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Monday, February 21, 2022

2022 Olympics highlight genuine friendship beyond borders: Stunning closing ceremony shows charm of dual Olympic city

 

 `Full Closing Ceremony | #Beijing2022

 



`The 9th Gold that beats the US. 

 

 'Together for a shared future': 2022 Olympics highlight genuine friendship beyond borders Hugs, thank-you letters, exchanges of gifts… As the biggest stage in sports in 2022, the Beijing Winter Olympics not only

 

  Stunning closing ceremony shows charm of dual Olympic city

With a spectacular closing ceremony for the Beijing 2022 Winter Olympic Games on Sunday, Beijing, the world's first dual Olympic ...

 

17-day Beijing Winter Olympics successfully closes curtain on Sunday. What's left for ...

In the past 17 days, participants from almost every part of the world gathered in Beijing for the Olympic Winter ...

 Beijing Winter Olympics extend China's legacy

If the story of the 2008 Olympics was all about Beijing and its new modernity, the story of these Olympics is about China's urban-rural divide and the challenge of transforming some of the poorest and most remote areas ..

 

Beijing Winter Olympics is China's success, and also the success of the whole world. As some foreign media commented, maybe one day, when the world returns to normal, we will remember the Beijing Winter Olympics as the starting ...

The Beijing 2022 Olympic Winter Games (February 4-20, 2022) makes Beijing the first city to host both the Summer and Winter Olympic Games. The world’s best athletes will compete for 109 gold medals during the 19-day event with the first medal handed out on February 5.

The Global Times will track the results of the Olympic medal events, with the medal table updated in real-time. We’ll also highlight which countries win the most gold, silver and bronze medals. 

 


Country/Region Total
Norway1681337
Germany1210527
China94215
U.S.A810725
Sweden85518
Netherlands85417
Austria77418
Switzerland72514
ROC6121432
France57214

Canada481426Japan36918Italy27817South Korea2529
SHOW MORE
 
More stats on olympics.com

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More opportunities for job seekers


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KUALA LUMPUR: The JaminKerja Keluarga Malaysia initiative will support the government’s goal of reducing the unemployment rate by providing 600,000 job opportunities this year, says the Prime Minister.
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Datuk Seri Ismail Sabri Yaakob said these would be provided via an allocation of RM4.8bil, which is a key thrust under Budget 2022 on job creation.
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“The JaminKerja Keluarga Malaysia initiative is the manifestation of the government’s commitment to providing more employment opportunities and more sustainable economic development to drive the country’s recovery efforts in a structured manner and to contribute towards strengthening the national labour market.
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“Malaysia is on the right track in its economic recovery efforts through the creation of more employment opportunities to fulfil the needs of the labour market,” he said at the launch of the JaminKerja Keluarga Malaysia initiative themed “Keluarga Malaysia, Makmur Sejahtera” and JaminKerja Keluarga Malaysia Career Carnival 2022 at the KL Convention Centre here yesterday.

