Over 90 hotels in S’pore have served as quarantine or stay-home notice facilities

SINGAPORE - As Covid-19 infections continue to rise, the number of hotels that have served as isolation facilities has jumped from more than 70 in May to more than 90 as at Wednesday (Aug 4). Since March last year, these hotels have - at some point - been used as government quarantine facilities or stay-home notice dedicated facilities (SDFs). They are activated based on current needs, the Ministry of National Development (MND) told The Straits Times. It did not say how many hotels are currently serving as such facilities. SDFs refer to accommodation for incoming travellers who are issued with stay-home notices, while government quarantine facilities are for those who need to be isolated, as they have come into close contact with Covid-19 cases. Depending on the circumstances, people who are under a quarantine order or SHN can also serve it at home, MND noted. As at Wednesday, there were around 14,000 people under quarantine, 5,000 of whom were placed in government quarantine facilities, according to data from the Ministry of Health (MOH). On Tuesday, MOH apologised for delays in ferrying people under quarantine orders to the facilities. It said the number of people under quarantin...

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AsiaPresswire Launching Crypto Press Release Distribution Packages in Korea

Via AsiaPresswire’s KOREA press release distribution packages, executives and teams of Cryptocurrency companies can reach millions of potential KOREA readers by distributing company news on Yahoo Finance, Yahoo News, Bloomberg, BusinessInsider, Associated Press, advFN, MarketWatch, MarketScreener, FT.com, NASDAQ.com as well other popular KOREA Cryptocurrency websites available on-demand, such as Morning Star, Reuters, and The Street. “While there is a potential for strong government regulations in KOREA, looming over the tech sector in the months to come, there is also an opportunity for the firms to boost investor confidence through powerful Cryptocurrency campaigns,” said TY Song, AsiaPresswire’s COO of KOREA Media Relation Department. Cryptocurrency giants have been forced to revamp outdated websites and optimize online marketing channels to reach target audiences through Cryptocurrency content. Cryptocurrency companies in need of new targeted channels for strategic distribution select AsiaPresswire’s Cryptocurrency Distribution Platform to reach new customers during this unprecedented time. KOREA Companies need to create more Cryptocurrency content. Beyond the creation of said ...

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From Red Gold to Olympic Gold: Seedo Corp. Seeks Solutions for Athletes and More

Seedo Corp. highlights saffron’s medicinal properties as mental health takes center stage at the Olympics in Tokyo. Tel Aviv, Israel, Aug 4, 2021 – (ACN Newswire) – Seedo Corp. (http://saffron-tech.ag) (OTC: SEDO), an agtech company that is developing the protocols to grow saffron using vertical farming technology, today announced that it is expanding its research to include the study of the spice’s well known natural anti-anxiety and antidepressant properties. Similar to the approach of the indoor cannabis industry, Seedo hopes to be able to enhance the medicinal properties of this unique herb for use in pharmaceutical and nutraceutical applications. Mental health has come to the forefront in sports with Simone Biles withdrawing from the Tokyo Olympics and Naomi Osaka opting out of the French Open and Wimbledon. With mental health entering the cultural conversation, Seedo Corp. hopes saffron will be seen as part of a new nature-based approach to mental health. Simone Biles “The timing is right to leverage saffron’s potential medicinal properties and create new applications that could address the recent paradigm shift regarding mental health,” says David Freidenberg, CEO. “Seedo Co...

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Habitat for Humanity to hold Asia-Pacific Housing Forum in Thailand for the third time

BANGKOK, Aug 5, 2021 - (ACN Newswire via SEAPRWire.com) - Habitat for Humanity announced that the eighth Asia-Pacific Housing Forum with the theme, "Building forward better for inclusive housing", will be held in Bangkok from December 7 to 9. This will be the third time that the affordable housing forum will be held in Thailand. The strategic location of the country, presence of a strong and vibrant international development community in Bangkok, and Habitat for Humanity's 23-year history of building homes in Thailand, were the key considerations for the choice of venue for the biennial event."The focus for this year's Asia-Pacific Housing Forum centers on how affordable and sustainable housing solutions can bring an inclusive future for vulnerable and low-income families through greener, safer, and more resilient approaches," said Luis Noda, area vice president of Habitat for Humanity in the Asia-Pacific region.Globally, the health and economic impacts of the ongoing pandemic have exacerbated the housing crisis and made clear how crucial having safe, secure, and adequate housing is to one's health, wellbeing, and even survival. Around the world, approximately 1.6 billion people li...

