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Apr 25th
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Service industry news

As rents drop and supply rises, office space turns hot

Foreign visitors look at the model of the Beijing CBD district at a property industry expo. (Photo provided to China Daily) The rent for Grade A office in Beijing's Central Business District is expected to drop 15 percent by the end of 2021 as supply is expected to rise from this year, industry experts said.
 

IMF, WB hailed Sri Lanka’s economic development performance, says Ravi K

The current economic performance of Sri Lanka was given a special praise during the biannual summit of the International Monetary Fund and World Bank at Washington DC, which concluded yesterday, a Finance Ministry statement said, quoting Finance Minister Ravi Karunanayake.

LOUISE FAIRSAVE: Retirement investing

From maintaining a savings account with a bank or credit union to a complex portfolio of stocks and bonds, there is a wide range of choices. Some persons may even be disposed to start and operate a business, or say, invest in the real estate market. If a purposeful choice is made of these investment....

ON BOARD

The announcement was immediately welcomed by one of the two teachers’ unions which have been bogged down in rancorous disputes with the Government in recent years. “In a matter of weeks, we are going to have Section 89A of the Constitution of Barbados proclaimed to make provision for a separate....

Do They Even Work? The Sad Saga of North Korea’s ATMs

(PYONGYANG)—No modern airport terminal is complete without an ATM, and Pyongyang's now has two. But they don't work—because of new Chinese sanctions, according to bank officials—and it's not clear when they will. ATMs are an alien enough concept in North Korea that those in the capital's shiny new....

'The Fate of the Furious' laps new films at box office

LOS ANGELES (AP) — "The Fate of the Furious" sped into first place at the box office again, leaving new thriller "Unforgettable" and historical drama "The Promise" in the dust. Universal Pictures' eighth installment in "The Fast and the Furious" franchise earned $38.

Financial advice to youths: Save early

SAN BENITO — Start early. That’s what financial planners say to young people who are just starting to save for their retirement. Financial freedom is important, said Colby Cox, a Global American Financial Executive who works with PTT Financial in Harlingen. “Everything you do today, affects tomorrow,” Cox said.

CARTOON: Brexit, Trump, Le Pen?

The government needs to ask itself why it bent over backwards to do a deal with a company owned by foreigners and the president’s son instead of supporting black entrepreneurs, as it often claims it ... FRAUD INVESTIGATION Ipid filed the affidavit after announcing it had expanded the corruption....

Ann Crotty

Save SA and the newly formed Freedom Movement are proxy groups, and neither is prepared to really do what it will take to get rid of President Jacob Zuma — join forces to form a third way. FRAUD INVESTIGATION Ipid filed the affidavit after announcing it had expanded the corruption charges against....

EDITORIAL: Optimum deal way off optimal

If there is an Exhibit A that SA has been the victim of "state capture", it is the circuitous tale of Optimum coal mine, now jointly owned by the Gupta family and President Jacob Zuma’s son Duduzane. The company was sold in 2016 by international miner and trading house Glencore for R2.

Our hands are clean, says Net1

Net1 has come out with guns blazing in a bid to "set the record straight", releasing a Sens announcement and links to 23 documents that it claims prove that accusations against the group have no merit. The documents, which include court rulings, relate to its controversial South African Social....

Swapo Urged to Dump Individualism

By Petronella Sibeene WINDHOEK Prime Minister Nahas Angula has warned Swapo Party members not to pay allegiance to group interests, saying such practices could be the beginning of digging the party’s grave. Angula, who was speaking during the 46th anniversary celebrations of the Swapo Party in the....

Man Held Hostage at Mall

By Petronella Sibeene WINDHOEK A confrontation over an insurance policy payout sparked a standoff between a frustrated customer and a broker during the busy shopping hours on Saturday morning at Maerua Mall in the capital. As the hostage drama unfolded in front of Woermann Brock, the victim was....

Indian Ocean band to Rock NTN

WINDHOEK Born in 1974 at St Pierre (Reunion), Meddy Gerville’s musical career has conducted to his own original musical style called “jazz mÃÆ’Æ‘Æ‘ÃÆ”šÃ‚©tis”. At 14 and self-taught, he started playing keyboards.

CoW gets tough on the waste industry

WINDHOEK – The registration of companies discharing waste or handling, transporting and involved in waste management has began, as the City of Windhoek beefs up the inspection of companies’ adherance to sustainable waste management practices in the city.

