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'title' => 'If you build it, they will come',
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'description' => 'To drive growth, investment is fundamental. Recognizing the limitations on the domestic front, companies look overseas to expand their market while, at the same time, countries improve infrastructure and introduce incentives to attract new business.
Competition is tough. Resources are limited. Room for error is small.',
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'content' => '<p>To drive growth, investment is fundamental. Recognizing the limitations on the domestic front, companies look overseas to expand their market while, at the same time, countries improve infrastructure and introduce incentives to attract new business.</p>
<p>Competition is tough. Resources are limited. Room for error is small.</p>
<p>In deciding where to go next and ensure profitability, all businesses have their own checklist. Below is a short list of common criteria.</p>
<p><strong>Steady, as she goes</strong></p>
<p>Political and economic stability is a primary consideration for investors in search of overseas markets. After all, all investors have long-term plans and need predictability if their ventures are to be profitable and worthwhile. They need to minimize risks by making sure their investment will be insulated from elections cycles and any possible change in policy direction.</p>
<p>Delving deeper, prospective investors look into a host country’s regulatory environment and its regard for the rule of law. They usually consider factors such as property rights, contract enforceability, labor laws, and dispute resolution mechanisms. To further mitigate their risks and give them a clearer picture, they also engage legal professionals who are knowledgeable in local regulations.</p>
<p>In the World Justice Project’s latest Rule of Law Index, Scandinavian countries of Denmark, Norway and Finland, respectively, occupied the top three spots <a href="https://worldjusticeproject.org/rule-of-law-index/global/2022/Regulatory%20Enforcement/" target="_blank" rel="noopener">in terms of regulatory enforcement</a>. In Asia, the countries that performed best were Singapore (7), Japan (17), Hong Kong (18) and South Korea (24).</p>
<p><strong>Size matters</strong></p>
<p>Other critical factors that investors considers are population and its growth. The rise of China and, more recently of India as major economic powers became possible because of the sizes and growth of their population.</p>
<p>A larger market means a greater potential for sales and greater production capabilities. Factors such as population growth, rising incomes, and increasing consumer demand contribute to a favorable investment environment.</p>
<p>In Japan, where the population is ageing and shrinking because of its negative birth rate, companies are looking overseas for new markets to make their goods and to sell them to.</p>
<p>Other approaches include the negotiation of free trade agreements that eliminate tariffs, which lower the cost of goods; and the formation of common markets, the largest of which is the European Union, which is made up of 27 members and collectively comprises a market of around 447 million people. After mainland China, <a href="https://europa.eu/webtools/rest/charts/export/html/" target="_blank" rel="noopener">the EU27 accounted for the largest share in global trade as of 2020</a>, according to Eurostat.</p>
<figure class="image-container align-center floated-right floated-left" style="float: right; text-align: justify;"><img src="https://www.gmipost.com/img/uploads/Non-Report/Newsletters%202023/2023-R2/FDI-NL-1-Site-Selection-Chart.jpg" alt="" />
<figcaption class="image-caption">With the formation of a single market, the European Union accounts for the second-largest share of global trade. (Source: Eurostat)</figcaption>
</figure>
<p><strong>Planes, Trains and Automobiles</strong></p>
<p>In evaluating prospective sites for new investments, companies evaluate the quality and the breadth of a country's transport infrastructure. Well-developed and highly-connected roads, railways and airports cut operational costs, facilitates logistics, and ensures the timely delivery of goods and services.</p>
<p>Apart from infrastructure, investors also consider proximity to suppliers, customers, and distribution networks. Being situated close to suppliers reduces costs and ensures timely delivery of raw materials and finished goods, while proximity to target customers and distribution networks facilitates market access and reduces logistics expenses.</p>
<p>In Texas, the city of Irving likes to stress that it is merely a 10-minute drive away from the Dallas Fort Worth International Airport (DFW), which offers daily flights to Haneda and Narita airports in Japan. Across state lines, Ardmore in Oklahoma uses its proximity to DFW (about 90 minutes by car) in its pitch to investors. Similarly, Opelika in Alabama says it is only a 75-minute drive away from Atlanta Hartsfield-Jackson International Airport in neighboring Georgia.</p>
<p><strong>Sweetening the pot</strong></p>
<p>To attract foreign investors, governments create a business-friendly climate through tax incentives, minimal administrative processes and safeguards to intellectual property. Some of these measure include grants and subsidies, as well as the establishment of special economic zones or free trade areas. </p>
<p>The availability of such incentives and policies, taken together with the country’s economic and political stability, will ensure the success of any international investor and guarantee long-term benefits to the host country, like new jobs and a higher standard of living.</p>
<p>According to <a href="https://markets.businessinsider.com/news/stocks/ranked-the-20-easiest-countries-for-doing-business-1028712445" target="_blank" rel="noopener">the Doing Business ranking published last by the World Bank in 2020</a>, it was easiest to do business in these 10 countries: New Zealand, Singapore, Hong Kong, Denmark, South Korea, the US, Georgia, the UK, Norway, Sweden. Included in the top 20 were Finland; Malaysia and Taiwan in Asia, and the three Baltic republics.</p>
<p><strong>Going for the skill</strong></p>
<p>Easy access to a large skilled and educated workforce is crucial for the success of any investment. Evaluating the quality and availability of local talent, particularly the level of education, technical skills, and language proficiency, is an essential factor in decision making.</p>
<p>Establishing operations with well-established educational institutions and vocational training programs can guarantee a reliable supply skilled technicians and workers.</p>
<p>In the U.S. Midwest, SI Now, which serves as the investment promotions hub for the 17 counties in Southern Illinois, capitalizes on the presence of Southern Illinois University, ranked in the top 4% of higher educational institutions for research in the country. It offers programs in automotive technology, aviation, fermentation science and engineering.</p>
<p>The university as partnerships with Nagoya University and Meiji University in Japan. The region is also home to three Aisin Group manufacturing facilities.</p>',
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'title' => 'How Japanese universities are spearheading internationalization',
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'description' => 'In recent years, Japan has become a top choice for international students seeking higher education. What is the motivation behind Japanese universities' efforts to attract global talent and promote internationalization?',
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'content' => '<p>In recent years, Japan has become a top choice for international students seeking higher education. Following the pandemic, the country has actively pursued internationalization, aiming to create diverse academic hubs on its campuses.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Non-Report/Newsletters%202023/2023-R2/FA-2023-JAPAN-NL-WK-7-Internationalization.jpg" alt="" />
<figcaption class="image-caption">Japan towers above the rest in the internationalization of its education system.</figcaption>
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<p>What is the motivation behind Japanese universities' efforts to attract global talent and promote internationalization?</p>
<p><strong>Promoting global diversity</strong></p>
<p>Japanese universities and the government have taken bold steps to enhance global diversity by attracting students from around the world. They have implemented various scholarship programs and initiatives aimed at creating an enriched academic environment, fostering cross-cultural understanding, and promoting global cooperation.</p>
<p><strong>Enhancing competitiveness</strong></p>
<p>Japanese universities promote an internationalized campus environment that fosters innovation, collaboration, and critical thinking. They offer holistic education beyond national boundaries, facilitated by partnerships with foreign universities, student exchanges, and international research collaborations. These opportunities enable students to broaden their perspectives and cultivate a global mindset.</p>
<p><strong>Addressing demographic challenges</strong></p>
<p>Due to Japan's shrinking population and declining birth rate, universities face a shortage of domestic students. As a result, they are compelled to attract international students as an alternative. By doing so, universities not only address the demographic challenge but also enhance cultural diversity. International students bring unique perspectives, skills, and experiences, enriching classroom discussions and research endeavors.</p>
<p><strong>Globalizing research and innovation</strong></p>
<p>Japanese universities want to be leading global hubs for research and innovation. Through internationalization, they access diverse talent and collaborate with leading scholars, improving the quality and impact of research outcomes. These efforts are transforming Japan's educational landscape.</p>',
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'id' => '545477',
'title' => 'DHU: A pioneer in digital education in Japan',
'description_old' => null,
'description' => 'Step into the world of Digital Hollywood University (DHU), where cutting-edge education meets limitless creativity. Established in 2005, DHU has emerged as a trailblazer in the realm of digital education.',
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'url' => 'dhu-a-pioneer-in-digital-education-in-japan',
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'content' => '<p>Step into the world of Digital Hollywood University (DHU), where cutting-edge education meets limitless creativity. Established in 2005, DHU has emerged as a trailblazer in the realm of digital education.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Non-Report/Newsletters%202023/2023-R2/FA-2023-JAPAN-NL-WK-7-DHU.jpg" alt="" />
<figcaption class="image-caption">Led by President Tomoyuki Sugiyama, instruction in Digital Hollywood University is personal and hands-on.</figcaption>
</figure>
<p>Through its pioneering curriculum, state-of-the-art facilities, and invaluable industry connections, DHU has set the standard for aspiring professionals in the digital entertainment and media industry.</p>
<p>“We teach students computer animation, Japanese animation, web designing, programming, filmmaking, visual effects, IT entrepreneurship. Most of our instructors come from the industry. Ninety of them are part-time and they bring the most updated knowledge and techniques to our students,” Head of the International Office Yoshimi Tamiya said.</p>
<p>DHU offers a diverse array of programs and courses that include game design, animation, filmmaking, virtual reality, and digital marketing. Emphasizing a hands-on approach, the university gives its students abundant opportunities to cultivate practical skills and gain industry experience.</p>
<p>Its faculty comprises industry professionals who blend real-world expertise with classroom instruction, providing students with relevant and up-to-date knowledge alongside real-world experiences.</p>
<p>“What makes us unique is the fact that we don't have any major system during the four years they spend in the university. The students don’t need to choose their major and they can study whatever they are interested in. For the first two years, they can explore their interests and after, hopefully know what to pursue so they can deepen their knowledge and techniques,” Tamiya said.</p>
<p>DHU doesn’t limit its education locally. It recognizes the benefits of looking beyond borders.</p>
<p>“We offer a study abroad program for second year students for either one or two semesters as a part of the university program,” Tamiya said, adding students will profit professionally when they broaden their horizons and gain cross-cultural experiences.</p>
<p><strong><em><a href="https://www.dhw.ac.jp/en" target="_blank" rel="noopener">https://www.dhw.ac.jp/en</a> </em></strong></p>',
