FacebookTwitterLinkedInEmailPrint分享Live Mint:NTPC Ltd will help Mali develop a 500 MW solar power park, a statement by the state-owned power generator said Wednesday. India’s largest power generation utility has been awarded the project management consultancy contract by the West African nation, making it the second country after Togo to do so.This comes in the backdrop of Indian state-owned firms including Solar Energy Corporation of India’s plan to land overseas business under the aegis of International Solar Alliance (ISA), as China continues to co-opt countries into its ambitious One Belt One Road initiative.According to information reviewed by Mint, of the 500 MW solar park capacity, 450 MW will be connected to Mali’s national power grid.With an installed capacity of 62 GW, NTPC is targeting similar contracts to help set up 10 giga watt (GW) capacity in ISA member countries, NTPC said in the statement. NTPC accounts for nearly a fifth of India’s installed power generation capacity of 370 GW.ISA is the first treaty-based international government organization headquartered in India and is increasingly being viewed as a foreign policy tool. Its strategy is to leverage the demand from the member countries to reduce costs by aggregating the demand from member nations and then call for tenders. It has aggregated demand for solar pumps, rooftops, mini-grids, parks and home systems that require around $5 billion of financing requirement.“Solar parks are being showcased as a best practice from India which had started solar parks as a novel concept and has commissioned a number of projects, thus bringing down cost of solar energy substantially, bringing in investment, creating employment and benefitting the environment in the process,” the statement said.[Utpal Bhaskar]More: NTPC to help Mali develop 500 MW solar park India’s NTPC tapped to help Mali develop 500MW solar park
BRO – We are featuring “All Hands” on this month’s Trail Mix. What’s the story behind the song? TB – This is a song about my past and growing up in the west end of St. John’s, a place and a time I’ve thought about more than ever now that I’ve moved away. More than ever, too, I’ve been really into making songs that are personally significant to me. So, slowly, this chorus that I couldn’t stop singing grew into a sort of nostalgic anthem about going back home and back to the past, if not in life then at least in death. I guess it’s a song of homesickness and youthsickness on my part, and perhaps, to a degree, I was thinking of the Newfoundland diaspora at large, or any diaspora really, of which you may encounter many here in Toronto. But it ends up celebratory, sort of reveling in the fact that there is this place that is an inescapable part of me, along with all the people there that I’ve loved and learned from and been shaped by. And it feels like an inescapable part of your past must inevitably be part of your future as well. One of my favourite things is when a reason for despair turns out to be also a reason for celebration, almost simultaneously. It feels good to sing this. And be sure to check out “All Hands,” along with new tracks from The Yawpers, Shovels & Rope, Mekons, and Driftwood on this month’s Trail Mix. Now, founding member and singer Tim Baker is returning with his debut solo record, Forever Overhead, which will be hitting the streets next week. Drawing from a wellspring of 70’s era songwriters whose songs punctuated his childhood, Baker, on his new record, has curated a simply gorgeous set of songs. TB – Oh my. Well, it depends on what you like. If you like mountains and sun and wildlife and walks by the water, then I was say you out to go to Gros Morne National Park. If you like a pint and a tune and a few tall tales, then I’d go roam around downtown St. John’s, namely Bannerman Brewing Company or Mallard Cottage or The Duke, but there’s plenty of places to find. Really, wherever you go, you’ll be alright. You’ll want to find someone older and have a cup of tea with them if you can. And get out in a boat. But, for Godsakes, bring a jacket. Tim Baker will be celebrating the release of his new record with two shows in his hometown of St. John’s – most likely jacket clad – next weekend. Early May will find him in the USA, with shows in New York, New Jersey, Virginia, Vermont, and Massachusetts on the calendar. For more information on Tim Baker, his touring schedule, or how you can grab a copy of Forever Overhead, please surf over to his website. Go ahead. Ask me who my favorite band from Newfoundland is. Well, Hey Rosetta! of course! TB – You know, it is important to me. And I knew that, of course, we all know that, but it hit me really hard when I did move up to Toronto. At home in Newfoundland, I used to be a five minute drive to the ocean or the woods. Now, it takes me an hour to get to any real sort of open space. I suppose an hour, but I don’t really know to be honest. I don’t get out into it