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.
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Grab-Gojek merger talks resurface amid market optimism and regulatory challenges
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...
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