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'id' => '545478',
'title' => 'Going beyond the classroom',
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'description' => 'In Japan's education system, extracurricular activities are considered vital for holistic development, teamwork, and discipline. Schools believe that non-academic activities provide valuable chances for students to explore their interests and talents through sports and cultural clubs.',
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'content' => '<p>In Japan’s education system, extracurricular activities are considered vital for holistic development, teamwork, and discipline. Schools believe that non-academic activities provide valuable chances for students to explore their interests and talents through sports and cultural clubs.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Non-Report/Newsletters%202023/2023-R2/FA-2023-JAPAN-NL-WK-7-Extracurricular-Activities.jpg" alt="" />
<figcaption class="image-caption">Japanese schools place much importance in extracurricular activities for their ability to teach valuable life skills.</figcaption>
</figure>
<p>On one hand, sports clubs promote self-discipline, teamwork, and perseverance because of rigorous training sessions ahead of competitions. Students also develop a strong work ethic, time management skills, and unwavering dedication, apart from improving their well-being, both physically and mentally.</p>
<p>Cultural clubs, on the other hand, cover those interested in the arts, both traditional (i.e. the tea ceremony and calligraphy) and modern (i.e. photography, contemporary music and dance). Joining these clubs nurtures creativity, self-expression, and a deeper connection to heritage, as well as fosters cross-cultural exchange that broadens their appreciation of other cultures.</p>
<p>These activities not only contribute to the individual development of students but also foster a sense of community and camaraderie. Often, students often form close bonds and develop lifelong friendships through shared experiences and their common goals.</p>
<p>Extracurricular activities also offer students opportunities to cultivate leadership skills and become more responsible. By serving as team captains or club presidents, they learn to make decisions, manage conflicts and motivate their peers. In turn, these experiences boost self-confidence and prepare them for future personal and professional challenges.</p>',
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'title' => 'Embracing diversity in the Japanese education system ',
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'description' => 'Japan's excellent education system continues to draw a lot of international students. To accommodate this influx of non-Japanese students, the country is working to establish an inclusive atmosphere that allows for their seamless integration.',
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'content' => '<p>Japan’s excellent education system continues to draw a lot of international students. To accommodate this influx of non-Japanese students, the country is working to establish an inclusive atmosphere that allows for their seamless integration.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Non-Report/Newsletters%202023/2023-R2/FA-2023-JAPAN-NL-WK%205-EDITED-Embracing%20diversity.jpg" alt="" />
<figcaption class="image-caption">Japanese schools and universities have recognized the value of diversity in education.</figcaption>
</figure>
<p>Acknowledging the importance of cultural diversity and the interchange of different viewpoints, schools and universities have instituted various strategies to cultivate individuals with a global mindset.</p>
<p><strong>Creating support programs</strong></p>
<p>Japanese educational institutions have implemented specialized support programs to cater to the unique requirements of international students. These programs include language support, cultural orientation and academic guidance.</p>
<p><strong>Creating buddy systems</strong></p>
<p>Buddy systems pair local students with foreign counterparts, fostering cross-cultural friendships and enhancing appreciation for diverse traditions. The buddies serve as mentors, providing guidance and support to navigate various challenges.</p>
<p><strong>Diversifying the curriculum</strong></p>
<p>To promote cultural understanding, educational institutions are incorporating diverse perspectives into the curriculum by introducing topics related to global issues, history, and culture.</p>
<p><strong>Making international exchange programs available</strong></p>
<p>Schools actively participate in international exchange programs to allow interaction for foreign students with peers from different countries. These programs are tailored to foster intercultural competence, empathy, and cooperation for citizens living in an interconnected world.</p>
<p><strong>Promoting cultural exchange</strong></p>
<p>Cultural festivals organized by the school and local community provide platforms for foreign students to showcase their traditions and customs, promoting understanding and appreciation among students and the community. These initiatives reflect Japan's dedication to inclusivity, fostering an inclusive society by implementing supportive programs, encouraging peer interactions, diversifying the curriculum, and promoting cultural exchange.</p>',
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'title' => 'Innovation in education: How Japan blends tradition with technology',
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'description' => 'Renowned for its unique cultural legacy and awe-inspiring technological prowess, Japan is embarking on a novel project that seeks to integrate state-of-the-art technology into its teaching methods, including the potential integration of artificial intelligence (AI).',
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'content' => '<p>Renowned for its unique cultural legacy and awe-inspiring technological prowess, Japan is embarking on a novel project that seeks to integrate state-of-the-art technology into its teaching methods, including the potential integration of artificial intelligence (AI).</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Non-Report/Newsletters%202023/2023-R2/FA-2023-JAPAN-NL-WK%205-EDITED-AI.jpg" alt="" />
<figcaption class="image-caption">Japan is a master in bringing together modern technology and traditional culture.</figcaption>
</figure>
<p>How will Japan transform teaching and student-teacher collaboration? What has the country learned from the implementation of blended learning at the height of the Covid pandemic? What lessons will it keep on board?</p>
<p><strong>Enhanced classroom instruction</strong></p>
<p>Intelligent tutoring systems powered by AI algorithms are facilitating the learning experience for students by analyzing their performance data, identifying areas of improvement, and offering personalized programs for each of them.</p>
<p><strong>Promoting collaborative learning</strong></p>
<p>Japan is harnessing technology to enrich collaborative learning. AI-driven tools enable students to engage in real-time collaboration, both in-person and remotely. Such experiences have been found to improve learning, foster teamwork, and nurture critical thinking abilities.</p>
<p><strong>Supplementing feedback</strong></p>
<p>AI has the ability to transform this process by automating assessments and streamlining feedback. AI algorithms are able to evaluate data at a much faster pace, which provides teachers with more time to spend on qualitative assessments.</p>
<p><strong>Preserving cultural heritage</strong></p>
<p>While technology has played a big role in the education field, Japan remains committed to preserving its deeply-revered cultural heritage. Some schools have come up with AI-powered programs that instruct about the richness of Japanese culture and impart values shared by all Japanese.</p>
<p><strong>Empowering teachers</strong></p>
<p>Rather than replacing teachers, AI-powered tools were designed to empower educators through tools that automate administrative tasks, such as grading and record-keeping. In doing so, teachers are able to focus more on instructional planning, mentoring, and facilitating discussions.</p>',
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'id' => '545475',
'title' => 'Nara University of Education: Training teachers for more than 130 years',
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'description' => 'Founded in 1949, Nara University of Education has built a reputation in Japan for training teachers who are committed to upholding its academic heritage and contributing to the improvement of the country's education standards.',
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'content' => '<p>Founded in 1888, Nara University of Education has built a reputation in Japan for training teachers who are committed to upholding its academic heritage and contributing to the improvement of the country’s education standards.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Non-Report/Newsletters%202023/2023-R2/FA-2023-JAPAN-NL-WK%205-EDITED-Nara%20University%20of%20Education-Toshiya_Miyashita.jpg" alt="" />
<figcaption class="image-caption">Nara University of Education President Toshiya Miyashita</figcaption>
</figure>
<p>Throughout its 135-year history, the university has remained steadfast in pioneering its pedagogical methodologies. Recently, it opened enrollment to international students.</p>
<p>“The graduate school (master's program) is where people want to study Japanese culture or education. We also have students who want to know more about Nara and Japanese calligraphy. Right now, we have around 10 to 15 foreign students,” President Toshiya Miyashita told GMI POST.</p>
<p>“Nara University of Education not only sends teachers all over Nara, but also across the nation. We are also the first UNESCO-associated school in Japan and mainly focus on sustainability and the U.N. SDGs (Sustainable Development Goals),” he added. </p>
<p>According to Miyashita, all students at Nara University of Education will become teachers who, through ESD (Education for Sustainable Development), will nurture children who can create a sustainable society.</p>
<p>“We are very proud to have a student circle called the UNESCO Club, where about a 100 of a thousand students in our university voluntarily promote ESD. They join volunteer activities, like guiding tourists that come to Nara and talk about our cultural assets or talking to children from different schools,” he also said.</p>
<p><strong><em><a href="https://www.nara-edu.ac.jp/english" target="_blank" rel="noopener">www.nara-edu.ac.jp/english</a></em></strong></p>',
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'content' => '<p>As global warming concerns grow and green technology gains popularity, electric vehicles are rapidly becoming the preferred choice for environmentally conscious individuals.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Non-Report/Newsletters%202023/2023-R2/JT-2023-US%20MOUNTAIN-NL-WK%204-%20The%20Electric%20Car.jpg" alt="" />
<figcaption class="image-caption">The Lucid Air Sapphire is the company's top-of-the-line sedan, which delivers more than 1,200 horsepower, a top speed exceeding 270 kph, a 0-60 time of under 2 seconds, and a maximum range of up to 830 km on a single charge.</figcaption>
</figure>
<p>In the past, the main obstacles facing EVs were the lack of infrastructure, i.e. charging stations, and sticker shock. However, a company based in the U.S. West appears to have surmounted those issues.</p>
<p>“As a company, we believe that we have a real problem with global warming. We also believe that pure battery electric is the right solution. However, in order to do that, we need to overcome some fundamental hurdles, first of which is range anxiety. We've addressed that with the first car, with its 520-mile range and currently in production,” Lucid Motors CEO and CTO Peter Rawlinson said.</p>
<p>From its manufacturing plant in Arizona, Lucid Motors assembles four models of luxury electric cars, all with affordable prices and equipped with the latest technology. In fact, the technology that gives Lucid cars its long range is the very same one that makes them less expensive.</p>
<p>“The way we achieve range is much more profound and important. We do that with less batteries. If we can go farther with less batteries, we could go the same distance with a much smaller battery pack. Because the battery is the most expensive component of an electric car, we have a profound influence on its manufacturing cost. Now, the cost of ownership is the greatest remaining hurdle to widespread adoption,” Rawlinson said.</p>
<p><strong><em><a href="https://lucidmotors.com" target="_blank" rel="noopener">https://lucidmotors.com</a> </em></strong></p>',
