Rightways to Success

Thursday 13 August 2020

Health experts doubt Russia vaccine, as China likely to take lead along Russia in accelerated global vaccine race: experts

https://youtu.be/SHi2RjWP_zo

https://youtu.be/-XW9_1fXmKE

A handout photo provided by the Russian Direct Investment Fund (RDIF) shows samples of a vaccine against the coronavirus disease (COVID-19) developed by the Gamaleya Research Institute of Epidemiology and Microbiology, in Moscow, Russia August 6, 2020. Picture taken August 6, 2020.

PETALING JAYA: The announcement of a Covid-19 vaccine in Russia – dubbed Sputnik V – that will help end the pandemic soon is still a “distant reality”, say local public health experts.

Russia announced on Tuesday it will approve a Covid-19 vaccine after less than two months of human testing and hopes to begin production in September with plans to vaccinate its medical staff immediately afterwards.

The approval was made before a phase three trial which would involve thousands of participants and considered essential before regulatory approval is made.

Public health expert Datuk Dr Zainal Ariffin Omar criticised the approval of the Covid-19 vaccine in Russia as non-ethical for its lack of full clinical trials and scientific data.

“The scientific community is worried as basically, a vaccine will need to undergo full clinical trials to identify its efficacy and side effects.

“So, it is premature for Russia to be releasing the vaccine now without conducting large-scale trials that would produce data to show whether it works, ” he said.

Public health medicine specialist of Universiti Malaya Medical Centre, Associate Professor Dr Rafdzah Ahmad Zaki said for any available vaccines, the effectiveness of the vaccine needs to be evaluated before it can be considered.

“With any new vaccine, there will be a committee to discuss and decide on the evidence of whether the vaccine works or not, ” she said.

The head of the Centre for Epidemiology and Evidence-Based Practice noted that any risk or benefit will be balanced before a vaccine is approved, such as whether the tested population is similar to Malaysia’s community and the kind of resources needed to implement the vaccine.

Dr Zainal, who is Malaysian Public Health Physicians’ Association president, cited an example of a dengue vaccination which was approved by the World Health Organisation (WHO). But even then, it was later found to have caused a lot of deaths and />complications.

“Luckily after evaluation, we did not implement the use of the dengue vaccination for our country.

“That is why the scientific and medical community is very cautious of approving a vaccine for the community because we don’t want to be wrong for using a premature product, ” he said.

Dr Zainal expects a vaccine to be made available in the country only by the middle or end of 2021.

“Any vaccine will help the situation later on. But at the moment, we don’t have the capability of developing new vaccines. But we can be involved in any trials or collaborate with international agencies for trial purposes, ” he said.

Indonesia said on Tuesday it would launch a Phase 3 human trials of a vaccine candidate from China’s Sinovac Biotech.

According to the WHO, there are currently 139 vaccines in development and 26 have been undergoing human trials since July 31. Out of the 165 vaccines, six are reaching Phase 3, which is the last step before regulatory approval and will involve large numbers of human testing.

Sinovac’s vaccine, named CoronaVac, is already being tested on 9,000 Brazilian health workers.

Malaysian Medical Association president Dr N. Ganabaskaran said the Covid-19 pandemic will go on for years even if vaccines are readily available.

“Even if vaccines are available, what about poor countries? Not all countries can afford the vaccine.

“There are vaccines being developed, but available vaccines will go to the rich countries first and it may take many years before we can overcome Covid-19, ” he said.

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China likely to take lead along Russia in accelerated global vaccine race: experts

The battlefield of a global vaccine race has seemingly transferred from research and development to the market after Russia announced its approval of the world's first COVID-19 vaccine on Tuesday, soon after which the US announced to purchase another 100 million doses of a domestic candidate, revealing the Trump administration's anxiety over Russia's move.

Covid'19 Vaccine for the world started mass produced in China on 8/8/20

8月8日！中国传来大喜讯！疫苗开始大规模生产，准备9月份分发全世界，拟定第一批名单，不是开玩笑，特朗普最怕的事发生！

https://youtu.be/JoXhQIGmtBs

Putin hails 'Sputnik vaccine'

Russian President Vladimir Putin said on Tuesday that Russia had become the first country to grant regulatory approval to a COVID-19 vaccine after less than two months of human testing, a move Moscow likened to its success in the Cold War-era space race.

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China's Covid-19 vaccine will be available for all, could be ready for public use early next year

China will make its Covid-19 vaccine a global public good when it is ready for application after successful research and clinical trials, a senior Chinese official said.

China leads in coronavirus vaccine clinicals to combat Covid-19

Friday 7 August 2020

How to use BeiDou navigation system on your phone

China has just announced the completion and launch of its BeiDou-3 Navigation Satellite System. But, how can we use it?

CGTN recently posted a video showing the differences between China's BeiDou system and other global navigation satellite systems.

Read more: How is China's BDS different from other global navigation networks?

