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TOKYO -- A Japanese startup will soon begin a feasibility survey for an autonomous aerial tramway in the Philippine mountain resort city of Baguio, seeking a foothold in Southeast Asia for low-cost public transportation technology.
SINGAPORE -- Southeast Asia is likely to outpace China's economic growth and inflow of foreign direct investments over the next ten years, a new study led by a Singapore-based think tank showed, as the region benefits from growing demographics and a global supply chain shift.
MANILA – Marking a first, the Philippines hosted “two-plus-two” talks between American and Filipino defense and diplomatic chiefs.
SINGAPORE (AP) — With large parts of the world in turmoil and deep uncertainty over the future direction of America’s global role, U.S. Secretary of State Antony Blinken sought this week to project an aura of calm normalcy as he traveled through Asia on his first overseas mission since President Joe Biden jolted the 2024 presidential race with his withdrawal.
“It is better for issues within Asean and the Southeast Asian region to be resolved through negotiations and dialogue among the countries themselves,” the minister said, adding that external influence would lead to “uncertainty” in the region.
Chinese warships were recently spotted sailing close to the Aleutian Islands, just off the Alaskan coast. Meanwhile, naval boats have begun to dock at a Beijing-built military port in Cambodia.
For the first time in a decade, Southeast Asia has attracted more foreign direct investment (FDI) than China as investors shift faster towards building “China + 1” supply chains amid increasing manufacturing costs and rising tariffs that have reduced Beijing’s competitiveness.
