Henry Wibowo, co-founder of Alphagate Capital and former Indonesia strategist at J.P. Morgan, said the recent sell-off reflected several factors, including rising concern over possible further pressure on Indonesia’s credit rating amid a wider budget deficit and higher oil prices. State intervention worries investors Another major factor weighing on confidence is the perception that Prabowo’s economic policy is becoming more interventionist and state-led. Since taking office, he has expanded the role of the state in several strategic industries, including natural resources, mining, palm oil and the national wealth fund Danantara. The government has moved to take control of, or co-manage,…
Author: Isla
Malaysia’s prosecutors have closed a criminal intimidation probe involving former anti-corruption chief Azam Baki, saying a complaint by businessman Albert Tei did not “meet the legal threshold” for further action.The decision comes against the backdrop of Prime Minister Anwar Ibrahim’s government facing pressure over prosecutorial independence. Anwar had campaigned on a reformist, anti-corruption platform that has since been tested by high-profile dropped cases and delayed institutional reforms.In a statement on Wednesday, the Attorney-General’s Chambers (AGC) said it had reviewed an investigation paper submitted by police over Tei’s complaint against Azam under Section 506 of the Penal Code, which covers criminal…
Carbon dioxide can be used to photo-oxidise alkenes into a variety of useful organic molecules under mild conditions, researchers in Germany and elsewhere have shown. The reaction, which requires only an iron-based catalyst, could potentially replace existing processes requiring extreme conditions or toxic reagents. Oxidation reactions account for around 30% of the chemical industry’s total output and the oxidative cleavage of the carbon–carbon double bond in alkenes is especially valuable. Ozonolysis is commonly used, but ozone’s toxicity and explosive nature present serious safety concerns. Other mechanisms usually require hazardous reagents or conditions or generate toxic byproducts. Even molecular oxygen is…
Tourists planning a trip to Dubai can get their single-entry tourist visa approved within 48 hours. Valid for 30 to 60 days, tourist visas are available to those who apply through authorised tourism offices, according to the General Directorate of Identity and Foreigners Affairs – Dubai (GDRFA).The government authority announced the 48-hour processing time on its Instagram account. The GDRFA website also highlights visa applications via the agency’s digital channels with a 48-hour approval time.While 70 nationalities (including Indians living in certain countries) are eligible for visas on arrival, others can apply for a single-entry tourist visa before entering the…
Authorities in Hong Kong have charged seven people and two companies with offenses including manslaughter and conspiracy over the city’s deadliest fire in decades last November, as reported by NBC News.The fire took seven apartment buildings and killed 168 people on November 26th, 2025. Authorities said police and the Independent Commission Against Corruption charged the suspects with 25 counts. Money laundering, attempting to pervert the course of public justice and tax evasion were also among the allegations.The seven people played different roles in the major renovation project of Wang Fuk Court. The two companies charged are the project consultancy firm…
Prepare to renegotiate your bedtimeThe World Cup 2026 might be unfolding thousands of kilometres away, but fans in the UAE won’t miss a single kick. The only question is how much sleep you’ll lose over the next few weeks. From late-night group stage clashes to early-morning knockouts, here’s every match kick-off time in UAE time so you can plan your nights accordingly.*Your guide to watching the World Cup in Dubai**Top spots to watch the World Cup in Abu Dhabi*Here’s everything you need to know.Group stageGroup AMexicoSouth AfricaKorea RepublicCzechiaGroup BCanadaBosnia and HerzegovinaQatarSwitzerlandGroup CBrazilMoroccoHaitiScotlandGroup DUSAParaguayAustraliaTürkiyeGroup EGermanyCuracaoCôte d’IvoireEcuadorGroup FNetherlandsJapanSwedenTunisiaGroup GBelgiumEgyptIR IranNew ZealandGroup HSpainCabo…
The conclusion of a free trade agreement between the European Union and India carries significance well beyond the relevant economic benefits it could bring to both sides. For India, this is the most significant market-opening agreement since economic liberalization reforms began in 1991. The deal also marks the EU’s first comprehensive FTA with a fast-growing lower-income economy that is also a political leader in the Global South. More broadly, Brussels has concluded ambitious FTAs with almost all countries in the Americas and the Indo-Pacific, including four members of the BRICS and the G20 — Brazil, India, Indonesia and South Africa.…
Tempus AI Inc (NASDAQ:TEM) is one of the 12 Best Mid-Cap AI Stocks to Buy According to Analysts. On May 29, Tempus AI Inc (NASDAQ:TEM) announced that it had received FDA approval for a tumor-only indication for its xT CDx sequencing platform. This makes the company the only laboratory to have both tumor-only and tumor-normal comprehensive genomic profiling approvals. This also builds on the company’s solid foundation in leveraging artificial intelligence. The firm sits on over 500 petabytes of data from over 45 million patients. Tempus AI Inc (NASDAQ:TEM) is one of the 12 Best Mid-Cap AI Stocks to Buy…
Google Cloud users in parts of India are experiencing slower network performance after a fire at a third-party data centre facility in Delhi triggered an emergency shutdown of networking equipment. According to an update on Google’s status page, network traffic originating from Delhi, Mumbai, Chennai and nearby regions has been facing intermittent periods of elevated latency and possible packet loss since this morning. The company said the incident affected a local Point of Presence (POP) in Delhi, reducing available network capacity in the area. As stated on the status page, Google has rerouted traffic to other facilities and is working…
SKÅL International Bangkok celebrated its 70-year legacy in the city with a monthly lunch and Annual General Meeting at Chatrium Residence Sathon Bangkok, bringing together hospitality leaders, tourism professionals and friends for an afternoon of fellowship, community support and renewed leadership. The gathering reflected the club’s long-standing spirit of “Doing Business Among Friends,” while extending that friendship beyond the dining room. During the lunch, SKÅL Bangkok shared donations with three local charities: Bangkok Community Help Foundation, the Good Shepherd Sisters and Helmet Heroes Thailand. The occasion carried added meaning as the club marked 70 years in Bangkok. Across seven decades,…