-Pacific Region CEO and Head of Global Planning and Support Group</figcaption></figure> “Tmax Soft is very unique because we are building it from the very bottom. Because of that, we are stronger in terms of security and performance, and have the optimization to redraw problems through the big picture,” said <a href="https://www.tmaxsoft.com/about/#leadershipTeam">Simon Kim, Asia-Pacific Region CEO and Head of Global Planning and Support Group</a>. Established in 1997, TmaxSoft has more than 2,000 clients, which include Korean conglomerates, multinational firms, banks, governments and militaries. Although the company moved its head office to Chicago in 2016, its maintain a strong R&D center in South Korea. Given its distinct expertise, TmaxSoft is well-positioned to compete as one of the leading global software developers. Despite its Asian roots, the firm has an open and multinational outlook. “We want to make our identity as not very bound to a specific territory. We have our own Korean color, but we want to make [Tmax Soft] global,” Kim said. In addition to its established markets in Korea, Japan and the United States, the company has begun expanding to Europe and the rest of Asia. It has already partnered with Chinese and Indian firms and planning to enter Malaysia, Australia, Singapore, Thailand, Hong Kong and Taiwan ahead of launching its new cloud database, <a href="https://www.tmaxsoft.com/products/tibero/">Tibero 7</a>, by end of 2018. Kim said Tibero 7 “will make unlimited scalability possible and differentiate our technology power.” Tmax Soft is also set to hold its first global event, Transcend, in May of 2019.
 - contentIn an industry dominated by a few players, <a href="https://www.tmaxsoft.com/">TmaxSoft</a> stands out because of its innovative approach to data management, as well as its unique value proposition, dedication to R&D and global reach. Unlike other tech firms, TmaxSoft offers a complete stack of software solutions ranging from mainframe rehosting, database modernization to flexible middleware. <figure class="image-container floated-right" style="float: right;"><img src="http://gmipost.com/img/uploads/South%20Korea%202018/2018-FA-R1-TmaxSoft.jpg" alt="" width="395" height="511" /><figcaption class="image-caption">Simon Kim, TmaxSoft Asia-Pacific Region CEO and Head of Global Planning and Support Group</figcaption></figure> “Tmax Soft is very unique because we are building it from the very bottom. Because of that, we are stronger in terms of security and performance, and have the optimization to redraw problems through the big picture,” said <a href="https://www.tmaxsoft.com/about/#leadershipTeam">Simon Kim, Asia-Pacific Region CEO and Head of Global Planning and Support Group</a>. Established in 1997, TmaxSoft has more than 2,000 clients, which include Korean conglomerates, multinational firms, banks, governments and militaries. Although the company moved its head office to Chicago in 2016, its maintain a strong R&D center in South Korea. Given its distinct expertise, TmaxSoft is well-positioned to compete as one of the leading global software developers. Despite its Asian roots, the firm has an open and multinational outlook. “We want to make our identity as not very bound to a specific territory. We have our own Korean color, but we want to make [Tmax Soft] global,” Kim said. In addition to its established markets in Korea, Japan and the United States, the company has begun expanding to Europe and the rest of Asia. It has already partnered with Chinese and Indian firms and planning to enter Malaysia, Australia, Singapore, Thailand, Hong Kong and Taiwan ahead of launching its new cloud database, <a href="https://www.tmaxsoft.com/products/tibero/">Tibero 7</a>, by end of 2018. Kim said Tibero 7 “will make unlimited scalability possible and differentiate our technology power.” Tmax Soft is also set to hold its first global event, Transcend, in May of 2019.
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 - titleESMT: Honing future Asian business experts
 - description_oldWith the prevailing influence of Asia on both the German and global economy, the European School of Management and Technology (ESMT) is going to open a satellite campus in Shanghai, the financial and business capital of the world's second-largest company.
 - descriptionWith the prevailing influence of Asia on both the German and global economy, the European School of Management and Technology (ESMT) is going to open a satellite campus in Shanghai, the financial and business capital of the world's second-largest company.
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 - content_oldThe <a href="https://www.esmt.org/" target="_blank">European School of Management and Technology (ESMT Berlin)</a> is Germany’s leading international business school. Founded in 2002 by 25 of Germany’s largest companies, the school aims to exert the influence of the world’s fourth-largest economy on global business. In the 15 years since its founding, ESMT has consistently ranked as <a href="https://www.esmt.org/school-networks/about-esmt/accreditations-and-rankings/rankings" target="_blank">the country’s top business school</a> and is now worldwide <a href="http://rankings.ft.com/businessschoolrankings/european-school-of-management-and-technology/executive-education-open-2017#executive-education-open-2017" target="_blank">No. 8 in open executive education, according to The Financial Times</a>. At the moment, the school offers three degree master’s programs: <a href="https://www.esmt.org/degree-programs/masters-management" target="_blank">Master’s in Management</a>, <a href="https://www.esmt.org/degree-programs/esmt-berlin-full-time-mba" target="_blank">Master’s in Business Administration</a> and <a href="https://www.esmt.org/degree-programs/emba-esmt-berlin" target="_blank">Executive MBA Program</a>. <figure class="image-container floated-right" style="float: right;"><img src="http://gmipost.com/img/uploads/Germany%202018/ESMT-Bldg.jpg" alt="" width="442" height="288" /><figcaption class="image-caption">The European School of Management and Technology in Berlin</figcaption></figure> Represented by more than 40 different nationalities, the school’s student body has grown more globalized. <a href="https://www.esmt.org/jorg-rocholl">ESMT President and Managing Director Jorg Rocholl</a>, an expert on Asian business, pointed out: “We’re now seeing more students from China and India because these students see that ESMT’s unique combination of business and technology programs cater to the business demands in their home countries.” Recognizing Asia’s growing influence on the global economy, ESMT will open an office in Shanghai, its first branch in the region. The decision has not come as a surprise given the interest of Chinese companies in setting up shop in Germany, and vice versa. “With trade valued at more than 170 billion euros per year, Germany’s trade with China is bigger than those between Germany and France and even between Germany and the U.S. We believe that by opening this branch, we can better reflect the growing strength of this relationship,” Rocholl said. Germany’s strong economic performance, even in the midst of the euro crisis a few years ago, has gained the admiration of various Asian governments and companies, who want to know the workings of the German economy and how it has weathered global economic shocks. “Opening a satellite campus in Shanghai answers a real need by German companies operating in Asia that are looking for top talent from Asian countries who have experienced Western-style business education. This is why we see ourselves not only as an institution that provides top notch technical and management education but also as a cultural bridge between Asia and Europe,” Rocholl said.
 - contentThe <a href="https://www.esmt.org/" target="_blank">European School of Management and Technology (ESMT Berlin)</a> is Germany’s leading international business school. Founded in 2002 by 25 of Germany’s largest companies, the school aims to exert the influence of the world’s fourth-largest economy on global business. In the 15 years since its founding, ESMT has consistently ranked as <a href="https://www.esmt.org/school-networks/about-esmt/accreditations-and-rankings/rankings" target="_blank">the country’s top business school</a> and is now worldwide <a href="http://rankings.ft.com/businessschoolrankings/european-school-of-management-and-technology/executive-education-open-2017#executive-education-open-2017" target="_blank">No. 8 in open executive education, according to The Financial Times</a>. At the moment, the school offers three degree master’s programs: <a href="https://www.esmt.org/degree-programs/masters-management" target="_blank">Master’s in Management</a>, <a href="https://www.esmt.org/degree-programs/esmt-berlin-full-time-mba" target="_blank">Master’s in Business Administration</a> and <a href="https://www.esmt.org/degree-programs/emba-esmt-berlin" target="_blank">Executive MBA Program</a>. <figure class="image-container floated-right" style="float: right;"><img src="http://gmipost.com/img/uploads/Germany%202018/ESMT-Bldg.jpg" alt="" width="442" height="288" /><figcaption class="image-caption">The European School of Management and Technology in Berlin</figcaption></figure> Represented by more than 40 different nationalities, the school’s student body has grown more globalized. <a href="https://www.esmt.org/jorg-rocholl">ESMT President and Managing Director Jorg Rocholl</a>, an expert on Asian business, pointed out: “We’re now seeing more students from China and India because these students see that ESMT’s unique combination of business and technology programs cater to the business demands in their home countries.” Recognizing Asia’s growing influence on the global economy, ESMT will open an office in Shanghai, its first branch in the region. The decision has not come as a surprise given the interest of Chinese companies in setting up shop in Germany, and vice versa. “With trade valued at more than 170 billion euros per year, Germany’s trade with China is bigger than those between Germany and France and even between Germany and the U.S. We believe that by opening this branch, we can better reflect the growing strength of this relationship,” Rocholl said. Germany’s strong economic performance, even in the midst of the euro crisis a few years ago, has gained the admiration of various Asian governments and companies, who want to know the workings of the German economy and how it has weathered global economic shocks. “Opening a satellite campus in Shanghai answers a real need by German companies operating in Asia that are looking for top talent from Asian countries who have experienced Western-style business education. This is why we see ourselves not only as an institution that provides top notch technical and management education but also as a cultural bridge between Asia and Europe,” Rocholl said.
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 - titleSun Electric: Clean energy comes to Singapore
 - description_oldSingaporean solar energy company Sun Electric is looking beyond the city-state for growth as it exports its innovative business model and popularize solar energy in highly urbanized areas.
 - descriptionSingaporean solar energy company Sun Electric is looking beyond the city-state for growth as it exports its innovative business model and popularize solar energy in highly urbanized areas.
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 - content_oldWith the changes in the energy sector and the increasing use of solar innovation, <a href="http://sunelectric.com.sg/">Sun Electric</a> is providing smart solutions to provide clean energy around Singapore even if one does not have a rooftop. <figure class="image-container floated-right" style="float: right;"><img src="http://gmipost.com/img/uploads/Singapore%202017/Sun-Electric.jpg" alt="" width="358" height="500" /><figcaption class="image-caption">Sun Electric President Matthew Peloso</figcaption></figure> As a highly urbanized city, Singapore is readily accepting this new service. And having overcome various regulatory requirements, licensing agreements and network testing, Sun Electric has seen increased interest in their technology. Sun Electric sees great opportunity in technologically advanced and highly developed cities around the world. Currently, the company is licensed to operate in cities like Delaware and Dallas in the United States, Sydney and Melbourne in Australia, as well as Manila and Tokyo. While each new market has its own challenges, Sun Electric believes there is a path to expand their business in these places. “There’s a lot of promise in what we do and what we’ve done has been pioneering. That means we could potentially work in different cities and help them adopt clean energy,” said Sun Electric President Matthew Peloso. Sun Electric’s unique technology and business model ensures accessibility of locally produced solar energy for everyone. With several high-rise buildings and condominiums around Singapore, Sun Electric converts these unused rooftops into revenue-generating spaces and serves as a matchmaking platform for consumers and rooftop owners. With a layer-by-layer process of deregulation that allows consumers to choose their electricity suppliers, the company first targets corporate and industrial business with SMEs showing highest acceptance because of the more flexible processes. Given that electricity is a necessity and the growing popularity of clean energy, many customers, financiers and regulators have been inclined to adopt the new technology. “How cool is it if your city makes its own energy just because the sun shines every day? It’s an amazing opportunity to harvest sunlight, which doesn’t cost anything. This makes for a really positive future for the energy sector,” Peloso said.
 - contentWith the changes in the energy sector and the increasing use of solar innovation, <a href="http://sunelectric.com.sg/">Sun Electric</a> is providing smart solutions to provide clean energy around Singapore even if one does not have a rooftop. <figure class="image-container floated-right" style="float: right;"><img src="http://gmipost.com/img/uploads/Singapore%202017/Sun-Electric.jpg" alt="" width="358" height="500" /><figcaption class="image-caption">Sun Electric President Matthew Peloso</figcaption></figure> As a highly urbanized city, Singapore is readily accepting this new service. And having overcome various regulatory requirements, licensing agreements and network testing, Sun Electric has seen increased interest in their technology. Sun Electric sees great opportunity in technologically advanced and highly developed cities around the world. Currently, the company is licensed to operate in cities like Delaware and Dallas in the United States, Sydney and Melbourne in Australia, as well as Manila and Tokyo. While each new market has its own challenges, Sun Electric believes there is a path to expand their business in these places. “There’s a lot of promise in what we do and what we’ve done has been pioneering. That means we could potentially work in different cities and help them adopt clean energy,” said Sun Electric President Matthew Peloso. Sun Electric’s unique technology and business model ensures accessibility of locally produced solar energy for everyone. With several high-rise buildings and condominiums around Singapore, Sun Electric converts these unused rooftops into revenue-generating spaces and serves as a matchmaking platform for consumers and rooftop owners. With a layer-by-layer process of deregulation that allows consumers to choose their electricity suppliers, the company first targets corporate and industrial business with SMEs showing highest acceptance because of the more flexible processes. Given that electricity is a necessity and the growing popularity of clean energy, many customers, financiers and regulators have been inclined to adopt the new technology. “How cool is it if your city makes its own energy just because the sun shines every day? It’s an amazing opportunity to harvest sunlight, which doesn’t cost anything. This makes for a really positive future for the energy sector,” Peloso said.
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 - titleProcurri’s technology meets all IT needs
 - description_oldSingapore-based IT services provider Procurri has attracted the attention of the business world for its well-planned expansion around the world and its well-considered acquisitions and partnerships.
 - descriptionSingapore-based IT services provider Procurri has attracted the attention of the business world for its well-planned expansion around the world and its well-considered acquisitions and partnerships.
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 - content_oldSingapore-based <a href="https://www.procurri.com/" target="_blank">Procurri</a> is a global corporation that specializes in data-center life cycle services, IT distribution and IT asset disposal services. In just four years, Procurri has operations in <a href="https://www.procurri.com/presence/" target="_blank">more than 100 countries overseen by 15 offices around the world</a>, and listed in the Singapore Stock Exchange last year. <figure class="image-container floated-right" style="float: right;"><img src="http://gmipost.com/img/uploads/Singapore%202017/Procurri.jpg" alt="" width="358" height="500" /><figcaption class="image-caption">Procurri Chairman and Global CEO Sean Murphy</figcaption></figure> With rapid changes in technology and the increasing use of cloud computing, many of the world’s biggest companies have had to find better ways to manage their computer hardware, data and IT processes. And Procurri aims to be the first truly global provider and aggregator of enterprise hardware and services and change the way the world buys technology. “We serve the biggest companies in the world and provide IT hardware services for servers, storage and networks so that our customers don’t need to be asset managers anymore and they worry about just managing their business,” <a href="https://www.procurri.com/about-us/our-leadership/" target="_blank">Chairman and Global CEO Sean Murphy</a> said. Procurri sees tremendous growth opportunities in Asia compared to the mature markets in the United States and the European Union. The company chose Singapore for its base because of the country’s talented workforce, solid legal and banking regimes and its global brand reputation. Procurri’s IPO in 2016 was Singapore Exchange’s first major board public listing in more than a year. It gave the company access to more capital that would allow them to grow more surely in a fragmented global market. In the process, Procurri acquired a <a href="https://procurri.com/pdf/news/Procurri_EAF_Acqn_20161108.pdf" target="_blank">UK technology company</a> that manages large inventories of parts around the world for its maintenance business. And recently, it entered into a joint venture with a large <a href="https://procurri.com/pdf/news/Procurri_JV_Rockland_Congruity_23Jan17.pdf" target="_blank">U.S. storage company</a>. The strategic moves allow Procurri to expand its suite of services and achieve its goal to eventually become a one-stop service for global enterprise data centers. In line with its objective, it is also recruiting top professionals around the world. “I get excited with all these challenges. We build a brand around integrity, innovation, experience and excellence. We’re not famous but we’re a young, nimble company that takes credit for what we do and we always start with listening to our customers. I think that’s what makes us different,” Murphy stressed.
 - contentSingapore-based <a href="https://www.procurri.com/" target="_blank">Procurri</a> is a global corporation that specializes in data-center life cycle services, IT distribution and IT asset disposal services. In just four years, Procurri has operations in <a href="https://www.procurri.com/presence/" target="_blank">more than 100 countries overseen by 15 offices around the world</a>, and listed in the Singapore Stock Exchange last year. <figure class="image-container floated-right" style="float: right;"><img src="http://gmipost.com/img/uploads/Singapore%202017/Procurri.jpg" alt="" width="358" height="500" /><figcaption class="image-caption">Procurri Chairman and Global CEO Sean Murphy</figcaption></figure> With rapid changes in technology and the increasing use of cloud computing, many of the world’s biggest companies have had to find better ways to manage their computer hardware, data and IT processes. And Procurri aims to be the first truly global provider and aggregator of enterprise hardware and services and change the way the world buys technology. “We serve the biggest companies in the world and provide IT hardware services for servers, storage and networks so that our customers don’t need to be asset managers anymore and they worry about just managing their business,” <a href="https://www.procurri.com/about-us/our-leadership/" target="_blank">Chairman and Global CEO Sean Murphy</a> said. Procurri sees tremendous growth opportunities in Asia compared to the mature markets in the United States and the European Union. The company chose Singapore for its base because of the country’s talented workforce, solid legal and banking regimes and its global brand reputation. Procurri’s IPO in 2016 was Singapore Exchange’s first major board public listing in more than a year. It gave the company access to more capital that would allow them to grow more surely in a fragmented global market. In the process, Procurri acquired a <a href="https://procurri.com/pdf/news/Procurri_EAF_Acqn_20161108.pdf" target="_blank">UK technology company</a> that manages large inventories of parts around the world for its maintenance business. And recently, it entered into a joint venture with a large <a href="https://procurri.com/pdf/news/Procurri_JV_Rockland_Congruity_23Jan17.pdf" target="_blank">U.S. storage company</a>. The strategic moves allow Procurri to expand its suite of services and achieve its goal to eventually become a one-stop service for global enterprise data centers. In line with its objective, it is also recruiting top professionals around the world. “I get excited with all these challenges. We build a brand around integrity, innovation, experience and excellence. We’re not famous but we’re a young, nimble company that takes credit for what we do and we always start with listening to our customers. I think that’s what makes us different,” Murphy stressed.
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 - titleTWSE: Cultivating Growth
 - description_oldWhen gauging a country's economic prospects, analysts first study the historical performance of its financial market and activity that characterize its investment environment. For more than 50 years, the Taiwan Stock Exchange (TWSE) has served as the island nation's definitive economic benchmark.
 - descriptionWhen gauging a country's economic prospects, analysts first study the historical performance of its financial market and activity that characterize its investment environment. For more than 50 years, the Taiwan Stock Exchange (TWSE) has served as the island nation's definitive economic benchmark.
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 - content_oldWhen gauging a country's economic prospects, analysts first study the historical performance of its financial market and activity that characterize its investment environment. For more than 50 years, the <a href="http://www.twse.com.tw/en/" target="_blank">Taiwan Stock Exchange (TWSE)</a> has served as the island nation's definitive economic benchmark. With strict attention paid to corporate governance reporting standards and strong economic upturn, Taiwan has a well-earned reputation as a preferred investment destination both at home and abroad. This is evidenced in the growth of TWSE's main index, which hit the 10,000 ceiling on May 11. TWSE Chairman Jun-ji Shih knows what it takes not only to realize this record high but also to sustain that growth. <figure class="image-container floated-right" style="float: right;"><img src="http://gmipost.com/img/uploads/Taiwan%202017/TWSE-Photo.jpg" alt="" width="442" height="452" /><figcaption class="image-caption">Taiwan has a well-earned reputation as a preferred investment destination both at home and abroad. </figcaption></figure> "One factor is economic performance, and we think that performance should be able to support the growth of the stock market. Other factors include the inflow of foreign funds and the contribution of individual domestic investors to enhance capital market surplus. The last decade has seen a steady climb in institutional investors, with this group having 40% of the overall holdings of the Taiwan market.” At the end of June 2017, the TWSE reported 837 domestic listed companies and 64 foreign primary listed companies. Taiwan's well-known strength in high tech has also contributed to the stock market progress with globally-recognized giants <a href="http://www.tsmc.com/english/default.htm" target="_blank">Taiwan Semiconductor Manufacturing Company</a> and <a href="http://www.foxconn.com/" target="_blank">Hon Hai Precision (Foxconn)</a> being listed on TWSE. Biotech is also active, and the bourse has the highest number of listed biotech companies in Asia. "Taiwan's position as a leading global supply chain gives our market many advantages with international linkage thro ugh Asia and worldwide. Our advanced ICT ecosystem enterprises are an integral part of our success. Investors in these companies enjoy the benefits of Taiwan's transparency and shareholder protection, while easily accessing other markets in the region and beyond,” noted Shih. External recognition of Taiwan's advances in corporate governance by global reporting bodies shows yet another side of Taiwan's market strength. It is well worth mentioning that <a href="http://www.robecosam.com/en/sustainability-insights/about-sustainability/country-sustainability-ranking/" target="_blank">2016 was the first year Taiwan made the Robeco SAM Country Sustainability Ranking</a>. This is significant because when Taiwan was ranked, it was in the top third. Taiwan also placed first in APAC in Bloomberg's ESG category as well as rising to the 4th place position in ACGA's most recent survey. "The ultimate goal of the TWSE is to provide trading value growth and consistently high dividend yields in the 4% range. Our listed companies also have reasonable P/E ratios; both of these are factors that continue to draw foreign investors to our market," Shih added. Looking to the future, Shih is active in building greater collaboration with the international community to further strengthen Taiwan's investment environment. This involves working closely with other exchanges like Japan, Korea, Malaysia and NASDAQ with whom strong ties are held. Promoting the advantages of investing in Taiwan is also a key strategy, which entails roadshows in all regions of the world that include New York, London, Hong Kong and Singapore. With all this momentum in place, the TWSE is poised to deliver.
 - contentWhen gauging a country's economic prospects, analysts first study the historical performance of its financial market and activity that characterize its investment environment. For more than 50 years, the <a href="http://www.twse.com.tw/en/" target="_blank">Taiwan Stock Exchange (TWSE)</a> has served as the island nation's definitive economic benchmark. With strict attention paid to corporate governance reporting standards and strong economic upturn, Taiwan has a well-earned reputation as a preferred investment destination both at home and abroad. This is evidenced in the growth of TWSE's main index, which hit the 10,000 ceiling on May 11. TWSE Chairman Jun-ji Shih knows what it takes not only to realize this record high but also to sustain that growth. <figure class="image-container floated-right" style="float: right;"><img src="http://gmipost.com/img/uploads/Taiwan%202017/TWSE-Photo.jpg" alt="" width="442" height="452" /><figcaption class="image-caption">Taiwan has a well-earned reputation as a preferred investment destination both at home and abroad. </figcaption></figure> "One factor is economic performance, and we think that performance should be able to support the growth of the stock market. Other factors include the inflow of foreign funds and the contribution of individual domestic investors to enhance capital market surplus. The last decade has seen a steady climb in institutional investors, with this group having 40% of the overall holdings of the Taiwan market.” At the end of June 2017, the TWSE reported 837 domestic listed companies and 64 foreign primary listed companies. Taiwan's well-known strength in high tech has also contributed to the stock market progress with globally-recognized giants <a href="http://www.tsmc.com/english/default.htm" target="_blank">Taiwan Semiconductor Manufacturing Company</a> and <a href="http://www.foxconn.com/" target="_blank">Hon Hai Precision (Foxconn)</a> being listed on TWSE. Biotech is also active, and the bourse has the highest number of listed biotech companies in Asia. "Taiwan's position as a leading global supply chain gives our market many advantages with international linkage thro ugh Asia and worldwide. Our advanced ICT ecosystem enterprises are an integral part of our success. Investors in these companies enjoy the benefits of Taiwan's transparency and shareholder protection, while easily accessing other markets in the region and beyond,” noted Shih. External recognition of Taiwan's advances in corporate governance by global reporting bodies shows yet another side of Taiwan's market strength. It is well worth mentioning that <a href="http://www.robecosam.com/en/sustainability-insights/about-sustainability/country-sustainability-ranking/" target="_blank">2016 was the first year Taiwan made the Robeco SAM Country Sustainability Ranking</a>. This is significant because when Taiwan was ranked, it was in the top third. Taiwan also placed first in APAC in Bloomberg's ESG category as well as rising to the 4th place position in ACGA's most recent survey. "The ultimate goal of the TWSE is to provide trading value growth and consistently high dividend yields in the 4% range. Our listed companies also have reasonable P/E ratios; both of these are factors that continue to draw foreign investors to our market," Shih added. Looking to the future, Shih is active in building greater collaboration with the international community to further strengthen Taiwan's investment environment. This involves working closely with other exchanges like Japan, Korea, Malaysia and NASDAQ with whom strong ties are held. Promoting the advantages of investing in Taiwan is also a key strategy, which entails roadshows in all regions of the world that include New York, London, Hong Kong and Singapore. With all this momentum in place, the TWSE is poised to deliver.
