Category: dpceplzh

  • Low-income patients will get COVID-19 vaccines for free, govt says

    first_imgThe government has allocated Rp 280 billion (US$ 18.8 million) in 2021 for the development of the locally produced Merah Putih (Red and White) vaccine.Read also: Govt to set aside Rp 37 trillion for COVID-19 vaccine procurementHowever, Presidential Decree No. 18/2020 on the national team for the acceleration of COVID-19 vaccine development opens the possibility of other sources of funding for the program beyond the state budget.The potential vaccine is currently being developed by a national consortium under the Research and Technology Ministry, led by the Eijkman Institute for Molecular Biology.Other institutions that are also conducting research and development are the Indonesian Institute of Sciences (LIPI), the University of Indonesia (UI), the Bandung Institute of Technology (ITB), Gadjah Mada University (UGM) and Airlangga University (Unair).The vaccine is expected to cover at least 50 percent of Indonesia’s vaccine needs.Topics : Up to 98 million low-income patients whose healthcare premiums are fully funded by the state through the Health Care and Social Security Agency (BPJS Kesehatan) will get the COVID-19 vaccine for free, Research and Technology Minister Bambang Brodjonegoro has said.“Between 97 and 98 million PBI participants of the BPJS Kesehatan will get the vaccine for free. Of course, the government and the Health Ministry will see how it is for the non-PBI participants” he said in a hearing with House of Representatives Commission VII overseeing research and technology on Tuesday.Bambang, who also heads the National Research and Innovation Agency (BRIN) and is the person-in-charge of the national team to accelerate the development of a possible COVID-19 vaccine, said that the government was currently calculating the total cost of the vaccine.last_img read more

  • 14 Jakarta jobs law protesters test positive for COVID-19

    first_imgThey were among the 1,192 university students and workers detained by the police during the protests in Jakarta.“We will identify the 14 students’ schools and universities prior to launching mass testing,” Ahmad said on Friday, as quoted by added that the Jakarta Health Agency would perform contact tracing. Read also: Police used ‘excessive force’ during omnibus Jobs Law protests: ActivistsPreviously, the police conducted rapid antibody tests on the detainees and found 34 people with “reactive” results.The 34 protesters were admitted to the Wisma Atlet Kemayoran emergency hospital for COVID-19 patients.“They will stay for one or two days while waiting for their swab test results. If they get negative results, we will allow them to go home. However, they will have to undergo isolation at the hospital if they test positive,” Jakarta Police spokesperson Sr. Comr. Yusri Yunus said. (dpk)Topics : Fourteen protesters arrested during a rally against the Job Creation Law in Jakarta on Thursday have tested positive for COVID-19.Jakarta deputy governor Ahmad Riza Patria the 14 people were high school and university students.last_img read more

  • Hill: Holistic balance sheet decision will ‘balance’ stability, growth

    first_imgThe European Commission has stood by work on the controversial holistic balance sheet (HBS) undertaken by the European Insurance and Occupational Pensions Authority (EIOPA), arguing that future regulation should balance the pension sector’s financial stability with the Continent’s growth prospects.Addressing the National Association of Pension Funds (NAPF) Investment Conference in Edinburgh, Jonathan Hill, commissioner for Financial Stability, Financial Services and Capital Markets Union, said he was aware of concern among pension funds around EIOPA’s independent work on potential solvency requirements.The Frankfurt-based regulator is currently working on the HBS design expected to take shape in either solvency requirements, minimum funding level or a risk management tool, with final proposals scheduled for next year.However, Hill said he would not pre-judge the outcome of the Commission’s response. “I will examine [the HBS] on its merits, bearing in mind our goal of financial stability but also the likely impact on the wider economy, including jobs and growth,” Hill said.Responding to accusations EIOPA was running its own agenda rather than falling in line with Commission plans, Hill said the authority’s job was to provide technical advice, and that it did this thoroughly.“It is important EIOPA is independent, but, ultimately, it operates within a political system, and the Commission will exercise that political judgment,” he said.“The buck stops with me. [This is] about trade-offs and where you strike the balance on the spectrum.”Referring to a focus on risk reduction over growth since the 2008 financial crisis, Hill said: “When you are in the middle of a huge financial crisis, people, regulators and politicians are going to strike a balance on one end of the spectrum than another.“That thought is one I will have in mind when I go about my job and think about regulations, and make the difficult judgments about where to come down. I will look at regulation through that prism.”The Commissioner did, however, announce a review of the European Markets Infrastructure Regulation (EMIR), and the requirement for pension funds to clear over-the-counter derivatives centrally with counterparties.Pension funds have been granted exemption from the rules until August 2015, with a two-year extension currently being reviewed by the Commission.“I know you are concerned EMIR will increase the cost of hedging through the requirement of the posting of an initial margin and consequently lead to a reduction in equity investments,” Hill said.“While it is too early to take a decision, I will be launching a review of the EMIR legislation shortly, which will provide an opportunity for reflection.”Hill added that he recognised pension funds did not generally hold cash and that the requirement to clear centrally and post for margin calls could ultimately reduce pensioner incomes.“No possible alternative solutions for the posting of non-cash assets by pension schemes have yet been found.”Read Jonathan Williams’ analysis of the industry reaction to EIOPA’s holistic balance sheet proposalslast_img read more

