Nomura New Initiative Promotes Knowledge Sharing Across Asia

KUALA LUMPUR, June 22 (Bernama) -- Tokyo-based Nomura Real Estate Development Co Ltd (Nomura) has launched a Knowledge Exchange Program, an initiative that brings together an internship programme for overseas university faculty members and students and an employee exchange programme.

The Knowledge Exchange Program invites professors and internship students from overseas universities as well as employees of overseas subsidiaries to Japan, bringing them together at once to join and exchange with Nomura's head office employees.

This is a new initiative that builds on a series of research projects the company has undertaken since 2018 in collaboration with some universities in Thailand and Vietnam as well as with Japan Women's University in Tokyo that has a proven track record in research on urban living spaces in Asian countries.

For Nomura, the programme provides an opportunity to discover potential needs in overseas markets, while for overseas students and the company's overseas employees, it provides an opportunity to deepen their knowledge through exchanges and interactions with those from different countries and generations.

By pursuing further research collaborations with universities and implementing the Knowledge Exchange Program on an ongoing basis, Nomura will continue to promote knowledge and technology sharing across national boundaries and generate synergies in its Asian operations.

According to a statement, the company will also strive to offer greater additional value to its customers and local communities by gaining a better understanding of local customs and needs.

In 2023, which is the first year of the programme, Nomura invited a total of 11 overseas participants to Japan, including two professors and four students from its Thai partner universities as well as five employees of Nomura Real Estate Asia Pte Ltd, Nomura Real Estate (Thailand) Co Ltd and Nomura Real Estate Vietnam Co Ltd.

Nomura will continue to utilise such synergy opportunities to overcome business challenges, including the obsolescence of property plans due to changes in customer needs and the intensifying competition resulting from a deterioration in the real estate market.

-- BERNAMA