Asia-Pacific

Articles related to area economic development, corporate relocation, company expansion and site selection news throughout the Asia-Pacific region.



Industrial Net Zero

20 Industrial Clusters From 10 Countries Commit To Net Zero

Industry leaders from China, France, and the U.S. join World Economic Forum initiative for a decarbonized, more competitive global supply chain.
global trade

Global Trade: 5 Emerging Dynamics Will Shape The Next Decade

The world trade map is being redrawn as global growth slows and regional links deepen, according to a new BCG report.
VinFast

Vietnamese Electric-Vehicle Manufacturer Enters MOU With India

VinFast, a Vietnamese electric-vehicle manufacturer, has partnered with the Indian state of Tamil Nadu to establish an EV facility in country.
Hyundai Motor Group Innovation Center Singapore, IONIQ 5 robotaxi

Motional IONIQ 5 Robotaxi To Be Built In Singapore

The all-electric IONIQ 5 robotaxi, to be deployed in the U.S. starting next year, will be manufactured at the Hyundai Motor Group Innovation Center Singapore (HMGICS). 
OnSolve India

OnSolve Launches New Technology Office In India

Critical event management company OnSolve is deepening its commitment to innovation and creating 100 jobs in Bengaluru, accelerating the advancement of its OnSolve Platform.
2023 Global Rankings

19th Annual Rankings: 2023 Global Rankings Report

Once again, the U.S. ranks as the top destination for foreign direct investment, followed by China and Canada, in the 2023 Global Rankings Report.
Global Rankings

19th Annual Global Rankings Report: Standout Locations For Site Selectors

Foreign direct investment, renewable energy, and global smart cities 
are included in this year’s global rankings.
Reshoring & Rebuilding Supply Chains

The Last Word: The Reshoring Movement Is In Full Stride

Manufacturers should consider five factors if moving from a China or other offshore location, advises Rosemary Coates, Executive Director of the Reshoring Institute.
Reducing Carbon Emissions

Building Performance Standards Are Key To Reducing Carbon Emissions

The American Council for an Energy Efficient Economy (ACEEE) looks at the expanding role of building performance standards as a key strategy to reduce emissions from existing buildings.

Transforming Fukushima, Japan Into A “Region Of Recovery”

12 years after the Great East Japan Earthquake, new video from the Fukushima Prefecture, "Fukushima Now," highlights reconstruction progress.
SK bioscience Korea

SK bioscience Plans $261M Vaccine, Biopharm Center

Created to fight new infectious diseases, the Songdo Global Research & Process Development Center will house vaccine and biopharmaceutical activities ranging from basic research to commercial manufacturing.
Shanghai China

China: 3 New Laws That Will Impact Foreign Businesses

Companies considering China expansion should be aware of legal changes that may impact their growth plans, according to INS Global.
climate

New Report: Climate-Related Issues Impacting CRE In 2023

The ULI Global Sustainability Outlook 2023 report from ULI and Ferguson Partners identifies five key issues expected to impact CRE decisions this year.
Invest in Georgia

Georgia: Premier Destination For East-West Trade And Investment

At the crossroads of Europe and Asia, the nation of Georgia offers businesses strategic location, educated workforce, and energy resources.
Commercial Real Estate diversity equity inclusion

Commercial Real Estate Is Expanding DEI Initiatives

CRE companies are expanding diversity, equity, and inclusion efforts, according to The Global Real Estate DEI Survey 2022, which reports North American non-binary demographics for the first time.
2022 Global Rankings

18th Annual Rankings: 2022 Global Rankings Report

The U.S. and China earned the top two spots for Foreign Direct Investment (Worldwide) in Business Facilities’ 2022 Global Rankings Report.
Life Sciences Hubs

United States, China, Canada Top New Worldwide FDI Rankings

The U.S. tops worldwide foreign direct investment leaderboard, Boston is first for Life Sciences Hubs, and NYC leads Financial Centers in Business Facilities' 2022 Global Rankings Report.
OpenBlue Innovation Centers

Johnson Controls, Accenture Launch OpenBlue Innovation Centers

In India, two new Johnson Controls OpenBlue Innovation Centers will seed further development of AI-enabled building control system products and services.
solar PV

IEA Report Takes Look At Solar PV Global Supply Chains

China's focus on solar panel production has spurred market growth while leading to significant imbalances in global supply chains, according the special report from the International Energy Agency.
Changwon South Korea

Changwon, South Korea LG Smart Park Named WEF Lighthouse Factory

LG Smart Park in Changwon, South Korea has been selected as a Lighthouse Factory by the World Economic Forum (WEF).
tax credits

Listen Now: Living And Learning In Lubbock, Texas, With John Osborne, CEO, Lubbock EDA

Lubbock EDA CEO John Osborne discusses business climate and downtown revitalization in the Business Facilities Podcast.
Economic Development Awards

Enter The 2024 EDO Awards! Deadline Extended To March 21

Submit your story to Business Facilities' editors for consideration in the 2024 Economic Development Organization Awards.
2023 Deals Of The Year

2023 Deals Of The Year

Entries for Deal of the Year awards spanned industries, investment types, and winning strategies. Here are the stories of this year’s picks.

[VIDEO] Camp Hall – A Next Generation Commerce Park in South Carolina

Camp Hall is a first-of-its-kind, master-planned industrial work space located in Charleston, S.C. As a convergence of people, place and programming, Camp Hall delivers thoughtful infrastructure and logistical features that empower people — and business — to thrive.

Location Spotlight: Ohio Electric Cooperatives

Ohio consistently ranks as one of the top U.S. destinations for new corporate facilities, meaning prime sites are quickly snapped up. Economic development officials and private developers are working cooperatively to ensure the pipeline of immediately-developable sites stays full with diverse location opportunities.