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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.
Thailand, EU Agree to Restart Free Trade Pact Negotiations
By Sebastian Strangio
Brussels called a halt negotiations in mid-2014, shortly after the Thai military seized power in a coup.
Vietnam Has a Long Way to Go on Decarbonization
By Vincenzo Caporale
In order to attract foreign investment in zero-carbon energy sources, the government will have to undertake serious structural reforms.
Is the New Bank of Japan Governor Up to the Task?
By KOMINE Takao
Incoming BOJ head Ueda Kazuo faces some difficult challenges.
Why Will People Want to Live in Indonesia’s New Capital?
By James Guild
Despite the government's expansive vision, purpose-built, concept-driven projects like Nusantara have a poor track record of success.
Indonesia Announces Subsidies to Boost EV Uptake
By Sebastian Strangio
President Joko Widodo is hoping to transform Indonesia into a leading manufacturer of batteries and electric vehicles.
China’s New Legislation on Deepfakes: Should the Rest of Asia Follow Suit?
By Asha Hemrajani
China’s new regulations on deepfakes are the most comprehensive in the world. Will they provide a model for the rest of Asia to follow?
Why Vietnam’s State-Owned Electric Utility EVN is in Financial Trouble
By James Guild
According to recent reports, the utility is posting huge losses and may run out of cash as early as May.
In China, Lawyers Don’t Need to Keep Your Secrets
By Bonnie Girard
China has many of the trappings of a Western legal system, but lacks the substance – including a guarantee of attorney-client privilege.
Breaking Down Singapore’s 2023 Budget
By James Guild
The city-state's economic mandarins are signaling a return to normalcy after the waning of the COVID-19 pandemic.
Will China Create a New State-Owned Enterprise to Monopolize Artificial Intelligence?
By Shaoshan Liu
Since AI has become essential to national interest, China may not be willing to leave its development in the hands of private companies.
China’s 3 Pathways to Green Steel
By Chin Hsueh
China’s steel industry is a crucial part of its decarbonization efforts – and thus the fate of the global fight against climate change.
Are Foreign Investors Returning to Southeast Asia in 2023?
By James Guild
With regional financial markets less dependent than ever on foreign capital, a lot less is hanging on the question than in years past.