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ASIA: "ASEAN's auto industry possesses huge potential (Jan. 2015)" Analyst Note

ASIA: "ASEAN's auto industry possesses huge potential (Jan. 2015)" Analyst Note. 2-page Note by PwC Autofacts.

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eJournals - global automotive industry news

ASIAtalk eJournal

ASIAtalk eJournals assist automotive suppliers in succeeding in the Asian automotive industry.

June,  2017

WardsAuto: Vietnam Playing Catch-Up in ASEAN Auto Sector
Vietnam faces tough going as it works to develop an upstream auto-parts manufacturing base, and meanwhile, regional liberalization through the ASEAN trade bloc is threatening the country’s vehicle-assembly segment.In many ways, it is cr (...)
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India: PE investments in auto parts up 607% in the first five months of 2017
Chennai: Private equity investment in the automobile component sector rose 607 per cent to $90.2 million in the first five months of this calendar year, over the same period last year.Merger and acquisition (M&A) deals in the sector (...)
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Chinese automakers launch a global offensive via emerging Asia
Success at home counts for little when it comes to challenging established players abroadTo get an idea of just how dramatically Asia's auto industry is changing, one need only look at Southeast Asia and India, where Chinese newcomers are (...)
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Autos/Trucks: China Auto Demand Stable in April (May 2017 report)
China auto registrations declined 2% yoy in April, consistent with retail sales data released earlier this month. China auto market remains stable despite some concerns that demand would fall-off after change in vehicle tax to begin 2017. We believe (...)
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Indonesia's auto industry looks Down Under for an export boost
Australian plant closures offer a chance for a foothold in the untapped market.When Indonesian President Joko Widodo met Toyota Indonesia's then-Vice President Warih Andang Tjahjono recently, one of the main topics of discussion was the c (...)
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Robots take over jobs in China's auto plants
Carmakers' reliance on automation and latest technology is driven by competition and the need to cut costs.Even a decade ago, car manufacturing in China was still a fairly low-tech, labour-intensive endeavour.Thousands of work (...)
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Chinese-German cooperation blossoms in auto, tech
Corporate partnerships surge, seen as a response to Trump era.Major Chinese and German companies are forming strategic partnerships in wide-ranging fields as the former seeks access to cutting-edge technologies while the latter sets sight (...)
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Make-in-India Lessons: Why Are Vietnam’s Electronics Exports Ten Times That of India’s?
Foreign firms are the growth engine for Vietnam’s high-technology exports, which reached 27% as a percentage of its total manufactured exports in 2014.Its population is less than one-tenth of India’s and so is its gross domestic produ (...)
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Vietnam Is Losing Economic Ground To China Due To Lack Of High-Skilled Workers
Vietnam has grown at an average 6.2% per year since 2000, gaining fame worldwide as a go-to place for export manufacturing, largely because of cheap labor. The minimum wage in Hanoi and Ho Chi Minh City is just 3.9 million dong ($172) per month. But (...)
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China’s Belt and Road Initiative: Managing Risks and Disputes
President Xi Jinping reaffirmed China’s commitment to the Belt and Road Initiative during a recent trade summit of world leaders held in Beijing. Xi pledged an investment of up to $78 billion for countries touched by the Belt and Road Initiative, w (...)
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Politics, Power, and Change: What’s Next for ASEAN
KPMG and Eurasia Group present a forward-looking analysis of the rising geopolitical risks and trends that will affect government, regulation and policy in ASEAN – and the exciting new opportunities evolving in key sectors such as financial service (...)
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China customs violations and how to avoid jail time
An article from CBCNews, entitled, B.C. winery owners facing life in Chinese prison for smuggling, shows how risky it can be to get on the wrong side of China’s customs service. The article is on a Canadian couple facing a long jail term in China (...)
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Working with Indians: 12 Things You Need To Know
India is a land of great diversity, contrasts and complexity. Its diversity spans geography, languages, religions, castes and classes. There is a North-South divide as well as regional divides along cultural and language lines. Business practices may (...)
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Investing in Asia: Ample Opportunity for Those Who Look
The political shakeup over the past 18 months or so has led to many questions around global trade (or the retreat from it), investment, and more broadly, the global macroeconomic environment. However, amidst all the changes that have been witnessed, (...)
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China's factory inflation cools again in May as commodity prices ease further
