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Hua and Sinopharm Announced Supply Chain Strategic Cooperation

indie
6 minutes

SHANGHAI, CHINA, Sep 15, 2021 - (ACN Newswire via SEAPRWire.com) - On September 13, 2021, Hua Medicine (Shanghai) Ltd. (the "Hua Medicine", Stock Code: 2552.HK) has signed a supply chain strategic cooperation agreement with Sinopharm Group Co., Ltd. (the "Sinopharm", Stock Code: 1099). Under the agreement both companies will cooperate more closely in logistics warehousing, supply chain management and channel data analysis, and will jointly promote the commercialization of Hua Medicine's global first-in-class glucokinase activator (GKA), dorzagliatin, for its market launch in China. Dr. Li Chen, Founder and CEO of Hua Medicine, Ms. Wenjie Xu, Vice President of Commercial Strategy and Marketing, Mr. Yong Liu, President of Sinopharm, and Mr. Xudong Zhou, Vice President of Sinopharm attended the signing ceremony.The strategic cooperation with Sinopharm is an important step for Hua Medicine to accelerate the deployment of commercialization and the launch of dorzagliatin in the market. Benefiting from the advantages of both Hua Medicine's pharmaceutical innovation capability and Sinopharm's channel network, supply chain system and logistics resources, the cooperation will further enhance...

SeaPRwire
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Charging PMD battery suspected to be origin of fire at Sengkang flat

aseanpr
2 minutes

SINGAPORE - A fire broke out at Block 185C Rivervale Crescent in Sengkang on Tuesday night (Sept 14). The Singapore Civil Defence Force (SCDF) said on Facebook that it was alerted to the fire at about 9pm. SCDF firefighters arrived as the fire was raging in a unit on the third storey. They were equipped with breathing apparatus sets when they entered the smoke-filled unit. The fire involved the contents of a bedroom and was extinguished by SCDF with one water jet. The rest of the unit suffered heat and soot damage. Photos in SCDF's post show a bed with what appears to be the burnt remains of a personal mobility device (PMD) and a charred living room. Three occupants had left the affected unit before SCDF arrived. Two of them were taken to Singapore General Hospital, and one to KK Women's and Children's Hospital, to be checked for smoke inhalation and/or burn injuries, SCDF said. The police evacuated 10 residents from neighbouring units as a precautionary measure. No other injuries were reported. SCDF's preliminary investigation into the cause of the fire indicated that it was of electrical origin from a PMD battery that was being charged in the bedroom. PMD-related fires went down ...

SeaPRwire

South Korea’s unemployment drops to record low as job seekers stay home

elean
2 minutes

SEOUL (BLOOMBERG) - South Korean unemployment unexpectedly dropped to a record low last month as restrictions to combat the nation's worst Covid-19 outbreak prevented job seekers from searching for work. The jobless rate tumbled to 2.8 per cent from 3.3 per cent in July as the economic participation rate declined, the statistics office said on Wednesday (Sept 15). Economists had expected an increase to 3.5 per cent. Still, the economy added 518,000 positions from a year earlier, a sixth straight month of gains. Government officials had expected the labour market to deteriorate last month, reflecting a virus wave that put Seoul under a semi-lockdown in mid-July. With the jobless rate coming in below market consensus for a second month, the reasons behind the low readings will be scrutinised by the Bank of Korea (BOK) as it mulls the timing of a second interest-rate hike. Of key interest in today's data was the economic participation rate, which declined to 62.8 per cent, the lowest since March. The report also showed retail and wholesale industries took a beating, shedding 113,000 roles. Manufacturing lost 76,000 jobs. Employment increased by 243,000 in healthcare and social welfare...

ACN Newswire
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Esports Publisher GGRecon & SCCG Management Announce Partnership

indie
4 minutes

LAS VEGAS, NV, Sep 14, 2021 - (ACN Newswire via SEAPRWire.com) - GGRecon, an esports and gaming publisher, has announced that they are expanding partnerships into the US with help from SCCG Management. The media company is planning on focusing on US partnerships and commercial opportunities, which SCCG specialises in. SCCG management will be assisting by managing GGRecon's partnership operations, finding new and exciting clients, and assisting with commercial strategy.GGRecon was founded in December 2019, and since its inception has had a heavy focus on esports. They cover titles such as VALORANT, CS:GO, Call of Duty, Overwatch, and many others.As we continue to grow, serving our customers with the content that they clearly love, we felt now was a good time to expand more of our offering into the US," says Chris Young, Managing Director at GGRecon.As a result of ensuring they have high-quality content and a solid editorial strategy, GGRecon has seen their Page Views increase from 47k a month from when they started, to over 2.5 million a month in August 2021. In the last month alone, GGRecon's Facebook Page has achieved nearly 251,000 reactions on their content, which is more than e...

