Friday, November 15, 2024
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RCEP deal boosts confidence of enterprises

BEIJING (Xinhua) – Soon after midnight on New Year’s Day, a freight train departed from south China’s Guangxi Zhuang Autonomous Region for Vietnam, a member country of the Regional Comprehensive Economic Partnership (RCEP).

The RCEP – the world’s largest free trade deal – came into force on Saturday.

The X9101 train carried electronics, daily necessities and chemical products worth more than USD10 million. It is expected to reach Hanoi in 28 hours after leaving Nanning, the regional capital of Guangxi.

 Also on early Saturday, 5.6 tonnes of imported reflective films from Japan arrived at a port in south China’s Shenzhen City, which will be used for the production of mobiles, digital cameras and other electronic products.

More details on Monday’s Borneo Bulletin

 

More evacuated as Malaysia floods continue

KUALA LUMPUR (CNA) – Continuous heavy rain has resulted in floods in several low-lying areas in seven Malaysian states, with more people being evacuated to relief centres (PPS) yesterday morning.

 Two districts in Sabah – Telupid and Sandakan – are the latest to be hit by the floods, after Kota Marudu, Paitan and Beluran.

The State Disaster Management Secretariat said in a statement that the number of flood evacuees districts has increased to 717 people from 212 families, up from 566 people on Saturday night.

More details on Monday’s Borneo Bulletin

Unidentified person enters North Korea from South in rare border breach

SEOUL (AFP) – An unidentified person entered North Korea from the South on New Year’s Day, the military in Seoul said yesterday, a rare breach of the heavily fortified border between the neighbours.

Years of repression and poverty in North Korea have led more than 30,000 people to flee to the South in the decades since the Korean War, but crossings in the other direction are extremely rare.

The person was detected by surveillance equipment in the Demilitarised Zone – which divides the Korean peninsula – at 9.20pm local time on Saturday, South Korea’s Joint Chiefs of Staff (JCS) said.  It sparked a search operation by the military, but to no avail.

More details on Monday’s Borneo Bulletin

Fire breaks out at South African Parliament

CAPE TOWN (AFP) – A major fire broke out at South Africa’s seat of Parliament in Cape Town early yesterday, sending a thick column of smoke into the sky and threatening the National Assembly building.

The fire was believed to have started in one of the older buildings in the Parliament precinct, leading to a security cordon nearby the cathedral where anti-apartheid icon Archbishop Desmond Tutu was buried just hours before.

“The roof has caught fire and the National Assembly building is also on fire,” a spokesman for the city’s emergency services told AFP, requesting reinforcements at the scene.

More details on Monday’s Borneo Bulletin

Three people missing in Colorado wildfire

SUPERIOR (AFP) – Three people are missing after a wildfire tore through several Colorado towns, quickly destroying nearly 1,000 homes as part of the latest in a string of United States (US) natural disasters.

“We’re very fortunate that we don’t have a list of 100 missing. But unfortunately we do have three confirmed missing people,” Boulder County Sheriff Joe Pelle told a press conference.

At least 991 homes are thought to have been destroyed as the blaze raced through the towns of Superior and Louisville on Thursday, just outside the state’s biggest city Denver, forcing tens of thousands of people to flee with little notice.

More details on Monday’s Borneo Bulletin

 

 

British family earns Guinness World Record for most albino siblings

UPI – A British family of six brothers and sisters with albinism was awarded a Guinness World Record in the category of most albino siblings.

Coventry, England, residents Naseem Akhtar, Ghulam Ali, Haider Ali, Muqadas Bibi, Musarat Begum and Mohammed Rafi received the title after Guinness World Records confirmed all six siblings were born with albinism, a genetic condition that causes a person to lack pigment in their skin, hair and irises.

More details on Monday’s Borneo Bulletin

 

 

TV’s Golden Girl Betty White dies at 99

LOS ANGELES (AP) – Betty White (AP pic below), whose saucy, up-for-anything charm made her a television mainstay for more than 60 years, whether as a man-crazy TV hostess on The Mary Tyler Moore Show or the loopy housemate on The Golden Girls, has died. She was 99.

White’s longtime agent and friend Jeff Witjas confirmed her death on Friday. She had no diagnosed illness, and it was unclear if she died on Thursday night or Friday, he said.

She would have turned 100 on January 17.

Her death brought tributes from celebrities and politicians alike.

“We loved Betty White,” First Lady Jill Biden said as she left a Delaware restaurant. “She was great at defying expectation,” Ryan Reynolds, who starred alongside her in the comedy The Proposal, tweeted. “She managed to grow very old and somehow, not old enough. We’ll miss you, Betty.”

