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Indonesia, Singapore key markets for venture capital fundraising: Report

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first_img“This is simply because most of the capital committed by investors to VCs in the first quarter was actually solicited before the region began to tighten social-distancing measures in April,” he said.BRI Ventures was recorded as the top fund-raiser firm in Indonesia with $136 million, followed by OCBC Ventura NISP and Indogen Capital at $15 million and $10 million, respectively. Meanwhile, Singapore-based B Capital raised $600 million, Vickers Venture Partners raised $200 million and Credence Partners at $50 million.Southeast Asia-focused VCs were armed with committed capital of around $5.8 billion, based on venture funds that reached a final close in the last four quarters, according to the report, titled “Southeast Asia’s VC Fund: Q1 2020 Review”.Beyond fund closings, 53 VC firms were in the market to raise $8.4 billion for Southeast Asia-focused funds, of which around 30 percent has been secured. Indonesia and Singapore currently dominate the venture capital (VC) fundraising in Southeast Asia, despite a slower pace of capital raising in the first quarter this year.Indonesia raised US$161 million in the first quarter while Singapore leads with $865 million over the same period, according to a recent report by Deal Street Asia. No closes were recorded by VC funds in Cambodia, Malaysia, Thailand or Vietnam.Deal Street Asia ASEAN market research head Andi Haswidi in a statement on Tuesday said that the first-quarter fundraising performance did not reflect the true impact of the COVID-19 pandemic. The SEA-focused VC funds accumulated $1.3 billion in additional dry powder in the first three months this year, ending a year-long streak of quarter-on-quarter growth.Data from the report also show that capital committed for interim and final fund closes fell 47 percent during the period from Q4 of 2019. However, this figure was still more than triple the value recorded in the same period last year.Andi went on to say that the outlook for VC raising in the region is expected to deteriorate in the coming months as the full impact of the COVID-19 pandemic started to affect the fundraising process.“We believe fundraising is going to be more challenging in the second quarter onward as investors’ risk appetites shrink,” he said. “Fund managers are also careful about deploying their dry powder, which could weigh on tech startup valuations despite investors’ loaded war chests.”Topics :last_img read more

Governor Wolf Announces Funding for The York Plan 2.0 Project to Revitalize Manufacturing Sector

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first_imgGovernor Wolf Announces Funding for The York Plan 2.0 Project to Revitalize Manufacturing Sector SHARE Email Facebook Twitter Economy,  Infrastructure,  Innovation,  Jobs That Pay,  Press Release Harrisburg, PA – Today, Governor Tom Wolf announced the approval of $6 million to support a community revitalization and economic development project in York County known as The York Plan 2.0 Innovation District in the northwest corner of the city, part of a larger project to revitalize this area into a manufacturing, technology, history, arts and education district.“Today we are honoring York’s past by preparing for York’s future and I am pleased to announce that this project will receive the funding to help revitalize not only York City, but York County, to connect again around our historic manufacturing heritage,” Governor Wolf said.Supported through the Redevelopment Assistance Capital Program (RACP) program, funding will be used to renovate structures that will house American-made robotic device development and assembly, prototype design workshops, and office and lab space.The governor was joined by York Mayor Michael Helfrich, and John McElligott, CEO, The Fortress Initiative, and of York Exponential, the group spearheading the York Plan 2.0, for the announcement.“I have worked hard to ensure that when state government is investing in our local communities, we are directing our resources towards projects that improve the lives of our citizens, our students, and our seniors,” Gov. Wolf said. “And I have worked to make sure that we are using our resources to bring the greatest bang for the buck for our private businesses, who in turn provide jobs and opportunities for our citizens.“When completed, this project will help boost York into the new tech economy, while also ensuring that we are leading the way as we enter the fourth industrial revolution.”center_img June 04, 2018last_img read more

