Factum Global’s Post

Japan's economy is likely to continue recovering moderately for the time being, supported by factors such as the materialization of pent-up demand, although it is expected to be under downward pressure stemming from a slowdown in the pace of recovery in overseas economies. According to a report from EY, recovery of the inbound market exploded in March, and we can have an optimistic outlook about future recovery with the Chinese market’s rebound. The short term rental market has grown thanks to the increased prevalence of digital nomads and remote work, however this growth has come with issues that are becoming increasingly apparent. Japan’s tourism industry is expected to take the lead in building on the efforts observed in Europe, such as implementing remanufactured products, and thereby spearhead the country’s ongoing transition to a circular economy. Thereafter, as a virtuous cycle from income to spending gradually intensified , Japan's economy is projected to continue growing at a pace above its potential growth rate.

Singapore was named the world's most competitive market this year after climbing three places from the fourth spot in 2023, according to the latest IMD World Competitiveness Ranking. The Lion City dethroned Denmark from the No. 1 spot, taking back the title that it last held in 2020 as the city-state made big improvements in governance, business environment and infrastructure. Its economic performance remained unchanged from last year. Specifically, Singapore ranked second in both international trade and international investment, while it continued to score highly in the domestic economy category. Its performance in employment and prices, meanwhile, slipped. IMD said uncertainties in its external environment and resource constraints are among the top concerns of the country this year. On the flip side, it said the tech-savvy nation can take advantage of the opportunities emerging in new technologies like AI. Singapore’s financial hub rival, Hong Kong, climbed two spots and placed fifth in this year’s rankings, while Taiwan (8th) was the only other Asian country to make it to the top 10. Economic powerhouses USA and China ranked 12th and 14th, respectively. --- I'm Jolysse Wu 😊, let's enjoy our retirement and not retired from our enjoyment. #singapore

Moving the highlight back to Asia Pacific .. Business vs IT innovation ..... While the past few years have proved a difficult economic environment for some businesses and regions around the world, one region has remained particularly resilient, Asia Pacific. In fact, research suggests that the region will contribute up to 60% of the world's GDP growth in 2024 – with businesses using opportunities presented by this to expand into the region. However, in his latest blog, our head of Asia Pacific, Eric Wong, discusses the key considerations businesses must take into account when locating to the region and why strong connectivity solutions must be the key to success. Make sure to check it out here: https://lnkd.in/gRUgaauC and stay up to date with all of our latest blogs here: https://lnkd.in/gqTnkWiw #APAC #GlobalGrowth #Connectivity #expereo #enhancedinternet

Introducing Japan’s 50 Richest written by Forbes The return of tourists following the post-pandemic reopening of its borders and a consumption rebound helped to revive Japan’s economy in the first quarter of 2023. A buoyant stock market—the benchmark index was up 11% since we last measured fortunes—contributed to a double-digit rise in the combined wealth of Japan’s 50 richest to $192 billion. FULL LIST: https://trib.al/mnMPzTf

Market Japan – Japanese companies see India as the most favorable overseas investment destination. A survey conducted by the JBIC (Japan Bank for International Corporation, which the Government owns) asked companies regarding their most promising investment destination in the next three years. 534 companies replied, and the results were as follows: No. 1: India at 48.6% No. 2: Vietnam at 30.1% No. 3: China at 28.4% No. 4: USA at 27.1% No. 5: Indonesia at 24.6% No. 6: Thailand at 21.5% No. 7: Mexico at 10.6% No. 8: Philippines at 8.9% No. 9: Malaysia at 6.6% No.10: Germany at 5.3% India maintained the top spot for the second consecutive year. China dropped to third place, and the percentage for China represents the lowest since the start of the survey in 1989. On a personal note: Japanese companies invest globally in manufacturing infrastructure to be closer to their target markets or to differentiate their supply chain structure for safety and improvements in the cost structure. It opens opportunities for foreign companies interested in purchasing from or selling components to Japanese manufacturers at the same time. Source & Credit: NHK, Japan Bank for International Corporation Like – Comment – Repost - Follow for more. If you are interested in getting started in Japan or You want to improve your performance in Japan, Contact us at welcome@japanolution.com We are excited to hear from you. #japan #japanbusiness #sales #businessdevelopment #ceo #coo

