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Search Result for “Indonesia economy”

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OPINION

Long hours won't help India grow

News, Mihir Sharma, Published on 06/11/2023

» Do Indians not work enough? According to one of the co-founders of the Indian software giant Infosys Ltd, we don't. The billionaire Narayana Murthy said last week that young Indians in particular were picking up "undesirable habits" from the lazy West and thereby holding back India's productivity and its growth. "My request," he said, "is that our youngsters must say, 'This is my country, I want to work 70 hours a week.'"

OPINION

In the Trump era, Asia must unite

News, Mihir Sharma, Published on 24/01/2017

» Every new occupant of the White House has his -- still, unfortunately, "his" -- way of looking at the world. America's allies, friends and rivals have always adjusted to these shifts in worldview. But so far they've been relatively straightforward. Some presidents have sought to extend democratic values, others to fight grand strategic battles. The last swore not to "do stupid stuff". Adjusting to President Donald Trump won't be that easy.

OPINION

India starts to abandon cash, maybe a bit too fast

News, Mihir Sharma, Published on 10/11/2016

» It certainly took everyone in India by surprise. But then, Prime Minister Narendra Modi has a flair for the dramatic. In an unexpected prime time address on Tuesday, he announced that in a few hours, millions of high-denomination currency notes would no longer be legal tender. It was the only way, he insisted, to deal with "the disease" of unaccounted-for income -- or "black money", as it's called in India. "Your money will remain yours," he assured a stunned citizenry -- as long as you get around to depositing it in post offices sometime over the next several weeks.