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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.
More Fintech Regulation on the Horizon in China
By Sara Hsu
The Chinese government continues to add oversight and structure to the rapidly growing sector.
Will Mandalika Be the Next Bali?
By James Guild
The state was heavily involved in getting Indonesian tourism going in the 1970s, but today's industry may call for a more hands-off approach.
Why Khazanah Nasional Just Bailed Out Malaysia Airlines
By James Guild
Sometimes the state has an interest in controlling firms in critical sectors like transportation, even if they are hemorrhaging money.
Why is Timor-Leste Still Unable to Diversify its Economy?
By Joao da Cruz Cardoso
Many changes are necessary if the country is to break the shackles of oil dependency and build a more diverse and sustainable economy.
Is Taiwan a Ticking Time Bomb in the Semiconductor Supply Chain?
By Kevin Curran
The overwhelming reliance on Taiwan for critical supply elements creates a combustible situation for the global economy.
Last Week Singapore Released Its 2021 Budget. What’s in It?
By James Guild
In the aftermath of COVID-19, the city-state is characteristically looking to the private sector to get the economy moving again.
Are Japan and South Korea Serious About Ending Coal Financing in Southeast Asia?
By James Guild
A pledge to curtail financing for coal projects has come amid a rash of new coal-fired power plant investments.
Indonesia Has Plans to Expand Its Money Market. Is That a Good Idea?
By James Guild
Money markets could bring great benefits to the country's economy, alongside an injection of systemic risk.
Sri Lanka’s Foreign Debt Crisis Could Get Critical in 2021
By Umesh Moramudali
Sri Lanka’s debt problem has deep roots. How bad things can get in 2021?
The Philippines’ COVID-19 Economic Rescue Plan: Bayanihan 1 and 2
By James Guild
In addition to supporting healthcare and low-income households, Manila has focused on propping up its agricultural sector, which employs nearly a quarter of Filipinos.
Rising Shipping Costs in China Add Weight to Decoupling Calls
By Bonnie Girard
The latest knock-on effect of the pandemic -- ballooning shipping costs for Chinese exports -- have laid bare the risks of current supply chain patterns.
Will the EU-China Investment Agreement Survive Parliament’s Scrutiny?
By Zsuzsa Anna Ferenczy
A look at the remaining process for the CAI and the crucial role of the European Parliament, which could still vote the deal down.