Dr. Izmi Rajiani

Dr. Izmi Rajiani

New Business Landscape in Asia (Tends and

Opportunities)

Today Agenda

• Introduction• Understanding Trend• Why Asia?• ASEAN ECONOMIC COMMUNITY 2015• GROUP PRESENTATION: TREND &

OPPORTUNITY IN AEC 2015• QUESTIONS AND ANSWERS

Business is about understanding

TRENDS and CHANGES!

BOTH are FAMOUS

How long does it take a country to double it economic output?

The British = 58 years

America = 47 years

Japan = 33 years

Indonesia = 17 years

South Korea = 11 years

China = 10 years

You cannot get good grade in examination by luck. It requires hard work and

intelligence! The same thing in economic performance!

ASIA AT ONCE

ASIA ACHIEVEMENT IN THE WORLD

Samsung vs. Apple

2-32

The World Economy—An Overview

• The new realities:– Capital movements have

replaced trade as the driving force of the world economy

– Production has become uncoupled from employment

– The world economy, not individual countries, is the dominating factor

2-33

The World Economy—An Overview

The new realities, continued:• 75-year struggle between capitalism and

socialism has almost ended• E-Commerce diminishes the importance of

national barriers and forces companies to re-evaluate business models

“The rise of the West transformed the world… the rise of Asia will bring about an equally significant transformation.”

Professor Kishore MahbubaniThe New Asian Hemisphere: the irresistible shift of global power to the East, 2008

The East is overtaking the West by adapting Western methods

Why Asia Progress Now ?

Asians have finally figured out, the seven pillars of Western wisdom that enabled the West to succeed

Seven Pillars Westerns Philosophy

Free market economics

Science and technology

Meritocracy

Pragmatism

Culture of peace

Rule of law

Education

What have you known about…

Watch the following video about EEC 2015 then make summary !

8 professions to face tough competition

• doctors, • dentists, • nurses, • engineers, • architects, • accountants• surveyors,• workers in the tourism

trade (receptionists, laundry attendants, tour guides, cleaners and more)

Business Model

Old assumption needs adjustment

Students require global competences:

• Knowledge of other world regions, cultures & global issues

• Skills in communicating, working in cross cultural environments and using information sources from around the world

• Values of respect and concern for other cultures and peoples