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'content' => '<p>Strengthening their economic partnership and promoting the freedom of movement of students, graduates, academic researchers and business people topped the agenda of a meeting in Sydney last month between Indian Prime Minister Narendra Modi and Australian Prime Minister Anthony Albanese.</p>
<figure class="image-container floated-right" style="float: right;"><img class="align-right" src="https://www.gmipost.com/img/uploads/Non-Report/Newsletters%202023/2023-R2/FA-2023-INDIA-NL-WK%204-EDITED-Building%20Bridges.jpg" alt="" />
<figcaption class="image-caption">Indian Prime Minister Narenda Modi and Australian Prime Minister Anthony Albanese appear before thousands of Indians settled in Australia. Photo credit: Al Jazeera News</figcaption>
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<p>During a two-day official visit, Modi emphasized his government’s initiatives to boost bilateral cooperation in various sectors, including fintech, medicine, global cooperation and strategic advancement.</p>
<p>“The biggest foundation of those ties is mutual trust and mutual respect. And that mutual trust and mutual respect is not an outcome of diplomatic ties, but its biggest reason and strength is you, every single Indian living in Australia,” Modi told thousands of Indians settled in Australia, who gathered at the Qudos Bank Arena.</p>
<p>Also attending the event was Albanese, who lauded the healthy relationship between the two countries, several members of his cabinet and members of parliament.</p>
<p>"Our strong partnership with India will deliver benefits for Australia in trade, investment and business, and regional security and stability. This is a relationship we need to invest in,” the Australian prime minister said.</p>
<p>The Indian prime minister also told the audience that he saw Australia and India as long-term allies and expected trade between the two countries to double in the next five years.</p>
<p>Both heads of government are set to meet again in New Delhi, India this September 2023 for the G20 Leaders’ Summit.</p>',
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'content' => '<p>The pandemic and wage stagnation have led to a decrease in the number of local and international students in Japanese schools. Nevertheless, the government has made a commitment to intensify its efforts to increase the number of students enrolled in and out of the country.</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%204-EDITED-Japan_to_Lure_International_Students.jpeg" alt="" />
<figcaption class="image-caption">The Japanese government will roll out new measures aimed at attracting more international students.</figcaption>
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<p>Data from the Japan Student Services Organization show the number of international students went down from 279,597 in 2019 to 242,440 in 2020.</p>
<p>To address the decline in student exchange resulting from COVID-19, the Japanese government introduced a program called "Direction of Global Policy Based on Higher Education: Toward the Recovery of Student Exchange" in July of last year. Its primary objective is to revitalize student exchange by attracting more international students and supporting Japanese students who want to study abroad.</p>
<p>The government has implemented multiple strategies to welcome international students, with the ultimate goal of fostering strong connections between Japan and their respective home countries.</p>
<p>Amid the government’s determined efforts, many are hopeful. Although Japan faces a daunting task, there is a widespread belief that these initiatives will encourage a fresh generation of youth to broaden their horizons and perspectives. While many young people have expressed a reluctance to study abroad, the government stressed that success cannot be achieved if they remain too close to home all their lives.</p>',
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'description' => 'Located in Saitama prefecture, Surugadai University was founded in 1987 on the cornerstone of "caring education." According to the school, "True education cannot be achieved without love for each student, love for comrades, and love for the journey of self-discovery."',
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'content' => '<p>Located in Saitama prefecture, Surugadai University was founded in 1987 on the cornerstone of “caring education.” According to the school, “True education cannot be achieved without love for each student, love for comrades, and love for the journey of self-discovery.”</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%204-EDITED-Surugadai%20University-Kazuhiro_Ohmori.jpg" alt="" />
<figcaption class="image-caption">Surugadai University President Kazuhiro Omori</figcaption>
</figure>
<p>GMI POST met with Surugadai President Kazuhiro Omori and Vice President Changmyeong Park to find out how the university has grown over the last 36 years.</p>
<p>“We work on the philosophy that respects the dream and the individuality of each student and work together with them,” Omori explained.</p>
<p>Surugadai University provides its 4,200 students the chance to study abroad as well as welcome those students who want to study in Japan, recognizing the many benefits of an overseas education.</p>
<p>“Surugadai University has two programs for foreign students. One is long term, which lasts between six months to one year, while the short term program is about a month. For Japanese students going abroad for the long-term program, the university pays for their tuition fee and airfare. We also provide them with a scholarship,” he added.</p>
<p>While the number of international students went down during the pandemic, the university wants to expand its study abroad programs in the future.</p>
<p>“We are trying to increase the number of places our students can go. Although we are a relatively small university, we do have many partner universities in the U.S., the UK, Philippines, France, China, and Korea. We’re also working with another school in Taiwan. We also want to increase the number of foreign students that come to the university by offering our programs at a low cost,” Omori said about its other plans for internationalization.</p>
<p>Surugadai University strives to facilitate a seamless transition and provide an authentic global education experience by fostering interaction between foreign students and the local community, encouraging participation in festivals and cultural events. By doing so, it hopes to enhance students' understanding of the local culture and enable them to maximize their overall experience.</p>',
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'id' => '545452',
'title' => 'The benefits of studying in Japan',
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'description' => 'With its enticing blend of language, culture and cuisine, Japan has become a popular choice for many students pursuing their studies abroad. Beyond its unique charm, the country offers a safe environment, efficient public services and affordable tuition rates. ',
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'content' => '<p>With its enticing blend of language, culture and cuisine, Japan has become a popular choice for many students pursuing their studies abroad. Beyond its unique charm, the country offers a safe environment, efficient public services and affordable tuition rates.</p>
<p>As borders around the world reopened some two years after the start of the COVID-19 pandemic, GMI POST asks: Why does Japan beat the other countries available to international students?</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%204-EDITED-Benefits_of_Studying_in_Japan.jpg" alt="" />
