Turkish ruling party proposes 10% crypto income tax, levy on service providers
ISTANBUL, March 2 : Turkey's ruling AK Party proposed on Monday adopting a tax on cryptocurrency income and a transaction levy on crypto asset service providers, in a draft law submitted to parliament."Platforms must apply a 10 per cent withholding tax on income and gains from crypto‑ass ...
Turkey's AK Party submits bill to introduce crypto income tax, levy on service providers
ISTANBUL, March 2 : Turkey's ruling AK Party on Monday submitted to parliament a draft law that would introduce a tax on cryptocurrency income and a transaction levy on crypto asset service providers.According to the draft text, gains from the buying and selling of crypto assets would be subjec ...
US-Iran conflict: Kuwait shoots down 3 US F-15s in friendly-fire incident, US says
All six crew members ejected from the aircraft safely, were recovered and are in stable condition, Central Command said
Kuwait shoots down 3 US F-15s in friendly-fire incident, US says
All six crew members ejected from the aircraft safely, were recovered and are in stable condition, Central Command said
Compliance, risk and private markets roles top banking hiring demand for 2026: Morgan McKinley
Koh Kim Xuan - The heightened demand is due to ongoing regulatory demands and a stricter governance landscape within the financial services sector
Amazon to invest additional $21 billion in Spain for data centres and AI
BARCELONA, March 2 : Amazon said on Monday it would invest an additional 18 billion euros ($21 billion) in Spain to expand its data centres and boost AI innovation, bringing its total investment in the country to 33.7 billion euros. Amazon announced the investment after Spain's Prime Minister P ...
Amazon to invest additional $21 billion in Spain for data centres, AI
MADRID, March 2 : Amazon said on Monday it would invest an additional 18 billion euros ($21 billion) in Spain to expand its data centres and boost AI innovation, bringing its total investment in the country to 33.7 billion euros. ($1 = 0.8519 euros)
Top Glove founder’s son named as joint managing director, to take over the reins on Apr 1
Tay Peck Gek - Lim Jin Feng – son of Lim Wee Chai – will assume the role along with Ng Yong Lin
Exclusive-ASML plots future of chipmaking tools for AI beyond EUV
SAN JOSE, California, March 2 : ASML Holding has ambitious plans to expand its line of chipmaking equipment into several new products to capture more of the rapidly growing market for artificial intelligence chips, a senior executive told Reuters. More than a decade in development, ASML is the only ...
Fed races to adapt to AI promises and pitfalls for jobs, inflation
WASHINGTON, March 2 : U.S. Federal Reserve officials who have largely accepted that artificial intelligence will lead to dramatic shifts in the economy are now struggling to understand the pace and extent of what's to come, with a divide emerging over its potential to impact the labor market an ...
Iran strikes disrupt thousands of flights; Dubai Airport hit
More than 90% of departures from Dubai International Airport have been scrapped
EMA, South Korean energy company to collaborate on nuclear energy
Janice Lim - The parties will conduct joint studies of small modular reactors for potential applications in the city-state
Freehold conservation terrace in Cairnhill launched for sale at $16 mil
Gerine Tang - A conserved freehold corner terrace at 124 Cairnhill Road has been launched for sale at an indicative price of $16 million. The District 9 property sits on a 2,495 sq ft site with an approved gross floor area of 5,603 sq ft. Its layout includes four en-suite bedrooms, a guest room, an en-suite maid ...
Tesla gains market in France, Norway in February
March 2 : Elon Musk's Tesla gained market share in France and Norway in February, official data showed, signalling stabilisation in Europe after two straight years of declining sales.In France, the automaker's registrations, a proxy for sales, rose 55 per cent even as most rivals sold fewe ...
Olam to guarantee US$100 million loan for Olam Agri until unit is sold
Tay Peck Gek - The group is selling its 44.58% stake in Olam Agri to Saudi Agricultural and Livestock Investment Company
Catalist-listed fit-out firm Lincotrade unveils freehold The Shang Residence in KL
Jovi Ho - A Malaysian associate of Catalist-listed interior fit-out firm Lincotrade & Associates has unveiled the 449-unit The Shang Residence in Kuala Lumpur, Malaysia. The freehold residential project located in Kuchai Lama, Kuala Lumpur soft-launched on Feb 28. It is expected to officially launch by Ju ...
