Demand for land in the Hinterland powers on with more releases

first_imgHarmony estate in Palmview on the Sunshine Coast is in hot demand as the coastal land market continues to power on.BUYERS are on the hunt for affordable land options with Palmview’s largest masterplanned community fast-tracking its next release to meet demand.AVID Property Group Queensland general manger Bruce Harper said they had just released an extra 91 land lots at Harmony, to meet demand for the sought-after lots.The $3 billion project is set on 378ha and will deliver more than 4,800 homes for 12,000 future residents.“Residential property demand is surging in the region and as prices continue to rise, buyers are increasingly looking for affordable land options,” Mr Harper said.More from newsMould, age, not enough to stop 17 bidders fighting for this home5 hours agoBuyers ‘crazy’ not to take govt freebies, says 28-yr-old investor5 hours ago“With new land lots starting from $218,400, the masterplanned community is catering to a wide range of buyers and delivering affordable land lots in the heart of the Sunshine Coast.“Its proximity to established amenities — including the University of the Sunshine Coast, the new Kawana healthcare precinct, shopping precincts at Sippy Downs and Kawana, and the Sunshine Coast University Hospital — make it an attractive option for buyers.”Median land prices on the Sunshine Coast rose by almost 5 per cent from 2015 to 2016, with the demand for affordable land options continuing to grow.“As one of Australia’s premier lifestyle destinations, there’s no wonder buyers are flocking to the area with its pristine beaches and beautiful hinterland right at your doorstep,” Mr Harper said. “A number of major infrastructure projects currently underway are also contributing to the job growth and economic development in the region.”Harmony has achieved a significant number of milestones since its official launch last year including becoming the first ‘6 Leaf’ EnviroDevelopment masterplanned community to be certified in South East Queensland by the Urban Development Institute of Australia (UDIA).last_img read more

Short-termism leads to ‘bad politics, bad finance’, Swiss Council of States warns

first_imgOne common goal for everyone, he said, is sustainability in the energy world.“The real challenge has been, and still is in some countries, to decouple economic growth from energy consumption and greenhouse gas emissions,” he said.Lombardi said politicians needed a clear, long-term strategy and to be consistent in the details of their political work and in the details of the laws they passed, as well as in the implementation of the laws they had backed.They also need to work together with other politicians for a common goal.“The worst thing politicians can do is to be so eager to win the next election, or get some results in the opinion polls, that they immediately react to everything,” he said. ”This makes life very difficult for normal people and destroys the market, and when you achieve destruction of the market, you do not have any progress.”Lombardi pointed to the European energy market as an example, where several countries fought with good intentions against nuclear energy, which in the end led to involuntary support of the cheapest energy source without subsidies – coal.“We need jobs, and in Europe we are losing jobs, and with the clean tech challenge comes a possibility to create more jobs and opportunities in the economy,” he said.However, the clean energy challenge could also make European economies less competitive with the rest of the world.He said that question had yet to be solved. Strategies – both in finance and in politics – should by their nature be long term, according to Filippo Lombardi, president of the Council of States in Switzerland.He told the audience at the TBLI conference in Zurich last week that while politics and the financial sector both viewed each other in a bad light, they actually had something in common – short-termism.Lombardi said: “Short-termism is the rule for a bad financial approach and it is the rule for bad politics. Politicians who only [look] to the next election or the next opinion poll and [investors and businesses] that only think of the next quarterly report or tomorrow’s performance at the stock exchange do not try to build on the long term.“This is the mentality we have to change – in the investment world and in politics. And we have to learn from each other, and we have to listen to each other. We must learn to listen to the advice and concerns of people and the experiences from experts who have been studying and researching certain issues.”last_img read more

