Image source: https://en.wikipedia.org/wiki/Petronas_Towers
Identified as one of the Top 20 in Ease of Doing Business by the World Bank Group, Malaysia’s business environment is conducive to starting and operation for local firms. A flourishing of successful young professionals in booming industries also adds to the supportive ecosystem of the country. According to the Malaysian Investment Development Authority (MIDA), in 2015, due to a focus on quality job creation and higher income generation, the country received RM150.6 billion in direct domestic investment and RM36.1 billion in foreign direct investment. The amount was primarily distributed between two main verticals: 57.9% went towards the country’s service sector, while the manufacturing industry attracted 40% of investments.
The Philippines has gained traction as a dynamic emerging market, with gradual financial developments leading to greater investment opportunities. A known powerhouse in the business process outsourcing industry, the country continues to be a strong performer in Asia, managing upward forecasts of 6% GDP growth for 2016 and 2017, according to both IMF and ADB. Focused investments implemented through the private sector, sensibly budgeted infrastructure, and public-private partnership projects, together with an astutely skilled labor force have contributed to the Philippines’s intensifying global competitiveness.
A steady economic growth and a generally optimistic outlook has put Manila back in place as a favorable investment location. As business activity continues to increase, Manila is able to win back business confidence and opportunities. With the fast-paced developments, central business districts in the metropolis have changed into world-class structures. But even if Manila offers first-class living choices, the cost of living is relatively low as shown in the infographic below.Read more
Singapore is internationally known for its political stability and prosperous economy. It has continued to attract many tourists and expatriates to its shores and will continue to in the days to come. Here is an infographic on the cost of living in Singapore.Read more
Pulsing with life and energy, Kuala Lumpur is more than just the capital of Malaysia. Kuala Lumpur continues to grow at an exponential rate and shows no sign of slowing down anytime soon. Its vast pool of opportunities and resources have driven tourists and expatriates to its shore. Here is an infographic on the cost of living in Kuala Lumpur.Read more
They say your work is a reflection of your environment. Nowadays, with such a wide range of workspaces and offices available, and virtually anywhere on the globe in reach, finding the right fit is even more advantageous.
In Southeast Asia, there are plenty of inspiring office buildings that are home to some of the most prominent companies as well as modern day enterprises. Here are just a few of them.Read more
With its consistent ranking by the World Bank Group as the #1 city for Ease of Doing Business (for 11 years now, since the inaugural list in 2005), Singapore remains a top global destination for major business development and large-scale investment. The nation continues to be a progressive economy with plenty of vibrant opportunities. Its efficient governance, streamlined systems, and clean modernism, coupled with a well-educated and highly skilled labor force make Singapore an excellent business destination. Here are some things to consider when deciding to set up business in Singapore.
Fuente Osmeña Rotonda, Cebu City
Situated in the Central Visayas and designated as the Philippines’ Queen City of the South, Cebu offers an alternative to Metro Manila’s restless urban hustle and bustle. In this Visayan capital city, expect a laid-back atmosphere that reflects its lush island surroundings. Cebu offers a concentration of tourism destinations, heritage sites, pristine shores, sweeping city views, as well as a booming economic industry. Aside from its idyllic scenery, Cebu City is second only to Manila in terms of business and investment potential, ranked 7th in Tholons’ 2016 Top Outsourcing Destinations, identified in 2014 as one of 5 Future Eco-Cities in Asia by the United National Industrial Development Organization (UNIDO), and previously declared as a Top 10 Asian City of the Future by Finance Direct Investment Magazine.Read more
The idea of what constitutes workspace has changed over the years. From traditional office cubicles, there are now coworking and shared office spaces where you can rent a desk or private room to operate your business. There are also meeting and conference rooms, retail spaces, and venues for events that you can rent short-term, promoting flexibility and mobility for your company. As the concept of workspace continues to evolve, we look for new and unique spaces to offer our clients with better and more efficient working environments. And so, FlySpaces is introducing a new workspace category that will elevate your experience to scrumptious heights: corporate dining.Read more
Planning to forge a career in Singapore? What the country may lack in size, it makes up for with countless opportunities for you to seek your dream job and to be able to find a balance between your career and your personal life in the city-state. Singapore is one of the most progressive economies not only in Asia, but around the world. The ease of doing business here has provided startups with greater chances to launch their companies and find success in the region. The labor force in Singapore has been touted as one of the best anywhere in the world, with their specialized skills and strong work ethic.
Marina Bay at Night
Image credit: Chensiyuan via Wikimedia CommonsRead more