Emerging Markets - Highlight
19 July 2017
As the second-most populous ASEAN country with over 100 million people, the Philippines is a consumer market in Southeast Asia holding good sales potential for Hong Kong companies. Strong economic growth and hefty foreign receipts have fuelled consumption in the country, while this archipelago state is gradually transforming into a burgeoning modern consumer market.
Cambodia is experiencing a construction boom, fuelled by substantial investment in infrastructure and real estate. Hong Kong companies engaged in the construction sector and related professional services may find opportunities to participate in Cambodia’s latest construction development, capitalising on their strengths in building as well as managing large-scale public facilities and commercial projects.