Hong Kong’s ESR to buy real estate fund manager ARA Asset for $7 billion

BENGALURU (REUTERS) - Hong Kong-based ESR Cayman will buy the entire share capital of real estate fund manager ARA Asset Management for US$5.2 billion (S$7 billion), the companies said on Wednesday, creating Asia Pacific's biggest real asset fund manager. Following the deal, the combined entity will have US$129 billion of assets under management, according to the companies, of which US$50 billion will focus on real estate, such as data centres. Through the acquisition of ARA, and its unit Logos, logistics real estate manager ESR plans to focus on the e-commerce sector. Citigroup Global Markets Singapore was the lead financial adviser for ARA, while Morgan Stanley Asia was the financial adviser for ESR. In April this year, ESR clinched another deal, in partnership with Singapore's GIC, to buy some Australian assets from Blackstone Group for A$3.8 billion ($2.8 billion). More on this topic Related Story Property heir urges Hong Kong to improve land policy Related Story For China's property developers, Hong Kong is becoming Shenzhen's backyard

Robinhood surges 50% in frenzied trading, as investors scoop up ‘the meme of memes’

BENGALURU (REUTERS) - Shares of Robinhood Markets rose more than 50 per cent on Wednesday (Aug 5) during a wild trading session as investors scooped up shares after its underwhelming stock market debut last week. The online brokerage's shares closed at US$70.39, off the session high of US$85 when the stock was up nearly 82 per cent, with one analyst dubbing it "the meme of memes" in a reference to stocks popularised this year by retail investors congregating in online platforms such as Reddit's WallStreetBets. The stock has risen far above its initial public offering price (IPO) of US$38 per share and has logged its fourth straight day of gains. Its market capitalisation rose to US$58.8 billion (S$79.5 billion), catapulting it ahead of Twitter, restaurant chain Chipotle Mexican Grill and asset manager T. Rowe Price. Interest in the stock among retail investors soared on social media despite its weak market debut last week, when it fell below its IPO price. It was unclear exactly how much of Wednesday's buying was from retail investors, though. On Tuesday, retail trading volume rose tenfold, helping the stock gain 24 per cent, according to Vanda Research. Over the past 24 hours, Rob...

DBS Q2 profit up 37% to $1.7 billion; quarterly dividend raised to 33 cents

SINGAPORE - DBS Group Holdings posted on Thursday (Aug 5) a 37 per cent jump in second-quarter net profit to a quarterly record of $1.7 billion amid higher fee income and lower allowances. Its earnings topped the $1.47 billion average estimate of three analysts polled by Bloomberg. The board has declared a dividend of 33 cents per share for the second quarter, compared to 18 cents a year ago, bringing the first-half dividend to 51 cents per share. This follows the Monetary Authority of Singapore's lifting of restrictions that capped dividend payouts from local banks and finance companies at 60 per cent of the previous year's dividend amid the Covid-19 pandemic. Singapore’s largest lender’s latest earnings dipped 15 per cent from its all-time high of $2.01 billion in net profit in the first quarter. DBS chief executive Piyush Gupta said business momentum and asset quality have both been better than expected as the economic recovery from the pandemic takes hold. "While risks remain, our pipeline remains healthy and we expect business momentum to be sustained in the coming quarters," he said. The lender’s net interest income fell 9 per cent year-on-year to $2.09 billion in the second ...

