Latest news with #GlobalInvestmentSummit
Express Tribune
6 days ago
- Business
- Express Tribune
The UK is open for business
Listen to article Kickstarting economic growth is the number one mission of the UK government. We know that this is also a goal that many of our partners, including Pakistan, share and one that can only be delivered by working together. Britain has always been an outward-looking trading nation with an open and stable economy. But with three new trade deals signed in May, we have taken a major step forward in driving prosperity at home and overseas. An economic deal with the Trump administration will reduce tariffs across a range of sectors, from steel and aluminium to automotives, and cut costs for businesses operating here in the UK. And a new agreement between the UK and the European Union will give more certainty to businesses, providing opportunities for companies to expand their operations with some of the UK's closest neighbours. Our message is simple. We are a trusted partner ready to negotiate constructively. We have one of the largest economies in the world, with cutting-edge businesses, brilliant universities and a talented workforce. And we have an innovative economy embracing new trends like AI. The UK and Pakistan share a longstanding and evolving trade partnership rooted in mutual opportunity and trust. With over £4.7 billion in bilateral trade, the UK is Pakistan's largest trading partner in Europe. And it's not just foreign leaders and decision-makers that recognise this. A recent survey of global CEOs ranked the UK as the second most attractive country to invest in. In March, companies from around the world, including Blackstone, Amazon and DP World, collectively committed to invest £63 billion in the UK at the Global Investment Summit. It is as a result of this work that just last month, the UK's growth rate was upgraded to the highest within the G7. And we're building on these strengths. Earlier this year the UK announced £13 billion of capital investment over the next five years to deliver the projects needed to catalyse private investment, boost growth and drive forward the UK's modern industrial strategy. This follows £100 billion of capital investment announced last autumn. We are also ripping up unnecessary regulation to cut the administrative costs on business by a quarter over the next five years. And soon we will unveil a new Industrial Strategy which will give businesses even greater confidence to invest and expand in the UK. There are already several businesses from Pakistan in the UK, including firms like Abacus. A leading tech consulting firm, Abacus exemplifies the potential of cross-border enterprise, showcasing how Pakistani innovation and British collaboration can fuel shared prosperity. But with the offer of certainty, stability and simplicity, we will give more firms the confidence to expand and invest in the UK. The US and EU both recognised the huge potential of a closer trading relations with the UK under this government. And they are not the only examples. The UK is now an active member of CPTPP after becoming the first European member earlier this year. We're also building new partnerships with the emerging markets of the future. These deals are just the beginning. Our diplomats and trade negotiators have sent a signal — the UK is open for business.
Hans India
26-05-2025
- Business
- Hans India
MP govt allotted 1,744 acres of land for 46 industrial units after GIS-2025: CM Yadav
Bhopal: The Madhya Pradesh government has so far allotted a total of 1,744 acres of land to 46 industrial units after the Global Investment Summit (GIS) held in February this year in Bhopal, Chief Minister Mohan Yadav said on Monday. The Chief Minister said that these industrial units have proposed a total investment of approximately Rs 24,500 crore, which is expected to generate around 35,000 jobs for the youth in the state. The Chief Minister informed about the investment in the state while addressing the 'Food Processing Entrepreneurs' Conference' at the Agriculture-Industry Conclave held in Narsinghpur district. He stated that the year 2025 is being celebrated as the "Year of Industry." "Madhya Pradesh is witnessing continuous development, and in this journey, industrialists from across the country are welcome," he said. Chief Minister further stated that to realise the vision of a developed Madhya Pradesh, balanced progress is needed across all sectors. He emphasised the need to adopt technology in this era of rapid technological advancement. Yadav said that his government has decided to organise as many as four Agriculture-Industry Conclaves at different locations to promote agro-based industries. He reiterated that the state government is determined to enhance farmers' income. "There will be a greater establishment of food processing-based industries in the state. We have increased across sectors such as agriculture, horticulture, and fruit-vegetable production," the Chief Minister added.