much. It’s been a busy year here in the city. But I walk and run in the park by my house, which is a real park with trails and such. And just yesterday I was walking and I had to take out my phone and take a picture because the trees looked so good and I thought how amazing it was that, after all I’d seen that day, as I’d been working on my computer in the seven hours prior to this on the internet, which has anything you could ever want to or not want to see, that I was still so moved by a couple of trees in the dirt that I had to capture it and then digitize it to share it! I believe the Earth is the purest and wisest and most fundamental, important, and beautiful thing we have and I try to live according to that. TB – Well, not to take the question too literally, but I feel good when I look at it, mostly because the design of the record, by Nico Paulo, is so good. As to whether it’s strange to see my name there instead of my band’s name, I hadn’t really thought about it. Just today, actually, I was laying my copy onto my record shelf and had a moment where I couldn’t decide whether to put it next to the Hey Rosetta! records, in their own little section, or whether to put it off on it own with the Ts. I lay it there with the others. How far we should read into that, I don’t know. BRO – If I had to spend one day in Newfoundland, what is my one can’t miss destination? In the run up to the album’s release, Baker also released a tremendous video for the single “Dance,” which was directed by long time friend and fellow Newfoundlander Jordan Canning, known for his work on the delightfully irreverent comedy Schitt’s Creek. TB – Ron Hynes is a legendary songwriter from home that never fails to inspire me to write harder. Amelia Curran is similarly gifted. If you’re ever in St. John’s and The Pathological Liars are playing, you should see that, but they haven’t recorded now in years. And I just saw this new band, Villages, the other day. They’re actually from Nova Scotia, but they are very much worth mentioning because they are doing their Cape Breton Celtic thing in such a cool and refreshing way. I recently caught up with Tim Baker to chat about venturing out as a solo artist, finding time to get outside, and where I should go if I find myself in Newfoundland. BRO – Any other musicians from Newfoundland that our readers should check out? BRO – Nature seems to be pretty important to you. How do you satisfy the itch to get outside while living in Toronto? BRO – How does if feel to have your name on the cover of this record after years of recording with Hey Rosetta!? Now, for full disclosure, I have to admit that Hey Rosetta! was the only band I knew of from Newfoundland before I wrote this, but they were a damned good one prior to taking a hiatus in late 2017, having garnered numerous JUNO and Polaris awards in their native Canada.
This version has been updated from the original that appearsin the February print edition of the Long Island Press. Sign up for our COVID-19 newsletter to stay up-to-date on the latest coronavirus news throughout New York Okay, so now we’re all armed. Present company included. Great job, America. Now what?The debate over gun control would be uproarious if it wasn’t so pitiful. In typical American fashion we have taken to the streets and airwaves in the aftermath of Sandy Hook to engage in an irrational debate that, once again, places misguided ideology over common sense and humanity. If we’re going to have this conversation, let us at least place the discussion within its proper historical context so we may raise a more troubling question:Why bother taking the guns when you can indefinitely detain their owners?Lost in the emotion surrounding the debate over the Second Amendment is a far more insidious assault on the First Amendment. In no way am I diminishing the consternation over our right to bear arms as citizens; rather, I’m making a pragmatic case for a far more clear and present danger than the idea that federal agents will show up at our doorstep to commandeer our weapons. Before we get to this larger and more important point, let us dispense with the ridiculous.Of course, we shouldn’t sell guns to crazy people, just like we don’t give a driver’s licenses to blind people. Of course, citizens shouldn’t own military-style weapons with enough ammunition to wipe out a village. Newsflash: the government has neither the authority nor the desire to seize our guns. We hold the dual distinction of being the planet’s most armed nation and its biggest dealer of arms. What does this mean? The gun culture is here to stay because it’s profitable as hell.And another thing: Stop yelling sanctimoniously about what the Founding Fathers would say. Find out what they did say. Media pundits insult our intelligence by twisting the meaning of the Constitution and the rationale behind it. So instead of arming yourself with high-capacity weapons, arm yourself with knowledge and