PREMIUMGovt to cap growth of SOEs’ capex at 7 percent as focus shifts to profitability

first_imgFacebook Topics : Linkedin Google Indonesia SOE-Minister SOEs capex reduction profitability Mandiri-Outlook Muhammad-Ikhsan Log in with your social account Forgot Password ? The government will limit the increase of capital expenditure (capex) at state-owned enterprises (SOEs) to about 7 percent this year as part of an SOEs restructuring program, an advisor to the SOEs minister has said.Mohammad Ikhsan, an advisor to State-Owned Enterprises Minister Erick Thohir, said the growth of SOEs’ capex this year would be far lower than the average growth of 15 percent between 2012 and 2018.“In our new RPJMN [National Medium-Term Development Plan], the increase in capex for SOEs is limited to between 5 and 7 percent,” Muhammad said at the Mandiri Investasi Market Outlook presentation in Jakarta on March 5.SOEs nationwide are currently part of a restructuring program on improving profitability, as the increase in asset growth at SOEs is not proportional to their profit growth.Muhammad said the total assets of more than 140 SOEs almost … LOG INDon’t have an account? Register herelast_img read more

Vigilance key to avoid healthcare battle on two fronts

first_imgThe nationwide figure was around half of 69,424 cases reported in the same period last year. The nation saw 536 fatalities in the same period in 2019.Despite the lower number of cases so far this year, Budi Haryanto, a professor at the University of Indonesia’s (UI) School of Public Health, urged the government to exercise vigilance, given that more people were staying home now under the government’s instruction to contain the spread of COVID-19. He said this might expose them to a higher risk of encountering the Aedes aegypti mosquito, a host of numerous viruses, including the dengue virus.“Many people are staying home right now, which means the risk of [contracting dengue fever] would be increased,” Budi said.Aedes aegypti mosquitoes tend to live near humans and hide inside houses, particularly in dark places. They tend to only go outdoors in search of breeding grounds, according to Budi. The government, with much of its focus now on battling the COVID-19 outbreak, should remain vigilant in anticipation of dengue fever cases to ease the strain on medical facilities in the country, a health expert has said.A total of 34,451 dengue fever cases were recorded in Indonesia from January to March 24, with West Java having reported the highest number of cases at 5,894, followed by East Nusa Tenggara with 3,595 cases and Lampung with 3,408 cases, according to Health Ministry data. Dengue fever claimed 212 lives during the same period. Occasional fogging, a well-established measure to kill adult mosquitoes by spraying insecticides around houses and residential areas, could be less effective now, considering the longer people stay at home during daytime, he said. He, instead, recommended people to regularly spray mosquito repellents around their premises early in the morning, before the mosquito’s active hours later in the day.Currently no province has raised its alert status to that of an extraordinary occurrence (KLB) for dengue fever, said Siti Nadia Tarmizi, the Health Ministry’s director of vector and zoonotic infectious diseases.Six cities and regencies, meanwhile, have declared the KLB status so far this year. East Nusa Tenggara’s Sikka, the regency with the highest number of dengue fever cases in the country this year at 1,480 cases, revoked its KLB status on March 18, indicating that the situation there had already improved, said Siti.Yet, she called on the public to keep their environment clean and remove stagnant water to deprive the Aedes aegypti mosquitoes of breeding spots, considering that, according to previous data, dengue fever cases usually peaked between March and April.“We keep reminding the public to stay vigilant, because this is the period of dengue transmission,” Siti said. “People are urged to actively clean their houses and surroundings from mosquito nests, particularly since most people are staying home now.”The central government, she said, continued to update regional administrations with the latest available data and analysis to ensure they remained alert in anticipation of the dengue fever outbreak.With more than 1,000 dengue fever cases reported, questions remain as to whether Jakarta, which is the epicenter of the COVID-19 outbreak in Indonesia, will be able to handle two epidemics simultaneously.As of Saturday afternoon, Jakarta recorded 627 COVID-19 cases — or around 54 percent of the 1,155 cases recorded across Indonesia — and 62 deaths, according to government data published on Jakarta Health Agency’s data, information and report management head Verry Adrian said that, as of Thursday, no hospitals in Jakarta had reported disruption of their services because of treating dengue fever patients.He said that the Jakarta administration routinely conducted public campaigns on dengue prevention and putting healthcare facilities on standby to treat the cases.To curb the spread of dengue fever, the Jakarta Health Agency has also been encouraging households to appoint a member who can monitor larvae inside the house, called a jumantik. The agency is also working with one jumantik for every community unit (RW).The Jakarta administration, in collaboration with the Meteorology, Climatology and Geophysics Agency (BMKG) and the Bandung Institute of Technology (ITB), provides an early warning system for dengue fever on The online platform provides estimates on the number of dengue fever cases in each municipality in Jakarta, with rainfall and humidity used as the main predictors.According to the website, the rate of dengue fever cases in April was estimated to be higher than the rate in March, based on its prediction on March 16. It projected South Jakarta to have the highest rate of dengue fever cases with 12.8 cases per 100,000 people in April, compared to 12.5 cases per 100,000 people in March.The administration urges people to stay alert for rates above three cases per 100,000 people.Topics :last_img read more

