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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[caption id="attachment_12704" align="alignleft" width="300"] Cambodia is viewed as being extremely profitable by US businesses[/caption] 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...

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.



Support ASEAN news

Investvine has been a consistent voice in ASEAN news for more than a decade. From breaking news to exclusive interviews with key ASEAN leaders, we have brought you factual and engaging reports – the stories that matter, free of charge.

Like many news organisations, we are striving to survive in an age of reduced advertising and biased journalism. Our mission is to rise above today’s challenges and chart tomorrow’s world with clear, dependable reporting.

Support us now with a donation of your choosing. Your contribution will help us shine a light on important ASEAN stories, reach more people and lift the manifold voices of this dynamic, influential region.

$
Personal Info

Donation Total: $10.00

 

 

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