US stocks weighed down by lacklustre hiring data

NEW YORK (AFP) - Wall Street stocks mostly fell on Wednesday (Aug 4) following lacklustre hiring data that offset other strong economic reports, exacerbating worries that the US recovery from last year's downturn is slowing. Hiring by American private firms slowed sharply in July to 330,000, with dramatically lower gains in the construction and leisure and hospitality sectors, according to payroll services firm ADP. The weak data will fuel the narrative that the US economy has reached "peak growth," said Briefing.com analyst Patrick O'Hare. It also offset a survey from the Institute for Supply Management that showed service sector activity hitting an all-time high in July as businesses continued to fully reopen. The Dow Jones Industrial Average dropped 0.9 per cent to 34,792.67. The broad-based S&P 500 fell 0.5 per cent to 4,402.66, retreating from a record, while the tech-rich Nasdaq Composite Index added 0.1 per cent at 14,780.53. Gregori Volokhine, president of Meeschaert Financial Services in New York, pointed to instances in recent sessions when companies have reported strong results, yet still saw their stocks fall. "That's a bad sign for markets," Volokhine said. "Investors ...

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AsiaPresswire Launches Cryptocurrency PR Distribution Packages in Korea

Seoul, KOREA / SEAPRWire / Cryptocurrency prices soared as a result of the coronavirus pandemic. Investors will be closely monitoring the tech sector and C-suite Cryptocurrency executives will be looking to make every effort to boost brand perception. With AsiaPresswire‘s Cryptocurrency Distribution Platform, Cryptocurrency leaders can effectively distribute their company news, updates and performance reports to the KOREA’s most-read Cryptocurrency media outlets and publications to effectively increase brand awareness. Via AsiaPresswire’s KOREA press release distribution packages, executives and teams of Cryptocurrency companies can reach millions of potential KOREA readers by distributing company news on Yahoo Finance, Yahoo News, Bloomberg, BusinessInsider, Associated Press, advFN, MarketWatch, MarketScreener, FT.com, NASDAQ.com as well other popular KOREA Cryptocurrency websites available on-demand, such as Morning Star, Reuters, and The Street. “While there is a potential for strong government regulations in KOREA, looming over the tech sector in the months to come, there is also an opportunity for the firms to boost investor confidence through powerful Cryptocurrency campaigns...

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The 26th edition of World AI Show shed light on the need to accelerating the adoption of AI in Malaysia

MALAYSIA, Aug 4, 2021 - (ACN Newswire via SEAPRWire.com) - Malaysia played host to the most content-rich virtual conference on Artificial Intelligence and related future-tech on Friday, 23 July 2021. Hosted by Trescon, World AI Show convened over 300 online participants that included major stakeholders of Malaysia's AI ecosystem including government authorities, top AI experts and solution providers. The online conference featured leading AI organizations such as Dataiku and Denodo to discuss Malaysia's AI prospects.The conference was themed on assisting key government entities and private enterprises in developing a comprehensive AI roadmap and also how Artificial Intelligence can disrupt that one does business and generate value.The event focused on key topics such as AI-driven innovation in the new normal; the road to efficient deployment of AI; human and machine interface to detect cyber threats and risks; how data virtualization accelerates ML and AI projects; AI framework and technological infrastructure strategies for the Malaysian and APAC Government authorities; powering data with AI and much more.Some of the top speakers who attended the event that took place on 23 July 2...

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Moonstake to Host Joint Webinar with Partner IOST on 12 August 2021

SINGAPORE, Aug 4, 2021 - (ACN Newswire via SEAPRWire.com) - On 12 August 2021, Moonstake will be taking part in a joint webinar co-hosted with our strategic partner, IOST, at 7PM Singapore Time/ 11AM UTC. The event will center around our collaboration to enable IOST staking on Moonstake wallet and how both of our projects are accelerating the growth of staking. This webinar will be useful for those who want to learn more about the IOST ecosystem and its value to crypto users through the partnership with Moonstake.IOST is an enterprise-level blockchain network developed for online service providers. It utilizes a unique, breakthrough consensus algorithm called "Proof of Believability" (PoB) that allows high transaction throughput speeds while all the nodes stay compliant. IOST is one of the Big Four public chains with a rich user base and real applicability alongside Ethereum, EOS, and TRON with 500,000 community members, over 20 countries worldwide, over 400 nodes, top staking economy, and growing.Moonstake successfully integrated IOST staking functionality along with the IOST account creation into our wallets through technical partnership in May 2021. Since then, we've contributed...

