AT A GLANCE Only 56% of the flagship infrastructure projects in the government's revised list are expected to be completed by 2022, Duterte's last year in office The government counts on Build, Build, Build to fuel the country's economic recovery from the pandemic, but it will rely on loans to fund many of the projects DOTr and DPWH, the two agencies that are implementing most of the projects, have been underspending their respective budgets. This led to the slow execution of the program Are we anywhere near the touted "golden age of infrastructure" now that 4 years of the Duterte administration have gone by? President Rodrigo Duterte and his economic managers launched the ambitious P8.4-trillion infrastructure program in 2017 to reduce poverty, stimulate economic growth, and reduce congestion in Metro Manila. The messaging was clear: Build, Build, Build will be Duterte's legacy . Since then, the government has repeatedly boasted of the program's ... » Learn More about With 2 years left in Duterte’s term, where are we on Build, Build, Build?
Government launches 4 digital initiatives to push e education
PETALING JAYA: Boustead Holdings Bhd has embarked on a three-pronged strategy to strengthen its financial performance by leveraging on technology and digital push and venture into new business opportunities. It said its “Reinventing Boustead” strategy was to maximise value creation by strengthening and improving the performance of the existing core businesses. In a statement released after its virtual shareholders meeting, Boustead said the group is also introducing new business models for new revenue generations, as well as launching several strategic initiatives to identify and explore new opportunities for the group. Under the three-pronged strategy, the first is a rejuvenated transformation programme (Rejuvenated EDG-20) for the core businesses driven by a new performance Improvement programme. Second, it will explore and venture into new business opportunities and sustainability by embracing innovative and relevant technological services and third, it will adopt ... » Learn More about Boustead’s three-pronged strategy to reinvent itself
“The pandemic has pushed consumers worldwide to become more health conscious and focus on the nutritional benefits of foods. This global trend, which we are also seeing in Thailand, creates tremendous new opportunities for food innovations, food safety and organic foods.” Sonklin Ploymee BOI’s Deputy Secretary-General The COVID-19 pandemic has taken a heavy toll on most economies worldwide. Thailand is no exception. However, Thai food exports have become a bright spot, bucking the trend of the country’s overall sliding exports, with the demand for processed and canned foods having held up in these uncertain times. This trend reflects the surge in global demand toward home cooking and ready-to-eat foods in the wake of restrictive measures to contain the pandemic. The resilient export of food and farm products also highlights Thailand’s commitment to R&D and advancements in the application of technology to meet the growing demand of consumers for nutritious and quality food ... » Learn More about FOOD OF THAILAND FOR A FUTURE WORLD
She is a barista with a very strong arm. And "Ella", Singapore's first fully automated robot barista, will be serving customers their caffeine fixes at CityHub mall in Lavender from Saturday (Oct 3). Crown Coffee, the food and beverage arm of Crown Group, said the outlet was launched in an effort to push automation and reduce physical interaction in the light of the coronavirus pandemic. Ella, named after Crown Group founder and chief executive Keith Tan's wife, served a range of hot drinks to Minister of State for Trade and Industry Low Yen Ling and members of the media at a launch event on Friday. In a speech at the event, Ms Low, who is also Minister of State for Culture, Community and Youth, emphasised the importance of digitalisation and automation in navigating the pandemic, and zoomed in on Ella as a solution that creates opportunity from chaos. "While Covid-19 has severely impacted our businesses and economy, it has also created the impetus for us to build stronger ... » Learn More about Coffee break? Grab a cuppa at Singapore’s first robot barista outlet
SYDNEY: Australia's competition watchdog is looking into a claim that Facebook Inc refused a publisher's request to negotiate a licensing deal, the regulator told Reuters, setting the stage for the first test of the world's toughest online content law. The Conversation, which publishes current affairs commentary by academics, said it asked Facebook to begin talks as required under new Australian legislation that requires the social media firm and Alphabet Inc's Google to negotiate content-supply deals with media outlets. Facebook declined without giving a reason, The Conversation said, even though the publisher was among the first in Australia to secure a similar deal with Google in the lead-up to the law in 2020. The knockback could present the first test of a controversial mechanism unique to Australia's effort to claw back advertising dollars from Google and Facebook: if they refuse to negotiate licence fees with publishers, a government-appointed arbitrator may step in. ... » Learn More about Exclusive: Facebook rejects talks with Australia publisher, may test online law
JAKARTA: Indonesia's state oil company Pertamina's new unit, Pertamina International Shipping (PIS), is looking to spend US$4 billion in the next seven years to refurbish its fleet of vessels and upgrade terminals, a top official said on Friday. The new unit plans to replace 23 vessels and expand its fleet, to ensure compliance with the latest International Maritime Organisation standards and eventually serve other regional companies, said its director of business planning, Wisnu Medan Santoso. "There are many oil and gas players in ASEAN who do not have their own shipping arm, we see this as an opportunity," Wisnu told Reuters, referring to countries of the Association of Southeast Asian Nations. "We have a large captive cargo, we have a large economy of scale. We can utilise that to capture opportunities in ASEAN," he said, adding that only 5per cent of PIS' clients are non-Pertamina companies currently. PIS is one of the new "sub-holding" units created by Pertamina ... » Learn More about Indonesia’s Pertamina shipping unit to spend US$4 billion on upgrades