Asian Studies Commons^™

China's Approach To Central Bank Digital Currency: Selectively Reshaping International Financial Order?, Heng Wang

Research Collection Yong Pung How School Of Law

China is likely to be the first major economy to issue central bank digital currency (CBDC), the digital version of sovereign currency. China’s CBDC is also known as e-CNY, DC/EP, or digital yuan. ECNY has the potential to profoundly affect the international financial system and order. This article explores the following crucial issues from an international perspective: what are the core features of e-CNY? What is China’s approach to CBDC? What is the long-term sustainability of China’s CBDC approach? This article argues that the role of the state, the potential cross-border use of e-CNY, and China’s proactiveness in international governance …

Sustainable Strategies For Mass Rapid Transit Ppps, Sock Yong Phang, Bin Chye Tan

Research Collection School Of Economics

Mass rapid transit (MRT) PPPs have proliferated in the past two decades. This chapter provides a framework to categorise and understand alternative PPP designs. As MRT systems are inherently large, unprofitable and risky projects, PPP design is critical to project success and sustainability. We study the experiences of MRT PPPs in London, Hong Kong, Singapore and Beijing to understand factors underlying success and failure and to arrive at policy recommendations for PPPs. Policymakers need to have additional governance improvement and risk mitigation measures in place when tied supply chains are utilised. Hong Kong’s experience illustrates that ‘Rail plus Property’ strategy …

Developing Talent Through Work-Integrated Learning, Poh Sun Seow, Gary Pan

Research Collection School Of Accountancy

No abstract provided.

A Research On The Innovative Performance Of Clustering Enterprises In Industrial Parks: Evidence From Shenzhen, China, Jiangong Bai

Dissertations and Theses Collection (Open Access)

How about the innovation performance of enterprises clustered in the industrial parks? This is the core question of this study. Based on the thinking and evolution of the question, this study will focus on the impact of industrial agglomeration on enterprise innovation performance with enterprise relations and informal institution as intermediate variables.

In this study, Shenzhen, as a city of innovation, is selected as the research area where sample parks and enterprises can be investigated to obtain data. This study constructs and measures the strength of informal institution and enterprise innovation performance through grounded theory and fuzzy matter-element method, evaluates …

Audit Adjustments Matter: What They Reveal About Companies' Financial Reporting, Themin Suwardy, Chu Yeong Lim

Research Collection School Of Accountancy

This study investigates the characteristics, nature and extent of proposed audit adjustments to the financial statements of listed companies in Singapore. Data was gathered from the 2018 to 2020 financial statements of 412 companies, along with views of close to 280 audit committee chairs and heads of finance (or similar designations) on the effectiveness of their companies’ finance function.

Exploring The Politics Of Fear And Its Intersection With Anti-Asian Violence And Discrimination In The Context Of The Covid-19 Pandemic, Madelyn Kwun

CMC Senior Theses

This thesis examines the linkage between the politics of fear and anti-Asian sentiment and violence following the onset of the COVID-19 Pandemic in Canada and Australia. While anti-Asian sentiment is not new, society does not always address it or educate people on the Asian experience. Throughout the history in which Asians arrived in both Canada and Australia, what started with Chinese exclusion in the late 1800s, led to further discrimination in society leading up to the COVID-19 pandemic. The early foundations of mistrust and disgust towards Asians in Canada and Australia made the onset of the COVID- 19 pandemic worse …

In Search Of Unicorns: An Analysis Of Japan's Startup Ecosystem, Kaito Komoriya

CMC Senior Theses

While Japan previously dominated global consumer markets in innovative electronic products, the economy has failed to live up to this performance since the burst of the asset price bubble in 1992 and the subsequent lost decades. In the modern economy, startup companies have become synonymous with innovation. Most of these companies have emerged from Silicon Valley, as well as other startup hubs around the globe. However, critics have criticized Japan for the limited number of notable startup companies from the country.

