Latest news with #Asia-PacificRegionalSecurityAssessment
GMA Network
3 days ago
- Business
- GMA Network
Asia boosts weapons buys, military research as security outlook darkens
HONG KONG — Spending on weapons and research is spiking among some Asian countries as they respond to a darkening security outlook by broadening their outside industrial partnerships while trying to boost their own defense industries, a new study has found. The annual Asia-Pacific Regional Security Assessment released on Wednesday by the London-based International Institute for Strategic Studies (IISS) said outside industrial help remains vital even as regional nations ultimately aim for self-reliance. "Recent conflicts in Ukraine and the Middle East, coupled with worsening US-China strategic competition and deterioration of the Asia-Pacific security landscape, may lead to a rising tide of defense-industrial partnerships," it read. "Competitive security dynamics over simmering into the need to develop military capabilities to address them." Spending on defense procurement and research and development rose $2.7 billion between 2022 and 2024, it showed, to reach $10.5 billion among Southeast Asia's key nations of Indonesia, Malaysia, the Philippines, Singapore, Thailand and Vietnam. The spike comes even as the nations spent an average of 1.5% of GDP on defense in 2024, a figure that has kept relatively constant over the last decade. The study, released ahead of this weekend's annual Shangri-La Dialogue defense meeting in Singapore, said Asia-Pacific nations still rely on imports for most key weapons and equipment. Such items range from submarines and combat aircraft to drones, missiles and advanced electronics for surveillance and intelligence gathering. The informal Singapore gathering of global defense and military officials is expected to be dominated by uncertainties stemming from the protracted Ukraine conflict, Trump administration security policies and regional tension over Taiwan and the disputed busy waterway of the South China Sea. Saudi Arabia and the United Arab Emirates are increasingly active and making inroads, the study said, though European companies have a prominent and expanding regional presence, via technology transfer, joint ventures and licensed assembly deals. The UAE now operates a diversified network of collaborators, such as China's NORINCO weapons giant and rival India's Hindustan Aeronautics. Joint development operations are not always easy, the study said, offering lessons from India's two-decade collaboration with Russia to produce the BrahMos supersonic anti-ship missile. While the feared weapon is fielded by India, exports have been hampered by lack of a clear strategy, with deliveries to its first third-party customer, the Philippines, starting only in 2024, the study added. Closer Russia-China ties could further complicate the weapon's development, particularly if Moscow chooses to prioritize ties with Beijing to develop a hypersonic version of the missile. — Reuters
Business Recorder
4 days ago
- Business
- Business Recorder
Asia boosts weapons buys, military research as security outlook darkens
HONG KONG: Spending on weapons and research is spiking among some Asian countries as they respond to a darkening security outlook by broadening their outside industrial partnerships while trying to boost their own defence industries, a new study has found. The annual Asia-Pacific Regional Security Assessment released on Wednesday by the London-based International Institute for Strategic Studies (IISS) said outside industrial help remains vital even as regional nations ultimately aim for self-reliance. 'Recent conflicts in Ukraine and the Middle East, coupled with worsening U.S.-China strategic competition and deterioration of the Asia-Pacific security landscape, may lead to a rising tide of defence-industrial partnerships,' it read. 'Competitive security dynamics over simmering flashpoints … feed into the need to develop military capabilities to address them.' Spending on defence procurement and research and development rose $2.7 billion between 2022 and 2024, it showed, to reach $10.5 billion among Southeast Asia's key nations of Indonesia, Malaysia, the Philippines, Singapore, Thailand and Vietnam. The spike comes even as the nations spent an average of 1.5% of GDP on defence in 2024, a figure that has kept relatively constant over the last decade. The study, released ahead of this weekend's annual Shangri-La Dialogue defence meeting in Singapore, said Asia-Pacific nations still rely on imports for most key weapons and equipment. Pakistan, India drone battles mark new arms race in Asia Such items range from submarines and combat aircraft to drones, missiles and advanced electronics for surveillance and intelligence gathering. The informal Singapore gathering of global defence and military officials is expected to be dominated by uncertainties stemming from the protracted Ukraine conflict, Trump administration security policies and regional tension over Taiwan and the disputed busy waterway of the South China Sea. Saudi Arabia and the United Arab Emirates are increasingly active and making inroads, the study said, though European companies have a prominent and expanding regional presence, via technology transfer, joint ventures and licenced assembly deals. The UAE now operates a diversified network of collaborators, such as China's NORINCO weapons giant and rival India's Hindustan Aeronautics. Joint development operations are not always easy, the study said, offering lessons from India's two-decade collaboration with Russia to produce the BrahMos supersonic anti-ship missile. While the feared weapon is fielded by India, exports have been hampered by lack of a clear strategy, with deliveries to its first third-party customer, the Philippines, starting only in 2024, the study added. Closer Russia-China ties could further complicate the weapon's development, particularly if Moscow chooses to prioritise ties with Beijing to develop a hypersonic version of the missile.