learn about the Second Amendment from those who wrote it.Founding Father Knows BestDuring the two short years between the ratification of the Constitution and the introduction of the Bill of Rights, three of the greatest minds in America publicly explored the rationale behind the country’s founding document. A trio of intellectual giants writing interchangeably under the name Publius—Alexander Hamilton, John Jay and James Madison—produced a collection of essays now known as The Federalist Papers. They are essentially crib notes to the Constitution left behind by the Founding Fathers.These are treasured breadcrumbs of reasoning that lead us to understand that the great military concerns of the day were whether or not to allow a standing army and how to prevent one state from acquiring military dominance over another. (The nascent nation could ill-afford Virginia to sack Rhode Island.) This dilemma was at the heart of the federalist argument for a centralized authority. At the same time, the Founding Fathers knew that the great balancing act of the day was in maintaining enough military force to defend against external foes while simultaneously preventing armed insurrections from within.Publius reasoned that neither citizens nor tyrants should have the ability to circumvent our legal system, therefore arms and force should be evenly rationed but employed by a central government when necessary. (For the politically impaired, this is the part about a well-regulated militia.) The framers of the Constitution were dubious when it came to having full-time, professional soldiers. After all, these men were revolutionaries themselves who intimately understood the danger of uprisings. Moreover, America was also flat broke and could never have paid for a standing army. They did, however, believe Congress should have the ability to organize a militia when necessary.It was Hamilton (as Publius) who offered the most succinct viewpoint on the military. “To render an army unnecessary will be a more certain method of preventing its existence than a thousand prohibitions on paper.”To have an army or not? If so, how best to regulate it? This was the debate. The easiest way to raise a militia was to call upon the armed citizenry should the need arise. (This is the right to bear arms part.) More importantly, it was cheap. The ability to compensate servicemen would become one of Hamilton’s central arguments in favor of a national bank—a far more delicate subject at the time than the right to bear arms would ever be.It’s fair to say even the Founding Fathers could never have imagined modern warfare and the rise of the military industrial complex. Nor could they have imagined the destructive capability of assault weapons in the hands of citizens. This much is clear from their writings: the Founding Fathers would have punished any idiot who attempted to stockpile enough weapons to take on the government long before they tolerated government prohibition of speech.On several occasions our founders saw fit to violently quell popular uprisings in order to preserve the central authority of the union. In this there was great philosophical unity among them. They argued more about banking than guns and cared more about protecting speech than organizing militias. It was John Adams who created a divide among them when, as president, he passed the Alien and Sedition Acts, jarring both Thomas Jefferson and James Madison out of retirement; not because they were fearful of his demagoguery with respect to force, but because these acts took away a more sacred right: free speech.This brings us to the larger issue at hand.Just as Jefferson and Madison recoiled at the behavior of Adams once in office, the great intellectual giants of our day have come together to challenge President Barack Obama’s authority.The man who released “The Pentagon Papers” and forever changed the way in which we view our involvement in Vietnam. The award-winning multilingual journalist who quit the New York Times because it was too tepid and conservative. America’s foremost dissident who has influenced generations of thinkers and helped shape liberal intellectualism. When Daniel Ellsberg, Chris Hedges and Noam Chomsky, along with some of the world’s foremost political activists such as Jennifer “Tangerine” Bolen – the organizing force of the plaintiff’s team – join together to bring suit against you in U.S. federal court it’s fair to say you have a problem.Such is the predicament Obama finds himself in today. The above group has brought suit against the government for infringing upon free speech as defined by the Constitution. Thus far, and thankfully, they are winning. Their lawsuit (which I refer to herein as the Hedges suit) not only challenges the government’s unconstitutional behavior, it casts a light on a dangerous trend in America and exposes a surprising secret weakness in the White House and the Justice Department.Incarceration Nation“There