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Bloomberg Indonesia, a top supplier of a key battery metal, will aim to boost sales of electric vehicles with a new regulation that will cut tax breaks for hybrid cars. Battery-powered electric vehicles will retain their 0% luxury tax rate, while plug-in hybrid vehicles will see their tariff increase to 5% from 0%, according to a draft regulation issued by ...

Bloomberg Myanmar’s junta on Monday extended “full martial law” to additional areas in Yangon following a weekend of nationwide protests that left at least 50 people dead in the wake of a brutal crackdown by security forces. Coup leaders first imposed the measure in two townships after the Chinese Embassy asked authorities to guarantee the safety of Chinese investments and ...

Dubai / Emirates Business Data and artificial intelligence (AI) are expected to become key pillars that will build and grow the UAE’s digital economy in the future, adding a major boost to the country’s gross domestic product (GDP) in the long term, industry experts predicted during a recent virtual panel discussion hosted by Dubai Chamber of Commerce and Industry. The ...

DUBAI / WAM Terra – the Sustainability Pavilion is already inspiring action towards a cleaner, safer, healthier world, with 96 percent of people who have visited the Expo 2020 Pavilions Premiere so far saying the experience has motivated them to change their behaviour. Since launching at the end of January, the Pavilions Premiere has offered more than 50,000 visitors an ...

RAS AL KHAIMAH / WAM Ras Al Khaimah Departmentof Economic Development (Rakded) announced that exhibition organisers, wedding halls and event venues will be exempt from 100 percent of their licensing fees, violation charges and late payment penalties for 2021. The decision is in line with directives from HH Sheikh Saud bin Saqr Al Qasimi, UAE Supreme Council Member and Ruler ...

Bloomberg Japan’s biggest utility and the owner of the wrecked Fukushima nuclear power plant said it needs atomic energy to meet its pledge to cut its carbon dioxide emissions in half by 2030. It will take time to boost capacity of renewable energy, such as offshore wind, which makes nuclear energy indispensable for the company to curb CO2 emissions 50% ...

Bloomberg A pregnant woman and a monk were among those killed in Myanmar over the weekend amid violent crackdowns by security forces on anti-coup protesters, as both sides showed no signs of backing down. At least seven people were confirmed dead, according to the UN Human Rights Office, bringing its tally since the coup started in February to 88. Fatalities ...

Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, on Saturday launched the Dubai 2040 Urban Master Plan that maps out a comprehensive future map for sustainable urban development in the city. Aligned with the UAE’s vision for the next 50 years, the Plan is focused ...

Abu Dhabi / WAM Leaders, youth, decision makers, government officials, experts, and entrepreneurs are set to converge onto the third edition of the Mohamed Bin Zayed Majlis for Future Generations (MBZMFG 2021) on Sunday, March 14 – held under the patronage of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of ...

Bishkek / WAM Ulukbek Maripov, Prime Minister of Kyrgyzstan, received Hamad Salem bin Kardous Al Ameri, Director-General of the Zayed bin Sultan Al Nahyan Charitable and Humanitarian Foundation, along with his accompanying delegation. The two sides discussed cooperative relations, following the laying of the foundation stone of the Islamic Academy in Tokmok, Northern Kyrgyzstan. During the meeting, Al Ameri presented ...