Notice (8): Undefined index: SpecialFeature [APP/View/Featuresite/upcomingfeaturelist.ctp, line 53]
Code Context
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			'title' => 'Japan's largest conveyor-belt sushi chain rolls out in the U.S.',
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			'description' => 'Boston's Japanese food scene got more diverse with the opening in April of Sakabayashi Sushi Tavern, a subsidiary of Japan's largest conveyor-belt sushi chain, Sushiro. The restaurant is the first investment of its parent company, Food & Life Co., in the United States. ',
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			'content' => '<p>Boston&rsquo;s Japanese food scene got more diverse with the opening in April of Sakabayashi Sushi Tavern, a subsidiary of Japan&rsquo;s largest conveyor-belt sushi chain, Sushiro. The restaurant is the first investment of its parent company, <strong>Food &amp; Life Co.</strong>, in the United States.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-4-Sushiro.jpg" alt="" />
<figcaption class="image-caption">Food &amp; Life Companies USA President Yosuke Tanaka (Source: LinkedIn/Yosue Tanaka)</figcaption>
</figure>
<p>Sakabayashi retained the original restaurant&rsquo;s <em>izakaya </em>style of dining<em>, </em>wherein patrons can eat and drink in a casual setting. With menu items priced from under $10, the restaurant wants to attract a diverse crowd.</p>
<p>&ldquo;Ensuring affordability while providing an authentic Japanese experience to Americans is paramount. Eighty percent of our menu is recreated from Japan. Our raw ingredients are sourced from our global procurement chain,&rdquo; said <strong>Food &amp; Life Companies USA President Yosuke Tanaka.</strong></p>
<p>Although Sakabayashi Sushi Tavern is Food and Life&rsquo;s first foray in the country, the group has many years of international experience. With operations in eight countries, primarily in Asia, Food &amp; Life aims to generate $1.45 billion in overseas revenue by the end of the fiscal year 2026 by opening more conveyor-belt sushi restaurants in the United States.</p>
<p>&ldquo;Our priority is not limited to deploying our existing brand but also to discovering, developing, and expanding new brands and food-services formats through the reinforcement of our competitive advantages in ingredient development, procurement, and supply chain management,&rdquo; said <strong>Food &amp; Life Ltd. President and CEO Koichi Mizutome.</strong></p>
<p>Mizutome&rsquo;s confidence stems from the growing popularity of Japanese cuisine in the United States. In 2023, revenues of sushi restaurants in America grew by 4.5% and are expected to grow further, according to research firm IBIS World.</p>
<p>In the United States, ramen shops are also growing more popular as various Japanese chains, like Fukuoka and Ramen Santouka, plan to open more outlets across the country.</p>',
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		'Articles' => array(
			'id' => '545695',
			'title' => 'Impostor Syndrome and The Incomplete Leader',
			'description_old' => null,
			'description' => 'Now that everyone's details, accomplishments, and track record are easily fact-checked and reviewed on the internet, there has been a rise in the number of anxiety-riddled executives. The same tool used for work productivity has also been a source of consternation.',
			'credit_id' => '48',
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			'url' => 'impostor-syndrome-and-the-incomplete-leader',
			'tags' => 'Leadership, Management, Impostor Syndrome',
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			'content' => '<p>The notion that &ldquo;leaders have to be flawless&rdquo; is starting to disappear. Access to unlimited information, a.k.a. the Internet, should have changed this perception ages ago.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-3-SG-Impostor-Syndrome.jpg" alt="" />
<figcaption class="image-caption">The workplace has evolved to become a more forgiving place for its leaders. (Illustration by Lianne Dominguez)</figcaption>
</figure>
<p>But now that everyone&rsquo;s details, accomplishments, and track record are easily fact-checked and reviewed on the internet, there has been a rise in the number of anxiety-riddled executives. The same tool used for work productivity has also been a source of consternation.</p>
<p>The pressure to have intellectual and interpersonal superiority is at an all-time high. According to the National Library of Medicine, impostor syndrome (IS) is a behavioral health phenomenon described as self-doubt of intellect, skills, or accomplishments among high-achieving individuals. Yes! The seemingly poised manager could be a fa&ccedil;ade.</p>
<p>Despite the tremendous pressure for perfection, an article in Harvard Business Review offers a solution to ease some caffeine-stimulated corporate minds. The authors, in praise of &ldquo;The Incomplete Leader,&rdquo; recommend embracing imperfections to strengthen one&rsquo;s leadership abilities. It also said that organizations were evolving to become more collaborative than hierarchical.</p>
<p>Decisions should often be made in the context of the open economy, therefore as no senior executive has a monopoly on knowledge. The overarching theme was that: Leaders should determine the right colleague to handle areas of their perceived weaknesses.&nbsp;</p>
<p>In fact, four leadership capabilities are developed during this process: sense-making, relating, visioning, and inventing.</p>
<p>Arguably, many teams have adopted the practice of &ldquo;excellence&rdquo; over &ldquo;perfection&rdquo;. The culture of excellence, while forgiving mistakes and considering personal limitations, does not absolve leaders and team members from giving their best.</p>
<p>Accepting the new demands and realities of a hybrid workplace, especially for leaders, will empower and not overwhelm the incomplete leader.</p>',
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			'id' => '545696',
			'title' => 'Brewing success: How leadership catapulted Paradox Brewery to new heights',
			'description_old' => null,
			'description' => 'Paradox Brewery President and founder Paul Mrocka is widely credited for driving the New York-based to new levels of success through strategic planning, data-driven decision-making, and effective international partnerships.',
			'credit_id' => '48',
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			'url' => 'brewing-success-how-leadership-catapulted-paradox-brewery-to-new-heights',
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			'content' => '<p><strong>Paradox Brewery President and founder Paul Mrocka </strong>is widely credited for driving the New York-based to new levels of success through strategic planning, data-driven decision-making, and effective international partnerships.</p>
<p>According to Mrocka, data isn't just numbers at Paradox Brewery. It's a roadmap to success.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-3-NYNJ-Paradox-Brewery.jpg" alt="" />
<figcaption class="image-caption">Paradox Brewery President and founder Paul Mrocka</figcaption>
</figure>
<p>In an interview with GMI POST, Mrocka emphasized their reliance on Information Resources, Inc. (IRI) data to understand market trends, consumer preferences, and competitor strategies.</p>
<p>&ldquo;We're very competitive in our prices and a data-driven company. We tell stories with this data that we buy. And we use that data to go to the buyer and talk to them about it,&rdquo; he said.</p>
<p>By leveraging IRI&rsquo;s data, Paradox Brewery gains insights that shape its marketing strategies and product development, ensuring it stays ahead in the fiercely competitive craft beer market.</p>
<p>Paradox Brewery isn't afraid to think big either. </p>
<p>&ldquo;You have to put the time in. You have to show up and get face-to-face with these people because there has to be a degree of comfort on both sides of the arrangement to buy beer from the other side of the planet,&rdquo;<strong> Director of Operations Devon Hamilton </strong>said about plans to expand globally.</p>
<p>By nurturing strong relationships with international partners, Paradox Brewery secures distribution channels and builds a global brand presence, Hamilton also said.</p>
<p>For Paradox Brewery, success isn't just about reacting to market trends but about anticipating and shaping them. Through constant planning and adaptation, the company stays at the forefront of innovation, offering a diverse and appealing portfolio to its customers.</p>
<p>&ldquo;We all sit down, talk about what did well last year, what we think we should bring back for next year, what the upcoming trends are, and argue about what our portfolio will be,&rdquo; Hamilton said.</p>
<p>As Paradox Brewery expands both domestically and internationally, the skills and dedication of its leaders will ensure the New York brand remains a beloved brand in the craft beer industry.</p>',
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			'id' => '545697',
			'title' => 'What Cambodia's honey industry can teach businesses ',
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			'description' => 'In 2021, Cambodia's government awarded its first geographic indication (GI) label for the wild honey harvested in Mondulkiri Province. The protected GI label, granted to local products with distinctive regional qualities, has elevated the profile of Cambodian honey on the global stage.',
			'credit_id' => '48',
			'image' => null,
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			'url' => 'what-cambodias-honey-industry-can-teach-businesses',
			'tags' => 'Cambodia, Leadership, Management, Agriculture, Honey',
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			'content' => '<p>Cambodia&rsquo;s honey industry has experienced steady growth in recent years. In 2021, the government awarded its first geographic indication (GI) label for the wild honey harvested in Mondulkiri Province. The protected GI label, granted to local products with distinctive regional qualities, has elevated the profile of Cambodian honey on the global stage.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-3-CAMB-Honey.jpg" alt="" />
<figcaption class="image-caption">Cambodia Honey Association Executive Director Sem Sreytouch</figcaption>
</figure>
<p>Although varieties like Modulkiri money have been harvested in Cambodia for centuries, efforts to streamline and formalize the industry&rsquo;s value chain are relatively recent and spearheaded by the Cambodia Honey Association (CHA), the main advocacy group representing the sector&rsquo;s stakeholders.</p>
<p>In an interview with GMI POST, CHA underscored the necessary steps to invigorate the industry while providing insight into navigating business in an emerging market landscape.&nbsp;</p>
<p><strong>&nbsp;</strong></p>
<p><span style="font-family: helvetica; font-size: 18pt;"><strong>Collaboration over competition </strong></span></p>
<p><strong>&nbsp;</strong></p>
<p><strong>CHA Executive Director Sem Sreytouch </strong>emphasizes the importance of shifting industry stakeholders&rsquo; mindset from competition to collaboration.</p>
<p>&ldquo;One of our main advocacies is to enact a change in mindset among Cambodian honey growers, apiaries, and other stakeholders in the value chain. A united front is required to elevate the overall standards of the Cambodian honey industry&rdquo; she said.</p>
<p><strong>&nbsp;</strong></p>
<p><span style="font-family: helvetica; font-size: 18pt;"><strong>Prioritize capacity building</strong></span></p>
<p><strong>&nbsp;</strong></p>
<p><strong>Peter Batt, Ph.D of Curtin University,</strong> also a fellow of the International Horticultural Congress, stressed the need for education and capacity-building at the grassroots level in emerging markets like Cambodia.</p>
<p>&ldquo;A key aspect of addressing challenges in Cambodia, particularly within the honey industry, was capacity building of smallholder farmers and empowering those farmers with basic and practical skills to help them grasp what it takes to thrive in trade,&rdquo; he said.</p>
<p><strong>&nbsp;</strong></p>
<p><span style="font-size: 1*pt;"><strong><span style="font-family: helvetica;">Explore untapped resources</span> </strong></span></p>
<p>&nbsp;</p>
<p>CHA also highlighted Cambodia's rich geographic diversity as a wellspring of untapped potential for future GI labels, such as honey from the lesser-known Tonle Sap Lake region. <strong>Dr. Try Yong</strong>, a beekeeping expert and an advisor to the Royal Ministry of Agriculture, underscored Cambodia&rsquo;s abundance of untapped honey collection areas in the rest of the country.</p>
<p>&ldquo;Regions like Tone Sap Lake and the western coasts offer promising opportunities. Despite the vast forests from which much of our honey originates, many areas lack GI certification, signaling significant untapped potential and future business opportunities for our kingdom,&rdquo; he said.</p>',
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			'id' => '545692',
			'title' => 'Wisconsin to give multimillion tax incentive to Kikkoman for new expansion',
			'description_old' => null,
			'description' => 'Kikkoman Foods Inc. has broken ground for its third manufacturing plant in Jefferson County and an expansion to its existing plant in neighboring Walworth County, Wisconsin. To support this fresh investment, the Wisconsin Economic Development Corp. (WEDC) plans to provide the Japanese soy sauce maker up to $15.5 million in performance-based tax credits.',
			'credit_id' => '48',
			'image' => null,
			'image_caption' => null,
			'url' => 'wisconsin-to-give-multimillion-tax-incentive-to-kikkoman-for-new-expansion',
			'tags' => 'US, Japan, Wisconsin, Economic Development, Food',
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			'content' => '<p>Kikkoman Foods Inc. has broken ground for its third manufacturing plant in Jefferson County and an expansion to its existing plant in neighboring Walworth County, Wisconsin. To support this fresh investment, the <strong>Wisconsin Economic Development Corp. (WEDC)</strong> plans to provide the Japanese soy sauce maker up to $15.5 million in performance-based tax credits.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-3-Kikkoman-Wisconsin.jpg" alt="" />
<figcaption class="image-caption">Wisconsin Economic Development Corporation CEO and Secretary Missy Hughes (Source: Milwaukee Business Journal)</figcaption>
</figure>
<p>Kikkoman&rsquo;s expansion in Wisconsin will inject $800 million into the state&rsquo;s economy and create 83 new jobs over the next decade. The Walworth facility, opened in 1973, is the company&rsquo;s highest-producing soy sauce factory globally.</p>
<p>Meanwhile, the plant in Jefferson City is scheduled to start operations in 2026 and will focus on soy sauce-related products, like teriyaki sauce. Aside from enhancing efficiency and scalability, the facility will bolster Kikkoman&rsquo;s sustainability efforts by using renewable energy sources and equipment with lower CO2 emissions.</p>
<p><strong>WEDC Secretary and CEO Missy Hughes</strong> welcomed the announcement: &ldquo;Fifty years ago, Kikkoman made history by choosing Walworth, Wisconsin for its first international brewing plant. Now, by expanding its presence in Jefferson, Kikkoman is opening a new chapter in its history.&rdquo;</p>
<p><strong>Jefferson City Mayor Dale Oppermann</strong> expressed appreciation for Kikkoman&rsquo;s continued trust in the region: &ldquo;Kikkoman&rsquo;s decision to invest in Jefferson underscores the strength and appeal of our local food and beverage niche. We look forward to a long, prosperous partnership.&rdquo;</p>
<p>Meanwhile, <strong>Kikkoman Chair and honorary CEO Yuzauro Mogi </strong>said the company&rsquo;s choice of Wisconsin was rooted in several factors, among them its location, which provided convenient market access, as well as its skilled workforce, easy availability of raw materials, an abundance of clean water, the collaborative spirit of the local community.</p>
<p>&ldquo;We look forward to expanding our footprints in Wisconsin and establishing a supply chain with increased stability in North America,&rdquo; he also said.</p>
<p>Over the past five decades, Kikkoman has transformed rural Wisconsin through partnerships with the local community, donating more than $17 million to charitable organizations.</p>
<p>As one of the first production facilities set up by a Japanese company in the United States, the Walworth plant is seen as a valuable symbol of the close business and cultural partnership between the two countries.</p>
<p>&ldquo;Whether it&rsquo;s providing thousands of jobs, bolstering our economy or providing us and the world with phenomenal soy sauce, Kikkoman is doing good work across Wisconsin and the country. I am grateful for their continued partnership and expansion in Wisconsin,&rdquo; said <strong>Gov. Tony Evers</strong>.</p>',
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			'id' => '545693',
			'title' => 'New York wants more Japanese chipmakers in the state',
			'description_old' => null,
			'description' => 'Empire State Development (ESD), the umbrella organization for New York's two main economic development corporations, wants more Japanese chip industry suppliers to open operations in the state to support the upcoming manufacturing facilities of Micron Technology, the world's fourth-largest semiconductor company.',
			'credit_id' => '48',
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			'url' => 'new-york-wants-more-japanese-chipmakers-in-the-state',
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			'content' => '<p><strong>Empire State Development (ESD)</strong>, the umbrella organization for New York's two main economic development corporations, wants more Japanese chip industry suppliers to open operations in the state to support the upcoming manufacturing facilities of Micron Technology, the world&rsquo;s fourth-largest semiconductor company.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-3-Micron-NY.jpg" alt="" />
<figcaption class="image-caption">Empire State Development President Hope Knight (Source: Empire State Development)</figcaption>
</figure>
<p>&ldquo;Last year, we were able to attract Micron to central New York. With the large investment that Micron is making, $100 billion, we know that we have to build an ecosystem to support that activity. That's why we're here on this mission: to talk to Japanese firms, some of Micron's suppliers, to come and locate in New York,&rdquo; <strong>ESD President Hope Knight</strong> told Nikkei Asia.</p>
<p>While Knight did not name the companies she spoke to during her visit to Japan, she mentioned that some were &ldquo;very excited about the possibility&rdquo; of investing in the state.</p>
<p>Micron, the only memory and storage manufacturer in the United States, has announced plans to build a $100 billion &ldquo;mega fab,&rdquo; which will employ more than 9,000 people, near Syracuse in upstate New York.</p>
<p>Even before the CHIPS and Science Act became federal law in 2022, New York had unveiled its $10 billion program, called Green CHIPS, which offered tax incentives to chip manufacturers. Participants of Green CHIPS can benefit from zero corporate income tax rates and receive tax credits based on their capital spending and research and development expenditures.</p>
<p>&ldquo;We customize a package for you,&rdquo; said Knight, who emphasized that incentives are tailored based on various factors, like the number of jobs created and size of investment.</p>
<p>The ESD president highlighted the importance of bringing back chip manufacturing to the United States, citing national security concerns and geopolitical trends, and underscored New York's manufacturing legacy and its readiness to revive its manufacturing sector.</p>
<p>New York has prioritized chip manufacturing as a key industry for economic growth. Apart from IBM, 75 other semiconductor-related companies have made new investments in the state. And since the introduction of Green CHIPS, total investments have reached $112 billion.</p>
<p>On concerns surrounding the high cost of living and labor costs associated with New York City, Knight said that cities in upstate New York, such as Albany, Syracuse, Rochester and Buffalo, offer affordability and have cheaper sources of clean power.</p>
<p>As head of ESD, Knight works closely with Gov. Kathy Hochul in developing the state economy through various measures like financing, subsidies, and tax breaks. As of 2022, ESD has been involved in at least 190 projects.</p>',
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			'title' => 'Toyota unveils $1.4 billion investment in Indiana to make more electric vehicles',
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			'description' => 'Toyota, the world's largest automaker, has announced a $1.4 billion expansion of its factory in the U.S. state of Indiana to produce electric vehicles (EVs) starting in 2026. With the new expansion, Toyota Motor Manufacturing Indiana will become the company's second EV production facility in the United States.',
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			'content' => '<p>Toyota, the world&rsquo;s largest automaker, has announced a $1.4 billion expansion of its factory in the U.S. state of Indiana to produce electric vehicles (EVs) starting in 2026. With the new expansion, Toyota Motor Manufacturing Indiana will become the company&rsquo;s second EV production facility in the United States.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-3-Toyota-EVs.jpg" alt="" />
<figcaption class="image-caption">Toyota Motor Manufacturing Indiana President Tim Hollander (Source: PR Newswire)</figcaption>
</figure>
<p>According to Nikkei Asia, the investment will create 340 new high-quality jobs and increase the company&rsquo;s total number of employees in Indiana to around 8,000. The expansion also raises</p>
<p>Toyota&rsquo;s total investment in the state to $8 billion, Green Car Congress reported. <br /><br />Toyota&rsquo;s decision to increase EV production comes amid a surge in demand for its hybrid models, said CBT News.</p>
<p>In April, Toyota reported record annual sales for the fiscal year ending in March, surpassing the 10 million-unit mark for the first time. Its hybrid models have played a major role in growing the company&rsquo;s market share over the past year.</p>
<p>Toyota&rsquo;s only other EV factory in the United States is in Kentucky. The facility Georgetown is due to begin operations next year.</p>
<p>"Since 2021, Toyota has announced new investments totaling $18.6 billion into its U.S. manufacturing operations to support electrification efforts," the company said.</p>',
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	(int) 7 => array(
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			'id' => '545689',
			'title' => 'Singapore: A fertile ground for Edtech ',
			'description_old' => null,
			'description' => 'Globally, education technology (Edtech) is a rapidly growing sector. According to Precision Report's EdTech Market Research Report 2024, the global Edtech market size was valued at $115 billion in 2021 and is expected to reach $467 billion by 2027. ',
			'credit_id' => '48',
			'image' => null,
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			'url' => 'singapore-a-fertile-ground-for-edtech',
			'tags' => 'Japan, Singapore, Education',
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			'content' => '<p>Globally, education technology (Edtech) is a rapidly growing sector. According to Precision Report&rsquo;s EdTech Market Research Report 2024, the global Edtech market size was valued at $115 billion in 2021 and is expected to reach $467 billion by 2027.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-2-SG-Education.jpg" alt="" />
<figcaption class="image-caption">Starting them young: Singapore's education system has gained admiration from around the world.</figcaption>
</figure>
<p>Singapore has stood out as one of the most fertile grounds for the sector&rsquo;s growth. The origins of Singapore&rsquo;s thriving Edtech sector can be traced back to 2014, when the country&rsquo;s national government enacted its Smart Nation initiative, which required schools to incorporate innovation and technology in the daily lives of Singaporean families.</p>
<p>According to UNESCO, the challenge for schools was to create meaningful learning experiences that reflected such integration, which meant that highly qualified faculty must constantly be engaged in research and innovation. Otherwise, how can one teach about advancements while experiencing none?</p>
<p>Since the enactment of the Smart Nation initiative, there have been more than 790 Edtech startups launched in Singapore. Today, the government continues to invest heavily in training its future labor pool. <br /><br />Aside from encouraging life-long learning, the city-state&rsquo;s government has also rolled out other initiatives to boost the growth of Edtech in Singapore, like an ICT masterplan, infrastructure upgrades, accelerator programs, increased connectivity in schools, and access to learning resources and opportunities for collaborations for schools and startups.</p>
<p>Those looking to start or invest in an Edtech venture will reap many benefits by betting on Singapore.</p>',
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			'id' => '545690',
			'title' => 'Columbia University seeks closer partnerships with Japan ',
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			'description' => 'The Japan Study Student Association at Columbia University's School of International and Public Affairs organized a visit to Japan in March to allow some of its members to learn more about the country's government, people, culture, and food.',
			'credit_id' => '48',
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			'url' => 'columbia-university-seeks-closer-partnerships-with-japan',
			'tags' => 'US, Japan, Education',
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			'content' => '<p>The Japan Study Student Association at <strong>Columbia University&rsquo;s School of International and Public Affairs </strong>organized a visit to Japan in March to allow some of its members to learn more about the country&rsquo;s government, people, culture, and food.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-2-NYNJ-JASSA-Education.jpg" alt="" />
<figcaption class="image-caption">JASSA representatives during their Japan trip</figcaption>
</figure>
<p>&ldquo;The Japan trip was a phenomenal opportunity not only from a career development perspective but also from a personal development perspective,&rdquo; JASSA Representative Daniel Alvarez said in an article posted on SIPA&rsquo;s website.</p>
<p>&ldquo;Speaking with top politicians, participating in cultural ceremonies, learning about critical events in Japan&rsquo;s history, experiencing the excellent cuisine, and enjoying the nightlife with new friends made for a very well-rounded trip and once-in-a-lifetime experience,&rdquo; Alvarez added.</p>
<p>For SIPA students who want to join future Japan trips, Alvarez encouraged fellow members to attend upcoming JASSA events so they can express their interest to the organizers. The trip was just one of many events of SIPA to bolster U.S.-Japan cooperation.</p>
<p>In June 2023<strong>, SIPA Dean Keren Yarhi-Milo</strong> visited the University of Tokyo's Graduate School of Public Policy, a fellow member of the Global Public Policy Network, where she held pivotal discussions to enhance cross-cultural exchange. <br /><br />In interviews with local media, including Nikkei Asia and TV Tokyo, Yarhi-Milo highlighted SIPA's commitment to integrating Japanese perspectives within its academic community.</p>
<p>&ldquo;We want our students and our faculty to be involved and engaged with Japan,&rdquo; said Yarhi-Milo as she recognized the country&rsquo;s significant economic and strategic influence in East Asia.</p>',
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	(int) 9 => array(
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			'id' => '545691',
			'title' => '3 reasons Japan-Cambodia education partnerships are thriving',
			'description_old' => null,
			'description' => 'As Cambodia and Japan commemorate 70 years of diplomatic relations, the two nations look forward to a new era in their partnership as they seek fresh fields of collaboration. More and more Japanese recognize Cambodia's untapped potential and hope to play a role in the development of its population.',
			'credit_id' => '48',
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			'url' => '3-reasons-japan-cambodia-education-partnerships-are-thriving',
			'tags' => 'Japan, Cambodia, Education',
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			'content' => '<p>As Cambodia and Japan commemorate 70 years of diplomatic relations, the two nations look forward to a new era in their partnership as they seek fresh fields of collaboration. More and more Japanese recognize Cambodia&rsquo;s untapped potential and hope to play a role in the development of its population.</p>
<p>For instance, the increased prominence of the <strong>Institute of Technology of Cambodia </strong>among the expatriate population reveals three key reasons Cambodia&rsquo;s educational landscape has attracted the attention of the Japanese community.</p>
<p>&nbsp;</p>
<p><span style="font-family: helvetica; font-size: 16pt;"><strong>The population is young, growing and mobile</strong></span></p>
<p>&nbsp;</p>
<p>CiteSeerX reports that nearly 70% of Cambodians are 29-years old and younger. <br /><br />&ldquo;Among Cambodia&rsquo;s younger generation, the literacy rate is reported to be quite high because of increasing opportunities for education. The gender gap among young adults is not so substantial, although some age group differences exist,&rdquo; Japan International Cooperation Agency said in its 2023 Country Study.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-2-CAMB-Japan-Education.jpg" alt="" />
<figcaption class="image-caption">Institute of Technology of Cambodia Rector Dr. Po Kimtho (left) and Kanazawa University President Takashi Wada (right)</figcaption>
</figure>
<p>&ldquo;This implies that very well-targeted literacy education by age, sex, geography, time of the class, and contents of the class will likely bring about significant domestic and foreign partnerships in Cambodia&rsquo;s education sector,&rdquo; the study added.An example of such a partnership is that between ITC and Panasonic Cambodia. ITC is one of only two institutions in the kingdom to receive scholarships from Panasonic Cambodia, the local subsidiary of Japanese tech giant Panasonic Group. Panasonic Cambodia Country Head Yosunoby Matsumoto said the initiative will be a means to &ldquo;maximize workforce potential, fostering growth, and nurturing the next generation of leaders.&rdquo;</p>
<p>According to Matsumoto, Panasonic Cambodia recognizes the talented local science and technology students and continues to invest in their capacity building to develop the next generation of technology business leaders that will allow them to participate in a global economy.</p>
<p><strong>&nbsp;</strong></p>
<p><span style="font-size: 16pt;"><strong><span style="font-family: helvetica;">It is open to international collaboration</span> </strong></span></p>
<p>&nbsp;</p>
<p>Cambodia is home to more than 128 higher education institutions, at least 45 of which (including ITC) have active international partnerships with universities and organizations abroad. ITC&rsquo;s outreach activities have helped position itself as an ideal partner for Japanese ventures.</p>
<p>Last year, the deputy director of ITC, along with six other academic delegates, visited the Tokyo Institute of Technology (Tokyo Tech), to partake in the training course &ldquo;Project for Strengthening Engineering Education and Research for Industrial Development in Cambodia,&rdquo; organized by JICA.</p>
<p>Subsequently, JICA formalized an agreement with ITC to strengthen engineering education and research in industrial development in Cambodia</p>
<p>&nbsp;</p>
<p><span style="font-family: helvetica; font-size: 16pt;"><strong>A growing vocationally and technically proficient workforce</strong></span></p>
<p>&nbsp;</p>
<p>&ldquo;Strengthening technical and vocational training is pivotal to attracting Japanese investment in Cambodia,&rdquo; said Labor and Vocational Training Minister Heng Sour, who urged JICA to persist in developing human resources in these domains, a statement that JICA President Sanui Kazumasa agreed with.</p>
<p>ITC, a partner of JICA, produces approximately 3,700 undergraduate and graduate students specializing in science, technology, and engineering.</p>',
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	(int) 10 => array(
		'Articles' => array(
			'id' => '545686',
			'title' => 'Japan's JERA and Inpex to invest in separate U.S. ammonia projects',
			'description_old' => null,
			'description' => 'To bolster Japan's clean energy initiatives, two major Japanese energy companies, JERA and Inpex, are preparing to invest in separate projects in the United States that will produce ammonia for clean-burning power generation in Japan, Nikkei Asia reports. ',
			'credit_id' => '48',
			'image' => null,
			'image_caption' => null,
			'url' => 'japans-jera-and-inpex-to-invest-in-separate-us-ammonia-projects',
			'tags' => 'US, Japan, Investment, Green Energy',
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			'content' => '<p>To bolster Japan's clean energy initiatives, two major Japanese energy companies,<strong> JERA</strong> and <strong>Inpex</strong>, are preparing to invest in separate projects in the United States that will produce ammonia for clean-burning power generation in Japan, Nikkei Asia reports.</p>
<figure class="image-container floated-right" style="float: right;"><img class="align-right" src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-2-JERA-and-Inpex.jpg" alt="" />
<figcaption class="image-caption">Inpex President Takayuki Ueda</figcaption>
</figure>
<p><strong>JERA Global CEO and Chair Yukio Kani </strong>and<strong> Inpex President Takayuki Ueda</strong> confirmed the investments with local U.S. media at the CERAWeek 2024 energy industry conference held in Houston, Texas.</p>
<p>JERA, a joint venture between Tokyo Electric Power and Chubu Electric Power, announced its partnership with Oklahoma-based green energy company, Greenfield Energy. Together, they will build a facility in Louisiana to produce green ammonia using renewable energy sources.</p>
<p>Kani also confirmed to media that JERA will hire more people at its U.S. arm, aiming to expand the workforce by 30% after a year to around 250 employees.</p>
<p>On the other hand, Inpex, a leading oil and gas exploration and production company, is exploring opportunities in Texas to establish its own ammonia production facility.</p>
<p>According to Nikkei Asia, Inpex plans to produce 1.1 million tons of ammonia annually in Houston by 2027.</p>
<p>The investments by JERA and Inpex mark significant milestones in Japan's quest for cleaner energy alternatives.</p>',
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			'id' => '545687',
			'title' => 'Kishida visits North Carolina: Why is it groundbreaking?',
			'description_old' => null,
			'description' => 'To promote Japanese contribution to the United States' investment landscape, Prime Minister Fumio Kishida visited North Carolina in April to tour the site of Toyota Motor Corp.'s electric and hybrid battery plant in the city of Greensboro.',
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			'url' => 'kishidas-visits-north-carolina-why-is-it-groundbreaking',
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			'content' => '<p>To promote Japanese contribution to the United States&rsquo; investment landscape, <strong>Prime Minister Fumio Kishida</strong> visited North Carolina in April to tour the site of Toyota Motor Corp.&rsquo;s electric and hybrid battery plant in the city of Greensboro.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-2-Kishida-Visit-to-NC.jpg" alt="" />
<figcaption class="image-caption">Japanese Prime Minister Fumio Kishida (center) visits Toyota's EV battery plant being built in North Carolina. (Photo source: Nikkei Asia)</figcaption>
</figure>
<p>Kishida&rsquo;s visit marked a historic moment in U.S.-Japan relations because it was the first time since 1891 that a foreign head of state visited the governor&rsquo;s mansion and the first time in a decade that a Japanese prime minister visited the state.</p>
<p>&ldquo;I am honored to be here in North Carolina to showcase the multilayered and strong ties between the United States and Japan,&rdquo; Kishida told guests at the luncheon at the state governor&rsquo;s mansion. He also lauded North Carolina for being a state &ldquo;at the forefront of the times.&rdquo;</p>
<p>Japan remains North Carolina&rsquo;s largest foreign direct investor, employing over 30,000 people in over 200 Japanese companies.</p>
<p>According to the Environmental Defense Fund, North Carolina leads all U.S. states in electric vehicle (EV) investment, attracting over $19 billion in the past year. This is attributed to its world-class infrastructure, skilled workforce, and favorable local policies.</p>
<p>Capitalizing on that environment, Japanese automakers have expanded their EV production capacity in the state. Toyota invested an additional $8 billion in its Greensboro battery plant, raising its total capital investment to around $14 billion and generating more than 5,000 new jobs.</p>
<p>Chiaki Takagi, a Japanese studies lecturer at the University of North Carolina Greensboro, highlighted the significance of Kishida&rsquo;s visit: &ldquo;This whole thing will provide the area with opportunities to be engaged in very active cultural exchange between Japan and the U.S.&rdquo;</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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			'url' => 'renowned-us-chip-designer-wants-to-end-nvidias-global-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&rsquo;s global market dominance.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-13-Tenstorrent.jpg" alt="" />
<figcaption class="image-caption">Tenstorrent CEO Jim Keller (Photo source: Tenstorrent)</figcaption>
</figure>
<p>Headquartered in Toronto, Tenstorrent has offices in Austin, Texas and Santa Clara, California, as well as in Belgrade, Tokyo, Bangalore, and Seoul. The company claims to be developing AI processors that perform as efficiently as Nvidia's AI GPUs but at a lower cost.</p>
<p>At present, Nvidia is the global market leader when it comes to AI chips. Its AI accelerators command between 70% and 95% of the global market share, according to CNBC.</p>
<p>Keller also said in the interview that Tenstorrent hopes to sell its second-generation multipurpose AI chip by the end of this year.</p>
<p>According to Keller, Tenstorrent can achieve its objective because it does not use high-bandwidth memory (HBM), a popular type of advanced memory chip capable of transferring large amounts of data quickly. HBM is a vital component for generative AI chips and has played a significant role in the success of Nvidia's offerings.</p>
<p>But Keller pointed out that HBM was also one of the culprits behind the massive energy consumption and high prices of AI chips.</p>
<p>"Even the people that use HBM struggle with the cost of it, [and] the design time to build it,&rdquo; 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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			'id' => '545757',
			'title' => 'ITOCHU to take part in Taiwan's smart city project ',
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			'description' => 'Tokyo-based trading giant ITOCHU secured a contract to develop and test AI systems that will help run the transportation network and energy infrastructure of a future smart city project in southern Taiwan, according to a company press release.',
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			'content' => '<p>Tokyo-based trading giant <strong>ITOCHU</strong> secured a contract to develop and test AI systems that will help run the transportation network and energy infrastructure of a future smart city project in southern Taiwan, according to a company press release.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-13-ITOCHU-Taiwan.jpg" alt="" />
<figcaption class="image-caption">ITOCHU plans to roll out AI-powered buses for Taiwan's new smart city project in Tainan. (Photo source: Nikkei Asia)</figcaption>
</figure>
<p>ITOCHU outbid other parties interested in the Integrated Development Project for Shalun Smart Green Energy Science City located in Tainan. The early-stage contract, according to Nikkei Asia, is worth around $332,000 (10.8 million New Taiwan dollars).</p>
<p>According to ITOCHU, the goal is to test its AI systems on a trial basis by the end of October. This is the first time the trading house has officially participated in an overseas smart city project.</p>
<p>The Taiwanese government also announced plans to earmark an additional $306.9 million (or 10 billion NTD) to develop the country&rsquo;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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			'id' => '545758',
			'title' => 'Melexis opens its largest wafer testing site in Malaysia',
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			'description' => 'Belgium-based supplier of semiconductor solutions Melexis has opened its largest wafer testing site worldwide in Kuching in the Malaysian state of Sarawak to strengthen its presence in Asia-Pacific and meet the rising demand for semiconductors around the world, according to a company announcement.',
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			'content' => '<p>Belgium-based supplier of semiconductor solutions <strong>Melexis</strong> has opened its largest wafer testing site worldwide in Kuching in the Malaysian state of Sarawak to strengthen its presence in Asia-Pacific and meet the rising demand for semiconductors around the world, according to a company announcement.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-13-Melexis.jpg" alt="" />
<figcaption class="image-caption">Melexis' new 70 million-euro facility in Kuching is a nod to the local architectural design. (Photo source: Melexis)</figcaption>
</figure>
<p>Wafer testing is part of the manufacturing process wherein all individual integrated circuits are checked for functional defects through special test patterns.</p>
<p>According to Melexis, its expansion in Malaysia is a strategic move to streamline logistics and reduce its ecological footprint. Additionally, it selected Kuching because of its diverse, multilingual, entrepreneurial and highly skilled workforce.</p>
<p><strong>Melexis CEO Marc Biron </strong>said, &ldquo;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.&rdquo;</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&rsquo;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>&ldquo;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,&rdquo; <strong>Sarawak&rsquo;s Ministry of International Trade, Industry and Investment </strong>said in a statement<strong>.</strong></p>
<p>&ldquo;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,&rdquo; the statement also said.</p>',
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			'id' => '545753',
			'title' => 'ITOCHU invests in U.S. hydrogen aircraft engine maker ZeroAvia',
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			'description' => 'Japanese trading giant ITOCHU announced this month it had invested in ZeroAvia, a British-American maker of hydrogen-electric engines for aircraft, according to a company statement.',
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			'content' => '<p>Japanese trading giant <strong>ITOCHU</strong> announced this month it had invested in <strong>ZeroAvia</strong>, a British-American maker of hydrogen-electric engines for aircraft, according to a company statement.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-13-Itochu-ZeroAvia.jpg" alt="" />
<figcaption class="image-caption">An aircraft powered by ZeroAvia's hydrogen-electric engines (Photo source: ZeroAvia)</figcaption>
</figure>
<p>Founded in 2018, ZeroAvia describes itself as &ldquo;a team of passionate innovators dedicated to bringing safe, zero-emission flight to aviation.&rdquo; The company claims its hydrogen-electric propulsion systems are &ldquo;the most environmentally friendly and economically attractive solution to aviation&rsquo;s growing climate change impact.&rdquo;</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&rsquo;s long-term goal of helping save the planet by decarbonizing the aviation industry.</p>',
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			'title' => 'Virginia is named the best U.S. state for business',
			'description_old' => null,
			'description' => 'For the third time in the last five years, Virginia was ranked America's Top State for Business in 2024 by CNBC, which cited the state for having the best public schools in the country. It grabbed the top spot in 2007, 2009, 2011, 2019, and 2021.',
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			'content' => '<p>For the third time in the last five years,<strong> Virginia</strong> was ranked America&rsquo;s Top State for Business in 2024 by CNBC, which cited the state for having the best public schools in the country. It grabbed the top spot in 2007, 2009, 2011, 2019, and 2021.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-13-Virginia.jpg" alt="" />
<figcaption class="image-caption">Fairfax County Economic Development Authority President and CEO Victor Hoskins (Photo source: Fairfax County Economic Development Authority)</figcaption>
</figure>
<p>&ldquo;Congratulations to Virginia on being named America&rsquo;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,&rdquo; 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&rsquo;s 10 categories this year, &ldquo;a rare feat,&rdquo; 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&rsquo;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&rsquo;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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			'description' => 'The U.S. subsidiary of Japanese group FANUC, one of the world's largest makers of industrial robots, has opened a $110 million facility in Michigan to store, sell and maintain made-in-Japan industrial robots for North American customers, according to a statement from FANUC America.',
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			'content' => '<p>The U.S. subsidiary of Japanese group <strong>FANUC</strong>, one of the world&rsquo;s largest makers of industrial robots, has opened a $110 million facility in Michigan to store, sell and maintain made-in-Japan industrial robots for North American customers, according to a statement from FANUC America.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-13-FANUC.jpg" alt="" />
<figcaption class="image-caption">Michigan Gov. Gretchen Whitmer (center) with senior officers of FANUC America at its West Campus. (Photo source: FANUC America)</figcaption>
</figure>
<p>The new 650,000-square-foot facility was inaugurated on July 10 and is located in FANUC America&rsquo;s West Campus in Auburn Hills, Michigan. The expansion increases the company&rsquo;s footprint in Michigan to over 2 million square feet and is part of FANUC America&rsquo;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,&rdquo; <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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			'title' => 'NY-based AI med tech startup raises $50 million',
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			'description' => 'K Health, a leading AI-driven primary care company that provides 24/7 virtual primary care solutions through its mobile app, announced this month that it had raised $50 million in funding led by Claure Group with participation from investors, including Pablo Legorreta (founder and CEO of Royalty Pharma) and Mangrove Capital Partners, Valor Equity Partners, and Atreides Management.',
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			'content' => '<p><strong>K Health</strong>, a leading AI-driven primary care company that provides 24/7 virtual primary care solutions through its mobile app, announced this month that it had raised $50 million in funding led by Claure Group with participation from investors, including Pablo Legorreta (founder and CEO of Royalty Pharma) and Mangrove Capital Partners, Valor Equity Partners, and Atreides Management.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-12-NYNJ-K-Health-Alan-Bloch.jpg" alt="" />
<figcaption class="image-caption">K Health founder and CEO Allon Bloch (Photo source: K Health)</figcaption>
</figure>
<p>K Health said in the same statement that it had been developing its own AI technology for more than seven years. Today, it can provide 24/7 virtual primary care solutions to millions of people in the United States.</p>
<p>The K Health platform includes clinical-grade medical chat and AI predictive models based on large datasets to help physicians optimize diagnosis and treatment and focus on patient care.</p>
<p>Instead of doctors taking patients through lengthy procedures and manually piecing together their medical history from electronic medical records, K Health allows healthcare providers to engage more quickly and closely with patients by giving them a complete medical chart with patient insights straight from the app.</p>
<p>According to K Health, this new model of care delivery achieves dramatically higher quality of care at lower costs compared to traditional primary care.</p>
<p>&ldquo;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,&rdquo; explained<strong> K Health founder and CEO Allon Bloch.</strong></p>
<p>&ldquo;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,&rdquo; 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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			'content' => '<p>Ontario-based multinational <strong>Lee Li Holdings (LLH)</strong> <strong>CEO Lee Q. Shim</strong> told <strong>Cambodian Prime Minister Hun Manet </strong>in a meeting at the capital Phnom Penh this month that his company was looking at investment opportunities in the country, including its automotive healthcare, gas and oil, food processing and logistics, automobiles, and exports accreditation sectors.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-12-CAMB-Li-Lee-Holdings.jpg" alt="" />
<figcaption class="image-caption">Cambodia Prime Minister Hun Manet (right) met with Lee Li Holdings President and CEO Lee Q. Shim (Ieft) in Phnom Penh this month. (Photo source: Office of the Prime Minister)</figcaption>
</figure>
<p>During the meeting, Manet pointed out that the <strong>Cambodia Chamber of Commerce</strong> had two representative offices in Canada (Toronto and Montreal) that promote bilateral trade and assist exporters and importers in their two countries.</p>
<p>&ldquo;Shim&rsquo;s visit will further contribute to the promotion of trade relations between Cambodia and Canada,&rdquo; 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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			'description' => 'National University Hospital (NUH), the main teaching hospital of the country's top-ranking National University of Singapore, announced this month the opening of a center focused on providing trauma care to vulnerable groups, particularly children, older adults, and migrant workers.',
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			'content' => '<p><strong>National University Hospital (NUH)</strong>, the main teaching hospital of the country&rsquo;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>&ldquo;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,&rdquo; 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&rsquo;s only pediatric kidney and liver transplant program.</p>',
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		'id' => '545700',
		'title' => 'Japan's largest conveyor-belt sushi chain rolls out in the U.S.',
		'description_old' => null,
		'description' => 'Boston's Japanese food scene got more diverse with the opening in April of Sakabayashi Sushi Tavern, a subsidiary of Japan's largest conveyor-belt sushi chain, Sushiro. The restaurant is the first investment of its parent company, Food & Life Co., in the United States. ',
		'credit_id' => '48',
		'image' => null,
		'image_caption' => null,
		'url' => 'japans-largest-conveyor-belt-sushi-chain-rolls-out-in-the-us',
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		'content' => '<p>Boston&rsquo;s Japanese food scene got more diverse with the opening in April of Sakabayashi Sushi Tavern, a subsidiary of Japan&rsquo;s largest conveyor-belt sushi chain, Sushiro. The restaurant is the first investment of its parent company, <strong>Food &amp; Life Co.</strong>, in the United States.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-4-Sushiro.jpg" alt="" />
<figcaption class="image-caption">Food &amp; Life Companies USA President Yosuke Tanaka (Source: LinkedIn/Yosue Tanaka)</figcaption>
</figure>
<p>Sakabayashi retained the original restaurant&rsquo;s <em>izakaya </em>style of dining<em>, </em>wherein patrons can eat and drink in a casual setting. With menu items priced from under $10, the restaurant wants to attract a diverse crowd.</p>
<p>&ldquo;Ensuring affordability while providing an authentic Japanese experience to Americans is paramount. Eighty percent of our menu is recreated from Japan. Our raw ingredients are sourced from our global procurement chain,&rdquo; said <strong>Food &amp; Life Companies USA President Yosuke Tanaka.</strong></p>
<p>Although Sakabayashi Sushi Tavern is Food and Life&rsquo;s first foray in the country, the group has many years of international experience. With operations in eight countries, primarily in Asia, Food &amp; Life aims to generate $1.45 billion in overseas revenue by the end of the fiscal year 2026 by opening more conveyor-belt sushi restaurants in the United States.</p>
<p>&ldquo;Our priority is not limited to deploying our existing brand but also to discovering, developing, and expanding new brands and food-services formats through the reinforcement of our competitive advantages in ingredient development, procurement, and supply chain management,&rdquo; said <strong>Food &amp; Life Ltd. President and CEO Koichi Mizutome.</strong></p>
<p>Mizutome&rsquo;s confidence stems from the growing popularity of Japanese cuisine in the United States. In 2023, revenues of sushi restaurants in America grew by 4.5% and are expected to grow further, according to research firm IBIS World.</p>
<p>In the United States, ramen shops are also growing more popular as various Japanese chains, like Fukuoka and Ramen Santouka, plan to open more outlets across the country.</p>',
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include - APP/View/Featuresite/upcomingfeaturelist.ctp, line 53
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 963
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 108

Notice (8): Undefined index: SpecialFeature [APP/View/Featuresite/upcomingfeaturelist.ctp, line 53]
Code Context
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			'title' => 'Japan's largest conveyor-belt sushi chain rolls out in the U.S.',
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			'description' => 'Boston's Japanese food scene got more diverse with the opening in April of Sakabayashi Sushi Tavern, a subsidiary of Japan's largest conveyor-belt sushi chain, Sushiro. The restaurant is the first investment of its parent company, Food & Life Co., in the United States. ',
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			'url' => 'japans-largest-conveyor-belt-sushi-chain-rolls-out-in-the-us',
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			'content' => '<p>Boston&rsquo;s Japanese food scene got more diverse with the opening in April of Sakabayashi Sushi Tavern, a subsidiary of Japan&rsquo;s largest conveyor-belt sushi chain, Sushiro. The restaurant is the first investment of its parent company, <strong>Food &amp; Life Co.</strong>, in the United States.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-4-Sushiro.jpg" alt="" />
<figcaption class="image-caption">Food &amp; Life Companies USA President Yosuke Tanaka (Source: LinkedIn/Yosue Tanaka)</figcaption>
</figure>
<p>Sakabayashi retained the original restaurant&rsquo;s <em>izakaya </em>style of dining<em>, </em>wherein patrons can eat and drink in a casual setting. With menu items priced from under $10, the restaurant wants to attract a diverse crowd.</p>
<p>&ldquo;Ensuring affordability while providing an authentic Japanese experience to Americans is paramount. Eighty percent of our menu is recreated from Japan. Our raw ingredients are sourced from our global procurement chain,&rdquo; said <strong>Food &amp; Life Companies USA President Yosuke Tanaka.</strong></p>
<p>Although Sakabayashi Sushi Tavern is Food and Life&rsquo;s first foray in the country, the group has many years of international experience. With operations in eight countries, primarily in Asia, Food &amp; Life aims to generate $1.45 billion in overseas revenue by the end of the fiscal year 2026 by opening more conveyor-belt sushi restaurants in the United States.</p>
<p>&ldquo;Our priority is not limited to deploying our existing brand but also to discovering, developing, and expanding new brands and food-services formats through the reinforcement of our competitive advantages in ingredient development, procurement, and supply chain management,&rdquo; said <strong>Food &amp; Life Ltd. President and CEO Koichi Mizutome.</strong></p>
<p>Mizutome&rsquo;s confidence stems from the growing popularity of Japanese cuisine in the United States. In 2023, revenues of sushi restaurants in America grew by 4.5% and are expected to grow further, according to research firm IBIS World.</p>
<p>In the United States, ramen shops are also growing more popular as various Japanese chains, like Fukuoka and Ramen Santouka, plan to open more outlets across the country.</p>',
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			'id' => '545695',
			'title' => 'Impostor Syndrome and The Incomplete Leader',
			'description_old' => null,
			'description' => 'Now that everyone's details, accomplishments, and track record are easily fact-checked and reviewed on the internet, there has been a rise in the number of anxiety-riddled executives. The same tool used for work productivity has also been a source of consternation.',
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			'tags' => 'Leadership, Management, Impostor Syndrome',
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			'content' => '<p>The notion that &ldquo;leaders have to be flawless&rdquo; is starting to disappear. Access to unlimited information, a.k.a. the Internet, should have changed this perception ages ago.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-3-SG-Impostor-Syndrome.jpg" alt="" />
<figcaption class="image-caption">The workplace has evolved to become a more forgiving place for its leaders. (Illustration by Lianne Dominguez)</figcaption>
</figure>
<p>But now that everyone&rsquo;s details, accomplishments, and track record are easily fact-checked and reviewed on the internet, there has been a rise in the number of anxiety-riddled executives. The same tool used for work productivity has also been a source of consternation.</p>
<p>The pressure to have intellectual and interpersonal superiority is at an all-time high. According to the National Library of Medicine, impostor syndrome (IS) is a behavioral health phenomenon described as self-doubt of intellect, skills, or accomplishments among high-achieving individuals. Yes! The seemingly poised manager could be a fa&ccedil;ade.</p>
<p>Despite the tremendous pressure for perfection, an article in Harvard Business Review offers a solution to ease some caffeine-stimulated corporate minds. The authors, in praise of &ldquo;The Incomplete Leader,&rdquo; recommend embracing imperfections to strengthen one&rsquo;s leadership abilities. It also said that organizations were evolving to become more collaborative than hierarchical.</p>
<p>Decisions should often be made in the context of the open economy, therefore as no senior executive has a monopoly on knowledge. The overarching theme was that: Leaders should determine the right colleague to handle areas of their perceived weaknesses.&nbsp;</p>
<p>In fact, four leadership capabilities are developed during this process: sense-making, relating, visioning, and inventing.</p>
<p>Arguably, many teams have adopted the practice of &ldquo;excellence&rdquo; over &ldquo;perfection&rdquo;. The culture of excellence, while forgiving mistakes and considering personal limitations, does not absolve leaders and team members from giving their best.</p>
<p>Accepting the new demands and realities of a hybrid workplace, especially for leaders, will empower and not overwhelm the incomplete leader.</p>',
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			'id' => '545696',
			'title' => 'Brewing success: How leadership catapulted Paradox Brewery to new heights',
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			'description' => 'Paradox Brewery President and founder Paul Mrocka is widely credited for driving the New York-based to new levels of success through strategic planning, data-driven decision-making, and effective international partnerships.',
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			'url' => 'brewing-success-how-leadership-catapulted-paradox-brewery-to-new-heights',
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			'content' => '<p><strong>Paradox Brewery President and founder Paul Mrocka </strong>is widely credited for driving the New York-based to new levels of success through strategic planning, data-driven decision-making, and effective international partnerships.</p>
<p>According to Mrocka, data isn't just numbers at Paradox Brewery. It's a roadmap to success.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-3-NYNJ-Paradox-Brewery.jpg" alt="" />
<figcaption class="image-caption">Paradox Brewery President and founder Paul Mrocka</figcaption>
</figure>
<p>In an interview with GMI POST, Mrocka emphasized their reliance on Information Resources, Inc. (IRI) data to understand market trends, consumer preferences, and competitor strategies.</p>
<p>&ldquo;We're very competitive in our prices and a data-driven company. We tell stories with this data that we buy. And we use that data to go to the buyer and talk to them about it,&rdquo; he said.</p>
<p>By leveraging IRI&rsquo;s data, Paradox Brewery gains insights that shape its marketing strategies and product development, ensuring it stays ahead in the fiercely competitive craft beer market.</p>
<p>Paradox Brewery isn't afraid to think big either. </p>
<p>&ldquo;You have to put the time in. You have to show up and get face-to-face with these people because there has to be a degree of comfort on both sides of the arrangement to buy beer from the other side of the planet,&rdquo;<strong> Director of Operations Devon Hamilton </strong>said about plans to expand globally.</p>
<p>By nurturing strong relationships with international partners, Paradox Brewery secures distribution channels and builds a global brand presence, Hamilton also said.</p>
<p>For Paradox Brewery, success isn't just about reacting to market trends but about anticipating and shaping them. Through constant planning and adaptation, the company stays at the forefront of innovation, offering a diverse and appealing portfolio to its customers.</p>
<p>&ldquo;We all sit down, talk about what did well last year, what we think we should bring back for next year, what the upcoming trends are, and argue about what our portfolio will be,&rdquo; Hamilton said.</p>
<p>As Paradox Brewery expands both domestically and internationally, the skills and dedication of its leaders will ensure the New York brand remains a beloved brand in the craft beer industry.</p>',
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			'id' => '545697',
			'title' => 'What Cambodia's honey industry can teach businesses ',
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			'description' => 'In 2021, Cambodia's government awarded its first geographic indication (GI) label for the wild honey harvested in Mondulkiri Province. The protected GI label, granted to local products with distinctive regional qualities, has elevated the profile of Cambodian honey on the global stage.',
			'credit_id' => '48',
			'image' => null,
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			'url' => 'what-cambodias-honey-industry-can-teach-businesses',
			'tags' => 'Cambodia, Leadership, Management, Agriculture, Honey',
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			'content' => '<p>Cambodia&rsquo;s honey industry has experienced steady growth in recent years. In 2021, the government awarded its first geographic indication (GI) label for the wild honey harvested in Mondulkiri Province. The protected GI label, granted to local products with distinctive regional qualities, has elevated the profile of Cambodian honey on the global stage.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-3-CAMB-Honey.jpg" alt="" />
<figcaption class="image-caption">Cambodia Honey Association Executive Director Sem Sreytouch</figcaption>
</figure>
<p>Although varieties like Modulkiri money have been harvested in Cambodia for centuries, efforts to streamline and formalize the industry&rsquo;s value chain are relatively recent and spearheaded by the Cambodia Honey Association (CHA), the main advocacy group representing the sector&rsquo;s stakeholders.</p>
<p>In an interview with GMI POST, CHA underscored the necessary steps to invigorate the industry while providing insight into navigating business in an emerging market landscape.&nbsp;</p>
<p><strong>&nbsp;</strong></p>
<p><span style="font-family: helvetica; font-size: 18pt;"><strong>Collaboration over competition </strong></span></p>
<p><strong>&nbsp;</strong></p>
<p><strong>CHA Executive Director Sem Sreytouch </strong>emphasizes the importance of shifting industry stakeholders&rsquo; mindset from competition to collaboration.</p>
<p>&ldquo;One of our main advocacies is to enact a change in mindset among Cambodian honey growers, apiaries, and other stakeholders in the value chain. A united front is required to elevate the overall standards of the Cambodian honey industry&rdquo; she said.</p>
<p><strong>&nbsp;</strong></p>
<p><span style="font-family: helvetica; font-size: 18pt;"><strong>Prioritize capacity building</strong></span></p>
<p><strong>&nbsp;</strong></p>
<p><strong>Peter Batt, Ph.D of Curtin University,</strong> also a fellow of the International Horticultural Congress, stressed the need for education and capacity-building at the grassroots level in emerging markets like Cambodia.</p>
<p>&ldquo;A key aspect of addressing challenges in Cambodia, particularly within the honey industry, was capacity building of smallholder farmers and empowering those farmers with basic and practical skills to help them grasp what it takes to thrive in trade,&rdquo; he said.</p>
<p><strong>&nbsp;</strong></p>
<p><span style="font-size: 1*pt;"><strong><span style="font-family: helvetica;">Explore untapped resources</span> </strong></span></p>
<p>&nbsp;</p>
<p>CHA also highlighted Cambodia's rich geographic diversity as a wellspring of untapped potential for future GI labels, such as honey from the lesser-known Tonle Sap Lake region. <strong>Dr. Try Yong</strong>, a beekeeping expert and an advisor to the Royal Ministry of Agriculture, underscored Cambodia&rsquo;s abundance of untapped honey collection areas in the rest of the country.</p>
<p>&ldquo;Regions like Tone Sap Lake and the western coasts offer promising opportunities. Despite the vast forests from which much of our honey originates, many areas lack GI certification, signaling significant untapped potential and future business opportunities for our kingdom,&rdquo; he said.</p>',
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			'id' => '545692',
			'title' => 'Wisconsin to give multimillion tax incentive to Kikkoman for new expansion',
			'description_old' => null,
			'description' => 'Kikkoman Foods Inc. has broken ground for its third manufacturing plant in Jefferson County and an expansion to its existing plant in neighboring Walworth County, Wisconsin. To support this fresh investment, the Wisconsin Economic Development Corp. (WEDC) plans to provide the Japanese soy sauce maker up to $15.5 million in performance-based tax credits.',
			'credit_id' => '48',
			'image' => null,
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			'url' => 'wisconsin-to-give-multimillion-tax-incentive-to-kikkoman-for-new-expansion',
			'tags' => 'US, Japan, Wisconsin, Economic Development, Food',
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			'content' => '<p>Kikkoman Foods Inc. has broken ground for its third manufacturing plant in Jefferson County and an expansion to its existing plant in neighboring Walworth County, Wisconsin. To support this fresh investment, the <strong>Wisconsin Economic Development Corp. (WEDC)</strong> plans to provide the Japanese soy sauce maker up to $15.5 million in performance-based tax credits.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-3-Kikkoman-Wisconsin.jpg" alt="" />
<figcaption class="image-caption">Wisconsin Economic Development Corporation CEO and Secretary Missy Hughes (Source: Milwaukee Business Journal)</figcaption>
</figure>
<p>Kikkoman&rsquo;s expansion in Wisconsin will inject $800 million into the state&rsquo;s economy and create 83 new jobs over the next decade. The Walworth facility, opened in 1973, is the company&rsquo;s highest-producing soy sauce factory globally.</p>
<p>Meanwhile, the plant in Jefferson City is scheduled to start operations in 2026 and will focus on soy sauce-related products, like teriyaki sauce. Aside from enhancing efficiency and scalability, the facility will bolster Kikkoman&rsquo;s sustainability efforts by using renewable energy sources and equipment with lower CO2 emissions.</p>
<p><strong>WEDC Secretary and CEO Missy Hughes</strong> welcomed the announcement: &ldquo;Fifty years ago, Kikkoman made history by choosing Walworth, Wisconsin for its first international brewing plant. Now, by expanding its presence in Jefferson, Kikkoman is opening a new chapter in its history.&rdquo;</p>
<p><strong>Jefferson City Mayor Dale Oppermann</strong> expressed appreciation for Kikkoman&rsquo;s continued trust in the region: &ldquo;Kikkoman&rsquo;s decision to invest in Jefferson underscores the strength and appeal of our local food and beverage niche. We look forward to a long, prosperous partnership.&rdquo;</p>
<p>Meanwhile, <strong>Kikkoman Chair and honorary CEO Yuzauro Mogi </strong>said the company&rsquo;s choice of Wisconsin was rooted in several factors, among them its location, which provided convenient market access, as well as its skilled workforce, easy availability of raw materials, an abundance of clean water, the collaborative spirit of the local community.</p>
<p>&ldquo;We look forward to expanding our footprints in Wisconsin and establishing a supply chain with increased stability in North America,&rdquo; he also said.</p>
<p>Over the past five decades, Kikkoman has transformed rural Wisconsin through partnerships with the local community, donating more than $17 million to charitable organizations.</p>
<p>As one of the first production facilities set up by a Japanese company in the United States, the Walworth plant is seen as a valuable symbol of the close business and cultural partnership between the two countries.</p>
<p>&ldquo;Whether it&rsquo;s providing thousands of jobs, bolstering our economy or providing us and the world with phenomenal soy sauce, Kikkoman is doing good work across Wisconsin and the country. I am grateful for their continued partnership and expansion in Wisconsin,&rdquo; said <strong>Gov. Tony Evers</strong>.</p>',
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			'id' => '545693',
			'title' => 'New York wants more Japanese chipmakers in the state',
			'description_old' => null,
			'description' => 'Empire State Development (ESD), the umbrella organization for New York's two main economic development corporations, wants more Japanese chip industry suppliers to open operations in the state to support the upcoming manufacturing facilities of Micron Technology, the world's fourth-largest semiconductor company.',
			'credit_id' => '48',
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			'url' => 'new-york-wants-more-japanese-chipmakers-in-the-state',
			'tags' => 'US, Japan, New York, Economic Development, IT',
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			'content' => '<p><strong>Empire State Development (ESD)</strong>, the umbrella organization for New York's two main economic development corporations, wants more Japanese chip industry suppliers to open operations in the state to support the upcoming manufacturing facilities of Micron Technology, the world&rsquo;s fourth-largest semiconductor company.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-3-Micron-NY.jpg" alt="" />
<figcaption class="image-caption">Empire State Development President Hope Knight (Source: Empire State Development)</figcaption>
</figure>
<p>&ldquo;Last year, we were able to attract Micron to central New York. With the large investment that Micron is making, $100 billion, we know that we have to build an ecosystem to support that activity. That's why we're here on this mission: to talk to Japanese firms, some of Micron's suppliers, to come and locate in New York,&rdquo; <strong>ESD President Hope Knight</strong> told Nikkei Asia.</p>
<p>While Knight did not name the companies she spoke to during her visit to Japan, she mentioned that some were &ldquo;very excited about the possibility&rdquo; of investing in the state.</p>
<p>Micron, the only memory and storage manufacturer in the United States, has announced plans to build a $100 billion &ldquo;mega fab,&rdquo; which will employ more than 9,000 people, near Syracuse in upstate New York.</p>
<p>Even before the CHIPS and Science Act became federal law in 2022, New York had unveiled its $10 billion program, called Green CHIPS, which offered tax incentives to chip manufacturers. Participants of Green CHIPS can benefit from zero corporate income tax rates and receive tax credits based on their capital spending and research and development expenditures.</p>
<p>&ldquo;We customize a package for you,&rdquo; said Knight, who emphasized that incentives are tailored based on various factors, like the number of jobs created and size of investment.</p>
<p>The ESD president highlighted the importance of bringing back chip manufacturing to the United States, citing national security concerns and geopolitical trends, and underscored New York's manufacturing legacy and its readiness to revive its manufacturing sector.</p>
<p>New York has prioritized chip manufacturing as a key industry for economic growth. Apart from IBM, 75 other semiconductor-related companies have made new investments in the state. And since the introduction of Green CHIPS, total investments have reached $112 billion.</p>
<p>On concerns surrounding the high cost of living and labor costs associated with New York City, Knight said that cities in upstate New York, such as Albany, Syracuse, Rochester and Buffalo, offer affordability and have cheaper sources of clean power.</p>
<p>As head of ESD, Knight works closely with Gov. Kathy Hochul in developing the state economy through various measures like financing, subsidies, and tax breaks. As of 2022, ESD has been involved in at least 190 projects.</p>',
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			'section_summary' => 'Empire State Development (ESD), the umbrella organization for New York's two main economic development corporations, wants more Japanese chip industry suppliers to open operations in the state to support the upcoming manufacturing facilities of Micron Technology, the world's fourth-largest semiconductor company.',
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			'id' => '545694',
			'title' => 'Toyota unveils $1.4 billion investment in Indiana to make more electric vehicles',
			'description_old' => null,
			'description' => 'Toyota, the world's largest automaker, has announced a $1.4 billion expansion of its factory in the U.S. state of Indiana to produce electric vehicles (EVs) starting in 2026. With the new expansion, Toyota Motor Manufacturing Indiana will become the company's second EV production facility in the United States.',
			'credit_id' => '48',
			'image' => null,
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			'url' => 'toyota-unveils-14-billion-investment-in-indiana-to-make-more-electric-vehicles',
			'tags' => 'US, Japan, Indiana, Electric Vehicles',
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			'content' => '<p>Toyota, the world&rsquo;s largest automaker, has announced a $1.4 billion expansion of its factory in the U.S. state of Indiana to produce electric vehicles (EVs) starting in 2026. With the new expansion, Toyota Motor Manufacturing Indiana will become the company&rsquo;s second EV production facility in the United States.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-3-Toyota-EVs.jpg" alt="" />
<figcaption class="image-caption">Toyota Motor Manufacturing Indiana President Tim Hollander (Source: PR Newswire)</figcaption>
</figure>
<p>According to Nikkei Asia, the investment will create 340 new high-quality jobs and increase the company&rsquo;s total number of employees in Indiana to around 8,000. The expansion also raises</p>
<p>Toyota&rsquo;s total investment in the state to $8 billion, Green Car Congress reported. <br /><br />Toyota&rsquo;s decision to increase EV production comes amid a surge in demand for its hybrid models, said CBT News.</p>
<p>In April, Toyota reported record annual sales for the fiscal year ending in March, surpassing the 10 million-unit mark for the first time. Its hybrid models have played a major role in growing the company&rsquo;s market share over the past year.</p>
<p>Toyota&rsquo;s only other EV factory in the United States is in Kentucky. The facility Georgetown is due to begin operations next year.</p>
<p>"Since 2021, Toyota has announced new investments totaling $18.6 billion into its U.S. manufacturing operations to support electrification efforts," the company said.</p>',
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			'id' => '545689',
			'title' => 'Singapore: A fertile ground for Edtech ',
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			'description' => 'Globally, education technology (Edtech) is a rapidly growing sector. According to Precision Report's EdTech Market Research Report 2024, the global Edtech market size was valued at $115 billion in 2021 and is expected to reach $467 billion by 2027. ',
			'credit_id' => '48',
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			'url' => 'singapore-a-fertile-ground-for-edtech',
			'tags' => 'Japan, Singapore, Education',
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			'content' => '<p>Globally, education technology (Edtech) is a rapidly growing sector. According to Precision Report&rsquo;s EdTech Market Research Report 2024, the global Edtech market size was valued at $115 billion in 2021 and is expected to reach $467 billion by 2027.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-2-SG-Education.jpg" alt="" />
<figcaption class="image-caption">Starting them young: Singapore's education system has gained admiration from around the world.</figcaption>
</figure>
<p>Singapore has stood out as one of the most fertile grounds for the sector&rsquo;s growth. The origins of Singapore&rsquo;s thriving Edtech sector can be traced back to 2014, when the country&rsquo;s national government enacted its Smart Nation initiative, which required schools to incorporate innovation and technology in the daily lives of Singaporean families.</p>
<p>According to UNESCO, the challenge for schools was to create meaningful learning experiences that reflected such integration, which meant that highly qualified faculty must constantly be engaged in research and innovation. Otherwise, how can one teach about advancements while experiencing none?</p>
<p>Since the enactment of the Smart Nation initiative, there have been more than 790 Edtech startups launched in Singapore. Today, the government continues to invest heavily in training its future labor pool. <br /><br />Aside from encouraging life-long learning, the city-state&rsquo;s government has also rolled out other initiatives to boost the growth of Edtech in Singapore, like an ICT masterplan, infrastructure upgrades, accelerator programs, increased connectivity in schools, and access to learning resources and opportunities for collaborations for schools and startups.</p>
<p>Those looking to start or invest in an Edtech venture will reap many benefits by betting on Singapore.</p>',
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			'title' => 'Columbia University seeks closer partnerships with Japan ',
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			'description' => 'The Japan Study Student Association at Columbia University's School of International and Public Affairs organized a visit to Japan in March to allow some of its members to learn more about the country's government, people, culture, and food.',
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			'content' => '<p>The Japan Study Student Association at <strong>Columbia University&rsquo;s School of International and Public Affairs </strong>organized a visit to Japan in March to allow some of its members to learn more about the country&rsquo;s government, people, culture, and food.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-2-NYNJ-JASSA-Education.jpg" alt="" />
<figcaption class="image-caption">JASSA representatives during their Japan trip</figcaption>
</figure>
<p>&ldquo;The Japan trip was a phenomenal opportunity not only from a career development perspective but also from a personal development perspective,&rdquo; JASSA Representative Daniel Alvarez said in an article posted on SIPA&rsquo;s website.</p>
<p>&ldquo;Speaking with top politicians, participating in cultural ceremonies, learning about critical events in Japan&rsquo;s history, experiencing the excellent cuisine, and enjoying the nightlife with new friends made for a very well-rounded trip and once-in-a-lifetime experience,&rdquo; Alvarez added.</p>
<p>For SIPA students who want to join future Japan trips, Alvarez encouraged fellow members to attend upcoming JASSA events so they can express their interest to the organizers. The trip was just one of many events of SIPA to bolster U.S.-Japan cooperation.</p>
<p>In June 2023<strong>, SIPA Dean Keren Yarhi-Milo</strong> visited the University of Tokyo's Graduate School of Public Policy, a fellow member of the Global Public Policy Network, where she held pivotal discussions to enhance cross-cultural exchange. <br /><br />In interviews with local media, including Nikkei Asia and TV Tokyo, Yarhi-Milo highlighted SIPA's commitment to integrating Japanese perspectives within its academic community.</p>
<p>&ldquo;We want our students and our faculty to be involved and engaged with Japan,&rdquo; said Yarhi-Milo as she recognized the country&rsquo;s significant economic and strategic influence in East Asia.</p>',
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	(int) 9 => array(
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			'id' => '545691',
			'title' => '3 reasons Japan-Cambodia education partnerships are thriving',
			'description_old' => null,
			'description' => 'As Cambodia and Japan commemorate 70 years of diplomatic relations, the two nations look forward to a new era in their partnership as they seek fresh fields of collaboration. More and more Japanese recognize Cambodia's untapped potential and hope to play a role in the development of its population.',
			'credit_id' => '48',
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			'url' => '3-reasons-japan-cambodia-education-partnerships-are-thriving',
			'tags' => 'Japan, Cambodia, Education',
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			'content' => '<p>As Cambodia and Japan commemorate 70 years of diplomatic relations, the two nations look forward to a new era in their partnership as they seek fresh fields of collaboration. More and more Japanese recognize Cambodia&rsquo;s untapped potential and hope to play a role in the development of its population.</p>
<p>For instance, the increased prominence of the <strong>Institute of Technology of Cambodia </strong>among the expatriate population reveals three key reasons Cambodia&rsquo;s educational landscape has attracted the attention of the Japanese community.</p>
<p>&nbsp;</p>
<p><span style="font-family: helvetica; font-size: 16pt;"><strong>The population is young, growing and mobile</strong></span></p>
<p>&nbsp;</p>
<p>CiteSeerX reports that nearly 70% of Cambodians are 29-years old and younger. <br /><br />&ldquo;Among Cambodia&rsquo;s younger generation, the literacy rate is reported to be quite high because of increasing opportunities for education. The gender gap among young adults is not so substantial, although some age group differences exist,&rdquo; Japan International Cooperation Agency said in its 2023 Country Study.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-2-CAMB-Japan-Education.jpg" alt="" />
<figcaption class="image-caption">Institute of Technology of Cambodia Rector Dr. Po Kimtho (left) and Kanazawa University President Takashi Wada (right)</figcaption>
</figure>
<p>&ldquo;This implies that very well-targeted literacy education by age, sex, geography, time of the class, and contents of the class will likely bring about significant domestic and foreign partnerships in Cambodia&rsquo;s education sector,&rdquo; the study added.An example of such a partnership is that between ITC and Panasonic Cambodia. ITC is one of only two institutions in the kingdom to receive scholarships from Panasonic Cambodia, the local subsidiary of Japanese tech giant Panasonic Group. Panasonic Cambodia Country Head Yosunoby Matsumoto said the initiative will be a means to &ldquo;maximize workforce potential, fostering growth, and nurturing the next generation of leaders.&rdquo;</p>
<p>According to Matsumoto, Panasonic Cambodia recognizes the talented local science and technology students and continues to invest in their capacity building to develop the next generation of technology business leaders that will allow them to participate in a global economy.</p>
<p><strong>&nbsp;</strong></p>
<p><span style="font-size: 16pt;"><strong><span style="font-family: helvetica;">It is open to international collaboration</span> </strong></span></p>
<p>&nbsp;</p>
<p>Cambodia is home to more than 128 higher education institutions, at least 45 of which (including ITC) have active international partnerships with universities and organizations abroad. ITC&rsquo;s outreach activities have helped position itself as an ideal partner for Japanese ventures.</p>
<p>Last year, the deputy director of ITC, along with six other academic delegates, visited the Tokyo Institute of Technology (Tokyo Tech), to partake in the training course &ldquo;Project for Strengthening Engineering Education and Research for Industrial Development in Cambodia,&rdquo; organized by JICA.</p>
<p>Subsequently, JICA formalized an agreement with ITC to strengthen engineering education and research in industrial development in Cambodia</p>
<p>&nbsp;</p>
<p><span style="font-family: helvetica; font-size: 16pt;"><strong>A growing vocationally and technically proficient workforce</strong></span></p>
<p>&nbsp;</p>
<p>&ldquo;Strengthening technical and vocational training is pivotal to attracting Japanese investment in Cambodia,&rdquo; said Labor and Vocational Training Minister Heng Sour, who urged JICA to persist in developing human resources in these domains, a statement that JICA President Sanui Kazumasa agreed with.</p>
<p>ITC, a partner of JICA, produces approximately 3,700 undergraduate and graduate students specializing in science, technology, and engineering.</p>',
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			'id' => '545686',
			'title' => 'Japan's JERA and Inpex to invest in separate U.S. ammonia projects',
			'description_old' => null,
			'description' => 'To bolster Japan's clean energy initiatives, two major Japanese energy companies, JERA and Inpex, are preparing to invest in separate projects in the United States that will produce ammonia for clean-burning power generation in Japan, Nikkei Asia reports. ',
			'credit_id' => '48',
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			'url' => 'japans-jera-and-inpex-to-invest-in-separate-us-ammonia-projects',
			'tags' => 'US, Japan, Investment, Green Energy',
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			'content' => '<p>To bolster Japan's clean energy initiatives, two major Japanese energy companies,<strong> JERA</strong> and <strong>Inpex</strong>, are preparing to invest in separate projects in the United States that will produce ammonia for clean-burning power generation in Japan, Nikkei Asia reports.</p>
<figure class="image-container floated-right" style="float: right;"><img class="align-right" src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-2-JERA-and-Inpex.jpg" alt="" />
<figcaption class="image-caption">Inpex President Takayuki Ueda</figcaption>
</figure>
<p><strong>JERA Global CEO and Chair Yukio Kani </strong>and<strong> Inpex President Takayuki Ueda</strong> confirmed the investments with local U.S. media at the CERAWeek 2024 energy industry conference held in Houston, Texas.</p>
<p>JERA, a joint venture between Tokyo Electric Power and Chubu Electric Power, announced its partnership with Oklahoma-based green energy company, Greenfield Energy. Together, they will build a facility in Louisiana to produce green ammonia using renewable energy sources.</p>
<p>Kani also confirmed to media that JERA will hire more people at its U.S. arm, aiming to expand the workforce by 30% after a year to around 250 employees.</p>
<p>On the other hand, Inpex, a leading oil and gas exploration and production company, is exploring opportunities in Texas to establish its own ammonia production facility.</p>
<p>According to Nikkei Asia, Inpex plans to produce 1.1 million tons of ammonia annually in Houston by 2027.</p>
<p>The investments by JERA and Inpex mark significant milestones in Japan's quest for cleaner energy alternatives.</p>',
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			'description' => 'To promote Japanese contribution to the United States' investment landscape, Prime Minister Fumio Kishida visited North Carolina in April to tour the site of Toyota Motor Corp.'s electric and hybrid battery plant in the city of Greensboro.',
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			'content' => '<p>To promote Japanese contribution to the United States&rsquo; investment landscape, <strong>Prime Minister Fumio Kishida</strong> visited North Carolina in April to tour the site of Toyota Motor Corp.&rsquo;s electric and hybrid battery plant in the city of Greensboro.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-2-Kishida-Visit-to-NC.jpg" alt="" />
<figcaption class="image-caption">Japanese Prime Minister Fumio Kishida (center) visits Toyota's EV battery plant being built in North Carolina. (Photo source: Nikkei Asia)</figcaption>
</figure>
<p>Kishida&rsquo;s visit marked a historic moment in U.S.-Japan relations because it was the first time since 1891 that a foreign head of state visited the governor&rsquo;s mansion and the first time in a decade that a Japanese prime minister visited the state.</p>
<p>&ldquo;I am honored to be here in North Carolina to showcase the multilayered and strong ties between the United States and Japan,&rdquo; Kishida told guests at the luncheon at the state governor&rsquo;s mansion. He also lauded North Carolina for being a state &ldquo;at the forefront of the times.&rdquo;</p>
<p>Japan remains North Carolina&rsquo;s largest foreign direct investor, employing over 30,000 people in over 200 Japanese companies.</p>
<p>According to the Environmental Defense Fund, North Carolina leads all U.S. states in electric vehicle (EV) investment, attracting over $19 billion in the past year. This is attributed to its world-class infrastructure, skilled workforce, and favorable local policies.</p>
<p>Capitalizing on that environment, Japanese automakers have expanded their EV production capacity in the state. Toyota invested an additional $8 billion in its Greensboro battery plant, raising its total capital investment to around $14 billion and generating more than 5,000 new jobs.</p>
<p>Chiaki Takagi, a Japanese studies lecturer at the University of North Carolina Greensboro, highlighted the significance of Kishida&rsquo;s visit: &ldquo;This whole thing will provide the area with opportunities to be engaged in very active cultural exchange between Japan and the U.S.&rdquo;</p>',
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			'title' => 'Renowned U.S. chip designer wants to end Nvidia's global dominance',
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			'description' => 'Tenstorrent CEO Jim Keller, who worked for Intel, AMD and Tesla, said in an interview with Nikkei Asia that he wants to lower the price of AI applications by designing chips that are more efficient than Nvidia's and, in the process, end the American giant's global market dominance.',
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			'content' => '<p><strong>Tenstorrent CEO Jim Keller</strong>, who worked for Intel, AMD and Tesla, said in an interview with Nikkei Asia that he wants to lower the price of AI applications by designing chips that are more efficient than Nvidia's and, in the process, end the American giant&rsquo;s global market dominance.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-13-Tenstorrent.jpg" alt="" />
<figcaption class="image-caption">Tenstorrent CEO Jim Keller (Photo source: Tenstorrent)</figcaption>
</figure>
<p>Headquartered in Toronto, Tenstorrent has offices in Austin, Texas and Santa Clara, California, as well as in Belgrade, Tokyo, Bangalore, and Seoul. The company claims to be developing AI processors that perform as efficiently as Nvidia's AI GPUs but at a lower cost.</p>
<p>At present, Nvidia is the global market leader when it comes to AI chips. Its AI accelerators command between 70% and 95% of the global market share, according to CNBC.</p>
<p>Keller also said in the interview that Tenstorrent hopes to sell its second-generation multipurpose AI chip by the end of this year.</p>
<p>According to Keller, Tenstorrent can achieve its objective because it does not use high-bandwidth memory (HBM), a popular type of advanced memory chip capable of transferring large amounts of data quickly. HBM is a vital component for generative AI chips and has played a significant role in the success of Nvidia's offerings.</p>
<p>But Keller pointed out that HBM was also one of the culprits behind the massive energy consumption and high prices of AI chips.</p>
<p>"Even the people that use HBM struggle with the cost of it, [and] the design time to build it,&rdquo; 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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			'description' => 'Tokyo-based trading giant ITOCHU secured a contract to develop and test AI systems that will help run the transportation network and energy infrastructure of a future smart city project in southern Taiwan, according to a company press release.',
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			'content' => '<p>Tokyo-based trading giant <strong>ITOCHU</strong> secured a contract to develop and test AI systems that will help run the transportation network and energy infrastructure of a future smart city project in southern Taiwan, according to a company press release.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-13-ITOCHU-Taiwan.jpg" alt="" />
<figcaption class="image-caption">ITOCHU plans to roll out AI-powered buses for Taiwan's new smart city project in Tainan. (Photo source: Nikkei Asia)</figcaption>
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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&rsquo;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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			'title' => 'Melexis opens its largest wafer testing site in Malaysia',
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			'description' => 'Belgium-based supplier of semiconductor solutions Melexis has opened its largest wafer testing site worldwide in Kuching in the Malaysian state of Sarawak to strengthen its presence in Asia-Pacific and meet the rising demand for semiconductors around the world, according to a company announcement.',
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			'content' => '<p>Belgium-based supplier of semiconductor solutions <strong>Melexis</strong> has opened its largest wafer testing site worldwide in Kuching in the Malaysian state of Sarawak to strengthen its presence in Asia-Pacific and meet the rising demand for semiconductors around the world, according to a company announcement.</p>
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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>
</figure>
<p>Wafer testing is part of the manufacturing process wherein all individual integrated circuits are checked for functional defects through special test patterns.</p>
<p>According to Melexis, its expansion in Malaysia is a strategic move to streamline logistics and reduce its ecological footprint. Additionally, it selected Kuching because of its diverse, multilingual, entrepreneurial and highly skilled workforce.</p>
<p><strong>Melexis CEO Marc Biron </strong>said, &ldquo;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.&rdquo;</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&rsquo;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>&ldquo;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,&rdquo; <strong>Sarawak&rsquo;s Ministry of International Trade, Industry and Investment </strong>said in a statement<strong>.</strong></p>
<p>&ldquo;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,&rdquo; the statement also said.</p>',
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			'description' => 'Japanese trading giant ITOCHU announced this month it had invested in ZeroAvia, a British-American maker of hydrogen-electric engines for aircraft, according to a company statement.',
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			'content' => '<p>Japanese trading giant <strong>ITOCHU</strong> announced this month it had invested in <strong>ZeroAvia</strong>, a British-American maker of hydrogen-electric engines for aircraft, according to a company statement.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-13-Itochu-ZeroAvia.jpg" alt="" />
<figcaption class="image-caption">An aircraft powered by ZeroAvia's hydrogen-electric engines (Photo source: ZeroAvia)</figcaption>
</figure>
<p>Founded in 2018, ZeroAvia describes itself as &ldquo;a team of passionate innovators dedicated to bringing safe, zero-emission flight to aviation.&rdquo; The company claims its hydrogen-electric propulsion systems are &ldquo;the most environmentally friendly and economically attractive solution to aviation&rsquo;s growing climate change impact.&rdquo;</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&rsquo;s long-term goal of helping save the planet by decarbonizing the aviation industry.</p>',
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			'title' => 'Virginia is named the best U.S. state for business',
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			'description' => 'For the third time in the last five years, Virginia was ranked America's Top State for Business in 2024 by CNBC, which cited the state for having the best public schools in the country. It grabbed the top spot in 2007, 2009, 2011, 2019, and 2021.',
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			'content' => '<p>For the third time in the last five years,<strong> Virginia</strong> was ranked America&rsquo;s Top State for Business in 2024 by CNBC, which cited the state for having the best public schools in the country. It grabbed the top spot in 2007, 2009, 2011, 2019, and 2021.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-13-Virginia.jpg" alt="" />
<figcaption class="image-caption">Fairfax County Economic Development Authority President and CEO Victor Hoskins (Photo source: Fairfax County Economic Development Authority)</figcaption>
</figure>
<p>&ldquo;Congratulations to Virginia on being named America&rsquo;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,&rdquo; 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&rsquo;s 10 categories this year, &ldquo;a rare feat,&rdquo; 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&rsquo;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&rsquo;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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			'description' => 'The U.S. subsidiary of Japanese group FANUC, one of the world's largest makers of industrial robots, has opened a $110 million facility in Michigan to store, sell and maintain made-in-Japan industrial robots for North American customers, according to a statement from FANUC America.',
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			'content' => '<p>The U.S. subsidiary of Japanese group <strong>FANUC</strong>, one of the world&rsquo;s largest makers of industrial robots, has opened a $110 million facility in Michigan to store, sell and maintain made-in-Japan industrial robots for North American customers, according to a statement from FANUC America.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-13-FANUC.jpg" alt="" />
<figcaption class="image-caption">Michigan Gov. Gretchen Whitmer (center) with senior officers of FANUC America at its West Campus. (Photo source: FANUC America)</figcaption>
</figure>
<p>The new 650,000-square-foot facility was inaugurated on July 10 and is located in FANUC America&rsquo;s West Campus in Auburn Hills, Michigan. The expansion increases the company&rsquo;s footprint in Michigan to over 2 million square feet and is part of FANUC America&rsquo;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,&rdquo; <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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			'description' => 'K Health, a leading AI-driven primary care company that provides 24/7 virtual primary care solutions through its mobile app, announced this month that it had raised $50 million in funding led by Claure Group with participation from investors, including Pablo Legorreta (founder and CEO of Royalty Pharma) and Mangrove Capital Partners, Valor Equity Partners, and Atreides Management.',
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			'content' => '<p><strong>K Health</strong>, a leading AI-driven primary care company that provides 24/7 virtual primary care solutions through its mobile app, announced this month that it had raised $50 million in funding led by Claure Group with participation from investors, including Pablo Legorreta (founder and CEO of Royalty Pharma) and Mangrove Capital Partners, Valor Equity Partners, and Atreides Management.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-12-NYNJ-K-Health-Alan-Bloch.jpg" alt="" />
<figcaption class="image-caption">K Health founder and CEO Allon Bloch (Photo source: K Health)</figcaption>
</figure>
<p>K Health said in the same statement that it had been developing its own AI technology for more than seven years. Today, it can provide 24/7 virtual primary care solutions to millions of people in the United States.</p>
<p>The K Health platform includes clinical-grade medical chat and AI predictive models based on large datasets to help physicians optimize diagnosis and treatment and focus on patient care.</p>
<p>Instead of doctors taking patients through lengthy procedures and manually piecing together their medical history from electronic medical records, K Health allows healthcare providers to engage more quickly and closely with patients by giving them a complete medical chart with patient insights straight from the app.</p>
<p>According to K Health, this new model of care delivery achieves dramatically higher quality of care at lower costs compared to traditional primary care.</p>
<p>&ldquo;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,&rdquo; explained<strong> K Health founder and CEO Allon Bloch.</strong></p>
<p>&ldquo;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,&rdquo; 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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			'content' => '<p>Ontario-based multinational <strong>Lee Li Holdings (LLH)</strong> <strong>CEO Lee Q. Shim</strong> told <strong>Cambodian Prime Minister Hun Manet </strong>in a meeting at the capital Phnom Penh this month that his company was looking at investment opportunities in the country, including its automotive healthcare, gas and oil, food processing and logistics, automobiles, and exports accreditation sectors.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-12-CAMB-Li-Lee-Holdings.jpg" alt="" />
<figcaption class="image-caption">Cambodia Prime Minister Hun Manet (right) met with Lee Li Holdings President and CEO Lee Q. Shim (Ieft) in Phnom Penh this month. (Photo source: Office of the Prime Minister)</figcaption>
</figure>
<p>During the meeting, Manet pointed out that the <strong>Cambodia Chamber of Commerce</strong> had two representative offices in Canada (Toronto and Montreal) that promote bilateral trade and assist exporters and importers in their two countries.</p>
<p>&ldquo;Shim&rsquo;s visit will further contribute to the promotion of trade relations between Cambodia and Canada,&rdquo; 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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			'description' => 'National University Hospital (NUH), the main teaching hospital of the country's top-ranking National University of Singapore, announced this month the opening of a center focused on providing trauma care to vulnerable groups, particularly children, older adults, and migrant workers.',
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			'content' => '<p><strong>National University Hospital (NUH)</strong>, the main teaching hospital of the country&rsquo;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>&ldquo;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,&rdquo; 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&rsquo;s only pediatric kidney and liver transplant program.</p>',
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		'description' => 'Boston's Japanese food scene got more diverse with the opening in April of Sakabayashi Sushi Tavern, a subsidiary of Japan's largest conveyor-belt sushi chain, Sushiro. The restaurant is the first investment of its parent company, Food & Life Co., in the United States. ',
		'credit_id' => '48',
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		'content' => '<p>Boston&rsquo;s Japanese food scene got more diverse with the opening in April of Sakabayashi Sushi Tavern, a subsidiary of Japan&rsquo;s largest conveyor-belt sushi chain, Sushiro. The restaurant is the first investment of its parent company, <strong>Food &amp; Life Co.</strong>, in the United States.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-4-Sushiro.jpg" alt="" />
<figcaption class="image-caption">Food &amp; Life Companies USA President Yosuke Tanaka (Source: LinkedIn/Yosue Tanaka)</figcaption>
</figure>
<p>Sakabayashi retained the original restaurant&rsquo;s <em>izakaya </em>style of dining<em>, </em>wherein patrons can eat and drink in a casual setting. With menu items priced from under $10, the restaurant wants to attract a diverse crowd.</p>
<p>&ldquo;Ensuring affordability while providing an authentic Japanese experience to Americans is paramount. Eighty percent of our menu is recreated from Japan. Our raw ingredients are sourced from our global procurement chain,&rdquo; said <strong>Food &amp; Life Companies USA President Yosuke Tanaka.</strong></p>
<p>Although Sakabayashi Sushi Tavern is Food and Life&rsquo;s first foray in the country, the group has many years of international experience. With operations in eight countries, primarily in Asia, Food &amp; Life aims to generate $1.45 billion in overseas revenue by the end of the fiscal year 2026 by opening more conveyor-belt sushi restaurants in the United States.</p>
<p>&ldquo;Our priority is not limited to deploying our existing brand but also to discovering, developing, and expanding new brands and food-services formats through the reinforcement of our competitive advantages in ingredient development, procurement, and supply chain management,&rdquo; said <strong>Food &amp; Life Ltd. President and CEO Koichi Mizutome.</strong></p>
<p>Mizutome&rsquo;s confidence stems from the growing popularity of Japanese cuisine in the United States. In 2023, revenues of sushi restaurants in America grew by 4.5% and are expected to grow further, according to research firm IBIS World.</p>
<p>In the United States, ramen shops are also growing more popular as various Japanese chains, like Fukuoka and Ramen Santouka, plan to open more outlets across the country.</p>',
		'is_published' => true,
		'publication_date' => '2024-05-14',
		'date_issued' => null,
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		'source_id' => '3',
		'special_feature_id' => null,
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	'id' => '545700',
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$imgg = ''
include - APP/View/Featuresite/upcomingfeaturelist.ctp, line 53
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 963
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 108

Notice (8): Undefined index: SpecialFeature [APP/View/Featuresite/upcomingfeaturelist.ctp, line 53]
Code Context
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                            }else{
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			'title' => 'Japan's largest conveyor-belt sushi chain rolls out in the U.S.',
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			'description' => 'Boston's Japanese food scene got more diverse with the opening in April of Sakabayashi Sushi Tavern, a subsidiary of Japan's largest conveyor-belt sushi chain, Sushiro. The restaurant is the first investment of its parent company, Food & Life Co., in the United States. ',
			'credit_id' => '48',
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			'url' => 'japans-largest-conveyor-belt-sushi-chain-rolls-out-in-the-us',
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			'content' => '<p>Boston&rsquo;s Japanese food scene got more diverse with the opening in April of Sakabayashi Sushi Tavern, a subsidiary of Japan&rsquo;s largest conveyor-belt sushi chain, Sushiro. The restaurant is the first investment of its parent company, <strong>Food &amp; Life Co.</strong>, in the United States.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-4-Sushiro.jpg" alt="" />
<figcaption class="image-caption">Food &amp; Life Companies USA President Yosuke Tanaka (Source: LinkedIn/Yosue Tanaka)</figcaption>
</figure>
<p>Sakabayashi retained the original restaurant&rsquo;s <em>izakaya </em>style of dining<em>, </em>wherein patrons can eat and drink in a casual setting. With menu items priced from under $10, the restaurant wants to attract a diverse crowd.</p>
<p>&ldquo;Ensuring affordability while providing an authentic Japanese experience to Americans is paramount. Eighty percent of our menu is recreated from Japan. Our raw ingredients are sourced from our global procurement chain,&rdquo; said <strong>Food &amp; Life Companies USA President Yosuke Tanaka.</strong></p>
<p>Although Sakabayashi Sushi Tavern is Food and Life&rsquo;s first foray in the country, the group has many years of international experience. With operations in eight countries, primarily in Asia, Food &amp; Life aims to generate $1.45 billion in overseas revenue by the end of the fiscal year 2026 by opening more conveyor-belt sushi restaurants in the United States.</p>
<p>&ldquo;Our priority is not limited to deploying our existing brand but also to discovering, developing, and expanding new brands and food-services formats through the reinforcement of our competitive advantages in ingredient development, procurement, and supply chain management,&rdquo; said <strong>Food &amp; Life Ltd. President and CEO Koichi Mizutome.</strong></p>
<p>Mizutome&rsquo;s confidence stems from the growing popularity of Japanese cuisine in the United States. In 2023, revenues of sushi restaurants in America grew by 4.5% and are expected to grow further, according to research firm IBIS World.</p>
<p>In the United States, ramen shops are also growing more popular as various Japanese chains, like Fukuoka and Ramen Santouka, plan to open more outlets across the country.</p>',
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			'title' => 'Impostor Syndrome and The Incomplete Leader',
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			'description' => 'Now that everyone's details, accomplishments, and track record are easily fact-checked and reviewed on the internet, there has been a rise in the number of anxiety-riddled executives. The same tool used for work productivity has also been a source of consternation.',
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			'url' => 'impostor-syndrome-and-the-incomplete-leader',
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			'content' => '<p>The notion that &ldquo;leaders have to be flawless&rdquo; is starting to disappear. Access to unlimited information, a.k.a. the Internet, should have changed this perception ages ago.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-3-SG-Impostor-Syndrome.jpg" alt="" />
<figcaption class="image-caption">The workplace has evolved to become a more forgiving place for its leaders. (Illustration by Lianne Dominguez)</figcaption>
</figure>
<p>But now that everyone&rsquo;s details, accomplishments, and track record are easily fact-checked and reviewed on the internet, there has been a rise in the number of anxiety-riddled executives. The same tool used for work productivity has also been a source of consternation.</p>
<p>The pressure to have intellectual and interpersonal superiority is at an all-time high. According to the National Library of Medicine, impostor syndrome (IS) is a behavioral health phenomenon described as self-doubt of intellect, skills, or accomplishments among high-achieving individuals. Yes! The seemingly poised manager could be a fa&ccedil;ade.</p>
<p>Despite the tremendous pressure for perfection, an article in Harvard Business Review offers a solution to ease some caffeine-stimulated corporate minds. The authors, in praise of &ldquo;The Incomplete Leader,&rdquo; recommend embracing imperfections to strengthen one&rsquo;s leadership abilities. It also said that organizations were evolving to become more collaborative than hierarchical.</p>
<p>Decisions should often be made in the context of the open economy, therefore as no senior executive has a monopoly on knowledge. The overarching theme was that: Leaders should determine the right colleague to handle areas of their perceived weaknesses.&nbsp;</p>
<p>In fact, four leadership capabilities are developed during this process: sense-making, relating, visioning, and inventing.</p>
<p>Arguably, many teams have adopted the practice of &ldquo;excellence&rdquo; over &ldquo;perfection&rdquo;. The culture of excellence, while forgiving mistakes and considering personal limitations, does not absolve leaders and team members from giving their best.</p>
<p>Accepting the new demands and realities of a hybrid workplace, especially for leaders, will empower and not overwhelm the incomplete leader.</p>',
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			'title' => 'Brewing success: How leadership catapulted Paradox Brewery to new heights',
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			'description' => 'Paradox Brewery President and founder Paul Mrocka is widely credited for driving the New York-based to new levels of success through strategic planning, data-driven decision-making, and effective international partnerships.',
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			'url' => 'brewing-success-how-leadership-catapulted-paradox-brewery-to-new-heights',
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			'content' => '<p><strong>Paradox Brewery President and founder Paul Mrocka </strong>is widely credited for driving the New York-based to new levels of success through strategic planning, data-driven decision-making, and effective international partnerships.</p>
<p>According to Mrocka, data isn't just numbers at Paradox Brewery. It's a roadmap to success.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-3-NYNJ-Paradox-Brewery.jpg" alt="" />
<figcaption class="image-caption">Paradox Brewery President and founder Paul Mrocka</figcaption>
</figure>
<p>In an interview with GMI POST, Mrocka emphasized their reliance on Information Resources, Inc. (IRI) data to understand market trends, consumer preferences, and competitor strategies.</p>
<p>&ldquo;We're very competitive in our prices and a data-driven company. We tell stories with this data that we buy. And we use that data to go to the buyer and talk to them about it,&rdquo; he said.</p>
<p>By leveraging IRI&rsquo;s data, Paradox Brewery gains insights that shape its marketing strategies and product development, ensuring it stays ahead in the fiercely competitive craft beer market.</p>
<p>Paradox Brewery isn't afraid to think big either. </p>
<p>&ldquo;You have to put the time in. You have to show up and get face-to-face with these people because there has to be a degree of comfort on both sides of the arrangement to buy beer from the other side of the planet,&rdquo;<strong> Director of Operations Devon Hamilton </strong>said about plans to expand globally.</p>
<p>By nurturing strong relationships with international partners, Paradox Brewery secures distribution channels and builds a global brand presence, Hamilton also said.</p>
<p>For Paradox Brewery, success isn't just about reacting to market trends but about anticipating and shaping them. Through constant planning and adaptation, the company stays at the forefront of innovation, offering a diverse and appealing portfolio to its customers.</p>
<p>&ldquo;We all sit down, talk about what did well last year, what we think we should bring back for next year, what the upcoming trends are, and argue about what our portfolio will be,&rdquo; Hamilton said.</p>
<p>As Paradox Brewery expands both domestically and internationally, the skills and dedication of its leaders will ensure the New York brand remains a beloved brand in the craft beer industry.</p>',
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			'title' => 'What Cambodia's honey industry can teach businesses ',
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			'description' => 'In 2021, Cambodia's government awarded its first geographic indication (GI) label for the wild honey harvested in Mondulkiri Province. The protected GI label, granted to local products with distinctive regional qualities, has elevated the profile of Cambodian honey on the global stage.',
			'credit_id' => '48',
			'image' => null,
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			'url' => 'what-cambodias-honey-industry-can-teach-businesses',
			'tags' => 'Cambodia, Leadership, Management, Agriculture, Honey',
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			'content' => '<p>Cambodia&rsquo;s honey industry has experienced steady growth in recent years. In 2021, the government awarded its first geographic indication (GI) label for the wild honey harvested in Mondulkiri Province. The protected GI label, granted to local products with distinctive regional qualities, has elevated the profile of Cambodian honey on the global stage.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-3-CAMB-Honey.jpg" alt="" />
<figcaption class="image-caption">Cambodia Honey Association Executive Director Sem Sreytouch</figcaption>
</figure>
<p>Although varieties like Modulkiri money have been harvested in Cambodia for centuries, efforts to streamline and formalize the industry&rsquo;s value chain are relatively recent and spearheaded by the Cambodia Honey Association (CHA), the main advocacy group representing the sector&rsquo;s stakeholders.</p>
<p>In an interview with GMI POST, CHA underscored the necessary steps to invigorate the industry while providing insight into navigating business in an emerging market landscape.&nbsp;</p>
<p><strong>&nbsp;</strong></p>
<p><span style="font-family: helvetica; font-size: 18pt;"><strong>Collaboration over competition </strong></span></p>
<p><strong>&nbsp;</strong></p>
<p><strong>CHA Executive Director Sem Sreytouch </strong>emphasizes the importance of shifting industry stakeholders&rsquo; mindset from competition to collaboration.</p>
<p>&ldquo;One of our main advocacies is to enact a change in mindset among Cambodian honey growers, apiaries, and other stakeholders in the value chain. A united front is required to elevate the overall standards of the Cambodian honey industry&rdquo; she said.</p>
<p><strong>&nbsp;</strong></p>
<p><span style="font-family: helvetica; font-size: 18pt;"><strong>Prioritize capacity building</strong></span></p>
<p><strong>&nbsp;</strong></p>
<p><strong>Peter Batt, Ph.D of Curtin University,</strong> also a fellow of the International Horticultural Congress, stressed the need for education and capacity-building at the grassroots level in emerging markets like Cambodia.</p>
<p>&ldquo;A key aspect of addressing challenges in Cambodia, particularly within the honey industry, was capacity building of smallholder farmers and empowering those farmers with basic and practical skills to help them grasp what it takes to thrive in trade,&rdquo; he said.</p>
<p><strong>&nbsp;</strong></p>
<p><span style="font-size: 1*pt;"><strong><span style="font-family: helvetica;">Explore untapped resources</span> </strong></span></p>
<p>&nbsp;</p>
<p>CHA also highlighted Cambodia's rich geographic diversity as a wellspring of untapped potential for future GI labels, such as honey from the lesser-known Tonle Sap Lake region. <strong>Dr. Try Yong</strong>, a beekeeping expert and an advisor to the Royal Ministry of Agriculture, underscored Cambodia&rsquo;s abundance of untapped honey collection areas in the rest of the country.</p>
<p>&ldquo;Regions like Tone Sap Lake and the western coasts offer promising opportunities. Despite the vast forests from which much of our honey originates, many areas lack GI certification, signaling significant untapped potential and future business opportunities for our kingdom,&rdquo; he said.</p>',
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			'id' => '545692',
			'title' => 'Wisconsin to give multimillion tax incentive to Kikkoman for new expansion',
			'description_old' => null,
			'description' => 'Kikkoman Foods Inc. has broken ground for its third manufacturing plant in Jefferson County and an expansion to its existing plant in neighboring Walworth County, Wisconsin. To support this fresh investment, the Wisconsin Economic Development Corp. (WEDC) plans to provide the Japanese soy sauce maker up to $15.5 million in performance-based tax credits.',
			'credit_id' => '48',
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			'url' => 'wisconsin-to-give-multimillion-tax-incentive-to-kikkoman-for-new-expansion',
			'tags' => 'US, Japan, Wisconsin, Economic Development, Food',
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			'content' => '<p>Kikkoman Foods Inc. has broken ground for its third manufacturing plant in Jefferson County and an expansion to its existing plant in neighboring Walworth County, Wisconsin. To support this fresh investment, the <strong>Wisconsin Economic Development Corp. (WEDC)</strong> plans to provide the Japanese soy sauce maker up to $15.5 million in performance-based tax credits.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-3-Kikkoman-Wisconsin.jpg" alt="" />
<figcaption class="image-caption">Wisconsin Economic Development Corporation CEO and Secretary Missy Hughes (Source: Milwaukee Business Journal)</figcaption>
</figure>
<p>Kikkoman&rsquo;s expansion in Wisconsin will inject $800 million into the state&rsquo;s economy and create 83 new jobs over the next decade. The Walworth facility, opened in 1973, is the company&rsquo;s highest-producing soy sauce factory globally.</p>
<p>Meanwhile, the plant in Jefferson City is scheduled to start operations in 2026 and will focus on soy sauce-related products, like teriyaki sauce. Aside from enhancing efficiency and scalability, the facility will bolster Kikkoman&rsquo;s sustainability efforts by using renewable energy sources and equipment with lower CO2 emissions.</p>
<p><strong>WEDC Secretary and CEO Missy Hughes</strong> welcomed the announcement: &ldquo;Fifty years ago, Kikkoman made history by choosing Walworth, Wisconsin for its first international brewing plant. Now, by expanding its presence in Jefferson, Kikkoman is opening a new chapter in its history.&rdquo;</p>
<p><strong>Jefferson City Mayor Dale Oppermann</strong> expressed appreciation for Kikkoman&rsquo;s continued trust in the region: &ldquo;Kikkoman&rsquo;s decision to invest in Jefferson underscores the strength and appeal of our local food and beverage niche. We look forward to a long, prosperous partnership.&rdquo;</p>
<p>Meanwhile, <strong>Kikkoman Chair and honorary CEO Yuzauro Mogi </strong>said the company&rsquo;s choice of Wisconsin was rooted in several factors, among them its location, which provided convenient market access, as well as its skilled workforce, easy availability of raw materials, an abundance of clean water, the collaborative spirit of the local community.</p>
<p>&ldquo;We look forward to expanding our footprints in Wisconsin and establishing a supply chain with increased stability in North America,&rdquo; he also said.</p>
<p>Over the past five decades, Kikkoman has transformed rural Wisconsin through partnerships with the local community, donating more than $17 million to charitable organizations.</p>
<p>As one of the first production facilities set up by a Japanese company in the United States, the Walworth plant is seen as a valuable symbol of the close business and cultural partnership between the two countries.</p>
<p>&ldquo;Whether it&rsquo;s providing thousands of jobs, bolstering our economy or providing us and the world with phenomenal soy sauce, Kikkoman is doing good work across Wisconsin and the country. I am grateful for their continued partnership and expansion in Wisconsin,&rdquo; said <strong>Gov. Tony Evers</strong>.</p>',
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			'section_summary' => 'Kikkoman Foods Inc. has broken ground for its third manufacturing plant in Jefferson County and an expansion to its existing plant in neighboring Walworth County, Wisconsin. To support this fresh investment, the Wisconsin Economic Development Corp. (WEDC) plans to provide the Japanese soy sauce maker up to $15.5 million in performance-based tax credits.',
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		'Articles' => array(
			'id' => '545693',
			'title' => 'New York wants more Japanese chipmakers in the state',
			'description_old' => null,
			'description' => 'Empire State Development (ESD), the umbrella organization for New York's two main economic development corporations, wants more Japanese chip industry suppliers to open operations in the state to support the upcoming manufacturing facilities of Micron Technology, the world's fourth-largest semiconductor company.',
			'credit_id' => '48',
			'image' => null,
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			'url' => 'new-york-wants-more-japanese-chipmakers-in-the-state',
			'tags' => 'US, Japan, New York, Economic Development, IT',
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			'content' => '<p><strong>Empire State Development (ESD)</strong>, the umbrella organization for New York's two main economic development corporations, wants more Japanese chip industry suppliers to open operations in the state to support the upcoming manufacturing facilities of Micron Technology, the world&rsquo;s fourth-largest semiconductor company.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-3-Micron-NY.jpg" alt="" />
<figcaption class="image-caption">Empire State Development President Hope Knight (Source: Empire State Development)</figcaption>
</figure>
<p>&ldquo;Last year, we were able to attract Micron to central New York. With the large investment that Micron is making, $100 billion, we know that we have to build an ecosystem to support that activity. That's why we're here on this mission: to talk to Japanese firms, some of Micron's suppliers, to come and locate in New York,&rdquo; <strong>ESD President Hope Knight</strong> told Nikkei Asia.</p>
<p>While Knight did not name the companies she spoke to during her visit to Japan, she mentioned that some were &ldquo;very excited about the possibility&rdquo; of investing in the state.</p>
<p>Micron, the only memory and storage manufacturer in the United States, has announced plans to build a $100 billion &ldquo;mega fab,&rdquo; which will employ more than 9,000 people, near Syracuse in upstate New York.</p>
<p>Even before the CHIPS and Science Act became federal law in 2022, New York had unveiled its $10 billion program, called Green CHIPS, which offered tax incentives to chip manufacturers. Participants of Green CHIPS can benefit from zero corporate income tax rates and receive tax credits based on their capital spending and research and development expenditures.</p>
<p>&ldquo;We customize a package for you,&rdquo; said Knight, who emphasized that incentives are tailored based on various factors, like the number of jobs created and size of investment.</p>
<p>The ESD president highlighted the importance of bringing back chip manufacturing to the United States, citing national security concerns and geopolitical trends, and underscored New York's manufacturing legacy and its readiness to revive its manufacturing sector.</p>
<p>New York has prioritized chip manufacturing as a key industry for economic growth. Apart from IBM, 75 other semiconductor-related companies have made new investments in the state. And since the introduction of Green CHIPS, total investments have reached $112 billion.</p>
<p>On concerns surrounding the high cost of living and labor costs associated with New York City, Knight said that cities in upstate New York, such as Albany, Syracuse, Rochester and Buffalo, offer affordability and have cheaper sources of clean power.</p>
<p>As head of ESD, Knight works closely with Gov. Kathy Hochul in developing the state economy through various measures like financing, subsidies, and tax breaks. As of 2022, ESD has been involved in at least 190 projects.</p>',
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			'id' => '545694',
			'title' => 'Toyota unveils $1.4 billion investment in Indiana to make more electric vehicles',
			'description_old' => null,
			'description' => 'Toyota, the world's largest automaker, has announced a $1.4 billion expansion of its factory in the U.S. state of Indiana to produce electric vehicles (EVs) starting in 2026. With the new expansion, Toyota Motor Manufacturing Indiana will become the company's second EV production facility in the United States.',
			'credit_id' => '48',
			'image' => null,
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			'url' => 'toyota-unveils-14-billion-investment-in-indiana-to-make-more-electric-vehicles',
			'tags' => 'US, Japan, Indiana, Electric Vehicles',
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			'content' => '<p>Toyota, the world&rsquo;s largest automaker, has announced a $1.4 billion expansion of its factory in the U.S. state of Indiana to produce electric vehicles (EVs) starting in 2026. With the new expansion, Toyota Motor Manufacturing Indiana will become the company&rsquo;s second EV production facility in the United States.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-3-Toyota-EVs.jpg" alt="" />
<figcaption class="image-caption">Toyota Motor Manufacturing Indiana President Tim Hollander (Source: PR Newswire)</figcaption>
</figure>
<p>According to Nikkei Asia, the investment will create 340 new high-quality jobs and increase the company&rsquo;s total number of employees in Indiana to around 8,000. The expansion also raises</p>
<p>Toyota&rsquo;s total investment in the state to $8 billion, Green Car Congress reported. <br /><br />Toyota&rsquo;s decision to increase EV production comes amid a surge in demand for its hybrid models, said CBT News.</p>
<p>In April, Toyota reported record annual sales for the fiscal year ending in March, surpassing the 10 million-unit mark for the first time. Its hybrid models have played a major role in growing the company&rsquo;s market share over the past year.</p>
<p>Toyota&rsquo;s only other EV factory in the United States is in Kentucky. The facility Georgetown is due to begin operations next year.</p>
<p>"Since 2021, Toyota has announced new investments totaling $18.6 billion into its U.S. manufacturing operations to support electrification efforts," the company said.</p>',
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		'Articles' => array(
			'id' => '545689',
			'title' => 'Singapore: A fertile ground for Edtech ',
			'description_old' => null,
			'description' => 'Globally, education technology (Edtech) is a rapidly growing sector. According to Precision Report's EdTech Market Research Report 2024, the global Edtech market size was valued at $115 billion in 2021 and is expected to reach $467 billion by 2027. ',
			'credit_id' => '48',
			'image' => null,
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			'url' => 'singapore-a-fertile-ground-for-edtech',
			'tags' => 'Japan, Singapore, Education',
			'is_rss' => false,
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			'content_old' => null,
			'content' => '<p>Globally, education technology (Edtech) is a rapidly growing sector. According to Precision Report&rsquo;s EdTech Market Research Report 2024, the global Edtech market size was valued at $115 billion in 2021 and is expected to reach $467 billion by 2027.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-2-SG-Education.jpg" alt="" />
<figcaption class="image-caption">Starting them young: Singapore's education system has gained admiration from around the world.</figcaption>
</figure>
<p>Singapore has stood out as one of the most fertile grounds for the sector&rsquo;s growth. The origins of Singapore&rsquo;s thriving Edtech sector can be traced back to 2014, when the country&rsquo;s national government enacted its Smart Nation initiative, which required schools to incorporate innovation and technology in the daily lives of Singaporean families.</p>
<p>According to UNESCO, the challenge for schools was to create meaningful learning experiences that reflected such integration, which meant that highly qualified faculty must constantly be engaged in research and innovation. Otherwise, how can one teach about advancements while experiencing none?</p>
<p>Since the enactment of the Smart Nation initiative, there have been more than 790 Edtech startups launched in Singapore. Today, the government continues to invest heavily in training its future labor pool. <br /><br />Aside from encouraging life-long learning, the city-state&rsquo;s government has also rolled out other initiatives to boost the growth of Edtech in Singapore, like an ICT masterplan, infrastructure upgrades, accelerator programs, increased connectivity in schools, and access to learning resources and opportunities for collaborations for schools and startups.</p>
<p>Those looking to start or invest in an Edtech venture will reap many benefits by betting on Singapore.</p>',
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			'id' => '545690',
			'title' => 'Columbia University seeks closer partnerships with Japan ',
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			'description' => 'The Japan Study Student Association at Columbia University's School of International and Public Affairs organized a visit to Japan in March to allow some of its members to learn more about the country's government, people, culture, and food.',
			'credit_id' => '48',
			'image' => null,
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			'url' => 'columbia-university-seeks-closer-partnerships-with-japan',
			'tags' => 'US, Japan, Education',
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			'content' => '<p>The Japan Study Student Association at <strong>Columbia University&rsquo;s School of International and Public Affairs </strong>organized a visit to Japan in March to allow some of its members to learn more about the country&rsquo;s government, people, culture, and food.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-2-NYNJ-JASSA-Education.jpg" alt="" />
<figcaption class="image-caption">JASSA representatives during their Japan trip</figcaption>
</figure>
<p>&ldquo;The Japan trip was a phenomenal opportunity not only from a career development perspective but also from a personal development perspective,&rdquo; JASSA Representative Daniel Alvarez said in an article posted on SIPA&rsquo;s website.</p>
<p>&ldquo;Speaking with top politicians, participating in cultural ceremonies, learning about critical events in Japan&rsquo;s history, experiencing the excellent cuisine, and enjoying the nightlife with new friends made for a very well-rounded trip and once-in-a-lifetime experience,&rdquo; Alvarez added.</p>
<p>For SIPA students who want to join future Japan trips, Alvarez encouraged fellow members to attend upcoming JASSA events so they can express their interest to the organizers. The trip was just one of many events of SIPA to bolster U.S.-Japan cooperation.</p>
<p>In June 2023<strong>, SIPA Dean Keren Yarhi-Milo</strong> visited the University of Tokyo's Graduate School of Public Policy, a fellow member of the Global Public Policy Network, where she held pivotal discussions to enhance cross-cultural exchange. <br /><br />In interviews with local media, including Nikkei Asia and TV Tokyo, Yarhi-Milo highlighted SIPA's commitment to integrating Japanese perspectives within its academic community.</p>
<p>&ldquo;We want our students and our faculty to be involved and engaged with Japan,&rdquo; said Yarhi-Milo as she recognized the country&rsquo;s significant economic and strategic influence in East Asia.</p>',
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	(int) 9 => array(
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			'id' => '545691',
			'title' => '3 reasons Japan-Cambodia education partnerships are thriving',
			'description_old' => null,
			'description' => 'As Cambodia and Japan commemorate 70 years of diplomatic relations, the two nations look forward to a new era in their partnership as they seek fresh fields of collaboration. More and more Japanese recognize Cambodia's untapped potential and hope to play a role in the development of its population.',
			'credit_id' => '48',
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			'url' => '3-reasons-japan-cambodia-education-partnerships-are-thriving',
			'tags' => 'Japan, Cambodia, Education',
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			'content' => '<p>As Cambodia and Japan commemorate 70 years of diplomatic relations, the two nations look forward to a new era in their partnership as they seek fresh fields of collaboration. More and more Japanese recognize Cambodia&rsquo;s untapped potential and hope to play a role in the development of its population.</p>
<p>For instance, the increased prominence of the <strong>Institute of Technology of Cambodia </strong>among the expatriate population reveals three key reasons Cambodia&rsquo;s educational landscape has attracted the attention of the Japanese community.</p>
<p>&nbsp;</p>
<p><span style="font-family: helvetica; font-size: 16pt;"><strong>The population is young, growing and mobile</strong></span></p>
<p>&nbsp;</p>
<p>CiteSeerX reports that nearly 70% of Cambodians are 29-years old and younger. <br /><br />&ldquo;Among Cambodia&rsquo;s younger generation, the literacy rate is reported to be quite high because of increasing opportunities for education. The gender gap among young adults is not so substantial, although some age group differences exist,&rdquo; Japan International Cooperation Agency said in its 2023 Country Study.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-2-CAMB-Japan-Education.jpg" alt="" />
<figcaption class="image-caption">Institute of Technology of Cambodia Rector Dr. Po Kimtho (left) and Kanazawa University President Takashi Wada (right)</figcaption>
</figure>
<p>&ldquo;This implies that very well-targeted literacy education by age, sex, geography, time of the class, and contents of the class will likely bring about significant domestic and foreign partnerships in Cambodia&rsquo;s education sector,&rdquo; the study added.An example of such a partnership is that between ITC and Panasonic Cambodia. ITC is one of only two institutions in the kingdom to receive scholarships from Panasonic Cambodia, the local subsidiary of Japanese tech giant Panasonic Group. Panasonic Cambodia Country Head Yosunoby Matsumoto said the initiative will be a means to &ldquo;maximize workforce potential, fostering growth, and nurturing the next generation of leaders.&rdquo;</p>
<p>According to Matsumoto, Panasonic Cambodia recognizes the talented local science and technology students and continues to invest in their capacity building to develop the next generation of technology business leaders that will allow them to participate in a global economy.</p>
<p><strong>&nbsp;</strong></p>
<p><span style="font-size: 16pt;"><strong><span style="font-family: helvetica;">It is open to international collaboration</span> </strong></span></p>
<p>&nbsp;</p>
<p>Cambodia is home to more than 128 higher education institutions, at least 45 of which (including ITC) have active international partnerships with universities and organizations abroad. ITC&rsquo;s outreach activities have helped position itself as an ideal partner for Japanese ventures.</p>
<p>Last year, the deputy director of ITC, along with six other academic delegates, visited the Tokyo Institute of Technology (Tokyo Tech), to partake in the training course &ldquo;Project for Strengthening Engineering Education and Research for Industrial Development in Cambodia,&rdquo; organized by JICA.</p>
<p>Subsequently, JICA formalized an agreement with ITC to strengthen engineering education and research in industrial development in Cambodia</p>
<p>&nbsp;</p>
<p><span style="font-family: helvetica; font-size: 16pt;"><strong>A growing vocationally and technically proficient workforce</strong></span></p>
<p>&nbsp;</p>
<p>&ldquo;Strengthening technical and vocational training is pivotal to attracting Japanese investment in Cambodia,&rdquo; said Labor and Vocational Training Minister Heng Sour, who urged JICA to persist in developing human resources in these domains, a statement that JICA President Sanui Kazumasa agreed with.</p>
<p>ITC, a partner of JICA, produces approximately 3,700 undergraduate and graduate students specializing in science, technology, and engineering.</p>',
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			'id' => '545686',
			'title' => 'Japan's JERA and Inpex to invest in separate U.S. ammonia projects',
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			'description' => 'To bolster Japan's clean energy initiatives, two major Japanese energy companies, JERA and Inpex, are preparing to invest in separate projects in the United States that will produce ammonia for clean-burning power generation in Japan, Nikkei Asia reports. ',
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			'url' => 'japans-jera-and-inpex-to-invest-in-separate-us-ammonia-projects',
			'tags' => 'US, Japan, Investment, Green Energy',
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			'content' => '<p>To bolster Japan's clean energy initiatives, two major Japanese energy companies,<strong> JERA</strong> and <strong>Inpex</strong>, are preparing to invest in separate projects in the United States that will produce ammonia for clean-burning power generation in Japan, Nikkei Asia reports.</p>
<figure class="image-container floated-right" style="float: right;"><img class="align-right" src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-2-JERA-and-Inpex.jpg" alt="" />
<figcaption class="image-caption">Inpex President Takayuki Ueda</figcaption>
</figure>
<p><strong>JERA Global CEO and Chair Yukio Kani </strong>and<strong> Inpex President Takayuki Ueda</strong> confirmed the investments with local U.S. media at the CERAWeek 2024 energy industry conference held in Houston, Texas.</p>
<p>JERA, a joint venture between Tokyo Electric Power and Chubu Electric Power, announced its partnership with Oklahoma-based green energy company, Greenfield Energy. Together, they will build a facility in Louisiana to produce green ammonia using renewable energy sources.</p>
<p>Kani also confirmed to media that JERA will hire more people at its U.S. arm, aiming to expand the workforce by 30% after a year to around 250 employees.</p>
<p>On the other hand, Inpex, a leading oil and gas exploration and production company, is exploring opportunities in Texas to establish its own ammonia production facility.</p>
<p>According to Nikkei Asia, Inpex plans to produce 1.1 million tons of ammonia annually in Houston by 2027.</p>
<p>The investments by JERA and Inpex mark significant milestones in Japan's quest for cleaner energy alternatives.</p>',
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			'description' => 'To promote Japanese contribution to the United States' investment landscape, Prime Minister Fumio Kishida visited North Carolina in April to tour the site of Toyota Motor Corp.'s electric and hybrid battery plant in the city of Greensboro.',
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			'content' => '<p>To promote Japanese contribution to the United States&rsquo; investment landscape, <strong>Prime Minister Fumio Kishida</strong> visited North Carolina in April to tour the site of Toyota Motor Corp.&rsquo;s electric and hybrid battery plant in the city of Greensboro.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-2-Kishida-Visit-to-NC.jpg" alt="" />
<figcaption class="image-caption">Japanese Prime Minister Fumio Kishida (center) visits Toyota's EV battery plant being built in North Carolina. (Photo source: Nikkei Asia)</figcaption>
</figure>
<p>Kishida&rsquo;s visit marked a historic moment in U.S.-Japan relations because it was the first time since 1891 that a foreign head of state visited the governor&rsquo;s mansion and the first time in a decade that a Japanese prime minister visited the state.</p>
<p>&ldquo;I am honored to be here in North Carolina to showcase the multilayered and strong ties between the United States and Japan,&rdquo; Kishida told guests at the luncheon at the state governor&rsquo;s mansion. He also lauded North Carolina for being a state &ldquo;at the forefront of the times.&rdquo;</p>
<p>Japan remains North Carolina&rsquo;s largest foreign direct investor, employing over 30,000 people in over 200 Japanese companies.</p>
<p>According to the Environmental Defense Fund, North Carolina leads all U.S. states in electric vehicle (EV) investment, attracting over $19 billion in the past year. This is attributed to its world-class infrastructure, skilled workforce, and favorable local policies.</p>
<p>Capitalizing on that environment, Japanese automakers have expanded their EV production capacity in the state. Toyota invested an additional $8 billion in its Greensboro battery plant, raising its total capital investment to around $14 billion and generating more than 5,000 new jobs.</p>
<p>Chiaki Takagi, a Japanese studies lecturer at the University of North Carolina Greensboro, highlighted the significance of Kishida&rsquo;s visit: &ldquo;This whole thing will provide the area with opportunities to be engaged in very active cultural exchange between Japan and the U.S.&rdquo;</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&rsquo;s global market dominance.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-13-Tenstorrent.jpg" alt="" />
<figcaption class="image-caption">Tenstorrent CEO Jim Keller (Photo source: Tenstorrent)</figcaption>
</figure>
<p>Headquartered in Toronto, Tenstorrent has offices in Austin, Texas and Santa Clara, California, as well as in Belgrade, Tokyo, Bangalore, and Seoul. The company claims to be developing AI processors that perform as efficiently as Nvidia's AI GPUs but at a lower cost.</p>
<p>At present, Nvidia is the global market leader when it comes to AI chips. Its AI accelerators command between 70% and 95% of the global market share, according to CNBC.</p>
<p>Keller also said in the interview that Tenstorrent hopes to sell its second-generation multipurpose AI chip by the end of this year.</p>
<p>According to Keller, Tenstorrent can achieve its objective because it does not use high-bandwidth memory (HBM), a popular type of advanced memory chip capable of transferring large amounts of data quickly. HBM is a vital component for generative AI chips and has played a significant role in the success of Nvidia's offerings.</p>
<p>But Keller pointed out that HBM was also one of the culprits behind the massive energy consumption and high prices of AI chips.</p>
<p>"Even the people that use HBM struggle with the cost of it, [and] the design time to build it,&rdquo; 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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			'title' => 'ITOCHU to take part in Taiwan's smart city project ',
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			'description' => 'Tokyo-based trading giant ITOCHU secured a contract to develop and test AI systems that will help run the transportation network and energy infrastructure of a future smart city project in southern Taiwan, according to a company press release.',
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			'content' => '<p>Tokyo-based trading giant <strong>ITOCHU</strong> secured a contract to develop and test AI systems that will help run the transportation network and energy infrastructure of a future smart city project in southern Taiwan, according to a company press release.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-13-ITOCHU-Taiwan.jpg" alt="" />
<figcaption class="image-caption">ITOCHU plans to roll out AI-powered buses for Taiwan's new smart city project in Tainan. (Photo source: Nikkei Asia)</figcaption>
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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&rsquo;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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			'title' => 'Melexis opens its largest wafer testing site in Malaysia',
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			'description' => 'Belgium-based supplier of semiconductor solutions Melexis has opened its largest wafer testing site worldwide in Kuching in the Malaysian state of Sarawak to strengthen its presence in Asia-Pacific and meet the rising demand for semiconductors around the world, according to a company announcement.',
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			'content' => '<p>Belgium-based supplier of semiconductor solutions <strong>Melexis</strong> has opened its largest wafer testing site worldwide in Kuching in the Malaysian state of Sarawak to strengthen its presence in Asia-Pacific and meet the rising demand for semiconductors around the world, according to a company announcement.</p>
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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>
</figure>
<p>Wafer testing is part of the manufacturing process wherein all individual integrated circuits are checked for functional defects through special test patterns.</p>
<p>According to Melexis, its expansion in Malaysia is a strategic move to streamline logistics and reduce its ecological footprint. Additionally, it selected Kuching because of its diverse, multilingual, entrepreneurial and highly skilled workforce.</p>
<p><strong>Melexis CEO Marc Biron </strong>said, &ldquo;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.&rdquo;</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&rsquo;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>&ldquo;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,&rdquo; <strong>Sarawak&rsquo;s Ministry of International Trade, Industry and Investment </strong>said in a statement<strong>.</strong></p>
<p>&ldquo;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,&rdquo; 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 &ldquo;a team of passionate innovators dedicated to bringing safe, zero-emission flight to aviation.&rdquo; The company claims its hydrogen-electric propulsion systems are &ldquo;the most environmentally friendly and economically attractive solution to aviation&rsquo;s growing climate change impact.&rdquo;</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&rsquo;s long-term goal of helping save the planet by decarbonizing the aviation industry.</p>',
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			'title' => 'Virginia is named the best U.S. state for business',
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			'description' => 'For the third time in the last five years, Virginia was ranked America's Top State for Business in 2024 by CNBC, which cited the state for having the best public schools in the country. It grabbed the top spot in 2007, 2009, 2011, 2019, and 2021.',
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			'content' => '<p>For the third time in the last five years,<strong> Virginia</strong> was ranked America&rsquo;s Top State for Business in 2024 by CNBC, which cited the state for having the best public schools in the country. It grabbed the top spot in 2007, 2009, 2011, 2019, and 2021.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-13-Virginia.jpg" alt="" />
<figcaption class="image-caption">Fairfax County Economic Development Authority President and CEO Victor Hoskins (Photo source: Fairfax County Economic Development Authority)</figcaption>
</figure>
<p>&ldquo;Congratulations to Virginia on being named America&rsquo;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,&rdquo; 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&rsquo;s 10 categories this year, &ldquo;a rare feat,&rdquo; 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&rsquo;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&rsquo;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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			'title' => 'FANUC America unveils new $110m U.S. robot center in Michigan',
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			'description' => 'The U.S. subsidiary of Japanese group FANUC, one of the world's largest makers of industrial robots, has opened a $110 million facility in Michigan to store, sell and maintain made-in-Japan industrial robots for North American customers, according to a statement from FANUC America.',
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			'content' => '<p>The U.S. subsidiary of Japanese group <strong>FANUC</strong>, one of the world&rsquo;s largest makers of industrial robots, has opened a $110 million facility in Michigan to store, sell and maintain made-in-Japan industrial robots for North American customers, according to a statement from FANUC America.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-13-FANUC.jpg" alt="" />
<figcaption class="image-caption">Michigan Gov. Gretchen Whitmer (center) with senior officers of FANUC America at its West Campus. (Photo source: FANUC America)</figcaption>
</figure>
<p>The new 650,000-square-foot facility was inaugurated on July 10 and is located in FANUC America&rsquo;s West Campus in Auburn Hills, Michigan. The expansion increases the company&rsquo;s footprint in Michigan to over 2 million square feet and is part of FANUC America&rsquo;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,&rdquo; <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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			'title' => 'NY-based AI med tech startup raises $50 million',
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			'description' => 'K Health, a leading AI-driven primary care company that provides 24/7 virtual primary care solutions through its mobile app, announced this month that it had raised $50 million in funding led by Claure Group with participation from investors, including Pablo Legorreta (founder and CEO of Royalty Pharma) and Mangrove Capital Partners, Valor Equity Partners, and Atreides Management.',
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			'content' => '<p><strong>K Health</strong>, a leading AI-driven primary care company that provides 24/7 virtual primary care solutions through its mobile app, announced this month that it had raised $50 million in funding led by Claure Group with participation from investors, including Pablo Legorreta (founder and CEO of Royalty Pharma) and Mangrove Capital Partners, Valor Equity Partners, and Atreides Management.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-12-NYNJ-K-Health-Alan-Bloch.jpg" alt="" />
<figcaption class="image-caption">K Health founder and CEO Allon Bloch (Photo source: K Health)</figcaption>
</figure>
<p>K Health said in the same statement that it had been developing its own AI technology for more than seven years. Today, it can provide 24/7 virtual primary care solutions to millions of people in the United States.</p>
<p>The K Health platform includes clinical-grade medical chat and AI predictive models based on large datasets to help physicians optimize diagnosis and treatment and focus on patient care.</p>
<p>Instead of doctors taking patients through lengthy procedures and manually piecing together their medical history from electronic medical records, K Health allows healthcare providers to engage more quickly and closely with patients by giving them a complete medical chart with patient insights straight from the app.</p>
<p>According to K Health, this new model of care delivery achieves dramatically higher quality of care at lower costs compared to traditional primary care.</p>
<p>&ldquo;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,&rdquo; explained<strong> K Health founder and CEO Allon Bloch.</strong></p>
<p>&ldquo;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,&rdquo; 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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			'content' => '<p>Ontario-based multinational <strong>Lee Li Holdings (LLH)</strong> <strong>CEO Lee Q. Shim</strong> told <strong>Cambodian Prime Minister Hun Manet </strong>in a meeting at the capital Phnom Penh this month that his company was looking at investment opportunities in the country, including its automotive healthcare, gas and oil, food processing and logistics, automobiles, and exports accreditation sectors.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-12-CAMB-Li-Lee-Holdings.jpg" alt="" />
<figcaption class="image-caption">Cambodia Prime Minister Hun Manet (right) met with Lee Li Holdings President and CEO Lee Q. Shim (Ieft) in Phnom Penh this month. (Photo source: Office of the Prime Minister)</figcaption>
</figure>
<p>During the meeting, Manet pointed out that the <strong>Cambodia Chamber of Commerce</strong> had two representative offices in Canada (Toronto and Montreal) that promote bilateral trade and assist exporters and importers in their two countries.</p>
<p>&ldquo;Shim&rsquo;s visit will further contribute to the promotion of trade relations between Cambodia and Canada,&rdquo; 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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<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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		'description' => 'Now that everyone's details, accomplishments, and track record are easily fact-checked and reviewed on the internet, there has been a rise in the number of anxiety-riddled executives. The same tool used for work productivity has also been a source of consternation.',
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		'content' => '<p>The notion that &ldquo;leaders have to be flawless&rdquo; is starting to disappear. Access to unlimited information, a.k.a. the Internet, should have changed this perception ages ago.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-3-SG-Impostor-Syndrome.jpg" alt="" />
<figcaption class="image-caption">The workplace has evolved to become a more forgiving place for its leaders. (Illustration by Lianne Dominguez)</figcaption>
</figure>
<p>But now that everyone&rsquo;s details, accomplishments, and track record are easily fact-checked and reviewed on the internet, there has been a rise in the number of anxiety-riddled executives. The same tool used for work productivity has also been a source of consternation.</p>
<p>The pressure to have intellectual and interpersonal superiority is at an all-time high. According to the National Library of Medicine, impostor syndrome (IS) is a behavioral health phenomenon described as self-doubt of intellect, skills, or accomplishments among high-achieving individuals. Yes! The seemingly poised manager could be a fa&ccedil;ade.</p>
<p>Despite the tremendous pressure for perfection, an article in Harvard Business Review offers a solution to ease some caffeine-stimulated corporate minds. The authors, in praise of &ldquo;The Incomplete Leader,&rdquo; recommend embracing imperfections to strengthen one&rsquo;s leadership abilities. It also said that organizations were evolving to become more collaborative than hierarchical.</p>
<p>Decisions should often be made in the context of the open economy, therefore as no senior executive has a monopoly on knowledge. The overarching theme was that: Leaders should determine the right colleague to handle areas of their perceived weaknesses.&nbsp;</p>
<p>In fact, four leadership capabilities are developed during this process: sense-making, relating, visioning, and inventing.</p>
<p>Arguably, many teams have adopted the practice of &ldquo;excellence&rdquo; over &ldquo;perfection&rdquo;. The culture of excellence, while forgiving mistakes and considering personal limitations, does not absolve leaders and team members from giving their best.</p>
<p>Accepting the new demands and realities of a hybrid workplace, especially for leaders, will empower and not overwhelm the incomplete leader.</p>',
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$imgg = ''
include - APP/View/Featuresite/upcomingfeaturelist.ctp, line 53
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 963
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 108

Notice (8): Undefined index: SpecialFeature [APP/View/Featuresite/upcomingfeaturelist.ctp, line 53]
Code Context
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			'title' => 'Japan's largest conveyor-belt sushi chain rolls out in the U.S.',
