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

Putin, FIFA head send main soccer trophy on Russia tour before 2018 World Cup

first_imgMOSCOW (Reuters) – Russian President Vladimir Putin and FIFA President Gianni Infantino on Saturday launched the World Cup trophy on a tour across Russia ahead of the 2018 championship, with the head of world soccer’s governing body lauding Russia’s readiness for the event.“To the people of Russia, I tell them: enjoy and celebrate the trophy tour and then the World Cup. And to the people of the world, I tell them: come to Russia, enjoy Russia and celebrate the World Cup,” Infantino said, standing next to Putin on a stage in Moscow’s Luzhniki stadium.Surrounded by hundreds of young soccer players, Infantino and Putin took turns to hold the FIFA World Cup in their hands before it started its 123-day, 26,000 km (16,250 mile) journey.“We are starting now the tour…to prepare the whole world for next year’s event when in this stadium three billion people around the world will watch this trophy being handed over to the next world champion,” Infantino said.Moscow has eased visa regulations for foreign soccer fans and pumped billions of dollars into stadiums, hotels and other infrastructure as the Kremlin is keen to improve Russia’s image in its worst crisis with the West since the Cold War.Russia has come under several rounds of Western sanctions over the annexation of Crimea and Moscow’s role in Ukraine’s conflict with pro-Russian separatists.“Everything is proceeding according to plan, everything is financed properly,” Putin told Infantino at a separate meeting later in remarks shown by state television.The Luzhniki stadium, which has undergone a five-year reconstruction, will host the opening and final games of the World Cup 2018.last_img read more

French, Indian Players Win Lagos Open First Leg

first_imgThe first leg (Futures 4) of the Lagos Open 2018 ended at the weekend with Frenchman Tom Jomby and Indian girl, Pranjala Yadlapalli winning the men and women’s singles respectively.Jomby beat his compatriot Arthur Rinderiknech in the final match that ended 6-3,3-6,6-3, while Yadlapalli, tournament number 6 seed, who is ranked 395 in the world, upset the top seed Conny Perrin from Switzerland in 2-6,7-5,6-0 game at the Lagos Lawn Tennis Club, Onikan. The Swiss star is ranked 146.The Indian lady, who is in Lagos for the first time described her victory as a well fought win. She said she was happy that she could fight her way from the first round to the final in a tournament which standard is very high. “I want to repeat this feat in the second week and I believe I can do it,” Yadlapalli said.To Perrin, who won the women’s singles winner on three occasions in 2015, 2016 and 2017, she was not disappointed that she failed to win the first leg, adding that she gets another chance in the second week. “I will continue the fight in the second week. I’m not under pressure being a former champion. I will take the match one after the other,” she said.Meanwhile, the second leg (Futures 5) of the Lagos Open Tennis has begun with the Main Draws serving off today with no fewer than 86 players comprise 45 men and 41 taking part in this leg.The players will be fighting for ranking points and the prize money of $50, 000 at stake.Share this:FacebookRedditTwitterPrintPinterestEmailWhatsAppSkypeLinkedInTumblrPocketTelegramlast_img read more

New Chamber Vice President

first_imger/manager Russ Beerling has been elected first Vice President, of the Fort St. John and District Chamber of Commerce. Russ takes over from Steve Troyer, who stepped down last month, following reports of dissatisfaction within the Chamber, over its role in the processing of the cities new budget…. [asset|aid=44|format=mp3player|formatter=asset_bonus|title=Russ Beerling – Chamber Vice_1_Pub.mp3] Take Clip: Russ “people are members” .25 Russ, a former President of the Dawson Creek Chamber, was elected to his new position, by acclamation. Meantime, the local Chamber has also confirmed Cindy Zsomber has rescinded her recent resignation and remains second vice-president.- Advertisement –last_img read more

