
Indonesia Grants Brazil, Turkey Visa-Free Entry in Tourism Push
The decision, effective immediately under a new immigration regulation, grants visitors from the two countries 30-day visa waivers for travel related to tourism, business and medical treatment, Acting Director General of Immigration Yuldi Yusman said in a statement Thursday.

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Yahoo
38 minutes ago
- Yahoo
Stranded UK F-35 jet becomes unexpected star in Indian tourism campaign
India's southern state of Kerala has found a unique ambassador to promote its coconut palm-lined beaches, backwaters and vibrant culture to tourists - a British F-35 fighter jet that has been stranded there since mid-June. The Royal Navy aircraft was forced to make an emergency landing at the airport of the state capital Thiruvananthapuram on June 14 and has been grounded ever since, despite efforts to repair it. An AI-generated image of the stealth aircraft parked on the tarmac surrounded by coconut trees has gone viral after it was shared by Kerala's tourism department on Wednesday. 'This was part of our tourism campaign. It has been one of the most innovative and eye-catching ones… It's all in good humour and creativity,' Biju K., Kerala's tourism secretary, told Reuters. In the viral social media post, originally created by entertainment website The Fauxy, the jet can be seen giving the state of Kerala five golden stars, calling it 'an amazing place'. 'I don't want to leave. Definitely recommend,' the image quotes the jet as saying. 'Though tourism is under the government, it has moved out of government space in promoting the destination,' said Roy Mathew, director of Stark Communications, the tourism department's brand promotion agency. Kerala is among India's most popular tourist destinations, and markets itself with the tagline 'God's own country'. Last year, 22.2 million tourists visited the state. It boasts natural beauty along India's south-western coastline and a rich heritage of classical dances, temple festivals and vibrant cuisine. The Indian Air Force said last month it would help in the repair and return of the F-35, which made an emergency landing on June 14 when it was flying over the Arabian Sea off Kerala's coast. A British High Commission spokesperson told Reuters the UK had accepted an offer to move the aircraft to the Maintenance Repair and Overhaul facility at the airport. The jet will be moved to the hangar once engineering teams arrive from the UK with specialist equipment, the spokesperson added. The Royal Navy did not immediately respond to a request for comment. UK's Minister for the Armed Forces Luke Pollard said in Parliament on Monday that a Royal Air Force crew were in Thiruvananthapuram and working with Indian counterparts.
Yahoo
40 minutes ago
- Yahoo
Do Its Financials Have Any Role To Play In Driving Supreme Consolidated Resources Berhad's (KLSE:SUPREME) Stock Up Recently?
Supreme Consolidated Resources Berhad's (KLSE:SUPREME) stock is up by a considerable 29% over the past three months. As most would know, fundamentals are what usually guide market price movements over the long-term, so we decided to look at the company's key financial indicators today to determine if they have any role to play in the recent price movement. Particularly, we will be paying attention to Supreme Consolidated Resources Berhad's ROE today. Return on equity or ROE is an important factor to be considered by a shareholder because it tells them how effectively their capital is being reinvested. In other words, it is a profitability ratio which measures the rate of return on the capital provided by the company's shareholders. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. The formula for ROE is: Return on Equity = Net Profit (from continuing operations) ÷ Shareholders' Equity So, based on the above formula, the ROE for Supreme Consolidated Resources Berhad is: 9.4% = RM11m ÷ RM114m (Based on the trailing twelve months to March 2025). The 'return' is the profit over the last twelve months. That means that for every MYR1 worth of shareholders' equity, the company generated MYR0.09 in profit. View our latest analysis for Supreme Consolidated Resources Berhad We have already established that ROE serves as an efficient profit-generating gauge for a company's future earnings. We now need to evaluate how much profit the company reinvests or "retains" for future growth which then gives us an idea about the growth potential of the company. Generally speaking, other things being equal, firms with a high return on equity and profit retention, have a higher growth rate than firms that don't share these