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SRI TRANG GLOVES, A NEW BEGINNING ON 10 MAY 2021
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tonyja
Elite |
04-May-2021 20:05
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It&rsquo s Not Just India. New Virus Waves Hit Developing Countries(Bloomberg) -- It&rsquo s not just India. Fierce new Covid-19 waves are enveloping other developing countries across the world, placing severe strain on their health-care systems and prompting appeals for help. Nations ranging from Laos to Thailand in Southeast Asia, and those bordering India such as Bhutan and Nepal, have been reporting significant surges in infections in the past few weeks. The increase is mainly because of more contagious virus variants, though complacency and lack of resources to contain the spread have also been cited as reasons. In Laos last week, the health minister sought medical equipment, supplies and treatment, as cases jumped more than 200-fold in a month. Nepal is seeinghospitals quickly filling up and running out of oxygen supplies. Health facilities are under pressure in Thailand, where 98% of new cases are from a more infectious strain of the pathogen, while some island nations in the Pacific Ocean are facing their first Covid waves. Although nowhere close to India&rsquo s population or flare-up in scope, the reported spikes in these handful of nations have been far steeper, signaling the potential dangers of an uncontrolled spread. The resurgence -- and first-time outbreaks in some places that largely avoided the scourge last year -- heightens the urgency of delivering vaccine supplies to poorer, less influential countries and averting a protracted pandemic. &ldquo It&rsquo s very important to realize that the situation in India can happen anywhere,&rdquo said Hans Kluge, the regional director at the World Health Organization for Europe, during a briefing last week. &ldquo This is still a huge challenge.&rdquo  © Bloomberg Globally, Where Are Cases Surging the Most?
Ranked by the change in newly recorded infections in the past month over the previous month, Laos came first with a 22,000% increase, followed by Nepal and Thailand, both of which saw fresh caseload skyrocketing more than 1,000% on a month-over-month basis. Also on top of the list are Bhutan, Trinidad and Tobago, Suriname, Cambodia and Fiji, as they witnessed the epidemic erupt at a high triple-digit pace. &ldquo All countries are at risk,&rdquo said David Heymann, a professor of infectious disease epidemiology at the London School of Hygiene & Tropical Medicine. &ldquo The disease appears to be becoming endemic and will therefore likely remain a risk to all countries for the foreseeable future.&rdquo Read more on India&rsquo s crisis: On May 1, India reported a record 401,993 new cases in the prior 24 hours, while deaths touched a new high of 3,689 the following day. The nation&rsquo s hospitals and crematoriums are working overtime to cope with the sick and the surging number of deaths. Compounding the crisis, health-care facilities are also facing a shortage of medical oxygen, unable to treat distressed patients with coronavirus-infected lungs gasping for air at their doorsteps. The abrupt outbreak in Laos -- a place that only recorded 60 cases since the start of the pandemic through April 20 and no death to date -- shows the challenges facing some of the landlocked nations. Porous borders make it harder to clamp down on illegal crossings though entry is technically banned. Communist-ruled Laos has ordered lockdowns in its capital Vientiane and banned travel between the capital and provinces. The health minister reached out to neighbors like Vietnam for assistance on life-saving resources. Nepal and Bhutan have seen cases erupt, in part due to returning nationals. Nepal, which has identified cases of the new Indian variant, has limited resources to combat the virus. The Himalayan nation said it&rsquo s suspending most flights and turning major hospitals into Covid care facilities. &lsquo Very Serious&rsquoThe situation is &ldquo very serious,&rdquo according to Ali Mokdad, Chief Strategy Officer for Population Health at the University of Washington. &ldquo New variants will require a new vaccine and a booster for those already vaccinated -- they will delay the control of the pandemic.