<figcaption class="image-caption">Japan offers a variety of benefits to students considering an education in the country.</figcaption>
</figure>
<p>Here are some reasons that a students consider:</p>
<p><strong>1. The beautiful culture</strong></p>
<p>Japan has fascinated millions by its ability to meld innovative technology with its rich cultural heritage. Students have the opportunity to fully immerse themselves in this unique environment, gaining firsthand knowledge of Japanese customs and traditions in their everyday lives.</p>
<p><strong>2. Quality education system</strong></p>
<p>Japan boasts of over 800 national, private, and public universities renowned for their popular specializations that translate into successful careers.</p>
<p>With its strong emphasis on Science, Technology, Engineering, and Math (STEM), Japan’s educational institutions have given the world cutting-edge technology and life-changing products. The country would not have risen from the ashes and emerged an global economic power had it not been for its world-class educational system.</p>
<p><strong>3. Affordable tuition fees</strong></p>
<p>Japan offers remarkably affordable tuition rates compared to other developed nations. Students need to only pay an annual fee ranging from $5,000 to $10,000 to obtain a degree, a significantly lower cost than what one would find in countries such as the UK or the U.S.</p>
<p><strong>4. Access to other money-making opportunities</strong></p>
<p>Japan is home to many major global brands, and this means that there is a high demand for English speakers. Students have access to fantastic job options that allows them to earn extra pocket money while they study.</p>',
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'description' => 'Located in the center of the city, TENOHA MILANO is the only Japanese-inspired place that has a restaurant, café, ramen bar, co-working area, and concept store under one roof. ',
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'content' => '<p>Located in the center of the city, TENOHA MILANO is the only Japanese-inspired place that has a restaurant, café, ramen bar, co-working area, and concept store under one roof. The space is a blend of Japanese minimalism and an Italian aesthetic to create, in the owner’s words, a place where “the two distinct souls live side by side in a radically original environment.”</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Italy%202023/2023-JT-Italy-Tenoha-Milano-Oki-Sato-CEO.jpg" alt="" />
<figcaption class="image-caption">Tenoha Milano CEO Hiroshi Sato</figcaption>
</figure>
<p>The company behind the project, Sayu S.p.A., founded by CEO Hiroshi Sato, has grown into an importer and exporter of food products from both Italy and Japan over the past 23 years.</p>
<p>“We were only importing Italian products to Japan. We then wanted to bring Japanese culture to Italy when we saw that the Japanese pavilion was very popular at the World Expo 2015 in Milan. That was when we knew that we should doing something that catered to both ways.”</p>
<p>Then, the pandemic got in the way. But in the past two years, Sayu has seen business grow again and performance improve.</p>
<p>Optimistic about its future in Milan, TENOHA MILANO hopes to bring the concept around the world, where the store can become a bridge between Japan and other different cultures.</p>
<p><a href="https://www.tenoha.it" target="_blank" rel="noopener"><strong><em>https://www.tenoha.it</em></strong></a></p>
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<figcaption class="image-caption"></figcaption>
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'title' => 'Avio Aero: A global company with an Italian heart',
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'description' => 'A true pioneer in Italy's aviation history, Turin-based Avio Aero helped in making the first aircraft engine in the country in 1908. Then, in 1915, then known as the Italian Aviation Company, a division of carmaker Fiat, it designed and built Italy's first complete aircraft to help in the country's military effort during the First World War.',
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'content' => '<p>A true pioneer in Italy’s aviation history, Turin-based Avio Aero helped in making the first aircraft engine in the country in 1908. Then, in 1915, then known as the Italian Aviation Company, a division of carmaker Fiat, it designed and built Italy’s first complete aircraft to help in the country’s military effort during the First World War.</p>
<p>“This is a business built on big competencies. Sometimes, we share programs and collaborate. Another key characteristic of the company is that we have a true European heart with strong European and Italian roots,” said Pierfederico Scarpa, Avia Aero’s vice president for strategy, marketing and sales.</p>
<p>More than a century later, Avia Aero, now owned by GE Aeropsace, develops commercial and military aviation technology and systems mostly for customers outside Italy and Europe. While its workforce remains mainly Italian (80%), the company set up manufacturing and R&D facilities in Poland and the Czech Republic.</p>
<p>“Right now, we are working on a lot of our core products and technologies, such as transmission systems, low pressure turbines, and combustors. We also develop technologies while developing people and relationships, both nationally and internationally,” Scarpa said.</p>
<p>The company also plays a critical role in the military-industrial complex. Its engineers have and their expertise in the latest technological advancements have played factors in its recent involvement in the Global Combat Air Program (GCAP).</p>
<p>“Last year, Airbus Defense and SpaceX selected our propulsion system for the military variant of the Eurodrone, an unmanned aerial system designed for flight in non-segregated airspace,” Scarpa said.</p>
<p>The company first developed technology for the military around 50 years ago in cooperation with several international companies. It first built a power plant to cater to the needs of the aerospace sector before it went on to create the propulsion system for the Eurofighter.</p>
<p>On its global ties, Avia Aero has grown very close with Japanese, which Scarpa believes serves as a huge recognition of its capabilities, experience, products and its people.</p>
<p>“We still have a mountain to climb but we have been keeping our eyes on the military space. That is constantly evolving. That’s why we will also keep on investing on innovation and technologies because we’ll be here to deliver,” Scarpa said.</p>
<p><a href="http://www.avioaero.com" target="_blank" rel="noopener"><strong><em>www.avioaero.com</em></strong></a></p>',
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'description' => 'Japanese Prime Minister Fumio Kishida hopes to attract a total of 400,000 international students over the next 10 years as part of the economic recovery strategy that aims to increase more visitors to the country following the ill effects of the pandemic. ',
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'content' => '<p>Japanese Prime Minister Fumio Kishida hopes to attract a total of 400,000 international students over the next 10 years as part of the economic recovery strategy that aims to increase more visitors to the country following the ill effects of the pandemic.</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-3-EDIT-PM-Fumio-Kishida.jpg" alt="" />
<figcaption class="image-caption">Japanese Prime Minister Fumio Kishida</figcaption>
</figure>
<p>The prime minister recognizes that amid fierce global competition, Japan must accept more skilled workers and international students from different countries if it wants to strengthen economic growth.</p>