White launched her TV career in daytime talk shows when the medium was still in its infancy and endured well into the age of cable and streaming. Her combination of sweetness and edginess gave life to a roster of quirky characters in shows from the sitcom Life With Elizabeth in the early 1950s to oddball Rose Nylund in The Golden Girls in the 80s to Boston Legal, which ran from 2004 to 2008.

But it was in 2010 that White’s stardom erupted as never before.

In a Snickers commercial that premiered during that year’s Super Bowl telecast, she impersonated an energy-sapped dude getting tackled during a backlot football game.

“Mike, you’re playing like Betty White out there,” jeered one of his chums. White, flat on the ground and covered in mud, fired back, “That’s not what your girlfriend said!”

The instantly-viral video helped spark a successful Facebook campaign to have her host Saturday Night Live. The much-watched episode won her a seventh Emmy.

A month later, cable’s TV Land premiered Hot In Cleveland, which starred Valerie Bertinelli, Jane Leeves and Wendie Malick as three past-their-prime show-biz veterans who move to Cleveland to escape the youth obsession of Hollywood.

They move into a home being looked after by an elderly Polish widow – a character, played by White, who was meant to appear only in the pilot episode.

But White stole the show, and became a key part of the series, an immediate hit. She was voted the Entertainer of the Year by members of The Associated Press.

“It’s ridiculous,” White said of the honour. “They haven’t caught on to me, and I hope they never do.”

By then, White had not only become the hippest star around, but also a role model for how to grow old joyously. “Don’t try to be young,” she told the AP. “Just open your mind. Stay interested in stuff. There are so many things I won’t live long enough to find out about, but I’m still curious about them.”

White remained youthful in part through her skill at playing bawdy or naughty while radiating niceness. The horror spoof Lake Placid and The Proposal were marked by her characters’ surprisingly salty language. And her character Catherine Piper killed a man with a skillet on Boston Legal.

Her role as Happy Homemaker Sue Anne Nivens in The Mary Tyler Moore Show, which was already a huge hit, was planned as a one-off appearance in 1973, but it would last until the show ended in 1977.

“While she’s icky-sweet on her cooking show, Sue is really a piranha type,” White once said. The role brought her two Emmys as supporting actress in a comedy series.

In 1985, White starred on NBC with Bea Arthur, Rue McClanahan and Estelle Getty in The Golden Girls. Its cast of mature actors, playing single women in Miami retirement, presented a gamble in a youth-conscious industry. But it proved a solid hit and lasted until 1992.

White played Rose, a gentle, dim widow who drove her roommates crazy with off-the-wall tales of childhood in fictional St Olaf, Minnesota.

The role won her yet another Emmy, and she reprised it in a short-lived spinoff The Golden Palace.

Omicron spoiling US holiday economic comeback

WASHINGTON (AFP) – Holiday events have been scrapped in droves, thousands of flights cancelled, cruises are now off limits: the Omicron variant has wreaked havoc in the United States (US), and the new year could see more issues exacerbating the worker shortage and price increases.

“We are starting to see some initial signs that Omicron is having an impact on the economy, mainly in the sectors where face to face interactions are most important,” in particular service sector businesses like bars and restaurants, Oren Klachkin of Oxford Economics told AFP in an interview.

The world’s largest economy had been poised to put Covid in the rearview mirror, but on the eve of the new year, the virus is once again playing the spoiler.

The highly contagious Omicron variant, which appeared a month ago, is causing the number of new cases to skyrocket to record levels during the holiday travel season.

After 5,013 cases were reported in US territorial waters between December 15 and 29, compared to just 162 in the prior two weeks, health authorities warned Americans to avoid cruise travel, even for the fully vaccinated.

The cruise industry called the decision by the US Centers for Disease Control and Prevention disappointing. The warning was “particularly perplexing considering that cases identified on cruise ships consistently make up a very slim minority of the total population onboard – far fewer than on land – and the majority of those cases are asymptomatic or mild in nature,” the Cruise Lines International Association said in a statement.

The Carnival Vista cruise ship sails during a Super Pink Full Moon in Miami Beach, Florida in April 2021. PHOTO: AFP

Economists say it is difficult to quantify the economic consequences of this new variant.

Moody’s analysts lowered their growth forecast for the first quarter because of Omicron, cutting it to around two per cent rather than the five per cent previously expected.

MAGNIFIED BY OMICRON

The fear of contagion that is causing events to be cancelled and the decline in restaurant reservations “are only part of the equation,” Grant Thornton economist Diane Swonk warned in a tweet, noting that employers face worsening manpower issues due to the rise in infections.

