SOUTHEAST ASIAN INTEREST
Made in India Netra, Pinaka Systems attract European, Southeast Asian interest
The AEWC is a system developed by the Centre for Airborne Systems and two of their aircraft are already flying with the Indian Air Force giving wide coverage of the adversaries' activities along both western and northern front of the country. The Indian forces are going to get 12 more of these airborne systems in different configurations.
China's lust for durian is creating fortunes in Southeast Asia
Eric Chan, a former satellite and robot code writer, founded a durian company in Malaysia. China's demand for durian led to a twelvefold increase in exports to $6.7 billion last year.
Asian shares mostly lower as China reports factory output slowed
Factory output fell 5.6% in China in May, the government reported, below analysts' forecasts and slowing from 6.7% the month before. Retail sales rose just 4.1% in the first five months of the year.
The man who escaped the scam rings of Cambodia
Thousands of workers are trafficked to Southeast Asia to commit cyber fraud on their fellow citizens over social media. Ex-serviceman Botcha Sankhar, who was forced to work in the scam compounds of Cambodia for six months, unravels the modus operandi of this new and terrifying form of crime and forced labour
Inside China’s increasing interests in Myanmar
Chinese Public Security Minister Wang Xiaohong's recent remarks on China's relations with Myanmar indicate China's growing interest in the country. Despite efforts to improve ties, there are challenges. China seeks to maintain influence in Myanmar's political crisis, but experts suggest ASEAN should take a more active role in mediation to achieve sustainable peace.
India requires to open multiple channels to safeguard Myanmar interests
India's ties with Myanmar are strained by China's influence and ties with Rakhine rebels. India faces challenges in safeguarding assets like the Kaladan project and trilateral highway amid the evolving regional dynamics.
Charting the global economy: BOJ holds; US inflation won’t let up
The US data this week indicated inflation accelerated in the first quarter, reinforcing expectations the Federal Reserve is likely to keep interest rates higher for longer.
Solar companies seek new U.S. tariffs on Asian imports
Petitions come amid growing alarm within the U.S. solar industry that a flood of cheap Chinese green energy technology exports are pushing down prices of solar panels and threatening efforts by the Biden administration to develop a domestic solar supply chain.
Philippine and Chinese vessels collide in disputed South China Sea and 4 Filipino crew are injured
The Chinese coast guard ships and accompanying vessels blocked the Philippine coast guard and supply vessels off the disputed Second Thomas Shoal and executed dangerous maneuvers that caused two minor collisions between the Chinese ships and two of the Philippine vessels, Philippine officials said.
Philippines to push back against China if maritime interests ignored, Marcos says
President Ferdinand Marcos Jr of the Philippines announced that the country will collaborate with China in discussions on the South China Sea dispute, but will firmly defend its sovereignty and maritime rights. He emphasized the importance of working with Southeast Asian nations and China to establish a code of conduct in the South China Sea based on international law. Despite this, Marcos reiterated that the Philippines will not concede any territory to a foreign power.
Why the MILAN matters to Southeast Asian countries
What makes this year’s MILAN even more significant for Southeast Asian countries is the geopolitical backdrop against which it is held. Today, the security dynamics between the Indian and Pacific Oceans are becoming increasingly interdependent due to the deepening and broadening of traditional and non-traditional security threats.
Everyone is wooing Vietnam. Why Hanoi’s ‘bamboo policy’ works
Both the US and China are eager to drag Hanoi to their side — but the Communist country should stick to its long stance of non-alignment and act in its own best interests.
Nvidia CEO suggests Malaysia could be AI 'manufacturing' hub as Southeast Asia expands data centers
Jensen Huang, Nvidia's founder and CEO, told reporters in Kuala Lumpur that the Malaysian conglomerate YTL Corp. could play an important role in setting up AI data centers.
Cooperation in Indo-Pacific is in interests of India and Vietnam: Jaishankar
During his visit to Vietnam, External Affairs Minister S Jaishankar emphasized the importance of cooperation in the Indo-Pacific region for India and Vietnam. He highlighted the significance of ASEAN centrality and the contribution of the Quad grouping, which includes the US, India, Japan, and Australia. The Quad has been strengthening cooperation in defense and energy to counter China's growing influence in the region.
Southeast Asians wary of new conflicts as big powers join ASEAN summit
Indonesian President Joko Widodo urged world leaders to avoid confrontation at a Southeast Asian summit dominated by major power rivalries. The summit, attended by U.S. Vice President Kamala Harris, Chinese Premier Li Qiang, and Russian Foreign Minister Sergei Lavrov, discussed issues such as trade, technology, China's assertiveness in the South China Sea, and Myanmar's refusal to cooperate with ASEAN.
At ASEAN-India summit, PM Modi calls for building rules-based post-COVID world order
Prime Minister Narendra Modi emphasized the importance of building a rules-based post-COVID world order and strengthening the voice of the Global South during his address at the ASEAN-India summit. He also highlighted the need for a free and open Indo-Pacific. India supports the ASEAN outlook on Indo-Pacific and sees ASEAN as a crucial player in global development. Modi stated that mutual cooperation between ASEAN and India has been progressing despite global uncertainty and reaffirmed that ASEAN occupies a prominent place in India's Indo-Pacific initiative.
Engineer shortage in Vietnam may dent US plans to turn Southeast Asian nation into chips powerhouse
Industry officials, analysts and investors said that the small pool of trained experts will be a crucial hurdle for the rapid development of the chip industry.
India aims to trade electricity with Southeast Asia: Sources
India is eyeing trading power with Southeast Asian nations using Myanmar and Thailand as its profusion of renewables capacity subsequently boosts regional diplomatic engagement. The grid linkages could take at least four years to complete, say reports citing five sources briefed on the matter. The plans follow India's efforts to begin power trading with Middle Eastern countries such as the United Arab Emirates. The Asian nation plans to boost its renewable and big hydropower capacity to 500 gigawatts by 2030, from 177 gigawatts currently.
Southeast Asian tech giant Sea disbands investment arm amid global uncertainty
The arm, Sea Capital, stopped new equity investing in 2022 with leadership moving on in May, while Sea itself is placing less priority on investing given market conditions.
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