And we received some questions, about how to actually use BeiDou for navigation. This video explains how the system works on your phone.

Before we get started, let's clear up a common misconception. A lot of people think if you want to use the BeiDou system, you need to download some sort of "BeiDou apps."

The truth is, you don't need to download any new app for using the system. If you find an app titled "BeiDou" in an app store, it's not official. Regular navigation apps, delivery apps or car-hailing apps are all able to use the positioning service of the BeiDou system.

Civil equipment like our phones, cannot choose which navigation system to use. It will automatically pick the system that has best signal at that time.

So maybe you're using the BeiDou system right now.

But not every smartphone supports BeiDou. Currently, most of the Android phones can use the BeiDou system. But if you are an iPhone user, you are not able to use it because chips carried by the Apple product line do not support the system. To check, you can take a look at the tech specs of your phone.

GPS testing apps can show the number of satellites in your area and their signal strength. /Screenshot via GPS Test

Another way to find out whether your phone supports BeiDou is through GPS testing apps. Your phone can use BeiDou's services if the app can detect BeiDou's satellites.

There are also people asking whether BeiDou can be used outside China. You can do so just like we can use GPS services in China.

The difference is that BeiDou provides better accuracy in China and the Asia-Pacific region, at five meters, because of its unique layout. The accuracy in other areas is about 10 meters.

Cameraman: Yang Yang Video editor: Guo Meiping Cover image: Jia Jieqiong

How is China's BDS different from other global navigation networks?

https://youtu.be/NXdFg1PRKnQ

China has completed its BeiDou Navigation Satellite System, or BDS, becoming the fourth country in the world with a global navigation network, the other three being GPS of the U.S., GLONASS of Russia and Galileo of Europe.

As the name suggests, the global navigation satellite system provides navigation and location services on a 24-hour basis. From what we know so far, building a sound satellite system costs a bundle. Besides, the other systems are already well-established. So, what makes China's BDS stand out among its competitors?

Firstly, the other systems have 24 satellites in medium earth orbit (MEO). In addition to the 24 satellites, the BDS constellation also has three satellites in geostationary earth orbit (GEO) and three in inclined geosynchronous orbit (IGSO). What's special about the extra six satellites is that they have a relatively fixed range of activity.

This layout can enhance BDS' accuracy in China and the Asia-Pacific region to five meters, in comparison with a 10-meter accuracy in other areas.

Secondly, BDS has a trump card – the short message service. It is a function that allows users to have a two-way communication.

In areas not covered by cellular or communication signals, BDS can make the short message service available in uninhabited areas, such as deserts, forests, and mountainous or polar regions.

With this service, users in distress can inform the rescue team about their location and condition.

As the most populated country in the world, it's important for China to have its own global navigation satellite system to meet the needs of the country's socio-economic development.

In fact, the BDS is also good business. According to the White Paper on the Development of China's Satellite Navigation and Location Services Industry (2020), the country's satellite industry has maintained a 20-percent annual growth since 2012. BDS contributes about 80 percent of it.

The system has also generated tens of billions of dollars, countless high-paying jobs, and stimulated economic growth via big contracts in commercial industries.

And with improvements in functions, it will have much more to offer in the future.

Scriptwriter: Pan Zhaoyi Producer: Guo Meiping Cameraman: Fu Gaoliang Video editor: Zhao Yuxiang Cover image: Yin Yating

Related:

A rewind of China's BeiDou Navigation Satellite System deployment https://youtu.be/CM1-7UcNAfE

https://youtu.be/LxMtasUnYY8

Analysis: How is China's BeiDou satellite navigation doing?

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如何查看自己的手机是否支持北斗卫星导航系统 - How to check if your phone supports BeiDou Navigation Satellite System

China's version of GPS now has more satellites than US original https://youtu.be/pKUBulJ5YOU 软件下载地址： https://www.coolapk.co...

No smartphone = problems living in Penang

Please resolve the parking and soon-to-be marketing woes of constituents who do not own and do not wish to own smartphones. Councils .

Young buyers flock to property market

Why millennials are flocking to real estate

Interest rate cuts, govt incentives spur buying interests

“We believe the strong growth in our young buyers is both a natural evolution and as a result of a conscious strategic effort we have made to appeal to this important customer group,"-
Datuk Chang Khim Wah

Eco World Development Group Bhd president and chief executive officer Datuk Chang Khim Wah told StarBiz the increase in younger buyers was due to a conscious strategic effort made by the group to appeal to this target market.

Property developers are seeing a pick up in sales, especially from younger buyers, as the numerous interest rate cuts and government incentives have spurred buying interest.

Eco World Development Group Bhd president and chief executive officer Datuk Chang Khim Wah said the increase in younger buyers was due to a conscious strategic effort made by the group to appeal to this target market.

“During our initial years of operations (circa 2015) the percentage of young buyers (below 40 years old) was around 43% and today it is more than 70%.

