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Hong Kong ranked most international city in Asia, narrowly beating Singapore

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Hong Kong has been ranked as the most international city in Asia, narrowly beating out rival Singapore, in a new index released by a major business lobbying group. But the Hong Kong General Chamber of Commerce also warned that the city must address glaring weaknesses in innovation and talent to secure its future amid rising geopolitical risks. The inaugural “Asian Cities Internationality Index 2025”, released on Tuesday, ranked Hong Kong first with a score of 73.7, just two-tenths of a point ahead of Singapore at 73.5. Shanghai was the top-ranked mainland Chinese city, placing fifth with a score of 65.1. The Swiss-based International Institute for Management Development recently ranked Hong Kong third globally in its annual World Competitiveness Index, placing the financial hub after Switzerland and Singapore. According to the chamber, Hong Kong’s victory was powered by its lead in the “business and economy” segment. But it placed fourth in “innovation and ideas”, trailing Shanghai, Si...

Foreign Direct Investment Increased to a Record $41 Trillion

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  India, Mexico, Brazil, and some other major emerging economies recorded strong growth, while the United States continued to extend its lead as the top destination for direct investment Global foreign direct investment grew again in 2023 after declining the previous year. Inward direct investment climbed $1.75 trillion, or 4.4 percent, reaching a record $41 trillion, according to the IMF’s latest  Coordinated Direct Investment Survey , which provides detailed information on direct investment positions between countries. FDI rose in most regions, with Central and South Asia, Europe, and North and Central America contributing most. Direct investment between advanced economies grew by $880 billion, or 3.6 percent, while those from advanced economies to emerging market and developing economies rose by $538 billion, or 7.6 percent. As our  Chart of the Week  shows, the United States extended its lead as the top destination for direct investment. Singapore recorded the l...

We Spent a Decade Building Virtual Worlds — What We Discovered Could Reshape the Future of Business

Key TakeawaysWhile building tools for virtual worlds , we discovered that the high- performance , real-time infrastructure needed for the metaverse is exactly what businesses need to operate in the AI era. We are entering an economy where people are seeking purpose, community and creativity in the digital environments where they now spend increasing portions of their lives. Businesses must evolve from product providers to hosts, and brands will become part of an ecosystem that thrives on participation, portability and interaction. This shift requires infrastructure that can scale in real time, preserve ownership across environments and connect disparate platforms into a single seamless experience. But in the process of building tools for virtual worlds, we discovered something far more foundational: The infrastructure we needed for the metaverse turned out to be exactly what businesses need to operate in the AI era. https://business-strategy-conferences.scifat.com/ Like many, we expec...

Musk Says Tesla Robotaxi Launch Tentatively Planned for June 22

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increase; green up pointing tria  CEO  Elon Musk  expects the company to launch its long-anticipated robotaxi service tentatively on June 22 in Austin, though he said that the date could shift because Tesla is being “super paranoid about safety.”   In a flurry of posts on X late Tuesday, Musk hyped up the launch as a vital step toward Tesla’s autonomous future. The first use of Tesla’s robotaxis will start with 10 to 20 Model Ys driving on public roads without a human behind the wheel, before expanding the size of the service based on how well the technology performs, Musk has said. Event Title: International Conference on Strategic Management and Business Strategy Website Link Nominate here Registration link: Social Media Link Facebook Twitter Pinterest Blog Youtube Instagram

What is sustainability in business?

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  Sustainability in business refers to a company's strategy and actions to reduce adverse environmental and social impacts resulting from business operations in a particular market. An organization’s sustainability practices are typically analyzed against environmental, social and governance (ESG) metrics. As we face irreversible changes in the Earth’s system, the threat of climate change has become too risky to ignore. The exceedance of environmental thresholds is raising concerns about domino effects in global natural systems and societies. Businesses are seeing both pressure and opportunity to establish sustainability goals if they haven’t already. Even during the COVID-19 pandemic, companies continued to align to the United Nations General Assembly sustainable development goals (SDGs) set in 2015 and intended to be achieved by the year 2030. The SDGs establish universal goals that provide a roadmap for sustainability in business in target areas such as poverty , inequality, env...

Standing down from Falcon 9’s launch of Ax-4: SpaceX

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Originally scheduled for the launch on Tuesday (June 10, 2025), the mission was postponed to Wednesday due to weather conditions                                        This handout image released courtesy of SpaceX and taken on September 11, 2024 shows Ax-4 crew members (L/R) Tibor Kapu, Shubhanshu Shukla, Peggy Whitson and Slawosz Uznanski posing inside the SpaceX Dragon spacecraft at an undisclosed location. Photo: SpaceX via AFP SpaceX has said that it is standing down from Falcon 9’s launch of Axiom Space Ax-4 mission which will carry Indian astronaut Group Captain Shubhanshu Shukla’s to the International Space Station. “SpaceX is standing down from Falcon 9’s launch of Axiom Space’s Axiom Mission 4 (Ax-4) to the International Space Station from Launch Complex 39A (LC-39A) at NASA’s Kennedy Space Center in Florida on Wednesday, June 11, to allow additional time for SpaceX teams to re...

5 Ways We Can Improve Men's Mental Health in Business

1. Normalize Mental Health in the Workplace 🧠👥 Open conversations reduce stigma for men. A 2017 review reminds us that mental health is a spectrum we all experience . Sharing this message through newsletters, team chats, or casual sessions helps men feel safe opening up. 2. Use Practical Language 🗣️🔍 Avoid broad terms like " mental health" — opt for specific, relatable words like "stress" or " burnout ." Men respond better to direct, solvable issues and concrete work- related questions. 3. Promote Lifestyle-Based Support ⚽🤝 Men often prefer group-based solutions. Activities like sports, team-building, or mentorship programs make it easier for men to engage without feeling singled out. 4. Offer Anonymous Online Therapy 💻🔐 Online therapy provides a private , stigma-free space for men to seek help. Anonymity increases confidence to speak openly without fear of workplace judgment. 5. Highlight Male Role Models 👔💬 When male leaders share their own ment...