attributes. When you first look at it, Supreme Consolidated Resources Berhad's ROE doesn't look that attractive. Yet, a closer study shows that the company's ROE is similar to the industry average of 9.9%. Even so, Supreme Consolidated Resources Berhad has shown a fairly decent growth in its net income which grew at a rate of 11%. Taking into consideration that the ROE is not particularly high, we reckon that there could also be other factors at play which could be influencing the company's growth. Such as - high earnings retention or an efficient management in place. As a next step, we compared Supreme Consolidated Resources Berhad's net income growth with the industry and found that the company has a similar growth figure when compared with the industry average growth rate of 11% in the same period. The basis for attaching value to a company is, to a great extent, tied to its earnings growth. It's important for an investor to know whether the market has priced in the company's expected earnings growth (or decline). Doing so will help them establish if the stock's future looks promising or ominous. If you're wondering about Supreme Consolidated Resources Berhad's's valuation, check out this gauge of its price-to-earnings ratio, as compared to its industry. Supreme Consolidated Resources Berhad has a three-year median payout ratio of 41%, which implies that it retains the remaining 59% of its profits. This suggests that its dividend is well covered, and given the decent growth seen by the company, it looks like management is reinvesting its earnings efficiently. Additionally, Supreme Consolidated Resources Berhad has paid dividends over a period of six years which means that the company is pretty serious about sharing its profits with shareholders. On the whole, we do feel that Supreme Consolidated Resources Berhad has some positive attributes. With a high rate of reinvestment, albeit at a low ROE, the company has managed to see a considerable growth in its earnings. While we won't completely dismiss the company, what we would do, is try to ascertain how risky the business is to make a more informed decision around the company. Our risks dashboard would have the 3 risks we have identified for Supreme Consolidated Resources Berhad. — Investing narratives with Fair Values Suncorp's Next Chapter: Insurance-Only and Ready to Grow By Robbo – Community Contributor Fair Value Estimated: A$22.83 · 0.1% Overvalued Thyssenkrupp Nucera Will Achieve Double-Digit Profits by 2030 Boosted by Hydrogen Growth By Chris1 – Community Contributor Fair Value Estimated: €14.40 · 0.3% Overvalued Tesla's Nvidia Moment – The AI & Robotics Inflection Point By BlackGoat – Community Contributor Fair Value Estimated: $384.84 · 0.2% Overvalued View more featured narratives — Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
Yahoo
an hour ago
- Yahoo
Stockholm seeing a huge increase in Canadian travellers in July: Skyscanner trending destination
Entering the height of summer travel, Canadians are looking to Sweden for their July vacations. Information provided to Yahoo Canada from Skyscanner revealed that there has been a 79 per cent month-over-month increase in flight bookings from Canadian cities to Stockholm. From the inviting Swedish culture to a large number of museums, shopping destinations and it's picturesque scenery, Stockholm is one of the most endearing cities to travel to. And July is a particularly perfect time to enjoy the Swedish capital. Search for your next vacation on Skyscanner Stockholm is a city that has both historical charm, while also and leaning into modern design. Additionally, summer temperatures are staying at a particularly comfortable level for many visitors in July. "With long daylight hours and temperatures sitting comfortably in the low 20s, July is an ideal time to explore Stockholm's island-dotted cityscape," Laura Lindsay, Skyscanner's travel trends and destinations expert highlighted. "The Swedish capital is at its most lively this time of year, with locals and visitors flocking to open-air cafes, waterfront parks, and music festivals that make the most of the sunshine." "The pastel buildings of Gamla Stan, the city's Old Town, feel like a storybook come to life, while neighbourhoods like Södermalm showcase the minimalist architecture and thoughtful urban planning that Scandinavian cities are known for. Every corner offers a contrast between old-world character and contemporary style, creating a rich visual experience for visitors." Using Skyscanner search data, roundtrip flights from Toronto to Stockholm in July can currently be found for as low as $961. Flights from Vancouver to Stockholm currently