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
Southeast Asia’s biodiversity is under serious threat; some parts of the region are projected to lose up to 98% of their remaining forests in the next nine years. It’s also thought to be the world’s most threatened region for mammals.
Peace, stability and economic growth are among ASEAN’s most commendable achievements, thanks to which former enemies have been able to live and grow together
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
ASEAN’s durability for 50 years is an enigma of the 21st century — there is still no consensus on how the organisation has survived for so long.
To describe the rapid rise of East Asia's influence would, at this point, be a cliché. But the speed of this well-documented rise has not just created opportunities; it has created risks.