The Star
4 days ago
- Business
- The Star
Asia boosts weapons buys, military research as security outlook darkens
An employee of Hindustan Aeronautics Ltd. walks inside a workshop of Jaguar fighter planes in Bangalore January 29, 2007. The UAE now operates a diversified network of collaborators, such as China's NORINCO weapons giant and rival India's Hindustan Aeronautics. - Reuters HONG KONG: Spending on weapons and research is spiking among some Asian countries as they respond to a darkening security outlook by broadening their outside industrial partnerships while trying to boost their own defence industries, a new study has found. The annual Asia-Pacific Regional Security Assessment released on Wednesday (May 28) by the London-based International Institute for Strategic Studies (IISS) said outside industrial help remains vital even as regional nations ultimately aim for self-reliance. "Recent conflicts in Ukraine and the Middle East, coupled with worsening US-China strategic competition and deterioration of the Asia-Pacific security landscape, may lead to a rising tide of defence-industrial partnerships," it read. "Competitive security dynamics over simmering flashpoints... feed into the need to develop military capabilities to address them." Spending on defence procurement and research and development rose US$2.7 billion between 2022 and 2024, it showed, to reach US$10.5 billion among South-East Asia's key nations of Indonesia, Malaysia, the Philippines, Singapore, Thailand and Vietnam. The spike comes even as the nations spent an average of 1.5 per cent of GDP on defence in 2024, a figure that has kept relatively constant over the last decade. The study, released ahead of this weekend's annual Shangri-La Dialogue defence meeting in Singapore, said Asia-Pacific nations still rely on imports for most key weapons and equipment. Such items range from submarines and combat aircraft to drones, missiles and advanced electronics for surveillance and intelligence gathering. The informal Singapore gathering of global defence and military officials is expected to be dominated by uncertainties stemming from the protracted Ukraine conflict, Trump administration security policies and regional tension over Taiwan and the disputed busy waterway of the South China Sea. Saudi Arabia and the United Arab Emirates are increasingly active and making inroads, the study said, though European companies have a prominent and expanding regional presence, via technology transfer, joint ventures and licenced assembly deals. The UAE now operates a diversified network of collaborators, such as China's NORINCO weapons giant and rival India's Hindustan Aeronautics. Joint development operations are not always easy, the study said, offering lessons from India's two-decade collaboration with Russia to produce the BrahMos supersonic anti-ship missile. While the feared weapon is fielded by India, exports have been hampered by lack of a clear strategy, with deliveries to its first third-party customer, the Philippines, starting only in 2024, the study added. Closer Russia-China ties could further complicate the weapon's development, particularly if Moscow chooses to prioritise ties with Beijing to develop a hypersonic version of the missile. - Reuters
Time of India
4 days ago
- Business
- Time of India
Asia boosts weapons buys, military research as security outlook darkens
Spending on weapons and research is spiking among some Asian countries as they respond to a darkening security outlook by broadening their outside industrial partnerships while trying to boost their own defence industries, a new study has found. The annual Asia-Pacific Regional Security Assessment released on Wednesday by the London-based International Institute for Strategic Studies (IISS) said outside industrial help remains vital even as regional nations ultimately aim for self-reliance. "Recent conflicts in Ukraine and the Middle East, coupled with worsening U.S.-China strategic competition and deterioration of the Asia-Pacific security landscape, may lead to a rising tide of defence-industrial partnerships," it read. