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first_imgIn the latter part of his speech, President Jokowi said ASEAN travel corridors would be crucial to maintain regional connectivity, which would be central to economic growth. In addition, Jokowi said, the arrangement could signal the strategic significance of the ASEAN community in the region and the world. “Each of these countries, even though they are grouped under ASEAN, still need to protect their citizens from COVID-19. This continues to be the main priority of each country. So it won’t be possible to have travel corridors when the response levels are not equal,” said Dicky, who was involved in the ASEAN HIV-AIDS response in the mid aughts. “The travel corridor arrangements, of course, must be done carefully, measurably and gradually, starting from essential business travel that implements strict health protocols,” Jokowi said.President Jokowi, who delivered the remarks after speeches from Brunei Darussalam’s Sultan Hassanal Bolkiah and Cambodian Prime Minister Hun Sen, said regional leaders must give clear direction to accelerate post-COVID-19 ASEAN economic recovery.A number of countries in ASEAN have begun working on details of a plan to open a passage that would allow for safe travel during the pandemic. The proposed plans include Singapore’s “fast-lane” arrangement with China as well as Malaysia’s “green lane” with Singapore and Brunei. Indonesia is also discussing a “fast lane” arrangement with China, which is expected to be open by the end of June, according to information from the Chinese Embassy in Jakarta. Indonesia has the highest cumulative total of confirmed cases, as its daily tally of new cases continues to hover around 1,000. Meanwhile, other ASEAN states such as Vietnam, Brunei and Laos have all reported zero cases over the past few weeks. Since the first COVID-19 case was confirmed in Thailand in mid-January, all 10 member states have progressed differently in their COVID-19 responses, with some countries succeeding at containing the virus and others still grappling with high rates of infection. Jokowi also encouraged digital connectivity and called for the strengthening of regional economic cooperation through the signing of the Regional Comprehensive Economic Partnership (RCEP) this year.In his opening remarks, Prime Minister Nguyen Xuan Phuc of Vietnam, which is the current chair of ASEAN, warned that the virus pandemic could cause an economic calamity as it has swept away years of economic gains in the region. Other ASEAN country leaders, including Malaysian Prime Minister Muhyiddin Yassin and Brunei Darussalam’s Hassanal Bolkiah, also tabled the travel bubble proposal, saying the plan is crucial to shore up investments and create job opportunities. With concerns over economic catastrophe taking center stage at the 36th ASEAN Summit, which kicked off virtually on Friday, some country members of the regional grouping are calling for the opening of an ASEAN travel corridor.Indonesian President Joko “Jokowi” Widodo is one of the country leaders proposing the regional travel corridor arrangement, saying it could be a crucial measure to accelerate economic recovery.”I understand that some of us, including Indonesia, have started bilateral talks both with fellow ASEAN countries and with countries outside ASEAN regarding travel corridors. However, it is time for ASEAN, as a community, to think about ASEAN travel corridor arrangements,” Jokowi said in his speech, delivered from Bogor Palace on Friday. Dicky said that countries in the ASEAN region should make controlling the epidemic a priority rather than focusing on bringing the economy back to normal.”Look at other regions. Even the EU does not treat every member equally but gives them the freedom to arrange their own travel corridors based on the pandemic control status,” he said. Epidemiologist Dicky Budiman, however, pointed out that as the COVID-19 response in the region was not uniform, with some showing some level of success in controlling the outbreak while others still facing surging cases, it would be difficult for countries to achieve a uniform travel bubble agreement.  “As a first step, we can explore the possibility of sectoral exemptions for travel restrictions such as medical tourism, or high-value economic visits,” Prime Minister Muhyiddin said as quoted by Malaysian national news agency Bernama.Malaysia’s “green bubble” or “green lanes” proposal, however, involves easing travel restrictions between two or more countries where local COVID-19 infections and cases are low. Malaysian officials have said that countries with no new cases of COVID-19 for 28 days could be considered to join the travel bubble. Foreign travelers from “green zone” countries like Singapore, Brunei, New Zealand and Australia may not need to undergo the 14-day quarantine, Bloomberg has reported. Topics : “It has swept away the successes of recent years […] threatening the lives of millions of people,” Prime Minister Xuan Phuc said in a sobering opening address as quoted by Agence France-Presse. He emphasized the “serious consequences” of the pandemic for economic development among ASEAN’s members.The Vietnamese prime minister also said that in the coming months, ASEAN leaders would face a “heavy burden” to lead the region out of the difficult times. “The successful completion of this task will stand as a testament to the lasting values and vitality of our resilient and dynamic community,” he said.According to the latest International Monetary Fund (IMF) forecast, world economic growth would be lower than previously estimated, from minus 3 percent to minus 4.9 percent, making the crisis the worst economic contraction since the Great Depression in the 1930s.last_img read more