are now more people under ‘correctional supervision’ in America—more than six million—than were in the Gulag Archipelago under Stalin at its height.” —Adam Gopnik, The New Yorker, 2012.The woeful mash-up of Conservatives, Libertarians, Tea Party loyalists and Democrats who wouldn’t know a liberal idea if the ghost of Gore Vidal whispered it to them, are so busy deconstructing America’s gun culture they have ignored a more alarming cultural trend: the culture of incarceration.In addition to being the most armed nation in the world, America also has the greatest percentage of its population behind bars. While this trend has steadily risen over the past few decades, it has gained a level of acceptability in the post-9/11 era. Perhaps, this is why so few bristled at the passage of the provision the Hedges suit aims at.The plaintiffs in this suit have made the case in federal court that the Obama administration and Congress violated the First Amendment with the signing of the National Defense Authorization Act (NDAA) of 2012. The Act is a routine bill that organizes defense spending for the year and typically garners little attention from citizens and the media. But the 2012 Act contained a new provision authored in secret by Sen. John McCain—known as Section 1021—that was so alarming it prompted the above suit.Essentially, Sec. 1021 expands the scope of existing law that allows the government to hunt terrorists in connection with 9/11 to include anyone seen as providing “substantial support” of terrorism. Ever. Anywhere. The provision offers vague language that attempts to couch it within existing statutes but its very existence is evidence that the government is seeking more expansive authority.In September of 2001 the White House put forward several provisions that gave the government the power to prosecute those responsible for the terrorist attacks on 9/11. The joint resolution—the Authorization for Use of Military Force (AUMF)—passed Congress quickly and included nearly everything the Bush Administration requested. Everything, that is, except a provision that could have been interpreted as granting the government the ability to militarily detain U.S. citizens. This denial was subsequently upheld by the U.S. Supreme Court.The Hedges suit argues that the broadness of Sec. 1021 and vagueness of the “substantial support” language endanger journalists and activists and theoretically expose U.S. citizens to indefinite military detention.Katherine B. Forrest, district judge in the U.S. District Court Southern District of New York, presided over the opening salvo of the Hedges suit and delivered a resounding victory to the plaintiffs, and an injunction against enforcement of Sec. 1021, excoriating the government and its case in the process. In her decision she states, “The Government was unable to provide this Court with any assurance that plaintiffs’ activities…would not in fact subject plaintiffs to military detention.”For its part, the government’s sole defense seemed to be inaction: If no one has yet been detained, then obviously there is no cause for alarm. Basically, their defense is that even though Sec. 1021 says that the government can punch you in the face if it doesn’t like your shirt, it hasn’t done it yet; therefore we must assume it won’t. Judge Forrest wasn’t buying it. Her decision examines various laws pertaining to what the government defines as criminal statutes related to terrorist activities of behavior in “material support” of such activities. In each case, laws are clearly designed to honor due process. She further argues that the plaintiffs are rightly concerned that Sec. 1021 falls outside the scope of constitutionality with respect to habeas corpus and is therefore not consistent with any legal precedent.This is where it gets really, really interesting.Judge Forrest: “Section 1021 appears to be a legislative attempt at an ex post facto ‘fix’: to provide the President (in 2012) with broader detention authority than was provided in the AUMF in 2001 and to try to ratify past detentions which may have occurred under an overly broad interpretation of the AUMF.”Whoa.President Obama doesn’t have a journalism problem. He’s not afraid of liberal scholars, protests, or homegrown terrorism on the rise because of access to Jihadist websites. Barack Obama has a Guantanamo problem.Ah, Guantanamo. Hundreds of suspected terrorists or their affiliates have been brought here for questioning. Scores have been indefinitely detained. Recall then-candidate Obama’s assurance that Gitmo would be closed. Upon becoming president, it didn’t take long for the political reality to set in that the remaining prisoners weren’t coming ashore to stand trial anytime soon.On the one hand, the government makes the case that Sec. 1021 is no different than existing authority granted under the AUMF. On the other hand, the government stands by the need for this provision to continue its mission to find