The House of Representatives and labor unions are calling on the government and all companies to take measures to avoid widespread layoffs, especially in sectors that have been impacted by the social distancing practiced to stop COVID-19 from spreading.Lawmaker Obon Tabroni of House Commission IX overseeing labor said on Monday that employers should ensure that workers, especially those who are contract-based, who take leave as a precaution against the pandemic should be treated as on-duty and they should not lose their salaries.He said the government also needs to provide financial assistance through cash transfers to low-income people to maintain their purchasing power.”Workers in the tourism and hospitality sectors have been affected by the coronavirus, as well as in the retail sector. Do not misuse this time as a moment to lay off workers,” the Gerindra Party politician said in a statement on MondayIndonesia has yet to estimate potential job losses caused by the COVID-19 crisis. However, the government has allocated Rp 120 trillion (US$7.5 billion) to stimulate the economy by providing tax incentives and subsidies for workers, businesses and families affected by the pandemic.It has also issued a second stimulus package, worth Rp 22.9 trillion, which includes individual and corporate tax breaks, as well as relaxation of loan disbursement and restructuring requirementsOn Friday, the government teamed up with online marketplaces, e-wallets and education technology platforms to launch a preemployment card program amid an emergency response to support the workforce hit by the adverse economic impacts of COVID-19.Registration is to open at the beginning of April 2020. Participants are to get Rp 650,000 after three months of training. However, Obon argued that the preemployment card program was not made to prevent layoffs, but to subsidize workers who had lost their jobs.The chief of the Confederation of Indonesian Trade Unions, Said Iqbal, suggested a shift system, or partial dismissal, in a bid to keep production running without laying off workers.He said the pandemic was occurring almost all over the world and not only in Indonesia. Therefore, he encouraged the companies to start renegotiating with their buyers and suppliers, especially those related closely to the global supply chain.“If they don’t renegotiate, we’re worried that their production would decrease and it would lead to layoffs,” he said.Topics :
Experts are calling on the government to ensure transparency and tight supervision as it prepares a national economic recovery program that will see large funding disbursed to rescue state-owned enterprises.The government issued on Monday Government Regulation (PP) No. 23/2020 on the national economic recovery program, which stipulates efforts to support the recovery of the virus-battered economy through state capital injections (PMNs), fund placements in certain banks, government investment and state guarantees.“The state capital injection is aimed at strengthening the capital structure of the companies or their subsidiaries affected by the outbreak and to increase the SOEs and their subsidiaries’ capacity to carry out economic recovery programs mandated by the government,” the PP reads. The capital injection will be issued in accordance with prevailing laws. Just like privately owned business, several state-owned enterprises are struggling to keep their businesses afloat amid disruptions brought about by the coronavirus outbreak.Read also: Minister’s restructuring plan aims to make SOEs profitable, competitiveAccording to Finance Ministry presentation material presented in a meeting with lawmakers recently, a copy of which has been obtained by The Jakarta Post and which was neither denied nor confirmed by the ministry upon being contacted by the Post on Tuesday, the government has allocated Rp 318.09 trillion (US$21.28 billion) for the program.Of this sum, more than Rp 152 trillion is allocated for SOEs. This includes Rp 25.27 trillion for PMNs for wholly owned SOEs like electricity company PLN and construction company PT Hutama Karya, as well as Rp 94.23 trillion in the form of accelerated compensation payments to PLN and energy giant PT Pertamina. The funds will also be channeled as working capital for state-owned firms, including national flag carrier PT Garuda Indonesia, which will receive government investment for working capital worth Rp 8.5 trillion, steelmaker PT Krakatau Steel (Rp 3 trillion) and State Logistics Agency (Bulog), which will get Rp 13 trillion in working