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			'description' => 'Boston's Japanese food scene got more diverse with the opening in April of Sakabayashi Sushi Tavern, a subsidiary of Japan's largest conveyor-belt sushi chain, Sushiro. The restaurant is the first investment of its parent company, Food & Life Co., in the United States. ',
			'credit_id' => '48',
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			'content' => '<p>Boston&rsquo;s Japanese food scene got more diverse with the opening in April of Sakabayashi Sushi Tavern, a subsidiary of Japan&rsquo;s largest conveyor-belt sushi chain, Sushiro. The restaurant is the first investment of its parent company, <strong>Food &amp; Life Co.</strong>, in the United States.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-4-Sushiro.jpg" alt="" />
<figcaption class="image-caption">Food &amp; Life Companies USA President Yosuke Tanaka (Source: LinkedIn/Yosue Tanaka)</figcaption>
</figure>
<p>Sakabayashi retained the original restaurant&rsquo;s <em>izakaya </em>style of dining<em>, </em>wherein patrons can eat and drink in a casual setting. With menu items priced from under $10, the restaurant wants to attract a diverse crowd.</p>
<p>&ldquo;Ensuring affordability while providing an authentic Japanese experience to Americans is paramount. Eighty percent of our menu is recreated from Japan. Our raw ingredients are sourced from our global procurement chain,&rdquo; said <strong>Food &amp; Life Companies USA President Yosuke Tanaka.</strong></p>
<p>Although Sakabayashi Sushi Tavern is Food and Life&rsquo;s first foray in the country, the group has many years of international experience. With operations in eight countries, primarily in Asia, Food &amp; Life aims to generate $1.45 billion in overseas revenue by the end of the fiscal year 2026 by opening more conveyor-belt sushi restaurants in the United States.</p>
<p>&ldquo;Our priority is not limited to deploying our existing brand but also to discovering, developing, and expanding new brands and food-services formats through the reinforcement of our competitive advantages in ingredient development, procurement, and supply chain management,&rdquo; said <strong>Food &amp; Life Ltd. President and CEO Koichi Mizutome.</strong></p>
<p>Mizutome&rsquo;s confidence stems from the growing popularity of Japanese cuisine in the United States. In 2023, revenues of sushi restaurants in America grew by 4.5% and are expected to grow further, according to research firm IBIS World.</p>
<p>In the United States, ramen shops are also growing more popular as various Japanese chains, like Fukuoka and Ramen Santouka, plan to open more outlets across the country.</p>',
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			'title' => 'Impostor Syndrome and The Incomplete Leader',
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			'description' => 'Now that everyone's details, accomplishments, and track record are easily fact-checked and reviewed on the internet, there has been a rise in the number of anxiety-riddled executives. The same tool used for work productivity has also been a source of consternation.',
			'credit_id' => '48',
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			'url' => 'impostor-syndrome-and-the-incomplete-leader',
			'tags' => 'Leadership, Management, Impostor Syndrome',
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			'content' => '<p>The notion that &ldquo;leaders have to be flawless&rdquo; is starting to disappear. Access to unlimited information, a.k.a. the Internet, should have changed this perception ages ago.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-3-SG-Impostor-Syndrome.jpg" alt="" />
<figcaption class="image-caption">The workplace has evolved to become a more forgiving place for its leaders. (Illustration by Lianne Dominguez)</figcaption>
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<p>But now that everyone&rsquo;s details, accomplishments, and track record are easily fact-checked and reviewed on the internet, there has been a rise in the number of anxiety-riddled executives. The same tool used for work productivity has also been a source of consternation.</p>
<p>The pressure to have intellectual and interpersonal superiority is at an all-time high. According to the National Library of Medicine, impostor syndrome (IS) is a behavioral health phenomenon described as self-doubt of intellect, skills, or accomplishments among high-achieving individuals. Yes! The seemingly poised manager could be a fa&ccedil;ade.</p>
<p>Despite the tremendous pressure for perfection, an article in Harvard Business Review offers a solution to ease some caffeine-stimulated corporate minds. The authors, in praise of &ldquo;The Incomplete Leader,&rdquo; recommend embracing imperfections to strengthen one&rsquo;s leadership abilities. It also said that organizations were evolving to become more collaborative than hierarchical.</p>
<p>Decisions should often be made in the context of the open economy, therefore as no senior executive has a monopoly on knowledge. The overarching theme was that: Leaders should determine the right colleague to handle areas of their perceived weaknesses.&nbsp;</p>
<p>In fact, four leadership capabilities are developed during this process: sense-making, relating, visioning, and inventing.</p>
<p>Arguably, many teams have adopted the practice of &ldquo;excellence&rdquo; over &ldquo;perfection&rdquo;. The culture of excellence, while forgiving mistakes and considering personal limitations, does not absolve leaders and team members from giving their best.</p>
<p>Accepting the new demands and realities of a hybrid workplace, especially for leaders, will empower and not overwhelm the incomplete leader.</p>',
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			'title' => 'Brewing success: How leadership catapulted Paradox Brewery to new heights',
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			'description' => 'Paradox Brewery President and founder Paul Mrocka is widely credited for driving the New York-based to new levels of success through strategic planning, data-driven decision-making, and effective international partnerships.',
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			'content' => '<p><strong>Paradox Brewery President and founder Paul Mrocka </strong>is widely credited for driving the New York-based to new levels of success through strategic planning, data-driven decision-making, and effective international partnerships.</p>
<p>According to Mrocka, data isn't just numbers at Paradox Brewery. It's a roadmap to success.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-3-NYNJ-Paradox-Brewery.jpg" alt="" />
<figcaption class="image-caption">Paradox Brewery President and founder Paul Mrocka</figcaption>
</figure>
<p>In an interview with GMI POST, Mrocka emphasized their reliance on Information Resources, Inc. (IRI) data to understand market trends, consumer preferences, and competitor strategies.</p>
<p>&ldquo;We're very competitive in our prices and a data-driven company. We tell stories with this data that we buy. And we use that data to go to the buyer and talk to them about it,&rdquo; he said.</p>
<p>By leveraging IRI&rsquo;s data, Paradox Brewery gains insights that shape its marketing strategies and product development, ensuring it stays ahead in the fiercely competitive craft beer market.</p>
<p>Paradox Brewery isn't afraid to think big either. </p>
<p>&ldquo;You have to put the time in. You have to show up and get face-to-face with these people because there has to be a degree of comfort on both sides of the arrangement to buy beer from the other side of the planet,&rdquo;<strong> Director of Operations Devon Hamilton </strong>said about plans to expand globally.</p>
<p>By nurturing strong relationships with international partners, Paradox Brewery secures distribution channels and builds a global brand presence, Hamilton also said.</p>
<p>For Paradox Brewery, success isn't just about reacting to market trends but about anticipating and shaping them. Through constant planning and adaptation, the company stays at the forefront of innovation, offering a diverse and appealing portfolio to its customers.</p>
<p>&ldquo;We all sit down, talk about what did well last year, what we think we should bring back for next year, what the upcoming trends are, and argue about what our portfolio will be,&rdquo; Hamilton said.</p>
<p>As Paradox Brewery expands both domestically and internationally, the skills and dedication of its leaders will ensure the New York brand remains a beloved brand in the craft beer industry.</p>',
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			'title' => 'What Cambodia's honey industry can teach businesses ',
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			'description' => 'In 2021, Cambodia's government awarded its first geographic indication (GI) label for the wild honey harvested in Mondulkiri Province. The protected GI label, granted to local products with distinctive regional qualities, has elevated the profile of Cambodian honey on the global stage.',
			'credit_id' => '48',
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			'url' => 'what-cambodias-honey-industry-can-teach-businesses',
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			'content' => '<p>Cambodia&rsquo;s honey industry has experienced steady growth in recent years. In 2021, the government awarded its first geographic indication (GI) label for the wild honey harvested in Mondulkiri Province. The protected GI label, granted to local products with distinctive regional qualities, has elevated the profile of Cambodian honey on the global stage.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-3-CAMB-Honey.jpg" alt="" />
<figcaption class="image-caption">Cambodia Honey Association Executive Director Sem Sreytouch</figcaption>
</figure>
<p>Although varieties like Modulkiri money have been harvested in Cambodia for centuries, efforts to streamline and formalize the industry&rsquo;s value chain are relatively recent and spearheaded by the Cambodia Honey Association (CHA), the main advocacy group representing the sector&rsquo;s stakeholders.</p>
<p>In an interview with GMI POST, CHA underscored the necessary steps to invigorate the industry while providing insight into navigating business in an emerging market landscape.&nbsp;</p>
<p><strong>&nbsp;</strong></p>
<p><span style="font-family: helvetica; font-size: 18pt;"><strong>Collaboration over competition </strong></span></p>
<p><strong>&nbsp;</strong></p>
<p><strong>CHA Executive Director Sem Sreytouch </strong>emphasizes the importance of shifting industry stakeholders&rsquo; mindset from competition to collaboration.</p>
<p>&ldquo;One of our main advocacies is to enact a change in mindset among Cambodian honey growers, apiaries, and other stakeholders in the value chain. A united front is required to elevate the overall standards of the Cambodian honey industry&rdquo; she said.</p>
<p><strong>&nbsp;</strong></p>
<p><span style="font-family: helvetica; font-size: 18pt;"><strong>Prioritize capacity building</strong></span></p>
<p><strong>&nbsp;</strong></p>
<p><strong>Peter Batt, Ph.D of Curtin University,</strong> also a fellow of the International Horticultural Congress, stressed the need for education and capacity-building at the grassroots level in emerging markets like Cambodia.</p>
<p>&ldquo;A key aspect of addressing challenges in Cambodia, particularly within the honey industry, was capacity building of smallholder farmers and empowering those farmers with basic and practical skills to help them grasp what it takes to thrive in trade,&rdquo; he said.</p>
<p><strong>&nbsp;</strong></p>
<p><span style="font-size: 1*pt;"><strong><span style="font-family: helvetica;">Explore untapped resources</span> </strong></span></p>
<p>&nbsp;</p>
<p>CHA also highlighted Cambodia's rich geographic diversity as a wellspring of untapped potential for future GI labels, such as honey from the lesser-known Tonle Sap Lake region. <strong>Dr. Try Yong</strong>, a beekeeping expert and an advisor to the Royal Ministry of Agriculture, underscored Cambodia&rsquo;s abundance of untapped honey collection areas in the rest of the country.</p>
<p>&ldquo;Regions like Tone Sap Lake and the western coasts offer promising opportunities. Despite the vast forests from which much of our honey originates, many areas lack GI certification, signaling significant untapped potential and future business opportunities for our kingdom,&rdquo; he said.</p>',
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			'id' => '545692',
			'title' => 'Wisconsin to give multimillion tax incentive to Kikkoman for new expansion',
			'description_old' => null,
			'description' => 'Kikkoman Foods Inc. has broken ground for its third manufacturing plant in Jefferson County and an expansion to its existing plant in neighboring Walworth County, Wisconsin. To support this fresh investment, the Wisconsin Economic Development Corp. (WEDC) plans to provide the Japanese soy sauce maker up to $15.5 million in performance-based tax credits.',
			'credit_id' => '48',
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			'url' => 'wisconsin-to-give-multimillion-tax-incentive-to-kikkoman-for-new-expansion',
			'tags' => 'US, Japan, Wisconsin, Economic Development, Food',
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			'content' => '<p>Kikkoman Foods Inc. has broken ground for its third manufacturing plant in Jefferson County and an expansion to its existing plant in neighboring Walworth County, Wisconsin. To support this fresh investment, the <strong>Wisconsin Economic Development Corp. (WEDC)</strong> plans to provide the Japanese soy sauce maker up to $15.5 million in performance-based tax credits.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-3-Kikkoman-Wisconsin.jpg" alt="" />
<figcaption class="image-caption">Wisconsin Economic Development Corporation CEO and Secretary Missy Hughes (Source: Milwaukee Business Journal)</figcaption>
</figure>
<p>Kikkoman&rsquo;s expansion in Wisconsin will inject $800 million into the state&rsquo;s economy and create 83 new jobs over the next decade. The Walworth facility, opened in 1973, is the company&rsquo;s highest-producing soy sauce factory globally.</p>
<p>Meanwhile, the plant in Jefferson City is scheduled to start operations in 2026 and will focus on soy sauce-related products, like teriyaki sauce. Aside from enhancing efficiency and scalability, the facility will bolster Kikkoman&rsquo;s sustainability efforts by using renewable energy sources and equipment with lower CO2 emissions.</p>
<p><strong>WEDC Secretary and CEO Missy Hughes</strong> welcomed the announcement: &ldquo;Fifty years ago, Kikkoman made history by choosing Walworth, Wisconsin for its first international brewing plant. Now, by expanding its presence in Jefferson, Kikkoman is opening a new chapter in its history.&rdquo;</p>
<p><strong>Jefferson City Mayor Dale Oppermann</strong> expressed appreciation for Kikkoman&rsquo;s continued trust in the region: &ldquo;Kikkoman&rsquo;s decision to invest in Jefferson underscores the strength and appeal of our local food and beverage niche. We look forward to a long, prosperous partnership.&rdquo;</p>
<p>Meanwhile, <strong>Kikkoman Chair and honorary CEO Yuzauro Mogi </strong>said the company&rsquo;s choice of Wisconsin was rooted in several factors, among them its location, which provided convenient market access, as well as its skilled workforce, easy availability of raw materials, an abundance of clean water, the collaborative spirit of the local community.</p>
<p>&ldquo;We look forward to expanding our footprints in Wisconsin and establishing a supply chain with increased stability in North America,&rdquo; he also said.</p>
<p>Over the past five decades, Kikkoman has transformed rural Wisconsin through partnerships with the local community, donating more than $17 million to charitable organizations.</p>
<p>As one of the first production facilities set up by a Japanese company in the United States, the Walworth plant is seen as a valuable symbol of the close business and cultural partnership between the two countries.</p>
<p>&ldquo;Whether it&rsquo;s providing thousands of jobs, bolstering our economy or providing us and the world with phenomenal soy sauce, Kikkoman is doing good work across Wisconsin and the country. I am grateful for their continued partnership and expansion in Wisconsin,&rdquo; said <strong>Gov. Tony Evers</strong>.</p>',
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			'section_summary' => 'Kikkoman Foods Inc. has broken ground for its third manufacturing plant in Jefferson County and an expansion to its existing plant in neighboring Walworth County, Wisconsin. To support this fresh investment, the Wisconsin Economic Development Corp. (WEDC) plans to provide the Japanese soy sauce maker up to $15.5 million in performance-based tax credits.',
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			'id' => '545693',
			'title' => 'New York wants more Japanese chipmakers in the state',
			'description_old' => null,
			'description' => 'Empire State Development (ESD), the umbrella organization for New York's two main economic development corporations, wants more Japanese chip industry suppliers to open operations in the state to support the upcoming manufacturing facilities of Micron Technology, the world's fourth-largest semiconductor company.',
			'credit_id' => '48',
			'image' => null,
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			'url' => 'new-york-wants-more-japanese-chipmakers-in-the-state',
			'tags' => 'US, Japan, New York, Economic Development, IT',
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			'content' => '<p><strong>Empire State Development (ESD)</strong>, the umbrella organization for New York's two main economic development corporations, wants more Japanese chip industry suppliers to open operations in the state to support the upcoming manufacturing facilities of Micron Technology, the world&rsquo;s fourth-largest semiconductor company.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-3-Micron-NY.jpg" alt="" />
<figcaption class="image-caption">Empire State Development President Hope Knight (Source: Empire State Development)</figcaption>
</figure>
<p>&ldquo;Last year, we were able to attract Micron to central New York. With the large investment that Micron is making, $100 billion, we know that we have to build an ecosystem to support that activity. That's why we're here on this mission: to talk to Japanese firms, some of Micron's suppliers, to come and locate in New York,&rdquo; <strong>ESD President Hope Knight</strong> told Nikkei Asia.</p>
<p>While Knight did not name the companies she spoke to during her visit to Japan, she mentioned that some were &ldquo;very excited about the possibility&rdquo; of investing in the state.</p>
<p>Micron, the only memory and storage manufacturer in the United States, has announced plans to build a $100 billion &ldquo;mega fab,&rdquo; which will employ more than 9,000 people, near Syracuse in upstate New York.</p>
<p>Even before the CHIPS and Science Act became federal law in 2022, New York had unveiled its $10 billion program, called Green CHIPS, which offered tax incentives to chip manufacturers. Participants of Green CHIPS can benefit from zero corporate income tax rates and receive tax credits based on their capital spending and research and development expenditures.</p>
<p>&ldquo;We customize a package for you,&rdquo; said Knight, who emphasized that incentives are tailored based on various factors, like the number of jobs created and size of investment.</p>
<p>The ESD president highlighted the importance of bringing back chip manufacturing to the United States, citing national security concerns and geopolitical trends, and underscored New York's manufacturing legacy and its readiness to revive its manufacturing sector.</p>
<p>New York has prioritized chip manufacturing as a key industry for economic growth. Apart from IBM, 75 other semiconductor-related companies have made new investments in the state. And since the introduction of Green CHIPS, total investments have reached $112 billion.</p>
<p>On concerns surrounding the high cost of living and labor costs associated with New York City, Knight said that cities in upstate New York, such as Albany, Syracuse, Rochester and Buffalo, offer affordability and have cheaper sources of clean power.</p>
<p>As head of ESD, Knight works closely with Gov. Kathy Hochul in developing the state economy through various measures like financing, subsidies, and tax breaks. As of 2022, ESD has been involved in at least 190 projects.</p>',
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			'id' => '545694',
			'title' => 'Toyota unveils $1.4 billion investment in Indiana to make more electric vehicles',
			'description_old' => null,
			'description' => 'Toyota, the world's largest automaker, has announced a $1.4 billion expansion of its factory in the U.S. state of Indiana to produce electric vehicles (EVs) starting in 2026. With the new expansion, Toyota Motor Manufacturing Indiana will become the company's second EV production facility in the United States.',
			'credit_id' => '48',
			'image' => null,
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			'url' => 'toyota-unveils-14-billion-investment-in-indiana-to-make-more-electric-vehicles',
			'tags' => 'US, Japan, Indiana, Electric Vehicles',
			'is_rss' => false,
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			'content' => '<p>Toyota, the world&rsquo;s largest automaker, has announced a $1.4 billion expansion of its factory in the U.S. state of Indiana to produce electric vehicles (EVs) starting in 2026. With the new expansion, Toyota Motor Manufacturing Indiana will become the company&rsquo;s second EV production facility in the United States.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-3-Toyota-EVs.jpg" alt="" />
<figcaption class="image-caption">Toyota Motor Manufacturing Indiana President Tim Hollander (Source: PR Newswire)</figcaption>
</figure>
<p>According to Nikkei Asia, the investment will create 340 new high-quality jobs and increase the company&rsquo;s total number of employees in Indiana to around 8,000. The expansion also raises</p>
<p>Toyota&rsquo;s total investment in the state to $8 billion, Green Car Congress reported. <br /><br />Toyota&rsquo;s decision to increase EV production comes amid a surge in demand for its hybrid models, said CBT News.</p>
<p>In April, Toyota reported record annual sales for the fiscal year ending in March, surpassing the 10 million-unit mark for the first time. Its hybrid models have played a major role in growing the company&rsquo;s market share over the past year.</p>
<p>Toyota&rsquo;s only other EV factory in the United States is in Kentucky. The facility Georgetown is due to begin operations next year.</p>
<p>"Since 2021, Toyota has announced new investments totaling $18.6 billion into its U.S. manufacturing operations to support electrification efforts," the company said.</p>',
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	(int) 7 => array(
		'Articles' => array(
			'id' => '545689',
			'title' => 'Singapore: A fertile ground for Edtech ',
			'description_old' => null,
			'description' => 'Globally, education technology (Edtech) is a rapidly growing sector. According to Precision Report's EdTech Market Research Report 2024, the global Edtech market size was valued at $115 billion in 2021 and is expected to reach $467 billion by 2027. ',
			'credit_id' => '48',
			'image' => null,
			'image_caption' => null,
			'url' => 'singapore-a-fertile-ground-for-edtech',
			'tags' => 'Japan, Singapore, Education',
			'is_rss' => false,
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			'content_old' => null,
			'content' => '<p>Globally, education technology (Edtech) is a rapidly growing sector. According to Precision Report&rsquo;s EdTech Market Research Report 2024, the global Edtech market size was valued at $115 billion in 2021 and is expected to reach $467 billion by 2027.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-2-SG-Education.jpg" alt="" />
<figcaption class="image-caption">Starting them young: Singapore's education system has gained admiration from around the world.</figcaption>
</figure>
<p>Singapore has stood out as one of the most fertile grounds for the sector&rsquo;s growth. The origins of Singapore&rsquo;s thriving Edtech sector can be traced back to 2014, when the country&rsquo;s national government enacted its Smart Nation initiative, which required schools to incorporate innovation and technology in the daily lives of Singaporean families.</p>
<p>According to UNESCO, the challenge for schools was to create meaningful learning experiences that reflected such integration, which meant that highly qualified faculty must constantly be engaged in research and innovation. Otherwise, how can one teach about advancements while experiencing none?</p>
<p>Since the enactment of the Smart Nation initiative, there have been more than 790 Edtech startups launched in Singapore. Today, the government continues to invest heavily in training its future labor pool. <br /><br />Aside from encouraging life-long learning, the city-state&rsquo;s government has also rolled out other initiatives to boost the growth of Edtech in Singapore, like an ICT masterplan, infrastructure upgrades, accelerator programs, increased connectivity in schools, and access to learning resources and opportunities for collaborations for schools and startups.</p>
<p>Those looking to start or invest in an Edtech venture will reap many benefits by betting on Singapore.</p>',
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			'title' => 'Columbia University seeks closer partnerships with Japan ',
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			'description' => 'The Japan Study Student Association at Columbia University's School of International and Public Affairs organized a visit to Japan in March to allow some of its members to learn more about the country's government, people, culture, and food.',
			'credit_id' => '48',
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			'content' => '<p>The Japan Study Student Association at <strong>Columbia University&rsquo;s School of International and Public Affairs </strong>organized a visit to Japan in March to allow some of its members to learn more about the country&rsquo;s government, people, culture, and food.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-2-NYNJ-JASSA-Education.jpg" alt="" />
<figcaption class="image-caption">JASSA representatives during their Japan trip</figcaption>
</figure>
<p>&ldquo;The Japan trip was a phenomenal opportunity not only from a career development perspective but also from a personal development perspective,&rdquo; JASSA Representative Daniel Alvarez said in an article posted on SIPA&rsquo;s website.</p>
<p>&ldquo;Speaking with top politicians, participating in cultural ceremonies, learning about critical events in Japan&rsquo;s history, experiencing the excellent cuisine, and enjoying the nightlife with new friends made for a very well-rounded trip and once-in-a-lifetime experience,&rdquo; Alvarez added.</p>
<p>For SIPA students who want to join future Japan trips, Alvarez encouraged fellow members to attend upcoming JASSA events so they can express their interest to the organizers. The trip was just one of many events of SIPA to bolster U.S.-Japan cooperation.</p>
<p>In June 2023<strong>, SIPA Dean Keren Yarhi-Milo</strong> visited the University of Tokyo's Graduate School of Public Policy, a fellow member of the Global Public Policy Network, where she held pivotal discussions to enhance cross-cultural exchange. <br /><br />In interviews with local media, including Nikkei Asia and TV Tokyo, Yarhi-Milo highlighted SIPA's commitment to integrating Japanese perspectives within its academic community.</p>
<p>&ldquo;We want our students and our faculty to be involved and engaged with Japan,&rdquo; said Yarhi-Milo as she recognized the country&rsquo;s significant economic and strategic influence in East Asia.</p>',
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	(int) 9 => array(
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			'id' => '545691',
			'title' => '3 reasons Japan-Cambodia education partnerships are thriving',
			'description_old' => null,
			'description' => 'As Cambodia and Japan commemorate 70 years of diplomatic relations, the two nations look forward to a new era in their partnership as they seek fresh fields of collaboration. More and more Japanese recognize Cambodia's untapped potential and hope to play a role in the development of its population.',
			'credit_id' => '48',
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			'url' => '3-reasons-japan-cambodia-education-partnerships-are-thriving',
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			'content' => '<p>As Cambodia and Japan commemorate 70 years of diplomatic relations, the two nations look forward to a new era in their partnership as they seek fresh fields of collaboration. More and more Japanese recognize Cambodia&rsquo;s untapped potential and hope to play a role in the development of its population.</p>
<p>For instance, the increased prominence of the <strong>Institute of Technology of Cambodia </strong>among the expatriate population reveals three key reasons Cambodia&rsquo;s educational landscape has attracted the attention of the Japanese community.</p>
<p>&nbsp;</p>
<p><span style="font-family: helvetica; font-size: 16pt;"><strong>The population is young, growing and mobile</strong></span></p>
<p>&nbsp;</p>
<p>CiteSeerX reports that nearly 70% of Cambodians are 29-years old and younger. <br /><br />&ldquo;Among Cambodia&rsquo;s younger generation, the literacy rate is reported to be quite high because of increasing opportunities for education. The gender gap among young adults is not so substantial, although some age group differences exist,&rdquo; Japan International Cooperation Agency said in its 2023 Country Study.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-2-CAMB-Japan-Education.jpg" alt="" />
<figcaption class="image-caption">Institute of Technology of Cambodia Rector Dr. Po Kimtho (left) and Kanazawa University President Takashi Wada (right)</figcaption>
</figure>
<p>&ldquo;This implies that very well-targeted literacy education by age, sex, geography, time of the class, and contents of the class will likely bring about significant domestic and foreign partnerships in Cambodia&rsquo;s education sector,&rdquo; the study added.An example of such a partnership is that between ITC and Panasonic Cambodia. ITC is one of only two institutions in the kingdom to receive scholarships from Panasonic Cambodia, the local subsidiary of Japanese tech giant Panasonic Group. Panasonic Cambodia Country Head Yosunoby Matsumoto said the initiative will be a means to &ldquo;maximize workforce potential, fostering growth, and nurturing the next generation of leaders.&rdquo;</p>
<p>According to Matsumoto, Panasonic Cambodia recognizes the talented local science and technology students and continues to invest in their capacity building to develop the next generation of technology business leaders that will allow them to participate in a global economy.</p>
<p><strong>&nbsp;</strong></p>
<p><span style="font-size: 16pt;"><strong><span style="font-family: helvetica;">It is open to international collaboration</span> </strong></span></p>
<p>&nbsp;</p>
<p>Cambodia is home to more than 128 higher education institutions, at least 45 of which (including ITC) have active international partnerships with universities and organizations abroad. ITC&rsquo;s outreach activities have helped position itself as an ideal partner for Japanese ventures.</p>
<p>Last year, the deputy director of ITC, along with six other academic delegates, visited the Tokyo Institute of Technology (Tokyo Tech), to partake in the training course &ldquo;Project for Strengthening Engineering Education and Research for Industrial Development in Cambodia,&rdquo; organized by JICA.</p>
<p>Subsequently, JICA formalized an agreement with ITC to strengthen engineering education and research in industrial development in Cambodia</p>
<p>&nbsp;</p>
<p><span style="font-family: helvetica; font-size: 16pt;"><strong>A growing vocationally and technically proficient workforce</strong></span></p>
<p>&nbsp;</p>
<p>&ldquo;Strengthening technical and vocational training is pivotal to attracting Japanese investment in Cambodia,&rdquo; said Labor and Vocational Training Minister Heng Sour, who urged JICA to persist in developing human resources in these domains, a statement that JICA President Sanui Kazumasa agreed with.</p>
<p>ITC, a partner of JICA, produces approximately 3,700 undergraduate and graduate students specializing in science, technology, and engineering.</p>',
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			'title' => 'Japan's JERA and Inpex to invest in separate U.S. ammonia projects',
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			'description' => 'To bolster Japan's clean energy initiatives, two major Japanese energy companies, JERA and Inpex, are preparing to invest in separate projects in the United States that will produce ammonia for clean-burning power generation in Japan, Nikkei Asia reports. ',
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			'url' => 'japans-jera-and-inpex-to-invest-in-separate-us-ammonia-projects',
			'tags' => 'US, Japan, Investment, Green Energy',
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			'content' => '<p>To bolster Japan's clean energy initiatives, two major Japanese energy companies,<strong> JERA</strong> and <strong>Inpex</strong>, are preparing to invest in separate projects in the United States that will produce ammonia for clean-burning power generation in Japan, Nikkei Asia reports.</p>
<figure class="image-container floated-right" style="float: right;"><img class="align-right" src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-2-JERA-and-Inpex.jpg" alt="" />
<figcaption class="image-caption">Inpex President Takayuki Ueda</figcaption>
</figure>
<p><strong>JERA Global CEO and Chair Yukio Kani </strong>and<strong> Inpex President Takayuki Ueda</strong> confirmed the investments with local U.S. media at the CERAWeek 2024 energy industry conference held in Houston, Texas.</p>
<p>JERA, a joint venture between Tokyo Electric Power and Chubu Electric Power, announced its partnership with Oklahoma-based green energy company, Greenfield Energy. Together, they will build a facility in Louisiana to produce green ammonia using renewable energy sources.</p>
<p>Kani also confirmed to media that JERA will hire more people at its U.S. arm, aiming to expand the workforce by 30% after a year to around 250 employees.</p>
<p>On the other hand, Inpex, a leading oil and gas exploration and production company, is exploring opportunities in Texas to establish its own ammonia production facility.</p>
<p>According to Nikkei Asia, Inpex plans to produce 1.1 million tons of ammonia annually in Houston by 2027.</p>
<p>The investments by JERA and Inpex mark significant milestones in Japan's quest for cleaner energy alternatives.</p>',
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			'content' => '<p>To promote Japanese contribution to the United States&rsquo; investment landscape, <strong>Prime Minister Fumio Kishida</strong> visited North Carolina in April to tour the site of Toyota Motor Corp.&rsquo;s electric and hybrid battery plant in the city of Greensboro.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-2-Kishida-Visit-to-NC.jpg" alt="" />
<figcaption class="image-caption">Japanese Prime Minister Fumio Kishida (center) visits Toyota's EV battery plant being built in North Carolina. (Photo source: Nikkei Asia)</figcaption>
</figure>
<p>Kishida&rsquo;s visit marked a historic moment in U.S.-Japan relations because it was the first time since 1891 that a foreign head of state visited the governor&rsquo;s mansion and the first time in a decade that a Japanese prime minister visited the state.</p>
<p>&ldquo;I am honored to be here in North Carolina to showcase the multilayered and strong ties between the United States and Japan,&rdquo; Kishida told guests at the luncheon at the state governor&rsquo;s mansion. He also lauded North Carolina for being a state &ldquo;at the forefront of the times.&rdquo;</p>
<p>Japan remains North Carolina&rsquo;s largest foreign direct investor, employing over 30,000 people in over 200 Japanese companies.</p>
<p>According to the Environmental Defense Fund, North Carolina leads all U.S. states in electric vehicle (EV) investment, attracting over $19 billion in the past year. This is attributed to its world-class infrastructure, skilled workforce, and favorable local policies.</p>
<p>Capitalizing on that environment, Japanese automakers have expanded their EV production capacity in the state. Toyota invested an additional $8 billion in its Greensboro battery plant, raising its total capital investment to around $14 billion and generating more than 5,000 new jobs.</p>
<p>Chiaki Takagi, a Japanese studies lecturer at the University of North Carolina Greensboro, highlighted the significance of Kishida&rsquo;s visit: &ldquo;This whole thing will provide the area with opportunities to be engaged in very active cultural exchange between Japan and the U.S.&rdquo;</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&rsquo;s global market dominance.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-13-Tenstorrent.jpg" alt="" />
<figcaption class="image-caption">Tenstorrent CEO Jim Keller (Photo source: Tenstorrent)</figcaption>
</figure>
<p>Headquartered in Toronto, Tenstorrent has offices in Austin, Texas and Santa Clara, California, as well as in Belgrade, Tokyo, Bangalore, and Seoul. The company claims to be developing AI processors that perform as efficiently as Nvidia's AI GPUs but at a lower cost.</p>
<p>At present, Nvidia is the global market leader when it comes to AI chips. Its AI accelerators command between 70% and 95% of the global market share, according to CNBC.</p>
<p>Keller also said in the interview that Tenstorrent hopes to sell its second-generation multipurpose AI chip by the end of this year.</p>
<p>According to Keller, Tenstorrent can achieve its objective because it does not use high-bandwidth memory (HBM), a popular type of advanced memory chip capable of transferring large amounts of data quickly. HBM is a vital component for generative AI chips and has played a significant role in the success of Nvidia's offerings.</p>
<p>But Keller pointed out that HBM was also one of the culprits behind the massive energy consumption and high prices of AI chips.</p>
<p>"Even the people that use HBM struggle with the cost of it, [and] the design time to build it,&rdquo; 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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			'title' => 'ITOCHU to take part in Taiwan's smart city project ',
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			'description' => 'Tokyo-based trading giant ITOCHU secured a contract to develop and test AI systems that will help run the transportation network and energy infrastructure of a future smart city project in southern Taiwan, according to a company press release.',
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			'content' => '<p>Tokyo-based trading giant <strong>ITOCHU</strong> secured a contract to develop and test AI systems that will help run the transportation network and energy infrastructure of a future smart city project in southern Taiwan, according to a company press release.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-13-ITOCHU-Taiwan.jpg" alt="" />
<figcaption class="image-caption">ITOCHU plans to roll out AI-powered buses for Taiwan's new smart city project in Tainan. (Photo source: Nikkei Asia)</figcaption>
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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&rsquo;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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			'title' => 'Melexis opens its largest wafer testing site in Malaysia',
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			'description' => 'Belgium-based supplier of semiconductor solutions Melexis has opened its largest wafer testing site worldwide in Kuching in the Malaysian state of Sarawak to strengthen its presence in Asia-Pacific and meet the rising demand for semiconductors around the world, according to a company announcement.',
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			'content' => '<p>Belgium-based supplier of semiconductor solutions <strong>Melexis</strong> has opened its largest wafer testing site worldwide in Kuching in the Malaysian state of Sarawak to strengthen its presence in Asia-Pacific and meet the rising demand for semiconductors around the world, according to a company announcement.</p>
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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>
</figure>
<p>Wafer testing is part of the manufacturing process wherein all individual integrated circuits are checked for functional defects through special test patterns.</p>
<p>According to Melexis, its expansion in Malaysia is a strategic move to streamline logistics and reduce its ecological footprint. Additionally, it selected Kuching because of its diverse, multilingual, entrepreneurial and highly skilled workforce.</p>
<p><strong>Melexis CEO Marc Biron </strong>said, &ldquo;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.&rdquo;</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&rsquo;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>&ldquo;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,&rdquo; <strong>Sarawak&rsquo;s Ministry of International Trade, Industry and Investment </strong>said in a statement<strong>.</strong></p>
<p>&ldquo;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,&rdquo; the statement also said.</p>',
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			'description' => 'Japanese trading giant ITOCHU announced this month it had invested in ZeroAvia, a British-American maker of hydrogen-electric engines for aircraft, according to a company statement.',
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			'content' => '<p>Japanese trading giant <strong>ITOCHU</strong> announced this month it had invested in <strong>ZeroAvia</strong>, a British-American maker of hydrogen-electric engines for aircraft, according to a company statement.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-13-Itochu-ZeroAvia.jpg" alt="" />
<figcaption class="image-caption">An aircraft powered by ZeroAvia's hydrogen-electric engines (Photo source: ZeroAvia)</figcaption>
</figure>
<p>Founded in 2018, ZeroAvia describes itself as &ldquo;a team of passionate innovators dedicated to bringing safe, zero-emission flight to aviation.&rdquo; The company claims its hydrogen-electric propulsion systems are &ldquo;the most environmentally friendly and economically attractive solution to aviation&rsquo;s growing climate change impact.&rdquo;</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&rsquo;s long-term goal of helping save the planet by decarbonizing the aviation industry.</p>',
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			'description' => 'For the third time in the last five years, Virginia was ranked America's Top State for Business in 2024 by CNBC, which cited the state for having the best public schools in the country. It grabbed the top spot in 2007, 2009, 2011, 2019, and 2021.',
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			'content' => '<p>For the third time in the last five years,<strong> Virginia</strong> was ranked America&rsquo;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>
</figure>
<p>&ldquo;Congratulations to Virginia on being named America&rsquo;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,&rdquo; 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&rsquo;s 10 categories this year, &ldquo;a rare feat,&rdquo; 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&rsquo;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&rsquo;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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			'description' => 'The U.S. subsidiary of Japanese group FANUC, one of the world's largest makers of industrial robots, has opened a $110 million facility in Michigan to store, sell and maintain made-in-Japan industrial robots for North American customers, according to a statement from FANUC America.',
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			'content' => '<p>The U.S. subsidiary of Japanese group <strong>FANUC</strong>, one of the world&rsquo;s largest makers of industrial robots, has opened a $110 million facility in Michigan to store, sell and maintain made-in-Japan industrial robots for North American customers, according to a statement from FANUC America.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-13-FANUC.jpg" alt="" />
<figcaption class="image-caption">Michigan Gov. Gretchen Whitmer (center) with senior officers of FANUC America at its West Campus. (Photo source: FANUC America)</figcaption>
</figure>
<p>The new 650,000-square-foot facility was inaugurated on July 10 and is located in FANUC America&rsquo;s West Campus in Auburn Hills, Michigan. The expansion increases the company&rsquo;s footprint in Michigan to over 2 million square feet and is part of FANUC America&rsquo;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,&rdquo; <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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			'description' => 'K Health, a leading AI-driven primary care company that provides 24/7 virtual primary care solutions through its mobile app, announced this month that it had raised $50 million in funding led by Claure Group with participation from investors, including Pablo Legorreta (founder and CEO of Royalty Pharma) and Mangrove Capital Partners, Valor Equity Partners, and Atreides Management.',
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			'content' => '<p><strong>K Health</strong>, a leading AI-driven primary care company that provides 24/7 virtual primary care solutions through its mobile app, announced this month that it had raised $50 million in funding led by Claure Group with participation from investors, including Pablo Legorreta (founder and CEO of Royalty Pharma) and Mangrove Capital Partners, Valor Equity Partners, and Atreides Management.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-12-NYNJ-K-Health-Alan-Bloch.jpg" alt="" />
<figcaption class="image-caption">K Health founder and CEO Allon Bloch (Photo source: K Health)</figcaption>
</figure>
<p>K Health said in the same statement that it had been developing its own AI technology for more than seven years. Today, it can provide 24/7 virtual primary care solutions to millions of people in the United States.</p>
<p>The K Health platform includes clinical-grade medical chat and AI predictive models based on large datasets to help physicians optimize diagnosis and treatment and focus on patient care.</p>
<p>Instead of doctors taking patients through lengthy procedures and manually piecing together their medical history from electronic medical records, K Health allows healthcare providers to engage more quickly and closely with patients by giving them a complete medical chart with patient insights straight from the app.</p>
<p>According to K Health, this new model of care delivery achieves dramatically higher quality of care at lower costs compared to traditional primary care.</p>
<p>&ldquo;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,&rdquo; explained<strong> K Health founder and CEO Allon Bloch.</strong></p>
<p>&ldquo;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,&rdquo; 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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			'title' => 'Canadian group seeks more investment opportunities in Cambodia',
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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>&ldquo;Shim&rsquo;s visit will further contribute to the promotion of trade relations between Cambodia and Canada,&rdquo; 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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			'description' => 'National University Hospital (NUH), the main teaching hospital of the country's top-ranking National University of Singapore, announced this month the opening of a center focused on providing trauma care to vulnerable groups, particularly children, older adults, and migrant workers.',
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			'content' => '<p><strong>National University Hospital (NUH)</strong>, the main teaching hospital of the country&rsquo;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>
<p>&ldquo;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,&rdquo; said <strong>National University Centre for Trauma Director Raj Menon.</strong></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&rsquo;s only pediatric kidney and liver transplant program.</p>',
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		'description' => 'Now that everyone's details, accomplishments, and track record are easily fact-checked and reviewed on the internet, there has been a rise in the number of anxiety-riddled executives. The same tool used for work productivity has also been a source of consternation.',
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		'content' => '<p>The notion that &ldquo;leaders have to be flawless&rdquo; is starting to disappear. Access to unlimited information, a.k.a. the Internet, should have changed this perception ages ago.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-3-SG-Impostor-Syndrome.jpg" alt="" />
<figcaption class="image-caption">The workplace has evolved to become a more forgiving place for its leaders. (Illustration by Lianne Dominguez)</figcaption>
</figure>
<p>But now that everyone&rsquo;s details, accomplishments, and track record are easily fact-checked and reviewed on the internet, there has been a rise in the number of anxiety-riddled executives. The same tool used for work productivity has also been a source of consternation.</p>
<p>The pressure to have intellectual and interpersonal superiority is at an all-time high. According to the National Library of Medicine, impostor syndrome (IS) is a behavioral health phenomenon described as self-doubt of intellect, skills, or accomplishments among high-achieving individuals. Yes! The seemingly poised manager could be a fa&ccedil;ade.</p>
<p>Despite the tremendous pressure for perfection, an article in Harvard Business Review offers a solution to ease some caffeine-stimulated corporate minds. The authors, in praise of &ldquo;The Incomplete Leader,&rdquo; recommend embracing imperfections to strengthen one&rsquo;s leadership abilities. It also said that organizations were evolving to become more collaborative than hierarchical.</p>
<p>Decisions should often be made in the context of the open economy, therefore as no senior executive has a monopoly on knowledge. The overarching theme was that: Leaders should determine the right colleague to handle areas of their perceived weaknesses.&nbsp;</p>
<p>In fact, four leadership capabilities are developed during this process: sense-making, relating, visioning, and inventing.</p>
<p>Arguably, many teams have adopted the practice of &ldquo;excellence&rdquo; over &ldquo;perfection&rdquo;. The culture of excellence, while forgiving mistakes and considering personal limitations, does not absolve leaders and team members from giving their best.</p>
<p>Accepting the new demands and realities of a hybrid workplace, especially for leaders, will empower and not overwhelm the incomplete leader.</p>',
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include - APP/View/Featuresite/upcomingfeaturelist.ctp, line 53
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 963
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 108

Notice (8): Undefined index: SpecialFeature [APP/View/Featuresite/upcomingfeaturelist.ctp, line 53]
Code Context
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			'description' => 'Boston's Japanese food scene got more diverse with the opening in April of Sakabayashi Sushi Tavern, a subsidiary of Japan's largest conveyor-belt sushi chain, Sushiro. The restaurant is the first investment of its parent company, Food & Life Co., in the United States. ',
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			'content' => '<p>Boston&rsquo;s Japanese food scene got more diverse with the opening in April of Sakabayashi Sushi Tavern, a subsidiary of Japan&rsquo;s largest conveyor-belt sushi chain, Sushiro. The restaurant is the first investment of its parent company, <strong>Food &amp; Life Co.</strong>, in the United States.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-4-Sushiro.jpg" alt="" />
<figcaption class="image-caption">Food &amp; Life Companies USA President Yosuke Tanaka (Source: LinkedIn/Yosue Tanaka)</figcaption>
</figure>
<p>Sakabayashi retained the original restaurant&rsquo;s <em>izakaya </em>style of dining<em>, </em>wherein patrons can eat and drink in a casual setting. With menu items priced from under $10, the restaurant wants to attract a diverse crowd.</p>
<p>&ldquo;Ensuring affordability while providing an authentic Japanese experience to Americans is paramount. Eighty percent of our menu is recreated from Japan. Our raw ingredients are sourced from our global procurement chain,&rdquo; said <strong>Food &amp; Life Companies USA President Yosuke Tanaka.</strong></p>
<p>Although Sakabayashi Sushi Tavern is Food and Life&rsquo;s first foray in the country, the group has many years of international experience. With operations in eight countries, primarily in Asia, Food &amp; Life aims to generate $1.45 billion in overseas revenue by the end of the fiscal year 2026 by opening more conveyor-belt sushi restaurants in the United States.</p>
<p>&ldquo;Our priority is not limited to deploying our existing brand but also to discovering, developing, and expanding new brands and food-services formats through the reinforcement of our competitive advantages in ingredient development, procurement, and supply chain management,&rdquo; said <strong>Food &amp; Life Ltd. President and CEO Koichi Mizutome.</strong></p>
<p>Mizutome&rsquo;s confidence stems from the growing popularity of Japanese cuisine in the United States. In 2023, revenues of sushi restaurants in America grew by 4.5% and are expected to grow further, according to research firm IBIS World.</p>
<p>In the United States, ramen shops are also growing more popular as various Japanese chains, like Fukuoka and Ramen Santouka, plan to open more outlets across the country.</p>',
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			'title' => 'Impostor Syndrome and The Incomplete Leader',
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			'description' => 'Now that everyone's details, accomplishments, and track record are easily fact-checked and reviewed on the internet, there has been a rise in the number of anxiety-riddled executives. The same tool used for work productivity has also been a source of consternation.',
			'credit_id' => '48',
			'image' => null,
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			'url' => 'impostor-syndrome-and-the-incomplete-leader',
			'tags' => 'Leadership, Management, Impostor Syndrome',
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			'content' => '<p>The notion that &ldquo;leaders have to be flawless&rdquo; is starting to disappear. Access to unlimited information, a.k.a. the Internet, should have changed this perception ages ago.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-3-SG-Impostor-Syndrome.jpg" alt="" />
<figcaption class="image-caption">The workplace has evolved to become a more forgiving place for its leaders. (Illustration by Lianne Dominguez)</figcaption>
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<p>But now that everyone&rsquo;s details, accomplishments, and track record are easily fact-checked and reviewed on the internet, there has been a rise in the number of anxiety-riddled executives. The same tool used for work productivity has also been a source of consternation.</p>
<p>The pressure to have intellectual and interpersonal superiority is at an all-time high. According to the National Library of Medicine, impostor syndrome (IS) is a behavioral health phenomenon described as self-doubt of intellect, skills, or accomplishments among high-achieving individuals. Yes! The seemingly poised manager could be a fa&ccedil;ade.</p>
<p>Despite the tremendous pressure for perfection, an article in Harvard Business Review offers a solution to ease some caffeine-stimulated corporate minds. The authors, in praise of &ldquo;The Incomplete Leader,&rdquo; recommend embracing imperfections to strengthen one&rsquo;s leadership abilities. It also said that organizations were evolving to become more collaborative than hierarchical.</p>
<p>Decisions should often be made in the context of the open economy, therefore as no senior executive has a monopoly on knowledge. The overarching theme was that: Leaders should determine the right colleague to handle areas of their perceived weaknesses.&nbsp;</p>
<p>In fact, four leadership capabilities are developed during this process: sense-making, relating, visioning, and inventing.</p>
<p>Arguably, many teams have adopted the practice of &ldquo;excellence&rdquo; over &ldquo;perfection&rdquo;. The culture of excellence, while forgiving mistakes and considering personal limitations, does not absolve leaders and team members from giving their best.</p>
<p>Accepting the new demands and realities of a hybrid workplace, especially for leaders, will empower and not overwhelm the incomplete leader.</p>',
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			'title' => 'Brewing success: How leadership catapulted Paradox Brewery to new heights',
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			'description' => 'Paradox Brewery President and founder Paul Mrocka is widely credited for driving the New York-based to new levels of success through strategic planning, data-driven decision-making, and effective international partnerships.',
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			'url' => 'brewing-success-how-leadership-catapulted-paradox-brewery-to-new-heights',
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			'content' => '<p><strong>Paradox Brewery President and founder Paul Mrocka </strong>is widely credited for driving the New York-based to new levels of success through strategic planning, data-driven decision-making, and effective international partnerships.</p>
<p>According to Mrocka, data isn't just numbers at Paradox Brewery. It's a roadmap to success.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-3-NYNJ-Paradox-Brewery.jpg" alt="" />
<figcaption class="image-caption">Paradox Brewery President and founder Paul Mrocka</figcaption>
</figure>
<p>In an interview with GMI POST, Mrocka emphasized their reliance on Information Resources, Inc. (IRI) data to understand market trends, consumer preferences, and competitor strategies.</p>
<p>&ldquo;We're very competitive in our prices and a data-driven company. We tell stories with this data that we buy. And we use that data to go to the buyer and talk to them about it,&rdquo; he said.</p>
<p>By leveraging IRI&rsquo;s data, Paradox Brewery gains insights that shape its marketing strategies and product development, ensuring it stays ahead in the fiercely competitive craft beer market.</p>
<p>Paradox Brewery isn't afraid to think big either. </p>
<p>&ldquo;You have to put the time in. You have to show up and get face-to-face with these people because there has to be a degree of comfort on both sides of the arrangement to buy beer from the other side of the planet,&rdquo;<strong> Director of Operations Devon Hamilton </strong>said about plans to expand globally.</p>
<p>By nurturing strong relationships with international partners, Paradox Brewery secures distribution channels and builds a global brand presence, Hamilton also said.</p>
<p>For Paradox Brewery, success isn't just about reacting to market trends but about anticipating and shaping them. Through constant planning and adaptation, the company stays at the forefront of innovation, offering a diverse and appealing portfolio to its customers.</p>
<p>&ldquo;We all sit down, talk about what did well last year, what we think we should bring back for next year, what the upcoming trends are, and argue about what our portfolio will be,&rdquo; Hamilton said.</p>
<p>As Paradox Brewery expands both domestically and internationally, the skills and dedication of its leaders will ensure the New York brand remains a beloved brand in the craft beer industry.</p>',
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			'title' => 'What Cambodia's honey industry can teach businesses ',
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			'description' => 'In 2021, Cambodia's government awarded its first geographic indication (GI) label for the wild honey harvested in Mondulkiri Province. The protected GI label, granted to local products with distinctive regional qualities, has elevated the profile of Cambodian honey on the global stage.',
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			'content' => '<p>Cambodia&rsquo;s honey industry has experienced steady growth in recent years. In 2021, the government awarded its first geographic indication (GI) label for the wild honey harvested in Mondulkiri Province. The protected GI label, granted to local products with distinctive regional qualities, has elevated the profile of Cambodian honey on the global stage.</p>
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<figcaption class="image-caption">Cambodia Honey Association Executive Director Sem Sreytouch</figcaption>
</figure>
<p>Although varieties like Modulkiri money have been harvested in Cambodia for centuries, efforts to streamline and formalize the industry&rsquo;s value chain are relatively recent and spearheaded by the Cambodia Honey Association (CHA), the main advocacy group representing the sector&rsquo;s stakeholders.</p>
<p>In an interview with GMI POST, CHA underscored the necessary steps to invigorate the industry while providing insight into navigating business in an emerging market landscape.&nbsp;</p>
<p><strong>&nbsp;</strong></p>
<p><span style="font-family: helvetica; font-size: 18pt;"><strong>Collaboration over competition </strong></span></p>
<p><strong>&nbsp;</strong></p>
<p><strong>CHA Executive Director Sem Sreytouch </strong>emphasizes the importance of shifting industry stakeholders&rsquo; mindset from competition to collaboration.</p>
<p>&ldquo;One of our main advocacies is to enact a change in mindset among Cambodian honey growers, apiaries, and other stakeholders in the value chain. A united front is required to elevate the overall standards of the Cambodian honey industry&rdquo; she said.</p>
<p><strong>&nbsp;</strong></p>
<p><span style="font-family: helvetica; font-size: 18pt;"><strong>Prioritize capacity building</strong></span></p>
<p><strong>&nbsp;</strong></p>
<p><strong>Peter Batt, Ph.D of Curtin University,</strong> also a fellow of the International Horticultural Congress, stressed the need for education and capacity-building at the grassroots level in emerging markets like Cambodia.</p>
<p>&ldquo;A key aspect of addressing challenges in Cambodia, particularly within the honey industry, was capacity building of smallholder farmers and empowering those farmers with basic and practical skills to help them grasp what it takes to thrive in trade,&rdquo; he said.</p>
<p><strong>&nbsp;</strong></p>
<p><span style="font-size: 1*pt;"><strong><span style="font-family: helvetica;">Explore untapped resources</span> </strong></span></p>
<p>&nbsp;</p>
<p>CHA also highlighted Cambodia's rich geographic diversity as a wellspring of untapped potential for future GI labels, such as honey from the lesser-known Tonle Sap Lake region. <strong>Dr. Try Yong</strong>, a beekeeping expert and an advisor to the Royal Ministry of Agriculture, underscored Cambodia&rsquo;s abundance of untapped honey collection areas in the rest of the country.</p>
<p>&ldquo;Regions like Tone Sap Lake and the western coasts offer promising opportunities. Despite the vast forests from which much of our honey originates, many areas lack GI certification, signaling significant untapped potential and future business opportunities for our kingdom,&rdquo; he said.</p>',
			'is_published' => true,
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			'section_summary' => 'In 2021, Cambodia's government awarded its first geographic indication (GI) label for the wild honey harvested in Mondulkiri Province. The protected GI label, granted to local products with distinctive regional qualities, has elevated the profile of Cambodian honey on the global stage.',
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			'id' => '545692',
			'title' => 'Wisconsin to give multimillion tax incentive to Kikkoman for new expansion',
			'description_old' => null,
			'description' => 'Kikkoman Foods Inc. has broken ground for its third manufacturing plant in Jefferson County and an expansion to its existing plant in neighboring Walworth County, Wisconsin. To support this fresh investment, the Wisconsin Economic Development Corp. (WEDC) plans to provide the Japanese soy sauce maker up to $15.5 million in performance-based tax credits.',
			'credit_id' => '48',
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			'url' => 'wisconsin-to-give-multimillion-tax-incentive-to-kikkoman-for-new-expansion',
			'tags' => 'US, Japan, Wisconsin, Economic Development, Food',
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			'content' => '<p>Kikkoman Foods Inc. has broken ground for its third manufacturing plant in Jefferson County and an expansion to its existing plant in neighboring Walworth County, Wisconsin. To support this fresh investment, the <strong>Wisconsin Economic Development Corp. (WEDC)</strong> plans to provide the Japanese soy sauce maker up to $15.5 million in performance-based tax credits.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-3-Kikkoman-Wisconsin.jpg" alt="" />
<figcaption class="image-caption">Wisconsin Economic Development Corporation CEO and Secretary Missy Hughes (Source: Milwaukee Business Journal)</figcaption>
</figure>
<p>Kikkoman&rsquo;s expansion in Wisconsin will inject $800 million into the state&rsquo;s economy and create 83 new jobs over the next decade. The Walworth facility, opened in 1973, is the company&rsquo;s highest-producing soy sauce factory globally.</p>
<p>Meanwhile, the plant in Jefferson City is scheduled to start operations in 2026 and will focus on soy sauce-related products, like teriyaki sauce. Aside from enhancing efficiency and scalability, the facility will bolster Kikkoman&rsquo;s sustainability efforts by using renewable energy sources and equipment with lower CO2 emissions.</p>
<p><strong>WEDC Secretary and CEO Missy Hughes</strong> welcomed the announcement: &ldquo;Fifty years ago, Kikkoman made history by choosing Walworth, Wisconsin for its first international brewing plant. Now, by expanding its presence in Jefferson, Kikkoman is opening a new chapter in its history.&rdquo;</p>
<p><strong>Jefferson City Mayor Dale Oppermann</strong> expressed appreciation for Kikkoman&rsquo;s continued trust in the region: &ldquo;Kikkoman&rsquo;s decision to invest in Jefferson underscores the strength and appeal of our local food and beverage niche. We look forward to a long, prosperous partnership.&rdquo;</p>
<p>Meanwhile, <strong>Kikkoman Chair and honorary CEO Yuzauro Mogi </strong>said the company&rsquo;s choice of Wisconsin was rooted in several factors, among them its location, which provided convenient market access, as well as its skilled workforce, easy availability of raw materials, an abundance of clean water, the collaborative spirit of the local community.</p>
<p>&ldquo;We look forward to expanding our footprints in Wisconsin and establishing a supply chain with increased stability in North America,&rdquo; he also said.</p>
<p>Over the past five decades, Kikkoman has transformed rural Wisconsin through partnerships with the local community, donating more than $17 million to charitable organizations.</p>
<p>As one of the first production facilities set up by a Japanese company in the United States, the Walworth plant is seen as a valuable symbol of the close business and cultural partnership between the two countries.</p>
<p>&ldquo;Whether it&rsquo;s providing thousands of jobs, bolstering our economy or providing us and the world with phenomenal soy sauce, Kikkoman is doing good work across Wisconsin and the country. I am grateful for their continued partnership and expansion in Wisconsin,&rdquo; said <strong>Gov. Tony Evers</strong>.</p>',
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			'id' => '545693',
			'title' => 'New York wants more Japanese chipmakers in the state',
			'description_old' => null,
			'description' => 'Empire State Development (ESD), the umbrella organization for New York's two main economic development corporations, wants more Japanese chip industry suppliers to open operations in the state to support the upcoming manufacturing facilities of Micron Technology, the world's fourth-largest semiconductor company.',
			'credit_id' => '48',
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			'url' => 'new-york-wants-more-japanese-chipmakers-in-the-state',
			'tags' => 'US, Japan, New York, Economic Development, IT',
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			'content' => '<p><strong>Empire State Development (ESD)</strong>, the umbrella organization for New York's two main economic development corporations, wants more Japanese chip industry suppliers to open operations in the state to support the upcoming manufacturing facilities of Micron Technology, the world&rsquo;s fourth-largest semiconductor company.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-3-Micron-NY.jpg" alt="" />
<figcaption class="image-caption">Empire State Development President Hope Knight (Source: Empire State Development)</figcaption>
</figure>
<p>&ldquo;Last year, we were able to attract Micron to central New York. With the large investment that Micron is making, $100 billion, we know that we have to build an ecosystem to support that activity. That's why we're here on this mission: to talk to Japanese firms, some of Micron's suppliers, to come and locate in New York,&rdquo; <strong>ESD President Hope Knight</strong> told Nikkei Asia.</p>
<p>While Knight did not name the companies she spoke to during her visit to Japan, she mentioned that some were &ldquo;very excited about the possibility&rdquo; of investing in the state.</p>
<p>Micron, the only memory and storage manufacturer in the United States, has announced plans to build a $100 billion &ldquo;mega fab,&rdquo; which will employ more than 9,000 people, near Syracuse in upstate New York.</p>
<p>Even before the CHIPS and Science Act became federal law in 2022, New York had unveiled its $10 billion program, called Green CHIPS, which offered tax incentives to chip manufacturers. Participants of Green CHIPS can benefit from zero corporate income tax rates and receive tax credits based on their capital spending and research and development expenditures.</p>
<p>&ldquo;We customize a package for you,&rdquo; said Knight, who emphasized that incentives are tailored based on various factors, like the number of jobs created and size of investment.</p>
<p>The ESD president highlighted the importance of bringing back chip manufacturing to the United States, citing national security concerns and geopolitical trends, and underscored New York's manufacturing legacy and its readiness to revive its manufacturing sector.</p>
<p>New York has prioritized chip manufacturing as a key industry for economic growth. Apart from IBM, 75 other semiconductor-related companies have made new investments in the state. And since the introduction of Green CHIPS, total investments have reached $112 billion.</p>
<p>On concerns surrounding the high cost of living and labor costs associated with New York City, Knight said that cities in upstate New York, such as Albany, Syracuse, Rochester and Buffalo, offer affordability and have cheaper sources of clean power.</p>
<p>As head of ESD, Knight works closely with Gov. Kathy Hochul in developing the state economy through various measures like financing, subsidies, and tax breaks. As of 2022, ESD has been involved in at least 190 projects.</p>',
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			'id' => '545694',
			'title' => 'Toyota unveils $1.4 billion investment in Indiana to make more electric vehicles',
			'description_old' => null,
			'description' => 'Toyota, the world's largest automaker, has announced a $1.4 billion expansion of its factory in the U.S. state of Indiana to produce electric vehicles (EVs) starting in 2026. With the new expansion, Toyota Motor Manufacturing Indiana will become the company's second EV production facility in the United States.',
			'credit_id' => '48',
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			'url' => 'toyota-unveils-14-billion-investment-in-indiana-to-make-more-electric-vehicles',
			'tags' => 'US, Japan, Indiana, Electric Vehicles',
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			'content' => '<p>Toyota, the world&rsquo;s largest automaker, has announced a $1.4 billion expansion of its factory in the U.S. state of Indiana to produce electric vehicles (EVs) starting in 2026. With the new expansion, Toyota Motor Manufacturing Indiana will become the company&rsquo;s second EV production facility in the United States.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-3-Toyota-EVs.jpg" alt="" />
<figcaption class="image-caption">Toyota Motor Manufacturing Indiana President Tim Hollander (Source: PR Newswire)</figcaption>
</figure>
<p>According to Nikkei Asia, the investment will create 340 new high-quality jobs and increase the company&rsquo;s total number of employees in Indiana to around 8,000. The expansion also raises</p>
<p>Toyota&rsquo;s total investment in the state to $8 billion, Green Car Congress reported. <br /><br />Toyota&rsquo;s decision to increase EV production comes amid a surge in demand for its hybrid models, said CBT News.</p>
<p>In April, Toyota reported record annual sales for the fiscal year ending in March, surpassing the 10 million-unit mark for the first time. Its hybrid models have played a major role in growing the company&rsquo;s market share over the past year.</p>
<p>Toyota&rsquo;s only other EV factory in the United States is in Kentucky. The facility Georgetown is due to begin operations next year.</p>
<p>"Since 2021, Toyota has announced new investments totaling $18.6 billion into its U.S. manufacturing operations to support electrification efforts," the company said.</p>',
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	(int) 7 => array(
		'Articles' => array(
			'id' => '545689',
			'title' => 'Singapore: A fertile ground for Edtech ',
			'description_old' => null,
			'description' => 'Globally, education technology (Edtech) is a rapidly growing sector. According to Precision Report's EdTech Market Research Report 2024, the global Edtech market size was valued at $115 billion in 2021 and is expected to reach $467 billion by 2027. ',
			'credit_id' => '48',
			'image' => null,
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			'url' => 'singapore-a-fertile-ground-for-edtech',
			'tags' => 'Japan, Singapore, Education',
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			'content' => '<p>Globally, education technology (Edtech) is a rapidly growing sector. According to Precision Report&rsquo;s EdTech Market Research Report 2024, the global Edtech market size was valued at $115 billion in 2021 and is expected to reach $467 billion by 2027.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-2-SG-Education.jpg" alt="" />
<figcaption class="image-caption">Starting them young: Singapore's education system has gained admiration from around the world.</figcaption>
</figure>
<p>Singapore has stood out as one of the most fertile grounds for the sector&rsquo;s growth. The origins of Singapore&rsquo;s thriving Edtech sector can be traced back to 2014, when the country&rsquo;s national government enacted its Smart Nation initiative, which required schools to incorporate innovation and technology in the daily lives of Singaporean families.</p>
<p>According to UNESCO, the challenge for schools was to create meaningful learning experiences that reflected such integration, which meant that highly qualified faculty must constantly be engaged in research and innovation. Otherwise, how can one teach about advancements while experiencing none?</p>
<p>Since the enactment of the Smart Nation initiative, there have been more than 790 Edtech startups launched in Singapore. Today, the government continues to invest heavily in training its future labor pool. <br /><br />Aside from encouraging life-long learning, the city-state&rsquo;s government has also rolled out other initiatives to boost the growth of Edtech in Singapore, like an ICT masterplan, infrastructure upgrades, accelerator programs, increased connectivity in schools, and access to learning resources and opportunities for collaborations for schools and startups.</p>
<p>Those looking to start or invest in an Edtech venture will reap many benefits by betting on Singapore.</p>',
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			'id' => '545690',
			'title' => 'Columbia University seeks closer partnerships with Japan ',
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			'description' => 'The Japan Study Student Association at Columbia University's School of International and Public Affairs organized a visit to Japan in March to allow some of its members to learn more about the country's government, people, culture, and food.',
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			'content' => '<p>The Japan Study Student Association at <strong>Columbia University&rsquo;s School of International and Public Affairs </strong>organized a visit to Japan in March to allow some of its members to learn more about the country&rsquo;s government, people, culture, and food.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-2-NYNJ-JASSA-Education.jpg" alt="" />
<figcaption class="image-caption">JASSA representatives during their Japan trip</figcaption>
</figure>
<p>&ldquo;The Japan trip was a phenomenal opportunity not only from a career development perspective but also from a personal development perspective,&rdquo; JASSA Representative Daniel Alvarez said in an article posted on SIPA&rsquo;s website.</p>
<p>&ldquo;Speaking with top politicians, participating in cultural ceremonies, learning about critical events in Japan&rsquo;s history, experiencing the excellent cuisine, and enjoying the nightlife with new friends made for a very well-rounded trip and once-in-a-lifetime experience,&rdquo; Alvarez added.</p>
<p>For SIPA students who want to join future Japan trips, Alvarez encouraged fellow members to attend upcoming JASSA events so they can express their interest to the organizers. The trip was just one of many events of SIPA to bolster U.S.-Japan cooperation.</p>
<p>In June 2023<strong>, SIPA Dean Keren Yarhi-Milo</strong> visited the University of Tokyo's Graduate School of Public Policy, a fellow member of the Global Public Policy Network, where she held pivotal discussions to enhance cross-cultural exchange. <br /><br />In interviews with local media, including Nikkei Asia and TV Tokyo, Yarhi-Milo highlighted SIPA's commitment to integrating Japanese perspectives within its academic community.</p>
<p>&ldquo;We want our students and our faculty to be involved and engaged with Japan,&rdquo; said Yarhi-Milo as she recognized the country&rsquo;s significant economic and strategic influence in East Asia.</p>',
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			'id' => '545691',
			'title' => '3 reasons Japan-Cambodia education partnerships are thriving',
			'description_old' => null,
			'description' => 'As Cambodia and Japan commemorate 70 years of diplomatic relations, the two nations look forward to a new era in their partnership as they seek fresh fields of collaboration. More and more Japanese recognize Cambodia's untapped potential and hope to play a role in the development of its population.',
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			'url' => '3-reasons-japan-cambodia-education-partnerships-are-thriving',
			'tags' => 'Japan, Cambodia, Education',
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			'content' => '<p>As Cambodia and Japan commemorate 70 years of diplomatic relations, the two nations look forward to a new era in their partnership as they seek fresh fields of collaboration. More and more Japanese recognize Cambodia&rsquo;s untapped potential and hope to play a role in the development of its population.</p>
<p>For instance, the increased prominence of the <strong>Institute of Technology of Cambodia </strong>among the expatriate population reveals three key reasons Cambodia&rsquo;s educational landscape has attracted the attention of the Japanese community.</p>
<p>&nbsp;</p>
<p><span style="font-family: helvetica; font-size: 16pt;"><strong>The population is young, growing and mobile</strong></span></p>
<p>&nbsp;</p>
<p>CiteSeerX reports that nearly 70% of Cambodians are 29-years old and younger. <br /><br />&ldquo;Among Cambodia&rsquo;s younger generation, the literacy rate is reported to be quite high because of increasing opportunities for education. The gender gap among young adults is not so substantial, although some age group differences exist,&rdquo; Japan International Cooperation Agency said in its 2023 Country Study.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-2-CAMB-Japan-Education.jpg" alt="" />
<figcaption class="image-caption">Institute of Technology of Cambodia Rector Dr. Po Kimtho (left) and Kanazawa University President Takashi Wada (right)</figcaption>
</figure>
<p>&ldquo;This implies that very well-targeted literacy education by age, sex, geography, time of the class, and contents of the class will likely bring about significant domestic and foreign partnerships in Cambodia&rsquo;s education sector,&rdquo; the study added.An example of such a partnership is that between ITC and Panasonic Cambodia. ITC is one of only two institutions in the kingdom to receive scholarships from Panasonic Cambodia, the local subsidiary of Japanese tech giant Panasonic Group. Panasonic Cambodia Country Head Yosunoby Matsumoto said the initiative will be a means to &ldquo;maximize workforce potential, fostering growth, and nurturing the next generation of leaders.&rdquo;</p>
<p>According to Matsumoto, Panasonic Cambodia recognizes the talented local science and technology students and continues to invest in their capacity building to develop the next generation of technology business leaders that will allow them to participate in a global economy.</p>
<p><strong>&nbsp;</strong></p>
<p><span style="font-size: 16pt;"><strong><span style="font-family: helvetica;">It is open to international collaboration</span> </strong></span></p>
<p>&nbsp;</p>
<p>Cambodia is home to more than 128 higher education institutions, at least 45 of which (including ITC) have active international partnerships with universities and organizations abroad. ITC&rsquo;s outreach activities have helped position itself as an ideal partner for Japanese ventures.</p>
<p>Last year, the deputy director of ITC, along with six other academic delegates, visited the Tokyo Institute of Technology (Tokyo Tech), to partake in the training course &ldquo;Project for Strengthening Engineering Education and Research for Industrial Development in Cambodia,&rdquo; organized by JICA.</p>
<p>Subsequently, JICA formalized an agreement with ITC to strengthen engineering education and research in industrial development in Cambodia</p>
<p>&nbsp;</p>
<p><span style="font-family: helvetica; font-size: 16pt;"><strong>A growing vocationally and technically proficient workforce</strong></span></p>
<p>&nbsp;</p>
<p>&ldquo;Strengthening technical and vocational training is pivotal to attracting Japanese investment in Cambodia,&rdquo; said Labor and Vocational Training Minister Heng Sour, who urged JICA to persist in developing human resources in these domains, a statement that JICA President Sanui Kazumasa agreed with.</p>
<p>ITC, a partner of JICA, produces approximately 3,700 undergraduate and graduate students specializing in science, technology, and engineering.</p>',
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			'id' => '545686',
			'title' => 'Japan's JERA and Inpex to invest in separate U.S. ammonia projects',
			'description_old' => null,
			'description' => 'To bolster Japan's clean energy initiatives, two major Japanese energy companies, JERA and Inpex, are preparing to invest in separate projects in the United States that will produce ammonia for clean-burning power generation in Japan, Nikkei Asia reports. ',
			'credit_id' => '48',
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			'url' => 'japans-jera-and-inpex-to-invest-in-separate-us-ammonia-projects',
			'tags' => 'US, Japan, Investment, Green Energy',
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			'content' => '<p>To bolster Japan's clean energy initiatives, two major Japanese energy companies,<strong> JERA</strong> and <strong>Inpex</strong>, are preparing to invest in separate projects in the United States that will produce ammonia for clean-burning power generation in Japan, Nikkei Asia reports.</p>
<figure class="image-container floated-right" style="float: right;"><img class="align-right" src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-2-JERA-and-Inpex.jpg" alt="" />
<figcaption class="image-caption">Inpex President Takayuki Ueda</figcaption>
</figure>
<p><strong>JERA Global CEO and Chair Yukio Kani </strong>and<strong> Inpex President Takayuki Ueda</strong> confirmed the investments with local U.S. media at the CERAWeek 2024 energy industry conference held in Houston, Texas.</p>
<p>JERA, a joint venture between Tokyo Electric Power and Chubu Electric Power, announced its partnership with Oklahoma-based green energy company, Greenfield Energy. Together, they will build a facility in Louisiana to produce green ammonia using renewable energy sources.</p>
<p>Kani also confirmed to media that JERA will hire more people at its U.S. arm, aiming to expand the workforce by 30% after a year to around 250 employees.</p>
<p>On the other hand, Inpex, a leading oil and gas exploration and production company, is exploring opportunities in Texas to establish its own ammonia production facility.</p>
<p>According to Nikkei Asia, Inpex plans to produce 1.1 million tons of ammonia annually in Houston by 2027.</p>
<p>The investments by JERA and Inpex mark significant milestones in Japan's quest for cleaner energy alternatives.</p>',
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			'title' => 'Kishida visits North Carolina: Why is it groundbreaking?',
			'description_old' => null,
			'description' => 'To promote Japanese contribution to the United States' investment landscape, Prime Minister Fumio Kishida visited North Carolina in April to tour the site of Toyota Motor Corp.'s electric and hybrid battery plant in the city of Greensboro.',
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			'content' => '<p>To promote Japanese contribution to the United States&rsquo; investment landscape, <strong>Prime Minister Fumio Kishida</strong> visited North Carolina in April to tour the site of Toyota Motor Corp.&rsquo;s electric and hybrid battery plant in the city of Greensboro.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-2-Kishida-Visit-to-NC.jpg" alt="" />
<figcaption class="image-caption">Japanese Prime Minister Fumio Kishida (center) visits Toyota's EV battery plant being built in North Carolina. (Photo source: Nikkei Asia)</figcaption>
</figure>
<p>Kishida&rsquo;s visit marked a historic moment in U.S.-Japan relations because it was the first time since 1891 that a foreign head of state visited the governor&rsquo;s mansion and the first time in a decade that a Japanese prime minister visited the state.</p>
<p>&ldquo;I am honored to be here in North Carolina to showcase the multilayered and strong ties between the United States and Japan,&rdquo; Kishida told guests at the luncheon at the state governor&rsquo;s mansion. He also lauded North Carolina for being a state &ldquo;at the forefront of the times.&rdquo;</p>
<p>Japan remains North Carolina&rsquo;s largest foreign direct investor, employing over 30,000 people in over 200 Japanese companies.</p>
<p>According to the Environmental Defense Fund, North Carolina leads all U.S. states in electric vehicle (EV) investment, attracting over $19 billion in the past year. This is attributed to its world-class infrastructure, skilled workforce, and favorable local policies.</p>
<p>Capitalizing on that environment, Japanese automakers have expanded their EV production capacity in the state. Toyota invested an additional $8 billion in its Greensboro battery plant, raising its total capital investment to around $14 billion and generating more than 5,000 new jobs.</p>
<p>Chiaki Takagi, a Japanese studies lecturer at the University of North Carolina Greensboro, highlighted the significance of Kishida&rsquo;s visit: &ldquo;This whole thing will provide the area with opportunities to be engaged in very active cultural exchange between Japan and the U.S.&rdquo;</p>',
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			'title' => 'Renowned U.S. chip designer wants to end Nvidia's global dominance',
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			'description' => 'Tenstorrent CEO Jim Keller, who worked for Intel, AMD and Tesla, said in an interview with Nikkei Asia that he wants to lower the price of AI applications by designing chips that are more efficient than Nvidia's and, in the process, end the American giant's global market dominance.',
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			'url' => 'renowned-us-chip-designer-wants-to-end-nvidias-global-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&rsquo;s global market dominance.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-13-Tenstorrent.jpg" alt="" />
<figcaption class="image-caption">Tenstorrent CEO Jim Keller (Photo source: Tenstorrent)</figcaption>
</figure>
<p>Headquartered in Toronto, Tenstorrent has offices in Austin, Texas and Santa Clara, California, as well as in Belgrade, Tokyo, Bangalore, and Seoul. The company claims to be developing AI processors that perform as efficiently as Nvidia's AI GPUs but at a lower cost.</p>
<p>At present, Nvidia is the global market leader when it comes to AI chips. Its AI accelerators command between 70% and 95% of the global market share, according to CNBC.</p>
<p>Keller also said in the interview that Tenstorrent hopes to sell its second-generation multipurpose AI chip by the end of this year.</p>
<p>According to Keller, Tenstorrent can achieve its objective because it does not use high-bandwidth memory (HBM), a popular type of advanced memory chip capable of transferring large amounts of data quickly. HBM is a vital component for generative AI chips and has played a significant role in the success of Nvidia's offerings.</p>
<p>But Keller pointed out that HBM was also one of the culprits behind the massive energy consumption and high prices of AI chips.</p>
<p>"Even the people that use HBM struggle with the cost of it, [and] the design time to build it,&rdquo; 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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			'id' => '545757',
			'title' => 'ITOCHU to take part in Taiwan's smart city project ',
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			'description' => 'Tokyo-based trading giant ITOCHU secured a contract to develop and test AI systems that will help run the transportation network and energy infrastructure of a future smart city project in southern Taiwan, according to a company press release.',
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			'content' => '<p>Tokyo-based trading giant <strong>ITOCHU</strong> secured a contract to develop and test AI systems that will help run the transportation network and energy infrastructure of a future smart city project in southern Taiwan, according to a company press release.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-13-ITOCHU-Taiwan.jpg" alt="" />
<figcaption class="image-caption">ITOCHU plans to roll out AI-powered buses for Taiwan's new smart city project in Tainan. (Photo source: Nikkei Asia)</figcaption>
</figure>
<p>ITOCHU outbid other parties interested in the Integrated Development Project for Shalun Smart Green Energy Science City located in Tainan. The early-stage contract, according to Nikkei Asia, is worth around $332,000 (10.8 million New Taiwan dollars).</p>
<p>According to ITOCHU, the goal is to test its AI systems on a trial basis by the end of October. This is the first time the trading house has officially participated in an overseas smart city project.</p>
<p>The Taiwanese government also announced plans to earmark an additional $306.9 million (or 10 billion NTD) to develop the country&rsquo;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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			'id' => '545758',
			'title' => 'Melexis opens its largest wafer testing site in Malaysia',
			'description_old' => null,
			'description' => 'Belgium-based supplier of semiconductor solutions Melexis has opened its largest wafer testing site worldwide in Kuching in the Malaysian state of Sarawak to strengthen its presence in Asia-Pacific and meet the rising demand for semiconductors around the world, according to a company announcement.',
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			'tags' => 'Malaysia, Belgium, IT',
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			'content' => '<p>Belgium-based supplier of semiconductor solutions <strong>Melexis</strong> has opened its largest wafer testing site worldwide in Kuching in the Malaysian state of Sarawak to strengthen its presence in Asia-Pacific and meet the rising demand for semiconductors around the world, according to a company announcement.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-13-Melexis.jpg" alt="" />
<figcaption class="image-caption">Melexis' new 70 million-euro facility in Kuching is a nod to the local architectural design. (Photo source: Melexis)</figcaption>
</figure>
<p>Wafer testing is part of the manufacturing process wherein all individual integrated circuits are checked for functional defects through special test patterns.</p>
<p>According to Melexis, its expansion in Malaysia is a strategic move to streamline logistics and reduce its ecological footprint. Additionally, it selected Kuching because of its diverse, multilingual, entrepreneurial and highly skilled workforce.</p>
<p><strong>Melexis CEO Marc Biron </strong>said, &ldquo;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.&rdquo;</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&rsquo;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>&ldquo;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,&rdquo; <strong>Sarawak&rsquo;s Ministry of International Trade, Industry and Investment </strong>said in a statement<strong>.</strong></p>
<p>&ldquo;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,&rdquo; the statement also said.</p>',
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			'id' => '545753',
			'title' => 'ITOCHU invests in U.S. hydrogen aircraft engine maker ZeroAvia',
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			'description' => 'Japanese trading giant ITOCHU announced this month it had invested in ZeroAvia, a British-American maker of hydrogen-electric engines for aircraft, according to a company statement.',
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			'content' => '<p>Japanese trading giant <strong>ITOCHU</strong> announced this month it had invested in <strong>ZeroAvia</strong>, a British-American maker of hydrogen-electric engines for aircraft, according to a company statement.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-13-Itochu-ZeroAvia.jpg" alt="" />
<figcaption class="image-caption">An aircraft powered by ZeroAvia's hydrogen-electric engines (Photo source: ZeroAvia)</figcaption>
</figure>
<p>Founded in 2018, ZeroAvia describes itself as &ldquo;a team of passionate innovators dedicated to bringing safe, zero-emission flight to aviation.&rdquo; The company claims its hydrogen-electric propulsion systems are &ldquo;the most environmentally friendly and economically attractive solution to aviation&rsquo;s growing climate change impact.&rdquo;</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&rsquo;s long-term goal of helping save the planet by decarbonizing the aviation industry.</p>',
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			'id' => '545754',
			'title' => 'Virginia is named the best U.S. state for business',
			'description_old' => null,
			'description' => 'For the third time in the last five years, Virginia was ranked America's Top State for Business in 2024 by CNBC, which cited the state for having the best public schools in the country. It grabbed the top spot in 2007, 2009, 2011, 2019, and 2021.',
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			'content' => '<p>For the third time in the last five years,<strong> Virginia</strong> was ranked America&rsquo;s Top State for Business in 2024 by CNBC, which cited the state for having the best public schools in the country. It grabbed the top spot in 2007, 2009, 2011, 2019, and 2021.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-13-Virginia.jpg" alt="" />
<figcaption class="image-caption">Fairfax County Economic Development Authority President and CEO Victor Hoskins (Photo source: Fairfax County Economic Development Authority)</figcaption>
</figure>
<p>&ldquo;Congratulations to Virginia on being named America&rsquo;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,&rdquo; 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&rsquo;s 10 categories this year, &ldquo;a rare feat,&rdquo; 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&rsquo;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&rsquo;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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			'title' => 'FANUC America unveils new $110m U.S. robot center in Michigan',
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			'description' => 'The U.S. subsidiary of Japanese group FANUC, one of the world's largest makers of industrial robots, has opened a $110 million facility in Michigan to store, sell and maintain made-in-Japan industrial robots for North American customers, according to a statement from FANUC America.',
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			'content' => '<p>The U.S. subsidiary of Japanese group <strong>FANUC</strong>, one of the world&rsquo;s largest makers of industrial robots, has opened a $110 million facility in Michigan to store, sell and maintain made-in-Japan industrial robots for North American customers, according to a statement from FANUC America.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-13-FANUC.jpg" alt="" />
<figcaption class="image-caption">Michigan Gov. Gretchen Whitmer (center) with senior officers of FANUC America at its West Campus. (Photo source: FANUC America)</figcaption>
</figure>
<p>The new 650,000-square-foot facility was inaugurated on July 10 and is located in FANUC America&rsquo;s West Campus in Auburn Hills, Michigan. The expansion increases the company&rsquo;s footprint in Michigan to over 2 million square feet and is part of FANUC America&rsquo;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,&rdquo; <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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			'description' => 'K Health, a leading AI-driven primary care company that provides 24/7 virtual primary care solutions through its mobile app, announced this month that it had raised $50 million in funding led by Claure Group with participation from investors, including Pablo Legorreta (founder and CEO of Royalty Pharma) and Mangrove Capital Partners, Valor Equity Partners, and Atreides Management.',
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			'content' => '<p><strong>K Health</strong>, a leading AI-driven primary care company that provides 24/7 virtual primary care solutions through its mobile app, announced this month that it had raised $50 million in funding led by Claure Group with participation from investors, including Pablo Legorreta (founder and CEO of Royalty Pharma) and Mangrove Capital Partners, Valor Equity Partners, and Atreides Management.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-12-NYNJ-K-Health-Alan-Bloch.jpg" alt="" />
<figcaption class="image-caption">K Health founder and CEO Allon Bloch (Photo source: K Health)</figcaption>
</figure>
<p>K Health said in the same statement that it had been developing its own AI technology for more than seven years. Today, it can provide 24/7 virtual primary care solutions to millions of people in the United States.</p>
<p>The K Health platform includes clinical-grade medical chat and AI predictive models based on large datasets to help physicians optimize diagnosis and treatment and focus on patient care.</p>
<p>Instead of doctors taking patients through lengthy procedures and manually piecing together their medical history from electronic medical records, K Health allows healthcare providers to engage more quickly and closely with patients by giving them a complete medical chart with patient insights straight from the app.</p>
<p>According to K Health, this new model of care delivery achieves dramatically higher quality of care at lower costs compared to traditional primary care.</p>
<p>&ldquo;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,&rdquo; explained<strong> K Health founder and CEO Allon Bloch.</strong></p>
<p>&ldquo;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,&rdquo; 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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			'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>
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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>&ldquo;Shim&rsquo;s visit will further contribute to the promotion of trade relations between Cambodia and Canada,&rdquo; 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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<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>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&rsquo;s only pediatric kidney and liver transplant program.</p>',
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		'title' => 'Brewing success: How leadership catapulted Paradox Brewery to new heights',
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		'description' => 'Paradox Brewery President and founder Paul Mrocka is widely credited for driving the New York-based to new levels of success through strategic planning, data-driven decision-making, and effective international partnerships.',
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		'content' => '<p><strong>Paradox Brewery President and founder Paul Mrocka </strong>is widely credited for driving the New York-based to new levels of success through strategic planning, data-driven decision-making, and effective international partnerships.</p>
<p>According to Mrocka, data isn't just numbers at Paradox Brewery. It's a roadmap to success.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-3-NYNJ-Paradox-Brewery.jpg" alt="" />
<figcaption class="image-caption">Paradox Brewery President and founder Paul Mrocka</figcaption>
</figure>
<p>In an interview with GMI POST, Mrocka emphasized their reliance on Information Resources, Inc. (IRI) data to understand market trends, consumer preferences, and competitor strategies.</p>
<p>&ldquo;We're very competitive in our prices and a data-driven company. We tell stories with this data that we buy. And we use that data to go to the buyer and talk to them about it,&rdquo; he said.</p>
<p>By leveraging IRI&rsquo;s data, Paradox Brewery gains insights that shape its marketing strategies and product development, ensuring it stays ahead in the fiercely competitive craft beer market.</p>
<p>Paradox Brewery isn't afraid to think big either. </p>
<p>&ldquo;You have to put the time in. You have to show up and get face-to-face with these people because there has to be a degree of comfort on both sides of the arrangement to buy beer from the other side of the planet,&rdquo;<strong> Director of Operations Devon Hamilton </strong>said about plans to expand globally.</p>
<p>By nurturing strong relationships with international partners, Paradox Brewery secures distribution channels and builds a global brand presence, Hamilton also said.</p>
<p>For Paradox Brewery, success isn't just about reacting to market trends but about anticipating and shaping them. Through constant planning and adaptation, the company stays at the forefront of innovation, offering a diverse and appealing portfolio to its customers.</p>
<p>&ldquo;We all sit down, talk about what did well last year, what we think we should bring back for next year, what the upcoming trends are, and argue about what our portfolio will be,&rdquo; Hamilton said.</p>
<p>As Paradox Brewery expands both domestically and internationally, the skills and dedication of its leaders will ensure the New York brand remains a beloved brand in the craft beer industry.</p>',
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Notice (8): Undefined index: SpecialFeature [APP/View/Featuresite/upcomingfeaturelist.ctp, line 53]
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			'description' => 'Boston's Japanese food scene got more diverse with the opening in April of Sakabayashi Sushi Tavern, a subsidiary of Japan's largest conveyor-belt sushi chain, Sushiro. The restaurant is the first investment of its parent company, Food & Life Co., in the United States. ',
			'credit_id' => '48',
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			'content' => '<p>Boston&rsquo;s Japanese food scene got more diverse with the opening in April of Sakabayashi Sushi Tavern, a subsidiary of Japan&rsquo;s largest conveyor-belt sushi chain, Sushiro. The restaurant is the first investment of its parent company, <strong>Food &amp; Life Co.</strong>, in the United States.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-4-Sushiro.jpg" alt="" />
<figcaption class="image-caption">Food &amp; Life Companies USA President Yosuke Tanaka (Source: LinkedIn/Yosue Tanaka)</figcaption>
</figure>
<p>Sakabayashi retained the original restaurant&rsquo;s <em>izakaya </em>style of dining<em>, </em>wherein patrons can eat and drink in a casual setting. With menu items priced from under $10, the restaurant wants to attract a diverse crowd.</p>
<p>&ldquo;Ensuring affordability while providing an authentic Japanese experience to Americans is paramount. Eighty percent of our menu is recreated from Japan. Our raw ingredients are sourced from our global procurement chain,&rdquo; said <strong>Food &amp; Life Companies USA President Yosuke Tanaka.</strong></p>
<p>Although Sakabayashi Sushi Tavern is Food and Life&rsquo;s first foray in the country, the group has many years of international experience. With operations in eight countries, primarily in Asia, Food &amp; Life aims to generate $1.45 billion in overseas revenue by the end of the fiscal year 2026 by opening more conveyor-belt sushi restaurants in the United States.</p>
<p>&ldquo;Our priority is not limited to deploying our existing brand but also to discovering, developing, and expanding new brands and food-services formats through the reinforcement of our competitive advantages in ingredient development, procurement, and supply chain management,&rdquo; said <strong>Food &amp; Life Ltd. President and CEO Koichi Mizutome.</strong></p>
<p>Mizutome&rsquo;s confidence stems from the growing popularity of Japanese cuisine in the United States. In 2023, revenues of sushi restaurants in America grew by 4.5% and are expected to grow further, according to research firm IBIS World.</p>
<p>In the United States, ramen shops are also growing more popular as various Japanese chains, like Fukuoka and Ramen Santouka, plan to open more outlets across the country.</p>',
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			'title' => 'Impostor Syndrome and The Incomplete Leader',
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			'description' => 'Now that everyone's details, accomplishments, and track record are easily fact-checked and reviewed on the internet, there has been a rise in the number of anxiety-riddled executives. The same tool used for work productivity has also been a source of consternation.',
			'credit_id' => '48',
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			'content' => '<p>The notion that &ldquo;leaders have to be flawless&rdquo; is starting to disappear. Access to unlimited information, a.k.a. the Internet, should have changed this perception ages ago.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-3-SG-Impostor-Syndrome.jpg" alt="" />
<figcaption class="image-caption">The workplace has evolved to become a more forgiving place for its leaders. (Illustration by Lianne Dominguez)</figcaption>
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<p>But now that everyone&rsquo;s details, accomplishments, and track record are easily fact-checked and reviewed on the internet, there has been a rise in the number of anxiety-riddled executives. The same tool used for work productivity has also been a source of consternation.</p>
<p>The pressure to have intellectual and interpersonal superiority is at an all-time high. According to the National Library of Medicine, impostor syndrome (IS) is a behavioral health phenomenon described as self-doubt of intellect, skills, or accomplishments among high-achieving individuals. Yes! The seemingly poised manager could be a fa&ccedil;ade.</p>
<p>Despite the tremendous pressure for perfection, an article in Harvard Business Review offers a solution to ease some caffeine-stimulated corporate minds. The authors, in praise of &ldquo;The Incomplete Leader,&rdquo; recommend embracing imperfections to strengthen one&rsquo;s leadership abilities. It also said that organizations were evolving to become more collaborative than hierarchical.</p>
<p>Decisions should often be made in the context of the open economy, therefore as no senior executive has a monopoly on knowledge. The overarching theme was that: Leaders should determine the right colleague to handle areas of their perceived weaknesses.&nbsp;</p>
<p>In fact, four leadership capabilities are developed during this process: sense-making, relating, visioning, and inventing.</p>
<p>Arguably, many teams have adopted the practice of &ldquo;excellence&rdquo; over &ldquo;perfection&rdquo;. The culture of excellence, while forgiving mistakes and considering personal limitations, does not absolve leaders and team members from giving their best.</p>
<p>Accepting the new demands and realities of a hybrid workplace, especially for leaders, will empower and not overwhelm the incomplete leader.</p>',
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			'title' => 'Brewing success: How leadership catapulted Paradox Brewery to new heights',
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			'description' => 'Paradox Brewery President and founder Paul Mrocka is widely credited for driving the New York-based to new levels of success through strategic planning, data-driven decision-making, and effective international partnerships.',
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			'url' => 'brewing-success-how-leadership-catapulted-paradox-brewery-to-new-heights',
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			'content' => '<p><strong>Paradox Brewery President and founder Paul Mrocka </strong>is widely credited for driving the New York-based to new levels of success through strategic planning, data-driven decision-making, and effective international partnerships.</p>
<p>According to Mrocka, data isn't just numbers at Paradox Brewery. It's a roadmap to success.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-3-NYNJ-Paradox-Brewery.jpg" alt="" />
<figcaption class="image-caption">Paradox Brewery President and founder Paul Mrocka</figcaption>
</figure>
<p>In an interview with GMI POST, Mrocka emphasized their reliance on Information Resources, Inc. (IRI) data to understand market trends, consumer preferences, and competitor strategies.</p>
<p>&ldquo;We're very competitive in our prices and a data-driven company. We tell stories with this data that we buy. And we use that data to go to the buyer and talk to them about it,&rdquo; he said.</p>
<p>By leveraging IRI&rsquo;s data, Paradox Brewery gains insights that shape its marketing strategies and product development, ensuring it stays ahead in the fiercely competitive craft beer market.</p>
<p>Paradox Brewery isn't afraid to think big either. </p>
<p>&ldquo;You have to put the time in. You have to show up and get face-to-face with these people because there has to be a degree of comfort on both sides of the arrangement to buy beer from the other side of the planet,&rdquo;<strong> Director of Operations Devon Hamilton </strong>said about plans to expand globally.</p>
<p>By nurturing strong relationships with international partners, Paradox Brewery secures distribution channels and builds a global brand presence, Hamilton also said.</p>
<p>For Paradox Brewery, success isn't just about reacting to market trends but about anticipating and shaping them. Through constant planning and adaptation, the company stays at the forefront of innovation, offering a diverse and appealing portfolio to its customers.</p>
<p>&ldquo;We all sit down, talk about what did well last year, what we think we should bring back for next year, what the upcoming trends are, and argue about what our portfolio will be,&rdquo; Hamilton said.</p>
<p>As Paradox Brewery expands both domestically and internationally, the skills and dedication of its leaders will ensure the New York brand remains a beloved brand in the craft beer industry.</p>',
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			'section_summary' => 'Paradox Brewery President and founder Paul Mrocka is widely credited for driving the New York-based to new levels of success through strategic planning, data-driven decision-making, and effective international partnerships.',
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	(int) 3 => array(
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			'id' => '545697',
			'title' => 'What Cambodia's honey industry can teach businesses ',
			'description_old' => null,
			'description' => 'In 2021, Cambodia's government awarded its first geographic indication (GI) label for the wild honey harvested in Mondulkiri Province. The protected GI label, granted to local products with distinctive regional qualities, has elevated the profile of Cambodian honey on the global stage.',
			'credit_id' => '48',
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			'url' => 'what-cambodias-honey-industry-can-teach-businesses',
			'tags' => 'Cambodia, Leadership, Management, Agriculture, Honey',
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			'content' => '<p>Cambodia&rsquo;s honey industry has experienced steady growth in recent years. In 2021, the government awarded its first geographic indication (GI) label for the wild honey harvested in Mondulkiri Province. The protected GI label, granted to local products with distinctive regional qualities, has elevated the profile of Cambodian honey on the global stage.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-3-CAMB-Honey.jpg" alt="" />
<figcaption class="image-caption">Cambodia Honey Association Executive Director Sem Sreytouch</figcaption>
</figure>
<p>Although varieties like Modulkiri money have been harvested in Cambodia for centuries, efforts to streamline and formalize the industry&rsquo;s value chain are relatively recent and spearheaded by the Cambodia Honey Association (CHA), the main advocacy group representing the sector&rsquo;s stakeholders.</p>
<p>In an interview with GMI POST, CHA underscored the necessary steps to invigorate the industry while providing insight into navigating business in an emerging market landscape.&nbsp;</p>
<p><strong>&nbsp;</strong></p>
<p><span style="font-family: helvetica; font-size: 18pt;"><strong>Collaboration over competition </strong></span></p>
<p><strong>&nbsp;</strong></p>
<p><strong>CHA Executive Director Sem Sreytouch </strong>emphasizes the importance of shifting industry stakeholders&rsquo; mindset from competition to collaboration.</p>
<p>&ldquo;One of our main advocacies is to enact a change in mindset among Cambodian honey growers, apiaries, and other stakeholders in the value chain. A united front is required to elevate the overall standards of the Cambodian honey industry&rdquo; she said.</p>
<p><strong>&nbsp;</strong></p>
<p><span style="font-family: helvetica; font-size: 18pt;"><strong>Prioritize capacity building</strong></span></p>
<p><strong>&nbsp;</strong></p>
<p><strong>Peter Batt, Ph.D of Curtin University,</strong> also a fellow of the International Horticultural Congress, stressed the need for education and capacity-building at the grassroots level in emerging markets like Cambodia.</p>
<p>&ldquo;A key aspect of addressing challenges in Cambodia, particularly within the honey industry, was capacity building of smallholder farmers and empowering those farmers with basic and practical skills to help them grasp what it takes to thrive in trade,&rdquo; he said.</p>
<p><strong>&nbsp;</strong></p>
<p><span style="font-size: 1*pt;"><strong><span style="font-family: helvetica;">Explore untapped resources</span> </strong></span></p>
<p>&nbsp;</p>
<p>CHA also highlighted Cambodia's rich geographic diversity as a wellspring of untapped potential for future GI labels, such as honey from the lesser-known Tonle Sap Lake region. <strong>Dr. Try Yong</strong>, a beekeeping expert and an advisor to the Royal Ministry of Agriculture, underscored Cambodia&rsquo;s abundance of untapped honey collection areas in the rest of the country.</p>
<p>&ldquo;Regions like Tone Sap Lake and the western coasts offer promising opportunities. Despite the vast forests from which much of our honey originates, many areas lack GI certification, signaling significant untapped potential and future business opportunities for our kingdom,&rdquo; he said.</p>',
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			'section_summary' => 'In 2021, Cambodia's government awarded its first geographic indication (GI) label for the wild honey harvested in Mondulkiri Province. The protected GI label, granted to local products with distinctive regional qualities, has elevated the profile of Cambodian honey on the global stage.',
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			'id' => '545692',
			'title' => 'Wisconsin to give multimillion tax incentive to Kikkoman for new expansion',
			'description_old' => null,
			'description' => 'Kikkoman Foods Inc. has broken ground for its third manufacturing plant in Jefferson County and an expansion to its existing plant in neighboring Walworth County, Wisconsin. To support this fresh investment, the Wisconsin Economic Development Corp. (WEDC) plans to provide the Japanese soy sauce maker up to $15.5 million in performance-based tax credits.',
			'credit_id' => '48',
			'image' => null,
			'image_caption' => null,
			'url' => 'wisconsin-to-give-multimillion-tax-incentive-to-kikkoman-for-new-expansion',
			'tags' => 'US, Japan, Wisconsin, Economic Development, Food',
			'is_rss' => false,
			'rss_url' => null,
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			'content' => '<p>Kikkoman Foods Inc. has broken ground for its third manufacturing plant in Jefferson County and an expansion to its existing plant in neighboring Walworth County, Wisconsin. To support this fresh investment, the <strong>Wisconsin Economic Development Corp. (WEDC)</strong> plans to provide the Japanese soy sauce maker up to $15.5 million in performance-based tax credits.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-3-Kikkoman-Wisconsin.jpg" alt="" />
<figcaption class="image-caption">Wisconsin Economic Development Corporation CEO and Secretary Missy Hughes (Source: Milwaukee Business Journal)</figcaption>
</figure>
<p>Kikkoman&rsquo;s expansion in Wisconsin will inject $800 million into the state&rsquo;s economy and create 83 new jobs over the next decade. The Walworth facility, opened in 1973, is the company&rsquo;s highest-producing soy sauce factory globally.</p>
<p>Meanwhile, the plant in Jefferson City is scheduled to start operations in 2026 and will focus on soy sauce-related products, like teriyaki sauce. Aside from enhancing efficiency and scalability, the facility will bolster Kikkoman&rsquo;s sustainability efforts by using renewable energy sources and equipment with lower CO2 emissions.</p>
<p><strong>WEDC Secretary and CEO Missy Hughes</strong> welcomed the announcement: &ldquo;Fifty years ago, Kikkoman made history by choosing Walworth, Wisconsin for its first international brewing plant. Now, by expanding its presence in Jefferson, Kikkoman is opening a new chapter in its history.&rdquo;</p>
<p><strong>Jefferson City Mayor Dale Oppermann</strong> expressed appreciation for Kikkoman&rsquo;s continued trust in the region: &ldquo;Kikkoman&rsquo;s decision to invest in Jefferson underscores the strength and appeal of our local food and beverage niche. We look forward to a long, prosperous partnership.&rdquo;</p>
<p>Meanwhile, <strong>Kikkoman Chair and honorary CEO Yuzauro Mogi </strong>said the company&rsquo;s choice of Wisconsin was rooted in several factors, among them its location, which provided convenient market access, as well as its skilled workforce, easy availability of raw materials, an abundance of clean water, the collaborative spirit of the local community.</p>
<p>&ldquo;We look forward to expanding our footprints in Wisconsin and establishing a supply chain with increased stability in North America,&rdquo; he also said.</p>
<p>Over the past five decades, Kikkoman has transformed rural Wisconsin through partnerships with the local community, donating more than $17 million to charitable organizations.</p>
<p>As one of the first production facilities set up by a Japanese company in the United States, the Walworth plant is seen as a valuable symbol of the close business and cultural partnership between the two countries.</p>
<p>&ldquo;Whether it&rsquo;s providing thousands of jobs, bolstering our economy or providing us and the world with phenomenal soy sauce, Kikkoman is doing good work across Wisconsin and the country. I am grateful for their continued partnership and expansion in Wisconsin,&rdquo; said <strong>Gov. Tony Evers</strong>.</p>',
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		'Articles' => array(
			'id' => '545693',
			'title' => 'New York wants more Japanese chipmakers in the state',
			'description_old' => null,
			'description' => 'Empire State Development (ESD), the umbrella organization for New York's two main economic development corporations, wants more Japanese chip industry suppliers to open operations in the state to support the upcoming manufacturing facilities of Micron Technology, the world's fourth-largest semiconductor company.',
			'credit_id' => '48',
			'image' => null,
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			'url' => 'new-york-wants-more-japanese-chipmakers-in-the-state',
			'tags' => 'US, Japan, New York, Economic Development, IT',
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			'content' => '<p><strong>Empire State Development (ESD)</strong>, the umbrella organization for New York's two main economic development corporations, wants more Japanese chip industry suppliers to open operations in the state to support the upcoming manufacturing facilities of Micron Technology, the world&rsquo;s fourth-largest semiconductor company.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-3-Micron-NY.jpg" alt="" />
<figcaption class="image-caption">Empire State Development President Hope Knight (Source: Empire State Development)</figcaption>
</figure>
<p>&ldquo;Last year, we were able to attract Micron to central New York. With the large investment that Micron is making, $100 billion, we know that we have to build an ecosystem to support that activity. That's why we're here on this mission: to talk to Japanese firms, some of Micron's suppliers, to come and locate in New York,&rdquo; <strong>ESD President Hope Knight</strong> told Nikkei Asia.</p>
<p>While Knight did not name the companies she spoke to during her visit to Japan, she mentioned that some were &ldquo;very excited about the possibility&rdquo; of investing in the state.</p>
<p>Micron, the only memory and storage manufacturer in the United States, has announced plans to build a $100 billion &ldquo;mega fab,&rdquo; which will employ more than 9,000 people, near Syracuse in upstate New York.</p>
<p>Even before the CHIPS and Science Act became federal law in 2022, New York had unveiled its $10 billion program, called Green CHIPS, which offered tax incentives to chip manufacturers. Participants of Green CHIPS can benefit from zero corporate income tax rates and receive tax credits based on their capital spending and research and development expenditures.</p>
<p>&ldquo;We customize a package for you,&rdquo; said Knight, who emphasized that incentives are tailored based on various factors, like the number of jobs created and size of investment.</p>
<p>The ESD president highlighted the importance of bringing back chip manufacturing to the United States, citing national security concerns and geopolitical trends, and underscored New York's manufacturing legacy and its readiness to revive its manufacturing sector.</p>
<p>New York has prioritized chip manufacturing as a key industry for economic growth. Apart from IBM, 75 other semiconductor-related companies have made new investments in the state. And since the introduction of Green CHIPS, total investments have reached $112 billion.</p>
<p>On concerns surrounding the high cost of living and labor costs associated with New York City, Knight said that cities in upstate New York, such as Albany, Syracuse, Rochester and Buffalo, offer affordability and have cheaper sources of clean power.</p>
<p>As head of ESD, Knight works closely with Gov. Kathy Hochul in developing the state economy through various measures like financing, subsidies, and tax breaks. As of 2022, ESD has been involved in at least 190 projects.</p>',
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			'id' => '545694',
			'title' => 'Toyota unveils $1.4 billion investment in Indiana to make more electric vehicles',
			'description_old' => null,
			'description' => 'Toyota, the world's largest automaker, has announced a $1.4 billion expansion of its factory in the U.S. state of Indiana to produce electric vehicles (EVs) starting in 2026. With the new expansion, Toyota Motor Manufacturing Indiana will become the company's second EV production facility in the United States.',
			'credit_id' => '48',
			'image' => null,
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			'url' => 'toyota-unveils-14-billion-investment-in-indiana-to-make-more-electric-vehicles',
			'tags' => 'US, Japan, Indiana, Electric Vehicles',
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			'content' => '<p>Toyota, the world&rsquo;s largest automaker, has announced a $1.4 billion expansion of its factory in the U.S. state of Indiana to produce electric vehicles (EVs) starting in 2026. With the new expansion, Toyota Motor Manufacturing Indiana will become the company&rsquo;s second EV production facility in the United States.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-3-Toyota-EVs.jpg" alt="" />
<figcaption class="image-caption">Toyota Motor Manufacturing Indiana President Tim Hollander (Source: PR Newswire)</figcaption>
</figure>
<p>According to Nikkei Asia, the investment will create 340 new high-quality jobs and increase the company&rsquo;s total number of employees in Indiana to around 8,000. The expansion also raises</p>
<p>Toyota&rsquo;s total investment in the state to $8 billion, Green Car Congress reported. <br /><br />Toyota&rsquo;s decision to increase EV production comes amid a surge in demand for its hybrid models, said CBT News.</p>
<p>In April, Toyota reported record annual sales for the fiscal year ending in March, surpassing the 10 million-unit mark for the first time. Its hybrid models have played a major role in growing the company&rsquo;s market share over the past year.</p>
<p>Toyota&rsquo;s only other EV factory in the United States is in Kentucky. The facility Georgetown is due to begin operations next year.</p>
<p>"Since 2021, Toyota has announced new investments totaling $18.6 billion into its U.S. manufacturing operations to support electrification efforts," the company said.</p>',
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		'Articles' => array(
			'id' => '545689',
			'title' => 'Singapore: A fertile ground for Edtech ',
			'description_old' => null,
			'description' => 'Globally, education technology (Edtech) is a rapidly growing sector. According to Precision Report's EdTech Market Research Report 2024, the global Edtech market size was valued at $115 billion in 2021 and is expected to reach $467 billion by 2027. ',
			'credit_id' => '48',
			'image' => null,
			'image_caption' => null,
			'url' => 'singapore-a-fertile-ground-for-edtech',
			'tags' => 'Japan, Singapore, Education',
			'is_rss' => false,
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			'content_old' => null,
			'content' => '<p>Globally, education technology (Edtech) is a rapidly growing sector. According to Precision Report&rsquo;s EdTech Market Research Report 2024, the global Edtech market size was valued at $115 billion in 2021 and is expected to reach $467 billion by 2027.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-2-SG-Education.jpg" alt="" />
<figcaption class="image-caption">Starting them young: Singapore's education system has gained admiration from around the world.</figcaption>
</figure>
<p>Singapore has stood out as one of the most fertile grounds for the sector&rsquo;s growth. The origins of Singapore&rsquo;s thriving Edtech sector can be traced back to 2014, when the country&rsquo;s national government enacted its Smart Nation initiative, which required schools to incorporate innovation and technology in the daily lives of Singaporean families.</p>
<p>According to UNESCO, the challenge for schools was to create meaningful learning experiences that reflected such integration, which meant that highly qualified faculty must constantly be engaged in research and innovation. Otherwise, how can one teach about advancements while experiencing none?</p>
<p>Since the enactment of the Smart Nation initiative, there have been more than 790 Edtech startups launched in Singapore. Today, the government continues to invest heavily in training its future labor pool. <br /><br />Aside from encouraging life-long learning, the city-state&rsquo;s government has also rolled out other initiatives to boost the growth of Edtech in Singapore, like an ICT masterplan, infrastructure upgrades, accelerator programs, increased connectivity in schools, and access to learning resources and opportunities for collaborations for schools and startups.</p>
<p>Those looking to start or invest in an Edtech venture will reap many benefits by betting on Singapore.</p>',
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			'id' => '545690',
			'title' => 'Columbia University seeks closer partnerships with Japan ',
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			'description' => 'The Japan Study Student Association at Columbia University's School of International and Public Affairs organized a visit to Japan in March to allow some of its members to learn more about the country's government, people, culture, and food.',
			'credit_id' => '48',
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			'url' => 'columbia-university-seeks-closer-partnerships-with-japan',
			'tags' => 'US, Japan, Education',
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			'content' => '<p>The Japan Study Student Association at <strong>Columbia University&rsquo;s School of International and Public Affairs </strong>organized a visit to Japan in March to allow some of its members to learn more about the country&rsquo;s government, people, culture, and food.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-2-NYNJ-JASSA-Education.jpg" alt="" />
<figcaption class="image-caption">JASSA representatives during their Japan trip</figcaption>
</figure>
<p>&ldquo;The Japan trip was a phenomenal opportunity not only from a career development perspective but also from a personal development perspective,&rdquo; JASSA Representative Daniel Alvarez said in an article posted on SIPA&rsquo;s website.</p>
<p>&ldquo;Speaking with top politicians, participating in cultural ceremonies, learning about critical events in Japan&rsquo;s history, experiencing the excellent cuisine, and enjoying the nightlife with new friends made for a very well-rounded trip and once-in-a-lifetime experience,&rdquo; Alvarez added.</p>
<p>For SIPA students who want to join future Japan trips, Alvarez encouraged fellow members to attend upcoming JASSA events so they can express their interest to the organizers. The trip was just one of many events of SIPA to bolster U.S.-Japan cooperation.</p>
<p>In June 2023<strong>, SIPA Dean Keren Yarhi-Milo</strong> visited the University of Tokyo's Graduate School of Public Policy, a fellow member of the Global Public Policy Network, where she held pivotal discussions to enhance cross-cultural exchange. <br /><br />In interviews with local media, including Nikkei Asia and TV Tokyo, Yarhi-Milo highlighted SIPA's commitment to integrating Japanese perspectives within its academic community.</p>
<p>&ldquo;We want our students and our faculty to be involved and engaged with Japan,&rdquo; said Yarhi-Milo as she recognized the country&rsquo;s significant economic and strategic influence in East Asia.</p>',
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			'id' => '545691',
			'title' => '3 reasons Japan-Cambodia education partnerships are thriving',
			'description_old' => null,
			'description' => 'As Cambodia and Japan commemorate 70 years of diplomatic relations, the two nations look forward to a new era in their partnership as they seek fresh fields of collaboration. More and more Japanese recognize Cambodia's untapped potential and hope to play a role in the development of its population.',
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			'url' => '3-reasons-japan-cambodia-education-partnerships-are-thriving',
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			'content' => '<p>As Cambodia and Japan commemorate 70 years of diplomatic relations, the two nations look forward to a new era in their partnership as they seek fresh fields of collaboration. More and more Japanese recognize Cambodia&rsquo;s untapped potential and hope to play a role in the development of its population.</p>
<p>For instance, the increased prominence of the <strong>Institute of Technology of Cambodia </strong>among the expatriate population reveals three key reasons Cambodia&rsquo;s educational landscape has attracted the attention of the Japanese community.</p>
<p>&nbsp;</p>
<p><span style="font-family: helvetica; font-size: 16pt;"><strong>The population is young, growing and mobile</strong></span></p>
<p>&nbsp;</p>
<p>CiteSeerX reports that nearly 70% of Cambodians are 29-years old and younger. <br /><br />&ldquo;Among Cambodia&rsquo;s younger generation, the literacy rate is reported to be quite high because of increasing opportunities for education. The gender gap among young adults is not so substantial, although some age group differences exist,&rdquo; Japan International Cooperation Agency said in its 2023 Country Study.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-2-CAMB-Japan-Education.jpg" alt="" />
<figcaption class="image-caption">Institute of Technology of Cambodia Rector Dr. Po Kimtho (left) and Kanazawa University President Takashi Wada (right)</figcaption>
</figure>
<p>&ldquo;This implies that very well-targeted literacy education by age, sex, geography, time of the class, and contents of the class will likely bring about significant domestic and foreign partnerships in Cambodia&rsquo;s education sector,&rdquo; the study added.An example of such a partnership is that between ITC and Panasonic Cambodia. ITC is one of only two institutions in the kingdom to receive scholarships from Panasonic Cambodia, the local subsidiary of Japanese tech giant Panasonic Group. Panasonic Cambodia Country Head Yosunoby Matsumoto said the initiative will be a means to &ldquo;maximize workforce potential, fostering growth, and nurturing the next generation of leaders.&rdquo;</p>
<p>According to Matsumoto, Panasonic Cambodia recognizes the talented local science and technology students and continues to invest in their capacity building to develop the next generation of technology business leaders that will allow them to participate in a global economy.</p>
<p><strong>&nbsp;</strong></p>
<p><span style="font-size: 16pt;"><strong><span style="font-family: helvetica;">It is open to international collaboration</span> </strong></span></p>
<p>&nbsp;</p>
<p>Cambodia is home to more than 128 higher education institutions, at least 45 of which (including ITC) have active international partnerships with universities and organizations abroad. ITC&rsquo;s outreach activities have helped position itself as an ideal partner for Japanese ventures.</p>
<p>Last year, the deputy director of ITC, along with six other academic delegates, visited the Tokyo Institute of Technology (Tokyo Tech), to partake in the training course &ldquo;Project for Strengthening Engineering Education and Research for Industrial Development in Cambodia,&rdquo; organized by JICA.</p>
<p>Subsequently, JICA formalized an agreement with ITC to strengthen engineering education and research in industrial development in Cambodia</p>
<p>&nbsp;</p>
<p><span style="font-family: helvetica; font-size: 16pt;"><strong>A growing vocationally and technically proficient workforce</strong></span></p>
<p>&nbsp;</p>
<p>&ldquo;Strengthening technical and vocational training is pivotal to attracting Japanese investment in Cambodia,&rdquo; said Labor and Vocational Training Minister Heng Sour, who urged JICA to persist in developing human resources in these domains, a statement that JICA President Sanui Kazumasa agreed with.</p>
<p>ITC, a partner of JICA, produces approximately 3,700 undergraduate and graduate students specializing in science, technology, and engineering.</p>',
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			'id' => '545686',
			'title' => 'Japan's JERA and Inpex to invest in separate U.S. ammonia projects',
			'description_old' => null,
			'description' => 'To bolster Japan's clean energy initiatives, two major Japanese energy companies, JERA and Inpex, are preparing to invest in separate projects in the United States that will produce ammonia for clean-burning power generation in Japan, Nikkei Asia reports. ',
			'credit_id' => '48',
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			'url' => 'japans-jera-and-inpex-to-invest-in-separate-us-ammonia-projects',
			'tags' => 'US, Japan, Investment, Green Energy',
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			'content' => '<p>To bolster Japan's clean energy initiatives, two major Japanese energy companies,<strong> JERA</strong> and <strong>Inpex</strong>, are preparing to invest in separate projects in the United States that will produce ammonia for clean-burning power generation in Japan, Nikkei Asia reports.</p>
<figure class="image-container floated-right" style="float: right;"><img class="align-right" src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-2-JERA-and-Inpex.jpg" alt="" />
<figcaption class="image-caption">Inpex President Takayuki Ueda</figcaption>
</figure>
<p><strong>JERA Global CEO and Chair Yukio Kani </strong>and<strong> Inpex President Takayuki Ueda</strong> confirmed the investments with local U.S. media at the CERAWeek 2024 energy industry conference held in Houston, Texas.</p>
<p>JERA, a joint venture between Tokyo Electric Power and Chubu Electric Power, announced its partnership with Oklahoma-based green energy company, Greenfield Energy. Together, they will build a facility in Louisiana to produce green ammonia using renewable energy sources.</p>
<p>Kani also confirmed to media that JERA will hire more people at its U.S. arm, aiming to expand the workforce by 30% after a year to around 250 employees.</p>
<p>On the other hand, Inpex, a leading oil and gas exploration and production company, is exploring opportunities in Texas to establish its own ammonia production facility.</p>
<p>According to Nikkei Asia, Inpex plans to produce 1.1 million tons of ammonia annually in Houston by 2027.</p>
<p>The investments by JERA and Inpex mark significant milestones in Japan's quest for cleaner energy alternatives.</p>',
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			'id' => '545687',
			'title' => 'Kishida visits North Carolina: Why is it groundbreaking?',
			'description_old' => null,
			'description' => 'To promote Japanese contribution to the United States' investment landscape, Prime Minister Fumio Kishida visited North Carolina in April to tour the site of Toyota Motor Corp.'s electric and hybrid battery plant in the city of Greensboro.',
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			'content' => '<p>To promote Japanese contribution to the United States&rsquo; investment landscape, <strong>Prime Minister Fumio Kishida</strong> visited North Carolina in April to tour the site of Toyota Motor Corp.&rsquo;s electric and hybrid battery plant in the city of Greensboro.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-2-Kishida-Visit-to-NC.jpg" alt="" />
<figcaption class="image-caption">Japanese Prime Minister Fumio Kishida (center) visits Toyota's EV battery plant being built in North Carolina. (Photo source: Nikkei Asia)</figcaption>
</figure>
<p>Kishida&rsquo;s visit marked a historic moment in U.S.-Japan relations because it was the first time since 1891 that a foreign head of state visited the governor&rsquo;s mansion and the first time in a decade that a Japanese prime minister visited the state.</p>
<p>&ldquo;I am honored to be here in North Carolina to showcase the multilayered and strong ties between the United States and Japan,&rdquo; Kishida told guests at the luncheon at the state governor&rsquo;s mansion. He also lauded North Carolina for being a state &ldquo;at the forefront of the times.&rdquo;</p>
<p>Japan remains North Carolina&rsquo;s largest foreign direct investor, employing over 30,000 people in over 200 Japanese companies.</p>
<p>According to the Environmental Defense Fund, North Carolina leads all U.S. states in electric vehicle (EV) investment, attracting over $19 billion in the past year. This is attributed to its world-class infrastructure, skilled workforce, and favorable local policies.</p>
<p>Capitalizing on that environment, Japanese automakers have expanded their EV production capacity in the state. Toyota invested an additional $8 billion in its Greensboro battery plant, raising its total capital investment to around $14 billion and generating more than 5,000 new jobs.</p>
<p>Chiaki Takagi, a Japanese studies lecturer at the University of North Carolina Greensboro, highlighted the significance of Kishida&rsquo;s visit: &ldquo;This whole thing will provide the area with opportunities to be engaged in very active cultural exchange between Japan and the U.S.&rdquo;</p>',
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			'title' => 'Renowned U.S. chip designer wants to end Nvidia's global dominance',
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			'description' => 'Tenstorrent CEO Jim Keller, who worked for Intel, AMD and Tesla, said in an interview with Nikkei Asia that he wants to lower the price of AI applications by designing chips that are more efficient than Nvidia's and, in the process, end the American giant's global market dominance.',
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			'url' => 'renowned-us-chip-designer-wants-to-end-nvidias-global-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&rsquo;s global market dominance.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-13-Tenstorrent.jpg" alt="" />
<figcaption class="image-caption">Tenstorrent CEO Jim Keller (Photo source: Tenstorrent)</figcaption>
</figure>
<p>Headquartered in Toronto, Tenstorrent has offices in Austin, Texas and Santa Clara, California, as well as in Belgrade, Tokyo, Bangalore, and Seoul. The company claims to be developing AI processors that perform as efficiently as Nvidia's AI GPUs but at a lower cost.</p>
<p>At present, Nvidia is the global market leader when it comes to AI chips. Its AI accelerators command between 70% and 95% of the global market share, according to CNBC.</p>
<p>Keller also said in the interview that Tenstorrent hopes to sell its second-generation multipurpose AI chip by the end of this year.</p>
<p>According to Keller, Tenstorrent can achieve its objective because it does not use high-bandwidth memory (HBM), a popular type of advanced memory chip capable of transferring large amounts of data quickly. HBM is a vital component for generative AI chips and has played a significant role in the success of Nvidia's offerings.</p>
<p>But Keller pointed out that HBM was also one of the culprits behind the massive energy consumption and high prices of AI chips.</p>
<p>"Even the people that use HBM struggle with the cost of it, [and] the design time to build it,&rdquo; 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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			'id' => '545757',
			'title' => 'ITOCHU to take part in Taiwan's smart city project ',
			'description_old' => null,
			'description' => 'Tokyo-based trading giant ITOCHU secured a contract to develop and test AI systems that will help run the transportation network and energy infrastructure of a future smart city project in southern Taiwan, according to a company press release.',
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			'url' => 'itochu-to-take-part-in-taiwans-smart-city-project',
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			'content' => '<p>Tokyo-based trading giant <strong>ITOCHU</strong> secured a contract to develop and test AI systems that will help run the transportation network and energy infrastructure of a future smart city project in southern Taiwan, according to a company press release.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-13-ITOCHU-Taiwan.jpg" alt="" />
<figcaption class="image-caption">ITOCHU plans to roll out AI-powered buses for Taiwan's new smart city project in Tainan. (Photo source: Nikkei Asia)</figcaption>
</figure>
<p>ITOCHU outbid other parties interested in the Integrated Development Project for Shalun Smart Green Energy Science City located in Tainan. The early-stage contract, according to Nikkei Asia, is worth around $332,000 (10.8 million New Taiwan dollars).</p>
<p>According to ITOCHU, the goal is to test its AI systems on a trial basis by the end of October. This is the first time the trading house has officially participated in an overseas smart city project.</p>
<p>The Taiwanese government also announced plans to earmark an additional $306.9 million (or 10 billion NTD) to develop the country&rsquo;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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			'title' => 'Melexis opens its largest wafer testing site in Malaysia',
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			'description' => 'Belgium-based supplier of semiconductor solutions Melexis has opened its largest wafer testing site worldwide in Kuching in the Malaysian state of Sarawak to strengthen its presence in Asia-Pacific and meet the rising demand for semiconductors around the world, according to a company announcement.',
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			'content' => '<p>Belgium-based supplier of semiconductor solutions <strong>Melexis</strong> has opened its largest wafer testing site worldwide in Kuching in the Malaysian state of Sarawak to strengthen its presence in Asia-Pacific and meet the rising demand for semiconductors around the world, according to a company announcement.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-13-Melexis.jpg" alt="" />
<figcaption class="image-caption">Melexis' new 70 million-euro facility in Kuching is a nod to the local architectural design. (Photo source: Melexis)</figcaption>
</figure>
<p>Wafer testing is part of the manufacturing process wherein all individual integrated circuits are checked for functional defects through special test patterns.</p>
<p>According to Melexis, its expansion in Malaysia is a strategic move to streamline logistics and reduce its ecological footprint. Additionally, it selected Kuching because of its diverse, multilingual, entrepreneurial and highly skilled workforce.</p>
<p><strong>Melexis CEO Marc Biron </strong>said, &ldquo;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.&rdquo;</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&rsquo;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>&ldquo;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,&rdquo; <strong>Sarawak&rsquo;s Ministry of International Trade, Industry and Investment </strong>said in a statement<strong>.</strong></p>
<p>&ldquo;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,&rdquo; 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 &ldquo;a team of passionate innovators dedicated to bringing safe, zero-emission flight to aviation.&rdquo; The company claims its hydrogen-electric propulsion systems are &ldquo;the most environmentally friendly and economically attractive solution to aviation&rsquo;s growing climate change impact.&rdquo;</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&rsquo;s long-term goal of helping save the planet by decarbonizing the aviation industry.</p>',
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			'description' => 'For the third time in the last five years, Virginia was ranked America's Top State for Business in 2024 by CNBC, which cited the state for having the best public schools in the country. It grabbed the top spot in 2007, 2009, 2011, 2019, and 2021.',
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			'content' => '<p>For the third time in the last five years,<strong> Virginia</strong> was ranked America&rsquo;s Top State for Business in 2024 by CNBC, which cited the state for having the best public schools in the country. It grabbed the top spot in 2007, 2009, 2011, 2019, and 2021.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-13-Virginia.jpg" alt="" />
<figcaption class="image-caption">Fairfax County Economic Development Authority President and CEO Victor Hoskins (Photo source: Fairfax County Economic Development Authority)</figcaption>
</figure>
<p>&ldquo;Congratulations to Virginia on being named America&rsquo;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,&rdquo; 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&rsquo;s 10 categories this year, &ldquo;a rare feat,&rdquo; 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&rsquo;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&rsquo;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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			'description' => 'The U.S. subsidiary of Japanese group FANUC, one of the world's largest makers of industrial robots, has opened a $110 million facility in Michigan to store, sell and maintain made-in-Japan industrial robots for North American customers, according to a statement from FANUC America.',
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			'content' => '<p>The U.S. subsidiary of Japanese group <strong>FANUC</strong>, one of the world&rsquo;s largest makers of industrial robots, has opened a $110 million facility in Michigan to store, sell and maintain made-in-Japan industrial robots for North American customers, according to a statement from FANUC America.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-13-FANUC.jpg" alt="" />
<figcaption class="image-caption">Michigan Gov. Gretchen Whitmer (center) with senior officers of FANUC America at its West Campus. (Photo source: FANUC America)</figcaption>
</figure>
<p>The new 650,000-square-foot facility was inaugurated on July 10 and is located in FANUC America&rsquo;s West Campus in Auburn Hills, Michigan. The expansion increases the company&rsquo;s footprint in Michigan to over 2 million square feet and is part of FANUC America&rsquo;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,&rdquo; <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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			'title' => 'NY-based AI med tech startup raises $50 million',
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			'description' => 'K Health, a leading AI-driven primary care company that provides 24/7 virtual primary care solutions through its mobile app, announced this month that it had raised $50 million in funding led by Claure Group with participation from investors, including Pablo Legorreta (founder and CEO of Royalty Pharma) and Mangrove Capital Partners, Valor Equity Partners, and Atreides Management.',
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			'content' => '<p><strong>K Health</strong>, a leading AI-driven primary care company that provides 24/7 virtual primary care solutions through its mobile app, announced this month that it had raised $50 million in funding led by Claure Group with participation from investors, including Pablo Legorreta (founder and CEO of Royalty Pharma) and Mangrove Capital Partners, Valor Equity Partners, and Atreides Management.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-12-NYNJ-K-Health-Alan-Bloch.jpg" alt="" />
<figcaption class="image-caption">K Health founder and CEO Allon Bloch (Photo source: K Health)</figcaption>
</figure>
<p>K Health said in the same statement that it had been developing its own AI technology for more than seven years. Today, it can provide 24/7 virtual primary care solutions to millions of people in the United States.</p>
<p>The K Health platform includes clinical-grade medical chat and AI predictive models based on large datasets to help physicians optimize diagnosis and treatment and focus on patient care.</p>
<p>Instead of doctors taking patients through lengthy procedures and manually piecing together their medical history from electronic medical records, K Health allows healthcare providers to engage more quickly and closely with patients by giving them a complete medical chart with patient insights straight from the app.</p>
<p>According to K Health, this new model of care delivery achieves dramatically higher quality of care at lower costs compared to traditional primary care.</p>
<p>&ldquo;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,&rdquo; explained<strong> K Health founder and CEO Allon Bloch.</strong></p>
<p>&ldquo;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,&rdquo; 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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			'title' => 'Canadian group seeks more investment opportunities in Cambodia',
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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>&ldquo;Shim&rsquo;s visit will further contribute to the promotion of trade relations between Cambodia and Canada,&rdquo; 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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			'description' => 'National University Hospital (NUH), the main teaching hospital of the country's top-ranking National University of Singapore, announced this month the opening of a center focused on providing trauma care to vulnerable groups, particularly children, older adults, and migrant workers.',
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			'content' => '<p><strong>National University Hospital (NUH)</strong>, the main teaching hospital of the country&rsquo;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>
<p>&ldquo;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,&rdquo; 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&rsquo;s only pediatric kidney and liver transplant program.</p>',
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		'title' => 'Brewing success: How leadership catapulted Paradox Brewery to new heights',
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		'description' => 'Paradox Brewery President and founder Paul Mrocka is widely credited for driving the New York-based to new levels of success through strategic planning, data-driven decision-making, and effective international partnerships.',
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		'content' => '<p><strong>Paradox Brewery President and founder Paul Mrocka </strong>is widely credited for driving the New York-based to new levels of success through strategic planning, data-driven decision-making, and effective international partnerships.</p>
<p>According to Mrocka, data isn't just numbers at Paradox Brewery. It's a roadmap to success.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-3-NYNJ-Paradox-Brewery.jpg" alt="" />
<figcaption class="image-caption">Paradox Brewery President and founder Paul Mrocka</figcaption>
</figure>
<p>In an interview with GMI POST, Mrocka emphasized their reliance on Information Resources, Inc. (IRI) data to understand market trends, consumer preferences, and competitor strategies.</p>
<p>&ldquo;We're very competitive in our prices and a data-driven company. We tell stories with this data that we buy. And we use that data to go to the buyer and talk to them about it,&rdquo; he said.</p>
<p>By leveraging IRI&rsquo;s data, Paradox Brewery gains insights that shape its marketing strategies and product development, ensuring it stays ahead in the fiercely competitive craft beer market.</p>
<p>Paradox Brewery isn't afraid to think big either. </p>
<p>&ldquo;You have to put the time in. You have to show up and get face-to-face with these people because there has to be a degree of comfort on both sides of the arrangement to buy beer from the other side of the planet,&rdquo;<strong> Director of Operations Devon Hamilton </strong>said about plans to expand globally.</p>
<p>By nurturing strong relationships with international partners, Paradox Brewery secures distribution channels and builds a global brand presence, Hamilton also said.</p>
<p>For Paradox Brewery, success isn't just about reacting to market trends but about anticipating and shaping them. Through constant planning and adaptation, the company stays at the forefront of innovation, offering a diverse and appealing portfolio to its customers.</p>
<p>&ldquo;We all sit down, talk about what did well last year, what we think we should bring back for next year, what the upcoming trends are, and argue about what our portfolio will be,&rdquo; Hamilton said.</p>
<p>As Paradox Brewery expands both domestically and internationally, the skills and dedication of its leaders will ensure the New York brand remains a beloved brand in the craft beer industry.</p>',
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Notice (8): Undefined index: SpecialFeature [APP/View/Featuresite/upcomingfeaturelist.ctp, line 53]
Code Context
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			'title' => 'Japan's largest conveyor-belt sushi chain rolls out in the U.S.',
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			'description' => 'Boston's Japanese food scene got more diverse with the opening in April of Sakabayashi Sushi Tavern, a subsidiary of Japan's largest conveyor-belt sushi chain, Sushiro. The restaurant is the first investment of its parent company, Food & Life Co., in the United States. ',
			'credit_id' => '48',
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			'content' => '<p>Boston&rsquo;s Japanese food scene got more diverse with the opening in April of Sakabayashi Sushi Tavern, a subsidiary of Japan&rsquo;s largest conveyor-belt sushi chain, Sushiro. The restaurant is the first investment of its parent company, <strong>Food &amp; Life Co.</strong>, in the United States.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-4-Sushiro.jpg" alt="" />
<figcaption class="image-caption">Food &amp; Life Companies USA President Yosuke Tanaka (Source: LinkedIn/Yosue Tanaka)</figcaption>
</figure>
<p>Sakabayashi retained the original restaurant&rsquo;s <em>izakaya </em>style of dining<em>, </em>wherein patrons can eat and drink in a casual setting. With menu items priced from under $10, the restaurant wants to attract a diverse crowd.</p>
<p>&ldquo;Ensuring affordability while providing an authentic Japanese experience to Americans is paramount. Eighty percent of our menu is recreated from Japan. Our raw ingredients are sourced from our global procurement chain,&rdquo; said <strong>Food &amp; Life Companies USA President Yosuke Tanaka.</strong></p>
<p>Although Sakabayashi Sushi Tavern is Food and Life&rsquo;s first foray in the country, the group has many years of international experience. With operations in eight countries, primarily in Asia, Food &amp; Life aims to generate $1.45 billion in overseas revenue by the end of the fiscal year 2026 by opening more conveyor-belt sushi restaurants in the United States.</p>
<p>&ldquo;Our priority is not limited to deploying our existing brand but also to discovering, developing, and expanding new brands and food-services formats through the reinforcement of our competitive advantages in ingredient development, procurement, and supply chain management,&rdquo; said <strong>Food &amp; Life Ltd. President and CEO Koichi Mizutome.</strong></p>
<p>Mizutome&rsquo;s confidence stems from the growing popularity of Japanese cuisine in the United States. In 2023, revenues of sushi restaurants in America grew by 4.5% and are expected to grow further, according to research firm IBIS World.</p>
<p>In the United States, ramen shops are also growing more popular as various Japanese chains, like Fukuoka and Ramen Santouka, plan to open more outlets across the country.</p>',
			'is_published' => true,
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			'title' => 'Impostor Syndrome and The Incomplete Leader',
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			'description' => 'Now that everyone's details, accomplishments, and track record are easily fact-checked and reviewed on the internet, there has been a rise in the number of anxiety-riddled executives. The same tool used for work productivity has also been a source of consternation.',
