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<figcaption class="image-caption">JOINLU Founder and President Yugo Ashida</figcaption>
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<p>Enter <strong>JOINLU International</strong>, a Michigan-based company that is revolutionizing the industry with its AI-powered Expert Intelligence (EI) platform.</p>
<p>Eliminating the tedious task of screening thousands of consultants, JOINLU’s platform offers a seamless experience, while providing accurate and up-to-date information with just a few clicks. Through its platform, JOINLU provides effective research intelligence solutions for practical problems in a range of niche industries, from automotive engineering to clean energy.</p>
<p>JOINLU’s EI is not a typical AI platform. It is backed by decades of subject-matter experience combined with open-source information available in the public domain. For users, it is a gold mine of technical information accessible through inputting simple keywords.</p>
<p>“Experts with very specialized skills are scattered globally. Through our platform, we bring them together in one ecosystem. Their wealth of knowledge, combined with publicly available data, form the backbone of our sophisticated system, serving the needs of our clients,” <strong>JOINLU</strong> <strong>Founder and President Yugo Ashida </strong>told GMI POST.</p>
<p>From mechanical engineering to advanced nuclear technologies, JOINLU gives companies access to top-tier experts in very technical fields. The company continuously expands its pool of experts and its fields of service, some as specific as carbon neutrality, and automotive and mobility.</p>
<p>“In today’s market, AI is often limited to consumer applications. JOINLU is changing that narrative by bringing AI’s power to industry professionals and fueling digital transformation efforts,” Ashida said.</p>
<p>“Through our platform, we aim to fill the gaps between industry, academia, research institutions, and international companies that may want to come together to innovate R&D in different fields and continue to find solutions to complex problems,” he added.</p>
<p>With JOINLU's Expert Intelligence platform, companies can say embrace a smarter, more efficient approach to growth.</p>',
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'section_summary' => 'In today's complex technological landscape, finding the right solution to intricate problems often means tapping into a vast network of consultants and service providers, each with their own limitations and fields of expertise. But always, the right result comes with a hefty price tag.',
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'id' => '545665',
'title' => 'Are you afraid of using AI tools? ',
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'description' => 'The fear of unintended plagiarism has deterred many from using AI-assisted research tools. We have read horror stories about public figures copying parts of speeches made by other famous personalities. Whether plagiarism was intentional or not, the shame associated with stealing someone else's work has become a major hindrance to employing AI tools.',
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'content' => '<p>The fear of unintended plagiarism has deterred many from using AI-assisted research tools. We have read horror stories about public figures copying parts of speeches made by other famous personalities. Whether plagiarism was intentional or not, the shame associated with stealing someone else’s work has become a major hindrance to employing AI tools.</p>
<p>While the anxiety is valid, the use of such AI applications may not necessarily lead to plagiarism. These types of tech are here to stay and are meant to enhance human productivity.</p>
<p>So, how does one take advantage of AI tools without feeling anxious or guilty?</p>
<p>Here are GMI POST's recommendations to help enhance your research and learning experience:</p>
<p> </p>
<p><strong><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R1/2024-R1-ITL-WK-10-GP-AI-and-Guilt.jpg" alt="" /> </strong></p>
<p><span style="font-family: helvetica; font-size: 18pt;"><strong>1. Fireflies</strong></span></p>
<p> </p>
<p>Fireflies automatically transcribes and summarizes your online meetings. For researchers who conduct focus-group discussions and individual online interviews, this tool is a godsend. Just keep in mind that the participants are made aware of its presence and must give their consent to be recorded.</p>
<p>Before starting the online session, it would be best to secure from interviewees and participants their permission to be quoted and credited. Ask also if they will want a preview of any content that uses their quotes.</p>
<p> </p>
<p><span style="font-family: helvetica; font-size: 18pt;"><strong>2. OpenAI </strong></span></p>
<p> </p>
<p>The group’s applications help initiate the research process through brainstorming. In the pre-Google and AI era, people flocked to libraries to gather information on their research topics. What took hours to be accomplished in the past can now be done in a matter of seconds.</p>
<p>While it can be tempting to assume its results as accurate, OpenAI points out that results might not be up-to-date. Always remember to qualify your field of research and narrow the parameters of your desired results. The more specific and focused, the better.</p>
<p>Educating one’s self about the capabilities and limitations of these tools can eliminate any worry associated with the use of AI. Developing personal best practices can protect your productivity and credibility.</p>',
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'title' => 'Toyota to headline SEUS/Japan conference in North Carolina ',
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'description' => 'Gov. Roy Cooper has announced that Toyota will be the main sponsor of this year's Southeast U.S./Japan Annual Joint Meeting (SEUS/Japan Conference), a pivotal economic development gathering aimed at attracting more Japanese investment to North Carolina as well as across the Southeastern United States. ',
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'content' => '<p><strong>Gov. Roy Cooper</strong> has announced that <strong>Toyota</strong> will be the main sponsor of this year’s <strong>Southeast U.S./Japan Annual Joint Meeting</strong> (SEUS/Japan Conference), a pivotal economic development gathering aimed at attracting more Japanese investment to North Carolina as well as across the Southeastern United States.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R1/2024-R1-US-Jap-BANGLA-WK8-North-Carolina-Toyota.jpg" alt="" />
<figcaption class="image-caption">North Carolina Gov. Roy Cooper</figcaption>
</figure>
<p>Taking place in the city of Charlotte from October 27 to 29, the SEUS/Japan Conference happens amid rising optimism surrounding economic growth in the region. The last time North Carolina hosted the conference was in 2008.</p>
<p>Cooper said in a press statement that at present more than 30,000 North Carolinians work for Japanese-owned companies in the state and he expects that number to increase within the year.</p>
<p>The governor also emphasized SEUS/Japan Conference’s pivotal role in cultivating stronger business relationships and generating new jobs, while commending Toyota's dedication to boosting economic ties between Japan and the U.S.</p>
<p>“Given the vast number of new hires needed, it will be a very challenging human resources exercise but well within the capabilities of Toyota, which has an enviable track record in staffing and retaining in locations throughout North America and the world,” said <strong>John H. Boyd, founder and principal of global site-selection firm The Boyd Co.</strong> in Boca Raton, Florida.</p>
<p>Cooper said the <strong>North Carolina Department of Commerce </strong>and the<strong> Economic Development Partnership of North Carolina</strong> <strong>(EDPNC) </strong>will be working together in planning the conference in coordination with the state’s dedicated organizing committee.</p>
<p>North Carolina’s role as a founding member of the Southeast U.S./Japan Association, founded in 1976, underscores the state’s commitment to fostering trade, investment, and mutual understanding between Japan and member states, namely Alabama, Florida, Georgia, Mississippi, North Carolina, South Carolina, and Tennessee.</p>',
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'description' => 'Japanese Prime Minister Fumio Kishida is hoping to visit North Carolina as part of a six-day official visit to the United States in April, whose highlight will be a high-level meeting with U.S. President Joe Biden and a state dinner at the White House, according to the Japan Times.',
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'content' => '<p><strong>Japanese Prime Minister Fumio Kishida </strong>is hoping to visit North Carolina as part of a six-day official visit to the United States in April, whose highlight will be a high-level meeting with <strong>U.S. President Joe Biden</strong> and a state dinner at the White House, according to the Japan Times.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R1/2024-R1-US-Jap-GL-WK8-Kishida-US-Visit.jpg" alt="" />
<figcaption class="image-caption">Japanese Prime Minister Fumio Kishida</figcaption>
</figure>
<p>During the visit, Kishida will also address a joint session of U.S Congress, becoming the first Japanese prime minister to do so since 2015.</p>
<p>News of Kishida’s prospective visit to North Carolina follows Toyota’s announcement last year that it will spend nearly $8 billion to expand and raise the production capacity of its North Carolina Battery Plant for its electric vehicles and plug-in hybrid vehicles. The expansion will add around 3,000 new jobs in the state.</p>
<p>According to the Japan Times, Kishida’s visit also aims to highlight Japan’s contribution to the U.S. economy and employment landscape. The meeting between the leaders will happen amid long-running issues involving the large trade deficit between the two countries and Biden’s expressed opposition to the $14.1 billion sale of U.S Steel to Nippon Steel.</p>
<p>Japanese prime ministers usually visit other cities during official visits to the United States. Then prime minister Shinzo Abe went to Boston, San Francisco, and Los Angeles in 2015; Junichiro Koizumi visited Memphis in Tennessee.</p>',
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'title' => 'Beximco Fashions: At the pinnacle of Bangladesh's textile and garment industry',
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'description' => 'Established in 1994, Beximco Fashions Ltd. has grown to become one of the leading fashion and apparel manufacturers in Bangladesh, having built a reputation for its commitment to quality, innovation, and ethical practices.',
'credit_id' => '48',
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'content' => '<p>Established in 1994, <strong>Beximco Fashions Ltd. </strong>has grown to become one of the leading fashion and apparel manufacturers in Bangladesh, having built a reputation for its commitment to quality, innovation, and ethical practices.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R1/2024-R1-ITL-WK-9-BANGLA-Beximco-Fashions.jpg" alt="" />
<figcaption class="image-caption">Beximco Fashions CEO Syed Navid Husain</figcaption>
</figure>
<p>Beximco Fashions is a subsidiary of Beximco Group, one of the largest conglomerates in Bangladesh, with interests spanning pharmaceuticals, textiles, and telecommunications. Its activities include yarn spinning, fabric manufacturing, garment production, and exports.</p>
<p>“Our principles are based on ‘three Ps’. First, it's people, then planet. Profit comes last. This means that we are not completely driven by profit,”<strong> Beximco Fashions CEO Syed Navid Husain </strong>told GMI POST.</p>
<p>The company's commitment to excellence extends beyond the production processes. With a keen understanding of global fashion trends and consumer preferences, Beximco Fashions has carved a niche as a provider of trendsetting apparel.</p>
<p>“We place great emphasis on design innovation and versatility. Our goal is to offer our customers products that not only meet their needs but also exceed their expectations in terms of style and functionality,” Husain said.</p>
<p>Beximco Fashions' success story is not confined to its domestic market. With a strategic focus on international expansion, the company has successfully penetrated key markets across the globe.</p>
