Government to suspend entry for foreign workers during COVID-19 outbreak

first_imgThe government has suspended entry for foreign workers during the COVID-19 outbreak following reports that hundreds of Chinese workers have tried to enter Southeast Sulawesi. “The government aims to reduce the spread of COVID-19 by limiting foreigners from entering the country. This policy will be in effect until the situation improves,” presidential spokeswoman for legal matters Dini Purwono said on Monday. Two companies in Southeast Sulawesi, PT Virtue Dragon Nickel Industry (VDNI) and PT Obsidian Stainless Steel (OSS), had planned to bring in 500 foreign workers from China to install smelter equipment. The companies claimed they had to outsource the workers due to a lack of capable local workers and said that once the equipment was ready, the company would hire 3,000 local workers. The foreign workers were scheduled to in Indonesia for six months and return to their home country once the installation was complete. The workers have yet to arrive in Indonesia.  Read also: High influx of Indonesian migrant workers from Malaysia, despite call to stay amid outbreakDini said the foreign workers would be allowed to enter the country once the outbreak was under control. She added that the workers will be subjected to a series of tests and health protocols to ensure they were free from COVID-19 when they entered Indonesia in the future. “As for now, the Manpower Ministry is coordinating with the Southeast Sulawesi governor as well as the South Sulawesi Regional Legislative Council to find a solution that prevents the spread of COVID-19 while also ensuring that the project, which will employ 3,000 workers, can continue because this involves many people’s livelihoods,” she said. (dpk)Topics :last_img read more

Wolf Administration Announces New Funding to Repurpose Former Times Leader Building for Higher Education

first_img Press Release Harrisburg, PA – Today, Governor Tom Wolf announced the approval of new funding through the Industrial Sites Reuse Program (ISRP) to perform an environmental assessment of the former Times Leader Building in the city of Wilkes-Barre, Luzerne County. The city plans to renovate the 47,000-square-foot building for use by the students, faculty, and administration of King’s College.“It’s always great to see a previously unused space being utilized once again,” said Gov. Wolf “This investment will provide a clean and safe environment for the students and faculty of King’s College.”The ISRP grant will provide $400,000 for the abatement of Asbestos Containing Materials (ACM), removal and remediation of Universal Hazardous Waste, and further assessment and remediation of a printing press room identified to be impacted with heavy metal contamination. The total project cost is $535,000.“The city and the college’s commitment to remediating this space will impact both King’s College and the surrounding community,” said Department of Community and Economic Development Secretary Dennis Davin. “We commend them for their efforts to bring an old building back to life with a new purpose.”Last year, the Wolf Administration approved $33,750 in ISRP funding to conduct the initial environmental assessment of the site of the former Times Leader building. Earlier assessment work has determined the presence of asbestos containing materials. The project included an ACM survey, Universal Hazardous Waste analysis, and an analysis of the metal contamination located in the printing press room.“King’s College, with the restoration of the former Times Leader building, continues its impressive partnership with the city of Wilkes-Barre to create educational and economic opportunities in northeastern Pennsylvania,” said State Senator John Yudichak. “I appreciate the support of Governor Wolf and the emphasis his administration has put into investing in the growth of Luzerne County’s knowledge economy.”“I am grateful to Gov. Wolf and DCED for their continued support for projects that invest in Wilkes-Barre and our region,” said Representative Eddie Day Pashinski “King’s College provides excellent higher education to our local students. The repurposing of the Times Leader is a perfect addition to their higher education footprint.”“I am proud to support the former Times Leader Building Industrial Sites Reuse Project, which will facilitate a future economic development project,” said Mayor George of Wilkes-Barre. “The building provides a strategic and cost-effective location for King’s College to continue its expansion of Allied Heath and Engineering Programs within the existing footprint of the city of Wilkes-Barre.”The ISRP provides loans and grants for environmental assessments and remediation carried out by eligible applicants who did not cause or contribute to the contamination. The program is designed to foster the cleanup of environmental contamination at industrial sites, thereby bringing blighted land into productive reuse.“Renovating a building like this requires important environmental cleanup efforts to ensure that the space is safe,” said DEP Secretary Patrick McDonnell. “This funding will allow the city to properly clean up the building to achieve its plan of revitalizing the site for an important purpose – educating students.”For more information about the Industrial Sites Reuse program or DCED, visit SHARE Email Facebook Twitter October 09, 2019center_img Wolf Administration Announces New Funding to Repurpose Former Times Leader Building for Higher Educationlast_img read more