This mansion’s clever pool keeps you in the shade all day

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first_img14 Seafarer Court, Paradise Waters.CELIA Braun just loves her newly renovated walk-in wardrobe.“It is one of the most fabulous places to be,” she said.With high-ceilings and home to 200 pairs of Mrs Braun’s shoes, the only thing the extravagant room is missing is a chandelier.14 Seafarer Court, Paradise Waters.Mrs Braun and her husband Douglas bought their waterfront home two days before Christmas in 2011.“It was a Christmas present for our family but we had no furniture on Christmas Day,” she said.“We wanted a house to fit the whole family, something that could be a party house when all the kids came home.”More from news02:37Purchasers snap up every residence in the $40 million Siarn Palm Beach North6 hours ago02:37International architect Desmond Brooks selling luxury beach villa1 day ago14 Seafarer Court, Paradise Waters.With five ensuited bedrooms which all have private balconies, Mrs Braun said the home was designed to evoke a modern coastal style with a hint of Hamptons.Styled by Burleigh interiors The Boho Bungalow, the white palette is brought to life with leafy botanicals, timber finishes and marble features.14 Seafarer Court, Paradise Waters.“We wanted to enhance the timber and white canvas with gold,” she said.The couple said they filled in the wall cut outs with granite, marble and glass.“The cut outs in the hallway face opposite each other and we wanted to do something unique with them,” she said.14 Seafarer Court, Surfers Paradise.“We sponge painted the hallway walls with gold coloured paint to tie it all in.”Mrs Braun said the family are most proud of their addition to the pool.14 Seafarer Court, Surfers Paradise.“We added an electronic pool shade that goes across like a roof, you can be in the pool all day and you won’t get sunburnt.”last_img read more

Critical measures needed to fight drug abuse & misinformation about cannabis (Singapore)

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first_imgThe Straits Times 6 November 2019Family First Comment: “Mr Bob McCoskrie, one of the speakers at the conference, said cannabis-infused candies, nasal sprays, mineral water and vape liquids are prevalent, as well as petrol stations called “gas and grass” that sell marijuana. He is the director of Family First New Zealand, which is campaigning towards a 2020 referendum to prevent the legalisation of cannabis in New Zealand.”The fight against drug abuse and the need to counter the proliferation of misinformation surrounding cannabis are critical measures that must be taken today, said Mrs Josephine Teo, Minister for Manpower and Second Minister for Home Affairs.Mrs Teo, who was speaking at the Asia-Pacific Forum Against Drugs on Thursday morning (Nov 7), said that behind the misinformation and overseas campaign for the legalisation of cannabis are big corporations with the spending power to push for their agenda.“If they succeed, the drug situation could become even more grim,” she said at the conference co-organised by World Federation Against Drugs and the National Council Against Drug Abuse (NCADA).According to the 2019 World Drug Report, one in every 18 people in the world had used drugs at least once in the previous year, which is a more than 30 per cent increase, compared to a decade ago.She said: “Already, almost 12 million, or more than a third of young Americans, reported cannabis abuse in 2018. This is the highest level of cannabis use since 2002. With legalisation, these numbers will rise.”A concern among law enforcement, non-governmental organisations (NGOs) and anti-drug lobbyists is impressionable youths.Mr Bob McCoskrie, one of the speakers at the conference, said cannabis-infused candies, nasal sprays, mineral water and vape liquids are prevalent, as well as petrol stations called “gas and grass” that sell marijuana.He is the director of Family First New Zealand, which is campaigning towards a 2020 referendum to prevent the legalisation of cannabis in New Zealand.He said big corporations know that if they get young people addicted to cannabis, “you’ll get clients for life”.The danger of today’s commercial cannabis is its purity.“We’re not talking about Woodstock weed,” said Mr McCoskrie, who pointed out that THC or tetrahydrocannabinol levels in cannabis found today are more potent than previously.READ MORE: https://www.straitstimes.com/singapore/critical-measures-needed-to-fight-drug-abuse-and-misinformation-about-cannabislast_img read more

