Singapore explores all options with nurses in short supply

SINGAPORE - Ms Nan Hnin Ei Phyu, 38, an assistant nurse clinician with the Singapore General Hospital (SGH), left Myanmar to come to Singapore in 2000 to study nursing. Her aunt, who was working here as a nurse, had encouraged her to do so, and Ms Nan, a Singapore permanent resident, was recently one of the 125 nurses presented with the Nurses' Merit Award. 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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Help pours in for siblings with rare disorder in Singapore

SINGAPORE - All three of Mr David Lang's children were born healthy, zipping through development milestones as they grew up. Justina, the eldest, could name 100 objects in a picture book at the age of one. Timothy, the middle child, would try and read everything he could. Titus, the youngest, could solve a Primary 2 mathematics problem when he was in kindergarten. But as they each grew older, they started falling more frequently when running, spoke less, and had seizures. Initially, Mr Lang, 63, and his wife, Mrs Lang Loo Geok, 62, suspected attention deficit hyperactivity disorder. Doctors attributed the falling to clumsiness and teachers thought they had behavioural problems. But it turned out to be Niemann-Pick disease type C, which causes cognitive and physical functions to degenerate. There are an estimated 500 cases diagnosed worldwide, according to the National Niemann-Pick Disease Foundation. It is fatal and incurable. In 2004, Timothy died at the age of 10. Titus, now 24, and Justina, 30, are unable to walk, stand, sit without support, talk, eat, drink or swallow their saliva. They are tube-fed and breathe through tracheostomy tubes. Because they require round-the-clock ca...

How shipping woes can hit your Christmas shopping

(BLOOMBERG) - If it seems like shipping delays and soaring delivery costs aren't getting any better, it's because they're both getting worse. Throughout the Covid-19 pandemic, blame for global supply-chain disruptions has bounced from virus outbreaks to container shortages, from spendthrift Americans gorging on household appliances and tools to a massive ship beaching itself across the Suez Canal in March. Those are still causing problems, but now a new hiccup threatens to prolong the pain, maybe even long enough to upset Christmas shopping: The key export hub of Yantian in the heart of China's factory belt was partially shut down in June to control virus cases, shrinking what little spare capacity existed in an industry that moves more than US$4 trillion (S$5.4 trillion) worth of goods across the global economy each year. "The latest one is the worst in terms of the supply-constraint hits," says McKinsey partner Steve Saxon in Shenzhen, China. He reckons it could be a month before Yantian is fully operational again, with the fallout rippling to other ports. That means container shipping rates could stay high and delivery times could get stretched out even more heading into the pea...

Fancy an Apple or Google car?

(BLOOMBERG) - At first glance, the forays Apple, Google and other tech giants are making into the world of cars don't appear to be particularly lucrative. Building automobiles requires factories, equipment and an army of people to design and assemble large hunks of steel, plastic and glass. That all but guarantees slimmer profits. The world's top 10 carmakers had an operating margin of just 5.2 per cent last year, a fraction of the 34 per cent enjoyed by the tech industry's leaders. But for Apple and other behemoths that are diving into self-driving tech or have plans for their own cars, that push isn't just about breaking into a new market - it's about defending valuable turf. "Why are tech companies pushing into autonomous driving? Because they can, and because they have to," said Mr Chris Gerdes, co-director of the Centre for Automotive Research at Stanford University. "There are business models that people aren't aware of." A market projected to top US$2 trillion (S$2.7 trillion) by 2030 is hard to ignore. By then, more than 58 million vehicles globally are expected to be driving themselves. And Big Tech has the means - from artificial intelligence and massive data, to chipmaki...

Cut chatter to make sound investments

Imagine trying to pick your meal from a restaurant menu that is a thick folder with five pages for appetisers, 10 pages worth of main courses and just as many for desserts. As you figure out what to order, you google for reviews, recall your friend's recommendations, pore over the photos on social media, and flip the pages back and forth multiple times. If this starts to feel overwhelming or even frustrating, you are probably experiencing something called analysis paralysis. Having the luxury of choice may sound like a good thing, but sometimes having too many choices can lead one to overthink things, making it hard to make a decision at all. This affects many of us in various aspects of our lives - in careers, relationships, and often at the beginning of our investment journeys. "That is a dilemma faced by many novice traders. They think there is a right or perfect answer they can find," said Mr Phan Vee Leung, who founded TrackRecord Trading to help the retail community understand the markets as professional traders do. "But if you listen to enough people, there will be enough reasons to take a long position and if you listen to enough people, there will also be enough reasons to...