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'content' => '<p>Arizona has been experiencing robust economic growth lately that it outperformed all other states in various rankings. The Grand Canyon State topped the ALEC-Laffer Rich States, Poor States Rankings in 2022 and was named the Best State for Business by Chief Executive magazine this year.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Non-Report/Newsletters%202023/2023-R2/JT-2023-US%20MOUNTAIN-NL-WK%204-%20Arizona%20is%20Rollin.jpg" alt="" />
<figcaption class="image-caption">Its cities are significant drivers of this boom through effective economic management, with Mesa being a standout success story. Located in Maricopa County, Mesa is the leading hub for the state's semiconductor industry in the East Valley section of the Phoenix Metropolitan Area.</figcaption>
</figure>
<p>Its cities are significant drivers of this boom through effective economic management, with Mesa being a standout success story. Located in Maricopa County, Mesa is the leading hub for the state's semiconductor industry in the East Valley section of the Phoenix Metropolitan Area.</p>
<p>“TSMC (Taiwan Semiconductor Manufacturing Company) is a major draw obviously. But Intel has also been here for years and they're still expanding. With this semiconductor expansion going on, we're ripe for the supply chain, whether first-tier or second-tier supplier. We're within half an hour to Intel and an hour to TSMC,” Mesa Economic Development Director William Jabjiniak said.</p>
<p>Another key to Mesa’s success is strategic urban planning.</p>
<p>“We've created the Elliott Road Tech Corridor. Its zoning overlay helps you get through business quicker and get entitlements. There’s also the Pecos Advanced Manufacturing Zone, again an effort to invest in infrastructure and cut Entitlement risk. Those developments have been very positive for us,” Jabjiniak said.</p>
<p>Another of Arizona's metropolitan successes is Scottsdale, which consistently ranks among the most desirable communities in America for living, visiting, and business. Its vibrant Old Town is renowned as the premier urban center in the state, boasting over 90 restaurants, 320 retail shops, and 80+ art galleries. Additionally, Scottsdale is recognized as the top city in the U.S. for jobs.</p>',
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'title' => 'What the world can learn from Japan's education system',
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'description' => 'Japan's educational system is admired around the world for its comprehensive approach, unlike the specialized approach that has grown more popular in several countries around the world. Beyond academic learning, Japanese schools stress the teaching of life skills and fostering discipline, with an added emphasis on morals and ethics. ',
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'content' => '<p>Japan’s educational system is admired around the world for its comprehensive approach, unlike the specialized approach that has grown more popular in several countries around the world. Beyond academic learning, Japanese schools stress the teaching of life skills and fostering discipline, with an added emphasis on morals and ethics.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Non-Report/Newsletters%202023/2023-R2/FA-2023-JAPAN-NL-WK%205-EDITED-The%20success%20of%20Japans%20education%20system.jpg" alt="" />
<figcaption class="image-caption">The success of Japan's education system can be gauged from the country's high literacy rate and scores in international rankings.</figcaption>
</figure>
<p>This system is indisputably effective based on the country’s literacy rate of 99.9%, as reported in a 2019 survey.</p>
<p>Apart from its very high literacy rate, Japan consistently has high rankings in international standardized tests and surveys. According to the Program for International Student Assessment, Japanese students rank second in mathematics and first in science and reading in standardized test scores.</p>
<p>From an early age until they reach 16, which marks the end of compulsory education, students receive an education in language and in STEAM (or Science, Technology, Engineering, Arts, and Mathematics), as well as in coding, and robotics.</p>
<p>For all Japanese students, a typical school day lasts at least six hours and involves a lot of homework and numerous after-school activities.</p>
<p>Although some critics contend that the Japanese system's homogeneity may inhibit independent thinking, there is no denying its remarkable effectiveness. The country’s education system has clearly contributed to the formation of a stable society, innovative industries, and a powerful economy.</p>',
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'id' => '545465',
'title' => 'Aichi University of Technology: Helping students achieve their dreams',
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'description' => 'The city of Aichi, famous around the world as an industrial center in Japan and the home of car giant Toyota, is very proud of Aichi University of Technology, which was founded in 2000 with the objective of developing world-class engineers capable of advancing technology and the industrial sector. ',
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'content' => '<p>The city of Aichi, famous around the world as an industrial center in Japan and the home of car giant Toyota, is very proud of Aichi University of Technology, which was founded in 2000 with the objective of developing world-class engineers capable of advancing technology and the industrial sector. </p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Non-Report/Newsletters%202023/2023-R2/FA-WK5-Aichi_University_of_Tehnology-Masatoshi-Onishi-2.jpg" alt="" />
<figcaption class="image-caption">Aichi University of Technology President Masatoshi Onishi</figcaption>
</figure>
<p>Apart from helping its students pursue a career in engineering, AUT is also committed to build their self-confidence and develop their unique identities. </p>
<p>President Masatoshi Onishi told GMI POST that the school chose its location in an industrial center so it could cultivate top engineers and advanced practical technology and also experts in automotive engineering with the cooperating junior college</p>
<p>Despite its small size, the president pointed out that AUT has partnerships with other academic institutions, as well as with governmental agencies and research organizations, which boosted its reputation around the world. </p>
<p>Proving its comprehensive view of the factory automation and the automotive industry, the university introduced a course on IoT and AI engineering.</p>
<p>"This program addresses a societal issue that is significant not only in Japan but also around the world. Our researchers observed the genuine interest shown by international students in technology and the critical subjects associated with this field. It has become an area of recognition for our university," Onishi said.</p>
<p>Although AUT may be classified as a smaller university, Onishi is enthusiastic about enhancing its reputation both locally and globally. The institution has been actively adapting to the evolving landscape of education. In the president's own words, "Despite our size, AUT remains committed to teaching cutting-edge technology. We have managed to make valuable contributions to companies and collaborate effectively with both our local and international students."</p>
<p><em><strong><a href="https://www.aut.ac.jp" target="_blank" rel="noopener">https://www.aut.ac.jp</a></strong></em></p>',
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'title' => 'The role of exam culture in Japan',
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'content' => '<p>Entrance exams in Japan is serious business as several thousands of high school students vie for highly coveted spots in the country’s top-ranking universities, believing that graduating from an elite school will ensure lifelong job security and a stable future.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Non-Report/Newsletters%202023/2023-R2/FA-2023-JAPAN-NL-WK%205-EDITED-Exam%20culture.jpg" alt="" />
<figcaption class="image-caption">From an early age, Japanese students are accustomed to the pressure of performing well in exams.</figcaption>
</figure>
<p>The deeply-rooted exam culture in Asia has its origins in ancient Imperial China, when emperors sought to find its best qualified subjects to serve in their courts. With the influence of Confucius, the system evolved into a search for the well-read and morally upright civil servants. The system was widely adopted in neighboring societies, like Vietnam, Korea and Japan.</p>
<p>Today, Japan’s educational system has maintained the importance of standardized university entrance exams. Because entry into an elite university is difficult, students, from as early as primary school, undergo regular testing to gauge their performance and get them accustomed to the pressure of that all-important exam.</p>
<p>While the system has its critics, it also has staunch supporters. Proponents of the standardized entrance exam say it cultivates discipline and a strong work ethic in students from an early age.</p>
<p>Through the preparation process, students develop effective study habits, time management skills, and strategies to surmount obstacles, which are all useful in their academic and professional careers.</p>
<p>Japan’s exam culture also helps maintain a high standard of education because benchmarks are standardized across the country. The pressure to meet those exacting demands pushes students to excel. Collectively, the effect is a highly-educated workforce.</p>
<p>Without compromising its standards, the government has also recognized the need to ease the pressure on students and promote holistic development in education. Aside from academic knowledge, the government wants its schools to encourage creativity, critical thinking and communication skills., as well as provide a supportive environment that prioritizes students' overall wellbeing and individual growth.</p>',
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'title' => 'Renowned U.S. chip designer wants to end Nvidia's global dominance',
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'description' => 'Tenstorrent 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>
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<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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'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>
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<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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'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>
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<figcaption class="image-caption">Melexis' new 70 million-euro facility in Kuching is a nod to the local architectural design. (Photo source: Melexis)</figcaption>
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<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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'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>
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<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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'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>
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<figcaption class="image-caption">Fairfax County Economic Development Authority President and CEO Victor Hoskins (Photo source: Fairfax County Economic Development Authority)</figcaption>
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<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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<figcaption class="image-caption">Michigan Gov. Gretchen Whitmer (center) with senior officers of FANUC America at its West Campus. (Photo source: FANUC America)</figcaption>
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<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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'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>
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<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>
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'description' => 'Ontario-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>
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<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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'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>
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<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>
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<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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'description' => 'To drive growth, investment is fundamental. Recognizing the limitations on the domestic front, companies look overseas to expand their market while, at the same time, countries improve infrastructure and introduce incentives to attract new business.
