Business Archives - Page 39 of 39

China coronavirus cases may have been four times official figure, says study

8May

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China coronavirus cases may have been four times official figure, says study

China coronavirus cases may have been four times official figure, says studyNew estimates from Hong Kong come amid call for inquiry into outbreak’s origins More than 232,000 people may have been infected in the first wave of Covid-19 in mainland China, four times the official figures, according to a study by Hong Kong researchers. China reported more than 55,000 cases as of 20 February but, according to research by academics at Hong Kong University’s school of public health, published in the Lancet, the true number would have been far greater if the definition of a Covid-19 case that was later used had been applied from the outset. China has now reported more than 83,000 cases. Globally, the death toll from the coronavirus has exceeded 184,000, with the number of cases worldwide

Amid Pandemic, UK-Vietnam Cooperation Continues to Deepen

2May

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Amid Pandemic, UK-Vietnam Cooperation Continues to Deepen

A closer look at recent developments between the two countries, both before and during the coronavirus pandemic. Last week, two Vietnamese children donated 20,000 facemasks to help the United Kingdom fight the coronavirus pandemic. The British Embassy staff in Hanoi sent the masks, along with 100 stranded British nationals, on a commercial flight back to the UK. With the growing number of deaths in the UK and shortage of personal protective equipment (PPE) for health workers, these gifts are valuable; they further underscore strengthened relations between the UK and Vietnam. As covered at The Diplomat previously, since 2010 the relationship between Vietnam and the United Kingdom has been elevated to a strategic partnership. Tran Ngoc An, Vietnam’s Ambassador to the UK, has strongly

WHO convenes meeting of vaccine manufacturers

2May

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WHO convenes meeting of vaccine manufacturers

Gearing up for the much needed Covid-19 vaccines, the World Health Organization on Wednesday convened a meeting of vaccine manufacturers and national regulatory authorities from its South-East Asia Region. "The manufacturing capacity that exists in our Region is of the quality and scale required to produce and roll-out a Covid-19 vaccine globally. This Region is a vaccine manufacturing powerhouse, and it must now also play a lead role in overcoming the ongoing pandemic,” said Dr Poonam Khetrapal Singh, Regional Director, WHO South-East Asia. At the virtual meeting, leading manufacturers from India, Indonesia, and Thailand discussed timelines and production capacity, while regulatory bodies deliberated on adjustments that would be needed in processes to make Covid-19 vaccines availab

Southeast Asia’s Grab offers staff no-pay leave as coronavirus saps demand

2May

By Desk TeamNo Comments

Southeast Asia’s Grab offers staff no-pay leave as coronavirus saps demand

Senior Grab leaders are reducing salaries by up to 20 percent this year Coronavirus pandemic the single biggest crisis to affect the eight-year-old company SINGAPORE: Southeast Asian ride-hailing firm Grab said on Thursday it is offering some staff unpaid leave and senior executives are taking salary cuts as it moves to conserve cash amid falling demand because of the novel coronavirus outbreak. “Senior Grab leaders are reducing salaries by up to 20 percent this year and we have given employees across the region, in teams where there is excess capacity — the option to take flexible working arrangements,” Grab, the region’s most valuable start-up, said in a statement.It said such arrangements could include no-pay leave, reduced working hours and sabbaticals. Grab said the steps