GENEVA: The Middle East war is undermining wages and working conditions way beyond the conflict region, the UN’s International Labour Organization said Monday. The ILO predicted in a report that the conflict could cost millions of jobs and see real wages fall in 2026 and 2027 with a particular risk for migrant workers who send…
![Malaysia better positioned than Asean peers, says MARC Ratings [WATCH]](https://assets.nst.com.my/images/articles/348B73DBBA5F22E2AB64422B3C85F7FE_low_6.jpg "Malaysia better positioned than Asean peers, says MARC Ratings [WATCH]")
KUALA LUMPUR: Malaysia is expected to be in a stronger position than several other Asean economies in managing the impact of the US-Israel-Iran conflict, although global economic pressures are likely to intensify in the coming months, according to MARC Ratings. Senior economist Kamal Zharif Jauhari said Malaysia’s lower reliance on energy imports gives it an…
Photo courtesy of Egypt’s Ministry of Transport The dry port, an inland intermodal terminal connected to seaports by road or rail, is located over an area of 133 acres on Egypt’s Mediterranean coast. It aims to serve the industrial zone in the area by facilitating trade, exports, imports, and reducing congestion of goods and…
Thousands of commuters were stranded as public transport operators blocked major roads into the capital, forcing many residents to walk long distances to work. Businesses in several parts of Nairobi remained shut, while many schools switched to online learning because of security concerns and transport disruptions. Police fired tear gas in…
Minister of Trade, Industry and Competition, Parks Tau, has revealed that South Africa’s membership of the World Trade Organisation (WTO) prevents it from terminating all coal exports to Israel. Tau, in reply to the EFF’s Carl Niehaus, said that South Africa exported 1.8-million tons of coal to Israel in 2025, equating to 2.6% of South…
GENEVA: The Middle East war is undermining wages and working conditions way beyond the conflict region, the UN’s International Labour Organization said Monday. The ILO predicted in a report that the conflict could cost millions of jobs and see real wages fall in 2026 and 2027 with a particular risk for migrant workers who send…
Israel’s seasonally adjusted unemployment rate edged up to 2.9% in April 2026 from 2.8% in the previous month, marking the highest level recorded since January. The non-seasonally adjusted unemployment rate also rose to 2.8% from 2.5% in March. At the same time, the number of unemployed individuals increased by 10,000 to reach 123,900. Meanwhile, the…
KUALA LUMPUR: Malaysia is expected to be in a relatively stronger position compared with several other Asean economies in managing the impact of the US-Israel-Iran conflict, although global economic pressures are likely to intensify in the coming months. Malaysian Rating Corporation Bhd (MARC Ratings) senior economist Kamal Zharif Jauhari said Malaysia’s relatively low dependence on…
This is apropos a letter to the Editor titled “Iran shattered the dream of ‘Greater Israel’” carried by the newspaper on Monday, Tuesday, Wednesday, Friday, Saturday and yesterday. Perhaps most importantly, the war transformed global narratives surrounding Israel itself. Around the world, criticism of Israeli policies intensified dramatically. Independent media, social platforms, academics, and even…
A major regional alert has been issued for the Middle East today, as Saudi Arabia leads the United Arab Emirates, Qatar, Egypt, Lebanon, Kuwait, Oman, and Jordan in deploying urgent defensive countermeasures. With reports suggesting that the United States and Israel are preparing potential military strikes against Iran as early as next week, regional capitals…
