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Stay updated with the latest news and articles about domestic economy.

Latest Articles

Charting the future: strengthening Indonesia-Africa ties amid shifting geopolitical dynamics

Indonesia ·

The initiative reflects Indonesia’s broader strategy to diversify its international alliances and expand its economic engagements beyond traditional partners. As Africa emerges as a continent of growing strategic importance due to its natural resources, burgeoning markets, and geopolitical significance, Indonesia seeks to capitalize on these opportunities to bolster its global standing and economic prospects

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

Japan ·

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

By Ishita Agarwal
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Singdollar weakens as US approaches interest rate cut

Singapore ·

Recent developments in the US monetary policy suggest that the Federal Reserve is moving closer to reducing interest rates, a shift that could have significant implications for currency values worldwide. Analysts predict that this move will lead to a depreciation of the Singdollar as investors adjust their portfolios in response to the changing interest rate environment.

By Ishita Agarwal