Asia Networked For The Future.

As we the UK contemplate our navel, willingly break each other apart. Content for the EU over some ideological dream, to destroy hope for millions of Europeans as they fight to bring each other to the economic abyss. 

There is a whole new world emerging, taking shape, technology advanced, savvy, progressive, forming alliances and unions, cohesive partnerships that trade freely in a form of regional globalization. A part of the globe that has for over 50 years invested in a sociable manner to advance their neighbours fortunes.  I'm speaking of course of Asia North, South, East, West and Southeast. Not an ivory tower in sight, not one unelected bureaucrat in sight governing the collective. 

Growth has come through stability through neighbourly investment in waves as each has prospered. Wave 1 Japan and Korea funded the development for wave 2, China, Hong Kong, and Taiwan. Together they funded wave 3, South and Southeast Asia. 

The significance of all of this is; wave 1 brought 250M people to an economic, technology-driven wave 2 At the time a little over 1Billion entered the economic cycle of life. Wave 3 opens the way for 2.5Billion.  Not a regulation in sight, no ideology harnessing individual creativity, just good old economics. 

As America looked inward, Europe went about oppressing its citizens Asia pushed on achieving phenomenal growth 10 times that of the US, 70 times that of the Eurozone. PWC claim four of the top five global economies will be Asian all technology-driven, by 2030 they will be Asian economies. They also claim the UK will overtake Germany as Germany falls victim to the EU dogma.

Asia’s home to evolving modernized cities, networked, technology sophisticated, advanced trading hubs from Tokyo, Ho Chi Min, Shanghai, Manila and Jakarta. Sophisticated trading metropolis' advancing, progressing as the west declines through their ineptitude, self serving elitism, infighting. Of course then we have Trump's America. 

The regions are further enhanced by establishing regional hubs, economic zones bringing together Asia  all its extremities, interacting on a wholesale level for distribution of product in a speedy manner. Interim goods destined for finishing in the territory of another sovereign nation, this works so easily, no regulation, no hands tied.  Austerity should it be needed is a sovereign choice not dictated by some faceless masters striking a pen through a nations budgets as if he is deciding between a Margaux or Saint Émilion discarding a perfectly rounded Shiraz at a fraction of the cost.

One's youth is the responsibility of the nation, one’s salaries are paid as the market forces evolve, not squirrelled away by Corporate elites. 

Nine of the Ten busiest interconnecting flight connections worldwide are in Asia, only adding flights from Asia to New York, Toronto play their part in all ten. All across Asia, Asia is Asian the prominent investors are also the largest investors in Asia's success, as Wee Kee Hwee, Jaya Prakash Pradhan, Marie Cecilia Salta attest to in their book The Future Is Asian. India has investors from across Asia, Singapore leads the pack globally with a $14B per year investment. China has invested in Telecoms, Power plants, infrastructure and other areas. Asia helps Asia!

Funds in Beijing and Shanghai are sitting on tens of billions of dollars. They have been mandated to invest in their neighbour’s high-potential sectors from infrastructure and commodities to banks and telecoms. From Pakistan to the Philippines, China is laying down fiber-optic cables and setting up 5G mobile phone operators for giving data, communication access to hundreds of millions of people.

Many of the world’s biggest engineering, procurement, and construction companies are from Asia, they control substantial assets they are from China, South Korea, Japan, India, Turkey, and Saudi Arabia, and all of them want to build across Asia’s rugged extensive borders.

Look to the future. The future is Asian.

As we the UK contemplate our navel, willingly break each other apart. Content for the EU over some ideological dream, to destroy hope for millions of Europeans as they fight to bring each other to the economic abyss. 

There is a whole new world emerging, taking shape, technology advanced, savvy, progressive, forming alliances and unions, cohesive partnerships that trade freely in a form of regional globalization. A part of the globe that has for over 50 years invested in a sociable manner to advance their neighbours fortunes.  I'm speaking of course of Asia North, South, East, West and Southeast. Not an ivory tower in sight, not one unelected bureaucrat in sight governing the collective. 

Growth has come through stability through neighbourly investment in waves as each has prospered. Wave 1 Japan and Korea funded the development for wave 2, China, Hong Kong, and Taiwan. Together they funded wave 3, South and Southeast Asia. 

