Indonesia, Cambodia outlook most “positive” for US businesses

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Cambodia is viewed as being extremely profitable by US businesses

One may employ a woeful amount of red tape and have poor political stability, while a strongman has helmed the other since 1985, eroding away at government agency effectiveness by installing a culture of complacency.

However, both Indonesia and Cambodia have the most “positive” investment opportunity outlooks in ASEAN, according to a survey taken by members of the American Chamber of Commerce (AmCham).

In AmCham’s “ASEAN Business Outlook 2012/2013” report, survey respondents in Cambodia and Indonesia formed the most favourable opinions of the future prospects of those nations, with nearly 100 per cent having “positive” or “very positive” feelings.

Indonesia and Cambodia also ranked as destinations where businesses are the most optimistic about profit making, as well as the Philippines, which registered the third most positive outlook, with 96 per cent of respondents possessing favourable outlooks.

Additionally, the survey also revealed that “Vietnam is by far the most popular location for expansion” in ASEAN, with 57 per cent of respondents picking the Communist nation. The runner-up, Thailand, was only chosen by 11 per cent of respondents.

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Reading Time: 1 minute

Cambodia is viewed as being extremely profitable by US businesses

One may employ a woeful amount of red tape and have poor political stability, while a strongman has helmed the other since 1985, eroding away at government agency effectiveness by installing a culture of complacency.

Reading Time: 1 minute

SONY DSC
Cambodia is viewed as being extremely profitable by US businesses

One may employ a woeful amount of red tape and have poor political stability, while a strongman has helmed the other since 1985, eroding away at government agency effectiveness by installing a culture of complacency.

However, both Indonesia and Cambodia have the most “positive” investment opportunity outlooks in ASEAN, according to a survey taken by members of the American Chamber of Commerce (AmCham).

In AmCham’s “ASEAN Business Outlook 2012/2013” report, survey respondents in Cambodia and Indonesia formed the most favourable opinions of the future prospects of those nations, with nearly 100 per cent having “positive” or “very positive” feelings.

Indonesia and Cambodia also ranked as destinations where businesses are the most optimistic about profit making, as well as the Philippines, which registered the third most positive outlook, with 96 per cent of respondents possessing favourable outlooks.

Additionally, the survey also revealed that “Vietnam is by far the most popular location for expansion” in ASEAN, with 57 per cent of respondents picking the Communist nation. The runner-up, Thailand, was only chosen by 11 per cent of respondents.

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