Blog
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.
Indonesia Announces New Tax Incentives to Encourage EV Sales
By Sebastian Strangio
The latest announcement reflects the Indonesian government’s desire to stay at the forefront of the region's EV production race.
Why Malaysia’s Pharmaniaga Is In Financial Trouble
By James Guild
And why its troubles might be short-lived.
Indonesia’s Fossil Fuel Subsidies Threaten its Energy Transition
By Galen Erickson
The subsidies could prevent the country from achieving its ambition of becoming a renewable energy powerhouse.
The Benefits of Japan’s Climate Transition Bond
By Walter James
The government plans to use the proceeds on technologies that will steer Japan’s government and industry on the right track in terms of both climate and export competitiveness.
Taiwan’s Semiconductor Talent Shortage
By Ray Wang
The island's famed semiconductor sector is struggling to recruit sufficient numbers of chipmakers, posing a long-term threat to the industry.
The 2024 Indonesian Election is All About the Economy
By James Guild
The country's economy has grown by an average of 4.2 percent each year that Jokowi has been in office – and voters want more of the same.
What South African Rooibos Tea Can Tell Us About Africa-China Trade Flows
By Rosie Wigmore
The example of South Africa’s famous tea variety speaks to unfinished business in expanding African exports to China – including Beijing’s recognition of African Geographical Indications.
China Names a New Stock Regulator in a Bid to Soothe Markets
By Elaine Kurtenbach
Wu Qing, a former chair of the Shanghai Stock Exchange with a reputation for being tough on market misbehavior, is the new head of the China Securities Regulatory Commission.
Why Vietnam Agreed to Supply the Philippines with Rice For Five Years
By James Guild
The arrangement is an encouraging example of Southeast Asian solidarity and regional self-sufficiency.
How China’s EVs are Taking Thailand by Storm
By Li Xirui
Chinese automakers have succeeded in the Thai market by adopting comprehensive localization strategies.
The Role of Thailand in Germany’s Auto Manufacturing Future
By Tim Hildebrandt
German-Thai cooperation encapsulates the complex dance between strategic competition and global industry dynamics.
Greenflation and the Role of Prices in Clean Energy Transitions
By James Guild
The shift to renewable energy inevitably involves massive costs. The question is: who should pay?