Budget 2026: Singapore mandates stricter security for home routers, raises bar for critical infrastructure
Young Zhan Heng - The measures aim to better protect consumers from cyberthreats and raise baseline national cybersecurity standards
Sats, SIA lead Singapore stock market tumble on Iran war fears; STI down 2.1%
Jude Chan - Of the 30 counters on the blue-chip index, 25 end the day down
Orange adds AST SpaceMobile to growing roster of satellite-to-mobile partners
March 2 : French telecommunications leader Orange on Monday announced a partnership with AST SpaceMobile and Satellite Connect Europe, a joint venture between AST and Vodafone, to boost direct-to-cell connectivity.Direct-to-device satellite services allow standard smartphones to connect to satellite ...
Iran crisis jolts Japan bond yields, muddies BOJ rate outlook
TOKYO, March 2 : Market expectations for Japanese bond yields and the central bank's next rate increase have been thrown into disarray as investors fear an extended conflict in the Middle East will have knock-on effects on the yen and domestic inflation.The initial reaction by Japanese governme ...
Nokia expands partnerships with TIM Brasil, Deutsche Telekom in AI technology push
March 2 : Nokia said on Monday it was expanding partnerships with TIM Brasil and Deutsche Telekom, as the Finnish 5G gear maker seeks to capitalise on adoption of AI-based technologies worldwide.These deals, which follow last week's announcement of a multi-year contract with Telefonica to provi ...
Analysts remain positive on CSE Global following recent FY2025 results
Teo Zheng Long - Analysts from CGS International, RHB Bank Singapore and Maybank Securities are keeping their respective “add” and “buy” calls on CSE Global (SGX: 544 ) following the recent FY2025 results. In their Feb 27 report, CGS International analysts, Tan Jie Hui and Lim Siew Khee, are maintaining a ...
Malaysia renews rare-earths supplier Lynas’ operating licence for 10 years
The group is one of the few outside China with commercial-scale processing capacity
Budget 2026: Singapore to train 100,000 workers to apply AI
Young Zhan Heng - The government also aims to support 10,000 enterprises in adopting artificial intelligence over the next three years
Singapore steps up AI investments with planned AI park at One-North
Kwan Wei Kevin Tan - Singapore will be building a new AI park at LaunchPad @ One-North, says Deputy Prime Minister and Trade and Industry Minister Gan Kim Yong. Gan was speaking at the Ministry of Trade and Industry’s (MTI) Committee of Supply debate on Mar 2 when he announced the new initiative. The new AI park will ...
Amazon's AWS reports outage after UAE datacenter struck by 'objects'
March 2 : Amazon's cloud-computing facilities in the Middle East faced power and connectivity issues on Monday after unidentified "objects" struck its data center in the United Arab Emirates.The objects had triggered a fire on Sunday that forced authorities to eventually cut power to ...
Amazon's AWS reports outage after UAE data center struck by 'objects'
March 2 : Amazon cloud-computing unit's facilities in the Middle East were facing power and connectivity issues on Monday, the company said after its United Arab Emirates data center was struck by "objects," triggering a fire.Amazon Web Services' UAE and Bahrain regions were affe ...
Amazon's AWS reports power, connectivity issues in Bahrain, UAE amid Iran strikes
March 2 : Amazon cloud unit's data centers in Bahrain and the UAE were facing power and connectivity issues on Monday, the company said, as Iranian retaliatory strikes hit airports, ports, and residential areas across the wider Gulf.Two of Amazon cloud unit's zones, which are clusters of d ...
Vodafone teams up with Amazon's satellites to connect masts in Europe and Africa
LONDON, March 2 : Mobile company Vodafone said on Monday it had signed a deal with Amazon Leo, the U.S. company's low Earth orbit satellite network, to connect 4G and 5G mobile masts in remote areas in Europe and Africa. Amazon Leo will offer connections of up to 1 Gbps for download and 400 Mbp ...
Budget 2026: JTC to develop Woodlands Gateway district as ‘northern gateway’ for Johor-Singapore SEZ
Tessa Oh - The first phase of the development to be completed around 2030
Ship insurers cancel war risk cover due to Iran conflict
Several tanker owners, oil majors and trading houses have since suspended shipments through the narrow waterway
Budget 2026: New consolidated Edge grant to streamline funding application process for SMEs
Paige Lim - Existing support schemes will also be enhanced to help more Singapore businesses capture overseas and domestic growth
Toku reports higher FY2025 losses driven by IPO costs, sees commercial momentum ahead
Benjamin Cher - Leading indicators point to its engine being ‘strong’, says CEO
Toku reports higher FY2025 losses driven by IPO costs; highlights commercial momentum going forward
Benjamin Cher - Leading indicators point to its engine being ‘strong’, says CEO
