Ether traded just above the $2,000 mark on Sunday, holding a level that traders have treated as a key psychological floor, while BitMine Immersion Technologies’ continued accumulation of the token added to a broader argument that institutional buyers still see value in the market after a bruising first quarter. The second-largest cryptocurrency by market value was priced at about $2,055 in Sunday trading, little changed on the […]
Cloudflare’s launch of EmDash has opened a fresh front in the struggle over the future of web publishing, landing at a moment when WordPress is already under pressure from courtroom battles, security criticism and questions over who gets to define the rules of the world’s biggest content management ecosystem. EmDash, presented by Cloudflare as a “spiritual successor” to WordPress, is being pitched as a modern, open-source alternative […]
Attackers behind the compromise of the widely used Axios package have widened their campaign, turning from code repositories to the people who maintain them and exposing how a single deceptive approach can threaten vast stretches of the software supply chain. Security researchers and the Axios maintainer’s own post-mortem show the March 31 breach was not an isolated package hijack but part of a co-ordinated social-engineering operation aimed […]
KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 5 April 2026 – Swiss Watch, Malaysia’s premier luxury timepiece and jewellery curator, has been appointed as the Purveyor of Fine Watches and Jewellery to His Royal Highness, the Sultan of Selangor. This prestigious seal of approval from the Royal family marks a truly historic milestone for Swiss Watch.
His Royal Highness, The Sultan of Selangor, with the Executive Directors of Valiram.
Proudly Malaysian, Swiss Watch has grown to become a cornerstone of the luxury watch and jewellery community in the region, collaborating closely with the world’s most esteemed maisons. This Royal Warrant is a testament to this journey, reflecting Swiss Watch’s unwavering dedication, its shared pursuit of excellence, and the sincere commitment of its network of Watch Experts.
“Our team has been instrumental in shaping Swiss Watch into a leading watch retailer in the region – we would not have come this far without their continuous contributions. This recognition is a momentous milestone in our ongoing journey in Celebrating Fine Watchmaking, and Swiss Watch is more committed than ever to continue creating exceptional experiences that celebrate the legacy of fine watchmaking,” said Ashvin Valiram, Executive Director of Valiram.
The recognition validates Swiss Watch’s position as a leader in luxury watch and jewellery retail, operating 10 Swiss Watch boutiques and more than 30 specialist boutiques across Malaysia, Singapore, Australia, and Thailand. Each boutique serves as a curated destination where discerning collectors can discover the world’s most renowned watch and jewellery maisons.
Swiss Watch has been given the Royal Warrant plaque by His Royal Highness, The Sultan of Selangor.
Established in 2001 by leading luxury and lifestyle retail specialist Valiram, Swiss Watch has built a distinguished heritage rooted in local excellence while maintaining global standards of luxury. The company’s journey began with its first boutique at Penang International Airport, featuring an extensive selection of 16 watch brands at that time, earning the company a spot as one of the most prestigious watch emporiums.
This recognition reinforces Swiss Watch’s philosophy of discretion, expertise, and service excellence — values that remain central to its identity as it continues to honour the art of horology for future generations.
The issuer is solely responsible for the content of this announcement.
About Swiss Watch
Swiss Watch began as a multi-brand emporium of luxury watches established by luxury and lifestyle retail specialist Valiram. The business has grown remarkably since its inception in 2001 and today comprises ten Swiss Watch boutiques, and more than 30 specialist watch and jewellery boutiques representing the world’s best-loved brands and a sizable portfolio of almost 40 brands across Malaysia, Singapore, Australia and Thailand. Swiss Watch has become synonymous with horology destinations that cater for watch enthusiasts and collectors as much as it does for the first-time watch buyer, offering a compelling shopper experience through elegantly appointed boutiques enriched by exceptional service. Discover more at swisswatchglobal.com.
