26 8 月, 2022

Sarawak Consolidated Industries Berhad Posts RM26.2 Million Revenue in 4Q

KUCHING, MALAYSIA, Aug 26, 2022 - (ACN Newswire via SEAPRWire.com) - Civil engineering specialist Sarawak Consolidated Industries Berhad (SCIB) today announced that the Company recorded revenue of RM26.2 million for the fourth quarter ended 30 June 2022 mainly due to higher sales volume of foundation piles from the manufacturing division.Group Managing Director and Chief Executive Officer of SCIB, Encik Rosland bin OthmanFor the quarter under review, the Company registered a loss before tax (LBT) of RM45.9 million mainly due to net impairment loss in trade and other receivables of RM18.0 million as well as expenditure incurred in various project-related activities of RM25.0 million from the engineering, procurement, construction and commissioning (EPCC) division.For the financial year ended 30 June 2022, the Company registered revenue of RM128.4 million and a LBT of RM52.0 million. There are no comparisons for the quarter and full financial year as the Company has changed the financial year-end from 31 December as previously announced to Bursa Malaysia Securities Berhad on 24 May 2021.Group Managing Director and Chief Executive Officer of SCIB, Encik Rosland bin Othman, said, "We are cautiously optimistic as the domestic economy continues to improve with the 8.9% growth year-on-year for the second quarter ended 30 June 2022. The announcement of the RM50.0 billion MRT3 project and the continuation of other large civil infrastructure projects is also contributing positive impacts to the construction sector and businesses like ours as we will certainly leverage on our manufacturing and EPCC expertise to seek opportunities.""We have made inroads into Peninsular Malaysia focusing on small to mid-sized projects and we are exploring opportunities in Indonesia for the construction of 4G telecommunications infrastructure as well as how we can leverage our manufacturing facilities for the new Indonesian capital at Nusantara in Kalimantan. SCIB will continue to seek projects in Sabah and Sarawak in which RM5.2 billion and RM4.6 billion were allocated respectively under Budget 2022. We are also exploring the use of technologies such as the 3D printing system and automation as part of the next phase of growth in the construction industry."As of 30 June 2022, SCIB has an order book of RM1.52 billion with earnings visibility until 2026.Sarawak Consolidated Industries Bhd: 9237 [BURSA: SCIB], http://scib.com.my Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)

19 8 月, 2022

Champion REIT Announces 2022 Interim Results

HONG KONG, Aug 19, 2022 - (ACN Newswire via SEAPRWire.com) - Champion Real Estate Investment Trust (Stock Code: 2778), the owner of Three Garden Road and Langham Place, announces its financial results for the six months ended 30 June 2022.Summary of financial results 1H 2022 1H 2021 ChangeTotal Rental Income (HK$ million) 1,196 1,260 - 5.0%Net Property Income (HK$ million) 1,044 1,137 - 8.2%Distributable Income (HK$ million) 704 790 - 10.9%Distribution per unit (HK$) 0.1064 0.1197 - 11.1% 30 Jun 2022 31 Dec 2021 ChangeGross Value of Portfolio (HK$ million) 64,761 65,296 - 0.8%Net Asset Value per unit (HK$) 8.15 8.25 - 1.2%Gearing Ratio 22.3% 22.9% - 0.6ppOverview As Hong Kong saw an overwhelming surge of the highly transmissible Omicron variant in early 2022, tenants under the Trust also experienced substantial disruptions in their operations in the first half of the year. Amid the fifth wave of the COVID-19 pandemic, the already subdued office and retail leasing activities were further dampened due to prolonged and tightened social distancing measures imposed by the government since early January. While we observed signs of recovery in tenants' sales and footfall after the relaxation of social distancing measures in the middle of the second quarter, the income of the Trust in the interim period was inevitably affected. Distributable income fell 10.9% to HK$704 million (2021: HK$790 million) and distribution per unit ("DPU") dropped by 11.1% to HK$0.1064 (2021: HK$0.1197). Three Garden Road Responding to the more contagious Omicron variant, tenants in Three Garden Road reversed to adopting the work-from-home arrangement more widely. Occupancy of the property was affected by relocation and downsizing of tenants, falling to 83.8% as at 30 June 2022. Total rental income of the property was HK$689 million (2021: HK$735 million). Langham Place Office Tower The higher average occupancy in the first half of 2022 compared with last year offset the impact of negative rental reversion, resulting in a growth of 1.6% in rental income to HK$181 million (2021: HK$178 million). Occupancy stood at 94.5% as at 30 June 2022. Langham Place Mall The mall remained fully occupied as at 30 June 2022 notwithstanding the difficult operating environment of the retail market. But retailers by and large stayed cost cautious with their plans to renew leases or open new stores. Total rental income decreased by 6.0% to HK$326 million (2021: HK$347 million). Distribution Distributable income fell 10.9% to HK$704 million (2021: HK$790 million) and DPU for the six months ended 30 June 2022 was HK$0.1064 (2021: HK$0.1197). Based on the closing unit price of HK$3.49 as at 30 June 2022, the total DPU represented an annualised distribution yield of 6.1%.Asset Value The appraised value of the Trust's properties decreased slightly to HK$64.8 billion as at 30 June 2022, compared with HK$65.3 billion as at 31 December 2021.SustainabilityWith the post-COVID-19 new normal unfolding, we responded nimbly with a series of initiatives to offer timely assistance to our valuable stakeholders. Contributing to climate resilience, we continued to devote efforts to optimize the efficiency of the properties through amenity upgrades, and wider use of sustainable resources and technologies. We are delighted to report that we are making progress weaving sustainability into the fabric of the Trust's operation in our efforts to achieve our 2030 Environmental, Social and Governance (ESG) targets. Outlook The progressive easing of social distancing measures and the new round of the Consumption Voucher Scheme are expected to provide support to the retail sector in the second half of the year. However, the overall recovery path of the economy remains uncertain in view of geopolitical tensions and global inflation as well as the ongoing cross-border travel controls and quarantine requirements. The business performance of the Trust remains challenging against the backdrop of volatile market conditions and potential global economic recession. We will continue to take a prudent approach towards acquisition opportunities arising in the slowing economy and the turbulent periods ahead. We will also leverage stakeholder collaboration to cement our unwavering commitment to sustainable development.About Champion REIT (Stock Code: 2778)Champion Real Estate Investment Trust is a trust formed to own and invest in income producing office and retail properties. The Trust focuses on Grade A commercial properties in prime locations. It currently offers investors direct exposure to nearly 3 million sq. ft. of prime office and retail floor area. These include two Hong Kong landmark properties, Three Garden Road and Langham Place, as well as joint venture stake in 66 Shoe Lane in Central London. Since 2015, the Trust has been included in the Constituent of Hang Seng Corporate Sustainability Benchmark Index of Hang Seng Indexes.Website: www.championreit.com For press enquiries:Strategic Financial Relations LimitedVicky Lee Tel: 2864 4834 Email: vicky.lee@sprg.com.hk Christina Cheuk Tel: 2114 4979 Email: christina.cheuk@sprg.com.hk Yvonne Lee Tel: 2864 4847 Email: yvonne.lee@sprg.com.hk Website: www.sprg.com.hk Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)

29 7 月, 2022

Mazda Production and Sales Results for June 2022 and for January through June 2022

