In addition to the differences in purchasing power, consumer spending
and market size, businesses will have to navigate between the disparities
in good governance and ease of doing business with Singapore consistently ranked as one of the best business environments globally, and Cambodia,
Laos and Myanmar suffering from widespread corruption and red tape, development gaps in labour force and infrastructure and not least the multitude of ethnicities, religions, and languages that exists within each country.
Beyond these diversities and differences, the ASEAN nations share eagerness
to welcome investment and business opportunities as well as willingness
to cooperate for greater wealth and an improved quality of life. This – as seen
in the imminent creation of the AEC – makes the ASEAN a compelling market, one in which businesses can explore and seize the endless opportunities that integration and diversity can offer..
In addition to the differences in purchasing power, consumer spendingand market size, businesses will have to navigate between the disparitiesin good governance and ease of doing business with Singapore consistently ranked as one of the best business environments globally, and Cambodia,Laos and Myanmar suffering from widespread corruption and red tape, development gaps in labour force and infrastructure and not least the multitude of ethnicities, religions, and languages that exists within each country.Beyond these diversities and differences, the ASEAN nations share eagernessto welcome investment and business opportunities as well as willingnessto cooperate for greater wealth and an improved quality of life. This – as seenin the imminent creation of the AEC – makes the ASEAN a compelling market, one in which businesses can explore and seize the endless opportunities that integration and diversity can offer..
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