<p>Aside from attracting thousands of international students in the next decade, the government also wants to have a total of 500,000 of their very own students studying abroad. The plan was shared during a meeting of the Council for the Creation of Future Education.</p>
<p>Back in 2018, Japan’s Ministry of Education aimed to take in about 300,000 international students by 2020. It achieved its goal a year early as the country hosted a total of 312,214.</p>
<p>Unfortunately, that number dropped during the pandemic because of strict travel restrictions.</p>
<p>In 2021, a survey showed that there were only 242,444 foreign students living in Japan, most of them from China, Vietnam, Nepal, Korea, Indonesia, Taiwan, Myanmar and Bangladesh.</p>
<p>“Japan will relax border control measures to be on par with the U.S.,” said Kishida, who added that the influx of international students was returning to pre-pandemic levels.</p>',
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'title' => 'Japan to extend legal stay for foreigners to boost economy',
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'description' => 'Japanese Prime Minister Fumio Kishida wants to assist job-hunting foreign students in Japan by allowing them to stay up to two years from the current 90-day stay rule.',
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'content' => '<p>Japanese Prime Minister Fumio Kishida wants to assist job-hunting foreign students in Japan by allowing them to stay up to two years from the current 90-day stay rule.</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-3-EDIT-Japan-to-look-into-longer-stays-(BT).jpg" alt="" />
<figcaption class="image-caption">The government will soon make it easier for graduates of elite Japanese and international universities to find work and live in Japan.</figcaption>
</figure>
<p>The new rule will allow a growing number of talented foreign students to work in Japan after their graduation, raise the quality of the workforce, and contribute to the country’s economy. It will also allow graduates from elite overseas universities to seek employment in Japan.</p>
<p>One of the stipulations of the new rule states that graduates must come from schools that are in the two rankings of the top 100 universities recognized by the British and Chinese organizations. If they qualify, the families of graduates will also be allowed to live in Japan.</p>
<p>Another proposal is to ease the residency criteria for professionals, currently classified as either researchers, engineers, or business managers. Under the proposal, researchers and engineers will qualify as residents as long as they have a postgraduate degree and earn at least 20 million yen per year; or have worked for at least 10 years and earn at least 20 million yen per year.</p>
<p>As for business managers, they would need to have a work experience of at least five years and a salary of at least 40 million yen per year.</p>
<p>With the new guidelines, skilled workers can also gain permanent resident status in just one year, instead of three years. The new rules have received a lot of support from various cabinet ministers.</p>',
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'title' => 'Kobe College Foundation: Empowering women through faith and education',
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'content' => '<p>Established in 1875, Kobe College Foundation, an all-women’s university located in Japan’s Hyogo prefecture, has been successful in establishing a global brand when it comes to quality learning. Founded by two missionaries, Eliza Talcott and Julia Dudley, its core objective is to communicate the Christian spirit of forgiveness, mutual acceptance, and support as reflected in its motto: “Love Thy God, Love Thy Neighbor.”</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-3-EDIT-Kobe-College-Foundation-(BT)-Ken-Ii.jpg" alt="" />
<figcaption class="image-caption">Kobe College Chancellor Dr. Ken Ii</figcaption>
</figure>
<p>The Okadayama campus, completed in 1933, was designed by architect William Merrell Vories, who not only supervised every design detail but also encouraged students to participate in the planning of the campus in order to promote student-motivated learning.</p>
<p>Kobe College, across all its campuses, has partnered with several universities in Asia, as well as with notable institutions in the United States.</p>
<p>“Right now, we only have online programs with our partner schools. We also have guest professors who stay in our college for one year. We have a support group in the United States and an alumni society. They send us these guest professors through the Japan Education Exchange system,” Chancellor Dr. Ken Ii told GMI POST, sharing his plans to improve international reach after the pandemic.</p>
<p>“We now have an English department. And next year, our new course will start with the Department of Global Studies. The students will study international partnerships and so on. In this new course, the students can get a BA degree,” he added.</p>
<p>Dr. Ii wants to provide an international mindset for their students. He believes that growth comes when they see a new landscape and visit another country.</p>
<p>As for those who are interested in learning Japanese culture, he said, “If they want to learn more about Japanese culture, come to Japan. I would love to make more people understand and love my culture. In fact, I’m now preparing my campus and curriculum for this.” </p>',
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'title' => 'Hyundai Motor announces $2.45 billion electric vehicle investment in India',
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'description' => 'Hyundai Motor Co. announced it will invest $2.45 billion in the Indian state of Tamil Nadu over the next decade to boost the production of its electric vehicles through its local subsidiary, Hyundai Motor India, according to a statement on the company website.',
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'content' => '<p>Hyundai Motor Co. announced it will invest $2.45 billion in the Indian state of Tamil Nadu over the next decade to boost the production of its electric vehicles through its local subsidiary, Hyundai Motor India, according to a statement on the company website.</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-INDIA-NL-WK-3-EDIT-Hyundai-Motor-(BT).jpg" alt="" />
<figcaption class="image-caption">Hyundai Motor India Managing Director Unsoo Kim (3th from right) with Chief Minister of Tamil Nadu Muthuvel Karunanidhi Stalin and Vishnu Venugopalan, Managing Director and CEO of Guidance Tamil Nadu, at the announcement of Hyundai's entry into the Indian state.</figcaption>
</figure>
<p>South Korea’s largest carmaker also said it planned to build a state-of-the-art battery assembly factory with an annual capacity of 178,000 units and install 100 EV charging stations across Tamil Nadu in the next five years.</p>
<p>“The long-term investment will help enhance our manufacturing capability and also increase the production volume at our plant in Sriperumbudur, enabling us to make the best electric and ICE (internal combustion engine) vehicles in Tamil Nadu for the rest of the world,” Hyundai Motor India Managing Director Unsoo Kim said in a press conference.</p>
<p>Also present during the event was Chief Minister of Tamil Nadu Muthuvel Karunanidhi Stalin and Vishnu Venugopalan, Managing Director and CEO of Guidance Tamil Nadu, the state’s main investment promotion agency.</p>
<p>Tamil Nadu, a global hub for automobile manufacturing, produces millions of vehicles every year and is India’s leading investment destination for EV makers.</p>
