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Laos Extends Covid Restriction Measures for Further 15 Days

Laos extends Covid restrictions another 15 days

The Government of Laos has extended Covid-19 restrictions and prevention measures for another 15 days as community spread continues, particularly in southern provinces.

Daehan Rehabilitation Hospital Putrajaya Offers Post Covid-19 Rehabilitation Like No Other

KUALA LUMPUR, MALAYSIA – Media OutReach – 16 September 2021 – “Twenty percent of patients recovering from COVID-19 will now require facility-based rehab”, according to a study released by the Journal of Rehabilitation of Medicine. With COVID-19 continuing to affect normal daily lives, those previously infected can experience symptoms of “Long COVID” referring to long-term symptoms of COVID-19 lingering for more than 12 weeks after initial infection. Patients may experience cognitive dysfunction as well as muscle loss. Alongside the oft-cited “Brain Fog”, fatigability and shortness of breath are a common complaint.

 

Specialized medical rehabilitation provides a solution. Currently, such services are being redirected towards patients experiencing Long COVID symptoms. Studies are now emerging that rehabilitative efforts successfully promote post-COVID-19 recovery. As Dr Fazah Akhtar Hanapiah, President of Daehan Rehabilitation Hospital, observes, “It is predicted and becoming evident that Long COVID will be of public health concern. If you do have Long COVID symptoms, regardless of the chronicity, rehabilitation may help.”

 

With experienced rehabilitation physicians and 24/7 medical cover, Daehan Rehabilitation Hospital Putrajaya (“Daehan”) is a unique, specialized hospital capable of addressing the complex multisystem impairment often observed in post-COVID-19 survivors. Activities that revolve around goal-oriented functional outcomes are being offered to improve both physical and mental well-being of post-COVID-19 survivors.

 

Daehan fields a complete, multidisciplinary team to address the complex characteristics of Long COVID. Combining the “Bio-psycho-social-physical-technological” approach with well-established South Korean rehabilitation practices, the South Korean trained therapists at Daehan are well equipped with the skills needed to ameliorate the detrimental effects of the viral infection.

 

With varying post-COVID-19 symptoms, it is not uncommon that patients coming out of acute care will not have left their beds in their many weeks of hospitalization. Simple activities of daily living such as eating, talking and breathing could become laborious. Daehan employs multiple modes of therapy to help them regain the lost strength, including:

 

–           Physical Therapy to conduct cardiopulmonary and musculoskeletal rehabilitation. The therapy may start at the bedside, with stretching, strengthening and breathing exercises. Gradually, the patients will be challenged towards higher intensity activities.

 

–           Occupational Therapy to reclaim activities of daily living (ADL). These activities encompass day-to-day motions used for dressing, grooming, using the washroom and basic motor functions. They also include neurostimulation activities and relaxation therapy to address cognitive symptoms such as “Brain Fog”, anxiety and depression. For those who were working, return-to-work will be incorporated in the rehabilitation program as well.

 

–           Speech & Language Therapy to assist swallowing, speech and vocalisation, often provided in conjunction with physical therapies. Re-learning how to control and strengthen breathing influences voice quality.

 

Some acute patients, discharged from prolonged ICU care, rely on tube feeding. Daehan’s Dysphagia (swallowing) program, via clinical evaluations and instrumental investigations, allows many of them to do without tube feeding altogether. “Being able to eat again and taste food is a crucial part of recovery and quality of life.” Dr Fazah notes.

 

To assist the patients’ holistic recovery, Daehan also offers dietary advice and nursing care as well as an environment conducive to healing, including a garden therapy area, resort-style family lounge and individualized concept rooms.

 

Long COVID can affect anyone after a COVID-19 infection. Even those displaying only mild symptoms can suffer from long-term side effects. According to a study from the Ministry of Health in Malaysia, approximately 15% of COVID-19 patients suffer from severe forms of infection (Category 4 and Category 5). Among those, 66% of them further suffer from Long COVID symptoms. Daehan acts as a solution to those seeking a holistic rehabilitation and comprehensive recovery from COVID-19 impairments.