  • More changes to AP funds’ investment rules on the horizon

    first_imgIn the report, McKinsey said: “In the context of the amended regulatory framework, it is considered important for the Ministry of Finance to evaluate and make informed decisions about the possibility of the funds investing in specific asset classes and investment models (for example, unlisted credits, direct ownership in assets other than property, or co-investments with external fund managers in unlisted companies).“In today’s regulations, the AP funds’ ability to invest in, for example, unlisted credits and to invest directly in unlisted assets (in addition to real estate) is limited.”In granting the funds this freedom, attention should be paid to the expertise available, at both executive and board level.McKinsey said: “Possible areas to investigate are the prerequisites for attracting the right mix of expertise over time within the AP funds’ boards (including global asset management and investments in unlisted assets such as real estate, infrastructure and unlisted companies), as well as the funds’ ability to attract, over time, specialist skills for investment in unlisted assets in the investment organisations (for both direct and co-investment).”Fast-growing AP7 due for an updateAP7’s opportunities and risks were also changing as it continued to grow, the consultancy added. AP7 runs the default fund in Sweden’s first pillar defined contribution platform, the Premium Pension System (PPM).“The investment rules for [AP7] should therefore be investigated, in order to ensure that the fund has the best opportunities to generate a high risk-adjusted return for premium pension savers,” McKinsey said. It added that AP7’s ability to invest in unlisted assets, such as real estate and infrastructure, was currently limited.AP7’s growthChart MakerJohan Florén, head of communications at AP7, told Swedish news service Pensionsnyheterna: “It is a good suggestion to look at whether the restrictions should be removed… Investments in, for example, properties and infrastructure could both lead to better diversification and more green investments.”Florén added that it was hardly optimal from a financial perspective for savers to have daily liquidity in the default PPM fund on their entire capital for 40 years.Further reading Sweden’s AP funds should be allowed to invest directly as part of a continued modernisation of their investment rules, according to a government-commissioned report.Consultancy group McKinsey said in an annual evaluation of the six AP funds (AP1-4, AP6 and AP7) recommended more “modernisation” of the funds’ investment rules, bolstering the case for them to be allowed to make direct and co-investments.The report, commissioned by the Swedish government, referred to new rules in force for AP1-4 since 1 January 2019 and said the updating exercise should continue.Discussions are already under way among legislators for the funds to be allowed to invest directly, following calls from the funds themselves for more scope to make such investments. Stefan Lundbergh, director of Cardano InsightsSwedish Premium Pension: Lundbergh’s nudge Cardano’s Stefan Lundbergh speaks to IPE about his involvement in reform of the PPMSwedish Premium Pension: Safe and sound Sweden sets tough new conditions for premium pension firmsSweden: AP funds under review A cross-party group has been appointed to look into liberalising the investment capabilities of the AP buffer fundslast_img read more

  • DSME Lands LNG Carrier Duo Order

    first_imgSouth Korean shipbuilder Daewoo Shipbuilding and Marine Engineering has received a contract for the construction of two LNG carriers for unidentified American customers.According to the company, the deal is worth KRW 446.5 billion (USD 376.8 million).Scheduled to be delivered by September 2022, the LNG carriers are to have a capacity of 174,000 cbm each.The shipbuilder added that the vessels would feature MAN B&W ME-GI dual-fuel, two-stroke, gas-injection engines and in-house full re-liquefaction systems (FRS).The latest deals brought DSME’s orderbook to USD 4.27 billion this year. The company noted that it has achieved 51 percent of its annual target. The orders include nine LNG carriers, seven VLCCs, and four submarines.World Maritime News Stafflast_img read more

