January 7, 2015
Southeast Asia has a very strong economic outlook for 2015 and beyond. It has turned into a self-sustaining and secure global economic market and the United States will be a dynamic force for the region this year as well.
Southeast Asia has become an undeniable economic force on the global stage that will not be ignored. The West is well aware of this and both regions can benefit in a big way by collaborating to achieve some common goals.
While China’s growth rates have been slightly tempered, the emerging strength of the Southeast Asian economies combined with the promise of the ASEAN partnership could set the stage for a new boom in the region. This includes the prospect of new strategic alliances with the United States.
Some of these opportunities include the continued support of the ASEAN partnership, which would allow for the reduction of barriers for trade. Partnerships could also be pursued in the area of opening up financial institutions in the region that, in turn, would provide for huge opportunities for foreign investors such as the U.S.
Also on the list would be the passing of the Trans-Pacific Partnership-a free trade deal between the U.S., Canada, and 10 countries in the Asia-Pacific region, and includes several countries already party to the agreement, and there’s potential to include more countries and opportunities down the line.
There’s no doubt that tremendous opportunities are brewing here in Asia with great potential to positively impact the U.S., and Tiger-Consulting is optimistic about what momentum and positive movement forward that 2015 could bring for both regions. Our team looks forward to supporting new and existing clients through this exciting time to be in business in the 14 countries served across Asia-Pacific.
Founder & CEO, Tiger-Consulting