Seoul is making a strategic push to become Asia's premier financial hub, aiming to rival Hong Kong and Singapore. The Seoul Metropolitan Government plans to invest $204.4 million over five years to attract foreign firms with incentives like employment subsidies and rental support. Seoul Mayor Oh Se-hoon has set ambitious goals to increase foreign direct investment and attract foreign financial institutions. Despite challenges such as rigid labor markets and high taxes, Seoul's strengths in innovation and fintech are seen as key advantages. However, some experts remain skeptical of Seoul's ability to compete with established financial centers like Hong Kong.

Southeast Asian countries, including Malaysia, Indonesia, and the Philippines, are pushing back against becoming dumping grounds for international waste, particularly plastic. The influx of waste increased after China banned the import of recyclable plastics. Illegal recycling factories in Malaysia, which often lack proper certifications, are causing environmental and health issues, such as air pollution leading to asthma and bronchitis. Local activists and residents are concerned about the health impacts and the presence of gangsters running these illegal operations. Efforts to combat the issue include returning waste to the countries of origin and promoting circular economy practices. Vincent Uh, a factory manager in Malaysia, has become a whistleblower, despite facing threats and violence. The article highlights the need for countries to manage their own waste and stop exporting it to Southeast Asia.

The article discusses South Korea's shift in military strategy, focusing on the development of its own weapons to reduce reliance on American military equipment. South Korea is increasing its military budget to support this new direction, which is causing concern in North Korea. The move represents a significant change in the region's military dynamics and reflects South Korea's efforts to become a major player in the global arms industry.