Thai Public Health Ministry model predicts 40,000 COVID cases and 500 deaths per day soon if restrictions not obeyed

Thailand may see over 40,000 new COVID-19 infections and 500 deaths per day, peaking mid-September, if the current lockdown restrictions are not rigorously followed and enforced and without full cooperation from everyone, according to a projection by the Ministry of Public Health, based on a Susceptible Exposed Infected Recovery (SEIR) compartmental mathematical model.

Citing the model, advisor and spokesman for the Ministry, Dr. Rungruang Kitpati, said that only with strict enforcement of control measures and everyone’s total cooperation will the infections and fatalities slow down and, even then, not for the next 2 to 4 weeks.

More lives can be saved and fewer people will become infected if strict measures are in place and rigorously enforced, accompanied by accelerated COVID-19 screening and mass vaccinations.

As a COVID-19 resurgence has been reported in several countries, he said that restrictions to contain the spread of the contagion must be tightened.

He disclosed that, in Bangkok, 61.67% of the general population and 70% of the elderly have been inoculated, adding that, in August, 10 million more doses of vaccines will be arriving and people in other provinces will get access to more of them.

Administration of the first 1.5 million doses of the Pfizer vaccine, donated by the United States, will commence on August 9th, 700,000 doses of which will be used as booster shots.

645,000 doses are to be distributed to 12 provincial “Dark Red” zones for people over 60, those afflicted with any of the seven underlying diseases, minors aged 12 and over, women who are at least 12 weeks pregnant and those weighing more than 100kgs.

150,000 does are intended for high-risk foreign residents in Thailand and students, or others who have to travel abroad. The remaining 5,000 does are reserved for research purposes.

 

Source: Thai Public Broadcasting Service (Thai PBS)

People pack Bang Sue Grand Station to get inoculated on final day of the walk-in service

Bang Sue Grand Station in Bangkok was packed with people today (Saturday), queuing in multiple lines to get vaccinated on the last day of the walk-in service.

The service was being provided to the over 60s, women who are at least 12 weeks pregnant, those afflicted with any of the seven underlying diseases and people who weigh more than 100kgs.

Starting on Sunday, however, only those who have registered online, via Thailand’s mobile phone service providers since July 29th, are eligible to be vaccinated. The service is also open to people aged between 18 and 60. Only 10,000 doses are to be administered each day and the free inoculations will last until the end of the month.

Meanwhile, the COVID-19 Information Centre reported that 17,491,632 doses of vaccines were administered in 77 provinces between February 28th and July 30th. This comprises 13,640,179 people who have received the first jab and 3,851,453 who are now fully inoculated.

To speed up the process at all vaccination sites, including in private and state hospitals across the country, the CCSA has removed the requirement for blood pressure checks.

On Samui Island, another field hospital is due to open on Sunday, to cope with anticipated increase in COVID-19 cases, which are expected to overwhelm the existing capacities of Koh Samui hospital and the current field hospital, after 113 people were found infected in a restaurant cluster.

The new field hospital will be able to accommodate 100 patients.

Following the Phuket “sandbox” model, the resort island launched the “Samui Plus” program on July 15th, to welcome foreign tourists who are fully inoculated and screened for infection no more than 72 hours before arrival.

20 foreign tourists flew onto the island on Friday and Samui-Singapore flights are to resume operations tomorrow.

 

Source: Thai Public Broadcasting Service (Thai PBS)

New daily COVID-19 infection and death toll highs in Thailand on Saturday

Thailand’s new COVID-19 infections (18,912) and deaths (178) both reached new 24 hour highs on Saturday, according to the CCSA.

The new infections include 18,102 locally transmitted and 810 among prisoners. Cumulative infections, since April 1st this year, are 568,424 with a death toll of 4,763.

364,494 people have recovered, while 200,510 are undergoing treatment in general and field hospitals.

