10SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr Get ready for another “fintech” adventure, as our friend and financial technology expert John Best, president and founder of Best Innovation Group (BIG), crashes our virtual studio — guitar and all. John is actually a very good guitar player being in a band for many years and says he plays everyday as an outlet from his intense focus on financial technology trends, issues, and breakthroughs for credit unions.In part 1 of our chat (after our brief Van Halen tangent), John talks about how holograms may be the MSRs of the future — along with 5G high-def video playing a similar role for credit unions, Minecraft being the new digital Legos, Hololens demo at E3 2015, and the latest updates at CU Wallet. There’s so much more in this episode, as there always is with John — adding Apple Pay and PayPal perspectives to the discussion, as well.Always a mind-bending experience with John. So enjoy — and stay tuned for part 2 next week when we address Apple Watch potential, why CUs are the “ring to rule them all,” MCX, and more on CU Wallet and holograms. continue reading »
The 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. Topics :
Aubameyang is a goal off Aguero in the race for the Golden Boot (Picture: Getty)‘It’s not easy. We have great strikers in this league. I stay focused most important is Champions League first and If I can get that, great,’ he said.‘I think we have [top four] in our hands, but we know it will be tough to finish in the top four.‘We are confident. We did well this week. It was important to win this game.’More: FootballBruno Fernandes responds to Man Utd bust-up rumours with Ole Gunnar SolskjaerNew Manchester United signing Facundo Pellistri responds to Edinson Cavani praiseArsenal flop Denis Suarez delivers verdict on Thomas Partey and Lucas Torreira moves Comment Coral BarrySunday 10 Mar 2019 10:30 pmShare this article via facebookShare this article via twitterShare this article via messengerShare this with Share this article via emailShare this article via flipboardCopy link321Shares Aubameyang scored Arsenal’s second from the spot (Picture: Getty)Pierre-Emerick Aubameyang has revealed he made one small adjustment in his penalty technique after his successful spot-kick against Manchester United.The Arsenal striker helped his side beat United 2-0 at the Emirates, but was the surprise choice to take a 69th minute penalty against the Red Devils at the Emirates.Aubameyang had missed his previous effort against Tottenham, meaning Unai Emery’s side had to settle for a point in the north London derby. Advertisement (Picture: Getty)Lacazette won the penalty for Arsenal, but immediately told Aubameyang the spot-kick was his, much to the delight of his fellow frontman and his manager.The 2-0 victory saw Arsenal leapfrog United into fourth place in the Premier League table, and the Gunners are now the favourites to claim the final Champions League spot.Aubameyang’s strike against United is his 17th league goal of the season. The Arsenal star is now just a goal behind Golden Boot leader Sergio Aguero, but Aubameyang insists top four is his main objective.More: FootballRio Ferdinand urges Ole Gunnar Solskjaer to drop Manchester United starChelsea defender Fikayo Tomori reveals why he made U-turn over transfer deadline day moveMikel Arteta rates Thomas Partey’s chances of making his Arsenal debut vs Man City Pierre-Emerick Aubameyang corrected penalty technique before Manchester United game Aubameyang said he looked down at the crucial moment against Spurs (Picture: Getty)He added: ‘The last moment I remember I was looking down and that was my mistake.‘The spirit of the team is really great. That’s why I’m feeling good today.’Aubameyang was given the chance to redeem himself by his strike partner Alexander Lacazette, who insisted his team-mate take the penalty. Advertisement (Picture: Getty)But after questions were raised about the forward’s form from the spot, Aubameyang revealed after the United game it was a minor fix.ADVERTISEMENT‘I was confident. All my teammates gave me a lot of confidence. Laca gave me the penalty and that was cool from him,’ Aubameyang said.AdvertisementAdvertisement‘I was really focused. I looked down at the last moment and I missed [the penalty against Tottenham]. Being focused, you score a penalty.’
