Presidential Adviser for Entrepreneurship and Go Negosyo founder Jose Maria Concepcion 3rd is calling on the government to start vaccinating economic frontliners to allow the economy to bounce back from the ravages of the Covid-19 pandemic. Speaking at the “Bakit Bakuna?” webinar on Friday, Concepcion said that because economic frontliners were not on the government’s vaccination priority list, the economy cannot be expected to recover by the fourth quarter of the year. He has urged the country’s vaccination czar Secretary Carlito Galvez Jr. to allow companies to start inoculating their employees once the procured vaccines arrive in the latter part of the year. Workers in the transportation, agriculture, mining and export-oriented industries are considered economic frontliners. Through tripartite agreements with the government and vaccine manufacturers, the private sector has been allotted 17 million doses of the AZD1222 vaccine from AstraZeneca. There are also arrangements ... » Learn More about Concepcion asks govt: start jabbing economic frontliners
Ark
Wall Street closes up on tech rebound; Tesla gains
NEW YORK: Wall Street rallied on Monday as technology stocks rebounded from a recent selloff sparked by surging bond yields and Tesla jumped after a fund run by an influential investor in the electric-car maker said its shares could approach US$3,000 by 2025. Tesla Inc's 2.31% gain to US$670 was the fourth-largest boost to the S&P 500 after Ark Invest, founded by star stockpicker Cathie Wood, raised the company's price target on Friday using 34 inputs in a Monte Carlo model. Tesla traded more than 6% higher during the session before trimming gains. Growth stocks rose more than 1.43% while value shares slid 0.07% in a reversal of this year's big rotation in investment portfolios. A sharp run-up in Treasury yields since mid-February has weighed on high-flying technology stocks that benefit from low yields as investors swarmed into underpriced value stocks from the mega-cap growth stocks that have fueled the past year's rally. An easing off of 14-month highs in the 10-year ... » Learn More about Wall Street closes up on tech rebound; Tesla gains
Singapore grocery stores: A shopping guide for every food preference
No matter your budget, ingredients desired or cuisine preferred, you’ll find lots of choice when buying groceries in Singapore. This food paradise isn’t complete without quality ingredients from grocery stores all around Singapore. From large supermarkets to specialty grocers offering international products – here’s your insider’s guide to grocery shopping in Singapore. 1. Supermarkets Supermarkets abound in Singapore, allowing shoppers to pick up groceries in air-conditioned comfort. The largest chain is FairPrice , along with its premium incarnation FairPrice Finest and hypermarket FairPrice Xtra . Cold Storage is an upmarket chain that’s popular with affluent locals and expats, as are its various Market Place iterations. Giant is a relatively more affordable major chain. Living in the heartland? Family-owned Prime Supermarket has 25 outlets for your marketing convenience. 2. Budget grocers Bargain hunters can head to supermarkets like Sheng Siong ... » Learn More about Singapore grocery stores: A shopping guide for every food preference
Ivermectin question sets off debate in PH medical community
TO USE OR NOT TO USE A number of physicians swear by the effectiveness of ivermectin, an antiparasitic drug commercially available only for veterinary use, as a treatment or preventive medicine against COVID-19. But the Food and Drug Administration maintains there are procedures to be followed, including clinical trials, before the drug could be allowed for distribution. —AFP MANILA, Philippines — There’s a raging debate among Filipino medical practitioners on the use of ivermectin, an antiparasitic drug commercially available only in veterinary grade in the country, as treatment and as prophylactic (preventive medicine) for COVID-19. Pharmaceutical grade (USP grade) ivermectin that is safe for humans used to be available here until the manufacturer’s certificate for product registration lapsed. A number of physicians swear by the efficacy of ivermectin and say the government should make it available to give COVID-19 patients unable to gain entry to overcrowded hospitals “a ... » Learn More about Ivermectin question sets off debate in PH medical community
Digging deeper to source for funds
MORE than a year has passed since the movement control order was imposed in March 2020, but welfare organisations are still feeling the pinch. Johor Baru Handicapped and Mentally Disabled Children Association president S. Murugaiyah said donations had declined by 70%. “When the economy is bad, charitable organisations like us are also affected, ’’ he said when met by StarMetro at the shelter in Taman Saleng Indah, Kulai in Johor. He said well-wishers had either stopped donating or cut their contributions due to the uncertain economy. He added that the Kulai shelter needed between RM1.2mil and RM1.9mil yearly to provide for its 214 residents -– 120 males and 94 females aged between six years and 50. The money is used to pay its 55 full-time workers as well as for utility bills, quit rent and other expenses. “Although we continue to receive donations, the amount is lower compared to pre-Covid-19 days, ’’ said Murugaiyah. He said there were about 70 children with special ... » Learn More about Digging deeper to source for funds