Mixed reaction to King’s rector’s drug post

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first_imgOtago Daily Times 22 August 2020Family First Comment: Yes! Well said Nick McIvor.From someone who cares for our children…“King’s High School rector Nick McIvor has spoken out over his worries about what could happen in education if non-medical cannnabis is legalised.“We could be drifting towards something to the detriment of our young people; something that will be deeply regretted in future,””King’s High School rector Nick McIvor has spoken out over his worries about what could happen in education if non-medical cannnabis is legalised.“We could be drifting towards something to the detriment of our young people; something that will be deeply regretted in future,” Mr McIvor, said in a message on the school’s official Facebook page.Mr McIvor acknowledged a range of views for and against legalisation in the lead-up to the referendum, but said he was “struggling to see how legalisation would improve the lives of young people in New Zealand”.” I fear that it would make them worse,” he said in his Friday evening message.Several of more than 130 people who responded to his comments supported his views, and one person said it had taken “a lot of courage” to speak out, and this was appropriate from a school principal.However, many people took issue with his comments and several strongly questioned the appropriateness of using the school’s official Facebook site to give a personal view.READ MORE: https://www.odt.co.nz/news/dunedin/mixed-reaction-kings-rectors-drug-postKeep up with family issues in NZ. Receive our weekly emails direct to your Inbox.last_img read more

The bridegroom is coming!

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first_img Sharing is caring! Share Tweet FaithLifestyleLocalNews The bridegroom is coming! by: – November 7, 2011 Sharecenter_img 34 Views   no discussions Image via:stickfiguresclipart.comMarriage customs vary all over the world, and different cultures have their own traditions. I grew up some familiarity with Hindu weddings. A Hindu wedding went on for days. It was very popular with us as boys. Most often, you didn’t need an invitation; and there was always plenty of food. On the actual day of the wedding, the bridegroom came, resplendently gowned and crowned, to the bride’s house –the venue for the wedding was always the bride’s house — and the festivities began in earnest when he arrived.A similar sort of custom lies behind today’s parable. The bridegroom appeared at the bride’s home at a time of his own choosing, a feature of surprise that was part of the ritual. One can imagine the level of expectancy in a village generated by the fact of not knowing. He could come at any moment. When he finally left his house, an attendant or messenger would run ahead – there were no cars; all processed on foot – shouting ‘the bridegroom is coming!’ That galvanized action in a hurry all along the way to the bride’s house.Listeners to Matthew’s gospel would have immediately seen the import of the failure of the bridesmaids to welcome to groom when he appeared. The reference was of course to the Jews who had long been expecting the Messiah, and did not welcome him when he came. He came unto his own, as St. John would later write, and his own received him not.The early Christians would have heard something slightly different. They would have seen it in terms of being prepared or unprepared for the Lord’s second coming. In the early days of the Church, in a way we can no longer grasp, the second coming was felt to be something imminent. The Lord could come at any time, no one knew when. You needed to be vigilant and awake, because he could appear suddenly, like a thief in the night. You had to be on your guard and not be caught napping like the foolish bridesmaids.It’s impossible for us to identify with any sense of immediacy about the second coming, which is one of the main themes of Advent. Christ has died, Christ is risen, Christ will come again – we also say every day in the Eucharist, but this is more a declaration of faith than an actual posture of anticipation.The coming of Christ is more immediately meaningful in an existential sense, i.e. he may come for me, I known not when. I must be prepared for that day, which may be any day.It’s a salutary practice to think of one’s death from time to time, and not only when one goes to funerals. The thought of death, Samuel Johnson, once wrote, wonderfully concentrates the mind. By that he meant it makes for a special sense of attentiveness and focus. One looks critically at oneself and asks what needs to be done to become something other than the half-finished persons we all are. In this sense, the thought of Christ’s coming still remains a wake-up call. It means we must be wakeful and alert, and trim our lamps while we still have still time.By: Father Henry Charles PhD Sharelast_img read more

