BMW poised to snatch luxury-sales crown back from Mercedes

FRANKFURT (BLOOMBERG) - BMW's better handling of the chip shortage has turned the tables on the global luxury sales race, positioning the company to overtake its arch-rival for the first time since 2015. The carmaker delivered 1.7 million of its namesake branded vehicles in the first nine months of the year, exceeding Daimler's Mercedes-Benz by more than 112,000 cars and sport utility vehicles. BMW extended its lead in the third quarter by limiting its deliveries decline to 10 per cent, whereas Mercedes posted a 30 per cent plunge. The two German icons are among the carmakers being affected by recent factory shutdowns in Malaysia, a key hub for semiconductor packaging and testing. But BMW managed to hold out longer than most of its peers before having to pause production due to the supply squeeze. Back in January, the company said it placed orders on time for the amount of chips it needed for the year and expected its suppliers to deliver. The chances Mercedes overtakes its nemesis in the last quarter of the year look slim. Mercedes sounded somewhat more downbeat in its global sales release on Wednesday (Oct 6), warning that semiconductor shortages will likely impact production ove...

Tesla will move its headquarters to Texas, says Elon Musk

SAN FRANCISCO (BLOOMBERG) - Tesla will move its corporate headquarters to Austin, Texas, where a brand new factory for the Model Y and forthcoming Cybertruck is nearing completion. Chief executive Elon Musk announced the move on Thursday (Oct 7) during the electric-vehicle maker's shareholder meeting from the Austin plant. Tesla has been based in Palo Alto, California, the leafy Silicon Valley suburb that is home to Stanford University and several venture capital firms, since its founding in 2003. But the company has grown from scrappy start-up to the world's most valuable automaker and Texas - centrally located between the two coasts - has become its centre of gravity in the United States. Mr Musk said Tesla is not abandoning California, noting the electric-car maker will continue to expand manufacturing in the state and aims to boost production at its vehicle factory in Fremont - and at its Nevada battery plant - by 50 per cent. "We will continue to expand our activities in California. This is not a matter of Tesla leaving California," he said. California Governor Gavin Newsom's office and the state's economic development agency did not immediately respond to requests for comment...

Pulled from near-bankruptcy, Oceanus now aims to be global foodtech firm

SINGAPORE - The baptism of fire when chief executive Peter Koh first took the helm at Oceanus Group came in the form of a disgruntled shareholder asking if he could guarantee a turnaround of the abalone producer. It was a timely question given the firm was about to go bankrupt under around $94 million in debt. 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.

Relief rally in US stocks as default threat put off

NEW YORK (AFP) - Wall Street stocks rallied on Thursday (Oct 7) in a buoyant session propelled by relief at a congressional agreement that removed the near-term risk of a US debt default. Democratic and Republican Senate leaders reached an agreement to temporarily lift the debt ceiling through Dec 3 in a move that buys time for more negotiations in a divided Washington. "We've kicked the can down the road," said Kim Forrest at Bokeh Capital Partners. "And I think the more we kick the can down the road, the less likely the really aggressive kind of measures on taxes, and spending are. Wall Street doesn't like taxes." The Dow Jones Industrial Average ended at 34,754.94, up 1 per cent. The broad-based S&P 500 advanced 0.8 per cent to 4,399.75, while the tech-rich Nasdaq Composite Index gained 1.1 per cent to 14,654.02. Worries about a default have added to concerns about inflation and tightening monetary policy, prompting volatility in recent weeks. The Labour Department reported 326,000 new unemployment claims, seasonally adjusted, were filed last week, 38,000 less than the previous week's upwardly revised level and fewer than analysts had expected. The data come ahead of Friday's mu...