China's producer price gains moderated following further easing in commodity prices, signaling weaker overall inflation pressure in the pipeline.Producer price index rose 5.5 per cent in May from a year earlier, compared with an estimated (...)
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Japan Enacts Rules to Expand Tax-Free Re-organizations in 2017 Tax Reform
New legislation concerning tax-free reorganizations, one of the most notable changes in the Japanese government's proposal for the 2017 tax reform, has been enacted. Under the new legislation, passed on March 27, 2017, the scope of transa (...)
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India Manufacturing Barometer: Standing strong
The report, based on a survey conducted by FICCI and PwC Strategy&, presents the expectations and opinions of major manufacturers on key facets related to the sector, with a special focus on its preparedness for Industry 4.0.To downlo (...)
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The Deloitte Global Chief Procurement Officer Survey 2017
Growth: the cost and digital imperative.Growth ambitions are high in an uncertain market, the pace of change and increased uncertainty requires superior levels of funding. Defensive strategies being implemented by Chief Financial Officers (...)
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An animated look at how Asia has changed over 50 years
As economies took off, the region's people began to live longer.Asia has changed considerably since the Association of Southeast Asian Nations came together as a political bloc in August 1967. But how can we get a sense of the pace and di (...)
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India: Advance Pricing Agreement Survey Report 2017
KPMG in India announces the release of their Advanced Pricing Agreement (APA) Survey Report 2017. This is the first of its kind survey which attempts to collate an all-round perspective about APA from taxpayers and the Central Board of Direct Taxes ( (...)
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Singapore, Myanmar to explore more tie-ups for firms in areas like urban solutions, transport & logistics
International Enterprise (IE) Singapore signed a memorandum of understanding (MOU) with the Myanmar Investment Commission (MIC) on Thursday (June 8) that will open doors for more Singapore companies to explore collaboration in urban and housing solut (...)
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Chinese Cleantech Market Report (May 2017)
China has emerged as both the world’s largest producer and consumer of clean technologies, while the country’s investment in clean technology and renewable energy has exceeded the combined total invested by Europe and the US. With a commitment to (...)
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83% of Indians give thumbs up to country's econom: Pew survey post demonetisation
New Delhi: Indians have the most positive view of their economic situation in the developing world, says the annual Pew Research Centre survey of global economic attitudes.Even compared to the citizens of rich countries, Indians are near (...)
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The digital future of manufacturing: Are Asian manufacturers ready?
Industry 4.0 is characterised by the interconnection of highly intelligent cyber-physical systems, to create the “Internet of Things”. Today, it is changing the face of manufacturing globally, promising increased productivity, lower costs and gre (...)
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Automation leaves one in five Asians concerned about job security
Nearly one in five (17.3%) employees in Singapore, Hong Kong and Malaysia fear that automation will take their jobs away, according to Randstad’s Employer Brand Research.Singapore (19%) and Hong Kong (20%) employees held the highest fea (...)
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Vietnam Pocket Tax Book 2017
The information in this booklet is based on current taxation regulations and practice including certain legislative proposals as at 1 March 2017.This booklet is intended as a general guide. Where specific transactions are being contemplat (...)
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India 'bright spot' for global steel output growth: report
India is being seen as a bright spot for the growth in global steel production, supported by government’s push to augment capacity and demand from the construction, automotive and infrastructure sectors. Tata Steel Ltd and Steel Authority of India (...)
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Singapore inks pact on corporate tax avoidance
Singapore has signed an international convention to implement measures to clamp down on corporate tax avoidance.Ms Sim Ann, the Senior Minister of State for Trade and Industry, signed the Multilateral Convention to Implement Tax Treaty Re (...)
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More than 1.17 crore people skilled under Ministry of Skill Development and Entrepreneurship programmes
Marking the completion of three years of inclusive growth and development under the NDA government, Minister of State (I/C), Ministry of Skill Development and Entrepreneurship Shri Rajiv Pratap Rudy said that his Ministry has trained more than 1.17 c (...)
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Taiwan grapples with 'talent shortfall'
Up to 30,000 professionals leave each year, lured by better pay in places such as S'pore and China.Hard pressed to find a new job in Taiwan that would pay better and grant more days off, radiographer Chang Chia Ling decided to look beyond (...)
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