MAS mystery shopping exercise: The good, the bad and the greedy

When a customer said she was totally clueless about insurance, the consultant explained how she could learn the basics by going to Comparefirst.sg, which contains useful information to help people decide on the suitable policies for them. After showing how to use the website on her laptop, the consultant fixed another meeting to give the customer time to do her own research on insurance. 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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ERA’s new CEO Marcus Chu: Cabby’s son rides real estate wave

Whoever thought Singaporeans lacked initiative and drive should meet Marcus Chu, the newly appointed chief executive officer of ERA Singapore and APAC Realty, the master franchisee for ERA in the Asia-Pacific. Committed to a career in sales, Mr Chu stumbled through a variety of jobs - forex trading, insurance and working at an engineering firm - before arriving at ERA Singapore in 1996. 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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BlueHelix Group (BHEX) releases HDEX, world’s first decentralized trading platform to support cross-chain deposit/withdrawal and trading any asset

SINGAPORE, Jul 10, 2021 - (ACN Newswire via SEAPRWire.com) - BlueHelix Group (BHEX) has released HDEX, the world's first decentralized trading platform that supports decentralized cross-chain deposit/withdrawal and trading of any asset, on July 8. HDEX is the perfect landing for BlueHelix' decentralized financial strategic layout and will continue to empower the BHEX centralized trading platform, BHEX Cloud Saas & Whitelabel solutions, and BHEX Chain in the ecological sectors of BlueHelix Group.HDEX decentralized exchange is based on BHEX Chain technology, the patented Bluehelix decentralized private key generation technology. It overturns CEX and the traditional DEX model, supporting arbitrary linkage and trading among heterogeneous chains and homogeneous chains which are fully compatible with various cross-chain technologies and standards, providing a technical foundation for HDEX to change the business logic of digital asset trading platforms.Therefore, through HDEX, users can realize "decentralized cross-chain asset safe deposit and withdrawal, the swap and circulation of any trading pair on-chain, and the rapid transfer of assets between any public chains, truly realizing ...

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Medical Companies in Germany Boost Investor Confidence with AsiaPresswire’s Medical Distribution Packages

Berlin, Germany / SEAPRWire / Medical shares soared as a result of the coronavirus pandemic. Investors will be closely monitoring the tech sector and C-suite Medical executives will be looking to make every effort to boost brand perception. With AsiaPresswire's Medical Distribution Platform, Medical leaders can effectively distribute their company news, updates and performance reports to the GERMANY's most-read Medical media outlets and publications to effectively increase brand awareness. Via AsiaPresswire's GERMANY press release distribution packages, executives and teams of Medical companies can reach millions of potential GERMANY 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 GERMANY Medical websites available on-demand, such as Morning Star, Reuters, and The Street. "While there is a potential for strong government regulations in GERMANY, looming over the tech sector in the months to come, there is also an opportunity for the firms to boost investor confidence through powerful Medical campaigns," said TY Song, AsiaPresswire's COO of GER...

Male teacher allegedly molested boy multiple times in Singapore primary school

SINGAPORE - A primary school teacher appeared in a district court on Friday (July 9), accused of molesting a boy at his workplace multiple times in 2017 and 2018. The 42-year-old Singaporean was handed five molestation charges in total. Details about the teacher, the boy and the school cannot be revealed because of a gag order. In a statement to The Straits Times, the Ministry of Education (MOE) said the man has been suspended from duty since November 2018 when the police investigation started. He is said to have first targeted the boy, who was then around 10 to 11 years old, in the school some time in late 2017. According to court documents, the man allegedly touched the child's private parts over his shorts. He is accused of committing a similar act on the boy four more times between March and October 2018. The ministry added in its statement: "MOE takes a serious view of staff misconduct and will not hesitate to take disciplinary action against those who fail to adhere to our standards of conduct and discipline, including dismissal from service." The man was offered bail of $15,000 on Friday and his case has been adjourned to Aug 5. For each count of molesting a child below 14 y...

