💻 The digital economy is rapidly reshaping Thailand’s economic landscape, aiming to enhance efficiency and value across sectors like manufacturing, transportation, sales, and services. This transformation aligns with Thailand’s national strategy, seeking to become a high-income economy by 2036 and reduce development inequality. Strategic planning will be pivotal in ensuring the success of this digital transformation, solidifying Thailand’s position as a global economic powerhouse. 💹 Read more :
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Sri Lanka’s digital economy is paving the way for transformation, driving innovation and economic growth. Is this the key to a brighter future? Read Full Article Here - https://lnkd.in/gwqkydvy #lankabiznews #lankabiz #DigitalEconomy #SriLanka #Innovation #EconomicGrowth #Transformation #FutureOfWork #TechRevolution #DigitalTransformation #SmartSriLanka
Sri Lanka’s Digital Economy Growth: A Pathway to Transformation
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Asean micro, small and medium enterprises (MSMEs) should benefit from the US$2 trillion (RM8.55 trillion) expected economic value generated from the Digital Economy Framework Agreement (DEFA) by 2030.
Asean MSMEs should benefit from Digital Economy Framework Agreement
theedgemalaysia.com
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Discover the current state and future potential of the digital economy in Malaysia, including insights that can help your business succeed in this market.
Digital Economy (Malaysia): Success Growth Strategy Revealed
industrialmalaysia.com.my
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Singapore Economy: Strategies for the Next 50 Years
System Upgrade on Tue, May 28th, 2024 at 2am (EDT)
worldscientific.com
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The e-Conomy SEA report 2024 reveals that Southeast Asia's digital economy can achieve profitability and growth in tandem, marking a significant step towards achieving sustainable economic value.
Southeast Asia’s digital economy delivers US$11 billion of profits in 2024: Report
theedgesingapore.com
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Investing in Southeast Asia is complex, but can be profitable to invest in. Some thoughts on the region to consider before investing: 🟢Pros of the region: - Large market, young tech-savvy demographic, high GDP growth ~5% (2x that of global avg.) - Increased strategic interest from Korea, Japan and China. + M&A opportunities (5x rise in B2B acquisitions) - Huge beneficiary of China/ US tension with critical global supply chain (including semi-con) relocating to a region deemed neutral - Massive legacy industries going through digitalisation accelerated by CoVid - Plenty of niche opportunities with great potential (requires specialist depth) 🔴Cons of the region: - Markets are fragmented - so founders need a lot of support to break out - Ecosystem still young and capital stack is shallow - Hugely dependent on external capital incl. growth capital from US - Exit options are still limited if going solely for IPO - Probability of building massive scale quickly here is lower. 🔵What can improve: - Regional exchanges that support IPOs and create exit opportunities recycled into ecosystem - Capital is sufficient, but DPI is what’s lacking. The ecosystem has to sustain itself. - Investors can work together to consolidate companies and scale - Less emphasis on hunting for very large outcomes, focus on capital-efficient businesses that don’t rely on astronomical valuations to generate attractive returns - Government intervention to seed capital stack is helpful but should not be excessive. Market forces can weed out weak players. --- On the whole, the region is still brimming with opportunity if you know where to look. It’s a steadily maturing ecosystem that needs to be cultivated for all players to succeed. There is an approach here that works different to how you’d invest in mature economies like the US or India. Once we build a sustainable culture and base to launch from, the sky’s the limit. ☁️
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The ASEAN+3 Regional Economic Outlook 2024 The latest report from the ASEAN+3 Macroeconomic Research Office (AMRO) provides an insightful analysis of the region’s economic performance and future projections. Key Highlights: • Growth: Forecasted at 4.2% for 2024, with a slight recovery to 4.4% in 2025, driven by strong domestic demand and rising exports. • Inflation: Projected to ease to 1.9% in 2024, increasing moderately to 2.3% in 2025. Economic Trends: • Domestic Demand: Strong private consumption and resilient investments continue to fuel industrial activity. • Exports: A 4% year-on-year growth in tech exports during H1 2024, powered by surging demand for AI-related chips. • Tourism: Tourist arrivals have reached 90% of pre-pandemic levels, signaling robust recovery. Outlook: • Growth Drivers: Recovery in external trade, resilient domestic demand, and a tourism rebound, with inflation remaining manageable. • Risks: Uncertainties in major economies, financial market volatility, and potential impacts of new U.S. protectionist policies. • Long-term Challenges: Demographic shifts and climate change could hinder sustainable growth. As the ASEAN+3 region navigates growth and challenges, Prince Holding Group remains committed to driving Cambodia's economic progress. We continue to invest in key sectors such as real estate, tourism, and finance, supporting robust domestic demand and sustainable development. P.S. Do you think strong domestic demand will significantly boost the economy? (Yes/No) Source: AMRO and Khmer Times
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Asian Development Bank (ADB) RECENT BOOKS https://lnkd.in/gj_zGYce BOOKS | 12 APR 2024 Transforming ASEAN: Strategies for Achieving Inclusive and Sustainable Growth ASEAN’s economic transformation depends on its success in achieving its key priorities of recovery, digital economy, and sustainability. BOOKS | 11 APR 2024 Asian Development Outlook (ADO) April 2024 Growth in developing Asia and the Pacific is expected to remain resilient, propelled by strong domestic demand, improving semiconductor exports, and the ongoing recovery in tourism. BOOKS | 02 APR 2024 Sociocultural Dimensions in Water Resources Management While governments and authorities look for technical solutions to water resources management, they can often overlook local knowledge and cultural aspects.
Books
adb.org
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My latest blog depicts the investment patterns observed throughout the APAC region, highlighting how these investments are catalyzing both growth and innovation in 2024. #investmenttrends #apac #economy #blogpost #linkedincreators
The Asia-Pacific (APAC) region has emerged as a powerhouse in the global economy, with countries like China, Japan, and India driving growth and innovation. APAC is home to diverse industries and markets, making it an attractive destination for investors seeking high returns. As we look ahead to 2024, several investment trends are expected to shape the APAC market and present exciting opportunities for savvy investors. Explore the complete article for a comprehensive perspective of APAC investment trends 2024. https://lnkd.in/gMUvwXv9 #investment #apacmarket #healthcare #growth #innovation #economy
Emerging investment trends redefining APAC in 2024
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ASEAN Economic Community (AEC) is a vision formally agreed by 10 ASEAN member states which aims for an integrated future as single economic unit, which can mean single market, single production base/global supply chain hub, single investment destination, etc, as espoused in the ASEAN Vision 2020. It was first declared during 9th ASEAN Summit in 2003 and was culminated in the form of blueprint which serves as a comprehensive masterplan to chart such journey. In terms of economic community, there are two adopted AEC Blueprints which have been agreed by AMS which are AEC Blueprint 2015 (2007) and AEC Blueprint 2025 (2016). Last week, investment officials in ASEAN as well as Timor Leste gathered for 2 full-day in Bangkok to discuss how FDI trends have been progressing to date after the integration effort commenced, how to make the integration-related measures, especially in the area of investment, more relevant to investors and how to attract even more high and quality FDI. Many policies that affects investment climate were discussed and will feed into ASEAN Investment Report 2024 that will launch soon, and will be the ultimate outcome for latest information of ASEAN investment trends and policies. Here is the link to past years and the article about this event: https://lnkd.in/g-eWmeZG.
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investasean.asean.org
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