Polish pension funds look to UK, German equities after reform

first_img“Pension funds are looking abroad to the UK stock exchange and the German stock exchange,” she told delegates at the second-annual pension funds in CEE conference in Prague.According to her, OFEs currently hold 40% of Polish shares and 26% of free-floating shares – a figure she said would change in the near future.She added that the reform was having an impact on overseas investors that were now less likely to invest in companies listed at the region’s largest stock exchange.As a result, Rusewicz said the Warsaw exchange was dealing with “stagnation”, and that the question remained over what would step into the role previously played by OFEs in assisting the government with the privatisation of formerly state-owned assets.For his part, Lucian Anghel, chief executive of Romania’s BCR Pensii, accepted that all Central and Eastern European pension funds were facing the “huge” domestic bias risk.But he said it was a risk managers needed to take into consideration, given that governments often had the choice between keeping taxes low or maintaining the mandatory systems and increasing taxes.“If we are not showing commitment to Romania, then we are facing a bigger problem than volatility risk and market risk, or exposure to the country,” he said.Asked to explain why Romania’s small but growing pensions sector, estimated at €4.3bn, was more than 90% invested domestically, he said it was “a free choice, but a guided free choice”.“We were more exposed outside Romania before we saw what happened in Hungary and Poland,” he said. Poland’s pension funds are looking to increase their overseas equity holdings over concerns a continued domestic bias could cause problems with liquidity.The move to diversify comes after the private pension funds (OFEs) were stripped of around half their assets as the Polish government transferred all sovereign debt holdings to the state Social Insurance Institutions (ZUS).The reform, now subject to a class action suit, also saw the pillar barred from investing in domestic sovereign debt, with minimum 75% exposure to equities.Małgorzata Rusewicz, president of the Polish Chamber of Pension Funds, said the reform was having a negative impact on the Warsaw Stock Exchange despite the high minimum threshold.last_img read more

‘Pusher’ falls in buy-bust

first_imgBACOLOD City – He allegedly sold illegal drugs, police said.Alcher John Miranda, 28, was nabbed in a drug buy-bust operation in Barangay San Teodoro, Binalbagan, Negros Occidental, a police report showed. When frisked, Miranda yielded five more sachets of suspected illegal drugs. Miranda – resident of the village – was caught after he sold a sachet of suspected shabu to an undercover cop for P500 around 10 p.m. on June 5, it added.center_img The suspect was detained in the lockup cell of the Binalbagan municipal police station, facing charges for violation of Republic Act 9165, or the Comprehensive Dangerous Drugs Act of 2002./PNlast_img read more

Pep donates €1m to fight coronavirus

first_imgRelatedPosts Italy introduces compulsory virus testing for travellers from France Pirlo not out to copy anyone after Juventus’ comfortable opening win Nigeria records new COVID-19 infections, more deaths as figures rise to 57,242 Manchester City boss Pep Guardiola has made a donation of €1 million (£918,000) to help fight coronavirus in Spain. Spaniard Guardiola – a former manager of Barcelona, and is currently with his family at his home in the city – has made his donation to the Medical College of Barcelona and the Angel Soler Daniel Foundation. Spain is one of the worst-hit countries in Europe with more than 2,696 people dead and nearly 40,000 infected. It will go towards buying medical equipment and protective material for hospital staff in Catalonia. “Pep Guardiola has made a donation of one million euros to the Fundacio Angel Soler Daniel for the acquisition and supply of health equipment to deal with the Covid-19 pandemic,” the Foundation said in a statement. “The fundraising campaign led by the Official College of Doctors of Barcelona and managed through the Foundation, is aimed at obtaining cash donations from doctors who are members of the college and the general population to buy health equipment which is currently lacking in hospitals in Catalonia. “It will also help to finance the alternative 3D production of respirator masks and other protective items for health workers.”Tags: CoronavirusFC BarcelonaFundacio Angel Soler DanielPep Guardiolalast_img read more

Odisha FC announces contract extension for Vinit Rai

first_imgBhubaneswar: Odisha FC on Friday announced that India international Vinit Rai will continue being a part of the team till 2023. The midfielder signed the extension of his contract with the Bhubaneswar-based ISL club on Friday. Speaking on the development, Odisha FC owner Rohan Sharma said, “Today is a great day for Odisha FC. Vinit is an amazing player, a future captain, and someone who has believed what we are trying to achieve at Odisha FC since I’ve met him. I’m proud to see the growth I’ve seen for the past three years and I look forward to seeing him grow even further for the next 3 and hopefully beyond.” Expressing his delight, Vinit said, “I am very happy to renew my contract with Odisha FC. This is the club which allowed me to play regularly in the ISL and I have grown up as a player since I have joined here. We are in a good position to qualify for the playoffs this season and I want to keep working hard for this amazing club.” “I want to thank each and everyone who have shown their love and support towards me. I am also thankful to the coaches, the team management and specially Mr. Rohan Sharma. He supports all the young players so much and I just want to achieve bigger things in this season and in the upcoming editions with Odisha FC,” the 22-year-old added. IANSAlso Read: Odisha FC flex muscle at home with Mumbai City FC scalpAlso Watch: Watch Bhogali Bihu preparation from Guwahati ahead ‘Uruka’ (Night before Magh Bihu)last_img read more