  • 18 child smacking complaints investigated by police

    first_imgNZ Herald 1 Oct 2011Eighteen complaints about child smacking were investigated by police in the six months to June 21. They were among 456 instances of child assault attended by officers. Only one of the 18 smacking incidents resulted in prosecution, 12 in a warning and five in other or no further action. There were 58 cases involving “minor acts of physical discipline”. Nine resulted in prosecution, 38 in warnings and 11 in other or no further action. The smacking prosecution involved a child being smacked at least five times on the buttocks with an open hand. The smacking was witnessed and reported to police by a neighbour.……However lobby group Family First says “nearly 500” families have been investigated by police for allegations of smacking or minor acts of physical discipline, yet only seven per cent of them were serious enough to warrant charges being laid. “A law is obviously a ‘dog’s breakfast’ when there is such a high rate (93 per cent) of cases warranting no further action by the police,” said spokesman Bob McCoskrie. “It seems incredible that we are wasting time investigating hundreds of families who obviously don’t warrant that investigation, … and are diverting valuable police resources from serious crime and rotten parents where actual abuse is happening. “What is concerning in the figures is that the serious ‘child assaults’ show a 60 per cent increase – with 206 being recorded in a 6-month period in 2008 and that figure rising to 332 in the latest 6-month period. “We quite obviously have not even begun to tackle the at-risk families with preventative measures. And, tragically, our child abuse death rate continues unabated,” said Mr McCoskrie. Family First said it continues to call for an amendment to the anti-smacking law to clearly define what is reasonable physical correction, to decriminalise non-abusive smacking, and to then target the country’s vital police resources at rotten parents who are abusing their kids. read more

  • Liverpool win Premier League to end 30-year title drought

    first_img Their 28th win in 31 league games this season prompted Liverpool star Mohamed Salah to declare “now is our time to win the league” and 24 hours later his wish was granted. Liverpool got the favour they wanted from Chelsea at Stamford Bridge. Willian’s 78th minute penalty, awarded for a handball by Fernandinho, ended City’s two-year reign as champions after Kevin De Bruyne had cancelled out Christian Pulisic’s opener. Liverpool fan Emily Farley sits outside her home, decorated with Liverpool banners and cut-outs, as she waits for the result of the match between Chelsea and Manchester City Liverpool spent years in the shadow of arch-rivals Manchester United during the Alex Ferguson era before being left behind by the massive spending of Manchester City and Chelsea. Then managed by Brendan Rodgers, they infamously squandered a golden opportunity to win the title in 2014 when Reds captain Steven Gerrard made his costly slip in a late-season defeat against Chelsea. Liverpool in action against Crystal Palace at an empty Anfield Liverpool have clinched the title earlier than any other Premier League champions, breaking the previous record of five games left shared by City and Manchester United. It has been an agonising wait for Liverpool fans across the world, with the coronavirus hiatus forcing them to put the champagne on ice after the Premier League was suspended in March with Klopp’s team two wins from the title. The three-month delay was a final obstacle on Liverpool’s long road back to the pinnacle of English football. But Klopp’s team are deserved champions after an incredible campaign that could end in record-breaking style. Liverpool, who are now one title behind Manchester United’s English record haul of 20, are on course to beat Manchester City’s record points total of 100 set in 2017⁄18. Liverpool were crowned Premier League champions without kicking a ball on Thursday as Chelsea’s 2-1 win over Manchester City ended the Reds’ 30-year wait to win the English title. Liverpool are Premier League champions Jurgen Klopp’s men sealed a 19th league title for the club with a record seven games left to play after second placed City’s defeat left them 23 points adrift. Liverpool had moved within two points of the title with a 4-0 demolition of Crystal Palace at Anfield on Wednesday. Klopp’s men could smash the record for the biggest winning margin, set by City when they finished 19 points clear at the top in that same season. They are also within touching distance of the most victories in a Premier League season – 32 by City in 2017⁄18 and 2018⁄19. – We can play pretty good – Klopp, the first German manager to win the Premier League, has been the architect of Liverpool’s renaissance since the former Borussia Dortmund boss arrived at Anfield in 2015. Read Also:Video: Schmeichel saves Leicester with penalty stop in Brighton draw “This game will last a while in my mind, this is what we want to be. “We cannot play like other teams, but we can play pretty good stuff.” Klopp’s frustration that matches are being played behind closed doors at present will fade in time. It will be the memories left by his transcendent team that linger longest. Historians on the Kop will surely rank this Liverpool side, also crowned Club World champions in December, alongside the 1979 and 1988 vintages as one of the greatest to wear the famous red shirt. FacebookTwitterWhatsAppEmail分享 Liverpool manager Jurgen Klopp Infusing his players with a belief in his “heavy metal” football and high-tempo “gegen-pressing” game-plan, the charismatic Klopp has earned his place alongside Liverpool’s iconic former managers Bill Shankly, Bob Paisley and Kenny Dalglish. When Dalglish led Liverpool to the title in 1990, the prize Shankly once described as the club’s “bread and butter” was almost taken for granted after two decades of dominance. Following years of underachievement, Klopp has brought his unique style and major trophies back to Liverpool. They won the Champions League last season, when they beat Tottenham in the final, 12 months after losing to Real Madrid at the same stage of the competition. Liverpool were pipped to the title by Manchester City on the final day of last season, finishing with a record 97 points for top-flight runners-up. But with Salah, Sadio Mane and Roberto Firmino forming a formidable front three, Jordan Henderson a tireless presence in midfield and Virgil van Dijk imperious at the back, Liverpool have left City trailing in their wake this season. It was fitting that Liverpool saved one of their most eye-catching performances for the week the title was won. After destroying Palace, Klopp said: “Imagine if the stadium could have been full and people could have experienced that live. It would have been amazing. Mohamed Salah is Liverpool’s leading goalscorer this season Loading…last_img read more