and prosecute suspected terrorists, as though AUMF isn’t sufficient enough. Judge Forrest barely shields her disdain for this conflicting stance and rightfully concludes that “Section 1021 is, therefore, significantly different in scope and language from the AUMF.” She goes on to wag her finger at the attorneys for the government, saying, “Shifting positions are intolerable when indefinite military detention is the price that a person could have to pay for his/her, or law enforcement’s, erroneous judgment as to what may be covered.”Back to Hedges et al. for a moment. Stymieing the government’s continued attempt to cover up potential war crimes at Guantanamo may have been an incredible, yet unintended consequence of the Hedges suit. Remember, the plaintiffs in the Hedges suit aren’t suing over Guantanamo. That’s a different fight. Rather, they take issue with the inherent danger of the language to citizens, activists and journalists. Nevertheless, Sec. 1021 is still on the books as the suit is pending appeal. And regardless of whether or not any U.S. citizen has been specifically detained as a result of its passage (and how would we know?) it must disappear.For his part, President Obama issued a signing statement distancing his presidency from Sec. 1021. But actions speak louder than words and in many ways he has been far more active in assaulting civil liberties than President George W. Bush ever was. Whether through the wide use of drone strikes in Pakistan, Yemen and Somalia or numerous examples of prosecutorial overreach—most recently the tragic case of “hacktivist” Aaron Swartz—or the failure to speak out against the alphabet soup of dwindling liberties (SOPA, PIPA, FISA) Obama has given the public little evidence that he cares about this issue. Perhaps even more troubling is that his tenure as a constitutional law professor has been touted so often that one can only assume he understands the complexity of the issue but has chosen to ignore it, or worse take advantage of it. Bush was able to play the no-nonsense (you’re either with us or against us) cowboy card. Obama has chosen to play the steely intellectual card, and in doing so has created legitimate cause for alarm.All of which brings us back to the gun debate. As much as I am sympathetic to the right to bear arms, I refuse to capitulate to the cheap argument that it includes the right to possess combat-style weaponry. Furthermore, I’ve grown weary of the ignorant protestations from right-wing figures who poison the words of the Founding Fathers and miss the bigger picture altogether.The more we divorce ourselves from the notion of liberty, the more abstract it becomes; the more divisive our discourse, the more perilous our future. The vociferous gun debate obscures the very real, current and existing assault on our civil liberties. And know this: Were they alive today, not only would Hamilton, Jay and Madison have joined Ellsberg, Hedges and Chomsky as plaintiffs in this lawsuit, they would challenge every right-wing blogger, talk radio host and television pundit who twisted their words to a duel.With a pistol, not an assault rifle.
Sign up for our COVID-19 newsletter to stay up-to-date on the latest coronavirus news throughout New York New York State police are asking for the public’s help in finding a 72-year-old fugitive wanted for killing his 19-year-old son and the victim’s 21-year-old female friend in Southampton 30 years ago.Police released this age progession images of the suspect.A warrant was issued for the arrest of William Fischer after he was indicted on two counts of second-degree murder on Feb. 25, 1987, but investigators have been unable to find him since his vehicle was found abandoned two days later at John F. Kennedy International Airport.Fischer was charged with shooting his son, Billy, 18 times and twice stabbing his son’s friend, Nancy Hyer, in his home on Dec. 10, 1986, police said. Eleven days later, their bodies were found in the trunk of Hyer’s vehicle, which was left at the Southampton Elks Club.Investigators believe that Billy, who suffered from cystic fibrosis, asked his father for money to help cover mounting medical bills. The next day, Billy called Hyer and asked her to pick him up from his father’s house. That’s when authorities believe William killed them both and put their bodies in the trunk of Hyer’s vehicle, police said.Investigators searched the suspect’s home, where they found blood and fibers matching the victims’ in the vacuum cleaner as well as bullets in the walls, police said. Luminol sprayed throughout the house also revealed blood had been cleaned off the walls, police said.Fischer is described as 72 years old, 5’11” tall, 185-200 pounds with salt and pepper hair and blue eyes. Police released age progression photos of the suspect to show what he may look like now.State police ask anyone with information on William Peter Fischer’s whereabouts to call them at 631-756-3300.
