Paul Thoppil’s Post

How many export or supply chain managers know their best or next Asian Market? We cover them all with a high level best markets approach before you dive deep

🚀 Unlock the potential of the Asian market with the power of local expertise! In today's global economy, understanding regional nuances is key to successful market entry and expansion. Discover how partnering with local experts can pave the way for your business to thrive in Asia. 🔍 Learn more about the strategies and insights needed to navigate this dynamic landscape in our latest article: https://lnkd.in/gCQp4uhU #MarketExpansion #AsiaBusiness #LocalExpertise #GlobalStrategy #BusinessGrowth #smallbusiness #businesstips

Since the European de-risking strategy at the latest, Asia's role in international trade has been called into question. While more and more businesses are striving for diversification of their investments in the region, others, especially the multinationals with long-standing business relationships in China, continue to invest diligently in their production facilities on site. The general question is not whether investments will stop abruptly, but where precisely they will flow to within the region. Just imagine a potential relocation of a production plant from China to Vietnam, India or Malaysia. This decision requires a lot of financial resources, time, on-the-job training for current staff, new hiring of local experts, legal challenges and not to forget the implications for the supply chain. Of course, there are other interesting markets besides China in the region: India is booming and according to the World Economic Forum already a “significant economic and geopolitical power.” Moreover, some “niche markets” like Malaysia or Cambodia are worth to give a second glance. Asia with its more than 4.5 billion population does not exist as a homogeneous continent: Each state has its own specific characteristics that need to be addressed. It’s not the same doing business in South Korea, as doing business in Japan or the Philippines. The countries differ significantly, for example due to their geographical location, different purchasing power, differently developed industries, and cultural characteristics. Facts about Asia: ·     More than 50% of Asian trade occurred within the region in 2021 (WTO) ·     Home of approximately 60% of the world population (Statista) ·     The region comprises more than 45 countries, including such giants as China or India ·     In accordance with the WTO, Asia accounted for approximately 35% of the World’s Exports (in goods) and more or less 43% of the World’s imports (in goods) in 2021 As you can see, Asia offers great variety within the continent, which can be very challenging for companies and foreign investors. Some of these challenges include the following factors ... Webinar Recording: https://lnkd.in/euHhjDzh #asia #internationalbusiness

The summer months are traditionally when we at Asia Society Switzerland are start planning our next year. The process looks slightly different each year, but always follows the same logic: 📝 In early July we kick off by reviewing all our programs and projects. Are they delivering on our mission to foster Asia Competence? How could we modify and expand them? We also review our objectives for the current year, and start discussing possible objectives for the next year. 🔧 Over the summer, we work on the projects and objectives. By end of August, we have a draft schedule for 2025 and a draft resource planning (who works on which projects when) ready. 📅 In September and October, we refine the planning, and finalize our budget draft. 💼 In November, the board discusses the objectives and budget, and immediately after, we set our Key Results for 2025. 🤔 What is your yearly planning process? Serena Jung Rebecca Farner Manuela Coldesina Madelaine Wiebalck 吳美月 Remko Tanis Émilie Luthringer

South Asia's growth outlook is even better than we had anticipated just six months ago. Read more about South Asia's growth prospects in our latest South Asia Development Update: https://lnkd.in/evfEQ_UF

Has geographic diversification helped or hurt your portfolio this year? 🌍 The numbers speak for themselves:    •   US: +22% 🚀    •   Europe: +10%    •   Japan: +16%    •   China: +38% 🔥    •   GCC: +1.3% Diversification across regions can bring opportunities—and surprises! How did your investments fare?

Early Success in Southeast Asia Will Run through the Philippines

How well do you know the flags of Asia? 🌏 Take a moment to test your knowledge and see if you can correctly guess all 3 countries featured in the video! Expanding into these regions can be a complex process, but we are here to support your global expansion and help you navigate the unique challenges of entering these markets seamlessly. 💼🤝 Think you’re ready for international growth? Let us be your trusted guide!

Spent an enlightening week with the always insightful Marco Förster, ASEAN Director at Dezan Shira & Associates. We jumped straight into the current economic and investment landscape in ASEAN, a region attracting significant attention from the EU, US and China. 🌆 The ASEAN region is a melting pot of innovation and growth, and it's no wonder it's been touted as the most vibrant region globally. 🌐 ASEAN now boasts 8% of global exports and has outshone the EU as China's prime trading partner. A manufacturing marvel, RCEP's allure and "China+1" strategy magnetize investments, reshaping the global supply chain. From a burgeoning middle class and favourable demographics to rapid digital transformation, 📱📈 abundant natural resources, and dedicated efforts towards regional integration, the opportunities here are boundless. 🌱 What's even more exciting is how governments in this region are collaboratively paving the way for sustainable and inclusive growth. They're tackling challenges head-on, from environmental concerns to income inequality and skills enhancement. 💡🌏 As a firm deeply invested in the ASEAN region, we're committed to navigating the waves of innovation and opportunity alongside the ASEAN community. 🚀 📈 If you're as excited about ASEAN's potential as I am, let's stay ahead of the curve together. Subscribe to our ASEAN Briefing for the latest on the rapidly changing regulatory landscape, business news, and updates. 📰🔍 👉🏼 https://lnkd.in/gt2vAVMn 🌐📚 Stay tuned for more ASEAN insights and the exciting conversations shaping the region's future! 📊💬🌊🚀

Very nicely summarised and articulated by our Deputy Prime Minister Gan Kim Yong at the Milken Institute Asia Summit: Capital Talent Standards and International Collaboration These are the 4 key enablers that will help us move forward from impactful ideas to purposeful action! #milkeninstitute #singapore #asiasummit #sustainablegrowth