FILE PHOTO: A smoke rises over remains of a building destroyed by a military strike, as Russia’s attack on Ukraine continues, in Lysychansk, Luhansk region, Ukraine June 17, 2022. REUTERS/Oleksandr Ratushniak KYIV — Ukrainian President Volodymyr Zelensky on Monday urged Western leaders to supply anti-aircraft defense systems to his embattled nation as Russian forces assaulted Lysychansk, the last big city still held by Ukrainian troops in eastern Luhansk province. Addressing the Group of Seven summit in the Bavarian Alps via video link, Zelensky also asked for help to export grain from Ukraine and for more sanctions on Russia, a European official said. As the leaders met, Russian forces were bombarding Lysychansk, the Kremlin’s immediate battlefield target following the fall of neighboring Severodonetsk over the weekend. Luhansk governor Serhiy Gaidai said the city was suffering “catastrophic” damage from the shelling and he urged civilians to urgently evacuate. “The … [Read more...] about Ukraine pleads for air defense as Russia turns sights on Lysychansk
6th air mobility wing
Flood-hit Indian states brace for more monsoon rains, 532 killed
A flood-affected man carrying a luggage wades through a flooded road as he moves to a safer place after heavy rains in Nagaon district, Assam, India, June 21, 2022. - A + A (June 27): India’s flood-hit areas are forecast to receive heavy rains this week, with 532 people losing their lives so far across the nation during the monsoon season and hundreds of thousands staying in temporary relief camps. The northeastern state of Assam has been among the worst-hit regions, with rains affecting 2.5 million people, destroying homes and infrastructure, and delaying sowing of crops such as rice. Drowning and landslides have killed 121 people in the state alone since April 6, according to a home ministry bulletin. Monsoon rains cause the death of hundreds of people in India every year, but the rainy season has been particularly devastating for the hilly states of Assam and Himachal Pradesh this year. About 233,000 people are still in relief camps, with over two dozen teams … [Read more...] about Flood-hit Indian states brace for more monsoon rains, 532 killed
AME Development to launch RM1.5 bil industrial park by end-June
This article first appeared in City & Country, The Edge Malaysia Weekly, on June 20, 2022 - June 26, 2022. i-TechValley will be a modern, gated-and-guarded industrial park with properties that have contemporary façades and features (Photo by AME Development) - A + A AME Development Sdn Bhd is looking to launch i-TechValley, a RM1.5 billion, 170-acre industrial park at Southern Industrial and Logistics Clusters (SiLC) in Johor, by end-June. According to director of property development division Cheryl Lim, this will be the company’s third industrial project in SiLC. Lim says the previous industrial schemes there were smaller projects and not gated and guarded. In contrast, i-TechValley will be a modern, gated-and-guarded industrial park with properties that have contemporary façades and features. “i-TechValley is envisioned to set a new benchmark for the industrial sector. Being in SiLC, we are surrounded by mature townships. The industrial park will … [Read more...] about AME Development to launch RM1.5 bil industrial park by end-June
HONOURING MALAYSIA’S BEST PERFORMERS IN ESG EXCELLENCE: The Edge to roll out Malaysia’s first ESG awards
This article first appeared in The Edge Malaysia Weekly, on June 20, 2022 - June 26, 2022. - A + A THE momentum to adopt environmental, social and governance (ESG) criteria and sustainability practices in the capital market has picked up significantly in the past few years. By the third quarter of 2021, assets in global sustainable funds hit a record high, according to investment research firm Morningstar. At the same time, more than 70 countries — including the biggest polluters — have set a net-zero target and over 1,200 companies have put in place science-based targets to reach net-zero emissions, according to the United Nations. In Malaysia, at least 44 out of the 54 Sustainable and Responsible Investment (SRI) funds approved by Securities Commission Malaysia were launched in the last two years. As at December 2021, 94% of the top 50 listed companies in Malaysia had ESG strategies and 68% had emissions reduction policies, according to PwC’s research. … [Read more...] about HONOURING MALAYSIA’S BEST PERFORMERS IN ESG EXCELLENCE: The Edge to roll out Malaysia’s first ESG awards
Food export bans, from India to Argentina, risk fueling inflation
- A + A MUMBAI/BUENOS AIRES/LONDON (June 27): It only took 24 hours last month for Prime Minister Narendra Modi's government in India — the world's second-largest producer of wheat — to shelve its plans to "feed the world". In April, Modi had said publicly that the world's most populous democracy was ready to fill part of the gap left by Ukraine in global grains markets by increasing its wheat exports, following five consecutive record harvests. India traditionally exports only a modest amount of wheat, retaining most of its crop for domestic consumption. On May 12, India's Ministry of Commerce & Industry said it was preparing to send delegations to nine countries to export a record 10 million tonnes of wheat this fiscal year — sharply up the previous season. But a barrage of alarming data changed all that. First came a downward revision to India's wheat crop in early May as a sudden heatwave hammered yields. Then data on May 12 showed inflation in the nation … [Read more...] about Food export bans, from India to Argentina, risk fueling inflation