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			'content' => '<p>The notion that &ldquo;leaders have to be flawless&rdquo; is starting to disappear. Access to unlimited information, a.k.a. the Internet, should have changed this perception ages ago.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-3-SG-Impostor-Syndrome.jpg" alt="" />
<figcaption class="image-caption">The workplace has evolved to become a more forgiving place for its leaders. (Illustration by Lianne Dominguez)</figcaption>
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<p>But now that everyone&rsquo;s details, accomplishments, and track record are easily fact-checked and reviewed on the internet, there has been a rise in the number of anxiety-riddled executives. The same tool used for work productivity has also been a source of consternation.</p>
<p>The pressure to have intellectual and interpersonal superiority is at an all-time high. According to the National Library of Medicine, impostor syndrome (IS) is a behavioral health phenomenon described as self-doubt of intellect, skills, or accomplishments among high-achieving individuals. Yes! The seemingly poised manager could be a fa&ccedil;ade.</p>
<p>Despite the tremendous pressure for perfection, an article in Harvard Business Review offers a solution to ease some caffeine-stimulated corporate minds. The authors, in praise of &ldquo;The Incomplete Leader,&rdquo; recommend embracing imperfections to strengthen one&rsquo;s leadership abilities. It also said that organizations were evolving to become more collaborative than hierarchical.</p>
<p>Decisions should often be made in the context of the open economy, therefore as no senior executive has a monopoly on knowledge. The overarching theme was that: Leaders should determine the right colleague to handle areas of their perceived weaknesses.&nbsp;</p>
<p>In fact, four leadership capabilities are developed during this process: sense-making, relating, visioning, and inventing.</p>
<p>Arguably, many teams have adopted the practice of &ldquo;excellence&rdquo; over &ldquo;perfection&rdquo;. The culture of excellence, while forgiving mistakes and considering personal limitations, does not absolve leaders and team members from giving their best.</p>
<p>Accepting the new demands and realities of a hybrid workplace, especially for leaders, will empower and not overwhelm the incomplete leader.</p>',
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			'section_summary' => 'Now that everyone's details, accomplishments, and track record are easily fact-checked and reviewed on the internet, there has been a rise in the number of anxiety-riddled executives. The same tool used for work productivity has also been a source of consternation.',
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			'id' => '545696',
			'title' => 'Brewing success: How leadership catapulted Paradox Brewery to new heights',
			'description_old' => null,
			'description' => 'Paradox Brewery President and founder Paul Mrocka is widely credited for driving the New York-based to new levels of success through strategic planning, data-driven decision-making, and effective international partnerships.',
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			'url' => 'brewing-success-how-leadership-catapulted-paradox-brewery-to-new-heights',
			'tags' => 'US, New York, Leadership, Management, Food and Drink',
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			'content' => '<p><strong>Paradox Brewery President and founder Paul Mrocka </strong>is widely credited for driving the New York-based to new levels of success through strategic planning, data-driven decision-making, and effective international partnerships.</p>
<p>According to Mrocka, data isn't just numbers at Paradox Brewery. It's a roadmap to success.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-3-NYNJ-Paradox-Brewery.jpg" alt="" />
<figcaption class="image-caption">Paradox Brewery President and founder Paul Mrocka</figcaption>
</figure>
<p>In an interview with GMI POST, Mrocka emphasized their reliance on Information Resources, Inc. (IRI) data to understand market trends, consumer preferences, and competitor strategies.</p>
<p>&ldquo;We're very competitive in our prices and a data-driven company. We tell stories with this data that we buy. And we use that data to go to the buyer and talk to them about it,&rdquo; he said.</p>
<p>By leveraging IRI&rsquo;s data, Paradox Brewery gains insights that shape its marketing strategies and product development, ensuring it stays ahead in the fiercely competitive craft beer market.</p>
<p>Paradox Brewery isn't afraid to think big either. </p>
<p>&ldquo;You have to put the time in. You have to show up and get face-to-face with these people because there has to be a degree of comfort on both sides of the arrangement to buy beer from the other side of the planet,&rdquo;<strong> Director of Operations Devon Hamilton </strong>said about plans to expand globally.</p>
<p>By nurturing strong relationships with international partners, Paradox Brewery secures distribution channels and builds a global brand presence, Hamilton also said.</p>
<p>For Paradox Brewery, success isn't just about reacting to market trends but about anticipating and shaping them. Through constant planning and adaptation, the company stays at the forefront of innovation, offering a diverse and appealing portfolio to its customers.</p>
<p>&ldquo;We all sit down, talk about what did well last year, what we think we should bring back for next year, what the upcoming trends are, and argue about what our portfolio will be,&rdquo; Hamilton said.</p>
<p>As Paradox Brewery expands both domestically and internationally, the skills and dedication of its leaders will ensure the New York brand remains a beloved brand in the craft beer industry.</p>',
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			'id' => '545697',
			'title' => 'What Cambodia's honey industry can teach businesses ',
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			'description' => 'In 2021, Cambodia's government awarded its first geographic indication (GI) label for the wild honey harvested in Mondulkiri Province. The protected GI label, granted to local products with distinctive regional qualities, has elevated the profile of Cambodian honey on the global stage.',
			'credit_id' => '48',
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			'url' => 'what-cambodias-honey-industry-can-teach-businesses',
			'tags' => 'Cambodia, Leadership, Management, Agriculture, Honey',
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			'content' => '<p>Cambodia&rsquo;s honey industry has experienced steady growth in recent years. In 2021, the government awarded its first geographic indication (GI) label for the wild honey harvested in Mondulkiri Province. The protected GI label, granted to local products with distinctive regional qualities, has elevated the profile of Cambodian honey on the global stage.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-3-CAMB-Honey.jpg" alt="" />
<figcaption class="image-caption">Cambodia Honey Association Executive Director Sem Sreytouch</figcaption>
</figure>
<p>Although varieties like Modulkiri money have been harvested in Cambodia for centuries, efforts to streamline and formalize the industry&rsquo;s value chain are relatively recent and spearheaded by the Cambodia Honey Association (CHA), the main advocacy group representing the sector&rsquo;s stakeholders.</p>
<p>In an interview with GMI POST, CHA underscored the necessary steps to invigorate the industry while providing insight into navigating business in an emerging market landscape.&nbsp;</p>
<p><strong>&nbsp;</strong></p>
<p><span style="font-family: helvetica; font-size: 18pt;"><strong>Collaboration over competition </strong></span></p>
<p><strong>&nbsp;</strong></p>
<p><strong>CHA Executive Director Sem Sreytouch </strong>emphasizes the importance of shifting industry stakeholders&rsquo; mindset from competition to collaboration.</p>
<p>&ldquo;One of our main advocacies is to enact a change in mindset among Cambodian honey growers, apiaries, and other stakeholders in the value chain. A united front is required to elevate the overall standards of the Cambodian honey industry&rdquo; she said.</p>
<p><strong>&nbsp;</strong></p>
<p><span style="font-family: helvetica; font-size: 18pt;"><strong>Prioritize capacity building</strong></span></p>
<p><strong>&nbsp;</strong></p>
<p><strong>Peter Batt, Ph.D of Curtin University,</strong> also a fellow of the International Horticultural Congress, stressed the need for education and capacity-building at the grassroots level in emerging markets like Cambodia.</p>
<p>&ldquo;A key aspect of addressing challenges in Cambodia, particularly within the honey industry, was capacity building of smallholder farmers and empowering those farmers with basic and practical skills to help them grasp what it takes to thrive in trade,&rdquo; he said.</p>
<p><strong>&nbsp;</strong></p>
<p><span style="font-size: 1*pt;"><strong><span style="font-family: helvetica;">Explore untapped resources</span> </strong></span></p>
<p>&nbsp;</p>
<p>CHA also highlighted Cambodia's rich geographic diversity as a wellspring of untapped potential for future GI labels, such as honey from the lesser-known Tonle Sap Lake region. <strong>Dr. Try Yong</strong>, a beekeeping expert and an advisor to the Royal Ministry of Agriculture, underscored Cambodia&rsquo;s abundance of untapped honey collection areas in the rest of the country.</p>
<p>&ldquo;Regions like Tone Sap Lake and the western coasts offer promising opportunities. Despite the vast forests from which much of our honey originates, many areas lack GI certification, signaling significant untapped potential and future business opportunities for our kingdom,&rdquo; he said.</p>',
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			'id' => '545692',
			'title' => 'Wisconsin to give multimillion tax incentive to Kikkoman for new expansion',
			'description_old' => null,
			'description' => 'Kikkoman Foods Inc. has broken ground for its third manufacturing plant in Jefferson County and an expansion to its existing plant in neighboring Walworth County, Wisconsin. To support this fresh investment, the Wisconsin Economic Development Corp. (WEDC) plans to provide the Japanese soy sauce maker up to $15.5 million in performance-based tax credits.',
			'credit_id' => '48',
			'image' => null,
			'image_caption' => null,
			'url' => 'wisconsin-to-give-multimillion-tax-incentive-to-kikkoman-for-new-expansion',
			'tags' => 'US, Japan, Wisconsin, Economic Development, Food',
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			'content' => '<p>Kikkoman Foods Inc. has broken ground for its third manufacturing plant in Jefferson County and an expansion to its existing plant in neighboring Walworth County, Wisconsin. To support this fresh investment, the <strong>Wisconsin Economic Development Corp. (WEDC)</strong> plans to provide the Japanese soy sauce maker up to $15.5 million in performance-based tax credits.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-3-Kikkoman-Wisconsin.jpg" alt="" />
<figcaption class="image-caption">Wisconsin Economic Development Corporation CEO and Secretary Missy Hughes (Source: Milwaukee Business Journal)</figcaption>
</figure>
<p>Kikkoman&rsquo;s expansion in Wisconsin will inject $800 million into the state&rsquo;s economy and create 83 new jobs over the next decade. The Walworth facility, opened in 1973, is the company&rsquo;s highest-producing soy sauce factory globally.</p>
<p>Meanwhile, the plant in Jefferson City is scheduled to start operations in 2026 and will focus on soy sauce-related products, like teriyaki sauce. Aside from enhancing efficiency and scalability, the facility will bolster Kikkoman&rsquo;s sustainability efforts by using renewable energy sources and equipment with lower CO2 emissions.</p>
<p><strong>WEDC Secretary and CEO Missy Hughes</strong> welcomed the announcement: &ldquo;Fifty years ago, Kikkoman made history by choosing Walworth, Wisconsin for its first international brewing plant. Now, by expanding its presence in Jefferson, Kikkoman is opening a new chapter in its history.&rdquo;</p>
<p><strong>Jefferson City Mayor Dale Oppermann</strong> expressed appreciation for Kikkoman&rsquo;s continued trust in the region: &ldquo;Kikkoman&rsquo;s decision to invest in Jefferson underscores the strength and appeal of our local food and beverage niche. We look forward to a long, prosperous partnership.&rdquo;</p>
<p>Meanwhile, <strong>Kikkoman Chair and honorary CEO Yuzauro Mogi </strong>said the company&rsquo;s choice of Wisconsin was rooted in several factors, among them its location, which provided convenient market access, as well as its skilled workforce, easy availability of raw materials, an abundance of clean water, the collaborative spirit of the local community.</p>
<p>&ldquo;We look forward to expanding our footprints in Wisconsin and establishing a supply chain with increased stability in North America,&rdquo; he also said.</p>
<p>Over the past five decades, Kikkoman has transformed rural Wisconsin through partnerships with the local community, donating more than $17 million to charitable organizations.</p>
<p>As one of the first production facilities set up by a Japanese company in the United States, the Walworth plant is seen as a valuable symbol of the close business and cultural partnership between the two countries.</p>
<p>&ldquo;Whether it&rsquo;s providing thousands of jobs, bolstering our economy or providing us and the world with phenomenal soy sauce, Kikkoman is doing good work across Wisconsin and the country. I am grateful for their continued partnership and expansion in Wisconsin,&rdquo; said <strong>Gov. Tony Evers</strong>.</p>',
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	(int) 5 => array(
		'Articles' => array(
			'id' => '545693',
			'title' => 'New York wants more Japanese chipmakers in the state',
			'description_old' => null,
			'description' => 'Empire State Development (ESD), the umbrella organization for New York's two main economic development corporations, wants more Japanese chip industry suppliers to open operations in the state to support the upcoming manufacturing facilities of Micron Technology, the world's fourth-largest semiconductor company.',
			'credit_id' => '48',
			'image' => null,
			'image_caption' => null,
			'url' => 'new-york-wants-more-japanese-chipmakers-in-the-state',
			'tags' => 'US, Japan, New York, Economic Development, IT',
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			'content' => '<p><strong>Empire State Development (ESD)</strong>, the umbrella organization for New York's two main economic development corporations, wants more Japanese chip industry suppliers to open operations in the state to support the upcoming manufacturing facilities of Micron Technology, the world&rsquo;s fourth-largest semiconductor company.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-3-Micron-NY.jpg" alt="" />
<figcaption class="image-caption">Empire State Development President Hope Knight (Source: Empire State Development)</figcaption>
</figure>
<p>&ldquo;Last year, we were able to attract Micron to central New York. With the large investment that Micron is making, $100 billion, we know that we have to build an ecosystem to support that activity. That's why we're here on this mission: to talk to Japanese firms, some of Micron's suppliers, to come and locate in New York,&rdquo; <strong>ESD President Hope Knight</strong> told Nikkei Asia.</p>
<p>While Knight did not name the companies she spoke to during her visit to Japan, she mentioned that some were &ldquo;very excited about the possibility&rdquo; of investing in the state.</p>
<p>Micron, the only memory and storage manufacturer in the United States, has announced plans to build a $100 billion &ldquo;mega fab,&rdquo; which will employ more than 9,000 people, near Syracuse in upstate New York.</p>
<p>Even before the CHIPS and Science Act became federal law in 2022, New York had unveiled its $10 billion program, called Green CHIPS, which offered tax incentives to chip manufacturers. Participants of Green CHIPS can benefit from zero corporate income tax rates and receive tax credits based on their capital spending and research and development expenditures.</p>
<p>&ldquo;We customize a package for you,&rdquo; said Knight, who emphasized that incentives are tailored based on various factors, like the number of jobs created and size of investment.</p>
<p>The ESD president highlighted the importance of bringing back chip manufacturing to the United States, citing national security concerns and geopolitical trends, and underscored New York's manufacturing legacy and its readiness to revive its manufacturing sector.</p>
<p>New York has prioritized chip manufacturing as a key industry for economic growth. Apart from IBM, 75 other semiconductor-related companies have made new investments in the state. And since the introduction of Green CHIPS, total investments have reached $112 billion.</p>
<p>On concerns surrounding the high cost of living and labor costs associated with New York City, Knight said that cities in upstate New York, such as Albany, Syracuse, Rochester and Buffalo, offer affordability and have cheaper sources of clean power.</p>
<p>As head of ESD, Knight works closely with Gov. Kathy Hochul in developing the state economy through various measures like financing, subsidies, and tax breaks. As of 2022, ESD has been involved in at least 190 projects.</p>',
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			'id' => '545694',
			'title' => 'Toyota unveils $1.4 billion investment in Indiana to make more electric vehicles',
			'description_old' => null,
			'description' => 'Toyota, the world's largest automaker, has announced a $1.4 billion expansion of its factory in the U.S. state of Indiana to produce electric vehicles (EVs) starting in 2026. With the new expansion, Toyota Motor Manufacturing Indiana will become the company's second EV production facility in the United States.',
			'credit_id' => '48',
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			'url' => 'toyota-unveils-14-billion-investment-in-indiana-to-make-more-electric-vehicles',
			'tags' => 'US, Japan, Indiana, Electric Vehicles',
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			'content' => '<p>Toyota, the world&rsquo;s largest automaker, has announced a $1.4 billion expansion of its factory in the U.S. state of Indiana to produce electric vehicles (EVs) starting in 2026. With the new expansion, Toyota Motor Manufacturing Indiana will become the company&rsquo;s second EV production facility in the United States.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-3-Toyota-EVs.jpg" alt="" />
<figcaption class="image-caption">Toyota Motor Manufacturing Indiana President Tim Hollander (Source: PR Newswire)</figcaption>
</figure>
<p>According to Nikkei Asia, the investment will create 340 new high-quality jobs and increase the company&rsquo;s total number of employees in Indiana to around 8,000. The expansion also raises</p>
<p>Toyota&rsquo;s total investment in the state to $8 billion, Green Car Congress reported. <br /><br />Toyota&rsquo;s decision to increase EV production comes amid a surge in demand for its hybrid models, said CBT News.</p>
<p>In April, Toyota reported record annual sales for the fiscal year ending in March, surpassing the 10 million-unit mark for the first time. Its hybrid models have played a major role in growing the company&rsquo;s market share over the past year.</p>
<p>Toyota&rsquo;s only other EV factory in the United States is in Kentucky. The facility Georgetown is due to begin operations next year.</p>
<p>"Since 2021, Toyota has announced new investments totaling $18.6 billion into its U.S. manufacturing operations to support electrification efforts," the company said.</p>',
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			'id' => '545689',
			'title' => 'Singapore: A fertile ground for Edtech ',
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			'description' => 'Globally, education technology (Edtech) is a rapidly growing sector. According to Precision Report's EdTech Market Research Report 2024, the global Edtech market size was valued at $115 billion in 2021 and is expected to reach $467 billion by 2027. ',
			'credit_id' => '48',
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			'url' => 'singapore-a-fertile-ground-for-edtech',
			'tags' => 'Japan, Singapore, Education',
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			'content' => '<p>Globally, education technology (Edtech) is a rapidly growing sector. According to Precision Report&rsquo;s EdTech Market Research Report 2024, the global Edtech market size was valued at $115 billion in 2021 and is expected to reach $467 billion by 2027.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-2-SG-Education.jpg" alt="" />
<figcaption class="image-caption">Starting them young: Singapore's education system has gained admiration from around the world.</figcaption>
</figure>
<p>Singapore has stood out as one of the most fertile grounds for the sector&rsquo;s growth. The origins of Singapore&rsquo;s thriving Edtech sector can be traced back to 2014, when the country&rsquo;s national government enacted its Smart Nation initiative, which required schools to incorporate innovation and technology in the daily lives of Singaporean families.</p>
<p>According to UNESCO, the challenge for schools was to create meaningful learning experiences that reflected such integration, which meant that highly qualified faculty must constantly be engaged in research and innovation. Otherwise, how can one teach about advancements while experiencing none?</p>
<p>Since the enactment of the Smart Nation initiative, there have been more than 790 Edtech startups launched in Singapore. Today, the government continues to invest heavily in training its future labor pool. <br /><br />Aside from encouraging life-long learning, the city-state&rsquo;s government has also rolled out other initiatives to boost the growth of Edtech in Singapore, like an ICT masterplan, infrastructure upgrades, accelerator programs, increased connectivity in schools, and access to learning resources and opportunities for collaborations for schools and startups.</p>
<p>Those looking to start or invest in an Edtech venture will reap many benefits by betting on Singapore.</p>',
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	(int) 8 => array(
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			'id' => '545690',
			'title' => 'Columbia University seeks closer partnerships with Japan ',
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			'description' => 'The Japan Study Student Association at Columbia University's School of International and Public Affairs organized a visit to Japan in March to allow some of its members to learn more about the country's government, people, culture, and food.',
			'credit_id' => '48',
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			'url' => 'columbia-university-seeks-closer-partnerships-with-japan',
			'tags' => 'US, Japan, Education',
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			'content' => '<p>The Japan Study Student Association at <strong>Columbia University&rsquo;s School of International and Public Affairs </strong>organized a visit to Japan in March to allow some of its members to learn more about the country&rsquo;s government, people, culture, and food.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-2-NYNJ-JASSA-Education.jpg" alt="" />
<figcaption class="image-caption">JASSA representatives during their Japan trip</figcaption>
</figure>
<p>&ldquo;The Japan trip was a phenomenal opportunity not only from a career development perspective but also from a personal development perspective,&rdquo; JASSA Representative Daniel Alvarez said in an article posted on SIPA&rsquo;s website.</p>
<p>&ldquo;Speaking with top politicians, participating in cultural ceremonies, learning about critical events in Japan&rsquo;s history, experiencing the excellent cuisine, and enjoying the nightlife with new friends made for a very well-rounded trip and once-in-a-lifetime experience,&rdquo; Alvarez added.</p>
<p>For SIPA students who want to join future Japan trips, Alvarez encouraged fellow members to attend upcoming JASSA events so they can express their interest to the organizers. The trip was just one of many events of SIPA to bolster U.S.-Japan cooperation.</p>
<p>In June 2023<strong>, SIPA Dean Keren Yarhi-Milo</strong> visited the University of Tokyo's Graduate School of Public Policy, a fellow member of the Global Public Policy Network, where she held pivotal discussions to enhance cross-cultural exchange. <br /><br />In interviews with local media, including Nikkei Asia and TV Tokyo, Yarhi-Milo highlighted SIPA's commitment to integrating Japanese perspectives within its academic community.</p>
<p>&ldquo;We want our students and our faculty to be involved and engaged with Japan,&rdquo; said Yarhi-Milo as she recognized the country&rsquo;s significant economic and strategic influence in East Asia.</p>',
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			'id' => '545691',
			'title' => '3 reasons Japan-Cambodia education partnerships are thriving',
			'description_old' => null,
			'description' => 'As Cambodia and Japan commemorate 70 years of diplomatic relations, the two nations look forward to a new era in their partnership as they seek fresh fields of collaboration. More and more Japanese recognize Cambodia's untapped potential and hope to play a role in the development of its population.',
			'credit_id' => '48',
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			'url' => '3-reasons-japan-cambodia-education-partnerships-are-thriving',
			'tags' => 'Japan, Cambodia, Education',
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			'content' => '<p>As Cambodia and Japan commemorate 70 years of diplomatic relations, the two nations look forward to a new era in their partnership as they seek fresh fields of collaboration. More and more Japanese recognize Cambodia&rsquo;s untapped potential and hope to play a role in the development of its population.</p>
<p>For instance, the increased prominence of the <strong>Institute of Technology of Cambodia </strong>among the expatriate population reveals three key reasons Cambodia&rsquo;s educational landscape has attracted the attention of the Japanese community.</p>
<p>&nbsp;</p>
<p><span style="font-family: helvetica; font-size: 16pt;"><strong>The population is young, growing and mobile</strong></span></p>
<p>&nbsp;</p>
<p>CiteSeerX reports that nearly 70% of Cambodians are 29-years old and younger. <br /><br />&ldquo;Among Cambodia&rsquo;s younger generation, the literacy rate is reported to be quite high because of increasing opportunities for education. The gender gap among young adults is not so substantial, although some age group differences exist,&rdquo; Japan International Cooperation Agency said in its 2023 Country Study.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-2-CAMB-Japan-Education.jpg" alt="" />
<figcaption class="image-caption">Institute of Technology of Cambodia Rector Dr. Po Kimtho (left) and Kanazawa University President Takashi Wada (right)</figcaption>
</figure>
<p>&ldquo;This implies that very well-targeted literacy education by age, sex, geography, time of the class, and contents of the class will likely bring about significant domestic and foreign partnerships in Cambodia&rsquo;s education sector,&rdquo; the study added.An example of such a partnership is that between ITC and Panasonic Cambodia. ITC is one of only two institutions in the kingdom to receive scholarships from Panasonic Cambodia, the local subsidiary of Japanese tech giant Panasonic Group. Panasonic Cambodia Country Head Yosunoby Matsumoto said the initiative will be a means to &ldquo;maximize workforce potential, fostering growth, and nurturing the next generation of leaders.&rdquo;</p>
<p>According to Matsumoto, Panasonic Cambodia recognizes the talented local science and technology students and continues to invest in their capacity building to develop the next generation of technology business leaders that will allow them to participate in a global economy.</p>
<p><strong>&nbsp;</strong></p>
<p><span style="font-size: 16pt;"><strong><span style="font-family: helvetica;">It is open to international collaboration</span> </strong></span></p>
<p>&nbsp;</p>
<p>Cambodia is home to more than 128 higher education institutions, at least 45 of which (including ITC) have active international partnerships with universities and organizations abroad. ITC&rsquo;s outreach activities have helped position itself as an ideal partner for Japanese ventures.</p>
<p>Last year, the deputy director of ITC, along with six other academic delegates, visited the Tokyo Institute of Technology (Tokyo Tech), to partake in the training course &ldquo;Project for Strengthening Engineering Education and Research for Industrial Development in Cambodia,&rdquo; organized by JICA.</p>
<p>Subsequently, JICA formalized an agreement with ITC to strengthen engineering education and research in industrial development in Cambodia</p>
<p>&nbsp;</p>
<p><span style="font-family: helvetica; font-size: 16pt;"><strong>A growing vocationally and technically proficient workforce</strong></span></p>
<p>&nbsp;</p>
<p>&ldquo;Strengthening technical and vocational training is pivotal to attracting Japanese investment in Cambodia,&rdquo; said Labor and Vocational Training Minister Heng Sour, who urged JICA to persist in developing human resources in these domains, a statement that JICA President Sanui Kazumasa agreed with.</p>
<p>ITC, a partner of JICA, produces approximately 3,700 undergraduate and graduate students specializing in science, technology, and engineering.</p>',
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		'Articles' => array(
			'id' => '545686',
			'title' => 'Japan's JERA and Inpex to invest in separate U.S. ammonia projects',
			'description_old' => null,
			'description' => 'To bolster Japan's clean energy initiatives, two major Japanese energy companies, JERA and Inpex, are preparing to invest in separate projects in the United States that will produce ammonia for clean-burning power generation in Japan, Nikkei Asia reports. ',
			'credit_id' => '48',
			'image' => null,
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			'url' => 'japans-jera-and-inpex-to-invest-in-separate-us-ammonia-projects',
			'tags' => 'US, Japan, Investment, Green Energy',
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			'content' => '<p>To bolster Japan's clean energy initiatives, two major Japanese energy companies,<strong> JERA</strong> and <strong>Inpex</strong>, are preparing to invest in separate projects in the United States that will produce ammonia for clean-burning power generation in Japan, Nikkei Asia reports.</p>
<figure class="image-container floated-right" style="float: right;"><img class="align-right" src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-2-JERA-and-Inpex.jpg" alt="" />
<figcaption class="image-caption">Inpex President Takayuki Ueda</figcaption>
</figure>
<p><strong>JERA Global CEO and Chair Yukio Kani </strong>and<strong> Inpex President Takayuki Ueda</strong> confirmed the investments with local U.S. media at the CERAWeek 2024 energy industry conference held in Houston, Texas.</p>
<p>JERA, a joint venture between Tokyo Electric Power and Chubu Electric Power, announced its partnership with Oklahoma-based green energy company, Greenfield Energy. Together, they will build a facility in Louisiana to produce green ammonia using renewable energy sources.</p>
<p>Kani also confirmed to media that JERA will hire more people at its U.S. arm, aiming to expand the workforce by 30% after a year to around 250 employees.</p>
<p>On the other hand, Inpex, a leading oil and gas exploration and production company, is exploring opportunities in Texas to establish its own ammonia production facility.</p>
<p>According to Nikkei Asia, Inpex plans to produce 1.1 million tons of ammonia annually in Houston by 2027.</p>
<p>The investments by JERA and Inpex mark significant milestones in Japan's quest for cleaner energy alternatives.</p>',
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	(int) 11 => array(
		'Articles' => array(
			'id' => '545687',
			'title' => 'Kishida visits North Carolina: Why is it groundbreaking?',
			'description_old' => null,
			'description' => 'To promote Japanese contribution to the United States' investment landscape, Prime Minister Fumio Kishida visited North Carolina in April to tour the site of Toyota Motor Corp.'s electric and hybrid battery plant in the city of Greensboro.',
			'credit_id' => '48',
			'image' => null,
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			'url' => 'kishidas-visits-north-carolina-why-is-it-groundbreaking',
			'tags' => 'US, Japan, Investment, Electric Vehicles',
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			'content' => '<p>To promote Japanese contribution to the United States&rsquo; investment landscape, <strong>Prime Minister Fumio Kishida</strong> visited North Carolina in April to tour the site of Toyota Motor Corp.&rsquo;s electric and hybrid battery plant in the city of Greensboro.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-2-Kishida-Visit-to-NC.jpg" alt="" />
<figcaption class="image-caption">Japanese Prime Minister Fumio Kishida (center) visits Toyota's EV battery plant being built in North Carolina. (Photo source: Nikkei Asia)</figcaption>
</figure>
<p>Kishida&rsquo;s visit marked a historic moment in U.S.-Japan relations because it was the first time since 1891 that a foreign head of state visited the governor&rsquo;s mansion and the first time in a decade that a Japanese prime minister visited the state.</p>
<p>&ldquo;I am honored to be here in North Carolina to showcase the multilayered and strong ties between the United States and Japan,&rdquo; Kishida told guests at the luncheon at the state governor&rsquo;s mansion. He also lauded North Carolina for being a state &ldquo;at the forefront of the times.&rdquo;</p>
<p>Japan remains North Carolina&rsquo;s largest foreign direct investor, employing over 30,000 people in over 200 Japanese companies.</p>
<p>According to the Environmental Defense Fund, North Carolina leads all U.S. states in electric vehicle (EV) investment, attracting over $19 billion in the past year. This is attributed to its world-class infrastructure, skilled workforce, and favorable local policies.</p>
<p>Capitalizing on that environment, Japanese automakers have expanded their EV production capacity in the state. Toyota invested an additional $8 billion in its Greensboro battery plant, raising its total capital investment to around $14 billion and generating more than 5,000 new jobs.</p>
<p>Chiaki Takagi, a Japanese studies lecturer at the University of North Carolina Greensboro, highlighted the significance of Kishida&rsquo;s visit: &ldquo;This whole thing will provide the area with opportunities to be engaged in very active cultural exchange between Japan and the U.S.&rdquo;</p>',
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			'id' => '545756',
			'title' => 'Renowned U.S. chip designer wants to end Nvidia's global dominance',
			'description_old' => null,
			'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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			'url' => 'renowned-us-chip-designer-wants-to-end-nvidias-global-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&rsquo;s global market dominance.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-13-Tenstorrent.jpg" alt="" />
<figcaption class="image-caption">Tenstorrent CEO Jim Keller (Photo source: Tenstorrent)</figcaption>
</figure>
<p>Headquartered in Toronto, Tenstorrent has offices in Austin, Texas and Santa Clara, California, as well as in Belgrade, Tokyo, Bangalore, and Seoul. The company claims to be developing AI processors that perform as efficiently as Nvidia's AI GPUs but at a lower cost.</p>
<p>At present, Nvidia is the global market leader when it comes to AI chips. Its AI accelerators command between 70% and 95% of the global market share, according to CNBC.</p>
<p>Keller also said in the interview that Tenstorrent hopes to sell its second-generation multipurpose AI chip by the end of this year.</p>
<p>According to Keller, Tenstorrent can achieve its objective because it does not use high-bandwidth memory (HBM), a popular type of advanced memory chip capable of transferring large amounts of data quickly. HBM is a vital component for generative AI chips and has played a significant role in the success of Nvidia's offerings.</p>
<p>But Keller pointed out that HBM was also one of the culprits behind the massive energy consumption and high prices of AI chips.</p>
<p>"Even the people that use HBM struggle with the cost of it, [and] the design time to build it,&rdquo; 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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			'title' => 'ITOCHU to take part in Taiwan's smart city project ',
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			'description' => 'Tokyo-based trading giant ITOCHU secured a contract to develop and test AI systems that will help run the transportation network and energy infrastructure of a future smart city project in southern Taiwan, according to a company press release.',
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			'content' => '<p>Tokyo-based trading giant <strong>ITOCHU</strong> secured a contract to develop and test AI systems that will help run the transportation network and energy infrastructure of a future smart city project in southern Taiwan, according to a company press release.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-13-ITOCHU-Taiwan.jpg" alt="" />
<figcaption class="image-caption">ITOCHU plans to roll out AI-powered buses for Taiwan's new smart city project in Tainan. (Photo source: Nikkei Asia)</figcaption>
</figure>
<p>ITOCHU outbid other parties interested in the Integrated Development Project for Shalun Smart Green Energy Science City located in Tainan. The early-stage contract, according to Nikkei Asia, is worth around $332,000 (10.8 million New Taiwan dollars).</p>
<p>According to ITOCHU, the goal is to test its AI systems on a trial basis by the end of October. This is the first time the trading house has officially participated in an overseas smart city project.</p>
<p>The Taiwanese government also announced plans to earmark an additional $306.9 million (or 10 billion NTD) to develop the country&rsquo;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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			'title' => 'Melexis opens its largest wafer testing site in Malaysia',
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			'description' => 'Belgium-based supplier of semiconductor solutions Melexis has opened its largest wafer testing site worldwide in Kuching in the Malaysian state of Sarawak to strengthen its presence in Asia-Pacific and meet the rising demand for semiconductors around the world, according to a company announcement.',
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			'content' => '<p>Belgium-based supplier of semiconductor solutions <strong>Melexis</strong> has opened its largest wafer testing site worldwide in Kuching in the Malaysian state of Sarawak to strengthen its presence in Asia-Pacific and meet the rising demand for semiconductors around the world, according to a company announcement.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-13-Melexis.jpg" alt="" />
<figcaption class="image-caption">Melexis' new 70 million-euro facility in Kuching is a nod to the local architectural design. (Photo source: Melexis)</figcaption>
</figure>
<p>Wafer testing is part of the manufacturing process wherein all individual integrated circuits are checked for functional defects through special test patterns.</p>
<p>According to Melexis, its expansion in Malaysia is a strategic move to streamline logistics and reduce its ecological footprint. Additionally, it selected Kuching because of its diverse, multilingual, entrepreneurial and highly skilled workforce.</p>
<p><strong>Melexis CEO Marc Biron </strong>said, &ldquo;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.&rdquo;</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&rsquo;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>&ldquo;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,&rdquo; <strong>Sarawak&rsquo;s Ministry of International Trade, Industry and Investment </strong>said in a statement<strong>.</strong></p>
<p>&ldquo;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,&rdquo; the statement also said.</p>',
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			'title' => 'ITOCHU invests in U.S. hydrogen aircraft engine maker ZeroAvia',
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			'description' => 'Japanese trading giant ITOCHU announced this month it had invested in ZeroAvia, a British-American maker of hydrogen-electric engines for aircraft, according to a company statement.',
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			'content' => '<p>Japanese trading giant <strong>ITOCHU</strong> announced this month it had invested in <strong>ZeroAvia</strong>, a British-American maker of hydrogen-electric engines for aircraft, according to a company statement.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-13-Itochu-ZeroAvia.jpg" alt="" />
<figcaption class="image-caption">An aircraft powered by ZeroAvia's hydrogen-electric engines (Photo source: ZeroAvia)</figcaption>
</figure>
<p>Founded in 2018, ZeroAvia describes itself as &ldquo;a team of passionate innovators dedicated to bringing safe, zero-emission flight to aviation.&rdquo; The company claims its hydrogen-electric propulsion systems are &ldquo;the most environmentally friendly and economically attractive solution to aviation&rsquo;s growing climate change impact.&rdquo;</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&rsquo;s long-term goal of helping save the planet by decarbonizing the aviation industry.</p>',
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			'description' => 'For the third time in the last five years, Virginia was ranked America's Top State for Business in 2024 by CNBC, which cited the state for having the best public schools in the country. It grabbed the top spot in 2007, 2009, 2011, 2019, and 2021.',
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			'content' => '<p>For the third time in the last five years,<strong> Virginia</strong> was ranked America&rsquo;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>
</figure>
<p>&ldquo;Congratulations to Virginia on being named America&rsquo;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,&rdquo; 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&rsquo;s 10 categories this year, &ldquo;a rare feat,&rdquo; 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&rsquo;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&rsquo;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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			'content' => '<p>The U.S. subsidiary of Japanese group <strong>FANUC</strong>, one of the world&rsquo;s largest makers of industrial robots, has opened a $110 million facility in Michigan to store, sell and maintain made-in-Japan industrial robots for North American customers, according to a statement from FANUC America.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-13-FANUC.jpg" alt="" />
<figcaption class="image-caption">Michigan Gov. Gretchen Whitmer (center) with senior officers of FANUC America at its West Campus. (Photo source: FANUC America)</figcaption>
</figure>
<p>The new 650,000-square-foot facility was inaugurated on July 10 and is located in FANUC America&rsquo;s West Campus in Auburn Hills, Michigan. The expansion increases the company&rsquo;s footprint in Michigan to over 2 million square feet and is part of FANUC America&rsquo;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,&rdquo; <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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			'title' => 'NY-based AI med tech startup raises $50 million',
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			'description' => 'K Health, a leading AI-driven primary care company that provides 24/7 virtual primary care solutions through its mobile app, announced this month that it had raised $50 million in funding led by Claure Group with participation from investors, including Pablo Legorreta (founder and CEO of Royalty Pharma) and Mangrove Capital Partners, Valor Equity Partners, and Atreides Management.',
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			'content' => '<p><strong>K Health</strong>, a leading AI-driven primary care company that provides 24/7 virtual primary care solutions through its mobile app, announced this month that it had raised $50 million in funding led by Claure Group with participation from investors, including Pablo Legorreta (founder and CEO of Royalty Pharma) and Mangrove Capital Partners, Valor Equity Partners, and Atreides Management.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-12-NYNJ-K-Health-Alan-Bloch.jpg" alt="" />
<figcaption class="image-caption">K Health founder and CEO Allon Bloch (Photo source: K Health)</figcaption>
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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>&ldquo;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,&rdquo; explained<strong> K Health founder and CEO Allon Bloch.</strong></p>
<p>&ldquo;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,&rdquo; 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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			'content' => '<p>Ontario-based multinational <strong>Lee Li Holdings (LLH)</strong> <strong>CEO Lee Q. Shim</strong> told <strong>Cambodian Prime Minister Hun Manet </strong>in a meeting at the capital Phnom Penh this month that his company was looking at investment opportunities in the country, including its automotive healthcare, gas and oil, food processing and logistics, automobiles, and exports accreditation sectors.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-12-CAMB-Li-Lee-Holdings.jpg" alt="" />
<figcaption class="image-caption">Cambodia Prime Minister Hun Manet (right) met with Lee Li Holdings President and CEO Lee Q. Shim (Ieft) in Phnom Penh this month. (Photo source: Office of the Prime Minister)</figcaption>
</figure>
<p>During the meeting, Manet pointed out that the <strong>Cambodia Chamber of Commerce</strong> had two representative offices in Canada (Toronto and Montreal) that promote bilateral trade and assist exporters and importers in their two countries.</p>
<p>&ldquo;Shim&rsquo;s visit will further contribute to the promotion of trade relations between Cambodia and Canada,&rdquo; 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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			'description' => 'National University Hospital (NUH), the main teaching hospital of the country's top-ranking National University of Singapore, announced this month the opening of a center focused on providing trauma care to vulnerable groups, particularly children, older adults, and migrant workers.',
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			'content' => '<p><strong>National University Hospital (NUH)</strong>, the main teaching hospital of the country&rsquo;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>
<p>&ldquo;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,&rdquo; 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&rsquo;s only pediatric kidney and liver transplant program.</p>',
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		'title' => 'What Cambodia's honey industry can teach businesses ',
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		'description' => 'In 2021, Cambodia's government awarded its first geographic indication (GI) label for the wild honey harvested in Mondulkiri Province. The protected GI label, granted to local products with distinctive regional qualities, has elevated the profile of Cambodian honey on the global stage.',
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		'content' => '<p>Cambodia&rsquo;s honey industry has experienced steady growth in recent years. In 2021, the government awarded its first geographic indication (GI) label for the wild honey harvested in Mondulkiri Province. The protected GI label, granted to local products with distinctive regional qualities, has elevated the profile of Cambodian honey on the global stage.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-3-CAMB-Honey.jpg" alt="" />
<figcaption class="image-caption">Cambodia Honey Association Executive Director Sem Sreytouch</figcaption>
</figure>
<p>Although varieties like Modulkiri money have been harvested in Cambodia for centuries, efforts to streamline and formalize the industry&rsquo;s value chain are relatively recent and spearheaded by the Cambodia Honey Association (CHA), the main advocacy group representing the sector&rsquo;s stakeholders.</p>
<p>In an interview with GMI POST, CHA underscored the necessary steps to invigorate the industry while providing insight into navigating business in an emerging market landscape.&nbsp;</p>
<p><strong>&nbsp;</strong></p>
<p><span style="font-family: helvetica; font-size: 18pt;"><strong>Collaboration over competition </strong></span></p>
<p><strong>&nbsp;</strong></p>
<p><strong>CHA Executive Director Sem Sreytouch </strong>emphasizes the importance of shifting industry stakeholders&rsquo; mindset from competition to collaboration.</p>
<p>&ldquo;One of our main advocacies is to enact a change in mindset among Cambodian honey growers, apiaries, and other stakeholders in the value chain. A united front is required to elevate the overall standards of the Cambodian honey industry&rdquo; she said.</p>
<p><strong>&nbsp;</strong></p>
<p><span style="font-family: helvetica; font-size: 18pt;"><strong>Prioritize capacity building</strong></span></p>
<p><strong>&nbsp;</strong></p>
<p><strong>Peter Batt, Ph.D of Curtin University,</strong> also a fellow of the International Horticultural Congress, stressed the need for education and capacity-building at the grassroots level in emerging markets like Cambodia.</p>
<p>&ldquo;A key aspect of addressing challenges in Cambodia, particularly within the honey industry, was capacity building of smallholder farmers and empowering those farmers with basic and practical skills to help them grasp what it takes to thrive in trade,&rdquo; he said.</p>
<p><strong>&nbsp;</strong></p>
<p><span style="font-size: 1*pt;"><strong><span style="font-family: helvetica;">Explore untapped resources</span> </strong></span></p>
<p>&nbsp;</p>
<p>CHA also highlighted Cambodia's rich geographic diversity as a wellspring of untapped potential for future GI labels, such as honey from the lesser-known Tonle Sap Lake region. <strong>Dr. Try Yong</strong>, a beekeeping expert and an advisor to the Royal Ministry of Agriculture, underscored Cambodia&rsquo;s abundance of untapped honey collection areas in the rest of the country.</p>
<p>&ldquo;Regions like Tone Sap Lake and the western coasts offer promising opportunities. Despite the vast forests from which much of our honey originates, many areas lack GI certification, signaling significant untapped potential and future business opportunities for our kingdom,&rdquo; he said.</p>',
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	'url' => 'what-cambodias-honey-industry-can-teach-businesses'
)
$imgg = ''
include - APP/View/Featuresite/upcomingfeaturelist.ctp, line 53
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 963
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 108

Notice (8): Undefined index: SpecialFeature [APP/View/Featuresite/upcomingfeaturelist.ctp, line 53]
Code Context
                                $imgg = $this->Html->url('/upload/article/company_focus/'.$article['Articles']['id'].'/'.$article['Articles']['company_focus_image']);
                            }else{
                                $imgg = $this->Html->url('/upload/special_feature/small_image/'.$article['SpecialFeature']['id'].'/'.$article['SpecialFeature']['small_image']);
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			'description' => 'Boston's Japanese food scene got more diverse with the opening in April of Sakabayashi Sushi Tavern, a subsidiary of Japan's largest conveyor-belt sushi chain, Sushiro. The restaurant is the first investment of its parent company, Food & Life Co., in the United States. ',
			'credit_id' => '48',
			'image' => null,
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			'content' => '<p>Boston&rsquo;s Japanese food scene got more diverse with the opening in April of Sakabayashi Sushi Tavern, a subsidiary of Japan&rsquo;s largest conveyor-belt sushi chain, Sushiro. The restaurant is the first investment of its parent company, <strong>Food &amp; Life Co.</strong>, in the United States.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-4-Sushiro.jpg" alt="" />
<figcaption class="image-caption">Food &amp; Life Companies USA President Yosuke Tanaka (Source: LinkedIn/Yosue Tanaka)</figcaption>
</figure>
<p>Sakabayashi retained the original restaurant&rsquo;s <em>izakaya </em>style of dining<em>, </em>wherein patrons can eat and drink in a casual setting. With menu items priced from under $10, the restaurant wants to attract a diverse crowd.</p>
<p>&ldquo;Ensuring affordability while providing an authentic Japanese experience to Americans is paramount. Eighty percent of our menu is recreated from Japan. Our raw ingredients are sourced from our global procurement chain,&rdquo; said <strong>Food &amp; Life Companies USA President Yosuke Tanaka.</strong></p>
<p>Although Sakabayashi Sushi Tavern is Food and Life&rsquo;s first foray in the country, the group has many years of international experience. With operations in eight countries, primarily in Asia, Food &amp; Life aims to generate $1.45 billion in overseas revenue by the end of the fiscal year 2026 by opening more conveyor-belt sushi restaurants in the United States.</p>
<p>&ldquo;Our priority is not limited to deploying our existing brand but also to discovering, developing, and expanding new brands and food-services formats through the reinforcement of our competitive advantages in ingredient development, procurement, and supply chain management,&rdquo; said <strong>Food &amp; Life Ltd. President and CEO Koichi Mizutome.</strong></p>
<p>Mizutome&rsquo;s confidence stems from the growing popularity of Japanese cuisine in the United States. In 2023, revenues of sushi restaurants in America grew by 4.5% and are expected to grow further, according to research firm IBIS World.</p>
<p>In the United States, ramen shops are also growing more popular as various Japanese chains, like Fukuoka and Ramen Santouka, plan to open more outlets across the country.</p>',
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			'section_summary' => 'Boston's Japanese food scene got more diverse with the opening in April of Sakabayashi Sushi Tavern, a subsidiary of Japan's largest conveyor-belt sushi chain, Sushiro. The restaurant is the first investment of its parent company, Food & Life Co., in the United States. ',
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		'Articles' => array(
			'id' => '545695',
			'title' => 'Impostor Syndrome and The Incomplete Leader',
			'description_old' => null,
			'description' => 'Now that everyone's details, accomplishments, and track record are easily fact-checked and reviewed on the internet, there has been a rise in the number of anxiety-riddled executives. The same tool used for work productivity has also been a source of consternation.',
			'credit_id' => '48',
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			'url' => 'impostor-syndrome-and-the-incomplete-leader',
			'tags' => 'Leadership, Management, Impostor Syndrome',
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			'content' => '<p>The notion that &ldquo;leaders have to be flawless&rdquo; is starting to disappear. Access to unlimited information, a.k.a. the Internet, should have changed this perception ages ago.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-3-SG-Impostor-Syndrome.jpg" alt="" />
<figcaption class="image-caption">The workplace has evolved to become a more forgiving place for its leaders. (Illustration by Lianne Dominguez)</figcaption>
</figure>
<p>But now that everyone&rsquo;s details, accomplishments, and track record are easily fact-checked and reviewed on the internet, there has been a rise in the number of anxiety-riddled executives. The same tool used for work productivity has also been a source of consternation.</p>
<p>The pressure to have intellectual and interpersonal superiority is at an all-time high. According to the National Library of Medicine, impostor syndrome (IS) is a behavioral health phenomenon described as self-doubt of intellect, skills, or accomplishments among high-achieving individuals. Yes! The seemingly poised manager could be a fa&ccedil;ade.</p>
<p>Despite the tremendous pressure for perfection, an article in Harvard Business Review offers a solution to ease some caffeine-stimulated corporate minds. The authors, in praise of &ldquo;The Incomplete Leader,&rdquo; recommend embracing imperfections to strengthen one&rsquo;s leadership abilities. It also said that organizations were evolving to become more collaborative than hierarchical.</p>
<p>Decisions should often be made in the context of the open economy, therefore as no senior executive has a monopoly on knowledge. The overarching theme was that: Leaders should determine the right colleague to handle areas of their perceived weaknesses.&nbsp;</p>
<p>In fact, four leadership capabilities are developed during this process: sense-making, relating, visioning, and inventing.</p>
<p>Arguably, many teams have adopted the practice of &ldquo;excellence&rdquo; over &ldquo;perfection&rdquo;. The culture of excellence, while forgiving mistakes and considering personal limitations, does not absolve leaders and team members from giving their best.</p>
<p>Accepting the new demands and realities of a hybrid workplace, especially for leaders, will empower and not overwhelm the incomplete leader.</p>',
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			'id' => '545696',
			'title' => 'Brewing success: How leadership catapulted Paradox Brewery to new heights',
			'description_old' => null,
			'description' => 'Paradox Brewery President and founder Paul Mrocka is widely credited for driving the New York-based to new levels of success through strategic planning, data-driven decision-making, and effective international partnerships.',
			'credit_id' => '48',
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			'url' => 'brewing-success-how-leadership-catapulted-paradox-brewery-to-new-heights',
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			'content' => '<p><strong>Paradox Brewery President and founder Paul Mrocka </strong>is widely credited for driving the New York-based to new levels of success through strategic planning, data-driven decision-making, and effective international partnerships.</p>
<p>According to Mrocka, data isn't just numbers at Paradox Brewery. It's a roadmap to success.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-3-NYNJ-Paradox-Brewery.jpg" alt="" />
<figcaption class="image-caption">Paradox Brewery President and founder Paul Mrocka</figcaption>
</figure>
<p>In an interview with GMI POST, Mrocka emphasized their reliance on Information Resources, Inc. (IRI) data to understand market trends, consumer preferences, and competitor strategies.</p>
<p>&ldquo;We're very competitive in our prices and a data-driven company. We tell stories with this data that we buy. And we use that data to go to the buyer and talk to them about it,&rdquo; he said.</p>
<p>By leveraging IRI&rsquo;s data, Paradox Brewery gains insights that shape its marketing strategies and product development, ensuring it stays ahead in the fiercely competitive craft beer market.</p>
<p>Paradox Brewery isn't afraid to think big either. </p>
<p>&ldquo;You have to put the time in. You have to show up and get face-to-face with these people because there has to be a degree of comfort on both sides of the arrangement to buy beer from the other side of the planet,&rdquo;<strong> Director of Operations Devon Hamilton </strong>said about plans to expand globally.</p>
<p>By nurturing strong relationships with international partners, Paradox Brewery secures distribution channels and builds a global brand presence, Hamilton also said.</p>
<p>For Paradox Brewery, success isn't just about reacting to market trends but about anticipating and shaping them. Through constant planning and adaptation, the company stays at the forefront of innovation, offering a diverse and appealing portfolio to its customers.</p>
<p>&ldquo;We all sit down, talk about what did well last year, what we think we should bring back for next year, what the upcoming trends are, and argue about what our portfolio will be,&rdquo; Hamilton said.</p>
<p>As Paradox Brewery expands both domestically and internationally, the skills and dedication of its leaders will ensure the New York brand remains a beloved brand in the craft beer industry.</p>',
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			'id' => '545697',
			'title' => 'What Cambodia's honey industry can teach businesses ',
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			'description' => 'In 2021, Cambodia's government awarded its first geographic indication (GI) label for the wild honey harvested in Mondulkiri Province. The protected GI label, granted to local products with distinctive regional qualities, has elevated the profile of Cambodian honey on the global stage.',
			'credit_id' => '48',
			'image' => null,
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			'url' => 'what-cambodias-honey-industry-can-teach-businesses',
			'tags' => 'Cambodia, Leadership, Management, Agriculture, Honey',
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			'content' => '<p>Cambodia&rsquo;s honey industry has experienced steady growth in recent years. In 2021, the government awarded its first geographic indication (GI) label for the wild honey harvested in Mondulkiri Province. The protected GI label, granted to local products with distinctive regional qualities, has elevated the profile of Cambodian honey on the global stage.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-3-CAMB-Honey.jpg" alt="" />
<figcaption class="image-caption">Cambodia Honey Association Executive Director Sem Sreytouch</figcaption>
</figure>
<p>Although varieties like Modulkiri money have been harvested in Cambodia for centuries, efforts to streamline and formalize the industry&rsquo;s value chain are relatively recent and spearheaded by the Cambodia Honey Association (CHA), the main advocacy group representing the sector&rsquo;s stakeholders.</p>
<p>In an interview with GMI POST, CHA underscored the necessary steps to invigorate the industry while providing insight into navigating business in an emerging market landscape.&nbsp;</p>
<p><strong>&nbsp;</strong></p>
<p><span style="font-family: helvetica; font-size: 18pt;"><strong>Collaboration over competition </strong></span></p>
<p><strong>&nbsp;</strong></p>
<p><strong>CHA Executive Director Sem Sreytouch </strong>emphasizes the importance of shifting industry stakeholders&rsquo; mindset from competition to collaboration.</p>
<p>&ldquo;One of our main advocacies is to enact a change in mindset among Cambodian honey growers, apiaries, and other stakeholders in the value chain. A united front is required to elevate the overall standards of the Cambodian honey industry&rdquo; she said.</p>
<p><strong>&nbsp;</strong></p>
<p><span style="font-family: helvetica; font-size: 18pt;"><strong>Prioritize capacity building</strong></span></p>
<p><strong>&nbsp;</strong></p>
<p><strong>Peter Batt, Ph.D of Curtin University,</strong> also a fellow of the International Horticultural Congress, stressed the need for education and capacity-building at the grassroots level in emerging markets like Cambodia.</p>
<p>&ldquo;A key aspect of addressing challenges in Cambodia, particularly within the honey industry, was capacity building of smallholder farmers and empowering those farmers with basic and practical skills to help them grasp what it takes to thrive in trade,&rdquo; he said.</p>
<p><strong>&nbsp;</strong></p>
<p><span style="font-size: 1*pt;"><strong><span style="font-family: helvetica;">Explore untapped resources</span> </strong></span></p>
<p>&nbsp;</p>
<p>CHA also highlighted Cambodia's rich geographic diversity as a wellspring of untapped potential for future GI labels, such as honey from the lesser-known Tonle Sap Lake region. <strong>Dr. Try Yong</strong>, a beekeeping expert and an advisor to the Royal Ministry of Agriculture, underscored Cambodia&rsquo;s abundance of untapped honey collection areas in the rest of the country.</p>
<p>&ldquo;Regions like Tone Sap Lake and the western coasts offer promising opportunities. Despite the vast forests from which much of our honey originates, many areas lack GI certification, signaling significant untapped potential and future business opportunities for our kingdom,&rdquo; he said.</p>',
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			'id' => '545692',
			'title' => 'Wisconsin to give multimillion tax incentive to Kikkoman for new expansion',
			'description_old' => null,
			'description' => 'Kikkoman Foods Inc. has broken ground for its third manufacturing plant in Jefferson County and an expansion to its existing plant in neighboring Walworth County, Wisconsin. To support this fresh investment, the Wisconsin Economic Development Corp. (WEDC) plans to provide the Japanese soy sauce maker up to $15.5 million in performance-based tax credits.',
			'credit_id' => '48',
			'image' => null,
			'image_caption' => null,
			'url' => 'wisconsin-to-give-multimillion-tax-incentive-to-kikkoman-for-new-expansion',
			'tags' => 'US, Japan, Wisconsin, Economic Development, Food',
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			'content' => '<p>Kikkoman Foods Inc. has broken ground for its third manufacturing plant in Jefferson County and an expansion to its existing plant in neighboring Walworth County, Wisconsin. To support this fresh investment, the <strong>Wisconsin Economic Development Corp. (WEDC)</strong> plans to provide the Japanese soy sauce maker up to $15.5 million in performance-based tax credits.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-3-Kikkoman-Wisconsin.jpg" alt="" />
<figcaption class="image-caption">Wisconsin Economic Development Corporation CEO and Secretary Missy Hughes (Source: Milwaukee Business Journal)</figcaption>
</figure>
<p>Kikkoman&rsquo;s expansion in Wisconsin will inject $800 million into the state&rsquo;s economy and create 83 new jobs over the next decade. The Walworth facility, opened in 1973, is the company&rsquo;s highest-producing soy sauce factory globally.</p>
<p>Meanwhile, the plant in Jefferson City is scheduled to start operations in 2026 and will focus on soy sauce-related products, like teriyaki sauce. Aside from enhancing efficiency and scalability, the facility will bolster Kikkoman&rsquo;s sustainability efforts by using renewable energy sources and equipment with lower CO2 emissions.</p>
<p><strong>WEDC Secretary and CEO Missy Hughes</strong> welcomed the announcement: &ldquo;Fifty years ago, Kikkoman made history by choosing Walworth, Wisconsin for its first international brewing plant. Now, by expanding its presence in Jefferson, Kikkoman is opening a new chapter in its history.&rdquo;</p>
<p><strong>Jefferson City Mayor Dale Oppermann</strong> expressed appreciation for Kikkoman&rsquo;s continued trust in the region: &ldquo;Kikkoman&rsquo;s decision to invest in Jefferson underscores the strength and appeal of our local food and beverage niche. We look forward to a long, prosperous partnership.&rdquo;</p>
<p>Meanwhile, <strong>Kikkoman Chair and honorary CEO Yuzauro Mogi </strong>said the company&rsquo;s choice of Wisconsin was rooted in several factors, among them its location, which provided convenient market access, as well as its skilled workforce, easy availability of raw materials, an abundance of clean water, the collaborative spirit of the local community.</p>
<p>&ldquo;We look forward to expanding our footprints in Wisconsin and establishing a supply chain with increased stability in North America,&rdquo; he also said.</p>
<p>Over the past five decades, Kikkoman has transformed rural Wisconsin through partnerships with the local community, donating more than $17 million to charitable organizations.</p>
<p>As one of the first production facilities set up by a Japanese company in the United States, the Walworth plant is seen as a valuable symbol of the close business and cultural partnership between the two countries.</p>
<p>&ldquo;Whether it&rsquo;s providing thousands of jobs, bolstering our economy or providing us and the world with phenomenal soy sauce, Kikkoman is doing good work across Wisconsin and the country. I am grateful for their continued partnership and expansion in Wisconsin,&rdquo; said <strong>Gov. Tony Evers</strong>.</p>',
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			'id' => '545693',
			'title' => 'New York wants more Japanese chipmakers in the state',
			'description_old' => null,
			'description' => 'Empire State Development (ESD), the umbrella organization for New York's two main economic development corporations, wants more Japanese chip industry suppliers to open operations in the state to support the upcoming manufacturing facilities of Micron Technology, the world's fourth-largest semiconductor company.',
			'credit_id' => '48',
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			'url' => 'new-york-wants-more-japanese-chipmakers-in-the-state',
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			'content' => '<p><strong>Empire State Development (ESD)</strong>, the umbrella organization for New York's two main economic development corporations, wants more Japanese chip industry suppliers to open operations in the state to support the upcoming manufacturing facilities of Micron Technology, the world&rsquo;s fourth-largest semiconductor company.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-3-Micron-NY.jpg" alt="" />
<figcaption class="image-caption">Empire State Development President Hope Knight (Source: Empire State Development)</figcaption>
</figure>
<p>&ldquo;Last year, we were able to attract Micron to central New York. With the large investment that Micron is making, $100 billion, we know that we have to build an ecosystem to support that activity. That's why we're here on this mission: to talk to Japanese firms, some of Micron's suppliers, to come and locate in New York,&rdquo; <strong>ESD President Hope Knight</strong> told Nikkei Asia.</p>
<p>While Knight did not name the companies she spoke to during her visit to Japan, she mentioned that some were &ldquo;very excited about the possibility&rdquo; of investing in the state.</p>
<p>Micron, the only memory and storage manufacturer in the United States, has announced plans to build a $100 billion &ldquo;mega fab,&rdquo; which will employ more than 9,000 people, near Syracuse in upstate New York.</p>
<p>Even before the CHIPS and Science Act became federal law in 2022, New York had unveiled its $10 billion program, called Green CHIPS, which offered tax incentives to chip manufacturers. Participants of Green CHIPS can benefit from zero corporate income tax rates and receive tax credits based on their capital spending and research and development expenditures.</p>
<p>&ldquo;We customize a package for you,&rdquo; said Knight, who emphasized that incentives are tailored based on various factors, like the number of jobs created and size of investment.</p>
<p>The ESD president highlighted the importance of bringing back chip manufacturing to the United States, citing national security concerns and geopolitical trends, and underscored New York's manufacturing legacy and its readiness to revive its manufacturing sector.</p>
<p>New York has prioritized chip manufacturing as a key industry for economic growth. Apart from IBM, 75 other semiconductor-related companies have made new investments in the state. And since the introduction of Green CHIPS, total investments have reached $112 billion.</p>
<p>On concerns surrounding the high cost of living and labor costs associated with New York City, Knight said that cities in upstate New York, such as Albany, Syracuse, Rochester and Buffalo, offer affordability and have cheaper sources of clean power.</p>
<p>As head of ESD, Knight works closely with Gov. Kathy Hochul in developing the state economy through various measures like financing, subsidies, and tax breaks. As of 2022, ESD has been involved in at least 190 projects.</p>',
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			'title' => 'Toyota unveils $1.4 billion investment in Indiana to make more electric vehicles',
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			'description' => 'Toyota, the world's largest automaker, has announced a $1.4 billion expansion of its factory in the U.S. state of Indiana to produce electric vehicles (EVs) starting in 2026. With the new expansion, Toyota Motor Manufacturing Indiana will become the company's second EV production facility in the United States.',
			'credit_id' => '48',
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			'url' => 'toyota-unveils-14-billion-investment-in-indiana-to-make-more-electric-vehicles',
			'tags' => 'US, Japan, Indiana, Electric Vehicles',
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			'content' => '<p>Toyota, the world&rsquo;s largest automaker, has announced a $1.4 billion expansion of its factory in the U.S. state of Indiana to produce electric vehicles (EVs) starting in 2026. With the new expansion, Toyota Motor Manufacturing Indiana will become the company&rsquo;s second EV production facility in the United States.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-3-Toyota-EVs.jpg" alt="" />
<figcaption class="image-caption">Toyota Motor Manufacturing Indiana President Tim Hollander (Source: PR Newswire)</figcaption>
</figure>
<p>According to Nikkei Asia, the investment will create 340 new high-quality jobs and increase the company&rsquo;s total number of employees in Indiana to around 8,000. The expansion also raises</p>
<p>Toyota&rsquo;s total investment in the state to $8 billion, Green Car Congress reported. <br /><br />Toyota&rsquo;s decision to increase EV production comes amid a surge in demand for its hybrid models, said CBT News.</p>
<p>In April, Toyota reported record annual sales for the fiscal year ending in March, surpassing the 10 million-unit mark for the first time. Its hybrid models have played a major role in growing the company&rsquo;s market share over the past year.</p>
<p>Toyota&rsquo;s only other EV factory in the United States is in Kentucky. The facility Georgetown is due to begin operations next year.</p>
<p>"Since 2021, Toyota has announced new investments totaling $18.6 billion into its U.S. manufacturing operations to support electrification efforts," the company said.</p>',
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	(int) 7 => array(
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			'id' => '545689',
			'title' => 'Singapore: A fertile ground for Edtech ',
			'description_old' => null,
			'description' => 'Globally, education technology (Edtech) is a rapidly growing sector. According to Precision Report's EdTech Market Research Report 2024, the global Edtech market size was valued at $115 billion in 2021 and is expected to reach $467 billion by 2027. ',
			'credit_id' => '48',
			'image' => null,
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			'url' => 'singapore-a-fertile-ground-for-edtech',
			'tags' => 'Japan, Singapore, Education',
			'is_rss' => false,
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			'content' => '<p>Globally, education technology (Edtech) is a rapidly growing sector. According to Precision Report&rsquo;s EdTech Market Research Report 2024, the global Edtech market size was valued at $115 billion in 2021 and is expected to reach $467 billion by 2027.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-2-SG-Education.jpg" alt="" />
<figcaption class="image-caption">Starting them young: Singapore's education system has gained admiration from around the world.</figcaption>
</figure>
<p>Singapore has stood out as one of the most fertile grounds for the sector&rsquo;s growth. The origins of Singapore&rsquo;s thriving Edtech sector can be traced back to 2014, when the country&rsquo;s national government enacted its Smart Nation initiative, which required schools to incorporate innovation and technology in the daily lives of Singaporean families.</p>
<p>According to UNESCO, the challenge for schools was to create meaningful learning experiences that reflected such integration, which meant that highly qualified faculty must constantly be engaged in research and innovation. Otherwise, how can one teach about advancements while experiencing none?</p>
<p>Since the enactment of the Smart Nation initiative, there have been more than 790 Edtech startups launched in Singapore. Today, the government continues to invest heavily in training its future labor pool. <br /><br />Aside from encouraging life-long learning, the city-state&rsquo;s government has also rolled out other initiatives to boost the growth of Edtech in Singapore, like an ICT masterplan, infrastructure upgrades, accelerator programs, increased connectivity in schools, and access to learning resources and opportunities for collaborations for schools and startups.</p>
<p>Those looking to start or invest in an Edtech venture will reap many benefits by betting on Singapore.</p>',
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			'id' => '545690',
			'title' => 'Columbia University seeks closer partnerships with Japan ',
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			'description' => 'The Japan Study Student Association at Columbia University's School of International and Public Affairs organized a visit to Japan in March to allow some of its members to learn more about the country's government, people, culture, and food.',
			'credit_id' => '48',
			'image' => null,
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			'url' => 'columbia-university-seeks-closer-partnerships-with-japan',
			'tags' => 'US, Japan, Education',
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			'content' => '<p>The Japan Study Student Association at <strong>Columbia University&rsquo;s School of International and Public Affairs </strong>organized a visit to Japan in March to allow some of its members to learn more about the country&rsquo;s government, people, culture, and food.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-2-NYNJ-JASSA-Education.jpg" alt="" />
<figcaption class="image-caption">JASSA representatives during their Japan trip</figcaption>
</figure>
<p>&ldquo;The Japan trip was a phenomenal opportunity not only from a career development perspective but also from a personal development perspective,&rdquo; JASSA Representative Daniel Alvarez said in an article posted on SIPA&rsquo;s website.</p>
<p>&ldquo;Speaking with top politicians, participating in cultural ceremonies, learning about critical events in Japan&rsquo;s history, experiencing the excellent cuisine, and enjoying the nightlife with new friends made for a very well-rounded trip and once-in-a-lifetime experience,&rdquo; Alvarez added.</p>
<p>For SIPA students who want to join future Japan trips, Alvarez encouraged fellow members to attend upcoming JASSA events so they can express their interest to the organizers. The trip was just one of many events of SIPA to bolster U.S.-Japan cooperation.</p>
<p>In June 2023<strong>, SIPA Dean Keren Yarhi-Milo</strong> visited the University of Tokyo's Graduate School of Public Policy, a fellow member of the Global Public Policy Network, where she held pivotal discussions to enhance cross-cultural exchange. <br /><br />In interviews with local media, including Nikkei Asia and TV Tokyo, Yarhi-Milo highlighted SIPA's commitment to integrating Japanese perspectives within its academic community.</p>
<p>&ldquo;We want our students and our faculty to be involved and engaged with Japan,&rdquo; said Yarhi-Milo as she recognized the country&rsquo;s significant economic and strategic influence in East Asia.</p>',
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	(int) 9 => array(
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			'id' => '545691',
			'title' => '3 reasons Japan-Cambodia education partnerships are thriving',
			'description_old' => null,
			'description' => 'As Cambodia and Japan commemorate 70 years of diplomatic relations, the two nations look forward to a new era in their partnership as they seek fresh fields of collaboration. More and more Japanese recognize Cambodia's untapped potential and hope to play a role in the development of its population.',
			'credit_id' => '48',
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			'url' => '3-reasons-japan-cambodia-education-partnerships-are-thriving',
			'tags' => 'Japan, Cambodia, Education',
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			'content' => '<p>As Cambodia and Japan commemorate 70 years of diplomatic relations, the two nations look forward to a new era in their partnership as they seek fresh fields of collaboration. More and more Japanese recognize Cambodia&rsquo;s untapped potential and hope to play a role in the development of its population.</p>
<p>For instance, the increased prominence of the <strong>Institute of Technology of Cambodia </strong>among the expatriate population reveals three key reasons Cambodia&rsquo;s educational landscape has attracted the attention of the Japanese community.</p>
<p>&nbsp;</p>
<p><span style="font-family: helvetica; font-size: 16pt;"><strong>The population is young, growing and mobile</strong></span></p>
<p>&nbsp;</p>
<p>CiteSeerX reports that nearly 70% of Cambodians are 29-years old and younger. <br /><br />&ldquo;Among Cambodia&rsquo;s younger generation, the literacy rate is reported to be quite high because of increasing opportunities for education. The gender gap among young adults is not so substantial, although some age group differences exist,&rdquo; Japan International Cooperation Agency said in its 2023 Country Study.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-2-CAMB-Japan-Education.jpg" alt="" />
<figcaption class="image-caption">Institute of Technology of Cambodia Rector Dr. Po Kimtho (left) and Kanazawa University President Takashi Wada (right)</figcaption>
</figure>
<p>&ldquo;This implies that very well-targeted literacy education by age, sex, geography, time of the class, and contents of the class will likely bring about significant domestic and foreign partnerships in Cambodia&rsquo;s education sector,&rdquo; the study added.An example of such a partnership is that between ITC and Panasonic Cambodia. ITC is one of only two institutions in the kingdom to receive scholarships from Panasonic Cambodia, the local subsidiary of Japanese tech giant Panasonic Group. Panasonic Cambodia Country Head Yosunoby Matsumoto said the initiative will be a means to &ldquo;maximize workforce potential, fostering growth, and nurturing the next generation of leaders.&rdquo;</p>
<p>According to Matsumoto, Panasonic Cambodia recognizes the talented local science and technology students and continues to invest in their capacity building to develop the next generation of technology business leaders that will allow them to participate in a global economy.</p>
<p><strong>&nbsp;</strong></p>
<p><span style="font-size: 16pt;"><strong><span style="font-family: helvetica;">It is open to international collaboration</span> </strong></span></p>
<p>&nbsp;</p>
<p>Cambodia is home to more than 128 higher education institutions, at least 45 of which (including ITC) have active international partnerships with universities and organizations abroad. ITC&rsquo;s outreach activities have helped position itself as an ideal partner for Japanese ventures.</p>
<p>Last year, the deputy director of ITC, along with six other academic delegates, visited the Tokyo Institute of Technology (Tokyo Tech), to partake in the training course &ldquo;Project for Strengthening Engineering Education and Research for Industrial Development in Cambodia,&rdquo; organized by JICA.</p>
<p>Subsequently, JICA formalized an agreement with ITC to strengthen engineering education and research in industrial development in Cambodia</p>
<p>&nbsp;</p>
<p><span style="font-family: helvetica; font-size: 16pt;"><strong>A growing vocationally and technically proficient workforce</strong></span></p>
<p>&nbsp;</p>
<p>&ldquo;Strengthening technical and vocational training is pivotal to attracting Japanese investment in Cambodia,&rdquo; said Labor and Vocational Training Minister Heng Sour, who urged JICA to persist in developing human resources in these domains, a statement that JICA President Sanui Kazumasa agreed with.</p>
<p>ITC, a partner of JICA, produces approximately 3,700 undergraduate and graduate students specializing in science, technology, and engineering.</p>',
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	(int) 10 => array(
		'Articles' => array(
			'id' => '545686',
			'title' => 'Japan's JERA and Inpex to invest in separate U.S. ammonia projects',
			'description_old' => null,
			'description' => 'To bolster Japan's clean energy initiatives, two major Japanese energy companies, JERA and Inpex, are preparing to invest in separate projects in the United States that will produce ammonia for clean-burning power generation in Japan, Nikkei Asia reports. ',
			'credit_id' => '48',
			'image' => null,
			'image_caption' => null,
			'url' => 'japans-jera-and-inpex-to-invest-in-separate-us-ammonia-projects',
			'tags' => 'US, Japan, Investment, Green Energy',
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			'content' => '<p>To bolster Japan's clean energy initiatives, two major Japanese energy companies,<strong> JERA</strong> and <strong>Inpex</strong>, are preparing to invest in separate projects in the United States that will produce ammonia for clean-burning power generation in Japan, Nikkei Asia reports.</p>
<figure class="image-container floated-right" style="float: right;"><img class="align-right" src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-2-JERA-and-Inpex.jpg" alt="" />
<figcaption class="image-caption">Inpex President Takayuki Ueda</figcaption>
</figure>
<p><strong>JERA Global CEO and Chair Yukio Kani </strong>and<strong> Inpex President Takayuki Ueda</strong> confirmed the investments with local U.S. media at the CERAWeek 2024 energy industry conference held in Houston, Texas.</p>
<p>JERA, a joint venture between Tokyo Electric Power and Chubu Electric Power, announced its partnership with Oklahoma-based green energy company, Greenfield Energy. Together, they will build a facility in Louisiana to produce green ammonia using renewable energy sources.</p>
<p>Kani also confirmed to media that JERA will hire more people at its U.S. arm, aiming to expand the workforce by 30% after a year to around 250 employees.</p>
<p>On the other hand, Inpex, a leading oil and gas exploration and production company, is exploring opportunities in Texas to establish its own ammonia production facility.</p>
<p>According to Nikkei Asia, Inpex plans to produce 1.1 million tons of ammonia annually in Houston by 2027.</p>
<p>The investments by JERA and Inpex mark significant milestones in Japan's quest for cleaner energy alternatives.</p>',
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			'id' => '545687',
			'title' => 'Kishida visits North Carolina: Why is it groundbreaking?',
			'description_old' => null,
			'description' => 'To promote Japanese contribution to the United States' investment landscape, Prime Minister Fumio Kishida visited North Carolina in April to tour the site of Toyota Motor Corp.'s electric and hybrid battery plant in the city of Greensboro.',
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			'url' => 'kishidas-visits-north-carolina-why-is-it-groundbreaking',
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			'content' => '<p>To promote Japanese contribution to the United States&rsquo; investment landscape, <strong>Prime Minister Fumio Kishida</strong> visited North Carolina in April to tour the site of Toyota Motor Corp.&rsquo;s electric and hybrid battery plant in the city of Greensboro.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-2-Kishida-Visit-to-NC.jpg" alt="" />
<figcaption class="image-caption">Japanese Prime Minister Fumio Kishida (center) visits Toyota's EV battery plant being built in North Carolina. (Photo source: Nikkei Asia)</figcaption>
</figure>
<p>Kishida&rsquo;s visit marked a historic moment in U.S.-Japan relations because it was the first time since 1891 that a foreign head of state visited the governor&rsquo;s mansion and the first time in a decade that a Japanese prime minister visited the state.</p>
<p>&ldquo;I am honored to be here in North Carolina to showcase the multilayered and strong ties between the United States and Japan,&rdquo; Kishida told guests at the luncheon at the state governor&rsquo;s mansion. He also lauded North Carolina for being a state &ldquo;at the forefront of the times.&rdquo;</p>
<p>Japan remains North Carolina&rsquo;s largest foreign direct investor, employing over 30,000 people in over 200 Japanese companies.</p>
<p>According to the Environmental Defense Fund, North Carolina leads all U.S. states in electric vehicle (EV) investment, attracting over $19 billion in the past year. This is attributed to its world-class infrastructure, skilled workforce, and favorable local policies.</p>
<p>Capitalizing on that environment, Japanese automakers have expanded their EV production capacity in the state. Toyota invested an additional $8 billion in its Greensboro battery plant, raising its total capital investment to around $14 billion and generating more than 5,000 new jobs.</p>
<p>Chiaki Takagi, a Japanese studies lecturer at the University of North Carolina Greensboro, highlighted the significance of Kishida&rsquo;s visit: &ldquo;This whole thing will provide the area with opportunities to be engaged in very active cultural exchange between Japan and the U.S.&rdquo;</p>',
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			'title' => 'Renowned U.S. chip designer wants to end Nvidia's global dominance',
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			'description' => 'Tenstorrent CEO Jim Keller, who worked for Intel, AMD and Tesla, said in an interview with Nikkei Asia that he wants to lower the price of AI applications by designing chips that are more efficient than Nvidia's and, in the process, end the American giant's global market dominance.',
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			'content' => '<p><strong>Tenstorrent CEO Jim Keller</strong>, who worked for Intel, AMD and Tesla, said in an interview with Nikkei Asia that he wants to lower the price of AI applications by designing chips that are more efficient than Nvidia's and, in the process, end the American giant&rsquo;s global market dominance.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-13-Tenstorrent.jpg" alt="" />
<figcaption class="image-caption">Tenstorrent CEO Jim Keller (Photo source: Tenstorrent)</figcaption>
</figure>
<p>Headquartered in Toronto, Tenstorrent has offices in Austin, Texas and Santa Clara, California, as well as in Belgrade, Tokyo, Bangalore, and Seoul. The company claims to be developing AI processors that perform as efficiently as Nvidia's AI GPUs but at a lower cost.</p>
<p>At present, Nvidia is the global market leader when it comes to AI chips. Its AI accelerators command between 70% and 95% of the global market share, according to CNBC.</p>
<p>Keller also said in the interview that Tenstorrent hopes to sell its second-generation multipurpose AI chip by the end of this year.</p>
<p>According to Keller, Tenstorrent can achieve its objective because it does not use high-bandwidth memory (HBM), a popular type of advanced memory chip capable of transferring large amounts of data quickly. HBM is a vital component for generative AI chips and has played a significant role in the success of Nvidia's offerings.</p>
<p>But Keller pointed out that HBM was also one of the culprits behind the massive energy consumption and high prices of AI chips.</p>
<p>"Even the people that use HBM struggle with the cost of it, [and] the design time to build it,&rdquo; 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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			'id' => '545757',
			'title' => 'ITOCHU to take part in Taiwan's smart city project ',
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			'description' => 'Tokyo-based trading giant ITOCHU secured a contract to develop and test AI systems that will help run the transportation network and energy infrastructure of a future smart city project in southern Taiwan, according to a company press release.',
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			'content' => '<p>Tokyo-based trading giant <strong>ITOCHU</strong> secured a contract to develop and test AI systems that will help run the transportation network and energy infrastructure of a future smart city project in southern Taiwan, according to a company press release.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-13-ITOCHU-Taiwan.jpg" alt="" />
<figcaption class="image-caption">ITOCHU plans to roll out AI-powered buses for Taiwan's new smart city project in Tainan. (Photo source: Nikkei Asia)</figcaption>
</figure>
<p>ITOCHU outbid other parties interested in the Integrated Development Project for Shalun Smart Green Energy Science City located in Tainan. The early-stage contract, according to Nikkei Asia, is worth around $332,000 (10.8 million New Taiwan dollars).</p>
<p>According to ITOCHU, the goal is to test its AI systems on a trial basis by the end of October. This is the first time the trading house has officially participated in an overseas smart city project.</p>
<p>The Taiwanese government also announced plans to earmark an additional $306.9 million (or 10 billion NTD) to develop the country&rsquo;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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			'title' => 'Melexis opens its largest wafer testing site in Malaysia',
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			'description' => 'Belgium-based supplier of semiconductor solutions Melexis has opened its largest wafer testing site worldwide in Kuching in the Malaysian state of Sarawak to strengthen its presence in Asia-Pacific and meet the rising demand for semiconductors around the world, according to a company announcement.',
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			'content' => '<p>Belgium-based supplier of semiconductor solutions <strong>Melexis</strong> has opened its largest wafer testing site worldwide in Kuching in the Malaysian state of Sarawak to strengthen its presence in Asia-Pacific and meet the rising demand for semiconductors around the world, according to a company announcement.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-13-Melexis.jpg" alt="" />
<figcaption class="image-caption">Melexis' new 70 million-euro facility in Kuching is a nod to the local architectural design. (Photo source: Melexis)</figcaption>
</figure>
<p>Wafer testing is part of the manufacturing process wherein all individual integrated circuits are checked for functional defects through special test patterns.</p>
<p>According to Melexis, its expansion in Malaysia is a strategic move to streamline logistics and reduce its ecological footprint. Additionally, it selected Kuching because of its diverse, multilingual, entrepreneurial and highly skilled workforce.</p>
<p><strong>Melexis CEO Marc Biron </strong>said, &ldquo;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.&rdquo;</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&rsquo;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>&ldquo;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,&rdquo; <strong>Sarawak&rsquo;s Ministry of International Trade, Industry and Investment </strong>said in a statement<strong>.</strong></p>
<p>&ldquo;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,&rdquo; the statement also said.</p>',
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			'title' => 'ITOCHU invests in U.S. hydrogen aircraft engine maker ZeroAvia',
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			'description' => 'Japanese trading giant ITOCHU announced this month it had invested in ZeroAvia, a British-American maker of hydrogen-electric engines for aircraft, according to a company statement.',
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			'content' => '<p>Japanese trading giant <strong>ITOCHU</strong> announced this month it had invested in <strong>ZeroAvia</strong>, a British-American maker of hydrogen-electric engines for aircraft, according to a company statement.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-13-Itochu-ZeroAvia.jpg" alt="" />
<figcaption class="image-caption">An aircraft powered by ZeroAvia's hydrogen-electric engines (Photo source: ZeroAvia)</figcaption>
</figure>
<p>Founded in 2018, ZeroAvia describes itself as &ldquo;a team of passionate innovators dedicated to bringing safe, zero-emission flight to aviation.&rdquo; The company claims its hydrogen-electric propulsion systems are &ldquo;the most environmentally friendly and economically attractive solution to aviation&rsquo;s growing climate change impact.&rdquo;</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&rsquo;s long-term goal of helping save the planet by decarbonizing the aviation industry.</p>',
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			'title' => 'Virginia is named the best U.S. state for business',
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			'description' => 'For the third time in the last five years, Virginia was ranked America's Top State for Business in 2024 by CNBC, which cited the state for having the best public schools in the country. It grabbed the top spot in 2007, 2009, 2011, 2019, and 2021.',
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			'content' => '<p>For the third time in the last five years,<strong> Virginia</strong> was ranked America&rsquo;s Top State for Business in 2024 by CNBC, which cited the state for having the best public schools in the country. It grabbed the top spot in 2007, 2009, 2011, 2019, and 2021.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-13-Virginia.jpg" alt="" />
<figcaption class="image-caption">Fairfax County Economic Development Authority President and CEO Victor Hoskins (Photo source: Fairfax County Economic Development Authority)</figcaption>
</figure>
<p>&ldquo;Congratulations to Virginia on being named America&rsquo;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,&rdquo; 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&rsquo;s 10 categories this year, &ldquo;a rare feat,&rdquo; 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&rsquo;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&rsquo;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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			'description' => 'The U.S. subsidiary of Japanese group FANUC, one of the world's largest makers of industrial robots, has opened a $110 million facility in Michigan to store, sell and maintain made-in-Japan industrial robots for North American customers, according to a statement from FANUC America.',
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			'content' => '<p>The U.S. subsidiary of Japanese group <strong>FANUC</strong>, one of the world&rsquo;s largest makers of industrial robots, has opened a $110 million facility in Michigan to store, sell and maintain made-in-Japan industrial robots for North American customers, according to a statement from FANUC America.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-13-FANUC.jpg" alt="" />
<figcaption class="image-caption">Michigan Gov. Gretchen Whitmer (center) with senior officers of FANUC America at its West Campus. (Photo source: FANUC America)</figcaption>
</figure>
<p>The new 650,000-square-foot facility was inaugurated on July 10 and is located in FANUC America&rsquo;s West Campus in Auburn Hills, Michigan. The expansion increases the company&rsquo;s footprint in Michigan to over 2 million square feet and is part of FANUC America&rsquo;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,&rdquo; <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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			'title' => 'NY-based AI med tech startup raises $50 million',
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			'description' => 'K Health, a leading AI-driven primary care company that provides 24/7 virtual primary care solutions through its mobile app, announced this month that it had raised $50 million in funding led by Claure Group with participation from investors, including Pablo Legorreta (founder and CEO of Royalty Pharma) and Mangrove Capital Partners, Valor Equity Partners, and Atreides Management.',
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			'content' => '<p><strong>K Health</strong>, a leading AI-driven primary care company that provides 24/7 virtual primary care solutions through its mobile app, announced this month that it had raised $50 million in funding led by Claure Group with participation from investors, including Pablo Legorreta (founder and CEO of Royalty Pharma) and Mangrove Capital Partners, Valor Equity Partners, and Atreides Management.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-12-NYNJ-K-Health-Alan-Bloch.jpg" alt="" />
<figcaption class="image-caption">K Health founder and CEO Allon Bloch (Photo source: K Health)</figcaption>
</figure>
<p>K Health said in the same statement that it had been developing its own AI technology for more than seven years. Today, it can provide 24/7 virtual primary care solutions to millions of people in the United States.</p>
<p>The K Health platform includes clinical-grade medical chat and AI predictive models based on large datasets to help physicians optimize diagnosis and treatment and focus on patient care.</p>
<p>Instead of doctors taking patients through lengthy procedures and manually piecing together their medical history from electronic medical records, K Health allows healthcare providers to engage more quickly and closely with patients by giving them a complete medical chart with patient insights straight from the app.</p>
<p>According to K Health, this new model of care delivery achieves dramatically higher quality of care at lower costs compared to traditional primary care.</p>
<p>&ldquo;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,&rdquo; explained<strong> K Health founder and CEO Allon Bloch.</strong></p>
<p>&ldquo;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,&rdquo; 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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			'content' => '<p>Ontario-based multinational <strong>Lee Li Holdings (LLH)</strong> <strong>CEO Lee Q. Shim</strong> told <strong>Cambodian Prime Minister Hun Manet </strong>in a meeting at the capital Phnom Penh this month that his company was looking at investment opportunities in the country, including its automotive healthcare, gas and oil, food processing and logistics, automobiles, and exports accreditation sectors.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-12-CAMB-Li-Lee-Holdings.jpg" alt="" />
<figcaption class="image-caption">Cambodia Prime Minister Hun Manet (right) met with Lee Li Holdings President and CEO Lee Q. Shim (Ieft) in Phnom Penh this month. (Photo source: Office of the Prime Minister)</figcaption>
</figure>
<p>During the meeting, Manet pointed out that the <strong>Cambodia Chamber of Commerce</strong> had two representative offices in Canada (Toronto and Montreal) that promote bilateral trade and assist exporters and importers in their two countries.</p>
<p>&ldquo;Shim&rsquo;s visit will further contribute to the promotion of trade relations between Cambodia and Canada,&rdquo; 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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			'title' => 'Singapore's National University Hospital unveils trauma care center',
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			'description' => 'National University Hospital (NUH), the main teaching hospital of the country's top-ranking National University of Singapore, announced this month the opening of a center focused on providing trauma care to vulnerable groups, particularly children, older adults, and migrant workers.',
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			'content' => '<p><strong>National University Hospital (NUH)</strong>, the main teaching hospital of the country&rsquo;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>&ldquo;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,&rdquo; 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&rsquo;s only pediatric kidney and liver transplant program.</p>',
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		'title' => 'What Cambodia's honey industry can teach businesses ',
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		'description' => 'In 2021, Cambodia's government awarded its first geographic indication (GI) label for the wild honey harvested in Mondulkiri Province. The protected GI label, granted to local products with distinctive regional qualities, has elevated the profile of Cambodian honey on the global stage.',
		'credit_id' => '48',
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		'content' => '<p>Cambodia&rsquo;s honey industry has experienced steady growth in recent years. In 2021, the government awarded its first geographic indication (GI) label for the wild honey harvested in Mondulkiri Province. The protected GI label, granted to local products with distinctive regional qualities, has elevated the profile of Cambodian honey on the global stage.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-3-CAMB-Honey.jpg" alt="" />
<figcaption class="image-caption">Cambodia Honey Association Executive Director Sem Sreytouch</figcaption>
</figure>
<p>Although varieties like Modulkiri money have been harvested in Cambodia for centuries, efforts to streamline and formalize the industry&rsquo;s value chain are relatively recent and spearheaded by the Cambodia Honey Association (CHA), the main advocacy group representing the sector&rsquo;s stakeholders.</p>
<p>In an interview with GMI POST, CHA underscored the necessary steps to invigorate the industry while providing insight into navigating business in an emerging market landscape.&nbsp;</p>
<p><strong>&nbsp;</strong></p>
<p><span style="font-family: helvetica; font-size: 18pt;"><strong>Collaboration over competition </strong></span></p>
<p><strong>&nbsp;</strong></p>
<p><strong>CHA Executive Director Sem Sreytouch </strong>emphasizes the importance of shifting industry stakeholders&rsquo; mindset from competition to collaboration.</p>
<p>&ldquo;One of our main advocacies is to enact a change in mindset among Cambodian honey growers, apiaries, and other stakeholders in the value chain. A united front is required to elevate the overall standards of the Cambodian honey industry&rdquo; she said.</p>
<p><strong>&nbsp;</strong></p>
<p><span style="font-family: helvetica; font-size: 18pt;"><strong>Prioritize capacity building</strong></span></p>
<p><strong>&nbsp;</strong></p>
<p><strong>Peter Batt, Ph.D of Curtin University,</strong> also a fellow of the International Horticultural Congress, stressed the need for education and capacity-building at the grassroots level in emerging markets like Cambodia.</p>
<p>&ldquo;A key aspect of addressing challenges in Cambodia, particularly within the honey industry, was capacity building of smallholder farmers and empowering those farmers with basic and practical skills to help them grasp what it takes to thrive in trade,&rdquo; he said.</p>
<p><strong>&nbsp;</strong></p>
<p><span style="font-size: 1*pt;"><strong><span style="font-family: helvetica;">Explore untapped resources</span> </strong></span></p>
<p>&nbsp;</p>
<p>CHA also highlighted Cambodia's rich geographic diversity as a wellspring of untapped potential for future GI labels, such as honey from the lesser-known Tonle Sap Lake region. <strong>Dr. Try Yong</strong>, a beekeeping expert and an advisor to the Royal Ministry of Agriculture, underscored Cambodia&rsquo;s abundance of untapped honey collection areas in the rest of the country.</p>
<p>&ldquo;Regions like Tone Sap Lake and the western coasts offer promising opportunities. Despite the vast forests from which much of our honey originates, many areas lack GI certification, signaling significant untapped potential and future business opportunities for our kingdom,&rdquo; he said.</p>',
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			'id' => '545700',
			'title' => 'Japan's largest conveyor-belt sushi chain rolls out in the U.S.',
			'description_old' => null,
			'description' => 'Boston's Japanese food scene got more diverse with the opening in April of Sakabayashi Sushi Tavern, a subsidiary of Japan's largest conveyor-belt sushi chain, Sushiro. The restaurant is the first investment of its parent company, Food & Life Co., in the United States. ',
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			'url' => 'japans-largest-conveyor-belt-sushi-chain-rolls-out-in-the-us',
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			'content' => '<p>Boston&rsquo;s Japanese food scene got more diverse with the opening in April of Sakabayashi Sushi Tavern, a subsidiary of Japan&rsquo;s largest conveyor-belt sushi chain, Sushiro. The restaurant is the first investment of its parent company, <strong>Food &amp; Life Co.</strong>, in the United States.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-4-Sushiro.jpg" alt="" />
<figcaption class="image-caption">Food &amp; Life Companies USA President Yosuke Tanaka (Source: LinkedIn/Yosue Tanaka)</figcaption>
</figure>
<p>Sakabayashi retained the original restaurant&rsquo;s <em>izakaya </em>style of dining<em>, </em>wherein patrons can eat and drink in a casual setting. With menu items priced from under $10, the restaurant wants to attract a diverse crowd.</p>
<p>&ldquo;Ensuring affordability while providing an authentic Japanese experience to Americans is paramount. Eighty percent of our menu is recreated from Japan. Our raw ingredients are sourced from our global procurement chain,&rdquo; said <strong>Food &amp; Life Companies USA President Yosuke Tanaka.</strong></p>
<p>Although Sakabayashi Sushi Tavern is Food and Life&rsquo;s first foray in the country, the group has many years of international experience. With operations in eight countries, primarily in Asia, Food &amp; Life aims to generate $1.45 billion in overseas revenue by the end of the fiscal year 2026 by opening more conveyor-belt sushi restaurants in the United States.</p>
<p>&ldquo;Our priority is not limited to deploying our existing brand but also to discovering, developing, and expanding new brands and food-services formats through the reinforcement of our competitive advantages in ingredient development, procurement, and supply chain management,&rdquo; said <strong>Food &amp; Life Ltd. President and CEO Koichi Mizutome.</strong></p>
<p>Mizutome&rsquo;s confidence stems from the growing popularity of Japanese cuisine in the United States. In 2023, revenues of sushi restaurants in America grew by 4.5% and are expected to grow further, according to research firm IBIS World.</p>
<p>In the United States, ramen shops are also growing more popular as various Japanese chains, like Fukuoka and Ramen Santouka, plan to open more outlets across the country.</p>',
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			'title' => 'Impostor Syndrome and The Incomplete Leader',
			'description_old' => null,
			'description' => 'Now that everyone's details, accomplishments, and track record are easily fact-checked and reviewed on the internet, there has been a rise in the number of anxiety-riddled executives. The same tool used for work productivity has also been a source of consternation.',
			'credit_id' => '48',
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			'url' => 'impostor-syndrome-and-the-incomplete-leader',
			'tags' => 'Leadership, Management, Impostor Syndrome',
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			'content' => '<p>The notion that &ldquo;leaders have to be flawless&rdquo; is starting to disappear. Access to unlimited information, a.k.a. the Internet, should have changed this perception ages ago.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-3-SG-Impostor-Syndrome.jpg" alt="" />
<figcaption class="image-caption">The workplace has evolved to become a more forgiving place for its leaders. (Illustration by Lianne Dominguez)</figcaption>
</figure>
<p>But now that everyone&rsquo;s details, accomplishments, and track record are easily fact-checked and reviewed on the internet, there has been a rise in the number of anxiety-riddled executives. The same tool used for work productivity has also been a source of consternation.</p>
<p>The pressure to have intellectual and interpersonal superiority is at an all-time high. According to the National Library of Medicine, impostor syndrome (IS) is a behavioral health phenomenon described as self-doubt of intellect, skills, or accomplishments among high-achieving individuals. Yes! The seemingly poised manager could be a fa&ccedil;ade.</p>
<p>Despite the tremendous pressure for perfection, an article in Harvard Business Review offers a solution to ease some caffeine-stimulated corporate minds. The authors, in praise of &ldquo;The Incomplete Leader,&rdquo; recommend embracing imperfections to strengthen one&rsquo;s leadership abilities. It also said that organizations were evolving to become more collaborative than hierarchical.</p>
<p>Decisions should often be made in the context of the open economy, therefore as no senior executive has a monopoly on knowledge. The overarching theme was that: Leaders should determine the right colleague to handle areas of their perceived weaknesses.&nbsp;</p>
<p>In fact, four leadership capabilities are developed during this process: sense-making, relating, visioning, and inventing.</p>
<p>Arguably, many teams have adopted the practice of &ldquo;excellence&rdquo; over &ldquo;perfection&rdquo;. The culture of excellence, while forgiving mistakes and considering personal limitations, does not absolve leaders and team members from giving their best.</p>
<p>Accepting the new demands and realities of a hybrid workplace, especially for leaders, will empower and not overwhelm the incomplete leader.</p>',
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			'title' => 'Brewing success: How leadership catapulted Paradox Brewery to new heights',
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			'description' => 'Paradox Brewery President and founder Paul Mrocka is widely credited for driving the New York-based to new levels of success through strategic planning, data-driven decision-making, and effective international partnerships.',
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			'content' => '<p><strong>Paradox Brewery President and founder Paul Mrocka </strong>is widely credited for driving the New York-based to new levels of success through strategic planning, data-driven decision-making, and effective international partnerships.</p>
<p>According to Mrocka, data isn't just numbers at Paradox Brewery. It's a roadmap to success.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-3-NYNJ-Paradox-Brewery.jpg" alt="" />
<figcaption class="image-caption">Paradox Brewery President and founder Paul Mrocka</figcaption>
</figure>
<p>In an interview with GMI POST, Mrocka emphasized their reliance on Information Resources, Inc. (IRI) data to understand market trends, consumer preferences, and competitor strategies.</p>
<p>&ldquo;We're very competitive in our prices and a data-driven company. We tell stories with this data that we buy. And we use that data to go to the buyer and talk to them about it,&rdquo; he said.</p>
<p>By leveraging IRI&rsquo;s data, Paradox Brewery gains insights that shape its marketing strategies and product development, ensuring it stays ahead in the fiercely competitive craft beer market.</p>
<p>Paradox Brewery isn't afraid to think big either. </p>
<p>&ldquo;You have to put the time in. You have to show up and get face-to-face with these people because there has to be a degree of comfort on both sides of the arrangement to buy beer from the other side of the planet,&rdquo;<strong> Director of Operations Devon Hamilton </strong>said about plans to expand globally.</p>
<p>By nurturing strong relationships with international partners, Paradox Brewery secures distribution channels and builds a global brand presence, Hamilton also said.</p>
<p>For Paradox Brewery, success isn't just about reacting to market trends but about anticipating and shaping them. Through constant planning and adaptation, the company stays at the forefront of innovation, offering a diverse and appealing portfolio to its customers.</p>
<p>&ldquo;We all sit down, talk about what did well last year, what we think we should bring back for next year, what the upcoming trends are, and argue about what our portfolio will be,&rdquo; Hamilton said.</p>
<p>As Paradox Brewery expands both domestically and internationally, the skills and dedication of its leaders will ensure the New York brand remains a beloved brand in the craft beer industry.</p>',
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			'title' => 'What Cambodia's honey industry can teach businesses ',
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			'description' => 'In 2021, Cambodia's government awarded its first geographic indication (GI) label for the wild honey harvested in Mondulkiri Province. The protected GI label, granted to local products with distinctive regional qualities, has elevated the profile of Cambodian honey on the global stage.',
			'credit_id' => '48',
			'image' => null,
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			'url' => 'what-cambodias-honey-industry-can-teach-businesses',
			'tags' => 'Cambodia, Leadership, Management, Agriculture, Honey',
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			'content' => '<p>Cambodia&rsquo;s honey industry has experienced steady growth in recent years. In 2021, the government awarded its first geographic indication (GI) label for the wild honey harvested in Mondulkiri Province. The protected GI label, granted to local products with distinctive regional qualities, has elevated the profile of Cambodian honey on the global stage.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-3-CAMB-Honey.jpg" alt="" />
<figcaption class="image-caption">Cambodia Honey Association Executive Director Sem Sreytouch</figcaption>
</figure>
<p>Although varieties like Modulkiri money have been harvested in Cambodia for centuries, efforts to streamline and formalize the industry&rsquo;s value chain are relatively recent and spearheaded by the Cambodia Honey Association (CHA), the main advocacy group representing the sector&rsquo;s stakeholders.</p>
<p>In an interview with GMI POST, CHA underscored the necessary steps to invigorate the industry while providing insight into navigating business in an emerging market landscape.&nbsp;</p>
<p><strong>&nbsp;</strong></p>
<p><span style="font-family: helvetica; font-size: 18pt;"><strong>Collaboration over competition </strong></span></p>
<p><strong>&nbsp;</strong></p>
<p><strong>CHA Executive Director Sem Sreytouch </strong>emphasizes the importance of shifting industry stakeholders&rsquo; mindset from competition to collaboration.</p>
<p>&ldquo;One of our main advocacies is to enact a change in mindset among Cambodian honey growers, apiaries, and other stakeholders in the value chain. A united front is required to elevate the overall standards of the Cambodian honey industry&rdquo; she said.</p>
<p><strong>&nbsp;</strong></p>
<p><span style="font-family: helvetica; font-size: 18pt;"><strong>Prioritize capacity building</strong></span></p>
<p><strong>&nbsp;</strong></p>
<p><strong>Peter Batt, Ph.D of Curtin University,</strong> also a fellow of the International Horticultural Congress, stressed the need for education and capacity-building at the grassroots level in emerging markets like Cambodia.</p>
<p>&ldquo;A key aspect of addressing challenges in Cambodia, particularly within the honey industry, was capacity building of smallholder farmers and empowering those farmers with basic and practical skills to help them grasp what it takes to thrive in trade,&rdquo; he said.</p>
<p><strong>&nbsp;</strong></p>
<p><span style="font-size: 1*pt;"><strong><span style="font-family: helvetica;">Explore untapped resources</span> </strong></span></p>
<p>&nbsp;</p>
<p>CHA also highlighted Cambodia's rich geographic diversity as a wellspring of untapped potential for future GI labels, such as honey from the lesser-known Tonle Sap Lake region. <strong>Dr. Try Yong</strong>, a beekeeping expert and an advisor to the Royal Ministry of Agriculture, underscored Cambodia&rsquo;s abundance of untapped honey collection areas in the rest of the country.</p>
<p>&ldquo;Regions like Tone Sap Lake and the western coasts offer promising opportunities. Despite the vast forests from which much of our honey originates, many areas lack GI certification, signaling significant untapped potential and future business opportunities for our kingdom,&rdquo; he said.</p>',
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			'id' => '545692',
			'title' => 'Wisconsin to give multimillion tax incentive to Kikkoman for new expansion',
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			'description' => 'Kikkoman Foods Inc. has broken ground for its third manufacturing plant in Jefferson County and an expansion to its existing plant in neighboring Walworth County, Wisconsin. To support this fresh investment, the Wisconsin Economic Development Corp. (WEDC) plans to provide the Japanese soy sauce maker up to $15.5 million in performance-based tax credits.',
			'credit_id' => '48',
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			'url' => 'wisconsin-to-give-multimillion-tax-incentive-to-kikkoman-for-new-expansion',
			'tags' => 'US, Japan, Wisconsin, Economic Development, Food',
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			'content' => '<p>Kikkoman Foods Inc. has broken ground for its third manufacturing plant in Jefferson County and an expansion to its existing plant in neighboring Walworth County, Wisconsin. To support this fresh investment, the <strong>Wisconsin Economic Development Corp. (WEDC)</strong> plans to provide the Japanese soy sauce maker up to $15.5 million in performance-based tax credits.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-3-Kikkoman-Wisconsin.jpg" alt="" />
<figcaption class="image-caption">Wisconsin Economic Development Corporation CEO and Secretary Missy Hughes (Source: Milwaukee Business Journal)</figcaption>
</figure>
<p>Kikkoman&rsquo;s expansion in Wisconsin will inject $800 million into the state&rsquo;s economy and create 83 new jobs over the next decade. The Walworth facility, opened in 1973, is the company&rsquo;s highest-producing soy sauce factory globally.</p>
<p>Meanwhile, the plant in Jefferson City is scheduled to start operations in 2026 and will focus on soy sauce-related products, like teriyaki sauce. Aside from enhancing efficiency and scalability, the facility will bolster Kikkoman&rsquo;s sustainability efforts by using renewable energy sources and equipment with lower CO2 emissions.</p>
<p><strong>WEDC Secretary and CEO Missy Hughes</strong> welcomed the announcement: &ldquo;Fifty years ago, Kikkoman made history by choosing Walworth, Wisconsin for its first international brewing plant. Now, by expanding its presence in Jefferson, Kikkoman is opening a new chapter in its history.&rdquo;</p>
<p><strong>Jefferson City Mayor Dale Oppermann</strong> expressed appreciation for Kikkoman&rsquo;s continued trust in the region: &ldquo;Kikkoman&rsquo;s decision to invest in Jefferson underscores the strength and appeal of our local food and beverage niche. We look forward to a long, prosperous partnership.&rdquo;</p>
<p>Meanwhile, <strong>Kikkoman Chair and honorary CEO Yuzauro Mogi </strong>said the company&rsquo;s choice of Wisconsin was rooted in several factors, among them its location, which provided convenient market access, as well as its skilled workforce, easy availability of raw materials, an abundance of clean water, the collaborative spirit of the local community.</p>
<p>&ldquo;We look forward to expanding our footprints in Wisconsin and establishing a supply chain with increased stability in North America,&rdquo; he also said.</p>
<p>Over the past five decades, Kikkoman has transformed rural Wisconsin through partnerships with the local community, donating more than $17 million to charitable organizations.</p>
<p>As one of the first production facilities set up by a Japanese company in the United States, the Walworth plant is seen as a valuable symbol of the close business and cultural partnership between the two countries.</p>
<p>&ldquo;Whether it&rsquo;s providing thousands of jobs, bolstering our economy or providing us and the world with phenomenal soy sauce, Kikkoman is doing good work across Wisconsin and the country. I am grateful for their continued partnership and expansion in Wisconsin,&rdquo; said <strong>Gov. Tony Evers</strong>.</p>',
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			'title' => 'New York wants more Japanese chipmakers in the state',
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			'description' => 'Empire State Development (ESD), the umbrella organization for New York's two main economic development corporations, wants more Japanese chip industry suppliers to open operations in the state to support the upcoming manufacturing facilities of Micron Technology, the world's fourth-largest semiconductor company.',
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			'content' => '<p><strong>Empire State Development (ESD)</strong>, the umbrella organization for New York's two main economic development corporations, wants more Japanese chip industry suppliers to open operations in the state to support the upcoming manufacturing facilities of Micron Technology, the world&rsquo;s fourth-largest semiconductor company.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-3-Micron-NY.jpg" alt="" />
<figcaption class="image-caption">Empire State Development President Hope Knight (Source: Empire State Development)</figcaption>
</figure>
<p>&ldquo;Last year, we were able to attract Micron to central New York. With the large investment that Micron is making, $100 billion, we know that we have to build an ecosystem to support that activity. That's why we're here on this mission: to talk to Japanese firms, some of Micron's suppliers, to come and locate in New York,&rdquo; <strong>ESD President Hope Knight</strong> told Nikkei Asia.</p>
<p>While Knight did not name the companies she spoke to during her visit to Japan, she mentioned that some were &ldquo;very excited about the possibility&rdquo; of investing in the state.</p>
<p>Micron, the only memory and storage manufacturer in the United States, has announced plans to build a $100 billion &ldquo;mega fab,&rdquo; which will employ more than 9,000 people, near Syracuse in upstate New York.</p>
<p>Even before the CHIPS and Science Act became federal law in 2022, New York had unveiled its $10 billion program, called Green CHIPS, which offered tax incentives to chip manufacturers. Participants of Green CHIPS can benefit from zero corporate income tax rates and receive tax credits based on their capital spending and research and development expenditures.</p>
<p>&ldquo;We customize a package for you,&rdquo; said Knight, who emphasized that incentives are tailored based on various factors, like the number of jobs created and size of investment.</p>
<p>The ESD president highlighted the importance of bringing back chip manufacturing to the United States, citing national security concerns and geopolitical trends, and underscored New York's manufacturing legacy and its readiness to revive its manufacturing sector.</p>
<p>New York has prioritized chip manufacturing as a key industry for economic growth. Apart from IBM, 75 other semiconductor-related companies have made new investments in the state. And since the introduction of Green CHIPS, total investments have reached $112 billion.</p>
<p>On concerns surrounding the high cost of living and labor costs associated with New York City, Knight said that cities in upstate New York, such as Albany, Syracuse, Rochester and Buffalo, offer affordability and have cheaper sources of clean power.</p>
<p>As head of ESD, Knight works closely with Gov. Kathy Hochul in developing the state economy through various measures like financing, subsidies, and tax breaks. As of 2022, ESD has been involved in at least 190 projects.</p>',
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			'id' => '545694',
			'title' => 'Toyota unveils $1.4 billion investment in Indiana to make more electric vehicles',
			'description_old' => null,
			'description' => 'Toyota, the world's largest automaker, has announced a $1.4 billion expansion of its factory in the U.S. state of Indiana to produce electric vehicles (EVs) starting in 2026. With the new expansion, Toyota Motor Manufacturing Indiana will become the company's second EV production facility in the United States.',
			'credit_id' => '48',
			'image' => null,
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			'url' => 'toyota-unveils-14-billion-investment-in-indiana-to-make-more-electric-vehicles',
			'tags' => 'US, Japan, Indiana, Electric Vehicles',
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			'content' => '<p>Toyota, the world&rsquo;s largest automaker, has announced a $1.4 billion expansion of its factory in the U.S. state of Indiana to produce electric vehicles (EVs) starting in 2026. With the new expansion, Toyota Motor Manufacturing Indiana will become the company&rsquo;s second EV production facility in the United States.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-3-Toyota-EVs.jpg" alt="" />
<figcaption class="image-caption">Toyota Motor Manufacturing Indiana President Tim Hollander (Source: PR Newswire)</figcaption>
</figure>
<p>According to Nikkei Asia, the investment will create 340 new high-quality jobs and increase the company&rsquo;s total number of employees in Indiana to around 8,000. The expansion also raises</p>
<p>Toyota&rsquo;s total investment in the state to $8 billion, Green Car Congress reported. <br /><br />Toyota&rsquo;s decision to increase EV production comes amid a surge in demand for its hybrid models, said CBT News.</p>
<p>In April, Toyota reported record annual sales for the fiscal year ending in March, surpassing the 10 million-unit mark for the first time. Its hybrid models have played a major role in growing the company&rsquo;s market share over the past year.</p>
<p>Toyota&rsquo;s only other EV factory in the United States is in Kentucky. The facility Georgetown is due to begin operations next year.</p>
<p>"Since 2021, Toyota has announced new investments totaling $18.6 billion into its U.S. manufacturing operations to support electrification efforts," the company said.</p>',
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			'id' => '545689',
			'title' => 'Singapore: A fertile ground for Edtech ',
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			'description' => 'Globally, education technology (Edtech) is a rapidly growing sector. According to Precision Report's EdTech Market Research Report 2024, the global Edtech market size was valued at $115 billion in 2021 and is expected to reach $467 billion by 2027. ',
			'credit_id' => '48',
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			'url' => 'singapore-a-fertile-ground-for-edtech',
			'tags' => 'Japan, Singapore, Education',
			'is_rss' => false,
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			'content' => '<p>Globally, education technology (Edtech) is a rapidly growing sector. According to Precision Report&rsquo;s EdTech Market Research Report 2024, the global Edtech market size was valued at $115 billion in 2021 and is expected to reach $467 billion by 2027.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-2-SG-Education.jpg" alt="" />
<figcaption class="image-caption">Starting them young: Singapore's education system has gained admiration from around the world.</figcaption>
</figure>
<p>Singapore has stood out as one of the most fertile grounds for the sector&rsquo;s growth. The origins of Singapore&rsquo;s thriving Edtech sector can be traced back to 2014, when the country&rsquo;s national government enacted its Smart Nation initiative, which required schools to incorporate innovation and technology in the daily lives of Singaporean families.</p>
<p>According to UNESCO, the challenge for schools was to create meaningful learning experiences that reflected such integration, which meant that highly qualified faculty must constantly be engaged in research and innovation. Otherwise, how can one teach about advancements while experiencing none?</p>
<p>Since the enactment of the Smart Nation initiative, there have been more than 790 Edtech startups launched in Singapore. Today, the government continues to invest heavily in training its future labor pool. <br /><br />Aside from encouraging life-long learning, the city-state&rsquo;s government has also rolled out other initiatives to boost the growth of Edtech in Singapore, like an ICT masterplan, infrastructure upgrades, accelerator programs, increased connectivity in schools, and access to learning resources and opportunities for collaborations for schools and startups.</p>
<p>Those looking to start or invest in an Edtech venture will reap many benefits by betting on Singapore.</p>',
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			'title' => 'Columbia University seeks closer partnerships with Japan ',
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			'description' => 'The Japan Study Student Association at Columbia University's School of International and Public Affairs organized a visit to Japan in March to allow some of its members to learn more about the country's government, people, culture, and food.',
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			'content' => '<p>The Japan Study Student Association at <strong>Columbia University&rsquo;s School of International and Public Affairs </strong>organized a visit to Japan in March to allow some of its members to learn more about the country&rsquo;s government, people, culture, and food.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-2-NYNJ-JASSA-Education.jpg" alt="" />
<figcaption class="image-caption">JASSA representatives during their Japan trip</figcaption>
</figure>
<p>&ldquo;The Japan trip was a phenomenal opportunity not only from a career development perspective but also from a personal development perspective,&rdquo; JASSA Representative Daniel Alvarez said in an article posted on SIPA&rsquo;s website.</p>
<p>&ldquo;Speaking with top politicians, participating in cultural ceremonies, learning about critical events in Japan&rsquo;s history, experiencing the excellent cuisine, and enjoying the nightlife with new friends made for a very well-rounded trip and once-in-a-lifetime experience,&rdquo; Alvarez added.</p>
<p>For SIPA students who want to join future Japan trips, Alvarez encouraged fellow members to attend upcoming JASSA events so they can express their interest to the organizers. The trip was just one of many events of SIPA to bolster U.S.-Japan cooperation.</p>
<p>In June 2023<strong>, SIPA Dean Keren Yarhi-Milo</strong> visited the University of Tokyo's Graduate School of Public Policy, a fellow member of the Global Public Policy Network, where she held pivotal discussions to enhance cross-cultural exchange. <br /><br />In interviews with local media, including Nikkei Asia and TV Tokyo, Yarhi-Milo highlighted SIPA's commitment to integrating Japanese perspectives within its academic community.</p>
<p>&ldquo;We want our students and our faculty to be involved and engaged with Japan,&rdquo; said Yarhi-Milo as she recognized the country&rsquo;s significant economic and strategic influence in East Asia.</p>',
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			'id' => '545691',
			'title' => '3 reasons Japan-Cambodia education partnerships are thriving',
			'description_old' => null,
			'description' => 'As Cambodia and Japan commemorate 70 years of diplomatic relations, the two nations look forward to a new era in their partnership as they seek fresh fields of collaboration. More and more Japanese recognize Cambodia's untapped potential and hope to play a role in the development of its population.',
			'credit_id' => '48',
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			'url' => '3-reasons-japan-cambodia-education-partnerships-are-thriving',
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			'content' => '<p>As Cambodia and Japan commemorate 70 years of diplomatic relations, the two nations look forward to a new era in their partnership as they seek fresh fields of collaboration. More and more Japanese recognize Cambodia&rsquo;s untapped potential and hope to play a role in the development of its population.</p>
<p>For instance, the increased prominence of the <strong>Institute of Technology of Cambodia </strong>among the expatriate population reveals three key reasons Cambodia&rsquo;s educational landscape has attracted the attention of the Japanese community.</p>
<p>&nbsp;</p>
<p><span style="font-family: helvetica; font-size: 16pt;"><strong>The population is young, growing and mobile</strong></span></p>
<p>&nbsp;</p>
<p>CiteSeerX reports that nearly 70% of Cambodians are 29-years old and younger. <br /><br />&ldquo;Among Cambodia&rsquo;s younger generation, the literacy rate is reported to be quite high because of increasing opportunities for education. The gender gap among young adults is not so substantial, although some age group differences exist,&rdquo; Japan International Cooperation Agency said in its 2023 Country Study.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-2-CAMB-Japan-Education.jpg" alt="" />
<figcaption class="image-caption">Institute of Technology of Cambodia Rector Dr. Po Kimtho (left) and Kanazawa University President Takashi Wada (right)</figcaption>
</figure>
<p>&ldquo;This implies that very well-targeted literacy education by age, sex, geography, time of the class, and contents of the class will likely bring about significant domestic and foreign partnerships in Cambodia&rsquo;s education sector,&rdquo; the study added.An example of such a partnership is that between ITC and Panasonic Cambodia. ITC is one of only two institutions in the kingdom to receive scholarships from Panasonic Cambodia, the local subsidiary of Japanese tech giant Panasonic Group. Panasonic Cambodia Country Head Yosunoby Matsumoto said the initiative will be a means to &ldquo;maximize workforce potential, fostering growth, and nurturing the next generation of leaders.&rdquo;</p>
<p>According to Matsumoto, Panasonic Cambodia recognizes the talented local science and technology students and continues to invest in their capacity building to develop the next generation of technology business leaders that will allow them to participate in a global economy.</p>
<p><strong>&nbsp;</strong></p>
<p><span style="font-size: 16pt;"><strong><span style="font-family: helvetica;">It is open to international collaboration</span> </strong></span></p>
<p>&nbsp;</p>
<p>Cambodia is home to more than 128 higher education institutions, at least 45 of which (including ITC) have active international partnerships with universities and organizations abroad. ITC&rsquo;s outreach activities have helped position itself as an ideal partner for Japanese ventures.</p>
<p>Last year, the deputy director of ITC, along with six other academic delegates, visited the Tokyo Institute of Technology (Tokyo Tech), to partake in the training course &ldquo;Project for Strengthening Engineering Education and Research for Industrial Development in Cambodia,&rdquo; organized by JICA.</p>
<p>Subsequently, JICA formalized an agreement with ITC to strengthen engineering education and research in industrial development in Cambodia</p>
<p>&nbsp;</p>
<p><span style="font-family: helvetica; font-size: 16pt;"><strong>A growing vocationally and technically proficient workforce</strong></span></p>
<p>&nbsp;</p>
<p>&ldquo;Strengthening technical and vocational training is pivotal to attracting Japanese investment in Cambodia,&rdquo; said Labor and Vocational Training Minister Heng Sour, who urged JICA to persist in developing human resources in these domains, a statement that JICA President Sanui Kazumasa agreed with.</p>
<p>ITC, a partner of JICA, produces approximately 3,700 undergraduate and graduate students specializing in science, technology, and engineering.</p>',
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			'id' => '545686',
			'title' => 'Japan's JERA and Inpex to invest in separate U.S. ammonia projects',
			'description_old' => null,
			'description' => 'To bolster Japan's clean energy initiatives, two major Japanese energy companies, JERA and Inpex, are preparing to invest in separate projects in the United States that will produce ammonia for clean-burning power generation in Japan, Nikkei Asia reports. ',
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			'url' => 'japans-jera-and-inpex-to-invest-in-separate-us-ammonia-projects',
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			'content' => '<p>To bolster Japan's clean energy initiatives, two major Japanese energy companies,<strong> JERA</strong> and <strong>Inpex</strong>, are preparing to invest in separate projects in the United States that will produce ammonia for clean-burning power generation in Japan, Nikkei Asia reports.</p>
<figure class="image-container floated-right" style="float: right;"><img class="align-right" src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-2-JERA-and-Inpex.jpg" alt="" />
<figcaption class="image-caption">Inpex President Takayuki Ueda</figcaption>
</figure>
<p><strong>JERA Global CEO and Chair Yukio Kani </strong>and<strong> Inpex President Takayuki Ueda</strong> confirmed the investments with local U.S. media at the CERAWeek 2024 energy industry conference held in Houston, Texas.</p>
<p>JERA, a joint venture between Tokyo Electric Power and Chubu Electric Power, announced its partnership with Oklahoma-based green energy company, Greenfield Energy. Together, they will build a facility in Louisiana to produce green ammonia using renewable energy sources.</p>
<p>Kani also confirmed to media that JERA will hire more people at its U.S. arm, aiming to expand the workforce by 30% after a year to around 250 employees.</p>
<p>On the other hand, Inpex, a leading oil and gas exploration and production company, is exploring opportunities in Texas to establish its own ammonia production facility.</p>
<p>According to Nikkei Asia, Inpex plans to produce 1.1 million tons of ammonia annually in Houston by 2027.</p>
<p>The investments by JERA and Inpex mark significant milestones in Japan's quest for cleaner energy alternatives.</p>',
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			'title' => 'Kishida visits North Carolina: Why is it groundbreaking?',
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			'description' => 'To promote Japanese contribution to the United States' investment landscape, Prime Minister Fumio Kishida visited North Carolina in April to tour the site of Toyota Motor Corp.'s electric and hybrid battery plant in the city of Greensboro.',
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			'content' => '<p>To promote Japanese contribution to the United States&rsquo; investment landscape, <strong>Prime Minister Fumio Kishida</strong> visited North Carolina in April to tour the site of Toyota Motor Corp.&rsquo;s electric and hybrid battery plant in the city of Greensboro.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-2-Kishida-Visit-to-NC.jpg" alt="" />
<figcaption class="image-caption">Japanese Prime Minister Fumio Kishida (center) visits Toyota's EV battery plant being built in North Carolina. (Photo source: Nikkei Asia)</figcaption>
</figure>
<p>Kishida&rsquo;s visit marked a historic moment in U.S.-Japan relations because it was the first time since 1891 that a foreign head of state visited the governor&rsquo;s mansion and the first time in a decade that a Japanese prime minister visited the state.</p>
<p>&ldquo;I am honored to be here in North Carolina to showcase the multilayered and strong ties between the United States and Japan,&rdquo; Kishida told guests at the luncheon at the state governor&rsquo;s mansion. He also lauded North Carolina for being a state &ldquo;at the forefront of the times.&rdquo;</p>
<p>Japan remains North Carolina&rsquo;s largest foreign direct investor, employing over 30,000 people in over 200 Japanese companies.</p>
<p>According to the Environmental Defense Fund, North Carolina leads all U.S. states in electric vehicle (EV) investment, attracting over $19 billion in the past year. This is attributed to its world-class infrastructure, skilled workforce, and favorable local policies.</p>
<p>Capitalizing on that environment, Japanese automakers have expanded their EV production capacity in the state. Toyota invested an additional $8 billion in its Greensboro battery plant, raising its total capital investment to around $14 billion and generating more than 5,000 new jobs.</p>
<p>Chiaki Takagi, a Japanese studies lecturer at the University of North Carolina Greensboro, highlighted the significance of Kishida&rsquo;s visit: &ldquo;This whole thing will provide the area with opportunities to be engaged in very active cultural exchange between Japan and the U.S.&rdquo;</p>',
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			'title' => 'Renowned U.S. chip designer wants to end Nvidia's global dominance',
			'description_old' => null,
			'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&rsquo;s global market dominance.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-13-Tenstorrent.jpg" alt="" />
<figcaption class="image-caption">Tenstorrent CEO Jim Keller (Photo source: Tenstorrent)</figcaption>
</figure>
<p>Headquartered in Toronto, Tenstorrent has offices in Austin, Texas and Santa Clara, California, as well as in Belgrade, Tokyo, Bangalore, and Seoul. The company claims to be developing AI processors that perform as efficiently as Nvidia's AI GPUs but at a lower cost.</p>
<p>At present, Nvidia is the global market leader when it comes to AI chips. Its AI accelerators command between 70% and 95% of the global market share, according to CNBC.</p>
<p>Keller also said in the interview that Tenstorrent hopes to sell its second-generation multipurpose AI chip by the end of this year.</p>
<p>According to Keller, Tenstorrent can achieve its objective because it does not use high-bandwidth memory (HBM), a popular type of advanced memory chip capable of transferring large amounts of data quickly. HBM is a vital component for generative AI chips and has played a significant role in the success of Nvidia's offerings.</p>
<p>But Keller pointed out that HBM was also one of the culprits behind the massive energy consumption and high prices of AI chips.</p>
<p>"Even the people that use HBM struggle with the cost of it, [and] the design time to build it,&rdquo; 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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			'title' => 'ITOCHU to take part in Taiwan's smart city project ',
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			'description' => 'Tokyo-based trading giant ITOCHU secured a contract to develop and test AI systems that will help run the transportation network and energy infrastructure of a future smart city project in southern Taiwan, according to a company press release.',
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			'content' => '<p>Tokyo-based trading giant <strong>ITOCHU</strong> secured a contract to develop and test AI systems that will help run the transportation network and energy infrastructure of a future smart city project in southern Taiwan, according to a company press release.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-13-ITOCHU-Taiwan.jpg" alt="" />
<figcaption class="image-caption">ITOCHU plans to roll out AI-powered buses for Taiwan's new smart city project in Tainan. (Photo source: Nikkei Asia)</figcaption>
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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&rsquo;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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			'title' => 'Melexis opens its largest wafer testing site in Malaysia',
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			'description' => 'Belgium-based supplier of semiconductor solutions Melexis has opened its largest wafer testing site worldwide in Kuching in the Malaysian state of Sarawak to strengthen its presence in Asia-Pacific and meet the rising demand for semiconductors around the world, according to a company announcement.',
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			'content' => '<p>Belgium-based supplier of semiconductor solutions <strong>Melexis</strong> has opened its largest wafer testing site worldwide in Kuching in the Malaysian state of Sarawak to strengthen its presence in Asia-Pacific and meet the rising demand for semiconductors around the world, according to a company announcement.</p>
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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>
</figure>
<p>Wafer testing is part of the manufacturing process wherein all individual integrated circuits are checked for functional defects through special test patterns.</p>
<p>According to Melexis, its expansion in Malaysia is a strategic move to streamline logistics and reduce its ecological footprint. Additionally, it selected Kuching because of its diverse, multilingual, entrepreneurial and highly skilled workforce.</p>
<p><strong>Melexis CEO Marc Biron </strong>said, &ldquo;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.&rdquo;</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&rsquo;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>&ldquo;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,&rdquo; <strong>Sarawak&rsquo;s Ministry of International Trade, Industry and Investment </strong>said in a statement<strong>.</strong></p>
<p>&ldquo;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,&rdquo; the statement also said.</p>',
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			'title' => 'ITOCHU invests in U.S. hydrogen aircraft engine maker ZeroAvia',
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			'description' => 'Japanese trading giant ITOCHU announced this month it had invested in ZeroAvia, a British-American maker of hydrogen-electric engines for aircraft, according to a company statement.',
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			'content' => '<p>Japanese trading giant <strong>ITOCHU</strong> announced this month it had invested in <strong>ZeroAvia</strong>, a British-American maker of hydrogen-electric engines for aircraft, according to a company statement.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-13-Itochu-ZeroAvia.jpg" alt="" />
<figcaption class="image-caption">An aircraft powered by ZeroAvia's hydrogen-electric engines (Photo source: ZeroAvia)</figcaption>
</figure>
<p>Founded in 2018, ZeroAvia describes itself as &ldquo;a team of passionate innovators dedicated to bringing safe, zero-emission flight to aviation.&rdquo; The company claims its hydrogen-electric propulsion systems are &ldquo;the most environmentally friendly and economically attractive solution to aviation&rsquo;s growing climate change impact.&rdquo;</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&rsquo;s long-term goal of helping save the planet by decarbonizing the aviation industry.</p>',
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			'title' => 'Virginia is named the best U.S. state for business',
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			'description' => 'For the third time in the last five years, Virginia was ranked America's Top State for Business in 2024 by CNBC, which cited the state for having the best public schools in the country. It grabbed the top spot in 2007, 2009, 2011, 2019, and 2021.',
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			'content' => '<p>For the third time in the last five years,<strong> Virginia</strong> was ranked America&rsquo;s Top State for Business in 2024 by CNBC, which cited the state for having the best public schools in the country. It grabbed the top spot in 2007, 2009, 2011, 2019, and 2021.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-13-Virginia.jpg" alt="" />
<figcaption class="image-caption">Fairfax County Economic Development Authority President and CEO Victor Hoskins (Photo source: Fairfax County Economic Development Authority)</figcaption>
</figure>
<p>&ldquo;Congratulations to Virginia on being named America&rsquo;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,&rdquo; 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&rsquo;s 10 categories this year, &ldquo;a rare feat,&rdquo; 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&rsquo;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&rsquo;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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			'description' => 'The U.S. subsidiary of Japanese group FANUC, one of the world's largest makers of industrial robots, has opened a $110 million facility in Michigan to store, sell and maintain made-in-Japan industrial robots for North American customers, according to a statement from FANUC America.',
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			'content' => '<p>The U.S. subsidiary of Japanese group <strong>FANUC</strong>, one of the world&rsquo;s largest makers of industrial robots, has opened a $110 million facility in Michigan to store, sell and maintain made-in-Japan industrial robots for North American customers, according to a statement from FANUC America.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-13-FANUC.jpg" alt="" />
<figcaption class="image-caption">Michigan Gov. Gretchen Whitmer (center) with senior officers of FANUC America at its West Campus. (Photo source: FANUC America)</figcaption>
</figure>
<p>The new 650,000-square-foot facility was inaugurated on July 10 and is located in FANUC America&rsquo;s West Campus in Auburn Hills, Michigan. The expansion increases the company&rsquo;s footprint in Michigan to over 2 million square feet and is part of FANUC America&rsquo;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,&rdquo; <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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			'description' => 'K Health, a leading AI-driven primary care company that provides 24/7 virtual primary care solutions through its mobile app, announced this month that it had raised $50 million in funding led by Claure Group with participation from investors, including Pablo Legorreta (founder and CEO of Royalty Pharma) and Mangrove Capital Partners, Valor Equity Partners, and Atreides Management.',
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			'content' => '<p><strong>K Health</strong>, a leading AI-driven primary care company that provides 24/7 virtual primary care solutions through its mobile app, announced this month that it had raised $50 million in funding led by Claure Group with participation from investors, including Pablo Legorreta (founder and CEO of Royalty Pharma) and Mangrove Capital Partners, Valor Equity Partners, and Atreides Management.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-12-NYNJ-K-Health-Alan-Bloch.jpg" alt="" />
<figcaption class="image-caption">K Health founder and CEO Allon Bloch (Photo source: K Health)</figcaption>
</figure>
<p>K Health said in the same statement that it had been developing its own AI technology for more than seven years. Today, it can provide 24/7 virtual primary care solutions to millions of people in the United States.</p>
<p>The K Health platform includes clinical-grade medical chat and AI predictive models based on large datasets to help physicians optimize diagnosis and treatment and focus on patient care.</p>
<p>Instead of doctors taking patients through lengthy procedures and manually piecing together their medical history from electronic medical records, K Health allows healthcare providers to engage more quickly and closely with patients by giving them a complete medical chart with patient insights straight from the app.</p>
<p>According to K Health, this new model of care delivery achieves dramatically higher quality of care at lower costs compared to traditional primary care.</p>
<p>&ldquo;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,&rdquo; explained<strong> K Health founder and CEO Allon Bloch.</strong></p>
<p>&ldquo;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,&rdquo; 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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			'content' => '<p>Ontario-based multinational <strong>Lee Li Holdings (LLH)</strong> <strong>CEO Lee Q. Shim</strong> told <strong>Cambodian Prime Minister Hun Manet </strong>in a meeting at the capital Phnom Penh this month that his company was looking at investment opportunities in the country, including its automotive healthcare, gas and oil, food processing and logistics, automobiles, and exports accreditation sectors.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-12-CAMB-Li-Lee-Holdings.jpg" alt="" />
<figcaption class="image-caption">Cambodia Prime Minister Hun Manet (right) met with Lee Li Holdings President and CEO Lee Q. Shim (Ieft) in Phnom Penh this month. (Photo source: Office of the Prime Minister)</figcaption>
</figure>
<p>During the meeting, Manet pointed out that the <strong>Cambodia Chamber of Commerce</strong> had two representative offices in Canada (Toronto and Montreal) that promote bilateral trade and assist exporters and importers in their two countries.</p>
<p>&ldquo;Shim&rsquo;s visit will further contribute to the promotion of trade relations between Cambodia and Canada,&rdquo; 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&rsquo;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>&ldquo;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,&rdquo; 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&rsquo;s only pediatric kidney and liver transplant program.</p>',
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		'title' => 'Wisconsin to give multimillion tax incentive to Kikkoman for new expansion',
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		'description' => 'Kikkoman Foods Inc. has broken ground for its third manufacturing plant in Jefferson County and an expansion to its existing plant in neighboring Walworth County, Wisconsin. To support this fresh investment, the Wisconsin Economic Development Corp. (WEDC) plans to provide the Japanese soy sauce maker up to $15.5 million in performance-based tax credits.',
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		'content' => '<p>Kikkoman Foods Inc. has broken ground for its third manufacturing plant in Jefferson County and an expansion to its existing plant in neighboring Walworth County, Wisconsin. To support this fresh investment, the <strong>Wisconsin Economic Development Corp. (WEDC)</strong> plans to provide the Japanese soy sauce maker up to $15.5 million in performance-based tax credits.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-3-Kikkoman-Wisconsin.jpg" alt="" />
<figcaption class="image-caption">Wisconsin Economic Development Corporation CEO and Secretary Missy Hughes (Source: Milwaukee Business Journal)</figcaption>
</figure>
<p>Kikkoman&rsquo;s expansion in Wisconsin will inject $800 million into the state&rsquo;s economy and create 83 new jobs over the next decade. The Walworth facility, opened in 1973, is the company&rsquo;s highest-producing soy sauce factory globally.</p>
<p>Meanwhile, the plant in Jefferson City is scheduled to start operations in 2026 and will focus on soy sauce-related products, like teriyaki sauce. Aside from enhancing efficiency and scalability, the facility will bolster Kikkoman&rsquo;s sustainability efforts by using renewable energy sources and equipment with lower CO2 emissions.</p>
<p><strong>WEDC Secretary and CEO Missy Hughes</strong> welcomed the announcement: &ldquo;Fifty years ago, Kikkoman made history by choosing Walworth, Wisconsin for its first international brewing plant. Now, by expanding its presence in Jefferson, Kikkoman is opening a new chapter in its history.&rdquo;</p>
<p><strong>Jefferson City Mayor Dale Oppermann</strong> expressed appreciation for Kikkoman&rsquo;s continued trust in the region: &ldquo;Kikkoman&rsquo;s decision to invest in Jefferson underscores the strength and appeal of our local food and beverage niche. We look forward to a long, prosperous partnership.&rdquo;</p>
<p>Meanwhile, <strong>Kikkoman Chair and honorary CEO Yuzauro Mogi </strong>said the company&rsquo;s choice of Wisconsin was rooted in several factors, among them its location, which provided convenient market access, as well as its skilled workforce, easy availability of raw materials, an abundance of clean water, the collaborative spirit of the local community.</p>
<p>&ldquo;We look forward to expanding our footprints in Wisconsin and establishing a supply chain with increased stability in North America,&rdquo; he also said.</p>
<p>Over the past five decades, Kikkoman has transformed rural Wisconsin through partnerships with the local community, donating more than $17 million to charitable organizations.</p>
<p>As one of the first production facilities set up by a Japanese company in the United States, the Walworth plant is seen as a valuable symbol of the close business and cultural partnership between the two countries.</p>
<p>&ldquo;Whether it&rsquo;s providing thousands of jobs, bolstering our economy or providing us and the world with phenomenal soy sauce, Kikkoman is doing good work across Wisconsin and the country. I am grateful for their continued partnership and expansion in Wisconsin,&rdquo; said <strong>Gov. Tony Evers</strong>.</p>',
		'is_published' => true,
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Notice (8): Undefined index: SpecialFeature [APP/View/Featuresite/upcomingfeaturelist.ctp, line 53]
Code Context
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			'title' => 'Japan's largest conveyor-belt sushi chain rolls out in the U.S.',
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			'description' => 'Boston's Japanese food scene got more diverse with the opening in April of Sakabayashi Sushi Tavern, a subsidiary of Japan's largest conveyor-belt sushi chain, Sushiro. The restaurant is the first investment of its parent company, Food & Life Co., in the United States. ',
			'credit_id' => '48',