<p>According to Indian Finance Minister Palanivel Thiaga Rajan, 46% of two-wheeler EVs sold in the country last year were manufactured in Tamil Nadu. The state has its own electric vehicle policy, which provides EV manufacturers and charging stations with various incentives, including tax holidays and capital subsidies.</p>
<p>Aside from Hyundai Motor India, other EV manufacturers in Tamil Nadu include Nissan, Renault and local players Tata Motors and Mahindra & Mahindra.</p>',
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'id' => '545445',
'title' => 'Amazon Web Services to invest an additional $12 billion in India',
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'description' => 'Amazon's cloud computing unit, Amazon Web Services (AWS), made public its plans to invest an additional $12.7 billion in India by 2030, the company announced in a statement in May.',
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'content' => '<p>Amazon’s cloud computing unit, Amazon Web Services (AWS), made public its plans to invest an additional $12.7 billion in India by 2030, the company announced in a statement in May.</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-INDIA-NL-WK-3-EDIT-Amazon-Web-Services-(BT).jpg" alt="" />
<figcaption class="image-caption">Puneet Chandok, AWS India's president of commercial business</figcaption>
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<p>Dubbed the world's most comprehensive and broadly-adopted cloud, AWS said this long-term investment will be used to build its cloud infrastructure in India and support over 1 million full-time jobs annually. AWS has already invested $3.7 billion in India from 2016 to 2022. With this new commitment, AWS’ total investment in the worlds’ most populous country will be US $16.4 billion.</p>
<p>“Since 2016, AWS has invested billions of dollars into cloud infrastructure in India to support the tremendous growth we have witnessed in the use of cloud for digital transformation,” Puneet Chandok, AWS India’s president of commercial business said.</p>
<p>The AWS Cloud covers 99 availability zones within 31 geographic regions around the world. The company also announced plans to add 15 more availability zones and five more AWS regions in Canada, Israel, Malaysia, New Zealand and Thailand. AWS currently runs two data centers in India, one in Mumbai and another in Hyderabad.</p>
<p>Aside from AWS, other big tech companies, such as Microsoft and Apple, have also recently expanded their presence in India and announced plans to open additional data centers and factories in the region.</p>',
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'content' => '<p>Cipla, India's third-largest drugmaker by sales, recently reported a net profit of around $63.6 million, a 45.2% increase in consolidated net profit from the same period last 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/FA-2023-INDIA-NL-WK-3-EDIT-Company-spotlight-Cipla-(BT).jpg" alt="" />
<figcaption class="image-caption">Cipla Managing Director and Global CEO Umang Vohra</figcaption>
</figure>
<p>The Indian multinational pharmaceutical manufacturer, through its company website, also said it gained a revenue of $1 million from operations for the quarter ending March 2023, a 9% year-on-year growth.</p>
<p>“I am pleased to share that we continue to make significant progress across our focused markets. We are excited for the upcoming year, wherein we look forward to deepening our leadership in branded markets and expanding our differentiated pipeline in the U.S.," said Cipla Managing Director and Global CEO Umang Vohra.</p>
<p>Vohra also said Cipla’s growth was driven by the company’s strong performance in its key domestic and North American markets, adding that compared to last year, revenue from its pharmaceutical business in India rose 3.5%, while revenue from North America surged 39%.</p>
<p>"Cipla is driven by this beautiful creed of caring for life. We are all about making sure that people have healthier lives,” Vohra added.</p>
<p>Currently, Cipla has 1,500+ products across various therapeutic categories across 80+ countries.</p>',
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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>
</figure>
<p>Founded in 2018, ZeroAvia describes itself as “a team of passionate innovators dedicated to bringing safe, zero-emission flight to aviation.” The company claims its hydrogen-electric propulsion systems are “the most environmentally friendly and economically attractive solution to aviation’s growing climate change impact.”</p>
<p>According to ZeroAvia, its hydrogen-electric engines cut more than 90% of harmful emissions, lower operating costs by more than 40%, improve air quality and reduce noise pollution in airport communities.</p>
<p>Under the deal, ITOCHU will serve as ZeroAvia's distributor in Asia, marking its first investment in a developer of hydrogen engines for aircraft and a further expansion into the aviation industry. ITOCHU is part of Japan Aerospace, which is involved in aircraft sales, and of JAMCO, which manufactures materials for aircraft interiors.</p>
<p>According to ITOCHU, this recent investment is part of the company’s long-term goal of helping save the planet by decarbonizing the aviation industry.</p>',
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'content' => '<p>For the third time in the last five years,<strong> Virginia</strong> was ranked America’s Top State for Business in 2024 by CNBC, which cited the state for having the best public schools in the country. It grabbed the top spot in 2007, 2009, 2011, 2019, and 2021.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-13-Virginia.jpg" alt="" />
<figcaption class="image-caption">Fairfax County Economic Development Authority President and CEO Victor Hoskins (Photo source: Fairfax County Economic Development Authority)</figcaption>
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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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<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-13-FANUC.jpg" alt="" />
<figcaption class="image-caption">Michigan Gov. Gretchen Whitmer (center) with senior officers of FANUC America at its West Campus. (Photo source: FANUC America)</figcaption>
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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>
<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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'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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<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>
</figure>
<p>According to the NUH, the center will use a code system to reduce the time between admission to the emergency department and the transfer to an operating theatre. Code Trauma involves the mobilization of all essential staff, including emergency physicians, nurses, surgeons, and anesthesiologists, to accelerate decision-making and response for patients with polytrauma or multiple injuries.</p>
<p>“The National University Centre for Trauma represents decades of efforts in refining our trauma care expertise for our injured patients to return to their lives and achieve their dreams. It also aims to prevent trauma from occurring in the first place with data-driven injury prevention efforts,” said <strong>National University Centre for Trauma Director Raj Menon.</strong></p>
<p>In line with this, the hospital has rolled out a multi-disciplinary clinic that provides services for recovering trauma patients and conducts meetings to enhance care, rehabilitation, and psychosocial recovery pathways.</p>
