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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.

Sun Cable’s Collapse and the Australian Role in Southeast Asia’s Energy Transition
February 02, 2023

Sun Cable’s Collapse and the Australian Role in Southeast Asia’s Energy Transition

By Nicholas Basan
Rather than focusing on exporting renewable energy to the region, Australian firms should invest directly in Southeast Asia's green transition.

Western Investors Are Losing the Ability to Shape the Future of Cambodian Microfinance
February 02, 2023

Western Investors Are Losing the Ability to Shape the Future of Cambodian Microfinance

By David Whitehouse
The industry's foreign financial backers are now aware of the scale of the country's over-indebtedness – but they have lost the ability to do much about it.
Indonesian Steel Exports Have Plummeted Due to EU Tariffs, Official Says
February 01, 2023

Indonesian Steel Exports Have Plummeted Due to EU Tariffs, Official Says

By Sebastian Strangio
Last week, Jakarta filed a complaint with the WTO over the European bloc's recently imposed anti-subsidy and anti-dumping tariffs.

Can Indonesia Achieve Its Electric Vehicle Ambitions?
February 01, 2023

Can Indonesia Achieve Its Electric Vehicle Ambitions?

By William Yuen Yee
If the government falls short of its ambitious EV adoption targets, it won't be for lack of effort.

The Philippines’ Post-Pandemic Economy Is Booming
January 31, 2023

The Philippines’ Post-Pandemic Economy Is Booming

By James Guild
The country's economy has rebounded from its COVID-19 recession, posting a growth rate of 7.6 percent in 2022.

The Myth of Doi Moi in Vietnam
January 31, 2023

The Myth of Doi Moi in Vietnam

By David Hutt
The country's people have flourished not because of the Communist Party of Vietnam, but in spite of it.

India’s Adani Mulls Suing US Short-seller as Shares Sink up to 20%
January 27, 2023

India’s Adani Mulls Suing US Short-seller as Shares Sink up to 20%

By Ashok Sharma and Krutika Pathi
A U.S. short-selling firm published a damning report airing concerns about the group's debt levels, activities of its top executives, use of offshore shell companies, and past investigations into fraud.
China’s Huawei Looks to Ports, Factories to Rebuild Sales
January 25, 2023

China’s Huawei Looks to Ports, Factories to Rebuild Sales

By Joe McDonald
Huawei is reinventing itself as a supplier of self-driving cars and automated industrial tech after U.S. sanctions crushed its smartphone brand.

Sun Cable Places Clean Energy Export Plans On Hold
January 24, 2023

Sun Cable Places Clean Energy Export Plans On Hold

By James Guild
The company had hoped to provide nearly half of Singapore’s clean energy imports in the coming decades.

Southeast Asia’s Cement Industrial Complex
January 17, 2023

Southeast Asia’s Cement Industrial Complex

By James Guild
The economics of cement production, particularly in emerging markets, are closely entwined with both politics and climate policy.

What’s Behind China’s Resumed Imports of Australian Coal? 
January 14, 2023

What’s Behind China’s Resumed Imports of Australian Coal? 

By Zhongzhou Peng
China’s decision to import Australian coal after a two-year ban was driven by diplomatic, not economic, considerations.
A Troubling Economic Trajectory in Bangladesh
January 13, 2023

A Troubling Economic Trajectory in Bangladesh

By Soumya Bhowmick
Bangladesh’s sensational growth story masks some concerning structural weaknesses that are now coming into play.

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