Local Economy

Latest news and articles about Local Economy from NEX English

Indonesia Continues Importing Trucks from India to Support Cooperatives

Indonesian Minister of Cooperatives, Ferry Juliantono, announced that trucks and pickups imported from India will remain dedicated to local cooperatives. This decision aims to enhance transportation efficiency in rural areas.

Iranian War Threatens Foreign Currency Supplies for South Asia

The Iranian war poses a significant threat to foreign currency supplies for emerging countries in South Asia, as workers in the Gulf send millions of dollars back home to India, Pakistan, and Bangladesh. This situation could severely impact local economies reliant on these remittances.