SENIOR CHAMPIONSHIP RELEGATION PLAY-OFF MATCHES THIS WEEEKEND

first_imgTheir are some massive games in the Senior championship down for decision this weekend as Dungloe, Cloughaneely, Bundoran and Glenfin battle it out for the right to play Senior championship football in 2014. The four sides finished bottom of their respective groups and now have to navigate their way through a relegation series in order to avoid the drop down to Intermediate championship football.Dungloe face Cloughaneely on Sunday in the Banks and will be hoping to keep their proud tradition of being a Senior club intact when they face the men from Falcaragh. Cloughaneely suffered big defeats in all their group games, while Dungloe drew with Termon in their group before narrowly losing to both Killybegs and Gaoth Dobhair.Dungloe are expected to win this match and will look to current county player Adrian Hanlon and former All-star winner Adrian Sweeney to secure championship football for the Rosses outfit.In the other relegation play-off Glenfin face Bundoran in what should be a very close encounter.Glenfin will look to current star Frank McGlynn to lead by example while Bundoran will be hoping they can recapture the form that seen them hold St.Michaels in an earlier championship match this season. A late Christy Toye point denied the Bundoran men a famous win.It won’t be the end of the road for whatever side loses in both games, as the two losers from these matches will play each other and will be given one final chance to secure their club Senior championship football for next season.  SENIOR CHAMPIONSHIP RELEGATION PLAY-OFF MATCHES THIS WEEEKEND was last modified: August 8th, 2013 by John2Share this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window) Tags:bundoranCloughaneelyDonegal Senior ChampionshipdungloeglenfinRelegation play-offslast_img read more

Local Abortion Rights Group slams Jackson’s “farcical” hunger strike

first_imgThe Inishowen branch of the Abortion Rights Campaign has slammed Tim Jackson’s hunger strike as a “farcical media stunt.”Politician Tim Jackson, who ran in last year’s General Election, began his hunger strike on Wednesday.Jackson says he will be striking for “as long as necessary” to bring attention to his demands that Leo Varadkar and the Oireachtas Committee on Abortion watch a video of an abortion at their meeting before discussing a referendum any further. Inishowen Abortion Rights Campaign say that Jackson is “mocking” those who have died whilst engaging in hunger strikes, such as the Suffragettes, Ms Y, and political prisoners.“Over 100 years ago Suffragettes members of the Women’s Social and Political Union refused food protesting a system that would not recognise them as political prisoners. The UK government, fearing these rebels would make a mockery of the justice system introduced forcible feeding, justified as routine hospital treatment to save women’s lives.“There have been Hunger Strikes by Republican Prisoners since 1917, over the summer of 1981 ten died in the Maze while on Hunger Strike, while another 13 participated. Many of those who survived still suffer effects of the strike, such as digestive, visual, physical and neurological disabilities.“In 2013 Ms Y, an asylum seeker raped in her country of origin was traumatised by her experiences in Ireland. Seeking an abortion at an early stage of her pregnancy, the system in Ireland stalled and delayed her. She was unable to travel outside the jurisdiction for an abortion because she didn’t have the money or travel documentation required. “She was deemed suicidal, but it was too late to access a legal abortion eventually the HSE got an order to forcibly hydrate her because she too had gone on Hunger Strike.“Tim Jackson callously pretends to be on hunger strike when he is engaging in a farcical media stunt.“We know that it was common practice to show school-age students videos about abortion in the classroom until recently, so the video he mentions will very probably already have been viewed by members of the Oireachtas Committee.“The vast majority of abortions take place before 9 weeks – which means they are akin to a heavy period rather than the late-term abortions portrayed in the video Jackson champions.“In 2015 Emily Letts filmed her own abortion, it’s available to watch on YouTube and we would encourage anyone who is curious to have a google.“Irish women are forced to have later abortions than their English counterparts because they must delay treatment in order to save money to pay privately and travel. “The irony of forcing women to travel to England to avail of services our Republic refuses to provide is clearly lost on Jackson who mocks those who have died throughout the course of our history to secure our rights, by pretending to go on hunger strike.“62 Donegal women travelled to access abortion services last year.“It’s time we ended the hypocrisy, because obliging women to travel only prevents those without means from having abortions while women who have money can travel, or import the Abortion pill illegally.”Jackson wrote to Leo Varadkar and Senator Catherine Noone, chairwoman of the committee, last week requesting the group watch footage of the procedure, but did not receive a response.Local Abortion Rights Group slams Jackson’s “farcical” hunger strike was last modified: September 23rd, 2017 by Elaine McCalligShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window)Tags:abortion rights campaignArticle 40.3.3Eighth Amendmenthunger strikeTim Jacksonlast_img read more