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HKTDC Food Expo and five concurrent events open next week

HONG KONG, Aug 4, 2021 - (ACN Newswire via SEAPRWire.com) - The HKTDC Food Expo, Hong Kong International Wine & Spirits Fair (Special Edition), HKTDC Hong Kong International Tea Fair, HKTDC Home Delights Expo and HKTDC Beauty & Wellness Expo, hosted by the Hong Kong Trade Development Council (HKTDC), will be held concurrently at the Hong Kong Convention and Exhibition Centre (HKCEC) from 12 August. More than 880 exhibitors are expected to participate, providing the public with a diverse one-stop shopping experience.The HKTDC Food Expo, Hong Kong International Wine & Spirits Fair (Special Edition), HKTDC Hong Kong International Tea Fair, HKTDC Beauty & Wellness Expo, HKTDC Home Delights Expo and the ICMCM will be staged concurrently at the Hong Kong Convention and Exhibition Centre, starting from 12 August. Benjamin Chau, HKTDC Deputy Executive Director, introduced highlights of the six events at a press conference today.The Food Expo gathers international foods from different countries and regions, including a Coffee Capsule which is originated, roasted, ground and packaged in France, and natural beauty care product rosehip puree from Finland.The Hong Kong Internati...

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CryptoHawk已经为订阅者提供2个月BTC的回报率为44.5%,ETH的回报率为22.1%

TORONTO, ON / ACCESSWIRE, Aug 4, 2021 - (亚太商讯 via SEAPRWire.com) - DigiMax Global Inc.(“公司”或“DigiMax”)(CSE:DIGI)(OTC:DBKSF)是一家提供人工智能(“AI”)和加密货币技术解决方案的公司,很高兴分享其在自 2021 年 6 月 1 日推出改进后的加密价格指标工具以来已有两个月。在 6 月的第一个月,在比特币和以太坊分别下跌 7% 和 15% 的时期,DigiMax 为遵循指标的订阅者提供了 27% 和 13% 的正回报。截至 7 月底,尽管比特币和以太坊在 7 月下旬都实现了强劲复苏,但 CryptoHawk 再次“捕捉到了波动性”,并在加密价格上涨时帮助投资者获得了强劲收益,就像之前的收益捕捉到的一样加密货币价格下跌的月份。在 2021 年 6 月至 7 月的合并期间,比特币的净变化为 +5.1%,而以太坊在此期间下跌了 -3.6%。相反,CryptoHawk 为订阅者提供了比特币 +44.9% 和以太坊 +22.1% 的订阅回报。CryptoHawk 正在继续证明,它不仅有助于“保护投资者免受加密责任的影响”,而且实际上有助于“投资者捕捉波动以获得巨额收益”。CryptoHawk 的结果为启动位于开曼岛的基于 CryptoHawk 的加密基金奠定了坚实的基础,预计将于 2021 年 8 月底推出,正如之前宣布的那样。 该基金的预上市正在开始,目前在 24 个月内实现 10 亿美元管理资产(“AUM”)的既定目标似乎是现实的。DigiMax 还高兴地注意到 WealthSimple 已开始在其网站上列出 DigiMax。 根据维基百科,“WealthSimple Inc. 是一家专注于千禧一代的加拿大在线投资管理服务。 该公司由 Michael Katchen 于 2014 年 9 月创立,总部位于多伦多。 截至 2021 年 2 月 19 日,该公司管理的资产超过 84 亿加元。”关于计算上述所有计算均假设每笔交易的投资金额恒定,报告的回报是在所述期间发送给订阅者的所有单个趋势指标的表现总和。这些回报假设投资者根据这些趋势指标进行多头和空头交易,并且回报不包括佣金成本,因为这些成本因每个投资者而异。比特币和以太坊的回报率是根据描述期间的第一天和最后一天的价格变化除以第一天的价格计算的。关于 CryptoHawkCryptoHawk 是一种人工智能驱动的价格趋势预测工具,任何有兴趣交易比特币或以太坊的投资者都可以使用它来获利。该工具有所不同,因为它使用人工智能和机器学习来从加密货币的波动中获取利润,而不是承担买入并持有投资的风险。在上涨和下跌的市场中,CryptoHawk 都有可能在交易时为订阅者带来更高的回报。总之,CryptoHawk ...

