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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.
Indonesia Relaxes Local Content Rules to Spur Green Energy Investments
By Sebastian Strangio
The country's local content requirements are one reason for the slow progress of the $20 billion Just Energy Transition Partnership.
Why Japanese Investment in Southeast Asian LNG is Surging
By James Guild
As the use of liquefied natural gas in Japan has declined, the country's major gas players have pivoted toward investments in other markets.
More Than Mercenary: Why Taiwan’s Semiconductor Dominance Helps the US
By Kai-Shen Huang
Taiwan’s dominance in chip manufacturing aligns with and supports U.S. interests, given their complementary strengths.
Why the Philippines Chose to Privatize Its Largest Airport
By James Guild
Once again, Manila has demonstrated its willingness to turn vital national infrastructure over to the private sector.
Can China’s Green Electricity Certificates Boost Demand for Renewable Energy?
By Chris Hankin
New rules for GECs will make the marketplace more robust as China works to increase renewable energy consumption nationwide.
Germany Is Phasing out Chinese Tech From 5G Networks. Is It the Right Call?
By Aparna Divya
Germany’s decision to exclude ZTE and Huawei parts from its 5G networks stems from geopolitical anxieties and strategic concerns.
Vietnam Allows Big Companies to Buy Clean Energy Directly to Meet Their Climate Targets
By Aniruddha Ghosal
The government has lifted a regulation requiring all consumers of power to purchase it at fixed prices from the state utility EVN.
Thailand to Begin Enrollment for Massive Stimulus Program Next Month
By Sebastian Strangio
The government will begin distributing 10,000 baht payments in the fourth quarter, but questions remain about the efficacy of the "digital wallet" program.
Is Fuel Subsidy Reform Finally On the Way in Southeast Asia?
By James Guild
Malaysia and Indonesia are both beginning to reduce long-standing subsidies that have kept fuel prices well below market rates.
China’s Wind Power Firms Are Advancing in Europe – For Now
By Chris Hankin
Chinese turbine manufacturers are rapidly expanding in Europe, but it’s a race against the clock as tariffs loom.
Pakistan’s Economy: Lessons From South Korea
By Waqas Shair and Khurram Shahzad
Pakistan could look to South Korea as a blueprint for economic development by emphasizing efforts to nurture the private sector.
What Do Tongwei and LONGi’s Struggles Say About the Future of Solar Supply Chains?
By Chris Hankin
The two Chinese companies play a dominant role in the solar panel supply chain. Now even they are suffering from overconcentration of the solar industry.