China unleashes welcome wave of market-friendly stimulus – Asia Times

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The Chinese Communist Party (CCP ) Central Committee’s Politburo has called for powerful measures, including limiting the home supply and cutting mortgage rates, to end the free fall of home prices and meet the country’s 5 % annual economic growth target.

According to Beijing’s positive signs on the property industry, shares of the Hong Kong-listed Chinese builders rose on Thursday. &nbsp, Longfor Group gained 28.3 % to HK$ 11.78 ( US$ 1.51 ) while Sunac China Holdings was up 26.89 %. China Vanke Co Ltd surged 22.7 % to HK$ 5.73 while China Overseas Land &amp, Investment rose 15.7 % to HK$ 14.32.

The property stock rally boosted the broad Hang Seng Index, which closed up 4.2 % to 19, 924 points on Thursday, the highest in 15 months. The Shanghai Composite Index ended up 3.6 % at 3, 000 points. &nbsp,

Although the Chinese economy has been frequently steady this year, it is still necessary to take a comprehensive, achievement, and serene view of the current economic situation, face the challenges firmly, and maintain confidence, according to the Politburo meeting held on Thursday. &nbsp,

The meeting’s readout said the country if properly utilize existing policies, step up efforts to roll out progressive policies, make policy measures more focused and efficient, and strive to accomplish the targets and tasks for this year’s economic and social development.

” We should strengthen the counter-cyclical adjustment of our fiscal and monetary policies, ensure necessary fiscal expenditures, and do a good job in the’ three guarantees” ( people’s access to compulsory education, basic medical services and safe housing ) at the grassroots level,” the meeting said”. We may stop the property price reduction. ” &nbsp,

It recommended that the People’s Bank of China ( PBoC ) reduce reserve requirement ratios ( RRRs ), implement significant interest rate reductions, and add more property developers to the” White List” to make it easier for them to borrow from banks.

Additionally, it recommended that regional governments striktly regulate the number of newly constructed residential properties, reduce inventories of real estate, improve the quality of existing homes, and buy unused land from developers for fair prices.

Additionally, the meeting asked local governments to tweak their land, governmental, and economic policies to support property markets.

The PBoC announced its plans to lower borrowing costs and increase lending on Tuesday following the US Federal Reserve’s reduction of its key lending rate, which was 0.5 % to 4.7 % to 5 % on September 18. &nbsp,

Initially, the PBoC lowered RRRs by 50 basis points so that banks could provide an additional 1 trillion yuan ($ 143 billion ) of loans to borrowers. The 7-day reverse mortgage rate, which was cut to 1.7 % in July, was also reduced, but it was also lowered by 10 base points to 1.85 %. &nbsp,

There will be another Clo cut later this month, according to PBoC Governor Pan Gongsheng. He even signaled a 0.2-0.25 % cut in the prime loan rate but did not provide more information. &nbsp,

In a press presentation on September 5, Zhou Lan, the head of the PBoC’s economic policy office, stated that there are still some restrictions on cutting interest rates.

Some economists claim that the PBoC has little space to lower costs because China’s 10-year US Treasury relationship generates are also higher than China’s, which has resulted in significant cash flows from China over the past two years. &nbsp,

Long-term desire

According to the National Bureau of Statistics ( NBS ), prices of new homes in first-tier cities&nbsp, fell&nbsp, 4.2 % year-on-year in August. Home prices in Beijing, Guangzhou and Shenzhen declined 3.6 %, 10.1 % and 8.2 %, respectively, while those in Shanghai rose 4.9 %. &nbsp,

Among the 70 important Chinese cities, Shanghai and Xi’an were the only two places that saw a year-on-year boost in house prices last quarter. &nbsp,

In an article published on Tuesday, a Chinese house columnist who uses the name” Uncle Pang” claimed that house prices in the Tianhe city of Guangzhou have dropped 28 % from 65, 000 renminbi to 47, 000 renminbi per square metre over the past year.

