Business

    – Asian Terminals, Inc. (ATI), the Philippine port operator partnered with DP World, has secured a 25-year renewal of its concession to operate and develop Manila South Harbour. The renewed agreement with the Philippine Ports Authority (PPA) will run from

    – Abu Dhabi has broken into the world’s top 15 leading maritime cities for the first time, ranking 15th in the 2026 Leading Maritime Cities report. The biennial report is jointly published by DNV and Menon Economics. The emirate climbed

    – Southeast Asia needs $7.1 trillion in infrastructure investment through 2040 to support growth, strengthen energy security and build connected, resilient economies, the Asian Development Bank said. The estimate comes from a new report, The $7 Trillion Challenge: Building Tomorrow’s

    – Ghana’s parliamentary Minority has challenged the government to show how it will raise the US$10 billion needed for its New Economy programme. The caucus wants a full financing plan published before the 2027 Budget is presented. Dr Mohammed Amin

    – Samsung Electronics is set to become the first South Korean company to hold more than 200 trillion won ($146.6 billion) in cash assets, lifted by an AI-driven chip supercycle. Its cash and short-term financial assets are estimated at 214.8

    – The General Agreement for the GCC Railway Project was signed in Bahrain on Sunday, on the sidelines of the 31st meeting of the GCC Ministerial Committee on Transport and Communications. The signing was attended by Prince Salman bin Hamad