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Asian economies face headwinds in 2024

BANGKOK: Asian economies are not doing as well as they could, and growth in the region is forecast to slow to 4.5 percent this year from 5.1 percent in 2023, the World Bank said in a report released on Monday. Debt, trade barriers and policy uncertainties are dulling the region’s …

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China’s trump card

Thus far, the DFA has been stuck in a cycle of issuing note verbales, filing diplomatic protests, and summoning the Chinese Ambassador, Huang Xilian, which Beijing merely shrugged off. Since August last year, the Senate has adopted a resolution seeking Department of Foreign Affairs (DFA) action to bring the increasingly …

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