2020 outlook roundup: Mercer expects global economy to recover

first_imgMercer doubts, however, that the labor market can improve much further and expects the unemployment rate to stabilize below 4%. That should continue to apply moderate upward pressure on wages, which should support household income growth and consumer confidence — a crucial factor in economic growth.If, as Mercer expects, the trade war doesn’t escalate further, there should be a pickup in business confidence. However, for that to lead to much higher capital spending, there would need to be an improvement in company profit margins, which have been under both internal (wages) and external (trade) pressures.In Europe and Japan, Mercer expects economic growth to recover on the back of the strength in labor market and consumer balance sheets as well as external factors, such as a pickup in global trade activity.The outlook for China may be improving, as both the central bank and the government are taking measures to stimulate the economy and reverse earlier efforts to restrict credit growth. Thus far, China has been less aggressive in stimulating the economy than it was in 2016, and whether they will do something on a larger scale remains to be seen.Most of the emerging world is showing broadly sound economic fundamentals; however, the trade-war narrative and the extent of the China stimulus are likely to be the ultimate deciders of whether the emerging economies move back to trend (and perhaps above) or stay at weaker levels. The global economy slowed in 2019 and is now growing at below trend. According to investment consultancy Mercer, this is mainly due to the slowdown in capital spending as the US-China trade war introduced significant uncertainty to business decision-making.The slowdown was also driven by the lagged effects from tighter financial conditions in 2018, the firm stated in its Economic Outlook 2020.Mercer expects the global economy to recover from below-trend growth rates to around trend as manufacturing picks up a bit and easier monetary policy begins to feed through, provided the US-China trade war doesn’t escalate and global labor markets continue to be strong.Within the pickup in global growth, the firm expects emerging economies to do slightly better than the developed world. It also expects the US economy to continue to do well, growing at close to trend. LCP predicts annual volumes of £30bn in de-risking marketRecent findings from pensions consultancy Lane Clark and Peacock (LCP) suggest that insurance capacity is likely to be able to accommodate £30bn (€35.4bn) of future annual volumes at attractive pricing levels for pension schemes, with the ability to flex up to £40bn as required.Findings from a recent survey indicate that 2020 will see continued demand for buy-ins and buyouts as more defined benefit (DB) pension schemes reach maturity and insurer appetite remains high.According to Willis Towers Watson (WTW), the bulk annuity market is set to return to ‘normal’ levels in 2020 with £30bn worth of deals expected over the course of the year. However, the firm has previosuly anticipated a higher volume – £40bn – in 2019.The firm said that “next year should see a more balanced market, allowing greater traction for smaller schemes and fewer ‘mega deals’”. WTW expects macro conditions to drive market volatility, and this may lead to opportunities for attractive pricing.The consultancy expects a particularly busy start to 2020, as those schemes that weren’t able to secure deals in 2019 seek to lock down risk.Myles Pink, partner at LCP, said: “Insurance appetite looks strong in the mid-term, and annual volumes of £30bn in the de-risking market could be the new normal for the market. Demand will remain high as more pension schemes approach maturity and are successful in reaching their long-term funding target.”Other predictions by LCP for 2020 and beyond include:A higher number of smaller transactions is expected in 2020. In 2019, more than 75% of total volumes was accounted for by 11 transactions. There is expected to be around 10 transactions covering a total of £15bn in 2020, leaving more capacity for buyouts and buy-ins covering liabilities in the range of £250m and £1bn, respectively.Over the next 15 years, almost £800bn of liabilities are expected to line-up for transfer to the insurance market.Momentum in the longevity swap market will continue into 2020. Volumes are already expected to have reached £15bn in 2019, and could reach £10-15bn in 2020.LCP’s recent survey showed that 57% of attendees said the long-term objective for their pension scheme is to buy out with an insurer. This compares with 40% of respondents answering the same question last year.Pink added: “2019 was a record-breaking year not only in volume, but also in the execution of 11 transactions covering in excess of £1bn of liabilities. We expect 2020 to see a greater mix of transactions, with fewer high-profile deals and an opportunity for smaller transactions to complete.”Ian Aley, head of WTW’s transactions team, agreed. He said: “[2019] has seen a remarkable number of mega deals, so although we expect a reduction in the number of large deals through 2020, there is certainly lots of ‘pent up’ demand in both the longevity swap and bulk annuity markets.”last_img read more