Korea Herald
23-05-2025
- Business
- Korea Herald
BEYOND Expo 2025 Leads the Future of Asian Tech for 5th Year
Visionary Tech Pioneers Converge in Macao to Drive Innovation MACAO, May 22, 2025 /PRNewswire/ -- BEYOND Expo 2025 celebrated its fifth anniversary when it opened today at The Venetian® Macao's Cotai Expo, creating Asia's largest gathering of cutting-edge technology companies and the world's foremost tech leaders and pioneering minds under the theme "Empowering Asia, Bridging the World". More than 800 companies are exhibiting, covering a wide range of sectors from AI, HealthTech, Clean Energy and Robotics to Lifestyle Tech, SportsTech, FinTech and more, with over 800 investors registered and 25,000 visitors expected. BEYOND Expo will run from May 22-24, 2025. A who's who of leading Asian tech pioneers joined the Opening Ceremony on May 21, to discuss the question 'What's Next?' They included Dr. Jian Wang, President, Zhejiang Lab; Founder, Alibaba Cloud; Carl Pei, Co-founder & CEO, Nothing; Dr. Burt Guo, CEO & Chief Scientist; Sichuan Aerofugia Technology Development CO., LTD; Zhaopeng Chen, CEO & Founder of Agile Robots SE, and Jingkang Liu, Founder of Insta360. The Opening Ceremony also hosted the official launch of the BEYOND Founders Club (BFC), a world-class community for rising Asian tech entrepreneurs uniting to transform business landscapes and tackle global challenges. BEYOND Expo Co-Founder Dr. Lu Gang explained, "When we first established BEYOND Expo in 2021 we wanted to showcase the technological advancement of Asia. This global convergence of the best minds – where groundbreaking ideas meet transformative technologies, realizes our vision of 'Empowering Asia, Bridging the World.' We are delighted to be celebrating our fifth year with over 800 companies, the largest number of participants to date from all over the world." Inspiring the Next Generation - BEYOND Founders Club With 30 founding members, BFC claims to connect key tech influencers, visionary entrepreneurs, and pioneering innovators to explore global tech trends. BEYOND Expo Co-Founder Jason Ho said, "We are committed to bringing successful tech visionaries together to share their learning and inspire others. Launching the BEYOND Founders Club reinforces our belief that tech serves humanity. The founding members are driven by the mission to guide the next generation in the pursuit of sustainable technological solutions to tackle global challenges". Promoting Ideas - BEYOND Expo Summits A packed program of events features key panel sessions with over 300 speakers including Global Investment Summit, AI Summit, Wealth Summit, BGlobal Summit, Asia-Europe Tech Forum, Japan Tech Forum, Asia-Latam Tech Forum, Fashion Tech Forum, Global-Cross Border E-commerce Ecosystem, Gen-Z Founder Forum, International Industrial Design Forum, ORIGIN Southeast Asia Summit, SHETECH Summit, WEB3+AI Forum, Sports Tech and Zayed Sustainability Prize China Forum. Attracting Investment – Global Investment Summit, Wealth Summit and Fund at First Pitch Investor engagement has become a cornerstone of BEYOND Expo, which this year hosts a dedicated Wealth Summit together with the Asian Family Legacy Foundation (AFLF) and Greenwich Economic Forum (GEF). Fund at First Pitch is a live competition that has attracted over 150 companies and 100+ investors culminating in funding for winners. Visit BEYOND Expo 2025 at The Venetian® Macao's Cotai Expo BEYOND Expo 2025 is being held at The Venetian® Macao's Cotai Expo. Since opening, Cotai Expo has been a leading conference, meetings and exhibition venue in Macao, and is one of the largest MICE venues in Asia, with approximately 71,000 square metres of exhibition space. It is also part of Sands® Resorts Macao, which attracts top event planners from around the world due to its 150,000 square metres of MICE space, world-class entertainment venues, award-winning accommodation, spectacular recreation and leisure options, unrivalled shopping experiences, and dynamic dining options. Sands Resorts Macao's newest hotel, located within The Londoner® Macao, is Londoner Grand, which marks a bold new chapter in luxury for discerning travellers and event planners. About BEYOND Expo The BEYOND International Technology Innovation Expo (BEYOND Expo) is Asia's leading annual technology event. Serving as a dynamic platform since 2021, BEYOND Expo not only showcases global technological innovations but also provides a unique opportunity to foster innovation upgrades across diverse industries and regions. BEYOND Expo has attracted participation from Asia's Fortune 500 companies, multinational corporations, unicorn companies, and emerging startups. Through a multifaceted approach involving expos, summits, and various activities, BEYOND Expo has successfully cultivated an innovative ecosystem, propelling collective development in the Asia-Pacific region and the global technology innovation industry.