<p>“Our international presence is a testament to the strength of our brand and the quality of our products. We are committed to further expanding our global footprint and establishing Beximco Fashions as a household name worldwide,” he also said.</p>
<p>Beximco Fashions has also been at the forefront of Bangladesh's efforts to promote ethical and sustainable practices in the garment industry. The company adheres to strict codes of conduct regarding worker welfare, environmental sustainability, and social responsibility.</p>
<p>This commitment has earned Beximco Fashions the trust of international buyers and contributed to the overall improvement of working conditions in the Bangladeshi garment sector.</p>
<p>Asked about Beximco Fashion’s approach to fashion and design, the CEO cited sustainability and functionality as important factors when designing its products.</p>
<p>“The way we approach fashion is very much like creating music. To create a masterpiece, we do not just focus on one instrument, we play the whole symphony,” said Husain. </p>',
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'content' => '<p>Recognized as the Father of Digital Marketing, <strong>Prof. Philip Kotler</strong> said, “To be successful, the company must do a better job than its competitors in satisfying target consumers. It is more expensive to obtain new customers than to retain them.”</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R1/2024-R1-ITL-WK-9-GP-Kotler.jpg" alt="" />
<figcaption class="image-caption">Prof. Philip Kotler</figcaption>
</figure>
<p>With numerous cost-effective platforms available, one can assume that it is virtually impossible to fail in the digital marketing game. Another misconception is that providing high-quality service and communicating value are sufficient conditions for brands to achieve success. Apparently, these aren’t enough.</p>
<p>Because customers have more access to information, it is natural to expect them to compare brands’ products and services more often. With this in mind, Kotler argues that marketing strategies must be tailored to build an advantage over the competition. The only way to do this is by assessing the internal and external environments of the firm, in addition to performing a marketing audit.</p>
<p>There is a slight difference though when dealing with the public sector where social marketing principles are more fitting to use. For the private sector, the marketing mix for a product would mean either a physical item or service that a business will provide its target customers. But, from the standpoint of social marketing, “behavior change” is the desired outcome.</p>
<p>When social issues like unemployment, housing shortages, high crime, and underdevelopment are involved, state and local officials face the challenge of changing the mindset of its citizens, partners and civic groups.</p>
<p>Regardless of an organization’s nature, the most effective way to spur civic engagement and customer loyalty is to identify target audiences, understand behavior, develop effective strategies, and communicate through the correct channels.</p>',
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'title' => '3 powerful OEM branding strategies, according to Japan's EM Devices ',
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<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R1/2024-R1-ITL-WK-9-GL-EM-Devices.jpg" alt="" />
<figcaption class="image-caption">EMD CEO and President Chihiro Yamamoto</figcaption>
</figure>
<p>Japan-based <strong>EM Devices Corp. (EMD)</strong> has managed to carve out a significant presence in the automotive heartland of the United States through strategic branding. Today, EMD has the second-largest share in the automotive relay market in the U.S. and is aiming higher.</p>
<p>In an interview with GMI POST, <strong>EMD</strong> <strong>CEO and President Chihiro Yamamoto</strong> shares three reasons the brand has become a sought-after supplier.</p>
<p><strong> </strong></p>
<p><span style="font-family: helvetica; font-size: 18pt;"><strong>1. Customer intimacy ensures strong brand recall</strong></span></p>
<p> </p>
<p>In business, the saying ‘out of sight out of mind’ rings true. Recognizing the importance of staying close to its customers, EMD made a bold move to start operations in Michigan, the car capital of America. It wanted to engage directly with clients and their development teams when designing products.</p>
<p>“When you are closer to your customers, you are closer to their needs,” Yamamoto said.</p>
<p>“Owing to our move to Michigan, we now communicate more intimately with our customers. Our business size has increased by more than 50% in one of our largest customers. We ensure that our engineers meet customers regularly to stay on top of their requirements,” he added.</p>
<p> </p>
<p><span style="font-family: helvetica; font-size: 18pt;"><strong>2. </strong><strong>Creating future value fosters brand loyalty</strong></span></p>
<p><strong> </strong></p>
<p>As technology evolves, new advancements breed new competition. EMD recognizes this challenge. To stay relevant and prevent its customer base from switching brands, the company actively anticipates future customer needs to sustain their loyalty.</p>
<p>“As CEO, my mission is to ensure that EMD is always up to date with industry trends. Part of it is to actively imagine the future needs of our customers so that we are always available to serve them,” Yamamoto stressed.</p>
<p>This forward-thinking approach is evident in EMD’s preparation for the electric vehicle (EV) revolution. While they may be considered a “late entrant” in the EVN space, as Yamamoto describes it, they are fully prepared to adapt their relays for this new market.</p>
<p>This ensures that their existing automotive clients, who are transitioning to EV production, won't need to find new partners, fostering continued brand loyalty.</p>
<p> </p>
<p><span style="font-family: helvetica; font-size: 18pt;"><strong>3. </strong><strong>A clear brand philosophy establishes a unique identity</strong></span></p>
<p><strong> </strong></p>
<p>Every successful brand has a core philosophy, a way of doing business that sets them apart. For EMD, this philosophy is rooted in the Japanese concept of <em>monozukuri</em>, which translates roughly to “doing the right thing.”</p>
<p>According to Yamamoto, doing the right thing means using their expertise to improve people’s lives.</p>
<p>“Our brand is about ensuring that the specialized knowledge and expertise we have gained over the years is used to improve the lives of people around us. We ensure the highest standards of quality and safety and strive to do right by all those who use products integrated with our relays,” he explained.</p>',
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'id' => '545654',
'title' => 'Mitsubishi, Digital Realty form $800M joint venture',
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'description' => 'Japanese conglomerate Mitsubishi Corp. and Texas-based Digital Realty, a leading global provider of data center solutions, formed a new joint venture to finance two data centers in Dallas. With an estimated value of $800 million, the new facilities mark Mitsubishi's first overseas investments in data centers ',
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'content' => '<p>Japanese conglomerate <strong>Mitsubishi Corp.</strong> and Texas-based <strong>Digital Realty</strong>, a leading global provider of data center solutions, formed a new joint venture to finance two data centers in Dallas. With an estimated value of $800 million, the new facilities mark Mitsubishi’s first overseas investments in data centers</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R1/2024-R1-US-Jap-GL-WK7-US-Japan-Mitsubishi-Digital-Realty-Greg-Wright.jpg" alt="" />
<figcaption class="image-caption">Digital Realty Chief Investment Officer Greg Wright</figcaption>
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<p>Under this partnership, Mitsubishi will secure a 65% equity stake in the joint venture for an initial investment of $200 million. Digital Realty will retain a 35% state and take charge of overseeing the development and day-to-day operations of the collaboration.</p>
<p>Construction of the two data centers commenced in the fourth quarter of 2022, with plans to go live later this year expecting to deliver a capacity of 16MW. But, Digital Reality said customers will have the option to scale up the capacity up to 48MW within the initial term of their lease. This will effectively double the budget of these data centers as per current estimates.</p>
<p>Mitsubishi has long been a key player in Japan’s data center market, with its first joint venture with Digital Realty in 2017 valued at $1.8 billion. This partnership, known as MC Digital Reality (MCDR), currently manages a network of nine data centers in Japan, with the most recent addition being a three-story facility having 21MQ of IT capacity in 2023.</p>
<p>As they venture into the U.S. market, both companies are poised to leverage their extensive networks, expertise, and established track records to fortify and expand their data center business across the United States.</p>
<p>Commenting on this strategic collaboration, <strong>Digital Realty Chief Investment Officer Greg Wright </strong>said, “We are delighted to expand our partnership with Mitsubishi. This development joint venture leverages the success of our established Japanese partnership into the United States while supporting our customer's data center requirements with a like-minded, long-term investor.”</p>
<p>Mitsubishi echoed this sentiment, emphasizing that it is committed to growing its domestic and international business endeavors by focusing on accelerating the supply of sustainable computing resources by leveraging green energy sources.</p>
<p>With Mitsubishi's financial prowess and Digital Realty's operational expertise, this joint venture signifies a significant step forward in meeting the evolving demands of the digital age, promising innovative solutions and unparalleled service to customers in the U.S. and beyond.</p>',
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'title' => 'Itochu partners with Blue Laser Fusion to advance fusion energy technology',
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'description' => 'Tokyo's Itochu Corp. has entered into a partnership with California-based fusion technology startup Blue Laser Fusion (BLF). As part of the deal, Itochu will acquire shares in BLF through a third-party allocation process and take part in the development of fusion energy and other ventures that use BLF's proprietary laser technology.',
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'content' => '<p>Tokyo's<strong> Itochu Corp. </strong>has entered into a partnership with California-based fusion technology startup<strong> Blue Laser Fusion (BLF)</strong>. As part of the deal, Itochu will acquire shares in BLF through a third-party allocation process and take part in the development of fusion energy and other ventures that use BLF's proprietary laser technology.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R1/2024-R1-US-Jap-GL-WK7-US-Japan-Itochu-Nakamura.jpg" alt="" />
<figcaption class="image-caption">Blue Laser Fusion co-founder Shuji Nakamura</figcaption>
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<p>BLF, a startup launched in 2022, is dedicated to commercializing a laser-driven fusion reactor. <strong>Co-founder</strong> <strong>Shuji Nakamura</strong>, a Nobel Prize winner for Physics for his work on a high-brightness blue light laser diode, is spearheading this joint initiative.</p>
<p> </p>
<p><strong><span style="font-family: helvetica; font-size: 18pt;">What is fusion energy?</span> <br /></strong></p>
<p> </p>
<p>As explained in BLF’s website, fusion energy is a source of energy that keeps the stars in the universe shining, including the sun. According to BLF, if it can be used practically, it is believed that it will be possible to stably generate a large amount of energy using a small amount of fuel. The energy does not emit carbon dioxide throughout its energy generation process.</p>
<p> </p>
<p><span style="font-family: helvetica; font-size: 18pt;"><strong>Japan’s plans for fusion energy</strong></span></p>
<p> </p>
<p>The partnership between Itochu and BLF comes on the heels of the release of a fusion energy innovation strategy by Japan’s Integrated Innovation Strategy Promotion Council last April. Working under the Cabinet Office, the council has been instrumental in fostering an environment conducive to the industrialization of fusion energy in the country.</p>
