Mega-Project Mania: Indonesia’s Industrial Land Supply Under Constraint from the Global Race for Strategic Minerals Tractus Global November 28, 2023 This article is part of a series exploring Southeast Asia’s industrial zone landscape. For a comprehensive overview, refer to our articles on Malaysia, Vietnam, and Thailand’s Mega-sites. Foreign investment in Southeast Asia’s largest market surged during 2022, with the total investment value rising by 44% from the previous year, to $43 billion. The year saw major… Read More
Vietnam’s Bright Future: FTAs as a Catalyst for Economic Transformation | Tractus Tractus Global November 21, 2023 Vietnam’s current economic boom did not happen overnight. The nation’s future is deeply intertwined with its past, specifically its historical struggle for independence. After many years of colonial rule and the devastating Vietnam War, Vietnam gained its independence in 1976. Following the nation’s new independence, Vietnam faced the daunting task of rebuilding its economy. After… Read More
Japan’s Bid to Become a Global Asset Management Hub | Tractus Tractus Global November 16, 2023 In a bold move to position Japan as a leader in the global asset management industry, Prime Minister Fumio Kishida is considering the establishment of special business zones in four key locations: Tokyo, Osaka, Fukuoka Prefecture, and Sapporo City. This initiative aims to entice foreign asset management companies to set up operations in Japan. Prime… Read More
Mega-Project Mania: Malaysia – ASEAN’s Advanced Manufacturing Magnet Tractus Global November 9, 2023 Government-linked zones and highly efficient ports power its investment attractiveness. This article is part of a series exploring Southeast Asia’s industrial zone landscape. For a comprehensive overview, refer to our articles on Vietnam’s Mega-sites and Thailand’s Mega-sites. Malaysia’s foreign direct investment environment continued to benefit from companies strategically de-risking their supply chains. During 2022, Malaysia attracted… Read More
Navigating Sustainability: Vietnam’s Environmental Leadership and Collaborative Initiatives Tractus Global October 31, 2023 Driving Sustainability: Environmental Initiatives At the 26th United Nations Climate Change Conference of the Parties (COP26), Vietnam underscored its dedication to addressing critical environmental concerns, unveiling substantial objectives. These encompass achieving net-zero emissions by 2050, ending deforestation by 2030, and phasing out coal-fired power by 2040. This vision is seamlessly intertwined with National Green Growth… Read More
Inside the Tasting Room: Strategies for Growing and Adapting to New Markets | Tractus Herminio Andres October 19, 2023 Last August, I visited Atlanta, Georgia, USA, home to one of the most iconic companies in the world: Coca-Cola®. There, the company has a museum where they showcase the history of the company. The visitor will appreciate the evolution of the company and the marketing campaigns through the years, signaling the epitome of commercialization entrepreneurship… Read More
Barking Up The Right Tree: Singapore’s Up And Coming Pet Market | Tractus Tractus Global October 17, 2023 The pet industry in Singapore has experienced a fast transformation over the past 6 years, with the value of the pet retail market rising from US$ 78 million in 2016 to an expected US$ 110 million by 2025, at a CAGR between 3-4%. This is despite Singapore having the lowest pet ownership rate among the… Read More
Thailand Skills Development Program and Incentives for the Eastern Economic Corridor | Tractus Tractus Global October 6, 2023 The Thailand Eastern Economic Corridor (EEC) is a strategic initiative undertaken by the Thai Government to raise the nation to achieve high-income status within 20 years. The EEC special development zone targets innovative, high value industries in twelve target sectors including digital and smart electronics, aerospace, and smart agriculture. Thailand recognizes that human capital development… Read More
China’s Booming Dairy Market Amid Evolving Tastes | Tractus Tractus Global September 28, 2023 Benefiting from the rapid development of China’s economy and improvements in people’s eating habits, China’s dairy market has grown steadily since the early 90s. The total market size in China reached approximately US$68.2 billion (RMB498.1 billion) in 2022. However, the amount of annual dairy consumption per capita in China was only 50kg in 2022, still… Read More
Thailand’s Economic Development Plan is Moving Forward Under the New Policy | Tractus Arunrat Chumroentaweesup September 21, 2023 On September 11, 2023, newly elected Prime Minister Srettha Thavisin presented his government’s new policy initiatives for promoting economic growth. Apart from the short-term policies for immediate implementation, the new policies are focused on medium and long-term initiatives to promote economic growth, improve infrastructure, and strengthen the competitiveness of Thailand’s industrial base as well as… Read More