A Mitsubishi Heavy Industries factory is expected to be the Japan centre for the development and assembly of the next-generation fighter jet to be produced by Japan, Britain and Italy, sources close to the matter said on Saturday.
The three members of the trilateral Global Combat Air Program are discussing the roles each will play in the design and manufacture of the jet, with Britain to set up its centre in Warton and Italy in Turin, according to the sources.
The Japanese centre will be set up…
Who pays when overheated roads melt and rails buckle?
Heatwaves come and go, and while this is happening with increasing frequency and intensity – as this year’s record-breaking temperatures show – they slip from attention once things cool off. What does not disappear is the lasting and costly damage they do to the basic infrastructure we rely on in our daily lives.
Ultra-hot days and nights can result in the deaths of many people (those who cannot afford air conditioning especially) and they ignite forest infernos of terrifying intensity. Some of…
Smaller Asian airlines seek to add routes despite Middle East war, rising fuel costs
India’s Akasa Air and Malaysia’s AirBorneo are pressing ahead with expansion plans despite soaring jet fuel prices and disruption from the Middle East conflict, in a development that analysts say is a sign smaller Asian carriers are finding room to grow as larger airlines grapple with capacity constraints.
Akasa Air, India’s youngest airline, said last week that it was seeking to raise 10.5 billion rupees (US$110 million) through equity and debt, including loans from state-run banks, to fund the…
Tornado rips roofing from Indonesian construction site, sends workers fleeing
A tornado tore through an industrial site in Batam, Indonesia, ripping roofing from workshop facilities and sending helmeted workers running for cover as weather officials warned that unstable conditions could trigger further sudden storms.
The short-lived wind vortex, described locally as a puting beliung, struck VME Process in Tanjung Sengkuang, Batu Ampar, at about 10am on Wednesday, damaging workers’ shelters and scattering construction materials across the site, according to Indonesian…
UAE’s transactions law resets court tests for project risk, pricing and exit economics
The UAE’s Civil Transactions Law will influence how courts review evidence, pricing decisions and agreement outcomes when disputes arise.
More businesses set for tax relief as government unveils latest rates cuts
The UK government has announced a 20% business rates cut for pubs, clubs and music venues as part of broader cost of living measures aimed at supporting retail and hospitality companies.
Malaysia probes telecoms giant Maxis over Khairul Aming privacy leak
A social media post over an unpaid phone bill has triggered a data-protection investigation in Malaysia, after one of the country’s most recognisable influencers questioned how a stranger obtained details from his telecoms account.
The episode involving Khairul Amin Kamarulzaman, better known as Khairul Aming, has raised uncomfortable questions for telcos about how tightly they manage customer account information and how quickly private details can be exposed when those controls fail.
Khairul…
What does New Zealand bring to the Philippines’ security network?
The elevation of ties between the Philippines and New Zealand to a comprehensive partnership gives both countries a wider framework to deepen cooperation, as Manila expands its network of middle-power partners and Wellington steps up its engagement in Southeast Asia, analysts have said.
The upgrade also builds on rapidly tightening defence ties, giving Manila another security partner and New Zealand a stronger foothold in an increasingly contested Indo-Pacific, observers add.
New Zealand and the…
DFSA proposes sweeping overhaul of DIFC funds regime
The Dubai Financial Services Authority (DFSA) has unveiled plans for a significant overhaul of the Dubai International Financial Centre’s (DIFC) collective investment funds framework in a move designed to modernise the regime, align it with better align it with international standards, and support the DIFC’s continued development as a global investment funds hub.
‘Disbelief, shock’: Singapore PM on Faishal’s inappropriate messages with woman
A married Singapore minister’s sudden resignation amid revelations he had exchanged inappropriate messages with a woman has rocked the city state’s establishment circles, with a groundswell of sentiment calling for him to be retained.
Amid online petitions and calls to keep former minister-in-charge of Muslim affairs Faishal Ibrahim following his resignation on Monday, Prime Minister Lawrence Wong shed further light on the controversy, suggesting the matter was more serious than previously…