PDM budget to finance ideas from KPMG Tourism Report Two developments touted

first_imgFacebook Twitter Google+LinkedInPinterestWhatsApp Facebook Twitter Google+LinkedInPinterestWhatsAppTurks and Caicos, April 6, 2017 – Providenciales – Major Developments in tourism sector are expected to be rolled out in the coming months and will be in keeping with the recommendations put forward by the KPMG TCI Tourism Strategy Report completed and published since 2015.Tourism Minister Ralph Higgs showed obvious disdain for the former administration’s failure to implement any of the recommendations of the report.  Higgs said the PDM Administration is now ready to at least tackle the ‘low hanging fruit’ for transformation of the sector.  “For the first time since the introduction of the KPMG report, we have made funds available for the implementation of that report. So as soon as the budget is passed we will roll out a calendar of events carrying out the Change Document, consistent with the recommendations of the KPMG report”The minister in presenting the his ministry’s accomplishments in the PDM government’s First 100 days in office press conference, announced several projects on the cards including the Royal Reef Project, which is said to be in its final phases. The project is expected to benefit residents of North and Middle Caicos, whom the minister reminded were not forgotten by his administration.   Tourism is awaiting the sign off for the Royal Reef Project from investors and stakeholders, and he urged the developers to move quickly on their final plans.Royal Reef had been stalled and is expected to make a rebound and bring much needed employment opportunities to residents of the country’s two largest islands. Minister Higgs confirmed also that  approval was met for the development of a Boutique and Hotel in North Caicos.Meanwhile, plans include the creation of a future terminal in Sandy Point as discussed with the Ports Authority. It is expected that an Environment Impact Assessment will come first for the Sandy Point area. The minister says its aim is to quote “give relief to persons who use those channels for boating and shipping purposes” that there would be no negative environmental effect on the pristine waterway in North Caicos.Story by: Kimberly Ramkhalawan#MagneticMediaNews#twodevelopmentsforNorthCaicos#KPMGtourismreport Related Items:#KPMGtourismreport, #magneticmedianews, #twodevelopmentsforNorthCaicoslast_img read more

Read more

Reliance BP line up Rs 9750 crore fund to develop six satellite

first_img[Representative image]. REUTERS/Nerijus Adomaitis/File PhotoOil-to-telecoms conglomerate Reliance Industries (RIL) partnered UK-based BP to invest about Rs 9,750 crore ($1.5 billion) to develop six satellite gas fields in the Krishna Godavari Dhirubhai 6 (KG-D6) block by 2022.Earlier on Monday, both the companies submitted the field development plans to the office of Directorate General of Hydrocarbons (DGH), sources aware of the development told news agency PTI.RIL and BP plan to develop four deep sea satellite gas finds — D-2, D-6, D-19 and D-22 — in the Krishna Godavari basin block. Overall 5-6 gas producing wells will be drilled, which will be later attached to production facilities.The peak output is expected in the range between 10 to 12 million standard cubic meters per day (mmscmd), the company said in a statement. “The four satellites and the two other satellite finds (D29 and D30), R-Series and MJ gas discoveries, are the ones on which RIL and BP had in mid-June this year announced investing Rs 40,000 crore to reserve the flagging production from KG-D6 block,” PTI reported.Development of the six satellite finds will be conducted together, while D-34 or R-Series and D-55 (MJ) would have separate development plans, sources said.Earlier in 2012, the government had approved a Rs 9,750 crore ($ 1.5 billion) plan to drill out 10.36 million standard cubic meters per day of gas from four satellite fields of the block by 2016-17.According to the report, the four fields have 617 billion cubic feet of reserves and can approximately produce gas for next eight years.The companies do not want to change the investment plan for D-34 or R-Series gas field in the same block, which was earlier approved in August 2013, the report said. Currently, the D-34 discovery holds estimated reserves of 1.4 trillion cubic feet, which means about 12.9 mmscmd of gas for a period of 13 years can be drilled out from it.Reliance posted a 12.8 percent rise in its net profit on a year-on-year basis, at Rs 8,097 crore for the second quarter ended September 30, propelled with higher margins from its core refining and petrochemicals businesses.last_img read more