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Bluewill U.S. Online Shopping Platform launch on August 4

SANTA MONICA, CA, Aug 4, 2021 - (ACN Newswire via SEAPRWire.com) - Bluewill, is pleased to launch its North America shopping platform on Wed, August 4, 2021 (PST). All Bluewill products will be available for the US opening, at www.Bluewill.com. With the volatile markets of 2020-2021, people prefer to shop online, with E-commerce catching and finally surpassing offline retail in terms of annual sales. Many shops and merchants have tried to capture this growing market, offering low prices, but product quality and service guarantees often end up lacking in the end. This will continue in the coming months and years, but there are also some positive changes taking place. The Bluewill team is working hard to bring something new!A brand new way of shopping, 'Sharing is Saving'Bluewill brings a new concept to e-commerce, 'Sharing is Saving'. Achieve a lower price by creating or participating in '2 People Group' or '5 People Group' after clicking "Group Purchase" in lower right corner of product page, shopping with up to 70% discounts. People could buy the same product with their friends, family, neighbors by sharing links through Whatsapp, Facebook, Messenger, Twitter, Pinterest etc, or ev...

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Hitachi Rail Enters Agreement to Acquire Thales’ Ground Transportation Systems Business

Tokyo and London, Aug 4, 2021 - (JCN Newswire via SEAPRWire.com) - Hitachi, Ltd. (TSE: 6501) and Hitachi Rail today agreed to acquire Thales' Ground Transportation Systems business (the "Business" or "GTS") for an enterprise value of EUR1,660 million (~YEN215 billion). The final purchase price will be determined after customary adjustments typical for a transaction of this nature. The acquisition is expected to close in late FY2022(1), subject to the usual conditions including regulatory and antitrust clearances. Employee representatives of both Thales and Hitachi Rail will be informed and consulted according to the laws of the countries concerned throughout the process. Hitachi intends to promote the conditions for a smooth and successful integration of the Business and is willing to take a number of social commitments in this respect.GTS, a division of Thales, is a global leader in Rail Signalling and Train Control Systems, Telecommunications and Supervision systems and Fare collection solutions. In FY2020, GTS generated EUR1.6bn of revenues and today employs around 9,000 employees across 42 countries and is headquartered in Germany, France and Canada. Hitachi Rail expects GTS to...

Over 3,000 people in S’pore have responded to emergency medical, security alerts via SGSecure

SINGAPORE - Nurse Rubio Franchesca Santos was resting at home after her night shift at the National University Hospital one day last September, when she received an alert on her phone informing her someone nearby was having a heart attack. She rushed to Boon Lay MRT at 3pm, still in her pyjamas, and performed cardiopulmonary resuscitation (CPR) on the man having the heart attack until the Singapore Civil Defence Force (SCDF) arrived. 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.

