{
    "success": true,
    "data": {
        "id": 1018752,
        "msgid": "us-investment-in-asean-1447893297",
        "date": "1994-08-12 00:00:00",
        "title": "U.S. investment in ASEAN",
        "author": null,
        "source": "AFP",
        "tags": null,
        "topic": null,
        "summary": "U.S. investment in ASEAN BANGKOK (AFP): U.S. investment in ASEAN countries has topped that of Japan, reaching US$40 billion and likely to pass $200 billion by the end of the decade, a U.S. business representative said yesterday. Robert Driscoll, president of the U.S.-ASEAN Council, which promotes private business ventures in Southeast Asia, said U.S. investment to the region grew by $3 billion in 1993 alone, according to the U.S. Chambers of Commerce. U.S.",
        "content": "<p>U.S. investment in ASEAN<\/p>\n<p>BANGKOK (AFP): U.S. investment in ASEAN countries has topped<br>\nthat of Japan, reaching US$40 billion and likely to pass $200<br>\nbillion by the end of the decade, a U.S. business representative<br>\nsaid yesterday.<\/p>\n<p>Robert Driscoll, president of the U.S.-ASEAN Council, which<br>\npromotes private business ventures in Southeast Asia, said U.S.<br>\ninvestment to the region grew by $3 billion in 1993 alone,<br>\naccording to the U.S. Chambers of Commerce.<\/p>\n<p>U.S. investment \"is well in excess of $40 billion,\" based on<br>\ncurrent market values, he told a news conference here.<\/p>\n<p>He put Japan's investment in members of the Association of<br>\nSoutheast Asian Nations (ASEAN) at slightly below that figure at<br>\nabout $35 billion-to-$40 billion. The U.S. figures have doubled<br>\nsince 1987 and may top $200 billion by the end of the decade,<br>\nDriscoll said.<\/p>\n<p>But Driscoll, whose council spends nearly $1 million a year<br>\nfostering U.S.-ASEAN ties, said there were threats to continued<br>\ngrowth.<\/p>\n<p>Investment needed to diversify from the large-scale projects<br>\nin petroleum and electronics which pioneered foreign investment<br>\nhere, he said.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/us-investment-in-asean-1447893297",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}