Football News India vs Bangladesh: Adil Khan Strike Helps India Draw FIFA World Cup Qualifier

first_imgKolkata: A last-gasp Adil Khan header saved the blushes for India, who played their worst game of the campaign, as the home side played out a 1-1 draw against Bangladesh in their World Cup qualifiers match here on Tuesday.Saad Uddin gave Bangladesh the lead in the 42nd minute and the visitors looked like going back home with all the three points in the Group E match of World Cup qualifying second round match.Adil Khan, however, ensured that India at least secure a point from the home match as he rose highest to nod home a     Brandon Fernandes corner kick in the 88th minute. A defeat at home would have severely dented India’s hopes of advancing in the next round.India had lost to Oman 1-2 in their opening match before holding Asian champions Qatar to a goal-less draw in their previous match.  They now have two points from three matches, while Bangladesh stay at the bottom with one point from three games.Bangladesh were the more organised and penetrating side as they put up a spirited show against India who were backed by a full-capacity crowd at the Saltlake Stadium.Inspirational captain Sunil Chhetri was not at his best as also goalkeeper Gurpreet Singh Sandhu who kept at bay the marauding Qataris in the memorable drawn game in Doha.Gurpreet misjudged the flight of the ball to let in the Bangladesh’s goal to the stunning silence of the packed 65,000-plus crowd.It was Rahul Bheke who conceded a freekick on the left and Bangladesh captain Jamal Bhuyan curled it in to the far post where Gurpreet missed the flight completely and Saad Uddin finished it with a diving header.Ranked 83 places below India, Bangladesh looked more threatening and could have easily doubled the lead in the 54th minute when the right winger Mohammad Ibrahim’s shot hit the crosspiece.India woke up from their slumber only late in the second half, making a flurry of chances but then Bangladesh defence gave a good account of themselves with Ibrahim making a goal-line clearance from Anas Edathodika’s header.In the 88th minute, Adil Khan equalised, a minute after Chhetri’s shot was deflected. Brandon set it up with an accurate corner and Adil found it near the post to find the goal.The Igor Stimac-coached side paced up their attack but it was too little too late then as Bangladesh proved a point, opening their account in Group E.Earlier in the first-half, India had their share of chances. One such chance was in the 18th minute when Bheke’s powerful header zoomed over the crosspiece.India had their first shot on target in the fifth minute when Manvir Singh floated in a long-ball with Ashique Kuruniyan leaving it for Chhetri but the Indian captain volleyed it straight to the Bangladeshi goalkeeper Ashraful Islam Rana.Bangladesh also looked to penetrate early and came close in the 31st minute when Adil Khan made a mess of a back pass as Biplo Ahmed took the control of the ball but thankfully Anas Edathodika averted the danger.The 104-ranked India thus are yet to win against Bangladesh since 1999 when the Blue Tigers had won 1-0 in the SAFF Games.Bangladesh stay unbeaten from three matches against India. The last two matches between the two teams, in 2013 and 2014, ended in 1-1 and 2-2 draws respectively. For all the Latest Sports News News, Football News News, Download News Nation Android and iOS Mobile Apps.last_img read more

