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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.

Singapore Is in Perfect Position to Court AI Companies From China

Singapore Is in Perfect Position to Court AI Companies From China

By Grace Shao
With China facing advanced chip and equipment bans from the United States, Singapore is an increasingly attractive place for Asia-based talent to set up AI companies.

China Targets Europe’s Farmers, Not Its Automakers, in Response to EU Tariffs on Electric Cars

China Targets Europe’s Farmers, Not Its Automakers, in Response to EU Tariffs on Electric Cars

By Associated Press
China’s Commerce Ministry announced Monday that it is opening an anti-dumping investigation into pork from Europe, widely seen as a response to the EU move on electric cars.
Southeast Asia’s Digital Banking Race Has Gotten Off to a Slow Start

Southeast Asia’s Digital Banking Race Has Gotten Off to a Slow Start

By James Guild
Digital banking services have struggled to live up to the hype, even in nations like Indonesia, where large numbers of people lack regular access to financial services.

What Is Happening at Indonesian State-Owned Pharmaceutical Company Indofarma?

What Is Happening at Indonesian State-Owned Pharmaceutical Company Indofarma?

By James Guild
The company has recently come under investigation for its involvement in a long list of fraudulent activities.

From Tsai to Lai: Taiwan’s Economic Security Reforms Amid the AI Chip Surge

From Tsai to Lai: Taiwan’s Economic Security Reforms Amid the AI Chip Surge

By Jeremy Chih-Cheng Chang and Chiang Min-yen
Reviewing past achievements and highlighting three unfinished challenges.

What’s Driving Taiwan’s Mass Protests?
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What’s Driving Taiwan’s Mass Protests?

Myanmar Growth to Remain Stagnant As Conflict, Displacement Spreads

Myanmar Growth to Remain Stagnant As Conflict, Displacement Spreads

By Sebastian Strangio
The World Bank predicts the country's economy to grow by 1 percent this fiscal year, but even that seems optimistic in the current circumstances.

Why Southeast Asian Telcos Are Taking Losses on Their Overseas Holdings

Why Southeast Asian Telcos Are Taking Losses on Their Overseas Holdings

By James Guild
The region's firms are suffering as governments begin tightening their control over strategically sensitive sectors.
Does the Sanctioned Daughter of the Kremlin’s Press Chief Have a Kazakh Bank Account?

Does the Sanctioned Daughter of the Kremlin’s Press Chief Have a Kazakh Bank Account?

By Catherine Putz
A recent report suggests that Elizaveta Peskova may have registered for an individual identification number in Kazakhstan -- that in turn may have enabled her to access the Kazakh banking system.

Shenzhen, China: The World Pioneer in Electric Vehicles

Shenzhen, China: The World Pioneer in Electric Vehicles

By Takahashi Kosuke
The public and private sectors work together to promote the spread of EVs, as evidenced by the city’s fully electric bus and taxi fleets. 

The Other Half of ‘Chip 4’: Japan and South Korea’s Different Paths to De-risking

The Other Half of ‘Chip 4’: Japan and South Korea’s Different Paths to De-risking

By Charles Mok
As Japan's semiconductor revival is firing on all cylinders, South Korea must move past its dependence on China to find its groove again.

Lessons From Lithuania: How ASEAN Can Manage Economic Risks With China

Lessons From Lithuania: How ASEAN Can Manage Economic Risks With China

By Shay Wester
Lithuania’s experience provides a wake-up call for Southeast Asia about the risks of economic coercion.
Malaysia Unveils Plans to Become Next Global Chip Hub

Malaysia Unveils Plans to Become Next Global Chip Hub

By Sebastian Strangio
Anwar Ibrahim has pitched Malaysia to foreign chipmakers as "the most neutral and non-aligned location for semiconductor production."

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