Thailand – Real Estate Sector (TSIC 68): 2024 Snapshot
Executive Summary Thailand’s real estate sector (TSIC 68) represents a foundational pillar of the country’s urban economy, closely linked to infrastructure development, tourism recovery, and capital investment flows. Spanning residential, commercial, retail, and industrial assets, the sector plays a critical role in both domestic consumption and foreign investment positioning. Between 2022 and 2024, the industry […]
Vietnam – Transportation Equipment Manufacturing (VSIC 30): 2024 Snapshot
Executive Summary Vietnam’s Transportation Equipment Manufacturing sector (VSIC 30) represents a specialized yet strategically important segment within the country’s broader industrial ecosystem, covering shipbuilding, rail equipment, aerospace-related manufacturing, and other non-automotive transport equipment. Between 2022 and 2024, the sector experienced moderate contraction in revenue alongside improving operating efficiency, reflecting a transition from project-driven volatility toward […]
Indonesia – Machinery Manufacturing (KBLI 28): 2024 Snapshot
Executive Summary Indonesia’s Machinery Manufacturing sector (KBLI 28) plays a foundational role in enabling industrialization, supporting downstream industries such as automotive, construction, mining, and food processing. As a core pillar of the broader manufacturing ecosystem, the sector is closely tied to Indonesia’s ambition to strengthen domestic production capabilities and reduce reliance on imported capital goods. […]
Malaysia – Short-term accommodation (MSIC 5510): 2024 Snapshot
Executive Summary Malaysia’s short-term accommodation sector (MSIC 5510) represents a core pillar of the country’s tourism-driven economy, directly benefiting from the strong rebound in international travel, infrastructure expansion, and government-led tourism initiatives. Between 2022 and 2024, the sector demonstrated consistent topline growth alongside a sharp recovery in profitability, following a loss-making position in 2022. While […]
Singapore – Air Transportation (SSIC 510): 2024 Snapshot
Executive Summary Singapore’s air transportation sector (SSIC 510) represents a critical backbone of the country’s position as a global aviation hub, connecting Southeast Asia with major international markets. Anchored by world-class infrastructure and leading carriers, the sector plays a pivotal role in passenger mobility, cargo logistics, and regional connectivity. Between 2022 and 2024, the industry […]
India – Scientific Research & Development (NIC 72): 2024 Snapshot
Executive Summary India’s Scientific Research & Development sector (NIC 72) represents a critical pillar of the country’s transition toward a knowledge-driven and innovation-led economy. As industries increasingly rely on advanced technologies, scientific capabilities, and digital transformation, the role of R&D continues to expand across both public and private sectors. Between 2022 and 2024, the sector […]
Thailand – Telecommunications (TSIC 61): 2024 Snapshot
Executive Summary Thailand’s telecommunications sector (TSIC 61) represents a foundational pillar of the country’s digital economy, enabling nationwide connectivity across mobile, broadband, and enterprise communication infrastructure. As digital adoption accelerates, the sector plays a critical role in supporting data consumption, platform economies, and enterprise digitization. Between 2022 and 2024, industry performance reflects a transition from […]
Vietnam – Processing & Preserving of Fruit and Vegetables (VSIC 1030): 2024 Snapshot
Executive Summary Vietnam’s Processing & Preserving of Fruit and Vegetables sector (VSIC 1030) represents a critical bridge between the country’s strong agricultural base and its expanding role in global food supply chains. With abundant raw material supply and increasing integration into export markets, the sector plays a growing role in both domestic consumption and international […]
Indonesia – Mining (KBLI 05, 07, 08): 2024 Snapshot
Executive Summary Indonesia’s Mining sector (excluding Oil & Gas) represents a foundational pillar of the country’s resource-driven economy, supporting global supply chains across energy transition materials, industrial metals, and construction inputs. As one of the world’s largest producers of coal and key mineral commodities such as nickel, Indonesia plays a strategic role in both traditional […]
Malaysia – Animal Production & Aquaculture (MSIC 014 & 032): 2024 Snapshot
Executive Summary Malaysia’s Animal Production and Aquaculture sector (MSIC 014 & 032) represents a strategically important component of the country’s agri-food system, supporting domestic food security, protein supply, and export-oriented production. While agriculture contributes a relatively modest share to GDP (~8% in ASEAN context), its role in stabilizing food supply and trade balance remains critical […]