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			'content' => '<p>Boston&rsquo;s Japanese food scene got more diverse with the opening in April of Sakabayashi Sushi Tavern, a subsidiary of Japan&rsquo;s largest conveyor-belt sushi chain, Sushiro. The restaurant is the first investment of its parent company, <strong>Food &amp; Life Co.</strong>, in the United States.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-4-Sushiro.jpg" alt="" />
<figcaption class="image-caption">Food &amp; Life Companies USA President Yosuke Tanaka (Source: LinkedIn/Yosue Tanaka)</figcaption>
</figure>
<p>Sakabayashi retained the original restaurant&rsquo;s <em>izakaya </em>style of dining<em>, </em>wherein patrons can eat and drink in a casual setting. With menu items priced from under $10, the restaurant wants to attract a diverse crowd.</p>
<p>&ldquo;Ensuring affordability while providing an authentic Japanese experience to Americans is paramount. Eighty percent of our menu is recreated from Japan. Our raw ingredients are sourced from our global procurement chain,&rdquo; said <strong>Food &amp; Life Companies USA President Yosuke Tanaka.</strong></p>
<p>Although Sakabayashi Sushi Tavern is Food and Life&rsquo;s first foray in the country, the group has many years of international experience. With operations in eight countries, primarily in Asia, Food &amp; Life aims to generate $1.45 billion in overseas revenue by the end of the fiscal year 2026 by opening more conveyor-belt sushi restaurants in the United States.</p>
<p>&ldquo;Our priority is not limited to deploying our existing brand but also to discovering, developing, and expanding new brands and food-services formats through the reinforcement of our competitive advantages in ingredient development, procurement, and supply chain management,&rdquo; said <strong>Food &amp; Life Ltd. President and CEO Koichi Mizutome.</strong></p>
<p>Mizutome&rsquo;s confidence stems from the growing popularity of Japanese cuisine in the United States. In 2023, revenues of sushi restaurants in America grew by 4.5% and are expected to grow further, according to research firm IBIS World.</p>
<p>In the United States, ramen shops are also growing more popular as various Japanese chains, like Fukuoka and Ramen Santouka, plan to open more outlets across the country.</p>',
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			'title' => 'Impostor Syndrome and The Incomplete Leader',
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			'description' => 'Now that everyone's details, accomplishments, and track record are easily fact-checked and reviewed on the internet, there has been a rise in the number of anxiety-riddled executives. The same tool used for work productivity has also been a source of consternation.',
			'credit_id' => '48',
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			'url' => 'impostor-syndrome-and-the-incomplete-leader',
			'tags' => 'Leadership, Management, Impostor Syndrome',
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			'content' => '<p>The notion that &ldquo;leaders have to be flawless&rdquo; is starting to disappear. Access to unlimited information, a.k.a. the Internet, should have changed this perception ages ago.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-3-SG-Impostor-Syndrome.jpg" alt="" />
<figcaption class="image-caption">The workplace has evolved to become a more forgiving place for its leaders. (Illustration by Lianne Dominguez)</figcaption>
</figure>
<p>But now that everyone&rsquo;s details, accomplishments, and track record are easily fact-checked and reviewed on the internet, there has been a rise in the number of anxiety-riddled executives. The same tool used for work productivity has also been a source of consternation.</p>
<p>The pressure to have intellectual and interpersonal superiority is at an all-time high. According to the National Library of Medicine, impostor syndrome (IS) is a behavioral health phenomenon described as self-doubt of intellect, skills, or accomplishments among high-achieving individuals. Yes! The seemingly poised manager could be a fa&ccedil;ade.</p>
<p>Despite the tremendous pressure for perfection, an article in Harvard Business Review offers a solution to ease some caffeine-stimulated corporate minds. The authors, in praise of &ldquo;The Incomplete Leader,&rdquo; recommend embracing imperfections to strengthen one&rsquo;s leadership abilities. It also said that organizations were evolving to become more collaborative than hierarchical.</p>
<p>Decisions should often be made in the context of the open economy, therefore as no senior executive has a monopoly on knowledge. The overarching theme was that: Leaders should determine the right colleague to handle areas of their perceived weaknesses.&nbsp;</p>
<p>In fact, four leadership capabilities are developed during this process: sense-making, relating, visioning, and inventing.</p>
<p>Arguably, many teams have adopted the practice of &ldquo;excellence&rdquo; over &ldquo;perfection&rdquo;. The culture of excellence, while forgiving mistakes and considering personal limitations, does not absolve leaders and team members from giving their best.</p>
<p>Accepting the new demands and realities of a hybrid workplace, especially for leaders, will empower and not overwhelm the incomplete leader.</p>',
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			'title' => 'Brewing success: How leadership catapulted Paradox Brewery to new heights',
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			'description' => 'Paradox Brewery President and founder Paul Mrocka is widely credited for driving the New York-based to new levels of success through strategic planning, data-driven decision-making, and effective international partnerships.',
			'credit_id' => '48',
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			'url' => 'brewing-success-how-leadership-catapulted-paradox-brewery-to-new-heights',
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			'content' => '<p><strong>Paradox Brewery President and founder Paul Mrocka </strong>is widely credited for driving the New York-based to new levels of success through strategic planning, data-driven decision-making, and effective international partnerships.</p>
<p>According to Mrocka, data isn't just numbers at Paradox Brewery. It's a roadmap to success.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-3-NYNJ-Paradox-Brewery.jpg" alt="" />
<figcaption class="image-caption">Paradox Brewery President and founder Paul Mrocka</figcaption>
</figure>
<p>In an interview with GMI POST, Mrocka emphasized their reliance on Information Resources, Inc. (IRI) data to understand market trends, consumer preferences, and competitor strategies.</p>
<p>&ldquo;We're very competitive in our prices and a data-driven company. We tell stories with this data that we buy. And we use that data to go to the buyer and talk to them about it,&rdquo; he said.</p>
<p>By leveraging IRI&rsquo;s data, Paradox Brewery gains insights that shape its marketing strategies and product development, ensuring it stays ahead in the fiercely competitive craft beer market.</p>
<p>Paradox Brewery isn't afraid to think big either. </p>
<p>&ldquo;You have to put the time in. You have to show up and get face-to-face with these people because there has to be a degree of comfort on both sides of the arrangement to buy beer from the other side of the planet,&rdquo;<strong> Director of Operations Devon Hamilton </strong>said about plans to expand globally.</p>
<p>By nurturing strong relationships with international partners, Paradox Brewery secures distribution channels and builds a global brand presence, Hamilton also said.</p>
<p>For Paradox Brewery, success isn't just about reacting to market trends but about anticipating and shaping them. Through constant planning and adaptation, the company stays at the forefront of innovation, offering a diverse and appealing portfolio to its customers.</p>
<p>&ldquo;We all sit down, talk about what did well last year, what we think we should bring back for next year, what the upcoming trends are, and argue about what our portfolio will be,&rdquo; Hamilton said.</p>
<p>As Paradox Brewery expands both domestically and internationally, the skills and dedication of its leaders will ensure the New York brand remains a beloved brand in the craft beer industry.</p>',
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			'title' => 'What Cambodia's honey industry can teach businesses ',
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			'description' => 'In 2021, Cambodia's government awarded its first geographic indication (GI) label for the wild honey harvested in Mondulkiri Province. The protected GI label, granted to local products with distinctive regional qualities, has elevated the profile of Cambodian honey on the global stage.',
			'credit_id' => '48',
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			'url' => 'what-cambodias-honey-industry-can-teach-businesses',
			'tags' => 'Cambodia, Leadership, Management, Agriculture, Honey',
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			'content' => '<p>Cambodia&rsquo;s honey industry has experienced steady growth in recent years. In 2021, the government awarded its first geographic indication (GI) label for the wild honey harvested in Mondulkiri Province. The protected GI label, granted to local products with distinctive regional qualities, has elevated the profile of Cambodian honey on the global stage.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-3-CAMB-Honey.jpg" alt="" />
<figcaption class="image-caption">Cambodia Honey Association Executive Director Sem Sreytouch</figcaption>
</figure>
<p>Although varieties like Modulkiri money have been harvested in Cambodia for centuries, efforts to streamline and formalize the industry&rsquo;s value chain are relatively recent and spearheaded by the Cambodia Honey Association (CHA), the main advocacy group representing the sector&rsquo;s stakeholders.</p>
<p>In an interview with GMI POST, CHA underscored the necessary steps to invigorate the industry while providing insight into navigating business in an emerging market landscape.&nbsp;</p>
<p><strong>&nbsp;</strong></p>
<p><span style="font-family: helvetica; font-size: 18pt;"><strong>Collaboration over competition </strong></span></p>
<p><strong>&nbsp;</strong></p>
<p><strong>CHA Executive Director Sem Sreytouch </strong>emphasizes the importance of shifting industry stakeholders&rsquo; mindset from competition to collaboration.</p>
<p>&ldquo;One of our main advocacies is to enact a change in mindset among Cambodian honey growers, apiaries, and other stakeholders in the value chain. A united front is required to elevate the overall standards of the Cambodian honey industry&rdquo; she said.</p>
<p><strong>&nbsp;</strong></p>
<p><span style="font-family: helvetica; font-size: 18pt;"><strong>Prioritize capacity building</strong></span></p>
<p><strong>&nbsp;</strong></p>
<p><strong>Peter Batt, Ph.D of Curtin University,</strong> also a fellow of the International Horticultural Congress, stressed the need for education and capacity-building at the grassroots level in emerging markets like Cambodia.</p>
<p>&ldquo;A key aspect of addressing challenges in Cambodia, particularly within the honey industry, was capacity building of smallholder farmers and empowering those farmers with basic and practical skills to help them grasp what it takes to thrive in trade,&rdquo; he said.</p>
<p><strong>&nbsp;</strong></p>
<p><span style="font-size: 1*pt;"><strong><span style="font-family: helvetica;">Explore untapped resources</span> </strong></span></p>
<p>&nbsp;</p>
<p>CHA also highlighted Cambodia's rich geographic diversity as a wellspring of untapped potential for future GI labels, such as honey from the lesser-known Tonle Sap Lake region. <strong>Dr. Try Yong</strong>, a beekeeping expert and an advisor to the Royal Ministry of Agriculture, underscored Cambodia&rsquo;s abundance of untapped honey collection areas in the rest of the country.</p>
<p>&ldquo;Regions like Tone Sap Lake and the western coasts offer promising opportunities. Despite the vast forests from which much of our honey originates, many areas lack GI certification, signaling significant untapped potential and future business opportunities for our kingdom,&rdquo; he said.</p>',
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			'id' => '545692',
			'title' => 'Wisconsin to give multimillion tax incentive to Kikkoman for new expansion',
			'description_old' => null,
			'description' => 'Kikkoman Foods Inc. has broken ground for its third manufacturing plant in Jefferson County and an expansion to its existing plant in neighboring Walworth County, Wisconsin. To support this fresh investment, the Wisconsin Economic Development Corp. (WEDC) plans to provide the Japanese soy sauce maker up to $15.5 million in performance-based tax credits.',
			'credit_id' => '48',
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			'url' => 'wisconsin-to-give-multimillion-tax-incentive-to-kikkoman-for-new-expansion',
			'tags' => 'US, Japan, Wisconsin, Economic Development, Food',
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			'content' => '<p>Kikkoman Foods Inc. has broken ground for its third manufacturing plant in Jefferson County and an expansion to its existing plant in neighboring Walworth County, Wisconsin. To support this fresh investment, the <strong>Wisconsin Economic Development Corp. (WEDC)</strong> plans to provide the Japanese soy sauce maker up to $15.5 million in performance-based tax credits.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-3-Kikkoman-Wisconsin.jpg" alt="" />
<figcaption class="image-caption">Wisconsin Economic Development Corporation CEO and Secretary Missy Hughes (Source: Milwaukee Business Journal)</figcaption>
</figure>
<p>Kikkoman&rsquo;s expansion in Wisconsin will inject $800 million into the state&rsquo;s economy and create 83 new jobs over the next decade. The Walworth facility, opened in 1973, is the company&rsquo;s highest-producing soy sauce factory globally.</p>
<p>Meanwhile, the plant in Jefferson City is scheduled to start operations in 2026 and will focus on soy sauce-related products, like teriyaki sauce. Aside from enhancing efficiency and scalability, the facility will bolster Kikkoman&rsquo;s sustainability efforts by using renewable energy sources and equipment with lower CO2 emissions.</p>
<p><strong>WEDC Secretary and CEO Missy Hughes</strong> welcomed the announcement: &ldquo;Fifty years ago, Kikkoman made history by choosing Walworth, Wisconsin for its first international brewing plant. Now, by expanding its presence in Jefferson, Kikkoman is opening a new chapter in its history.&rdquo;</p>
<p><strong>Jefferson City Mayor Dale Oppermann</strong> expressed appreciation for Kikkoman&rsquo;s continued trust in the region: &ldquo;Kikkoman&rsquo;s decision to invest in Jefferson underscores the strength and appeal of our local food and beverage niche. We look forward to a long, prosperous partnership.&rdquo;</p>
<p>Meanwhile, <strong>Kikkoman Chair and honorary CEO Yuzauro Mogi </strong>said the company&rsquo;s choice of Wisconsin was rooted in several factors, among them its location, which provided convenient market access, as well as its skilled workforce, easy availability of raw materials, an abundance of clean water, the collaborative spirit of the local community.</p>
<p>&ldquo;We look forward to expanding our footprints in Wisconsin and establishing a supply chain with increased stability in North America,&rdquo; he also said.</p>
<p>Over the past five decades, Kikkoman has transformed rural Wisconsin through partnerships with the local community, donating more than $17 million to charitable organizations.</p>
<p>As one of the first production facilities set up by a Japanese company in the United States, the Walworth plant is seen as a valuable symbol of the close business and cultural partnership between the two countries.</p>
<p>&ldquo;Whether it&rsquo;s providing thousands of jobs, bolstering our economy or providing us and the world with phenomenal soy sauce, Kikkoman is doing good work across Wisconsin and the country. I am grateful for their continued partnership and expansion in Wisconsin,&rdquo; said <strong>Gov. Tony Evers</strong>.</p>',
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			'section_summary' => 'Kikkoman Foods Inc. has broken ground for its third manufacturing plant in Jefferson County and an expansion to its existing plant in neighboring Walworth County, Wisconsin. To support this fresh investment, the Wisconsin Economic Development Corp. (WEDC) plans to provide the Japanese soy sauce maker up to $15.5 million in performance-based tax credits.',
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		'Articles' => array(
			'id' => '545693',
			'title' => 'New York wants more Japanese chipmakers in the state',
			'description_old' => null,
			'description' => 'Empire State Development (ESD), the umbrella organization for New York's two main economic development corporations, wants more Japanese chip industry suppliers to open operations in the state to support the upcoming manufacturing facilities of Micron Technology, the world's fourth-largest semiconductor company.',
			'credit_id' => '48',
			'image' => null,
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			'url' => 'new-york-wants-more-japanese-chipmakers-in-the-state',
			'tags' => 'US, Japan, New York, Economic Development, IT',
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			'content' => '<p><strong>Empire State Development (ESD)</strong>, the umbrella organization for New York's two main economic development corporations, wants more Japanese chip industry suppliers to open operations in the state to support the upcoming manufacturing facilities of Micron Technology, the world&rsquo;s fourth-largest semiconductor company.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-3-Micron-NY.jpg" alt="" />
<figcaption class="image-caption">Empire State Development President Hope Knight (Source: Empire State Development)</figcaption>
</figure>
<p>&ldquo;Last year, we were able to attract Micron to central New York. With the large investment that Micron is making, $100 billion, we know that we have to build an ecosystem to support that activity. That's why we're here on this mission: to talk to Japanese firms, some of Micron's suppliers, to come and locate in New York,&rdquo; <strong>ESD President Hope Knight</strong> told Nikkei Asia.</p>
<p>While Knight did not name the companies she spoke to during her visit to Japan, she mentioned that some were &ldquo;very excited about the possibility&rdquo; of investing in the state.</p>
<p>Micron, the only memory and storage manufacturer in the United States, has announced plans to build a $100 billion &ldquo;mega fab,&rdquo; which will employ more than 9,000 people, near Syracuse in upstate New York.</p>
<p>Even before the CHIPS and Science Act became federal law in 2022, New York had unveiled its $10 billion program, called Green CHIPS, which offered tax incentives to chip manufacturers. Participants of Green CHIPS can benefit from zero corporate income tax rates and receive tax credits based on their capital spending and research and development expenditures.</p>
<p>&ldquo;We customize a package for you,&rdquo; said Knight, who emphasized that incentives are tailored based on various factors, like the number of jobs created and size of investment.</p>
<p>The ESD president highlighted the importance of bringing back chip manufacturing to the United States, citing national security concerns and geopolitical trends, and underscored New York's manufacturing legacy and its readiness to revive its manufacturing sector.</p>
<p>New York has prioritized chip manufacturing as a key industry for economic growth. Apart from IBM, 75 other semiconductor-related companies have made new investments in the state. And since the introduction of Green CHIPS, total investments have reached $112 billion.</p>
<p>On concerns surrounding the high cost of living and labor costs associated with New York City, Knight said that cities in upstate New York, such as Albany, Syracuse, Rochester and Buffalo, offer affordability and have cheaper sources of clean power.</p>
<p>As head of ESD, Knight works closely with Gov. Kathy Hochul in developing the state economy through various measures like financing, subsidies, and tax breaks. As of 2022, ESD has been involved in at least 190 projects.</p>',
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			'id' => '545694',
			'title' => 'Toyota unveils $1.4 billion investment in Indiana to make more electric vehicles',
			'description_old' => null,
			'description' => 'Toyota, the world's largest automaker, has announced a $1.4 billion expansion of its factory in the U.S. state of Indiana to produce electric vehicles (EVs) starting in 2026. With the new expansion, Toyota Motor Manufacturing Indiana will become the company's second EV production facility in the United States.',
			'credit_id' => '48',
			'image' => null,
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			'url' => 'toyota-unveils-14-billion-investment-in-indiana-to-make-more-electric-vehicles',
			'tags' => 'US, Japan, Indiana, Electric Vehicles',
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			'content' => '<p>Toyota, the world&rsquo;s largest automaker, has announced a $1.4 billion expansion of its factory in the U.S. state of Indiana to produce electric vehicles (EVs) starting in 2026. With the new expansion, Toyota Motor Manufacturing Indiana will become the company&rsquo;s second EV production facility in the United States.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-3-Toyota-EVs.jpg" alt="" />
<figcaption class="image-caption">Toyota Motor Manufacturing Indiana President Tim Hollander (Source: PR Newswire)</figcaption>
</figure>
<p>According to Nikkei Asia, the investment will create 340 new high-quality jobs and increase the company&rsquo;s total number of employees in Indiana to around 8,000. The expansion also raises</p>
<p>Toyota&rsquo;s total investment in the state to $8 billion, Green Car Congress reported. <br /><br />Toyota&rsquo;s decision to increase EV production comes amid a surge in demand for its hybrid models, said CBT News.</p>
<p>In April, Toyota reported record annual sales for the fiscal year ending in March, surpassing the 10 million-unit mark for the first time. Its hybrid models have played a major role in growing the company&rsquo;s market share over the past year.</p>
<p>Toyota&rsquo;s only other EV factory in the United States is in Kentucky. The facility Georgetown is due to begin operations next year.</p>
<p>"Since 2021, Toyota has announced new investments totaling $18.6 billion into its U.S. manufacturing operations to support electrification efforts," the company said.</p>',
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		'Articles' => array(
			'id' => '545689',
			'title' => 'Singapore: A fertile ground for Edtech ',
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			'description' => 'Globally, education technology (Edtech) is a rapidly growing sector. According to Precision Report's EdTech Market Research Report 2024, the global Edtech market size was valued at $115 billion in 2021 and is expected to reach $467 billion by 2027. ',
			'credit_id' => '48',
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			'url' => 'singapore-a-fertile-ground-for-edtech',
			'tags' => 'Japan, Singapore, Education',
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			'content_old' => null,
			'content' => '<p>Globally, education technology (Edtech) is a rapidly growing sector. According to Precision Report&rsquo;s EdTech Market Research Report 2024, the global Edtech market size was valued at $115 billion in 2021 and is expected to reach $467 billion by 2027.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-2-SG-Education.jpg" alt="" />
<figcaption class="image-caption">Starting them young: Singapore's education system has gained admiration from around the world.</figcaption>
</figure>
<p>Singapore has stood out as one of the most fertile grounds for the sector&rsquo;s growth. The origins of Singapore&rsquo;s thriving Edtech sector can be traced back to 2014, when the country&rsquo;s national government enacted its Smart Nation initiative, which required schools to incorporate innovation and technology in the daily lives of Singaporean families.</p>
<p>According to UNESCO, the challenge for schools was to create meaningful learning experiences that reflected such integration, which meant that highly qualified faculty must constantly be engaged in research and innovation. Otherwise, how can one teach about advancements while experiencing none?</p>
<p>Since the enactment of the Smart Nation initiative, there have been more than 790 Edtech startups launched in Singapore. Today, the government continues to invest heavily in training its future labor pool. <br /><br />Aside from encouraging life-long learning, the city-state&rsquo;s government has also rolled out other initiatives to boost the growth of Edtech in Singapore, like an ICT masterplan, infrastructure upgrades, accelerator programs, increased connectivity in schools, and access to learning resources and opportunities for collaborations for schools and startups.</p>
<p>Those looking to start or invest in an Edtech venture will reap many benefits by betting on Singapore.</p>',
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			'id' => '545690',
			'title' => 'Columbia University seeks closer partnerships with Japan ',
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			'description' => 'The Japan Study Student Association at Columbia University's School of International and Public Affairs organized a visit to Japan in March to allow some of its members to learn more about the country's government, people, culture, and food.',
			'credit_id' => '48',
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			'url' => 'columbia-university-seeks-closer-partnerships-with-japan',
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			'content' => '<p>The Japan Study Student Association at <strong>Columbia University&rsquo;s School of International and Public Affairs </strong>organized a visit to Japan in March to allow some of its members to learn more about the country&rsquo;s government, people, culture, and food.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-2-NYNJ-JASSA-Education.jpg" alt="" />
<figcaption class="image-caption">JASSA representatives during their Japan trip</figcaption>
</figure>
<p>&ldquo;The Japan trip was a phenomenal opportunity not only from a career development perspective but also from a personal development perspective,&rdquo; JASSA Representative Daniel Alvarez said in an article posted on SIPA&rsquo;s website.</p>
<p>&ldquo;Speaking with top politicians, participating in cultural ceremonies, learning about critical events in Japan&rsquo;s history, experiencing the excellent cuisine, and enjoying the nightlife with new friends made for a very well-rounded trip and once-in-a-lifetime experience,&rdquo; Alvarez added.</p>
<p>For SIPA students who want to join future Japan trips, Alvarez encouraged fellow members to attend upcoming JASSA events so they can express their interest to the organizers. The trip was just one of many events of SIPA to bolster U.S.-Japan cooperation.</p>
<p>In June 2023<strong>, SIPA Dean Keren Yarhi-Milo</strong> visited the University of Tokyo's Graduate School of Public Policy, a fellow member of the Global Public Policy Network, where she held pivotal discussions to enhance cross-cultural exchange. <br /><br />In interviews with local media, including Nikkei Asia and TV Tokyo, Yarhi-Milo highlighted SIPA's commitment to integrating Japanese perspectives within its academic community.</p>
<p>&ldquo;We want our students and our faculty to be involved and engaged with Japan,&rdquo; said Yarhi-Milo as she recognized the country&rsquo;s significant economic and strategic influence in East Asia.</p>',
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			'id' => '545691',
			'title' => '3 reasons Japan-Cambodia education partnerships are thriving',
			'description_old' => null,
			'description' => 'As Cambodia and Japan commemorate 70 years of diplomatic relations, the two nations look forward to a new era in their partnership as they seek fresh fields of collaboration. More and more Japanese recognize Cambodia's untapped potential and hope to play a role in the development of its population.',
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			'url' => '3-reasons-japan-cambodia-education-partnerships-are-thriving',
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			'content' => '<p>As Cambodia and Japan commemorate 70 years of diplomatic relations, the two nations look forward to a new era in their partnership as they seek fresh fields of collaboration. More and more Japanese recognize Cambodia&rsquo;s untapped potential and hope to play a role in the development of its population.</p>
<p>For instance, the increased prominence of the <strong>Institute of Technology of Cambodia </strong>among the expatriate population reveals three key reasons Cambodia&rsquo;s educational landscape has attracted the attention of the Japanese community.</p>
<p>&nbsp;</p>
<p><span style="font-family: helvetica; font-size: 16pt;"><strong>The population is young, growing and mobile</strong></span></p>
<p>&nbsp;</p>
<p>CiteSeerX reports that nearly 70% of Cambodians are 29-years old and younger. <br /><br />&ldquo;Among Cambodia&rsquo;s younger generation, the literacy rate is reported to be quite high because of increasing opportunities for education. The gender gap among young adults is not so substantial, although some age group differences exist,&rdquo; Japan International Cooperation Agency said in its 2023 Country Study.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-2-CAMB-Japan-Education.jpg" alt="" />
<figcaption class="image-caption">Institute of Technology of Cambodia Rector Dr. Po Kimtho (left) and Kanazawa University President Takashi Wada (right)</figcaption>
</figure>
<p>&ldquo;This implies that very well-targeted literacy education by age, sex, geography, time of the class, and contents of the class will likely bring about significant domestic and foreign partnerships in Cambodia&rsquo;s education sector,&rdquo; the study added.An example of such a partnership is that between ITC and Panasonic Cambodia. ITC is one of only two institutions in the kingdom to receive scholarships from Panasonic Cambodia, the local subsidiary of Japanese tech giant Panasonic Group. Panasonic Cambodia Country Head Yosunoby Matsumoto said the initiative will be a means to &ldquo;maximize workforce potential, fostering growth, and nurturing the next generation of leaders.&rdquo;</p>
<p>According to Matsumoto, Panasonic Cambodia recognizes the talented local science and technology students and continues to invest in their capacity building to develop the next generation of technology business leaders that will allow them to participate in a global economy.</p>
<p><strong>&nbsp;</strong></p>
<p><span style="font-size: 16pt;"><strong><span style="font-family: helvetica;">It is open to international collaboration</span> </strong></span></p>
<p>&nbsp;</p>
<p>Cambodia is home to more than 128 higher education institutions, at least 45 of which (including ITC) have active international partnerships with universities and organizations abroad. ITC&rsquo;s outreach activities have helped position itself as an ideal partner for Japanese ventures.</p>
<p>Last year, the deputy director of ITC, along with six other academic delegates, visited the Tokyo Institute of Technology (Tokyo Tech), to partake in the training course &ldquo;Project for Strengthening Engineering Education and Research for Industrial Development in Cambodia,&rdquo; organized by JICA.</p>
<p>Subsequently, JICA formalized an agreement with ITC to strengthen engineering education and research in industrial development in Cambodia</p>
<p>&nbsp;</p>
<p><span style="font-family: helvetica; font-size: 16pt;"><strong>A growing vocationally and technically proficient workforce</strong></span></p>
<p>&nbsp;</p>
<p>&ldquo;Strengthening technical and vocational training is pivotal to attracting Japanese investment in Cambodia,&rdquo; said Labor and Vocational Training Minister Heng Sour, who urged JICA to persist in developing human resources in these domains, a statement that JICA President Sanui Kazumasa agreed with.</p>
<p>ITC, a partner of JICA, produces approximately 3,700 undergraduate and graduate students specializing in science, technology, and engineering.</p>',
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			'title' => 'Japan's JERA and Inpex to invest in separate U.S. ammonia projects',
			'description_old' => null,
			'description' => 'To bolster Japan's clean energy initiatives, two major Japanese energy companies, JERA and Inpex, are preparing to invest in separate projects in the United States that will produce ammonia for clean-burning power generation in Japan, Nikkei Asia reports. ',
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			'url' => 'japans-jera-and-inpex-to-invest-in-separate-us-ammonia-projects',
			'tags' => 'US, Japan, Investment, Green Energy',
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			'content' => '<p>To bolster Japan's clean energy initiatives, two major Japanese energy companies,<strong> JERA</strong> and <strong>Inpex</strong>, are preparing to invest in separate projects in the United States that will produce ammonia for clean-burning power generation in Japan, Nikkei Asia reports.</p>
<figure class="image-container floated-right" style="float: right;"><img class="align-right" src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-2-JERA-and-Inpex.jpg" alt="" />
<figcaption class="image-caption">Inpex President Takayuki Ueda</figcaption>
</figure>
<p><strong>JERA Global CEO and Chair Yukio Kani </strong>and<strong> Inpex President Takayuki Ueda</strong> confirmed the investments with local U.S. media at the CERAWeek 2024 energy industry conference held in Houston, Texas.</p>
<p>JERA, a joint venture between Tokyo Electric Power and Chubu Electric Power, announced its partnership with Oklahoma-based green energy company, Greenfield Energy. Together, they will build a facility in Louisiana to produce green ammonia using renewable energy sources.</p>
<p>Kani also confirmed to media that JERA will hire more people at its U.S. arm, aiming to expand the workforce by 30% after a year to around 250 employees.</p>
<p>On the other hand, Inpex, a leading oil and gas exploration and production company, is exploring opportunities in Texas to establish its own ammonia production facility.</p>
<p>According to Nikkei Asia, Inpex plans to produce 1.1 million tons of ammonia annually in Houston by 2027.</p>
<p>The investments by JERA and Inpex mark significant milestones in Japan's quest for cleaner energy alternatives.</p>',
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			'content' => '<p>To promote Japanese contribution to the United States&rsquo; investment landscape, <strong>Prime Minister Fumio Kishida</strong> visited North Carolina in April to tour the site of Toyota Motor Corp.&rsquo;s electric and hybrid battery plant in the city of Greensboro.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-2-Kishida-Visit-to-NC.jpg" alt="" />
<figcaption class="image-caption">Japanese Prime Minister Fumio Kishida (center) visits Toyota's EV battery plant being built in North Carolina. (Photo source: Nikkei Asia)</figcaption>
</figure>
<p>Kishida&rsquo;s visit marked a historic moment in U.S.-Japan relations because it was the first time since 1891 that a foreign head of state visited the governor&rsquo;s mansion and the first time in a decade that a Japanese prime minister visited the state.</p>
<p>&ldquo;I am honored to be here in North Carolina to showcase the multilayered and strong ties between the United States and Japan,&rdquo; Kishida told guests at the luncheon at the state governor&rsquo;s mansion. He also lauded North Carolina for being a state &ldquo;at the forefront of the times.&rdquo;</p>
<p>Japan remains North Carolina&rsquo;s largest foreign direct investor, employing over 30,000 people in over 200 Japanese companies.</p>
<p>According to the Environmental Defense Fund, North Carolina leads all U.S. states in electric vehicle (EV) investment, attracting over $19 billion in the past year. This is attributed to its world-class infrastructure, skilled workforce, and favorable local policies.</p>
<p>Capitalizing on that environment, Japanese automakers have expanded their EV production capacity in the state. Toyota invested an additional $8 billion in its Greensboro battery plant, raising its total capital investment to around $14 billion and generating more than 5,000 new jobs.</p>
<p>Chiaki Takagi, a Japanese studies lecturer at the University of North Carolina Greensboro, highlighted the significance of Kishida&rsquo;s visit: &ldquo;This whole thing will provide the area with opportunities to be engaged in very active cultural exchange between Japan and the U.S.&rdquo;</p>',
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			'title' => 'Renowned U.S. chip designer wants to end Nvidia's global dominance',
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			'description' => 'Tenstorrent CEO Jim Keller, who worked for Intel, AMD and Tesla, said in an interview with Nikkei Asia that he wants to lower the price of AI applications by designing chips that are more efficient than Nvidia's and, in the process, end the American giant's global market dominance.',
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			'content' => '<p><strong>Tenstorrent CEO Jim Keller</strong>, who worked for Intel, AMD and Tesla, said in an interview with Nikkei Asia that he wants to lower the price of AI applications by designing chips that are more efficient than Nvidia's and, in the process, end the American giant&rsquo;s global market dominance.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-13-Tenstorrent.jpg" alt="" />
<figcaption class="image-caption">Tenstorrent CEO Jim Keller (Photo source: Tenstorrent)</figcaption>
</figure>
<p>Headquartered in Toronto, Tenstorrent has offices in Austin, Texas and Santa Clara, California, as well as in Belgrade, Tokyo, Bangalore, and Seoul. The company claims to be developing AI processors that perform as efficiently as Nvidia's AI GPUs but at a lower cost.</p>
<p>At present, Nvidia is the global market leader when it comes to AI chips. Its AI accelerators command between 70% and 95% of the global market share, according to CNBC.</p>
<p>Keller also said in the interview that Tenstorrent hopes to sell its second-generation multipurpose AI chip by the end of this year.</p>
<p>According to Keller, Tenstorrent can achieve its objective because it does not use high-bandwidth memory (HBM), a popular type of advanced memory chip capable of transferring large amounts of data quickly. HBM is a vital component for generative AI chips and has played a significant role in the success of Nvidia's offerings.</p>
<p>But Keller pointed out that HBM was also one of the culprits behind the massive energy consumption and high prices of AI chips.</p>
<p>"Even the people that use HBM struggle with the cost of it, [and] the design time to build it,&rdquo; 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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			'description' => 'Tokyo-based trading giant ITOCHU secured a contract to develop and test AI systems that will help run the transportation network and energy infrastructure of a future smart city project in southern Taiwan, according to a company press release.',
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			'content' => '<p>Tokyo-based trading giant <strong>ITOCHU</strong> secured a contract to develop and test AI systems that will help run the transportation network and energy infrastructure of a future smart city project in southern Taiwan, according to a company press release.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-13-ITOCHU-Taiwan.jpg" alt="" />
<figcaption class="image-caption">ITOCHU plans to roll out AI-powered buses for Taiwan's new smart city project in Tainan. (Photo source: Nikkei Asia)</figcaption>
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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&rsquo;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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			'title' => 'Melexis opens its largest wafer testing site in Malaysia',
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			'description' => 'Belgium-based supplier of semiconductor solutions Melexis has opened its largest wafer testing site worldwide in Kuching in the Malaysian state of Sarawak to strengthen its presence in Asia-Pacific and meet the rising demand for semiconductors around the world, according to a company announcement.',
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			'content' => '<p>Belgium-based supplier of semiconductor solutions <strong>Melexis</strong> has opened its largest wafer testing site worldwide in Kuching in the Malaysian state of Sarawak to strengthen its presence in Asia-Pacific and meet the rising demand for semiconductors around the world, according to a company announcement.</p>
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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, &ldquo;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.&rdquo;</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&rsquo;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>&ldquo;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,&rdquo; <strong>Sarawak&rsquo;s Ministry of International Trade, Industry and Investment </strong>said in a statement<strong>.</strong></p>
<p>&ldquo;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,&rdquo; the statement also said.</p>',
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			'id' => '545753',
			'title' => 'ITOCHU invests in U.S. hydrogen aircraft engine maker ZeroAvia',
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			'description' => 'Japanese trading giant ITOCHU announced this month it had invested in ZeroAvia, a British-American maker of hydrogen-electric engines for aircraft, according to a company statement.',
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			'content' => '<p>Japanese trading giant <strong>ITOCHU</strong> announced this month it had invested in <strong>ZeroAvia</strong>, a British-American maker of hydrogen-electric engines for aircraft, according to a company statement.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-13-Itochu-ZeroAvia.jpg" alt="" />
<figcaption class="image-caption">An aircraft powered by ZeroAvia's hydrogen-electric engines (Photo source: ZeroAvia)</figcaption>
</figure>
<p>Founded in 2018, ZeroAvia describes itself as &ldquo;a team of passionate innovators dedicated to bringing safe, zero-emission flight to aviation.&rdquo; The company claims its hydrogen-electric propulsion systems are &ldquo;the most environmentally friendly and economically attractive solution to aviation&rsquo;s growing climate change impact.&rdquo;</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&rsquo;s long-term goal of helping save the planet by decarbonizing the aviation industry.</p>',
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			'title' => 'Virginia is named the best U.S. state for business',
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			'description' => 'For the third time in the last five years, Virginia was ranked America's Top State for Business in 2024 by CNBC, which cited the state for having the best public schools in the country. It grabbed the top spot in 2007, 2009, 2011, 2019, and 2021.',
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			'content' => '<p>For the third time in the last five years,<strong> Virginia</strong> was ranked America&rsquo;s Top State for Business in 2024 by CNBC, which cited the state for having the best public schools in the country. It grabbed the top spot in 2007, 2009, 2011, 2019, and 2021.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-13-Virginia.jpg" alt="" />
<figcaption class="image-caption">Fairfax County Economic Development Authority President and CEO Victor Hoskins (Photo source: Fairfax County Economic Development Authority)</figcaption>
</figure>
<p>&ldquo;Congratulations to Virginia on being named America&rsquo;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,&rdquo; 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&rsquo;s 10 categories this year, &ldquo;a rare feat,&rdquo; 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&rsquo;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&rsquo;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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			'description' => 'The U.S. subsidiary of Japanese group FANUC, one of the world's largest makers of industrial robots, has opened a $110 million facility in Michigan to store, sell and maintain made-in-Japan industrial robots for North American customers, according to a statement from FANUC America.',
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			'content' => '<p>The U.S. subsidiary of Japanese group <strong>FANUC</strong>, one of the world&rsquo;s largest makers of industrial robots, has opened a $110 million facility in Michigan to store, sell and maintain made-in-Japan industrial robots for North American customers, according to a statement from FANUC America.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-13-FANUC.jpg" alt="" />
<figcaption class="image-caption">Michigan Gov. Gretchen Whitmer (center) with senior officers of FANUC America at its West Campus. (Photo source: FANUC America)</figcaption>
</figure>
<p>The new 650,000-square-foot facility was inaugurated on July 10 and is located in FANUC America&rsquo;s West Campus in Auburn Hills, Michigan. The expansion increases the company&rsquo;s footprint in Michigan to over 2 million square feet and is part of FANUC America&rsquo;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,&rdquo; <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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			'description' => 'K Health, a leading AI-driven primary care company that provides 24/7 virtual primary care solutions through its mobile app, announced this month that it had raised $50 million in funding led by Claure Group with participation from investors, including Pablo Legorreta (founder and CEO of Royalty Pharma) and Mangrove Capital Partners, Valor Equity Partners, and Atreides Management.',
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			'content' => '<p><strong>K Health</strong>, a leading AI-driven primary care company that provides 24/7 virtual primary care solutions through its mobile app, announced this month that it had raised $50 million in funding led by Claure Group with participation from investors, including Pablo Legorreta (founder and CEO of Royalty Pharma) and Mangrove Capital Partners, Valor Equity Partners, and Atreides Management.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-12-NYNJ-K-Health-Alan-Bloch.jpg" alt="" />
<figcaption class="image-caption">K Health founder and CEO Allon Bloch (Photo source: K Health)</figcaption>
</figure>
<p>K Health said in the same statement that it had been developing its own AI technology for more than seven years. Today, it can provide 24/7 virtual primary care solutions to millions of people in the United States.</p>
<p>The K Health platform includes clinical-grade medical chat and AI predictive models based on large datasets to help physicians optimize diagnosis and treatment and focus on patient care.</p>
<p>Instead of doctors taking patients through lengthy procedures and manually piecing together their medical history from electronic medical records, K Health allows healthcare providers to engage more quickly and closely with patients by giving them a complete medical chart with patient insights straight from the app.</p>
<p>According to K Health, this new model of care delivery achieves dramatically higher quality of care at lower costs compared to traditional primary care.</p>
<p>&ldquo;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,&rdquo; explained<strong> K Health founder and CEO Allon Bloch.</strong></p>
<p>&ldquo;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,&rdquo; 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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			'content' => '<p>Ontario-based multinational <strong>Lee Li Holdings (LLH)</strong> <strong>CEO Lee Q. Shim</strong> told <strong>Cambodian Prime Minister Hun Manet </strong>in a meeting at the capital Phnom Penh this month that his company was looking at investment opportunities in the country, including its automotive healthcare, gas and oil, food processing and logistics, automobiles, and exports accreditation sectors.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-12-CAMB-Li-Lee-Holdings.jpg" alt="" />
<figcaption class="image-caption">Cambodia Prime Minister Hun Manet (right) met with Lee Li Holdings President and CEO Lee Q. Shim (Ieft) in Phnom Penh this month. (Photo source: Office of the Prime Minister)</figcaption>
</figure>
<p>During the meeting, Manet pointed out that the <strong>Cambodia Chamber of Commerce</strong> had two representative offices in Canada (Toronto and Montreal) that promote bilateral trade and assist exporters and importers in their two countries.</p>
<p>&ldquo;Shim&rsquo;s visit will further contribute to the promotion of trade relations between Cambodia and Canada,&rdquo; 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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<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="" />
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		'title' => 'Wisconsin to give multimillion tax incentive to Kikkoman for new expansion',
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		'description' => 'Kikkoman Foods Inc. has broken ground for its third manufacturing plant in Jefferson County and an expansion to its existing plant in neighboring Walworth County, Wisconsin. To support this fresh investment, the Wisconsin Economic Development Corp. (WEDC) plans to provide the Japanese soy sauce maker up to $15.5 million in performance-based tax credits.',
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		'content' => '<p>Kikkoman Foods Inc. has broken ground for its third manufacturing plant in Jefferson County and an expansion to its existing plant in neighboring Walworth County, Wisconsin. To support this fresh investment, the <strong>Wisconsin Economic Development Corp. (WEDC)</strong> plans to provide the Japanese soy sauce maker up to $15.5 million in performance-based tax credits.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-3-Kikkoman-Wisconsin.jpg" alt="" />
<figcaption class="image-caption">Wisconsin Economic Development Corporation CEO and Secretary Missy Hughes (Source: Milwaukee Business Journal)</figcaption>
</figure>
<p>Kikkoman&rsquo;s expansion in Wisconsin will inject $800 million into the state&rsquo;s economy and create 83 new jobs over the next decade. The Walworth facility, opened in 1973, is the company&rsquo;s highest-producing soy sauce factory globally.</p>
<p>Meanwhile, the plant in Jefferson City is scheduled to start operations in 2026 and will focus on soy sauce-related products, like teriyaki sauce. Aside from enhancing efficiency and scalability, the facility will bolster Kikkoman&rsquo;s sustainability efforts by using renewable energy sources and equipment with lower CO2 emissions.</p>
<p><strong>WEDC Secretary and CEO Missy Hughes</strong> welcomed the announcement: &ldquo;Fifty years ago, Kikkoman made history by choosing Walworth, Wisconsin for its first international brewing plant. Now, by expanding its presence in Jefferson, Kikkoman is opening a new chapter in its history.&rdquo;</p>
<p><strong>Jefferson City Mayor Dale Oppermann</strong> expressed appreciation for Kikkoman&rsquo;s continued trust in the region: &ldquo;Kikkoman&rsquo;s decision to invest in Jefferson underscores the strength and appeal of our local food and beverage niche. We look forward to a long, prosperous partnership.&rdquo;</p>
<p>Meanwhile, <strong>Kikkoman Chair and honorary CEO Yuzauro Mogi </strong>said the company&rsquo;s choice of Wisconsin was rooted in several factors, among them its location, which provided convenient market access, as well as its skilled workforce, easy availability of raw materials, an abundance of clean water, the collaborative spirit of the local community.</p>
<p>&ldquo;We look forward to expanding our footprints in Wisconsin and establishing a supply chain with increased stability in North America,&rdquo; he also said.</p>
<p>Over the past five decades, Kikkoman has transformed rural Wisconsin through partnerships with the local community, donating more than $17 million to charitable organizations.</p>
<p>As one of the first production facilities set up by a Japanese company in the United States, the Walworth plant is seen as a valuable symbol of the close business and cultural partnership between the two countries.</p>
<p>&ldquo;Whether it&rsquo;s providing thousands of jobs, bolstering our economy or providing us and the world with phenomenal soy sauce, Kikkoman is doing good work across Wisconsin and the country. I am grateful for their continued partnership and expansion in Wisconsin,&rdquo; said <strong>Gov. Tony Evers</strong>.</p>',
		'is_published' => true,
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Notice (8): Undefined index: SpecialFeature [APP/View/Featuresite/upcomingfeaturelist.ctp, line 53]
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			'description' => 'Boston's Japanese food scene got more diverse with the opening in April of Sakabayashi Sushi Tavern, a subsidiary of Japan's largest conveyor-belt sushi chain, Sushiro. The restaurant is the first investment of its parent company, Food & Life Co., in the United States. ',
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			'content' => '<p>Boston&rsquo;s Japanese food scene got more diverse with the opening in April of Sakabayashi Sushi Tavern, a subsidiary of Japan&rsquo;s largest conveyor-belt sushi chain, Sushiro. The restaurant is the first investment of its parent company, <strong>Food &amp; Life Co.</strong>, in the United States.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-4-Sushiro.jpg" alt="" />
<figcaption class="image-caption">Food &amp; Life Companies USA President Yosuke Tanaka (Source: LinkedIn/Yosue Tanaka)</figcaption>
</figure>
<p>Sakabayashi retained the original restaurant&rsquo;s <em>izakaya </em>style of dining<em>, </em>wherein patrons can eat and drink in a casual setting. With menu items priced from under $10, the restaurant wants to attract a diverse crowd.</p>
<p>&ldquo;Ensuring affordability while providing an authentic Japanese experience to Americans is paramount. Eighty percent of our menu is recreated from Japan. Our raw ingredients are sourced from our global procurement chain,&rdquo; said <strong>Food &amp; Life Companies USA President Yosuke Tanaka.</strong></p>
<p>Although Sakabayashi Sushi Tavern is Food and Life&rsquo;s first foray in the country, the group has many years of international experience. With operations in eight countries, primarily in Asia, Food &amp; Life aims to generate $1.45 billion in overseas revenue by the end of the fiscal year 2026 by opening more conveyor-belt sushi restaurants in the United States.</p>
<p>&ldquo;Our priority is not limited to deploying our existing brand but also to discovering, developing, and expanding new brands and food-services formats through the reinforcement of our competitive advantages in ingredient development, procurement, and supply chain management,&rdquo; said <strong>Food &amp; Life Ltd. President and CEO Koichi Mizutome.</strong></p>
<p>Mizutome&rsquo;s confidence stems from the growing popularity of Japanese cuisine in the United States. In 2023, revenues of sushi restaurants in America grew by 4.5% and are expected to grow further, according to research firm IBIS World.</p>
<p>In the United States, ramen shops are also growing more popular as various Japanese chains, like Fukuoka and Ramen Santouka, plan to open more outlets across the country.</p>',
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			'title' => 'Impostor Syndrome and The Incomplete Leader',
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			'description' => 'Now that everyone's details, accomplishments, and track record are easily fact-checked and reviewed on the internet, there has been a rise in the number of anxiety-riddled executives. The same tool used for work productivity has also been a source of consternation.',
			'credit_id' => '48',
			'image' => null,
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			'url' => 'impostor-syndrome-and-the-incomplete-leader',
			'tags' => 'Leadership, Management, Impostor Syndrome',
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			'content' => '<p>The notion that &ldquo;leaders have to be flawless&rdquo; is starting to disappear. Access to unlimited information, a.k.a. the Internet, should have changed this perception ages ago.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-3-SG-Impostor-Syndrome.jpg" alt="" />
<figcaption class="image-caption">The workplace has evolved to become a more forgiving place for its leaders. (Illustration by Lianne Dominguez)</figcaption>
</figure>
<p>But now that everyone&rsquo;s details, accomplishments, and track record are easily fact-checked and reviewed on the internet, there has been a rise in the number of anxiety-riddled executives. The same tool used for work productivity has also been a source of consternation.</p>
<p>The pressure to have intellectual and interpersonal superiority is at an all-time high. According to the National Library of Medicine, impostor syndrome (IS) is a behavioral health phenomenon described as self-doubt of intellect, skills, or accomplishments among high-achieving individuals. Yes! The seemingly poised manager could be a fa&ccedil;ade.</p>
<p>Despite the tremendous pressure for perfection, an article in Harvard Business Review offers a solution to ease some caffeine-stimulated corporate minds. The authors, in praise of &ldquo;The Incomplete Leader,&rdquo; recommend embracing imperfections to strengthen one&rsquo;s leadership abilities. It also said that organizations were evolving to become more collaborative than hierarchical.</p>
<p>Decisions should often be made in the context of the open economy, therefore as no senior executive has a monopoly on knowledge. The overarching theme was that: Leaders should determine the right colleague to handle areas of their perceived weaknesses.&nbsp;</p>
<p>In fact, four leadership capabilities are developed during this process: sense-making, relating, visioning, and inventing.</p>
<p>Arguably, many teams have adopted the practice of &ldquo;excellence&rdquo; over &ldquo;perfection&rdquo;. The culture of excellence, while forgiving mistakes and considering personal limitations, does not absolve leaders and team members from giving their best.</p>
<p>Accepting the new demands and realities of a hybrid workplace, especially for leaders, will empower and not overwhelm the incomplete leader.</p>',
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			'title' => 'Brewing success: How leadership catapulted Paradox Brewery to new heights',
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			'description' => 'Paradox Brewery President and founder Paul Mrocka is widely credited for driving the New York-based to new levels of success through strategic planning, data-driven decision-making, and effective international partnerships.',
			'credit_id' => '48',
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			'url' => 'brewing-success-how-leadership-catapulted-paradox-brewery-to-new-heights',
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			'content' => '<p><strong>Paradox Brewery President and founder Paul Mrocka </strong>is widely credited for driving the New York-based to new levels of success through strategic planning, data-driven decision-making, and effective international partnerships.</p>
<p>According to Mrocka, data isn't just numbers at Paradox Brewery. It's a roadmap to success.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-3-NYNJ-Paradox-Brewery.jpg" alt="" />
<figcaption class="image-caption">Paradox Brewery President and founder Paul Mrocka</figcaption>
</figure>
<p>In an interview with GMI POST, Mrocka emphasized their reliance on Information Resources, Inc. (IRI) data to understand market trends, consumer preferences, and competitor strategies.</p>
<p>&ldquo;We're very competitive in our prices and a data-driven company. We tell stories with this data that we buy. And we use that data to go to the buyer and talk to them about it,&rdquo; he said.</p>
<p>By leveraging IRI&rsquo;s data, Paradox Brewery gains insights that shape its marketing strategies and product development, ensuring it stays ahead in the fiercely competitive craft beer market.</p>
<p>Paradox Brewery isn't afraid to think big either. </p>
<p>&ldquo;You have to put the time in. You have to show up and get face-to-face with these people because there has to be a degree of comfort on both sides of the arrangement to buy beer from the other side of the planet,&rdquo;<strong> Director of Operations Devon Hamilton </strong>said about plans to expand globally.</p>
<p>By nurturing strong relationships with international partners, Paradox Brewery secures distribution channels and builds a global brand presence, Hamilton also said.</p>
<p>For Paradox Brewery, success isn't just about reacting to market trends but about anticipating and shaping them. Through constant planning and adaptation, the company stays at the forefront of innovation, offering a diverse and appealing portfolio to its customers.</p>
<p>&ldquo;We all sit down, talk about what did well last year, what we think we should bring back for next year, what the upcoming trends are, and argue about what our portfolio will be,&rdquo; Hamilton said.</p>
<p>As Paradox Brewery expands both domestically and internationally, the skills and dedication of its leaders will ensure the New York brand remains a beloved brand in the craft beer industry.</p>',
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			'title' => 'What Cambodia's honey industry can teach businesses ',
			'description_old' => null,
			'description' => 'In 2021, Cambodia's government awarded its first geographic indication (GI) label for the wild honey harvested in Mondulkiri Province. The protected GI label, granted to local products with distinctive regional qualities, has elevated the profile of Cambodian honey on the global stage.',
			'credit_id' => '48',
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			'url' => 'what-cambodias-honey-industry-can-teach-businesses',
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			'content' => '<p>Cambodia&rsquo;s honey industry has experienced steady growth in recent years. In 2021, the government awarded its first geographic indication (GI) label for the wild honey harvested in Mondulkiri Province. The protected GI label, granted to local products with distinctive regional qualities, has elevated the profile of Cambodian honey on the global stage.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-3-CAMB-Honey.jpg" alt="" />
<figcaption class="image-caption">Cambodia Honey Association Executive Director Sem Sreytouch</figcaption>
</figure>
<p>Although varieties like Modulkiri money have been harvested in Cambodia for centuries, efforts to streamline and formalize the industry&rsquo;s value chain are relatively recent and spearheaded by the Cambodia Honey Association (CHA), the main advocacy group representing the sector&rsquo;s stakeholders.</p>
<p>In an interview with GMI POST, CHA underscored the necessary steps to invigorate the industry while providing insight into navigating business in an emerging market landscape.&nbsp;</p>
<p><strong>&nbsp;</strong></p>
<p><span style="font-family: helvetica; font-size: 18pt;"><strong>Collaboration over competition </strong></span></p>
<p><strong>&nbsp;</strong></p>
<p><strong>CHA Executive Director Sem Sreytouch </strong>emphasizes the importance of shifting industry stakeholders&rsquo; mindset from competition to collaboration.</p>
<p>&ldquo;One of our main advocacies is to enact a change in mindset among Cambodian honey growers, apiaries, and other stakeholders in the value chain. A united front is required to elevate the overall standards of the Cambodian honey industry&rdquo; she said.</p>
<p><strong>&nbsp;</strong></p>
<p><span style="font-family: helvetica; font-size: 18pt;"><strong>Prioritize capacity building</strong></span></p>
<p><strong>&nbsp;</strong></p>
<p><strong>Peter Batt, Ph.D of Curtin University,</strong> also a fellow of the International Horticultural Congress, stressed the need for education and capacity-building at the grassroots level in emerging markets like Cambodia.</p>
<p>&ldquo;A key aspect of addressing challenges in Cambodia, particularly within the honey industry, was capacity building of smallholder farmers and empowering those farmers with basic and practical skills to help them grasp what it takes to thrive in trade,&rdquo; he said.</p>
<p><strong>&nbsp;</strong></p>
<p><span style="font-size: 1*pt;"><strong><span style="font-family: helvetica;">Explore untapped resources</span> </strong></span></p>
<p>&nbsp;</p>
<p>CHA also highlighted Cambodia's rich geographic diversity as a wellspring of untapped potential for future GI labels, such as honey from the lesser-known Tonle Sap Lake region. <strong>Dr. Try Yong</strong>, a beekeeping expert and an advisor to the Royal Ministry of Agriculture, underscored Cambodia&rsquo;s abundance of untapped honey collection areas in the rest of the country.</p>
<p>&ldquo;Regions like Tone Sap Lake and the western coasts offer promising opportunities. Despite the vast forests from which much of our honey originates, many areas lack GI certification, signaling significant untapped potential and future business opportunities for our kingdom,&rdquo; he said.</p>',
			'is_published' => true,
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			'section_summary' => 'In 2021, Cambodia's government awarded its first geographic indication (GI) label for the wild honey harvested in Mondulkiri Province. The protected GI label, granted to local products with distinctive regional qualities, has elevated the profile of Cambodian honey on the global stage.',
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			'id' => '545692',
			'title' => 'Wisconsin to give multimillion tax incentive to Kikkoman for new expansion',
			'description_old' => null,
			'description' => 'Kikkoman Foods Inc. has broken ground for its third manufacturing plant in Jefferson County and an expansion to its existing plant in neighboring Walworth County, Wisconsin. To support this fresh investment, the Wisconsin Economic Development Corp. (WEDC) plans to provide the Japanese soy sauce maker up to $15.5 million in performance-based tax credits.',
			'credit_id' => '48',
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			'url' => 'wisconsin-to-give-multimillion-tax-incentive-to-kikkoman-for-new-expansion',
			'tags' => 'US, Japan, Wisconsin, Economic Development, Food',
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			'content' => '<p>Kikkoman Foods Inc. has broken ground for its third manufacturing plant in Jefferson County and an expansion to its existing plant in neighboring Walworth County, Wisconsin. To support this fresh investment, the <strong>Wisconsin Economic Development Corp. (WEDC)</strong> plans to provide the Japanese soy sauce maker up to $15.5 million in performance-based tax credits.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-3-Kikkoman-Wisconsin.jpg" alt="" />
<figcaption class="image-caption">Wisconsin Economic Development Corporation CEO and Secretary Missy Hughes (Source: Milwaukee Business Journal)</figcaption>
</figure>
<p>Kikkoman&rsquo;s expansion in Wisconsin will inject $800 million into the state&rsquo;s economy and create 83 new jobs over the next decade. The Walworth facility, opened in 1973, is the company&rsquo;s highest-producing soy sauce factory globally.</p>
<p>Meanwhile, the plant in Jefferson City is scheduled to start operations in 2026 and will focus on soy sauce-related products, like teriyaki sauce. Aside from enhancing efficiency and scalability, the facility will bolster Kikkoman&rsquo;s sustainability efforts by using renewable energy sources and equipment with lower CO2 emissions.</p>
<p><strong>WEDC Secretary and CEO Missy Hughes</strong> welcomed the announcement: &ldquo;Fifty years ago, Kikkoman made history by choosing Walworth, Wisconsin for its first international brewing plant. Now, by expanding its presence in Jefferson, Kikkoman is opening a new chapter in its history.&rdquo;</p>
<p><strong>Jefferson City Mayor Dale Oppermann</strong> expressed appreciation for Kikkoman&rsquo;s continued trust in the region: &ldquo;Kikkoman&rsquo;s decision to invest in Jefferson underscores the strength and appeal of our local food and beverage niche. We look forward to a long, prosperous partnership.&rdquo;</p>
<p>Meanwhile, <strong>Kikkoman Chair and honorary CEO Yuzauro Mogi </strong>said the company&rsquo;s choice of Wisconsin was rooted in several factors, among them its location, which provided convenient market access, as well as its skilled workforce, easy availability of raw materials, an abundance of clean water, the collaborative spirit of the local community.</p>
<p>&ldquo;We look forward to expanding our footprints in Wisconsin and establishing a supply chain with increased stability in North America,&rdquo; he also said.</p>
<p>Over the past five decades, Kikkoman has transformed rural Wisconsin through partnerships with the local community, donating more than $17 million to charitable organizations.</p>
<p>As one of the first production facilities set up by a Japanese company in the United States, the Walworth plant is seen as a valuable symbol of the close business and cultural partnership between the two countries.</p>
<p>&ldquo;Whether it&rsquo;s providing thousands of jobs, bolstering our economy or providing us and the world with phenomenal soy sauce, Kikkoman is doing good work across Wisconsin and the country. I am grateful for their continued partnership and expansion in Wisconsin,&rdquo; said <strong>Gov. Tony Evers</strong>.</p>',
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			'id' => '545693',
			'title' => 'New York wants more Japanese chipmakers in the state',
			'description_old' => null,
			'description' => 'Empire State Development (ESD), the umbrella organization for New York's two main economic development corporations, wants more Japanese chip industry suppliers to open operations in the state to support the upcoming manufacturing facilities of Micron Technology, the world's fourth-largest semiconductor company.',
			'credit_id' => '48',
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			'url' => 'new-york-wants-more-japanese-chipmakers-in-the-state',
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			'content' => '<p><strong>Empire State Development (ESD)</strong>, the umbrella organization for New York's two main economic development corporations, wants more Japanese chip industry suppliers to open operations in the state to support the upcoming manufacturing facilities of Micron Technology, the world&rsquo;s fourth-largest semiconductor company.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-3-Micron-NY.jpg" alt="" />
<figcaption class="image-caption">Empire State Development President Hope Knight (Source: Empire State Development)</figcaption>
</figure>
<p>&ldquo;Last year, we were able to attract Micron to central New York. With the large investment that Micron is making, $100 billion, we know that we have to build an ecosystem to support that activity. That's why we're here on this mission: to talk to Japanese firms, some of Micron's suppliers, to come and locate in New York,&rdquo; <strong>ESD President Hope Knight</strong> told Nikkei Asia.</p>
<p>While Knight did not name the companies she spoke to during her visit to Japan, she mentioned that some were &ldquo;very excited about the possibility&rdquo; of investing in the state.</p>
<p>Micron, the only memory and storage manufacturer in the United States, has announced plans to build a $100 billion &ldquo;mega fab,&rdquo; which will employ more than 9,000 people, near Syracuse in upstate New York.</p>
<p>Even before the CHIPS and Science Act became federal law in 2022, New York had unveiled its $10 billion program, called Green CHIPS, which offered tax incentives to chip manufacturers. Participants of Green CHIPS can benefit from zero corporate income tax rates and receive tax credits based on their capital spending and research and development expenditures.</p>
<p>&ldquo;We customize a package for you,&rdquo; said Knight, who emphasized that incentives are tailored based on various factors, like the number of jobs created and size of investment.</p>
<p>The ESD president highlighted the importance of bringing back chip manufacturing to the United States, citing national security concerns and geopolitical trends, and underscored New York's manufacturing legacy and its readiness to revive its manufacturing sector.</p>
<p>New York has prioritized chip manufacturing as a key industry for economic growth. Apart from IBM, 75 other semiconductor-related companies have made new investments in the state. And since the introduction of Green CHIPS, total investments have reached $112 billion.</p>
<p>On concerns surrounding the high cost of living and labor costs associated with New York City, Knight said that cities in upstate New York, such as Albany, Syracuse, Rochester and Buffalo, offer affordability and have cheaper sources of clean power.</p>
<p>As head of ESD, Knight works closely with Gov. Kathy Hochul in developing the state economy through various measures like financing, subsidies, and tax breaks. As of 2022, ESD has been involved in at least 190 projects.</p>',
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			'id' => '545694',
			'title' => 'Toyota unveils $1.4 billion investment in Indiana to make more electric vehicles',
			'description_old' => null,
			'description' => 'Toyota, the world's largest automaker, has announced a $1.4 billion expansion of its factory in the U.S. state of Indiana to produce electric vehicles (EVs) starting in 2026. With the new expansion, Toyota Motor Manufacturing Indiana will become the company's second EV production facility in the United States.',
			'credit_id' => '48',
			'image' => null,
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			'url' => 'toyota-unveils-14-billion-investment-in-indiana-to-make-more-electric-vehicles',
			'tags' => 'US, Japan, Indiana, Electric Vehicles',
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			'content' => '<p>Toyota, the world&rsquo;s largest automaker, has announced a $1.4 billion expansion of its factory in the U.S. state of Indiana to produce electric vehicles (EVs) starting in 2026. With the new expansion, Toyota Motor Manufacturing Indiana will become the company&rsquo;s second EV production facility in the United States.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-3-Toyota-EVs.jpg" alt="" />
<figcaption class="image-caption">Toyota Motor Manufacturing Indiana President Tim Hollander (Source: PR Newswire)</figcaption>
</figure>
<p>According to Nikkei Asia, the investment will create 340 new high-quality jobs and increase the company&rsquo;s total number of employees in Indiana to around 8,000. The expansion also raises</p>
<p>Toyota&rsquo;s total investment in the state to $8 billion, Green Car Congress reported. <br /><br />Toyota&rsquo;s decision to increase EV production comes amid a surge in demand for its hybrid models, said CBT News.</p>
<p>In April, Toyota reported record annual sales for the fiscal year ending in March, surpassing the 10 million-unit mark for the first time. Its hybrid models have played a major role in growing the company&rsquo;s market share over the past year.</p>
<p>Toyota&rsquo;s only other EV factory in the United States is in Kentucky. The facility Georgetown is due to begin operations next year.</p>
<p>"Since 2021, Toyota has announced new investments totaling $18.6 billion into its U.S. manufacturing operations to support electrification efforts," the company said.</p>',
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	(int) 7 => array(
		'Articles' => array(
			'id' => '545689',
			'title' => 'Singapore: A fertile ground for Edtech ',
			'description_old' => null,
			'description' => 'Globally, education technology (Edtech) is a rapidly growing sector. According to Precision Report's EdTech Market Research Report 2024, the global Edtech market size was valued at $115 billion in 2021 and is expected to reach $467 billion by 2027. ',
			'credit_id' => '48',
			'image' => null,
			'image_caption' => null,
			'url' => 'singapore-a-fertile-ground-for-edtech',
			'tags' => 'Japan, Singapore, Education',
			'is_rss' => false,
			'rss_url' => null,
			'content_old' => null,
			'content' => '<p>Globally, education technology (Edtech) is a rapidly growing sector. According to Precision Report&rsquo;s EdTech Market Research Report 2024, the global Edtech market size was valued at $115 billion in 2021 and is expected to reach $467 billion by 2027.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-2-SG-Education.jpg" alt="" />
<figcaption class="image-caption">Starting them young: Singapore's education system has gained admiration from around the world.</figcaption>
</figure>
<p>Singapore has stood out as one of the most fertile grounds for the sector&rsquo;s growth. The origins of Singapore&rsquo;s thriving Edtech sector can be traced back to 2014, when the country&rsquo;s national government enacted its Smart Nation initiative, which required schools to incorporate innovation and technology in the daily lives of Singaporean families.</p>
<p>According to UNESCO, the challenge for schools was to create meaningful learning experiences that reflected such integration, which meant that highly qualified faculty must constantly be engaged in research and innovation. Otherwise, how can one teach about advancements while experiencing none?</p>
<p>Since the enactment of the Smart Nation initiative, there have been more than 790 Edtech startups launched in Singapore. Today, the government continues to invest heavily in training its future labor pool. <br /><br />Aside from encouraging life-long learning, the city-state&rsquo;s government has also rolled out other initiatives to boost the growth of Edtech in Singapore, like an ICT masterplan, infrastructure upgrades, accelerator programs, increased connectivity in schools, and access to learning resources and opportunities for collaborations for schools and startups.</p>
<p>Those looking to start or invest in an Edtech venture will reap many benefits by betting on Singapore.</p>',
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			'id' => '545690',
			'title' => 'Columbia University seeks closer partnerships with Japan ',
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			'description' => 'The Japan Study Student Association at Columbia University's School of International and Public Affairs organized a visit to Japan in March to allow some of its members to learn more about the country's government, people, culture, and food.',
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			'content' => '<p>The Japan Study Student Association at <strong>Columbia University&rsquo;s School of International and Public Affairs </strong>organized a visit to Japan in March to allow some of its members to learn more about the country&rsquo;s government, people, culture, and food.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-2-NYNJ-JASSA-Education.jpg" alt="" />
<figcaption class="image-caption">JASSA representatives during their Japan trip</figcaption>
</figure>
<p>&ldquo;The Japan trip was a phenomenal opportunity not only from a career development perspective but also from a personal development perspective,&rdquo; JASSA Representative Daniel Alvarez said in an article posted on SIPA&rsquo;s website.</p>
<p>&ldquo;Speaking with top politicians, participating in cultural ceremonies, learning about critical events in Japan&rsquo;s history, experiencing the excellent cuisine, and enjoying the nightlife with new friends made for a very well-rounded trip and once-in-a-lifetime experience,&rdquo; Alvarez added.</p>
<p>For SIPA students who want to join future Japan trips, Alvarez encouraged fellow members to attend upcoming JASSA events so they can express their interest to the organizers. The trip was just one of many events of SIPA to bolster U.S.-Japan cooperation.</p>
<p>In June 2023<strong>, SIPA Dean Keren Yarhi-Milo</strong> visited the University of Tokyo's Graduate School of Public Policy, a fellow member of the Global Public Policy Network, where she held pivotal discussions to enhance cross-cultural exchange. <br /><br />In interviews with local media, including Nikkei Asia and TV Tokyo, Yarhi-Milo highlighted SIPA's commitment to integrating Japanese perspectives within its academic community.</p>
<p>&ldquo;We want our students and our faculty to be involved and engaged with Japan,&rdquo; said Yarhi-Milo as she recognized the country&rsquo;s significant economic and strategic influence in East Asia.</p>',
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			'title' => '3 reasons Japan-Cambodia education partnerships are thriving',
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			'description' => 'As Cambodia and Japan commemorate 70 years of diplomatic relations, the two nations look forward to a new era in their partnership as they seek fresh fields of collaboration. More and more Japanese recognize Cambodia's untapped potential and hope to play a role in the development of its population.',
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			'content' => '<p>As Cambodia and Japan commemorate 70 years of diplomatic relations, the two nations look forward to a new era in their partnership as they seek fresh fields of collaboration. More and more Japanese recognize Cambodia&rsquo;s untapped potential and hope to play a role in the development of its population.</p>
<p>For instance, the increased prominence of the <strong>Institute of Technology of Cambodia </strong>among the expatriate population reveals three key reasons Cambodia&rsquo;s educational landscape has attracted the attention of the Japanese community.</p>
<p>&nbsp;</p>
<p><span style="font-family: helvetica; font-size: 16pt;"><strong>The population is young, growing and mobile</strong></span></p>
<p>&nbsp;</p>
<p>CiteSeerX reports that nearly 70% of Cambodians are 29-years old and younger. <br /><br />&ldquo;Among Cambodia&rsquo;s younger generation, the literacy rate is reported to be quite high because of increasing opportunities for education. The gender gap among young adults is not so substantial, although some age group differences exist,&rdquo; Japan International Cooperation Agency said in its 2023 Country Study.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-2-CAMB-Japan-Education.jpg" alt="" />
<figcaption class="image-caption">Institute of Technology of Cambodia Rector Dr. Po Kimtho (left) and Kanazawa University President Takashi Wada (right)</figcaption>
</figure>
<p>&ldquo;This implies that very well-targeted literacy education by age, sex, geography, time of the class, and contents of the class will likely bring about significant domestic and foreign partnerships in Cambodia&rsquo;s education sector,&rdquo; the study added.An example of such a partnership is that between ITC and Panasonic Cambodia. ITC is one of only two institutions in the kingdom to receive scholarships from Panasonic Cambodia, the local subsidiary of Japanese tech giant Panasonic Group. Panasonic Cambodia Country Head Yosunoby Matsumoto said the initiative will be a means to &ldquo;maximize workforce potential, fostering growth, and nurturing the next generation of leaders.&rdquo;</p>
<p>According to Matsumoto, Panasonic Cambodia recognizes the talented local science and technology students and continues to invest in their capacity building to develop the next generation of technology business leaders that will allow them to participate in a global economy.</p>
<p><strong>&nbsp;</strong></p>
<p><span style="font-size: 16pt;"><strong><span style="font-family: helvetica;">It is open to international collaboration</span> </strong></span></p>
<p>&nbsp;</p>
<p>Cambodia is home to more than 128 higher education institutions, at least 45 of which (including ITC) have active international partnerships with universities and organizations abroad. ITC&rsquo;s outreach activities have helped position itself as an ideal partner for Japanese ventures.</p>
<p>Last year, the deputy director of ITC, along with six other academic delegates, visited the Tokyo Institute of Technology (Tokyo Tech), to partake in the training course &ldquo;Project for Strengthening Engineering Education and Research for Industrial Development in Cambodia,&rdquo; organized by JICA.</p>
<p>Subsequently, JICA formalized an agreement with ITC to strengthen engineering education and research in industrial development in Cambodia</p>
<p>&nbsp;</p>
<p><span style="font-family: helvetica; font-size: 16pt;"><strong>A growing vocationally and technically proficient workforce</strong></span></p>
<p>&nbsp;</p>
<p>&ldquo;Strengthening technical and vocational training is pivotal to attracting Japanese investment in Cambodia,&rdquo; said Labor and Vocational Training Minister Heng Sour, who urged JICA to persist in developing human resources in these domains, a statement that JICA President Sanui Kazumasa agreed with.</p>
<p>ITC, a partner of JICA, produces approximately 3,700 undergraduate and graduate students specializing in science, technology, and engineering.</p>',
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			'id' => '545686',
			'title' => 'Japan's JERA and Inpex to invest in separate U.S. ammonia projects',
			'description_old' => null,
			'description' => 'To bolster Japan's clean energy initiatives, two major Japanese energy companies, JERA and Inpex, are preparing to invest in separate projects in the United States that will produce ammonia for clean-burning power generation in Japan, Nikkei Asia reports. ',
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			'url' => 'japans-jera-and-inpex-to-invest-in-separate-us-ammonia-projects',
			'tags' => 'US, Japan, Investment, Green Energy',
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			'content' => '<p>To bolster Japan's clean energy initiatives, two major Japanese energy companies,<strong> JERA</strong> and <strong>Inpex</strong>, are preparing to invest in separate projects in the United States that will produce ammonia for clean-burning power generation in Japan, Nikkei Asia reports.</p>
<figure class="image-container floated-right" style="float: right;"><img class="align-right" src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-2-JERA-and-Inpex.jpg" alt="" />
<figcaption class="image-caption">Inpex President Takayuki Ueda</figcaption>
</figure>
<p><strong>JERA Global CEO and Chair Yukio Kani </strong>and<strong> Inpex President Takayuki Ueda</strong> confirmed the investments with local U.S. media at the CERAWeek 2024 energy industry conference held in Houston, Texas.</p>
<p>JERA, a joint venture between Tokyo Electric Power and Chubu Electric Power, announced its partnership with Oklahoma-based green energy company, Greenfield Energy. Together, they will build a facility in Louisiana to produce green ammonia using renewable energy sources.</p>
<p>Kani also confirmed to media that JERA will hire more people at its U.S. arm, aiming to expand the workforce by 30% after a year to around 250 employees.</p>
<p>On the other hand, Inpex, a leading oil and gas exploration and production company, is exploring opportunities in Texas to establish its own ammonia production facility.</p>
<p>According to Nikkei Asia, Inpex plans to produce 1.1 million tons of ammonia annually in Houston by 2027.</p>
<p>The investments by JERA and Inpex mark significant milestones in Japan's quest for cleaner energy alternatives.</p>',
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			'content' => '<p>To promote Japanese contribution to the United States&rsquo; investment landscape, <strong>Prime Minister Fumio Kishida</strong> visited North Carolina in April to tour the site of Toyota Motor Corp.&rsquo;s electric and hybrid battery plant in the city of Greensboro.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-2-Kishida-Visit-to-NC.jpg" alt="" />
<figcaption class="image-caption">Japanese Prime Minister Fumio Kishida (center) visits Toyota's EV battery plant being built in North Carolina. (Photo source: Nikkei Asia)</figcaption>
</figure>
<p>Kishida&rsquo;s visit marked a historic moment in U.S.-Japan relations because it was the first time since 1891 that a foreign head of state visited the governor&rsquo;s mansion and the first time in a decade that a Japanese prime minister visited the state.</p>
<p>&ldquo;I am honored to be here in North Carolina to showcase the multilayered and strong ties between the United States and Japan,&rdquo; Kishida told guests at the luncheon at the state governor&rsquo;s mansion. He also lauded North Carolina for being a state &ldquo;at the forefront of the times.&rdquo;</p>
<p>Japan remains North Carolina&rsquo;s largest foreign direct investor, employing over 30,000 people in over 200 Japanese companies.</p>
<p>According to the Environmental Defense Fund, North Carolina leads all U.S. states in electric vehicle (EV) investment, attracting over $19 billion in the past year. This is attributed to its world-class infrastructure, skilled workforce, and favorable local policies.</p>
<p>Capitalizing on that environment, Japanese automakers have expanded their EV production capacity in the state. Toyota invested an additional $8 billion in its Greensboro battery plant, raising its total capital investment to around $14 billion and generating more than 5,000 new jobs.</p>
<p>Chiaki Takagi, a Japanese studies lecturer at the University of North Carolina Greensboro, highlighted the significance of Kishida&rsquo;s visit: &ldquo;This whole thing will provide the area with opportunities to be engaged in very active cultural exchange between Japan and the U.S.&rdquo;</p>',
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			'title' => 'Renowned U.S. chip designer wants to end Nvidia's global dominance',
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			'description' => 'Tenstorrent CEO Jim Keller, who worked for Intel, AMD and Tesla, said in an interview with Nikkei Asia that he wants to lower the price of AI applications by designing chips that are more efficient than Nvidia's and, in the process, end the American giant's global market dominance.',
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			'content' => '<p><strong>Tenstorrent CEO Jim Keller</strong>, who worked for Intel, AMD and Tesla, said in an interview with Nikkei Asia that he wants to lower the price of AI applications by designing chips that are more efficient than Nvidia's and, in the process, end the American giant&rsquo;s global market dominance.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-13-Tenstorrent.jpg" alt="" />
<figcaption class="image-caption">Tenstorrent CEO Jim Keller (Photo source: Tenstorrent)</figcaption>
</figure>
<p>Headquartered in Toronto, Tenstorrent has offices in Austin, Texas and Santa Clara, California, as well as in Belgrade, Tokyo, Bangalore, and Seoul. The company claims to be developing AI processors that perform as efficiently as Nvidia's AI GPUs but at a lower cost.</p>
<p>At present, Nvidia is the global market leader when it comes to AI chips. Its AI accelerators command between 70% and 95% of the global market share, according to CNBC.</p>
<p>Keller also said in the interview that Tenstorrent hopes to sell its second-generation multipurpose AI chip by the end of this year.</p>
<p>According to Keller, Tenstorrent can achieve its objective because it does not use high-bandwidth memory (HBM), a popular type of advanced memory chip capable of transferring large amounts of data quickly. HBM is a vital component for generative AI chips and has played a significant role in the success of Nvidia's offerings.</p>
<p>But Keller pointed out that HBM was also one of the culprits behind the massive energy consumption and high prices of AI chips.</p>
<p>"Even the people that use HBM struggle with the cost of it, [and] the design time to build it,&rdquo; 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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			'id' => '545757',
			'title' => 'ITOCHU to take part in Taiwan's smart city project ',
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			'description' => 'Tokyo-based trading giant ITOCHU secured a contract to develop and test AI systems that will help run the transportation network and energy infrastructure of a future smart city project in southern Taiwan, according to a company press release.',
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			'content' => '<p>Tokyo-based trading giant <strong>ITOCHU</strong> secured a contract to develop and test AI systems that will help run the transportation network and energy infrastructure of a future smart city project in southern Taiwan, according to a company press release.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-13-ITOCHU-Taiwan.jpg" alt="" />
<figcaption class="image-caption">ITOCHU plans to roll out AI-powered buses for Taiwan's new smart city project in Tainan. (Photo source: Nikkei Asia)</figcaption>
</figure>
<p>ITOCHU outbid other parties interested in the Integrated Development Project for Shalun Smart Green Energy Science City located in Tainan. The early-stage contract, according to Nikkei Asia, is worth around $332,000 (10.8 million New Taiwan dollars).</p>
<p>According to ITOCHU, the goal is to test its AI systems on a trial basis by the end of October. This is the first time the trading house has officially participated in an overseas smart city project.</p>
<p>The Taiwanese government also announced plans to earmark an additional $306.9 million (or 10 billion NTD) to develop the country&rsquo;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>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-13-Melexis.jpg" alt="" />
<figcaption class="image-caption">Melexis' new 70 million-euro facility in Kuching is a nod to the local architectural design. (Photo source: Melexis)</figcaption>
</figure>
<p>Wafer testing is part of the manufacturing process wherein all individual integrated circuits are checked for functional defects through special test patterns.</p>
<p>According to Melexis, its expansion in Malaysia is a strategic move to streamline logistics and reduce its ecological footprint. Additionally, it selected Kuching because of its diverse, multilingual, entrepreneurial and highly skilled workforce.</p>
<p><strong>Melexis CEO Marc Biron </strong>said, &ldquo;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.&rdquo;</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&rsquo;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>&ldquo;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,&rdquo; <strong>Sarawak&rsquo;s Ministry of International Trade, Industry and Investment </strong>said in a statement<strong>.</strong></p>
<p>&ldquo;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,&rdquo; the statement also said.</p>',
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			'title' => 'ITOCHU invests in U.S. hydrogen aircraft engine maker ZeroAvia',
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			'description' => 'Japanese trading giant ITOCHU announced this month it had invested in ZeroAvia, a British-American maker of hydrogen-electric engines for aircraft, according to a company statement.',
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			'content' => '<p>Japanese trading giant <strong>ITOCHU</strong> announced this month it had invested in <strong>ZeroAvia</strong>, a British-American maker of hydrogen-electric engines for aircraft, according to a company statement.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-13-Itochu-ZeroAvia.jpg" alt="" />
<figcaption class="image-caption">An aircraft powered by ZeroAvia's hydrogen-electric engines (Photo source: ZeroAvia)</figcaption>
</figure>
<p>Founded in 2018, ZeroAvia describes itself as &ldquo;a team of passionate innovators dedicated to bringing safe, zero-emission flight to aviation.&rdquo; The company claims its hydrogen-electric propulsion systems are &ldquo;the most environmentally friendly and economically attractive solution to aviation&rsquo;s growing climate change impact.&rdquo;</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&rsquo;s long-term goal of helping save the planet by decarbonizing the aviation industry.</p>',
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			'title' => 'Virginia is named the best U.S. state for business',
			'description_old' => null,
			'description' => 'For the third time in the last five years, Virginia was ranked America's Top State for Business in 2024 by CNBC, which cited the state for having the best public schools in the country. It grabbed the top spot in 2007, 2009, 2011, 2019, and 2021.',
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			'content' => '<p>For the third time in the last five years,<strong> Virginia</strong> was ranked America&rsquo;s Top State for Business in 2024 by CNBC, which cited the state for having the best public schools in the country. It grabbed the top spot in 2007, 2009, 2011, 2019, and 2021.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-13-Virginia.jpg" alt="" />
<figcaption class="image-caption">Fairfax County Economic Development Authority President and CEO Victor Hoskins (Photo source: Fairfax County Economic Development Authority)</figcaption>
</figure>
<p>&ldquo;Congratulations to Virginia on being named America&rsquo;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,&rdquo; 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&rsquo;s 10 categories this year, &ldquo;a rare feat,&rdquo; 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&rsquo;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&rsquo;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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			'description' => 'The U.S. subsidiary of Japanese group FANUC, one of the world's largest makers of industrial robots, has opened a $110 million facility in Michigan to store, sell and maintain made-in-Japan industrial robots for North American customers, according to a statement from FANUC America.',
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			'content' => '<p>The U.S. subsidiary of Japanese group <strong>FANUC</strong>, one of the world&rsquo;s largest makers of industrial robots, has opened a $110 million facility in Michigan to store, sell and maintain made-in-Japan industrial robots for North American customers, according to a statement from FANUC America.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-13-FANUC.jpg" alt="" />
<figcaption class="image-caption">Michigan Gov. Gretchen Whitmer (center) with senior officers of FANUC America at its West Campus. (Photo source: FANUC America)</figcaption>
</figure>
<p>The new 650,000-square-foot facility was inaugurated on July 10 and is located in FANUC America&rsquo;s West Campus in Auburn Hills, Michigan. The expansion increases the company&rsquo;s footprint in Michigan to over 2 million square feet and is part of FANUC America&rsquo;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,&rdquo; <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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			'title' => 'NY-based AI med tech startup raises $50 million',
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			'description' => 'K Health, a leading AI-driven primary care company that provides 24/7 virtual primary care solutions through its mobile app, announced this month that it had raised $50 million in funding led by Claure Group with participation from investors, including Pablo Legorreta (founder and CEO of Royalty Pharma) and Mangrove Capital Partners, Valor Equity Partners, and Atreides Management.',
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			'content' => '<p><strong>K Health</strong>, a leading AI-driven primary care company that provides 24/7 virtual primary care solutions through its mobile app, announced this month that it had raised $50 million in funding led by Claure Group with participation from investors, including Pablo Legorreta (founder and CEO of Royalty Pharma) and Mangrove Capital Partners, Valor Equity Partners, and Atreides Management.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-12-NYNJ-K-Health-Alan-Bloch.jpg" alt="" />
<figcaption class="image-caption">K Health founder and CEO Allon Bloch (Photo source: K Health)</figcaption>
</figure>
<p>K Health said in the same statement that it had been developing its own AI technology for more than seven years. Today, it can provide 24/7 virtual primary care solutions to millions of people in the United States.</p>
<p>The K Health platform includes clinical-grade medical chat and AI predictive models based on large datasets to help physicians optimize diagnosis and treatment and focus on patient care.</p>
<p>Instead of doctors taking patients through lengthy procedures and manually piecing together their medical history from electronic medical records, K Health allows healthcare providers to engage more quickly and closely with patients by giving them a complete medical chart with patient insights straight from the app.</p>
<p>According to K Health, this new model of care delivery achieves dramatically higher quality of care at lower costs compared to traditional primary care.</p>
<p>&ldquo;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,&rdquo; explained<strong> K Health founder and CEO Allon Bloch.</strong></p>
<p>&ldquo;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,&rdquo; 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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			'title' => 'Canadian group seeks more investment opportunities in Cambodia',
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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>
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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>&ldquo;Shim&rsquo;s visit will further contribute to the promotion of trade relations between Cambodia and Canada,&rdquo; 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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<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&rsquo;s only pediatric kidney and liver transplant program.</p>',
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		'description' => 'Empire State Development (ESD), the umbrella organization for New York's two main economic development corporations, wants more Japanese chip industry suppliers to open operations in the state to support the upcoming manufacturing facilities of Micron Technology, the world's fourth-largest semiconductor company.',
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		'content' => '<p><strong>Empire State Development (ESD)</strong>, the umbrella organization for New York's two main economic development corporations, wants more Japanese chip industry suppliers to open operations in the state to support the upcoming manufacturing facilities of Micron Technology, the world&rsquo;s fourth-largest semiconductor company.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-3-Micron-NY.jpg" alt="" />
<figcaption class="image-caption">Empire State Development President Hope Knight (Source: Empire State Development)</figcaption>
</figure>
<p>&ldquo;Last year, we were able to attract Micron to central New York. With the large investment that Micron is making, $100 billion, we know that we have to build an ecosystem to support that activity. That's why we're here on this mission: to talk to Japanese firms, some of Micron's suppliers, to come and locate in New York,&rdquo; <strong>ESD President Hope Knight</strong> told Nikkei Asia.</p>
<p>While Knight did not name the companies she spoke to during her visit to Japan, she mentioned that some were &ldquo;very excited about the possibility&rdquo; of investing in the state.</p>
<p>Micron, the only memory and storage manufacturer in the United States, has announced plans to build a $100 billion &ldquo;mega fab,&rdquo; which will employ more than 9,000 people, near Syracuse in upstate New York.</p>
<p>Even before the CHIPS and Science Act became federal law in 2022, New York had unveiled its $10 billion program, called Green CHIPS, which offered tax incentives to chip manufacturers. Participants of Green CHIPS can benefit from zero corporate income tax rates and receive tax credits based on their capital spending and research and development expenditures.</p>
<p>&ldquo;We customize a package for you,&rdquo; said Knight, who emphasized that incentives are tailored based on various factors, like the number of jobs created and size of investment.</p>
<p>The ESD president highlighted the importance of bringing back chip manufacturing to the United States, citing national security concerns and geopolitical trends, and underscored New York's manufacturing legacy and its readiness to revive its manufacturing sector.</p>
<p>New York has prioritized chip manufacturing as a key industry for economic growth. Apart from IBM, 75 other semiconductor-related companies have made new investments in the state. And since the introduction of Green CHIPS, total investments have reached $112 billion.</p>
<p>On concerns surrounding the high cost of living and labor costs associated with New York City, Knight said that cities in upstate New York, such as Albany, Syracuse, Rochester and Buffalo, offer affordability and have cheaper sources of clean power.</p>
<p>As head of ESD, Knight works closely with Gov. Kathy Hochul in developing the state economy through various measures like financing, subsidies, and tax breaks. As of 2022, ESD has been involved in at least 190 projects.</p>',
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Notice (8): Undefined index: SpecialFeature [APP/View/Featuresite/upcomingfeaturelist.ctp, line 53]
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			'description' => 'Boston's Japanese food scene got more diverse with the opening in April of Sakabayashi Sushi Tavern, a subsidiary of Japan's largest conveyor-belt sushi chain, Sushiro. The restaurant is the first investment of its parent company, Food & Life Co., in the United States. ',
			'credit_id' => '48',
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			'content' => '<p>Boston&rsquo;s Japanese food scene got more diverse with the opening in April of Sakabayashi Sushi Tavern, a subsidiary of Japan&rsquo;s largest conveyor-belt sushi chain, Sushiro. The restaurant is the first investment of its parent company, <strong>Food &amp; Life Co.</strong>, in the United States.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-4-Sushiro.jpg" alt="" />
<figcaption class="image-caption">Food &amp; Life Companies USA President Yosuke Tanaka (Source: LinkedIn/Yosue Tanaka)</figcaption>
</figure>
<p>Sakabayashi retained the original restaurant&rsquo;s <em>izakaya </em>style of dining<em>, </em>wherein patrons can eat and drink in a casual setting. With menu items priced from under $10, the restaurant wants to attract a diverse crowd.</p>
<p>&ldquo;Ensuring affordability while providing an authentic Japanese experience to Americans is paramount. Eighty percent of our menu is recreated from Japan. Our raw ingredients are sourced from our global procurement chain,&rdquo; said <strong>Food &amp; Life Companies USA President Yosuke Tanaka.</strong></p>
<p>Although Sakabayashi Sushi Tavern is Food and Life&rsquo;s first foray in the country, the group has many years of international experience. With operations in eight countries, primarily in Asia, Food &amp; Life aims to generate $1.45 billion in overseas revenue by the end of the fiscal year 2026 by opening more conveyor-belt sushi restaurants in the United States.</p>
<p>&ldquo;Our priority is not limited to deploying our existing brand but also to discovering, developing, and expanding new brands and food-services formats through the reinforcement of our competitive advantages in ingredient development, procurement, and supply chain management,&rdquo; said <strong>Food &amp; Life Ltd. President and CEO Koichi Mizutome.</strong></p>
<p>Mizutome&rsquo;s confidence stems from the growing popularity of Japanese cuisine in the United States. In 2023, revenues of sushi restaurants in America grew by 4.5% and are expected to grow further, according to research firm IBIS World.</p>
<p>In the United States, ramen shops are also growing more popular as various Japanese chains, like Fukuoka and Ramen Santouka, plan to open more outlets across the country.</p>',
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			'title' => 'Impostor Syndrome and The Incomplete Leader',
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			'description' => 'Now that everyone's details, accomplishments, and track record are easily fact-checked and reviewed on the internet, there has been a rise in the number of anxiety-riddled executives. The same tool used for work productivity has also been a source of consternation.',
			'credit_id' => '48',
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			'content' => '<p>The notion that &ldquo;leaders have to be flawless&rdquo; is starting to disappear. Access to unlimited information, a.k.a. the Internet, should have changed this perception ages ago.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-3-SG-Impostor-Syndrome.jpg" alt="" />
<figcaption class="image-caption">The workplace has evolved to become a more forgiving place for its leaders. (Illustration by Lianne Dominguez)</figcaption>
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<p>But now that everyone&rsquo;s details, accomplishments, and track record are easily fact-checked and reviewed on the internet, there has been a rise in the number of anxiety-riddled executives. The same tool used for work productivity has also been a source of consternation.</p>
<p>The pressure to have intellectual and interpersonal superiority is at an all-time high. According to the National Library of Medicine, impostor syndrome (IS) is a behavioral health phenomenon described as self-doubt of intellect, skills, or accomplishments among high-achieving individuals. Yes! The seemingly poised manager could be a fa&ccedil;ade.</p>
<p>Despite the tremendous pressure for perfection, an article in Harvard Business Review offers a solution to ease some caffeine-stimulated corporate minds. The authors, in praise of &ldquo;The Incomplete Leader,&rdquo; recommend embracing imperfections to strengthen one&rsquo;s leadership abilities. It also said that organizations were evolving to become more collaborative than hierarchical.</p>
<p>Decisions should often be made in the context of the open economy, therefore as no senior executive has a monopoly on knowledge. The overarching theme was that: Leaders should determine the right colleague to handle areas of their perceived weaknesses.&nbsp;</p>
<p>In fact, four leadership capabilities are developed during this process: sense-making, relating, visioning, and inventing.</p>
<p>Arguably, many teams have adopted the practice of &ldquo;excellence&rdquo; over &ldquo;perfection&rdquo;. The culture of excellence, while forgiving mistakes and considering personal limitations, does not absolve leaders and team members from giving their best.</p>
<p>Accepting the new demands and realities of a hybrid workplace, especially for leaders, will empower and not overwhelm the incomplete leader.</p>',
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			'title' => 'Brewing success: How leadership catapulted Paradox Brewery to new heights',
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			'description' => 'Paradox Brewery President and founder Paul Mrocka is widely credited for driving the New York-based to new levels of success through strategic planning, data-driven decision-making, and effective international partnerships.',
			'credit_id' => '48',
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			'url' => 'brewing-success-how-leadership-catapulted-paradox-brewery-to-new-heights',
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			'content' => '<p><strong>Paradox Brewery President and founder Paul Mrocka </strong>is widely credited for driving the New York-based to new levels of success through strategic planning, data-driven decision-making, and effective international partnerships.</p>
<p>According to Mrocka, data isn't just numbers at Paradox Brewery. It's a roadmap to success.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-3-NYNJ-Paradox-Brewery.jpg" alt="" />
<figcaption class="image-caption">Paradox Brewery President and founder Paul Mrocka</figcaption>
</figure>
<p>In an interview with GMI POST, Mrocka emphasized their reliance on Information Resources, Inc. (IRI) data to understand market trends, consumer preferences, and competitor strategies.</p>
<p>&ldquo;We're very competitive in our prices and a data-driven company. We tell stories with this data that we buy. And we use that data to go to the buyer and talk to them about it,&rdquo; he said.</p>
<p>By leveraging IRI&rsquo;s data, Paradox Brewery gains insights that shape its marketing strategies and product development, ensuring it stays ahead in the fiercely competitive craft beer market.</p>
<p>Paradox Brewery isn't afraid to think big either. </p>
<p>&ldquo;You have to put the time in. You have to show up and get face-to-face with these people because there has to be a degree of comfort on both sides of the arrangement to buy beer from the other side of the planet,&rdquo;<strong> Director of Operations Devon Hamilton </strong>said about plans to expand globally.</p>
<p>By nurturing strong relationships with international partners, Paradox Brewery secures distribution channels and builds a global brand presence, Hamilton also said.</p>
<p>For Paradox Brewery, success isn't just about reacting to market trends but about anticipating and shaping them. Through constant planning and adaptation, the company stays at the forefront of innovation, offering a diverse and appealing portfolio to its customers.</p>
<p>&ldquo;We all sit down, talk about what did well last year, what we think we should bring back for next year, what the upcoming trends are, and argue about what our portfolio will be,&rdquo; Hamilton said.</p>
<p>As Paradox Brewery expands both domestically and internationally, the skills and dedication of its leaders will ensure the New York brand remains a beloved brand in the craft beer industry.</p>',
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			'section_summary' => 'Paradox Brewery President and founder Paul Mrocka is widely credited for driving the New York-based to new levels of success through strategic planning, data-driven decision-making, and effective international partnerships.',
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			'id' => '545697',
			'title' => 'What Cambodia's honey industry can teach businesses ',
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			'description' => 'In 2021, Cambodia's government awarded its first geographic indication (GI) label for the wild honey harvested in Mondulkiri Province. The protected GI label, granted to local products with distinctive regional qualities, has elevated the profile of Cambodian honey on the global stage.',
			'credit_id' => '48',
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			'url' => 'what-cambodias-honey-industry-can-teach-businesses',
			'tags' => 'Cambodia, Leadership, Management, Agriculture, Honey',
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			'content' => '<p>Cambodia&rsquo;s honey industry has experienced steady growth in recent years. In 2021, the government awarded its first geographic indication (GI) label for the wild honey harvested in Mondulkiri Province. The protected GI label, granted to local products with distinctive regional qualities, has elevated the profile of Cambodian honey on the global stage.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-3-CAMB-Honey.jpg" alt="" />
<figcaption class="image-caption">Cambodia Honey Association Executive Director Sem Sreytouch</figcaption>
</figure>
<p>Although varieties like Modulkiri money have been harvested in Cambodia for centuries, efforts to streamline and formalize the industry&rsquo;s value chain are relatively recent and spearheaded by the Cambodia Honey Association (CHA), the main advocacy group representing the sector&rsquo;s stakeholders.</p>
<p>In an interview with GMI POST, CHA underscored the necessary steps to invigorate the industry while providing insight into navigating business in an emerging market landscape.&nbsp;</p>
<p><strong>&nbsp;</strong></p>
<p><span style="font-family: helvetica; font-size: 18pt;"><strong>Collaboration over competition </strong></span></p>
<p><strong>&nbsp;</strong></p>
<p><strong>CHA Executive Director Sem Sreytouch </strong>emphasizes the importance of shifting industry stakeholders&rsquo; mindset from competition to collaboration.</p>
<p>&ldquo;One of our main advocacies is to enact a change in mindset among Cambodian honey growers, apiaries, and other stakeholders in the value chain. A united front is required to elevate the overall standards of the Cambodian honey industry&rdquo; she said.</p>
<p><strong>&nbsp;</strong></p>
<p><span style="font-family: helvetica; font-size: 18pt;"><strong>Prioritize capacity building</strong></span></p>
<p><strong>&nbsp;</strong></p>
<p><strong>Peter Batt, Ph.D of Curtin University,</strong> also a fellow of the International Horticultural Congress, stressed the need for education and capacity-building at the grassroots level in emerging markets like Cambodia.</p>
<p>&ldquo;A key aspect of addressing challenges in Cambodia, particularly within the honey industry, was capacity building of smallholder farmers and empowering those farmers with basic and practical skills to help them grasp what it takes to thrive in trade,&rdquo; he said.</p>
<p><strong>&nbsp;</strong></p>
<p><span style="font-size: 1*pt;"><strong><span style="font-family: helvetica;">Explore untapped resources</span> </strong></span></p>
<p>&nbsp;</p>
<p>CHA also highlighted Cambodia's rich geographic diversity as a wellspring of untapped potential for future GI labels, such as honey from the lesser-known Tonle Sap Lake region. <strong>Dr. Try Yong</strong>, a beekeeping expert and an advisor to the Royal Ministry of Agriculture, underscored Cambodia&rsquo;s abundance of untapped honey collection areas in the rest of the country.</p>
<p>&ldquo;Regions like Tone Sap Lake and the western coasts offer promising opportunities. Despite the vast forests from which much of our honey originates, many areas lack GI certification, signaling significant untapped potential and future business opportunities for our kingdom,&rdquo; he said.</p>',
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			'section_summary' => 'In 2021, Cambodia's government awarded its first geographic indication (GI) label for the wild honey harvested in Mondulkiri Province. The protected GI label, granted to local products with distinctive regional qualities, has elevated the profile of Cambodian honey on the global stage.',
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			'id' => '545692',
			'title' => 'Wisconsin to give multimillion tax incentive to Kikkoman for new expansion',
			'description_old' => null,
			'description' => 'Kikkoman Foods Inc. has broken ground for its third manufacturing plant in Jefferson County and an expansion to its existing plant in neighboring Walworth County, Wisconsin. To support this fresh investment, the Wisconsin Economic Development Corp. (WEDC) plans to provide the Japanese soy sauce maker up to $15.5 million in performance-based tax credits.',
			'credit_id' => '48',
			'image' => null,
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			'url' => 'wisconsin-to-give-multimillion-tax-incentive-to-kikkoman-for-new-expansion',
			'tags' => 'US, Japan, Wisconsin, Economic Development, Food',
			'is_rss' => false,
			'rss_url' => null,
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			'content' => '<p>Kikkoman Foods Inc. has broken ground for its third manufacturing plant in Jefferson County and an expansion to its existing plant in neighboring Walworth County, Wisconsin. To support this fresh investment, the <strong>Wisconsin Economic Development Corp. (WEDC)</strong> plans to provide the Japanese soy sauce maker up to $15.5 million in performance-based tax credits.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-3-Kikkoman-Wisconsin.jpg" alt="" />
<figcaption class="image-caption">Wisconsin Economic Development Corporation CEO and Secretary Missy Hughes (Source: Milwaukee Business Journal)</figcaption>
</figure>
<p>Kikkoman&rsquo;s expansion in Wisconsin will inject $800 million into the state&rsquo;s economy and create 83 new jobs over the next decade. The Walworth facility, opened in 1973, is the company&rsquo;s highest-producing soy sauce factory globally.</p>
<p>Meanwhile, the plant in Jefferson City is scheduled to start operations in 2026 and will focus on soy sauce-related products, like teriyaki sauce. Aside from enhancing efficiency and scalability, the facility will bolster Kikkoman&rsquo;s sustainability efforts by using renewable energy sources and equipment with lower CO2 emissions.</p>
<p><strong>WEDC Secretary and CEO Missy Hughes</strong> welcomed the announcement: &ldquo;Fifty years ago, Kikkoman made history by choosing Walworth, Wisconsin for its first international brewing plant. Now, by expanding its presence in Jefferson, Kikkoman is opening a new chapter in its history.&rdquo;</p>
<p><strong>Jefferson City Mayor Dale Oppermann</strong> expressed appreciation for Kikkoman&rsquo;s continued trust in the region: &ldquo;Kikkoman&rsquo;s decision to invest in Jefferson underscores the strength and appeal of our local food and beverage niche. We look forward to a long, prosperous partnership.&rdquo;</p>
<p>Meanwhile, <strong>Kikkoman Chair and honorary CEO Yuzauro Mogi </strong>said the company&rsquo;s choice of Wisconsin was rooted in several factors, among them its location, which provided convenient market access, as well as its skilled workforce, easy availability of raw materials, an abundance of clean water, the collaborative spirit of the local community.</p>
<p>&ldquo;We look forward to expanding our footprints in Wisconsin and establishing a supply chain with increased stability in North America,&rdquo; he also said.</p>
<p>Over the past five decades, Kikkoman has transformed rural Wisconsin through partnerships with the local community, donating more than $17 million to charitable organizations.</p>
<p>As one of the first production facilities set up by a Japanese company in the United States, the Walworth plant is seen as a valuable symbol of the close business and cultural partnership between the two countries.</p>
<p>&ldquo;Whether it&rsquo;s providing thousands of jobs, bolstering our economy or providing us and the world with phenomenal soy sauce, Kikkoman is doing good work across Wisconsin and the country. I am grateful for their continued partnership and expansion in Wisconsin,&rdquo; said <strong>Gov. Tony Evers</strong>.</p>',
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			'id' => '545693',
			'title' => 'New York wants more Japanese chipmakers in the state',
			'description_old' => null,
			'description' => 'Empire State Development (ESD), the umbrella organization for New York's two main economic development corporations, wants more Japanese chip industry suppliers to open operations in the state to support the upcoming manufacturing facilities of Micron Technology, the world's fourth-largest semiconductor company.',
			'credit_id' => '48',
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			'url' => 'new-york-wants-more-japanese-chipmakers-in-the-state',
			'tags' => 'US, Japan, New York, Economic Development, IT',
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			'content' => '<p><strong>Empire State Development (ESD)</strong>, the umbrella organization for New York's two main economic development corporations, wants more Japanese chip industry suppliers to open operations in the state to support the upcoming manufacturing facilities of Micron Technology, the world&rsquo;s fourth-largest semiconductor company.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-3-Micron-NY.jpg" alt="" />
<figcaption class="image-caption">Empire State Development President Hope Knight (Source: Empire State Development)</figcaption>
</figure>
<p>&ldquo;Last year, we were able to attract Micron to central New York. With the large investment that Micron is making, $100 billion, we know that we have to build an ecosystem to support that activity. That's why we're here on this mission: to talk to Japanese firms, some of Micron's suppliers, to come and locate in New York,&rdquo; <strong>ESD President Hope Knight</strong> told Nikkei Asia.</p>
<p>While Knight did not name the companies she spoke to during her visit to Japan, she mentioned that some were &ldquo;very excited about the possibility&rdquo; of investing in the state.</p>
<p>Micron, the only memory and storage manufacturer in the United States, has announced plans to build a $100 billion &ldquo;mega fab,&rdquo; which will employ more than 9,000 people, near Syracuse in upstate New York.</p>
<p>Even before the CHIPS and Science Act became federal law in 2022, New York had unveiled its $10 billion program, called Green CHIPS, which offered tax incentives to chip manufacturers. Participants of Green CHIPS can benefit from zero corporate income tax rates and receive tax credits based on their capital spending and research and development expenditures.</p>
<p>&ldquo;We customize a package for you,&rdquo; said Knight, who emphasized that incentives are tailored based on various factors, like the number of jobs created and size of investment.</p>
<p>The ESD president highlighted the importance of bringing back chip manufacturing to the United States, citing national security concerns and geopolitical trends, and underscored New York's manufacturing legacy and its readiness to revive its manufacturing sector.</p>
<p>New York has prioritized chip manufacturing as a key industry for economic growth. Apart from IBM, 75 other semiconductor-related companies have made new investments in the state. And since the introduction of Green CHIPS, total investments have reached $112 billion.</p>
<p>On concerns surrounding the high cost of living and labor costs associated with New York City, Knight said that cities in upstate New York, such as Albany, Syracuse, Rochester and Buffalo, offer affordability and have cheaper sources of clean power.</p>
<p>As head of ESD, Knight works closely with Gov. Kathy Hochul in developing the state economy through various measures like financing, subsidies, and tax breaks. As of 2022, ESD has been involved in at least 190 projects.</p>',
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			'id' => '545694',
			'title' => 'Toyota unveils $1.4 billion investment in Indiana to make more electric vehicles',
			'description_old' => null,
			'description' => 'Toyota, the world's largest automaker, has announced a $1.4 billion expansion of its factory in the U.S. state of Indiana to produce electric vehicles (EVs) starting in 2026. With the new expansion, Toyota Motor Manufacturing Indiana will become the company's second EV production facility in the United States.',
			'credit_id' => '48',
			'image' => null,
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			'url' => 'toyota-unveils-14-billion-investment-in-indiana-to-make-more-electric-vehicles',
			'tags' => 'US, Japan, Indiana, Electric Vehicles',
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			'content' => '<p>Toyota, the world&rsquo;s largest automaker, has announced a $1.4 billion expansion of its factory in the U.S. state of Indiana to produce electric vehicles (EVs) starting in 2026. With the new expansion, Toyota Motor Manufacturing Indiana will become the company&rsquo;s second EV production facility in the United States.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-3-Toyota-EVs.jpg" alt="" />
<figcaption class="image-caption">Toyota Motor Manufacturing Indiana President Tim Hollander (Source: PR Newswire)</figcaption>
</figure>
<p>According to Nikkei Asia, the investment will create 340 new high-quality jobs and increase the company&rsquo;s total number of employees in Indiana to around 8,000. The expansion also raises</p>
<p>Toyota&rsquo;s total investment in the state to $8 billion, Green Car Congress reported. <br /><br />Toyota&rsquo;s decision to increase EV production comes amid a surge in demand for its hybrid models, said CBT News.</p>
<p>In April, Toyota reported record annual sales for the fiscal year ending in March, surpassing the 10 million-unit mark for the first time. Its hybrid models have played a major role in growing the company&rsquo;s market share over the past year.</p>
<p>Toyota&rsquo;s only other EV factory in the United States is in Kentucky. The facility Georgetown is due to begin operations next year.</p>
<p>"Since 2021, Toyota has announced new investments totaling $18.6 billion into its U.S. manufacturing operations to support electrification efforts," the company said.</p>',
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		'Articles' => array(
			'id' => '545689',
			'title' => 'Singapore: A fertile ground for Edtech ',
			'description_old' => null,
			'description' => 'Globally, education technology (Edtech) is a rapidly growing sector. According to Precision Report's EdTech Market Research Report 2024, the global Edtech market size was valued at $115 billion in 2021 and is expected to reach $467 billion by 2027. ',
			'credit_id' => '48',
			'image' => null,
			'image_caption' => null,
			'url' => 'singapore-a-fertile-ground-for-edtech',
			'tags' => 'Japan, Singapore, Education',
			'is_rss' => false,
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			'content_old' => null,
			'content' => '<p>Globally, education technology (Edtech) is a rapidly growing sector. According to Precision Report&rsquo;s EdTech Market Research Report 2024, the global Edtech market size was valued at $115 billion in 2021 and is expected to reach $467 billion by 2027.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-2-SG-Education.jpg" alt="" />
<figcaption class="image-caption">Starting them young: Singapore's education system has gained admiration from around the world.</figcaption>
</figure>
<p>Singapore has stood out as one of the most fertile grounds for the sector&rsquo;s growth. The origins of Singapore&rsquo;s thriving Edtech sector can be traced back to 2014, when the country&rsquo;s national government enacted its Smart Nation initiative, which required schools to incorporate innovation and technology in the daily lives of Singaporean families.</p>
<p>According to UNESCO, the challenge for schools was to create meaningful learning experiences that reflected such integration, which meant that highly qualified faculty must constantly be engaged in research and innovation. Otherwise, how can one teach about advancements while experiencing none?</p>
<p>Since the enactment of the Smart Nation initiative, there have been more than 790 Edtech startups launched in Singapore. Today, the government continues to invest heavily in training its future labor pool. <br /><br />Aside from encouraging life-long learning, the city-state&rsquo;s government has also rolled out other initiatives to boost the growth of Edtech in Singapore, like an ICT masterplan, infrastructure upgrades, accelerator programs, increased connectivity in schools, and access to learning resources and opportunities for collaborations for schools and startups.</p>
<p>Those looking to start or invest in an Edtech venture will reap many benefits by betting on Singapore.</p>',
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			'title' => 'Columbia University seeks closer partnerships with Japan ',
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			'description' => 'The Japan Study Student Association at Columbia University's School of International and Public Affairs organized a visit to Japan in March to allow some of its members to learn more about the country's government, people, culture, and food.',
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			'url' => 'columbia-university-seeks-closer-partnerships-with-japan',
			'tags' => 'US, Japan, Education',
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			'content' => '<p>The Japan Study Student Association at <strong>Columbia University&rsquo;s School of International and Public Affairs </strong>organized a visit to Japan in March to allow some of its members to learn more about the country&rsquo;s government, people, culture, and food.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-2-NYNJ-JASSA-Education.jpg" alt="" />
<figcaption class="image-caption">JASSA representatives during their Japan trip</figcaption>
</figure>
<p>&ldquo;The Japan trip was a phenomenal opportunity not only from a career development perspective but also from a personal development perspective,&rdquo; JASSA Representative Daniel Alvarez said in an article posted on SIPA&rsquo;s website.</p>
<p>&ldquo;Speaking with top politicians, participating in cultural ceremonies, learning about critical events in Japan&rsquo;s history, experiencing the excellent cuisine, and enjoying the nightlife with new friends made for a very well-rounded trip and once-in-a-lifetime experience,&rdquo; Alvarez added.</p>
<p>For SIPA students who want to join future Japan trips, Alvarez encouraged fellow members to attend upcoming JASSA events so they can express their interest to the organizers. The trip was just one of many events of SIPA to bolster U.S.-Japan cooperation.</p>
<p>In June 2023<strong>, SIPA Dean Keren Yarhi-Milo</strong> visited the University of Tokyo's Graduate School of Public Policy, a fellow member of the Global Public Policy Network, where she held pivotal discussions to enhance cross-cultural exchange. <br /><br />In interviews with local media, including Nikkei Asia and TV Tokyo, Yarhi-Milo highlighted SIPA's commitment to integrating Japanese perspectives within its academic community.</p>
<p>&ldquo;We want our students and our faculty to be involved and engaged with Japan,&rdquo; said Yarhi-Milo as she recognized the country&rsquo;s significant economic and strategic influence in East Asia.</p>',
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			'id' => '545691',
			'title' => '3 reasons Japan-Cambodia education partnerships are thriving',
			'description_old' => null,
			'description' => 'As Cambodia and Japan commemorate 70 years of diplomatic relations, the two nations look forward to a new era in their partnership as they seek fresh fields of collaboration. More and more Japanese recognize Cambodia's untapped potential and hope to play a role in the development of its population.',
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			'url' => '3-reasons-japan-cambodia-education-partnerships-are-thriving',
			'tags' => 'Japan, Cambodia, Education',
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			'content' => '<p>As Cambodia and Japan commemorate 70 years of diplomatic relations, the two nations look forward to a new era in their partnership as they seek fresh fields of collaboration. More and more Japanese recognize Cambodia&rsquo;s untapped potential and hope to play a role in the development of its population.</p>
<p>For instance, the increased prominence of the <strong>Institute of Technology of Cambodia </strong>among the expatriate population reveals three key reasons Cambodia&rsquo;s educational landscape has attracted the attention of the Japanese community.</p>
<p>&nbsp;</p>
<p><span style="font-family: helvetica; font-size: 16pt;"><strong>The population is young, growing and mobile</strong></span></p>
<p>&nbsp;</p>
<p>CiteSeerX reports that nearly 70% of Cambodians are 29-years old and younger. <br /><br />&ldquo;Among Cambodia&rsquo;s younger generation, the literacy rate is reported to be quite high because of increasing opportunities for education. The gender gap among young adults is not so substantial, although some age group differences exist,&rdquo; Japan International Cooperation Agency said in its 2023 Country Study.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-2-CAMB-Japan-Education.jpg" alt="" />
<figcaption class="image-caption">Institute of Technology of Cambodia Rector Dr. Po Kimtho (left) and Kanazawa University President Takashi Wada (right)</figcaption>
</figure>
<p>&ldquo;This implies that very well-targeted literacy education by age, sex, geography, time of the class, and contents of the class will likely bring about significant domestic and foreign partnerships in Cambodia&rsquo;s education sector,&rdquo; the study added.An example of such a partnership is that between ITC and Panasonic Cambodia. ITC is one of only two institutions in the kingdom to receive scholarships from Panasonic Cambodia, the local subsidiary of Japanese tech giant Panasonic Group. Panasonic Cambodia Country Head Yosunoby Matsumoto said the initiative will be a means to &ldquo;maximize workforce potential, fostering growth, and nurturing the next generation of leaders.&rdquo;</p>
<p>According to Matsumoto, Panasonic Cambodia recognizes the talented local science and technology students and continues to invest in their capacity building to develop the next generation of technology business leaders that will allow them to participate in a global economy.</p>
<p><strong>&nbsp;</strong></p>
<p><span style="font-size: 16pt;"><strong><span style="font-family: helvetica;">It is open to international collaboration</span> </strong></span></p>
<p>&nbsp;</p>
<p>Cambodia is home to more than 128 higher education institutions, at least 45 of which (including ITC) have active international partnerships with universities and organizations abroad. ITC&rsquo;s outreach activities have helped position itself as an ideal partner for Japanese ventures.</p>
<p>Last year, the deputy director of ITC, along with six other academic delegates, visited the Tokyo Institute of Technology (Tokyo Tech), to partake in the training course &ldquo;Project for Strengthening Engineering Education and Research for Industrial Development in Cambodia,&rdquo; organized by JICA.</p>
<p>Subsequently, JICA formalized an agreement with ITC to strengthen engineering education and research in industrial development in Cambodia</p>
<p>&nbsp;</p>
<p><span style="font-family: helvetica; font-size: 16pt;"><strong>A growing vocationally and technically proficient workforce</strong></span></p>
<p>&nbsp;</p>
<p>&ldquo;Strengthening technical and vocational training is pivotal to attracting Japanese investment in Cambodia,&rdquo; said Labor and Vocational Training Minister Heng Sour, who urged JICA to persist in developing human resources in these domains, a statement that JICA President Sanui Kazumasa agreed with.</p>
<p>ITC, a partner of JICA, produces approximately 3,700 undergraduate and graduate students specializing in science, technology, and engineering.</p>',
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			'id' => '545686',
			'title' => 'Japan's JERA and Inpex to invest in separate U.S. ammonia projects',
			'description_old' => null,
			'description' => 'To bolster Japan's clean energy initiatives, two major Japanese energy companies, JERA and Inpex, are preparing to invest in separate projects in the United States that will produce ammonia for clean-burning power generation in Japan, Nikkei Asia reports. ',
			'credit_id' => '48',
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			'url' => 'japans-jera-and-inpex-to-invest-in-separate-us-ammonia-projects',
			'tags' => 'US, Japan, Investment, Green Energy',
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			'content' => '<p>To bolster Japan's clean energy initiatives, two major Japanese energy companies,<strong> JERA</strong> and <strong>Inpex</strong>, are preparing to invest in separate projects in the United States that will produce ammonia for clean-burning power generation in Japan, Nikkei Asia reports.</p>
<figure class="image-container floated-right" style="float: right;"><img class="align-right" src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-2-JERA-and-Inpex.jpg" alt="" />
<figcaption class="image-caption">Inpex President Takayuki Ueda</figcaption>
</figure>
<p><strong>JERA Global CEO and Chair Yukio Kani </strong>and<strong> Inpex President Takayuki Ueda</strong> confirmed the investments with local U.S. media at the CERAWeek 2024 energy industry conference held in Houston, Texas.</p>
<p>JERA, a joint venture between Tokyo Electric Power and Chubu Electric Power, announced its partnership with Oklahoma-based green energy company, Greenfield Energy. Together, they will build a facility in Louisiana to produce green ammonia using renewable energy sources.</p>
<p>Kani also confirmed to media that JERA will hire more people at its U.S. arm, aiming to expand the workforce by 30% after a year to around 250 employees.</p>
<p>On the other hand, Inpex, a leading oil and gas exploration and production company, is exploring opportunities in Texas to establish its own ammonia production facility.</p>
<p>According to Nikkei Asia, Inpex plans to produce 1.1 million tons of ammonia annually in Houston by 2027.</p>
<p>The investments by JERA and Inpex mark significant milestones in Japan's quest for cleaner energy alternatives.</p>',
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			'id' => '545687',
			'title' => 'Kishida visits North Carolina: Why is it groundbreaking?',
			'description_old' => null,
			'description' => 'To promote Japanese contribution to the United States' investment landscape, Prime Minister Fumio Kishida visited North Carolina in April to tour the site of Toyota Motor Corp.'s electric and hybrid battery plant in the city of Greensboro.',
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			'content' => '<p>To promote Japanese contribution to the United States&rsquo; investment landscape, <strong>Prime Minister Fumio Kishida</strong> visited North Carolina in April to tour the site of Toyota Motor Corp.&rsquo;s electric and hybrid battery plant in the city of Greensboro.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-2-Kishida-Visit-to-NC.jpg" alt="" />
<figcaption class="image-caption">Japanese Prime Minister Fumio Kishida (center) visits Toyota's EV battery plant being built in North Carolina. (Photo source: Nikkei Asia)</figcaption>
</figure>
<p>Kishida&rsquo;s visit marked a historic moment in U.S.-Japan relations because it was the first time since 1891 that a foreign head of state visited the governor&rsquo;s mansion and the first time in a decade that a Japanese prime minister visited the state.</p>
<p>&ldquo;I am honored to be here in North Carolina to showcase the multilayered and strong ties between the United States and Japan,&rdquo; Kishida told guests at the luncheon at the state governor&rsquo;s mansion. He also lauded North Carolina for being a state &ldquo;at the forefront of the times.&rdquo;</p>
<p>Japan remains North Carolina&rsquo;s largest foreign direct investor, employing over 30,000 people in over 200 Japanese companies.</p>
<p>According to the Environmental Defense Fund, North Carolina leads all U.S. states in electric vehicle (EV) investment, attracting over $19 billion in the past year. This is attributed to its world-class infrastructure, skilled workforce, and favorable local policies.</p>
<p>Capitalizing on that environment, Japanese automakers have expanded their EV production capacity in the state. Toyota invested an additional $8 billion in its Greensboro battery plant, raising its total capital investment to around $14 billion and generating more than 5,000 new jobs.</p>
<p>Chiaki Takagi, a Japanese studies lecturer at the University of North Carolina Greensboro, highlighted the significance of Kishida&rsquo;s visit: &ldquo;This whole thing will provide the area with opportunities to be engaged in very active cultural exchange between Japan and the U.S.&rdquo;</p>',
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			'id' => '545756',
			'title' => 'Renowned U.S. chip designer wants to end Nvidia's global dominance',
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			'description' => 'Tenstorrent CEO Jim Keller, who worked for Intel, AMD and Tesla, said in an interview with Nikkei Asia that he wants to lower the price of AI applications by designing chips that are more efficient than Nvidia's and, in the process, end the American giant's global market dominance.',
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			'url' => 'renowned-us-chip-designer-wants-to-end-nvidias-global-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&rsquo;s global market dominance.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-13-Tenstorrent.jpg" alt="" />
<figcaption class="image-caption">Tenstorrent CEO Jim Keller (Photo source: Tenstorrent)</figcaption>
</figure>
<p>Headquartered in Toronto, Tenstorrent has offices in Austin, Texas and Santa Clara, California, as well as in Belgrade, Tokyo, Bangalore, and Seoul. The company claims to be developing AI processors that perform as efficiently as Nvidia's AI GPUs but at a lower cost.</p>
<p>At present, Nvidia is the global market leader when it comes to AI chips. Its AI accelerators command between 70% and 95% of the global market share, according to CNBC.</p>
<p>Keller also said in the interview that Tenstorrent hopes to sell its second-generation multipurpose AI chip by the end of this year.</p>
<p>According to Keller, Tenstorrent can achieve its objective because it does not use high-bandwidth memory (HBM), a popular type of advanced memory chip capable of transferring large amounts of data quickly. HBM is a vital component for generative AI chips and has played a significant role in the success of Nvidia's offerings.</p>
<p>But Keller pointed out that HBM was also one of the culprits behind the massive energy consumption and high prices of AI chips.</p>
<p>"Even the people that use HBM struggle with the cost of it, [and] the design time to build it,&rdquo; 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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			'id' => '545757',
			'title' => 'ITOCHU to take part in Taiwan's smart city project ',
			'description_old' => null,
			'description' => 'Tokyo-based trading giant ITOCHU secured a contract to develop and test AI systems that will help run the transportation network and energy infrastructure of a future smart city project in southern Taiwan, according to a company press release.',
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			'tags' => 'Japan, Taiwan, Smart Cities, Technology',
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			'content' => '<p>Tokyo-based trading giant <strong>ITOCHU</strong> secured a contract to develop and test AI systems that will help run the transportation network and energy infrastructure of a future smart city project in southern Taiwan, according to a company press release.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-13-ITOCHU-Taiwan.jpg" alt="" />
<figcaption class="image-caption">ITOCHU plans to roll out AI-powered buses for Taiwan's new smart city project in Tainan. (Photo source: Nikkei Asia)</figcaption>
</figure>
<p>ITOCHU outbid other parties interested in the Integrated Development Project for Shalun Smart Green Energy Science City located in Tainan. The early-stage contract, according to Nikkei Asia, is worth around $332,000 (10.8 million New Taiwan dollars).</p>
<p>According to ITOCHU, the goal is to test its AI systems on a trial basis by the end of October. This is the first time the trading house has officially participated in an overseas smart city project.</p>
<p>The Taiwanese government also announced plans to earmark an additional $306.9 million (or 10 billion NTD) to develop the country&rsquo;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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			'title' => 'Melexis opens its largest wafer testing site in Malaysia',
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			'description' => 'Belgium-based supplier of semiconductor solutions Melexis has opened its largest wafer testing site worldwide in Kuching in the Malaysian state of Sarawak to strengthen its presence in Asia-Pacific and meet the rising demand for semiconductors around the world, according to a company announcement.',
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			'content' => '<p>Belgium-based supplier of semiconductor solutions <strong>Melexis</strong> has opened its largest wafer testing site worldwide in Kuching in the Malaysian state of Sarawak to strengthen its presence in Asia-Pacific and meet the rising demand for semiconductors around the world, according to a company announcement.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-13-Melexis.jpg" alt="" />
<figcaption class="image-caption">Melexis' new 70 million-euro facility in Kuching is a nod to the local architectural design. (Photo source: Melexis)</figcaption>
</figure>
<p>Wafer testing is part of the manufacturing process wherein all individual integrated circuits are checked for functional defects through special test patterns.</p>
<p>According to Melexis, its expansion in Malaysia is a strategic move to streamline logistics and reduce its ecological footprint. Additionally, it selected Kuching because of its diverse, multilingual, entrepreneurial and highly skilled workforce.</p>
<p><strong>Melexis CEO Marc Biron </strong>said, &ldquo;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.&rdquo;</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&rsquo;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>&ldquo;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,&rdquo; <strong>Sarawak&rsquo;s Ministry of International Trade, Industry and Investment </strong>said in a statement<strong>.</strong></p>
<p>&ldquo;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,&rdquo; the statement also said.</p>',
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			'description' => 'Japanese trading giant ITOCHU announced this month it had invested in ZeroAvia, a British-American maker of hydrogen-electric engines for aircraft, according to a company statement.',
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			'content' => '<p>Japanese trading giant <strong>ITOCHU</strong> announced this month it had invested in <strong>ZeroAvia</strong>, a British-American maker of hydrogen-electric engines for aircraft, according to a company statement.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-13-Itochu-ZeroAvia.jpg" alt="" />
<figcaption class="image-caption">An aircraft powered by ZeroAvia's hydrogen-electric engines (Photo source: ZeroAvia)</figcaption>
</figure>
<p>Founded in 2018, ZeroAvia describes itself as &ldquo;a team of passionate innovators dedicated to bringing safe, zero-emission flight to aviation.&rdquo; The company claims its hydrogen-electric propulsion systems are &ldquo;the most environmentally friendly and economically attractive solution to aviation&rsquo;s growing climate change impact.&rdquo;</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&rsquo;s long-term goal of helping save the planet by decarbonizing the aviation industry.</p>',
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			'title' => 'Virginia is named the best U.S. state for business',
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			'description' => 'For the third time in the last five years, Virginia was ranked America's Top State for Business in 2024 by CNBC, which cited the state for having the best public schools in the country. It grabbed the top spot in 2007, 2009, 2011, 2019, and 2021.',
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			'content' => '<p>For the third time in the last five years,<strong> Virginia</strong> was ranked America&rsquo;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>
</figure>
<p>&ldquo;Congratulations to Virginia on being named America&rsquo;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,&rdquo; 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&rsquo;s 10 categories this year, &ldquo;a rare feat,&rdquo; 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&rsquo;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&rsquo;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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			'content' => '<p>The U.S. subsidiary of Japanese group <strong>FANUC</strong>, one of the world&rsquo;s largest makers of industrial robots, has opened a $110 million facility in Michigan to store, sell and maintain made-in-Japan industrial robots for North American customers, according to a statement from FANUC America.</p>
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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>
</figure>
<p>The new 650,000-square-foot facility was inaugurated on July 10 and is located in FANUC America&rsquo;s West Campus in Auburn Hills, Michigan. The expansion increases the company&rsquo;s footprint in Michigan to over 2 million square feet and is part of FANUC America&rsquo;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,&rdquo; <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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			'title' => 'NY-based AI med tech startup raises $50 million',
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			'description' => 'K Health, a leading AI-driven primary care company that provides 24/7 virtual primary care solutions through its mobile app, announced this month that it had raised $50 million in funding led by Claure Group with participation from investors, including Pablo Legorreta (founder and CEO of Royalty Pharma) and Mangrove Capital Partners, Valor Equity Partners, and Atreides Management.',
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			'content' => '<p><strong>K Health</strong>, a leading AI-driven primary care company that provides 24/7 virtual primary care solutions through its mobile app, announced this month that it had raised $50 million in funding led by Claure Group with participation from investors, including Pablo Legorreta (founder and CEO of Royalty Pharma) and Mangrove Capital Partners, Valor Equity Partners, and Atreides Management.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-12-NYNJ-K-Health-Alan-Bloch.jpg" alt="" />
<figcaption class="image-caption">K Health founder and CEO Allon Bloch (Photo source: K Health)</figcaption>
</figure>
<p>K Health said in the same statement that it had been developing its own AI technology for more than seven years. Today, it can provide 24/7 virtual primary care solutions to millions of people in the United States.</p>
<p>The K Health platform includes clinical-grade medical chat and AI predictive models based on large datasets to help physicians optimize diagnosis and treatment and focus on patient care.</p>
<p>Instead of doctors taking patients through lengthy procedures and manually piecing together their medical history from electronic medical records, K Health allows healthcare providers to engage more quickly and closely with patients by giving them a complete medical chart with patient insights straight from the app.</p>
<p>According to K Health, this new model of care delivery achieves dramatically higher quality of care at lower costs compared to traditional primary care.</p>
<p>&ldquo;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,&rdquo; explained<strong> K Health founder and CEO Allon Bloch.</strong></p>
<p>&ldquo;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,&rdquo; 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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			'title' => 'Canadian group seeks more investment opportunities in Cambodia',
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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>&ldquo;Shim&rsquo;s visit will further contribute to the promotion of trade relations between Cambodia and Canada,&rdquo; 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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			'description' => 'National University Hospital (NUH), the main teaching hospital of the country's top-ranking National University of Singapore, announced this month the opening of a center focused on providing trauma care to vulnerable groups, particularly children, older adults, and migrant workers.',
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			'content' => '<p><strong>National University Hospital (NUH)</strong>, the main teaching hospital of the country&rsquo;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>
<p>&ldquo;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,&rdquo; 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&rsquo;s only pediatric kidney and liver transplant program.</p>',
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		'description' => 'Empire State Development (ESD), the umbrella organization for New York's two main economic development corporations, wants more Japanese chip industry suppliers to open operations in the state to support the upcoming manufacturing facilities of Micron Technology, the world's fourth-largest semiconductor company.',
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		'content' => '<p><strong>Empire State Development (ESD)</strong>, the umbrella organization for New York's two main economic development corporations, wants more Japanese chip industry suppliers to open operations in the state to support the upcoming manufacturing facilities of Micron Technology, the world&rsquo;s fourth-largest semiconductor company.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-3-Micron-NY.jpg" alt="" />
<figcaption class="image-caption">Empire State Development President Hope Knight (Source: Empire State Development)</figcaption>
</figure>
<p>&ldquo;Last year, we were able to attract Micron to central New York. With the large investment that Micron is making, $100 billion, we know that we have to build an ecosystem to support that activity. That's why we're here on this mission: to talk to Japanese firms, some of Micron's suppliers, to come and locate in New York,&rdquo; <strong>ESD President Hope Knight</strong> told Nikkei Asia.</p>
<p>While Knight did not name the companies she spoke to during her visit to Japan, she mentioned that some were &ldquo;very excited about the possibility&rdquo; of investing in the state.</p>
<p>Micron, the only memory and storage manufacturer in the United States, has announced plans to build a $100 billion &ldquo;mega fab,&rdquo; which will employ more than 9,000 people, near Syracuse in upstate New York.</p>
<p>Even before the CHIPS and Science Act became federal law in 2022, New York had unveiled its $10 billion program, called Green CHIPS, which offered tax incentives to chip manufacturers. Participants of Green CHIPS can benefit from zero corporate income tax rates and receive tax credits based on their capital spending and research and development expenditures.</p>
<p>&ldquo;We customize a package for you,&rdquo; said Knight, who emphasized that incentives are tailored based on various factors, like the number of jobs created and size of investment.</p>
<p>The ESD president highlighted the importance of bringing back chip manufacturing to the United States, citing national security concerns and geopolitical trends, and underscored New York's manufacturing legacy and its readiness to revive its manufacturing sector.</p>
<p>New York has prioritized chip manufacturing as a key industry for economic growth. Apart from IBM, 75 other semiconductor-related companies have made new investments in the state. And since the introduction of Green CHIPS, total investments have reached $112 billion.</p>
<p>On concerns surrounding the high cost of living and labor costs associated with New York City, Knight said that cities in upstate New York, such as Albany, Syracuse, Rochester and Buffalo, offer affordability and have cheaper sources of clean power.</p>
<p>As head of ESD, Knight works closely with Gov. Kathy Hochul in developing the state economy through various measures like financing, subsidies, and tax breaks. As of 2022, ESD has been involved in at least 190 projects.</p>',
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Notice (8): Undefined index: SpecialFeature [APP/View/Featuresite/upcomingfeaturelist.ctp, line 53]
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			'title' => 'Japan's largest conveyor-belt sushi chain rolls out in the U.S.',
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			'description' => 'Boston's Japanese food scene got more diverse with the opening in April of Sakabayashi Sushi Tavern, a subsidiary of Japan's largest conveyor-belt sushi chain, Sushiro. The restaurant is the first investment of its parent company, Food & Life Co., in the United States. ',
			'credit_id' => '48',
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			'content' => '<p>Boston&rsquo;s Japanese food scene got more diverse with the opening in April of Sakabayashi Sushi Tavern, a subsidiary of Japan&rsquo;s largest conveyor-belt sushi chain, Sushiro. The restaurant is the first investment of its parent company, <strong>Food &amp; Life Co.</strong>, in the United States.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-4-Sushiro.jpg" alt="" />
<figcaption class="image-caption">Food &amp; Life Companies USA President Yosuke Tanaka (Source: LinkedIn/Yosue Tanaka)</figcaption>
</figure>
<p>Sakabayashi retained the original restaurant&rsquo;s <em>izakaya </em>style of dining<em>, </em>wherein patrons can eat and drink in a casual setting. With menu items priced from under $10, the restaurant wants to attract a diverse crowd.</p>
<p>&ldquo;Ensuring affordability while providing an authentic Japanese experience to Americans is paramount. Eighty percent of our menu is recreated from Japan. Our raw ingredients are sourced from our global procurement chain,&rdquo; said <strong>Food &amp; Life Companies USA President Yosuke Tanaka.</strong></p>
<p>Although Sakabayashi Sushi Tavern is Food and Life&rsquo;s first foray in the country, the group has many years of international experience. With operations in eight countries, primarily in Asia, Food &amp; Life aims to generate $1.45 billion in overseas revenue by the end of the fiscal year 2026 by opening more conveyor-belt sushi restaurants in the United States.</p>
