Read More

DOCOMO and AGC Use Metasurface Lens to Enhance Radio Signal Reception Indoors

TOKYO, Jan 26, 2021 - (JCN Newswire) - NTT DOCOMO, INC. and AGC Inc. announced that they have developed a prototype technology that efficiently guides 28-GHz 5G radio signals received from outdoors to specific locations indoors using a film-like metasurface lens that attaches to window surfaces. DOCOMO and AGC also conducted what is believed to be world's first successful trial to direct 28-GHz signals passing through a window to specific locations indoors as well as raise the strength of the signals.Newly emerging 5G networks as well as 6G networks of the future are expected to use high-frequency radio waves, such as 28 GHz. Although high-frequency signals enable the realization of advanced communication standards, they are subject to high attenuation over long distances and their high directivity resulting in low diffraction (or weak bending around objects) generally limits their range to within the line of sight of the transmitting base station. Consequently, it is difficult for high-frequency radio waves to penetrate windows, and even if they do they are attenuated to the point of not being able to propagate sufficiently to establish wireless communication links indoors.The new...

Read More

Grab picks Morgan Stanley, JPMorgan for US IPO: Sources

HONG KONG (BLOOMBERG) - South-east Asian ride-hailing giant Grab Holdings has picked banks for a potential US initial public offering (IPO), that could raise at least US$2 billion (S$2.65 billion), according to people familiar with the matter. Morgan Stanley and JPMorgan Chase & Co have been selected to work on a listing that could happen as soon as the second half of this year, the people said. More banks could be added and details of the offering could change as deliberations continue, said the people, who asked not to be identified as the information is private. Grab's IPO considerations come after talks to combine with Indonesian rival Gojek stalled. The latter start-up is now in advanced discussions to merge with local e-commerce pioneer Tokopedia instead, creating a powerful regional player in online services that may then seek to go public, Bloomberg News reported this month. A Gojek-Tokopedia tie-up could create a South-east Asian powerhouse with a valuation of about US$18 billion and businesses encompassing ride-hailing and payments to online shopping and grocery delivery. That could threaten Grab's own effort to expand across the region, particularly in the largest market...

Read More

Materials coloured like a peacock

Tsukuba, Japan, Jan 26, 2021 - (ACN Newswire) - Melanin-like compounds can be precisely designed and arranged to colour materials using a mechanism similar to that found in a peacock's feathers. Chemist Michinari Kohri of Chiba University in Japan reviewed the latest research on these 'melanin-mimetic materials' and their potential applications for the journal Science and Technology of Advanced Materials.Scientists are developing materials inspired by the structural colours in a peacock's feathers. (Credit: Takashi Tsujino)Melanin and melanin-like compounds absorb some of the light that is scattered from the microstructures within materials. Scientists are finding ways to control this phenomenon to give a variety of iridescent and non-iridescent colours. (Credit: Michinari Kohri)Melanin is a dark pigment that gives hair and skin its colour. It is also essential for the bright colours we see in some organisms. When light interacts with the structures of feathers, wings and shells of many organisms, like peacocks, butterflies and jewel beetles, it is scattered, appearing white. But when melanin is interspersed within these structures, some of the scattered light is absorbed, producin...

Read More

Condolences pour in for mum killed in accident, including from PM Lee

SINGAPORE (THE NEW PAPER) - The family of a freelance balloon sculptor who died after being hit by a lorry near her home in Jurong two weeks ago received an outpouring of condolences after news of her tragic accident broke. Among those who paid tribute to 52-year-old Or Cheng Khim was Prime Minister Lee Hsien Loong. Ms Or's younger sister, Ms Samantha Or, 42, told The New Paper that their father was surprised when he opened the letter addressed to him last Tuesday (Jan 18). In the letter, PM Lee offered his condolences and recalled how he had met the late Ms Or twice when she had helped build balloon walls for private events in 2018 and 2019, the younger Ms Or said. PM Lee also acknowledged the family's decision to donate her organs. "My father felt happy that his daughter was recognised by the Prime Minister," the Singapore Armed Forces defence executive officer added. TNP reported last week that the late Ms Or, who was also a childcare teacher, had been on the way home to surprise her son with sushi when the accident happened. Her son Ng Song Ching, 17, said the family had agreed to donate his mother's organs because it was what she would have wanted. According to Chinese-languag...

