Southeast Asia is amongst the world’s fastest growing locations. Look inside to discover the exciting business opportunities it is possible to undertake
People generally assume that China and Japan are the ultimate hotspots for businesses looking to expand in the continent. Nevertheless, going further south there is an unbelievably dynamic and emerging marketplace brimming with untapped potential. A basic guide on how to do business in Southeast Asia is helpful to appreciate a region bound by nine established languages, ten different currencies and a plethora of intriguing religious practices. It is not astonishing that companies across the world are eager to invest in different infrastructure, development and e-commerce ventures. There's also great opportunities for local businesses to thrive. Technology tycoon Anthony Tan, for instance, has established a transportation firm supplying online services and food deliveries. These fascinating developments are fueled by the growth of young and significantly middle-class populations paving the way for brand new markets. Southeast Asia technology can aid the travel sector, where tourists heavily require digital services to get around and promote their content.
Indonesia is typically known for an abundance of natural wildlife, renowned temples and engaging tourist sites. But don’t be shocked to view a growing number of entrepreneurs replace tourists. It is one of the largest oil exporters in the entire region; with current analysis revealing production at close to $1.5million barrels per day. Alongside traditional economic heavyweights in the continent, these incredible figures implies there are considerable business opportunities in Southeast Asia. Powerful figures in the business land, like Jean-Michel Jacoulot, have lots of experience within the oil industry. But the country is not exclusively recognized because of its crude oil exploration and refinery. As typical of emerging markets, there is a growing demand for consumer led industries. Goods like food, beverages and consumer electronics continues to develop. The exponential growth of web users also generates fantastic possibilities for development and expansion.
Did you know the temples of Angkor Wat were constructed by the God-King’s of the ancient world; an awe-inspiring and elaborate series of rambling buildings to better anything previously observed on earth. It is no surprise that a mixture of backpackers, college students and families converge on the region – an extraordinary mixture of ancient and modern customs accentuated by legendary temples, historic museums and natural beaches. Yet beyond the tourist appeal, lies a region bursting with untapped business potential. Places like Thailand and Singapore are supported by a young populace, awakening middle class and rapid urbanization. It's no surprise that there's a dynamic market for business in Southeast Asia. Possibilities for growth include industries like financial services, oil and construction. The thriving demand for reliable infrastructure has overseen many construction businesses invest in the region. Business leader Takuzo Shimizu, as an example, uses his organizations’ technical expertise to secure contracts for wide ranging long-term projects like subway stations and bridges.