Spotlight: French presidential election -- a choice between globalism and nationalism

Marine Le Pen's supporters celebrate at a rally in Henin-Beaumont, France on April 23, 2017. Centrist candidate and former minister of economy Emmanuel Macron and far-right candidate Marine Le Pen on Sunday came out on top in the first round of the French presidential election, according to projections by several pollsters.

Western Australia's trade and investment office in Indonesia marks 25th anniversary

SYDNEY, April 24 (Xinhua) -- Western Australia's trade and investment office in Indonesia marks its 25th anniversary this week as last year's exports rose nearly 15 percent. "Indonesia is Western Australia's closest neighbour and we were one of the first Australian states to open an office there to....

A Job in Hand

As China's college graduates swarm to all kinds of employment fairs in this job-seeking season, the government is set to give them a leg up. A guideline on employment promotion recently released by the State Council, China's cabinet, lays out measures for creating diversified job opportunities for college graduates.

Difficult Environmental Law Enforcement

Inspectors dispatched by the Ministry of Environmental Protection were locked up at a boiler factory in Jinan, Shandong Province, for more than one hour on April 16. The plant, owned by Shandong Lujie Green Technology Co., has a coal-fired boiler that should have been phased out, and no equipment....

Aerial Integration in Need

Beijing Capital International Airport (BCIA) had been the second busiest airport in the world in terms of passenger traffic for seven consecutive years from 2010 to 2016, according to Airports Council International. However, in contrast to its high ranking on the list, international passengers—as....

How to Reinvigorate the Real Economy

On April 7 the China Banking Regulatory Commission (CBRC), the country's banking watchdog, issued a guideline urging the banking industry to focus on serving the real economy. To that end, the commission requires commercial banks to innovate, control risks, intensify reforms and concentrate on traditional banking practices.

New American inspired micro brewery opens in Southampton

Tap It Brewery Company started this month and hopes to offer reasonably priced unique ales. It was created by Robert Colmer after he visited the United States and had his taste buds changed after trying craft beers there. Inspired, Robert, accompanied by Youtube, forums and Google, decided to try....

One of the last photos taken of the Titanic at Southampton, five days before she sank, has been sold for £12.5k

The photo taken on April 9 1912, the day before it left, was among a number of items that were sold on Saturday by Wiltshire auctioneers Henry Aldridge and Son. It is one of the last photos taken of the fated ship which sunk with the loss of hundreds of crew members from Southampton.

Wendy Bowman wins global award

CAMBERWELL woman Wendy Bowman, who has battled for community rights against coal mining since the 1980s, has won one of the world’s most prestigious environmental awards. Mrs Bowman, 83, is a winner of the Goldman Environmental Prize awarded annually to people from six global regions for outstanding grassroots conservation.

The 83-year-old who took on big coal and won

The first time a mine forced Wendy Bowman off her Hunter Valley farm, it followed a four-year legal battle in which she fought to prove her land had been destroyed. The second time she was served an eviction notice, with just six weeks to make way for a new mine. The third time, she said "enough was enough".

Go defensive to ride out a China slowdown

At a time when most investors are looking eagerly to the United States for tax cuts and other stimulus measures from the new US administration, the peaking of nominal Chinese GDP growth will be the major driver of global equity performance, according to analysts at one investment bank.

White House demands wall funding as crucial budget vote nears

Aides stressed on Sunday talk shows that funding a wall along the US-Mexican border and a vote on an effort to repeal and replace former president Barack Obama’s health care law were priorities. But they also suggested a shutdown could be avoided. ‘‘I don’t think anyone foresees or expects or would....

From swastikas to bomb threats, anti-Jewish incidents on record-setting track

Since the presidential election in November, the league found, one particular anti-Semitic act has surged: harassment of Jews. Nationwide, the number of reported acts of harassment including distribution of hateful fliers, threats, and slurs more than doubled in the first three months of this year,....

Robert K. Massie enters race for governor

Born with hemophilia, Massie contracted HIV and later hepatitis C as a result of flawed blood treatments, eventually undergoing a successful liver transplant. The experience, he said, provided “a major backbone of my passion and contributes to the energy and direction of my life and this campaign.

Political mandates are highly paid: this is true for Flanders too

The salaries for these mandates can be as much as 29,000 euros per year gross, Het Laatste Nieuws said on Saturday. For the first time, a study has looked into various political mandates in the North of the country, including those that aren’t talked about much.

Russian man sentenced to 27 years in hacking case

Seattle: A federal judge has handed down the longest sentence ever imposed in the US for a cybercrime case to the son of a member of the Russian Parliament convicted of hacking into more than 500 US businesses and stealing millions of credit card numbers, which he then sold on special websites.
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