Canadian companies have business opportunity in Southeast Asian countries to make investment for poverty reduction. Singapore is the important country of Southeast Asia where Canadian companies can operate their business in other countries. Private sector flow through Canadian companies’ foreign direct investment can help in reduction of poverty in Southeast Pacific. Canadian companies can be attracted for Southeast Asia region due to labor pool, stability, opening of new markets, strategic position, natural resources and presence of the international companies. Canadian companies may have additional business opportunities in this region to make free trade agreements with its partners in Southeast Asian countries. Foreign direct investment (FDI) from Canadian companies can create a completion of agreements that may result into improvement in quality of stock and physical capital of host countries. Many potential sectors of region countries can become the attention of Canadian investment. Retailing industry, energy sector, water as well as telecommunication sectors have potential for Canadian companies to make investment. Canadian companies have to overcome the challenges like poor infrastructure, transparency, accountability and commercial laws of host countries. Because, some of the countries, particularly Philippine has different laws for manufacturing of products and environmental matters. However, foreign companies intending to invest in Southeast Asian countries must seek the prior guarantee and protection before becoming a partner of the Canadian companies. The Philippine is ranked as 85 out of the 175 countries, which are indexed in the corruption perception index. Southeast region can become a high growth rate throughout the world; by making investment in women’s enhancement and improvement programs. Southeast Asia region requires more attention from foreign companies for links between demographic changes and investment for employment and skills improvement for female gender.
Martinez-Fernandez C. and Powell M. (2009). Employment and Skills Strategies in Southeast
Asia Setting the Scene. Available from
http://www.oecd.org/countries/bruneidarussalam/45592999.pdf Accessed on 28/11/2015.
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