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 - titleWendell Trading reaps what it has sowed
 - description_oldFor its openness to rapid changes in the country and business and the quickness to adapt, Wendell Trading Corp. reflects Singapore's similar success in adapting to the developments in the global economy and growing into an important economic player.
 - descriptionFor its openness to rapid changes in the country and business and the quickness to adapt, Wendell Trading Corp. reflects Singapore's similar success in adapting to the developments in the global economy and growing into an important economic player.
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 - content_oldJust one year short of its 40th anniversary, family-owned <a href="https://wendell-trading.com/" target="_blank">Wendell Trading Co.</a> has flourished as an agricultural and horticultural business because of its ability to adapt to the ever-evolving business environment in Singapore over the past 50 years since its founding. While several agricultural companies in Singapore failed to keep up with the drastic changes from the 70s rush were unable to keep up with the drastic changes over the decades. Wendell proved otherwise. <figure class="image-container floated-right" style="float: right;"><img src="http://gmipost.com/img/uploads/Singapore%202017/Wendell.JPG" alt="" width="358" height="500" /><figcaption class="image-caption">Wendell Trading Managing Director Doris Wee</figcaption></figure> The company specializes in products and services that beautify and maintain local landscapes and horticulture. Wendell distributes products like fertilizers, agricultural chemicals, application equipment and other landscaping supplies for commercial and home gardens. As the landscape and economy evolved, so did their management and consequently, their flexibility to adapt. With the second generation overseeing growth, this change of mindset and management style allowed the company to enter niche markets they never considered before. Wendell successfully partnered with golf courses around the country and overseas, moreover, they also entered into the public health sector with their chemical products against mosquitoes. This diversification has given Wendell a platform in several international markets like Malaysia, Indonesia, Vietnam, the US and EU. “In marketing, we have to maintain a strong home market. I found my niche and I think I can focus on specialty fertilizer. Most are penny competitive and go for volume, but mine is high margin and smaller volume which better fits my company size,” Managing Director Doris Wee said. Currently, Wendell is the exclusive distributor for a wide range of well-known global brands. As a family business, trust is at the core and the company operates with sincerity and passion. Miss Wee firmly believes that the company’s success depends highly on its people more than anything else. The company looks forward and is fully energized with the prospects of expanding and entrenching their presence internationally especially in their growing markets in Vietnam and Indonesia. “Creating long term relationships and continuously nurturing them will lead to sustainable growth for the future. And most importantly, we understand flexibility and the need to adapt,” mentioned Miss Wee.
 - contentJust one year short of its 40th anniversary, family-owned <a href="https://wendell-trading.com/" target="_blank">Wendell Trading Co.</a> has flourished as an agricultural and horticultural business because of its ability to adapt to the ever-evolving business environment in Singapore over the past 50 years since its founding. While several agricultural companies in Singapore failed to keep up with the drastic changes from the 70s rush were unable to keep up with the drastic changes over the decades. Wendell proved otherwise. <figure class="image-container floated-right" style="float: right;"><img src="http://gmipost.com/img/uploads/Singapore%202017/Wendell.JPG" alt="" width="358" height="500" /><figcaption class="image-caption">Wendell Trading Managing Director Doris Wee</figcaption></figure> The company specializes in products and services that beautify and maintain local landscapes and horticulture. Wendell distributes products like fertilizers, agricultural chemicals, application equipment and other landscaping supplies for commercial and home gardens. As the landscape and economy evolved, so did their management and consequently, their flexibility to adapt. With the second generation overseeing growth, this change of mindset and management style allowed the company to enter niche markets they never considered before. Wendell successfully partnered with golf courses around the country and overseas, moreover, they also entered into the public health sector with their chemical products against mosquitoes. This diversification has given Wendell a platform in several international markets like Malaysia, Indonesia, Vietnam, the US and EU. “In marketing, we have to maintain a strong home market. I found my niche and I think I can focus on specialty fertilizer. Most are penny competitive and go for volume, but mine is high margin and smaller volume which better fits my company size,” Managing Director Doris Wee said. Currently, Wendell is the exclusive distributor for a wide range of well-known global brands. As a family business, trust is at the core and the company operates with sincerity and passion. Miss Wee firmly believes that the company’s success depends highly on its people more than anything else. The company looks forward and is fully energized with the prospects of expanding and entrenching their presence internationally especially in their growing markets in Vietnam and Indonesia. “Creating long term relationships and continuously nurturing them will lead to sustainable growth for the future. And most importantly, we understand flexibility and the need to adapt,” mentioned Miss Wee.
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 - titleDallas set to become the new Japanese investment magnet in Texas
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 - descriptionThe Japanese presence in Dallas is at an all-time high, according to Honorary Consul of Japan in Dallas. So far this year, there were more than 280 Japanese companies in the Dallas/Fort Worth area, up by 12% from the previous year; while the number of Japanese people in Dallas (at 4,175 as of 2022) has been growing between 7-8% per year.
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 - contentThe Japanese presence in Dallas is at an all-time high, according to Honorary Consul of Japan in Dallas Dr. Hisashi Shichijo told GMI POST. <figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Non-Report/Newsletters%202023/JT-2023-NL-Texas-WK-7-Honorary-Japanese-Consul-Dallas-Shichijo.jpg" alt="" /> <figcaption class="image-caption">Honorary Consul of Japan in Dallas Dr. Hisashi Shichijo</figcaption> </figure> So far this year, there were more than 280 Japanese companies in the Dallas/Fort Worth area, up by 12% from the previous year; while the number of Japanese people in Dallas (at 4,175 as of 2022) has been growing between 7-8% per year. “At this rate, Dallas is set to surpass Houston as having the largest Japanese community in Texas within two years,” Shichijo said. The honorary consul attributed this surge to the affordable housing costs, the abundance of highly skilled workers, the top-quality schools and universities, and the easy access to well-connected international airports in Dallas/Fort Worth, aside from the state’s pro-business environment and tax regulations “The success stories of Japanese companies in Dallas have also helped attract more Japanese businesses to the region by convincing them that they too can find success in Dallas,” Shichijo said. Among the multinational Japanese companies that chose Dallas for their headquarters are Toyota, Ito En, NEC, and Fujitsu. Shichijo reiterated his commitment to continue strengthening the Japan-Texas relationship and promoting more collaborations between the two sides. Appointed to the post in 2020, Shichijo was born and grew up in Kagawa, Japan, but has lived in Dallas for more than 40 years. Now a U.S. citizen, he is a research professor at the University of Texas at Dallas and also involved in various Japanese associations in the state, such as the Japan-America Society of Dallas/Fort Worth and the Dallas Japanese Association.
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 - section_summaryThe Japanese presence in Dallas is at an all-time high, according to Honorary Consul of Japan in Dallas. So far this year, there were more than 280 Japanese companies in the Dallas/Fort Worth area, up by 12% from the previous year; while the number of Japanese people in Dallas (at 4,175 as of 2022) has been growing between 7-8% per year.
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 - titleTriumph Design: Winning the market through branding
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 - descriptionBranding is that buzz word that many businesses cite but very few have employed successfully. A vital component of any branding campaign, design is a tool that exerts full effectivity only when handled by experts.
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 - contentBranding is that buzz word that many businesses cite but very few have employed successfully. A vital component of any branding campaign, design is a tool that exerts full effectivity only when handled by experts. <figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Non-Report/Newsletters%202023/2023-JT-ITALY-NLs-WK-7-Triumph-Design-Naohiko-Mitsui.jpg" alt="" /> <figcaption class="image-caption">Triumph Design Owner and CEO Naohiko Mitsui</figcaption> </figure> Founded by Naohiko Mitsui, Milan-based <a href="http://www.triumphdc.com/" target="_blank" rel="noopener">Triumph Design</a> is one of those full-suite marketing firms because it provides services in graphic design, product design, web application, space design, and even financial design. When taken together in branding campaigns, these components catch the attention of consumers. “We are a design company that know how to manage international contexts between Japan and Italy. We offer our services to both Japanese as well as Italian companies that have strong relationships with Japan,” Mitsui explained to GMI POST. Mitsui is one of the few design professionals that began their businesses outside Japan and found success in their adopted home countries. “I think if the Japanese and Italians are similar it is because we are both very big on culture and history. We both take certain issues seriously. Because of this, we are big on quality and creativity. When we work together, we create beautiful music,” he said. In a post-pandemic world, Mitsui saw that business will not always go smoothly. He realized the importance of international relationships, which is why Triumph Design branched out beyond Japan and Italy, building connections and relations across the world.
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 - section_summaryBranding is that buzz word that many businesses cite but very few have employed successfully. A vital component of any branding campaign, design is a tool that exerts full effectivity only when handled by experts.
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 - titleLombardy is still Italy's economic center
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 - descriptionAmong Italy's most densely populated regions, Lombardy in the north of the country has held on to its position as one of the most prosperous as well. From the 19th century until the outbreak of World War 1, the region represented Italy's economic center and industrial heartland.
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 - contentAmong Italy’s most densely populated regions, Lombardy in the north of the country has held on to its position as one of the most prosperous as well. From the 19th century until the outbreak of World War 1, the region represented Italy’s economic center and industrial heartland. Today, Lombardy accounts for 22 percent of value of the country’s economy. It has more than 800,000 companies spread across the region employing around 4.2 million people in a wide range of industries. <figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Non-Report/Newsletters%202023/2023-JT-ITALY-WK-5-Invest-in-Lombardy-Irene-Sacco.jpg" alt="" /> <figcaption class="image-caption">Irene Sacco, who is in charge of foreign investment attraction in Invest in Lombardy</figcaption> </figure> Irene Sacco, who is in charge of foreign investment and attraction for <a href="https://www.investinlombardy.com/en" target="_blank" rel="noopener">Invest in Lombardy</a> and <a href="https://en.promositalia.camcom.it/" target="_blank" rel="noopener">Promos Italia</a>, told GMI Post how the two agencies have worked to bring in more international investment to Lombardy and make the process smooth for foreign companies establishing operations in the region. “The Lombardy region boasts a favorable geographic position because it is located in the north of Italy at the heart of the most economically advanced European area. In terms of economic performance, Lombardy’s GDP is higher than many European states,” Sacco said. Apart from its geographical location, Lombardy credits its economic strength to its prowess in industry, wealth of executive expertise, abundance of highly skilled workers, breadth of its domestic and global networks, and deeply rooted affinity for innovation. “Lombardy benefits from the presence of a comprehensive range of industries that occupy different stages of the supply chain. Also, it possesses a leading position in manufacturing technology and in advanced industrial sustainability culture. Our region ranks first in the number of patents and clinical trials, and as well as in the number of professionals and researchers in medical sciences disciplines,” Sacco said. Ready to accommodate foreign investors, particularly those from Japan, Lombardy also offers scenic landscapes and convenient locations to get away from a hectic work schedule. It is where one can enjoy the ideal work-life balance.
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 - section_summaryAmong Italy's most densely populated regions, Lombardy in the north of the country has held on to its position as one of the most prosperous as well. From the 19th century until the outbreak of World War 1, the region represented Italy's economic center and industrial heartland.
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 - titleLinklaters: The law firm that serviced clients on an elevated global scale
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 - descriptionLondon-based Linklaters boasts a network of 30 offices in 20 countries across the world. The multinational law firm, founded in 1838, attributes its longevity to the close attention given to clients and the strict work ethic demanded from its 3,000-plus lawyers.
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 - contentLondon-based <a href="https://www.linklaters.com/" target="_blank" rel="noopener">Linklaters</a> boasts a network of 30 offices in 20 countries across the world. The multinational law firm, founded in 1838, attributes its longevity to the close attention given to clients and the strict work ethic demanded from its 3,000-plus lawyers. <figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Non-Report/Newsletters%202023/2023-JT-ITALY-WK%205-Linklaters-Andrea%20Aroiso.jpg" alt="" /> <figcaption class="image-caption">Andrea Arosio, Managing Partner of Linklaters in Italy</figcaption> </figure> Andrea Arosio, the managing partner of <a href="https://www.linklaters.com/en/locations/italy" target="_blank" rel="noopener">Linklaters’s office in Milan</a>, is a specialist in banking, finance, and mergers and acquisitions. He has provided legal advice to several investors, lenders, and borrowers in Italy, assisting them in domestic and cross-border transactions. “I think there are several things that allowed us to do well in this year. The first one was that we are a global firm in the truest sense of the world. We are very well interconnected on a worldwide basis and we are very well integrated,” Arosio said. While the COVID-19 pandemic posed serious challenges to countless companies, it allowed Linklaters to capitalize on the varied skills and expertise of its lawyers around the world to keep businesses going and to find ways to surmount blockages. “I think that was really a plus for us because a lot of the problems that companies faced were cross-border issues,” Arosio stressed. When travel was very restricted, or even impossible at times, at the height of the pandemic, the offices of Linklaters worked together as one global firm, assisting their multinational clients with business in multiple locations in the U.S., Europe, and Asia, particularly Japan. “Some clients might be located in one jurisdiction but are looking to grow their business globally come to us. That’s something we are especially good at because we not only talk the local language, but also speak the international language,” Arosio said. “We know what they expect from the business. We know what they expect from lawyers. So, we know what kind of advice to give to them. At the same time, we are well informed locally and therefore, know how to speak to local authorities, companies, and businessmen,” he added.
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 - section_summaryLondon-based Linklaters boasts a network of 30 offices in 20 countries across the world. The multinational law firm, founded in 1838, attributes its longevity to the close attention given to clients and the strict work ethic demanded from its 3,000-plus lawyers.
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 - titleU.S., Japanese companies team up to bring clean energy to Houston
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 - descriptionUS independent power producer Advanced Power and its Japanese co-investors, ENEOS Corp. and Fuyo General Lease, has announced that their solar power generating project, Cutlass Solar, has successfully transitioned from "construction and testing" to "full commercial operations."
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 - contentUS independent power producer <a href="https://advancedpower.ch/" target="_blank" rel="noopener">Advanced Power</a> and its Japanese co-investors, <a href="https://www.eneos.co.jp/english/" target="_blank" rel="noopener">ENEOS Corp.</a> and <a href="https://www.fgl.co.jp/eng/" target="_blank" rel="noopener">Fuyo General Lease</a>, has announced that their solar power generating project, Cutlass Solar, has successfully transitioned from “construction and testing” to “full commercial operations.” <figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Non-Report/Newsletters%202023/JT-2023-NL-Texas-WK-2-US-Japanese-Clean-Energy-Cutlass-Solar.jpg" alt="" /> <figcaption class="image-caption">Cutlass Solar, located approximately 40 miles southwest of Houston, has a projected annual generation capacity of approximately 247,000 MWh.</figcaption> </figure> Cutlass Solar, a state-of-the-art 140-megawatt direct current, solar power plant, completed its testing phase in July 2022. With the project fully operational, representatives from the three partners expressed excitement about continuing their collective mission to supply reliable, renewable power to the Greater Houston area. Vice President of Development Collin Brown said the Cutlass Solar plant exemplified Advanced Power's unwavering commitment to strengthen the Greater Houston area through additional tax revenues that will supporting Fort Bend County and its local schools. Meanwhile, Fuyo General Lease pointed out that the Cutlass Solar project was the largest solar power plant that the company had ever undertaken. For its part, ENEOS said Cutlass Solar was its first solar power generation investment outside Japan and was a significant step towards achieving carbon-neutrality by 2040. Cutlass Solar is located approximately 40 miles southwest of Houston in Fort Bend County, Texas, and has a projected annual generation capacity of approximately 247,000 MWh.
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 - section_summaryUS independent power producer Advanced Power and its Japanese co-investors, ENEOS Corp. and Fuyo General Lease, has announced that their solar power generating project, Cutlass Solar, has successfully transitioned from "construction and testing" to "full commercial operations."
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 - titleA race to the top of the table
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 - descriptionLike many regions and cities across the United States, Los Angeles has gone through challenging times over the past two years. Thankfully, because of its geographical size and diverse economy, the city has weathered the economic slowdown quite well.
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 - contentLike many regions and cities across the United States, Los Angeles has gone through challenging times over the past two years. Thankfully, because of its geographical size and diverse economy, the city has weathered the economic slowdown quite well. Demographics have also played a vital role in strengthening the economy: There is a growing population of young people becoming more active in the workplace and starting their own businesses. To guide this new crop of entrepreneurs and business leaders, Mari Miyoshi wants to play a new role as mentor. Miyoshi, who also heads <a href="https://english.sumitomo-rd.co.jp/" target="_blank" rel="noopener">Sumitomo Realty & Development USA</a>, is the newest chairperson of the <a href="https://www.jas-socal.org/" target="_blank" rel="noopener">Japan America Society of Southern California</a>. “This is my new mission and commitment over the past two years. I want change to happen and give this chance to the younger generation, who will serve as a bridge. Yes, older people may have more experiences, but the youth has the motivation and dedication. I want to bring those together,” Miyoshi explained. “We have more essential jobs than any county and in the country. And almost 64% of the region’s jobs are considered essential. Because we are one of the most diverse economies in the U.S., we have several legs of the stool to stand on. Kern County is considered the population center of California and is a four-hour drive from 40 million consumers. And we’re very excited about the levels of new investment coming in,” said <a href="https://kernedc.com/" target="_blank" rel="noopener">Kern Economic Development Corp.</a> President and CEO Richard Chapman. Because the headquarters of SpaceX is located in Hawthorne, in southern Los Angeles County, there has been rapid growth in the aerospace, defense and space exploration industries. Another industry cluster that has shown robust growth is biotechnology, bioscience and life sciences, prompting county officials to prioritize those sectors over the next five years. Meanwhile, some companies have moved to other states in search of lower operating costs. But there also are many companies that have returned to Southern California, realizing that lower costs don’t necessarily result in greater efficiency. “When companies grow to a certain size, some will look for cheaper places to operate. We explain to our clients and potential customers that while cheaper is cheaper, cheaper is not always better. There’s a reason why so many companies have already selected LA. We have great assets, including the top two container ports in North America. That makes transporting goods and products more efficient,” said <a href="https://laedc.org/" target="_blank" rel="noopener">Los Angeles County Economic Development Corporation</a> COO Stephen Cheung. Aside from accessibility and connectivity, companies have returned to take advantage of the top talent and abundant resources in the region. Today, cities and towns in Southern California have stepped up their efforts to promote themselves as affordable, convenient and ideal places to live and work. “We’ve always had a tremendously strong relationship with Japan. That has made San Diego a better place. I hope our talent and technology has also made Japan better. After the last two years, we’re looking to build new partnerships and renew old ones. As we continue to tackle various global problems, we can do it better when we work together. We can form good international partnerships focused on our talent pipeline, infrastructure and housing,” said Nikia Clarke, executive director of <a href="https://www.sandiegobusiness.org/wtcsd/" target="_blank" rel="noopener">San Diego Regional Economic Development Corp. World Trade Center San Diego</a>. With pandemic restrictions easing, a growing number of cities and towns have intensified their efforts to promote their areas and attract new investment, especially from abroad. “We are constantly meeting with new businesses and new delegations, inviting them to see what we have to offer. As one of the safest, greenest, and highly educated cities, we have the ingredients to help businesses succeed. You have to come here, experience the city for yourself. We are always open to hosting people. Reach out, let us know what you need, and we’ll make it happen,” said <a href="https://www.cityofirvine.org/city-council/mayor-farrah-n-khan" target="_blank" rel="noopener">Irvine Mayor Farrah Khan</a>. <a href="https://avcity.org/" target="_blank" rel="noopener">Aliso Viejo</a> in Orange County is among those cities starting to grab the attention of international investors. “Foreign direct investment is important to our city to keep our economy growing. We have a great base of businesses and foreign companies that is interested in investing in our city because of the great things and the innovation that is happening in this area. Our priority is to maintain a healthy and steady source of funding to ensure the best quality of life for our residents,” said Aliso Viejo City Manager David Doyle.
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 - contentBrexit. The Covid-19 pandemic. The death of a beloved monarch. Over the last seven years, the United Kingdom has gone through a lot. Yet, the deeply-rooted pioneering spirit has remained alive in the country that gave birth to the Industrial Revolution.
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 - titleGlobal Business School Guide 2023
 - descriptionThe world faces a myriad of challenges that requires decisive and immediate action. While governments lead global efforts, some business schools form new models to address the world's most pressing issues.
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 - contentThe world faces a myriad of challenges that requires decisive and immediate action. While governments lead global efforts, some business schools form new models to address the world’s most pressing issues.
 - publication_date2023-07-01
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 - titleTexas 2023
 - descriptionA thriving workforce, expanding economic diversity, and increasing economic growth have made Texas one of the leading destinations for foreign direct investment in the United States, with the bulk of it coming from Japan.
 - urltexas
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 - tagsUS, Texas, Economy, Investment
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 - pdf_pathJT-2023-TEXAS-sm.pdf
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 - small_imageJT-2023-Texas-sm.jpg
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 - contentA thriving workforce, expanding economic diversity, and increasing economic growth have made Texas one of the leading destinations for foreign direct investment in the United States, with the bulk of it coming from Japan.
 - publication_date2023-06-30
 - creation_date2023-06-30
 - is_active(true)
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 - source_custom_urlhttps://info.japantimes.co.jp/international-reports/pdf/20230630-GMI-Texas.pdf
 - digital_linkhttps://www.japantimes.co.jp/country-report_category/texas-report-2023/
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 - titleSerbia 2023
 - descriptionJapanese-Serbian relations started with a simple letter sent in 1882 by the first king of Serbia to Japan's Emperor Meiji. In the last 141 years, the partnership between these two countries has emerged stronger, having weathered two world wars and lending each other support following civil conflict and natural disasters.
 - urlserbia-2023
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 - tagsJapan, Serbia, Economy, Investment, Manufacturing, Tourism
 - is_published(true)
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 - pdf_pathJT-2023-SERBIA.pdf
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 - contentJapanese-Serbian relations started with a simple letter sent in 1882 by the first king of Serbia to Japan’s Emperor Meiji. In the last 141 years, the partnership between these two countries has emerged stronger, having weathered two world wars and lending each other support following civil conflict and natural disasters.
 - publication_date2023-06-09
 - creation_date2023-06-09
 - is_active(true)
 - participant_count0
 - source_custom_urlhttps://info.japantimes.co.jp/international-reports/pdf/20230609-GMI-Serbia.pdf
 - digital_linkhttps://www.japantimes.co.jp/country-report_category/serbia-report-2023/
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 - titleItaly 2023
 - descriptionAhead of this year's summit held in Japan of the Group of Seven most industrialized economies, the Italian government headed by Prime Minister Giorgia Meloni has been preparing to take over the group's rotating presidency with a firm commitment to further raise living standards around the world, which has emerged from a debilitating pandemic.
 - urlitaly-2023
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 - tagsJapan, Italy, Economy, Investment
 - is_published(true)
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 - pdf_pathJT-2023-ITALY.pdf
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 - contentAhead of this year’s summit held in Japan of the Group of Seven most industrialized economies, the Italian government headed by Prime Minister Giorgia Meloni has been preparing to take over the group’s rotating presidency with a firm commitment to further raise living standards around the world, which has emerged from a debilitating pandemic.
 - publication_date2023-03-23
 - creation_date2023-03-23
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 - source_custom_urlhttps://info.japantimes.co.jp/international-reports/pdf/20230531-GMI-Italy.pdf
 - digital_linkhttps://www.japantimes.co.jp/country-report_category/italy-report-2023/
 - pdf_path_2(null)
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 - titleSouthern USA 2023
 - descriptionFor more than half a century, the Southern United States has attracted Japanese automakers and hundreds of other Japanese companies within the automotive supply chain, successfully drawing them in with a business-friendly environment and a consistent stream of reliable skilled workers.
 - urlsouthern-usa-2023
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 - tagsJapan, US, Alabama, Arkansas, Kentucky, Louisiana, Mississippi, Oklahoma
 - is_published(true)
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 - pdf_pathJT-2022-SOUTH USA.pdf
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 - contentFor more than half a century, the Southern United States has attracted Japanese automakers and hundreds of other Japanese companies within the automotive supply chain, successfully drawing them in with a business-friendly environment and a consistent stream of reliable skilled workers.