Brazil cocaine kingpin nabbed in Mozambique as gang expands

first_imgOn his way to the maximum security prison where he is now being held, dos Santos refused to answer questions from the press. “Talk to my lawyer,” he said.Brazil has 40 days to submit an extradition request, Simbine said, adding that dos Santos is being held on charges of drug possession and using a false passport.In its statement, Brazil’s federal police said the operation to catch dos Santos also involved the US Drug Enforcement Administration, the US Department of Justice and the Mozambique police.The Brazilian federal police also accused dos Santos of allegedly financing a rescue plan for PCC boss Marcos Willians Camacho, or “Marcola,” who is in a federal jail in Brasilia. The alleged plan prompted Brazilian authorities to heighten security at the jail in February, the statement said.Local media have reported that dos Santos was Camacho’s “right-hand man.” Topics : One of Brazil’s top cocaine traffickers has been arrested in Mozambique, officials in both countries said, underlining the growing global footprint of the First Capital Command (PCC) gang, Brazil’s most powerful criminal organization.Gilberto Aparecido dos Santos, aka “Fuminho,” had been on the run for more than 20 years until his capture in Maputo on Monday, and was one of Brazil’s “most-wanted” fugitives, Brazil’s federal police said in a statement.”The prisoner was considered the largest supplier of cocaine to a gang operating throughout Brazil, as well as being responsible for sending tons of the drug to several countries,” the statement said.center_img Originally formed as a prison gang in Sao Paulo, the PCC has spread across Brazil and is increasingly moving cocaine overseas, especially to Europe and Africa.In March, Reuters reported that Brazil has become one of the top suppliers of cocaine to Europe, transforming the country’s role in the trans-Atlantic drug trade.Leonardo Simbine, a spokesman for Mozambique’s Criminal Investigations Services, told Reuters that local police had been tipped off by Interpol that dos Santos had entered the country in mid-March.”We did our investigations and found him at a luxury hotel in Maputo. We arrested him with two accomplices, two Nigerian citizens,” Simbine said.last_img read more

