Widely publicized jeremiads about emerging markets are mainly referring to East Asia's developing economies. They are totally wrong.» Read More
Amar Gill, Head of Thematic Research, CLSA, says foreign direct investment in ASEAN has tripled over the last three years. His top picks for the region are Bank Rakyat, Public Bank and CP Foods.
Leaders of Southeast Asian countries are meeting in Bali this week to try to push for the creation of a free trade zone by 2015 that would rival China and India. But can the region match up to their size and importance?
Western governments lashed out at the extension of Nobel laureate Aung San Suu Kyi's house arrest, but the outrage at Myanmar's military rulers was tempered by concern over disrupting aid flows to desperate cyclone victims.
The roads of the ravaged Irrawaddy Delta are lined these days with people hoping to be fed. After lifetimes living off the land, poor farmers have abandoned their ruined rice paddies, setting up makeshift bamboo shelters, waiting for carloads of Burmese civilians who have taken it on themselves to feed those who lost everything to Cyclone Nargis.
The 68 blue tents are lined up in a row, with a brand-new water purifier and boxes of relief supplies, stacked neatly but as yet undelivered and not even opened. But for the majority of Cyclone Nargis survivors, aid is something they've had no access to.
U.N. chief Ban Ki-moon flew to Myanmar on Thursday to press the ruling generals to allow a full-blown international aid effort for 2.4 million people left destitute by Cyclone Nargis.
Army-ruled Myanmar started three days of mourning on Tuesday for the 134,000 dead and missing from Cyclone Nargis as diplomats pressed the reclusive generals to speed up aid to 2.4 million survivors.
Asian leaders were meeting in Singapore on Wednesday to discuss free trade, financial market stability and cutting greenhouse gases, after a Southeast Asian summit overshadowed by controversy over Myanmar.