Read More

TOYOTA GAZOO Racing Counts on Proven Winners for a New WRC Era

TOKYO, Oct 7, 2021 - (JCN Newswire via SEAPRWire.com) - The TOYOTA GAZOO Racing World Rally Team will enter a new era of the FIA World Rally Championship relying on a strong driver line-up of proven winners across its three full-season manufacturer entries in 2022.TOYOTA GAZOO Racing WRT driversElfyn Evans and Kalle Rovanpera will contest every event in the new hybrid Rally1 car after signing new contracts with the team, while multiple world champion Sebastien Ogier will also continue to compete for Toyota in selected rounds even as he steps back from full-time rallying. To complete the high-calibre line-up, Esapekka Lappi makes a welcome return to the team to share a car with Ogier during the season.TOYOTA GAZOO Racing now heads into a crucial phase of development and competition with the new-for-2022 technical regulations knowing it can count on four drivers who have all previously won rallies for the team and helped it towards championship success.Evans joined the team at the beginning of 2020 and soon proved himself to be a championship contender, claiming wins in Sweden and Turkey and ultimately finishing runner-up to Ogier in a contest that went right down to the final round....

Read More

Paragon Casino Resort and Betfred Sports Launch Sports Betting in Louisiana

LAS VEGAS, NV, Oct 7, 2021 - (JCN Newswire via SEAPRWire.com) - Stephen Crystal, SCCG Management Founder and CEO, announced that Betfred Sports, represented by SCCG Management, has entered into a partnership with Paragon Casino Resort, bringing sports betting to the top rated gaming destination in Central Louisiana - with betting now open to the public. Betfred Sports, a sports betting operator currently available in select U.S. states, is expanding to Louisiana with its latest location through the addition of a Las Vegas-style sportsbook at The Draft Room at Paragon Casino Resort - the first of its kind in the market. Paragon and Betfred invite sports and gaming enthusiasts to come place their first bets starting at 3 p.m. CST, Wednesday, October 6."Our partnership with Betfred Sports marks a new chapter for Paragon - which has always been a source of pride for Marksville and the people of Louisiana," General Manager of Paragon Casino Resort, Marshall Sampson, Sr., said. "With this new partnership, I hope visitors from across the region will have the chance to experience it for themselves. Together, we are offering a first-class sports betting platform and venue that will make Par...

Read More

CerbACT Asia剪彩开幕 尖端实验室在台设立

HONG KONG, Oct 7, 2021 - (亚太商讯 via SEAPRWire.com) - ACT Genomics Holdings Co. Ltd.(以下简称「行动基因」)今天欣然宣布,Cerba Research(根特,比利时)和行动基因ACT Genomics合资的 CerbACT Asia识动亚洲生技股份有限公司于2021年9月30日盛大开幕。CerbACT Asia的开幕式来自比利时及欧洲各地Cerba Research的嘉宾,以及香港、新加坡、日本与英国等行动基因的同事与海外投资人以在线直播的方式,参与位于台北CerbACT Asia的开幕式,随着剪彩仪式与尖端实验室的正式启用,象征精准医学在亚洲拓展新的篇章,期盼能为患者提供更好的疗效。此次双方战略结盟,行动基因与Cerba Research均拥有深厚的科学专业知识,支持全球生技和制药技术的进步,在临床试验各阶段提升患者的治疗成效。其先进的技术和仪器,更是增强为全球客户服务的能力,包括: - 尖端流式细胞术技术- 探索性和组织免疫染色体服务- 周边血单核细胞(PBMC)及柔软组织细胞分离Cerba Research 执行长 Mario Papillon 评论道:「Cerba Research与行动基因的合作,体现了我司创新文化的历史传承。台湾实验室开幕标志着更大规模的科研团队及新设备。凭借着背后一群经验丰富的科学家坚定的决心及灵活的思维,以及最顶尖的科技,我们将继续领导及改变临床药物发展的模式,协助客户在肿瘤科这范畴取得强大的优势。」中央研究院院士杨泮池教授到场参与CerbACT Asia开幕剪彩仪式,表示「相信CerbACT Asia将在次世代精准医疗中扮演重要角色,造福亚太、甚至是世界各地的患者。」台湾精准医疗及分子检测协会理事长李钟熙博士也在活动中提到,「CerbACT Asia不仅是一个重要的实验室,行动基因与Cerba Research结盟更是重大的里程碑,标志着亚洲与欧洲在医学上的合作意义。」CerbACT Asia总经理魏大程博士承诺:「CerbACT Asia将提供高质量的检测结果,并期许藉由精准医疗改善病患成效。」行动基因执行长陈华键博士表示:「我们很高兴和Cerba Research成为合作伙伴,共同在亚洲地区提供更全面的顶尖技术和服务。CerbACT Asia的成立呼应了我们对癌症患者福祉的致力支持,对贡献社会的热切承诺,以及对精准医学的专注与坚持。」关于CerbACT Asia一所专注于免疫肿瘤学的卓越技术中心,透过其深厚的生物标记专业知识、应用于研究和临床开发之策略上,以致力于精准医疗的发展、及推动更优良的病患医疗质量。以流式细胞技术 (FCM)、免疫组织化学染色技术 (IHC)、及周边血单核细胞 (PBMC) 分离等尖端技术为后盾,加上在亚太地区作为中央...

