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        • id545756
        • titleRenowned U.S. chip designer wants to end Nvidia's global dominance
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        • descriptionTenstorrent CEO Jim Keller, who worked for Intel, AMD and Tesla, said in an interview with Nikkei Asia that he wants to lower the price of AI applications by designing chips that are more efficient than Nvidia's and, in the process, end the American giant's global market dominance.
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        • content<p><strong>Tenstorrent CEO Jim Keller</strong>, who worked for Intel, AMD and Tesla, said in an interview with Nikkei Asia that he wants to lower the price of AI applications by designing chips that are more efficient than Nvidia's and, in the process, end the American giant’s global market dominance.</p> <figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-13-Tenstorrent.jpg" alt="" /> <figcaption class="image-caption">Tenstorrent CEO Jim Keller (Photo source: Tenstorrent)</figcaption> </figure> <p>Headquartered in Toronto, Tenstorrent has offices in Austin, Texas and Santa Clara, California, as well as in Belgrade, Tokyo, Bangalore, and Seoul. The company claims to be developing AI processors that perform as efficiently as Nvidia's AI GPUs but at a lower cost.</p> <p>At present, Nvidia is the global market leader when it comes to AI chips. Its AI accelerators command between 70% and 95% of the global market share, according to CNBC.</p> <p>Keller also said in the interview that Tenstorrent hopes to sell its second-generation multipurpose AI chip by the end of this year.</p> <p>According to Keller, Tenstorrent can achieve its objective because it does not use high-bandwidth memory (HBM), a popular type of advanced memory chip capable of transferring large amounts of data quickly. HBM is a vital component for generative AI chips and has played a significant role in the success of Nvidia's offerings.</p> <p>But Keller pointed out that HBM was also one of the culprits behind the massive energy consumption and high prices of AI chips.</p> <p>"Even the people that use HBM struggle with the cost of it, [and] the design time to build it,” he said.</p> <p>By doing away with HBM, Tenstorrent will design a chip that can replace both GPUs and HBMs in some areas of AI development, adding that its new product will be "as cost-effective as possible".</p>
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        • section_summaryTenstorrent CEO Jim Keller, who worked for Intel, AMD and Tesla, said in an interview with Nikkei Asia that he wants to lower the price of AI applications by designing chips that are more efficient than Nvidia's and, in the process, end the American giant's global market dominance.
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        • titleITOCHU to take part in Taiwan's smart city project
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        • descriptionTokyo-based trading giant ITOCHU secured a contract to develop and test AI systems that will help run the transportation network and energy infrastructure of a future smart city project in southern Taiwan, according to a company press release.
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        • content<p>Tokyo-based trading giant <strong>ITOCHU</strong> secured a contract to develop and test AI systems that will help run the transportation network and energy infrastructure of a future smart city project in southern Taiwan, according to a company press release.</p> <figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-13-ITOCHU-Taiwan.jpg" alt="" /> <figcaption class="image-caption">ITOCHU plans to roll out AI-powered buses for Taiwan's new smart city project in Tainan. (Photo source: Nikkei Asia)</figcaption> </figure> <p>ITOCHU outbid other parties interested in the Integrated Development Project for Shalun Smart Green Energy Science City located in Tainan. The early-stage contract, according to Nikkei Asia, is worth around $332,000 (10.8 million New Taiwan dollars).</p> <p>According to ITOCHU, the goal is to test its AI systems on a trial basis by the end of October. This is the first time the trading house has officially participated in an overseas smart city project.</p> <p>The Taiwanese government also announced plans to earmark an additional $306.9 million (or 10 billion NTD) to develop the country’s artificial intelligence (AI) industry. In line with this goal, ITOCHU will collaborate with various Taiwanese partners, including IT company Accton Technology and National Cheng Kung University.</p> <p>Home to the world's largest semiconductor maker, Taiwan Semiconductor Manufacturing Company (TSMC), Taiwan has a global market share of 61.7%. CNN estimates that TSMC produces 90% of the world's super-advanced semiconductor chips, which are used to power everything from smartphones to artificial intelligence applications.</p>
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        • section_summaryTokyo-based trading giant ITOCHU secured a contract to develop and test AI systems that will help run the transportation network and energy infrastructure of a future smart city project in southern Taiwan, according to a company press release.
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        • id545758
        • titleMelexis opens its largest wafer testing site in Malaysia
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        • descriptionBelgium-based supplier of semiconductor solutions Melexis has opened its largest wafer testing site worldwide in Kuching in the Malaysian state of Sarawak to strengthen its presence in Asia-Pacific and meet the rising demand for semiconductors around the world, according to a company announcement.
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        • content<p>Belgium-based supplier of semiconductor solutions <strong>Melexis</strong> has opened its largest wafer testing site worldwide in Kuching in the Malaysian state of Sarawak to strengthen its presence in Asia-Pacific and meet the rising demand for semiconductors around the world, according to a company announcement.</p> <figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-13-Melexis.jpg" alt="" /> <figcaption class="image-caption">Melexis' new 70 million-euro facility in Kuching is a nod to the local architectural design. (Photo source: Melexis)</figcaption> </figure> <p>Wafer testing is part of the manufacturing process wherein all individual integrated circuits are checked for functional defects through special test patterns.</p> <p>According to Melexis, its expansion in Malaysia is a strategic move to streamline logistics and reduce its ecological footprint. Additionally, it selected Kuching because of its diverse, multilingual, entrepreneurial and highly skilled workforce.</p> <p><strong>Melexis CEO Marc Biron </strong>said, “With an investment of 70 million euros, this opening underscores the ambition of Melexis and will ensure future growth. With Melexis, we are at the forefront of innovation, and this opening will support us in the markets that we serve.”</p> <p>The new four-storey building, a collaboration of award-winning Belgian architect Sebastian Mortelmans and local architectural firm DNA, covers a ground surface of 4,500 sq. m., making it the company’s largest wafer testing site worldwide. The modern design evokes local longhouse architecture, incorporates advanced energy-saving systems, like a solar installation that can generate 30.000 kWh per month, and minimizes its environmental impact.</p> <p>“Melexis has made the right choice to invest in Sarawak. With political stability, Sarawak is business-friendly and welcomes investments that can create mutual benefits. The Sarawak government has always been very supportive of investors both foreign and domestic. It is among the most preferred destinations for investment in Malaysia,” <strong>Sarawak’s Ministry of International Trade, Industry and Investment </strong>said in a statement<strong>.</strong></p> <p>“Sarawak possesses many comparative advantages for businesses to grow and prosper such as strategic location, availability of green energy, talented workforce, and suitable land for industrial activities,” the statement also said.</p>
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        • section_summaryBelgium-based supplier of semiconductor solutions Melexis has opened its largest wafer testing site worldwide in Kuching in the Malaysian state of Sarawak to strengthen its presence in Asia-Pacific and meet the rising demand for semiconductors around the world, according to a company announcement.
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        • titleITOCHU invests in U.S. hydrogen aircraft engine maker ZeroAvia
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        • descriptionJapanese trading giant ITOCHU announced this month it had invested in ZeroAvia, a British-American maker of hydrogen-electric engines for aircraft, according to a company statement.
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        • content<p>Japanese trading giant <strong>ITOCHU</strong> announced this month it had invested in <strong>ZeroAvia</strong>, a British-American maker of hydrogen-electric engines for aircraft, according to a company statement.</p> <figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-13-Itochu-ZeroAvia.jpg" alt="" /> <figcaption class="image-caption">An aircraft powered by ZeroAvia's hydrogen-electric engines (Photo source: ZeroAvia)</figcaption> </figure> <p>Founded in 2018, ZeroAvia describes itself as “a team of passionate innovators dedicated to bringing safe, zero-emission flight to aviation.” The company claims its hydrogen-electric propulsion systems are “the most environmentally friendly and economically attractive solution to aviation’s growing climate change impact.”</p> <p>According to ZeroAvia, its hydrogen-electric engines cut more than 90% of harmful emissions, lower operating costs by more than 40%, improve air quality and reduce noise pollution in airport communities.</p> <p>Under the deal, ITOCHU will serve as ZeroAvia's distributor in Asia, marking its first investment in a developer of hydrogen engines for aircraft and a further expansion into the aviation industry. ITOCHU is part of Japan Aerospace, which is involved in aircraft sales, and of JAMCO, which manufactures materials for aircraft interiors.</p> <p>According to ITOCHU, this recent investment is part of the company’s long-term goal of helping save the planet by decarbonizing the aviation industry.</p>
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        • section_summaryJapanese trading giant ITOCHU announced this month it had invested in ZeroAvia, a British-American maker of hydrogen-electric engines for aircraft, according to a company statement.
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        • titleVirginia is named the best U.S. state for business
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        • descriptionFor the third time in the last five years, Virginia was ranked America's Top State for Business in 2024 by CNBC, which cited the state for having the best public schools in the country. It grabbed the top spot in 2007, 2009, 2011, 2019, and 2021.
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        • content<p>For the third time in the last five years,<strong> Virginia</strong> was ranked America’s Top State for Business in 2024 by CNBC, which cited the state for having the best public schools in the country. It grabbed the top spot in 2007, 2009, 2011, 2019, and 2021.</p> <figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-13-Virginia.jpg" alt="" /> <figcaption class="image-caption">Fairfax County Economic Development Authority President and CEO Victor Hoskins (Photo source: Fairfax County Economic Development Authority)</figcaption> </figure> <p>“Congratulations to Virginia on being named America’s Top State for Business in 2024 by CNBC, a record six times achieving that designation. I know that Virginia succeeds because of our shared belief that collaboration and innovation yield great results for our businesses and their employees,” said <strong>Fairfax County Economic Development Authority President and CEO Victor Hoskins</strong>.</p> <p>Virginia ranks in the top half or better in each of the study’s 10 categories this year, “a rare feat,” noted CNBC. The state landed in the top 10 in four additional categories: infrastructure (3rd), business friendliness (5th), access to capital (8th) and workforce (9th).</p> <p>For the first time, CNBC counted infrastructure (including the availability of shovel-ready sites) as the most important component for businesses when deciding on investment and cited the Virginia Business Ready Sites Program, as well as its world-class port, rail, roadway, and air transportation ecosystem as major contributors to the recognition.</p> <p>CNBC’s annual ranking measures all 50 states on 128 different metrics in 10 key categories of competitiveness. North Carolina ranked second on the list, followed by Texas, Georgia and Florida.</p> <p>Regarding Virginia’s economic relations with Japan, over $32.5 billion in capital investment has been made by Japanese companies in the last 5 years, according to the Virginia Economic Development Partnership, which also reports that Japanese companies employ more than 15,2000 people in the state.</p>
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        • section_summaryFor the third time in the last five years, Virginia was ranked America's Top State for Business in 2024 by CNBC, which cited the state for having the best public schools in the country. It grabbed the top spot in 2007, 2009, 2011, 2019, and 2021.
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        • titleFANUC America unveils new $110m U.S. robot center in Michigan
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        • descriptionThe U.S. subsidiary of Japanese group FANUC, one of the world's largest makers of industrial robots, has opened a $110 million facility in Michigan to store, sell and maintain made-in-Japan industrial robots for North American customers, according to a statement from FANUC America.
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        • content<p>The U.S. subsidiary of Japanese group <strong>FANUC</strong>, one of the world’s largest makers of industrial robots, has opened a $110 million facility in Michigan to store, sell and maintain made-in-Japan industrial robots for North American customers, according to a statement from FANUC America.</p> <figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-13-FANUC.jpg" alt="" /> <figcaption class="image-caption">Michigan Gov. Gretchen Whitmer (center) with senior officers of FANUC America at its West Campus. (Photo source: FANUC America)</figcaption> </figure> <p>The new 650,000-square-foot facility was inaugurated on July 10 and is located in FANUC America’s West Campus in Auburn Hills, Michigan. The expansion increases the company’s footprint in Michigan to over 2 million square feet and is part of FANUC America’s plan to advance industrial automation in North America. The West Campus represents a $110 million investment built on 67 acres of land.</p> <p>The facility, built on 270,000 square meters, has warehouse space to hold more than 6,000 robots and features automated systems for moving the robots in and out of the building, according to FANUC America.</p> <p>"Our ongoing upward trajectory allows us to better support our customers with cutting-edge robotic and automation solutions, helping to drive more efficiency across all industries,” <strong>FANUC America CEO Michael Cicco </strong>said at the unveiling ceremony.</p> <p>The Japanese company said it would have invested $250 million in North America since 2019 once this and other projects in its pipeline are completed. Currently, FANUC America has created over 400 jobs in Michigan.</p>
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        • section_summaryThe U.S. subsidiary of Japanese group FANUC, one of the world's largest makers of industrial robots, has opened a $110 million facility in Michigan to store, sell and maintain made-in-Japan industrial robots for North American customers, according to a statement from FANUC America.
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        • titleNY-based AI med tech startup raises $50 million
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        • descriptionK Health, a leading AI-driven primary care company that provides 24/7 virtual primary care solutions through its mobile app, announced this month that it had raised $50 million in funding led by Claure Group with participation from investors, including Pablo Legorreta (founder and CEO of Royalty Pharma) and Mangrove Capital Partners, Valor Equity Partners, and Atreides Management.
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        • content<p><strong>K Health</strong>, a leading AI-driven primary care company that provides 24/7 virtual primary care solutions through its mobile app, announced this month that it had raised $50 million in funding led by Claure Group with participation from investors, including Pablo Legorreta (founder and CEO of Royalty Pharma) and Mangrove Capital Partners, Valor Equity Partners, and Atreides Management.</p> <figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-12-NYNJ-K-Health-Alan-Bloch.jpg" alt="" /> <figcaption class="image-caption">K Health founder and CEO Allon Bloch (Photo source: K Health)</figcaption> </figure> <p>K Health said in the same statement that it had been developing its own AI technology for more than seven years. Today, it can provide 24/7 virtual primary care solutions to millions of people in the United States.</p> <p>The K Health platform includes clinical-grade medical chat and AI predictive models based on large datasets to help physicians optimize diagnosis and treatment and focus on patient care.</p> <p>Instead of doctors taking patients through lengthy procedures and manually piecing together their medical history from electronic medical records, K Health allows healthcare providers to engage more quickly and closely with patients by giving them a complete medical chart with patient insights straight from the app.</p> <p>According to K Health, this new model of care delivery achieves dramatically higher quality of care at lower costs compared to traditional primary care.</p> <p>“K Health solves the need to make primary care visits highly personalized by giving doctors AI superpowers that enable them to practice at the top of their license. Our primary care platform offers a concierge medical experience with an assigned provider and 24/7 access to care,” explained<strong> K Health founder and CEO Allon Bloch.</strong></p> <p>“When partnered with leading health systems, this model creates significant benefits to access, clinical outcomes, and patient experience. All you need to get care is your health insurance, a stark contrast to concierge medicine services that typically cost thousands of dollars,” Bloch added.</p> <p>Meanwhile, <strong>Claure Group</strong> <strong>Founder and CEO Marcelo Claure </strong>said: As I invest in the AI landscape, I have found it incredibly difficult to discover companies making tangible, real-world progress with AI. K Health is the first company I've seen successfully using AI to impact millions of lives. They are addressing some of healthcare's greatest challenges by providing accessibility to faster, higher-quality, lower-cost care on a large scale."</p>
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        • section_summaryK Health, a leading AI-driven primary care company that provides 24/7 virtual primary care solutions through its mobile app, announced this month that it had raised $50 million in funding led by Claure Group with participation from investors, including Pablo Legorreta (founder and CEO of Royalty Pharma) and Mangrove Capital Partners, Valor Equity Partners, and Atreides Management.
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        • titleCanadian group seeks more investment opportunities in Cambodia
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        • descriptionOntario-based multinational Lee Li Holdings (LLH) CEO Lee Q. Shim told Cambodian Prime Minister Hun Manet in a meeting at the capital Phnom Penh this month that his company was looking at investment opportunities in the country, including its automotive healthcare, gas and oil, food processing and logistics, automobiles, and exports accreditation sectors.
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        • content<p>Ontario-based multinational <strong>Lee Li Holdings (LLH)</strong> <strong>CEO Lee Q. Shim</strong> told <strong>Cambodian Prime Minister Hun Manet </strong>in a meeting at the capital Phnom Penh this month that his company was looking at investment opportunities in the country, including its automotive healthcare, gas and oil, food processing and logistics, automobiles, and exports accreditation sectors.</p> <figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-12-CAMB-Li-Lee-Holdings.jpg" alt="" /> <figcaption class="image-caption">Cambodia Prime Minister Hun Manet (right) met with Lee Li Holdings President and CEO Lee Q. Shim (Ieft) in Phnom Penh this month. (Photo source: Office of the Prime Minister)</figcaption> </figure> <p>During the meeting, Manet pointed out that the <strong>Cambodia Chamber of Commerce</strong> had two representative offices in Canada (Toronto and Montreal) that promote bilateral trade and assist exporters and importers in their two countries.</p> <p>“Shim’s visit will further contribute to the promotion of trade relations between Cambodia and Canada,” Manet said.<br /><br />The prime minister also encouraged Shim to pursue discussions with relevant ministries and agencies, such as the Ministry of Health, the Ministry of Mines and Energy, and Ministry of Commerce, adding that his government has supported the private sector by encouraging international investment in the country.</p> <p>Canada is one of the largest investors in Cambodia and has brought in around $1.1 billion in foreign direct investment as of 2021, Cambodian socio-economic analyst Chey Tech told The Phnom Penh Post in an interview.</p>
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        • section_summaryOntario-based multinational Lee Li Holdings (LLH) CEO Lee Q. Shim told Cambodian Prime Minister Hun Manet in a meeting at the capital Phnom Penh this month that his company was looking at investment opportunities in the country, including its automotive healthcare, gas and oil, food processing and logistics, automobiles, and exports accreditation sectors.
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        • titleSingapore's National University Hospital unveils trauma care center
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        • descriptionNational University Hospital (NUH), the main teaching hospital of the country's top-ranking National University of Singapore, announced this month the opening of a center focused on providing trauma care to vulnerable groups, particularly children, older adults, and migrant workers.
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        • content<p><strong>National University Hospital (NUH)</strong>, the main teaching hospital of the country’s top-ranking National University of Singapore, announced this month the opening of a center focused on providing trauma care to vulnerable groups, particularly children, older adults, and migrant workers.</p> <figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-12-SG-NU-Hospital.jpg" alt="" /> <figcaption class="image-caption">Key representatives of NUH during the launch of the National University Centre for Trauma (Photo source: Singapore's National University Hospital)</figcaption> </figure> <p>According to the NUH, the center will use a code system to reduce the time between admission to the emergency department and the transfer to an operating theatre. Code Trauma involves the mobilization of all essential staff, including emergency physicians, nurses, surgeons, and anesthesiologists, to accelerate decision-making and response for patients with polytrauma or multiple injuries.</p> <p>“The National University Centre for Trauma represents decades of efforts in refining our trauma care expertise for our injured patients to return to their lives and achieve their dreams. It also aims to prevent trauma from occurring in the first place with data-driven injury prevention efforts,” said <strong>National University Centre for Trauma Director Raj Menon.</strong></p> <p>In line with this, the hospital has rolled out a multi-disciplinary clinic that provides services for recovering trauma patients and conducts meetings to enhance care, rehabilitation, and psychosocial recovery pathways.</p> <p>Today, NUH has over 1,200 beds and serves more than 1 million patients a year with over 50 medical, surgical, and dental specialties. NUH is the only public and not-for-profit hospital in Singapore that provides care for adults, women and children under one roof, including the country’s only pediatric kidney and liver transplant program.</p>
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        • section_summaryNational University Hospital (NUH), the main teaching hospital of the country's top-ranking National University of Singapore, announced this month the opening of a center focused on providing trauma care to vulnerable groups, particularly children, older adults, and migrant workers.
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        • titleEisai aims to release Alzheimer's disease treatment in the U.S. by 2030
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        • descriptionJapanese pharmaceutical company Eisai is developing an Alzheimer's disease treatment that it hopes to release in the United States by 2030, according to a report by Nikkei Asia.
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        • content<p>Japanese pharmaceutical company <strong>Eisai</strong> is developing an Alzheimer's disease treatment that it hopes to release in the United States by 2030, according to a report by Nikkei Asia.</p> <figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-12-Eisai-Alzheimers.jpg" alt="" /> <figcaption class="image-caption">Eisai's headquarters in Tokyo, Japan (Photo source: Bloomberg)</figcaption> </figure> <p>Nikkei Asia reports that small-scale clinical trials are underway to confirm the safety of the drug candidate, which targets tau proteins. Such drugs, though difficult to develop, are expected to be highly effective if successful.</p> <p> </p> <p><span style="font-family: helvetica; font-size: 18pt;"><strong>What are tau proteins?</strong></span></p> <p><br />Tau is a protein that helps stabilize the internal skeleton of nerve cells in the brain (neurons). This internal skeleton has a tube-like shape through which nutrients and other essential substances travel to reach different parts of the neuron. In Alzheimer’s disease, an abnormal form of tau builds up and causes the internal skeleton to fall apart.</p> <p>According to Nikkei Asia<em>, </em>Eisai has developed a drug candidate that would capture tau proteins while its spreads other cells. The company confirmed its effectiveness in animal experiments and has begun clinical trials in humans.</p> <p> </p> <p><span style="font-family: helvetica; font-size: 18pt;"><strong>The race for the cure</strong></span></p> <p> </p> <p>The field of tau-targeting drugs is competitive. Biogen and Bristol-Myers Squibb in the United States have begun the second of three phases of clinical trials. Johnson & Johnson, which is teaming with AC Immune of Switzerland, said in January that it had begun a Phase 2 clinical trial with a dementia vaccine targeting tau proteins.</p> <p>Eisai has started first- and second-phase clinical trials in the United States and Europe. Joint global clinical trials led by research institutes are also underway in Japan, the United States, and Europe for patients with genetic predispositions.</p> <p>Eisai aims to file for approval in the United States first. If approved there, the drug maker intends to commercialize the product in Japan, Europe, Asia and other regions.</p> <p>Currently, more than 55 million people worldwide are reported to have Alzheimer's or other forms of dementia.</p>
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        • section_summaryJapanese pharmaceutical company Eisai is developing an Alzheimer's disease treatment that it hopes to release in the United States by 2030, according to a report by Nikkei Asia.
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        • titleTexas governor goes on an Asia roadshow
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        • descriptionTexas Gov. Greg Abbott has begun a one-week economic mission to Taiwan, South Korea, and Japan, where he will meet top-level officials and leading business leaders to attract new investment in industries crucial to the global economy, the governor's office said.
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        • content<p><strong>Texas Gov. Greg Abbott </strong>has begun a one-week economic mission to Taiwan, South Korea, and Japan, where he will meet top-level officials and leading business leaders to attract new investment in industries crucial to the global economy, the governor’s office said.</p> <figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-12-TX-Governor.jpg" alt="" /> <figcaption class="image-caption">Texas Gov. Greg Abbott (Photo source: Office of the Texas Governor)</figcaption> </figure> <p>The tour of Asia, organized by the Governor’s Economic Development & Tourism Office and the Texas Economic Development Corporation, takes place between July 5 and 13.</p> <p>“As we look towards the future, Texas is leading the way by advancing freedom and opportunity through cooperation and mutual economic development to empower the next generation. Texas offers businesses in critical and emerging industries, such as semiconductors and advanced manufacturing, across the country and around the world the tools and opportunities to grow and thrive,” said Abbott.</p> <p>“I look forward to meeting with business and government leaders in Taiwan, South Korea, and Japan to strengthen our economic and cultural partnerships as we work together to forge the future of innovation,” the governor added.</p> <p>On their bilateral economic relations, Japan remains one of Texas’ largest sources for foreign direct investment projects over the last decade. From 2013 to 2023, Japanese companies have invested $10.87 billion in 129 projects, creating more than 20,000 jobs in Texas.</p> <p>In the first five months of this year, Japanese companies have so far invested $1.47 billion in six additional projects, which are expected to create more than 520 new jobs in Texas. The state’s trade with Japan amounted to $31.2 billion last year, making Japan the fifth-largest total trade partner with Texas.</p> <p>The trip was paid for by the Texas Economic Development Corp., an independently funded and operated nonprofit organization responsible for promoting the state as a premier business location.</p> <p>Together with the Governor’s Economic Development & Tourism Office, Abbott said these two organizations were the cornerstones of his economic development agenda to build a bigger, better Texas.</p>
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        • section_summaryTexas Gov. Greg Abbott has begun a one-week economic mission to Taiwan, South Korea, and Japan, where he will meet top-level officials and leading business leaders to attract new investment in industries crucial to the global economy, the governor's office said.
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        • titleKentucky governor leads economic mission to Japan, Korea
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        • descriptionKentucky Gov. Andy Beshear announced this month that he will head an economic mission to Japan and South Korea next week hoping that he can convince business leaders in those countries as well as interested investors to expand and set up operations in his home state.
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        • content<p><strong>Kentucky Gov. Andy Beshear</strong> announced this month that he will head an economic mission to Japan and South Korea next week hoping that he can convince business leaders in those countries as well as interested investors to expand and set up operations in his home state.</p> <figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-12-KY-Governor.jpg" alt="" /> <figcaption class="image-caption">Kentucky Gov. Andy Beshear (Photo source: Kentucky Today)</figcaption> </figure> <p>According to a statement from the governor’s office, the trip comes towards the end of a record-breaking first term, during which the state secured the highest private sector investment figure in its history. Since taking office in 2109, Beshear has announced 88 projects by Asia-based companies, representing nearly $13 billion in investments and 13,000 new jobs, said the governor’s office.</p> <p>“There is no better place to do business in the United States than right here in Kentucky and this visit will allow us to share that message directly with business leaders in Japan and Korea. We look forward to meeting with existing employers and developing new relationships that will bring good jobs to the commonwealth,” Beshear said.</p> <p>To date, Kentucky has nearly 540 foreign-owned operations that employ more than 117,000 people. The state is home to 200 Japanese-owned facilities that employ 47,000 people and seven Korean-owned businesses that employ 1,200 people.</p> <p>The governor will be joined by his spouse, Britainy Beshear, Cabinet for Economic Development Secretary Jeff Noel, Transportation Cabinet Secretary Jim Gray and other executive officials, whose mission as Team Kentucky is to attract more investment and jobs to the state.</p> <p>Since the beginning of his administration, Beshear has announced around 1,000 private-sector new-location and expansion projects totaling nearly $32 billion in announced investments and creating more than 54,700 jobs.</p>
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        • section_summaryKentucky Gov. Andy Beshear announced this month that he will head an economic mission to Japan and South Korea next week hoping that he can convince business leaders in those countries as well as interested investors to expand and set up operations in his home state.
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        • titleIndonesia sends largest delegation to U.S. investment summit
        • description_old(null)
        • descriptionIndonesia has selected over 80 delegates to attend this year's SelectUSA Investment Summit from June 23 to 26 in National Harbor, Maryland, according to a statement from the U.S. Embassy in the capital Jakarta.
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        • content<p>Indonesia has selected over 80 delegates to attend this year’s <strong>SelectUSA Investment Summit</strong> from June 23 to 26 in National Harbor, Maryland, according to a statement from the U.S. Embassy in the capital Jakarta.</p> <figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-11-NYNJ-Select-USA-Indonesia.jpg" alt="" /> <figcaption class="image-caption">Jason P. Rebholz, the Acting Deputy Chief of Mission of the U.S. Embassy in Indonesia (Photo source: U.S. Embassy & Consulates in Indonesia)</figcaption> </figure> <p>The delegation consists of representatives from private companies and regional state-owned companies, as well as government officials from across the country.</p> <p>“This year, as we celebrate 75 years of diplomatic relations between our two countries, we also mark the milestone of 80 future investors from across sectors and regions in Indonesia joining the SelectUSA Investment Summit 2024. This surpasses previous Indonesian participation since the establishment of the Summit in 2014,” said <strong>Acting Deputy Chief of Mission in Indonesia Jason P. Rebholz.</strong></p> <p>Rebholz also noted that the diverse representation underscores the increasing interest and confidence of Indonesian investors in exploring opportunities in the United States.</p> <p>SelectUSA is a program led by the U.S. Department of Commerce that focuses on facilitating job-creating investment opportunities in the United States and raising awareness of the critical role that international partnerships play in creating broad-based economic prosperity.</p> <p>The annual summit has become a crucial platform for encouraging direct investment into the United States, enhancing economic engagement and bolstering people-to-people connections. It has gathered thousands of investors from around the globe, providing them with valuable insights, resources, and networking opportunities with economic development officials from across the United States.</p> <p>Participants also get access to investment incentives, tax benefits, site selection options, and industry clusters tailored to their specific interests and objectives.</p> <p>The SelectUSA Investment Summit also fosters international partnerships that benefit both the U.S. economy and Indonesian investors, such as the U.S.-Indonesia Comprehensive Strategic Partnership.</p>
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        • section_summaryIndonesia has selected over 80 delegates to attend this year's SelectUSA Investment Summit from June 23 to 26 in National Harbor, Maryland, according to a statement from the U.S. Embassy in the capital Jakarta.
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        • titleVirginia: Danville gets federal support for aviation industry
        • description_old(null)
        • descriptionU.S. Secretary of Commerce Gina Raimondo has approved a $4.1 million grant to the city of Danville, Virginia to build a new aviation training facility, according to a statement from the Economic Development Administration (EDA).
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        • content<p><strong>U.S. Secretary of Commerce Gina Raimondo</strong> has approved a $4.1 million grant to the city of Danville, Virginia to build a new aviation training facility, according to a statement from the Economic Development Administration (EDA).</p> <figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-11-EAST-Danville-VA.jpg" alt="" /> <figcaption class="image-caption">U.S. Secretary of Commerce Gina Raimondo (Photo source: U.S. Economic Development Administration Public Affairs Department)</figcaption> </figure> <p>The 12,532-square-foot aviation training facility will rise at Danville Regional Airport to support aviation maintenance and flight instruction training activities. This EDA investment will be matched with $2.7 million in local funds.</p> <p>“President Biden’s Investing in America agenda is about ensuring that all communities have the resources and opportunities they need to thrive in today’s economy. America’s workers are the source of our country’s innovation and competitiveness, and this EDA grant will support workforce training for in-demand jobs in transportation, logistics, and more,” Raimondo said.</p> <p>Meanwhile, <strong>Assistant Secretary of Commerce for Economic Development Alejandra Y. Castillo</strong> added: “The Economic Development Administration works closely with local communities to support place-based economic growth. This investment in the Danville Regional Airport will support the creation of critical jobs and the development of a resilient regional economy.”</p> <p>“It is critical that we maintain the facilities that drive economic growth in the Commonwealth.</p> <p>This major investment toward the City of Danville will play a pivotal role in enhancing community infrastructure and building a skilled workforce,” said <strong>Gov. Glenn Youngkin</strong>.</p>
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        • section_summaryU.S. Secretary of Commerce Gina Raimondo has approved a $4.1 million grant to the city of Danville, Virginia to build a new aviation training facility, according to a statement from the Economic Development Administration (EDA).
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        • id545746
        • titleTexas: Arlington EDC launches new website
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        • descriptionThe Arlington Economic Development Corporation has launched a newly designed website, ArlingtonTxEDC.com, which features a refreshed logo and easier access to information on the Texan city's economic climate, including interactive visualized data, workforce insights, and available investment incentives, according to a statement from the City of Arlington.
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        • content<p>The <strong>Arlington Economic Development Corporation </strong>has launched a newly designed website, ArlingtonTxEDC.com, which features a refreshed logo and easier access to information on the Texan city’s economic climate, including interactive visualized data, workforce insights, and available investment incentives, according to a statement from the City of Arlington.</p> <figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-11-EAST-Arlington-EDC.jpg" alt="" /> <figcaption class="image-caption">Arlington EDC Executive Director Marty Wieder (Photo source: Arlington EDC)</figcaption> </figure> <p>“As a funded EDC, we're still so young. So, the data, words and photos we include are quite critical for the story we are sharing. This renewal and relaunch should give a clear picture of where Arlington's been, where we are now, and where we're headed, so others can see the value of choosing to come along with us,” said <strong>Arlington EDC executive director Marty Wieder.</strong></p> <p>The new Arlington EDC website will also provide users with news about the latest projects, local business spotlights, small business resources, and other economic happenings in the city, which will also be shared through its digital newsletter.</p> <p>Named by financial website WalletHub in 2024 as one of the best large cities to start a business in the United States, Arlington offers investors access to major airports with non-stop flights to over 200 local and international destinations, generous incentives, world-class entertainment facilities, leading universities, and access to a thriving metropolis of over 6.5 million people.</p>
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        • section_summaryThe Arlington Economic Development Corporation has launched a newly designed website, ArlingtonTxEDC.com, which features a refreshed logo and easier access to information on the Texan city's economic climate, including interactive visualized data, workforce insights, and available investment incentives, according to a statement from the City of Arlington.
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        • titleApple Vision Pro debuts in Singapore, Japan, China, and HK
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        • descriptionLast month, the much-awaited Vision Pro landed in Apple Store locations across Singapore, Japan, mainland China, and Hong Kong. Before its debut in Asia, Vision Pro was limited to the United States, where the product went on sale in February.
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        • tagsSingapore, Japan, China, Hong Kong, Technology
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        • content<p>Last month, the much-awaited Vision Pro landed in Apple Store locations across Singapore, Japan, mainland China, and Hong Kong. Before its debut in Asia, Vision Pro was limited to the United States, where the product went on sale in February.</p> <figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-11-Apple-Vision-Pro.jpg" alt="" /> <figcaption class="image-caption">Apple staff allow customers in Tokyo to try out Vision Pro headsets. (Photo source: Apple)</figcaption> </figure> <p>Expansion into the Asian market appears to be the way <strong>Apple</strong> chose to cement the Vision Pro's position as the default virtual reality/augmented reality headset and broaden its customer base.</p> <p>According to Forbes contributor Anshel Sag, Apple needs this expansion to succeed because of a slump in U.S. sales, where demand for the $3,499 headset dropped after the initial rush. In Japan, the most affordable Vision Pro SKU with 256 GB of built-in storage currently sells for over $3,700 (599,800 Japanese yen).</p> <p>Apple is looking into other markets following the Asian launch, although the tech giant confirmed that the Vision Pro will be available in the United Kingdom, Canada, Australia, France, and Germany from July 12.</p> <p>Analysts will be closely monitoring if these overseas launches will generate new interest and hype for Apple’s newest product.</p> <p>Capable of seamlessly blending digital content with the physical world to deliver powerful spatial experiences, Vision Pro will also be Apple’s first 3D camera. With the Vision Pro, users will be able to record spatial photos and videos for future playback.</p>
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        • section_summaryLast month, the much-awaited Vision Pro landed in Apple Store locations across Singapore, Japan, mainland China, and Hong Kong. Before its debut in Asia, Vision Pro was limited to the United States, where the product went on sale in February.
