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.
Taiwan Chipmaker TSMC Says Quarterly Profit $8.8 Billion
By Associated Press
Chipmakers are benefiting for demand for next-generation telecoms, high-performance computing and chips for use in products from cars to medical devices.
Why the Philippines Is Increasing Spending in the 2023 Budget
By James Guild
Planners are banking on strong economic growth, reduced inflation, and a strengthening peso in 2023. But are these assumptions sound?
The Meteoric Rise of Indonesia’s Bayan Resources
By James Guild
The firm's share value has defied the broader downward trend in the Indonesian stock market since late 2021.
How to Read China’s Unwritten Rules and Regulations
By Viktar Fedaseyeu and Adam Yu
China relies on implicit regulations to encourage innovation while containing its potential risks. Firms doing business in China must embrace the nature of its regulatory culture.
Economic Resilience in Central Asia Amid Russian War in Ukraine
By Catherine Putz
On the back of high remittances and oil and gas revenues, the outlook for Central Asia’s economies has improved. But it’s not all good news.
Reliance on Hydrocarbons Still Key for Kazakhstan
By Paolo Sorbello
Bullish talk about oil and gas at an industry conference has pushed back the country's energy transition plans.
Why Vietnam’s Economic Future is Bright – and Growing Brighter
By Vincenzo Caporale
Despite some potential headwinds, Vietnam is well positioned to capitalize economically on the growing Sino-American competition.
Vietnam Becomes Asia’s Economic Leader as China’s Growth Decelerates
By Sebastian Strangio
Elsewhere in Southeast Asia, the picture was cautiously positive as the region's economies finally moved out of their pandemic-induced slumps.
Can ASEAN Currencies Hold Up as the Fed Raises Rates?
By James Guild
Despite the aggressive monetary tightening by the U.S. Federal Reserve, many regional currencies are holding up surprisingly well.
ADB to Devote $14 Billion to Help Ease Food Crisis in Asia-Pacific
By Associated Press
The Asian Development Bank’s plan calls for improving long-term food security by strengthening farming and food supplies to cope with climate change and loss of biodiversity.
Asian Development Bank Cuts Forecasts to Reflect Weakening Outlook
By Elaine Kurtenbach
The ADB cut its estimate for growth in Asia’s developing economies to 4.3 percent, down from an earlier forecast of 5.2 percent. But the slowdown is not evenly distributed.
Greening Pains: Can Petronas Make the Leap to Renewables?
By Gulzhan Musaeva
With a government to provide for and its own pecuniary interests, the Malaysian state oil and gas giant is unlikely to change dramatically.