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US Crab Ban Threatens Philippines’ ₱7-Billion Industry & Thousands of Jobs
The United States has banned imports of Philippine blue swimming crab meat due to non-compliance with the Marine Mammal Protection Act. This ban could cost the local industry ₱6 to ₱7 billion annually and displace thousands of workers. Alternative markets cannot compensate for the lost exports, causing financial strain on fishermen and processors. Read more
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First IKEA in Cebu, Philippines at Gatewalk Mall This December
Ayala Land Inc. will launch Ayala Malls Gatewalk in Mandaue City this December, featuring the region’s first IKEA store. This 56,000-square-meter complex will combine shopping, dining, and entertainment, enhancing Cebu’s retail landscape and supporting regional growth. It aims to create a new retail experience connected to a public transport hub. Read more
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Malaysia at the Center of Palm Oil Price Surge
The palm oil market is poised for significant price increases in the latter half of 2026 due to the anticipated El Niño phenomenon and growing biofuel demand. With Malaysia’s yields expected to drop and tight supply dynamics, analysts predict Malaysian Standard Palm Oil prices could average RM4,350 per tonne, benefiting local producers while raising costs… Read more
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Indonesia Youth Group Calls for Government Mitigation Measures Amid Pertamax Fuel Price Increase
The Indonesian Young Entrepreneurs Association (HIPMI) responded to rising Pertamax fuel prices, calling for government action to protect businesses and consumers. They highlighted the adverse effects on high-mobility industries and MSMEs. HIPMI recommended measures like improving logistics efficiency and targeted incentives to mitigate operational cost pressures and support economic growth. Read more
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Oil, Dollar, and Dilemma – Pertamax Price Hike Exposes Fragile Energy Balance
Pertamina has raised non-subsidized fuel prices significantly, with Pertamax increasing to IDR 16,250 and Pertamax Green 95 to IDR 17,000 per liter, reflecting a 30 percent hike. This decision, driven by global market pressures, may lead consumers to switch to cheaper subsidized fuels, jeopardizing the subsidy system. Experts urge government oversight. Read more
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Indonesia’s Fuel Prices Increase: Implications for Key Economic Sectors and Investment Climate
The rise in Pertamax fuel prices significantly affects Indonesia’s economic landscape, influencing household budgets and business operations. Unlike Malaysia and the Philippines, which use subsidies to stabilize costs, Indonesia’s approach may deter foreign investment and hinder competitiveness. To offset these challenges, Indonesia must focus on renewable energy and support for small businesses. Read more
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The Laureato Fifty Returns: A Golden Jubilee Keepsakes Moment
The Girard-Perregaux Laureato family celebrates a milestone with refreshed designs featuring ten intricate dial finishes and diverse steel-case options. This update enhances its versatility, blending luxurious craftsmanship with everyday practicality. The new colors and sizes cater to collectors and casual wearers alike, ensuring that the classic watch remains vibrant and contemporary. Read more
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Malaysia and Japan Forge Strategic Partnership to Build a Resilient Technology Ecosystem
Malaysia and Japan are enhancing their partnership through a focus on technology, sustainability, and innovation. Prime Minister Anwar Ibrahim highlighted their historical collaboration in electronics and semiconductors, emphasizing trust as key to growth. Initiatives like the Asia Zero Emission Community aim for a low-carbon future, while future efforts will target the digital economy and artificial… Read more
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Indonesia Implements RON92 Petrol Price Hike Amid Subsidy Reform
Indonesia has raised the price of RON92 petrol, effective immediately, aiming to align domestic fuel costs with global market trends. This decision, made after extensive discussions, is intended to lessen subsidy burdens while promoting efficient fuel consumption. The adjustment may impact transportation costs and overall prices in the economy. Read more
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San Miguel Corporation Targets 2028 Completion of New Manila International Airport Runway
San Miguel Corporation (SMC) has reaffirmed its commitment to delivering one of the Philippines’ most ambitious infrastructure projects—the New Manila International Airport (NMIA) in Bulacan. During the company’s annual stockholders’ meeting, SMC Chairman and CEO Ramon Ang announced that construction of the airport’s first runway remains firmly on track for completion by 2028, with the… Read more
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Turkish Aerospace Eyes Kertajati as Indonesia’s Emerging Aircraft Assembly Hub
Turkish Aerospace plans to establish an aircraft manufacturing hub in Kertajati, West Java, revealed during the Indonesia Aerospace Ecosystem Forum 2026. This initiative aims to enhance Indonesia’s role in the global aerospace supply chain, leveraging local talent and infrastructure while fostering industrial partnerships to meet increasing global demand for aircraft. Read more
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Indonesia’s Bold Rate Hike and Regional Perspective on Market Reactions
When Bank Indonesia raised its benchmark interest rate to 5.50%, the conventional wisdom was that equities would struggle. Higher borrowing costs usually translate into slower corporate expansion, weaker consumer demand, and a shift of investor preference toward bonds. Yet the Jakarta Composite Index (JCI) surged more than 7.5% in a single day, a move that… Read more
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Why On‑Device Intelligence and Regionalization for Software Matter Now
