sector

About a Media Report Concerning Showa Denko

ruth 8 7 月

2 minutes

TOKYO, Jul 8, 2021 - (JCN Newswire via SEAPRWire.com) - With regard to the media coverage made by Nihon Keizai Shimbun (NIKKEI: The Japan Economic Journal) published on July 8, 2021 reporting that Showa Denko (SDK; TSE:4004) will sell off the lead-acid battery business operated by Showa Denko Materials Co., Ltd., which is a member company of the Showa Denko Group, SDK has never released such news, and the coverage is not based on information disclosed by SDK.SDK has been investigating various measures to increase its corporate value, including review of the Showa Denko Group's business portfolio. Regarding this issue, SDK will suggest a draft resolution to the meeting of the Board of Directors which is to be convened today, and will disclose results of the meeting without delay if any decision regarding this issue is made officially.About Showa Denko K.K.Showa Denko K.K. (SDK; TSE:4004, ADR:SHWDY) is a major manufacturer of chemical products serving from heavy industry to computers and electronics. The Petrochemicals Sector provides cracker products such as ethylene and propylene, the Chemicals Sector provides industrial, high-performance and high-purity gases and chemicals for sem...

Rise in workplace injuries from slips, trips and falls a concern and needs to be addressed: Zaqy Mohamad

aseanpr 17 6 月

4 minutes

SINGAPORE - Workplace injuries caused by slips, trips and falls in the food and beverage (F&B) industry have risen by an average of 12 per cent a year in the four years before the pandemic, and have been the main driver of injuries in the sector, said Senior Minister of State for Manpower Zaqy Mohamad on Thursday (June 17). Overall, work injuries in the sector have also been rising at an average rate of 9 per cent a year from 2016 to 2019, tapering down slightly last year, as many workplaces were forced to shut due to Covid-19. Last year, there were 985 work injuries in the F&B sector. In 2019, there were 1,167 injuries in the sector, and 932 in 2018. These trends are becoming a concern and need to be addressed, Mr Zaqy said at a virtual forum for the F&B sector organised by the Workplace Safety and Health (WSH) Council. He said: "Good workplace safety and health makes good business sense... No one wants to work in an accident-prone industry... "For owners, a safe workplace and a healthy workforce means higher productivity, less time lost due to sick leave, better staff retention, and even lower costs from avoiding work injury insurance premium hikes due to injury claims. "For empl...

S&P 500 dips as healthcare weighs; Dow ends higher

elean 2 6 月

3 minutes

NEW YORK (REUTERS) - The S&P 500 dipped on Tuesday (June 1), with declines in healthcare and tech shares countered by energy and financial gains, as investors weighed the latest US economic data for signs of a rebound and rising inflation. The S&P 500 financial sector hit a record high, while expected growth in fuel demand boosted oil prices and helped lift the energy sector 3.9%, its biggest one-day gain in nearly four months. The heavyweight tech sector fell while the healthcare sector was dragged down by a weak profit forecast from Abbott Laboratories. Data showed US manufacturing activity picked up in May as pent-up demand in a reopening economy boosted orders. But unfinished work piled up because of shortages of raw materials and labour. "People came back from a holiday weekend convinced that the economy is recovering nicely and that any inflation that we might be seeing in labour and other costs is temporary," Peter Tuz, president of Chase Investment Counsel in Charlottesville, Virginia. The Dow Jones Industrial Average rose 45.86 points, or 0.13%, to 34,575.31; the S&P 500 lost 2.07 points, or 0.05%, at 4,202.04; and the Nasdaq Composite dropped 12.26 points, or 0.09%, to 13...

Pivoted nightlife establishments face stricter measures after SMM breaches

aseanpr 14 5 月

3 minutes

SINGAPORE - Former nightlife operators can now lose their food licences if they commit serious breaches of safe management measures (SMM) under new regulations announced on Friday morning (May 14). Those whose licences have been revoked will need to cease operations immediately until the nightlife sector is allowed to reopen in the future or until their re-application for a a new food licence is approved, said a statement by the Ministry of Sustainability and the Environment (MSE). This comes after 10 food & beverage (F&B) premises, including six former nightlife operators, had been ordered to close. The breaches include failing to prevent large groups of patrons from intermingling; employing hostesses; and allowing live entertainment such as the playing of musical instruments and games like dice and billiards. As a result, nightlife operators who intend to convert their establishment to a F&B outlet in future must file a Change of Use application with the Urban Redevelopment Authority (URA) to obtain planning permission. This includes submitting a proposed business concept, layout plan and removal of any bar-related signage. The Singapore Food Agency will process the licence appli...

