Reflection AI is partnering with Seoul-based conglomerate Shinsegae Group to build a huge new AI data center in South Korea. The companies revealed their intentions in a media statement on March 16, …
Singapore and South Korea to upgrade FTA, leaders say as President Lee pays state visit
SINGAPORE] Singapore and South Korea will upgrade an existing Free Trade Agreement (FTA) to ride on strong growth of trade and economic ties between the two countries, said Prime Minister Lawrence …
Pakistan — The ‘Bail Me Out Nation’ — Economy Tanks, Stocks Sink, Jobs at Risk Amid Iran War
Pakistan’s economy is facing severe challenges due to the Iran-US conflict, which disrupts oil supplies through the Strait of Hormuz, affecting fuel imports that primarily come from Saudi Arabia and …
23XI Racing, Michael Jordan earn major nominations for the Sports Business Award
With the 19th annual Sports Business Awards coming up, 23XI Racing owner and NBA Hall of Famer Michael Jordan has been nominated by the Sports Business Journal for Executive of the Year, and 23XI Raci …
$379m in Iraqi Assets Recovered from Abroad
By John Lee. Iraq Fund for the Recovery of Smuggled Assets has reportedly recovered approximately $379 million in Iraqi funds from abroad, according to its chairman, Mohammed Ali Al-Lami. Speaking to …
Tenders “Issued” for Iraqi Oil Exports via Syria and Jordan
By John Lee. The Ministry of Oil has reportedly issued tenders to export Iraqi crude oil through the Syrian port of Baniyas and the Jordanian port of Aqaba, according to Oil Minister Hayan Abdul Ghani …
Iran’s Shahed war is turning into booming business for the world’s small drone manufacturers
Interceptor drone manufacturers say they’ve been flooded by business inquiries from potential buyers, with most coming from the Middle East.
Iran’s Hormuz Stranglehold Upends Markets and Geopolitics
Energy prices continued to climb around the world as war in the Middle East intensifies. That has scrambled President Trump’s foreign policy strategy.
Vietnam-Spain forum explores cooperation in tourism, technology
Madrid recently hosted the “Vietnam-Spain Cooperation Forum: Bridging Innovation and Culture” on March 13, co-organized by the Embassy of Vietnam in Spain, VIDOGroup and FPT Corporation, in …
India’s services sector likely to nearly triple to $6 trillion by 2035
India’s services sector, now contributing about $2.2 trillion to gross domestic product (GDP), is expected to grow to about $6 trillion by 2035, implying a compound annual growth …