<p>Today, NUH has over 1,200 beds and serves more than 1 million patients a year with over 50 medical, surgical, and dental specialties. NUH is the only public and not-for-profit hospital in Singapore that provides care for adults, women and children under one roof, including the country’s only pediatric kidney and liver transplant program.</p>',
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'content' => '<p>A true pioneer in Italy’s aviation history, Turin-based Avio Aero helped in making the first aircraft engine in the country in 1908. Then, in 1915, then known as the Italian Aviation Company, a division of carmaker Fiat, it designed and built Italy’s first complete aircraft to help in the country’s military effort during the First World War.</p>
<p>“This is a business built on big competencies. Sometimes, we share programs and collaborate. Another key characteristic of the company is that we have a true European heart with strong European and Italian roots,” said Pierfederico Scarpa, Avia Aero’s vice president for strategy, marketing and sales.</p>
<p>More than a century later, Avia Aero, now owned by GE Aeropsace, develops commercial and military aviation technology and systems mostly for customers outside Italy and Europe. While its workforce remains mainly Italian (80%), the company set up manufacturing and R&D facilities in Poland and the Czech Republic.</p>
<p>“Right now, we are working on a lot of our core products and technologies, such as transmission systems, low pressure turbines, and combustors. We also develop technologies while developing people and relationships, both nationally and internationally,” Scarpa said.</p>
<p>The company also plays a critical role in the military-industrial complex. Its engineers have and their expertise in the latest technological advancements have played factors in its recent involvement in the Global Combat Air Program (GCAP).</p>
<p>“Last year, Airbus Defense and SpaceX selected our propulsion system for the military variant of the Eurodrone, an unmanned aerial system designed for flight in non-segregated airspace,” Scarpa said.</p>
<p>The company first developed technology for the military around 50 years ago in cooperation with several international companies. It first built a power plant to cater to the needs of the aerospace sector before it went on to create the propulsion system for the Eurofighter.</p>
<p>On its global ties, Avia Aero has grown very close with Japanese, which Scarpa believes serves as a huge recognition of its capabilities, experience, products and its people.</p>
<p>“We still have a mountain to climb but we have been keeping our eyes on the military space. That is constantly evolving. That’s why we will also keep on investing on innovation and technologies because we’ll be here to deliver,” Scarpa said.</p>
<p><a href="http://www.avioaero.com" target="_blank" rel="noopener"><strong><em>www.avioaero.com</em></strong></a></p>',
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<p>Data from the Japan Student Services Organization show the number of international students went down from 279,597 in 2019 to 242,440 in 2020.</p>
<p>To address the decline in student exchange resulting from COVID-19, the Japanese government introduced a program called "Direction of Global Policy Based on Higher Education: Toward the Recovery of Student Exchange" in July of last year. Its primary objective is to revitalize student exchange by attracting more international students and supporting Japanese students who want to study abroad.</p>
<p>The government has implemented multiple strategies to welcome international students, with the ultimate goal of fostering strong connections between Japan and their respective home countries.</p>
<p>Amid the government’s determined efforts, many are hopeful. Although Japan faces a daunting task, there is a widespread belief that these initiatives will encourage a fresh generation of youth to broaden their horizons and perspectives. While many young people have expressed a reluctance to study abroad, the government stressed that success cannot be achieved if they remain too close to home all their lives.</p>',
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'id' => '545451',
'title' => 'Surugadai University: Where love for education runs deep',
'description_old' => null,
'description' => 'Located in Saitama prefecture, Surugadai University was founded in 1987 on the cornerstone of "caring education." According to the school, "True education cannot be achieved without love for each student, love for comrades, and love for the journey of self-discovery."',
'credit_id' => '48',
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'content' => '<p>Located in Saitama prefecture, Surugadai University was founded in 1987 on the cornerstone of “caring education.” According to the school, “True education cannot be achieved without love for each student, love for comrades, and love for the journey of self-discovery.”</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%204-EDITED-Surugadai%20University-Kazuhiro_Ohmori.jpg" alt="" />
<figcaption class="image-caption">Surugadai University President Kazuhiro Omori</figcaption>
</figure>
<p>GMI POST met with Surugadai President Kazuhiro Omori and Vice President Changmyeong Park to find out how the university has grown over the last 36 years.</p>
<p>“We work on the philosophy that respects the dream and the individuality of each student and work together with them,” Omori explained.</p>
<p>Surugadai University provides its 4,200 students the chance to study abroad as well as welcome those students who want to study in Japan, recognizing the many benefits of an overseas education.</p>
<p>“Surugadai University has two programs for foreign students. One is long term, which lasts between six months to one year, while the short term program is about a month. For Japanese students going abroad for the long-term program, the university pays for their tuition fee and airfare. We also provide them with a scholarship,” he added.</p>
<p>While the number of international students went down during the pandemic, the university wants to expand its study abroad programs in the future.</p>
<p>“We are trying to increase the number of places our students can go. Although we are a relatively small university, we do have many partner universities in the U.S., the UK, Philippines, France, China, and Korea. We’re also working with another school in Taiwan. We also want to increase the number of foreign students that come to the university by offering our programs at a low cost,” Omori said about its other plans for internationalization.</p>
<p>Surugadai University strives to facilitate a seamless transition and provide an authentic global education experience by fostering interaction between foreign students and the local community, encouraging participation in festivals and cultural events. By doing so, it hopes to enhance students' understanding of the local culture and enable them to maximize their overall experience.</p>',
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'id' => '545452',
'title' => 'The benefits of studying in Japan',
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'description' => 'With its enticing blend of language, culture and cuisine, Japan has become a popular choice for many students pursuing their studies abroad. Beyond its unique charm, the country offers a safe environment, efficient public services and affordable tuition rates. ',
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'content' => '<p>With its enticing blend of language, culture and cuisine, Japan has become a popular choice for many students pursuing their studies abroad. Beyond its unique charm, the country offers a safe environment, efficient public services and affordable tuition rates.</p>
