Countries in Southeast Asia are taking unusual measures to prepare for a possible oil shock caused by the conflict between the USA, Israel, and Iran. From four-day work weeks and working from home to increasing fuel subsidies and carpooling, these are some of the measures being considered by governments to reduce energy consumption and protect economies heavily dependent on Middle Eastern oil, according to an analysis by the Financial Times.
Philippine government officials should “limit official travel to only essential functions, as part of energy conservation efforts amid the Middle East crisis,” the presidential office announced Tuesday, just a few days after it ordered many offices to implement a four-day work week.
The Thai government has asked staff in most government agencies to work from home, while Vietnam has asked companies to encourage remote work and the public to prioritize carpooling or cycling. Indonesia has pledged to increase spending on fuel subsidies.
Details, HERE
