Nordic data centre operator atNorth has confirmed plans to develop a 300MW high-density colocation campus in Sollefteå Municipality, Sweden, marking one of the largest artificial intelligence-focused infrastructure projects announced in the region. The facility, to be built at the Hamre Industrial Park, is scheduled to begin operations in the first half of 2028. Company executives said the campus is designed to meet accelerating demand for AI and […]
Nigerian banks are entering 2026 with firmer balance sheets and improved capital buffers, positioning the sector for expansion as regulatory deadlines draw closer. Analysts at Lagos-based investment banking and research firm Chapel Hill Denham say the industry’s strengthened fundamentals provide a platform for earnings growth, credit expansion and renewed investor confidence. At the centre of this shift is the Central Bank of Nigeria’s recapitalisation directive, announced in […]
Digital asset investment products recorded net outflows of about $288 million over the latest week of trading, extending a multi-week streak of capital withdrawals by institutional and retail investors from cryptocurrency-linked funds. This marks the fifth consecutive week of net selling in crypto fund flows, pushing total outflows to roughly $4 billion over this period and signalling ongoing pressure on risk assets within the digital-asset space. Despite […]
Arabian Post Staff -Dubai United Arab Emirates has published detailed electronic invoicing guidelines as authorities accelerate plans to introduce a nationwide digital billing system aimed at modernising tax compliance and improving transparency across the economy. The Ministry of Finance said the official reference document sets out the technical, operational and compliance framework that businesses must follow as the country moves towards mandatory eInvoicing. The guidance forms a […]
Arabian Post Staff -Dubai President Donald Trump dismissed reports that the Pentagon harbours concerns about the feasibility of a prolonged military campaign against Iran, declaring that he alone would decide on any course of action while reiterating his preference for a negotiated settlement. “Everything that has been written about a potential war with Iran has been written incorrectly, and purposefully so,” Trump wrote on social media […]
Producer prices in the Republic of Korea rose for a fifth straight month in January, driven by firmer semiconductor prices and higher agricultural costs, according to central bank data that point to lingering pipeline inflation pressures in Asia’s fourth-largest economy.
Figures released by the Bank of Korea showed the producer price index increased on both a monthly and annual basis, extending a run of gains that began in early autumn. Officials attributed the latest rise largely to a rebound in memory chip prices and elevated food-related costs, reflecting supply constraints and weather-related disruptions.
Semiconductors, a cornerstone of the country’s export-led economy, played a decisive role. Prices for key memory products, including DRAM and NAND flash, strengthened as global demand for data centres and artificial intelligence applications continued to absorb inventories. After a prolonged downturn that weighed on manufacturing output through 2023, chipmakers have benefited from tighter supply and renewed investment in high-performance computing, pushing upstream prices higher.
Industry analysts say the upturn in chip prices has filtered through supply chains, lifting overall producer prices even as energy costs have remained comparatively stable. Manufacturing accounts for a substantial share of Korea’s producer basket, meaning swings in technology components can exert an outsized influence on headline figures.
Agricultural products also recorded notable gains. Unfavourable weather conditions and higher input costs contributed to increases in fruit, vegetable and livestock prices. Food-related producer costs are closely watched because they can pass through to consumer prices with a lag, particularly in a country where household spending on fresh produce forms a visible part of the inflation basket.
The latest data suggest cost pressures remain uneven across sectors. While energy prices have moderated from peaks seen after geopolitical disruptions in global oil and gas markets, certain industrial materials and processed foods have shown persistent firmness. Service-sector producer prices, including transport and logistics, have also edged higher, reflecting wage adjustments and operating expenses.
Economists note that sustained increases in producer prices can eventually feed into consumer inflation, although the transmission is neither automatic nor immediate. Consumer price growth has eased from multi-year highs reached in 2022, but remains sensitive to food and housing costs. The central bank has kept its benchmark interest rate at a restrictive level since early 2023 in a bid to anchor inflation expectations and support financial stability.
Policy deliberations in Seoul have balanced the need to contain price pressures against concerns over slowing domestic demand and household debt. Export performance has improved alongside the semiconductor recovery, yet construction activity and private consumption have shown mixed signals. A continued rise in producer prices may complicate the timing of any monetary easing, particularly if global commodity prices remain volatile.
The global context adds another layer of uncertainty. Demand for advanced chips linked to artificial intelligence has bolstered Korea’s trade outlook, but cyclical risks persist in other manufacturing segments, including petrochemicals and steel. At the same time, agricultural markets remain exposed to climate variability, which can amplify price swings and affect food security.