Update on the latest in sports:

first_imgRacing was suspended in March because of the pandemic.VIRUS OUTBREAK-SPANISH TEAMSpanish soccer players and coaches worry about resuming playMADRID (AP) — The players and coaches on Spanish soccer club Eibar have released a statement expressing their concerns about restarting the season.They say they are “afraid of starting an activity” in which they will not be able to comply with physical distancing. The championships include swimming, diving, open water swimming and synchronized swimming.NFL-JAGUARS-LYNCHJaguars sign former 49ers, Bears pass rusher Aaron LynchJACKSONVILLE, Fla. (AP) — Veteran pass rusher Aaron Lynch has signed a one-year contract with Jacksonville. He should give the Jaguars more depth in case disgruntled defender Yannick Ngakoue decides to skip part of the season.Lynch played 16 games for Chicago last year and had six tackles, two sacks and two passes defensed. He also spent four years in San Francisco. The 49ers drafted him in the fifth round in 2014. Update on the latest in sports: The Jaguars released running back Jeremy McNichols and defensive end Chuck Harris to make room for Lynch and running back Chris Thompson on the roster. Thompson signed last week.,Tampa Bay Lightning advance to face Dallas Stars in Stanley Cup finals, beating New York Islanders 2-1 in OT in Game 6 Swimming championships postponed until next yearUNDATED (AP) — The European swimming championships have been pushed back to next year because of the coronavirus pandemic and will be used as preparation for the Tokyo Olympics.The governing body of the sport in Europe says the championships have been postponed by exactly one year to May 10-23, 2021. They will stay in Budapest, Hungary.The final day is two months before the scheduled opening ceremony of the postponed Tokyo Olympics.The European event had been provisionally pushed back to August when the original dates were not possible because of the pandemic. They say they are concerned about getting infected and infecting their family members and friends and worry about the risk of another coronavirus outbreak because of soccer’s return.They demand “guarantees” and “responsibility” and say the return to action should only happen when everyone’s health is prioritized.The club itself did not appear to be involved with the statement.Players from Spanish league clubs are expected to resume practicing this week and matches could restart sometime in June. All players, coaches and club employees must be tested for COVID-19 before training resumes.VIRUS OUTBREAK-SWIMMING May 5, 2020 Share This StoryFacebookTwitteremailPrintLinkedinRedditSOUTH KOREA-BASEBALLBaseball resumes in South Korea, with no fansSEOUL, South Korea (AP) — The new baseball season has begun in South Korea with the crack of the bat and the sound of the ball smacking into the catcher’s mitt echoing around empty stadiums. UNDATED (AP) — The three biggest races in cycling will take place in a 72-day span and there will be an overlap of the Spanish Vuelta and the Giro d’Italia if competition resumes in August amid the coronavirus pandemic.The Tour de France’s start remains slated for Aug. 29 in the Riviera city of Nice. The season is now expected to end after the Spanish Vuelta on Nov. 8.The Giro d’Italia will run from Oct. 3-25 and overlap with the Spanish Vuelta and prestigious one-day races Liege-Bastogne-Liege, the Amstel Gold Race, Gent-Wevelgem and the Tour of Flanders.The Spanish Vuelta has already been cut short to 18 stages and will start on Oct. 20. That is five days before Paris-Roubaix.The International Cycling Union says racing will resume on Aug. 1 with the Strade Bianche in Italy and be followed by the postponed Milan San Remo classic on Aug. 8. Umpires wore protective masks and cheerleaders danced beneath rows of unoccupied seats as professional baseball got back on the field after a weeks-long delay because of the coronavirus pandemic.There were many faces in the stands in at least one stadium but they were pictures instead of real people because fans aren’t allowed into the venues.The country’s professional soccer leagues will kick off Friday. They will also play without spectators in the stadiums.VIRUS OUTBREAK-CYCLINGNew cycling calendar bunches up biggest races Associated Press last_img read more

