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Indonesia’s local airfares soar due to transit flights
The Transportation Ministry has pointed to transit flights as a major reason behind persisting high prices for domestic flights, despite the government’s fare discount stimulus ahead of this year’s concurrent […]
ART ratification delayed as Washington opens probe
Ratifying the Agreement on Reciprocal Trade (ART) with the United States is not on the near-term agenda, a government spokesman says, as Indonesia is prioritising countering the new Section 301 […]
Tencent to double AI spending after 13% growth
Tencent Holdings Ltd plans to at least double investments in artificial intelligence (AI) to more than 36 billion yuan in 2026, underscoring a big bet on OpenClaw-style agents to seize […]
Digital asset market attracts major players
Vietnam’s first digital asset market is witnessing an unprecedented influx of large-scale financial alliances, as leading corporations and financial ecosystems position themselves for a foothold in what is shaping up […]
Value-accretive landbank can spur IOIPG’s profit
IOI Properties Group Bhd’s (IOIPG) current active land-monetisation exercise is seen as a positive catalyst for the group to unlock the value of its landbank and provide meaningful earnings visibility […]
Paramount’s latest land acquisition a positive
Analysts are mostly constructive about Paramount Corp Bhd’s latest acquisition of a strategic freehold landbank in Jalan Ampang, Kuala Lumpur given its close proximity to the group’s previously successful property […]
Lynas’ first batch of samarium ups rare earth clout
Lynas Rare Earths Ltd has started producing samarium – a metal used across advanced industries – at its plant in Malaysia, bolstering the company’s standing as an alternative to China […]
Philippine wealth fund favours physical assets
The Philippines’ sovereign wealth fund says investing in physical assets like metals makes increasing sense against the backdrop of a war in Iran that’s playing havoc with the nation’s fuel […]
Australia’s northeast braces for severe tropical cyclone Narelle
SYDNEY, March 20 (Reuters) – A severe tropical cyclone neared Australia’s northeast coast on Friday as residents braced for destructive winds, heavy rain, flash floods and power outages, while authorities […]
Umberto Bossi, firebrand founder of Italy’s Northern League party, dies at 84
ROME, March 19 (Reuters) – Umberto Bossi, a gravel-voiced populist leader who pushed for independence for northern Italy and shook up national politics, died on Thursday at a hospital in […]