<p>The strategy also calls for the establishment of the Fusion Industry Council, which aims to enhance collaboration among the government, private sector, and academia.</p>
<p>In a press release published in March 2024, Itochu said it will move forward with a collaboration with BLF for the commercialization of fusion energy while promoting alliances with a range of fusion energy-related industries and companies to capitalize on its global network.</p>
<p>The Japanese company also said its collaboration with BLF is a significant step towards the ultimate objective of addressing environmental challenges and energy resource scarcity.</p>',
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'description' => 'Tokyo-based Eisai Co., Ltd. (Eisai) announced in March 2024 that its U.S. subsidiary Eisai Inc. will invest up to $15 million in medical laboratory C2N Diagnostics LLC (C2N) to support its goal to increase the availability, accessibility, affordability and use of blood-based tests for Alzheimer's disease in the United States.',
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'content' => '<p>Tokyo-based <strong>Eisai Co., Ltd. </strong>(Eisai) announced in March 2024 that its U.S. subsidiary Eisai Inc. will invest up to $15 million in medical laboratory <strong>C2N Diagnostics LLC</strong> (C2N) to support its goal to increase the availability, accessibility, affordability and use of blood-based tests for Alzheimer’s disease in the United States.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R1/2024-R1-US-Jap-GL-WK7-US-Japan-Eisai-Joel%20Braunstein-CEO%20C2N%20Diagnostics.jpg" alt="" />
<figcaption class="image-caption">C2N co-founder and CEO Joel B. Braunstein, MD, MBA</figcaption>
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<p>The new investment is in addition to the collaboration between C2N and Eisai announced in 2022 on the use of blood-based assays in clinical practice for diagnosing people living with dementia.</p>
<p>Through its highly precise research tool for identifying, monitoring and diagnosing Alzheimer’s, C2N has bolstered its global reputation as a pioneer in the early detection of the disease. With the new investment, Eisai highlighted its strong commitment to the development of novel and innovative drugs on a global scale.</p>
<p>Founded by Toyoji Naito more than 80 years ago, Eisai continues to live up to its objective to contribute to the health and well-being of people around the world, a mission shared by C2N Diagnostics.</p>
<p>“The availability of more affordable and minimally invasive diagnostic tools helps support broad access for the management of Alzheimer’s disease,” said <strong>Keisuke Naito, Eisai's global Alzheimer's disease officer.</strong></p>
<p>With Eisai’s much-welcomed infusion, C2N hopes to speed up the development and commercialization of its life-enhancing technology.</p>',
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'description' => 'Tenstorrent CEO Jim Keller, who worked for Intel, AMD and Tesla, said in an interview with Nikkei Asia that he wants to lower the price of AI applications by designing chips that are more efficient than Nvidia's and, in the process, end the American giant's global market dominance.',
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'content' => '<p><strong>Tenstorrent CEO Jim Keller</strong>, who worked for Intel, AMD and Tesla, said in an interview with Nikkei Asia that he wants to lower the price of AI applications by designing chips that are more efficient than Nvidia's and, in the process, end the American giant’s global market dominance.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-13-Tenstorrent.jpg" alt="" />
<figcaption class="image-caption">Tenstorrent CEO Jim Keller (Photo source: Tenstorrent)</figcaption>
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<p>Headquartered in Toronto, Tenstorrent has offices in Austin, Texas and Santa Clara, California, as well as in Belgrade, Tokyo, Bangalore, and Seoul. The company claims to be developing AI processors that perform as efficiently as Nvidia's AI GPUs but at a lower cost.</p>
<p>At present, Nvidia is the global market leader when it comes to AI chips. Its AI accelerators command between 70% and 95% of the global market share, according to CNBC.</p>
<p>Keller also said in the interview that Tenstorrent hopes to sell its second-generation multipurpose AI chip by the end of this year.</p>
<p>According to Keller, Tenstorrent can achieve its objective because it does not use high-bandwidth memory (HBM), a popular type of advanced memory chip capable of transferring large amounts of data quickly. HBM is a vital component for generative AI chips and has played a significant role in the success of Nvidia's offerings.</p>
<p>But Keller pointed out that HBM was also one of the culprits behind the massive energy consumption and high prices of AI chips.</p>
<p>"Even the people that use HBM struggle with the cost of it, [and] the design time to build it,” he said.</p>
<p>By doing away with HBM, Tenstorrent will design a chip that can replace both GPUs and HBMs in some areas of AI development, adding that its new product will be "as cost-effective as possible".</p>',
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<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-13-ITOCHU-Taiwan.jpg" alt="" />
<figcaption class="image-caption">ITOCHU plans to roll out AI-powered buses for Taiwan's new smart city project in Tainan. (Photo source: Nikkei Asia)</figcaption>
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<p>ITOCHU outbid other parties interested in the Integrated Development Project for Shalun Smart Green Energy Science City located in Tainan. The early-stage contract, according to Nikkei Asia, is worth around $332,000 (10.8 million New Taiwan dollars).</p>
<p>According to ITOCHU, the goal is to test its AI systems on a trial basis by the end of October. This is the first time the trading house has officially participated in an overseas smart city project.</p>
<p>The Taiwanese government also announced plans to earmark an additional $306.9 million (or 10 billion NTD) to develop the country’s artificial intelligence (AI) industry. In line with this goal, ITOCHU will collaborate with various Taiwanese partners, including IT company Accton Technology and National Cheng Kung University.</p>
<p>Home to the world's largest semiconductor maker, Taiwan Semiconductor Manufacturing Company (TSMC), Taiwan has a global market share of 61.7%. CNN estimates that TSMC produces 90% of the world's super-advanced semiconductor chips, which are used to power everything from smartphones to artificial intelligence applications.</p>',
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'content' => '<p>Belgium-based supplier of semiconductor solutions <strong>Melexis</strong> has opened its largest wafer testing site worldwide in Kuching in the Malaysian state of Sarawak to strengthen its presence in Asia-Pacific and meet the rising demand for semiconductors around the world, according to a company announcement.</p>
<figure 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>
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<p>Wafer testing is part of the manufacturing process wherein all individual integrated circuits are checked for functional defects through special test patterns.</p>
<p>According to Melexis, its expansion in Malaysia is a strategic move to streamline logistics and reduce its ecological footprint. Additionally, it selected Kuching because of its diverse, multilingual, entrepreneurial and highly skilled workforce.</p>
<p><strong>Melexis CEO Marc Biron </strong>said, “With an investment of 70 million euros, this opening underscores the ambition of Melexis and will ensure future growth. With Melexis, we are at the forefront of innovation, and this opening will support us in the markets that we serve.”</p>
<p>The new four-storey building, a collaboration of award-winning Belgian architect Sebastian Mortelmans and local architectural firm DNA, covers a ground surface of 4,500 sq. m., making it the company’s largest wafer testing site worldwide. The modern design evokes local longhouse architecture, incorporates advanced energy-saving systems, like a solar installation that can generate 30.000 kWh per month, and minimizes its environmental impact.</p>
<p>“Melexis has made the right choice to invest in Sarawak. With political stability, Sarawak is business-friendly and welcomes investments that can create mutual benefits. The Sarawak government has always been very supportive of investors both foreign and domestic. It is among the most preferred destinations for investment in Malaysia,” <strong>Sarawak’s Ministry of International Trade, Industry and Investment </strong>said in a statement<strong>.</strong></p>
<p>“Sarawak possesses many comparative advantages for businesses to grow and prosper such as strategic location, availability of green energy, talented workforce, and suitable land for industrial activities,” the statement also said.</p>',
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'content' => '<p>Japanese trading giant <strong>ITOCHU</strong> announced this month it had invested in <strong>ZeroAvia</strong>, a British-American maker of hydrogen-electric engines for aircraft, according to a company statement.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-13-Itochu-ZeroAvia.jpg" alt="" />
<figcaption class="image-caption">An aircraft powered by ZeroAvia's hydrogen-electric engines (Photo source: ZeroAvia)</figcaption>
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<p>Founded in 2018, ZeroAvia describes itself as “a team of passionate innovators dedicated to bringing safe, zero-emission flight to aviation.” The company claims its hydrogen-electric propulsion systems are “the most environmentally friendly and economically attractive solution to aviation’s growing climate change impact.”</p>
<p>According to ZeroAvia, its hydrogen-electric engines cut more than 90% of harmful emissions, lower operating costs by more than 40%, improve air quality and reduce noise pollution in airport communities.</p>
<p>Under the deal, ITOCHU will serve as ZeroAvia's distributor in Asia, marking its first investment in a developer of hydrogen engines for aircraft and a further expansion into the aviation industry. ITOCHU is part of Japan Aerospace, which is involved in aircraft sales, and of JAMCO, which manufactures materials for aircraft interiors.</p>
<p>According to ITOCHU, this recent investment is part of the company’s long-term goal of helping save the planet by decarbonizing the aviation industry.</p>',
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'content' => '<p>For the third time in the last five years,<strong> Virginia</strong> was ranked America’s Top State for Business in 2024 by CNBC, which cited the state for having the best public schools in the country. It grabbed the top spot in 2007, 2009, 2011, 2019, and 2021.</p>
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<figcaption class="image-caption">Fairfax County Economic Development Authority President and CEO Victor Hoskins (Photo source: Fairfax County Economic Development Authority)</figcaption>
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<p>“Congratulations to Virginia on being named America’s Top State for Business in 2024 by CNBC, a record six times achieving that designation. I know that Virginia succeeds because of our shared belief that collaboration and innovation yield great results for our businesses and their employees,” said <strong>Fairfax County Economic Development Authority President and CEO Victor Hoskins</strong>.</p>
<p>Virginia ranks in the top half or better in each of the study’s 10 categories this year, “a rare feat,” noted CNBC. The state landed in the top 10 in four additional categories: infrastructure (3rd), business friendliness (5th), access to capital (8th) and workforce (9th).</p>
<p>For the first time, CNBC counted infrastructure (including the availability of shovel-ready sites) as the most important component for businesses when deciding on investment and cited the Virginia Business Ready Sites Program, as well as its world-class port, rail, roadway, and air transportation ecosystem as major contributors to the recognition.</p>
<p>CNBC’s annual ranking measures all 50 states on 128 different metrics in 10 key categories of competitiveness. North Carolina ranked second on the list, followed by Texas, Georgia and Florida.</p>
