Manufacturers of new biological or biosimilar medicines could obtain a licence to sell their medicines in the UK within 67 days of making an application under a new scheme aimed at minimising the impact of a ‘no deal’ Brexit.
IMF calls on Japan to revamp ‘Abenomics’ to boost flagging economic growth
The head of the IMF on Thursday called for an overhaul of Japan’s economic policy, as the world’s third-biggest economy battles stubborn low inflation, sluggish growth and a rapidly ageing population.
Christine Lagarde called for a “fresh look” at “Abenomics”, the economic policy of Prime Minister Shinzo Abe, which combines ultra-loose monetary policy with fiscal stimulus and structural reforms.
“We believe that it will require a revamping of policies….
UK government publishes guidance to support new trade mark laws
The UK government has published documents designed to support the implementation of new trade mark laws, which come into force next year.
Singaporean firms embarking on a global acquisition spree, with one eye on the US-China trade war
Singapore Inc is stirring, with companies from real estate to engineering becoming bolder in their hunt for acquisitions abroad.
Companies in the city state announced around US$91 billion of overseas deals this year through September, more than double the US$41.9 billion of transactions for the same period of 2017, data compiled by Bloomberg show. Temasek Holdings Pte and GIC Pte still loom large, but increasingly others are inking their biggest ever transactions to put Singapore on the world…
Australia set to eradicate cervical cancer within two decades
Australia looks set to become the first country in the world to wipe out cervical cancer, thanks to national vaccination and screening programmes which could see the disease effectively eliminated as a public health issue within 20 years.
New research published in The Lancet Public Health forecasts the disease will soon be a rarity in Australia, with fewer than six new cases per 100,000 women by 2022, and fewer than four new cases per 100,000 women by 2035.
In 2007, Australia launched a…
Rosmah Mansor, wife of disgraced Malaysian ex-PM Najib Razak arrested
Rosmah Mansor, the wife of former Malaysian prime minister Najib Razak, was arrested on Wednesday afternoon in relation to the multibillion-dollar 1MDB scandal, the country’s anti-graft agency has said. The arrest of Rosmah – long compared with Imelda Marcos, the spouse of the corruption-tainted late Philippine dictator Ferdinand Marcos, because of their extravagant spending habits – signalled prosecutors were intensifying their months-long probe into the scandal. The…
Dozens of dead pulled from church as Indonesia reels from quake
The bodies of dozens of students have been pulled from their landslide-swamped church in Sulawesi, officials said Tuesday, as an international effort to help nearly 200,000 increasingly desperate Indonesian quake-tsunami victims ground into gear.
The discovery adds to the already-high death toll from Friday’s disaster, when a powerful earthquake triggered a tsunami that smashed into the seaside city of Palu.
At least 1,234 people are already known to have died, but officials say that…
Death toll from Indonesia earthquake and tsunami hits 1,234
Desperation exploded into anger Tuesday in the town closest to the epicenter of the massive earthquake and tsunami that hit parts of Sulawesi island four days ago, with residents begging Indonesia’s president to help them as hungry survivors crawled into stores and grabbed boxes of food.
“Pay attention to Donggala, Mr. Jokowi. Pay attention to Donggala,” yelled one resident in footage broadcast on local television, referring to President Joko “Jokowi” Widodo….
Manufacturers put brakes on investment amid Brexit uncertainty
UK manufacturers are putting investment plans on hold in response to uncertainty over the final outcome of Brexit and fears of the growing trade tensions between the US and China.
55% of FTSE100 currently fail to publicly mention tax evasion
55% of FTSE100 companies do not mention how they are managing the risks of tax evasion in their published documents, according to research by Pinsent Masons, the law firm behind Out-law.com.