Yes! You can. All you need to ensure is that at least one of the Domain Contacts (Registrant, Admin, Tech, or Billing) should reside in one of the .ASIA countries. The Domain Contact used for this purpose, will be referred to as the CED (Charter of Eligibility Declaration) Contact.
List of .ASIA countries:
ae United Arab Emirates
af Afghanistan
am Armenia
aq Antarctica
au Australia
az Azerbaijan
bd Bangladesh
bh Bahrain
bn Brunei Darussalam
bt Bhutan
cc Cocos (Keeling) Islands
ck Cook Islands
cn China
cx Christmas Island
cy Cyprus
fj Fiji
fm Micronesia, Federated States of
ge Georgia
hk Hong Kong
hm Heard Island and McDonald Islands
id Indonesia
il Israel
in India
iq Iraq
ir Iran, Islamic Republic of
jo Jordan
jp Japan
kg Kyrgyzstan
kh Cambodia
ki Kiribati
kp Korea, Democratic People's Republic of
kr Korea, Republic of
kw Kuwait
kz Kazakhstan
la Lao People's Democratic Republic
lb Lebanon
lk Sri Lanka
mh Marshall Islands
mm Myanmar
mn Mongolia
mo Macao
mv Maldives
my Malaysia
nf Norfolk Island
np Nepal
nr Nauru
nu Niue
nz New Zealand
om Oman
pg Papua New Guinea
ph Philippines
pk Pakistan
ps Palestinian Territories
pw Palau
qa Qatar
sa Saudi Arabia
sb Solomon Islands
sg Singapore
sy Syrian Arab Republic
th Thailand
tj Tajikistan
tk Tokelau
tl Timor-Leste
tm Turkmenistan
to Tonga
tr Turkey
tv Tuvalu
tw Taiwan
uz Uzbekistan
vn Viet Nam
vu Vanuatu
ws Samoa
ye Yemen
