Indonesia’s parliament has approved new rules that let police officers take jobs in government ministries. The change follows a similar update to the military law that last year opened more civilian posts for soldiers. The move is part of President Prabowo Subianto’s plan to use security force
Indonesia’s leaders are scrambling after the rupiah hit record lows and local stocks tanked faster than anywhere else last week. The finance team and central bank aren’t just watching—they’re rolling out a plan to stop the slide. On Saturday, officials laid out two big moves: make sure there’s enoug
Indonesia’s finance chief says investors are still confident, even as the currency and shares fall. He highlighted that government bonds attracted money in the first half of the year, showing steady demand for debt. The minister noted that during June’s early weeks, buyers poured funds into the n
India has stepped up its cooperation with Venezuela in the energy sector, seeing Caracas as a key partner while global oil flows are hit by tensions in the Middle East. During a visit that began on June 4, Venezuela’s interim President Delcy Rodriguez arrived in New Delhi with a sizable delegatio
India recently set aside 100 billion rupees, roughly one billion dollars, to ease the strain on airlines caused by soaring jet fuel prices. These sky-high costs partly stem from tensions in West Asia, which have disrupted oil supplies and pushed prices up worldwide. Airlines often feel this the most
India is testing fresh ways to pay for its massive ocean and water projects. A government company called Sagarmala wants to sell special bonds called ‘blue bonds’—the first of their kind in the country. These bonds work like regular loans but must be used only for clean-up efforts, port upgrades, sh
Indonesia has taken a firm stand against online prediction markets, specifically targeting Polymarket, which lets users bet on events like elections and sports using cryptocurrency. The government argues that these platforms operate like online gambling, which is illegal in the country. Instead of f
Bangladesh is currently facing one of its worst measles outbreaks in years, with serious consequences for children. So far this year, health officials have recorded at least 86 confirmed measles deaths among kids, along with another 426 cases where symptoms strongly suggest measles. These numbers co
India’s biggest car maker, Maruti Suzuki, is set to raise the price of its vehicles because the cost of making them has gone up. The price hike comes after a chain reaction that began in the Middle East, where fighting has made it harder for goods to move around the world and has pushed up fuel pric
Indian leaders are telling people to marry in their own country instead of traveling abroad. The reason is the cost of oil and gas that India imports from the Middle East. When tensions rise near the Strait of Hormuz, prices go up and the rupee weakens. A weaker rupee makes it harder for pe