🌏 Unlocking Growth in Southeast Asia: Why Malaysia? 🚀 👋 Exploring new horizons for your business? Let's talk about why Malaysia should be on your radar for growth opportunities in Southeast Asia! 🇲🇾 📈 Key Growth Markets: Malaysia continues to shine with robust economic growth. In 2023, the GDP growth soared to an impressive 6.2% (source: The World Bank), solidifying its position as a hotbed for business expansion. 🚀 🌐 Strategic Location: Situated at the heart of Southeast Asia, Malaysia is a perfect launchpad for businesses looking to tap into the dynamic markets of the region. It's not just a country; it's your gateway to a vast market of over 650 million people! 💼 💡 Diverse Economy: One of the most interesting things about Malaysia? Its diverse economy! From manufacturing to tech, there's room for everyone. Plus, the government's commitment to innovation and digital transformation is turning heads globally. 🌐💻 🌿 Green Opportunities: Sustainability is not just a buzzword here. Malaysia is making significant strides in green initiatives. The palm oil industry is evolving, and renewable energy projects are booming. It's not just business; it's responsible business. (Tip: Our resident sustainability pro Whitney Buchmann is primed to help you incorporate sustainability measures into your business strategy. Contact us for a meeting!) 🌱🌏 🤝 Business-Friendly Policies: The Malaysian government is all in for business. With investor-friendly policies, ease of doing business, and a skilled workforce, they've created an environment where your business can thrive. 📈💼 🌟 Opportunities Galore: Whether you're into tech, manufacturing, or services, Malaysia offers a diverse range of opportunities. Check out the digital economy and e-commerce scene – it's exploding! 🚀💻 Factum Global Asia's Aseem Goyal is ready to make your southeast Asian goals a reality. DM Aseem or contact us for a meeting. 🌍 Your Growth Story Starts Here: So, why Malaysia? Because it's not just a country; it's a strategic move for your business. Explore, expand, and embrace the opportunities that Malaysia has to offer. 🚀 Ready to make your mark? Let's chat about your Southeast Asia journey! Drop a comment or send us a message. Let's turn those growth plans into reality! 🌟📈 #BusinessExpansion #MalaysiaGrowth #SoutheastAsiaOpportunities #InnovationHub #SustainableBusiness #GlobalBusiness #MarketEntry #DigitalTransformation

Market Japan – PART 2 - THE COMPLETE SURVEY RANKING due to additional request. Japanese companies see India as the most favorable overseas investment destination. A survey conducted by the JBIC (Japan Bank for International Corporation, which the Government owns) asked companies regarding their most promising investment destination in the next three years. 534 companies replied, and the results were as follows: No. 1: India at 48.6% No. 2: Vietnam at 30.1% No. 3: China at 28.4% No. 4: USA at 27.1% No. 5: Indonesia at 24.6% No. 6: Thailand at 21.5% No. 7: Mexico at 10.6% No. 8: Philippines at 8.9% No. 9: Malaysia at 6.6% No.10: Germany at 5.3% No.11: Taiwan at 4.3% No.11: Korea at 4.3% No.11: Brazil 4.3% No.12: Australia at 3.3% No.13: Bangladesh at 2.8% No.14: UK at 1.8% No.14: France at 1.8% No.14: Spain at 1.8% No.15: Turkey at 1.5% No.15: Cambodia at 1.5% No.15: Canada at 1.5% No.15: United Arab Emirates at 1.5% No.15: Myanmar at 1.5% No.15: Netherlands at 1.5% India maintained the top spot for the second consecutive year. China dropped to third place, and the percentage for China represents the lowest since the start of the survey in 1989. On a personal note: Japanese companies invest globally in manufacturing infrastructure to be closer to their target markets or to differentiate their supply chain structure for safety and improvements in the cost structure. It opens opportunities for foreign companies interested in purchasing from or selling components to Japanese manufacturers at the same time. Source & Credit: NHK, Japan Bank for International Corporation Like – Comment – Repost - Follow for more. If you are interested in getting started in Japan or You want to improve your performance in Japan, Contact us at welcome@japanolution.com We are excited to hear from you. #japan #japanbusiness #sales #businessdevelopment #ceo #coo

What's New to The Street... Japan slips in global rankings, now the fourth-largest economy. 📉 Despite a surge in tourism spending, sluggishness in domestic consumption and capital investment dampens growth.  #japaneconomy #globalrankings #businessnews #business #news #newtothestreet

A thought-provoking statement from ASEAN to Japan - "Speed up or lose out" - may seem ironic, but it's worth considering as we navigate through an especially complicated election year. With 679 million people and a combined GDP over $3.6 trillion, ASEAN boasts the world's fifth-largest economy and continues to grow at a rapid pace, attracting the attention of regional and global players. The potential for American businesses to engage in every sector in ASEAN is limitless, but it cannot be taken for granted. As we all know, business doesn't wait - we need to continue to compete. Let's seize the opportunity and work towards achieving greater economic engagement in ASEAN for the next several decades.

According to The Associated Press, Japan's economic sentiment has been on the rise for six consecutive quarters, marking the most optimistic outlook in almost three decades. Various factors such as increased tourism, supply chain recovery, and a weaker yen have contributed to this positive trend. Analysts remain optimistic for Japan's economic growth in the upcoming year. Do you anticipate a positive trajectory for Japan's economy in 2024? #japaneconomy #globaleconomy