See it!Get the Timberland Jayne Waterproof Teddy Fleece Fold Down (originally $160) on sale with free shipping for just $110, available from Zappos!We’re thrilled that these boots are on sale right now — the timing is key! As we prepare ourselves for the frigid temperatures winter will surely bring, these boots will make an excellent addition to our shoe racks. They’re not too heavy, they can handle the changing climate and they will match with so many ensembles.Oh, and let’s not forget to mention the positive reviews about these boots. Shoppers claim they’re the best winter footwear option around — and you can score these five-star rated boots on sale!See it: Get the Timberland Jayne Waterproof Teddy Fleece Fold Down (originally $160) on sale with free shipping for just $110, available from Zappos!Not what you’re looking for? Check out more styles from Timberland and shop all of the boots and booties on sale, available from Zappos!Check out more of our picks and deals here!This post is brought to you by Us Weekly’s Shop With Us team. The Shop With Us team aims to highlight products and services our readers might find interesting and useful, such as face masks, self tanners, Lululemon-style leggings and all the best gifts for everyone in your life. Product and service selection, however, is in no way intended to constitute an endorsement by either Us Weekly or of any celebrity mentioned in the post.The Shop With Us team may receive products free of charge from manufacturers to test. In addition, Us Weekly receives compensation from the manufacturer of the products we write about when you click on a link and then purchase the product featured in an article. This does not drive our decision as to whether or not a product or service is featured or recommended. Shop With Us operates independently from advertising sales team. We welcome your feedback at ShopWithUs@usmagazine.com. Happy shopping! Timberland Jayne Waterproof Teddy Fleece Fold Down (Light Brown Nubuck) Zappos- Advertisement – Sponsored content. Us Weekly receives compensation for this article as well as for purchases made when you click on a link and buy something below.Timberland boots are some of the most iconic shoes on the market. They’ve been around for decades, and their staying power is proven — particularly in cold weather hubs like New York City. You may think that Timberland boots are bulky and for the boys, but they actually produce fabulous footwear for women with a relaxed, feminine touch!- Advertisement – These boots are lined with a warm and cozy fleece material, which is ideal for the upcoming winter season. Timberland boots are renowned for being weatherproof, so they can withstand nearly any type of snow, rain or sleet that you may encounter. These shoes are designed in a lace-up style that reaches all the way up past the ankle. They’re made from a suede leather, which is super flexible. You can leave them up, or fold them down to reveal the fuzzy lining for a trendy, Aspen-approved look.As with all Timberland boots, they’re stamped with the tree logo on the side toward the back of the heel. And speaking of the heel, this boot has a low profile that measures just about an inch high, which is suitable for everyday wear. There are different variations of the classic Timberland style that have been modified to fit a wide variety of customer needs, like this pair we just spotted on Zappos! Not only are they true to the brand’s DNA, they’re on sale for over 30% off. Seriously!Timberland Jayne Waterproof Teddy Fleece Fold Down (Wheat Nubuck) ZapposSee it!Get the Timberland Jayne Waterproof Teddy Fleece Fold Down (originally $160) on sale with free shipping for just $110, available from Zappos!- Advertisement – – Advertisement –
The Philippines is extending its tax incentives, which should have been valid until the end of this year, for another decade to boost investment in the tourism sector in an ambitious goal of attracting 12 million tourist arrivals by 2022, Skift reports. Jose C. Clemente III, president of the Philippine Tourism Congress, which is made up of representatives of the private tourism sector, also agrees with Lim. “This incentive package is welcome, but we should now look for investors who would be interested in investing in the Philippine tourism industry so that we can take full advantage of these incentives. In addition to the incentives themselves, the business establishment process needs to be facilitatedHe said. Samie Lim, chairwoman of the tourism committee of the Philippine Chamber of Commerce and Industry, said that “in tourism there are five key factors – arrivals, access, accommodation, attractions and activities. All of these