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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.
Will the Pandemic Derail Bangladesh’s Economic Growth?
By Anand Kumar
Yes, but how bad it gets depends on what Dhaka does and how the world progresses against the coronavirus.
COVID-19 Threatens Myanmar’s Economy
By Shah Suraj Bharat
Myanmar looks to East Asian states to support an ailing economy amid the pandemic.
China Tries to Revive Economy But Consumer Engine Sputters
By Associated Press
Restarting the Chinese economy will require an increase in consumer spending and confidence.
IMF Warns of Pandemic-Induced ‘Great Lockdown’
By Ankit Panda
The crisis to come may be the worst since the Great Depression of the 1930s, but with its geopolitical consequences still uncertain.
1MDB Scandal: US Returns $300 Million in Stolen Funds to Malaysia
By Associated Press
The money comes from assets forfeited last year by financier, Jho Low - a central figure in the 1MDB scandal - in a Los Angeles federal settlement.
Can Vietnam Manage COVID-19’s Big Economic Fallout?
By Thoi Nguyen
Fully dealing with the economic consequences of the global pandemic will likely require a comprehensive, calibrated, and balanced approach.
What the COVID-19 Outbreak Means for Afghanistan’s Troubled Economy
By Shoaib A. Rahim
The outbreak of the pandemic has and will further dent already depressed economic indicators.
Billion-Dollar Divorce Drama Around South Korea’s SK Group Continues
By Tae-jun Kang
The divorce case involving Chey Tae-won could reshape the governance of one of South Korea’s largest conglomerates.
China-led AIIB Approves First Emergency Loan for COVID–19 Relief
By Ankit Panda
The institution has also announced a broader fund for COVID-19 relief efforts.
The Investment War With China: US Investment in China
By Jean-Marc F. Blanchard
Part three of this series looks at American pressure on U.S. foreign direct investment in China
Asia Shares Rise Amid Hope of Slowing Coronavius Pandemic
By Associated Press
Asian shares rose Tuesday, echoing the rally on Wall Street, amid a few glimmers of hope that the coronavirus pandemic could be slowing.
Afghanistan Breaks Down Its Ministry of Finance
By Ibrahim Khan Jabarkhail
The attempt at reform is another step in the wrong direction.