He claimed that over the same time span, house prices in the Huangpu district of Guangzhou have decreased by 27 % from 30 000 to 22 000 renminbi per square metre. &nbsp,

He claimed that some home investors had previously assumed that home prices at desirable locations in premium cities would rise after a tiny correction. He claimed that it has not occurred because the years-long adjustment has previously given rise to a long-term marketplace expectation that prices will continue to decline. &nbsp,

Because the property markets in the Guangzhou capital city are very fanciful, he added that Guangzhou’s house prices are falling more than those in Beijing and Shenzhen. &nbsp,

After the PBoC slashed the one-year loan prime rate ( LPR ) by 10 basis points to 3.35 % on July 22, some state-owned banks in Guangzhou started offering mortgage rates as low as 3.1 %, Nanfang Daily reported. China Resources Bank officially began offering mortgage rates of 2.89 % in the late summer of this year. &nbsp,

” Except in top-tier places, there are generally no house restrictions in China today, but home prices also keep falling. Why? The only explanation is that individuals do not have funds to provide the markets,” a Guangdong-based author said in a new article.

” Some people have benefits but their money is declining, especially the younger labor, “he said”. Young people are frequently hit with pay cuts and poverty.

He claimed that homeowners pushed back on their plans to purchase bigger homes because they did n’t want to sell their current homes for low prices. He said traders have even adopted a wait-and-see method. &nbsp,

Read: China on the ears of a Fed price cut issue

Following Jeff Pao on X: &nbsp, @jeffpao3

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Don’t let Putin make the Ukraine war rules – Asia Times

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Volodymyr Zelensky, the president of Ukraine, arrived in the US on September 22 for a year of events, including a meeting with Vice President Kamala Harris and US President Joe Biden. Zellensky has stated that he will present his “plan for success” in the Ukraine war. &nbsp, &nbsp,

Will Washington give in to Zelensky’s desire to apply Western-provided missiles for strikes inside Russia is a distinct but crucial question. The US government has so far only vested its control over Ukraine’s ability to fire missiles from the Army Tactical Missile System ( ATACMS ), which can travel up to 190 miles, at Russian military installations. &nbsp,

The US also has the power to stop Ukraine from firing Storm Shadow boat weapons, made by a UK-French partnership, into Russia because they contain US-made parts. UK Prime Minister Keir Starmer has &nbsp, reportedly&nbsp, lobbied Biden to soften the limits.

Biden&nbsp, said&nbsp, on September 22 that he had never yet made a decision on the topic. He is hesitant to try to provoke Russian President Vladimir Putin into a direct issue with the US or its supporters in Europe. &nbsp,

On September 12, Putin repeatedly stoked this concern, &nbsp, saying&nbsp, on Russian Television that if Western countries let Ukraine apply their missiles to attack targets within Russia, “it would mean that NATO countries… are at war with Russia”, which he said do” change the very nature of the conflict”, a hint at using his nuclear weapons. &nbsp,

This is a statement that some non-Russian commentators agree with. For example, an op-ed&nbsp, published&nbsp, on September 14 in&nbsp, Asia Times&nbsp, ( and originally&nbsp, here ) by Stephen Bryen, a former senior US Defense Department official, &nbsp, echos and amplifies Putin. &nbsp,

Bryen contends that NATO is “declaring war” on Russia, which would equate to” World War II I” and that the US government “wants to launch missiles into Russia” because the Obama administration “knows that their Ukraine policy is a disaster.”

A more in-depth and balanced analysis is required. In liberal democratic nations, authoritarian leaders like Putin have unrepeated access to the free press. They use it to both threaten consequences and, over time, to weaken the capacity to resist, particularly among those supporting Ukraine under NATO and other democracies. &nbsp,

Putin has a reason to believe that the democratic partners who support Ukraine will eventually give in to his willpower and force him to agree to terms with a deal. He also has less to worry about at home thanks to draconian measures to punish criticism of Russian policy or military performance. &nbsp,

In fact, Russia’s Ukraine policy has clearly been a disaster, while US policy has been largely successful. With the addition of Sweden and Finland, NATO now has a much longer land border with Russia and is now larger than before Putin’s aggression. &nbsp, It is more unified and is spending much more on defense. &nbsp,

Russia has made a sizable contribution to the conflict, not just in the form of ships or human remains at the bottom of the Black Sea. It has lost access to technologies and markets, especially in Europe. &nbsp, Foreign purchases of Russian arms have tanked. &nbsp,

Even the wealthy elites close to Putin had their yachts and other foreign assets taken, but even the average Russian has had limited travel opportunities outside Russia and higher-priced goods at home in comparison to before. Many of the most educated individuals have left the country. Putin is wanted in connection with international law violations.

If Putin had any real understanding of what he was getting into, he would have undoubtedly not have launched the invasion in February 2022. A much smaller country has humiliated Russia, fighting it to almost a standstill, so it is in Putin’s interest to attribute his failure to a powerful alliance of alleged US “proxies” and “puppets” arrayed against Russia. He knows that’s a half-truth at best.

