ECONOMY

German-Indian Rapprochement: New Perspectives in New Delhi

NEW DELHI – Berlin and New Delhi are aiming to deepen their trade relations – a venture that was reaffirmed at the recent meeting between Chancellor Olaf Scholz and Prime Minister Narendra Modi in India’s capital, New Delhi. Despite the … Continue reading German-Indian Rapprochement: New Perspectives in New Delhi

Vietnam: Upskilling Labor for a High-Value Economy

HANOI – In a decisive pivot towards economic modernization, Vietnam stands at a pivotal juncture with its burgeoning relationship with global technology giants. The Southeast Asian nation, traditionally an agrarian economy, is now orchestrating a strategic overhaul aimed at transitioning … Continue reading Vietnam: Upskilling Labor for a High-Value Economy

Indonesia’s Middle Class: Economic Challenges

JAKARTA – Recent data from Indonesia’s Central Statistics Agency (BPS) has highlighted a significant contraction in the country’s middle class, with an estimated 9.5 million people falling out of this socioeconomic bracket since 2019. This decline is attributed to a … Continue reading Indonesia’s Middle Class: Economic Challenges

ASEAN-Japan Summit 2024: Strengthening Ties

VIENTIANE – In a significant move to enhance regional cooperation, the 27th ASEAN-Japan Summit, held on October 10th, in Vientiane, marked a milestone in diplomatic relations between Japan and the Southeast Asian nations. Prime Minister Ishiba Shigeru of Japan, in … Continue reading ASEAN-Japan Summit 2024: Strengthening Ties