JCN Newswire
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Telefonica and NEC to Build Open RAN Live Pilots in 4 Global Markets as a Key Milestone Toward Mass Deployment

ruth
4 minutes

Madrid and Tokyo, Sep 14, 2021 - (JCN Newswire via SEAPRWire.com) - Telefonica and NEC Corporation (NEC; TSE: 6701) announced today that they have entered an agreement to conduct Open Radio Access Network (Open RAN) pre-commercial trials in Telefonica's four core global markets: Spain, Germany, the UK and Brazil.Comments from Enrique Blanco, Chief Technology & Information Officer (CTIO) at Telefónica and Shigeru Okuya, Senior Vice President at NEC CorporationTelefonica is an early adopter of open networks and one of the major European operators that signed the Open RAN MoU in January this year, committing to the implementation and deployment of Open RAN solutions aimed at building more flexible, efficient and secure mobile networks in the 5G era. The company has a target of reaching 50% radio network growth based on Open RAN by 2025.Following the successful milestones achieved through the trials in Telefonica Germany and the UK, under this agreement, NEC will serve as the prime system integrator to implement and conduct trials of multi-vendor-based Open RAN solutions with the Telefonica group's operating companies in four global markets, planned to scale to a total of at least ...

JCN Newswire
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Eisai to Present Abstracts on Oncology Products and Pipeline at ESMO Virtual Congress 2021

ruth
3 minutes

TOKYO, Sep 14, 2021 - (JCN Newswire via SEAPRWire.com) - Eisai Co., Ltd. (Headquarters: Tokyo, CEO: Haruo Naito, "Eisai") announced today that presentations on a series of abstracts highlighting updates on its oncology products and pipeline will be given at the European Society for Medical Oncology (ESMO) Virtual Congress 2021, from September 16 to 21, 2021, including its in-house discovered lenvatinib mesylate (product name: LENVIMA, an orally available multi-kinase inhibitor, "lenvatinib") and eribulin mesylate (product name: HALAVEN, a halichondrin class microtubule dynamics inhibitor, "eribulin").At this congress, differences in outcomes by histology and prior therapy in the pivotal Phase 3 Study 309/KEYNOTE-775 trial, which compared the combination therapy of lenvatinib plus pembrolizumab (product name: KEYTRUDA), the anti-PD-1 therapy from Merck & Co., Inc., Kenilworth, N.J., U.S.A. (known as MSD outside the United States and Canada), with TPC (Treatment of Physician's Choice) in patients with advanced endometrial cancer, following at least one prior platinum-based regimen, will be presented as an oral presentation (Abstract No: 726MO). In addition, a subgroup analysis an...

ACN Newswire
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Legend Capital Led a New Round of Investment of Etana

indie
5 minutes

HONG KONG, Sep 14, 2021 - (ACN Newswire via SEAPRWire.com) - Legend Capital led a new round of investment of PT Etana Biotechnologies Indonesia (Etana), along with Innovent Biologics, Inc. (Innovent) (HKEX: 01801), and a consortium led by UOB Venture Management (UOBVM). This round of funds will be used to further strengthen the company's production, registration, clinical and commercialization capabilities, promote the company's extensive and in-depth cooperation with biopharmaceutical companies, and lead the development of the Indonesian biopharmaceutical industry.Nathan Tirtana, President Director of Etana stated "Etana, as an Indonesian biopharmaceutical start-up, always strive to provide high quality, affordable and innovative biopharmaceutical products to serve the patients in Indonesia and South-East Asian countries. We will use the support obtained from the investors to develop local biopharmaceutical production capabilities in line with the policies promoted by the Indonesian government. Etana aims to tackle challenges in oncology and other life-threatening diseases for the South-East Asian market. We believe these biological products can provide better treatment and greatl...

