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Hong Kong Trade Development Council
With production costs rising in China, manufacturers are looking at less costly places in which to diversify their factory investments, in particular to the ASEAN-CLMV countries – Cambodia, Laos, Myanmar and Vietnam.
Indonesia is at the very forefront of the boom in infrastructure redevelopment taking place across Southeast Asia.
The ease of starting a business in the country, however, is also heating up competition. Only niche businesses with a clearly differentiated product range are considered likely to survive.
There was general consensus among the Chinese, Korean, Japanese and Indonesian exhibitors that the country's LED industry is poised for massive growth in the coming years. This wave of confidence has largely been spurred by the Indonesian government's commitment to replacing traditional advertising materials with LED displays
Indonesia is the most populous country in ASEAN with a population some 260 million strong. It’s also the world’s fourth-largest consumer market in terms of population size, trailing behind only China, India and the US.
Compared with most of the other countries in the region, Thailand’s consumer market is relatively mature, but the potential for it to grow remains high with its economy poised for sustained, productivity-driven growth in the next five years
Out of Indonesia's 259 million-strong population, only 34 per cent are active Internet users, according to the latest Digital Yearbook
Myanmar is now representing a user base of more than 46 million subscribers, according to the latest research by BuddeComm, an Australian specialist telecoms research company.
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