Coleman covets finals appearance

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first_img Press Association Coleman said: “It’s been a long build-up – I think the manager has said the same thing since he came in. It’s his first competitive game now, but we are all looking forward to it and we are well prepared. “It’s going to be a difficult game. We have seen a couple of clips and a couple of teams who went there, France and Spain haven’t found it too easy, so it’s going to be difficult. “We will be set up well. As I said, we are all looking forward to it and hopefully we can come out of there with three points.” Given the recent history between the two nations, the reception at the Boris Paichadze Dinamo Arena is likely to be hostile, although Coleman insists that will not affect him or his team-mates. He said: “On a personal level, I am not scared to go out there – I am looking forward to it. “We know it is going to be difficult, but we have got a lot of good players, a lot of experienced players in our squad and it’s time for us to kick on now.” Coleman is in line to collect his 24th senior cap in Georgia at a time when his stock is rising all the time having prospered under club boss Roberto Martinez. However, as he has done throughout his career to date, he is keeping his feet firmly on the ground. He said: “I did quite well last season – I’d like to think it was my breakthrough season even though I had had a couple of seasons before that. “But I did quite well last year and have kicked it off this year again. Hopefully I can have a good strong season.” The 25-year-old Everton full-back is likely to start the Republic of Ireland’s opening qualifier in Georgia on Sunday, new manager Martin O’Neill’s first competitive game after 10 months at the helm. Coleman has established himself as a regular in the team in the wake of a sobering Euro 2012 finals campaign which prompted then boss Giovanni Trapattoni to turn to youth, at least in part, in the search for a way forward. The former Sligo Rovers defender did not travel to Poland and Ukraine after being named only on standby when Trapattoni selected his 23-man squad, and that, coupled with a summer sitting at home watching the World Cup on television, has made him hungrier than ever to earn his chance. Coleman said: “I was watching the games and I really enjoyed it, but you just want to be part of it. “Obviously I didn’t play in the last European Championship, so I am definitely hungry to be part of that. That’s what you want as an international player, to be on the biggest stage.” Coleman and midfielder James McCarthy in particular are at the vanguard of a new generation of players looking to plug the sizeable gaps left by the retirements of the likes of Richard Dunne and Damien Duff in recent years, although Shay Given’s return to the international scene at 38 has provided an intriguing sub-plot to this week’s preparations in Malahide. Ireland warmed up for their potentially testing trip to Tbilisi with a low-key 2-0 victory over a limited Oman side at the Aviva Stadium on Wednesday evening in which O’Neill rested most of his big guns, Coleman included. But the stakes will be very much higher on Sunday evening when the Republic attempt to launch their bid for qualification with victory over the Georgians just as they did six years ago, although in controversial circumstances. That game, also Trapattoni’s first competitive encounter, was played in Mainz, Germany rather than Tbilisi after the Football Association of Ireland expressed its misgivings over the prevailing political situation in Georgia at the time, a stance which still rankles with the former Soviet state. Goals from Kevin Doyle and Glenn Whelan secured a 2-1 victory – indeed, the Irish have won all five of their encounters with Georgia to date, and an extension of that record would be most welcome this time around. Seamus Coleman will embark upon the quest for a trip to the Euro 2016 finals desperate to make up for missing out on his country’s last big adventure. last_img read more

Other Sports Swapna Barman, Asian Games gold medalist gets customised shoes for her 12 toed-feet

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first_imghighlights New Delhi: Asian Games gold-medallist Indian heptathlete Swapna Burman has received a pair of customised shoes to fit her 12-toed feet. German global sportswear company Adidas created and delivered customised footwear for Swapna, who has been struggled to fit in her feet into regular shoes. “I’m so excited to finally have these pairs. I have already started training in these and I know from here on I can focus entirely on improving my performances without worrying about any pain,” Swapna said. “The journey from here should get easier. I would like to thank the adidas team in India and at the Athlete Services Lab for helping me with this solution. I shall continue to work hard and keep moving towards my goal of winning honours for the country.”Adidas took Swapna to their Athlete Services Lab in Herzogenaurach, Germany for a detailed footwear analysis. “Taking into consideration the unique task we had at hand, we at adidas are proud to provide Swapna with unique pairs that shall help her across the seven different disciplines of Heptathlon,” said Sharad Singla, Director – Brand Marketing, adidas India. For all the Latest Sports News News, Other Sports News, Download News Nation Android and iOS Mobile Apps. Adidas created and delivered customised footwear for Swapna Barman.Swapna Barman has 12 toes on her feet.Barman won the heptathlon gold in the 2018 Asian Games. Apart from Swapna, adidas recently signed athletes Hima Das and Nikhat Zareen amongst others to use sports as a catalyst to bring positive change.last_img read more

Update on the latest in sports:

