This year marks an important milestone for Indonesia as it celebrates 75 years of independence. In a bid to become part of the top five economies by 2045, the country looks to create new opportunities for growth — an integral part of which includes strengthening its ties with Japan. One of the key factors driving the bilateral relationship between the two countries is the growing influx of the skilled labor force being supplied from Indonesia to Japan. “We are concentrating on contributing to the improvement of technical education and its availability,” explained...
Japan and Singapore have dynamic and well-established economies. Both countries actively contribute to the global community, including member countries of ASEAN, the Association of Southeast Asian Nations. Japan is the world’s third largest economy and a global technology leader. Singapore is the world’s most advanced and competitive economy, surpassing the United States, according to the World Economic Forums’s 2019 Global Competitiveness Report. Both countries contribute to one another’s advancement said Ambassador Peter Tan Hai Chuan..
Japan and China | The relationship between our two countries is now back on a normal track and is at a new stage of development. At the G20 Osaka summit in June, both countries’ leaders agreed to open up a “New Era of Japan and China.” Additionally, there are a great deal of high-level and other dialogues currently taking place that we fully expect to continue. This new era of relations is creating fantastic opportunities.
China: The world’s market | China’s population currently stands at nearly 1.4 billion people. The country remains a huge market for investors and businesses
Foreign investors are upbeat regarding Thailand’s economic outlook. With a desire to improve the country’s competitiveness, the Thai government’s planned megaprojects and Industry 4.0 (technology in industry) initiatives are creating new investment-driven business opportunities. For Japanese investors, the Thai economy is showing promising growth prospects. “The Thai economy has been expanding at around three to four percent,” said Pakorn Peetathawatchai, president of the Stock Exchange of Thailand (SET).
After establishing a peace treaty and diplomatic relations on 28th April, 1952, the relationship between Japan and India has grown immensely. The number of Japanese companies operating locally has grown from approximately 900 in 2012 to around 1500 in 2019.
Leaders share their insights with Synergy Media Specialists on the strengthening of relations between India and Japan: “Under Special Strategic and Global Partnership, anchored on the shared values including democracy, freedom and the rule of law, Japan and India are cooperating on many fronts.”
As a reflection of investor confidence, the US News and World Report named the Philippines as the “Best Country to Invest In” in its 2018 Best Countries report, outranking Indonesia, Poland, Malaysia and Singapore. Moody’s and Standard & Poor’s upgraded our credit rating outlook from “stable” to “positive” in April 2018 due to improvements in policy- making while Fitch upgraded our Long-Term Foreign-Currency Issuer Default Rating from BBB-, the minimum investment grade, to BBB in December 2017, which it affirmed in July 2018.
One year ago today saw Tun Dr. Mahathir bin Mohamad reinstated as Prime Minister of Malaysia. The Malaysian government is implementing policies to drive economic growth and encouraging investors to look at the country with a renewed sense of confidence. Over the past twelve months, Malaysia has undergone a period of increased stability and economic growth through the government’s efforts to work more closely with regional partners, including Japan.
Singapore’s Ambassador to Japan Lui Tuck Yew shares some insights with Synergy Media Specialists on the current state Japan-Singapore relations.
Singapore and Japan have teamed up with initiatives such as the Japan Singapore Partnership Program for the 21st Century (JSPP 21) to facilitate ASEAN integration and provide technical cooperation to third countries. How has the Singapore-Japan relationship contributed thus far and are there any special plans in motion as 2020 approaches?
Vietnam’s unprecedented economic growth has captured the world’s attention Foreign direct investment (FDI) reached $19.1 billion in 2018 — a 9.1 percent increase compared with the previous year. With a stable political landscape, gross domestic product growth of 6.8 percent and strong export figures, investor confidence in the Southeast Asian country is stronger than ever. With $8.6 billion worth of FDI approvals in Vietnam last year, Japan is the largest investor in the country. Bilateral relationships between the two countries are also at an all-time high.
This year saw the International Monetary Fund rank Qatar as the world’s richest country based on gross domestic product per capita. According to the World Economic Forum’s Global Competitiveness Report 2017–2018, Qatar ranks as the 25th most competitive economy in the world and the country is continuing to develop its ties to Japan.
In 2008, during the reign of His Highness Sheikh Hamad bin Khalifa Al Thani, the Father Amir, the Qatar National Vision (QNV) 2030 was launched to lead Qatar into the future.
This year marks the 100th anniversary since the birth of Sheikh Zayed bin Sultan Al Nahyan, the revered former ruler of the United Arab Emirates. Year of Zayed celebrations are being held in recognition of Sheikh Zayed’s visionary nation-building achievements and strong values based on wisdom, respect, sustainability and human development, which have shaped the UAE and its citizens. Under Sheikh Zayed’s leadership, the UAE, with its diverse, cosmopolitan society, has become an international business and travel hub within the Middle East.
As Chair of this year’s 33rd Association of Southeast Asian Nations (ASEAN) Summit, Singapore is forging partnerships and creating a resilient and innovation-driven economic region. “We will continue to focus on an agenda aimed at fostering ASEAN unity and centrality through the theme ‘resilience’ and enhancing regional economic integration through ‘innovation,’” said Chee Wee Kiong, Permanent Secretary, Singapore Ministry of Foreign Affairs. “Japan and Singapore have over the years established cooperative ties...
President Tsai Ing-wen’s administration has placed high priority on transforming Taiwan’s economy.
The government aims to drive growth through five major advanced industries — green energy, smart machinery, biotechnology and pharmaceuticals, defense and the development of an Asian Silicon Valley.
The latter involves the development of solutions driven by the “internet of things” and artificial intelligence, and will support technology start-ups.
The Japanese government’s efforts to facilitate cultural exchanges with Hong Kong have resulted in programs offered to students interested in studying and immersing themselves in Japanese society.
The Japan Hong Kong Society helps to promote mutual understanding and friendship between Hong Kong and Japan through cultural cooperation.
Through strong leadership and the establishment of real economic drivers, the Philippines has transformed itself into a leading Southeast Asian investment destination.
Despite impressive economic growth, there are ‘growing pains’ for the country to address and infrastructure acceleration is high on the government’s ten point Socioeconomic Agenda.
Since Japan and Indonesia established bilateral relations in 1958, much has been achieved. Trust, investment and a spirit of partnership have enabled the relationship to grow beyond economic and political ties and encompass friendship and social responsibility. Over the last decade, Japan has become one of Indonesia’s top export destinations.