DIRS.INFO The most relevant business & tech news

CNN —Ugandan opposition leader Bobi Wine was arrested at Entebbe International Airport near the capital Kampala on Thursday as he returned to the country, according to his party the National Unity Platform. The National Unity Platform (NUP) said in a social media post that Wine was “violently arrested upon his return to Uganda. Opposition frontrunnerWine, a popstar-turned-politician whose real name is Robert Kyagulanyi, was the main opposition frontrunner in the presidential elections in January 2021 and lost to President Yoweri Museveni. Wine rejected the election results, saying he had evidence of fraud and intimidation. “The Security Agencies will take all necessary measures to ensure that individuals involved in illegal activities are arrested and brought before the courts of law.”

Persons: Bobi Wine, “, ”, Wine, Robert Kyagulanyi, Yoweri Museveni, Museveni, ’ Organizations: CNN, Wine, Uganda Police Force, Entebbe International, ” Police Locations: Entebbe, Kampala, Uganda, Magere

☆ Southeast Asia's first high-speed train – a boon or bust for Indonesia's economy?
▼ + stars: | 2023-08-31 | by ( Nyshka Chandran | ) www.cnbc.com time to read: +5 min

While it could improve overall economic and business productivity, those benefits may be overrun by Jakarta's soaring debt burden as project costs continue to mount. The 142-kilometre train linking Indonesia's capital to Bandung is expected to move at 350 kilometers per hour, driven by electricity with no direct carbon emissions expected during operations. However, escalating costs of the project could push up Indonesia's government debt and overshadow any short-term economic gains. Initially, the train was to be financed by PT Kereta Cepat Indonesia China — a consortium of companies from China and Indonesia tasked with building the rail project. In that scenario, money spent on the train would have been better spent on alternative investments like irrigation projects, he said.

Persons: Joko Widodo, Arief Anshory Yusuf, Jokowi, Sri Lanka's, Mao Ning, Mao, Yusuf Organizations: Bloomberg, Getty, Initiative, Indonesian, Bandung's Padjadjaran University, Australian National University, PT Kereta, Indonesia China —, KCIC, China Development Bank, Reuters, of Economic, Law Studies, Nurphoto, CNBC Locations: Indonesia, Jakarta, Bandung, Southeast Asia, Indonesian, Surabaya, Japan, Indonesia China, China, Entebbe, Beijing, IDR

Search resuls for: "Entebbe International"

2 mentions found