Once a vibrant industrial sector, Thailand’s motorcycle manufacturing industry is showing signs of saturation in recent years. The country’s motorcycle market declined to 755,214 units sold over the first five months of 2018, a drop of 2.4 percent from 773,794 units sold over the same period in the previous year.
Thailand offers great investment potential as a leading automotive production base in ASEAN. Read our latest article to know more about the opportunities and incentives on offer as well as the outlook for 2018.
In this week’s ASEAN Market Watch, we take a look at the measures adopted by Indonesia to make its Halal industry attractive for investors.
From the region’s financial services capital in Singapore to its low-cost manufacturing hubs in Vietnam, the ASEAN region offers numerous opportunities for foreign businesses. In this article, we highlight the growing opportunities for manufacturing in ASEAN and the benefits its various FTAs offer.
Myanmar recently permitted export-financing services by seven of 13 foreign banks operating in the country. In this article, we provide insight into Myanmar’s banking reforms and investment opportunities in the sector.
Stretching from Myanmar to Vietnam, the Southern Economic Corridor (SEC) aims to further integrate the Association of Southeast Asian Nations (ASEAN). In this article, we look at the improved connectivity brought on by the SEC and how it is boosting trade and investment in Cambodia.
Established over 50 years ago, Thailand’s automotive sector has developed into the biggest automotive hub in Southeast Asia. In our latest industry spotlight, we highlight recent regulations in the sector and explore why R&D will be required to sustain competitiveness.
About 133.6 billion pieces of rubber gloves – 63 percent of the world total – came from Malaysia in 2016, as the Southeast Asian nation has carved a niche in the industry. Exports were worth an estimated RM 14.3 billion, continuing the country’s streak as the world leader in rubber glove production for over two decades running.
In 2015, Southeast Asia’s restaurant sales totaled more than US$100 billion, a market size equivalent to that of India or Brazil. ASEAN has accordingly been identified as one of the four key target regions for international expansion in the consumer foodservice industry for 2017.
Growth in Malaysia’s e-commerce market is projected to increase from 10.8 percent in 2016 to 20.8 percent in 2020 on the back of strong government support. As Malaysia approaches high income status, opportunities are rife for foreign investors looking to enter the rapidly digitizing country.