Companies seeking to enhance their position in Asia could gain significant benefits from looking beyond India and China, and investing in nations like Indonesia and Thailand.

Singapore’s economy is expected to enjoy growth of 15% in 2010, a total that stands at 7% for Malaysia, 6.6% for Indonesia, and at least 6% for both South Korea and the Philippines.

Indonesia is another attractive possibility, as 55% of its citizens are under 30 years of age, and its GDP is expected to increase by 8% in 2011. LG Electronics and Caterpillar have recently taken aim at the country, where Unilever has already established a major presence.

[Read more →]