<p>As borders around the world reopened some two years after the start of the COVID-19 pandemic, GMI POST asks: Why does Japan beat the other countries available to international students?</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%204-EDITED-Benefits_of_Studying_in_Japan.jpg" alt="" />
<figcaption class="image-caption">Japan offers a variety of benefits to students considering an education in the country.</figcaption>
</figure>
<p>Here are some reasons that a students consider:</p>
<p><strong>1. The beautiful culture</strong></p>
<p>Japan has fascinated millions by its ability to meld innovative technology with its rich cultural heritage. Students have the opportunity to fully immerse themselves in this unique environment, gaining firsthand knowledge of Japanese customs and traditions in their everyday lives.</p>
<p><strong>2. Quality education system</strong></p>
<p>Japan boasts of over 800 national, private, and public universities renowned for their popular specializations that translate into successful careers.</p>
<p>With its strong emphasis on Science, Technology, Engineering, and Math (STEM), Japan’s educational institutions have given the world cutting-edge technology and life-changing products. The country would not have risen from the ashes and emerged an global economic power had it not been for its world-class educational system.</p>
<p><strong>3. Affordable tuition fees</strong></p>
<p>Japan offers remarkably affordable tuition rates compared to other developed nations. Students need to only pay an annual fee ranging from $5,000 to $10,000 to obtain a degree, a significantly lower cost than what one would find in countries such as the UK or the U.S.</p>
<p><strong>4. Access to other money-making opportunities</strong></p>
<p>Japan is home to many major global brands, and this means that there is a high demand for English speakers. Students have access to fantastic job options that allows them to earn extra pocket money while they study.</p>',
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'title' => 'Tenoha Milano: A slice of Japanese life in Milan',
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'description' => 'Located in the center of the city, TENOHA MILANO is the only Japanese-inspired place that has a restaurant, café, ramen bar, co-working area, and concept store under one roof. ',
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'content' => '<p>Located in the center of the city, TENOHA MILANO is the only Japanese-inspired place that has a restaurant, café, ramen bar, co-working area, and concept store under one roof. The space is a blend of Japanese minimalism and an Italian aesthetic to create, in the owner’s words, a place where “the two distinct souls live side by side in a radically original environment.”</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Italy%202023/2023-JT-Italy-Tenoha-Milano-Oki-Sato-CEO.jpg" alt="" />
<figcaption class="image-caption">Tenoha Milano CEO Hiroshi Sato</figcaption>
</figure>
<p>The company behind the project, Sayu S.p.A., founded by CEO Hiroshi Sato, has grown into an importer and exporter of food products from both Italy and Japan over the past 23 years.</p>
<p>“We were only importing Italian products to Japan. We then wanted to bring Japanese culture to Italy when we saw that the Japanese pavilion was very popular at the World Expo 2015 in Milan. That was when we knew that we should doing something that catered to both ways.”</p>
<p>Then, the pandemic got in the way. But in the past two years, Sayu has seen business grow again and performance improve.</p>
<p>Optimistic about its future in Milan, TENOHA MILANO hopes to bring the concept around the world, where the store can become a bridge between Japan and other different cultures.</p>
<p><a href="https://www.tenoha.it" target="_blank" rel="noopener"><strong><em>https://www.tenoha.it</em></strong></a></p>
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<figcaption class="image-caption"></figcaption>
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'id' => '545463',
'title' => 'Avio Aero: A global company with an Italian heart',
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'description' => 'A true pioneer in Italy's aviation history, Turin-based Avio Aero helped in making the first aircraft engine in the country in 1908. Then, in 1915, then known as the Italian Aviation Company, a division of carmaker Fiat, it designed and built Italy's first complete aircraft to help in the country's military effort during the First World War.',
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'content' => '<p>A true pioneer in Italy’s aviation history, Turin-based Avio Aero helped in making the first aircraft engine in the country in 1908. Then, in 1915, then known as the Italian Aviation Company, a division of carmaker Fiat, it designed and built Italy’s first complete aircraft to help in the country’s military effort during the First World War.</p>
<p>“This is a business built on big competencies. Sometimes, we share programs and collaborate. Another key characteristic of the company is that we have a true European heart with strong European and Italian roots,” said Pierfederico Scarpa, Avia Aero’s vice president for strategy, marketing and sales.</p>
<p>More than a century later, Avia Aero, now owned by GE Aeropsace, develops commercial and military aviation technology and systems mostly for customers outside Italy and Europe. While its workforce remains mainly Italian (80%), the company set up manufacturing and R&D facilities in Poland and the Czech Republic.</p>
<p>“Right now, we are working on a lot of our core products and technologies, such as transmission systems, low pressure turbines, and combustors. We also develop technologies while developing people and relationships, both nationally and internationally,” Scarpa said.</p>
<p>The company also plays a critical role in the military-industrial complex. Its engineers have and their expertise in the latest technological advancements have played factors in its recent involvement in the Global Combat Air Program (GCAP).</p>
<p>“Last year, Airbus Defense and SpaceX selected our propulsion system for the military variant of the Eurodrone, an unmanned aerial system designed for flight in non-segregated airspace,” Scarpa said.</p>
<p>The company first developed technology for the military around 50 years ago in cooperation with several international companies. It first built a power plant to cater to the needs of the aerospace sector before it went on to create the propulsion system for the Eurofighter.</p>
<p>On its global ties, Avia Aero has grown very close with Japanese, which Scarpa believes serves as a huge recognition of its capabilities, experience, products and its people.</p>
<p>“We still have a mountain to climb but we have been keeping our eyes on the military space. That is constantly evolving. That’s why we will also keep on investing on innovation and technologies because we’ll be here to deliver,” Scarpa said.</p>
<p><a href="http://www.avioaero.com" target="_blank" rel="noopener"><strong><em>www.avioaero.com</em></strong></a></p>',
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'id' => '545441',
'title' => 'Prime Minister hopes to welcome 400,000 international students by 2033',
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'description' => 'Japanese Prime Minister Fumio Kishida hopes to attract a total of 400,000 international students over the next 10 years as part of the economic recovery strategy that aims to increase more visitors to the country following the ill effects of the pandemic. ',
