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The Board of Directors of Dynea Pakistan Limited, a chemicals manufacturer, has approved the installation of a 2.5MW wind power project at Hub, Balochistan, replacing the earlier planned 1.1MW facility. The development comes as companies in Pakistan are increasingly turning to renewable energy sources to enhance sustainability and reduce dependence on conventional power. “With reference to the information conveyed on June 26, 2025, the Board of Directors of Dynea Pakistan Limited has approved the installation of a 25 MW wind power project at Hub, Balochistan, instead of the earlier 1.1MW project to achieve better efficiency and economies,” read the notice.…
The Beijing municipal government has further relaxed home buying curbs by lowering the threshold for individual income tax payments and by allowing multi-child families to purchase extra properties.The move was seen as a precursor to more national supportive policies expected in 2026 aimed at shoring up the sluggish property market, an industry expert said.China aims to stabilise the nation’s property market as part of its 15th Five-Year Plan, which kicks off in 2026, according to a national conference held in Beijing earlier this week.The policies rolled out in the national capital of Beijing were also seen as a benchmark for…
Indonesia’s 2025 unfolded as a year of collision and contrast – President Prabowo Subianto asserting his authority, mass protests erupting in the streets, global diplomacy expanding outwards, climate disaster striking at home and a viral moment that turned aura farming into the country’s top cultural export of the year.Prabowo takes chargePrabowo entered his first full year in office with a strong mandate and an unusually high level of public goodwill. Over 2025, he moved quickly to consolidate authority and set direction, pairing ambitious domestic pledges with an outward-looking foreign policy and projecting an image of decisiveness after years of coalition-driven…
A novel approach by South Korea to stop its rural areas from dying by paying people to live there appears to be working.Okcheon in North Chungcheong province saw its population grow by almost 1,000 in just over two weeks since it became a participant in the state-backed programme earlier this month, according to The Korea Herald newspaper.The farming community was officially designated a “population decline area” in 2021. By the following year, its population fell to below the 50,000 threshold, making it a top contender for the “rural basic income” programme.Nine other communities were selected, including Yeoncheon in Gyeonggi province,…
Malaysia’s jailed former prime minister Najib Razak was found guilty on the first count of abuse of power in the final criminal case linked to the multibillion-dollar 1Malaysia Development Berhad (1MDB) scandal, following a seven-year trial.Justice Collin Lawrence Sequerah is still reading the remaining verdicts.Prosecutors say that Najib abused his position to siphon 2.3 billion ringgit (US$568 million) from the scandal-hit state fund.In total, the 72-year-old faces four charges of abusing his position to obtain the monies in gratification linked to 1MDB funds, along with 21 additional counts of money laundering.The decision is being delivered at the Palace of Justice…
Prosecutors on Friday demanded a 10-year prison sentence for former South Korean president Yoon Suk-yeol in the first of four trials linked to his failed attempt to impose martial law, as a potential ruling against Yoon next month could keep him behind bars even before his most serious case is concluded.This first case focuses on Yoon’s actions before and after the martial law decree was issued on December 3 last year, including obstructing his arrest, bypassing Cabinet procedures and forging official documents to create the appearance of a lawful proclamation.Wearing a dark blue suit without a tie, Yoon appeared tense…
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Hong Kong is emerging as a neutral hub bridging the technological strengths of East and West while leveraging its robust education and financial systems to drive the next wave of artificial intelligence transformation in businesses, according to PwC executives.As companies worldwide pushed to move AI from isolated experiments to capabilities deployed at scale, not just to solve problems but to unlock new revenue opportunities, Hong Kong was “well‑positioned” to harness the technology’s potential, said Joe Atkinson, chief AI officer at PwC Global.“Hong Kong serves as a powerful connector, bringing together capabilities from around the world to address business challenges in…
Crescent Star Insurance Limited (CSIL), a Pakistani insurance service provider, has signalled plans to enter the digital and virtual assets space through a proposed joint venture with SG Power Limited (SGPL), as the insurer looks to diversify beyond its traditional insurance business. The listed insurance company disclosed the development in a notice to the Pakistan Stock Exchange (PSX) on Friday. The company said its board of directors, in an emergent meeting held on December 24, 2025, reviewed strategic matters relating to its investment portfolio and long-term platform strategy. “The Board further approved, in principle, the activation of Crescent Star Technologies…
Chinese surgeons have performed the world’s first operation to graft a patient’s torn-off ear onto her foot before putting it back in place.The woman’s ear was torn off in a workplace accident in April that also ripped away a large part of her scalp, medical news social media account Yixue Jie, or Med-J, reported on Monday.Qiu Shenqiang, deputy director of the microsurgery unit at Shandong Provincial Hospital in Jinan, said the woman’s injuries had been caused by heavy machinery and left her with life-threatening injuries.The scalp, neck and facial skin had been torn and “split into multiple fragments” while the…