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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.

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South Asia to Grow by Nearly 6% This Year

South Asia to Grow by Nearly 6% This Year

By Krutika Pathi
The region is growing faster than all other emerging markets.
Is Vietnam Ready to Build Mega-Airport Projects?

Is Vietnam Ready to Build Mega-Airport Projects?

By James Guild
Despite its delays, the multibillion-dollar Long Thanh International Airport project could mark a shift in how Vietnamese state firms build vital infrastructure.

Despite China-US Dialogues, Semiconductor Supply Chain Remains Uncertain

Despite China-US Dialogues, Semiconductor Supply Chain Remains Uncertain

By Darson Chiu and Arisa Liu
The Biden administration is picking up the pace of engagements with China, while simultaneously continuing to tighten restrictions on China’s access to chip technology.

Indonesia Bans E-Commerce on Social Media Networks

Indonesia Bans E-Commerce on Social Media Networks

By Sebastian Strangio
The ban is set to impact the Chinese social media network TikTok, which has launched an aggressive expansion into the e-commerce space.

The Australia-India Trade Agreement: The Start of Something More for India?  

The Australia-India Trade Agreement: The Start of Something More for India?  

By Parth Sharma
The early results of the AI-ECTA have been positive, and could remind Indian officials of the merits of free trade agreements and tariff elimination.
What Does the EU’s Carbon Border Adjustment Mechanism Mean for Asian Economies?

What Does the EU’s Carbon Border Adjustment Mechanism Mean for Asian Economies?

By Sacha Shaw
Although the exposure of Asian markets is initially limited, CBAM could signal a major shift in both emissions reduction and global trade. 

Southeast Asia’s Data Center Boom

Southeast Asia’s Data Center Boom

By James Guild
Firms' increasing need for processing power and data storage is driving a rapid expansion of the sector.
What Does Huawei’s Homemade Chip Really Mean for China’s Semiconductor Industry?

What Does Huawei’s Homemade Chip Really Mean for China’s Semiconductor Industry?

By Megha Shrivastava
In the end, the breakthrough may be largely symbolic – but that's precisely how it will have the biggest impact.

MRT, HSR, LRT: Indonesia’s Alphabet Soup Approach to Public Transit

MRT, HSR, LRT: Indonesia’s Alphabet Soup Approach to Public Transit

By James Guild
Assessing three major transport infrastructure projects that are nearing completion.

US Chipmakers March South as Vietnam Subsidizes Its Tech Future

US Chipmakers March South as Vietnam Subsidizes Its Tech Future

By Arrian Ebrahimi
Just as Vietnam comes into its unique role in China-U.S. relations, Hanoi’s policymakers are trying to find their niche in the global semiconductor industry.

The Push to Make Indian Manufacturing Globally Competitive

The Push to Make Indian Manufacturing Globally Competitive

By Prachi Priya and  Aniruddha Ghosh
The government’s Production Linked Incentive (PLI) scheme seeks to buoy India’s manufacturing sector, but don’t expect it to be a gamechanger.
ASEAN’s Window of Opportunity for Shaping Global Data Governance

ASEAN’s Window of Opportunity for Shaping Global Data Governance

By Jesslene Lee
The bloc's roadmap for digital integration could help set global norms at a time when distinctive models of data regulation are forming. 

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