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Consultants forecast South East Asia recovery

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UK CONSULTANTS are predicting that the South East Asian market will stage a steady recovery over the next two years.

Research for NCE's Consultants File, published with this issue, shows that consultants believe their most important overseas market has shaken the effects of 1998's currency crisis.

The upturn will not come too soon for many firms. Forty nine per cent of consultants operating in the area saw workload rise last year, but 44% saw it fall - one fifth by more than 21%.

However, only 11% of consultants think their workload in the South East Asian market will fall during the next two years. 64% think workload will rise between 1% and 10%, while another 21% think that growth will be even higher.

China apart, it is Singapore and Malaysia which are attracting most attention, with one fifth of the firms operating in these countries forecasting that they will be among the two most active markets in 2000/2001.

Extra copies of the NCE Consultants File are available price £25, tel: (020) 7505 6622.

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