Today's Top 3 News: 10 Best Christmas Markets in Europe for a Magical Holiday Season

7 hours ago 11

November 23, 2025 | 08:58 pm

Illustration of Christmas Market. (Wikipedia)

TEMPO.CO, Jakarta - Tempo English compiled the top 3 news on Sunday, November 23, 2025. Here are the highlights: Taiwan Secures Hundreds of Millions in US Defense Contracts; Pertamina to Shed Several Subsidiaries in 2026, Which Ones Are Included?; 10 Best Christmas Markets in Europe for a Magical Holiday Season.

The following is the list of the top 3 news on Tempo English today:

1. Taiwan Secures Hundreds of Millions in US Defense Contracts

Taiwan has received a contract approval for the construction of the National Advanced Surface-to-Air Missile System (NASAMS) air defense system worth $698.94 million from the United States, according to a statement from the U.S. Department of Defense, as reported by Anadolu on Monday, November 17.

Washington has assigned Raytheon, a defense company under RTX, to produce equipment related to the system.

According to the statement, the NASAMS launcher units will be made in Tewksbury, Massachusetts, with a target completion date of February 28, 2031. This sale continues Washington's decision last year to approve three NASAMS units as part of Taiwan's $2 billion arms package.

According to a Focus Taiwan report, the Taiwan Ministry of Defense stated that NASAMS is capable of active surveillance, managing shooting operations, and integrating intelligence. Combined with the medium- and long-range air defense missiles they already have, the system can form a layered air defense network.

Click here to read more

2. Pertamina to Shed Several Subsidiaries in 2026, Which Ones Are Included?

Indonesia's state-owned energy giant PT Pertamina will begin streamlining several of its subsidiaries starting in 2026. The move is part of a broader government plan to consolidate Indonesia’s state-owned enterprises and improve efficiency, following President Prabowo Subianto’s directive.

Prabowo has assigned Danantara Asset Management to oversee the rationalization program, which aims to reduce the current network of nearly 1,000 state-owned enterprises and affiliated companies to about 200.

Agung Wicaksono, Pertamina’s Director of Transformation and Business Sustainability, said the company will consolidate several business lines to sharpen its focus on core energy operations and support national energy self-sufficiency.

Click here to read more

3. 10 Best Christmas Markets in Europe for a Magical Holiday Season

Stepping into the best Christmas market in Europe transforms the holiday season into a scene straight out of a storybook. With cobbled streets illuminated by warm festive lights, the scent of mulled wine drifting through the air, and seasonal treats filling every corner, destinations like Prague, Vienna, and Colmar await to wrap you in their seasonal magic.

Whether you're a European local or a curious global traveler, the 10 best Christmas markets in Europe curated by Vogue and Condé Nast Traveller are truly worth discovering.

1. Prague, Czech Republic

With few cities capturing the holiday spirit quite like Prague, it’s only natural for the city to earn its place among the best Christmas markets in Europe. Held in Old Town Square and Wenceslas Square, the holiday market has every step of yours not only framed by the fairytale-like silhouette of the Týn Church, but also filled with the aroma of traditional Czech dishes. Must-try treats include šunka and klobása.

Click here to read more

Click here to get the latest news updates from Tempo on Google News

Today's Top 3 News: Taiwan Secures Hundreds of Millions in US Defense Contracts

2 hari lalu