ASEAN A Better Investment Than China For Businesses And Investors

At the Milken Institute Global Conference in Beverly Hills a panel discussion on Southeast Asia provided data, history and empirical experiences that all point toward the ASEAN member states continued economic growth. Moreover, the panel suggested the ten ASEAN member states – Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand and Vietnam – should be the primary destinations for businesses looking to expand in Asia and investors looking to invest in Asia now and for many years to come. The ASEAN region is set to launch the ASEAN Economic Community (AEC) on December 31, 2015. The AEC is designed to replicate all the positive attributes and economic outcomes of the European Union while avoiding the EU’s missteps such as their common currency. Data presented by the panel showed that GDP for the combined ASEAN region rivals the GDP of India plus the Gulf Cooperation Council states. The over 600 million people in the ASEAN region collectively make up the 8th largest economy in the world without the AEC in place.

(Source: Forbes.com)

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ASEAN BAC - Myanmar Year 2014

 

In 2014, Myanmar takes reign for the first time as ASEAN Chair, leading ASEAN to the realization of regional integration with the ASEAN Economic Community (AEC) to be implemented by 2015. The vision for the AEC sets to transform ASEAN into a region with free movement of goods, services, investment, skilled labour, and capital, for which Myanmar aims to link economic reform to societal progress.

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US PACOM Reaffirms Commitment to Deepen Cooperation with ASEAN

JAKARTA, 7 February 2014

The US yesterday reaffirmed its commitment to deepen its practical cooperation with ASEAN on areas of mutual interest including humanitarian assistance and disaster relief (HADR).

Asean Economic Community still distant

The leaders of the 10 member states of the Association of SoutheastAsian Nations (Asean) pledged in 2007 to create an “Asean Economic ... 


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