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.
Indonesian Parliament Ratifies RCEP Free Trade Mega-Pact
By Sebastian Strangio
Indonesia’s accession to the 15-nation agreement is a reminder of the extent to which economics is a priority for many Asia-Pacific nations.
How Sri Lanka Can Overcome Its Economic Crisis
By Talal Rafi and Sirimal Abeyratne
The government should take advantage of the crisis to do things that it could never attempt before, from addressing regressive subsidies to restructuring state-owned enterprises.
The Chip 4 Alliance Might Work on Paper, But Problems Will Persist
By Arjun Gargeyas
Can an envisioned supply chain partnership between the U.S., Japan, South Korea, and Taiwan actually become a reality?
What’s in Indonesia’s Proposed 2023 Budget?
By James Guild
Coming after two years of pandemic-induced deficit spending, the budget assumes a strong return to growth and revenue potential in the years to come.
Potential Logistical and Operational Costs of a China-Taiwan Conflict
By Sara Hsu
Half of the global container fleet passed through the Taiwan Strait this year, making it a critical waterway for global supply chains.
Why Does Indonesia’s Bank Jago Have Such a High Valuation?
By James Guild
The strong track record of the bank's leadership, and the broader optimism about the future of digital banking in Indonesia, have combined to raise investors' expectations.
Pacific Rim Economies in Doldrums, Sapped by Inflation, War
By Elaine Kurtenbach
Most economies in the region are just beginning to fully emerge from border closures and other pandemic-related precautions.
Rodrigo Duterte’s Economic Legacy in the Philippines
By James Guild
He came to office in 2016 with a promise to "Build, Build, Build." How do Duterte's economic achievements stack up?
Why is Vietnam’s VinFast Building an EV Factory in the United States?
By James Guild
The upstart auto maker is hoping that offshoring its manufacturing to the U.S. will help it tap into the growing American demand for electric vehicles.
The Economic Effects of Extreme Heat in China
By Sara Hsu
Extreme heat is roiling China, challenging individuals and businesses in carrying out everyday activities.
Military-Ruled Myanmar Facing Second Year of Negative Growth
By Sebastian Strangio
The risk assessment group Fitch Solutions predicts that the country's lost economic output won't be recouped until 2028.
The Scandal at Indonesian Charity Aksi Cepat Tanggap (ACT)
By James Guild
An investigation by the news magazine Tempo highlights the importance both of a free media and an empowered financial watchdog.