ABOUT DAEHAN REHABILITATION HOSPITAL PUTRAJAYA

Opened in 2019, Daehan Rehabilitation Hospital Putrajaya is a stand-alone hospital located in Malaysia at the IOI City Resort and is an internationally accessible premier tertiary care hospital. Daehan offers comprehensive South Korean-style integrated rehabilitation services specializing in the management of complex rehabilitation.

https://www.daehanrehab.com/

#DaehanRehabilitationHospitalPutrajaya

ABOUT DR FAZAH AKHTAR HANAPIAH

Dr. Fazah is a Consultant Rehabilitation Physician. Her experience includes 14 years of service with the Ministry of Health Malaysia and 9 years with the Ministry of Education Malaysia. She holds an Associate Professor title with UiTM, where she founded and built the Rehabilitation Medicine Department at the Faculty of Medicine and held the Deputy Dean post. She is currently the Vice President of the Malaysian Association of Rehabilitation Physicians and President of Daehan Rehabilitation Hospital Putrajaya.

TechInsights’ New Mobile Application Putting Semiconductor Analysis in Your Pocket

Ottawa, ON – News Direct – 16 September 2021 – TechInsights announces their new mobile application, which provides easy access to their semiconductor and microelectronics reverse engineering content. TechInsights is dedicated to building the content platform for the semiconductor industry; the mobile application makes that content available to subscribers, fast.

“Right now, subscribers can use the iOS or Android version of the TechInsights Platform to read TechStream blogs, watch TechInsights videos, and receive notifications about the analysis they are most interested in,” said Scott Ashdown, VP of Product. “Our planned rollout of the TechInsights mobile app includes a steady stream of upcoming feature launches that will bring even more value to our subscribers.”

As of September 15, 2021, TechInsights subscribers can download the mobile app now from the Google Play app store, and from the Apple App Store.

About Us: TechInsights – Global Leader in Technical Intelligence and Intellectual Property

TechInsights maintains the world’s largest database of semiconductor and advanced technology analysis and are dedicated to building the content platform for the semiconductor industry. By revealing the innovation others cannot inside the broadest range of advanced technology products, we prove patent value and enable business leaders to make highly informed, fact-based IP and technology investment decisions. Headquartered in Ottawa Canada, with offices in the United States, Poland, and Japan. For more information on TechInsights, visit the website.

Contact Details

Kim Waterman

Senior Corporate Marketing Manager

+1 613-576-0145

kwaterman@techinsights.com

View source version on newsdirect.com: https://newsdirect.com/news/techinsights-new-mobile-application-putting-semiconductor-analysis-in-your-pocket-788394006

Chinese National Arrested for Drug Trafficking in Vientiane Capital

Chinese national arrested for drug trafficking

Police in Vientiane Capital arrested a Chinese national on drug trafficking charges last week.

Stagwell (STGW) Brings Together Assembly and ForwardPMX as Unified Global Brand

Operating under the Assembly name, the agency will deliver a market-leading global omnichannel media offering, with technology, data & consultancy capabilities built to grow brands’ businesses.

NEW YORK, US – News Direct – 15 September 2021 – Stagwell (NASDAQ: STGW) agencies Assembly and ForwardPMX today announced that they are uniting as one organization, operating under the name Assembly globally. The newly combined agency will be home to 1,500 employees in over 20 countries and 30 locations across the globe, working with world-class brands, including Nike, Adobe, Ralph Lauren, Con Edison and Red Robin. Assembly will be part of the Stagwell Media Network, which manages nearly $5 billion in media across 7 agencies and delivers client-centric solutions across media, data, technology, insights and creativity.


Assembly will be led by current ForwardPMX Global CEO, James Townsend, who is also the Global CEO of Stagwell Media Network. The agency’s management team will be a combination of Assembly and ForwardPMX leadership. In North America, ForwardPMX Managing Director Valerie Davis will be taking a lead role as North American President of the agency. Assembly executives Kim Sivillo and Kendra Mazey will also take on senior leadership roles within the US operation, with Shannon Pruitt and Jon Schaaf being elevated to new global roles across the Stagwell Media Network. Further management announcements will be shared in coming weeks.

