Your Geopolitix Bottom Line

APAC Mondays.png

GEOPOLITICAL RISK+GLOBAL MARKETS

APAC MARKETS IMPACT + OPPORTUNITY

New Zealand grapples with worst ever terror attack -Asia Times

ABE DOUBLES DOWN on constitutional reform and pledges defense buildup in speech before National Defense Academy graduates -The Japan Times

Voters in high spirits as early voting begins in Thailand Around 2.6 million of over 51 million eligible voters have registered to vote outside their home constituencies in Thailand. They include over 928,000 who will cast their votes at 58 polling stations in the capital Bangkok -The Straits Times

Major Issues Linger in the US-Philippines Security Alliance -The News Lens 

GLOBAL BUSINESS

PODCAST OF THE WEEK Episode 289: Global Digital Report 2019 with Simon Kemp Simon Kemp, founder and CEO of Kepios joined us in a conversation on the global digital report 2019 and what it has installed for Asia Pacific in 2019. -Analyse Asia

China will not ‘discriminate’ between state and private companies, vows Premier Li Keqiang -SCMP

·       Premier ends National People’s Congress by promising to introduce measures to alleviate burdens felt by the private sector

·       Entrepreneurs often feel treated differently to state-owned enterprises despite the private sector contributing 60 per cent of China’s gross domestic product

Business groups concerned over China’s new law US organizations far from impressed with investment legislation despite renewed hopes of trade war peace deal -Asia Times

The American Chamber of Commerce in China, pointed out that the vague language in the legislation allowed local governments to expropriate investments that “harm the public interest.”

Why China Silenced a Clickbait Queen in Its Battle for Information Control The silencing of Ms. Ma, better known in China by her pen name, Mimeng, reflects a broader campaign by President Xi Jinping to purge the public sphere of popular voices that the ruling Communist Party finds threatening, no matter how innocuous they may seem. -NYT

What’s behind the double benefits for Hong Kong under China’s new foreign investment law? -SCMP

·       City is lucky to enjoy the best of both worlds but those advantages also mean growing international scrutiny

·       One concern is Beijing’s right to conduct a ‘national security review’ of foreign firms

Ill-timed beef duty looms over Japan's talks with Trump US, a nonmember of the TPP-11, would be tariff hike's only real target -Nikkei

Instagram’s first overseas development team to set up shop in Tokyo -The Japan Times

“Japan was a unique opportunity given how much growth we had here, given how important the market is for the business and given how unique Japan is, culturally, economically … that we thought it was worth the risk,”

Facebook’s Vulnerabilities Highlighted During a Terrible Week -Bloomberg

The Ministry of Economic Affairs and Board of Science and Technology Promote Innovation Sandbox Together to Demonstrate Government Support for Innovation and Entrepreneurship; MOEA Hosts “2018 Innovat It is also expected for more small and medium enterprises, and new entrepreneurs to participate and realize innovation in the future, to allow innovative ideas to quickly bud in Taiwan, and to propel national development while facilitating establishment of a more comprehensive environment for innovation and entrepreneurship. -The News Lens

Foxconn Chief Inks Investment Deal With Populist Kaohsiung Mayor Foxconn, whose listed arm Hon Hai Precision Industry Co. assembles the iPhone, will develop big data, cloud computing and artificial intelligence in Kaohsiung, Gou said Sunday. -Bloomberg

AliPay, WeChat entry faces hurdles While illegal transactions using Chinese digital payment instruments like AliPay and WeChat are rampant among Chinese tourists in Bali, the wish of the foreign e-wallets to legally operate in the country face obstacles as they need to go through the lengthy process of securing local partners. -The Jakarta Post

GLOBAL MACRO

Japan’s slide puts BOJ boss on the spot Kuroda was a bold choice for Abe’s central bank chief. Now he needs to act boldly -Asia Times

Thai Growth Will Ride Out Any Election Unrest Once the dust settles, attention will return to completing a key economic project that’s already attracted billions of dollars in foreign investment. -Bloomberg

China, Indonesia and India emerge as miners of Australia's coal Western companies under pressure to divest fossil fuel assets Compared with counterparts from developed countries, emerging-nation resource developers do not face as much scrutiny from shareholders over environmental issues. They also must keep up with growing energy demand in the region, especially in India and Southeast Asia, where renewable energy cannot keep pace with economic growth. Coal use in those regions is expected to double over the next two decades. -Nikkei

Govt readies new direct scheme for 'problematic' LPG subsidy One critical issue is in ensuring that the subsidized LPG ends up only in the hands of eligible beneficiaries: the poor. At present, even the wealthy can easily purchase the 3-kilogram canisters of subsidized LPG at discounted prices through online marketplaces. -The Jakarta Post