Smoke Alarm Solutions, Meth Screen warn of hidden dangers

first_imgRob Hocking from Meth Screen uses a swab to test for Methamphetamine and the pre-cursers Amphetamine, Ephedrine and Pseudoephedrine in a house, Thursday, December 28, 2017. Around 25% of homes have traces of illicit drugs in them. (AAP Image/ Brenton Edwards)PESTS, mould and weeds are usually top of the list for property managers when inspecting rental homes but another more sinister substance could be lurking.In the past seven months, drug screening business Meth Screen has conducted tests on more than 400 properties with 35 per cent testing positive for the illicit drug.The growing problem of ice and methamphetamine residue in Queensland rental properties as well as new smoke alarm legislation was a topic of discussion at a legislation bootcamp this week hosted by Smoke Alarm Solutions.The overhaul of Queensland’s smoke alarm legislation comes into effect January 1, 2022, and will impact every one of the state’s 550,000 rental properties, 390,000 landlords and 15,000 property managers and real estate agents.Real Estate Industry of Queensland Far North Queensland zone chairman Tom Quaid said the new laws would affect property management operators “both from a compliance perspective as well as for the safety of their tenants”.“Designed to come into effect in stages, the new legislation brings in requirements for smoke alarms to now be present in every bedroom,” Mr Quaid said. He said alarms would also be needed for other areas and for units to be interconnected to go off simultaneously in the event of one being triggered. “Initially applying just to new homes, it will be rolled out to those homes being sold or rented and then eventually every residence. More from newsCairns home ticks popular internet search terms3 days agoTen auction results from ‘active’ weekend in Cairns3 days ago“This is a similar strategy to that applied with the introduction of stricter pool fencing laws over the last decade.“For those that might not be fully across these new requirements or that have questions, an event such as that being held here in Cairns can be a great opportunity to learn more to ensure their clients’ properties tick the right boxes and tenants are well looked after.”Property managers and landlords who do not comply by the deadline could face serious consequences, including hefty fines and possible jail time.Smoke Alarm Solutions chief executive Cameron Davis said the bootcamp demystified upcoming smoke alarm legislation and helped educate property managers about methamphetamine residue and its impact on rental properties.Meth Screen operators found six of the 16 properties (37 per cent) tested north of Mackay discovered disturbing levels of ice and methamphetamine residue.“The deadline may seem years away, but there’s a range of benefits by adopting the new smoke alarm legislation,” Mr Davis said.“If you choose to wait, you risk compliance providers being overwhelmed and unable to fit you in, a shortage of electricians and possible price increases.”“Property managers, landlords and real estate agents are only just realising the hidden dangers of methamphetamine residue.“There are thousands of contaminated properties throughout the state, causing serious health issues for countless Queenslanders.”last_img read more

Asset management roundup: Natixis to buy 25% stake in US manager WCM

first_imgPaul Black, co-CEO of WCM, said: “After a lot of thought and collective input, we concluded the smartest way to enhance our stability, and to guard our investment temperament, was to partner with a world-class global distribution platform.“For some time now we’ve known that diversifying the product mix within the firm – by raising the profile of our global strategy, our emerging markets strategy, and various other investment strategies – is the key to making this happen.”BMO drops F&C brandBMO Global Asset Management is to remove the F&C brand from all its products four years after its acquisition of the UK-based asset manager, it announcd today.All open-ended funds and corporate entities in Europe will adopt the BMO name, as will the direct-to-consumer channel, the Canadian investment group said.BMO GAM bought F&C Asset Management in 2014 and it has been expanding across Europe since then. It has opened seven offices in six countries, including France, Germany, Italy, Sweden, Spain and Switzerland.David Logan, head of distribution at BMO Global Asset Management, said: “Having more of our global and local capabilities under a single brand helps us to deliver on that as well as further simplifying the way we communicate with clients across all of our regions.”New signatories to UK gender diversity pushFranklin Templeton Investments, Intermediate Capital Group and Investec Asset Management are among 67 additional signatories to the UK government’s Women in Finance charter, according to an update published today. They signed up in the second quarter of the year, taking the total number of signatories to 272.Those signed up to the charter – an iniative of the UK treasury department – commit to four actions “to prepare their female talent for leadership positions”, according to the government.The four actions are:to have one member of the senior executive team responsible and accountable for gender diversity and inclusion;to set internal targets for gender diversity in senior management;to publish progress annually against the targets in reports on their websites; andto “have an intention” to ensure pay of the senior executive team is linked to delivery against the internal targets on gender diversity.The treasury is to update the signatory list with links to their targets in September. Natixis Investment Managers is to acquire a minority stake in $29bn (€25bn) WCM Investment Management and become its exclusive third-party distributor.Under the terms of the agreement, Natixis will acquire a 24.9% in WCM, which is based in Laguna Beach, California.The distribution arrangement means WCM will be added to Natixis’ global multi-affiliate platform, giving clients of the French asset manager access to a “high-conviction, high-active share investment manager with a distinctive investment culture and process”, according to a statement.WCM is employee-owned and runs concentrated equity portfolios covering global, emerging and small cap markets.last_img read more