Finalists Of The 2014 Innovation By Design Awards: Products
That’s proven by the finalists from our 2014 Innovation by Design competition, chosen from 1,587 boundary-pushing entries. All are listed here , and category winners will be announced at our conference in New York on October 15. Learn more at fastcodesign.com/ibd . advertisement advertisement Aros Smart Window Air Conditioner By Quirky and GE Read story >> August Smart Lock By Fuseproject advertisement Read story >> Kano Computer Kit By Kano and MAP Read story >> advertisement littleBits Space Kit By littleBits and NASA littleBits Space Kit is a themed set of circuitry for building miniature space-exploration tools. WINNER Nike Magista Football Boots By Nike Nike’s Magista boots feature Flyknit technology–precisely engineered yarns and fabric variations–and are designed to echo the network of ligaments that connect the lower leg to the foot, allowing … [Read more...] about Finalists Of The 2014 Innovation By Design Awards: Products
3 suspected Abu Sayyaf killed in clash with gov’t troops in Basilan
ZAMBOANGA CITY, Zamboanga del Sur — Three suspected members of the Abu Sayyaf Group were killed while nine others, including three soldiers, were wounded in an encounter at Sitio Bato Maputi, Barangay Baguindan in the Basilan town of Tipo-tipo over the weekend. Brigadier General Domingo Gobway, commander of the Joint Task Force Basilan, said soldiers were tracking down Abu Sayyaf subleader Pasil Basali, one of the remnants of the group led by Basilan based Abu Sayyaf chief Furuji Indama, when the encounter happened on Saturday, June 25. Basali’s group was suspected to be behind the May 30 twin bombings in Isabela City and the June 20 bombing of Lamitan City Hall. Gobway confirmed that when firefight was going on, the military provided close air support to the troops on the ground. Killed were alleged Abu Sayyaf members Halid Pimping, Amil Palluh and Arman Haddaman while the six wounded were identified only as a certain Hattab, Rohit, Saddam, Ommok, Abaas and Mar-e Rumong. The … [Read more...] about 3 suspected Abu Sayyaf killed in clash with gov’t troops in Basilan
BTS member V visits Paris after K-pop boyband suspends group activities
K-pop stars V of BTS, Lisa of BLACKPINK and Park Bo-gum attend a fashion show in Paris on Sunday. Image: Associated Press via The Korea Herald BTS member V has visited Paris in an apparent move to start his individual activities after the K-pop boyband announced a plan to take a collective break. According to industry sources Monday, V, also known as Kim Tae-hyung, is on a trip to France for a fashion show on the invitation of designer Hedi Slimane for Celine. V attended the fashion show at the Palais de Tokyo, together with Korean actor Park Bo-gum and Lisa of K-pop girl group BLACKPINK. He shared photos of his activities in Paris on social media. It is V’s first individual public appearance since BTS decided to put group activities on hold and focus on solo projects two weeks ago. BTS’ dancer Jungkook rolled out a collaborative single with United States singer-songwriter Charlie Puth last week, while rapper J-Hope will make his solo debut next month. (Yonhap)/JB … [Read more...] about BTS member V visits Paris after K-pop boyband suspends group activities
Payments council urges RBI to treat full KYC prepaid instruments like bank accounts
Representative Image The Payments Council of India (PCI), the apex body of payments and settlement players in the country, has written to the Reserve Bank of India (RBI) requesting the regulator to treat Prepaid Payment Instruments (PPIs) with full Know Your Customer (KYC) done as equal to bank accounts. Moneycontrol could gain access to the representation which was sent to the RBI. The second ask in the letter was to allow non-revolving credit lines in full-KYC PPIs like wallets and prepaid cards. Non-revolving credit line means that the credit line is non-replenishable unless the customer is underwritten again for a new loan. "This will allow that a loan (given by a regulated lender) can be disbursed by the lender into a Full KYC PPI account," PCI noted in the letter. Plus, no minimum due should be associated with repayment and the customer should have a clear repayment schedule. Close The letter also argued that there are multiple use cases today where … [Read more...] about Payments council urges RBI to treat full KYC prepaid instruments like bank accounts
India leading the way of innovation, one unicorn coming up every 10 days: PM Modi in Germany
PM Modi addressing the Indian diaspora in Munich, Germany, on June 26 (Image: Twitter/@DDNews) India is leading the "way of innovation", with one unicorn emerging in the country at every 10 days, Prime Minister Narendra Modi said on June 26 in Germany's Munich, where he addressed members of the Indian community. "There was a time when India was nowhere in the race of startups. Today, we are the third-largest startup ecosystem. Similarly, we used to import even the simplest phones, today, we are the second-largest mobile phone manufacturer in the world," he said. "Not only this, in India, on an average, we have a ‘unicorn’ every 10 days," Modi added. The spirit of innovation is evident in all parts of the country, Modi claimed, noting that an average of 5,000 patents are filed every month in India. Also Read: Modi at G7 in Germany | Expectations from and support for India will rise rather than fall Close The country is also matching the pace of … [Read more...] about India leading the way of innovation, one unicorn coming up every 10 days: PM Modi in Germany