Glocalization is a combination of the words “globalization” and “localization”.
The term describes a product or service that is developed and distributed around the world, but also adapted to fit the user or consumer to the local market.
Often, glocalization campaigns include culture-friendly media and advertising campaigns to encourage acceptance of foreign products by local audiences.
The process can be expensive and resource intensive, but often pays off for the companies that practice it.
China A-share is the shares of companies based in mainland China that are traded on two Chinese stock exchanges: the Shanghai Stock Exchange (SSE) and the Shenzhen Stock Exchange (SZSE).
American Depository Shares (ADAs) refer to shares of foreign companies held by US depository banks and can be traded in the US, including on major exchanges.
Berhad (BHD) is the suffix used in Malaysia to denote a public limited company. The suffix Sendirian Berhad (SDN BHD) identifies a private limited company.
The Bombay Stock Exchange (BSE), founded in 1875 as an Association of Local Shareholders and Stockbrokers, is the first stock exchange in Asia and the largest securities market in India.
Export credit agencies offer loans, credit guarantees and insurance to help domestic companies limit the risk of selling goods and services in foreign markets.
The Financial Times Stock Exchange Group (FTSE) is a financial institution that specializes in managing asset exchanges and creating index offerings for global financial markets.
The Government Investment Corporation of Singapore (GIC) is one of the three financial institutions that manage the financial assets of the Government of Singapore.