CABE bids for conservation role

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Denvale to build its largest park in Crawley

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The wrong lease ‘can bleed a business dry’

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Dutch master

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Alibaba revenue up 38 percent in third fiscal quarter

first_imgChina’s e-commerce giant Alibaba Group reported year-on-year revenue growth of 38 percent to 161.4 billion yuan (US$23.12 billion) for the fiscal quarter ending Dec. 30, 2019.The company’s net profit attributable to shareholders was 52.31 billion yuan, soaring 58.3 percent compared with the same period last year.The profit surge was mainly due to the strong performances in online retailing and cloud computing, the company said. In the third fiscal quarter, the Alibaba Group Holding was listed on the Hong Kong stock exchange, making it the first Chinese Internet enterprise to list both in New York and Hong Kong.Alibaba’s annual active consumers on Chinese retail marketplaces reached 711 million. Mobile monthly active users on Chinese retail marketplaces reached 824 million in December, an increase of 39 million than that at the end of September 2019, with 60 percent of the annual new consumers coming from less developed regions.”We will remain dedicated to investing in digital infrastructure and services, supporting our customers and partners across the Alibaba Digital Economy, especially during the challenging time,” said Maggie Wu, the chief financial officer of Alibaba Group.Daniel Zhang, chairman and chief executive officer of Alibaba Group said Alibaba will also mobilize its strength in commerce and technology to support the fight against novel coronavirus and mitigate the impact of the outbreak on small and medium-sized enterprises by lowering their costs. Topics :last_img read more

PREMIUMIndonesia undertakes monetary, fiscal measures to fight effects of virus

first_imgLog in with your social account Indonesia is planning to roll out monetary easing and fiscal stimulus to cushion the economy from the impact of the Wuhan coronavirus.Bank Indonesia (BI) cut its benchmark interest rate, the seven-day reverse repo rate, by 25 basis points (bps) to 4.75 percent on Thursday after holding the rate in the last three months. BI Governor Perry Warjiyo said given the economic risks posed by the spread of COVID-19, there was a need to maintain economic growth.Finance Minister Sri Mulyani Indrawati said Wednesday the government was planning fiscal stimulus through state budget disbursement into productive spending and early incentives to strengthen the domestic economy amid slowdown risks.“The COVID-19 spread’s impact on the economy will be V-shaped and we forecast global economic growth to reach 3 percent in 2020 from our earlier projection of 3.1 percent,” Perry sa… Google bank-indonesia Sri-Mulyani-Indrawati Wuhan-coronavirus-in-Indonesia China GDP-growth economic-growth monetary-easing fiscal-stimulus state-budget Forgot Password ? Linkedin Facebook LOG INDon’t have an account? Register here Topics :last_img read more

Pope urges hugs, phone calls to fight off isolation

first_imgThe Vatican’s Saint Peter’s Square has also been sealed off.He complained of feeling like he was sitting in a “cage” this month while delivering his first Sunday Angelus Prayer into a camera instead of out of his Vatican window facing thousands of faithful.Italy was the first country in Europe to be seriously hit by the coronavirus pandemic. Its 2,503 official COVID-19 deaths account for more than half of those reported outside China.Some of the “social isolation” measures now being unrolled across the rest of Europe and parts of the United States have been in effect in Italy’s northern epicentre of the virus since last month.A Italian government hinted Wednesday that some measure such as school closures will be extended past their April 3 expiration date.”I do not exclude it,” Transport Minister Paola De Micheli said.The pope himself has been suffering from a cold since last month.Topics : Pope Francis stressed Wednesday the importance of families and friends making small gestures such as hugs and phone calls during times of isolation in a pandemic.”We must rediscover the concrete nature of small things, of making small gestures toward those around us — family, friends,” the 83-year-old pontiff told the La Repubblica newspaper.”They are gestures of tenderness, of affection, of compassion, which are nonetheless decisive and important — for example, a hot dish, a caress, a hug, a phone call.” Italian rules instruct everyone to keep one meter apart while in public but say nothing about what people can do at home.Most business have been closed and public events cancelled since last week.Italian streets stand deserted except for the few who go out shopping or walk their dogs.The Argentine-born pope has made no secret of his own discomfort at having to communicate with the world’s 1.3 billion Catholics via livestream.last_img read more

