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The levy will be set based on the volume of SAF needed to achieve the targets and projected prices of the fuel. Singapore plans to impose the levy from 2026, according to The Straits Times.
Japanese stocks are maintaining a record-breaking run this week, bolstering expectations that the central bank will soon end its negative interest rates policy that has weakened the yen and lured overseas investors.
The controversy was sparked by a viral post on X, formerly known as Twitter, by journalist Arnab Ray, who posted screenshots of the chatbot’s response to “Is Modi a fascist?” Gemini replied that Modi was “accused of implementing policies some experts have characterised as fascist”.
EVs currently account for around 5 per cent of India’s automobile market, but that figure is projected to grow to 40 per cent by 2030, at which point EV revenues will reach US$100 billion annually, according to a report by US consultancy giant Bain & Co published in December.
Therefore, the disconnect between the two things appears bizarre.
A missile attack by Houthi rebels on a Belize-flagged ship has dashed hopes for an end to the shipping logjam between Asia and Europe just as freight rates were stabilising, with retail consumers expected to bear higher costs.
India’s GMR Group had proposed a contract to give the government 33.3 per cent of its revenues. Despite the lower figure, it was seen as a front-runner for its ability to maintain the long-term business viability of operating the airport.
Singapore and Hong Kong are facing challenges in their bid to become Asia’s cryptocurrency finance capital following the debut of Bitcoin Exchange Traded Funds (ETFs) in the United States last month.