first_imgNicholas Given of Ray White New Farm believes open homes are where your agent must shine – “Forget about everything else”..NOT sure about your real estate agent? Here’s a way to test if you need to steer clear.Real estate agent Nicholas Given, who has a five star rating on Rate My Agent, recommends sending a friend out to open homes to report back on the attention they receive from the agent in question.More from newsMould, age, not enough to stop 17 bidders fighting for this home2 hours agoBuyers ‘crazy’ not to take govt freebies, says 28-yr-old investor8 hours agoIn his case, he sent out someone who wanted to make real estate his future career, but the idea is the same.“Last Saturday I sent him to six different open homes to gauge the difference in quality of agents across the board. He reported back with glowing references of two agents and the rest were horribly poor,” he said in his Property View from the Outer newsletter.“One agent in particular did not take the buyers’ details, did not know anything about the apartment, did not engage in conversation at all, locked up early and did not follow up the buyer on the Saturday afternoon or the following Monday. It baffles me.”He said the proof was in how they conducted themselves with potential buyers.“If you are currently on the market, send a friend through your own open house. If you are thinking about selling, go through a few open homes yourself. Forget about everything else. The proof will be in the pudding … Not getting the result is one thing, but not getting the result because your agent doesn’t follow up is unforgivable.”last_img read more

first_img32 Becker Place, Mount Ommaney.A three-storey mansion is setting new standards and is unlike any other home constructed in Brisbane.Priced at $6 million, the property at 32 Becker Place, Mount Ommaney, is four years old and features five bedrooms and six bathrooms. FREE: Get the latest real estate news direct to your inbox here. Take a look at 32 Becker Place, Mount Ommaney.NGU Realestate — Toowong selling agent Emil Juresic said the concrete home, known as Razor House, would sell for more than $30 million in Sydney.Mr Juresic has marketed the property as being one of the city’s highest waterfront properties, with more than 100 piers embedded into solid rock form its hilltop foundation.More from newsMould, age, not enough to stop 17 bidders fighting for this home2 hours agoBuyers ‘crazy’ not to take govt freebies, says 28-yr-old investor2 hours agoStandout features of the home include a 10-seater three tiered French inspired cinema with a cocktail cabinet and games table for poker nights.On the bottom level there is a custom built Alpine stone bar. BRISBANE’S BEST ‘LAKE SIDE’ HOUSE 32 Becker Place, Mount Ommaney. COASTAL WONDERLAND The magnesium pool at 32 Becker Place, Mount Ommaney.There is also a magnesium horizon pool with a deck, spa and pool house including a shower and toilet.Well known builder Thallon Mole Group constructed the home and was inspired by the 2858sq m hilltop location overlooking the western suburbs, two Brisbane River reaches, farmland and distant mountains. 32 Becker Place, Mount Ommaney. Known as Razor House, the home is at 32 Becker Place, Mount Ommaney. The room perfect for poker nights at 32 Becker Place, Mount Ommaney. 32 Becker Place, Mount Ommaney.Mr Juresic said the three-storey central void was reminiscent of foyers existing in only the most prestigious international hotels.The middle level is for sharing and includes a children’s wing featuring three ducted air conditioned bedrooms set slightly off from each other to capture uninterrupted private views from the individual balconies.Mr Juresic said the 12-car garage was an obvious indication that an astonishing family retreat was beyond the front door.last_img read more

