NZ government to allot USD 51 Mn for international education sector

According to reliable sources, the New Zealand government is planning to invest USD 51 million in a bid to keep the international education sector running following the ramifications of COVID-19 pandemic. It has also warned the educational ....

MediaTek Inc. develops new 5G chipset for mid-range smartphones

MediaTek, a Taiwanese fabless semiconductor company, has reportedly introduced 7nm 5G chipset named Dimensity 720, an addition to the existing Dimensity chipset series, for mid-tier devices segment. MediaTek claims that Dimensity 720 chips....

South Korea falls into recession as exports dip most since 1963

The South Korean economy is facing its worst decline in over 20 years after it fell into recession in the second quarter as the COVID-19 pandemic has withheld export operations, with social distancing norms shrinking factory output. Accord....

Worldwide markets to recover on apparent COVID-19 vaccine and EU deal

Amidst the economic slowdown stemmed by the outbreak of COVID-19, sources with relevant information stated that the euro reached an 18-month high while the stock market is witnessing a steady progress. The recent surge in the currency came ....

Online orders surge, Hermes to recruit 10,500 new people in UK

As reported by credible sources, Hermes, a parcel delivery firm, declared that it will generate more than 10,000 jobs in the UK, driven by the unprecedented increase in online shopping due to the outbreak of COVID-19 pandemic. If reports a....

Google partners with Singapore authorities to launch Skills Ignition SG

Google LLC and Singapore-based public entities such as Infocomm Media Development Authority, Economic Development Board, and SkillsFuture (SSG), have reportedly started a joint skills training and new jobs initiative called Skills Ignition ....

Glenmark faces heat from DCGI over false claims of FabiFlu drug

V.G. Somani, Drug Controller General of India, the head of Central Drugs Standards Control Organization (CDSCO), recently inquired Glenmark Pharmaceuticals Ltd., headquartered in Mumbai, over its alleged false claims on the efficacy of Fabi....

OSE Immunotherapeutics receives $228,000 to develop COVID-19 vaccine

The novel coronavirus outbreak has turned out to be one of the worst disasters the world has witnessed in recent times. At times like this, pharmaceutical companies worldwide have been putting their best foot forward to find the vaccine for....

Singapore’s ESR and Sabana REIT propose merger amid pandemic

Although the economic impact of the ongoing COVID-19 has significantly impacted prospects for Singapores REITs (Real Estate Investment Trusts), it seems that some resilient spots in the real estate sector will remain where they were. In the....

Biolidics lands 5-year licensing deal to develop COVID-19 test kits

Biolidics, a precision medicine medical technology company, headquartered in Singapore, on July 9 inked an agreement with the commercialization arm of the Agency for Science, Technology and Research (A*Star), Accelerate Technologies, to use....