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0 1-Mar
21-Mar
10-Apr
30-Apr
20-May
10-Jun
30-Jun
20-Jul
9-Aug
Total Vaccinations
30000
29-Aug
18-Sep
08-Oct
28-Oct
17-Nov
7-Dec
Fully Vaccinated
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19-Mar
6-May
23-Jun
>T"!"#$%%&"'()*+,))"&+)*-./"0102
10-Aug
27-Sept
14-Nov
1-Jan
18-Feb
7-Apr
26-May
13-Jul
30-Aug
17-Oct
4-Dec
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K-/-(3,#$(#.)$("% 17%
51%
32%
15
Fall 2015
26%
53%
21%
5
Spring 2016
27%
51%
22%
5
Fall 2016
26%
Spring 2017 Fall 2017 Spring 2018 Fall 2018 Spring 2019 Fall 2019
Better
>!"!"#$%%&"'()*+,))"&+)*-./"0102
36%
47%
17%
Unchanged
-3
27%
49%
24%
2
25%
48%
27%
30
10%
50%
40%
21
13%
53%
34%
25
13%
49%
38%
8
18%
56%
Worse
-19
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!(#"',#GPRGg#4,C$)(7#"',#.'$/$00$(,%#/,-6%#$(#-/2)%"# -//#1$,/6%#)1#"',#T-//#\]=>#P+4A,?#-(6#$%#)(/?#"$,6#&$"'# AHK WBO Fall 2019 Survey Results (ASEAN) “Good”, “Better" or “Higher" answers in percentage of respondents
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51%
51% 48%
46% 43%
43% 39%
43%
41%
40% 37%
37% 33%
35%
37%
37%
32% 28%
26%
22%
23%
17%
Business Situation
Business Expectation
Economic Development Indonesia
Malaysia
Philippines
Singapore
Investment Intentions
Employment Intentions
Thailand
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=GH&I@C&K9+L,M&/01#12213,&Q,;9#<; T-//#\]=>#A%#P04$(C#\]\] @9;13,;;&K1<96<1"3 51%
good
20% 42% 44%
satisfactory
bad
7% 36%
@9;13,;;&OS2,><6<1"3 59%
better
20% 33%
about equal
worse
40% 8% 40%
O>"3"51>&E,L,#"25,3< 43%
better
16% 49%
about equal
worse
42% 8% 42%
D3L,;<5,3<&D3<,3<1"3; 40%
higher
13% 45%
about equal
31% 8%
lower
38% 7%
no investments
18%
O52#"M5,3<&D3<,3<1"3; 48%
higher
9% 46% 47%
about equal lower
6% 44%
Fall 2019
.-%%,(C,4%#2-$("-$(#%-1,#0'?%$3-/#6$%"-(3$(C#-(6#',-/"'# -(6#%-1,"?#04)")3)/%#8,1)4,#,(",4$(C#-(#,%"-8/$%'2,("B )B"4".J5(.)B>?>77>2&.K&G'.CA&2%5
>B"!"#$%%&"'()*+,))"&+)*-./"0102
Spring 2020
Y-(#4,3$,A,%#mG?+6-m# NC)A,4(2,("#1$(-(3$-/# -%%$%"-(3,O#14)2#-# K-4-(C-?#.,4%)((,/ )B"4".J5(.)B>?>77>2&. K&G'.CA&2%5
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Demand
69% 49% 45%
Economic Policy Framework 22%
Financing
37% 28% 23%
Trade Barriers
26%
Labor Costs
20% 29%
Exchange Rate
Legal Certainty
Lack of Skilled Workers
Energy and Commodity Prices
Infrastructure
W2;+*F%+*F%Y<*+*D<*@S R+<*%P<?E?%+*F%#:+,,2*@2?%T')% A:2%Z<DE%!,'U+,%HD'*';J ^$%@%#1)4#"',#,3)()2?#6+4$(C#"',#-6A,("#)1# "',#0-(6,2$3#2-?#%,,2#")#/))@#"',#%-2,# 14)2#04,50-(6,2$3#1$C+4,%B#H)&,A,47#-# ()"$3,-8/,#$(34,-%,#$(#6,2-(6#Nd>cO#-(6# 1$(-(3$(C#N[fcO#3)("$(+,#")#0+"#04,%%+4,#)(# C)A,4(2,("%#&)4/6&$6,#")#%-A,#"',$4#4,%0,35 "$A,#$//#,3)()2$,%B#