HIROSHIMA, Japan, Jul 29, 2022 - (JCN Newswire via SEAPRWire.com) - Mazda Motor Corporation's production and sales results for June 2022 and for January through June 2022 are summarized below.I. Production1. Domestic Production(1) June 2022Mazda's domestic production volume in June 2022 increased 1.3% year on year due to increased production of passenger vehicles.[Domestic production of key models in June 2022]CX-5: 35,989 units (up 1.3% year on year)CX-30: 7,152 units (up 9.3%)MAZDA3: 6,589 units (down 39.6%)(2) January through June 2022Mazda's total domestic production volume in the period from January through June 2022 decreased 20.7% year on year due to decreased production of passenger vehicles.[Domestic production of key models in the period from January through June 2022]CX-5: 161,963 units (down 8.6% year on year)MAZDA3: 38,027 units (down 36.1%)CX-30: 31,484 units (down 19.1%)2. Overseas Production(1) June 2022Mazda's overseas production volume in June 2022 increased 16.5% year on year due to increased production of passenger vehicles.[Overseas production of key models in June 2022]CX-30: 12,398 units (up 9.2% year on year)MAZDA3: 7,847 units (up 13.2%)MAZDA2: 4,503 units (up 15.2%)(2) January through June 2022Mazda's total overseas production volume in the period from January through June 2022 decreased 12.9% year on year due to decreased production of passenger and commercial vehicles.[Overseas production of key models in the period from January through June 2022]CX-30: 60,140 units (down 4.4% year on year)MAZDA3: 46,242 units (down 4.3%)MAZDA2: 24,068 units (down 10.1%)II. Domestic Sales(1) June 2022Mazda's domestic sales volume in June 2022 increased 21.4% year on year due to increased sales of passenger vehicles.Mazda's registered vehicle market share was 4.7% (up 1.6 points year on year), with a 1.8% share of the micro-mini segment (unchanged) and a 3.5% total market share (up 0.9 points).[Domestic sales of key models in June 2022]CX-5: 1,937 units (up 64.6% year on year)MAZDA2: 1,935 units (up 115.5%)CX-30: 1,413 units (up 2.8%)(2) January through June 2022Mazda's domestic sales volume in the period from January through June 2022 decreased 12.6% year on year due to decreased sales of passenger and commercial vehicles.Mazda's registered vehicle market share was 5.0% (up 0.2 points), with a 1.9% share of the micro-mini segment (unchanged) and a 3.8% total market share (up 0.1 points year on year).[Domestic sales of key models in the period from January through June 2022]CX-5: 15,481 units (up 24.3% year on year)MAZDA2: 11,771 units (down 7.7%)CX-30: 8,163 units (down 29.9%)III. Exports(1) June 2022Mazda's export volume in June 2022 decreased 8.4% year on year due to decreased shipments to North America, Oceania and other regions.[Exports of key models in June 2022]CX-5: 31,761 units (up 7.7% year on year)CX-30: 5,578 units (up 57.9%)MAZDA3: 4,905 units (down 49.6%)(2) January through June 2022Mazda's export volume in the period from January through June 2022 decreased 25.4% year on year due to decreased shipments to North America, Europe, Oceania and other regions.[Exports of key models in the period from January through June 2022]CX-5: 143,004 units (down 11.0% year on year)MAZDA3: 30,186 units (down 44.2%)CX-9: 24,959 units (down 20.2%)IV. Global Sales(1) June 2022Mazda's global sales volume in June 2022 decreased 36.8% year on year due to decreased sales mainly in the U.S., China, Europe and other regions.[Global sales of key models in June 2022]CX-5: 19,146 units (down 43.3% year on year)CX-30: 14,424 units (down 28.2%)MAZDA3: 11,416 units (down 44.8%)(2) January through June 2022Mazda's global sales volume in the period from January through June 2022 decreased 22.0% year on year due to decreased sales mainly in the U.S., China, Europe and other regions.[Global sales of key models in the period from January through June 2022]CX-5: 181,662 units (down 13.2% year on year)MAZDA3: 94,282 units (down 22.9%)CX-30: 89,380 units (down 24.8%) Copyright 2022 JCN Newswire. All rights reserved. (via SEAPRWire)

16 6 月, 2022

Toyota: Adjustments to Domestic Production in June and July

Toyota City, Japan, Jun 16, 2022 - (JCN Newswire via SEAPRWire.com) - We at Toyota would like to again apologize for the repeated adjustments to our production plans due to the parts shortage resulting from the spread of COVID-19, and for causing considerable inconvenience to our customers who have been waiting for the delivery of vehicles, suppliers, and other parties concerned.We have decided to suspend operations at some of our domestic plants from June 17 (Friday) due to low attendance caused by a COVID-19 outbreak at one of our suppliers, and a shortage of parts supply caused by a production equipment defect at another supplier. The suspension plan this time is in addition to the recent announcement (Adjustments to domestic production in June).As a result of those suspensions, the number of units affected will be approximately 40,000 and the global production plan for June is revised to be approximately 750,000 units from the original plan (approx. 800,000 units). The production forecast for the fiscal year remains unchanged (approx. 9.7 million).The global production plan for July will be announced at a later date.As it remains difficult to look ahead due to the shortage of semiconductors and the spread of COVID-19, there is a possibility that the production plan may be lower. However, we will examine the parts supply closely to minimize sudden decreases in production, and continue to make every effort possible to deliver as many vehicles to our customers at the earliest date.For the suspension schedule of domestic operations in June and July, please visit the link: https://global.toyota/en/newsroom/corporate/37473329.html Copyright 2022 JCN Newswire. All rights reserved. (via SEAPRWire)

10 6 月, 2022

ApexBrasil Joins Hands with Inter-American Development Bank and the Federal Government of Brasil to Organise 5th Brasil Investment Forum

SHANGHAI, Jun 10, 2022 - (ACN Newswire via SEAPRWire.com) - Brazilian Trade and Investment Promotion Agency ("ApexBrasil") joins hands with Inter-American Development Bank and the Federal Government of Brasil to organize the 5th Brasil Investment Forum ("BIF" or the "forum"), the largest foreign investment forum in Latin America, from 14 June 2022 to 15 June 2022, presenting numbers of high-quality investment opportunities and highlighting the evolution of the business environment in Brasil. The forum will bring together Brazilian federal and state government authorities as well as CEOs from leading multinationals. Various keynote presentations and discussions would be staged on BIF, covering a variety of hot topics including latest business environment in Brasil, innovative business models, equity investment initiatives, and movements in global value chains. During the forum, Brazilian authorities and global business leaders will also exchange views on the investment trends in certain strategic sectors, such as agribusiness, infrastructure, energy, real estate, innovation and information technology. BIF not only features high-level panel discussions with government representatives and global business leaders, but also serves as a platform for public and private projects in Brasil to attract foreign investments and build stronger business network. Due to the COVID-19 pandemic, BIF will be in a hybrid format this year, with limited number of participants in-person. Several panels, authorities, executives from leading multinationals, and experts from various sectors, will be streamed with simultaneous translation into Portuguese and English. Participants will also be able to establish business connections and interact with potential economic partners in Brasil through the virtual booth. The networking platform will be made available to registrants ahead of the forum. Please find more details of BIF and make your free registration via the link below.Brasil Investment Forum (BIF) 2022Date and Time: June 14, 2022 - from 9am to 6pm (Brasilia time)June 15, 2022 - from 9am to 12:30pm (Brasilia time)Language: Portuguese and EnglishRegistration link: https://www.brasilinvestmentforum.com/br/en.htmlParticipation fee: Free Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)

