South Asia Facing Multiple Crisis

South Asia Facing Multiple Crisis

The World Bank says growth in South Asia, already uneven and fragile, will be slower than previously projected. While some countries experienced a solid rebound in GDP growth, it said Afghanistan faced a humanitarian crisis, Pakistan a political crisis, and Sri Lanka...
South Korean Economy Facing Challenges

South Korean Economy Facing Challenges

Finance Minister Hong Nam-ki has stressed the need to run the economic policy in a delicate manner in a bid to pursue the harmonized operation with the monetary policy.”The South Korean economy faces complicated conditions at home and abroad that could constrain...
Robots Are Taking Over!

Robots Are Taking Over!

Robots are taking over! According to the 2021 World Robot Statistics, the number of robots in manufacturing has nearly doubled during the last five years. Asian countries occupy three top spots in the ranking. South Korea, Singapore, and Japan lead the race to replace...
Sandwiched Between Powers

Sandwiched Between Powers

In the late 19th Century, France and Great Britain had Siam surrounded from Burma (Myanmar) to the West and French Indochina to the West (Laos, Cambodia and Vietnam). To the south was British Malaya (Malaysia). An eleven-week war with France in 1893 and considerable...
ASEAN Getting Back on Track

ASEAN Getting Back on Track

IMF’s World Economic Outlook (October 2020) has estimated a 3.4% contraction in the 10 ASEAN economies in 2020. COVID-19 has also resulted in increased trade protectionism, particularly with regard to essential medical goods and supplies. On 13 November 2020, ASEAN...