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Spritzer Malaysia Offers Exclusive Promotions to Quench Thirst on Hot Days

KUALA LUMPUR, Aug 4, 2021 - (ACN Newswire via SEAPRWire.com) - Spritzer Malaysia (Spritzer or the Company), which produces Malaysia's best-selling natural mineral water, is having exclusive promotions on the Company's official Shopee store in conjunction with Shopee's 8.8 Brands Festival that ends on 08 August 2021. Stay safe, remain hydrated and healthy in this hot weather by shopping for various Spritzer Natural Mineral Water subscription plans from the comfort of home through https://shopee.com.my/spritzer.os from as low as RM127.50 per month catering to different household needs that can be delivered safely to your doorsteps.In addition, every subscription plan comes with a trendy rechargeable water pump dispenser that is not only functional but also lightweight in design, compact and portable.Spritzer is also pleased to introduce So Tinge!, a new line of fruit flavoured carbonated drinks coming in three flavours - watermelon, grape and lemon packed in 325ml bottles that is refreshing and thirst quenching on a hot day.In conjunction with Shopee's 8.8 Brands Festival, Spritzer is offering on the Company's official Shopee store the Spritzer Sparkling range at 50% off the regular ...

Woman caught on video not wearing a mask at MBS is expected to plead guilty on Aug 12

SINGAPORE - A woman captured on video not wearing a mask at the Marina Bay Sands (MBS) integrated resort is expected to plead guilty to her charges on Aug 12. Phoon Chiu Yoke, who is now in remand, appeared in court via video-link on Wednesday (Aug 4). She asked the court for her release, without conditions attached. Alleged offenders can be released on bail before they are convicted. Phoon, who is unrepresented, also asked for the return of her passport, stressing that she has a "stellar professional record". The court denied her application on Wednesday given the "egregious nature" of her charges. She continues to be in remand. Phoon currently faces 22 charges for various offences including multiple counts of failing to wear a mask at public places. She first appeared in court last year after she allegedly failed to wear a mask over her nose and mouth "at all times" at Newton hawker centre between 7.20pm and 8pm on May 8 during the circuit breaker period. She left Singapore for Britain soon after that alleged offence. She returned to Singapore on June 28 last year and had to serve a 14-day stay-home notice at MBS until July 12. The court had heard that she allegedly left her hote...

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Fujitsu AI Scoring Platform Powers New Galileo XAI Solution from LARUS for Financial Services

TOKYO, Aug 4, 2021 - (JCN Newswire via SEAPRWire.com) - Italian solutions vendor LARUS Business Automation S.r.l. and Fujitsu Limited plan to leverage components of Fujitsu's Finplex AI Scoring Platform Service EnsemBiz for LARUS' new Graph XAI (1) service, Galileo XAI, an offering for the financial services industry. Fujitsu's Finplex EnsemBiz offers users functionality ideally suited to financial services applications with added capabilities based on Fujitsu Research's existing "Deep Tensor" machine learning technology for analyzing graph-structure data. LARUS will begin offering its new Galileo XAI solution from August, while Fujitsu will offer related integration services to customers in the Japanese market.The combination of LARUS' graph-powered platform with Fujitsu's Finplex EnsemBiz makes it possible to achieve highly accurate analysis of graph structure data, a task not feasible with conventional technologies. Fujitsu and LARUS have developed this technology to mitigate potential risks and costs facing financial institutions, delivering a solution that can automatically detect sophisticated and complex illegal transactions, including self-financing (2) through advanced ana...

An industry at a crossroads – reimagining the automobile company

HONG KONG, Aug 4, 2021 - (ACN Newswire via SEAPRWire.com) - The automotive industry is at a crossroads. Traditional automakers, or original equipment manufacturers (OEMs), are in the midst of a tsunami that not all of them will survive. What will be the reason for their demise? Besides the transition from internal combustion engine (ICE) car to electric vehicle (EV), the car industry is undergoing an unprecedented structural transformation.New technologies - autonomous, connected, electrified, sharing (ACES) - are being introduced that will make drivers obsolete; while new competitors have entered the industry with Midas-like resources and accustomed to constant business model upheaval. Don't underestimate the enormous effect both are having on consumer behaviour and their demand for cars.Frankly, for the OEMs, it costs too much to design and build cars in the traditional way. The market evolution from internal combustion engine (ICE) car to electric vehicles (EV) is only serving to exacerbate the cost differential.It's clear that new thinking is needed if traditional car brands wish to survive this tsunami. Be plugged-in to consumer tastes and able to optimize for product-market f...