Read More

China’s growing power scaring ordinary savers out of Hong Kong

HONG KONG (BLOOMBERG) - It was the freezing of bank accounts that changed Dan's mind. The Hongkonger, a finance worker in his early 50s, watched China tighten its grip on the city over the past few years with growing nervousness. Yet as a self-described apolitical person - he hadn't attended any of the protests that hit the city in 2019, for example - he wasn't really worried about being personally affected. Then last month, banks including British lender HSBC Holdings froze the account of former lawmaker Ted Hui after he went into exile in the UK with his family. A church that helped protesters also had its account suspended. "It's a game changer," Dan, who asked that only his first name be used because he is fearful of repercussions of speaking publicly, said. He's now in the process of moving about US$100,000 (S$132,800) - most of his savings - to an account in Canada, leaving only a small amount in Hong Kong to cover daily expenses. "Unusual in the breadth of potential offences" The Hong Kong police cited money laundering as the reason for requesting the accounts be frozen, putting into sharp focus just how vast the powers wielded by police could be in the wake of the sweeping ...

Read More

50,000 hired by 14,000 firms in Jobs Growth Incentive scheme

A billion-dollar scheme to help employees shift from businesses that were downsizing due to the pandemic, to sectors that are continuing to expand, has seen 50,000 local hires by 14,000 firms in its first month alone. Around half of the new hires were also aged 40 and over, with Manpower Minister Josephine Teo describing these preliminary figures as a good start for the Jobs Growth Incentive (JGI), which was launched in September. Top hiring sectors included food services, wholesale trade, professional services, construction and education. "We will continue to profile sectors that are hiring, and will start with food services, which saw a pickup in hiring activities as Singapore enters phase three of its reopening," said Mrs Teo, highlighting that there were over 9,200 openings in the sector available on government jobs portal MyCareersFuture.sg as at end-December. Slightly more than a third are PMET - professional, manager, executive and technician - roles with salaries of up to $6,500. The JGI scheme aims to spur firms to hire more locals, with $1 billion set aside for wage support. Firms that hire local workers from last September till the end of next month receive a subsidy of ...

Read More

Licence of pleasure craft suspended after people filmed partying near Lazarus Island on Boxing Day

SINGAPORE - A pleasure craft's licence has been suspended by the Maritime and Port Authority of Singapore (MPA) over an incident on Boxing Day last year that allegedly broke safe distancing rules. This included having more than five people in a group. In a statement on Saturday (Jan 23), MPA said the Advant's licence will be suspended for 30 days over the Dec 26 incident near Lazarus Island. MPA said preliminary investigations revealed the number of passengers on the craft was more than the maximum group size of five that was allowed at the time. Singapore entered its third phase of reopening on Dec 28, which allowed up to eight people for social gatherings. The craft had been chartered for a social gathering and there was co-mingling among the individuals on board, based on the investigations which is still ongoing. Photos and videos of the incident were posted on social media on Dec 26, showing at least 10 men and women dancing without masks. MPA added that further action may be taken against anyone found to have breached the law. "MPA reminds all pleasure craft owners and operators to adhere strictly to the safe management plan they have submitted for their business operations, ...

Read More

50,000 jobseekers hired by 14,000 firms in Singapore under Jobs Growth Incentive

SINGAPORE - Around 50,000 local jobseekers were hired by 14,000 or so companies in September under a scheme to encourage firms to boost their manpower plans, according to preliminary estimates out on Friday (Jan 22). About 50 per cent of the new hires were aged 40 and over. The scheme, known as the Jobs Growth Incentive, aims to spur firms to hire more locals, with $1 billion set aside to provide wage support for these workers. Firms that hire local workers from September last year to February this year will receive a subsidy of 25 per cent of the first $5,000 of their gross monthly salaries for one year. The co-payment goes up to 50 per cent for workers aged 40 and above. These figures are encouraging as a good start, said Manpower Minister Josephine Teo at a briefing on the sidelines of a visit to food services firm Select Group. "We also know that the recovery of companies from the impact of Covid-19 would be uneven," she noted. "Some businesses may struggle to pivot, while others may experience new spurts of growth and bring in more people." She added that the incentive is meant to help transfer people from sectors that might be downsizing to those that are continuing to expand...

