Headlines

The hidden amnesty in Indonesia’s cut-rate Patriot Bonds

Indonesia’s new sovereign investment vehicle, BPI Danantara, has officially launched the Patriot Bond, targeting an extraordinary 50 trillion rupiah (US$2.8 billion) in fundraising. The special debt instrument consists of two tranches worth 25 trillion rupiah each: Series A

Asia

China’s bear hug won’t save Myanmar’s Min Aung Hlaing

When Chinese President Xi Jinping welcomed Myanmar coup-maker Senior General Min Aung Hlaing to Beijing on June 15 with full state-visit honors — Huawei phone gift included — the choreography was meant to read as consolidation. Five days later, when UN Special Envoy Julie

Asia

US fights the battles South Korean conservatives have abandoned

On June 3, at a US House Foreign Affairs Committee hearing on the State Department budget, Representative Darrell Issa made a request. “Mr. Chairman, I ask unanimous consent that the Wall Street Journal article entitled ‘South Korea Takes a Hard Left Turn Against America’ be

Asia

The future of peace on the Korean Peninsula

As South Korea hosts the Jeju Forum for Peace and Prosperity from June 24 to 26, an important question confronts policymakers across Asia: What is the future of peace on the Korean Peninsula? Equally important is how South Korea’s evolving strategic and domestic realities will

Asia