27 5 月, 2022

Toyota Announces Adjustments to Domestic Production in June

Toyota City, Japan, May 27, 2022 - (JCN Newswire via SEAPRWire.com) - We at Toyota would like to again apologize for the repeated adjustments to our production plans due to the parts shortage resulting from the spread of COVID-19, and for causing considerable inconvenience to our customers who have been waiting for the delivery of vehicles, suppliers, and other parties concerned.We recently announced the suspension of operations at some domestic plants in Japan in May/June and the global production plan for June (May/June Production Suspension and June Production Plan). Due to the impact of the lockdown in Shanghai, we have further decided to suspend operations at some of our domestic plants for the week of June 6 (Monday).The number of units affected by this additional suspension is approximately 50,000 units. As a result of this review, the global production plan for June is expected to be approximately 800,000 units (approx. 200,000 units in Japan and approx. 600,000 units overseas).The average global production plan from June through August is around 850,000 units per month and 9.7 million units for the full period of Fiscal Year 2023. Although it is very difficult to estimate the current supply situation of parts due to the ongoing lockdown in Shanghai, and there is a possibility that the production plan may be lower, we will do our utmost to minimize the sudden decrease in production while closely examining the parts supply.As it remains difficult to look ahead due to the shortage of semiconductors and the spread of COVID-19, we will continue to make every effort possible to deliver as many vehicles to our customers at the earliest date.For the full details, visit: https://global.toyota/en/newsroom/corporate/37388014.html. Copyright 2022 JCN Newswire. All rights reserved. (via SEAPRWire)

24 5 月, 2022

Toyota Announces May/June Production Suspension and June Production Plan

Toyota City, Japan, May 24, 2022 - (JCN Newswire via SEAPRWire.com) - We at Toyota would like to again apologize for the repeated adjustments to our production plans due to the parts shortage resulting from the spread of COVID-19, and for causing considerable inconvenience to our customers, suppliers, and other parties concerned.The global production plan for June is approximately 850,000 units (250,000 units in Japan and 600,000 units overseas). Due to the impact of semiconductor shortages, we have adjusted our production plan by tens of thousands of units globally from the number provided to our suppliers at the beginning of the year.The average global production plan from June through August is around 850,000 units, and 9.7 million units for the full period of fiscal year 2023. The shortage of semiconductors, spread of COVID-19 and other factors are making it difficult to look ahead, but we will continue to make every effort possible to deliver as many vehicles to our customers at the earliest date.Due to parts supply shortages caused by the lockdown in Shanghai, we have decided to suspend operations in May and in June. The following is the suspension schedule of domestic operations in May and in June.For more information, visit https://global.toyota/en/newsroom/corporate/37370481.html. Copyright 2022 JCN Newswire. All rights reserved. (via SEAPRWire)

29 12 月, 2021

Esprit Revitalized with Series of Exciting Developments in the Pipeline

HONG KONG, Dec 29, 2021 - (ACN Newswire via SEAPRWire.com) - ESPRIT HOLDINGS LIMITED ("Esprit", "the Company" or "the Group"; HKEx: 00330) is pleased to announce that it has several exciting developments in the pipeline, which clearly hints at the return of the "Esprit" brand to the Asian market. After relocating its headquarters back to Hong Kong earlier this year, the Group is delighted to announce the appointment of its new Chief Product Officer ("CPO"), Mr. Sang Langill ("Mr. Langill"), who joined the Company in September 2021, spurring the creation of a series of new capsule collections and adjusting the Group's strategy to focus on its e-commerce expansion. For the six months ended 30 June 2021 ("the Period"), during which time the Group underwent a number of operational changes, Esprit recorded a turnaround from loss to profit for the first time since the annual results for the year ended 30 June 2017, highlighting the success of its ongoing restructuring activities. Unaudited profit attributable to the shareholders of the Company was approximately HK$121 million, as compared with the unaudited loss attributable to the shareholders of the Company of approximately HK$3,661 million for the prior corresponding period. This positive result was partly due to the stringent cost control measures implemented by the Group, as well as a significant reduction in losses for exceptional items and the improvement in sales, particularly from its e-commerce channels.Additional noteworthy financial highlights for the six months ended 30 June 2021 (unaudited) include: 1. EBIT turned positive to HK$164 million, a substantial improvement in performance reversing the HK$3,119 million LBIT for the comparable six months period ended 30 June 2020. EBIT margin was reported at 4.2%;2. Net profit attributable to shareholders for the six months ended 30 June 2021 was reported at HK$121 million with net profit margin of 3.1%, reversing the HK$3,661 million net loss for the comparable six months period ended 30 June 2020; and 3. Inventories as at 30 June 2021 was reported at HK$1,249 million, representing 1.2% reduction compared with HK$1,265 million reported as at 30 June 2020, and 32.3% reduction compared with HK$1,845 million reported as at 30 June 2019 as a result of rationalisation of inventory management efforts.Adhering to the Group's motto - "We want to make you feel good to look good" - Esprit has continuously been enhancing its products in terms of design and quality, focusing on apparel that last longer and in turn, are more environmentally friendly and sustainable. Having developed into a brand coveted by people around the world, Esprit is now excited to announce that it will be launching a series of new capsule collections throughout 2022 via omnichannel. The pieces in these collections are not just apparel products; they have been lovingly designed around themes infused with Esprit's DNA, ultimately aiming to ignite a sense of nostalgia with the customer and to evoke memories of love, joy and happiness that they shared with Esprit. By focusing on the brand's story back in the late 70s through the 90s, the team hopes to bring its colorful heritage and successes into the modern age, reminding customers of Esprit's long history as a leader in fashion, encouraging them to feel the same way that its designers do about the brand and their creations.The limited edition capsule pieces have been curated and designed by members from garment and product design, merchandising, branding, and concept to consumer teams, located in different regions including Germany, Seoul, New York, Los Angeles, and, last but not least, Hong Kong. Together, these teams form Esprit's global design hub, led by the Company's CPO, based in Hong Kong. Mr. Langill says, "I am excited and honoured to be part of a brand with such a strong heritage. Furthermore, I am impressed by the passion and dedication exhibited by the teams throughout all our regions. I am confident that our love and passion for Esprit will be reflected in our upcoming collections."Going forward, e-commerce will be Esprit's key strategic pillar for its global ambitions. The Group is now looking into leveraging its e-commerce partnerships and expansion of its own proprietary direct-to-consumer e-commerce platform to accelerate this growth driver in Asia. Meanwhile, the Group is also accelerating its first-party data capture and smart use of data to increase brand awareness and strengthen customer loyalty.Ms. CHIU Christin Su Yi, Chairman, concluded, "Sang will take on the global leadership of the product and merchandising side of the business. I have great confidence and expectations for Sang and his team to introduce new innovation and creativity to Esprit's product offering to not only drive sales but to also help our brand better engage with customers in a meaningful way."Please look out for the many more exciting developments to come!About ESPRITFueled by the vision of essential positivity, Esprit was founded in California by couple Susie and Doug Tompkins in 1968. Inspired by the revolutionary spirit of the 60s, the brand developed a clear philosophy - always celebrating real people and togetherness, in line with the brand's promise: "We want to make you feel good to look good". The success story of Esprit is based on two pillars: Delivering joy every day through laid-back tailored, high quality essentials and carefully selected fashion-forward pieces while staying true to its core values of sustainability, equality and freedom of choice. Example: In the early 90s, long before "Eco Fashion" became fashionable, Esprit debuted its first "ecollection" made of 100% organic cotton and featured its own team instead of models in honor of their "Real People Campaign."Keeping this spirit alive since day one, today Esprit has a presence in more than 30 markets around the globe. The Group has been listed on the Hong Kong Stock Exchange since 1993, and Esprit's global headquarters is located in Hong Kong. Copyright 2021 ACN Newswire. All rights reserved. (via SEAPRWire)

