Latest Articles by Ishita Agarwal

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Japan’s national debt surpasses ¥1,300 trillion mark for first time

The Bank of Japan (BOJ) is adjusting its monetary policy in response to these fiscal pressures. The central bank has embarked on an interest rate hike cycle and plans to reduce its purchasing of government bonds, part of its extensive monetary stimulus program initiated over the past decade. This shift is aimed at achieving a 2 percent inflation target but is expected to lead to higher borrowing costs for households and businesses, as well as increased debt-servicing expenses for the government

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Typhoon Maria set to strike Tohoku region on Monday: Japan Meteorological Agency warns of heavy rainfall

Typhoon Maria, which has been intensifying over the Pacific Ocean, is projected to make landfall in the Tohoku region—an area known for its mountainous terrain and susceptibility to extreme weather conditions. As the typhoon advances, JMA predicts that the region will experience intense rainfall, potentially leading to flooding, landslides, and infrastructure damage. The heavy downpours are expected to begin affecting the area on Sunday night, with the worst conditions anticipated on Monday

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Bon holidays commence amidst Nankai trough megaquake advisory: tourism and safety measures in focus

At JR Tokyo Station, the Tokaido Shinkansen platforms were bustling with families and young people embarking on their journeys. Among them was a 21-year-old university student from Matsudo, Chiba Prefecture, traveling to Osaka. "My hometown is near the sea. I don’t know the evacuation sites and routes, so I want to look those up," he noted, reflecting a broader sense of caution among travelers.

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Japan issues megaquake alert: tourism and supplies hit hard

The JMA's new alert, issued in response to a recent powerful earthquake off Miyazaki Prefecture, marks the first time such an advisory has been issued. This precautionary measure has had immediate and far-reaching impacts on Japan’s tourism sector. In Kotohira, Kagawa Prefecture, home to the renowned Kotohira-gu shrine, the Kotohira Hot Springs Kotosankaku inn has seen around 50 room cancellations for the period of August 10 to 17. The inn’s sales manager expressed disappointment, noting a surge in bookings earlier this year

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Textile sector of Indonesia employment declines 7.5% in early August, reports ministry

The textile sector, a key contributor to Indonesia’s manufacturing base, has seen job reductions that reflect broader issues within the industry. Companies are reportedly scaling back operations due to reduced order volumes and higher operational expenses, leading to layoffs and decreased hiring. This trend not only impacts workers directly but also has a ripple effect on related industries and local economies that depend on textile production

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Indonesia faces skilled worker drain as talent flocks to foreign oil and gas projects

According to recent reports, the growing allure of higher salaries and better working conditions offered by international oil and gas companies has led to a noticeable exodus of Indonesia’s skilled workforce. The situation is particularly concerning as these sectors play a crucial role in the nation’s economy, which heavily relies on energy production and infrastructure development.

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Indonesia urged to enhance quaternary education to keep pace with technological advancements

Recent developments in technology, including advancements in artificial intelligence, data analytics, and digital transformation, underscore the importance of aligning educational frameworks with industry needs. Experts argue that Indonesia’s current educational infrastructure must evolve to better support these technological shifts, ensuring that graduates are not only knowledgeable but also adept in practical applications of cutting-edge technologies

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Shinkansen Operations suspended between Tokyo and Shizuoka following strong earthquake

The magnitude-5.3 earthquake, which had its epicenter in western Kanagawa Prefecture, caused significant tremors throughout the Kanto region, including Tokyo. The earthquake's intensity reached lower 5 on the Japanese seismic scale of 7 in western Kanagawa, prompting immediate safety checks on the Shinkansen lines. The decision to halt operations was made to ensure the safety of passengers and to assess potential damage to the rail infrastructure.

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