first_imgThe cost of using derivatives is set to climb by as much as 10 times current levels under new European rules, according to analysis firm OpenGamma – and pension funds should act soon.Under the European Markets Infrastructure Regulation (EMIR), counterparties for a range of over-the-counter interest rate and credit default derivatives will be required to use clearing houses. Pension funds have so far been exempt, but European regulators have yet to agree whether this exemption will be extended, or for how long.OpenGamma said its research showed that new margin rules for uncleared over-the-counter (OTC) derivatives under EMIR could increase the cost of financing by up to 10 times. Pension funds, many of which could be drawn into scope of the new rules from September 2019, could save 50% in initial margin costs by choosing to clear voluntarily before the rules come in, the firm said.Peter Rippon, OpenGamma’s chief executive, said: “While a few market participants will be caught out this month, the real big bang for pension funds is still to come.”He said “a monumental headache” awaited because many investment managers would be carrying out huge amounts of work all at the same time.“Let’s face it, this is probably not what the rulemakers had in mind when they devised this phased-in approach,” he said.The margin requirements – which mean derivatives investors must hold capital behind the derivatives they buy – are being phased in this September for entities with group notional amount above €2.25trn, and then for entities with successively lower notional amounts next September and the following two Septembers.With no pension funds in scope in this month’s phase-in, OpenGamma said pension funds could save 0.7 basis points for a 10-year derivative trade, increasing to 1.8 basis points for a 30-year trade.last_img read more

Xodus Group Appoints Renewables Director

September 28, 2020 | xppcyhzz | No Comments

first_imgThe Scottish engineering and advisory consultancy Xodus Group has appointed Peter Tipler as the Renewables Director with an aim to help drive growth across the sector.According to Xodus, Tipler has been with the company for almost ten years working at a number of positions in the renewable energy, environment and decommissioning divisions.“I’m honoured to take on the role and hope my experience and knowledge of the projects over the years will allow Xodus to build up the capabilities right across the renewables industry – from wave and tidal to offshore wind,” Tipler said.“We have a long history of working in the sector. Our view is that offshore renewable energy is a fundamental part of the global future energy mix. We aren’t waiting for it to happen, we are making it happen.”Xodus partnered with Green Marine in 2017 to launch an integrated service for the maintenance of offshore renewable assets by combining its integrity management software tool XAMIN to capture and monitor live data from offshore assets with Green Marine’s physical offshore inspection and repair services.Earlier this year, the Aberdeen-based consultancy firm announced that Subsea 7 is acquiring a 60% holding in the company from Chiyoda Corporation, which is retaining a 40% stake as a joint venture partner.last_img read more

Court receives four takeover offers for Bourbon

September 28, 2020 | xppcyhzz | No Comments

first_imgThe Marseilles Commercial Court has received offers for concerning assets and activities of Bourbon Corporation and Bourbon Maritime.Source: BourbonBourbon said on Friday that four candidates submitted an offer to the Marseilles Commercial Court.In accordance with the conclusions of its judgment of November 18, the Commercial Court set December 10 as the date for review of the takeover bids.The company added that this context doesn’t allow a resumption of the listing of Bourbon Corporation shares and bonds. The shares have been suspended from listing on Euronext Paris since October 9.It is worth reminding that Offshore Energy Today reported on the court receiving an offer for the takeover of Bourbon back in early October.At the time, the takeover offer for the struggling French offshore vessel owner was made by a company owned by a group of French banks.As for the reorganization proceedings, they have been opened since August 7, 2019. Bourbon requested the opening of reorganization proceedings further to the guarantees redeemed by Chinese company ICBC Leasing for an amount exceeding $800 million.The reorganization proceedings are a collective procedure that freezes the liabilities existing at the beginning of the procedure during the observation period, which can last up to 18 months. The purpose of this procedure is to enable the debtor to present a plan for the continuation of his activities by reorganizing his debt – which may be spread over a maximum period of 10 years – and to ensure his recovery.Offshore Energy Today StaffSpotted a typo? Have something more to add to the story? Maybe a nice photo? Contact our editorial team via email. Also, if you’re interested in showcasing your company, product or technology on Offshore Energy Today, please contact us via our advertising form where you can also see our media kit.last_img read more