1 12 月, 2021

Employment rate of seniors rose at a faster pace to 31.7%: MOM

SINGAPORE - The employment rate of seniors rose at a faster pace this year, to above pre-pandemic levels, buoyed by efforts to raise their employability, the Ministry of Manpower (MOM) said on Wednesday (Dec 1). Among Singapore residents aged 65 and over, the employment rate rose to 31.7 per cent in June this year, up from 28.5 per cent a year ago, MOM's advance annual labour market report showed. The employment rate of seniors this year surpassed the pre-Covid-19 rate of 27.6 per cent in 2019. The news comes after it was announced on Nov 1 that the retirement age for Singapore workers will be progressively raised to 65 years old under the law, with the re-employment age going up to 70, to support older Singaporeans who wish to continue working to do so. The increased employment is supported by sustained efforts to raise the employability of seniors, such as the Senior Worker Early Adopter Grant, which provides funding support of up to $125,000 to progressive employers who are willing and able to implement higher internal retirement and re-employment ages above the prevailing statutory ages. Employment rates rose across different demographic groups, reflecting economic recovery and measures supporting employment, said MOM. The employment rate of youth aged 15 to 24 rose from 30.9 per cent in June last year to 37.2 per cent in June this year, due to more students taking on part-time or temporary work on the side. For residents aged 25 to 64, the employment rate rose from 80.3 per cent in June last year to 81.8 per cent in June this year. The improvement was across both genders - from 87.9 per cent to 88.9 per cent for men, and from 73.2 per cent to 75.1 per cent for women. The number of residents on permanent employment also grew, by 50,900, with 88 per cent of resident employees being permanently employed. The proportion of employees on fixed-term contracts stood at 8.4 per cent, an increase from the 7.3 per cent in June last year. This was due to the increased demand for temporary manpower for Covid-19-related activities and economic uncertainty. The increase was also driven by the rise in residents on contracts of less than one year. The resident long-term unemployment rates held steady at 0.8 per cent for professional, managerial, executive, and technical jobs (PMETs), and dipped to 0.9 per cent for non-PMETs after increasing last year. More on this topic Related Story Incomes of S'pore residents rose above pre-Covid-19 levels though moderated by higher inflation: MOM Related Story Affordable healthcare, job security and economy on the minds of older adults in S'pore The non-seasonally adjusted unemployment rate for resident non-PMETs improved, from 6.4 per cent in June last year to 5.1 per cent in June this year. The unemployment rate for resident PMETs also edged down, from 3.5 per cent to 3.4 per cent. However, the rates have yet to return to pre-Covid-19 rates. The elevated long-term unemployment rate compared with pre-Covid-19 suggests that some workers who were displaced earlier faced challenges in their job search, said MOM. Meanwhile, the resident time-related under-employment rate eased from 4.1 per cent in June last year to 3.5 per cent in June this year, though it remains above pre-Covid-19 rates. Most groups experienced improvements, including the lower-educated and older workers, who were more affected last year. The suspension of dine-in services and in-person tuition and enrichment classes during the heightened alert period led to time-related under-employment rates in June this year being the highest in the food and beverage services and education. The rates were also higher than pre-Covid-19 levels. More on this topic Related Story S'pore pay rises set to rebound to 2019 levels next year: Survey Related Story Tech programme launched to transform HR sector, boost job redesign efforts

2 10 月, 2021

Women’s review: Empowering women to make choices, and enabling those decisions, is key

SINGAPORE - When a panellist at a conference on equality for women in June said that she once overheard a man lamenting the hiring of a woman who was "so prolific at having children", her anecdote drew both outrage and surprise. It has been more than 50 years since the People's Action Party (PAP) government aggressively promoted gender equality to boost the economy, and women now make up 41.76 per cent of the workforce. But such "locker room talk" is not unusual, said Dr Juliana Chan, chief executive of Wildtype Media Group at the Institute of Policy Studies' Women's Conference. Please subscribe or log in to continue reading the full article. Get unlimited access to all stories at $0.99/month Latest headlines and exclusive stories In-depth analyses and award-winning multimedia content Get access to all with our no-contract promotional package at only $0.99/month for the first 3 months* Subscribe now *Terms and conditions apply.

26 8 月, 2021

Hektar REIT 2Q Revenue up 4.5%

KUALA LUMPUR, Aug 26, 2021 - (ACN Newswire via SEAPRWire.com) - Hektar Asset Management Sdn. Bhd., the Manager of Hektar Real Estate Investment Trust ("Hektar REIT"), today announced the second quarter results ended 30 June 2021 ("2Q 2021"). Hektar REIT recorded revenue of RM25.71 million, which is 4.5% higher than the RM24.60 million recorded in the same quarter of the preceding year.Hektar REIT Summary of Financial Results for 2Q21 (unaudited)Net property income meanwhile was RM10.21 million, a decrease of 14.8% compared to the RM11.97 million recorded in 2Q 2020. The reported decline was in line with other retail and hospitality REITs affected by the pandemic due to the implementation of various Movement Control Orders and mobility restrictions. Realized income for 2Q 2021 was 5.2% higher at RM1.58 million compared to the RM1.50 million recorded in 2Q 2020. Earnings per unit ("EPU") of 0.34 sen was recorded for the second quarter.While the operating landscape continues to be challenging for the retail industry due to the prolonged COVID-19 pandemic, Hektar REIT is hopeful that the situation will gradually normalize and consumer sentiment will recover as the high vaccination rates among the population continue. The move by the Government to allow certain non-essential businesses to resume operations from 16 August 2021 while adhering to the standard operating procedures ("SOPs") to curb the virus will give some breathing space to these businesses that have been badly affected and not allowed to operate since May 2021.Hektar REIT remains cautious as daily infection rates continue to be high but view the introduction of vaccination for retail frontliners under the Retail Industry Vaccination Programme (RiVAC) as critical to the eventual full reopening of the industry. RiVAC is important for the safety of retail staff as well as safeguarding public health for those who have daily interactions with the public. The REIT will continue to monitor the situation while adhering to all SOPs and have implemented measures to ensure the business sustainability of the REIT as well as its tenants.The outlook for Hektar REIT, as with the rest of the retail REITs, depends on the stabilization and recovery of consumer sentiment, which continues to be affected due to prolonged lockdowns along with other mobility restrictions. Retail Group Malaysia has also recently revised sales growth for the industry downwards to 4.0% for the whole year from 4.1% previously, which was also a downward revision from 4.9% released earlier in the year.The Government should continue to find the right balance to accelerate the reopening of all economic sectors, which would kick-start economic recovery and enable employers to save and create more jobs whilst ensuring that the healthcare system is able to cope. It would also increase the confidence of businesses and consumers to boost the local economy, in line with the new Government's focus on achieving two main objectives, i.e. raising the purchasing power of citizens and to return the private sector to its role as the country's main driver of economic growth.Hektar REIT remains committed to fulfill its obligation to ensure that all the business activities are performed to high standards of Environmental, Social and Governance (ESG). Various energy utilization and optimization initiatives since 2017 have been put in place for all of its shopping malls, resulting in a significant reduction in greenhouse gas emissions (recorded as CO2e) and energy usage over the last five years. From 2017 to June 2021, the CO2E avoided was 14.3 million kg, equivalent to saving 369,368 trees. Overall, the Building Energy Intensity ("BEI") for the portfolio is also on a declining trend. Hektar REIT is a constituent member of the FTSE4Good Bursa Malaysia Index and in its latest June 2021 evaluation, its ESG conduct has been recognized with a 3-star ESG rating by FTSE Russell.Contact:Hakim Juraimih.juraimi@swanconsultancy.biz Copyright 2021 ACN Newswire. All rights reserved. (via SEAPRWire)