Read More

Couple fined $7,000 for trespassing on state land next to Seletar house for nearly 15 years

SINGAPORE - For close to 15 years, an architect and his wife unlawfully occupied 144.2 sq m of state land next to their three-storey house in Jalan Tari Zapin in Seletar, which was built in 2005 but had been left vacant since. The main gate, entrance driveway, two boundary walls and a fence of the house effectively annexed the parcel of state land - which was larger than a five-room Housing Board flat - as part of the couple's property. Part of the swimming pool also jutted out onto the enclosed land. The encroachments were discovered in 2013 when national water agency PUB implemented a drainage improvement project to alleviate flooding in the area. Following numerous requests and demands by the authorities, the offending structures were finally removed in December 2019. Tan Teck Siong and his wife Cheah Mee Poh - the first people to be prosecuted for trespassing on state land under the State Lands Encroachments Act - have been respectively fined $4,000 and $3,000 for their offences. The offence carries a maximum fine of $5,000 or a jail term of up to six months, or both. Tan was fined another $5,000 under the Building Control Act for making false declarations in December 2005 that...

MOE, IMH say decisions on hormonal therapy for transgender people lie with clinicians and patients

SINGAPORE - The Ministry of Education (MOE) and Institute of Mental Health (IMH) have issued a joint statement on the case of an 18-year-old transgender student who claimed the ministry had intervened in her hormonal treatment. Decisions about final medical treatment involving the use of hormonal therapy rest with clinicians and their patients, the ministry and institute said on Thursday (Jan 21). "Such treatments also require the written consent from parents, where minors are concerned," they added. The agencies' response comes after the student, who is in the second year of pre-university education, said in a widely-shared Reddit post last week that the ministry had blocked her from receiving medical care. The student identified as a "male-to-female" transgender girl and had been diagnosed with gender dysphoria. Transgender individuals identify with a gender that does not match the sex they were assigned at birth. Gender dysphoria refers to the psychological distress that results from this mismatch between one's sense of self and body. The MOE had addressed the post in a Facebook post last Saturday (Jan 16), saying it was not true that it had interfered with the student's hormona...

Read More

Jack Ma’s brief video chat prompts $76.8 billion sigh of relief for Alibaba

HONG KONG (BLOOMBERG) - He appeared for less than a minute and said nothing about the Chinese government clampdown that had left his business empire in crisis. But for investors who'd been waiting months to catch a glimpse of Jack Ma, the entrepreneur's participation in a live-streamed video conference on Wednesday (Jan 20) was enough to trigger a US$58 billion (S$76.8 billion) sigh of relief. That's how much Alibaba Group Holding's market value soared after a clip of Mr Ma speaking to a group of teachers began circulating online - his first public comments since disappearing from view late last year. Much about the future of China's most famous businessman remains unclear. Yet analysts said Wednesday's video was a sign that worst-case scenarios - such as jail time for Mr Ma or a government takeover of his companies - are probably now off the table. It's unlikely Mr Ma would have participated in the event without at least tacit approval from Beijing; state-run media including the Global Times were among outlets that posted snippets of his talk or wrote stories about his appearance. "There's still a lot of uncertainty on regulators' next moves, but this does mean the status of Jack ...

Read More

The Executive Talk: PTT Global Chemical PCL (SET:PTTGC)

BANGKOK, Jan 20, 2021 - (ACN Newswire) - PTT Global Chemical PCL (SET:PTTGC) Chief Executive Officer, Dr. Kongkrapan Intarajang discusses the company's strategy and outlook in The Executive Talk (TET) by ShareInvestor.com.TET: What are GC's current business execution strategies? What is the rationale behind the expansion towards the downstream industry?GC's strategies are based on 3 major strategies. The first is "Step Change", emphasizing on strengthening our home base by gearing more towards the downstream businesses to enhance the competitiveness and flexibility, being able to capitalize on diverse feedstock, while at the same time ensuring that our costs are globally competitive, with the notion of horizontal and vertical integration applied to the business.The horizontal and vertical concepts involve our production lines from upstream all the way to downstream businesses, which can be further developed into different types of chemical products, and can serve as fundamental feedstock for various industries such as packaging, garments, communication and electronics devices, automotive, construction, engineering plastic, and agricultural equipment. This also serves to diversify b...