It’s difficult to imagine that President Biden, who is renowned for being cautious, will abruptly change his mind and start a third world war. If he grants Ukraine greater freedom to use weapons, it will undoubtedly have requirements that limit the use of force against crucial military targets. This is also in Ukraine’s interests since using a single ATACMS missile costs US$ 850, 000, while a Storm Shadow costs US$ 1 million.

Washington and its allies ‘ goals are to assist Ukraine in defending itself and avoiding a direct conflict with Russia, which is why there are so many complaints about Biden’s “excessive caution” being used as the focus. &nbsp,

However, the strategy has changed significantly since Korea in 1950 or Kuwait in 1991, when the US led the charge and its allies and its own forces engaged the enemy who had broken international law. Respect for sovereignty and territorial integrity is the foundation of the UN Charter’s anti-aggression principles. &nbsp,

Even China takes the official position that any settlement involving Ukraine should begin with this. China, however, should walk the walk in light of its own history as the victim of Japanese aggression. &nbsp, In 1933, the UN’s predecessor, the League of Nations, tried to invoke the theory of collective security and voted to condemn Japan. Tokyo’s response was to withdraw from the League and continue the aggression.

In the current situation, the UN General Assembly voted 141 to 5 to demand that Russia withdraw its troops from Ukraine. There were also 35 abstentions, including some very important Asian countries that did n’t want to take sides. The Russians simply ignored the vote, much like the Japanese in 1933. Moreover, they rattled the nuclear threat against anyone who might directly interfere.

Has Russia shown any sign of wanting a third world war? Puntin’s initial aggression was obviously wrong-headed, and this was made worse by his further investigation through Ukrainian territory’s formal annexations. &nbsp,

Putin, however, makes a conscious effort to steer clear of any kinetic contact with NATO forces and has resisted doing so repeatedly as he has been warned that using nuclear weapons could lead to Russian use. &nbsp, Examples include the US agreeing to Ukraine’s request for F-16s and defensive Patriot missiles. &nbsp,

Missile strikes in areas of Russia close to Ukraine would not have such a significant impact on the conflict as to give credence to Putin’s nuclear threat. The US already&nbsp, routinely provides&nbsp, Ukraine with military intelligence, including satellite data for targeting Russian forces or military infrastructure. &nbsp,

The Ukrainians have been using drones to attack targets inside Russia, often farther away than the ATACMS’s 190-mile range. And, most notably, Ukrainian forces recently occupied a small enclave in Russia, an incursion that galvanized a surprisingly weak Russian reaction.

Putin has buffed before about using nuclear weapons, but that does not indicate that he has no red lines. If he wants to protect his leadership over Russia, it is reasonable to assume that he might use tactical nukes. &nbsp,

But toppling him is neither a Ukrainian nor a NATO objective, and extending the limit of missile strikes to 190 miles from Ukrainian-held territory presents no new danger to Putin’s political position.

Instead, such missile attacks would force Russians to relocate significant military staging areas away from Ukraine. That is a step toward a negotiated settlement, but it is not a justification for a nuclear war.

Better assisting Ukraine will bring us closer to a just peace than accosting Putin’s bluffs. But this is not enough. A serious international diplomatic initiative based on close cooperation with Ukraine is also required. &nbsp,

As the actual belligerents, neither Kiev nor Moscow is in a position to convene such an initiative. A coalition of third parties, including but not limited to NATO, is needed. The purpose would be a settlement based on Ukraine’s pre-2014 territorial integrity, which Russia solemnly agreed to in 1994. &nbsp, &nbsp,

That rule would not prevent the various assurances regarding Russian access to ports and the treatment of ethnic Russians in Ukraine, for whom the Ukrainian Constitution already provides protection, from being taken into account. A peace agreement in which both Ukraine and Russia can declare that their goals have been accomplished should be possible.

This will require a lot of time, and Western powers may need to do even more in the way of physical engagement to create a conducive negotiating environment. However, democracies need to show that they are serious about achieving a peaceful settlement based on the established standards of the international system given the country’s propensity for long wars.

And that they are willing to take on both diplomatic and military leadership in this regard.

Charles Morrison is senior fellow and president emeritus, East-West Center, Denny Roy is senior fellow, East-West Center.