Mid East Info
08-05-2025
- Business
- Mid East Info
BEYOND Expo 2025 Announces Global Investment Summit Speaker Lineup - Middle East Business News and Information
Top Venture Capitalists and Investors to Explore the Future of Innovation and Growth Across Asia BEYOND Expo 2025 is proud to unveil the speaker lineup for the highly anticipated Global Investment Summit on May 23, 2025, at The Venetian Macao Cotai Expo, where some of the world's most influential investors and venture capital leaders will gather to explore the next frontier of innovation and opportunity across Asia and beyond. As Asia cements its role as a global innovation powerhouse, the Global Investment Summit will spotlight key investment trends in private equity, impact investing, and cross-border collaboration. This exclusive gathering will feature a dynamic agenda, including panel discussions and fireside chat on these topics: Cross-Border Capital: Investing Across Asia The Edge of Tech: Betting on Deep Innovation Fireside Chat with Meta World Peace Southeast Asia Rising: The Next Tech Powerhouse The Next Consumer Frontier China's Capital Momentum: Domestic Growth, Global Vision Confirmed speakers include some of the industry's most influential figures: Harry Man, Partner, MPCi (China） Akio Tanaka, Partner, Headline (Japan) Jung-hee Ryu, Managing Partner, FuturePlay (South Korea) Thomas Tsao, Co-founder, Gobi Partners (Malaysia) Helen Wong, Managing Partner, AC Ventures (Singapore) Peng T. Ong, Co-founder & Managing Partner, Monk's Hill Ventures (Singapore) James Tan, Managing Partner, Quest Ventures (Singapore) Wayne Shiong, Founding Partner, China Growth Capital (China) Zhou Wei, Founder, CCV (China) Steven Hu, Founding Partner, Ince Capital (China) Joseph Zhou, Managing Partner, Bits x Bites (China) Li Feng, Founder, FreeS Fund (China) Harry Wang, CEO & Founder, Linear Capital (China) Esther Wong, Founder & CEO, 3C (Hong Kong, China) Adrian Hia, Partner, Kairous Capital (Malaysia) Justin Niu, Partner, IDG Capital (China) E. Mr. Mohamed Al Ahbab, Vice Chairman, Commerce Committee (Qatar) Garibaldi Thohir, Chairman, the China Committee of the Indonesian Chamber of Commerce and Industry (Indonesia) Zhang Qian, Founding Partner, FutureX Capital (China) Also, don't miss our exclusive fireside chat with Meta World Peace — former NBA star, mental health advocate, and now Managing Partner at Tru Skye Ventures. He'll share his unique journey from professional sports to impact-driven investing, his vision for empowering underrepresented founders, and how he's leveraging innovation and capital to drive positive social change. Global Investment Summit Date: May 23, 2025 Time: Full Day Stage: M The Global Investment Summit is set to be a must-attend event for investors seeking quality deal flow, innovative partnerships, and actionable market intelligence in one of the world's most dynamic and promising regions. Scan the QR code or click here to join us at BEYOND Expo 2025 and be part of shaping the future of investment. Limited-Time Offer: FREE Tickets for Our Community Use promo code BYMEI at checkout.
South China Morning Post
27-03-2025
- Automotive
- South China Morning Post
Cathie Wood sees AI driving US$10 trillion global robotaxi revolution
Cathie Wood, the star stock picker behind Tesla's stratospheric valuation, has doubled down on her bets, citing the convergence of artificial intelligence (AI), new energy and automation for her bullishness. Advertisement The worldwide market for self-driving taxis, which Tesla is approved to test in California, may be worth between US$8 trillion and US$10 trillion in five to 10 years, she said. That would make up 90 per cent of Tesla's expected valuation at US$2,600 per share in five year's time, a near 10-fold increase from the current level, she added. 'We think US$8 [trillion] to US$10 trillion for the entire autonomous taxi opportunity throughout the world, from almost nothing,' is possible, said Wood, the founder and CEO of Ark Investment Management, said at HSBC's Global Investment Summit in Hong Kong on Thursday. 'That's how quickly AI is going to cause these things to happen.' AI would cause all kinds of convergence among sectors, creating a 'huge opportunity', she added. Ark Investment's Cathie Wood pictured in February 2023. Photo: Reuters Tesla was an example of the convergence of various sectors, Wood said. 'We did not define it as an auto company. It was a robotics, energy storage and AI company.' Advertisement Wood predicted earlier this week in a media interview that Tesla's robotaxis would account for 90 per cent of its value of US$2,600 per share in the next five years.
