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Pacific Money
The 21st century is commonly referred to as the 'Pacific Century.' For such a prediction to materialize, the economies of the Asia-Pacific must lead the globe. What challenges will the region face? What nations stand to benefit most? The Diplomat's economics and business blog, Pacific Money, will try to tackle these questions and more.
Despite the ‘De-risking’ Buzz, Some Multinationals Are Doubling Down in China
By Thomas Zhang
In the future we are likely to see fewer new entrants into the Chinese market, while players with established operations there will get bigger and stronger, more focused on serving Chinese consumers and businesses.
Microsoft CEO Announces AI Investments in Indonesia, Thailand
By Sebastian Strangio
Satya Nadella has pledged to expand the infrastructure needed to support the firm's AI services in the fast-growing region.
Samsung Reports a 10-fold Increase in Profit as AI Drives Rebound in Memory Chip Markets
By Associated Press
Samsung projected the memory chip market to remain strong in the coming months, driven by the expansion of generative AI technologies.
Southeast Asian Tourism Slowly, But Steadily, Recovered in 2023
By James Guild
Is this the year that the region's tourist sector finally returns to its pre-pandemic levels?
How the Indonesia Investment Authority Built Its Portfolio in 2023
By James Guild
Three years after its establishment, the purpose of the state-run investment fund is starting to come into focus.
US and Europe: 2 Different Approaches to Restricting Chinese EVs
By You Wang
As China's overcapacity becomes a buzzword, restrictions on Chinese electric vehicles are expected. However, the objectives, approaches, and anticipated outcomes differ between Europe and the U.S.
Apple Considering Opening a Factory in Indonesia, CEO Says
By Sebastian Strangio
Tim Cook said that the giant tech firm would "look at" options in Indonesia, as it continues to reduce its heavy reliance on Chinese supply chains.
Beyond Tariffs: Overcapacity Ignites Fresh Tensions in China-US Trade Relations
By Lizzi C. Lee
Traditional tools no longer suffice. Policymakers in both countries must embrace paradigm-shifting solutions for new challenges.
Does Thailand’s Plan to Finance Its 500 Billion Baht Stimulus Make Sense?
By James Guild
Prime Minister Srettha Thavisin's government has struggled to fund its massive "digital wallet" stimulus program.
Behind the EU’s New Probe Into China’s Green Tech Subsidies
By Valeria Fappani and Blanca Marabini San Martín
The latest probe is just the beginning of EU efforts to adjust to a “new world” focused on economic security.
Indonesia’s Scorpene Submarine Deal With France, Explained
By James Guild
Under the terms of the long-awaited deal, two of the French submarines will be built in Indonesia by the state shipbuilding firm PT PAL.
Southeast Asian Tech Giants Poised for Profitability in 2024
By James Guild
After years of breakneck expansion, many of the biggest players are beginning to turn their attention toward maximizing profits.
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