KUALA LUMPUR: Yinson Holdings Bhd , an independent floating, production, storage and offloading (FPSO) leasing company, reported a third straight quarterly earnings growth, boosted by higher contribution from its engineering business. Net profit in the second quarter ended July 31 climbed 26% to RM126mil from RM100mil made a year ago. "The management is cautiously confident in the Group’s ability to stay resilient through the challenges with existing order books and continued positive performance in project execution and operations," Yinson said in a filing with Bursa Malaysia today. The company said its results in the second quarter were driven by engineering, procurement, construction, installation and commissioning (EPCIC) work related to FPSO Anna Nery, favourable exchange rates, as well as higher share of profits from joint ventures. ... » Learn More about Yinson reports third straight quarterly earnings growth
Plexure group annual report
KUALA LUMPUR: Hup Seng Industries Bhd has temporarily suspended operations at one of its units in Batu Pahat until Sept 30 to disinfect the entire premises. In a filing with Bursa Malaysia yesterday, it said that Hup Seng Perusahaan Makanan (M) Sdn Bhd (HSPM) received a notice on Sunday from the Health Ministry (MOH) to temporarily suspend its operations. HSPM is cooperating and working closely with the MOH and taking mitigating steps to contain the spread of Covid-19 at the premises to safeguard the safety and well-being of our employees, it said. “The temporary suspension of operations is expected to result in loss of production volume estimated to be approximately 3% of the total annual production volume of the group,” it said. ... » Learn More about Hup Seng to disinfect unit in Batu Pahat
MANILA, Philippines – Is Ferdinand Marcos a hero or not? This has been the heated debate since President Rodrigo Duterte ordered the Armed Forces of the Philippines (AFP) to prepare for the burial of the late president at the Libingan ng mga Bayani, expected to take place in September. Various parties – mostly consisting of Martial Law victims – have opposed the President’s decision, arguing that the late dictator does not deserve a slot at the Heroes’ Cemetery because of the human rights violations that were committed during his time. Several petitions have been filed before the Supreme Court (SC) seeking to stop the interment. Five of 6 petitions have cited Republic Act 10368 or the Human Rights Victims Reparations Act of 2013. Signed by former President Benigno Aquino III, the law recognizes “the heroism and sacrifices of all Filipinos who were victims of summary execution, torture, enforced or involuntary disappearance and other gross human ... » Learn More about What the gov’t still owes Martial Law victims
Since the arrival of Covid-19 vaccines , a crucial but largely unspoken question has loomed large for countries looking towards returning to pre-pandemic life: How much sickness and death will occur even after nearly everybody has been jabbed? Possible answers to that question are coming into view as a growing number of territories get close to their maximum vaccination rates. Although varying considerably, the emerging picture points to a post-vaccinated future in which societies may have to accept significantly more Covid-19 deaths than those caused by the flu to move beyond restrictions such as lockdowns and border closures. While European countries with high vaccination rates have largely returned to normal life, living with Covid-19 could prove more difficult to accept for Asia-Pacific economies that avoided even flu-level death rates by sealing their borders. “My personal feeling is that, after brainwashing people in many places with this fight against the virus and ... » Learn More about From Singapore to Hong Kong, how many will die even after most are jabbed?
UNITED NATIONS (Reuters) - The head of Libya's presidency council said on Thursday he will hold an international conference in October to garner support for the country's stability, warning that it faces "serious challenges" that could undermine planned December elections. Addressing the annual U.N. gathering of world leaders in New York, Mohammed al-Menfi said the conference would aim to ensure "unified, consistent" international support and restore a sense of Libyan leadership and ownership over the country's future. "We are faced with serious challenges and quick-paced developments, which compel us - out of responsibility - to think of more realistic and practical options to avoid an impasse in the political process, which could in turn, undermine the looming elections and bring us back to square one," he said. National elections, planned for Dec. 24, were pushed as a way to end Libya's decade-long crisis, but have been enmeshed in bitter arguments over legitimacy that may ... » Learn More about Libya presidency council head plans to hold October conference
BRASILIA (Reuters) - President Jair Bolsonaro, just back from the United Nations, isolated himself at home on Wednesday and canceled a trip after his health minister tested positive for COVID-19 and had to stay in quarantine in New York. Brazil's health regulator Anvisa recommended that the entire presidential delegation to the U.N. General Assembly remain in isolation and undergo more tests. Bolsonaro's only appointment on Wednesday was changed to a remote meeting. Health Minister Marcelo Queiroga tested positive hours after accompanying Bolsonaro to give the first speech from a head of state at the annual assembly on Tuesday, the government said. It added that the other delegation members all tested negative. Bolsonaro, a vaccine skeptic who has bragged about not being vaccinated, defied U.N. rules that asked all those attending the assembly be inoculated against the coronavirus. Queiroga accompanied Bolsonaro to a meeting on Tuesday morning at the U.N. building with ... » Learn More about Brazil’s Bolsonaro in COVID isolation after trip to U.N.