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first_img— The Patriots will have the maximum four compensatory picks in next month’s draft. New England has two spots in the sixth round after selecting twice in the third, the highest possible round for compensatory selections. Denver, Houston, Minnesota, the New York Giants, Philadelphia and Seattle each get three picks, while Baltimore and Miami will each have two.— Two teams have suggested changes to game officiating, including a “sky judge” utilized by colleges. That is among seven rules proposals that will be presented to team owners later this month. The Ravens and Chargers are seeking what they call a booth umpire as an eighth game official, as well as adding a senior technology adviser to the referee to assist the officiating. Also proposed is revamping overtime to minimize the coin toss impact and returning OT to its original 15-minute length and providing alternatives to the onside kick for a scoring team to attempt to keep the ball.MLB-NEWSScherzer scratched from startUNDATED (AP) — Washington Nationals pitcher Max Scherzer was scratched from his scheduled start against Miami because of fatigue on his right side. Baffert to train Maximum SecurityUNDATED (AP) — Owner Gary West is removing all of his horses from Jason Servis’ barn after the trainer was indicted on multiple counts of administering illegal substances and performance-enhancing drugs.That includes last year’s 3-year-old champion Maximum Security, who will be trained by two-time Triple Crown winner Bob Baffert.SANTA ANITA FATALITIESRacing board finds no use of illegal medications in horse deaths — The Sharks and the NHL are still determining how to proceed with three scheduled games in San Jose this month. Santa Clara County health officials have banned gatherings of more than 1,000 people in response to the spread of the coronavirus. The games could be moved to a neutral site, be postponed or played without fans in the arena.— Ohio’s governor is calling for all indoor sports to be played without fans. Mike DeWine’s decision would affect the NHL’s Columbus Blue Jackets and NBA’s Cleveland Cavaliers.— All upcoming professional soccer games in Spain, France and Portugal and some others in Germany will be played in empty stadiums because of the outbreak. But, UEFA is asking governments across the continent to ensure the European Championship goes ahead in three months despite the coronavirus outbreak. UEFA says it’s “completely untrue” that European football federations had requested the 24-team tournament is moved to next year.NBA-NEWSCavs, Bickerstaff agree to multi-year contract Update on the latest in sports: A person familiar with the deliberations told The Associated Press that if MLB can’t play in front of fans at a team’s home ballpark because of the outbreak, the sport’s first preference likely would be to switch games to the visiting team’s stadium if possible.The Mariners are scheduled to host the Rangers when MLB opens the season on March 26, but the Seattle area has been hit hard by the virus.MLB anticipates government officials will decide whether it is safe to play in front of fans in each city. If changes to the schedule are necessary, MLB would make determinations at the point when a ballpark has been ruled out.In other virus-related sports news:— The Ivy League is canceling its men’s and women’s basketball tournaments scheduled to be played Friday through Sunday in Cambridge, Massachusetts. The league says it will award its automatic NCAA Tournament bids to regular-season champions Princeton women and Yale men. Ivy officials also announced that it will limit spectators at all other sporting events for the rest of the spring season The 35-year-old right-hander said his right side has lagged behind the rest of his body as he attempts to build strength in preparation for the season.Scherzer had made three spring training starts. He expects to pitch Sunday against the Mets and remain on track to start the World Series champions’ opener on March 26 at New York. Nationals manager Dave Martinez has not announced his opening day starter.In other news from spring training:— Mets outfielder Michael Conforto has strained an oblique muscle on his right side, but it’s too early to determine whether he will be able to play on opening day against World Series champion Washington on March 26. Conforto was injured Saturday while catching a flyball against the Nationals and returned to New York on Monday night to meet with Mets medical staff. Conforto was an All-Star in 2017 and set career highs last season with 33 homers and 92 RBIs while batting .257 with an .856 OPS in 151 games.HORSE RACING-MAXIMUM SECURITY The decision comes because the NFL Players Association’s members are still voting on a proposed labor agreement the owners already have approved. That deadline was extended by two days to just before midnight on Saturday.The last time to use the tags at Thursday made little sense. There would be different tag requirements under each collective bargaining agreement.NFL-NEWSRavens guard Yanda retiresUNDATED (AP) — Ravens guard Marshal Yanda is retiring after 13 seasons in which he was named to the Pro Bowl eight times and helped Baltimore win the 2012 Super Bowl. CLEVELAND (AP) — The Cleveland Cavaliers and coach J.B. Bickerstaff have agreed to terms on a multi-year contract.Bickerstaff took over the Cavs when former Michigan coach John Beilein (BEE’-lyn) suddenly resigned last month. Bickerstaff had been serving as an associate head coach under Beilein, who cited personal health issues as one of his reasons for stepping down after 54 games. The Cavs are 5-5 under Bickerstaff.NFL-LABORNFL and players put off deadline for applying tagsUNDATED (AP) — The deadline for applying franchise and transition tags to NFL free agents has been moved from Thursday to Monday by the league and the players’ union. Share This StoryFacebookTwitteremailPrintLinkedinRedditSPORTS-VIRUS OUTBREAKMLB willing to alter sked for virus reasonsUNDATED (AP) — Major League Baseball continues to deal with the virus outbreak. March 10, 2020 The 35-year-old Yanda played in 191 games, including playoffs, and has been an anchor on the Ravens offensive line since being picked out of Iowa in the third round of the 2007 NFL draft. He was a first-team AP All-Pro twice and named to the second team four times, including last season.Elsewhere around the NFL:— The Texans have signed free agents Ka’imi (kah-EE’-mee) Fairbairn and Darren Fells to contract extensions. Fairbairn has hit 83.7% of his field goal attempts during his three seasons with the team. Fells set career highs with 34 receptions, 341 yards receiving and seven touchdowns last season, his first with Houston.— The Browns have released Christian Kirksey after six seasons after the veteran linebacker and the team couldn’t agree on re-working his contract. The 27-year-old made 54 starts for Cleveland but has been slowed by injuries the past two seasons. A chest injury last year kept him out of all-but two games.— The Panthers have signed quarterback Kyle Allen to a one-year contract extension. The 24-year-old Allen replaced Cam Newton in Week 3 last season. He started off his second NFL season by leading Carolina to four straight wins, but struggled down the stretch and was eventually replaced by rookie Will Grier. Associated Press LOS ANGELES (AP) — A report released by the California Horse Racing Board on a spate of horse deaths at Santa Anita found that no illegal medications were used on the animals and 39% of the 23 fatalities occurred on surfaces affected by wet weather.The long-awaited report focused on 23 deaths as a result of racing or training between Dec. 30, 2018, and March 31, 2019. The fatalities roiled the industry and led track owner The Stronach Group to institute several reforms involving safety and medication.The 77-page report found no evidence of animal welfare violations.last_img read more

