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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.
What is the Tatak Pinoy Act?
By James Guild
The Philippines wants to push into more advanced manufacturing activities, but the current state of the global economy will pose challenges.
Traders Observe Daylong Strike Across Pakistan to Protest Rising Costs and New Taxes
By Associated Press
Most of the public markets across Pakistan were closed on Wednesday to protest a rise in electricity costs and new taxes imposed on shop owners.
The Big Numbers India Needs to Hit 2047 Target
By Mandar P. Oak
Modi’s Independence Day speech focused on the goal of ‘Viksit Bharat,' meaning developed India, by 2047. Achieving that would need an economic miracle.
The US Can Accelerate India’s Rise as a Legacy Chip Hub
By Satya S Sahu and Amit Kumar
Friendshoring supply chains for legacy chips to countries like India is likely the most feasible long-term solution for the West in the face of China’s dominance.
Understanding the Significance of China’s Antimony Export Controls
By Gregory Wischer and Morgan Bazilian
The Chinese government will probably continue to allow some antimony exports to the United States, sending a retaliatory signal but also keeping the U.S. reliant on Chinese mineral supplies.
In Indonesia, E-Commerce App Temu Receives a Frosty Reception
By Muhammad Zulfikar Rakhmat and Yeta Purnama
Jakarta is worried that the platform's "factory-to-consumer" business model will undermine the country's millions of small businesses.
The AIIB’s $5 Billion Investment Pledge to Vietnam, Explained
By James Guild
The development bank and its primary backer, China, seem set to compete with the Japanese government in financing major infrastructure in Vietnam.
Indonesia’s Bold Bid to Become a Semiconductor Hub
By Patrick Kurniawan
The country enjoys some natural advantages, but faces significant challenges in outpacing its neighbors.
As New Players Upend the EV Market, Indians Want Their Money Back for Undelivered Teslas
By Aniruddha Ghosal
In the eight years since Tesla’s initial promise to sell cars in India, other automakers have launched their own EVs while the American firm has failed to follow through.
Pertamina and Petronas Both Had Good Years in 2023, But For Different Reasons
By James Guild
The contrast between the two state-owned oil firms reveals interesting differences in the political economies of Malaysia and Indonesia.
China Is Betting Big on Its ‘Little Giants’
By Sarah Mujeeb
China’s specialized small and medium enterprises are an underrated part of its strategy to achieve self-reliance in key industries.
The Philippine Economy: Glass Half Empty or Glass Half Full?
By Jesus Felipe and Susan Kurdli
Recently announced growth figures look impressive, but they conceal the structural issues holding back the Philippine economy.