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August 8, 2024
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According to a new Trump Risk Index from the Economist Intelligence Unit, several Asian economies, including some with close security ties to the US, are especially vulnerable when it comes to trade. Among the 10 major trading partners that are most at risk due to potential trade policy changes under Trump, six of them are in Asia.
The Malaysian government’s tightening of the screws on a key internet directory has heightened concerns over the state of online freedom in the country, following conflict between authorities and social media platforms amid efforts to impose licensing laws.
Observers say the proposed law “enforces” for the first time the 2016 arbitral ruling and embeds the term West Philippine Sea, coined by the administration of the late President Benigno Aquino III.
Manila on Monday rejected a claim by a China Coast Guard spokesperson that the presence of the BRP Teresa Magbanua, a Philippine Coast Guard (PCG) ship stationed at the shoal, violated Beijing’s territorial sovereignty and maritime rights. The Chinese side also claimed the vessel had been “illegally stranded” on the shoal.
Observers say, however, that in the event of any escalation of tensions with China, joint action between the Philippines and Vietnam remains unlikely as Hanoi’s defence policy prohibits it from forming alliances to oppose another nation.
TOKYO -- The autonomous government set to be established on the Philippine island of Mindanao next year will aim to be a hub for the halal industry in Southeast Asia, partly thanks to foreign investments from Muslim countries, its top official told Nikkei Asia.