Pacific Money – The Diplomat https://thediplomat.com The Diplomat is a current-affairs magazine for the Asia-Pacific, with news and analysis on politics, security, business, technology and life across the region. Wed, 28 Jun 2023 11:55:07 +0900 en-US Is Indonesia’s New High-Speed Rail Line Worth It? https://thediplomat.com/2023/06/is-indonesias-new-high-speed-rail-line-worth-it/ https://thediplomat.com/2023/06/is-indonesias-new-high-speed-rail-line-worth-it/ Pakistan: Escaping the Sovereign Debt Trap https://thediplomat.com/2023/06/pakistan-escaping-the-sovereign-debt-trap/ https://thediplomat.com/2023/06/pakistan-escaping-the-sovereign-debt-trap/ How Last Week’s High-profile Resignation Will Impact the AIIB https://thediplomat.com/2023/06/how-last-weeks-high-profile-resignation-will-impact-the-aiib/ https://thediplomat.com/2023/06/how-last-weeks-high-profile-resignation-will-impact-the-aiib/ Who Pays and Who Profits From High Energy Prices in Thailand? https://thediplomat.com/2023/06/who-pays-and-who-profits-from-high-energy-prices-in-thailand/ https://thediplomat.com/2023/06/who-pays-and-who-profits-from-high-energy-prices-in-thailand/ How Vietnam Can Disrupt China’s Dominance in EVs https://thediplomat.com/2023/06/how-vietnam-can-disrupt-chinas-dominance-in-evs/ https://thediplomat.com/2023/06/how-vietnam-can-disrupt-chinas-dominance-in-evs/ Toyota Shareholders Reject Proposal Demanding Better Performance on Climate Change https://thediplomat.com/2023/06/toyota-shareholders-reject-proposal-demanding-better-performance-on-climate-change/ https://thediplomat.com/2023/06/toyota-shareholders-reject-proposal-demanding-better-performance-on-climate-change/ ASEAN’s Cross-Border Digital Payment System Explained https://thediplomat.com/2023/06/aseans-cross-border-digital-payment-system-explained/ https://thediplomat.com/2023/06/aseans-cross-border-digital-payment-system-explained/ Can IPEF Protect Corporate Supply Chains? https://thediplomat.com/2023/06/can-the-ipef-protect-corporate-supply-chains/ https://thediplomat.com/2023/06/can-the-ipef-protect-corporate-supply-chains/ Why Singapore Airlines Had a Good 2022 https://thediplomat.com/2023/06/why-singapore-airlines-had-a-good-2022/ https://thediplomat.com/2023/06/why-singapore-airlines-had-a-good-2022/ Chinese Investment in Europe Is Changing https://thediplomat.com/2023/06/chinese-investment-in-europe-is-changing/ https://thediplomat.com/2023/06/chinese-investment-in-europe-is-changing/ Indo-Pacific Economic Framework for Prosperity Reaches Supply Chain Agreement https://thediplomat.com/2023/06/indo-pacific-economic-framework-for-prosperity-reaches-supply-chain-agreement/ https://thediplomat.com/2023/06/indo-pacific-economic-framework-for-prosperity-reaches-supply-chain-agreement/ Why Weakness in US Banking Is Unlikely to Spread to Indonesia https://thediplomat.com/2023/05/why-weakness-in-us-banking-is-unlikely-to-spread-to-indonesia/ https://thediplomat.com/2023/05/why-weakness-in-us-banking-is-unlikely-to-spread-to-indonesia/ How Indonesia’s President Joko Widodo Rejuvenated Dependency Theory  https://thediplomat.com/2023/05/how-indonesias-president-joko-widodo-rejuvenated-dependency-theory/ https://thediplomat.com/2023/05/how-indonesias-president-joko-widodo-rejuvenated-dependency-theory/ Why the Philippines’ Two Largest State-Owned Banks Are Contemplating a Mega-Merger https://thediplomat.com/2023/05/why-the-philippines-two-largest-state-owned-banks-are-contemplating-a-mega-merger/ https://thediplomat.com/2023/05/why-the-philippines-two-largest-state-owned-banks-are-contemplating-a-mega-merger/ End of the Road for India and Russia’s Rupee-Ruble Trade? https://thediplomat.com/2023/05/end-of-the-road-for-india-and-russias-rupee-ruble-trade/ https://thediplomat.com/2023/05/end-of-the-road-for-india-and-russias-rupee-ruble-trade/ Will Jokowi’s Economic Legacy Survive Beyond Indonesia’s Election? https://thediplomat.com/2023/05/will-jokowis-economic-legacy-survive-beyond-indonesias-election/ https://thediplomat.com/2023/05/will-jokowis-economic-legacy-survive-beyond-indonesias-election/ Indonesia’s Transactional Military Modernization https://thediplomat.com/2023/05/indonesias-transactional-military-modernization/ https://thediplomat.com/2023/05/indonesias-transactional-military-modernization/ Linking Together Asia’s Digital Future https://thediplomat.com/2023/05/linking-together-asias-digital-future/ https://thediplomat.com/2023/05/linking-together-asias-digital-future/ Australia Forecasts First Annual Budget Surplus in 15 years https://thediplomat.com/2023/05/australia-forecasts-first-annual-budget-surplus-in-15-years/ https://thediplomat.com/2023/05/australia-forecasts-first-annual-budget-surplus-in-15-years/ How Big is China’s Footprint in Southeast Asia’s Telecom Sector? https://thediplomat.com/2023/05/how-big-is-chinas-footprint-in-southeast-asias-telecom-sector/ https://thediplomat.com/2023/05/how-big-is-chinas-footprint-in-southeast-asias-telecom-sector/ Western Banks’ Collusion With the CCP Should Raise Alarms https://thediplomat.com/2023/05/western-banks-collusion-with-the-ccp-should-raise-alarms/ https://thediplomat.com/2023/05/western-banks-collusion-with-the-ccp-should-raise-alarms/ The Geopolitics of Technology in Indonesia https://thediplomat.com/2023/05/the-geopolitics-of-technology-in-indonesia/ https://thediplomat.com/2023/05/the-geopolitics-of-technology-in-indonesia/ Foreign Companies in China Face Growing Scrutiny, Pressure https://thediplomat.com/2023/04/foreign-companies-in-china-face-growing-scrutiny-pressure/ https://thediplomat.com/2023/04/foreign-companies-in-china-face-growing-scrutiny-pressure/ Avoiding a Costly China-US Conflict https://thediplomat.com/2023/04/avoiding-a-costly-china-us-conflict/ https://thediplomat.com/2023/04/avoiding-a-costly-china-us-conflict/ 2022 Was a Good Year for Petronas https://thediplomat.com/2023/04/2022-was-a-good-year-for-petronas/ https://thediplomat.com/2023/04/2022-was-a-good-year-for-petronas/ The Garment Dilemma in Indonesia-Bangladesh Trade Talks https://thediplomat.com/2023/04/the-garment-dilemma-in-indonesia-bangladesh-trade-talks/ https://thediplomat.com/2023/04/the-garment-dilemma-in-indonesia-bangladesh-trade-talks/ What Did the INA, Indonesia’s Sovereign Wealth Fund, Do in 2022? https://thediplomat.com/2023/04/what-did-the-ina-indonesias-sovereign-wealth-fund-do-in-2022/ https://thediplomat.com/2023/04/what-did-the-ina-indonesias-sovereign-wealth-fund-do-in-2022/ Australia Suspends WTO Case Against China on Barley Tariffs https://thediplomat.com/2023/04/australia-suspends-wto-case-against-china-on-barley-tariffs/ https://thediplomat.com/2023/04/australia-suspends-wto-case-against-china-on-barley-tariffs/ What China’s RM 170 Billion Investment Commitment Means for Malaysia https://thediplomat.com/2023/04/what-chinas-rm-170-billion-investment-commitment-means-for-malaysia/ https://thediplomat.com/2023/04/what-chinas-rm-170-billion-investment-commitment-means-for-malaysia/ Southeast Asian Tech Giants Continued Losing Money in 2022 https://thediplomat.com/2023/04/southeast-asian-tech-giants-continued-losing-money-in-2022/ https://thediplomat.com/2023/04/southeast-asian-tech-giants-continued-losing-money-in-2022/ Why the Thai Economy Grew Slower Than Its Neighbors’ in 2022 https://thediplomat.com/2023/03/why-the-thai-economy-grew-slower-than-its-neighbors-in-2022/ https://thediplomat.com/2023/03/why-the-thai-economy-grew-slower-than-its-neighbors-in-2022/ The Future of State-Sponsored AI Research in China https://thediplomat.com/2023/03/the-future-of-state-sponsored-ai-research-in-china/ https://thediplomat.com/2023/03/the-future-of-state-sponsored-ai-research-in-china/ A Reality Check on China-US Decoupling https://thediplomat.com/2023/03/a-reality-check-on-china-us-decoupling/ https://thediplomat.com/2023/03/a-reality-check-on-china-us-decoupling/ Southeast Asia’s Post-Pandemic Tourism Revival https://thediplomat.com/2023/03/southeast-asias-post-pandemic-tourism-revival/ https://thediplomat.com/2023/03/southeast-asias-post-pandemic-tourism-revival/ Indonesia’s EV Shift Requires a Mindset Shift https://thediplomat.com/2023/03/indonesias-ev-shift-requires-a-mindset-shift/ https://thediplomat.com/2023/03/indonesias-ev-shift-requires-a-mindset-shift/ TikTok Dismisses US Calls for Chinese Owners to Sell Stakes https://thediplomat.com/2023/03/tiktok-dismisses-us-calls-for-chinese-owners-to-sell-stakes/ https://thediplomat.com/2023/03/tiktok-dismisses-us-calls-for-chinese-owners-to-sell-stakes/ Thailand, EU Agree to Restart Free Trade Pact Negotiations https://thediplomat.com/2023/03/thailand-eu-agree-to-restart-free-trade-pact-negotiations/ https://thediplomat.com/2023/03/thailand-eu-agree-to-restart-free-trade-pact-negotiations/ Vietnam Has a Long Way to Go on Decarbonization https://thediplomat.com/2023/03/vietnam-has-a-long-way-to-go-on-decarbonization/ https://thediplomat.com/2023/03/vietnam-has-a-long-way-to-go-on-decarbonization/ Is the New Bank of Japan Governor Up to the Task? https://thediplomat.com/2023/03/is-the-new-bank-of-japan-governor-up-to-the-task/ https://thediplomat.com/2023/03/is-the-new-bank-of-japan-governor-up-to-the-task/ Why Will People Want to Live in Indonesia’s New Capital? https://thediplomat.com/2023/03/why-will-people-want-to-live-in-indonesias-new-capital/ https://thediplomat.com/2023/03/why-will-people-want-to-live-in-indonesias-new-capital/ Indonesia Announces Subsidies to Boost EV Uptake https://thediplomat.com/2023/03/indonesia-announces-subsidies-to-boost-ev-uptake/ https://thediplomat.com/2023/03/indonesia-announces-subsidies-to-boost-ev-uptake/ China’s New Legislation on Deepfakes: Should the Rest of Asia Follow Suit? https://thediplomat.com/2023/03/chinas-new-legislation-on-deepfakes-should-the-rest-of-asia-follow-suit/ https://thediplomat.com/2023/03/chinas-new-legislation-on-deepfakes-should-the-rest-of-asia-follow-suit/ Why Vietnam’s State-Owned Electric Utility EVN is in Financial Trouble https://thediplomat.com/2023/03/why-vietnams-state-owned-electric-utility-evn-is-in-financial-trouble/ https://thediplomat.com/2023/03/why-vietnams-state-owned-electric-utility-evn-is-in-financial-trouble/ In China, Lawyers Don’t Need to Keep Your Secrets https://thediplomat.com/2023/03/in-china-lawyers-dont-need-to-keep-your-secrets/ https://thediplomat.com/2023/03/in-china-lawyers-dont-need-to-keep-your-secrets/ Breaking Down Singapore’s 2023 Budget https://thediplomat.com/2023/03/breaking-down-singapores-2023-budget/ https://thediplomat.com/2023/03/breaking-down-singapores-2023-budget/ Will China Create a New State-Owned Enterprise to Monopolize Artificial Intelligence? https://thediplomat.com/2023/02/will-china-create-a-new-state-owned-enterprise-to-monopolize-artificial-intelligence/ https://thediplomat.com/2023/02/will-china-create-a-new-state-owned-enterprise-to-monopolize-artificial-intelligence/ China’s 3 Pathways to Green Steel https://thediplomat.com/2023/02/chinas-3-pathways-to-green-steel/ https://thediplomat.com/2023/02/chinas-3-pathways-to-green-steel/ Are Foreign Investors Returning to Southeast Asia in 2023? https://thediplomat.com/2023/02/are-foreign-investors-returning-to-southeast-asia-in-2023/ https://thediplomat.com/2023/02/are-foreign-investors-returning-to-southeast-asia-in-2023/ Balancing ASEAN’s Internal and External Economic Integration https://thediplomat.com/2023/02/balancing-aseans-internal-and-external-economic-integration/ https://thediplomat.com/2023/02/balancing-aseans-internal-and-external-economic-integration/ ASEAN Needs to Prepare Now for the Future of Work https://thediplomat.com/2023/02/asean-needs-to-prepare-now-for-the-future-of-work/ https://thediplomat.com/2023/02/asean-needs-to-prepare-now-for-the-future-of-work/ Indonesia and Malaysia Saw Strong Economic Growth in 2022 https://thediplomat.com/2023/02/indonesia-and-malaysia-saw-strong-economic-growth-in-2022/ https://thediplomat.com/2023/02/indonesia-and-malaysia-saw-strong-economic-growth-in-2022/ Malaysia, Indonesia to Dispatch Envoys to EU Over Palm Oil Dispute https://thediplomat.com/2023/02/malaysia-indonesia-to-dispatch-envoys-to-eu-over-palm-oil/ https://thediplomat.com/2023/02/malaysia-indonesia-to-dispatch-envoys-to-eu-over-palm-oil/ Rebalancing vs Decoupling: China-US Economic Ties and the Global Economy https://thediplomat.com/2023/02/rebalancing-vs-decoupling-china-us-economic-ties-and-the-global-economy/ https://thediplomat.com/2023/02/rebalancing-vs-decoupling-china-us-economic-ties-and-the-global-economy/ New EU Regulation Could Hurt Small Palm Oil Producers: Watchdog https://thediplomat.com/2023/02/new-eu-regulation-could-hurt-small-palm-oil-producers-watchdog/ https://thediplomat.com/2023/02/new-eu-regulation-could-hurt-small-palm-oil-producers-watchdog/ Where Are Southeast Asia’s Tech Companies Headed? https://thediplomat.com/2023/02/where-are-southeast-asias-tech-companies-headed/ https://thediplomat.com/2023/02/where-are-southeast-asias-tech-companies-headed/ Mitsubishi Scraps Development of Japan’s Homegrown Jet https://thediplomat.com/2023/02/mitsubishi-scraps-development-of-japans-homegrown-jet/ https://thediplomat.com/2023/02/mitsubishi-scraps-development-of-japans-homegrown-jet/ Western Investors Are Losing the Ability to Shape the Future of Cambodian Microfinance https://thediplomat.com/2023/02/western-investors-are-losing-the-ability-to-shape-the-future-of-cambodian-microfinance/ https://thediplomat.com/2023/02/western-investors-are-losing-the-ability-to-shape-the-future-of-cambodian-microfinance/ Sun Cable’s Collapse and the Australian Role in Southeast Asia’s Energy Transition https://thediplomat.com/2023/02/sun-cables-collapse-and-the-australian-role-in-southeast-asias-energy-transition/ https://thediplomat.com/2023/02/sun-cables-collapse-and-the-australian-role-in-southeast-asias-energy-transition/ Can Indonesia Achieve Its Electric Vehicle Ambitions? https://thediplomat.com/2023/02/can-indonesia-achieve-its-electric-vehicle-ambitions/ https://thediplomat.com/2023/02/can-indonesia-achieve-its-electric-vehicle-ambitions/ Indonesian Steel Exports Have Plummeted Due to EU Tariffs, Official Says https://thediplomat.com/2023/02/indonesian-steel-exports-have-plummeted-due-to-eu-tariffs-official-says/ https://thediplomat.com/2023/02/indonesian-steel-exports-have-plummeted-due-to-eu-tariffs-official-says/ The Philippines’ Post-Pandemic Economy Is Booming https://thediplomat.com/2023/01/the-philippines-post-pandemic-economy-is-booming/ https://thediplomat.com/2023/01/the-philippines-post-pandemic-economy-is-booming/ The Myth of Doi Moi in Vietnam https://thediplomat.com/2023/01/the-myth-of-doi-moi-in-vietnam/ https://thediplomat.com/2023/01/the-myth-of-doi-moi-in-vietnam/ India’s Adani Mulls Suing US Short-seller as Shares Sink up to 20% https://thediplomat.com/2023/01/indias-adani-mulls-suing-us-short-seller-as-shares-sink-up-to-20/ https://thediplomat.com/2023/01/indias-adani-mulls-suing-us-short-seller-as-shares-sink-up-to-20/ China’s Huawei Looks to Ports, Factories to Rebuild Sales https://thediplomat.com/2023/01/chinas-huawei-looks-to-ports-factories-to-rebuild-sales/ https://thediplomat.com/2023/01/chinas-huawei-looks-to-ports-factories-to-rebuild-sales/ Sun Cable Places Clean Energy Export Plans On Hold https://thediplomat.com/2023/01/sun-cable-places-clean-energy-export-plans-on-hold/ https://thediplomat.com/2023/01/sun-cable-places-clean-energy-export-plans-on-hold/ Southeast Asia’s Cement Industrial Complex https://thediplomat.com/2023/01/southeast-asias-cement-industrial-complex/ https://thediplomat.com/2023/01/southeast-asias-cement-industrial-complex/ What’s Behind China’s Resumed Imports of Australian Coal?  https://thediplomat.com/2023/01/whats-behind-chinas-resumed-imports-of-australian-coal/ https://thediplomat.com/2023/01/whats-behind-chinas-resumed-imports-of-australian-coal/ A Troubling Economic Trajectory in Bangladesh https://thediplomat.com/2023/01/a-looming-economic-crisis-in-bangladesh/ https://thediplomat.com/2023/01/a-looming-economic-crisis-in-bangladesh/ Why Indonesia Plans to Ban Bauxite Exports in 2023 https://thediplomat.com/2023/01/why-indonesia-plans-to-ban-bauxite-exports-in-2023/ https://thediplomat.com/2023/01/why-indonesia-plans-to-ban-bauxite-exports-in-2023/ With Chips on the Brain, Netherlands Seeks an Ally in South Korea https://thediplomat.com/2023/01/with-chips-on-the-brain-netherlands-seeks-an-ally-in-south-korea/ https://thediplomat.com/2023/01/with-chips-on-the-brain-netherlands-seeks-an-ally-in-south-korea/ Hong Kong’s Crowdfunding Regulations Could Have Global Ramifications https://thediplomat.com/2023/01/hong-kongs-crowdfunding-regulations-could-have-global-ramifications/ https://thediplomat.com/2023/01/hong-kongs-crowdfunding-regulations-could-have-global-ramifications/ Vietnam’s $15.5 Billion Just Energy Transition Partnership Explained https://thediplomat.com/2023/01/vietnams-15-5-billion-just-energy-transition-partnership-explained/ https://thediplomat.com/2023/01/vietnams-15-5-billion-just-energy-transition-partnership-explained/ Southeast Asian Currencies End the Year on a High Note https://thediplomat.com/2022/12/southeast-asian-currencies-end-the-year-on-a-high-note/ https://thediplomat.com/2022/12/southeast-asian-currencies-end-the-year-on-a-high-note/ MSMEs: The Key to Indonesia’s Decarbonization Efforts https://thediplomat.com/2022/12/msmes-the-key-to-indonesias-decarbonization-efforts/ https://thediplomat.com/2022/12/msmes-the-key-to-indonesias-decarbonization-efforts/ Indonesia to Ban Exports of Bauxite From June 2023 https://thediplomat.com/2022/12/indonesia-to-ban-exports-of-bauxite-from-june-2023/ https://thediplomat.com/2022/12/indonesia-to-ban-exports-of-bauxite-from-june-2023/ China-US Competition: Who Will Win the Digital Infrastructure Contest? 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