19% 22% 14% 33% 14% 17% 12% 11% 9% Fall 2019
Spring 2020
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48%
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42%
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83%
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41%
52%
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Y,-(&'$/,7#"',#R+4)U)(,#04,6$3"%#-#3)(%,4A-"$A,# -004)-3'#&',4,#-/2)%"#'-/1#)1#"',$4#4,%0)(6,("%# 04,6$3"#"'-"#-#%+%"-$(,6#4,3)A,4?#&$//#'-00,(#$(#\]\\B B06+<&!DD
=GH&I@C&K9+L,M&Q,;9#<;&K2+13A&()(% ^,3)A,4?#RV0,3"-"$)(%#NJ)4/6&$6,O Eastern / South Eastern Europe ( excl. EU, RU, TR)
22%
37%
North America
44%
Other EU, Switzerland, Norway, UK
30%
Eurozone
30%
Greater China
24%
Africa, Near and Middle East
23% 30%
35%
45%
24%
47%
21% 26%
31%
South and Central America
>G"!"#$%%&"'()*+,))"&+)*-./"0102
37%
64%
Asia-Pacific (excl. CN)
World
35%
8%
47% 40%
21% 34%
43%
28% 43%
2021
25%
2022 After 2022 Never
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9)2$(C#$(#-"#-#%,3)(6#0/-3,7#"',#&)4/6#&-%#,V0,4$,(35 $(C#2-%%$A,#3-(3,//-"$)(%#)(#"4-6,#1-$4%#-(6#,A,("%#-%# 0+8/$3#C-"',4$(C%#&,4,#%,,(#")#0)%%,%%#-#'$C'#-2)+("# )1#4$%@#$(#%04,-6$(C#"',#A$4+%B#!(#"',#.'$/$00$(,%7# ,A,("%#'-A,#8,,(#-//#6)(,#)(/$(,#-(6#'-A,#-6-0",6# &,//#3)20-4,6#")#"',#4,%"#)1#"',#&)4/67#')&,A,47#$"#$%# ()"-8/,#"'-"#)A,4#-#'-/1#)1#"',#4,%0)(6,("%#%-?#"',4,#$%# /,%%#6,2-(6#1)4#04)6+3"%#-(6#%,4A$3,%B
#!(#"',#.'$/$00$(,%7#"',#3)+("4?#2-?#%"$//#3)("$(+,#")# %"4+CC/,#14)2#"',#"'4,-"%#84)+C'"#-8)+"#8?#2-L)4# )+"84,-@%#6,%0$",#"',#$20/,2,("-"$)(#)1#'-46#/)3@5 6)&(#2,-%+4,%B#K+%$(,%%,%#-/%)#'-A,#")#-6L+%"#$(# "',#,A,453'-(C$(C#%"4$3"#',-/"'#-(6#%-1,"?#04)")3)/%# &'$3'#3-(()"#8,#,-%$/?#-(6#$22,6$-",/#-6-0",6#8?# 2)%"#8+%$(,%%,%B#
04)L,3"$)(%#$(#"',#4,C$)(#&$"'#)A,4#bfc#%-?$(C#"'-"# 4,3)A,4?#&$//#'-00,(#"'$%#\]\=B Y)%"#4,%0)(6,("%#$(#"',#.'$/$00$(,%#-4,#+(3,4"-$(#-%# ")#,$"',4#"',?#&$//#,V0,3"#-#4,3)A,4?#$(#\]\\#Na`cO#)4# ,A,(#-#/)(C,4#"$2,#Na\cO#&$"'#-#()"-8/,#(+28,4#)1# )(/?#>c#,V0,3"$(C#4,3)A,4?#$(#\]\=B
Y)4,#%)7#)00)4"+($"$,%#1)4#4,3)A,4?#%'-//#,A,("+5 -//?#8,#6,/-?,6#-(6#3-"3'$(C#+0#&$"'#"',#4,%"#)1#"',# &)4/6#-%#"',#3)+("4?#%'-//#',-A$/?#4,/?#)(#"',#,D)4"%# -(6#0/-(%#)1#"',#(,V"#-62$($%"4-"$)(B#
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26%
Malaysia
26%
Philippines
52%
19%
63%
9%
11%
48%
42% 2021
Singapore
36%
52%
12%
2022 After 2022 Never
Thailand
18%
60%
Vietnam
Region
21%
57%
29%
30%
51%
14%
20%
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