International Business

(NAMEPhilippines and the Southeast Asiatic Economic PictureThe Philippine economic system grew a strong 0 .4 from last year s last of 5 This was mainly attributed to the strengthened bucolic programs industrial exports and dollar remittances from abroad Filipino workers . The growing influx of callinges standardised outsourcing firms and light industries from Ameri wad , European and Japanese companies were product of the investors confidence in the gawky . Philippine peso grew stronger as the exchange rate favoured the peso by 20 against the dollar ADDIN EN .CITE Neri3Romulo NeriPhilippine Economic Reports2007March 4 2008http /network .neda gov .ph /econreports_dbs /SER /SER2006 .pdf (Neri , 2007With all the ten members of the Association of Southeast Asiatic Nations (Indonesia , Cambodia , Thai terra firma , Vietnam , B runei , Malaysia , capital of Singapore Myanmar , Laos and the Philippines ) being rice eaters , mandate to increase the percentage s pastoral production was a must as they do so cooperatively . These neighbouring countries have basically the same economies . Industries such(prenominal) as computers , semiconductors and consumer electronics argon based here due to the broken in wages the southeast asian nationals are receiving from investor companies ADDIN EN .CITE Forbes3ForbesThe McKinsey Quarterly2006March 4 2008http /www .forbe s .com /fdc /welcome_mjx .shtml (Forbes , 2006 . The mainland countries (Thailand , Vietnam Myanmar , Cambodia and Laos , are well above the agricultural sector and exceeds personal production then export looseness for the region s consumption . Malaysia and Brunei are oil rich countries and stick out depend on their own while Indonesia and the Philippines are moment from the Middle East but are the world s largest manufacturing business of cocon uts . The archipelagic nations , Indonesia ,! The Philippines and Malaysia boasts of the best b apiecees promoting their tourism and the richest harvests in the fisheries and aquaculture industries . Singapore has the strongest and steadiest frugal stead for they are the one of the world s pecuniary hubs .

Its ports are the busiest and are the international points of trade even if its land playing field is just a dot on the Malaysian mapSince the guiltless suffered from the Asian financial crisis , the region was mettlesome . Monetary units bash their lowest and prices of commodities were all time high . The idea to set up a common specie for the region came up like the Euro ADDIN EN .CITE Forbes3ForbesThe McKinsey Quarterly20 06March 4 2008http /www .forbe s .com /fdc /welcome_mjx .shtml (Forbes , 2006 . These economic strengths of separately member countries complement each other as they puree to make each economy stronger so as non to affect themManagement Concerns on Investing in the PhilippinesMuch of the manufacturing sectors of the computer and electronic industries are in the Philippines . Investors take prefer of the low wear costs and maximized production as workers go on a full 24 hour manufacturing shiftOur companionship , Silvertronics , a manufacturer of hard disk drives for laptops , consider this situation a study reduction in our production monetary resource . We are likely to put up our assembly agate line here in the Philippines than in the U .SWhat is bothering us is the douse of corruption...If you want to tug a full essay, order it on our website: OrderEssay.net

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