ASEAN has far greater economic potential when viewed as a whole rather than the sum of its parts.
Global economic growth is sliding towards a five-year low and predicting a gloomy backdrop for all but the most nimble of businesses. However Mid-Market Enterprises that have analysed the risks through careful planning will be in a stronger position to successfully grow throughout this period.
As Southeast Asian economies continue to rise, so too is the wealth of the region’s family-owned businesses. Passing on the management of these companies to family members requires careful planning, in order to avoid a myriad of internal and external challenges.
The leader of Singapore’s first scrap metal recycling company with a vertical integration strategy shares his story on 20 years of hard work to transform his family’s business.
Country is set to overtake the United States as the world’s largest outbound direct investor in the next few years. By Chow Wan Thonh, Managing Director and Head of Banking, South East Asia, HSBC Singapore.
The migration of China’s inbound foreign investment from labour-intensive sectors to services and high-end manufacturing has seen a seismic shift in 2015 which will potentially create a knock-on effect for investment into Southeast Asia. This investment will be welcome relief particularly to countries affected by falling commodity exports, even as the region positions itself as an attractive alternative to soak up such inflows.
Strategies for entering a new market
SMEs should embrace the attributes that brought them initial success as a distinct advantage and focus on creating a highly attractive value proposition when they enter a new market.
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