<p>Regarding Virginia’s economic relations with Japan, over $32.5 billion in capital investment has been made by Japanese companies in the last 5 years, according to the Virginia Economic Development Partnership, which also reports that Japanese companies employ more than 15,2000 people in the state.</p>',
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'content' => '<p>The U.S. subsidiary of Japanese group <strong>FANUC</strong>, one of the world’s largest makers of industrial robots, has opened a $110 million facility in Michigan to store, sell and maintain made-in-Japan industrial robots for North American customers, according to a statement from FANUC America.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-13-FANUC.jpg" alt="" />
<figcaption class="image-caption">Michigan Gov. Gretchen Whitmer (center) with senior officers of FANUC America at its West Campus. (Photo source: FANUC America)</figcaption>
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<p>The new 650,000-square-foot facility was inaugurated on July 10 and is located in FANUC America’s West Campus in Auburn Hills, Michigan. The expansion increases the company’s footprint in Michigan to over 2 million square feet and is part of FANUC America’s plan to advance industrial automation in North America. The West Campus represents a $110 million investment built on 67 acres of land.</p>
<p>The facility, built on 270,000 square meters, has warehouse space to hold more than 6,000 robots and features automated systems for moving the robots in and out of the building, according to FANUC America.</p>
<p>"Our ongoing upward trajectory allows us to better support our customers with cutting-edge robotic and automation solutions, helping to drive more efficiency across all industries,” <strong>FANUC America CEO Michael Cicco </strong>said at the unveiling ceremony.</p>
<p>The Japanese company said it would have invested $250 million in North America since 2019 once this and other projects in its pipeline are completed. Currently, FANUC America has created over 400 jobs in Michigan.</p>',
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'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>“K Health solves the need to make primary care visits highly personalized by giving doctors AI superpowers that enable them to practice at the top of their license. Our primary care platform offers a concierge medical experience with an assigned provider and 24/7 access to care,” explained<strong> K Health founder and CEO Allon Bloch.</strong></p>
<p>“When partnered with leading health systems, this model creates significant benefits to access, clinical outcomes, and patient experience. All you need to get care is your health insurance, a stark contrast to concierge medicine services that typically cost thousands of dollars,” Bloch added.</p>
<p>Meanwhile, <strong>Claure Group</strong> <strong>Founder and CEO Marcelo Claure </strong>said: As I invest in the AI landscape, I have found it incredibly difficult to discover companies making tangible, real-world progress with AI. K Health is the first company I've seen successfully using AI to impact millions of lives. They are addressing some of healthcare's greatest challenges by providing accessibility to faster, higher-quality, lower-cost care on a large scale."</p>',
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'content' => '<p>Ontario-based multinational <strong>Lee Li Holdings (LLH)</strong> <strong>CEO Lee Q. Shim</strong> told <strong>Cambodian Prime Minister Hun Manet </strong>in a meeting at the capital Phnom Penh this month that his company was looking at investment opportunities in the country, including its automotive healthcare, gas and oil, food processing and logistics, automobiles, and exports accreditation sectors.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-12-CAMB-Li-Lee-Holdings.jpg" alt="" />
<figcaption class="image-caption">Cambodia Prime Minister Hun Manet (right) met with Lee Li Holdings President and CEO Lee Q. Shim (Ieft) in Phnom Penh this month. (Photo source: Office of the Prime Minister)</figcaption>
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<p>During the meeting, Manet pointed out that the <strong>Cambodia Chamber of Commerce</strong> had two representative offices in Canada (Toronto and Montreal) that promote bilateral trade and assist exporters and importers in their two countries.</p>
<p>“Shim’s visit will further contribute to the promotion of trade relations between Cambodia and Canada,” Manet said.<br /><br />The prime minister also encouraged Shim to pursue discussions with relevant ministries and agencies, such as the Ministry of Health, the Ministry of Mines and Energy, and Ministry of Commerce, adding that his government has supported the private sector by encouraging international investment in the country.</p>
<p>Canada is one of the largest investors in Cambodia and has brought in around $1.1 billion in foreign direct investment as of 2021, Cambodian socio-economic analyst Chey Tech told The Phnom Penh Post in an interview.</p>',
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'content' => '<p><strong>National University Hospital (NUH)</strong>, the main teaching hospital of the country’s top-ranking National University of Singapore, announced this month the opening of a center focused on providing trauma care to vulnerable groups, particularly children, older adults, and migrant workers.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-12-SG-NU-Hospital.jpg" alt="" />
<figcaption class="image-caption">Key representatives of NUH during the launch of the National University Centre for Trauma (Photo source: Singapore's National University Hospital)</figcaption>
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<p>According to the NUH, the center will use a code system to reduce the time between admission to the emergency department and the transfer to an operating theatre. Code Trauma involves the mobilization of all essential staff, including emergency physicians, nurses, surgeons, and anesthesiologists, to accelerate decision-making and response for patients with polytrauma or multiple injuries.</p>
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<p>Today, NUH has over 1,200 beds and serves more than 1 million patients a year with over 50 medical, surgical, and dental specialties. NUH is the only public and not-for-profit hospital in Singapore that provides care for adults, women and children under one roof, including the country’s only pediatric kidney and liver transplant program.</p>',
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'content' => '<p>Established in 1994, <strong>Beximco Fashions Ltd. </strong>has grown to become one of the leading fashion and apparel manufacturers in Bangladesh, having built a reputation for its commitment to quality, innovation, and ethical practices.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R1/2024-R1-ITL-WK-9-BANGLA-Beximco-Fashions.jpg" alt="" />
<figcaption class="image-caption">Beximco Fashions CEO Syed Navid Husain</figcaption>
</figure>
<p>Beximco Fashions is a subsidiary of Beximco Group, one of the largest conglomerates in Bangladesh, with interests spanning pharmaceuticals, textiles, and telecommunications. Its activities include yarn spinning, fabric manufacturing, garment production, and exports.</p>
<p>“Our principles are based on ‘three Ps’. First, it's people, then planet. Profit comes last. This means that we are not completely driven by profit,”<strong> Beximco Fashions CEO Syed Navid Husain </strong>told GMI POST.</p>
<p>The company's commitment to excellence extends beyond the production processes. With a keen understanding of global fashion trends and consumer preferences, Beximco Fashions has carved a niche as a provider of trendsetting apparel.</p>
<p>“We place great emphasis on design innovation and versatility. Our goal is to offer our customers products that not only meet their needs but also exceed their expectations in terms of style and functionality,” Husain said.</p>
<p>Beximco Fashions' success story is not confined to its domestic market. With a strategic focus on international expansion, the company has successfully penetrated key markets across the globe.</p>
<p>“Our international presence is a testament to the strength of our brand and the quality of our products. We are committed to further expanding our global footprint and establishing Beximco Fashions as a household name worldwide,” he also said.</p>
<p>Beximco Fashions has also been at the forefront of Bangladesh's efforts to promote ethical and sustainable practices in the garment industry. The company adheres to strict codes of conduct regarding worker welfare, environmental sustainability, and social responsibility.</p>
<p>This commitment has earned Beximco Fashions the trust of international buyers and contributed to the overall improvement of working conditions in the Bangladeshi garment sector.</p>
<p>Asked about Beximco Fashion’s approach to fashion and design, the CEO cited sustainability and functionality as important factors when designing its products.</p>
<p>“The way we approach fashion is very much like creating music. To create a masterpiece, we do not just focus on one instrument, we play the whole symphony,” said Husain. </p>',
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'content' => '<p><strong>Shattuck Labs</strong>, a Dallas-based clinical-stage biotechnology company, has caught the attention of Japanese drug developer <strong>Ono Pharmaceutical</strong>, which has expressed plans to invest $227 million in the startup.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R1/2024-R1-US-Jap-WK9-Shattuck-Labs.jpg" alt="" />
<figcaption class="image-caption">Shattuck Labs CEO Taylor Schreiber, M.D., Ph.D.</figcaption>
</figure>
<p>Since 2016, <strong>Shattuck Labs</strong>’ has focused its research on fusion proteins, which are mainly used in the: (1) purification of cloned genes, (2) the reporting of gene expression level, and (3) histochemical tagging for locating proteins in cells, tissues or organisms, according to the ScienceDirect medical website.</p>
<p>With the treatment of inflammatory and autoimmune diseases as the primary agenda, Shattuck has produced ARC (Agonist Redirected Checkpoint) platform technology in only 18 months. It currently has two product candidates in global clinical trials with the hopes of a medical breakthrough that can contribute to a cure for cancer.</p>
<p>“We hope to add bifunctional fusion proteins discovered and developed by Shattuck into our portfolio to bring innovative drugs for patients suffering from autoimmune and inflammatory diseases as soon as possible,” said <strong>Ono Pharmaceutical Senior Managing Executive Officer Toichi Takino PhD.</strong></p>',
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'id' => '545663',
'title' => 'How Penta Global is redefining 'productivity' through AI',
'description_old' => null,
'description' => 'Based in the Bangladeshi capital Dhaka, Penta Global Ltd., an internet service provider and ICT specialist, has harnessed artificial intelligence technology to improve the products and services to its entire client base of individuals, businesses and public organizations.',
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'content' => '<p>Based in the Bangladeshi capital Dhaka, <strong>Penta Global Ltd., </strong>an internet service provider and ICT specialist, has harnessed artificial intelligence technology to improve the products and services to its entire client base of individuals, businesses and public organizations.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R1/2024-R1-ITL-WK-10-BANGLA-Penta-Global.jpg" alt="" />
<figcaption class="image-caption">Bangladesh Economic Zone Authority Chairman Md. Ali Ahsan and Penta Global Managing Director Md. Faysal Zama sign an agreement to set BEZA's one-stop business portal.</figcaption>
</figure>
<p>Established in 2013, Penta Global has cemented its reputation in the country as a leader in AI solutions through the use of advanced algorithms and machine learning techniques to streamline processes, optimize operations, and gather valuable insights for businesses.</p>
<p>Its comprehensive suite of AI-powered solutions covers a diverse range of industries, including finance, healthcare, manufacturing, and logistics, all offering tailored strategies that meet the different demands of each industry.</p>
