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Foreign investment

Portugal’s Quiet Climb in Deep Tech and Bio Innovation

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With advantageous visa programs, substantial government support, and funding from the European Union, Portugal is emerging as a cost-effective innovation hub for biotechnology, space technology, and ocean sciences. Deep tech is undeniably a significant driving force behind Portugal’s economy, paralleling trends seen in other European nations. Deep Tech The term "Deep Tech" refers to technologies [...]

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ASEAN and the Gulf States, or is it Gulf-Asia?

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The Association of Southeast Asian Nations’ (ASEAN’s) foundation came about as a result of a reconciliation peace process between Malaysia, the Philippines and Indonesia, which had been brokered by Thailand. In fact, it was the Thai Foreign Minister, Thanat Khoman, who first proposed the idea for the association on the back of that peace agreement,

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While the West struggles, Southeast Asia grows

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No matter the source, the news bombarding people in the West today is, almost, a permanent diet of negativity; businesses collapsing, lost jobs with more to follow, tax rises and wars – both economic and physical. The impression is that the world is falling apart, but is there any good news for business out there?

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The Rise of Economic Nationalism: how protectionist policies are ending globalism

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Global trade’s share of economic output has decreased, while industrial policies focused on bolstering domestic industries are increasing, especially in wealthier countries. This change has since last year been dubbed "slowbalisation", signalling a slowdown in globalisation. However, rather than indicating a complete reversal, this shift reflects a growing emphasis on the protection of domestic industries,

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What drives FDI in the Asia Pacific Region?

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The Asia Pacific region is witnessing economic growth despite the ongoing tensions between China and the smaller Asian nations in the South China Sea. Countries such as Cambodia, Vietnam, the Philippines and Singapore are experiencing a surge in foreign direct investment (FDI) from nations including Australia, Germany, Spain and the US. Investment is particularly noticeable

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Cambodia’s Open Doors: An emerging frontier for foreign investment

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Cambodia has been experiencing remarkable change of late, evident in large increases in foreign investment, in particular, in infrastructure and real estate. This pivot from a traditionally agricultural economy to a potentially industrialised and urbanised one is not too dissimilar to Vietnam and its rise to prominence. Credit is mainly due to consistent flows of

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The Philippines’ Economic Renaissance: Opportunities and Challenges Ahead

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The Philippines has been recently reporting strong economic growth, evidenced by healthy GDP figures and an increased appetite from foreign investment. Employment rates are steadily rising aided by the expansion of sectors like Business Process Outsourcing (BPO) and manufacturing. When compared to its ASEAN neighbours like Vietnam and Indonesia, its growth is robust, firmly establishing

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Awakening the Tiger: Vietnam’s surge in the global economy

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Vietnam has witnessed substantial growth lately, recovering rather abruptly from the global chaos caused by the pandemic. Since then, the nation has welcomed a surge in foreign direct investments (FDI) and seen its manufacturing sector expand which, combined, have been the backbone of its economic recovery. The reason has, at least in part, been as

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‘The Arabian Phoenix’ Part 2 – Saudi Arabia’s Vision 2030

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This year marks the half-way point in Saudi Arabia’s ambitious Vision 2030. To what extent is the Kingdom of Saudi Arabia (KSA) on track to achieve its goals of diversification economically, socially and culturally that it outlined in 2016? Last year, KSA achieved the astonishing growth rate of 8.7% – making it the fastest growing

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‘The Arabian Phoenix’ – Saudi Arabia’s resurgence in global trade

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A new era is dawning in the Kingdom of Saudi Arabia (KSA). Historically, KSA’s riches have derived from abundant oil reserves, making it one of the globe’s leading exporters in this energy sector. The revenue generated from this exceptional wealth has shaped the country’s economy and infrastructure. However, dependence on and exposure to a single

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