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Showing posts with the label AEC 2015

Indonesia’s IT industry gears up for AEC 2015

With the implementation of the ASEAN Economic Community (AEC) due this year, competition in the IT industry is set to intensify. Will Indonesia’s IT sector thrive under these conditions? Jeffrey Bahar, Deputy Chief Executive Officer of Spire Research and Consulting, shared his insights in Kompas News – a leading newspaper in Indonesia. Personal computer (PC) shipments, tablet computers, ultra-mobile and mobile phones are expected to reach global sales of 2.5 billion units in 2015 – a rise of 3.9% in comparison to 2014. While PCs are still growing in developed markets such as the US, weak growth of PC’s in developing markets is attributed to strong demand for smartphones and table computers. Nonetheless, the IT industry in Indonesia will continue to charge ahead. Bahar highlighted that the highest sales in Indonesia are seen in tablet computers and smart phones. Within ASEAN, Indonesia offers the greatest market opportunities for consumer IT. The nation is expected to reac

AEC 2015: all set for manufacturing, lagging on services

The ASEAN Economic Community (AEC) aims for regional economic integration this year. What implications will it have on the burgeoning ASEAN business environment? Leon Perera, Chief Executive Officer of Spire Research and Consulting, shared his insights in the Asian version of Japan’s Nikkei newspaper. As the Association of Southeast Asian Nation (ASEAN) countries liberalize trade in line with AEC goals, the ASEAN economic landscape is changing. Many of the goals of the AEC in terms of liberalizing trade in goods have already been realized ahead of the 2015 deadline. This has helped to build up a positive momentum for the AEC project. This will also stimulate some restructuring of manufacturing activities in the region going forward. However the progress towards AEC goals in terms of freeing up human resources and services is lagging. It will take some years after 2015 before these are realized, due to the greater sensitivity of changes in these spheres. However, Perera ca