The Thai tourism industry is undergoing several changes with regards to the types of tourists coming in the country, the increasing regional and global competition between countries to attract tourists and people’s increasing reliance upon digital mediums, mobile devices and social media.
Implemented on 31 December 2015, the ASEAN Economic Community proposes to consolidate the economic integration of the region. This review summarizes the state of the ASEAN integration, how it will benefit the private sector to do business in the region and the progress of each country towards this ambitious goal.
The automotive sector is very dynamic in Southeast Asia, where Thailand has become a leading hub for car production. Matt Bradley, president of Ford ASEAN, explains the presence, interest and outlook of Ford in the ASEAN region, giving also a particular perspective on the automotive industry in Thailand.
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 changing landscape of Asian economies is modifying the dynamics of competition and profitability between corporations. In this report from the Economist Intelligence Unit, several demographic, legal and financial trends are analyzed to search for market insights as well as best practices for corporate finance and strategy in Asia.