Industries to Watch Out for Growth in Southeast Asia in 2023
Despite the prevailing gloomy economic climate, ASEAN remains very attractive to foreign investment, and several industries look to prosper in 2023.
An Introduction to Special Economic Zones in Indonesia
Indonesia has made the development of its special economic zones a priority policy with the aim of attracting over US$50 billion in foreign investment over the next decade.
Philippines Opens Renewable Energy to Full Foreign Ownership
The Philippines has fully opened its renewable energy sector to foreign ownership.
Implementing Industry 4.0 in Singapore’s Manufacturing Sector
We discuss the Industry 4.0 opportunities in Singapore’s manufacturing sector, from electronics to pharmaceuticals, and major players,
How Singapore is Poised to Take Advantage of Industry 4.0
Singapore has already embraced Industry 4.0 with its advanced manufacturing steadily moving its production base up the value chain.
Indonesia and Thailand Implement QR Payment Linkage, Key to Increasing Digital Integration in Southeast Asia
Enabling cross-border QR payment linkages is also a step towards greater financial inclusion in Southeast Asia.
Vietnam’s Energy Crunch: Coal’s Dominance and the Need for Renewables
Vietnam’s breakneck economic growth is putting pressure on its energy sources, with frequent power outages burdening businesses nationwide.
Singapore Introduces New Healthcare Reform Plan
Singapore has recently announced a new healthcare reform plan, Healthier SG, that will shift the country’s healthcare strategy towards preventive care.
As Chinese Lockdowns Continue and Salaries Rise, Footwear Manufacture Shifts to Vietnam
Vietnam’s footwear industry is likely to benefit as manufacturers leave China in search of lower labor costs.
Reshoring China Production to Thailand: Key Sectors That Benefit
As the second-largest economy in ASEAN behind Indonesia, Thailand presents ample investment opportunities for foreign businesses.