PRODUCTION BASE

10 October 2019

Mexico’s Ministry of Economy unveiled earlier this month a new national industrial policy at the first business meeting for the integration of productive chains held in Queretaro. Undersecretary of Trade and Industry Ernesto Acevedo noted that this new policy aims to increase the domestic content of Mexican exports in order to promote a diversified, innovative and inclusive industry that strengthens the domestic market. More

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Practical Tips for Manufacturing in Bangladesh

23 September 2019

Given its large pool of low-cost labour and its status as a major beneficiary of GSP schemes, Bangladesh is an ideal location for Hong Kong manufacturers - especially those in labour-intensive industries - looking to diversify their production base. However, despite the cost advantages, manufacturers should not overlook issues regarding labour, logistics and locations. More

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Practical Tips for Manufacturing in Cambodia

08 July 2019

Strategically located in the centre of Southeast Asia, Cambodia is one of the practical options as an alternative production base in the region. In recent years, the accelerated infrastructure development and favourable investment regime have boosted foreign investment inflow to the country. Looking ahead, potential investors should be aware of the rising labour costs and the risk of withdrawal of its preferential export access to some developed countries. More

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Russian Far East Opportunities: Manufacturing Investment

07 March 2019

The Russian Far East District (FEFD) boasts rich natural resources, abundant land, an upgraded infrastructure, and unfettered access to EAEU markets covering a population of 180 million. It can also offer generous fiscal incentives after the Russian government declared it the “national priority for the entire 21st century”. All this has helped it become an increasingly attractive manufacturing investment destination, which should be of interest to Hong Kong manufacturers and investors. More

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The Philippines: The Prospect for Manufacturing Relocation

05 June 2017

The Philippines as a manufacturing base enjoys a distinct edge compared with other relocation hotspots in Southeast Asia: its English-speaking workers, who are both skilled and trainable. This presents an attractive option to foreign investors confronted with the challenge of labour management and training in alternative production bases. More

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Doing Business with India: Contrasting Business Environments of Eastern and Western States (1)

26 April 2017

India is a federal country of 36 states and union territories, each of which has its own unique socio-economic environment and set of government policies. This article contrasts the business environments of the eastern and western states, and finds that cities in Western India are an easier gateway for foreign businesses to enter this extremely populous market. More

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Doing Business with India: Contrasting Business Environments of Eastern and Western States (2)

26 April 2017

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Cambodia: SEZs in Focus

12 April 2017

In search of a location to set up production plants in Cambodia, Hong Kong manufacturers should consider one of the special economic zones (SEZs) scattered across the country, such as the Phnom Penh SEZ and the Sihanoukville SEZ, so as to benefit from better logistics and administrative support, along with investment incentives offered by the Cambodian government. More

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Doing Business with India: Opportunities Arising from GST Reform

29 March 2017

India’s Goods and Services Tax (GST), a key policy initiative passed in August 2016 and expected to be implemented in the second half of 2017, is regarded as a landmark economic initiative since the Big Bang reforms introduced in the early 1990s. In replacing many inefficient indirect taxes, this new national GST system will make a big stride into unifying India into a single market, creating new business opportunities. More

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Cambodia: Manufacturing Relocation Opportunities (2)

17 March 2017

With production costs rising in China, manufacturers are looking at less costly places to diversify their factory investment, in particular to the ASEAN-CLMV countries. Cambodia, with its preferential trade access to major developed countries and relatively stable economic performance, could potentially play a bigger role in the increasing integrated regional supply chain, despite lingering concerns over soaring labour costs and backward infrastructure. More

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