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Posted on May 23, 2025

North Korean Ship Damaged on Launch in Blow to Kim’s Navy Ambitions

North Korea has admitted damage to a second naval destroyer in a botched launch to water, an embarrassment for leader Kim Jong Un, who oversaw the failure and scolded the officials responsible, ... ( read original story ...)

Posted on May 23, 2025

Earth Hotels sets Saudi launch dates

The two hotels will bring 375 new rooms and serviced apartments to Saudi Arabia. Earth Hotels sets Saudi launch dates. Earth Hotels. News. ( read original story ...)

Posted on May 23, 2025

Analysts downgrade China’s property price outlook in 2025 as trade tensions pose fresh risk: Reuters poll

Weakness in China's property sector is expected to persist this year with home prices falling nearly 5% and set to remain stagnant in 2026, as low confidence continues to keep buyers at bay while the ... ( read original story ...)

Posted on May 23, 2025

Bangladesh’s interim govt chief Yunus mulls resignation: Report

Bangladesh's interim government chief Professor Muhammad Yunus mulls resignation as he finds it difficult to work because political parties failed to reach a common ground, BBC Bangla service reported ...

Posted on May 23, 2025

Shell Indonesia to transfer gas station business to Citadel and Sefas JV

Shell Indonesia has agreed to transfer its gas station business in the country to a joint venture between Citadel Pacific Limited and Sefas Group, the company said on Friday.

Posted on May 23, 2025

Shell Indonesia to transfer gas stations operations to Citadel-Sefas venture

Shell Indonesia, a wholly owned subsidiary of European oil and gas major Shell (NYSE:SHEL), has agreed to transfer ownership of its fuel filling station business in Indonesia. The buyer will be a new ...

Posted on May 23, 2025

Shell to Exit Fuel Retail Business in Indonesia, Sells Stations to JV

Jakarta. Global energy giant Shell plc has announced the sale of its entire fuel retail network in Indonesia to a joint venture between Citadel Pacific Limited and Indonesia’s Sefas Group. In a ...

Posted on May 23, 2025

Legal abroad: Doing business in Indonesia

With a construction market set to reach US$300bn this year, the new BRICS nation has great potential for UK companies ...

Posted on May 23, 2025

Velesto secures new drilling contract in Indonesia

Velesto Energy Bhd has secured a new drilling contract from PC Ketapang II Ltd, PC North Madura II Ltd, and PETRONAS North Ketapang Sdn Bhd for its NAGA 8 jack-up rig in Indonesia.

Posted on May 23, 2025

South Korea’s tariff-hit sectors to get more support

More support will be given to key sectors of the South Korean economy affected by the United States' tariffs, the government said in Seoul on Wednesday, even as the second round of technical ...

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