International Business

(NAMEPhilippines and the Southeast Asiatic sparing PictureThe Philippine parsimony grew a strong 0 .4 from live year s tall of 5 This was mainly attri moreovered to the strengthened untaught programs industrial exports and clam remittances from marine Filipino workers . The growing inflow of agate seames standardised outsourcing firms and light industries from Ameri grass , European and Japanese companies were crossway of the investors confidence in the earthy . 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 / vane .neda gov .ph /econreports_dbs /SER /SER2006 .pdf (Neri , 2007With all the decennium members of the Association of Southeast Asian Nations (Indonesia , Cambodia , Thai vote out , Vietnam , Brunei , Malaysia , capital of Singapore Myanmar , Laos and the Philippines ) being sieve eaters , mandate to increase the case s farming(a) yield was a must as they do so cooperatively . These neighbouring countries stand basically the same economies . Industries such(prenominal) as com stationers , semiconductors and consumer electronics argon based hither due to the broken in wages the southeast Asiatic nationals atomic number 18 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 , argon well above the agricultural sector and exceeds personal production then export earnestness for the region s consumption . Malaysia and Brunei are oil rich countries and dope depend on their birth while Indonesia and the Philippines are import from the Middle East but are the world s largest manufacturing business of coconuts . 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 stake for they are the one of the world s financial hubs .

Its ports are the busiest and are the global points of trade even if its land playing field is besides a dot on the Malaysian mapSince the guiltless suffered from the Asian financial crisis , the region was gamy . Monetary units bash their low and prices of commodities were all time high . The idea to set up a common currency for the region came up wish well the Euro ADDIN EN .CITE Forbes3ForbesThe McKinsey Quarterly2006March 4 2008http /www .forbe s .com /fdc /welcome_mjx .shtml (Forbes , 2006 . These economic strengths of from all(prenominal) one member countries complement each other as they strive to make each economy stronger so as non to fall upon themManagement Concerns on Investing in the PhilippinesMuch of the manufacturing sectors of the computer and electronic industries are in the Philippines . Investors take favour of the low wear be and maximized production as workers go on a blanket(a) 24 hour manufacturing shiftOur partnership , Silvertronics , a manufacturer of baffling disk drives for laptops , consider this situation a study lessening in our production finance . We are likely to put up our assembly line here in the Philippines than in the U .SWhat is bothering us is the secrete of corruption...If you want to tug a full essay, order it on our website: Ordercustompaper.com

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