Read More

Messaging apps Regain Control and Privacy with PunkPanda

LONDON, Jan 20, 2021 - (ACN Newswire) - PunkPanda, a UK-based technology startup, has launched a series of products to help Internet users and businesses reduce the risks of digitizing by providing military-grade encryption and all-around security. PunkPanda co-founder Matthew Connelly is creating a platform where people can communicate securely without worrying about privacy or security breaches. The company's ultimate goal is PunkPanda Universe, a communication ecosystem of commonly used tools to meet the needs of both personal and business users.PunkPanda's ecosystem includes PandaChat, PandaPost and PandaMeet, with PandaVault coming soon.Offering military-grade encryption to protect usersFor most Internet users, online communication services have been an essential part of our lives since the invention of the Internet and instant messaging. Now, they have become even more important to us, especially in the wake of outbreaks where physical interaction is a high-risk move for everyone.But online communication can be extremely risky. With any luck, people's data could end up being mined by large companies. But if unlucky, hackers could lock a user's passwords, banking information a...

Read More

The Executive Talk: PTT Global Chemical PCL (SET:GC)

BANGKOK, Jan 20, 2021 - (ACN Newswire) - PTT Global Chemical PCL (SET:GC) Chief Executive Officer, Dr. Kongkrapan Intarajang discusses the company's strategy and outlook in The Executive Talk (TET) by ShareInvestor.com.TET: What are GC's current business execution strategies? What is the rationale behind the expansion towards the downstream industry?GC's strategies are based on 3 major strategies. The first is "Step Change", emphasizing on strengthening our home base by gearing more towards the downstream businesses to enhance the competitiveness and flexibility, being able to capitalize on diverse feedstock, while at the same time ensuring that our costs are globally competitive, with the notion of horizontal and vertical integration applied to the business.The horizontal and vertical concepts involve our production lines from upstream all the way to downstream businesses, which can be further developed into different types of chemical products, and can serve as fundamental feedstock for various industries such as packaging, garments, communication and electronics devices, automotive, construction, engineering plastic, and agricultural equipment. This also serves to diversify busi...

Read More

Greenbriar Is Providing Montalva Update

Coquitlam, British Columbia, Jan 18, 2021 - (ACN Newswire) - Greenbriar Capital Corp. (TSXV: GRB) (OTC Pink: GEBRF) ("Greenbriar") is pleased to announce that on January 20th, 2021, a new President will be sworn into office in the United States. The Company believes the new administration and the House and the Senate, which is majority controlled by the same political party of the new President, will strongly advocate for the FOMB (Federal Oversight and Management Board) to approve the previously approved 593MW of solar projects, including Montalva.Although the exact day is not known by Greenbriar, we do know that the US Congress is specifically aware of the significant financial savings and health benefits to the Puerto Rican ratepayer in having these approved contracts accepted by the FOMB.Puerto Ricans have had to suffer for decades with extremely high priced electrical generation that was also dirty, hazardous, inefficient and costly to human health and dependent on foreign oil sources. The technology was 60 years old and virtually no modern society in North America, except Hawaii and some Caribbean islands, burn dirty oil to produce electricity.All of the solar projects, inclu...

Read More

Wall Street’s top banks widen gulf with rivals amid pandemic

NEW YORK (BLOOMBERG) - Evidence is mounting that Wall Street's top investment banks spent the pandemic building up their leads. As the banner year for markets came to a close, JPMorgan Chase & Co posted record profit in the fourth quarter, helped by a 20 per cent increase in revenue from trading, a business where it already ranked No. 1 heading into the turmoil. At rival Goldman Sachs, second only to JPMorgan in dealmaking, a flurry of transactions helped send its quarterly profit soaring 135 per cent. The results - from JPMorgan on Friday (Jan 15) and Goldman on Tuesday - mirrored trends in many corners of industry and society during the shocks set off by Covid-19: The strong got stronger. The latest snapshots from Wall Street are emerging on the eve of Joe Biden's inauguration as US president and amid the ascent of Democrats in the Senate and atop regulators, where critics may more closely scrutinize how companies succeeding in such bleak times use their profits. "What you're seeing is some institutions like JPMorgan and Goldman Sachs were well-positioned for what's going on," said Mark Doctoroff, global co-head of financial institution coverage at Mitsubishi UFJ Financial Group....

