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
Tariff dispute escalates: China and EU in conflict
BEIJING/BRUSSELS – Amidst growing tensions between the European Union and China over the imposition of tariffs on Chinese electric cars, Beijing has now responded with a countermeasure. Starting from October 11, importers of brandy from the EU must deposit “security … Continue reading Tariff dispute escalates: China and EU in conflict
Indian Stock Market Turbulence: Global Uncertainty
NEW DELHI – As the world’s eyes turn to the escalating tensions in the Middle East, the ripple effects are felt across the globe, with financial markets bearing the brunt of the uncertainty. The Indian equity indices, BSE Sensex and … Continue reading Indian Stock Market Turbulence: Global Uncertainty
Japan’s New PM: Shigeru Ishiba’s Vision for Change
TOKYO – As Shigeru Ishiba ascends to become Japan’s Prime Minister on October 1, the world watches with great interest. His victory marks a significant shift from the established economic policies of his predecessors, promising a new direction for Japan’s … Continue reading Japan’s New PM: Shigeru Ishiba’s Vision for Change