By K Raveendran Passage of the Jan Vishwas amendment bill marks a significant moment in the long and uneven effort to make the legal system less hostile to ordinary citizens. Its importance lies not merely in the number of provisions it has altered, diluted or removed, but in the political and moral signal it sends. […]
Starting a business in Dubai is exciting. Running it means managing finances, taxes, and compliance alongside everything else. Most small business owners aren’t accountants. You need someone in your corner who is. The market for accounting services for small businesses in Dubai is crowded. Hundreds of firms compete for your business. Some are excellent. Others cut corners. Knowing what to look for saves you money and headaches. […]
Greenlogue/AP Parched hillsides and a sharply weaker winter rain pattern are putting Darjeeling tea under fresh strain, with planters warning that the famed first flush harvest is again under pressure and that the flavour profile underpinning the tea’s global prestige is becoming harder to preserve. Rainfall deficits across eastern and north-eastern parts of the country were severe through early February, and Darjeeling itself was reported to have […]
3Commas has launched QuantPilot, a new AI-driven crypto trading platform aimed at giving retail traders access to tools more commonly associated with quantitative desks, as competition intensifies among trading software providers seeking to simplify strategy design, market research and execution. The company said the product is now in early access, with a public waiting list open through quantpilot. com, and positioned it as a no-code system that […]
Tata Steel has been served with a demand notice of ₹17.55 billion by the District Mining Office in Ramgarh, Jharkhand, over alleged excess coal extraction at its West Bokaro Colliery, adding another legal challenge to the steelmaker’s long-running mining disputes in eastern India. The company said it received the notice on April 3, a day after the end of the financial year, and would contest it through judicial or quasi-judicial forums.
In its stock exchange disclosure dated April 4, Tata Steel said the notice, dated March 30, alleges extraction of about 162.4 million tonnes of mineral coal beyond permissible limits during the period from FY2000-01 to FY2006-07. The company said the demand had been framed on grounds similar to those examined by the Supreme Court in the Common Cause versus Union of India litigation, a landmark case that hardened official scrutiny of mining done beyond environmental or statutory limits.
The scale and vintage of the claim are striking. By reaching back more than two decades, the notice underscores how historical mining records, clearances and production caps remain exposed to reinterpretation by regulators long after the ore or coal has been extracted. For Tata Steel, which has spent years simplifying its structure and strengthening its balance sheet while managing volatile steel demand, the notice also revives a regulatory risk investors know well: mining-linked liabilities that can surface suddenly and run into hundreds or thousands of crores.
Tata Steel has taken a firm line in response. In its filing, management said the claim “lacks justification and substantive basis” and indicated it would pursue legal remedies. That wording suggests the company does not see the notice as an immediately payable liability, but as a disputed demand that will have to be tested through litigation or administrative review. Bloomberg, citing the company statement, reported the amount at about $189 million.
The case fits into a wider pattern. Tata Steel’s annual reports already describe other significant Jharkhand mining disputes, including older claims tied to alleged unlawful iron ore extraction after the expiry of lease renewals. In those disclosures, the company said a demand of ₹3,568.31 crore had been challenged before the Jharkhand High Court, while another ₹421.83 crore notice had also been disputed and partly paid under protest after transit permits were halted. Tata Steel said in that filing that it believed it was remote the state’s demand would ultimately survive.
That history matters because it shows the latest notice is not an isolated compliance issue but part of a broader tension between mining companies and state authorities over how production limits, lease terms and environmental permissions should be interpreted. The Common Cause rulings sharpened the legal and financial consequences of excess extraction, especially where production outstripped environmental clearance or statutory approvals. Courts and regulators have since shown a greater willingness to revisit older conduct and calculate compensation on a far more punitive basis than companies had anticipated years ago.
For Jharkhand, one of the country’s key mining belts, such claims carry a dual message. They show the state remains determined to pursue compensation linked to alleged over-extraction, while also signalling to miners that legacy operations are not beyond review. For the industry, the episode is another reminder that captive mines, often central to cost control for steelmakers, bring legal and policy exposure alongside raw material security. The business logic of owning mineral assets remains strong, but it comes with increasingly intense compliance scrutiny.