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like New Container Houses India (Prices May Surprise You) Container House | Search ads Search Now Undo "Competitive security dynamics over simmering flashpoints ... feed into the need to develop military capabilities to address them." Spending on defence procurement and research and development rose $2.7 billion between 2022 and 2024, it showed, to reach $10.5 billion among Southeast Asia's key nations of Indonesia, Malaysia, the Philippines, Singapore, Thailand and Vietnam. Live Events The spike comes even as the nations spent an average of 1.5% of GDP on defence in 2024, a figure that has kept relatively constant over the last decade. The study, released ahead of this weekend's annual Shangri-La Dialogue defence meeting in Singapore, said Asia-Pacific nations still rely on imports for most key weapons and equipment. Such items range from submarines and combat aircraft to drones, missiles and advanced electronics for surveillance and intelligence gathering. The informal Singapore gathering of global defence and military officials is expected to be dominated by uncertainties stemming from the protracted Ukraine conflict, Trump administration security policies and regional tension over Taiwan and the disputed busy waterway of the South China Sea. Saudi Arabia and the United Arab Emirates are increasingly active and making inroads, the study said, though European companies have a prominent and expanding regional presence, via technology transfer, joint ventures and licenced assembly deals. The UAE now operates a diversified network of collaborators, such as China's NORINCO weapons giant and rival India's Hindustan Aeronautics . Joint development operations are not always easy, the study said, offering lessons from India's two-decade collaboration with Russia to produce the BrahMos supersonic anti-ship missile. While the feared weapon is fielded by India, exports have been hampered by lack of a clear strategy, with deliveries to its first third-party customer, the Philippines, starting only in 2024, the study added. Closer Russia-China ties could further complicate the weapon's development, particularly if Moscow chooses to prioritise ties with Beijing to develop a hypersonic version of the missile.
Japan Today
4 days ago
- Business
- Japan Today
Asia boosts weapons buys, military research as security outlook darkens
FILE PHOTO: A mock model of the FFM "Upgraded Mogami" class is displayed during the Defence Security Equipment International (DSEI) Japan at Makuhari Messe in Chiba, east of Tokyo, Japan May 21, 2025. REUTERS/Kim Kyung-Hoon/File Photo By Greg Torode and Jun Yuan Yong Spending on weapons and research is spiking among some Asian countries as they respond to a darkening security outlook by broadening their outside industrial partnerships while trying to boost their own defense industries, a new study has found. The annual Asia-Pacific Regional Security Assessment released on Wednesday by the London-based International Institute for Strategic Studies (IISS) said outside industrial help remains vital even as regional nations ultimately aim for self-reliance. "Recent conflicts in Ukraine and the Middle East, coupled with worsening U.S.-China strategic competition and deterioration of the Asia-Pacific security landscape, may lead to a rising tide of defense-industrial partnerships," it read. "Competitive security dynamics over simmering flashpoints ... feed into the need to develop military capabilities to address them." Spending on defense procurement and research and development rose $2.7 billion between 2022 and 2024, it showed, to reach $10.5 billion among Southeast Asia's key nations of Indonesia, Malaysia, the Philippines, Singapore, Thailand and Vietnam. The spike comes even as the nations spent an average of 1.5% of GDP on defense in 2024, a figure that has kept relatively constant over the last decade. The study, released ahead of this weekend's annual Shangri-La Dialogue defense meeting in Singapore, said Asia-Pacific nations still rely on imports for most key weapons and equipment. Such items range from submarines and combat aircraft to drones, missiles and advanced electronics for surveillance and intelligence gathering. The informal Singapore gathering of global defense and military officials is expected to be dominated by uncertainties stemming from the protracted Ukraine conflict, Trump administration security policies and regional tension over Taiwan and the disputed busy waterway of the South China Sea. Saudi Arabia and the United Arab Emirates are increasingly active and making inroads, the study said, though European companies have a prominent and expanding regional presence, via technology transfer, joint ventures and licenced assembly deals. The UAE now operates a diversified network of collaborators, such as China's NORINCO weapons giant and rival India's Hindustan Aeronautics. Joint development operations are not always easy, the study said, offering lessons from India's two-decade collaboration with Russia to produce the BrahMos supersonic anti-ship missile. While the feared weapon is fielded by India, exports have been hampered by lack of a clear strategy, with deliveries to its first third-party customer, the Philippines, starting only in 2024, the study added. Closer Russia-China ties could further complicate the weapon's development, particularly if Moscow chooses to prioritize ties with Beijing to develop a hypersonic version of the missile. © Thomson Reuters 2025.