JCN Newswire
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Epic Triumph for Rovanpera and the Toyota Yaris WRC in Greece

ruth
2 minutes

TOKYO, Sep 13, 2021 - (JCN Newswire via SEAPRWire.com) - TOYOTA GAZOO Racing World Rally Team's Kalle Rovanpera has claimed a second outstanding FIA World Rally Championship victory in three events after conquering the legendary Acropolis Rally in Greece at his first attempt. Sebastien Ogier completed a double podium finish for the Toyota Yaris WRC, strengthening both his and the team's positions at the head of the championship standings.On the return of the WRC to Greece for the first time since 2013, Rovanpera and Ogier formed part of a top three covered by just 3.9 seconds at the end of Friday. A storming start from Rovanpera and his co-driver Jonne Halttunen, in which they won all four stages in the opening loop, allowed them to make a gap to their opposition, and they led by half a minute going into the final day.Rain brought challenging conditions for the final day, but Rovanpera produced an incredible stage win in the day's opening Tarzan test, completing it 14.1s faster than anybody else despite having a mixture of hard and soft tyres fitted to his car. Rovanpera then went on to seal the victory in style on the shorter second running of Tarzan with the fastest time in the P...

SeaPRwire

S’pore committed to constructive ties with new Malaysian government: Vivian Balakrishnan

aseanpr
3 minutes

SINGAPORE - Singapore is committed to maintaining a constructive relationship with the new Malaysian government and keeping up good relations, said Foreign Minister Vivian Balakrishnan. He told Parliament on Monday (Sept 13) that Singapore will continue to engage and cooperate with Malaysia's leaders to seek win-win outcomes for both countries in the long term. Dr Balakrishnan was responding to Mr Vikram Nair (Sembawang GRC) and Mr Henry Kwek (Kebun Baru) on the current political situation in Malaysia and the state of Singapore's bilateral partnerships with its neighbour. Malaysia's current Prime Minister Ismail Sabri Yaakob was sworn in on Aug 21, after Tan Sri Muhyiddin Yassin resigned following the loss of his parliamentary majority. Mr Ismail is the country's third premier in the past three years. Dr Balakrishnan told the House that Singapore's position is consistent - to work with the government of the day. "We have enjoyed good relations with successive Malaysian governments and leaders, and we have cooperated well with them across a very wide range of areas," he said. The minister noted that Prime Minister Lee Hsien Loong spoke with Mr Ismail the next morning after he was sw...

SeaPRwire

Singapore furnishing firms flourish in Africa

elean
1 minute

SINGAPORE - Firms that deal with furnishings and paints have reaped gains from forays into Africa. SMJ Furnishings, which started in Singapore in 1988, participated in a trade mission to Ghana and Cote d'lvoire in 2016 that generated opportunities. 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.

SeaPRwire

Challenging time for equity markets; all eyes on US, China economic data

elean
1 minute

SINGAPORE - Is the equity market headed towards a correction? This is the question investors may be pondering as Wall Street continued to struggle through turbulence with its three main indexes pulling back by an average of 2 per cent over the past week. The Dow Jones index ended Friday at 34,607.72, down 761.35 points for the week. The broader S&P 500 gave up 79.43 points to end at 4,458.58, while the tech-heavy Nasdaq surrendered 248.03 points for the week at 15,115.49. 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.

SeaPRwire

Fun with kids: Celebrate Mid-Autumn Festival, buy S’pore children’s books in mother tongue languages

aseanpr
1 minute

SINGAPORE - Make family time all the more special with these ideas and activities. Gardens by the Bay's annual Mid-Autumn Festival event returns on Wednesday (Sept 15) and runs till Oct 3. 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.

SeaPRwire

About 1,000 F&B, retail businesses open in S’pore each month despite pandemic

aseanpr
1 minute

SINGAPORE - Analogue is a two-week-old sustainability-focused cocktail bar at Chijmes. Despite the various lockdowns and construction delays brought about by Covid-19 restrictions, its founder, Mr Vijay Mudaliar, 32, went ahead with its opening. 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.