<p>&ldquo;Our priority is not limited to deploying our existing brand but also to discovering, developing, and expanding new brands and food-services formats through the reinforcement of our competitive advantages in ingredient development, procurement, and supply chain management,&rdquo; said <strong>Food &amp; Life Ltd. President and CEO Koichi Mizutome.</strong></p>
<p>Mizutome&rsquo;s confidence stems from the growing popularity of Japanese cuisine in the United States. In 2023, revenues of sushi restaurants in America grew by 4.5% and are expected to grow further, according to research firm IBIS World.</p>
<p>In the United States, ramen shops are also growing more popular as various Japanese chains, like Fukuoka and Ramen Santouka, plan to open more outlets across the country.</p>',
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			'title' => 'Impostor Syndrome and The Incomplete Leader',
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			'description' => 'Now that everyone's details, accomplishments, and track record are easily fact-checked and reviewed on the internet, there has been a rise in the number of anxiety-riddled executives. The same tool used for work productivity has also been a source of consternation.',
			'credit_id' => '48',
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			'content' => '<p>The notion that &ldquo;leaders have to be flawless&rdquo; is starting to disappear. Access to unlimited information, a.k.a. the Internet, should have changed this perception ages ago.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-3-SG-Impostor-Syndrome.jpg" alt="" />
<figcaption class="image-caption">The workplace has evolved to become a more forgiving place for its leaders. (Illustration by Lianne Dominguez)</figcaption>
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<p>But now that everyone&rsquo;s details, accomplishments, and track record are easily fact-checked and reviewed on the internet, there has been a rise in the number of anxiety-riddled executives. The same tool used for work productivity has also been a source of consternation.</p>
<p>The pressure to have intellectual and interpersonal superiority is at an all-time high. According to the National Library of Medicine, impostor syndrome (IS) is a behavioral health phenomenon described as self-doubt of intellect, skills, or accomplishments among high-achieving individuals. Yes! The seemingly poised manager could be a fa&ccedil;ade.</p>
<p>Despite the tremendous pressure for perfection, an article in Harvard Business Review offers a solution to ease some caffeine-stimulated corporate minds. The authors, in praise of &ldquo;The Incomplete Leader,&rdquo; recommend embracing imperfections to strengthen one&rsquo;s leadership abilities. It also said that organizations were evolving to become more collaborative than hierarchical.</p>
<p>Decisions should often be made in the context of the open economy, therefore as no senior executive has a monopoly on knowledge. The overarching theme was that: Leaders should determine the right colleague to handle areas of their perceived weaknesses.&nbsp;</p>
<p>In fact, four leadership capabilities are developed during this process: sense-making, relating, visioning, and inventing.</p>
<p>Arguably, many teams have adopted the practice of &ldquo;excellence&rdquo; over &ldquo;perfection&rdquo;. The culture of excellence, while forgiving mistakes and considering personal limitations, does not absolve leaders and team members from giving their best.</p>
<p>Accepting the new demands and realities of a hybrid workplace, especially for leaders, will empower and not overwhelm the incomplete leader.</p>',
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			'section_summary' => 'Now that everyone's details, accomplishments, and track record are easily fact-checked and reviewed on the internet, there has been a rise in the number of anxiety-riddled executives. The same tool used for work productivity has also been a source of consternation.',
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			'id' => '545696',
			'title' => 'Brewing success: How leadership catapulted Paradox Brewery to new heights',
			'description_old' => null,
			'description' => 'Paradox Brewery President and founder Paul Mrocka is widely credited for driving the New York-based to new levels of success through strategic planning, data-driven decision-making, and effective international partnerships.',
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			'url' => 'brewing-success-how-leadership-catapulted-paradox-brewery-to-new-heights',
			'tags' => 'US, New York, Leadership, Management, Food and Drink',
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			'content' => '<p><strong>Paradox Brewery President and founder Paul Mrocka </strong>is widely credited for driving the New York-based to new levels of success through strategic planning, data-driven decision-making, and effective international partnerships.</p>
<p>According to Mrocka, data isn't just numbers at Paradox Brewery. It's a roadmap to success.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-3-NYNJ-Paradox-Brewery.jpg" alt="" />
<figcaption class="image-caption">Paradox Brewery President and founder Paul Mrocka</figcaption>
</figure>
<p>In an interview with GMI POST, Mrocka emphasized their reliance on Information Resources, Inc. (IRI) data to understand market trends, consumer preferences, and competitor strategies.</p>
<p>&ldquo;We're very competitive in our prices and a data-driven company. We tell stories with this data that we buy. And we use that data to go to the buyer and talk to them about it,&rdquo; he said.</p>
<p>By leveraging IRI&rsquo;s data, Paradox Brewery gains insights that shape its marketing strategies and product development, ensuring it stays ahead in the fiercely competitive craft beer market.</p>
<p>Paradox Brewery isn't afraid to think big either. </p>
<p>&ldquo;You have to put the time in. You have to show up and get face-to-face with these people because there has to be a degree of comfort on both sides of the arrangement to buy beer from the other side of the planet,&rdquo;<strong> Director of Operations Devon Hamilton </strong>said about plans to expand globally.</p>
<p>By nurturing strong relationships with international partners, Paradox Brewery secures distribution channels and builds a global brand presence, Hamilton also said.</p>
<p>For Paradox Brewery, success isn't just about reacting to market trends but about anticipating and shaping them. Through constant planning and adaptation, the company stays at the forefront of innovation, offering a diverse and appealing portfolio to its customers.</p>
<p>&ldquo;We all sit down, talk about what did well last year, what we think we should bring back for next year, what the upcoming trends are, and argue about what our portfolio will be,&rdquo; Hamilton said.</p>
<p>As Paradox Brewery expands both domestically and internationally, the skills and dedication of its leaders will ensure the New York brand remains a beloved brand in the craft beer industry.</p>',
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			'id' => '545697',
			'title' => 'What Cambodia's honey industry can teach businesses ',
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			'description' => 'In 2021, Cambodia's government awarded its first geographic indication (GI) label for the wild honey harvested in Mondulkiri Province. The protected GI label, granted to local products with distinctive regional qualities, has elevated the profile of Cambodian honey on the global stage.',
			'credit_id' => '48',
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			'url' => 'what-cambodias-honey-industry-can-teach-businesses',
			'tags' => 'Cambodia, Leadership, Management, Agriculture, Honey',
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			'content' => '<p>Cambodia&rsquo;s honey industry has experienced steady growth in recent years. In 2021, the government awarded its first geographic indication (GI) label for the wild honey harvested in Mondulkiri Province. The protected GI label, granted to local products with distinctive regional qualities, has elevated the profile of Cambodian honey on the global stage.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-3-CAMB-Honey.jpg" alt="" />
<figcaption class="image-caption">Cambodia Honey Association Executive Director Sem Sreytouch</figcaption>
</figure>
<p>Although varieties like Modulkiri money have been harvested in Cambodia for centuries, efforts to streamline and formalize the industry&rsquo;s value chain are relatively recent and spearheaded by the Cambodia Honey Association (CHA), the main advocacy group representing the sector&rsquo;s stakeholders.</p>
<p>In an interview with GMI POST, CHA underscored the necessary steps to invigorate the industry while providing insight into navigating business in an emerging market landscape.&nbsp;</p>
<p><strong>&nbsp;</strong></p>
<p><span style="font-family: helvetica; font-size: 18pt;"><strong>Collaboration over competition </strong></span></p>
<p><strong>&nbsp;</strong></p>
<p><strong>CHA Executive Director Sem Sreytouch </strong>emphasizes the importance of shifting industry stakeholders&rsquo; mindset from competition to collaboration.</p>
<p>&ldquo;One of our main advocacies is to enact a change in mindset among Cambodian honey growers, apiaries, and other stakeholders in the value chain. A united front is required to elevate the overall standards of the Cambodian honey industry&rdquo; she said.</p>
<p><strong>&nbsp;</strong></p>
<p><span style="font-family: helvetica; font-size: 18pt;"><strong>Prioritize capacity building</strong></span></p>
<p><strong>&nbsp;</strong></p>
<p><strong>Peter Batt, Ph.D of Curtin University,</strong> also a fellow of the International Horticultural Congress, stressed the need for education and capacity-building at the grassroots level in emerging markets like Cambodia.</p>
<p>&ldquo;A key aspect of addressing challenges in Cambodia, particularly within the honey industry, was capacity building of smallholder farmers and empowering those farmers with basic and practical skills to help them grasp what it takes to thrive in trade,&rdquo; he said.</p>
<p><strong>&nbsp;</strong></p>
<p><span style="font-size: 1*pt;"><strong><span style="font-family: helvetica;">Explore untapped resources</span> </strong></span></p>
<p>&nbsp;</p>
<p>CHA also highlighted Cambodia's rich geographic diversity as a wellspring of untapped potential for future GI labels, such as honey from the lesser-known Tonle Sap Lake region. <strong>Dr. Try Yong</strong>, a beekeeping expert and an advisor to the Royal Ministry of Agriculture, underscored Cambodia&rsquo;s abundance of untapped honey collection areas in the rest of the country.</p>
<p>&ldquo;Regions like Tone Sap Lake and the western coasts offer promising opportunities. Despite the vast forests from which much of our honey originates, many areas lack GI certification, signaling significant untapped potential and future business opportunities for our kingdom,&rdquo; he said.</p>',
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			'id' => '545692',
			'title' => 'Wisconsin to give multimillion tax incentive to Kikkoman for new expansion',
			'description_old' => null,
			'description' => 'Kikkoman Foods Inc. has broken ground for its third manufacturing plant in Jefferson County and an expansion to its existing plant in neighboring Walworth County, Wisconsin. To support this fresh investment, the Wisconsin Economic Development Corp. (WEDC) plans to provide the Japanese soy sauce maker up to $15.5 million in performance-based tax credits.',
			'credit_id' => '48',
			'image' => null,
			'image_caption' => null,
			'url' => 'wisconsin-to-give-multimillion-tax-incentive-to-kikkoman-for-new-expansion',
			'tags' => 'US, Japan, Wisconsin, Economic Development, Food',
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			'content' => '<p>Kikkoman Foods Inc. has broken ground for its third manufacturing plant in Jefferson County and an expansion to its existing plant in neighboring Walworth County, Wisconsin. To support this fresh investment, the <strong>Wisconsin Economic Development Corp. (WEDC)</strong> plans to provide the Japanese soy sauce maker up to $15.5 million in performance-based tax credits.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-3-Kikkoman-Wisconsin.jpg" alt="" />
<figcaption class="image-caption">Wisconsin Economic Development Corporation CEO and Secretary Missy Hughes (Source: Milwaukee Business Journal)</figcaption>
</figure>
<p>Kikkoman&rsquo;s expansion in Wisconsin will inject $800 million into the state&rsquo;s economy and create 83 new jobs over the next decade. The Walworth facility, opened in 1973, is the company&rsquo;s highest-producing soy sauce factory globally.</p>
<p>Meanwhile, the plant in Jefferson City is scheduled to start operations in 2026 and will focus on soy sauce-related products, like teriyaki sauce. Aside from enhancing efficiency and scalability, the facility will bolster Kikkoman&rsquo;s sustainability efforts by using renewable energy sources and equipment with lower CO2 emissions.</p>
<p><strong>WEDC Secretary and CEO Missy Hughes</strong> welcomed the announcement: &ldquo;Fifty years ago, Kikkoman made history by choosing Walworth, Wisconsin for its first international brewing plant. Now, by expanding its presence in Jefferson, Kikkoman is opening a new chapter in its history.&rdquo;</p>
<p><strong>Jefferson City Mayor Dale Oppermann</strong> expressed appreciation for Kikkoman&rsquo;s continued trust in the region: &ldquo;Kikkoman&rsquo;s decision to invest in Jefferson underscores the strength and appeal of our local food and beverage niche. We look forward to a long, prosperous partnership.&rdquo;</p>
<p>Meanwhile, <strong>Kikkoman Chair and honorary CEO Yuzauro Mogi </strong>said the company&rsquo;s choice of Wisconsin was rooted in several factors, among them its location, which provided convenient market access, as well as its skilled workforce, easy availability of raw materials, an abundance of clean water, the collaborative spirit of the local community.</p>
<p>&ldquo;We look forward to expanding our footprints in Wisconsin and establishing a supply chain with increased stability in North America,&rdquo; he also said.</p>
<p>Over the past five decades, Kikkoman has transformed rural Wisconsin through partnerships with the local community, donating more than $17 million to charitable organizations.</p>
<p>As one of the first production facilities set up by a Japanese company in the United States, the Walworth plant is seen as a valuable symbol of the close business and cultural partnership between the two countries.</p>
<p>&ldquo;Whether it&rsquo;s providing thousands of jobs, bolstering our economy or providing us and the world with phenomenal soy sauce, Kikkoman is doing good work across Wisconsin and the country. I am grateful for their continued partnership and expansion in Wisconsin,&rdquo; said <strong>Gov. Tony Evers</strong>.</p>',
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	(int) 5 => array(
		'Articles' => array(
			'id' => '545693',
			'title' => 'New York wants more Japanese chipmakers in the state',
			'description_old' => null,
			'description' => 'Empire State Development (ESD), the umbrella organization for New York's two main economic development corporations, wants more Japanese chip industry suppliers to open operations in the state to support the upcoming manufacturing facilities of Micron Technology, the world's fourth-largest semiconductor company.',
			'credit_id' => '48',
			'image' => null,
			'image_caption' => null,
			'url' => 'new-york-wants-more-japanese-chipmakers-in-the-state',
			'tags' => 'US, Japan, New York, Economic Development, IT',
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			'content' => '<p><strong>Empire State Development (ESD)</strong>, the umbrella organization for New York's two main economic development corporations, wants more Japanese chip industry suppliers to open operations in the state to support the upcoming manufacturing facilities of Micron Technology, the world&rsquo;s fourth-largest semiconductor company.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-3-Micron-NY.jpg" alt="" />
<figcaption class="image-caption">Empire State Development President Hope Knight (Source: Empire State Development)</figcaption>
</figure>
<p>&ldquo;Last year, we were able to attract Micron to central New York. With the large investment that Micron is making, $100 billion, we know that we have to build an ecosystem to support that activity. That's why we're here on this mission: to talk to Japanese firms, some of Micron's suppliers, to come and locate in New York,&rdquo; <strong>ESD President Hope Knight</strong> told Nikkei Asia.</p>
<p>While Knight did not name the companies she spoke to during her visit to Japan, she mentioned that some were &ldquo;very excited about the possibility&rdquo; of investing in the state.</p>
<p>Micron, the only memory and storage manufacturer in the United States, has announced plans to build a $100 billion &ldquo;mega fab,&rdquo; which will employ more than 9,000 people, near Syracuse in upstate New York.</p>
<p>Even before the CHIPS and Science Act became federal law in 2022, New York had unveiled its $10 billion program, called Green CHIPS, which offered tax incentives to chip manufacturers. Participants of Green CHIPS can benefit from zero corporate income tax rates and receive tax credits based on their capital spending and research and development expenditures.</p>
<p>&ldquo;We customize a package for you,&rdquo; said Knight, who emphasized that incentives are tailored based on various factors, like the number of jobs created and size of investment.</p>
<p>The ESD president highlighted the importance of bringing back chip manufacturing to the United States, citing national security concerns and geopolitical trends, and underscored New York's manufacturing legacy and its readiness to revive its manufacturing sector.</p>
<p>New York has prioritized chip manufacturing as a key industry for economic growth. Apart from IBM, 75 other semiconductor-related companies have made new investments in the state. And since the introduction of Green CHIPS, total investments have reached $112 billion.</p>
<p>On concerns surrounding the high cost of living and labor costs associated with New York City, Knight said that cities in upstate New York, such as Albany, Syracuse, Rochester and Buffalo, offer affordability and have cheaper sources of clean power.</p>
<p>As head of ESD, Knight works closely with Gov. Kathy Hochul in developing the state economy through various measures like financing, subsidies, and tax breaks. As of 2022, ESD has been involved in at least 190 projects.</p>',
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			'id' => '545694',
			'title' => 'Toyota unveils $1.4 billion investment in Indiana to make more electric vehicles',
			'description_old' => null,
			'description' => 'Toyota, the world's largest automaker, has announced a $1.4 billion expansion of its factory in the U.S. state of Indiana to produce electric vehicles (EVs) starting in 2026. With the new expansion, Toyota Motor Manufacturing Indiana will become the company's second EV production facility in the United States.',
			'credit_id' => '48',
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			'url' => 'toyota-unveils-14-billion-investment-in-indiana-to-make-more-electric-vehicles',
			'tags' => 'US, Japan, Indiana, Electric Vehicles',
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			'content' => '<p>Toyota, the world&rsquo;s largest automaker, has announced a $1.4 billion expansion of its factory in the U.S. state of Indiana to produce electric vehicles (EVs) starting in 2026. With the new expansion, Toyota Motor Manufacturing Indiana will become the company&rsquo;s second EV production facility in the United States.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-3-Toyota-EVs.jpg" alt="" />
<figcaption class="image-caption">Toyota Motor Manufacturing Indiana President Tim Hollander (Source: PR Newswire)</figcaption>
</figure>
<p>According to Nikkei Asia, the investment will create 340 new high-quality jobs and increase the company&rsquo;s total number of employees in Indiana to around 8,000. The expansion also raises</p>
<p>Toyota&rsquo;s total investment in the state to $8 billion, Green Car Congress reported. <br /><br />Toyota&rsquo;s decision to increase EV production comes amid a surge in demand for its hybrid models, said CBT News.</p>
<p>In April, Toyota reported record annual sales for the fiscal year ending in March, surpassing the 10 million-unit mark for the first time. Its hybrid models have played a major role in growing the company&rsquo;s market share over the past year.</p>
<p>Toyota&rsquo;s only other EV factory in the United States is in Kentucky. The facility Georgetown is due to begin operations next year.</p>
<p>"Since 2021, Toyota has announced new investments totaling $18.6 billion into its U.S. manufacturing operations to support electrification efforts," the company said.</p>',
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			'id' => '545689',
			'title' => 'Singapore: A fertile ground for Edtech ',
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			'description' => 'Globally, education technology (Edtech) is a rapidly growing sector. According to Precision Report's EdTech Market Research Report 2024, the global Edtech market size was valued at $115 billion in 2021 and is expected to reach $467 billion by 2027. ',
			'credit_id' => '48',
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			'url' => 'singapore-a-fertile-ground-for-edtech',
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			'content' => '<p>Globally, education technology (Edtech) is a rapidly growing sector. According to Precision Report&rsquo;s EdTech Market Research Report 2024, the global Edtech market size was valued at $115 billion in 2021 and is expected to reach $467 billion by 2027.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-2-SG-Education.jpg" alt="" />
<figcaption class="image-caption">Starting them young: Singapore's education system has gained admiration from around the world.</figcaption>
</figure>
<p>Singapore has stood out as one of the most fertile grounds for the sector&rsquo;s growth. The origins of Singapore&rsquo;s thriving Edtech sector can be traced back to 2014, when the country&rsquo;s national government enacted its Smart Nation initiative, which required schools to incorporate innovation and technology in the daily lives of Singaporean families.</p>
<p>According to UNESCO, the challenge for schools was to create meaningful learning experiences that reflected such integration, which meant that highly qualified faculty must constantly be engaged in research and innovation. Otherwise, how can one teach about advancements while experiencing none?</p>
<p>Since the enactment of the Smart Nation initiative, there have been more than 790 Edtech startups launched in Singapore. Today, the government continues to invest heavily in training its future labor pool. <br /><br />Aside from encouraging life-long learning, the city-state&rsquo;s government has also rolled out other initiatives to boost the growth of Edtech in Singapore, like an ICT masterplan, infrastructure upgrades, accelerator programs, increased connectivity in schools, and access to learning resources and opportunities for collaborations for schools and startups.</p>
<p>Those looking to start or invest in an Edtech venture will reap many benefits by betting on Singapore.</p>',
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	(int) 8 => array(
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			'id' => '545690',
			'title' => 'Columbia University seeks closer partnerships with Japan ',
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			'description' => 'The Japan Study Student Association at Columbia University's School of International and Public Affairs organized a visit to Japan in March to allow some of its members to learn more about the country's government, people, culture, and food.',
			'credit_id' => '48',
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			'url' => 'columbia-university-seeks-closer-partnerships-with-japan',
			'tags' => 'US, Japan, Education',
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			'content' => '<p>The Japan Study Student Association at <strong>Columbia University&rsquo;s School of International and Public Affairs </strong>organized a visit to Japan in March to allow some of its members to learn more about the country&rsquo;s government, people, culture, and food.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-2-NYNJ-JASSA-Education.jpg" alt="" />
<figcaption class="image-caption">JASSA representatives during their Japan trip</figcaption>
</figure>
<p>&ldquo;The Japan trip was a phenomenal opportunity not only from a career development perspective but also from a personal development perspective,&rdquo; JASSA Representative Daniel Alvarez said in an article posted on SIPA&rsquo;s website.</p>
<p>&ldquo;Speaking with top politicians, participating in cultural ceremonies, learning about critical events in Japan&rsquo;s history, experiencing the excellent cuisine, and enjoying the nightlife with new friends made for a very well-rounded trip and once-in-a-lifetime experience,&rdquo; Alvarez added.</p>
<p>For SIPA students who want to join future Japan trips, Alvarez encouraged fellow members to attend upcoming JASSA events so they can express their interest to the organizers. The trip was just one of many events of SIPA to bolster U.S.-Japan cooperation.</p>
<p>In June 2023<strong>, SIPA Dean Keren Yarhi-Milo</strong> visited the University of Tokyo's Graduate School of Public Policy, a fellow member of the Global Public Policy Network, where she held pivotal discussions to enhance cross-cultural exchange. <br /><br />In interviews with local media, including Nikkei Asia and TV Tokyo, Yarhi-Milo highlighted SIPA's commitment to integrating Japanese perspectives within its academic community.</p>
<p>&ldquo;We want our students and our faculty to be involved and engaged with Japan,&rdquo; said Yarhi-Milo as she recognized the country&rsquo;s significant economic and strategic influence in East Asia.</p>',
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			'id' => '545691',
			'title' => '3 reasons Japan-Cambodia education partnerships are thriving',
			'description_old' => null,
			'description' => 'As Cambodia and Japan commemorate 70 years of diplomatic relations, the two nations look forward to a new era in their partnership as they seek fresh fields of collaboration. More and more Japanese recognize Cambodia's untapped potential and hope to play a role in the development of its population.',
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			'url' => '3-reasons-japan-cambodia-education-partnerships-are-thriving',
			'tags' => 'Japan, Cambodia, Education',
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			'content' => '<p>As Cambodia and Japan commemorate 70 years of diplomatic relations, the two nations look forward to a new era in their partnership as they seek fresh fields of collaboration. More and more Japanese recognize Cambodia&rsquo;s untapped potential and hope to play a role in the development of its population.</p>
<p>For instance, the increased prominence of the <strong>Institute of Technology of Cambodia </strong>among the expatriate population reveals three key reasons Cambodia&rsquo;s educational landscape has attracted the attention of the Japanese community.</p>
<p>&nbsp;</p>
<p><span style="font-family: helvetica; font-size: 16pt;"><strong>The population is young, growing and mobile</strong></span></p>
<p>&nbsp;</p>
<p>CiteSeerX reports that nearly 70% of Cambodians are 29-years old and younger. <br /><br />&ldquo;Among Cambodia&rsquo;s younger generation, the literacy rate is reported to be quite high because of increasing opportunities for education. The gender gap among young adults is not so substantial, although some age group differences exist,&rdquo; Japan International Cooperation Agency said in its 2023 Country Study.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-2-CAMB-Japan-Education.jpg" alt="" />
<figcaption class="image-caption">Institute of Technology of Cambodia Rector Dr. Po Kimtho (left) and Kanazawa University President Takashi Wada (right)</figcaption>
</figure>
<p>&ldquo;This implies that very well-targeted literacy education by age, sex, geography, time of the class, and contents of the class will likely bring about significant domestic and foreign partnerships in Cambodia&rsquo;s education sector,&rdquo; the study added.An example of such a partnership is that between ITC and Panasonic Cambodia. ITC is one of only two institutions in the kingdom to receive scholarships from Panasonic Cambodia, the local subsidiary of Japanese tech giant Panasonic Group. Panasonic Cambodia Country Head Yosunoby Matsumoto said the initiative will be a means to &ldquo;maximize workforce potential, fostering growth, and nurturing the next generation of leaders.&rdquo;</p>
<p>According to Matsumoto, Panasonic Cambodia recognizes the talented local science and technology students and continues to invest in their capacity building to develop the next generation of technology business leaders that will allow them to participate in a global economy.</p>
<p><strong>&nbsp;</strong></p>
<p><span style="font-size: 16pt;"><strong><span style="font-family: helvetica;">It is open to international collaboration</span> </strong></span></p>
<p>&nbsp;</p>
<p>Cambodia is home to more than 128 higher education institutions, at least 45 of which (including ITC) have active international partnerships with universities and organizations abroad. ITC&rsquo;s outreach activities have helped position itself as an ideal partner for Japanese ventures.</p>
<p>Last year, the deputy director of ITC, along with six other academic delegates, visited the Tokyo Institute of Technology (Tokyo Tech), to partake in the training course &ldquo;Project for Strengthening Engineering Education and Research for Industrial Development in Cambodia,&rdquo; organized by JICA.</p>
<p>Subsequently, JICA formalized an agreement with ITC to strengthen engineering education and research in industrial development in Cambodia</p>
<p>&nbsp;</p>
<p><span style="font-family: helvetica; font-size: 16pt;"><strong>A growing vocationally and technically proficient workforce</strong></span></p>
<p>&nbsp;</p>
<p>&ldquo;Strengthening technical and vocational training is pivotal to attracting Japanese investment in Cambodia,&rdquo; said Labor and Vocational Training Minister Heng Sour, who urged JICA to persist in developing human resources in these domains, a statement that JICA President Sanui Kazumasa agreed with.</p>
<p>ITC, a partner of JICA, produces approximately 3,700 undergraduate and graduate students specializing in science, technology, and engineering.</p>',
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			'id' => '545686',
			'title' => 'Japan's JERA and Inpex to invest in separate U.S. ammonia projects',
			'description_old' => null,
			'description' => 'To bolster Japan's clean energy initiatives, two major Japanese energy companies, JERA and Inpex, are preparing to invest in separate projects in the United States that will produce ammonia for clean-burning power generation in Japan, Nikkei Asia reports. ',
			'credit_id' => '48',
			'image' => null,
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			'url' => 'japans-jera-and-inpex-to-invest-in-separate-us-ammonia-projects',
			'tags' => 'US, Japan, Investment, Green Energy',
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			'content' => '<p>To bolster Japan's clean energy initiatives, two major Japanese energy companies,<strong> JERA</strong> and <strong>Inpex</strong>, are preparing to invest in separate projects in the United States that will produce ammonia for clean-burning power generation in Japan, Nikkei Asia reports.</p>
<figure class="image-container floated-right" style="float: right;"><img class="align-right" src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-2-JERA-and-Inpex.jpg" alt="" />
<figcaption class="image-caption">Inpex President Takayuki Ueda</figcaption>
</figure>
<p><strong>JERA Global CEO and Chair Yukio Kani </strong>and<strong> Inpex President Takayuki Ueda</strong> confirmed the investments with local U.S. media at the CERAWeek 2024 energy industry conference held in Houston, Texas.</p>
<p>JERA, a joint venture between Tokyo Electric Power and Chubu Electric Power, announced its partnership with Oklahoma-based green energy company, Greenfield Energy. Together, they will build a facility in Louisiana to produce green ammonia using renewable energy sources.</p>
<p>Kani also confirmed to media that JERA will hire more people at its U.S. arm, aiming to expand the workforce by 30% after a year to around 250 employees.</p>
<p>On the other hand, Inpex, a leading oil and gas exploration and production company, is exploring opportunities in Texas to establish its own ammonia production facility.</p>
<p>According to Nikkei Asia, Inpex plans to produce 1.1 million tons of ammonia annually in Houston by 2027.</p>
<p>The investments by JERA and Inpex mark significant milestones in Japan's quest for cleaner energy alternatives.</p>',
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		'Articles' => array(
			'id' => '545687',
			'title' => 'Kishida visits North Carolina: Why is it groundbreaking?',
			'description_old' => null,
			'description' => 'To promote Japanese contribution to the United States' investment landscape, Prime Minister Fumio Kishida visited North Carolina in April to tour the site of Toyota Motor Corp.'s electric and hybrid battery plant in the city of Greensboro.',
			'credit_id' => '48',
			'image' => null,
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			'url' => 'kishidas-visits-north-carolina-why-is-it-groundbreaking',
			'tags' => 'US, Japan, Investment, Electric Vehicles',
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			'content' => '<p>To promote Japanese contribution to the United States&rsquo; investment landscape, <strong>Prime Minister Fumio Kishida</strong> visited North Carolina in April to tour the site of Toyota Motor Corp.&rsquo;s electric and hybrid battery plant in the city of Greensboro.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-2-Kishida-Visit-to-NC.jpg" alt="" />
<figcaption class="image-caption">Japanese Prime Minister Fumio Kishida (center) visits Toyota's EV battery plant being built in North Carolina. (Photo source: Nikkei Asia)</figcaption>
</figure>
<p>Kishida&rsquo;s visit marked a historic moment in U.S.-Japan relations because it was the first time since 1891 that a foreign head of state visited the governor&rsquo;s mansion and the first time in a decade that a Japanese prime minister visited the state.</p>
<p>&ldquo;I am honored to be here in North Carolina to showcase the multilayered and strong ties between the United States and Japan,&rdquo; Kishida told guests at the luncheon at the state governor&rsquo;s mansion. He also lauded North Carolina for being a state &ldquo;at the forefront of the times.&rdquo;</p>
<p>Japan remains North Carolina&rsquo;s largest foreign direct investor, employing over 30,000 people in over 200 Japanese companies.</p>
<p>According to the Environmental Defense Fund, North Carolina leads all U.S. states in electric vehicle (EV) investment, attracting over $19 billion in the past year. This is attributed to its world-class infrastructure, skilled workforce, and favorable local policies.</p>
<p>Capitalizing on that environment, Japanese automakers have expanded their EV production capacity in the state. Toyota invested an additional $8 billion in its Greensboro battery plant, raising its total capital investment to around $14 billion and generating more than 5,000 new jobs.</p>
<p>Chiaki Takagi, a Japanese studies lecturer at the University of North Carolina Greensboro, highlighted the significance of Kishida&rsquo;s visit: &ldquo;This whole thing will provide the area with opportunities to be engaged in very active cultural exchange between Japan and the U.S.&rdquo;</p>',
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			'id' => '545756',
			'title' => 'Renowned U.S. chip designer wants to end Nvidia's global dominance',
			'description_old' => null,
			'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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			'url' => 'renowned-us-chip-designer-wants-to-end-nvidias-global-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&rsquo;s global market dominance.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-13-Tenstorrent.jpg" alt="" />
<figcaption class="image-caption">Tenstorrent CEO Jim Keller (Photo source: Tenstorrent)</figcaption>
</figure>
<p>Headquartered in Toronto, Tenstorrent has offices in Austin, Texas and Santa Clara, California, as well as in Belgrade, Tokyo, Bangalore, and Seoul. The company claims to be developing AI processors that perform as efficiently as Nvidia's AI GPUs but at a lower cost.</p>
<p>At present, Nvidia is the global market leader when it comes to AI chips. Its AI accelerators command between 70% and 95% of the global market share, according to CNBC.</p>
<p>Keller also said in the interview that Tenstorrent hopes to sell its second-generation multipurpose AI chip by the end of this year.</p>
<p>According to Keller, Tenstorrent can achieve its objective because it does not use high-bandwidth memory (HBM), a popular type of advanced memory chip capable of transferring large amounts of data quickly. HBM is a vital component for generative AI chips and has played a significant role in the success of Nvidia's offerings.</p>
<p>But Keller pointed out that HBM was also one of the culprits behind the massive energy consumption and high prices of AI chips.</p>
<p>"Even the people that use HBM struggle with the cost of it, [and] the design time to build it,&rdquo; 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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			'title' => 'ITOCHU to take part in Taiwan's smart city project ',
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			'description' => 'Tokyo-based trading giant ITOCHU secured a contract to develop and test AI systems that will help run the transportation network and energy infrastructure of a future smart city project in southern Taiwan, according to a company press release.',
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			'content' => '<p>Tokyo-based trading giant <strong>ITOCHU</strong> secured a contract to develop and test AI systems that will help run the transportation network and energy infrastructure of a future smart city project in southern Taiwan, according to a company press release.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-13-ITOCHU-Taiwan.jpg" alt="" />
<figcaption class="image-caption">ITOCHU plans to roll out AI-powered buses for Taiwan's new smart city project in Tainan. (Photo source: Nikkei Asia)</figcaption>
</figure>
<p>ITOCHU outbid other parties interested in the Integrated Development Project for Shalun Smart Green Energy Science City located in Tainan. The early-stage contract, according to Nikkei Asia, is worth around $332,000 (10.8 million New Taiwan dollars).</p>
<p>According to ITOCHU, the goal is to test its AI systems on a trial basis by the end of October. This is the first time the trading house has officially participated in an overseas smart city project.</p>
<p>The Taiwanese government also announced plans to earmark an additional $306.9 million (or 10 billion NTD) to develop the country&rsquo;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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			'title' => 'Melexis opens its largest wafer testing site in Malaysia',
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			'description' => 'Belgium-based supplier of semiconductor solutions Melexis has opened its largest wafer testing site worldwide in Kuching in the Malaysian state of Sarawak to strengthen its presence in Asia-Pacific and meet the rising demand for semiconductors around the world, according to a company announcement.',
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			'content' => '<p>Belgium-based supplier of semiconductor solutions <strong>Melexis</strong> has opened its largest wafer testing site worldwide in Kuching in the Malaysian state of Sarawak to strengthen its presence in Asia-Pacific and meet the rising demand for semiconductors around the world, according to a company announcement.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-13-Melexis.jpg" alt="" />
<figcaption class="image-caption">Melexis' new 70 million-euro facility in Kuching is a nod to the local architectural design. (Photo source: Melexis)</figcaption>
</figure>
<p>Wafer testing is part of the manufacturing process wherein all individual integrated circuits are checked for functional defects through special test patterns.</p>
<p>According to Melexis, its expansion in Malaysia is a strategic move to streamline logistics and reduce its ecological footprint. Additionally, it selected Kuching because of its diverse, multilingual, entrepreneurial and highly skilled workforce.</p>
<p><strong>Melexis CEO Marc Biron </strong>said, &ldquo;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.&rdquo;</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&rsquo;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>&ldquo;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,&rdquo; <strong>Sarawak&rsquo;s Ministry of International Trade, Industry and Investment </strong>said in a statement<strong>.</strong></p>
<p>&ldquo;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,&rdquo; the statement also said.</p>',
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			'title' => 'ITOCHU invests in U.S. hydrogen aircraft engine maker ZeroAvia',
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			'description' => 'Japanese trading giant ITOCHU announced this month it had invested in ZeroAvia, a British-American maker of hydrogen-electric engines for aircraft, according to a company statement.',
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			'content' => '<p>Japanese trading giant <strong>ITOCHU</strong> announced this month it had invested in <strong>ZeroAvia</strong>, a British-American maker of hydrogen-electric engines for aircraft, according to a company statement.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-13-Itochu-ZeroAvia.jpg" alt="" />
<figcaption class="image-caption">An aircraft powered by ZeroAvia's hydrogen-electric engines (Photo source: ZeroAvia)</figcaption>
</figure>
<p>Founded in 2018, ZeroAvia describes itself as &ldquo;a team of passionate innovators dedicated to bringing safe, zero-emission flight to aviation.&rdquo; The company claims its hydrogen-electric propulsion systems are &ldquo;the most environmentally friendly and economically attractive solution to aviation&rsquo;s growing climate change impact.&rdquo;</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&rsquo;s long-term goal of helping save the planet by decarbonizing the aviation industry.</p>',
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			'description' => 'For the third time in the last five years, Virginia was ranked America's Top State for Business in 2024 by CNBC, which cited the state for having the best public schools in the country. It grabbed the top spot in 2007, 2009, 2011, 2019, and 2021.',
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			'content' => '<p>For the third time in the last five years,<strong> Virginia</strong> was ranked America&rsquo;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>
</figure>
<p>&ldquo;Congratulations to Virginia on being named America&rsquo;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,&rdquo; 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&rsquo;s 10 categories this year, &ldquo;a rare feat,&rdquo; 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&rsquo;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&rsquo;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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			'content' => '<p>The U.S. subsidiary of Japanese group <strong>FANUC</strong>, one of the world&rsquo;s largest makers of industrial robots, has opened a $110 million facility in Michigan to store, sell and maintain made-in-Japan industrial robots for North American customers, according to a statement from FANUC America.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-13-FANUC.jpg" alt="" />
<figcaption class="image-caption">Michigan Gov. Gretchen Whitmer (center) with senior officers of FANUC America at its West Campus. (Photo source: FANUC America)</figcaption>
</figure>
<p>The new 650,000-square-foot facility was inaugurated on July 10 and is located in FANUC America&rsquo;s West Campus in Auburn Hills, Michigan. The expansion increases the company&rsquo;s footprint in Michigan to over 2 million square feet and is part of FANUC America&rsquo;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,&rdquo; <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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			'title' => 'NY-based AI med tech startup raises $50 million',
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			'description' => 'K Health, a leading AI-driven primary care company that provides 24/7 virtual primary care solutions through its mobile app, announced this month that it had raised $50 million in funding led by Claure Group with participation from investors, including Pablo Legorreta (founder and CEO of Royalty Pharma) and Mangrove Capital Partners, Valor Equity Partners, and Atreides Management.',
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			'content' => '<p><strong>K Health</strong>, a leading AI-driven primary care company that provides 24/7 virtual primary care solutions through its mobile app, announced this month that it had raised $50 million in funding led by Claure Group with participation from investors, including Pablo Legorreta (founder and CEO of Royalty Pharma) and Mangrove Capital Partners, Valor Equity Partners, and Atreides Management.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-12-NYNJ-K-Health-Alan-Bloch.jpg" alt="" />
<figcaption class="image-caption">K Health founder and CEO Allon Bloch (Photo source: K Health)</figcaption>
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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>&ldquo;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,&rdquo; explained<strong> K Health founder and CEO Allon Bloch.</strong></p>
<p>&ldquo;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,&rdquo; 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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			'content' => '<p>Ontario-based multinational <strong>Lee Li Holdings (LLH)</strong> <strong>CEO Lee Q. Shim</strong> told <strong>Cambodian Prime Minister Hun Manet </strong>in a meeting at the capital Phnom Penh this month that his company was looking at investment opportunities in the country, including its automotive healthcare, gas and oil, food processing and logistics, automobiles, and exports accreditation sectors.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-12-CAMB-Li-Lee-Holdings.jpg" alt="" />
<figcaption class="image-caption">Cambodia Prime Minister Hun Manet (right) met with Lee Li Holdings President and CEO Lee Q. Shim (Ieft) in Phnom Penh this month. (Photo source: Office of the Prime Minister)</figcaption>
</figure>
<p>During the meeting, Manet pointed out that the <strong>Cambodia Chamber of Commerce</strong> had two representative offices in Canada (Toronto and Montreal) that promote bilateral trade and assist exporters and importers in their two countries.</p>
<p>&ldquo;Shim&rsquo;s visit will further contribute to the promotion of trade relations between Cambodia and Canada,&rdquo; 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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			'description' => 'National University Hospital (NUH), the main teaching hospital of the country's top-ranking National University of Singapore, announced this month the opening of a center focused on providing trauma care to vulnerable groups, particularly children, older adults, and migrant workers.',
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			'content' => '<p><strong>National University Hospital (NUH)</strong>, the main teaching hospital of the country&rsquo;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>
<p>&ldquo;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,&rdquo; 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&rsquo;s only pediatric kidney and liver transplant program.</p>',
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		'title' => 'Toyota unveils $1.4 billion investment in Indiana to make more electric vehicles',
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		'description' => 'Toyota, the world's largest automaker, has announced a $1.4 billion expansion of its factory in the U.S. state of Indiana to produce electric vehicles (EVs) starting in 2026. With the new expansion, Toyota Motor Manufacturing Indiana will become the company's second EV production facility in the United States.',
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		'content' => '<p>Toyota, the world&rsquo;s largest automaker, has announced a $1.4 billion expansion of its factory in the U.S. state of Indiana to produce electric vehicles (EVs) starting in 2026. With the new expansion, Toyota Motor Manufacturing Indiana will become the company&rsquo;s second EV production facility in the United States.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-3-Toyota-EVs.jpg" alt="" />
<figcaption class="image-caption">Toyota Motor Manufacturing Indiana President Tim Hollander (Source: PR Newswire)</figcaption>
</figure>
<p>According to Nikkei Asia, the investment will create 340 new high-quality jobs and increase the company&rsquo;s total number of employees in Indiana to around 8,000. The expansion also raises</p>
<p>Toyota&rsquo;s total investment in the state to $8 billion, Green Car Congress reported. <br /><br />Toyota&rsquo;s decision to increase EV production comes amid a surge in demand for its hybrid models, said CBT News.</p>
<p>In April, Toyota reported record annual sales for the fiscal year ending in March, surpassing the 10 million-unit mark for the first time. Its hybrid models have played a major role in growing the company&rsquo;s market share over the past year.</p>
<p>Toyota&rsquo;s only other EV factory in the United States is in Kentucky. The facility Georgetown is due to begin operations next year.</p>
<p>"Since 2021, Toyota has announced new investments totaling $18.6 billion into its U.S. manufacturing operations to support electrification efforts," the company said.</p>',
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		'created_date' => '2024-05-07',
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		'section_summary' => 'Toyota, the world's largest automaker, has announced a $1.4 billion expansion of its factory in the U.S. state of Indiana to produce electric vehicles (EVs) starting in 2026. With the new expansion, Toyota Motor Manufacturing Indiana will become the company's second EV production facility in the United States.',
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		'type_id' => '1',
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$imgg = ''
include - APP/View/Featuresite/upcomingfeaturelist.ctp, line 53
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 963
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 108

Notice (8): Undefined index: SpecialFeature [APP/View/Featuresite/upcomingfeaturelist.ctp, line 53]
Code Context
                                $imgg = $this->Html->url('/upload/article/company_focus/'.$article['Articles']['id'].'/'.$article['Articles']['company_focus_image']);
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			'description' => 'Boston's Japanese food scene got more diverse with the opening in April of Sakabayashi Sushi Tavern, a subsidiary of Japan's largest conveyor-belt sushi chain, Sushiro. The restaurant is the first investment of its parent company, Food & Life Co., in the United States. ',
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			'content' => '<p>Boston&rsquo;s Japanese food scene got more diverse with the opening in April of Sakabayashi Sushi Tavern, a subsidiary of Japan&rsquo;s largest conveyor-belt sushi chain, Sushiro. The restaurant is the first investment of its parent company, <strong>Food &amp; Life Co.</strong>, in the United States.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-4-Sushiro.jpg" alt="" />
<figcaption class="image-caption">Food &amp; Life Companies USA President Yosuke Tanaka (Source: LinkedIn/Yosue Tanaka)</figcaption>
</figure>
<p>Sakabayashi retained the original restaurant&rsquo;s <em>izakaya </em>style of dining<em>, </em>wherein patrons can eat and drink in a casual setting. With menu items priced from under $10, the restaurant wants to attract a diverse crowd.</p>
<p>&ldquo;Ensuring affordability while providing an authentic Japanese experience to Americans is paramount. Eighty percent of our menu is recreated from Japan. Our raw ingredients are sourced from our global procurement chain,&rdquo; said <strong>Food &amp; Life Companies USA President Yosuke Tanaka.</strong></p>
<p>Although Sakabayashi Sushi Tavern is Food and Life&rsquo;s first foray in the country, the group has many years of international experience. With operations in eight countries, primarily in Asia, Food &amp; Life aims to generate $1.45 billion in overseas revenue by the end of the fiscal year 2026 by opening more conveyor-belt sushi restaurants in the United States.</p>
<p>&ldquo;Our priority is not limited to deploying our existing brand but also to discovering, developing, and expanding new brands and food-services formats through the reinforcement of our competitive advantages in ingredient development, procurement, and supply chain management,&rdquo; said <strong>Food &amp; Life Ltd. President and CEO Koichi Mizutome.</strong></p>
<p>Mizutome&rsquo;s confidence stems from the growing popularity of Japanese cuisine in the United States. In 2023, revenues of sushi restaurants in America grew by 4.5% and are expected to grow further, according to research firm IBIS World.</p>
<p>In the United States, ramen shops are also growing more popular as various Japanese chains, like Fukuoka and Ramen Santouka, plan to open more outlets across the country.</p>',
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		'Articles' => array(
			'id' => '545695',
			'title' => 'Impostor Syndrome and The Incomplete Leader',
			'description_old' => null,
			'description' => 'Now that everyone's details, accomplishments, and track record are easily fact-checked and reviewed on the internet, there has been a rise in the number of anxiety-riddled executives. The same tool used for work productivity has also been a source of consternation.',
			'credit_id' => '48',
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			'url' => 'impostor-syndrome-and-the-incomplete-leader',
			'tags' => 'Leadership, Management, Impostor Syndrome',
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			'rss_url' => null,
			'content_old' => null,
			'content' => '<p>The notion that &ldquo;leaders have to be flawless&rdquo; is starting to disappear. Access to unlimited information, a.k.a. the Internet, should have changed this perception ages ago.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-3-SG-Impostor-Syndrome.jpg" alt="" />
<figcaption class="image-caption">The workplace has evolved to become a more forgiving place for its leaders. (Illustration by Lianne Dominguez)</figcaption>
</figure>
<p>But now that everyone&rsquo;s details, accomplishments, and track record are easily fact-checked and reviewed on the internet, there has been a rise in the number of anxiety-riddled executives. The same tool used for work productivity has also been a source of consternation.</p>
<p>The pressure to have intellectual and interpersonal superiority is at an all-time high. According to the National Library of Medicine, impostor syndrome (IS) is a behavioral health phenomenon described as self-doubt of intellect, skills, or accomplishments among high-achieving individuals. Yes! The seemingly poised manager could be a fa&ccedil;ade.</p>
<p>Despite the tremendous pressure for perfection, an article in Harvard Business Review offers a solution to ease some caffeine-stimulated corporate minds. The authors, in praise of &ldquo;The Incomplete Leader,&rdquo; recommend embracing imperfections to strengthen one&rsquo;s leadership abilities. It also said that organizations were evolving to become more collaborative than hierarchical.</p>
<p>Decisions should often be made in the context of the open economy, therefore as no senior executive has a monopoly on knowledge. The overarching theme was that: Leaders should determine the right colleague to handle areas of their perceived weaknesses.&nbsp;</p>
<p>In fact, four leadership capabilities are developed during this process: sense-making, relating, visioning, and inventing.</p>
<p>Arguably, many teams have adopted the practice of &ldquo;excellence&rdquo; over &ldquo;perfection&rdquo;. The culture of excellence, while forgiving mistakes and considering personal limitations, does not absolve leaders and team members from giving their best.</p>
<p>Accepting the new demands and realities of a hybrid workplace, especially for leaders, will empower and not overwhelm the incomplete leader.</p>',
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			'id' => '545696',
			'title' => 'Brewing success: How leadership catapulted Paradox Brewery to new heights',
			'description_old' => null,
			'description' => 'Paradox Brewery President and founder Paul Mrocka is widely credited for driving the New York-based to new levels of success through strategic planning, data-driven decision-making, and effective international partnerships.',
			'credit_id' => '48',
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			'url' => 'brewing-success-how-leadership-catapulted-paradox-brewery-to-new-heights',
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			'content' => '<p><strong>Paradox Brewery President and founder Paul Mrocka </strong>is widely credited for driving the New York-based to new levels of success through strategic planning, data-driven decision-making, and effective international partnerships.</p>
<p>According to Mrocka, data isn't just numbers at Paradox Brewery. It's a roadmap to success.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-3-NYNJ-Paradox-Brewery.jpg" alt="" />
<figcaption class="image-caption">Paradox Brewery President and founder Paul Mrocka</figcaption>
</figure>
<p>In an interview with GMI POST, Mrocka emphasized their reliance on Information Resources, Inc. (IRI) data to understand market trends, consumer preferences, and competitor strategies.</p>
<p>&ldquo;We're very competitive in our prices and a data-driven company. We tell stories with this data that we buy. And we use that data to go to the buyer and talk to them about it,&rdquo; he said.</p>
<p>By leveraging IRI&rsquo;s data, Paradox Brewery gains insights that shape its marketing strategies and product development, ensuring it stays ahead in the fiercely competitive craft beer market.</p>
<p>Paradox Brewery isn't afraid to think big either. </p>
<p>&ldquo;You have to put the time in. You have to show up and get face-to-face with these people because there has to be a degree of comfort on both sides of the arrangement to buy beer from the other side of the planet,&rdquo;<strong> Director of Operations Devon Hamilton </strong>said about plans to expand globally.</p>
<p>By nurturing strong relationships with international partners, Paradox Brewery secures distribution channels and builds a global brand presence, Hamilton also said.</p>
<p>For Paradox Brewery, success isn't just about reacting to market trends but about anticipating and shaping them. Through constant planning and adaptation, the company stays at the forefront of innovation, offering a diverse and appealing portfolio to its customers.</p>
<p>&ldquo;We all sit down, talk about what did well last year, what we think we should bring back for next year, what the upcoming trends are, and argue about what our portfolio will be,&rdquo; Hamilton said.</p>
<p>As Paradox Brewery expands both domestically and internationally, the skills and dedication of its leaders will ensure the New York brand remains a beloved brand in the craft beer industry.</p>',
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			'id' => '545697',
			'title' => 'What Cambodia's honey industry can teach businesses ',
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			'description' => 'In 2021, Cambodia's government awarded its first geographic indication (GI) label for the wild honey harvested in Mondulkiri Province. The protected GI label, granted to local products with distinctive regional qualities, has elevated the profile of Cambodian honey on the global stage.',
			'credit_id' => '48',
			'image' => null,
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			'url' => 'what-cambodias-honey-industry-can-teach-businesses',
			'tags' => 'Cambodia, Leadership, Management, Agriculture, Honey',
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			'content' => '<p>Cambodia&rsquo;s honey industry has experienced steady growth in recent years. In 2021, the government awarded its first geographic indication (GI) label for the wild honey harvested in Mondulkiri Province. The protected GI label, granted to local products with distinctive regional qualities, has elevated the profile of Cambodian honey on the global stage.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-3-CAMB-Honey.jpg" alt="" />
<figcaption class="image-caption">Cambodia Honey Association Executive Director Sem Sreytouch</figcaption>
</figure>
<p>Although varieties like Modulkiri money have been harvested in Cambodia for centuries, efforts to streamline and formalize the industry&rsquo;s value chain are relatively recent and spearheaded by the Cambodia Honey Association (CHA), the main advocacy group representing the sector&rsquo;s stakeholders.</p>
<p>In an interview with GMI POST, CHA underscored the necessary steps to invigorate the industry while providing insight into navigating business in an emerging market landscape.&nbsp;</p>
<p><strong>&nbsp;</strong></p>
<p><span style="font-family: helvetica; font-size: 18pt;"><strong>Collaboration over competition </strong></span></p>
<p><strong>&nbsp;</strong></p>
<p><strong>CHA Executive Director Sem Sreytouch </strong>emphasizes the importance of shifting industry stakeholders&rsquo; mindset from competition to collaboration.</p>
<p>&ldquo;One of our main advocacies is to enact a change in mindset among Cambodian honey growers, apiaries, and other stakeholders in the value chain. A united front is required to elevate the overall standards of the Cambodian honey industry&rdquo; she said.</p>
<p><strong>&nbsp;</strong></p>
<p><span style="font-family: helvetica; font-size: 18pt;"><strong>Prioritize capacity building</strong></span></p>
<p><strong>&nbsp;</strong></p>
<p><strong>Peter Batt, Ph.D of Curtin University,</strong> also a fellow of the International Horticultural Congress, stressed the need for education and capacity-building at the grassroots level in emerging markets like Cambodia.</p>
<p>&ldquo;A key aspect of addressing challenges in Cambodia, particularly within the honey industry, was capacity building of smallholder farmers and empowering those farmers with basic and practical skills to help them grasp what it takes to thrive in trade,&rdquo; he said.</p>
<p><strong>&nbsp;</strong></p>
<p><span style="font-size: 1*pt;"><strong><span style="font-family: helvetica;">Explore untapped resources</span> </strong></span></p>
<p>&nbsp;</p>
<p>CHA also highlighted Cambodia's rich geographic diversity as a wellspring of untapped potential for future GI labels, such as honey from the lesser-known Tonle Sap Lake region. <strong>Dr. Try Yong</strong>, a beekeeping expert and an advisor to the Royal Ministry of Agriculture, underscored Cambodia&rsquo;s abundance of untapped honey collection areas in the rest of the country.</p>
<p>&ldquo;Regions like Tone Sap Lake and the western coasts offer promising opportunities. Despite the vast forests from which much of our honey originates, many areas lack GI certification, signaling significant untapped potential and future business opportunities for our kingdom,&rdquo; he said.</p>',
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			'id' => '545692',
			'title' => 'Wisconsin to give multimillion tax incentive to Kikkoman for new expansion',
			'description_old' => null,
			'description' => 'Kikkoman Foods Inc. has broken ground for its third manufacturing plant in Jefferson County and an expansion to its existing plant in neighboring Walworth County, Wisconsin. To support this fresh investment, the Wisconsin Economic Development Corp. (WEDC) plans to provide the Japanese soy sauce maker up to $15.5 million in performance-based tax credits.',
			'credit_id' => '48',
			'image' => null,
			'image_caption' => null,
			'url' => 'wisconsin-to-give-multimillion-tax-incentive-to-kikkoman-for-new-expansion',
			'tags' => 'US, Japan, Wisconsin, Economic Development, Food',
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			'content' => '<p>Kikkoman Foods Inc. has broken ground for its third manufacturing plant in Jefferson County and an expansion to its existing plant in neighboring Walworth County, Wisconsin. To support this fresh investment, the <strong>Wisconsin Economic Development Corp. (WEDC)</strong> plans to provide the Japanese soy sauce maker up to $15.5 million in performance-based tax credits.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-3-Kikkoman-Wisconsin.jpg" alt="" />
<figcaption class="image-caption">Wisconsin Economic Development Corporation CEO and Secretary Missy Hughes (Source: Milwaukee Business Journal)</figcaption>
</figure>
<p>Kikkoman&rsquo;s expansion in Wisconsin will inject $800 million into the state&rsquo;s economy and create 83 new jobs over the next decade. The Walworth facility, opened in 1973, is the company&rsquo;s highest-producing soy sauce factory globally.</p>
<p>Meanwhile, the plant in Jefferson City is scheduled to start operations in 2026 and will focus on soy sauce-related products, like teriyaki sauce. Aside from enhancing efficiency and scalability, the facility will bolster Kikkoman&rsquo;s sustainability efforts by using renewable energy sources and equipment with lower CO2 emissions.</p>
<p><strong>WEDC Secretary and CEO Missy Hughes</strong> welcomed the announcement: &ldquo;Fifty years ago, Kikkoman made history by choosing Walworth, Wisconsin for its first international brewing plant. Now, by expanding its presence in Jefferson, Kikkoman is opening a new chapter in its history.&rdquo;</p>
<p><strong>Jefferson City Mayor Dale Oppermann</strong> expressed appreciation for Kikkoman&rsquo;s continued trust in the region: &ldquo;Kikkoman&rsquo;s decision to invest in Jefferson underscores the strength and appeal of our local food and beverage niche. We look forward to a long, prosperous partnership.&rdquo;</p>
<p>Meanwhile, <strong>Kikkoman Chair and honorary CEO Yuzauro Mogi </strong>said the company&rsquo;s choice of Wisconsin was rooted in several factors, among them its location, which provided convenient market access, as well as its skilled workforce, easy availability of raw materials, an abundance of clean water, the collaborative spirit of the local community.</p>
<p>&ldquo;We look forward to expanding our footprints in Wisconsin and establishing a supply chain with increased stability in North America,&rdquo; he also said.</p>
<p>Over the past five decades, Kikkoman has transformed rural Wisconsin through partnerships with the local community, donating more than $17 million to charitable organizations.</p>
<p>As one of the first production facilities set up by a Japanese company in the United States, the Walworth plant is seen as a valuable symbol of the close business and cultural partnership between the two countries.</p>
<p>&ldquo;Whether it&rsquo;s providing thousands of jobs, bolstering our economy or providing us and the world with phenomenal soy sauce, Kikkoman is doing good work across Wisconsin and the country. I am grateful for their continued partnership and expansion in Wisconsin,&rdquo; said <strong>Gov. Tony Evers</strong>.</p>',
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			'id' => '545693',
			'title' => 'New York wants more Japanese chipmakers in the state',
			'description_old' => null,
			'description' => 'Empire State Development (ESD), the umbrella organization for New York's two main economic development corporations, wants more Japanese chip industry suppliers to open operations in the state to support the upcoming manufacturing facilities of Micron Technology, the world's fourth-largest semiconductor company.',
			'credit_id' => '48',
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			'url' => 'new-york-wants-more-japanese-chipmakers-in-the-state',
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			'content' => '<p><strong>Empire State Development (ESD)</strong>, the umbrella organization for New York's two main economic development corporations, wants more Japanese chip industry suppliers to open operations in the state to support the upcoming manufacturing facilities of Micron Technology, the world&rsquo;s fourth-largest semiconductor company.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-3-Micron-NY.jpg" alt="" />
<figcaption class="image-caption">Empire State Development President Hope Knight (Source: Empire State Development)</figcaption>
</figure>
<p>&ldquo;Last year, we were able to attract Micron to central New York. With the large investment that Micron is making, $100 billion, we know that we have to build an ecosystem to support that activity. That's why we're here on this mission: to talk to Japanese firms, some of Micron's suppliers, to come and locate in New York,&rdquo; <strong>ESD President Hope Knight</strong> told Nikkei Asia.</p>
<p>While Knight did not name the companies she spoke to during her visit to Japan, she mentioned that some were &ldquo;very excited about the possibility&rdquo; of investing in the state.</p>
<p>Micron, the only memory and storage manufacturer in the United States, has announced plans to build a $100 billion &ldquo;mega fab,&rdquo; which will employ more than 9,000 people, near Syracuse in upstate New York.</p>
<p>Even before the CHIPS and Science Act became federal law in 2022, New York had unveiled its $10 billion program, called Green CHIPS, which offered tax incentives to chip manufacturers. Participants of Green CHIPS can benefit from zero corporate income tax rates and receive tax credits based on their capital spending and research and development expenditures.</p>
<p>&ldquo;We customize a package for you,&rdquo; said Knight, who emphasized that incentives are tailored based on various factors, like the number of jobs created and size of investment.</p>
<p>The ESD president highlighted the importance of bringing back chip manufacturing to the United States, citing national security concerns and geopolitical trends, and underscored New York's manufacturing legacy and its readiness to revive its manufacturing sector.</p>
<p>New York has prioritized chip manufacturing as a key industry for economic growth. Apart from IBM, 75 other semiconductor-related companies have made new investments in the state. And since the introduction of Green CHIPS, total investments have reached $112 billion.</p>
<p>On concerns surrounding the high cost of living and labor costs associated with New York City, Knight said that cities in upstate New York, such as Albany, Syracuse, Rochester and Buffalo, offer affordability and have cheaper sources of clean power.</p>
<p>As head of ESD, Knight works closely with Gov. Kathy Hochul in developing the state economy through various measures like financing, subsidies, and tax breaks. As of 2022, ESD has been involved in at least 190 projects.</p>',
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			'id' => '545694',
			'title' => 'Toyota unveils $1.4 billion investment in Indiana to make more electric vehicles',
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			'description' => 'Toyota, the world's largest automaker, has announced a $1.4 billion expansion of its factory in the U.S. state of Indiana to produce electric vehicles (EVs) starting in 2026. With the new expansion, Toyota Motor Manufacturing Indiana will become the company's second EV production facility in the United States.',
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			'url' => 'toyota-unveils-14-billion-investment-in-indiana-to-make-more-electric-vehicles',
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			'content' => '<p>Toyota, the world&rsquo;s largest automaker, has announced a $1.4 billion expansion of its factory in the U.S. state of Indiana to produce electric vehicles (EVs) starting in 2026. With the new expansion, Toyota Motor Manufacturing Indiana will become the company&rsquo;s second EV production facility in the United States.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-3-Toyota-EVs.jpg" alt="" />
<figcaption class="image-caption">Toyota Motor Manufacturing Indiana President Tim Hollander (Source: PR Newswire)</figcaption>
</figure>
<p>According to Nikkei Asia, the investment will create 340 new high-quality jobs and increase the company&rsquo;s total number of employees in Indiana to around 8,000. The expansion also raises</p>
<p>Toyota&rsquo;s total investment in the state to $8 billion, Green Car Congress reported. <br /><br />Toyota&rsquo;s decision to increase EV production comes amid a surge in demand for its hybrid models, said CBT News.</p>
<p>In April, Toyota reported record annual sales for the fiscal year ending in March, surpassing the 10 million-unit mark for the first time. Its hybrid models have played a major role in growing the company&rsquo;s market share over the past year.</p>
<p>Toyota&rsquo;s only other EV factory in the United States is in Kentucky. The facility Georgetown is due to begin operations next year.</p>
<p>"Since 2021, Toyota has announced new investments totaling $18.6 billion into its U.S. manufacturing operations to support electrification efforts," the company said.</p>',
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	(int) 7 => array(
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			'id' => '545689',
			'title' => 'Singapore: A fertile ground for Edtech ',
			'description_old' => null,
			'description' => 'Globally, education technology (Edtech) is a rapidly growing sector. According to Precision Report's EdTech Market Research Report 2024, the global Edtech market size was valued at $115 billion in 2021 and is expected to reach $467 billion by 2027. ',
			'credit_id' => '48',
			'image' => null,
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			'url' => 'singapore-a-fertile-ground-for-edtech',
			'tags' => 'Japan, Singapore, Education',
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			'content' => '<p>Globally, education technology (Edtech) is a rapidly growing sector. According to Precision Report&rsquo;s EdTech Market Research Report 2024, the global Edtech market size was valued at $115 billion in 2021 and is expected to reach $467 billion by 2027.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-2-SG-Education.jpg" alt="" />
<figcaption class="image-caption">Starting them young: Singapore's education system has gained admiration from around the world.</figcaption>
</figure>
<p>Singapore has stood out as one of the most fertile grounds for the sector&rsquo;s growth. The origins of Singapore&rsquo;s thriving Edtech sector can be traced back to 2014, when the country&rsquo;s national government enacted its Smart Nation initiative, which required schools to incorporate innovation and technology in the daily lives of Singaporean families.</p>
<p>According to UNESCO, the challenge for schools was to create meaningful learning experiences that reflected such integration, which meant that highly qualified faculty must constantly be engaged in research and innovation. Otherwise, how can one teach about advancements while experiencing none?</p>
<p>Since the enactment of the Smart Nation initiative, there have been more than 790 Edtech startups launched in Singapore. Today, the government continues to invest heavily in training its future labor pool. <br /><br />Aside from encouraging life-long learning, the city-state&rsquo;s government has also rolled out other initiatives to boost the growth of Edtech in Singapore, like an ICT masterplan, infrastructure upgrades, accelerator programs, increased connectivity in schools, and access to learning resources and opportunities for collaborations for schools and startups.</p>
<p>Those looking to start or invest in an Edtech venture will reap many benefits by betting on Singapore.</p>',
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			'id' => '545690',
			'title' => 'Columbia University seeks closer partnerships with Japan ',
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			'description' => 'The Japan Study Student Association at Columbia University's School of International and Public Affairs organized a visit to Japan in March to allow some of its members to learn more about the country's government, people, culture, and food.',
			'credit_id' => '48',
			'image' => null,
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			'url' => 'columbia-university-seeks-closer-partnerships-with-japan',
			'tags' => 'US, Japan, Education',
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			'content' => '<p>The Japan Study Student Association at <strong>Columbia University&rsquo;s School of International and Public Affairs </strong>organized a visit to Japan in March to allow some of its members to learn more about the country&rsquo;s government, people, culture, and food.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-2-NYNJ-JASSA-Education.jpg" alt="" />
<figcaption class="image-caption">JASSA representatives during their Japan trip</figcaption>
</figure>
<p>&ldquo;The Japan trip was a phenomenal opportunity not only from a career development perspective but also from a personal development perspective,&rdquo; JASSA Representative Daniel Alvarez said in an article posted on SIPA&rsquo;s website.</p>
<p>&ldquo;Speaking with top politicians, participating in cultural ceremonies, learning about critical events in Japan&rsquo;s history, experiencing the excellent cuisine, and enjoying the nightlife with new friends made for a very well-rounded trip and once-in-a-lifetime experience,&rdquo; Alvarez added.</p>
<p>For SIPA students who want to join future Japan trips, Alvarez encouraged fellow members to attend upcoming JASSA events so they can express their interest to the organizers. The trip was just one of many events of SIPA to bolster U.S.-Japan cooperation.</p>
<p>In June 2023<strong>, SIPA Dean Keren Yarhi-Milo</strong> visited the University of Tokyo's Graduate School of Public Policy, a fellow member of the Global Public Policy Network, where she held pivotal discussions to enhance cross-cultural exchange. <br /><br />In interviews with local media, including Nikkei Asia and TV Tokyo, Yarhi-Milo highlighted SIPA's commitment to integrating Japanese perspectives within its academic community.</p>
<p>&ldquo;We want our students and our faculty to be involved and engaged with Japan,&rdquo; said Yarhi-Milo as she recognized the country&rsquo;s significant economic and strategic influence in East Asia.</p>',
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			'id' => '545691',
			'title' => '3 reasons Japan-Cambodia education partnerships are thriving',
			'description_old' => null,
			'description' => 'As Cambodia and Japan commemorate 70 years of diplomatic relations, the two nations look forward to a new era in their partnership as they seek fresh fields of collaboration. More and more Japanese recognize Cambodia's untapped potential and hope to play a role in the development of its population.',
			'credit_id' => '48',
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			'url' => '3-reasons-japan-cambodia-education-partnerships-are-thriving',
			'tags' => 'Japan, Cambodia, Education',
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			'content' => '<p>As Cambodia and Japan commemorate 70 years of diplomatic relations, the two nations look forward to a new era in their partnership as they seek fresh fields of collaboration. More and more Japanese recognize Cambodia&rsquo;s untapped potential and hope to play a role in the development of its population.</p>
<p>For instance, the increased prominence of the <strong>Institute of Technology of Cambodia </strong>among the expatriate population reveals three key reasons Cambodia&rsquo;s educational landscape has attracted the attention of the Japanese community.</p>
<p>&nbsp;</p>
<p><span style="font-family: helvetica; font-size: 16pt;"><strong>The population is young, growing and mobile</strong></span></p>
<p>&nbsp;</p>
<p>CiteSeerX reports that nearly 70% of Cambodians are 29-years old and younger. <br /><br />&ldquo;Among Cambodia&rsquo;s younger generation, the literacy rate is reported to be quite high because of increasing opportunities for education. The gender gap among young adults is not so substantial, although some age group differences exist,&rdquo; Japan International Cooperation Agency said in its 2023 Country Study.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-2-CAMB-Japan-Education.jpg" alt="" />
<figcaption class="image-caption">Institute of Technology of Cambodia Rector Dr. Po Kimtho (left) and Kanazawa University President Takashi Wada (right)</figcaption>
</figure>
<p>&ldquo;This implies that very well-targeted literacy education by age, sex, geography, time of the class, and contents of the class will likely bring about significant domestic and foreign partnerships in Cambodia&rsquo;s education sector,&rdquo; the study added.An example of such a partnership is that between ITC and Panasonic Cambodia. ITC is one of only two institutions in the kingdom to receive scholarships from Panasonic Cambodia, the local subsidiary of Japanese tech giant Panasonic Group. Panasonic Cambodia Country Head Yosunoby Matsumoto said the initiative will be a means to &ldquo;maximize workforce potential, fostering growth, and nurturing the next generation of leaders.&rdquo;</p>
<p>According to Matsumoto, Panasonic Cambodia recognizes the talented local science and technology students and continues to invest in their capacity building to develop the next generation of technology business leaders that will allow them to participate in a global economy.</p>
<p><strong>&nbsp;</strong></p>
<p><span style="font-size: 16pt;"><strong><span style="font-family: helvetica;">It is open to international collaboration</span> </strong></span></p>
<p>&nbsp;</p>
<p>Cambodia is home to more than 128 higher education institutions, at least 45 of which (including ITC) have active international partnerships with universities and organizations abroad. ITC&rsquo;s outreach activities have helped position itself as an ideal partner for Japanese ventures.</p>
<p>Last year, the deputy director of ITC, along with six other academic delegates, visited the Tokyo Institute of Technology (Tokyo Tech), to partake in the training course &ldquo;Project for Strengthening Engineering Education and Research for Industrial Development in Cambodia,&rdquo; organized by JICA.</p>
<p>Subsequently, JICA formalized an agreement with ITC to strengthen engineering education and research in industrial development in Cambodia</p>
<p>&nbsp;</p>
<p><span style="font-family: helvetica; font-size: 16pt;"><strong>A growing vocationally and technically proficient workforce</strong></span></p>
<p>&nbsp;</p>
<p>&ldquo;Strengthening technical and vocational training is pivotal to attracting Japanese investment in Cambodia,&rdquo; said Labor and Vocational Training Minister Heng Sour, who urged JICA to persist in developing human resources in these domains, a statement that JICA President Sanui Kazumasa agreed with.</p>
<p>ITC, a partner of JICA, produces approximately 3,700 undergraduate and graduate students specializing in science, technology, and engineering.</p>',
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	(int) 10 => array(
		'Articles' => array(
			'id' => '545686',
			'title' => 'Japan's JERA and Inpex to invest in separate U.S. ammonia projects',
			'description_old' => null,
			'description' => 'To bolster Japan's clean energy initiatives, two major Japanese energy companies, JERA and Inpex, are preparing to invest in separate projects in the United States that will produce ammonia for clean-burning power generation in Japan, Nikkei Asia reports. ',
			'credit_id' => '48',
			'image' => null,
			'image_caption' => null,
			'url' => 'japans-jera-and-inpex-to-invest-in-separate-us-ammonia-projects',
			'tags' => 'US, Japan, Investment, Green Energy',
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			'content' => '<p>To bolster Japan's clean energy initiatives, two major Japanese energy companies,<strong> JERA</strong> and <strong>Inpex</strong>, are preparing to invest in separate projects in the United States that will produce ammonia for clean-burning power generation in Japan, Nikkei Asia reports.</p>
<figure class="image-container floated-right" style="float: right;"><img class="align-right" src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-2-JERA-and-Inpex.jpg" alt="" />
<figcaption class="image-caption">Inpex President Takayuki Ueda</figcaption>
</figure>
<p><strong>JERA Global CEO and Chair Yukio Kani </strong>and<strong> Inpex President Takayuki Ueda</strong> confirmed the investments with local U.S. media at the CERAWeek 2024 energy industry conference held in Houston, Texas.</p>
<p>JERA, a joint venture between Tokyo Electric Power and Chubu Electric Power, announced its partnership with Oklahoma-based green energy company, Greenfield Energy. Together, they will build a facility in Louisiana to produce green ammonia using renewable energy sources.</p>
<p>Kani also confirmed to media that JERA will hire more people at its U.S. arm, aiming to expand the workforce by 30% after a year to around 250 employees.</p>
<p>On the other hand, Inpex, a leading oil and gas exploration and production company, is exploring opportunities in Texas to establish its own ammonia production facility.</p>
<p>According to Nikkei Asia, Inpex plans to produce 1.1 million tons of ammonia annually in Houston by 2027.</p>
<p>The investments by JERA and Inpex mark significant milestones in Japan's quest for cleaner energy alternatives.</p>',
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			'id' => '545687',
			'title' => 'Kishida visits North Carolina: Why is it groundbreaking?',
			'description_old' => null,
			'description' => 'To promote Japanese contribution to the United States' investment landscape, Prime Minister Fumio Kishida visited North Carolina in April to tour the site of Toyota Motor Corp.'s electric and hybrid battery plant in the city of Greensboro.',
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			'url' => 'kishidas-visits-north-carolina-why-is-it-groundbreaking',
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			'content' => '<p>To promote Japanese contribution to the United States&rsquo; investment landscape, <strong>Prime Minister Fumio Kishida</strong> visited North Carolina in April to tour the site of Toyota Motor Corp.&rsquo;s electric and hybrid battery plant in the city of Greensboro.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-2-Kishida-Visit-to-NC.jpg" alt="" />
<figcaption class="image-caption">Japanese Prime Minister Fumio Kishida (center) visits Toyota's EV battery plant being built in North Carolina. (Photo source: Nikkei Asia)</figcaption>
</figure>
<p>Kishida&rsquo;s visit marked a historic moment in U.S.-Japan relations because it was the first time since 1891 that a foreign head of state visited the governor&rsquo;s mansion and the first time in a decade that a Japanese prime minister visited the state.</p>
<p>&ldquo;I am honored to be here in North Carolina to showcase the multilayered and strong ties between the United States and Japan,&rdquo; Kishida told guests at the luncheon at the state governor&rsquo;s mansion. He also lauded North Carolina for being a state &ldquo;at the forefront of the times.&rdquo;</p>
<p>Japan remains North Carolina&rsquo;s largest foreign direct investor, employing over 30,000 people in over 200 Japanese companies.</p>
<p>According to the Environmental Defense Fund, North Carolina leads all U.S. states in electric vehicle (EV) investment, attracting over $19 billion in the past year. This is attributed to its world-class infrastructure, skilled workforce, and favorable local policies.</p>
<p>Capitalizing on that environment, Japanese automakers have expanded their EV production capacity in the state. Toyota invested an additional $8 billion in its Greensboro battery plant, raising its total capital investment to around $14 billion and generating more than 5,000 new jobs.</p>
<p>Chiaki Takagi, a Japanese studies lecturer at the University of North Carolina Greensboro, highlighted the significance of Kishida&rsquo;s visit: &ldquo;This whole thing will provide the area with opportunities to be engaged in very active cultural exchange between Japan and the U.S.&rdquo;</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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			'url' => 'renowned-us-chip-designer-wants-to-end-nvidias-global-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&rsquo;s global market dominance.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-13-Tenstorrent.jpg" alt="" />
<figcaption class="image-caption">Tenstorrent CEO Jim Keller (Photo source: Tenstorrent)</figcaption>
</figure>
<p>Headquartered in Toronto, Tenstorrent has offices in Austin, Texas and Santa Clara, California, as well as in Belgrade, Tokyo, Bangalore, and Seoul. The company claims to be developing AI processors that perform as efficiently as Nvidia's AI GPUs but at a lower cost.</p>
<p>At present, Nvidia is the global market leader when it comes to AI chips. Its AI accelerators command between 70% and 95% of the global market share, according to CNBC.</p>
<p>Keller also said in the interview that Tenstorrent hopes to sell its second-generation multipurpose AI chip by the end of this year.</p>
<p>According to Keller, Tenstorrent can achieve its objective because it does not use high-bandwidth memory (HBM), a popular type of advanced memory chip capable of transferring large amounts of data quickly. HBM is a vital component for generative AI chips and has played a significant role in the success of Nvidia's offerings.</p>
<p>But Keller pointed out that HBM was also one of the culprits behind the massive energy consumption and high prices of AI chips.</p>
<p>"Even the people that use HBM struggle with the cost of it, [and] the design time to build it,&rdquo; 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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			'id' => '545757',
			'title' => 'ITOCHU to take part in Taiwan's smart city project ',
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			'description' => 'Tokyo-based trading giant ITOCHU secured a contract to develop and test AI systems that will help run the transportation network and energy infrastructure of a future smart city project in southern Taiwan, according to a company press release.',
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			'content' => '<p>Tokyo-based trading giant <strong>ITOCHU</strong> secured a contract to develop and test AI systems that will help run the transportation network and energy infrastructure of a future smart city project in southern Taiwan, according to a company press release.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-13-ITOCHU-Taiwan.jpg" alt="" />
<figcaption class="image-caption">ITOCHU plans to roll out AI-powered buses for Taiwan's new smart city project in Tainan. (Photo source: Nikkei Asia)</figcaption>
</figure>
<p>ITOCHU outbid other parties interested in the Integrated Development Project for Shalun Smart Green Energy Science City located in Tainan. The early-stage contract, according to Nikkei Asia, is worth around $332,000 (10.8 million New Taiwan dollars).</p>
<p>According to ITOCHU, the goal is to test its AI systems on a trial basis by the end of October. This is the first time the trading house has officially participated in an overseas smart city project.</p>
<p>The Taiwanese government also announced plans to earmark an additional $306.9 million (or 10 billion NTD) to develop the country&rsquo;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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			'id' => '545758',
			'title' => 'Melexis opens its largest wafer testing site in Malaysia',
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			'description' => 'Belgium-based supplier of semiconductor solutions Melexis has opened its largest wafer testing site worldwide in Kuching in the Malaysian state of Sarawak to strengthen its presence in Asia-Pacific and meet the rising demand for semiconductors around the world, according to a company announcement.',
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			'content' => '<p>Belgium-based supplier of semiconductor solutions <strong>Melexis</strong> has opened its largest wafer testing site worldwide in Kuching in the Malaysian state of Sarawak to strengthen its presence in Asia-Pacific and meet the rising demand for semiconductors around the world, according to a company announcement.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-13-Melexis.jpg" alt="" />
<figcaption class="image-caption">Melexis' new 70 million-euro facility in Kuching is a nod to the local architectural design. (Photo source: Melexis)</figcaption>
</figure>
<p>Wafer testing is part of the manufacturing process wherein all individual integrated circuits are checked for functional defects through special test patterns.</p>
<p>According to Melexis, its expansion in Malaysia is a strategic move to streamline logistics and reduce its ecological footprint. Additionally, it selected Kuching because of its diverse, multilingual, entrepreneurial and highly skilled workforce.</p>
<p><strong>Melexis CEO Marc Biron </strong>said, &ldquo;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.&rdquo;</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&rsquo;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>&ldquo;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,&rdquo; <strong>Sarawak&rsquo;s Ministry of International Trade, Industry and Investment </strong>said in a statement<strong>.</strong></p>
<p>&ldquo;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,&rdquo; the statement also said.</p>',
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			'id' => '545753',
			'title' => 'ITOCHU invests in U.S. hydrogen aircraft engine maker ZeroAvia',
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			'description' => 'Japanese trading giant ITOCHU announced this month it had invested in ZeroAvia, a British-American maker of hydrogen-electric engines for aircraft, according to a company statement.',
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			'content' => '<p>Japanese trading giant <strong>ITOCHU</strong> announced this month it had invested in <strong>ZeroAvia</strong>, a British-American maker of hydrogen-electric engines for aircraft, according to a company statement.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-13-Itochu-ZeroAvia.jpg" alt="" />
<figcaption class="image-caption">An aircraft powered by ZeroAvia's hydrogen-electric engines (Photo source: ZeroAvia)</figcaption>
</figure>
<p>Founded in 2018, ZeroAvia describes itself as &ldquo;a team of passionate innovators dedicated to bringing safe, zero-emission flight to aviation.&rdquo; The company claims its hydrogen-electric propulsion systems are &ldquo;the most environmentally friendly and economically attractive solution to aviation&rsquo;s growing climate change impact.&rdquo;</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&rsquo;s long-term goal of helping save the planet by decarbonizing the aviation industry.</p>',
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			'title' => 'Virginia is named the best U.S. state for business',
			'description_old' => null,
			'description' => 'For the third time in the last five years, Virginia was ranked America's Top State for Business in 2024 by CNBC, which cited the state for having the best public schools in the country. It grabbed the top spot in 2007, 2009, 2011, 2019, and 2021.',
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			'content' => '<p>For the third time in the last five years,<strong> Virginia</strong> was ranked America&rsquo;s Top State for Business in 2024 by CNBC, which cited the state for having the best public schools in the country. It grabbed the top spot in 2007, 2009, 2011, 2019, and 2021.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-13-Virginia.jpg" alt="" />
<figcaption class="image-caption">Fairfax County Economic Development Authority President and CEO Victor Hoskins (Photo source: Fairfax County Economic Development Authority)</figcaption>
</figure>
<p>&ldquo;Congratulations to Virginia on being named America&rsquo;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,&rdquo; 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&rsquo;s 10 categories this year, &ldquo;a rare feat,&rdquo; 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&rsquo;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&rsquo;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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			'description' => 'The U.S. subsidiary of Japanese group FANUC, one of the world's largest makers of industrial robots, has opened a $110 million facility in Michigan to store, sell and maintain made-in-Japan industrial robots for North American customers, according to a statement from FANUC America.',
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			'content' => '<p>The U.S. subsidiary of Japanese group <strong>FANUC</strong>, one of the world&rsquo;s largest makers of industrial robots, has opened a $110 million facility in Michigan to store, sell and maintain made-in-Japan industrial robots for North American customers, according to a statement from FANUC America.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-13-FANUC.jpg" alt="" />
<figcaption class="image-caption">Michigan Gov. Gretchen Whitmer (center) with senior officers of FANUC America at its West Campus. (Photo source: FANUC America)</figcaption>
</figure>
<p>The new 650,000-square-foot facility was inaugurated on July 10 and is located in FANUC America&rsquo;s West Campus in Auburn Hills, Michigan. The expansion increases the company&rsquo;s footprint in Michigan to over 2 million square feet and is part of FANUC America&rsquo;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,&rdquo; <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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			'title' => 'NY-based AI med tech startup raises $50 million',
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			'description' => 'K Health, a leading AI-driven primary care company that provides 24/7 virtual primary care solutions through its mobile app, announced this month that it had raised $50 million in funding led by Claure Group with participation from investors, including Pablo Legorreta (founder and CEO of Royalty Pharma) and Mangrove Capital Partners, Valor Equity Partners, and Atreides Management.',
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			'content' => '<p><strong>K Health</strong>, a leading AI-driven primary care company that provides 24/7 virtual primary care solutions through its mobile app, announced this month that it had raised $50 million in funding led by Claure Group with participation from investors, including Pablo Legorreta (founder and CEO of Royalty Pharma) and Mangrove Capital Partners, Valor Equity Partners, and Atreides Management.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-12-NYNJ-K-Health-Alan-Bloch.jpg" alt="" />
<figcaption class="image-caption">K Health founder and CEO Allon Bloch (Photo source: K Health)</figcaption>
</figure>
<p>K Health said in the same statement that it had been developing its own AI technology for more than seven years. Today, it can provide 24/7 virtual primary care solutions to millions of people in the United States.</p>
<p>The K Health platform includes clinical-grade medical chat and AI predictive models based on large datasets to help physicians optimize diagnosis and treatment and focus on patient care.</p>
<p>Instead of doctors taking patients through lengthy procedures and manually piecing together their medical history from electronic medical records, K Health allows healthcare providers to engage more quickly and closely with patients by giving them a complete medical chart with patient insights straight from the app.</p>
<p>According to K Health, this new model of care delivery achieves dramatically higher quality of care at lower costs compared to traditional primary care.</p>
<p>&ldquo;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,&rdquo; explained<strong> K Health founder and CEO Allon Bloch.</strong></p>
<p>&ldquo;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,&rdquo; 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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			'content' => '<p>Ontario-based multinational <strong>Lee Li Holdings (LLH)</strong> <strong>CEO Lee Q. Shim</strong> told <strong>Cambodian Prime Minister Hun Manet </strong>in a meeting at the capital Phnom Penh this month that his company was looking at investment opportunities in the country, including its automotive healthcare, gas and oil, food processing and logistics, automobiles, and exports accreditation sectors.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-12-CAMB-Li-Lee-Holdings.jpg" alt="" />
<figcaption class="image-caption">Cambodia Prime Minister Hun Manet (right) met with Lee Li Holdings President and CEO Lee Q. Shim (Ieft) in Phnom Penh this month. (Photo source: Office of the Prime Minister)</figcaption>
</figure>
<p>During the meeting, Manet pointed out that the <strong>Cambodia Chamber of Commerce</strong> had two representative offices in Canada (Toronto and Montreal) that promote bilateral trade and assist exporters and importers in their two countries.</p>
<p>&ldquo;Shim&rsquo;s visit will further contribute to the promotion of trade relations between Cambodia and Canada,&rdquo; 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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			'description' => 'National University Hospital (NUH), the main teaching hospital of the country's top-ranking National University of Singapore, announced this month the opening of a center focused on providing trauma care to vulnerable groups, particularly children, older adults, and migrant workers.',
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			'content' => '<p><strong>National University Hospital (NUH)</strong>, the main teaching hospital of the country&rsquo;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>&ldquo;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,&rdquo; 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&rsquo;s only pediatric kidney and liver transplant program.</p>',
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		'id' => '545694',
		'title' => 'Toyota unveils $1.4 billion investment in Indiana to make more electric vehicles',
		'description_old' => null,
		'description' => 'Toyota, the world's largest automaker, has announced a $1.4 billion expansion of its factory in the U.S. state of Indiana to produce electric vehicles (EVs) starting in 2026. With the new expansion, Toyota Motor Manufacturing Indiana will become the company's second EV production facility in the United States.',
		'credit_id' => '48',
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		'image_caption' => null,
		'url' => 'toyota-unveils-14-billion-investment-in-indiana-to-make-more-electric-vehicles',
		'tags' => 'US, Japan, Indiana, Electric Vehicles',
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		'content' => '<p>Toyota, the world&rsquo;s largest automaker, has announced a $1.4 billion expansion of its factory in the U.S. state of Indiana to produce electric vehicles (EVs) starting in 2026. With the new expansion, Toyota Motor Manufacturing Indiana will become the company&rsquo;s second EV production facility in the United States.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-3-Toyota-EVs.jpg" alt="" />
<figcaption class="image-caption">Toyota Motor Manufacturing Indiana President Tim Hollander (Source: PR Newswire)</figcaption>
</figure>
<p>According to Nikkei Asia, the investment will create 340 new high-quality jobs and increase the company&rsquo;s total number of employees in Indiana to around 8,000. The expansion also raises</p>
<p>Toyota&rsquo;s total investment in the state to $8 billion, Green Car Congress reported. <br /><br />Toyota&rsquo;s decision to increase EV production comes amid a surge in demand for its hybrid models, said CBT News.</p>
<p>In April, Toyota reported record annual sales for the fiscal year ending in March, surpassing the 10 million-unit mark for the first time. Its hybrid models have played a major role in growing the company&rsquo;s market share over the past year.</p>
<p>Toyota&rsquo;s only other EV factory in the United States is in Kentucky. The facility Georgetown is due to begin operations next year.</p>
<p>"Since 2021, Toyota has announced new investments totaling $18.6 billion into its U.S. manufacturing operations to support electrification efforts," the company said.</p>',
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include - APP/View/Featuresite/upcomingfeaturelist.ctp, line 53
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 963
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 108

Notice (8): Undefined index: SpecialFeature [APP/View/Featuresite/upcomingfeaturelist.ctp, line 53]
Code Context
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			'url' => 'japans-largest-conveyor-belt-sushi-chain-rolls-out-in-the-us',
			'tags' => 'US, Japan, Food and Drink',
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			'content' => '<p>Boston&rsquo;s Japanese food scene got more diverse with the opening in April of Sakabayashi Sushi Tavern, a subsidiary of Japan&rsquo;s largest conveyor-belt sushi chain, Sushiro. The restaurant is the first investment of its parent company, <strong>Food &amp; Life Co.</strong>, in the United States.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-4-Sushiro.jpg" alt="" />
<figcaption class="image-caption">Food &amp; Life Companies USA President Yosuke Tanaka (Source: LinkedIn/Yosue Tanaka)</figcaption>
</figure>
<p>Sakabayashi retained the original restaurant&rsquo;s <em>izakaya </em>style of dining<em>, </em>wherein patrons can eat and drink in a casual setting. With menu items priced from under $10, the restaurant wants to attract a diverse crowd.</p>
<p>&ldquo;Ensuring affordability while providing an authentic Japanese experience to Americans is paramount. Eighty percent of our menu is recreated from Japan. Our raw ingredients are sourced from our global procurement chain,&rdquo; said <strong>Food &amp; Life Companies USA President Yosuke Tanaka.</strong></p>
<p>Although Sakabayashi Sushi Tavern is Food and Life&rsquo;s first foray in the country, the group has many years of international experience. With operations in eight countries, primarily in Asia, Food &amp; Life aims to generate $1.45 billion in overseas revenue by the end of the fiscal year 2026 by opening more conveyor-belt sushi restaurants in the United States.</p>
<p>&ldquo;Our priority is not limited to deploying our existing brand but also to discovering, developing, and expanding new brands and food-services formats through the reinforcement of our competitive advantages in ingredient development, procurement, and supply chain management,&rdquo; said <strong>Food &amp; Life Ltd. President and CEO Koichi Mizutome.</strong></p>
<p>Mizutome&rsquo;s confidence stems from the growing popularity of Japanese cuisine in the United States. In 2023, revenues of sushi restaurants in America grew by 4.5% and are expected to grow further, according to research firm IBIS World.</p>
<p>In the United States, ramen shops are also growing more popular as various Japanese chains, like Fukuoka and Ramen Santouka, plan to open more outlets across the country.</p>',
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		'Articles' => array(
			'id' => '545695',
			'title' => 'Impostor Syndrome and The Incomplete Leader',
			'description_old' => null,
			'description' => 'Now that everyone's details, accomplishments, and track record are easily fact-checked and reviewed on the internet, there has been a rise in the number of anxiety-riddled executives. The same tool used for work productivity has also been a source of consternation.',
			'credit_id' => '48',
			'image' => null,
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			'url' => 'impostor-syndrome-and-the-incomplete-leader',
			'tags' => 'Leadership, Management, Impostor Syndrome',
			'is_rss' => false,
			'rss_url' => null,
			'content_old' => null,
			'content' => '<p>The notion that &ldquo;leaders have to be flawless&rdquo; is starting to disappear. Access to unlimited information, a.k.a. the Internet, should have changed this perception ages ago.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-3-SG-Impostor-Syndrome.jpg" alt="" />
<figcaption class="image-caption">The workplace has evolved to become a more forgiving place for its leaders. (Illustration by Lianne Dominguez)</figcaption>
</figure>
<p>But now that everyone&rsquo;s details, accomplishments, and track record are easily fact-checked and reviewed on the internet, there has been a rise in the number of anxiety-riddled executives. The same tool used for work productivity has also been a source of consternation.</p>
<p>The pressure to have intellectual and interpersonal superiority is at an all-time high. According to the National Library of Medicine, impostor syndrome (IS) is a behavioral health phenomenon described as self-doubt of intellect, skills, or accomplishments among high-achieving individuals. Yes! The seemingly poised manager could be a fa&ccedil;ade.</p>
<p>Despite the tremendous pressure for perfection, an article in Harvard Business Review offers a solution to ease some caffeine-stimulated corporate minds. The authors, in praise of &ldquo;The Incomplete Leader,&rdquo; recommend embracing imperfections to strengthen one&rsquo;s leadership abilities. It also said that organizations were evolving to become more collaborative than hierarchical.</p>
<p>Decisions should often be made in the context of the open economy, therefore as no senior executive has a monopoly on knowledge. The overarching theme was that: Leaders should determine the right colleague to handle areas of their perceived weaknesses.&nbsp;</p>
<p>In fact, four leadership capabilities are developed during this process: sense-making, relating, visioning, and inventing.</p>
<p>Arguably, many teams have adopted the practice of &ldquo;excellence&rdquo; over &ldquo;perfection&rdquo;. The culture of excellence, while forgiving mistakes and considering personal limitations, does not absolve leaders and team members from giving their best.</p>
<p>Accepting the new demands and realities of a hybrid workplace, especially for leaders, will empower and not overwhelm the incomplete leader.</p>',
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			'id' => '545696',
			'title' => 'Brewing success: How leadership catapulted Paradox Brewery to new heights',
			'description_old' => null,
			'description' => 'Paradox Brewery President and founder Paul Mrocka is widely credited for driving the New York-based to new levels of success through strategic planning, data-driven decision-making, and effective international partnerships.',
			'credit_id' => '48',
			'image' => null,
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			'url' => 'brewing-success-how-leadership-catapulted-paradox-brewery-to-new-heights',
			'tags' => 'US, New York, Leadership, Management, Food and Drink',
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			'content' => '<p><strong>Paradox Brewery President and founder Paul Mrocka </strong>is widely credited for driving the New York-based to new levels of success through strategic planning, data-driven decision-making, and effective international partnerships.</p>
<p>According to Mrocka, data isn't just numbers at Paradox Brewery. It's a roadmap to success.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-3-NYNJ-Paradox-Brewery.jpg" alt="" />
<figcaption class="image-caption">Paradox Brewery President and founder Paul Mrocka</figcaption>
</figure>
<p>In an interview with GMI POST, Mrocka emphasized their reliance on Information Resources, Inc. (IRI) data to understand market trends, consumer preferences, and competitor strategies.</p>
<p>&ldquo;We're very competitive in our prices and a data-driven company. We tell stories with this data that we buy. And we use that data to go to the buyer and talk to them about it,&rdquo; he said.</p>
<p>By leveraging IRI&rsquo;s data, Paradox Brewery gains insights that shape its marketing strategies and product development, ensuring it stays ahead in the fiercely competitive craft beer market.</p>
<p>Paradox Brewery isn't afraid to think big either. </p>
<p>&ldquo;You have to put the time in. You have to show up and get face-to-face with these people because there has to be a degree of comfort on both sides of the arrangement to buy beer from the other side of the planet,&rdquo;<strong> Director of Operations Devon Hamilton </strong>said about plans to expand globally.</p>
<p>By nurturing strong relationships with international partners, Paradox Brewery secures distribution channels and builds a global brand presence, Hamilton also said.</p>
<p>For Paradox Brewery, success isn't just about reacting to market trends but about anticipating and shaping them. Through constant planning and adaptation, the company stays at the forefront of innovation, offering a diverse and appealing portfolio to its customers.</p>
<p>&ldquo;We all sit down, talk about what did well last year, what we think we should bring back for next year, what the upcoming trends are, and argue about what our portfolio will be,&rdquo; Hamilton said.</p>
<p>As Paradox Brewery expands both domestically and internationally, the skills and dedication of its leaders will ensure the New York brand remains a beloved brand in the craft beer industry.</p>',
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	(int) 3 => array(
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			'id' => '545697',
			'title' => 'What Cambodia's honey industry can teach businesses ',
			'description_old' => null,
			'description' => 'In 2021, Cambodia's government awarded its first geographic indication (GI) label for the wild honey harvested in Mondulkiri Province. The protected GI label, granted to local products with distinctive regional qualities, has elevated the profile of Cambodian honey on the global stage.',
			'credit_id' => '48',
			'image' => null,
			'image_caption' => null,
			'url' => 'what-cambodias-honey-industry-can-teach-businesses',
			'tags' => 'Cambodia, Leadership, Management, Agriculture, Honey',
			'is_rss' => false,
			'rss_url' => null,
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			'content' => '<p>Cambodia&rsquo;s honey industry has experienced steady growth in recent years. In 2021, the government awarded its first geographic indication (GI) label for the wild honey harvested in Mondulkiri Province. The protected GI label, granted to local products with distinctive regional qualities, has elevated the profile of Cambodian honey on the global stage.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-3-CAMB-Honey.jpg" alt="" />
<figcaption class="image-caption">Cambodia Honey Association Executive Director Sem Sreytouch</figcaption>
</figure>
<p>Although varieties like Modulkiri money have been harvested in Cambodia for centuries, efforts to streamline and formalize the industry&rsquo;s value chain are relatively recent and spearheaded by the Cambodia Honey Association (CHA), the main advocacy group representing the sector&rsquo;s stakeholders.</p>
<p>In an interview with GMI POST, CHA underscored the necessary steps to invigorate the industry while providing insight into navigating business in an emerging market landscape.&nbsp;</p>
<p><strong>&nbsp;</strong></p>
<p><span style="font-family: helvetica; font-size: 18pt;"><strong>Collaboration over competition </strong></span></p>
<p><strong>&nbsp;</strong></p>
<p><strong>CHA Executive Director Sem Sreytouch </strong>emphasizes the importance of shifting industry stakeholders&rsquo; mindset from competition to collaboration.</p>
<p>&ldquo;One of our main advocacies is to enact a change in mindset among Cambodian honey growers, apiaries, and other stakeholders in the value chain. A united front is required to elevate the overall standards of the Cambodian honey industry&rdquo; she said.</p>
<p><strong>&nbsp;</strong></p>
<p><span style="font-family: helvetica; font-size: 18pt;"><strong>Prioritize capacity building</strong></span></p>
<p><strong>&nbsp;</strong></p>
<p><strong>Peter Batt, Ph.D of Curtin University,</strong> also a fellow of the International Horticultural Congress, stressed the need for education and capacity-building at the grassroots level in emerging markets like Cambodia.</p>
<p>&ldquo;A key aspect of addressing challenges in Cambodia, particularly within the honey industry, was capacity building of smallholder farmers and empowering those farmers with basic and practical skills to help them grasp what it takes to thrive in trade,&rdquo; he said.</p>
<p><strong>&nbsp;</strong></p>
<p><span style="font-size: 1*pt;"><strong><span style="font-family: helvetica;">Explore untapped resources</span> </strong></span></p>
<p>&nbsp;</p>
<p>CHA also highlighted Cambodia's rich geographic diversity as a wellspring of untapped potential for future GI labels, such as honey from the lesser-known Tonle Sap Lake region. <strong>Dr. Try Yong</strong>, a beekeeping expert and an advisor to the Royal Ministry of Agriculture, underscored Cambodia&rsquo;s abundance of untapped honey collection areas in the rest of the country.</p>
<p>&ldquo;Regions like Tone Sap Lake and the western coasts offer promising opportunities. Despite the vast forests from which much of our honey originates, many areas lack GI certification, signaling significant untapped potential and future business opportunities for our kingdom,&rdquo; he said.</p>',
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	(int) 4 => array(
		'Articles' => array(
			'id' => '545692',
			'title' => 'Wisconsin to give multimillion tax incentive to Kikkoman for new expansion',
			'description_old' => null,
			'description' => 'Kikkoman Foods Inc. has broken ground for its third manufacturing plant in Jefferson County and an expansion to its existing plant in neighboring Walworth County, Wisconsin. To support this fresh investment, the Wisconsin Economic Development Corp. (WEDC) plans to provide the Japanese soy sauce maker up to $15.5 million in performance-based tax credits.',
			'credit_id' => '48',
			'image' => null,
			'image_caption' => null,
			'url' => 'wisconsin-to-give-multimillion-tax-incentive-to-kikkoman-for-new-expansion',
			'tags' => 'US, Japan, Wisconsin, Economic Development, Food',
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			'content' => '<p>Kikkoman Foods Inc. has broken ground for its third manufacturing plant in Jefferson County and an expansion to its existing plant in neighboring Walworth County, Wisconsin. To support this fresh investment, the <strong>Wisconsin Economic Development Corp. (WEDC)</strong> plans to provide the Japanese soy sauce maker up to $15.5 million in performance-based tax credits.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-3-Kikkoman-Wisconsin.jpg" alt="" />
<figcaption class="image-caption">Wisconsin Economic Development Corporation CEO and Secretary Missy Hughes (Source: Milwaukee Business Journal)</figcaption>
</figure>
<p>Kikkoman&rsquo;s expansion in Wisconsin will inject $800 million into the state&rsquo;s economy and create 83 new jobs over the next decade. The Walworth facility, opened in 1973, is the company&rsquo;s highest-producing soy sauce factory globally.</p>
<p>Meanwhile, the plant in Jefferson City is scheduled to start operations in 2026 and will focus on soy sauce-related products, like teriyaki sauce. Aside from enhancing efficiency and scalability, the facility will bolster Kikkoman&rsquo;s sustainability efforts by using renewable energy sources and equipment with lower CO2 emissions.</p>
<p><strong>WEDC Secretary and CEO Missy Hughes</strong> welcomed the announcement: &ldquo;Fifty years ago, Kikkoman made history by choosing Walworth, Wisconsin for its first international brewing plant. Now, by expanding its presence in Jefferson, Kikkoman is opening a new chapter in its history.&rdquo;</p>
<p><strong>Jefferson City Mayor Dale Oppermann</strong> expressed appreciation for Kikkoman&rsquo;s continued trust in the region: &ldquo;Kikkoman&rsquo;s decision to invest in Jefferson underscores the strength and appeal of our local food and beverage niche. We look forward to a long, prosperous partnership.&rdquo;</p>
<p>Meanwhile, <strong>Kikkoman Chair and honorary CEO Yuzauro Mogi </strong>said the company&rsquo;s choice of Wisconsin was rooted in several factors, among them its location, which provided convenient market access, as well as its skilled workforce, easy availability of raw materials, an abundance of clean water, the collaborative spirit of the local community.</p>
<p>&ldquo;We look forward to expanding our footprints in Wisconsin and establishing a supply chain with increased stability in North America,&rdquo; he also said.</p>
<p>Over the past five decades, Kikkoman has transformed rural Wisconsin through partnerships with the local community, donating more than $17 million to charitable organizations.</p>
<p>As one of the first production facilities set up by a Japanese company in the United States, the Walworth plant is seen as a valuable symbol of the close business and cultural partnership between the two countries.</p>
<p>&ldquo;Whether it&rsquo;s providing thousands of jobs, bolstering our economy or providing us and the world with phenomenal soy sauce, Kikkoman is doing good work across Wisconsin and the country. I am grateful for their continued partnership and expansion in Wisconsin,&rdquo; said <strong>Gov. Tony Evers</strong>.</p>',
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	(int) 5 => array(
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			'id' => '545693',
			'title' => 'New York wants more Japanese chipmakers in the state',
			'description_old' => null,
			'description' => 'Empire State Development (ESD), the umbrella organization for New York's two main economic development corporations, wants more Japanese chip industry suppliers to open operations in the state to support the upcoming manufacturing facilities of Micron Technology, the world's fourth-largest semiconductor company.',
			'credit_id' => '48',
			'image' => null,
			'image_caption' => null,
			'url' => 'new-york-wants-more-japanese-chipmakers-in-the-state',
			'tags' => 'US, Japan, New York, Economic Development, IT',
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			'content' => '<p><strong>Empire State Development (ESD)</strong>, the umbrella organization for New York's two main economic development corporations, wants more Japanese chip industry suppliers to open operations in the state to support the upcoming manufacturing facilities of Micron Technology, the world&rsquo;s fourth-largest semiconductor company.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-3-Micron-NY.jpg" alt="" />
<figcaption class="image-caption">Empire State Development President Hope Knight (Source: Empire State Development)</figcaption>
</figure>
<p>&ldquo;Last year, we were able to attract Micron to central New York. With the large investment that Micron is making, $100 billion, we know that we have to build an ecosystem to support that activity. That's why we're here on this mission: to talk to Japanese firms, some of Micron's suppliers, to come and locate in New York,&rdquo; <strong>ESD President Hope Knight</strong> told Nikkei Asia.</p>
<p>While Knight did not name the companies she spoke to during her visit to Japan, she mentioned that some were &ldquo;very excited about the possibility&rdquo; of investing in the state.</p>
<p>Micron, the only memory and storage manufacturer in the United States, has announced plans to build a $100 billion &ldquo;mega fab,&rdquo; which will employ more than 9,000 people, near Syracuse in upstate New York.</p>
<p>Even before the CHIPS and Science Act became federal law in 2022, New York had unveiled its $10 billion program, called Green CHIPS, which offered tax incentives to chip manufacturers. Participants of Green CHIPS can benefit from zero corporate income tax rates and receive tax credits based on their capital spending and research and development expenditures.</p>
<p>&ldquo;We customize a package for you,&rdquo; said Knight, who emphasized that incentives are tailored based on various factors, like the number of jobs created and size of investment.</p>
<p>The ESD president highlighted the importance of bringing back chip manufacturing to the United States, citing national security concerns and geopolitical trends, and underscored New York's manufacturing legacy and its readiness to revive its manufacturing sector.</p>
<p>New York has prioritized chip manufacturing as a key industry for economic growth. Apart from IBM, 75 other semiconductor-related companies have made new investments in the state. And since the introduction of Green CHIPS, total investments have reached $112 billion.</p>
<p>On concerns surrounding the high cost of living and labor costs associated with New York City, Knight said that cities in upstate New York, such as Albany, Syracuse, Rochester and Buffalo, offer affordability and have cheaper sources of clean power.</p>
<p>As head of ESD, Knight works closely with Gov. Kathy Hochul in developing the state economy through various measures like financing, subsidies, and tax breaks. As of 2022, ESD has been involved in at least 190 projects.</p>',
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			'section_summary' => 'Empire State Development (ESD), the umbrella organization for New York's two main economic development corporations, wants more Japanese chip industry suppliers to open operations in the state to support the upcoming manufacturing facilities of Micron Technology, the world's fourth-largest semiconductor company.',
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			'id' => '545694',
			'title' => 'Toyota unveils $1.4 billion investment in Indiana to make more electric vehicles',
			'description_old' => null,
			'description' => 'Toyota, the world's largest automaker, has announced a $1.4 billion expansion of its factory in the U.S. state of Indiana to produce electric vehicles (EVs) starting in 2026. With the new expansion, Toyota Motor Manufacturing Indiana will become the company's second EV production facility in the United States.',
			'credit_id' => '48',
			'image' => null,
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			'url' => 'toyota-unveils-14-billion-investment-in-indiana-to-make-more-electric-vehicles',
			'tags' => 'US, Japan, Indiana, Electric Vehicles',
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			'content' => '<p>Toyota, the world&rsquo;s largest automaker, has announced a $1.4 billion expansion of its factory in the U.S. state of Indiana to produce electric vehicles (EVs) starting in 2026. With the new expansion, Toyota Motor Manufacturing Indiana will become the company&rsquo;s second EV production facility in the United States.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-3-Toyota-EVs.jpg" alt="" />
<figcaption class="image-caption">Toyota Motor Manufacturing Indiana President Tim Hollander (Source: PR Newswire)</figcaption>
</figure>
<p>According to Nikkei Asia, the investment will create 340 new high-quality jobs and increase the company&rsquo;s total number of employees in Indiana to around 8,000. The expansion also raises</p>
<p>Toyota&rsquo;s total investment in the state to $8 billion, Green Car Congress reported. <br /><br />Toyota&rsquo;s decision to increase EV production comes amid a surge in demand for its hybrid models, said CBT News.</p>
<p>In April, Toyota reported record annual sales for the fiscal year ending in March, surpassing the 10 million-unit mark for the first time. Its hybrid models have played a major role in growing the company&rsquo;s market share over the past year.</p>
<p>Toyota&rsquo;s only other EV factory in the United States is in Kentucky. The facility Georgetown is due to begin operations next year.</p>
<p>"Since 2021, Toyota has announced new investments totaling $18.6 billion into its U.S. manufacturing operations to support electrification efforts," the company said.</p>',
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			'id' => '545689',
			'title' => 'Singapore: A fertile ground for Edtech ',
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			'description' => 'Globally, education technology (Edtech) is a rapidly growing sector. According to Precision Report's EdTech Market Research Report 2024, the global Edtech market size was valued at $115 billion in 2021 and is expected to reach $467 billion by 2027. ',
			'credit_id' => '48',
			'image' => null,
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			'url' => 'singapore-a-fertile-ground-for-edtech',
			'tags' => 'Japan, Singapore, Education',
			'is_rss' => false,
			'rss_url' => null,
			'content_old' => null,
			'content' => '<p>Globally, education technology (Edtech) is a rapidly growing sector. According to Precision Report&rsquo;s EdTech Market Research Report 2024, the global Edtech market size was valued at $115 billion in 2021 and is expected to reach $467 billion by 2027.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-2-SG-Education.jpg" alt="" />
<figcaption class="image-caption">Starting them young: Singapore's education system has gained admiration from around the world.</figcaption>
</figure>
<p>Singapore has stood out as one of the most fertile grounds for the sector&rsquo;s growth. The origins of Singapore&rsquo;s thriving Edtech sector can be traced back to 2014, when the country&rsquo;s national government enacted its Smart Nation initiative, which required schools to incorporate innovation and technology in the daily lives of Singaporean families.</p>
<p>According to UNESCO, the challenge for schools was to create meaningful learning experiences that reflected such integration, which meant that highly qualified faculty must constantly be engaged in research and innovation. Otherwise, how can one teach about advancements while experiencing none?</p>
<p>Since the enactment of the Smart Nation initiative, there have been more than 790 Edtech startups launched in Singapore. Today, the government continues to invest heavily in training its future labor pool. <br /><br />Aside from encouraging life-long learning, the city-state&rsquo;s government has also rolled out other initiatives to boost the growth of Edtech in Singapore, like an ICT masterplan, infrastructure upgrades, accelerator programs, increased connectivity in schools, and access to learning resources and opportunities for collaborations for schools and startups.</p>
<p>Those looking to start or invest in an Edtech venture will reap many benefits by betting on Singapore.</p>',
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			'title' => 'Columbia University seeks closer partnerships with Japan ',
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			'description' => 'The Japan Study Student Association at Columbia University's School of International and Public Affairs organized a visit to Japan in March to allow some of its members to learn more about the country's government, people, culture, and food.',
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			'url' => 'columbia-university-seeks-closer-partnerships-with-japan',
			'tags' => 'US, Japan, Education',
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			'content' => '<p>The Japan Study Student Association at <strong>Columbia University&rsquo;s School of International and Public Affairs </strong>organized a visit to Japan in March to allow some of its members to learn more about the country&rsquo;s government, people, culture, and food.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-2-NYNJ-JASSA-Education.jpg" alt="" />
<figcaption class="image-caption">JASSA representatives during their Japan trip</figcaption>
</figure>
<p>&ldquo;The Japan trip was a phenomenal opportunity not only from a career development perspective but also from a personal development perspective,&rdquo; JASSA Representative Daniel Alvarez said in an article posted on SIPA&rsquo;s website.</p>
<p>&ldquo;Speaking with top politicians, participating in cultural ceremonies, learning about critical events in Japan&rsquo;s history, experiencing the excellent cuisine, and enjoying the nightlife with new friends made for a very well-rounded trip and once-in-a-lifetime experience,&rdquo; Alvarez added.</p>
<p>For SIPA students who want to join future Japan trips, Alvarez encouraged fellow members to attend upcoming JASSA events so they can express their interest to the organizers. The trip was just one of many events of SIPA to bolster U.S.-Japan cooperation.</p>
<p>In June 2023<strong>, SIPA Dean Keren Yarhi-Milo</strong> visited the University of Tokyo's Graduate School of Public Policy, a fellow member of the Global Public Policy Network, where she held pivotal discussions to enhance cross-cultural exchange. <br /><br />In interviews with local media, including Nikkei Asia and TV Tokyo, Yarhi-Milo highlighted SIPA's commitment to integrating Japanese perspectives within its academic community.</p>
<p>&ldquo;We want our students and our faculty to be involved and engaged with Japan,&rdquo; said Yarhi-Milo as she recognized the country&rsquo;s significant economic and strategic influence in East Asia.</p>',
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	(int) 9 => array(
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			'id' => '545691',
			'title' => '3 reasons Japan-Cambodia education partnerships are thriving',
			'description_old' => null,
			'description' => 'As Cambodia and Japan commemorate 70 years of diplomatic relations, the two nations look forward to a new era in their partnership as they seek fresh fields of collaboration. More and more Japanese recognize Cambodia's untapped potential and hope to play a role in the development of its population.',
			'credit_id' => '48',
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			'url' => '3-reasons-japan-cambodia-education-partnerships-are-thriving',
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			'content' => '<p>As Cambodia and Japan commemorate 70 years of diplomatic relations, the two nations look forward to a new era in their partnership as they seek fresh fields of collaboration. More and more Japanese recognize Cambodia&rsquo;s untapped potential and hope to play a role in the development of its population.</p>
<p>For instance, the increased prominence of the <strong>Institute of Technology of Cambodia </strong>among the expatriate population reveals three key reasons Cambodia&rsquo;s educational landscape has attracted the attention of the Japanese community.</p>
<p>&nbsp;</p>
<p><span style="font-family: helvetica; font-size: 16pt;"><strong>The population is young, growing and mobile</strong></span></p>
<p>&nbsp;</p>
<p>CiteSeerX reports that nearly 70% of Cambodians are 29-years old and younger. <br /><br />&ldquo;Among Cambodia&rsquo;s younger generation, the literacy rate is reported to be quite high because of increasing opportunities for education. The gender gap among young adults is not so substantial, although some age group differences exist,&rdquo; Japan International Cooperation Agency said in its 2023 Country Study.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-2-CAMB-Japan-Education.jpg" alt="" />
<figcaption class="image-caption">Institute of Technology of Cambodia Rector Dr. Po Kimtho (left) and Kanazawa University President Takashi Wada (right)</figcaption>
</figure>
<p>&ldquo;This implies that very well-targeted literacy education by age, sex, geography, time of the class, and contents of the class will likely bring about significant domestic and foreign partnerships in Cambodia&rsquo;s education sector,&rdquo; the study added.An example of such a partnership is that between ITC and Panasonic Cambodia. ITC is one of only two institutions in the kingdom to receive scholarships from Panasonic Cambodia, the local subsidiary of Japanese tech giant Panasonic Group. Panasonic Cambodia Country Head Yosunoby Matsumoto said the initiative will be a means to &ldquo;maximize workforce potential, fostering growth, and nurturing the next generation of leaders.&rdquo;</p>
<p>According to Matsumoto, Panasonic Cambodia recognizes the talented local science and technology students and continues to invest in their capacity building to develop the next generation of technology business leaders that will allow them to participate in a global economy.</p>
<p><strong>&nbsp;</strong></p>
<p><span style="font-size: 16pt;"><strong><span style="font-family: helvetica;">It is open to international collaboration</span> </strong></span></p>
<p>&nbsp;</p>
<p>Cambodia is home to more than 128 higher education institutions, at least 45 of which (including ITC) have active international partnerships with universities and organizations abroad. ITC&rsquo;s outreach activities have helped position itself as an ideal partner for Japanese ventures.</p>
<p>Last year, the deputy director of ITC, along with six other academic delegates, visited the Tokyo Institute of Technology (Tokyo Tech), to partake in the training course &ldquo;Project for Strengthening Engineering Education and Research for Industrial Development in Cambodia,&rdquo; organized by JICA.</p>
<p>Subsequently, JICA formalized an agreement with ITC to strengthen engineering education and research in industrial development in Cambodia</p>
<p>&nbsp;</p>
<p><span style="font-family: helvetica; font-size: 16pt;"><strong>A growing vocationally and technically proficient workforce</strong></span></p>
<p>&nbsp;</p>
<p>&ldquo;Strengthening technical and vocational training is pivotal to attracting Japanese investment in Cambodia,&rdquo; said Labor and Vocational Training Minister Heng Sour, who urged JICA to persist in developing human resources in these domains, a statement that JICA President Sanui Kazumasa agreed with.</p>
<p>ITC, a partner of JICA, produces approximately 3,700 undergraduate and graduate students specializing in science, technology, and engineering.</p>',
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		'Articles' => array(
			'id' => '545686',
			'title' => 'Japan's JERA and Inpex to invest in separate U.S. ammonia projects',
			'description_old' => null,
			'description' => 'To bolster Japan's clean energy initiatives, two major Japanese energy companies, JERA and Inpex, are preparing to invest in separate projects in the United States that will produce ammonia for clean-burning power generation in Japan, Nikkei Asia reports. ',
			'credit_id' => '48',
			'image' => null,
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			'url' => 'japans-jera-and-inpex-to-invest-in-separate-us-ammonia-projects',
			'tags' => 'US, Japan, Investment, Green Energy',
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			'content' => '<p>To bolster Japan's clean energy initiatives, two major Japanese energy companies,<strong> JERA</strong> and <strong>Inpex</strong>, are preparing to invest in separate projects in the United States that will produce ammonia for clean-burning power generation in Japan, Nikkei Asia reports.</p>
<figure class="image-container floated-right" style="float: right;"><img class="align-right" src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-2-JERA-and-Inpex.jpg" alt="" />
<figcaption class="image-caption">Inpex President Takayuki Ueda</figcaption>
</figure>
<p><strong>JERA Global CEO and Chair Yukio Kani </strong>and<strong> Inpex President Takayuki Ueda</strong> confirmed the investments with local U.S. media at the CERAWeek 2024 energy industry conference held in Houston, Texas.</p>
<p>JERA, a joint venture between Tokyo Electric Power and Chubu Electric Power, announced its partnership with Oklahoma-based green energy company, Greenfield Energy. Together, they will build a facility in Louisiana to produce green ammonia using renewable energy sources.</p>
<p>Kani also confirmed to media that JERA will hire more people at its U.S. arm, aiming to expand the workforce by 30% after a year to around 250 employees.</p>
<p>On the other hand, Inpex, a leading oil and gas exploration and production company, is exploring opportunities in Texas to establish its own ammonia production facility.</p>
<p>According to Nikkei Asia, Inpex plans to produce 1.1 million tons of ammonia annually in Houston by 2027.</p>
<p>The investments by JERA and Inpex mark significant milestones in Japan's quest for cleaner energy alternatives.</p>',
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			'title' => 'Kishida visits North Carolina: Why is it groundbreaking?',
			'description_old' => null,
			'description' => 'To promote Japanese contribution to the United States' investment landscape, Prime Minister Fumio Kishida visited North Carolina in April to tour the site of Toyota Motor Corp.'s electric and hybrid battery plant in the city of Greensboro.',
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			'content' => '<p>To promote Japanese contribution to the United States&rsquo; investment landscape, <strong>Prime Minister Fumio Kishida</strong> visited North Carolina in April to tour the site of Toyota Motor Corp.&rsquo;s electric and hybrid battery plant in the city of Greensboro.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-2-Kishida-Visit-to-NC.jpg" alt="" />
<figcaption class="image-caption">Japanese Prime Minister Fumio Kishida (center) visits Toyota's EV battery plant being built in North Carolina. (Photo source: Nikkei Asia)</figcaption>
</figure>
<p>Kishida&rsquo;s visit marked a historic moment in U.S.-Japan relations because it was the first time since 1891 that a foreign head of state visited the governor&rsquo;s mansion and the first time in a decade that a Japanese prime minister visited the state.</p>
<p>&ldquo;I am honored to be here in North Carolina to showcase the multilayered and strong ties between the United States and Japan,&rdquo; Kishida told guests at the luncheon at the state governor&rsquo;s mansion. He also lauded North Carolina for being a state &ldquo;at the forefront of the times.&rdquo;</p>
<p>Japan remains North Carolina&rsquo;s largest foreign direct investor, employing over 30,000 people in over 200 Japanese companies.</p>
<p>According to the Environmental Defense Fund, North Carolina leads all U.S. states in electric vehicle (EV) investment, attracting over $19 billion in the past year. This is attributed to its world-class infrastructure, skilled workforce, and favorable local policies.</p>
<p>Capitalizing on that environment, Japanese automakers have expanded their EV production capacity in the state. Toyota invested an additional $8 billion in its Greensboro battery plant, raising its total capital investment to around $14 billion and generating more than 5,000 new jobs.</p>
<p>Chiaki Takagi, a Japanese studies lecturer at the University of North Carolina Greensboro, highlighted the significance of Kishida&rsquo;s visit: &ldquo;This whole thing will provide the area with opportunities to be engaged in very active cultural exchange between Japan and the U.S.&rdquo;</p>',
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			'title' => 'Renowned U.S. chip designer wants to end Nvidia's global dominance',
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			'description' => 'Tenstorrent CEO Jim Keller, who worked for Intel, AMD and Tesla, said in an interview with Nikkei Asia that he wants to lower the price of AI applications by designing chips that are more efficient than Nvidia's and, in the process, end the American giant's global market dominance.',
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			'content' => '<p><strong>Tenstorrent CEO Jim Keller</strong>, who worked for Intel, AMD and Tesla, said in an interview with Nikkei Asia that he wants to lower the price of AI applications by designing chips that are more efficient than Nvidia's and, in the process, end the American giant&rsquo;s global market dominance.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-13-Tenstorrent.jpg" alt="" />
<figcaption class="image-caption">Tenstorrent CEO Jim Keller (Photo source: Tenstorrent)</figcaption>
</figure>
<p>Headquartered in Toronto, Tenstorrent has offices in Austin, Texas and Santa Clara, California, as well as in Belgrade, Tokyo, Bangalore, and Seoul. The company claims to be developing AI processors that perform as efficiently as Nvidia's AI GPUs but at a lower cost.</p>
<p>At present, Nvidia is the global market leader when it comes to AI chips. Its AI accelerators command between 70% and 95% of the global market share, according to CNBC.</p>
<p>Keller also said in the interview that Tenstorrent hopes to sell its second-generation multipurpose AI chip by the end of this year.</p>
<p>According to Keller, Tenstorrent can achieve its objective because it does not use high-bandwidth memory (HBM), a popular type of advanced memory chip capable of transferring large amounts of data quickly. HBM is a vital component for generative AI chips and has played a significant role in the success of Nvidia's offerings.</p>
<p>But Keller pointed out that HBM was also one of the culprits behind the massive energy consumption and high prices of AI chips.</p>
<p>"Even the people that use HBM struggle with the cost of it, [and] the design time to build it,&rdquo; 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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			'description' => 'Tokyo-based trading giant ITOCHU secured a contract to develop and test AI systems that will help run the transportation network and energy infrastructure of a future smart city project in southern Taiwan, according to a company press release.',
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			'content' => '<p>Tokyo-based trading giant <strong>ITOCHU</strong> secured a contract to develop and test AI systems that will help run the transportation network and energy infrastructure of a future smart city project in southern Taiwan, according to a company press release.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-13-ITOCHU-Taiwan.jpg" alt="" />
<figcaption class="image-caption">ITOCHU plans to roll out AI-powered buses for Taiwan's new smart city project in Tainan. (Photo source: Nikkei Asia)</figcaption>
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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&rsquo;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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			'description' => 'Belgium-based supplier of semiconductor solutions Melexis has opened its largest wafer testing site worldwide in Kuching in the Malaysian state of Sarawak to strengthen its presence in Asia-Pacific and meet the rising demand for semiconductors around the world, according to a company announcement.',
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			'content' => '<p>Belgium-based supplier of semiconductor solutions <strong>Melexis</strong> has opened its largest wafer testing site worldwide in Kuching in the Malaysian state of Sarawak to strengthen its presence in Asia-Pacific and meet the rising demand for semiconductors around the world, according to a company announcement.</p>
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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>
</figure>
<p>Wafer testing is part of the manufacturing process wherein all individual integrated circuits are checked for functional defects through special test patterns.</p>
<p>According to Melexis, its expansion in Malaysia is a strategic move to streamline logistics and reduce its ecological footprint. Additionally, it selected Kuching because of its diverse, multilingual, entrepreneurial and highly skilled workforce.</p>
<p><strong>Melexis CEO Marc Biron </strong>said, &ldquo;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.&rdquo;</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&rsquo;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>&ldquo;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,&rdquo; <strong>Sarawak&rsquo;s Ministry of International Trade, Industry and Investment </strong>said in a statement<strong>.</strong></p>
<p>&ldquo;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,&rdquo; the statement also said.</p>',
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			'description' => 'Japanese trading giant ITOCHU announced this month it had invested in ZeroAvia, a British-American maker of hydrogen-electric engines for aircraft, according to a company statement.',
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			'content' => '<p>Japanese trading giant <strong>ITOCHU</strong> announced this month it had invested in <strong>ZeroAvia</strong>, a British-American maker of hydrogen-electric engines for aircraft, according to a company statement.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-13-Itochu-ZeroAvia.jpg" alt="" />
<figcaption class="image-caption">An aircraft powered by ZeroAvia's hydrogen-electric engines (Photo source: ZeroAvia)</figcaption>
</figure>
<p>Founded in 2018, ZeroAvia describes itself as &ldquo;a team of passionate innovators dedicated to bringing safe, zero-emission flight to aviation.&rdquo; The company claims its hydrogen-electric propulsion systems are &ldquo;the most environmentally friendly and economically attractive solution to aviation&rsquo;s growing climate change impact.&rdquo;</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&rsquo;s long-term goal of helping save the planet by decarbonizing the aviation industry.</p>',
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			'title' => 'Virginia is named the best U.S. state for business',
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			'description' => 'For the third time in the last five years, Virginia was ranked America's Top State for Business in 2024 by CNBC, which cited the state for having the best public schools in the country. It grabbed the top spot in 2007, 2009, 2011, 2019, and 2021.',
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			'content' => '<p>For the third time in the last five years,<strong> Virginia</strong> was ranked America&rsquo;s Top State for Business in 2024 by CNBC, which cited the state for having the best public schools in the country. It grabbed the top spot in 2007, 2009, 2011, 2019, and 2021.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-13-Virginia.jpg" alt="" />
<figcaption class="image-caption">Fairfax County Economic Development Authority President and CEO Victor Hoskins (Photo source: Fairfax County Economic Development Authority)</figcaption>
</figure>
<p>&ldquo;Congratulations to Virginia on being named America&rsquo;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,&rdquo; 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&rsquo;s 10 categories this year, &ldquo;a rare feat,&rdquo; 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&rsquo;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&rsquo;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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			'description' => 'The U.S. subsidiary of Japanese group FANUC, one of the world's largest makers of industrial robots, has opened a $110 million facility in Michigan to store, sell and maintain made-in-Japan industrial robots for North American customers, according to a statement from FANUC America.',
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			'content' => '<p>The U.S. subsidiary of Japanese group <strong>FANUC</strong>, one of the world&rsquo;s largest makers of industrial robots, has opened a $110 million facility in Michigan to store, sell and maintain made-in-Japan industrial robots for North American customers, according to a statement from FANUC America.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-13-FANUC.jpg" alt="" />
<figcaption class="image-caption">Michigan Gov. Gretchen Whitmer (center) with senior officers of FANUC America at its West Campus. (Photo source: FANUC America)</figcaption>
</figure>
<p>The new 650,000-square-foot facility was inaugurated on July 10 and is located in FANUC America&rsquo;s West Campus in Auburn Hills, Michigan. The expansion increases the company&rsquo;s footprint in Michigan to over 2 million square feet and is part of FANUC America&rsquo;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,&rdquo; <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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			'description' => 'K Health, a leading AI-driven primary care company that provides 24/7 virtual primary care solutions through its mobile app, announced this month that it had raised $50 million in funding led by Claure Group with participation from investors, including Pablo Legorreta (founder and CEO of Royalty Pharma) and Mangrove Capital Partners, Valor Equity Partners, and Atreides Management.',
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			'content' => '<p><strong>K Health</strong>, a leading AI-driven primary care company that provides 24/7 virtual primary care solutions through its mobile app, announced this month that it had raised $50 million in funding led by Claure Group with participation from investors, including Pablo Legorreta (founder and CEO of Royalty Pharma) and Mangrove Capital Partners, Valor Equity Partners, and Atreides Management.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-12-NYNJ-K-Health-Alan-Bloch.jpg" alt="" />
<figcaption class="image-caption">K Health founder and CEO Allon Bloch (Photo source: K Health)</figcaption>
</figure>
<p>K Health said in the same statement that it had been developing its own AI technology for more than seven years. Today, it can provide 24/7 virtual primary care solutions to millions of people in the United States.</p>
<p>The K Health platform includes clinical-grade medical chat and AI predictive models based on large datasets to help physicians optimize diagnosis and treatment and focus on patient care.</p>
<p>Instead of doctors taking patients through lengthy procedures and manually piecing together their medical history from electronic medical records, K Health allows healthcare providers to engage more quickly and closely with patients by giving them a complete medical chart with patient insights straight from the app.</p>
<p>According to K Health, this new model of care delivery achieves dramatically higher quality of care at lower costs compared to traditional primary care.</p>
<p>&ldquo;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,&rdquo; explained<strong> K Health founder and CEO Allon Bloch.</strong></p>
<p>&ldquo;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,&rdquo; 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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			'content' => '<p>Ontario-based multinational <strong>Lee Li Holdings (LLH)</strong> <strong>CEO Lee Q. Shim</strong> told <strong>Cambodian Prime Minister Hun Manet </strong>in a meeting at the capital Phnom Penh this month that his company was looking at investment opportunities in the country, including its automotive healthcare, gas and oil, food processing and logistics, automobiles, and exports accreditation sectors.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-12-CAMB-Li-Lee-Holdings.jpg" alt="" />
<figcaption class="image-caption">Cambodia Prime Minister Hun Manet (right) met with Lee Li Holdings President and CEO Lee Q. Shim (Ieft) in Phnom Penh this month. (Photo source: Office of the Prime Minister)</figcaption>
</figure>
<p>During the meeting, Manet pointed out that the <strong>Cambodia Chamber of Commerce</strong> had two representative offices in Canada (Toronto and Montreal) that promote bilateral trade and assist exporters and importers in their two countries.</p>
<p>&ldquo;Shim&rsquo;s visit will further contribute to the promotion of trade relations between Cambodia and Canada,&rdquo; 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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			'description' => 'National University Hospital (NUH), the main teaching hospital of the country's top-ranking National University of Singapore, announced this month the opening of a center focused on providing trauma care to vulnerable groups, particularly children, older adults, and migrant workers.',
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			'content' => '<p><strong>National University Hospital (NUH)</strong>, the main teaching hospital of the country&rsquo;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>&ldquo;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,&rdquo; 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&rsquo;s only pediatric kidney and liver transplant program.</p>',
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		'title' => 'Singapore: A fertile ground for Edtech ',
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		'description' => 'Globally, education technology (Edtech) is a rapidly growing sector. According to Precision Report's EdTech Market Research Report 2024, the global Edtech market size was valued at $115 billion in 2021 and is expected to reach $467 billion by 2027. ',
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		'content' => '<p>Globally, education technology (Edtech) is a rapidly growing sector. According to Precision Report&rsquo;s EdTech Market Research Report 2024, the global Edtech market size was valued at $115 billion in 2021 and is expected to reach $467 billion by 2027.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-2-SG-Education.jpg" alt="" />
<figcaption class="image-caption">Starting them young: Singapore's education system has gained admiration from around the world.</figcaption>
</figure>
<p>Singapore has stood out as one of the most fertile grounds for the sector&rsquo;s growth. The origins of Singapore&rsquo;s thriving Edtech sector can be traced back to 2014, when the country&rsquo;s national government enacted its Smart Nation initiative, which required schools to incorporate innovation and technology in the daily lives of Singaporean families.</p>
<p>According to UNESCO, the challenge for schools was to create meaningful learning experiences that reflected such integration, which meant that highly qualified faculty must constantly be engaged in research and innovation. Otherwise, how can one teach about advancements while experiencing none?</p>
<p>Since the enactment of the Smart Nation initiative, there have been more than 790 Edtech startups launched in Singapore. Today, the government continues to invest heavily in training its future labor pool. <br /><br />Aside from encouraging life-long learning, the city-state&rsquo;s government has also rolled out other initiatives to boost the growth of Edtech in Singapore, like an ICT masterplan, infrastructure upgrades, accelerator programs, increased connectivity in schools, and access to learning resources and opportunities for collaborations for schools and startups.</p>
<p>Those looking to start or invest in an Edtech venture will reap many benefits by betting on Singapore.</p>',
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include - APP/View/Featuresite/upcomingfeaturelist.ctp, line 53
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 963
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 108

Notice (8): Undefined index: SpecialFeature [APP/View/Featuresite/upcomingfeaturelist.ctp, line 53]
Code Context
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			'id' => '545700',
			'title' => 'Japan's largest conveyor-belt sushi chain rolls out in the U.S.',
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			'description' => 'Boston's Japanese food scene got more diverse with the opening in April of Sakabayashi Sushi Tavern, a subsidiary of Japan's largest conveyor-belt sushi chain, Sushiro. The restaurant is the first investment of its parent company, Food & Life Co., in the United States. ',
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			'url' => 'japans-largest-conveyor-belt-sushi-chain-rolls-out-in-the-us',
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			'content' => '<p>Boston&rsquo;s Japanese food scene got more diverse with the opening in April of Sakabayashi Sushi Tavern, a subsidiary of Japan&rsquo;s largest conveyor-belt sushi chain, Sushiro. The restaurant is the first investment of its parent company, <strong>Food &amp; Life Co.</strong>, in the United States.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-4-Sushiro.jpg" alt="" />
<figcaption class="image-caption">Food &amp; Life Companies USA President Yosuke Tanaka (Source: LinkedIn/Yosue Tanaka)</figcaption>
</figure>
<p>Sakabayashi retained the original restaurant&rsquo;s <em>izakaya </em>style of dining<em>, </em>wherein patrons can eat and drink in a casual setting. With menu items priced from under $10, the restaurant wants to attract a diverse crowd.</p>
<p>&ldquo;Ensuring affordability while providing an authentic Japanese experience to Americans is paramount. Eighty percent of our menu is recreated from Japan. Our raw ingredients are sourced from our global procurement chain,&rdquo; said <strong>Food &amp; Life Companies USA President Yosuke Tanaka.</strong></p>
<p>Although Sakabayashi Sushi Tavern is Food and Life&rsquo;s first foray in the country, the group has many years of international experience. With operations in eight countries, primarily in Asia, Food &amp; Life aims to generate $1.45 billion in overseas revenue by the end of the fiscal year 2026 by opening more conveyor-belt sushi restaurants in the United States.</p>
<p>&ldquo;Our priority is not limited to deploying our existing brand but also to discovering, developing, and expanding new brands and food-services formats through the reinforcement of our competitive advantages in ingredient development, procurement, and supply chain management,&rdquo; said <strong>Food &amp; Life Ltd. President and CEO Koichi Mizutome.</strong></p>