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Agritech startup, Qarbotech secures US.5mil in a seed extension round

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  • 500 Global, Better Bite Ventures, people, participated in this round
  • Money will be used to level activities in Malaysia, Indonesia, Thailand &amp, Vietnam

Left to Right: Chor Chee Hoe, CEO of Qarbotech, Prof Dr Suraya, founder and chief scientist of Qarbotech and Amirul Merican, COO of Qarbotech

Qarbotech Sdn Bhd, which claims to be a technology pioneer in photosynthesis enhancement through advanced carbon quantum dots, has announced its expansion across Southeast Asia, driven by US$ 1.5 million ( RM6.2 million ) in a seed round&nbsp, from investors, including 500 Global, Better Bite Ventures, ID Capital, EQT Foundation, and Epic Angels Limited.

Launched in 2018, the&nbsp, investment&nbsp, solidifies&nbsp, Qarbotech ‘s&nbsp, commitment to introducing its pioneering technology to new markets. It had earlier announced in Feb that it raised US$ 700, 000 in a plant square. The most recent statement is characterized as its grain expansion round. Data from Crunchbase&nbsp, shows Temasek Foundation among its owners, while Khazanah Nasional gave it a give and Petronas Future Tech gave aid with non-equity help.

The funding&nbsp, may allow it to range functions in areas such as Malaysia, Indonesia, Thailand, and Vietnam, where demand for innovative agricultural solutions is rising.

” We’re thrilled to embark on this new section of growth”, said Chor Chee Hoe, CEO of Qarbotech. ” Our solution, QarboGrow, is a milestone in plant science, using natural, biodegradable carbon quantum dots to dramatically improve light intake and increase crop yields by up to 60 %. This addresses issues with food safety and optimizes the use of fertilizers, thereby reducing the need for a lot of software that can cause dirt pollution and degradation.

As part of its development, Qarbotech is opening its second manufacturing center in Puchong, Malaysia, capable of producing 100, 000 gallons of QarboGrow regular. This facility represents a major step forward in meeting the country’s growing need for cutting-edge agricultural technology.

Amirul Merican, COO of Qarbotech, stated,” This purchase will help us to increase production and bring our branded alternatives to more farmers in the region, enabling them to make more with less economic impact.

The entrepreneur behind Qarbotech’s breakthrough technologies is Prof Dr Suraya Abdul Rashid, a leading nano scientist ranked among the nation’s top 2 % experts in 2022, 2023, and 2024. Her research supports the foundational knowledge of QarboGrow more, in line with the 2023 Nobel Prize in Chemistry for the finding of quantum dots.

” With over two decades of experience in nano, I am thrilled to discover classical lines finally achieving useful, large-scale influence in agriculture”, said Prof Dr Suraya, chairman and chief professor of Qarbotech and director of the Institute of Nanoscience and Nanotechnology, University Putra Malaysia. ” Our patented technology addresses the inconsistencies of photosynthesis using a scalable and sustainable approach, bypassing the need for genetic modifications, allowing us to directly address challenges in crop yield and climate resilience.”

Qarbotech’s innovations are already making an impact. A pilot project with PT Iceh Agro Indonesia in Indonesia that involved 400 hectares of rice fields increased yields by up to one tonne per hectare and significantly increased farmer incomes.

” Imagine the same farmer with the same land, labour, and workflow being able to produce up to 60 % more food. Qarbotech’s photosynthesis multiplier makes that possible. We are proud to provide additional financing to Qarbotech and believe their technology will be mission-critical for regions vulnerable to climate change”, said Khailee Ng, managing partner, 500 Global.

Michal Klar, founding partner at Better Bite Ventures, added,” Qarbotech embodies our commitment to supporting a more sustainable, climate-friendly food system through transformative technology, improving economic outcomes while lowering emissions. This innovative team and their effort to transform the world food system are a success, in our opinion.

The potential to increase crop yields across a range of climates and agricultural practices presents a significant market opportunity with over 500 million smallholder farmers worldwide.

” During our entrepreneurship competition in Southeast Asia, Qarbotech surprised us with their breakthrough in photosynthesis enhancement. Their innovation demonstrates that it is possible to increase farmers ‘ yields and economic outcomes while lowering carbon emissions. With EQT’s global expertise in agricultural investments, we aim to help Qarbotech overcome barriers to achieving scale”, said Cilia Holmes Indahl, CEO of EQT Foundation.

Beyond boosting productivity, QarboGrow’s unique carbon quantum dot technology promotes carbon sequestration by enabling plants to store more carbon dioxide, which results in lower greenhouse gas emissions. With each litre of product increasing carbon dioxide capture, QarboGrow’s global scaling could have a significant impact on efforts to combat climate change. This opens up the doors to carbon credits and offsets, which are becoming increasingly important in a world where emissions reduction is a top priority.