The significance of all of this is; wave 1 brought 250M people to an economic, technology-driven wave 2 At the time a little over 1Billion entered the economic cycle of life. Wave 3 opens the way for 2.5Billion.  Not a regulation in sight, no ideology harnessing individual creativity, just good old economics. 

As America looked inward, Europe went about oppressing its citizens Asia pushed on achieving phenomenal growth 10 times that of the US, 70 times that of the Eurozone. PWC claim four of the top five global economies will be Asian all technology-driven, by 2030 they will be Asian economies. They also claim the UK will overtake Germany as Germany falls victim to the EU dogma.

Asia’s home to evolving modernized cities, networked, technology sophisticated, advanced trading hubs from Tokyo, Ho Chi Min, Shanghai, Manila and Jakarta. Sophisticated trading metropolis' advancing, progressing as the west declines through their ineptitude, self serving elitism, infighting. Of course then we have Trump's America. 

The regions are further enhanced by establishing regional hubs, economic zones bringing together Asia  all its extremities, interacting on a wholesale level for distribution of product in a speedy manner. Interim goods destined for finishing in the territory of another sovereign nation, this works so easily, no regulation, no hands tied.  Austerity should it be needed is a sovereign choice not dictated by some faceless masters striking a pen through a nations budgets as if he is deciding between a Margaux or Saint Émilion discarding a perfectly rounded Shiraz at a fraction of the cost.

One's youth is the responsibility of the nation, one’s salaries are paid as the market forces evolve, not squirrelled away by Corporate elites. 

Nine of the Ten busiest interconnecting flight connections worldwide are in Asia, only adding flights from Asia to New York, Toronto play their part in all ten. All across Asia, Asia is Asian the prominent investors are also the largest investors in Asia's success, as Wee Kee Hwee, Jaya Prakash Pradhan, Marie Cecilia Salta attest to in their book The Future Is Asian. India has investors from across Asia, Singapore leads the pack globally with a $14B per year investment. China has invested in Telecoms, Power plants, infrastructure and other areas. Asia helps Asia!

Funds in Beijing and Shanghai are sitting on tens of billions of dollars. They have been mandated to invest in their neighbour’s high-potential sectors from infrastructure and commodities to banks and telecoms. From Pakistan to the Philippines, China is laying down fiber-optic cables and setting up 5G mobile phone operators for giving data, communication access to hundreds of millions of people.

Many of the world’s biggest engineering, procurement, and construction companies are from Asia, they control substantial assets they are from China, South Korea, Japan, India, Turkey, and Saudi Arabia, and all of them want to build across Asia’s rugged extensive borders.

Look to the future. The future is Asian.

Statura.Co Legal, Translation and Visa's

Brexit Dichotomy. Success of Asia Versus Self-harm of Europe

Join With These Names Make Indonesia Home.

A Simile comes to mind when you consider two systems or in this case a dichotomy. Two clear systems one based on economics the other based on ideology. One is prospering the other is self-harming.  Having grown up in the Soviet era and seen how terribly oppressive living behind the “iron curtain” was. How we fought to rid our own UK streets of the militancy driving us to communism, how could we turn around now by supporting the EU which has adopted the same persona of the old Soviet Union.

Two institutions:

• One fully fledged, invasive, autocratic and stagnant, the other vibrant, dynamic devoid of invasive regulations and economically buoyant. 

• One institution has achieved mediocre economic growth, in 10 years accumulative 2.2% (since 2008 through until 2018) the other would consider economic growth of 5% per year as a troubled year.

• One institution is linked to the global economic crisis sweeping the west who  then reacted poorly even against its peers, the other has looked inward pulling together achieving phenomenal growth, prosperity throughout this period.

• One institution demands globalization the other is thankful they’re not part of it.

• One institution has plunged, in some areas 40% of their young into hopelessness devoid of any possible future, the other has lifted millions literally millions out of poverty.

• One institution stifle business with regulation, eg. insisting that Salmon have a label to advise that it might contain fish, the other concentrates on the route to one's plate.

It's not rocket science to guess who I speak about. It is of course the antithesis of nirvana the European Union that bastion of authoritarianism, the Soviet Union in Western Clothes.  On the other side we have a cooperative, a collection of Asian countries working together to bring each other up the economic and social ladder. Sovereign parliaments that learn from each other, that invest in each other. They don't sit by and watch as rafts of young are left hopeless wallowing on their sun-drenched beaches off the Mediterranean, whilst their leaders stumble down stairs or slide under tables whilst indulging in opulent wines from the French vineyards.

