IDR

DANA and Ant Group Announce Local Women Entrepreneur Winners of the Inaugural SisBerdaya Program

Retrieved on: 
Monday, June 5, 2023

SisBerdaya, a local initiative by DANA and Ant Group dedicated to empowering Indonesian women entrepreneurs mainly from ultra-micro and micro businesses, announced six Grand Winners in Jakarta.

Key Points: 
  • SisBerdaya, a local initiative by DANA and Ant Group dedicated to empowering Indonesian women entrepreneurs mainly from ultra-micro and micro businesses, announced six Grand Winners in Jakarta.
  • The six Grand Winners stood out based on their business plans presented during the final pitching competition.
  • The SisBerdaya program has demonstrated that collaboration is one of the keys to achieving economic independence for Indonesian women."
  • “The successful completion of the inaugural SisBerdaya marks an exciting beginning for the winners and outstanding businesswomen from the program to pursue their dreams and inspirations.

American Federation of Teachers and Summer Reach $22 Million in Realized Student Loan Forgiveness

Retrieved on: 
Wednesday, May 31, 2023

The American Federation of Teachers , an affiliate of the AFL-CIO that represents more than 1.7 million members, in partnership with Summer , a Certified B Corporation whose digital education assistance solution empowers individuals to reach their financial goals, today announced it has helped nearly 25,000 teachers with their student debt, connecting borrowers to $22 million in realized student loan forgiveness.

Key Points: 
  • The American Federation of Teachers , an affiliate of the AFL-CIO that represents more than 1.7 million members, in partnership with Summer , a Certified B Corporation whose digital education assistance solution empowers individuals to reach their financial goals, today announced it has helped nearly 25,000 teachers with their student debt, connecting borrowers to $22 million in realized student loan forgiveness.
  • “While the Biden Administration’s student loan forgiveness plan hangs in the balance at SCOTUS, we continue to fight to keep the promise of Public Service Loan Forgiveness for America’s teachers, nurses and all public employees,” said Randi Weingarten, President of AFT.
  • Through the Public Service Loan Forgiveness (PSLF) program, Summer has helped AFT members see $22 million in student loans canceled to date.
  • Additionally, AFT members enrolled in an Income-Driven Repayment plan through Summer are anticipating an average of nearly $53,000 over the lifetime of their loan.

Return on Equity Soars to 21% as BRI Shares Hit All-Time High Again

Retrieved on: 
Thursday, May 25, 2023

On 19 May 2023, BRI achieved an all-time high with shares reaching IDR 5,400 per share, resulting in a market capitalization of IDR 818.4 trillion.

Key Points: 
  • On 19 May 2023, BRI achieved an all-time high with shares reaching IDR 5,400 per share, resulting in a market capitalization of IDR 818.4 trillion.
  • The positive trend continued into the following week, as BRI shares exceeded IDR 5,500 per-share on 23 May 2023.
  • This is one of the reasons why BRI shares traded below IDR 5,000 last year," explained Sunarso.
  • At the same time, BRI was able to deliver a return on equity of 21.18% in Q1 2023.

Governor Ganjar Pranowo releases Indonesian MSME product for export, valued at IDR7billion

Retrieved on: 
Tuesday, May 16, 2023

4 containers of MSME product were released in Purwokerto, Central Java Province, while 3 containers were dispatched from Purbalingga and Pati.

Key Points: 
  • 4 containers of MSME product were released in Purwokerto, Central Java Province, while 3 containers were dispatched from Purbalingga and Pati.
  • The 7 containers of export products included essential oils, organic coconut sugar, processed foods, brooms, organic palm sugar, and handicrafts.
  • Central Java Governor Ganjar Pranowo released seven containers of local MSME product for export to Asia, the Middle East and America.
  • Following the export release, Governor Ganjar Pranowo stated that the support provided by the local government and MSME activists had yielded results.

Soligenix Announces European Patent Grant for Use of Dusquetide in Oral Mucositis

Retrieved on: 
Tuesday, May 16, 2023

PRINCETON, N.J., May 16, 2023 /PRNewswire/ -- Soligenix, Inc. (Nasdaq: SNGX) (Soligenix or the Company), a late-stage biopharmaceutical company focused on developing and commercializing products to treat rare diseases where there is an unmet medical need, announced today that the European Patent Office has granted a patent entitled "Novel Peptides and Analogs for Use in the Treatment of Oral Mucositis".  This granted patent builds on similar intellectual property issued in the United States (U.S.), New Zealand, Japan, Australia and Singapore, as well as many pending patent applications in other jurisdictions worldwide. The granted claims will cover therapeutic uses of dusquetide (active ingredient in SGX942) and related innate defense regulator (IDR) analogs, and adds to composition of matter claims for dusquetide and related analogs that have been issued in the U.S. and worldwide.

Key Points: 
  • This granted patent builds on similar intellectual property issued in the United States (U.S.), New Zealand, Japan, Australia and Singapore, as well as many pending patent applications in other jurisdictions worldwide.
  • "Soligenix continues to pursue broad patent coverage for its dusquetide technology, first with composition of matter claims followed by therapeutic use claims in oral mucositis ," stated Christopher J. Schaber, PhD, President and Chief Executive Officer of Soligenix.
  • "Having successfully pursued composition of matter claims in jurisdictions worldwide, we continue to pursue therapeutic use claims like those issued in the U.S. previously and in Europe with this most recent patent.
  • The therapeutic use claims are expected to be generally valid until 2034, which provides significant patent protection and life to dusquetide and our other IDR analogs."