&rdquo Mokdad said the economic hardship of poorer countries make the battle even tougher. Thailand, which had been seeking to revive its ailing tourism industry, just reintroduced a two-week mandatory quarantine for all visitors. A government forecast for 2021 tourism revenue was cut to 170 billion baht ($5.5 billion), from January&rsquo s expectations for 260 billion baht. With the country&rsquo s public health system under pressure, authorities are trying to set up field hospitals to accommodate a flood of patients. About 98% of cases in Thailand are of the variant first identified in the U.K. based on a sample of 500 people, according to Yong Poovorawan, chief of the Center of Excellence in Clinical Virology at Chulalongkorn University. Red ZoneIn Cambodia, since the beginning of the current outbreak, more than 10,000 locally acquired cases have been detected in more than 20 provinces. The Cambodian capital Phnom Penh is now a &ldquo red zone,&rdquo or a high-risk outbreak area. In Sri Lanka, the island-nation at the southern tip of India, authorities have isolated areas, banned weddings and meetings and closed cinemas and pubs to cap a record spike following last month&rsquo s local New Year festivities. The government says the situation is under control. Even Vietnam, which has among the lowest number of infections in Southeast Asia, is imposing curbs on public gatherings after reporting a 131% jump in April over the prior month. With daily cases topping 3,000 last week for the first time since February, Malaysia is set to tighten restrictions May 6 through May 17 in six districts of Selangor, the country&rsquo s richest state. Across the oceans in the Caribbean, Trinidad and Tobago announced a partial lockdown after the country&rsquo s daily cases hit a record high, closing restaurants, malls and cinemas until late May. The case count in the latest month is about 700% more than the previous month. That high level of increase is also seen in Suriname, on the northeastern coast of South America. Cases in April rose over 600% from that in March.  © Bloomberg Wrong Direction
After staying relatively Covid-free thanks to strict border controls, some of the Pacific island-nations are now seeing their first wave. Cities in the tourist hot spot of Fiji have gone into lockdown after the wider community contracted the virus from the military. &ldquo The recent rise in recorded cases throughout the Pacific reveals how critical it is to not just rely on strong borders but to actually get vaccines into these countries,&rdquo said Jonathan Pryke, who heads research on the Pacific region for the Lowy Institute, a Sydney-based think tank. &ldquo India is a shocking warning to this part of the world about how quickly this pandemic can spiral out of control.&rdquo There&rsquo s a duty for developed countries, recovering from the pandemic thanks to rapid inoculations, to contribute to a more equitable global distribution of vaccines, diagnostic tests and therapeutic agents including oxygen, according to Heymann, the professor at the London School of Hygiene & Tropical Medicine. The world hasn&rsquo t seen a concerted global response yet, and that is a concern, said Jennifer Nuzzo, a senior scholar at the Johns Hopkins Center for Health Securityin Baltimore. Getting back to pre-2020 normalcy &ldquo really depends on helping countries gain control of this virus as much as possible,&rdquo she said. &ldquo I really hope countries can look within themselves and figure out what they can do to help.&rdquo |
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tonyja
Elite |
04-May-2021 15:01
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Regulators should send timely and clear messages regarding market conductMak Yuen TeenApr 25, 2021
By Mak Yuen Teen Last week, near the end of a trading day, the share price of a Catalist issuer went up by 10% and its trading volume by more than 100 times compared to the previous day. This attracted a trading query from SGX. In its response to the query that same evening, the issuer said that at 5.10 pm that day, the board had received an approach letter indicating that a more than 10% stake will be purchased through a married trade, which will be followed by a mandatory unconditional cash offer for all the remaining shares of the issuer. It would appear that some were privy to the information and traded on it before it was announced. Yesterday, another issuer retracted an announcement made 11 days earlier about a master supply agreement with a large U.S. company. The earlier announcement had said that the agreement will generate substantial revenue over two years which was specifically quantified. The retraction announcement now said that the issuer made the earlier announcement because it believed that the execution of the agreement was &ldquo imminent&rdquo . It added that it was notified after the earlier announcement that the agreement was in fact not signed then and has not been signed since. However, the earlier announcement and press release said that the issuer had &ldquo entered&rdquo into the agreement &ndash there was no mention about the agreement not having been signed yet. Was the earlier announcement accurate? When did the board become aware of the fact that the agreement had not been signed? Was the market already aware that the agreement had not been signed before the company&rsquo s retraction, since the share price had fallen by 13% after peaking the day before the original announcement? In November last year, the Group CEO of the same issuer gave an extensive interview