HANOI: The World Bank has elevated Vietnam and the Philippines to upper-middle income status after years of brisk of economic expansion, potentially bolstering investor confidence in the two nations.
Taal Volcano Eruption in Philippines Hurls 1,476-Foot Plume and Triggers Crater Tsunami Waves (Video)
Footage captured a July 30 phreatomagmatic eruption at the Taal Volcano in the Philippines, launching ash 1,476 feet into the air and creating minor tsunami waves.
What an upper-middle-income status means for the Philippines
MANILA, Philippines — The Philippines has officially attained upper-middle-income status under the World Bank’s latest income classification, reflecting sustained growth in recent years. Economists, ...
After CPEC in Pakistan, China turns to Bangladesh for a Bay of Bengal route: Why India should pay attention
China is pushing a new economic corridor through Bangladesh and Myanmar after CPEC, aiming for greater access to the Bay of Bengal. The proposal has raised strategic concerns for India.
Rebels in Indonesia’s Papua kill American pilot, burn plane, spokesperson says
JAKARTA, July 2 (Reuters) - Rebels in Indonesia's restive easternmost region of Papua on Thursday shot dead an American pilot and set a civilian plane on fire in what a spokesperson for a local ...
Indonesia Sentences Gojek Founder to 10 Years in Prison in Controversial Graft Case
An Indonesian court on Tuesday ruled that Nadiem Makarim, co-founder of tech firm Gojek and a former education minister, was guilty in a corruption case and sentenced him to 10 years in prison.
Indonesia’s blackouts reignite debate over coal-dependent energy transition
Calls are mounting for Indonesia to accelerate its energy transition after widespread blackouts struck Java and Sumatra in recent weeks, exposing what analysts say are deep vulnerabilities in a power ...
Indonesia posts first trade deficit in 6 years
The $2 billion deficit in May was mainly due to the large deficit in oil and gas trade. Read more at straitstimes.com. Read more at straitstimes.com.
Indonesia’s 50% biodiesel blending rate takes effect
JAKARTA, July 1 (Reuters) - Indonesia's new 50% biodiesel blending mandate took effect on Wednesday, requiring a fuel blend of half palm-based diesel and conventional diesel known as B50, even as ...
India asks WhatsApp to pause username feature rollout over fraud concerns
WhatsApp says the feature is not yet live and that it has built in safeguards against potential scams and impersonation.