Asia Investment Round-Up: Philippines Gains Manufacturing Favour
In BMI's new monthly round-up of production investments, we track the latest projects from the production side of the industry and analyse trends that we see developing on a regional basis. In doing so, we hope to build a picture of any potential hubs that may be developing, as well as company strategy in terms of production bases and export programmes. Our latest update reviews investments from June to August 2013.
Dearer Fuel No Threat To Indonesia's Potential
At first glance, the recently legislated fuel price hikes in Indonesia in late June together with the financial markets turbulence in developing countries, would have logically deterred investment in the Indonesian autos market. However, it is our view that while the fuel price hikes will undoubtedly have a negative short-term impact on the market as vehicle sales get hurt, Indonesia still retains medium- to long-term potential ( see 'Fuel Price Hikes: Initial Thoughts', July 1).