<p>Mizutome&rsquo;s confidence stems from the growing popularity of Japanese cuisine in the United States. In 2023, revenues of sushi restaurants in America grew by 4.5% and are expected to grow further, according to research firm IBIS World.</p>
<p>In the United States, ramen shops are also growing more popular as various Japanese chains, like Fukuoka and Ramen Santouka, plan to open more outlets across the country.</p>',
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			'title' => 'Impostor Syndrome and The Incomplete Leader',
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			'description' => 'Now that everyone's details, accomplishments, and track record are easily fact-checked and reviewed on the internet, there has been a rise in the number of anxiety-riddled executives. The same tool used for work productivity has also been a source of consternation.',
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			'url' => 'impostor-syndrome-and-the-incomplete-leader',
			'tags' => 'Leadership, Management, Impostor Syndrome',
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			'content' => '<p>The notion that &ldquo;leaders have to be flawless&rdquo; is starting to disappear. Access to unlimited information, a.k.a. the Internet, should have changed this perception ages ago.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-3-SG-Impostor-Syndrome.jpg" alt="" />
<figcaption class="image-caption">The workplace has evolved to become a more forgiving place for its leaders. (Illustration by Lianne Dominguez)</figcaption>
</figure>
<p>But now that everyone&rsquo;s details, accomplishments, and track record are easily fact-checked and reviewed on the internet, there has been a rise in the number of anxiety-riddled executives. The same tool used for work productivity has also been a source of consternation.</p>
<p>The pressure to have intellectual and interpersonal superiority is at an all-time high. According to the National Library of Medicine, impostor syndrome (IS) is a behavioral health phenomenon described as self-doubt of intellect, skills, or accomplishments among high-achieving individuals. Yes! The seemingly poised manager could be a fa&ccedil;ade.</p>
<p>Despite the tremendous pressure for perfection, an article in Harvard Business Review offers a solution to ease some caffeine-stimulated corporate minds. The authors, in praise of &ldquo;The Incomplete Leader,&rdquo; recommend embracing imperfections to strengthen one&rsquo;s leadership abilities. It also said that organizations were evolving to become more collaborative than hierarchical.</p>
<p>Decisions should often be made in the context of the open economy, therefore as no senior executive has a monopoly on knowledge. The overarching theme was that: Leaders should determine the right colleague to handle areas of their perceived weaknesses.&nbsp;</p>
<p>In fact, four leadership capabilities are developed during this process: sense-making, relating, visioning, and inventing.</p>
<p>Arguably, many teams have adopted the practice of &ldquo;excellence&rdquo; over &ldquo;perfection&rdquo;. The culture of excellence, while forgiving mistakes and considering personal limitations, does not absolve leaders and team members from giving their best.</p>
<p>Accepting the new demands and realities of a hybrid workplace, especially for leaders, will empower and not overwhelm the incomplete leader.</p>',
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			'title' => 'Brewing success: How leadership catapulted Paradox Brewery to new heights',
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			'description' => 'Paradox Brewery President and founder Paul Mrocka is widely credited for driving the New York-based to new levels of success through strategic planning, data-driven decision-making, and effective international partnerships.',
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			'content' => '<p><strong>Paradox Brewery President and founder Paul Mrocka </strong>is widely credited for driving the New York-based to new levels of success through strategic planning, data-driven decision-making, and effective international partnerships.</p>
<p>According to Mrocka, data isn't just numbers at Paradox Brewery. It's a roadmap to success.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-3-NYNJ-Paradox-Brewery.jpg" alt="" />
<figcaption class="image-caption">Paradox Brewery President and founder Paul Mrocka</figcaption>
</figure>
<p>In an interview with GMI POST, Mrocka emphasized their reliance on Information Resources, Inc. (IRI) data to understand market trends, consumer preferences, and competitor strategies.</p>
<p>&ldquo;We're very competitive in our prices and a data-driven company. We tell stories with this data that we buy. And we use that data to go to the buyer and talk to them about it,&rdquo; he said.</p>
<p>By leveraging IRI&rsquo;s data, Paradox Brewery gains insights that shape its marketing strategies and product development, ensuring it stays ahead in the fiercely competitive craft beer market.</p>
<p>Paradox Brewery isn't afraid to think big either. </p>
<p>&ldquo;You have to put the time in. You have to show up and get face-to-face with these people because there has to be a degree of comfort on both sides of the arrangement to buy beer from the other side of the planet,&rdquo;<strong> Director of Operations Devon Hamilton </strong>said about plans to expand globally.</p>
<p>By nurturing strong relationships with international partners, Paradox Brewery secures distribution channels and builds a global brand presence, Hamilton also said.</p>
<p>For Paradox Brewery, success isn't just about reacting to market trends but about anticipating and shaping them. Through constant planning and adaptation, the company stays at the forefront of innovation, offering a diverse and appealing portfolio to its customers.</p>
<p>&ldquo;We all sit down, talk about what did well last year, what we think we should bring back for next year, what the upcoming trends are, and argue about what our portfolio will be,&rdquo; Hamilton said.</p>
<p>As Paradox Brewery expands both domestically and internationally, the skills and dedication of its leaders will ensure the New York brand remains a beloved brand in the craft beer industry.</p>',
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			'title' => 'What Cambodia's honey industry can teach businesses ',
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			'description' => 'In 2021, Cambodia's government awarded its first geographic indication (GI) label for the wild honey harvested in Mondulkiri Province. The protected GI label, granted to local products with distinctive regional qualities, has elevated the profile of Cambodian honey on the global stage.',
			'credit_id' => '48',
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			'url' => 'what-cambodias-honey-industry-can-teach-businesses',
			'tags' => 'Cambodia, Leadership, Management, Agriculture, Honey',
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			'content' => '<p>Cambodia&rsquo;s honey industry has experienced steady growth in recent years. In 2021, the government awarded its first geographic indication (GI) label for the wild honey harvested in Mondulkiri Province. The protected GI label, granted to local products with distinctive regional qualities, has elevated the profile of Cambodian honey on the global stage.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-3-CAMB-Honey.jpg" alt="" />
<figcaption class="image-caption">Cambodia Honey Association Executive Director Sem Sreytouch</figcaption>
</figure>
<p>Although varieties like Modulkiri money have been harvested in Cambodia for centuries, efforts to streamline and formalize the industry&rsquo;s value chain are relatively recent and spearheaded by the Cambodia Honey Association (CHA), the main advocacy group representing the sector&rsquo;s stakeholders.</p>
<p>In an interview with GMI POST, CHA underscored the necessary steps to invigorate the industry while providing insight into navigating business in an emerging market landscape.&nbsp;</p>
<p><strong>&nbsp;</strong></p>
<p><span style="font-family: helvetica; font-size: 18pt;"><strong>Collaboration over competition </strong></span></p>
<p><strong>&nbsp;</strong></p>
<p><strong>CHA Executive Director Sem Sreytouch </strong>emphasizes the importance of shifting industry stakeholders&rsquo; mindset from competition to collaboration.</p>
<p>&ldquo;One of our main advocacies is to enact a change in mindset among Cambodian honey growers, apiaries, and other stakeholders in the value chain. A united front is required to elevate the overall standards of the Cambodian honey industry&rdquo; she said.</p>
<p><strong>&nbsp;</strong></p>
<p><span style="font-family: helvetica; font-size: 18pt;"><strong>Prioritize capacity building</strong></span></p>
<p><strong>&nbsp;</strong></p>
<p><strong>Peter Batt, Ph.D of Curtin University,</strong> also a fellow of the International Horticultural Congress, stressed the need for education and capacity-building at the grassroots level in emerging markets like Cambodia.</p>
<p>&ldquo;A key aspect of addressing challenges in Cambodia, particularly within the honey industry, was capacity building of smallholder farmers and empowering those farmers with basic and practical skills to help them grasp what it takes to thrive in trade,&rdquo; he said.</p>
<p><strong>&nbsp;</strong></p>
<p><span style="font-size: 1*pt;"><strong><span style="font-family: helvetica;">Explore untapped resources</span> </strong></span></p>
<p>&nbsp;</p>
<p>CHA also highlighted Cambodia's rich geographic diversity as a wellspring of untapped potential for future GI labels, such as honey from the lesser-known Tonle Sap Lake region. <strong>Dr. Try Yong</strong>, a beekeeping expert and an advisor to the Royal Ministry of Agriculture, underscored Cambodia&rsquo;s abundance of untapped honey collection areas in the rest of the country.</p>
<p>&ldquo;Regions like Tone Sap Lake and the western coasts offer promising opportunities. Despite the vast forests from which much of our honey originates, many areas lack GI certification, signaling significant untapped potential and future business opportunities for our kingdom,&rdquo; he said.</p>',
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			'id' => '545692',
			'title' => 'Wisconsin to give multimillion tax incentive to Kikkoman for new expansion',
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			'description' => 'Kikkoman Foods Inc. has broken ground for its third manufacturing plant in Jefferson County and an expansion to its existing plant in neighboring Walworth County, Wisconsin. To support this fresh investment, the Wisconsin Economic Development Corp. (WEDC) plans to provide the Japanese soy sauce maker up to $15.5 million in performance-based tax credits.',
			'credit_id' => '48',
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			'url' => 'wisconsin-to-give-multimillion-tax-incentive-to-kikkoman-for-new-expansion',
			'tags' => 'US, Japan, Wisconsin, Economic Development, Food',
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			'content' => '<p>Kikkoman Foods Inc. has broken ground for its third manufacturing plant in Jefferson County and an expansion to its existing plant in neighboring Walworth County, Wisconsin. To support this fresh investment, the <strong>Wisconsin Economic Development Corp. (WEDC)</strong> plans to provide the Japanese soy sauce maker up to $15.5 million in performance-based tax credits.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-3-Kikkoman-Wisconsin.jpg" alt="" />
<figcaption class="image-caption">Wisconsin Economic Development Corporation CEO and Secretary Missy Hughes (Source: Milwaukee Business Journal)</figcaption>
</figure>
<p>Kikkoman&rsquo;s expansion in Wisconsin will inject $800 million into the state&rsquo;s economy and create 83 new jobs over the next decade. The Walworth facility, opened in 1973, is the company&rsquo;s highest-producing soy sauce factory globally.</p>
<p>Meanwhile, the plant in Jefferson City is scheduled to start operations in 2026 and will focus on soy sauce-related products, like teriyaki sauce. Aside from enhancing efficiency and scalability, the facility will bolster Kikkoman&rsquo;s sustainability efforts by using renewable energy sources and equipment with lower CO2 emissions.</p>
<p><strong>WEDC Secretary and CEO Missy Hughes</strong> welcomed the announcement: &ldquo;Fifty years ago, Kikkoman made history by choosing Walworth, Wisconsin for its first international brewing plant. Now, by expanding its presence in Jefferson, Kikkoman is opening a new chapter in its history.&rdquo;</p>
<p><strong>Jefferson City Mayor Dale Oppermann</strong> expressed appreciation for Kikkoman&rsquo;s continued trust in the region: &ldquo;Kikkoman&rsquo;s decision to invest in Jefferson underscores the strength and appeal of our local food and beverage niche. We look forward to a long, prosperous partnership.&rdquo;</p>
<p>Meanwhile, <strong>Kikkoman Chair and honorary CEO Yuzauro Mogi </strong>said the company&rsquo;s choice of Wisconsin was rooted in several factors, among them its location, which provided convenient market access, as well as its skilled workforce, easy availability of raw materials, an abundance of clean water, the collaborative spirit of the local community.</p>
<p>&ldquo;We look forward to expanding our footprints in Wisconsin and establishing a supply chain with increased stability in North America,&rdquo; he also said.</p>
<p>Over the past five decades, Kikkoman has transformed rural Wisconsin through partnerships with the local community, donating more than $17 million to charitable organizations.</p>
<p>As one of the first production facilities set up by a Japanese company in the United States, the Walworth plant is seen as a valuable symbol of the close business and cultural partnership between the two countries.</p>
<p>&ldquo;Whether it&rsquo;s providing thousands of jobs, bolstering our economy or providing us and the world with phenomenal soy sauce, Kikkoman is doing good work across Wisconsin and the country. I am grateful for their continued partnership and expansion in Wisconsin,&rdquo; said <strong>Gov. Tony Evers</strong>.</p>',
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			'section_summary' => 'Kikkoman Foods Inc. has broken ground for its third manufacturing plant in Jefferson County and an expansion to its existing plant in neighboring Walworth County, Wisconsin. To support this fresh investment, the Wisconsin Economic Development Corp. (WEDC) plans to provide the Japanese soy sauce maker up to $15.5 million in performance-based tax credits.',
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		'Articles' => array(
			'id' => '545693',
			'title' => 'New York wants more Japanese chipmakers in the state',
			'description_old' => null,
			'description' => 'Empire State Development (ESD), the umbrella organization for New York's two main economic development corporations, wants more Japanese chip industry suppliers to open operations in the state to support the upcoming manufacturing facilities of Micron Technology, the world's fourth-largest semiconductor company.',
			'credit_id' => '48',
			'image' => null,
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			'url' => 'new-york-wants-more-japanese-chipmakers-in-the-state',
			'tags' => 'US, Japan, New York, Economic Development, IT',
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			'content' => '<p><strong>Empire State Development (ESD)</strong>, the umbrella organization for New York's two main economic development corporations, wants more Japanese chip industry suppliers to open operations in the state to support the upcoming manufacturing facilities of Micron Technology, the world&rsquo;s fourth-largest semiconductor company.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-3-Micron-NY.jpg" alt="" />
<figcaption class="image-caption">Empire State Development President Hope Knight (Source: Empire State Development)</figcaption>
</figure>
<p>&ldquo;Last year, we were able to attract Micron to central New York. With the large investment that Micron is making, $100 billion, we know that we have to build an ecosystem to support that activity. That's why we're here on this mission: to talk to Japanese firms, some of Micron's suppliers, to come and locate in New York,&rdquo; <strong>ESD President Hope Knight</strong> told Nikkei Asia.</p>
<p>While Knight did not name the companies she spoke to during her visit to Japan, she mentioned that some were &ldquo;very excited about the possibility&rdquo; of investing in the state.</p>
<p>Micron, the only memory and storage manufacturer in the United States, has announced plans to build a $100 billion &ldquo;mega fab,&rdquo; which will employ more than 9,000 people, near Syracuse in upstate New York.</p>
<p>Even before the CHIPS and Science Act became federal law in 2022, New York had unveiled its $10 billion program, called Green CHIPS, which offered tax incentives to chip manufacturers. Participants of Green CHIPS can benefit from zero corporate income tax rates and receive tax credits based on their capital spending and research and development expenditures.</p>
<p>&ldquo;We customize a package for you,&rdquo; said Knight, who emphasized that incentives are tailored based on various factors, like the number of jobs created and size of investment.</p>
<p>The ESD president highlighted the importance of bringing back chip manufacturing to the United States, citing national security concerns and geopolitical trends, and underscored New York's manufacturing legacy and its readiness to revive its manufacturing sector.</p>
<p>New York has prioritized chip manufacturing as a key industry for economic growth. Apart from IBM, 75 other semiconductor-related companies have made new investments in the state. And since the introduction of Green CHIPS, total investments have reached $112 billion.</p>
<p>On concerns surrounding the high cost of living and labor costs associated with New York City, Knight said that cities in upstate New York, such as Albany, Syracuse, Rochester and Buffalo, offer affordability and have cheaper sources of clean power.</p>
<p>As head of ESD, Knight works closely with Gov. Kathy Hochul in developing the state economy through various measures like financing, subsidies, and tax breaks. As of 2022, ESD has been involved in at least 190 projects.</p>',
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			'id' => '545694',
			'title' => 'Toyota unveils $1.4 billion investment in Indiana to make more electric vehicles',
			'description_old' => null,
			'description' => 'Toyota, the world's largest automaker, has announced a $1.4 billion expansion of its factory in the U.S. state of Indiana to produce electric vehicles (EVs) starting in 2026. With the new expansion, Toyota Motor Manufacturing Indiana will become the company's second EV production facility in the United States.',
			'credit_id' => '48',
			'image' => null,
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			'url' => 'toyota-unveils-14-billion-investment-in-indiana-to-make-more-electric-vehicles',
			'tags' => 'US, Japan, Indiana, Electric Vehicles',
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			'content' => '<p>Toyota, the world&rsquo;s largest automaker, has announced a $1.4 billion expansion of its factory in the U.S. state of Indiana to produce electric vehicles (EVs) starting in 2026. With the new expansion, Toyota Motor Manufacturing Indiana will become the company&rsquo;s second EV production facility in the United States.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-3-Toyota-EVs.jpg" alt="" />
<figcaption class="image-caption">Toyota Motor Manufacturing Indiana President Tim Hollander (Source: PR Newswire)</figcaption>
</figure>
<p>According to Nikkei Asia, the investment will create 340 new high-quality jobs and increase the company&rsquo;s total number of employees in Indiana to around 8,000. The expansion also raises</p>
<p>Toyota&rsquo;s total investment in the state to $8 billion, Green Car Congress reported. <br /><br />Toyota&rsquo;s decision to increase EV production comes amid a surge in demand for its hybrid models, said CBT News.</p>
<p>In April, Toyota reported record annual sales for the fiscal year ending in March, surpassing the 10 million-unit mark for the first time. Its hybrid models have played a major role in growing the company&rsquo;s market share over the past year.</p>
<p>Toyota&rsquo;s only other EV factory in the United States is in Kentucky. The facility Georgetown is due to begin operations next year.</p>
<p>"Since 2021, Toyota has announced new investments totaling $18.6 billion into its U.S. manufacturing operations to support electrification efforts," the company said.</p>',
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		'Articles' => array(
			'id' => '545689',
			'title' => 'Singapore: A fertile ground for Edtech ',
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			'description' => 'Globally, education technology (Edtech) is a rapidly growing sector. According to Precision Report's EdTech Market Research Report 2024, the global Edtech market size was valued at $115 billion in 2021 and is expected to reach $467 billion by 2027. ',
			'credit_id' => '48',
			'image' => null,
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			'url' => 'singapore-a-fertile-ground-for-edtech',
			'tags' => 'Japan, Singapore, Education',
			'is_rss' => false,
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			'content' => '<p>Globally, education technology (Edtech) is a rapidly growing sector. According to Precision Report&rsquo;s EdTech Market Research Report 2024, the global Edtech market size was valued at $115 billion in 2021 and is expected to reach $467 billion by 2027.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-2-SG-Education.jpg" alt="" />
<figcaption class="image-caption">Starting them young: Singapore's education system has gained admiration from around the world.</figcaption>
</figure>
<p>Singapore has stood out as one of the most fertile grounds for the sector&rsquo;s growth. The origins of Singapore&rsquo;s thriving Edtech sector can be traced back to 2014, when the country&rsquo;s national government enacted its Smart Nation initiative, which required schools to incorporate innovation and technology in the daily lives of Singaporean families.</p>
<p>According to UNESCO, the challenge for schools was to create meaningful learning experiences that reflected such integration, which meant that highly qualified faculty must constantly be engaged in research and innovation. Otherwise, how can one teach about advancements while experiencing none?</p>
<p>Since the enactment of the Smart Nation initiative, there have been more than 790 Edtech startups launched in Singapore. Today, the government continues to invest heavily in training its future labor pool. <br /><br />Aside from encouraging life-long learning, the city-state&rsquo;s government has also rolled out other initiatives to boost the growth of Edtech in Singapore, like an ICT masterplan, infrastructure upgrades, accelerator programs, increased connectivity in schools, and access to learning resources and opportunities for collaborations for schools and startups.</p>
<p>Those looking to start or invest in an Edtech venture will reap many benefits by betting on Singapore.</p>',
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			'title' => 'Columbia University seeks closer partnerships with Japan ',
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			'description' => 'The Japan Study Student Association at Columbia University's School of International and Public Affairs organized a visit to Japan in March to allow some of its members to learn more about the country's government, people, culture, and food.',
			'credit_id' => '48',
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			'url' => 'columbia-university-seeks-closer-partnerships-with-japan',
			'tags' => 'US, Japan, Education',
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			'content' => '<p>The Japan Study Student Association at <strong>Columbia University&rsquo;s School of International and Public Affairs </strong>organized a visit to Japan in March to allow some of its members to learn more about the country&rsquo;s government, people, culture, and food.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-2-NYNJ-JASSA-Education.jpg" alt="" />
<figcaption class="image-caption">JASSA representatives during their Japan trip</figcaption>
</figure>
<p>&ldquo;The Japan trip was a phenomenal opportunity not only from a career development perspective but also from a personal development perspective,&rdquo; JASSA Representative Daniel Alvarez said in an article posted on SIPA&rsquo;s website.</p>
<p>&ldquo;Speaking with top politicians, participating in cultural ceremonies, learning about critical events in Japan&rsquo;s history, experiencing the excellent cuisine, and enjoying the nightlife with new friends made for a very well-rounded trip and once-in-a-lifetime experience,&rdquo; Alvarez added.</p>
<p>For SIPA students who want to join future Japan trips, Alvarez encouraged fellow members to attend upcoming JASSA events so they can express their interest to the organizers. The trip was just one of many events of SIPA to bolster U.S.-Japan cooperation.</p>
<p>In June 2023<strong>, SIPA Dean Keren Yarhi-Milo</strong> visited the University of Tokyo's Graduate School of Public Policy, a fellow member of the Global Public Policy Network, where she held pivotal discussions to enhance cross-cultural exchange. <br /><br />In interviews with local media, including Nikkei Asia and TV Tokyo, Yarhi-Milo highlighted SIPA's commitment to integrating Japanese perspectives within its academic community.</p>
<p>&ldquo;We want our students and our faculty to be involved and engaged with Japan,&rdquo; said Yarhi-Milo as she recognized the country&rsquo;s significant economic and strategic influence in East Asia.</p>',
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	(int) 9 => array(
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			'id' => '545691',
			'title' => '3 reasons Japan-Cambodia education partnerships are thriving',
			'description_old' => null,
			'description' => 'As Cambodia and Japan commemorate 70 years of diplomatic relations, the two nations look forward to a new era in their partnership as they seek fresh fields of collaboration. More and more Japanese recognize Cambodia's untapped potential and hope to play a role in the development of its population.',
			'credit_id' => '48',
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			'url' => '3-reasons-japan-cambodia-education-partnerships-are-thriving',
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			'content' => '<p>As Cambodia and Japan commemorate 70 years of diplomatic relations, the two nations look forward to a new era in their partnership as they seek fresh fields of collaboration. More and more Japanese recognize Cambodia&rsquo;s untapped potential and hope to play a role in the development of its population.</p>
<p>For instance, the increased prominence of the <strong>Institute of Technology of Cambodia </strong>among the expatriate population reveals three key reasons Cambodia&rsquo;s educational landscape has attracted the attention of the Japanese community.</p>
<p>&nbsp;</p>
<p><span style="font-family: helvetica; font-size: 16pt;"><strong>The population is young, growing and mobile</strong></span></p>
<p>&nbsp;</p>
<p>CiteSeerX reports that nearly 70% of Cambodians are 29-years old and younger. <br /><br />&ldquo;Among Cambodia&rsquo;s younger generation, the literacy rate is reported to be quite high because of increasing opportunities for education. The gender gap among young adults is not so substantial, although some age group differences exist,&rdquo; Japan International Cooperation Agency said in its 2023 Country Study.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-2-CAMB-Japan-Education.jpg" alt="" />
<figcaption class="image-caption">Institute of Technology of Cambodia Rector Dr. Po Kimtho (left) and Kanazawa University President Takashi Wada (right)</figcaption>
</figure>
<p>&ldquo;This implies that very well-targeted literacy education by age, sex, geography, time of the class, and contents of the class will likely bring about significant domestic and foreign partnerships in Cambodia&rsquo;s education sector,&rdquo; the study added.An example of such a partnership is that between ITC and Panasonic Cambodia. ITC is one of only two institutions in the kingdom to receive scholarships from Panasonic Cambodia, the local subsidiary of Japanese tech giant Panasonic Group. Panasonic Cambodia Country Head Yosunoby Matsumoto said the initiative will be a means to &ldquo;maximize workforce potential, fostering growth, and nurturing the next generation of leaders.&rdquo;</p>
<p>According to Matsumoto, Panasonic Cambodia recognizes the talented local science and technology students and continues to invest in their capacity building to develop the next generation of technology business leaders that will allow them to participate in a global economy.</p>
<p><strong>&nbsp;</strong></p>
<p><span style="font-size: 16pt;"><strong><span style="font-family: helvetica;">It is open to international collaboration</span> </strong></span></p>
<p>&nbsp;</p>
<p>Cambodia is home to more than 128 higher education institutions, at least 45 of which (including ITC) have active international partnerships with universities and organizations abroad. ITC&rsquo;s outreach activities have helped position itself as an ideal partner for Japanese ventures.</p>
<p>Last year, the deputy director of ITC, along with six other academic delegates, visited the Tokyo Institute of Technology (Tokyo Tech), to partake in the training course &ldquo;Project for Strengthening Engineering Education and Research for Industrial Development in Cambodia,&rdquo; organized by JICA.</p>
<p>Subsequently, JICA formalized an agreement with ITC to strengthen engineering education and research in industrial development in Cambodia</p>
<p>&nbsp;</p>
<p><span style="font-family: helvetica; font-size: 16pt;"><strong>A growing vocationally and technically proficient workforce</strong></span></p>
<p>&nbsp;</p>
<p>&ldquo;Strengthening technical and vocational training is pivotal to attracting Japanese investment in Cambodia,&rdquo; said Labor and Vocational Training Minister Heng Sour, who urged JICA to persist in developing human resources in these domains, a statement that JICA President Sanui Kazumasa agreed with.</p>
<p>ITC, a partner of JICA, produces approximately 3,700 undergraduate and graduate students specializing in science, technology, and engineering.</p>',
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	(int) 10 => array(
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			'id' => '545686',
			'title' => 'Japan's JERA and Inpex to invest in separate U.S. ammonia projects',
			'description_old' => null,
			'description' => 'To bolster Japan's clean energy initiatives, two major Japanese energy companies, JERA and Inpex, are preparing to invest in separate projects in the United States that will produce ammonia for clean-burning power generation in Japan, Nikkei Asia reports. ',
			'credit_id' => '48',
			'image' => null,
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			'url' => 'japans-jera-and-inpex-to-invest-in-separate-us-ammonia-projects',
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			'content' => '<p>To bolster Japan's clean energy initiatives, two major Japanese energy companies,<strong> JERA</strong> and <strong>Inpex</strong>, are preparing to invest in separate projects in the United States that will produce ammonia for clean-burning power generation in Japan, Nikkei Asia reports.</p>
<figure class="image-container floated-right" style="float: right;"><img class="align-right" src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-2-JERA-and-Inpex.jpg" alt="" />
<figcaption class="image-caption">Inpex President Takayuki Ueda</figcaption>
</figure>
<p><strong>JERA Global CEO and Chair Yukio Kani </strong>and<strong> Inpex President Takayuki Ueda</strong> confirmed the investments with local U.S. media at the CERAWeek 2024 energy industry conference held in Houston, Texas.</p>
<p>JERA, a joint venture between Tokyo Electric Power and Chubu Electric Power, announced its partnership with Oklahoma-based green energy company, Greenfield Energy. Together, they will build a facility in Louisiana to produce green ammonia using renewable energy sources.</p>
<p>Kani also confirmed to media that JERA will hire more people at its U.S. arm, aiming to expand the workforce by 30% after a year to around 250 employees.</p>
<p>On the other hand, Inpex, a leading oil and gas exploration and production company, is exploring opportunities in Texas to establish its own ammonia production facility.</p>
<p>According to Nikkei Asia, Inpex plans to produce 1.1 million tons of ammonia annually in Houston by 2027.</p>
<p>The investments by JERA and Inpex mark significant milestones in Japan's quest for cleaner energy alternatives.</p>',
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			'content' => '<p>To promote Japanese contribution to the United States&rsquo; investment landscape, <strong>Prime Minister Fumio Kishida</strong> visited North Carolina in April to tour the site of Toyota Motor Corp.&rsquo;s electric and hybrid battery plant in the city of Greensboro.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-2-Kishida-Visit-to-NC.jpg" alt="" />
<figcaption class="image-caption">Japanese Prime Minister Fumio Kishida (center) visits Toyota's EV battery plant being built in North Carolina. (Photo source: Nikkei Asia)</figcaption>
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<p>Kishida&rsquo;s visit marked a historic moment in U.S.-Japan relations because it was the first time since 1891 that a foreign head of state visited the governor&rsquo;s mansion and the first time in a decade that a Japanese prime minister visited the state.</p>
<p>&ldquo;I am honored to be here in North Carolina to showcase the multilayered and strong ties between the United States and Japan,&rdquo; Kishida told guests at the luncheon at the state governor&rsquo;s mansion. He also lauded North Carolina for being a state &ldquo;at the forefront of the times.&rdquo;</p>
<p>Japan remains North Carolina&rsquo;s largest foreign direct investor, employing over 30,000 people in over 200 Japanese companies.</p>
<p>According to the Environmental Defense Fund, North Carolina leads all U.S. states in electric vehicle (EV) investment, attracting over $19 billion in the past year. This is attributed to its world-class infrastructure, skilled workforce, and favorable local policies.</p>
<p>Capitalizing on that environment, Japanese automakers have expanded their EV production capacity in the state. Toyota invested an additional $8 billion in its Greensboro battery plant, raising its total capital investment to around $14 billion and generating more than 5,000 new jobs.</p>
<p>Chiaki Takagi, a Japanese studies lecturer at the University of North Carolina Greensboro, highlighted the significance of Kishida&rsquo;s visit: &ldquo;This whole thing will provide the area with opportunities to be engaged in very active cultural exchange between Japan and the U.S.&rdquo;</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&rsquo;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>
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			'title' => 'ITOCHU to take part in Taiwan's smart city project ',
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			'description' => 'Tokyo-based trading giant ITOCHU secured a contract to develop and test AI systems that will help run the transportation network and energy infrastructure of a future smart city project in southern Taiwan, according to a company press release.',
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			'content' => '<p>Tokyo-based trading giant <strong>ITOCHU</strong> secured a contract to develop and test AI systems that will help run the transportation network and energy infrastructure of a future smart city project in southern Taiwan, according to a company press release.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-13-ITOCHU-Taiwan.jpg" alt="" />
<figcaption class="image-caption">ITOCHU plans to roll out AI-powered buses for Taiwan's new smart city project in Tainan. (Photo source: Nikkei Asia)</figcaption>
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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&rsquo;s artificial intelligence (AI) industry. In line with this goal, ITOCHU will collaborate with various Taiwanese partners, including IT company Accton Technology and National Cheng Kung University.</p>
<p>Home to the world's largest semiconductor maker, Taiwan Semiconductor Manufacturing Company (TSMC), Taiwan has a global market share of 61.7%. CNN estimates that TSMC produces 90% of the world's super-advanced semiconductor chips, which are used to power everything from smartphones to artificial intelligence applications.</p>',
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<figcaption class="image-caption">Melexis' new 70 million-euro facility in Kuching is a nod to the local architectural design. (Photo source: Melexis)</figcaption>
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<p>Wafer testing is part of the manufacturing process wherein all individual integrated circuits are checked for functional defects through special test patterns.</p>
<p>According to Melexis, its expansion in Malaysia is a strategic move to streamline logistics and reduce its ecological footprint. Additionally, it selected Kuching because of its diverse, multilingual, entrepreneurial and highly skilled workforce.</p>
<p><strong>Melexis CEO Marc Biron </strong>said, &ldquo;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.&rdquo;</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&rsquo;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>&ldquo;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,&rdquo; <strong>Sarawak&rsquo;s Ministry of International Trade, Industry and Investment </strong>said in a statement<strong>.</strong></p>
<p>&ldquo;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,&rdquo; the statement also said.</p>',
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<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 &ldquo;a team of passionate innovators dedicated to bringing safe, zero-emission flight to aviation.&rdquo; The company claims its hydrogen-electric propulsion systems are &ldquo;the most environmentally friendly and economically attractive solution to aviation&rsquo;s growing climate change impact.&rdquo;</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&rsquo;s long-term goal of helping save the planet by decarbonizing the aviation industry.</p>',
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			'title' => 'Virginia is named the best U.S. state for business',
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			'description' => 'For the third time in the last five years, Virginia was ranked America's Top State for Business in 2024 by CNBC, which cited the state for having the best public schools in the country. It grabbed the top spot in 2007, 2009, 2011, 2019, and 2021.',
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			'content' => '<p>For the third time in the last five years,<strong> Virginia</strong> was ranked America&rsquo;s Top State for Business in 2024 by CNBC, which cited the state for having the best public schools in the country. It grabbed the top spot in 2007, 2009, 2011, 2019, and 2021.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-13-Virginia.jpg" alt="" />
<figcaption class="image-caption">Fairfax County Economic Development Authority President and CEO Victor Hoskins (Photo source: Fairfax County Economic Development Authority)</figcaption>
</figure>
<p>&ldquo;Congratulations to Virginia on being named America&rsquo;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,&rdquo; 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&rsquo;s 10 categories this year, &ldquo;a rare feat,&rdquo; 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&rsquo;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&rsquo;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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			'description' => 'The U.S. subsidiary of Japanese group FANUC, one of the world's largest makers of industrial robots, has opened a $110 million facility in Michigan to store, sell and maintain made-in-Japan industrial robots for North American customers, according to a statement from FANUC America.',
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<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-13-FANUC.jpg" alt="" />
<figcaption class="image-caption">Michigan Gov. Gretchen Whitmer (center) with senior officers of FANUC America at its West Campus. (Photo source: FANUC America)</figcaption>
</figure>
<p>The new 650,000-square-foot facility was inaugurated on July 10 and is located in FANUC America&rsquo;s West Campus in Auburn Hills, Michigan. The expansion increases the company&rsquo;s footprint in Michigan to over 2 million square feet and is part of FANUC America&rsquo;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,&rdquo; <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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			'description' => 'K Health, a leading AI-driven primary care company that provides 24/7 virtual primary care solutions through its mobile app, announced this month that it had raised $50 million in funding led by Claure Group with participation from investors, including Pablo Legorreta (founder and CEO of Royalty Pharma) and Mangrove Capital Partners, Valor Equity Partners, and Atreides Management.',
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			'content' => '<p><strong>K Health</strong>, a leading AI-driven primary care company that provides 24/7 virtual primary care solutions through its mobile app, announced this month that it had raised $50 million in funding led by Claure Group with participation from investors, including Pablo Legorreta (founder and CEO of Royalty Pharma) and Mangrove Capital Partners, Valor Equity Partners, and Atreides Management.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-12-NYNJ-K-Health-Alan-Bloch.jpg" alt="" />
<figcaption class="image-caption">K Health founder and CEO Allon Bloch (Photo source: K Health)</figcaption>
</figure>
<p>K Health said in the same statement that it had been developing its own AI technology for more than seven years. Today, it can provide 24/7 virtual primary care solutions to millions of people in the United States.</p>
<p>The K Health platform includes clinical-grade medical chat and AI predictive models based on large datasets to help physicians optimize diagnosis and treatment and focus on patient care.</p>
<p>Instead of doctors taking patients through lengthy procedures and manually piecing together their medical history from electronic medical records, K Health allows healthcare providers to engage more quickly and closely with patients by giving them a complete medical chart with patient insights straight from the app.</p>
<p>According to K Health, this new model of care delivery achieves dramatically higher quality of care at lower costs compared to traditional primary care.</p>
<p>&ldquo;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,&rdquo; explained<strong> K Health founder and CEO Allon Bloch.</strong></p>
<p>&ldquo;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,&rdquo; 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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			'content' => '<p>Ontario-based multinational <strong>Lee Li Holdings (LLH)</strong> <strong>CEO Lee Q. Shim</strong> told <strong>Cambodian Prime Minister Hun Manet </strong>in a meeting at the capital Phnom Penh this month that his company was looking at investment opportunities in the country, including its automotive healthcare, gas and oil, food processing and logistics, automobiles, and exports accreditation sectors.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-12-CAMB-Li-Lee-Holdings.jpg" alt="" />
<figcaption class="image-caption">Cambodia Prime Minister Hun Manet (right) met with Lee Li Holdings President and CEO Lee Q. Shim (Ieft) in Phnom Penh this month. (Photo source: Office of the Prime Minister)</figcaption>
</figure>
<p>During the meeting, Manet pointed out that the <strong>Cambodia Chamber of Commerce</strong> had two representative offices in Canada (Toronto and Montreal) that promote bilateral trade and assist exporters and importers in their two countries.</p>
<p>&ldquo;Shim&rsquo;s visit will further contribute to the promotion of trade relations between Cambodia and Canada,&rdquo; 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&rsquo;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>
<p>&ldquo;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,&rdquo; 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&rsquo;s only pediatric kidney and liver transplant program.</p>',
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		'title' => 'Singapore: A fertile ground for Edtech ',
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		'description' => 'Globally, education technology (Edtech) is a rapidly growing sector. According to Precision Report's EdTech Market Research Report 2024, the global Edtech market size was valued at $115 billion in 2021 and is expected to reach $467 billion by 2027. ',
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		'content' => '<p>Globally, education technology (Edtech) is a rapidly growing sector. According to Precision Report&rsquo;s EdTech Market Research Report 2024, the global Edtech market size was valued at $115 billion in 2021 and is expected to reach $467 billion by 2027.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-2-SG-Education.jpg" alt="" />
<figcaption class="image-caption">Starting them young: Singapore's education system has gained admiration from around the world.</figcaption>
</figure>
<p>Singapore has stood out as one of the most fertile grounds for the sector&rsquo;s growth. The origins of Singapore&rsquo;s thriving Edtech sector can be traced back to 2014, when the country&rsquo;s national government enacted its Smart Nation initiative, which required schools to incorporate innovation and technology in the daily lives of Singaporean families.</p>
<p>According to UNESCO, the challenge for schools was to create meaningful learning experiences that reflected such integration, which meant that highly qualified faculty must constantly be engaged in research and innovation. Otherwise, how can one teach about advancements while experiencing none?</p>
<p>Since the enactment of the Smart Nation initiative, there have been more than 790 Edtech startups launched in Singapore. Today, the government continues to invest heavily in training its future labor pool. <br /><br />Aside from encouraging life-long learning, the city-state&rsquo;s government has also rolled out other initiatives to boost the growth of Edtech in Singapore, like an ICT masterplan, infrastructure upgrades, accelerator programs, increased connectivity in schools, and access to learning resources and opportunities for collaborations for schools and startups.</p>
<p>Those looking to start or invest in an Edtech venture will reap many benefits by betting on Singapore.</p>',
		'is_published' => true,
		'publication_date' => '2024-05-02',
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		'section_summary' => 'Globally, education technology (Edtech) is a rapidly growing sector. According to Precision Report's EdTech Market Research Report 2024, the global Edtech market size was valued at $115 billion in 2021 and is expected to reach $467 billion by 2027. ',
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$imgg = ''
include - APP/View/Featuresite/upcomingfeaturelist.ctp, line 53
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 963
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 108

Notice (8): Undefined index: SpecialFeature [APP/View/Featuresite/upcomingfeaturelist.ctp, line 53]
Code Context
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                            }else{
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			'title' => 'Japan's largest conveyor-belt sushi chain rolls out in the U.S.',
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			'description' => 'Boston's Japanese food scene got more diverse with the opening in April of Sakabayashi Sushi Tavern, a subsidiary of Japan's largest conveyor-belt sushi chain, Sushiro. The restaurant is the first investment of its parent company, Food & Life Co., in the United States. ',
			'credit_id' => '48',
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			'content' => '<p>Boston&rsquo;s Japanese food scene got more diverse with the opening in April of Sakabayashi Sushi Tavern, a subsidiary of Japan&rsquo;s largest conveyor-belt sushi chain, Sushiro. The restaurant is the first investment of its parent company, <strong>Food &amp; Life Co.</strong>, in the United States.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-4-Sushiro.jpg" alt="" />
<figcaption class="image-caption">Food &amp; Life Companies USA President Yosuke Tanaka (Source: LinkedIn/Yosue Tanaka)</figcaption>
</figure>
<p>Sakabayashi retained the original restaurant&rsquo;s <em>izakaya </em>style of dining<em>, </em>wherein patrons can eat and drink in a casual setting. With menu items priced from under $10, the restaurant wants to attract a diverse crowd.</p>
<p>&ldquo;Ensuring affordability while providing an authentic Japanese experience to Americans is paramount. Eighty percent of our menu is recreated from Japan. Our raw ingredients are sourced from our global procurement chain,&rdquo; said <strong>Food &amp; Life Companies USA President Yosuke Tanaka.</strong></p>
<p>Although Sakabayashi Sushi Tavern is Food and Life&rsquo;s first foray in the country, the group has many years of international experience. With operations in eight countries, primarily in Asia, Food &amp; Life aims to generate $1.45 billion in overseas revenue by the end of the fiscal year 2026 by opening more conveyor-belt sushi restaurants in the United States.</p>
<p>&ldquo;Our priority is not limited to deploying our existing brand but also to discovering, developing, and expanding new brands and food-services formats through the reinforcement of our competitive advantages in ingredient development, procurement, and supply chain management,&rdquo; said <strong>Food &amp; Life Ltd. President and CEO Koichi Mizutome.</strong></p>
<p>Mizutome&rsquo;s confidence stems from the growing popularity of Japanese cuisine in the United States. In 2023, revenues of sushi restaurants in America grew by 4.5% and are expected to grow further, according to research firm IBIS World.</p>
<p>In the United States, ramen shops are also growing more popular as various Japanese chains, like Fukuoka and Ramen Santouka, plan to open more outlets across the country.</p>',
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			'title' => 'Impostor Syndrome and The Incomplete Leader',
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			'description' => 'Now that everyone's details, accomplishments, and track record are easily fact-checked and reviewed on the internet, there has been a rise in the number of anxiety-riddled executives. The same tool used for work productivity has also been a source of consternation.',
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			'url' => 'impostor-syndrome-and-the-incomplete-leader',
			'tags' => 'Leadership, Management, Impostor Syndrome',
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			'content' => '<p>The notion that &ldquo;leaders have to be flawless&rdquo; is starting to disappear. Access to unlimited information, a.k.a. the Internet, should have changed this perception ages ago.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-3-SG-Impostor-Syndrome.jpg" alt="" />
<figcaption class="image-caption">The workplace has evolved to become a more forgiving place for its leaders. (Illustration by Lianne Dominguez)</figcaption>
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<p>But now that everyone&rsquo;s details, accomplishments, and track record are easily fact-checked and reviewed on the internet, there has been a rise in the number of anxiety-riddled executives. The same tool used for work productivity has also been a source of consternation.</p>
<p>The pressure to have intellectual and interpersonal superiority is at an all-time high. According to the National Library of Medicine, impostor syndrome (IS) is a behavioral health phenomenon described as self-doubt of intellect, skills, or accomplishments among high-achieving individuals. Yes! The seemingly poised manager could be a fa&ccedil;ade.</p>
<p>Despite the tremendous pressure for perfection, an article in Harvard Business Review offers a solution to ease some caffeine-stimulated corporate minds. The authors, in praise of &ldquo;The Incomplete Leader,&rdquo; recommend embracing imperfections to strengthen one&rsquo;s leadership abilities. It also said that organizations were evolving to become more collaborative than hierarchical.</p>
<p>Decisions should often be made in the context of the open economy, therefore as no senior executive has a monopoly on knowledge. The overarching theme was that: Leaders should determine the right colleague to handle areas of their perceived weaknesses.&nbsp;</p>
<p>In fact, four leadership capabilities are developed during this process: sense-making, relating, visioning, and inventing.</p>
<p>Arguably, many teams have adopted the practice of &ldquo;excellence&rdquo; over &ldquo;perfection&rdquo;. The culture of excellence, while forgiving mistakes and considering personal limitations, does not absolve leaders and team members from giving their best.</p>
<p>Accepting the new demands and realities of a hybrid workplace, especially for leaders, will empower and not overwhelm the incomplete leader.</p>',
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			'title' => 'Brewing success: How leadership catapulted Paradox Brewery to new heights',
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			'description' => 'Paradox Brewery President and founder Paul Mrocka is widely credited for driving the New York-based to new levels of success through strategic planning, data-driven decision-making, and effective international partnerships.',
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			'content' => '<p><strong>Paradox Brewery President and founder Paul Mrocka </strong>is widely credited for driving the New York-based to new levels of success through strategic planning, data-driven decision-making, and effective international partnerships.</p>
<p>According to Mrocka, data isn't just numbers at Paradox Brewery. It's a roadmap to success.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-3-NYNJ-Paradox-Brewery.jpg" alt="" />
<figcaption class="image-caption">Paradox Brewery President and founder Paul Mrocka</figcaption>
</figure>
<p>In an interview with GMI POST, Mrocka emphasized their reliance on Information Resources, Inc. (IRI) data to understand market trends, consumer preferences, and competitor strategies.</p>
<p>&ldquo;We're very competitive in our prices and a data-driven company. We tell stories with this data that we buy. And we use that data to go to the buyer and talk to them about it,&rdquo; he said.</p>
<p>By leveraging IRI&rsquo;s data, Paradox Brewery gains insights that shape its marketing strategies and product development, ensuring it stays ahead in the fiercely competitive craft beer market.</p>
<p>Paradox Brewery isn't afraid to think big either. </p>
<p>&ldquo;You have to put the time in. You have to show up and get face-to-face with these people because there has to be a degree of comfort on both sides of the arrangement to buy beer from the other side of the planet,&rdquo;<strong> Director of Operations Devon Hamilton </strong>said about plans to expand globally.</p>
<p>By nurturing strong relationships with international partners, Paradox Brewery secures distribution channels and builds a global brand presence, Hamilton also said.</p>
<p>For Paradox Brewery, success isn't just about reacting to market trends but about anticipating and shaping them. Through constant planning and adaptation, the company stays at the forefront of innovation, offering a diverse and appealing portfolio to its customers.</p>
<p>&ldquo;We all sit down, talk about what did well last year, what we think we should bring back for next year, what the upcoming trends are, and argue about what our portfolio will be,&rdquo; Hamilton said.</p>
<p>As Paradox Brewery expands both domestically and internationally, the skills and dedication of its leaders will ensure the New York brand remains a beloved brand in the craft beer industry.</p>',
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			'title' => 'What Cambodia's honey industry can teach businesses ',
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			'description' => 'In 2021, Cambodia's government awarded its first geographic indication (GI) label for the wild honey harvested in Mondulkiri Province. The protected GI label, granted to local products with distinctive regional qualities, has elevated the profile of Cambodian honey on the global stage.',
			'credit_id' => '48',
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			'url' => 'what-cambodias-honey-industry-can-teach-businesses',
			'tags' => 'Cambodia, Leadership, Management, Agriculture, Honey',
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			'content' => '<p>Cambodia&rsquo;s honey industry has experienced steady growth in recent years. In 2021, the government awarded its first geographic indication (GI) label for the wild honey harvested in Mondulkiri Province. The protected GI label, granted to local products with distinctive regional qualities, has elevated the profile of Cambodian honey on the global stage.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-3-CAMB-Honey.jpg" alt="" />
<figcaption class="image-caption">Cambodia Honey Association Executive Director Sem Sreytouch</figcaption>
</figure>
<p>Although varieties like Modulkiri money have been harvested in Cambodia for centuries, efforts to streamline and formalize the industry&rsquo;s value chain are relatively recent and spearheaded by the Cambodia Honey Association (CHA), the main advocacy group representing the sector&rsquo;s stakeholders.</p>
<p>In an interview with GMI POST, CHA underscored the necessary steps to invigorate the industry while providing insight into navigating business in an emerging market landscape.&nbsp;</p>
<p><strong>&nbsp;</strong></p>
<p><span style="font-family: helvetica; font-size: 18pt;"><strong>Collaboration over competition </strong></span></p>
<p><strong>&nbsp;</strong></p>
<p><strong>CHA Executive Director Sem Sreytouch </strong>emphasizes the importance of shifting industry stakeholders&rsquo; mindset from competition to collaboration.</p>
<p>&ldquo;One of our main advocacies is to enact a change in mindset among Cambodian honey growers, apiaries, and other stakeholders in the value chain. A united front is required to elevate the overall standards of the Cambodian honey industry&rdquo; she said.</p>
<p><strong>&nbsp;</strong></p>
<p><span style="font-family: helvetica; font-size: 18pt;"><strong>Prioritize capacity building</strong></span></p>
<p><strong>&nbsp;</strong></p>
<p><strong>Peter Batt, Ph.D of Curtin University,</strong> also a fellow of the International Horticultural Congress, stressed the need for education and capacity-building at the grassroots level in emerging markets like Cambodia.</p>
<p>&ldquo;A key aspect of addressing challenges in Cambodia, particularly within the honey industry, was capacity building of smallholder farmers and empowering those farmers with basic and practical skills to help them grasp what it takes to thrive in trade,&rdquo; he said.</p>
<p><strong>&nbsp;</strong></p>
<p><span style="font-size: 1*pt;"><strong><span style="font-family: helvetica;">Explore untapped resources</span> </strong></span></p>
<p>&nbsp;</p>
<p>CHA also highlighted Cambodia's rich geographic diversity as a wellspring of untapped potential for future GI labels, such as honey from the lesser-known Tonle Sap Lake region. <strong>Dr. Try Yong</strong>, a beekeeping expert and an advisor to the Royal Ministry of Agriculture, underscored Cambodia&rsquo;s abundance of untapped honey collection areas in the rest of the country.</p>
<p>&ldquo;Regions like Tone Sap Lake and the western coasts offer promising opportunities. Despite the vast forests from which much of our honey originates, many areas lack GI certification, signaling significant untapped potential and future business opportunities for our kingdom,&rdquo; he said.</p>',
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			'description' => 'Kikkoman Foods Inc. has broken ground for its third manufacturing plant in Jefferson County and an expansion to its existing plant in neighboring Walworth County, Wisconsin. To support this fresh investment, the Wisconsin Economic Development Corp. (WEDC) plans to provide the Japanese soy sauce maker up to $15.5 million in performance-based tax credits.',
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			'url' => 'wisconsin-to-give-multimillion-tax-incentive-to-kikkoman-for-new-expansion',
			'tags' => 'US, Japan, Wisconsin, Economic Development, Food',
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			'content' => '<p>Kikkoman Foods Inc. has broken ground for its third manufacturing plant in Jefferson County and an expansion to its existing plant in neighboring Walworth County, Wisconsin. To support this fresh investment, the <strong>Wisconsin Economic Development Corp. (WEDC)</strong> plans to provide the Japanese soy sauce maker up to $15.5 million in performance-based tax credits.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-3-Kikkoman-Wisconsin.jpg" alt="" />
<figcaption class="image-caption">Wisconsin Economic Development Corporation CEO and Secretary Missy Hughes (Source: Milwaukee Business Journal)</figcaption>
</figure>
<p>Kikkoman&rsquo;s expansion in Wisconsin will inject $800 million into the state&rsquo;s economy and create 83 new jobs over the next decade. The Walworth facility, opened in 1973, is the company&rsquo;s highest-producing soy sauce factory globally.</p>
<p>Meanwhile, the plant in Jefferson City is scheduled to start operations in 2026 and will focus on soy sauce-related products, like teriyaki sauce. Aside from enhancing efficiency and scalability, the facility will bolster Kikkoman&rsquo;s sustainability efforts by using renewable energy sources and equipment with lower CO2 emissions.</p>
<p><strong>WEDC Secretary and CEO Missy Hughes</strong> welcomed the announcement: &ldquo;Fifty years ago, Kikkoman made history by choosing Walworth, Wisconsin for its first international brewing plant. Now, by expanding its presence in Jefferson, Kikkoman is opening a new chapter in its history.&rdquo;</p>
<p><strong>Jefferson City Mayor Dale Oppermann</strong> expressed appreciation for Kikkoman&rsquo;s continued trust in the region: &ldquo;Kikkoman&rsquo;s decision to invest in Jefferson underscores the strength and appeal of our local food and beverage niche. We look forward to a long, prosperous partnership.&rdquo;</p>
<p>Meanwhile, <strong>Kikkoman Chair and honorary CEO Yuzauro Mogi </strong>said the company&rsquo;s choice of Wisconsin was rooted in several factors, among them its location, which provided convenient market access, as well as its skilled workforce, easy availability of raw materials, an abundance of clean water, the collaborative spirit of the local community.</p>
<p>&ldquo;We look forward to expanding our footprints in Wisconsin and establishing a supply chain with increased stability in North America,&rdquo; he also said.</p>
<p>Over the past five decades, Kikkoman has transformed rural Wisconsin through partnerships with the local community, donating more than $17 million to charitable organizations.</p>
<p>As one of the first production facilities set up by a Japanese company in the United States, the Walworth plant is seen as a valuable symbol of the close business and cultural partnership between the two countries.</p>
<p>&ldquo;Whether it&rsquo;s providing thousands of jobs, bolstering our economy or providing us and the world with phenomenal soy sauce, Kikkoman is doing good work across Wisconsin and the country. I am grateful for their continued partnership and expansion in Wisconsin,&rdquo; said <strong>Gov. Tony Evers</strong>.</p>',
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			'section_summary' => 'Kikkoman Foods Inc. has broken ground for its third manufacturing plant in Jefferson County and an expansion to its existing plant in neighboring Walworth County, Wisconsin. To support this fresh investment, the Wisconsin Economic Development Corp. (WEDC) plans to provide the Japanese soy sauce maker up to $15.5 million in performance-based tax credits.',
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			'id' => '545693',
			'title' => 'New York wants more Japanese chipmakers in the state',
			'description_old' => null,
			'description' => 'Empire State Development (ESD), the umbrella organization for New York's two main economic development corporations, wants more Japanese chip industry suppliers to open operations in the state to support the upcoming manufacturing facilities of Micron Technology, the world's fourth-largest semiconductor company.',
			'credit_id' => '48',
			'image' => null,
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			'url' => 'new-york-wants-more-japanese-chipmakers-in-the-state',
			'tags' => 'US, Japan, New York, Economic Development, IT',
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			'content' => '<p><strong>Empire State Development (ESD)</strong>, the umbrella organization for New York's two main economic development corporations, wants more Japanese chip industry suppliers to open operations in the state to support the upcoming manufacturing facilities of Micron Technology, the world&rsquo;s fourth-largest semiconductor company.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-3-Micron-NY.jpg" alt="" />
<figcaption class="image-caption">Empire State Development President Hope Knight (Source: Empire State Development)</figcaption>
</figure>
<p>&ldquo;Last year, we were able to attract Micron to central New York. With the large investment that Micron is making, $100 billion, we know that we have to build an ecosystem to support that activity. That's why we're here on this mission: to talk to Japanese firms, some of Micron's suppliers, to come and locate in New York,&rdquo; <strong>ESD President Hope Knight</strong> told Nikkei Asia.</p>
<p>While Knight did not name the companies she spoke to during her visit to Japan, she mentioned that some were &ldquo;very excited about the possibility&rdquo; of investing in the state.</p>
<p>Micron, the only memory and storage manufacturer in the United States, has announced plans to build a $100 billion &ldquo;mega fab,&rdquo; which will employ more than 9,000 people, near Syracuse in upstate New York.</p>
<p>Even before the CHIPS and Science Act became federal law in 2022, New York had unveiled its $10 billion program, called Green CHIPS, which offered tax incentives to chip manufacturers. Participants of Green CHIPS can benefit from zero corporate income tax rates and receive tax credits based on their capital spending and research and development expenditures.</p>
<p>&ldquo;We customize a package for you,&rdquo; said Knight, who emphasized that incentives are tailored based on various factors, like the number of jobs created and size of investment.</p>
<p>The ESD president highlighted the importance of bringing back chip manufacturing to the United States, citing national security concerns and geopolitical trends, and underscored New York's manufacturing legacy and its readiness to revive its manufacturing sector.</p>
<p>New York has prioritized chip manufacturing as a key industry for economic growth. Apart from IBM, 75 other semiconductor-related companies have made new investments in the state. And since the introduction of Green CHIPS, total investments have reached $112 billion.</p>
<p>On concerns surrounding the high cost of living and labor costs associated with New York City, Knight said that cities in upstate New York, such as Albany, Syracuse, Rochester and Buffalo, offer affordability and have cheaper sources of clean power.</p>
<p>As head of ESD, Knight works closely with Gov. Kathy Hochul in developing the state economy through various measures like financing, subsidies, and tax breaks. As of 2022, ESD has been involved in at least 190 projects.</p>',
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			'id' => '545694',
			'title' => 'Toyota unveils $1.4 billion investment in Indiana to make more electric vehicles',
			'description_old' => null,
			'description' => 'Toyota, the world's largest automaker, has announced a $1.4 billion expansion of its factory in the U.S. state of Indiana to produce electric vehicles (EVs) starting in 2026. With the new expansion, Toyota Motor Manufacturing Indiana will become the company's second EV production facility in the United States.',
			'credit_id' => '48',
			'image' => null,
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			'url' => 'toyota-unveils-14-billion-investment-in-indiana-to-make-more-electric-vehicles',
			'tags' => 'US, Japan, Indiana, Electric Vehicles',
			'is_rss' => false,
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			'content' => '<p>Toyota, the world&rsquo;s largest automaker, has announced a $1.4 billion expansion of its factory in the U.S. state of Indiana to produce electric vehicles (EVs) starting in 2026. With the new expansion, Toyota Motor Manufacturing Indiana will become the company&rsquo;s second EV production facility in the United States.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-3-Toyota-EVs.jpg" alt="" />
<figcaption class="image-caption">Toyota Motor Manufacturing Indiana President Tim Hollander (Source: PR Newswire)</figcaption>
</figure>
<p>According to Nikkei Asia, the investment will create 340 new high-quality jobs and increase the company&rsquo;s total number of employees in Indiana to around 8,000. The expansion also raises</p>
<p>Toyota&rsquo;s total investment in the state to $8 billion, Green Car Congress reported. <br /><br />Toyota&rsquo;s decision to increase EV production comes amid a surge in demand for its hybrid models, said CBT News.</p>
<p>In April, Toyota reported record annual sales for the fiscal year ending in March, surpassing the 10 million-unit mark for the first time. Its hybrid models have played a major role in growing the company&rsquo;s market share over the past year.</p>
<p>Toyota&rsquo;s only other EV factory in the United States is in Kentucky. The facility Georgetown is due to begin operations next year.</p>
<p>"Since 2021, Toyota has announced new investments totaling $18.6 billion into its U.S. manufacturing operations to support electrification efforts," the company said.</p>',
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		'Articles' => array(
			'id' => '545689',
			'title' => 'Singapore: A fertile ground for Edtech ',
			'description_old' => null,
			'description' => 'Globally, education technology (Edtech) is a rapidly growing sector. According to Precision Report's EdTech Market Research Report 2024, the global Edtech market size was valued at $115 billion in 2021 and is expected to reach $467 billion by 2027. ',
			'credit_id' => '48',
			'image' => null,
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			'url' => 'singapore-a-fertile-ground-for-edtech',
			'tags' => 'Japan, Singapore, Education',
			'is_rss' => false,
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			'content_old' => null,
			'content' => '<p>Globally, education technology (Edtech) is a rapidly growing sector. According to Precision Report&rsquo;s EdTech Market Research Report 2024, the global Edtech market size was valued at $115 billion in 2021 and is expected to reach $467 billion by 2027.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-2-SG-Education.jpg" alt="" />
<figcaption class="image-caption">Starting them young: Singapore's education system has gained admiration from around the world.</figcaption>
</figure>
<p>Singapore has stood out as one of the most fertile grounds for the sector&rsquo;s growth. The origins of Singapore&rsquo;s thriving Edtech sector can be traced back to 2014, when the country&rsquo;s national government enacted its Smart Nation initiative, which required schools to incorporate innovation and technology in the daily lives of Singaporean families.</p>
<p>According to UNESCO, the challenge for schools was to create meaningful learning experiences that reflected such integration, which meant that highly qualified faculty must constantly be engaged in research and innovation. Otherwise, how can one teach about advancements while experiencing none?</p>
<p>Since the enactment of the Smart Nation initiative, there have been more than 790 Edtech startups launched in Singapore. Today, the government continues to invest heavily in training its future labor pool. <br /><br />Aside from encouraging life-long learning, the city-state&rsquo;s government has also rolled out other initiatives to boost the growth of Edtech in Singapore, like an ICT masterplan, infrastructure upgrades, accelerator programs, increased connectivity in schools, and access to learning resources and opportunities for collaborations for schools and startups.</p>
<p>Those looking to start or invest in an Edtech venture will reap many benefits by betting on Singapore.</p>',
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			'id' => '545690',
			'title' => 'Columbia University seeks closer partnerships with Japan ',
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			'description' => 'The Japan Study Student Association at Columbia University's School of International and Public Affairs organized a visit to Japan in March to allow some of its members to learn more about the country's government, people, culture, and food.',
			'credit_id' => '48',
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			'url' => 'columbia-university-seeks-closer-partnerships-with-japan',
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			'content' => '<p>The Japan Study Student Association at <strong>Columbia University&rsquo;s School of International and Public Affairs </strong>organized a visit to Japan in March to allow some of its members to learn more about the country&rsquo;s government, people, culture, and food.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-2-NYNJ-JASSA-Education.jpg" alt="" />
<figcaption class="image-caption">JASSA representatives during their Japan trip</figcaption>
</figure>
<p>&ldquo;The Japan trip was a phenomenal opportunity not only from a career development perspective but also from a personal development perspective,&rdquo; JASSA Representative Daniel Alvarez said in an article posted on SIPA&rsquo;s website.</p>
<p>&ldquo;Speaking with top politicians, participating in cultural ceremonies, learning about critical events in Japan&rsquo;s history, experiencing the excellent cuisine, and enjoying the nightlife with new friends made for a very well-rounded trip and once-in-a-lifetime experience,&rdquo; Alvarez added.</p>
<p>For SIPA students who want to join future Japan trips, Alvarez encouraged fellow members to attend upcoming JASSA events so they can express their interest to the organizers. The trip was just one of many events of SIPA to bolster U.S.-Japan cooperation.</p>
<p>In June 2023<strong>, SIPA Dean Keren Yarhi-Milo</strong> visited the University of Tokyo's Graduate School of Public Policy, a fellow member of the Global Public Policy Network, where she held pivotal discussions to enhance cross-cultural exchange. <br /><br />In interviews with local media, including Nikkei Asia and TV Tokyo, Yarhi-Milo highlighted SIPA's commitment to integrating Japanese perspectives within its academic community.</p>
<p>&ldquo;We want our students and our faculty to be involved and engaged with Japan,&rdquo; said Yarhi-Milo as she recognized the country&rsquo;s significant economic and strategic influence in East Asia.</p>',
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	(int) 9 => array(
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			'id' => '545691',
			'title' => '3 reasons Japan-Cambodia education partnerships are thriving',
			'description_old' => null,
			'description' => 'As Cambodia and Japan commemorate 70 years of diplomatic relations, the two nations look forward to a new era in their partnership as they seek fresh fields of collaboration. More and more Japanese recognize Cambodia's untapped potential and hope to play a role in the development of its population.',
			'credit_id' => '48',
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			'url' => '3-reasons-japan-cambodia-education-partnerships-are-thriving',
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			'content' => '<p>As Cambodia and Japan commemorate 70 years of diplomatic relations, the two nations look forward to a new era in their partnership as they seek fresh fields of collaboration. More and more Japanese recognize Cambodia&rsquo;s untapped potential and hope to play a role in the development of its population.</p>
<p>For instance, the increased prominence of the <strong>Institute of Technology of Cambodia </strong>among the expatriate population reveals three key reasons Cambodia&rsquo;s educational landscape has attracted the attention of the Japanese community.</p>
<p>&nbsp;</p>
<p><span style="font-family: helvetica; font-size: 16pt;"><strong>The population is young, growing and mobile</strong></span></p>
<p>&nbsp;</p>
<p>CiteSeerX reports that nearly 70% of Cambodians are 29-years old and younger. <br /><br />&ldquo;Among Cambodia&rsquo;s younger generation, the literacy rate is reported to be quite high because of increasing opportunities for education. The gender gap among young adults is not so substantial, although some age group differences exist,&rdquo; Japan International Cooperation Agency said in its 2023 Country Study.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-2-CAMB-Japan-Education.jpg" alt="" />
<figcaption class="image-caption">Institute of Technology of Cambodia Rector Dr. Po Kimtho (left) and Kanazawa University President Takashi Wada (right)</figcaption>
</figure>
<p>&ldquo;This implies that very well-targeted literacy education by age, sex, geography, time of the class, and contents of the class will likely bring about significant domestic and foreign partnerships in Cambodia&rsquo;s education sector,&rdquo; the study added.An example of such a partnership is that between ITC and Panasonic Cambodia. ITC is one of only two institutions in the kingdom to receive scholarships from Panasonic Cambodia, the local subsidiary of Japanese tech giant Panasonic Group. Panasonic Cambodia Country Head Yosunoby Matsumoto said the initiative will be a means to &ldquo;maximize workforce potential, fostering growth, and nurturing the next generation of leaders.&rdquo;</p>
<p>According to Matsumoto, Panasonic Cambodia recognizes the talented local science and technology students and continues to invest in their capacity building to develop the next generation of technology business leaders that will allow them to participate in a global economy.</p>
<p><strong>&nbsp;</strong></p>
<p><span style="font-size: 16pt;"><strong><span style="font-family: helvetica;">It is open to international collaboration</span> </strong></span></p>
<p>&nbsp;</p>
<p>Cambodia is home to more than 128 higher education institutions, at least 45 of which (including ITC) have active international partnerships with universities and organizations abroad. ITC&rsquo;s outreach activities have helped position itself as an ideal partner for Japanese ventures.</p>
<p>Last year, the deputy director of ITC, along with six other academic delegates, visited the Tokyo Institute of Technology (Tokyo Tech), to partake in the training course &ldquo;Project for Strengthening Engineering Education and Research for Industrial Development in Cambodia,&rdquo; organized by JICA.</p>
<p>Subsequently, JICA formalized an agreement with ITC to strengthen engineering education and research in industrial development in Cambodia</p>
<p>&nbsp;</p>
<p><span style="font-family: helvetica; font-size: 16pt;"><strong>A growing vocationally and technically proficient workforce</strong></span></p>
<p>&nbsp;</p>
<p>&ldquo;Strengthening technical and vocational training is pivotal to attracting Japanese investment in Cambodia,&rdquo; said Labor and Vocational Training Minister Heng Sour, who urged JICA to persist in developing human resources in these domains, a statement that JICA President Sanui Kazumasa agreed with.</p>
<p>ITC, a partner of JICA, produces approximately 3,700 undergraduate and graduate students specializing in science, technology, and engineering.</p>',
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			'title' => 'Japan's JERA and Inpex to invest in separate U.S. ammonia projects',
			'description_old' => null,
			'description' => 'To bolster Japan's clean energy initiatives, two major Japanese energy companies, JERA and Inpex, are preparing to invest in separate projects in the United States that will produce ammonia for clean-burning power generation in Japan, Nikkei Asia reports. ',
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			'url' => 'japans-jera-and-inpex-to-invest-in-separate-us-ammonia-projects',
			'tags' => 'US, Japan, Investment, Green Energy',
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			'content' => '<p>To bolster Japan's clean energy initiatives, two major Japanese energy companies,<strong> JERA</strong> and <strong>Inpex</strong>, are preparing to invest in separate projects in the United States that will produce ammonia for clean-burning power generation in Japan, Nikkei Asia reports.</p>
<figure class="image-container floated-right" style="float: right;"><img class="align-right" src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-2-JERA-and-Inpex.jpg" alt="" />
<figcaption class="image-caption">Inpex President Takayuki Ueda</figcaption>
</figure>
<p><strong>JERA Global CEO and Chair Yukio Kani </strong>and<strong> Inpex President Takayuki Ueda</strong> confirmed the investments with local U.S. media at the CERAWeek 2024 energy industry conference held in Houston, Texas.</p>
<p>JERA, a joint venture between Tokyo Electric Power and Chubu Electric Power, announced its partnership with Oklahoma-based green energy company, Greenfield Energy. Together, they will build a facility in Louisiana to produce green ammonia using renewable energy sources.</p>
<p>Kani also confirmed to media that JERA will hire more people at its U.S. arm, aiming to expand the workforce by 30% after a year to around 250 employees.</p>
<p>On the other hand, Inpex, a leading oil and gas exploration and production company, is exploring opportunities in Texas to establish its own ammonia production facility.</p>
<p>According to Nikkei Asia, Inpex plans to produce 1.1 million tons of ammonia annually in Houston by 2027.</p>
<p>The investments by JERA and Inpex mark significant milestones in Japan's quest for cleaner energy alternatives.</p>',
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			'content' => '<p>To promote Japanese contribution to the United States&rsquo; investment landscape, <strong>Prime Minister Fumio Kishida</strong> visited North Carolina in April to tour the site of Toyota Motor Corp.&rsquo;s electric and hybrid battery plant in the city of Greensboro.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-2-Kishida-Visit-to-NC.jpg" alt="" />
<figcaption class="image-caption">Japanese Prime Minister Fumio Kishida (center) visits Toyota's EV battery plant being built in North Carolina. (Photo source: Nikkei Asia)</figcaption>
</figure>
<p>Kishida&rsquo;s visit marked a historic moment in U.S.-Japan relations because it was the first time since 1891 that a foreign head of state visited the governor&rsquo;s mansion and the first time in a decade that a Japanese prime minister visited the state.</p>
<p>&ldquo;I am honored to be here in North Carolina to showcase the multilayered and strong ties between the United States and Japan,&rdquo; Kishida told guests at the luncheon at the state governor&rsquo;s mansion. He also lauded North Carolina for being a state &ldquo;at the forefront of the times.&rdquo;</p>
<p>Japan remains North Carolina&rsquo;s largest foreign direct investor, employing over 30,000 people in over 200 Japanese companies.</p>
<p>According to the Environmental Defense Fund, North Carolina leads all U.S. states in electric vehicle (EV) investment, attracting over $19 billion in the past year. This is attributed to its world-class infrastructure, skilled workforce, and favorable local policies.</p>
<p>Capitalizing on that environment, Japanese automakers have expanded their EV production capacity in the state. Toyota invested an additional $8 billion in its Greensboro battery plant, raising its total capital investment to around $14 billion and generating more than 5,000 new jobs.</p>
<p>Chiaki Takagi, a Japanese studies lecturer at the University of North Carolina Greensboro, highlighted the significance of Kishida&rsquo;s visit: &ldquo;This whole thing will provide the area with opportunities to be engaged in very active cultural exchange between Japan and the U.S.&rdquo;</p>',
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			'title' => 'Renowned U.S. chip designer wants to end Nvidia's global dominance',
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			'description' => 'Tenstorrent CEO Jim Keller, who worked for Intel, AMD and Tesla, said in an interview with Nikkei Asia that he wants to lower the price of AI applications by designing chips that are more efficient than Nvidia's and, in the process, end the American giant's global market dominance.',
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			'content' => '<p><strong>Tenstorrent CEO Jim Keller</strong>, who worked for Intel, AMD and Tesla, said in an interview with Nikkei Asia that he wants to lower the price of AI applications by designing chips that are more efficient than Nvidia's and, in the process, end the American giant&rsquo;s global market dominance.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-13-Tenstorrent.jpg" alt="" />
<figcaption class="image-caption">Tenstorrent CEO Jim Keller (Photo source: Tenstorrent)</figcaption>
</figure>
<p>Headquartered in Toronto, Tenstorrent has offices in Austin, Texas and Santa Clara, California, as well as in Belgrade, Tokyo, Bangalore, and Seoul. The company claims to be developing AI processors that perform as efficiently as Nvidia's AI GPUs but at a lower cost.</p>
<p>At present, Nvidia is the global market leader when it comes to AI chips. Its AI accelerators command between 70% and 95% of the global market share, according to CNBC.</p>
<p>Keller also said in the interview that Tenstorrent hopes to sell its second-generation multipurpose AI chip by the end of this year.</p>
<p>According to Keller, Tenstorrent can achieve its objective because it does not use high-bandwidth memory (HBM), a popular type of advanced memory chip capable of transferring large amounts of data quickly. HBM is a vital component for generative AI chips and has played a significant role in the success of Nvidia's offerings.</p>
<p>But Keller pointed out that HBM was also one of the culprits behind the massive energy consumption and high prices of AI chips.</p>
<p>"Even the people that use HBM struggle with the cost of it, [and] the design time to build it,&rdquo; 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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			'title' => 'ITOCHU to take part in Taiwan's smart city project ',
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			'description' => 'Tokyo-based trading giant ITOCHU secured a contract to develop and test AI systems that will help run the transportation network and energy infrastructure of a future smart city project in southern Taiwan, according to a company press release.',
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			'content' => '<p>Tokyo-based trading giant <strong>ITOCHU</strong> secured a contract to develop and test AI systems that will help run the transportation network and energy infrastructure of a future smart city project in southern Taiwan, according to a company press release.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-13-ITOCHU-Taiwan.jpg" alt="" />
<figcaption class="image-caption">ITOCHU plans to roll out AI-powered buses for Taiwan's new smart city project in Tainan. (Photo source: Nikkei Asia)</figcaption>
</figure>
<p>ITOCHU outbid other parties interested in the Integrated Development Project for Shalun Smart Green Energy Science City located in Tainan. The early-stage contract, according to Nikkei Asia, is worth around $332,000 (10.8 million New Taiwan dollars).</p>
<p>According to ITOCHU, the goal is to test its AI systems on a trial basis by the end of October. This is the first time the trading house has officially participated in an overseas smart city project.</p>
<p>The Taiwanese government also announced plans to earmark an additional $306.9 million (or 10 billion NTD) to develop the country&rsquo;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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			'title' => 'Melexis opens its largest wafer testing site in Malaysia',
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			'description' => 'Belgium-based supplier of semiconductor solutions Melexis has opened its largest wafer testing site worldwide in Kuching in the Malaysian state of Sarawak to strengthen its presence in Asia-Pacific and meet the rising demand for semiconductors around the world, according to a company announcement.',
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			'content' => '<p>Belgium-based supplier of semiconductor solutions <strong>Melexis</strong> has opened its largest wafer testing site worldwide in Kuching in the Malaysian state of Sarawak to strengthen its presence in Asia-Pacific and meet the rising demand for semiconductors around the world, according to a company announcement.</p>
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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>
</figure>
<p>Wafer testing is part of the manufacturing process wherein all individual integrated circuits are checked for functional defects through special test patterns.</p>
<p>According to Melexis, its expansion in Malaysia is a strategic move to streamline logistics and reduce its ecological footprint. Additionally, it selected Kuching because of its diverse, multilingual, entrepreneurial and highly skilled workforce.</p>
<p><strong>Melexis CEO Marc Biron </strong>said, &ldquo;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.&rdquo;</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&rsquo;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>&ldquo;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,&rdquo; <strong>Sarawak&rsquo;s Ministry of International Trade, Industry and Investment </strong>said in a statement<strong>.</strong></p>
<p>&ldquo;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,&rdquo; the statement also said.</p>',
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			'id' => '545753',
			'title' => 'ITOCHU invests in U.S. hydrogen aircraft engine maker ZeroAvia',
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			'description' => 'Japanese trading giant ITOCHU announced this month it had invested in ZeroAvia, a British-American maker of hydrogen-electric engines for aircraft, according to a company statement.',
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			'content' => '<p>Japanese trading giant <strong>ITOCHU</strong> announced this month it had invested in <strong>ZeroAvia</strong>, a British-American maker of hydrogen-electric engines for aircraft, according to a company statement.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-13-Itochu-ZeroAvia.jpg" alt="" />
<figcaption class="image-caption">An aircraft powered by ZeroAvia's hydrogen-electric engines (Photo source: ZeroAvia)</figcaption>
</figure>
<p>Founded in 2018, ZeroAvia describes itself as &ldquo;a team of passionate innovators dedicated to bringing safe, zero-emission flight to aviation.&rdquo; The company claims its hydrogen-electric propulsion systems are &ldquo;the most environmentally friendly and economically attractive solution to aviation&rsquo;s growing climate change impact.&rdquo;</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&rsquo;s long-term goal of helping save the planet by decarbonizing the aviation industry.</p>',
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			'description' => 'For the third time in the last five years, Virginia was ranked America's Top State for Business in 2024 by CNBC, which cited the state for having the best public schools in the country. It grabbed the top spot in 2007, 2009, 2011, 2019, and 2021.',
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			'content' => '<p>For the third time in the last five years,<strong> Virginia</strong> was ranked America&rsquo;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>
</figure>
<p>&ldquo;Congratulations to Virginia on being named America&rsquo;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,&rdquo; 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&rsquo;s 10 categories this year, &ldquo;a rare feat,&rdquo; 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&rsquo;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&rsquo;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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			'description' => 'The U.S. subsidiary of Japanese group FANUC, one of the world's largest makers of industrial robots, has opened a $110 million facility in Michigan to store, sell and maintain made-in-Japan industrial robots for North American customers, according to a statement from FANUC America.',
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			'content' => '<p>The U.S. subsidiary of Japanese group <strong>FANUC</strong>, one of the world&rsquo;s largest makers of industrial robots, has opened a $110 million facility in Michigan to store, sell and maintain made-in-Japan industrial robots for North American customers, according to a statement from FANUC America.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-13-FANUC.jpg" alt="" />
<figcaption class="image-caption">Michigan Gov. Gretchen Whitmer (center) with senior officers of FANUC America at its West Campus. (Photo source: FANUC America)</figcaption>
</figure>
<p>The new 650,000-square-foot facility was inaugurated on July 10 and is located in FANUC America&rsquo;s West Campus in Auburn Hills, Michigan. The expansion increases the company&rsquo;s footprint in Michigan to over 2 million square feet and is part of FANUC America&rsquo;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,&rdquo; <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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			'description' => 'K Health, a leading AI-driven primary care company that provides 24/7 virtual primary care solutions through its mobile app, announced this month that it had raised $50 million in funding led by Claure Group with participation from investors, including Pablo Legorreta (founder and CEO of Royalty Pharma) and Mangrove Capital Partners, Valor Equity Partners, and Atreides Management.',
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			'content' => '<p><strong>K Health</strong>, a leading AI-driven primary care company that provides 24/7 virtual primary care solutions through its mobile app, announced this month that it had raised $50 million in funding led by Claure Group with participation from investors, including Pablo Legorreta (founder and CEO of Royalty Pharma) and Mangrove Capital Partners, Valor Equity Partners, and Atreides Management.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-12-NYNJ-K-Health-Alan-Bloch.jpg" alt="" />
<figcaption class="image-caption">K Health founder and CEO Allon Bloch (Photo source: K Health)</figcaption>
</figure>
<p>K Health said in the same statement that it had been developing its own AI technology for more than seven years. Today, it can provide 24/7 virtual primary care solutions to millions of people in the United States.</p>
<p>The K Health platform includes clinical-grade medical chat and AI predictive models based on large datasets to help physicians optimize diagnosis and treatment and focus on patient care.</p>
<p>Instead of doctors taking patients through lengthy procedures and manually piecing together their medical history from electronic medical records, K Health allows healthcare providers to engage more quickly and closely with patients by giving them a complete medical chart with patient insights straight from the app.</p>
<p>According to K Health, this new model of care delivery achieves dramatically higher quality of care at lower costs compared to traditional primary care.</p>
<p>&ldquo;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,&rdquo; explained<strong> K Health founder and CEO Allon Bloch.</strong></p>
<p>&ldquo;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,&rdquo; 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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			'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>&ldquo;Shim&rsquo;s visit will further contribute to the promotion of trade relations between Cambodia and Canada,&rdquo; 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&rsquo;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>
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<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>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&rsquo;s only pediatric kidney and liver transplant program.</p>',
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		'description' => 'The Japan Study Student Association at Columbia University's School of International and Public Affairs organized a visit to Japan in March to allow some of its members to learn more about the country's government, people, culture, and food.',
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		'content' => '<p>The Japan Study Student Association at <strong>Columbia University&rsquo;s School of International and Public Affairs </strong>organized a visit to Japan in March to allow some of its members to learn more about the country&rsquo;s government, people, culture, and food.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-2-NYNJ-JASSA-Education.jpg" alt="" />
<figcaption class="image-caption">JASSA representatives during their Japan trip</figcaption>
</figure>
<p>&ldquo;The Japan trip was a phenomenal opportunity not only from a career development perspective but also from a personal development perspective,&rdquo; JASSA Representative Daniel Alvarez said in an article posted on SIPA&rsquo;s website.</p>
<p>&ldquo;Speaking with top politicians, participating in cultural ceremonies, learning about critical events in Japan&rsquo;s history, experiencing the excellent cuisine, and enjoying the nightlife with new friends made for a very well-rounded trip and once-in-a-lifetime experience,&rdquo; Alvarez added.</p>
<p>For SIPA students who want to join future Japan trips, Alvarez encouraged fellow members to attend upcoming JASSA events so they can express their interest to the organizers. The trip was just one of many events of SIPA to bolster U.S.-Japan cooperation.</p>
<p>In June 2023<strong>, SIPA Dean Keren Yarhi-Milo</strong> visited the University of Tokyo's Graduate School of Public Policy, a fellow member of the Global Public Policy Network, where she held pivotal discussions to enhance cross-cultural exchange. <br /><br />In interviews with local media, including Nikkei Asia and TV Tokyo, Yarhi-Milo highlighted SIPA's commitment to integrating Japanese perspectives within its academic community.</p>
<p>&ldquo;We want our students and our faculty to be involved and engaged with Japan,&rdquo; said Yarhi-Milo as she recognized the country&rsquo;s significant economic and strategic influence in East Asia.</p>',
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			'description' => 'Boston's Japanese food scene got more diverse with the opening in April of Sakabayashi Sushi Tavern, a subsidiary of Japan's largest conveyor-belt sushi chain, Sushiro. The restaurant is the first investment of its parent company, Food & Life Co., in the United States. ',
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			'content' => '<p>Boston&rsquo;s Japanese food scene got more diverse with the opening in April of Sakabayashi Sushi Tavern, a subsidiary of Japan&rsquo;s largest conveyor-belt sushi chain, Sushiro. The restaurant is the first investment of its parent company, <strong>Food &amp; Life Co.</strong>, in the United States.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-4-Sushiro.jpg" alt="" />
<figcaption class="image-caption">Food &amp; Life Companies USA President Yosuke Tanaka (Source: LinkedIn/Yosue Tanaka)</figcaption>
</figure>
<p>Sakabayashi retained the original restaurant&rsquo;s <em>izakaya </em>style of dining<em>, </em>wherein patrons can eat and drink in a casual setting. With menu items priced from under $10, the restaurant wants to attract a diverse crowd.</p>
<p>&ldquo;Ensuring affordability while providing an authentic Japanese experience to Americans is paramount. Eighty percent of our menu is recreated from Japan. Our raw ingredients are sourced from our global procurement chain,&rdquo; said <strong>Food &amp; Life Companies USA President Yosuke Tanaka.</strong></p>
<p>Although Sakabayashi Sushi Tavern is Food and Life&rsquo;s first foray in the country, the group has many years of international experience. With operations in eight countries, primarily in Asia, Food &amp; Life aims to generate $1.45 billion in overseas revenue by the end of the fiscal year 2026 by opening more conveyor-belt sushi restaurants in the United States.</p>
<p>&ldquo;Our priority is not limited to deploying our existing brand but also to discovering, developing, and expanding new brands and food-services formats through the reinforcement of our competitive advantages in ingredient development, procurement, and supply chain management,&rdquo; said <strong>Food &amp; Life Ltd. President and CEO Koichi Mizutome.</strong></p>
<p>Mizutome&rsquo;s confidence stems from the growing popularity of Japanese cuisine in the United States. In 2023, revenues of sushi restaurants in America grew by 4.5% and are expected to grow further, according to research firm IBIS World.</p>
<p>In the United States, ramen shops are also growing more popular as various Japanese chains, like Fukuoka and Ramen Santouka, plan to open more outlets across the country.</p>',
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			'title' => 'Impostor Syndrome and The Incomplete Leader',
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			'description' => 'Now that everyone's details, accomplishments, and track record are easily fact-checked and reviewed on the internet, there has been a rise in the number of anxiety-riddled executives. The same tool used for work productivity has also been a source of consternation.',
			'credit_id' => '48',
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			'url' => 'impostor-syndrome-and-the-incomplete-leader',
			'tags' => 'Leadership, Management, Impostor Syndrome',
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			'content' => '<p>The notion that &ldquo;leaders have to be flawless&rdquo; is starting to disappear. Access to unlimited information, a.k.a. the Internet, should have changed this perception ages ago.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-3-SG-Impostor-Syndrome.jpg" alt="" />
<figcaption class="image-caption">The workplace has evolved to become a more forgiving place for its leaders. (Illustration by Lianne Dominguez)</figcaption>
</figure>
<p>But now that everyone&rsquo;s details, accomplishments, and track record are easily fact-checked and reviewed on the internet, there has been a rise in the number of anxiety-riddled executives. The same tool used for work productivity has also been a source of consternation.</p>
<p>The pressure to have intellectual and interpersonal superiority is at an all-time high. According to the National Library of Medicine, impostor syndrome (IS) is a behavioral health phenomenon described as self-doubt of intellect, skills, or accomplishments among high-achieving individuals. Yes! The seemingly poised manager could be a fa&ccedil;ade.</p>
<p>Despite the tremendous pressure for perfection, an article in Harvard Business Review offers a solution to ease some caffeine-stimulated corporate minds. The authors, in praise of &ldquo;The Incomplete Leader,&rdquo; recommend embracing imperfections to strengthen one&rsquo;s leadership abilities. It also said that organizations were evolving to become more collaborative than hierarchical.</p>
<p>Decisions should often be made in the context of the open economy, therefore as no senior executive has a monopoly on knowledge. The overarching theme was that: Leaders should determine the right colleague to handle areas of their perceived weaknesses.&nbsp;</p>
<p>In fact, four leadership capabilities are developed during this process: sense-making, relating, visioning, and inventing.</p>
<p>Arguably, many teams have adopted the practice of &ldquo;excellence&rdquo; over &ldquo;perfection&rdquo;. The culture of excellence, while forgiving mistakes and considering personal limitations, does not absolve leaders and team members from giving their best.</p>
<p>Accepting the new demands and realities of a hybrid workplace, especially for leaders, will empower and not overwhelm the incomplete leader.</p>',
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			'title' => 'Brewing success: How leadership catapulted Paradox Brewery to new heights',
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			'description' => 'Paradox Brewery President and founder Paul Mrocka is widely credited for driving the New York-based to new levels of success through strategic planning, data-driven decision-making, and effective international partnerships.',
			'credit_id' => '48',
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			'url' => 'brewing-success-how-leadership-catapulted-paradox-brewery-to-new-heights',
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			'content' => '<p><strong>Paradox Brewery President and founder Paul Mrocka </strong>is widely credited for driving the New York-based to new levels of success through strategic planning, data-driven decision-making, and effective international partnerships.</p>
<p>According to Mrocka, data isn't just numbers at Paradox Brewery. It's a roadmap to success.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-3-NYNJ-Paradox-Brewery.jpg" alt="" />
<figcaption class="image-caption">Paradox Brewery President and founder Paul Mrocka</figcaption>
</figure>
<p>In an interview with GMI POST, Mrocka emphasized their reliance on Information Resources, Inc. (IRI) data to understand market trends, consumer preferences, and competitor strategies.</p>
<p>&ldquo;We're very competitive in our prices and a data-driven company. We tell stories with this data that we buy. And we use that data to go to the buyer and talk to them about it,&rdquo; he said.</p>
<p>By leveraging IRI&rsquo;s data, Paradox Brewery gains insights that shape its marketing strategies and product development, ensuring it stays ahead in the fiercely competitive craft beer market.</p>
<p>Paradox Brewery isn't afraid to think big either. </p>
<p>&ldquo;You have to put the time in. You have to show up and get face-to-face with these people because there has to be a degree of comfort on both sides of the arrangement to buy beer from the other side of the planet,&rdquo;<strong> Director of Operations Devon Hamilton </strong>said about plans to expand globally.</p>
<p>By nurturing strong relationships with international partners, Paradox Brewery secures distribution channels and builds a global brand presence, Hamilton also said.</p>
<p>For Paradox Brewery, success isn't just about reacting to market trends but about anticipating and shaping them. Through constant planning and adaptation, the company stays at the forefront of innovation, offering a diverse and appealing portfolio to its customers.</p>
<p>&ldquo;We all sit down, talk about what did well last year, what we think we should bring back for next year, what the upcoming trends are, and argue about what our portfolio will be,&rdquo; Hamilton said.</p>
<p>As Paradox Brewery expands both domestically and internationally, the skills and dedication of its leaders will ensure the New York brand remains a beloved brand in the craft beer industry.</p>',
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			'title' => 'What Cambodia's honey industry can teach businesses ',
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			'description' => 'In 2021, Cambodia's government awarded its first geographic indication (GI) label for the wild honey harvested in Mondulkiri Province. The protected GI label, granted to local products with distinctive regional qualities, has elevated the profile of Cambodian honey on the global stage.',
			'credit_id' => '48',
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			'url' => 'what-cambodias-honey-industry-can-teach-businesses',
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			'content' => '<p>Cambodia&rsquo;s honey industry has experienced steady growth in recent years. In 2021, the government awarded its first geographic indication (GI) label for the wild honey harvested in Mondulkiri Province. The protected GI label, granted to local products with distinctive regional qualities, has elevated the profile of Cambodian honey on the global stage.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-3-CAMB-Honey.jpg" alt="" />
<figcaption class="image-caption">Cambodia Honey Association Executive Director Sem Sreytouch</figcaption>
</figure>
<p>Although varieties like Modulkiri money have been harvested in Cambodia for centuries, efforts to streamline and formalize the industry&rsquo;s value chain are relatively recent and spearheaded by the Cambodia Honey Association (CHA), the main advocacy group representing the sector&rsquo;s stakeholders.</p>
<p>In an interview with GMI POST, CHA underscored the necessary steps to invigorate the industry while providing insight into navigating business in an emerging market landscape.&nbsp;</p>
<p><strong>&nbsp;</strong></p>
<p><span style="font-family: helvetica; font-size: 18pt;"><strong>Collaboration over competition </strong></span></p>
<p><strong>&nbsp;</strong></p>
<p><strong>CHA Executive Director Sem Sreytouch </strong>emphasizes the importance of shifting industry stakeholders&rsquo; mindset from competition to collaboration.</p>
<p>&ldquo;One of our main advocacies is to enact a change in mindset among Cambodian honey growers, apiaries, and other stakeholders in the value chain. A united front is required to elevate the overall standards of the Cambodian honey industry&rdquo; she said.</p>
<p><strong>&nbsp;</strong></p>
<p><span style="font-family: helvetica; font-size: 18pt;"><strong>Prioritize capacity building</strong></span></p>
<p><strong>&nbsp;</strong></p>
<p><strong>Peter Batt, Ph.D of Curtin University,</strong> also a fellow of the International Horticultural Congress, stressed the need for education and capacity-building at the grassroots level in emerging markets like Cambodia.</p>
<p>&ldquo;A key aspect of addressing challenges in Cambodia, particularly within the honey industry, was capacity building of smallholder farmers and empowering those farmers with basic and practical skills to help them grasp what it takes to thrive in trade,&rdquo; he said.</p>
<p><strong>&nbsp;</strong></p>
<p><span style="font-size: 1*pt;"><strong><span style="font-family: helvetica;">Explore untapped resources</span> </strong></span></p>
<p>&nbsp;</p>
<p>CHA also highlighted Cambodia's rich geographic diversity as a wellspring of untapped potential for future GI labels, such as honey from the lesser-known Tonle Sap Lake region. <strong>Dr. Try Yong</strong>, a beekeeping expert and an advisor to the Royal Ministry of Agriculture, underscored Cambodia&rsquo;s abundance of untapped honey collection areas in the rest of the country.</p>
<p>&ldquo;Regions like Tone Sap Lake and the western coasts offer promising opportunities. Despite the vast forests from which much of our honey originates, many areas lack GI certification, signaling significant untapped potential and future business opportunities for our kingdom,&rdquo; he said.</p>',
			'is_published' => true,
			'publication_date' => '2024-05-09',
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			'section_summary' => 'In 2021, Cambodia's government awarded its first geographic indication (GI) label for the wild honey harvested in Mondulkiri Province. The protected GI label, granted to local products with distinctive regional qualities, has elevated the profile of Cambodian honey on the global stage.',
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			'id' => '545692',
			'title' => 'Wisconsin to give multimillion tax incentive to Kikkoman for new expansion',
			'description_old' => null,
			'description' => 'Kikkoman Foods Inc. has broken ground for its third manufacturing plant in Jefferson County and an expansion to its existing plant in neighboring Walworth County, Wisconsin. To support this fresh investment, the Wisconsin Economic Development Corp. (WEDC) plans to provide the Japanese soy sauce maker up to $15.5 million in performance-based tax credits.',
			'credit_id' => '48',
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			'url' => 'wisconsin-to-give-multimillion-tax-incentive-to-kikkoman-for-new-expansion',
			'tags' => 'US, Japan, Wisconsin, Economic Development, Food',
			'is_rss' => false,
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			'content' => '<p>Kikkoman Foods Inc. has broken ground for its third manufacturing plant in Jefferson County and an expansion to its existing plant in neighboring Walworth County, Wisconsin. To support this fresh investment, the <strong>Wisconsin Economic Development Corp. (WEDC)</strong> plans to provide the Japanese soy sauce maker up to $15.5 million in performance-based tax credits.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-3-Kikkoman-Wisconsin.jpg" alt="" />
<figcaption class="image-caption">Wisconsin Economic Development Corporation CEO and Secretary Missy Hughes (Source: Milwaukee Business Journal)</figcaption>
</figure>
<p>Kikkoman&rsquo;s expansion in Wisconsin will inject $800 million into the state&rsquo;s economy and create 83 new jobs over the next decade. The Walworth facility, opened in 1973, is the company&rsquo;s highest-producing soy sauce factory globally.</p>
<p>Meanwhile, the plant in Jefferson City is scheduled to start operations in 2026 and will focus on soy sauce-related products, like teriyaki sauce. Aside from enhancing efficiency and scalability, the facility will bolster Kikkoman&rsquo;s sustainability efforts by using renewable energy sources and equipment with lower CO2 emissions.</p>
<p><strong>WEDC Secretary and CEO Missy Hughes</strong> welcomed the announcement: &ldquo;Fifty years ago, Kikkoman made history by choosing Walworth, Wisconsin for its first international brewing plant. Now, by expanding its presence in Jefferson, Kikkoman is opening a new chapter in its history.&rdquo;</p>
<p><strong>Jefferson City Mayor Dale Oppermann</strong> expressed appreciation for Kikkoman&rsquo;s continued trust in the region: &ldquo;Kikkoman&rsquo;s decision to invest in Jefferson underscores the strength and appeal of our local food and beverage niche. We look forward to a long, prosperous partnership.&rdquo;</p>
<p>Meanwhile, <strong>Kikkoman Chair and honorary CEO Yuzauro Mogi </strong>said the company&rsquo;s choice of Wisconsin was rooted in several factors, among them its location, which provided convenient market access, as well as its skilled workforce, easy availability of raw materials, an abundance of clean water, the collaborative spirit of the local community.</p>
<p>&ldquo;We look forward to expanding our footprints in Wisconsin and establishing a supply chain with increased stability in North America,&rdquo; he also said.</p>
<p>Over the past five decades, Kikkoman has transformed rural Wisconsin through partnerships with the local community, donating more than $17 million to charitable organizations.</p>
<p>As one of the first production facilities set up by a Japanese company in the United States, the Walworth plant is seen as a valuable symbol of the close business and cultural partnership between the two countries.</p>
<p>&ldquo;Whether it&rsquo;s providing thousands of jobs, bolstering our economy or providing us and the world with phenomenal soy sauce, Kikkoman is doing good work across Wisconsin and the country. I am grateful for their continued partnership and expansion in Wisconsin,&rdquo; said <strong>Gov. Tony Evers</strong>.</p>',
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		'Articles' => array(
			'id' => '545693',
			'title' => 'New York wants more Japanese chipmakers in the state',
			'description_old' => null,
			'description' => 'Empire State Development (ESD), the umbrella organization for New York's two main economic development corporations, wants more Japanese chip industry suppliers to open operations in the state to support the upcoming manufacturing facilities of Micron Technology, the world's fourth-largest semiconductor company.',
			'credit_id' => '48',
			'image' => null,
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			'url' => 'new-york-wants-more-japanese-chipmakers-in-the-state',
			'tags' => 'US, Japan, New York, Economic Development, IT',
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			'content' => '<p><strong>Empire State Development (ESD)</strong>, the umbrella organization for New York's two main economic development corporations, wants more Japanese chip industry suppliers to open operations in the state to support the upcoming manufacturing facilities of Micron Technology, the world&rsquo;s fourth-largest semiconductor company.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-3-Micron-NY.jpg" alt="" />
<figcaption class="image-caption">Empire State Development President Hope Knight (Source: Empire State Development)</figcaption>
</figure>
<p>&ldquo;Last year, we were able to attract Micron to central New York. With the large investment that Micron is making, $100 billion, we know that we have to build an ecosystem to support that activity. That's why we're here on this mission: to talk to Japanese firms, some of Micron's suppliers, to come and locate in New York,&rdquo; <strong>ESD President Hope Knight</strong> told Nikkei Asia.</p>
<p>While Knight did not name the companies she spoke to during her visit to Japan, she mentioned that some were &ldquo;very excited about the possibility&rdquo; of investing in the state.</p>
<p>Micron, the only memory and storage manufacturer in the United States, has announced plans to build a $100 billion &ldquo;mega fab,&rdquo; which will employ more than 9,000 people, near Syracuse in upstate New York.</p>
<p>Even before the CHIPS and Science Act became federal law in 2022, New York had unveiled its $10 billion program, called Green CHIPS, which offered tax incentives to chip manufacturers. Participants of Green CHIPS can benefit from zero corporate income tax rates and receive tax credits based on their capital spending and research and development expenditures.</p>
<p>&ldquo;We customize a package for you,&rdquo; said Knight, who emphasized that incentives are tailored based on various factors, like the number of jobs created and size of investment.</p>
<p>The ESD president highlighted the importance of bringing back chip manufacturing to the United States, citing national security concerns and geopolitical trends, and underscored New York's manufacturing legacy and its readiness to revive its manufacturing sector.</p>
<p>New York has prioritized chip manufacturing as a key industry for economic growth. Apart from IBM, 75 other semiconductor-related companies have made new investments in the state. And since the introduction of Green CHIPS, total investments have reached $112 billion.</p>
<p>On concerns surrounding the high cost of living and labor costs associated with New York City, Knight said that cities in upstate New York, such as Albany, Syracuse, Rochester and Buffalo, offer affordability and have cheaper sources of clean power.</p>
<p>As head of ESD, Knight works closely with Gov. Kathy Hochul in developing the state economy through various measures like financing, subsidies, and tax breaks. As of 2022, ESD has been involved in at least 190 projects.</p>',
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			'id' => '545694',
			'title' => 'Toyota unveils $1.4 billion investment in Indiana to make more electric vehicles',
			'description_old' => null,
			'description' => 'Toyota, the world's largest automaker, has announced a $1.4 billion expansion of its factory in the U.S. state of Indiana to produce electric vehicles (EVs) starting in 2026. With the new expansion, Toyota Motor Manufacturing Indiana will become the company's second EV production facility in the United States.',
			'credit_id' => '48',
			'image' => null,
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			'url' => 'toyota-unveils-14-billion-investment-in-indiana-to-make-more-electric-vehicles',
			'tags' => 'US, Japan, Indiana, Electric Vehicles',
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			'content' => '<p>Toyota, the world&rsquo;s largest automaker, has announced a $1.4 billion expansion of its factory in the U.S. state of Indiana to produce electric vehicles (EVs) starting in 2026. With the new expansion, Toyota Motor Manufacturing Indiana will become the company&rsquo;s second EV production facility in the United States.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-3-Toyota-EVs.jpg" alt="" />
<figcaption class="image-caption">Toyota Motor Manufacturing Indiana President Tim Hollander (Source: PR Newswire)</figcaption>
</figure>
<p>According to Nikkei Asia, the investment will create 340 new high-quality jobs and increase the company&rsquo;s total number of employees in Indiana to around 8,000. The expansion also raises</p>
<p>Toyota&rsquo;s total investment in the state to $8 billion, Green Car Congress reported. <br /><br />Toyota&rsquo;s decision to increase EV production comes amid a surge in demand for its hybrid models, said CBT News.</p>
<p>In April, Toyota reported record annual sales for the fiscal year ending in March, surpassing the 10 million-unit mark for the first time. Its hybrid models have played a major role in growing the company&rsquo;s market share over the past year.</p>
<p>Toyota&rsquo;s only other EV factory in the United States is in Kentucky. The facility Georgetown is due to begin operations next year.</p>
<p>"Since 2021, Toyota has announced new investments totaling $18.6 billion into its U.S. manufacturing operations to support electrification efforts," the company said.</p>',
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	(int) 7 => array(
		'Articles' => array(
			'id' => '545689',
			'title' => 'Singapore: A fertile ground for Edtech ',
			'description_old' => null,
			'description' => 'Globally, education technology (Edtech) is a rapidly growing sector. According to Precision Report's EdTech Market Research Report 2024, the global Edtech market size was valued at $115 billion in 2021 and is expected to reach $467 billion by 2027. ',
			'credit_id' => '48',
			'image' => null,
			'image_caption' => null,
			'url' => 'singapore-a-fertile-ground-for-edtech',
			'tags' => 'Japan, Singapore, Education',
			'is_rss' => false,
			'rss_url' => null,
			'content_old' => null,
			'content' => '<p>Globally, education technology (Edtech) is a rapidly growing sector. According to Precision Report&rsquo;s EdTech Market Research Report 2024, the global Edtech market size was valued at $115 billion in 2021 and is expected to reach $467 billion by 2027.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-2-SG-Education.jpg" alt="" />
<figcaption class="image-caption">Starting them young: Singapore's education system has gained admiration from around the world.</figcaption>
</figure>
<p>Singapore has stood out as one of the most fertile grounds for the sector&rsquo;s growth. The origins of Singapore&rsquo;s thriving Edtech sector can be traced back to 2014, when the country&rsquo;s national government enacted its Smart Nation initiative, which required schools to incorporate innovation and technology in the daily lives of Singaporean families.</p>
<p>According to UNESCO, the challenge for schools was to create meaningful learning experiences that reflected such integration, which meant that highly qualified faculty must constantly be engaged in research and innovation. Otherwise, how can one teach about advancements while experiencing none?</p>
<p>Since the enactment of the Smart Nation initiative, there have been more than 790 Edtech startups launched in Singapore. Today, the government continues to invest heavily in training its future labor pool. <br /><br />Aside from encouraging life-long learning, the city-state&rsquo;s government has also rolled out other initiatives to boost the growth of Edtech in Singapore, like an ICT masterplan, infrastructure upgrades, accelerator programs, increased connectivity in schools, and access to learning resources and opportunities for collaborations for schools and startups.</p>
<p>Those looking to start or invest in an Edtech venture will reap many benefits by betting on Singapore.</p>',
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			'id' => '545690',
			'title' => 'Columbia University seeks closer partnerships with Japan ',
			'description_old' => null,
			'description' => 'The Japan Study Student Association at Columbia University's School of International and Public Affairs organized a visit to Japan in March to allow some of its members to learn more about the country's government, people, culture, and food.',
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			'content' => '<p>The Japan Study Student Association at <strong>Columbia University&rsquo;s School of International and Public Affairs </strong>organized a visit to Japan in March to allow some of its members to learn more about the country&rsquo;s government, people, culture, and food.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-2-NYNJ-JASSA-Education.jpg" alt="" />
<figcaption class="image-caption">JASSA representatives during their Japan trip</figcaption>
</figure>
<p>&ldquo;The Japan trip was a phenomenal opportunity not only from a career development perspective but also from a personal development perspective,&rdquo; JASSA Representative Daniel Alvarez said in an article posted on SIPA&rsquo;s website.</p>
<p>&ldquo;Speaking with top politicians, participating in cultural ceremonies, learning about critical events in Japan&rsquo;s history, experiencing the excellent cuisine, and enjoying the nightlife with new friends made for a very well-rounded trip and once-in-a-lifetime experience,&rdquo; Alvarez added.</p>
<p>For SIPA students who want to join future Japan trips, Alvarez encouraged fellow members to attend upcoming JASSA events so they can express their interest to the organizers. The trip was just one of many events of SIPA to bolster U.S.-Japan cooperation.</p>
<p>In June 2023<strong>, SIPA Dean Keren Yarhi-Milo</strong> visited the University of Tokyo's Graduate School of Public Policy, a fellow member of the Global Public Policy Network, where she held pivotal discussions to enhance cross-cultural exchange. <br /><br />In interviews with local media, including Nikkei Asia and TV Tokyo, Yarhi-Milo highlighted SIPA's commitment to integrating Japanese perspectives within its academic community.</p>
<p>&ldquo;We want our students and our faculty to be involved and engaged with Japan,&rdquo; said Yarhi-Milo as she recognized the country&rsquo;s significant economic and strategic influence in East Asia.</p>',
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			'title' => '3 reasons Japan-Cambodia education partnerships are thriving',
			'description_old' => null,
			'description' => 'As Cambodia and Japan commemorate 70 years of diplomatic relations, the two nations look forward to a new era in their partnership as they seek fresh fields of collaboration. More and more Japanese recognize Cambodia's untapped potential and hope to play a role in the development of its population.',
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			'content' => '<p>As Cambodia and Japan commemorate 70 years of diplomatic relations, the two nations look forward to a new era in their partnership as they seek fresh fields of collaboration. More and more Japanese recognize Cambodia&rsquo;s untapped potential and hope to play a role in the development of its population.</p>
<p>For instance, the increased prominence of the <strong>Institute of Technology of Cambodia </strong>among the expatriate population reveals three key reasons Cambodia&rsquo;s educational landscape has attracted the attention of the Japanese community.</p>
<p>&nbsp;</p>
<p><span style="font-family: helvetica; font-size: 16pt;"><strong>The population is young, growing and mobile</strong></span></p>
<p>&nbsp;</p>
<p>CiteSeerX reports that nearly 70% of Cambodians are 29-years old and younger. <br /><br />&ldquo;Among Cambodia&rsquo;s younger generation, the literacy rate is reported to be quite high because of increasing opportunities for education. The gender gap among young adults is not so substantial, although some age group differences exist,&rdquo; Japan International Cooperation Agency said in its 2023 Country Study.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-2-CAMB-Japan-Education.jpg" alt="" />
<figcaption class="image-caption">Institute of Technology of Cambodia Rector Dr. Po Kimtho (left) and Kanazawa University President Takashi Wada (right)</figcaption>
</figure>
<p>&ldquo;This implies that very well-targeted literacy education by age, sex, geography, time of the class, and contents of the class will likely bring about significant domestic and foreign partnerships in Cambodia&rsquo;s education sector,&rdquo; the study added.An example of such a partnership is that between ITC and Panasonic Cambodia. ITC is one of only two institutions in the kingdom to receive scholarships from Panasonic Cambodia, the local subsidiary of Japanese tech giant Panasonic Group. Panasonic Cambodia Country Head Yosunoby Matsumoto said the initiative will be a means to &ldquo;maximize workforce potential, fostering growth, and nurturing the next generation of leaders.&rdquo;</p>
<p>According to Matsumoto, Panasonic Cambodia recognizes the talented local science and technology students and continues to invest in their capacity building to develop the next generation of technology business leaders that will allow them to participate in a global economy.</p>
<p><strong>&nbsp;</strong></p>
<p><span style="font-size: 16pt;"><strong><span style="font-family: helvetica;">It is open to international collaboration</span> </strong></span></p>
<p>&nbsp;</p>
<p>Cambodia is home to more than 128 higher education institutions, at least 45 of which (including ITC) have active international partnerships with universities and organizations abroad. ITC&rsquo;s outreach activities have helped position itself as an ideal partner for Japanese ventures.</p>
<p>Last year, the deputy director of ITC, along with six other academic delegates, visited the Tokyo Institute of Technology (Tokyo Tech), to partake in the training course &ldquo;Project for Strengthening Engineering Education and Research for Industrial Development in Cambodia,&rdquo; organized by JICA.</p>
<p>Subsequently, JICA formalized an agreement with ITC to strengthen engineering education and research in industrial development in Cambodia</p>
<p>&nbsp;</p>
<p><span style="font-family: helvetica; font-size: 16pt;"><strong>A growing vocationally and technically proficient workforce</strong></span></p>
<p>&nbsp;</p>
<p>&ldquo;Strengthening technical and vocational training is pivotal to attracting Japanese investment in Cambodia,&rdquo; said Labor and Vocational Training Minister Heng Sour, who urged JICA to persist in developing human resources in these domains, a statement that JICA President Sanui Kazumasa agreed with.</p>
<p>ITC, a partner of JICA, produces approximately 3,700 undergraduate and graduate students specializing in science, technology, and engineering.</p>',
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			'id' => '545686',
			'title' => 'Japan's JERA and Inpex to invest in separate U.S. ammonia projects',
			'description_old' => null,
			'description' => 'To bolster Japan's clean energy initiatives, two major Japanese energy companies, JERA and Inpex, are preparing to invest in separate projects in the United States that will produce ammonia for clean-burning power generation in Japan, Nikkei Asia reports. ',
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			'url' => 'japans-jera-and-inpex-to-invest-in-separate-us-ammonia-projects',
			'tags' => 'US, Japan, Investment, Green Energy',
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			'content' => '<p>To bolster Japan's clean energy initiatives, two major Japanese energy companies,<strong> JERA</strong> and <strong>Inpex</strong>, are preparing to invest in separate projects in the United States that will produce ammonia for clean-burning power generation in Japan, Nikkei Asia reports.</p>
<figure class="image-container floated-right" style="float: right;"><img class="align-right" src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-2-JERA-and-Inpex.jpg" alt="" />
<figcaption class="image-caption">Inpex President Takayuki Ueda</figcaption>
</figure>
<p><strong>JERA Global CEO and Chair Yukio Kani </strong>and<strong> Inpex President Takayuki Ueda</strong> confirmed the investments with local U.S. media at the CERAWeek 2024 energy industry conference held in Houston, Texas.</p>
<p>JERA, a joint venture between Tokyo Electric Power and Chubu Electric Power, announced its partnership with Oklahoma-based green energy company, Greenfield Energy. Together, they will build a facility in Louisiana to produce green ammonia using renewable energy sources.</p>
<p>Kani also confirmed to media that JERA will hire more people at its U.S. arm, aiming to expand the workforce by 30% after a year to around 250 employees.</p>
<p>On the other hand, Inpex, a leading oil and gas exploration and production company, is exploring opportunities in Texas to establish its own ammonia production facility.</p>
<p>According to Nikkei Asia, Inpex plans to produce 1.1 million tons of ammonia annually in Houston by 2027.</p>
<p>The investments by JERA and Inpex mark significant milestones in Japan's quest for cleaner energy alternatives.</p>',
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			'content' => '<p>To promote Japanese contribution to the United States&rsquo; investment landscape, <strong>Prime Minister Fumio Kishida</strong> visited North Carolina in April to tour the site of Toyota Motor Corp.&rsquo;s electric and hybrid battery plant in the city of Greensboro.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-2-Kishida-Visit-to-NC.jpg" alt="" />
<figcaption class="image-caption">Japanese Prime Minister Fumio Kishida (center) visits Toyota's EV battery plant being built in North Carolina. (Photo source: Nikkei Asia)</figcaption>
</figure>
<p>Kishida&rsquo;s visit marked a historic moment in U.S.-Japan relations because it was the first time since 1891 that a foreign head of state visited the governor&rsquo;s mansion and the first time in a decade that a Japanese prime minister visited the state.</p>
<p>&ldquo;I am honored to be here in North Carolina to showcase the multilayered and strong ties between the United States and Japan,&rdquo; Kishida told guests at the luncheon at the state governor&rsquo;s mansion. He also lauded North Carolina for being a state &ldquo;at the forefront of the times.&rdquo;</p>
<p>Japan remains North Carolina&rsquo;s largest foreign direct investor, employing over 30,000 people in over 200 Japanese companies.</p>
<p>According to the Environmental Defense Fund, North Carolina leads all U.S. states in electric vehicle (EV) investment, attracting over $19 billion in the past year. This is attributed to its world-class infrastructure, skilled workforce, and favorable local policies.</p>
<p>Capitalizing on that environment, Japanese automakers have expanded their EV production capacity in the state. Toyota invested an additional $8 billion in its Greensboro battery plant, raising its total capital investment to around $14 billion and generating more than 5,000 new jobs.</p>
<p>Chiaki Takagi, a Japanese studies lecturer at the University of North Carolina Greensboro, highlighted the significance of Kishida&rsquo;s visit: &ldquo;This whole thing will provide the area with opportunities to be engaged in very active cultural exchange between Japan and the U.S.&rdquo;</p>',
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			'title' => 'Renowned U.S. chip designer wants to end Nvidia's global dominance',
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			'description' => 'Tenstorrent CEO Jim Keller, who worked for Intel, AMD and Tesla, said in an interview with Nikkei Asia that he wants to lower the price of AI applications by designing chips that are more efficient than Nvidia's and, in the process, end the American giant's global market dominance.',
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			'content' => '<p><strong>Tenstorrent CEO Jim Keller</strong>, who worked for Intel, AMD and Tesla, said in an interview with Nikkei Asia that he wants to lower the price of AI applications by designing chips that are more efficient than Nvidia's and, in the process, end the American giant&rsquo;s global market dominance.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-13-Tenstorrent.jpg" alt="" />
<figcaption class="image-caption">Tenstorrent CEO Jim Keller (Photo source: Tenstorrent)</figcaption>
</figure>
<p>Headquartered in Toronto, Tenstorrent has offices in Austin, Texas and Santa Clara, California, as well as in Belgrade, Tokyo, Bangalore, and Seoul. The company claims to be developing AI processors that perform as efficiently as Nvidia's AI GPUs but at a lower cost.</p>
<p>At present, Nvidia is the global market leader when it comes to AI chips. Its AI accelerators command between 70% and 95% of the global market share, according to CNBC.</p>
<p>Keller also said in the interview that Tenstorrent hopes to sell its second-generation multipurpose AI chip by the end of this year.</p>
<p>According to Keller, Tenstorrent can achieve its objective because it does not use high-bandwidth memory (HBM), a popular type of advanced memory chip capable of transferring large amounts of data quickly. HBM is a vital component for generative AI chips and has played a significant role in the success of Nvidia's offerings.</p>
<p>But Keller pointed out that HBM was also one of the culprits behind the massive energy consumption and high prices of AI chips.</p>
<p>"Even the people that use HBM struggle with the cost of it, [and] the design time to build it,&rdquo; 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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			'id' => '545757',
			'title' => 'ITOCHU to take part in Taiwan's smart city project ',
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			'description' => 'Tokyo-based trading giant ITOCHU secured a contract to develop and test AI systems that will help run the transportation network and energy infrastructure of a future smart city project in southern Taiwan, according to a company press release.',
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			'content' => '<p>Tokyo-based trading giant <strong>ITOCHU</strong> secured a contract to develop and test AI systems that will help run the transportation network and energy infrastructure of a future smart city project in southern Taiwan, according to a company press release.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-13-ITOCHU-Taiwan.jpg" alt="" />
<figcaption class="image-caption">ITOCHU plans to roll out AI-powered buses for Taiwan's new smart city project in Tainan. (Photo source: Nikkei Asia)</figcaption>
</figure>
<p>ITOCHU outbid other parties interested in the Integrated Development Project for Shalun Smart Green Energy Science City located in Tainan. The early-stage contract, according to Nikkei Asia, is worth around $332,000 (10.8 million New Taiwan dollars).</p>
<p>According to ITOCHU, the goal is to test its AI systems on a trial basis by the end of October. This is the first time the trading house has officially participated in an overseas smart city project.</p>
<p>The Taiwanese government also announced plans to earmark an additional $306.9 million (or 10 billion NTD) to develop the country&rsquo;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>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-13-Melexis.jpg" alt="" />
<figcaption class="image-caption">Melexis' new 70 million-euro facility in Kuching is a nod to the local architectural design. (Photo source: Melexis)</figcaption>
</figure>
<p>Wafer testing is part of the manufacturing process wherein all individual integrated circuits are checked for functional defects through special test patterns.</p>
<p>According to Melexis, its expansion in Malaysia is a strategic move to streamline logistics and reduce its ecological footprint. Additionally, it selected Kuching because of its diverse, multilingual, entrepreneurial and highly skilled workforce.</p>
<p><strong>Melexis CEO Marc Biron </strong>said, &ldquo;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.&rdquo;</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&rsquo;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>&ldquo;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,&rdquo; <strong>Sarawak&rsquo;s Ministry of International Trade, Industry and Investment </strong>said in a statement<strong>.</strong></p>
<p>&ldquo;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,&rdquo; the statement also said.</p>',
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			'title' => 'ITOCHU invests in U.S. hydrogen aircraft engine maker ZeroAvia',
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			'description' => 'Japanese trading giant ITOCHU announced this month it had invested in ZeroAvia, a British-American maker of hydrogen-electric engines for aircraft, according to a company statement.',
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			'content' => '<p>Japanese trading giant <strong>ITOCHU</strong> announced this month it had invested in <strong>ZeroAvia</strong>, a British-American maker of hydrogen-electric engines for aircraft, according to a company statement.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-13-Itochu-ZeroAvia.jpg" alt="" />
<figcaption class="image-caption">An aircraft powered by ZeroAvia's hydrogen-electric engines (Photo source: ZeroAvia)</figcaption>
</figure>
<p>Founded in 2018, ZeroAvia describes itself as &ldquo;a team of passionate innovators dedicated to bringing safe, zero-emission flight to aviation.&rdquo; The company claims its hydrogen-electric propulsion systems are &ldquo;the most environmentally friendly and economically attractive solution to aviation&rsquo;s growing climate change impact.&rdquo;</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&rsquo;s long-term goal of helping save the planet by decarbonizing the aviation industry.</p>',
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			'title' => 'Virginia is named the best U.S. state for business',
			'description_old' => null,
			'description' => 'For the third time in the last five years, Virginia was ranked America's Top State for Business in 2024 by CNBC, which cited the state for having the best public schools in the country. It grabbed the top spot in 2007, 2009, 2011, 2019, and 2021.',
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			'content' => '<p>For the third time in the last five years,<strong> Virginia</strong> was ranked America&rsquo;s Top State for Business in 2024 by CNBC, which cited the state for having the best public schools in the country. It grabbed the top spot in 2007, 2009, 2011, 2019, and 2021.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-13-Virginia.jpg" alt="" />
<figcaption class="image-caption">Fairfax County Economic Development Authority President and CEO Victor Hoskins (Photo source: Fairfax County Economic Development Authority)</figcaption>
</figure>
<p>&ldquo;Congratulations to Virginia on being named America&rsquo;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,&rdquo; 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&rsquo;s 10 categories this year, &ldquo;a rare feat,&rdquo; 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&rsquo;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&rsquo;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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			'description' => 'The U.S. subsidiary of Japanese group FANUC, one of the world's largest makers of industrial robots, has opened a $110 million facility in Michigan to store, sell and maintain made-in-Japan industrial robots for North American customers, according to a statement from FANUC America.',
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			'content' => '<p>The U.S. subsidiary of Japanese group <strong>FANUC</strong>, one of the world&rsquo;s largest makers of industrial robots, has opened a $110 million facility in Michigan to store, sell and maintain made-in-Japan industrial robots for North American customers, according to a statement from FANUC America.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-13-FANUC.jpg" alt="" />
<figcaption class="image-caption">Michigan Gov. Gretchen Whitmer (center) with senior officers of FANUC America at its West Campus. (Photo source: FANUC America)</figcaption>
</figure>
<p>The new 650,000-square-foot facility was inaugurated on July 10 and is located in FANUC America&rsquo;s West Campus in Auburn Hills, Michigan. The expansion increases the company&rsquo;s footprint in Michigan to over 2 million square feet and is part of FANUC America&rsquo;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,&rdquo; <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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			'title' => 'NY-based AI med tech startup raises $50 million',
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			'description' => 'K Health, a leading AI-driven primary care company that provides 24/7 virtual primary care solutions through its mobile app, announced this month that it had raised $50 million in funding led by Claure Group with participation from investors, including Pablo Legorreta (founder and CEO of Royalty Pharma) and Mangrove Capital Partners, Valor Equity Partners, and Atreides Management.',
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			'content' => '<p><strong>K Health</strong>, a leading AI-driven primary care company that provides 24/7 virtual primary care solutions through its mobile app, announced this month that it had raised $50 million in funding led by Claure Group with participation from investors, including Pablo Legorreta (founder and CEO of Royalty Pharma) and Mangrove Capital Partners, Valor Equity Partners, and Atreides Management.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-12-NYNJ-K-Health-Alan-Bloch.jpg" alt="" />
<figcaption class="image-caption">K Health founder and CEO Allon Bloch (Photo source: K Health)</figcaption>
</figure>
<p>K Health said in the same statement that it had been developing its own AI technology for more than seven years. Today, it can provide 24/7 virtual primary care solutions to millions of people in the United States.</p>
<p>The K Health platform includes clinical-grade medical chat and AI predictive models based on large datasets to help physicians optimize diagnosis and treatment and focus on patient care.</p>
<p>Instead of doctors taking patients through lengthy procedures and manually piecing together their medical history from electronic medical records, K Health allows healthcare providers to engage more quickly and closely with patients by giving them a complete medical chart with patient insights straight from the app.</p>
<p>According to K Health, this new model of care delivery achieves dramatically higher quality of care at lower costs compared to traditional primary care.</p>
<p>&ldquo;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,&rdquo; explained<strong> K Health founder and CEO Allon Bloch.</strong></p>
<p>&ldquo;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,&rdquo; 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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			'title' => 'Canadian group seeks more investment opportunities in Cambodia',
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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>
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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>&ldquo;Shim&rsquo;s visit will further contribute to the promotion of trade relations between Cambodia and Canada,&rdquo; 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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<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&rsquo;s only pediatric kidney and liver transplant program.</p>',
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		'description' => 'The Japan Study Student Association at Columbia University's School of International and Public Affairs organized a visit to Japan in March to allow some of its members to learn more about the country's government, people, culture, and food.',
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		'content' => '<p>The Japan Study Student Association at <strong>Columbia University&rsquo;s School of International and Public Affairs </strong>organized a visit to Japan in March to allow some of its members to learn more about the country&rsquo;s government, people, culture, and food.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-2-NYNJ-JASSA-Education.jpg" alt="" />
<figcaption class="image-caption">JASSA representatives during their Japan trip</figcaption>
</figure>
<p>&ldquo;The Japan trip was a phenomenal opportunity not only from a career development perspective but also from a personal development perspective,&rdquo; JASSA Representative Daniel Alvarez said in an article posted on SIPA&rsquo;s website.</p>
<p>&ldquo;Speaking with top politicians, participating in cultural ceremonies, learning about critical events in Japan&rsquo;s history, experiencing the excellent cuisine, and enjoying the nightlife with new friends made for a very well-rounded trip and once-in-a-lifetime experience,&rdquo; Alvarez added.</p>
<p>For SIPA students who want to join future Japan trips, Alvarez encouraged fellow members to attend upcoming JASSA events so they can express their interest to the organizers. The trip was just one of many events of SIPA to bolster U.S.-Japan cooperation.</p>
<p>In June 2023<strong>, SIPA Dean Keren Yarhi-Milo</strong> visited the University of Tokyo's Graduate School of Public Policy, a fellow member of the Global Public Policy Network, where she held pivotal discussions to enhance cross-cultural exchange. <br /><br />In interviews with local media, including Nikkei Asia and TV Tokyo, Yarhi-Milo highlighted SIPA's commitment to integrating Japanese perspectives within its academic community.</p>
<p>&ldquo;We want our students and our faculty to be involved and engaged with Japan,&rdquo; said Yarhi-Milo as she recognized the country&rsquo;s significant economic and strategic influence in East Asia.</p>',
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Notice (8): Undefined index: SpecialFeature [APP/View/Featuresite/upcomingfeaturelist.ctp, line 53]
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			'description' => 'Boston's Japanese food scene got more diverse with the opening in April of Sakabayashi Sushi Tavern, a subsidiary of Japan's largest conveyor-belt sushi chain, Sushiro. The restaurant is the first investment of its parent company, Food & Life Co., in the United States. ',
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			'content' => '<p>Boston&rsquo;s Japanese food scene got more diverse with the opening in April of Sakabayashi Sushi Tavern, a subsidiary of Japan&rsquo;s largest conveyor-belt sushi chain, Sushiro. The restaurant is the first investment of its parent company, <strong>Food &amp; Life Co.</strong>, in the United States.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-4-Sushiro.jpg" alt="" />
<figcaption class="image-caption">Food &amp; Life Companies USA President Yosuke Tanaka (Source: LinkedIn/Yosue Tanaka)</figcaption>
</figure>
<p>Sakabayashi retained the original restaurant&rsquo;s <em>izakaya </em>style of dining<em>, </em>wherein patrons can eat and drink in a casual setting. With menu items priced from under $10, the restaurant wants to attract a diverse crowd.</p>
<p>&ldquo;Ensuring affordability while providing an authentic Japanese experience to Americans is paramount. Eighty percent of our menu is recreated from Japan. Our raw ingredients are sourced from our global procurement chain,&rdquo; said <strong>Food &amp; Life Companies USA President Yosuke Tanaka.</strong></p>
<p>Although Sakabayashi Sushi Tavern is Food and Life&rsquo;s first foray in the country, the group has many years of international experience. With operations in eight countries, primarily in Asia, Food &amp; Life aims to generate $1.45 billion in overseas revenue by the end of the fiscal year 2026 by opening more conveyor-belt sushi restaurants in the United States.</p>
<p>&ldquo;Our priority is not limited to deploying our existing brand but also to discovering, developing, and expanding new brands and food-services formats through the reinforcement of our competitive advantages in ingredient development, procurement, and supply chain management,&rdquo; said <strong>Food &amp; Life Ltd. President and CEO Koichi Mizutome.</strong></p>
<p>Mizutome&rsquo;s confidence stems from the growing popularity of Japanese cuisine in the United States. In 2023, revenues of sushi restaurants in America grew by 4.5% and are expected to grow further, according to research firm IBIS World.</p>
<p>In the United States, ramen shops are also growing more popular as various Japanese chains, like Fukuoka and Ramen Santouka, plan to open more outlets across the country.</p>',
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			'title' => 'Impostor Syndrome and The Incomplete Leader',
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			'description' => 'Now that everyone's details, accomplishments, and track record are easily fact-checked and reviewed on the internet, there has been a rise in the number of anxiety-riddled executives. The same tool used for work productivity has also been a source of consternation.',
			'credit_id' => '48',
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			'url' => 'impostor-syndrome-and-the-incomplete-leader',
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			'content' => '<p>The notion that &ldquo;leaders have to be flawless&rdquo; is starting to disappear. Access to unlimited information, a.k.a. the Internet, should have changed this perception ages ago.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-3-SG-Impostor-Syndrome.jpg" alt="" />
<figcaption class="image-caption">The workplace has evolved to become a more forgiving place for its leaders. (Illustration by Lianne Dominguez)</figcaption>
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<p>But now that everyone&rsquo;s details, accomplishments, and track record are easily fact-checked and reviewed on the internet, there has been a rise in the number of anxiety-riddled executives. The same tool used for work productivity has also been a source of consternation.</p>
<p>The pressure to have intellectual and interpersonal superiority is at an all-time high. According to the National Library of Medicine, impostor syndrome (IS) is a behavioral health phenomenon described as self-doubt of intellect, skills, or accomplishments among high-achieving individuals. Yes! The seemingly poised manager could be a fa&ccedil;ade.</p>
<p>Despite the tremendous pressure for perfection, an article in Harvard Business Review offers a solution to ease some caffeine-stimulated corporate minds. The authors, in praise of &ldquo;The Incomplete Leader,&rdquo; recommend embracing imperfections to strengthen one&rsquo;s leadership abilities. It also said that organizations were evolving to become more collaborative than hierarchical.</p>
<p>Decisions should often be made in the context of the open economy, therefore as no senior executive has a monopoly on knowledge. The overarching theme was that: Leaders should determine the right colleague to handle areas of their perceived weaknesses.&nbsp;</p>
<p>In fact, four leadership capabilities are developed during this process: sense-making, relating, visioning, and inventing.</p>
<p>Arguably, many teams have adopted the practice of &ldquo;excellence&rdquo; over &ldquo;perfection&rdquo;. The culture of excellence, while forgiving mistakes and considering personal limitations, does not absolve leaders and team members from giving their best.</p>
<p>Accepting the new demands and realities of a hybrid workplace, especially for leaders, will empower and not overwhelm the incomplete leader.</p>',
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			'title' => 'Brewing success: How leadership catapulted Paradox Brewery to new heights',
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			'description' => 'Paradox Brewery President and founder Paul Mrocka is widely credited for driving the New York-based to new levels of success through strategic planning, data-driven decision-making, and effective international partnerships.',
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			'url' => 'brewing-success-how-leadership-catapulted-paradox-brewery-to-new-heights',
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			'content' => '<p><strong>Paradox Brewery President and founder Paul Mrocka </strong>is widely credited for driving the New York-based to new levels of success through strategic planning, data-driven decision-making, and effective international partnerships.</p>
<p>According to Mrocka, data isn't just numbers at Paradox Brewery. It's a roadmap to success.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-3-NYNJ-Paradox-Brewery.jpg" alt="" />
<figcaption class="image-caption">Paradox Brewery President and founder Paul Mrocka</figcaption>
</figure>
<p>In an interview with GMI POST, Mrocka emphasized their reliance on Information Resources, Inc. (IRI) data to understand market trends, consumer preferences, and competitor strategies.</p>
<p>&ldquo;We're very competitive in our prices and a data-driven company. We tell stories with this data that we buy. And we use that data to go to the buyer and talk to them about it,&rdquo; he said.</p>
<p>By leveraging IRI&rsquo;s data, Paradox Brewery gains insights that shape its marketing strategies and product development, ensuring it stays ahead in the fiercely competitive craft beer market.</p>
<p>Paradox Brewery isn't afraid to think big either. </p>
<p>&ldquo;You have to put the time in. You have to show up and get face-to-face with these people because there has to be a degree of comfort on both sides of the arrangement to buy beer from the other side of the planet,&rdquo;<strong> Director of Operations Devon Hamilton </strong>said about plans to expand globally.</p>
<p>By nurturing strong relationships with international partners, Paradox Brewery secures distribution channels and builds a global brand presence, Hamilton also said.</p>
<p>For Paradox Brewery, success isn't just about reacting to market trends but about anticipating and shaping them. Through constant planning and adaptation, the company stays at the forefront of innovation, offering a diverse and appealing portfolio to its customers.</p>
<p>&ldquo;We all sit down, talk about what did well last year, what we think we should bring back for next year, what the upcoming trends are, and argue about what our portfolio will be,&rdquo; Hamilton said.</p>
<p>As Paradox Brewery expands both domestically and internationally, the skills and dedication of its leaders will ensure the New York brand remains a beloved brand in the craft beer industry.</p>',
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	(int) 3 => array(
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			'id' => '545697',
			'title' => 'What Cambodia's honey industry can teach businesses ',
			'description_old' => null,
			'description' => 'In 2021, Cambodia's government awarded its first geographic indication (GI) label for the wild honey harvested in Mondulkiri Province. The protected GI label, granted to local products with distinctive regional qualities, has elevated the profile of Cambodian honey on the global stage.',
			'credit_id' => '48',
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			'url' => 'what-cambodias-honey-industry-can-teach-businesses',
			'tags' => 'Cambodia, Leadership, Management, Agriculture, Honey',
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			'content' => '<p>Cambodia&rsquo;s honey industry has experienced steady growth in recent years. In 2021, the government awarded its first geographic indication (GI) label for the wild honey harvested in Mondulkiri Province. The protected GI label, granted to local products with distinctive regional qualities, has elevated the profile of Cambodian honey on the global stage.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-3-CAMB-Honey.jpg" alt="" />
<figcaption class="image-caption">Cambodia Honey Association Executive Director Sem Sreytouch</figcaption>
</figure>
<p>Although varieties like Modulkiri money have been harvested in Cambodia for centuries, efforts to streamline and formalize the industry&rsquo;s value chain are relatively recent and spearheaded by the Cambodia Honey Association (CHA), the main advocacy group representing the sector&rsquo;s stakeholders.</p>
<p>In an interview with GMI POST, CHA underscored the necessary steps to invigorate the industry while providing insight into navigating business in an emerging market landscape.&nbsp;</p>
<p><strong>&nbsp;</strong></p>