Showa Denko Announces 2021 First Quarter Financial Results

ruth 13 5 月

1 minute

TOKYO, May 13, 2021 - (JCN Newswire via SEAPRWire.com) - Showa Denko K.K. (SDK; TSE:4004) today announced its 2021 first quarter financial results.- 2021 First Quarter Consolidated Financial Statements and Summaryhttps://www.sdk.co.jp/assets/files/english/ir/library/fss2021-1q.pdfAbout Showa Denko K.K.Showa Denko K.K. (SDK; TSE:4004, ADR:SHWDY) is a major manufacturer of chemical products serving from heavy industry to computers and electronics. The Petrochemicals Sector provides cracker products such as ethylene and propylene, the Chemicals Sector provides industrial, high-performance and high-purity gases and chemicals for semicon and other industries, the Inorganics Sector provides ceramic products, such as alumina, abrasives, refractory/graphite electrodes and fine carbon products. The Aluminum Sector provides aluminum materials and high-value-added fabricated aluminum, the Electronics Sector provides HD media, compound semiconductors such as ultra high bright LEDs, and rare earth magnetic alloys, and the Advanced Battery Materials Department (ABM) provides lithium-ion battery components. For more information, please visit www.sdk.co.jp/english/.Media contact:Showa Denko K.K., ...

New standards for Mice sector launched as S’pore prepares to hold larger events, welcome visitors

aseanpr 7 4 月

3 minutes

SINGAPORE - Singapore has launched a new certification programme for the meetings, incentives, conventions and exhibitions (Mice) sector for large-scale events to be conducted in a safe manner. Event organisers, venue owners and suppliers who meet strict benchmarks and uphold best practices in areas such as hygiene and sanitisation, safe distancing and emergency management will be able to display a mark of assurance that they meet Singapore government standards, which can serve to assure global participants, such as conference attendees. The SG SafeEvents Certification, billed as a first-of-its-kind programme, was launched on Wednesday (April 7) by the the Singapore Association of Convention and Exhibition Organisers and Suppliers (Saceos). The certification is aimed at giving Mice players here a competitive edge as they recalibrate their business operations for a Covid-19-safe marketplace, said Saceos president Aloysius Arlando. Adherence to the national standards provides a mark of assurance to the industry and the global community that events organised by certified organisers and suppliers, and held at certified venues, are "recognised under the programme to be safe, and the hea...

SABIC sees Asia-Pacific as key in driving recovery, underpinning a greater emphasis on sustainability

elean 2 4 月

6 minutes

The COVID-19 pandemic has had an unprecedented impact on many businesses, including the petrochemicals industry, which was already facing cyclical challenges such as overcapacity, pricing pressures, and trade uncertainty, said a recent Deloitte report. Despite the economic headwinds, the petrochemicals industry has continued to raise its game to meet rapidly-changing customer needs. As we move into the second quarter of 2021, the transformed economic, social and environmental landscape will play an even greater role in shaping our collective future. For global petrochemicals company SABIC, lowering its carbon footprint and working towards a circular economy has consistently been at the forefront of its business strategy, even as challenges resulting from the pandemic continue to evolve. For global petrochemicals company SABIC, lowering its carbon footprint and working towards a circular economy has consistently been at the forefront of its business strategy. PHOTO: GETTY IMAGES Asia, an engine for future growth While the pandemic is anticipated to continue to impact consumers and influence the global petrochemicals marketplace in the short- to medium term, SABIC is optimistic that ...

Misconception that job seekers need specialised skills to join sustainability sector: Experts

aseanpr 27 3 月

1 minute

SINGAPORE - From public affairs to market analysis to research work, jobs in the sustainability sector are wide-ranging and may not require specialised skill sets, say human resource experts. "There is a general misconception that you need to be highly skilled in technical roles to participate in the green economy," says Ms Jaya Dass, managing director for Malaysia and Singapore at recruitment firm Randstad Singapore. 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.

Educational institutes have role in boosting talent pipeline for manufacturing sector

elean 20 3 月

1 minute

SINGAPORE - There is a dearth of local talent in the manufacturing sector and higher learning institutes must play their part in helping the Republic achieve its goal to grow the sector 50 per cent by 2030, say experts and observers. The 10-year plan was announced in January by Trade and Industry Minister Chan Chun Sing, who identified the manufacturing industry as a key driver of economic growth for Singapore. 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.

Britain unveils shake-up of scandal-hit accounting sector

elean 18 3 月

3 minutes

LONDON (AFP) - Britain unveiled on Thursday (March 18) a drastic overhaul of its troubled accounting sector, with plans to break the dominance of the so-called Big Four accountancy giants. The long-awaited shake-up comes amid mounting outcry over the Big Four - comprising Deloitte, EY, KPMG and PwC - following a series of scandals in recent years. "Major new reforms to the UK's audit regime will aim to safeguard British jobs, avoid company failures and reinforce the UK's reputation as a world-leading destination for investment," the Department for Business, Energy and Industrial Strategy (BEIS) said as it launched an industry-wide consultation on its proposals. The government wants to replace accounting regulator the Financial Reporting Council with a tough new body that has legal powers to raise quality and standards at both listed and large unlisted companies. The Audit, Reporting and Governance Authority (ARGA) watchdog will also have the power to split the audit and non-audit functions of accountancy firms, in order to avoid conflicts of interest. Large companies would be required to use a smaller "challenger" accountancy firm to conduct a "meaningful portion" of their annual a...