Competition is tough. Resources are limited. Room for error is small.',
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'content' => '<p>To drive growth, investment is fundamental. Recognizing the limitations on the domestic front, companies look overseas to expand their market while, at the same time, countries improve infrastructure and introduce incentives to attract new business.</p>
<p>Competition is tough. Resources are limited. Room for error is small.</p>
<p>In deciding where to go next and ensure profitability, all businesses have their own checklist. Below is a short list of common criteria.</p>
<p><strong>Steady, as she goes</strong></p>
<p>Political and economic stability is a primary consideration for investors in search of overseas markets. After all, all investors have long-term plans and need predictability if their ventures are to be profitable and worthwhile. They need to minimize risks by making sure their investment will be insulated from elections cycles and any possible change in policy direction.</p>
<p>Delving deeper, prospective investors look into a host country’s regulatory environment and its regard for the rule of law. They usually consider factors such as property rights, contract enforceability, labor laws, and dispute resolution mechanisms. To further mitigate their risks and give them a clearer picture, they also engage legal professionals who are knowledgeable in local regulations.</p>
<p>In the World Justice Project’s latest Rule of Law Index, Scandinavian countries of Denmark, Norway and Finland, respectively, occupied the top three spots <a href="https://worldjusticeproject.org/rule-of-law-index/global/2022/Regulatory%20Enforcement/" target="_blank" rel="noopener">in terms of regulatory enforcement</a>. In Asia, the countries that performed best were Singapore (7), Japan (17), Hong Kong (18) and South Korea (24).</p>
<p><strong>Size matters</strong></p>
<p>Other critical factors that investors considers are population and its growth. The rise of China and, more recently of India as major economic powers became possible because of the sizes and growth of their population.</p>
<p>A larger market means a greater potential for sales and greater production capabilities. Factors such as population growth, rising incomes, and increasing consumer demand contribute to a favorable investment environment.</p>
<p>In Japan, where the population is ageing and shrinking because of its negative birth rate, companies are looking overseas for new markets to make their goods and to sell them to.</p>
<p>Other approaches include the negotiation of free trade agreements that eliminate tariffs, which lower the cost of goods; and the formation of common markets, the largest of which is the European Union, which is made up of 27 members and collectively comprises a market of around 447 million people. After mainland China, <a href="https://europa.eu/webtools/rest/charts/export/html/" target="_blank" rel="noopener">the EU27 accounted for the largest share in global trade as of 2020</a>, according to Eurostat.</p>
<figure class="image-container align-center floated-right floated-left" style="float: right; text-align: justify;"><img src="https://www.gmipost.com/img/uploads/Non-Report/Newsletters%202023/2023-R2/FDI-NL-1-Site-Selection-Chart.jpg" alt="" />
<figcaption class="image-caption">With the formation of a single market, the European Union accounts for the second-largest share of global trade. (Source: Eurostat)</figcaption>
</figure>
<p><strong>Planes, Trains and Automobiles</strong></p>
<p>In evaluating prospective sites for new investments, companies evaluate the quality and the breadth of a country's transport infrastructure. Well-developed and highly-connected roads, railways and airports cut operational costs, facilitates logistics, and ensures the timely delivery of goods and services.</p>
<p>Apart from infrastructure, investors also consider proximity to suppliers, customers, and distribution networks. Being situated close to suppliers reduces costs and ensures timely delivery of raw materials and finished goods, while proximity to target customers and distribution networks facilitates market access and reduces logistics expenses.</p>
<p>In Texas, the city of Irving likes to stress that it is merely a 10-minute drive away from the Dallas Fort Worth International Airport (DFW), which offers daily flights to Haneda and Narita airports in Japan. Across state lines, Ardmore in Oklahoma uses its proximity to DFW (about 90 minutes by car) in its pitch to investors. Similarly, Opelika in Alabama says it is only a 75-minute drive away from Atlanta Hartsfield-Jackson International Airport in neighboring Georgia.</p>
<p><strong>Sweetening the pot</strong></p>
<p>To attract foreign investors, governments create a business-friendly climate through tax incentives, minimal administrative processes and safeguards to intellectual property. Some of these measure include grants and subsidies, as well as the establishment of special economic zones or free trade areas. </p>
<p>The availability of such incentives and policies, taken together with the country’s economic and political stability, will ensure the success of any international investor and guarantee long-term benefits to the host country, like new jobs and a higher standard of living.</p>
<p>According to <a href="https://markets.businessinsider.com/news/stocks/ranked-the-20-easiest-countries-for-doing-business-1028712445" target="_blank" rel="noopener">the Doing Business ranking published last by the World Bank in 2020</a>, it was easiest to do business in these 10 countries: New Zealand, Singapore, Hong Kong, Denmark, South Korea, the US, Georgia, the UK, Norway, Sweden. Included in the top 20 were Finland; Malaysia and Taiwan in Asia, and the three Baltic republics.</p>
<p><strong>Going for the skill</strong></p>
<p>Easy access to a large skilled and educated workforce is crucial for the success of any investment. Evaluating the quality and availability of local talent, particularly the level of education, technical skills, and language proficiency, is an essential factor in decision making.</p>
<p>Establishing operations with well-established educational institutions and vocational training programs can guarantee a reliable supply skilled technicians and workers.</p>
<p>In the U.S. Midwest, SI Now, which serves as the investment promotions hub for the 17 counties in Southern Illinois, capitalizes on the presence of Southern Illinois University, ranked in the top 4% of higher educational institutions for research in the country. It offers programs in automotive technology, aviation, fermentation science and engineering.</p>
<p>The university as partnerships with Nagoya University and Meiji University in Japan. The region is also home to three Aisin Group manufacturing facilities.</p>',
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'title' => 'If you build it, they will come',
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'description' => 'To drive growth, investment is fundamental. Recognizing the limitations on the domestic front, companies look overseas to expand their market while, at the same time, countries improve infrastructure and introduce incentives to attract new business.