Bernie Sanders suspends presidential bid, leaving nomination to Biden

first_imgSanders scored a strong performance in the first contest in Iowa, and followed up with wins in New Hampshire and Nevada. But an overwhelming defeat to Biden in South Carolina on Feb. 29 was followed by a dismal showing on Super Tuesday, March 3, when he won just four of the 14 states holding contests.Those losses were compounded by others on March 10, including in Michigan, which Sanders had envisioned as a firewall.Sanders failed to attract African-Americans, who form an essential constituency for any candidate seeking the Democratic nomination, to his campaign. In the Mississippi primary on March 10, Biden won 86% of the black vote, while in South Carolina, the former vice president won almost two-thirds of black voters.For most of the race, Sanders remained in third place in polls, behind Biden and Warren. And his campaign was stalled in October, when he suffered a heart attack. The incident, which the campaign first called chest pains, was the first time a candidate experienced a potentially life-threatening health incident while campaigning for a major party’s presidential nomination.At 78, Sanders was the oldest candidate in the race and the health scare led to doubts about his fitness to serve, even though he said he had fully recovered and resumed a full slate of campaign activities. Sanders’s campaign was built around some of the most progressive proposals in U.S. political history, including his centerpiece Medicare for All plan to abolish all private insurance and create a government-run health care system. His agenda, which was largely also supported by Elizabeth Warren, pushed the Democratic Party to the left. Biden has already adopted versions of some of Sanders’s ideas such as free public college tuition in a bid to appeal to the Vermont senator’s supporters.Biden earned an insurmountable delegate lead over Sanders and more than half the nearly 2,000 delegates needed to secure the nomination, making it virtually impossible for Sanders have caught up in the nominating races ahead.Sanders’s decision to step aside is a marked change from 2016, when he took the primary battle against Hillary Clinton until June, just as Clinton did with Barack Obama in 2008.A Democratic primary contest that in mid-February had Sanders as the clear front-runner slipped away from the Vermont senator in surprisingly quick fashion. Bernie Sanders ended his presidential run on Wednesday after a string of stinging defeats left him without a credible path to the Democratic nomination, anointing Joe Biden as the party’s de facto standard bearer.Sanders’s move came after an unbroken string of losses in recent weeks that cemented Biden’s all-but insurmountable lead in delegates. Sanders, the one-time front-runner, lost voters across regions and demographic groups, failing to gather the diverse coalition necessary to lead the party.The race had been overshadowed by the quickly spreading coronavirus crisis, which left the two candidates with only one issue to discuss, and a public not focused on the 2020 race.center_img Topics :last_img read more

Dengue fever kills more than COVID-19 in Central Java

first_imgForty people across Central Java have died from dengue fever in the last three months, the Central Java Health Agency reported, making the mosquito-borne disease deadlier than COVID-19, which has claimed 27 lives in the province as of Thursday.Central Java has recorded 2,155 cases of dengue fever to date in 35 regencies and cities, said agency head Yulianto Prabowo.”The highest case is recorded in Cilacap regency with 216 infections and three deaths, followed by Semarang municipality with 154 cases and two deaths, as well as Jepara with 136 cases and one death,” Yulianto said on Thursday as quoted as kompas.com. He added that other regions had also reported a high number of cases, such as Banjarnegara regency with 62 cases and three fatalities, Banyumas regency (132 cases and three deaths) and Klaten (131 cases and three deaths).Read also: Frequently asked questions about dengue fever”The dengue fever outbreak is a recurring problem in all parts of Central Java because the disease is endemic in this tropical country,” Yulianto said.He urged residents to remain alert and eradicate mosquitos in their environment, especially the Aedes aegypti, which is the main carrier of the disease.“Assign a jumantik [mosquito larvae controller] in every residential area, office and school. Make sure no mosquito larvae are found in the area, as the environment plays a huge role in the growth of the mosquito population.”The country has been battling with a dengue fever outbreak since early this year, while it is also struggling to fight the COVID-19 outbreak. According to data from the Health Ministry, more than 41,000 people have been infected by dengue fever across the archipelago as of Tuesday, with more than 260 dead.East Nusa Tenggara and North Maluku are among the hardest-hit regions by the disease. (nal)Topics :last_img read more