Read More

科轩动力12米电动巴士通过欧洲认证

HONG KONG, Oct 7, 2021 - (亚太商讯 via SEAPRWire.com) - 新能源汽车及综合技术解决方案供应商科轩动力(控股)有限公司(「公司」;股份代号:476,连同其附属公司,统称「科轩动力」或「集团」)今天宣布,其12米电动巴士车型已通过欧洲经济委员会的整车型号认证(WVTA)及新能源巴士能耗标准循环测试(E-SORT),为公司进军欧洲市场奠定稳固基础。公司的12米电动巴士目前正在送往德国慕尼黑途中,稍后将向欧洲客户展示及供其测试。能源效益优越、电池容量大的科轩动力12米电动巴士,即将在慕尼黑亮相,向欧洲客户展示及供其测试此款高科技车辆经过专门设计,不但车身光洁醒目,其设计及制造亦符合欧洲标准,具有可靠的爬坡性能。公司将与其战略伙伴Quantron AG (「Quantron」)(从事城市内电动交通以及地区货运及客运的德国公司),以此12米电动巴士车型进军欧洲市场。科轩动力行政总裁Miguel Valldecabres Polop表示:「我们很高兴在欧洲电动汽车市场推出电动巴士方面迈进一大步。随着车辆现已通过认证,我们已准备就绪,善用Quantron的业务网络和经验,在欧洲推出我们的产品。我们相信这款高性能环保巴士将受到欧洲市场的热烈欢迎,并成为替代现时行驶中柴油巴士的关键解决方案,因此具有巨大的发展潜力。」科轩动力国际顾问、Quantron行政总裁Michael Perschke表示:「在利好政策和公共交通电气化的市场趋势下,我们看到欧洲对电动汽车的需求不断增长。根据战略合作伙伴关系,Quantron将专注于产品开发,而科轩动力将负责生产。我们已参与数次公共交通的投标。双方的合作取得了重大进展,未来将继续带来良好的运营效率和强劲的业务增长。」目前,公司共持有9,157 Quantron的股份,约占该德国公司经扩大股本14.43%。 Quantron已开始向奥地利宜家家居交付电动货车。关于科轩动力(控股)有限公司(股份代号:476)科轩动力(控股)有限公司为新能源商用车的先行者和实践者、专用客车和新能源客车整车生产商,在新能源平台化电系统及关键零部件方面有着坚实的技术基础,是出行与物流综合解决方案的供应商。集团在重庆拥有生产基地,并着力开拓中国内地、香港、亚太地区及南美等地的销售网络。新闻垂询纵横财经公关顾问有限公司梁家仪 +852 2114 4172 phoebe.leung@sprg.com.hk李溢晴 +852 2114 4313 brigid.lee@sprg.com.hk网址:www.sprg.com.hk Copyright 2021 亚太商讯. All rights reserved. (via SEAPRWire)

Read More

CerbACT Asia Holds Ribbon Cutting to Celebrate New Immuno-oncology Centre of Excellence