in a news article. One of his comments was about the expected profitability of the group for FY2020, with the the CEO saying that he expected the group to be profitable for FY2020. Three days earlier, the company had called for a trading halt ahead of an announcement of a placement of shares, which was made on the same day as the news article. After the trading halt was lifted, the share price surged by 15% above the last closing share price. Trading volume that day exceeded the total trading volume for the previous five trading days. The following day, the share price fell back down by 13%. Three days later, the issuer issued a clarification relating to the news article, with one of the clarifications relating to the Group CEO&rsquo s comments about expected profitability for FY2020. In cases such as the above, the market is left guessing as to whether regulators will investigate if rules have been complied with. Which brings me to the case of Datapulse Technology, one of many cases where I have highlighted potential rule breaches over the past few years. On 15 April 2021, SGX announced that the Listings Disciplinary Committee has publicly reprimanded three former executive directors of Datapulse Technology for failing to provide all information in its circular for shareholders to make an informed decision on the disposal of its property at its EGM held on 28 September 2017. In other words, the public reprimand came more than 3.5 years after the breach. It took market players by surprise judging by the messages I received. Some have become accustomed to rule breaches being unpunished and had assumed that nothing will be done especially since several years have passed. Others were surprised that this was the only outcome from the case, since SGX said nothing about whether other action is pending or whether it has referred any matter to the statutory regulators. Does this mean that the other potential breaches were not breaches at all or did the regulators decide that certain types of breaches do not warrant action? It is possible of course that private reprimands were issued for some other breaches, but the market is none the wiser in such cases. For this reason, stock exchanges in other markets such as Malaysia have largely discontinued the use of private reprimands. SGX does not even disclose separately the number of private and public reprimands they have issued for issuers. It lumps together private and public actions and those for issuers, intermediaries and their representatives. It provides no information about what these actions are for and no information about ongoing investigations. Contrast this with countries such as Australia and Hong Kong, where regulators (the Australian Securities and Investment Commission in the case of Australia since enforcement of listing rules no longer rests with the stock exchange) disclose up-to-date statistics on ongoing investigations, including the issues that are the subject of these investigations. Our regulators should do the same. This is particularly important given the length of time it takes for our regulators to investigate and take enforcement actions. Opacity undermines confidence in the regulatory regime and encourages market misconduct to perpetuate. Our regulators should also send timely and clear messages about unacceptable market conduct and commit to investigating all serious breaches. |
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tonyja
Elite |
04-May-2021 14:20
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tonyja
Elite |
04-May-2021 13:00
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tonyja
Elite |
04-May-2021 12:58
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tonyja
Elite |
03-May-2021 18:39
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Explainer | Why India&rsquo s official coronavirus numbers understate the true scale of its crisis Based on modelling from a previous surge in India, the true infection numbers could be 10 times higher than the official reports indicate And in rural India, people often die at home without medical attention, meaning these deaths are vastly under-reported Even after more than a year of devastating coronavirus surges across the world, the intensity and scale of India&rsquo s current crisis stands out, with patients desperate for short supplies of oxygen, pleas for help from overwhelmed hospitals, and images of body bags and funeral pyres. As daily case counts soar far beyond what other countries have reported, experts caution the official Covid-19 numbers from the world&rsquo s second most populous country are likely a massive undercount. But why is India&rsquo s data considered inaccurate? Is the data any less accurate than what other nations report? And which numbers give a good indication of the crisis? Is India counting every case? India is not counting every coronavirus case, but no nation can. Around the world, official tallies generally report only confirmed