Other Briefings
Key Industries for Investment in ASEAN
As ASEAN continues its transition to greater economic integration with the implementation of the ASEAN Economic Community in 2015, the region is seeing strong growth in a number of industries. Among the key business areas are electronics, information and communications technology, textiles and apparel, and medical devices.
BPO in the Philippines Could Jumpstart Economic Growth
The month of August saw an all-time high for employment in the Business Process Outsourcing (BPO) sector in the Philippines, hitting over one million employees. The growth in employment is being primarily driven by the expansion plans of a number of companies, such as Accenture and Convergys. Over the past decade, the Philippines BPO industry has seen tremendous growth – revenues and employment have expanded tenfold since 2004. The industry sees an average per year growth rate of 20 percent.
Singapore Promotes Green Energy Research and Development
The Singaporean government announced this morning that it has pledged US$80 million to fund two new research and development R&D initiatives within the energy sector.
E-Commerce Markets Across ASEAN
Singapore, Malaysia, Indonesia, and the Philippines are quickly becoming four of the hottest e-commerce markets in ASEAN. In this article, we review the characteristics of each nation’s e-commerce markets and highlight opportunities for international investors.
Philippines Destined to be Asia’s Next Tech Tiger?
The Philippines may have the fastest-growing economy in Southeast Asia, but it also has the slowest internet speed in the region. Despite this, some foreign investors believe they may have spotted an opportunity that could turn the country into Asia’s next tech tiger.
E-Commerce Across Asia: Trends and Developments 2014: New Issue of Asia Briefing Magazine
In this issue of Asia Briefing Magazine, we provide a comprehensive overview of e-commerce trends across the Asia-Pacific region with a focus on developing markets in Southeast Asia.
Philippines to Offer Tax Breaks to Global Film Production Industry
A bill has been introduced in the Philippine Senate that would grant tax incentives to foreign and local film production companies in an effort to promote the country’s film industry and create a market for “film tourism.”
March 2014 ASEAN Regional Meetings
There are a number of important ASEAN regional meetings taking place in March, including the Senior Economic Officials Meeting and the ASEAN – Australia – New Zealand FTA Economic Committee meeting.
Toyota Doubles Its Indonesian Engine Manufacturing Capacity
Toyota has begun construction of a new US$198 million automotive engine manufacturing plant in Karawang, West Java, which, when completed in 2016, will more than double the company’s current production in Indonesia.
ASEAN Tourism Forum Conference Concludes on Positive Note
SINGAPORE – At the 33rd ASEAN Tourism Forum (ATF) in Sarawak, Malaysia last week, ASEAN nations reported a 12 percent increase in tourist visits since 2012. Adopting the theme ‘ASEAN – Advancing Tourism Together,’ Malaysian Minister of Tourism and Culture Nazri Abdul Aziz declared the ATF a resounding success by highlighting the ASEAN community’s rapid […]