capital.Garuda Indonesia has been struggling to pay its sukuk, due in June, and to maintain its cash flow as the outbreak has hit air travel demand. Krakatau Steel, meanwhile, had been struggling to pay its debts even before the COVID-19 outbreak hit the economy.Institute for Development of Economics and Finance (Indef) economist Eko Listiyanto said the funding and capital injections to the SOEs were necessary as the firms played an integral role in the country’s economy.Read also: Garuda opens dialogue with sukuk holders as it struggles to pay duesHowever, he was also of the view that the decision seemed like a way for the government to piggyback “problematic” SOEs like Garuda and Krakatau Steel in the recovery program.“They have been having problems since long before the pandemic occurred and they are all caused by their poor corporate governance,” he told the Post.Should the government go forward with its plan to channel the funds to those SOEs, Eko stressed that the companies should be under strict supervision to ensure that they manage the funds appropriately.The PP also allows the government to provide loan interest subsidies for micro, small and medium enterprises (MSMEs) using state funds. The presentation material revealed that the government has set aside Rp 34.15 trillion in loan interest subsidies for ultra-micro enterprises and MSMEs and cooperatives.Eko lauded the move, saying that such funds could help struggling small businesses to survive the pandemic.“But the government should provide detailed mechanisms on how it will channel the incentives and advise the SMEs that it is not aid but rather simply temporary relief during the pandemic and that they should repay their debts once the situation gets back to normal,” he said.Indonesia’s more than 60 million MSMEs, which account for 60 percent of the gross domestic product (GDP) of Southeast Asia’s largest economy, are struggling to stay afloat with travel and social restrictions to contain the coronavirus severely affecting their income.Around 41 million MSMEs have access to credit from financial institutions while 23 million are not bankable.Read also: Government issues regulation on economic recovery program, focuses on SOEs, MSMEsIn addition, the PP also allows the government to place funds at certain interest rates in domestic banks, called participant banks, which provide loan restructuring and disburse additional loans to businesses to provide more liquidity to the banks.“The participant banks will later function as supporting banks to provide liquidity for [other] banks, including secondary banks [BPR], that have also provided loan restructuring and disbursed additional loans to businesses,” the PP reads. The liquidity provision will be in the form of a business-to-business scheme.Center of Reform on Economics (CORE) Indonesia economist Piter Abdullah questioned the efforts on liquidity, saying that such measures should not be within the government’s remit but rather under the central bank’s authority.“Liquidity should fall under Bank Indonesia’s [BI] responsibility and should not fall under that of the government. [BI] has all liquidity instruments to control the flow of money in the country,” he said.Topics :
NBA superstar Kobe Bryant has been instrumental to basketball players around the globe, and in Guyana it has been no different.Prior to a clash between the visiting Pacesetters and Rose Hall Town Jammers at New Amsterdam Basketball Court, there will be a minute of silence for the fallen basketball hero, who died last Sunday along with his 13-year-old daughter, in a helicopter crash in the U,S.Bryant, who led the Los Angeles Lakers to five NBA Championships, is touted as one of the best players to have ever played the game.According to president of the Berbice Amateur Basketball Association (BABA) Vibert Garrett, Kobe was an inspiration.“Kobe Bryant was an influential individual; he was a kind, loving and very supportive athlete especially towards youths. He was very keen on seeing kids involved in sports, using it as an avenue to help develop them and build confidence in what they do.”A release from BABA noted that the executives will be holding a special tribute to Bryant and are “asking all past and present basketball players” to be at the venue.“Even though he was not directly involved in the enhancement of basketball in Berbice, we, the members of the basketball association in Berbice, were able to use his life and achievements as a motivation for our youths that hard work really does pay off,” Vibert added.