first_imgLocalNews Prime Minister to present $432,598,384 budget this morning by: – June 29, 2011 Sharing is caring! Share Share Prime Minister Roosevelt Skerrit.The Prime Minister of the Commonwealth of Dominica will this morning present the 2011/2012 Budget address at the First Meeting of the Second Session of the Eighth Parliament under the 1978 Constitution.Mr. Skerrit is expected to move a motion for the approval of estimates of expenditure for the financial year ending June 30th, 2012 amounting to $432,598,384.00This address will aslo be streamed live on Vibes Radio (www.vibesradio.dm) from the Parliament building from 10:00am to our viewers.This is the first time that the budget presentation will be streamed live on the internet and Vibes Radio will be a part of this significant occasion.Dominica Vibes Newscenter_img 10 Views   no discussions Tweet Sharelast_img read more

first_imgILOILO City – The city government here shortened curfew hours while the city is under the modified general community quarantine (MGCQ). These include those who work at Business Process Outsourcing (BPO) and Knowledge Outsourcing (KPO) companies; warehouses and logistics; ports, arrastre, food manufacturing, storage and preservation, hospitals, media, and other similar businesses or occupations. On Tuesday, July 21, Mayor Jerry Treñas signed Executive Order (EO) No. 103 Series of 2020, imposing a modified curfew which starts at 12 midnight and ends at 4 a.m. Treñas’ latest directive was posted on the Iloilo City Government’s official Facebook page.  Iloilo City is under “medium risk” MGCQ until July 31 as per EO No. 86-I signed by Treñas on July 17. (With a report from PIA-6/PN)center_img All persons shall continue to observe the curfew for the period covered by the MGCQ until the classification is lifted or extended by the National Inter-agency Task Force (IATF).  The EO may be amended as the need arises or upon recommendation of concerned national government agencies or the IATF. Those whose work arrangements and occupations require them to go to work beyond the curfew hours are exempted.last_img read more

first_imgSt. Louis 7/8 girls basketball invitational was this past Saturday.The 7th grade girls placed 3rd in this tourney.First game held that morning St. Louis fell to St. Bartholomew’s 30-3. Molly Wachsmann and GiGi Dreyer were leading scorers. Sydney Schutte led in rebounding.The second game was played against Milan that afternoon. St. Louis won this game 18-16 it was a nail biter. Getting our points was Betsy Harmeyer with 10, Grace Mack with 4, GiGi Dreyer with 2, and Sydney Schutte and Grace Eckstein with 1 each. Rebounding for the Lady Cardinals were Sydney Schutte, GiGi Dreyer, Grace Laudick, Grace Mack, Grace Eckstein, Molly Wachsmann, and Chloe Meadows.Team players were Betsy Harmeyer, Chloe Meadows, GiGi Dreyer, Grace Eckstein, Grace Laudick, Grace Mack, Mindy Eckstein, Molly Wachsmann, and Sydney Schutte.Courtesy of Cardinals Coach Erin Trenkamp.St Louis school hosted their 3rd annual 7/8 girls basketballinvitational Saturday and the 8th grade Lady Cardinals were8th grade champions.In the morning round St. Louis defeated St. Bartholomew’s 25 to 24on a last second shot by Hailey Mohr.St Louis defeated Milan in the championship game by a final score of 33 to 28.Both games were close throughout. Second half free throw byAvery Roell and Harlee Masavage secured the championship gamefor St. Louis.  However strong team play with each player doing their job were the key to the vicorires.Team players are, Hanna Hurm, Sarah Preston, Hailey Mohr, Kate Poltrack, Kate Burkhart, Harlee Masavage, Avery Roell.Courtesy of Cardinals Coach Mike Burkhart.last_img read more

Wildcats And Patriots Soccer Ends Up Tied

September 24, 2020 | xppcyhzz | No Comments

first_imgFranklin County and Union County battled to a draw last night 1-1, culminating in each team scoring once in the last three minutes of the game.Alex Hedges scored the equalizing goal of the match with a little over two minutes remaining. The defense played strong and stout for most of the game, only being breached once by a once-in-a-lifetime goal.The ‘Cats hit the practice pitch tonight in preparation for East Central tomorrow.Courtesy of Wildcats Coach Daniel Gartenman.last_img