Entries Categorized as 'New Asian Tigers'

Singapore Becoming the New Southern California?

Date February 20, 2007

When we think about Southern California, we tend to think about beautiful waterfronts, huge homes, warm weather and a relaxing atmosphere. We are not alone since such pleasant thoughts are shared by many West Coasters who have chosen to vacation and live in Southern California. This optimism has become so extreme that it has created [...]

Singapore - To Engineer the Strongest Currency in 10 Years?

Date February 20, 2007

According to the International Herald Tribune, ING Bank is predicting sharp gains in the Singapore dollar this year as improving growth and inflationary pressures force the Monetary Policy of Singapore to tighten the eonomy by increasing the value of the currency.
Interestingly enough, the MAS manages the Singapore economy using the currency instead of exchange rates.
Article
Singapore [...]

Macau - The Quest for Casino Space

Date February 19, 2007

Macau is a mere 50 minute boat ride or 16 minute helicopter from HK, the gateway to China. Their proximity to the Asian Giant has made the former Portuguese territory a hot investment destination for foreign companies that are craving a piece of the casino business. In fact, even companies that have never dabbled in [...]

Vietnam - Big Goals for 2007

Date February 16, 2007

The Ministry of Trade in Vietnam has big goals for 2007. They expect export growth to rise by a minimum of 17.4 percent this year and are actually aiming for growth in excess of 20 percent. Strong exports are good for GDP and the government has set a 2007 GDP growth rate of 8.5 percent.
In [...]

The Dos and Don’ts of Doing Business in Vietnam

Date February 15, 2007

From Purchasing.com
DOs and DON’Ts to doing business in Vietnam
Do
• Expect to drink a lot of coffee and tea (some sources say turning down a beverage offer is considered impolite).
• Prepare for working lunches and dinners.
• Expect very difficult traffic on the streets.
• Plan for logistics delays or longer leadtimes when shipping product out of Vietnam.
• [...]