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ASEAN countries have continued to gain economic footholds in the global market, particularly in the automotive industry. Although these ASEAN nations have all focused on automotive industry development, the particular economic niches and consumer bases differ greatly between them. Thailand has long been recognized as the primary manufacturer of automobiles among ASEAN countries and has recently gained traction in the automobile export industry.

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The promise of smart cities has been captivating the technology industry for more than a decade. The idea is simple — embed smart technology everywhere to make your city better and your citizens healthier, safer and more prosperous. And, with recent shifts such as wider availability of low-cost internet of things IoT sensors, artificial intelligence AI and distributed hybrid multicloud IT architectures, smart city innovation in APAC continues to accelerate.

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Demand is so high that drivers put their names on long waiting lists for the most popular models. He came recently with two friends to a row of dealerships here in southeastern China to buy a black Toyota RAV4, only to be told that he would have to wait two months for delivery. And it is not just cars.

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Region's speedy economic and urban growth rate fuel air and road pollution. JAKARTA -- Vehicle sales in Southeast Asia are set to outpace all other regions of the world duringaccording to industry research, highlighting surging economic expansion in some parts of the region. But the growing number of new cars and trucks in urban centers is likely to worsen commerce-stifling traffic jams in major cities such as Bangkok, Jakarta and Manila -- adding urgency to much needed transport infrastructure upgrades throughout much of the region.

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In China, General Motors is hot. It was the best November ever, GM said. China became the world's largest new vehicle market for the first time inwhen sales in the US plunged.

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The South-East Asian country has attracted many foreign carmakers. Will they stay? Some were covered by as much as three meters of water see picture.

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Keep abreast of significant corporate, financial and political developments around the world. Stay informed and spot emerging risks and opportunities with independent global reporting, expert commentary and analysis you can trust. By subscribing with Google you will be billed at a price in your local currency.

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The economy of Asia comprises more than 4. Moreover, Asia is the site of some of the world's longest modern economic booms, starting from the Japanese economic miracle —Miracle on the Han River — in South Korea, economic boom — in China and economic boom in India —present. As in all world regions, the wealth of Asia differs widely between, and within, states.

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BANGKOK - A booming plastics and packaging industry in Asia — including China — is being driven by rising incomes and consumption, with analysts saying a growing middle class will add to the rise in plastics demand across the region. But it comes along with a rising environmental alarm over plastic pollution in rivers and oceans. Online plastics industry websites paint a picture of growth and trade and investment worth billions of dollars to Asian economies.

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A man rides a bicycle under the flyover at the South Luzon Expressway in Manila on November 18, But the The Philippines is just one growth engine for the region stretching from Japan to Singapore, and infrastructure booms are just one source of booming economies. Here are the countries that the World Bank projects will grow fastest in East Asia and the Pacific this year:.

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