start at $1,180, or $1,004 from Montreal. Check Skyscanner for up-to-date, live pricing for all flights. Search for your next vacation on Skyscanner To really get into the Swedish culture, travellers should participate in a Swedish fika, where you take a break with a coffee and sweet treat, engage in conversation and have a bit of a pause in the day. "No visit to Stockholm is complete without slowing down for a fika," Lindsay stated. "Many cafés in Stockholm offer an authentic fika experience, giving visitors a chance to enjoy a local tradition while soaking up the laid-back summer atmosphere." There are so many great cafés in Stockholm, but Komet is particularly delicious, so is Stora bageriet. For museum lovers, Stockholm has a lot to offer, including some unique experiences like the ABBA museum. "It's a great stop for anyone who grew up with their music or just wants a lively activity between exploring the city's historic sites," Lindsay highlighted. "The exhibits are playful and well-curated, making it an easy highlight for both families and solo travellers." There is also the Junibacken museum featuring everything Pippi Longstocking and the Vasa museum with a preserved 17th-century warship. Stockholm has some incredible shopping, so as you're biking through the city or taking a stroll through Kungsträdgården, make sure to take a look in some local shops. Stockholm is home to the popular brands like Acne Studios, Filippa K and the accessories brand Liffner. For beauty lovers, Cow Parfymeri has a great collection of makeup, skincare, hair and other beauty products that are hard or impossible to find in Canada, while the Swedish brand L:a Bruket makes the best lip balms you will ever try. Of course, you need to try Swedish meatballs when you travel to Sweden, and Meatballs For the People in Stockholm is a great choice, with a variety of different options to choose from. Hotel Frantz is a great option for a stay in Stockholm, from its location to the incredibly aesthetic rooms, it's sure to be a hit. The building's history goest back to 1647 and the most recent renovation really preserved the historic features of the property, but that also means there isn't an elevator to get to your room. The hotel's restaurant is certainly worth trying, specifically the morning breakfast buffet is one of the best you'll ever have, including cardamom buns, cakes, local cheeses and breads. The Grand Hôtel in Stockholm will provide the true five star hotel experience, overlooking Stockholm's old town. The property also features a luxurious spa and fitness area, and you can take in the beautiful waterfront view at the Veranda restaurant. The NOFO Hotel is a particularly chic property, located in the Södermalm area of Stockholm. The interior is inspired by travel memories from owners Marie and Glenn Tammemägi, and there is a beautiful courtyard and a popular wine bar at the hotel. Skyscanner has a number of features to make sure you save as much as possible on your vacation. Take advantage of the "Saved" feature. Start by browsing all the travel deals and when you see something you like, you can save it for later. Step 1: Find your flights and hotel. Step 2: Select the heart icon next to your top picks to save them for later. Make sure you're logged into your Skyscanner account. Pro tip: Download the Skyscanner app to create separate Saved lists for all the different trips you're planning. If flight costs are getting you down, there are a few things Canadian travellers can do to ensure they're getting the best deal possible for their next vacation, both on the Skyscanner platform specifically and when looking for flights more generally. Beat the crowds: For flights that are filling up fast, you'll want to make sure you're looking at the monthly view on travel search sites like Skyscanner to see the best possible option available for flight dates. Set up alerts: Prices are always changing, so if you're hoping to travel to a specific destination, or on specific dates, set up a price alert so you can be quick if a deal comes up. Skyscanner specifically has a price alerts system for any cost changes. Consider "Everywhere": If you're hoping for a new adventure, or a little rest and relaxation, but you don't have a specific destination in mind, the "Everywhere" search on Skyscanner may be your new best friend to discover the most affordable vacation destination possible. Flexible dates: There may be certain times where you need to travel for specific dates, but the best deals are really revealed when you open yourself up to some flexibility. Even changing your travel dates by a day, or a week, can result in significant savings.