Myanmar Imposes 5 pct Special Goods Tax On Imported Electric Vehicles

YANGON, March 18 (NNN-Bernama-Xinhua) — Myanmar has imposed a 5 per cent special goods tax on imported battery electric vehicles (BEVs) under the 2026 Union Tax Law, the state-owned daily The Global New Light of Myanmar reported on Wednesday, reported Xinhua.  According to the law, battery electric vehicles (BEVs) have…

Two Philippine Gas Stations Charged Over Profiteering Amid West Asia Conflict

MANILA, March 18 (Bernama-PNA) — The Philippine National Police (PNP) has filed profiteering charges against two gas stations amid soaring oil prices due to the West Asia conflict, Philippine News Agency (PNA) reported. “We already charged two,” PNP spokesperson Brig. Gen. Randulf Tuaño said at the Kapihan sa Manila Hotel…

Indonesia Says International Flights Continue, Denies Suspension Reports

JAKARTA, March 18 (Bernama) — Indonesia on Wednesday assured that international flights will continue amid developments in West Asia, denying earlier reports of a suspension. Transportation Minister Dudy Purwagandhi said the government is committed to maintaining global connectivity and passenger mobility. “Earlier there was news related to a closure; the government…

Unfolding events in Middle East raising trade uncertainties – Malaysian PM Anwar

KUALA LUMPUR, March 18: Malaysian Prime Minister Anwar Ibrahim once again raised concerns on the unfolding conflict in the Middle East, saying it was affecting global trade and raising uncertainties among people and businesses. In a posting on his Facebook account, entitled “When crisis tests a nation”, he said the…

S. Korea wins cooperation of 6 UN agencies for global AI hub

SEOUL, March 18 (Bernama-Yonhap) — South Korea has signed a letter of intent with six United Nations (UN) agencies outlining their willingness to cooperate for the launch of a global hub for artificial intelligence (AI) in the country, the prime minister’s office said Wednesday, Yonhap News Agency reported. The document…

IEA Hopes Markets Will Stabilise Soon After The Release Of Oil Reserves

Credit: Facebook IEA PARIS, March 17 (NNN-dpa) — Following the release of strategic oil reserves, the International Energy Agency (IEA) is counting on a swift stabilisation of the markets.  “With this unprecedented action in place, I very much hope the situation will be resolved quickly to enable markets to start recovering,”…

Singapore-Japan Ties Evolve Over 60 Years, Entering A New Phase, Says Singapore PM

Credit: Bernama SINGAPORE, March 17 (NNN-Bernama) — Singapore Prime Minister Lawrence Wong highlighted that the Singapore-Japan relationship has evolved significantly over the past six decades and is ready for a new phase. Wong, who is scheduled to make a three-day official visit to Japan beginning Tuesday, said the 60-year dedicated…

S.Korea Cabinet Endorses Special Law On US$350 Bln Investment Pledge To US

Photo Credit: Bernama SEOUL, March 17 (NNN-Yonhap) — South Korea’s cabinet on Tuesday endorsed a special law to facilitate the country’s US$350 billion investment pledge to the United States (US), paving the way for implementation of the commitment under a bilateral trade deal reached last year. The approval came five days…

Centre of Islamic Civilization as A Strategy for Spiritual & Intellectual Advancement of New Uzbekistan

KUALA LUMPUR, March 17 (NNN-Bernama) — Human history demonstrates that every great advancement is built upon intellectual and spiritual foundations. Today, a project emerging from the heart of Central Asia is drawing global attention for its scale and significance – Centre of Islamic Civilisation is not merely an architectural landmark, but…

GCAA: Air Traffic Operations Return To Normal Across UAE Airspace

ABU DHABI, March 17 (NNN-WAM) — The General Civil Aviation Authority (GCAA) announced that air navigation has returned to normal across the UAE’s airspace, following the stabilisation of the situation and the lifting of the temporary precautionary measures that had been implemented. The authority confirmed that the decision was taken…
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