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A so-called HMND 01 Alpha robot carries out transport tasks autonomously at the booth of German industrial conglomerate Siemens during a tour of the Hannover industrial trade fair for mechanical and electrical engineering and digital industries, in Hannover, northern Germany on April 20, 2026.
A so-called HMND 01 Alpha robot carries out transport tasks autonomously at the booth of German industrial conglomerate Siemens during a tour of the Hannover industrial trade fair for mechanical and electrical engineering and digital industries, in Hannover, northern Germany on April 20, 2026. `
Economy premium

From machine tools to military tech: German industry dons fatigues

Russia's invasion of Ukraine has rattled NATO and led Berlin to pour huge amounts into rebuilding its armed forces, sparking a business bonanza for weapons makers and manufacturers of dual-use goods.

1 hour ago
Markets premium

Iran war boosts European logistics profits as shipping chaos persists

While airfreight volumes are expected to grow at a high single‑digit rate in the quarter, sea freight volumes are forecast to rise only at a low single‑digit pace year on year.

1 hour ago
Regulations premium

Govt allocates $290m to build 100 new rice warehouses

The total additional capacity from the new facilities is expected to reach around 900,000 tonnes, although individual warehouse sizes will vary.

2 hours ago

The Latest

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Economy premium

Local banks see uptick in loan growth in March

Credit growth rebounded to 9.49 percent year-on-year (yoy) last month from the 9.37 percent logged in February. The latest figure, however, is still lower than the 9.96 percent yoy growth recorded in January.   

3 hours ago
Markets

Asian shares pull back from record highs as oil gains on Iran risk

Iran on Wednesday captured two container ships seeking to exit the Gulf via the Strait of Hormuz, tightening its grip on the crucial waterway, as investors watch if the fragile ceasefire in the Middle East will hold.

4 hours ago
Markets

India to import record 2.5m tons of urea at nearly double price

India, the world's biggest urea importer, issued the tender earlier this month to secure 2.5 million tons of the fertilizer, or nearly a quarter of its annual imports of about 10 million tons in 2025.

9 hours ago
Economy premium

BI holds rate steady to rein in rupiah's weakening

The central bank has decided to keep the BI-Rate unchanged at 4.75 percent to prevent the rupiah from spiraling ever downward amid the nearly two-month war in Iran as the currency hit a record low of Rp 17,193 per greenback on Wednesday, while experts pointed to a narrowing room for monetary policy in its aim to secure financial stability.

20 hours ago
Economy premium

Indonesia turns to paper, glass packaging as plastic prices climb

Beyond conventional materials, the government is encouraging the development of bioplastics derived from natural resources such as cassava and seaweed. 

1 day ago
tech

Apple's Tim Cook to step down as CEO in September

Tim Cook will be replaced by company veteran John Ternus, who joined Apple’s product design team in 2001 and rose to become senior vice president of hardware engineering over the following two decades.

2 days ago
tech

Tesla's supervised self-driving software gets Dutch okay, first in Europe

Tesla is also counting on self-driving software to boost vehicle sales, which have slowed in Europe due to its aging EV lineup and Musk's far‑right political rhetoric that has alienated some consumers.

1 week ago
tech

Indonesia sends letter of reprimand to YouTube over breach of social media curbs

Indonesia requires social media ‌companies ⁠with platforms it deems high risk to deactivate accounts belonging to children under 16, with the sanctions could go as far as a ​block on the ​platforms.

1 week ago
tech

Govt summons Meta, Google over noncompliance with child social media curbs

Indonesia summoned officials from Meta and Google over non-compliance with social media restrictions for children under 16 that went into full effect last week, a minister said in a video statement published on Tuesday.

3 weeks ago
companies

From nursing to nurturing: A daughter carries a legacy and takes charge

Second-generation oil palm smallholders, especially women, are playing an increasingly important role in shaping a more sustainable and inclusive future for the palm oil industry. This progress is closely linked to improved access to knowledge, structured support systems and growing recognition of women’s contributions within the sector.

2 days ago
companies

Schneider Electric strengthens its mission, backs it with action

The race for clean energy has begun, and increasingly became more poignant with the situation of geopolitics in recent years. As countries and companies band together to evolve, energy demand has grown in parallel, causing the importance of accelerated transformations.

2 days ago
markets

Asian shares pull back from record highs as oil gains on Iran risk

Iran on Wednesday captured two container ships seeking to exit the Gulf via the Strait of Hormuz, tightening its grip on the crucial waterway, as investors watch if the fragile ceasefire in the Middle East will hold.

4 hours ago
markets

India to import record 2.5m tons of urea at nearly double price

India, the world's biggest urea importer, issued the tender earlier this month to secure 2.5 million tons of the fertilizer, or nearly a quarter of its annual imports of about 10 million tons in 2025.

9 hours ago
markets

Malaysia offers rare earths alternative to China

Australia's Lynas facility in Gebeng, Malaysia is now the world's largest single rare earths processing plant.

1 day ago
markets

Oil, stocks fall as traders weigh outlook after Trump extends truce

With the two-week truce in its final hours, the US president said he would push the deadline back indefinitely following a request from mediator Pakistan and stressing the need to give Tehran's "fractured" leadership time to form a proposal.

1 day ago
markets

Oil prices dip, stocks rise on lingering Iran peace hopes

Investors remained largely upbeat that the US and Iran will eventually come to a deal that will reopen the Strait of Hormuz.

2 days ago
markets

Oil jumps, stocks wobble as Mideast ceasefire hangs in the balance

The ceasefire in the Iran war, due to run until Tuesday, was in doubt after the US seized an Iranian cargo ship and Tehran's top military command vowed to retaliate.

3 days ago

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