Latest Articles by Ishita Agarwal

blank

Bank of Japan Governor vows vigilance amid market turmoil, hints at future rate hikes

Ueda's comments were delivered during a session of the Diet, which is currently out of session, to clarify the BOJ’s response to recent market fluctuations. The policy adjustment led to heightened volatility in both the stock and currency markets, with the Nikkei Stock Average witnessing its largest-ever single-day drop, followed by a notable recovery. Concurrently, the yen experienced fluctuations, briefly strengthening to the ¥141 range against the dollar before stabilizing.

blank

Singapore and Japan forge partnership on carbon capture and storage technology

The bilateral accord, signed during a high-level meeting in Singapore, outlines a framework for joint research, development, and deployment of cutting-edge CCS technologies. This partnership aims to enhance both countries’ capabilities in capturing carbon dioxide emissions from industrial processes and securely storing them to mitigate environmental impact. The collaboration also includes sharing best practices, technical expertise, and investment in innovative solutions to advance CCS infrastructure.

blank

Singapore dollar surges 3% against US dollar, crosses 1.30 mark

The currency's rally also reflects broader global financial dynamics. As central banks around the world, including the US Federal Reserve, adjust their policies in response to inflationary pressures and economic uncertainty, currencies like the Singapore dollar have benefited from shifts in capital flows and changes in interest rates.

blank

Australia greenlights $13.5 billion solar power export project to Singapore

The project, set to be one of the largest of its kind globally, will involve the construction of vast solar farms in Australia’s Northern Territory and an undersea cable stretching approximately 4,200 kilometers to Singapore. This infrastructure will enable the transfer of clean energy from Australia’s sun-rich regions to Singapore, where energy demands have been increasing steadily.

blank

Prabowo pledges ‘Compromise and Collaboration’ with Papua New Guinea

During his visit, Prabowo and Papua New Guinea's officials discussed a range of issues, including joint security initiatives, trade agreements, and collaborative environmental projects. The emphasis on compromise highlights Indonesia’s intention to address mutual concerns and build a more robust framework for future engagement.

blank

Minister proposes Rp 26 trillion budget for Nusantara infrastructure maintenance

The proposed allocation is aimed at addressing the ongoing and future maintenance needs of Nusantara’s infrastructure, including roads, bridges, and public utilities, as the city undergoes its transformation from a construction site to a fully operational capital. The funding is intended to support long-term upkeep and development, ensuring that the city meets its operational and environmental standards once it is fully established.

blank

Jokowi increases bonuses for KPU officials ahead of regional head elections

The bonus increase is seen as a strategic move to motivate KPU officials and enhance their performance during what is expected to be a complex and high-stakes election cycle. By bolstering financial incentives, Jokowi aims to ensure that the commission, responsible for overseeing the integrity and administration of elections, is well-equipped and committed to managing the process effectively.

blank

Japan sets record for foreign visitors for second consecutive month amid yen weakness

The remarkable increase in visitor numbers was notably influenced by school holidays in East Asia and Europe, which contributed to a notable rise in arrivals from these regions. The influx of tourists comes as Japan continues to recover from the pandemic's impact on global travel. As of July, Japan has seen over 21 million visitors this year, placing it on track to exceed the pre-pandemic annual record of 31.9 million set in 2019.

blank

Yukio Edano declares candidacy for CDPJ leadership, promises to address wage stagnation

In a statement delivered at a press conference in the Diet, Edano emphasized his motivation for running as a drive to move beyond entrenched political practices. “I decided to run because it is time to end the old politics and usher in a new era,” Edano declared. His remarks signal a clear intent to distance himself from previous administrations and establish a new direction for the CDPJ.

Showing 280 of 482 articles