 - publication_date2023-03-17
 - creation_date2023-03-17
 - is_active(true)
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 - source_custom_urlhttps://info.japantimes.co.jp/international-reports/pdf/20230317-GMI-Southern_USA.pdf
 - digital_linkhttps://www.japantimes.co.jp/country-report_category/southern-usa-report-2023/
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 - titleSoutheastern USA 2023
 - descriptionAs the world returns to normality following the protracted COVID-19 pandemic, the southeastern United States has seen sharp growth in the number of new businesses coming to the region. For Florida, Georgia and North Carolina, the transition was smooth, if not because of a collective will to succeed, then due to the deeply ingrained hospitality the South is famous for.
 - urlsoutheastern-usa-2023
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 - contentAs the world returns to normality following the protracted COVID-19 pandemic, the southeastern United States has seen sharp growth in the number of new businesses coming to the region. For Florida, Georgia and North Carolina, the transition was smooth, if not because of a collective will to succeed, then due to the deeply ingrained hospitality the South is famous for.
 - publication_date2023-02-28
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 - source_custom_urlhttps://info.japantimes.co.jp/international-reports/pdf/20230228-GMI-Southeastern_USA.pdf
 - digital_linkhttps://www.japantimes.co.jp/country-report_category/southeastern-usa-report-2023/
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 - titleJapan SMEs 2022
 - descriptionAs the base of many of the largest global brands, like Toyota, Sony, Honda, to name only a few, Japan built its economic muscle on the back of thousands of small- and medium-sized firms, some of them still family-owned, that maintain a strong ethos of workmanship, or monozukiri, while adapting an innovative spirit to keep them competitive.
 - urljapan-smes-2022
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 - tagsJapan, Economy, SMEs
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 - pdf_pathFA-JAPAN SMEs 2022-B.pdf
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 - publication_date2022-12-01
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 - titleU.S. East Coast 2022
 - descriptionHaving just weathered the worst of the COVID-19 pandemic and dealing with the effects of the war in Ukraine, the United States and Japan have remained steadfast in building a stronger alliance - a partnership that has generated prosperity and provided stability across the Pacific and the rest of the world over the past 70 years.
 - urlus-east-coast-2022
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 - tagsJapan, US, East Coast, Economy, Investment
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 - pdf_pathJT-EAST COAST 2022-Rev-sm.pdf
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 - contentHaving just weathered the worst of the COVID-19 pandemic and dealing with the effects of the war in Ukraine, the United States and Japan have remained steadfast in building a stronger alliance — a partnership that has generated prosperity and provided stability across the Pacific and the rest of the world over the past 70 years.
 - publication_date2022-10-31
 - creation_date2022-10-31
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 - source_custom_urlhttps://info.japantimes.co.jp/international-reports/pdf/20221031-GMI-US_East_Coast.pdf
 - digital_linkhttps://www.japantimes.co.jp/country-report_category/u-s-east-coast-report-2022/
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 - titleSouthern California 2022
 - descriptionLike many regions and cities across the United States, Los Angeles has gone through challenging times over the past two years. Thankfully, because of its geographical size and diverse economy, the city has weathered the economic slowdown quite well. Demographics have also played a vital role in strengthening the economy: There is a growing population of young people becoming more active in the workplace and starting their own businesses.
 - urlsouthern-california-2022
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 - tagsSouthern California, Japan, Economy, Investment
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 - pdf_pathJT-LOS ANGELES 2022.pdf
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 - contentLike many regions and cities across the United States, Los Angeles has gone through challenging times over the past two years. Thankfully, because of its geographical size and diverse economy, the city has weathered the economic slowdown quite well. Demographics have also played a vital role in strengthening the economy: There is a growing population of young people becoming more active in the workplace and starting their own businesses.
 - publication_date2022-06-30
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 - source_custom_urlhttps://info.japantimes.co.jp/international-reports/pdf/20220630-GM-Southern_California.pdf
 - digital_linkhttps://www.japantimes.co.jp/country-report_category/southern-california-report-2022/
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 - titleEducation in the Commonwealth 2022
 - descriptionThrough this second edition of Guide to Education in the Commonwealth, GMI Post hopes to present Chinese students with well-regarded options in Australia, Canada and the United Kingdom for quality education, both in secondary, college and post-graduate levels.
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 - tagsEducation, Canada, Australia, UK, China, Forbes
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 - pdf_pathCommonwealth Education 2022-CH-SM.pdf
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 - contentThrough this second edition of Guide to Education in the Commonwealth, GMI Post hopes to present Chinese students with well-regarded options in Australia, Canada and the United Kingdom for quality education, both in secondary, college and post-graduate levels.
 - publication_date2022-06-27
 - creation_date2022-06-24
 - is_active(true)
 - participant_count0
 - source_custom_url
 - digital_linkhttps://www.forbeschina.com/life/60762
 - pdf_path_2FC-Commonwealth Education 2022-23 March-sm.pdf
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 - titleUS Midwest 2022
 - descriptionMore than two years into the pandemic, the states in the U.S. Midwest are showing signs of a strong recovery. Many businesses have seen new opportunities for growth and technological innovation, reminiscent of the boom that characterized the postwar era in the United States.
 - urlus-midwest-2022
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 - tagsUS, Japan, Economy, Investment, Midwest, Illinois, Indiana, Michigan, Ohio, Wisconsin
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 - contentBecause of its excellent infrastructure and well-developed transport links, the U.S. Midwest has become an important logistics center, a position that local and international businesses appreciated more in light of the protracted COVID-19 pandemic that strained supply chains across the globe and stunted economic growth. More than two years into the pandemic, GMI Post reports on how the centrally located region is displaying a strong recovery.
 - publication_date2022-03-15
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 - source_custom_urlhttps://info.japantimes.co.jp/international-reports/pdf/20220315-GM-US_Midwest.pdf
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 - titleEducation in Asia Pacific 2022
 - descriptionThe world's fastest-growing region, Asia has remained the main driver of the global economy for nearly half a century. At the heart of the continent's impressive growth have been value-added manufacturing, high tech innovation and, in the last decade, education. As the leaders of Asian technological innovation, Japan, South Korea and mainland China continue to impress the world with life-changing gadgets and planet-saving technology developed by locals in laboratories and R&D centers at home. That strength has naturally spread to neighboring Asian economies, like Singapore, Malaysia, Indonesia and Thailand.
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 - pdf_pathFA-APAC EDU 2021.pdf
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 - contentThe world’s fastest-growing region, Asia has remained the main driver of the global economy for nearly half a century. At the heart of the continent’s impressive growth have been value-added manufacturing, high tech innovation and, in the last decade, education. As the leaders of Asian technological innovation, Japan, South Korea and mainland China continue to impress the world with life-changing gadgets and planet-saving technology developed by locals in laboratories and R&D centers at home. That strength has naturally spread to neighboring Asian economies, like Singapore, Malaysia, Indonesia and Thailand.
 - publication_date2022-01-01
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 - titleTexas 2021
 - descriptionAs the global economy reels from the shock dealt by COVID-19 in 2020, some countries have begun showing signs of recovery from the pandemic. In the U.S., the state of Texas in particular, has attracted new investment from Japan because of its entrenched competitiveness and established industrial base. This year, GMI Post took a look at how different cities and areas of Texas have capitalized on that momentum.
 - urltexas-2021
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 - tagsJapan, Texas, Economy, Investment
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 - contentAs the global economy reels from the shock dealt by COVID-19 in 2020, some countries have begun showing signs of recovery from the pandemic. In the U.S., the state of Texas in particular, has attracted new investment from Japan because of its entrenched competitiveness and established industrial base. This year, GMI Post took a look at how different cities and areas of Texas have capitalized on that momentum.
 - publication_date2021-10-13
 - creation_date2021-10-13
 - is_active(true)
 - participant_count0
 - source_custom_urlhttps://info.japantimes.co.jp/international-reports/pdf/20211013-GMI-Texas.pdf
 - digital_linkhttps://www.japantimes.co.jp/country-report_category/texas-report-2021/
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 - titleEducation in Western Europe 2021
 - descriptionGMI Post is putting together the first-ever Guide to Education in Western Europe to be published in Mandarin in Forbes China magazine in mid-2021. As the ongoing SARS-CoV-2 global pandemic gives Chinese students much fewer choices to study abroad, Western Europe remains a safe and attractive destination to a quality education. More than ever, Chinese parents and students need reliable information about the current global educational landscape and their options. Apart from promoting the entire region as an excellent, open and secure destination, the guide will also feature some of Western Europe’s best and most reputable universities and educational institutions. Any inquiries regarding this report can be directed to Danelle Ong and Maria Sanchez.
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 - pdf_pathEurope Education Guide 2021-Final-CH.pdf
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 - contentGMI Post is putting together the first-ever Guide to Education in Western Europe to be published in Mandarin in Forbes China magazine in mid-2021. As the ongoing SARS-CoV-2 global pandemic gives Chinese students much fewer choices to study abroad, Western Europe remains a safe and attractive destination to a quality education. More than ever, Chinese parents and students need reliable information about the current global educational landscape and their options. Apart from promoting the entire region as an excellent, open and secure destination, the guide will also feature some of Western Europe’s best and most reputable universities and educational institutions. Any inquiries regarding this report can be directed to <a href="mailto:danelle@gmipost.com?subject=Report%20on%20Education%20in%20Western%20Europe" target="_blank" rel="noopener">Danelle Ong</a> and <a href="mailto:maria@gmipost.com?subject=Report%20on%20Education%20in%20Western%20Europe" target="_blank" rel="noopener">Maria Sanchez</a>.
 - publication_date2021-10-04
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 - digital_link
 - pdf_path_2Europe Education Guide 2021-Final-ENG.pdf
 - pdf_preview_path_2Europe-Education-Guide-2021-Final-ENG-1.jpg
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 - titleEducation in Japan 2021
 - descriptionGMI Post is preparing a Guide to Education in Japan to be published in Foreign Affairs magazine in mid- 2021. This report follows GMI Post’s series of successful reports on Japan that began in 2011. Amid the current SARS-CoV-2 global pandemic, several thousands of international students face various questions and challenges related to studying abroad just as Japan wants to position itself as an attractive destination for non-Japanese students. The upcoming report will serve as a guide that will promote Japan’s most reputable educational institutions, highlight the excellence, openness and safe environment in Japan, as well as foster stronger partnerships between Japanese schools and the rest of the world. Any inquiries regarding this report can be directed to Lala Cortes and Karen Lee.
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 - tagsEducation, Japan
 - is_published(true)
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 - pdf_pathFA-JAPAN EDU 2021.pdf
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 - contentGMI Post is preparing a Guide to Education in Japan to be published in Foreign Affairs magazine in mid- 2021. This report follows GMI Post’s series of successful reports on Japan that began in 2011. Amid the current SARS-CoV-2 global pandemic, several thousands of international students face various questions and challenges related to studying abroad just as Japan wants to position itself as an attractive destination for non-Japanese students. The upcoming report will serve as a guide that will promote Japan’s most reputable educational institutions, highlight the excellence, openness and safe environment in Japan, as well as foster stronger partnerships between Japanese schools and the rest of the world. Any inquiries regarding this report can be directed to <a href="mailto:lala@gmipost.com?subject=Report%20on%20Education%20in%20Japan" target="_blank" rel="noopener">Lala Cortes</a> and <a href="mailto:karen@gmipost.com?subject=Report%20on%20Education%20in%20Japan" target="_blank" rel="noopener">Karen Lee</a>.
 - publication_date2021-09-01
 - creation_date2021-04-02
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 - titleGreece 2021
 - descriptionFollowing the disruption caused by the SARS-CoV-2 global pandemic last year, GMI Post is preparing a second Special Report on Greece, which will again highlight the country’s main economic players and hidden champions. The special report is planned for this summer to coincide with the opening of the postponed Tokyo Olympics. While the SARS-CoV-2 pandemic reversed the solid gains made by Greece in 2018, when the country exited its economic bailout program, the country is getting back up on its feet with cautious optimism as the government led by Prime Minister Kyriakos Mistotakis efficiently oversees its vaccination rollout. Analysts predict that Greece’s GDP to grow between 3.5 and 4.0 percent in the coming months.
 - urlgreece-2021
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 - contentFollowing the disruption caused by the SARS-CoV-2 global pandemic last year, GMI Post is preparing a second Special Report on Greece, which will again highlight the country’s main economic players and hidden champions. The special report is planned for this summer to coincide with the opening of the postponed Tokyo Olympics. While the SARS-CoV-2 pandemic reversed the solid gains made by Greece in 2018, when the country exited its economic bailout program, the country is getting back up on its feet with cautious optimism as the government led by Prime Minister Kyriakos Mistotakis efficiently oversees its vaccination rollout. Analysts predict that Greece’s GDP to grow between 3.5 and 4.0 percent in the coming months. Supporting this prediction is the EU-Japan Economic Partnership Agreement, which came into effect in 2019, created the world’s largest free trade zone, and gave a strong boost to Greek agri-food exporters. In fact, only one year after the EU-Japan EPA came into effect, Greek exports to Japan doubled. The upcoming report will highlight Greece’s highly profitable prospects outside the EU and identify valuable investment opportunities for Japanese companies. Inquiries regarding this report can be directed to Project Coordinator <a href="mailto:francis@gmipost.com?subject=Special%20Report%20on%20Greece" target="_blank" rel="noopener">Francis Pacheco</a>.
 - publication_date2021-08-09
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 - participant_count0
 - source_custom_urlhttps://info.japantimes.co.jp/international-reports/pdf/20210809-GM-Greece.pdf
 - digital_linkhttps://www.japantimes.co.jp/country-report_category/greece-report-2021/
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 - titleEducation in the Commonwealth 2021
 - descriptionAs of 2019, there were an estimate 5.5 million international students around the world, a significant percentage of which came from China. As the middle class continues to expand in the world's largest economy, more parents seek an international education for their children. With this guide, GMI Post hopes to provide parents and students in China with information that will help them decide which educational institutions in Australia, Canada, New Zealand, and the United Kingdom will best serve their academic objective and warmly welcome them.
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 - contentAs of 2019, there were an estimate 5.5 million international students around the world, a significant percentage of which came from China. As the middle class continues to expand in the world's largest economy, more parents seek an international education for their children. With this guide, GMI Post hopes to provide parents and students in China with information that will help them decide which educational institutions in Australia, Canada, New Zealand, and the United Kingdom will best serve their academic objective and warmly welcome them.
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 - titleIreland 2020
 - descriptionJapan has been a favorite market for Irish companies in the Asia-Pacific region not only because the Japanese value loyalty in business, but also because they share an open-mindedness towards game-changing innovation. In the recent years, Ireland has gained global admiration for becoming a leading hub for technology. It has also convinced some multinational companies to move their European headquarters and main operations bases there. Although medical technology, fin-tech, aviation and engineering have shown impressive growth in exports to Japan, pharmaceuticals remain as the largest Irish export.
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 - contentJapan has been a favorite market for Irish companies in the Asia-Pacific region not only because the Japanese value loyalty in business, but also because they share an open-mindedness towards game-changing innovation. In the recent years, Ireland has gained global admiration for becoming a leading hub for technology. It has also convinced some multinational companies to move their European headquarters and main operations bases there. Although medical technology, fin-tech, aviation and engineering have shown impressive growth in exports to Japan, pharmaceuticals remain as the largest Irish export.
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 - titleGreece 2020
 - descriptionWhen Greece and Japan celebrated the 120th anniversary of the establishment of formal diplomatic relations last year, the two countries welcomed "a new era of partnership in business and culture." The milestone came at an auspicious time as Greece continued on its road to economic recovery and Japan strengthened its efforts to expand its relations with Europe as the EU-Japan Free Trade Agreement came into effect.
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 - titleColombia 2020
 - descriptionAs Japan and Colombia celebrate 112 years of diplomatic relations this year, the world's third-largest economy remains the largest Asian investor in the South American economy and plans to further expand its investment in the country. Continuing its coverage of South America in The Japan Times, GMI Post explores Colombia's partnership with Japan and will cover the cities of Medellin, Cartagena, and Cali. Seven years after its previous report on Colombia, GMI Post's team will expand its scope into more sectors, such as legal services, agriculture, food & beverage, education and hospitality.
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 - titleLos Angeles 2020
 - descriptionAfter 160 years of shared history, the USA and Japan have become strong partners in diplomacy and trade. This is especially evident in Southern California, where Japan remains the largest source of foreign direct investment and significant driver of its economy. As of January 2020, there are around 800 Japanese companies in Southern California, which generate about 80,000 jobs. Both sides look forward to a further flourishing of relations with the accession of Japan's Emperor Naruhito last May and the start of Reiwa Era, which aspires to bring "beautiful harmony" between Japan and its friends, and with a signing of a new limited trade deal.
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 - titleSouthwest USA 2020
 - descriptionFollowing the success of the 2016 Report on the U.S. Southwest, GMI POST returns to the states of Colorado, New Mexico, Arizona, Utah and Nevada to the cities, companies and people who shared long cultural and business ties with Japan, as well as offer fresh business opportunities investors in the two countries. As the Japanese government reaffirms its commitment to Society 5.0 initiative - vision for a human-centered society that balances economic progress and social development through the closer integration of physical space and cyberspace - the U.S. Southwest hopes to become an investment destination and an innovation partner for Japanese innovators.
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 - titleNorthern California 2020
 - descriptionNow with more than 900 Japanese-affiliated companies in the Bay Area alone, Northern California has once again proven itself to be the hothouse for collaboration and innovation between U.S. and Japanese business. GMI Post returns to Northern California following the success of its last special business report back in 2014. This planned report will identify organizations across the Bay Area that want closer ties with Japan across various industries, such as technology, financial services, retail, manufacturing and agriculture.
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 - titleU.S. Pacific Northwest 2019
 - descriptionWhether one prefers to ski down snow-covered peaks, hike up lush mountains or just enjoy a glass of wine on the beach, the Pacific Northwest has attracted a wide range of visitors from around the world, an increasing number of them from Japan. Because of their proximity to Asia, the states of Oregon and Washington have also positioned themselves as ideal partners for business. As the base of some of the world's largest companies, including the most connected technology giants, the two states boast very stable economies, one thing to consider for potential Japanese investors.
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 - descriptionGMI Post is headed to Guayaquil and Quito to research and prepare a Special Business Report on Ecuador, to be published in the Japan Times in the 4th quarter of 2019, in commemoration of the 100th anniversary of diplomatic relations between Japan and Ecuador. This is part of GMI Post's ongoing series of reports on South America. During last year's visit to Ecuador, Japanese Foreign Minister Taro Kono cited that as more Japanese companies were looking towards Ecuador, more Ecuadorian products were reaching Japanese consumers than ever before. Trade between Japan and Ecuador reached $1.2 billion in 2017 as value-added Ecuadorian products such as cacao, shrimp and bananas have become highly sought after in the Japanese market.
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 - descriptionGMIPOST is putting together a Special Report on Uruguay to commemorate the 110th anniversary of the arrival of the first Japanese immigrants to the country. As South America's middle market companies continue to grow, Japanese investors closely monitor the developments in this large, dynamic market. Casting a vote of confidence, Japanese giant SoftBank has already invested $5 billion in the region.
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 - descriptionGuided by its Vision 2030, the Kingdom of Saudi Arabia has committed itself to a path of economic, industrial, social and digital transformation. As changes occur at a breakneck pace, the drive towards diversification has been anchored on the kingdom's natural strengths and assets. Among these reforms include the launch of e-visas, which open up Saudi Arabia to a wider variety of tourists from around the world, thereby creating more kinds of opportunities for foreign investment. In developing its partnerships, the Saudi government and business leaders have sharpened their focus on Asia.
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 - titleChile 2019
 - descriptionAs host of this year's APEC 2019 in November and organizer of the U.N. Climate Change Conference (COP25) in December, Chile will be on the global spotlight again. Over several years, Chile has earned a reputation for being an ideal business hub in South America because of its open economy and business-friendly policies. In the 2018 Global Competitiveness Report, the country was 33rd among other 137 countries and 56th in Ease of Doing Business.
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 - titlePeru 2019
 - descriptionWith its GDP growing an average of 4 percent a year, Peru economy has outperformed those of its neighbors Traditionally a mining country, the country has developed new growth opportunities in non-traditional agricultural exports, manufacturing, tourism and new technologies. Thanks to the Pacific Alliance, the CPTPP and its commitment to globalization, Peru and Japan have found new areas of collaboration on which to forge a stronger relationship for many years to come.
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 - titleSlovakia 2019
 - descriptionCelebrating more than 25 years of diplomatic relations, Slovakia and Japan have recognized great opportunities for stronger economic cooperation. And as Japan's changing demographics present challenges in terms of domestic growth, around 3.8 million SMEs are seeking opportunities in new overseas markets like Slovakia. With the EU-Japan Economic Partnership Agreement coming into force in February 2019, Slovakia and Japan are well positioned to strengthen their business ties.
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 - titleCanada 2019
 - descriptionGMI Post returns to Canada in a reboot of its 2015 Report. This new report will identify various sectors and regions that present the most promising opportunities for increased collaboration, while featuring successful Canadian organizations that are ideal partners in the region.
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 - titleEstonia 2019
 - descriptionCelebrating more than 25 years of diplomatic relations, Estonia and Japan have recognized great opportunities for stronger economic cooperation. And as Japan's changing demographics present domestic challenges, roughly 3.8 million Japanese SMEs are recognizing opportunities for investment in untapped overseas markets like Estonia. With the EU-Japan Economic Partnership Agreement entering into force in February 2019, Estonia and Japan are in excellent positions to further deepen their bonds.
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 - titleSouthern USA 2019
 - descriptionGlobal Media Inc. continues its tour of the United States with its upcoming Special Business Report on the Southern USA, covering the States of Florida, Alabama, Tennessee, Kentucky, Mississippi and Louisiana.
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 - titleFrance 2019
 - descriptionTentatively set for publication in July/August 2019, the Special Business Report on France will examine France's strongest and fastest growing industries and companies, and the impact these have on the world's development - as well as the country's investment and partnership opportunities. It also aims to strengthen its relationship with other world leaders such as the United States.
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 - titlePortugal 2019
 - descriptionGlobal Media continues its coverage of the EU with the Special Business Report on Portugal for Foreign Affairs. Covering the business center of Lisbon, as well as the cities of Porto, Faro, Evora and Coimbra, the report will highlight the country's strengths and contributions to the global market.
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 - titleNorthern Italy 2019
 - descriptionGlobal Media Inc. continues its coverage of the European Union with its upcoming Special Business Report on Northern Italy. The report, in partnership with the Japan Times, is set for publication in the first quarter of 2019 and will cover the cities of Milan, Turin, Genoa and Venice.
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 - titleNew Zealand 2019
 - descriptionWith its large number of export-focused industries, New Zealand has had to be pragmatic about trade, given the size of its economy and its geographic distance to the world's largest markets. It was the first developed country to sign a free trade agreement (FTA) with China, its largest trading partner followed by Japan and Korea. "We are a geographically isolated nation that places huge reliance on the economic benefit derived from engaging in trade. We need some predictability around that and that is why we really focus and support multilateral agreements," explained Prime Minister Jacinda Ardern, who expanded New Zealand's FTA with Singapore and initiated new trade talks with the European Union.
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 - titleSoutheastern USA 2019
 - descriptionGlobal Media Inc. continues its coverage of the United States with its upcoming Special Business Report on Southeast USA, with the team traveling across West Virginia, Virginia, the Carolinas, and all the way down to Georgia and Florida.
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 - descriptionStretching from Virginia to Maine, the Mid-Atlantic and New England states were part of the Thirteen Original Colonies that declared independence from Great Britain. Owing to its history, heritage and location, these states contain America's largest population centers and is home to the country's oldest and most prestigious universities, which have become leading innovators in life sciences, engineering, IT, defense, the arts, and culture.
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 - descriptionWith a relationship going back more than 160 years, the United States and Japan share very deep historical ties. And the Midwest states of Illinois, Wisconsin, Michigan, Indiana and Ohio have played vital roles in strengthening that relationship. Trade and investment between those Great Lakes states and Japan support tens of thousands of jobs and account for billions of dollars every year Global Media Inc. returns to the U.S. Midwest to highlight old success stories and new investment opportunities in the region.
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 - titleJapan 2018
 - descriptionAs Abenomics shows signs of working, Japan is experiencing record growth. The world is keen to see Japan’s next steps for its comeback as the Asian leader and strategic partner. While Abe’s administration continues to hold trade talks with the US, EU, ASEAN, and other blocs, its different sectors need to demonstrate its capabilities. Manufacturers’ confidence is on a record high, while other fields such as life science and services, continue to rise. The Special Business Report on Japan, tentatively scheduled for publication in the March/April 2018 issue of Foreign Affairs, follows two successful reports in March/April and July/August 2017. It will highlight Japan’s top and growing industries and businesses across prefectures, while identifying opportunities for investment and collaboration available to foreign companies.