Jakarta’s curve flattened? Experts question government’s claim

first_imgTopics : Central government data on the city’s daily reported cases, meanwhile, show that the number has rather been fluctuating. On Monday, when Doni made the statement, the city recorded 71 new cases. It recorded 133 new cases on Tuesday.While acknowledging that the PSBB might be helping to slow down transmission, experts have warned against taking data on new confirmed cases at face value, mainly because the country’s lack of PCR testing capacity might lead to low and late reporting of new cases.A biostatistic researcher at the University of Indonesia’s (UI) School of Public Health, Iwan Ariawan, said that without further information on the number of tests being carried out and the time gap between the collection of swab samples and the announcement of test results, interpreting a decline in reported COVID-19 cases was subject to a high risk of bias.”For instance, with a reduced number of tests being carried out, the number of confirmed COVID-19 cases will automatically decline as well. [And that would not be] because of a decline in cases among the population, but rather because of a decline in the number of people being tested,” he said.COVID-19 cases (JP/Swi Handono)Iqbal Ridzi Fahdri Elyazar, disease surveillance and biostatistics researcher at the Eijkman-Oxford Clinical Research Unit, said any good news on a decline in new cases in Jakarta had to be supported by accurate data, which would largely rely on the country’s testing capacity to reveal new cases in a timely manner. He said a systematic epidemiology study that met scientific standards was needed, aside from ensuring a wide testing scope.”Vietnam tests 2.17 per 1,000 people, while Indonesia tests 0.21 per 1,000 people. That means the testing scope in Vietnam is 10 times that of Indonesia. Vietnam’s claim of a decline in new cases, then, is more reliable, because it is testing more people at risk,” Iqbal said.Indonesia has only tested 62,544 people as of Tuesday, resulting in 9,511 testing positive. Data compiled by the Post from the government’s daily briefing showed that the country tested an average of 2,300 new people daily in the past week.Iwan of UI said that, based on his team’s estimation, Indonesia would need to carry out PCR test on 3 million people to detect and isolate cases, but as massive testing was difficult, the PSBB could be the intervention the country needed to suppress infections.Iwan said his team had tried to evaluate the efficacy of Jakarta’s PSBB by using Google’s data, which showed that the proportion of people staying at home had indeed seen a spike compared to January and February. He said that, according to the data, about 59 percent of people in Jakarta had stayed at home on April 19.”However, modeling in Australia shows that 80 percent of the people need to stay at home to deflate the epidemic curve,” he said, referring to modeling by Sydney University published on preprint website arXiv.According to his team’s modeling, Iwan said that with the currently imposed intervention, Jakarta would see its peak of cases in mid-May and if the PSBB was to bear success, the capital could gradually loosen up its restrictions starting from July. He warned of lifting the restrictions too early to avoid a second wave of infections.Another epidemiologist at UI, Tri Yunis Miko, had doubts that Jakarta would return to normal in July, urging the authorities not to lift restrictions before there were zero new cases reported. He believed, however, that Doni’s statement could instil hope among the people and rally support for everyone to work together in curbing transmission, including by following the PSBB rules.Karina M. Tehusijarana and Budi Sutrisno contributed to this story. “Pak President asked all of us to work even harder and encourage communities to be more disciplined and officials to be stricter, so we can start going back to a normal life in July,” Doni added.Jakarta Governor Anies Baswedan said last week that the city administration had observed an “increase of COVID-19 cases at a rate that is relatively constant” for the past days.He further said that there had been a “significant decline” in the number of burials using COVID-19 protocol, claiming it had subsided from more than 50 to between 30 and 40 burials per day. Jakarta’s data on burials based on COVID-19 protocol, however, show that from April 12 to 14 as well as April 18 and 22, when Anies made the statement, such burials reached 50 and above daily.“Was it a temporary slowdown or a permanent trend? We will keep monitoring [the data]. Hopefully, this is a trend that is permanent, which means that [COVID-19 infections] have been declining,” he said.center_img The government has claimed that Jakarta, the country’s epicenter of COVID-19, has flattened the curve of transmission, but experts say further studies are necessary before coming to such a conclusion.“We can explain in the latest development that, particularly for Jakarta, the new cases have rapidly slowed down and flattened,” said COVID-19 task force chief Doni Monardo after a meeting with President Joko “Jokowi” Widodo on Monday.Doni, who also heads the National Disaster Mitigation Agency (BNPB), said the implementation of large-scale social restrictions (PSBB) in the capital city had contributed to that outcome.last_img read more