ValueJet Plans Big for Remo Ultra-Marathon

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first_imgThe historic city of Sagamu will be agog this weekend as top athletes from across the world converge to participate in the maiden edition of the ValueJet Ultra Modern race .Speaking ahead of the race, ValueJet Head of Operations Mrs Yewande Cole, said the race is one of the company’s numerous ways to create bond among Nigerians and the world at large.“The Ultra-Marathon is first of its kind in Africa and we are elated that our company is responsible for bringing youths together to harness their talents. I’m confident that we all are in for a good time on Saturday.“Our Chairman, Honorable Kunle Soname is a sports inclined personality who is very passionate about the race, so participants and fans alike would witness a world class event,” she stressed. On whether the race would be sustained, she assured stakeholders that adequate plans are in place to stage the marathon yearly.The winners of the 50km ultra-race in both foreign and local categories will pocket $2,000, while the second and the third placed runners will get $1,500 and $1,000respectively.For the Nigerian local 5km run, the winner will receive N500,000, runner-up N300,00,00, while the second runner-up will take home N150,000.Meanwhile, rave of the moment and hip hop artiste Afeez Fashola, a.k.a. “Naira Marley” along with other top music artistes will perform live at the 50km race in Sagamu.According to the Project Director, Seyi Johnson, Naira Marley would perform alongside the winner of “City People Music Award” Slimcase.About 4,000 athletes from 35 countries are expected to participate in the 50km road race which is reputably the largest in the series.Johnson said Naira Marley, Slimcase, CDQ and others would spice up the event as part of the side attraction at the Sagamu International Stadium.“The marathon will be spiced up with lots of entertainments because we don’t want it to be boring.“Artistes such as Naira Marley, Slimcase, CDQ and others will be performing and everybody will be greatly entertained because we are expecting a full house.“The race will be plug and play starting from the stadium with the marathoners rounding the route five times.“We are look forward to seeing athletes conquer the 50km race because the route is different from what we are used to,” he concluded.Share this:FacebookRedditTwitterPrintPinterestEmailWhatsAppSkypeLinkedInTumblrPocketTelegramlast_img read more