<p>“AI is not just a tool. It’s a catalyst for growth that enables organizations to achieve greater efficiency and competitiveness in today's fast-paced world,” said <strong>Penta Global Managing Director Md. Faysal Zaman.</strong><br /><br />Zaman also highlighted the role of technology and AI in nation-building. In 2023, Penta Global signed an agreement to host, maintain, and build the online one-stop business portal of the Bangladesh Economic Zone Authority (BEZA).</p>
<p>Meanwhile, echoes Zaman’s sentiment, highlighting the role of AI in driving productivity gains.</p>
<p>“By harnessing AI capabilities, we empower businesses to automate routine tasks, analyze vast datasets, and make data-driven decisions with unprecedented speed and accuracy,” said <strong>Penta Global CTO Ipsito Barua Dipon.</strong></p>
<p>Penta Global's AI solutions allow businesses to optimize their supply chains and enhance their customer experiences. Through its firm commitment to adopt the latest innovations, Penta Global remains at the forefront of driving productivity and shapes future of business in the country.</p>',
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'title' => 'From AI to EI: How will expert intelligence revolutionize industry?',
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'description' => 'In today's complex technological landscape, finding the right solution to intricate problems often means tapping into a vast network of consultants and service providers, each with their own limitations and fields of expertise. But always, the right result comes with a hefty price tag.',
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'url' => 'from-ai-to-ei-how-will-expert-intelligence-revolutionize-industry',
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'content' => '<p>In today’s complex technological landscape, finding the right solution to intricate problems often means tapping into a vast network of consultants and service providers, each with their own limitations and fields of expertise. But always, the right result comes with a hefty price tag.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R1/2024-R1-ITL-WK-10-GL-JOINLU.jpg" alt="" />
<figcaption class="image-caption">JOINLU Founder and President Yugo Ashida</figcaption>
</figure>
<p>Enter <strong>JOINLU International</strong>, a Michigan-based company that is revolutionizing the industry with its AI-powered Expert Intelligence (EI) platform.</p>
<p>Eliminating the tedious task of screening thousands of consultants, JOINLU’s platform offers a seamless experience, while providing accurate and up-to-date information with just a few clicks. Through its platform, JOINLU provides effective research intelligence solutions for practical problems in a range of niche industries, from automotive engineering to clean energy.</p>
<p>JOINLU’s EI is not a typical AI platform. It is backed by decades of subject-matter experience combined with open-source information available in the public domain. For users, it is a gold mine of technical information accessible through inputting simple keywords.</p>
<p>“Experts with very specialized skills are scattered globally. Through our platform, we bring them together in one ecosystem. Their wealth of knowledge, combined with publicly available data, form the backbone of our sophisticated system, serving the needs of our clients,” <strong>JOINLU</strong> <strong>Founder and President Yugo Ashida </strong>told GMI POST.</p>
<p>From mechanical engineering to advanced nuclear technologies, JOINLU gives companies access to top-tier experts in very technical fields. The company continuously expands its pool of experts and its fields of service, some as specific as carbon neutrality, and automotive and mobility.</p>
<p>“In today’s market, AI is often limited to consumer applications. JOINLU is changing that narrative by bringing AI’s power to industry professionals and fueling digital transformation efforts,” Ashida said.</p>
<p>“Through our platform, we aim to fill the gaps between industry, academia, research institutions, and international companies that may want to come together to innovate R&D in different fields and continue to find solutions to complex problems,” he added.</p>
<p>With JOINLU's Expert Intelligence platform, companies can say embrace a smarter, more efficient approach to growth.</p>',
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'title' => 'Are you afraid of using AI tools? ',
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'description' => 'The fear of unintended plagiarism has deterred many from using AI-assisted research tools. We have read horror stories about public figures copying parts of speeches made by other famous personalities. Whether plagiarism was intentional or not, the shame associated with stealing someone else's work has become a major hindrance to employing AI tools.',
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'content' => '<p>The fear of unintended plagiarism has deterred many from using AI-assisted research tools. We have read horror stories about public figures copying parts of speeches made by other famous personalities. Whether plagiarism was intentional or not, the shame associated with stealing someone else’s work has become a major hindrance to employing AI tools.</p>
<p>While the anxiety is valid, the use of such AI applications may not necessarily lead to plagiarism. These types of tech are here to stay and are meant to enhance human productivity.</p>
<p>So, how does one take advantage of AI tools without feeling anxious or guilty?</p>
<p>Here are GMI POST's recommendations to help enhance your research and learning experience:</p>
<p> </p>
<p><strong><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R1/2024-R1-ITL-WK-10-GP-AI-and-Guilt.jpg" alt="" /> </strong></p>
<p><span style="font-family: helvetica; font-size: 18pt;"><strong>1. Fireflies</strong></span></p>
<p> </p>
<p>Fireflies automatically transcribes and summarizes your online meetings. For researchers who conduct focus-group discussions and individual online interviews, this tool is a godsend. Just keep in mind that the participants are made aware of its presence and must give their consent to be recorded.</p>
<p>Before starting the online session, it would be best to secure from interviewees and participants their permission to be quoted and credited. Ask also if they will want a preview of any content that uses their quotes.</p>
<p> </p>
<p><span style="font-family: helvetica; font-size: 18pt;"><strong>2. OpenAI </strong></span></p>
<p> </p>
<p>The group’s applications help initiate the research process through brainstorming. In the pre-Google and AI era, people flocked to libraries to gather information on their research topics. What took hours to be accomplished in the past can now be done in a matter of seconds.</p>
<p>While it can be tempting to assume its results as accurate, OpenAI points out that results might not be up-to-date. Always remember to qualify your field of research and narrow the parameters of your desired results. The more specific and focused, the better.</p>
<p>Educating one’s self about the capabilities and limitations of these tools can eliminate any worry associated with the use of AI. Developing personal best practices can protect your productivity and credibility.</p>',
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'title' => 'Toyota to headline SEUS/Japan conference in North Carolina ',
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'description' => 'Gov. Roy Cooper has announced that Toyota will be the main sponsor of this year's Southeast U.S./Japan Annual Joint Meeting (SEUS/Japan Conference), a pivotal economic development gathering aimed at attracting more Japanese investment to North Carolina as well as across the Southeastern United States. ',
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'content' => '<p><strong>Gov. Roy Cooper</strong> has announced that <strong>Toyota</strong> will be the main sponsor of this year’s <strong>Southeast U.S./Japan Annual Joint Meeting</strong> (SEUS/Japan Conference), a pivotal economic development gathering aimed at attracting more Japanese investment to North Carolina as well as across the Southeastern United States.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R1/2024-R1-US-Jap-BANGLA-WK8-North-Carolina-Toyota.jpg" alt="" />
<figcaption class="image-caption">North Carolina Gov. Roy Cooper</figcaption>
</figure>
<p>Taking place in the city of Charlotte from October 27 to 29, the SEUS/Japan Conference happens amid rising optimism surrounding economic growth in the region. The last time North Carolina hosted the conference was in 2008.</p>
<p>Cooper said in a press statement that at present more than 30,000 North Carolinians work for Japanese-owned companies in the state and he expects that number to increase within the year.</p>
<p>The governor also emphasized SEUS/Japan Conference’s pivotal role in cultivating stronger business relationships and generating new jobs, while commending Toyota's dedication to boosting economic ties between Japan and the U.S.</p>
<p>“Given the vast number of new hires needed, it will be a very challenging human resources exercise but well within the capabilities of Toyota, which has an enviable track record in staffing and retaining in locations throughout North America and the world,” said <strong>John H. Boyd, founder and principal of global site-selection firm The Boyd Co.</strong> in Boca Raton, Florida.</p>
<p>Cooper said the <strong>North Carolina Department of Commerce </strong>and the<strong> Economic Development Partnership of North Carolina</strong> <strong>(EDPNC) </strong>will be working together in planning the conference in coordination with the state’s dedicated organizing committee.</p>
<p>North Carolina’s role as a founding member of the Southeast U.S./Japan Association, founded in 1976, underscores the state’s commitment to fostering trade, investment, and mutual understanding between Japan and member states, namely Alabama, Florida, Georgia, Mississippi, North Carolina, South Carolina, and Tennessee.</p>',
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'description' => 'Japanese Prime Minister Fumio Kishida is hoping to visit North Carolina as part of a six-day official visit to the United States in April, whose highlight will be a high-level meeting with U.S. President Joe Biden and a state dinner at the White House, according to the Japan Times.',
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'content' => '<p><strong>Japanese Prime Minister Fumio Kishida </strong>is hoping to visit North Carolina as part of a six-day official visit to the United States in April, whose highlight will be a high-level meeting with <strong>U.S. President Joe Biden</strong> and a state dinner at the White House, according to the Japan Times.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R1/2024-R1-US-Jap-GL-WK8-Kishida-US-Visit.jpg" alt="" />
<figcaption class="image-caption">Japanese Prime Minister Fumio Kishida</figcaption>
</figure>
<p>During the visit, Kishida will also address a joint session of U.S Congress, becoming the first Japanese prime minister to do so since 2015.</p>
<p>News of Kishida’s prospective visit to North Carolina follows Toyota’s announcement last year that it will spend nearly $8 billion to expand and raise the production capacity of its North Carolina Battery Plant for its electric vehicles and plug-in hybrid vehicles. The expansion will add around 3,000 new jobs in the state.</p>
<p>According to the Japan Times, Kishida’s visit also aims to highlight Japan’s contribution to the U.S. economy and employment landscape. The meeting between the leaders will happen amid long-running issues involving the large trade deficit between the two countries and Biden’s expressed opposition to the $14.1 billion sale of U.S Steel to Nippon Steel.</p>
<p>Japanese prime ministers usually visit other cities during official visits to the United States. Then prime minister Shinzo Abe went to Boston, San Francisco, and Los Angeles in 2015; Junichiro Koizumi visited Memphis in Tennessee.</p>',
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'title' => 'Beximco Fashions: At the pinnacle of Bangladesh's textile and garment industry',
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'description' => 'Established in 1994, Beximco Fashions Ltd. has grown to become one of the leading fashion and apparel manufacturers in Bangladesh, having built a reputation for its commitment to quality, innovation, and ethical practices.',
'credit_id' => '48',
