When looking for new success stories in today’s global business environment, it is hard not to notice the remarkable resilience that Southeast Asia, and especially the ten ASEAN nations, are currently showing.
Countries in the presumable or constant path of storms must develop infrastructure and contingency plans to alleviate the social and economic costs of the whims of the world’s weather, writes Justin Calderon.
Some of the biggest names in private equity have recently been racing to set up business in ASEAN and to put their surplus cash to work. They are all drawn by a region that is still defying the global economic slowdown.
It’s time for the Gulf Cooperation Council to look East. Global capital is now ending up in Southeast Asia, a region identified as new investment haven with growth prospects unheard of at present times