Apple Inc may have to redesign its iPhones to use USB-C charging ports under draft rules from the European Union aimed at cutting waste and simplifying life for consumers owning multiple devices. The European Commission said Thursday it wants a single type of charging port to be used for all smartphones and tablets as well as equipment such as cameras, some headphones, portable speakers and handheld video consoles. "With more and more devices, more and more chargers are sold that are not interchangeable or not necessary,” said Thierry Breton, the EU’s industry chief, in an emailed statement. "We are putting an end to that.” Apple opposes a standard connector, saying it risks hurting innovation that can bring more energy efficient products to the market. The draft legislation adds to intense pressure from the EU in recent years with antitrust probes into its app store and payment system adding to a legal row over a massive back-tax order. Apple is "concerned that strict ... » Learn More about iPhones may need redesign as EU pushes for common charger
Indonesia issued Government Regulation 48 of 2021 (GR 48/2021) in March 2021 which amends the country’s immigration law. GR 48/2021 makes significant changes to the maximum period a foreigner can stay in Indonesia on a limited stay permit ( Izin Tinggal Terbatas or ‘ITAS’) and the length of visit stay permit (also known as single and multiple entry visas). GR 48/2021 has also introduced a new visa category that will enable foreigners to receive a limited stay visa ( Visa Tinggal Terbatas or ‘VITAS’). This visa is for foreigners who use Indonesia as a second home, foreigners, however, must have stayed in the country for between five to 10 years. Moreover, foreign visitors can now apply for a visit visa to conduct pre-investment activities. Changes in the length of limited stay permits Before the changes were implemented in GR 48/2021, the limited stay permit (ITAS) was valid for a maximum of two years with the possibility to extend twice for two years each time. After six ... » Learn More about Changes to Indonesia’s Immigration Law
Follow us on Telegram for the latest updates: https://t.me/mothershipsg After ousting the Afghanistan government soon after the United States withdrew its forces from the country, the Taliban are now requesting to speak to world leaders at the United Nations (UN) General Assembly, which is taking place this week in New York, according to a UN spokesperson Stephane Dujarric on Sep. 21. France24 reported that the Taliban have also nominated their ambassador to the UN, Suhail Shaheen, to replace current Afghanistan's ambassador and permanent representative to the UN, Ghulam Isaczai. Taliban sent letter to UN Secretary-General Dujarric said that UN Secretary-General Antonio Guterres had received a letter from the Taliban "requesting to participate" in the General Assembly debate. The letter, with the letterhead "Islamic Emirate of Afghanistan, Ministry of Foreign Affairs," dated Sep. 20, was signed off by Amir Khan Muttaqi as "Minister of Foreign Affairs." ... » Learn More about Taliban ask to speak at United Nations, nominate their own ambassador
SINGAPORE - A total of 1,504 new Covid-19 cases were reported in Singapore on Thursday (Sept 23), the Ministry of Health (MOH) said in its latest nightly update. Two unvaccinated Singaporean women, aged 71 and 93, have also died of Covid-19 complications, taking the death toll to 70. The latest daily total is the highest since the pandemic began, up from the previous high of 1,457 cases reported on Wednesday. Of the local cases on Thursday, 1,218 were in the community and 273 cases were among dormitory residents, said MOH. Of these, 343 are seniors above 60 years old. The remaining 13 cases were imported. As for the latest deaths, the 71-year-old woman died on Thursday, the same day she tested positive for Covid-19. She had a history of cancer, said MOH. [[nid:545221]] The 93-year-old woman tested positive for Covid-19 on Sept 17 and died on Thursday. She had a history of heart failure, diabetes, high blood pressure and high cholesterol, said MOH. Large clusters at ... » Learn More about 1,504 new Covid-19 cases in Singapore – highest since the pandemic began; 2 unvaccinated women die