September and october 2026 · Kuala Lumpur · Vol. I
Industry · Power · Geoeconomics
The lead
LOWY INSTITUTE · JUNE 2026 · 4 minute read
ASEAN’s physical economy moment
For much of the past decade, Southeast Asia’s economic future has been described through the language of digital transformation: fintech platforms, e-commerce, artificial intelligence, electric vehicles, and fast-growing consumer markets. That story is not wrong. But it is incomplete.
Geoeconomics · Industrial Strategy · Critical Supply Chains
Economic power eventually has to become physical. Apoorba Banerjee writes about the industries, infrastructure and supply chains through which geopolitical competition takes shape. Her experience in industrial engineering and manufacturing informs an approach grounded in the realities of industrial capacity: what economies can build, maintain, move and scale. Her work focuses particularly on Southeast Asia and the Indo-Pacific.

01 / Writing
01
LOWY INSTITUTE · JULY 2026
A difference Australia will find critical: minerals are not the same as materials
Australia and ASEAN are racing to mine critical minerals – but few are yet fit for industrial use.
Modern Dipomacy
06 May 2026
The Iran war has made clear that Japan’s vulnerabilities do not end at the factory gate.
Geopolitical Monitor
07 May 2026
For Malaysia, Malacca is not merely a route through which the world’s ships pass. It is a strategic industrial spine linking energy security, manufacturing continuity, maritime governance and national economic resilience.
02/ Notes
Watching
Listening
On my desk
Working papers, an iPad, and 3 different chargers

03 / Speaking
MILOPS 2026 · KUALA LUMPUR · 3–6 AUGUST 2026
Apoorba Banerjee presented on the shift from supply-chain efficiency toward readiness, arguing for supplier diversity, multi-tier visibility and strategic buffers in an era of geopolitical disruption.
04 / Newsletter
Occasional field notes · Archive in progress
A letter for the long view.
Notes on geoeconomics, industry, and the slower work of institutional change. No cadence promised; no noise delivered.