New variant of phishing scams emerges, bank victims lost $1m from Jan to May

SINGAPORE - A new variant of phishing scams using spoofed SMS messages to target bank customers has been making its rounds, say the police. It contributed to 374 reported cases involving losses totalling about $1.07 million between January and May this year. In a statement on Saturday (July 10), the police said victims of this latest scam variant would typically be informed that there were payment attempts detected from their bank accounts. Such messages would then urge victims to click on the link provided in the same message if they did not make the transactions. When victims click on the link, they would be led to a phishing website that resembles the official website of a bank, requesting their personal particulars, Internet banking details and one-time passwords (OTPs). "As the scammers had spoofed the bank's SMS accounts, the scammers' message might appear in the same SMS conversation thread as a bona fide SMS message from the bank," said the police. After providing the details, the victims subsequently realised that they had been scammed after receiving SMSes about money being transferred from their bank accounts, added the police. The police advised members of the public to...

Waterspout spotted off East Coast beach near Bedok jetty

SINGAPORE - Sightings of a waterspout off East Coast Park were reported by several people on social media on Saturday morning (July 10). Ms Carrie Koh, a reader of The Straits Times, said that she saw the waterspout from her apartment in Bedok at around 7am, in the direction of Bedok Jetty, and posted a picture on social media. The waterspout lasted around 10 to 15 minutes. Facebook user Anj Arcega Subion spotted the waterspout from her home at Riviera Residences near Upper East Coast Road at 7.03am. "When I got up this morning and opened the window, it was a bit windy. When I saw the waterspout, I ignored it at first but when I saw it moving, I decided to take a photo," she said. A waterspout is a rotating column of wind associated with intense thunderstorms over the sea. It is a short-lived weather phenomenon seen occasionally over Singapore's coastal waters and usually dissipates rapidly upon reaching the coast, according to the National Environment Agency. A waterspout typically forms beneath cumulus or cumulonimbus clouds over warm coastal waters just before showers begin. The "funnel" is formed by water droplets in a rotating vortex of air. The lifespan of a waterspout varies...

Man charged with armed robbery at Bukit Batok licensed moneylender involving $22,000

SINGAPORE - A man was charged in court on Saturday (July 10) with armed robbery at a licensed moneylender in Bukit Batok. Syed Shahrul Nazrin Syed Mohibur Rahman, 30, allegedly committed the offence at about 7.10pm on Thursday at Block 372 Bukit Batok Street 31. He is accused of going to the licensed moneylender and showing a woman working there a handwritten note. Syed allegedly had two notes with him, but it is not clear which was shown to her. The first note read: "Don't panic. Don't shout. This is a robbery. Fill up the bag with money. You have two minutes. Or else!" The second note read: "This is a robbery. Don't shout. Don't panic. Put all the money in the bag and nobody will get hurt." Syed, a Singaporean, also purportedly indicated that he had a knife in his bag. The employee complied with his instructions and handed him $22,000 in cash. Syed is said to have fled the scene, but was arrested in Lorong 8 Geylang about 11 hours later. He had allegedly taken steps to mask his identity by covering his features with a hat and long-sleeved top, and had avoided leaving any trace of evidence at the crime scene. The police seized about $18,500 in cash, the two notes and a bag from hi...

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Morning Briefing: Top stories from The Straits Times on July 10

Good morning! Here are our top stories to kick-start your Saturday, July 10. GE2020, one year on: 8 highlights of S'pore's political landscape How have the events of a year ago reshaped politics for the longer term? READ MORE HERE The great Covid-19 pandemic exit: Is normalcy within reach yet? Indexes pressure infection-ridden nations to show recovery signs for economic benefits. READ MORE HERE Hong Kong government urged to scrap travel bubble plan with Singapore Lawmakers said HK should not offer quarantine-free travel to people from places that do not have the same "Covid zero" target. READ MORE HERE More on this topic Related Story ST newsletters: Get alerts on the latest news Active Covid-19 cases in ICU or those who require oxygen lowest in 18 days There was one locally transmitted case, making it the 12th day in a row of single-digit community cases. READ MORE HERE Those taking Pfizer-BioNTech Covid-19 vaccine can now get second dose in 3 weeks instead of 4 The latest change does not affect people taking the Moderna jab. READ MORE HERE G-20 panel calls for $100b in urgent reforms over next five years to combat pandemics Panel said pandemics will cost govts 700 times what it i...

Post-pandemic rebound spreading to Europe, Japan from America: Blackrock

A global post-pandemic recovery is underway, although growth rates can vary across countries and industries, said Blackrock chief Asia-Pacific strategist Ben Powell. Mr Powell told The Straits Times: "Country by country is opening up, something akin to the lights being turned on again. 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.