  • McGinley delays wild-card reveal

    first_img Press Association McGinley had originally planned to name his three picks on Monday, September 2, the day after the final qualifying event – the Italian Open – finishes. However, he will now do so a day later after it was pointed out to the Dubliner last month that the Deutsche Bank Championship, the second of the four FedEx Cup play-off events in which many of his team are likely to be playing, is due to finish on the Monday. Although qualifying from the World Points List will already have ended, it was reminiscent of the situation four years ago when Justin Rose and Paul Casey were told they had not been selected by Colin Montgomerie ahead of the final round of a tournament they were trying to win. “With no actual qualification points counting in the Deutsche Bank Championship, I was initially prepared to make my wild card announcement on the Monday – the day after the final counting event, the 2014 Italian Open,” McGinley said. “But I have had a rethink and I now want to delay 24 hours as I realise that some potential members of the team might well be playing in Boston that week. Realistically, I think it will have minimal effect, but out of respect for any players involved, I want to allow them to finish that tournament before I call them with news, one way or another.” The decision means both teams will announce their wild cards on the same day, with American captain Tom Watson revealing his three selections at a venue yet to be announced. McGinley will reveal his choices at Wentworth, which was also the venue when Gleneagles was named as the host venue in 2001. center_img Ryder Cup captain Paul McGinley has put back the announcement of his wild cards for next year’s contest at Gleneagles by 24 hours due to a clash with a FedEx Cup event in the United States.last_img read more

  • Pearson praise for Cambiasso

    first_img The intervening international break has allowed Cambiasso to approach full fitness and he is now in line to make his debut on Saturday for the visit to Stoke, although may again start as a substitute. Expressing his delight with what he has seen so far from Cambiasso, Pearson said: “He is doing very well. “He talked about his English not being proficient, but he’s a very good communicator. “That’s always a big plus when you have a player of his experience and quality. “He’s had nothing but a positive effect and that is testament to his own ability and character as a person. We’re very pleased.” Pearson, meanwhile, has dismissed suggestions of striker Chris Wood joining Wolves on loan. With the window open for lower-league clubs to make loan deals, New Zealand international Wood has been linked with a move to Molineux. But Pearson said: “I’m not aware of anything regarding Chris. “There have been suggestions of him moving elsewhere, but why would I loan a player out?” The former Argentina international joined the Foxes a fortnight ago on a one-year deal following his release earlier in the summer from Inter Milan where he had spent the previous 10 years. The 34-year-old then sat on the bench for his first game with City a couple days later as Pearson’s side held Arsenal to a 1-1 draw at the King Power Stadium. Leicester manager Nigel Pearson has praised the impact made so far by Esteban Cambiasso, even though he has yet to kick a ball in anger. center_img Press Associationlast_img read more

