Sustainable investment has grown significantly in Indonesia over the last decade as more investors are concerned about sustainability challenges. In line with this global trend towards sustainability and Indonesia’s goal to stimulate sustainable business, the Indonesian Ministry of Investment/Investment Coordinating Board (BKPM) has developed a Sustainable Investment Guide, which serves as a starting point for business innovation and consumer demands for more sustainable economic practices.
The 37th Trade Expo Indonesia (TEI) 2022 is the largest trade event, and this year will be held in a hybrid format. There will be product exhibitions, trade forums, business matching, business counseling, and international business forum, as well as the signing of trade agreements between suppliers and buyers. TEI will feature 7 main categories, namely Manufactured Products, Fashion & Accessories, Health Care & Beauty, Medical Equipment, Furniture & Home Decor, Food & Beverage Products, Digital, and Services.
The 37th TEI 2022 will be held from 19th to 23rd October 2022 with the face-to-face format (offline) and from October 19th to December 19th, 2022, virtually (online).
On the 29th of September we will hold a new Thursday Coffee with Mr. Emilio de Miguel, Director of Casa Asia’s Centre in Madrid and Ambassador-at-Large for the Indo-Pacific, who will speak on “Does the EU have a place in the Indo-Pacific? The seminar will be exclusively for Asempea members.
Today, January 7, 2020, in our Association’s headquarters, took place a Talk-Colloquium about “CULTURE AND PROTOCOL IN THE WAY OF DOING BUSINESS IN THE ASEAN”, with the participation of Mr. Carlos Gastón, representative of BBVA in South-East Asia for more than twenty years.
The Talk focused on the Asean countries’ specific features that all companies should take into account when doing business in these countries, as well as on the business opportunities the latter offer to Spanish companies throughout this year.
Today, December 12, in our Association’s headquarters, we held a business meeting on “INCOTERMS 2020”, given by Mr. Cesar Jiménez, of Kerry Logistics.
The presentation focused on the different types of Incoterms, the main differences between the Incoterms 2010 and the new Incoterms 2020 and, finally, on how importers, exporters, logistic companies and custom companies will be affected by the latter.
Caixabank has just published the Third Edition of its Index for Business Internationalization (ICIE 2019), an Index in which this Spanish bank examines 67 countries from the perspective of five keys that in its opinion are essentials for any internationalization process, such as: accessibility, commercial attraction, financial environment and stability. Yet in this latter case, it does not point out whether this stability is either political or legal, and does not mention security, as important as stability.
According to the results of this search, if we take into consideration first the different regions, we see that Southeast Asia is fourth in the rankings, after Western Europe, Eastern Europe, Central and Western Asia and the Americas; and if we take into account afterwards the different countries, we observe that Singapore is ranked 35, Thailand 48, Malaysia 49, Indonesia 51 and Vietnam 52, between France, the United Kingdom and the United States in the first three places, and Equatorial Guinea, Angola and Sri Lanka in the last three.
It is noteworthy that the Philippines does not appear in this list, despite the important ties that this country and Spain maintain on a regular basis; and that the places of Thailand, Malaysia, Indonesia and Vietnam are, if not at the bottom of the list, at the lower part of it. There is obviously room for these countries to improve their current ranking and at least reach India, which is in the middle of the list, given the potential of their economy, their present levels of growth and the progressive interest of Spanish companies for them.
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