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    UEFA opens disciplinary case against PSG chief Al-Khelaifi

    NYON, SWITZERLAND (AP) – UEFA opened disciplinary proceedings against Paris Saint-Germain President Nasser Al-Khelaifi on Thursday over heated incidents after the team’s Champions League loss at Real Madrid.

    The Qatari is also a member of UEFA’s executive committee, chairman of the influential European Club Association and head of Doha-based broadcaster beIN Media Group – a key Champions League TV rights holder.

    The disciplinary case, which also includes sporting director Leonardo, followed reports that Al-Khelaifi went in search of the match officials to protest refereeing decisions on Wednesday night.

    PSG was beaten 3-1 in Madrid to exit the round of 16 with a 3-2 aggregate loss. The French side had led 1-0 from the first leg and Kylian Mbappe scored again in Madrid to give PSG a 2-0 aggregate lead that was wiped out by Karim Benzema scoring a hat trick.

    UN holds biodiversity talks on deal to stave off mass extinction

    PARIS (AFP) – Global efforts to cut plastic and agricultural pollution, protect a third of wild spaces, and ultimately live “in harmony with nature” will dominate UN biodiversity negotiations starting Monday, held in person after a two-year pandemic delay.

    Almost 200 countries are due to adopt a global framework this year to safeguard nature by mid-century from the destruction wrought by humanity, with a key milestone of 30 per cent protected by 2030.

    The aim is also to safeguard the “services” nature supplies: the air we breathe, the water we drink, the soil that yields the food we eat.

    The meeting in Geneva will set the stage for a crucial UN biodiversity summit, initially due to be held in China in 2020 and postponed several times. It is now expected to take place at the end of August.

    Geneva is a chance to strengthen a draft global biodiversity agreement “that many observers feel currently lacks the teeth needed to meaningfully address interconnected biodiversity and climate crises that cannot be solved in isolation”, according to the Nature Conservancy.

    Campaigners have for years called for a deal on halting biodiversity loss similar to what the Paris Agreement outlined for the climate.

    Previous efforts to halt this devastation have fallen short, with countries failing, for example, to meet almost all the biodiversity targets set in 2010.

    But despite often being overshadowed by the efforts to combat climate change, the plight of the natural world is no less catastrophic.

    Intensive agriculture is depleting the soil and fouled waterways, oceans are overfished, plastics and other pollutants are invading ecosystems and threatening our health.

    A matter of sentiment

    Danial Norjidi

    A new study has provided insights into the ongoing sentiment of ASEAN indigenous enterprises towards the implementation of the ASEAN Economic Community (AEC) Blueprint 2025.

    The ASEAN Business Sentiment Study 2020/2021 was conducted by the ASEAN Secretariat with the support of the ASEAN-Australia Development Cooperation Programme Phase II and Ipsos Strategy 3.

    According to a press statement, the study involved 1,250 indigenous enterprises operating in financial, distribution and tourism sectors across all ASEAN member states. It delved deeper into the sentiment on trade in services liberalisation, focussing on these three key sectors.

    The study shared four key messages, the first of which is that indigenous enterprises in general have a positive outlook on the AEC. “They acknowledged the positive impact created through various AEC trade liberalisation initiatives which supported their business growth and performance.”

    According to the study, indigenous enterprises have a fair level of awareness on AEC and its objective. “They are appreciative of the AEC integration agenda. They acknowledged realising the benefits of specific interventions via AEC for the expansion of their businesses, which include tariff elimination, simplification of customs procedures, and harmonisation (standards and regulation) across ASEAN member states.”

    “The indigenous enterprises believe that AEC policies has played a catalytic role in supporting their business growth in ASEAN. Free trade agreements (FTAs) and other agreements implemented via AEC have paved the way for regional business expansion. They aspire to get better insights on the specifics of the agreements which will allow them to understand better the operational implications to support the implementation in a meaningful way.”

    A second message in the study is that the majority of indigenous enterprises are pleased with the current integration level and opined that they look forward for further enhancement and expansion of the integration initiatives. It said that additional measures to minimise or eliminate barriers in total that affects the trade-in-services liberalisation are in their wish list.

    “The various AEC initiatives have supported the expansion of the indigenous enterprises. However, there is still room for improvement to address some of the indigenous enterprise’s pain point especially those involved in services sector. There is low participation of indigenous enterprises in trade-in-services.

    “The following business operational aspects such as taxation, fiscal and non-fiscal incentives, customs regulation and procedures, and harmonisation of regulation are seen as areas where further improvement is desired to support their integration journey. Trade dispute settlement is another aspect that needs attention in the current economic integration setting by the relevant authorities.”

    “Varying level of taxes and tariffs barrier across ASEAN, coupled with differences within individual country regulations pose a challenge to the development of regional strategies.”

    Key message number three is that indigenous enterprises desire to have better access to the comprehensive information repository of AEC policies and programmes. “They are poised to support and increase their regional investment participation if they have better comprehension of the prospects and opportunities to be derived through AEC.”