My thesis seeks to answer the two following questions: First, what is the current state of Japan’s startup ecosystem? …

Rethinking The Role Of Employment Barriers In Active Labor Market Policy: Evidence From A Fixed Effects Analysis, Jian Qi Tan, Irene Y. H. Ng, Kong Weng Ho

Research Collection School Of Economics

Using a panel dataset from a five-wave survey of participants in Singapore’s Work Support Programme (WSP) from 2010 to 2016, we quantify the cumulative negative impact of facing multiple employment barriers and demonstrate the association between the individual stressors and labor market indicators. Using a fixed effects model to reduce the confounding effects of unobservables, we find that a one standard deviation increase in the number of employment barriers brings about a 2.7 to 3.5 percentage point increase in the probability of being unemployed and a 58 SGD to 78 SGD decrease in individual earnings.

No Oral Modification Clauses: Autonomy, Certainty Or Presumption?, Kwan Ho Lau

Research Collection Yong Pung How School Of Law

By a judgment of Lord Sumption with which a majority of the court agreed, the Supreme Court in MWB Business Exchange Centres Ltd. v Rock Advertising Ltd. [2018] UKSC 24, [2019] A.C. 119 ruled that a contractual term which prescribed that the contract was not amendable save in writing signed by or on behalf of the parties (a No Oral Modification or “NOM” clause) was effective to invalidate subsequent oral variations to the contract. Lord Burrows later suggested extrajudicially (in P.S. Davies and M. Raczynska (eds.), Contents of Commercial Contracts (London 2020), 49) that Rock Advertising might not find traction …

Research On The Economic And Trade Relations Between China And Asean Rcep, Meng Li

Chulalongkorn University Theses and Dissertations (Chula ETD)

The trade cooperation between China and ASEAN has endured for nearly three decades, coinciding with a period of rapid global economic development and significant transformations among nations. Despite encountering numerous challenges, the collaboration between China and ASEAN has remained unwavering, leading to remarkable growth in both economies. Meanwhile,the Regional Comprehensive Economic Partnership(RCEP) signed by China and ASEAN can also more effectively promote bilateral economic and trade cooperation. However, with the changes in the international geopolitical situation, the acceleration of the reconstruction of the global value chain, and the intensification of the strategic game between major powers, there are more uncertainties …

Chinese Cultural Symbols In Thailand : A Study Of Mazu Belief In The Chinese Community In Bangkok Chinatown, Tongtong Xu

Chulalongkorn University Theses and Dissertations (Chula ETD)

The overseas Chinese living around the world constitute a unique and far-reaching social group in the development of modern human history. While seeking survival and development in foreign lands, they also spread Chinese culture to the world, creatively integrating Chinese culture, territorial culture, and other cultures, forming a distinctive culture of overseas Chinese. Due to the historical environment, geographical conditions, and background factors of transportation, Southeast Asia now has the largest number of overseas Chinese in the world. Among them, overseas Chinese living in Thailand have long been integrated into the mainstream of their economy, politics, and culture. Many Chinese …

The Asean Way : A Study Of Its Evolution And Contemporary Relevance, Yanmei Zhou

Chulalongkorn University Theses and Dissertations (Chula ETD)

The "ASEAN way" does not have a unified definition; it can be seen as a series of codes of conduct formulated by ASEAN to adjust intra-regional conflicts and cooperation. The "ASEAN way" takes the principle of non-interference as its core, and as a process it is based on consultation and consensus. Its main features are informality, weak institutionalization and non-confrontation. This paper attempts to use a long-term historical perspective to study the development and changes of the"ASEAN Way". Through a general review of the history of ASEAN, the paper identifies some typical cases that are more relevant to the "ASEAN …

Examining The New Asean Regional Order Shaped By Us-Chinese Strategic Competition-Through The Lens Of Health Security, Yichao Yang

Chulalongkorn University Theses and Dissertations (Chula ETD)