Maritime sector to receive $20 billion in investments by 2024, new jobs to be created

aseanpr 5 3 月

5 minutes

SINGAPORE - Singapore's maritime sector can expect $20 billion in investments from industry players by 2024. This will create more jobs here, said Senior Minister of State for Transport Chee Hong Tat on Friday (March 5). The number of maritime tech start-ups will also more than triple from 30 to 100 by 2025, while a new programme will be launched to develop leaders with knowledge of key maritime issues and strong business networks. Speaking in Parliament during the debate on the budget of the Ministry of Transport, Mr Chee said: "We aim to bring in $20 billion in total business spending commitments from maritime companies from 2020 to 2024, and create more jobs and opportunities for our people." These will be in areas including maritime law and arbitration, ship management and marine insurance. He outlined three targets for the local maritime ecosystem to strive towards - to be integrated, innovative and inclusive. The maritime sector here did well last year, handling 36.9 million twenty-foot equivalent units (TEUs), and growing in scale and diversity, said Mr Chee. "We attracted 11 new shipping groups to Singapore, and worked with eight maritime companies to expand their operation...

Manufacturing, finance and infocomm industries bright spots in Singapore economy in 2020

elean 16 2 月

3 minutes

SINGAPORE - The manufacturing, finance and insurance, and information and communications industries were the few bright spots in Singapore's economy in 2020, posting rare growth while most sectors declined amid the coronavirus pandemic. The same industries are expected to continue seeing steady growth this year, while the economic outlook remains uneven across industries, the Ministry of Trade and Industry (MTI) noted in its economic survey released on Monday (Feb 15). On the other hand, tourism- and aviation-related sectors are likely to see a weaker recovery than previously expected, while other industries such as construction and marine and offshore engineering are likely to recover from the low base recorded last year. Singapore's economy contracted 5.4 per cent in 2020 - its worst full-year recession since independence. The manufacturing sector saw 7.3 per cent growth year on year for the whole of 2020, reversing the 1.5 per cent decline seen the previous year, because of output growth in the electronics, biomedical manufacturing and precision engineering clusters. Manufacturing accounts for more than 20 per cent of Singapore's gross domestic product, and is likely to expand a...

Building bridges for job seekers to cross over into tech

elean 14 2 月

1 minute

Even though the infocomm technology sector is in need of deep tech expertise, Mr Yeo Zhihan believes it offers opportunities for people with different skill sets too. And he wants to help them seize these opportunities. His role as assistant director for capability and capacity development at trade association SGTech allows him to build bridges between job seekers and employers, and also liaise between the tech sector and the Government. 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.

Food service sector picks up with more than 9,200 job openings

aseanpr 24 1 月

3 minutes

The food service sector is continuing to pick up speed with its hiring, with over 9,200 job openings posted as at end-December on the MyCareersFuture portal, said the Ministry of Manpower (MOM). Around 37 per cent of these jobs are for professionals, managers, executives and technicians (PMETs) and include roles such as food and beverage managers and sales, marketing and business development managers. Roles for non-PMETs include cooks, waiters, bartenders and baristas. "Non-PMET food service roles have low barriers to entry and companies are able to provide flexible working hours," said the MOM on Friday. "The sector is open to hiring workers of different profiles, including older workers, students looking for part-time jobs and even caregivers who are looking for flexible work arrangements." Salaries can range from $1,600 to $2,000 for waiters and go up to $6,500 for sales, marketing and business development managers. But the sector can also become more attractive to locals, as companies transform operations through digitalisation and create enhanced job roles, Manpower Minister Josephine Teo told a briefing on the sidelines of a visit to food services firm Select Group on Friday....