SeaPRwire
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Leon Fuat Berhad Posts 1,110% Jump in Net Profit

pandora
3 minutes

Group records RM32.12 million in PAT supported by strong gross profit margin growth SHAH ALAM, Malaysia, Sept 9, 2021 – (ACN Newswire) – LEON FUAT BERHAD (“Leon Fuat” or the “Group”), a manufacturer and trader of steel products, specialising in rolled long and flat products, today announced that the Group registered a 1,110.1% growth in profit after tax (“PAT”) to RM32.12 million for the quarter ended 30 June 2021 (“2Q 2021”) compared with the RM2.65 million recorded for the quarter ended 30 June 2020 (“2Q 2020”). Calvin Ooi Shang How, Executive Director of Leon Fuat The strong gain in PAT was due to the 322.5% increase in gross profit (“GP”) to RM53.46 million in 2Q 2021 boosted by higher overall gross profit margin of 17.0 percentage points compared with the RM12.65 million in GP recorded for 2Q 2020. The Group recorded 73.1% growth in revenue to RM184.78 million for the quarter under review compared with RM106.76 million recorded in 2Q 2020. On a segmental basis, revenue from trading of steel products increased 74.0% to RM73.88 million while revenue from processing of steel products increased by 72.7% to RM110.85 million. The share of revenue from the trading segment stood at ap...

SeaPRwire
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This tenacious entrepreneur surges ahead with budding business offshoots – despite pandemic challenges

elean
5 minutes

After 25 years in the hospitality industry, Mr Julian Serna has done it all – clocking experience at five-star hotels, casinos, pubs, exclusive cocktail bars and fine-dining restaurants around the world. His career first brought him to Singapore in 2008 as a freelance operational consultant for the Conrad Hotel and restaurants Brewerkz, Bedrock and Oriole. He left a year later to open his own restaurant in Sydney. Missing the nation state’s rich diversity and vibrant food and beverage (F&B) scene, he returned in 2014 as a group bar mentor for hospitality conglomerate The Lo and Behold Group, which owns popular establishments Tanjong Beach Club, Loof and OverEasy. But Mr Serna wanted a bigger challenge: starting a successful restaurant from scratch. In 2018, he opened Panamericana. Named after a highway that stretches over 14 countries and 15,000km across North, Central and South America, the restaurant is inspired by Mr Serna’s Colombian heritage. At Panamericana, diners get to savour breathtaking views while enjoying a diverse feast of flavours and cuisines. PHOTO: JULIAN SERNA Sitting on the pristinely manicured lawns of the Sentosa Golf Club, against the boundless view of the So...

SeaPRwire

Workplace discrimination and new racial harmony act among topics of interest for Malay community

aseanpr
3 minutes

SINGAPORE - There is great interest in how fair workplace guidelines will soon become law, as announced in Prime Minister Lee Hsien Loong's National Day Rally (NDR) speech on August 29. This is evident from the questions being asked about how seriously the Tripartite Alliance for Fair and Progressive Employment Practices (Tafep) will take complaints on discrimination at the workplace. The concerns were raised, among other issues, during a post-NDR dialogue session with grassroots volunteers and Malay-Muslim community leaders on Wednesday (Sept 08) night. About 200 participants attended the event organised by The People's Association Malay Activity Executive Committees Council. The panellists for the dialogue included Minister in the Prime Minister's Office Maliki Osman. Questions from the floor probed the panellists regarding discrimination in the workplace and how Tafep will address the issue. A participant who joined the dialogue through Zoom asked for clear guidelines to be put up regarding language requirements for job postings. Issues facing Singapore's ageing population were also brought up during the dialogue. Someone from the floor described his experience facing age-relate...

SeaPRwire

Shell weighs Covid-19 vaccine mandate, firing staff who resist: FT

elean
1 minute

BENGALURU (REUTERS) - Royal Dutch Shell is weighing whether to mandate Covid-19 vaccines for employees and firing those who refuse to comply, the Financial Times reported on Wednesday (Sept 8). The oil major outlined a case for "selective vaccine mandates" initially at offshore and other remote locations, where staff live and work, and where World Health Organization-approved vaccines were available, the Financial Times said, citing an internal memo sent to Shell's executive committee. The memo, dated Sept 1, also said employees in other parts of the business could be subjected to mandatory vaccination "over time", according to the newspaper. The document states that while "all reasonable efforts" would be made to avoid terminating employment of staff who refuse to comply with the vaccine mandate, the company "will be faced with no alternative but to do so", FT reported. Shell declined to comment on the report. Many companies have come out with mask mandates and changed their vaccination policies amid a resurgence in Covid-19 cases, spurred by the highly contagious Delta coronavirus variant. More on this topic Related Story Amazon faced with Covid-19 dilemma to mandate vaccinations...