HONG KONG, Oct 7, 2021 - (ACN Newswire via SEAPRWire.com) - ACT Genomics Holdings Co. Ltd. ("ACT Genomics" or "the Group") announced today that CerbACT Asia (Taipei, Taiwan), a Cerba Research and ACT Genomics joint venture, had unveiled its new purpose-built facility to empower precision medicine for better patient outcomes. The opening ceremony of CerbACT AsiaThe opening ceremony held on the 30th September 2021, was attended by distinguished guests virtually and in-person, marking the start of operations and expansion of the precision medicine offer in Asia. Deep scientific expertise from both sides of the joint venture supports new growth areas for biotech and pharma clients globally to drive better patient outcomes across all phases of clinical trials. State-of-the-art technologies and instrumentation strengthen capabilities and services offered to clients on a truly global scale, including: - Cutting-edge flow cytometry technologies- Exploratory and next-generation IHC histopathology services- PBMC and cell isolations from blood and soft tissues Mario Papillon, CEO of Cerba Research, comments, "Our expansion with ACT Genomics validates our innovative history as a company. With ...

Read More

Ev Dynamics’ 12-Meter E-Bus Passes Homologation in Europe

HONG KONG, Oct 7, 2021 - (ACN Newswire via SEAPRWire.com) - Ev Dynamics (Holdings) Limited (the "Company", Stock Code: 476, together with its subsidiaries, collectively "Ev Dynamics" or the "Group"), a provider of new energy vehicles and integrated technology solutions, today announced that its 12-meter E-Bus model has passed the Whole Vehicle-Type-Approval System (WVTA) and Standardized On-Road Test Cycles (E-SORT) of the Economic Commission of Europe, laying the foundation for the Company's entry into the European market at large. The Company's 12-meter E-Bus is currently on its way to Munich, Germany, where it will be used as a test and display unit for European clients.With an impressive energy performance and a large battery capacity, Ev Dynamics'12-meter E-Bus is set to make an appearance in Munich soon as a test and display unit for European clientsSpecifically designed with a distinctive and fresh aesthetic, this high-tech vehicle has a reliable grade climbing performance and has been designed and manufactured to meet European standards. The Company will work with its strategic partner, Quantron AG ("Quantron"), a German-based company engaged in inner-city e-mobility and re...

Read More

Energy System Built on Bitcoin Lightning Network with Whive Protocol pilots in East Africa

Nairobi, Kenya, Oct 7, 2021 - (ACN Newswire via SEAPRWire.com) - BitHub Africa, collaborating with Hivos East Africa, deployed its first blockchain-backed sustainable energy solution called the Melanin Smart Box (MSBX) at a Maasai village known as Singiraine in Kajiado, Kenya. This deployment follows five years of research and development by BitHub Africa at its research lab in Nairobi.Solar & Blockchain Documentary, "BitHub Africa & Hivos East Africa Partnership", https://youtu.be/L2rS1P5ph_QSolar PV Panels Installed on Singiraine Dispensary RoofBitHub Africa & Melanin Solar Research & Development TeamInstallation of Melanin Solar Smart Box (MSBX) by Vendor in SingiraineThese efforts were made possible in partnership with the County Government of Kajiado, allowing for the installation of the initial pilot phase at a local dispensary, school and church within the village. The community has applauded the project, which they say is proving to be highly valuable to them."There was no proper lighting in many local institutions at the village coupled with insecurity at night. Since we have Melanin Solar, we have made savings on costs that would go towards purchasing petr...

Read More

Motul Refines Power and Performance with New Version of Flagship 300V Motor Oil

ESTERCore® Technology Formulated with Organic BaseAsia Pacific market availability starting November 2021 Singapore, Oct 7, 2021 – (ACN Newswire) – Motul is delighted to announce that a new version of its flagship motor oil, the 300V, is now available in markets across the Asia Pacific region. The new and improved 300V is not only the ideal motor oil for racing drivers and motorsport enthusiasts, but also for every-day drivers looking for an ideal, hassle-free motoring experience. The 300V, Motul’s flagship product since its introduction 50 years ago, features ESTERCore® technology – an innovation which involves the combination of carefully-chosen esters with an optimal selection of top quality synthetic base oils, while coupled with an innovative additives package. Improvements include: Improved performance: The new Motul 300V racing oil improves engine performance by reducing internal friction, and ensures proven power and torque gains across the whole power band;Better reliability: Motul 300V protects engines without compromising performance by providing high shear stability for maximal oil film resistance, even in most extreme conditions;Improved compatibility: Motul 300V now f...