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        • titleIBM to develop super quantum computers in Japan
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        • descriptionAmerican technology giant IBM has partnered with the National Institute of Advanced Industrial Science and Technology (AIST) in Japan to develop the world's most advanced quantum computers, which are expected to be operational by 2029. This marks IBM's first large-scale collaboration with a foreign institution in quantum computing.
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        • content<p>American technology giant <strong>IBM</strong> has partnered with the <strong>National Institute of Advanced Industrial Science and Technology (AIST) </strong>in Japan to develop the world’s most advanced quantum computers, which are expected to be operational by 2029. This marks IBM's first large-scale collaboration with a foreign institution in quantum computing.</p> <figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-11-IBM-Japan.jpg" alt="" /> <figcaption class="image-caption">Senior officers from IBM and AIST during the signing of the memorandum of agreement in May (Photo source: HPC Wire)</figcaption> </figure> <p>Both parties formalized their partnership last month by signing a memorandum of understanding (MoU), which states their commitment to accelerate the growth of the quantum industry in Japan and foster an ecosystem to maximize business impact.</p> <p>This next-generation quantum computer will have 10,000 quantum bits or ‘qubits,’ or 75 times more than the current generation of quantum computers, which have 133. Existing quantum computers often make errors and are used alongside supercomputers to achieve accurate results. A qubit, the basic unit of quantum information, gauges the performance of a quantum computer.</p> <p>IBM and AIST will address the issue of accuracy by developing a computer that can calculate high-level combinations independently. They will also focus on developing semiconductors and superconducting integrated circuits capable of withstanding extreme temperatures, crucial for quantum computers that operate in near absolute zero environments.</p> <p>This partnership is a significant step towards diversifying the commercial capabilities of quantum computers. Scientists suggest that hardware supporting 20,000 to 30,000 qubits is necessary for transformative research advancements.</p> <p>While IBM plans to start selling 1000-qubit computers by 2025, AIST will train Japanese companies to adopt these systems for research in industries, like pharmaceuticals. The collaboration may also involve Japanese manufacturers to leverage their mass production capabilities.</p>
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        • section_summaryAmerican technology giant IBM has partnered with the National Institute of Advanced Industrial Science and Technology (AIST) in Japan to develop the world's most advanced quantum computers, which are expected to be operational by 2029. This marks IBM's first large-scale collaboration with a foreign institution in quantum computing.
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        • titleJapanese PM lauds stronger ties with North Carolina
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        • descriptionJapan's Prime Minister Fumio Kishida highlighted the growing economic ties between his country and North Carolina, which he visited during a recent official visit to the United States. The country has overtaken Germany as the state's largest source of foreign direct investment, according to the North Carolina Commerce Department.
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        • content<p><strong>Japan’s Prime Minister Fumio Kishida </strong>highlighted the growing economic ties between his country and North Carolina, which he visited during a recent official visit to the United States. The country has overtaken Germany as the state’s largest source of foreign direct investment, according to the North Carolina Commerce Department.</p> <figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-11-Kishida-in-NC.jpg" alt="" /> <figcaption class="image-caption">Japanese Prime Minister Fumio Kishida offers a toast during a luncheon at the State Department in Washington, D.C. (Photo source: Roberto Schmidt/AFP)</figcaption> </figure> <p>During his trip, Kishida visited sites that exemplified the strong connection between Japan and North Carolina, like HondaJet's facility in Greensboro and Toyota’s future battery plant in Randolph County, which is expected to employ 5,000 people when it opens.</p> <p>The prime minister’s visit coincided with Fujifilm Diosynth’s announcement of a $1.2 billion expansion in the state. Other Japanese companies in North Carolina include Morinaga, Astellas Gene Therapies, and Sumitomo Pharma, which collectively employ more than 35,000 people.</p> <p><strong>Gov. Roy Cooper</strong>, who has headed trade missions to Tokyo in 2017 and 2023, hosted a lunch for Kishida in the Executive Mansion in the state capital Raleigh.</p> <p>“North Carolina is an ideal location because of the Research Triangle, its logistical networks, and, more than that, the people. Japanese and North Carolina people are very similar in their resiliency and high work ethic,” said Masashi Mizobuchi, assistant press secretary of Japan's Ministry of Foreign Affairs.</p> <p>Acknowledging the importance of the academic and cultural partnership between North Carolina and Japan, Kishida went to NC State’s Centennial Campus, the first visit by a foreign head of government since 1954, and dropped by Nagoya University’s Global Campus, a symbol of a long-standing partnership in student exchanges and joint research for nearly 40 years.</p> <p>He also met with students from other local universities, like the University of North Carolina at Chapel Hill and Duke University.</p> <p>In October, North Carolina will host the next Southeast US-Japan (SEUS-Japan) conference, which has served as a forum for deeper dialogue and closer collaboration between Japan and states in the southeastern United States.</p>
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        • section_summaryJapan's Prime Minister Fumio Kishida highlighted the growing economic ties between his country and North Carolina, which he visited during a recent official visit to the United States. The country has overtaken Germany as the state's largest source of foreign direct investment, according to the North Carolina Commerce Department.
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        • titleMaestro Technologies: Companies must be adaptable and transformative
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        • descriptionTo understand why digital transformation is now a critical component of success for businesses everywhere, GMI POST sat down with Maestro Technologies Inc. Managing Director Kamal Bathla.
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        • content<p>In today's fast-paced digital era, keeping up with trends is not a strategy but a necessity. Forbes reports that moving into the digital space and focusing on customer experience can raise customer satisfaction by 20-30% and boost revenues by 20-50%.</p> <figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-10-NYNJ-Maestro-Tech.jpg" alt="" /> <figcaption class="image-caption">Kamal Bathla (right) with Paul Ceppi, former Banking and Community Development Director of the New Jersey Economic Development Authority, during the opening of Maestro Technologies' headquarters in Trenton, New Jersey in 2017. (Photo source: New Jersey Economic Development Authority)</figcaption> </figure> <p>To understand why digital transformation is now a critical component of success for businesses everywhere, GMI POST sat down with <strong>Maestro Technologies Inc. Managing Director Kamal Bathla.<br /></strong></p> <p>Founded in 1989, Maestro Technologies is an IT solutions provider that excels in automation, system integration, consulting services, and e-commerce solutions. Its team comprises seasoned professionals with a deep understanding of the ever-evolving IT landscape.</p> <p>“If you look at every single market, you realize that companies have to be adaptable and transformative. We can't build or rebuild an ISP, but what we can do is stay ahead of the game, identify the trend, and provide help to companies who are moving that route," <strong>Bathla said.</strong></p> <p>Maestro is not just keeping up with current trends but also setting the pace in the IT industry by focusing on cutting-edge concepts such as AI.</p> <p>“With new concepts such as AI, cloud migration, cloud computing, and cloud integrations, all these come into play as they allow us to expand our knowledge of the new tech. Many don't have enough time to keep up with the changes, and what we do is see how the clients can benefit from the research we do,” Bathla said.</p> <p>By staying ahead of technological advancements and adapting to market needs, Maestro is helping businesses thrive in the age of e-commerce.</p>
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        • section_summaryTo understand why digital transformation is now a critical component of success for businesses everywhere, GMI POST sat down with Maestro Technologies Inc. Managing Director Kamal Bathla.
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        • titleCodingate: The guiding hand of Cambodian SMEs
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        • descriptionThe COVID pandemic pushed Cambodian businesses to see digital transformation as a need rather than a luxury. SMEs, in particular, faced the biggest challenges in making the transition because of additional costs, the rapid pace of innovation, and resistance to change. They needed a guide to navigate the complexities of digital transformation.
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        • content<p>The COVID pandemic pushed Cambodian businesses to see digital transformation as a need rather than a luxury. SMEs, in particular, faced the biggest challenges in making the transition because of additional costs, the rapid pace of innovation, and resistance to change. They needed a guide to navigate the complexities of digital transformation.</p> <figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-10-CAMB-Codingate.jpg" alt="" /> <figcaption class="image-caption">Codingate Chairman and Co-Founder Sopheakmonkol Sok (Photo source: Codingate)</figcaption> </figure> <p>Established in 2013, <strong>Codingate </strong>became a household name in Cambodia’s IT sector, having delivered more than 500 projects and winning numerous awards in the process by providing innovative digital solutions to clients, including custom software that uses AI. Its AI-powered technology has helped SMEs streamline their operations, boost efficiency, and lower costs.</p> <p>“We start the digitalization process by introducing advanced technology into one aspect of the business and then gradually build a unified system that centralizes management. Our clients appreciate this approach as it allows for a smooth, gradual digital transformation,” <strong>Codingate Chairman and co-founder Sopheakmonkol Sok</strong> told GMI POST.</p> <p>Instead of imposing its solutions on SMEs, Condingate has helped young entrepreneurs by developing software and processes that fit into the core functions of their businesses.</p> <p>“Digital transformation is not just about the strength of the technology or the expertise of the service provider. It’s also about how well it supports the governance of the business. We strive to deliver transformations that will benefit our clients for decades, rooted in their governance values,” Sok stressed.</p> <p>Looking ahead, Codingate is committed to introducing the latest solutions that will support the growth of SMEs in the country.</p> <p>Codingate developed <strong>Gatemaster AI</strong>, a proprietary business advisory technology designed to help businesses analyze vast amounts of data and detect key market trends, customer behavior, and industry benchmarks, thus providing scalable and cost-effective solutions.</p> <p>“Gatemaster leverages the power of generative AI to craft tailored business solutions for our clients based on comprehensive market trend analysis,” Sok said.</p> <p>Another game-changing solution in the pipeline is <strong>Gatecommerce Digital Solution</strong>, a suite of proprietary tools and features aimed at revolutionizing SMEs’ e-commerce operations by digitalizing the entire purchasing process for end-users.</p> <p>“Our latest e-commerce solution is user-friendly even for companies with minimal experience. We see it as a powerful tool to further digitalize Cambodia’s economy,” Sok said.</p>
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        • section_summaryThe COVID pandemic pushed Cambodian businesses to see digital transformation as a need rather than a luxury. SMEs, in particular, faced the biggest challenges in making the transition because of additional costs, the rapid pace of innovation, and resistance to change. They needed a guide to navigate the complexities of digital transformation.
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        • titleDigital Assets 101: An introduction for the cautious digital investor
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        • descriptionHow would you like to lower your risk when investing in digital assets? But how safe are they? Are NFTs the only options? Do central banks vouch for them? It's always helpful to do some research before making your hard-earned money work for you.
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        • content<p>How would you like to lower your risk when investing in digital assets?</p> <figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-10-SG-Alta-Group.jpg" alt="" /> <figcaption class="image-caption">Alta Group Co-Founder and Chief Commercial Officer Benjamin Twoon (Photo source: Alta Exchange)</figcaption> </figure> <p>The Internet has democratized knowledge and many processes. Until a few decades ago, only a select few had access to resources about investing. Today, anyone signed up to a banking or telecommunications platform receives marketing campaigns for investing online.</p> <p>But how safe it is? Are NFTs the only options? Do central banks vouch for them? It’s always helpful to do some research before making your hard-earned money work for you.</p> <p> </p> <p><span style="font-family: helvetica; font-size: 18pt;"><strong>Let’s begin with some basic definitions. </strong></span><br /><br /></p> <p>Digital assets originally applied to media formats stored in a digital environment like documents, pictures and videos. Now, Nasdaq stock market explains that with the emergence of blockchain technology, the term “digital assets” has expanded to include asset-backed tokens, tokenized real estate, cryptocurrencies, and non-fungible tokens (NFT).</p> <p>Tangible assets, like commodities and real estate, are now being tokenized and have created new opportunities for the digital marketplace.<br /><br /></p> <p><span style="font-family: helvetica; font-size: 18pt;"><strong>How many people are investing in digital assets? </strong></span><br /><br /></p> <p>As of 2023, the average daily number of digital asset investors and traders was at 5.9 million. The global value of digital assets is at $1.5 trillion with an expected 33% year-over-year growth rate. Suffice to say, the rapid growth of digital assets has the potential to substantially impact the investment landscape.</p> <p> </p> <p><span style="font-size: 18pt;"><strong><span style="font-family: helvetica;">Why are digital assets becoming more popular among investors?</span> </strong></span></p> <p> </p> <p>According to a survey of 774 institutional investors in the United States and Europe conducted by U.S.-based fintech company Kubera, nearly 80% of respondents said they found digital assets “appealing” for various reasons.</p> <p>The top three reasons were as follows: They lacked correlation with other assets” (36%). They were interesting and innovative (34%). They had a high-potential upside (33%).</p> <p>To find out more, GMI POST spoke with<strong> Alta Group Co-Founder and Chief Commercial Officer Benjamin Twoon,</strong> who believed there was an upward trend when it came to the popularity of investing in digital and alternative assets.</p> <p>Alta, formerly known as Fundnel, is Southeast Asia’s largest digital marketplace for alternative investments and was recently recognized as a Technology Pioneer by the World Economic Forum.</p> <p>Asked about the safety of investing in digital products, Twoon said, “Alta Exchange is accredited by the Monetary Authority of Singapore (MAS). We deal in security tokens that are regulated by the central bank. It’s credible and secure.”</p> <p>For more information about digital and alternative assets, visit <a href="https://alta.exchange/alta-exchange" target="_blank" rel="noopener">Alta Exchange</a> and start your way to investing in secure digital assets.</p>
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        • titleKyowa Kirin pumps $530 million into North Carolina's pharmaceutical hub
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        • descriptionJapanese pharmaceutical company Kyowa Kirin announced plans to invest up to $530 million to build its first North American manufacturing facility in Lee County, North Carolina. The announcement follows the company's earlier decision to invest $200 million in a plant in Sanford, which is expected to create over 102 jobs in the region.
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        • content<p>Japanese pharmaceutical company <strong>Kyowa Kirin</strong> announced plans to invest up to $530 million to build its first North American manufacturing facility in Lee County, North Carolina. The announcement follows the company’s earlier decision to invest $200 million in a plant in Sanford, which is expected to create over 102 jobs in the region.</p> <figure class="image-container floated-right" style="float: right;"><strong><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-10-Kyowa-Kirin.jpg" alt="" /></strong></figure> <figure class="image-container floated-right" style="float: right;"> <figcaption class="image-caption">Sanford Area Growth Alliance CEO Jimmy Randolph (Photo source: Sanford Area Growth Alliance)</figcaption> </figure> <p><strong>Becky Levine, Director of Community Engagement and Public Affairs in Kyowa Kirin North America Manufacturing,</strong> said the $530 million investment figure was a conservative estimate and the company was confident about the potential for further investment.</p> <p>The additional investment is anticipated to boost employment opportunities in the region and strengthen Lee County’s efforts to become a pharmaceutical manufacturing hub in the region.</p> <p><strong> </strong><strong>Sanford Area Growth Alliance</strong> <strong>Chief Executive Jimmy Randolph</strong> said they were “continuing to see a significant amount of interest from various life sciences projects here in Lee County.”</p> <p>Meanwhile, <strong>Kyowa Kirin North America</strong> <strong>Executive Vice President Paul Testa </strong>highlighted the ample supply of specialized manpower and resources within the Sanford and the Research Triangle region.</p> <p>“The plentiful supply of resources in Sanford and Research Triangle region adds to the excitement of collaborating with area colleges, universities, businesses, and civic leaders to ensure that our plans align with Sanford’s vision for growth,” he said.</p> <p>Kyowa Kirin will break ground on the new facility in the second half of the year and hopes to start operations by 2027. The company also anticipates future expansion and is eyeing the 75-acre campus at Helix Innovation Park at The Backyard.</p> <p>North Carolina has supported Kyowa Kirin’s investment by providing $10 million in performance-based state and local incentives for 12 years. North Carolina’s Department of Commerce projects that Kyowa Kirin’s investment will boost the region’s economy by $1.05 billion and significantly increase average local wages.</p> <p>With this investment, Kyowa Kirin joins other esteemed pharmaceutical companies, including Astellas and Pfizer, in establishing a presence in Lee County.</p>
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        • section_summaryJapanese pharmaceutical company Kyowa Kirin announced plans to invest up to $530 million to build its first North American manufacturing facility in Lee County, North Carolina. The announcement follows the company's earlier decision to invest $200 million in a plant in Sanford, which is expected to create over 102 jobs in the region.
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        • title200 Japanese engineers to get training in chip-making in the U.S.
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        • descriptionJapan's state-backed research consortium Leading-edge Semiconductor Technology Center (LSTC) and Japanese chipmaker Rapidus will send 200 engineers to the United States later this year to train at startup Tenstorrent, which makes chips for artificial intelligence, according to a report by Nikkei Asia.
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        • content<p>Japan’s state-backed research consortium <strong>Leading-edge Semiconductor Technology Center (LSTC)</strong> and Japanese chipmaker <strong>Rapidus</strong> will send 200 engineers to the United States later this year to train at startup <strong>Tenstorrent</strong>, which makes chips for artificial intelligence, according to a report by Nikkei Asia.</p> <figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-10-Testorrent.jpg" alt="" /> <figcaption class="image-caption">Tenstorrent's RISC-V Products Chief Architect Wei-Han Lien (Photo source: Tenstorrent)</figcaption> </figure> <p>Candidates for the training program will be mainly graduate students or chip designers from the private sector aged between 30 and 49. After their training, the candidates are expected to return to Japan to work as engineers in the telecommunications, autos, semiconductor industries or at research institutions.</p> <p>Japan’s Ministry of Economy, Trade and Industry has said it will extend $6.4 million in subsidies to support the project, particularly for pre-departure training and living expenses of the trainees while overseas.</p> <p>LSTC is a research group formed by Rapidus and the government in 2022. Members include the University of Tokyo, as well as other national universities and research institutes.</p> <p>Under their partnership, Rapidus and Tenstorrent are seeking to develop specialized AI chips with lower power consumption than the graphics processing units made by U.S.-based Nvidia, the AI sector's current mainstay.</p> <p>“The joint effort by Tenstorrent and LSTC to create a chiplet-based edge AI accelerator represents a groundbreaking venture into the first cross-organizational chiplet development in semiconductor industry,” said <strong>Wei-Han Lien</strong>, <strong>Chief Architect of Tenstorrent’s RISC-V products.</strong></p> <p>“The edge AI accelerator will incorporate LSTC’s AI chiplet along with Tenstorrent's RISC-V and peripheral chiplet technology. This pioneering strategy harnesses the collective capabilities of both organizations to use the adaptable and efficient nature of chiplet technology to meet the increasing needs of AI applications at the edge,” Lien added.</p>
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        • section_summaryJapan's state-backed research consortium Leading-edge Semiconductor Technology Center (LSTC) and Japanese chipmaker Rapidus will send 200 engineers to the United States later this year to train at startup Tenstorrent, which makes chips for artificial intelligence, according to a report by Nikkei Asia.
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        • titleMeet the rising stars of Japan's aerospace sector
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        • descriptionJapanese defense and aerospace startups are capturing the attention of U.S. venture capital investors, filling a gap left by a less-developed domestic funding landscape. This growing interest aligns with Japan's recent push to bolster its defense capabilities, leading to increased foreign investment in the sector.
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        • content<p>Japanese defense and aerospace startups are capturing the attention of U.S. venture capital investors, filling a gap left by a less-developed domestic funding landscape. This growing interest aligns with Japan's recent push to bolster its defense capabilities, leading to increased foreign investment in the sector.</p> <figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-10-Defense-Startups.jpg" alt="" /> <figcaption class="image-caption">Astroscale launched the ADRAS-J mission, the world's first debris inspection spacecraft, in February 2024. (Photo source: Astroscale)</figcaption> </figure> <p>"Businesses overseas are more aware than those at home that an increased budget will expand the defense industry," said Japan’s Ministry of Defense's Acquisition, Technology, and Logistics Agency in a press statement. This heightened awareness among U.S. investors has led to a surge in funding for innovative Japanese startups, particularly those involved in cutting-edge aerospace and defense technologies.</p> <p>One standout example is <strong>Astroscale</strong>, a Tokyo-based company specializing in space debris removal and satellite refueling. The firm made a notable debut on the Tokyo Stock Exchange's Growth market, reflecting the strong confidence in its prospects.</p> <p>“Astroscale's mission to ensure that sustainable space operations has resonated with investors globally,” said <strong>Astroscale Vice President Shunji Izutsu, </strong>a former chief of staff of Japan’s Air Self-Defense Force.</p> <p>To date, Astroscale Holdings is raising $153 million via an initial public offering (IPO) at Tokyo. The Japanese space tech startup said it intended to use the IPO proceeds primarily towards project development and research and development.</p> <p>Astroscale is the first space debris removal company to conduct an IPO and the second space industry global IPO in Japan, following ispace Inc.’s global IPO in 2023.</p> <p>Similarly, <strong>Synspective</strong>, another Tokyo-based startup, has gained attention for its work with synthetic aperture radars, which can capture images in all weather conditions, day or night. The company has been involved in significant government projects, providing valuable data and insights to the Ministry of Defense.</p> <p>This month, Synspective announced that it secured $44.1 million in a Series C funding round and said it will use the money to accelerate its global business expansion.</p> <p>Yuki Takemori, head of the Development Bank of Japan’s Innovation Promotion office, said: “We are now more open to projects we might have previously avoided.”</p> <p>The trend is part of a broader effort by the Japanese government to enhance the country's defense capabilities. Japan plans to increase its defense budget to $270 billion over the next five years, a 1.6-fold increase from previous levels. It will also establish an organization modeled after the U.S. Defense Advanced Research Projects Agency (DARPA), which is known for pioneering technologies like the Internet and GPS.</p> <p>Companies like Mitsubishi Heavy Industries and Mitsubishi Electric are also increasing their focus on defense-related businesses, recognizing the potential for public-private collaboration to drive technological advancements and cost efficiencies.</p> <p><strong>Sparx Group Executive Office Takaki Demichi</strong> highlighted the evolving investment environment: "The support from both government and private sectors is critical for the growth of defense startups."</p> <p>While the United States has a well-established ecosystem for funding defense startups, Japan is still in the early stages of building a similar framework.</p> <p>"The establishment of a robust funding ecosystem is crucial for the long-term success of Japan's defense and aerospace startups," said <strong>Sparx Asset Management’s Head of Space Investment Tadashi Kito</strong>.</p>
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        • section_summaryJapanese defense and aerospace startups are capturing the attention of U.S. venture capital investors, filling a gap left by a less-developed domestic funding landscape. This growing interest aligns with Japan's recent push to bolster its defense capabilities, leading to increased foreign investment in the sector.
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        • titleSurviving storms with Hocklim Engineering
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        • descriptionWhat if businesses could protect themselves from floods and soil erosion? For many business owners in Singapore and other regions prone to natural disasters, intense rainfall and landslides pose real dangers that can cause devastating property damage.
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        • content<p>What if businesses could protect themselves from floods and soil erosion? For many business owners in Singapore and other regions prone to natural disasters, intense rainfall and landslides pose real dangers that can cause devastating property damage.</p> <figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-9-SG-Hocklim.jpg" alt="" /> <figcaption class="image-caption">Hocklim Engineering CEO Yuan Shen Chua receives an award for being part of the pilot batch of enterprises that participated in Enterprise Singapore's Cool Ideas Enterprise. (Photo source: Hocklim Engineering)</figcaption> </figure> <p>GMI POST met with <strong>Hocklim Engineering</strong>, winner of the Singapore International Chamber of Commerce’s Most Sustainable Award in 2021, to ask about the Geobarrier System (GBS), its latest innovation that prevents future slope failure and enhances livability through increased greenery.</p> <p>GBS, jointly developed by the <strong>Housing Development Board (HDB)</strong> and <strong>Nanyang Technical University (NTU)</strong>, is a climate-resilient solution that maintains slope strength during heavy rainfall. The difference in permeability in the distinct layers of the GBS allows rainwater infiltration to be directed away from the slope, preventing oversaturation of the ground.<br /><strong><br /></strong>“The science behind the GBS is quite special because it is designed to prevent rainwater from reaching the slope. It is separated in layers and the air within the particles is used to repel the water,” explained <strong>Hocklim Engineering CEO Yuan Shen Chua.</strong></p> <p>Established in 1988, Hocklim Engineering grew from a small company into a household name in Singapore. According to Chua, the company not only provides civil and geotechnical expertise, but also develops innovative construction solutions, such as automated flood barriers and controlled flood gates with detention drain systems.</p> <p>For more information on the GBS and Hocklim Engineering, visit <a href="http://www.hocklim.com" target="_blank" rel="noopener"><em><strong>www.hocklim</strong></em>.com</a>.</p>
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        • section_summaryWhat if businesses could protect themselves from floods and soil erosion? For many business owners in Singapore and other regions prone to natural disasters, intense rainfall and landslides pose real dangers that can cause devastating property damage.
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        • titleNUS, FedEx forge partnership to advance AI and data science education
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        • descriptionThe National University of Singapore's Institute of Systems Science (NUS-ISS) and FedEx Institute of Technology (FIT) at the University of Memphis have announced a collaboration to enhance AI and data science education.
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        • content<p>The <strong>National University of Singapore’s Institute of Systems Science</strong> (NUS-ISS) and <strong>FedEx Institute of Technology (FIT)</strong> at the University of Memphis have announced a collaboration to enhance AI and data science education. The partnership will capitalize on the strengths and expertise of both institutions to deliver cutting-edge training and innovative learning experiences.</p> <figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-9-SG-NUS.jpg" alt="" /> <figcaption class="image-caption">NUS-ISS CEO Khoong Chan Meng (Photo source: NUS-ISS)</figcaption> </figure> <p>Under this strategic agreement, NUS-ISS will offer its AI and data science courses through FIT to empower professionals and students in and outside of Memphis by sharing essential digital skills.</p> <p>Starting September 2024, adult learners and students of FIT can take up NUS-ISS’ Executive Education courses in Data Driven Decision Making, Data Storytelling, and Machine Reasoning (AI). From October 2024, it will add two other courses: Managing Business Analytics Projects and Problem-Solving Using Pattern Recognition.   </p> <p>“This strategic partnership with The FedEx Institute of Technology at the University of Memphis marks a significant step towards advancing global education in data science, machine learning, and artificial intelligence. It also represents a unique opportunity to merge our training expertise with FIT’s innovative spirit,” said <strong>NUS-ISS CEO Khoong Chan Meng.</strong></p> <p>“At NUS-ISS, we are committed to providing high-quality training that empowers professionals to thrive in today's dynamic technological landscape. Together, we will cultivate a skilled workforce capable of harnessing the power of digital to address complex challenges and drive innovation across industries,” he added.</p> <p>Meanwhile, <strong>Prof. Jasbir Dhaliwal, Executive Vice President for Research & Innovation at the University of Memphis and Executive Director of the FedEx Institute of Technology</strong>, said, “In an increasingly interconnected world, global partnerships are central to servicing the technology skills needs of global corporations.”</p> <p>“This significant partnership in artificial intelligence with the top university in Asia builds on the recent announcement that Elon Musk’s xAI is building the world’s largest supercomputer (its gigafactory of computing) in Memphis. It helps us position our region as the AI capital of Tennessee and the Southeast serving global markets and clients,” Dhaliwal added.</p> <p>NUS-ISS is known for its comprehensive portfolio of programs in critical industry disciplines, such as data science, artificial intelligence, software development, cybersecurity, and digital strategy. Course participants will benefit from NUS-ISS’ unique learning pathways, which combine rigorous academic knowledge with practical industry insights.</p> <p>The courses will be conducted both online and in-person, ensuring accessibility and flexibility for all learners. FIT will oversee the organization and marketing of the courses, ensuring they reach the right audience and maximize impact.</p> <p>The multi-year partnership is a testament to the power of global collaboration in driving educational excellence and innovation and designed to be dynamic and responsive to the evolving needs of the digital landscape. Both FIT and NUS-ISS are committed to continuously reviewing and enhancing the course offerings, ensuring they remain at the forefront of technological advancement.</p>
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        • section_summaryThe National University of Singapore's Institute of Systems Science (NUS-ISS) and FedEx Institute of Technology (FIT) at the University of Memphis have announced a collaboration to enhance AI and data science education.
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        • titleBent on taking New York, one bento box at a time
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        • descriptionFounded originally as FUJI Catering in 2006, the Japanese ready-meal business BentOn began as a humble dream by Toru Furukawa, a third-generation bento (pre-packed meals) business owner from Tokyo who wanted to introduce traditional Japanese bento culture to New York City.
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        • content<p>Founded originally as FUJI Catering in 2006, the Japanese ready-meal business <strong>BentOn</strong> began as a humble dream by <strong>Toru Furukawa,</strong> a third-generation <em>bento</em> (pre-packed meals) business owner from Tokyo who wanted to introduce traditional Japanese <em>bento</em> culture to New York City.</p> <figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-9-NYNJ-BentOn.jpg" alt="" /> <figcaption class="image-caption">BentOn founder and owner Toru Furukawa in the early years of his career (Photo Source: BentOn)</figcaption> </figure> <p>Fueled mostly by ambition, Furukawa grew his business from a humble catering service into a culinary supplier for major events, garnering a loyal following in the wake of his success. From his signature bento boxes and <em>donburi</em> (rice bowls) to a variety of warm and cold noodles, BentOn’s menu is a showcase of authentic Japanese cuisine.</p> <p>Later on, BentOn began catering for larger gatherings with its party platters and <em>bento</em> styles tailored to fit any occasion and budget, all the while sticking to its commitment to quality and authenticity.</p> <p>“When I came to the U.S., not too many people knew what a bento box was. Now, more and more people have become familiar with it and now understand what a well-balanced lunchbox looks like,” Furukawa told GMI POST.</p> <p>Apart from popularizing the concept of bento in the United States, Furukawa has also redefined the meaning of healthy ready-to-eat meals for very busy urbanites accustomed to American-style fast food.</p> <p>BentOn's growth is marked by several notable milestones, including the introduction of <em>bento </em>on-demand and the opening of a state-of-the-art <em>bento f</em>actory in Long Island, which prepares thousands of balanced and nutritious boxed meals daily for households across the country.</p> <p>Looking beyond the growth of his business, Furukawa also wants BentOn to engage more closely with the local community through collaborations with non-profit organizations and participation in local events.</p> <p>“I didn't have high expectations for the potential of a Japanese meal kit. But now, I have come to see that there's actually so much. I actually saw that the Midwest also has a big market for what I have to offer,” Furukawa said.</p> <p>Through his innovative approach and relentless pursuit of excellence, Furukawa has not only brought a taste of Japan to New York but has also made the <em>bento</em> box a beloved staple for lovers of Japanese food.</p>
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        • section_summaryFounded originally as FUJI Catering in 2006, the Japanese ready-meal business BentOn began as a humble dream by Toru Furukawa, a third-generation bento (pre-packed meals) business owner from Tokyo who wanted to introduce traditional Japanese bento culture to New York City.
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        • title3 KPI-tracking tools to propel your business
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        • descriptionThe foundation of a solid growth strategy for any business is its Key Performance Indicators (KPIs). But are you still using Excel spreadsheets to track your key metrics?
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        • content<p>The foundation of a solid growth strategy for any business is its Key Performance Indicators (KPIs). But are you still using Excel spreadsheets to track your key metrics?</p> <p>KPIs are crucial for every business because they help quantify and track its objective by measuring the effectiveness of current operations and anticipating necessary decisions. But, determining which KPIs to consider requires analyzing countless data points generated throughout the business.</p> <p><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK9-CAMB-Growth-KPIs.jpg" alt="" /></p> <p>Unless your firm invests in complex data warehouse solutions or has a dedicated team to process large volumes of data, many crucial data points and potential KPIs might remain hidden.</p> <p>Here are three tools that automate the analytics process and help visualize the most important KPIs for your business’s growth.</p> <p> </p> <p><span style="font-family: helvetica; font-size: 18pt;"><strong>Geckoboard: Real-time dashboards to track your SMART goals</strong></span></p> <p> </p> <p>Trusted by renowned brands like Ikea, AirBnB and Sephora, Geckoboard helps businesses create live dashboards that highlight the most important performance metrics. This tool can pull data from 90 diverse data sources, features a drag-and-drop interface, and integrates easily with popular software like Excel, Google Analytics, and Salesforce.</p> <p>Ideal for fast-moving firms that need to see their KPIs at a glance and require the flexibility to design their own visual dashboards, Geckoboard is one of the simplest and easiest-to-use KPI-tracking tools in the market.</p> <p> </p> <p><span style="font-family: helvetica; font-size: 18pt;"><strong>SimpleKPI: For businesses just starting out</strong></span></p> <p> </p> <p>Looking for an all-in-one KPI tool for your small business and one that is free? Then SimpleKPI is the answer. With more than 1,000 companies using this tool to create interactive dashboards, shareable reports, and deep-dive data analysis, the tool’s user-friendly features help businesses streamline their operations.</p> <p>SimpleKPI integrates with the Microsoft suite and other analytics tools and offers 24/7 customer support. With SimpleKPI, businesses can view their data from various perspectives.</p> <p> </p> <p><span style="font-family: helvetica; font-size: 18pt;"><strong>Asana: Combining project management tools with KPI tracking</strong></span></p> <p> </p> <p>Chosen by 85% of Fortune 100 companies around the world, Asana is an AI-powered work management tool that seamlessly connects the workflow of different departments and allows KPI-tracking at the team and project level. Through a ‘card system’, management can create tasks and objectives and also assign team members to them. The cards help track individual progress, while the dashboard gives a tactical overview of the entire project. </p> <p>These tools can transform how your business tracks and utilizes KPIs, leading to more informed decisions and sustainable growth.</p>
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        • section_summaryThe foundation of a solid growth strategy for any business is its Key Performance Indicators (KPIs). But are you still using Excel spreadsheets to track your key metrics?
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        • titleU.S. chipmaker to invest $3.7 billion in Japan
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        • descriptionMicron Technology Inc. has announced plans to invest up to $3.7 billion (500 billion Japanese yen) in extreme ultraviolet technology over the next few years to introduce EUV technology in the production of memory chips in Japan, the company said in a statement.
