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.
De-Dollarization and the Importance of Public Sentiment in Cambodia
By Leang Seakleng
The challenge of promoting the use of the riel is not just one of monetary policy. It also touches on questions of Cambodian national identity.
China’s Interventionist Approach to Managing Financial Risks
By Nicholas Borst
While Beijing has studied the mistakes of past financial cleanups, its current approach risks making new ones.
The Revival of Rail Infrastructure in the Philippines
By James Guild
The ADB and JICA are currently funding extensive upgrades to the country's railways and urban mass transit systems.
Macao, ‘Las Vegas of Asia,’ Tells Casinos to Grow Beyond Gambling
By Joe McDonald
Authorities in Macao now seem to be aligning with official strategy on China's mainland, where foreign companies are required to help pay for the ruling Communist Party's development ambitions.
Why Indonesia Needs to Reform Its System of Energy Subsidies
By I Dewa Made Raditya Margenta and Filda C. Yusgiantoro
State subsidies help keep energy affordable for low-income Indonesians. They may also be holding up its green energy transition.
China’s Delivery Drone Rollout: Slow but Steady
By Sara Hsu
China has increased the use of delivery drones to resolve the issue of distant rural deliveries as well as high urban demand pressures.
Return of Industry and Loosening of Tech Restrictions Paves the Way for Chinese Stock Recovery
By Dmytro Spilka
Despite the strong recovery, the situation in China remains volatile.
What Do High Oil Prices Mean for Clean Energy in Southeast Asia?
By James Guild
Net energy importers may be forced into a quicker transition, but the same is not true of nations with a large amount of oil and gas at their disposal.
China’s Up-and-Coming Sports Gear Makers: When Politics Meets Business
By Nils Bayer
China’s indigenous sports apparel companies have made great strides in their domestic market, in part by embracing the CCP’s line. That decision poses steep hurdles for their expansion abroad.
India’s Urban Unemployment Crisis
By Rupa Kumari
The urban unemployment crisis, sparked by the COVID-19 pandemic, continues to drag India’s economy down.
Garuda Indonesia Strikes Debt Restructuring Deal
By James Guild
The arrangement will help keep the partly state-owned airline airborne for the foreseeable future.
What the Federal Reserve’s Rate Hikes Mean for Southeast Asia
By James Guild
Despite some short-term pain, most of the region's economies should be in relatively sound position to ride out the Fed's monetary tightening.