DPM Heng, CE John Lee reaffirm ‘good momentum’ of longstanding partnership between Singapore and Hong Kong
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
Former Marks & Spencer supervisor jailed for using customers’ credit cards to order meals
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
Fujifilm chasing Samsung, WuXi with big biopharma plans
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.
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Pakistan floods: Hundreds of people rescued in airlifts
People are being rescued because of the devastating floods across the country.Continue Reading
US-China audit agreement not yet a done deal
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 […]
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Barcelona’s Pierre-Emerick Aubameyang robbed in home, according to officials
FC Barcelona striker Pierre-Emerick Aubameyang was robbed in his home near Barcelona early Monday, the Catalan government Interior Department press office told CNN.Continue Reading
China prosecutes 28 suspects for restaurant attack on women
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
Rory McIlroy condemns LIV Golf for ‘ripping the game apart’ after extraordinary Tour Championship victory
In the months since the establishment of the controversial Saudi-backed LIV Golf Invitational Series, men’s golf has divided itself into two rival camps — those who form a part of LIV Golf and those still party to the PGA Tour.Continue Reading
Damrongsak will be next police chief
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
In pictures: Extreme weather in Pakistan, South Korea and China highlight impact of climate change
SEVERE WEATHER IS “THE NEW NORMAL” “These person events fit the pattern of improving extreme events because of climate change, inch said Professor Matthias Roth from the Section of Geography at the National University of Singapore (NUS). “Such severe weather will likely become the new normal in a warmingContinue Reading