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South Korea adds 142 more coronavirus cases

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South Korea reported 142 more novel coronavirus cases Wednesday, a significantly lower increase than the day before, taking its total to 5,328 — the largest in the world outside China.

Seoul had reported 851 new cases on Tuesday, its biggest daily case increase to date, with South Korean President Moon Jae-in declaring “war” against the deadly virus.

Four more people had died, the Korea Centers for Disease Control and Prevention said on Wednesday, taking the toll to 32.

South Korea has seen a rapid rise in infections in recent days as authorities carry out checks on more than 260,000 people associated with the Shincheonji Church of Jesus, a religious sect often condemned as a cult that is now linked to more than half the cases.

More than 4,000 cases have now been confirmed in southern city of Daegu — where the outbreak among Shincheonji members began with a 61-year-old woman, who developed symptoms on February 10 but attended at least four worship services in the city.

Some 2,300 Daegu patients — some of them with severe symptoms, others with either mild ones or none at all — are waiting to be admitted to medical facilities, vice health minister Kim Gang-lip told reporters.

Scores of events in the country — from K-pop concerts to sports seasons — have been cancelled or postponed over the contagion, with school and kindergarten breaks extended by three weeks nationwide.

All daycare centres are also closed until Sunday, and the government is contemplating whether to keep them closed for longer, Kim said.

The central bank has warned of a contraction in the first quarter for the world’s 12th-largest economy, noting the epidemic will hit both consumption and exports.

President Moon said Tuesday the government will inject more than 30 trillion won ($25 billion) into the economy to address the “grave” situation brought on by the outbreak.

– AFP

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Up to 200 athletes tested for doping so far at Asian Games

Between 150 and 200 Asian Games athletes tested for doping, yielding no positive results. Anti-doping efforts emphasized for a clean event, focusing on record-breakers.

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HANGZHOU, CHINA — Between 150 and 200 Asian Games athletes have already been tested for doping, the Olympic Council of Asia said on Monday, with no positive results so far.

Speaking at an anti-doping press conference on the second full day of the Games in the Chinese city of Hangzhou, the OCA said dope-testing was “gaining momentum” at the event.

Mani Jegathesan, an adviser to the OCA anti-doping committee, warned that drug cheats would be rooted out.

Up to 200 athletes have been tested so far, he said, but any positive results will take several days to come through.

“Every athlete participating in these Games must understand that they could be picked at any time,” Jegathesan warned.

“That is the best step to ensuring we have a clean event.”

There are about 12,000 athletes at the 19th Asian Games, more competitors than the Olympics, and Jegathesan admitted it would be impossible to test them all.

Instead, they will prioritise, including picking out those who break world or Asian records.

— AFP

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Foodpanda’s restructuring amid sale speculations

Food delivery giant Foodpanda, a subsidiary of Delivery Hero, announces staff layoffs in the Asia-Pacific region, aiming for increased efficiency. This move coincides with ongoing talks about potentially selling parts of its 11-year-old business.

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Foodpanda, a subsidiary of Delivery Hero, is initiating undisclosed staff reductions in the Asia-Pacific region, as discussions continue regarding the potential sale of a portion of its 11-year-old food delivery business.

In a memorandum circulated to employees on 21 September, Foodpanda CEO Jakob Angele conveyed the company’s intent to become more streamlined, efficient, and agile.

Although the exact number of affected employees was not disclosed, the emphasis was on enhancing operational efficiency for the future.

No mention was made in the memo regarding the reports of Foodpanda’s potential sale in Singapore and six other Southeast Asian markets, possibly to Grab or other interested buyers.

Foodpanda had previously conducted staff layoffs in February and September 2022. These actions come as the company faces mounting pressure to achieve profitability, particularly in challenging economic conditions.

The regulatory filings of Foodpanda’s Singapore entity for the fiscal year 2022, ending on 31 Dec, indicated a loss of S$42.7 million despite generating revenue of S$256.7 million.

Angele further explained that Foodpanda intends to review its organizational structure, including both regional and country teams, with some reporting lines being reassigned to different leaders. Additionally, certain functions will be consolidated into regional teams.

Expressing regret over the challenging decisions, Angele assured affected employees of a severance package, paid gardening leave, and extended medical insurance coverage where feasible.

Foodpanda will also forego the usual waiting period for long-term incentive plan grants, and vesting will continue until the last employment date. Employees will retain all vested shares as of their last day of employment.

Foodpanda, established in 2012 and headquartered in Singapore, became a part of Delivery Hero in 2016. The company operates in 11 markets across the Asia-Pacific region, excluding its exit from the Japanese market last year.

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