Emenalo Opens Up on His Time on Chelsea Job and the…

first_imgFormer Super Eagles defender Michael Emenalo has opened up on the prejudice and hardship he faced while steering the ship of one of the world’s biggest football clubs, Chelsea.After originally joining the Blues as chief scout, Emenalo progressed through the ranks to take a seat at the top table as Technical Director, overseeing Chelsea’s crucial matters and developing the club’s youth system which can be seen bearing fruit today.Yet Emenalo feels “the narrative that white is good has to change,” he revealed in an exclusive interview with UK’s The Guardian, while documenting for the first time the extent of some of the discriminations he faced. Emenalo admits it was incredibly difficult holding such a high position yet wanting to speak out more on race related issues, with an expectance placed on him to become something of an activist.Yet even at the start of his Chelsea reign, Emenalo revealed the shocking extent of the scepticism that met his appointment.“Some people said: “Why did this Russian owner, who knows thousands and thousands of people, confide in him? He’s African so he must have killed somebody for the owner.’” No one stopped to think it could possibly be because of my intellect or experience,” Emenalo recalled.“When I was appointed (as technical director) some journalists didn’t think I spoke English. They said I had never played the game.”This, of course, was far from true. Emenalo won 14 caps for Nigeria and marked Diego Maradona and Gabriel Batistuta in the 1994 World Cup. He was named as one of the side’s stand-out performers at the tournament.Emenalo went on to work with some of the world’s most high profile managers, and happened to be responsible for giving several of them marching orders on multiple occasions.Yet although he gained more experience as the seasons passed by, Chelsea’s former technical director always felt like he had that little bit more to prove.“Everybody has a misconception of my knowledge, insight and experience. I did it 10 times with 10 managers,” said Emenalo.“Each time I climbed the hill and convinced them of my worth. I have a university degree in international relations and diplomacy. I know how to deal with people and with situations. I had World Cup experience and been part of this industry on five continents,” he outlined.“I said: “I’ll give them an opportunity to understand me.” They all did but it’s not easy starting from ground zero every time.”Following the defeat by Manchester United in the 2008 Champions League final, Emenalo admitted he was ready to walk away from the club after Avram Grant was let go. It was only Grant’s words, where he outlined how much Abramovich respected Emenalo, that saw him remain in west London.Grant spoke to Abramovich in his departing meeting, and sought assurance that Emenalo would be ‘relevant.’Abramovich, it is said, was already of the mindset that the Nigerian would play a commanding role for Chelsea as the club sought to conquer the European stage.Emenalo was present in Munich when Chelsea finally achieved their dream in 2012, beating Bayern in the Champions League final upon their own turf.He departed Chelsea in November 2017, after becoming exhausted in his role and decided to take a break. Such was his record, however, that Monaco wasted no time in acquiring his services.Emenalo left Stamford Bridge having taken pride in placing huge emphasis on the academy system – something which has now blossomed on a vast scale with the emergence of the likes of first team stars Mason Mount, Tammy Abraham and Ruben Loftus-Cheek.Having left Monaco following a difficult spell in which the club dropped to the bottom of Ligue 1, Emenalo is hopeful of a Premier League return in the near future. He does, however, feels attitudes on race desperately have to change soon.He added: “There’s always someone saying a white guy can do it better. People need to do the right thing.”Share this:FacebookRedditTwitterPrintPinterestEmailWhatsAppSkypeLinkedInTumblrPocketTelegramlast_img read more