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 - descriptionWidely known as an oil-rich state, Qatar has built a reputation over the years as a more diversified economy with a globalized outlook on development. Apart from the usual petrochemical players, the country boasts large local flagships as well as new contributors to its nation-building project.
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 - descriptionThe economic center of gravity shifts further towards Asia. With over 4 billion people, Asia is becoming a more sophisticated consumer market for goods, services and ideas. And as tastes and standards in this part of the world improve, Western high tech manufacturers and knowledge workers will find ready and willing partners for prosperity. Being the 4th largest economy in the world, Germany has a lot to offer to this massive, diverse market. What does the 'Asian Century' mean for Europe and, as the economic powerhouse of the continent, for German business?
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 - descriptionHaving shed its image as a strife-ridden country, the Kingdom of Cambodia has made great strides in building a bright, sustainable future for its people. Made up of a population of 15 million, half of which are under 25 years old, Cambodia’s demographics present the perfect condition to speed up economic growth.
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 - descriptionCelebrating over 35 years since the enactment of the Taiwan Relations Act, the Republic of China (Taiwan) and the United States share a special bond. As Taiwan’s third largest trading partner, the U.S. continues to look towards the nation for its expertise in information and biotechnology. Taiwan, Asia’s 5th largest economy, now faces new challenges in the form of further transformation to a high-technology and service-oriented economy. Dubbed the “Silicon Valley of Asia”, Taiwan more than ever is keen on deepening its relationship with the U.S. and with both countries ushering in a change of government, the relationship between the two is expected to continue to flourish.
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 - titleSouthern California 2017
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 - titleJapan 2017, Part 2
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 - descriptionWith an annual GDP growth exceeding 5% per year, Bolivia has one of the region's most dynamic economies. Mining of silver, zinc and gold has remained Bolivia's traditional revenue earner. But with a young and growing population, a rising middle class, and enormous tracts of arable land, the country is looking beyond mining and is promoting investments in the services, construction, real estate and agriculture sectors. Bolivia's success is best exemplified by Santa Cruz, once a backwater town of just 40,000 people 50 years ago. Today, the city is home to 3 million Bolivians, or nearly 30% of the country's population, and accounts for almost 40% of Bolivia's economic activity and foreign direct investments. This phenomenal growth is attributed to the city’s strategic location, rich natural resource and more importantly, the residents’ appetite for risk and openness to doing business. Scheduled to be published in the April 2017 in the Japan Times, the Special Business Report on Bolivia will highlight the investment potential of the country and its different cities.
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 - titlePeru 2017
 - description2016 continues to be a year of momentum for Peru as the recently elected President Pedro Pablo Kuczynski consolidates his country’s position as one of the best performing economies in Latin America. With its many investment opportunities, Peru has become a gateway into South America and a reliable partner for growth. With a shared history that spans more than 140 years, Peru was the first Latin American country to formalize relations with Japan. Both countries have nurtured that long history to deepen their own cultures and economies. Amid increasing areas for cooperation, business leaders from Peru and Japan are exploring new business ventures. Scheduled to be published in February 2017, the Special Business Report on Peru will highlight the success of the country as host of this year’s Asia Pacific Economic Cooperation summit and provide a clear picture of the Peruvian economy.
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 - titleJapan 2017
 - descriptionWith Tokyo set to host the Olympics and Paralympic Games in 2020, Japan hopes to build further on its image as a major global player and spur a much-needed boost to the economy of the world’s third-largest economy. As an innovator in a wide range of industries, Japan has exported its game-changing technologies and expertise with the rest of the world. With its recent entry into the Trans-Pacific Partnership Agreement (TPPA), the country has opened up more opportunities for its companies and entrepreneurs overseas? What does the future hold for this global powerhouse? Scheduled to be published in the March/April 2017 issue of Foreign Affairs, the Special Business Report on Japan will serve as a follow up on two previous reports, including the one in 2013 headlined by Prime Minister Shinzo Abe.
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 - pdf_pathFA-JAPAN 2017.pdf
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 - small_imageFA-JAPAN 2017-LEAD ARTICLE-TOURISM.jpg
 - left_block_image
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 - header_imageJapan-Banner-2.jpg
 - contentAs an innovator in a wide range of industries, Japan has exported its game changing technologies and expertise to the rest of the world. However, over the past two decades, its economy has experienced sluggish growth. Maintaining its position as the third’s largest economy, Japan continues to find new ways in creating economic boost. “As the Japanese government works on a wide range of policies aimed at stimulating economic growth, the ACCJ has offered policy prescriptions that encourage further reform and growth in Japan,” said Christopher LaFleur, President of the American Chamber of Commerce in Japan. Earlier this year, Prime Minister Shinzo Abe reiterated that his top priority continues to be economic growth, with accelerating Abenomics being key. Introduced in 2012, Abenomics is a set of economic policies combining aggressive fiscal spending, monetary policy, and structural reform.
 - publication_date2017-02-14
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 - digital_linkhttps://www.foreignaffairs.com/country-focus/japan-rebuilding-tomorrow
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 - titlePoland 2016
 - descriptionWith its GDP growing impressively over the last two decades, Poland is well positioned to become one of Europe’s economic champions. The upcoming Special Business Report on Poland, to be published in the fourth quarter of 2016, will be the first-ever report on this country in Forbes and Forbes Asia. The report aims to promote the nation as a hub for investment, trade, education, and tourism. It will also highlight the little-known success stories from the Polish public and private sectors, while identifying new opportunities for business. The section will also recap the NATO conference in July.
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 - titleSweden 2016
 - descriptionBecause of its readiness to adapt to the rapid changes and huge demands of the global economy, Sweden has remained one of Europe’s most vibrant and stable economies. Once known as a traditional industrial power, the country of only 10 million people has repeatedly reinvented itself and continues to impact billions of people around the world more than they realize. What drives this success? An open attitude, a strong entrepreneurial spirit and a constant thirst for innovation have been those driving forces. The upcoming Special Business Report on Sweden, to be published in late 2016, will be the maiden report on this country in Forbes and Forbes Asia. The report will highlight Sweden’s success stories, its most dynamic sectors, and the most critical partners for business growth.
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 - titleChile 2016
 - descriptionBordered by the Pacific Ocean to the west and by the Andes mountains to the east, Chile has faced geographical challenges in creating trade routes with its nearest neighbors. Undaunted by those limitations, the country has forged free trade agreements with some of the world’s strongest economies, such as the United States, China and Japan. Traditionally a mining economy with the world’s largest copper reserves, Chile has successfully expanded its economic base, capitalizing on its natural beauty to build a dynamic tourism industry and supporting its export sector to attract more investors from Latin America. To mark 120 years of diplomatic relations with Japan and the 10th anniversary of the Chile-Japan Economic Partnership Agreement, the upcoming Special Business Report on Chile in the Japan Times will highlight the stability of the country and its ideal investment climate.
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 - titleBrunei 2016
 - descriptionBuilding on more than 30 years of diplomatic relations, Brunei Darussalam and Japan have expanded economic collaboration to beyond the petroleum industry. Over the past few years, several Japanese companies have discovered various investment opportunities in this oil-rich sultanate determined to diversify its economy. Tentatively entitled “Exploring New Fields of Cooperation,” The Special Business Report on Brunei is scheduled to be published in September 2016 in the Japan Times. The report aims to promote the sultanate as a hub for investment, trade, education, and tourism.
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 - titleThailand 2016, Part II
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 - tagsThailand, Business, Bangkok Bank, PTT, Singha Estate, ThaiNamthip, THAI Airways
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 - publication_date2016-08-10
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 - digital_linkhttps://www.foreignaffairs.com/country-focus/thailand
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 - id33
 - titlePanama 2016
 - descriptionWith the Panama Canal Extension Project approaching completion and the agreement to build the Metro Line 2 recently signed, the buzz surrounding bilateral relations between Japan and Panama is arguably at an all-time high. Amid this very bullish atmosphere, Global Media aims to further promote business ties between the two countries through its 2016 Special Business Report on Panama, to be published in The Japan Times concurrently with the Canal extension’s official opening.
 - urlpanama-2016
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 - publication_date2016-08-03
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 - titleSouthwest USA 2016
 - descriptionIn recent years, the U.S. states of Colorado, Utah, Arizona and Nevada have reported among the fastest-growing economies in the country. With the imminent implementation of the Trans Pacific Partnership – a sweeping trade agreement that brings together the United States and 12 other Pacific Rim countries, including Japan – the world’s largest and third-largest economies are gearing up for a new era in global trade.
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 - publication_date2016-06-07
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 - titleThailand 2016
 - descriptionDespite recent challenges, Thailand has remained successful in keeping its economy very competitive as it also proceeds with program to normalize the political situation in the country.
 - urlthailand-2016
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 - pdf_pathFA-THAILAND 2016.pdf
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 - publication_date2016-04-14
 - creation_date2015-10-13
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 - digital_linkhttps://www.foreignaffairs.com/country-focus/thailand-kingdom-maintains-its-winning-edge
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 - titleEastern USA 2016
 - descriptionDue to its proximity to the nation's political capital and its financial center, the Eastern States play a significant role in promoting trade relations with the rest of the world.
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 - publication_date2016-02-25
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 - titlePeru 2015
 - descriptionToday, as the Pacific Alliance - composed of Peru, Chile, Colombia, and Mexico - seeks to create a Latin American gateway to Asian markets, Peru plays an important role in bringing this vision to fruition.
 - urlperu-2015
 - place
 - tagsForbes Asia, Peru, Latin America, Economy, Trade, Investment, Pacific Alliance
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 - pdf_pathFORBES-PERU 2015.pdf
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 - publication_date2015-10-26
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 - titleSouthern USA 2015
 - descriptionCovering the Southern United States, the upcoming report serves to promote the robust trade and investment environment in the country and highlight the primary role of Japan and the United States in trans-Pacific trade.
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 - place
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 - pdf_pathJT-SOUTH USA 2015.pdf
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 - contentCovering the Southern U.S.A., the upcoming report serves to promote the robust trade and investment environment in the country and highlight the primary role of Japan and the United States in trans-Pacific trade.
 - publication_date2015-09-19
 - creation_date2015-04-21
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 - titleCanada 2015
 - descriptionAmid the backdrop of the on-going Trans-Pacific Partnership negotiations, Canada has taken significant steps towards strengthening its relations with its Asian counterparts. Recent visits to the region by Prime Minister Stephen Harper, Foreign Minister John Baird and Minister of International Trade Ed Fast all emphasize the importance being given by Canada to developing relations and trade across the Pacific.
 - urlcanada-2015
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 - pdf_pathFORBES-CANADA 2015-0724-hr.pdf
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 - contentAmid the backdrop of the on-going Trans-Pacific Partnership negotiations, Canada has taken significant steps towards strengthening its relations with its Asian counterparts. Recent visits to the region by Prime Minister Stephen Harper, Foreign Minister John Baird and Minister of International Trade Ed Fast all emphasize the importance being given by Canada to developing relations and trade across the Pacific.
 - publication_date2015-07-09
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 - titleRepublic of Korea 2015
 - descriptionWith its long running and deeply rooted military and security ties with the United States, the Republic of Korea's foreign minister has highlighted the need for the two countries to expand their cooperation in trade and economics.
 - urlkorea-2015
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 - pdf_pathFA-SO KOR 2015-sm.pdf
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 - publication_date2015-03-01
 - creation_date2014-10-08
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 - digital_linkhttps://www.foreignaffairs.com/country-focus/south-korea-toward-comprehensive-global-alliance
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 - titleSingapore 2015
 - descriptionOn August 9, 2015, Singapore celebrates its fiftieth birthday. This date marks an important achievement for Singapore, given its abrupt expulsion from the Federation of Malaysia. Today, Singapore is a city-state and nation-state, the only one of its kind in the world.
 - urlsingapore-2015
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 - publication_date2015-01-01
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 - digital_linkhttps://www.foreignaffairs.com/country-focus/singapore-unique-and-steady-partnership
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 - id24
 - titleU.S. Midwest 2014
 - descriptionThe U.S. Midwest has maintained its status and increased prosperity because of the efforts of state governments and companies over many decades to build closer relationships with and lure investment from the world’s third-largest economy, Japan.
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 - publication_date2014-12-29
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 - source_custom_urlwww.japatimes.co.jp
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 - titleTaiwan 2014
 - descriptionOccupying a total area of only 36,000 square kilometers and with a population of 23.4 million, Taiwan wields more influence on the global economy than countries around the world with more natural resources and manpower.
 - urltaiwan-2014
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 - tagsTaipei, Taipei 101, Philippe Le Saux, Elizabeth Arcega
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 - pdf_pathFA-TAIWAN 2014.pdf
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 - contentThe upcoming report, due to be published in the November/December 2014 edition of <a href="http://www.foreignaffairs.com" target="_blank">Foreign Affairs</a>, will highlight opportunities in Taiwan for overseas collaboration, investment and trade. Philippe Le Saux and Elizabeth Arcega update from the field. June 20: The team hit the ground running as Week 1 in Taiwan unfolded. All but one of our initial meetings were with foreigners who have chosen to do work and do business in Taiwan. These discussions gave us an interesting preview of what we can expect to hear throughout this stay: Passion and enthusiasm from foreign executives who have discovered the merits of being in this country. This positivity was echoed by the first Taiwanese individuals that we met, the leadership of the <a href="http://www.taipei-101.com.tw/en/index.aspx" target="_blank">Taipei Financial Center Corporation</a>, which is responsible for Taiwan’s most iconic structure: The Taipei 101 Tower. The warmth of our welcome, paired with the rhetoric of excitement and openness conveyed by the Taiwanese, shows the tremendous potential of the 2014 Taiwan Report. - PLS
 - publication_date2014-11-01
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 - digital_linkhttps://www.foreignaffairs.com/country-focus/island-innovation
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 - titleNorthern California 2014
 - descriptionServing as an initial pillar of that relationship, agriculture still plays a major role in the relationship between California and Japan. In fact, the Asian country imports more agricultural products from the United States than from any other country. In 2012, exports of agricultural products to Japan reached $7 billion.
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 - publication_date2014-07-29
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 - titleSan Diego 2014
 - descriptionSan Diego, one of the most recognized counties in California, is located at the state’s southernmost point and has long been among the most popular destinations not only within California but within the entire country. According to the San Diego Tourism Authority, the county welcomes more than 33 million visitors every year, all of whom spend nearly $8.4 billion. The significant contribution of the tourism industry extends beyond county borders as it generates more than $388 million dollars annually in state and local taxes.
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 - tagsJapan Times, San Diego, USA, Japan, Philippe Le Saux, Conrad Becker,
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 - titleEast Coast 2014
 - descriptionTo mark 160 years of diplomatic relations with Japan, U.S. President Barack Obama met with Prime Minister Shinzo Abe in April this year as part of a four-nation Asian tour, wherein regional security and increased trade cooperation dominated the agenda. The state visit — the first by an American president in nearly 20 years — started with Obama’s unequivocal commitment on mutual defense cooperation between the two longtime allies.
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 - contentThe East Coast 2014 Report highlights dynamism at the US connection line to Asia. Lorem ipsum dolor sit amet en pluribum dosilii. This is the Content entry field.
 - publication_date2014-06-30
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 - titleLos Angeles 2014
 - descriptionAs the United States and Japan commemorated the 160th anniversary of the signing of the Treaty of Peace and Amity in 2014, both countries looked back at how their economies have grown increasingly integrated over the years and have prospered to account for one-third of the world’s output.
 - urllos-angeles-2014
 - placeLos Angeles
 - tagsLos Angeles, City, Lakers, Japan, Investment
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 - titleColombia 2013
 - descriptionEntering their 105th anniversary, relations between Colombia and Japan have assumed a higher profile over the last few years with high-level trips by officials from both countries, including a state visit to Tokyo by Colombian President Juan Manuel Santos in September 2011.
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 - contentEntering their 105th anniversary, relations between Colombia and Japan have assumed a higher profile over the last few years with high-level trips by officials from both countries, including a state visit to Tokyo by Colombian President Juan Manuel Santos in September 2011.
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 - titleSarawak 2013
 - descriptionDuring a six-month-long celebration of Malaysia’s 50th anniversary of independence from Britain, Sarawak Chief Minister Tan Sri Abdul Taib Mahmud has highlighted the resource-rich state’s economic achievements and outlined the government’s program to ensure continued growth.
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 - contentDuring a six-month-long celebration of Malaysia’s 50th anniversary of independence from Britain, Sarawak Chief Minister Tan Sri Abdul Taib Mahmud has highlighted the resource-rich state’s economic achievements and outlined the government’s program to ensure continued growth.
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 - titleQatar 2013
 - descriptionCurrently the richest country in the Arab world, Qatar is the largest supplier of liquefied natural gas and has the third-largest supply in natural gas reserves, which are projected to last for more than fifty years. But Qatar is also rich in ambition as it embarks on creating a future founded on a limitless resource — knowledge and innovation.
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 - contentCurrently the richest country in the Arab world, Qatar is the largest supplier of liquefied natural gas and has the third-largest supply in natural gas reserves, which are projected to last for more than fifty years. But Qatar is also rich in ambition as it embarks on creating a future founded on a limitless resource — knowledge and innovation. Overseen by His Highness the Emir, Sheikh Hamad bin Khalifa Al-Thani, the country has developed the Qatar National Vision (QNV) 2030, which outlines various projects to build a knowledge and talent-based economy within seventeen years. The Qatar Science & Technology Park (QSTP), the first of its kind, began operations five years ago as an initiative of Her Highness Sheikha Mozah bint Nasser to stimulate innovative industries.
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 - titlePanama 2013
 - descriptionSince the introduction of an economic liberalization program and the privatization of state assets in the mid-1990s, Panama has experienced steep growth in its gross domestic product that many nations in any part of the world will surely find enviable. Over the past 20 years, Panama has laid out the groundwork to become the region’s foremost center in logistics and financial services — a sensible next step in the economy’s development given its position as one of the world’s most important conduits of maritime trade. One of the fastest–growing economies in the Americas, Panama has achieved average GDP growth of 8 percent over the past decade, with the annual figure surpassing 10 percent in some years.
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 - descriptionThe geographical size of the Netherlands, less than forty-two thousand square meters, belies its huge commanding position in global trade. To facilitate the movement of goods valued at trillions of dollars, the Netherlands has constantly expanded the Port of Rotterdam, the largest in Europe, as well as Schiphol Airport in Amsterdam, the world’s fourth-busiest in passenger traffic. “If you are looking for a foothold in continental Europe where business culture is similar to that in the United States, and for a global hub for the United States with excellent logistics possibilities for the rest of Europe and the world, then the Netherlands is the place to be,” said Foreign Minister Frans Timmermans.
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 - contentThe geographical size of the Netherlands, less than forty-two thousand square meters, belies its huge commanding position in global trade. To facilitate the movement of goods valued at trillions of dollars, the Netherlands has constantly expanded the Port of Rotterdam, the largest in Europe, as well as Schiphol Airport in Amsterdam, the world’s fourth-busiest in passenger traffic. “If you are looking for a foothold in continental Europe where business culture is similar to that in the United States, and for a global hub for the United States with excellent logistics possibilities for the rest of Europe and the world, then the Netherlands is the place to be,” said Foreign Minister Frans Timmermans.
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 - titleMalaysia 2013
 - descriptionSince it gained independence in 1957, Malaysia has undergone a remarkable transition from an agricultural economy to a dynamic manufacturing and services-driven economy, a feat that has consolidated its reputation as one of Southeast Asia’s economic powerhouses. With more than 28 million people, Malaysia’s success is a result of hard work, wisdom, and as resilience of our leadership and our multi-ethnic, multi-religious people.
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 - contentSince it gained independence in 1957, Malaysia has undergone a remarkable transition from an agricultural economy to a dynamic manufacturing and services-driven economy, a feat that has consolidated its reputation as one of Southeast Asia’s economic powerhouses. With more than 28 million people, Malaysia’s success is a result of hard work, wisdom, and as resilience of our leadership and our multi-ethnic, multi-religious people.
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 - titleJapan 2013
 - descriptionJapan alone has wrestled over the years with the bane of deflation. Deflation robs people of their expectations, turning optimists into pessimists. As I again stand at Japan’s helm, I am driven by a sense of urgency to remedy this scourge of deflation immediately. One way forward will be to take advantage of our resources, which, while incredibly rich, are still largely untapped. One long-neglected resource is our human resources, particularly women and middle-aged and elderly workers.
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 - titleShanghai 2012
 - descriptionUsually when one thinks of educational exchanges between the United States and China, the image is of ambitious Chinese engineering and business students heading westward. But with a global awareness of China’s growing role in world, more American students than ever are heading east to better understand the country’s unique culture, language, and business environment. China is now the fifth-largest destination for American students, with more than 14,000 studying abroad in China in 2010, a large jump from 3,000 students a decade ago.
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 - contentUsually when one thinks of educational exchanges between the United States and China, the image is of ambitious Chinese engineering and business students heading westward. But with a global awareness of China’s growing role in world, more American students than ever are heading east to better understand the country’s unique culture, language, and business environment.
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 - titleAustralia 2012
 - descriptionRecent economic history looks different from the perspective of Australia. Unlike other developed countries, Australia emerged unscathed from the global financial crisis that struck in 2008, and the economy did not fall into recession. An open investment climate, flexible markets, a diverse economy, and effective regulatory systems — these characteristics of our economy served us well. As other economies fell back, Australia was able to stimulate the economy without taking on dangerous levels of national debt.
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 - titleTaiwan 2011
 - descriptionFor a country that occupies just over 13,000 square kilometers, Taiwan’s geographical size belies its economic clout and political importance in Asia and the rest of the world. Together with Singapore, South Korea and Hong Kong, Taiwan was among the so-called Asian Tigers that impressed the world with their rapid industrialization in less than a generation following the devastation of the Second World War.
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 - contentFor a country that occupies just over 13,000 square kilometers, Taiwan’s geographical size belies its economic clout and political importance in Asia and the rest of the world. Together with Singapore, South Korea and Hong Kong, Taiwan was among the so-called Asian Tigers that impressed the world with their rapid industrialization in less than a generation following the devastation of the Second World War.
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 - descriptionIn the mid-1950s, in the middle of the Cold War, an Indonesian government crumbled in the wake of a vote of no confidence in parliament after it pursued a security agreement with the United States. In 2010, nearly a decade after 9/11, Indonesian President Susilo Bambang Yudhoyono and U.S. President Barack Obama signed the historic Comprehensive Partnership. And during a visit that year, President Obama’s televised speech at Universitas Indonesia was arguably the most anticipated address by a visiting foreign leader in our history.
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 - descriptionIn this second decade of the 21st century, economic and societal globalization has continued its unfettered acceleration. Amid this milieu, Prime Minister Naoto Kan unveiled his government’s new program, Heisei no Kaikoku (sometimes translated as “The Heisei Era’s Second Opening”), which features several innovative solutions to various issues, unprecedented changes, and new values faced by the world community.
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 - contentIn this second decade of the 21st century, economic and societal globalization has continued its unfettered acceleration. Amid this milieu, Prime Minister Naoto Kan unveiled his government’s new program, Heisei no Kaikoku (sometimes translated as “The Heisei Era’s Second Opening”), which features several innovative solutions to various issues, unprecedented changes, and new values faced by the world community.
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 - descriptionThe People Power Revolution of February 1986 broke the political evolutionary logjam that followed the proclamation of martial law by Ferdinand Marcos on September 21, 1972. That was how the late Corazon C. Aquino viewed her role in the restoration of democracy after the assassination of her husband, Benigno S. Aquino Jr. on August 21, 1983 and it is what brought her to the fore, when her successors attempted to revise the constitution and eradicate all provisions on term limits.
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 - contentThe Indonesia Report 2010 was one of the first.
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 description_oldThanks to Texas' proximity to the emerging markets of Central and South America, several major Japanese companies with significant investments in Latin America have set up operations in the state. Japanese companies also regard Texas as a manufacturing and research hub because of its highly skilled workforce and a healthy appetite for risk taking among Texans. Javier Mazon, a Texas-based consultant and former Texas Instruments executive for Latin America, talks about why investing in Latin America makes sense for Japanese companies.
 descriptionThanks to Texas' proximity to the emerging markets of Central and South America, several major Japanese companies with significant investments in Latin America have set up operations in the state. Japanese companies also regard Texas as a manufacturing and research hub because of its highly skilled workforce and a healthy appetite for risk taking among Texans. Javier Mazon, a Texas-based consultant and former Texas Instruments executive for Latin America, talks about why investing in Latin America makes sense for Japanese companies.
