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Tough economic challenges await Taiwan president-elect

Location:

TAIWAN

The election in January of Lai Ching-te as president signalled continuity in economic policy, and economic pressure from Beijing has to date had limited effect. However, Lai faces…

Thailand will pursue a more proactive foreign policy

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THAILAND

Thailand is devoting more attention to foreign policy under Srettha. The fallout from the 2006 and 2014 coups adversely affected its foreign relations, but it retains an important…

Prospects for India in 2024

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PROSPECTS 2024

Meanwhile, the government and the Reserve Bank of India (RBI) both expect 6.5% GDP growth in the fiscal year ending March 2024, which would put the country among the top economic…

Japan will raise defence spending and cut deficits

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JAPAN

The budget is likely to be enacted by the end of the current fiscal year in March 2024. Rapidly increasing military spending reflects drastic changes in Tokyo’s defence policy. On…

Politics may roil Seoul’s recovery and policy plans

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SOUTH KOREA

The opposition-controlled National Assembly finally passed the 2024 budget on December 21, 19 days after the legal deadline. December also saw a rolling reshuffle which replaced…

Prospects for South-east Asia in 2024

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PROSPECTS 2024

Separately, regional leaders were somewhat reassured by the modest rapprochement between China and the United States -- influential powers in South-east Asia -- on the margins of…

Philippine leader faces fight to sustain popularity

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PHILIPPINES

The speech notably identified several economic challenges facing the country, ranging from curbing inflation to creating jobs. Marcos registered high approval ratings during the…

East Timor-Australia ties are at a crossroads

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EAST TIMOR/AUSTRALIA

He urged Australia’s Prime Minister Anthony Albanese to help resolve a long-running impasse over whether gas from the Greater Sunrise gas field should be refined in East Timor or…

Myanmar junta may weaken but will not make concessions

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MYANMAR

ASEAN’s ‘Five-Point Consensus’ plan to ease the fallout from the 2021 coup shows no signs of making progress, and Cambodia -- the group’s 2022 chair -- has stopped advocating…

Chinese investment into ASEAN carries political risks

Location:

ASEAN

Chinese investments into ASEAN countries.