What we have through a lack of interference or any egotistical need to become a United States to rival Trump's America, is an Asian mega-system consisting dozens of disparate economies coming together forming a whole greater than the sum of its parts.  To this region the notion of globalization was a harsh lesson that they learned in 1997/98. The currency crisis that swept Asia was anything but global. It was for this reason that individual Asian countries became a supportive companion to their neighbours. In short, Asia trade and growth became naturally interlinked, not through regulation, or through some ego driven ideology, but, through necessity growing organically through respect, identifying each others strengths and weaknesses. Richer communities invest in poorer regions. This I covered in my previous note.

In 2008, Asia inter-regional trade was of such strength that it offset the downturn in Europe and US. So robust that growth in the Asia region it accelerated, hence forth doubling between 2008 and 2016. Starting 2008 at 29% of their internal trade rising to 59% in 2016. A volume increase equivalent to Europe's internal market, not one “Common External Tariff” CET in sight.

To an Asian, Globalization is but a western pipe dream, one they want no part of. As 1998 proved, it did them no favours, may have even exasperated the issue.

Trade with Northern Asia, Southeast Asia, East Asia, South Asia and West Asia combined in two decades have gained a significant portion of global trade.

There has been much debate whether Asia can decouple from the west for investment the answer is a resounding yes. 

Consider this: Asia throughout the region is so diverse, it can sustain all their technology, agriculture alongside mass-produced production thus, satisfying all of their needs.

As the Brexit debate rages on consider the points that I have made, for sure the European Union is doing Europe no favours. I also suspect in 100years time, effigies of Tony Blair will be burnt on March the 29th commemorating yet another traitor of the British people. 

Join With These Names Make Indonesia Home.

A Simile comes to mind when you consider two systems or in this case a dichotomy. Two clear systems one based on economics the other based on ideology. One is prospering the other is self-harming.  Having grown up in the Soviet era and seen how terribly oppressive living behind the “iron curtain” was. How we fought to rid our own UK streets of the militancy driving us to communism, how could we turn around now by supporting the EU which has adopted the same persona of the old Soviet Union.

Two institutions:

• One fully fledged, invasive, autocratic and stagnant, the other vibrant, dynamic devoid of invasive regulations and economically buoyant. 

• One institution has achieved mediocre economic growth, in 10 years accumulative 2.2% (since 2008 through until 2018) the other would consider economic growth of 5% per year as a troubled year.

• One institution is linked to the global economic crisis sweeping the west who  then reacted poorly even against its peers, the other has looked inward pulling together achieving phenomenal growth, prosperity throughout this period.

• One institution demands globalization the other is thankful they’re not part of it.

• One institution has plunged, in some areas 40% of their young into hopelessness devoid of any possible future, the other has lifted millions literally millions out of poverty.

• One institution stifle business with regulation, eg. insisting that Salmon have a label to advise that it might contain fish, the other concentrates on the route to one's plate.

It's not rocket science to guess who I speak about. It is of course the antithesis of nirvana the European Union that bastion of authoritarianism, the Soviet Union in Western Clothes.  On the other side we have a cooperative, a collection of Asian countries working together to bring each other up the economic and social ladder. Sovereign parliaments that learn from each other, that invest in each other. They don't sit by and watch as rafts of young are left hopeless wallowing on their sun-drenched beaches off the Mediterranean, whilst their leaders stumble down stairs or slide under tables whilst indulging in opulent wines from the French vineyards.

What we have through a lack of interference or any egotistical need to become a United States to rival Trump's America, is an Asian mega-system consisting dozens of disparate economies coming together forming a whole greater than the sum of its parts.  To this region the notion of globalization was a harsh lesson that they learned in 1997/98. The currency crisis that swept Asia was anything but global. It was for this reason that individual Asian countries became a supportive companion to their neighbours. In short, Asia trade and growth became naturally interlinked, not through regulation, or through some ego driven ideology, but, through necessity growing organically through respect, identifying each others strengths and weaknesses. Richer communities invest in poorer regions. This I covered in my previous note.