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        • content<p><strong>Micron Technology Inc.</strong> has announced plans to invest up to $3.7 billion (500 billion Japanese yen) in extreme ultraviolet technology over the next few years to introduce EUV technology in the production of memory chips in Japan, the company said in a statement.</p> <figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-8-Micron-CEO-Sanjay-Mehrotra.jpg" alt="" /> <figcaption class="image-caption">Micron President CEO Sanjay Mehrotra (Photo Source: DigiTimes)</figcaption> </figure> <p>The announcement comes after the U.S. chipmaker started mass production of its new high-capacity, low-power 1-beta dynamic random access memory (DRAM) chips at its plant in Hiroshima last year. DRAM chips are used in digital electronics that require high memory -capacity, such as PCs, laptops, smartphones, and tablets.</p> <p><strong>Micron President CEO Sanjay Mehrotra</strong> said at the time: “We are proud to be the first to use EUV in Japan and to be developing and manufacturing 1-gamma at our Hiroshima fab. Our plans reflect our continued commitment to Japan, strong relationship with the Japanese government and the exceptional talent of our Micron Hiroshima team.”</p> <p>During the celebration of Micron Technology’s 45th anniversary, Satoshi Nohara, the director-general of the Commerce and Information Policy Bureau under Japan’s Ministry of Economy, Trade and Industry), expressed the government’s support for the company’s planned investments.</p> <p>“Micron is the only company that manufactures DRAM in Japan and is critical to setting the pace for not only the global DRAM industry but our developing semiconductor ecosystem. We are pleased to see our collaboration with Micron take root in Hiroshima with state-of-the-art EUV to be introduced on Japanese soil. This will not only deepen and advance the talent and infrastructure of our semiconductor ecosystem, it will also unlock exponential growth and opportunity for our digital economy,” Nohara said.</p>
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        • section_summaryMicron Technology Inc. has announced plans to invest up to $3.7 billion (500 billion Japanese yen) in extreme ultraviolet technology over the next few years to introduce EUV technology in the production of memory chips in Japan, the company said in a statement.
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        • titleWorld's largest vertical strawberry farm rises in New Jersey
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        • descriptionNew Jersey now hosts the world's first and largest vertical strawberry farm, a 22,000-sq. km. facility operated by U.S-based startup Oishii and founded by Japanese entrepreneur Hiroki Koga, whose mission is to "share the appeal of high-quality Japanese fruit with the world."
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        • content<p>New Jersey now hosts the world’s first and largest vertical strawberry farm, a 22,000-sq. km. facility operated by U.S-based startup <strong>Oishii </strong>and founded by Japanese entrepreneur<strong> Hiroki Koga</strong>, whose mission is to “share the appeal of high-quality Japanese fruit with the world.”</p> <figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-8-Oishii-Co-founder-and-CEO-Hiroki-Koga.jpg" alt="" /> <figcaption class="image-caption">Oishii Co-founder and CEO Hiroki Koga</figcaption> </figure> <p>The farm produces authentic, pesticide-free Japanese varieties of strawberries year-round, using AI to control environmental conditions like temperature, humidity, and light. This technology replicates the optimal harvest conditions found in Japan.</p> <p>Once the strawberries reach perfect ripeness, robots harvest them. The farm is sealed fully from the outside environment to prevent insect and germ contamination and maintain the purity of the harvest. The facility is also eco-friendly as it uses recycled water for irrigation and renewable energy for electricity.</p> <p>Koga was inspired to start Oiishii in 2016 shortly after arriving in the United States, dismayed by the local fruit industry’s focus on quantity over quality. Determined to introduce Japanese fruit culture to the country, he bought Omakase Berry seeds from the Japanese Alps to New York and set up the first indoor vertical strawberry farm in the state.</p> <p>Since starting production in 2017, Oishii’s strawberries have gained popularity for their distinct sweetness and aroma even if their prices are more than three times higher those of U.S. brands.</p> <p>In February, Oishii announced it had received around $126.5 million (20 billion Japanese yen) in funding from NTT Corp, Mizuho Bank, and other investors and will use most of the investment to build a new indoor strawberry farm.</p>
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        • section_summaryNew Jersey now hosts the world's first and largest vertical strawberry farm, a 22,000-sq. km. facility operated by U.S-based startup Oishii and founded by Japanese entrepreneur Hiroki Koga, whose mission is to "share the appeal of high-quality Japanese fruit with the world."
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        • titleNew Jersey opens first investment promotion center in Asia
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        • descriptionChoose New Jersey inaugurated last month an Asia Pacific Center in the Taiwanese capital Taipei in line with its goal to deepen cultural ties with Taiwan, Japan, South Korea, and China and attract Asian investment to the U.S. state.
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        • content<p><strong>Choose New Jersey</strong> inaugurated last month an Asia Pacific Center in the Taiwanese capital Taipei in line with its goal to deepen cultural ties with Taiwan, Japan, South Korea, and China and attract Asian investment to the U.S. state.</p> <figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-8-NJ-Asia-Pacific-Center.jpg" alt="" /> <figcaption class="image-caption">Top officials and industry leaders attend the inauguration of the New Jersey Asia Pacific Center in Taipei, Taiwan. (Photo source: New Jersey Business Magazine)</figcaption> </figure> <p>“With the historic inauguration of the New Jersey Asia Pacific Center, we are unleashing new possibilities and prosperity for our workers and families in New Jersey, in Taiwan, and across the Asia Pacific region,” said <strong>Gov. Phil Murphy.</strong></p> <p>Present at the event was <strong>Choose New Jersey President and CEO Wesley Mathews, </strong>who said, “The opening of the New Jersey Asia Pacific Center marks a critical milestone in our efforts to enhance our presence in some of the world’s most significant economic markets.”</p> <p>Mathews also expressed his excitement about sharing the advantages of New Jersey's world-class talent, location, and innovation-driven economy with partners in the Asia Pacific.</p> <p>In a video message, <strong>Taiwan Vice President Hsiao Bi-khim</strong>, a former New Jersey resident, highlighted the center's potential to boost trade and investment. “I am confident that the opening of the New Jersey Asia Pacific Center will provide strong momentum in boosting trade, investment, and people-to-people ties between Taiwan and the Garden State,” she said.</p> <p>The center, headed by <strong>Sam Lin</strong>, is the group’s fifth international office, joining others in India, Israel, Germany, and Ireland. Lin stressed the center’s role in facilitating increased trade and collaboration, particularly in sectors crucial to New Jersey's economic success, such as technology, life sciences, and clean energy.</p> <p>The event also featured remarks from <strong>Taiwanese Foreign Ministry Secretary General Daniel Diann-Wen Tang</strong>, who told those present, “We appreciate Governor Murphy’s decision to establish New Jersey’s first Asia Pacific Center in Taiwan as it reflects the strategic understanding of Taiwan’s role as a gateway to the broader Indo-Pacific region.”</p>
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        • section_summaryChoose New Jersey inaugurated last month an Asia Pacific Center in the Taiwanese capital Taipei in line with its goal to deepen cultural ties with Taiwan, Japan, South Korea, and China and attract Asian investment to the U.S. state.
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        • titleEve Felder: Balancing tastes and business
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        • descriptionWhat has it been like for America's top culinary school to operate in Singapore, now one of the world's leading food destinations? In an interview with GMI POST, chef and educator Eve Felder shared her experiences as the managing director of the Culinary Institute of America's (CIA) faculty in Singapore for more than 14 years.
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        • content<p>What has it been like for America’s top culinary school to operate in Singapore, now one of the world's leading food destinations? </p> <figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-8-SG-CIA-Singapore-Eve-Felder-Managing-Director.jpg" alt="" /> <figcaption class="image-caption">Culinary Institute of America in Singapore Managing Director Eve Felder (Photo source: CIA Singapore)</figcaption> </figure> <p>In an interview with GMI POST, <strong>chef and educator Eve Felder</strong> shared her experiences as the managing director of the <strong>Culinary Institute of America’s (CIA)</strong> faculty in Singapore for more than 14 years.</p> <p>“I always love to say that Singapore is run like a company, said Felder, who applauds the government’s commitment to be forward-looking.</p> <p>It was in 2010 when the city-state revealed its plans to become the top tourist destination in Asia and the world with the building of Marina Bay Sands and Resorts World Sentosa. It was around the same time the CIA set up its faculty in Singapore.</p> <p>As head of the Singapore faculty, Felder is committed to making the dreams of her students a reality by exposing them to world-renowned chefs and nurturing in them a healthy relationship with food, while respecting their culinary heritage.</p> <p>“These young people love Asian food and work in concepts that honor their heritage,” she said.</p> <p>Because land-scarce Singapore imports 90% of its food, CIA understands the huge challenge of imparting the need to create nutritious and top-quality dishes. To her delight, the government and large food brands agree that chefs can play an important role in forming policies on food safety and production.</p> <p>Through its partnership with Temasek Polytechnic and Singapore Institute of Technology, CIA, under Felder, will produce the next generation of leaders in Singapore’s food industry and culinary scene.</p>
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        • section_summaryWhat has it been like for America's top culinary school to operate in Singapore, now one of the world's leading food destinations? In an interview with GMI POST, chef and educator Eve Felder shared her experiences as the managing director of the Culinary Institute of America's (CIA) faculty in Singapore for more than 14 years.
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        • titleTop Cambodian lawyer shares insights on purposeful leadership
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        • descriptionA senior partner in a well-known law firm in Cambodia, Khieu Mealy has been recognized as one of the best intellectual property experts by various organizations in the country and Southeast Asia, like CMO Asia and Asia Law.
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        • content<p>A senior partner in a well-known law firm in Cambodia,<strong> Khieu Mealy</strong> has been recognized as one of the best intellectual property experts by various organizations in the country and Southeast Asia, like CMO Asia and Asia Law.</p> <figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-8-CAMB-Sok-Siphana-Khieu-Mealy-Senior-Partner-.jpg" alt="" /> <figcaption class="image-caption">Sok Siphana & Associates Senior Partner Khieu Mealy (Photo source: Sok Siphana & Associates)</figcaption> </figure> <p>Alongside her professional commitments at <strong>Sok Siphana & Associates</strong>, Mealy helps form the country’s future leaders by acting like a wise <em>ming</em> (aunt) to young women looking for a mentor.</p> <p>“In my view, all of us are leaders no matter where we are standing or what we do,” she said.</p> <p>With a staff comprising mostly young females, Mealy has taken it upon herself to coach and motivate them to become respected members of Cambodia’s legal sector.</p> <p>“When we recruit, we focus on developing their character and behavior. I encourage my staff to stay informed about market trends, join business networking events, and find ways to differentiate themselves,” she explained.</p> <p>In the early 1990s, Mealy spent four years as a housewife in Geneva to husband Sok Siphana, who had held various positions in government as a minister and worked as legal adviser to some international organizations, before opening the law firm in 1998 and overseeing its expansion outside the capital Phnom Penh. That career change came with some challenges.</p> <p>“My introverted nature was a key internal challenge in the early stages. I was reluctant to reach out to people and felt stressed when setting appointments with high-ranking government officials. Language was another barrier as English is not my mother tongue,” she said.</p> <p>These challenges, however, taught Mealy many important life lessons and honed her business acumen</p> <p>“From my challenges, I have learned to be mindful of the environment and be proactive in dealing with issues,” she said.</p> <p>Consistent and transparent communication with stakeholders at all levels also helped her apply these lessons effectively, in addition to forming strong and dynamic teams.</p> <p>“I strongly believe that I cannot do everything alone and need people who share my vision and mission to achieve our collective ambitious objectives,” Mealy said.</p> <p>By creating a workplace that is open, constructive, and feedback-oriented, Mealy empowers her staff to make decisions and, take risks, thus giving them the space and opportunity to excel. She and he staff live by two important values: fairness and well-being.</p> <p>For the next generation of young female entrepreneurs and professionals, Mealy’s advice is simple: “Know your self-worth and assess your strengths and weaknesses fairly. Never be afraid of grabbing opportunities and hesitating to reach out for advice when faced with challenges.”</p>
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        • section_summaryA senior partner in a well-known law firm in Cambodia, Khieu Mealy has been recognized as one of the best intellectual property experts by various organizations in the country and Southeast Asia, like CMO Asia and Asia Law.
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        • titleEmpowering women in the culinary world: The journey of Tomoko Omori
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        • descriptionOnly 20% of head chefs identify as women, according to 2023 data from recruitment website Zippia, which also showed that only 34% of restaurants in the United States are owned by women. Based on that report, gender equality in the culinary field remains a challenge, but one New York-based company is doing everything it can to even the scales.
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        • content<p>Only 20% of head chefs identify as women, according to 2023 data from recruitment website Zippia, which also showed that only 34% of restaurants in the United States are owned by women. Based on that report, gender equality in the culinary field remains a challenge, but one New York-based company is doing everything it can to even the scales.</p> <figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-8-NYNJ-Katsu-Zen-Tomoko-Omori-Founder-and-CEO.jpg" alt="" /> <figcaption class="image-caption">Katsu Zen founder and CEO Tomoko Omori (Photo source: Katsu Zen)</figcaption> </figure> <p>GMI POST spoke with <strong>Katsu Zen founder and CEO Tomoko Omori</strong>, who has made it her mission to raise women’s roles in the restaurant industry by mentoring and advocating for women entrepreneurs wanting a career in the food business.</p> <p>Calling itself “the gateway to successfully launching a restaurant in the United States,” Katsu Zen USA provides restaurateurs with customized online courses, exclusive restaurant tours, access to food and beverage events, comprehensive market research, and marketing strategies.</p> <p>It also organizes lectures on U.S. market expansion, property and franchise acquisition, operations management, and leadership.</p> <p>Outside of Katsu Zen, Omori reaches out to fellow professionals as a writer and motivational speaker, sharing her journey and insights across the country. Her role as a board member of the New York Japanese Restaurant Association strengthens her influence in the industry.</p> <p>Asked about her experience as a woman in the culinary field, Omori said: “As women, it seems common around the world for us to accept our weaknesses, support each other, and learn from each other. I realized this for the first time when I was surrounded by female entrepreneurs at an EO Global event in Hiroshima. It was the first time I was surrounded with women entrepreneurs, especially Asian women entrepreneurs.”</p> <p>“Women are beautiful – soft on the outside but strong and supportive deep down. I have so much admiration for them and I get inspired by all their journeys,” she added.</p> <p>Through her work in and out of Katsu Zen, Omori hopes to embody the spirit of innovation and empowerment.</p>
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        • section_summaryOnly 20% of head chefs identify as women, according to 2023 data from recruitment website Zippia, which also showed that only 34% of restaurants in the United States are owned by women. Based on that report, gender equality in the culinary field remains a challenge, but one New York-based company is doing everything it can to even the scales.
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        • titleU.S., Japan gear up for trillion-dollar space economy
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        • descriptionWith the global space economy projected to be worth $1 trillion by 2040, it looks like companies in the United States and Japan want to stay ahead of the competition.
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        • content<p>With the global space economy projected to be worth $1 trillion by 2040, it looks like companies in the United States and Japan want to stay ahead of the competition.</p> <figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-8-Space-Economy.jpg" alt="" /> <figcaption class="image-caption">A rendering of Sierra Space's Dream Chaser spaceplane in orbit. (Photo source: Sierra Space)</figcaption> </figure> <p>In 2021, IHI Aerospace worked with the Japan Aerospace Exploration Agency to build a docking system that complied with the International Docking System Standard (IDSS). Both their active and passive docking systems are expected to be important supporting technologies for NASA’s Artemis Program.<br /><br />IHI Aerospace, according to an article in Nikkei Asia, will start delivery of docking connectors for Sierra Space by 2026. <strong>Sierra Space</strong> is a privately owned aerospace and space technologies company based in Louisville, Colorado, and provides a mix of products and services in three areas: transportation, destinations, and applications.</p> <p>“There is potential for Japanese products to expand export opportunities even beyond Sierra,” said a representative from Japan-owned Kanematsu, whose activities include aerospace and space-related technologies.</p> <p>Meanwhile, Steve Berroth, general manager and senior vice president of Sierra Space’s Earth Space Systems said: “Our mission at Sierra Space is to create a platform in space to benefit life on Earth. In realizing that vision, safety is paramount in everything we do in commercial space station design and development.”</p> <p>“IHI Aerospace shares this commitment and we are confident that the company’s passive docking system is the optimal technology to integrate into our platform,” he added.</p> <p>Last September, four Japanese companies – Tokio Marine, MUFG Bank, Kanematsu, and Nichido Fire – raised $290 million to back Sierra Space’s project to develop the world’s first commercial space station. With the increased funding, the much-anticipated successor to the International Space Station is now valued at $5 billion.</p>
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        • section_summaryWith the global space economy projected to be worth $1 trillion by 2040, it looks like companies in the United States and Japan want to stay ahead of the competition.
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        • titleU.S. Steel, Nippon Steel bag non-U.S. approvals for mega-merger
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        • descriptionU.S. Steel and Japan's Nippon Steel have secured all the needed regulatory approvals outside the United States related to its planned $14.9 billion merger.
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        • content<p><strong>U.S. Steel</strong> and Japan's <strong>Nippon Steel</strong> have secured all the needed regulatory approvals outside the United States related to its planned $14.9 billion merger. The deal, which will create one of the world’s largest steel producers, now requires the approval of U.S. regulatory and antitrust authorities.</p> <figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-8-Nippon-Steel.jpg" alt="" /> <figcaption class="image-caption">Based in Tokyo, Nippon Steel outbid other global giants, like Cleveland-Cliffs, ArcelorMittal, and Nucor, to buy U.S. Steel. (Photo source: Nikkei Asia)</figcaption> </figure> <p>The transaction, however, has faced opposition from U.S. President Joe Biden and the powerful United Steelworkers. The president expressed his wish that U.S. Steel remain domestically owned, while the union fears potential job losses.</p> <p>The U.S. Department of Justice is also scrutinizing the deal, adding another layer of regulatory examination.</p> <p>To allay those fears, Nippon Steel has pledged to honor all existing agreements between U.S. Steel and the steelworkers union. Additionally, Nippon Steel has committed to moving its U.S. headquarters to Pittsburgh to align more closely with U.S. Steel's base of operations.</p> <p>The merger has already received approval from the European Commission, Mexican Federal Economic Competition Commission, Serbian Competition Commission, Slovakia's Ministry of Economy, Turkey's Competition Authority, and the UK's Competition and Markets Authority, among others.</p> <p>“We are pleased with the regulatory approvals received as they are a clear indication that the transaction with Nippon Steel is pro-competitive and supports the strategic merits of foreign investment,” said <strong>U.S. Steel President and CEO David B. Burritt</strong>.</p> <p>“Together with Nippon Steel, U.S. Steel will become a world-leading steelmaker with enhanced technologies and resources to support a stronger steel industry with enhanced competition. This deal is the best deal for American steel, the best deal for American jobs and the best deal for America’s ability to create an even stronger alliance with Japan against China,” he added.</p> <p>Meanwhile, <strong>Nippon Steel Representative Director and Vice Chairman Takahiro Mori</strong> said: “We appreciate this significant milestone of receiving regulatory approvals necessary to consummate the transaction from all non-U.S. authorities. Our goal for this transaction has been clear and consistent – to protect and grow U.S. Steel. We are confident that this transaction will be for the benefit of all of U.S. Steel’s stakeholders, including customers, employees, suppliers, and communities.”</p> <p>In April, U.S. Steel shareholders voted overwhelmingly for the merger. Of 71% of outstanding shares that participated, 99% backed the deal. The companies hope to finalize the sale in the second half of 2024, contingent on obtaining the necessary U.S. regulatory approvals.</p>
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        • section_summaryU.S. Steel and Japan's Nippon Steel have secured all the needed regulatory approvals outside the United States related to its planned $14.9 billion merger.
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        • titleU.S. and Japan to launch defense collaboration forum
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        • descriptionFollowing up on the recent agreement between U.S. President Joe Biden and Japanese Prime Minister Fumio Kishida to strengthen defense cooperation, the United States and Japan will convene next month the first Forum on Defense, Industrial Cooperation, Acquisition, and Sustainment (DICAS) wherein they will identify the priorities to boost their partnership.
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        • content<p>Following up on the recent agreement between U.S. President Joe Biden and Japanese Prime Minister Fumio Kishida to strengthen defense cooperation, the United States and Japan will convene next month the first Forum on Defense, Industrial Cooperation, Acquisition, and Sustainment (DICAS) wherein they will identify the priorities to boost their partnership.</p> <figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-8-Defense-Forum.jpg" alt="" /> <figcaption class="image-caption">American and Japanese soldiers during a joint defense exercise. (Photo source: Council of Foreign Relations)</figcaption> </figure> <p>The two-day event will feature discussions between <strong>William LaPlante</strong>, U.S. undersecretary of Defense for Acquisition and Sustainment, and <strong>Masaki Fukasawa</strong>, Commissioner of Japan’s Acquisition, Technology and Logistics Agency, on how to increase the current co-production capacity of Patriot surface-to-air-missiles and future co-development of common jet trainers.</p> <p>Currently, Japan’s Mitsubishi Heavy Industries has a licensing agreement with U.S. defense contractor Raytheon to manufacture Patriot missiles. Following the amendment of its defense export guidelines last December, Tokyo is also working on replenishing U.S. stockpiles of these missiles.</p> <p>On the second day, both sides will launch the Ship Repair Council, a meeting focused on the short-term maintenance of U.S. Navy ships located in Japanese shipyards. Post-Cold War, Japan became a crucial hub for maintaining U.S. Navy ships because many American shipyards had closed and the remaining ones faced huge backlogs in repairs.</p> <p>Integrating industrial bases with Japan is particularly important for the United States because of supply shortages stemming from its financial and weapon commitments in the Ukraine-Russia war and the recent conflict between Israel and Hamas.</p> <p>The DICAS meeting is expected to result in an increase in missile production by Japan to support U.S. commitments.</p>
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        • section_summaryFollowing up on the recent agreement between U.S. President Joe Biden and Japanese Prime Minister Fumio Kishida to strengthen defense cooperation, the United States and Japan will convene next month the first Forum on Defense, Industrial Cooperation, Acquisition, and Sustainment (DICAS) wherein they will identify the priorities to boost their partnership.
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        • titleHow a Cambodian firm has made ESG a competitive advantage
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        • descriptionPromoting ESG investments can be more than just selecting projects with existing environmental and social goals. This is especially true in emerging markets, where understanding of ESG compliance can be limited for local businesses.
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        • content<p>Promoting ESG investments can be more than just selecting projects with existing environmental and social goals. This is especially true in emerging markets, where understanding of ESG compliance can be limited for local businesses.</p> <figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-7-CAMB-IDI-and-IDI-Capital-Chairman-Hor-SereyVath.jpg" alt="" /> <figcaption class="image-caption">IDI and ID Capital PLC Chairman Hor SereyVath</figcaption> </figure> <p>In Cambodia, an organization has elevated ESG standards so that they create a powerful double win: greater social and economic impact and increased attractiveness to foreign investors.</p> <p><strong>ID Capital</strong>, a part of Cambodia’s Innovation and Development Investors Association (IDI), exemplifies this approach. It fosters an entrepreneurship ecosystem by nurturing projects contributing to regional economic development and empowering local businesses.</p> <p>“We founded IDI during COVID to support local businesses and individuals impacted by the pandemic. As investors and businesspeople, we felt responsible to back businesses with strong community impact potential,” <strong>IDI and ID Capital PLC Chairman Hor SereyVath </strong>told GMI POST.</p> <p> </p> <p><span style="font-size: 18pt;"><strong><span style="font-family: helvetica;">Beyond funding: Building ESG-ready businesses</span> </strong></span></p> <p> </p> <p>Since its founding, ID Capital has supported over 90 projects in diverse sectors, like agriculture, education, finance, healthcare, and real estate, contributing to Cambodia’s major investment markets. What sets ID Capital apart is its focus on partnership, not just investment. </p> <p>“Many homegrown Cambodian businesses lack an international perspective. This limits their potential and makes them less attractive to foreign investors. ID capital steps in as a partner, providing expertise in managing capital and achieving ESG compliance, which is a key factor for attracting overseas investors,” SereyVath said.</p> <p><strong> </strong></p> <p><span style="font-family: helvetica; font-size: 18pt;"><strong>Building trust with transparency</strong></span></p> <p> </p> <p>ID Capital’s commitment extends beyond its projects. It advocates for responsible investment from its partners, primarily foreign investors, ensuring their funds go towards impactful ventures. To achieve this, they tackle ‘information asymmetry’.</p> <p>“Many foreign investors have limited or biased information about Cambodia’s investment landscape. We bridge the gap by conducting due diligence and providing consolidated information. This builds trust with our partners, setting us apart in the market.” ServeyVeth said.</p> <p>By building bridges and fostering responsible investment, ID Capital has proven that ESG is a win-win for both businesses and investors.</p>
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        • titleEnveritas: Pioneering sustainable practices in coffee and cocoa farming
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        • descriptionA trailblazer in sustainability assurance, Enveritas is transforming the coffee and cocoa sectors by providing comprehensive insights into the social, economic, and environmental practices of smallholder farms.
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        • content<p>A trailblazer in sustainability assurance, <strong>Enveritas </strong>is transforming the coffee and cocoa sectors by providing comprehensive insights into the social, economic, and environmental practices of smallholder farms.</p> <figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-7-NYNJ-Enveritas-CEO-David-Browning.jpg" alt="" /> <figcaption class="image-caption">Enveritas CEO David Browning</figcaption> </figure> <p>Each year, Enveritas visits over 100,000 farms across more than 30 countries in Asia, Africa, and Latin America, allowing them to capture a detailed picture of the conditions and challenges faced by farmers around the world.</p> <p>The organization collaborates with leading coffee roasters and chocolate companies, assessing and understanding the sustainability issues within their supply chains based on Enveritas' rigorous standards. Notably, the companies shoulder the costs of these assessments and not the farmers. This inclusive approach enables small farmers to access sustainability-based export markets, from which they might otherwise be excluded.</p> <p>Enveritas awards a responsible sourcing claim to companies that meet three critical steps: verification of purchases and traceability; annual sustainability assessments of sourcing areas; and continuous improvement investments proportional to the company’s purchases.</p> <p>“Around 2016, we were able to unlock new abilities to help understand what was happening on the ground and help farmers with satellite imagery. That was coupled with the evolution of deep learning,” he said. <strong>Enveritas CEO David Browning </strong>told GMI POST.</p> <p>According to the CEO, the new technology has enabled local producers to increase production at far lower cost and far higher quality, while observing sustainability practices.</p> <p>“This is how we re-engineered sustainability assurance and truly leverage technology to help farmers on the ground,” Browning said.</p> <p>"Our goal is to eliminate poverty in the coffee sector by 2030. There's about 12.5 million coffee farmers in the world and about half of those farms have an income below the poverty line,” he added.<br /><br />Enveritas helps these farmers by providing tech support that improves their productivity and training them on basic regenerative agricultural practices, like mulching and pruning.</p>
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        • section_summaryA trailblazer in sustainability assurance, Enveritas is transforming the coffee and cocoa sectors by providing comprehensive insights into the social, economic, and environmental practices of smallholder farms.
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        • titleSingapore and China want closer partnerships in sustainability
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        • descriptionDuring the 2nd China-Singapore Green Finance Taskforce meeting last month, the Monetary Authority of Singapore (MAS) and People's Bank of China (PBC) discussed initiatives to advance cooperation in green and transition finance between their two countries.
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        • content<p>During the 2nd China-Singapore Green Finance Taskforce meeting last month, the <strong>Monetary Authority of Singapore (MAS)</strong> and <strong>People’s Bank of China (PBC)</strong> discussed initiatives to advance cooperation in green and transition finance between their two countries.</p> <figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-7-SG-Monetary-Authority-Gillian-Tan-Chief-Sustainability-Officer.jpg" alt="" /> <figcaption class="image-caption">Monetary Authority of Singapore Chief Sustainability Office Gillian Tan</figcaption> </figure> <p>The initiatives discussed covered the alignment of taxonomies, facilitation of green finance flows, and the development of a decarbonization rating platform.</p> <p>The two sides also discussed emerging areas of interest, including nature and biodiversity, ESG data model interoperability, and the use of AI and advanced data analytics to facilitate the collection, access and optimization of high-quality ESG data to drive green efforts.</p> <p>According to a statement to local media, <strong>MAS Chief Sustainability Office Gillian Tan, </strong>who co-chairs the task force with China Green Finance Committee Chair Dr. Jun Ma, said: “The GFTF is a key platform for China and Singapore to jointly develop concrete and meaningful initiatives to advance green finance cooperation.”</p> <p>“The wide range of deliverables announced today is a testament to the strong collaboration between MAS, PBC, and industry partners from both countries and our shared ambition to mobilize the financing required for an effective transition to net zero in the region,” Tan added.</p>
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        • section_summaryDuring the 2nd China-Singapore Green Finance Taskforce meeting last month, the Monetary Authority of Singapore (MAS) and People's Bank of China (PBC) discussed initiatives to advance cooperation in green and transition finance between their two countries.
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        • titleTexan judge heads economic delegation to Japan
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        • descriptionBexar County Judge Peter Sakai led a five-day working visit to Japan last month to meet with companies that could relocate their businesses or expand their operations into the San Antonio region.
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        • content<p><strong>Bexar County Judge Peter Sakai </strong>led a five-day working visit to Japan last month to meet with companies that could relocate their businesses or expand their operations into the San Antonio region.</p> <figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-7-TX-Bexar-County.jpg" alt="" /> <figcaption class="image-caption">Bexar County Judge Peter Sakai (Photo source: The San Antonio Report)</figcaption> </figure> <p>“We have a couple of Japanese businesses that are proposing to come in immediately, so I will pay them a visit,” Sakai told the local San Antonio Report before leaving the United States.</p> <p>Japanese companies, according to data from <strong>Texas Economic Development</strong> reported 119 investment projects, $6.9 billion in capital investment, and 19,620 new jobs created by 96 companies over the last decade.</p> <p>Bexar County, the largest county in San Antonio, is home to over 1,700 Japanese and Japanese-American citizens and more than 12 Japanese multinational corporations.</p> <p>“There’s a lot of discussion, and perhaps diverse opinions, as to the effectiveness of our current workforce. One of the reasons I want to go to Japan is to make sure they feel that the skill set of the labor that they’re getting satisfies their needs,” Sakai said.</p> <p>Sakai became the first Asian American executive of Bexar County in January 2023. A second-generation Japanese American, he is the grandson of farmers who left Japan to build new lives in the United States.</p>
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        • section_summaryBexar County Judge Peter Sakai led a five-day working visit to Japan last month to meet with companies that could relocate their businesses or expand their operations into the San Antonio region.
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        • titleGoogle forms solar energy partnerships for its Japan data centers
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        • descriptionGoogle has partnered with two Japanese renewable energy providers, Clean Energy Connect (CEC) and Shizen Energy, to build dedicated solar farms for its data centers in the country. The power purchase agreements with the two companies mark Google's first such collaboration in Japan.
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        • content<p><strong>Google</strong> has partnered with two Japanese renewable energy providers, Clean Energy Connect (CEC) and Shizen Energy, to build dedicated solar farms for its data centers in the country. The power purchase agreements with the two companies mark Google’s first such collaborations in Japan.</p> <figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-7-Google-Solar-Energy.jpg" alt="" /> <figcaption class="image-caption">Google Japan Vice President Shinji Okuyama (Photo source: Nikkei Global Management Forum</figcaption> </figure> <p>“The PPAs will add a total of 60 megawatts of new solar energy capacity to the Japanese grid, which will not only support Google’s data centers in the region but also align with Japan’s clean energy ambitions,” said <strong>Google Japan Vice President Shinji Okuyama.</strong></p> <p>The agreement with CEC, a partner of Itochu Corporation and Kansai Electric Power, involves a $63.9 million (10 billion Japanese yen) investment to build a network of 800 small-scale solar plants across multiple grid regions in Japan by 2026.</p> <p>This decentralized approach addresses the challenges of large-scale solar projects in the country with a limited availability of land.</p> <p>Meanwhile, Shizen Energy will develop a 20-megawatt solar project to support Google’s latest data center in Inzai City, Chiba prefecture. The project is expected to be fully operational in 2027.</p> <p>Stating the initiative was “just the beginning of Google’s decarbonization efforts in the region,” the tech giant is committed to investing around $690 million (about 100 billion Japanese yen) into expanding its sustainable infrastructure in Japan. While renewable energy accounts for 90% of Google’s power consumption in the United States, Denmark, and Finland, it only provides 16% of its Japanese operations.</p> <p>The PPAs are expected to last between 15 to 20 years, allowing Google to estimate the accurate cost of scaling its renewable energy projects to support upcoming data centers in Hiroshima and Wakayama prefectures.</p> <p>Google’s decarbonization efforts in Japan will be marked by ‘non-fossil certificates,’ validating the source of the energy used by its data centers. The first certificate will be used by Google’s facility in Chiba Prefecture, Tokyo.</p>
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        • section_summaryGoogle has partnered with two Japanese renewable energy providers, Clean Energy Connect (CEC) and Shizen Energy, to build dedicated solar farms for its data centers in the country. The power purchase agreements with the two companies mark Google's first such collaboration in Japan.
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        • titleU.S. group to acquire KFC Japan for $835 million
        • description_old(null)
        • descriptionU.S. private equity group Carlyle Group Inc. has announced its intention to take over KFC Holdings Japan, the operator of KFC restaurants in the country, for around $835 million (130 billion Japanese yen).
        • credit_id48
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        • content<p>U.S. private equity group <strong>Carlyle Group Inc.</strong> has announced its intention to take over KFC Holdings Japan, the operator of KFC restaurants in the country, for around $835 million (130 billion Japanese yen).</p> <figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-7-Carlyle-KFC.jpg" alt="" /> <figcaption class="image-caption">KFC is part of a popular tradition among Japanese during Christmas. (Photo source: CNN)</figcaption> </figure> <p>Carlyle will initiate a tender offer for the Tokyo-listed company at 6,500 Japanese yen per share, representing roughly a 20% premium over the stock’s most recent closing price of 5,400 yen. If successful, the acquisition will mark the exit of Mitsubishi Corp., which is backed by Berkshire Hathaway and currently holds a 35% stake in KFC Japan.</p> <p>KFC Japan has expressed its support for Carlyle's offer, which first appeared in the national business paper Nikkei in April. The tender period will run until July 9 and Carlyle is set to acquire Mitsubishi's stake as soon as September in a transaction estimated to reach $257.6 million (40 billion Japanese yen).</p> <p>Carlyle’s goal is to broaden KFC Japan's menu by introducing more lunch and afternoon items.</p> <p>For the fiscal year ending March 2024, KFC Japan reported an 11% increase in group sales to $712.3 million (110.6 billion Japanese yen) and a 62% surge in operating profit to $37.4 million (5.8 billion Japanese yen).</p> <p>Mitsubishi introduced KFC to Japan in 1970 as a joint venture with the U.S. chain. In 2007, it increased its stake to more 60%, thus becoming the parent company, before reducing its holdings in 2015 as part of its plan to improve capital efficiency.</p> <p>Carlyle has a notable history in the restaurant sector in Asia. It manages the McDonald's and Dunkin' Donuts chains located in China. In Japan, it took pub style <em>izakaya</em> operator Chimney private and relisted it in 2012.</p>
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        • section_summaryU.S. private equity group Carlyle Group Inc. has announced its intention to take over KFC Holdings Japan, the operator of KFC restaurants in the country, for around $835 million (130 billion Japanese yen).
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        • title3 tips for startup founders in emerging markets
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        • descriptionA key element in Cambodia's five-pronged long-term development plan is the strengthening of the country's digital economy by expanding connectivity, broadening digital payment systems, and facilitating last-mile logistics services, among other steps.