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 content_oldAs an overall market, Latin America is usually broken down into four major regions: Mexico, South America, Central America, and the Caribbean. Collectively, Latin America continues to provide huge business opportunities for Japan, whose exports to the region are valued at more than $28.7 billion every year. For Japanese companies, high market growth opportunities are still emerging in several industrial sectors across Latin America with an aggregate market of more than 630 million consumers. This year, GDP growth for the region is predicted to surge to 2.2% from 1.3% in 2017. And with emerging markets still driving global economic growth, Latin America is expected provide among the best performers. This year, GDP growth in the region is predicted to grow at its fastest pace since 2013, when regional GDP growth reached 2.9 %. The individual country projections for 2018 are: Chile (2.8%), Brazil (2.0%), Peru (2.9%), Colombia (2.6%), and Mexico (2.4%). <figure class="image-container floated-right" style="float: right;"><img src="http://gmipost.com/img/uploads/Texas%202018/Javier-Mazon-.jpg" alt="" width="288" height="432" /><figcaption class="image-caption">Group Lamerica President and General Manager Javier A. Manzon </figcaption></figure> The factors favoring investment in Latin America include growing economic stability; a young and educated workforce; an expanding middle class; more democratic political institutions; more open trade conditions; increasing international investments and established active operations. Japanese companies have a history in the region. From the 1960s, trade between Japan and Latin America has experienced substantial growth, driven by demand for natural resources and the competitive labor costs in manufacturing. By 2015, Japanese investment had expanded into the services sectors. Relations between Latin America and Asia, particularly Japan, encompass trade and foreign direct investment in a range of industries that benefit both sides and bely a wide-held notion that trade and integration are only about commodities-for-manufacturing. The most recent effort to further open trade opportunities is the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), a revival of the abandoned Trans-Pacific Partnership. The CPTPP is a trade agreement agreed to in principle in January 2018 between Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore and Vietnam and signed in March 2018 in Santiago, Chile. This new agreement, coupled with continuing successes from on-going arrangements, will focus on the role of companies and governments in seeking new areas of mutually beneficial trade and investment and encouraging a broader distribution of developmental gains. The outlook for opportunities is very positive and well worth consideration by Japanese businesses looking for strategic expansion into Latin America. (Ed. Note: <a href="mailto:jmazon@grouplamerica.com" target="_blank">Javier A. Mazon</a> is president and general manager of <a href="http://www.grouplamerica.com/" target="_blank">Group Lamerica,</a> an American business consultancy and operational services company)
 contentAs an overall market, Latin America is usually broken down into four major regions: Mexico, South America, Central America, and the Caribbean. Collectively, Latin America continues to provide huge business opportunities for Japan, whose exports to the region are valued at more than $28.7 billion every year. For Japanese companies, high market growth opportunities are still emerging in several industrial sectors across Latin America with an aggregate market of more than 630 million consumers. This year, GDP growth for the region is predicted to surge to 2.2% from 1.3% in 2017. And with emerging markets still driving global economic growth, Latin America is expected provide among the best performers. This year, GDP growth in the region is predicted to grow at its fastest pace since 2013, when regional GDP growth reached 2.9 %. The individual country projections for 2018 are: Chile (2.8%), Brazil (2.0%), Peru (2.9%), Colombia (2.6%), and Mexico (2.4%). <figure class="image-container floated-right" style="float: right;"><img src="http://gmipost.com/img/uploads/Texas%202018/Javier-Mazon-.jpg" alt="" width="288" height="432" /><figcaption class="image-caption">Group Lamerica President and General Manager Javier A. Manzon </figcaption></figure> The factors favoring investment in Latin America include growing economic stability; a young and educated workforce; an expanding middle class; more democratic political institutions; more open trade conditions; increasing international investments and established active operations. Japanese companies have a history in the region. From the 1960s, trade between Japan and Latin America has experienced substantial growth, driven by demand for natural resources and the competitive labor costs in manufacturing. By 2015, Japanese investment had expanded into the services sectors. Relations between Latin America and Asia, particularly Japan, encompass trade and foreign direct investment in a range of industries that benefit both sides and bely a wide-held notion that trade and integration are only about commodities-for-manufacturing. The most recent effort to further open trade opportunities is the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), a revival of the abandoned Trans-Pacific Partnership. The CPTPP is a trade agreement agreed to in principle in January 2018 between Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore and Vietnam and signed in March 2018 in Santiago, Chile. This new agreement, coupled with continuing successes from on-going arrangements, will focus on the role of companies and governments in seeking new areas of mutually beneficial trade and investment and encouraging a broader distribution of developmental gains. The outlook for opportunities is very positive and well worth consideration by Japanese businesses looking for strategic expansion into Latin America. (Ed. Note: <a href="mailto:jmazon@grouplamerica.com" target="_blank">Javier A. Mazon</a> is president and general manager of <a href="http://www.grouplamerica.com/" target="_blank">Group Lamerica,</a> an American business consultancy and operational services company)
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 titleThe Evolving Military Balance in the Taiwan Strait
 description_oldPanelists discuss the risk of an armed conflict between the United States and China over Taiwan and how the United States should adapt its defense strategy to meet the China challenge.
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 description_oldPanelists discuss democratic backsliding, the rights of marginalized populations living under authoritarian regimes, and the prospects for and obstacles against democratic movements around the world. The CFR Young Professionals Briefing Series provides an opportunity for those early in their careers to engage with CFR. The briefings feature remarks by experts on critical global issues and lessons learned in their careers. These events are intended for individuals who have completed their undergraduate studies and have not yet reached the age of thirty to be eligible for CFR term membership. Please note only U.S. citizens are eligible for CFR membership.
 descriptionPanelists discuss democratic backsliding, the rights of marginalized populations living under authoritarian regimes, and the prospects for and obstacles against democratic movements around the world. The CFR Young Professionals Briefing Series provides an opportunity for those early in their careers to engage with CFR. The briefings feature remarks by experts on critical global issues and lessons learned in their careers. These events are intended for individuals who have completed their undergraduate studies and have not yet reached the age of thirty to be eligible for CFR term membership. Please note only U.S. citizens are eligible for CFR membership.
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 titleCasino slot manufacturer attributes success to hard work, vision, and dedication to core values
 description_oldJapanese gaming giant Konami has invested heavily in Las Vegas, setting up a huge head office in the city from where it develops and markets industry-changing products for millions of enthusiasts around the world.
 descriptionJapanese gaming giant Konami has invested heavily in Las Vegas, setting up a huge head office in the city from where it develops and markets industry-changing products for millions of enthusiasts around the world.
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 content_oldFor the past 20 years, the highly regulated casino industry has made a dramatic shift from a limited number of select destinations — Las Vegas representing the most famous — to a global industry powerhouse that provides casino entertainment to more customers than at any time in its history. Gaming entertainment and technology, once restricted to a few select places, have over time arrived in countless international markets, U.S. tribal areas, racetracks, riverboat operations, large corporate portfolios and even online mediums. As the era of extreme global growth was beginning, gaming entertainment giant <a href="https://www.konami.com/en/" target="_blank">Konami Holdings Corp. (TSE: 9766)</a> established its first casino gaming operation with the launch of <a href="http://www.konami.com.au/gm/product.html" target="_blank">Konami Australia Pty Ltd.</a> in 1996. <figure class="image-container floated-right" style="float: right;"><img src="http://gmipost.com/img/uploads/Southwest%20USA%202016/JT-2016-SW-USA-KONAMI-Satoshi-Sakamoto-CEO.jpg" alt="" width="290" height="400" /><figcaption class="image-caption">Konami Gaming, Inc. CEO and President Satoshi Sakamoto Credit: Konami</figcaption></figure> One year later, in 1997, Konami expanded its casino division to what became the global headquarters when Konami Gaming, Inc. was founded in Las Vegas. Since then, Konami’s casino gaming companies have demonstrated success under the leadership of <a href="https://www.gaming.konami.com/corporate/home/about/executiveteam.aspx" target="_blank">President and CEO Satoshi Sakamoto.</a> Entry into the heavily regulated casino gambling sector occurred for Konami only after it carried out extensive research and investment to realize its vision. “With each new market we examined, there was a great depth of strict regulatory requirements and licensing conditions unique to the individual jurisdiction’s authority. It was a monumental task to become a global supplier for a sector so strongly protected by legislative and governmental control. But today, Konami has secured gaming licenses in 392 locations worldwide, enabling us to responsibly reach the broadest scope of casino players and properties,” Sakamoto said. Konami exercised measured investment and committed to organic growth as its video slot machines and mechanical steppers saw sustained success in the field in part due to the company’s heritage in gaming entertainment. Creative gameplay, captivating sounds and graphics and proven slot mathematics were the core elements of Konami’s earliest casino games. These same components still contribute to the success of Konami games found at casinos today, such as the all new <a href="https://www.gaming.konami.com/corporate/Home/Details/TabId/473/ArtMID/1617/ArticleID/161/Konami-Debuts-its-New-Concerto-Video-Slot-Machine.aspx" target="_blank">Concerto slot machine</a>, <a href="https://www.konami.com/gaming/Games/GamesCatalog.aspx?k1=55&k2=2&K3=0%7C1&K4=0%7C1" target="_blank">the Rapid Revolver video-mechanical hybrid slot</a> and the revolutionary <a href="https://www.gaming.konami.com/systems/News/TabId/129/ArtMID/1306/ArticleID/83/Konami-Gaming-Inc-Unveils-Intriguing-New-Titan-360%E2%84%A2-Product-at-Harrahs-Resort-Atlantic-City-by-Leveraging-New-Jersey-First-Initiative.aspx" target="_blank">Titan 360 multistation machine.</a> <blockquote> "As we pursue emerging game development, our organization maintains a focus on creating what we call ‘valuable time’ – that players not simply spend a length of time with our games, but that they experience a premium level of entertainment and delight that goes beyond the minutes on the clock." </blockquote> Just five years after the company’s casino division was created, Konami entered the casino management systems business by acquiring Paradigm Gaming Systems, Inc. and developing industry-leading systems technology. Crucial operational functions such as slot and table accounting systems, player account tracking, and marketing analytics form the reliable backbone for Konami’s award-winning casino management system, <a href="https://www.gaming.konami.com/systems/Home.aspx" target="_blank">SYNKROS,</a> which is being used to manage successful casino operations around the world. Operator partners, including <a href="http://www.starentertainmentgroup.com.au/#home" target="_blank">Star Entertainment</a>, <a href="http://www.casinosduquebec.com/" target="_blank">Casinos du Quebec</a>, New Mexico-based <a href="http://www.sandiacasino.com/" target="_blank">Sandia Resort & Casino</a> and <a href="https://www.barona.com/" target="_blank">Barona Resort & Casino</a> in southern California, are among those key companies relying on the strength and advantage of SYNKROS to compete in their markets. The period from 2014 to 2015 marked unparalleled merger and acquisition activity for the casino gaming manufacturer market. Many of the top ten slot suppliers were involved in some form of ownership change. Konami stands in marked contrast, relying on the steady organic growth characteristic of its culture. In terms of annual market share, Konami consistently maintains its top tier position. <figure class="image-container floated-right" style="float: right;"><img src="http://gmipost.com/img/uploads/Southwest%20USA%202016/JT-2016-SW-USA-KONAMI-Head-Office.jpg" alt="" width="603" height="255" /><figcaption class="image-caption">Konami Gaming, Inc.’s Las Vegas headquarters, spanning 360,000+ square feet of R&D, administrative, and manufacturing facilities. Credit: Konami</figcaption></figure> Tens of thousands of Konami machines are currently operating across the globe largely because of the success of the <a href="https://www.gaming.konami.com/systems/News/TabId/129/ArtMID/1306/ArticleID/127/Konami%E2%80%99s-Podium-Goliath-Video-Slot-Creates-a-Big-Impact-for-European-Casinos-.aspx" target="_blank">Podium slot cabinet</a> and the global expansion of its new <a href="https://www.gaming.konami.com/corporate/Home/Details/TabId/473/ArtMID/1617/ArticleID/161/Konami-Debuts-its-New-Concerto-Video-Slot-Machine.aspx" target="_blank">Concerto slot cabinet.</a> “Our central locations in Las Vegas, Sydney and Japan have empowered us to support the worldwide casino market with our primary objective being the delivery of long-term product quality and service. Those enduring values are a primary contributor to the success of our company as a leading gaming equipment and technology supplier,” said Sakamoto. Amid historic regulatory changes in the passage of skill-based gambling legislation in limited areas of the U.S., Konami has expressed its intent to pioneer this new gambling product sector. In the past, Konami Holdings Corp. assisted in strategic projects for its casino division, including the development of the Titan 360 machine, creation of the Advantage Revolution slot, and the introduction of iconic Konami arcade brands such as Frogger to casino audiences for the first time. This relationship becomes very critical as casino operators look to attract new segments of millennial consumers with alternatives to traditional slot products. “As we pursue emerging game development, our organization maintains a focus on creating what we call ‘valuable time’ – that players not simply spend a length of time with our games, but that they experience a premium level of entertainment and delight that goes beyond the minutes on the clock,” said Sakamoto. “Working alongside our customers and parent organization, Konami Holdings Corp., we are well-positioned to simultaneously deliver world-class products in emerging gaming sectors, while continuing to innovate across our library of proven core products,” he added. 
 contentFor the past 20 years, the highly regulated casino industry has made a dramatic shift from a limited number of select destinations — Las Vegas representing the most famous — to a global industry powerhouse that provides casino entertainment to more customers than at any time in its history. Gaming entertainment and technology, once restricted to a few select places, have over time arrived in countless international markets, U.S. tribal areas, racetracks, riverboat operations, large corporate portfolios and even online mediums. As the era of extreme global growth was beginning, gaming entertainment giant <a href="https://www.konami.com/en/" target="_blank">Konami Holdings Corp. (TSE: 9766)</a> established its first casino gaming operation with the launch of <a href="http://www.konami.com.au/gm/product.html" target="_blank">Konami Australia Pty Ltd.</a> in 1996. <figure class="image-container floated-right" style="float: right;"><img src="http://gmipost.com/img/uploads/Southwest%20USA%202016/JT-2016-SW-USA-KONAMI-Satoshi-Sakamoto-CEO.jpg" alt="" width="290" height="400" /><figcaption class="image-caption">Konami Gaming, Inc. CEO and President Satoshi Sakamoto Credit: Konami</figcaption></figure> One year later, in 1997, Konami expanded its casino division to what became the global headquarters when Konami Gaming, Inc. was founded in Las Vegas. Since then, Konami’s casino gaming companies have demonstrated success under the leadership of <a href="https://www.gaming.konami.com/corporate/home/about/executiveteam.aspx" target="_blank">President and CEO Satoshi Sakamoto.</a> Entry into the heavily regulated casino gambling sector occurred for Konami only after it carried out extensive research and investment to realize its vision. “With each new market we examined, there was a great depth of strict regulatory requirements and licensing conditions unique to the individual jurisdiction’s authority. It was a monumental task to become a global supplier for a sector so strongly protected by legislative and governmental control. But today, Konami has secured gaming licenses in 392 locations worldwide, enabling us to responsibly reach the broadest scope of casino players and properties,” Sakamoto said. Konami exercised measured investment and committed to organic growth as its video slot machines and mechanical steppers saw sustained success in the field in part due to the company’s heritage in gaming entertainment. Creative gameplay, captivating sounds and graphics and proven slot mathematics were the core elements of Konami’s earliest casino games. These same components still contribute to the success of Konami games found at casinos today, such as the all new <a href="https://www.gaming.konami.com/corporate/Home/Details/TabId/473/ArtMID/1617/ArticleID/161/Konami-Debuts-its-New-Concerto-Video-Slot-Machine.aspx" target="_blank">Concerto slot machine</a>, <a href="https://www.konami.com/gaming/Games/GamesCatalog.aspx?k1=55&k2=2&K3=0%7C1&K4=0%7C1" target="_blank">the Rapid Revolver video-mechanical hybrid slot</a> and the revolutionary <a href="https://www.gaming.konami.com/systems/News/TabId/129/ArtMID/1306/ArticleID/83/Konami-Gaming-Inc-Unveils-Intriguing-New-Titan-360%E2%84%A2-Product-at-Harrahs-Resort-Atlantic-City-by-Leveraging-New-Jersey-First-Initiative.aspx" target="_blank">Titan 360 multistation machine.</a> <blockquote> "As we pursue emerging game development, our organization maintains a focus on creating what we call ‘valuable time’ – that players not simply spend a length of time with our games, but that they experience a premium level of entertainment and delight that goes beyond the minutes on the clock." </blockquote> Just five years after the company’s casino division was created, Konami entered the casino management systems business by acquiring Paradigm Gaming Systems, Inc. and developing industry-leading systems technology. Crucial operational functions such as slot and table accounting systems, player account tracking, and marketing analytics form the reliable backbone for Konami’s award-winning casino management system, <a href="https://www.gaming.konami.com/systems/Home.aspx" target="_blank">SYNKROS,</a> which is being used to manage successful casino operations around the world. Operator partners, including <a href="http://www.starentertainmentgroup.com.au/#home" target="_blank">Star Entertainment</a>, <a href="http://www.casinosduquebec.com/" target="_blank">Casinos du Quebec</a>, New Mexico-based <a href="http://www.sandiacasino.com/" target="_blank">Sandia Resort & Casino</a> and <a href="https://www.barona.com/" target="_blank">Barona Resort & Casino</a> in southern California, are among those key companies relying on the strength and advantage of SYNKROS to compete in their markets. The period from 2014 to 2015 marked unparalleled merger and acquisition activity for the casino gaming manufacturer market. Many of the top ten slot suppliers were involved in some form of ownership change. Konami stands in marked contrast, relying on the steady organic growth characteristic of its culture. In terms of annual market share, Konami consistently maintains its top tier position. <figure class="image-container floated-right" style="float: right;"><img src="http://gmipost.com/img/uploads/Southwest%20USA%202016/JT-2016-SW-USA-KONAMI-Head-Office.jpg" alt="" width="603" height="255" /><figcaption class="image-caption">Konami Gaming, Inc.’s Las Vegas headquarters, spanning 360,000+ square feet of R&D, administrative, and manufacturing facilities. Credit: Konami</figcaption></figure> Tens of thousands of Konami machines are currently operating across the globe largely because of the success of the <a href="https://www.gaming.konami.com/systems/News/TabId/129/ArtMID/1306/ArticleID/127/Konami%E2%80%99s-Podium-Goliath-Video-Slot-Creates-a-Big-Impact-for-European-Casinos-.aspx" target="_blank">Podium slot cabinet</a> and the global expansion of its new <a href="https://www.gaming.konami.com/corporate/Home/Details/TabId/473/ArtMID/1617/ArticleID/161/Konami-Debuts-its-New-Concerto-Video-Slot-Machine.aspx" target="_blank">Concerto slot cabinet.</a> “Our central locations in Las Vegas, Sydney and Japan have empowered us to support the worldwide casino market with our primary objective being the delivery of long-term product quality and service. Those enduring values are a primary contributor to the success of our company as a leading gaming equipment and technology supplier,” said Sakamoto. Amid historic regulatory changes in the passage of skill-based gambling legislation in limited areas of the U.S., Konami has expressed its intent to pioneer this new gambling product sector. In the past, Konami Holdings Corp. assisted in strategic projects for its casino division, including the development of the Titan 360 machine, creation of the Advantage Revolution slot, and the introduction of iconic Konami arcade brands such as Frogger to casino audiences for the first time. This relationship becomes very critical as casino operators look to attract new segments of millennial consumers with alternatives to traditional slot products. “As we pursue emerging game development, our organization maintains a focus on creating what we call ‘valuable time’ – that players not simply spend a length of time with our games, but that they experience a premium level of entertainment and delight that goes beyond the minutes on the clock,” said Sakamoto. “Working alongside our customers and parent organization, Konami Holdings Corp., we are well-positioned to simultaneously deliver world-class products in emerging gaming sectors, while continuing to innovate across our library of proven core products,” he added. 
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 descriptionIn recent years, the U.S. states of Colorado, Utah, Arizona and Nevada have reported among the fastest-growing economies in the country. With the imminent implementation of the Trans Pacific Partnership – a sweeping trade agreement that brings together the United States and 12 other Pacific Rim countries, including Japan – the world’s largest and third-largest economies are gearing up for a new era in global trade.
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 description_oldA relative newcomer to the industry, Singapore's XMI has steadily built a loyal base of fans of its wireless speakers around the world because of a commitment to constant innovation and uncompromising quality.
 descriptionA relative newcomer to the industry, Singapore's XMI has steadily built a loyal base of fans of its wireless speakers around the world because of a commitment to constant innovation and uncompromising quality.
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 content_oldJust over 10 years old, <a href="http://x-mini.com/">XMI</a> has steadily built a reputation for producing innovative professional wireless speakers and other portable audio equipment. Having overcome issues with counterfeiting and backed by a growing base of loyal fans in more than 80 countries around the world, the Singapore-based company is very confident in its plan to expand further in large markets, like the United States and China. <figure class="image-container floated-right" style="float: right;"><img src="http://gmipost.com/img/uploads/Singapore%202017/X-Mini-Amplifest-Range-of-Wireless-Speakers-1.jpg" alt="" width="334" height="144" /><figcaption class="image-caption">The X-mini range of wireless speakers</figcaption></figure> <a href="http://x-mini.com/products/" target="_blank">Being a maker of niche products</a>, XMI recognizes that its future growth requires a commitment to keep innovating and a different set of engineering expertise that entails numerous rounds of testing different processes, materials and components. “We don’t just produce good sound from small audio speakers, but we seek to produce the most energy efficient speakers on earth,” Founder and CEO Ryan Lee said. In line with its commitment to make excellent sound synonymous with consumer driven innovation, XMI plans to expand into the United States and build a brand that will closely compete against more established names. To achieve this, XMI will form a team of technical support staff, engineers and brand ambassadors to lead its marketing campaigns. With its strength in engineering and innovation, the company plans to tailor its products to the preferences of U.S. consumers, making them relevant and attractive to a large and diverse market. XMI is also looking at China and Latin America to sell its portable audio speakers. With its well-known capabilities, XMI will also capitalize on the Singapore brand, which means quality and reliability to many consumers around the world. “Being a Singaporean company is a huge advantage. As a country, we are a good brand and we are in the hardware area of the world, I’m sure we’re going to succeed,” Lee said.
 contentJust over 10 years old, <a href="http://x-mini.com/">XMI</a> has steadily built a reputation for producing innovative professional wireless speakers and other portable audio equipment. Having overcome issues with counterfeiting and backed by a growing base of loyal fans in more than 80 countries around the world, the Singapore-based company is very confident in its plan to expand further in large markets, like the United States and China. <figure class="image-container floated-right" style="float: right;"><img src="http://gmipost.com/img/uploads/Singapore%202017/X-Mini-Amplifest-Range-of-Wireless-Speakers-1.jpg" alt="" width="334" height="144" /><figcaption class="image-caption">The X-mini range of wireless speakers</figcaption></figure> <a href="http://x-mini.com/products/" target="_blank">Being a maker of niche products</a>, XMI recognizes that its future growth requires a commitment to keep innovating and a different set of engineering expertise that entails numerous rounds of testing different processes, materials and components. “We don’t just produce good sound from small audio speakers, but we seek to produce the most energy efficient speakers on earth,” Founder and CEO Ryan Lee said. In line with its commitment to make excellent sound synonymous with consumer driven innovation, XMI plans to expand into the United States and build a brand that will closely compete against more established names. To achieve this, XMI will form a team of technical support staff, engineers and brand ambassadors to lead its marketing campaigns. With its strength in engineering and innovation, the company plans to tailor its products to the preferences of U.S. consumers, making them relevant and attractive to a large and diverse market. XMI is also looking at China and Latin America to sell its portable audio speakers. With its well-known capabilities, XMI will also capitalize on the Singapore brand, which means quality and reliability to many consumers around the world. “Being a Singaporean company is a huge advantage. As a country, we are a good brand and we are in the hardware area of the world, I’m sure we’re going to succeed,” Lee said.