In 2008, Asia inter-regional trade was of such strength that it offset the downturn in Europe and US. So robust that growth in the Asia region it accelerated, hence forth doubling between 2008 and 2016. Starting 2008 at 29% of their internal trade rising to 59% in 2016. A volume increase equivalent to Europe's internal market, not one “Common External Tariff” CET in sight.

To an Asian, Globalization is but a western pipe dream, one they want no part of. As 1998 proved, it did them no favours, may have even exasperated the issue.

Trade with Northern Asia, Southeast Asia, East Asia, South Asia and West Asia combined in two decades have gained a significant portion of global trade.

There has been much debate whether Asia can decouple from the west for investment the answer is a resounding yes. 

Consider this: Asia throughout the region is so diverse, it can sustain all their technology, agriculture alongside mass-produced production thus, satisfying all of their needs.

As the Brexit debate rages on consider the points that I have made, for sure the European Union is doing Europe no favours. I also suspect in 100years time, effigies of Tony Blair will be burnt on March the 29th commemorating yet another traitor of the British people. 

The 3rd Asian Economic Wave Is Upon Us.

The 3rd Asian wave is upon us. First came Japan, Korea, Taiwan, 2nd came Hong Kong, Singapore and China, 3rd is South East Asia. What makes the 3rd so special is it will run longer, as I explain below.  It is through the success of the first and the 2nd wave that the third will be more substantive.

1. The first and the second have, like the west an ageing population with the median age above 40. Conversely, the South East Asian countries the median age is below thirty. Therefore, India, Thailand, Vietnam and Indonesia have greater access to efficient cost effective labour.

2. Asia 1st and 2nd have not gone away nor have they declined quite the reverse, the older generation have shifted from being wealth generators to consumers. Therefore, need products and services but in a cost effective way.  It is due to this that these countries are investing in the South East Asian nations.  As I said in a previous note; the average China daily rate in manufacturing is $30 in Indonesia it is $10.

Whilst South East Asia will have a wave of its own it will be fuelled in addition by the newly formed demands driven by a wealthy Asian population to their North. Consider this during Japan and South Korea’s rise in the 1970s their combined population extended to 150M.  China during their years around 1Billion.  The 3rd wave has a combined population of 2.5Billion.

If you add the West Asia region Turkey, Saudi and Iran then you add another 300 Million.  Asia in total has some 5 Billion people. This wave will be longer, larger than any wave preceding.  More to the point since Japan and Korea kicked this off, for five decades they have invested throughout this region in total, they invested in China and the tiger economies. Indeed, as China and the tiger economies came on stream they too reciprocated, established networks, investment and diplomacy that will ensure the continuation of Asia's Factory for the world status, it will and is just shifting to the south.

Indonesia already have established economic zones, trading estates, science parks, free ports, Infrastructure, airports, ports, rail, roads and a thriving digital economy. Indonesia has been listed as one of the world’s top 10 manufacturers by the United Nations Industrial Development Organization (UNIDO).

According to UNIDO’s 2016 International Yearbook of Industrial Statistics, Indonesia’s manufacturing industry accounts for almost a quarter of the country’s GDP. The country has a solid footing with a stable government. We are in an election year and Jokowi has prioritised stabilty which, for this year he is right to do so.

• "The UNIDO report shows that Indonesia has climbed into the top ten list," Shadia Hajarabi, UNIDO’s representative in Indonesia.
• "Indonesia is at the bottom of the list, but it surpasses England and Canada," Shyam Upadhyaya, a statistician at UNIDO, said. He added that the list was based on total volume of production. China is at the top of the list, followed by the US, Germany, Korea and India. "Indonesia has become an important industrial country," he added.

To compare; China and India have had higher economic growth compared to Indonesia. But, in recent years, economic conditions in those countries have fluctuated, resulting in economic slowdowns. Indonesia's economy has been relatively stable compared to other countries in the region.

The Indonesian government had succeeded in maintaining the inflation rate at 4.5 percent and had lifted 25 million people out of poverty. In 2010, there were 50 million people living in poverty, now almost half.  Not only does Indonesia benefit from other Asian countries, from their greater spending power, they can rely on the domestic market to boost economic growth, which means exports are not so critical.

If they can maintain these indicators, it could produce even higher growth.