Porzingis, Jack help Knicks edge Mavs to end 3-game skid

first_imgDOUBLE-DOUBLESKyle O’Quinn had 15 points and 11 rebounds, and Enes Kanter added 13 points and 18 boards for the Knicks. Porzingis fell just two rebounds short of a double-double of his own.UP NEXTKnicks: Return home to play Chicago on Wednesday.Mavericks: Host Orlando on Tuesday.Sports Related Videospowered by AdSparcRead Next New York Knicks guard Jarrett Jack (55) battles Dallas Mavericks guard Dennis Smith Jr. (1) for space during the first half of an NBA basketball game Sunday, Jan. 7, 2018, in Dallas. (AP Photo/Brandon Wade)DALLAS — On the day the New York Knicks guaranteed his contract for the rest of the season, Jarrett Jack hit the big shot to deliver them a victory.Jack’s floater in the lane with 31.2 seconds to play snapped a tie and the Knicks beat the Dallas Mavericks 100-96 on Sunday night.ADVERTISEMENT The Mavericks trailed 90-77 with 4:48 left, but went on a 15-2 run over the next 2:20 to tie the score at 92. Harris started and ended the run with 3-pointers.“We did what we were supposed to do all game, turned up the pressure and intensity,” Mavericks guard Wesley Matthews said. “It was just a little too late.”After Porzingis made two free throws and Barnes hit a short jumper, Jack used Porzingis’ screen to penetrate into the lane and drop in a floater.“I was just trying to be aggressive,” Jack said. “They had done a good job of mucking the game up, denying a lot of our actions, not allowing us to get the ball in the place that we were trying to get it to. (Porzingis) set a good screen. I saw I had an opening and I just tried to knock the shot down.”J.J. Barea missed a long 3 that would have given Dallas the lead, and Courtney Lee hit four free throws in the final 16.6 seconds to seal it.ADVERTISEMENT Up 56-52 at halftime, New York built its lead to 73-63 midway through the third quarter before the Mavericks closed the quarter on an 8-2 run.But after Harris’ three-point play cut the lead to 77-74 with 11:27 to play, Dallas did not score again for five minutes as the Knicks built the lead back to 13.TIP-INSKnicks: Lee has made 43 free throws in a row, the second-longest streak in Knicks history. Chris Duhon made 44 in a row in 2008-09.Mavericks: Matthews had 14 points and four Mavericks scored 11.HARPER HONOREDThe Mavericks retired Harper’s No. 12, the third Dallas player to be so honored. Harper’s jersey joins those of his former teammates Brad Davis (No. 15) and Rolando Blackman (No. 22) in the rafters. Harper played 12 seasons in a 16-year career with the Mavericks, ranking fourth in the team’s history in points and first in assists and steals. Harper also made the NBA Finals with the Knicks in 1994 and is now the analyst on Mavericks’ TV broadcasts.“I kept looking up at Brad and Ro’s numbers during the first half of the game and just thinking that I was going to be up there joining those guys. ” Harper said after the game. “When reality sets in, this is a big deal because not a lot of people get to have their jersey retired. It’s an incredible honor.”BATTLE OF THE ROOKIESHarper wore No. 11 with the Knicks, and that jersey is now worn by rookie point guard Frank Ntilikina, the eighth pick in the 2017 draft. The Mavericks took Dennis Smith, Jr. with the next pick. Smith won the scoring battle on Sunday, 11 points to seven, and both players had five assists. Ntilikina added seven rebounds and was on the floor for most of the fourth quarter as the Knicks built their double-digit lead. OSG plea to revoke ABS-CBN franchise ’a duplicitous move’ – Lacson Judy Ann’s 1st project for 2020 is giving her a ‘stomachache’ Carpio hits red carpet treatment for China Coast Guard PLAY LIST 02:14Carpio hits red carpet treatment for China Coast Guard02:56NCRPO pledges to donate P3.5 million to victims of Taal eruption00:56Heavy rain brings some relief in Australia02:37Calm moments allow Taal folks some respite03:23Negosyo sa Tagaytay City, bagsak sa pag-aalboroto ng Bulkang Taal01:13Christian Standhardinger wins PBA Best Player award LATEST STORIES Don’t miss out on the latest news and information. Jiro Manio arrested for stabbing man in Marikina OSG plea to revoke ABS-CBN franchise ’a duplicitous move’ – Lacsoncenter_img Scottie Thompson also worthy of Finals MVP, thinks Cone View comments MOST READ Redemption is sweet for Ginebra, Scottie Thompson Steam emission over Taal’s main crater ‘steady’ for past 24 hours Brian Heruela arrival bolsters Phoenix backcourt, defense Meralco ‘never the same’ after Almazan injury in PBA Finals Barca wins 3-0 before Coutinho arrival; Madrid drops points Kristaps Porzingis scored 29 points for New York, which ended a three-game losing streak and sent the Mavericks to their third straight loss — all at home.Dallas never led in the game, but for the third game in a row, the Mavericks made a late rally from a double-digit deficit — and fell short just as they had against Golden State and Chicago.FEATURED STORIESSPORTSTim Cone, Ginebra set their sights on elusive All-Filipino crownSPORTSGinebra beats Meralco again to capture PBA Governors’ Cup titleSPORTSAfter winning title, time for LA Tenorio to give back to Batangas folk“It’s really the same old story,” Mavericks coach Rick Carlisle said. “It’s an early hole, it’s a late rally, and then come up short. Bottom line is we’ve got to be better early in games.”Harrison Barnes scored 25 points and Devin Harris had nine of his 11 in the fourth quarter for Dallas on the night the team honored long-time point guard Derek Harper by retiring his jersey.last_img read more