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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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IPO Listings Slow in Asia

IPO Listings Slow in Asia

By Dmytro Spilka
The end of the IPO gold rush in Asia points to an evaporating market for offerings.
The COVID-19 Pandemic Provided Fertile Ground for Corruption

The COVID-19 Pandemic Provided Fertile Ground for Corruption

By Catherine Putz
From Kyrgyzstan and Vietnam to Japan, the pandemic provided fertile ground for corruption from the top of health ministries to average citizens scamming the system.

Can the EU Save the CPTPP?

Can the EU Save the CPTPP?

By Jo Tamura
The CPTPP needs more market share. The EU needs to expand its trade leadership in the Asia-Pacific.

What Malaysia’s Digital Banking Licenses Tell Us

What Malaysia’s Digital Banking Licenses Tell Us

By James Guild
The Malaysian central bank has awarded five digital banking licenses. What value will they add to the country's financial system?

Blockchain in Southeast Asia: Striking a Balance Between Innovation and Protection

Blockchain in Southeast Asia: Striking a Balance Between Innovation and Protection

By Sean Tan
The growing ubiquity of blockchain technology in the region raises several questions regarding the creation of a safe environment for regional fintech innovation.
What’s Causing the Currency Crisis in Laos?

What’s Causing the Currency Crisis in Laos?

By James Guild
Mounting foreign liabilities and thin foreign exchange reserves have left the nation of 7 million acutely vulnerable to global financial shocks.

Export Body Casts Doubt on Thailand-Vietnam Rice Cartel Plan

Export Body Casts Doubt on Thailand-Vietnam Rice Cartel Plan

By Sebastian Strangio
Last week, a Thai official said that Thailand and Vietnam were considering forming a cartel in order to raise rice prices and increase farmer income.
China’s Real Estate Slump: Underlying Issues

China’s Real Estate Slump: Underlying Issues

By Sara Hsu
Although the current approach will ease some major indicators, such as property sales and prices, they will not necessarily resolve the core issues.

‘KKN di Desa Penari’ Becomes Indonesia’s Biggest Ever Homegrown Blockbuster

‘KKN di Desa Penari’ Becomes Indonesia’s Biggest Ever Homegrown Blockbuster

By James Guild
As Indonesian box office sales continue to rise, so too is the demand for locally produced films.

COVID-19 Lockdowns Bring Economic Woes for China

COVID-19 Lockdowns Bring Economic Woes for China

By Dmytro Spilka
China’s stock market woes added to a broader economic downturn in recent weeks, amid tough lockdowns in major cities.

The Economic Outlook for the Philippines Under Ferdinand Marcos Jr.

The Economic Outlook for the Philippines Under Ferdinand Marcos Jr.

By James Guild
The new president will take the reins at a time of high inflation and monetary tightening in the global financial system.
What’s Behind China’s Ban on NFTs?

What’s Behind China’s Ban on NFTs?

By Sara Hsu
Chinese authorities have made it clear that they do not welcome financial elements of the new economy, including NFTs.

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