Read More

E-Wallet DANA partners with Igloo, Providing Electronic Gadget Insurance

JAKARTA, Oct 7, 2021 - (ACN Newswire via SEAPRWire.com) - Indonesia's leading e-wallet DANA today expands a new added value for its users by providing phone screen protection insurance with Singapore-headquartered regional insurtech Igloo. Through this partnership, DANA aims to offer its over 80 million users an affordable microinsurance solution through a digital channel to purchase mobile phone screen protection and make a claim, all in one app.Underwritten by PT Jasa Asuransi Indonesia-Jasindo and distributed by PT Insco Multi Pratama, plans start from as low as Rp500 and cover up to a maximum of Rp200,000 for cracked phone screens on both new and used mobile phones. To activate the protection, users can navigate to "DANA Siaga" in the DANA app to select a plan that suits their lifestyle or select the add-on when completing their purchase of mobile recharge.Together with Igloo, DANA has introduced a digital solution for mobile phone screen protection for avid mobile users in Indonesia who want hassle-free and easy claims management for insurance solutions."As a lifestyle-based digital wallet application, DANA offers a one-stop solution to accommodate the various characteristics ...

Read More

Mattex Asia Announces Partnership With Build King

HONG KONG, Oct 7, 2021 - (ACN Newswire via SEAPRWire.com) - Mattex Asia Development Limited ("Mattex Asia"), a subsidiary of Asia Allied Infrastructure Holdings Limited (stock code: 00711), today announced that Build King Holdings Limited ("Build King"), a major construction contractor in Hong Kong, has agreed to invest in the company and a cooperation agreement signing ceremony was held this morning. The contract value of the investment is approximately HK$6 million. Build King will become the strategic shareholder of Mattex Asia and the parties will cooperate in accelerating the digitalisation of processes used in construction material management and procurement.Mr. Pang Yat Ting, Dominic, Chairman of AAI (third left); Ir Dr. Pang Yat Bond, Derrick, JP, CEO of AAI, Founder and Chairman of Mattex Asia (second right); Ir Zen Wei Peu, Derek, Chairman of Build King (middle), Mr. Roy Lam, CEO of Mattex Asia (third right); Mr. Shea Chun Lok, Martin, CFO of AAI (second left); Mr. Cheung Ho Kin, Dennis, Director of Mattex Asia (first right), and Ms. Li Hing Tin, Joyce, Financial Controller of AAI (first left), attended the contract signing ceremony. Ir Zen Wei Peu, Derek, Chairman of Bui...

