World

Southeast Asia's Streaming Market Sees Rapid Expansion

Southeast Asia's streaming market is expanding rapidly, driven by increasing disposable incomes and a rising demand for diverse entertainment options. This growth presents significant opportunities for streaming services aiming to enhance their market presence in the region.

Modi government fails to pass Women's Reservation Bill

The Modi government faced a setback as the Women's Reservation Bill was defeated in the Lok Sabha, failing to secure the necessary two-thirds majority. CPI(M) leader Brinda Karat criticized the government for linking women's reservation to electoral boundary delimitation, arguing that this linkage obstructed the implementation of a one-third quota for women in legislative bodies. She noted that had the bill been passed, there would have been 180 women MPs in the Lok Sabha today, highlighting the decline in women's representation since 2019.

Japan Revises Arms Export Rules for 17 Nations

Japan has revised its arms export rules, allowing the sale of weapons to 17 countries, including the US and UK, marking a significant shift from its post-World War II pacifism. The changes, approved by Prime Minister Sanae Takaichi's government, lift previous restrictions that limited exports to non-combat categories and permit exceptions for countries involved in conflict under certain conditions. This policy adjustment comes amid heightened regional tensions and Japan's participation in military exercises with the US and Philippines.

ASEAN Reviews Rules of Origin to Boost Intra-Regional Trade

ASEAN is reviewing its Rules of Origin under the ASEAN Trade in Goods Agreement (ATIGA) to address structural issues that have resulted in intra-ASEAN trade accounting for only 20 to 30 percent of total trade, significantly lower than the 55 to 60 percent seen in the European Union. This reassessment aims to adapt to changing geopolitical risks and enhance the region's industrial strategy.