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        • content<p>A key element in Cambodia’s five-pronged long-term development plan is the strengthening of the country’s digital economy by expanding connectivity, broadening digital payment systems, and facilitating last-mile logistics services, among other steps.</p> <figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-6-CAMB-Startups.jpg" alt="" /> <figcaption class="image-caption">Home to around 600 tech startups, Cambodia is quickly becoming a popular destination for startup investments.</figcaption> </figure> <p>Internet penetration among the youth, who make up most of the population, is robust at 85%, creating a wealth of opportunities for digital products and services.</p> <p>The present situation has given startups an advantage over traditional businesses in terms of scalability, efficiency, and quick adaptability to shifting market trends. By embracing digital transformation from the outset, new organizations can streamline workflows by automating tasks, strategizing supply chain effectively, and developing new growth models.</p> <p>Startups often worry about the cost of new embracing technologies. But, the beauty of digital transformation is that it doesn’t have to be expensive.</p> <p>Here are three ways startups in emerging markets can adapt digital transformation without breaking the bank:</p> <p> </p> <p><span style="font-family: helvetica; font-size: 18pt;"><strong>Innovate with your target consumer from the get-go</strong></span></p> <p> </p> <p>Invite possible users of your solution to collaborate during the strategy’s conception, evaluation, and development stages. Known as “co-creation,” the process involves using customer input throughout the product development cycle. The best innovations respond to customers’ needs identified through this collaborative process. By doing this, startups avoid the temptation of creating solutions simply because they are popular.</p> <p> </p> <p><span style="font-family: helvetica; font-size: 18pt;"><strong>Design a scalable and adaptable business model</strong></span></p> <p> </p> <p>Startups should continually evaluate if their business model is scalable and adaptable to sudden changes in the market. Workflows should be optimized for unexpected increases in demand, and reliance on manual resources should be minimized in case of supply issues.</p> <p>Organizations must consider their ability to respond quickly to external opportunities and threats. An integral part of digital transformation is using technology to innovate business models and be ready for any changes.</p> <p> </p> <p><span style="font-family: helvetica; font-size: 18pt;"><strong>Empower your team with the tech they need, not the tech you want</strong></span></p> <p> </p> <p>Simply adopting the latest technology for the sake of having it is not digital transformation. Does your team need an AI-powered CRM? Will installing an automated time-tracking software help with their productivity?</p> <p>Startup founders need to think about the problems their teams face before introducing any new technology. Doing so will foster a culture where creativity, trust, and collaboration are welcomed. Start by assessing their challenges and pain points to identify areas for innovation.</p>
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        • section_summaryA key element in Cambodia's five-pronged long-term development plan is the strengthening of the country's digital economy by expanding connectivity, broadening digital payment systems, and facilitating last-mile logistics services, among other steps.
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        • titleBreeding unicorns: A look into Singapore's thriving startup scene
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        • descriptionDubbed the "Silicon Valley of Asia", Singapore has developed a startup ecosystem that has outshined its Southeast Asian neighbors, closing last year with a total deal volume of $6.1 billion. Of the world's top 100 tech firms, 80 have selected the Lion City as their home.
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        • content<p>Dubbed the “Silicon Valley of Asia”, Singapore has developed a startup ecosystem that has outshined its Southeast Asian neighbors, closing last year with a total deal volume of $6.1 billion. Of the world’s top 100 tech firms, 80 have selected the Lion City as their home.</p> <figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-6-SG-Unicorns.jpg" alt="" /> <figcaption class="image-caption">Singapore proves to be an attractive hub for high-quality startups.</figcaption> </figure> <p>Singapore’s startup success is built on the government’s robust support and its global reputation for efficient governance, strict rule of law, highly-skilled labor, and top-quality educational system.</p> <p>According to the Economic Development Board of Singapore, the city-state’s startup ecosystem ranked 17th globally and 5th in Asia in terms of value, growing to an impressive $22.5 billion as compared to the global average of $13.68 billion.</p> <p>Development Asia, a platform run by the Asian Development Bank, identified the following elements behind Singapore’s vibrant entrepreneurial ecosystem: (1) startup financing, (2) sound regulatory and legal environment, (3) low corporate tax rates, (4) mentorship and network opportunities, and (5) innovative public policy.</p> <p>Singapore’s effective private and public sector framework has supported not only venture capitalists and tech startups, but also its manufacturing industry.</p> <p>Among those who have benefitted from Singapore’s innovation-driven development are SP Manufacturing and CAM Resources, which have developed state-of-the-art equipment and solutions to meet the demands of startups.</p>
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        • section_summaryDubbed the "Silicon Valley of Asia", Singapore has developed a startup ecosystem that has outshined its Southeast Asian neighbors, closing last year with a total deal volume of $6.1 billion. Of the world's top 100 tech firms, 80 have selected the Lion City as their home.
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        • titleThis NY-based tech startup can give renters their dream home
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        • descriptionNamed one of Forbes' 30-Under-30 in 2015, American entrepreneur and investor Ankur Jain established his global reputation as a co-founder of Humin, an app that was later acquired by Tinder. Today, the 32-year-old oversees Bilt Rewards, the first-ever loyalty program that awards points to users for their rental payments and neighborhood spending.
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        • content<p>Named one of Forbes’ 30-Under-30 in 2015, American entrepreneur and investor <strong>Ankur Jain</strong> established his global reputation as a co-founder of Humin, an app that was later acquired by Tinder. Today, the 32-year-old oversees <strong>Bilt Rewards</strong>, the first-ever loyalty program that awards points to users for their rental payments and neighborhood spending.</p> <figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-6-NYNJ-Bilt-Rewards-Ankur-Jain-Founder-and-CEO.jpg" alt="" /> <figcaption class="image-caption">Bilt Rewards Founder and CEO Ankur Jain</figcaption> </figure> <p>Seeing the financial challenges of renters living in New York, Jain wanted to create a pathway for them to eventually become homeowners.</p> <p>“The idea that you rent for many years but get no closer to homeownership made no sense,” the Bilt Rewards founder and CEO told INC. magazine.</p> <p>Launched in June 2021, Bilt Rewards boasts one of the highest-value rewards programs in the market today, offering one-to-one point transfers across more than 100 major airline and hotel partners. The program also includes fitness studios and exclusive, limited-edition artworks and home decor through the Bilt Collection. Earned points can be used towards rental payments or a downpayment on a future home .</p> <p>Bilt partnered with Mastercard and Wells Fargo to create the Bilt Mastercard, the first and only credit card that can be used to pay rent with no fees charged.</p> <p>“In 2022, we announced a valuation of $1.5 billion following a $150 million growth round to advance our loyalty program and credit card for renters,” he said.</p> <p>Reflecting on his professional history, Jain advises fellow entrepreneurs to persist through setbacks, citing Bilt's success in securing partnerships with major landlord groups like AvalonBay Communities and Related Companies.</p> <p>“We've created something that benefits everyone involved. It's about turning everyday transactions into meaningful opportunities for financial growth and stability,” said Jain, who is focused on expanding Bilt’s coverage and further empowering renters across the United States.</p>
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        • section_summaryNamed one of Forbes' 30-Under-30 in 2015, American entrepreneur and investor Ankur Jain established his global reputation as a co-founder of Humin, an app that was later acquired by Tinder. Today, the 32-year-old oversees Bilt Rewards, the first-ever loyalty program that awards points to users for their rental payments and neighborhood spending.
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        • titleTexas city launches investment plan to revive historic downtown area
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        • descriptionForming part of the Dallas-Fort Worth metro area, the Frisco Economic Development Corp. (Frisco EDC) has announced a pilot investment program to support the redevelopment of the city's historic Rail District in the downtown area. The program will reimburse 50% of the approved costs of qualified projects upon their completion.
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        • content<p>Forming part of the Dallas-Fort Worth metro area, the <strong>Frisco Economic Development Corp.</strong> <strong>(Frisco EDC)</strong> has announced a pilot investment program to support the redevelopment of the city’s historic Rail District in the downtown area. The program will reimburse 50% of the approved costs of qualified projects upon their completion.</p> <figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-6-Frisco-TX.jpg" alt="" /> <figcaption class="image-caption">Frisco has launched an ambitious program to generate its historic downtown area.</figcaption> </figure> <p>To qualify for this incentive, projects must be Type-A improvement projects within Frisco’s Rail District and focus on the improvement and beautification of the area, such as streetscapes, interior infrastructure, sprinkler systems, roofing, flooring, HVAC systems, and facade enhancements (i.e. canopies, signage, and awnings).</p> <p>This initiative aims to assist local businesses and property owners, as well as complement Frisco EDC’s ongoing investments to enhance the city’s tourism and commercial value.</p> <p>To date, the Frisco EDC board has earmarked $3.9 million for the first phase of the project due to begin in August. The initial round of improvements will involve burying overhead electrical lines, carrying out flatwork infrastructure, and installing grease traps and trash compactor systems around the city.</p> <p>“We are proud to launch an initiative that supports local businesses and advances the city’s priority to attract both the daytime and nighttime economy,” said <strong>Frisco EDC Chair Jason Dudle</strong>.</p> <p>Meanwhile, <strong>Mayor Jeff Cheney</strong> stressed the program’s importance in attracting more visitors.</p> <p>“Frisco EDC’s program directly supports our city council’s goal to revitalize downtown Frisco. With more than $68 million approved by voters for redevelopment projects, we are poised to make Frisco a strong tourism destination,” he said.</p> <p>According to <strong>Frisco EDC Vice President Gloria Salinas</strong>, the city was named one of the most resilient cities in the United States. Salinas told GMI POST in an interview that the region’s diverse industry base, pro-innovation administration, and forward-thinking policies were key factors in making Frisco very attractive to families and corporations alike.</p>
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        • section_summaryForming part of the Dallas-Fort Worth metro area, the Frisco Economic Development Corp. (Frisco EDC) has announced a pilot investment program to support the redevelopment of the city's historic Rail District in the downtown area. The program will reimburse 50% of the approved costs of qualified projects upon their completion.
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        • titleJapanese insurance giant acquires large stake in U.S. rival
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        • descriptionNippon Life Insurance has agreed to buy a 20% stake in Texas-based life insurance provider Corebridge Financial for more than $3.8 billion, representing its full-fledged entry into the American market amid declining demand in Japan.
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        • content<p><strong>Nippon Life Insurance</strong> has agreed to buy a 20% stake in Texas-based life insurance provider Corebridge Financial for more than $3.8 billion, representing its full-fledged entry into the American market amid declining demand in Japan.</p> <figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-6-Nippon-Life-Managing-Executive-Officer-Minoru-Kimura.jpg" alt="" /> <figcaption class="image-caption">Nippon Life Insurance Managing Executive Officer Minoru Kimura</figcaption> </figure> <p>The move is the largest acquisition made by a Japanese insurer, according to Nikkei Asia.</p> <p>Nippon Life expects its core operating profit to increase by $580 million annually because of this investment. At present, Corebridge Financial ranks third in the annuities market.</p> <p>“We need to pursue further growth overseas. There are still many opportunities,” <strong>Nippon Life Insurance Managing Executive Officer Minoru Kimura</strong> told the media. <br />Kimura also said Nippon Life will look for more potential acquisitions in Europe and across Asia-Pacific, adding there were fewer opportunities in those regions than in the US.</p> <p>In 2016, Nippon Life bought National Australia Bank Ltd.’s life insurance unit for around $1.5 billion. However, the Japanese company was forced to make multiple capital infusions to support the unit after suffering losses following the acquisition.</p> <p>Kimura added that securing qualified personnel will be Nippon Life’s new challenge as it pursues overseas expansion.</p> <p>“We are a very domestic company. We will boost human resources necessary for global businesses, like by hiring outside talent, including non-Japanese people,” he said.</p>
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        • section_summaryNippon Life Insurance has agreed to buy a 20% stake in Texas-based life insurance provider Corebridge Financial for more than $3.8 billion, representing its full-fledged entry into the American market amid declining demand in Japan.
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        • titleJapanese food and hospitality giant wants a bite of the U.S. sushi market
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        • descriptionOne of Japan's largest food and hospitality groups is the latest company that wants a share in the growing market of sushi restaurants in the United States. This month, Royal Holdings Inc. formed a California joint venture with Japanese sushi chain Choushimaru and trading house Sojitz.
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        • content<p>One of Japan's largest food and hospitality groups is the latest company that wants a share in the growing market of sushi restaurants in the United States. This month, <strong>Royal Holdings Inc. </strong>formed a California joint venture with Japanese sushi chain Choushimaru and trading house Sojitz.</p> <figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-6-Royal-Sushi-Sojitz-Corporation-President-COO-Kosuke-Uemura.jpg" alt="" /> <figcaption class="image-caption">Sojitz Corp. President and COO Kosuke Uemura</figcaption> </figure> <p>The joint venture, <strong>Sushi-Ten USA</strong>, aims to open its first outlet in California, where the appetite of Americans for Japanese food has grown consistently over the years. The group has yet to decide on a name for its restaurants and the locations of all its future outlets.</p> <p>Royal Holdings agreed to a partnership with Choushimaru because of its success in growing its restaurant business, while Sojitz has a proven track record in managing the supply chain for food ingredients.</p> <p>The three companies are no strangers to each other when it comes to business. In 2021, Royal Holdings and Sojitz formed a partnership that introduced the Royal Host brand of restaurants in Singapore two years later. In another joint venture, Royal Holdings and Sojitz opened British-owned Costa Coffee cafes in Japan.</p>
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        • section_summaryOne of Japan's largest food and hospitality groups is the latest company that wants a share in the growing market of sushi restaurants in the United States. This month, Royal Holdings Inc. formed a California joint venture with Japanese sushi chain Choushimaru and trading house Sojitz.
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        • titleCustomer service: To automate or not to automate?
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        • content<p>Humans crave interaction. The quality of interaction often determines the depth of engagement and the prospects of any relationship. In business, all undertakings, both indirect and direct, are viewed as opportunities to interact with customers and clients.</p> <figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-5-SG-Automation.jpg" alt="" /> <figcaption class="image-caption">What role can automation and AI play in customer service? (Source: Canva)</figcaption> </figure> <p>Unfortunately, how service is delivered can differ from one customer to the next depending on various factors, like competency in communication and length of experience of employees, as well as frequency of training by the employers.</p> <p>So, what if you could automate customer service to ensure consistency? What will be its implications for businesses?</p> <p>One benefit of using technology is the ability to replicate task execution with extreme precision. For many firms, it makes sense to adopt automation using a hybrid model because of shifting cost structures. This means that basic tasks are performed by machines, while those that involve complex decision-making processes are handled by humans.</p> <p>Numerous banks and telecommunications companies have already adopted this model to the dismay of some clients, who still prefer dealing directly and instantly with human customer service agents. Long holding times and confusing options are some reasons that put off customers.</p> <p>Perhaps the better approach is not to replace the customer service representatives completely but to provide them with better tools that will elicit higher satisfaction levels from customers.</p> <p>According to a study by Aberdeen Strategy & Research, which interviewed 10,000 business leaders around the world, 59% agreed that customer service representatives, when empowered with AI tools and data, engaged more intelligently in customer interactions.</p> <p>But until AI and automation can perfectly mimic human abilities – like changes in voice intonation, expressions of empathy, active listening, and spontaneous conversations – technology cannot substitute for human interaction. At least, not yet.</p>
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        • titleThe secret to winning Japanese clients: Lessons from Cambodia's top law firm
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        • descriptionAmid a continuing influx of foreign investment, Cambodia is undergoing a significant transition. Three years ago, the government enacted a law that laid out new regulations to attract more international investors and make the country more competitive globally.
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        • content<p>Amid the continuing influx of foreign investment, Cambodia is undergoing a significant transition. Three years ago, the government enacted a law that laid out new regulations to attract more international investors and make the country more competitive globally.</p> <p>Following this, it implemented new policies to diversify its base of foreign investors. Among the leading partners that stand out is Japan.</p> <figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-5-CAMB-DSM-DSM-Managing-Partner-Sovicheany-Pheng.jpg" alt="" /> <figcaption class="image-caption">Davies SM Managing Partner Sovicheany Pheng (Source: DSM)</figcaption> </figure> <p>Celebrating the 70th anniversary of their bilateral ties, Cambodia and Japan are expanding their cooperation. Prominent companies like Toyota Tsusho Manufacturing, Aeon Mall, and Minebea are reinvesting significantly in the country. And local law firms play a crucial role in supporting these investments and helping investors navigate the complexities of the local business environment.</p> <p><strong>Davies SM Attorney At Law (DSM)</strong> has stood out among the competition for providing quality legal services to multinationals, government agencies, and foreign investors. In an interview with GMI POST, <strong>Managing Partner Sovicheany Pheng </strong>outlines three ways the firm has attracted and retained Japanese clients.</p> <p> </p> <p><strong><span style="font-family: helvetica; font-size: 18pt;">Be a partner for growth</span><br /></strong></p> <p> </p> <p>Pheng emphasizes the importance of being an investment ally rather than just a legal partner.</p> <p>DSM tailors solutions for clients based on evolving trends and risks in the dynamic business environment. Instead of adopting a one-size-fits-all approach, it understands each client's goals and customizes its services to address specific challenges.</p> <p>“The goal of DSM is to grow with our partners as a team. Through our quality and effective legal services, we assist all foreign investors, like the Japanese, navigate the complexities of an emerging market,” she said.</p> <p> </p> <p><strong><span style="font-family: helvetica; font-size: 18pt;">Map out a detailed, compliant-oriented approach</span><br /></strong></p> <p> </p> <p>DSM guarantees that its work is comprehensive, covering everything from legal advice and feasibility studies to tax considerations at the pre-investment stage. This meticulous approach appeals to Japanese clients who prioritize thoroughness and compliance.</p> <p>“In our experience, the Japanese are compliant, systematic, and rule-driven. What sets us apart is our ability to present a basket of unique and innovative legal solutions that comply with national regulations at low costs,” Pheng said.</p> <p> </p> <p><strong><span style="font-family: helvetica; font-size: 18pt;">Build trust through collaboration</span><br /></strong></p> <p> </p> <p>Pheng stressed that collaborating with other Japanese legal firms can help cultivate trust among potential Japanese clients. DSM’s team is made up of top lawyers adept in both national and international legal intricacies, ensuring that clients, especially foreign investors, have a holistic understanding of the local market and receive services that meet their high standards.</p> <p>“Our firm aims to collaborate with Japanese law firms to better serve Japanese clients who want to expand in Cambodia and appreciate local sensibilities in their solution. We want the Japanese to know they can trust us like their own” she said.</p>
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        • section_summaryAmid a continuing influx of foreign investment, Cambodia is undergoing a significant transition. Three years ago, the government enacted a law that laid out new regulations to attract more international investors and make the country more competitive globally.
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        • titleHow to earn the trust of Japanese businesses: A playbook from a NY law firm
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        • descriptionEpstein Becker & Green (EBG), a law firm with offices in New York and other major business centers across the United States, has nurtured a deeply loyal Japanese clientele in the country thanks to its commitment to understanding differences in business culture and delivering the desired results.
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        • content<p><strong>Epstein Becker & Green (EBG),</strong> a law firm with offices in New York and other major business centers across the United States, has nurtured a deeply loyal Japanese clientele in the country thanks to its commitment to understanding differences in business culture and delivering the desired results.</p> <p>Established in 1971, EBG has mastered the strategy to retain its Japanese clients. Here is their three-pronged plan.</p> <p> </p> <p><span style="font-family: helvetica; font-size: 18pt;"><strong>Set up a team of experts</strong></span></p> <p> </p> <figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-5-NYNJ-EBG-Law-Frances-Green-and-Ron-Green.jpg" alt="" /> <figcaption class="image-caption">Epstein Becker & Green Partner Frances Green (L) and Managing Partner Ron Green (R) (Source: EBG)</figcaption> </figure> <p>Its Japanese Business Services team are specialized attorneys who travel regularly to Japan and have earned extensive experience working with Japanese clients. They are well-versed in the legal and business issues that face Japanese companies in the United States and stay abreast of emerging trends.</p> <p>Their proficiency in the Japanese language and their deep appreciation of Japanese culture and customs enable them to address the unique challenges and concerns of Japanese businesses in America.</p> <p> </p> <p><span style="font-family: helvetica; font-size: 18pt;"><strong>Understanding the population</strong><strong> </strong></span></p> <p> </p> <p><strong>Partner Frances Green </strong>attributes the firm’s success with its Japanese clients to its dedication to knowing their culture and finding out what they need.</p> <p>“I was recruited to the firm because it had a four-decade-plus relationship with the Japanese, which was begun by Ron (Green). He was one of the first American attorneys to go to Japan, be among the Japanese population, and understand that the Japanese business community wanted to integrate itself more within the U.S.,” she recalled.</p> <p> </p> <p><span style="font-family: helvetica; font-size: 18pt;"><strong>Give the proper training</strong></span></p> <p> </p> <p>"Regardless of the investment, in whatever sector, we have nearly 200 lawyers dedicated to managing every aspect of the process when it comes to human capital. While many other firms have done this type of work for the Japanese, no one has done it longer than we have,” said <strong>Managing Partner Ron Green</strong>.</p> <p>“We also have partners in our firm who regularly visit Japan and put on lectures on assimilation in the United States. They train rotating staff before they come here to at least lessen risks that they'll face when they build a company and manage a local workforce," he also said.</p> <p>Apart from combining legal expertise with cultural insight, EBG has maintained long-term ties with Japanese clients by also customizing its services according to their unique needs whenever necessary.</p>
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        • section_summaryEpstein Becker & Green (EBG), a law firm with offices in New York and other major business centers across the United States, has nurtured a deeply loyal Japanese clientele in the country thanks to its commitment to understanding differences in business culture and delivering the desired results.
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        • titleSega Sammy Holdings gets a $55 million windfall
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        • descriptionJapanese amusement giant Sega Sammy Holdings, the creators of Sonic the Hedgehog and Angry Birds, recently announced plans to Seagaia, its seaside resort complex in Miyazaki, to U.S.-based Fortress Investment Group to shift its focus back to its core businesses:
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        • content<p>Japanese amusement giant <strong>Sega Sammy Holdings</strong>, the creators of Sonic the Hedgehog and Angry Birds, recently announced plans to Seagaia, its seaside resort complex in Miyazaki, to U.S.-based <strong>Fortress Investment Group</strong> to shift its focus back to its core businesses: video game development and online casino gaming through its subsidiaries GAN and recently acquired Rovio Entertainment.</p> <figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-5-Sega-Sammy-President-and-CEO-Haruki-Satomi.jpg" alt="" /> <figcaption class="image-caption">Sega Sammy President and Group CEO Haruki Satomi (Source: Sega Sammy)</figcaption> </figure> <p>Although the financial terms of the deal have not been disclosed, news reports priced the deal at $55 million. Located in Miyazaki on Kyushu island, Seagaia is operated by Phoenix Resort Co.</p> <p>Under the terms of the deal, Sega Sammy will sell all its common shares of Seagaia to Fortress Investment Group and acquire new shares, giving the company 20% of the voting rights in Phoenix after the transaction is completed.</p> <p>Sega Sammy said Fortress’s extensive experience in the hotel and resort business will help maximize the resort’s corporate value.</p> <p>"Even after Phoenix achieved profitability, we considered various measures to further increase its corporate value. We decided the best way is to bring in Fortress as a strategic partner and have it take the lead in Phoenix’s operations,” the company said.</p> <p>With this deal, the investment firm now owns 176 hotels across Japan.</p> <p>Opened in 1993 for $2 billion through a joint venture between the local government and private investors, Seagaia has never reported profitability until March 2024, when it reported a net profit of $140,000, its highest revenue since the acquisition.</p> <p>Fortress’s acquisition of Seagaia comes amid surging inbound tourism in Japan. The Japanese government estimates that international tourists will reach 33 million this year, surpassing the pre-pandemic record. This trend has attracted foreign companies, like Fortress, to invest heavily in Japan’s hospitality sector.</p>
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        • section_summaryJapanese amusement giant Sega Sammy Holdings, the creators of Sonic the Hedgehog and Angry Birds, recently announced plans to Seagaia, its seaside resort complex in Miyazaki, to U.S.-based Fortress Investment Group to shift its focus back to its core businesses:
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        • titleIntel taps 14 Japanese partners to boost country's semiconductor production
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        • descriptionAmerican multinational and technology company Intel will partner with 14 Japanese companies to develop technology that will automate their backend chip-making processes, like packaging, according to a report by Nikkei Asia.
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        • content<p>American multinational and technology company <strong>Intel </strong>will partner with 14 Japanese companies to develop technology that will automate their backend chip-making processes, like packaging, according to a report by Nikkei Asia.</p> <figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-5-Intel.jpg" alt="" /> <figcaption class="image-caption">Intel will partner with 14 Japanese companies to strengthen their country's semiconductor sector. (Photo source: TweakTown)</figcaption> </figure> <p>Led by Kunimasa Suzuki, the head of Intel's Japanese operations, will include electronics maker Omron, Yamaha Motor, and materials suppliers Resonac, and Shin-Etsu Polymer. The project got the support of Japan’s Ministry of Economy, Trade and Industry and earmarked around $26 billion (4 trillion Japanese yen) to help industries regarded as critical to economic security, like advanced semiconductor manufacturing.</p> <p>The partnership also aligns with Prime Minister Fumio Kishida’s program to create more competitive supply chains in the domestic market for advanced semiconductors.</p> <p>“By working together with like-minded countries and regions, we can strengthen the global semiconductor supply chain,” Kishida said at an event organized by semiconductor maker Rapidus Corp. in 2023.</p> <p>It did not take long for other industry players to follow suit as Taiwan-based TSMC and Korea’s Samsung Electronics announced their plans to build research centers in Japan for back-end production.</p> <p>Meanwhile, market research firm TechInsights expects the back-end market to grow 13% this year to $12.5 billion.</p> <p>As of 2024, Japanese companies account for about 30% of global sales of semiconductor production equipment and around 50% of semiconductor materials, according to Japan's Ministry of Economy, Trade and Industry.</p>
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        • section_summaryAmerican multinational and technology company Intel will partner with 14 Japanese companies to develop technology that will automate their backend chip-making processes, like packaging, according to a report by Nikkei Asia.
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        • titleMitsui invests $200 million in Texas solar farm project
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        • descriptionJapanese trading multinational Mitsui & Co. has unveiled a plan to invest around $193 million (30 billion Japanese yen) over the next two years to build a solar farm in Texas. The move will capitalize on the increasing demand for renewable energy in a state where wind power dominates other forms of renewable energy.
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        • content<p>Japanese trading multinational<strong> Mitsui & Co.</strong> has unveiled a plan to invest around $193 million (30 billion Japanese yen) over the next two years to build a solar farm in Texas. The move will capitalize on the increasing demand for renewable energy in a state where wind power dominates other forms of renewable energy.</p> <figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-5-Mitsui-Solar-Farm.jpg" alt="" /> <figcaption class="image-caption">Mitsui's digital rendering of its planned solar farm in Texas (Source: Mitsui & Co.)</figcaption> </figure> <p>The solar farm, with a capacity of 150 megawatts, is currently under construction in Hill County in central Texas and is slated to start commercial operations in 2026.</p> <p>Mitsui plans to supply the generated electricity directly to companies and enterprises, as well as integrate it into the state’s general power system.</p> <p>Texas's pricing system for electricity, which varies according to the location of the power plant, convinced Mitsui to invest in the solar farm. Hill County's proximity to major urban centers in the state, such as Dallas and Houston, allows for potentially higher electricity prices due to high demand in these densely populated areas.</p> <p>Renewable sources account for 30 percent of Texas’s power generation with wind power being the primary contributor. Mitsui's investment decision was also driven by the significant growth potential of solar energy in the region. The company plans to monitor market trends and consider further investments accordingly.</p> <p>Mitsui & Co. Energy Marketing and Services (MEMS USA), which will be responsible for managing the retail and wholesale sales of 600 megawatts of electricity annually across Texas and other states, will distribute the generated power. Also, MEMS USA plans to install a 300-megawatt-hour storage battery by 2025, allowing the company to store electricity and supply it when demand is lower, thereby optimizing consumption and costs.</p> <p>The U.S. government’s support for solar power generation through the Inflation Reduction Act is expected to boost demand for renewable energy projects. Mitsui’s investment aligns with this trend, and other Japanese firms such as Idemitsu Kosan and Itochu are also expanding their solar power initiatives in the United States.</p>
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        • section_summaryJapanese trading multinational Mitsui & Co. has unveiled a plan to invest around $193 million (30 billion Japanese yen) over the next two years to build a solar farm in Texas. The move will capitalize on the increasing demand for renewable energy in a state where wind power dominates other forms of renewable energy.
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        • title3 ways Cambodian businesses can use Open AI's latest tool
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        • descriptionLaunched just this February, Open AI's Sora can produce multi-shot clips of a minute or longer using nothing more than a text prompt. This generative AI technology made headlines around the world for its ability to create commercial-quality videos in a matter of seconds.
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        • content<p>Launched just this February, Open AI’s Sora can produce multi-shot clips of a minute or longer using nothing more than a text prompt. This generative AI technology made headlines around the world for its ability to create commercial-quality videos in a matter of seconds.</p> <figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-4-CAMB-Open-AI.jpg" alt="" /> <figcaption class="image-caption">OpenAI CEO Sam Altman introduces Sora (Source: PC Magazine UK)</figcaption> </figure> <p>With Sora’s easy deployment, low cost, and lightweight infrastructure demands, the AI tool has become a marketing must-have for businesses everywhere, particularly in Cambodia.In an interview with Khmer Times, officers of Phnom Penh-based IT company <strong>Epenh</strong> and <strong>Cambodian Commercial Bank</strong> talked about how Cambodian businesses can use Sora to revolutionize their content and marketing strategies.</p> <p> </p> <p><span style="font-family: helvetica; font-size: 18pt;"><strong>Transform content creation dynamics</strong></span></p> <p><br />“Expressing content in video formats will give businesses an edge in their campaigns and opens doors for diverse opportunities, from content creation to advertising to explaining product know-how to end users,” said <strong>Epenh Co-Director Nigel Miranda.</strong></p> <p>According to him, Sora’s ability to create realistic and high-quality videos is a tremendous opportunity for businesses to quickly test and refine their content and ads for their respective target audiences.</p> <p> </p> <p><span style="font-size: 18pt;"><strong><span style="font-family: helvetica;">Target marketing on a limited budget</span> </strong></span></p> <p> </p> <p><strong>Cambodian Commercial Bank Head of IT Kishore Kumar Muniswamy </strong>highlighted that businesses across all sectors can leverage Sora to save time and resources instead of resorting to traditional video production methods. <br /><br />According to OpenAI’s pricing, a one-minute 30 FPS video will cost around $216 or $ 0.12 per frame. Meanwhile, Vidico reports that on average, a one-minute video advertisement ranges from $1,000 to more than $50,000.</p> <p> </p> <p><span style="font-family: helvetica; font-size: 18pt;"><strong>Enhancing education delivery methods</strong></span></p> <p> </p> <p>Sora’s creative capabilities offer edtech businesses and educational institutions the opportunity to develop engaging and interactive learning materials that capture learner attention.</p> <p>“This represents a potential way to make education more accessible and visually appealing for students,” Muniswamy said.</p> <p>Beyond enhancing student engagement, Sora can also raise awareness of different cultures by generating videos with text overlays in various languages.</p> <p>“This will revolutionize the way we perceive the world and consume video, audio, and other represented media content,” Miranda said.</p>
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        • section_summaryLaunched just this February, Open AI's Sora can produce multi-shot clips of a minute or longer using nothing more than a text prompt. This generative AI technology made headlines around the world for its ability to create commercial-quality videos in a matter of seconds.
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        • titleDatarockets: Meet the masters of AI solutions
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        • descriptionFrom its headquarters in Toronto and its offices in New York and London, custom software and mobile app developer Datarockets has rolled out innovative solutions that have resulted in productive partnerships with several loyal clients.
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        • content<p>From its headquarters in Toronto and its offices in New York and London, custom software and mobile app developer Datarockets has rolled out innovative solutions that have resulted in productive partnerships with several loyal clients.</p> <figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-4-NYNJ-Datarockets.jpg" alt="" /> <figcaption class="image-caption">Datarockets CEO Pavel Demeshchi (Source: Datarockets)</figcaption> </figure> <p>“The idea behind Datarockets was to build an intellectual hub where engineers come to learn product development skills on the one hand, and clients come to create products for their businesses and startups on the other, <strong>Datarockets CEO Pavel Demeshchik</strong> said in an interview with IT website SelectedFirms.</p> <p>“We embrace our clients to discuss issues they see through our perspective. Our clients know what we discuss, how we make decisions, and what problems we experience,” Demeshchik said, highlighting transparency as one of the company’s distinguishing features.</p> <p>Among its recent success stories includes a partnership with a Series-E company to launch a new SaaS product. From conceptualization to execution, Datarockets developed the product from the ground up.</p> <p>Another partnership was with a fintech startup, whose platform generated more than $500 million in investments and earned it a No. 3 spot on Deloitte's Technology Fast 50 Companies-To-Watch list. Exhibiting versatility in the field, Datarockets also wrote firmware for a writing device that later raised $1 million through crowdfunding.</p> <p>“Apart from actual coding, we bring our ideas to the table,” said Demeshchik, who believes that close collaboration with clients and user-centered design will deliver successful results.</p> <p>Established in 2014, Datarockets offers various AI-related services to help businesses automate tasks, gain insights from data, and improve customer engagement. By integrating with GPT4 API, it can build AI-centric applications based on natural language processing, which boosts productivity for businesses.</p>
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        • section_summaryFrom its headquarters in Toronto and its offices in New York and London, custom software and mobile app developer Datarockets has rolled out innovative solutions that have resulted in productive partnerships with several loyal clients.
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        • titleSingapore: Walking on the digital cloud
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        • descriptionArtificial intelligence has never been cooler. Forbes Business Council has reported that more than 250 million companies worldwide have adopted AI to improve their operations. As more companies and countries embrace AI and explore how best it will benefit them, one nation recognized its advantages eight years ago. We're talking about Singapore.
