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India
Union Minister Ashwini Vaishnaw announces India's major push for 'trusted, self-reliant' electronics, confirming the development of indigenous chipsets for CCTV cameras under the DLI scheme. India is developing indigenous chipsets for close-circuit (CCTV) cameras amongst other integral applications as part of its broader push towards trusted, self-reliant electronics manufacturing, said Union Minister for Electronics and Information Technology Ashwini Vaishnaw on Saturday.....
Reliance Intelligence will own 70 per cent and Facebook 30 per cent in the new AI venture, with both firms together investing about ₹855 crore to develop and expand enterprise AI services in India Reliance Industries Limited (RIL) has announced the incorporation of a new joint venture company, Reliance Enterprise Intelligence Limited (REIL), in partnership with Facebook Overseas Inc., a wholly-owned subsidiary of Meta Platforms, Inc., to develop, market, and distribute enterprise artificial in…
Nesco has reasonably attractive valuations and robust traction in its key segments of operations In the past three-four years post-Covid, as return-to-office, business meetings and outdoor activities (exhibitions, events/concerts, hospitality) saw strong traction, many businesses focused on these segments have been strong beneficiaries.....
The Institute of Chartered Accountants of India (ICAI) is set to amend its Code of Ethics to give chartered accountants more freedom to advertise and maintain their own websites, including for network firms. Pushing ahead with efforts to create homegrown big audit firms, ICAI plans to amend its Code of Ethics to provide more leeway for chartered accountants in terms of issuing advertisements and maintaining their own websites, among other activities.... More https://bit.ly/4nxrafC Via financi…
Railways to bring more mechanisation for faster toilet sanitation, aiming for cleaning under a minute and improved frequency every three to four stations The ministry of railways is aiming to overhaul its train hygiene services by harnessing new-age technology to increase the frequency of sanitation works in passenger trains, a top government official said. Despite ongoing efforts to boost passenger convenience on trains, complaints on hygiene continue to pour in..... More https://bit.ly/3L4H…
US, India “very close” to a deal as there is convergence on most issues, but uncertainty persists over Russian oil, say officials Commerce & Industry Minister Piyush Goyal has said that India will not do a deal with deadlines or with a “gun to our head” even as legal texts are being readied in areas of convergence in the ongoing India-US bilateral trade agreement (BTA) negotiations......
MotoGB, a Lancashire-based distributor, will make the Hero MotoCorp product range available to customers in the UK, initially through a network of 25+ official sales and service outlets Hero MotoCorp, on Thursday, announced its official entry into the UK in partnership with MotoGB with its Euro 5+ range led by Hunk 440, marking the company’s 51st international market, strengthening its footprint across Europe......
The procurement proposals were cleared at the Defence Acquisition Council meeting chaired by Defence Minister Rajnath Singh Aiming to bolster India’s indigenous defence capabilities and operational readiness across the armed forces, the Defence Acquisition Council (DAC) on Thursday approved acquisition proposals worth around ₹79,000 crore.....
