The creation of ASEAN Economic Community (AEC) is the goal of regional economic integration by 2015. AEC envisages the following key characteristics: (a) a single market and production base, (b) a highly competitive economic region, (c) a region of equitable economic development, and (d) a region fully integrated into the global economy. -ASEAN Economic [...]
ASEAN countries will soon come together to form a single market and production base for the 10 participating countries. This will result in the fourth densest economic bloc in the world, with a free flow of goods, services, investment, and skilled labor. The ASEAN Economic Community (AEC) will be a game changer. Our region’s [...]
Entertainment is a form of activity that holds the attention and interest of an audience, or gives pleasure and delight. It can be an idea or a task, but is more likely to be one of the activities or events that have developed over thousands of years specifically for the purpose of keeping an [...]
In March 2004, a comedy of errors unfolded in the Mojave Desert. A million-dollar prize was on offer via the DARPA Grand Challenge for any self-driving car that could complete a 240km course. The best performer didn’t even make it 12km before coming off the road at a hairpin turn and getting stuck on [...]
What is an 'Acquisition' An acquisition is a corporate action in which a company buys most, if not all, of another firm's ownership stakes to assume control of it. An acquisition occurs when a buying company obtains more than 50% ownership in a target company. As part of the exchange, the acquiring company often purchases [...]
What is 'International Investing' International investing is the strategy of selecting globally-based investment instruments as part of an investment portfolio. International investing includes such investment vehicles as mutual funds, American Depository Receipts, exchange-traded funds (ETFs) or direct investments in foreign markets. People often invest internationally for diversification, to spread the investment risk among foreign [...]