If you run a software business, the last few months feel like a turning point. The industry is moving from a simple, cloud‑centric model toward a more complex architecture that mixes on‑device intelligence, edge compute, and regionally segmented backends. That change matters for product strategy, engineering budgets, go‑to‑market plans, and the way you think about… Read more
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The Age of Three Worlds: Europe’s Sovereignty, America’s Legacy, and China’s Ascent
France’s decision to trial its own AI-powered battlefield command system, Arcadia, during NATO exercises is a striking example of Europe’s growing determination to build alternatives to U.S. technology. Developed with French firms such as Mistral AI, Safran, Thales, and Airbus, Arcadia is being positioned as a European counterpart to Maven, the AI platform created by… Read more
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When Governments Age‑Gate the Internet: Australia’s Under‑16 Ban and What It Means for Business, Rights and Policy
Governments and tech companies have been dancing around the same problem for years: how to protect children from demonstrable online harms without strangling the civic, educational and commercial value that social platforms provide. In recent months that dance has become a full‑blown policy pivot. Australia’s decision to bar children under 16 from major social platforms… Read more
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Global Ripple Effects of China’s Capital Controls on London Financials and Beyond
London’s financial sector experienced a sharp repricing as investors reacted to Beijing’s new measures to restrict capital outflows, erasing more than £7 billion from the market value of major London‑listed banks and insurers; HSBC and Standard Chartered recorded meaningful declines while Prudential, which derives a substantial portion of its revenue from China, suffered the largest… Read more
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World Ocean Day
World Ocean Day lands every June 8th, and it’s basically the world’s laid-back reminder to pay attention to the sea. It’s a day for celebrating everything the ocean does for us. Feeding communities, regulating climate, producing oxygen, and giving us endless inspiration for adventure. People mark it in all kinds of ways, from beach cleanups… Read more
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Netflix names longtime director Jay Hoag as chairman, succeeding Reed Hastings
Netflix has appointed Jay Hoag, its longtime lead independent director, as chairman of the board, succeeding co-founder Reed Hastings. The announcement was made in an SEC filing following the company’s annual shareholders meeting on June 4, 2026. Hastings, who transformed Netflix from a DVD-by-mail service into a global streaming leader, stepped down to focus on… Read more
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KATSEYE Announces 2026 WILDWORLD Tour: LA Show at Crypto Arena Headlines the US Run
Global girl group KATSEYE is turning up the heat on 2026 with their sizzling WILDWORLD TOUR, a major headline run that will light up stages across the UK, Europe, and North America this fall. Produced by Live Nation, the tour kicks off September 1 in Dublin at 3Arena and sweeps through a string of globe-spanning… Read more
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Real Estate Disputes That Homeowners Should Never Ignore
Real estate, often viewed as a cornerstone of personal wealth and stability, can also be a hotbed for disputes that, if left unaddressed, may lead to significant financial loss, legal issues, and emotional turmoil. Homeowners must remain vigilant and proactive to navigate the complexities that can arise in property ownership. Boundary Disagreements Boundary disputes are… Read more
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Financial Market: 11.13.25
The New York Times reported that newly released communications from Jeffrey Epstein revealed his disdain for Trump while hinting at the existence of potentially damaging information regarding Trump’s business empire. Epstein’s emails, characterized by typographical errors and revealing comments, indicated that he believed he had insider knowledge on Trump’s various real estate ventures. Notably, Epstein’s… Read more
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Kering and Mayhoola to Inject €100 Million Into Valentino
Prestigious Italian fashion house Valentino, Kering and Mayhoola have reached an agreement to inject €100 million (approximately $117 million). This strategic financial intervention comes after Valentino encountered challenges with its loan covenants earlier this year, marking a pivotal moment for the brand. Valentino is under the ownership of MFI Luxury Srl, a holding company where… Read more
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Authentic Brands Group in Talks to Acquire Missoni
Recently, reports emerged that Authentic Brands Group (ABG) is currently engaged in exclusive negotiations to purchase the renowned Missoni brand. This news, first reported by WWD, suggests that if the talks proceed smoothly, a finalized deal could be in place by the end of the year. The Missoni brand, famous for its vibrant colors and… Read more
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Financial Market: 11.12.25
One notable area of focus is the potential restrictions on proxy-advisory firms, with discussions reportedly taking place within the Trump administration. The proposed executive order could drastically alter how shareholder votes are approached, particularly impacting influential firms such as Institutional Shareholder Services and Glass Lewis. This could include banning shareholder recommendations and imposing limitations on… Read more
Featured
How Indonesia Plans to Transform Cheese Consumption
MBR and PT Garudafood have teamed up with French cheese company Bel S.A. to build a modern cheese factory in Sumedang, West Java, aiming for operation by 2028. This investment reflects confidence in Indonesia’s market potential and addresses low regional cheese consumption, promoting sustainability and regional growth while enhancing MBR’s global stature.
The Business Global Magazine 