atans1

Go NE Asean, Young S’porean

In Indonesia, Vietnam on 25/09/2018 at 4:31 am

A report by worldwide management consulting firm McKinsey & Company released on Sept 14 found that eight out of 18 of the world’s best-performing emerging economies — including Cambodia, Laos, Indonesia and Vietnam — are in South-east Asia. These economies averaged at least 3.5%  annual per capita gross domestic product (GDP) growth over 50 years, or 5 per cent annual growth over 20 years.

But be warned Cambodia and Laos is bandit country: you can get killed by unhappy biz rivals. Vietnam is a lot safer.

Indonesia? A country of the future. But it has always been like that.

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