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The Diplomat Economy
23.11.2024
The Biden administration’s electoral defeat stemmed from economic failures, primarily caused by prioritizing strategic competition with China.
22.11.2024
Regional cooperation received a boost with the inauguration of a project that will see Nepali hydropower supplied to Bangladesh via the Indian power grid.
Foreign investment has long been a focus for Central Asia, but regional countries are now increasingly investing within the region itself.
21.11.2024
If China is able to seize the opportunity to revitalize its domestic economy and invigorate the multilateral system, Trump’s trade war 2.0 could end up a strategic gift to Beijing.
20.11.2024
Timor-Leste doesn’t have much, but it does have vast reserves of gas. Should it be able to be extracted in the name of climate justice?
The Pheu Thai government has also promised to introduce debt relief measures and additional stimulus programs in a bid to kick start the economy.
The state-owned utility has allowed private companies to expand the country’s generating capacity, but it may take a different approach with solar.
19.11.2024
The country’s public debt is unsustainable, while inflation sits at 25 percent and the kip continues its freefall.
With the incoming president’s renewed threats of massive tariffs on China, it’s worth revisiting whether such policies actually achieve the desired result.
18.11.2024
The microfinance industry’s own boosters are struggling to put a positive spin on the country’s debt crisis.
17.11.2024
Once a vibrant hub for entrepreneurial activity, China’s startup scene is now facing significant challenges as venture capital funding drops.
Tokyo is poised to roll out a long-awaited stimulus package that will enable Japanese firms to gain global share in the fields of semiconductors and artificial intelligence.
16.11.2024
The country’s recent LNG splurge has strained the national budget.
15.11.2024
The country continues to make attempts to reduce its heavy reliance on petroleum-related revenues.
14.11.2024
The country is already on track for a full recovery from the downturn that accompanied the COVID-19 pandemic.
12.11.2024
The government has nominated Finance Minister Kittirat Na Ranong, a loyalist of the ruling Pheu Thai party, as the next chairman of the Bank of Thailand.
10.11.2024
A disproportionately hardline policy from the incoming Trump administration could ultimately see a more isolated U.S. lose the tech war, and a great deal more.
Kazakhstan once harbored grand plans for a high-speed rail network. While its neighbors have pushed ahead with such projects, why has HSR fallen out of favor in Astana?
09.11.2024
Despite comprehensive plans, market skepticism persists amid limited consumer stimulus and lingering long-term fiscal challenges.
The garment manufacturer is struggling with a heavy debt burden, a slump in demand, and a flood of inexpensive imports.
Some observers claim that the country has become too reliant on China for its own good – but the data says otherwise.
08.11.2024
Banning domestic vape sales while preserving manufacturing for export may simply serve to expand the shadow market and line the pockets of customs officials.
For New Zealand, Trump’s overwhelming win in the U.S. election might spark a rethink of its policy of aligning more closely with Washington.
07.11.2024
The region’s online economy is beginning to show signs of maturity, as firms attempt to pivot from growth to profitability.
Although branded as commercial deals, most of the agreements involve a steel and mining company recently acquired and renamed by a state-owned private equity firm in the wake of a tragic mining accident.
05.11.2024
Whoever prevails on November 5, the region is bound to face a more complex and challenging economic environment.
The announcement comes not long after the government imposed similar restrictions on the sale of Apple’s latest iPhone model.
02.11.2024
Despite Moscow’s diplomatic overtures, Uzbekistan announced on October 17 that it will not be pursuing full membership in the Eurasian Economic Union.
Labor unions say the wide-ranging legislation, passed in 2020, could undermine vital worker protections.
After nearly two decades of talks, and numerous diplomatic twists and turns, the country has sealed an FTA with the Gulf Cooperation Council.
01.11.2024
Russia is increasingly reliant on transnational schemes to circumvent sanctions, which occasionally run through Central Asia.
31.10.2024
A logistics specialist discusses economics, poverty and the nuts and bolts of climate change in Southeast Asia.
30.10.2024
The Dutch government will now issue independent licenses for exporting DUV Lithography machines to China.
The expanded budget confirms the Marcos administration’s commitment to financing scaled up public spending by borrowing and running deficits.
29.10.2024
The agreement, Vietnam’s first with a Middle Eastern nation, comes after a busy couple of years in the country’s foreign relations.
The work of Daron Acemoglu, Simon Johnson, and James Robinson can help explain the government’s collusion in criminal activities like cyber-scams.
27.10.2024
The National Development Corporation (NDC), though established under the previous government, has become a key instrument for the Taliban’s economic planning.
26.10.2024
A massive ramp-up in data centers is attracting foreign investment, but infrastructure challenges persists.
Since 2021, 30 judges have been held accountable for corruption, resulting in 15 prison sentences, which notably is more than in the previous eight years combined.
25.10.2024
Nippon Steel’s proposal to merge with U.S. Steel is not just a corporate transaction – it’s a strategic move in a high-stakes geopolitical game.