Investments, population, growth … Asia became the global economic epicenter.
The major asset of this region is to be a fantastic machine to create wealth. while the European golden age has passed we are witnessing the irresistible rise of Asia. A “globalized” continent, home to two-thirds of the world’s population.
While China sees his growth slowing, Asia remains dynamic, driven in particular by the emerging countries like Vietnam, Malaisia, Indonesia, Thailand, the Philippines etc. with a desire to invent new systems. Today, Asia seeks to establish itself as a land of innovations and no longer as a land of imitations. We can see it in the digital, tech and even sustainable development. Asia, which started from far away, is now a step ahead.
Republic of Singapore
Singapore, the British trading colony, is today a bustling metropolis in Southeast Asia and home to one of the world’s busiest ports. The country is known to be one of the world’s easiest places to do business, is a real showcase of innovations “Made in Asia” and a model for neighboring countries. The Singapore government makes significant efforts to attract businesses by establishing a system allowing low tax rates, protecting intellectual property rights, promoting new technologies and the pharmaceutical sector.
India is the new China, with a vast and diverse market and a reduction in taxes allowing multinationals, small business and startups to establish themself there easily.
The country has already become a powerhouse in IT and software development services.
Japan continues to be a safe place to invest. The current government is carrying out major reforms to jump-start the economy especially in technology.
The 2020 Tokyo Olympics expect an acceleration in infrastructure construction and spending.
Set between two separate regions in the South China Sea, Malaysia is a small country with a fast-growing economy. On the ocean trade route, Malaysia came under the influence of China, India and Great Britain since 18th century. Today, the country has an open diversified upper middle economy and export mainly electrical appliances, components and electronic parts, natural gas and palm oil.
More than half of Malaysia’s multiethnic, well-educated population is online and spends more than four hours a day connected. English-speaking technologists are pursuing innovative areas such as robotics, artificial intelligence, 3D printing, and more.
Thailand is still considered as the heart of Southeast Asian investment opportunities especially in private consumption, public investments and property investment. People from Bangkok use the “buy it for rent” method consisting in investing in properties to rent the place and use the rent money towards the installments. Today, the country is still the most affordable in Asia for the property busisness. The country’s economy is expected to grow 3.2 percent in 2017, according to Thailand Economic Monitor. Tourism growth has been strong in 2016, with the number of tourist arrivals, mostly from China, increasing by 13.1 percent.
With its stability and competitive advantages, Vietnam continues to be the favorite destination for many investors. Today the country attracts more than ever a considerable attention from countries as South Korea, Japan, Singapore, Taiwan, Hong Kong and China with $ 66 billion in foreign direct investment between 2014 and 2016. 10% of this capital was in the real estate sector. Vietnam has the major development potential confirmed by the growing expectations of investors. This year and the following will always be good for investment.
According to data from the Vietnamese Ministry of Planning and Investment, by the end of March this year, the country had 23,071 foreign direct investment projects with $ 300.7 billions in registered capital. This shows that the Asia-Pacific investors have a significant role in the foreign investment sector in Vietnam. Their growing interest will, therefore, be a strong foundation for attracting other foreign capital.
Policies changes for foreign investors, lower taxes for business and citizens, infrastructure investments, should enable a boost very soon in the Philippines economy. Once the airports and rail systems start to work, the foreign investors and tourist should find the country more attractive.
The country mainly driven by the nation’s natural resources just opens since few years, is one of the ideal opportunities for investors related to the industries extracting these resources. Retail industries and tourism are expected to expand shortly but are still very far to be as competitive as this neighboring Thailand, as infrastructures are still the biggest problem of the country.
Cambodia is still the youngest (61% of Cambodians are under age 25) and the cheapest Asian country. Political stability, 100% foreign ownership allowances, and incentives make investment attractive. Untapped natural resources and urbanization provide additional opportunities.Foreigner investment goes into the garment sector, as well as real estate and construction projects. Some garment factories have shifted from Vietnam to Cambodia because labor there is even cheaper.
The country with a 2016 GDP at $13.7 billion, will grow in the future because of investment in the power sector and deeper integration with the 10-member Association of Southeast Asian Nations, the world bank forecasts. The country will improve his power network and possibly export it as well, according to the Department of Energy Business.