U.S. weekly LNG exports edge up

first_imgImage courtesy of Sempra EnergyExports of liquefied natural gas from the United States’ facilities increased over the week ending January 22. A total of 15 liquefied natural gas carriers with a combined LNG-carrying capacity of 54 Bcf departed the U.S. export facilities during the week under review, the Energy Information Administration (EIA) said.This compares to 14 vessels with a combined LNG-carrying capacity of 51 billion cubic feet exported in the previous week.Out of the 15 cargoes, seven have been shipped from Cheniere’s Sabine Pass facility, four from Cameron LNG plant, two from Corpus Christi and one from each Cove Point and Freeport.EIA further noted that natural gas deliveries to liquefied natural gas export terminals remained flat compared to the previous week reaching 8.2 Bcf/day. LNG World News Stafflast_img read more

Gender Dysphoria and Children: An Endocrinologist’s Evaluation of I am Jazz

first_imgPublic Discourse 5 April 2018Family First Comment: An important analysis….“I Am Jazz contains a large number of glaring and very troubling omissions.Omission #1: The authors fail to mention that Jazz suffers from depression.Omission #2: The suicide rate of transgender individuals is alarmingly highOmission #3: Jazz is currently being given hormone blockers to stop him from going through normal pubertal development. These powerful hormones arrest the normal development of boys into fully developed men and of girls into fully developed women. In other words, Jazz is now a teenager who has not been allowed to go through puberty.Omission #4: Jazz will need to have his child-sized penis surgically destroyed to create a false vagina.Omission #5: Jazz currently suffers from sexual dysfunction and will likely have permanent damage.Omission #6: Jazz will very likely be rendered permanently infertile.Omission #7: There is a high level of substance abuse among people who identify as transgender.Omission #8: There are a number of serious health risks associated with taking cross-sex hormones.Omission #9: The mortality rate of those who identify as transgender is three times higher than that of the general population.”Recently, a group of parents asked me to review the book I Am Jazz to determine whether, from a medical point of view, it is suitable for children to read. They also asked this for the benefit of their school district, given that the topic of childhood gender dysphoria would be discussed at their upcoming school board meeting. I have read the book I Am Jazz and examined the book’s relationship to childhood gender dysphoria and its implications for adolescence and adulthood. I am a board-certified physician in Rocklin, California specializing in Endocrinology, Diabetes, and Metabolism. Broadly, endocrinology is the study of hormones and glands and the diagnosis and treatment of diseases involving these hormones and glands. The following essay is a detailed presentation of my findings regarding this important topic.Children with gender dysphoria deserve our compassion and deserve to be treated with dignity and kindness, just like all other children. Their unique condition makes integrating in the school a challenge. Particularly when dealing with bathrooms and locker rooms, it would be advantageous for schools to have a comprehensive policy to address children with gender dysphoria. To some degree, children who share a class with a gender-dysphoric child will need to be educated about what that means and how to address that situation. This should be done by parents and guardians primarily, but ideally in cooperation with teachers and staff.Unfortunately, I Am Jazz actually works against educating children about gender dysphoria.Factual Inaccuracies in I Am JazzInaccuracy #1: About a quarter of the way through I Am Jazz, the author states: “I have a girl brain in a boy body.” Jazz later goes to the doctor and relates: “Afterwards, the doctor spoke to my parents and I heard the word ‘transgender’ for the very first time.”Inaccuracy #2: According to Jazz, “I have a girl brain but a boy body. This is called transgender. I was born this way!”Inaccuracy #3:  Jazz says: “I have a girl brain.”Troubling OmissionsI Am Jazz contains a large number of glaring and very troubling omissions.Omission #1: The authors fail to mention that Jazz suffers from depression. Omission #2: The suicide rate of transgender individuals is alarmingly high Omission #3: Jazz is currently being given hormone blockers to stop him from going through normal pubertal development. These powerful hormones arrest the normal development of boys into fully developed men and of girls into fully developed women. In other words, Jazz is now a teenager who has not been allowed to go through puberty. Omission #4: Jazz will need to have his child-sized penis surgically destroyed to create a false vagina. Omission #5: Jazz currently suffers from sexual dysfunction and will likely have permanent damage. Omission #6: Jazz will very likely be rendered permanently infertile. Omission #7: There is a high level of substance abuse among people who identify as transgender. Omission #8: There are a number of serious health risks associated with taking cross-sex hormones. Omission #9: The mortality rate of those who identify as transgender is three times higher than that of the general population.READ MORE: read more

