Supply Chain Network Design Tractus Global January 8, 2024 A supply chain network design is a working model for a supply chain framework. It helps businesses to estimate the costs and resources required to create a product or service in a specific market. Having a supply chain network design can also help a business identify potential risks and inefficiencies in a supply chain. Additionally,… Read More
China’s Pet Economy Shows Great Potential with New Consumption Trends Tractus Global January 4, 2024 In recent years, China’s social demographic structure has changed significantly with increasing population aging. Many elders live alone without children by their sides. Meanwhile, the number of marriage registrations in China has declined year by year since 2013, and the single rate among young generations in China is rising accordingly. These social changes have promoted… Read More
Navigating Environmental Compliance Across Southeast Asia Tractus Global December 20, 2023 Environmental regulations are improving in countries across Southeast Asia as governments seek to reduce the environmental impact of continued industrialization, urbanization, and population growth on air and water quality. Investors must anticipate regulations and consider them in the context of their investment strategies to ensure that future operations will be compliant within the chosen countries… Read More
Digital Evolution in Singapore’s Aerospace Landscape: Transforming MRO Logistics Tractus Global December 19, 2023 By 2025, the implementation of predictive maintenance is expected to result in a noteworthy reduction in expenditures, ranging from 10% to 40%, coupled with an improvement in equipment longevity by 3% to 5%. Additionally, a substantial 50% reduction in equipment downtime is projected, according to a report by McKinsey & Company. The economic impact of predictive… Read More
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