With far-reaching economic and environmental effects, Qarbotech’s technology is a breakthrough in agritech with increased yields and climate action.

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Brookfield raises .4bn for catalytic transition fund, names four new investors | FinanceAsia

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Brookfield Asset Management has closed $2.4 billion for its Catalytic Transition Fund (CTF), as it seeks to raise up to $5 billion for deployment towards clean energy and transition assets in emerging markets. These include funds from CDPQ, GIC, Prudential and Temasek.

CTF was previously launched at COP28 with up to $1 billion of catalytic capital provided by Alterra, the world’s largest private investment vehicle for climate finance based in the United Arab Emirates, with the purpose of mobilising investment at scale to finance a new climate economy.

Alterra’s fund commitment has been designed to receive a capped return, thereby improving risk-adjusted returns for other investors in the fund, according to a statement. 

Brookfield has committed to provide 10% of the fund’s target to align itself with investment partners and investors.

The partnership is designed to help drive clean energy investment into emerging markets, where investment needs to increase sixfold over current levels to reach the $1.6 trillion required annually by the early 2030s in line with global net zero targets.

CTF is focused on deploying capital into clean energy and transition assets in emerging markets in South and Central America, South and Southeast Asia, the Middle East, and Eastern Europe.

In Asia, FinanceAsia understands that target markets will include Vietnam, Thailand, Indonesia, Malaysia and the Philippines.

The fund expects to announce its initial investments later in 2024, and a traditional first close – with additional capital from Brookfield’s ongoing fundraising efforts through its extensive network of institutional investors – is expected by early 2025.

H.E Majid Al-Suwaidi, CEO of Alterra, said in a statement: “CTF demonstrates Alterra’s catalytic capital as a powerful multiplier of climate finance to the Global South. This early momentum around CTF shows strong global demand not just for climate strategies, but for opportunities to invest in climate solutions in emerging markets.”

Al-Suwaidi said: “Alterra looks forward to working with CDPQ, GIC, Prudential and Temasek and other partners who share our ambitions to redefine how the world invests in climate solutions and go beyond business-as-usual to deliver positive impact for both people and planet.”

Mark Carney, chair and head of transition investing at Brookfield Asset Management, said: “These anchor commitments from CDPQ, GIC, Prudential and Temasek demonstrate significant momentum for the CTF.”

Carney added: “The support from the world’s most sophisticated investors for the CTF strategy underscores the unique combination of the major commercial opportunity and the climate imperative. We look forward to working with other like-minded investment partners to accelerate the transition in these critical and vastly underserved markets.”

Marc-André Blanchard, executive vice-president and head of CDPQ global and global head of sustainability, said: “Globally, around $6.5 trillion will be needed yearly for the energy transition over the next 15 years. It’s a staggering figure, and various partnerships and investments are necessary to accelerate the path forward.”

Don Guo, chief investment officer, Prudential, said: “We believe there is an opportunity to drive scalable positive change in emerging markets through investing in the climate transition. Prudential’s investment in Brookfield’s CTF underscores our belief that responsible investment is not only an environmental imperative but also a significant opportunity for growth in emerging markets.”


¬ Haymarket Media Limited. All rights reserved.

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China unveils raft of stimulus measures to boost flagging economy

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The central bank of China has unveiled a significant deal of procedures designed to revive the nation’s sluggish economy.

Pan Gongsheng, the governor of the People’s Bank of China ( PBOC), announced plans to lower the cost of borrowing and increase bank lending.

The decision comes after a string of underwhelming statistics that have raised expectations that the second-largest economy will not reach its unique 5 % growth goal this year.

Stock industry in Asia jumped after Mr Pan’s statement.

Mr. Pan said the central bank would reduce the amount of cash banks have in reserve, known as reserve requirement ratios ( RRR ), at a opulent press conference alongside officials from two other financial regulators.

The RRR will initially be cut by half a percentage point, in a move expected to free up about 1 trillion yuan ($ 142bn, £106bn ).

Mr. Pan added that a new reduce might be made after in the year.

Cutting interest rates for existing debts and lowering the minimum down payment for all types of houses to 15 % are other measures taken to enhance China’s property market, which is currently experiencing a crisis.

Since 2021, the nation’s real estate sector has been experiencing a strong decline.

Numerous developers have died, leaving many homes empty and empty building projects.

