Trade War Incentives in ASEANMultimedia
- Title: Trade War Incentives in ASEAN
- Date: March 11th, 2020
Foreign direct investment (FDI) into the ASEAN region grew for the third year in a row in 2018, reaching an all-time high of $155 billion.
Governments across ASEAN have been unveiling incentive packages to attract businesses affected by the US-China Trade War. Some countries have adopted tax breaks and initiatives to improve the ease of doing business, while other countries have focused on expediting business reforms.
These improvements combined with continued industrial development will only further encourage the inflow of FDI to the region. This trend will also extend beyond manufacturing to other industry sectors and is unlikely to lose momentum in the medium-term. There has never been a better time to invest in South East Asia.
In this webinar, Dustin Daugherty introduced the various incentive schemes and improvements in investment environments ASEAN countries have implemented to capitalize on shifting supply chains and rising costs. He then provided a side-by-side comparison of some ASEAN countries’ business environments.
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