Indonesia
Business

Indonesia’s government debt ahead of 2019 presidential election: a real economic concern?

The increasing level of Indonesia’s government debt has become a hot topic ahead of the 2019 presidential election. The central government debt has increased by about 48% since President Joko “Jokowi” Widodo came to office in 2014, or almost double that of the previous administration. The opposition leader, Prabowo Subianto, who will once again challenge […]

Brexit and Europe
Business

UK must boost productivity and focus on international competitiveness to weather Brexit, says IMF

The UK must focus on enhancing its economy’s productivity and international competitiveness in order to weather the shock of Brexit, the International Monetary Fund has warned. In its latest country report published on Wednesday, the IMF reiterated that the British economy had faced challenges since June 2016’s referendum on EU membership, which triggered a sharp […]

Trade with Australia
Business

Australia tells UK to open tariff-free trade to world after Brexit: ‘It’s worked for us for 26 years’

Australia’s high commissioner to the UK has spoken out on the benefits of Britain leaving the customs union after its exit from the EU next year, saying that by negotiating unilateral trade agreements instead, the country would be able to retain control of its trade policy. Speaking to BBC radio, Alexander Downer said that Australia […]