JCN Newswire
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NEC Expands its Collaboration with AWS in Areas Including Global 5G and Digital Government

ruth
4 minutes

TOKYO, Sep 8, 2021 - (JCN Newswire via SEAPRWire.com) - NEC Corporation (NEC; 6701) has expanded its collaboration with Amazon Web Services, Inc. (AWS) in areas that include global 5G and the digital government in support of accelerating digital transformation for customers. Toshifumi Yoshizaki, Executive Vice President at NEC Corporation and Matt Garman, Senior Vice President at Amazon Web Services Inc.In November 2020, NEC and AWS concluded a corporate-level strategic collaboration agreement, and have been developing offerings and strengthening delivery capabilities since then. NEC will now expand this collaboration and strengthen efforts in the following areas:1. Global 5GNEC aims to develop an end-to-end 5G offering and to provide it globally by combining NEC's high-performance cloud-native open 5G mobile core, OSS/BSS solutions, local 5G use cases etc., and AWS cloud and edge solutions. NEC will accelerate telecom carriers' cloudification of network workloads and enhance digital transformation for enterprises by deploying 5G-based infrastructure and applications at the network edge. This combined solution stack will be supported by NEC's system integration services to enable c...

ACN Newswire
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Adlai Nortye Announces First Patient Dosed in Phase Ia Clinical Trial of AN2025 and AN0025 in Combination with atezolizumab for Advanced Solid Tumors

indie
6 minutes

NEW JERSEY, the U.S. and HANGZHOU, China, Sep 8, 2021 - (ACN Newswire via SEAPRWire.com) - Adlai Nortye, a global biopharmaceutical company focused on developing innovative oncology drugs, today announced that the first patient has been dosed in the Phase Ia clinical trial in the U.S. to evaluate the triple combination of AN2025 (buparlisib, oral pan-PI3K inhibitor), AN0025 (oral EP4 antagonist) and atezolizumab (PD-L1 inhibitor) in patients with locally advanced/metastatic tumors.This trial (AN2025S0101) is an open-label, multicenter, Phase Ia study to evaluate the safety, tolerability, pharmacokinetics ("PK") and preliminary efficacy of AN2025 and AN0025 in double or triple combination treatments with atezolizumab in patients with locally advanced/metastatic tumors. The study consists of three dose-limiting toxicity ("DLT") Observation Periods, Observation I, II and III. Observations I and II are double combination treatments, which will be conducted in parallel, whereas Observation III (the triple combination treatment) will be initiated only after a thorough review of the safety data from Observations I and II. Each Observation period will last 3 weeks. This study plans to recr...

JCN Newswire
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Mitsubishi Corporation Signs Japan’s First Long-term Corporate PPA for Online Retail Giant Amazon

ruth
2 minutes

TOKYO, Sep 8, 2021 - (JCN Newswire via SEAPRWire.com) - Mitsubishi Corporation (MC) is pleased to report that it has signed a long-term Corporate Power Purchase Agreement (Corporate PPA), through which it will supply electricity to data centers owned and operated by the Amazon subsidiary Amazon Web Services, Inc. (AWS). Facilitated by MC Retail Energy Co., Ltd., this Corporate PPA represents Amazon's first use of renewable energy in Japan. Under the agreement's terms, West Holdings Corporation will build and maintain roughly 450 solar power stations (with a total installed capacity of approximately 22 megawatts) for Amazon and supply the online retailer with wholesale electricity. MC subsidiaries Mitsubishi Corporation Energy Solutions Ltd. and ElectroRoute will also be involved. The former will manage construction of the solar power facilities and provide tech support, while the latter will forecast the facilities' outputs and hedge power generation imbalances*. The term of this Corporate PPA is approximately ten years, with commercial operations slated to commence in April 2023. MC is aiming to double its 2019 renewable energy output by 2030 and completely eliminate fossil fuels ...