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The JaminKerja Keluarga Malaysia (Malaysian Family Job Guarantee) initiative is a collaboration between the Finance Ministry, Economic Implementation and National Strategic Coordination Agency, Human Resources Ministry, Social Security Organisation (Socso) and Human Resource Development Corporation (HRD Corp).
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Also present at the launch were Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz and Human Resources Minister Datuk Seri M. Saravanan.
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The initiative consists of three main programmes, the first of which is the JaminKerja Employment Initiative that will be implemented by Socso with a target of providing about 300,000 job opportunities.
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The second is the Malaysia Short-Term Employment Programme (MySTEP) that will offer 80,000 job opportunities in the public sector, government-linked companies and strategic partners.
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The third is the Upskill Malaysia programme implemented by HRD Corp to provide practical skills training for job seekers to improve their marketability and provide guaranteed job placements.
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About 220,000 trainees will be targeted.
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Ismail Sabri said the JaminKerja Employment Initiative will also focus on efforts to encourage employers to hire especially individuals who were not actively working such as the unemployed, and vulnerable groups consisting of the disabled, former prisoners, the elderly and women who were unemployed for a long time.
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“This is to ensure that no group is left out,” he added.
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Ismail Sabri said once employers are given the incentive to hire, job seekers could use the MyFutureJobs platform to get job matches and fill the vacancies that are offered, adding that incentives will be given to employers who employ locals to fill jobs that used to be filled by foreign workers or expatriates.
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The government, he said, is committed to helping the entrepreneurial community, which hires and creates job opportunities, so that they could continue to grow and rebuild their business through the Semarak Niaga initiative worth RM40bil.
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The Prime Minister added that the Human Resources Ministry, too, has planned 312 open interview programmes and employment carnivals throughout the year.
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“The JaminKerja Keluarga Malaysia Career Carnival is the curtain-raiser for 2022 and is the first to be organised in the country, offering more than 12,000 job opportunities from 50 employers from various industries,” he said.
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To reduce the skills mismatch gap, Ismail Sabri urged the industry to implement better recruitment strategies by taking into account social changes including a more flexible work environment.
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“As the National Employment Council (NEC) chairman, I am confident that the efforts of the NEC in enhancing the momentum of job creation as well as boosting the job market will be able to continue through the JaminKerja Keluarga Malaysia initiative, which in turn will also strengthen the Malaysian Family household income, especially underprivileged groups, and the B40 and M40,” he said. 

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Saturday, February 19, 2022

Yuan’s global popularity keeps rising

 

Growing acceptance: A bank employee counting 100-yuan notes in Nantong, China’s eastern Jiangsu province. Usage of the currency has jumped in the past three months as international funds boosted holdings of Chinese government bonds. — AFP
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BEIJING: The Chinese yuan is making deeper inroads as a currency of choice for global payments, with international transactions climbing to their highest level ever.
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Payments using the currency jumped to a record 3.2% of market share, according to data from the Society for Worldwide Interbank Financial Telecommunications, breaking through its previous high set in 2015 that came on the back of a currency devaluation in a bid to increase exports.
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Usage has jumped in the past three months as international funds boosted holdings of Chinese government bonds, pushing their share to a fresh record, and amid gas producer Gazprom Neft’s decision to accept yuan rather than dollars for fuelling the Russian airplanes at China’s airports.
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The People’s Bank of China governor Yi Gang urged emerging economies to promote the use of local currencies at a Group-of-20 central banks’ gathering Wednesday, echoing a similar call from Indonesia to reduce reliance on the dollar to manage the risk of Federal Reserve’s stimulus withdrawal.
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The yuan will be one of the biggest beneficiaries as “trade between various Asian countries and China grows, and more of it is denominated in yuan,” said Alvin T. Tan, head of Asia FX strategy at Royal Bank of Canada in Hong Kong.
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Yuan’s growing popularity could also provide additional support for assets denominated in the currency, even as China’s yield premium over the United States narrows due to policy divergence between the two nations. She expects the yuan to be assigned a larger share in the International Monetary Fund’s reevaluation of Special Drawing Rights basket in July.
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The Regional Comprehensive Economic Partnership trade deal that deepens China’s regional foreign trade ties will also prompt member nations to raise yuan asset holdings due to further economic integration with China, she wrote in a note Wednesday.
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The currency retained its fourth place in the past two months, compared with being the 35th most-popular medium of exchange for payments in October 2010 when Swift, which handles cross-border payment messages for more than 11,000 financial institutions in 200 countries, started tracking.
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Despite its rise in the rankings and having upped its market share by orders of magnitude over the last 12 years, the yuan is still dwarfed in popularity by its more established peers, notably the US dollar and the euro.
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The dollar kept its top spot in January, a position it’s held since June, even though its market share fell to about 39.9% from 40.5% in December.
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The euro also lost ground but held onto second place, while the British pound and yen rounded out the top five in third and fifth place, respectively. — Bloomberg

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China, France deepen RMB Cross-Border Interbank Payment System cooperation

The cooperation between China and France on the RMB Cross-Border Interbank Payment System will help with internationalization of the yuan and will also provide an opportunity for the eurozone to reduce its reliance on the US dollar, experts said.

 

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Yuan’s rising global influence 

 

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