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Philippines will strengthen its defence partnerships

Location:

PHILIPPINES

The Biden administration has repeatedly said that any attack on Philippine ships or aircraft would bring the US-Philippine Mutual Defense Treaty (MDT) into play.

China will dominate Russia’s car market

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RUSSIA

The withdrawal of Western, Japanese and Korean companies created a vacuum in the Russian car market. Chinese automakers exploited this opportunity, rapidly increasing their market…

India’s AI bid promises high returns

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INDIA

Channelling the policy of ‘making AI in India and making AI work for India’, the government, with the help of the private sector, has spearheaded the creation of a robust AI…

North Korea’s economy will worsen without reforms

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NORTH KOREA

However, that growth is a statistical outlier, mostly signalling a recovery from severe COVID-19 pandemic restrictions. Meanwhile, China continues to dominate North Korea's…

Securing inputs is key to Seoul’s diplomatic strategy

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SOUTH KOREA

This followed the first-ever Korea-Africa summit, where critical minerals loomed large; President Yoon Suk-yeol’s visits to three resource-rich Central Asian states; and Seoul’s…

Online payments crisis shows vulnerability in Seoul

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SOUTH KOREA

E-commerce is a major sector, with a few domestic players dominating the market. The government’s monetary aid to the platforms’ unpaid vendors aims to mitigate financial…

Vietnamese cooperation with Russia will have limits

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VIETNAM

The trip was part of a wider Russian strategy to circumvent Western sanctions by strengthening political, economic and military ties with Asian countries. Vietnam is an old friend…

Vostok Oil project will define Russia’s oil future

Location:

RUSSIA

Vostok is expected to produce 2 million barrels per day (b/d) by 2030, with all exports going via the strategically important Northern Sea Route (NSR). The Kremlin hopes it will…

SK chair’s divorce shows South Korean chaebol's limits

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SOUTH KOREA

The dispute is the latest in a series of alleged corruption cases, though the court’s acceptance that SK prospered due to political favouritism is a first in Seoul.

South-east Asia’s economic influence will grow

Location:

SOUTH-EAST ASIA

The Fortune 500 is a list of the top US companies according to publicly available data, published each year since 1955. The South-east Asia list is the latest in a handful of…