Quote:
Originally Posted by bushfiredmx
Another thing is with the low cost of labor that the far east is offering to the western world, a lot of Shared service center/ Business Process outsourcing offices for big multinational companies (such as SHELL, CHEVRON, G.E, etc) are being opened in Asia. For example in Malaysia, Singapore and even the Philippines. This is quite a boost to the regions economy since it brings more dollars to the continent and it helps to sustain economic growth in the region.
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we all aware that this week showed a major dropping of asean stocks except few like Nam. still it's a long way to go as now only January but i heard from reliable source, asean we be having a saturated economy this year. man that's a scary rumor