The strategic competition between China and the United States in the 21st century has changed the regional order in Asia, and the Association of Southeast Asian Nations (ASEAN), as an important region in Asia, has also been affected. Since the end of the Cold War, global politics has begun to consider non-traditional security, including security issues related to the environment, public health, and culture. To understand how US-China competition affects ASEAN, this article will focus on public health security, especially during the COVID-19 pandemic. This paper analyzes some ways in which China and the United States cooperate and confront the …

Study On China-Myanmar Relations After The Myanmar’S Democratic Transformation, Yingting Guo

Chulalongkorn University Theses and Dissertations (Chula ETD)

Myanmar has a special geographical location, connecting East Asia, Southeast Asia and South Asia. It is located at the intersection of China, India and ASEAN,facing the Andaman Sea (Indian Ocean) in the west and the South China Sea (Pacific Ocean) in the east, which has significant geostrategic significance. For China,Myanmar is an vital part of its neighborhood diplomacy and an essential country along the Belt and Road Initiative. Therefore, in the context of Myanmar's"democratic" reform, it is of great significance to analyze Myanmar's policy towards China and the test of changes and unchanging relations between China and Myanmar. Since the …

China's Influence On Laos' Infrastructure Investment And Lao People's Views On It - The Case Study Of China-Laos Railway, Ziying Cheng

Chulalongkorn University Theses and Dissertations (Chula ETD)

This paper addresses the following question: "Given that China's economic contribution to the China-Laos Railway project is greater than Laos', will China have greater influence in the project than Laos?" In recent years, China and Laos have developed increasingly close relations. In addition, the China-Laos railway has been completed by the end of 2021 as a result of China's continued implementation of its "One Belt, One Road" policy. In the first section of the article, this context is described in detail. Laos has always been the only landlocked nation on the Indo-China Peninsula, and the construction of railways within its …

Exploring How Online Responses Change In Response To Debunking Messages About Covid-19 On Whatsapp, Xingyu Ken Chen, Jin-Cheon Na, Luke Kien-Weng Tan, Mark Chong, Murphy Choy

Research Collection Lee Kong Chian School Of Business

Purpose: The COVID-19 pandemic has spurred a concurrent outbreak of false information online. Debunking false information about a health crisis is critical as misinformation can trigger protests or panic, which necessitates a better understanding of it. This exploratory study examined the effects of debunking messages on a COVID-19-related public chat on WhatsApp in Singapore. Design/methodology/approach: To understand the effects of debunking messages about COVID-19 on WhatsApp conversations, the following was studied. The relationship between source credibility (i.e. characteristics of a communicator that affect the receiver's acceptance of the message) of different debunking message types and their effects on the length …

East Asia’S Soft Power Competition In Southeast Asia: A Case Study Of Public Diplomacy Efforts In Promoting Japanese, Chinese, And Korean Language Learning In Thailand Since The 2000s, Nala Han

Chulalongkorn University Theses and Dissertations (Chula ETD)

Japan and China are major superpowers in Asia with historically and economically close relations to Southeast Asia, while Korea remained relatively invisible until the 19th century. The different historical ties of these three countries with Southeast Asia have resulted in different approaches to the region. This study examines how Japan, China, and Korea have expanded their presence in Southeast Asia, focusing on their use of soft power. Soft power, a concept introduced by Joseph Nye Jr. in the 1990s, has become essential in understanding the power dynamics of the international community. The research specifically looks at the efforts of the …

The Emergence Of The Non-Aligned Foreign Policy Of Burma From The End Of The Second World War To Bandung Conference, Aung Kyaw Min

Chulalongkorn University Theses and Dissertations (Chula ETD)

Burma has been practicing non-aligned foreign policy since its independence. Most of the literature studied on Burma's foreign policy argued that Burma's non-aligned foreign policy was initiated around 1950. As Burma became a colony under the British Empire from 1886 to 1948, the experience of colonialism might also play an essential role in foreign relations in Burma. After independence, Burma also faced numerous challenges, such as insurgency problems. Therefore, the primary objective of this study is to examine the emergence of the ideological foundation of the non-aligned foreign policy of Burma after the Second World War. Moreover, this study will …

