Small uptick in South-east Asia piracy is likely

2021 ◽  
Keyword(s):  
East Asia ◽  
East Asian ◽  
Economic Downturn ◽  
South East Asia ◽  
Content Type ◽  
The World ◽  
Key Factor ◽  
Unregulated Fishing ◽  
Financial Losses ◽  
Singapore Strait

Significance More than one-third of reported incidents occurred in the Singapore Strait, one of the busiest shipping lanes in the world. A key factor in this rise in regional maritime crime was the pandemic-related economic downturn. Impacts A rising problem of illegal, unreported and unregulated fishing by Chinese vessels will strain regional coast guards. Racketeers will continue to tempt Rohingya refugees in Bangladeshi camps to attempt perilous sea voyages to South-east Asian states. Shipping companies will suffer increasing financial losses from cyberattacks against shore-based operations and vessels at sea.

South-east Asia will contain enduring piracy threat

2020 ◽  
Keyword(s):  
United States ◽  
South China Sea ◽  
East Asia ◽  
East Asian ◽  
The United States ◽  
South East Asia ◽  
Content Type ◽  
Persistent Problem ◽  
Sulu Sea ◽  
Singapore Strait

Subject Piracy attacks in South-east Asia. Significance An incident of kidnapping for ransom in the Sulu Sea last week and a series of attacks on shipping in the Singapore Strait last month have refocused attention on the persistent problem of piracy in South-east Asia. The safe passage of shipping through the region’s waterways is crucial to global trade. Impacts South-east Asian states will respond to piracy outside the framework of ASEAN. The United States and Japan will take the lead in providing capacity-building support for regional coast guards and navies. Piracy in the region is unlikely to become conflated with the South China Sea dispute.

Parts of South-east Asia may adopt nuclear post-2030

2021 ◽  
Keyword(s):  
East Asia ◽  
Nuclear Power ◽  
Large Scale ◽  
East Asian ◽  
Energy Development ◽  
South East Asia ◽  
Asian Countries ◽  
Content Type ◽  
Electricity Grid ◽  
Renewable Energy Development

Significance It is the only country in South-east Asia with a large-scale nuclear plant, although this was never loaded with fuel. Other countries in the region have tentative plans to develop nuclear power programmes. Impacts The current absence of nuclear power programmes will help avert the diversion of capital from renewable energy development in the region. South-east Asian countries with small, non-power reactors, built for research, will try to maintain these facilities. Across the region, the need for electricity grid investment will increase as more decentralised generation sources are deployed.

ASEAN-India naval ties are symbolic, for now

2015 ◽  
Keyword(s):  
East Asia ◽  
Prime Minister ◽  
East Asian ◽  
Humanitarian Aid ◽  
South East Asia ◽  
Asian Countries ◽  
Content Type ◽  
Regional Role

Subject The outlook for Indian naval engagement with South-east Asian countries and ASEAN. Significance At the ASEAN summit in mid-November, India's Prime Minister Narendra Modi underlined India's 'Look East' policy, pledging to cultivate diplomatic, economic and security relationships with South-east Asia. One manifestation of Delhi's willingness to undertake a more strategic regional role is the Indian navy's growing portfolio of partnerships with South-east Asian navies. Amid concerns over China's maritime assertiveness, India's navy has been welcomed in the region as a security partner. Impacts India will avoid South-east Asian undertakings that may provoke China. Delhi will need to define 'Look East' policies concretely to convince South-east Asia fully of Indian strategic utility. Modi will expand bilateral naval exercises, humanitarian aid and counter-piracy/smuggling efforts in South-east Asia.

South-east Asian demand for crowdfunding could grow

2016 ◽  
Keyword(s):  
East Asia ◽  
Small Businesses ◽  
East Asian ◽  
South East Asia ◽  
Product Returns ◽  
Content Type ◽  
The Past ◽  
Regulatory Reforms

Subject Crowdfunding in South-east Asia. Significance Regulatory reforms have made possible a range of alternative financing initiatives that raised almost 84 million dollars for small businesses in the past three years from South-east Asian platforms alone. Crowdfunding is the fastest-growing segment, though amounts are still small. Impacts Further industry-specific regulatory reforms will be required to support South-east Asian crowdfunding. Facing competition, more banks will be forced to offer online crowdfunding-related products. However, low product returns could be a disincentive to large investor interest in crowdfunding.