Vedanta Group to build three new plants - one for ferro-alloys and two for aluminium - taking its total investment in Odisha to ₹2 trillion and creating over 100,000 jobs Mining major Vedanta Group is set to invest an additional ₹1 trillion in Odisha, creating over 100,000 direct and indirect employment opportunities, the Chief Minister’s Office (CMO) said on Thursday. The group has already invested a similar amount in the state across various projects.... More https://bit.ly/43z33FQ Via …
· Vedanta to invest ₹1 trn more in Odisha, add 100K jobs across three plants https://bit.ly/43z33FQ · MTR Foods' parent company, Orkla India, gears up for around ₹1,650 cr IPO https://bit.ly/4o4ZKyr · Wealth Company MF mops-up ₹2,000 cr via 4 debut NFOs https://bit.ly/4hpwS1r · India is very well positioned over the medium term, says Unilever https://bit.ly/492Ae8H · DAC clears ₹79,000 cr defence proposals to boost armed fo…
Middle East
King Salman International Airport (KSIA), one of the Public Investment Fund companies, announced the signing of a strategic partnership with TOURISE Summit (TOURISE 2025). This partnership reflects a commitment to supporting national efforts aimed at positioning the Kingdom of Saudi Arabia as a global center for tourism and logistics services, and enabling integration between the transport and tourism sectors under Saudi Vision 2030. The partnership aims to highlight the pivotal role of KSIA in …
- Only airline to be recognised with Gold Tier status for 2024 among all participating carriers in the JFK Fly Quiet Programme, securing top score of 92.9 - significantly outperforming other carriers - Every aircraft in the airline's fleet meets ICAO Chapter 4 or Chapter 14 noise standards, reflecting ongoing investment in modern, quieter, and more fuel-efficient aircraft technologies - Airline's comprehensive noise reduction strategy rooted in procedural rigour, innovative technology, and stake…
- DMCC has revealed over 1,000 Chinese companies are now registered in its district, including over 130 tech firms, representing growth of over 16% in the past 12 months - Announcement made during DMCC’s second China roadshow in 2025, with events in Shanghai, Suzhou and Hangzhou - Over 750 senior Chinese business and government leaders engaged on AI, blockchain and tokenised asset opportunities DMCC, the leading international business district that drives the flow of global trade through Dubai…
The Transport General Authority (TGA) announced the continued operation of its autonomous vehicle service in Riyadh, in cooperation with technology and operations partners Uber and WeRide, as part of the initial application phase, which has witnessed growing public interest since its launch. The number of passengers who have experienced the service has so far exceeded 950 beneficiaries. The TGA explained that autonomous vehicles currently operate across two designated routes within Roshn Front a…
With heritage in every hemline, the iconic uniform of Emirates cabin crew is instantly recognised as a symbol of the world’s largest international airline, and the Emirates fly better experience. From its inception in 1985 to its current iteration in 2025, the Emirates cabin crew uniform is both evocative and emotive – capturing the glamour of flying with Emirates, and the power of a world-renowned brand. Check out the video on Instagram https://bit.ly/47lxd0p With a colour combination …
16 Dubai-based companies explore opportunities for international expansion “This trade mission to Armenia represents a significant step in our strategic efforts to unlock the vast potential of the Caucasus region for the business community in Dubai.” - Salem Al Shamsi - Non-oil trade between Dubai and Armenia reached a value of AED 25.7 billion during 2024, reflecting annual growth of 76%. - Around 500 Armenian businesses were registered as active members of Dubai Chamber of Commerce at t…
Governor of Qatar Central Bank (QCB) and Chairman of Qatar Investment Authority (QIA), HE Sheikh Bandar bin Mohammed bin Saoud Al-Thani, met with the Chief Executive Officer (CEO) of Brookfield Corporation, Bruce Flatt, and the accompanying delegation, during the current visit made to New York in the United States of America.The meeting discussed the most notable global developments in finance and investment......
Mahas Industrial City in the Wilayat of Khasab, under the Public Establishment for Industrial Estates "Madayn," has executed an investment agreement with Musandam Global Investment to develop the Mahas Construction Materials Complex. The project will occupy 106,827 square meters with a total investment commitment of RO 4 million. The signing ceremony was held under the patronage of Sayyid Ibrahim bin Said Al Busaidi, Governor of Musandam....