Parents ‘bypassing GPs’ for non-urgent child treatment

first_img Tweet Sharing is caring! Share Share 19 Views   no discussionscenter_img Share By Michelle RobertsHealth reporter, BBC NewsFever was one of the 10 common problems parents sought help forRising numbers of parents are bypassing GPs and taking children to hospitals’ A&E departments for medical treatment, researchers say.Attendance for 10 common medical problems, including fever and rash, rose 42% in a decade at Nottingham’s Queen’s Medical Centre, they said.Difficulty accessing out-of-hours GP care may be to blame, they say in the Emergency Medicine Journal.The government said it was developing a strategy for out-of-hours care.It said it wanted to deliver high quality, urgent care services around the clock.During the past 10 years, the way the NHS provides care for common medical problems at night and at weekends has changed.GPs are no longer obliged to provide out-of-hours care and advice to worried parents, with large private companies now generally contracted to provide this instead.John Heyworth, president of the College of Emergency Medicine, says this has caused some confusion for patients and, in some instances, has made it harder for them to access care.“Parents have found in the last few years that accessing primary care is more difficult than previously.”He said more and more patients were turning to A&E departments.“We’ve been recognising this. Attendances are going up by between eight and nine per cent a year.”‘Shortcomings’In the study spanning a decade, the number of patients attending the children’s emergency department at Queen’s remained similar, but the number attending with common medical problems had risen by 42%.A total of 39,394 children were seen in 2007-8, of whom 14,724 had medical problems. This compared with 38,982 children seen overall in 1997, of whom 10,369 had medical problems.Dr Heyworth said the findings highlighted the shortcomings in the way services were currently organised.He said: “We need to have more integrated care rather than the confusing, expensive system we have currently.“It is very patchy and the public are frankly getting a raw deal.”The college is calling for GP services to be co-located next to A&E departments to deal with people who need to see a GP.A Department of Health spokesperson said: “Our vision is to replace the ad-hoc, uncoordinated system that has developed over more than a decade, and has been characterised by poor quality and too much variation.”Meanwhile, a study in the same journal reveals most UK hospital A&E departments are ill-equipped to treat children with serious head injuries.A confidential enquiry found 87% of hospitals in England, Wales, Northern Ireland and the Channel Islands and Isle of Man could not care for a critically ill child on site.The authors say transferring these sick children some miles to other hospitals could harm their survival chances as treatment delays can prove fatal.Around 210,000 children with head injuries attend hospital every year, and around 34,500 are admitted. A few children with serious head injuries will require emergency surgery and intensive care.But the way services are currently organised – with centralised intensive care services – means some patients need to be transferred to get the care they need. HealthLifestyle Parents ‘bypassing GPs’ for non-urgent child treatment by: – May 25, 2011last_img read more