19 8 月, 2021

Hua Medicine Announces 2020 Interim Results

SHANGHAI, CHINA, Aug 19, 2021 - (ACN Newswire via SEAPRWire.com) - Hua Medicine (the "Company", Stock Code: 2552.HK), today announces the consolidated results of the Company and its subsidiaries for the six months ended June 30, 2021 (the "Reporting Period"). During the Reporting Period, the New Drug Application (NDA) of the first glucokinase activator (GKA) dorzagliatin, has been accepted by The Center for Drug Evaluation (CDE) of the China National Medical Products Administration (NMPA) and has become the first GKA globally to submit a NDA for the treatment of diabetes. During the Reporting Period, the Company incurred approximately RMB165.1 million in total expenditures, of which approximately RMB98 million was research and development expenses. As of June 30, 2021, the Company's cash position was approximately RMB846.9 million, to be used for the commercialization of dorzagliatin and innovative drug R&D.In the first half of 2021, Hua Medicine reached a breakthrough milestone in preparing for dorzagliatin's commercialization. The Company submitted the NDA for dorzagliatin, the first-in-class oral drug for the T2DM in March 2021 and was accepted by NMPA on April 23, 2021. To accelerate the potential launch of dorzagliatin, the Company is actively preparing for the review and approval of the relevant clinical, production and R&D on-site inspection. In anticipation of dorzagliatin commercialization, subject to approval of its NDA, in addition to its CMO partnerships, Hua Medicine has also established Hua Medicine drug manufacture company at Shanghai Lingang Special Area for ensuring adequate dorzagliatin commercial supply. Hua Medicine has also made remarkable achievements in clinical R&D. In June 2021, the Company presented the latest clinical research analysis data of dorzagliatin at the 81st American Diabetes Association (ADA) Annual Scientific Sessions. Clinical trial HMM0111, dorzagliatin in combination with sitagliptin (a DPP-4 inhibitor), demonstrated clear synergistic effects. Dorzagliatin regulates GLP-1 release and insulin secretion in T2D patients, and in combination with sitagliptin, increases circulating active GLP-1. The results strongly demonstrate the clinical value of dorzagliatin in combination with DPP-4 inhibitors.During the research and development of dorzagliatin, Hua Medicine was the first to put forward the scientific concept of "repair the sensor, restore homeostasis, and treat the underlying cause of diabetes" globally, as well as realize the potential of this drug, new mechanism of action, new targets, new structures, new technology and new clinical benefits. Dorzagliatin sets out to target the fundamental cause of T2D, and through clinical trials, has demonstrated that dorzagliatin significantly improves beta-cell function and reduces insulin resistance by repairing the damaged glucokinase sensor function in diabetic patients with T2D. It is expected to potentially control the progression of T2D and has therapeutic prospects in patients with diabetic nephropathy (DKD).In the second half of the year, the Company will initiate research on the combination of dorzagliatin with existing antidiabetic drugs, including dorzagliatin in combination with dapagliflozin (a SGLT-2 inhibitor), insulin and GLP-1, to explore new opportunities in the areas of diabetic nephropathy, metabolic syndrome diabetes, advanced diabetes, and diabetes cognitive impairment. The Company will also initiate clinical research in the United States for Type 1 diabetes patients. In the future, the Company plans to further advance its fixed-dose combination pipeline for dorzagliatin for the treatment of diabetes and related diseases."In the first half of 2021, Hua Medicine made important achievements in clinical research and development, while pushing forward on commercialization preparations. Hua Medicine's commercialization team is taking shape, and has established closer corporation with Bayer, which has strengthened Hua Medicine's confidence in curing diabetes in the future. With dorzagliatin as a cornerstone, in combination with existing drugs, Hua Medicine will systematically and precisely treat diabetes and control the occurrence and development of diabetic complications, contributing to Healthy China 2030." said Dr. Li Chen, founder, CEO and CSO of Hua Medicine.Clinical and Commercialization Highlights:-- In March 2021, the Company submitted the NDA for dorzagliatin for the treatment of T2D to NMPA, which was accepted by the NMPA in April 2021.-- Presented the 52-week data of two Phase III registration clinical trials, the SEED trial (dorzagliatin monotherapy trial) and the DAWN trial (dorzagliatin combined with metformin) at the 2021 ADA Annual Scientific Sessions. The Company also reported data of the clinical trial HMM0112 (dorzagliatin in combination with empagliflozin).-- Presented data of clinical trial HMM0111 (dorzagliatin in combination with sitagliptin) at the 2021 ADA Annual Scientific Sessions, demonstrating that dorzagliatin regulates secretion of endogenous GLP-1.-- In anticipation of dorzagliatin commercialization, subject to approval of its NDA, in addition to its CMO partnerships, Hua Medicine has also established Hua Medicine drug manufacture company at Shanghai Lingang Special Area for ensuring adequate dorzagliatin commercial supply.Financial Highlights: For the year ended June 30, 2021-- Cash position was approximately RMB846.9 million as of June 30, 2021.-- Total expenditures incurred by the Company for the six months ended June 30, 2021 was approximately RMB165.1 million, of which approximately RMB98.0 million was attributable to research and development expenses. Research and development expenses decreased by approximately RMB14.3 million or approximately 12.7% to approximately RMB98.0 million for the six months ended June 30, 2021, compared with the six months ended June 30, 2020.-- Loss before tax decreased by approximately RMB8.2 million or approximately 4.7% to approximately RMB165.3 million for the six months ended June 30, 2021, compared with the six months ended June 30, 2020. -- Loss and other comprehensive expense for the period decreased by approximately RMB8.4 million or approximately 4.8% to approximately RMB165.3 million for the six months ended June 30, 2021, compared with the six months ended June 30, 2020.About DorzagliatinDorzagliatin is an investigational first-in-class, dual-acting glucokinase activator, designed to control the progressive, degenerative nature of diabetes by restoring glucose homeostasis in patients with Type 2 diabetes. By addressing the defect of the glucose sensor function of glucokinase, dorzagliatin has the potential to restore the impaired insulin and GLP-1 secretion of patients with Type 2 diabetes and serve as a cornerstone therapy targeting the root cause of the disease. Two Phase III registration trials for dorzagliatin monotherapy and the combination of dorzagliatin and metformin have been completed in China, as well as studies on drug mechanism synergy with sitagliptin (DPP-4 inhibitor) and empagliflozin (SGLT-2 inhibitor). The Company has obtained the "Drug Manufacturing Permit" of dorzagliatin issued by the Shanghai Municipal Drug Administrative Bureau, and has submitted its NDA to the National Medical Products Administration, so as to realize the "First in Global, Start from China" mission objective for the benefit of diabetic patients worldwide.About Hua MedicineHua Medicine is a leading, innovative biotechnology company in China focused on developing novel therapies for diseases with unmet medical needs. Founded by an experienced group of entrepreneurs and international investment firms, Hua Medicine advanced a first-in-class oral drug for the treatment of T2DM into NDA stage and it has successfully completed two Phase III registration trials in China for dorzagliatin. The Company has initiated product life-cycle management studies of this novel diabetes therapy and advanced its use in personalized diabetes care. Hua Medicine is working closely with disease experts and regulatory agencies in China and across the world to advance diabetes care solutions for patients worldwide.Forward-looking StatementThis article contains the statements regarding the future expectation, plan and prospects for Hua Medicine and the investigational product. The forward-looking statements made in this article relate only to the events or information as of the date on which the statements are made in this article. Except as required by law, we undertake no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events. You should read this article completely and with the understanding that our actual future results or performance may be materially different from what we expect as a result of various risks, uncertainties or other legal requirements.For more informationHua MedicineWebsite: www.huamedicine.comInvestorsEmail: ir@huamedicine.comMediaEmail: pr@huamedicine.comPorda Havas International Finance Communications GroupMr. Bunny Lee +852 3150 6707 bunny.lee@pordahavas.comMs. Louisa Chen +86 75523807432 louisa.chen@pordahavas.comMs. Karen Chiu +852 3150 6726 karen.chiu@pordahavas.comMs. Winnie Tan +852 15915975512 winnie.tan@pordahavas.com Copyright 2021 ACN Newswire. All rights reserved. (via SEAPRWire)

