ASIA

In Malaysia, Indonesia and Thailand, the demand for electronic accessories has been boosted by the young demographic and the rising affordability of ICT products. Hong Kong electronics suppliers should keep abreast of the latest market developments to capture the opportunities in these ASEAN countries. More

Sri Lanka is transitioning from a predominantly rural-based economy towards a more urbanised economy oriented around manufacturing and services. With the support of the World Bank, the government is carrying out fiscal reforms, improving public financial management, increasing public and private investments, addressing infrastructure constraints and improving competitiveness. More

On 30 June 2019, the EU and Vietnam signed two long-awaited agreements which provide for a significant liberalisation in trade and facilitation of investments between the two trading partners. The ambitious deals are expected to deepen economic relations between the EU and the Southeast Asian country, but could also see increased competition from Vietnam, for those exporting goods from Hong Kong and mainland China. More

The routes to the ASEAN market are diverse and competitive. Hong Kong toys and games exporters need to consider the characteristics of each sales channel, including its location, market reach, management cost and the degree of control. The right retail channel can help suppliers expand their geographical coverage quickly. More