Global participants gather in Chongqing for 5th CMG Forum news.cgtn.com Source link
Author: Isla
Swedish company Alleima will supply special steel tubing for a huge offshore gas project in Indonesia, located up to 2,000 metres below the sea surface off East Kalimantan. Photo: Eni Deep under the sea off Indonesia, a huge energy project is taking shape, and a Swedish company has landed a major role in making it possible. Alleima has won a contract worth around SEK 995 million (about $105 million) to supply special tubing for a large offshore gas development in Indonesia, Splash247 reports. The project is called the Kutei North Hub. It sits about 50 km offshore in deep waters off…
Baba Food Processing confirms no encumbrance on promoter shares in FY26 scanx.trade Source link
Recyclable textiles over streetlights form an urban canopy Located at Bangkok City Hall Square in the Phra Nakhon district, High Line Bangkok is a temporary public installation by HAS Design and Research that reconsiders the role of urban infrastructure within the public realm. Developed by architects Jenchieh Hung and Kulthida Songkittipakdee, the project uses existing streetlight poles as its primary structural framework, transforming them into a shaded civic space that supports gathering, circulation, and public occupation. The intervention addresses a common condition within Thailand’s urban environment, where millions of streetlights serve functional purposes but rarely contribute to broader social or spatial activity.…
June 12 (Reuters) – India is preparing for a wider-than-expected budget deficit this year, Bloomberg News reported on Friday, citing an official familiar with the matter, as the war in Iran drives up energy subsidy costs and adds pressure on government finances. Reuters could not immediately verify the report and has sought comment from India’s finance ministry. Authorities are willing to let the deficit widen by as much as half a percentage point to 4.8% of gross domestic product compared with the 4.3% goal set in February, the report said. (Reporting by Chandini Monnappa in Bengaluru; Editing by Harikrishnan Nair)…
Hong Kong’s catering industry is aiming for 6 to 8 per cent business growth during this year’s Fifa World Cup, with the sector exploring creative ways to attract customers and keep fans from travelling to mainland China despite time differences.Edward Leung Hei, chairman of the Hong Kong Feast and Retreat Association, said on Friday that measures included offering discounts on snacks and drinks, broadcasting match replays during happy hours, hosting lucky draws to boost the atmosphere and even providing free minibar services at hotels.The global tournament kicked off on Thursday, with the final scheduled for July 20, Hong Kong time.Leung…
Jun 12, 2026 A recent bonus announcement by a Dubai government-owned airline has sparked discussion about its potential to influence corporate tax practices in the UAE. According to an analysis published by The National, this move by one of the country’s largest companies could establish a benchmark for what is considered reasonable compensation under the corporate tax framework introduced in 2023.The bonus, valued at nearly half of an employee’s annual salary, may become the standard for what companies can pay while staying within acceptable tax-deductible limits. However, several unresolved questions could weaken its impact.One question is whether only large entities…
A New Zealand startup transforming rejected kiwifruit into a plant-based leather alternative has entered talks with BMW, Rolls Royce and Volkswagen, with 80 other brands now seeking to work with it.Materially Kiwi, founded by Shelley Houston, uses kiwifruit rejected by the export industry — fruit deemed too damaged or imperfect to sell — and processes it into a flexible, durable material suitable for handbags, car interiors, clothing and even conveyor belts.The company said 80 national and international brands are now seeking to work with it and discussions are ongoing with BMW and Volkswagen about using the material for vehicle interiors.”We…
NANNING – Seven people were killed and 17 others injured in an explosion in Xing’an county, South China’s Guangxi Zhuang autonomous region, in the early morning of Thursday, according to local authorities.As of 6 pm Thursday, seven of the injured were receiving treatment in Xing’an county, showing stable vital signs. The other 10 had been transferred to the city of Guilin in Guangxi, including five seriously injured and five slightly injured people, all in stable condition after treatment.ALSO READ: Legal violations found after North China coal mine blast kills 82More than 300 personnel in over 50 working groups have been…
Raipur: A major fire broke out at an automobile spare parts establishment on Raipur’s busy MG Road on Thursday, sending thick plumes of smoke across the commercial hub and triggering a massive firefighting operation that continued for hours.The blaze erupted at a multi-storey building located in Moudhapara area. Fire officials said the flames quickly spread to the second and third floors, fuelled by a large stock of vehicle spare parts, tyres, tubes, plastic materials and lubricants stored inside the premises. The fire led to panic across the MG Road-Jaistambh Chowk commercial belt, with authorities barricading the area, diverting traffic and…