BEIJING (The Straits Times/Asia News Network): At the Aerospace Centre Hospital in Beijing's Haidian district on Monday morning (Jan 24), a long queue with nearly 300 people had formed, snaking its way around the building, across a carpark towards a shipping container that has been converted into a mobile Covid-19 testing centre. Wrapped in heavy down jackets because of the January chill, most of those in line were complying with an order to get tested for Covid-19 after records showed that they had bought cold medication or cough mixture in the past 14 days. With just over a week to go before the start of the Winter Olympics and the world's attention on Beijing, the Chinese capital is now grappling with a Covid-19 flare-up. City officials are walking on a tightrope - having to contend with putting a lid on the growing outbreak without resorting to the usual playbook of harsher measures, including a full lockdown. During a press briefing on Monday, Beijing health authorities … [Read more...] about Beijing grapples with Covid-19 flare-up with just over a week to Winter Olympics
Centre for epidemic response innovation
HANOI, Jan 24 (Vietnam News/ANN): Vietnam is a rising star of South-East Asia startup scene and will become the third-largest ecosystem in the region in 2022, according to venture fund Nextrans Vietnam. A report by Nextrans said that there were about 3,800 startups in Vietnam, of which four were unicorns and 11 were valued at over US$100 million. In 2021, investment poured into Vietnamese startups reached more than US$1.3 billion. Fintech was the leading sector in terms of total deal value, with two deals worth over US$100 million. Notably, VNLife successfully raised more than US$250 million in a Series B funding round in July. In December, Momo followed suit with an investment of $200 million. After Fintech, e-commerce is the second most attractive sector to investors. Tiki made the largest contribution with a Series E funding round of $258 million led by AIA. Undoubtedly, Vietnam has emerged as a startup hub that is catching up with countries like Indonesia and Singapore, … [Read more...] about Vietnam a rising star in South-East Asia’s startup scene
Share to Twitter Share to Linkedin Will Morris, former chair of the tax committee at Business at OECD, reflects on his nearly decadelong tenure and experiences leading the business community through OECD global corporate tax reform projects. This transcript has been edited for length and clarity. David D. Stewart: Welcome to the podcast. I'm David Stewart, editor in chief of Tax Notes Today International . This week: changing voice. For nearly a decade, Will Morris has been a leading advocate for the business community on tax matters at the OECD. As chair of the tax committee for Business at OECD (BIAC), he has participated in what might have been the most active period of work on international tax in history. He recently stepped down from that role and spoke with Tax Notes chief correspondent Stephanie Soong Johnston about his experience. Stephanie, welcome back to the podcast. Stephanie Soong Johnston: Thanks. Great to be here as always. … [Read more...] about The Tax Diplomat: Reflections From Former BIAC Tax Chair
Berkshire Hathaway CEO Warren Buffett is one of the most successful value investors of all time. By picking stocks that trade at steep discounts relative to their intrinsic value, Berkshire Hathaway consistently beat the broader market during his lengthy tenure as the company's primary stock picker. Although classic value stocks fell out of favor during the nearly decade-long bull market over the course of 2010 to 2020, and Berkshire's stock underperformed some major U.S. stock indexes as a result, these tried and true investing vehicles are making a furious comeback during this current bear market. The long and short of it is that the increasing likelihood of rising interest rates and stubbornly high levels of inflation ought to favor Buffett's value-oriented approach to investing over narrative-driven growth stocks in 2022. Which Berkshire Hathaway -- or Warren Buffett stocks -- are the best value plays right now? Bank of America ( NYSE:BAC ) and Teva Pharmaceutical … [Read more...] about 2 Best Warren Buffett Value Stocks to Buy Right Now
Share to Twitter Share to Linkedin I don’t typically suffer from depression. But, recently my whole life got turned upside down and all of the roles that I fully stepped into (like being a wife, an entrepreneur, a dog mom, just to name a few) that I thought defined me in totality came crumbling down. What I was left with was my self. And honestly, I got a little out of touch with what that meant. Somehow I got swept up by the glittery labels and unwittingly neglected who I was as an individual. Furthermore, all of the fissures in my life that I had powered through up until now became glaringly evident. Some may call it a mid-life crisis. But, the name doesn’t really matter. All I know is that who and what I thought I was, no longer exists. While I certainly have a solid base, it was obvious to me that it was finally time to ‘choose me’ wholeheartedly and stop hoping or expecting someone or something to come along and do the work for me. I now know that type of … [Read more...] about I Tried At-Home Ketamine For Depression And Anxiety With Mindbloom. Here’s My Experience.