Read More

材迅亚洲宣布与利基控股成为合作伙伴

HONG KONG, Oct 7, 2021 - (亚太商讯 via SEAPRWire.com) - 属亚洲联合基建控股有限公司(股份代号:00711)旗下的材迅亚洲发展集团有限公司(「材迅亚洲」)今天宣布获香港主要承建商利基控股有限公司(「利基控股」)投资并达成合作协议,并于今天早上举行签约仪式,是次投资合约金额总值六百万港元,利基控股成为策略性股东并携手推进建造业建材管理和采购的电子化进程。亚洲联合基建主席彭一庭(左三)、亚洲联合基建行政总裁、材迅亚洲创办人兼主席彭一邦博士工程师太平绅士(右二)、利基控股主席单伟彪工程师(中)、材迅亚洲行政总裁林伟雄(右三)、亚洲联合基建首席财务官佘俊乐(左二)、材迅亚洲董事张浩坚(右一),与亚洲联合基建财务总监李庆钿(左一)出席签订合作协议仪式,携手推进建造业建材管理和采购的电子化进程。 利基控股有限公司主席单伟彪工程师表示:「推进电子化及智能管理已是现今建造业首要的发展项目,很高兴材迅亚洲为业界创造先河,于每年高达1200亿港元的建材采购市场里,提供首个网上管理及采购平台。作为同样不断追求创新的香港承建商,利基除率先成为首批客户之外,更锐意投放资源完善及发展eMat建材管理平台,我们有信心eMat会为业界带来革命性的崭新气象。」亚洲联合基建行政总裁、材迅亚洲创办人兼主席彭一邦博士工程师太平绅士表示︰「我们很荣幸能够获得利基控股投资并成为合作伙伴,强化材迅亚洲的eMat网上建筑物料管理及交易平台,持续深化建材管理和采购电子化进程,进一步将传统建筑业的工作流程经由科技去推动行业演化。通过是次合作,材迅亚洲将会增强与建筑行业的友好关系及促进平台持续发展,为整个行业建构一个合适的营运效率体系,致力打造智能管理新世代。」材迅亚洲的eMat网上建筑物料管理及交易平台推出至今深受业界欢迎,一方面方便承建商作高效率建筑物料采购及管理,同时帮助建筑物料供货商寻找商机。平台具丰富卓越的功能,包括供货商于收到系统实时报价通知后,可于eMat实时投标;透过eMat平台承建商可与供货商实时沟通;承建商可随时掌握采购流程及运送进度,大大减低营运成本;以及订单记录以电子形式储存于eMat平台,减少数据遗失和人为失误的风险。材迅亚洲发展集团有限公司材迅亚洲发展集团有限公司(「材迅亚洲」)于2017年成立,为亚洲联合基建控股有限公司﹝股份代号为 00711﹞成员之一。材迅亚洲是一间本地技术开发公司,致力发展高端及完善的建筑物料管理及采购平台,目标是推进建造业界的数码化进程,完善全渠道的销售和服务模式,从而帮助业界提高利润。利基控股有限公司 (股份代号:00240.HK)利基控股有限公司 (「利基」)主要在三个领域提供全面的建设服务 - 土木工程,建筑和环境。以积极进取的管理理念及综合学科能力,将广泛的技术应用在私营和公营多类型的工程上,并涵盖整个工...

Read More

Motul 推出全新版本 300V 旗舰机油产品,重新定义动力与表现

北京, 2021年10月7日 - (亚太商讯 via SEAPRWire.com) - Motul 在此宣布:全新版本的 300V 机油已於亚太区市场隆重登场!新配方经改良後,不但为赛车手及赛车运动爱好者带来最优质的机油产品,同时满足一众渴望拥有轻松非凡体验的日常驾驶者。300V 产品早於 50 年前推出,一直是 Motul 的畅销旗舰产品。产品采用 ESTERCore® 专业技术配制,结合精心挑选的酯类与合成基础油,以及创新的添加剂配方组合而成。是次改良范围包括:- 更佳性能:全新 Motul 300V 机油透过减低内部摩擦,改善发动机性能,同时确保整个功率范围内均有稳定可靠的动力和扭力;- 更高稳定性:Motul 300V 在不影响性能的情况下提供最佳剪切稳定性及油膜阻力,以保护发动机,使其在极端状态下仍能如常运作;- 更高兼容性:Motul 300V 现已符合现代发动机标准;不但可与废气处理系统 (如粒子过滤器) 完全兼容,亦可与生物燃料 (特别是乙醇) 兼容,更可保护发动机免受 LSPI 破坏 (适用於小型发动机)。- 更具持续性:Motul 300V 采用可再生非化石原料作为基础油,将对环境造成的伤害减至最低,同时将生产过程中的碳足印降低达 25%。Motul 出产的 300V 机油更设有多款粘度选择,以配合不同车辆及驾驶人士在不同驾驶状态下的需要。产品已在亚洲通过全面测试,评估其在多个情景下的性能表现。测试范围包括:POWER: 拥有极致轻量的黏度,由 0W-8 至 5W-30 不等,不但可为发动机提供最高功率,亦可应付低燃油稀释的发动机;粘度选项: 0W-8; 0W-16; 0W-20; 0W-30; 5W-30COMPETITION: Motul 中黏度级别,由 0W-40 至15W-50 不等,实现动力与稳定性的完美平衡,应付中燃油稀释的发动机;粘度选项: 0W-40; 5W-40; 10W-40; 5W-50; 15W-50LE MANS: 新一代 300V Le Mans 系列为发动机提供最佳稳定性,现设 10W-60 及 20W-60 黏度两种选择。产品适用於耐力赛及飘移等极限赛车运动,更是全球唯一获冠以 "24 hours of Le Mans" (勒芒24小时耐力赛) 衔头的机油产品。粘度选项: 10W-60; 20W-60LIONEL DANTIACQ | Motul 亚太区行政总裁「我们很高兴在亚洲各个主要市场推出全新系列的 300V 产品。过去 50 年,300V 一直为业界订立润滑油的最高标准。Motul 亦致力在科研及创新技术方面投入大量资源,发展出多项专为现代发动机及驾驶环境而设的突破性技术,包括 ESTERCore®。这些技术全部通过专业测试,为赛车选手及驾驶者带来动力丶耐力和稳定性十足的极致体验。」MOTUL MI...

