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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.
With 2024 Budget, Malaysia Gets Serious About Taxes
By James Guild
The budget sends a clear message: that Malaysia is looking to pivot away from oil and gas as a major source of state revenue.
Breaking Down the $20 Billion in Indonesia’s Just Energy Transition Partnership
By James Guild
The financing terms on offer from the U.S., Japan, and the European Union fall short of a strong commitment to the country's decarbonization.
Are Investors Becoming Disillusioned With Southeast Asia’s Tech Companies?
By James Guild
Most of the region's major players are yet to live up to the hype that once surrounded them.
Australia, Indonesia Aim to Challenge China’s Dominance in EVs and Batteries
By Marina Yue Zhang
Indonesia and Australia are teaming up to challenge China's dominance in electric vehicles and battery manufacturing.
ASEAN Holds the Key to Reducing US Dependence on Taiwan’s Chip Industry
By Chin Hsueh
Despite U.S. “homeshoring” efforts, the last stage of the semiconductor supply chain remains concentrated in Taiwan. Southeast Asia is a promising alternative.
Thailand’s Economic Quagmire: Lagging Growth and Political Turbulence
By Prem Singh Gill
Once hailed as a regional economic powerhouse, Thailand now grapples with challenge that could jeopardize both its financial and political stability.
Will Cash Stimulus Jump-Start the Thai Economy?
By James Guild
Economic recovery from COVID-19 has been sluggish, but there might be better ways to kickstart consumer spending.
Indonesia’s Coming Geothermal Boom
By James Guild
The country has long experience with geothermal energy, making it one of Jakarta's preferred forms of renewable energy.
China’s Heavy Economic Legacy of State Ownership and Central Planning
By Itzhak Goldberg
Waning productivity and declining growth in China cannot be explained by the pandemic or even demographic shifts. It is also the consequence of an unfinished reform agenda.
How the ‘Fab 4’ Can Bring Clarity to Semiconductor Supply Chains
By Jaemin Lee
It’s time for the alliance to break away from its feeble, ad hoc gatherings and help foster the type of predictability that industry needs.
Is VinFast Destined To Be the Next Proton?
By James Guild
The Vietnamese EV maker is hoping to establish itself as a leading regional player, but so far its decision-making has been questionable.
Despite Criticisms, Thailand to Press Ahead With $13.8 Billion Stimulus Plan
By Sebastian Strangio
The plan, which will disperse 10,000-baht payments to 50 million Thais, has been come under fire from economists and the political opposition.