Image source: The Motley Fool. Amarin ( NASDAQ:AMRN ) Nov 03, 2021 , 7:30 a.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Welcome to Amarin Corporation's conference call to discuss its third quarter and nine months 2021 financial results and operational updates. This conference call is being recorded today, November 3, 2021. I would like to turn the conference call over to Michael Kalb, chief financial officer at Amarin. Mike Kalb -- Chief Financial Officer Good morning, everyone, and thank you for joining us. Please be aware that this conference call will contain forward-looking statements that are intended to be covered under the safe harbor provided by the Private Securities Litigation Reform Act. Examples of such statements include but are not limited to -- these statements are based on information available to us today, November 3, 2021. We may not actually achieve our goals, carry out … [Read more...] about Amarin (AMRN) Q3 2021 Earnings Call Transcript
The first Nojima flagship store has opened its doors in Kuala Lumpur’s new business district centre in Bukit Bintang, marking its foray into the Malaysian market. Spanning 26,461sqft on the third floor of the latest shopping destination Mitsui Shopping Park LaLaport KL, the Nojima store features a comprehensive range of top quality brands in electrical appliances, IT gadgets, furniture and bedding products. In celebration of the flagship store opening, from now till Feb 2 customers will be spoilt for choice with a wide range of irresistible bargains including items priced as low as RM8 and discount up to 90%. They also stand a chance to win a ticket for two to Japan. Country chief executive officer of Malaysia Harry Higashiura said the store – by Nojima Corporation, one of the leading retailers in Japan and Asia – would provide innovative retail and experiential offerings focusing on unique customer experiences. Customers at Nojima store can expect to walk into a spacious … [Read more...] about Nojima sets foot in Malaysia
Share to Twitter Share to Linkedin Tesla’s (TSLA) market cap surpassed the trillion-dollar mark, driven by a post-earnings rally that got a boost from the announcement of a 100,000-vehicle order from Hertz (HTZ), which might not even happen. Even if it does come to pass, the Hertz order is a drop in the bucket of growth expectations baked into Tesla’s valuation. Tesla needs 155 Hertz-sized orders to justify the revenue expectations in its stock price. Put another way, the $1.2 trillion valuation implies Tesla owns 60%+ of the entire global passenger EV market and becomes more profitable than Apple (AAPL) by 2030. This report provides objective perspective on how outrageously high the valuation of Tesla stock is and the clear impracticality of the company meeting the expectations baked into its valuation. Tesla’s Valuation vs. Competitors Makes No Sense Tesla’s market cap is now greater than the next 10 largest (ranked by market cap) auto manufacturers … [Read more...] about Tesla: $1 Trillion Of Speculation
A woman buys food at Trok Mor Market near the Ratchaborpit Pattana community in Bangkok. Many people are stocking up on food as they prepare for Chinese New Year despite the rising cost of food such as pork and eggs. apichart Jinakul The outbreak of African swine fever (ASF) has put a strain not just on the meat industry, but also consumers, who have had to spend more money to buy pork products, whose prices have soared to record highs. Authorities have resorted to culling pigs in an effort to stem the spread of the disease, which has caused the population of breeding pigs to decline. However, a shortage of breeding pairs will undoubtedly lead to more supply-related problems. The Bangkok Post spoke with a number of experts to get to the bottom of the matter. How long will it take the government to rein in the soaring pork price? According to the director-general of the Department of Livestock Development, Sorravis Thaneto, it will take between 8-12 months to bring the … [Read more...] about How high will the cost of pork soar?
Gavet, photographed on the Bolshoy Kamenny Bridge, in Moscow, is that rare outsider who has thrived in Russia’s insular business community. | Photo by Yuri Kozyrev “We will have dinner,” Maelle Gavet says. “And you will see the girls.” advertisement advertisement “The girls?” I ask. “I told you I’d show you the nightlife of Moscow” is Gavet’s riddle of a reply. “I will show you the nightlife of Moscow.” Gavet–CEO of Russia’s largest e-commerce company, Ozon Holdings , and the closest thing this country has to a Jeff Bezos–is taking me to Soho Rooms, one of the city’s hottest nightclubs, and then we’ll be off to a few more clubs. If we’re still upright by 8 a.m., we plan to check out a pretty cool after-hours spot she knows about. “Or you can go home if you get too tired,” she adds. advertisement advertisement It’s 10 p.m. in Moscow on a sticky May night. The sun is just going down. And as Gavet’s driver–a … [Read more...] about Is This The Jeff Bezos Of Russia?