29 7 月, 2021

Mazda Production and Sales Results for June 2021 and for January through June 2021

TOKYO, Jul 29, 2021 - (JCN Newswire via SEAPRWire.com) - Mazda Motor Corporation's production and sales results for June 2021 and for January through June 2021 are summarized below.I. Production1. Domestic Production(1) June 2021Mazda's domestic production volume in June 2021 increased 111.7% year on year due to increased production of passenger vehicles.[Domestic production of key models in June 2021]CX-5: 35,522 units (up 111.4% year on year)MAZDA3: 10,902 units (up 220.9%)CX-30: 6,541 units (up 306.8%)(2) January through June 2021Mazda's total domestic production volume in the period from January through June 2021 increased 43.3% year on year due to increased production of passenger vehicles.[Domestic production of key models in the period from January through June 2021]CX-5: 177,222 units (up 51.8% year on year)MAZDA3: 59,483 units (up 39.7%)CX-30: 38,923 units (up 20.0%)2. Overseas Production(1) June 2021Mazda's overseas production volume in June 2021 decreased 28.8% year on year, reflecting decreased production of passenger and commercial vehicles.[Overseas production of key models in June 2021]CX-30: 11,355 units (up 12.6% year on year)MAZDA3: 6,931 units (down 12.6%)MAZDA2: 3,909 units (up 13.8%)(2) January through June 2021Mazda's total overseas production volume in the period from January through June 2021 decreased 6.1% year on year due to decreased production of passenger and commercial vehicles.[Overseas production of key models in the period from January through June 2021]CX-30: 62,886 units (up 27.2% year on year)MAZDA3: 48,335 units (down 5.4%)MAZDA2: 26,775 units (up 24.4%)II. Domestic Sales(1) June 2021Mazda's domestic sales volume in June 2021 decreased 8.4% year on year due to decreased sales of passenger and commercial vehicles.Mazda's registered vehicle market share was 3.1% (down 0.9 points year on year), with a 1.8% share of the micro-mini segment (up 0.4 points) and a 2.6% total market share (down 0.4 points).[Domestic sales of key models in June 2021]CX-30: 1,375 units (down 1.0% year on year)CX-5: 1,177 units (up 23.9%)MAZDA3: 1,119 units (down 5.9%)(2) January through June 2021Mazda's domestic sales volume in the period from January through June 2021 increased 1.3% year on year due to increased sales of passenger vehicles.Mazda's registered vehicle market share was 4.8% (down 0.3 points), with a 1.9% share of the micro-mini segment (down 0.1%) and a 3.7% total market share (down 0.3 points year on year).[Domestic sales of key models in the period from January through June 2021]MAZDA2: 12,754 units (down 14.5% year on year)CX-5: 12,455 units (down 1.5%)CX-30: 11,650 units (down 26.9%)III. Exports(1) June 2021Mazda's export volume in June 2021 increased 78.2% year on year due to increased shipments to North America, Europe, Oceania and other regions.[Exports of key models in June 2021]CX-5: 29,492 units (up 67.4 % year on year)MAZDA3: 9,733 units (up 136.2%)CX-3: 4,333 units (down 15.4%)(2) January through June 2021Mazda's export volume in the period from January through June 2021 increased 54.8% year on year due to increased shipments to North America, Europe, Oceania and other regions.[Exports of key models in the period from January through June 2021]CX-5: 160,710 units (up 52.7% year on year)MAZDA3: 54,065 units (up 58.5%)CX-30: 26,424 units (up 40.9%)IV. Global Sales(1) June 2021Mazda's global sales volume in June 2021 increased 8.2% year on year due to increased sales in the U.S., Europe and other regions.[Global sales of key models in June 2021]CX-5: 33,767 units (up 5.0% year on year)MAZDA3: 20,674 units (down 1.0%)CX-30: 20,097 units (up 35.2%)(2) January through June 2021Mazda's global sales volume in the period from January through June 2021 increased 27.5% year on year due to increased sales in Japan, the U.S., Europe and other regions.[Global sales of key models in the period from January through June 2021]CX-5: 209,424 units (up 32.5% year on year)MAZDA3: 122,259 units (up 11. 3%)CX-30: 118,857 units (up 57.5%) Copyright 2021 JCN Newswire. All rights reserved. (via SEAPRWire)

24 6 月, 2021

SAFEHAMSTERS将推出Planet V.1.0版，加入新角色DEX和相关权益

Dubai, UAE / SEAPRWire / June 24, 2021 / - SafeHamsters，这个全球区块链生态系统将推出全新的SafeHamsters Planet V.1.0。在最新版本中，设置了农场押注新功能和新角色DEX，从而引出该平台服务中独具特色的一项功能：SafeHamsters加密代币。SafeHamsters以"Fun&Rich"为原则，旨在成为全球首屈一指的区块链生态系统。通过推出效能高又受欢迎的捆绑服务，为SafeHamsters生态系统中的每个会员提供收益。在SafeHamsters农场中，仓鼠押注时产出种子，在此过程中，仓鼠的跑腿奖金将按小时计算。这样的设置能够保证战斗仓鼠使用NFT卡的强度。以上产出的奖金持仓可兑换其他福利。SafeHamsters的一个基本功能是可以直接从交易中养殖仓鼠。一旦在平台上使用市场代币进行消费，使用过的货比就会"爆炸"掉。 SafeHamsters的一位发言人表示：项目名称"安全"背后的理念是拯救和保护'仓鼠'。在加密行业，这通常是对那些在诈骗案件和费率管理中亏损的新来者的称呼。我们的平台是要成为比特币行业内一个‘安全’的交易和获取场所。 "种子"是押注/耕种平台的基本代币，也是游戏平台的主要代币。以下是安全仓鼠执行对"种子"执行的功能：它将作为农场赌注采矿代币，获得这些NFT卡将保证增加农场赌注，种子持仓者可用种子购买战斗NFT和奖金。此代币可用于提高NFT卡的级别，以进行农场押注。在项目初期，SafeHamsters团队为完善平台做出了巨大的努力。该网站仍在建设中，定期更新。该公司参与了关于BIKI和SATOSHI小区的AMA研讨会。目前正在对即将更新的内容进行一些调整。该公司目前正在接受由“Smart State”负责的审计工作，第二次审计将由Solidity负责。 SafeHamsters相关的广告和社交媒体网络目前正在进行审核。值得注意的是耕种和押注相关的准备工作从未停止。营销建议正在制定中，目标为吸引新的投资者。到目前为止，SafeHamsters已经按照它设定的路线图走上了正轨。不久，投资者就可以见到令人心动的崭新内容，其中包括为小区成员提供奖品和礼物的而设立的竞赛清单。更多信息请浏览safehamsters.io The article is provided by a third-party content provider. SEAPRWire ( www.seaprwire.com ) makes no warranties or representations in connection therewith. Any questions, please contact cs/at/SEAPRWire.com Sectors: Top Story, Daily News SEA PRWire: PR distribution in Southeast Asia (Indonesia, Thailand, Vietnam, Singapore, Malaysia, Philippines & Hong Kong )

10 6 月, 2021

Football: Cristiano Ronaldo scores as Portugal breeze past Israel

LISBON (AFP) - Cristiano Ronaldo was on the score-sheet as European champions Portugal beat Israel 4-0 on Wednesday (June 9) in their final warm up for the defence of their title. Manchester United star Bruno Fernandes bagged twice as Ronaldo and Joao Cancelo added for a comfortable win in Lisbon. Ronaldo's 44th minute strike was his 104th international goal in 175 matches, and leaves him five short of the record held by Iran's Ali Daei. "We put things right from the match against Spain," Portugal coach Fernando Santos said regarding the 0-0 draw with Spain in their previous match in Madrid. "I know what we have to do to win, and I have great confidence in this team," he said. Portugal are in the tricky looking Group F at the Euros with Hungary their first opponent on June 15 before they take on Germany four days later and then the reigning World Cup holders France June 23.