“In bringing these teams together, we are answering a clear market, client and employee opportunity to challenge the status quo,” said Townsend. “Assembly’s omnichannel media capabilities and buying scale paired with ForwardPMX’s digitally-led talent and global footprint can deliver something that is truly market-leading and capable of driving change and growth for CMOs and marketing leaders worldwide.”

Townsend continued, “These are two growing businesses, with undeniable momentum, that belong together. Today, we’re taking a confident step forward to design and build an exciting future – one which ensures clients can access our strongest combined capabilities, while connecting our people to a wider, more diverse global community of experts.”

A respected industry leader, Assembly has an impressive track record of driving results through a uniquely integrated media approach, having been named to Ad Age’s coveted A-List as Media Agency of the Year in 2018 and landing Adweek’s Media Plan of the Year in 2019. ForwardPMX brings global scale in data, technology and digital media, which are complementary to Assembly’s strength in omnichannel media and competitive US scale. ForwardPMX will help the combined business exponentially expand global capabilities, with its current footprint in more than 20 countries and a reputation as the partner of choice for brands navigating the complexities of global growth.

The integration of Assembly and ForwardPMX is a key part of Stagwell’s effort to offer brands innovative partners that can help transform their businesses.

Stagwell Chairman and CEO, Mark Penn, commented, “This combination brings together state-of-the art offline media and performance marketing expertise. Assembly and ForwardPMX have been partnering successfully for the past two years, so we know they can succeed for clients and that their cultures mesh well. We thank all of our current clients for their trust and are excited to share our new offering with the market.”

About Stagwell:

Stagwell is the challenger holding company built to transform marketing. We deliver scaled creative performance for the world’s most ambitious brands, connecting culture-moving creativity with leading-edge technology to harmonize the art and science of marketing. Led by entrepreneurs, our 10,000+ specialists in 24+ countries are unified under a single purpose: to drive effectiveness and improve business results for their clients. Join us For more information go to: www.stagwellglobal.com.

#Stagwell

Woman Set On Fire During Adultery Dispute

Woman set alight during marital dispute
Ms. Dokchan taken into police custody (Photo: Lao Security News).

A woman was badly burned after becoming engulfed in flames following an argument with another woman in Pakngeum District, Vientiane Capital.

Residential transaction shows downward trend, property market begins to consolidate

Home price expected to rise by maximum 3% in 4Q conducive to stable outlook

  • Economic recovery in Hong Kong drove upsurge of residential property transactions by 15% y-o-y in 3Q 21. With purchasing power gradually unleashed, transaction volume has gone down since August and is expected to shrink in September. Property market will enter consolidation phase.
  • Despite a downward trend in transaction volume, home prices are expected to progress steadily in 4Q with room to rise by maximum 3%.
  • New project sales from property developers are expected to continue in 4Q, and primary sales will dominate the market

HONG KONG SAR – Media OutReach – 15 September 2021 – Global real estate services firm Cushman & Wakefield publishes Hong Kong Residential Markets Review and Forecast 3Q 2021 today. With the purchasing power of the market unleashed at a certain level and consumed in 1H 21, available affordable units reduced, and diminished bargaining space for owners, the transaction volume has displayed a downward trend.

Chart 1: Total S&Ps forecasted to hit 25,661 cases in 3Q
Chart 2: Residential S&Ps forecasted to hit 17,825 cases in 3Q
Chart 3: Overall home price increased by 4.3% since 2021
Chart 4: Price at City One Shatin (Phase 4) forecasted to rise by 2.1% q-o-q in 3Q
Chart 5: Price at Taikoo Shing (Kao Shan Terrace) forecasted to increase by 2.5% y-o-y in 3Q
Chart 6: Price at Residence Bel-Air (Phase 2) forecasted to rise by 4.9% in 3Q
Chart 7: About 8,900 new flats potentially available from September to December