The timing is also notable. Tata Steel has faced other mining-related claims over the past year, including a demand from Odisha in July 2025 linked to mineral dispatch issues at the Sukinda Chromite Block. While the factual basis of that case differs from the West Bokaro matter, the accumulation of notices across jurisdictions suggests large resource companies remain under close watch from state mining departments even as policymakers push for higher domestic output of minerals and metals.
Microsoft has rolled out three first-party artificial intelligence models aimed at speech transcription, voice generation and image creation, stepping up its push to offer developers and companies a broader in-house alternative to rival tools. The new systems — MAI-Transcribe-1, MAI-Voice-1 and MAI-Image-2 — are available through Microsoft Foundry, while the company’s MAI Playground has opened access for trials in the United States. The launch puts the spotlight […]
Arabian Post Staff -Dubai Uber has launched a five-day promotion in the UAE offering 20 per cent off rides to selected destinations in Dubai and Abu Dhabi, in a campaign aimed at steering more residents and visitors towards local shopping, dining and cultural districts at a time when consumer-facing businesses are navigating softer momentum across the non-oil economy. The offer began on April 3 and runs until […]
Arabian Post Staff -Dubai Dubai authorities said on Saturday that no fire or injuries were reported after debris from an aerial interception struck the façade of a building in the Marina district, an incident that briefly pushed one of the emirate’s best-known residential and leisure zones into the expanding shadow of regional conflict. The update came through the Dubai Media Office, which said emergency teams responded after […]
Arabian Post Staff -Dubai Dubai has rolled out a Dhs1 billion economic incentives package aimed at easing pressure on businesses and households, with the measures taking effect from April 1 for a period of three to six months as the emirate seeks to cushion the fallout from regional instability and protect economic momentum. The package, approved by Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum in his […]
Staycations across the Northern Emirates and quieter destinations beyond Dubai and Abu Dhabi are gaining momentum as UAE residents rethink holiday plans amid flight disruption and wider uncertainty linked to the Iran war. Hotels in Umm Al Quwain, Hatta, Al Ain and parts of Fujairah have reported firmer domestic demand, with some properties saying residents are choosing short road trips over overseas travel during the Eid period […]
Wall Street’s rush to treat hyperscalers as the safest way to profit from artificial intelligence is running into a harder question: whether all that spending will generate returns fast enough to justify the cost. Microsoft, Amazon, Alphabet and Meta are pushing capital expenditure to extraordinary levels as they race to build data centres, secure chips and expand cloud capacity, but investors are facing a business model that […]
America’s labour market delivered a stronger headline performance in March, but the underlying picture still points to a jobs backdrop that remains exposed to shocks. Nonfarm payrolls rose by 178,000 and the unemployment rate edged down to 4.3 per cent, according to the Bureau of Labor Statistics, offering relief after February’s revised loss of 133,000 jobs. Yet the rebound was flattered by temporary factors, including the return […]
Arabian Post Staff -Dubai UAE equities ended Friday on a divided note as investors weighed the prospect of a wider Middle East conflict after U. S. President Donald Trump signalled that Washington could intensify attacks on Iranian infrastructure, a message that added to concern over energy supplies, shipping routes and regional risk appetite. Dubai’s main index fell, while Abu Dhabi’s benchmark edged higher, reflecting a market torn […]
A newly disclosed exploit chain in Progress ShareFile has raised fresh concern over the security of enterprise file-transfer systems after researchers showed that two critical flaws can be combined to seize control of vulnerable customer-managed servers without prior authentication. The vulnerabilities, tracked as CVE-2026-2699 and CVE-2026-2701, affect ShareFile Storage Zones Controller, the on-premises component used by organisations that keep files in their own infrastructure while relying on […]
Arabian Post Staff -Dubai Kingdom Holding Company has agreed to buy Prince Alwaleed bin Talal AlSaud’s stake in Breakthrough Energy Ventures for 255 million riyals, or about $68 million, in a deal that pushes the Riyadh-listed investment firm further into climate-focused venture capital while underlining the growing role of Gulf capital in technology bets beyond conventional energy. The company disclosed the transaction on 2 April and said […]
Japan’s retail earnings season has opened with a split verdict for two of its best-known consumer groups, as Fast Retailing, owner of Uniqlo, delivered stronger profit momentum while Seven & i Holdings, parent of 7-Eleven, continued to face weaker earnings and a more clouded outlook. The divergence has sharpened investor attention on how Japanese retailers are handling softer demand, overseas expansion and trade uncertainty. Fast Retailing […]
Dubai has moved to shore up business confidence with a fresh set of fee deferrals and administrative easings under a wider AED1 billion support package, as the emirate seeks to protect cash flow, sustain hiring and cushion sectors exposed to regional disruption. The measures, announced this week and effective from 1 April, cover hotels, holiday homes and businesses across the wider economy for periods of three to […]
JAKARTA, INDONESIA – Media OutReach Newswire – 3 April 2026 – Green SM Indonesia and Bank Central Asia (BCA) today announced the signing of a five-year investment loan agreement with a total value of IDR 600 billion, marking the formalization of a long-term financial partnership between the two parties.
