Transparency would also foster trust between companies and local communities.

(Millions of Singapore dollars percentage of local controlled companies in parentheses)

When working offshore, companies should build the capacity of local communities by hiring local staff and transferring technology and knowledge.

While local governments have been unable to borrow, locally controlled state investment companies can.

An enabling environment encourages entrepreneurship, allows local companies to thrive and attracts foreign investment.

In recent years many local and foreign companies have been investing in renewable energy sources.

Both EDB and IE are open to all local companies with various kinds of support.

Continuing education is paid for by companies and provided by local universities at an affordable cost.

Where there is no local code on corporate governance, companies should follow recognized international good practices.

There are no consequences for companies or local governments that ignore them, which they continue to do.

Those cities are not attended by Sabesp, but rather have their water supplied by small, local companies.

Local Somali administrations, or faction leaders conclude licensing arrangements with foreign countries, companies or individual fishing vessels.

Local development projects in oil production areas should apply a participative approach involving major stakeholders civil society, State and local authorities, youth movements and local private companies to identifying needs and defining implementation strategies.

The partnership consists of seven major information technology companies, as well as non profit organizations and local communities.

The companies are the local affiliates of Air Liquide (France), Praxair (United States), AGA (Germany) and Indura (Chile).

Above all, local companies need to be supported when they make moves to become more efficient, innovative, and competitive.

Whereas technology companies instantaneously transmit terabytes of data to remote continents, local transport proceeds at an almost medieval pace.

Active policies to promote new start ups and local companies expansion through credit, training, and technical support are imperative.

So, without transparency of revenues and their beneficial use, resource extraction companies inevitably become the targets of local suspicion.

While all of these are important, it is through FDI that companies are most closely intertwined with local economies.

Globalization must become glo c alization there is value in the relative certainties of local communities, small companies, human associations.

This encourages local companies to explore overseas investment opportunities that will enable them to enhance their competitiveness expand and grow.

Another issue that was raised concerned the effects of TNC operations on the local market structure and the need to safeguard against the crowding out of local companies, products and customs.

There are, however, ways in which TNCs can contribute to the technological upgrading of local companies and the local economy as such without the risk of key technologies leaking to competitors.

These giant corporations have begun to control local seed companies through buyouts, joint ventures, and licensing arrangements, leading to seed monopolies.

Local bond markets provide alternative sources of financing for companies and Governments, which avoid exchange rate risks inherent to foreign financing.

Indeed, one important channel for increasing local value added and employment is through the forging of supplier linkages with domestic companies.

You have a situation where the relationship between government and local social networking companies is creating a situation where, effectively, the empowering potential of these platforms because of these relationships between companies and government.

Partnerships with foreign companies were designed to allow local businesses to benefit from technology transfer and training, while creating the most favorable conditions for local producers to add value to domestic production and exports.

Local unions need to be involved, for the issues involved are specific to companies and workers, and cannot be resolved by governments alone.

There were lots of good ideas large companies could second redundant managers, technicians, and professionals to act as mentors for local start ups.

For overseas branches, the net amount due to the local parent companies is taken as an approximation of the magnitude of direct investment.

Vertical supply chain linkages can also provide an effective channel for local companies to gain access to markets, financing, skills and know how.

In 2007, Malawi established diplomatic ties with China, and Chinese investment in the country has continued to increase since then, despite concerns regarding treatment of workers by Chinese companies and competition of Chinese business with local companies.

Moreover, the finance, technology and linkages that larger companies bring with them can initiate the growth of local subsidiaries, ancillary companies and small scale enterprises in poorer localities, thereby generating higher levels of formal sector type employment and incomes.

Big companies. Big companies.

India, China, and a handful of other Asian countries are also witnessing remarkable growth in local alternative energy companies and the use of renewable energy.

Similarly, automobile manufacturers, mobility services companies, and local governments are working together to advance sustainable transportation by providing incentives for efficient non ownership of vehicles.

Multinational companies have created nearly 1,000 R D centers in China, including 194 in 2010 alone, enabling them to develop products for the local market.

When advertising to a high context culture like Japan, companies consider using more local and cultural images and verbiage to appeal more to their consumers.

The local authorities and mass organizations have persuaded agencies and companies in their localities to recruit, provide vocational training and financial support to these persons.

Likewise, international oil companies sell most of their oil in dollars, but they operate in various countries and pay some of their costs in local currencies.

But the impact has been limited, owing to the authorities ability to stuff debt down the throats of captive local banks, insurance companies, and pension funds.

Anti trust legislation is a guarantee against possible abuses by foreign companies adopting and implementing such legislation should allay local retailers' fears about foreign company presence.

With more resources provided by donor countries, UNDP could extend the initiative by brokering more partnerships between companies and non governmental organizations or local government bodies.