Fitch Ratings Affirms Prime Healthcare Credit Rating with a Positive Outlook

Retrieved on: 
Thursday, May 11, 2023

Fitch Ratings has affirmed Prime Healthcare Foundation's Issuer Default Rating (IDR) at 'BBB' and maintained a positive outlook for its 14 not-for-profit hospitals in six states.

Key Points: 
  • Fitch Ratings has affirmed Prime Healthcare Foundation's Issuer Default Rating (IDR) at 'BBB' and maintained a positive outlook for its 14 not-for-profit hospitals in six states.
  • Fitch Ratings noted that the affirmation of the 'BBB' and maintenance of the Positive Outlook reflects Prime Healthcare Foundation's (PHF) very solid liquidity and moderate leverage.
  • The conclusion from Fitch Ratings is based on our performance during challenging times within the healthcare industry," said Steve Aleman, Prime Healthcare Chief Financial Officer.
  • Prime Healthcare and Prime Healthcare Foundation comprise 45 hospitals and more than 300 outpatient locations in 14 states.

GH Research Reports First Quarter 2023 Financial Results and Provides Business Highlights

Retrieved on: 
Thursday, May 11, 2023

DUBLIN, Ireland, May 11, 2023 (GLOBE NEWSWIRE) -- GH Research PLC (Nasdaq: GHRS), a clinical-stage biopharmaceutical company dedicated to transforming the treatment of psychiatric and neurological disorders, today reported financial results for the first quarter ended March 31, 2023 and provided business highlights.

Key Points: 
  • DUBLIN, Ireland, May 11, 2023 (GLOBE NEWSWIRE) -- GH Research PLC (Nasdaq: GHRS), a clinical-stage biopharmaceutical company dedicated to transforming the treatment of psychiatric and neurological disorders, today reported financial results for the first quarter ended March 31, 2023 and provided business highlights.
  • R&D expenses were $7.3 million for the quarter ended March 31, 2023, compared to $4.7 million for the same quarter in 2022.
  • G&A expenses were $3.1 million for the quarter ended March 31, 2023, compared to $3.3 million for the same quarter in 2022.
  • As previously announced, we expect to submit an IND for GH001 in TRD, delivered with our proprietary aerosol delivery device, in the third quarter of 2023.

FinRegLab Identifies Urgent Needs in Preparing for Federal Student Loan Payment Resumption

Retrieved on: 
Wednesday, May 10, 2023

WASHINGTON, May 10, 2023 /PRNewswire-PRWeb/ -- FinRegLab today issued a research brief entitled ‒The Countdown Clock for Student Loan Forbearances– that highlights the need for quick action by consumers, federal agencies, servicers, and counselors to prepare for the August 2023 end of pandemic-era forbearances on federal student loans.

Key Points: 
  • The research brief outlines the urgent financial situation facing student loan borrowers.
  • While payment requirements and interest accrual on federal student loans have been suspended since March 2020, they are set to resume this fall.
  • That deadline has been overshadowed by court challenges to a Biden Administration program that would eliminate federal student loan debt for an estimated 20 million consumers.
  • Federal budget constraints are affecting call center resources, which increases the importance of educating student loan borrowers to take early action.

CGG Announces its Q1 2023 Results

Retrieved on: 
Wednesday, May 3, 2023

PARIS, France – May 3, 2023 – CGG (ISIN: FR0013181864), a global technology and high-performance computing (HPC) leader, announced today its first quarter 2023 non-audited results.

Key Points: 
  • PARIS, France – May 3, 2023 – CGG (ISIN: FR0013181864), a global technology and high-performance computing (HPC) leader, announced today its first quarter 2023 non-audited results.
  • Looking ahead, our clients are ramping up their longer-term exploration efforts with increasing emphasis on efficiency, effectiveness, and lowering their carbon footprint.
  • Cash liquidity of $301m as of March 31, 2023, excluding $95m undrawn RCF.
  • Net debt before IFRS 16 at $905m as of March 31, 2023.

Flash News: OKX Partners with AlchemyPay in Five Countries, OKX Announces its P2P Diamond Advertiser Tier

Retrieved on: 
Thursday, March 30, 2023

AlchemyPay is a hybrid crypto-fiat payment infrastructure powered by the ACH token that enables exchange users to purchase, but not sell, crypto with select electronic funds transfer systems.

Key Points: 
  • AlchemyPay is a hybrid crypto-fiat payment infrastructure powered by the ACH token that enables exchange users to purchase, but not sell, crypto with select electronic funds transfer systems.
  • OKX is pleased to announce a new Diamond Tier for its P2P advertiser/merchant partners.
  • The Diamond Tier offers P2P partners better priority placement of ads, up to 100x higher transaction amount per ad, a higher buy/sell ad limit and quicker access to top customer support staff.
  • To qualify for this new tier, partners must be current members of the Super Advertiser tier, have an ad completion rate greater than 90%, and have completed over 500 P2P orders.