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'content' => '<p>Established in 1994, <strong>Beximco Fashions Ltd. </strong>has grown to become one of the leading fashion and apparel manufacturers in Bangladesh, having built a reputation for its commitment to quality, innovation, and ethical practices.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R1/2024-R1-ITL-WK-9-BANGLA-Beximco-Fashions.jpg" alt="" />
<figcaption class="image-caption">Beximco Fashions CEO Syed Navid Husain</figcaption>
</figure>
<p>Beximco Fashions is a subsidiary of Beximco Group, one of the largest conglomerates in Bangladesh, with interests spanning pharmaceuticals, textiles, and telecommunications. Its activities include yarn spinning, fabric manufacturing, garment production, and exports.</p>
<p>“Our principles are based on ‘three Ps’. First, it's people, then planet. Profit comes last. This means that we are not completely driven by profit,”<strong> Beximco Fashions CEO Syed Navid Husain </strong>told GMI POST.</p>
<p>The company's commitment to excellence extends beyond the production processes. With a keen understanding of global fashion trends and consumer preferences, Beximco Fashions has carved a niche as a provider of trendsetting apparel.</p>
<p>“We place great emphasis on design innovation and versatility. Our goal is to offer our customers products that not only meet their needs but also exceed their expectations in terms of style and functionality,” Husain said.</p>
<p>Beximco Fashions' success story is not confined to its domestic market. With a strategic focus on international expansion, the company has successfully penetrated key markets across the globe.</p>
<p>“Our international presence is a testament to the strength of our brand and the quality of our products. We are committed to further expanding our global footprint and establishing Beximco Fashions as a household name worldwide,” he also said.</p>
<p>Beximco Fashions has also been at the forefront of Bangladesh's efforts to promote ethical and sustainable practices in the garment industry. The company adheres to strict codes of conduct regarding worker welfare, environmental sustainability, and social responsibility.</p>
<p>This commitment has earned Beximco Fashions the trust of international buyers and contributed to the overall improvement of working conditions in the Bangladeshi garment sector.</p>
<p>Asked about Beximco Fashion’s approach to fashion and design, the CEO cited sustainability and functionality as important factors when designing its products.</p>
<p>“The way we approach fashion is very much like creating music. To create a masterpiece, we do not just focus on one instrument, we play the whole symphony,” said Husain. </p>',
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'title' => 'How private and public sectors differ in marketing approaches',
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'description' => 'Recognized as the Father of Digital Marketing, Prof. Philip Kotler said, "To be successful, the company must do a better job than its competitors in satisfying target consumers. It is more expensive to obtain new customers than to retain them." ',
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'content' => '<p>Recognized as the Father of Digital Marketing, <strong>Prof. Philip Kotler</strong> said, “To be successful, the company must do a better job than its competitors in satisfying target consumers. It is more expensive to obtain new customers than to retain them.”</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R1/2024-R1-ITL-WK-9-GP-Kotler.jpg" alt="" />
<figcaption class="image-caption">Prof. Philip Kotler</figcaption>
</figure>
<p>With numerous cost-effective platforms available, one can assume that it is virtually impossible to fail in the digital marketing game. Another misconception is that providing high-quality service and communicating value are sufficient conditions for brands to achieve success. Apparently, these aren’t enough.</p>
<p>Because customers have more access to information, it is natural to expect them to compare brands’ products and services more often. With this in mind, Kotler argues that marketing strategies must be tailored to build an advantage over the competition. The only way to do this is by assessing the internal and external environments of the firm, in addition to performing a marketing audit.</p>
<p>There is a slight difference though when dealing with the public sector where social marketing principles are more fitting to use. For the private sector, the marketing mix for a product would mean either a physical item or service that a business will provide its target customers. But, from the standpoint of social marketing, “behavior change” is the desired outcome.</p>
<p>When social issues like unemployment, housing shortages, high crime, and underdevelopment are involved, state and local officials face the challenge of changing the mindset of its citizens, partners and civic groups.</p>
<p>Regardless of an organization’s nature, the most effective way to spur civic engagement and customer loyalty is to identify target audiences, understand behavior, develop effective strategies, and communicate through the correct channels.</p>',
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'id' => '545659',
'title' => '3 powerful OEM branding strategies, according to Japan's EM Devices ',
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'description' => 'For many OEMs (original equipment manufacturers), cost efficiency and quick sales cycles are often prioritized over strategies to strengthen the business and build a robust brand identity that will help distinguish themselves in a vast field of competitors. ',
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'content' => '<p>For many OEMs (original equipment manufacturers), cost efficiency and quick sales cycles are often prioritized over strategies to strengthen the business and build a robust brand identity that will help distinguish themselves in a vast field of competitors.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R1/2024-R1-ITL-WK-9-GL-EM-Devices.jpg" alt="" />
<figcaption class="image-caption">EMD CEO and President Chihiro Yamamoto</figcaption>
</figure>
<p>Japan-based <strong>EM Devices Corp. (EMD)</strong> has managed to carve out a significant presence in the automotive heartland of the United States through strategic branding. Today, EMD has the second-largest share in the automotive relay market in the U.S. and is aiming higher.</p>
<p>In an interview with GMI POST, <strong>EMD</strong> <strong>CEO and President Chihiro Yamamoto</strong> shares three reasons the brand has become a sought-after supplier.</p>
<p><strong> </strong></p>
<p><span style="font-family: helvetica; font-size: 18pt;"><strong>1. Customer intimacy ensures strong brand recall</strong></span></p>
<p> </p>
<p>In business, the saying ‘out of sight out of mind’ rings true. Recognizing the importance of staying close to its customers, EMD made a bold move to start operations in Michigan, the car capital of America. It wanted to engage directly with clients and their development teams when designing products.</p>
<p>“When you are closer to your customers, you are closer to their needs,” Yamamoto said.</p>
<p>“Owing to our move to Michigan, we now communicate more intimately with our customers. Our business size has increased by more than 50% in one of our largest customers. We ensure that our engineers meet customers regularly to stay on top of their requirements,” he added.</p>
<p> </p>
<p><span style="font-family: helvetica; font-size: 18pt;"><strong>2. </strong><strong>Creating future value fosters brand loyalty</strong></span></p>
<p><strong> </strong></p>
<p>As technology evolves, new advancements breed new competition. EMD recognizes this challenge. To stay relevant and prevent its customer base from switching brands, the company actively anticipates future customer needs to sustain their loyalty.</p>
<p>“As CEO, my mission is to ensure that EMD is always up to date with industry trends. Part of it is to actively imagine the future needs of our customers so that we are always available to serve them,” Yamamoto stressed.</p>
<p>This forward-thinking approach is evident in EMD’s preparation for the electric vehicle (EV) revolution. While they may be considered a “late entrant” in the EVN space, as Yamamoto describes it, they are fully prepared to adapt their relays for this new market.</p>
<p>This ensures that their existing automotive clients, who are transitioning to EV production, won't need to find new partners, fostering continued brand loyalty.</p>
<p> </p>
<p><span style="font-family: helvetica; font-size: 18pt;"><strong>3. </strong><strong>A clear brand philosophy establishes a unique identity</strong></span></p>
<p><strong> </strong></p>
<p>Every successful brand has a core philosophy, a way of doing business that sets them apart. For EMD, this philosophy is rooted in the Japanese concept of <em>monozukuri</em>, which translates roughly to “doing the right thing.”</p>
<p>According to Yamamoto, doing the right thing means using their expertise to improve people’s lives.</p>
<p>“Our brand is about ensuring that the specialized knowledge and expertise we have gained over the years is used to improve the lives of people around us. We ensure the highest standards of quality and safety and strive to do right by all those who use products integrated with our relays,” he explained.</p>',
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'id' => '545654',
'title' => 'Mitsubishi, Digital Realty form $800M joint venture',
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'description' => 'Japanese conglomerate Mitsubishi Corp. and Texas-based Digital Realty, a leading global provider of data center solutions, formed a new joint venture to finance two data centers in Dallas. With an estimated value of $800 million, the new facilities mark Mitsubishi's first overseas investments in data centers ',
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'content' => '<p>Japanese conglomerate <strong>Mitsubishi Corp.</strong> and Texas-based <strong>Digital Realty</strong>, a leading global provider of data center solutions, formed a new joint venture to finance two data centers in Dallas. With an estimated value of $800 million, the new facilities mark Mitsubishi’s first overseas investments in data centers</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R1/2024-R1-US-Jap-GL-WK7-US-Japan-Mitsubishi-Digital-Realty-Greg-Wright.jpg" alt="" />
<figcaption class="image-caption">Digital Realty Chief Investment Officer Greg Wright</figcaption>
</figure>
<p>Under this partnership, Mitsubishi will secure a 65% equity stake in the joint venture for an initial investment of $200 million. Digital Realty will retain a 35% state and take charge of overseeing the development and day-to-day operations of the collaboration.</p>
<p>Construction of the two data centers commenced in the fourth quarter of 2022, with plans to go live later this year expecting to deliver a capacity of 16MW. But, Digital Reality said customers will have the option to scale up the capacity up to 48MW within the initial term of their lease. This will effectively double the budget of these data centers as per current estimates.</p>
<p>Mitsubishi has long been a key player in Japan’s data center market, with its first joint venture with Digital Realty in 2017 valued at $1.8 billion. This partnership, known as MC Digital Reality (MCDR), currently manages a network of nine data centers in Japan, with the most recent addition being a three-story facility having 21MQ of IT capacity in 2023.</p>
<p>As they venture into the U.S. market, both companies are poised to leverage their extensive networks, expertise, and established track records to fortify and expand their data center business across the United States.</p>
<p>Commenting on this strategic collaboration, <strong>Digital Realty Chief Investment Officer Greg Wright </strong>said, “We are delighted to expand our partnership with Mitsubishi. This development joint venture leverages the success of our established Japanese partnership into the United States while supporting our customer's data center requirements with a like-minded, long-term investor.”</p>
<p>Mitsubishi echoed this sentiment, emphasizing that it is committed to growing its domestic and international business endeavors by focusing on accelerating the supply of sustainable computing resources by leveraging green energy sources.</p>
<p>With Mitsubishi's financial prowess and Digital Realty's operational expertise, this joint venture signifies a significant step forward in meeting the evolving demands of the digital age, promising innovative solutions and unparalleled service to customers in the U.S. and beyond.</p>',
