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Economic Impact

Stay updated with the latest news and articles about Economic Impact.

Latest Articles

Japan’s Doctor Yellow Shinkansen test train charms amidst Sunflower sea

Japan ·

The Doctor Yellow, a rare and iconic sight on Japan’s railways, is famed for its diagnostic role in ensuring the smooth operation of Shinkansen services. Typically running once every 10 days, this particular test train has become a symbol of technological prowess and a popular attraction in its own right. As the Doctor Yellow zipped through the sunflower field, it sparked a flurry of activity among train aficionados who seized the moment to capture the spectacle, contributing to local tourism and economic activity.

By Ishita Agarwal
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Indonesian auto financing declines 15% in July amid slump in new car sales

Indonesia ·

The decrease in auto financing reflects broader economic trends impacting consumer confidence and spending. As new car sales falter, financing activities—which are often a key indicator of consumer sentiment and economic health—also show signs of distress. This trend suggests a tightening of household budgets and potentially decreased consumer willingness or ability to make large purchases, such as new vehicles.

By Ishita Agarwal
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DBS faces new challenges as Piyush Gupta’s era ends and Tan Su Shan prepares to lead

Singapore ·

Gupta's impact is evident in DBS’s performance metrics. Under his leadership, the bank’s stock price surged from approximately $12 in 2009 to around $34 today, outpacing local rivals and major financial indices. Despite facing occasional technological setbacks and regulatory issues, Gupta's approach to banking has been widely praised for enhancing DBS’s reputation and financial standing.

By Ishita Agarwal
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Activists call for KPK selection committee to remove controversial candidates amid governance concerns

Indonesia ·

The KPK, a cornerstone of Indonesia’s fight against corruption, is in the process of selecting new commissioners to lead its operations. Activists have raised alarms about several candidates, accusing them of having questionable backgrounds or potential conflicts of interest that could undermine the integrity of the commission. Their concerns highlight the critical role that transparent and effective anti-corruption institutions play in maintaining public trust and ensuring fair governance.

By Ishita Agarwal
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Japan’s food exports decline for first time in four years amid ongoing China trade tensions

Japan ·

The downturn is largely attributed to escalating trade tensions between Japan and China. The two nations, historically major trading partners, have been engaged in a series of disputes that have increasingly affected bilateral trade. China, Japan's largest food export destination, has imposed stricter regulations and tariffs on Japanese agricultural products, which has led to a noticeable reduction in exports.

By Ishita Agarwal