“This is not new, just magnified by Omicron,” she said. Rising case counts mean more workers in quarantine due to a positive Covid-19 test or contact with an infected person, and the resulting personnel shortage could paralyse a large part of the economy.

“We have already seen the beginning of what I – and clearly the CDC fears will be a surge in those out sick and unable to keep even vital services going,” Swonk said.

The most visible impact was the thousands of flights cancelled over the holiday as airlines struggled to get enough flight crews on planes.

In an effort to ease the strain of long quarantine requirements, US President Joe Biden’s administration on Monday cut the recommended isolation period in half to five days for infections without symptoms.

Even before the latest strain appeared, businesses nationwide had been struggling to fill open positions, amid a wave of retirements and growing reluctance to return to in-person work amid the pandemic.

‘MODEST’ INFLATION IMPACT

The unemployment rate in November dropped to 4.2 per cent, but participation in the workforce remains well below the pre-pandemic level.

The government will release the closely-watched December jobs report on January 7.

Oxford Economics expects hiring to continue and the economy to add 400,000 jobs a month in 2022, but “that doesn’t mean there won’t be shortages in some sectors”, economist Nancy Vanden Houten cautioned.

Some economists also fear inflation, which has soared to the highest rate in nearly four decades, will worsen if the variant further disrupts manufacturing and transport worldwide. “Inflation in many services and energy prices could abate, at least temporarily but there is the real risk that variants are now more inflationary than disinflationary,” Swonk said.

But Moody’s Chief Economist Mark Zandi said he expects the price impact of the new variant to be “modest”, unlike the Delta strain “which significantly fanned inflation”.

Supply bottlenecks have eased and “while more workers will get sick with Omicron than Delta, they should get back on the job more quickly.”

NYE’s fireworks kill men in Germany, Austria

BERLIN (AP) – Exploding fireworks killed two men on New Year’s Eve, one in Germany and the other in Austria, local media reported yesterday.

A 37-year-old man died in Hennef near Germany’s western city of Bonn. A 39-year-old was severely injured in the same incident and taken to the hospital.

In Austria, a 23-year-old man died southwest of Vienna and three other people were injured. Several other people were injured in other mishaps involving fireworks in the German cities of Leipzig and Hamburg, German news agency dpa reported.

The sale of fireworks for personal use was banned in Germany this year due to the coronavirus pandemic. Some Germans bought illegal fireworks or built their own, increasing the risk of accidents.

Spectators at the boulevard Unter den Linden watch fireworks as they celebrate the New Year near the Brandenburg Gate in Berlin, Germany. PHOTO: AP

Expectations run high as nation welcomes new year

Azlan Othman

As the country ushers in 2022, the desire to return to stability and prosperity burns brighter than ever after a gloomy end to 2021.

Businesses and the public are looking forward to the new year with hope and eagerly looking for change and betterment. The previous year was wrought with COVID-19 causing considerable damage in terms of lives lost and a dwindling economy.

In an interview with the Bulletin, Deputy Secretary General of the National Chamber of Commerce and Industry of Brunei Darussalam (NCCIBD) Haji Halim bin Saim said, “With the whole-of-nation approach and towards a dynamic economic vision, we trust that the turn of the year, we shall Insya Allah overcome COVID-19.

“The public and private sectors should work together to ensure the economic synergy runs smoothly and meets Brunei Vision 2035. Perhaps a micro small and medium sized entreprenuers (MSMEs) centre can be built with proper management and supervision.

“Shophouses are mushrooming in the country. We must reinvent leadership skills and team as well as restructure business strategies to the new normal,” he added.

Members of the public at a shop in Gadong. PHOTO: BAHYIAH BAKIR

Meanwhile, K Goh from SONAX Brunei said, “I am looking forward to a bright new year ahead. We need to leave the past behind and have a better tomorrow.”

Eco Nadi Agrobiz Agroprenuer Haji Ayub bin Haji Suhaili said he will focus on online
business.

“The usual brick and mortar shops are having it tough in today’s world. I need to produce more agricultural products with a good technique and receive a grant to develop my agricultural business,” he said.

Haji Ayub added, “Nowadays, it is costly to bring in goods from overseas due to the pandemic. For example, red chilies are expensive locally due to restrictions in Malaysian states like Sabah. The price is determined by the market.”

A proprietor in a textile business told the Bulletin that business is slowly picking up during the Endemic Phase with parents purchasing fabric for their children’s school uniform.

“The same applies for stationery shops as parents are preparing for the new school term,” he said.

Meanwhile, entrepreneur Rina hopes that 2022 will be a better year for the business environment. “It’s been a tough year, but we made it through. Let’s welcome a better new year where the country is safe and continues to strive to recover from COVID-19.”