Read more

Celebrities face up to 3year ban heavy penalty for misleading ads in

first_img[Representational image]Creative CommonsThe new Consumer Protection Bill is no good news for celebrities — they will be made accountable for misleading ads and will have to pay dearly for the offence.  The Consumer Protection Bill, 2018 proposes that the celebrities endorsing misleading ads should be made to pay penalty up to Rs 50 lakh and serve a ban from making an endorsement of any product or service of up to three years. However, the bill did not include an earlier recommendation by a Parliamentary Standing Committee to impose jail term for deceptive endorsements.The bill, which seeks to replace the 31-year-old law in force now, was introduced by Consumer Affairs Minister Ram Vilas Paswan in the Lok Sabha.The bill is awaiting clearance by Parliament. The main thrust of the new Consumer Protection Bill is to eliminate the false and misleading advertisements. A Central Consumer Protection Authority (CCPA) is also proposed in the bill.  If it is clear to the CCPA that a particular advertisement is false or misleading, the authority may issue directions to endorsers, advertiser, publisher and traders and manufacturers to stop or make changes. Also the CCPA have the right to impose a penalty of up to Rs 1 million on endorsers and manufacturers. If subsequent violation happens penalty will be of up to Rs 5 million.The authority will also have the power to ban endorser of false or misleading ads from making an endorsement of any product or service for a period of one year, the subsequent violation will attract a ban of up to three years.”No endorser shall be liable to a penalty if he has exercised due diligence to verify the veracity of the claims made in the advertisement regarding the product or service being endorsed by him,” the bill said, reports PTI.The Parliamentary Standing Committee that reviews the Consumer Protection Bill, 2015, had suggested strict penalty and jail term for endorsers of misleading ads. Although, the government did not accept the recommendation of jail term and has instead proposed ban of up to three years. In case of those publishing misleading ads, the Bill empowers CCPA to slap a penalty of up to Rs 1 million. Although, no penalty will be levied if publishers prove that the ad was published in the ordinary course of their business.”No defence shall be available to such person if he had previous knowledge of the order passed by the CCPA for withdrawal of or modification of such advertisement,” the bill said.last_img read more

Read more

Iran launches ballistic missile

first_imgIran has launched a ballistic missile with a range of 2,000 km. Reuters File PhotoIran has “successfully” launched a ballistic missile with a range of 2,000 km, a state-media report said on Saturday.State-run Press TV broadcast a footage released by the government of “the successful test-launch” of its new ballistic missile, Khorramshahr, a few hours after it was unveiled during a military parade here on Friday with president Hassan Rouhani and senior military officials in attendance, reports Xinhua news agency.The report said the missile was launched late Friday, without providing further details.The ballistic missile is capable of carrying multiple warheads, Brigadier General Amir Ali Hajizadeh, a senior commander of the Islamic Revolution Guards Corps (IRGC) Aerospace Division, told the media on Friday.”The missile has become smaller in size (compared to other Iranian ballistic missiles) and more tactical, and it will be operational in the near future,” Hajizadeh said without further elaboration.On Friday, the Iranian armed forces commemorated the 1980-1988 war with Iraq by holding a parade in which Iran’s most advanced military power and abilities are showcased.Iran also displayed other home-made advanced missiles, including ballistic missiles, which are reported to have ranges of 1,300 km to 2,000 km.last_img read more

