Empowering business in Southeast Asia
With the rapid growth of the ASEAN region, some successful businesses have emerged to become leaders in their industries. Whether they evolve in new or traditional industries these five world conquering companies have succeeded through their emphasis on customer experience and embodied their values in a strong brand.
Southeast Asia is a powerhouse for the automotive industry in Asia and beyond with very attractive perspective for the coming years. The region presents the double interest of having large markets with important sales growth potential and important automotive manufacturing hubs to produce for Asia and the world.
The growing exposure and recognition of Southeast Asian art is creating a new dynamism in the art market of Singapore and the region. As more interest bring more money into the market, a new virtuous circle benefits all the actors of the art scene: artists, collectors, galleries, museums and amateurs.
Southeast Asia is a critical market for the global energy sector with an important production of fossil fuels and a rapidly growing consumption of fossil fuels and electricity. At a challenging time for energy and global growth, the integration of power in ASEAN could also bring new opportunities for the region.
Though some countries present a better outlook than others, Southeast Asia is a very attractive region for real estate. Strong economic fundamentals, demographic dynamism, changing behaviors and the digital revolution bring new opportunities for various actors involved in the real estate sector.
A global superpower, the United States has the world’s largest economy and diplomatic network. Interested in extending its ties with Southeast Asia, the U.S. has launched several programs to develop its interests in ASEAN and contribute to the local development of the region.
Since 31 December 2015, the ten ASEAN member countries have officially launched the long awaited ASEAN Economic Community. With this important milestone, Southeast Asia sets its eyes towards new heights of development and a more integrated region that will gain in global competitiveness.
ASEAN attracts a lot of attention from businesses and investors thanks to its high level of economic growth and a widening middle class. With the unfolding of the ASEAN Economic Community they will reap more and more benefits as the deepening regional integration eases business practices and creates new opportunities
With the world’s third-largest population and a comparatively low, but growing, Internet connectivity, Southeast Asia is an upcoming market of interest for e-commerce. Still in its infancy, the ASEAN e-commerce market presents many growth opportunities for businesses ready to face its challenges.
The coupon and promotions company Flipit has recently entered the Singaporean, Malaysian and Indonesian markets. With a growing footprint in ASEAN, they share some insights on e-commerce and m-commerce in the region from a European perspective, highlighting particularities and local innovations in ASEAN markets.