All tagged Southeast Asia
While tensions in the South China Sea have the potential for limited skirmishes far out to sea, the competition over the resources of the Mekong River is putting millions at risk of natural disasters, famine and regional instability.
Since 2008, East Timor has also been named the most democratic nation in South East Asia by the Economist. Such credentials would appear to indicate clear sailing, yet there are growing political risks that need to be addressed if long-term stability is to be realized.
Aung San Suu Kyi and the National League for Democracy handily won the 2015 elections, yet internal party discord, ethnic parties and the ousted Union Solidarity and Development Party will all present challenges come April 1st.
Islamists are using fake news targeting ethnic Chinese Indonesians and politicians to promote their agenda against Chinese investment and the government. This threatens both social cohesion as well as the country’s economic ambitions.
An increasingly opportunistic and edgy China is capitalizing on uncertainty surrounding America’s future in Asia under a Trump administration to punish its neighbours – from Mongolia to Taiwan to Singapore – for going against Chinese interests.
As Singapore seeks new sources of growth, the micro-nation is positioning itself to become Asia’s start-up hub. By promoting outside-of-the-box thinking, Singapore could see political spillover as the government loosens control over the commanding heights of the 21st century information economy.
Concerns over China have prompted a massive defence procurement campaign in Vietnam. Hanoi is entering a multitude of contracts and agreements with foreign nations, which has created opportunities for defence firms, as well as a means for Vietnam to engage internationally.
While Widodo’s reforms should generate substantial confidence for domestic businesses in the pharmaceutical, tourism, commodities, and tech sectors, the efficacy of these measures remains uncertain
While some worry about the country’s prospects after Lee, others argue that the country is strong enough to survive his passing. Indeed, Singapore’s prosperity hinges on its ability to surpass, rather than preserve, LKY’s legacy.