Southeast Asia has emerged as a key asset location with superior long-term growth prospects, thanks to the region’s economic potential and pandemic management.
KUALA LUMPUR, MALAYSIA.
It manages to ooze exotic multi-ethnic appeal while offering the facilities, infrastructures, and comforts of a world-class modern metropolitan centre, having transitioned from a modest, thatched-roof tin-mining town in the mid-1800s to a well-connected high-tech city today.
Internationally acclaimed restaurants coexist with hawker centres, and quaint old shophouses and ancient colonial structures provide a contrast to the gleaming towers and modern condominiums.
BANGKOK, THAILAND.
Bangkok sustains much of its originality and charm despite its fast expansion, making life here feel like an unending vacation. Take a river ferry to a five-star hotel facing the Chao Praya River for brunch. Discover excellent street food in a twisting alley.
Markets and high-end shopping malls are great places to go shopping. Take a 1.5-hour journey out of town for a beach vacation. Alternatively, you may just stay at home and have any service you want to be delivered to your door for a fraction of the price you’d pay in other major cities.
SURABAYA, INDONESIA.
Surabaya is the business capital of eastern Indonesia and is known as the “gateway to the East.” It serves as a crossroads for all shipments to and from the east coast of Java.
Surabaya has traditionally welcomed foreign direct investment, and the city’s officials want to see it grow even more. To that end, the province of East Java is proposing a one-stop foreign investment permit that will cover everything from establishing a power connection to employing trained labour and obtaining property.
HO CHI MINH, VIETNAM.
Ho Chi Minh City, or Saigon as the local call it, is regarded as Vietnam’s economic centre.
Ho Chi Minh City also has a large pool of human resources to meet the needs of investors, ranging from competent workers to certified researchers and specialists. Furthermore, the city is home to over 75 universities and colleges, as well as multiple research centres and think tanks, forming a comprehensive network connecting research, development, and production, supplying local businesses with the greatest professional resources, technologies, and high-quality services. Ho Chi Minh is an interesting destination for investment for investors from all over the world because of its vibrant mood, its people’s can-do attitudes, and rising income.
SINGAPORE.
Singapore is known for its well-developed financial and trade sectors, for its low tax regime and openness towards foreign investment. The city-state’s success is based on a well-developed infrastructure and favorable regulatory and taxation frameworks but also a skilled workforce.
The top three reasons to invest in Singapore include its proximity to China, its free-trade philosophy and its diversified economy. What’s more, Singapore has a low taxation regime and several incentives and advantages are available for companies. There are special tax exemptions and tax incentives available for selected business fields and the Government also uses a Productivity and Innovation Credit Scheme that encourages businesses to invest in innovation and productivity.
ASEAN countries have a growing number of middle-income families who beef up demands for a wide range of products, such as electronics, mobile phones and gadgets, cars, and services related to education, health, and leisure.
