Category : Search result: Indonesian economy


Bali Deports Tourists in Major Visa Rule Crackdown

Indonesia is enforcing strict new visa regulations in Bali, targeting tourists on social visas for long-term stays. Authorities are conducting raids and deporting violators, signalling a major shift in the island's famous 'digital nomad' culture.

Prabowo Decree Expands Indonesian Military's Civilian Role

Indonesian President Prabowo Subianto signs a decree granting the military a greater role in civilian affairs, raising fears of a return to a militarised government and drawing sharp criticism from human rights groups.

UK's Ticking Time Bomb: The Surge in Precarious Temp Work

Exclusive analysis reveals a hidden crisis in the UK labour market. A record shift towards temporary employment is creating a precarious workforce, threatening economic stability and worker rights. Discover the data behind the rise of the 'temp nation'.

New Zealand Enters Recession as GDP Contracts Again

New Zealand's economy has officially entered a recession, with GDP contracting 0.1% in the last quarter of 2023. High interest rates and inflation are blamed for the downturn, marking a challenging start for the new coalition government.

UK-India trade deal defies sceptics

The UK and India have finalised a groundbreaking trade agreement, overcoming years of scepticism and political hurdles to strengthen economic ties.

UK house prices fall for first time in 6 months

Average UK house prices dropped by £4,000 in March, marking the first decline since September 2023. Experts warn of continued volatility as mortgage rates and inflation impact the property market.

Inflation shock: UK prices rise to 3.6%

UK inflation unexpectedly climbs to 3.6%, dealing a blow to Chancellor Rachel Reeves and economists who predicted a slowdown. The surprise rise delays hopes for interest rate cuts and sparks fresh economic concerns.

Expert warns of new boom and bust cycle risk

Renowned financial expert Alex Brummer highlights the dangers of irresponsible fiscal strategies that may lead to economic instability, echoing past financial crises.

France considers scrapping bank holidays

French politician François Bayrou proposes eliminating public holidays to improve productivity, sparking debate on work-life balance and economic growth.

Dimon defends Powell amid Trump criticism

JP Morgan CEO Jamie Dimon has publicly supported Federal Reserve Chair Jerome Powell following criticism from Donald Trump. Discover the implications for the banking sector and global markets.

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