    The study notes that indigenous enterprises are no strangers to cross-border trade, but that the degree of involvement varies. “They indicated good awareness on AEC’s broad agenda and intent, but lack knowledge on the specifics of the programmes, activities, and benefits that they can gain if they embark on the integration journey. There is still a level a scepticism shown by the indigenous enterprises on the impact and value to be gained through the liberalisation effort and regional market expansion.”

    “Access to the knowledge repository and convoluted information made available are some of the common issues raised. This led to lack of interest to pursue the integration journey by some of the indigenous enterprises in general. Indigenous enterprises from Singapore, Thailand and Vietnam however have recorded better level of awareness,” the study said.

    “There is a need to strengthen the communication channels and level of engagements at the respective AMS to improve the information dissemination amongst the industry players and stakeholders. Right information and proper engagement is crucial to get the buy-in from the enterprises and this will lead to higher level of participation and improve the outcome of AEC integration.”

    The fourth and final key message in the study is that indigenous enterprises in the services sector wish to see more improvements in the standardisation of regulations and procedures.

    It adds that enterprises from developed ASEAN member states have better advantage compared to the less developed ASEAN member states.

    “Participation of indigenous enterprises from more developed ASEAN member states are gaining traction and benefitting from trade in services through expansion into Singapore, Malaysia, Indonesia, and Thailand. The rest of the ASEAN member states remain less attractive to ASEAN indigenous enterprise”.

    The study said that the “majority of indigenous enterprises, especially from medium and smaller enterprises, are in the view that the present regulation frameworks and procedures are still too complex and challenging for them to expand into another ASEAN market”.

    It was also shared that ASEAN indigenous enterprises in the services sector responded positively to the objectives achieved by ASEAN integration efforts. The majority are partially or fully agreeing that ASEAN integration has: driven standardisation and better access to business-related; regulations; reduced restrictions to trade and investment in services sectors; and provide better accessibility to different ASEAN countries for companies in the services sector.

    “Country specific implementation of AEC framework is seen as an area where improvements are required. Holistic approach is needed to cater for areas that are deemed to pose as a barrier to drive a successful integrated implementation.”

    The study also provides some key recommendations, where it shares what it describes as a key action plan that is needed to be taken to further liberalise the trade-in-services in general across ASEAN, based on the overall input and insight acquired throughout different activities.

    One recommendation is to improve direct engagement of ASEAN and AEC programmes with indigenous enterprises.

    A second is to develop a comprehensive single portal for ASEAN businesses environment information that is search optimised and able to provide: fast and seamless access to AEC and other ASEAN programmes/framework; integration with other ASEAN member states’ regulation; dedicated point of contact at ASEAN Secretariat and ASEAN member state level for further consultation; and clear and precise articulation of business opportunity for the indigenous businesses in other ASEAN member states.

    Another recommendation is for standardisation and harmonisation on: financial sector regulations; certification for tourism business and seamless human resources mobility across ASEAN member states; labour/workforce regulations; and tariffs and customs procedure that postulates more benefit for intra-ASEAN trades and services instead of other regional or country level partnership.

    Fourth is to develop a common law and dispute settlement framework for cross-border intra-ASEAN interaction, while fifth is for the introduction of ASEAN wide accepted immigration procedure on cross border people mobility related to jobs across ASEAN member states.

    In addition, the study shares the following recommendations based upon the sector inputs: development of a comprehensive digital blueprint and infrastructure as an impetus for the integration in financial services sector; development of a single ASEAN tourism branding which integrates the various ASEAN member states tour destinations and offerings; and the introduction of an ASEAN wide recognised and accepted standard COVID-19 vaccination certificate that will ease the opening of cross border travel.

    Parents need to monitor kids’ health

    I would like to applaud the authorities for moving the students back to online learning. With a population of 445,000, the daily new cases in the past few weeks have been alarmingly high, thus staying at home and observing the standard operating procedures should be the priority.

    This is especially true for children below 12, who are not yet vaccinated. With no protection against COVID-19, I believe that until we have a better handle on the outbreak, we need to restrict the movement to minimise their exposure of the virus.

    I call on parents to monitor their children’s health condition and ask for medical attention should they show symptoms of COVID-19.

    Anxious Parent

    Versace’s corseted woman

    AP/AFP – The corset gave shape to Donatella Versace’s latest collection, which offered looks for women of a broad range of sizes.

    The bustier appeared on its own under suits, in satiny pastels, or incorporated into slinky slip dresses, as a sort of breastplate on clinging tops and even as a detail on a long leather—- jacket.

    The silhouette ran from loose trousers, with businesslike pinstripes or checks contrasting with bra tops under open suit jackets; or elastic pull-on Morticia-style skirts in bubblegum pink or acid green. Tweed was frayed, appearing as dress bound by a corset, or as jacket and mini-skirt sets.