Read more

What Exonerations Mean For The Texas Death Penalty Debate

first_img X 00:00 /00:00 Share Listen To embed this piece of audio in your site, please use this code: PexelsTexas is the state with the highest number of privately managed federal prisons that the Department of Justice will reduce and eventually eliminate.There are 242 people on death row in Texas. The crimes they were convicted of are deemed to be the most serious a person can commit. But are all of them guilty?KERA’s Christopher Connelly introduces us to one man who Anthony Graves says no. He spent more than 18 years incarcerated – 12 of them on death row – for a crime he didn’t commit. As part of our look at capital punishment in Texas that we’re calling State of Executions, we have this look at what exonerations mean for the death penalty debate.TSCThese days, Anthony Graves says he has a good life. He lives in a large house on a tree-lined street in a nice neighborhood in Houston, with his dog named Papi.“It is a Chihuahua mixed with a pitt – don’t ask me how that happened. I saw him on Doggy Oodles, and I felt like I needed to rescue him,” Graves explained.A decade ago Graves was on death row.  In 1992, Graves was wrongfully convicted as an accomplice to murder in the tiny town of Somerville. The murderer told police Graves helped him kill six people and burn down their house. The murderer later recanted, but Graves was still convicted, and sentenced to death by the state of Texas. “It was just mind boggling to me that this man was sitting across from me telling me that they’re going to kill me for something I know absolutely nothing about. And how am I supposed to process this and then continue to carry on?” Graves said.    Graves saw his execution postponed twice before his conviction was finally overturned. After 18-and-a-half years behind bars, Graves was exonerated and released in 2010. He now runs a foundation that re-examines questionable convictions and sentences.Mike Ware leads the Innocence Project of Texas and he says Graves is not an isolated case.“What my experience has taught me is that there are many undetected wrongful convictions in Texas prisons. And I know that because I know when we look for them we find them,” Ware said.More than three hundred people have been exonerated in Texas since 1989. Together, they spent more than 1,700 years behind bars. Most exonerees weren’t on death row, but thirteen of them – including Graves – were.Exonerations have skyrocketed in recent years. Part of that is science – more use of DNA evidence and changes in forensics. Many prosecutors’ offices now have units that re-examine possible wrongful convictions. And there are groups like the Innocence ProjectThe exonerations have spurred legislation. Nicole Casarez is the lawyer who helped free Anthony Graves.“Exonerations tell us what the causes of wrongful convictions are. If we study them, they’re like the black boxes on an airplane. They can tell us what goes wrong. And Texas has made some changes to address some of those issues,” she said.More reforms are being proposed in Austin this session. But Casarez says there is a bigger, systemic disparity that the death penalty illuminates.“There aren’t any rich people on death row. If you are poor, if you are unable to hire good counsel, you’re much more likely to end up with the death penalty. And that’s something I think we need to be concerned about,” she said.John Whitmire leads the criminal justice committee in the Texas Senate – and he says there are a number of ways the justice system still needs fixing. Still, he says we shouldn’t look past the vast majority of people on death row who have conclusively committed terrible crimes.“I take it very serious every time someone is executed. I reflect, I pause. Obviously we have a responsibility to do it right. But personally, I support the death penalty,” he said.Like Whitmire, 75 percent of Texans support the death penalty. That’s according to a 2015 poll from the Texas Tribune and UT Austin. That poll found 59 percent said they believe people are occasionally, or often wrongfully convicted in death penalty cases. Graves says exonerations make it clear that the justice system sometimes fails. “We still don’t want to acknowledge that we have a badly flawed justice system, from top to bottom. And it starts with the way we think, and the way we see other people, those who don’t look like us,” he said.So Graves says reform efforts are good – but they will always be too small, too weak, and too late until people are ready to grapple with the reality of capital punishment in Texas.last_img read more

