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e-placement system for MOH officers to open in mid-September, says Khairy

August 17, 2022 by www.theedgemarkets.com

Health Minister Khairy Jamaluddin (The Edge filepix by Suhaimi Yusuf) - A + A PUTRAJAYA (Aug 17): The Ministry of Health (MOH) will open its e-placement systems, namely the e-Housemen, e-Dentist and e-Pharmacist from mid-September this year, to enable officers to make an online selection of placement upon receiving the offer of permanent appointment. Health Minister Khairy Jamaluddin said the officers would be notified about the opening of the e-placement systems, one week in advance via email. “The date for the officers to report for duty is set on Oct 17,” he said in a statement here on Wednesday (Aug 17). Khairy said 4,053 medical, dental and pharmacy officers who were offered a permanent appointment can download the offer letter from the Public Service Commission's (SPA) Appointment Offer System (MySTP) portal from Aug 29. He said the appointments of the officers, comprising 3,215 medical officers, 438 dental officers and 400 pharmacy officers, were the … [Read more...] about e-placement system for MOH officers to open in mid-September, says Khairy

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Londoners are better off returning to the office as bills soar

August 17, 2022 by www.theedgemarkets.com

- A + A LONDON (Aug 17): City of London workers looking to save money may want to embrace the office over winter, as the cost of working from home soars alongside energy bills. Those prepared to go into the office every day could save about £50 (US$60) per week in January 2023 if they can walk, run or cycle into their workplace. That’s thanks to the money they’ve saved by not heating a home for the whole day, according to estimates by price comparison site Uswitch. Those working from home in January could expect to pay around £175 a week in energy costs and other incidentals included in Bloomberg ’s calculations such as buying in your own coffee, a freebie in many offices. The combined cost of energy bills — factoring in the lower consumption expected — and five return trips on the Tube from London’s Zone 4 would be about £160 a week in January 2023, a £15 saving. For those taking the bus, the total cost is about £140, a £35 weekly saving. In both cases, any rise … [Read more...] about Londoners are better off returning to the office as bills soar

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NTC asks Court of Appeals to reconsider decision on Newsnet franchise

August 17, 2022 by newsinfo.inquirer.net

National Telecommunications Commission (NTC) MANILA, Philippines —The National Telecommunications Commission (NTC) has urged the Court of Appeals to reconsider its decision to comply with the Anti-Red Tape Authority’s (ARTA) ruling on Newsnet’s application to operate interactive pay television and multimedia services in the country. In a motion for reconsideration made public Wednesday, the NTC, through the Office of the Solicitor General (OSG), said ARTA’s order is already moot and academic since it reversed itself in an order dated June 17, 2022. The June 17 order states that “following the directives laid down in Secretary of Justice Resolution in OSJ Case No. 01-2020 dated July 9, 2021, which has become final and executory,” the declaration of completeness and order of automatic approval dated Feb. 12, 2020, for Newsnet are “hereby set aside.” ARTA’s reversal was based on a resolution by the Department of Justice (DOJ) which stated that ARTA does not have the authority to … [Read more...] about NTC asks Court of Appeals to reconsider decision on Newsnet franchise

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Inflation Still High And Biden’s Policies Are Not Helping

August 10, 2022 by www.forbes.com

Share to Twitter Share to Linkedin Inflation is up 8.5% since this time last year according to this morning’s CPI report . Economists expected the CPI to increase by 8.7% . Continued high inflation is lowering real earnings and undermining consumer confidence . The Federal Reserve has the biggest role to play in combatting high inflation, but better economic policies from President Biden and Congress would help. Inflation is fundamentally a problem of too much money chasing too few goods. The Federal Reserve controls the money supply, so it is ultimately responsible for the long-term path of inflation. Right now the economy is sending the Fed mixed signals: The latest jobs report shows the economy created 528,000 new jobs in July, but real GDP declined the last two quarters, which typically signals a recession. Labor productivity also fell each of the past two quarters, which is another sign of slower economic growth. The declines in real GDP … [Read more...] about Inflation Still High And Biden’s Policies Are Not Helping

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Thai neitzens angry at SUV driver using a siren just to use toilet

August 17, 2022 by thethaiger.com

Thai netizens made it known there were outraged by the owner of a black SUV car that traveled at high speed and used a siren – just to use a toilet. Dashcam footage of the SUV was posted on the Facebook page Let Me Know If You Want to Be Famous Return Part 3. The video was posted on August 14 with a caption that said… “This car turned on its siren and lights to pass other cars on the road. The car did this from Pathum Thani to Nakhon Nayok province. There was no emergency or road accident on August 14 at 2pm. It’s the road near the Nakhon Nayok Provincial Land Transport Office. ” According to the location given in the post, the incident was on Rangsit-Pathum Thani Road in the central province of Nakhon Nayok. The video revealed the SUV driving at a high speed, overtaking every car on the road with red lights flashing at the back, and the siren turned on and off along the way. The driver recording the video followed the SUV until it parked outside a petrol station toilet. … [Read more...] about Thai neitzens angry at SUV driver using a siren just to use toilet