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 titleCEO Focus: Angelo Eco wants to build sustainable societies locally and abroad
 description_oldA Japanese company believes that small pockets of change are more effective in addressing the world's biggest challenges. His ambitious vision involved exporting fuel-saving technology around the world.
 descriptionA Japanese company believes that small pockets of change are more effective in addressing the world's biggest challenges. His ambitious vision involved exporting fuel-saving technology around the world.
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 content_oldFounded in 2008, <a href="http://www.angelo-eco.com/">Angelo Eco</a> was created to find effective ways to combat global warming. The GMIPost team sat down with Company President Mamoru Uchida to understand more about Angelo Eco’s activities, expectations and priorities in the future. GMI: What are you expectations for 2017 and your plans to expand the business in the coming years? <figure class="image-container floated-right" style="float: right;"><img src="http://gmipost.com/img/uploads/Japan%202017-Pt%202/Angelo-Eco-sm.jpg" alt="" width="358" height="500" /><figcaption class="image-caption">Angelo Eco President Mamoru Uchida</figcaption></figure> Uchida: We have domestic and international plans for expansion. We plan to set up branches in 10 other countries, starting with Mongolia. For our domestic reach, we will build small-scale plants in the countryside and different smaller towns because this will also help local livelihood. Our ultimate goal is to build a sustainable society that can completely control global warming and climate change. I believe that spreading out these small-scale plants will achieve that. GMI: Why do you favor small-scale plants over large-scale ones? Uchida: Apart from lower risk factors, I believe small-scale plants are economically more feasible, more profitable, easier to construct and demand less fuel supplies. And because we plan to build these on the countryside, small-scale plants are better suited and will more effectively allow communities to profit. GMI: In which areas of your business do you want to see increased collaboration with the international community? And what potential do you see for players in the same industry? Uchida: The worldwide community will benefit from such technologies, particularly developing countries. Energy is a necessity and most of these countries have limited supply. Angelo Eco will be able to solve their lack of energy, speed up community development, create new jobs and possibly new industries, and assist with issues of waste management and disposal. We need to educate the worldwide market of the efficacy, use and necessity of natural energy. At this age, renewable energy is the way to go. Through eco-friendly processes that communities around the world can adapt, we slowly make our way to sustainable societies. 
 contentFounded in 2008, <a href="http://www.angelo-eco.com/">Angelo Eco</a> was created to find effective ways to combat global warming. The GMIPost team sat down with Company President Mamoru Uchida to understand more about Angelo Eco’s activities, expectations and priorities in the future. GMI: What are you expectations for 2017 and your plans to expand the business in the coming years? <figure class="image-container floated-right" style="float: right;"><img src="http://gmipost.com/img/uploads/Japan%202017-Pt%202/Angelo-Eco-sm.jpg" alt="" width="358" height="500" /><figcaption class="image-caption">Angelo Eco President Mamoru Uchida</figcaption></figure> Uchida: We have domestic and international plans for expansion. We plan to set up branches in 10 other countries, starting with Mongolia. For our domestic reach, we will build small-scale plants in the countryside and different smaller towns because this will also help local livelihood. Our ultimate goal is to build a sustainable society that can completely control global warming and climate change. I believe that spreading out these small-scale plants will achieve that. GMI: Why do you favor small-scale plants over large-scale ones? Uchida: Apart from lower risk factors, I believe small-scale plants are economically more feasible, more profitable, easier to construct and demand less fuel supplies. And because we plan to build these on the countryside, small-scale plants are better suited and will more effectively allow communities to profit. GMI: In which areas of your business do you want to see increased collaboration with the international community? And what potential do you see for players in the same industry? Uchida: The worldwide community will benefit from such technologies, particularly developing countries. Energy is a necessity and most of these countries have limited supply. Angelo Eco will be able to solve their lack of energy, speed up community development, create new jobs and possibly new industries, and assist with issues of waste management and disposal. We need to educate the worldwide market of the efficacy, use and necessity of natural energy. At this age, renewable energy is the way to go. Through eco-friendly processes that communities around the world can adapt, we slowly make our way to sustainable societies. 
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 description_oldTracing its origins all the way to 1875, to companies founded by two giants of Japan's modernization, Hisashige Tanaka and Ichisuke Fujioka, Toshiba has continually consolidated its reputation as a pioneer in the technologies of the day. That spirit of innovation still drives the company in all that it does. The technology giant brought Japan its first radar, transistor television, and microwave oven; and the world its first laptop personal computer and NAND flash memory.
 descriptionTracing its origins all the way to 1875, to companies founded by two giants of Japan's modernization, Hisashige Tanaka and Ichisuke Fujioka, Toshiba has continually consolidated its reputation as a pioneer in the technologies of the day. That spirit of innovation still drives the company in all that it does. The technology giant brought Japan its first radar, transistor television, and microwave oven; and the world its first laptop personal computer and NAND flash memory.
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 content_oldTracing its origins all the way to 1875, to companies founded by two giants of Japan’s modernization, Hisashige Tanaka and Ichisuke Fujioka, <a href="http://www.toshiba.co.jp/worldwide/index.html" target="_blank">Toshiba</a> has continually consolidated its reputation as a pioneer in the technologies of the day. That spirit of innovation still drives the company in all that it does. The technology giant brought Japan its first radar, transistor television, and microwave oven; and the world its <a href="http://en.wikipedia.org/wiki/Toshiba_T1100" target="_blank">first laptop personal computer</a> and <a href="http://www.semicon.toshiba.co.jp/eng/product/memory/nand/" target="_blank">NAND flash memory</a>. <figure class="image-container floated-right" style="float: right;"><img src="http://gmipost.com/img/uploads/Japan%202013/TOSHIBA-CEO.jpg" alt="" width="358" height="500" /><figcaption class="image-caption">Hisao Tanaka, President and CEO of Toshiba</figcaption></figure> Today, Toshiba has grown into a global organization with more than 200,000 employees, 587 consolidated subsidiaries, and businesses in four main domains: digital products, electronic devices, social infrastructure, and home appliances. “In the U.S., Toshiba is known for its consumer products like the TV or PC. But actually, we are more than that. We play a leading role in the American electronics industry and enjoy market leadership in NAND flash memory and storage products, and in HDDs and SSDs (technologies that support data intensive applications on mobile equipment and provide the core infrastructure for managing big data,” explained Hisao Tanaka, the recently appointed president and CEO of Toshiba. “We are also active in public infrastructure in North America. In fact, we have been the leading supplier of thermal power steam turbines for nine consecutive years,” Tanaka added. And in the field of medical equipment, Toshiba has developed life-saving products in collaboration with the <a href="http://www.scienceparkjohnshopkins.net/tenants/toshiba" target="_blank">Johns Hopkins University School of Medicine</a>, one of its many partners. It currently has the third-largest market share in the world in computerized tomography (CT) and ultrasound diagnostic systems. A deep American connection One milestone in Toshiba’s history came in 1905 when General Electric (now GE) secured a stake in Tanaka Engineering Works, one of the original founding companies that later formed Toshiba. The partnership resulted in a sharing of technology that accelerated the development of several consumer products. <figure class="image-container floated-right" style="float: right;"><img src="http://gmipost.com/img/uploads/Japan%202013/Toshiba-Times-Square.jpg" alt="" width="358" height="500" /><figcaption class="image-caption">Toshiba's Time Square billboard</figcaption></figure> Today, Toshiba Group in North America consists of seventy-two consolidated subsidiaries with about 22,000 employees, including those from <a href="http://www.westinghousenuclear.com/Our_Company/" target="_blank">Westinghouse Electric Corporation</a> and Vital Image, which joined the group in 2006 and 2011, respectively. Last year, Toshiba brought IBM’s retail solutions business into the group.The Japanese conglomerate entered the American market nearly fifty years ago with the establishment of Toshiba America in 1965. In recent years, Toshiba America has rapidly evolved by focusing on growth businesses, developing new business areas, and shifting its portfolio towards business–to–business (B2B) operations. With that move, the group has strengthened its profit-making base. “We are very much committed to the U.S. and we do make a contribution in various business areas. An example is our <a href="https://www.toshiba.com/tic/inside-toshiba/manufacturing-services" target="_blank">facility in Houston</a> where we manufacture high-performance drive motors for Ford Motor Company’s hybrid vehicles,” Tanaka said. Mindful of its responsibility to local communities and mission to help build a sustainable society, Toshiba partnered with the National Science Teachers Association to set up the <a href="http://www.exploravision.org/" target="_blank">ExploraVision Awards</a>, a science–and–technology competition open to all K-12 students in the United States and Canada. Guided by a teacher-sponsor, participants study a technology of interest, predict what that technology might be like twenty years from now, and explore what is necessary to make their visions a reality. Since its inception in 1992, more than 315,000 students have participated in ExploraVision. This year, three student winners showcased their projects at the White House and met U.S. President Barack Obama. Through this initiative, Toshiba hopes to inspire students to pursue a future in science, technology, engineering, and math. And with Tanaka at the helm, everybody can expect continuity in these social–development activities. New leader, continuing vision With the recent appointment of Tanaka as president, the Toshiba Group will benefit greatly from his long experience in the United States. But as a company veteran, he is also very familiar with Toshiba’s corporate philosophy and mission – “Committed to people, Committed to the Future.” “The work of our founders still inspires us to meet our corporate social responsibilities by developing technologies, products, and systems that make life better; and to improve environmental management, so that we become one of the world’s foremost eco-companies,” said Tanaka. "With rising concerns about fast-growing population, increasing urbanization, and rising energy demand, Toshiba is dedicated to the wise use of the Earth’s finite resources by fully utilizing the technologies and knowhow accumulated over the years in its project to build “smart communities.” Proving to be once more an innovator in this new field, Toshiba is taking part in thirty-five demonstration and commercial projects around the world to establish “smart communities” and the <a href="http://www.toshiba-smartcommunity.com/EN/casestudy/newmexico/" target="_blank">Japan-U.S. smart grid test project</a> in New Mexico. In February, Toshiba also joined the Clean Energy Demonstration Project in a major mall in Carmel, Indiana, which is demonstrating a plug-in ecosystem that integrates solar photovoltaic power generation with a vehicle-charging and battery-storage system. “My management policy will focus on seeking growth in sales and revenue while maintaining a constant level of profit. I will also emphasize innovation, not only in products but in processes, too. And, of course, CSR and environmental activities will continue to be important, as we will fully leverage our technological prowess and leading edge product capabilities to offer people around the world a better future,” Tanaka said. - This Special Report on Japan originally appeared in the July/August 2013 edition of <a href="http://www.foreignaffairs.com/" target="_blank">Foreign Affairs</a> (Credit: Janine Ramirez)
 contentTracing its origins all the way to 1875, to companies founded by two giants of Japan’s modernization, Hisashige Tanaka and Ichisuke Fujioka, <a href="http://www.toshiba.co.jp/worldwide/index.html" target="_blank">Toshiba</a> has continually consolidated its reputation as a pioneer in the technologies of the day. That spirit of innovation still drives the company in all that it does. The technology giant brought Japan its first radar, transistor television, and microwave oven; and the world its <a href="http://en.wikipedia.org/wiki/Toshiba_T1100" target="_blank">first laptop personal computer</a> and <a href="http://www.semicon.toshiba.co.jp/eng/product/memory/nand/" target="_blank">NAND flash memory</a>. <figure class="image-container floated-right" style="float: right;"><img src="http://gmipost.com/img/uploads/Japan%202013/TOSHIBA-CEO.jpg" alt="" width="358" height="500" /><figcaption class="image-caption">Hisao Tanaka, President and CEO of Toshiba</figcaption></figure> Today, Toshiba has grown into a global organization with more than 200,000 employees, 587 consolidated subsidiaries, and businesses in four main domains: digital products, electronic devices, social infrastructure, and home appliances. “In the U.S., Toshiba is known for its consumer products like the TV or PC. But actually, we are more than that. We play a leading role in the American electronics industry and enjoy market leadership in NAND flash memory and storage products, and in HDDs and SSDs (technologies that support data intensive applications on mobile equipment and provide the core infrastructure for managing big data,” explained Hisao Tanaka, the recently appointed president and CEO of Toshiba. “We are also active in public infrastructure in North America. In fact, we have been the leading supplier of thermal power steam turbines for nine consecutive years,” Tanaka added. And in the field of medical equipment, Toshiba has developed life-saving products in collaboration with the <a href="http://www.scienceparkjohnshopkins.net/tenants/toshiba" target="_blank">Johns Hopkins University School of Medicine</a>, one of its many partners. It currently has the third-largest market share in the world in computerized tomography (CT) and ultrasound diagnostic systems. A deep American connection One milestone in Toshiba’s history came in 1905 when General Electric (now GE) secured a stake in Tanaka Engineering Works, one of the original founding companies that later formed Toshiba. The partnership resulted in a sharing of technology that accelerated the development of several consumer products. <figure class="image-container floated-right" style="float: right;"><img src="http://gmipost.com/img/uploads/Japan%202013/Toshiba-Times-Square.jpg" alt="" width="358" height="500" /><figcaption class="image-caption">Toshiba's Time Square billboard</figcaption></figure> Today, Toshiba Group in North America consists of seventy-two consolidated subsidiaries with about 22,000 employees, including those from <a href="http://www.westinghousenuclear.com/Our_Company/" target="_blank">Westinghouse Electric Corporation</a> and Vital Image, which joined the group in 2006 and 2011, respectively. Last year, Toshiba brought IBM’s retail solutions business into the group.The Japanese conglomerate entered the American market nearly fifty years ago with the establishment of Toshiba America in 1965. In recent years, Toshiba America has rapidly evolved by focusing on growth businesses, developing new business areas, and shifting its portfolio towards business–to–business (B2B) operations. With that move, the group has strengthened its profit-making base. “We are very much committed to the U.S. and we do make a contribution in various business areas. An example is our <a href="https://www.toshiba.com/tic/inside-toshiba/manufacturing-services" target="_blank">facility in Houston</a> where we manufacture high-performance drive motors for Ford Motor Company’s hybrid vehicles,” Tanaka said. Mindful of its responsibility to local communities and mission to help build a sustainable society, Toshiba partnered with the National Science Teachers Association to set up the <a href="http://www.exploravision.org/" target="_blank">ExploraVision Awards</a>, a science–and–technology competition open to all K-12 students in the United States and Canada. Guided by a teacher-sponsor, participants study a technology of interest, predict what that technology might be like twenty years from now, and explore what is necessary to make their visions a reality. Since its inception in 1992, more than 315,000 students have participated in ExploraVision. This year, three student winners showcased their projects at the White House and met U.S. President Barack Obama. Through this initiative, Toshiba hopes to inspire students to pursue a future in science, technology, engineering, and math. And with Tanaka at the helm, everybody can expect continuity in these social–development activities. New leader, continuing vision With the recent appointment of Tanaka as president, the Toshiba Group will benefit greatly from his long experience in the United States. But as a company veteran, he is also very familiar with Toshiba’s corporate philosophy and mission – “Committed to people, Committed to the Future.” “The work of our founders still inspires us to meet our corporate social responsibilities by developing technologies, products, and systems that make life better; and to improve environmental management, so that we become one of the world’s foremost eco-companies,” said Tanaka. "With rising concerns about fast-growing population, increasing urbanization, and rising energy demand, Toshiba is dedicated to the wise use of the Earth’s finite resources by fully utilizing the technologies and knowhow accumulated over the years in its project to build “smart communities.” Proving to be once more an innovator in this new field, Toshiba is taking part in thirty-five demonstration and commercial projects around the world to establish “smart communities” and the <a href="http://www.toshiba-smartcommunity.com/EN/casestudy/newmexico/" target="_blank">Japan-U.S. smart grid test project</a> in New Mexico. In February, Toshiba also joined the Clean Energy Demonstration Project in a major mall in Carmel, Indiana, which is demonstrating a plug-in ecosystem that integrates solar photovoltaic power generation with a vehicle-charging and battery-storage system. “My management policy will focus on seeking growth in sales and revenue while maintaining a constant level of profit. I will also emphasize innovation, not only in products but in processes, too. And, of course, CSR and environmental activities will continue to be important, as we will fully leverage our technological prowess and leading edge product capabilities to offer people around the world a better future,” Tanaka said. - This Special Report on Japan originally appeared in the July/August 2013 edition of <a href="http://www.foreignaffairs.com/" target="_blank">Foreign Affairs</a> (Credit: Janine Ramirez)
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 descriptionJapan alone has wrestled over the years with the bane of deflation. Deflation robs people of their expectations, turning optimists into pessimists. As I again stand at Japan’s helm, I am driven by a sense of urgency to remedy this scourge of deflation immediately. One way forward will be to take advantage of our resources, which, while incredibly rich, are still largely untapped. One long-neglected resource is our human resources, particularly women and middle-aged and elderly workers.
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 description_oldA leading car components manufacturer in Japan is capitalizing on its competitive advantages to improve its chances of securing hold in markets in every part of the world.
 descriptionA leading car components manufacturer in Japan is capitalizing on its competitive advantages to improve its chances of securing hold in markets in every part of the world.
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 content_old<a href="http://www.somic.co.jp/en/" target="_blank">SOMIC Ishikawa</a>, a leading <a href="http://www.somic.co.jp/en/product/balljoint/" target="_blank">ball joint</a> and <a href="http://www.somic.co.jp/en/product/damper/" target="_blank">damper</a> manufacturer based in Hamamatsu, has had to seek more overseas customers despite being the most dominant supplier of those parts to the country’s largest carmakers. <figure class="image-container floated-right" style="float: right;"><img src="http://gmipost.com/img/uploads/Japan%202017-Pt%202/Somic-Ishikawa.jpg" alt="" width="358" height="250" /><figcaption class="image-caption">Somic Ishikawa’s headquarters in Hamamatsu</figcaption></figure> While it caters mainly to large Japanese car manufacturers outside the country at the moment, SOMIC Ishikawa has seen a slow but steady growth in terms of sales and market penetration. To boost this growth, the company will step up efforts to secure the business of American and European car manufacturers and expand its product line. “We have always been following Japanese carmakers wherever they go and concentrate on that. But now, we need to increase market share by catering to non-Japanese carmakers too, mostly American and European,” President and CEO Masahiro Ishikawa explained. SOMIC Ishikawa faces tough competition, given that there are only a handful of ball joint and damper manufacturers around the world. To increase the odds of success of its overseas ventures and widen its market, the company focuses on <a href="http://www.somic.co.jp/en/technology/" target="_blank">technological innovation</a>. It has developed <a href="http://www.somic.co.jp/en/technology/new/" target="_blank">new products</a> that can be used in other industries, such as agriculture and medical equipment, using new lightweight materials preferred by carmakers and other kinds of manufacturers. The company, which marked its centenary in 2016, also capitalizes of its location in Hamamatsu, known as the manufacturing hub of Shizuoka prefecture, where the old guard of Japanese industry, such as Honda, Suzuki and Yamaha, are based. “Hamamatsu is a manufacturing center with a high concentration of skills. The network of all these industries and large companies here also contributes to the area’s attraction and strength,” said Ishikawa.
 content<a href="http://www.somic.co.jp/en/" target="_blank">SOMIC Ishikawa</a>, a leading <a href="http://www.somic.co.jp/en/product/balljoint/" target="_blank">ball joint</a> and <a href="http://www.somic.co.jp/en/product/damper/" target="_blank">damper</a> manufacturer based in Hamamatsu, has had to seek more overseas customers despite being the most dominant supplier of those parts to the country’s largest carmakers. <figure class="image-container floated-right" style="float: right;"><img src="http://gmipost.com/img/uploads/Japan%202017-Pt%202/Somic-Ishikawa.jpg" alt="" width="358" height="250" /><figcaption class="image-caption">Somic Ishikawa’s headquarters in Hamamatsu</figcaption></figure> While it caters mainly to large Japanese car manufacturers outside the country at the moment, SOMIC Ishikawa has seen a slow but steady growth in terms of sales and market penetration. To boost this growth, the company will step up efforts to secure the business of American and European car manufacturers and expand its product line. “We have always been following Japanese carmakers wherever they go and concentrate on that. But now, we need to increase market share by catering to non-Japanese carmakers too, mostly American and European,” President and CEO Masahiro Ishikawa explained. SOMIC Ishikawa faces tough competition, given that there are only a handful of ball joint and damper manufacturers around the world. To increase the odds of success of its overseas ventures and widen its market, the company focuses on <a href="http://www.somic.co.jp/en/technology/" target="_blank">technological innovation</a>. It has developed <a href="http://www.somic.co.jp/en/technology/new/" target="_blank">new products</a> that can be used in other industries, such as agriculture and medical equipment, using new lightweight materials preferred by carmakers and other kinds of manufacturers. The company, which marked its centenary in 2016, also capitalizes of its location in Hamamatsu, known as the manufacturing hub of Shizuoka prefecture, where the old guard of Japanese industry, such as Honda, Suzuki and Yamaha, are based. “Hamamatsu is a manufacturing center with a high concentration of skills. The network of all these industries and large companies here also contributes to the area’s attraction and strength,” said Ishikawa.
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 description_oldWith its recently appointed president, Sakuragawa Pumps in Osaka acquired a refreshed determination to grow its markets abroad, particularly the United States.
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 contentAs a leading manufacturer of high-end, top quality submersible pumps in Japan, <a href="http://en.sakura-p.biz/" target="_blank">Sakuragawa Pumps</a>, for more than 50 years, has been a good representative of the Japanese concept of monozukuri, or craftsmanship. With its recently appointed president, Naruhito Konuma, the Osaka-based company is focused on innovation as its main strategy for global expansion. <figure class="image-container floated-right" style="float: right;"><img src="http://gmipost.com/img/uploads/Japan%202017-Pt%202/Sakuragawa-Pumps-NARUHITO-KONUMA.jpg" alt="" width="358" height="455" /><figcaption class="image-caption">Sakuragawa Pumps President Naruhito Konuma</figcaption></figure> “We are very confident about our products and our domestic customers are satisfied with them. In Japan, our name is well known; but not overseas. So, promoting our brand name and <a href="http://en.sakura-p.biz/itemseries/series/picup/" target="_blank">product</a> is the first step,” Konuma explained. In 2015, Sakuragawa, was acquired by AKTIO, Japan’s third-largest construction company, a merger that has benefitted both sides. As a well-established company in Japan and overseas, AKTIO easily identifies supply opportunities for Sakuragawa to meet. This synergy has generated more business for the two companies. Currently, Sakuragawa has a presence in overseas markets, such as Canada, Australia and Europe. But, the company wants to strengthen its business in the United States because of its geographical size and a discerning market that can appreciate their well-crafted products. In its global expansion plans, Sakuragawa is targeting partnerships with local distributors and is focusing on four sectors, namely mining, irrigation, dredging and construction. “I believe in the strength of working with AKTIO and focusing on our core products. As the new president, my vision is to make this company active and dynamic. We will need to be always changing. Otherwise, we won’t survive,” Konuma stressed.
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 content“In just seven decades since the Korean War, Korea transformed itself from an impoverished, war-torn nation into a major global player, an economic and technological powerhouse, and a soft power magnet,” Minister of Foreign Affairs Park Jin.
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 contentThe world’s fastest-growing region, Asia has remained the main driver of the global economy for nearly half a century. At the heart of the continent’s impressive growth have been value-added manufacturing, high tech innovation and, in the last decade, education. As the leaders of Asian technological innovation, Japan, South Korea and mainland China continue to impress the world with life-changing gadgets and planet-saving technology developed by locals in laboratories and R&D centers at home. That strength has naturally spread to neighboring Asian economies, like Singapore, Malaysia, Indonesia and Thailand.
 publication_date2022-01-01
 creation_date2022-01-01
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 titleEducation in Western Europe 2021
 descriptionGMI Post is putting together the first-ever Guide to Education in Western Europe to be published in Mandarin in Forbes China magazine in mid-2021. As the ongoing SARS-CoV-2 global pandemic gives Chinese students much fewer choices to study abroad, Western Europe remains a safe and attractive destination to a quality education. More than ever, Chinese parents and students need reliable information about the current global educational landscape and their options. Apart from promoting the entire region as an excellent, open and secure destination, the guide will also feature some of Western Europe’s best and most reputable universities and educational institutions. Any inquiries regarding this report can be directed to Danelle Ong and Maria Sanchez.