Competition is tough. Resources are limited. Room for error is small.',
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'content' => '<p>To drive growth, investment is fundamental. Recognizing the limitations on the domestic front, companies look overseas to expand their market while, at the same time, countries improve infrastructure and introduce incentives to attract new business.</p>
<p>Competition is tough. Resources are limited. Room for error is small.</p>
<p>In deciding where to go next and ensure profitability, all businesses have their own checklist. Below is a short list of common criteria.</p>
<p><strong>Steady, as she goes</strong></p>
<p>Political and economic stability is a primary consideration for investors in search of overseas markets. After all, all investors have long-term plans and need predictability if their ventures are to be profitable and worthwhile. They need to minimize risks by making sure their investment will be insulated from elections cycles and any possible change in policy direction.</p>
<p>Delving deeper, prospective investors look into a host country’s regulatory environment and its regard for the rule of law. They usually consider factors such as property rights, contract enforceability, labor laws, and dispute resolution mechanisms. To further mitigate their risks and give them a clearer picture, they also engage legal professionals who are knowledgeable in local regulations.</p>
<p>In the World Justice Project’s latest Rule of Law Index, Scandinavian countries of Denmark, Norway and Finland, respectively, occupied the top three spots <a href="https://worldjusticeproject.org/rule-of-law-index/global/2022/Regulatory%20Enforcement/" target="_blank" rel="noopener">in terms of regulatory enforcement</a>. In Asia, the countries that performed best were Singapore (7), Japan (17), Hong Kong (18) and South Korea (24).</p>
<p><strong>Size matters</strong></p>
<p>Other critical factors that investors considers are population and its growth. The rise of China and, more recently of India as major economic powers became possible because of the sizes and growth of their population.</p>
<p>A larger market means a greater potential for sales and greater production capabilities. Factors such as population growth, rising incomes, and increasing consumer demand contribute to a favorable investment environment.</p>
<p>In Japan, where the population is ageing and shrinking because of its negative birth rate, companies are looking overseas for new markets to make their goods and to sell them to.</p>
<p>Other approaches include the negotiation of free trade agreements that eliminate tariffs, which lower the cost of goods; and the formation of common markets, the largest of which is the European Union, which is made up of 27 members and collectively comprises a market of around 447 million people. After mainland China, <a href="https://europa.eu/webtools/rest/charts/export/html/" target="_blank" rel="noopener">the EU27 accounted for the largest share in global trade as of 2020</a>, according to Eurostat.</p>
<figure class="image-container align-center floated-right floated-left" style="float: right; text-align: justify;"><img src="https://www.gmipost.com/img/uploads/Non-Report/Newsletters%202023/2023-R2/FDI-NL-1-Site-Selection-Chart.jpg" alt="" />
<figcaption class="image-caption">With the formation of a single market, the European Union accounts for the second-largest share of global trade. (Source: Eurostat)</figcaption>
</figure>
<p><strong>Planes, Trains and Automobiles</strong></p>
<p>In evaluating prospective sites for new investments, companies evaluate the quality and the breadth of a country's transport infrastructure. Well-developed and highly-connected roads, railways and airports cut operational costs, facilitates logistics, and ensures the timely delivery of goods and services.</p>
<p>Apart from infrastructure, investors also consider proximity to suppliers, customers, and distribution networks. Being situated close to suppliers reduces costs and ensures timely delivery of raw materials and finished goods, while proximity to target customers and distribution networks facilitates market access and reduces logistics expenses.</p>
<p>In Texas, the city of Irving likes to stress that it is merely a 10-minute drive away from the Dallas Fort Worth International Airport (DFW), which offers daily flights to Haneda and Narita airports in Japan. Across state lines, Ardmore in Oklahoma uses its proximity to DFW (about 90 minutes by car) in its pitch to investors. Similarly, Opelika in Alabama says it is only a 75-minute drive away from Atlanta Hartsfield-Jackson International Airport in neighboring Georgia.</p>
<p><strong>Sweetening the pot</strong></p>
<p>To attract foreign investors, governments create a business-friendly climate through tax incentives, minimal administrative processes and safeguards to intellectual property. Some of these measure include grants and subsidies, as well as the establishment of special economic zones or free trade areas. </p>
<p>The availability of such incentives and policies, taken together with the country’s economic and political stability, will ensure the success of any international investor and guarantee long-term benefits to the host country, like new jobs and a higher standard of living.</p>
<p>According to <a href="https://markets.businessinsider.com/news/stocks/ranked-the-20-easiest-countries-for-doing-business-1028712445" target="_blank" rel="noopener">the Doing Business ranking published last by the World Bank in 2020</a>, it was easiest to do business in these 10 countries: New Zealand, Singapore, Hong Kong, Denmark, South Korea, the US, Georgia, the UK, Norway, Sweden. Included in the top 20 were Finland; Malaysia and Taiwan in Asia, and the three Baltic republics.</p>
<p><strong>Going for the skill</strong></p>
<p>Easy access to a large skilled and educated workforce is crucial for the success of any investment. Evaluating the quality and availability of local talent, particularly the level of education, technical skills, and language proficiency, is an essential factor in decision making.</p>
<p>Establishing operations with well-established educational institutions and vocational training programs can guarantee a reliable supply skilled technicians and workers.</p>
<p>In the U.S. Midwest, SI Now, which serves as the investment promotions hub for the 17 counties in Southern Illinois, capitalizes on the presence of Southern Illinois University, ranked in the top 4% of higher educational institutions for research in the country. It offers programs in automotive technology, aviation, fermentation science and engineering.</p>
<p>The university as partnerships with Nagoya University and Meiji University in Japan. The region is also home to three Aisin Group manufacturing facilities.</p>',
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'title' => 'How Japanese universities are spearheading internationalization',
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'description' => 'In recent years, Japan has become a top choice for international students seeking higher education. What is the motivation behind Japanese universities' efforts to attract global talent and promote internationalization?',
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'content' => '<p>In recent years, Japan has become a top choice for international students seeking higher education. Following the pandemic, the country has actively pursued internationalization, aiming to create diverse academic hubs on its campuses.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Non-Report/Newsletters%202023/2023-R2/FA-2023-JAPAN-NL-WK-7-Internationalization.jpg" alt="" />
<figcaption class="image-caption">Japan towers above the rest in the internationalization of its education system.</figcaption>
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<p>What is the motivation behind Japanese universities' efforts to attract global talent and promote internationalization?</p>
<p><strong>Promoting global diversity</strong></p>
<p>Japanese universities and the government have taken bold steps to enhance global diversity by attracting students from around the world. They have implemented various scholarship programs and initiatives aimed at creating an enriched academic environment, fostering cross-cultural understanding, and promoting global cooperation.</p>
<p><strong>Enhancing competitiveness</strong></p>
<p>Japanese universities promote an internationalized campus environment that fosters innovation, collaboration, and critical thinking. They offer holistic education beyond national boundaries, facilitated by partnerships with foreign universities, student exchanges, and international research collaborations. These opportunities enable students to broaden their perspectives and cultivate a global mindset.</p>
<p><strong>Addressing demographic challenges</strong></p>
<p>Due to Japan's shrinking population and declining birth rate, universities face a shortage of domestic students. As a result, they are compelled to attract international students as an alternative. By doing so, universities not only address the demographic challenge but also enhance cultural diversity. International students bring unique perspectives, skills, and experiences, enriching classroom discussions and research endeavors.</p>
<p><strong>Globalizing research and innovation</strong></p>
<p>Japanese universities want to be leading global hubs for research and innovation. Through internationalization, they access diverse talent and collaborate with leading scholars, improving the quality and impact of research outcomes. These efforts are transforming Japan's educational landscape.</p>',
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'id' => '545477',
'title' => 'DHU: A pioneer in digital education in Japan',
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'description' => 'Step into the world of Digital Hollywood University (DHU), where cutting-edge education meets limitless creativity. Established in 2005, DHU has emerged as a trailblazer in the realm of digital education.',
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'url' => 'dhu-a-pioneer-in-digital-education-in-japan',
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'content' => '<p>Step into the world of Digital Hollywood University (DHU), where cutting-edge education meets limitless creativity. Established in 2005, DHU has emerged as a trailblazer in the realm of digital education.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Non-Report/Newsletters%202023/2023-R2/FA-2023-JAPAN-NL-WK-7-DHU.jpg" alt="" />
<figcaption class="image-caption">Led by President Tomoyuki Sugiyama, instruction in Digital Hollywood University is personal and hands-on.</figcaption>
</figure>
<p>Through its pioneering curriculum, state-of-the-art facilities, and invaluable industry connections, DHU has set the standard for aspiring professionals in the digital entertainment and media industry.</p>
<p>“We teach students computer animation, Japanese animation, web designing, programming, filmmaking, visual effects, IT entrepreneurship. Most of our instructors come from the industry. Ninety of them are part-time and they bring the most updated knowledge and techniques to our students,” Head of the International Office Yoshimi Tamiya said.</p>
<p>DHU offers a diverse array of programs and courses that include game design, animation, filmmaking, virtual reality, and digital marketing. Emphasizing a hands-on approach, the university gives its students abundant opportunities to cultivate practical skills and gain industry experience.</p>
<p>Its faculty comprises industry professionals who blend real-world expertise with classroom instruction, providing students with relevant and up-to-date knowledge alongside real-world experiences.</p>
<p>“What makes us unique is the fact that we don't have any major system during the four years they spend in the university. The students don’t need to choose their major and they can study whatever they are interested in. For the first two years, they can explore their interests and after, hopefully know what to pursue so they can deepen their knowledge and techniques,” Tamiya said.</p>