factors need to work hand in hand and should be stimulated by investment to keep the Philippines on par with the best regional and global destinations. The Philippines has beautiful attractions, but they are useless if there are no roads to take tourists to them.” In the first quarter of 2019, the Philippine Investment Committee recorded about $ 112 million in investments in six new accommodation facilities in the provinces of Cebu, the largest tourist destination, and Marinduque and Metro Manila. That’s almost five times more than the $ 19 million investment in two hotels in the same period in 2018. But despite the numbers, Lim believes there is still plenty of room for growth, especially in the arrivals of foreign tourists. In Southeast Asia, the Philippines ranked only sixth in 2017 in terms of arrivals, behind Thailand, Malaysia, Singapore, Indonesia and Vietnam. Arrivals rose 15 percent to 7,2 million in 2018, from a year earlier, and by more than 100 percent from 3,5 million arrivals in 2010. The Ministry of Finance considers the law unnecessary. Carlos G. Dominguez III, Secretary General of the Ministry, stated that “entrepreneurs who plan to open a hotel would open it without tax incentives”. However, the new law also has its critics. Source: Shift Since 2010, the Philippines has intended to develop the tourism sector as a key factor in economic growth. According to the six-year plan, the Duterte administration intends to reach 12 million tourist arrivals by 2022, compared to the number of 6 million recorded in 2016. The goal is to increase revenues from foreign tourism to $ 17,7 billion by the end of the administration’s term in 2022, with previous 6,8 billion in 2016 The ministry seeks to repair the outdated tax system by simplifying the corporate tax structure and improving the system of fiscal incentives in favor of foreign companies that actually contribute to the country’s development. The National Tourism Development Plan also aims to increase the share of employment in the sector to 14,4 percent of the total rate from 13 percent recorded in 2016. The new law, signed by President Rodrigo R. Duterte on April 10, contains a range of incentives, including a six-year tax exemption, duty-free imports of capital goods and services, a net operating loss carry-out as an alternative tax system, and tax breaks for environmental protection and cultural heritage. Barry Robinson, president and CEO of the Wyndham Hotel Group for Southeast Asia and the Pacific, said he would have “at least six brands in the Philippines over the next three years. It is the hotel group’s effort to hit all market segments in the Philippines that is driven by a growing number of arrivals.”
Denmark’s PenSam is to expand its in-house asset management team, after internal equity portfolios outperformed those overseen by third-party managers.Benny Burchardt Andersen, CIO at the DKK100bn (€13.4bn) pension provider for employees of Danish municipalities, said a decision reached in 2010 to increase the level of internal active management of equities had paid off – both in absolute and relative returns.He told IPE’s How We Run Our Money that the provider’s current approach to external equity managers was “close to being a passive strategy”, albeit with an enhanced mandate.“In other words, while the external managers are tracking companies, PenSam uses internal tactical management as a second layer incorporating its views on different regions, sectors and derivatives to generate alpha,” he said. “We have a strong view on what constitutes alpha and what constitutes beta in the equity portfolio, and, over the last few years, the estimated 1.5% outperformance, as opposed to the 1% generated by the best external managers between 2010 and 2013, was mainly a result of internal management decisions.”He said the outperformance had resulted in the decision to increase the size of its in-house management team.“We will add to the number of people working in active management both on a strategic and tactical level,” Buchardt Andersen said.“We will have to be extremely focused on creating outperformance in the future because, after two good years in equity markets, future returns and consequently pensions are going to be lower. In short, for us, active management equals outperformance.”Burchardt Andersen said internal staffing levels had already been increased in the area of direct lending, and that the high-yield bond team was also likely to grow.“The board needs to approve it first, but the risk is fair now, which is why we are moving into illiquid credit and investment-grade bonds,” he said.For more on PenSam, see How We Run Our Money in the current issue of IPE.