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'title' => 'Itochu partners with Blue Laser Fusion to advance fusion energy technology',
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'description' => 'Tokyo's Itochu Corp. has entered into a partnership with California-based fusion technology startup Blue Laser Fusion (BLF). As part of the deal, Itochu will acquire shares in BLF through a third-party allocation process and take part in the development of fusion energy and other ventures that use BLF's proprietary laser technology.',
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'content' => '<p>Tokyo's<strong> Itochu Corp. </strong>has entered into a partnership with California-based fusion technology startup<strong> Blue Laser Fusion (BLF)</strong>. As part of the deal, Itochu will acquire shares in BLF through a third-party allocation process and take part in the development of fusion energy and other ventures that use BLF's proprietary laser technology.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R1/2024-R1-US-Jap-GL-WK7-US-Japan-Itochu-Nakamura.jpg" alt="" />
<figcaption class="image-caption">Blue Laser Fusion co-founder Shuji Nakamura</figcaption>
</figure>
<p>BLF, a startup launched in 2022, is dedicated to commercializing a laser-driven fusion reactor. <strong>Co-founder</strong> <strong>Shuji Nakamura</strong>, a Nobel Prize winner for Physics for his work on a high-brightness blue light laser diode, is spearheading this joint initiative.</p>
<p> </p>
<p><strong><span style="font-family: helvetica; font-size: 18pt;">What is fusion energy?</span> <br /></strong></p>
<p> </p>
<p>As explained in BLF’s website, fusion energy is a source of energy that keeps the stars in the universe shining, including the sun. According to BLF, if it can be used practically, it is believed that it will be possible to stably generate a large amount of energy using a small amount of fuel. The energy does not emit carbon dioxide throughout its energy generation process.</p>
<p> </p>
<p><span style="font-family: helvetica; font-size: 18pt;"><strong>Japan’s plans for fusion energy</strong></span></p>
<p> </p>
<p>The partnership between Itochu and BLF comes on the heels of the release of a fusion energy innovation strategy by Japan’s Integrated Innovation Strategy Promotion Council last April. Working under the Cabinet Office, the council has been instrumental in fostering an environment conducive to the industrialization of fusion energy in the country.</p>
<p>The strategy also calls for the establishment of the Fusion Industry Council, which aims to enhance collaboration among the government, private sector, and academia.</p>
<p>In a press release published in March 2024, Itochu said it will move forward with a collaboration with BLF for the commercialization of fusion energy while promoting alliances with a range of fusion energy-related industries and companies to capitalize on its global network.</p>
<p>The Japanese company also said its collaboration with BLF is a significant step towards the ultimate objective of addressing environmental challenges and energy resource scarcity.</p>',
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'title' => 'Japan's Eisai to invest up to $15 million in Missouri-based medical laboratory C2N',
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'description' => 'Tokyo-based Eisai Co., Ltd. (Eisai) announced in March 2024 that its U.S. subsidiary Eisai Inc. will invest up to $15 million in medical laboratory C2N Diagnostics LLC (C2N) to support its goal to increase the availability, accessibility, affordability and use of blood-based tests for Alzheimer's disease in the United States.',
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'content' => '<p>Tokyo-based <strong>Eisai Co., Ltd. </strong>(Eisai) announced in March 2024 that its U.S. subsidiary Eisai Inc. will invest up to $15 million in medical laboratory <strong>C2N Diagnostics LLC</strong> (C2N) to support its goal to increase the availability, accessibility, affordability and use of blood-based tests for Alzheimer’s disease in the United States.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R1/2024-R1-US-Jap-GL-WK7-US-Japan-Eisai-Joel%20Braunstein-CEO%20C2N%20Diagnostics.jpg" alt="" />
<figcaption class="image-caption">C2N co-founder and CEO Joel B. Braunstein, MD, MBA</figcaption>
</figure>
<p>The new investment is in addition to the collaboration between C2N and Eisai announced in 2022 on the use of blood-based assays in clinical practice for diagnosing people living with dementia.</p>
<p>Through its highly precise research tool for identifying, monitoring and diagnosing Alzheimer’s, C2N has bolstered its global reputation as a pioneer in the early detection of the disease. With the new investment, Eisai highlighted its strong commitment to the development of novel and innovative drugs on a global scale.</p>
<p>Founded by Toyoji Naito more than 80 years ago, Eisai continues to live up to its objective to contribute to the health and well-being of people around the world, a mission shared by C2N Diagnostics.</p>
<p>“The availability of more affordable and minimally invasive diagnostic tools helps support broad access for the management of Alzheimer’s disease,” said <strong>Keisuke Naito, Eisai's global Alzheimer's disease officer.</strong></p>
<p>With Eisai’s much-welcomed infusion, C2N hopes to speed up the development and commercialization of its life-enhancing technology.</p>',
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'title' => 'Renowned U.S. chip designer wants to end Nvidia's global dominance',
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'description' => 'Tenstorrent CEO Jim Keller, who worked for Intel, AMD and Tesla, said in an interview with Nikkei Asia that he wants to lower the price of AI applications by designing chips that are more efficient than Nvidia's and, in the process, end the American giant's global market dominance.',
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'content' => '<p><strong>Tenstorrent CEO Jim Keller</strong>, who worked for Intel, AMD and Tesla, said in an interview with Nikkei Asia that he wants to lower the price of AI applications by designing chips that are more efficient than Nvidia's and, in the process, end the American giant’s global market dominance.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-13-Tenstorrent.jpg" alt="" />
<figcaption class="image-caption">Tenstorrent CEO Jim Keller (Photo source: Tenstorrent)</figcaption>
</figure>
<p>Headquartered in Toronto, Tenstorrent has offices in Austin, Texas and Santa Clara, California, as well as in Belgrade, Tokyo, Bangalore, and Seoul. The company claims to be developing AI processors that perform as efficiently as Nvidia's AI GPUs but at a lower cost.</p>
<p>At present, Nvidia is the global market leader when it comes to AI chips. Its AI accelerators command between 70% and 95% of the global market share, according to CNBC.</p>
<p>Keller also said in the interview that Tenstorrent hopes to sell its second-generation multipurpose AI chip by the end of this year.</p>
<p>According to Keller, Tenstorrent can achieve its objective because it does not use high-bandwidth memory (HBM), a popular type of advanced memory chip capable of transferring large amounts of data quickly. HBM is a vital component for generative AI chips and has played a significant role in the success of Nvidia's offerings.</p>
<p>But Keller pointed out that HBM was also one of the culprits behind the massive energy consumption and high prices of AI chips.</p>
<p>"Even the people that use HBM struggle with the cost of it, [and] the design time to build it,” he said.</p>
<p>By doing away with HBM, Tenstorrent will design a chip that can replace both GPUs and HBMs in some areas of AI development, adding that its new product will be "as cost-effective as possible".</p>',
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'content' => '<p>Tokyo-based trading giant <strong>ITOCHU</strong> secured a contract to develop and test AI systems that will help run the transportation network and energy infrastructure of a future smart city project in southern Taiwan, according to a company press release.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-13-ITOCHU-Taiwan.jpg" alt="" />
<figcaption class="image-caption">ITOCHU plans to roll out AI-powered buses for Taiwan's new smart city project in Tainan. (Photo source: Nikkei Asia)</figcaption>
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<p>ITOCHU outbid other parties interested in the Integrated Development Project for Shalun Smart Green Energy Science City located in Tainan. The early-stage contract, according to Nikkei Asia, is worth around $332,000 (10.8 million New Taiwan dollars).</p>
<p>According to ITOCHU, the goal is to test its AI systems on a trial basis by the end of October. This is the first time the trading house has officially participated in an overseas smart city project.</p>
<p>The Taiwanese government also announced plans to earmark an additional $306.9 million (or 10 billion NTD) to develop the country’s artificial intelligence (AI) industry. In line with this goal, ITOCHU will collaborate with various Taiwanese partners, including IT company Accton Technology and National Cheng Kung University.</p>
<p>Home to the world's largest semiconductor maker, Taiwan Semiconductor Manufacturing Company (TSMC), Taiwan has a global market share of 61.7%. CNN estimates that TSMC produces 90% of the world's super-advanced semiconductor chips, which are used to power everything from smartphones to artificial intelligence applications.</p>',
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'content' => '<p>Belgium-based supplier of semiconductor solutions <strong>Melexis</strong> has opened its largest wafer testing site worldwide in Kuching in the Malaysian state of Sarawak to strengthen its presence in Asia-Pacific and meet the rising demand for semiconductors around the world, according to a company announcement.</p>
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<figcaption class="image-caption">Melexis' new 70 million-euro facility in Kuching is a nod to the local architectural design. (Photo source: Melexis)</figcaption>
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<p>Wafer testing is part of the manufacturing process wherein all individual integrated circuits are checked for functional defects through special test patterns.</p>
<p>According to Melexis, its expansion in Malaysia is a strategic move to streamline logistics and reduce its ecological footprint. Additionally, it selected Kuching because of its diverse, multilingual, entrepreneurial and highly skilled workforce.</p>
<p><strong>Melexis CEO Marc Biron </strong>said, “With an investment of 70 million euros, this opening underscores the ambition of Melexis and will ensure future growth. With Melexis, we are at the forefront of innovation, and this opening will support us in the markets that we serve.”</p>
<p>The new four-storey building, a collaboration of award-winning Belgian architect Sebastian Mortelmans and local architectural firm DNA, covers a ground surface of 4,500 sq. m., making it the company’s largest wafer testing site worldwide. The modern design evokes local longhouse architecture, incorporates advanced energy-saving systems, like a solar installation that can generate 30.000 kWh per month, and minimizes its environmental impact.</p>
<p>“Melexis has made the right choice to invest in Sarawak. With political stability, Sarawak is business-friendly and welcomes investments that can create mutual benefits. The Sarawak government has always been very supportive of investors both foreign and domestic. It is among the most preferred destinations for investment in Malaysia,” <strong>Sarawak’s Ministry of International Trade, Industry and Investment </strong>said in a statement<strong>.</strong></p>
<p>“Sarawak possesses many comparative advantages for businesses to grow and prosper such as strategic location, availability of green energy, talented workforce, and suitable land for industrial activities,” the statement also said.</p>',
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'content' => '<p>Japanese trading giant <strong>ITOCHU</strong> announced this month it had invested in <strong>ZeroAvia</strong>, a British-American maker of hydrogen-electric engines for aircraft, according to a company statement.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-13-Itochu-ZeroAvia.jpg" alt="" />