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        • content<p>Artificial intelligence has never been cooler. Forbes Business Council has reported that more than 250 million companies worldwide have adopted AI to improve their operations. As more companies and countries embrace AI and explore how best it will benefit them, one nation recognized its advantages eight years ago. We’re talking about Singapore.</p> <figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-4-SG-Digital-Cloud.jpg" alt="" /> <figcaption class="image-caption">Singapore leads the world in the development and adoption of AI (Source: Canva)</figcaption> </figure> <p>Before ChatGPT and generative AI gained global traction over the last few years, Singapore had seen that AI technology could revolutionize its important sectors, such as education, healthcare, banking, and finance.</p> <p>According to Singapore’s Personal Data Protection Commission, the city-state was among the first countries in the APAC region to adopt AI. As early as 2016, the government was looking into how it could use chatbots in public services using Microsoft technology. Then in 2019, it published AI Verify, the first set of guidelines in Asia for ethical AI use.</p> <p>Fast forward to today, Singapore has distinguished itself in the global community for how it uses AI in disease diagnosis, pharmaceutical development, personalized customer support, and edge computing. </p> <p>The public’s familiarity with the concept of big data, coupled with innovation-driven initiatives from corporations and government institutions, has hastened the advancement of AI in Singapore and the rest of the world.</p> <p>According to Oxford’s Government AI Readiness Index 2023, Singapore has a readiness index of 81.97 out of 100, much higher than the regional average of 55.49. Statista projects that the AI market will account for 33.38% of Singapore’s GDP by 2030.</p> <p>Meanwhile,<strong> Manpower Minister Tan See Leng </strong>said Singapore was investing $1 billion over the next five years into a national AI strategy to develop the advanced tech industry and equip its citizens with the needed skills.</p>
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        • section_summaryArtificial intelligence has never been cooler. Forbes Business Council has reported that more than 250 million companies worldwide have adopted AI to improve their operations. As more companies and countries embrace AI and explore how best it will benefit them, one nation recognized its advantages eight years ago. We're talking about Singapore.
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        • titleJapan's Sekisui House buys Denver homebuilder for $4.95 billion
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        • descriptionJapanese homebuilder Sekisui House announced last month that it bought Denver-based MDC Holdings for $4.9 billion. Paying $63 in cash per share, Sekisui House first made public its buyout plans at the start of this year.
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        • content<p>Japanese homebuilder <strong>Sekisui House</strong> announced last month that it bought Denver-based <strong>MDC Holdings</strong> for $4.9 billion. Paying $63 in cash per share, Sekisui House first made public its buyout plans at the start of this year.</p> <figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-4-Sekisui-House.jpg" alt="" /> <figcaption class="image-caption">Sekisui House Board Representative, President, and CEO Yoshihiro Nakai (Source: Sekisui House)</figcaption> </figure> <p>“We are excited to welcome MDC's management and employees to the Sekisui House team,” said <strong>Sekisui House Board Representative, President, and CEO Yoshihiro Nakai.</strong></p> <p>With the acquisition, Sekisui House became the fifth-largest housebuilder in the United States, according to Asia Business Law Journal. The Japanese company plans to build 10,000 homes outside Japan.</p> <p>“After 50 years of standalone growth, today marks an incredible new chapter as MDC becomes part of Sekisui House and positioned for another 50 years of success,” said <strong>MDC Founder and Executive Chairman Larry Mizel</strong> and <strong>President and CEO David Mandarich</strong> in a statement.</p> <p>“We are excited about the opportunities for growth for our team members and within our customer offering. Now that the transaction is complete, we look forward to supporting a seamless integration,” they added.</p> <p>With the acquisition of MDC, Sekisui’s presence in the United States will expand to 16 states.</p>
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        • section_summaryJapanese homebuilder Sekisui House announced last month that it bought Denver-based MDC Holdings for $4.9 billion. Paying $63 in cash per share, Sekisui House first made public its buyout plans at the start of this year.
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        • titleJapan's Ono Pharmaceutical to buy U.S. drugmaker Deciphera
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        • descriptionIn its biggest buyout to date, Ono Pharmaceutical is set to acquire American cancer drug maker Deciphera Pharmaceuticals for $2.4 billion, according to Nikkei Asia. The move is aimed at ensuring continued growth as patents for Ono's Opdivo cancer immunotherapy are set to expire in 2028.
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        • content<p>In its biggest buyout to date, <strong>Ono Pharmaceutical</strong> is set to acquire American cancer drug maker <strong>Deciphera Pharmaceuticals</strong> for $2.4 billion, according to Nikkei Asia. The move is aimed at ensuring continued growth as patents for Ono's Opdivo cancer immunotherapy are set to expire in 2028.</p> <figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-4-Ono-Pharma.jpg" alt="" /> <figcaption class="image-caption">Ono Pharma CEO Gyo Sagara (Source: Ono Pharma)</figcaption> </figure> <p>The acquisition will be completed via a tender offer with Ono purchasing all outstanding shares of Deciphera. The offer price of $25.60 per share represents a 74.7% premium over Deciphera's closing stock price in mid-May.</p> <p>Established in 2003, Deciphera is known for its Qinlock cancer drug, which inhibits enzymes crucial for cancer cell proliferation. The company's global revenue in 2023 was $163 million, driven by Qinlock sales and collaboration revenue.</p> <p>Ono predicts Qinlock's sales to surge between $350 million and $400 million. Also, Deciphera has promising new-drug candidates, including a treatment for benign tumors in joints and another for blood cancer complications, which is seen to generate sales of $700 million annually.</p> <p>The acquisition is vital for Ono's strategic growth after Opdivo’s patents expire. Meanwhile, Ono is developing new-drug candidates, like Velexbru, for cancer treatment. But, it will take a few years before they can be approved and marketed.</p> <p>The deal, approved by the boards of both companies and expected to close later this year, will strengthen Ono's sales capabilities in the United States and expand its overseas sales networks. Once finalized, Deciphera becomes a wholly-owned subsidiary of Ono.</p>
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        • section_summaryIn its biggest buyout to date, Ono Pharmaceutical is set to acquire American cancer drug maker Deciphera Pharmaceuticals for $2.4 billion, according to Nikkei Asia. The move is aimed at ensuring continued growth as patents for Ono's Opdivo cancer immunotherapy are set to expire in 2028.
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        • titleJapan's largest conveyor-belt sushi chain rolls out in the U.S.
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        • descriptionBoston's Japanese food scene got more diverse with the opening in April of Sakabayashi Sushi Tavern, a subsidiary of Japan's largest conveyor-belt sushi chain, Sushiro. The restaurant is the first investment of its parent company, Food & Life Co., in the United States.
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        • content<p>Boston’s Japanese food scene got more diverse with the opening in April of Sakabayashi Sushi Tavern, a subsidiary of Japan’s largest conveyor-belt sushi chain, Sushiro. The restaurant is the first investment of its parent company, <strong>Food & Life Co.</strong>, in the United States.</p> <figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-4-Sushiro.jpg" alt="" /> <figcaption class="image-caption">Food & Life Companies USA President Yosuke Tanaka (Source: LinkedIn/Yosue Tanaka)</figcaption> </figure> <p>Sakabayashi retained the original restaurant’s <em>izakaya </em>style of dining<em>, </em>wherein patrons can eat and drink in a casual setting. With menu items priced from under $10, the restaurant wants to attract a diverse crowd.</p> <p>“Ensuring affordability while providing an authentic Japanese experience to Americans is paramount. Eighty percent of our menu is recreated from Japan. Our raw ingredients are sourced from our global procurement chain,” said <strong>Food & Life Companies USA President Yosuke Tanaka.</strong></p> <p>Although Sakabayashi Sushi Tavern is Food and Life’s first foray in the country, the group has many years of international experience. With operations in eight countries, primarily in Asia, Food & Life aims to generate $1.45 billion in overseas revenue by the end of the fiscal year 2026 by opening more conveyor-belt sushi restaurants in the United States.</p> <p>“Our priority is not limited to deploying our existing brand but also to discovering, developing, and expanding new brands and food-services formats through the reinforcement of our competitive advantages in ingredient development, procurement, and supply chain management,” said <strong>Food & Life Ltd. President and CEO Koichi Mizutome.</strong></p> <p>Mizutome’s confidence stems from the growing popularity of Japanese cuisine in the United States. In 2023, revenues of sushi restaurants in America grew by 4.5% and are expected to grow further, according to research firm IBIS World.</p> <p>In the United States, ramen shops are also growing more popular as various Japanese chains, like Fukuoka and Ramen Santouka, plan to open more outlets across the country.</p>
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        • section_summaryBoston's Japanese food scene got more diverse with the opening in April of Sakabayashi Sushi Tavern, a subsidiary of Japan's largest conveyor-belt sushi chain, Sushiro. The restaurant is the first investment of its parent company, Food & Life Co., in the United States.
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        • titleImpostor Syndrome and The Incomplete Leader
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        • descriptionNow that everyone's details, accomplishments, and track record are easily fact-checked and reviewed on the internet, there has been a rise in the number of anxiety-riddled executives. The same tool used for work productivity has also been a source of consternation.
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        • tagsLeadership, Management, Impostor Syndrome
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        • content<p>The notion that “leaders have to be flawless” is starting to disappear. Access to unlimited information, a.k.a. the Internet, should have changed this perception ages ago.</p> <figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-3-SG-Impostor-Syndrome.jpg" alt="" /> <figcaption class="image-caption">The workplace has evolved to become a more forgiving place for its leaders. (Illustration by Lianne Dominguez)</figcaption> </figure> <p>But now that everyone’s details, accomplishments, and track record are easily fact-checked and reviewed on the internet, there has been a rise in the number of anxiety-riddled executives. The same tool used for work productivity has also been a source of consternation.</p> <p>The pressure to have intellectual and interpersonal superiority is at an all-time high. According to the National Library of Medicine, impostor syndrome (IS) is a behavioral health phenomenon described as self-doubt of intellect, skills, or accomplishments among high-achieving individuals. Yes! The seemingly poised manager could be a façade.</p> <p>Despite the tremendous pressure for perfection, an article in Harvard Business Review offers a solution to ease some caffeine-stimulated corporate minds. The authors, in praise of “The Incomplete Leader,” recommend embracing imperfections to strengthen one’s leadership abilities. It also said that organizations were evolving to become more collaborative than hierarchical.</p> <p>Decisions should often be made in the context of the open economy, therefore as no senior executive has a monopoly on knowledge. The overarching theme was that: Leaders should determine the right colleague to handle areas of their perceived weaknesses. </p> <p>In fact, four leadership capabilities are developed during this process: sense-making, relating, visioning, and inventing.</p> <p>Arguably, many teams have adopted the practice of “excellence” over “perfection”. The culture of excellence, while forgiving mistakes and considering personal limitations, does not absolve leaders and team members from giving their best.</p> <p>Accepting the new demands and realities of a hybrid workplace, especially for leaders, will empower and not overwhelm the incomplete leader.</p>
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        • section_summaryNow that everyone's details, accomplishments, and track record are easily fact-checked and reviewed on the internet, there has been a rise in the number of anxiety-riddled executives. The same tool used for work productivity has also been a source of consternation.
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        • titleBrewing success: How leadership catapulted Paradox Brewery to new heights
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        • descriptionParadox Brewery President and founder Paul Mrocka is widely credited for driving the New York-based to new levels of success through strategic planning, data-driven decision-making, and effective international partnerships.
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        • content<p><strong>Paradox Brewery President and founder Paul Mrocka </strong>is widely credited for driving the New York-based to new levels of success through strategic planning, data-driven decision-making, and effective international partnerships.</p> <p>According to Mrocka, data isn't just numbers at Paradox Brewery. It's a roadmap to success.</p> <figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-3-NYNJ-Paradox-Brewery.jpg" alt="" /> <figcaption class="image-caption">Paradox Brewery President and founder Paul Mrocka</figcaption> </figure> <p>In an interview with GMI POST, Mrocka emphasized their reliance on Information Resources, Inc. (IRI) data to understand market trends, consumer preferences, and competitor strategies.</p> <p>“We're very competitive in our prices and a data-driven company. We tell stories with this data that we buy. And we use that data to go to the buyer and talk to them about it,” he said.</p> <p>By leveraging IRI’s data, Paradox Brewery gains insights that shape its marketing strategies and product development, ensuring it stays ahead in the fiercely competitive craft beer market.</p> <p>Paradox Brewery isn't afraid to think big either. </p> <p>“You have to put the time in. You have to show up and get face-to-face with these people because there has to be a degree of comfort on both sides of the arrangement to buy beer from the other side of the planet,”<strong> Director of Operations Devon Hamilton </strong>said about plans to expand globally.</p> <p>By nurturing strong relationships with international partners, Paradox Brewery secures distribution channels and builds a global brand presence, Hamilton also said.</p> <p>For Paradox Brewery, success isn't just about reacting to market trends but about anticipating and shaping them. Through constant planning and adaptation, the company stays at the forefront of innovation, offering a diverse and appealing portfolio to its customers.</p> <p>“We all sit down, talk about what did well last year, what we think we should bring back for next year, what the upcoming trends are, and argue about what our portfolio will be,” Hamilton said.</p> <p>As Paradox Brewery expands both domestically and internationally, the skills and dedication of its leaders will ensure the New York brand remains a beloved brand in the craft beer industry.</p>
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        • section_summaryParadox Brewery President and founder Paul Mrocka is widely credited for driving the New York-based to new levels of success through strategic planning, data-driven decision-making, and effective international partnerships.
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        • titleWhat Cambodia's honey industry can teach businesses
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        • descriptionIn 2021, Cambodia's government awarded its first geographic indication (GI) label for the wild honey harvested in Mondulkiri Province. The protected GI label, granted to local products with distinctive regional qualities, has elevated the profile of Cambodian honey on the global stage.
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        • content<p>Cambodia’s honey industry has experienced steady growth in recent years. In 2021, the government awarded its first geographic indication (GI) label for the wild honey harvested in Mondulkiri Province. The protected GI label, granted to local products with distinctive regional qualities, has elevated the profile of Cambodian honey on the global stage.</p> <figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-3-CAMB-Honey.jpg" alt="" /> <figcaption class="image-caption">Cambodia Honey Association Executive Director Sem Sreytouch</figcaption> </figure> <p>Although varieties like Modulkiri money have been harvested in Cambodia for centuries, efforts to streamline and formalize the industry’s value chain are relatively recent and spearheaded by the Cambodia Honey Association (CHA), the main advocacy group representing the sector’s stakeholders.</p> <p>In an interview with GMI POST, CHA underscored the necessary steps to invigorate the industry while providing insight into navigating business in an emerging market landscape. </p> <p><strong> </strong></p> <p><span style="font-family: helvetica; font-size: 18pt;"><strong>Collaboration over competition </strong></span></p> <p><strong> </strong></p> <p><strong>CHA Executive Director Sem Sreytouch </strong>emphasizes the importance of shifting industry stakeholders’ mindset from competition to collaboration.</p> <p>“One of our main advocacies is to enact a change in mindset among Cambodian honey growers, apiaries, and other stakeholders in the value chain. A united front is required to elevate the overall standards of the Cambodian honey industry” she said.</p> <p><strong> </strong></p> <p><span style="font-family: helvetica; font-size: 18pt;"><strong>Prioritize capacity building</strong></span></p> <p><strong> </strong></p> <p><strong>Peter Batt, Ph.D of Curtin University,</strong> also a fellow of the International Horticultural Congress, stressed the need for education and capacity-building at the grassroots level in emerging markets like Cambodia.</p> <p>“A key aspect of addressing challenges in Cambodia, particularly within the honey industry, was capacity building of smallholder farmers and empowering those farmers with basic and practical skills to help them grasp what it takes to thrive in trade,” he said.</p> <p><strong> </strong></p> <p><span style="font-size: 1*pt;"><strong><span style="font-family: helvetica;">Explore untapped resources</span> </strong></span></p> <p> </p> <p>CHA also highlighted Cambodia's rich geographic diversity as a wellspring of untapped potential for future GI labels, such as honey from the lesser-known Tonle Sap Lake region. <strong>Dr. Try Yong</strong>, a beekeeping expert and an advisor to the Royal Ministry of Agriculture, underscored Cambodia’s abundance of untapped honey collection areas in the rest of the country.</p> <p>“Regions like Tone Sap Lake and the western coasts offer promising opportunities. Despite the vast forests from which much of our honey originates, many areas lack GI certification, signaling significant untapped potential and future business opportunities for our kingdom,” he said.</p>
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        • section_summaryIn 2021, Cambodia's government awarded its first geographic indication (GI) label for the wild honey harvested in Mondulkiri Province. The protected GI label, granted to local products with distinctive regional qualities, has elevated the profile of Cambodian honey on the global stage.
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        • titleWisconsin to give multimillion tax incentive to Kikkoman for new expansion
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        • descriptionKikkoman Foods Inc. has broken ground for its third manufacturing plant in Jefferson County and an expansion to its existing plant in neighboring Walworth County, Wisconsin. To support this fresh investment, the Wisconsin Economic Development Corp. (WEDC) plans to provide the Japanese soy sauce maker up to $15.5 million in performance-based tax credits.
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        • content<p>Kikkoman Foods Inc. has broken ground for its third manufacturing plant in Jefferson County and an expansion to its existing plant in neighboring Walworth County, Wisconsin. To support this fresh investment, the <strong>Wisconsin Economic Development Corp. (WEDC)</strong> plans to provide the Japanese soy sauce maker up to $15.5 million in performance-based tax credits.</p> <figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-3-Kikkoman-Wisconsin.jpg" alt="" /> <figcaption class="image-caption">Wisconsin Economic Development Corporation CEO and Secretary Missy Hughes (Source: Milwaukee Business Journal)</figcaption> </figure> <p>Kikkoman’s expansion in Wisconsin will inject $800 million into the state’s economy and create 83 new jobs over the next decade. The Walworth facility, opened in 1973, is the company’s highest-producing soy sauce factory globally.</p> <p>Meanwhile, the plant in Jefferson City is scheduled to start operations in 2026 and will focus on soy sauce-related products, like teriyaki sauce. Aside from enhancing efficiency and scalability, the facility will bolster Kikkoman’s sustainability efforts by using renewable energy sources and equipment with lower CO2 emissions.</p> <p><strong>WEDC Secretary and CEO Missy Hughes</strong> welcomed the announcement: “Fifty years ago, Kikkoman made history by choosing Walworth, Wisconsin for its first international brewing plant. Now, by expanding its presence in Jefferson, Kikkoman is opening a new chapter in its history.”</p> <p><strong>Jefferson City Mayor Dale Oppermann</strong> expressed appreciation for Kikkoman’s continued trust in the region: “Kikkoman’s decision to invest in Jefferson underscores the strength and appeal of our local food and beverage niche. We look forward to a long, prosperous partnership.”</p> <p>Meanwhile, <strong>Kikkoman Chair and honorary CEO Yuzauro Mogi </strong>said the company’s choice of Wisconsin was rooted in several factors, among them its location, which provided convenient market access, as well as its skilled workforce, easy availability of raw materials, an abundance of clean water, the collaborative spirit of the local community.</p> <p>“We look forward to expanding our footprints in Wisconsin and establishing a supply chain with increased stability in North America,” he also said.</p> <p>Over the past five decades, Kikkoman has transformed rural Wisconsin through partnerships with the local community, donating more than $17 million to charitable organizations.</p> <p>As one of the first production facilities set up by a Japanese company in the United States, the Walworth plant is seen as a valuable symbol of the close business and cultural partnership between the two countries.</p> <p>“Whether it’s providing thousands of jobs, bolstering our economy or providing us and the world with phenomenal soy sauce, Kikkoman is doing good work across Wisconsin and the country. I am grateful for their continued partnership and expansion in Wisconsin,” said <strong>Gov. Tony Evers</strong>.</p>
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        • section_summaryKikkoman Foods Inc. has broken ground for its third manufacturing plant in Jefferson County and an expansion to its existing plant in neighboring Walworth County, Wisconsin. To support this fresh investment, the Wisconsin Economic Development Corp. (WEDC) plans to provide the Japanese soy sauce maker up to $15.5 million in performance-based tax credits.
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        • titleNew York wants more Japanese chipmakers in the state
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        • descriptionEmpire State Development (ESD), the umbrella organization for New York's two main economic development corporations, wants more Japanese chip industry suppliers to open operations in the state to support the upcoming manufacturing facilities of Micron Technology, the world's fourth-largest semiconductor company.
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        • content<p><strong>Empire State Development (ESD)</strong>, the umbrella organization for New York's two main economic development corporations, wants more Japanese chip industry suppliers to open operations in the state to support the upcoming manufacturing facilities of Micron Technology, the world’s fourth-largest semiconductor company.</p> <figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-3-Micron-NY.jpg" alt="" /> <figcaption class="image-caption">Empire State Development President Hope Knight (Source: Empire State Development)</figcaption> </figure> <p>“Last year, we were able to attract Micron to central New York. With the large investment that Micron is making, $100 billion, we know that we have to build an ecosystem to support that activity. That's why we're here on this mission: to talk to Japanese firms, some of Micron's suppliers, to come and locate in New York,” <strong>ESD President Hope Knight</strong> told Nikkei Asia.</p> <p>While Knight did not name the companies she spoke to during her visit to Japan, she mentioned that some were “very excited about the possibility” of investing in the state.</p> <p>Micron, the only memory and storage manufacturer in the United States, has announced plans to build a $100 billion “mega fab,” which will employ more than 9,000 people, near Syracuse in upstate New York.</p> <p>Even before the CHIPS and Science Act became federal law in 2022, New York had unveiled its $10 billion program, called Green CHIPS, which offered tax incentives to chip manufacturers. Participants of Green CHIPS can benefit from zero corporate income tax rates and receive tax credits based on their capital spending and research and development expenditures.</p> <p>“We customize a package for you,” said Knight, who emphasized that incentives are tailored based on various factors, like the number of jobs created and size of investment.</p> <p>The ESD president highlighted the importance of bringing back chip manufacturing to the United States, citing national security concerns and geopolitical trends, and underscored New York's manufacturing legacy and its readiness to revive its manufacturing sector.</p> <p>New York has prioritized chip manufacturing as a key industry for economic growth. Apart from IBM, 75 other semiconductor-related companies have made new investments in the state. And since the introduction of Green CHIPS, total investments have reached $112 billion.</p> <p>On concerns surrounding the high cost of living and labor costs associated with New York City, Knight said that cities in upstate New York, such as Albany, Syracuse, Rochester and Buffalo, offer affordability and have cheaper sources of clean power.</p> <p>As head of ESD, Knight works closely with Gov. Kathy Hochul in developing the state economy through various measures like financing, subsidies, and tax breaks. As of 2022, ESD has been involved in at least 190 projects.</p>
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        • section_summaryEmpire State Development (ESD), the umbrella organization for New York's two main economic development corporations, wants more Japanese chip industry suppliers to open operations in the state to support the upcoming manufacturing facilities of Micron Technology, the world's fourth-largest semiconductor company.
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        • titleToyota unveils $1.4 billion investment in Indiana to make more electric vehicles
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        • descriptionToyota, the world's largest automaker, has announced a $1.4 billion expansion of its factory in the U.S. state of Indiana to produce electric vehicles (EVs) starting in 2026. With the new expansion, Toyota Motor Manufacturing Indiana will become the company's second EV production facility in the United States.
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        • content<p>Toyota, the world’s largest automaker, has announced a $1.4 billion expansion of its factory in the U.S. state of Indiana to produce electric vehicles (EVs) starting in 2026. With the new expansion, Toyota Motor Manufacturing Indiana will become the company’s second EV production facility in the United States.</p> <figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-3-Toyota-EVs.jpg" alt="" /> <figcaption class="image-caption">Toyota Motor Manufacturing Indiana President Tim Hollander (Source: PR Newswire)</figcaption> </figure> <p>According to Nikkei Asia, the investment will create 340 new high-quality jobs and increase the company’s total number of employees in Indiana to around 8,000. The expansion also raises</p> <p>Toyota’s total investment in the state to $8 billion, Green Car Congress reported. <br /><br />Toyota’s decision to increase EV production comes amid a surge in demand for its hybrid models, said CBT News.</p> <p>In April, Toyota reported record annual sales for the fiscal year ending in March, surpassing the 10 million-unit mark for the first time. Its hybrid models have played a major role in growing the company’s market share over the past year.</p> <p>Toyota’s only other EV factory in the United States is in Kentucky. The facility Georgetown is due to begin operations next year.</p> <p>"Since 2021, Toyota has announced new investments totaling $18.6 billion into its U.S. manufacturing operations to support electrification efforts," the company said.</p>
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        • section_summaryToyota, the world's largest automaker, has announced a $1.4 billion expansion of its factory in the U.S. state of Indiana to produce electric vehicles (EVs) starting in 2026. With the new expansion, Toyota Motor Manufacturing Indiana will become the company's second EV production facility in the United States.
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        • titleSingapore: A fertile ground for Edtech
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        • descriptionGlobally, education technology (Edtech) is a rapidly growing sector. According to Precision Report's EdTech Market Research Report 2024, the global Edtech market size was valued at $115 billion in 2021 and is expected to reach $467 billion by 2027.
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        • content<p>Globally, education technology (Edtech) is a rapidly growing sector. According to Precision Report’s EdTech Market Research Report 2024, the global Edtech market size was valued at $115 billion in 2021 and is expected to reach $467 billion by 2027.</p> <figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-2-SG-Education.jpg" alt="" /> <figcaption class="image-caption">Starting them young: Singapore's education system has gained admiration from around the world.</figcaption> </figure> <p>Singapore has stood out as one of the most fertile grounds for the sector’s growth. The origins of Singapore’s thriving Edtech sector can be traced back to 2014, when the country’s national government enacted its Smart Nation initiative, which required schools to incorporate innovation and technology in the daily lives of Singaporean families.</p> <p>According to UNESCO, the challenge for schools was to create meaningful learning experiences that reflected such integration, which meant that highly qualified faculty must constantly be engaged in research and innovation. Otherwise, how can one teach about advancements while experiencing none?</p> <p>Since the enactment of the Smart Nation initiative, there have been more than 790 Edtech startups launched in Singapore. Today, the government continues to invest heavily in training its future labor pool. <br /><br />Aside from encouraging life-long learning, the city-state’s government has also rolled out other initiatives to boost the growth of Edtech in Singapore, like an ICT masterplan, infrastructure upgrades, accelerator programs, increased connectivity in schools, and access to learning resources and opportunities for collaborations for schools and startups.</p> <p>Those looking to start or invest in an Edtech venture will reap many benefits by betting on Singapore.</p>
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        • section_summaryGlobally, education technology (Edtech) is a rapidly growing sector. According to Precision Report's EdTech Market Research Report 2024, the global Edtech market size was valued at $115 billion in 2021 and is expected to reach $467 billion by 2027.
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        • titleColumbia University seeks closer partnerships with Japan
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        • descriptionThe Japan Study Student Association at Columbia University's School of International and Public Affairs organized a visit to Japan in March to allow some of its members to learn more about the country's government, people, culture, and food.
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        • content<p>The Japan Study Student Association at <strong>Columbia University’s School of International and Public Affairs </strong>organized a visit to Japan in March to allow some of its members to learn more about the country’s government, people, culture, and food.</p> <figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-2-NYNJ-JASSA-Education.jpg" alt="" /> <figcaption class="image-caption">JASSA representatives during their Japan trip</figcaption> </figure> <p>“The Japan trip was a phenomenal opportunity not only from a career development perspective but also from a personal development perspective,” JASSA Representative Daniel Alvarez said in an article posted on SIPA’s website.</p> <p>“Speaking with top politicians, participating in cultural ceremonies, learning about critical events in Japan’s history, experiencing the excellent cuisine, and enjoying the nightlife with new friends made for a very well-rounded trip and once-in-a-lifetime experience,” Alvarez added.</p> <p>For SIPA students who want to join future Japan trips, Alvarez encouraged fellow members to attend upcoming JASSA events so they can express their interest to the organizers. The trip was just one of many events of SIPA to bolster U.S.-Japan cooperation.</p> <p>In June 2023<strong>, SIPA Dean Keren Yarhi-Milo</strong> visited the University of Tokyo's Graduate School of Public Policy, a fellow member of the Global Public Policy Network, where she held pivotal discussions to enhance cross-cultural exchange. <br /><br />In interviews with local media, including Nikkei Asia and TV Tokyo, Yarhi-Milo highlighted SIPA's commitment to integrating Japanese perspectives within its academic community.</p> <p>“We want our students and our faculty to be involved and engaged with Japan,” said Yarhi-Milo as she recognized the country’s significant economic and strategic influence in East Asia.</p>
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        • section_summaryThe Japan Study Student Association at Columbia University's School of International and Public Affairs organized a visit to Japan in March to allow some of its members to learn more about the country's government, people, culture, and food.
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        • title3 reasons Japan-Cambodia education partnerships are thriving
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        • descriptionAs Cambodia and Japan commemorate 70 years of diplomatic relations, the two nations look forward to a new era in their partnership as they seek fresh fields of collaboration. More and more Japanese recognize Cambodia's untapped potential and hope to play a role in the development of its population.
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        • content<p>As Cambodia and Japan commemorate 70 years of diplomatic relations, the two nations look forward to a new era in their partnership as they seek fresh fields of collaboration. More and more Japanese recognize Cambodia’s untapped potential and hope to play a role in the development of its population.</p> <p>For instance, the increased prominence of the <strong>Institute of Technology of Cambodia </strong>among the expatriate population reveals three key reasons Cambodia’s educational landscape has attracted the attention of the Japanese community.</p> <p> </p> <p><span style="font-family: helvetica; font-size: 16pt;"><strong>The population is young, growing and mobile</strong></span></p> <p> </p> <p>CiteSeerX reports that nearly 70% of Cambodians are 29-years old and younger. <br /><br />“Among Cambodia’s younger generation, the literacy rate is reported to be quite high because of increasing opportunities for education. The gender gap among young adults is not so substantial, although some age group differences exist,” Japan International Cooperation Agency said in its 2023 Country Study.</p> <figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-2-CAMB-Japan-Education.jpg" alt="" /> <figcaption class="image-caption">Institute of Technology of Cambodia Rector Dr. Po Kimtho (left) and Kanazawa University President Takashi Wada (right)</figcaption> </figure> <p>“This implies that very well-targeted literacy education by age, sex, geography, time of the class, and contents of the class will likely bring about significant domestic and foreign partnerships in Cambodia’s education sector,” the study added.An example of such a partnership is that between ITC and Panasonic Cambodia. ITC is one of only two institutions in the kingdom to receive scholarships from Panasonic Cambodia, the local subsidiary of Japanese tech giant Panasonic Group. Panasonic Cambodia Country Head Yosunoby Matsumoto said the initiative will be a means to “maximize workforce potential, fostering growth, and nurturing the next generation of leaders.”</p> <p>According to Matsumoto, Panasonic Cambodia recognizes the talented local science and technology students and continues to invest in their capacity building to develop the next generation of technology business leaders that will allow them to participate in a global economy.</p> <p><strong> </strong></p> <p><span style="font-size: 16pt;"><strong><span style="font-family: helvetica;">It is open to international collaboration</span> </strong></span></p> <p> </p> <p>Cambodia is home to more than 128 higher education institutions, at least 45 of which (including ITC) have active international partnerships with universities and organizations abroad. ITC’s outreach activities have helped position itself as an ideal partner for Japanese ventures.</p> <p>Last year, the deputy director of ITC, along with six other academic delegates, visited the Tokyo Institute of Technology (Tokyo Tech), to partake in the training course “Project for Strengthening Engineering Education and Research for Industrial Development in Cambodia,” organized by JICA.</p> <p>Subsequently, JICA formalized an agreement with ITC to strengthen engineering education and research in industrial development in Cambodia</p> <p> </p> <p><span style="font-family: helvetica; font-size: 16pt;"><strong>A growing vocationally and technically proficient workforce</strong></span></p> <p> </p> <p>“Strengthening technical and vocational training is pivotal to attracting Japanese investment in Cambodia,” said Labor and Vocational Training Minister Heng Sour, who urged JICA to persist in developing human resources in these domains, a statement that JICA President Sanui Kazumasa agreed with.</p> <p>ITC, a partner of JICA, produces approximately 3,700 undergraduate and graduate students specializing in science, technology, and engineering.</p>
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        • section_summaryAs Cambodia and Japan commemorate 70 years of diplomatic relations, the two nations look forward to a new era in their partnership as they seek fresh fields of collaboration. More and more Japanese recognize Cambodia's untapped potential and hope to play a role in the development of its population.
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        • titleJapan's JERA and Inpex to invest in separate U.S. ammonia projects
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        • descriptionTo bolster Japan's clean energy initiatives, two major Japanese energy companies, JERA and Inpex, are preparing to invest in separate projects in the United States that will produce ammonia for clean-burning power generation in Japan, Nikkei Asia reports.
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        • content<p>To bolster Japan's clean energy initiatives, two major Japanese energy companies,<strong> JERA</strong> and <strong>Inpex</strong>, are preparing to invest in separate projects in the United States that will produce ammonia for clean-burning power generation in Japan, Nikkei Asia reports.</p> <figure class="image-container floated-right" style="float: right;"><img class="align-right" src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-2-JERA-and-Inpex.jpg" alt="" /> <figcaption class="image-caption">Inpex President Takayuki Ueda</figcaption> </figure> <p><strong>JERA Global CEO and Chair Yukio Kani </strong>and<strong> Inpex President Takayuki Ueda</strong> confirmed the investments with local U.S. media at the CERAWeek 2024 energy industry conference held in Houston, Texas.</p> <p>JERA, a joint venture between Tokyo Electric Power and Chubu Electric Power, announced its partnership with Oklahoma-based green energy company, Greenfield Energy. Together, they will build a facility in Louisiana to produce green ammonia using renewable energy sources.</p> <p>Kani also confirmed to media that JERA will hire more people at its U.S. arm, aiming to expand the workforce by 30% after a year to around 250 employees.</p> <p>On the other hand, Inpex, a leading oil and gas exploration and production company, is exploring opportunities in Texas to establish its own ammonia production facility.</p> <p>According to Nikkei Asia, Inpex plans to produce 1.1 million tons of ammonia annually in Houston by 2027.</p> <p>The investments by JERA and Inpex mark significant milestones in Japan's quest for cleaner energy alternatives.</p>
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        • section_summaryTo bolster Japan's clean energy initiatives, two major Japanese energy companies, JERA and Inpex, are preparing to invest in separate projects in the United States that will produce ammonia for clean-burning power generation in Japan, Nikkei Asia reports.
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        • titleKishida visits North Carolina: Why is it groundbreaking?
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        • descriptionTo promote Japanese contribution to the United States' investment landscape, Prime Minister Fumio Kishida visited North Carolina in April to tour the site of Toyota Motor Corp.'s electric and hybrid battery plant in the city of Greensboro.
