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ASEAN
BUSINESS OUTLOOK:
LOOKING BRIGHT
2015
The Association of Southeast Asian Nations (ASEAN) includes
Brunei | Cambodia | Indonesia | Laos | Malaysia | Myanmar |
Philippines | Singapore | Thailand | Vietnam
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A poll of 588 executives
representing U.S. companies operating in
all ten ASEAN countries are optimistic
about business prospects.
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Nearly 60% of respondents
said ASEAN markets have
become more important in terms
of their companies global revenue
over the past two years.
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And 66% said ASEAN markets
will become even more
important to their global revenue
over the next two years.
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Most (74%) respondents said
trade and investment in ASEAN
increased over the past two years, and
even more (89%) expect them to
increase over the next five years.
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Slightly over half (53%) of the
respondents expect their companies
workforce to expand this year,
while only 5% expect decreases.
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The profit outlook is
also solid, with 63% of executives
expecting increases this year,
and 81% next year.
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Nearly half (49%) of
respondents in the manufacturing
sector report utilizing ASEANs Free
Trade Agreements to export goods
to partnering countries, particularly China.
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Find the complete
2015 ASEAN Business Outlook Survey
results at
www.uschamber.com/southeast-asia.
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