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The air defence system – inspired by Israel’s Iron Dome and America’s proposed Golden Dome – was unveiled in October. Taiwanese leader William Lai Ching-te said T-Dome would guard against “hostile threats” and aimed to intercept aircraft, drones and missiles before they could strike the island.Lai did not offer many technical details, but Defence Minister Wellington Koo Li-hsiung later suggested the system would focus on integrating the detection and fire-control systems of existing air defence missiles with new technologies like AI, “rather than buying huge quantities of new missiles”.The proposed system was the subject of an analysis in the December…
Powerful, targeted jamming caused a temporary blackout of satellite navigation systems, including GPS and BeiDou, in a major Chinese city on Wednesday, an industry association said on Friday.The disruption affected users in Nanjing, a city of nearly 10 million people and capital of the eastern province of Jiangsu, between 4pm and 10pm on Wednesday. Car navigation, food delivery, ride-hailing, and drone control apps relying on satellite positioning experienced a “systemic anomaly” during the period.Users reported severe position drifting and total loss of road data, affecting daily life and the economy. The disruption paralysed location-dependent services, causing ride-hailing orders to plummet…
The Competition Commission of Pakistan (CCP) has raised alarm bells, noting that counterfeit and adulterated pesticides remain widespread in Punjab and Sindh, damaging crops, causing significant financial losses to farmers, and distorting market competition. In its report titled “Competition Assessment Study of the Pesticide Sector in Pakistan”, released on Saturday, the CCP reviewed the structure, regulatory framework, and overall performance of the pesticide sector, highlighting significant gaps that undermine fair competition and quality assurance. The report notes that despite a large and expanding agricultural market, Pakistan has no local pesticide manufacturing and relies entirely on imports. Meanwhile, weak enforcement, regulatory…
After drones were flown in China at heights above 8,000 metres (26,247 feet) – approaching that of Mount Everest – the authorities are moving to crack down on illegal flights that threaten the safety of commercial aviation.The controversy highlights the regulatory dilemma China faces as it pushes to develop a low-altitude economy while ensuring aviation safety. Industry insiders say that with technological progress and upgraded oversight, China may eventually allow drones to fly as high as 6,000 metres (19,685 feet).Chinese regulations cap the altitude at which light drones can be flown at 120 metres (394 feet). Any operation above that…
After drones were flown in China at heights above 8,000 metres (26,247 feet) – approaching that of Mount Everest – the authorities are moving to crack down on illegal flights that threaten the safety of commercial aviation.The controversy highlights the regulatory dilemma China faces as it pushes to develop a low-altitude economy while ensuring aviation safety. Industry insiders say that with technological progress and upgraded oversight, China may eventually allow drones to fly as high as 6,000 metres (19,685 feet).Chinese regulations cap the altitude at which light drones can be flown at 120 metres (394 feet). Any operation above that…
After drones were flown in China at heights above 8,000 metres (26,247 feet) – approaching that of Mount Everest – the authorities are moving to crack down on illegal flights that threaten the safety of commercial aviation.The controversy highlights the regulatory dilemma China faces as it pushes to develop a low-altitude economy while ensuring aviation safety. Industry insiders say that with technological progress and upgraded oversight, China may eventually allow drones to fly as high as 6,000 metres (19,685 feet).Chinese regulations cap the altitude at which light drones can be flown at 120 metres (394 feet). Any operation above that…
Vanke Hong Kong, a unit of distressed mainland developer China Vanke, sold only seven flats from the latest batch of its Le Mont project in Tai Po on Saturday, a muted result that brokers said was expected given the development has been on the market for months.The developer released 165 flats in the latest batch, with sizes ranging from 270 to 662 sq ft.The offering included 28 one-bedroom, 28 two-bedroom, eight three-bedroom units and eight special units, as part of a six-tower residential complex comprising 1,650 homes and scheduled for completion by July 2026.Before Saturday’s sales push, Vanke Hong Kong…
Beijing-based ByteDance has raised pay and sweetened incentives as the TikTok owner steps up efforts to retain and attract talent globally, as it makes progress on settling the future of its US business.In an internal letter released to all staff on Friday and seen by the Post, the social media giant said it would lift both the upper and lower limits of compensation packages for staff across all ranks.For its full-year 2025 performance cycle – with reviews starting on January 15, 2026 – ByteDance said its total bonus pool would increase by 35 per cent from a year earlier, while…
Engro, one of Pakistan’s largest business conglomerates, has executed a $475 million (Rs133 billion) transaction—financed entirely through 100% Islamic banking—to grow its telecom infrastructure business, marking one of Pakistan’s largest Shariah-compliant deals. This funding has enabled the addition of Deodar, and its 10,000+ telecom towers, to Engro’s portfolio, the conglomerate said in a statement on Saturday. “My congratulations to the Dawood family and Engro, the Islamic bankers and conventional banks, through their Islamic windows, on being able to put together a deal of this size,” said Governor of the State Bank of Pakistan (SBP), Jameel Ahmed, during a celebratory event.…
The World Bank’s Board of Executive Directors has approved $700 million in financing for the Pakistan Public Resources for Inclusive Development – Multiphase Programmatic Approach (PRID-MPA), a multi-year, multi-program initiative to support macroeconomic stability and service delivery. According to a statement on Saturday, the PRID-MPA will enhance spending quality and leverage data and digital tools for improved services. The MPA is intended to support ongoing fiscal reforms, aligned with the IMF-Extended Fund Facility program and the National Fiscal Pact. The MPA will provide up to $1.35 billion in total financing. Of this amount, the World Bank has approved $600 million…