Wynnum loo with a view draws last-minute bidders

first_img FOLLOW US ON FACEBOOK MORE PROPERTY STORIES The Marks family with the house at 16 Besham Pde, Wynnum that has been in their family for over 60 years. Picture: Debra BelaA DECEASED estate in bayside Wynnum sold under the hammer for $44,000 less than its land value in a dramatic auction with two buyers registering to bid just as the property was about to be passed in. The house at 16 Besham Pde, Wynnum. Picture: Debra BelaDevelopers and land bankers were among the 10 people allowed on the 809sq m property at 16 Besham Parade, Wynnum, with another two parties on the kerb, in the first weekend of onsite auctions since COVID-19 restrictions forced auctions to go online seven weeks ago. Design your own sky home Raine and Horne Wynnum selling agent Chris Vine said with several unit developments being built in the Wynnum area, investors feared not being able to sell units once finished and were withdrawing from the property market to put their money into other ventures.“The buyer of this property is currently paying $400 a week rent,” Mr Vine said.“Now he can put that towards a property of his own and in 10-15 years’ time, properties like this will be like hens teeth. Even in three years’ time he might be able to put it on the market.”On Brisbane’s north side, Ray White Ascot sold two properties at auction yesterday, with a four-bedroom house at 25 Vale St, Wilston selling for $1.055 million and a three-bedroom house at 9 Marie St, Hendra selling for $847,500. Cinema returns to Wynnum in new development An aerial view showing the neighbouring unit development. Picture: suppliedThe lifting of travel restrictions this weekend also meant that David and Bronya Marks were able to drive from their home on the Sunshine Coast to be present for the auction of the two-bedroom house that had been in the family for more than 60 years.“It’s a bit like the movie UP this little place,” said Mrs Marks who was inside the original condition highset house during the auction.“It’s in the middle of all these developments. I think we’ve always known that once we’ve finished with it as a family, it would turn into everything else around here.” The winning bidder Baljinder Sandha (right) with his business partner Harish. Picture: Debra BelaBut the eventual buyer, who paid just $500,000 for the level block, is planning to live in the house with his wife for 10-15 years before deciding what to do with the property.“It is an incredible price,” Baljinder Sandha said after placing the one and only bid with his business partner to secure the sale. “I thought it would go in the $700,000s.“We saw this house three or four days ago. I am renting at the moment. This will be my first house.”Calling the auction for Raine and Horne Wynnum was auctioneer Michael O’Brien who started the event with just one registered bidder, a banker who refused to place a bid even when Mr O’Brien suggested $450,000. The Auction Group auctioneer, Michael O’Brien. Picture: Debra BelaThe property was about to be passed in when Mr Sandha and a developer made a last-minute decision to register to bid and the auction was paused while they signed up. More from newsParks and wildlife the new lust-haves post coronavirus9 hours agoNoosa’s best beachfront penthouse is about to hit the market9 hours agoA developer decides to sign up to the auction just as it is about to be passed in. Picture: Debra BelaThe local developer was considering turning the site into a block of units like those around it but when Mr Sandha made an offer of $500,000 and the property was announced on the market, the developer did not challenge the bid.“It’s the development costs,” he said. “These are entry level developments, the council fees are outrageous.”Proceeds from the sale of the estate will be divided between family members.“It’s fine,” Mrs Marks said after the house sold for less than the family had expected. “It’s bittersweet I guess.”last_img read more