cases, not actual infections. Cases are missed because testing is so haphazard and because some people infected by the coronavirus experience mild or even no symptoms. The more limited the testing, the more cases are being missed. The World Health Organization says countries should be doing 10 to 30 tests per confirmed case. India is doing about five tests for every confirmed case, according to Our World in Data, an online research site. The US is doing 17 tests per confirmed case. Finland is doing 57 tests per confirmed case. &ldquo There are still lots of people who are not getting tested,&rdquo said Dr Prabhat Jha of the University of Toronto. &ldquo Entire houses are infected. If one person gets tested in the house and reports they&rsquo re positive and everyone else in the house starts having symptoms, it&rsquo s obvious they have Covid, so why get tested?&rdquo Jha estimates, based on modelling from a previous surge in India, that the true infection numbers could be 10 times higher than the official reports. What about deaths? Deaths are a better indicator of the shape of the pandemic curve, Jha said, but there are problems with the data here, too &ldquo The biggest gap is what&rsquo s going on in rural India,&rdquo Jha said. In the countryside, people often die at home without medical attention, and these deaths are vastly under-reported. Families bury or cremate their loved ones themselves without any official record. Seventy per cent of the nation&rsquo s deaths from all causes occur in rural India in any given year. Counting rural deaths can be done, as Jha&rsquo s work with the Million Death Study has shown. The pre-pandemic project used in-person surveys to count deaths in rural India, capturing details of symptoms and circumstances with results of the &ldquo verbal autopsies&rdquo reviewed and recorded by doctors. Many low- and middle-income countries have similar undercounts of death data, Jha said, but India could do better. &ldquo It&rsquo s a country that&rsquo s got a space programme. Just counting the dead is a basic function,&rdquo he said. &ldquo India should be doing much, much better.&rdquo Does it matter? Knowing the size and scope of the outbreak and how it is changing helps governments and health officials plan their responses. Even with the known problems with the data, the trajectory of Covid-19 cases and deaths in India is an alarming reminder of how the virus can rocket through a largely unvaccinated population when precautions are lifted. &ldquo What happens in India matters to the entire world,&rdquo said Dr Amita Gupta, chair of the Johns Hopkins India Institute in a Facebook conversation on Thursday. &ldquo We care from a humanitarian perspective, a public health perspective, and a health security perspective.&rdquo |
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tonyja
Elite |
01-May-2021 16:24
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US TO RESTRICT TRAVEL FROM INDIA EFFECTIVE MAY 4 AS COVID SURGE DEVASTATES THE COUNTRY: The Biden administration will restrict travel from India as that country grapples with a gigantic surge in coronavirus cases, White House press secretary Jen Psaki said. The policy will take effect Tuesday, May 4, Psaki said. India reported record daily cases and deaths from Covid on Wednesday and Thursday. Emergency aid arrives in India amid a sharp increase in Covid cases: The Biden administration will restrict travel from India as that country grapples with a gigantic surge in coronavirus cases, White House press secretary Jen Psaki said Friday. The policy will take effect Tuesday, May 4, Psaki said in a statement. The administration made the decision on the advice of the Centers for Disease Control and Prevention, she said. While Covid infections and deaths have been on the decline in the U.S. as millions of Americans get vaccinated each day, India is in the grip of an unprecedented spike in cases. People wearing personal protective equipment (PPE) carry the body of a person who died from the coronavirus disease (COVID-19), during a mass cremation, at a crematorium in New Delhi, India April 26, 2021. India reported record daily death tolls from Covid on Wednesday and Thursday. The country is averaging about 3,050 Covid deaths per day, according to data compiled by Johns Hopkins University, though media reports indicate the official figure is being understated. India has reported an average of about 357,000 new cases per day over the past seven days &mdash up about 26% from a week ago, Johns Hopkins data shows. U.S. restricts travel from India during outbreak: The country is battling a highly contagious Covid variant, known as B.1.617, which was first spotted there. The variant, which contains two key mutations that have been found separately in other coronavirus strains, is believed by some to be behind the latest wave of infections. The variant has since been identified in other countries, including the United States. A