first_imgPECO’s franchiseas sole power distributor in Iloilo City expired on Jan. 19 this year. Itfailed to secure an extension from Congress over several issues such as poorcustomer relations, erroneous billings, power failures, high rates, etc. Among others,Amular noted the Supreme Court’s pronouncement that the issue of the franchiselaw’s constitutionality would be like a prejudicial question to theexpropriation case as it would be a waste of time and effort to appointevaluation commissioners and debate the market value of the property sought tobe condemned if it turns out that the condemnation was illegal. Mayor Jerry Treñas. IAN PAUL CORDERO/PN MORE Power scored a big legal win lastweek. In a unanimous decision, the Supreme Court En Banc stopped theimplementation of the ruling of the Regional Trial Court in Mandaluyong Citydeclaring two sections of MORE Power’s franchise law void and unconstitutional. However, it remains unclear when willthe Regional Trial Court Branch 35 here resume the proceedings of theexpropriation case against PECO. Inordering the suspension, PresidingJudge Daniel Antionio Gerardo Amular cited supervening events. On the other hand, MORE Power filed anexpropriation case to take over PECO’s power distribution system. The RegionalTrial Court Branch 35, however, suspended the proceedings last month. The mayor warned of dire consequencesif the uncertainty on the power distribution here lingers indefinitely. According to the Supreme Court,the Temporary Restraining Order (TRO) it issued should remain in effect untilfurther orders from it. “Indipwede nga indi sila ka-decision (Courts cannot not make decisions). Ang bilog nga syudad apektado dasun ga-inagipa ang iban nga korte (The whole city is affected while some courts aretaking their time). Indi pwede ‘na (Thisis not acceptable). Are they telling us to take the law in our hands?” saidTreñas. ILOILO City – Already “exasperatedwith some courts”, Mayor Jerry Treñas appealed for speedy resolution to thedragging legal battle between Panay Electric Co. (PECO) and MORE Electric andPower Corp. (MORE Power). “Indi pwede angkorte mag inagi (courts can’t be sissies). They will have to decide one wayor the other,” he said. MORE Power secured a 25-year powerdistribution franchise here in February. But PECO questioned the franchise’sconstitutionality. The case is now with the Supreme Court. “The question ofconstitutionality is of paramount importance in the interest of legal andprocedural fairness in view of the novelty of the case,” said Amular. “Indeed, theruling of the Honorable SC will guide this Court whether the authorityconferred upon the plaintiff as a quasi-public corporation by Congress has beencorrectly or properly exercised by it,” he added. MORE Powerpresident Roel Castro said the latest Supreme Court ruling was “a manifestationof the rule of law.” “Konang korte mag inagi kag magpalagyo (Ifcourts become feeble and cowardly) then you are opening the whole situation forpeople to take the law into their hands,” said Treñas, a lawyer. Treñas said it is the responsibilityof courts to resolve legal issues to maintain order in society. “With the issuance of the TRO, MOREPower is confident that the lower court will take its cue and decisively ruleon the Application for the Issuance of the Writ of Possession. With all duerespect, the law and rules are clear: Upon compliance with the requirements, apetitioner in an expropriation case is entitled to a writ of possession as amatter of right and it becomes the ministerial duty of the trial court toforthwith issue the writ of possession,” Castro said./PNlast_img read more

Fuel spill shuts down NB I-95 in Deerfield Beach

first_imgIt is unclear how much fuel has been spilled, however, officials believe it could have potentially been its full 4,000-gallon load.No evacuations were ordered, but authorities urged residents who live in the area of Northwest Third Avenue, between Sample Road and Northwest 38th Street to use caution.The Fort Lauderdale and Sunrise Fire Rescue are  working together to secure the area and clean up the spill.Expect some traffic between Sample Road and 10th street as crews work to clean up the spill. Two northbound lanes of I-95 remain shutdown as crews work to clean up a fuel spill on the side of the road.The spill occurred Sunday around 6:00 pm near Sample Road after a fuel tanker was involved in a rollover crash.#BSFR is currently operating on the scene of a fuel tanker rollover with injuries & active leak located at I95 NB North of Sample Rd in @DFB_City Please avoid the area. I95 @ Sample is CLOSED. Pease avoid the area.— Broward Sheriff (@browardsheriff) May 12, 2019last_img read more