In a new white paper released Monday, Milwaukee-based
ManpowerGroup predicted that demographic trends would give
southeast Asia an advantage when it comes to attracting global
titled ”The next big thing in southeast Asia“ says Manpower has
seen a trend in 2014 of major companies locating operations in
Malaysia, Indonesia and the Philippines. While the movement is
similar to previous offshoring trends involving China, the
Manpower paper argues it is driven by more than just cheaper
A lower cost
of labor is one factor, but demographic trends including a
steady supply of younger workers and growing consumer markets
are also drawing companies.
Manpower also notes a local skills mismatch, high competition
and high worker mobility present challenges in the region.