Asia-Pacific

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

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).
AirTrunk

AirTrunk Unveils Tokyo Data Center, Set To Be Largest In Japan

Australian AirTrunk has established its first data center in Japan; the sprawling Tokyo complex will become the country's largest data campus.
SKC

SK Group Subsidiary SKC To Build Semiconductor Facility In Georgia

The South Korean conglomerate's new Covington, GA, facility is aimed at easing existing supply chain impediments.
2021 Global Rankings

17th Annual Rankings: 2021 Global Rankings Report

San Francisco, New York and Tel Aviv have the best Startup Ecosystems in Business Facilities’ 2021 Global Rankings Report.
Shinhung

Shinhung Global USA To Expand Operations In Tennessee

South Korean-based logistics company Shinhung Global USA to invest $10 million in new Clarksville facility, creating more than 80 new jobs.

San Francisco, New York, Tel Aviv Top Startup Ecosystems

UK remains global leader in Offshore Wind Power, China is tops in Renewable Energy in Business Facilities' 2021 Global Rankings Report.
Global Supply Chain

Rethinking The Global Supply Chain

The massive disruptions of the global supply chain that occurred in 2020 during the pandemic have increased momentum for the reshoring of manufacturing jobs to the United States, primarily from China.
Global Rankings China

U.S. Outduels China In Artificial Intelligence, Startups And GDP

The United States is outdueling China in a tight competition for global economic hegemony in Business Facilities' 16th Annual Rankings Report.
Changzhou National Hi-Tech District

Chinese Hi-Tech District Donates 100,000 Masks To Japan, South Korea

Changzhou National Hi-Tech District recently donated 100,000 masks to Japan and South Korea to help the countries control the COVID-19 pandemic.
COVID-19

COVID-19 Survey: Impacts On Global Supply Chains

Nearly 75 percent of companies report supply chain disruptions in some capacity due to COVID-19 transportation restrictions, according to a new survey.
COVID-19

Sinopec Builds New Factory To Help Combat COVID-19 In 12 Days

To help provide masks needed to battle the COVID-19 outbreak, Sinopec has established its first melt-blown non-woven fabric assembly line at its Yanshan factory in Beijing.
demographic shifts

Demographic Shifts Will Impact The Global Workplace By 2030

New opportunities, challenges arise for global cities as 693 million boomers reach retirement age and 1.3 billion Gen Z enter workforce, according to Cushman & Wakefield study.
Indonesia Hyundai

Hyundai Investing $1.55B In First Indonesian Manufacturing Plant

Hyundai Motor will build the vehicle manufacturing plant in Kota Deltamas, east of Jakarta, creating more than 23,000 new direct and indirect jobs in the region.
Changzhou National Hi-Tech District

LANXESS Kicks Off Production In Changzhou

The high-performance materials facility is the global specialty chemicals producer’s fourth factory in China's Changzhou National Hi-Tech District.
Israel Tel Aviv AI Ranking

Israel A Rising Star In Artificial Intelligence

Israel has emerged as a leading player in Artificial Intelligence and Tel Aviv has been named as an Emerging AI Hub in Business Facilities' 15th Annual Rankings Report.

Business Facilities’ 2019 Global Rankings Report

Business Facilities' 2019 Global Rankings Report measures international locations’ progress on a range of factors, including artificial intelligence, renewable energy, economic growth potential, global competitiveness, and beyond.

Rankings & Awards

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.
2022 Metro Rankings

Business Facilities’ 2022 Metro Rankings Report

Metro areas and cities of all sizes are recognized for attracting and retaining businesses from numerous industry sectors in Business Facilities' 2022 Metro Rankings Report.

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Business Facilities Featured Location Spotlight

Location Spotlight: Hoosier Energy

The Hoosier Energy Power Network’s Economic Development team is dedicated to providing valuable site selection information and assistance to companies considering a relocation or expansion in Indiana or Illinois.

Business Facilities Featured Location Videos

[VIDEO] Made Possible in Lehigh Valley

The region has been recognized as one of the fastest-growing economies in the nation and is just a short drive away from major mid-Atlantic cities including New York City, Philadelphia, Baltimore, and Washington D.C.