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Indonesia: Govt won’t let Covid-19 derail much-needed projects

Steep inclines and sharp turns have become a thing of the past for motorists on Indonesia's Sumatra island after the first highway there opened last September. Travelling 360km on a completed stretch of the highway - between the busy Bakauheni seaport in the southernmost province of Lampung and Palembang city - took 10 hours, or six hours shorter than on normal roads. "Our rides are smoother now. We no longer have to experience sharp turns, and go up and down steep slopes," Mr Andika, who goes by one name, told The Straits Times. The 45-year-old owns a fleet of trucks transporting industrial equipment between the two locations. Mr Andika said the cost of operating and maintaining his vehicles has dropped by 30 per cent as he does not have to replace worn-out tyres and spare parts as often. The highway, known as the Trans-Sumatra Toll Road, is one of President Joko Widodo's key projects to overhaul critical transport infrastructure in the country. Costing 476 trillion rupiah ... » Learn More about Indonesia: Govt won’t let Covid-19 derail much-needed projects

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Adaptive tech subsidies could encourage employers to hire persons with disabilities: President Halimah

SINGAPORE - Mr Lim Kay Choong, who has muscular dystrophy, feels that his employer's mindset on persons with disabilities has enabled him to integrate well into the work environment. The company is keen and willing to discuss and make arrangements for him, said Mr Lim. "Having a job gives me financial independence. This helps me gain confidence in other aspects of my life, as I can make my own decisions on whether I want to buy a laptop or go out with friends to a better restaurant. I earn my money and I am happy to spend it," said Mr Lim, 32, a research analyst. Mr Lim has been able to find work with four different organisations with support from the Muscular Dystrophy Association (Singapore) (MDAS). He has been with his current company for more than two years. He shared his experience during a dialogue session with President Halimah Yacob, who visited MDAS on Monday (April 12). Speaking to the media after the visit, Madam Halimah said there can be more support to encourage ... » Learn More about Adaptive tech subsidies could encourage employers to hire persons with disabilities: President Halimah

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Melaka CM says grateful for his year in office

MELAKA: While overwhelmed with emotions, Datuk Seri Sulaiman Md Ali thanked the people of Melaka, including the Opposition, for standing by him during his first year in office as Chief Minister. Sulaiman noted his administration, which started on March 9,2020, had to deal with movement control order, water rationing and political instability in the state. "My concern was whether I would earn the wrath of Melaka folks if I failed to be an effective Chief Minister, ” he said to Federal and Melaka government officials during an event to commemorate his year in office at a hotel here on Monday (April 12). Sulaiman said he first resolved the water rationing exercise that started on Jan 29,2020 by finding alternative supplies and he managed to resume the normal supply on April 1, last year. He said the MCO had led to various economic issues and impacted the local tourism industry. “I had to outline various plans for these challenging times, including forgoing tax collections on ... » Learn More about Melaka CM says grateful for his year in office

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China stocks end lower as materials, transport firms weigh

SHANGHAI: China shares dropped on Monday, weighed down by materials and transport stocks, as worries over policy tightening persisted on expectations of upbeat economic data due later this month. The blue-chip CSI300 index fell 1.7%, to 4,947.75, while the Shanghai Composite index shed 1.1% to 3,412.95. Leading the declines, the CSI300 materials index and the CSI300 transport index slumped 3.9% and 4.1%, respectively. Courier giant S.F. Holding Co Ltd fell 9.4%, following a 10% drop on Friday after flagging losses for the first quarter. China's first quarter economic growth data probably would beat market expectations, which could raise worries over a quick tightening of monetary policy, Huaan Securities said in a report. The market could also encounter challenges as much stronger-than-expected PPI could lead to marginal changes in monetary policy, the brokerage added. Ongoing Sino-U.S. tensions also affected sentiment. U.S. Secretary of State Antony Blinken said on ... » Learn More about China stocks end lower as materials, transport firms weigh

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Tech firm develops solution for real-time tracking of warehouse goods

SINGAPORE - Technology firm Ascent Solutions has invested more than $1 million to develop a solution that aims to improve transparency in the transport of commodities. The company, which provides Internet of things (IoT) software to the logistics industry, spent about two years working on a "digital twin warehouse" service. The solution will allow its clients to track the movement and storage of goods in warehouses in real time using computer vision - an area of artificial intelligence. Mr Huang Yihang, Ascent's head of corporate strategy, said on Monday (April 12) the solution can create greater accountability in trade finance - financial instruments and products that facilitate international trade and commerce - and help small and medium-sized enterprises (SMEs) secure funding to do business. "The solution will enable firms to ensure that what is supposed to be in the warehouse is really there, and it can help to create more visibility on the ground," he said, during a visit ... » Learn More about Tech firm develops solution for real-time tracking of warehouse goods

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Singapore trade associations play critical role in helping firms tap opportunities from digitalisation: Chan Chun Sing