More than 9,200 job openings in food services sector as of end-December

aseanpr 23 1 月

1 minute

SINGAPORE - The food services sector is continuing to pick up speed with its hiring, with over 9,200 job openings posted as at Dec 31 on the MyCareersFuture portal, said the Ministry of Manpower (MOM) on Friday (Jan 22). Around 37 per cent of these jobs are for professionals, managers, executives and technicians (PMETs) and include roles such as food and beverages services managers and sales, marketing and business development managers. 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 construction demand for 2021 expected to rise up to $28b

aseanpr 18 1 月

4 minutes

SINGAPORE - Construction contracts for the built environment sector are expected to grow to between $23 billion and $28 billion this year, as the sector recovers from the impact of the Covid-19 pandemic, National Development Minister Desmond Lee said on Monday (Jan 18). This is up from the $21.3 billion worth of projects estimated to have been awarded last year - a figure that was revised downward by $10 billion in September after demand took a hit owing to the pandemic, with projects postponed in light of market uncertainties and disruption. The growth is expected to continue over the next five years to between $25 billion and $32 billion, Mr Lee said at a seminar organised by the Building and Construction Authority (BCA) and the Real Estate Developers' Association of Singapore. The public sector will contribute about 65 per cent of the overall construction demand for 2021, he added. This figure - which ranges from $15 billion to $18 billion - is higher than the $13.2 billion worth of public sector projects in 2020. Upcoming public sector projects include the Jurong Region Line, the Cross Island Line and Phase 2 of the Deep Tunnel Sewerage System, which will convey used water from...

Showa Denko Revises Dividend Payment Forecast

ruth 25 12 月

2 minutes

TOKYO, Dec 25, 2020 - (JCN Newswire) - Showa Denko (SDK; TSE:4004) announces that it revises its forecast of year-end dividend payment as in below, taking the latest trend in its business performance into consideration.1. Reasons for the revision of dividend payment forecastBased on its comprehensive consideration to the importance of the maintenance of shareholder return, including stable payment of dividend, and its latest forecast of the performance for 2020, SDK revises its forecast of year-end dividend payment per share as in below.2. Revised forecast of dividend paymentDividend per share (Unit: yen) End of 2Q / Year end / TotalEarlier forecast (Announced on August 12, 2020) : - / Undecided / UndecidedRevised forecast (Announced on December 25, 2020) : - / 65.00 / 65.00Actual dividends for 2020 : 0.00 / - / -Actual dividends for 2019 : 50.00 / 80.00 / 130.00About Showa Denko K.K.Showa Denko K.K. (SDK; TSE:4004, ADR:SHWDY) is a major manufacturer of chemical products serving from heavy industry to computers and electronics. The Petrochemicals Sector provides cracker products such as ethylene and propylene, the Chemicals Sector provides industrial, high-performance and high-puri...

Lifelong learning enables retiree to try a different sector

elean 13 12 月

1 minute

Clients occasionally fire highly technical questions at regional sales manager Lawrence Low that can leave him stumped, which is no great surprise given he joined the precision tooling sector only a couple of years ago. Mr Low certainly jumped into the deep end, having come out of retirement and with no engineering background. 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.

DENSO Adopts SDK SiC Epi-wafers for Next-Generation Booster Power Modules for FCEVs

ruth 10 12 月

3 minutes

TOKYO, Dec 10, 2020 - (JCN Newswire) - Silicon carbide epitaxial wafers (SiC epi-wafers), the main material for power semiconductors, with a diameter of six inches (150mm) and manufactured by Showa Denko K.K. (SDK; TSE:4004), have been adopted by DENSO Corporation for their latest booster power modules for fuel cell electric vehicles (FCEVs).SDK's SiC epi-wafers, launched in 2009, have been adopted by electronic device manufacturers for various devices including power supply for servers of cloud computing systems, quick charging stands for EVs, and railcars. DENSO adopted SDK's SiC epi-wafers for its next-generation power modules recognizing the track record of adoption by device manufacturers, highest-grade epi specifications, low density surface defects, and low frequency of basal plane dislocation.When compared with current mainstream silicon-based semiconductors, SiC-based power semiconductors can operate under high-temperature, high-voltage, and high-current conditions, while substantially reducing energy loss. These features enable device manufacturers to produce smaller, lighter, more energy-efficient power control modules. SiC power semiconductors are already used in on-boa...

Close to 5,500 jobs available in S’pore’s healthcare sector; 3 in 4 are long-term positions

aseanpr 10 12 月

6 minutes

SINGAPORE - Nearly 5,500 job openings are on offer in the healthcare sector, with three in four of them being long-term positions. Close to 40 per cent - or 1,530 - of the 4,080 long-term jobs available are in professional and executive roles, such as nurses, allied health professionals, and finance and human resources executives. The other 2,550 long-term job openings are support roles such as healthcare assistants, therapy assistants and patient service associates. Meanwhile, support and administrative support roles also make up 95 per cent - or 1,330 - of the 1,390 short-term jobs on offer. Close to 5 per cent - around 60 - of short-term jobs are for professionals and executives. These 5,500 long- and short-term jobs are part of the 6,700 job, traineeship and training openings in the sector as at the end of last month, said the Ministry of Manpower (MOM) in its weekly jobs situation report on Thursday (Dec 10). Apart from jobs, there are also about 470 company-hosted traineeships and attachments, as well as 760 training opportunities. The long-term professional and executive roles include enrolled and registered nurses, with monthly salaries of between $3,300 and $5,200 within t...

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