Sign up | Log in



Home  >>   Daily News  >>   Myanmar  >>Investment  >> India promotes investment in Myanmar, other ASEAN states
NEW UPDATES Asean Affairs   3 March  2015  

India promotes investment in Myanmar, other ASEAN states

The Indian government, hoping to give more teeth to its “Act East Policy,” has decided to expand the country’s economic links with Cambodia, Laos, Myanmar and Vietnam by promoting private sector investments in these countries through a project development company, reports the Economic Times on March 2.

Indian Finance Minister Arun Jaitley made the announcement while presenting the annual budget at the end of February. "The 'Act East' policy of the government of India endeavours to cultivate extensive economic and strategic relations in Southeast Asia .. [therefore] a project development company through separate special purpose vehicles [will] set up manufacturing hubs in [these countries],” Mr Jaitley said.

Indian Prime Minister Narendra Modi has reignited his country’s “Look East” policy through a change of name – “Act East” policy – and more interaction with Southeast and East Asia.

Part of the push is economic and diplomatic, part to offset China’s growing influence in the region.

With China undertaking infrastructure projects at strategic locations in South Asia and simultaneously increasing its naval presence in the Indian Ocean, India too has been seeking closer ties with several of China's neighbours, particularly Vietnam with which New Delhi now has growing defence and security relations. Experts point out that China has also been deepening its economic links and expanding its presence particularly in Laos and Cambodia.

Reach Southeast Asia!
10- Nations, 560- Million Consumers
And $1 -Trillion Market
We are the Voice of Southeast Asia Media Kit
The only Media Dedicated to Southeast Asia Advertising Rates for Magazine
Online Ad Rates

Comment on this Article. Send them to

Letters that do not contain full contact information cannot be published.
Letters become the property of AseanAffairs and may be republished in any format.
They typically run 150 words or less and may be edited
submit your comment in the box below

Today's  Stories                           March 3 , 2015 Subsribe Now !
• India promotes investment in Myanmar, other ASEAN states Subcribe: Asean Affairs Global Magazine
• Malaysian states beyond Johor woo Singapore investors
• Indonesia eyes 20 million tourists by 2019
Research Reports
on Thailand 2007-2008

• Textiles and Garments Industry
• Coffee industry
• Leather and footwear industry
• Shrimp industry

• Ministry of Construction may increase size of social housing
• ASEAN economic integration moving on despite challenges
Asean Analysis                    February 27, 2015
• Asean Analysis February 27, 2015
Four key capital cities across developing ASEAN countries report marginal growth in tire sales volume in 2014: GfK
Advertise Your Brand

Asean Stock Watch  March 2,  2015
• Asean Stock Watch-March 2, 2015
The Biweekly Update
• The Biweekly Update February 20, 2015

ASEAN NEWS UPDATES      Updated: 04 January 2011

 • Women Shariah scholars see gender gap closing
• Bank Indonesia may hold key rate as inflation hits 7 percent
• Bursa Malaysia to revamp business rules
• Private property prices hit new high in Singapore • Bangkok moves on mass transport
• Thai retailers are upbeat
• Rice exports likely to decline • Vietnamese PM projects 10-year socioeconomic plan


This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More






1.  Verifier

1. Verifier

For security purposes, we ask that you enter the security code that is shown in the graphic. Please enter the code exactly as it is shown in the graphic.
Your Code
Enter Code

Home | About Us | Contact Us | Special Feature | Features | News | Magazine | Events | TV | Press Release | Advertise With us

Our Products | Work with us | Terms of Use | Site Map | Privacy Policy | Refund Policy | Shipping/Delivery Policy | DISCLAIMER |

Version 5.0
Copyright © 2007-2015 TIME INTERNATIONAL MANAGEMENT ENTERPRISES CO., LTD. All rights reserved.
Bangkok, Thailand