Mr Keith Chan, Director, Head of Research, Hong Kong, Cushman and Wakefield comments, “Transaction in the market has been active since 2021. The total number of sales and purchase agreements (S&Ps) in the first 9 moths is estimated to be 77,369 cases, ie. an upsurge of 27% y-o-y (Chart 1), while the number of residential S&Ps is 57,956 cases, both reaching a histocical high since 2012. However, the number of residential S&Ps in 3Q 21 is forecasted to be 17,825 cases, representing a plunge of 19% q-o-q (Chart 2). This is mainly due to the fact that affordable units have been gradually consumed by the market. With limited availability of residential units, owners’ bargaining space has narrowed and they even began to raise prices. Buyers took a wait-and-see attitude, waiting for the market to cool down, leading a see-saw situation between the two. Transaction became slow, bringing the property market to consolidation phase.The downward trend is expected to continue with S&Ps falling to 4,700 cases in September (Chart 2).”

 

Mr Edgar Lai, Director, Valuation and Advisory, Hong Kong, Cushman & Wakefield comments, “In terms of property price, overall home price has risen by 4.3% since 2021 and is expected to surpass the peak of May 2019 soon. The average price at City One Shatin has already made its historical high (Chart 4), and that at Taikoo Shing has also risen by 2.5% q-o-q (Chart 5). Luxury homes such as Residence Bel-Air show similar performance as common residential homes with a 15% rise since 2021 (Chart 6), only less than 3% from its record high. We forecasted a full year increment of 8% to 10% in 1Q 21. We expect property price will rise steadily in 4Q with a further increment of maximum 3%.”

 

Commenting on the market outlook, Mr Edgar Lai further commented, “Following a round of active transactions, we expect that the purchasing power previously accumulated in the property market has been released. Buyers also become more cautious after prices have recorded certain increment so far. Moreover, banks are less active in getting business at year end as it is traditional an off-season period for mortgage. In this regard, we expect that both transaction volume and property price increment will continue to slow down in 4Q. Property prices have reached historical-high and the property market will enter a period of consolidation. We forecast that about 8,900 new units will be ready for primary sale from September to December (Chart 7), of which many come from large-scale developments. 76% of these are located in the New Territories and the rest across Hong Kong. If primary sales performance is good, the outcome will be conducive to the stable development of the market. We have forecasted residential price growth of 8% to 10% throughout 2021 by start of the year. With home prices expected to progress steadily in 4Q, we would estimate a maximum 3% growth by end of the year.”

 

Click HERE to download photos.

About Cushman & Wakefield

Cushman & Wakefield (NYSE: CWK) is a leading global real estate services firm that delivers exceptional value for real estate occupiers and owners. Cushman & Wakefield is among the largest real estate services firms with approximately 50,000 employees in over 400 offices and 60 countries. Across Greater China, 22 offices are servicing the local market. The company won four of the top awards in the Euromoney Survey 2017, 2018 and 2020 in the categories of Overall, Agency Letting/Sales, Valuation and Research in China. In 2020, the firm had revenue of $7.8 billion across core services of property, facilities and project management, leasing, capital markets, valuation and other services. To learn more, visit www.cushmanwakefield.com.hk or follow us on LinkedIn (https://www.linkedin.com/company/cushman-&-wakefield-greater-china).

#Cushman&Wakefield

Carousell Group Raises US$100 Million from STIC Investments to Accelerate Classifieds 4.0 in Greater Southeast Asia

Valued at US$1.1 billion, the regional leader of classifieds will continue to cement its frontrunner position across Goods, Autos and Property verticals, and accelerate its transactional push into recommerce

SINGAPORE – Media OutReach – 15 September 2021 – Carousell Group, the leading classifieds group in Greater Southeast Asia, today announced that it has secured an investment of US$100 million to accelerate its leadership in the region, and to reimagine the classifieds experience with a focus on convenience and trust, to make secondhand the first choice.

