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WEEK IN REVIEW: China Props up Solomon Islands’ Budget With $20 Million Injection

The Indian government is planning to spend $1 billion to expedite the construction of 12 hydroelectric dams in Arunachal Pradesh, a sensitive region near the contested border with China. Beijing denounced the move and said New Delhi has "no right to build in that area and that ...

Why the Philippine-Japan Defense Pact Matters

More than 70 years after Japan's invasion and occupation of the Philippines during World War II, the countries on Monday signed a defence pact that allows them to deploy troops on each other's soil. The agreement was finalized during high-level defense ...

Philippines and Japan Sign Key Defense Pact

The Philippines and Japan signed a key defense pact on Monday that will allow the deployment of troops on each other's territory as they boost ties in the face of China's growing assertiveness. The Reciprocal Access Agreement (RAA) was finalised in ...

Philippines, Japan on Verge of Key Defense Pact

By Pam Castro The Philippines and Japan are set to sign on Monday a key defence pact that will allow the deployment of troops on each other's territory. Japanese Defense Minister Minoru Kihara and Foreign ...

Philippines Hopes to Sign Key Defense Pact With Japan

Pam Castro The Philippines' military chief said Thursday he hoped a key defense pact with Japan allowing for the deployment of troops on each other's territory would be signed at security talks next week. Japanese ...

Sri Lanka to Save $5 Billion From Bilateral Debt Deal

Sri Lanka will save $5 billion following the restructuring of its bilateral debt, much of which is owed to China, through slashed interest rates and longer repayment schedules, the president said Tuesday. The island nation defaulted on its foreign borrowings in ...

Philippines, Japan to Hold Security Talks Next Month

Japan and the Philippines are to hold high-level defence and security talks next month, the foreign department said Friday, as the two countries seek to boost ties in the face of China's growing regional pressure. Japan's Defence Minister Minoru Kihara and ...

Sri Lanka’s Creditors Demand Deal Details, Including With China

Sri Lanka's bilateral lenders, who agreed to restructure close to $6 billion in loans, have demanded "comparability of treatment" with other creditors, including China. A statement seen by AFP on Thursday read that the Official Creditor Committee (OCC), led by Japan, ...

Sri Lanka Seals Debt Deal With China, Others After Crash

By Amal Jayasinghe Sri Lanka said on Wednesday it had clinched a restructuring deal with key bilateral lender China and other nations, covering up to $10 billion in debt. This is a critical step towards recovery after the 2022 financial crash.

South Korea, China, Japan Leaders Meet for Rare Summit

South Korean, Chinese, and Japanese leaders met in Seoul Monday for their first trilateral summit in nearly five years after nuclear-armed North Korea announced plans to put another satellite into orbit. There are low expectations of any major breakthroughs at the ...

Philippines to Buy 5 Japanese-Made Coast Guard Ships in $400 Million Deal

The Philippines has agreed to buy five coast guard patrol ships from Japan in a deal worth more than $400 million, Manila said Friday, as the Southeast Asian country faces growing Chinese pressure in the South China Sea. Japan will loan ...

Japan-Kenya Loan Deal Shifts Chinese Influence

Japan will reportedly provide about $107 million in bilateral loans to Kenya for port, water, and electricity infrastructure, to be implemented from next week. The deal signals a stronger role for Japan as an external partner to the continent amid G7 anxieties about China’s influence.
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