ASEAN Nations Lose Power To Turmoil

Jan. 13, 2005
As recently a year ago the Assn. of Southeast Asian Nations (ASEAN), then an increasingly powerful regional seven-country economic and political bloc, was the U.S.'s third largest export market and a "must" global location for major multinationals. Since ...

As recently a year ago the Assn. of Southeast Asian Nations (ASEAN), then an increasingly powerful regional seven-country economic and political bloc, was the U.S.'s third largest export market and a "must" global location for major multinationals. Since then the region has experienced severe financial and political turmoil including last months resignation of Indonesian President Suharto. Companies committed to ASEAN -- now encompassing nine nations: Brunei, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam -- must think long-term. The financial crisis is at least two years away from recovery. And both Indonesia and the Philippines have untested new leaders.

Popular Sponsored Recommendations

Empowering the Modern Workforce: The Power of Connected Worker Technologies

March 1, 2024
Explore real-world strategies to boost worker safety, collaboration, training, and productivity in manufacturing. Emphasizing Industry 4.0, we'll discuss digitalization and automation...

3 Best Practices to Create a Product-Centric Competitive Advantage with PRO.FILE PLM

Jan. 25, 2024
Gain insight on best practices and strategies you need to accelerate engineering change management and reduce time to market. Register now for your opportunity to accelerate your...

Transformative Capabilities for XaaS Models in Manufacturing

Feb. 14, 2024
The manufacturing sector is undergoing a pivotal shift toward "servitization," or enhancing product offerings with services and embracing a subscription model. This transition...

Shifting Your Business from Products to Service-Based Business Models: Generating Predictable Revenues

Oct. 27, 2023
Executive summary on a recent IndustryWeek-hosted webinar sponsored by SAP

Voice your opinion!

To join the conversation, and become an exclusive member of IndustryWeek, create an account today!