Indonesia, China, India and Malaysia
Growth in East Asia accelerated to reach 8.1 percent in 2006 and is forecast to grow further [1]. This was the strongest pace of economic expansion in the last ten years and a fitting commemoration of the decade that has passed since the start of the Asian financial crisis in 1997.
With population of over 220,000,000 people and a GNI per capita of US$1,280.00, Indonesia is expected to accelerate its growth rate in 2007 to 6.3 per cent, according to Regional Economic Update. Ranked at 135th position in terms of ease of doing business in the country, Indonesia still offers many challenges to new businesses, especially from overseas.
Doing business in China is the talk of the day. With Chinese economy continuing its unstoppable growth more and more businesses are trying to get a foothold in the Chinese mainland. However, there are many challenges - especially in relation to a fairly complicated procedures for opening up a business (requiring 13 steps and 35 days), or navigating through complex taxation policies and procedures. China was ranked as at 93rd position in terms of ease of doing business in the country. We can help with various aspects of doing business in China. See our services for a better understanding of how we can help.
India has a population of over 1,094,583,000 people - a 2nd largest country in the world with GNI per capita of US$ 720.00. It has been enjoying a steady growth rate of its economy for past several years, but doing business in the country is not as easy. Today, India is ranked at 134th place in ease of doing business in the country with a fairly complicated set of procedures for obtaining licenses to do business.
The Malaysian economy has done remarkably in 2006 with real GDP growing at well over 5 percent in 2006. Looking forward, medium-term prospects remain broadly positive. Malaysia is expected to grow by 5.5 percent in 2007, and 5.5-6 percent through 2008, though more recent numbers and projected budgetary disbursements suggest that 2006 growth could be higher. Ranked at 25th position in ease of doing business, Malaysia is a place for a number of investment types. With population of over 25 million and a GNI per cepita of US$ 4,960.00, Malaysia is one of the prime choices for investment in South-East Asia.
World Bank - East Asia 10 Years After the Financial Crisis
Doing Business.org - Doing business in China
