Empowering business in Southeast Asia
With one of the fastest growing economies in Asia and a large population, the Philippines is a promising market for real estate companies. Manila, the capital, concentrates many investments as local property developers outbid each other to pull the market higher in all categories: office, residential, retail and hotels.
As in the rest of Asia, Philippine real estate is currently in a very positive trend. With strong fundamentals, a large population and fast growing economy, the Philippine property market is also driven by oversees Filipinos sending money home, strong domestic demand and the dynamic BPO and tourism industries.
“Generation Y”, as opposed to the previous “Generation X” and “Baby Boomers”, is the generation of people born between 1981 and 2000. Characterized by familiarity with technology and some consumption behaviors, Generation Y is a major segment in Thailand that also presents particular national specificities.
After a few years of trough in the Vietnamese property market, real estate developers and sellers are facing a renewed buying trend. However, the Vietnamese market presents various peculiarities to understand in order to be a successful player, buyer, seller or intermediary when it comes to information and consumer behavior.
Strong demand is attracting an inflow of local and foreign investments in construction and real estate companies’ stocks in Indonesia. With good perspectives for the coming years and interests from both local and foreign investors and developers, the real estate sector provides very interesting opportunities in Indonesia.
Bandar Seri Begawan, capital of Brunei, is expecting to see its population of about 200,000 people in 2014 triple by 2035. Integrated in a vision to develop and diversify the Bruneian economy, Bandar Seri Begawan’s development master plan defines objectives that will enable businesses to anticipate its expansion.
ASEAN companies are gaining traction in Southeast Asia and further. The 100 largest companies from ASEAN countries by market capitalization have recently been compiled by the Nikkei Asian Review magazine. Here is the list of 100 leading businesses in the region, together with some details on their activities, market values, and revenues.
Awareness about ASEAN and the upcoming ASEAN Economic Community is growing in the Philippines and Southeast Asia. In a recent video by Rappler, Tessie Sy-Coson, Vice-Chairperson at SM Investment Corporation, explains her perspective for ASEAN and the Philippines together with its impact on some business sectors.
The recent opening of Myanmar has set the country on a track of economic development and high interest for tourism. This enthusiasm is particularly visible in property and hotels prices. This videos gives us some details about this trend, with reviews of prices and factors that could further weigh on the Burmese real estate market.