 

This round of funding, led by STIC Investments, a leading Korean private equity that invests across Asia, marks a significant milestone that will bring Carousell’s valuation to US$1.1 billion. The investment will power the group’s ambitions to redefine commerce for secondhand goods and automobiles in an increasingly digitally savvy, affluent and sustainability-conscious region.

 

“The pandemic has shown us that our mission to inspire the world to start selling and buying secondhand is more relevant than ever. People in the community are using our platforms to make more possible for each other—through shared passions, making ends meet, affording what they need, or simply because it is more sustainable. We believe that the accelerated adoption of digital experiences is an opportunity for us to double down on our recommerce efforts with a focus on convenience and trust, to unlock step-change growth in our community,” said Quek Siu Rui, Co-founder and CEO of Carousell. “STIC’s investment is a validation of our mission and strategic direction. We’ll deepen our investments in recommerce across more categories and markets, and will continue to seek opportunistic acquisitions in scaling up.”

 

“We have been monitoring Carousell as one of the leading platforms in Greater Southeast Asia, and are excited to partner up with a significant stake in its growth story,” said Jason Cho, Managing Director of STIC Investments.  “Carousell continues to achieve tremendous user growth as they transform the recommerce market, adding new features that are focused on creating trusted marketplaces and enhancing overall user experience.  We are highly confident that Carousell will be at the center of the secondhand economy in this region at a time when an increasing number of socio-economic and environmentally conscious consumers are shifting towards a circular economy”. As part of the funding round, Mr. Cho will join the Carousell Board of Directors.

 

Since its founding in 2012, the Group serves a community of tens of millions of users across eight markets in Greater Southeast Asia under the brands Carousell, Mudah.my, Cho Tot and OneKyat. Carousell’s pioneering mobile-first approach reignited the classifieds space, making selling and buying easier and proving to be an essential one-stop shop across all categories.

 

“We have grown way beyond categories like fashion, electronics and general goods,” said Siu Rui, “As the region becomes more affluent, people want to enjoy the finer things in life. We are looking at authentication capabilities for higher-value products, including luxury goods and cars. Our goal is to make transacting in a secondhand marketplace as convenient and trusted as any e-commerce platform so that secondhand can truly be the first choice.”

 

This year alone, Carousell has piloted a Certified Mobiles programme in Singapore, offering a 12-month warranty for used mobile phones to offer users a like-new experience at secondhand prices, and launched integrated shipping with PosLaju (the Malaysia national postal service) to provide contactless transaction options for sellers and buyers during the Movement Control Order. Carousell Auto Group, which was formed earlier this year to leverage its regional leadership position in car classifieds, has in a short period rolled out a Certified Autos programme in Malaysia that achieved the largest inventory of certified cars in the country, with other key markets to follow.

 

“We are grateful and privileged to have investors, teammates and users who believe in our mission and our journey in building a meaningful and enduring company,” Siu Rui added.

About Carousell Group

Carousell is the leading classifieds group in Greater Southeast Asia on a mission to inspire the world to start selling, and to make secondhand the first choice. Founded in August 2012 in Singapore, the group has a leading presence in eight markets under the brands Carousell, Mudah.my, Cho Tot and OneKyat, serving tens of millions of monthly active users. Carousell is backed by leading investors including Telenor Group, Rakuten Ventures, Naver, STIC Investments and Sequoia Capital India. Visit here for more information.

About STIC Investments

STIC Investments, Inc. is one of the largest and most experienced private equity firms in Korea. STIC seeks to create growth and prosperity in economies across Asia through investing in companies that engage in promising businesses. Starting its operations as a venture capital firm in 1999, STIC is now renowned as a leading private equity firm in Korea with a proven 22-year track record and abundant investment experience in multiple business cycles. STIC has circa US$5 billion AUM, 40 investment professionals and invested in more than 80 companies. Its global investor base includes sovereign wealth funds, public pension funds, insurance companies, financial institutions, family offices, endowments, foundations, and fund of funds from Korea, Southeast Asia, Middle East, and Europe. Visit here for more information.

#CarousellGroup