Amazon’s ad business soars, reaching US$56 billion in 2024 | News

Intelligence reports from Ukraine and South Korea reveal that North Korean special forces have proven to be highly skilled and disciplined in the Russian war effort, contrary to initial dismissals. While they excel in small arms and close-quarters combat, they struggle with trench warfare and drone countermeasures. Their rigid ideological discipline has caught the attention of Chinese military analysts and private security contractors, who see them as valuable assets due to their loyalty and willingness...

Since 2016, Sen. Risa Hontiveros has been pushing a bill in the Philippine legislature to address the high rate of teen pregnancies in the country, which is one of the highest in Asia. The bill aims to prevent teen pregnancies that have led to a staggering birth rate among girls aged 10-14, reaching 40.3 per…, highlighting the urgent need for legislative action to protect the health and rights of young girls in the Philippines. Full...

Southeast Asia's ride-hailing giants Grab and Gojek are in talks for a potential merger, with Gojek possibly valued at over US$7 billion, offering shareholders a 20% premium. Maybank Investment Bank highlights significant synergies, estimating cost savings of up to US$209 million by 2027, despite regulatory challenges from the Indonesian Competition Commission. If the deal goes through, it could reshape the region's tech landscape, with Grab solidifying its dominance and Gojek securing a stronger position in...

Malaysia strongly opposes the forced resettlement of Palestinians in Gaza proposed by U.S. President Trump, labeling it as ethnic cleansing and a violation of international law. Trump suggested the U.S. taking over Gaza for development, prompting backlash from Malaysia, which has historically supported Palestinian rights and rejected diplomatic relations with Israel. Malaysia calls for a permanent solution acceptable to Palestinians and emphasizes the need for independence and self-determination for the Palestinian people. Full Article

DeepSeek, a Chinese AI startup, has expressed concern over misinformation being spread about its chatbot app, which has surpassed OpenAI in downloads but faces bans globally due to security issues, censorship, and ties to the Chinese government. Despite warnings, DeepSeek did not address the increasing bans by various governments on its app, including Australia, South Korea, and Italy, with Taiwan also prohibiting its use in the public sector. A study by Cisco and the University...

Viet My Petrol Transportation, a Hanoi-based owner, has recently exited the VLCC trades after three years of operation. The company purchased two VLCCs in 2023, selling the second one, T Cereal, for $31m and now preparing to sell the Gold Pearl for just under $30m. As a result, Viet My Petrol Transportation now holds two 1996-built LPGs according to the shipping register Equasis. Full Article