Architect Mark Wilson will speak about how to build your ‘grand forever home at tomorrow’s Brisbane Home show. Pic David KellyDESIGNING homes for multi-generational living is the latest trend in Queensland architecture.That is according to Architects Black and Wilson architect Mark Wilson, who is offering advice on how to build your ‘grand forever home’, at tomorrow’s Brisbane Home Show.Mr Wilson said with the increasing pressure on first home buyers to raise their initial deposit, Millennials were returning home in such high numbers it was changing the way Queenslanders were designing their houses.“We need to design the houses for multi-generations, because the Millennials go away for two years, then come home and they stay home there until they have enough money for a deposit,” he said.“As deposits are getting more and more and more, most of them stay there until they’re probably in their 30s.“So we’ve got to design the houses for their kids to come home, and quite often possibly married, so they need to design it so there is autonomy and privacy for two multi-generational families under the one roof.”Architects Black & Wilson’s Stanthorpe project, which won the regional and state QMBA award for excellence in sustainable living.At tomorrow’s event Mr Wilson is expected to speak about a recent Stanthorpe project, in which he came up with an innovative way to address the varying temperatures at the site.“Temperatures range from minus 5 to 40 degrees so we incorporated a ‘breeze-solarium’ in the middle of the house,” he said.“This room is ostensibly an internal breezeway that is completely shaded and opened up to the cooling breezes in summer.This room is ostensibly an internal breezeway that is completely shaded and opened up to the cooling breezes in summer.“The wedge shape pulls hot air form the adjoining building.“Conversely this room is completely enclosed in winter and designed to allow full sun penetration warm the whole house in winter.”More from newsParks and wildlife the new lust-haves post coronavirus16 hours agoNoosa’s best beachfront penthouse is about to hit the market16 hours agoThis room is completely enclosed in winter and designed to allow full sun penetration warm the whole house in winter.The event, being held from 1pm at the Brisbane Convention Centre’s seminar room, will also address designing for climate, function, the site and longevity.>>FOLLOW EMILY BLACK ON TWITTER<
Loading… Promoted Content10 Risky Jobs Some Women DoWho Earns More Than Ronaldo?Best & Worst Celebrity Endorsed Games Ever MadeCouples Who Celebrated Their Union In A Unique, Unforgettable WayTop 10 Most Costly Liquids In The WorldThis Guy Photoshopped Himself Into Celeb Pics And It’s HystericalTop 10 Tiniest Phones Ever MadeWhich Country Is The Most Romantic In The World?Everything You Need To Know About Asteroid ArmageddonThe Highest Paid Football Players In The World2020 Tattoo Trends: Here’s What You’ll See This YearCan Playing Too Many Video Games Hurt Your Body? On a serious note though, please everyone stay home, look after one another through this difficult time and check in on loved ones but don’t visit them” he had dished out Walker can certainly expect a hefty fine as a bare minimum, but it’s entirely possible he will be handed a much harsher penalty. Realising the error of his ways, the player issued a grovelling apology, per The Sun. “I want to take this opportunity to issue a public apology for the choices I made last week,” he said. “I understand that my position as a professional footballer brings the responsibility of being a role model. Read AlsoWalker’s ex-wife furious with England ace over secret love child with friend “As such, I want to apologise to my family, friends, football club, supporters and the public for letting them down. There are heroes out there making a vital difference to society at the moment, and I have been keen to help support and highlight their amazing sacrifices and life-saving work over the past week. “My actions are in direct contrast to what I should have been doing regarding the lockdown.” FacebookTwitterWhatsAppEmail分享 Man City star Kyle Walker was caught hosting sex party before begging the public to stay at home during lockdown. Kyle was alledged to have hosted a sex party with two prostitutes just before sending a message to the public to stay at home during the coronavirus pandemic According to The Sun, the right-back paid £2,200 for 21-year-old escort Louise McNamara, and a 24-year-old Brazilian to have sex with him and a friend at his rented apartment in Hale, Cheshire. “I work with an agency in Manchester. I got a message from my boss saying a high-profile client was looking for somebody classy,” McNamara told The Sun. “I got a cab from Manchester to the address and a driver picked me up outside and took me to the gates of his apartment. Then his friend came out and met me. There was another girl in the car too. I didn’t know who he was at the time but I took a few photos of him. walker told his 1.7million instalgram followers to stay home “Kyle really should know better. On the one hand he’s inviting strangers round to his house for sex, and the next day he’s lecturing everyone on the need to stay safe. He’s a hypocrite and putting people at risk.”
I hope no one took it what I said last week about what I think it takes to be a good broadcast announcer personally. The idea for that particular column came from a discussion during breakfast club one day. They were discussing why they didn’t like one of the big time announcers on TV. I listened to that conversation and added my own 2 cents worth to the article I wrote.We are lucky to have local announcers who are familiar with our schools and the athletes. That makes it so much more enjoyable when you are listening to the games. I certainly enjoyed my years when I was doing color and play-by-play.DON’T FORGET THE ANNUAL ALUMNI GAME TODAY AT THE BATESVILLE HIGH SCHOOL GYM!