Economy & Trade

City Spotlight: Investing in Jakarta

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Located on the northwest coast of Java, Jakarta is the capital of Indonesia and the largest city in the country. Strategically located in the archipelago, Jakarta serves as the gateway to the rest of the country. In this article, we the city’s key industries and opportunities for SMEs.

The Cost of Business in Laos Compared With China

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The third part in our comprehensive look at how doing business in ASEAN compares with China, this time focusing on Laos.

The Cost of Business in Indonesia Compared With China

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The second part in our comprehensive look at how doing business in ASEAN compares with China, this time focusing on Indonesia.

The Cost of Business in Cambodia Compared With China

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In Part One of our series comparing ASEAN nation business costs with China, we discuss Cambodia and how the country may fit into your China strategy.

Philippines and the European Free Trade Association begin FTA Negotiations

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The Philippines and members of the European Free Trade Association (EFTA) have begun their first round of free trade agreement (FTA) negotiations in Makati, Philippines. The EFTA is made up of four countries: Iceland, Liechtenstein, Norway, and Switzerland. A completed FTA could have profound effects on businesses in both regions.

April 2015 ASEAN Regional Meetings

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There are a number of important ASEAN regional meetings taking place in April, including the 43rd ASEAN Consultative Committee on Standards and Quality (ACCSQ) held in Manila, and the 26th ASEAN Summit, which will be held in Kuala Lumpur.

Indonesia Struggles to Strengthen Weakening Rupiah

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Tuesday, March 17th, Indonesia’s central bank, Bank Indonesia, announced that it will hold the country’s key interest rate steady at 7.5 percent. The bank has chosen not to follow the recent regional trend of countries drastically cutting their borrowing costs. Markets have so far met the news positively and the rupiah has strengthened 0.6 percent to 13,165 against the dollar – the largest gain in eight weeks. Indonesia’s government has been struggling to strengthen a rapidly weakening rupiah, the country’s currency. The rupiah is Asia’s worse performing currency against the U.S. dollar this year.

CLMV in India’s “Act East” Policy

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The 2015-2016 Indian budget includes a proposal to set up manufacturing hubs in Cambodia, Myanmar, Laos, and Vietnam.

ASEAN Case Study: The Auto Industry and GM

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With the ASEAN Economic Community going into effect at the end of this year, many companies are now seriously considering moving their operations to the region. However, the question remains as to where in ASEAN to base your business. As such, it is helpful to consider corporations that have made the move to ASEAN in the past and to try and understand their reasons for doing so. We delve into GM’s expansion into the region and provide snapshots of their operations in a few key countries.

British Firms Encouraged to Expand into the Philippines

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British firms are being encouraged to set up shop in the Philippines in order to take advantage of this up and coming Southeast Asian country. Last week, in a recent sign of the growing business relations between the two countries, British Ambassador to the Philippines, Asif Ahmad, hosted the Great British Festival in Manila.

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