Read More

S’pore has role in fostering global cooperation amid challenges to multilateralism: Experts

SINGAPORE - Multilateralism is far from perfect, but in a world where challenges such as Covid-19 are increasingly global and transborder in nature, Singapore has a role to play in helping the world build back stronger and stem the fraying of global cooperation. This was the conclusion drawn by a group of panellists on the third day of a four-day Singapore Perspectives conference organised by the Institute of Policy Studies. Speaking on the topic "Multilateralism and Global Cooperation" on Tuesday (Jan 19), Professor Joseph Liow, Tan Kah Kee chair in comparative and international politics at the S. Rajaratnam School of International Studies, said multilateralism has been important to Singapore's foreign policy and even its very existence. "Though international law and international organisations are not perfect instruments, they remain important as levellers especially for small states (such as Singapore)." He said that despite the pushback against multilateralism and global cooperation, Singapore must continue to stress the importance of an open economy and trading system. "We must continue to plug into these global networks in order to allow our companies and small and medium-siz...

Read More

Greenbriar Provides Montalva Update

Coquitlam, British Columbia, Jan 18, 2021 - (ACN Newswire) - Greenbriar Capital Corp. (TSXV: GRB) (OTC Pink: GEBRF) ("Greenbriar") is pleased to announce that on January 20th, 2021, a new President will be sworn into office in the United States. The Company believes the new administration and the House and the Senate, which is majority controlled by the same political party of the new President, will strongly advocate for the FOMB (Federal Oversight and Management Board) to approve the previously approved 593MW of solar projects, including Montalva.Although the exact day is not known by Greenbriar, we do know that the US Congress is specifically aware of the significant financial savings and health benefits to the Puerto Rican ratepayer in having these approved contracts accepted by the FOMB.Puerto Ricans have had to suffer for decades with extremely high priced electrical generation that was also dirty, hazardous, inefficient and costly to human health and dependent on foreign oil sources. The technology was 60 years old and virtually no modern society in North America, except Hawaii and some Caribbean islands, burn dirty oil to produce electricity.All of the solar projects, inclu...

Read More

Rich in US minting money in pandemic like never before

NEW YORK (BLOOMBERG) - Americans have become, by some measures, richer during the pandemic than ever before. It's a difficult thing to fathom, what with the economic collapse and the surge in the ranks of the jobless, the homeless and the hungry. But there's a whole class of people - at least the top 20 per cent or so of earners - who've had to worry little about such matters. For them, not only has it been relatively easy to carry out their white-collar jobs from home. But the Federal Reserve's unprecedented emergency measures -- including slashing benchmark rates to zero - have padded their wallets too. They've refinanced their mortgages at record low rates, purchased second homes to get away from cities and watched the value of the stocks and bonds in their investment accounts surge. Their massive wealth accumulation is, in large part, obscuring the toll felt by all those who don't enjoy the same easy access to credit or financial markets. As household net worth surged to a fresh record, hundreds of thousands of businesses are estimated to have permanently shut, over 10 million Americans remain jobless, and nearly three times as many are going hungry at night. Even as a new Demo...

Read More

Redesigning education to empower next generation of Singaporeans for a post-pandemic world

When Ms Kim Saxe, director of Innovation Labs at The Nueva School in California, set up a pilot programme called Introduction to Enterpreneurship for her students, she was stunned at the response she received. “We actually had to turn away students,” she recalls. “Clearly, we had hit a chord with today's youth.” As part of the course, students have to identify needs, create solutions, collaborate, write a business plan, build a business model, create financials and pitch their venture. The results have included soccer shoes that simulate barefoot running and anti-procrastination homework solutions for students, just to name a few. “We thought we would prepare the students for their futures as knowledge workers,” says Ms Saxe, who is also a keynote speaker at this year’s summit. “Students are supported as they wade into the real world, but not given the answers. In the end, they learn that they have the tools to deal with uncertainty and to translate ideas into real outcomes.” Indeed, as we emerge from a year of unprecedented changes into an increasingly complex and uncertain world, it is becoming clear that this approach might just be the best way to equip our youth to deal with th...