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In the first three months, there was an increase in traffic and an increase in revenue on motorways

first_imgIn the first quarter of this year, traffic on 10.014.976 vehicles was recorded on all HAC and ARZ motorways, and tolls were collected in the amount of HRK 455.636.108,00 without VAT, reports Croatian Motorways (HAC).Compared to last year, the number of vehicles increased by 3,56%, and the amount of tolls collected was higher by 9,62%. “The trend of increasing traffic and inflows from tolls in the first quarter is visible on all highways and, what is significant, in all categories of vehicles, despite the very unfavorable weather conditions that prevailed in February.“They point out from Hrvatske autoceste.The highest traffic of 3.631.886 vehicles was recorded on the A3 Bregana-Zagreb-Lipovac motorway, compared to the same period last year, an increase of 5,5%, as well as the largest inflow of tolls collected in the first quarter in the amount of 190.769.521,60. HRK 13,58 without VAT, which is XNUMX% more than last year.Considering the upcoming tourist season as well as the announcements about the daily growth of tourist arrivals, further growth of both revenue and traffic can be expected.</p>
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Cheshire set keeps on grinning

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Saratoga to expand investment portfolio amid stock market losses

first_imgThe figure was similar to last year’s investment allocation of $100 million, according to a previous report by Kontan.The investment firm, backed by former Jakarta deputy governor and 2019 vice presidential contender Sandiaga Uno, currently has 15 companies in its portfolio.They including publicly listed companies like coal miner PT Adaro Energy, telecommunication tower firm PT Tower Bersama Infrastructure and automotive firm PT Mitra Pinashtika Mustika (MPM), stocks of which also took a severe hit in the pandemic.Since the beginning of this year, Adaro lost 33.76 percent of its value as of Thursday, while Tower Bersama and MPM share prices declined by 4.88 percent and 24.06 percent, respectively.Saratoga’s portfolio also includes several privately-owned companies like hospital firm PT Famon Awal Bros Sedaya and pharmaceutical firm PT Deltomed Laboratories.The firm’s finance director, Lany D. Wong, stated that the company remained confident on its investees’ stock performance this year, as some of those share prices had regained strength amid the gradual market recovery in April and May.“We are also confident about our investees’ financial performance, as they have good underlying,” said Lany.Meanwhile, Saratoga received approval from its shareholders to disburse Rp 149.2 billion in dividends this year, equal to Rp 55 per share, from its 2019 profit, she continued.The company pocketed Rp 7.37 trillion in net profit in 2019 as it booked Rp 6.23 trillion in net gains on investments. It also booked Rp 2.84 billion on dividends, interest and investment income last year.  Saratoga Investama recorded investment losses at Rp 5.9 trillion (US$418.8 million) in this year’s first quarter, a turnaround from Rp 1.39 trillion in profit it booked in the same period last year, as mark-to-market share prices plunged. The Jakarta Composite Index (JCI), the main gauge of Indonesian share prices, has dropped more than 21 percent since the beginning of the year, fuelled by investors’ fear over the impact of the COVID-19 pandemic on the economy.The company’s natural resources stocks portfolio recorded the steepest fall in the first quarter this year with Rp 3 trillion in losses against Rp 509.8 billion in the same period in 2019. In general, it focuses its investment on infrastructure, natural resources and consumer sectors.The company would continue investing in the three sectors, while it expected to score the new investment deals in the next six to 12 months, as it was currently conducting due diligence, Devin said.“We are allocating around $50 million to $100 million for this year’s investments,” said Devin. Publicly listed investment firm PT Saratoga Investama Sedaya plans to expand its investment portfolio after losses sustained in the stock market crash induced by the COVID-19 pandemic.The company’s investment director, Devin Wirawan, said on Wednesday that Saratoga had been assessing several companies and was determining the timing to purchase the stocks.“As an active investment company, we will actively buy new stocks when share prices fall as many of them become more affordable for us,” he told the press during a virtual press briefing, adding that the company would also remain cautious in expanding its portfolio.center_img Topics :last_img read more

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Experts: Signature on will of Carole Baskin’s missing husband possibly forged