Green SM Indonesia has officially signed a IDR 600 billion investment loan agreement with BCA, strengthening its long-term financial foundation and advancing sustainable urban mobility in Indonesia.
The agreement marks the next phase of cooperation between Green SM Indonesia and BCA, reflecting a shared commitment to supporting sustainable, well-governed business development in Indonesia’s urban mobility sector.
The investment loan facility is intended to support Green SM Indonesia’s operational readiness and service continuity. The facility provides a stable financial structure to underpin the company’s disciplined growth approach and support consistent service delivery across its existing urban operations.
The signing builds on earlier cooperation between the two parties, which began with Green SM’s market launch in Jakarta in December 2024. Since then, BCA and Green SM Indonesia have collaborated on customer-focused programs and initiatives to improve service accessibility and raise awareness of environmentally responsible transportation solutions. The transition from cooperation activities to a formal financing arrangement reflects the maturation of this partnership and BCA’s support in Green SM Indonesia’s operational model and governance standards.
The cooperation also reflects BCA’s broader role in supporting business sectors that are adapting to evolving urban development needs, including shifts toward more efficient and forward-looking mobility solutions.
Representing BCA, Mr. Denny Haryanto, SVP Corporate Banking BCA said: “This agreement reflects our approach to supporting businesses with a long-term outlook. Sustainable transportation is increasingly important to Indonesia’s urban development. Through this cooperation, we support initiatives that align with long-term economic resilience and environmental responsibility.”
Mr. Deny Tjia, Managing Director of Green SM Indonesia, said the agreement reflects trust built through consistent cooperation and shared values. “The investment loan agreement reflects recognition of the disciplined operating model and long-term development orientation that Green SM Indonesia has pursued since its early stages. The facility further strengthens the company’s financial foundation, supporting stable and consistent service delivery across the cities where it operates.”
Since commencing operations, Green SM Indonesia has established a presence in several major urban centers, including Jakarta, Makassar, Bekasi, Surabaya, and Bali. These cities face increasingly complex urban mobility requirements alongside rising expectations for cleaner, more responsible transport solutions. In the Indonesian market, Green SM provides all-electric taxi services that support routine urban travel while reducing emissions and noise. The company’s operating approach emphasizes reliability, professional service standards, and scalability aligned with city-level transport planning.
Through this agreement, Green SM Indonesia and BCA reaffirm their shared view that the transition to sustainable urban mobility requires not only electric vehicle technology but also sound financial structures, responsible governance, and long-term commitment. The investment loan agreement is a practical step to support that transition in Indonesia’s evolving mobility landscape.
Hashtag: #GreenSM
The issuer is solely responsible for the content of this announcement.
About GSM & Green SM
GSM (Green Smart Mobility) is the world’s first company to operate an all-electric ride-hailing service across multiple platforms. As a pioneer in sustainable transportation, GSM has built the foundation for a cleaner, smarter, and more responsible mobility model powered entirely by VinFast electric vehicles. GSM is committed to developing a future-ready mobility ecosystem and inspiring greener lifestyles in countries rapidly embracing sustainability.