“We believe the strong growth in our young buyers is both a natural evolution and as a result of a conscious strategic effort we have made to appeal to this important customer group, both through the products we are offering as well as the way in which we engage them via social media and digital channels, ” he told StarBiz.

Of the 70%, Chang said around 50% are in their 30s and the remaining 20% are in their 20s. “We are particularly happy that a good number of these buyers include children of our own customers and residents in the vicinity of our development. This validates our efforts over the last few years to make a strong pivot to serve the needs of this market segment and the wider M40 group.

“Our upcoming launch of the new Duduk series of vertical townships offering semi-furnished apartments priced below RM400,000 at Eco Ardence and Eco Sanctuary, as well landed homes starting from RM500,000 at Eco Botanic 2, will enable us to further capture the hearts and minds of this very important market segment.”

Chang said the prolonged movement control order (MCO) period has really made many young people realise that the quality of home and living environment matters greatly.

Mah Sing Group Bhd chief executive officer Datuk Ho Hon Sang (pic below) said as the bulk of its projects comprised units within the affordable range segment, the majority of its buyers comprised those below 35 years of age.

“For Mah Sing, 84% of our target sales for 2020 are for residential properties priced below RM700,000 with key focus in the affordable segment. We typically see about 65% of buyers who are 35 years and below, for most of the affordable projects were launched in recent years. Hence, the majority of our buyers are first time homeowners.”

Despite the challenging market environment in view of the Covid-19 pandemic, Ho said demand continues to be resilient as property remained one of the safest forms of asset class for long-term capital protection and appreciation.

“Malaysia’s population is still very young with 66% below 40 years old and as such, household formation continues to be strong. Affordably-priced properties of good quality and at strategic locations remain highly sought after.

“This is especially for first-time home buyers, which augers well for Mah Sing’s product composition.”

Sunway Property said it is seeing increasing interest from younger buyers from 25 years to 35 years in its properties that are transit-oriented and have good facilities nearby.

“For example, our developments such as the transit-oriented Sunway Avila in Wangsa Maju, the integrated and transit-oriented Sunway Velocity TWO and the youth-focused development of Sunway Grid in Sunway Iskandar has seen enthusiastic response from younger purchasers, ” it said.

Property data, analytics and solutions provider MyProperty Data chief executive officer Thor Joe Hock said the median age for residential property transactions has gradually dropped over the years.

“When we look at the over 2.5 million residential property transactions, including serviced apartments, it appears that the median age of buyers from 2000 to 2019 has remained largely unchanged at between 34 to 35 years of age.

“However, when you break it down into landed and non-landed transactions, we start to get a clearer picture. The median age for non-landed properties has fallen from 40 years in 2000 to 28 years in 2019; while the median age for landed property purchasers marginally decreased from 40 years to 37 years over the same period.”

MyProperty Data manages a property data portal called PropertyAdvisor.

Meanwhile, Lagenda Properties Bhd managing director Datuk Jimmy Doh said more than half of its buyers are below 39 years of age.

“We believe as young people start new phases in their lives, for example getting a job or starting their own families, they prefer to stay independently and have their own space, granted that the properties are within their price range.

“Over the past few years, we have been seeing an increase in buyers. Our properties are priced below RM200,000, ” he said.

MIDF Research in a recent report said the aggressive overnight policy rate (OPR) cuts have improved home buyers’ purchasing power.

“Bank Negara cut its overnight policy rate for the fourth time this year by 25 basis points (bps) to a record low of 1.75% in July due to the severe impact of the Covid-19 pandemic on the global economy. The aggressive OPR cuts this year are positive to the sector as it improved home buyer’s purchasing power by reducing loan installments.

“We estimate monthly installments to reduce by 14%, after 125 bps cut for RM500,000 loan with a loan repayment period of 30 years, which is quite significant in our view. Hence, we think the record-low interest rate will partly help to alleviate home buyers’ issue of securing home financing, as the record low yield has boosted the affordability of home buyers.”

MIDF Research also said it expected loan demand to recover in the second half of 2020.

Citing Bank Negara’s statistics, it said total applied loan for the purchase of property improved sequentially by 52.9% month-on-month to RM13.1bil in May, after plunging by 64.8% month-on-month in April.

“Note that total applied loan recorded steep decline in April due to the disruption to business activity following the commencement of the MCO.

“Nevertheless, total applied loan in May was lower by 61.8% year-on-year while cumulative total applied loan in the first five months of 2020 was lower by 33.6% year-on-year, indicating buying interest was subdued.”

Looking ahead, the research house expected buying interest to recover in the second half of this year, spurred by incentives introduced by the government.

Under the Short-Term Economic Recovery Plan (Penjana), which was announced in June, the government reintroduced the Home Ownership Campaign (HOC). Under the HOC, stamp duty exemption will be provided on the transfer of property and loan agreement for the purchase of home priced between RM300,000 and RM2.5mil.

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