SINGAPORE - Trade associations and chambers (TACs) here can do more to help companies tap opportunities that arise from digitalisation and improve their capabilities, said Trade and Industry Minister Chan Chun Sing on Friday (Feb 12). They play a critical role in the national effort to introduce firms, especially small and medium-sized enterprises, to new technologies, and to help them adopt these, he added. He was speaking at the opening ceremony of the Singapore Chinese Chamber of Commerce and Industry's (SCCCI) live streaming studio at the Trade Association Hub in Jurong, on the first day of the Chinese New Year. The studio is an example of what TACs can do on this front, to help companies navigate challenges arising from the Covid-19 pandemic , added Mr Chan. SCCCI president Roland Ng said the studio expects to support live streaming for up to 50 activities in its first year, including trade associations' annual general meetings, product launch events and international ... » Learn More about Singapore trade associations play critical role in helping firms tap opportunities from digitalisation: Chan Chun Sing

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Resilient hubs key for companies seeking stability amidst Covid-19: SM Tharman

SINGAPORE - Senior Minister Tharman Shanmugaratnam gave his take on several issues during a virtual dialogue at the Singapore Tech Forum on Thursday (Nov 19). The forum, a global industry and networking even in its third year running, is organised by the Singapore Global Network - a division of the Economic Development Board - and the Government Technology Agency (GovTech). Economic reconfiguration and China Contrary to what some might think, globalisation is not on the decline. Instead, what the global economy is seeing is a reconfiguration as a result of China's evolution, said Mr Tharman. He noted that the biggest trend was the evolution of the Chinese economy. “It is getting larger. (China is) having a much larger middle class consuming a lot more. (They) are having much more capabilities domestically, able to produce within China what was previously imported, and that might give the impression of some waning of globalisation. "But actually, it's the same story - it's ... » Learn More about Resilient hubs key for companies seeking stability amidst Covid-19: SM Tharman

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A to Z of Britain’s Prince Philip

Here is an A to Z of Queen Elizabeth II's husband Prince Philip: A for AWARD: Since 1956, millions of youths worldwide have completed The Duke of Edinburgh's Award, which promotes community service and self-reliance through volunteering, physical, skill and expedition challenges. B for BARBEQUE: Prince Philip was in charge of grilling duties at the royal Scottish retreat at Balmoral, sizzling up the steaks by the river, with Queen Elizabeth doing the washing up. C for CARRIAGE DRIVING: The duke took up the sport in 1971 after giving up polo. He compiled its international competition rules and represented Britain. He was still driving horses into his 90s. D for DANISH: Philip was born into the house of Schleswig-Holstein-Sonderburg-Glucksburg and considered himself Danish by race. E for ENGAGEMENTS: The prince conducted 22,219 solo engagements between 1952 and his retirement in 2017. He gave 5,496 speeches and 785 organisations had him as a patron, president or member. F for ... » Learn More about A to Z of Britain’s Prince Philip

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COVAX vaccines reach more than 100 countries, despite supply snags

GENEVA (Reuters) -The COVAX vaccine facility has delivered nearly 38.4 million doses of COVID-19 vaccines to 102 countries and economies across six continents, six weeks after it began to roll out supplies, according to a statement on Thursday. The programme offers a lifeline to low-income countries in particular, allowing them in the first instance to inoculate health workers and others at high risk, even if their governments have not managed to secure vaccines from the manufacturers. But there have been some delays, the GAVI vaccine alliance and World Health Organization said in a statement. Reduced availability of delayed some deliveries in March and April, and much of the output of the Serum Institute of India, which makes the AstraZeneca vaccine, is being kept in India, where daily infections surpassed 100,000 for the first time on Monday. The Caribbean island of St. Lucia became the 100th country to receive vaccines through COVAX. Iran, also battling a record rate of ... » Learn More about COVAX vaccines reach more than 100 countries, despite supply snags

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CitySavings’ Project Pink Webinar reaches hundreds of educators nationwide

Project Pink: Breast Cancer Awareness Program for Teachers, one of the signature Corporate Social Responsibility (CSR) programs of City Savings Bank, Inc. (CitySavings), are nationwide on-ground seminars specifically designed for public school teachers to raise their level of awareness on the prevention and early detection of breast cancer. This year, the event was held online for the first time, in partnership with the Ramon Aboitiz Foundation Inc. — Eduardo J. Aboitiz Cancer Center (RAFI — EJACC). More than 500 educators from all over the country joined the Bbank’s two webinars held on March 18 and 26, coinciding with CitySavings’ celebration of National Women’s Month with the goal to create programs that educate and empower women, especially teachers. The event’s keynote speaker Dr. Amabelle Gerona, an oncologist based in Cebu City discussed how teachers can detect, confirm, prevent, and treat breast cancer. She said, “A part of the reason why our (breast cancer) cases are high ... » Learn More about CitySavings’ Project Pink Webinar reaches hundreds of educators nationwide

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