- 125,000 new Fiber-to-the-Home (FTTH) connections activated, achieving a major step in nationwide fixed broadband rollout - Over 1,100 km of new fiber cables deployed to boost nationwide capacity - 5G coverage extended to more than 2,000 new locations, prioritizing underserved areas stc group, the region’s leading digital enabler, today announced significant progress in its nationwide fiber optic and 5G network expansion. These latest milestones directly support Saudi Arabia’s digital trans…
Opportunity to own a home in one of the world’s most anticipated luxury wellness destinations AMAALA Residences, Red Sea Global’s (RSG) property brand for its residential portfolio at AMAALA, has unveiled the first homes available to buy at the destination, introducing a collection of exclusive wellness and lifestyle communities, as well as an iconic five-bedroom villa situated on its own private island. AMAALA Residences offers a luxury living experience that seamlessly blends contemporary …
South East Asia
Electronics and biomedical manufacturing drive growth Several private-sector economists have raised their full-year gross domestic product growth forecasts for 2025, after the latest industrial production (IP) print was much better than anticipated..... More https://bit.ly/4qseFUZ Via businesstimes.com.sg
Singapore · Job matching can’t be left entirely to market forces in S’pore: PM Wong https://bit.ly/4ou27e4 · Singapore core inflation edges up to 0.4% in September, above forecasts https://bit.ly/4o7z0gY · ST Engineering bags new contracts worth $4.9 billion in Q3 2025 https://bit.ly/4hpZ0kU · Marina Bay Sands sees another record quarter as earnings soar 83% to $965 million https://bit.ly/3JsQaGH · Standard Chartered issues pay…
Singapore · Projected doubling of S’pore GDP by 2040 could see S$ on a par with US dollar, STI hit 10,000: DBS https://bit.ly/4o3OWRl · Breaching AI policy could be a sackable offence at Singapore law firms https://bit.ly/3L43GRB · Singapore is top IPO market in South-east Asia in Q3: EY report https://bit.ly/475qjha · NUS to sell $649 million in private equity, real estate funds, sources say https://bit.ly/47fXDkk · Seatrium rej…
Under the new national strategy, logistics is recognised as a key economic sector with high added value and a critical service driving economic growth. The strategy leverages Vietnam’s geographic advantages, maritime potential, and trends in digital and green transformation to build a modern, connected logistics ecosystem. As cross-border e-commerce emerges as a key driver of global trade, Vietnam is placing logistics at the heart of its long-term growth agenda, viewing it as a high value-adde…
Software engineers in Singapore are less likely than their global peers to lose their jobs to artificial intelligence (AI), owing to strong government support and the Republic’s proximity to an array of tech firms, say talent and technology players. The rise of vibe coding – where one can build apps and websites using word commands – is especially ominous for this group of computer experts.... More https://bit.ly/43vnJi1 Via straitstimes.com
Traders described a growing panic as liquidity dried up. The cost of borrowing silver overnight soared to annualised rates of as high as 200%, according to consultancy Metals Focus For months, Vipin Raina had been bracing for a stampede of buying from Indian customers loading up on silver to honor the Hindu goddess of wealth. But when it came, he was still blown away. At the start of last week, his company, India’s largest precious metals refinery, ran out of silver stock for the first time …
Many high-tech flower farms have adopted automated irrigation systems, light and temperature regulation, and have achieved relatively high productivity. Hanoi is promoting hi-tech flower cultivation by expanding greenhouse and net house production areas, applying new varieties and advanced techniques, and converting low-yield rice fields into flower-growing zones to foster green, climate-resilient agriculture combined with eco-tourism.... More https://bit.ly/3KVR0fw Via vietnamplus.vn
His corporate trail stretches across Singapore, Malaysia, China and Taiwan, but the current whereabouts of Mr Tan Yong Pong, the Singaporean behind Megaspeed International, remains unclear. Mr Tan, 54, is listed as the sole director of the company, which is under a widening probe in Singapore and the US over possible breaches of export laws involving advanced Nvidia artificial intelligence (AI) chips...... More https://bit.ly/4o1GD8G Via straitstimes.com
The name Sun PhuQuoc Airways is not only symbolic, but also reflects Sun Group’s strategic commitment to accompanying the sustainable development of the “Pearl Island” – contributing to Phu Quoc’s transformation into an internationally renowned destination and a new aviation hub in the region.... More https://bit.ly/4qa3iBf Via vietnamplus.vn
The Singapore-listed shares of Chinese electric vehicle (EV) maker Nio rebounded on Oct 17, a day after the stock’s plunge wiped off more than $1.6 billion in market value. The sell-off on Oct 16 came after news that Singapore sovereign wealth fund GIC filed a lawsuit in the United States against Nio for allegedly exaggerating its profit and revenue..... More https://bit.ly/4q9R8bz Via straitstimes.com