Bangkok had the most new infections today, with 3,668 cases, and 64 deaths. Other provinces with high infection rates included Samut Sakhon (1,178), Chon Buri (1,062), Samut Prakan (872), Rayong (670), Nonthaburi (577), Nakhon Pathom (538), Chachoengsao (437), Si Sa Ket (369) and Pathum Thani (351 cases).

The coastal province of Samut Sakhon’s communicable disease committee today ordered the closure of a car tire factory in Muang district for 14 days, after more than 170 workers were found to be infected with COVID-19.

The factory employs 1,322 Thais and 92 foreign migrant workers. Rapid antigen tests on 560 of them, on July 26th and 27th, returned positive results for 160, so the decision was taken to shut the factory down after also finding that the factory had failed to set up a field hospital in its compound to contain the contagion.

Two new clusters have been found in Bangkok in the past 24 hours. One is at a masjid in Min Buri district and the other in the Nurusyhakan community in Chom Thong district.

More clusters were also found at a cosmetic factory in Samut Sakhon, a construction worker’s dormitory in Ban Chang district of Rayong, a car tire factory in Bang Len district of Nakhon Pathom, an electronics factory in Khlong Luang district of Pathum Thani and at a poultry processing plant in Muang district of Saraburi.

Of the 178 deaths today, there were 92 men and 86 women. Bangkok logged 64 deaths, Samut Prakan, 20, 9 each in Nakhon Pathom and Nonthaburi, 8 in Pathum Thani, 7 in Pattani, 6 each in Chon Buri and Nakhon Nayok, 4 in Samut Sakhon, 3 each in Yala, Sa Kaeo, Saraburi, Phetchaburi and Suphan Buri, 2 each in Narathiwat, Nakhon Ratchasima, Maha Sarakham, Si Sa Ket, Ubon Ratchathani, Phetchabun and Chachoengsao and 1 case each in Trang, Nakhon Si Thammarat, Phuket, Surin, Kalasin, Roi-et, Sukhothai, Chainat, Kamphaeng Phet, Phitsanuloke, Rayong, Prachin Buri, Trat, Sing Buri, Ayutthaya and Prachuap Khiri Khan.

 

Source: Thai Public Broadcasting Service (Thai PBS)

OMERS Infrastructure Agrees to Purchase 19.4% Stake in Azure Power

Transaction expands Canadian pension plan’s direct investment holdings in India, while increasing its global exposure to renewables sector SINGAPORE, July 30, 2021 (GLOBE NEWSWIRE) — OMERS Infrastructure today announced that it has signed a Stock Purchase Agreement to acquire from International Finance Corporation and IFC GIF Investment Company I an approximately 19.4% stake in Azure […]

Transaction expands Canadian pension plan’s direct investment holdings in India, while increasing its global exposure to renewables sector

SINGAPORE, July 30, 2021 (GLOBE NEWSWIRE) — OMERS Infrastructure today announced that it has signed a Stock Purchase Agreement to acquire from International Finance Corporation and IFC GIF Investment Company I an approximately 19.4% stake in Azure Power Global Limited (NYSE: AZRE), for a total consideration of approximately US$219m. Founded in 2008, Azure Power is a leading independent renewable power producer located in India, with an asset base of ~2 GW of operational capacity and ~5 GW of capacity under construction or awarded.

“This agreement to invest in Azure Power demonstrates OMERS strong global interest in high-quality renewable power and energy transition assets, as well as our interest in India as an investment destination and Asia-Pacific more broadly,” said Annesley Wallace, Executive Vice President and Global Head of OMERS Infrastructure. “This transaction directly supports our mission of building a strong portfolio of well-run assets that will help pay pensions to our members over the long term,” she added.

“Azure Power’s vision is to provide affordable, clean energy in an efficient, sustainable and socially-responsible manner. OMERS is proud to be working with the management and our fellow investors to help Azure Power achieve its goals,” said Prateek Maheshwari, Managing Director, Asia, OMERS Infrastructure. “The closing of this transaction would mark our second direct infrastructure investment in India, following our 2019 investment in the IndInfravit toll road platform. In support of our goal of prudently diversifying OMERS investments across global markets, we will continue to explore additional promising opportunities in India and throughout Asia-Pacific,” he added.