  • Indian Premier League IPL 2019 playoff scenarios: Virat Kohli’s Royal Challengers Bangalore still in with a chance

    first_img New Delhi: The IPL 2019 is reaching the business end of the tournament. There are only 10 days left for the tournament and fans are still not sure of their four teams for the playoffs. Chennai Super Kings are in pole position and they are all set to become the first team to seal their spot in the last four but they have to avoid a slip-up in their remaining games. With only six points separating the other four teams, the next league matches will be crucial for all the teams involved. Even bottom-ranked Rajasthan Royals are still in mathematically with a chance. Here is what each team must do in order to seal a spot in the playoffs.Chennai Super KingsPosition: 1P – 11, W – 8, L – 3, Points – 16Remaining games:  vs Mumbai Indians (April 26), vs Delhi Capitals (May 1), vs Kings XI Punjab (May 5)What they must do: A win in either of their two games will seal a top-two finish. However, if they lose their remaining games and Delhi Capitals, Mumbai Indians, Kolkata Knight Riders and either of Sunrisers Hyderabad and Kings XI Punjab win three out of their four games by big margins, MS Dhoni’s side can still get eliminated. For all the Latest Sports News News, Indian Premier League News, Download News Nation Android and iOS Mobile Apps. Delhi CapitalsPosition: 2P -11, W – 7, L – 4, Points – 14Remaining games: vs Royal Challengers Bangalore (April 28), vs Chennai Super Kings (May 1), vs Rajasthan Royals (May 4)What they must do: A win in two out of their next three games will seal their spot in the knockout stages while even one win could be enough but they will have to hope other results go their way. If Delhi Capitals lose their remaining games and Mumbai Indians, Kolkata Knight Riders, Kings XI Punjab and Sunrisers Hyderabad win their remaining games, then they can be eliminated.Mumbai IndiansPosition: 3P – 10, W- 6, L-4, Points: 12Remaining games: vs Chennai Super Kings (April 26), vs Kolkata Knight Riders (April 28), vs Sunrisers Hyderabad (May 2), vs Kolkata Knight Riders (May 5)What they must do: They must win three out of their four games. However, even two wins will be enough. The game against Chennai Super Kings will be crucial and if Rohit Sharma’s side wins that clash, they will be in pole position. Mumbai Indians can also eliminate Kolkata Knight Riders from the playoffs if they win one of their two encounters.Sunrisers HyderabadPosition: 4P -10, W – 5, L – 5, Points: 10Remaining games: vs Rajasthan Royals (April 27), vs Kings XI Punjab (April 29), vs Mumbai Indians (May 2), vs Royal Challengers Bangalore (May 4)What they must do: If Sunrisers Hyderabad wins against Rajasthan Royals, they eliminate Steve Smith’s side from the tournament. They must win three out of four encounters in order to stay in contention. If they lose more than one game, their chances of reaching the last four will take a big hit.Kings XI PunjabPosition: 5P – 11, W – 5, L – 6, Points: 10Remaining games: vs Sunrisers Hyderabad (April 29), vs Kolkata Knight Riders (May 3), vs Chennai Super Kings (May 5)What they must do:  Their next game against Sunrisers Hyderabad is vital. A loss will dent their prospects in a big way. They have to win all their three games. A loss in one game could mean that Kings XI Punjab will have to rely on other results, notably Delhi Capitals and Mumbai Indians losing more than two games each.Kolkata Knight RidersPosition: 6P – 10, W – 4, L – 6, Points: 8Remaining games: vs Rajasthan Royals (April 25), vs Mumbai Indians (April 29), vs Kings XI Punjab (May 3), vs Mumbai Indians (May 5)What they must do: Kolkata Knight Riders are the most vulnerable. A loss in one of the games means they will have to rely on other results going their way. They must hope Sunrisers Hyderabad and Kings XI Punjab losing all their remaining games. If Kolkata Knight Riders win their remaining games, then they will have a chance of sealing the playoffs.Royal Challengers BangalorePosition: 7P – 11, W – 4, L – 7, Points: 8Remaining games: vs Delhi Capitals (April 28), vs Rajasthan Royals (April 30), vs Sunrisers Hyderabad (May 4)What they must do: A loss in either game and they will be eliminated from the playoffs. If they win all their remaining games, they will have to hope Sunrisers Hyderabad, Kings XI Punjab and Kolkata Knight Riders lose their remaining games.Rajasthan RoyalsPosition: 8P – 10, W – 3, L – 7, Points: 6Remaining games: vs Kolkata Knight Riders (April 25), vs Sunrisers Hyderabad (April 27), vs Royal Challengers Bangalore (April 30), vs Delhi Capitals (May 4)What they must do: A loss in one game and they will be eliminated from the playoff race. However, they still have a chance of reaching the playoffs provided Royal Challengers Bangalore, Kings XI Punjab, Sunrisers Hyderabad and Delhi Capitals all lose their remaining games. Chennai Super Kings are just one win away from sealing top two spots.Royal Challengers Bangalore and Rajasthan Royals mathematically still have a chance.Mumbai Indians, Sunrisers Hyderabad, Kings XI Punjab and Delhi Capitals all are separated by four points. highlightslast_img read more