Publications
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The rise and rise of Asia’s middle class
Strong and persistent economic growth in Asia over the past two decades has seen the emergence of a substantial middle-class, emergence of a substantial middle-class, which has significantly reduced absolute poverty levels. As a result, consumption expenditure patterns in developing and emerging Asian countries, largely by the middle-class, have increased rapidly, reaching about a third of those of the OECD countries.
Entry strategies for Asia
Within Asia, rapidly fluctuating demographics, rising incomes leading to increased consumer spending, and a progressively liberal business environment have made these emerging economies increasingly attractive to Western businesses across a diverse range of industries. This shift has been underpinned with declining sales in Western domestic markets and has forced many companies to look to Asia as the driving force for their long-term global growth strategies.
Understanding guanxi in Chinese business
Historically, ancient Chinese society was fraught with chaos and instability with no structural system in place (e.g. government) to organise society as we know it in the twenty-first century. During these turbulent and often difficult times, society created an informal way of organising itself. Today, this is more commonly known as guanxi.
Understanding inhwa in Korean business
Obeying and understanding the rules of inhwa will make sure your venture into South Korea is a success! Download now to read more on what impact inhwa has on doing business in South Korea.
Export Check List
Thinking about exporting? Asia is continually changing and its economies and markets are evolving more rapidly than anywhere else in the world.
Managing your foreign exchange risk
Foreign exchange turnover in Australia is currently around AUD$165 billion a day. For most people, the banks are considered to be the only option when it comes to making an international money transfer, or receiving funds from overseas. Non-bank providers of foreign exchange services can often provide a significantly cheaper way to convert currency.
Your guide to better understanding ASEAN and its members
The Association of Southeast Asian Nations, ASEAN-10, or more commonly ASEAN, was established in Bangkok, Thailand on 8 August 1967 following the signing of the ASEAN Declaration (Bangkok Declaration) by the founding members of ASEAN (Indonesia, Malaysia, Philippines, Singapore, and Thailand).
The ‘Indonesian Way’
Indonesia is becoming increasingly important for Australia’s long-term and future economic development. Indonesia provides a massive wealth of opportunities for all Australian businesses.
