If viewed as a single economic entity, Southeast Asia would be the world’s fifth largest economy and with rapid growth projections, the region’s global significance can only be expected to increase further.
Transformation is just around the corner in Southeast Asia’s manufacturing sectors. Our latest survey reveals how Swedish tech suppliers can get primed for success. Get the full picture with detailed analysis from our team on the ground, download the report.
Swedish companies have a lot to offer the Southeast Asian countries in key areas such as industry automation, infrastructure development, and products and solutions for the emerging digital middle class.
Southeast Asia is an Asian sub-region comprised of the ten nations geographically located south of China and Japan, east of India and north of Australia; Indonesia, Thailand, Singapore, Malaysia, Philippines, Vietnam, Myanmar, Cambodia, Laos and Brunei Darussalam. These countries also comprise the regional intergovernmental organisation Association of Southeast Asian Nations (ASEAN), which promotes regional cooperation and integration in e.g. the economic, political, security and educational fields.
Using Singapore as a base, the entirety of the ASEAN bloc with its 650 million inhabitants are accessible within 3.5 hours by air travel. Further, the region’s strategic location provides easy access to other economic superpowers, such as China, India, Australia, and Japan.
In times of increased protectionism and trade tensions, few regions present similar growth prospects. But how should Swedish companies respond to the conflict?
It has never been a better time to enter the Philippines. The market has proven itself with 20 years of consecutive economic growth coupled with stable government finances. But what’s in it for Swedish companies? This is outlined in the “Philippines, Open for Business” report.
The report also explains the recipes for success. Key success factors include to handle the Philippines both as a single market and as an integral part of your regional and global organization, and to create strategic partnerships in the Philippines for the local market and for regional and global market.
Download our recipes for success.
Watch our recorded webinar to ensure long-term competitiveness with the Philippines IT sector.
Trade Commissioner, Singapore