What you are now seeing is that each generation becomes wealthier than the last just as we saw in the west.

According to the HSBC’s former chairman Stuart Gulliver, “The American dream of the 20th century is becoming the Asian dream of the 21st: A house, a car, a smartphone, travel, banking services, health care the prospect of unfettered upward social mobility for many more families.”

With greater domestic production of goods and services, weaker currencies, low commodity prices, controlled inflation, and rising intraregional trade, Asians increasingly buy things in their own currencies at much lower prices than Westerners pay in US dollars or euros. Asians can have a good life without being rich in American terms. Indeed, most Asians are not going to catch up to Western per capita incomes. China’s per capita income is comparable to that of Russia or Brazil, not the United States or Britain. But that’s not the point. Asian societies are focused on maintaining high employment, keeping the cost of living manageable, and promoting access to basic services.

Western critics convinced themselves that slower growth would bring down the Chinese regime, but Xi has rightly pivoted the national narrative toward quality growth.

Indonesia through its vast archipelago, substantial resources and sizeable population is poised for even greater economic fortunes.

The 3rd Asian wave is upon us. First came Japan, Korea, Taiwan, 2nd came Hong Kong, Singapore and China, 3rd is South East Asia. What makes the 3rd so special is it will run longer, as I explain below.  It is through the success of the first and the 2nd wave that the third will be more substantive.

1. The first and the second have, like the west an ageing population with the median age above 40. Conversely, the South East Asian countries the median age is below thirty. Therefore, India, Thailand, Vietnam and Indonesia have greater access to efficient cost effective labour.

2. Asia 1st and 2nd have not gone away nor have they declined quite the reverse, the older generation have shifted from being wealth generators to consumers. Therefore, need products and services but in a cost effective way.  It is due to this that these countries are investing in the South East Asian nations.  As I said in a previous note; the average China daily rate in manufacturing is $30 in Indonesia it is $10.

Whilst South East Asia will have a wave of its own it will be fuelled in addition by the newly formed demands driven by a wealthy Asian population to their North. Consider this during Japan and South Korea’s rise in the 1970s their combined population extended to 150M.  China during their years around 1Billion.  The 3rd wave has a combined population of 2.5Billion.

If you add the West Asia region Turkey, Saudi and Iran then you add another 300 Million.  Asia in total has some 5 Billion people. This wave will be longer, larger than any wave preceding.  More to the point since Japan and Korea kicked this off, for five decades they have invested throughout this region in total, they invested in China and the tiger economies. Indeed, as China and the tiger economies came on stream they too reciprocated, established networks, investment and diplomacy that will ensure the continuation of Asia's Factory for the world status, it will and is just shifting to the south.

Indonesia already have established economic zones, trading estates, science parks, free ports, Infrastructure, airports, ports, rail, roads and a thriving digital economy. Indonesia has been listed as one of the world’s top 10 manufacturers by the United Nations Industrial Development Organization (UNIDO).

According to UNIDO’s 2016 International Yearbook of Industrial Statistics, Indonesia’s manufacturing industry accounts for almost a quarter of the country’s GDP. The country has a solid footing with a stable government. We are in an election year and Jokowi has prioritised stabilty which, for this year he is right to do so.

• "The UNIDO report shows that Indonesia has climbed into the top ten list," Shadia Hajarabi, UNIDO’s representative in Indonesia.
• "Indonesia is at the bottom of the list, but it surpasses England and Canada," Shyam Upadhyaya, a statistician at UNIDO, said. He added that the list was based on total volume of production. China is at the top of the list, followed by the US, Germany, Korea and India. "Indonesia has become an important industrial country," he added.

To compare; China and India have had higher economic growth compared to Indonesia. But, in recent years, economic conditions in those countries have fluctuated, resulting in economic slowdowns. Indonesia's economy has been relatively stable compared to other countries in the region.

The Indonesian government had succeeded in maintaining the inflation rate at 4.5 percent and had lifted 25 million people out of poverty. In 2010, there were 50 million people living in poverty, now almost half.  Not only does Indonesia benefit from other Asian countries, from their greater spending power, they can rely on the domestic market to boost economic growth, which means exports are not so critical.

If they can maintain these indicators, it could produce even higher growth.

What you are now seeing is that each generation becomes wealthier than the last just as we saw in the west.

