Authors: Damien Tomkins and Aaron Siirila More than 46,000 students from Southeast Asia came to the United States for the academic year 2010-2011, comprising 6 percent of all foreign students in the United States, according to the Institute of International Education (IIE). However, growth has been slow, with only a 10 percent increase over the [...]
People of Asian descent grew faster than any race group in the United States, with Filipinos and Vietnamese in the top four ethnic groups, according to a new report released by the US Census Bureau. A total of 17.3 million people identified themselves as either Asian alone (14.7 million) or Asian-in-combination (2.6 million) in the [...]
Last November, Boeing announced its largest ever commercial sale when it signed a deal with Indonesia’s Lion Air for 230 aircraft valued at $21.7 billion. The importance of the commercial aviation industry to the U.S. overall economy cannot be overstated. Slate reported that Boeing’s exports in 2009 made up 1.8 percent of total U.S. exports, [...]
Andrew J. Shapiro, Assistant Secretary of State for Political-Military Affairs, has begun his week-long trip to Southeast Asia to strengthen defense and security ties within the region. From February 8-16, Assistant Secretary Shapiro will be travelling to the Philippines, Indonesia, Singapore, and Malaysia. Assistant Secretary Shapiro’s agenda is as follows: February 9-11, Manila, Philippines – [...]
Last week marked the start of the year of the dragon throughout much of East Asia, but thousands of young people celebrated the Lunar New Year half a world away on college campuses across the United States. Chinese New Year, Spring Festival, and Tet celebrations have become increasingly common as the population of international students [...]
American volunteerism is expanding in Southeast Asia. The Peace Corps, a volunteer organization affiliated with the US government that is celebrating its 50th anniversary this year, is growing beyond its traditional posts in the Philippines and Thailand to include active presence in Cambodia and Indonesia. Soon, American volunteers—not affiliated with the Corps—will also be active [...]
According to recently released figures from the US Bureau of Economic Analysis (BEA), Southeast Asian foreign direct investment (FDI) in the United States is making a recovery from the effects of the Global Financial Crisis. While Southeast Asia’s FDI stock in the United States declined by 18 percent, or $4.9 billion, from $26.6 billion in [...]
Southeast Asia, when taken as a whole, imported $70.4 billion of US merchandise in 2010, a 61-percent increase from the 2001 figure of $43.8 billion. This signals a return to the upward trend in US merchandise exports to the region following the disruption of the Global Financial Crisis, when such exports fell from a high [...]
Southeast Asia will continue to grow more important for American companies operating in the region. Bolstered by improved global economic prospects and easing financing constraints, American companies are expecting increased profits, expanded business opportunities, and more hiring from the region over the next two years. For many American companies, the region’s major attraction is its [...]
Southeast Asia is an increasingly important player in the US seafood market. Although stagnant fish stocks, growing demand for seafood products, and chronic overfishing are constraining mature fishery sectors, such as the United States’, the same trends are bringing about opportunities for countries with developing fishery sectors that can pick up the slack in the [...]
