Via Rest of World, a report on how Southeast Asians are heading to Taiwan to train for semiconductor jobs, which is helping to fill a talent gap at the world’s top producer: Students from Vietnam, Malaysia, Indonesia, and the Philippines head to Taiwan to train and work in the semiconductor industry. Taiwan faces a talent […]
Read more »Courtesy of The Diplomat, a look at how Southeast Asia’s aging societies could lead to more political polarization and upheaval: Southeast Asia is aging – and rather quickly. In Vietnam, the number of 0-14 year-olds will decrease by 3.7 million between now and 2050. In Thailand, it will fall from 10.7 million to 7.8 million. […]
Read more »Via Visual Capitalist, an interesting graphical look at the top emerging markets in 2024: Foreign direct investment (FDI) refers to the investment made by individuals, companies, or entities from one country into businesses, assets, or ventures located in another country. FDI plays a pivotal role in global economic development, as it facilitates capital flows, fosters […]
Read more »Courtesy of The Diplomat, an article on the Biden administration’s efforts to elevate economic relations with Manila to keep step with the recent enhancement of security ties: A number of leading American corporations are set to announce more than $1 billion in investments in the Philippines, U.S. Commerce Secretary Gina Raimondo said yesterday. Raimondo made […]
Read more »Courtesy of McKinsey, a detailed analysis of the Philippine economy which was more resilient than expected in 2023 — and current projections indicate that it could again achieve healthy growth in 2024: The Philippines ended 2023 on a high note, being the fastest growing economy across Southeast Asia with a growth rate of 5.6 percent—just shy […]
Read more »Via Forbes, a report on Philippines fast food chain Jollibee’s successful global expansion: Jollibee Foods—controlled by billionaire Tony Tan Caktiong and his family—is targeting to triple its net profit within the next five years as the Philippines’ largest fast food chain steps up its global expansion binge. Net profit climbed 16% to 8.8 billion pesos ($159 million) […]
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