The Blog House and Senate Republican leaders yesterday abandoned the bi-partisan budget agreement they made with Governor Wolf that makes historic investments in education – including an additional $485 million for pre-K through 12 education – and is also balanced, paid for and begins to fix our deficit.After Tuesday, when Republican rank-and-file members joined Democrats to buck their leaders, the House was one vote of the chamber away on Wednesday from passing a bi-partisan, compromise budget. Instead Speaker Turzai sent everyone home for the holidays with no action and the Senate Republicans, who caved to Speaker Turzai and tea party extremists, passed Speaker Turzai’s budget that cuts $95 million from Pennsylvania schools.Abandoning all pretenses of compromise, Republican lawmakers in Harrisburg went back to the future… Wednesday had opened with hope of a House vote on the Senate’s compromise $30.8 billion budget. With increased funding for education, Wolf had agreed to sign that compromise bill, but when Democrats claimed they had the votes to pass it and send it to the governor, House Republican leaders would not allow a vote. [KDKA, 12/23/15]We always knew it would be difficult to change the Harrisburg status quo, especially with entrenched Republican insiders beholden to special interests and right-wing extremists, but we never imagined Republican leaders would once again turn their backs on Pennsylvania’s schools and our children. By: Jeff Sheridan, Press Secretary BLOG: Speaker Turzai’s Extremist Budget Like Governor Tom Wolf on Facebook: Facebook.com/GovernorWolf December 24, 2015 SHARE Email Facebook Twitter
Trinidad carnival Vanessa JamesBefore Christians begin 40 days of self-denial and sacrifice during the Lenten season beginning on Ash Wednesday, March 1, several Caribbean Islands will celebrate one of the Caribbean’s more spirited entertainment event – Carnival. Nowhere in the Caribbean is Carnival more exhilarating, more colorful, more fun, than in Trinidad and Tobago.It is believed the first celebration of modern Carnival in the Caribbean originated in Trinidad and Tobago in the late 18th century when French immigrants brought the Masquerade tradition with them to the islands. According to legend, slaves who were emancipated in 1838, used carnival rituals to commemorate their sufferings on the plantations and at the same time lampooned the lifestyle of their former masters through costumed characters. From TNT Carnival spread to other Caribbean islands like Haiti.Carnival is always a time of fun in Trinidad and TobagoFor decades. the annual Trinidad and Tobago Carnival, begins with plans and events from early January, peaking on the Monday and Tuesday before Ash Wednesday.Visitors from all over the world descend on Trinidad and Tobago every year to celebrate Carnival, primarily for the last two days, which are described as a celebration of life, color and the artistry of the people of Trinidad. It is usual for those who visit Carnival, even for multiple times, to praise the festivities especially the colorful costumes worn by various bands, and the pulsating rhythm of calypso, steel drums, and soca, as an experience they cannot forget.Visitors to Carnival are advised to be well rested before going down to Trinidad for the fun as they say “never stop, and you can ‘grine and wine’ till you drop.” This is no idle advice, as during the build up to the climax, men and women of all ages, races, and colors wine through the streets, drinking rum under the sun and under the stars.Before the highlight of Carnival next Monday and Tuesday, those who arrive in Trinidad over the weekend and bring the children with them, can take in the Kiddies Carnival which starts at 11:00 am on Saturday at the Queens Park Savannah in Port-au-Spain, the central location for Carnival events. Later that evening, visitors will be in for a unique thrill at the Panorama National Finals also at the Savannah, where large and medium steel orchestras will be thrilling the crowd with phenomenal steel pan music as they vie for the title.On Sunday, there is a wide variety of events across the land, but for those who are unconcerned of the realities of not getting sufficient rest before the grand two-day celebrations, they can take in the Dimanche Gras, which is the King and Queen Competition finals, also at Queens Park Oval.Thousands line the streets in Port-au-Spain and other major cities like San Fernando and Point Fortin from all walks of life to experience Carnival Monday and Tuesday; the grand finale where months of preparation and artistry are displayed for the world to see.The big event which officially kicks off Carnival on Monday morning is J’Ouvert (or “day break“) which starts at 3am at Queen’s Park Savannah, ending after sunrise. This is a mass party like no other, referred to as “dutty mas” where revelers parade with painted bodies covered in mud, oil coca or many other forms of body paint, as they jam to calypso and soca music.While people jam till the wee hours of the morning, street vendors serve the ever popular “doubles”, bake and shark and corn soup and steel pan and rhythm percussion sections continuously play the latest soca tunes of the season.Those going to carnival to participate in Tuesday’s grand parade, Masquerade or “Mas” as it is commonly called, can join one of the all-inclusive bands like Tribe, Bliss, Fantasy, Yuma or Ronnie and Caro. With hundreds of bands to choose from, carnival revelers have their pick based on the vibe, costumes, or social setting they prefer.Young and old alike have made Trini carnival a staple travel destination for good reason. Whether you go for the popular (fetes) or all-inclusive parties, the delicious cuisine, the Mas or just the overall Carnival experience, be sure to give yourself at least a week to take in the unlimited vibes and soak in the sweet TNT culture. There’s truly nothing like it on earth.