Street Protests In Thailand During 2019 To 2022, Wending Zhang

Chulalongkorn University Theses and Dissertations (Chula ETD)

The Covid-19 pandemic was adversely affecting Thailand amidst strong attacks especially by the youth groups on the government. The main force of Thai youth protests has made street protests in Thailand different from those of the past. By problematizing this emerging phenomenon, this paper proposes to tackle two research questions. How are the protests in Thailand during the Covid-19 pandemic different from those the past? How does the massive outbreak of protests generate implications for present and future Thailand? Therefore, this paper combines the theories of Radical Politics, Digital Activism and Contentious Politics, adopts qualitative research and quantitative research, mainly …

The Chinese Association In Thailand And Its Development From 1907 To 1963, Daniel Jiang

Chulalongkorn University Theses and Dissertations (Chula ETD)

This research argues the history of the Chinese Association in Thailand (CAT) is strongly connected to the transformation of self-identity among the pro-Republic of China Thai Chinese. Since the foundation of CAT in 1907 by the Tongmenghui members, the association itself represents the rise of Chinese nationalism amongst ethnic Chinese in Siam. The Chinese nationalism in Thailand was challenged by several major factors during the following periods: first was the rise of Siamese nationalism that clashed with the Chinese nationalism since the reign of Rama VI in the 1910s; second was the anti-Chinese policies during the second World War, as …

Folk Beliefs, Religions And Cultural Tourism In Modern Vietnamese Society: A Case Study Of Perfume Temple Festival, Xuan Wang

Chulalongkorn University Theses and Dissertations (Chula ETD)

This thesis presents an analysis of the folk beliefs and cultural tourism in modern Vietnam through a case study of the Perfume Temple Festival. It is presumed that folk beliefs and traditional folklore have always constituted the spiritual foundation of Vietnamese people in present day society. It is found that the introduction of religions from outside Vietnam does not affect traditional folk beliefs. These religious beliefs have been integrated into Vietnamese beliefs and traditional culture. This integration contributes to the stability and harmony of modern Vietnamese society. The Perfume Temple Festival, as one of the biggest national temple festivals, embodies …

Improperly Obtained Evidence In Criminal Proceedings: An Updated Framework, Siyuan Chen, Zhi Jia Koh, Jian Wei Joel Soon

Research Collection Yong Pung How School Of Law

The 2012 amendments to the Evidence Act “significantly broadened the admissibility criteria for expert evidence”; at the same time, the judicial discretion to deny admissibility of relevant expert opinion evidence was also introduced. This article considers the key developments pre- and post-amendments, and in doing so provides an updated framework for prosecutors and defence counsel alike to admit and challenge expert opinion evidence in criminal proceedings. Since it complements earlier articles in this series on similar fact and hearsay evidence, readers are assumed to be broadly familiar with the features of the Evidence Act, such as its admissibility paradigm, the …

Climate Change And Sustainability In Asean Countries, David K. Ding, Sarah E. Beh

Research Collection Lee Kong Chian School Of Business

The ASEAN region is one of the most susceptible regions to climate change, with three of its countries—Myanmar, the Philippines, and Thailand—among those that have suffered the greatest fatalities and economic losses because of climate-related disasters. This paper reveals that the ASEAN’s environmental performance is sorely lagging other regions despite evidence of its cohesive and comprehensive efforts to mitigate emissions and build up adaptive capacity to climate-related disasters. Within the ASEAN, there exist gaps in environmental performance between each country. This suggests that increased cooperation between individual ASEAN countries is pertinent for the region to collectively combat climate change. In …

Conditional Relationship Between Distress Risk And Stock Returns, Su Hee Yun, Jung Min Kim

