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.
Southeast Asian Currencies End the Year on a High Note
By James Guild
Many of Southeast Asia’s major currencies came under pressure this year but are ending the year strong.
MSMEs: The Key to Indonesia’s Decarbonization Efforts
By Hasintya Saraswati
Without support for small businesses, the country will struggle to achieve its ambitious climate goals.
Indonesia to Ban Exports of Bauxite From June 2023
By Sebastian Strangio
The move follows a ban on exports of unprocessed nickel ore that came into effect at the start of 2020.
China-US Competition: Who Will Win the Digital Infrastructure Contest？
By Kenson Yeoh and Dingding Chen
China's vision for hybrid digital infrastructure is distinct from the United States' emphasis on dedicated digital infrastructure.
Why Economic Nationalism is on the Rise in Southeast Asia
By James Guild
Indonesia reflects the growing global trend of nations intervening in markets in pursuit of domestic development and strategic goals.
China’s Trickle-Down Supply Chain: From Intelligent Electric Vehicles to Robots
By Shaoshan Liu
The IEV supply chain, including its talent pool, technologies, and manufacturing capabilities, will accelerate China’s economic transformation into the automation age.
Why Does the Philippines Want a Sovereign Wealth Fund?
By James Guild
Such funds are usually set up in smallish commodity exporting nations that run large current account surpluses. The Philippines is neither of these.
Tesla Launches in Thailand, Vying to Compete with China EVs
By Tassanee Vejpongsa and Tian Macleod Ji
Southeast Asia's market of more than 600 million consumers is increasingly a focus for automakers looking to expand sales, especially of electric vehicles.
Eyeing the US Market, Vietnamese Automaker Files for New York IPO
By Sebastian Strangio
The move came two weeks after the upstart EV manufacturer VinFast shipped its first batch of completed cars to the United States.
Indonesia’s $20 Billion Energy Transition Partnership Takes Shape
By James Guild
The Just Energy Transition Partnership has laid out a roadmap to net zero, but many details are still only vaguely sketched.
Russian Oil Price Cap, EU Ban Aim to Limit Kremlin War Chest
By David McHugh
Western leaders are walking a fine line between trying to cut Russia's oil income and preventing an oil shortage that would cause a price spike and worsen inflation.
China’s Bet on Intelligent Electric Vehicles
By Shaoshan Liu
After a decade of continuous investment, China is now poised to take on global leadership of the IEV industry.