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 contentGMI Post is putting together the first-ever Guide to Education in Western Europe to be published in Mandarin in Forbes China magazine in mid-2021. As the ongoing SARS-CoV-2 global pandemic gives Chinese students much fewer choices to study abroad, Western Europe remains a safe and attractive destination to a quality education. More than ever, Chinese parents and students need reliable information about the current global educational landscape and their options. Apart from promoting the entire region as an excellent, open and secure destination, the guide will also feature some of Western Europe’s best and most reputable universities and educational institutions. Any inquiries regarding this report can be directed to <a href="mailto:danelle@gmipost.com?subject=Report%20on%20Education%20in%20Western%20Europe" target="_blank" rel="noopener">Danelle Ong</a> and <a href="mailto:maria@gmipost.com?subject=Report%20on%20Education%20in%20Western%20Europe" target="_blank" rel="noopener">Maria Sanchez</a>.
 publication_date2021-10-04
 creation_date2021-10-04
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 titleGreece 2021
 descriptionFollowing the disruption caused by the SARS-CoV-2 global pandemic last year, GMI Post is preparing a second Special Report on Greece, which will again highlight the country’s main economic players and hidden champions. The special report is planned for this summer to coincide with the opening of the postponed Tokyo Olympics. While the SARS-CoV-2 pandemic reversed the solid gains made by Greece in 2018, when the country exited its economic bailout program, the country is getting back up on its feet with cautious optimism as the government led by Prime Minister Kyriakos Mistotakis efficiently oversees its vaccination rollout. Analysts predict that Greece’s GDP to grow between 3.5 and 4.0 percent in the coming months.
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 tagsGreece, Japan, Economy
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 contentFollowing the disruption caused by the SARS-CoV-2 global pandemic last year, GMI Post is preparing a second Special Report on Greece, which will again highlight the country’s main economic players and hidden champions. The special report is planned for this summer to coincide with the opening of the postponed Tokyo Olympics. While the SARS-CoV-2 pandemic reversed the solid gains made by Greece in 2018, when the country exited its economic bailout program, the country is getting back up on its feet with cautious optimism as the government led by Prime Minister Kyriakos Mistotakis efficiently oversees its vaccination rollout. Analysts predict that Greece’s GDP to grow between 3.5 and 4.0 percent in the coming months. Supporting this prediction is the EU-Japan Economic Partnership Agreement, which came into effect in 2019, created the world’s largest free trade zone, and gave a strong boost to Greek agri-food exporters. In fact, only one year after the EU-Japan EPA came into effect, Greek exports to Japan doubled. The upcoming report will highlight Greece’s highly profitable prospects outside the EU and identify valuable investment opportunities for Japanese companies. Inquiries regarding this report can be directed to Project Coordinator <a href="mailto:francis@gmipost.com?subject=Special%20Report%20on%20Greece" target="_blank" rel="noopener">Francis Pacheco</a>.
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 titleIreland 2020
 descriptionJapan has been a favorite market for Irish companies in the Asia-Pacific region not only because the Japanese value loyalty in business, but also because they share an open-mindedness towards game-changing innovation. In the recent years, Ireland has gained global admiration for becoming a leading hub for technology. It has also convinced some multinational companies to move their European headquarters and main operations bases there. Although medical technology, fin-tech, aviation and engineering have shown impressive growth in exports to Japan, pharmaceuticals remain as the largest Irish export.
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 contentJapan has been a favorite market for Irish companies in the Asia-Pacific region not only because the Japanese value loyalty in business, but also because they share an open-mindedness towards game-changing innovation. In the recent years, Ireland has gained global admiration for becoming a leading hub for technology. It has also convinced some multinational companies to move their European headquarters and main operations bases there. Although medical technology, fin-tech, aviation and engineering have shown impressive growth in exports to Japan, pharmaceuticals remain as the largest Irish export.
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 titleColombia 2020
 descriptionAs Japan and Colombia celebrate 112 years of diplomatic relations this year, the world's third-largest economy remains the largest Asian investor in the South American economy and plans to further expand its investment in the country. Continuing its coverage of South America in The Japan Times, GMI Post explores Colombia's partnership with Japan and will cover the cities of Medellin, Cartagena, and Cali. Seven years after its previous report on Colombia, GMI Post's team will expand its scope into more sectors, such as legal services, agriculture, food & beverage, education and hospitality.
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 titleSouthwest USA 2020
 descriptionFollowing the success of the 2016 Report on the U.S. Southwest, GMI POST returns to the states of Colorado, New Mexico, Arizona, Utah and Nevada to the cities, companies and people who shared long cultural and business ties with Japan, as well as offer fresh business opportunities investors in the two countries. As the Japanese government reaffirms its commitment to Society 5.0 initiative - vision for a human-centered society that balances economic progress and social development through the closer integration of physical space and cyberspace - the U.S. Southwest hopes to become an investment destination and an innovation partner for Japanese innovators.
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 titleU.S. Pacific Northwest 2019
 descriptionWhether one prefers to ski down snow-covered peaks, hike up lush mountains or just enjoy a glass of wine on the beach, the Pacific Northwest has attracted a wide range of visitors from around the world, an increasing number of them from Japan. Because of their proximity to Asia, the states of Oregon and Washington have also positioned themselves as ideal partners for business. As the base of some of the world's largest companies, including the most connected technology giants, the two states boast very stable economies, one thing to consider for potential Japanese investors.
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 titleUruguay 2019
 descriptionGMIPOST is putting together a Special Report on Uruguay to commemorate the 110th anniversary of the arrival of the first Japanese immigrants to the country. As South America's middle market companies continue to grow, Japanese investors closely monitor the developments in this large, dynamic market. Casting a vote of confidence, Japanese giant SoftBank has already invested $5 billion in the region.
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 titleChile 2019
 descriptionAs host of this year's APEC 2019 in November and organizer of the U.N. Climate Change Conference (COP25) in December, Chile will be on the global spotlight again. Over several years, Chile has earned a reputation for being an ideal business hub in South America because of its open economy and business-friendly policies. In the 2018 Global Competitiveness Report, the country was 33rd among other 137 countries and 56th in Ease of Doing Business.
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 titleSlovakia 2019
 descriptionCelebrating more than 25 years of diplomatic relations, Slovakia and Japan have recognized great opportunities for stronger economic cooperation. And as Japan's changing demographics present challenges in terms of domestic growth, around 3.8 million SMEs are seeking opportunities in new overseas markets like Slovakia. With the EU-Japan Economic Partnership Agreement coming into force in February 2019, Slovakia and Japan are well positioned to strengthen their business ties.
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 titleEstonia 2019
 descriptionCelebrating more than 25 years of diplomatic relations, Estonia and Japan have recognized great opportunities for stronger economic cooperation. And as Japan's changing demographics present domestic challenges, roughly 3.8 million Japanese SMEs are recognizing opportunities for investment in untapped overseas markets like Estonia. With the EU-Japan Economic Partnership Agreement entering into force in February 2019, Estonia and Japan are in excellent positions to further deepen their bonds.
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 titleFrance 2019
 descriptionTentatively set for publication in July/August 2019, the Special Business Report on France will examine France's strongest and fastest growing industries and companies, and the impact these have on the world's development - as well as the country's investment and partnership opportunities. It also aims to strengthen its relationship with other world leaders such as the United States.
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 titleNorthern Italy 2019
 descriptionGlobal Media Inc. continues its coverage of the European Union with its upcoming Special Business Report on Northern Italy. The report, in partnership with the Japan Times, is set for publication in the first quarter of 2019 and will cover the cities of Milan, Turin, Genoa and Venice.
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 titleSoutheastern USA 2019
 descriptionGlobal Media Inc. continues its coverage of the United States with its upcoming Special Business Report on Southeast USA, with the team traveling across West Virginia, Virginia, the Carolinas, and all the way down to Georgia and Florida.
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 titleMalaysia 2019
 descriptionGlobal Media Inc. and Foreign Affairs, following their successful 2013 report, return to Malaysia this year to highlight the country's increasing importance to the global economy. Coming out of retirement, Prime Minister Mahathir Mohamad has unveiled his vision for a "New Malaysia," which focuses on rebuilding a favorable business and investment environment.
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 titleEastern USA 2018
 descriptionStretching from Virginia to Maine, the Mid-Atlantic and New England states were part of the Thirteen Original Colonies that declared independence from Great Britain. Owing to its history, heritage and location, these states contain America's largest population centers and is home to the country's oldest and most prestigious universities, which have become leading innovators in life sciences, engineering, IT, defense, the arts, and culture.
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 titleAustralia 2018
 descriptionGlobal Media Inc. and Foreign Affairs, following the successful 2012 report, return to Australia this year, to highlight the country's increasing importance to the global economy. After nearly 27 years of economic growth, a record run for a developed nation, Australia remains a top 10 destination for foreign investment. U.S. investment has made an incredible impact on the country, adding around $800 million and hundreds of thousands of jobs to the economy.
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 descriptionIn 2017, Vietnam's GDP growth surged to 6.8 percent, its best performance in ten years. Aiming to have one million efficient companies and privatize 137 state-owned enterprises by 2020, the government remains determined to improve the country's overall business environment through various administrative reforms. Amid these changes, Vietnam has become one of the top investment destinations in the Asia-Pacific as new opportunities continue to arise.
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 descriptionAs the world’s fourth-largest largest economy and Europe’s leading economy, Germany looks to 2018 with pressing issues. How does the German economy keep its dominant position within the European Union, particularly following Brexit next year? Can the country take over from the UK as the region’s leading financial center?
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 titleU.S. Great Lakes 2018
 descriptionWith a relationship going back more than 160 years, the United States and Japan share very deep historical ties. And the Midwest states of Illinois, Wisconsin, Michigan, Indiana and Ohio have played vital roles in strengthening that relationship. Trade and investment between those Great Lakes states and Japan support tens of thousands of jobs and account for billions of dollars every year Global Media Inc. returns to the U.S. Midwest to highlight old success stories and new investment opportunities in the region.
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 descriptionWidely known as an oil-rich state, Qatar has built a reputation over the years as a more diversified economy with a globalized outlook on development. Apart from the usual petrochemical players, the country boasts large local flagships as well as new contributors to its nation-building project.
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 contentWidely known as an oil-rich state, Qatar has built a reputation over the years as a more diversified economy with a globalized outlook on development. Apart from the usual petrochemical players, the country boasts large local flagships as well as new contributors to its nation-building project.
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 titleCambodia 2017
 descriptionHaving shed its image as a strife-ridden country, the Kingdom of Cambodia has made great strides in building a bright, sustainable future for its people. Made up of a population of 15 million, half of which are under 25 years old, Cambodia’s demographics present the perfect condition to speed up economic growth.
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 tagsCambodia, Economy, WEF, ASEAN, Education,
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 titleSouthern California 2017
 descriptionDuring his state visit to the United States in April 2016, Japanese Prime Minister Shinzo Abe reaffirmed his confidence that Japan and the United States would “together pave the way toward a new era.” He also acknowledged the “infinite possibilities” for increased Japanese-U.S. collaboration. Global Media Inc. will be revisiting Southern California to prepare a special business report highlighting the ties between Japan and the United States. The report follows the success of the regional reports produced in 2014 and 2015 on the strong Japanese-American links in Los Angeles, San Diego, Northern California, the Midwest USA, Southern USA, Southwest USA, New England and the Atlantic Coast. The special report will provide an update on the strong relationship between Southern California and Japan. As of 2016, Japan stands as the largest source of foreign-owned enterprise (FOE) jobs in Southern California, accounting for 21.7% of all FOE jobs in the region, with 2,440 Japanese-affiliated companies providing over 79,000 jobs. Scheduled to be published in June of 2017, the Special Business Report on Southern California will promote the robust trade and investment environment in the region.
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 titleBolivia 2017
 descriptionWith an annual GDP growth exceeding 5% per year, Bolivia has one of the region's most dynamic economies. Mining of silver, zinc and gold has remained Bolivia's traditional revenue earner. But with a young and growing population, a rising middle class, and enormous tracts of arable land, the country is looking beyond mining and is promoting investments in the services, construction, real estate and agriculture sectors. Bolivia's success is best exemplified by Santa Cruz, once a backwater town of just 40,000 people 50 years ago. Today, the city is home to 3 million Bolivians, or nearly 30% of the country's population, and accounts for almost 40% of Bolivia's economic activity and foreign direct investments. This phenomenal growth is attributed to the city’s strategic location, rich natural resource and more importantly, the residents’ appetite for risk and openness to doing business. Scheduled to be published in the April 2017 in the Japan Times, the Special Business Report on Bolivia will highlight the investment potential of the country and its different cities.
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 titleJapan 2017
 descriptionWith Tokyo set to host the Olympics and Paralympic Games in 2020, Japan hopes to build further on its image as a major global player and spur a much-needed boost to the economy of the world’s third-largest economy. As an innovator in a wide range of industries, Japan has exported its game-changing technologies and expertise with the rest of the world. With its recent entry into the Trans-Pacific Partnership Agreement (TPPA), the country has opened up more opportunities for its companies and entrepreneurs overseas? What does the future hold for this global powerhouse? Scheduled to be published in the March/April 2017 issue of Foreign Affairs, the Special Business Report on Japan will serve as a follow up on two previous reports, including the one in 2013 headlined by Prime Minister Shinzo Abe.
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 contentAs an innovator in a wide range of industries, Japan has exported its game changing technologies and expertise to the rest of the world. However, over the past two decades, its economy has experienced sluggish growth. Maintaining its position as the third’s largest economy, Japan continues to find new ways in creating economic boost. “As the Japanese government works on a wide range of policies aimed at stimulating economic growth, the ACCJ has offered policy prescriptions that encourage further reform and growth in Japan,” said Christopher LaFleur, President of the American Chamber of Commerce in Japan. Earlier this year, Prime Minister Shinzo Abe reiterated that his top priority continues to be economic growth, with accelerating Abenomics being key. Introduced in 2012, Abenomics is a set of economic policies combining aggressive fiscal spending, monetary policy, and structural reform.
 publication_date2017-02-14
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 titleSweden 2016
 descriptionBecause of its readiness to adapt to the rapid changes and huge demands of the global economy, Sweden has remained one of Europe’s most vibrant and stable economies. Once known as a traditional industrial power, the country of only 10 million people has repeatedly reinvented itself and continues to impact billions of people around the world more than they realize. What drives this success? An open attitude, a strong entrepreneurial spirit and a constant thirst for innovation have been those driving forces. The upcoming Special Business Report on Sweden, to be published in late 2016, will be the maiden report on this country in Forbes and Forbes Asia. The report will highlight Sweden’s success stories, its most dynamic sectors, and the most critical partners for business growth.
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 tagsSweden, Forbes, Forbes Asia, Economy, Technology, Innovation
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 titleBrunei 2016
 descriptionBuilding on more than 30 years of diplomatic relations, Brunei Darussalam and Japan have expanded economic collaboration to beyond the petroleum industry. Over the past few years, several Japanese companies have discovered various investment opportunities in this oil-rich sultanate determined to diversify its economy. Tentatively entitled “Exploring New Fields of Cooperation,” The Special Business Report on Brunei is scheduled to be published in September 2016 in the Japan Times. The report aims to promote the sultanate as a hub for investment, trade, education, and tourism.
 urlbrunei-2016
 place
 tags
 is_published(true)
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 titlePanama 2016
 descriptionWith the Panama Canal Extension Project approaching completion and the agreement to build the Metro Line 2 recently signed, the buzz surrounding bilateral relations between Japan and Panama is arguably at an all-time high. Amid this very bullish atmosphere, Global Media aims to further promote business ties between the two countries through its 2016 Special Business Report on Panama, to be published in The Japan Times concurrently with the Canal extension’s official opening.
 urlpanama-2016
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 tags
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 titleThailand 2016
 descriptionDespite recent challenges, Thailand has remained successful in keeping its economy very competitive as it also proceeds with program to normalize the political situation in the country.
 urlthailand-2016
 place
 tags
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 titlePeru 2015
 descriptionToday, as the Pacific Alliance - composed of Peru, Chile, Colombia, and Mexico - seeks to create a Latin American gateway to Asian markets, Peru plays an important role in bringing this vision to fruition.
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 place
 tagsForbes Asia, Peru, Latin America, Economy, Trade, Investment, Pacific Alliance
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 titleCanada 2015
 descriptionAmid the backdrop of the on-going Trans-Pacific Partnership negotiations, Canada has taken significant steps towards strengthening its relations with its Asian counterparts. Recent visits to the region by Prime Minister Stephen Harper, Foreign Minister John Baird and Minister of International Trade Ed Fast all emphasize the importance being given by Canada to developing relations and trade across the Pacific.
 urlcanada-2015
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 tags
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 contentAmid the backdrop of the on-going Trans-Pacific Partnership negotiations, Canada has taken significant steps towards strengthening its relations with its Asian counterparts. Recent visits to the region by Prime Minister Stephen Harper, Foreign Minister John Baird and Minister of International Trade Ed Fast all emphasize the importance being given by Canada to developing relations and trade across the Pacific.
 publication_date2015-07-09
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 titleSingapore 2015
 descriptionOn August 9, 2015, Singapore celebrates its fiftieth birthday. This date marks an important achievement for Singapore, given its abrupt expulsion from the Federation of Malaysia. Today, Singapore is a city-state and nation-state, the only one of its kind in the world.
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 placeSingapore
 tagsSingapore, Angelo Romualdez, Conrad Becker, Foreign Affairs
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 titleTaiwan 2014
 descriptionOccupying a total area of only 36,000 square kilometers and with a population of 23.4 million, Taiwan wields more influence on the global economy than countries around the world with more natural resources and manpower.
 urltaiwan-2014
 placeTaiwan
 tagsTaipei, Taipei 101, Philippe Le Saux, Elizabeth Arcega
 is_published(true)
 visible_upcoming_links(false)
 pdf_pathFA-TAIWAN 2014.pdf
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 contentThe upcoming report, due to be published in the November/December 2014 edition of <a href="http://www.foreignaffairs.com" target="_blank">Foreign Affairs</a>, will highlight opportunities in Taiwan for overseas collaboration, investment and trade. Philippe Le Saux and Elizabeth Arcega update from the field. June 20: The team hit the ground running as Week 1 in Taiwan unfolded. All but one of our initial meetings were with foreigners who have chosen to do work and do business in Taiwan. These discussions gave us an interesting preview of what we can expect to hear throughout this stay: Passion and enthusiasm from foreign executives who have discovered the merits of being in this country. This positivity was echoed by the first Taiwanese individuals that we met, the leadership of the <a href="http://www.taipei-101.com.tw/en/index.aspx" target="_blank">Taipei Financial Center Corporation</a>, which is responsible for Taiwan’s most iconic structure: The Taipei 101 Tower. The warmth of our welcome, paired with the rhetoric of excitement and openness conveyed by the Taiwanese, shows the tremendous potential of the 2014 Taiwan Report. - PLS
 publication_date2014-11-01
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 titleSan Diego 2014
 descriptionSan Diego, one of the most recognized counties in California, is located at the state’s southernmost point and has long been among the most popular destinations not only within California but within the entire country. According to the San Diego Tourism Authority, the county welcomes more than 33 million visitors every year, all of whom spend nearly $8.4 billion. The significant contribution of the tourism industry extends beyond county borders as it generates more than $388 million dollars annually in state and local taxes.
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 place
 tagsJapan Times, San Diego, USA, Japan, Philippe Le Saux, Conrad Becker,
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 titleLos Angeles 2014
 descriptionAs the United States and Japan commemorated the 160th anniversary of the signing of the Treaty of Peace and Amity in 2014, both countries looked back at how their economies have grown increasingly integrated over the years and have prospered to account for one-third of the world’s output.
 urllos-angeles-2014
 placeLos Angeles
 tagsLos Angeles, City, Lakers, Japan, Investment
 is_published(true)
 visible_upcoming_links(false)
 pdf_path2013 US-LOS ANGELES (PUB2).pdf
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 publication_date2014-06-07
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 titleSarawak 2013
 descriptionDuring a six-month-long celebration of Malaysia’s 50th anniversary of independence from Britain, Sarawak Chief Minister Tan Sri Abdul Taib Mahmud has highlighted the resource-rich state’s economic achievements and outlined the government’s program to ensure continued growth.
 urlsarawak-2013
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 tags
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 contentDuring a six-month-long celebration of Malaysia’s 50th anniversary of independence from Britain, Sarawak Chief Minister Tan Sri Abdul Taib Mahmud has highlighted the resource-rich state’s economic achievements and outlined the government’s program to ensure continued growth.
 publication_date2013-10-01
 creation_date2014-06-24
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 titlePanama 2013
 descriptionSince the introduction of an economic liberalization program and the privatization of state assets in the mid-1990s, Panama has experienced steep growth in its gross domestic product that many nations in any part of the world will surely find enviable. Over the past 20 years, Panama has laid out the groundwork to become the region’s foremost center in logistics and financial services — a sensible next step in the economy’s development given its position as one of the world’s most important conduits of maritime trade. One of the fastest–growing economies in the Americas, Panama has achieved average GDP growth of 8 percent over the past decade, with the annual figure surpassing 10 percent in some years.
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 tagsPanama, Economy, Shipping, logistics
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 titleMalaysia 2013
 descriptionSince it gained independence in 1957, Malaysia has undergone a remarkable transition from an agricultural economy to a dynamic manufacturing and services-driven economy, a feat that has consolidated its reputation as one of Southeast Asia’s economic powerhouses. With more than 28 million people, Malaysia’s success is a result of hard work, wisdom, and as resilience of our leadership and our multi-ethnic, multi-religious people.
 urlmalaysia-2013
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 tags
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 contentSince it gained independence in 1957, Malaysia has undergone a remarkable transition from an agricultural economy to a dynamic manufacturing and services-driven economy, a feat that has consolidated its reputation as one of Southeast Asia’s economic powerhouses. With more than 28 million people, Malaysia’s success is a result of hard work, wisdom, and as resilience of our leadership and our multi-ethnic, multi-religious people.
 publication_date2013-06-30
 creation_date2014-06-24
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 titleShanghai 2012
 descriptionUsually when one thinks of educational exchanges between the United States and China, the image is of ambitious Chinese engineering and business students heading westward. But with a global awareness of China’s growing role in world, more American students than ever are heading east to better understand the country’s unique culture, language, and business environment. China is now the fifth-largest destination for American students, with more than 14,000 studying abroad in China in 2010, a large jump from 3,000 students a decade ago.
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 placeShanghai
 tags
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 contentUsually when one thinks of educational exchanges between the United States and China, the image is of ambitious Chinese engineering and business students heading westward. But with a global awareness of China’s growing role in world, more American students than ever are heading east to better understand the country’s unique culture, language, and business environment.
 publication_date2012-06-01
 creation_date2014-06-24
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 titleTaiwan 2011
 descriptionFor a country that occupies just over 13,000 square kilometers, Taiwan’s geographical size belies its economic clout and political importance in Asia and the rest of the world. Together with Singapore, South Korea and Hong Kong, Taiwan was among the so-called Asian Tigers that impressed the world with their rapid industrialization in less than a generation following the devastation of the Second World War.
 urltaiwan-2011
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 tags
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 contentFor a country that occupies just over 13,000 square kilometers, Taiwan’s geographical size belies its economic clout and political importance in Asia and the rest of the world. Together with Singapore, South Korea and Hong Kong, Taiwan was among the so-called Asian Tigers that impressed the world with their rapid industrialization in less than a generation following the devastation of the Second World War.
 publication_date2011-07-20
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 titleJapan 2011
 descriptionIn this second decade of the 21st century, economic and societal globalization has continued its unfettered acceleration. Amid this milieu, Prime Minister Naoto Kan unveiled his government’s new program, Heisei no Kaikoku (sometimes translated as “The Heisei Era’s Second Opening”), which features several innovative solutions to various issues, unprecedented changes, and new values faced by the world community.
 urljapan-2011
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 tags
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 contentIn this second decade of the 21st century, economic and societal globalization has continued its unfettered acceleration. Amid this milieu, Prime Minister Naoto Kan unveiled his government’s new program, Heisei no Kaikoku (sometimes translated as “The Heisei Era’s Second Opening”), which features several innovative solutions to various issues, unprecedented changes, and new values faced by the world community.
 publication_date2011-06-01
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 titleIndonesia 2010
 description
 urlindonesia-2010
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 tagsIndonesia, Southeast Asia
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 contentThe Indonesia Report 2010 was one of the first.
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 titleSerbia 2023
 descriptionJapanese-Serbian relations started with a simple letter sent in 1882 by the first king of Serbia to Japan's Emperor Meiji. In the last 141 years, the partnership between these two countries has emerged stronger, having weathered two world wars and lending each other support following civil conflict and natural disasters.