OMERS Infrastructure’s global renewable energy holdings include Leeward Renewable Energy, a growth-oriented renewable energy company that owns and operates a portfolio of 22 renewable energy facilities across nine U.S. states, totaling more than 2 GW of installed capacity. Leeward is headquartered in Dallas, Texas.

The transaction is expected to close in early August. Ambit Private Limited acted as financial advisor to OMERS Infrastructure.

Contact:
Neil Hrab
Manager, Media Relations
416-369-2418
nhrab@omers.com

About OMERS and OMERS Infrastructure:
 
OMERS Infrastructure manages investments globally in infrastructure on behalf of OMERS, the defined benefit pension plan for municipal employees in the Province of Ontario, Canada. Investments are aimed at steady returns to help deliver sustainable, affordable and meaningful pensions to OMERS members.

OMERS diversified portfolio of large-scale infrastructure assets exhibits stability and strong cash flows, in sectors including energy, digital services, transportation and government-regulated services. OMERS teams work in Toronto, London, New York, Amsterdam, Luxembourg, Singapore, Sydney and other major cities across North America and Europe – serving members and employers, and originating and managing a diversified portfolio of high-quality investments in public markets, private equity, infrastructure and real estate. OMERS is one of Canada’s largest defined benefit pension funds, with net assets of C$105 billion.

For more information, please visit: www.omersinfrastructure.com

RISULTATI DEL SECONDO TRIMESTRE 2021

The following is an extract from the “CNH Industrial 2021 second quarter results” press release. The complete press release can be accessed by visiting the media section of the CNH Industrial corporate website: https://www.cnhindustrial.com/en-us/media/press_releases/Pages/default.aspx or consulting the accompanying PDF: CNH Industrial reports strong second quarter performance. Consolidated revenues of $8.9 billion (up 60% compared to […]

The following is an extract from the “CNH Industrial 2021 second quarter results” press release. The complete press release can be accessed by visiting the media section of the CNH Industrial corporate website: https://www.cnhindustrial.com/en-us/media/press_releases/Pages/default.aspx or consulting the accompanying PDF:

CNH Industrial reports strong second quarter performance. Consolidated revenues of $8.9 billion (up 60% compared to Q2 2020), net income of $699 million, adjusted diluted EPS of $0.42, and adjusted EBIT of Industrial Activities of $699 million (up $757 million). $1.0 billion free cash flow of Industrial Activities.

Financial results presented under U.S. GAAP

Net sales of Industrial Activities of $8,490 million, up 65%, with solid performance from all segments, as a result of higher volumes driven by strong industry demand and price realization.

Adjusted EBIT of Industrial Activities of $699 million (loss of $58 million in Q2 2020), with all segments up year over year. Agriculture adjusted EBIT margin at 14.7%. Adjusted EBIT of $100 million for Commercial and Specialty Vehicles, $74 million for Powertrain and $24 million for Construction.

Adjusted net income of $583 million, with adjusted diluted earnings per share of $0.42 (adjusted net loss of $85 million in Q2 2020, with adjusted diluted loss per share of $0.07).

Reported income tax expense of $188 million, with adjusted effective tax rate (adjusted ETR) of 25%.

Free cash flow of Industrial Activities was positive $1.0 billion due to the strong operating performance. Total Debt of $24.5 billion at June 30, 2021 ($26.1 billion at December 31, 2020). Industrial Activities net cash position at $1.4 billion, an increase of $0.8 billion from March 31, 2021.

Available liquidity at $14.4 billion as of June 30, 2021. In May 2021, CNH Industrial paid €150 million (~$180 million) in dividends to shareholders. In the same month, CNH Industrial Capital LLC issued $600 million in aggregate principal amount of 1.450% notes due 2026.

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