patient wearing an oxygen mask is wheeled inside a COVID-19 hospital for treatment, amidst the spread of the coronavirus disease (COVID-19) in Ahmedabad, India, April 26, 2021. There are few nonstop flights between the U.S. and India. United Airlines is the only major U.S. carrier operating nonstop service between the two countries, with four daily departures to India. Air India has a similar number scheduled for next month, according to aviation data firm Cirium. The new travel order isn&rsquo t expected to ban flights, but rather non-U.S. citizens or permanent residents who have recently been in India &mdash a similar format as restrictions that have been placed on much travel from the EU, China and Brazil, according to a person familiar with the matter. &ldquo If we are going to do this, we ought to be clear about what we&rsquo re aiming to accomplish,&rdquo former Food and Drug Administration commissioner Scott Gottlieb said of the new travel restrictions on CNBC&rsquo s &ldquo Closing Bell.&rdquo &ldquo Most of the data shows that they have a negligible impact on transmission of the virus and introduction of the virus into the United States,&rdquo Gottlieb said. &ldquo I can assure you that the variants we&rsquo re seeing circulating in India, including the new 617 variant, are here in the United States already,&rdquo he said. U.S. army personnel prepare to unload coronavirus disease (COVID-19) relief supplies from the U.S. at the Indira Gandhi International Airport cargo terminal in New Delhi, India April 30, 2021. The Biden administration, facing bipartisan calls to help India get a grip on the staggering health crisis, announced this week that the U.S. is sending the country more than $100 million worth of Covid supplies, including 1,000 oxygen cylinders, 15 million N95 masks and 1 million rapid diagnostic tests. But lawmakers are still ratcheting up pressure on President Joe Biden to do more for India. In a letter Friday, members of the House Caucus on India and Indian Americans urged Biden to provide the country with additional resources, including vaccines. &ldquo Our support for India to help beat back this latest wave is in the U.S. national interest as the pandemic will not end anywhere until it ends everywhere,&rdquo said the letter, which was signed by two Republicans and two Democrats in the House group. Psaki, talking with reporters aboard Air Force One on Friday afternoon, said two U.S. military planes filled with supplies landed in India that morning, adding that more was coming soon. Secretary of State Antony Blinken reached out to his Indian counterpart in recent days, Psaki noted. Asked about travel from India at a White House briefing on the pandemic earlier Friday, Covid response coordinator Jeff Zients said the U.S. was &ldquo continuously monitoring the situation.&rdquo He added that America was &ldquo in very close contact with our foreign counterparts&rdquo and that it would &ldquo continue to follow the CDC&rsquo s science-based guidance on travel and other matters.
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limjoeseph
Supreme |
01-May-2021 16:16
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US TO RESTRICT TRAVEL FROM INDIA EFFECTIVE MAY 4 AS COVID SURGE DEVASTATES THE COUNTRY: The Biden administration will restrict travel from India as that country grapples with a gigantic surge in coronavirus cases, White House press secretary Jen Psaki said. The policy will take effect Tuesday, May 4, Psaki said. India reported record daily cases and deaths from Covid on Wednesday and Thursday. Emergency aid arrives in India amid a sharp increase in Covid cases: The Biden administration will restrict travel from India as that country grapples with a gigantic surge in coronavirus cases, White House press secretary Jen Psaki said Friday. The policy will take effect Tuesday, May 4, Psaki said in a statement. The administration made the decision on the advice of the Centers for Disease Control and Prevention, she said. While Covid infections and deaths have been on the decline in the U.S. as millions of Americans get vaccinated each day, India is in the grip of an unprecedented spike in cases. People wearing personal protective equipment (PPE) carry the body of a person who died from the coronavirus disease (COVID-19), during a mass cremation, at a crematorium in New Delhi, India April 26, 2021. India reported record daily death tolls from Covid on Wednesday and Thursday. The country is averaging about 3,050 Covid deaths per day, according to data compiled by Johns Hopkins University, though media reports indicate the official figure is being understated. India has reported an average of about 357,000 new cases per day over the past seven days ? up about 26% from a week ago, Johns Hopkins data shows. U.S. restricts travel from India during outbreak: The country is battling a highly contagious Covid variant, known as B.1.617, which was first spotted there. The