The US Federal Reserve cut interest rates for the first time in more than four decades with a larger than usual cut, and the PBOC’s new economic stimulus measures come just weeks after that decision.

Big investment stocks in Shanghai and Hong Kong were more than 3 % higher during Asia day trading days.

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Aptos Foundation partners The Ignition AI Accelerator to drive advancement of AI startups in APAC

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  • Fixed to encourage APAC entrepreneurs to expand their horizons in artificial intelligence globally.
  • Aptos Foundation to provide solutions, support for AI companies in the throttle

Aptos Foundation partners The Ignition AI Accelerator to drive advancement of AI startups in APAC

Aptos Foundation has partnered with The Ignition AI Accelerator to promote the growth and development of AI startups in Asia, according to a joint initiative between NVIDIA, Tribe, and Digital Industry Singapore ( DISG). This expands the function of the Aptos Foundation to bring together its experience and Aptos-related technology to create artificial intelligence solutions that are anticipated to transform businesses and economies.

The Fire AI Accelerator is positioned to lead APAC’s second generation of high-potential AI innovators and founders who are pushing the boundaries of AI growth globally with the assistance of the Aptos Foundation’s funding and industry experience. Singapore is the most advanced nation in the world for AI, according to new IMF study, which reflects decades of aggressive investment in the country’s AI system and talent.

In the accelerator, the Aptos Foundation will offer resources and support to AI startups, opening doors to new technologies and allowing them to get international markets. It&nbsp, may utilize Microsoft’s OpenAI Service, which it hopes will remove barriers to implementation and create a clear way for the practical application of frontier technology. The business has important working ties with Overlai and Adot, two of AI’s top executives.

Ng Yi Ming, director, The Fire AI Accelerator, emphasised,” Onboarding Aptos Foundation as a professional companion marks a crucial milestone in Ignition AI Accelerator’s mission to power AI startups and generate synergies with world leaders in emerging technologies. We want to give AI businesses the tools they need to create applications that will determine the upcoming wave of technological advancements by utilizing resources and expertise. Collectively, we are committed to driving the development of the AI industry and nurturing a new era of AI companies”.

While the Aptos Foundation’s goal is to promote bitcoin accessibility and decentralization, the development of AI technologies is anticipated to put a new dimension to the world ecosystem, bringing emerging technologies to the masses.

We look forward to leading the charge in this revolutionary method of fostering innovation and entrepreneurship because AI has unmatched development potential. With this relationship, we aim to meet the international colleagues at The Fire AI Accelerator in catalysing the development of AI programs, ideas, products and services”, said Bashar Lazaar, mind of Grants &amp, Ecosystem of Aptos Foundation. Together, we will empower a new wave of AI tech founders and pioneers who will create the future in APAC with potential worldwide.

The Ignition AI Accelerator, launched in May 2024, is a global initiative based in Singapore that supports AI startups with business and technical acceleration, offering deep AI development expertise, cloud credits, and funding opportunities. Since its inception, it has collaborated with leading industry players to provide diverse emerging businesses with the necessary knowledge and expertise to grow their AI-focused businesses globally.

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How some preschools continue to serve healthy meals despite rising food costs

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Acting WITHIN NUTRITIONAL GUIDELINES

Among them is EtonHouse International, which has six main restaurants to provide to its 37 institutions across Singapore. &nbsp,
 
The Health Promotion Board’s nutrition recommendations for protein, fruits, and vegetables are included in the dishes prepared by the restaurants. &nbsp,
 
According to CEO Ng Yi-Xian of EtonHouse International Education Group,” we actually use at least 30 different vegetables forms in a restaurant that rotates after every month.” &nbsp,
 
” But from a child’s view, they only see one restaurant object once every month. Naturally, we regulate the glucose content of these foods and also monitor the carbohydrate content to adhere to the guidelines for healthy eating.
 
Mr. Ng added that food prices have increased by at least 10 % over the last few years.
 
The organization uses a dynamic sweet process to ensure that ingredients adhere to the necessary safety and quality standards for its suppliers. The change has enabled EtonHouse to provide cost-effective and nutritious foods.
 
Mr. Ng claimed that the business even conducts home inspections to make sure the children’s food preparation is secure. &nbsp,
 
” We have to make sure that our children have the right nutritional requirements if we want our children to grow up properly. So we do n’t skimp on that”, he said. &nbsp,
 
At another school, Sunny Bunny Montessori, mind make Lim Choon Huay prepares its foods on-site. She regulates the food’s salt and sugar content. &nbsp,
 
The college claimed that utilizing skilled cooks would help ensure that the children received the nutrients they needed.
 
