Over the past five years Asia has witnessed unprecedented heatwaves, with countries like Bangladesh recording temperatures up to 43.8°C in 2024, leading to nationwide school closures affecting tens of millions of children
By betting big on chips, Malaysia is not just investing in factories and engineers, it’s investing in long-term technological sovereignty. As the global race for semiconductors accelerates, Malaysia is proving it intends to play for keeps.
Meeting in the Malaysian capital, Kuala Lumpur, the GCC, China and the 10-member Association of Southeast Asian Nations issued a joint declaration committing to “chart a unified and collective path towards a peaceful, prosperous and just future.
In April, when US President Donald Trump announced steep import tariffs targeting a swathe of sectors, reigniting concerns among many ASEAN countries that have flourished under the China+1 strategy.
As a result of the ITC’s decision, the Department of Commerce will now issue orders enforcing countervailing and anti-dumping duties on those solar products. These tariffs were finalised by the department last month.
Although both nations have engaged with the region historically and continue to do so in the present day, their roles, influence, and staying power differ markedly.
While countries like Indonesia and Vietnam stride forward, Thailand seems to be treading water, encumbered by internal strife, inconsistent foreign policy, and economic inertia.
For Asian countries outside the current BRICS framework, the stakes are high. Membership could mean enhanced access to financial resources, a larger voice in global institutions, and strengthened ties with emerging powers.
The Southeast Asian nation, the world’s sixth-largest semiconductor exporter, faces mounting pressure to retain investment and relevance in a fast-evolving global tech landscape.
ASEAN, comprising Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam, has become an increasingly vital partner for Korea in recent years.
Brazil could emerge as a major competitor to China in the strategically critical rare earths market amid escalating global trade tensions and surging demand for these essential elements in high-tech manufacturing.
Over the past 15 years, Europe’s trade frameworks have faltered, integration has stalled, and a number of its core political and economic ideas have failed under real-world pressure.
Even as Taiwan is described as potentially the most dangerous flashpoint in Asia, it is actually the fulcrum upon which the future of the Indo-Pacific — and by extension the global balance of power — may pivot.
Under President Prabowo’s administration, the government has pledged support for the development of the data centre sector to accelerate digital transformation and drive a technology-based economy.
The oil market has entered choppy waters once again. Crude prices fell by a dramatic 18% in April y/y – the sharpest monthly drop since November 2021 – partly due to a global slowdown, but more due to a power struggle within OPEC+.
Meeting on the sidelines of the recent Asian Development Bank’s annual gathering in Milan, Italy, the officials reiterated their support for a rules-based, free and fair multilateral trading system.
Former defence minister Itsunori Onodera, speaking in Washington at the Center for Strategic and International Studies, expressed particular concern about the potential impact on Southeast Asia.
India has taken significant strides when it comes to reducing import dependency for solar modules and PV cells, which is a result of expanding domestic manufacturing capabilities.
Amid economic uncertainty, the world is redirecting investments toward Southeast Asia as countries increasingly recognise the strength of regional cooperation.