28 5 月, 2021

Ireland ranked high on the list of the most preferred investment migration destination in Europe following Brexit

HONG KONG, May 28, 2021 - (ACN Newswire via SEAPRWire.com) - Ireland ranked high on the list of the most preferred investment migration destinations in Europe following Brexit, according to updates from many institutions. Dublin is the most favourite destination for financial services firms moving jobs into the European Union after Brexit, according to a study by the consultancy EY.As revealed in the EY Financial Services Brexit Tracker which monitors public statements made by 222 financial services firms, 36 financial services firms are considering or have confirmed relocating some UK operations and/or staff to Dublin. Of the 36 firms, nine are universal banks, investment banks and brokerages; 18 are wealth and asset managers; and 6 are insurers or insurance brokers.After Dublin, Luxembourg is the second most popular destination for financial services firms and has attracted 29 companies in total. Frankfurt has attracted 23 companies in total, followed by Paris, which has drawn 20. Source:https://www.ey.com/en_ie/news/2021/03/ey-brexit-tracker-dublin-remains-most-popular-eu-relocation-city-for-uk-fs-firmsIn addition, Ireland recently ranked second in the better-known "Golden Visa" rankings 2021 published by the citizenship planning platform Best Citizenships. According to Best Citizenships, Ireland moved up in rankings since last year, and remains one of the best residency programs in the world. The demand for Irish passports is at all-time high post-Brexit due to the country's use of English, high standard of living and globally recognised educational institutions.Source: https://bit.ly/3v7YK19To cater to the increasing demand for more information on living and working in Ireland, The Irish Diaspora Loan Fund ("IDLF"), one of the approved products under Ireland's Immigrant Investor Program (IIP), is launching a five-session seminar series in Hong Kong in June to share with participants practical aspects of Irish living. Representatives from IDLF and distinguished speakers in their respective areas will share with participants practical aspects of living, working, and planning education for oneself and children for IIP investors. The planned topics be covered in the sessions are as follows:Date Topic5 June 2021 Overview of Ireland, the IIP and IDLF12 June 2021 Education in Ireland19 June 2021 Ireland as Europe's technology capital26 June 2021 Properties in Ireland3 July 2021 The financial service sector in IrelandThe seminar sessions will start at 3pm at:Lounge, Level 19 Two Chinachem Central, 26 Des Voeux Road Central, Central, Hong Kong.Registration for the first two sessions is now open at https://bit.ly/3yAPWDc Kim McNair, IDLF's Regional Manager for Asia stationed in Hong Kong, said: "We are excited to share with entrepreneurs, professionals and high-net-worth individuals in Hong Kong practical aspects of relocating, living, working and planning education in Ireland to facilitate their smooth transition into the Irish community as and when they decide on enrolling in IIP and relocating to this beautiful and prosperous EU country. We believe that seminar-style settings will allow participants to get the most out of their attendance."About Irish Diaspora Loan FundIrish Diaspora Loan Fund ("IDLF") is a low-risk investment fund authorised and regulated by the Central Bank of Ireland. It offers the opportunity for foreign investors to invest in Ireland in return for long term residency status.IDLF is an asset-backed mutualised debt fund which offers a very secure option for investors seeking to access the Irish Immigrant Investor Visa Programme. The fund ensures maximum protection of investor funds, by following a conservative, low-risk loan investment policy. It issues innovative finance to a portfolio of Irish businesses which will each increase employment levels throughout the lifetime.Its board of directors includes seasoned, successful business and finance leaders and a former Taoiseach (Prime Minister) of Ireland. Website: www.idlf.ie For further information, please contact: Unicorn Financial Company LimitedNatalie Tam/ Peter ChanTel: (852) 2838 2360 / 2838 2500Mobile: (852) 9306 7346 / 9459 9778Email: natalietam@unicornfin.com/ peterchan@unicornfin.com Copyright 2021 ACN Newswire. All rights reserved. (via SEAPRWire)

10 5 月, 2021

Landmark events like World Economic Forum, Shangri-La Dialogue in S’pore to go on as planned

SINGAPORE - Singapore's calendar of signature events - headlined by the World Economic Forum (WEF) in August, Shangri-La Dialogue in June and Bloomberg New Economy Forum in November - is proceeding as planned, with organisers promising to prioritise health and safety measures and to keep tabs on an evolving Covid-19 pandemic situation. Their assurances come in the wake of tightened restrictions announced last week, in response to climbing local infections. As part of the measures, event attendance limits have been reduced from 750 to 250, and pre-event testing must be used for meetings with more than 100 people. Although these restrictions currently run till May 30, the authorities have warned that conditions remain fluid and uncertain, and that event organisers will have to review the options available based on latest developments. The possibility of Singapore entering a second lockdown has also not been ruled out. Still, planning for the WEF's special annual meeting in Singapore from Aug 17 to 20 remains on track, said organisers. A spokesman said the Switzerland-based organisation was in close contact with and getting regular updates from the Singapore Government, and that the meeting will provide the "safest possible environment for a global gathering at scale". The Ministry of Trade and Industry has said adjustments to plans would be made as necessary, and reiterated that participants would have to comply with strict public health requirements and safe management measures, including a rigorous testing regimen. On top of stringent health protocols, the Shangri-La Dialogue from June 4 to 5 will feature an event "bubble" centred on the hotel it is named after. This will enable fully in-person meetings and discussions between high-level defence policymakers to take place freely, as they will be able to move around the grounds with minimal restrictions. A spokesman for the security summit's organiser - the International Institute for Strategic Studies (IISS) - said it would continue to closely partner the Singapore Government to ensure the "highest levels of safety" for participants. Other events like the World Cities Summit (WCS) - organised by the National Development Ministry's Centre for Liveable Cities and Urban Redevelopment Authority - will continue with scaled-down plans. It was originally set to be held at the Marina Bay Sands' Expo and Convention Centre from June 20 to 24, in conjunction with the National Environment Agency's CleanEnviro Summit Singapore and Singapore International Water Week by water agency PUB. WCS 2021 will instead take place with a mix of "hybrid" and fully virtual sessions from June 21 to 23, before a series of webinars from July to November. The number of locally based participants who will form the in-person audience will be kept lean, in view of the pandemic, a spokesman added. PUB's Water Week, too, will now comprise a hybrid summit on June 21, followed by a two-week virtual expo. More on this topic Related Story WEF confident of leaders coming to S'pore for meet in August Related Story US Defence Secretary Lloyd Austin to speak in person at Shangri-La Dialogue in early June This year's CleanEnviro event, meanwhile, has been reconfigured as a one-day conference in September, targeting local executive-level attendees. Come year-end, the Bloomberg New Economy Forum from Nov 16 to 19 will gather government leaders and top businessmen - including Tesla boss Elon Musk - to discuss global challenges. Related Stories: Related Story Serious reactions to Covid-19 vaccinations rare, affecting 4 in 100,000 in S'pore Related Story Back to phase 2: Cap of 5 people for social gatherings from May 8 Related Story Cap of 5 people for gatherings, smaller events: S'pore's new Covid-19 rules from May 8 Related Story Hospitals to take on extra load, defer non-urgent surgical operations as TTSH cluster grows Related Story TTSH Covid-19 cluster: What we know so far Related Story Anguish, anger in India with lives lost to Covid-19 due to lack of medical help Related Story SingHealth stepping up screening of patients and visitors; hospitals vigilant following TTSH Covid-19 cluster Related Story Limit gatherings to 2 a day, tighter crowd controls at malls: New Covid-19 measures at a glance Related Story BioNTech expects Covid-19 vaccine trial results for babies by September Related Story China administering more Covid-19 vaccines than anywhere else, but still needs to speed up roll-out Related Story S'pore-Hong Kong air travel bubble to start on May 26

