Entrepreneurship in the Mekong Region: Opportunities in Thailand

As the current inundation indicates, Thailand’s economy (which is now rated by the World Bank as being in the upper middle class bracket) remains dismayingly volatile to events in the external environment. There is the climate and its seemingly inevitable changes, as well as the financial crisis caused by greedy banksters and their crony politician pals, the kinds of problems and scandals that discourage tourism and so forth. The government, whenever it gets the chance to turn off (however briefly) from crisis mode, is urgently trying to come up with and implement ways of developing the domestic economy and reducing the reliance on the outside world – the Chinese government is also doing the same thing but from somewhat different starting conditions.

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Entrepreneurship in the Mekong Region: Thailand

At the time of writing, October 11th, 2011,most of central Thailand is flooded and Bangkok is threatened with the same fate over the next week, until the high-tide on the 15th, at least. As of yesterday, 261 people had been killed and more are expected. Then there is the economic cost: countless rai of paddy field rice have been ruined and numerous other agricultural areas inundated. Over the last couple of days, the levees in Ayutthaya were breached and the Rojana Industrial Estate is under up to 5 metres of water and more than 500 factories have had to stop work.

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Entrepreneurship in the Mekong Region: Opportunities in Cambodia

As Cambodia is entering into the factory age, there are clearly opportunities available in providing inputs for manufacturing, in addition to investing in factories themselves. At this early stage of economic development, there is a general lack of technical capacity and therefore a wide range of needs for training, management development, consultancy and research. To be successful in one of these fields, it is likely to need a local presence and a degree of local knowledge and awareness.

Some people will want to take management classes, and a resource for learning more is http://www.businessmanagementdegree.

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Entrepreneurship in the Mekong Region: Cambodia

It is going to take a long time for Cambodian society to recover from the depredations of decades of civil war, the Khmer Rouge rule, invasion and occupation and all the other troubles the suffering Khmer people have had to suffer. However, life does go on and, in recent years, Cambodia has entered into its own version of the Factory Age with workers being drawn into establishments manufacturing garments, primarily, with some other products also beginning to be made.

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Entrepreneurship in the Mekong Region: Opportunities in Laos

Currently and for the next decade or so, Laos is going to be a market which requires either a long-term perspective or the willingness to operate on a small scale. Neither of these factors would appear to be hugely compelling for an ambitious entrepreneur but, in the Mekong Region, the majority of businesses are organized and operated at the micro level. Operating at a small scale, in fact, can be an unavoidable but also reasonably attractive proposition for many people.

Online business programs are an option for those who want to learn more about business.

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Entrepreneurship in the Mekong Region: Laos

Laos remains one of the poorest countries in Asia: it has been handicapped in the attempt to achieve economic development by the low density of population, the very difficult terrain (much of which is mountainous and forested) and by the land-locked nature of the country – it has become well-known that lack of access to a good seaport has become a serious negative effect for a country that wants to achieve development.

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Entrepreneurship in the Mekong Region: Opportunities in Vietnam

As mentioned in the previous article, Vietnam is replete with attractive and good quality natural resources which have yet, in general, to be brought to market in a consistent and timely way with added value features. Coffee, for example, has become one of the principal exports, owing to climatic features and the coffee drinking culture in the country bequeathed in part by the period of French colonialism.

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Entrepreneurship in the Mekong Region: Vietnam

Vietnam is a rapidly industrializing country which is undergoing all of the creative destruction that such a process entails. This includes huge changes in society and economy. The mode of industrialization is through entry into the factory age: low labour cost competitiveness, export-oriented mass manufacturing relying on foreign investors to provide capital and know-how.

Those who want to educate themselves about business can learn about online business schooling from www.GuidetoOnlineSchools.com.

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Entrepreneurship in the Mekong Region: Opportunities in Myanmar

Many if not most entrepreneurs going to Myanmar have at least half an eye on the exploitation of the rich resources still remaining in that country. Burma was famous historically for its rich deposits of jade and precious gems, as well as the hardwood forests that now appear even more precious after neighbouring Thailand has been almost entirely deforested.

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Entrepreneurship in the Mekong Region: Myanmar

At the end of the Second World War, Myanmar [then known as Burma] was the richest country in the Mekong Region, albeit that a substantial portion of that wealth was managed by and for the colonial British masters. Now, after decades of predatory misrule by the military junta, Myanmar has become the poorest and most miserable countries not just in the Mekong Region but the whole world.

People who want to learn about how to improve Myanmar’s financial situation may choose to look into information via www.financedegreeonline.org.

Read the full article here.