Read more

Insider Tips for Technology Shopping

first_img Register Now » Ramon Ray is Entrepreneur.com’s “Tech Basics” columnist and editor of Smallbiztechnology.com. He’s the author ofTechnology Solutions for Growing Businesses and has helped thousands of small businesses use technology as a tool to grow. Ray currently serves on the board of directors and the technology committee for the Manhattan Chamber of Commerce. 5 min read When you’re on the hunt for business technology products for your company, you’ve got a lot of choices to consider. I’ve outlined six tech products that every business needs, and highlighted the two most important features of each–things you’ll need to keep in mind when you start shopping.Notebook ComputerA notebook computer is a powerful tool for professionals on the go, but how much it weighs can affect your productivity on the road. Weight is a critical factor to consider when buying a notebook computer. If the only commute you have is going from your desk to your car, a heavier desktop replacement notebook will do you just fine. But for all you road warriors out there, you’ll want to look for a five- to seven-pound notebook–it’s lightweight enough to travel comfortably with but won’t skimp on important features like screen and keyboard size, battery life and processor speed.The warranty on your notebook computer is also important. If you take your notebook everywhere you go, you want to ensure that if there’s a problem (you drop it or the hard disk crashes just before an important presentation), your technology vendor can provide fast support.Desktop ComputerYour desktop computer is much like a smoke detector–you probably don’t think about it until there’s a problem. There are two things that will make your desktop computer run most effectively–hard disk space and RAM. Ten years ago, creating videos, downloading software and storing pictures weren’t things many businesses did. Today, however, we’re doing this more and more, so you should really have a large hard disk on your computer. RAM is important because as hardware evolves, software does, too. The more software you’re running on your computer, the more RAM you need to run the programs without crashing your computer.Color Laser PrinterColor laser printers are coming down in price, and you can easily buy one for around $500. When shopping for a color laser printer, the two important things to consider are the speed of the printer and the quality of the print. You don’t want to have to wait 30 minutes for color prints of your latest brochure, and you want clients to have as high a quality print as possible. Having a color laser printer on site allows you to print in your office instead of having to go to your local copy shop for high-price color copies.Black-and-White Laser PrinterYour basic black-and-white laser printer is most likely one of the most used and abused devices in your office. So it’s important to make sure it offers quick print times, easy-to-replace parts (including frequent consumables like ink), and a good warranty.Quick printing is important because having to wait several minutes for your documents to print adds up after awhile. And what if you need to replace a basic part on the printer? You’ll want to find out how easy it is to replace and how much it’ll cost so you can decide the cost of the printer is justified.SmartphoneI’m not sure how many of you used the Casio B.O.S.S or Sharp Wizard electronic organizers of the 1990s–those were the days! Today any self-respecting business professional has a smartphone that blends a PDA and cell phone (most also come with a camera and other neat features). These mobile wonders also let you check your e-mail and surf the web.There are two main things to keep in mind when shopping for a smartphone: Do you want a Windows-based PDA, or something else, like a Palm or BlackBerry, for instance? And how heavy is your e-mail use? If your life revolves around Microsoft Outlook and other Microsoft-centric tools, a Windows-based PDA is probably best for you. If you want to read and respond to a lot of e-mails on the road, it’s best to get a PDA that facilitates the best use of typing e-mail messages and managing your inbox.High-Speed Internet ConnectionEvery high-speed internet connection is not the same, and you’ll quickly discover this if you’re not careful about which service you subscribe to. The two things to keep in mind are the quality of the service and whether the speed is asynchronous or synchronous. (Asynchronous means your upload speed is going to be slower than your download speed. Synchronous means your upload and download speed will be the same.) If your internet connection is absolutely critical to your business, then make sure your provider can guarantee you a certain quality of service (QoS)–99% is about the best you can get. You don’t want to have to call your ISP every other day or have to reset your router once a week because the connection isn’t good. If download speed is the most important thing to you but you’re mainly browsing the internet and checking e-mail, then you can save money by getting an internet connection with a slower download speed. Growing a business sometimes requires thinking outside the box.center_img Opinions expressed by Entrepreneur contributors are their own. September 13, 2006 Free Webinar | Sept. 9: The Entrepreneur’s Playbook for Going Globallast_img read more

Read more

Intel Unveils Platform to Simplify Connectivity of Products

first_img 2 min read This story originally appeared on Reuters Intel Corp on Tuesday unveiled a new platform to make it easier for companies to create Internet-connected smart products using its chips, security and software.Intel’s platform is like a set of building blocks based on the chipmaker’s components and software for companies to create smart, connected devices, Doug Davis, head of Intel’s Internet of Things business, said at a launch event in San Francisco.It also aims to make it easier to connect to data centers in order analyze data collected from devices’ sensors.”We’re creating compute capability in end-point devices that scale from our highest performance Xeon processor to the Quark family of products,” Davis said, referring to Intel’s chips.After moving slowly in recent years to adapt its personal computer chips for smartphones and tablets, Intel is determined to make sure it is on the leading edge of future computing trends, industry experts and company executives have said.Adding processors, sensors and web connectivity to devices from soccer balls to industrial machinery, an emerging trend dubbed the Internet of Things, has become a new battleground for Intel, rival Qualcomm and other technology companies.The install base of wireless gadgets will more than double by the end of the decade, with most of the growth coming from smart devices other than PCs and smartphones, according to market research firm ABI Research.Intel’s Internet of Things Group had $530 million in revenue in the September quarter. That accounted for just 4 percent of Intel’s total revenue in the quarter, but it grew 14 percent over the previous year, which was faster than the company’s PC business. Dell, SAP, Tata Consultancy, Accenture and other companies are working with the new reference model, Davis said.(Reporting by Noel Randewich; Editing by Alan Crosby) December 10, 2014 Free Webinar | Sept. 9: The Entrepreneur’s Playbook for Going Global Register Now » Growing a business sometimes requires thinking outside the box.last_img read more

Read more