variant, which contains two key mutations that have been found separately in other coronavirus strains, is believed by some to be behind the latest wave of infections. The variant has since been identified in other countries, including the United States. A patient wearing an oxygen mask is wheeled inside a COVID-19 hospital for treatment, amidst the spread of the coronavirus disease (COVID-19) in Ahmedabad, India, April 26, 2021. There are few nonstop flights between the U.S. and India. United Airlines is the only major U.S. carrier operating nonstop service between the two countries, with four daily departures to India. Air India has a similar number scheduled for next month, according to aviation data firm Cirium. The new travel order isn?t expected to ban flights, but rather non-U.S. citizens or permanent residents who have recently been in India ? a similar format as restrictions that have been placed on much travel from the EU, China and Brazil, according to a person familiar with the matter. ?If we are going to do this, we ought to be clear about what we?re aiming to accomplish,? former Food and Drug Administration commissioner Scott Gottlieb said of the new travel restrictions on CNBC?s ?Closing Bell.? ?Most of the data shows that they have a negligible impact on transmission of the virus and introduction of the virus into the United States,? Gottlieb said. ?I can assure you that the variants we?re seeing circulating in India, including the new 617 variant, are here in the United States already,? he said. U.S. army personnel prepare to unload coronavirus disease (COVID-19) relief supplies from the U.S. at the Indira Gandhi International Airport cargo terminal in New Delhi, India April 30, 2021. The Biden administration, facing bipartisan calls to help India get a grip on the staggering health crisis, announced this week that the U.S. is sending the country more than $100 million worth of Covid supplies, including 1,000 oxygen cylinders, 15 million N95 masks and 1 million rapid diagnostic tests. But lawmakers are still ratcheting up pressure on President Joe Biden to do more for India. In a letter Friday, members of the House Caucus on India and Indian Americans urged Biden to provide the country with additional resources, including vaccines. ?Our support for India to help beat back this latest wave is in the U.S. national interest as the pandemic will not end anywhere until it ends everywhere,? said the letter, which was signed by two Republicans and two Democrats in the House group. Psaki, talking with reporters aboard Air Force One on Friday afternoon, said two U.S. military planes filled with supplies landed in India that morning, adding that more was coming soon. Secretary of State Antony Blinken reached out to his Indian counterpart in recent days, Psaki noted. Asked about travel from India at a White House briefing on the pandemic earlier Friday, Covid response coordinator Jeff Zients said the U.S. was ?continuously monitoring the situation.? He added that America was ?in very close contact with our foreign counterparts? and that it would ?continue to follow the CDC?s science-based guidance on travel and other matters. | ||
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limjoeseph
Supreme |
01-May-2021 13:41
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Lately I Have Erred on the Conservative Side with my STGT Earnings Projection on 12 May Release with a Minimum of US$330 Million (10.05 Billion Bahts) at their Gloves ASP of US$63 per box. After Much Further Investigation into STGT 1st Quarter Gloves Sales ASP with Advice from My Priveleged Thai Informant, I Have Decided to Use My Projected Gloves ASP at US$67 per box Deriving at My New Earnings Projection for STGT at Minimum US$350 Million (10.50 Billion Bahts). As Always, Due Diligence is Warranted on Judgemental Call to Suit Own Risk Appetite. | ||
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1c2e3s
Veteran |
30-Apr-2021 20:14
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tonyja
Elite |
30-Apr-2021 20:12
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tonyja
Elite |
30-Apr-2021 18:42
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tonyja
Elite |
30-Apr-2021 18:33
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tonyja
Elite |
30-Apr-2021 17:49
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SRI TRANG GLOVES (THAILAND) PUBLIC COMPANY
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tonyja
Elite |
30-Apr-2021 13:10
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tonyja
Elite |
30-Apr-2021 12:44
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tonyja
Elite |
30-Apr-2021 12:15
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tonyja
Elite |
30-Apr-2021 12:02
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tonyja
Elite |
30-Apr-2021 11:41
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tonyja
Elite |
30-Apr-2021 11:36
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