BN’s days of fielding a ‘songkok’ and expecting easy election wins are gone: Ismail Sabri

Mr Ismail Sabri also said that parliament was dissolved so that the people could elect a new government. But this decision has been misunderstood by the opposition, he said.  “When parliament is dissolved, the opposition should be pleased as there were many accusations about the government’s legitimacy,” he said, accordingContinue Reading

China’s property sinkhole growing deep and wide

Chinese real estate developers are desperate to recover from the prolonged lockdowns driven by China’s zero-Covid policy. But the slowdown in home sales is also related to the collapse of household confidence in the country’s real estate market. The mortgage boycott in China is a direct consequence of the bankruptcies of an increasing number of developers. […]Continue Reading

Revisionist Marcos regime a danger to Philippine democracy

The Marcos family is back in power after 36 years. Its return is a dangerous moment for democracy in the Philippines.  Ferdinand “Bongbong” Marcos Jr was elected in a landslide victory in May, gathering more than 30.8 million votes and winning almost 60% of the vote. This was the Philippines’ first majority victory in decades.  Marcos […]Continue Reading

Turkmenistan is open for business

Western observers are mistaken in their tendency to overlook Turkmenistan, a resource-rich, strategically consequential country that borders such key regional players as Afghanistan, Iran, Kazakhstan and Uzbekistan and has a long coastline on the Caspian Sea.  The country serves as one of the most important east-west and north-south transport and logistics hubs in Eurasia.  Oddly, neither […]Continue Reading

Asia faces economic headwinds

While Joe Biden is trying to calm concerns about recession and Christine Lagarde is scaring markets with quantitative easing (QE), the central banks of South Korea and Japan are pleasing investors in their own way. Starting with the “Land of the Rising Sun,” despite Japan’s 2.84 trillion yen (US$19.7 billion) intervention in the foreign-exchange market in the […]Continue Reading

Party Congress next step to Xi’s one-man rule

Opening on October 16, 2022, China’s 20th National Congress of the Chinese Communist Party is virtually certain to see general secretary Xi Jinping confirmed as China’s top leader for a third term. This will mark yet another step in China’s steady slide towards a more personalist regime centered on a single individual. In the near […]Continue Reading