<figcaption class="image-caption">An aircraft powered by ZeroAvia's hydrogen-electric engines (Photo source: ZeroAvia)</figcaption>
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<p>Founded in 2018, ZeroAvia describes itself as “a team of passionate innovators dedicated to bringing safe, zero-emission flight to aviation.” The company claims its hydrogen-electric propulsion systems are “the most environmentally friendly and economically attractive solution to aviation’s growing climate change impact.”</p>
<p>According to ZeroAvia, its hydrogen-electric engines cut more than 90% of harmful emissions, lower operating costs by more than 40%, improve air quality and reduce noise pollution in airport communities.</p>
<p>Under the deal, ITOCHU will serve as ZeroAvia's distributor in Asia, marking its first investment in a developer of hydrogen engines for aircraft and a further expansion into the aviation industry. ITOCHU is part of Japan Aerospace, which is involved in aircraft sales, and of JAMCO, which manufactures materials for aircraft interiors.</p>
<p>According to ITOCHU, this recent investment is part of the company’s long-term goal of helping save the planet by decarbonizing the aviation industry.</p>',
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'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’s Top State for Business in 2024 by CNBC, which cited the state for having the best public schools in the country. It grabbed the top spot in 2007, 2009, 2011, 2019, and 2021.</p>
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<figcaption class="image-caption">Fairfax County Economic Development Authority President and CEO Victor Hoskins (Photo source: Fairfax County Economic Development Authority)</figcaption>
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<p>“Congratulations to Virginia on being named America’s Top State for Business in 2024 by CNBC, a record six times achieving that designation. I know that Virginia succeeds because of our shared belief that collaboration and innovation yield great results for our businesses and their employees,” said <strong>Fairfax County Economic Development Authority President and CEO Victor Hoskins</strong>.</p>
<p>Virginia ranks in the top half or better in each of the study’s 10 categories this year, “a rare feat,” noted CNBC. The state landed in the top 10 in four additional categories: infrastructure (3rd), business friendliness (5th), access to capital (8th) and workforce (9th).</p>
<p>For the first time, CNBC counted infrastructure (including the availability of shovel-ready sites) as the most important component for businesses when deciding on investment and cited the Virginia Business Ready Sites Program, as well as its world-class port, rail, roadway, and air transportation ecosystem as major contributors to the recognition.</p>
<p>CNBC’s annual ranking measures all 50 states on 128 different metrics in 10 key categories of competitiveness. North Carolina ranked second on the list, followed by Texas, Georgia and Florida.</p>
<p>Regarding Virginia’s economic relations with Japan, over $32.5 billion in capital investment has been made by Japanese companies in the last 5 years, according to the Virginia Economic Development Partnership, which also reports that Japanese companies employ more than 15,2000 people in the state.</p>',
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'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’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>
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<p>The new 650,000-square-foot facility was inaugurated on July 10 and is located in FANUC America’s West Campus in Auburn Hills, Michigan. The expansion increases the company’s footprint in Michigan to over 2 million square feet and is part of FANUC America’s plan to advance industrial automation in North America. The West Campus represents a $110 million investment built on 67 acres of land.</p>
<p>The facility, built on 270,000 square meters, has warehouse space to hold more than 6,000 robots and features automated systems for moving the robots in and out of the building, according to FANUC America.</p>
<p>"Our ongoing upward trajectory allows us to better support our customers with cutting-edge robotic and automation solutions, helping to drive more efficiency across all industries,” <strong>FANUC America CEO Michael Cicco </strong>said at the unveiling ceremony.</p>
<p>The Japanese company said it would have invested $250 million in North America since 2019 once this and other projects in its pipeline are completed. Currently, FANUC America has created over 400 jobs in Michigan.</p>',
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'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>
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<figcaption class="image-caption">K Health founder and CEO Allon Bloch (Photo source: K Health)</figcaption>
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<p>K Health said in the same statement that it had been developing its own AI technology for more than seven years. Today, it can provide 24/7 virtual primary care solutions to millions of people in the United States.</p>
<p>The K Health platform includes clinical-grade medical chat and AI predictive models based on large datasets to help physicians optimize diagnosis and treatment and focus on patient care.</p>
<p>Instead of doctors taking patients through lengthy procedures and manually piecing together their medical history from electronic medical records, K Health allows healthcare providers to engage more quickly and closely with patients by giving them a complete medical chart with patient insights straight from the app.</p>
<p>According to K Health, this new model of care delivery achieves dramatically higher quality of care at lower costs compared to traditional primary care.</p>
<p>“K Health solves the need to make primary care visits highly personalized by giving doctors AI superpowers that enable them to practice at the top of their license. Our primary care platform offers a concierge medical experience with an assigned provider and 24/7 access to care,” explained<strong> K Health founder and CEO Allon Bloch.</strong></p>
<p>“When partnered with leading health systems, this model creates significant benefits to access, clinical outcomes, and patient experience. All you need to get care is your health insurance, a stark contrast to concierge medicine services that typically cost thousands of dollars,” Bloch added.</p>
<p>Meanwhile, <strong>Claure Group</strong> <strong>Founder and CEO Marcelo Claure </strong>said: As I invest in the AI landscape, I have found it incredibly difficult to discover companies making tangible, real-world progress with AI. K Health is the first company I've seen successfully using AI to impact millions of lives. They are addressing some of healthcare's greatest challenges by providing accessibility to faster, higher-quality, lower-cost care on a large scale."</p>',
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'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>“Shim’s visit will further contribute to the promotion of trade relations between Cambodia and Canada,” Manet said.<br /><br />The prime minister also encouraged Shim to pursue discussions with relevant ministries and agencies, such as the Ministry of Health, the Ministry of Mines and Energy, and Ministry of Commerce, adding that his government has supported the private sector by encouraging international investment in the country.</p>
<p>Canada is one of the largest investors in Cambodia and has brought in around $1.1 billion in foreign direct investment as of 2021, Cambodian socio-economic analyst Chey Tech told The Phnom Penh Post in an interview.</p>',
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'content' => '<p><strong>National University Hospital (NUH)</strong>, the main teaching hospital of the country’s top-ranking National University of Singapore, announced this month the opening of a center focused on providing trauma care to vulnerable groups, particularly children, older adults, and migrant workers.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-12-SG-NU-Hospital.jpg" alt="" />
<figcaption class="image-caption">Key representatives of NUH during the launch of the National University Centre for Trauma (Photo source: Singapore's National University Hospital)</figcaption>
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<p>According to the NUH, the center will use a code system to reduce the time between admission to the emergency department and the transfer to an operating theatre. Code Trauma involves the mobilization of all essential staff, including emergency physicians, nurses, surgeons, and anesthesiologists, to accelerate decision-making and response for patients with polytrauma or multiple injuries.</p>
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<p>Today, NUH has over 1,200 beds and serves more than 1 million patients a year with over 50 medical, surgical, and dental specialties. NUH is the only public and not-for-profit hospital in Singapore that provides care for adults, women and children under one roof, including the country’s only pediatric kidney and liver transplant program.</p>',
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'description' => 'Established in 1994, Beximco Fashions Ltd. has grown to become one of the leading fashion and apparel manufacturers in Bangladesh, having built a reputation for its commitment to quality, innovation, and ethical practices.',
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'content' => '<p>Established in 1994, <strong>Beximco Fashions Ltd. </strong>has grown to become one of the leading fashion and apparel manufacturers in Bangladesh, having built a reputation for its commitment to quality, innovation, and ethical practices.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R1/2024-R1-ITL-WK-9-BANGLA-Beximco-Fashions.jpg" alt="" />
<figcaption class="image-caption">Beximco Fashions CEO Syed Navid Husain</figcaption>
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<p>Beximco Fashions is a subsidiary of Beximco Group, one of the largest conglomerates in Bangladesh, with interests spanning pharmaceuticals, textiles, and telecommunications. Its activities include yarn spinning, fabric manufacturing, garment production, and exports.</p>
<p>“Our principles are based on ‘three Ps’. First, it's people, then planet. Profit comes last. This means that we are not completely driven by profit,”<strong> Beximco Fashions CEO Syed Navid Husain </strong>told GMI POST.</p>
<p>The company's commitment to excellence extends beyond the production processes. With a keen understanding of global fashion trends and consumer preferences, Beximco Fashions has carved a niche as a provider of trendsetting apparel.</p>
<p>“We place great emphasis on design innovation and versatility. Our goal is to offer our customers products that not only meet their needs but also exceed their expectations in terms of style and functionality,” Husain said.</p>
<p>Beximco Fashions' success story is not confined to its domestic market. With a strategic focus on international expansion, the company has successfully penetrated key markets across the globe.</p>
<p>“Our international presence is a testament to the strength of our brand and the quality of our products. We are committed to further expanding our global footprint and establishing Beximco Fashions as a household name worldwide,” he also said.</p>
<p>Beximco Fashions has also been at the forefront of Bangladesh's efforts to promote ethical and sustainable practices in the garment industry. The company adheres to strict codes of conduct regarding worker welfare, environmental sustainability, and social responsibility.</p>
<p>This commitment has earned Beximco Fashions the trust of international buyers and contributed to the overall improvement of working conditions in the Bangladeshi garment sector.</p>
<p>Asked about Beximco Fashion’s approach to fashion and design, the CEO cited sustainability and functionality as important factors when designing its products.</p>
<p>“The way we approach fashion is very much like creating music. To create a masterpiece, we do not just focus on one instrument, we play the whole symphony,” said Husain. </p>',
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Beximco Fashions: At the pinnacle of Bangladesh's textile and garment industry
Established in 1994, Beximco Fashions Ltd. has grown to become one of the leading fashion and apparel manufacturers in Bangladesh, having built a r...
