Nestle is to open its first factory in Japan in more than 25 years because of demand for exotic flavors of Kit Kat. [...] Flavors like wasabi and green tea have helped Kit Kat sales in Japan grow by 50% since 2010, Nestle said.
World Bank Group is considering lending Sri Lanka $100 million to expand higher education including increasing enrollment in priority areas for economic development like science, engineering and mathematics, and promoting innovation. [...] A Finance Ministry statement said the proposed programme aims to increase enrollment in higher education programmes that are important for an aspiring upper middle income country.
What could the UAE do to rise even faster up the soft power league table? It could design and build the first embassy of the future. The original embassies were not buildings but missions of people, sent out to connect, trade and influence. The embassy of the future will return to this idea, representing the dynamism and brand of a country. It will serve as a hub for dialogue, innovation, and exchange, much like the UAE itself.
In the last 10 years, in light of China’s rise, the resurgence of Russia on the world stage, and the proliferation of non-state actors in the Middle East, the concept of soft power has taken on renewed significance. Definitions of it abound and expansions of the examples and explanations of its various forms are offered from across the academy. [...] The other major change affecting soft power definitions and policies is technological innovation.
The upcoming Annual Investment Meeting (AIM) in Dubai, UAE will feature a strategic platform to discuss the role of government in shaping a competitive business environment to attract investment, facilitate entrepreneurship and innovation. [...] The meeting will provide key insights on how the government and other stakeholders stimulate and facilitate the flow of investments between countries and establish investment partnerships in vital sectors.
Headlines explored ways in which innovation contributes to humanitarian diplomacy.
Considering Africa’s lackluster performance, it is no coincidence that many African countries and global development institutions are now prioritizing a strategy of trade over aid. But what if focusing on trade—such as partnerships with Chinese and American governments and companies—is the wrong way to look at the problem? What if instead, African countries focused on innovation? The opportunities for growth and prosperity would be much brighter.
Innovative approaches have transformed foreign policy in recent years. Digital diplomacy is a modern and technological dimension of foreign policy, used as a new soft power tool to advance national interests, project political and economic power. In his address to the nation, President Nursultan Nazarbayev attached particular importance to digitalisation as one of the means “to get ahead of the future and decisively meet the challenges” of today’s changing world.