Research Collection Lee Kong Chian School Of Business

Purpose: Previous research on the relationship between a firm’s distress risk and future stock returns produces inconsistent results. This study attempts to explain the conflicting results of earlier studies by showing that systematic distress risk leads to positive rewards, while unsystematic distress risk leads to low stock returns. In addition, this study intends to elucidate the factors of systematic distress risk and unsystematic distress risk, respectively. In this way, this study informs the rational investor what kind of distress risk they should take. Design/methodology/approach: This study considers two distress-predictor sets to show a possibility between distress risk and stock returns …

Jue Insight: Migration, Transportation Infrastructure, And The Spatial Transmission Of Covid-19 In China, Bingjing Li, Lin Ma

Research Collection School Of Economics

This paper evaluates the impacts of migration flows and transportation infrastructure on the spatial transmission of COVID-19 in China. Prefectures with larger bilateral migration flows and shorter travel distances with Hubei, the epicenter of the outbreak, experienced a wider spread of COVID-19. In addition, richer prefectures with higher incomes were better able to contain the virus at the early stages of community transmission. Using a spatial general equilibrium model, we show that around 28% of the infections outside Hubei province can be explained by the rapid development in transportation infrastructure and the liberalization of migration restrictions in the recent decade.

Disclosure In Criminal Proceedings: Developments And Issues Ahead, Siyuan Chen

Research Collection Yong Pung How School Of Law

The last decade or so witnessed very significant changes to the disclosure regime for criminal proceedings in Singapore. These came mainly in the form of the enactment of the current Criminal Procedure Code, as well as the landmark cases of Muhammad bin Kadar v Public Prosecutor [2011] 3 SLR 1205 and Muhammad Nabill bin Mohd Fuad v Public Prosecutor [2020] 1 SLR 984. This article surveys all relevant developments since the enactment of the Criminal Procedure Code and considers some of the issues that may lie ahead, such as whether unused statements of the accused should be disclosed, whether statements …

The Problems With Trade Secret Protection/Overprotection In Asia, Kung-Chung Liu

Research Collection Yong Pung How School Of Law

Trade secret protection law has been an important complement to patent law and has gained increasing importance over the last three decades, not least in Asia. Major Asian countries are now at a crossroads, as some (Japan, Korea, Thailand, Taiwan, and China) are following the US approach to criminalizing trade secret infringement and imposing harsher penalties on economic espionage (Japan, Korea, Taiwan, and China). This paper identifies many of the problems associated with trade secret protection, provides indicators of the overprotection of trade secrets, and warns against its many side effects. It then points out the crossroads that Asian economies …

Can Delaying An Execution Due To Covid-19 Amount To Unconstitutional Discrimination?, Benjamin Joshua Ong

Research Collection Yong Pung How School Of Law

This note discusses the case of Syed Suhail bin Syed Zin v Attorney-General [2021] 1 SLR 809 (CA); [2021] 4 SLR 698 (HC) and its implications for equality law in Singapore.

The 2022 Global Philanthropy Environment Index Singapore, Tan K. B. Eugene

Research Collection Yong Pung How School Of Law

The three indicator questions in this section pertain to the laws and regulations governing philanthropic organizations (POs). The scoring questions for this category cover three aspects of regulations: (A) formation and registration; (B) operations; and (C) dissolution.

A Harbour In The Country, A City In The Sea: Infrastructural Conduits, Territorial Inversions And The Slippages Of Sovereignty In Sino-Sri Lankan Development Narratives, Orlando Woods

Research Collection School of Social Sciences

This paper adopts infrastructure as a lens through which new understandings of the inter-relationships between territory and sovereignty can be advanced. It argues that inverting the terrestrial assumption of territory can lead to “slippages” of sovereignty in which territorial sovereignty is indirectly claimed through the assertion of governance rights. For the purposes of this paper, I explore these inversions through the reclaiming of land from the ocean, and the removal of land by the ocean. Drawing on ethnographic research exploring the effects of China-backed infrastructure megaprojects in Sri Lanka, these territorial inversions are explored, respectively, through the Port City Colombo …