Empowering business in Southeast Asia
Opening a new set of opportunities for ASEAN countries, South Korea is now looking at new ways to develop economic ties in Southeast Asia. As the government scouts for new ways to diversify trade and economic ties, businesses from Southeast Asian countries could find new openings to work with South Korean companies.
Internet has brought a revolution, enabling virtually anyone to create an online business and reach a large consumer population easily. Thanks to the shift towards online shopping, businesses of all sizes can now compete against bigger traditional companies and quickly grab a large market share on Internet.
Southeast Asia is an attractive region for business growth, and the coming together of the ASEAN Economic Community is yet another vector of great opportunities. To help companies forge their ASEAN strategies, this report sums up how and when global and ASEAN companies can succeed through a regional approach.
The recent election of Joko Widodo as the new President of Indonesia has set in motion a new series of reforms and policies for business, foreign investment and international relations. Gita Wirjawan, former trade minister of Indonesia, presents his views on the economy of Indonesia and perspectives for the coming years.
This report by the Economist Intelligence Unit examines the Free-Trade Agreements – FTA – in South-East Asia and their real usefulness for business. With a lot of feedback from professionals involved in international trade, it will help companies and governments apprehend current and upcoming FTAs.