As the most advanced economy in Central Asia, oil-rich Kazakhstan leads the region in terms of GDP and purchasing power, while also acting as a key business and logistic hub linking China and Europe. As the host of Expo 2017, the first World’s Fair in Central Asia, and the newest WTO member (as of 30 November 2015), Kazakhstan is seen as having huge potential, especially if it succeeds in its ambitious upgrade to its global connectivity.
Eight years ago, Clockenflap was a small gathering of music and art lovers. Now the festival is one of the major events on the Hong Kong cultural calendar, with plans to export the formula abroad. Martin Haigh, Chief Sales Officer of Magnetic Asia, the festival's parent company, explains how the event came about and how to create a cultural happening that appeals to all of Hong Kong's diverse population.
More than 408 million tourists now visit Asia-Pacific destinations every year, with China taking the lead as both the preferred destination and the largest source of outbound tourists. Japan, though, is also enjoying a distinct resurgence.
Indonesia is to allow foreign direct investment (FDI) in every aspect of its film industry. The amended protocol now sees foreign companies able to compete equally with local businesses in a number of film-related areas, including technical services, production, distribution and cinema ownership.