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 tagsJapan, Serbia, Economy, Investment, Manufacturing, Tourism
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 contentJapanese-Serbian relations started with a simple letter sent in 1882 by the first king of Serbia to Japan’s Emperor Meiji. In the last 141 years, the partnership between these two countries has emerged stronger, having weathered two world wars and lending each other support following civil conflict and natural disasters.
 publication_date2023-06-09
 creation_date2023-06-09
 is_active(true)
 participant_count0
 source_custom_urlhttps://info.japantimes.co.jp/international-reports/pdf/20230609-GMI-Serbia.pdf
 digital_linkhttps://www.japantimes.co.jp/country-report_category/serbia-report-2023/
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 titleSouthern USA 2023
 descriptionFor more than half a century, the Southern United States has attracted Japanese automakers and hundreds of other Japanese companies within the automotive supply chain, successfully drawing them in with a business-friendly environment and a consistent stream of reliable skilled workers.
 urlsouthern-usa-2023
 place
 tagsJapan, US, Alabama, Arkansas, Kentucky, Louisiana, Mississippi, Oklahoma
 is_published(true)
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 pdf_pathJT-2022-SOUTH USA.pdf
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 contentFor more than half a century, the Southern United States has attracted Japanese automakers and hundreds of other Japanese companies within the automotive supply chain, successfully drawing them in with a business-friendly environment and a consistent stream of reliable skilled workers.
 publication_date2023-03-17
 creation_date2023-03-17
 is_active(true)
 participant_count0
 source_custom_urlhttps://info.japantimes.co.jp/international-reports/pdf/20230317-GMI-Southern_USA.pdf
 digital_linkhttps://www.japantimes.co.jp/country-report_category/southern-usa-report-2023/
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 titleJapan SMEs 2022
 descriptionAs the base of many of the largest global brands, like Toyota, Sony, Honda, to name only a few, Japan built its economic muscle on the back of thousands of small- and medium-sized firms, some of them still family-owned, that maintain a strong ethos of workmanship, or monozukiri, while adapting an innovative spirit to keep them competitive.
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 tagsJapan, Economy, SMEs
 is_published(true)
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 pdf_pathFA-JAPAN SMEs 2022-B.pdf
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 publication_date2022-12-01
 creation_date2022-12-01
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 titleSouthern California 2022
 descriptionLike many regions and cities across the United States, Los Angeles has gone through challenging times over the past two years. Thankfully, because of its geographical size and diverse economy, the city has weathered the economic slowdown quite well. Demographics have also played a vital role in strengthening the economy: There is a growing population of young people becoming more active in the workplace and starting their own businesses.
 urlsouthern-california-2022
 place
 tagsSouthern California, Japan, Economy, Investment
 is_published(true)
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 pdf_pathJT-LOS ANGELES 2022.pdf
 pdf_preview_pathJT-LOS-ANGELES-2022-Page-1.jpg
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 small_imageSoCAL-2022-sm.jpg
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 contentLike many regions and cities across the United States, Los Angeles has gone through challenging times over the past two years. Thankfully, because of its geographical size and diverse economy, the city has weathered the economic slowdown quite well. Demographics have also played a vital role in strengthening the economy: There is a growing population of young people becoming more active in the workplace and starting their own businesses.
 publication_date2022-06-30
 creation_date2022-06-30
 is_active(true)
 participant_count0
 source_custom_urlhttps://info.japantimes.co.jp/international-reports/pdf/20220630-GM-Southern_California.pdf
 digital_linkhttps://www.japantimes.co.jp/country-report_category/southern-california-report-2022/
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 titleUS Midwest 2022
 descriptionMore than two years into the pandemic, the states in the U.S. Midwest are showing signs of a strong recovery. Many businesses have seen new opportunities for growth and technological innovation, reminiscent of the boom that characterized the postwar era in the United States.
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 place
 tagsUS, Japan, Economy, Investment, Midwest, Illinois, Indiana, Michigan, Ohio, Wisconsin
 is_published(true)
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 pdf_pathJT-MIDWEST 2022-sm.pdf
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 contentBecause of its excellent infrastructure and well-developed transport links, the U.S. Midwest has become an important logistics center, a position that local and international businesses appreciated more in light of the protracted COVID-19 pandemic that strained supply chains across the globe and stunted economic growth. More than two years into the pandemic, GMI Post reports on how the centrally located region is displaying a strong recovery.
 publication_date2022-03-15
 creation_date2022-03-15
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 source_custom_urlhttps://info.japantimes.co.jp/international-reports/pdf/20220315-GM-US_Midwest.pdf
 digital_linkhttps://www.japantimes.co.jp/country-report_category/u-s-midwest-report-2022/
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 titleTexas 2021
 descriptionAs the global economy reels from the shock dealt by COVID-19 in 2020, some countries have begun showing signs of recovery from the pandemic. In the U.S., the state of Texas in particular, has attracted new investment from Japan because of its entrenched competitiveness and established industrial base. This year, GMI Post took a look at how different cities and areas of Texas have capitalized on that momentum.
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 tagsJapan, Texas, Economy, Investment
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 pdf_path20211013-GMI-Texas-sm.pdf
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 contentAs the global economy reels from the shock dealt by COVID-19 in 2020, some countries have begun showing signs of recovery from the pandemic. In the U.S., the state of Texas in particular, has attracted new investment from Japan because of its entrenched competitiveness and established industrial base. This year, GMI Post took a look at how different cities and areas of Texas have capitalized on that momentum.
 publication_date2021-10-13
 creation_date2021-10-13
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 source_custom_urlhttps://info.japantimes.co.jp/international-reports/pdf/20211013-GMI-Texas.pdf
 digital_linkhttps://www.japantimes.co.jp/country-report_category/texas-report-2021/
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 titleEducation in Japan 2021
 descriptionGMI Post is preparing a Guide to Education in Japan to be published in Foreign Affairs magazine in mid- 2021. This report follows GMI Post’s series of successful reports on Japan that began in 2011. Amid the current SARS-CoV-2 global pandemic, several thousands of international students face various questions and challenges related to studying abroad just as Japan wants to position itself as an attractive destination for non-Japanese students. The upcoming report will serve as a guide that will promote Japan’s most reputable educational institutions, highlight the excellence, openness and safe environment in Japan, as well as foster stronger partnerships between Japanese schools and the rest of the world. Any inquiries regarding this report can be directed to Lala Cortes and Karen Lee.
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 pdf_pathFA-JAPAN EDU 2021.pdf
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 contentGMI Post is preparing a Guide to Education in Japan to be published in Foreign Affairs magazine in mid- 2021. This report follows GMI Post’s series of successful reports on Japan that began in 2011. Amid the current SARS-CoV-2 global pandemic, several thousands of international students face various questions and challenges related to studying abroad just as Japan wants to position itself as an attractive destination for non-Japanese students. The upcoming report will serve as a guide that will promote Japan’s most reputable educational institutions, highlight the excellence, openness and safe environment in Japan, as well as foster stronger partnerships between Japanese schools and the rest of the world. Any inquiries regarding this report can be directed to <a href="mailto:lala@gmipost.com?subject=Report%20on%20Education%20in%20Japan" target="_blank" rel="noopener">Lala Cortes</a> and <a href="mailto:karen@gmipost.com?subject=Report%20on%20Education%20in%20Japan" target="_blank" rel="noopener">Karen Lee</a>.
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 titleEducation in the Commonwealth 2021
 descriptionAs of 2019, there were an estimate 5.5 million international students around the world, a significant percentage of which came from China. As the middle class continues to expand in the world's largest economy, more parents seek an international education for their children. With this guide, GMI Post hopes to provide parents and students in China with information that will help them decide which educational institutions in Australia, Canada, New Zealand, and the United Kingdom will best serve their academic objective and warmly welcome them.
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 tagsEducation, Commonwealth, Australia, Canada, UK, New Zealand
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 pdf_pathEducation Guide 2020-For FCMay 03 2021-sm.pdf
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 contentAs of 2019, there were an estimate 5.5 million international students around the world, a significant percentage of which came from China. As the middle class continues to expand in the world's largest economy, more parents seek an international education for their children. With this guide, GMI Post hopes to provide parents and students in China with information that will help them decide which educational institutions in Australia, Canada, New Zealand, and the United Kingdom will best serve their academic objective and warmly welcome them.
 publication_date2021-01-30
 creation_date2021-01-30
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 source_custom_url
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 pdf_path_2Education Guide 2020-ENG.pdf
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 titleGreece 2020
 descriptionWhen Greece and Japan celebrated the 120th anniversary of the establishment of formal diplomatic relations last year, the two countries welcomed "a new era of partnership in business and culture." The milestone came at an auspicious time as Greece continued on its road to economic recovery and Japan strengthened its efforts to expand its relations with Europe as the EU-Japan Free Trade Agreement came into effect.
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 titleLos Angeles 2020
 descriptionAfter 160 years of shared history, the USA and Japan have become strong partners in diplomacy and trade. This is especially evident in Southern California, where Japan remains the largest source of foreign direct investment and significant driver of its economy. As of January 2020, there are around 800 Japanese companies in Southern California, which generate about 80,000 jobs. Both sides look forward to a further flourishing of relations with the accession of Japan's Emperor Naruhito last May and the start of Reiwa Era, which aspires to bring "beautiful harmony" between Japan and its friends, and with a signing of a new limited trade deal.
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 titleNorthern California 2020
 descriptionNow with more than 900 Japanese-affiliated companies in the Bay Area alone, Northern California has once again proven itself to be the hothouse for collaboration and innovation between U.S. and Japanese business. GMI Post returns to Northern California following the success of its last special business report back in 2014. This planned report will identify organizations across the Bay Area that want closer ties with Japan across various industries, such as technology, financial services, retail, manufacturing and agriculture.
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 titleEcuador 2019
 descriptionGMI Post is headed to Guayaquil and Quito to research and prepare a Special Business Report on Ecuador, to be published in the Japan Times in the 4th quarter of 2019, in commemoration of the 100th anniversary of diplomatic relations between Japan and Ecuador. This is part of GMI Post's ongoing series of reports on South America. During last year's visit to Ecuador, Japanese Foreign Minister Taro Kono cited that as more Japanese companies were looking towards Ecuador, more Ecuadorian products were reaching Japanese consumers than ever before. Trade between Japan and Ecuador reached $1.2 billion in 2017 as value-added Ecuadorian products such as cacao, shrimp and bananas have become highly sought after in the Japanese market.
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 titleSaudi Arabia 2019
 descriptionGuided by its Vision 2030, the Kingdom of Saudi Arabia has committed itself to a path of economic, industrial, social and digital transformation. As changes occur at a breakneck pace, the drive towards diversification has been anchored on the kingdom's natural strengths and assets. Among these reforms include the launch of e-visas, which open up Saudi Arabia to a wider variety of tourists from around the world, thereby creating more kinds of opportunities for foreign investment. In developing its partnerships, the Saudi government and business leaders have sharpened their focus on Asia.
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 titlePeru 2019
 descriptionWith its GDP growing an average of 4 percent a year, Peru economy has outperformed those of its neighbors Traditionally a mining country, the country has developed new growth opportunities in non-traditional agricultural exports, manufacturing, tourism and new technologies. Thanks to the Pacific Alliance, the CPTPP and its commitment to globalization, Peru and Japan have found new areas of collaboration on which to forge a stronger relationship for many years to come.
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 titleCanada 2019
 descriptionGMI Post returns to Canada in a reboot of its 2015 Report. This new report will identify various sectors and regions that present the most promising opportunities for increased collaboration, while featuring successful Canadian organizations that are ideal partners in the region.
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 titleSouthern USA 2019
 descriptionGlobal Media Inc. continues its tour of the United States with its upcoming Special Business Report on the Southern USA, covering the States of Florida, Alabama, Tennessee, Kentucky, Mississippi and Louisiana.
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 descriptionGlobal Media continues its coverage of the EU with the Special Business Report on Portugal for Foreign Affairs. Covering the business center of Lisbon, as well as the cities of Porto, Faro, Evora and Coimbra, the report will highlight the country's strengths and contributions to the global market.
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 titleNew Zealand 2019
 descriptionWith its large number of export-focused industries, New Zealand has had to be pragmatic about trade, given the size of its economy and its geographic distance to the world's largest markets. It was the first developed country to sign a free trade agreement (FTA) with China, its largest trading partner followed by Japan and Korea. "We are a geographically isolated nation that places huge reliance on the economic benefit derived from engaging in trade. We need some predictability around that and that is why we really focus and support multilateral agreements," explained Prime Minister Jacinda Ardern, who expanded New Zealand's FTA with Singapore and initiated new trade talks with the European Union.
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 descriptionThe fourth-largest source of foreign direct investment in Texas, Japan has accounted for for more than 200 investments and projects over the last decade. This year marks a milestone in relations between the two sides as the Japan America Society of Houston celebrates its 50th anniversary and U.S.-Japan Council holds the first Japan-Texas summit in the same city in May.
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 titleU.S. Great Plains 2018
 description2018 is an exciting year for the Great Plains because Omaha, the capital of Nebraska, hosts the 50th anniversary of the Japan-Midwest Conference. To mark this milestone, Global Media is producing a special report that will highlight new business opportunities in the states of Missouri, Kansas, Nebraska, Minnesota and North Dakota.
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 titleJapan 2018
 descriptionAs Abenomics shows signs of working, Japan is experiencing record growth. The world is keen to see Japan’s next steps for its comeback as the Asian leader and strategic partner. While Abe’s administration continues to hold trade talks with the US, EU, ASEAN, and other blocs, its different sectors need to demonstrate its capabilities. Manufacturers’ confidence is on a record high, while other fields such as life science and services, continue to rise. The Special Business Report on Japan, tentatively scheduled for publication in the March/April 2018 issue of Foreign Affairs, follows two successful reports in March/April and July/August 2017. It will highlight Japan’s top and growing industries and businesses across prefectures, while identifying opportunities for investment and collaboration available to foreign companies.
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 titleGermany 2018
 descriptionThe economic center of gravity shifts further towards Asia. With over 4 billion people, Asia is becoming a more sophisticated consumer market for goods, services and ideas. And as tastes and standards in this part of the world improve, Western high tech manufacturers and knowledge workers will find ready and willing partners for prosperity. Being the 4th largest economy in the world, Germany has a lot to offer to this massive, diverse market. What does the 'Asian Century' mean for Europe and, as the economic powerhouse of the continent, for German business?
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 titleNorthwest USA 2017
 descriptionAs the primary gateway to the United States, the Northwest USA boasts very deep ties with Japan and still possesses opportunities for partnerships between companies from the two countries. Japan has remained the largest export market for majority of companies from the West Coast.
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 titleKazakhstan 2017
 description2016 was a landmark year for Kazakhstan. It marked the 25th anniversary of the independence of Central Asia’s largest country and establishment of diplomatic relations with Japan. This year, with the hosting of the World Expo, the oil-rich republic wishes to highlight its accession to the World Trade Organization and its commitment to global peace and economic globalization. Just as Japanese Prime Minister seeks closer partnerships with countries around the world as part of his economic stimulus program, Kazakhstan President Nursultan Nazarbayev unveiled his own comprehensive development plan, dubbed “Nurly Zhol” (Bright Path), aimed at raising the standard of living for17 million Kazakhs.
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 titleTaiwan 2017
 descriptionCelebrating over 35 years since the enactment of the Taiwan Relations Act, the Republic of China (Taiwan) and the United States share a special bond. As Taiwan’s third largest trading partner, the U.S. continues to look towards the nation for its expertise in information and biotechnology. Taiwan, Asia’s 5th largest economy, now faces new challenges in the form of further transformation to a high-technology and service-oriented economy. Dubbed the “Silicon Valley of Asia”, Taiwan more than ever is keen on deepening its relationship with the U.S. and with both countries ushering in a change of government, the relationship between the two is expected to continue to flourish.
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 titleJapan 2017, Part 2
 descriptionWhile Japan, of course, boasts of global brands that no longer need any introduction such as Panasonic, Toyota and Sony, the country is an industrial and innovation powerhouse thanks to its small to medium-sized enterprises, which make up more than 98% of the country's businesses.
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 description2016 continues to be a year of momentum for Peru as the recently elected President Pedro Pablo Kuczynski consolidates his country’s position as one of the best performing economies in Latin America. With its many investment opportunities, Peru has become a gateway into South America and a reliable partner for growth. With a shared history that spans more than 140 years, Peru was the first Latin American country to formalize relations with Japan. Both countries have nurtured that long history to deepen their own cultures and economies. Amid increasing areas for cooperation, business leaders from Peru and Japan are exploring new business ventures. Scheduled to be published in February 2017, the Special Business Report on Peru will highlight the success of the country as host of this year’s Asia Pacific Economic Cooperation summit and provide a clear picture of the Peruvian economy.
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 titlePoland 2016
 descriptionWith its GDP growing impressively over the last two decades, Poland is well positioned to become one of Europe’s economic champions. The upcoming Special Business Report on Poland, to be published in the fourth quarter of 2016, will be the first-ever report on this country in Forbes and Forbes Asia. The report aims to promote the nation as a hub for investment, trade, education, and tourism. It will also highlight the little-known success stories from the Polish public and private sectors, while identifying new opportunities for business. The section will also recap the NATO conference in July.
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 titleChile 2016
 descriptionBordered by the Pacific Ocean to the west and by the Andes mountains to the east, Chile has faced geographical challenges in creating trade routes with its nearest neighbors. Undaunted by those limitations, the country has forged free trade agreements with some of the world’s strongest economies, such as the United States, China and Japan. Traditionally a mining economy with the world’s largest copper reserves, Chile has successfully expanded its economic base, capitalizing on its natural beauty to build a dynamic tourism industry and supporting its export sector to attract more investors from Latin America. To mark 120 years of diplomatic relations with Japan and the 10th anniversary of the Chile-Japan Economic Partnership Agreement, the upcoming Special Business Report on Chile in the Japan Times will highlight the stability of the country and its ideal investment climate.
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 titleSouthwest USA 2016
 descriptionIn recent years, the U.S. states of Colorado, Utah, Arizona and Nevada have reported among the fastest-growing economies in the country. With the imminent implementation of the Trans Pacific Partnership – a sweeping trade agreement that brings together the United States and 12 other Pacific Rim countries, including Japan – the world’s largest and third-largest economies are gearing up for a new era in global trade.
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 descriptionDue to its proximity to the nation's political capital and its financial center, the Eastern States play a significant role in promoting trade relations with the rest of the world.
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 titleSouthern USA 2015
 descriptionCovering the Southern United States, the upcoming report serves to promote the robust trade and investment environment in the country and highlight the primary role of Japan and the United States in trans-Pacific trade.
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 contentCovering the Southern U.S.A., the upcoming report serves to promote the robust trade and investment environment in the country and highlight the primary role of Japan and the United States in trans-Pacific trade.
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 descriptionWith its long running and deeply rooted military and security ties with the United States, the Republic of Korea's foreign minister has highlighted the need for the two countries to expand their cooperation in trade and economics.
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 titleU.S. Midwest 2014
 descriptionThe U.S. Midwest has maintained its status and increased prosperity because of the efforts of state governments and companies over many decades to build closer relationships with and lure investment from the world’s third-largest economy, Japan.
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 titleNorthern California 2014
 descriptionServing as an initial pillar of that relationship, agriculture still plays a major role in the relationship between California and Japan. In fact, the Asian country imports more agricultural products from the United States than from any other country. In 2012, exports of agricultural products to Japan reached $7 billion.
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 titleEast Coast 2014
 descriptionTo mark 160 years of diplomatic relations with Japan, U.S. President Barack Obama met with Prime Minister Shinzo Abe in April this year as part of a four-nation Asian tour, wherein regional security and increased trade cooperation dominated the agenda. The state visit — the first by an American president in nearly 20 years — started with Obama’s unequivocal commitment on mutual defense cooperation between the two longtime allies.
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 contentThe East Coast 2014 Report highlights dynamism at the US connection line to Asia. Lorem ipsum dolor sit amet en pluribum dosilii. This is the Content entry field.
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 titleColombia 2013
 descriptionEntering their 105th anniversary, relations between Colombia and Japan have assumed a higher profile over the last few years with high-level trips by officials from both countries, including a state visit to Tokyo by Colombian President Juan Manuel Santos in September 2011.
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 contentEntering their 105th anniversary, relations between Colombia and Japan have assumed a higher profile over the last few years with high-level trips by officials from both countries, including a state visit to Tokyo by Colombian President Juan Manuel Santos in September 2011.
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 titleQatar 2013
 descriptionCurrently the richest country in the Arab world, Qatar is the largest supplier of liquefied natural gas and has the third-largest supply in natural gas reserves, which are projected to last for more than fifty years. But Qatar is also rich in ambition as it embarks on creating a future founded on a limitless resource — knowledge and innovation.
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 contentCurrently the richest country in the Arab world, Qatar is the largest supplier of liquefied natural gas and has the third-largest supply in natural gas reserves, which are projected to last for more than fifty years. But Qatar is also rich in ambition as it embarks on creating a future founded on a limitless resource — knowledge and innovation. Overseen by His Highness the Emir, Sheikh Hamad bin Khalifa Al-Thani, the country has developed the Qatar National Vision (QNV) 2030, which outlines various projects to build a knowledge and talent-based economy within seventeen years. The Qatar Science & Technology Park (QSTP), the first of its kind, began operations five years ago as an initiative of Her Highness Sheikha Mozah bint Nasser to stimulate innovative industries.
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 titleNetherlands 2013
 descriptionThe geographical size of the Netherlands, less than forty-two thousand square meters, belies its huge commanding position in global trade. To facilitate the movement of goods valued at trillions of dollars, the Netherlands has constantly expanded the Port of Rotterdam, the largest in Europe, as well as Schiphol Airport in Amsterdam, the world’s fourth-busiest in passenger traffic. “If you are looking for a foothold in continental Europe where business culture is similar to that in the United States, and for a global hub for the United States with excellent logistics possibilities for the rest of Europe and the world, then the Netherlands is the place to be,” said Foreign Minister Frans Timmermans.
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 contentThe geographical size of the Netherlands, less than forty-two thousand square meters, belies its huge commanding position in global trade. To facilitate the movement of goods valued at trillions of dollars, the Netherlands has constantly expanded the Port of Rotterdam, the largest in Europe, as well as Schiphol Airport in Amsterdam, the world’s fourth-busiest in passenger traffic. “If you are looking for a foothold in continental Europe where business culture is similar to that in the United States, and for a global hub for the United States with excellent logistics possibilities for the rest of Europe and the world, then the Netherlands is the place to be,” said Foreign Minister Frans Timmermans.
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 titleJapan 2013
 descriptionJapan alone has wrestled over the years with the bane of deflation. Deflation robs people of their expectations, turning optimists into pessimists. As I again stand at Japan’s helm, I am driven by a sense of urgency to remedy this scourge of deflation immediately. One way forward will be to take advantage of our resources, which, while incredibly rich, are still largely untapped. One long-neglected resource is our human resources, particularly women and middle-aged and elderly workers.
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 titleAustralia 2012
 descriptionRecent economic history looks different from the perspective of Australia. Unlike other developed countries, Australia emerged unscathed from the global financial crisis that struck in 2008, and the economy did not fall into recession. An open investment climate, flexible markets, a diverse economy, and effective regulatory systems — these characteristics of our economy served us well. As other economies fell back, Australia was able to stimulate the economy without taking on dangerous levels of national debt.
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 titleIndonesia 2011
 descriptionIn the mid-1950s, in the middle of the Cold War, an Indonesian government crumbled in the wake of a vote of no confidence in parliament after it pursued a security agreement with the United States. In 2010, nearly a decade after 9/11, Indonesian President Susilo Bambang Yudhoyono and U.S. President Barack Obama signed the historic Comprehensive Partnership. And during a visit that year, President Obama’s televised speech at Universitas Indonesia was arguably the most anticipated address by a visiting foreign leader in our history.
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 titlePhilippines 2010
 descriptionThe People Power Revolution of February 1986 broke the political evolutionary logjam that followed the proclamation of martial law by Ferdinand Marcos on September 21, 1972. That was how the late Corazon C. Aquino viewed her role in the restoration of democracy after the assassination of her husband, Benigno S. Aquino Jr. on August 21, 1983 and it is what brought her to the fore, when her successors attempted to revise the constitution and eradicate all provisions on term limits.
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Foreign Affairs Focus: Benn Steil on Fed Policy

latest special Reports:

Canada 2024

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Alberta 2024

U.S. Mountain States 2023

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South Korea 2023

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Global Media is your partner in reaching a powerful international audience through high-level economic reporting.

We are a media partner of Foreign Affairs,the United States’ most influential publication, published by the New York-based Council on Foreign Relations.

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