Thursday, August 04, 2005

JETRO and KWR International: Asia is the best bet for business

Because of the political hullabaloo, countless commentaries focusing on the hapless state of the country have been floating around.

There are two ways to actually to view the country; for a pessimist one needs to only look at the insulated bleak state of the Philippine government, for the optimist, one only needs to look outward and seek its prospects.

However, there are catalytic underlying developments around the world today that have dominated economic realities such as the increasing trend of seamless barrier interactions which has its own ripple effects such as increased trade, global capital flows, deepening of the financial markets, outshoring/outsourcing phenomenon among others … As Japan’s Jetro and KWR International writes in the Asia Times….

``Despite the political, social, economic, demographic and other challenges that exist in Asia and Japan itself, it is clear the region represents an increasingly attractive and important component of global markets, which internationally focused corporations and investors neglect at their own risk. Those who focus solely on the risks will surely miss out on the many opportunities for enrichment afforded by Asia's large population, its ongoing industrialization and urbanization, and its increasingly affluent middle class.”

To read on the entire article simply click on this link:
http://www.atimes.com/atimes/Japan/GH02Dh01.html

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