Ultra-rich still drawn to S’pore as wealth hub

SINGAPORE - The pandemic has failed to dent Singapore's status as a global wealth hub with well-off individuals continuing to put their riches here. Asset managers note that private banks like UBS, Citi and HSBC are expanding their wealth businesses despite the Covid-19 crisis. 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.

Singapore banks target region’s emerging affluent segment

SINGAPORE - Wealth managers are taking advantage of the Covid-induced consumer shift to digital by blending technology and human capabilities to expand their reach to the fast-growing emerging affluent segment across Asia. Growth of household wealth in Asia is likely to outpace the rest of the world with more people in Singapore expected to see their net worth cross the million dollar mark by 2025, studies show. 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.

US stocks end at records in rebound rally, with Dow up 1.3%

NEW YORK (AFP) - Wall Street stocks powered to fresh records on Friday (July 9), shaking off concerns about global growth and the Delta variant of Covid-19 that had pressured equities the day prior. All three major indices closed at all-time highs, led by the Dow Jones Industrial Average, which finished up 1.3 per cent at 34,870.16. The broad-based S&P 500 jumped 1.1 per cent to 4,369.55, while the tech-rich Nasdaq Composite Index gained 1 per cent to 14,701.92. Analysts attributed the rally to bargain hunting after Thursday’s losing session, along with relief at a jump in the yield of the 10-year US Treasury bond after it sagged below 1.3 per cent on Thursday. “We’re in a bull market, and the path of least resistance is up,” said Maris Ogg of Tower Bridge Advisors. “You get some concerns like we did yesterday, and then people reconsider, and they come back and buy stocks again,” she said. “We’re in the second year of what will probably be at least a five-year expansion.” This week’s sharp pullback in yields had been seen as suggesting weakening confidence in the medium-term global growth outlook, but the yield on the 10-year bond climbed sharply on Friday. A note Friday from Oxfor...

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Avance Clinical Congratulates Client Tetherex Pharmaceuticals on Initiation of Dosing in a Phase 1 Clinical Study Using a Novel Single-Cycle Adenovirus Vaccine Strategy in Australia

ADELAIDE, AUS, Jul 9, 2021 - (ACN Newswire via SEAPRWire.com) - The largest Australian full-service CRO for international biotechs and Frost & Sullivan Asia-Pacific CRO Market Leadership Award winner Avance Clinical today congratulated client Tetherex Pharmaceuticals on first patient dosing for its Phase 1 vaccine clinical trial.Tetherex Pharmaceuticals, Inc. is a privately held, clinical stage biopharmaceutical company focused on development of selectin inhibitor therapeutics for the treatment of a broad range of inflammatory diseases and single-cycle adenovirus vaccines for multiple infectious diseases and cancer indications.Avance Clinical Chief Scientific Officer Dr Gabriel Kremmidiotis said:"The exciting aspect of the Tetherex product is the potential to vaccinate using a nasal spray. Administering the vaccine via the same route that the virus uses to get into our bodies, may result in more effective protection compared to the first generation Covid-19 vaccine products currently being administered as injectables. Commencement of dosing with the Tetherex Covid-19 vaccine product constitutes a major achievement for the Avance Clinical team who played a key role in supporting...

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Renowned authors speak at HKTDC Hong Kong Book Fair

HONG KONG, Jul 9, 2021 - (ACN Newswire via SEAPRWire.com) - The long-awaited 31st HKTDC Hong Kong Book Fair takes place from 14 to 20 July at the Hong Kong Convention and Exhibition Centre (HKCEC). The theme of this year's Book Fair is "Inspirational and Motivational Reading" and one of the highlights will be the "Eight Seminar Series", offering inspiration and helping readers enjoy a trip around the literary world. The "Renowned Writers Seminar Series", co-organised with Mingpao and Yazhou Zhoukan, and the "English and International Reading Series" supported by Book Depository will invite renowned authors from around the globe to share their writing journeys with readers at a series of virtual and in-person seminars.The Renowned Writers Seminar Series will welcome Fan Jinshi, known as the "Daughter of Dunhuang", and Gu Chunfang, co-author of "Dunhuang is Where My Heart Belongs: Biology of Fan Jinshi", to share Ms Fan's conservation endeavours in the Dunhuang region of Mainland China over the past five decades. In addition, author Ping Lu will share with readers how her two battles with cancer have taken her into previously unexplored areas in the realm of her creative writing. Oth...