    Versace said the looks were built on “contrast and tension – like an elastic band pulled tight and about to snap back with a build-up of energy”.

    Chinese companies threatened with delisting

    NEW YORK (AFP) – Five Chinese companies have been ordered to comply with audit requirements by the United States (US) Securities and Exchange Commission (SEC) or face delisting from Wall Street.

    The initial group of companies named on a list published by the SEC on Thursday, could soon be followed by all Chinese companies listed in New York, none of which are currently complying with US regulations in this area. In total, some 248 companies are affected, with a market capitalisation of about USD2.1 trillion, according to an ad hoc committee.

    The US Congress in 2020 passed a law specifically targetting Chinese companies under which the Public Company Accounting Oversight Board (PCAOB) must be able to inspect audits of foreign firms listed on US markets. Failure to comply could result in delisting as of 2024.

    The five companies named on Thursday were the biotech companies BeiGene, Zai Lab and Hutchmed, as well as subcontractor ACM Research and the restaurant group Yum China. Yum China, which controls KFC, Taco Bell and Pizza Hut and other eateries in China, surpasses the other companies by far in revenue and capitalisation.

    Price hike to be expected amid COVID-19 crisis

    Fadley Faisal

    Prices in automobile sales in the Sultanate are expected to rise amid the COVID-19 crisis that has affected the global supply chain and demand, Managing Director of Pad Motors Sdn Bhd Haji Hambali bin Pehin Orang Kaya Shahbandar Dato Seri Paduka Haji Mohd Salleh told the Bulletin, confirming that Proton Brunei automobile prices are also not spared from the outlook.

    “We are fortunate to be able to sell existing units at the current prices. But not for long,” he said, adding that the units will be sold at current prices from late March until early April.

    The managing director said to keep the current prices is not sustainable, as the crisis has affected businesses yet again.

    “Manpower and logistical issues have greatly contributed to the upcoming price hikes,” said Haji Hambali, with supply chain and demand cycle also worsened by the global shortage of semi-conductor chips, which may have been caused by a backlog of issues at the start of the pandemic, causing many businesses to experience constraints in workforce and ultimately production capacity.

    “It is our responsibility to inform the public in advance, while holding on as long as possible to the current prices,” he said.

    “The price hikes are expected to begin by the end of the first quarter of the year.”

    Crufts dog show returns after COVID break and Brexit

    BIRMINGHAM, UNITED KINGDOM (AFP) – Tens of thousands of dogs and their owners participated in the world’s biggest dog show on Thursday, as Crufts makes a comeback after a two-year absence.

    The last edition was in March 2020, just before Britain locked down as coronavirus swept the globe and before the country geared up to leave the European Union after Brexit.

    More than 20,000 dogs are due to attend the four-day event competing on looks, obedience and agility at the National Exhibition Centre near Birmingham, in central England.

    But Russian dog owners and their animals have been banned from attending after organisers at The Kennel Club condemned Moscow’s invasion of Ukraine.

    “In light of rapidly evolving circumstances, it is with a heavy heart we have taken the decision not to allow exhibitors from Russia to compete at Crufts 2022,” it said.

    The decision affects about 30 Russian owners and breeders and 51 dogs that had been due to participate in the show, which was first held in 1891.

    “Our friends in Ukraine, and their dogs, are fearing for their lives and we will do all that we can to support them wherever possible,” The Kennel Club added. It is donating GBP50,000 to help partner organisations in Ukraine, Poland and Hungary help breeders, owners and their dogs affected by the conflict.

    Some 150,000 people attended Crufts in 2020, but this year’s organisers are expecting smaller crowds.

    “Following an uncertain few years, we were anticipating lower entry numbers owing to both changes to pet travel in the aftermath of Brexit, as well as the impact of the pandemic, with many people being unable to travel, particularly those from overseas, or being unable to commit to travel at this time,” the Kennel Club told AFP.

    Some 16,000 dogs from 38 countries are in the running to bag seven spots for the prestigious “Best in Show” finale, which will be decided tomorrow evening.

    Of those, just over 1,800 are from overseas – well down on the more than 3,000 foreign entrants in various competitions in the show two years ago.

    Since the UK’s full departure from the EU in January last year, European visitors – and their pets – are subject to more stringent entry requirements.

    The winner of the 2020 Best in Show was Maisie, a wire-haired dachshund.

    More than 20,000 dogs are expected at the four-day show, but organisers have banned those from Russia and their owners because of the invasion of Ukraine. PHOTO: AFP

    Heading home

    Some 141 Indian nationals including two infants went home on board the 19th chartered flight from Brunei to Coimbatore, Tamil Nadu yesterday.

    The Royal Brunei Airlines flight was organised by the Indian High Commission in Brunei Darussalam.

    To date, 2,647 Indian nationals have been repatriated by the high commission.

    PHOTO: INDIAN HIGH COMMISSION

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