<p>DHU doesn’t limit its education locally. It recognizes the benefits of looking beyond borders.</p>
<p>“We offer a study abroad program for second year students for either one or two semesters as a part of the university program,” Tamiya said, adding students will profit professionally when they broaden their horizons and gain cross-cultural experiences.</p>
<p><strong><em><a href="https://www.dhw.ac.jp/en" target="_blank" rel="noopener">https://www.dhw.ac.jp/en</a> </em></strong></p>',
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'title' => 'Going beyond the classroom',
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'description' => 'In Japan's education system, extracurricular activities are considered vital for holistic development, teamwork, and discipline. Schools believe that non-academic activities provide valuable chances for students to explore their interests and talents through sports and cultural clubs.',
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'content' => '<p>In Japan’s education system, extracurricular activities are considered vital for holistic development, teamwork, and discipline. Schools believe that non-academic activities provide valuable chances for students to explore their interests and talents through sports and cultural clubs.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Non-Report/Newsletters%202023/2023-R2/FA-2023-JAPAN-NL-WK-7-Extracurricular-Activities.jpg" alt="" />
<figcaption class="image-caption">Japanese schools place much importance in extracurricular activities for their ability to teach valuable life skills.</figcaption>
</figure>
<p>On one hand, sports clubs promote self-discipline, teamwork, and perseverance because of rigorous training sessions ahead of competitions. Students also develop a strong work ethic, time management skills, and unwavering dedication, apart from improving their well-being, both physically and mentally.</p>
<p>Cultural clubs, on the other hand, cover those interested in the arts, both traditional (i.e. the tea ceremony and calligraphy) and modern (i.e. photography, contemporary music and dance). Joining these clubs nurtures creativity, self-expression, and a deeper connection to heritage, as well as fosters cross-cultural exchange that broadens their appreciation of other cultures.</p>
<p>These activities not only contribute to the individual development of students but also foster a sense of community and camaraderie. Often, students often form close bonds and develop lifelong friendships through shared experiences and their common goals.</p>
<p>Extracurricular activities also offer students opportunities to cultivate leadership skills and become more responsible. By serving as team captains or club presidents, they learn to make decisions, manage conflicts and motivate their peers. In turn, these experiences boost self-confidence and prepare them for future personal and professional challenges.</p>',
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'title' => 'Embracing diversity in the Japanese education system ',
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'description' => 'Japan's excellent education system continues to draw a lot of international students. To accommodate this influx of non-Japanese students, the country is working to establish an inclusive atmosphere that allows for their seamless integration.',
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'content' => '<p>Japan’s excellent education system continues to draw a lot of international students. To accommodate this influx of non-Japanese students, the country is working to establish an inclusive atmosphere that allows for their seamless integration.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Non-Report/Newsletters%202023/2023-R2/FA-2023-JAPAN-NL-WK%205-EDITED-Embracing%20diversity.jpg" alt="" />
<figcaption class="image-caption">Japanese schools and universities have recognized the value of diversity in education.</figcaption>
</figure>
<p>Acknowledging the importance of cultural diversity and the interchange of different viewpoints, schools and universities have instituted various strategies to cultivate individuals with a global mindset.</p>
<p><strong>Creating support programs</strong></p>
<p>Japanese educational institutions have implemented specialized support programs to cater to the unique requirements of international students. These programs include language support, cultural orientation and academic guidance.</p>
<p><strong>Creating buddy systems</strong></p>
<p>Buddy systems pair local students with foreign counterparts, fostering cross-cultural friendships and enhancing appreciation for diverse traditions. The buddies serve as mentors, providing guidance and support to navigate various challenges.</p>
<p><strong>Diversifying the curriculum</strong></p>
<p>To promote cultural understanding, educational institutions are incorporating diverse perspectives into the curriculum by introducing topics related to global issues, history, and culture.</p>
<p><strong>Making international exchange programs available</strong></p>
<p>Schools actively participate in international exchange programs to allow interaction for foreign students with peers from different countries. These programs are tailored to foster intercultural competence, empathy, and cooperation for citizens living in an interconnected world.</p>
<p><strong>Promoting cultural exchange</strong></p>
<p>Cultural festivals organized by the school and local community provide platforms for foreign students to showcase their traditions and customs, promoting understanding and appreciation among students and the community. These initiatives reflect Japan's dedication to inclusivity, fostering an inclusive society by implementing supportive programs, encouraging peer interactions, diversifying the curriculum, and promoting cultural exchange.</p>',
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'id' => '545474',
'title' => 'Innovation in education: How Japan blends tradition with technology',
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'description' => 'Renowned for its unique cultural legacy and awe-inspiring technological prowess, Japan is embarking on a novel project that seeks to integrate state-of-the-art technology into its teaching methods, including the potential integration of artificial intelligence (AI).',
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'content' => '<p>Renowned for its unique cultural legacy and awe-inspiring technological prowess, Japan is embarking on a novel project that seeks to integrate state-of-the-art technology into its teaching methods, including the potential integration of artificial intelligence (AI).</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Non-Report/Newsletters%202023/2023-R2/FA-2023-JAPAN-NL-WK%205-EDITED-AI.jpg" alt="" />
<figcaption class="image-caption">Japan is a master in bringing together modern technology and traditional culture.</figcaption>
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<p>How will Japan transform teaching and student-teacher collaboration? What has the country learned from the implementation of blended learning at the height of the Covid pandemic? What lessons will it keep on board?</p>
<p><strong>Enhanced classroom instruction</strong></p>
<p>Intelligent tutoring systems powered by AI algorithms are facilitating the learning experience for students by analyzing their performance data, identifying areas of improvement, and offering personalized programs for each of them.</p>
<p><strong>Promoting collaborative learning</strong></p>
<p>Japan is harnessing technology to enrich collaborative learning. AI-driven tools enable students to engage in real-time collaboration, both in-person and remotely. Such experiences have been found to improve learning, foster teamwork, and nurture critical thinking abilities.</p>
<p><strong>Supplementing feedback</strong></p>
<p>AI has the ability to transform this process by automating assessments and streamlining feedback. AI algorithms are able to evaluate data at a much faster pace, which provides teachers with more time to spend on qualitative assessments.</p>
<p><strong>Preserving cultural heritage</strong></p>
<p>While technology has played a big role in the education field, Japan remains committed to preserving its deeply-revered cultural heritage. Some schools have come up with AI-powered programs that instruct about the richness of Japanese culture and impart values shared by all Japanese.</p>
<p><strong>Empowering teachers</strong></p>
<p>Rather than replacing teachers, AI-powered tools were designed to empower educators through tools that automate administrative tasks, such as grading and record-keeping. In doing so, teachers are able to focus more on instructional planning, mentoring, and facilitating discussions.</p>',
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'section_summary' => 'Renowned for its unique cultural legacy and awe-inspiring technological prowess, Japan is embarking on a novel project that seeks to integrate state-of-the-art technology into its teaching methods, including the potential integration of artificial intelligence (AI).',
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'id' => '545475',
'title' => 'Nara University of Education: Training teachers for more than 130 years',
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'description' => 'Founded in 1949, Nara University of Education has built a reputation in Japan for training teachers who are committed to upholding its academic heritage and contributing to the improvement of the country's education standards.',
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'content' => '<p>Founded in 1888, Nara University of Education has built a reputation in Japan for training teachers who are committed to upholding its academic heritage and contributing to the improvement of the country’s education standards.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Non-Report/Newsletters%202023/2023-R2/FA-2023-JAPAN-NL-WK%205-EDITED-Nara%20University%20of%20Education-Toshiya_Miyashita.jpg" alt="" />
<figcaption class="image-caption">Nara University of Education President Toshiya Miyashita</figcaption>
</figure>
<p>Throughout its 135-year history, the university has remained steadfast in pioneering its pedagogical methodologies. Recently, it opened enrollment to international students.</p>
<p>“The graduate school (master's program) is where people want to study Japanese culture or education. We also have students who want to know more about Nara and Japanese calligraphy. Right now, we have around 10 to 15 foreign students,” President Toshiya Miyashita told GMI POST.</p>
<p>“Nara University of Education not only sends teachers all over Nara, but also across the nation. We are also the first UNESCO-associated school in Japan and mainly focus on sustainability and the U.N. SDGs (Sustainable Development Goals),” he added. </p>
<p>According to Miyashita, all students at Nara University of Education will become teachers who, through ESD (Education for Sustainable Development), will nurture children who can create a sustainable society.</p>
<p>“We are very proud to have a student circle called the UNESCO Club, where about a 100 of a thousand students in our university voluntarily promote ESD. They join volunteer activities, like guiding tourists that come to Nara and talk about our cultural assets or talking to children from different schools,” he also said.</p>
<p><strong><em><a href="https://www.nara-edu.ac.jp/english" target="_blank" rel="noopener">www.nara-edu.ac.jp/english</a></em></strong></p>',
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'id' => '545471',
'title' => 'The electric car is driving people to net-zero',
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'description' => 'Electric vehicles are rapidly becoming the preferred choice for environmentally conscious individuals. But, a company based in the U.S. West appears to have surmounted huge issues that have hindered their wider use.
