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James GuildThe Diplomat |
As in other areas of the country's energy sector, the state is playing a leading role in developing renewable energy projects.
To attract investment, Vietnam's state-owned electricity company EVN agreed to pay power producers above-market rates. Now the bill has come due.
The Vietnamese conglomerate has a history of throwing itself into ambitious projects for which it has little or no previous experience.
Southeast Asian nations have tended to lean toward European partners in their quest for military modernization. Could China present an affordable...
The Southeast Asian tech giant has just come off its best year yet, and finally appears to be on a path toward stable profits.
The state-run insurance giant, which is flush with cash, is resisting government orders to transfer surplus funds back to the Treasury.
Does the South Korean firm's withdrawal spell trouble for Jakarta's policy of industrial downstreaming?
For all its attendant controversies, Beijing's focus on transport infrastructure is closely aligned with the region's development priorities.
Many of the region's economies have pursued a model of export-oriented industrialization that was once championed and encouraged by Washington.
The tariffs will disrupt existing production networks and increase costs, while damaging Washington's image and relations with the region.
If successful, the deal will create a ride-hailing and delivery giant that would dominate Southeast Asian markets.
Have recent acquisitions by major U.S. firms been made on the basis of commercial considerations, or is there a geopolitical motive at play?
ACross the region, international markets are responding to the growing level of uncertainty and risk in the global economy.
Five oil executives have been arrested for importing fuel at inflated prices. What explains the timing?
Above-target tax revenues have pushed the city-state back into fiscal surplus for the first time since the COVID-19 pandemic.
When is privatization not really privatization?
In an uncertain global climate, the state is playing a more assertive role in financial and capital markets.
The agritech firm's troubles reflect some of the broader challenges facing Indonesia's nascent tech sector.
The project is intended to bring together Malaysia's land and labor with Singaporean finance and investment.
Middle powers with rapidly growing economies feel they have more bargaining power than they once did – and some are not afraid to use it.
Whatever momentum there once was for getting the state out of the economy has seemingly stalled.
As one of his final acts before leaving office, Indonesian President Joko “Jokowi” Widodo signed into law the national budget for 2025. This...
2024 was an eventful year in ASEAN. Clean energy had its ups and downs across the region, tourism and travel continued their slow recovery toward...
The wireless telecom business is not an easy one to be in. It requires huge investments in physical infrastructure as well as large outlays for...
The last several years have seen a raft of tax increases across Southeast Asia. Singapore has raised its Goods and Services Tax (GST) twice in the...
The 29th Conference of the Parties (COP29), a U.N.-led forum for international stakeholders to meet and negotiate on climate policy, drew to a...
In 2023, a newly elected government in Thailand made big promises to deliver more direct benefits to the people. The signature program was a...
The state-owned utility has allowed private companies to expand the country's generating capacity, but it may take a different approach with solar.
The country continues to make attempts to reduce its heavy reliance on petroleum-related revenues.
The garment manufacturer is struggling with a heavy debt burden, a slump in demand, and a flood of inexpensive imports.
Integrated circuits are acquiring ever greater currency as a geopolitical flashpoint, and this is creating a window of opportunity for countries...
The expanded budget confirms the Marcos administration's commitment to financing scaled up public spending by borrowing and running deficits.
Jakarta has a long track record of leveraging market access in order to gain concessions from foreign companies.
The relative decline in the size of the European economy has given exporters less demanding alternatives for the exports.
Like other parts of the country's economy, the Thai film industry has been based on attracting foreign investment and producing exports.
Given the lack of universal definitions, measuring a country's middle-class can be a complicated business.
The Vietnamese budget carrier has announced the acquisition of a $7.4 billion fleet of Airbus widebody aircraft.
The country's retail market is not as weak as the move might suggest.
Jakarta has successfully encouraged foreign firms to invest in nickel processing facilities in the country. Now its own firms are looking for a...
The Philippines wants to push into more advanced manufacturing activities, but the current state of the global economy will pose challenges.
The agreement suggests that the development bank, and its main backer China, is willing to finance infrastructure in Vietnam at concessional rates.
The contrast between the two state-owned oil firms reveals interesting differences in the political economies of Malaysia and Indonesia.
As the use of liquefied natural gas in Japan has declined, the country's major gas players have pivoted toward investments in other markets.
Once again, Manila has demonstrated its willingness to turn vital national infrastructure over to the private sector.
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