To avoid paying shipping fees, daycare staff members have to go to wet markets every week to get annual fruits. &nbsp,
 
Ms Elizabeth View, a professor at the school, said the cost of food products such as egg, produce and meat, has risen by 10 to 20 per share due to inflation. &nbsp,
 
” We do not sacrifice on the nutritional value of the food that we serve to the children, but we do find suppliers who adhere to our standards for food, both in terms of the beauty and the value,” said one supplier.
 
Additionally, the school offers lessons that encourage healthy eating habits among young children.

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Forum promotes investment in Indonesia

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According to a community member, Indonesian and Thai companies you gain more from investing in the manufacturing supply network industries.

The Indonesian Embassy and the Indonesian Investment Ministry’s” Business Forum 2024: Purchase Options in Manufacturing Supply Chain Industries of Indonesia” were just held by the Indonesian Embassy and the Indonesian Investment Coordinating Board to entice Thai buyers, particularly in the fuel and metal areas.

Fuad Adriansyah, the Indonesian Embassy’s Deputy Chief of Mission, said the manufacturing sector is the largest contributor to the gross domestic product ( GDP ) of the Association of Southeast Asian Nations.

It generated US$ 760 billion ( about 25.3 billion baht ), accounting for 21 % of the Asean total GDP in 2022.

For Indonesia, he said the state has been enriched with abundant natural resources, particularly in coals and materials.

” Minerals such as copper, tin, ore and copper have fuelled many production companies, especially in the fields like electrics and electronics, automotive and the new market of electronic vehicles”, he added.

The Indonesian authorities has also encouraged funding in the supply chain industry, particularly since the government has shifted away from primarily exporting natural materials as a result of the ban on exporting ore in 2023 and nickel in 2020.

” While the transition has created some challenges, it still creates the opportunities for investors to build supply chain industries ]in Indonesia ] supported by an abundance of, comparatively, local labour and proximity of raw material sources”, he added.

He said Thailand is a crucial investment in Indonesia. From 2017–2022, Thai investors poured US$ 1.52 billion ( about 54.2 billion baht ) into about 1, 400 projects across Indonesia. In the first quarter of 2024, Thai funding worth reached US$ 225 million.

He claimed that the Thai firm industry has knowledge of developing the global supply chain, and that more than half of the country’s production is a part of the supply chain.

With Thailand’s quantitative benefits, Thai businesses can do better partnership and grow up with Indonesia, he said.

Thailand and Indonesia, as Asean members, both acknowledged the importance of enhancing economic integration across all Asean nations, according to Tanita Sirisup, executive director of the Foreign Investment Marketing Division of the Thailand Board of Investment ( BoI ).

With the mixed minimum GDP of the 10 Asean countries estimated at US$ 3. 6 trillion, she claimed that despite international confusion, Asean stood out as a promising location for international investment.

It is projected to reach US$ 4.5 trillion driven by the rising home use, export-oriented production and the younger workforce.

Asean nations had further strengthen economic integration, enhance sustainability and digitization, and increase trade and investment relations, she said.

Indonesia is one of Thailand’s most significant trade and investment lovers. With full investment applications worth US$ 230 million, primarily from projects in the air transport industry, it was ranked among the top ten investors in Thailand in the first quarter of this year.

For Thai funding in Indonesia, some Thai companies invest in power, metal mine, financial sectors and agriculture. She said there is still room for further investment.

It is crucial to concentrate on future growth engines that will promote sustainable development in both countries while both countries continue to strengthen their partnership.

She said the Thai government focuses on promoting investment in strategic industries including bio-based and renewable energies, smart electronics, new energy vehicles, digital and creative industries, and regional headquarters and international business centres.

Because both countries have a high potential for building a resilient supply chain through the use of their raw materials, natural resources, manpower, and available markets, she said,” Thailand and Indonesia can work together to achieve economic and industrial development goals.”

Thailand and Indonesia have the potential to collaborate with the manufacturing sector, which accounts for 34 % of Thailand’s GDP and contributes to exports, given the changing nature of the supply chain dynamics and growing need for resource security.

Indonesia can make use of Thailand’s strong supply chain in automotive, electronics, chemical and petrochemical, as well as agro-processing. Likewise, Thai companies can benefit from Indonesia’s rich natural, agricultural and fishery resources and large domestic market.

