NEW DELHI: Floods in Pakistan have killed more than 1,000 people after what its climate change minister called a record unbroken cycle of monsoon rains with “eight weeks of non-stop torrents”. AFP explains what the monsoon is, why it is so important and yet so dangerous, and how climate changeContinue Reading
SINGAPORE: The Singapore Food Agency (SFA) has ordered the recall of My Mum’s Cookies Premium Mao Shan Wang Snowskin Mooncakes due to the presence of E coli in the product. In a media release on Monday (Aug 29), SFA said it detected E coli in the product at levels “exceeding theContinue Reading
Let’s get you up to speed with the day’s stories. A work pass is being introduced that will allow high-earners and high-achievers to live in Singapore without having to secure a job here first. The Overseas Networks & Expertise Pass is meant for talent from any sector who earns aContinue Reading
SINGAPORE: Deputy Prime Minister Heng Swee Keat and Chief Executive John Lee reaffirmed the longstanding partnership between Singapore and Hong Kong during their meeting on Monday (Aug 29). In a Facebook post after their meeting, Mr Heng wrote: “As cities with international outlooks, Hong Kong and Singapore have very muchContinue Reading
SINGAPORE: For more than a year, a supervisor at Marks & Spencer noted down customers’ credit card details, which he used to buy almost S$9,000 worth of meals. Teo Kai Seng, 29, was on Monday (Aug 29) jailed for three months after pleading guilty to three charges under the ComputerContinue Reading
TOKYO – Japan’s Fujifilm has announced plans to invest approximately 200 billion yen (US$1.45 billion) to expand its biopharmaceutical production capacity by 3.7 times over the next five years.
Management expects this to support a 3.3 times increase in annual Bio-CDMO revenue to 500 billion yen ($3.7 billion) by the end of the decade. Bio-CDMO is short for Biologics Contract Development and Manufacturing Organization – an organization that serves pharmaceutical companies that cannot afford to or prefer not to invest in their own production facilities.
Fujifilm is the third East Asian CDMO to announce a major expansion plan, the others being China’s WuXi Biologics and South Korea’s Samsung Biologics. By the end of the decade, these and other East Asian companies are likely to have a defining presence in the industry.
The 200 billion yen will be spent on a new building, bioreactors, purification facilities and other equipment at the company’s manufacturing complex in Denmark, making it the largest end-to-end CDMO facility in Europe.
The post Fujifilm chasing Samsung, WuXi with big biopharma plans appeared first on Asia Times.
People are being rescued because of the devastating floods across the country.Continue Reading
China and the United States have signed an agreement to solve the accounting disputes of US-listed Chinese firms but both sides have different understandings of the approach of cooperation. The United States’ Public Company Accounting Oversight Board (PCAOB), the China Securities Regulatory Commission (CSRC) and China’s Ministry of Finance last Friday signed a statement of […]
The post US-China audit agreement not yet a done deal appeared first on Asia Times.
Police identified the prime suspect in the attack as “Chen”, saying he or she “recklessly used violence to commit evil”, according to state broadcaster CCTV. Following the attack Tangshan authorities sacked the city’s deputy police chief and 5 other police officers, and also launched a crackdown against organised crime. DiscussionContinue Reading
The particular National Police Policy Commission (NPPC) upon Monday approved the nomination of Pol Gen Damrongsak Kittiprapas, a deputy police chief, as the new national police key, succeeding Pol Style Suwat Jangyodsuk who else retires at the end of Sept, a police supply said.Continue Reading