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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.
Are Indonesia’s State-Owned Construction Companies in Trouble?
By James Guild
The recent financial struggles of Waskita Karya raise questions about the sector's reliance on short-term debt.
Foreign Holders of China’s Government Debt Jump Ship in February
By Nathan Handwerker
Speculation that Russia might liquidate its yuan-based foreign reserves has spooked investors, resulting in the biggest month-to-month loss ever.
Why Singaporean Tech Firms Grab and Sea Are Seeing Their Stock Prices Tumble
By James Guild
Both Grab and Sea have seen share prices plunge, but their outlooks are quite different.
Korea-US Free Trade Agreement Turns 10
By Troy Stangarone
Analyzing the impact of KORUS a decade after it came into force.
CPTPP: Can We Expect Additional Southeast Asian Members Soon?
By Shannon Hayden and Javiera Heine
Evaluating the chances of Thailand, the Philippines, and Indonesia joining the mega-trade pact.
How the Russian Invasion of Ukraine Might Impact ASEAN Economies
By James Guild
While the economic fallout from the war and ensuing sanctions is hard to predict, it is likely to be significant.
How the Russia-Ukraine War Has Slammed Indonesia’s Energy Security
By I Dewa Made Raditya Margenta and Filda C. Yusgiantoro
Russia's invasion has exposed the country's vulnerability to shocks in the global energy markets.
Russia Eyes Sanctions Workarounds in Energy, Gold, Crypto, and China
By Fatima Hussein
Putin is expected to move funds through smaller banks, lean on energy sales, deal in cryptocurrency, and rely on Russia's relationship with China.
Why Are Philippine Courts Blocking Sugar Imports?
By James Guild
The move is an attempt to balance the interests of Filipino farmers and consumers.
Bank Negara Malaysia to Award Digital Banking Licenses
By James Guild
The Malaysian central bank's move follows Singapore's awarding of digital banking licenses at the end of 2020.
China’s Financial Standardization Plan Does Not Reduce Funding Barriers
By Sara Hsu
While the plan is useful in continuing to regulate China’s growing financial landscape, it does nothing to alter China’s trajectory of channeling funds to the state sector.
Gojek and Foxconn Enter Indonesia’s Electric Vehicle Race
By James Guild
In the race to become the region's EV powerhouse, Southeast Asian nations are seeking the involvement of state companies with a strong stake in fossil fuels.