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looking beyond borders

foreign policy and global economy

Archive for the tag “Malaysia”

The Next 50 Years Of ASEAN

Coming full circle on its 50th anniversary, ASEAN is now caught in a regional strategic environment similar to one that existed at its founding, defined by volatility, hostility, and superpower rivalry that pose a serious existential threat to the organization. Can ASEAN maintain its autonomy and reputation as a credible and cohesive unit capable of regional resilience in the 21st century?

Read Here – The Diplomat

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50 Years Of ASEAN: ‘A’ Is For Angst

ASEAN is ever beset by existential angst. The ‘A’ in ASEAN stands for Angst as well as Association. Regard this as more description than criticism. The Angst-Association of South East Asian Nations always has lots to worry about. Angst and anxiety are rational responses. The questions are constant: can the association hold together? Can it actually do anything? Will ASEAN be crushed as it’s courted by the bigger beasts of Asia? Celebrating its 50th birthday in August, ASEAN pumps out celebration.

Read Here – The Strategist

Saudis Thinking Beyond Oil In Asia Courtship

China’s role and influence in global markets is a big lure to Saudi Arabia. It is the world’s largest energy consumer and the second-biggest importer of crude, after the U.S. Just like the Japanese, China is driven by its need to secure sources of energy. That gives Saudi Arabia an opportunity to solidify its market presence in Asia amid rising competition from Russia.

Read Here – Bloomberg

Saudis Sharpen Asian Focus With $65bn China Partnership

American disengagement from the Middle East is a factor behind Saudi Arabia’s turn to Asia. The kingdom relies on the U.S. for security. But that country needs Middle Eastern petroleum less nowadays, thanks to its exploitation of domestic shale oil and gas. Ties were further strained by the Obama administration’s overtures to Iran.

Read Here – Nikkei Asian Review

Killing Kim Jong Nam With VX Nerve Agent Crossed A ‘Red Line’

In 1995, Japan’s Aum Shinrikyo cult turned the nerve agent on a small number of its members, whom leaders believed to be police informants. On a larger scale, VX was one of the chemical weapons deployed in the Iran-Iraq war. The Kim Jong Nam case, though, would be the first VX assassination on record, and the first time chemical weapons were used to that end since a ricin pellet—fired from an umbrella gun—took Bulgarian dissident Georgi Markov’s life in 1978.

Read Here – Wired

Which Asian Country Will Replace China As The ‘World’s Factory’?

China’s transition is opening space for other countries to move into low-cost manufacturing, where China until recently dominated. Deloitte predicts that the economies of Malaysia, India, Thailand, Indonesia, and Vietnam, the “Mighty Five” or MITI-V, will inherit China’s crown for such products. The consensus among industry and regional experts interviewed for this article is that India in particular will be the next top hub for low-cost manufacturing.

Read Here – The Diplomat

$11 Trillion Muslim Wealth Mountain Calls To Asian Fund Managers

The race to tap an $11.5 trillion pool of wealth held by Muslim individuals, institutions and governments is intensifying…While demand for investments that comply with the Koran’s tenets is rising, about $9.5 trillion of Islamic wealth still remains outside the Shariah finance industry, Malaysia International Islamic Financial Centre estimated in February.

Read Here – Bloomberg

Decoding The Jargon Of The South China Sea Dispute

An international Court issues its ruling Tuesday on a challenge brought by the Philippines to China’s claim to more than 80 percent of the South China Sea. The report by the tribunal in The Hague—which will decide on at least seven of 15 Philippine submissions—is likely to be filled with jargon related to maritime disputes.

Read Here – Bloomberg

Asean Opts For New Road Map As Economic Union Targets Missed

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Leaders from the Association of Southeast Asian Nations unveiled with fanfare another road map to a common community for the next decade even as the bloc missed targets for economic integration this year.

 

Read Here – Bloomberg

TPP Trade Deal: Who Stands To Gain, Suffer In Asia-Pacific

The Trans-Pacific Partnership is the biggest trade agreement in history, reducing tariffs and other forms of protectionism in a dozen countries making up about 40 percent of the global economy with economic output of almost $30 trillion. The White House estimates it will eliminate 18,000 tariffs on U.S.-manufactured goods, while giving everyone from Vietnamese shrimpers to New Zealand dairy farmers cheaper access to markets across the Pacific.

Read Here – Bloomberg

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