Funding Secured for LaSalle Park Seawall Project

first_imgThe U.S. Army Corps of Engineers, Buffalo District has received $3.7 million from the 2018 Continuing Authority Supplemental Appropriations to construct and repair approximately 1,300 feet of seawall of the northern section of LaSalle Park, Buffalo, NY.The seawall fronting the Colonel F.G. Ward Pumping Station has deteriorated over time due to Lake Erie ice and wave action. Projecting the pump station is essential because it is the primary source of drinking water for the City of Buffalo residents.“The work of the US Army Corps Buffalo District to protect the navigability of our waterways and reinforce the water’s edge is an essential component of ongoing efforts to revive our waterfront,” said Congressman Brian Higgins.“The reconstruction and repair of the LaSalle Park seawall is now more important than ever. Thanks to the generosity of the Ralph Wilson Foundation, LaSalle Park will be the latest revitalized attraction in Buffalo, and it is critical that the Park’s shoreline is protected. Further, the seawall protects the pumping station which provides the primary source of drinking water for Buffalo residents,” said Senator Charles Schumer.“The $3.7 million the U.S. Army Corps of Engineers will spend for construction and repair of LaSalle Park’s northern section of seawall, is great news for the City of Buffalo. It saves the City from having to sell a planned $1.2 million bond to raise matching funds for the project,” City of Buffalo Mayor Byron W. Brown said.“We appreciate the continued support of our elected officials and their commitment to repair and strengthen our Nation’s infrastructure,” said Lt. Col. Jason Toth, USACE Buffalo District Commander. “This project is a great example of how our Civil Works mission provides a key foundational component of the Nation’s public infrastructure and facilitates economic growth, environmental health, and quality of life for the American people.”This project is being conducted in partnership with the non-federal sponsor, the City of Buffalo, and has been cost shared through the feasibility and design phases totaling $1.1 million. The construction phase will be fully funded using the Continuing Authority Supplemental Appropriations, with a contract award expected around the spring of 2019 and construction starting as early as the summer of 2019.last_img read more

Cardinals Battle Trojans

first_imgThe St. Louis 7th Grade improved their record to 5 and 3 with a win over St. Michael’s 47-30. Scoring came from 7 different players paired with strong defense and very few turnovers. The Cardinals travel to Franklin County this Thursday. Scoring for the Cardinals were Connor Miles 22 pts.; Carson Meyer and Thomas Lohmueller 6 pts. each; Hank Ritter 5 pts.Evan Flaspohler 4 pts.; Preston Conway and Eli Weiler 2 pts. each.Courtesy of Cardinals Coach Chad Miles.The St Louis Cardinals 8th Grade Basketball team improved to 11-0 on the season by defeating the St. Michael’s Trojans by a score of 33-26 last night. The Cardinals are back in action tomorrow night, Thursday, November 29th, as they will be on the road facing the Franklin County Wildcats with the 7th grade game tipping off at 5:30pm followed by the 8th grade game.Courtesy of Cardinals Coach Ryan Schebler.last_img read more

Joshua spoils mum, team members with cash, cars, houses

first_imgRelatedPosts Tyson Fury to Anthony Joshua: Don’t risk fighting Usyk Anthony Joshua, Okolie plot world title double Anthony Joshua wants Tyson Fury, Wilder fight Anthony Joshua has banked millions over the course of his boxing career, but when it comes to spending money on himself, the WBA, IBF, WBO, and IBO heavyweight champion isn’t interested.That’s because AJ far prefers to treat those close to him, whether that means splashing out on epic holidays, sports cars or houses. His bout next year with Tyson Fury could net the pair an incredible £150 million and is expected to be the most lucrative in history.But as Joshua’s wealth increases, so does his generosity.“AJ doesn’t splash his cash on himself but he does on others; his team, his family, his past trainers, his friends and his community,” an insider told The Sun.“He could have bought himself a mansion years ago but that has been his last priority because he’s made sure everyone else was sorted first.“The gifts aren’t him being flash, it’s him showing his gratitude.” He began boxing in 2007, aged 18, and since turning professional in July 2013, when he signed a deal with Matchroom Boxing, Joshua’s record now stands at 23-1.Joshua is due to take on Kubrat Pulev next in a bout which he must win to set up the highly anticipated showdown with Fury.The Arsenal supporter recently spoke of being with his family in lockdown and the struggles of trying to maintain his fitness.“I have no gym or swimming pool in my house,” he told DAZN.“I am actually at my family home with my Mum, my niece, my son and my cousin, we are all quarantining together so it’s nice. “We are all aware there is a pandemic happening across the world but fortunately none of my family have had any tragic losses or massive effects from the virus.“We are trying to take advantage of spending time together.”Tags: Anthony JoshuaIBFTyson FuryWBAWBOlast_img read more

