My Varthagam : Indonesia, Malaysia Lead Way in ASEAN Trade Opportunity: HKTDC Research

MY Varthagam : Indonesia, Malaysia Lead Way in ASEAN Trade Opportunity: HKTDC Research

Consumer markets in Indonesia and Malaysia are emerging as frontrunners among Association of Southeast Asian Nations (ASEAN) countries, according to new research from the Hong Kong Trade Development Council. HKTDC Principal Economist (Asian and Emerging Markets) Dickson Ho provides details about which types of products and segments of the population in those countries are most promising for small and medium-sized enterprises.

Source: HKTDC

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Business Opportunities in Indonesia: the Cleaning Service Industry

As reported by Indonesia Investment

One of the sectors in Indonesia that has posted double-digit growth in recent years and is forecast to continue growing is the country's cleaning service industry. As Indonesia's property & real estate, hospitality and public service sectors have grown significantly amid economic growth, increasing demand for cleaning services has emerged. The Association of Indonesian Cleaning Service Enterprises (Apklindo) stated that turnover in Indonesia's cleaning service sector was IDR 60 trillion (USD $5.3 billion) in 2013 and will grow a further 15 percent in 2014.

General Secretary of Apklindo Tommy Hardjana stated that many investors are still unaware of the future prospects of the cleaning services sector in Indonesia despite large property development (including apartment complexes, office space, hospitals, hotels and malls) that has been evident in recent years, particularly in and around the bigger cities. Currently, there are about 1.5 million cleaning services companies active in Indonesia but due to robust demand, the sector still offers plenty of business opportunities. Moreover, many of these companies are small companies that cannot offer the best professional services as they lack good equipment and skills. Apklindo is planning

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