Executive Summary: Hong Kong launched a new stablecoin regime on August 1, continuing its cautious embrace of emerging financial products nearly three years after declaring its intention to become a digital assets hub. In anticipation of the new regime, July saw a flurry of fundraising... MORE

Executive Summary: Philippine officials declared the island of Basilan free of Abu Sayyaf on June 10. Basilan was formerly one of the group’s strongholds and represents another example of the group’s near-complete degradation. With the war on Islamist radical groups in Southeast Asia largely won,... MORE

Executive Summary: Indonesia has enjoyed some success with deradicalizing high-level militants, including Umar Patek, a key bomb-maker involved with the deadly 2002 Bali bombings. This approach has involved the use of mentorship and entrepreneurial incentives to integrate former Islamists back into society. Indonesia’s program to... MORE

Executive Summary: The Arakan Army (AA), an ethno-nationalist rebel group active in Myanmar, has managed to seize some 90 percent of Rakhine State, with several major cities under siege and the entirety of the border with Bangladesh under their control. The group is receiving increasing... MORE

Executive Summary: On April 18, the infamous Rohingya militant leader Ataullah Abu Ammar Al Jununi was captured by Bangladeshi counterterrorist forces. Ataullah was formerly the head of the Arakan Rohingya Salvation Army (ARSA), a militia that played a key role in the 2017 Rohingya crisis... MORE

Executive Summary: An ultranationalist subset of Myanmar’s community of Buddhist monks have become active supporters of the military junta, offering the regime legitimacy and support in the ongoing civil war. This alliance reflects a broader pattern of authoritarian regimes weaponizing religious authorities to suppress dissent... MORE

Executive Summary: Azerbaijan and Vietnam established an official strategic partnership during General Secretary of the Communist Party of Vietnam Tô Lâm’s May 7–8 visit to Baku, signing major agreements in energy, defense, science, trade, and culture to expand bilateral cooperation. Key economic deals include energy... MORE

Executive Summary:  Russia is increasingly involved in Southeast Asia’s nuclear energy market, most recently vis-a-vis the signing of a new memorandum on the development of nuclear energy between Rosatom and Vietnam Electricity.   Once established, nuclear energy cooperation creates long-term commitments associated with power plant maintenance,... MORE

Executive Summary: Twan Mrat Naing is the leader of one of the major anti-junta ethnic factions in Myanmar, the Arakan Army (AA). Twan has pushed fairly successfully for a separate Rakhine State under his leadership, either independent or in confederation with a new national government... MORE

Executive Summary: Beijing promotes digital sovereignty in its engagements with other countries but with the caveat that it can maintain access to partner countries’ digital systems. Leaked documents from cyber contracting firm iS00N indicate a focus on One Belt One Road partner countries, targeting critical... MORE