Tax plan could raise South-east Asia corporate costs

2016 ◽  
Keyword(s):  
East Asia ◽  
East Asian ◽  
Multinational Companies ◽  
The Philippines ◽  
South East Asia ◽  
Short Term ◽  
Content Type ◽  
Tax Amnesty ◽  
Third Phase ◽  
Tax Bases

Subject South-east Asian tax bases. Significance Indonesia's tax amnesty programme enters its third phase in 2017. The amnesty will generate short-term revenue, but it is not a solution to a wider problem of limited tax bases found across the ASEAN core economies of Indonesia, Malaysia, the Philippines, Singapore and Thailand. Impacts Bilateral tax treaties may change following OECD reforms, even if South-east Asian states are not party to the initiatives. Compliance costs for country-by-country reporting for multinational companies under the OECD initiatives could be substantial. More efficient tax collection and wider tax bases could benefit ASEAN states' development such as infrastructure.

Online extremism poses new threats to South-east Asia

2018 ◽  
Keyword(s):  
East Asia ◽  
East Asian ◽  
The Philippines ◽  
South East Asia ◽  
Islamic State ◽  
Content Type ◽  
Suicide Bombings ◽  
The Military

Subject Online radicalisation. Significance On May 25, the Indonesian parliament unanimously passed stringent anti-terrorism laws allowing the military to be directly involved in counterterrorism operations. The vote followed a string of suicide bombings attributed to local jihadist networks that have pledged allegiance to Islamic State (IS). Jakarta joins other South-east Asian governments -- notably those of Malaysia, the Philippines and Singapore -- in attempting to counter a new push in the region by IS, as it loses territory in Iraq and Syria. Impacts Rising anti-Shia sentiment in the region, a by-product of increased Saudi influence, will likely give IS new issues to exploit. The Rohingya crisis gives IS a regional boost, especially in terms of operations in Myanmar and more likely in Yangon than Rakhine State. Non-ideological, low-wage overseas workers, particularly from the Philippines and Indonesia, are most susceptible to IS.

Tourism will rise rapidly as an engine of Asian growth

2018 ◽  
Keyword(s):  
South Korea ◽  
East Asia ◽  
East Asian ◽  
South East Asia ◽  
Content Type

Significance Inbound and outbound Asian tourism has exploded over the last 20 years, especially in East and South East Asia. However, the sector faces challenges. Impacts Supporting tourism, Asia hosts three Olympics in a row -- South Korea 2018 (winter games), Tokyo 2020 (summer) and Beijing 2022 (winter). Tourism is a key source of exports and dollars; if Cambodia is hit by sanctions after its disputed election, tourism could cushion GDP. In ten years the UN sees India's population overtaking China's, making Indian travellers key to East and South-east Asian tourism.

Pandemic fallout hits South-east Asian defence budgets

2020 ◽  
Keyword(s):  
United States ◽  
East Asia ◽  
Political Instability ◽  
East Asian ◽  
The United States ◽  
South East Asia ◽  
Content Type ◽  
Economic Problems ◽  
Economic Distress ◽  
Defence Spending

Subject South-east Asian defence budgets. Significance The pressure of responding to the COVID-19 pandemic is prompting many South-east Asian governments to cut defence spending and postpone or cancel new arms acquisitions. Meanwhile, China and the United States continue to vie for influence in the region. Impacts Piracy attacks will increase across the region as socio-economic distress rises and budgets for navies and coast guards fall. ASEAN unity will fracture as tensions among member states increase. Economic problems will cause political instability across South-east Asia, possibly even leading to military coups in certain countries.

Pandemic expands role of South-east Asian philanthropy

2020 ◽  
Keyword(s):  
Civil Society ◽  
East Asia ◽  
East Asian ◽  
South East Asia ◽  
Content Type ◽  
Non Profit ◽  
Economic Distress ◽  
Severe Recession ◽  
Private Philanthropy

Subject Private philanthropy. Significance In South-east Asia, as elsewhere, there is growing pressure on civil society, from non-profit organisations to corporations, to help address the economic distress and social dislocation caused by the COVID-19 pandemic. Impacts Despite government and philanthropic efforts, South-east Asia is expected to experience a severe recession. A rise in philanthropy by religious organisations will fuel religious polarisation and the risk of violence post-crisis. Indonesia’s non-profit sector will likely experience a particularly sharp funding dip as foreign donations fall.

US-South-east Asia security ties face some tests

2019 ◽  
Keyword(s):  
East Asia ◽  
East Asian ◽  
The Philippines ◽  
South East Asia ◽  
Us South ◽  
Content Type ◽  
Current Term ◽  
Security Relations ◽  
East Asia Security

Significance The ADMM-Plus is primarily a confidence-building forum, but Esper will need to navigate various issues that will affect US security relations in South-east Asia for the remainder of President Donald Trump’s current term. Impacts The forthcoming US election could further diminish Trump’s attention towards multilateral meetings. US defence ties with Singapore and Vietnam will grow more easily than with Thailand and the Philippines. US counterterrorism cooperation with South-east Asian states will likely grow.

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