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Asia Now eNews, October 2006

FEATURE OF THE MONTH: SOUTHEAST ASIA - ASEAN

The Southeast Asia region is made up of mostly developing economies, including Brunei, Burma, Cambodia, Indonesia, Laos, Malaysia, the Philippines, Singapore, Thailand, and Vietnam. The 10 countries formed the Association of Southeast Asian Nations (ASEAN) as an economic and political partnership. Founded in 1967, the organization was created in order to accelerate the economic growth, social progress and cultural development of the region, and to promote regional peace and stability. As individual markets, much of Southeast Asia is overlooked by U.S. firms looking for export growth opportunities in China or India. However, according to the United States’ 2005 National Export Strategy, “On a regional basis, the emerging markets of Asia and Eastern and Central Europe are expected to experience the fastest growth.” Indeed, the emerging markets of Southeast Asia represent an impressive market that deserve closer examination. Visit the Southeast Asia homepage and learn more about opportunities that await U.S. companies in these markets.

ASEAN Business and Investment Summit, December 7-10, 2006, Cebu City, Philippines
ASEAN Business and Investment Summit

The ASEAN Business and Investment Summit is the premier GLOBAL event for corporate sector involvement with the ASEAN business community. For the past four years, the ASEAN Business and Investment Summit, an event held immediately prior to the annual ASEAN and East Asian Leaders Summit, has been providing business and corporate leaders with invaluable insight into the implications of ASEAN integration for the strategies of the regional and global business and investment communities. Moreover, the summit provides an opportunity for the corporate world to engage heads of government and heads of state on those issues of the day that are of importance to the corporate world.

U.S. Commercial Service Liaison Office to the Asian Development Bank

The Asian Development Bank, Asia's premier development finance institution, generates business opportunities for consulting services, equipment and services supply, and private sector sponsors out of its $5 billion yearly lending program. U.S. firms and affiliates who wish to take advantage of these opportunities should work with the Commerce Department's Liaison Office for ADB which provides a range of assistance and services.

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