According to the HSBC’s former chairman Stuart Gulliver, “The American dream of the 20th century is becoming the Asian dream of the 21st: A house, a car, a smartphone, travel, banking services, health care the prospect of unfettered upward social mobility for many more families.”

With greater domestic production of goods and services, weaker currencies, low commodity prices, controlled inflation, and rising intraregional trade, Asians increasingly buy things in their own currencies at much lower prices than Westerners pay in US dollars or euros. Asians can have a good life without being rich in American terms. Indeed, most Asians are not going to catch up to Western per capita incomes. China’s per capita income is comparable to that of Russia or Brazil, not the United States or Britain. But that’s not the point. Asian societies are focused on maintaining high employment, keeping the cost of living manageable, and promoting access to basic services.

Western critics convinced themselves that slower growth would bring down the Chinese regime, but Xi has rightly pivoted the national narrative toward quality growth.

Indonesia through its vast archipelago, substantial resources and sizeable population is poised for even greater economic fortunes.

Industrial parks, indonesia is open for business

The advances that South East Asia have made demonstrate the progressive nature of this great region. It was from SE Asia where, what is termed a prehistoric civilizations dating back to 6000 BC, first developed the ability to organize agriculture, cultivated farming growing cereal. Prior to this point they were predominantly hunter-gatherers, going in search of their food source, their food came only from the wild. It took Japan until the Jõmon period to adopt such techniques, circa 5000 BC. China came 1000 years later. You could even argue that through their achievements that SE Asia heralded in the Bronze Age. Tools much needed to sustain their advance culture.

Throughout Asia, you see evidence as to how the western societies have benefited from Asian innovation. Circa 3500 BC ancient cities emerged, wide streets, bathing platforms, drainage and reservoirs.  These were located in the Indus valley, now known as Pakistan.

Babylonians developed an alphabet which was adopted by the Greeks. Egypt relied on Babylon for trade, diplomacy the selling of cedar wood, olive oil and resins for mummification.

Asia has not emerged it has returned. Trading networks have functioned since the 8C BC, between Greece, Persia and India. India had established trading routes through South East Asia and China. China had at this time consolidated its power by possessing the Xia, Shang, and Zhou dynasties.  They had established trade routes to Southern Siberia bringing wealth to the nomadic peoples residing there.  China also, had routes to Bactria, trading freely. Bactria, an area north of the Hindu Kush, straddling parts of Afghanistan, Tajikistan, Pakistan and Uzbekistan. As a point of interest, it is thought that they were using single axle chariots 2000 years BC.

Greeks, by the 1ST Century BC had a vast maritime fleet.  One hundred and twenty ships per year sailed through the red sea, using monsoon winds in order to reach the ports of India. India through its own trade routes into SE Asia provided a staging post giving access to a wealth of spices, jade, beads etc.

Moving forward to today, it's fair to say that much of today's government policy comes from the many large family run corporations that have over years dominated the trade of this region. Asia is not short of family run conglomerates.  But, Indonesia’s government  are playing a key role in re-distributing wealth. Technology have opened the way for this process to start.

China's investment in sea routes East to West, their investment in the Suez Canal along with their influence over Israel. Israel have commissioned a rail network linking the Red sea with the Mediterranean sea forming an important part of the Belt and Road system. Indonesia is poised to benefit from this route looking to boost trade with Mediterranean countries.

Asian countries are increasingly looking to each other for their defence, sustainability, guidance and tolerance, they pull together. To some extent they have become immune to the western attempts at “globalization”, in 1998, the Asian crisis swept through the countries of SE Asia, they are mindful that it was an Asian contagion. In 2018, they see the west as still mired by the  financial collapse of 2008, yet Asian economies are enjoying bumper growth. A point of fact, all the major growth countries of 2018, they were from Asia.

Asian countries see the US as a facilitator of technology, innovation, but they no longer look to the US for their prosperity nor their defence. They see Trump's America as a wake up call, America can not be relied upon indeed, to do so would be a handicap. The US is now dispensable when it comes to Asia.

Indonesia is also advantaged with a vast population. The government have seen China's growth and have recognised, that China manufacturing is becoming uncompetitive. For instance China daily manufacturing salaries/pay is $30, Indonesia is still at $10.  Factories, Industrial, Science parks are emerging across this vast archipelago.