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'content' => '<p>Japanese Prime Minister Fumio Kishida hopes to attract a total of 400,000 international students over the next 10 years as part of the economic recovery strategy that aims to increase more visitors to the country following the ill effects of the pandemic.</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-3-EDIT-PM-Fumio-Kishida.jpg" alt="" />
<figcaption class="image-caption">Japanese Prime Minister Fumio Kishida</figcaption>
</figure>
<p>The prime minister recognizes that amid fierce global competition, Japan must accept more skilled workers and international students from different countries if it wants to strengthen economic growth.</p>
<p>Aside from attracting thousands of international students in the next decade, the government also wants to have a total of 500,000 of their very own students studying abroad. The plan was shared during a meeting of the Council for the Creation of Future Education.</p>
<p>Back in 2018, Japan’s Ministry of Education aimed to take in about 300,000 international students by 2020. It achieved its goal a year early as the country hosted a total of 312,214.</p>
<p>Unfortunately, that number dropped during the pandemic because of strict travel restrictions.</p>
<p>In 2021, a survey showed that there were only 242,444 foreign students living in Japan, most of them from China, Vietnam, Nepal, Korea, Indonesia, Taiwan, Myanmar and Bangladesh.</p>
<p>“Japan will relax border control measures to be on par with the U.S.,” said Kishida, who added that the influx of international students was returning to pre-pandemic levels.</p>',
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'id' => '545442',
'title' => 'Japan to extend legal stay for foreigners to boost economy',
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'description' => 'Japanese Prime Minister Fumio Kishida wants to assist job-hunting foreign students in Japan by allowing them to stay up to two years from the current 90-day stay rule.',
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'content' => '<p>Japanese Prime Minister Fumio Kishida wants to assist job-hunting foreign students in Japan by allowing them to stay up to two years from the current 90-day stay rule.</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-3-EDIT-Japan-to-look-into-longer-stays-(BT).jpg" alt="" />
<figcaption class="image-caption">The government will soon make it easier for graduates of elite Japanese and international universities to find work and live in Japan.</figcaption>
</figure>
<p>The new rule will allow a growing number of talented foreign students to work in Japan after their graduation, raise the quality of the workforce, and contribute to the country’s economy. It will also allow graduates from elite overseas universities to seek employment in Japan.</p>
<p>One of the stipulations of the new rule states that graduates must come from schools that are in the two rankings of the top 100 universities recognized by the British and Chinese organizations. If they qualify, the families of graduates will also be allowed to live in Japan.</p>
<p>Another proposal is to ease the residency criteria for professionals, currently classified as either researchers, engineers, or business managers. Under the proposal, researchers and engineers will qualify as residents as long as they have a postgraduate degree and earn at least 20 million yen per year; or have worked for at least 10 years and earn at least 20 million yen per year.</p>
<p>As for business managers, they would need to have a work experience of at least five years and a salary of at least 40 million yen per year.</p>
<p>With the new guidelines, skilled workers can also gain permanent resident status in just one year, instead of three years. The new rules have received a lot of support from various cabinet ministers.</p>',
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'content' => '<p>Established in 1875, Kobe College Foundation, an all-women’s university located in Japan’s Hyogo prefecture, has been successful in establishing a global brand when it comes to quality learning. Founded by two missionaries, Eliza Talcott and Julia Dudley, its core objective is to communicate the Christian spirit of forgiveness, mutual acceptance, and support as reflected in its motto: “Love Thy God, Love Thy Neighbor.”</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-3-EDIT-Kobe-College-Foundation-(BT)-Ken-Ii.jpg" alt="" />
<figcaption class="image-caption">Kobe College Chancellor Dr. Ken Ii</figcaption>
</figure>
<p>The Okadayama campus, completed in 1933, was designed by architect William Merrell Vories, who not only supervised every design detail but also encouraged students to participate in the planning of the campus in order to promote student-motivated learning.</p>
<p>Kobe College, across all its campuses, has partnered with several universities in Asia, as well as with notable institutions in the United States.</p>
<p>“Right now, we only have online programs with our partner schools. We also have guest professors who stay in our college for one year. We have a support group in the United States and an alumni society. They send us these guest professors through the Japan Education Exchange system,” Chancellor Dr. Ken Ii told GMI POST, sharing his plans to improve international reach after the pandemic.</p>
<p>“We now have an English department. And next year, our new course will start with the Department of Global Studies. The students will study international partnerships and so on. In this new course, the students can get a BA degree,” he added.</p>
<p>Dr. Ii wants to provide an international mindset for their students. He believes that growth comes when they see a new landscape and visit another country.</p>
<p>As for those who are interested in learning Japanese culture, he said, “If they want to learn more about Japanese culture, come to Japan. I would love to make more people understand and love my culture. In fact, I’m now preparing my campus and curriculum for this.” </p>',
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'title' => 'Hyundai Motor announces $2.45 billion electric vehicle investment in India',
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'description' => 'Hyundai Motor Co. announced it will invest $2.45 billion in the Indian state of Tamil Nadu over the next decade to boost the production of its electric vehicles through its local subsidiary, Hyundai Motor India, according to a statement on the company website.',
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'content' => '<p>Hyundai Motor Co. announced it will invest $2.45 billion in the Indian state of Tamil Nadu over the next decade to boost the production of its electric vehicles through its local subsidiary, Hyundai Motor India, according to a statement on the company website.</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-INDIA-NL-WK-3-EDIT-Hyundai-Motor-(BT).jpg" alt="" />
<figcaption class="image-caption">Hyundai Motor India Managing Director Unsoo Kim (3th from right) with Chief Minister of Tamil Nadu Muthuvel Karunanidhi Stalin and Vishnu Venugopalan, Managing Director and CEO of Guidance Tamil Nadu, at the announcement of Hyundai's entry into the Indian state.</figcaption>
</figure>
<p>South Korea’s largest carmaker also said it planned to build a state-of-the-art battery assembly factory with an annual capacity of 178,000 units and install 100 EV charging stations across Tamil Nadu in the next five years.</p>
<p>“The long-term investment will help enhance our manufacturing capability and also increase the production volume at our plant in Sriperumbudur, enabling us to make the best electric and ICE (internal combustion engine) vehicles in Tamil Nadu for the rest of the world,” Hyundai Motor India Managing Director Unsoo Kim said in a press conference.</p>
