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Posts Tagged ‘ASEAN Brand Identity’

13th April 2011

Those who have been reading this blog with any degree of regularity may have noticed that the economies, polities, and geopolitics of the world are in something of a state flux. This is not to say that this is either a positive or negative thing as such events occur from time to time. Therefore, astute followers of such events must be careful about making rigid predictions about how such matters will play out in the future. That being stated, it has recently come to this blogger’s attention that representatives from the so-called BRICS countries (an acronym denoting Brazil, Russia, India, China, and, now apparently, South Africa) are  having a summit. To quote directly from a concisely written article by, On Wednesday April 13, 2011, 5:37 am EDT as posted on Yahoo.com:

SANYA, China (AP) — The leaders of the world’s largest emerging economies gather this week in southern China for what could be a watershed moment in their quest for a bigger say in the global financial architecture.

Thursday’s summit comes at a crucial moment for the expanded five-member bloc known as the BRICS, which groups Brazil, Russia, India, China, and, for the first time, South Africa.

Chinese President Hu Jintao, Brazilian President Dilma Rousseff, Russian President Dmitry Medvedev, Indian Prime Minister Manmohan Singh and South African President Jacob Zuma will attend.

With the G-20 group of major economies seeking to remake parts of the global financial architecture, it’s time for the BRICS to test whether they can overcome internal differences and act as a bloc pursuing common interests.

The ramifications of this meeting could prove historic as the countries noted above, along with those that comprise the Association of Southeast Asian Nations (ASEAN), appear on track to become increasingly economically dynamic in the forthcoming years.     While reading this article, this blogger was especially impressed by this writer’s insightful analysis of the characteristics of the BRICS countries. To continue quoting directly from the aforementioned article:

The five countries are loosely joined by their common status as major fast-growing economies that have been traditionally underrepresented in world economic bodies, such as the International Monetary Fund and the World Bank.

All broadly support free trade and oppose protectionism, although China in particular has been accused of erecting barriers to foreign competition. In foreign affairs, they tend toward nonintervention and oppose the use of force: Of the five, only South Africa voted in favor of the Libyan no-fly zone.

At the time of this writing, the summit noted above would appear to be geared mainly toward economic matters or matters pertaining to the economic realm, but how increasing ties among these nations could impact affairs playing out in the international political arena remains to be seen.

On a related note, Stock Exchanges in some of the Nations which compose the Association of Southeast Asian Nations (ASEAN), including Thailand, have recently announced collaborations apparently referred to as ASEAN Brand Identity, an ASEAN Exchanges website, and ASEAN Stars. In following up on that story it would appear that the ASEAN Exchanges website is now live, to quote directly from the website AsiaToday.com:

Launched today was the ASEAN Exchanges website (www.aseanexchanges.org) that will feature the ASEAN Stars and other ASEAN centric products and initiatives giving investors an integrated single-window view into the ASEAN capital market; a market that has a combined market capitalisation of approximately USD1.8 trillion and participation of more than 3,000 companies. Some of these companies are the largest and most dynamic companies in the world including leaders in finance and banking, telecommunications, commodities, automotive manufacturing and other industrial sectors.

The administration of this blog highly recommends that readers click upon the hyperlinks above to learn more details about these issues and the various exchanges within the ASEAN region as the whole Southeast Asia area is quickly becoming a vibrant economic force both on a regional and global level.

Meanwhile, it should be noted that the nation of Laos has recently brought a Lao stock exchange online while Cambodia appears poised to take the same steps soon. Even the developing Union of Myanmar (referred to by some as Burma) has signaled interest in the opening of a Myanmar stock exchange. Whether such a development comes to pass remains to be seen. What is clear is that economic relationships are becoming increasingly stratified as economically dictated by the interests of the players in each of the markets of the world. Those interested in such matters are highly encouraged to conduct their own research and come to their own informed conclusions.

For related information please see: US Company Registration or Company in Thailand.

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11th April 2011

It recently came to this blogger’s attention that the Peoples’ Republic of China has posted a trade deficit in United States dollars.  To quote directly from the official website of China Daily, ChinaDaily.com.cn:

BEIJING – China saw a trade deficit of 1.02 billion US dollars from January to March this year, the first quarterly trade deficit in six years, according to figures released Sunday by the General Administration of Customs (GAC).

In comparison, there was a trade surplus of 13.91 billion US dollars in the first quarter of last year.

China’s exports increased 26.5 percent year on year to 399.64 billion US dollars in the first three months this year, while imports soared 32.6 percent to 400.66 billion dollars from a year earlier, figures from the GAC showed.

From January to March, the total value of imports and exports increased 29.5 percent year on year to 800.3 billion dollars, said the customs administration, adding that China reported a small trade surplus of 140 million dollars in March, on the basis of a deficit of 7.3 billion dollars in February.

The administration of this web log highly recommends that readers click upon the hyperlinks above to view this whole story in detail as the discussion within the article is interesting.

There is little doubt that this news will have a direct impact upon the business environment in China as well as a possibly indirect impact upon the Nations which comprise the Association of Southeast Asian Nations (ASEAN). Meanwhile, this announcement may also have an impact upon the economy of the United States of America and the American business environment as well. It would appear, at least at the time of this writing, that the American economy is likely to continue to show signs of turbulence as time moves forward, but some economists may see positive implications for the American economy from this recent news. That said, the trade deficit currently being maintained by the Chinese, as noted above, is not particularly large in relative terms as only one year ago the Peoples’ Republic of China maintained a substantial trade surplus with the United States of America.

This news comes at a time when Chinese and Thai authorities have announced that a large trading complex will be erected in Thailand to provide a platform for Sino-Thai trade. Concurrently, it would also appear as though plans continue for a high speed rail link connecting Thailand, particularly Bangkok, directly to Southern China.

It would appear that although China is currently maintaining a trade deficit, that country remains economically vibrant and still on track to become the largest economy in the world as previously noted on this blog when referencing a statement made by the CEO of the American Company General Electric (GE).

Meanwhile, it was recently noted that many of the stock exchanges in the ASEAN region have made deals to act in concert in an effort to create a combined market with a projected capitalization of 1.8 trillion USD. To quote directly from a recent posting on the website TheHinduBusinessLine.com:

Seven stock exchanges in the ASEAN region collaborated on Friday with the launch of ASEAN Brand Identity, ASEAN Exchanges Web site and ASEAN Stars, with the aim of jointly developing regional capital market estimated worth $1.8 trillion…The ASEAN Exchanges collaboration members are Bursa Malaysia, Hanoi Stock Exchange, Hochiminh Stock Exchange, Indonesia Stock Exchange, The Philippine Stock Exchange, Singapore Exchange and the Stock Exchange of Thailand.

Those reading this posting are highly encouraged to click on the hyperlinks above to read more about this story in detail.

As Southeast Asia continues to show signs of an increasing economic dynamism the effect of such events upon large economies such as the US economy and that of China remains to be seen, but it is clear that the business and economic environments in Southeast Asia are considered by many to be becoming increasingly robust as evidenced by the fact that there is a possibility that a combined ASEAN market could have such a relatively substantial capitalization.

For related information please see: business in China.

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