<p><span style="font-family: helvetica; font-size: 18pt;"><strong>Collaboration over competition </strong></span></p>
<p><strong>&nbsp;</strong></p>
<p><strong>CHA Executive Director Sem Sreytouch </strong>emphasizes the importance of shifting industry stakeholders&rsquo; mindset from competition to collaboration.</p>
<p>&ldquo;One of our main advocacies is to enact a change in mindset among Cambodian honey growers, apiaries, and other stakeholders in the value chain. A united front is required to elevate the overall standards of the Cambodian honey industry&rdquo; she said.</p>
<p><strong>&nbsp;</strong></p>
<p><span style="font-family: helvetica; font-size: 18pt;"><strong>Prioritize capacity building</strong></span></p>
<p><strong>&nbsp;</strong></p>
<p><strong>Peter Batt, Ph.D of Curtin University,</strong> also a fellow of the International Horticultural Congress, stressed the need for education and capacity-building at the grassroots level in emerging markets like Cambodia.</p>
<p>&ldquo;A key aspect of addressing challenges in Cambodia, particularly within the honey industry, was capacity building of smallholder farmers and empowering those farmers with basic and practical skills to help them grasp what it takes to thrive in trade,&rdquo; he said.</p>
<p><strong>&nbsp;</strong></p>
<p><span style="font-size: 1*pt;"><strong><span style="font-family: helvetica;">Explore untapped resources</span> </strong></span></p>
<p>&nbsp;</p>
<p>CHA also highlighted Cambodia's rich geographic diversity as a wellspring of untapped potential for future GI labels, such as honey from the lesser-known Tonle Sap Lake region. <strong>Dr. Try Yong</strong>, a beekeeping expert and an advisor to the Royal Ministry of Agriculture, underscored Cambodia&rsquo;s abundance of untapped honey collection areas in the rest of the country.</p>
<p>&ldquo;Regions like Tone Sap Lake and the western coasts offer promising opportunities. Despite the vast forests from which much of our honey originates, many areas lack GI certification, signaling significant untapped potential and future business opportunities for our kingdom,&rdquo; he said.</p>',
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			'section_summary' => 'In 2021, Cambodia's government awarded its first geographic indication (GI) label for the wild honey harvested in Mondulkiri Province. The protected GI label, granted to local products with distinctive regional qualities, has elevated the profile of Cambodian honey on the global stage.',
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			'id' => '545692',
			'title' => 'Wisconsin to give multimillion tax incentive to Kikkoman for new expansion',
			'description_old' => null,
			'description' => 'Kikkoman Foods Inc. has broken ground for its third manufacturing plant in Jefferson County and an expansion to its existing plant in neighboring Walworth County, Wisconsin. To support this fresh investment, the Wisconsin Economic Development Corp. (WEDC) plans to provide the Japanese soy sauce maker up to $15.5 million in performance-based tax credits.',
			'credit_id' => '48',
			'image' => null,
			'image_caption' => null,
			'url' => 'wisconsin-to-give-multimillion-tax-incentive-to-kikkoman-for-new-expansion',
			'tags' => 'US, Japan, Wisconsin, Economic Development, Food',
			'is_rss' => false,
			'rss_url' => null,
			'content_old' => null,
			'content' => '<p>Kikkoman Foods Inc. has broken ground for its third manufacturing plant in Jefferson County and an expansion to its existing plant in neighboring Walworth County, Wisconsin. To support this fresh investment, the <strong>Wisconsin Economic Development Corp. (WEDC)</strong> plans to provide the Japanese soy sauce maker up to $15.5 million in performance-based tax credits.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-3-Kikkoman-Wisconsin.jpg" alt="" />
<figcaption class="image-caption">Wisconsin Economic Development Corporation CEO and Secretary Missy Hughes (Source: Milwaukee Business Journal)</figcaption>
</figure>
<p>Kikkoman&rsquo;s expansion in Wisconsin will inject $800 million into the state&rsquo;s economy and create 83 new jobs over the next decade. The Walworth facility, opened in 1973, is the company&rsquo;s highest-producing soy sauce factory globally.</p>
<p>Meanwhile, the plant in Jefferson City is scheduled to start operations in 2026 and will focus on soy sauce-related products, like teriyaki sauce. Aside from enhancing efficiency and scalability, the facility will bolster Kikkoman&rsquo;s sustainability efforts by using renewable energy sources and equipment with lower CO2 emissions.</p>
<p><strong>WEDC Secretary and CEO Missy Hughes</strong> welcomed the announcement: &ldquo;Fifty years ago, Kikkoman made history by choosing Walworth, Wisconsin for its first international brewing plant. Now, by expanding its presence in Jefferson, Kikkoman is opening a new chapter in its history.&rdquo;</p>
<p><strong>Jefferson City Mayor Dale Oppermann</strong> expressed appreciation for Kikkoman&rsquo;s continued trust in the region: &ldquo;Kikkoman&rsquo;s decision to invest in Jefferson underscores the strength and appeal of our local food and beverage niche. We look forward to a long, prosperous partnership.&rdquo;</p>
<p>Meanwhile, <strong>Kikkoman Chair and honorary CEO Yuzauro Mogi </strong>said the company&rsquo;s choice of Wisconsin was rooted in several factors, among them its location, which provided convenient market access, as well as its skilled workforce, easy availability of raw materials, an abundance of clean water, the collaborative spirit of the local community.</p>
<p>&ldquo;We look forward to expanding our footprints in Wisconsin and establishing a supply chain with increased stability in North America,&rdquo; he also said.</p>
<p>Over the past five decades, Kikkoman has transformed rural Wisconsin through partnerships with the local community, donating more than $17 million to charitable organizations.</p>
<p>As one of the first production facilities set up by a Japanese company in the United States, the Walworth plant is seen as a valuable symbol of the close business and cultural partnership between the two countries.</p>
<p>&ldquo;Whether it&rsquo;s providing thousands of jobs, bolstering our economy or providing us and the world with phenomenal soy sauce, Kikkoman is doing good work across Wisconsin and the country. I am grateful for their continued partnership and expansion in Wisconsin,&rdquo; said <strong>Gov. Tony Evers</strong>.</p>',
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		'Articles' => array(
			'id' => '545693',
			'title' => 'New York wants more Japanese chipmakers in the state',
			'description_old' => null,
			'description' => 'Empire State Development (ESD), the umbrella organization for New York's two main economic development corporations, wants more Japanese chip industry suppliers to open operations in the state to support the upcoming manufacturing facilities of Micron Technology, the world's fourth-largest semiconductor company.',
			'credit_id' => '48',
			'image' => null,
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			'url' => 'new-york-wants-more-japanese-chipmakers-in-the-state',
			'tags' => 'US, Japan, New York, Economic Development, IT',
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			'content' => '<p><strong>Empire State Development (ESD)</strong>, the umbrella organization for New York's two main economic development corporations, wants more Japanese chip industry suppliers to open operations in the state to support the upcoming manufacturing facilities of Micron Technology, the world&rsquo;s fourth-largest semiconductor company.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-3-Micron-NY.jpg" alt="" />
<figcaption class="image-caption">Empire State Development President Hope Knight (Source: Empire State Development)</figcaption>
</figure>
<p>&ldquo;Last year, we were able to attract Micron to central New York. With the large investment that Micron is making, $100 billion, we know that we have to build an ecosystem to support that activity. That's why we're here on this mission: to talk to Japanese firms, some of Micron's suppliers, to come and locate in New York,&rdquo; <strong>ESD President Hope Knight</strong> told Nikkei Asia.</p>
<p>While Knight did not name the companies she spoke to during her visit to Japan, she mentioned that some were &ldquo;very excited about the possibility&rdquo; of investing in the state.</p>
<p>Micron, the only memory and storage manufacturer in the United States, has announced plans to build a $100 billion &ldquo;mega fab,&rdquo; which will employ more than 9,000 people, near Syracuse in upstate New York.</p>
<p>Even before the CHIPS and Science Act became federal law in 2022, New York had unveiled its $10 billion program, called Green CHIPS, which offered tax incentives to chip manufacturers. Participants of Green CHIPS can benefit from zero corporate income tax rates and receive tax credits based on their capital spending and research and development expenditures.</p>
<p>&ldquo;We customize a package for you,&rdquo; said Knight, who emphasized that incentives are tailored based on various factors, like the number of jobs created and size of investment.</p>
<p>The ESD president highlighted the importance of bringing back chip manufacturing to the United States, citing national security concerns and geopolitical trends, and underscored New York's manufacturing legacy and its readiness to revive its manufacturing sector.</p>
<p>New York has prioritized chip manufacturing as a key industry for economic growth. Apart from IBM, 75 other semiconductor-related companies have made new investments in the state. And since the introduction of Green CHIPS, total investments have reached $112 billion.</p>
<p>On concerns surrounding the high cost of living and labor costs associated with New York City, Knight said that cities in upstate New York, such as Albany, Syracuse, Rochester and Buffalo, offer affordability and have cheaper sources of clean power.</p>
<p>As head of ESD, Knight works closely with Gov. Kathy Hochul in developing the state economy through various measures like financing, subsidies, and tax breaks. As of 2022, ESD has been involved in at least 190 projects.</p>',
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			'id' => '545694',
			'title' => 'Toyota unveils $1.4 billion investment in Indiana to make more electric vehicles',
			'description_old' => null,
			'description' => 'Toyota, the world's largest automaker, has announced a $1.4 billion expansion of its factory in the U.S. state of Indiana to produce electric vehicles (EVs) starting in 2026. With the new expansion, Toyota Motor Manufacturing Indiana will become the company's second EV production facility in the United States.',
			'credit_id' => '48',
			'image' => null,
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			'url' => 'toyota-unveils-14-billion-investment-in-indiana-to-make-more-electric-vehicles',
			'tags' => 'US, Japan, Indiana, Electric Vehicles',
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			'content' => '<p>Toyota, the world&rsquo;s largest automaker, has announced a $1.4 billion expansion of its factory in the U.S. state of Indiana to produce electric vehicles (EVs) starting in 2026. With the new expansion, Toyota Motor Manufacturing Indiana will become the company&rsquo;s second EV production facility in the United States.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-3-Toyota-EVs.jpg" alt="" />
<figcaption class="image-caption">Toyota Motor Manufacturing Indiana President Tim Hollander (Source: PR Newswire)</figcaption>
</figure>
<p>According to Nikkei Asia, the investment will create 340 new high-quality jobs and increase the company&rsquo;s total number of employees in Indiana to around 8,000. The expansion also raises</p>
<p>Toyota&rsquo;s total investment in the state to $8 billion, Green Car Congress reported. <br /><br />Toyota&rsquo;s decision to increase EV production comes amid a surge in demand for its hybrid models, said CBT News.</p>
<p>In April, Toyota reported record annual sales for the fiscal year ending in March, surpassing the 10 million-unit mark for the first time. Its hybrid models have played a major role in growing the company&rsquo;s market share over the past year.</p>
<p>Toyota&rsquo;s only other EV factory in the United States is in Kentucky. The facility Georgetown is due to begin operations next year.</p>
<p>"Since 2021, Toyota has announced new investments totaling $18.6 billion into its U.S. manufacturing operations to support electrification efforts," the company said.</p>',
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		'Articles' => array(
			'id' => '545689',
			'title' => 'Singapore: A fertile ground for Edtech ',
			'description_old' => null,
			'description' => 'Globally, education technology (Edtech) is a rapidly growing sector. According to Precision Report's EdTech Market Research Report 2024, the global Edtech market size was valued at $115 billion in 2021 and is expected to reach $467 billion by 2027. ',
			'credit_id' => '48',
			'image' => null,
			'image_caption' => null,
			'url' => 'singapore-a-fertile-ground-for-edtech',
			'tags' => 'Japan, Singapore, Education',
			'is_rss' => false,
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			'content_old' => null,
			'content' => '<p>Globally, education technology (Edtech) is a rapidly growing sector. According to Precision Report&rsquo;s EdTech Market Research Report 2024, the global Edtech market size was valued at $115 billion in 2021 and is expected to reach $467 billion by 2027.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-2-SG-Education.jpg" alt="" />
<figcaption class="image-caption">Starting them young: Singapore's education system has gained admiration from around the world.</figcaption>
</figure>
<p>Singapore has stood out as one of the most fertile grounds for the sector&rsquo;s growth. The origins of Singapore&rsquo;s thriving Edtech sector can be traced back to 2014, when the country&rsquo;s national government enacted its Smart Nation initiative, which required schools to incorporate innovation and technology in the daily lives of Singaporean families.</p>
<p>According to UNESCO, the challenge for schools was to create meaningful learning experiences that reflected such integration, which meant that highly qualified faculty must constantly be engaged in research and innovation. Otherwise, how can one teach about advancements while experiencing none?</p>
<p>Since the enactment of the Smart Nation initiative, there have been more than 790 Edtech startups launched in Singapore. Today, the government continues to invest heavily in training its future labor pool. <br /><br />Aside from encouraging life-long learning, the city-state&rsquo;s government has also rolled out other initiatives to boost the growth of Edtech in Singapore, like an ICT masterplan, infrastructure upgrades, accelerator programs, increased connectivity in schools, and access to learning resources and opportunities for collaborations for schools and startups.</p>
<p>Those looking to start or invest in an Edtech venture will reap many benefits by betting on Singapore.</p>',
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			'id' => '545690',
			'title' => 'Columbia University seeks closer partnerships with Japan ',
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			'description' => 'The Japan Study Student Association at Columbia University's School of International and Public Affairs organized a visit to Japan in March to allow some of its members to learn more about the country's government, people, culture, and food.',
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			'url' => 'columbia-university-seeks-closer-partnerships-with-japan',
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			'content' => '<p>The Japan Study Student Association at <strong>Columbia University&rsquo;s School of International and Public Affairs </strong>organized a visit to Japan in March to allow some of its members to learn more about the country&rsquo;s government, people, culture, and food.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-2-NYNJ-JASSA-Education.jpg" alt="" />
<figcaption class="image-caption">JASSA representatives during their Japan trip</figcaption>
</figure>
<p>&ldquo;The Japan trip was a phenomenal opportunity not only from a career development perspective but also from a personal development perspective,&rdquo; JASSA Representative Daniel Alvarez said in an article posted on SIPA&rsquo;s website.</p>
<p>&ldquo;Speaking with top politicians, participating in cultural ceremonies, learning about critical events in Japan&rsquo;s history, experiencing the excellent cuisine, and enjoying the nightlife with new friends made for a very well-rounded trip and once-in-a-lifetime experience,&rdquo; Alvarez added.</p>
<p>For SIPA students who want to join future Japan trips, Alvarez encouraged fellow members to attend upcoming JASSA events so they can express their interest to the organizers. The trip was just one of many events of SIPA to bolster U.S.-Japan cooperation.</p>
<p>In June 2023<strong>, SIPA Dean Keren Yarhi-Milo</strong> visited the University of Tokyo's Graduate School of Public Policy, a fellow member of the Global Public Policy Network, where she held pivotal discussions to enhance cross-cultural exchange. <br /><br />In interviews with local media, including Nikkei Asia and TV Tokyo, Yarhi-Milo highlighted SIPA's commitment to integrating Japanese perspectives within its academic community.</p>
<p>&ldquo;We want our students and our faculty to be involved and engaged with Japan,&rdquo; said Yarhi-Milo as she recognized the country&rsquo;s significant economic and strategic influence in East Asia.</p>',
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			'section_summary' => 'The Japan Study Student Association at Columbia University's School of International and Public Affairs organized a visit to Japan in March to allow some of its members to learn more about the country's government, people, culture, and food.',
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			'id' => '545691',
			'title' => '3 reasons Japan-Cambodia education partnerships are thriving',
			'description_old' => null,
			'description' => 'As Cambodia and Japan commemorate 70 years of diplomatic relations, the two nations look forward to a new era in their partnership as they seek fresh fields of collaboration. More and more Japanese recognize Cambodia's untapped potential and hope to play a role in the development of its population.',
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			'url' => '3-reasons-japan-cambodia-education-partnerships-are-thriving',
			'tags' => 'Japan, Cambodia, Education',
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			'content' => '<p>As Cambodia and Japan commemorate 70 years of diplomatic relations, the two nations look forward to a new era in their partnership as they seek fresh fields of collaboration. More and more Japanese recognize Cambodia&rsquo;s untapped potential and hope to play a role in the development of its population.</p>
<p>For instance, the increased prominence of the <strong>Institute of Technology of Cambodia </strong>among the expatriate population reveals three key reasons Cambodia&rsquo;s educational landscape has attracted the attention of the Japanese community.</p>
<p>&nbsp;</p>
<p><span style="font-family: helvetica; font-size: 16pt;"><strong>The population is young, growing and mobile</strong></span></p>
<p>&nbsp;</p>
<p>CiteSeerX reports that nearly 70% of Cambodians are 29-years old and younger. <br /><br />&ldquo;Among Cambodia&rsquo;s younger generation, the literacy rate is reported to be quite high because of increasing opportunities for education. The gender gap among young adults is not so substantial, although some age group differences exist,&rdquo; Japan International Cooperation Agency said in its 2023 Country Study.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-2-CAMB-Japan-Education.jpg" alt="" />
<figcaption class="image-caption">Institute of Technology of Cambodia Rector Dr. Po Kimtho (left) and Kanazawa University President Takashi Wada (right)</figcaption>
</figure>
<p>&ldquo;This implies that very well-targeted literacy education by age, sex, geography, time of the class, and contents of the class will likely bring about significant domestic and foreign partnerships in Cambodia&rsquo;s education sector,&rdquo; the study added.An example of such a partnership is that between ITC and Panasonic Cambodia. ITC is one of only two institutions in the kingdom to receive scholarships from Panasonic Cambodia, the local subsidiary of Japanese tech giant Panasonic Group. Panasonic Cambodia Country Head Yosunoby Matsumoto said the initiative will be a means to &ldquo;maximize workforce potential, fostering growth, and nurturing the next generation of leaders.&rdquo;</p>
<p>According to Matsumoto, Panasonic Cambodia recognizes the talented local science and technology students and continues to invest in their capacity building to develop the next generation of technology business leaders that will allow them to participate in a global economy.</p>
<p><strong>&nbsp;</strong></p>
<p><span style="font-size: 16pt;"><strong><span style="font-family: helvetica;">It is open to international collaboration</span> </strong></span></p>
<p>&nbsp;</p>
<p>Cambodia is home to more than 128 higher education institutions, at least 45 of which (including ITC) have active international partnerships with universities and organizations abroad. ITC&rsquo;s outreach activities have helped position itself as an ideal partner for Japanese ventures.</p>
<p>Last year, the deputy director of ITC, along with six other academic delegates, visited the Tokyo Institute of Technology (Tokyo Tech), to partake in the training course &ldquo;Project for Strengthening Engineering Education and Research for Industrial Development in Cambodia,&rdquo; organized by JICA.</p>
<p>Subsequently, JICA formalized an agreement with ITC to strengthen engineering education and research in industrial development in Cambodia</p>
<p>&nbsp;</p>
<p><span style="font-family: helvetica; font-size: 16pt;"><strong>A growing vocationally and technically proficient workforce</strong></span></p>
<p>&nbsp;</p>
<p>&ldquo;Strengthening technical and vocational training is pivotal to attracting Japanese investment in Cambodia,&rdquo; said Labor and Vocational Training Minister Heng Sour, who urged JICA to persist in developing human resources in these domains, a statement that JICA President Sanui Kazumasa agreed with.</p>
<p>ITC, a partner of JICA, produces approximately 3,700 undergraduate and graduate students specializing in science, technology, and engineering.</p>',
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			'id' => '545686',
			'title' => 'Japan's JERA and Inpex to invest in separate U.S. ammonia projects',
			'description_old' => null,
			'description' => 'To bolster Japan's clean energy initiatives, two major Japanese energy companies, JERA and Inpex, are preparing to invest in separate projects in the United States that will produce ammonia for clean-burning power generation in Japan, Nikkei Asia reports. ',
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			'url' => 'japans-jera-and-inpex-to-invest-in-separate-us-ammonia-projects',
			'tags' => 'US, Japan, Investment, Green Energy',
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			'content' => '<p>To bolster Japan's clean energy initiatives, two major Japanese energy companies,<strong> JERA</strong> and <strong>Inpex</strong>, are preparing to invest in separate projects in the United States that will produce ammonia for clean-burning power generation in Japan, Nikkei Asia reports.</p>
<figure class="image-container floated-right" style="float: right;"><img class="align-right" src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-2-JERA-and-Inpex.jpg" alt="" />
<figcaption class="image-caption">Inpex President Takayuki Ueda</figcaption>
</figure>
<p><strong>JERA Global CEO and Chair Yukio Kani </strong>and<strong> Inpex President Takayuki Ueda</strong> confirmed the investments with local U.S. media at the CERAWeek 2024 energy industry conference held in Houston, Texas.</p>
<p>JERA, a joint venture between Tokyo Electric Power and Chubu Electric Power, announced its partnership with Oklahoma-based green energy company, Greenfield Energy. Together, they will build a facility in Louisiana to produce green ammonia using renewable energy sources.</p>
<p>Kani also confirmed to media that JERA will hire more people at its U.S. arm, aiming to expand the workforce by 30% after a year to around 250 employees.</p>
<p>On the other hand, Inpex, a leading oil and gas exploration and production company, is exploring opportunities in Texas to establish its own ammonia production facility.</p>
<p>According to Nikkei Asia, Inpex plans to produce 1.1 million tons of ammonia annually in Houston by 2027.</p>
<p>The investments by JERA and Inpex mark significant milestones in Japan's quest for cleaner energy alternatives.</p>',
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			'title' => 'Kishida visits North Carolina: Why is it groundbreaking?',
			'description_old' => null,
			'description' => 'To promote Japanese contribution to the United States' investment landscape, Prime Minister Fumio Kishida visited North Carolina in April to tour the site of Toyota Motor Corp.'s electric and hybrid battery plant in the city of Greensboro.',
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			'content' => '<p>To promote Japanese contribution to the United States&rsquo; investment landscape, <strong>Prime Minister Fumio Kishida</strong> visited North Carolina in April to tour the site of Toyota Motor Corp.&rsquo;s electric and hybrid battery plant in the city of Greensboro.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-2-Kishida-Visit-to-NC.jpg" alt="" />
<figcaption class="image-caption">Japanese Prime Minister Fumio Kishida (center) visits Toyota's EV battery plant being built in North Carolina. (Photo source: Nikkei Asia)</figcaption>
</figure>
<p>Kishida&rsquo;s visit marked a historic moment in U.S.-Japan relations because it was the first time since 1891 that a foreign head of state visited the governor&rsquo;s mansion and the first time in a decade that a Japanese prime minister visited the state.</p>
<p>&ldquo;I am honored to be here in North Carolina to showcase the multilayered and strong ties between the United States and Japan,&rdquo; Kishida told guests at the luncheon at the state governor&rsquo;s mansion. He also lauded North Carolina for being a state &ldquo;at the forefront of the times.&rdquo;</p>
<p>Japan remains North Carolina&rsquo;s largest foreign direct investor, employing over 30,000 people in over 200 Japanese companies.</p>
<p>According to the Environmental Defense Fund, North Carolina leads all U.S. states in electric vehicle (EV) investment, attracting over $19 billion in the past year. This is attributed to its world-class infrastructure, skilled workforce, and favorable local policies.</p>
<p>Capitalizing on that environment, Japanese automakers have expanded their EV production capacity in the state. Toyota invested an additional $8 billion in its Greensboro battery plant, raising its total capital investment to around $14 billion and generating more than 5,000 new jobs.</p>
<p>Chiaki Takagi, a Japanese studies lecturer at the University of North Carolina Greensboro, highlighted the significance of Kishida&rsquo;s visit: &ldquo;This whole thing will provide the area with opportunities to be engaged in very active cultural exchange between Japan and the U.S.&rdquo;</p>',
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			'title' => 'Renowned U.S. chip designer wants to end Nvidia's global dominance',
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			'description' => 'Tenstorrent CEO Jim Keller, who worked for Intel, AMD and Tesla, said in an interview with Nikkei Asia that he wants to lower the price of AI applications by designing chips that are more efficient than Nvidia's and, in the process, end the American giant's global market dominance.',
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			'content' => '<p><strong>Tenstorrent CEO Jim Keller</strong>, who worked for Intel, AMD and Tesla, said in an interview with Nikkei Asia that he wants to lower the price of AI applications by designing chips that are more efficient than Nvidia's and, in the process, end the American giant&rsquo;s global market dominance.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-13-Tenstorrent.jpg" alt="" />
<figcaption class="image-caption">Tenstorrent CEO Jim Keller (Photo source: Tenstorrent)</figcaption>
</figure>
<p>Headquartered in Toronto, Tenstorrent has offices in Austin, Texas and Santa Clara, California, as well as in Belgrade, Tokyo, Bangalore, and Seoul. The company claims to be developing AI processors that perform as efficiently as Nvidia's AI GPUs but at a lower cost.</p>
<p>At present, Nvidia is the global market leader when it comes to AI chips. Its AI accelerators command between 70% and 95% of the global market share, according to CNBC.</p>
<p>Keller also said in the interview that Tenstorrent hopes to sell its second-generation multipurpose AI chip by the end of this year.</p>
<p>According to Keller, Tenstorrent can achieve its objective because it does not use high-bandwidth memory (HBM), a popular type of advanced memory chip capable of transferring large amounts of data quickly. HBM is a vital component for generative AI chips and has played a significant role in the success of Nvidia's offerings.</p>
<p>But Keller pointed out that HBM was also one of the culprits behind the massive energy consumption and high prices of AI chips.</p>
<p>"Even the people that use HBM struggle with the cost of it, [and] the design time to build it,&rdquo; 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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			'id' => '545757',
			'title' => 'ITOCHU to take part in Taiwan's smart city project ',
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			'description' => 'Tokyo-based trading giant ITOCHU secured a contract to develop and test AI systems that will help run the transportation network and energy infrastructure of a future smart city project in southern Taiwan, according to a company press release.',
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			'content' => '<p>Tokyo-based trading giant <strong>ITOCHU</strong> secured a contract to develop and test AI systems that will help run the transportation network and energy infrastructure of a future smart city project in southern Taiwan, according to a company press release.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-13-ITOCHU-Taiwan.jpg" alt="" />
<figcaption class="image-caption">ITOCHU plans to roll out AI-powered buses for Taiwan's new smart city project in Tainan. (Photo source: Nikkei Asia)</figcaption>
</figure>
<p>ITOCHU outbid other parties interested in the Integrated Development Project for Shalun Smart Green Energy Science City located in Tainan. The early-stage contract, according to Nikkei Asia, is worth around $332,000 (10.8 million New Taiwan dollars).</p>
<p>According to ITOCHU, the goal is to test its AI systems on a trial basis by the end of October. This is the first time the trading house has officially participated in an overseas smart city project.</p>
<p>The Taiwanese government also announced plans to earmark an additional $306.9 million (or 10 billion NTD) to develop the country&rsquo;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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			'title' => 'Melexis opens its largest wafer testing site in Malaysia',
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			'description' => 'Belgium-based supplier of semiconductor solutions Melexis has opened its largest wafer testing site worldwide in Kuching in the Malaysian state of Sarawak to strengthen its presence in Asia-Pacific and meet the rising demand for semiconductors around the world, according to a company announcement.',
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			'content' => '<p>Belgium-based supplier of semiconductor solutions <strong>Melexis</strong> has opened its largest wafer testing site worldwide in Kuching in the Malaysian state of Sarawak to strengthen its presence in Asia-Pacific and meet the rising demand for semiconductors around the world, according to a company announcement.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-13-Melexis.jpg" alt="" />
<figcaption class="image-caption">Melexis' new 70 million-euro facility in Kuching is a nod to the local architectural design. (Photo source: Melexis)</figcaption>
</figure>
<p>Wafer testing is part of the manufacturing process wherein all individual integrated circuits are checked for functional defects through special test patterns.</p>
<p>According to Melexis, its expansion in Malaysia is a strategic move to streamline logistics and reduce its ecological footprint. Additionally, it selected Kuching because of its diverse, multilingual, entrepreneurial and highly skilled workforce.</p>
<p><strong>Melexis CEO Marc Biron </strong>said, &ldquo;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.&rdquo;</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&rsquo;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>&ldquo;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,&rdquo; <strong>Sarawak&rsquo;s Ministry of International Trade, Industry and Investment </strong>said in a statement<strong>.</strong></p>
<p>&ldquo;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,&rdquo; 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 &ldquo;a team of passionate innovators dedicated to bringing safe, zero-emission flight to aviation.&rdquo; The company claims its hydrogen-electric propulsion systems are &ldquo;the most environmentally friendly and economically attractive solution to aviation&rsquo;s growing climate change impact.&rdquo;</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&rsquo;s long-term goal of helping save the planet by decarbonizing the aviation industry.</p>',
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			'description' => 'For the third time in the last five years, Virginia was ranked America's Top State for Business in 2024 by CNBC, which cited the state for having the best public schools in the country. It grabbed the top spot in 2007, 2009, 2011, 2019, and 2021.',
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			'content' => '<p>For the third time in the last five years,<strong> Virginia</strong> was ranked America&rsquo;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>
</figure>
<p>&ldquo;Congratulations to Virginia on being named America&rsquo;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,&rdquo; 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&rsquo;s 10 categories this year, &ldquo;a rare feat,&rdquo; 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&rsquo;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&rsquo;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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			'description' => 'The U.S. subsidiary of Japanese group FANUC, one of the world's largest makers of industrial robots, has opened a $110 million facility in Michigan to store, sell and maintain made-in-Japan industrial robots for North American customers, according to a statement from FANUC America.',
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			'content' => '<p>The U.S. subsidiary of Japanese group <strong>FANUC</strong>, one of the world&rsquo;s largest makers of industrial robots, has opened a $110 million facility in Michigan to store, sell and maintain made-in-Japan industrial robots for North American customers, according to a statement from FANUC America.</p>
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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>
</figure>
<p>The new 650,000-square-foot facility was inaugurated on July 10 and is located in FANUC America&rsquo;s West Campus in Auburn Hills, Michigan. The expansion increases the company&rsquo;s footprint in Michigan to over 2 million square feet and is part of FANUC America&rsquo;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,&rdquo; <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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			'description' => 'K Health, a leading AI-driven primary care company that provides 24/7 virtual primary care solutions through its mobile app, announced this month that it had raised $50 million in funding led by Claure Group with participation from investors, including Pablo Legorreta (founder and CEO of Royalty Pharma) and Mangrove Capital Partners, Valor Equity Partners, and Atreides Management.',
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			'content' => '<p><strong>K Health</strong>, a leading AI-driven primary care company that provides 24/7 virtual primary care solutions through its mobile app, announced this month that it had raised $50 million in funding led by Claure Group with participation from investors, including Pablo Legorreta (founder and CEO of Royalty Pharma) and Mangrove Capital Partners, Valor Equity Partners, and Atreides Management.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-12-NYNJ-K-Health-Alan-Bloch.jpg" alt="" />
<figcaption class="image-caption">K Health founder and CEO Allon Bloch (Photo source: K Health)</figcaption>
</figure>
<p>K Health said in the same statement that it had been developing its own AI technology for more than seven years. Today, it can provide 24/7 virtual primary care solutions to millions of people in the United States.</p>
<p>The K Health platform includes clinical-grade medical chat and AI predictive models based on large datasets to help physicians optimize diagnosis and treatment and focus on patient care.</p>
<p>Instead of doctors taking patients through lengthy procedures and manually piecing together their medical history from electronic medical records, K Health allows healthcare providers to engage more quickly and closely with patients by giving them a complete medical chart with patient insights straight from the app.</p>
<p>According to K Health, this new model of care delivery achieves dramatically higher quality of care at lower costs compared to traditional primary care.</p>
<p>&ldquo;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,&rdquo; explained<strong> K Health founder and CEO Allon Bloch.</strong></p>
<p>&ldquo;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,&rdquo; 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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			'title' => 'Canadian group seeks more investment opportunities in Cambodia',
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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>&ldquo;Shim&rsquo;s visit will further contribute to the promotion of trade relations between Cambodia and Canada,&rdquo; 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&rsquo;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>
<p>&ldquo;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,&rdquo; 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&rsquo;s only pediatric kidney and liver transplant program.</p>',
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		'title' => '3 reasons Japan-Cambodia education partnerships are thriving',
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		'description' => 'As Cambodia and Japan commemorate 70 years of diplomatic relations, the two nations look forward to a new era in their partnership as they seek fresh fields of collaboration. More and more Japanese recognize Cambodia's untapped potential and hope to play a role in the development of its population.',
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		'content' => '<p>As Cambodia and Japan commemorate 70 years of diplomatic relations, the two nations look forward to a new era in their partnership as they seek fresh fields of collaboration. More and more Japanese recognize Cambodia&rsquo;s untapped potential and hope to play a role in the development of its population.</p>
<p>For instance, the increased prominence of the <strong>Institute of Technology of Cambodia </strong>among the expatriate population reveals three key reasons Cambodia&rsquo;s educational landscape has attracted the attention of the Japanese community.</p>
<p>&nbsp;</p>
<p><span style="font-family: helvetica; font-size: 16pt;"><strong>The population is young, growing and mobile</strong></span></p>
<p>&nbsp;</p>
<p>CiteSeerX reports that nearly 70% of Cambodians are 29-years old and younger. <br /><br />&ldquo;Among Cambodia&rsquo;s younger generation, the literacy rate is reported to be quite high because of increasing opportunities for education. The gender gap among young adults is not so substantial, although some age group differences exist,&rdquo; Japan International Cooperation Agency said in its 2023 Country Study.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-2-CAMB-Japan-Education.jpg" alt="" />
<figcaption class="image-caption">Institute of Technology of Cambodia Rector Dr. Po Kimtho (left) and Kanazawa University President Takashi Wada (right)</figcaption>
</figure>
<p>&ldquo;This implies that very well-targeted literacy education by age, sex, geography, time of the class, and contents of the class will likely bring about significant domestic and foreign partnerships in Cambodia&rsquo;s education sector,&rdquo; the study added.An example of such a partnership is that between ITC and Panasonic Cambodia. ITC is one of only two institutions in the kingdom to receive scholarships from Panasonic Cambodia, the local subsidiary of Japanese tech giant Panasonic Group. Panasonic Cambodia Country Head Yosunoby Matsumoto said the initiative will be a means to &ldquo;maximize workforce potential, fostering growth, and nurturing the next generation of leaders.&rdquo;</p>
<p>According to Matsumoto, Panasonic Cambodia recognizes the talented local science and technology students and continues to invest in their capacity building to develop the next generation of technology business leaders that will allow them to participate in a global economy.</p>
<p><strong>&nbsp;</strong></p>
<p><span style="font-size: 16pt;"><strong><span style="font-family: helvetica;">It is open to international collaboration</span> </strong></span></p>
<p>&nbsp;</p>
<p>Cambodia is home to more than 128 higher education institutions, at least 45 of which (including ITC) have active international partnerships with universities and organizations abroad. ITC&rsquo;s outreach activities have helped position itself as an ideal partner for Japanese ventures.</p>
<p>Last year, the deputy director of ITC, along with six other academic delegates, visited the Tokyo Institute of Technology (Tokyo Tech), to partake in the training course &ldquo;Project for Strengthening Engineering Education and Research for Industrial Development in Cambodia,&rdquo; organized by JICA.</p>
<p>Subsequently, JICA formalized an agreement with ITC to strengthen engineering education and research in industrial development in Cambodia</p>
<p>&nbsp;</p>
<p><span style="font-family: helvetica; font-size: 16pt;"><strong>A growing vocationally and technically proficient workforce</strong></span></p>
<p>&nbsp;</p>
<p>&ldquo;Strengthening technical and vocational training is pivotal to attracting Japanese investment in Cambodia,&rdquo; said Labor and Vocational Training Minister Heng Sour, who urged JICA to persist in developing human resources in these domains, a statement that JICA President Sanui Kazumasa agreed with.</p>
<p>ITC, a partner of JICA, produces approximately 3,700 undergraduate and graduate students specializing in science, technology, and engineering.</p>',
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			'description' => 'Boston's Japanese food scene got more diverse with the opening in April of Sakabayashi Sushi Tavern, a subsidiary of Japan's largest conveyor-belt sushi chain, Sushiro. The restaurant is the first investment of its parent company, Food & Life Co., in the United States. ',
			'credit_id' => '48',
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			'content' => '<p>Boston&rsquo;s Japanese food scene got more diverse with the opening in April of Sakabayashi Sushi Tavern, a subsidiary of Japan&rsquo;s largest conveyor-belt sushi chain, Sushiro. The restaurant is the first investment of its parent company, <strong>Food &amp; Life Co.</strong>, in the United States.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-4-Sushiro.jpg" alt="" />
<figcaption class="image-caption">Food &amp; Life Companies USA President Yosuke Tanaka (Source: LinkedIn/Yosue Tanaka)</figcaption>
</figure>
<p>Sakabayashi retained the original restaurant&rsquo;s <em>izakaya </em>style of dining<em>, </em>wherein patrons can eat and drink in a casual setting. With menu items priced from under $10, the restaurant wants to attract a diverse crowd.</p>
<p>&ldquo;Ensuring affordability while providing an authentic Japanese experience to Americans is paramount. Eighty percent of our menu is recreated from Japan. Our raw ingredients are sourced from our global procurement chain,&rdquo; said <strong>Food &amp; Life Companies USA President Yosuke Tanaka.</strong></p>
<p>Although Sakabayashi Sushi Tavern is Food and Life&rsquo;s first foray in the country, the group has many years of international experience. With operations in eight countries, primarily in Asia, Food &amp; Life aims to generate $1.45 billion in overseas revenue by the end of the fiscal year 2026 by opening more conveyor-belt sushi restaurants in the United States.</p>
<p>&ldquo;Our priority is not limited to deploying our existing brand but also to discovering, developing, and expanding new brands and food-services formats through the reinforcement of our competitive advantages in ingredient development, procurement, and supply chain management,&rdquo; said <strong>Food &amp; Life Ltd. President and CEO Koichi Mizutome.</strong></p>
<p>Mizutome&rsquo;s confidence stems from the growing popularity of Japanese cuisine in the United States. In 2023, revenues of sushi restaurants in America grew by 4.5% and are expected to grow further, according to research firm IBIS World.</p>
<p>In the United States, ramen shops are also growing more popular as various Japanese chains, like Fukuoka and Ramen Santouka, plan to open more outlets across the country.</p>',
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			'title' => 'Impostor Syndrome and The Incomplete Leader',
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			'description' => 'Now that everyone's details, accomplishments, and track record are easily fact-checked and reviewed on the internet, there has been a rise in the number of anxiety-riddled executives. The same tool used for work productivity has also been a source of consternation.',
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			'content' => '<p>The notion that &ldquo;leaders have to be flawless&rdquo; is starting to disappear. Access to unlimited information, a.k.a. the Internet, should have changed this perception ages ago.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-3-SG-Impostor-Syndrome.jpg" alt="" />
<figcaption class="image-caption">The workplace has evolved to become a more forgiving place for its leaders. (Illustration by Lianne Dominguez)</figcaption>
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<p>But now that everyone&rsquo;s details, accomplishments, and track record are easily fact-checked and reviewed on the internet, there has been a rise in the number of anxiety-riddled executives. The same tool used for work productivity has also been a source of consternation.</p>
<p>The pressure to have intellectual and interpersonal superiority is at an all-time high. According to the National Library of Medicine, impostor syndrome (IS) is a behavioral health phenomenon described as self-doubt of intellect, skills, or accomplishments among high-achieving individuals. Yes! The seemingly poised manager could be a fa&ccedil;ade.</p>
<p>Despite the tremendous pressure for perfection, an article in Harvard Business Review offers a solution to ease some caffeine-stimulated corporate minds. The authors, in praise of &ldquo;The Incomplete Leader,&rdquo; recommend embracing imperfections to strengthen one&rsquo;s leadership abilities. It also said that organizations were evolving to become more collaborative than hierarchical.</p>
<p>Decisions should often be made in the context of the open economy, therefore as no senior executive has a monopoly on knowledge. The overarching theme was that: Leaders should determine the right colleague to handle areas of their perceived weaknesses.&nbsp;</p>
<p>In fact, four leadership capabilities are developed during this process: sense-making, relating, visioning, and inventing.</p>
<p>Arguably, many teams have adopted the practice of &ldquo;excellence&rdquo; over &ldquo;perfection&rdquo;. The culture of excellence, while forgiving mistakes and considering personal limitations, does not absolve leaders and team members from giving their best.</p>
<p>Accepting the new demands and realities of a hybrid workplace, especially for leaders, will empower and not overwhelm the incomplete leader.</p>',
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			'id' => '545696',
			'title' => 'Brewing success: How leadership catapulted Paradox Brewery to new heights',
			'description_old' => null,
			'description' => 'Paradox Brewery President and founder Paul Mrocka is widely credited for driving the New York-based to new levels of success through strategic planning, data-driven decision-making, and effective international partnerships.',
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			'url' => 'brewing-success-how-leadership-catapulted-paradox-brewery-to-new-heights',
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			'content' => '<p><strong>Paradox Brewery President and founder Paul Mrocka </strong>is widely credited for driving the New York-based to new levels of success through strategic planning, data-driven decision-making, and effective international partnerships.</p>
<p>According to Mrocka, data isn't just numbers at Paradox Brewery. It's a roadmap to success.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-3-NYNJ-Paradox-Brewery.jpg" alt="" />
<figcaption class="image-caption">Paradox Brewery President and founder Paul Mrocka</figcaption>
</figure>
<p>In an interview with GMI POST, Mrocka emphasized their reliance on Information Resources, Inc. (IRI) data to understand market trends, consumer preferences, and competitor strategies.</p>
<p>&ldquo;We're very competitive in our prices and a data-driven company. We tell stories with this data that we buy. And we use that data to go to the buyer and talk to them about it,&rdquo; he said.</p>
<p>By leveraging IRI&rsquo;s data, Paradox Brewery gains insights that shape its marketing strategies and product development, ensuring it stays ahead in the fiercely competitive craft beer market.</p>
<p>Paradox Brewery isn't afraid to think big either. </p>
<p>&ldquo;You have to put the time in. You have to show up and get face-to-face with these people because there has to be a degree of comfort on both sides of the arrangement to buy beer from the other side of the planet,&rdquo;<strong> Director of Operations Devon Hamilton </strong>said about plans to expand globally.</p>
<p>By nurturing strong relationships with international partners, Paradox Brewery secures distribution channels and builds a global brand presence, Hamilton also said.</p>
<p>For Paradox Brewery, success isn't just about reacting to market trends but about anticipating and shaping them. Through constant planning and adaptation, the company stays at the forefront of innovation, offering a diverse and appealing portfolio to its customers.</p>
<p>&ldquo;We all sit down, talk about what did well last year, what we think we should bring back for next year, what the upcoming trends are, and argue about what our portfolio will be,&rdquo; Hamilton said.</p>
<p>As Paradox Brewery expands both domestically and internationally, the skills and dedication of its leaders will ensure the New York brand remains a beloved brand in the craft beer industry.</p>',
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			'id' => '545697',
			'title' => 'What Cambodia's honey industry can teach businesses ',
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			'description' => 'In 2021, Cambodia's government awarded its first geographic indication (GI) label for the wild honey harvested in Mondulkiri Province. The protected GI label, granted to local products with distinctive regional qualities, has elevated the profile of Cambodian honey on the global stage.',
			'credit_id' => '48',
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			'url' => 'what-cambodias-honey-industry-can-teach-businesses',
			'tags' => 'Cambodia, Leadership, Management, Agriculture, Honey',
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			'content' => '<p>Cambodia&rsquo;s honey industry has experienced steady growth in recent years. In 2021, the government awarded its first geographic indication (GI) label for the wild honey harvested in Mondulkiri Province. The protected GI label, granted to local products with distinctive regional qualities, has elevated the profile of Cambodian honey on the global stage.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-3-CAMB-Honey.jpg" alt="" />
<figcaption class="image-caption">Cambodia Honey Association Executive Director Sem Sreytouch</figcaption>
</figure>
<p>Although varieties like Modulkiri money have been harvested in Cambodia for centuries, efforts to streamline and formalize the industry&rsquo;s value chain are relatively recent and spearheaded by the Cambodia Honey Association (CHA), the main advocacy group representing the sector&rsquo;s stakeholders.</p>
<p>In an interview with GMI POST, CHA underscored the necessary steps to invigorate the industry while providing insight into navigating business in an emerging market landscape.&nbsp;</p>
<p><strong>&nbsp;</strong></p>
<p><span style="font-family: helvetica; font-size: 18pt;"><strong>Collaboration over competition </strong></span></p>
<p><strong>&nbsp;</strong></p>
<p><strong>CHA Executive Director Sem Sreytouch </strong>emphasizes the importance of shifting industry stakeholders&rsquo; mindset from competition to collaboration.</p>
<p>&ldquo;One of our main advocacies is to enact a change in mindset among Cambodian honey growers, apiaries, and other stakeholders in the value chain. A united front is required to elevate the overall standards of the Cambodian honey industry&rdquo; she said.</p>
<p><strong>&nbsp;</strong></p>
<p><span style="font-family: helvetica; font-size: 18pt;"><strong>Prioritize capacity building</strong></span></p>
<p><strong>&nbsp;</strong></p>
<p><strong>Peter Batt, Ph.D of Curtin University,</strong> also a fellow of the International Horticultural Congress, stressed the need for education and capacity-building at the grassroots level in emerging markets like Cambodia.</p>
<p>&ldquo;A key aspect of addressing challenges in Cambodia, particularly within the honey industry, was capacity building of smallholder farmers and empowering those farmers with basic and practical skills to help them grasp what it takes to thrive in trade,&rdquo; he said.</p>
<p><strong>&nbsp;</strong></p>
<p><span style="font-size: 1*pt;"><strong><span style="font-family: helvetica;">Explore untapped resources</span> </strong></span></p>
<p>&nbsp;</p>
<p>CHA also highlighted Cambodia's rich geographic diversity as a wellspring of untapped potential for future GI labels, such as honey from the lesser-known Tonle Sap Lake region. <strong>Dr. Try Yong</strong>, a beekeeping expert and an advisor to the Royal Ministry of Agriculture, underscored Cambodia&rsquo;s abundance of untapped honey collection areas in the rest of the country.</p>
<p>&ldquo;Regions like Tone Sap Lake and the western coasts offer promising opportunities. Despite the vast forests from which much of our honey originates, many areas lack GI certification, signaling significant untapped potential and future business opportunities for our kingdom,&rdquo; he said.</p>',
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		'Articles' => array(
			'id' => '545692',
			'title' => 'Wisconsin to give multimillion tax incentive to Kikkoman for new expansion',
			'description_old' => null,
			'description' => 'Kikkoman Foods Inc. has broken ground for its third manufacturing plant in Jefferson County and an expansion to its existing plant in neighboring Walworth County, Wisconsin. To support this fresh investment, the Wisconsin Economic Development Corp. (WEDC) plans to provide the Japanese soy sauce maker up to $15.5 million in performance-based tax credits.',
			'credit_id' => '48',
			'image' => null,
			'image_caption' => null,
			'url' => 'wisconsin-to-give-multimillion-tax-incentive-to-kikkoman-for-new-expansion',
			'tags' => 'US, Japan, Wisconsin, Economic Development, Food',
			'is_rss' => false,
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			'content' => '<p>Kikkoman Foods Inc. has broken ground for its third manufacturing plant in Jefferson County and an expansion to its existing plant in neighboring Walworth County, Wisconsin. To support this fresh investment, the <strong>Wisconsin Economic Development Corp. (WEDC)</strong> plans to provide the Japanese soy sauce maker up to $15.5 million in performance-based tax credits.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-3-Kikkoman-Wisconsin.jpg" alt="" />
<figcaption class="image-caption">Wisconsin Economic Development Corporation CEO and Secretary Missy Hughes (Source: Milwaukee Business Journal)</figcaption>
</figure>
<p>Kikkoman&rsquo;s expansion in Wisconsin will inject $800 million into the state&rsquo;s economy and create 83 new jobs over the next decade. The Walworth facility, opened in 1973, is the company&rsquo;s highest-producing soy sauce factory globally.</p>
<p>Meanwhile, the plant in Jefferson City is scheduled to start operations in 2026 and will focus on soy sauce-related products, like teriyaki sauce. Aside from enhancing efficiency and scalability, the facility will bolster Kikkoman&rsquo;s sustainability efforts by using renewable energy sources and equipment with lower CO2 emissions.</p>
<p><strong>WEDC Secretary and CEO Missy Hughes</strong> welcomed the announcement: &ldquo;Fifty years ago, Kikkoman made history by choosing Walworth, Wisconsin for its first international brewing plant. Now, by expanding its presence in Jefferson, Kikkoman is opening a new chapter in its history.&rdquo;</p>
<p><strong>Jefferson City Mayor Dale Oppermann</strong> expressed appreciation for Kikkoman&rsquo;s continued trust in the region: &ldquo;Kikkoman&rsquo;s decision to invest in Jefferson underscores the strength and appeal of our local food and beverage niche. We look forward to a long, prosperous partnership.&rdquo;</p>
<p>Meanwhile, <strong>Kikkoman Chair and honorary CEO Yuzauro Mogi </strong>said the company&rsquo;s choice of Wisconsin was rooted in several factors, among them its location, which provided convenient market access, as well as its skilled workforce, easy availability of raw materials, an abundance of clean water, the collaborative spirit of the local community.</p>
<p>&ldquo;We look forward to expanding our footprints in Wisconsin and establishing a supply chain with increased stability in North America,&rdquo; he also said.</p>
<p>Over the past five decades, Kikkoman has transformed rural Wisconsin through partnerships with the local community, donating more than $17 million to charitable organizations.</p>
<p>As one of the first production facilities set up by a Japanese company in the United States, the Walworth plant is seen as a valuable symbol of the close business and cultural partnership between the two countries.</p>
<p>&ldquo;Whether it&rsquo;s providing thousands of jobs, bolstering our economy or providing us and the world with phenomenal soy sauce, Kikkoman is doing good work across Wisconsin and the country. I am grateful for their continued partnership and expansion in Wisconsin,&rdquo; said <strong>Gov. Tony Evers</strong>.</p>',
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	(int) 5 => array(
		'Articles' => array(
			'id' => '545693',
			'title' => 'New York wants more Japanese chipmakers in the state',
			'description_old' => null,
			'description' => 'Empire State Development (ESD), the umbrella organization for New York's two main economic development corporations, wants more Japanese chip industry suppliers to open operations in the state to support the upcoming manufacturing facilities of Micron Technology, the world's fourth-largest semiconductor company.',
			'credit_id' => '48',
			'image' => null,
			'image_caption' => null,
			'url' => 'new-york-wants-more-japanese-chipmakers-in-the-state',
			'tags' => 'US, Japan, New York, Economic Development, IT',
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			'content' => '<p><strong>Empire State Development (ESD)</strong>, the umbrella organization for New York's two main economic development corporations, wants more Japanese chip industry suppliers to open operations in the state to support the upcoming manufacturing facilities of Micron Technology, the world&rsquo;s fourth-largest semiconductor company.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-3-Micron-NY.jpg" alt="" />
<figcaption class="image-caption">Empire State Development President Hope Knight (Source: Empire State Development)</figcaption>
</figure>
<p>&ldquo;Last year, we were able to attract Micron to central New York. With the large investment that Micron is making, $100 billion, we know that we have to build an ecosystem to support that activity. That's why we're here on this mission: to talk to Japanese firms, some of Micron's suppliers, to come and locate in New York,&rdquo; <strong>ESD President Hope Knight</strong> told Nikkei Asia.</p>
<p>While Knight did not name the companies she spoke to during her visit to Japan, she mentioned that some were &ldquo;very excited about the possibility&rdquo; of investing in the state.</p>
<p>Micron, the only memory and storage manufacturer in the United States, has announced plans to build a $100 billion &ldquo;mega fab,&rdquo; which will employ more than 9,000 people, near Syracuse in upstate New York.</p>
<p>Even before the CHIPS and Science Act became federal law in 2022, New York had unveiled its $10 billion program, called Green CHIPS, which offered tax incentives to chip manufacturers. Participants of Green CHIPS can benefit from zero corporate income tax rates and receive tax credits based on their capital spending and research and development expenditures.</p>
<p>&ldquo;We customize a package for you,&rdquo; said Knight, who emphasized that incentives are tailored based on various factors, like the number of jobs created and size of investment.</p>
<p>The ESD president highlighted the importance of bringing back chip manufacturing to the United States, citing national security concerns and geopolitical trends, and underscored New York's manufacturing legacy and its readiness to revive its manufacturing sector.</p>
<p>New York has prioritized chip manufacturing as a key industry for economic growth. Apart from IBM, 75 other semiconductor-related companies have made new investments in the state. And since the introduction of Green CHIPS, total investments have reached $112 billion.</p>
<p>On concerns surrounding the high cost of living and labor costs associated with New York City, Knight said that cities in upstate New York, such as Albany, Syracuse, Rochester and Buffalo, offer affordability and have cheaper sources of clean power.</p>
<p>As head of ESD, Knight works closely with Gov. Kathy Hochul in developing the state economy through various measures like financing, subsidies, and tax breaks. As of 2022, ESD has been involved in at least 190 projects.</p>',
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			'id' => '545694',
			'title' => 'Toyota unveils $1.4 billion investment in Indiana to make more electric vehicles',
			'description_old' => null,
			'description' => 'Toyota, the world's largest automaker, has announced a $1.4 billion expansion of its factory in the U.S. state of Indiana to produce electric vehicles (EVs) starting in 2026. With the new expansion, Toyota Motor Manufacturing Indiana will become the company's second EV production facility in the United States.',
			'credit_id' => '48',
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			'url' => 'toyota-unveils-14-billion-investment-in-indiana-to-make-more-electric-vehicles',
			'tags' => 'US, Japan, Indiana, Electric Vehicles',
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			'content' => '<p>Toyota, the world&rsquo;s largest automaker, has announced a $1.4 billion expansion of its factory in the U.S. state of Indiana to produce electric vehicles (EVs) starting in 2026. With the new expansion, Toyota Motor Manufacturing Indiana will become the company&rsquo;s second EV production facility in the United States.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-3-Toyota-EVs.jpg" alt="" />
<figcaption class="image-caption">Toyota Motor Manufacturing Indiana President Tim Hollander (Source: PR Newswire)</figcaption>
</figure>
<p>According to Nikkei Asia, the investment will create 340 new high-quality jobs and increase the company&rsquo;s total number of employees in Indiana to around 8,000. The expansion also raises</p>
<p>Toyota&rsquo;s total investment in the state to $8 billion, Green Car Congress reported. <br /><br />Toyota&rsquo;s decision to increase EV production comes amid a surge in demand for its hybrid models, said CBT News.</p>
<p>In April, Toyota reported record annual sales for the fiscal year ending in March, surpassing the 10 million-unit mark for the first time. Its hybrid models have played a major role in growing the company&rsquo;s market share over the past year.</p>
<p>Toyota&rsquo;s only other EV factory in the United States is in Kentucky. The facility Georgetown is due to begin operations next year.</p>
<p>"Since 2021, Toyota has announced new investments totaling $18.6 billion into its U.S. manufacturing operations to support electrification efforts," the company said.</p>',
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			'id' => '545689',
			'title' => 'Singapore: A fertile ground for Edtech ',
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			'description' => 'Globally, education technology (Edtech) is a rapidly growing sector. According to Precision Report's EdTech Market Research Report 2024, the global Edtech market size was valued at $115 billion in 2021 and is expected to reach $467 billion by 2027. ',
			'credit_id' => '48',
			'image' => null,
			'image_caption' => null,
			'url' => 'singapore-a-fertile-ground-for-edtech',
			'tags' => 'Japan, Singapore, Education',
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			'content' => '<p>Globally, education technology (Edtech) is a rapidly growing sector. According to Precision Report&rsquo;s EdTech Market Research Report 2024, the global Edtech market size was valued at $115 billion in 2021 and is expected to reach $467 billion by 2027.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-2-SG-Education.jpg" alt="" />
<figcaption class="image-caption">Starting them young: Singapore's education system has gained admiration from around the world.</figcaption>
</figure>
<p>Singapore has stood out as one of the most fertile grounds for the sector&rsquo;s growth. The origins of Singapore&rsquo;s thriving Edtech sector can be traced back to 2014, when the country&rsquo;s national government enacted its Smart Nation initiative, which required schools to incorporate innovation and technology in the daily lives of Singaporean families.</p>
<p>According to UNESCO, the challenge for schools was to create meaningful learning experiences that reflected such integration, which meant that highly qualified faculty must constantly be engaged in research and innovation. Otherwise, how can one teach about advancements while experiencing none?</p>
<p>Since the enactment of the Smart Nation initiative, there have been more than 790 Edtech startups launched in Singapore. Today, the government continues to invest heavily in training its future labor pool. <br /><br />Aside from encouraging life-long learning, the city-state&rsquo;s government has also rolled out other initiatives to boost the growth of Edtech in Singapore, like an ICT masterplan, infrastructure upgrades, accelerator programs, increased connectivity in schools, and access to learning resources and opportunities for collaborations for schools and startups.</p>
<p>Those looking to start or invest in an Edtech venture will reap many benefits by betting on Singapore.</p>',
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			'id' => '545690',
			'title' => 'Columbia University seeks closer partnerships with Japan ',
			'description_old' => null,
			'description' => 'The Japan Study Student Association at Columbia University's School of International and Public Affairs organized a visit to Japan in March to allow some of its members to learn more about the country's government, people, culture, and food.',
			'credit_id' => '48',
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			'url' => 'columbia-university-seeks-closer-partnerships-with-japan',
			'tags' => 'US, Japan, Education',
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			'content' => '<p>The Japan Study Student Association at <strong>Columbia University&rsquo;s School of International and Public Affairs </strong>organized a visit to Japan in March to allow some of its members to learn more about the country&rsquo;s government, people, culture, and food.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-2-NYNJ-JASSA-Education.jpg" alt="" />
<figcaption class="image-caption">JASSA representatives during their Japan trip</figcaption>
</figure>
<p>&ldquo;The Japan trip was a phenomenal opportunity not only from a career development perspective but also from a personal development perspective,&rdquo; JASSA Representative Daniel Alvarez said in an article posted on SIPA&rsquo;s website.</p>
<p>&ldquo;Speaking with top politicians, participating in cultural ceremonies, learning about critical events in Japan&rsquo;s history, experiencing the excellent cuisine, and enjoying the nightlife with new friends made for a very well-rounded trip and once-in-a-lifetime experience,&rdquo; Alvarez added.</p>
<p>For SIPA students who want to join future Japan trips, Alvarez encouraged fellow members to attend upcoming JASSA events so they can express their interest to the organizers. The trip was just one of many events of SIPA to bolster U.S.-Japan cooperation.</p>
<p>In June 2023<strong>, SIPA Dean Keren Yarhi-Milo</strong> visited the University of Tokyo's Graduate School of Public Policy, a fellow member of the Global Public Policy Network, where she held pivotal discussions to enhance cross-cultural exchange. <br /><br />In interviews with local media, including Nikkei Asia and TV Tokyo, Yarhi-Milo highlighted SIPA's commitment to integrating Japanese perspectives within its academic community.</p>
<p>&ldquo;We want our students and our faculty to be involved and engaged with Japan,&rdquo; said Yarhi-Milo as she recognized the country&rsquo;s significant economic and strategic influence in East Asia.</p>',
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			'id' => '545691',
			'title' => '3 reasons Japan-Cambodia education partnerships are thriving',
			'description_old' => null,
			'description' => 'As Cambodia and Japan commemorate 70 years of diplomatic relations, the two nations look forward to a new era in their partnership as they seek fresh fields of collaboration. More and more Japanese recognize Cambodia's untapped potential and hope to play a role in the development of its population.',
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			'url' => '3-reasons-japan-cambodia-education-partnerships-are-thriving',
			'tags' => 'Japan, Cambodia, Education',
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			'content' => '<p>As Cambodia and Japan commemorate 70 years of diplomatic relations, the two nations look forward to a new era in their partnership as they seek fresh fields of collaboration. More and more Japanese recognize Cambodia&rsquo;s untapped potential and hope to play a role in the development of its population.</p>
<p>For instance, the increased prominence of the <strong>Institute of Technology of Cambodia </strong>among the expatriate population reveals three key reasons Cambodia&rsquo;s educational landscape has attracted the attention of the Japanese community.</p>
<p>&nbsp;</p>
<p><span style="font-family: helvetica; font-size: 16pt;"><strong>The population is young, growing and mobile</strong></span></p>
<p>&nbsp;</p>
<p>CiteSeerX reports that nearly 70% of Cambodians are 29-years old and younger. <br /><br />&ldquo;Among Cambodia&rsquo;s younger generation, the literacy rate is reported to be quite high because of increasing opportunities for education. The gender gap among young adults is not so substantial, although some age group differences exist,&rdquo; Japan International Cooperation Agency said in its 2023 Country Study.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-2-CAMB-Japan-Education.jpg" alt="" />
<figcaption class="image-caption">Institute of Technology of Cambodia Rector Dr. Po Kimtho (left) and Kanazawa University President Takashi Wada (right)</figcaption>
</figure>
<p>&ldquo;This implies that very well-targeted literacy education by age, sex, geography, time of the class, and contents of the class will likely bring about significant domestic and foreign partnerships in Cambodia&rsquo;s education sector,&rdquo; the study added.An example of such a partnership is that between ITC and Panasonic Cambodia. ITC is one of only two institutions in the kingdom to receive scholarships from Panasonic Cambodia, the local subsidiary of Japanese tech giant Panasonic Group. Panasonic Cambodia Country Head Yosunoby Matsumoto said the initiative will be a means to &ldquo;maximize workforce potential, fostering growth, and nurturing the next generation of leaders.&rdquo;</p>
<p>According to Matsumoto, Panasonic Cambodia recognizes the talented local science and technology students and continues to invest in their capacity building to develop the next generation of technology business leaders that will allow them to participate in a global economy.</p>
<p><strong>&nbsp;</strong></p>
<p><span style="font-size: 16pt;"><strong><span style="font-family: helvetica;">It is open to international collaboration</span> </strong></span></p>
<p>&nbsp;</p>
<p>Cambodia is home to more than 128 higher education institutions, at least 45 of which (including ITC) have active international partnerships with universities and organizations abroad. ITC&rsquo;s outreach activities have helped position itself as an ideal partner for Japanese ventures.</p>
<p>Last year, the deputy director of ITC, along with six other academic delegates, visited the Tokyo Institute of Technology (Tokyo Tech), to partake in the training course &ldquo;Project for Strengthening Engineering Education and Research for Industrial Development in Cambodia,&rdquo; organized by JICA.</p>
<p>Subsequently, JICA formalized an agreement with ITC to strengthen engineering education and research in industrial development in Cambodia</p>
<p>&nbsp;</p>
<p><span style="font-family: helvetica; font-size: 16pt;"><strong>A growing vocationally and technically proficient workforce</strong></span></p>
<p>&nbsp;</p>
<p>&ldquo;Strengthening technical and vocational training is pivotal to attracting Japanese investment in Cambodia,&rdquo; said Labor and Vocational Training Minister Heng Sour, who urged JICA to persist in developing human resources in these domains, a statement that JICA President Sanui Kazumasa agreed with.</p>
<p>ITC, a partner of JICA, produces approximately 3,700 undergraduate and graduate students specializing in science, technology, and engineering.</p>',
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			'id' => '545686',
			'title' => 'Japan's JERA and Inpex to invest in separate U.S. ammonia projects',
			'description_old' => null,
			'description' => 'To bolster Japan's clean energy initiatives, two major Japanese energy companies, JERA and Inpex, are preparing to invest in separate projects in the United States that will produce ammonia for clean-burning power generation in Japan, Nikkei Asia reports. ',
			'credit_id' => '48',
			'image' => null,
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			'url' => 'japans-jera-and-inpex-to-invest-in-separate-us-ammonia-projects',
			'tags' => 'US, Japan, Investment, Green Energy',
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			'content' => '<p>To bolster Japan's clean energy initiatives, two major Japanese energy companies,<strong> JERA</strong> and <strong>Inpex</strong>, are preparing to invest in separate projects in the United States that will produce ammonia for clean-burning power generation in Japan, Nikkei Asia reports.</p>
<figure class="image-container floated-right" style="float: right;"><img class="align-right" src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-2-JERA-and-Inpex.jpg" alt="" />
<figcaption class="image-caption">Inpex President Takayuki Ueda</figcaption>
</figure>
<p><strong>JERA Global CEO and Chair Yukio Kani </strong>and<strong> Inpex President Takayuki Ueda</strong> confirmed the investments with local U.S. media at the CERAWeek 2024 energy industry conference held in Houston, Texas.</p>
<p>JERA, a joint venture between Tokyo Electric Power and Chubu Electric Power, announced its partnership with Oklahoma-based green energy company, Greenfield Energy. Together, they will build a facility in Louisiana to produce green ammonia using renewable energy sources.</p>
<p>Kani also confirmed to media that JERA will hire more people at its U.S. arm, aiming to expand the workforce by 30% after a year to around 250 employees.</p>
<p>On the other hand, Inpex, a leading oil and gas exploration and production company, is exploring opportunities in Texas to establish its own ammonia production facility.</p>
<p>According to Nikkei Asia, Inpex plans to produce 1.1 million tons of ammonia annually in Houston by 2027.</p>
<p>The investments by JERA and Inpex mark significant milestones in Japan's quest for cleaner energy alternatives.</p>',
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			'id' => '545687',
			'title' => 'Kishida visits North Carolina: Why is it groundbreaking?',
			'description_old' => null,
			'description' => 'To promote Japanese contribution to the United States' investment landscape, Prime Minister Fumio Kishida visited North Carolina in April to tour the site of Toyota Motor Corp.'s electric and hybrid battery plant in the city of Greensboro.',
			'credit_id' => '48',
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			'url' => 'kishidas-visits-north-carolina-why-is-it-groundbreaking',
			'tags' => 'US, Japan, Investment, Electric Vehicles',
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			'content' => '<p>To promote Japanese contribution to the United States&rsquo; investment landscape, <strong>Prime Minister Fumio Kishida</strong> visited North Carolina in April to tour the site of Toyota Motor Corp.&rsquo;s electric and hybrid battery plant in the city of Greensboro.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-2-Kishida-Visit-to-NC.jpg" alt="" />
<figcaption class="image-caption">Japanese Prime Minister Fumio Kishida (center) visits Toyota's EV battery plant being built in North Carolina. (Photo source: Nikkei Asia)</figcaption>
</figure>
<p>Kishida&rsquo;s visit marked a historic moment in U.S.-Japan relations because it was the first time since 1891 that a foreign head of state visited the governor&rsquo;s mansion and the first time in a decade that a Japanese prime minister visited the state.</p>
<p>&ldquo;I am honored to be here in North Carolina to showcase the multilayered and strong ties between the United States and Japan,&rdquo; Kishida told guests at the luncheon at the state governor&rsquo;s mansion. He also lauded North Carolina for being a state &ldquo;at the forefront of the times.&rdquo;</p>
<p>Japan remains North Carolina&rsquo;s largest foreign direct investor, employing over 30,000 people in over 200 Japanese companies.</p>
<p>According to the Environmental Defense Fund, North Carolina leads all U.S. states in electric vehicle (EV) investment, attracting over $19 billion in the past year. This is attributed to its world-class infrastructure, skilled workforce, and favorable local policies.</p>
<p>Capitalizing on that environment, Japanese automakers have expanded their EV production capacity in the state. Toyota invested an additional $8 billion in its Greensboro battery plant, raising its total capital investment to around $14 billion and generating more than 5,000 new jobs.</p>
<p>Chiaki Takagi, a Japanese studies lecturer at the University of North Carolina Greensboro, highlighted the significance of Kishida&rsquo;s visit: &ldquo;This whole thing will provide the area with opportunities to be engaged in very active cultural exchange between Japan and the U.S.&rdquo;</p>',
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			'title' => 'Renowned U.S. chip designer wants to end Nvidia's global dominance',
			'description_old' => null,
			'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&rsquo;s global market dominance.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-13-Tenstorrent.jpg" alt="" />
<figcaption class="image-caption">Tenstorrent CEO Jim Keller (Photo source: Tenstorrent)</figcaption>
</figure>
<p>Headquartered in Toronto, Tenstorrent has offices in Austin, Texas and Santa Clara, California, as well as in Belgrade, Tokyo, Bangalore, and Seoul. The company claims to be developing AI processors that perform as efficiently as Nvidia's AI GPUs but at a lower cost.</p>
<p>At present, Nvidia is the global market leader when it comes to AI chips. Its AI accelerators command between 70% and 95% of the global market share, according to CNBC.</p>
<p>Keller also said in the interview that Tenstorrent hopes to sell its second-generation multipurpose AI chip by the end of this year.</p>
<p>According to Keller, Tenstorrent can achieve its objective because it does not use high-bandwidth memory (HBM), a popular type of advanced memory chip capable of transferring large amounts of data quickly. HBM is a vital component for generative AI chips and has played a significant role in the success of Nvidia's offerings.</p>
<p>But Keller pointed out that HBM was also one of the culprits behind the massive energy consumption and high prices of AI chips.</p>
<p>"Even the people that use HBM struggle with the cost of it, [and] the design time to build it,&rdquo; 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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			'title' => 'ITOCHU to take part in Taiwan's smart city project ',
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			'description' => 'Tokyo-based trading giant ITOCHU secured a contract to develop and test AI systems that will help run the transportation network and energy infrastructure of a future smart city project in southern Taiwan, according to a company press release.',
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			'content' => '<p>Tokyo-based trading giant <strong>ITOCHU</strong> secured a contract to develop and test AI systems that will help run the transportation network and energy infrastructure of a future smart city project in southern Taiwan, according to a company press release.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-13-ITOCHU-Taiwan.jpg" alt="" />
<figcaption class="image-caption">ITOCHU plans to roll out AI-powered buses for Taiwan's new smart city project in Tainan. (Photo source: Nikkei Asia)</figcaption>
</figure>
<p>ITOCHU outbid other parties interested in the Integrated Development Project for Shalun Smart Green Energy Science City located in Tainan. The early-stage contract, according to Nikkei Asia, is worth around $332,000 (10.8 million New Taiwan dollars).</p>
<p>According to ITOCHU, the goal is to test its AI systems on a trial basis by the end of October. This is the first time the trading house has officially participated in an overseas smart city project.</p>
<p>The Taiwanese government also announced plans to earmark an additional $306.9 million (or 10 billion NTD) to develop the country&rsquo;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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			'title' => 'Melexis opens its largest wafer testing site in Malaysia',
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			'description' => 'Belgium-based supplier of semiconductor solutions Melexis has opened its largest wafer testing site worldwide in Kuching in the Malaysian state of Sarawak to strengthen its presence in Asia-Pacific and meet the rising demand for semiconductors around the world, according to a company announcement.',
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			'content' => '<p>Belgium-based supplier of semiconductor solutions <strong>Melexis</strong> has opened its largest wafer testing site worldwide in Kuching in the Malaysian state of Sarawak to strengthen its presence in Asia-Pacific and meet the rising demand for semiconductors around the world, according to a company announcement.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-13-Melexis.jpg" alt="" />
<figcaption class="image-caption">Melexis' new 70 million-euro facility in Kuching is a nod to the local architectural design. (Photo source: Melexis)</figcaption>
</figure>
<p>Wafer testing is part of the manufacturing process wherein all individual integrated circuits are checked for functional defects through special test patterns.</p>
<p>According to Melexis, its expansion in Malaysia is a strategic move to streamline logistics and reduce its ecological footprint. Additionally, it selected Kuching because of its diverse, multilingual, entrepreneurial and highly skilled workforce.</p>
<p><strong>Melexis CEO Marc Biron </strong>said, &ldquo;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.&rdquo;</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&rsquo;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>&ldquo;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,&rdquo; <strong>Sarawak&rsquo;s Ministry of International Trade, Industry and Investment </strong>said in a statement<strong>.</strong></p>
<p>&ldquo;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,&rdquo; the statement also said.</p>',
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			'title' => 'ITOCHU invests in U.S. hydrogen aircraft engine maker ZeroAvia',
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			'description' => 'Japanese trading giant ITOCHU announced this month it had invested in ZeroAvia, a British-American maker of hydrogen-electric engines for aircraft, according to a company statement.',
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			'content' => '<p>Japanese trading giant <strong>ITOCHU</strong> announced this month it had invested in <strong>ZeroAvia</strong>, a British-American maker of hydrogen-electric engines for aircraft, according to a company statement.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-13-Itochu-ZeroAvia.jpg" alt="" />
<figcaption class="image-caption">An aircraft powered by ZeroAvia's hydrogen-electric engines (Photo source: ZeroAvia)</figcaption>
</figure>
<p>Founded in 2018, ZeroAvia describes itself as &ldquo;a team of passionate innovators dedicated to bringing safe, zero-emission flight to aviation.&rdquo; The company claims its hydrogen-electric propulsion systems are &ldquo;the most environmentally friendly and economically attractive solution to aviation&rsquo;s growing climate change impact.&rdquo;</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&rsquo;s long-term goal of helping save the planet by decarbonizing the aviation industry.</p>',
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			'description' => 'For the third time in the last five years, Virginia was ranked America's Top State for Business in 2024 by CNBC, which cited the state for having the best public schools in the country. It grabbed the top spot in 2007, 2009, 2011, 2019, and 2021.',
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			'content' => '<p>For the third time in the last five years,<strong> Virginia</strong> was ranked America&rsquo;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>
</figure>
<p>&ldquo;Congratulations to Virginia on being named America&rsquo;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,&rdquo; 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&rsquo;s 10 categories this year, &ldquo;a rare feat,&rdquo; 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&rsquo;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&rsquo;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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			'content' => '<p>The U.S. subsidiary of Japanese group <strong>FANUC</strong>, one of the world&rsquo;s largest makers of industrial robots, has opened a $110 million facility in Michigan to store, sell and maintain made-in-Japan industrial robots for North American customers, according to a statement from FANUC America.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-13-FANUC.jpg" alt="" />
<figcaption class="image-caption">Michigan Gov. Gretchen Whitmer (center) with senior officers of FANUC America at its West Campus. (Photo source: FANUC America)</figcaption>
</figure>
<p>The new 650,000-square-foot facility was inaugurated on July 10 and is located in FANUC America&rsquo;s West Campus in Auburn Hills, Michigan. The expansion increases the company&rsquo;s footprint in Michigan to over 2 million square feet and is part of FANUC America&rsquo;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,&rdquo; <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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			'title' => 'NY-based AI med tech startup raises $50 million',
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			'description' => 'K Health, a leading AI-driven primary care company that provides 24/7 virtual primary care solutions through its mobile app, announced this month that it had raised $50 million in funding led by Claure Group with participation from investors, including Pablo Legorreta (founder and CEO of Royalty Pharma) and Mangrove Capital Partners, Valor Equity Partners, and Atreides Management.',
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			'content' => '<p><strong>K Health</strong>, a leading AI-driven primary care company that provides 24/7 virtual primary care solutions through its mobile app, announced this month that it had raised $50 million in funding led by Claure Group with participation from investors, including Pablo Legorreta (founder and CEO of Royalty Pharma) and Mangrove Capital Partners, Valor Equity Partners, and Atreides Management.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-12-NYNJ-K-Health-Alan-Bloch.jpg" alt="" />
<figcaption class="image-caption">K Health founder and CEO Allon Bloch (Photo source: K Health)</figcaption>
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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>&ldquo;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,&rdquo; explained<strong> K Health founder and CEO Allon Bloch.</strong></p>
<p>&ldquo;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,&rdquo; 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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			'title' => 'Canadian group seeks more investment opportunities in Cambodia',
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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>
</figure>
<p>During the meeting, Manet pointed out that the <strong>Cambodia Chamber of Commerce</strong> had two representative offices in Canada (Toronto and Montreal) that promote bilateral trade and assist exporters and importers in their two countries.</p>
<p>&ldquo;Shim&rsquo;s visit will further contribute to the promotion of trade relations between Cambodia and Canada,&rdquo; 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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			'description' => 'National University Hospital (NUH), the main teaching hospital of the country's top-ranking National University of Singapore, announced this month the opening of a center focused on providing trauma care to vulnerable groups, particularly children, older adults, and migrant workers.',
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			'content' => '<p><strong>National University Hospital (NUH)</strong>, the main teaching hospital of the country&rsquo;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>
<p>&ldquo;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,&rdquo; 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&rsquo;s only pediatric kidney and liver transplant program.</p>',
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		'title' => '3 reasons Japan-Cambodia education partnerships are thriving',
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		'description' => 'As Cambodia and Japan commemorate 70 years of diplomatic relations, the two nations look forward to a new era in their partnership as they seek fresh fields of collaboration. More and more Japanese recognize Cambodia's untapped potential and hope to play a role in the development of its population.',
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		'content' => '<p>As Cambodia and Japan commemorate 70 years of diplomatic relations, the two nations look forward to a new era in their partnership as they seek fresh fields of collaboration. More and more Japanese recognize Cambodia&rsquo;s untapped potential and hope to play a role in the development of its population.</p>
<p>For instance, the increased prominence of the <strong>Institute of Technology of Cambodia </strong>among the expatriate population reveals three key reasons Cambodia&rsquo;s educational landscape has attracted the attention of the Japanese community.</p>
<p>&nbsp;</p>
<p><span style="font-family: helvetica; font-size: 16pt;"><strong>The population is young, growing and mobile</strong></span></p>
<p>&nbsp;</p>
<p>CiteSeerX reports that nearly 70% of Cambodians are 29-years old and younger. <br /><br />&ldquo;Among Cambodia&rsquo;s younger generation, the literacy rate is reported to be quite high because of increasing opportunities for education. The gender gap among young adults is not so substantial, although some age group differences exist,&rdquo; Japan International Cooperation Agency said in its 2023 Country Study.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-2-CAMB-Japan-Education.jpg" alt="" />
<figcaption class="image-caption">Institute of Technology of Cambodia Rector Dr. Po Kimtho (left) and Kanazawa University President Takashi Wada (right)</figcaption>
</figure>
<p>&ldquo;This implies that very well-targeted literacy education by age, sex, geography, time of the class, and contents of the class will likely bring about significant domestic and foreign partnerships in Cambodia&rsquo;s education sector,&rdquo; the study added.An example of such a partnership is that between ITC and Panasonic Cambodia. ITC is one of only two institutions in the kingdom to receive scholarships from Panasonic Cambodia, the local subsidiary of Japanese tech giant Panasonic Group. Panasonic Cambodia Country Head Yosunoby Matsumoto said the initiative will be a means to &ldquo;maximize workforce potential, fostering growth, and nurturing the next generation of leaders.&rdquo;</p>
<p>According to Matsumoto, Panasonic Cambodia recognizes the talented local science and technology students and continues to invest in their capacity building to develop the next generation of technology business leaders that will allow them to participate in a global economy.</p>
<p><strong>&nbsp;</strong></p>
<p><span style="font-size: 16pt;"><strong><span style="font-family: helvetica;">It is open to international collaboration</span> </strong></span></p>
<p>&nbsp;</p>
<p>Cambodia is home to more than 128 higher education institutions, at least 45 of which (including ITC) have active international partnerships with universities and organizations abroad. ITC&rsquo;s outreach activities have helped position itself as an ideal partner for Japanese ventures.</p>
<p>Last year, the deputy director of ITC, along with six other academic delegates, visited the Tokyo Institute of Technology (Tokyo Tech), to partake in the training course &ldquo;Project for Strengthening Engineering Education and Research for Industrial Development in Cambodia,&rdquo; organized by JICA.</p>
<p>Subsequently, JICA formalized an agreement with ITC to strengthen engineering education and research in industrial development in Cambodia</p>
<p>&nbsp;</p>
<p><span style="font-family: helvetica; font-size: 16pt;"><strong>A growing vocationally and technically proficient workforce</strong></span></p>
<p>&nbsp;</p>
<p>&ldquo;Strengthening technical and vocational training is pivotal to attracting Japanese investment in Cambodia,&rdquo; said Labor and Vocational Training Minister Heng Sour, who urged JICA to persist in developing human resources in these domains, a statement that JICA President Sanui Kazumasa agreed with.</p>
<p>ITC, a partner of JICA, produces approximately 3,700 undergraduate and graduate students specializing in science, technology, and engineering.</p>',
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$link = array(
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	'action' => 'view',
	'id' => '545691',
	'url' => '3-reasons-japan-cambodia-education-partnerships-are-thriving'
)
$imgg = ''
include - APP/View/Featuresite/upcomingfeaturelist.ctp, line 53
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 963
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 108

Notice (8): Undefined index: SpecialFeature [APP/View/Featuresite/upcomingfeaturelist.ctp, line 53]
Code Context
                                $imgg = $this->Html->url('/upload/article/company_focus/'.$article['Articles']['id'].'/'.$article['Articles']['company_focus_image']);
                            }else{
                                $imgg = $this->Html->url('/upload/special_feature/small_image/'.$article['SpecialFeature']['id'].'/'.$article['SpecialFeature']['small_image']);
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			'id' => '545700',
			'title' => 'Japan's largest conveyor-belt sushi chain rolls out in the U.S.',
			'description_old' => null,
			'description' => 'Boston's Japanese food scene got more diverse with the opening in April of Sakabayashi Sushi Tavern, a subsidiary of Japan's largest conveyor-belt sushi chain, Sushiro. The restaurant is the first investment of its parent company, Food & Life Co., in the United States. ',
			'credit_id' => '48',
			'image' => null,
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			'url' => 'japans-largest-conveyor-belt-sushi-chain-rolls-out-in-the-us',
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			'content' => '<p>Boston&rsquo;s Japanese food scene got more diverse with the opening in April of Sakabayashi Sushi Tavern, a subsidiary of Japan&rsquo;s largest conveyor-belt sushi chain, Sushiro. The restaurant is the first investment of its parent company, <strong>Food &amp; Life Co.</strong>, in the United States.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-4-Sushiro.jpg" alt="" />
<figcaption class="image-caption">Food &amp; Life Companies USA President Yosuke Tanaka (Source: LinkedIn/Yosue Tanaka)</figcaption>
</figure>
<p>Sakabayashi retained the original restaurant&rsquo;s <em>izakaya </em>style of dining<em>, </em>wherein patrons can eat and drink in a casual setting. With menu items priced from under $10, the restaurant wants to attract a diverse crowd.</p>
<p>&ldquo;Ensuring affordability while providing an authentic Japanese experience to Americans is paramount. Eighty percent of our menu is recreated from Japan. Our raw ingredients are sourced from our global procurement chain,&rdquo; said <strong>Food &amp; Life Companies USA President Yosuke Tanaka.</strong></p>
<p>Although Sakabayashi Sushi Tavern is Food and Life&rsquo;s first foray in the country, the group has many years of international experience. With operations in eight countries, primarily in Asia, Food &amp; Life aims to generate $1.45 billion in overseas revenue by the end of the fiscal year 2026 by opening more conveyor-belt sushi restaurants in the United States.</p>
<p>&ldquo;Our priority is not limited to deploying our existing brand but also to discovering, developing, and expanding new brands and food-services formats through the reinforcement of our competitive advantages in ingredient development, procurement, and supply chain management,&rdquo; said <strong>Food &amp; Life Ltd. President and CEO Koichi Mizutome.</strong></p>
<p>Mizutome&rsquo;s confidence stems from the growing popularity of Japanese cuisine in the United States. In 2023, revenues of sushi restaurants in America grew by 4.5% and are expected to grow further, according to research firm IBIS World.</p>
<p>In the United States, ramen shops are also growing more popular as various Japanese chains, like Fukuoka and Ramen Santouka, plan to open more outlets across the country.</p>',
			'is_published' => true,
			'publication_date' => '2024-05-14',
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			'section_summary' => 'Boston's Japanese food scene got more diverse with the opening in April of Sakabayashi Sushi Tavern, a subsidiary of Japan's largest conveyor-belt sushi chain, Sushiro. The restaurant is the first investment of its parent company, Food & Life Co., in the United States. ',
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		'Articles' => array(
			'id' => '545695',
			'title' => 'Impostor Syndrome and The Incomplete Leader',
			'description_old' => null,
			'description' => 'Now that everyone's details, accomplishments, and track record are easily fact-checked and reviewed on the internet, there has been a rise in the number of anxiety-riddled executives. The same tool used for work productivity has also been a source of consternation.',
			'credit_id' => '48',
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			'url' => 'impostor-syndrome-and-the-incomplete-leader',
			'tags' => 'Leadership, Management, Impostor Syndrome',
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			'content' => '<p>The notion that &ldquo;leaders have to be flawless&rdquo; is starting to disappear. Access to unlimited information, a.k.a. the Internet, should have changed this perception ages ago.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-3-SG-Impostor-Syndrome.jpg" alt="" />
<figcaption class="image-caption">The workplace has evolved to become a more forgiving place for its leaders. (Illustration by Lianne Dominguez)</figcaption>
</figure>
<p>But now that everyone&rsquo;s details, accomplishments, and track record are easily fact-checked and reviewed on the internet, there has been a rise in the number of anxiety-riddled executives. The same tool used for work productivity has also been a source of consternation.</p>
<p>The pressure to have intellectual and interpersonal superiority is at an all-time high. According to the National Library of Medicine, impostor syndrome (IS) is a behavioral health phenomenon described as self-doubt of intellect, skills, or accomplishments among high-achieving individuals. Yes! The seemingly poised manager could be a fa&ccedil;ade.</p>
<p>Despite the tremendous pressure for perfection, an article in Harvard Business Review offers a solution to ease some caffeine-stimulated corporate minds. The authors, in praise of &ldquo;The Incomplete Leader,&rdquo; recommend embracing imperfections to strengthen one&rsquo;s leadership abilities. It also said that organizations were evolving to become more collaborative than hierarchical.</p>
<p>Decisions should often be made in the context of the open economy, therefore as no senior executive has a monopoly on knowledge. The overarching theme was that: Leaders should determine the right colleague to handle areas of their perceived weaknesses.&nbsp;</p>
<p>In fact, four leadership capabilities are developed during this process: sense-making, relating, visioning, and inventing.</p>
<p>Arguably, many teams have adopted the practice of &ldquo;excellence&rdquo; over &ldquo;perfection&rdquo;. The culture of excellence, while forgiving mistakes and considering personal limitations, does not absolve leaders and team members from giving their best.</p>
<p>Accepting the new demands and realities of a hybrid workplace, especially for leaders, will empower and not overwhelm the incomplete leader.</p>',
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			'id' => '545696',
			'title' => 'Brewing success: How leadership catapulted Paradox Brewery to new heights',
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			'description' => 'Paradox Brewery President and founder Paul Mrocka is widely credited for driving the New York-based to new levels of success through strategic planning, data-driven decision-making, and effective international partnerships.',
			'credit_id' => '48',
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			'url' => 'brewing-success-how-leadership-catapulted-paradox-brewery-to-new-heights',
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			'content' => '<p><strong>Paradox Brewery President and founder Paul Mrocka </strong>is widely credited for driving the New York-based to new levels of success through strategic planning, data-driven decision-making, and effective international partnerships.</p>
<p>According to Mrocka, data isn't just numbers at Paradox Brewery. It's a roadmap to success.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-3-NYNJ-Paradox-Brewery.jpg" alt="" />
<figcaption class="image-caption">Paradox Brewery President and founder Paul Mrocka</figcaption>
</figure>
<p>In an interview with GMI POST, Mrocka emphasized their reliance on Information Resources, Inc. (IRI) data to understand market trends, consumer preferences, and competitor strategies.</p>
<p>&ldquo;We're very competitive in our prices and a data-driven company. We tell stories with this data that we buy. And we use that data to go to the buyer and talk to them about it,&rdquo; he said.</p>
<p>By leveraging IRI&rsquo;s data, Paradox Brewery gains insights that shape its marketing strategies and product development, ensuring it stays ahead in the fiercely competitive craft beer market.</p>
<p>Paradox Brewery isn't afraid to think big either. </p>
<p>&ldquo;You have to put the time in. You have to show up and get face-to-face with these people because there has to be a degree of comfort on both sides of the arrangement to buy beer from the other side of the planet,&rdquo;<strong> Director of Operations Devon Hamilton </strong>said about plans to expand globally.</p>
<p>By nurturing strong relationships with international partners, Paradox Brewery secures distribution channels and builds a global brand presence, Hamilton also said.</p>
<p>For Paradox Brewery, success isn't just about reacting to market trends but about anticipating and shaping them. Through constant planning and adaptation, the company stays at the forefront of innovation, offering a diverse and appealing portfolio to its customers.</p>
<p>&ldquo;We all sit down, talk about what did well last year, what we think we should bring back for next year, what the upcoming trends are, and argue about what our portfolio will be,&rdquo; Hamilton said.</p>
<p>As Paradox Brewery expands both domestically and internationally, the skills and dedication of its leaders will ensure the New York brand remains a beloved brand in the craft beer industry.</p>',
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			'id' => '545697',
			'title' => 'What Cambodia's honey industry can teach businesses ',
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			'description' => 'In 2021, Cambodia's government awarded its first geographic indication (GI) label for the wild honey harvested in Mondulkiri Province. The protected GI label, granted to local products with distinctive regional qualities, has elevated the profile of Cambodian honey on the global stage.',
			'credit_id' => '48',
			'image' => null,
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			'url' => 'what-cambodias-honey-industry-can-teach-businesses',
			'tags' => 'Cambodia, Leadership, Management, Agriculture, Honey',
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			'content' => '<p>Cambodia&rsquo;s honey industry has experienced steady growth in recent years. In 2021, the government awarded its first geographic indication (GI) label for the wild honey harvested in Mondulkiri Province. The protected GI label, granted to local products with distinctive regional qualities, has elevated the profile of Cambodian honey on the global stage.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-3-CAMB-Honey.jpg" alt="" />
<figcaption class="image-caption">Cambodia Honey Association Executive Director Sem Sreytouch</figcaption>
</figure>
<p>Although varieties like Modulkiri money have been harvested in Cambodia for centuries, efforts to streamline and formalize the industry&rsquo;s value chain are relatively recent and spearheaded by the Cambodia Honey Association (CHA), the main advocacy group representing the sector&rsquo;s stakeholders.</p>
<p>In an interview with GMI POST, CHA underscored the necessary steps to invigorate the industry while providing insight into navigating business in an emerging market landscape.&nbsp;</p>
<p><strong>&nbsp;</strong></p>
<p><span style="font-family: helvetica; font-size: 18pt;"><strong>Collaboration over competition </strong></span></p>
<p><strong>&nbsp;</strong></p>
<p><strong>CHA Executive Director Sem Sreytouch </strong>emphasizes the importance of shifting industry stakeholders&rsquo; mindset from competition to collaboration.</p>
<p>&ldquo;One of our main advocacies is to enact a change in mindset among Cambodian honey growers, apiaries, and other stakeholders in the value chain. A united front is required to elevate the overall standards of the Cambodian honey industry&rdquo; she said.</p>
<p><strong>&nbsp;</strong></p>
<p><span style="font-family: helvetica; font-size: 18pt;"><strong>Prioritize capacity building</strong></span></p>
<p><strong>&nbsp;</strong></p>
<p><strong>Peter Batt, Ph.D of Curtin University,</strong> also a fellow of the International Horticultural Congress, stressed the need for education and capacity-building at the grassroots level in emerging markets like Cambodia.</p>
<p>&ldquo;A key aspect of addressing challenges in Cambodia, particularly within the honey industry, was capacity building of smallholder farmers and empowering those farmers with basic and practical skills to help them grasp what it takes to thrive in trade,&rdquo; he said.</p>
<p><strong>&nbsp;</strong></p>
<p><span style="font-size: 1*pt;"><strong><span style="font-family: helvetica;">Explore untapped resources</span> </strong></span></p>
<p>&nbsp;</p>
<p>CHA also highlighted Cambodia's rich geographic diversity as a wellspring of untapped potential for future GI labels, such as honey from the lesser-known Tonle Sap Lake region. <strong>Dr. Try Yong</strong>, a beekeeping expert and an advisor to the Royal Ministry of Agriculture, underscored Cambodia&rsquo;s abundance of untapped honey collection areas in the rest of the country.</p>
<p>&ldquo;Regions like Tone Sap Lake and the western coasts offer promising opportunities. Despite the vast forests from which much of our honey originates, many areas lack GI certification, signaling significant untapped potential and future business opportunities for our kingdom,&rdquo; he said.</p>',
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	(int) 4 => array(
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			'id' => '545692',
			'title' => 'Wisconsin to give multimillion tax incentive to Kikkoman for new expansion',
			'description_old' => null,
			'description' => 'Kikkoman Foods Inc. has broken ground for its third manufacturing plant in Jefferson County and an expansion to its existing plant in neighboring Walworth County, Wisconsin. To support this fresh investment, the Wisconsin Economic Development Corp. (WEDC) plans to provide the Japanese soy sauce maker up to $15.5 million in performance-based tax credits.',
			'credit_id' => '48',
			'image' => null,
			'image_caption' => null,
			'url' => 'wisconsin-to-give-multimillion-tax-incentive-to-kikkoman-for-new-expansion',
			'tags' => 'US, Japan, Wisconsin, Economic Development, Food',
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			'content' => '<p>Kikkoman Foods Inc. has broken ground for its third manufacturing plant in Jefferson County and an expansion to its existing plant in neighboring Walworth County, Wisconsin. To support this fresh investment, the <strong>Wisconsin Economic Development Corp. (WEDC)</strong> plans to provide the Japanese soy sauce maker up to $15.5 million in performance-based tax credits.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-3-Kikkoman-Wisconsin.jpg" alt="" />
<figcaption class="image-caption">Wisconsin Economic Development Corporation CEO and Secretary Missy Hughes (Source: Milwaukee Business Journal)</figcaption>
</figure>
<p>Kikkoman&rsquo;s expansion in Wisconsin will inject $800 million into the state&rsquo;s economy and create 83 new jobs over the next decade. The Walworth facility, opened in 1973, is the company&rsquo;s highest-producing soy sauce factory globally.</p>
<p>Meanwhile, the plant in Jefferson City is scheduled to start operations in 2026 and will focus on soy sauce-related products, like teriyaki sauce. Aside from enhancing efficiency and scalability, the facility will bolster Kikkoman&rsquo;s sustainability efforts by using renewable energy sources and equipment with lower CO2 emissions.</p>
<p><strong>WEDC Secretary and CEO Missy Hughes</strong> welcomed the announcement: &ldquo;Fifty years ago, Kikkoman made history by choosing Walworth, Wisconsin for its first international brewing plant. Now, by expanding its presence in Jefferson, Kikkoman is opening a new chapter in its history.&rdquo;</p>
<p><strong>Jefferson City Mayor Dale Oppermann</strong> expressed appreciation for Kikkoman&rsquo;s continued trust in the region: &ldquo;Kikkoman&rsquo;s decision to invest in Jefferson underscores the strength and appeal of our local food and beverage niche. We look forward to a long, prosperous partnership.&rdquo;</p>
<p>Meanwhile, <strong>Kikkoman Chair and honorary CEO Yuzauro Mogi </strong>said the company&rsquo;s choice of Wisconsin was rooted in several factors, among them its location, which provided convenient market access, as well as its skilled workforce, easy availability of raw materials, an abundance of clean water, the collaborative spirit of the local community.</p>
<p>&ldquo;We look forward to expanding our footprints in Wisconsin and establishing a supply chain with increased stability in North America,&rdquo; he also said.</p>
<p>Over the past five decades, Kikkoman has transformed rural Wisconsin through partnerships with the local community, donating more than $17 million to charitable organizations.</p>
<p>As one of the first production facilities set up by a Japanese company in the United States, the Walworth plant is seen as a valuable symbol of the close business and cultural partnership between the two countries.</p>
<p>&ldquo;Whether it&rsquo;s providing thousands of jobs, bolstering our economy or providing us and the world with phenomenal soy sauce, Kikkoman is doing good work across Wisconsin and the country. I am grateful for their continued partnership and expansion in Wisconsin,&rdquo; said <strong>Gov. Tony Evers</strong>.</p>',
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			'id' => '545693',
			'title' => 'New York wants more Japanese chipmakers in the state',
			'description_old' => null,
			'description' => 'Empire State Development (ESD), the umbrella organization for New York's two main economic development corporations, wants more Japanese chip industry suppliers to open operations in the state to support the upcoming manufacturing facilities of Micron Technology, the world's fourth-largest semiconductor company.',
			'credit_id' => '48',
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			'url' => 'new-york-wants-more-japanese-chipmakers-in-the-state',
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			'content' => '<p><strong>Empire State Development (ESD)</strong>, the umbrella organization for New York's two main economic development corporations, wants more Japanese chip industry suppliers to open operations in the state to support the upcoming manufacturing facilities of Micron Technology, the world&rsquo;s fourth-largest semiconductor company.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-3-Micron-NY.jpg" alt="" />
<figcaption class="image-caption">Empire State Development President Hope Knight (Source: Empire State Development)</figcaption>
</figure>
<p>&ldquo;Last year, we were able to attract Micron to central New York. With the large investment that Micron is making, $100 billion, we know that we have to build an ecosystem to support that activity. That's why we're here on this mission: to talk to Japanese firms, some of Micron's suppliers, to come and locate in New York,&rdquo; <strong>ESD President Hope Knight</strong> told Nikkei Asia.</p>
<p>While Knight did not name the companies she spoke to during her visit to Japan, she mentioned that some were &ldquo;very excited about the possibility&rdquo; of investing in the state.</p>
<p>Micron, the only memory and storage manufacturer in the United States, has announced plans to build a $100 billion &ldquo;mega fab,&rdquo; which will employ more than 9,000 people, near Syracuse in upstate New York.</p>
<p>Even before the CHIPS and Science Act became federal law in 2022, New York had unveiled its $10 billion program, called Green CHIPS, which offered tax incentives to chip manufacturers. Participants of Green CHIPS can benefit from zero corporate income tax rates and receive tax credits based on their capital spending and research and development expenditures.</p>
<p>&ldquo;We customize a package for you,&rdquo; said Knight, who emphasized that incentives are tailored based on various factors, like the number of jobs created and size of investment.</p>
<p>The ESD president highlighted the importance of bringing back chip manufacturing to the United States, citing national security concerns and geopolitical trends, and underscored New York's manufacturing legacy and its readiness to revive its manufacturing sector.</p>
<p>New York has prioritized chip manufacturing as a key industry for economic growth. Apart from IBM, 75 other semiconductor-related companies have made new investments in the state. And since the introduction of Green CHIPS, total investments have reached $112 billion.</p>
<p>On concerns surrounding the high cost of living and labor costs associated with New York City, Knight said that cities in upstate New York, such as Albany, Syracuse, Rochester and Buffalo, offer affordability and have cheaper sources of clean power.</p>
<p>As head of ESD, Knight works closely with Gov. Kathy Hochul in developing the state economy through various measures like financing, subsidies, and tax breaks. As of 2022, ESD has been involved in at least 190 projects.</p>',
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			'id' => '545694',
			'title' => 'Toyota unveils $1.4 billion investment in Indiana to make more electric vehicles',
			'description_old' => null,
			'description' => 'Toyota, the world's largest automaker, has announced a $1.4 billion expansion of its factory in the U.S. state of Indiana to produce electric vehicles (EVs) starting in 2026. With the new expansion, Toyota Motor Manufacturing Indiana will become the company's second EV production facility in the United States.',
			'credit_id' => '48',
			'image' => null,
			'image_caption' => null,
			'url' => 'toyota-unveils-14-billion-investment-in-indiana-to-make-more-electric-vehicles',
			'tags' => 'US, Japan, Indiana, Electric Vehicles',
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			'content' => '<p>Toyota, the world&rsquo;s largest automaker, has announced a $1.4 billion expansion of its factory in the U.S. state of Indiana to produce electric vehicles (EVs) starting in 2026. With the new expansion, Toyota Motor Manufacturing Indiana will become the company&rsquo;s second EV production facility in the United States.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-3-Toyota-EVs.jpg" alt="" />
<figcaption class="image-caption">Toyota Motor Manufacturing Indiana President Tim Hollander (Source: PR Newswire)</figcaption>
</figure>
<p>According to Nikkei Asia, the investment will create 340 new high-quality jobs and increase the company&rsquo;s total number of employees in Indiana to around 8,000. The expansion also raises</p>
<p>Toyota&rsquo;s total investment in the state to $8 billion, Green Car Congress reported. <br /><br />Toyota&rsquo;s decision to increase EV production comes amid a surge in demand for its hybrid models, said CBT News.</p>
<p>In April, Toyota reported record annual sales for the fiscal year ending in March, surpassing the 10 million-unit mark for the first time. Its hybrid models have played a major role in growing the company&rsquo;s market share over the past year.</p>
<p>Toyota&rsquo;s only other EV factory in the United States is in Kentucky. The facility Georgetown is due to begin operations next year.</p>
<p>"Since 2021, Toyota has announced new investments totaling $18.6 billion into its U.S. manufacturing operations to support electrification efforts," the company said.</p>',
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	(int) 7 => array(
		'Articles' => array(
			'id' => '545689',
			'title' => 'Singapore: A fertile ground for Edtech ',
			'description_old' => null,
			'description' => 'Globally, education technology (Edtech) is a rapidly growing sector. According to Precision Report's EdTech Market Research Report 2024, the global Edtech market size was valued at $115 billion in 2021 and is expected to reach $467 billion by 2027. ',
			'credit_id' => '48',
			'image' => null,
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			'url' => 'singapore-a-fertile-ground-for-edtech',
			'tags' => 'Japan, Singapore, Education',
			'is_rss' => false,
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			'content' => '<p>Globally, education technology (Edtech) is a rapidly growing sector. According to Precision Report&rsquo;s EdTech Market Research Report 2024, the global Edtech market size was valued at $115 billion in 2021 and is expected to reach $467 billion by 2027.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-2-SG-Education.jpg" alt="" />
<figcaption class="image-caption">Starting them young: Singapore's education system has gained admiration from around the world.</figcaption>
</figure>
<p>Singapore has stood out as one of the most fertile grounds for the sector&rsquo;s growth. The origins of Singapore&rsquo;s thriving Edtech sector can be traced back to 2014, when the country&rsquo;s national government enacted its Smart Nation initiative, which required schools to incorporate innovation and technology in the daily lives of Singaporean families.</p>
<p>According to UNESCO, the challenge for schools was to create meaningful learning experiences that reflected such integration, which meant that highly qualified faculty must constantly be engaged in research and innovation. Otherwise, how can one teach about advancements while experiencing none?</p>
<p>Since the enactment of the Smart Nation initiative, there have been more than 790 Edtech startups launched in Singapore. Today, the government continues to invest heavily in training its future labor pool. <br /><br />Aside from encouraging life-long learning, the city-state&rsquo;s government has also rolled out other initiatives to boost the growth of Edtech in Singapore, like an ICT masterplan, infrastructure upgrades, accelerator programs, increased connectivity in schools, and access to learning resources and opportunities for collaborations for schools and startups.</p>
<p>Those looking to start or invest in an Edtech venture will reap many benefits by betting on Singapore.</p>',
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			'id' => '545690',
			'title' => 'Columbia University seeks closer partnerships with Japan ',
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			'description' => 'The Japan Study Student Association at Columbia University's School of International and Public Affairs organized a visit to Japan in March to allow some of its members to learn more about the country's government, people, culture, and food.',
			'credit_id' => '48',
			'image' => null,
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			'url' => 'columbia-university-seeks-closer-partnerships-with-japan',
			'tags' => 'US, Japan, Education',
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			'content' => '<p>The Japan Study Student Association at <strong>Columbia University&rsquo;s School of International and Public Affairs </strong>organized a visit to Japan in March to allow some of its members to learn more about the country&rsquo;s government, people, culture, and food.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-2-NYNJ-JASSA-Education.jpg" alt="" />
<figcaption class="image-caption">JASSA representatives during their Japan trip</figcaption>
</figure>
<p>&ldquo;The Japan trip was a phenomenal opportunity not only from a career development perspective but also from a personal development perspective,&rdquo; JASSA Representative Daniel Alvarez said in an article posted on SIPA&rsquo;s website.</p>
<p>&ldquo;Speaking with top politicians, participating in cultural ceremonies, learning about critical events in Japan&rsquo;s history, experiencing the excellent cuisine, and enjoying the nightlife with new friends made for a very well-rounded trip and once-in-a-lifetime experience,&rdquo; Alvarez added.</p>
<p>For SIPA students who want to join future Japan trips, Alvarez encouraged fellow members to attend upcoming JASSA events so they can express their interest to the organizers. The trip was just one of many events of SIPA to bolster U.S.-Japan cooperation.</p>
<p>In June 2023<strong>, SIPA Dean Keren Yarhi-Milo</strong> visited the University of Tokyo's Graduate School of Public Policy, a fellow member of the Global Public Policy Network, where she held pivotal discussions to enhance cross-cultural exchange. <br /><br />In interviews with local media, including Nikkei Asia and TV Tokyo, Yarhi-Milo highlighted SIPA's commitment to integrating Japanese perspectives within its academic community.</p>
<p>&ldquo;We want our students and our faculty to be involved and engaged with Japan,&rdquo; said Yarhi-Milo as she recognized the country&rsquo;s significant economic and strategic influence in East Asia.</p>',
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	(int) 9 => array(
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			'id' => '545691',
			'title' => '3 reasons Japan-Cambodia education partnerships are thriving',
			'description_old' => null,
			'description' => 'As Cambodia and Japan commemorate 70 years of diplomatic relations, the two nations look forward to a new era in their partnership as they seek fresh fields of collaboration. More and more Japanese recognize Cambodia's untapped potential and hope to play a role in the development of its population.',
			'credit_id' => '48',
			'image' => null,
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			'url' => '3-reasons-japan-cambodia-education-partnerships-are-thriving',
			'tags' => 'Japan, Cambodia, Education',
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			'content' => '<p>As Cambodia and Japan commemorate 70 years of diplomatic relations, the two nations look forward to a new era in their partnership as they seek fresh fields of collaboration. More and more Japanese recognize Cambodia&rsquo;s untapped potential and hope to play a role in the development of its population.</p>
<p>For instance, the increased prominence of the <strong>Institute of Technology of Cambodia </strong>among the expatriate population reveals three key reasons Cambodia&rsquo;s educational landscape has attracted the attention of the Japanese community.</p>
<p>&nbsp;</p>
<p><span style="font-family: helvetica; font-size: 16pt;"><strong>The population is young, growing and mobile</strong></span></p>
<p>&nbsp;</p>
<p>CiteSeerX reports that nearly 70% of Cambodians are 29-years old and younger. <br /><br />&ldquo;Among Cambodia&rsquo;s younger generation, the literacy rate is reported to be quite high because of increasing opportunities for education. The gender gap among young adults is not so substantial, although some age group differences exist,&rdquo; Japan International Cooperation Agency said in its 2023 Country Study.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-2-CAMB-Japan-Education.jpg" alt="" />
<figcaption class="image-caption">Institute of Technology of Cambodia Rector Dr. Po Kimtho (left) and Kanazawa University President Takashi Wada (right)</figcaption>
</figure>
<p>&ldquo;This implies that very well-targeted literacy education by age, sex, geography, time of the class, and contents of the class will likely bring about significant domestic and foreign partnerships in Cambodia&rsquo;s education sector,&rdquo; the study added.An example of such a partnership is that between ITC and Panasonic Cambodia. ITC is one of only two institutions in the kingdom to receive scholarships from Panasonic Cambodia, the local subsidiary of Japanese tech giant Panasonic Group. Panasonic Cambodia Country Head Yosunoby Matsumoto said the initiative will be a means to &ldquo;maximize workforce potential, fostering growth, and nurturing the next generation of leaders.&rdquo;</p>
<p>According to Matsumoto, Panasonic Cambodia recognizes the talented local science and technology students and continues to invest in their capacity building to develop the next generation of technology business leaders that will allow them to participate in a global economy.</p>
<p><strong>&nbsp;</strong></p>
<p><span style="font-size: 16pt;"><strong><span style="font-family: helvetica;">It is open to international collaboration</span> </strong></span></p>
<p>&nbsp;</p>
<p>Cambodia is home to more than 128 higher education institutions, at least 45 of which (including ITC) have active international partnerships with universities and organizations abroad. ITC&rsquo;s outreach activities have helped position itself as an ideal partner for Japanese ventures.</p>
<p>Last year, the deputy director of ITC, along with six other academic delegates, visited the Tokyo Institute of Technology (Tokyo Tech), to partake in the training course &ldquo;Project for Strengthening Engineering Education and Research for Industrial Development in Cambodia,&rdquo; organized by JICA.</p>
<p>Subsequently, JICA formalized an agreement with ITC to strengthen engineering education and research in industrial development in Cambodia</p>
<p>&nbsp;</p>
<p><span style="font-family: helvetica; font-size: 16pt;"><strong>A growing vocationally and technically proficient workforce</strong></span></p>
<p>&nbsp;</p>
<p>&ldquo;Strengthening technical and vocational training is pivotal to attracting Japanese investment in Cambodia,&rdquo; said Labor and Vocational Training Minister Heng Sour, who urged JICA to persist in developing human resources in these domains, a statement that JICA President Sanui Kazumasa agreed with.</p>
<p>ITC, a partner of JICA, produces approximately 3,700 undergraduate and graduate students specializing in science, technology, and engineering.</p>',
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	(int) 10 => array(
		'Articles' => array(
			'id' => '545686',
			'title' => 'Japan's JERA and Inpex to invest in separate U.S. ammonia projects',
			'description_old' => null,
			'description' => 'To bolster Japan's clean energy initiatives, two major Japanese energy companies, JERA and Inpex, are preparing to invest in separate projects in the United States that will produce ammonia for clean-burning power generation in Japan, Nikkei Asia reports. ',
			'credit_id' => '48',
			'image' => null,
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			'url' => 'japans-jera-and-inpex-to-invest-in-separate-us-ammonia-projects',
			'tags' => 'US, Japan, Investment, Green Energy',
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			'content' => '<p>To bolster Japan's clean energy initiatives, two major Japanese energy companies,<strong> JERA</strong> and <strong>Inpex</strong>, are preparing to invest in separate projects in the United States that will produce ammonia for clean-burning power generation in Japan, Nikkei Asia reports.</p>
<figure class="image-container floated-right" style="float: right;"><img class="align-right" src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-2-JERA-and-Inpex.jpg" alt="" />
<figcaption class="image-caption">Inpex President Takayuki Ueda</figcaption>
</figure>
<p><strong>JERA Global CEO and Chair Yukio Kani </strong>and<strong> Inpex President Takayuki Ueda</strong> confirmed the investments with local U.S. media at the CERAWeek 2024 energy industry conference held in Houston, Texas.</p>
<p>JERA, a joint venture between Tokyo Electric Power and Chubu Electric Power, announced its partnership with Oklahoma-based green energy company, Greenfield Energy. Together, they will build a facility in Louisiana to produce green ammonia using renewable energy sources.</p>
<p>Kani also confirmed to media that JERA will hire more people at its U.S. arm, aiming to expand the workforce by 30% after a year to around 250 employees.</p>
<p>On the other hand, Inpex, a leading oil and gas exploration and production company, is exploring opportunities in Texas to establish its own ammonia production facility.</p>
<p>According to Nikkei Asia, Inpex plans to produce 1.1 million tons of ammonia annually in Houston by 2027.</p>
<p>The investments by JERA and Inpex mark significant milestones in Japan's quest for cleaner energy alternatives.</p>',
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	(int) 11 => array(
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			'id' => '545687',
			'title' => 'Kishida visits North Carolina: Why is it groundbreaking?',
			'description_old' => null,
			'description' => 'To promote Japanese contribution to the United States' investment landscape, Prime Minister Fumio Kishida visited North Carolina in April to tour the site of Toyota Motor Corp.'s electric and hybrid battery plant in the city of Greensboro.',
			'credit_id' => '48',
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			'url' => 'kishidas-visits-north-carolina-why-is-it-groundbreaking',
			'tags' => 'US, Japan, Investment, Electric Vehicles',
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			'content' => '<p>To promote Japanese contribution to the United States&rsquo; investment landscape, <strong>Prime Minister Fumio Kishida</strong> visited North Carolina in April to tour the site of Toyota Motor Corp.&rsquo;s electric and hybrid battery plant in the city of Greensboro.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-2-Kishida-Visit-to-NC.jpg" alt="" />
<figcaption class="image-caption">Japanese Prime Minister Fumio Kishida (center) visits Toyota's EV battery plant being built in North Carolina. (Photo source: Nikkei Asia)</figcaption>
</figure>
<p>Kishida&rsquo;s visit marked a historic moment in U.S.-Japan relations because it was the first time since 1891 that a foreign head of state visited the governor&rsquo;s mansion and the first time in a decade that a Japanese prime minister visited the state.</p>
<p>&ldquo;I am honored to be here in North Carolina to showcase the multilayered and strong ties between the United States and Japan,&rdquo; Kishida told guests at the luncheon at the state governor&rsquo;s mansion. He also lauded North Carolina for being a state &ldquo;at the forefront of the times.&rdquo;</p>
<p>Japan remains North Carolina&rsquo;s largest foreign direct investor, employing over 30,000 people in over 200 Japanese companies.</p>
<p>According to the Environmental Defense Fund, North Carolina leads all U.S. states in electric vehicle (EV) investment, attracting over $19 billion in the past year. This is attributed to its world-class infrastructure, skilled workforce, and favorable local policies.</p>
<p>Capitalizing on that environment, Japanese automakers have expanded their EV production capacity in the state. Toyota invested an additional $8 billion in its Greensboro battery plant, raising its total capital investment to around $14 billion and generating more than 5,000 new jobs.</p>
<p>Chiaki Takagi, a Japanese studies lecturer at the University of North Carolina Greensboro, highlighted the significance of Kishida&rsquo;s visit: &ldquo;This whole thing will provide the area with opportunities to be engaged in very active cultural exchange between Japan and the U.S.&rdquo;</p>',
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			'title' => 'Renowned U.S. chip designer wants to end Nvidia's global dominance',
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			'description' => 'Tenstorrent CEO Jim Keller, who worked for Intel, AMD and Tesla, said in an interview with Nikkei Asia that he wants to lower the price of AI applications by designing chips that are more efficient than Nvidia's and, in the process, end the American giant's global market dominance.',
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			'content' => '<p><strong>Tenstorrent CEO Jim Keller</strong>, who worked for Intel, AMD and Tesla, said in an interview with Nikkei Asia that he wants to lower the price of AI applications by designing chips that are more efficient than Nvidia's and, in the process, end the American giant&rsquo;s global market dominance.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-13-Tenstorrent.jpg" alt="" />
<figcaption class="image-caption">Tenstorrent CEO Jim Keller (Photo source: Tenstorrent)</figcaption>
</figure>
<p>Headquartered in Toronto, Tenstorrent has offices in Austin, Texas and Santa Clara, California, as well as in Belgrade, Tokyo, Bangalore, and Seoul. The company claims to be developing AI processors that perform as efficiently as Nvidia's AI GPUs but at a lower cost.</p>
<p>At present, Nvidia is the global market leader when it comes to AI chips. Its AI accelerators command between 70% and 95% of the global market share, according to CNBC.</p>
<p>Keller also said in the interview that Tenstorrent hopes to sell its second-generation multipurpose AI chip by the end of this year.</p>
<p>According to Keller, Tenstorrent can achieve its objective because it does not use high-bandwidth memory (HBM), a popular type of advanced memory chip capable of transferring large amounts of data quickly. HBM is a vital component for generative AI chips and has played a significant role in the success of Nvidia's offerings.</p>
<p>But Keller pointed out that HBM was also one of the culprits behind the massive energy consumption and high prices of AI chips.</p>
<p>"Even the people that use HBM struggle with the cost of it, [and] the design time to build it,&rdquo; 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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			'title' => 'ITOCHU to take part in Taiwan's smart city project ',
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			'description' => 'Tokyo-based trading giant ITOCHU secured a contract to develop and test AI systems that will help run the transportation network and energy infrastructure of a future smart city project in southern Taiwan, according to a company press release.',
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			'content' => '<p>Tokyo-based trading giant <strong>ITOCHU</strong> secured a contract to develop and test AI systems that will help run the transportation network and energy infrastructure of a future smart city project in southern Taiwan, according to a company press release.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-13-ITOCHU-Taiwan.jpg" alt="" />
<figcaption class="image-caption">ITOCHU plans to roll out AI-powered buses for Taiwan's new smart city project in Tainan. (Photo source: Nikkei Asia)</figcaption>
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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&rsquo;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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			'title' => 'Melexis opens its largest wafer testing site in Malaysia',
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			'description' => 'Belgium-based supplier of semiconductor solutions Melexis has opened its largest wafer testing site worldwide in Kuching in the Malaysian state of Sarawak to strengthen its presence in Asia-Pacific and meet the rising demand for semiconductors around the world, according to a company announcement.',
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			'content' => '<p>Belgium-based supplier of semiconductor solutions <strong>Melexis</strong> has opened its largest wafer testing site worldwide in Kuching in the Malaysian state of Sarawak to strengthen its presence in Asia-Pacific and meet the rising demand for semiconductors around the world, according to a company announcement.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-13-Melexis.jpg" alt="" />
<figcaption class="image-caption">Melexis' new 70 million-euro facility in Kuching is a nod to the local architectural design. (Photo source: Melexis)</figcaption>
</figure>
<p>Wafer testing is part of the manufacturing process wherein all individual integrated circuits are checked for functional defects through special test patterns.</p>
<p>According to Melexis, its expansion in Malaysia is a strategic move to streamline logistics and reduce its ecological footprint. Additionally, it selected Kuching because of its diverse, multilingual, entrepreneurial and highly skilled workforce.</p>
<p><strong>Melexis CEO Marc Biron </strong>said, &ldquo;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.&rdquo;</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&rsquo;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>&ldquo;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,&rdquo; <strong>Sarawak&rsquo;s Ministry of International Trade, Industry and Investment </strong>said in a statement<strong>.</strong></p>
<p>&ldquo;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,&rdquo; the statement also said.</p>',
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			'title' => 'ITOCHU invests in U.S. hydrogen aircraft engine maker ZeroAvia',
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			'description' => 'Japanese trading giant ITOCHU announced this month it had invested in ZeroAvia, a British-American maker of hydrogen-electric engines for aircraft, according to a company statement.',
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			'content' => '<p>Japanese trading giant <strong>ITOCHU</strong> announced this month it had invested in <strong>ZeroAvia</strong>, a British-American maker of hydrogen-electric engines for aircraft, according to a company statement.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-13-Itochu-ZeroAvia.jpg" alt="" />
<figcaption class="image-caption">An aircraft powered by ZeroAvia's hydrogen-electric engines (Photo source: ZeroAvia)</figcaption>
</figure>
<p>Founded in 2018, ZeroAvia describes itself as &ldquo;a team of passionate innovators dedicated to bringing safe, zero-emission flight to aviation.&rdquo; The company claims its hydrogen-electric propulsion systems are &ldquo;the most environmentally friendly and economically attractive solution to aviation&rsquo;s growing climate change impact.&rdquo;</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&rsquo;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&rsquo;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>
</figure>
<p>&ldquo;Congratulations to Virginia on being named America&rsquo;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,&rdquo; 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&rsquo;s 10 categories this year, &ldquo;a rare feat,&rdquo; 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&rsquo;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&rsquo;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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			'description' => 'The U.S. subsidiary of Japanese group FANUC, one of the world's largest makers of industrial robots, has opened a $110 million facility in Michigan to store, sell and maintain made-in-Japan industrial robots for North American customers, according to a statement from FANUC America.',
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			'content' => '<p>The U.S. subsidiary of Japanese group <strong>FANUC</strong>, one of the world&rsquo;s largest makers of industrial robots, has opened a $110 million facility in Michigan to store, sell and maintain made-in-Japan industrial robots for North American customers, according to a statement from FANUC America.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-13-FANUC.jpg" alt="" />
<figcaption class="image-caption">Michigan Gov. Gretchen Whitmer (center) with senior officers of FANUC America at its West Campus. (Photo source: FANUC America)</figcaption>
</figure>
<p>The new 650,000-square-foot facility was inaugurated on July 10 and is located in FANUC America&rsquo;s West Campus in Auburn Hills, Michigan. The expansion increases the company&rsquo;s footprint in Michigan to over 2 million square feet and is part of FANUC America&rsquo;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,&rdquo; <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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			'title' => 'NY-based AI med tech startup raises $50 million',
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			'description' => 'K Health, a leading AI-driven primary care company that provides 24/7 virtual primary care solutions through its mobile app, announced this month that it had raised $50 million in funding led by Claure Group with participation from investors, including Pablo Legorreta (founder and CEO of Royalty Pharma) and Mangrove Capital Partners, Valor Equity Partners, and Atreides Management.',
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			'content' => '<p><strong>K Health</strong>, a leading AI-driven primary care company that provides 24/7 virtual primary care solutions through its mobile app, announced this month that it had raised $50 million in funding led by Claure Group with participation from investors, including Pablo Legorreta (founder and CEO of Royalty Pharma) and Mangrove Capital Partners, Valor Equity Partners, and Atreides Management.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-12-NYNJ-K-Health-Alan-Bloch.jpg" alt="" />
<figcaption class="image-caption">K Health founder and CEO Allon Bloch (Photo source: K Health)</figcaption>
</figure>
<p>K Health said in the same statement that it had been developing its own AI technology for more than seven years. Today, it can provide 24/7 virtual primary care solutions to millions of people in the United States.</p>
<p>The K Health platform includes clinical-grade medical chat and AI predictive models based on large datasets to help physicians optimize diagnosis and treatment and focus on patient care.</p>
<p>Instead of doctors taking patients through lengthy procedures and manually piecing together their medical history from electronic medical records, K Health allows healthcare providers to engage more quickly and closely with patients by giving them a complete medical chart with patient insights straight from the app.</p>
<p>According to K Health, this new model of care delivery achieves dramatically higher quality of care at lower costs compared to traditional primary care.</p>
<p>&ldquo;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,&rdquo; explained<strong> K Health founder and CEO Allon Bloch.</strong></p>
<p>&ldquo;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,&rdquo; 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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			'title' => 'Canadian group seeks more investment opportunities in Cambodia',
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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>
</figure>
<p>During the meeting, Manet pointed out that the <strong>Cambodia Chamber of Commerce</strong> had two representative offices in Canada (Toronto and Montreal) that promote bilateral trade and assist exporters and importers in their two countries.</p>
<p>&ldquo;Shim&rsquo;s visit will further contribute to the promotion of trade relations between Cambodia and Canada,&rdquo; 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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			'title' => 'Singapore's National University Hospital unveils trauma care center',
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			'description' => 'National University Hospital (NUH), the main teaching hospital of the country's top-ranking National University of Singapore, announced this month the opening of a center focused on providing trauma care to vulnerable groups, particularly children, older adults, and migrant workers.',
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			'content' => '<p><strong>National University Hospital (NUH)</strong>, the main teaching hospital of the country&rsquo;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>&ldquo;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,&rdquo; 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&rsquo;s only pediatric kidney and liver transplant program.</p>',
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			'executive_last_name_old' => null,
			'executive_last_name' => '',
			'executive_position' => '',
			'is_featured' => true,
			'is_lead_article' => false,
			'is_blog' => false,
			'created_user_id' => '1',
			'is_pinned' => true,
			'is_intheloop' => true,
			'sort_order' => '0'
		),
		'Source' => array(
			'id' => '3',
			'name' => 'GMI Post',
			'type' => '1',
			'url' => 'http://www.gmipost.com',
			'is_active' => true,
			'urls_count' => '0',
			'date_created' => null,
			'date_modified' => null
		),
		'SpecialFeature' => array(
			'id' => '124',
			'title' => 'Singapore 2024',
			'description' => '',
			'url' => 'singapore-2024',
			'place' => '',
			'tags' => '',
			'is_published' => false,
			'visible_upcoming_links' => false,
			'pdf_path' => null,
			'pdf_preview_path' => null,
			'source_id' => null,
			'small_image' => null,
			'left_block_image' => null,
			'main_image' => null,
			'header_image' => null,
			'content' => '',
			'publication_date' => '2024-04-25',
			'creation_date' => '2024-04-25',
			'is_active' => true,
			'participant_count' => '0',
			'source_custom_url' => '',
			'digital_link' => '',
			'pdf_path_2' => null,
			'pdf_preview_path_2' => null
		),
		'Section' => array(
			'id' => null,
			'special_feature_id' => null,
			'name' => null,
			'url' => null,
			'is_active' => null
		),
		'Authors' => array()
	)
)
$latest_special_features = array(
	'latest_six' => array(
		(int) 0 => array(
			'SpecialFeature' => array(
				[maximum depth reached]
			)
		),
		(int) 1 => array(
			'SpecialFeature' => array(
				[maximum depth reached]
			)
		),
		(int) 2 => array(
			'SpecialFeature' => array(
				[maximum depth reached]
			)
		),
		(int) 3 => array(
			'SpecialFeature' => array(
				[maximum depth reached]
			)
		),
		(int) 4 => array(
			'SpecialFeature' => array(
				[maximum depth reached]
			)
		),
		(int) 5 => array(
			'SpecialFeature' => array(
				[maximum depth reached]
			)
		)
	),
	'others' => array(
		(int) 0 => array(
			'SpecialFeature' => array(
				[maximum depth reached]
			)
		),
		(int) 1 => array(
			'SpecialFeature' => array(
				[maximum depth reached]
			)
		),
		(int) 2 => array(
			'SpecialFeature' => array(
				[maximum depth reached]
			)
		),
		(int) 3 => array(
			'SpecialFeature' => array(
				[maximum depth reached]
			)
		),
		(int) 4 => array(
			'SpecialFeature' => array(
				[maximum depth reached]
			)
		),
		(int) 5 => array(
			'SpecialFeature' => array(
				[maximum depth reached]
			)
		),
		(int) 6 => array(
			'SpecialFeature' => array(
				[maximum depth reached]
			)
		),
		(int) 7 => array(
			'SpecialFeature' => array(
				[maximum depth reached]
			)
		),
		(int) 8 => array(
			'SpecialFeature' => array(
				[maximum depth reached]
			)
		),
		(int) 9 => array(
			'SpecialFeature' => array(
				[maximum depth reached]
			)
		),
		(int) 10 => array(
			'SpecialFeature' => array(
				[maximum depth reached]
			)
		),
		(int) 11 => array(
			'SpecialFeature' => array(
				[maximum depth reached]
			)
		),
		(int) 12 => array(
			'SpecialFeature' => array(
				[maximum depth reached]
			)
		),
		(int) 13 => array(
			'SpecialFeature' => array(
				[maximum depth reached]
			)
		),
		(int) 14 => array(
			'SpecialFeature' => array(
				[maximum depth reached]
			)
		),
		(int) 15 => array(
			'SpecialFeature' => array(
				[maximum depth reached]
			)
		),
		(int) 16 => array(
			'SpecialFeature' => array(
				[maximum depth reached]
			)
		),
		(int) 17 => array(
			'SpecialFeature' => array(
				[maximum depth reached]
			)
		),
		(int) 18 => array(
			'SpecialFeature' => array(
				[maximum depth reached]
			)
		),
		(int) 19 => array(
			'SpecialFeature' => array(
				[maximum depth reached]
			)
		),
		(int) 20 => array(
			'SpecialFeature' => array(
				[maximum depth reached]
			)
		),
		(int) 21 => array(
			'SpecialFeature' => array(
				[maximum depth reached]
			)
		),
		(int) 22 => array(
			'SpecialFeature' => array(
				[maximum depth reached]
			)
		),
		(int) 23 => array(
			'SpecialFeature' => array(
				[maximum depth reached]
			)
		),
		(int) 24 => array(
			'SpecialFeature' => array(
				[maximum depth reached]
			)
		),
		(int) 25 => array(
			'SpecialFeature' => array(
				[maximum depth reached]
			)
		),
		(int) 26 => array(
			'SpecialFeature' => array(
				[maximum depth reached]
			)
		),
		(int) 27 => array(
			'SpecialFeature' => array(
				[maximum depth reached]
			)
		),
		(int) 28 => array(
			'SpecialFeature' => array(
				[maximum depth reached]
			)
		),
		(int) 29 => array(
			'SpecialFeature' => array(
				[maximum depth reached]
			)
		),
		(int) 30 => array(
			'SpecialFeature' => array(
				[maximum depth reached]
			)
		),
		(int) 31 => array(
			'SpecialFeature' => array(
				[maximum depth reached]
			)
		),
		(int) 32 => array(
			'SpecialFeature' => array(
				[maximum depth reached]
			)
		),
		(int) 33 => array(
			'SpecialFeature' => array(
				[maximum depth reached]
			)
		),
		(int) 34 => array(
			'SpecialFeature' => array(
				[maximum depth reached]
			)
		),
		(int) 35 => array(
			'SpecialFeature' => array(
				[maximum depth reached]
			)
		),
		(int) 36 => array(
			'SpecialFeature' => array(
				[maximum depth reached]
			)
		),
		(int) 37 => array(
			'SpecialFeature' => array(
				[maximum depth reached]
			)
		),
		(int) 38 => array(
			'SpecialFeature' => array(
				[maximum depth reached]
			)
		),
		(int) 39 => array(
			'SpecialFeature' => array(
				[maximum depth reached]
			)
		),
		(int) 40 => array(
			'SpecialFeature' => array(
				[maximum depth reached]
			)
		),
		(int) 41 => array(
			'SpecialFeature' => array(
				[maximum depth reached]
			)
		),
		(int) 42 => array(
			'SpecialFeature' => array(
				[maximum depth reached]
			)
		),
		(int) 43 => array(
			'SpecialFeature' => array(
				[maximum depth reached]
			)
		),
		(int) 44 => array(
			'SpecialFeature' => array(
				[maximum depth reached]
			)
		),
		(int) 45 => array(
			'SpecialFeature' => array(
				[maximum depth reached]
			)
		),
		(int) 46 => array(
			'SpecialFeature' => array(
				[maximum depth reached]
			)
		),
		(int) 47 => array(
			'SpecialFeature' => array(
				[maximum depth reached]
			)
		),
		(int) 48 => array(
			'SpecialFeature' => array(
				[maximum depth reached]
			)
		),
		(int) 49 => array(
			'SpecialFeature' => array(
				[maximum depth reached]
			)
		),
		(int) 50 => array(
			'SpecialFeature' => array(
				[maximum depth reached]
			)
		),
		(int) 51 => array(
			'SpecialFeature' => array(
				[maximum depth reached]
			)
		),
		(int) 52 => array(
			'SpecialFeature' => array(
				[maximum depth reached]
			)
		),
		(int) 53 => array(
			'SpecialFeature' => array(
				[maximum depth reached]
			)
		),
		(int) 54 => array(
			'SpecialFeature' => array(
				[maximum depth reached]
			)
		),
		(int) 55 => array(
			'SpecialFeature' => array(
				[maximum depth reached]
			)
		),
		(int) 56 => array(
			'SpecialFeature' => array(
				[maximum depth reached]
			)
		),
		(int) 57 => array(
			'SpecialFeature' => array(
				[maximum depth reached]
			)
		),
		(int) 58 => array(
			'SpecialFeature' => array(
				[maximum depth reached]
			)
		),
		(int) 59 => array(
			'SpecialFeature' => array(
				[maximum depth reached]
			)
		),
		(int) 60 => array(
			'SpecialFeature' => array(
				[maximum depth reached]
			)
		),
		(int) 61 => array(
			'SpecialFeature' => array(
				[maximum depth reached]
			)
		),
		(int) 62 => array(
			'SpecialFeature' => array(
				[maximum depth reached]
			)
		),
		(int) 63 => array(
			'SpecialFeature' => array(
				[maximum depth reached]
			)
		),
		(int) 64 => array(
			'SpecialFeature' => array(
				[maximum depth reached]
			)
		),
		(int) 65 => array(
			'SpecialFeature' => array(
				[maximum depth reached]
			)
		),
		(int) 66 => array(
			'SpecialFeature' => array(
				[maximum depth reached]
			)
		),
		(int) 67 => array(
			'SpecialFeature' => array(
				[maximum depth reached]
			)
		),
		(int) 68 => array(
			'SpecialFeature' => array(
				[maximum depth reached]
			)
		),
		(int) 69 => array(
			'SpecialFeature' => array(
				[maximum depth reached]
			)
		),
		(int) 70 => array(
			'SpecialFeature' => array(
				[maximum depth reached]
			)
		),
		(int) 71 => array(
			'SpecialFeature' => array(
				[maximum depth reached]
			)
		),
		(int) 72 => array(
			'SpecialFeature' => array(
				[maximum depth reached]
			)
		),
		(int) 73 => array(
			'SpecialFeature' => array(
				[maximum depth reached]
			)
		),
		(int) 74 => array(
			'SpecialFeature' => array(
				[maximum depth reached]
			)
		),
		(int) 75 => array(
			'SpecialFeature' => array(
				[maximum depth reached]
			)
		),
		(int) 76 => array(
			'SpecialFeature' => array(
				[maximum depth reached]
			)
		),
		(int) 77 => array(
			'SpecialFeature' => array(
				[maximum depth reached]
			)
		),
		(int) 78 => array(
			'SpecialFeature' => array(
				[maximum depth reached]
			)
		),
		(int) 79 => array(
			'SpecialFeature' => array(
				[maximum depth reached]
			)
		),
		(int) 80 => array(
			'SpecialFeature' => array(
				[maximum depth reached]
			)
		),
		(int) 81 => array(
			'SpecialFeature' => array(
				[maximum depth reached]
			)
		),
		(int) 82 => array(
			'SpecialFeature' => array(
				[maximum depth reached]
			)
		),
		(int) 83 => array(
			'SpecialFeature' => array(
				[maximum depth reached]
			)
		),
		(int) 84 => array(
			'SpecialFeature' => array(
				[maximum depth reached]
			)
		),
		(int) 85 => array(
			'SpecialFeature' => array(
				[maximum depth reached]
			)
		),
		(int) 86 => array(
			'SpecialFeature' => array(
				[maximum depth reached]
			)
		),
		(int) 87 => array(
			'SpecialFeature' => array(
				[maximum depth reached]
			)
		),
		(int) 88 => array(
			'SpecialFeature' => array(
				[maximum depth reached]
			)
		),
		(int) 89 => array(
			'SpecialFeature' => array(
				[maximum depth reached]
			)
		),
		(int) 90 => array(
			'SpecialFeature' => array(
				[maximum depth reached]
			)
		),
		(int) 91 => array(
			'SpecialFeature' => array(
				[maximum depth reached]
			)
		),
		(int) 92 => array(
			'SpecialFeature' => array(
				[maximum depth reached]
			)
		),
		(int) 93 => array(
			'SpecialFeature' => array(
				[maximum depth reached]
			)
		),
		(int) 94 => array(
			'SpecialFeature' => array(
				[maximum depth reached]
			)
		),
		(int) 95 => array(
			'SpecialFeature' => array(
				[maximum depth reached]
			)
		),
		(int) 96 => array(
			'SpecialFeature' => array(
				[maximum depth reached]
			)
		),
		(int) 97 => array(
			'SpecialFeature' => array(
				[maximum depth reached]
			)
		),
		(int) 98 => array(
			'SpecialFeature' => array(
				[maximum depth reached]
			)
		),
		(int) 99 => array(
			'SpecialFeature' => array(
				[maximum depth reached]
			)
		),
		(int) 100 => array(
			'SpecialFeature' => array(
				[maximum depth reached]
			)
		)
	)
)
$categories = array(
	(int) 0 => array(
		'Category' => array(
			'id' => '7',
			'name' => 'Special Reports',
			'url' => 'special-features',
			'parent_id' => null,
			'description' => 'Special Reports',
			'is_active' => true,
			'is_menu' => true,
			'sort' => '5',
			'is_main' => false,
			'article_count' => '0',
			'keyword_count' => '0',
			'lft' => '11',
			'rght' => '12',
			'custom_url' => '/special-features.html',
			'is_category' => false
		),
		'Keywords' => array()
	)
)
$footer_latest_special_features = array(
	'latest_nine' => array(
		(int) 0 => array(
			(int) 0 => array(
				[maximum depth reached]
			),
			(int) 1 => array(
				[maximum depth reached]
			),
			(int) 2 => array(
				[maximum depth reached]
			),
			(int) 3 => array(
				[maximum depth reached]
			),
			(int) 4 => array(
				[maximum depth reached]
			)
		),
		(int) 1 => array(
			(int) 0 => array(
				[maximum depth reached]
			),
			(int) 1 => array(
				[maximum depth reached]
			),
			(int) 2 => array(
				[maximum depth reached]
			),
			(int) 3 => array(
				[maximum depth reached]
			),
			(int) 4 => array(
				[maximum depth reached]
			)
		)
	),
	'others' => array(
		(int) 0 => array(
			(int) 0 => array(
				[maximum depth reached]
			),
			(int) 1 => array(
				[maximum depth reached]
			),
			(int) 2 => array(
				[maximum depth reached]
			),
			(int) 3 => array(
				[maximum depth reached]
			),
			(int) 4 => array(
				[maximum depth reached]
			),
			(int) 5 => array(
				[maximum depth reached]
			),
			(int) 6 => array(
				[maximum depth reached]
			),
			(int) 7 => array(
				[maximum depth reached]
			),
			(int) 8 => array(
				[maximum depth reached]
			),
			(int) 9 => array(
				[maximum depth reached]
			),
			(int) 10 => array(
				[maximum depth reached]
			),
			(int) 11 => array(
				[maximum depth reached]
			),
			(int) 12 => array(
				[maximum depth reached]
			),
			(int) 13 => array(
				[maximum depth reached]
			),
			(int) 14 => array(
				[maximum depth reached]
			),
			(int) 15 => array(
				[maximum depth reached]
			),
			(int) 16 => array(
				[maximum depth reached]
