Founded in 1967 during the Cold War, ASEAN steadily weathered storms to become a stable 10-nation bloc, which now draws Asian and world powers in annual gatherings and is forecast to become the fourth-largest economy in the world in three decades.
A number of the members of the Association of Southeast Asian Nations (ASEAN) and China have overlapping claims to islands in the sea, one of the world's busiest waterways. For years they have been discussing a pact to prevent an escalation of disputes.
Founded in 1967 in the Cold War era as a bulwark against communism, ASEAN has a bedrock principle of non-interference in each other's domestic affairs and decides by consensus, meaning even one member state can doom any proposal it deems offensive.
Thailand/Singapore, Dec 04 (ANI): Tokyo-based leading manufacturing company of consumer electronics, Casio Computer established subsidiary in Thailand - the largest market in ASEAN. Casio has strengthened relationship with Thailand with the introduction of Casio Marketing Thailand. Casio Marketing Thailand was established in July last year, as the fourth subsidiary of Casio in the ASEAN region. The company first established ASEAN regional headquarter in Singapore in 2001 and expanded its sales offices to Indonesia in 2011 and Malaysia in 2014. Casio has been promoting its products and brands through its distributor networks in Thailand since the 1970s. Casio brand are most famous for its best selling G-SHOCK, with total sales of over 80 million units since its first sales in 1983. Casio introduced the new model of G-SHOCK MTG series, which added to Casio’s “Global Time Sync” collection, featuring world’s first “GPS Hybrid Wave Ceptor Technology” which utilizes radio wave time calibration and GPS signals for instant and precise timekeeping across the changing time zones. Casio is also a market pioneer for the next generation projector.