<p>Also present during the event was Chief Minister of Tamil Nadu Muthuvel Karunanidhi Stalin and Vishnu Venugopalan, Managing Director and CEO of Guidance Tamil Nadu, the state’s main investment promotion agency.</p>
<p>Tamil Nadu, a global hub for automobile manufacturing, produces millions of vehicles every year and is India’s leading investment destination for EV makers.</p>
<p>According to Indian Finance Minister Palanivel Thiaga Rajan, 46% of two-wheeler EVs sold in the country last year were manufactured in Tamil Nadu. The state has its own electric vehicle policy, which provides EV manufacturers and charging stations with various incentives, including tax holidays and capital subsidies.</p>
<p>Aside from Hyundai Motor India, other EV manufacturers in Tamil Nadu include Nissan, Renault and local players Tata Motors and Mahindra & Mahindra.</p>',
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'title' => 'Amazon Web Services to invest an additional $12 billion in India',
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'content' => '<p>Amazon’s cloud computing unit, Amazon Web Services (AWS), made public its plans to invest an additional $12.7 billion in India by 2030, the company announced in a statement in May.</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-INDIA-NL-WK-3-EDIT-Amazon-Web-Services-(BT).jpg" alt="" />
<figcaption class="image-caption">Puneet Chandok, AWS India's president of commercial business</figcaption>
</figure>
<p>Dubbed the world's most comprehensive and broadly-adopted cloud, AWS said this long-term investment will be used to build its cloud infrastructure in India and support over 1 million full-time jobs annually. AWS has already invested $3.7 billion in India from 2016 to 2022. With this new commitment, AWS’ total investment in the worlds’ most populous country will be US $16.4 billion.</p>
<p>“Since 2016, AWS has invested billions of dollars into cloud infrastructure in India to support the tremendous growth we have witnessed in the use of cloud for digital transformation,” Puneet Chandok, AWS India’s president of commercial business said.</p>
<p>The AWS Cloud covers 99 availability zones within 31 geographic regions around the world. The company also announced plans to add 15 more availability zones and five more AWS regions in Canada, Israel, Malaysia, New Zealand and Thailand. AWS currently runs two data centers in India, one in Mumbai and another in Hyderabad.</p>
<p>Aside from AWS, other big tech companies, such as Microsoft and Apple, have also recently expanded their presence in India and announced plans to open additional data centers and factories in the region.</p>',
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'content' => '<p>Cipla, India's third-largest drugmaker by sales, recently reported a net profit of around $63.6 million, a 45.2% increase in consolidated net profit from the same period last 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/FA-2023-INDIA-NL-WK-3-EDIT-Company-spotlight-Cipla-(BT).jpg" alt="" />
<figcaption class="image-caption">Cipla Managing Director and Global CEO Umang Vohra</figcaption>
</figure>
<p>The Indian multinational pharmaceutical manufacturer, through its company website, also said it gained a revenue of $1 million from operations for the quarter ending March 2023, a 9% year-on-year growth.</p>
<p>“I am pleased to share that we continue to make significant progress across our focused markets. We are excited for the upcoming year, wherein we look forward to deepening our leadership in branded markets and expanding our differentiated pipeline in the U.S.," said Cipla Managing Director and Global CEO Umang Vohra.</p>
<p>Vohra also said Cipla’s growth was driven by the company’s strong performance in its key domestic and North American markets, adding that compared to last year, revenue from its pharmaceutical business in India rose 3.5%, while revenue from North America surged 39%.</p>
<p>"Cipla is driven by this beautiful creed of caring for life. We are all about making sure that people have healthier lives,” Vohra added.</p>
<p>Currently, Cipla has 1,500+ products across various therapeutic categories across 80+ countries.</p>',
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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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<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' => 'A true pioneer in Italy's aviation history, Turin-based Avio Aero helped in making the first aircraft engine in the country in 1908. Then, in 1915, then known as the Italian Aviation Company, a division of carmaker Fiat, it designed and built Italy's first complete aircraft to help in the country's military effort during the First World War.',
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'content' => '<p>A true pioneer in Italy’s aviation history, Turin-based Avio Aero helped in making the first aircraft engine in the country in 1908. Then, in 1915, then known as the Italian Aviation Company, a division of carmaker Fiat, it designed and built Italy’s first complete aircraft to help in the country’s military effort during the First World War.</p>
<p>“This is a business built on big competencies. Sometimes, we share programs and collaborate. Another key characteristic of the company is that we have a true European heart with strong European and Italian roots,” said Pierfederico Scarpa, Avia Aero’s vice president for strategy, marketing and sales.</p>
<p>More than a century later, Avia Aero, now owned by GE Aeropsace, develops commercial and military aviation technology and systems mostly for customers outside Italy and Europe. While its workforce remains mainly Italian (80%), the company set up manufacturing and R&D facilities in Poland and the Czech Republic.</p>
<p>“Right now, we are working on a lot of our core products and technologies, such as transmission systems, low pressure turbines, and combustors. We also develop technologies while developing people and relationships, both nationally and internationally,” Scarpa said.</p>
<p>The company also plays a critical role in the military-industrial complex. Its engineers have and their expertise in the latest technological advancements have played factors in its recent involvement in the Global Combat Air Program (GCAP).</p>
<p>“Last year, Airbus Defense and SpaceX selected our propulsion system for the military variant of the Eurodrone, an unmanned aerial system designed for flight in non-segregated airspace,” Scarpa said.</p>
<p>The company first developed technology for the military around 50 years ago in cooperation with several international companies. It first built a power plant to cater to the needs of the aerospace sector before it went on to create the propulsion system for the Eurofighter.</p>
<p>On its global ties, Avia Aero has grown very close with Japanese, which Scarpa believes serves as a huge recognition of its capabilities, experience, products and its people.</p>
<p>“We still have a mountain to climb but we have been keeping our eyes on the military space. That is constantly evolving. That’s why we will also keep on investing on innovation and technologies because we’ll be here to deliver,” Scarpa said.</p>
<p><a href="http://www.avioaero.com" target="_blank" rel="noopener"><strong><em>www.avioaero.com</em></strong></a></p>',
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Avio Aero: A global company with an Italian heart
A true pioneer in Italy's aviation history, Turin-based Avio Aero helped in making the first aircraft engine in the country in 1908. Then, in 1915,...