Green SM is GSM’s official global brand, representing the company’s vision and values in every market it serves. In Southeast Asia, Green SM operates in Indonesia; under the name Xanh SM in Vietnam and Laos; and as Green GSM in the Philippines. Across all markets, the brand offers a refined travel experience with VinFast electric cars, professional drivers, and a service culture centered on safety and care.
Green SM represents progress toward a future where technology, the environment, and humanity advance together in harmony. The brand is committed not only to providing zero-emission transportation but also to fostering an environmentally conscious society in every market it serves.
Microsoft has unveiled a $10 billion investment plan for Japan running from 2026 to 2029, marking one of the company’s biggest artificial intelligence commitments in Asia and a major escalation from its earlier pledge in the country. The package, worth about 1.6 trillion yen, is aimed at expanding AI infrastructure, strengthening cyber defence cooperation with Tokyo and widening access to domestic cloud capacity for government agencies and businesses.
The announcement signals how sharply competition for AI infrastructure has intensified across Asia. Microsoft said the programme will focus on adding computing capacity inside Japan at a time when governments and corporations are demanding secure, local processing for sensitive workloads. Brad Smith, Microsoft’s vice-chair and president, disclosed the plan during a visit to Tokyo, where the company also set out training and security goals tied to the investment.
Under the plan, Microsoft intends to train one million engineers and developers by 2030, a figure that underlines the labour challenge facing Japan as it tries to scale AI use across the economy. The company is also expanding cybersecurity collaboration with the Japanese government, including work around threat intelligence and cybercrime prevention. Those elements give the package a dual purpose: commercial expansion for Microsoft and strategic support for a country that has made digital resilience and industrial competitiveness central to policy.
The new commitment builds on a smaller programme announced in April 2024, when Microsoft said it would invest $2.9 billion over two years to expand cloud and AI infrastructure in Japan, while also launching wider digital skilling efforts, opening its first Microsoft Research Asia lab in the country and deepening cooperation on cybersecurity. The latest package therefore appears less like a standalone move than the next stage of a longer campaign to lock in market share and policy relevance in one of Asia’s most advanced economies.
Japan offers Microsoft an attractive mix of high-value enterprise customers, a technologically sophisticated manufacturing base and a government that has been openly supportive of industrial uses for generative AI. Tokyo’s policy stance has increasingly favoured the deployment of advanced digital tools to lift productivity, offset labour shortages and bolster economic security. That political environment has made Japan a focal point for global technology groups seeking not just customers, but durable alignment with state priorities on data sovereignty and national resilience.
Market conditions also help explain the scale of the move. Reuters reported that around one-fifth of working-age people in Japan are now using generative AI tools, showing that adoption has advanced but remains well below leading global levels, leaving substantial room for growth. At the same time, labour projections point to a steep shortage of AI and robotics specialists by 2040, raising the stakes for corporate training programmes and local infrastructure investment. For Microsoft, that creates an opening to sell both computing capacity and the wider ecosystem needed to make AI usable at scale.
Partnerships with local players will be central to execution. Microsoft said it would work with firms including SoftBank and Sakura Internet to expand domestic AI computing capacity and provide more secure local access to Azure services. That matters in Japan, where demand from public institutions and regulated industries often hinges on where data is processed and how operational control is shared. Collaboration with established domestic groups may also help Microsoft navigate competitive pressure from rival cloud providers and home-grown digital infrastructure ambitions.
GitHub has been drawn into another cyber threat case after researchers uncovered a multi-stage malware campaign using malicious Windows shortcut files to target users in South Korea, with the code-hosting platform serving as a covert command channel in the infection chain. The operation relied on booby-trapped. LNK files, embedded decoding routines and PowerShell to pull down follow-on payloads, maintain persistence and move stolen data through attacker-controlled infrastructure […]