first_imgThe mystery surrounding the disappearance of ‘Tiger King’ star Carole Baskin’s second husband, Don Lewis, is deepening and may be pointing to a murder coverup.A pair of handwriting experts believe that the signatures on the will and power of attorney documents were ‘traced’ or forged.Don Lewis, second husband of “Tiger King” star Carole Baskin, disappeared in 1997 and the missing persons case has been closed allowing Carole to move om an marry husband number three.Recently, after the Netflix docuseries “Tiger King” reignited interest in Baskin’s missing husband, experts examined key documents and found that they were likely forgeries. The handwriting experts postulate that someone traced Lewis’ signature on his marriage license and copied it onto his will and power of attorney.Not only that, but one handwriting expert concluded that the signatures of the witnesses and the notary are also identical to one on another on both the will and power of attorney. This led the expert to conclude that one or both of each pair of signatures was forged through tracing.Netflix’s smash-hit “Tiger King: Murder, Mayhem and Madness” tells the bizarre tale of Joe Exotic, a zany gay polygamist owner of a private zoo in Oklahoma. He goes to battle with animal rights activist Carole Baskin and eventually gets convicted in a murder-for-hire plot to off her that lands him in prison for 22 years. Throughout the documentary, Joe and his compatriots repeatedly accused Carole of killing her second husband, millionaire Don Lewis.Twenty-three years ago, Don Lewis vanished while married to Carole. Five years later, a judge declared the missing husband dead, which permitted Carole Baskin to inherit his substantial estate.The new finding in the Clarion Ledger about Carole Baskin’s missing husband is the product of reporting by the renowned investigative reporter Jerry Mitchell, whose work was instrumental in reopening cold cases of unsolved civil rights era murders.last_img read more

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Fligor Named New Harbor Head; Resigns From Council

first_img“John is leaving huge shoes to fill,” Fligor said. “There was bay water and boats that floated all the way up to the highway during Sandy. And John had things back up and running in nine months. You can’t ever be completely prepared for an event like Sandy. And God forbid anything like that ever happens again. But I’m part of great team in this town. And we’ll push along, because we have to, because the marina is important to our community.” The marina has more than 700 boat slips and Hubeny said it was close to 100 percent capacity in the 2019 season. The marina operates with a more than $6 million budget and generates $1.5 million in revenue from boat slip rentals for the borough’s tax base. At a meeting Sept. 25, the council appointed Kerri Kennedy to fill his unexpired term. Hubeny said the selection process was rigorous. Fligor’s application was one of 20 the borough received after the position was advertised in various local, county and state newspapers, and online on the New Jersey Marine Trades Association website. “I appreciate the council’s support and I just hope I’m everything you think I am. I’ve served on this council for 18 years… This is a great town. Take care of it,” Fligor said to the council. Fligor, who grew up working on boats in the marina and has had four of his own stored there over the years, will lead one of only eight municipally owned and operated marinas in New Jersey. It’s the single largest of that ilk from Maine to Florida, according to Hubeny. Fligor has served as a councilman for the better part of two decades and has volunteered his time with various organizations for the last 23, including the Atlantic Highlands Historical Society and the Harbor Commission. ATLANTIC HIGHLANDS – Louis Fligor’s eyes welled up at a recent borough council meeting when the governing body voted unanimously to name the longtime elected official the municipality’s new harbor manager. But resigning his seat on the council to take the harbor manager position was an emotional moment for Fligor. Atlantic Highlands does not currently have a nepotism policy, but borough administrator Adam Hubeny quickly dismissed the notion. “(Fligor’s) experience might actually be a positive despite the optics,” borough resident Tucker Snedeker told The Two River Times. “The real problem is he got his son-in-law a job at the harbor a few years ago. So how do you get a fair shake as a fellow employee and peer? Who gets the day off or the bonus or the promotion or the better work assignment?” center_img Fligor, 58, officially took the reins of the Marina Sept. 27, and will earn an annual starting salary of $62,500. “Lou’s son-in-law works at the harbor, but there’s insulation there,” Hubeny explained to residents at the Aug. 13 council meeting, noting that all harbor employees report to dockmaster James Osborn. “Mr. Osborne has (worked at the marina) for 42 years. The dockmaster reports to Jim Phillips, who is our DPW director. And if there’s a personnel matter, they will report to me. Normally they would report to the harbor manager, but in this case, if it involves Lou’s son-in-law, they’ll come to me.” The selection committee then interviewed seven candidates and whittled that field down to three potential choices. After a subsequent round of interviews, the committee decided that Fligor checked all of the boxes. Though borough lands are nearly completely built out, Fligor hopes to implement a series of floating boat slips situated in marina waters that will increase capacity and revenue. “It’s something that can be done. It’s part of the vision. But that will take some time,” Fligor said. Though the governing body may have given its vote of confidence, Fligor’s appointment comes with pushback from some residents who wonder if nepotism played a role. According to councilman Steve Borracchia, one of the reasons Fligor was selected for the position is because of his vision to expand the marina’s footprint and make it a more profitable utility. Longtime Atlantic Highlands councilman and community volunteer Louis Fligor has been appointed harbor manager at the marina.Photo by Chris Rotolo Fligor will succeed former harbor manager John Amici who accepted the position in July 2009, not long before the Bayshore was slammed by historic weather events like Hurricane Irene in 2011 and Super Storm Sandy in 2012. “This has to be the least political thing I’ve seen happen in Atlantic Highlands since I’ve been coming to meetings,” said council member Lori Hohenleitner. “Everyone on the harbor commission was fully confident that this was the best person for the job. I’m not necessarily going to be sitting up here for the rest of my life, but if I’ve made one decision that really showed the true character of our town, I’m confident this is one of them.” last_img read more

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