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In Asia, major changes are taking place in respect of the economy. The Association of Southeast Asian Nations (ASEAN) concluded Free Trade Agreement (FTA) with India, to create a huge economic area of 1.8 billion consumers. In addition, a few days later, ASEAN organized the economic ministers' meeting in Bangkok, to consider the possibility of forming comprehensive economic collaborations including investments and services without restricting to trade liberalization. This is definitely a proof that changes are taking place.
Southeast Asia has huge geographic advantage. China lies on north, Japan, Korea and Taiwan are on North East, Australia is on the south, while India is on the west, and even further is the middle east. In order to further promote the already expanding trade with each economic zone, construction of new ports is under progress. As a result, companies are trying to produce parts using advanced technologies in order to expand them to rapidly growing China and India.
A quick overlook on the Southeast Asian region tells us that several countries like China, South Korea, India, Thailand, Singapore, Malaysia, Philippines etc are experiencing high economic growth rates. Compared to this, Europe and North America are unable to reset their economies after Lehman shock and for EU no exit is in sight.
For Southeast Asian region that is continuing to produce strong economic performance, it is not hard to image that this region will become a driving force of world economy in the future. Moreover, creating an environment that can effectively mobilize people, money and resources jointly in the Southeast Asia will reinvigorate the economy of Southeast Asia and form ever larger economic region.

Jakarta, Indonesia

The concept of globalization in broad range Southeast Asian countries refers to economic expansion by using the resources efficiently around the world. However, one of the side effects is bipolarization of world, viz. resource-endowed countries and other countries.
Need of the hour for a company is to manage with global perspective and keeping the accelerating presence of Japanese companies in Asia in mind.
In this situation, sophistication of business foundation in Asia and at global level, and the need of creating IT infrastructure, IT strategic management approach and comprehensive management strategy in the region are increasingly required for optimization.
As a part of global management strategy, companies in the developed countries are in the process of creating, integrating and standardizing IT infrastructure based on future business expansion keeping in mind the global management foundation and global IT foundation required to support this in order to survive the global competition.
Today, several cases can be seen where without sticking to conventional approaches many companies have searched and implemented methods that take into account the latest IT trends, not only in quantitative manner but also in qualitative manner. 
Although the important point is going to be from here onwards, according to one of the recent theories, a macro trend is definitely there behind the progress of globalization. In this case, sudden reduction of close to 5% in the interest rate by Mr. Greenspan of FRB in the United States is often said to be a decisive factor.
Thailand, Indonesia and South Korea underwent huge damage after Asian currency crisis in 1997. Although IMF came forward to rescue, it was not something that could be evaluated. In other words, it came to light that there was not institution that could rescue in the event of a global crisis.
After that, Asian countries stopped relying on the capital of development countries and reduced the investment level to bare minimum. This stopped that process of globalization that had progressed so far. Had this situation continued, the risk of worldwide recession was extremely high. Share of America in world’s GDP is 30%. Worldwide recession will cause huge damage to America. Therefore, Mr. Greenspan reduced the interest rates significantly for providing an impetus to America’s consumption, which reinvigorated the global economy.

Oil Betonamurandon

Energy issues in the recent years have become very import and serious across the world. Especially, economy and lifestyle of the developed countries rely on fossil energy, and despite of the fact that fossil fuels are finite resources even though they were naturally made over hundreds of millions of years, it is said that they will dry up in the next few decades or so.
Despite of these worries, only energy resources found in Asia include “rare metals”, “mines”, “natural gas", "oil" etc. Most of these energy resources are located in emerging countries and they can not be excavated using the existing technology.
These abundant sources of energy can be developed as global energy hubs instead of restricting only to Asian region.
In the ASEAN heads summit held in Singapore in 2007, policies for supporting nuclear power while moving ahead with the development of renewable energy and alternative energy sources were vigorously debated. It may seem surprising, East and Southeast Asian region is implementing nuclear power projects at the fastest pace in the world today.
There are about 110 nuclear sites currently running, and about 20 sites are under construction, while more than 110 sites are under planning. In addition to these nuclear power plants, experimental reactors are located at 56 sites in 14 countries. The region that is promoting the nuclear power with such vigor is very rare. In the Pacific Rim, only Singapore and New Zealand do not have experimental nuclear reactors.  In addition to Japan that tops the list with 55 sites, Korea, China, Taiwan, India and Pakistan are repeatedly conducting various experiments for stable supply of energy.
Among that, Southeast Asia is getting major attention. For example, take Laos. During talking with the Iranian Ambassador, the Deputy Prime Minister of Laos mentioned, “All the countries should aim for a peaceful use of nuclear energy. In addition, their rights should be guaranteed". In the near future, it likely that oil resources may deplete, and sharp rise in oil prices because of this is inevitable. For a developing country like Laos, there is no option but to frantically develop a stable energy source that can replace oil.