asean

aseanTrade war and costs speeding shifts of production to ASEAN and USA

Manufacturers are expanding to other regions in Asia because of rising mainland labor costs in recent years. This move is speeding up with the Trade War. Hong Kong and mainland companies are planning to hire more staff in cheaper regions …

aseanAsian economies out to 2030, India third place world economy by 2028

Japan Center for Economic Research has forecasted the Asian economies out to 2030. The center released its third Medium-Term Asian Economic Forecast for 2017 through 2030. The report, titled “Digital Asia 5.0 — Innovation changes economic power relationship,” puts the …