Japan continues to be one of the biggest retail markets in the world. In fact, it is the second biggest market with more than 127 million consumers worldwide. While China remains to be the marketing giant with tons of factories worldwide, Japan is considered to be responsible for more than 55% of the whole Asian retail market. The country is also responsible for the highest demand for food importations.
Vietnam is an emerging market that is full of business potential. Even though it has its fair share of challenges that any typical emerging market faces in the region, it has fared well in terms of doing business.
For the last six years in a row, Korea has been the Philippines top international tourist generating market. In 2006, Koreans took the number one spot both in tourist arrivals and foreign investment in the Philippines. By 2015, more and more top Korean businesses are looking at the Philippines as a viable place to distribute their products.
Thailand is the second-largest economy in Southeast Asia after Indonesia. Its capital, Bangkok – also the country’s most populous city – is a commercial hub in Asia with a thriving retail market for Thai residents and overseas visitors. As such, Thailand has attracted many multinational retailers alongside a high penetration of local brands.
More and more people learn German. In fact, there are about 15.4 million children, young people and adults worldwide that knows the German language.
With an expanding middle class and a sizeable young population, along with flourishing tourism, Vietnam’s retail market has thrived and attracted a host of international brands eager to grab a slice of the growing market.
Visiting the European continent is a dream for many people. Fortunately, Filipinos can visit most of the countries there with just a single visa application, called the Schengen visa. Among them is the country of Portugal, which hosts around 3,000 Filipinos, mostly working in the service sector.
Malaysia is one of the countries in South East Asia that legalizes gambling, except for online casino games. In fact, there are four cities in the country that has legal gambling facilities. Malaysia is home to a single casino, three turf clubs, and numerous off track betting facilities. The casino, Resorts World Genting, is one of the ten biggest casinos in the world.
Despite the sharp drop in revenue in mainland China, experts remain positive towards the growth of the local casino industry this year. Earlier this year, gaming income across the country dropped sharply due to the nationwide alert against corruption by the Chinese government.
Koreans in the Philippines are considered the largest Korean community residing in the whole of South East Asia. Such immigrants are now owners of real estate properties in the country. It is estimated that almost a hundred thousand are living in Luzon, mostly in Manila.