Resilient economy keeps Malaysia competitive for investments, says Amir Hamzah

Malaysia’s Economic Resilience: Navigating Global Headwinds Despite ongoing global uncertainties, particularly stemming from the conflict in the Middle East, Malaysia is demonstrating remarkable economic resilience. Finance Minister II, Datuk Seri Amir Hamzah Azizan, recently affirmed the nation’s strong position to continue growth and attract investment. This confidence is underpinned by a robust economic performance in … Read more

Philippines adopts four-day work week for selected executive offices amidst Middle East crisis

President Ferdinand Marcos Jr. Announced a series of measures on March 6, 2026, designed to mitigate the economic impact of the ongoing crisis in the Middle East on the Philippines. Government Response to Rising Costs Effective March 9, 2026, a four-day work week will be implemented in some executive offices. However, this temporary measure will … Read more

White House denies US military escorted tanker in Hormuz after deleted post | US-Israel war on Iran News

Strait of Hormuz Confusion: White House Walks Back Energy Secretary’s Claim of Navy Escort A flurry of conflicting statements from US officials regarding the security of oil tankers passing through the Strait of Hormuz has raised questions about the administration’s strategy in the region. Energy Secretary Chris Wright initially posted, then quickly deleted, a claim … Read more

Israeli attacks on Iran fuel sites aim ‘to break resilience of people’ | Climate Crisis

Tehran Ablaze: The Escalating Environmental and Economic Costs of the Iran-Israel Conflict Images emerging from Tehran paint a grim picture: apocalyptic fires raging at fuel depots, thick black smoke choking the city, and streets coated in soot. The recent strikes by Israel and the United States, ostensibly targeting military and government sites, are increasingly impacting … Read more

Rocket Lab satellites draw questions amid US-Iran conflict

Rocket Lab and the Militarization of Space: A New Zealand Dilemma Rocket Lab, the New Zealand-founded aerospace company, is increasingly at the center of a debate surrounding the growing militarization of space. While New Zealand officials maintain a commitment to the peaceful use of space, Rocket Lab’s expanding contracts with the U.S. And U.K. Defense … Read more

Kiwi transit passengers stranded in Dubai face hotel costs despite UAE promise

Dubai Airport Chaos: A Glimpse into the Future of Travel Disruption The recent drone strikes impacting Dubai International Airport, one of the world’s busiest travel hubs, aren’t an isolated incident. They represent a worrying trend: increasing vulnerability of critical infrastructure to asymmetric attacks, and the cascading effects on global travel. Passengers, like a Kiwi father’s … Read more

Iran war is latest threat to a global economy rattled by Trump | Business and Economy News

The Economic Ripple Effects of Conflict in the Strait of Hormuz The ongoing conflict involving the United States, Israel, and Iran is sending tremors through the global economy, with the potential for significant disruption centered around the Strait of Hormuz. This vital waterway, responsible for approximately 20% of the world’s oil supply, has become a … Read more

Transport operators warn of consumer goods price rises as diesel spikes up 44c a litre in one day

Middle East Conflict Fuels NZ Fuel Price Worries: What’s Coming Down the Line? Recent Zealanders are bracing for higher prices at the pump, and beyond, as the conflict in the Middle East continues to disrupt global supply chains. Recent days have seen diesel prices spike by 44 cents a litre, and economists warn petrol could … Read more

Missiles fired by US, Israel hit two schools near Tehran: Iranian media | Conflict News

Escalating Conflict: US and Israel Intensify Attacks on Iran, Raising Fears of Wider War Recent missile strikes attributed to the United States and Israel have targeted locations within Iran, including reported damage to schools in Parand, southwest of Tehran. These attacks follow a previous strike on a girls’ school in Minab, resulting in the deaths … Read more

Dubai war chaos: Kiwi couple spend $60,000 fleeing as flights cancelled

Escalating Middle East Crisis: Travel Chaos and Financial Strain for Those Fleeing Conflict The recent US-Israeli strikes targeting Iranian Supreme Leader Ayatollah Ali Khamenei have unleashed a wave of retaliatory attacks across the Middle East, creating a volatile situation for residents and travelers alike. Beyond the geopolitical ramifications, the conflict is causing significant disruption to … Read more