Molnupiravir, an antiviral pill for Covid-19, will be available in S’pore once approved: MOH

SINGAPORE - People infected with any known variant of the coronavirus, including the Delta variant, may soon be able to pop a pill for treatment once the Health Sciences Authority (HSA) gives the green light, said the Ministry of Health (MOH). It said on Thursday (Oct 7) in response to queries from The Straits Times that it has signed an agreement with MSD Pharma - known as Merck in the United States and Canada - to purchase molnupiravir. Molnupiravir is an antiviral pill to treat Covid-19 by targeting an enzyme that the virus needs to make copies of itself, by introducing errors into its genetic code. This particular enzyme - known as the viral polymerase - does not change across the different variants, making the drug effective across the Gamma, Delta and Mu variants. Data from clinical trials suggests the drug is most effective when given early in the course of infection, said MSD. Interim trial results last Friday showed the drug may reduce the chance of hospitalisation or death by half for patients who are at risk of severe disease. The drug will be available for use after MSD submits its data to HSA and obtains authorisation for use in Singapore. The timeline for approval is ...

Read More

Build better regional and multilateral partnerships to prepare for future pandemics: Lawrence Wong

SINGAPORE - Building adequate buffers for future pandemics, right-sizing resources, and ensuring good outcomes are essential to making good investments in, and financing, public healthcare, said Finance Minister Lawrence Wong. At the multilateral and regional level, this means building better mechanisms to prepare for future health crises similar to the Covid-19 pandemic, including risk pooling and the sharing of information, he added. He was speaking at a panel discussion on the second day of the Special Ministerial Conference for Asean Digital Public Health. The event was held virtually on Wednesday (Oct 6) and Thursday. Mr Wong noted that after the 1997 Asian financial crisis, the region emerged stronger and more resilient by implementing stronger surveillance systems and multilateral currency swop arrangements such as the Chiang Mai Initiative Multilateralization. "In the same way, we have to build better mechanisms to prepare for public health crises and emergencies. That can include, at a very simple level, better exchange of information... (and) initiatives like risk pooling and sharing of resources," he said. Countries should not swing to the extreme and think that because ...

What parents need to know before in-person classes in primary school start from Oct 11

SINGAPORE - Primary 1 to 6 pupils will resume in-person classes in phases from Monday (Oct 11), while exams for Primary 3 and 4 pupils will be cancelled, said the Ministry of Education (MOE). The Straits Times takes a closer look at what primary school pupils and parents need to know before classes resume. 1. Resumption of face-to-face classes in phases From Monday, Primary 3 to 6 pupils will return to school. The phased return will ensure that safe management measures are implemented effectively as pupils return to school, said MOE. Primary 1 and 2 pupils will continue home-based learning on Monday and Tuesday. They will return for face-to-face lessons only from Wednesday (Oct 13). Those from special education schools will be given more details on the phased resumption. MOE said it had earlier put in place home-based learning from Sept 27 to Oct 8 to reduce any disruption to the cohort taking the PSLE and as an extra precautionary measure. Co-curricular activities and other after-school activities will remain suspended for all levels, including secondary schools, Junior Colleges and Millennia Institute. 2. Mandatory self-testing before return to school Parents of Primary 1 to 5 pu...