” Together, the countries can work to produce value-added products for Asean and the world. Moreover, areas such as renewable energy, digital transformation, and infrastructure development offer further opportunities for investment and collaboration.

Both countries are increasingly focusing on sustainable development, and there is a great opportunity for Thai businesses to invest in the country’s growing green economy, she continued.

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Investor baubles in Indonesia: forum

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In: South-East Asia

According to a community member, Indonesian and Thai companies you gain more from investing in the manufacturing supply network industries.

The Indonesian Embassy and the Indonesian Investment Ministry’s” Business Forum 2024: Purchase Options in Manufacturing Supply Chain Industries of Indonesia” were just held by the Indonesian Embassy and the Indonesian Investment Coordinating Board to entice Thai buyers, particularly in the fuel and metal areas.

Fuad Adriansyah, the Indonesian Embassy’s Deputy Chief of Mission, said the manufacturing sector is the largest contributor to the gross domestic product ( GDP ) of the Association of Southeast Asian Nations.

It generated US$ 760 billion ( about 25.3 billion baht ), accounting for 21 % of the Asean total GDP in 2022.

For Indonesia, he said the state has been enriched with abundant natural resources, particularly in coals and materials.

” Minerals such as copper, tin, ore and copper have fuelled many production companies, especially in the fields like electrics and electronics, automotive and the new market of electronic vehicles”, he added.

In contrast, the Indonesian government promoted funding in the supply chain sector because the government has shifted away from primarily exporting natural materials as a result of the restrictions on metal exports in 2020 and the metal export restrictions in 2023.

” While the transition has created some challenges, it still creates the opportunities for investors to build supply chain industries ]in Indonesia ] supported by an abundance of, comparatively, local labour and proximity of raw material sources”, he added.

He said Thailand is a key investor in Indonesia. From 2017–2022, Thai investors poured US$ 1.52 billion ( about 54.2 billion baht ) into about 1, 400 projects across Indonesia. In the first half of 2024, Thai investment value reached US$ 225 million.

He claimed that the Thai business sector has knowledge of developing the global supply chain, which accounts for more than half of Thailand’s production of supply chains.

With Thailand’s comparative advantages, Thai businesses can pursue better collaboration and grow together with Indonesia, he said.

As Asean members, Thailand and Indonesia, according to Tanita Sirisup, executive director of the Foreign Investment Marketing Division of the Thailand Board of Investment ( BoI ), recognized the importance of enhancing economic integration across all Asean nations.

With the 10 Asean countries ‘ combined nominal GDPs estimated at US$ 3. 6 trillion, she claimed Asean stood out as a promising location for foreign investment despite the uncertainty surrounding global trade.

It is projected to reach US$ 4.5 trillion driven by the rising domestic consumption, export-oriented manufacturing and the young workforce.

Asean nations must further deepen economic integration, advance sustainability and digitalisation, and expand trade and investment relations, she said.

Indonesia is one of Thailand’s most important trade and investment partners. With total investment applications worth US$ 230 million, primarily from projects in the air transport sector, it was ranked among Thailand’s top ten investors in the first half of this year.

For Thai investment in Indonesia, many Thai companies invest in energy, mineral mining, retail sectors and agriculture. She said there is still room for further investment.

It is crucial to concentrate on future growth engines that will promote sustainable development in both countries while both countries continue to strengthen their partnership.

She said the Thai government focuses on promoting investment in strategic industries including bio-based and renewable energies, smart electronics, new energy vehicles, digital and creative industries, and regional headquarters and international business centres.

Because both countries have high potential to create a resilient supply chain by utilizing their raw materials, natural resources, manpower, and available markets, Thailand and Indonesia can work together to achieve economic and industrial development goals, she said.

Thailand and Indonesia have the potential to collaborate with the manufacturing sector, which accounts for 34 % of Thailand’s GDP and contributes to exports, in light of the global shift in supply chain dynamics and the growing need for resource security.

Indonesia can make use of Thailand’s strong supply chain in automotive, electronics, chemical and petrochemical, as well as agro-processing. Likewise, Thai companies can benefit from Indonesia’s rich natural, agricultural and fishery resources and large domestic market.

” Together, the countries can work to produce value-added products for Asean and the world. Moreover, areas such as renewable energy, digital transformation, and infrastructure development offer further opportunities for investment and collaboration.

Both countries are putting more emphasis on sustainable development, and Thai businesses have a great opportunity to invest in the country’s growing green economy, she continued.

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