			),
			(int) 17 => array(
				[maximum depth reached]
			),
			(int) 18 => array(
				[maximum depth reached]
			),
			(int) 19 => array(
				[maximum depth reached]
			),
			(int) 20 => array(
				[maximum depth reached]
			),
			(int) 21 => array(
				[maximum depth reached]
			),
			(int) 22 => array(
				[maximum depth reached]
			),
			(int) 23 => array(
				[maximum depth reached]
			),
			(int) 24 => array(
				[maximum depth reached]
			),
			(int) 25 => array(
				[maximum depth reached]
			),
			(int) 26 => array(
				[maximum depth reached]
			),
			(int) 27 => array(
				[maximum depth reached]
			),
			(int) 28 => array(
				[maximum depth reached]
			),
			(int) 29 => array(
				[maximum depth reached]
			),
			(int) 30 => array(
				[maximum depth reached]
			),
			(int) 31 => array(
				[maximum depth reached]
			),
			(int) 32 => array(
				[maximum depth reached]
			),
			(int) 33 => array(
				[maximum depth reached]
			),
			(int) 34 => array(
				[maximum depth reached]
			),
			(int) 35 => array(
				[maximum depth reached]
			),
			(int) 36 => array(
				[maximum depth reached]
			),
			(int) 37 => array(
				[maximum depth reached]
			),
			(int) 38 => array(
				[maximum depth reached]
			),
			(int) 39 => array(
				[maximum depth reached]
			),
			(int) 40 => array(
				[maximum depth reached]
			),
			(int) 41 => array(
				[maximum depth reached]
			),
			(int) 42 => array(
				[maximum depth reached]
			),
			(int) 43 => array(
				[maximum depth reached]
			),
			(int) 44 => array(
				[maximum depth reached]
			),
			(int) 45 => array(
				[maximum depth reached]
			),
			(int) 46 => array(
				[maximum depth reached]
			),
			(int) 47 => array(
				[maximum depth reached]
			),
			(int) 48 => array(
				[maximum depth reached]
			)
		),
		(int) 1 => array(
			(int) 0 => array(
				[maximum depth reached]
			),
			(int) 1 => array(
				[maximum depth reached]
			),
			(int) 2 => array(
				[maximum depth reached]
			),
			(int) 3 => array(
				[maximum depth reached]
			),
			(int) 4 => array(
				[maximum depth reached]
			),
			(int) 5 => array(
				[maximum depth reached]
			),
			(int) 6 => array(
				[maximum depth reached]
			),
			(int) 7 => array(
				[maximum depth reached]
			),
			(int) 8 => array(
				[maximum depth reached]
			),
			(int) 9 => array(
				[maximum depth reached]
			),
			(int) 10 => array(
				[maximum depth reached]
			),
			(int) 11 => array(
				[maximum depth reached]
			),
			(int) 12 => array(
				[maximum depth reached]
			),
			(int) 13 => array(
				[maximum depth reached]
			),
			(int) 14 => array(
				[maximum depth reached]
			),
			(int) 15 => array(
				[maximum depth reached]
			),
			(int) 16 => array(
				[maximum depth reached]
			),
			(int) 17 => array(
				[maximum depth reached]
			),
			(int) 18 => array(
				[maximum depth reached]
			),
			(int) 19 => array(
				[maximum depth reached]
			),
			(int) 20 => array(
				[maximum depth reached]
			),
			(int) 21 => array(
				[maximum depth reached]
			),
			(int) 22 => array(
				[maximum depth reached]
			),
			(int) 23 => array(
				[maximum depth reached]
			),
			(int) 24 => array(
				[maximum depth reached]
			),
			(int) 25 => array(
				[maximum depth reached]
			),
			(int) 26 => array(
				[maximum depth reached]
			),
			(int) 27 => array(
				[maximum depth reached]
			),
			(int) 28 => array(
				[maximum depth reached]
			),
			(int) 29 => array(
				[maximum depth reached]
			),
			(int) 30 => array(
				[maximum depth reached]
			),
			(int) 31 => array(
				[maximum depth reached]
			),
			(int) 32 => array(
				[maximum depth reached]
			),
			(int) 33 => array(
				[maximum depth reached]
			),
			(int) 34 => array(
				[maximum depth reached]
			),
			(int) 35 => array(
				[maximum depth reached]
			),
			(int) 36 => array(
				[maximum depth reached]
			),
			(int) 37 => array(
				[maximum depth reached]
			),
			(int) 38 => array(
				[maximum depth reached]
			),
			(int) 39 => array(
				[maximum depth reached]
			),
			(int) 40 => array(
				[maximum depth reached]
			),
			(int) 41 => array(
				[maximum depth reached]
			),
			(int) 42 => array(
				[maximum depth reached]
			),
			(int) 43 => array(
				[maximum depth reached]
			),
			(int) 44 => array(
				[maximum depth reached]
			),
			(int) 45 => array(
				[maximum depth reached]
			),
			(int) 46 => array(
				[maximum depth reached]
			),
			(int) 47 => array(
				[maximum depth reached]
			)
		)
	)
)
$is_home = false
$article = array(
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		'description' => 'To bolster Japan's clean energy initiatives, two major Japanese energy companies, JERA and Inpex, are preparing to invest in separate projects in the United States that will produce ammonia for clean-burning power generation in Japan, Nikkei Asia reports. ',
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		'content' => '<p>To bolster Japan's clean energy initiatives, two major Japanese energy companies,<strong> JERA</strong> and <strong>Inpex</strong>, are preparing to invest in separate projects in the United States that will produce ammonia for clean-burning power generation in Japan, Nikkei Asia reports.</p>
<figure class="image-container floated-right" style="float: right;"><img class="align-right" src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-2-JERA-and-Inpex.jpg" alt="" />
<figcaption class="image-caption">Inpex President Takayuki Ueda</figcaption>
</figure>
<p><strong>JERA Global CEO and Chair Yukio Kani </strong>and<strong> Inpex President Takayuki Ueda</strong> confirmed the investments with local U.S. media at the CERAWeek 2024 energy industry conference held in Houston, Texas.</p>
<p>JERA, a joint venture between Tokyo Electric Power and Chubu Electric Power, announced its partnership with Oklahoma-based green energy company, Greenfield Energy. Together, they will build a facility in Louisiana to produce green ammonia using renewable energy sources.</p>
<p>Kani also confirmed to media that JERA will hire more people at its U.S. arm, aiming to expand the workforce by 30% after a year to around 250 employees.</p>
<p>On the other hand, Inpex, a leading oil and gas exploration and production company, is exploring opportunities in Texas to establish its own ammonia production facility.</p>
<p>According to Nikkei Asia, Inpex plans to produce 1.1 million tons of ammonia annually in Houston by 2027.</p>
<p>The investments by JERA and Inpex mark significant milestones in Japan's quest for cleaner energy alternatives.</p>',
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include - APP/View/Featuresite/upcomingfeaturelist.ctp, line 53
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Notice (8): Undefined index: SpecialFeature [APP/View/Featuresite/upcomingfeaturelist.ctp, line 53]
Code Context
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			'id' => '545700',
			'title' => 'Japan's largest conveyor-belt sushi chain rolls out in the U.S.',
			'description_old' => null,
			'description' => 'Boston's Japanese food scene got more diverse with the opening in April of Sakabayashi Sushi Tavern, a subsidiary of Japan's largest conveyor-belt sushi chain, Sushiro. The restaurant is the first investment of its parent company, Food & Life Co., in the United States. ',
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			'url' => 'japans-largest-conveyor-belt-sushi-chain-rolls-out-in-the-us',
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			'content' => '<p>Boston&rsquo;s Japanese food scene got more diverse with the opening in April of Sakabayashi Sushi Tavern, a subsidiary of Japan&rsquo;s largest conveyor-belt sushi chain, Sushiro. The restaurant is the first investment of its parent company, <strong>Food &amp; Life Co.</strong>, in the United States.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-4-Sushiro.jpg" alt="" />
<figcaption class="image-caption">Food &amp; Life Companies USA President Yosuke Tanaka (Source: LinkedIn/Yosue Tanaka)</figcaption>
</figure>
<p>Sakabayashi retained the original restaurant&rsquo;s <em>izakaya </em>style of dining<em>, </em>wherein patrons can eat and drink in a casual setting. With menu items priced from under $10, the restaurant wants to attract a diverse crowd.</p>
<p>&ldquo;Ensuring affordability while providing an authentic Japanese experience to Americans is paramount. Eighty percent of our menu is recreated from Japan. Our raw ingredients are sourced from our global procurement chain,&rdquo; said <strong>Food &amp; Life Companies USA President Yosuke Tanaka.</strong></p>
<p>Although Sakabayashi Sushi Tavern is Food and Life&rsquo;s first foray in the country, the group has many years of international experience. With operations in eight countries, primarily in Asia, Food &amp; Life aims to generate $1.45 billion in overseas revenue by the end of the fiscal year 2026 by opening more conveyor-belt sushi restaurants in the United States.</p>
<p>&ldquo;Our priority is not limited to deploying our existing brand but also to discovering, developing, and expanding new brands and food-services formats through the reinforcement of our competitive advantages in ingredient development, procurement, and supply chain management,&rdquo; said <strong>Food &amp; Life Ltd. President and CEO Koichi Mizutome.</strong></p>
<p>Mizutome&rsquo;s confidence stems from the growing popularity of Japanese cuisine in the United States. In 2023, revenues of sushi restaurants in America grew by 4.5% and are expected to grow further, according to research firm IBIS World.</p>
<p>In the United States, ramen shops are also growing more popular as various Japanese chains, like Fukuoka and Ramen Santouka, plan to open more outlets across the country.</p>',
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			'title' => 'Impostor Syndrome and The Incomplete Leader',
			'description_old' => null,
			'description' => 'Now that everyone's details, accomplishments, and track record are easily fact-checked and reviewed on the internet, there has been a rise in the number of anxiety-riddled executives. The same tool used for work productivity has also been a source of consternation.',
			'credit_id' => '48',
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			'url' => 'impostor-syndrome-and-the-incomplete-leader',
			'tags' => 'Leadership, Management, Impostor Syndrome',
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			'content' => '<p>The notion that &ldquo;leaders have to be flawless&rdquo; is starting to disappear. Access to unlimited information, a.k.a. the Internet, should have changed this perception ages ago.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-3-SG-Impostor-Syndrome.jpg" alt="" />
<figcaption class="image-caption">The workplace has evolved to become a more forgiving place for its leaders. (Illustration by Lianne Dominguez)</figcaption>
</figure>
<p>But now that everyone&rsquo;s details, accomplishments, and track record are easily fact-checked and reviewed on the internet, there has been a rise in the number of anxiety-riddled executives. The same tool used for work productivity has also been a source of consternation.</p>
<p>The pressure to have intellectual and interpersonal superiority is at an all-time high. According to the National Library of Medicine, impostor syndrome (IS) is a behavioral health phenomenon described as self-doubt of intellect, skills, or accomplishments among high-achieving individuals. Yes! The seemingly poised manager could be a fa&ccedil;ade.</p>
<p>Despite the tremendous pressure for perfection, an article in Harvard Business Review offers a solution to ease some caffeine-stimulated corporate minds. The authors, in praise of &ldquo;The Incomplete Leader,&rdquo; recommend embracing imperfections to strengthen one&rsquo;s leadership abilities. It also said that organizations were evolving to become more collaborative than hierarchical.</p>
<p>Decisions should often be made in the context of the open economy, therefore as no senior executive has a monopoly on knowledge. The overarching theme was that: Leaders should determine the right colleague to handle areas of their perceived weaknesses.&nbsp;</p>
<p>In fact, four leadership capabilities are developed during this process: sense-making, relating, visioning, and inventing.</p>
<p>Arguably, many teams have adopted the practice of &ldquo;excellence&rdquo; over &ldquo;perfection&rdquo;. The culture of excellence, while forgiving mistakes and considering personal limitations, does not absolve leaders and team members from giving their best.</p>
<p>Accepting the new demands and realities of a hybrid workplace, especially for leaders, will empower and not overwhelm the incomplete leader.</p>',
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			'title' => 'Brewing success: How leadership catapulted Paradox Brewery to new heights',
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			'description' => 'Paradox Brewery President and founder Paul Mrocka is widely credited for driving the New York-based to new levels of success through strategic planning, data-driven decision-making, and effective international partnerships.',
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			'content' => '<p><strong>Paradox Brewery President and founder Paul Mrocka </strong>is widely credited for driving the New York-based to new levels of success through strategic planning, data-driven decision-making, and effective international partnerships.</p>
<p>According to Mrocka, data isn't just numbers at Paradox Brewery. It's a roadmap to success.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-3-NYNJ-Paradox-Brewery.jpg" alt="" />
<figcaption class="image-caption">Paradox Brewery President and founder Paul Mrocka</figcaption>
</figure>
<p>In an interview with GMI POST, Mrocka emphasized their reliance on Information Resources, Inc. (IRI) data to understand market trends, consumer preferences, and competitor strategies.</p>
<p>&ldquo;We're very competitive in our prices and a data-driven company. We tell stories with this data that we buy. And we use that data to go to the buyer and talk to them about it,&rdquo; he said.</p>
<p>By leveraging IRI&rsquo;s data, Paradox Brewery gains insights that shape its marketing strategies and product development, ensuring it stays ahead in the fiercely competitive craft beer market.</p>
<p>Paradox Brewery isn't afraid to think big either. </p>
<p>&ldquo;You have to put the time in. You have to show up and get face-to-face with these people because there has to be a degree of comfort on both sides of the arrangement to buy beer from the other side of the planet,&rdquo;<strong> Director of Operations Devon Hamilton </strong>said about plans to expand globally.</p>
<p>By nurturing strong relationships with international partners, Paradox Brewery secures distribution channels and builds a global brand presence, Hamilton also said.</p>
<p>For Paradox Brewery, success isn't just about reacting to market trends but about anticipating and shaping them. Through constant planning and adaptation, the company stays at the forefront of innovation, offering a diverse and appealing portfolio to its customers.</p>
<p>&ldquo;We all sit down, talk about what did well last year, what we think we should bring back for next year, what the upcoming trends are, and argue about what our portfolio will be,&rdquo; Hamilton said.</p>
<p>As Paradox Brewery expands both domestically and internationally, the skills and dedication of its leaders will ensure the New York brand remains a beloved brand in the craft beer industry.</p>',
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			'title' => 'What Cambodia's honey industry can teach businesses ',
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			'description' => 'In 2021, Cambodia's government awarded its first geographic indication (GI) label for the wild honey harvested in Mondulkiri Province. The protected GI label, granted to local products with distinctive regional qualities, has elevated the profile of Cambodian honey on the global stage.',
			'credit_id' => '48',
			'image' => null,
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			'url' => 'what-cambodias-honey-industry-can-teach-businesses',
			'tags' => 'Cambodia, Leadership, Management, Agriculture, Honey',
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			'content' => '<p>Cambodia&rsquo;s honey industry has experienced steady growth in recent years. In 2021, the government awarded its first geographic indication (GI) label for the wild honey harvested in Mondulkiri Province. The protected GI label, granted to local products with distinctive regional qualities, has elevated the profile of Cambodian honey on the global stage.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-3-CAMB-Honey.jpg" alt="" />
<figcaption class="image-caption">Cambodia Honey Association Executive Director Sem Sreytouch</figcaption>
</figure>
<p>Although varieties like Modulkiri money have been harvested in Cambodia for centuries, efforts to streamline and formalize the industry&rsquo;s value chain are relatively recent and spearheaded by the Cambodia Honey Association (CHA), the main advocacy group representing the sector&rsquo;s stakeholders.</p>
<p>In an interview with GMI POST, CHA underscored the necessary steps to invigorate the industry while providing insight into navigating business in an emerging market landscape.&nbsp;</p>
<p><strong>&nbsp;</strong></p>
<p><span style="font-family: helvetica; font-size: 18pt;"><strong>Collaboration over competition </strong></span></p>
<p><strong>&nbsp;</strong></p>
<p><strong>CHA Executive Director Sem Sreytouch </strong>emphasizes the importance of shifting industry stakeholders&rsquo; mindset from competition to collaboration.</p>
<p>&ldquo;One of our main advocacies is to enact a change in mindset among Cambodian honey growers, apiaries, and other stakeholders in the value chain. A united front is required to elevate the overall standards of the Cambodian honey industry&rdquo; she said.</p>
<p><strong>&nbsp;</strong></p>
<p><span style="font-family: helvetica; font-size: 18pt;"><strong>Prioritize capacity building</strong></span></p>
<p><strong>&nbsp;</strong></p>
<p><strong>Peter Batt, Ph.D of Curtin University,</strong> also a fellow of the International Horticultural Congress, stressed the need for education and capacity-building at the grassroots level in emerging markets like Cambodia.</p>
<p>&ldquo;A key aspect of addressing challenges in Cambodia, particularly within the honey industry, was capacity building of smallholder farmers and empowering those farmers with basic and practical skills to help them grasp what it takes to thrive in trade,&rdquo; he said.</p>
<p><strong>&nbsp;</strong></p>
<p><span style="font-size: 1*pt;"><strong><span style="font-family: helvetica;">Explore untapped resources</span> </strong></span></p>
<p>&nbsp;</p>
<p>CHA also highlighted Cambodia's rich geographic diversity as a wellspring of untapped potential for future GI labels, such as honey from the lesser-known Tonle Sap Lake region. <strong>Dr. Try Yong</strong>, a beekeeping expert and an advisor to the Royal Ministry of Agriculture, underscored Cambodia&rsquo;s abundance of untapped honey collection areas in the rest of the country.</p>
<p>&ldquo;Regions like Tone Sap Lake and the western coasts offer promising opportunities. Despite the vast forests from which much of our honey originates, many areas lack GI certification, signaling significant untapped potential and future business opportunities for our kingdom,&rdquo; he said.</p>',
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			'id' => '545692',
			'title' => 'Wisconsin to give multimillion tax incentive to Kikkoman for new expansion',
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			'description' => 'Kikkoman Foods Inc. has broken ground for its third manufacturing plant in Jefferson County and an expansion to its existing plant in neighboring Walworth County, Wisconsin. To support this fresh investment, the Wisconsin Economic Development Corp. (WEDC) plans to provide the Japanese soy sauce maker up to $15.5 million in performance-based tax credits.',
			'credit_id' => '48',
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			'url' => 'wisconsin-to-give-multimillion-tax-incentive-to-kikkoman-for-new-expansion',
			'tags' => 'US, Japan, Wisconsin, Economic Development, Food',
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			'content' => '<p>Kikkoman Foods Inc. has broken ground for its third manufacturing plant in Jefferson County and an expansion to its existing plant in neighboring Walworth County, Wisconsin. To support this fresh investment, the <strong>Wisconsin Economic Development Corp. (WEDC)</strong> plans to provide the Japanese soy sauce maker up to $15.5 million in performance-based tax credits.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-3-Kikkoman-Wisconsin.jpg" alt="" />
<figcaption class="image-caption">Wisconsin Economic Development Corporation CEO and Secretary Missy Hughes (Source: Milwaukee Business Journal)</figcaption>
</figure>
<p>Kikkoman&rsquo;s expansion in Wisconsin will inject $800 million into the state&rsquo;s economy and create 83 new jobs over the next decade. The Walworth facility, opened in 1973, is the company&rsquo;s highest-producing soy sauce factory globally.</p>
<p>Meanwhile, the plant in Jefferson City is scheduled to start operations in 2026 and will focus on soy sauce-related products, like teriyaki sauce. Aside from enhancing efficiency and scalability, the facility will bolster Kikkoman&rsquo;s sustainability efforts by using renewable energy sources and equipment with lower CO2 emissions.</p>
<p><strong>WEDC Secretary and CEO Missy Hughes</strong> welcomed the announcement: &ldquo;Fifty years ago, Kikkoman made history by choosing Walworth, Wisconsin for its first international brewing plant. Now, by expanding its presence in Jefferson, Kikkoman is opening a new chapter in its history.&rdquo;</p>
<p><strong>Jefferson City Mayor Dale Oppermann</strong> expressed appreciation for Kikkoman&rsquo;s continued trust in the region: &ldquo;Kikkoman&rsquo;s decision to invest in Jefferson underscores the strength and appeal of our local food and beverage niche. We look forward to a long, prosperous partnership.&rdquo;</p>
<p>Meanwhile, <strong>Kikkoman Chair and honorary CEO Yuzauro Mogi </strong>said the company&rsquo;s choice of Wisconsin was rooted in several factors, among them its location, which provided convenient market access, as well as its skilled workforce, easy availability of raw materials, an abundance of clean water, the collaborative spirit of the local community.</p>
<p>&ldquo;We look forward to expanding our footprints in Wisconsin and establishing a supply chain with increased stability in North America,&rdquo; he also said.</p>
<p>Over the past five decades, Kikkoman has transformed rural Wisconsin through partnerships with the local community, donating more than $17 million to charitable organizations.</p>
<p>As one of the first production facilities set up by a Japanese company in the United States, the Walworth plant is seen as a valuable symbol of the close business and cultural partnership between the two countries.</p>
<p>&ldquo;Whether it&rsquo;s providing thousands of jobs, bolstering our economy or providing us and the world with phenomenal soy sauce, Kikkoman is doing good work across Wisconsin and the country. I am grateful for their continued partnership and expansion in Wisconsin,&rdquo; said <strong>Gov. Tony Evers</strong>.</p>',
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			'title' => 'New York wants more Japanese chipmakers in the state',
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			'description' => 'Empire State Development (ESD), the umbrella organization for New York's two main economic development corporations, wants more Japanese chip industry suppliers to open operations in the state to support the upcoming manufacturing facilities of Micron Technology, the world's fourth-largest semiconductor company.',
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			'content' => '<p><strong>Empire State Development (ESD)</strong>, the umbrella organization for New York's two main economic development corporations, wants more Japanese chip industry suppliers to open operations in the state to support the upcoming manufacturing facilities of Micron Technology, the world&rsquo;s fourth-largest semiconductor company.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-3-Micron-NY.jpg" alt="" />
<figcaption class="image-caption">Empire State Development President Hope Knight (Source: Empire State Development)</figcaption>
</figure>
<p>&ldquo;Last year, we were able to attract Micron to central New York. With the large investment that Micron is making, $100 billion, we know that we have to build an ecosystem to support that activity. That's why we're here on this mission: to talk to Japanese firms, some of Micron's suppliers, to come and locate in New York,&rdquo; <strong>ESD President Hope Knight</strong> told Nikkei Asia.</p>
<p>While Knight did not name the companies she spoke to during her visit to Japan, she mentioned that some were &ldquo;very excited about the possibility&rdquo; of investing in the state.</p>
<p>Micron, the only memory and storage manufacturer in the United States, has announced plans to build a $100 billion &ldquo;mega fab,&rdquo; which will employ more than 9,000 people, near Syracuse in upstate New York.</p>
<p>Even before the CHIPS and Science Act became federal law in 2022, New York had unveiled its $10 billion program, called Green CHIPS, which offered tax incentives to chip manufacturers. Participants of Green CHIPS can benefit from zero corporate income tax rates and receive tax credits based on their capital spending and research and development expenditures.</p>
<p>&ldquo;We customize a package for you,&rdquo; said Knight, who emphasized that incentives are tailored based on various factors, like the number of jobs created and size of investment.</p>
<p>The ESD president highlighted the importance of bringing back chip manufacturing to the United States, citing national security concerns and geopolitical trends, and underscored New York's manufacturing legacy and its readiness to revive its manufacturing sector.</p>
<p>New York has prioritized chip manufacturing as a key industry for economic growth. Apart from IBM, 75 other semiconductor-related companies have made new investments in the state. And since the introduction of Green CHIPS, total investments have reached $112 billion.</p>
<p>On concerns surrounding the high cost of living and labor costs associated with New York City, Knight said that cities in upstate New York, such as Albany, Syracuse, Rochester and Buffalo, offer affordability and have cheaper sources of clean power.</p>
<p>As head of ESD, Knight works closely with Gov. Kathy Hochul in developing the state economy through various measures like financing, subsidies, and tax breaks. As of 2022, ESD has been involved in at least 190 projects.</p>',
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			'id' => '545694',
			'title' => 'Toyota unveils $1.4 billion investment in Indiana to make more electric vehicles',
			'description_old' => null,
			'description' => 'Toyota, the world's largest automaker, has announced a $1.4 billion expansion of its factory in the U.S. state of Indiana to produce electric vehicles (EVs) starting in 2026. With the new expansion, Toyota Motor Manufacturing Indiana will become the company's second EV production facility in the United States.',
			'credit_id' => '48',
			'image' => null,
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			'url' => 'toyota-unveils-14-billion-investment-in-indiana-to-make-more-electric-vehicles',
			'tags' => 'US, Japan, Indiana, Electric Vehicles',
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			'content' => '<p>Toyota, the world&rsquo;s largest automaker, has announced a $1.4 billion expansion of its factory in the U.S. state of Indiana to produce electric vehicles (EVs) starting in 2026. With the new expansion, Toyota Motor Manufacturing Indiana will become the company&rsquo;s second EV production facility in the United States.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-3-Toyota-EVs.jpg" alt="" />
<figcaption class="image-caption">Toyota Motor Manufacturing Indiana President Tim Hollander (Source: PR Newswire)</figcaption>
</figure>
<p>According to Nikkei Asia, the investment will create 340 new high-quality jobs and increase the company&rsquo;s total number of employees in Indiana to around 8,000. The expansion also raises</p>
<p>Toyota&rsquo;s total investment in the state to $8 billion, Green Car Congress reported. <br /><br />Toyota&rsquo;s decision to increase EV production comes amid a surge in demand for its hybrid models, said CBT News.</p>
<p>In April, Toyota reported record annual sales for the fiscal year ending in March, surpassing the 10 million-unit mark for the first time. Its hybrid models have played a major role in growing the company&rsquo;s market share over the past year.</p>
<p>Toyota&rsquo;s only other EV factory in the United States is in Kentucky. The facility Georgetown is due to begin operations next year.</p>
<p>"Since 2021, Toyota has announced new investments totaling $18.6 billion into its U.S. manufacturing operations to support electrification efforts," the company said.</p>',
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			'id' => '545689',
			'title' => 'Singapore: A fertile ground for Edtech ',
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			'description' => 'Globally, education technology (Edtech) is a rapidly growing sector. According to Precision Report's EdTech Market Research Report 2024, the global Edtech market size was valued at $115 billion in 2021 and is expected to reach $467 billion by 2027. ',
			'credit_id' => '48',
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			'url' => 'singapore-a-fertile-ground-for-edtech',
			'tags' => 'Japan, Singapore, Education',
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			'content' => '<p>Globally, education technology (Edtech) is a rapidly growing sector. According to Precision Report&rsquo;s EdTech Market Research Report 2024, the global Edtech market size was valued at $115 billion in 2021 and is expected to reach $467 billion by 2027.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-2-SG-Education.jpg" alt="" />
<figcaption class="image-caption">Starting them young: Singapore's education system has gained admiration from around the world.</figcaption>
</figure>
<p>Singapore has stood out as one of the most fertile grounds for the sector&rsquo;s growth. The origins of Singapore&rsquo;s thriving Edtech sector can be traced back to 2014, when the country&rsquo;s national government enacted its Smart Nation initiative, which required schools to incorporate innovation and technology in the daily lives of Singaporean families.</p>
<p>According to UNESCO, the challenge for schools was to create meaningful learning experiences that reflected such integration, which meant that highly qualified faculty must constantly be engaged in research and innovation. Otherwise, how can one teach about advancements while experiencing none?</p>
<p>Since the enactment of the Smart Nation initiative, there have been more than 790 Edtech startups launched in Singapore. Today, the government continues to invest heavily in training its future labor pool. <br /><br />Aside from encouraging life-long learning, the city-state&rsquo;s government has also rolled out other initiatives to boost the growth of Edtech in Singapore, like an ICT masterplan, infrastructure upgrades, accelerator programs, increased connectivity in schools, and access to learning resources and opportunities for collaborations for schools and startups.</p>
<p>Those looking to start or invest in an Edtech venture will reap many benefits by betting on Singapore.</p>',
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			'title' => 'Columbia University seeks closer partnerships with Japan ',
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			'description' => 'The Japan Study Student Association at Columbia University's School of International and Public Affairs organized a visit to Japan in March to allow some of its members to learn more about the country's government, people, culture, and food.',
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			'content' => '<p>The Japan Study Student Association at <strong>Columbia University&rsquo;s School of International and Public Affairs </strong>organized a visit to Japan in March to allow some of its members to learn more about the country&rsquo;s government, people, culture, and food.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-2-NYNJ-JASSA-Education.jpg" alt="" />
<figcaption class="image-caption">JASSA representatives during their Japan trip</figcaption>
</figure>
<p>&ldquo;The Japan trip was a phenomenal opportunity not only from a career development perspective but also from a personal development perspective,&rdquo; JASSA Representative Daniel Alvarez said in an article posted on SIPA&rsquo;s website.</p>
<p>&ldquo;Speaking with top politicians, participating in cultural ceremonies, learning about critical events in Japan&rsquo;s history, experiencing the excellent cuisine, and enjoying the nightlife with new friends made for a very well-rounded trip and once-in-a-lifetime experience,&rdquo; Alvarez added.</p>
<p>For SIPA students who want to join future Japan trips, Alvarez encouraged fellow members to attend upcoming JASSA events so they can express their interest to the organizers. The trip was just one of many events of SIPA to bolster U.S.-Japan cooperation.</p>
<p>In June 2023<strong>, SIPA Dean Keren Yarhi-Milo</strong> visited the University of Tokyo's Graduate School of Public Policy, a fellow member of the Global Public Policy Network, where she held pivotal discussions to enhance cross-cultural exchange. <br /><br />In interviews with local media, including Nikkei Asia and TV Tokyo, Yarhi-Milo highlighted SIPA's commitment to integrating Japanese perspectives within its academic community.</p>
<p>&ldquo;We want our students and our faculty to be involved and engaged with Japan,&rdquo; said Yarhi-Milo as she recognized the country&rsquo;s significant economic and strategic influence in East Asia.</p>',
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			'id' => '545691',
			'title' => '3 reasons Japan-Cambodia education partnerships are thriving',
			'description_old' => null,
			'description' => 'As Cambodia and Japan commemorate 70 years of diplomatic relations, the two nations look forward to a new era in their partnership as they seek fresh fields of collaboration. More and more Japanese recognize Cambodia's untapped potential and hope to play a role in the development of its population.',
			'credit_id' => '48',
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			'url' => '3-reasons-japan-cambodia-education-partnerships-are-thriving',
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			'content' => '<p>As Cambodia and Japan commemorate 70 years of diplomatic relations, the two nations look forward to a new era in their partnership as they seek fresh fields of collaboration. More and more Japanese recognize Cambodia&rsquo;s untapped potential and hope to play a role in the development of its population.</p>
<p>For instance, the increased prominence of the <strong>Institute of Technology of Cambodia </strong>among the expatriate population reveals three key reasons Cambodia&rsquo;s educational landscape has attracted the attention of the Japanese community.</p>
<p>&nbsp;</p>
<p><span style="font-family: helvetica; font-size: 16pt;"><strong>The population is young, growing and mobile</strong></span></p>
<p>&nbsp;</p>
<p>CiteSeerX reports that nearly 70% of Cambodians are 29-years old and younger. <br /><br />&ldquo;Among Cambodia&rsquo;s younger generation, the literacy rate is reported to be quite high because of increasing opportunities for education. The gender gap among young adults is not so substantial, although some age group differences exist,&rdquo; Japan International Cooperation Agency said in its 2023 Country Study.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-2-CAMB-Japan-Education.jpg" alt="" />
<figcaption class="image-caption">Institute of Technology of Cambodia Rector Dr. Po Kimtho (left) and Kanazawa University President Takashi Wada (right)</figcaption>
</figure>
<p>&ldquo;This implies that very well-targeted literacy education by age, sex, geography, time of the class, and contents of the class will likely bring about significant domestic and foreign partnerships in Cambodia&rsquo;s education sector,&rdquo; the study added.An example of such a partnership is that between ITC and Panasonic Cambodia. ITC is one of only two institutions in the kingdom to receive scholarships from Panasonic Cambodia, the local subsidiary of Japanese tech giant Panasonic Group. Panasonic Cambodia Country Head Yosunoby Matsumoto said the initiative will be a means to &ldquo;maximize workforce potential, fostering growth, and nurturing the next generation of leaders.&rdquo;</p>
<p>According to Matsumoto, Panasonic Cambodia recognizes the talented local science and technology students and continues to invest in their capacity building to develop the next generation of technology business leaders that will allow them to participate in a global economy.</p>
<p><strong>&nbsp;</strong></p>
<p><span style="font-size: 16pt;"><strong><span style="font-family: helvetica;">It is open to international collaboration</span> </strong></span></p>
<p>&nbsp;</p>
<p>Cambodia is home to more than 128 higher education institutions, at least 45 of which (including ITC) have active international partnerships with universities and organizations abroad. ITC&rsquo;s outreach activities have helped position itself as an ideal partner for Japanese ventures.</p>
<p>Last year, the deputy director of ITC, along with six other academic delegates, visited the Tokyo Institute of Technology (Tokyo Tech), to partake in the training course &ldquo;Project for Strengthening Engineering Education and Research for Industrial Development in Cambodia,&rdquo; organized by JICA.</p>
<p>Subsequently, JICA formalized an agreement with ITC to strengthen engineering education and research in industrial development in Cambodia</p>
<p>&nbsp;</p>
<p><span style="font-family: helvetica; font-size: 16pt;"><strong>A growing vocationally and technically proficient workforce</strong></span></p>
<p>&nbsp;</p>
<p>&ldquo;Strengthening technical and vocational training is pivotal to attracting Japanese investment in Cambodia,&rdquo; said Labor and Vocational Training Minister Heng Sour, who urged JICA to persist in developing human resources in these domains, a statement that JICA President Sanui Kazumasa agreed with.</p>
<p>ITC, a partner of JICA, produces approximately 3,700 undergraduate and graduate students specializing in science, technology, and engineering.</p>',
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			'id' => '545686',
			'title' => 'Japan's JERA and Inpex to invest in separate U.S. ammonia projects',
			'description_old' => null,
			'description' => 'To bolster Japan's clean energy initiatives, two major Japanese energy companies, JERA and Inpex, are preparing to invest in separate projects in the United States that will produce ammonia for clean-burning power generation in Japan, Nikkei Asia reports. ',
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			'url' => 'japans-jera-and-inpex-to-invest-in-separate-us-ammonia-projects',
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			'content' => '<p>To bolster Japan's clean energy initiatives, two major Japanese energy companies,<strong> JERA</strong> and <strong>Inpex</strong>, are preparing to invest in separate projects in the United States that will produce ammonia for clean-burning power generation in Japan, Nikkei Asia reports.</p>
<figure class="image-container floated-right" style="float: right;"><img class="align-right" src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-2-JERA-and-Inpex.jpg" alt="" />
<figcaption class="image-caption">Inpex President Takayuki Ueda</figcaption>
</figure>
<p><strong>JERA Global CEO and Chair Yukio Kani </strong>and<strong> Inpex President Takayuki Ueda</strong> confirmed the investments with local U.S. media at the CERAWeek 2024 energy industry conference held in Houston, Texas.</p>
<p>JERA, a joint venture between Tokyo Electric Power and Chubu Electric Power, announced its partnership with Oklahoma-based green energy company, Greenfield Energy. Together, they will build a facility in Louisiana to produce green ammonia using renewable energy sources.</p>
<p>Kani also confirmed to media that JERA will hire more people at its U.S. arm, aiming to expand the workforce by 30% after a year to around 250 employees.</p>
<p>On the other hand, Inpex, a leading oil and gas exploration and production company, is exploring opportunities in Texas to establish its own ammonia production facility.</p>
<p>According to Nikkei Asia, Inpex plans to produce 1.1 million tons of ammonia annually in Houston by 2027.</p>
<p>The investments by JERA and Inpex mark significant milestones in Japan's quest for cleaner energy alternatives.</p>',
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			'title' => 'Kishida visits North Carolina: Why is it groundbreaking?',
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			'description' => 'To promote Japanese contribution to the United States' investment landscape, Prime Minister Fumio Kishida visited North Carolina in April to tour the site of Toyota Motor Corp.'s electric and hybrid battery plant in the city of Greensboro.',
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			'content' => '<p>To promote Japanese contribution to the United States&rsquo; investment landscape, <strong>Prime Minister Fumio Kishida</strong> visited North Carolina in April to tour the site of Toyota Motor Corp.&rsquo;s electric and hybrid battery plant in the city of Greensboro.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-2-Kishida-Visit-to-NC.jpg" alt="" />
<figcaption class="image-caption">Japanese Prime Minister Fumio Kishida (center) visits Toyota's EV battery plant being built in North Carolina. (Photo source: Nikkei Asia)</figcaption>
</figure>
<p>Kishida&rsquo;s visit marked a historic moment in U.S.-Japan relations because it was the first time since 1891 that a foreign head of state visited the governor&rsquo;s mansion and the first time in a decade that a Japanese prime minister visited the state.</p>
<p>&ldquo;I am honored to be here in North Carolina to showcase the multilayered and strong ties between the United States and Japan,&rdquo; Kishida told guests at the luncheon at the state governor&rsquo;s mansion. He also lauded North Carolina for being a state &ldquo;at the forefront of the times.&rdquo;</p>
<p>Japan remains North Carolina&rsquo;s largest foreign direct investor, employing over 30,000 people in over 200 Japanese companies.</p>
<p>According to the Environmental Defense Fund, North Carolina leads all U.S. states in electric vehicle (EV) investment, attracting over $19 billion in the past year. This is attributed to its world-class infrastructure, skilled workforce, and favorable local policies.</p>
<p>Capitalizing on that environment, Japanese automakers have expanded their EV production capacity in the state. Toyota invested an additional $8 billion in its Greensboro battery plant, raising its total capital investment to around $14 billion and generating more than 5,000 new jobs.</p>
<p>Chiaki Takagi, a Japanese studies lecturer at the University of North Carolina Greensboro, highlighted the significance of Kishida&rsquo;s visit: &ldquo;This whole thing will provide the area with opportunities to be engaged in very active cultural exchange between Japan and the U.S.&rdquo;</p>',
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			'title' => 'Renowned U.S. chip designer wants to end Nvidia's global dominance',
			'description_old' => null,
			'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&rsquo;s global market dominance.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-13-Tenstorrent.jpg" alt="" />
<figcaption class="image-caption">Tenstorrent CEO Jim Keller (Photo source: Tenstorrent)</figcaption>
</figure>
<p>Headquartered in Toronto, Tenstorrent has offices in Austin, Texas and Santa Clara, California, as well as in Belgrade, Tokyo, Bangalore, and Seoul. The company claims to be developing AI processors that perform as efficiently as Nvidia's AI GPUs but at a lower cost.</p>
<p>At present, Nvidia is the global market leader when it comes to AI chips. Its AI accelerators command between 70% and 95% of the global market share, according to CNBC.</p>
<p>Keller also said in the interview that Tenstorrent hopes to sell its second-generation multipurpose AI chip by the end of this year.</p>
<p>According to Keller, Tenstorrent can achieve its objective because it does not use high-bandwidth memory (HBM), a popular type of advanced memory chip capable of transferring large amounts of data quickly. HBM is a vital component for generative AI chips and has played a significant role in the success of Nvidia's offerings.</p>
<p>But Keller pointed out that HBM was also one of the culprits behind the massive energy consumption and high prices of AI chips.</p>
<p>"Even the people that use HBM struggle with the cost of it, [and] the design time to build it,&rdquo; 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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			'title' => 'ITOCHU to take part in Taiwan's smart city project ',
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			'description' => 'Tokyo-based trading giant ITOCHU secured a contract to develop and test AI systems that will help run the transportation network and energy infrastructure of a future smart city project in southern Taiwan, according to a company press release.',
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			'content' => '<p>Tokyo-based trading giant <strong>ITOCHU</strong> secured a contract to develop and test AI systems that will help run the transportation network and energy infrastructure of a future smart city project in southern Taiwan, according to a company press release.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-13-ITOCHU-Taiwan.jpg" alt="" />
<figcaption class="image-caption">ITOCHU plans to roll out AI-powered buses for Taiwan's new smart city project in Tainan. (Photo source: Nikkei Asia)</figcaption>
</figure>
<p>ITOCHU outbid other parties interested in the Integrated Development Project for Shalun Smart Green Energy Science City located in Tainan. The early-stage contract, according to Nikkei Asia, is worth around $332,000 (10.8 million New Taiwan dollars).</p>
<p>According to ITOCHU, the goal is to test its AI systems on a trial basis by the end of October. This is the first time the trading house has officially participated in an overseas smart city project.</p>
<p>The Taiwanese government also announced plans to earmark an additional $306.9 million (or 10 billion NTD) to develop the country&rsquo;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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			'title' => 'Melexis opens its largest wafer testing site in Malaysia',
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			'description' => 'Belgium-based supplier of semiconductor solutions Melexis has opened its largest wafer testing site worldwide in Kuching in the Malaysian state of Sarawak to strengthen its presence in Asia-Pacific and meet the rising demand for semiconductors around the world, according to a company announcement.',
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			'content' => '<p>Belgium-based supplier of semiconductor solutions <strong>Melexis</strong> has opened its largest wafer testing site worldwide in Kuching in the Malaysian state of Sarawak to strengthen its presence in Asia-Pacific and meet the rising demand for semiconductors around the world, according to a company announcement.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-13-Melexis.jpg" alt="" />
<figcaption class="image-caption">Melexis' new 70 million-euro facility in Kuching is a nod to the local architectural design. (Photo source: Melexis)</figcaption>
</figure>
<p>Wafer testing is part of the manufacturing process wherein all individual integrated circuits are checked for functional defects through special test patterns.</p>
<p>According to Melexis, its expansion in Malaysia is a strategic move to streamline logistics and reduce its ecological footprint. Additionally, it selected Kuching because of its diverse, multilingual, entrepreneurial and highly skilled workforce.</p>
<p><strong>Melexis CEO Marc Biron </strong>said, &ldquo;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.&rdquo;</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&rsquo;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>&ldquo;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,&rdquo; <strong>Sarawak&rsquo;s Ministry of International Trade, Industry and Investment </strong>said in a statement<strong>.</strong></p>
<p>&ldquo;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,&rdquo; the statement also said.</p>',
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			'title' => 'ITOCHU invests in U.S. hydrogen aircraft engine maker ZeroAvia',
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			'description' => 'Japanese trading giant ITOCHU announced this month it had invested in ZeroAvia, a British-American maker of hydrogen-electric engines for aircraft, according to a company statement.',
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			'content' => '<p>Japanese trading giant <strong>ITOCHU</strong> announced this month it had invested in <strong>ZeroAvia</strong>, a British-American maker of hydrogen-electric engines for aircraft, according to a company statement.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-13-Itochu-ZeroAvia.jpg" alt="" />
<figcaption class="image-caption">An aircraft powered by ZeroAvia's hydrogen-electric engines (Photo source: ZeroAvia)</figcaption>
</figure>
<p>Founded in 2018, ZeroAvia describes itself as &ldquo;a team of passionate innovators dedicated to bringing safe, zero-emission flight to aviation.&rdquo; The company claims its hydrogen-electric propulsion systems are &ldquo;the most environmentally friendly and economically attractive solution to aviation&rsquo;s growing climate change impact.&rdquo;</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&rsquo;s long-term goal of helping save the planet by decarbonizing the aviation industry.</p>',
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			'title' => 'Virginia is named the best U.S. state for business',
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			'description' => 'For the third time in the last five years, Virginia was ranked America's Top State for Business in 2024 by CNBC, which cited the state for having the best public schools in the country. It grabbed the top spot in 2007, 2009, 2011, 2019, and 2021.',
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			'content' => '<p>For the third time in the last five years,<strong> Virginia</strong> was ranked America&rsquo;s Top State for Business in 2024 by CNBC, which cited the state for having the best public schools in the country. It grabbed the top spot in 2007, 2009, 2011, 2019, and 2021.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-13-Virginia.jpg" alt="" />
<figcaption class="image-caption">Fairfax County Economic Development Authority President and CEO Victor Hoskins (Photo source: Fairfax County Economic Development Authority)</figcaption>
</figure>
<p>&ldquo;Congratulations to Virginia on being named America&rsquo;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,&rdquo; 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&rsquo;s 10 categories this year, &ldquo;a rare feat,&rdquo; 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&rsquo;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&rsquo;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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			'description' => 'The U.S. subsidiary of Japanese group FANUC, one of the world's largest makers of industrial robots, has opened a $110 million facility in Michigan to store, sell and maintain made-in-Japan industrial robots for North American customers, according to a statement from FANUC America.',
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			'content' => '<p>The U.S. subsidiary of Japanese group <strong>FANUC</strong>, one of the world&rsquo;s largest makers of industrial robots, has opened a $110 million facility in Michigan to store, sell and maintain made-in-Japan industrial robots for North American customers, according to a statement from FANUC America.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-13-FANUC.jpg" alt="" />
<figcaption class="image-caption">Michigan Gov. Gretchen Whitmer (center) with senior officers of FANUC America at its West Campus. (Photo source: FANUC America)</figcaption>
</figure>
<p>The new 650,000-square-foot facility was inaugurated on July 10 and is located in FANUC America&rsquo;s West Campus in Auburn Hills, Michigan. The expansion increases the company&rsquo;s footprint in Michigan to over 2 million square feet and is part of FANUC America&rsquo;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,&rdquo; <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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			'description' => 'K Health, a leading AI-driven primary care company that provides 24/7 virtual primary care solutions through its mobile app, announced this month that it had raised $50 million in funding led by Claure Group with participation from investors, including Pablo Legorreta (founder and CEO of Royalty Pharma) and Mangrove Capital Partners, Valor Equity Partners, and Atreides Management.',
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			'content' => '<p><strong>K Health</strong>, a leading AI-driven primary care company that provides 24/7 virtual primary care solutions through its mobile app, announced this month that it had raised $50 million in funding led by Claure Group with participation from investors, including Pablo Legorreta (founder and CEO of Royalty Pharma) and Mangrove Capital Partners, Valor Equity Partners, and Atreides Management.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-12-NYNJ-K-Health-Alan-Bloch.jpg" alt="" />
<figcaption class="image-caption">K Health founder and CEO Allon Bloch (Photo source: K Health)</figcaption>
</figure>
<p>K Health said in the same statement that it had been developing its own AI technology for more than seven years. Today, it can provide 24/7 virtual primary care solutions to millions of people in the United States.</p>
<p>The K Health platform includes clinical-grade medical chat and AI predictive models based on large datasets to help physicians optimize diagnosis and treatment and focus on patient care.</p>
<p>Instead of doctors taking patients through lengthy procedures and manually piecing together their medical history from electronic medical records, K Health allows healthcare providers to engage more quickly and closely with patients by giving them a complete medical chart with patient insights straight from the app.</p>
<p>According to K Health, this new model of care delivery achieves dramatically higher quality of care at lower costs compared to traditional primary care.</p>
<p>&ldquo;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,&rdquo; explained<strong> K Health founder and CEO Allon Bloch.</strong></p>
<p>&ldquo;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,&rdquo; 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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			'content' => '<p>Ontario-based multinational <strong>Lee Li Holdings (LLH)</strong> <strong>CEO Lee Q. Shim</strong> told <strong>Cambodian Prime Minister Hun Manet </strong>in a meeting at the capital Phnom Penh this month that his company was looking at investment opportunities in the country, including its automotive healthcare, gas and oil, food processing and logistics, automobiles, and exports accreditation sectors.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-12-CAMB-Li-Lee-Holdings.jpg" alt="" />
<figcaption class="image-caption">Cambodia Prime Minister Hun Manet (right) met with Lee Li Holdings President and CEO Lee Q. Shim (Ieft) in Phnom Penh this month. (Photo source: Office of the Prime Minister)</figcaption>
</figure>
<p>During the meeting, Manet pointed out that the <strong>Cambodia Chamber of Commerce</strong> had two representative offices in Canada (Toronto and Montreal) that promote bilateral trade and assist exporters and importers in their two countries.</p>
<p>&ldquo;Shim&rsquo;s visit will further contribute to the promotion of trade relations between Cambodia and Canada,&rdquo; 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&rsquo;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>&ldquo;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,&rdquo; 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&rsquo;s only pediatric kidney and liver transplant program.</p>',
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		'title' => 'Japan's JERA and Inpex to invest in separate U.S. ammonia projects',
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		'description' => 'To bolster Japan's clean energy initiatives, two major Japanese energy companies, JERA and Inpex, are preparing to invest in separate projects in the United States that will produce ammonia for clean-burning power generation in Japan, Nikkei Asia reports. ',
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		'content' => '<p>To bolster Japan's clean energy initiatives, two major Japanese energy companies,<strong> JERA</strong> and <strong>Inpex</strong>, are preparing to invest in separate projects in the United States that will produce ammonia for clean-burning power generation in Japan, Nikkei Asia reports.</p>
<figure class="image-container floated-right" style="float: right;"><img class="align-right" src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-2-JERA-and-Inpex.jpg" alt="" />
<figcaption class="image-caption">Inpex President Takayuki Ueda</figcaption>
</figure>
<p><strong>JERA Global CEO and Chair Yukio Kani </strong>and<strong> Inpex President Takayuki Ueda</strong> confirmed the investments with local U.S. media at the CERAWeek 2024 energy industry conference held in Houston, Texas.</p>
<p>JERA, a joint venture between Tokyo Electric Power and Chubu Electric Power, announced its partnership with Oklahoma-based green energy company, Greenfield Energy. Together, they will build a facility in Louisiana to produce green ammonia using renewable energy sources.</p>
<p>Kani also confirmed to media that JERA will hire more people at its U.S. arm, aiming to expand the workforce by 30% after a year to around 250 employees.</p>
<p>On the other hand, Inpex, a leading oil and gas exploration and production company, is exploring opportunities in Texas to establish its own ammonia production facility.</p>
<p>According to Nikkei Asia, Inpex plans to produce 1.1 million tons of ammonia annually in Houston by 2027.</p>
<p>The investments by JERA and Inpex mark significant milestones in Japan's quest for cleaner energy alternatives.</p>',
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include - APP/View/Featuresite/upcomingfeaturelist.ctp, line 53
View::_evaluate() - CORE/Cake/View/View.php, line 971
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View::render() - CORE/Cake/View/View.php, line 473
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Notice (8): Undefined index: SpecialFeature [APP/View/Featuresite/upcomingfeaturelist.ctp, line 53]
Code Context
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			'title' => 'Japan's largest conveyor-belt sushi chain rolls out in the U.S.',
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			'description' => 'Boston's Japanese food scene got more diverse with the opening in April of Sakabayashi Sushi Tavern, a subsidiary of Japan's largest conveyor-belt sushi chain, Sushiro. The restaurant is the first investment of its parent company, Food & Life Co., in the United States. ',
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			'url' => 'japans-largest-conveyor-belt-sushi-chain-rolls-out-in-the-us',
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			'content' => '<p>Boston&rsquo;s Japanese food scene got more diverse with the opening in April of Sakabayashi Sushi Tavern, a subsidiary of Japan&rsquo;s largest conveyor-belt sushi chain, Sushiro. The restaurant is the first investment of its parent company, <strong>Food &amp; Life Co.</strong>, in the United States.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-4-Sushiro.jpg" alt="" />
<figcaption class="image-caption">Food &amp; Life Companies USA President Yosuke Tanaka (Source: LinkedIn/Yosue Tanaka)</figcaption>
</figure>
<p>Sakabayashi retained the original restaurant&rsquo;s <em>izakaya </em>style of dining<em>, </em>wherein patrons can eat and drink in a casual setting. With menu items priced from under $10, the restaurant wants to attract a diverse crowd.</p>
<p>&ldquo;Ensuring affordability while providing an authentic Japanese experience to Americans is paramount. Eighty percent of our menu is recreated from Japan. Our raw ingredients are sourced from our global procurement chain,&rdquo; said <strong>Food &amp; Life Companies USA President Yosuke Tanaka.</strong></p>
<p>Although Sakabayashi Sushi Tavern is Food and Life&rsquo;s first foray in the country, the group has many years of international experience. With operations in eight countries, primarily in Asia, Food &amp; Life aims to generate $1.45 billion in overseas revenue by the end of the fiscal year 2026 by opening more conveyor-belt sushi restaurants in the United States.</p>
<p>&ldquo;Our priority is not limited to deploying our existing brand but also to discovering, developing, and expanding new brands and food-services formats through the reinforcement of our competitive advantages in ingredient development, procurement, and supply chain management,&rdquo; said <strong>Food &amp; Life Ltd. President and CEO Koichi Mizutome.</strong></p>
<p>Mizutome&rsquo;s confidence stems from the growing popularity of Japanese cuisine in the United States. In 2023, revenues of sushi restaurants in America grew by 4.5% and are expected to grow further, according to research firm IBIS World.</p>
<p>In the United States, ramen shops are also growing more popular as various Japanese chains, like Fukuoka and Ramen Santouka, plan to open more outlets across the country.</p>',
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			'title' => 'Impostor Syndrome and The Incomplete Leader',
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			'description' => 'Now that everyone's details, accomplishments, and track record are easily fact-checked and reviewed on the internet, there has been a rise in the number of anxiety-riddled executives. The same tool used for work productivity has also been a source of consternation.',
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			'url' => 'impostor-syndrome-and-the-incomplete-leader',
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			'content' => '<p>The notion that &ldquo;leaders have to be flawless&rdquo; is starting to disappear. Access to unlimited information, a.k.a. the Internet, should have changed this perception ages ago.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-3-SG-Impostor-Syndrome.jpg" alt="" />
<figcaption class="image-caption">The workplace has evolved to become a more forgiving place for its leaders. (Illustration by Lianne Dominguez)</figcaption>
</figure>
<p>But now that everyone&rsquo;s details, accomplishments, and track record are easily fact-checked and reviewed on the internet, there has been a rise in the number of anxiety-riddled executives. The same tool used for work productivity has also been a source of consternation.</p>
<p>The pressure to have intellectual and interpersonal superiority is at an all-time high. According to the National Library of Medicine, impostor syndrome (IS) is a behavioral health phenomenon described as self-doubt of intellect, skills, or accomplishments among high-achieving individuals. Yes! The seemingly poised manager could be a fa&ccedil;ade.</p>
<p>Despite the tremendous pressure for perfection, an article in Harvard Business Review offers a solution to ease some caffeine-stimulated corporate minds. The authors, in praise of &ldquo;The Incomplete Leader,&rdquo; recommend embracing imperfections to strengthen one&rsquo;s leadership abilities. It also said that organizations were evolving to become more collaborative than hierarchical.</p>
<p>Decisions should often be made in the context of the open economy, therefore as no senior executive has a monopoly on knowledge. The overarching theme was that: Leaders should determine the right colleague to handle areas of their perceived weaknesses.&nbsp;</p>
<p>In fact, four leadership capabilities are developed during this process: sense-making, relating, visioning, and inventing.</p>
<p>Arguably, many teams have adopted the practice of &ldquo;excellence&rdquo; over &ldquo;perfection&rdquo;. The culture of excellence, while forgiving mistakes and considering personal limitations, does not absolve leaders and team members from giving their best.</p>
<p>Accepting the new demands and realities of a hybrid workplace, especially for leaders, will empower and not overwhelm the incomplete leader.</p>',
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			'title' => 'Brewing success: How leadership catapulted Paradox Brewery to new heights',
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			'description' => 'Paradox Brewery President and founder Paul Mrocka is widely credited for driving the New York-based to new levels of success through strategic planning, data-driven decision-making, and effective international partnerships.',
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			'url' => 'brewing-success-how-leadership-catapulted-paradox-brewery-to-new-heights',
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			'content' => '<p><strong>Paradox Brewery President and founder Paul Mrocka </strong>is widely credited for driving the New York-based to new levels of success through strategic planning, data-driven decision-making, and effective international partnerships.</p>
<p>According to Mrocka, data isn't just numbers at Paradox Brewery. It's a roadmap to success.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-3-NYNJ-Paradox-Brewery.jpg" alt="" />
<figcaption class="image-caption">Paradox Brewery President and founder Paul Mrocka</figcaption>
</figure>
<p>In an interview with GMI POST, Mrocka emphasized their reliance on Information Resources, Inc. (IRI) data to understand market trends, consumer preferences, and competitor strategies.</p>
<p>&ldquo;We're very competitive in our prices and a data-driven company. We tell stories with this data that we buy. And we use that data to go to the buyer and talk to them about it,&rdquo; he said.</p>
<p>By leveraging IRI&rsquo;s data, Paradox Brewery gains insights that shape its marketing strategies and product development, ensuring it stays ahead in the fiercely competitive craft beer market.</p>
<p>Paradox Brewery isn't afraid to think big either. </p>
<p>&ldquo;You have to put the time in. You have to show up and get face-to-face with these people because there has to be a degree of comfort on both sides of the arrangement to buy beer from the other side of the planet,&rdquo;<strong> Director of Operations Devon Hamilton </strong>said about plans to expand globally.</p>
<p>By nurturing strong relationships with international partners, Paradox Brewery secures distribution channels and builds a global brand presence, Hamilton also said.</p>
<p>For Paradox Brewery, success isn't just about reacting to market trends but about anticipating and shaping them. Through constant planning and adaptation, the company stays at the forefront of innovation, offering a diverse and appealing portfolio to its customers.</p>
<p>&ldquo;We all sit down, talk about what did well last year, what we think we should bring back for next year, what the upcoming trends are, and argue about what our portfolio will be,&rdquo; Hamilton said.</p>
<p>As Paradox Brewery expands both domestically and internationally, the skills and dedication of its leaders will ensure the New York brand remains a beloved brand in the craft beer industry.</p>',
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			'title' => 'What Cambodia's honey industry can teach businesses ',
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			'description' => 'In 2021, Cambodia's government awarded its first geographic indication (GI) label for the wild honey harvested in Mondulkiri Province. The protected GI label, granted to local products with distinctive regional qualities, has elevated the profile of Cambodian honey on the global stage.',
			'credit_id' => '48',
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			'url' => 'what-cambodias-honey-industry-can-teach-businesses',
			'tags' => 'Cambodia, Leadership, Management, Agriculture, Honey',
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			'content' => '<p>Cambodia&rsquo;s honey industry has experienced steady growth in recent years. In 2021, the government awarded its first geographic indication (GI) label for the wild honey harvested in Mondulkiri Province. The protected GI label, granted to local products with distinctive regional qualities, has elevated the profile of Cambodian honey on the global stage.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-3-CAMB-Honey.jpg" alt="" />
<figcaption class="image-caption">Cambodia Honey Association Executive Director Sem Sreytouch</figcaption>
</figure>
<p>Although varieties like Modulkiri money have been harvested in Cambodia for centuries, efforts to streamline and formalize the industry&rsquo;s value chain are relatively recent and spearheaded by the Cambodia Honey Association (CHA), the main advocacy group representing the sector&rsquo;s stakeholders.</p>
<p>In an interview with GMI POST, CHA underscored the necessary steps to invigorate the industry while providing insight into navigating business in an emerging market landscape.&nbsp;</p>
<p><strong>&nbsp;</strong></p>
<p><span style="font-family: helvetica; font-size: 18pt;"><strong>Collaboration over competition </strong></span></p>
<p><strong>&nbsp;</strong></p>
<p><strong>CHA Executive Director Sem Sreytouch </strong>emphasizes the importance of shifting industry stakeholders&rsquo; mindset from competition to collaboration.</p>
<p>&ldquo;One of our main advocacies is to enact a change in mindset among Cambodian honey growers, apiaries, and other stakeholders in the value chain. A united front is required to elevate the overall standards of the Cambodian honey industry&rdquo; she said.</p>
<p><strong>&nbsp;</strong></p>
<p><span style="font-family: helvetica; font-size: 18pt;"><strong>Prioritize capacity building</strong></span></p>
<p><strong>&nbsp;</strong></p>
<p><strong>Peter Batt, Ph.D of Curtin University,</strong> also a fellow of the International Horticultural Congress, stressed the need for education and capacity-building at the grassroots level in emerging markets like Cambodia.</p>
<p>&ldquo;A key aspect of addressing challenges in Cambodia, particularly within the honey industry, was capacity building of smallholder farmers and empowering those farmers with basic and practical skills to help them grasp what it takes to thrive in trade,&rdquo; he said.</p>
<p><strong>&nbsp;</strong></p>
<p><span style="font-size: 1*pt;"><strong><span style="font-family: helvetica;">Explore untapped resources</span> </strong></span></p>
<p>&nbsp;</p>
<p>CHA also highlighted Cambodia's rich geographic diversity as a wellspring of untapped potential for future GI labels, such as honey from the lesser-known Tonle Sap Lake region. <strong>Dr. Try Yong</strong>, a beekeeping expert and an advisor to the Royal Ministry of Agriculture, underscored Cambodia&rsquo;s abundance of untapped honey collection areas in the rest of the country.</p>
<p>&ldquo;Regions like Tone Sap Lake and the western coasts offer promising opportunities. Despite the vast forests from which much of our honey originates, many areas lack GI certification, signaling significant untapped potential and future business opportunities for our kingdom,&rdquo; he said.</p>',
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			'id' => '545692',
			'title' => 'Wisconsin to give multimillion tax incentive to Kikkoman for new expansion',
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			'description' => 'Kikkoman Foods Inc. has broken ground for its third manufacturing plant in Jefferson County and an expansion to its existing plant in neighboring Walworth County, Wisconsin. To support this fresh investment, the Wisconsin Economic Development Corp. (WEDC) plans to provide the Japanese soy sauce maker up to $15.5 million in performance-based tax credits.',
			'credit_id' => '48',
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			'url' => 'wisconsin-to-give-multimillion-tax-incentive-to-kikkoman-for-new-expansion',
			'tags' => 'US, Japan, Wisconsin, Economic Development, Food',
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			'content' => '<p>Kikkoman Foods Inc. has broken ground for its third manufacturing plant in Jefferson County and an expansion to its existing plant in neighboring Walworth County, Wisconsin. To support this fresh investment, the <strong>Wisconsin Economic Development Corp. (WEDC)</strong> plans to provide the Japanese soy sauce maker up to $15.5 million in performance-based tax credits.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-3-Kikkoman-Wisconsin.jpg" alt="" />
<figcaption class="image-caption">Wisconsin Economic Development Corporation CEO and Secretary Missy Hughes (Source: Milwaukee Business Journal)</figcaption>
</figure>
<p>Kikkoman&rsquo;s expansion in Wisconsin will inject $800 million into the state&rsquo;s economy and create 83 new jobs over the next decade. The Walworth facility, opened in 1973, is the company&rsquo;s highest-producing soy sauce factory globally.</p>
<p>Meanwhile, the plant in Jefferson City is scheduled to start operations in 2026 and will focus on soy sauce-related products, like teriyaki sauce. Aside from enhancing efficiency and scalability, the facility will bolster Kikkoman&rsquo;s sustainability efforts by using renewable energy sources and equipment with lower CO2 emissions.</p>
<p><strong>WEDC Secretary and CEO Missy Hughes</strong> welcomed the announcement: &ldquo;Fifty years ago, Kikkoman made history by choosing Walworth, Wisconsin for its first international brewing plant. Now, by expanding its presence in Jefferson, Kikkoman is opening a new chapter in its history.&rdquo;</p>
<p><strong>Jefferson City Mayor Dale Oppermann</strong> expressed appreciation for Kikkoman&rsquo;s continued trust in the region: &ldquo;Kikkoman&rsquo;s decision to invest in Jefferson underscores the strength and appeal of our local food and beverage niche. We look forward to a long, prosperous partnership.&rdquo;</p>
<p>Meanwhile, <strong>Kikkoman Chair and honorary CEO Yuzauro Mogi </strong>said the company&rsquo;s choice of Wisconsin was rooted in several factors, among them its location, which provided convenient market access, as well as its skilled workforce, easy availability of raw materials, an abundance of clean water, the collaborative spirit of the local community.</p>
<p>&ldquo;We look forward to expanding our footprints in Wisconsin and establishing a supply chain with increased stability in North America,&rdquo; he also said.</p>
<p>Over the past five decades, Kikkoman has transformed rural Wisconsin through partnerships with the local community, donating more than $17 million to charitable organizations.</p>
<p>As one of the first production facilities set up by a Japanese company in the United States, the Walworth plant is seen as a valuable symbol of the close business and cultural partnership between the two countries.</p>
<p>&ldquo;Whether it&rsquo;s providing thousands of jobs, bolstering our economy or providing us and the world with phenomenal soy sauce, Kikkoman is doing good work across Wisconsin and the country. I am grateful for their continued partnership and expansion in Wisconsin,&rdquo; said <strong>Gov. Tony Evers</strong>.</p>',
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			'section_summary' => 'Kikkoman Foods Inc. has broken ground for its third manufacturing plant in Jefferson County and an expansion to its existing plant in neighboring Walworth County, Wisconsin. To support this fresh investment, the Wisconsin Economic Development Corp. (WEDC) plans to provide the Japanese soy sauce maker up to $15.5 million in performance-based tax credits.',
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		'Articles' => array(
			'id' => '545693',
			'title' => 'New York wants more Japanese chipmakers in the state',
			'description_old' => null,
			'description' => 'Empire State Development (ESD), the umbrella organization for New York's two main economic development corporations, wants more Japanese chip industry suppliers to open operations in the state to support the upcoming manufacturing facilities of Micron Technology, the world's fourth-largest semiconductor company.',
			'credit_id' => '48',
			'image' => null,
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			'url' => 'new-york-wants-more-japanese-chipmakers-in-the-state',
			'tags' => 'US, Japan, New York, Economic Development, IT',
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			'content' => '<p><strong>Empire State Development (ESD)</strong>, the umbrella organization for New York's two main economic development corporations, wants more Japanese chip industry suppliers to open operations in the state to support the upcoming manufacturing facilities of Micron Technology, the world&rsquo;s fourth-largest semiconductor company.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-3-Micron-NY.jpg" alt="" />
<figcaption class="image-caption">Empire State Development President Hope Knight (Source: Empire State Development)</figcaption>
</figure>
<p>&ldquo;Last year, we were able to attract Micron to central New York. With the large investment that Micron is making, $100 billion, we know that we have to build an ecosystem to support that activity. That's why we're here on this mission: to talk to Japanese firms, some of Micron's suppliers, to come and locate in New York,&rdquo; <strong>ESD President Hope Knight</strong> told Nikkei Asia.</p>
<p>While Knight did not name the companies she spoke to during her visit to Japan, she mentioned that some were &ldquo;very excited about the possibility&rdquo; of investing in the state.</p>
<p>Micron, the only memory and storage manufacturer in the United States, has announced plans to build a $100 billion &ldquo;mega fab,&rdquo; which will employ more than 9,000 people, near Syracuse in upstate New York.</p>
<p>Even before the CHIPS and Science Act became federal law in 2022, New York had unveiled its $10 billion program, called Green CHIPS, which offered tax incentives to chip manufacturers. Participants of Green CHIPS can benefit from zero corporate income tax rates and receive tax credits based on their capital spending and research and development expenditures.</p>
<p>&ldquo;We customize a package for you,&rdquo; said Knight, who emphasized that incentives are tailored based on various factors, like the number of jobs created and size of investment.</p>
<p>The ESD president highlighted the importance of bringing back chip manufacturing to the United States, citing national security concerns and geopolitical trends, and underscored New York's manufacturing legacy and its readiness to revive its manufacturing sector.</p>
<p>New York has prioritized chip manufacturing as a key industry for economic growth. Apart from IBM, 75 other semiconductor-related companies have made new investments in the state. And since the introduction of Green CHIPS, total investments have reached $112 billion.</p>
<p>On concerns surrounding the high cost of living and labor costs associated with New York City, Knight said that cities in upstate New York, such as Albany, Syracuse, Rochester and Buffalo, offer affordability and have cheaper sources of clean power.</p>
<p>As head of ESD, Knight works closely with Gov. Kathy Hochul in developing the state economy through various measures like financing, subsidies, and tax breaks. As of 2022, ESD has been involved in at least 190 projects.</p>',
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			'id' => '545694',
			'title' => 'Toyota unveils $1.4 billion investment in Indiana to make more electric vehicles',
			'description_old' => null,
			'description' => 'Toyota, the world's largest automaker, has announced a $1.4 billion expansion of its factory in the U.S. state of Indiana to produce electric vehicles (EVs) starting in 2026. With the new expansion, Toyota Motor Manufacturing Indiana will become the company's second EV production facility in the United States.',
			'credit_id' => '48',
			'image' => null,
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			'url' => 'toyota-unveils-14-billion-investment-in-indiana-to-make-more-electric-vehicles',
			'tags' => 'US, Japan, Indiana, Electric Vehicles',
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			'content' => '<p>Toyota, the world&rsquo;s largest automaker, has announced a $1.4 billion expansion of its factory in the U.S. state of Indiana to produce electric vehicles (EVs) starting in 2026. With the new expansion, Toyota Motor Manufacturing Indiana will become the company&rsquo;s second EV production facility in the United States.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-3-Toyota-EVs.jpg" alt="" />
<figcaption class="image-caption">Toyota Motor Manufacturing Indiana President Tim Hollander (Source: PR Newswire)</figcaption>
</figure>
<p>According to Nikkei Asia, the investment will create 340 new high-quality jobs and increase the company&rsquo;s total number of employees in Indiana to around 8,000. The expansion also raises</p>
<p>Toyota&rsquo;s total investment in the state to $8 billion, Green Car Congress reported. <br /><br />Toyota&rsquo;s decision to increase EV production comes amid a surge in demand for its hybrid models, said CBT News.</p>
<p>In April, Toyota reported record annual sales for the fiscal year ending in March, surpassing the 10 million-unit mark for the first time. Its hybrid models have played a major role in growing the company&rsquo;s market share over the past year.</p>
<p>Toyota&rsquo;s only other EV factory in the United States is in Kentucky. The facility Georgetown is due to begin operations next year.</p>
<p>"Since 2021, Toyota has announced new investments totaling $18.6 billion into its U.S. manufacturing operations to support electrification efforts," the company said.</p>',
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		'Articles' => array(
			'id' => '545689',
			'title' => 'Singapore: A fertile ground for Edtech ',
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			'description' => 'Globally, education technology (Edtech) is a rapidly growing sector. According to Precision Report's EdTech Market Research Report 2024, the global Edtech market size was valued at $115 billion in 2021 and is expected to reach $467 billion by 2027. ',
			'credit_id' => '48',
			'image' => null,
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			'url' => 'singapore-a-fertile-ground-for-edtech',
			'tags' => 'Japan, Singapore, Education',
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			'content' => '<p>Globally, education technology (Edtech) is a rapidly growing sector. According to Precision Report&rsquo;s EdTech Market Research Report 2024, the global Edtech market size was valued at $115 billion in 2021 and is expected to reach $467 billion by 2027.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-2-SG-Education.jpg" alt="" />
<figcaption class="image-caption">Starting them young: Singapore's education system has gained admiration from around the world.</figcaption>
</figure>
<p>Singapore has stood out as one of the most fertile grounds for the sector&rsquo;s growth. The origins of Singapore&rsquo;s thriving Edtech sector can be traced back to 2014, when the country&rsquo;s national government enacted its Smart Nation initiative, which required schools to incorporate innovation and technology in the daily lives of Singaporean families.</p>
<p>According to UNESCO, the challenge for schools was to create meaningful learning experiences that reflected such integration, which meant that highly qualified faculty must constantly be engaged in research and innovation. Otherwise, how can one teach about advancements while experiencing none?</p>
<p>Since the enactment of the Smart Nation initiative, there have been more than 790 Edtech startups launched in Singapore. Today, the government continues to invest heavily in training its future labor pool. <br /><br />Aside from encouraging life-long learning, the city-state&rsquo;s government has also rolled out other initiatives to boost the growth of Edtech in Singapore, like an ICT masterplan, infrastructure upgrades, accelerator programs, increased connectivity in schools, and access to learning resources and opportunities for collaborations for schools and startups.</p>
<p>Those looking to start or invest in an Edtech venture will reap many benefits by betting on Singapore.</p>',
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			'id' => '545690',
			'title' => 'Columbia University seeks closer partnerships with Japan ',
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			'description' => 'The Japan Study Student Association at Columbia University's School of International and Public Affairs organized a visit to Japan in March to allow some of its members to learn more about the country's government, people, culture, and food.',
			'credit_id' => '48',
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			'url' => 'columbia-university-seeks-closer-partnerships-with-japan',
			'tags' => 'US, Japan, Education',
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			'content' => '<p>The Japan Study Student Association at <strong>Columbia University&rsquo;s School of International and Public Affairs </strong>organized a visit to Japan in March to allow some of its members to learn more about the country&rsquo;s government, people, culture, and food.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-2-NYNJ-JASSA-Education.jpg" alt="" />
<figcaption class="image-caption">JASSA representatives during their Japan trip</figcaption>
</figure>
<p>&ldquo;The Japan trip was a phenomenal opportunity not only from a career development perspective but also from a personal development perspective,&rdquo; JASSA Representative Daniel Alvarez said in an article posted on SIPA&rsquo;s website.</p>
<p>&ldquo;Speaking with top politicians, participating in cultural ceremonies, learning about critical events in Japan&rsquo;s history, experiencing the excellent cuisine, and enjoying the nightlife with new friends made for a very well-rounded trip and once-in-a-lifetime experience,&rdquo; Alvarez added.</p>
<p>For SIPA students who want to join future Japan trips, Alvarez encouraged fellow members to attend upcoming JASSA events so they can express their interest to the organizers. The trip was just one of many events of SIPA to bolster U.S.-Japan cooperation.</p>
<p>In June 2023<strong>, SIPA Dean Keren Yarhi-Milo</strong> visited the University of Tokyo's Graduate School of Public Policy, a fellow member of the Global Public Policy Network, where she held pivotal discussions to enhance cross-cultural exchange. <br /><br />In interviews with local media, including Nikkei Asia and TV Tokyo, Yarhi-Milo highlighted SIPA's commitment to integrating Japanese perspectives within its academic community.</p>
<p>&ldquo;We want our students and our faculty to be involved and engaged with Japan,&rdquo; said Yarhi-Milo as she recognized the country&rsquo;s significant economic and strategic influence in East Asia.</p>',
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	(int) 9 => array(
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			'id' => '545691',
			'title' => '3 reasons Japan-Cambodia education partnerships are thriving',
			'description_old' => null,
			'description' => 'As Cambodia and Japan commemorate 70 years of diplomatic relations, the two nations look forward to a new era in their partnership as they seek fresh fields of collaboration. More and more Japanese recognize Cambodia's untapped potential and hope to play a role in the development of its population.',
			'credit_id' => '48',
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			'url' => '3-reasons-japan-cambodia-education-partnerships-are-thriving',
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			'content' => '<p>As Cambodia and Japan commemorate 70 years of diplomatic relations, the two nations look forward to a new era in their partnership as they seek fresh fields of collaboration. More and more Japanese recognize Cambodia&rsquo;s untapped potential and hope to play a role in the development of its population.</p>
<p>For instance, the increased prominence of the <strong>Institute of Technology of Cambodia </strong>among the expatriate population reveals three key reasons Cambodia&rsquo;s educational landscape has attracted the attention of the Japanese community.</p>
<p>&nbsp;</p>
<p><span style="font-family: helvetica; font-size: 16pt;"><strong>The population is young, growing and mobile</strong></span></p>
<p>&nbsp;</p>
<p>CiteSeerX reports that nearly 70% of Cambodians are 29-years old and younger. <br /><br />&ldquo;Among Cambodia&rsquo;s younger generation, the literacy rate is reported to be quite high because of increasing opportunities for education. The gender gap among young adults is not so substantial, although some age group differences exist,&rdquo; Japan International Cooperation Agency said in its 2023 Country Study.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-2-CAMB-Japan-Education.jpg" alt="" />
<figcaption class="image-caption">Institute of Technology of Cambodia Rector Dr. Po Kimtho (left) and Kanazawa University President Takashi Wada (right)</figcaption>
</figure>
<p>&ldquo;This implies that very well-targeted literacy education by age, sex, geography, time of the class, and contents of the class will likely bring about significant domestic and foreign partnerships in Cambodia&rsquo;s education sector,&rdquo; the study added.An example of such a partnership is that between ITC and Panasonic Cambodia. ITC is one of only two institutions in the kingdom to receive scholarships from Panasonic Cambodia, the local subsidiary of Japanese tech giant Panasonic Group. Panasonic Cambodia Country Head Yosunoby Matsumoto said the initiative will be a means to &ldquo;maximize workforce potential, fostering growth, and nurturing the next generation of leaders.&rdquo;</p>
<p>According to Matsumoto, Panasonic Cambodia recognizes the talented local science and technology students and continues to invest in their capacity building to develop the next generation of technology business leaders that will allow them to participate in a global economy.</p>
<p><strong>&nbsp;</strong></p>
<p><span style="font-size: 16pt;"><strong><span style="font-family: helvetica;">It is open to international collaboration</span> </strong></span></p>
<p>&nbsp;</p>
<p>Cambodia is home to more than 128 higher education institutions, at least 45 of which (including ITC) have active international partnerships with universities and organizations abroad. ITC&rsquo;s outreach activities have helped position itself as an ideal partner for Japanese ventures.</p>
<p>Last year, the deputy director of ITC, along with six other academic delegates, visited the Tokyo Institute of Technology (Tokyo Tech), to partake in the training course &ldquo;Project for Strengthening Engineering Education and Research for Industrial Development in Cambodia,&rdquo; organized by JICA.</p>
<p>Subsequently, JICA formalized an agreement with ITC to strengthen engineering education and research in industrial development in Cambodia</p>
<p>&nbsp;</p>
<p><span style="font-family: helvetica; font-size: 16pt;"><strong>A growing vocationally and technically proficient workforce</strong></span></p>
<p>&nbsp;</p>
<p>&ldquo;Strengthening technical and vocational training is pivotal to attracting Japanese investment in Cambodia,&rdquo; said Labor and Vocational Training Minister Heng Sour, who urged JICA to persist in developing human resources in these domains, a statement that JICA President Sanui Kazumasa agreed with.</p>
<p>ITC, a partner of JICA, produces approximately 3,700 undergraduate and graduate students specializing in science, technology, and engineering.</p>',
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			'id' => '545686',
			'title' => 'Japan's JERA and Inpex to invest in separate U.S. ammonia projects',
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			'description' => 'To bolster Japan's clean energy initiatives, two major Japanese energy companies, JERA and Inpex, are preparing to invest in separate projects in the United States that will produce ammonia for clean-burning power generation in Japan, Nikkei Asia reports. ',
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			'url' => 'japans-jera-and-inpex-to-invest-in-separate-us-ammonia-projects',
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			'content' => '<p>To bolster Japan's clean energy initiatives, two major Japanese energy companies,<strong> JERA</strong> and <strong>Inpex</strong>, are preparing to invest in separate projects in the United States that will produce ammonia for clean-burning power generation in Japan, Nikkei Asia reports.</p>
<figure class="image-container floated-right" style="float: right;"><img class="align-right" src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-2-JERA-and-Inpex.jpg" alt="" />
<figcaption class="image-caption">Inpex President Takayuki Ueda</figcaption>
</figure>
<p><strong>JERA Global CEO and Chair Yukio Kani </strong>and<strong> Inpex President Takayuki Ueda</strong> confirmed the investments with local U.S. media at the CERAWeek 2024 energy industry conference held in Houston, Texas.</p>
<p>JERA, a joint venture between Tokyo Electric Power and Chubu Electric Power, announced its partnership with Oklahoma-based green energy company, Greenfield Energy. Together, they will build a facility in Louisiana to produce green ammonia using renewable energy sources.</p>
<p>Kani also confirmed to media that JERA will hire more people at its U.S. arm, aiming to expand the workforce by 30% after a year to around 250 employees.</p>
<p>On the other hand, Inpex, a leading oil and gas exploration and production company, is exploring opportunities in Texas to establish its own ammonia production facility.</p>
<p>According to Nikkei Asia, Inpex plans to produce 1.1 million tons of ammonia annually in Houston by 2027.</p>
<p>The investments by JERA and Inpex mark significant milestones in Japan's quest for cleaner energy alternatives.</p>',
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			'description' => 'To promote Japanese contribution to the United States' investment landscape, Prime Minister Fumio Kishida visited North Carolina in April to tour the site of Toyota Motor Corp.'s electric and hybrid battery plant in the city of Greensboro.',
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			'content' => '<p>To promote Japanese contribution to the United States&rsquo; investment landscape, <strong>Prime Minister Fumio Kishida</strong> visited North Carolina in April to tour the site of Toyota Motor Corp.&rsquo;s electric and hybrid battery plant in the city of Greensboro.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-2-Kishida-Visit-to-NC.jpg" alt="" />
<figcaption class="image-caption">Japanese Prime Minister Fumio Kishida (center) visits Toyota's EV battery plant being built in North Carolina. (Photo source: Nikkei Asia)</figcaption>
</figure>
<p>Kishida&rsquo;s visit marked a historic moment in U.S.-Japan relations because it was the first time since 1891 that a foreign head of state visited the governor&rsquo;s mansion and the first time in a decade that a Japanese prime minister visited the state.</p>
<p>&ldquo;I am honored to be here in North Carolina to showcase the multilayered and strong ties between the United States and Japan,&rdquo; Kishida told guests at the luncheon at the state governor&rsquo;s mansion. He also lauded North Carolina for being a state &ldquo;at the forefront of the times.&rdquo;</p>
<p>Japan remains North Carolina&rsquo;s largest foreign direct investor, employing over 30,000 people in over 200 Japanese companies.</p>
<p>According to the Environmental Defense Fund, North Carolina leads all U.S. states in electric vehicle (EV) investment, attracting over $19 billion in the past year. This is attributed to its world-class infrastructure, skilled workforce, and favorable local policies.</p>
<p>Capitalizing on that environment, Japanese automakers have expanded their EV production capacity in the state. Toyota invested an additional $8 billion in its Greensboro battery plant, raising its total capital investment to around $14 billion and generating more than 5,000 new jobs.</p>
<p>Chiaki Takagi, a Japanese studies lecturer at the University of North Carolina Greensboro, highlighted the significance of Kishida&rsquo;s visit: &ldquo;This whole thing will provide the area with opportunities to be engaged in very active cultural exchange between Japan and the U.S.&rdquo;</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&rsquo;s global market dominance.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-13-Tenstorrent.jpg" alt="" />
<figcaption class="image-caption">Tenstorrent CEO Jim Keller (Photo source: Tenstorrent)</figcaption>
</figure>
<p>Headquartered in Toronto, Tenstorrent has offices in Austin, Texas and Santa Clara, California, as well as in Belgrade, Tokyo, Bangalore, and Seoul. The company claims to be developing AI processors that perform as efficiently as Nvidia's AI GPUs but at a lower cost.</p>
<p>At present, Nvidia is the global market leader when it comes to AI chips. Its AI accelerators command between 70% and 95% of the global market share, according to CNBC.</p>
<p>Keller also said in the interview that Tenstorrent hopes to sell its second-generation multipurpose AI chip by the end of this year.</p>
<p>According to Keller, Tenstorrent can achieve its objective because it does not use high-bandwidth memory (HBM), a popular type of advanced memory chip capable of transferring large amounts of data quickly. HBM is a vital component for generative AI chips and has played a significant role in the success of Nvidia's offerings.</p>
<p>But Keller pointed out that HBM was also one of the culprits behind the massive energy consumption and high prices of AI chips.</p>
<p>"Even the people that use HBM struggle with the cost of it, [and] the design time to build it,&rdquo; 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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			'title' => 'ITOCHU to take part in Taiwan's smart city project ',
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			'description' => 'Tokyo-based trading giant ITOCHU secured a contract to develop and test AI systems that will help run the transportation network and energy infrastructure of a future smart city project in southern Taiwan, according to a company press release.',
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			'content' => '<p>Tokyo-based trading giant <strong>ITOCHU</strong> secured a contract to develop and test AI systems that will help run the transportation network and energy infrastructure of a future smart city project in southern Taiwan, according to a company press release.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-13-ITOCHU-Taiwan.jpg" alt="" />
<figcaption class="image-caption">ITOCHU plans to roll out AI-powered buses for Taiwan's new smart city project in Tainan. (Photo source: Nikkei Asia)</figcaption>
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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&rsquo;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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			'title' => 'Melexis opens its largest wafer testing site in Malaysia',
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			'description' => 'Belgium-based supplier of semiconductor solutions Melexis has opened its largest wafer testing site worldwide in Kuching in the Malaysian state of Sarawak to strengthen its presence in Asia-Pacific and meet the rising demand for semiconductors around the world, according to a company announcement.',
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			'content' => '<p>Belgium-based supplier of semiconductor solutions <strong>Melexis</strong> has opened its largest wafer testing site worldwide in Kuching in the Malaysian state of Sarawak to strengthen its presence in Asia-Pacific and meet the rising demand for semiconductors around the world, according to a company announcement.</p>
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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>
</figure>
<p>Wafer testing is part of the manufacturing process wherein all individual integrated circuits are checked for functional defects through special test patterns.</p>
<p>According to Melexis, its expansion in Malaysia is a strategic move to streamline logistics and reduce its ecological footprint. Additionally, it selected Kuching because of its diverse, multilingual, entrepreneurial and highly skilled workforce.</p>
<p><strong>Melexis CEO Marc Biron </strong>said, &ldquo;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.&rdquo;</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&rsquo;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>&ldquo;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,&rdquo; <strong>Sarawak&rsquo;s Ministry of International Trade, Industry and Investment </strong>said in a statement<strong>.</strong></p>
<p>&ldquo;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,&rdquo; 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 &ldquo;a team of passionate innovators dedicated to bringing safe, zero-emission flight to aviation.&rdquo; The company claims its hydrogen-electric propulsion systems are &ldquo;the most environmentally friendly and economically attractive solution to aviation&rsquo;s growing climate change impact.&rdquo;</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&rsquo;s long-term goal of helping save the planet by decarbonizing the aviation industry.</p>',
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			'title' => 'Virginia is named the best U.S. state for business',
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			'description' => 'For the third time in the last five years, Virginia was ranked America's Top State for Business in 2024 by CNBC, which cited the state for having the best public schools in the country. It grabbed the top spot in 2007, 2009, 2011, 2019, and 2021.',
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			'content' => '<p>For the third time in the last five years,<strong> Virginia</strong> was ranked America&rsquo;s Top State for Business in 2024 by CNBC, which cited the state for having the best public schools in the country. It grabbed the top spot in 2007, 2009, 2011, 2019, and 2021.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-13-Virginia.jpg" alt="" />
<figcaption class="image-caption">Fairfax County Economic Development Authority President and CEO Victor Hoskins (Photo source: Fairfax County Economic Development Authority)</figcaption>
</figure>
<p>&ldquo;Congratulations to Virginia on being named America&rsquo;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,&rdquo; 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&rsquo;s 10 categories this year, &ldquo;a rare feat,&rdquo; 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&rsquo;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&rsquo;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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			'title' => 'FANUC America unveils new $110m U.S. robot center in Michigan',
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			'description' => 'The U.S. subsidiary of Japanese group FANUC, one of the world's largest makers of industrial robots, has opened a $110 million facility in Michigan to store, sell and maintain made-in-Japan industrial robots for North American customers, according to a statement from FANUC America.',
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			'content' => '<p>The U.S. subsidiary of Japanese group <strong>FANUC</strong>, one of the world&rsquo;s largest makers of industrial robots, has opened a $110 million facility in Michigan to store, sell and maintain made-in-Japan industrial robots for North American customers, according to a statement from FANUC America.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-13-FANUC.jpg" alt="" />
<figcaption class="image-caption">Michigan Gov. Gretchen Whitmer (center) with senior officers of FANUC America at its West Campus. (Photo source: FANUC America)</figcaption>
</figure>
<p>The new 650,000-square-foot facility was inaugurated on July 10 and is located in FANUC America&rsquo;s West Campus in Auburn Hills, Michigan. The expansion increases the company&rsquo;s footprint in Michigan to over 2 million square feet and is part of FANUC America&rsquo;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,&rdquo; <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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			'description' => 'K Health, a leading AI-driven primary care company that provides 24/7 virtual primary care solutions through its mobile app, announced this month that it had raised $50 million in funding led by Claure Group with participation from investors, including Pablo Legorreta (founder and CEO of Royalty Pharma) and Mangrove Capital Partners, Valor Equity Partners, and Atreides Management.',
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			'content' => '<p><strong>K Health</strong>, a leading AI-driven primary care company that provides 24/7 virtual primary care solutions through its mobile app, announced this month that it had raised $50 million in funding led by Claure Group with participation from investors, including Pablo Legorreta (founder and CEO of Royalty Pharma) and Mangrove Capital Partners, Valor Equity Partners, and Atreides Management.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-12-NYNJ-K-Health-Alan-Bloch.jpg" alt="" />
<figcaption class="image-caption">K Health founder and CEO Allon Bloch (Photo source: K Health)</figcaption>
</figure>
<p>K Health said in the same statement that it had been developing its own AI technology for more than seven years. Today, it can provide 24/7 virtual primary care solutions to millions of people in the United States.</p>
<p>The K Health platform includes clinical-grade medical chat and AI predictive models based on large datasets to help physicians optimize diagnosis and treatment and focus on patient care.</p>
<p>Instead of doctors taking patients through lengthy procedures and manually piecing together their medical history from electronic medical records, K Health allows healthcare providers to engage more quickly and closely with patients by giving them a complete medical chart with patient insights straight from the app.</p>
<p>According to K Health, this new model of care delivery achieves dramatically higher quality of care at lower costs compared to traditional primary care.</p>
<p>&ldquo;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,&rdquo; explained<strong> K Health founder and CEO Allon Bloch.</strong></p>
<p>&ldquo;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,&rdquo; 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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			'content' => '<p>Ontario-based multinational <strong>Lee Li Holdings (LLH)</strong> <strong>CEO Lee Q. Shim</strong> told <strong>Cambodian Prime Minister Hun Manet </strong>in a meeting at the capital Phnom Penh this month that his company was looking at investment opportunities in the country, including its automotive healthcare, gas and oil, food processing and logistics, automobiles, and exports accreditation sectors.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-12-CAMB-Li-Lee-Holdings.jpg" alt="" />
<figcaption class="image-caption">Cambodia Prime Minister Hun Manet (right) met with Lee Li Holdings President and CEO Lee Q. Shim (Ieft) in Phnom Penh this month. (Photo source: Office of the Prime Minister)</figcaption>
</figure>
<p>During the meeting, Manet pointed out that the <strong>Cambodia Chamber of Commerce</strong> had two representative offices in Canada (Toronto and Montreal) that promote bilateral trade and assist exporters and importers in their two countries.</p>
<p>&ldquo;Shim&rsquo;s visit will further contribute to the promotion of trade relations between Cambodia and Canada,&rdquo; 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&rsquo;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>
<p>&ldquo;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,&rdquo; said <strong>National University Centre for Trauma Director Raj Menon.</strong></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&rsquo;s only pediatric kidney and liver transplant program.</p>',
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		'title' => 'Kishida visits North Carolina: Why is it groundbreaking?',
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		'description' => 'To promote Japanese contribution to the United States' investment landscape, Prime Minister Fumio Kishida visited North Carolina in April to tour the site of Toyota Motor Corp.'s electric and hybrid battery plant in the city of Greensboro.',
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		'content' => '<p>To promote Japanese contribution to the United States&rsquo; investment landscape, <strong>Prime Minister Fumio Kishida</strong> visited North Carolina in April to tour the site of Toyota Motor Corp.&rsquo;s electric and hybrid battery plant in the city of Greensboro.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-2-Kishida-Visit-to-NC.jpg" alt="" />
<figcaption class="image-caption">Japanese Prime Minister Fumio Kishida (center) visits Toyota's EV battery plant being built in North Carolina. (Photo source: Nikkei Asia)</figcaption>
</figure>
<p>Kishida&rsquo;s visit marked a historic moment in U.S.-Japan relations because it was the first time since 1891 that a foreign head of state visited the governor&rsquo;s mansion and the first time in a decade that a Japanese prime minister visited the state.</p>
<p>&ldquo;I am honored to be here in North Carolina to showcase the multilayered and strong ties between the United States and Japan,&rdquo; Kishida told guests at the luncheon at the state governor&rsquo;s mansion. He also lauded North Carolina for being a state &ldquo;at the forefront of the times.&rdquo;</p>
<p>Japan remains North Carolina&rsquo;s largest foreign direct investor, employing over 30,000 people in over 200 Japanese companies.</p>
<p>According to the Environmental Defense Fund, North Carolina leads all U.S. states in electric vehicle (EV) investment, attracting over $19 billion in the past year. This is attributed to its world-class infrastructure, skilled workforce, and favorable local policies.</p>
<p>Capitalizing on that environment, Japanese automakers have expanded their EV production capacity in the state. Toyota invested an additional $8 billion in its Greensboro battery plant, raising its total capital investment to around $14 billion and generating more than 5,000 new jobs.</p>
<p>Chiaki Takagi, a Japanese studies lecturer at the University of North Carolina Greensboro, highlighted the significance of Kishida&rsquo;s visit: &ldquo;This whole thing will provide the area with opportunities to be engaged in very active cultural exchange between Japan and the U.S.&rdquo;</p>',
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View::_evaluate() - CORE/Cake/View/View.php, line 971
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Notice (8): Undefined index: SpecialFeature [APP/View/Featuresite/upcomingfeaturelist.ctp, line 53]
Code Context
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			'title' => 'Japan's largest conveyor-belt sushi chain rolls out in the U.S.',
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			'description' => 'Boston's Japanese food scene got more diverse with the opening in April of Sakabayashi Sushi Tavern, a subsidiary of Japan's largest conveyor-belt sushi chain, Sushiro. The restaurant is the first investment of its parent company, Food & Life Co., in the United States. ',
			'credit_id' => '48',
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			'content' => '<p>Boston&rsquo;s Japanese food scene got more diverse with the opening in April of Sakabayashi Sushi Tavern, a subsidiary of Japan&rsquo;s largest conveyor-belt sushi chain, Sushiro. The restaurant is the first investment of its parent company, <strong>Food &amp; Life Co.</strong>, in the United States.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-4-Sushiro.jpg" alt="" />
<figcaption class="image-caption">Food &amp; Life Companies USA President Yosuke Tanaka (Source: LinkedIn/Yosue Tanaka)</figcaption>
</figure>
<p>Sakabayashi retained the original restaurant&rsquo;s <em>izakaya </em>style of dining<em>, </em>wherein patrons can eat and drink in a casual setting. With menu items priced from under $10, the restaurant wants to attract a diverse crowd.</p>
<p>&ldquo;Ensuring affordability while providing an authentic Japanese experience to Americans is paramount. Eighty percent of our menu is recreated from Japan. Our raw ingredients are sourced from our global procurement chain,&rdquo; said <strong>Food &amp; Life Companies USA President Yosuke Tanaka.</strong></p>
<p>Although Sakabayashi Sushi Tavern is Food and Life&rsquo;s first foray in the country, the group has many years of international experience. With operations in eight countries, primarily in Asia, Food &amp; Life aims to generate $1.45 billion in overseas revenue by the end of the fiscal year 2026 by opening more conveyor-belt sushi restaurants in the United States.</p>
<p>&ldquo;Our priority is not limited to deploying our existing brand but also to discovering, developing, and expanding new brands and food-services formats through the reinforcement of our competitive advantages in ingredient development, procurement, and supply chain management,&rdquo; said <strong>Food &amp; Life Ltd. President and CEO Koichi Mizutome.</strong></p>
<p>Mizutome&rsquo;s confidence stems from the growing popularity of Japanese cuisine in the United States. In 2023, revenues of sushi restaurants in America grew by 4.5% and are expected to grow further, according to research firm IBIS World.</p>
<p>In the United States, ramen shops are also growing more popular as various Japanese chains, like Fukuoka and Ramen Santouka, plan to open more outlets across the country.</p>',
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			'title' => 'Impostor Syndrome and The Incomplete Leader',
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			'description' => 'Now that everyone's details, accomplishments, and track record are easily fact-checked and reviewed on the internet, there has been a rise in the number of anxiety-riddled executives. The same tool used for work productivity has also been a source of consternation.',
			'credit_id' => '48',
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			'url' => 'impostor-syndrome-and-the-incomplete-leader',
			'tags' => 'Leadership, Management, Impostor Syndrome',
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			'content' => '<p>The notion that &ldquo;leaders have to be flawless&rdquo; is starting to disappear. Access to unlimited information, a.k.a. the Internet, should have changed this perception ages ago.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-3-SG-Impostor-Syndrome.jpg" alt="" />
<figcaption class="image-caption">The workplace has evolved to become a more forgiving place for its leaders. (Illustration by Lianne Dominguez)</figcaption>
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<p>But now that everyone&rsquo;s details, accomplishments, and track record are easily fact-checked and reviewed on the internet, there has been a rise in the number of anxiety-riddled executives. The same tool used for work productivity has also been a source of consternation.</p>
<p>The pressure to have intellectual and interpersonal superiority is at an all-time high. According to the National Library of Medicine, impostor syndrome (IS) is a behavioral health phenomenon described as self-doubt of intellect, skills, or accomplishments among high-achieving individuals. Yes! The seemingly poised manager could be a fa&ccedil;ade.</p>
<p>Despite the tremendous pressure for perfection, an article in Harvard Business Review offers a solution to ease some caffeine-stimulated corporate minds. The authors, in praise of &ldquo;The Incomplete Leader,&rdquo; recommend embracing imperfections to strengthen one&rsquo;s leadership abilities. It also said that organizations were evolving to become more collaborative than hierarchical.</p>
<p>Decisions should often be made in the context of the open economy, therefore as no senior executive has a monopoly on knowledge. The overarching theme was that: Leaders should determine the right colleague to handle areas of their perceived weaknesses.&nbsp;</p>
<p>In fact, four leadership capabilities are developed during this process: sense-making, relating, visioning, and inventing.</p>
<p>Arguably, many teams have adopted the practice of &ldquo;excellence&rdquo; over &ldquo;perfection&rdquo;. The culture of excellence, while forgiving mistakes and considering personal limitations, does not absolve leaders and team members from giving their best.</p>
<p>Accepting the new demands and realities of a hybrid workplace, especially for leaders, will empower and not overwhelm the incomplete leader.</p>',
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			'title' => 'Brewing success: How leadership catapulted Paradox Brewery to new heights',
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			'description' => 'Paradox Brewery President and founder Paul Mrocka is widely credited for driving the New York-based to new levels of success through strategic planning, data-driven decision-making, and effective international partnerships.',
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			'content' => '<p><strong>Paradox Brewery President and founder Paul Mrocka </strong>is widely credited for driving the New York-based to new levels of success through strategic planning, data-driven decision-making, and effective international partnerships.</p>
<p>According to Mrocka, data isn't just numbers at Paradox Brewery. It's a roadmap to success.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-3-NYNJ-Paradox-Brewery.jpg" alt="" />
<figcaption class="image-caption">Paradox Brewery President and founder Paul Mrocka</figcaption>
</figure>
<p>In an interview with GMI POST, Mrocka emphasized their reliance on Information Resources, Inc. (IRI) data to understand market trends, consumer preferences, and competitor strategies.</p>
<p>&ldquo;We're very competitive in our prices and a data-driven company. We tell stories with this data that we buy. And we use that data to go to the buyer and talk to them about it,&rdquo; he said.</p>
<p>By leveraging IRI&rsquo;s data, Paradox Brewery gains insights that shape its marketing strategies and product development, ensuring it stays ahead in the fiercely competitive craft beer market.</p>
<p>Paradox Brewery isn't afraid to think big either. </p>
<p>&ldquo;You have to put the time in. You have to show up and get face-to-face with these people because there has to be a degree of comfort on both sides of the arrangement to buy beer from the other side of the planet,&rdquo;<strong> Director of Operations Devon Hamilton </strong>said about plans to expand globally.</p>
<p>By nurturing strong relationships with international partners, Paradox Brewery secures distribution channels and builds a global brand presence, Hamilton also said.</p>
<p>For Paradox Brewery, success isn't just about reacting to market trends but about anticipating and shaping them. Through constant planning and adaptation, the company stays at the forefront of innovation, offering a diverse and appealing portfolio to its customers.</p>
<p>&ldquo;We all sit down, talk about what did well last year, what we think we should bring back for next year, what the upcoming trends are, and argue about what our portfolio will be,&rdquo; Hamilton said.</p>
<p>As Paradox Brewery expands both domestically and internationally, the skills and dedication of its leaders will ensure the New York brand remains a beloved brand in the craft beer industry.</p>',
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			'title' => 'What Cambodia's honey industry can teach businesses ',
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			'description' => 'In 2021, Cambodia's government awarded its first geographic indication (GI) label for the wild honey harvested in Mondulkiri Province. The protected GI label, granted to local products with distinctive regional qualities, has elevated the profile of Cambodian honey on the global stage.',
			'credit_id' => '48',
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			'url' => 'what-cambodias-honey-industry-can-teach-businesses',
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			'content' => '<p>Cambodia&rsquo;s honey industry has experienced steady growth in recent years. In 2021, the government awarded its first geographic indication (GI) label for the wild honey harvested in Mondulkiri Province. The protected GI label, granted to local products with distinctive regional qualities, has elevated the profile of Cambodian honey on the global stage.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-3-CAMB-Honey.jpg" alt="" />
<figcaption class="image-caption">Cambodia Honey Association Executive Director Sem Sreytouch</figcaption>
</figure>
<p>Although varieties like Modulkiri money have been harvested in Cambodia for centuries, efforts to streamline and formalize the industry&rsquo;s value chain are relatively recent and spearheaded by the Cambodia Honey Association (CHA), the main advocacy group representing the sector&rsquo;s stakeholders.</p>
<p>In an interview with GMI POST, CHA underscored the necessary steps to invigorate the industry while providing insight into navigating business in an emerging market landscape.&nbsp;</p>
<p><strong>&nbsp;</strong></p>
<p><span style="font-family: helvetica; font-size: 18pt;"><strong>Collaboration over competition </strong></span></p>
<p><strong>&nbsp;</strong></p>
<p><strong>CHA Executive Director Sem Sreytouch </strong>emphasizes the importance of shifting industry stakeholders&rsquo; mindset from competition to collaboration.</p>
<p>&ldquo;One of our main advocacies is to enact a change in mindset among Cambodian honey growers, apiaries, and other stakeholders in the value chain. A united front is required to elevate the overall standards of the Cambodian honey industry&rdquo; she said.</p>
<p><strong>&nbsp;</strong></p>
<p><span style="font-family: helvetica; font-size: 18pt;"><strong>Prioritize capacity building</strong></span></p>
<p><strong>&nbsp;</strong></p>
<p><strong>Peter Batt, Ph.D of Curtin University,</strong> also a fellow of the International Horticultural Congress, stressed the need for education and capacity-building at the grassroots level in emerging markets like Cambodia.</p>
<p>&ldquo;A key aspect of addressing challenges in Cambodia, particularly within the honey industry, was capacity building of smallholder farmers and empowering those farmers with basic and practical skills to help them grasp what it takes to thrive in trade,&rdquo; he said.</p>
<p><strong>&nbsp;</strong></p>
<p><span style="font-size: 1*pt;"><strong><span style="font-family: helvetica;">Explore untapped resources</span> </strong></span></p>
<p>&nbsp;</p>
<p>CHA also highlighted Cambodia's rich geographic diversity as a wellspring of untapped potential for future GI labels, such as honey from the lesser-known Tonle Sap Lake region. <strong>Dr. Try Yong</strong>, a beekeeping expert and an advisor to the Royal Ministry of Agriculture, underscored Cambodia&rsquo;s abundance of untapped honey collection areas in the rest of the country.</p>
<p>&ldquo;Regions like Tone Sap Lake and the western coasts offer promising opportunities. Despite the vast forests from which much of our honey originates, many areas lack GI certification, signaling significant untapped potential and future business opportunities for our kingdom,&rdquo; he said.</p>',
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			'id' => '545692',
			'title' => 'Wisconsin to give multimillion tax incentive to Kikkoman for new expansion',
			'description_old' => null,
			'description' => 'Kikkoman Foods Inc. has broken ground for its third manufacturing plant in Jefferson County and an expansion to its existing plant in neighboring Walworth County, Wisconsin. To support this fresh investment, the Wisconsin Economic Development Corp. (WEDC) plans to provide the Japanese soy sauce maker up to $15.5 million in performance-based tax credits.',
			'credit_id' => '48',
			'image' => null,
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			'url' => 'wisconsin-to-give-multimillion-tax-incentive-to-kikkoman-for-new-expansion',
			'tags' => 'US, Japan, Wisconsin, Economic Development, Food',
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			'content' => '<p>Kikkoman Foods Inc. has broken ground for its third manufacturing plant in Jefferson County and an expansion to its existing plant in neighboring Walworth County, Wisconsin. To support this fresh investment, the <strong>Wisconsin Economic Development Corp. (WEDC)</strong> plans to provide the Japanese soy sauce maker up to $15.5 million in performance-based tax credits.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-3-Kikkoman-Wisconsin.jpg" alt="" />
<figcaption class="image-caption">Wisconsin Economic Development Corporation CEO and Secretary Missy Hughes (Source: Milwaukee Business Journal)</figcaption>
</figure>
<p>Kikkoman&rsquo;s expansion in Wisconsin will inject $800 million into the state&rsquo;s economy and create 83 new jobs over the next decade. The Walworth facility, opened in 1973, is the company&rsquo;s highest-producing soy sauce factory globally.</p>
<p>Meanwhile, the plant in Jefferson City is scheduled to start operations in 2026 and will focus on soy sauce-related products, like teriyaki sauce. Aside from enhancing efficiency and scalability, the facility will bolster Kikkoman&rsquo;s sustainability efforts by using renewable energy sources and equipment with lower CO2 emissions.</p>
<p><strong>WEDC Secretary and CEO Missy Hughes</strong> welcomed the announcement: &ldquo;Fifty years ago, Kikkoman made history by choosing Walworth, Wisconsin for its first international brewing plant. Now, by expanding its presence in Jefferson, Kikkoman is opening a new chapter in its history.&rdquo;</p>
<p><strong>Jefferson City Mayor Dale Oppermann</strong> expressed appreciation for Kikkoman&rsquo;s continued trust in the region: &ldquo;Kikkoman&rsquo;s decision to invest in Jefferson underscores the strength and appeal of our local food and beverage niche. We look forward to a long, prosperous partnership.&rdquo;</p>
<p>Meanwhile, <strong>Kikkoman Chair and honorary CEO Yuzauro Mogi </strong>said the company&rsquo;s choice of Wisconsin was rooted in several factors, among them its location, which provided convenient market access, as well as its skilled workforce, easy availability of raw materials, an abundance of clean water, the collaborative spirit of the local community.</p>
<p>&ldquo;We look forward to expanding our footprints in Wisconsin and establishing a supply chain with increased stability in North America,&rdquo; he also said.</p>
<p>Over the past five decades, Kikkoman has transformed rural Wisconsin through partnerships with the local community, donating more than $17 million to charitable organizations.</p>
<p>As one of the first production facilities set up by a Japanese company in the United States, the Walworth plant is seen as a valuable symbol of the close business and cultural partnership between the two countries.</p>
<p>&ldquo;Whether it&rsquo;s providing thousands of jobs, bolstering our economy or providing us and the world with phenomenal soy sauce, Kikkoman is doing good work across Wisconsin and the country. I am grateful for their continued partnership and expansion in Wisconsin,&rdquo; said <strong>Gov. Tony Evers</strong>.</p>',
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			'section_summary' => 'Kikkoman Foods Inc. has broken ground for its third manufacturing plant in Jefferson County and an expansion to its existing plant in neighboring Walworth County, Wisconsin. To support this fresh investment, the Wisconsin Economic Development Corp. (WEDC) plans to provide the Japanese soy sauce maker up to $15.5 million in performance-based tax credits.',
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			'id' => '545693',
			'title' => 'New York wants more Japanese chipmakers in the state',
			'description_old' => null,
			'description' => 'Empire State Development (ESD), the umbrella organization for New York's two main economic development corporations, wants more Japanese chip industry suppliers to open operations in the state to support the upcoming manufacturing facilities of Micron Technology, the world's fourth-largest semiconductor company.',
			'credit_id' => '48',
			'image' => null,
			'image_caption' => null,
			'url' => 'new-york-wants-more-japanese-chipmakers-in-the-state',
			'tags' => 'US, Japan, New York, Economic Development, IT',
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			'content' => '<p><strong>Empire State Development (ESD)</strong>, the umbrella organization for New York's two main economic development corporations, wants more Japanese chip industry suppliers to open operations in the state to support the upcoming manufacturing facilities of Micron Technology, the world&rsquo;s fourth-largest semiconductor company.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-3-Micron-NY.jpg" alt="" />
<figcaption class="image-caption">Empire State Development President Hope Knight (Source: Empire State Development)</figcaption>
</figure>
<p>&ldquo;Last year, we were able to attract Micron to central New York. With the large investment that Micron is making, $100 billion, we know that we have to build an ecosystem to support that activity. That's why we're here on this mission: to talk to Japanese firms, some of Micron's suppliers, to come and locate in New York,&rdquo; <strong>ESD President Hope Knight</strong> told Nikkei Asia.</p>
<p>While Knight did not name the companies she spoke to during her visit to Japan, she mentioned that some were &ldquo;very excited about the possibility&rdquo; of investing in the state.</p>
<p>Micron, the only memory and storage manufacturer in the United States, has announced plans to build a $100 billion &ldquo;mega fab,&rdquo; which will employ more than 9,000 people, near Syracuse in upstate New York.</p>
<p>Even before the CHIPS and Science Act became federal law in 2022, New York had unveiled its $10 billion program, called Green CHIPS, which offered tax incentives to chip manufacturers. Participants of Green CHIPS can benefit from zero corporate income tax rates and receive tax credits based on their capital spending and research and development expenditures.</p>
<p>&ldquo;We customize a package for you,&rdquo; said Knight, who emphasized that incentives are tailored based on various factors, like the number of jobs created and size of investment.</p>
<p>The ESD president highlighted the importance of bringing back chip manufacturing to the United States, citing national security concerns and geopolitical trends, and underscored New York's manufacturing legacy and its readiness to revive its manufacturing sector.</p>
<p>New York has prioritized chip manufacturing as a key industry for economic growth. Apart from IBM, 75 other semiconductor-related companies have made new investments in the state. And since the introduction of Green CHIPS, total investments have reached $112 billion.</p>
<p>On concerns surrounding the high cost of living and labor costs associated with New York City, Knight said that cities in upstate New York, such as Albany, Syracuse, Rochester and Buffalo, offer affordability and have cheaper sources of clean power.</p>
<p>As head of ESD, Knight works closely with Gov. Kathy Hochul in developing the state economy through various measures like financing, subsidies, and tax breaks. As of 2022, ESD has been involved in at least 190 projects.</p>',
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			'id' => '545694',
			'title' => 'Toyota unveils $1.4 billion investment in Indiana to make more electric vehicles',
			'description_old' => null,
			'description' => 'Toyota, the world's largest automaker, has announced a $1.4 billion expansion of its factory in the U.S. state of Indiana to produce electric vehicles (EVs) starting in 2026. With the new expansion, Toyota Motor Manufacturing Indiana will become the company's second EV production facility in the United States.',
			'credit_id' => '48',
			'image' => null,
			'image_caption' => null,
			'url' => 'toyota-unveils-14-billion-investment-in-indiana-to-make-more-electric-vehicles',
			'tags' => 'US, Japan, Indiana, Electric Vehicles',
			'is_rss' => false,
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			'content' => '<p>Toyota, the world&rsquo;s largest automaker, has announced a $1.4 billion expansion of its factory in the U.S. state of Indiana to produce electric vehicles (EVs) starting in 2026. With the new expansion, Toyota Motor Manufacturing Indiana will become the company&rsquo;s second EV production facility in the United States.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-3-Toyota-EVs.jpg" alt="" />
<figcaption class="image-caption">Toyota Motor Manufacturing Indiana President Tim Hollander (Source: PR Newswire)</figcaption>
</figure>
<p>According to Nikkei Asia, the investment will create 340 new high-quality jobs and increase the company&rsquo;s total number of employees in Indiana to around 8,000. The expansion also raises</p>
<p>Toyota&rsquo;s total investment in the state to $8 billion, Green Car Congress reported. <br /><br />Toyota&rsquo;s decision to increase EV production comes amid a surge in demand for its hybrid models, said CBT News.</p>
<p>In April, Toyota reported record annual sales for the fiscal year ending in March, surpassing the 10 million-unit mark for the first time. Its hybrid models have played a major role in growing the company&rsquo;s market share over the past year.</p>
<p>Toyota&rsquo;s only other EV factory in the United States is in Kentucky. The facility Georgetown is due to begin operations next year.</p>
<p>"Since 2021, Toyota has announced new investments totaling $18.6 billion into its U.S. manufacturing operations to support electrification efforts," the company said.</p>',
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	(int) 7 => array(
		'Articles' => array(
			'id' => '545689',
			'title' => 'Singapore: A fertile ground for Edtech ',
			'description_old' => null,
			'description' => 'Globally, education technology (Edtech) is a rapidly growing sector. According to Precision Report's EdTech Market Research Report 2024, the global Edtech market size was valued at $115 billion in 2021 and is expected to reach $467 billion by 2027. ',
			'credit_id' => '48',
			'image' => null,
			'image_caption' => null,
			'url' => 'singapore-a-fertile-ground-for-edtech',
			'tags' => 'Japan, Singapore, Education',
			'is_rss' => false,
			'rss_url' => null,
			'content_old' => null,
			'content' => '<p>Globally, education technology (Edtech) is a rapidly growing sector. According to Precision Report&rsquo;s EdTech Market Research Report 2024, the global Edtech market size was valued at $115 billion in 2021 and is expected to reach $467 billion by 2027.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-2-SG-Education.jpg" alt="" />
<figcaption class="image-caption">Starting them young: Singapore's education system has gained admiration from around the world.</figcaption>
</figure>
<p>Singapore has stood out as one of the most fertile grounds for the sector&rsquo;s growth. The origins of Singapore&rsquo;s thriving Edtech sector can be traced back to 2014, when the country&rsquo;s national government enacted its Smart Nation initiative, which required schools to incorporate innovation and technology in the daily lives of Singaporean families.</p>
<p>According to UNESCO, the challenge for schools was to create meaningful learning experiences that reflected such integration, which meant that highly qualified faculty must constantly be engaged in research and innovation. Otherwise, how can one teach about advancements while experiencing none?</p>
<p>Since the enactment of the Smart Nation initiative, there have been more than 790 Edtech startups launched in Singapore. Today, the government continues to invest heavily in training its future labor pool. <br /><br />Aside from encouraging life-long learning, the city-state&rsquo;s government has also rolled out other initiatives to boost the growth of Edtech in Singapore, like an ICT masterplan, infrastructure upgrades, accelerator programs, increased connectivity in schools, and access to learning resources and opportunities for collaborations for schools and startups.</p>
<p>Those looking to start or invest in an Edtech venture will reap many benefits by betting on Singapore.</p>',
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			'id' => '545690',
			'title' => 'Columbia University seeks closer partnerships with Japan ',
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			'description' => 'The Japan Study Student Association at Columbia University's School of International and Public Affairs organized a visit to Japan in March to allow some of its members to learn more about the country's government, people, culture, and food.',
			'credit_id' => '48',
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			'url' => 'columbia-university-seeks-closer-partnerships-with-japan',
			'tags' => 'US, Japan, Education',
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			'content' => '<p>The Japan Study Student Association at <strong>Columbia University&rsquo;s School of International and Public Affairs </strong>organized a visit to Japan in March to allow some of its members to learn more about the country&rsquo;s government, people, culture, and food.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-2-NYNJ-JASSA-Education.jpg" alt="" />
<figcaption class="image-caption">JASSA representatives during their Japan trip</figcaption>
</figure>
<p>&ldquo;The Japan trip was a phenomenal opportunity not only from a career development perspective but also from a personal development perspective,&rdquo; JASSA Representative Daniel Alvarez said in an article posted on SIPA&rsquo;s website.</p>
<p>&ldquo;Speaking with top politicians, participating in cultural ceremonies, learning about critical events in Japan&rsquo;s history, experiencing the excellent cuisine, and enjoying the nightlife with new friends made for a very well-rounded trip and once-in-a-lifetime experience,&rdquo; Alvarez added.</p>
<p>For SIPA students who want to join future Japan trips, Alvarez encouraged fellow members to attend upcoming JASSA events so they can express their interest to the organizers. The trip was just one of many events of SIPA to bolster U.S.-Japan cooperation.</p>
<p>In June 2023<strong>, SIPA Dean Keren Yarhi-Milo</strong> visited the University of Tokyo's Graduate School of Public Policy, a fellow member of the Global Public Policy Network, where she held pivotal discussions to enhance cross-cultural exchange. <br /><br />In interviews with local media, including Nikkei Asia and TV Tokyo, Yarhi-Milo highlighted SIPA's commitment to integrating Japanese perspectives within its academic community.</p>
<p>&ldquo;We want our students and our faculty to be involved and engaged with Japan,&rdquo; said Yarhi-Milo as she recognized the country&rsquo;s significant economic and strategic influence in East Asia.</p>',
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	(int) 9 => array(
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			'id' => '545691',
			'title' => '3 reasons Japan-Cambodia education partnerships are thriving',
			'description_old' => null,
			'description' => 'As Cambodia and Japan commemorate 70 years of diplomatic relations, the two nations look forward to a new era in their partnership as they seek fresh fields of collaboration. More and more Japanese recognize Cambodia's untapped potential and hope to play a role in the development of its population.',
			'credit_id' => '48',
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			'url' => '3-reasons-japan-cambodia-education-partnerships-are-thriving',
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			'content' => '<p>As Cambodia and Japan commemorate 70 years of diplomatic relations, the two nations look forward to a new era in their partnership as they seek fresh fields of collaboration. More and more Japanese recognize Cambodia&rsquo;s untapped potential and hope to play a role in the development of its population.</p>
<p>For instance, the increased prominence of the <strong>Institute of Technology of Cambodia </strong>among the expatriate population reveals three key reasons Cambodia&rsquo;s educational landscape has attracted the attention of the Japanese community.</p>
<p>&nbsp;</p>
<p><span style="font-family: helvetica; font-size: 16pt;"><strong>The population is young, growing and mobile</strong></span></p>
<p>&nbsp;</p>
<p>CiteSeerX reports that nearly 70% of Cambodians are 29-years old and younger. <br /><br />&ldquo;Among Cambodia&rsquo;s younger generation, the literacy rate is reported to be quite high because of increasing opportunities for education. The gender gap among young adults is not so substantial, although some age group differences exist,&rdquo; Japan International Cooperation Agency said in its 2023 Country Study.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-2-CAMB-Japan-Education.jpg" alt="" />
<figcaption class="image-caption">Institute of Technology of Cambodia Rector Dr. Po Kimtho (left) and Kanazawa University President Takashi Wada (right)</figcaption>
</figure>
<p>&ldquo;This implies that very well-targeted literacy education by age, sex, geography, time of the class, and contents of the class will likely bring about significant domestic and foreign partnerships in Cambodia&rsquo;s education sector,&rdquo; the study added.An example of such a partnership is that between ITC and Panasonic Cambodia. ITC is one of only two institutions in the kingdom to receive scholarships from Panasonic Cambodia, the local subsidiary of Japanese tech giant Panasonic Group. Panasonic Cambodia Country Head Yosunoby Matsumoto said the initiative will be a means to &ldquo;maximize workforce potential, fostering growth, and nurturing the next generation of leaders.&rdquo;</p>
<p>According to Matsumoto, Panasonic Cambodia recognizes the talented local science and technology students and continues to invest in their capacity building to develop the next generation of technology business leaders that will allow them to participate in a global economy.</p>
<p><strong>&nbsp;</strong></p>
<p><span style="font-size: 16pt;"><strong><span style="font-family: helvetica;">It is open to international collaboration</span> </strong></span></p>
<p>&nbsp;</p>
<p>Cambodia is home to more than 128 higher education institutions, at least 45 of which (including ITC) have active international partnerships with universities and organizations abroad. ITC&rsquo;s outreach activities have helped position itself as an ideal partner for Japanese ventures.</p>
<p>Last year, the deputy director of ITC, along with six other academic delegates, visited the Tokyo Institute of Technology (Tokyo Tech), to partake in the training course &ldquo;Project for Strengthening Engineering Education and Research for Industrial Development in Cambodia,&rdquo; organized by JICA.</p>
<p>Subsequently, JICA formalized an agreement with ITC to strengthen engineering education and research in industrial development in Cambodia</p>
<p>&nbsp;</p>
<p><span style="font-family: helvetica; font-size: 16pt;"><strong>A growing vocationally and technically proficient workforce</strong></span></p>
<p>&nbsp;</p>
<p>&ldquo;Strengthening technical and vocational training is pivotal to attracting Japanese investment in Cambodia,&rdquo; said Labor and Vocational Training Minister Heng Sour, who urged JICA to persist in developing human resources in these domains, a statement that JICA President Sanui Kazumasa agreed with.</p>
<p>ITC, a partner of JICA, produces approximately 3,700 undergraduate and graduate students specializing in science, technology, and engineering.</p>',
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			'title' => 'Japan's JERA and Inpex to invest in separate U.S. ammonia projects',
			'description_old' => null,
			'description' => 'To bolster Japan's clean energy initiatives, two major Japanese energy companies, JERA and Inpex, are preparing to invest in separate projects in the United States that will produce ammonia for clean-burning power generation in Japan, Nikkei Asia reports. ',
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			'tags' => 'US, Japan, Investment, Green Energy',
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			'content' => '<p>To bolster Japan's clean energy initiatives, two major Japanese energy companies,<strong> JERA</strong> and <strong>Inpex</strong>, are preparing to invest in separate projects in the United States that will produce ammonia for clean-burning power generation in Japan, Nikkei Asia reports.</p>
<figure class="image-container floated-right" style="float: right;"><img class="align-right" src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-2-JERA-and-Inpex.jpg" alt="" />
<figcaption class="image-caption">Inpex President Takayuki Ueda</figcaption>
</figure>
<p><strong>JERA Global CEO and Chair Yukio Kani </strong>and<strong> Inpex President Takayuki Ueda</strong> confirmed the investments with local U.S. media at the CERAWeek 2024 energy industry conference held in Houston, Texas.</p>
<p>JERA, a joint venture between Tokyo Electric Power and Chubu Electric Power, announced its partnership with Oklahoma-based green energy company, Greenfield Energy. Together, they will build a facility in Louisiana to produce green ammonia using renewable energy sources.</p>
<p>Kani also confirmed to media that JERA will hire more people at its U.S. arm, aiming to expand the workforce by 30% after a year to around 250 employees.</p>
<p>On the other hand, Inpex, a leading oil and gas exploration and production company, is exploring opportunities in Texas to establish its own ammonia production facility.</p>
<p>According to Nikkei Asia, Inpex plans to produce 1.1 million tons of ammonia annually in Houston by 2027.</p>
<p>The investments by JERA and Inpex mark significant milestones in Japan's quest for cleaner energy alternatives.</p>',
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			'content' => '<p>To promote Japanese contribution to the United States&rsquo; investment landscape, <strong>Prime Minister Fumio Kishida</strong> visited North Carolina in April to tour the site of Toyota Motor Corp.&rsquo;s electric and hybrid battery plant in the city of Greensboro.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-2-Kishida-Visit-to-NC.jpg" alt="" />
<figcaption class="image-caption">Japanese Prime Minister Fumio Kishida (center) visits Toyota's EV battery plant being built in North Carolina. (Photo source: Nikkei Asia)</figcaption>
</figure>
<p>Kishida&rsquo;s visit marked a historic moment in U.S.-Japan relations because it was the first time since 1891 that a foreign head of state visited the governor&rsquo;s mansion and the first time in a decade that a Japanese prime minister visited the state.</p>
<p>&ldquo;I am honored to be here in North Carolina to showcase the multilayered and strong ties between the United States and Japan,&rdquo; Kishida told guests at the luncheon at the state governor&rsquo;s mansion. He also lauded North Carolina for being a state &ldquo;at the forefront of the times.&rdquo;</p>
<p>Japan remains North Carolina&rsquo;s largest foreign direct investor, employing over 30,000 people in over 200 Japanese companies.</p>
<p>According to the Environmental Defense Fund, North Carolina leads all U.S. states in electric vehicle (EV) investment, attracting over $19 billion in the past year. This is attributed to its world-class infrastructure, skilled workforce, and favorable local policies.</p>
<p>Capitalizing on that environment, Japanese automakers have expanded their EV production capacity in the state. Toyota invested an additional $8 billion in its Greensboro battery plant, raising its total capital investment to around $14 billion and generating more than 5,000 new jobs.</p>
<p>Chiaki Takagi, a Japanese studies lecturer at the University of North Carolina Greensboro, highlighted the significance of Kishida&rsquo;s visit: &ldquo;This whole thing will provide the area with opportunities to be engaged in very active cultural exchange between Japan and the U.S.&rdquo;</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&rsquo;s global market dominance.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-13-Tenstorrent.jpg" alt="" />
<figcaption class="image-caption">Tenstorrent CEO Jim Keller (Photo source: Tenstorrent)</figcaption>
</figure>
<p>Headquartered in Toronto, Tenstorrent has offices in Austin, Texas and Santa Clara, California, as well as in Belgrade, Tokyo, Bangalore, and Seoul. The company claims to be developing AI processors that perform as efficiently as Nvidia's AI GPUs but at a lower cost.</p>
<p>At present, Nvidia is the global market leader when it comes to AI chips. Its AI accelerators command between 70% and 95% of the global market share, according to CNBC.</p>
<p>Keller also said in the interview that Tenstorrent hopes to sell its second-generation multipurpose AI chip by the end of this year.</p>
<p>According to Keller, Tenstorrent can achieve its objective because it does not use high-bandwidth memory (HBM), a popular type of advanced memory chip capable of transferring large amounts of data quickly. HBM is a vital component for generative AI chips and has played a significant role in the success of Nvidia's offerings.</p>
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<p>"Even the people that use HBM struggle with the cost of it, [and] the design time to build it,&rdquo; 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&rsquo;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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			'title' => 'Melexis opens its largest wafer testing site in Malaysia',
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			'description' => 'Belgium-based supplier of semiconductor solutions Melexis has opened its largest wafer testing site worldwide in Kuching in the Malaysian state of Sarawak to strengthen its presence in Asia-Pacific and meet the rising demand for semiconductors around the world, according to a company announcement.',
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			'content' => '<p>Belgium-based supplier of semiconductor solutions <strong>Melexis</strong> has opened its largest wafer testing site worldwide in Kuching in the Malaysian state of Sarawak to strengthen its presence in Asia-Pacific and meet the rising demand for semiconductors around the world, according to a company announcement.</p>
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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, &ldquo;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.&rdquo;</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&rsquo;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>&ldquo;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,&rdquo; <strong>Sarawak&rsquo;s Ministry of International Trade, Industry and Investment </strong>said in a statement<strong>.</strong></p>
<p>&ldquo;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,&rdquo; the statement also said.</p>',
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			'title' => 'ITOCHU invests in U.S. hydrogen aircraft engine maker ZeroAvia',
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			'description' => 'Japanese trading giant ITOCHU announced this month it had invested in ZeroAvia, a British-American maker of hydrogen-electric engines for aircraft, according to a company statement.',
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			'content' => '<p>Japanese trading giant <strong>ITOCHU</strong> announced this month it had invested in <strong>ZeroAvia</strong>, a British-American maker of hydrogen-electric engines for aircraft, according to a company statement.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-13-Itochu-ZeroAvia.jpg" alt="" />
<figcaption class="image-caption">An aircraft powered by ZeroAvia's hydrogen-electric engines (Photo source: ZeroAvia)</figcaption>
</figure>
<p>Founded in 2018, ZeroAvia describes itself as &ldquo;a team of passionate innovators dedicated to bringing safe, zero-emission flight to aviation.&rdquo; The company claims its hydrogen-electric propulsion systems are &ldquo;the most environmentally friendly and economically attractive solution to aviation&rsquo;s growing climate change impact.&rdquo;</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&rsquo;s long-term goal of helping save the planet by decarbonizing the aviation industry.</p>',
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			'description' => 'For the third time in the last five years, Virginia was ranked America's Top State for Business in 2024 by CNBC, which cited the state for having the best public schools in the country. It grabbed the top spot in 2007, 2009, 2011, 2019, and 2021.',
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			'content' => '<p>For the third time in the last five years,<strong> Virginia</strong> was ranked America&rsquo;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>
</figure>
<p>&ldquo;Congratulations to Virginia on being named America&rsquo;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,&rdquo; 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&rsquo;s 10 categories this year, &ldquo;a rare feat,&rdquo; 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&rsquo;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&rsquo;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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			'description' => 'The U.S. subsidiary of Japanese group FANUC, one of the world's largest makers of industrial robots, has opened a $110 million facility in Michigan to store, sell and maintain made-in-Japan industrial robots for North American customers, according to a statement from FANUC America.',
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			'content' => '<p>The U.S. subsidiary of Japanese group <strong>FANUC</strong>, one of the world&rsquo;s largest makers of industrial robots, has opened a $110 million facility in Michigan to store, sell and maintain made-in-Japan industrial robots for North American customers, according to a statement from FANUC America.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-13-FANUC.jpg" alt="" />
<figcaption class="image-caption">Michigan Gov. Gretchen Whitmer (center) with senior officers of FANUC America at its West Campus. (Photo source: FANUC America)</figcaption>
</figure>
<p>The new 650,000-square-foot facility was inaugurated on July 10 and is located in FANUC America&rsquo;s West Campus in Auburn Hills, Michigan. The expansion increases the company&rsquo;s footprint in Michigan to over 2 million square feet and is part of FANUC America&rsquo;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,&rdquo; <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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			'description' => 'K Health, a leading AI-driven primary care company that provides 24/7 virtual primary care solutions through its mobile app, announced this month that it had raised $50 million in funding led by Claure Group with participation from investors, including Pablo Legorreta (founder and CEO of Royalty Pharma) and Mangrove Capital Partners, Valor Equity Partners, and Atreides Management.',
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			'content' => '<p><strong>K Health</strong>, a leading AI-driven primary care company that provides 24/7 virtual primary care solutions through its mobile app, announced this month that it had raised $50 million in funding led by Claure Group with participation from investors, including Pablo Legorreta (founder and CEO of Royalty Pharma) and Mangrove Capital Partners, Valor Equity Partners, and Atreides Management.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-12-NYNJ-K-Health-Alan-Bloch.jpg" alt="" />
<figcaption class="image-caption">K Health founder and CEO Allon Bloch (Photo source: K Health)</figcaption>
</figure>
<p>K Health said in the same statement that it had been developing its own AI technology for more than seven years. Today, it can provide 24/7 virtual primary care solutions to millions of people in the United States.</p>
<p>The K Health platform includes clinical-grade medical chat and AI predictive models based on large datasets to help physicians optimize diagnosis and treatment and focus on patient care.</p>
<p>Instead of doctors taking patients through lengthy procedures and manually piecing together their medical history from electronic medical records, K Health allows healthcare providers to engage more quickly and closely with patients by giving them a complete medical chart with patient insights straight from the app.</p>
<p>According to K Health, this new model of care delivery achieves dramatically higher quality of care at lower costs compared to traditional primary care.</p>
<p>&ldquo;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,&rdquo; explained<strong> K Health founder and CEO Allon Bloch.</strong></p>
<p>&ldquo;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,&rdquo; 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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			'title' => 'Canadian group seeks more investment opportunities in Cambodia',
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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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			'url' => 'canadian-group-seeks-more-investment-opportunities-in-cambodia',
			'tags' => 'Cambodia, Canada, Economy, Investment',
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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>&ldquo;Shim&rsquo;s visit will further contribute to the promotion of trade relations between Cambodia and Canada,&rdquo; 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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			'description' => 'National University Hospital (NUH), the main teaching hospital of the country's top-ranking National University of Singapore, announced this month the opening of a center focused on providing trauma care to vulnerable groups, particularly children, older adults, and migrant workers.',
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			'content' => '<p><strong>National University Hospital (NUH)</strong>, the main teaching hospital of the country&rsquo;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>
<p>&ldquo;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,&rdquo; 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&rsquo;s only pediatric kidney and liver transplant program.</p>',
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		'description' => 'To promote Japanese contribution to the United States' investment landscape, Prime Minister Fumio Kishida visited North Carolina in April to tour the site of Toyota Motor Corp.'s electric and hybrid battery plant in the city of Greensboro.',
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		'content' => '<p>To promote Japanese contribution to the United States&rsquo; investment landscape, <strong>Prime Minister Fumio Kishida</strong> visited North Carolina in April to tour the site of Toyota Motor Corp.&rsquo;s electric and hybrid battery plant in the city of Greensboro.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-2-Kishida-Visit-to-NC.jpg" alt="" />
<figcaption class="image-caption">Japanese Prime Minister Fumio Kishida (center) visits Toyota's EV battery plant being built in North Carolina. (Photo source: Nikkei Asia)</figcaption>
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<p>Kishida&rsquo;s visit marked a historic moment in U.S.-Japan relations because it was the first time since 1891 that a foreign head of state visited the governor&rsquo;s mansion and the first time in a decade that a Japanese prime minister visited the state.</p>
<p>&ldquo;I am honored to be here in North Carolina to showcase the multilayered and strong ties between the United States and Japan,&rdquo; Kishida told guests at the luncheon at the state governor&rsquo;s mansion. He also lauded North Carolina for being a state &ldquo;at the forefront of the times.&rdquo;</p>
<p>Japan remains North Carolina&rsquo;s largest foreign direct investor, employing over 30,000 people in over 200 Japanese companies.</p>
<p>According to the Environmental Defense Fund, North Carolina leads all U.S. states in electric vehicle (EV) investment, attracting over $19 billion in the past year. This is attributed to its world-class infrastructure, skilled workforce, and favorable local policies.</p>
<p>Capitalizing on that environment, Japanese automakers have expanded their EV production capacity in the state. Toyota invested an additional $8 billion in its Greensboro battery plant, raising its total capital investment to around $14 billion and generating more than 5,000 new jobs.</p>
<p>Chiaki Takagi, a Japanese studies lecturer at the University of North Carolina Greensboro, highlighted the significance of Kishida&rsquo;s visit: &ldquo;This whole thing will provide the area with opportunities to be engaged in very active cultural exchange between Japan and the U.S.&rdquo;</p>',
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