Jones and Odemwingie swap deal

first_img “Things haven’t perhaps gone as well for him at Cardiff as he would have hoped and he’s really keen to start afresh with us. “He has a good goalscoring record in the Premier League and will bring a different dimension to our attacking options. “I’ve no doubts he will prove to be an excellent addition to our squad.” Cardiff also confirmed the exchange deal on their Twitter feed. The Welsh side said Jones’ move had been finalised, subject to Football Association clearance, and that he will be available for selection for the first time on Saturday when the Bluebirds host Norwich. News about the two players swapping clubs emerged on Saturday when Stoke announced they had reached an agreement with Cardiff over the deal for the pair. Jones had not been involved in either of the Potters’ two games prior to that, with him having sent a text message to Hughes the night before the clash with Liverpool on January 12 to say he was unavailable for the fixture. That resulted in the 29-year-old Trinidad and Tobago international being fined two weeks’ wages and meant he was not considered for selection for the next match, against Crystal Palace. Odemwingie has put pen to paper on an 18-month contract with the Staffordshire outfit and Potters manager Mark Hughes is hopeful of including him in his squad for Wednesday’s Barclays Premier League encounter with Sunderland at the Stadium of Light. Hughes told “We’re delighted to have signed Peter. Press Association Jones joined Stoke on a permanent deal in 2010, having previously spent a brief loan spell with them. He has scored five times in 10 appearances this season, with all the goals coming in cup competitions. Nigeria international Odemwingie only signed for Cardiff in September. The 32-year-old has scored twice in 17 appearances for them since, with his last goal coming in October. He was previously with West Brom. Odemwingie told Stoke Player: “Maybe in the past few months I didn’t get too many goalscoring opportunities, but I am sure that will change here at Stoke. “One of my strongest qualities is being able to put the ball into the back of the net, with either my right foot or my left foot, and I intend on doing that regularly here. “I like to get myself into good positions on the field whereby I can get opportunities and I know that with the quality of players here at the club there will be days where we do create a lot of chances to score the goals. “I feel I am a different player to Kenwyne Jones. He is more of a target man, but I am somebody who likes the ball at my feet and I also like to get in behind the defence as often as possible too. “I am sure that the manager and his staff know about me and I am certain they will use me to my strengths. “They are very knowledgeable people and they must feel that I can bring something different to the team. That gives me a lot of confidence and belief in myself.” It seems Stoke could soon have another new face among their ranks, with cameras having caught footage of Blackpool winger Tom Ince – accompanied by his father Paul – at the Potters’ training ground on Tuesday. It was reported that the England Under-21 international held talks with Hughes over a possible deal. Ince was in discussions with Swansea on Monday and has been linked with various Premier League clubs. Meanwhile, Stoke’s United States midfielder Maurice Edu has returned to his home country by joining Philadelphia Union on a one-year loan deal, which includes an option for the Major League Soccer side to purchase the 27-year-old. Edu has made just one appearance for the Potters, as a substitute last season, since joining them in the summer of 2012 and spent part of that campaign on loan at Bursaspor in Turkey. Stoke have announced the signing of Peter Odemwingie from Cardiff, with fellow striker Kenwyne Jones moving in the opposite direction as part of a player-exchange deal.last_img read more

Lineker makes Young Lions plea

first_imgGary Lineker has claimed it would be a “national disgrace” if Premier League clubs tried to prevent their players playing for England in this summer’s European Under-21 Championship. Press Association He said on Twitter: “England’s U21’s beat Germany. Add a few from the full squad and they could win Euros this summer. Must include all our best youngsters. MUST. “Tournament football experience is hugely beneficial. If clubs try and pull their players out it would be a national disgrace. “The PL clubs misunderstanding of the massively positive impact a successful national side would have on the PL has always baffled me.” center_img England Under-21s twice came from behind to win 3-2 over Germany in a friendly at Middlesbrough’s Riverside Stadium on Monday night. And former England striker Lineker reckons Gareth Southgate’s squad for the tournament in the Czech Republic should include eligible players from the senior squad to give them the best chance of success. last_img read more