Ondo Finance drew fresh attention after Stockcoin. ai said its beta platform had gone live with AI-powered access to tokenised US stocks and stock-linked futures, a launch that placed Ondo’s on-chain equities infrastructure at the centre of another push to merge traditional markets with crypto rails. Social posts cited by search results from Ondo Finance described Stockcoin. ai as live for beta testing and positioned the service […]
Drift, one of Solana’s larger decentralised finance trading platforms, said it was facing an “active attack” on April 1 and moved to suspend deposits and withdrawals as hundreds of millions of dollars appeared to leave the protocol, deepening concern over operational security risks in crypto markets. The platform told users not to deposit funds and said it was working with security firms, bridges and exchanges to contain […]
Arabian Post Staff -Dubai Silver tumbled on Thursday, extending a volatile run in precious metals as higher oil prices, firmer Treasury yields and a stronger dollar pulled investors out of bullion. Spot silver was reported down about 4.6% on the day, while market data showed the metal trading near $72.31 an ounce and futures dipping to an intraday low around $70.35, leaving the market pressing against […]
Arabian Post Staff -Dubai Gold fell sharply on Thursday, but the viral claim that bullion had crashed below $4,600 and lost more than $1 trillion in market value in a single day appears to overstate what can be firmly confirmed from broad market data. By late trading, spot gold was quoted at $4,664.39 an ounce and US gold futures at $4,691.10, after a strong rebound a day […]
By Dr. Gyan Pathak By modifying its own order on April 1, 2026, to allow new documents to be submitted before the Tribunals established to hear appeal against deletion of names from the Final Electoral Roll of West Bengal, the Supreme Court of India has brought a new hope to the people whose names have […]
The article New Supreme Court Order Brings Hope For Deleted Electors In West Bengal appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).
Donald Trump’s administration is making a fresh attempt to draw U. S. oil companies into Venezuela, offering regulatory relief and political backing as Washington tries to turn the country’s vast crude reserves into a strategic and commercial prize. Yet the campaign is meeting resistance from executives wary of sinking billions into a battered industry still shadowed by political risk, legal uncertainty and years of neglect. The push […]
Chinese state-backed hackers have stepped up espionage operations against European government targets after shifting attention away from the region for much of the period after 2023, according to new threat intelligence that points to a sustained campaign aimed at diplomatic missions, NATO-linked networks and European Union institutions. Researchers tracking the activity said the actor known as TA416 returned to European targeting in the middle of 2025 and […]
Arabian Post Staff -Dubai Danube Properties has moved beyond its apartment-led playbook with the launch of Greenz by Danube, a master-planned townhouse and villa community in Dubai International Academic City, as developers race to capture demand for larger family homes even as caution is building around the wider property cycle. The project is the company’s first large-scale integrated community of this kind, with handover targeted for the […]
Berkeley Group is halting new land purchases and slowing construction, marking one of the sharpest signals yet that Britain’s housing recovery remains vulnerable to higher costs, planning friction and tighter development economics. The FTSE 100 housebuilder said the pressure from taxes, regulation and wider market uncertainty has made fresh land buying harder to justify, even as it tries to protect margins and preserve cash. The decision […]
A federal judge has ordered the Trump administration to stop work on a planned $400 million ballroom at the White House, ruling that such a major alteration cannot move ahead without approval from Congress. The order, issued on Tuesday by U. S. District Judge Richard Leon, marks the sharpest legal setback yet for President Donald Trump’s attempt to reshape one of the country’s most recognisable public buildings. […]
Arabian Post Staff -Dubai Copper prices climbed on Wednesday after US President Donald Trump said military action against Iran could end within two to three weeks, helping trigger a wider rebound across markets that had been hit by worries over energy shocks, inflation and weaker global growth. The move in the red metal tracked a broader shift towards riskier assets as investors responded to the prospect, however […]
Mistral has raised $830 million in debt financing to build a large AI computing hub near Paris, a move that places the French start-up at the heart of Europe’s effort to develop home-grown artificial intelligence infrastructure and rely less on overseas cloud providers. The funding, the company’s first debt raise, will be used to buy 13,800 Nvidia chips for a data centre at Bruyères-le-Châtel, south of the […]
President Donald Trump said the United States could end its military campaign against Iran within two to three weeks, offering the clearest indication yet that Washington is looking for an exit from a war that has shaken Gulf security, driven up energy costs and unsettled allies. Speaking at the White House on Tuesday, Trump said the US had gone far enough militarily and suggested responsibility for the […]
Pressure on the rupee is poised to intensify after the Reserve Bank of India ordered banks to sharply cut net open rupee positions in the onshore market, forcing a scramble to unwind large arbitrage trades that had linked domestic and offshore pricing. Bankers have warned that the adjustment could amplify volatility, strain treasury books and unsettle corporate hedging activity even as the central bank seeks to restore […]
Arabian Post Staff -Dubai Gold edged higher on Tuesday but remained on course for its sharpest monthly decline since October 2008, as investors weighed a powerful mix of delayed hopes for US rate cuts, a surge in energy prices linked to the Iran war and a stronger dollar through much of March. Spot gold was up about 3.2% at $4,652.31 an ounce by Tuesday, yet still showed […]
Federal prosecutors have charged a Maryland man with carrying out two 2021 attacks on Uranium Finance that drained more than $53 million from the decentralised crypto exchange, a case that is drawing fresh attention to long-running weaknesses in decentralised finance and to the growing ability of authorities to follow money through blockchain networks. The accused, Jonathan Spalletta, 36, of Rockville, Maryland, surrendered on March 30 after an […]