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        • content<p>To promote Japanese contribution to the United States’ investment landscape, <strong>Prime Minister Fumio Kishida</strong> visited North Carolina in April to tour the site of Toyota Motor Corp.’s electric and hybrid battery plant in the city of Greensboro.</p> <figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-2-Kishida-Visit-to-NC.jpg" alt="" /> <figcaption class="image-caption">Japanese Prime Minister Fumio Kishida (center) visits Toyota's EV battery plant being built in North Carolina. (Photo source: Nikkei Asia)</figcaption> </figure> <p>Kishida’s visit marked a historic moment in U.S.-Japan relations because it was the first time since 1891 that a foreign head of state visited the governor’s mansion and the first time in a decade that a Japanese prime minister visited the state.</p> <p>“I am honored to be here in North Carolina to showcase the multilayered and strong ties between the United States and Japan,” Kishida told guests at the luncheon at the state governor’s mansion. He also lauded North Carolina for being a state “at the forefront of the times.”</p> <p>Japan remains North Carolina’s largest foreign direct investor, employing over 30,000 people in over 200 Japanese companies.</p> <p>According to the Environmental Defense Fund, North Carolina leads all U.S. states in electric vehicle (EV) investment, attracting over $19 billion in the past year. This is attributed to its world-class infrastructure, skilled workforce, and favorable local policies.</p> <p>Capitalizing on that environment, Japanese automakers have expanded their EV production capacity in the state. Toyota invested an additional $8 billion in its Greensboro battery plant, raising its total capital investment to around $14 billion and generating more than 5,000 new jobs.</p> <p>Chiaki Takagi, a Japanese studies lecturer at the University of North Carolina Greensboro, highlighted the significance of Kishida’s visit: “This whole thing will provide the area with opportunities to be engaged in very active cultural exchange between Japan and the U.S.”</p>
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        • section_summaryTo promote Japanese contribution to the United States' investment landscape, Prime Minister Fumio Kishida visited North Carolina in April to tour the site of Toyota Motor Corp.'s electric and hybrid battery plant in the city of Greensboro.
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        • titleFujifilm to spend $1.2 B to expand its bio-manufacturing facility in North Carolina
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        • descriptionFujifilm announced an additional $1.2 billion investment this month to expand its end-to-end bio-manufacturing facility in Holly Springs, North Carolina. The expansion brings Fujifilm's total investment in its North Carolina facility to over $3.2 billion and is projected to create 680 new jobs by 2031. The fresh investment also makes it the largest facility of its kind in North America.
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        • content<p>Fujifilm announced an additional $1.2 billion investment this month to expand its end-to-end bio-manufacturing facility in Holly Springs, North Carolina. The expansion brings Fujifilm’s total investment in its North Carolina facility to over $3.2 billion and is projected to create 680 new jobs by 2031. The fresh investment also makes it the largest facility of its kind in North America.</p> <figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-2-Fujifilm.jpg" alt="" /> <figcaption class="image-caption">Fujifilm Corporation President and CEO Teiichi Goto</figcaption> </figure> <p>“This investment is an important step to further accelerate the growth of our biopharmaceutical CDMO (contract development and manufacturing organization) business,” said <strong>Fujifilm Corp. President and CEO Teiichi Goto</strong>.</p> <p>“Fujifilm is committed to advancing a healthier society, and we are proud that our people, and this site in Holly Springs will play a vital role in supporting our partners in producing critical therapies to serve the needs of patients,” Goto added.</p> <p>According to Fujifilm, the investment will also support its initiatives that contribute to net-zero operations.</p> <p>Meanwhile, <strong>Economic Development Partnership of North Carolina CEO Christopher Chung</strong> expressed support for the project.</p> <p>“North Carolina is known worldwide as a biotechnology hub thanks to the continued investment from companies like Fujifilm Diosynth. Our robust infrastructure, top-notch engineering talent in the state, and partnerships with entities like NC State University and the North Carolina Biotechnology Center, provide support for innovative companies like FUJIFILM to continue to grow.”</p>
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        • section_summaryFujifilm announced an additional $1.2 billion investment this month to expand its end-to-end bio-manufacturing facility in Holly Springs, North Carolina. The expansion brings Fujifilm's total investment in its North Carolina facility to over $3.2 billion and is projected to create 680 new jobs by 2031. The fresh investment also makes it the largest facility of its kind in North America.
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        • titleBuilding a partnership for the future
        • description_old(null)
        • descriptionRooted in shared values and mutual interests, the relationship between Canada and its next-door neighbor, the United States, has grown beyond the economic and political spheres. The alliance has opened a new chapter, one that lays out closer cooperation in high-tech and quantum computing.
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        • content<p>Rooted in shared values and mutual interests, the relationship between Canada and its next-door neighbor, the United States, has grown beyond the economic and political spheres.</p> <p>The alliance has opened a new chapter, one that lays out closer cooperation in high-tech and quantum computing.</p> <p>In a press conference in March last year, Canadian Prime Minister Justin Trudeau unveiled a groundbreaking agreement: “Canada and the United States have agreed to put in force a system for building semiconductors.”</p> <p>The agreement signifies a strong commitment to bolstering their nations’ technological prowess, strengthening their economic competitiveness, and boosting job growth across the region. The partnership, symbolized by IBM’s decision to expand its semiconductor facility in Bromont, Quebec, underscores the intertwined destinies of these two North American powerhouses.</p> <p><strong>Canadian Minister of Innovation, Science and Industry François-Philippe Champagne</strong> stressed the importance of building a robust wireless infrastructure.</p> <p>“Canadians deserve strong, secure, and reliable wireless networks and services,” he said.</p> <p>Through investments in Ericsson Canada, the government affirms its dedication to improving the current 5G networks and building the future landscape of 6G technology.</p> <p>“The United States is Canada’s top global investor. We are uniquely positioned to offer American companies unmatched benefits, including short supply chains, green energy, global market access, and seamless integration to home operations,” said <strong>Invest in Canada CEO Laurel Broten</strong>.</p> <p>Meanwhile, Quebec has emerged as a hotbed of technological advancement, notably in digital technologies and quantum computing. This high-tech ecosystem involves educational institutions, like Université de Sherbrooke; research facilities, such as C2MI; and a mix of dynamic companies, including IBM, Multiverse Computing, Nord Quantique, Qubic Technologies, and Teledyne MEMS.</p> <p>“We are leveraging our existing expertise in microelectronics. Quebec is poised to spearhead quantum computing initiatives, cementing its status as a global innovation hub. By embracing cutting-edge technologies, Quebec not only propels economic growth but also enriches cross-sector collaboration, fostering synergies that drive progress across various industries,” said <strong>Quebec’s Minister of Economy, Innovation, and Energy Pierre Fitzgibbon</strong>.</p> <p>As both nations navigate the complexities of the digital age, the US-Canada partnership has laid down the path toward a more interconnected and prosperous North America.</p> <p> </p> <p><strong>Closer cross-border collaboration</strong></p> <p> </p> <p>This thriving bilateral partnership has fostered closer collaboration across all the provinces and territories in Canada. In Alberta, particularly in the capital Edmonton, there has been a surge in activity in technological innovation, lessening the province’s dependence on the oil and gas sector.</p> <figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Canada%202024/FA-2024-CANADA-ETS-Montreal-Gagnon.jpg" alt="" /> <figcaption class="image-caption">ETS Montreal CEO and President Prof. François Gagnon</figcaption> </figure> <p>“What is unique about Alberta is that you can come here and make a difference at the table. If you don’t have a seat at the table, you create your own. The entrepreneurial spirit is alive, and we are a place where “co-opetition” is the norm, and competitors help each other. Alberta is the place to jump into the bigger markets, and we are strategically located in a geographic home that allows you to expand your business globally,” said <strong>Edmonton International Airport (YEG) President and CEO Myron Keehn</strong>.</p> <p>The collaborative spirit and strategic positioning of Canadian cities like Edmonton have made them attractive destinations for many tech giants and startups looking for new, cost-effective locations to set up their businesses. The growth-conducive conditions have pulled in domestic and international companies.</p> <p>None of this progress could have happened were it not for Canada’s education system.</p> <p>Institutions such as Université de Sherbrooke and École de technologie supérieure (ÉTS Montreal), both in the province of Quebec, emphasize their mission to cultivating innovation and collaboration so that good ideas can be transformed into powerful solutions and the technologies of tomorrow.</p> <p>“At École de technologie supérieure, we do things differently and we’re proud of it. Our bold model has worked, and it drives us to push the boundaries of engineering. Our researchers and professors change the world every day, and our students are the engineering leaders of tomorrow. More than ever, our distinctive expertise is being recognized by companies and a variety of business partnerships and we want to go even further to better meet the growing needs of North America and the world,’’ said <strong>ETS Montreal CEO and President Prof. François Gagnon</strong>.</p> <p>For Université de Sherbrooke, founded in 1954, the mission was driven by pragmatic needs in the community.</p> <p>“Sherbrooke needed higher education. The community wanted a ‘complete’ university, which meant law, medicine, arts, science, and business. Local businesses, schools and hospitals also wanted our approach to be practical,” said <strong>Université de Sherbrooke Rector Pierre Cossette</strong>.</p> <p>“So, at UdeS, we teach discovery research and its applications. We like to say we can go from the molecule to the patient or from the electron to the computer. We make complex areas of research, like quantum computing, accessible to both teachers and students. We generate startups and break down barriers to application in partnership with business,” he added.</p>
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        • section_summaryRooted in shared values and mutual interests, the relationship between Canada and its next-door neighbor, the United States, has grown beyond the economic and political spheres. The alliance has opened a new chapter, one that lays out closer cooperation in high-tech and quantum computing.
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        • id545684
        • titleHow Québec is shaping the future
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        • descriptionAt the northern tip of North America's semiconductor corridor lies ground zero of innovation: Québec's digital technologies and quantum innovation zones. Positioned to create maximum impact, these zones benefit from synergies that transform new ideas into life-changing applications.
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        • content<p>At the northern tip of North America’s semiconductor corridor lies ground zero of innovation: Québec’s digital technologies and quantum innovation zones. Positioned to create maximum impact, these zones benefit from synergies that transform new ideas into life-changing applications.</p> <p>Imagine an ecosystem where over 500 partners, including academic institutions like <strong>Université de Sherbrooke</strong>, converge, driving innovation forward.</p> <p>In Bromont, global tech giants play a key role in the North American semiconductor supply chain. The <strong>Technum Quebec</strong> innovation zone hosts companies such as <strong>IBM</strong> and one of its largest semiconductor assembly and testing facilities globally and <strong>Teledyne MEMS</strong>, a world leader in the MEMS Pure Play foundry market and <strong>C2MI</strong>, Canada’s largest dedicated semiconductor R&D centre.</p> <p>Sherbrooke’s quantum innovation zone, <strong>Distriq</strong>, is a thriving collaborative ecosystem, where innovators and start-ups come together to focus on quantum science. Here, world-leading companies including, <strong>Multiverse Computing</strong>, <strong>Nord Quantique</strong>, and <strong>Qubic Technologies</strong> change the future.</p> <p>These innovation zones are critical components of global partnerships that advance digital and quantum technologies for the semiconductor industry. With extensive free trade agreements already in place, the time is right for a sectoral auto-pact style agreement.</p>
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        • section_summaryAt the northern tip of North America's semiconductor corridor lies ground zero of innovation: Québec's digital technologies and quantum innovation zones. Positioned to create maximum impact, these zones benefit from synergies that transform new ideas into life-changing applications.
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        • titleETS Montreal: Where innovation happens
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        • descriptionÉcole de technologie supérieure (ÉTS Montreal) is marking its 50th anniversary this year having built a solid reputation as a place where future leaders in technology and innovation are trained with practical training.
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        • content<p><strong>École de technologie supérieure (ÉTS Montreal)</strong> is marking its 50th anniversary this year having built a solid reputation as a place where future leaders in technology and innovation are trained with practical training.</p> <p>“At ÉTS Montreal, students enjoy innovating. We encourage them to embrace open science and innovation, and train them to become the next generation of highly skilled researchers and engineers,” said <strong>ETS Montreal CEO and Director General Prof. François Gagnon</strong>.</p> <p>“Through entrepreneurial culture or industry internships, they develop life-changing products, from eco-friendly aircraft engines and electric vehicles to NFL helmets that reduce concussions, imaging technology solutions that provide 3D images of knee biomechanics, a minimally invasive modular heart pump, and almost invisible yarns for new fabrics and more,” Gagnon added.</p> <p>ÉTS fosters technological exchange and innovation between Canada and the United States. An example of this collaboration is in the aerospace industry between Pratt and Whitney. With new challenges to face, ÉTS trains students to meet the future demand for inventors and problem solvers.</p> <p>Another example of this cross-border partnership is with Ultra Electronics, with which ETS has a longstanding relationship. The partnership has led to the design of wireless systems for the U.S. military.</p> <p><strong><em><a href="https://www.etsmtl.ca">https://www.etsmtl.ca</a></em></strong></p> <figure class="image-container floated-left" style="float: left;"><img src="https://www.gmipost.com/img/uploads/Canada%202024/FA-2024-CANADA-IETS-Montreal-Logo-2.jpg" alt="" /> <figcaption class="image-caption"></figcaption> </figure>
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        • section_summaryÉcole de technologie supérieure (ÉTS Montreal) is marking its 50th anniversary this year having built a solid reputation as a place where future leaders in technology and innovation are trained with practical training.
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        • titleHow one New Jersey city became an investment magnet
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        • descriptionIn the heart of New Jersey lies the industrial city of Elizabeth, a burgeoning metropolis under the leadership of Mayor James Christian Bollwage. Since assuming office in 1992, Bollwage has orchestrated a strategic transformation to steer the city toward economic prosperity.
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        • content<p>In the heart of New Jersey lies the industrial city of Elizabeth, a burgeoning metropolis under the leadership of<strong> Mayor James Christian Bollwage</strong>. Since assuming office in 1992, Bollwage has orchestrated a strategic transformation to steer the city toward economic prosperity.</p> <figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-1-NYNJ-Elizabeth-Ciyy-Mayor-Christian-Bollwage.jpg" alt="" /> <figcaption class="image-caption">Elizabeth Mayor James Christian Bollwage</figcaption> </figure> <p>Bollwage's vision transcends conventional municipal governance as it embodies a commitment to fostering sustainable growth and nurturing a vibrant economy. <br /><br />"We must not only adapt to change but drive it ourselves," Bollwage told GMI POST.</p> <p>Under his stewardship, Elizabeth has emerged as an example of opportunity, attracting both domestic investors and international ventures seeking a strategic foothold in the American market, especially with Port Elizabeth.</p> <p>Central to Bollwage's agenda is the cultivation of a robust service economy tailored to meet the evolving needs of the current marketplace. Embracing innovation as the cornerstone of progress, he has championed initiatives aimed at harnessing the city's human capital and technological infrastructure,</p> <p>Reflecting on his transformative policies, Bollwage said, “Economic revitalization is not a solitary endeavor; it is a collaborative endeavor that requires the concerted efforts of government, business, and community stakeholders.”</p> <p>The mayor stressed that he would foster a climate of cooperation and synergy wherein public-private partnerships flourish and entrepreneurial spirit thrives.</p> <p>Through strategic investments in infrastructure, education, and workforce development, Bollwage has laid the foundation for sustained prosperity, ensuring that Elizabeth remains an attractive destination for investment and innovation.</p> <p>“In the city of Elizabeth, we have a slogan: It all starts here. This could refer to the history of our city, but it also could refer to the investment or the future investment in our city. This is the entry point for the goods that come from all around the world. I think that the entrepreneurs and corporations would find our city to be a very welcoming place,” Bollwage said.</p>
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        • section_summaryIn the heart of New Jersey lies the industrial city of Elizabeth, a burgeoning metropolis under the leadership of Mayor James Christian Bollwage. Since assuming office in 1992, Bollwage has orchestrated a strategic transformation to steer the city toward economic prosperity.
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        • titleVisit Siem Reap 2024: Cambodia's next ace in tourism
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        • descriptionWith a blend of natural, cultural, and historical wonders, among them the 900-year-old Angkor Wat, a UNESCO World Heritage Site, Cambodia offers well-preserved archeological sites, a vibrant urban scene, and relaxing tropical resorts.
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        • content<p>Cambodia, also known popularly as the Kingdom of Wonder, is regarded by the travel industry as among Southeast Asia’s most popular tourism destinations. With a blend of natural, cultural, and historical wonders, among them the 900-year-old Angkor Wat, a UNESCO World Heritage Site, the country offers well-preserved archeological sites, a vibrant urban scene, and relaxing tropical resorts.</p> <figure class="image-container floated-right" style="float: right;"><img class="align-right" src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-1-CAMB-Tourism-Minister-Sok-Soken.jpg" alt="" /> <figcaption class="image-caption">Tourism Minister Sok Soken</figcaption> </figure> <p>The kingdom continues to attract more travelers from around the world. In 2023, Cambodia saw a 156% increase in tourism arrivals from the previous year, making it one of Asia's top most-visited countries. This growth in the country’s tourism sector is predicted to become a major pillar of Cambodia’s economic growth, The Asian Development Bank projects Cambodia's economy to grow from 5.8% in 2024 to 6.0% in 2025.</p> <p>Behind this success story is Cambodia’s Ministry of Tourism, which has launched promotional campaigns and innovative strategies that target international visitors. Following the successful campaigns in the previous years, the government announced its newest initiative, Visit Siem Reap 2024.</p> <p>Anchored around the world-famous Angkor Archaeological Park, the campaign will showcase the splendor of its home Siem Reap, and further elevate the ancient site into a must-visit destination on the global tourism map.</p> <p>“The Visit Siem Reap 2024 campaign, together with our other activities, will help us initiate more tourism activities with priority markets. There will be a lot of cultural activities, and interaction at the government, private, and business sector levels. With the coordination of the Ministry of Tourism, all the engagement activities will be on the horizon,” said <strong>Tourism Minister Sok Soken </strong>during the launch held at Angkor Wat.</p> <p>Echoing his sentiment, <strong>Prime Minister Hun Maten</strong> pledged his support for the campaign, which envisions annual events in Siem Reap province and the transformation of the local Phnom Kulen National Park into “an attractive destination for cultural, natural, adventure and religious tourism.”</p> <p><strong>Thourn Sinan, chairman of the Pacific Asia Travel Association Cambodia Chapter</strong>, also outlined a strategic roadmap for the success of the Visit Siem Reap 2024 campaign, which includes developing an evocative brand identity that highlights the unique cultural experiences of Siem Reap, launching a multilingual website and social media channels, partnering with influencers in key markets, and distributing promotional materials globally through airline partnerships and travel agencies.</p> <p>“By comprehensively implementing these strategies across marketing, experiences, and sustainability, Siem Reap aims to become Southeast Asia’s most vibrant cultural destination, protecting heritage and inspiring visitors through authentic encounters with Khmer civilization,” he said.</p>
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        • section_summaryWith a blend of natural, cultural, and historical wonders, among them the 900-year-old Angkor Wat, a UNESCO World Heritage Site, Cambodia offers well-preserved archeological sites, a vibrant urban scene, and relaxing tropical resorts.
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        • title3 core values that shape Singapore's strong economy
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        • descriptionIt's no accident the world's most recognizable brands are present in Singapore. With a total land area of only 734.3 sq. Km., the island state is dubbed The Little Red Dot. But, what the country lacks in size, it makes up for in economic dynamism.
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        • content<p>It’s no accident the world’s most recognizable brands are present in Singapore. With a total land area of only 734.3 sq. Km., the island state is dubbed The Little Red Dot. But, what the country lacks in size, it makes up for in economic dynamism.</p> <figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-1-SG-SICC-CEO-Victor-Mills.jpg" alt="" /> <figcaption class="image-caption">Singapore International Chamber of Commerce CEO Victor Mills</figcaption> </figure> <p>As of 2023, Singapore ranked 4th among 64 countries in the World Competitive Index, surpassed only by Denmark, Ireland, and Switzerland.</p> <p>In an interview with GMI POST, <strong>Singapore International Chamber of Commerce CEO Victor Mills</strong> explained that because of a scarcity of natural resources, Singapore’s private, public, and non-government sectors have had to collaborate closely to achieve its economic strength.</p> <p>“Industrial relations are no longer adversarial like they were in the 50’s. They’re consensual because everybody realizes that we’re all in the same boat. The answer is to work together. Similarly, there is racial and religious harmony. We’re a multiracial society,” Mills said.</p> <p>Harmony. Intention. Partnership.</p> <p>Those three words are simple enough to be appreciated by elementary school children. Yet, the same words characterize Singapore’s economic policies, world-class infrastructure, highly skilled workforce, and leadership in innovation.</p> <p>By adhering to those core values, Singaporeans have entered into a social contract that secures a good quality of life for its people.</p> <p>Among the key stakeholders, SICC contributes to the strong social and economic framework by being strategic and innovative. Mills explained that over the years, the organization has served both local and multinational corporations, positioning it as a “Singaporean chamber with a global perspective”.</p> <p>Currently, SICC has partnered with the Singaporean American School. The collaboration aims to benefit industries with a special focus on the education sector. </p>
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        • section_summaryIt's no accident the world's most recognizable brands are present in Singapore. With a total land area of only 734.3 sq. Km., the island state is dubbed The Little Red Dot. But, what the country lacks in size, it makes up for in economic dynamism.
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        • titleToyota makes big move to advanced tech and clean energy solutions
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        • descriptionToyota Ventures, the early-stage venture capital arm of Japanese car giant Toyota, announced plans to invest $300 million in startups focusing on advanced technology and clean energy projects, boosting its capital asset commitment to over $800 million.
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        • content<p><strong>Toyota Ventures</strong>, the early-stage venture capital arm of Japanese car giant Toyota, announced plans to invest $300 million in startups focusing on advanced technology and clean energy projects, boosting its capital asset commitment to over $800 million. </p> <figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK1-Toyota.jpg" alt="" /> <figcaption class="image-caption">Toyota Ventures Founder and General Partner Jim Adler (Photo credit: Toyota USA Newsroom)</figcaption> </figure> <p>The investment will be split evenly between two global funds: Toyota Ventures Frontier Fund II (TVFF II) led by veteran angel investor<strong> David Sokolic</strong> and Toyota Ventures Climate Fund II (TVCF II) headed by <strong>Partner Lisa Coca</strong>.</p> <p>Funds from TVFF II will be used to support international startups focused on emerging technologies such as AI, mobility robotics, cloud services, and quantum computing. It is expected to diversify the portfolio range of its predecessor, the initial TVFF, which invested in organizations such as satellite service operator Starfish Space, biosensor producer Scentian Bio, and quantum computing software developer Haiqu.</p> <p>Meanwhile, TVCF II will focus on startups that develop smart, scalable, and sustainable clean energy solutions to combat climate change. Like its predecessor in 2021, TVFC II will invest in diverse solutions ranging from renewable energy, energy storage, and hydrogen, building on a portfolio that includes green hydrogen producer Ecolectro, carbon capture and removal service provider Air Company, and energy storage and battery producer e-Zinc and AM Batteries.</p> <p>Emphasizing the importance of these investments,<strong> Toyota Ventures Founder and General Partner Jim Adler </strong>said, “With seismic breakthroughs in generative AI, e-fuels, space commercialization, carbon capture, and synthetic biology, it’s a crucial time to be investing for Toyota.”</p> <p>For <strong>Gill Pratt</strong>, chief scientist of Toyota Motor Corporation, CEO of Toyota Research Institute (TRI), and board member at Toyota Ventures, the company, through these funds, will work closely with innovators to solve the world’s biggest challenges.</p> <p>“These new funds underscore our dedication to supporting entrepreneurs who are pushing the boundaries of what’s possible,” said Pratt.</p> <p>Since its inception in 2017, Toyota Ventures has advanced Toyota's mobility transformation efforts by investing in more than 75 early-stage startups in diverse industries ranging from artificial intelligence to hydrogen solutions.</p> <p>“We are explorers. Our role is to understand technology trends and embrace the next generation of disruptive innovation in the long term,” Adler added.</p>
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        • section_summaryToyota Ventures, the early-stage venture capital arm of Japanese car giant Toyota, announced plans to invest $300 million in startups focusing on advanced technology and clean energy projects, boosting its capital asset commitment to over $800 million.
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        • titleMicrosoft to invest $2.9 billion in Japan's AI and cloud infrastructure
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        • descriptionMicrosoft announced it will invest $2.9 billion in Japan's cloud computing and AI infrastructure over the next two years. It will be the largest investment by the tech giant, which has enjoyed steady growth in the Japanese market for over 46 years.
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        • content<p>Microsoft announced it will invest $2.9 billion in Japan’s cloud computing and AI infrastructure over the next two years. It will be the largest investment by the tech giant, which has enjoyed steady growth in the Japanese market for over 46 years.</p> <figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-1-Microsoft.jpg" alt="" /> <figcaption class="image-caption">(Left to right) Japanese Prime Minister Fumio Kishida, Microsoft Vice Chair and President Brad Smith, U.S. Chamber of Commerce President and CEO Suzanne P. Clark, U.S. Ambassador to Japan Rahm Emanuel, and Microsoft Japan President Miki Tsusaka (Photo credit: Microsoft News)</figcaption> </figure> <p>The investment in Japan’s tech industry is expected to benefit at least 3 million Japanese through upskilling and new full-time and part-time jobs.</p> <p>This new investment also builds on Microsoft’s support for the Generative AI Accelerator Challenge (GENIAC), a program led by Japan’s Ministry of Economy, Trade and Industry that helps innovative startups and established enterprises develop foundation models as a core technology of generative AI in the country.</p> <p>As part of its investment, Microsoft also plans to work with Japan’s Cabinet Secretariat to strengthen cybersecurity resilience under its updated National Security Strategy.   </p> <p><strong>Japanese Prime Minister Fumio Kishida</strong> has expressed full support for Microsoft’s initiatives.</p> <p>“As economic activities in the digital space increase, it is important for the Japanese industry as a whole to work with global companies like Microsoft that are equipped with a set of digital infrastructure. We appreciate Microsoft’s announcement of its new investment in Japan,” Kishida said.</p> <p>“Microsoft has made significant contributions to the social implementation of generative AI in Japan through various initiatives, and we look forward to further collaboration. We also look forward to deepening our cooperation in the field of cybersecurity,” the prime minister added.</p> <p>Meanwhile, <strong>Microsoft Japan President Miki Tsusaka</strong> said, “We are honored to contribute to Japan and its future with our largest investment to date, technology and knowledge. In collaboration with our partners, Microsoft Japan is fully committed to supporting the people and organizations of Japan to solve social problems and achieve more.”</p>
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        • section_summaryMicrosoft announced it will invest $2.9 billion in Japan's cloud computing and AI infrastructure over the next two years. It will be the largest investment by the tech giant, which has enjoyed steady growth in the Japanese market for over 46 years.
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        • titleKishida urges American tech giants to increase investments in Japan
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        • descriptionDuring an official visit to the United States in April, Japanese Prime Minister Fumio Kishida called for stronger bilateral economic relations through increased investments in Japan's semiconductor, artificial intelligence, and quantum computing sectors, stressing that it will result in reciprocal investments from his country.
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        • content<p>During an official visit to the United States in April, <strong>Japanese Prime Minister Fumio Kishida </strong>called for stronger bilateral economic relations through increased investments in Japan’s semiconductor, artificial intelligence, and quantum computing sectors, stressing that it will result in reciprocal investments from his country.</p> <figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-1-Japan-Trade.jpg" alt="" /> <figcaption class="image-caption">Japanese Prime Minister Fumio Kishida and U.S. President Joe Biden (Photo credit: Reuters)</figcaption> </figure> <p>“I want to make this year a period when Japan can completely exit the mindset of deflation and cost cutting,” said Kishida, who emphasized his government’s commitment to propel the country towards the next economic stage.</p> <p>Meanwhile, <strong>U.S. President Joe Biden </strong>welcomed the prime minister’s comments as the two leaders celebrated the deep and historic ties between their countries.</p> <p>“We very much welcome U.S. investments in Japan to foster collaboration on vital emerging technologies,” said Kishida, who believes his country will benefit from American expertise and resources in critical technological domains.</p> <p>During the visit, Kishida also met with various American business leaders including executives from IBM, Pfizer, Boeing, Micron Technology, and Western Digital.</p> <p>Stressing that Japan has remained the largest investor in the United States and has generated more than 1 million jobs in the country, Kishida also cited the collaboration between IBM and Japan's Rapidus in advancing logic chip production.</p> <p>Kishida said Japan was on its way to economic growth, mentioning the central bank's recent interest rate hike and record share prices.</p>
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        • section_summaryDuring an official visit to the United States in April, Japanese Prime Minister Fumio Kishida called for stronger bilateral economic relations through increased investments in Japan's semiconductor, artificial intelligence, and quantum computing sectors, stressing that it will result in reciprocal investments from his country.
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        • titleHow to stage a comeback
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        • descriptionThe year 2023 was going to be Northern California's time of reckoning, as it struggled to deal with the worst effects of the pandemic and the ensuing supply chain crisis. Ahead of the release of final year-end figures, however, the region appears to be on the road to full recovery.
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        • content<p>The year 2023 was going to be Northern California’s time of reckoning, as it struggled to deal with the worst effects of the pandemic and the ensuing supply chain crisis. Ahead of the release of final year-end figures, however, the region appears to be on the road to full recovery.</p> <p>According to the latest forecast, the state’s labor market is expected to grow by 2.2%, which translates to 398,000 jobs, 80% of which will come from the public sector and the hospitality and health care industries.</p> <p>While some sectors remain more dynamic than others, for the Port of Stockton the pandemic caused a welcome disruption in the supply chain.</p> <p>“We saw about a 30% increase in volume during that supply chain crisis. Many commodities that were typically in containers were taken out because costs were high. They were thus moved in break bulk, and we handled a large part of that business. We had a record year in 2022 when 4.9 million metric tons were processed through the port. Our volumes have since returned to pre-pandemic levels,” said <strong>Port of Stockton Director Kirk DeJesus</strong>.</p> <p>Although the agricultural sector suffered the biggest blow, certain crops, like almonds and cherries, retained Japan as a major market, according to California Cherries.</p> <p>As the industrial landscape continues to evolve, organizations like the Japanese Chamber of Commerce of Northern California<strong> </strong>emphasize the importance of staying closely connected with the Japanese community and its partners.</p> <p>“The tendency is for Japanese companies to establish R&D (research and development) hubs. Legacy companies create venture capital arms that seek investment opportunities. These ties strengthen the partnership of Northern California and Japan. The ecosystem in Silicon Valley is still the biggest in the world. That’s why I believe that there are opportunities here,” said <strong>JCCNC Executive Director Keijiro Hora</strong>.</p> <p>As a result, Japanese multinationals such as Mitsubishi Corp. and Furukawa Sangyo have established investment groups focused on start-ups in Silicon Valley. </p> <p>With the continued thrust to integrate intelligent systems, educational partners are exploring innovation management and its corresponding impact on the relationships between innovation groups and larger companies. Among them is Stanford University’s US-Asia Technology Management Center.</p> <p>“We look at the kind of impact that new technology businesses have on industry value chains. We interact directly with innovation groups and help them design the best strategic relationship with headquarters.There’s heightened interest, usually from large Japanese companies with U.S.-based innovation groups because of the exciting entrepreneurial ecosystem here in Silicon Valley,” explained <strong>US-ATMC Director Richard Dasher.</strong></p> <p>Nevertheless, independent startups like <strong>Omneky </strong>have proven that one can be indepently successful. For <strong>Founder and CEO Hikari Senju</strong>, it became a personal mission to integrate technology and art.</p> <p>“From day one, the objective was to disrupt the creative services industry with generative AI,” Senju said.</p> <p>In the clean energy sphere, Principle Power<strong> </strong>is a global technology and services provider for the floating wind market. Its trademarked WindFloat technology, deployed in 75-megawatt projects across Europe, has proven its resilience in challenging environments, while delivering energy to 55,000 homes annually.</p> <p>“We’re expanding to Japan by partnering with local stakeholders like Tokyo Gas and leveraging programs like NEDO’s (New Energy and Industrial Technology Development Organization) Green Investment Fund to secure and accelerate the pathway for the deployment of commercial scale projects,” said <strong>Principle Power Vice President for Engineering Antoine Peiffer</strong>.</p> <p>With the inevitable integration of such mechanisms, the increasing reliance on advanced technologies has yielded effective cost-cutting measures for many firms.</p> <p>But the increasing impact of machine innovation has raised issues about the value of humans and the traditional labor force that once dominated. In light of this, institutions like Sofia University are helping business leaders and managers design human-centric artificial intelligence systems through its flagship program in transpersonal psychology.</p> <p>“The humanistic aspects of an organization, like the culture of engagement and communication, are embodied in transpersonal education. Our leadership and coaching certification programs are good options for companies that are looking into promoting people to key organizational roles,” said <strong>Sofia University Director of Marketing and Communications Roland Reese</strong>.</p>
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        • section_summaryThe year 2023 was going to be Northern California's time of reckoning, as it struggled to deal with the worst effects of the pandemic and the ensuing supply chain crisis. Ahead of the release of final year-end figures, however, the region appears to be on the road to full recovery.
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        • titleUnveiling innovation: Inside Stanford's US-Asia Technology Management Center
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        • descriptionMarking its 32nd anniversary this year, Stanford University's US-Asia Technology Management Center positions itself as a leading education and research center focused on integrating practical perspectives into international strategic technology management.
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        • content<p>Marking its 32nd anniversary this year, <strong>Stanford University’s US-Asia Technology Management Center</strong> positions itself as a leading education and research center focused on integrating practical perspectives into international strategic technology management.</p> <p>The center offers a unique industrial affiliate program, facilitating collaborative research discussions among faculty and corporate members in a pre-competitive environment. Corporate affiliates can also send employees as visiting scholars to engage with Silicon Valley’s ecosystem directly.</p> <figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/NorCal%202024/JT-2023-NORCAL-Stanford-Dasher.jpg" alt="" /> <figcaption class="image-caption">US-Asia Technology Management Center Director Richard B. Dasher</figcaption> </figure> <p>“Companies want to know about the most effective innovation programs. That’s why they join US-ATMC,” said <strong>Director Richard B. Dasher</strong>, who has led the organization since 1993. Dasher holds a doctorate in linguistics from Stanford.</p> <p>Although research motivates industry leaders to engage with the center, according to Dasher, one of its main functions is determining the most effective value chains. US-ATMC often acts as a coordinator between innovators in Silicon Valley and their respective corporate headquarters outside California.</p> <p>In facilitating partnerships among businesses, researchers, and government entities from the U.S. and throughout Asia, the center leverages its unique position to foster robust information exchange.</p> <p>Dasher’s dedication to strengthening international ties earned him a Foreign Minister’s Commendation from Japan in August 2023 in recognition of his contributions to fostering friendship between Japan and other nations.</p> <p><strong><em><a href="https://asia.stanford.edu">https://asia.stanford.edu</a></em></strong></p> <figure class="image-container floated-left" style="float: left;"><img src="https://www.gmipost.com/img/uploads/NorCal%202024/JT-2023-NORCAL-Stanford-QR-Code.jpg" alt="" /> <figcaption class="image-caption"></figcaption> </figure>
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        • section_summaryMarking its 32nd anniversary this year, Stanford University's US-Asia Technology Management Center positions itself as a leading education and research center focused on integrating practical perspectives into international strategic technology management.