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Monkeypox vaccine maker no longer certain it can meet demand

August 17, 2022 by www.theedgemarkets.com

- A + A COPENHAGEN (Aug 17): Bavarian Nordic A/S, the only company with an approved vaccine for monkeypox, has said it is no longer certain it can meet demand as cases continue to rise across the world. The Danish company is now exploring the possibility of outsourcing some of the production, including technology transfer to a US contract manufacturer, to meet accelerating demand. "It's a very dynamic market situation," Rolf Sass Sorensen, a vice president at the firm, said by phone on Wednesday. "Demand keeps rising and it's no longer certain that we can continue to meet the demand we're facing even with the upgrade of our existing manufacturing site in Denmark." A move to outsourcing production would mark a shift for Bavarian which until now has said it could deliver on all orders from its Danish facility. It also previously said a technology transfer to a third-party producer — which would allow bulk production of the vaccine rather than just "fill-finish" where … [Read more...] about Monkeypox vaccine maker no longer certain it can meet demand

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London rents spike the most since 2017 after supply shortage

August 17, 2022 by www.theedgemarkets.com

- A + A (Aug 17): London rents rose the most in about five years as demand for rentals continued to exceed the supply of properties, exacerbating cost-of-living pressures on tenants in one of the world’s priciest capitals. Private rental prices in London grew 2.1% in the year to July. While that’s the lowest in England, the capital is quickly catching up with an acceleration in rents charged since the start of the year, according to the Office for National Statistics. The figures add to the gloomy outlook for London and British households more broadly, which are are bracing for a surge in energy bills in October. Inflation across the UK reached 10.1% last month, the strongest in 40 years, and real wages are falling at the sharpest pace on record. The London rent price rally is fuelled by a lack of new properties coming to the market. Foxtons said letting agents are seeing 40% fewer new listings compared with this time last year The picture for newcomers or … [Read more...] about London rents spike the most since 2017 after supply shortage

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Agmo to set up Singapore teams within 18 months of listing

August 17, 2022 by www.theedgemarkets.com

- A + A KUALA LUMPUR (Aug 17): Homegrown digital solutions and application development specialist Agmo Holdings Bhd (Agmo) has plans to expand in Singapore, targetting to set-up teams within 18 months of its listing on Bursa Malaysia’s ACE Market on Thursday (Aug 18). Agmo aims to raise RM22.10 million from its initial public offering (IPO). Its chief executive officer Tan Aik Keong said with a dedicated team in the city state, Agmo will be able to focus on growing the business and enhancing its customer relationships there. “We will expand our regional footprint by venturing into Singapore, where the mobile and web application development and digital solutions industries are expected to continue on a strong growth trajectory. “The establishment of our business presence there is expected to increase the group’s profile in the region,” he told Bernama . He said Singapore is a key global financial centre and also a regional base for many technology-related … [Read more...] about Agmo to set up Singapore teams within 18 months of listing

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US SPAC king goes silent with his empire shrivelling

August 17, 2022 by www.theedgemarkets.com

Chamath Palihapitiya - A + A NEW YORK (Aug 17): The news came with little fanfare. It was late on a sleepy summer afternoon last week, and few on Wall Street even seemed to notice the pair of filings when they hit the Securities and Exchange Commission's (SEC) website. In terse, boilerplate language, the documents stated that two special-purpose acquisition companies (SPACs) launched by Chamath Palihapitiya needed to push back the deadlines they had set to make acquisitions. Palihapitiya was in no mood to trumpet the news. There were no tweets, no interviews, none of the braggadocio that came with so many of his big SPAC deals, back when the market was the hot new thing in finance, a sure-fire, money-minting machine, and Palihapitiya was its undisputed king. But if those euphoric moments two years ago represented the peak of SPAC frenzy — a phenomenon created out of the same ingredients (unprecedented monetary and fiscal stimulus) that gave us meme stocks and … [Read more...] about US SPAC king goes silent with his empire shrivelling

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Sime Darby expects ‘tough’ FY23 amid rising inflation, supply chain issues

August 17, 2022 by www.theedgemarkets.com

- A + A "The Covid-19 lockdown in China is still impacting our business. It may be quite a difficult year [for FY23], and it’s quite hard to achieve the results we want.” Sime Darby Bhd group chief executive officer Datuk Jeffri Salim Davidson (Photo credit: Sime Darby Bhd) KUALA LUMPUR (Aug 17): Sime Darby Bhd expects financial year ending June 30, 2023 (FY23) to be tough in the face of continuing headwinds from the Covid-19 pandemic, rising inflation and supply chain issues, said group chief executive officer Datuk Jeffri Salim Davidson. "I see more headwinds than in the past because inflation is 'rearing its head', interest rates are rising and borrowing costs are also rising, which may dampen consumer sentiment," he said at Sime Darby's financial results briefing for the fourth quarter ended June 30, 2022 (4QFY22) held virtually on Wednesday (Aug 17). In addition, Jeffri said, supply chain issues have not yet been fully resolved, which could affect the … [Read more...] about Sime Darby expects ‘tough’ FY23 amid rising inflation, supply chain issues

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