Market participants are closely monitoring whether the current producer price trend represents a stabilisation after last year’s weakness or the beginning of a more entrenched cost cycle. Some analysts argue that the semiconductor rebound is structural, underpinned by sustained capital expenditure in cloud infrastructure and next-generation devices. Others caution that technology demand can be volatile, and that inventory adjustments may re-emerge later in the year.
For policymakers, the composition of producer price growth is as important as the headline number. Increases concentrated in export-oriented sectors may bolster corporate earnings and investment, whereas broad-based gains across consumer-linked industries could signal renewed inflationary momentum. The central bank has indicated it will continue to assess data on prices, wages and growth before making any shift in its policy stance.
Businesses, meanwhile, face decisions on whether to absorb higher input costs or pass them on to customers. Large technology firms may have greater pricing power in global markets, but small and medium-sized enterprises, particularly in food processing and retail supply chains, operate on thinner margins.
North Korean state-backed hackers are exploiting global technology recruitment channels to plant malware, siphon intellectual property and generate covert revenue, according to multiple cyber security investigations tracking activity since 2022. The operations combine fake IT worker identities with booby-trapped job interviews, turning routine hiring processes into attack vectors aimed at software developers and technology firms. Security analysts say the campaigns form part of a broader strategy by […]
In Singapore’s unique multicultural landscape, dining is more than just a meal, it is a bridge between cultures. By securing official MUIS certification, Tim Hortons® strengthens its promise to provide a welcoming environment where every guest can gather with absolute peace of mind.
At Tim Hortons, we believe the best experiences are those that bring people together. Ramadan and Eid Al-Fitr are seasons defined by reflection, gratitude, and the spirit of sharing. We are honoured to receive this certification at such a meaningful time, allowing Tims to be a part of our guests’ festive traditions. Whether it is a cozy spot for Iftar or sharing our signature treats during Eid visits, we are delighted to be a part of your celebrations.
With the MUIS Halal seal, guests can now explore the full breadth of the Tim Hortons® menu, featuring a diverse array of flavours suited for both daily indulgence and festive hosting:
ideal for sharing during family gatherings and as gifts when visiting loved ones during communal Iftar gatherings and during the Hari Raya season.
The journey to MUIS Halal certification involved a comprehensive and rigorous audit of the entire Tim Hortons® operational ecosystem. This included a meticulous review of the supply chain, ingredient sourcing, and kitchen preparation processes. This achievement ensures that the high-quality standards Tim Hortons® is known for globally, are harmonized with the stringent religious and food safety requirements of MUIS.
As Tim Hortons® continues to expand its footprint across Singapore, where it currently operates 17 stores, this certification is a pillar for all future outlets. The brand looks forward to opening more doors across the island, ensuring that the “Tims” experience remains accessible to all Singaporeans.
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More than 40 million people across the eastern United States were under blizzard warnings as a powerful winter storm pushed towards the Atlantic seaboard on Sunday, threatening to dump up to two feet of snow and unleash fierce winds from the Mid-Atlantic to New England. Forecasters warned that the system, driven by a rapidly intensifying low-pressure area offshore, could rank among the most significant winter storms to […]
Sony Interactive Entertainment is closing Bluepoint Games, the Texas-based developer known for high-profile remakes and its work on God of War Ragnarök, resulting in the loss of around 70 jobs and marking another restructuring move within PlayStation Studios. The decision brings to an end a studio widely regarded for reviving classic titles for modern hardware. Bluepoint Games, founded in 2006 and based in Austin, built a reputation […]
ProShares’ first exchange-traded fund designed to hold tokenised cash instruments attracted roughly $17 billion in assets on its market debut, igniting speculation across digital asset markets about whether Circle had shifted part of the reserves backing its USDC stablecoin into the vehicle. The scale of the launch marked one of the largest first-day asset gatherings for a US-listed ETF and underscored the pace at which traditional asset […]
Cybersecurity analysts warn that operators linked to North Korea have expanded their assault on digital asset platforms, a year after a record-breaking breach at Dubai-based exchange Bybit exposed structural weaknesses across the sector. On 21 February 2025, attackers attributed by multiple governments and private security firms to Pyongyang stole about $1.46 billion in cryptoassets from Bybit, marking the largest confirmed theft in the history of the cryptocurrency […]