',
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'content' => '<p>As global warming concerns grow and green technology gains popularity, electric vehicles are rapidly becoming the preferred choice for environmentally conscious individuals.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Non-Report/Newsletters%202023/2023-R2/JT-2023-US%20MOUNTAIN-NL-WK%204-%20The%20Electric%20Car.jpg" alt="" />
<figcaption class="image-caption">The Lucid Air Sapphire is the company's top-of-the-line sedan, which delivers more than 1,200 horsepower, a top speed exceeding 270 kph, a 0-60 time of under 2 seconds, and a maximum range of up to 830 km on a single charge.</figcaption>
</figure>
<p>In the past, the main obstacles facing EVs were the lack of infrastructure, i.e. charging stations, and sticker shock. However, a company based in the U.S. West appears to have surmounted those issues.</p>
<p>“As a company, we believe that we have a real problem with global warming. We also believe that pure battery electric is the right solution. However, in order to do that, we need to overcome some fundamental hurdles, first of which is range anxiety. We've addressed that with the first car, with its 520-mile range and currently in production,” Lucid Motors CEO and CTO Peter Rawlinson said.</p>
<p>From its manufacturing plant in Arizona, Lucid Motors assembles four models of luxury electric cars, all with affordable prices and equipped with the latest technology. In fact, the technology that gives Lucid cars its long range is the very same one that makes them less expensive.</p>
<p>“The way we achieve range is much more profound and important. We do that with less batteries. If we can go farther with less batteries, we could go the same distance with a much smaller battery pack. Because the battery is the most expensive component of an electric car, we have a profound influence on its manufacturing cost. Now, the cost of ownership is the greatest remaining hurdle to widespread adoption,” Rawlinson said.</p>
<p><strong><em><a href="https://lucidmotors.com" target="_blank" rel="noopener">https://lucidmotors.com</a> </em></strong></p>',
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'id' => '545472',
'title' => 'Arizona is rollin'',
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'description' => 'Arizona has been experiencing robust economic growth lately that it outperformed all other states in various rankings. The Grand Canyon State topped the ALEC-Laffer "Rich States, Poor States" rankings in 2022 and was named the Best State for Business by Chief Executive magazine this year.',
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'content' => '<p>Arizona has been experiencing robust economic growth lately that it outperformed all other states in various rankings. The Grand Canyon State topped the ALEC-Laffer Rich States, Poor States Rankings in 2022 and was named the Best State for Business by Chief Executive magazine this year.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Non-Report/Newsletters%202023/2023-R2/JT-2023-US%20MOUNTAIN-NL-WK%204-%20Arizona%20is%20Rollin.jpg" alt="" />
<figcaption class="image-caption">Its cities are significant drivers of this boom through effective economic management, with Mesa being a standout success story. Located in Maricopa County, Mesa is the leading hub for the state's semiconductor industry in the East Valley section of the Phoenix Metropolitan Area.</figcaption>
</figure>
<p>Its cities are significant drivers of this boom through effective economic management, with Mesa being a standout success story. Located in Maricopa County, Mesa is the leading hub for the state's semiconductor industry in the East Valley section of the Phoenix Metropolitan Area.</p>
<p>“TSMC (Taiwan Semiconductor Manufacturing Company) is a major draw obviously. But Intel has also been here for years and they're still expanding. With this semiconductor expansion going on, we're ripe for the supply chain, whether first-tier or second-tier supplier. We're within half an hour to Intel and an hour to TSMC,” Mesa Economic Development Director William Jabjiniak said.</p>
<p>Another key to Mesa’s success is strategic urban planning.</p>
<p>“We've created the Elliott Road Tech Corridor. Its zoning overlay helps you get through business quicker and get entitlements. There’s also the Pecos Advanced Manufacturing Zone, again an effort to invest in infrastructure and cut Entitlement risk. Those developments have been very positive for us,” Jabjiniak said.</p>
<p>Another of Arizona's metropolitan successes is Scottsdale, which consistently ranks among the most desirable communities in America for living, visiting, and business. Its vibrant Old Town is renowned as the premier urban center in the state, boasting over 90 restaurants, 320 retail shops, and 80+ art galleries. Additionally, Scottsdale is recognized as the top city in the U.S. for jobs.</p>',
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'id' => '545464',
'title' => 'What the world can learn from Japan's education system',
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'description' => 'Japan's educational system is admired around the world for its comprehensive approach, unlike the specialized approach that has grown more popular in several countries around the world. Beyond academic learning, Japanese schools stress the teaching of life skills and fostering discipline, with an added emphasis on morals and ethics. ',
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'url' => 'what-the-world-can-learn-from-japans-education-system',
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'content' => '<p>Japan’s educational system is admired around the world for its comprehensive approach, unlike the specialized approach that has grown more popular in several countries around the world. Beyond academic learning, Japanese schools stress the teaching of life skills and fostering discipline, with an added emphasis on morals and ethics.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Non-Report/Newsletters%202023/2023-R2/FA-2023-JAPAN-NL-WK%205-EDITED-The%20success%20of%20Japans%20education%20system.jpg" alt="" />
<figcaption class="image-caption">The success of Japan's education system can be gauged from the country's high literacy rate and scores in international rankings.</figcaption>
</figure>
<p>This system is indisputably effective based on the country’s literacy rate of 99.9%, as reported in a 2019 survey.</p>
<p>Apart from its very high literacy rate, Japan consistently has high rankings in international standardized tests and surveys. According to the Program for International Student Assessment, Japanese students rank second in mathematics and first in science and reading in standardized test scores.</p>
<p>From an early age until they reach 16, which marks the end of compulsory education, students receive an education in language and in STEAM (or Science, Technology, Engineering, Arts, and Mathematics), as well as in coding, and robotics.</p>
<p>For all Japanese students, a typical school day lasts at least six hours and involves a lot of homework and numerous after-school activities.</p>
<p>Although some critics contend that the Japanese system's homogeneity may inhibit independent thinking, there is no denying its remarkable effectiveness. The country’s education system has clearly contributed to the formation of a stable society, innovative industries, and a powerful economy.</p>',
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'id' => '545465',
'title' => 'Aichi University of Technology: Helping students achieve their dreams',
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'description' => 'The city of Aichi, famous around the world as an industrial center in Japan and the home of car giant Toyota, is very proud of Aichi University of Technology, which was founded in 2000 with the objective of developing world-class engineers capable of advancing technology and the industrial sector. ',
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'url' => 'aichi-university-of-technology-helping-students-achieve-their-dreams',
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'content' => '<p>The city of Aichi, famous around the world as an industrial center in Japan and the home of car giant Toyota, is very proud of Aichi University of Technology, which was founded in 2000 with the objective of developing world-class engineers capable of advancing technology and the industrial sector. </p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Non-Report/Newsletters%202023/2023-R2/FA-WK5-Aichi_University_of_Tehnology-Masatoshi-Onishi-2.jpg" alt="" />
<figcaption class="image-caption">Aichi University of Technology President Masatoshi Onishi</figcaption>
</figure>
<p>Apart from helping its students pursue a career in engineering, AUT is also committed to build their self-confidence and develop their unique identities. </p>
<p>President Masatoshi Onishi told GMI POST that the school chose its location in an industrial center so it could cultivate top engineers and advanced practical technology and also experts in automotive engineering with the cooperating junior college</p>
<p>Despite its small size, the president pointed out that AUT has partnerships with other academic institutions, as well as with governmental agencies and research organizations, which boosted its reputation around the world. </p>
<p>Proving its comprehensive view of the factory automation and the automotive industry, the university introduced a course on IoT and AI engineering.</p>
<p>"This program addresses a societal issue that is significant not only in Japan but also around the world. Our researchers observed the genuine interest shown by international students in technology and the critical subjects associated with this field. It has become an area of recognition for our university," Onishi said.</p>
<p>Although AUT may be classified as a smaller university, Onishi is enthusiastic about enhancing its reputation both locally and globally. The institution has been actively adapting to the evolving landscape of education. In the president's own words, "Despite our size, AUT remains committed to teaching cutting-edge technology. We have managed to make valuable contributions to companies and collaborate effectively with both our local and international students."</p>
<p><em><strong><a href="https://www.aut.ac.jp" target="_blank" rel="noopener">https://www.aut.ac.jp</a></strong></em></p>',
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'id' => '545466',
'title' => 'The role of exam culture in Japan',
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'description' => 'Entrance exams in Japan is serious business as several thousands of high school students vie for highly coveted spots in the country's top-ranking universities, believing that graduating from an elite school will ensure lifelong job security and a stable future.',
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'content' => '<p>Entrance exams in Japan is serious business as several thousands of high school students vie for highly coveted spots in the country’s top-ranking universities, believing that graduating from an elite school will ensure lifelong job security and a stable future.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Non-Report/Newsletters%202023/2023-R2/FA-2023-JAPAN-NL-WK%205-EDITED-Exam%20culture.jpg" alt="" />
<figcaption class="image-caption">From an early age, Japanese students are accustomed to the pressure of performing well in exams.</figcaption>
</figure>
