SOUTHEAST ASIA & PACIFIC - ISRAEL
A window of opportunity
WITH A POPULATION OF MORE THAN 600 MILLION, SOUTHEAST ASIA AND THE PACIFIC REGION IS A GLOBAL ECONOMIC POWERHOUSE. BY 2030, IT IS EXPECTED TO BE THE FOURTH LARGEST MARKET IN THE WORLD AFTER THE E.U, U.S AND CHINA.
Consists of 11 countries (Philippines, Indonesia, Malaysia, Thailand, Singapore, Viet Nam, Cambodia, Myanmar, Brunei, Laos and Timor Leste) reaching from eastern India to China. With an average annual economic growth rate of more than 5%, the countries in this dynamic region are thriving with trade and have become an important economic hub.
All the 11 Southeast Asian countries belong to the Association of Southeast Asian Nations (ASEAN), a 48-years old regional organization that promotes economic integration, and aims to create an Economic Community – a single market for goods, services, investments and skilled labor.
In cooperation with our partnering firm SALINA CONSULTANTS, ISAP Consulting will help your business penetrate smoothly the Southeast Asian markets.
THE PACIFIC ISLANDS, AUSTRALIA
& NEW ZEALAND
The Pacific region is receiving a fair share of attention today from many quarters.
The Pacific island region has considerable potential for development, especially in the areas of tourism, fishery, forestry, mining, and agriculture. Whether they be a relative giant like Papua New Guinea (PNG) with 4 million people and rich forests and mineral resources, or a micro-state like Tuvalu with just around 10,000 people, the region has shown some amazing success stories, attracting a plethora of investors from Western countries. For example, Samoa has revolutionized its economy in only 7 years, and can boast consistently positive growth rates
Australia and New Zealand are countries with economies dominated by the service sector counting for more than 65% of their GDP. The Australian’s mining sector is also significant (7% of GDP). New Zealand’s economic development over the past few decades has been built on principles of market openness and free trade. Reforms in the 1980s have opened the economy to imports, reduced the size of its government and have lowered the tax burden. These changes have solidified the economy’s ranking as one of the world’s freest economies and New Zealanders have enjoyed a high standard of living and a low rate of poverty.
The start-up nation
ISRAEL IS A RELATIVELY YOUNG STATE WITH A DIVERSE OPEN MARKET ECONOMY. THE COUNTRY IS HOME TO MANY INTERNATIONAL HIGH TECH COMPANIES WHO UNDERSTAND ITS CULTURAL AND ECONOMIC BENEFITS AS WELL AS ITS INNOVATIVE SPIRIT.
Israel is a relatively young state with a population of 8.3 million and a GDP of US$ 305 billion (data for 2014). The country is one of the most resilient and technologically advanced market economies in the world. Its skilled workforce and high concentration of venture capital has allowed the country to lead the world in innovative industries such as high-tech, clean-tech and life sciences.
According to the OECD, Israel’s economic growth is expected to strengthen to around 3.5% in 2015 and 2016.
Israel has more NASDAQ listed companies than any other country besides the U.S and China. Israel has also the world’s 3rd highest rate of entrepreneurship and is ranked 2nd in the world for venture capital funds behind the U.S.
Per capita, Israel has the largest number of start-up companies in the world and in the second quarter of 2015, Israeli start-ups raised a striking US$1.12 billion from investors, the largest quarterly investment in the history of the nation. This again shows the healthy eco-system of the so-called Silicon Wadi (the Israeli high-tech area).