Learn what’s driving tech in Southeast Asia as the sector keeps growing

From wise expansion to regional adaptation, there are lots of strategies to think about when seeking to build your business in Southeast Asia

Most people typically assume that Japan and China are the optimum places for companies seeking to expand in the continent. But, moving further south there is an unbelievably vibrant and emerging market full of untapped potential. A basic guide on how to do business in Southeast Asia is useful to appreciate a region bound by nine established languages, ten different currencies and an array of interesting religious practices. It is not surprising that companies around the world are looking forward to invest in diverse infrastructure, development and e-commerce assignments. There are additionally brilliant opportunities for regional firms to thrive. Technology tycoon Anthony Tan, for example, has built a transportation business providing food deliveries and online services. These fantastic developments are fueled by the rise of young and increasingly middle-class populations paving the way for brand new markets. Southeast Asia technology can help the travel industry, where tourists greatly require digital platforms to get around and share their content.

Indonesia is commonly recognized for an abundance of untouched wildlife, iconic temples and unique tourist destinations. But don’t be astonished to view a growing number of businessmen substitute vacationers. It is one of the largest petroleum exporters in the entire region; with recent research indicating production at roughly $1.5million barrels a day. Alongside conventional economic heavyweights in the continent, these staggering statistics suggests there are ample business opportunities in Southeast Asia. Powerful figures in the business land, like Jean-Michel Jacoulot, have an abundance of experience within the crude oil market. Yet the country is not simply known because of its crude oil exploration and refinement. As typical of emerging markets, there is an expanding interest in consumer led industries. Goods like food, beverages and electronics continues to develop. The exponential expansion of online users also produces big opportunities for advancement and expansion.

Did you know the temples of Angkor Wat were created by the God-King’s of ancient civilization; a breath-taking and ornate series of rambling buildings to equal anything ever viewed on the planet. It is hardly surprising that a number of backpackers, college students and families converge on the region – a distinctive mixture of ancient and contemporary culture accentuated by legendary temples, old museums and untouched beaches. However, beyond the cultural destination, lies a region bursting with untapped business potential. Places such as Thailand and Singapore are supported by a youthful population, nascent middle class and swift urbanization. It's no surprise that there's an energetic marketplace for business in Southeast Asia. Opportunities for development incorporate fields like financial services, oil and construction. The thriving demand for reputable infrastructure has overseen numerous construction businesses invest in the region. Industry leader Takuzo Shimizu, as an example, deploys his organizations’ technical expertise to secure contracts for wide ranging long-term projects like subway stations and bridges.

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