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energy-crisis

Markets 3 years ago

Asian shares head for worst month since pandemic started

Asian shares on Friday were headed for their worst month since the onset of COVID-19, while jitters in currency and bond markets persisted over hawkish talk from central banks, worries about a global recession and rising geopolitical risk.

Academia 3 years ago

PREMIUM
Curbing fuel subsidies is only the first step out of energy crisis

The government needs to establish a clear road map to gradually phase out fossil fuel subsidies and should communicate the benefits clearly.

Americas 3 years ago

PREMIUM
Jokowi to skip UNGA again this year

President Joko “Jokowi” Widodo’s absence at the United Nations General Assembly speculated to be caused by economic and political instability, will result in diplomatic losses, experts have said.

Academia 3 years ago

PREMIUM
Gaining new business perspective amid fuel price hike

The consumer price index in Indonesia has begun to increase significantly since the second quarter to the disruptions in energy and food supplies, especially after the Russian invasion of Ukraine.

Economy 3 years ago

PREMIUM
UK cost-of-living crisis worsens as energy price cap nearly doubles

Worse is expected to come in January, when Ofgem next updates its cap, with average bills predicted to top £5,000 -- or more.

Markets 3 years ago

PREMIUM
Pertamina raises non-subsidized Pertamax fuel prices

Indonesia has chosen to carefully adjust to the global trend of rising fuel prices as it shields its economy from uncontrolled inflation.

Business 4 years ago

PREMIUM
Pandemic hits investment in electricity infrastructure

The pandemic has slowed down investment in the electricity sector, with government-set targets missed by wide margins in several segments.

Business 4 years ago

Oil prices surge, stocks slump

Oil prices surged on Monday as OPEC+ kept to its plan to not boost output further, while US and European stocks slumped amid worries over inflation and higher interest rates.