<p>The deeply-rooted exam culture in Asia has its origins in ancient Imperial China, when emperors sought to find its best qualified subjects to serve in their courts. With the influence of Confucius, the system evolved into a search for the well-read and morally upright civil servants. The system was widely adopted in neighboring societies, like Vietnam, Korea and Japan.</p>
<p>Today, Japan’s educational system has maintained the importance of standardized university entrance exams. Because entry into an elite university is difficult, students, from as early as primary school, undergo regular testing to gauge their performance and get them accustomed to the pressure of that all-important exam.</p>
<p>While the system has its critics, it also has staunch supporters. Proponents of the standardized entrance exam say it cultivates discipline and a strong work ethic in students from an early age.</p>
<p>Through the preparation process, students develop effective study habits, time management skills, and strategies to surmount obstacles, which are all useful in their academic and professional careers.</p>
<p>Japan’s exam culture also helps maintain a high standard of education because benchmarks are standardized across the country. The pressure to meet those exacting demands pushes students to excel. Collectively, the effect is a highly-educated workforce.</p>
<p>Without compromising its standards, the government has also recognized the need to ease the pressure on students and promote holistic development in education. Aside from academic knowledge, the government wants its schools to encourage creativity, critical thinking and communication skills., as well as provide a supportive environment that prioritizes students' overall wellbeing and individual growth.</p>',
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'title' => 'Renowned U.S. chip designer wants to end Nvidia's global dominance',
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'description' => 'Tenstorrent 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>
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<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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<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>
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<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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<figcaption class="image-caption">Melexis' new 70 million-euro facility in Kuching is a nod to the local architectural design. (Photo source: Melexis)</figcaption>
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<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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'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>
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<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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<figcaption class="image-caption">Fairfax County Economic Development Authority President and CEO Victor Hoskins (Photo source: Fairfax County Economic Development Authority)</figcaption>
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<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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<figcaption class="image-caption">Michigan Gov. Gretchen Whitmer (center) with senior officers of FANUC America at its West Campus. (Photo source: FANUC America)</figcaption>
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<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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<figcaption class="image-caption">K Health founder and CEO Allon Bloch (Photo source: K Health)</figcaption>
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<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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<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>
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<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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'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>
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'description' => 'To drive growth, investment is fundamental. Recognizing the limitations on the domestic front, companies look overseas to expand their market while, at the same time, countries improve infrastructure and introduce incentives to attract new business.
Competition is tough. Resources are limited. Room for error is small.',
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'content' => '<p>To drive growth, investment is fundamental. Recognizing the limitations on the domestic front, companies look overseas to expand their market while, at the same time, countries improve infrastructure and introduce incentives to attract new business.</p>
<p>Competition is tough. Resources are limited. Room for error is small.</p>
<p>In deciding where to go next and ensure profitability, all businesses have their own checklist. Below is a short list of common criteria.</p>
<p><strong>Steady, as she goes</strong></p>
<p>Political and economic stability is a primary consideration for investors in search of overseas markets. After all, all investors have long-term plans and need predictability if their ventures are to be profitable and worthwhile. They need to minimize risks by making sure their investment will be insulated from elections cycles and any possible change in policy direction.</p>
<p>Delving deeper, prospective investors look into a host country’s regulatory environment and its regard for the rule of law. They usually consider factors such as property rights, contract enforceability, labor laws, and dispute resolution mechanisms. To further mitigate their risks and give them a clearer picture, they also engage legal professionals who are knowledgeable in local regulations.</p>
<p>In the World Justice Project’s latest Rule of Law Index, Scandinavian countries of Denmark, Norway and Finland, respectively, occupied the top three spots <a href="https://worldjusticeproject.org/rule-of-law-index/global/2022/Regulatory%20Enforcement/" target="_blank" rel="noopener">in terms of regulatory enforcement</a>. In Asia, the countries that performed best were Singapore (7), Japan (17), Hong Kong (18) and South Korea (24).</p>
<p><strong>Size matters</strong></p>
<p>Other critical factors that investors considers are population and its growth. The rise of China and, more recently of India as major economic powers became possible because of the sizes and growth of their population.</p>
<p>A larger market means a greater potential for sales and greater production capabilities. Factors such as population growth, rising incomes, and increasing consumer demand contribute to a favorable investment environment.</p>
<p>In Japan, where the population is ageing and shrinking because of its negative birth rate, companies are looking overseas for new markets to make their goods and to sell them to.</p>
<p>Other approaches include the negotiation of free trade agreements that eliminate tariffs, which lower the cost of goods; and the formation of common markets, the largest of which is the European Union, which is made up of 27 members and collectively comprises a market of around 447 million people. After mainland China, <a href="https://europa.eu/webtools/rest/charts/export/html/" target="_blank" rel="noopener">the EU27 accounted for the largest share in global trade as of 2020</a>, according to Eurostat.</p>
<figure class="image-container align-center floated-right floated-left" style="float: right; text-align: justify;"><img src="https://www.gmipost.com/img/uploads/Non-Report/Newsletters%202023/2023-R2/FDI-NL-1-Site-Selection-Chart.jpg" alt="" />
<figcaption class="image-caption">With the formation of a single market, the European Union accounts for the second-largest share of global trade. (Source: Eurostat)</figcaption>
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<p><strong>Planes, Trains and Automobiles</strong></p>
<p>In evaluating prospective sites for new investments, companies evaluate the quality and the breadth of a country's transport infrastructure. Well-developed and highly-connected roads, railways and airports cut operational costs, facilitates logistics, and ensures the timely delivery of goods and services.</p>
<p>Apart from infrastructure, investors also consider proximity to suppliers, customers, and distribution networks. Being situated close to suppliers reduces costs and ensures timely delivery of raw materials and finished goods, while proximity to target customers and distribution networks facilitates market access and reduces logistics expenses.</p>
<p>In Texas, the city of Irving likes to stress that it is merely a 10-minute drive away from the Dallas Fort Worth International Airport (DFW), which offers daily flights to Haneda and Narita airports in Japan. Across state lines, Ardmore in Oklahoma uses its proximity to DFW (about 90 minutes by car) in its pitch to investors. Similarly, Opelika in Alabama says it is only a 75-minute drive away from Atlanta Hartsfield-Jackson International Airport in neighboring Georgia.</p>
<p><strong>Sweetening the pot</strong></p>
<p>To attract foreign investors, governments create a business-friendly climate through tax incentives, minimal administrative processes and safeguards to intellectual property. Some of these measure include grants and subsidies, as well as the establishment of special economic zones or free trade areas. </p>
<p>The availability of such incentives and policies, taken together with the country’s economic and political stability, will ensure the success of any international investor and guarantee long-term benefits to the host country, like new jobs and a higher standard of living.</p>
<p>According to <a href="https://markets.businessinsider.com/news/stocks/ranked-the-20-easiest-countries-for-doing-business-1028712445" target="_blank" rel="noopener">the Doing Business ranking published last by the World Bank in 2020</a>, it was easiest to do business in these 10 countries: New Zealand, Singapore, Hong Kong, Denmark, South Korea, the US, Georgia, the UK, Norway, Sweden. Included in the top 20 were Finland; Malaysia and Taiwan in Asia, and the three Baltic republics.</p>
<p><strong>Going for the skill</strong></p>
<p>Easy access to a large skilled and educated workforce is crucial for the success of any investment. Evaluating the quality and availability of local talent, particularly the level of education, technical skills, and language proficiency, is an essential factor in decision making.</p>
<p>Establishing operations with well-established educational institutions and vocational training programs can guarantee a reliable supply skilled technicians and workers.</p>
<p>In the U.S. Midwest, SI Now, which serves as the investment promotions hub for the 17 counties in Southern Illinois, capitalizes on the presence of Southern Illinois University, ranked in the top 4% of higher educational institutions for research in the country. It offers programs in automotive technology, aviation, fermentation science and engineering.</p>
<p>The university as partnerships with Nagoya University and Meiji University in Japan. The region is also home to three Aisin Group manufacturing facilities.</p>',
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If you build it, they will come
To drive growth, investment is fundamental. Recognizing the limitations on the domestic front, companies look overseas to expand their market while...