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        • titlePort of Stockton: 90 years strong
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        • descriptionThe Port of Stockton is focused on becoming the preferred logistics hub on the U.S. West Coast as Director Kirk DeJesus increases investments to improve rail connectivity and berth capacity.
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        • content<p><strong>The Port of Stockton</strong> is focused on becoming the preferred logistics hub on the U.S. West Coast as <strong>Director Kirk DeJesus</strong> increases investments to improve rail connectivity and berth capacity.</p> <figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/NorCal%202024/JT-2023-NORCAL-Port-of-Stockton-Warehouse.jpg" alt="" /> <figcaption class="image-caption">The Port of Stockton has increased its capacity and connectivity ahead of a rise in activity.</figcaption> </figure> <p>DeJesus realizes the importance of the port to Northern California — it generates over $1.7 billion in economic activity and provides nearly 11,000 jobs.</p> <p>“We’re anticipating significant growth in the coming years as soda ash, primarily headed to Southeast Asia, becomes one of the top export products for the region. Funding from the state of California enables us to invest in a dual rail track system that will help transport 5 to 7 million metric tons of soda ash per year,” DeJesus said.</p> <p>“Every progress made is to enhance our service level to businesses and end-users. We won’t exist without our customers and Japan has consistently been one of our most committed partners,” he added.</p> <p>Marking its 90th anniversary last year, the Port of Stockton is confident it will grow for many years to come as long as its focus is centered on clients, its services remain reliable and operations stay adaptable to changes in global business and trade.</p> <p><strong><em><a href="https://www.portofstockton.com" target="_blank" rel="noopener">https://www.portofstockton.com</a></em></strong></p> <figure class="image-container floated-left" style="float: left;"><img src="https://www.gmipost.com/img/uploads/NorCal%202024/JT-2023-NORCAL-Port-of-Stockton-Logo.jpg" alt="" /> <figcaption class="image-caption"></figcaption> </figure>
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        • section_summaryThe Port of Stockton is focused on becoming the preferred logistics hub on the U.S. West Coast as Director Kirk DeJesus increases investments to improve rail connectivity and berth capacity.
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        • id545675
        • titleOmneky: A true tech disruptor
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        • description"We are entering a world where attention is going to be scarcer as the cost of creating content approaches zero," said Hikari Senju, who typifies the successful tech entrepreneur with an exceptional educational background.
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        • content<p>“We are entering a world where attention is going to be scarcer as the cost of creating content approaches zero,” said <strong>Hikari Senju</strong>, who typifies the successful tech entrepreneur with an exceptional educational background.</p> <figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/NorCal%202024/JT-2023-NORCAL-Omneky-Founder.jpg" alt="" /> <figcaption class="image-caption">Omneky Founder and CEO Hikari Senju</figcaption> </figure> <p>A computer science graduate of Harvard University, Senju founded <strong>Omneky</strong> in 2018 after selling his previous startup Quickhelp to Yup.com, where he led growth. With that, Omneky became the first mover in generative AI to engage ad tech.</p> <p>Today, Omneky is the world leader and best capitalized company in generative AI and advertising. Omneky generates omnichannel advertisements personalized to drive conversions for each customer and brand.</p> <p>“All individuals live in their own filter bubble. Our technology generates content that breaks through the filter bubbles and communicates product values personalized to each user’s content preferences while maintaining brand safety,” Senju explained.</p> <p>Through state-of-the-art deep learning, Omneky generates content targeting specific audience segments that drive conversions due to better personalization and omnichannel orchestration. Omneky advertising campaigns increase return on ad spend by 3.5 times while driving cost savings as much as eight times higher. Customers can maximize the impact and reach of their advertisements and content across all digital touch points.</p> <p>With a steadfast mission to democratize the growth of businesses by scaling creativity through technology, Omneky displays a deep passion for human ingenuity.</p> <p><strong><em><a href="https://www.omneky.com" target="_blank" rel="noopener">https://www.omneky.com</a></em></strong></p> <figure class="image-container floated-left" style="float: left;"><img src="https://www.gmipost.com/img/uploads/NorCal%202024/JT-2023-NORCAL-Omneky-Logo.jpg" alt="" /> <figcaption class="image-caption"></figcaption> </figure>
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        • section_summary"We are entering a world where attention is going to be scarcer as the cost of creating content approaches zero," said Hikari Senju, who typifies the successful tech entrepreneur with an exceptional educational background.
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        • titleSofia University: Where international students learn and thrive
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        • descriptionFor international students who dream of an American education, Sofia University invites them to experience its unique "transpersonal education approach" at either of its California campuses in Palo Alto and Costa Mesa.
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        • content<p>For international students who dream of an American education, <strong>Sofia University</strong> invites them to experience its unique “transpersonal education approach” at either of its California campuses in Palo Alto and Costa Mesa.</p> <figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/NorCal%202024/JT-2023-NORCAL-Sofia-University-Grads.jpg" alt="" /></figure> <figure class="image-container floated-right" style="float: right;"> <figcaption class="image-caption">Sofia University delivers quality American education to international students.</figcaption> </figure> <p><strong>Transpersonal education:</strong> Sofia University sets itself apart because of its emphasis on holistic growth. Its transpersonal approach integrates mind, body, spirit and culture into every program. The school does not just award degrees. It provides students with a purposeful future.</p> <p><strong>Affordable excellence:</strong> The school understands the importance of a cost-effective education. At Sofia, students can attain their academic goals without breaking the bank. Its northern and southern California campuses provide ample opportunities for personal and professional growth.</p> <p><strong>Campuses:</strong> The Palo Alto campus is in the heart of Silicon Valley, very close to giants in the tech industry. The Costa Mesa campus benefits from the energy of Southern California. Both locations offer their own cultural and academic experiences.</p> <p><strong>Global community:</strong> Sofia students become part of a diverse community of learners from around the world. Its multiethnic student body creates an inclusive atmosphere that nurtures personal and professional development.</p> <p>For inquiries, contact Sofia University at <a href="mailto:admissions@sofia.edu" target="_blank" rel="noopener">admissions@sofia.edu</a> or call +1-888-820-1484.</p> <p><a href="http://www.sofia.edu" target="_blank" rel="noopener"><strong><em>www.sofia.edu</em></strong></a></p>
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        • titleWhy invest in Bangladesh? A.S. & Associates gives the answers
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        • descriptionIn terms of foreign direct investment (FDI), Bangladesh is attracting more attention from abroad thanks to substantial incentives and huge improvements in the business landscape. Full-service law firm A.S. & Associates has guided many international investors through the complexities of doing business in Bangladesh.
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        • content<p>In terms of foreign direct investment (FDI), Bangladesh is attracting more attention from abroad thanks to substantial incentives and huge improvements in the business landscape. Full-service law firm <strong>A.S. & Associates</strong> has guided many international investors through the complexities of doing business in Bangladesh.</p> <figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R1/2024-R1-ITL-WK-11-BANGLA-AS-Associates.jpg" alt="" /> <figcaption class="image-caption">A.S. & Associate Partner, and CEO Ferdaus Rahman</figcaption> </figure> <p>Among the most enticing aspects for foreign investors is a 10-year tax holiday offered by the government. Under this scheme, industrial undertakings established between July 2019 and June 2024 in certain districts will enjoy a 90% tax exemption for the first two years, which will taper gradually down to 10% by the 10th year.</p> <p>According to a survey conducted by the<strong> Japan External Trade Organization</strong>, the attraction of Bangladesh for Japanese companies is hard to resist. Around 42% of Japanese companies operating in Bangladesh have expressed plans to expand their business over the next two years, driven by mainly by affordable labor and high profitability.</p> <p>The same survey by JETRO also said approximately 70% of these companies intend to hire more local workers.</p> <p>“(Bangladesh) is a winning combination. We have high connectivity, a competitive market, a business-friendly environment, tax breaks, double taxation treaties, modern legislation, and a competitive cost structure that can yield the best returns,” said <strong>A.S. & Associates Partner and CEO Ferdaus Rahman.</strong></p> <p>“We have an industrious and competitive workforce. The people are well-educated, highly adaptive, and industrious, and they come with the lowest wages and salaries in the region. About 57.3% of the population is under 25, providing (investors with) a young group for recruitment,” Rahman added.</p>
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        • section_summaryIn terms of foreign direct investment (FDI), Bangladesh is attracting more attention from abroad thanks to substantial incentives and huge improvements in the business landscape. Full-service law firm A.S. & Associates has guided many international investors through the complexities of doing business in Bangladesh.
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        • titleShould financial literacy training be exclusive?
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        • descriptionIn the corporate world, outstanding personnel who are eyed for managerial positions usually go through training in financial literacy ahead of promotion. For their colleagues who show little potential, financial literacy is considered an unneeded skill set.
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        • content<p>In the corporate world, outstanding personnel who are eyed for managerial positions usually go through training in financial literacy ahead of promotion. For their colleagues who show little potential, financial literacy is considered an unneeded skill set.</p> <p>But times are changing. A growing number of companies have realized that financial literacy is for everyone and will ultimately benefit the entire organization.</p> <p><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R1/2024-R1-ITL-WK-11-GP-Financial-Literacy.jpg" alt="" /></p> <p>According to Forbes magazine, financial literacy refers to one’s grasp and effective use of various financial skills, like budgeting, saving, debt management and retirement planning. It helps people make more informed decisions, which translates to financial stability and better quality of life, both for themselves and for the company.</p> <p>When working parents learn how to manage the company’s finances through training, they apply those new skills in making their family’s budget. In an ideal scenario, there will be a seamless application of financial skills in the workplace and at home.</p> <p>When employees make wrong decisions in budgeting and resource management, they will avoid making the same mistakes when handling their personal finances. Or vice versa. In managing their credit card debt, employees gain a valuable lesson in prioritizing expenses and in debt-to-income ratios.</p> <p>When every employee is trained in financial literacy, a company may be left with a huge pool of number crushers and future managers. And that isn’t necessarily a bad thing.</p>
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        • section_summaryIn the corporate world, outstanding personnel who are eyed for managerial positions usually go through training in financial literacy ahead of promotion. For their colleagues who show little potential, financial literacy is considered an unneeded skill set.
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        • title3 AI tools to raise your financial management game
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        • descriptionIn today's cutthroat world of business, AI has ceased being a luxury; it is now a necessity to stay competitive. GMI POST selects a few of the best AI-powered financial apps that have emerged this year and can help improve your workflow and simplify financial management for your business.
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        • content<p>In today’s cutthroat world of business, AI has ceased being a luxury; it is now a necessity to stay competitive. Yet, many small and medium-scale businesses still rely on familiar software, like Excel and Google Sheets for their financial analysis. Meanwhile, the rapid proliferation of AI-powered finance tools has revolutionized how many companies manage their finances, providing them with unparalleled efficiency and accuracy</p> <p>GMI POST selects a few of the best AI-powered financial apps that have emerged this year and can help improve your workflow and simplify financial management for your business.</p> <p> </p> <p><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R1/2024-R1-ITL-WK-11-GL-AI-Tools-for-Financial-Literacy.jpg" alt="" /></p> <p> </p> <p><span style="font-family: helvetica; font-size: 18pt;"><strong>1. Receipt Cat: Income and expense tracking for small businesses</strong></span></p> <p> </p> <p>Useful for small businesses and freelancers, Receipt Cat is a game-changer. This tool makes receipt management easy by using OCR (optical character recognition) to effortlessly convert paper receipts into digital data. It automatically captures essential details like merchant name, amount, tax, date, and method of payment, organizing them into customizable categories.</p> <p>With its user-friendly interface and comprehensive dashboard, you can easily monitor income and expenses. The information is organized through a simple drag-and-drop interface and is presented in a comprehensive dashboard. Users can also easily compare expenses against income and measure business performance with one click.</p> <p>Receipt Cat also goes beyond basic receipt scanning. It offers features like secure document storage, powered by 256-bit end-to-end encryption.</p> <p> </p> <p><span style="font-family: helvetica; font-size: 18pt;"><strong>2. Booke AI: Automated AI bookkeeping service</strong></span></p> <p> </p> <p>Booke AI takes bookkeeping to the next level with its AI-driven automation. Users can now say goodbye to manual transaction entry. The tool can extract invoice information from various sources, irrespective of language and currency, using OCR AI and GPT-4 technology. It helps users manage uncategorized transactions and provides actionable insights at the end of every month that give business owners a comprehensive view of company finances.</p> <p>Transactions are categorized at five times the speed based on historical reconciliation and through analysis of client comments on transactions, with any issues flagged for review.</p> <p>Booke AI also simplifies client communication and seamlessly integrates with existing systems like Excel and QuickBooks, ensuring hassle-free syncing of transactions with just one click. Its constant evolution and adaptability make it a must-have for businesses seeking accurate and efficient bookkeeping solutions.</p> <p>The application is evolving constantly, enabling it to adapt to every organization’s unique document templates and ensuring consistent enhancements of the accuracy of the data captured.</p> <p> </p> <p><span style="font-family: helvetica; font-size: 18pt;"><strong>3. Domo: User-friendly dashboards for essential business insights</strong></span></p> <p> </p> <p>Encouraging users to move away from basic charts and graphs, Domo promises to fuel data experiences through AI-powered unified dashboards that integrate data in real-time from various diverse sources.</p> <p>Utilizing low-code and pro-code BI (business intelligence) and analytical applications, this tool generates intuitive dashboards that help organizations understand precise impact areas and financial pain points. </p> <p>Domo makes financial reporting easier. The automated reporting system, based on centralized data, updates in real-time with every update sent to key stakeholders and enables collaboration.</p> <p>Domo’s focus on simplicity and accessibility makes it an indispensable tool for businesses looking to make informed decisions based on actionable insights.</p>
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        • titleDai-ichi Life invests $255M in Canyon Partners
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        • descriptionGiving its clear vote of confidence in the U.S. credit market, Dai-ichi Life, Japan's third-largest life insurance company, has announced a plan to invest $255 million in the credit fund managed by Canyon Partners, which oversees a wide variety of assets valued at $24 billion from seven office across the world.
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        • content<p>Giving its clear vote of confidence in the U.S. credit market, <strong>Dai-ichi Life</strong>, Japan’s third-largest life insurance company, has announced a plan to invest $255 million in the credit fund managed by <strong>Canyon Partners</strong>, which oversees a wide variety of assets valued at $24 billion from seven office across the world.</p> <figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R1/2024-R1-US-Jap-WK9-Daiichi-LIfe.jpg" alt="" /> <figcaption class="image-caption">Dai-ichi Life is Japan's third-largest life insurance company.</figcaption> </figure> <p>Announced in March 2024, the decision comes amid uncertainty and volatility in the global economy and highlights Dai-ichi Life’s efforts to diversify its investment portfolio and identify sources of stable returns.</p> <p>“This investment aligns with our long-term investment strategy to pursue attractive risk-adjusted returns for our policyholders while maintaining a diversified portfolio,” said <strong>Dai-ichi Life President and CEO Masahiro Hashimoto, </strong>who is committed to delivering value to its policyholders through astute investment decisions.</p> <p>Canyon Partners, founded in 1990, has established itself as a prominent player in the alternative investment space, managing assets across various strategies including credit, distressed debt, and real estate. The firm's track record of delivering consistent returns and managing risk effectively has garnered trust and confidence from institutional investors worldwide.</p> <p>Dai-ichi Life's investment in Canyon Partners’ U.S. credit fund happens as a growing number of Japanese institutions venture beyond the domestic market in search of investment opportunities.</p> <p>This move by Dai-ichi Life reflects a broader strategy among Japanese institutional investors to diversify their portfolios and seek higher yields in international markets.</p> <p>By tapping into Canyon Partners' expertise and the resilience of the U.S. credit market, Dai-ichi Life hopes to deliver substantial returns to its shareholders.</p>
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        • section_summaryGiving its clear vote of confidence in the U.S. credit market, Dai-ichi Life, Japan's third-largest life insurance company, has announced a plan to invest $255 million in the credit fund managed by Canyon Partners, which oversees a wide variety of assets valued at $24 billion from seven office across the world.
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        • titleNippon Steel's acquisition of U.S Steel to be finalized by September 2024
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        • descriptionThe $14.9 billion acquisition of U.S. Steel by Japan's Nippon Steel should be completed by the end of September this year, according to a report by Nikkei Asia. The deal will provide Nippon Steel, the fourth-largest in the world, with an additional capacity of 100 million metric tons of global crude steel and boost its production in the United States.
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        • content<p>The $14.9 billion acquisition of <strong>U.S. Steel</strong> by Japan’s <strong>Nippon Steel </strong>should be completed by the end of September this year, according to a report by Nikkei Asia. The deal will provide Nippon Steel, the fourth-largest in the world, with an additional capacity of 100 million metric tons of global crude steel and boost its production in the United States.</p> <figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R1/2024-R1-US-Jap-WK9-Nippon-Steel.jpg" alt="" /> <figcaption class="image-caption">Nippon Steel Executive Vice President Takahiro Mori</figcaption> </figure> <p>To ensure the deal closes soon, Nippon Steel has intensified talks with key stakeholders. At the start of the year, <strong>Executive Vice President Takahiro Mori </strong>met with various members of the U.S. Congress members to “discuss the benefits of this deal for all stakeholders,” the report said.</p> <p>The Japanese steelmaker, in a press statement, said it was the right partner to ensure the long-term success of the Pennsylvania-based company. It added that the resulting synergy will benefit U.S. Steel, its union workers, the national steel industry, and national security.</p> <p>“Nippon Steel will advance American priorities by driving greater quality and competitiveness for customers in critical industries that rely on American steel. Our aim is to bolster and grow U.S Steel in the U.S. market in a way that prioritizes its talented employees,” it also said.</p> <p>Despite Nippon Steel’s optimism about the benefits of the acquisition, U.S. President Joe Biden has expressed his reservations over the deal. But, Mori remains confident that the purchase will be approved in the end.</p> <p>“I don’t think they (American government) can block a project that is meaningful to both sides and beneficial to related industries and both counties simply because of political considerations,” he said.</p>
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        • section_summaryThe $14.9 billion acquisition of U.S. Steel by Japan's Nippon Steel should be completed by the end of September this year, according to a report by Nikkei Asia. The deal will provide Nippon Steel, the fourth-largest in the world, with an additional capacity of 100 million metric tons of global crude steel and boost its production in the United States.
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        • titleTexan startup Shattuck Labs bags $227M in investments from Ono Pharmaceutical
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        • descriptionShattuck Labs, a Dallas-based clinical-stage biotechnology company, has caught the attention of Japanese drug developer Ono Pharmaceutical, which has expressed plans to invest $227 million in the startup.
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        • content<p><strong>Shattuck Labs</strong>, a Dallas-based clinical-stage biotechnology company, has caught the attention of Japanese drug developer <strong>Ono Pharmaceutical</strong>, which has expressed plans to invest $227 million in the startup.</p> <figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R1/2024-R1-US-Jap-WK9-Shattuck-Labs.jpg" alt="" /> <figcaption class="image-caption">Shattuck Labs CEO Taylor Schreiber, M.D., Ph.D.</figcaption> </figure> <p>Since 2016, <strong>Shattuck Labs</strong>’ has focused its research on fusion proteins, which are mainly used in the: (1) purification of cloned genes, (2) the reporting of gene expression level, and (3) histochemical tagging for locating proteins in cells, tissues or organisms, according to the ScienceDirect medical website.</p> <p>With the treatment of inflammatory and autoimmune diseases as the primary agenda, Shattuck has produced ARC (Agonist Redirected Checkpoint) platform technology in only 18 months. It currently has two product candidates in global clinical trials with the hopes of a medical breakthrough that can contribute to a cure for cancer.</p> <p>“We hope to add bifunctional fusion proteins discovered and developed by Shattuck into our portfolio to bring innovative drugs for patients suffering from autoimmune and inflammatory diseases as soon as possible,” said <strong>Ono Pharmaceutical Senior Managing Executive Officer Toichi Takino PhD.</strong></p>
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        • section_summaryShattuck Labs, a Dallas-based clinical-stage biotechnology company, has caught the attention of Japanese drug developer Ono Pharmaceutical, which has expressed plans to invest $227 million in the startup.
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        • titleAlberta: Reimagining sustainable growth
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        • descriptionAlberta stepped up measures toward sustainable growth to navigate the economic challenges last year. Despite the uncertain outlook for the global economy, the province is projected to grow by 2.6% in 2023.
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        • content<p>Alberta stepped up measures toward sustainable growth to navigate the economic challenges last year. Despite the uncertain outlook for the global economy, the province is projected to grow by 2.6% in 2023.</p> <p>Traditionally known as Canada’s supplier of oil and gas, Alberta’s economic strength lies mainly in its energy sources, including bitumen. As such, Dow Chemical announced last December a $6.8 billion project to build the world’s first net-zero petrochemical production facility.</p> <p>Joining the global effort to fight climate change and aligning with the federal government’s goal of becoming net-zero by 2050, Alberta has committed to becoming a sustainable economy through diversification.</p> <p>“One of the things that I’m most excited about in Alberta in the coming years is the planned diversification happening on all industrial fronts,” <strong>Alberta Premier Danielle Smith</strong> said.</p> <p>Highlighting the importance of evolving into a zero-emissions economy by 2050, <strong>Canada’s Minister of Energy and Natural Resources Jonathan Wilkinson</strong>, said, “Regions which have historically been large producers of oil and gas need to know what future opportunities are resulting from the momentum to move to a low carbon environment; and how such regions can utilize their resources to continue being relevant in a world that is looking to decarbonize.”</p> <p>With the projected growth in demand for hydrogen-operated systems and transportation, Alberta welcomed the announcement from Air Products that it will build a $1.2 billion net-zero hydrogen facility in the province. When completed, it will contribute to Canada’s electricity supply from non-emitting sources.</p> <p>“The future of Canada’s electricity is an ‘all of the above’ situation where we will use hydrogen, wind, solar, and carbon capture alongside traditional means of generating electricity,” said <strong>Electricity Canada President and CEO Francis Bradley</strong>.</p> <p>Alberta’s chemical and plastic industry is also evolving into a low-carbon, circular economy.</p> <p>“Alberta has leveled the playing field with jurisdictions like Pennsylvania and the U.S. Gulf Coast when it comes to having the right investment conditions. It has some of the best geological resources for carbon capture and storage,” said <strong>Chemistry Industry Association of Canada President and CEO Bob Masterson</strong>.</p> <p>Alberta is also committed to supporting research that will advance its sustainable transformation efforts and develop new technologies to decarbonize its economy.</p> <p>“Our region is very innovative in using technology to develop our abundant energy resources,” said <strong>Invest Alberta Corp. CEO Rick Christiaanse</strong>.</p> <p>A testament to that commitment is the nearly decade-long commercial scale deployment of carbon capture, utilization and storage (CCUS) technology, which captures carbon emissions from existing energy systems and uses it either for other processes or safely stores it in underground geologic formations.</p> <p>“In addition to the two operational CCUS projects, there are 25 additional proposed hubs that could be developed across Alberta, representing an investment opportunity worth billions of dollars for interested investors,” Christiaanse also said.</p> <p>Through its McNeil Centre for Applied Renewable Energy, Concordia University of Edmonton, one of the province’s oldest post-secondary institutions, has become a “partner in Alberta’s goal of becoming a sustainable economy,” said <strong>CUE President and Vice-Chancellor Dr. Tim Loreman</strong>.</p> <p>For over a decade, universities like CUE have partnered with local industries to understand ways to apply renewable energy, solar, wind, and geothermal, in everyday business operations.</p> <p>In forestry and agri-food, Mondi acquired Hinton Pulp mill last year and will spend more than $400 million to upgrade the facility to develop sustainable paper and packaging products. Meanwhile, McCain Foods Ltd. will spend a record $445 million to expand its potato processing plant.</p> <p>To support its goal to diversify the economy, Alberta is leaning into tourism development, capitalizing on the iconic Canadian Rockies, six UNESCO world heritage sites, prehistoric fossil beds, and vibrant and diverse cultures. Alberta’s visitor economy was worth approximately $10.7 billion last year, making it the province’s top service sector.</p> <p>“We’re working with different levels of government, tourism entrepreneurs and private investors to bring forward new attractions, new Indigenous product, and new boutique accommodations which represent a huge opportunity for investment and development,” said <strong>Travel Alberta CEO David Goldstein</strong>.</p> <p><strong>Alberta’s Minister of Tourism and Sports Joseph </strong>Schow also said: “Alberta’s unique story, picturesque mountain vistas, rolling prairies, and warm embrace leave everyone with a desire to come back, whether it’s for business or vacation.”</p>
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        • titleThe path to net zero runs through Alberta
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        • descriptionAny region's strength is no longer solely defined by an abundance of natural resources. Now, true strength lies in resilience, which is marked by proven resourcefulness, innovation, sustainability, and adaptability. This is a model that Alberta, Canada has embraced wholeheartedly.
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        • content<p>Any region’s strength is no longer solely defined by an abundance of natural resources. Now, true strength lies in resilience, which is marked by proven resourcefulness, innovation, sustainability, and adaptability. This is a model that Alberta, Canada has embraced wholeheartedly, making the province one of the fastest-growing economies in the nation and the best place for businesses looking to solve global challenges.</p> <figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Alberta%202024/FA-2023-CANADA-Invest-Alberta-CEO.jpg" alt="" /> <figcaption class="image-caption">Rick Christiaanse, CEO, Invest Alberta</figcaption> </figure> <p>As CEO of Invest Alberta, I’m proud to spotlight how we have embraced these characteristics to fuel economic growth without losing sight of our responsibility to develop sustainably.</p> <p>For decades, Alberta’s strength has been deeply rooted in oil and gas, supported by a holistic ecosystem of talent, infrastructure, government support, and research capabilities that have brought major projects to life. Responsible development is non-negotiable. In fact, Alberta was the first jurisdiction in North America to legislate greenhouse gas emission reductions for large industrial facilities.</p> <p>As the world grapples with geopolitical challenges and acts to combat climate change impacts, countries and companies alike are looking for stable, experienced jurisdictions to pave a path toward a clean energy future. Built on strong ties with industry, Indigenous communities, and researchers, Alberta is rising to the occasion.</p> <p>Leading global companies are recognizing that the path to net zero runs through Alberta. Dow Chemical recently invested nearly 9 billion Canadian dollars to construct the world’s first net-zero petrochemical complex in the province in an effort to become carbon neutral by 2050. Dow’s confidence in Alberta shows that Alberta is the place to successfully launch large-scale, world-leading net-zero projects.</p> <p>The federal and provincial governments were instrumental in supporting Dow, and both levels of government have announced new incentives to accelerate the development of new carbon capture, use and storage technologies (CCUS). Alberta alone plans to offer up to $5.3 billion in support for an anticipated $35 billion in new investment over the next decade.</p> <p>Aligned with Canada’s net-zero by 2050 goal, we are actively forging partnerships with key markets, including the U.S., Europe, and Asia to create pathways for investors who are focused on pivoting to clean energy solutions.</p> <p>We have attracted interest and investment from major global players from U.S.-based Dow, to Korean giant POSCO, to Japanese conglomerate Sumitomo. To reach its goal of powering all operations with 100 percent renewable energy by 2025, Amazon selected Alberta for its first Canadian wind farm and for a solar farm that is the largest constructed in Canada.</p> <p>We are proud of the pivotal role Alberta plays in assisting companies worldwide to embrace sustainability and curtail their carbon footprints. We have become a trusted partner for companies striving to address pressing global challenges with a confluence of advantages –a young and growing population of skilled professionals, a highly connected hub with access to global markets, and research institutions supporting commercial advancements.</p> <p>Alberta’s story is not just about resources; it’s about resourcefulness and our willingness to embrace change, harness talent, and form partnerships to build a more sustainable future. We invite companies and investors from around the world to join us on the path to a clean energy future, transforming Alberta’s advantages into a shared story of success.</p> <p><a href="https://investalberta.ca/" target="_blank" rel="noopener"><strong><em>https://investalberta.ca</em></strong></a></p> <figure class="image-container floated-left" style="float: left;"><img src="https://www.gmipost.com/img/uploads/Alberta%202024/FA-2023-CANADA-Invest-Alberta-QR-Code.jpg" alt="" /> <figcaption class="image-caption"></figcaption> </figure>
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        • titleHow Penta Global is redefining 'productivity' through AI
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        • content<p>Based in the Bangladeshi capital Dhaka, <strong>Penta Global Ltd., </strong>an internet service provider and ICT specialist, has harnessed artificial intelligence technology to improve the products and services to its entire client base of individuals, businesses and public organizations.</p> <figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R1/2024-R1-ITL-WK-10-BANGLA-Penta-Global.jpg" alt="" /> <figcaption class="image-caption">Bangladesh Economic Zone Authority Chairman Md. Ali Ahsan and Penta Global Managing Director Md. Faysal Zama sign an agreement to set BEZA's one-stop business portal.</figcaption> </figure> <p>Established in 2013, Penta Global has cemented its reputation in the country as a leader in AI solutions through the use of advanced algorithms and machine learning techniques to streamline processes, optimize operations, and gather valuable insights for businesses.</p> <p>Its comprehensive suite of AI-powered solutions covers a diverse range of industries, including finance, healthcare, manufacturing, and logistics, all offering tailored strategies that meet the different demands of each industry.</p> <p>“AI is not just a tool. It’s a catalyst for growth that enables organizations to achieve greater efficiency and competitiveness in today's fast-paced world,” said <strong>Penta Global Managing Director Md. Faysal Zaman.</strong><br /><br />Zaman also highlighted the role of technology and AI in nation-building. In 2023, Penta Global signed an agreement to host, maintain, and build the online one-stop business portal of the Bangladesh Economic Zone Authority (BEZA).</p> <p>Meanwhile, echoes Zaman’s sentiment, highlighting the role of AI in driving productivity gains.</p> <p>“By harnessing AI capabilities, we empower businesses to automate routine tasks, analyze vast datasets, and make data-driven decisions with unprecedented speed and accuracy,” said <strong>Penta Global CTO Ipsito Barua Dipon.</strong></p> <p>Penta Global's AI solutions allow businesses to optimize their supply chains and enhance their customer experiences. Through its firm commitment to adopt the latest innovations, Penta Global remains at the forefront of driving productivity and shapes future of business in the country.</p>
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        • section_summaryBased in the Bangladeshi capital Dhaka, Penta Global Ltd., an internet service provider and ICT specialist, has harnessed artificial intelligence technology to improve the products and services to its entire client base of individuals, businesses and public organizations.
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        • titleFrom AI to EI: How will expert intelligence revolutionize industry?
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        • descriptionIn today's complex technological landscape, finding the right solution to intricate problems often means tapping into a vast network of consultants and service providers, each with their own limitations and fields of expertise. But always, the right result comes with a hefty price tag.
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        • content<p>In today’s complex technological landscape, finding the right solution to intricate problems often means tapping into a vast network of consultants and service providers, each with their own limitations and fields of expertise. But always, the right result comes with a hefty price tag.</p> <figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R1/2024-R1-ITL-WK-10-GL-JOINLU.jpg" alt="" /> <figcaption class="image-caption">JOINLU Founder and President Yugo Ashida</figcaption> </figure> <p>Enter <strong>JOINLU International</strong>, a Michigan-based company that is revolutionizing the industry with its AI-powered Expert Intelligence (EI) platform.</p> <p>Eliminating the tedious task of screening thousands of consultants, JOINLU’s platform offers a seamless experience, while providing accurate and up-to-date information with just a few clicks. Through its platform, JOINLU provides effective research intelligence solutions for practical problems in a range of niche industries, from automotive engineering to clean energy.</p> <p>JOINLU’s EI is not a typical AI platform. It is backed by decades of subject-matter experience combined with open-source information available in the public domain. For users, it is a gold mine of technical information accessible through inputting simple keywords.</p> <p>“Experts with very specialized skills are scattered globally. Through our platform, we bring them together in one ecosystem. Their wealth of knowledge, combined with publicly available data, form the backbone of our sophisticated system, serving the needs of our clients,” <strong>JOINLU</strong> <strong>Founder and President Yugo Ashida </strong>told GMI POST.</p> <p>From mechanical engineering to advanced nuclear technologies, JOINLU gives companies access to top-tier experts in very technical fields. The company continuously expands its pool of experts and its fields of service, some as specific as carbon neutrality, and automotive and mobility.</p> <p>“In today’s market, AI is often limited to consumer applications. JOINLU is changing that narrative by bringing AI’s power to industry professionals and fueling digital transformation efforts,” Ashida said.</p> <p>“Through our platform, we aim to fill the gaps between industry, academia, research institutions, and international companies that may want to come together to innovate R&D in different fields and continue to find solutions to complex problems,” he added.</p> <p>With JOINLU's Expert Intelligence platform, companies can say embrace a smarter, more efficient approach to growth.</p>
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        • section_summaryIn today's complex technological landscape, finding the right solution to intricate problems often means tapping into a vast network of consultants and service providers, each with their own limitations and fields of expertise. But always, the right result comes with a hefty price tag.
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        • titleAre you afraid of using AI tools?
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        • descriptionThe fear of unintended plagiarism has deterred many from using AI-assisted research tools. We have read horror stories about public figures copying parts of speeches made by other famous personalities. Whether plagiarism was intentional or not, the shame associated with stealing someone else's work has become a major hindrance to employing AI tools.
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        • content<p>The fear of unintended plagiarism has deterred many from using AI-assisted research tools. We have read horror stories about public figures copying parts of speeches made by other famous personalities. Whether plagiarism was intentional or not, the shame associated with stealing someone else’s work has become a major hindrance to employing AI tools.</p> <p>While the anxiety is valid, the use of such AI applications may not necessarily lead to plagiarism. These types of tech are here to stay and are meant to enhance human productivity.</p> <p>So, how does one take advantage of AI tools without feeling anxious or guilty?</p> <p>Here are GMI POST's recommendations to help enhance your research and learning experience:</p> <p> </p> <p><strong><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R1/2024-R1-ITL-WK-10-GP-AI-and-Guilt.jpg" alt="" /> </strong></p> <p><span style="font-family: helvetica; font-size: 18pt;"><strong>1. Fireflies</strong></span></p> <p> </p> <p>Fireflies automatically transcribes and summarizes your online meetings. For researchers who conduct focus-group discussions and individual online interviews, this tool is a godsend. Just keep in mind that the participants are made aware of its presence and must give their consent to be recorded.</p> <p>Before starting the online session, it would be best to secure from interviewees and participants their permission to be quoted and credited. Ask also if they will want a preview of any content that uses their quotes.</p> <p> </p> <p><span style="font-family: helvetica; font-size: 18pt;"><strong>2. OpenAI </strong></span></p> <p> </p> <p>The group’s applications help initiate the research process through brainstorming. In the pre-Google and AI era, people flocked to libraries to gather information on their research topics. What took hours to be accomplished in the past can now be done in a matter of seconds.</p> <p>While it can be tempting to assume its results as accurate, OpenAI points out that results might not be up-to-date. Always remember to qualify your field of research and narrow the parameters of your desired results. The more specific and focused, the better.</p> <p>Educating one’s self about the capabilities and limitations of these tools can eliminate any worry associated with the use of AI. Developing personal best practices can protect your productivity and credibility.</p>
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        • section_summaryThe fear of unintended plagiarism has deterred many from using AI-assisted research tools. We have read horror stories about public figures copying parts of speeches made by other famous personalities. Whether plagiarism was intentional or not, the shame associated with stealing someone else's work has become a major hindrance to employing AI tools.