Arabian Post Staff -Dubai Dubai Aerospace Enterprise’s leasing arm is nearing an agreement to acquire a controlling stake in Macquarie AirFinance, signalling a significant shift in the global aircraft leasing market as investors seek to capitalise on tight jet supply and strong airline demand. Industry executives familiar with the discussions said Dubai-based DAE Capital is in advanced negotiations to take control of the leasing platform, which […]
A sophisticated cyber-espionage group known as Silver Fox has launched a fresh wave of targeted attacks against organisations in Taiwan, deploying advanced techniques designed to evade detection and disable security controls while delivering a remote access trojan known as Winos 4.0, also referred to by researchers as ValleyRat. Cyber security analysts tracking the activity say the campaign combines DLL sideloading with a method called Bring Your Own […]
Greenlogue/AP More than 40 manufacturing facilities have been awarded the Green Factory Seal by Bahrain’s Ministry of Industry and Commerce, marking a push to embed environmental standards and energy efficiency deeper into the kingdom’s industrial base. Officials said the certification recognises factories that meet benchmarks on resource conservation, waste reduction, emissions control and compliance with national environmental regulations. The scheme forms part of a broader strategy to […]
Hungary has threatened to block the European Union’s 20th package of sanctions against Russia, escalating tensions within the bloc as Budapest links its support to the resumption of Russian oil deliveries. The warning underscores deep divisions in Brussels over how far to push punitive measures against Moscow while safeguarding member states’ energy security. Prime Minister Viktor Orbán’s government has indicated it could withhold approval for fresh restrictions […]
XRP’s on-chain metrics have shown one of the sharpest capitulation events in its history, with realised losses reaching levels not seen since late 2022, according to multiple on-chain analytics platforms. The weekly tally of realised losses — the measure of holders selling at prices below their original acquisition cost — ballooned to approximately $1.93 billion, signalling heightened fear and broad selling across the market. That peak represents […]
Advantest Corporation, a leading supplier of semiconductor testing equipment, has disclosed that a ransomware attack has disrupted parts of its internal network, prompting containment measures and raising concerns across the global chip supply chain. The Tokyo-listed company said it detected unauthorised access to its systems on 15 February Japan Standard Time and swiftly moved to isolate affected servers. Several internal systems were taken offline as a precaution […]
Arabian Post Staff -Dubai Dubai’s Museum of the Future has welcomed more than five million visitors since opening its doors on 22 February 2022, marking a milestone that underscores its growing role as a global platform for innovation, science and cultural dialogue. Situated along Sheikh Zayed Road, the torus-shaped landmark has become one of the city’s most recognisable institutions, blending immersive exhibitions with research-driven initiatives. Officials said […]
Michael Saylor has indicated that his company could expand its already vast Bitcoin holdings, renewing debate over corporate exposure to the world’s largest cryptocurrency and reinforcing his long-standing conviction that digital assets will define what he calls the “Orange Century”. Saylor, executive chairman of MicroStrategy, now rebranded as Strategy, shared remarks on social media that were widely interpreted by market participants as a signal of further purchases. […]
Arabian Post Staff -Dubai Sharjah has announced architecture as the central focus of the 17th cycle of its Artistic Criticism Research Award, directing scholarly attention to the role of built spaces in Arab visual culture. The Secretariat of the Sharjah Award for Artistic Criticism Research confirmed that the new theme, “Architecture in Arab Visual Arts: Homes and Approaches”, will guide submissions for the upcoming edition. Organisers said […]
Urban smog and industrial emissions are amplifying the intensity of fire tornadoes in major wildfire zones, with scientists warning that polluted air is contributing to atmospheric conditions that favour the formation of violent, spinning columns of flame. Fire tornadoes, or “fire whirls”, arise when intense heat from large blazes interacts with unstable air, generating rotating updrafts that can stretch hundreds of metres high. While such phenomena have […]
Arabian Post Staff -Dubai Former title holders are set to cross paths at the Dubai Duty Free Tennis Championships after the official draw for the ATP 500 event produced a string of high-profile match-ups that promise a week of elite competition at the Dubai Duty Free Tennis Stadium. The men’s tournament, one of the most established stops on the ATP Tour’s Middle East swing, has again attracted […]
Arabian Post Staff -Dubai Rolling road closures will be enforced across parts of Abu Dhabi on Sunday afternoon as the UAE Tour concludes with its final stage, prompting authorities to advise motorists to plan ahead and expect delays. Abu Dhabi Police and the Integrated Transport Centre confirmed that temporary traffic diversions will be introduced along key corridors linked to the race route, with closures moving in tandem […]