Nigeria has forfeited a potential revenue surge from elevated crude prices during the Iran war because it could not raise production enough to match the market opportunity, according to Dele Oye, chairman of the Alliance for Economic Research and Ethics, who said the lost upside could amount to about $20.2 billion a year. He argued that Brent’s climb far above Nigeria’s budget benchmark should have delivered a […]
Volvo Cars is moving towards tighter operational links with its Chinese parent group as chairman Li Shufu presses for closer co-operation across brands to cut costs and make better use of factory capacity in an industry weighed down by weak electric-vehicle demand, trade barriers and mounting price pressure. At Volvo’s annual general meeting, Li said the company should work more closely with sister marques including Polestar, Geely […]
Vessel traffic through the Strait of Hormuz has begun to edge higher for ships deemed acceptable by Tehran, but the Gulf’s main maritime chokepoint remains tightly controlled and effectively shut to most commercial operators without Iranian clearance. Tracking data cited by Bloomberg showed a gentle rise in signal-on transits, while Reuters and other maritime reports indicate that only a narrow stream of ships linked to countries Iran […]
Arabian Post Staff -Dubai Sharjah Islamic Bank is pressing ahead with a rights issue worth up to AED2.59 billion, or about $705 million, in a move designed to reinforce its capital base, fund balance-sheet expansion and preserve financial flexibility as the lender pushes for further growth. The bank said the offer will raise issued capital from about AED3.24 billion to as much as AED4.31 billion through the […]
Arabian Post Staff -Dubai Abu Dhabi Global Market has reported a 36 per cent rise in assets under management for 2025, capping a year in which the international financial centre also expanded its workforce by 51 per cent and lifted active licences to 12,671. The figures, released as ADGM marked its 10th year of operations, underline how strongly Abu Dhabi has been drawing global fund managers, banks […]
Rumah FABA Kreasi Muda serves as a production facility for concrete blocks and paving stones using Fly Ash and Bottom Ash (FABA) – non-hazardous by-products generated from Apical’s power plant – as alternative raw materials. These materials are processed into construction products that can support infrastructure development in the surrounding community.
In his remarks, PT SDO Head of General Affairs, M. Jaya Budi Arsa, said the initiative was introduced to strengthen economic independence in communities around the company’s operational areas. “We established Rumah FABA Kreasi Muda to create new business opportunities and support the economic independence of nearby communities. We hope this facility will help enhance residents’ skills and capacity to run sustainable businesses,” he said.
To support the programme’s implementation, Apical, a member of the RGE group of companies founded by Sukanto Tanoto, has provided assistance through the construction of the production facility, the supply of equipment and the provision of a steady supply of FABA as an alternative raw material. This support is intended to enable the community to carry out production in a structured manner while gradually developing independently managed businesses.
Lubuk Gaung Subdistrict Head Syafrianto, S.Sos., M.IP., noted that the Rumah FABA initiative has had a direct impact on youth engagement and local economic development. He also emphasised the importance of continued guidance to ensure the business can grow sustainably.
“Rumah FABA provides space for young people in Lubuk Gaung to take part in productive activities and access new job opportunities. Moving forward, ongoing support will be key to ensuring the business continues to grow and deliver long-term benefits,” he said.
Rumah FABA Kreasi Muda is expected not only to create employment opportunities but also to strengthen the community’s capacity to manage businesses independently. By repurposing available materials, the programme generates added value while promoting resource efficiency.
In line with Apical’s 5Cs business philosophy – doing what is good for Community, Country, Climate and Customer, and only then will it be good for the Company – the company aims to ensure that its operations deliver balanced benefits for society, the environment and long-term business sustainability.
Hashtag: #RGE #Apical #Palm #CommunityEmpowerment #Indonesia
The issuer is solely responsible for the content of this announcement.
Apical is a leading vegetable oil processor with an expanding global footprint. Our vertically integrated mid-stream refining and value-added downstream processing makes us an integral supplier that supports the needs of various industries namely food, feed, oleochemicals and renewable fuel, including sustainable aviation fuel (SAF) which enables a great reduction of CO2 emissions.
With integrated assets in strategic locations spanning Indonesia, China and Spain, Apical operates numerous refineries, oleochemical plants, renewable fuel plants and kernel crushing plants. Through joint ventures and strategic partnerships, Apical also has processing and distribution operations in Brazil, India, Pakistan, Philippines, Middle East, Africa, USA and Vietnam.
Apical’s growth is built on the foundations of sustainability and transparency, and motivated by our strong belief that we can contribute to a circular economy for a more meaningful impact, even as we continue to grow our business and deliver innovative solutions to our customers.
Arabian Post Staff -Dubai Oil prices eased in Asian trading on Tuesday after giving up earlier gains, as traders weighed a report that U. S. President Donald Trump had told aides he was willing to end the war with Iran even if the Strait of Hormuz remained largely closed for now, softening some of the market’s immediate fear of a broader supply shock. Brent crude for May […]
Arabian Post Staff -Dubai Dubai authorities were battling a fire aboard a Kuwaiti oil tanker on Tuesday after a drone struck the vessel in waters near Anchorage “E”, with officials saying no injuries had been reported and emergency teams were working under established maritime safety protocols. The incident unfolded off Dubai’s coast as maritime firefighting units moved to secure the tanker, contain the blaze and prevent any […]
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