3 5 月, 2021

S’porean teen charged after he allegedly threatened to kill EPL football player and his family, who were in Britain

SINGAPORE - A Singaporean teenager has been charged in court after threatening to kill football player Neal Maupay who is a forward with Brighton in the English Premier League. The court on Monday (May 3) heard that Derek Ng De Ren, now 19, is also accused of threatening to kill the footballer's family. The player and his family were in Britain when the threats were made in June and July last year. According to earlier reports, the Premier League had alerted the Singapore Police Force after its investigations showed that the person responsible for the "serious online abuse" towards Mr Maupay was in Singapore. According to court papers, Ng sent the threatening messages via Instagram while in Singapore. In one message on June 24, Ng allegedly said: "You think you will get away for injuring Leno? No way in hell bruv (sic)... But don't worry you will be safe you won't be hurt. "It's more fun watching you feel pain when your loved ones go through suffering." Just days earlier on June 21, Mr Maupay had scored the winning goal against Arsenal in a match which saw Arsenal keeper Bernd Leno carried off the pitch injured after a tussle with the French national. In another message on June 26, Ng allegedly said: "Your family will be attacked later in the day, just watch." On July 1, he is said to have sent Mr Maupay another message, saying: "You think by reporting my account you're safe? I will kill you and your family." More on this topic Related Story Football: United ban six fans for alleged social media abuse of Tottenham's Son Related Story Football: France and Arsenal legend Thierry Henry quits social media over 'toxic' racism, abuse The court heard on Monday that Ng intends to plead guilty to his charges. His case has been adjourned to May 31. For each count of harassment, an offender can be jailed for up to six months and fined up to $5,000.

20 1 月, 2021

Weather here rains some surprises last year

Singapore's weather was surprising in a number of ways last year, exhibiting temperature trends that differed slightly from those observed globally, according to findings released yesterday by the National Environment Agency's Meteorological Service Singapore. The first five months of last year were warmer than average, but this was reversed in the second half of the year - particularly in June and September - with cooler-than-average temperatures recorded over the island. And even though last year was marked by an unseasonably wet south-west monsoon season, it was still the eighth-warmest year on record, with an annual mean temperature of 28 deg C - half a degree above the long-term average. Last year also saw the continuation of warmer-than-average mean temperatures in the island. This started in February 2018 and came to an end last June - a record 28 consecutive months. These findings released yesterday indicate that Singapore's climate trends last year differed slightly from those reported internationally by the World Meteorological Organisation in the latest State of the Global Climate 2020 report. At the global level, last year was one of the three warmest years on record, with the last decade (2011-2020) also being the warmest decade recorded. In Singapore, rainfall was below the long-term annual average, but the island also had more frequent and intense heavy rain, particularly in the second half of the year. While the south-west monsoon season (June to September) is normally the drier time of the year, those months were also unseasonably wet for Singapore and the surrounding region, due in part to La Nina conditions that developed in the third quarter of last year. This resulted in Singapore's rainfall for June to September being 30 per cent above the long-term average from 1981 to 2010. Several other notable weather events occurred last year. June saw total rainfall of 233.8mm - the wettest in the last decade for the month. The Changi climate station recorded 21 days of rain in the month, the most in the last 30 years, with particularly heavy rain on June 23, which resulted in flash floods in Bedok and Jurong. In October, the island experienced high frequency of Sumatra squalls, an organised line of thunderstorms that brought heavy rain and gusty winds. A total of 14 Sumatra squalls passed through Singapore that month alone, the most in a decade. This could be partly attributed to tropical cyclones over the South China Sea and the western Pacific Ocean. In total, around 50 Sumatra squalls crossed over Singapore last year, one of which resulted in the temperature dropping to 20.9 deg C in Newton on Sept 16, making that day the coolest of the year. On average, Singapore experiences 45 Sumatra squalls annually, with most occurring between April and November. More on this topic Related Story Strong winds recorded across Singapore on Jan 18, reaching 49.3kmh at Admiralty Related Story Number of road potholes in Singapore doubled after heavy rain

2 11 月, 2020

IDC giant GDS secondary listing receives great support led by its promising prospect

HONG KONG, Nov 2, 2020 - (ACN Newswire) - According to South China Morning Post. At present, China's digital economy is developing rapidly. As the information infrastructure is closely related to the development of the Internet, IDC demand has experienced strong growth, and IDC business revenue has continued to grow rapidly. GDS Holdings Limited ("GDS"), the absolute leader in China's IDC industry, initiated its secondary listing amid the good timing of the industry's development, and was officially listed on the Hong Kong Stock Exchange today, which has been enthusiastically sought after by market investors.GDS actively makes its presence in the first-tier cities to seize high-quality resources. Its data centers are mainly located in Shanghai, Beijing, Shenzhen, Guangzhou, Hong Kong, Chengdu and Chongqing. All of which are major financial, commercial, industrial and communications hubs in various regions of China. In addition, the features of high power density and low PUE of the data centers owned by GDS can effectively help customers reduce their operating costs, proving that GDS has formed a strong competitiveness in providing services to customers.The data centers operated by GDS rank among the top in terms of scale in China. As of June 30, 2020, GDS had operated 42 self-developed data centers, with a total net floor area of 256,750 sqm in operation, and had a further 17 new self-developed data centers with an aggregate net floor area of approximately 133,208 sqm. under construction. In addition, the Company has reserved a wealth of resources to be developed for subsequent scale expansion. As of 30 June 2020, GDS had an estimated total developable net floor area of approximately 323,014 sqm in the first-tier market, and has secured a further estimated developable net floor area of approximately 30,000 sqm in total in the first-tier market after June 30, 2020, leading the industry in terms of project scale and reserves, and these data centers are mostly located in the first-tier markets in China, which can provide customers with convenient connections, making the Company more competitive in providing services to customers.Since its listing in the US stock market in 2016, GDS has been widely recognized by investors, and its market value has increased by nearly 8 times in just a few years, becoming the world top data center service provider in terms of market value. Behind the soaring market value, it is the investors' recognition of the Company's leading position and the confidence in its future development. GDS has also attracted numerous well-known institutions as investors. Hillhouse Capital, Temasek and China Ping An are impressively found on the list of its shareholders.GDS is favored by the market by virtue to its leading advantages in the IDC industry. As of June 30, 2020, GDS served 673 customers, including hyperscale cloud service providers and large internet companies, a diverse community of PRC and foreign financial institutions as well as telecommunications carriers and IT service providers and large domestic private sector and multinational corporations, many of which are leaders in their respective industry verticals. In addition, its data centers are clustered across all of China's Tier 1 markets and are accessible over all the major telecom networks, hosting all the major public cloud service providers, including AliCloud, Tencent Cloud, Amazon Web Services, Microsoft Azure, Huawei Cloud, Kingsoft Cloud, UCloud, QingCloud, JD Cloud and Baidu AI Cloud.Benefited from the rapid development of the industry, GDS has achieved significant growth in recent years. Its net income increased significantly from RMB1,616.2 million in 2017 to RMB4,122.4 million in 2019, representing a compound annual growth rate of 59.7%. With the continuous advancement of China's new infrastructure strategy, GDS is expected to maintain high quality and high speed growth on the basis of significant scale advantages and high growth potential recognized by capital, further consolidating its leading position in the industry. Copyright 2020 ACN Newswire. All rights reserved. www.acnnewswire.com