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        • titleToyota to headline SEUS/Japan conference in North Carolina
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        • descriptionGov. Roy Cooper has announced that Toyota will be the main sponsor of this year's Southeast U.S./Japan Annual Joint Meeting (SEUS/Japan Conference), a pivotal economic development gathering aimed at attracting more Japanese investment to North Carolina as well as across the Southeastern United States.
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        • content<p><strong>Gov. Roy Cooper</strong> has announced that <strong>Toyota</strong> will be the main sponsor of this year’s <strong>Southeast U.S./Japan Annual Joint Meeting</strong> (SEUS/Japan Conference), a pivotal economic development gathering aimed at attracting more Japanese investment to North Carolina as well as across the Southeastern United States.</p> <figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R1/2024-R1-US-Jap-BANGLA-WK8-North-Carolina-Toyota.jpg" alt="" /> <figcaption class="image-caption">North Carolina Gov. Roy Cooper</figcaption> </figure> <p>Taking place in the city of Charlotte from October 27 to 29, the SEUS/Japan Conference happens amid rising optimism surrounding economic growth in the region. The last time North Carolina hosted the conference was in 2008.</p> <p>Cooper said in a press statement that at present more than 30,000 North Carolinians work for Japanese-owned companies in the state and he expects that number to increase within the year.</p> <p>The governor also emphasized SEUS/Japan Conference’s pivotal role in cultivating stronger business relationships and generating new jobs, while commending Toyota's dedication to boosting economic ties between Japan and the U.S.</p> <p>“Given the vast number of new hires needed, it will be a very challenging human resources exercise but well within the capabilities of Toyota, which has an enviable track record in staffing and retaining in locations throughout North America and the world,” said <strong>John H. Boyd, founder and principal of global site-selection firm The Boyd Co.</strong> in Boca Raton, Florida.</p> <p>Cooper said the <strong>North Carolina Department of Commerce </strong>and the<strong> Economic Development Partnership of North Carolina</strong> <strong>(EDPNC) </strong>will be working together in planning the conference in coordination with the state’s dedicated organizing committee.</p> <p>North Carolina’s role as a founding member of the Southeast U.S./Japan Association, founded in 1976, underscores the state’s commitment to fostering trade, investment, and mutual understanding between Japan and member states, namely Alabama, Florida, Georgia, Mississippi, North Carolina, South Carolina, and Tennessee.</p>
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        • section_summaryGov. Roy Cooper has announced that Toyota will be the main sponsor of this year's Southeast U.S./Japan Annual Joint Meeting (SEUS/Japan Conference), a pivotal economic development gathering aimed at attracting more Japanese investment to North Carolina as well as across the Southeastern United States.
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        • titlePanasonic plans 4680 battery production to new Kansas plant
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        • descriptionIn an article published in Electrive this month, Japanese electronics multinational Panasonic is reportedly increasing its investment in its upcoming battery factory in De Soto, Kansas that will produce 4680 cells for Tesla's electric vehicles (EVs). A final investment decision has not yet been made but is expected by the end of 2024.
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        • content<p>In an article published in Electrive this month, Japanese electronics multinational <strong>Panasonic </strong>is reportedly increasing its investment in its upcoming battery factory in De Soto, Kansas that will produce 4680 cells for Tesla’s electric vehicles (EVs). A final investment decision has not yet been made but is expected by the end of 2024.</p> <p> </p> <p><span style="font-family: helvetica; font-size: 18pt;"><strong>What’s driving the growth of EVs in the U.S?</strong></span></p> <p> </p> <figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R1/2024-R1-US-Jap-GP-WK8-Kansas-Panasonic-Tesla.jpg" alt="" /> <figcaption class="image-caption">Panasonic plant in De Soto, Kansas</figcaption> </figure> <p>Rising energy costs and more environmentally-conscious consumers are fueling the demand for EVs. In three years, the share of EVs in total car sales has tripled.</p> <p>According to the International Energy Agency, market share of EVs started at only 4% and has reached 14% as of 2022. The deployment of EVs is expected to reduce the use of 5 million barrels of oil daily by the year 2030.</p> <p> </p> <p><span style="font-family: helvetica; font-size: 18pt;"><strong>What’s next for Panasonic in De Soto?</strong></span></p> <p> </p> <p>According to Electrive, Panasonic is set to produce an additional of more than 2,500 cylindrical battery cells in Kansas for Tesla. This is on top of the Japanese company’s already pledged 2,170 cylindrical batteries.</p> <p>Panasonic and Tesla have anticipated such growth almost two decades earlier. These two major conglomerates started pooling together talent, technology, and resources in 2009.</p>
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        • section_summaryIn an article published in Electrive this month, Japanese electronics multinational Panasonic is reportedly increasing its investment in its upcoming battery factory in De Soto, Kansas that will produce 4680 cells for Tesla's electric vehicles (EVs). A final investment decision has not yet been made but is expected by the end of 2024.
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          • titleCanada 2024
          • descriptionRooted in shared values and mutual interests, the relationship between Canada and its next-door neighbor, the United States, has grown beyond the economic and political spheres. The alliance has opened a new chapter, one that lays out closer cooperation in high-tech and quantum computing.
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          • titleEducation in Japan 2023
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          • content<p>A nation respectful of centuries-old traditions, Japan is also the well-spring of the world’s future. The high-speed train, the Walkman and humanoid robots are just a few Japanese inventions that have transformed the lives of people across this planet.</p> <p>This small nation achieved its prowess in technological innovation because of its unwavering commitment to improving its education system.</p>
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          • titleUnited Kingdom 2023
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          • content<p>Brexit. 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.</p>
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          • titleNorthern California 2024
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          • content<p>Having faced a serious downturn due to the COVID-19 pandemic, Northern California is confident it can regain its status as he world's center for high-tech and innovation.</p>
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          • titleU.S. Mountain States 2023
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          • content<p>What were once trading outposts in rugged and untamed territories have become thriving cities and urban centers at the forefront of innovation and sustainable growth. In the 21st century, the Mountain States, which include Arizona, Colorado, Idaho, Montana, Nevada, New Mexico, Utah and Wyoming, still attract pioneering investors from around the world.</p>
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          • titleSouth Korea 2023
          • description"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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          • content<p>“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<strong>.</strong></p>
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          • titleIndia 2023
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          • content<p>Since gaining independence from the United Kingdom 76 years ago, India has become the world's fifth-largest economy, boasting various industries that contribute to global development.</p>
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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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          • content<p>The 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.</p>
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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.
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          • content<p>A 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.</p>
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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.
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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.
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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.
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          • content<p>Having 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.</p>
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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
          • is_published(true)
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          • pdf_pathCommonwealth Education 2022-CH-SM.pdf
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          • content<p>Through 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.</p>
          • publication_date2022-06-27
          • creation_date2022-06-24
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          • digital_linkhttps://www.forbeschina.com/life/60762
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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.
          • urleducation-in-asia-pacific-2022
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          • tagsEducation, Asia Pacific
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          • pdf_pathFA-APAC EDU 2021.pdf
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          • content<p>The 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.</p> <p>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.</p>
          • publication_date2022-01-01
          • creation_date2022-01-01
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          • id92
          • 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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          • tagsEducation, Europe
          • is_published(true)
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          • pdf_pathEurope Education Guide 2021-Final-CH.pdf
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          • source_id5
          • small_imageEurope-2021-sm.jpg
          • left_block_image
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          • header_imageEurope-2021.jpg
          • content<p>GMI 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.</p> <p>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.</p> <p>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.</p> <p>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>.</p>
          • publication_date2021-10-04
          • creation_date2021-10-04
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          • pdf_path_2Europe Education Guide 2021-Final-ENG.pdf
          • pdf_preview_path_2Europe-Education-Guide-2021-Final-ENG-1.jpg
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          • id93
          • 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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          • tagsGreece, Japan, Economy
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          • visible_upcoming_links(false)
          • pdf_pathJT-Greece-2021.pdf
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          • content<p>Following 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.</p> <p>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.</p> <p>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.</p> <p>The upcoming report will highlight Greece’s highly profitable prospects outside the EU and identify valuable investment opportunities for Japanese companies.</p> <p>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>.</p>
          • publication_date2021-08-09
          • creation_date2021-08-09
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          • 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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          • id89
          • 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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          • content<p>Japan 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.</p> <p>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.</p>
          • publication_date2020-12-23
          • creation_date2020-12-23
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          • source_custom_urlhttps://info.japantimes.co.jp/international-reports/pdf/20201223-GMI-Ireland.pdf
          • digital_linkhttps://www.japantimes.co.jp/country-report_category/ireland-report-2020/
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          • id85
          • 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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          • publication_date2020-07-16
          • creation_date2020-02-03
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          • digital_linkhttps://www.japantimes.co.jp/country-report_category/colombia-report-2020/
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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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          • publication_date2020-03-09
          • creation_date2020-03-09
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          • digital_linkhttps://www.japantimes.co.jp/country-report_category/southwestern-usa-report-2020/
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          • id87
          • 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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          • publication_date2020-02-07
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          • digital_linkhttps://www.japantimes.co.jp/country-report_category/u-s-pacific-northwest-report-2020/
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          • id79
          • 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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          • content
          • publication_date2019-12-13
          • creation_date2019-12-13
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          • digital_linkhttps://www.japantimes.co.jp/country-report_category/uruguay-report-2019/
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          • id76
          • 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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          • publication_date2019-11-15
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          • digital_linkhttps://www.japantimes.co.jp/country-report_category/chile-report-2019/
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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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          • publication_date2019-09-24
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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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          • publication_date2019-06-29
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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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          • publication_date2019-06-18
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          • digital_linkhttps://www.foreignaffairs.com/country-focus/france
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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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          • publication_date2019-04-02
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          • digital_linkhttps://www.japantimes.co.jp/country-report_category/northern-italy-report-2019/
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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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          • publication_date2019-02-22
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          • digital_linkhttps://www.japantimes.co.jp/country-report/southeastern-usa-report-2019/
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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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          • publication_date2019-01-31
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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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          • publication_date2018-10-24
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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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          • publication_date2018-10-19
          • creation_date2018-10-19
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          • digital_linkhttps://www.foreignaffairs.com/country-focus/australia
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          • titleVietnam 2018
          • 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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          • publication_date2018-08-24
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      • 23(array)
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          • id57
          • titleGermany 2018, Pt. 2
          • 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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          • pdf_pathFORBES ASIA-2018-GERMANY 2.pdf
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          • publication_date2018-07-29
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          • digital_linkhttps://custom.forbes.com/2018/11/28/germany-a-global-connector/
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          • id52
          • 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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          • publication_date2018-05-03
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          • id58
          • titleQatar 2018
          • 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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          • pdf_pathFA-QATAR 2018-sm.pdf
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          • content<p>Widely 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.</p>
          • publication_date2018-02-16
          • creation_date2018-02-16
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          • digital_linkhttps://www.foreignaffairs.com/country-focus/qatar
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          • id54
          • titleQatar 2017
          • description
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          • pdf_pathFA-QATAR 2017.pdf
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          • content
          • publication_date2017-12-22
          • creation_date2017-12-22
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          • participant_count1
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          • digital_linkhttps://www.foreignaffairs.com/country-focus/qatar-unfazed-crisis
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          • id47
          • titleSingapore 2017
          • descriptionAfter celebrating 50 years of independence in 2015, Singapore enters a new phase in its history. With this recalibration, the world is keen to know what's next for the small island-nation, widely emulated as a model of cultural diversity and economic success.
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          • content
          • publication_date2017-10-26
          • creation_date2017-10-26
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          • participant_count1
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          • digital_linkhttps://www.foreignaffairs.com/country-focus/singapore-small-no-limit
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          • id53
          • 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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          • pdf_pathFA-CAMBODIA 2017.pdf
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          • content
          • publication_date2017-10-23
          • creation_date2017-10-23
          • is_active(true)
          • participant_count1
          • source_custom_url
          • digital_linkhttps://www.foreignaffairs.com/country-focus/cambodia-stronger-global-stage
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          • id45
          • 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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          • pdf_pathJT-SOCAL 2017.pdf
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          • content
          • publication_date2017-07-26
          • creation_date2017-07-26
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          • participant_count0
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          • pdf_path_2(null)
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          • id43
          • 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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          • content
          • publication_date2017-03-30
          • creation_date2017-03-30
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          • pdf_path_2(null)
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          • id42
          • 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.
          • urljapan-2017
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          • tagsJapan, Economy, Manufacturing, Healthcare, Education
          • is_published(true)
          • visible_upcoming_links(false)
          • pdf_pathFA-JAPAN 2017.pdf
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          • small_imageFA-JAPAN 2017-LEAD ARTICLE-TOURISM.jpg
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          • content<p>As 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.</p> <p>“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.</p> <p>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.</p>
          • publication_date2017-02-14
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          • digital_linkhttps://www.foreignaffairs.com/country-focus/japan-rebuilding-tomorrow
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          • id36
          • 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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          • pdf_pathFORBES US-2016-SWEDEN.pdf
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          • content
          • publication_date2016-12-07
          • creation_date2016-12-07
          • is_active(true)
          • participant_count2
          • source_custom_url
          • digital_linkhttps://custom.forbes.com/2016/12/19/sweden/
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          • id35
          • 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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          • is_published(true)
          • visible_upcoming_links(false)
          • pdf_pathJT-BRUNEI 2016-Final.pdf
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          • content
          • publication_date2016-09-28
          • creation_date2016-06-29
          • is_active(true)
          • participant_count0
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          • pdf_path_2(null)
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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.
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          • tags
          • is_published(true)
          • visible_upcoming_links(false)
          • pdf_pathJT-Panama 2016.pdf
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          • content
          • publication_date2016-08-03
          • creation_date2016-02-01
          • is_active(true)
          • participant_count0
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          • digital_link(null)
          • pdf_path_2(null)
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          • id30
          • 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
          • is_published(true)
          • visible_upcoming_links(false)
          • pdf_pathFA-THAILAND 2016.pdf
          • pdf_preview_pathFA-THAILAND 2016-Page 1.jpg
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          • small_imageThailand Collage 1.jpg
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          • header_imageTH-Banner.jpg
          • content
          • publication_date2016-04-14
          • creation_date2015-10-13
          • is_active(true)
          • participant_count2
          • source_custom_url
          • digital_linkhttps://www.foreignaffairs.com/country-focus/thailand-kingdom-maintains-its-winning-edge
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          • pdf_preview_path_2(null)
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          • id29
          • 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
          • is_published(true)
          • visible_upcoming_links(false)
          • pdf_pathFORBES-PERU 2015.pdf
          • pdf_preview_pathPeru-PDF-Screenshot.jpg
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          • small_imageFORBES-PERU-2015-SMALL-FRONT.jpg
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          • content
          • publication_date2015-10-26
          • creation_date2015-10-26
          • is_active(true)
          • participant_count0
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          • digital_link(null)
          • pdf_path_2(null)
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      • 37(array)
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          • id26
          • 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
          • place
          • tags
          • is_published(true)
          • visible_upcoming_links(false)
          • pdf_pathFORBES-CANADA 2015-0724-hr.pdf
          • pdf_preview_pathCanada2015-PDF-Screenshot.jpg
          • source_id4
          • small_imageFrobes-Canada-2015-Ottawa.jpg
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          • content<p>Amid 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.</p>
          • publication_date2015-07-09
          • creation_date2015-02-02
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          • id18
          • 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
          • placeSingapore
          • tagsSingapore, Angelo Romualdez, Conrad Becker, Foreign Affairs
          • is_published(true)
          • visible_upcoming_links(false)
          • pdf_pathFA-SINGAPORE 2014-sm.pdf
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          • small_imageSpecial-Small-Front-Pic-Singa-2014-2.jpg
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          • header_imagePic-for-Header-Page-Sing-2014-2.jpg
          • content
          • publication_date2015-01-01
          • creation_date2014-06-27
          • is_active(true)
          • participant_count1
          • source_custom_url
          • digital_linkhttps://www.foreignaffairs.com/country-focus/singapore-unique-and-steady-partnership
          • pdf_path_2(null)
          • pdf_preview_path_2(null)
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          • id17
          • 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
          • pdf_preview_pathTaiwan-PDF-Screenshot.jpg
          • source_id3
          • small_imageFA-TAIWAN-2014-SPECIAL-FEATURE-PHOTO-2.jpg
          • left_block_image
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          • header_imagefa-taiwan-2014-header-page-photo-2.jpg
          • content<p>The 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.</p> <p>Philippe Le Saux and Elizabeth Arcega update from the field.</p> <p><strong>June 20:</strong></p> <p>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.</p> <p>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.</p> <p>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.</p> <p>- <strong>PLS</strong></p>
          • publication_date2014-11-01
          • creation_date2014-06-27
          • is_active(true)
          • participant_count5
          • source_custom_url
          • digital_linkhttps://www.foreignaffairs.com/country-focus/island-innovation
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          • pdf_preview_path_2(null)
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          • id19
          • 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,
          • is_published(true)
          • visible_upcoming_links(false)
          • pdf_pathUS-SD 2014-JT 0726.pdf
          • pdf_preview_pathSanDiego-PDF-Screenshot.jpg
          • source_id1
          • small_imageUS-SD-2014-SPECIAL-FEATURE-BOX-PHOTO.jpg
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          • content
          • publication_date2014-07-27
          • creation_date2014-07-28
          • is_active(true)
          • participant_count0
          • source_custom_url
          • digital_link(null)
          • pdf_path_2(null)
          • pdf_preview_path_2(null)
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          • id1
          • 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
          • pdf_preview_pathLA-PDF-Screenshot.jpg
          • source_id1
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          • content
          • publication_date2014-06-07
          • creation_date2014-06-06
          • is_active(true)
          • participant_count0
          • source_custom_url
          • digital_link(null)
          • pdf_path_2(null)
          • pdf_preview_path_2(null)
      • 42(array)
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          • id14
          • 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
          • placeSarawak
          • tags
          • is_published(true)
          • visible_upcoming_links(false)
          • pdf_pathFA-SARAWAK-2013-sm.pdf
          • pdf_preview_pathSarawak-PDF-Screenshot.jpg
          • source_id2
          • small_imageSpecial-Small-Front-Pic-Sarawak.jpg
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          • main_image
          • header_imageBig-Top-Pic-Sarawak.jpg
          • content<p>During 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.</p>
          • publication_date2013-10-01
          • creation_date2014-06-24
          • is_active(true)
          • participant_count1
          • source_custom_url
          • digital_linkhttps://www.foreignaffairs.com/country-focus/sarawak-50-years-prosperity-and-beyond
          • pdf_path_2(null)
          • pdf_preview_path_2(null)
      • 43(array)
        • SpecialFeature(array)
          • id16
          • 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.
          • urlpanama-2013
          • place
          • tagsPanama, Economy, Shipping, logistics
          • is_published(true)
          • visible_upcoming_links(false)
          • pdf_pathPanama2013-JTp06-07.pdf
          • pdf_preview_pathPanama-PDF-Screenshot.jpg
          • source_id1
          • small_imageSpecial-Small-Front-Pic-Panama-2013.jpg
          • left_block_image
          • main_image
          • header_imagePANAMA-BANNER-PHOTO.jpg
          • content
          • publication_date2013-09-01
          • creation_date2014-06-26
          • is_active(true)
          • participant_count0
          • source_custom_url
          • digital_link(null)
          • pdf_path_2(null)
          • pdf_preview_path_2(null)
      • 44(array)
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          • id11
          • 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
          • placeMalaysia
          • tags
          • is_published(true)
          • visible_upcoming_links(false)
          • pdf_pathFA-MALAYSIA 2013-sm9.pdf
          • pdf_preview_pathMalaysia-PDF-Screenshot.jpg
          • source_id2
          • small_imageSpecial-Small-Front-Pic-Malaysia-2014.jpg
          • left_block_image
          • main_image
          • header_imageBig-Top-Pic-Malaysia-2013.jpg
          • content<p>Since 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.</p> <p>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.</p>
          • publication_date2013-06-30
          • creation_date2014-06-24
          • is_active(true)
          • participant_count0
          • source_custom_url
          • digital_linkhttps://www.foreignaffairs.com/country-focus/malaysia-2020-vision-growth
          • pdf_path_2(null)
          • pdf_preview_path_2(null)
      • 45(array)
        • SpecialFeature(array)
          • id9
          • 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.
          • urlshanghai-2012
          • placeShanghai
          • tags
          • is_published(true)
          • visible_upcoming_links(false)
          • pdf_pathFA-SHANGHAI-2012-FA.pdf
          • pdf_preview_pathShanghai-PDF-Screenshot.jpg
          • source_id2
          • small_imageSpecial-Small-Front-Pic-SH-2012.jpg
          • left_block_image
          • main_image
          • header_imageBig-Top-Pic-Cutter-Sh-2012.jpg
          • content<p>Usually 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.</p>
          • publication_date2012-06-01
          • creation_date2014-06-24
          • is_active(true)
          • participant_count1
          • source_custom_url
          • digital_link(null)
          • pdf_path_2(null)
          • pdf_preview_path_2(null)
      • 46(array)
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          • id8
          • 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
          • placeTaiwan
          • tags
          • is_published(true)
          • visible_upcoming_links(false)
          • pdf_pathFA-TAIWAN 2011.pdf
          • pdf_preview_pathFA-TAIWAN 2011-Page 1.jpg
          • source_id2
          • small_imageSpecial-Small-Front-Pic-Taiwan-2011.jpg
          • left_block_image
          • main_image
          • header_imageBig-Top-Pic-Cutter-Taiwan-2011.jpg
          • content<p>For 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.</p>
          • publication_date2011-07-20
          • creation_date2014-06-24
          • is_active(true)
          • participant_count2
          • source_custom_url
          • digital_link(null)
          • pdf_path_2(null)
          • pdf_preview_path_2(null)
      • 47(array)
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          • id7
          • 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
          • placeJapan
          • tags
          • is_published(true)
          • visible_upcoming_links(false)
          • pdf_pathFA-JAPAN-2011.pdf
          • pdf_preview_pathJapan2011-PDF-Screenshot.jpg
          • source_id2
          • small_imageSpecial-Small-Front-Pic-Japan-2011.jpg
          • left_block_image
          • main_image
          • header_imageBig-Top-Pic-Cutter-Japan-2011-2.jpg
          • content<p>In 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.</p>
          • publication_date2011-06-01
          • creation_date2014-06-20
          • is_active(true)
          • participant_count2
          • source_custom_url
          • digital_link(null)
          • pdf_path_2(null)
          • pdf_preview_path_2(null)
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          • id2
          • titleIndonesia 2010
          • description
          • urlindonesia-2010
          • placeIndonesia
          • tagsIndonesia, Southeast Asia
          • is_published(true)
          • visible_upcoming_links(false)
          • pdf_pathFA-Indonesia 2010.pdf
          • pdf_preview_pathIndonesia2010-PDF-Screenshot.jpg
          • source_id2
          • small_imageSmall-front-Indo-2010.jpg
          • left_block_image
          • main_image
          • header_imageBig-top-Indo-2010.jpg
          • content<p>The Indonesia Report 2010 was one of the first.</p>
          • publication_date2010-06-01
          • creation_date2014-06-13
          • is_active(true)
          • participant_count0
          • source_custom_url
          • digital_link(null)
          • pdf_path_2(null)
          • pdf_preview_path_2(null)
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      • 0(array)
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          • id112
          • 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
          • place
          • tagsJapan, Serbia, Economy, Investment, Manufacturing, Tourism
          • is_published(true)
          • visible_upcoming_links(false)
          • pdf_pathJT-2023-SERBIA.pdf
          • pdf_preview_pathJT-2023-SERBIA-2.jpg
          • source_id1
          • small_imageJT-2023-SERBIA-sm.jpg
          • left_block_image(null)
          • main_image(null)
          • header_imageJT-2023-SERBIA-Banner.jpg
          • content<p>Japanese-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.</p>
          • 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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          • pdf_preview_path_2(null)
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          • id108
          • 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)
          • visible_upcoming_links(false)
          • pdf_pathJT-2022-SOUTH USA.pdf
          • pdf_preview_pathJT-2022-SOUTH-USA-P1.jpg
          • source_id1
          • small_imageJT-2022-SOUTH USA-sm.jpg
          • left_block_image(null)
          • main_image(null)
          • header_imageJT-2022-SOUTH-USA-Banner.jpg
          • content<p>For 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.</p>
          • 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/
          • pdf_path_2(null)
          • pdf_preview_path_2(null)
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          • id103
          • 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
          • place
          • tagsJapan, Economy, SMEs
          • is_published(true)
          • visible_upcoming_links(false)
          • pdf_pathFA-JAPAN SMEs 2022-B.pdf
          • pdf_preview_pathFA-JAPAN-SMEs-2022-P1.jpg
          • source_id2
          • small_imageFA-JAPAN-SMEs-2022-sm.jpg
          • left_block_image(null)
          • main_image(null)
          • header_imageFA-JAPAN-SMEs-2022-Header.jpg
          • content
          • publication_date2022-12-01
          • creation_date2022-12-01
          • is_active(true)
          • participant_count0
          • source_custom_url
          • digital_link
          • pdf_path_2(null)
          • pdf_preview_path_2(null)
      • 3(array)
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          • id101
          • 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)
          • visible_upcoming_links(false)
          • pdf_pathJT-LOS ANGELES 2022.pdf
          • pdf_preview_pathJT-LOS-ANGELES-2022-Page-1.jpg
          • source_id1
          • small_imageSoCAL-2022-sm.jpg
          • left_block_image(null)
          • main_image(null)
          • header_imageSoCAL-2022-Banner.jpg
          • content<p>Like 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.</p> <p>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.</p>
          • 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/
          • pdf_path_2(null)
          • pdf_preview_path_2(null)
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          • id99
          • 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
          • place
          • tagsUS, Japan, Economy, Investment, Midwest, Illinois, Indiana, Michigan, Ohio, Wisconsin
          • is_published(true)
          • visible_upcoming_links(false)
          • pdf_pathJT-MIDWEST 2022-sm.pdf
          • pdf_preview_pathJT-MIDWEST-2022-Page-1.jpg
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          • small_imageJT-MIDWEST-2022-sm.jpg
          • left_block_image(null)
          • main_image(null)
          • header_imageJT-MIDWEST-2022-Banner.jpg
          • content<p>Because 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.</p>
          • publication_date2022-03-15
          • creation_date2022-03-15
          • is_active(true)
          • participant_count0
          • 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/
          • pdf_path_2(null)
          • pdf_preview_path_2(null)
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          • id96
          • 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
          • place
          • tagsJapan, Texas, Economy, Investment
          • is_published(true)
          • visible_upcoming_links(false)
          • pdf_path20211013-GMI-Texas-sm.pdf
          • pdf_preview_path20211013-GMI-Texas-Page-1.jpg
          • source_id1
          • small_image20211013-GMI-Texas-2021-sm.jpg
          • left_block_image
          • main_image
          • header_image20211013-GMI-Texas-Banner.jpg
          • content<p>As 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.</p> <p>This year, GMI Post took a look at how different cities and areas of Texas have capitalized on that momentum.</p>
          • 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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          • pdf_preview_path_2(null)
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          • id91
          • 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.
          • urleducation-in-japan-2021
          • place
          • tagsEducation, Japan
          • is_published(true)
          • visible_upcoming_links(false)
          • pdf_pathFA-JAPAN EDU 2021.pdf
          • pdf_preview_pathFA-JAPAN-EDU-2021-Page-1.jpg
          • source_id2
          • small_imageJAPAN-2021-sm.jpg
          • left_block_image
          • main_image
          • header_imageJAPAN-2021.jpg
          • content<p>GMI 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. <br /> <br />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.<br /><br />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.</p> <p>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>.</p>
          • publication_date2021-09-01
          • creation_date2021-04-02
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          • participant_count0
          • source_custom_url
          • digital_link
          • pdf_path_2(null)
          • pdf_preview_path_2(null)
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          • id90
          • 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.
          • urleducation-in-the-commonwealth-2021
          • place
          • tagsEducation, Commonwealth, Australia, Canada, UK, New Zealand
          • is_published(true)
          • visible_upcoming_links(false)
          • pdf_pathEducation Guide 2020-For FCMay 03 2021-sm.pdf
          • pdf_preview_pathEducation-Guide-2020-CHI-Page-1.jpg
          • source_id5
          • small_imageFORBES-COMM-EDU-2020-sm.jpg
          • left_block_image
          • main_image
          • header_imageFORBES-COMM-EDU-2020-Banner.jpg
          • content<p>As 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.</p> <p>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.</p>
          • publication_date2021-01-30
          • creation_date2021-01-30
          • is_active(true)
          • participant_count0
          • source_custom_url
          • digital_link
          • pdf_path_2Education Guide 2020-ENG.pdf
          • pdf_preview_path_2Education-Guide-2020-Eng-Page-1.jpg
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          • id84
          • 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.
          • urlgreece-2020
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          • tags
          • is_published(true)
          • visible_upcoming_links(false)
          • pdf_pathJT-GREECE 2020.pdf
          • pdf_preview_pathJT-GREECE-2020-Page-1.jpg
          • source_id1
          • small_imageJT-GREECE-2020-sm.jpg
          • left_block_image
          • main_image
          • header_imageGreece-2020-Banner.jpg
          • content
          • publication_date2020-08-31
          • creation_date2020-02-03
          • is_active(true)
          • participant_count0
          • source_custom_url
          • digital_linkapantimes.co.jp/country-report_category/greece-report-2020/
          • pdf_path_2(null)
          • pdf_preview_path_2(null)
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          • id86
          • 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.
          • urllos-angeles-2020
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          • tags
          • is_published(true)
          • visible_upcoming_links(false)
          • pdf_pathJT-Los Angeles 2020.pdf
          • pdf_preview_pathJT-Los-Angeles-2020-Page-1.jpg
          • source_id1
          • small_imageJT-Los-Angeles-2020-sm.jpg
          • left_block_image
          • main_image
          • header_imageSOCAL-2020-Banner-2.jpg
          • content
          • publication_date2020-06-08
          • creation_date2020-06-08
          • is_active(true)
          • participant_count0
          • source_custom_url
          • digital_linkhttps://www.japantimes.co.jp/country-report_category/los-angeles-report-2020/
          • pdf_path_2(null)
          • pdf_preview_path_2(null)
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          • id82
          • 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.
          • urlnorthern-california-2019
          • place
          • tags
          • is_published(true)
          • visible_upcoming_links(false)
          • pdf_pathJT-NORCAL 2020-sm.pdf
          • pdf_preview_pathJT-NORCAL-2020-Page-1.jpg
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          • small_imageJT-NorCal-2019-sm.jpg
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          • header_imageNorCal-Banner-1.jpg
          • content
          • publication_date2020-02-21
          • creation_date2020-02-21
          • is_active(true)
          • participant_count0
          • source_custom_url
          • digital_linkhttps://www.japantimes.co.jp/country-report_category/northern-california-report-2020/
          • pdf_path_2(null)
          • pdf_preview_path_2(null)
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        • SpecialFeature(array)
          • id78
          • 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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          • publication_date2019-12-13
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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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          • publication_date2019-11-28
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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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          • publication_date2019-11-07
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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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          • publication_date2019-09-01
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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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          • publication_date2019-06-27
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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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          • publication_date2019-06-18
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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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          • publication_date2019-03-15
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          • titleIreland 2019, Part 2
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          • pdf_pathFORBES ASIA-2019-ZUTEC.pdf
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          • publication_date2019-02-02
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          • titlePhilippines 2019
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          • pdf_pathFA-PHILIPPINES 2017.pdf
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          • publication_date2018-12-06
          • creation_date2018-12-06
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          • digital_linkhttps://www.foreignaffairs.com/country-focus/philippines
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          • titleIreland 2018
          • descriptionThe Japan Times, in partnership with Global Media Inc., is tentatively set to publish a Special Report on Ireland in October. The report will celebrate the 60th anniversary of diplomatic relations between Ireland and Japan by highlighting the success stories of this bilateral relationship and identifying more opportunities for growth.
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          • publication_date2018-10-20
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          • digital_linkhttps://www.japantimes.co.jp/country-report/ireland-report-2018/
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          • titleSouth Korea 2018
          • descriptionAs one of Asia’s most stable and most dynamic economies, South Korea maintains its status as a global leader because of its commitment to free trade and mastery of technological innovation. Following his inauguration last May, President Moon Jae-in reaffirmed his government’s plan to strengthen its international relations, especially in trade and investment.
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          • publication_date2018-08-25
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          • titleTexas 2018
          • 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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          • publication_date2018-08-10
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          • digital_linkhttps://www.japantimes.co.jp/country-report/texas-report-2018/
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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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          • publication_date2018-07-27
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          • digital_linkhttps://www.japantimes.co.jp/country-report/great-plains-usa-2018/
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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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          • publication_date2018-02-17
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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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          • publication_date2017-12-25
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          • digital_linkhttps://custom.forbes.com/2018/01/31/germany-capital-assets/
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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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          • publication_date2017-10-27
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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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          • publication_date2017-08-09
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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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          • publication_date2017-05-30
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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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          • publication_date2017-03-23
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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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          • publication_date2016-12-08
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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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          • titleThailand 2016, Part II
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          • publication_date2016-08-10
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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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          • content<p> </p> <p> </p>
          • publication_date2016-06-07
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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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          • 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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          • content<p>Covering 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.</p>
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          • creation_date2015-04-21
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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.
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          • publication_date2015-03-01
          • creation_date2014-10-08
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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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          • publication_date2014-12-29
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          • source_custom_urlwww.japatimes.co.jp
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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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          • 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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          • content<p>The 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.</p>
          • publication_date2014-06-30
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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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          • content<p>Entering 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.</p>
          • publication_date2013-11-01
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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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          • content<p>Currently 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.</p> <p>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.</p> <p>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.</p>
          • publication_date2013-09-01
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          • digital_linkhttps://www.foreignaffairs.com/country-focus/qatar-growth-beyond-oil-0
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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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          • content<p>The geographical size of the Netherlands, less than forty-two thousand square meters, belies its huge commanding position in global trade.</p> <p>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.</p> <p>“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.</p>
          • publication_date2013-08-21
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          • digital_linkhttps://www.foreignaffairs.com/country-focus/netherlands-handling-worlds-goods
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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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          • publication_date2013-06-27
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          • digital_linkhttps://www.foreignaffairs.com/country-focus/japan-rebooting-japan
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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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          • publication_date2012-01-01
          • creation_date2014-06-17
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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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