Wellington Police notes: Friday, May 6 to Sunday, May 8, 2016: Friday, May 6, 2016â€¢3:05 p.m. Holly S. Kelly, 37, Peck, was issued a notice to appear for speeding 32 mph in a 20 mph school zone.â€¢3:30 p.m. Micah J. McGee, 18, Wellington was arrested on a city of Wellington warrant for battery.â€¢3:54 p.m. Officers investigated a theft of a skate board in the 200 block N. Ash, Wellington.â€¢4:51 p.m. Officers conducted a trespass warning in the 1300 block Michigan Court, Wellington by known suspect.â€¢5:14 p.m. Officers took a report of found bicycles in the 1200 block S. Washington, Wellington.â€¢Lindsey A. Garmon, 31, Wellington was issued a notice to appear for no proof of insurance. Accident occurred on May 2, 2016.â€¢7:15 p.m. Officers took a report of suspicious activity in the 1800 block E. 16th, Wellington.Saturday, May 7, 2016â€¢1:12 a.m. Officers investigated domestic battery and criminal damage to property in the 300 block E. 9th, Wellington by known suspect(s).â€¢3:52 a.m. Officers took a report of suspicious activity in the 1400 block E. 16th, Wellington.â€¢4:42 a.m. Officers investigated a counterfeiting in the 1100 block N. A, Wellington.â€¢1:19 p.m. Officers assisted an outside agency in the 1200 block S. Washington, Wellington.â€¢1:34 p.m. Juvenile male, 17, Wellington was arrested and detained on a Sedgwick County Warrant for failure to appear and theft of services.â€¢6:36 p.m. Officers took a report of a domestic family dispute known subject in the 800 block N. Woodlawn, Wellington.â€¢7:40 p.m. Officers took a report of a missing child in the Wellington. The child was located and returned.Sunday, May 8, 2016â€¢2:30 a.m. Officers investigated possession of stimulants, possession of drug paraphernalia and unlawfully obtain prescription drugs in the 2000 block E. 16th, Wellington.â€¢2:39 a.m. Officers investigated a theft by known suspect(s) in the 2000 block E. 16th, Wellington.â€¢5:01 a.m. Hollie C. Morrison, 30, Wichita, was arrested, charged and confined with possession of stimulant, possession of drug paraphernalia and unlawful possession of prescription drugs.â€¢5:45 a.m. Megan K. Murry, 32, El Dorado, was arrested, charged and confined with possession of stimulants and possession of drug paraphernalia.â€¢9:48 p.m. Officers conducted a trespass warning in the 1000 block S. Jefferson, Wellington by known suspect.
Tennis and soccer took centre stage last Friday and Saturday on the grounds of the American International School of Kingston (AISK).The schools’ Liguanea campus was host to the first weekend of the 2016 AISK SportsFeva tournament. The event is spread over two weekends and features more than 290 student athletes from Aruba, Cayman, CuraÁao and of course Jamaica.”SportsFeva 2016 has been going great so far. We had some hiccups with the rain on Saturday as it postponed the U12 TennisFeva finals, but that is to be expected as we deal with Mother Nature and a growing event. In the long run, however, the event continues to deliver for these young athletes and that’s what we are focused on,” said Shirley Davis, AISK’s Head of School.”We had TennisFeva and SoccerFeva last weekend and the turnout was great. Seeing our young athletes, and by ‘our’ I mean the region, compete and grow as athletes. Many of the competitors have been here more than once, and they have formed great bonds and friendships with each other,” added Bradley Ransom, who heads AISK’s athletics department.TennisFeva 2016 started with U-10s competing hard for bragging rights amongst their peers. A number of exciting moments kept on-lookers fully engaged in the rallies on court. In the end, Hillel Preparatory came out on top with the AISK “A” and AISK “B” teams taking second and third place respectively.The Immaculate Conception Preparatory School was recognised for being the most disciplined team and nine-year-old Tomas Bordeau from AISK was identified as the competition’s best sportsman.Hillel was not to be left out of the individual awards, as their nine-year-old Matthew James was named the most valuable player.On the U-12s side, St Peter and Paul Preparatory edged out Hopefield Preparatory for first place as Hillel “A” finished in third.Eleven-year-old Nathan Chin of St Peter and Paul was named the most valuable player, while Hillel Academy’s Xander Bicknell was named best sportsperson. Wolmer’s Preparatory was recognised as this year’s most disciplined team.The excitement of SoccerFeva could not be contained. The football tournament began on Friday with group rounds.Big winners in Friday’s group qualifiers were defending SoccerFeva Cup boys champions Jamaica College, who trumped AISK 5-0 and Campion College with their 4-2 win over Cayman Prep.In Saturday’s knock-out finals, Jamaica College defended their hold on the SoccerCup with a decisive 3-0 win over CuraÁao in the finals. JC earlier beat Hillel 1-0 to make it to the finals, while CuraÁao overcame Campion’s semi-final challenge with a 4-1 win.Competition was no less intense for the female footballers, as Cayman Prep overcoming AISK 1-0 to claim the girls title. Cayman Prep beat the American International School of Cayman 3-1 in penalties after a 3-3 draw in the semi-finals.AISK had turn back Campion College in the semis with a 3-1 win in penalties after a 1-1 draw.AISK SportsFeva 2016 ends tomorrow with ClayFeva, a clay-shooting competition, at the Skeet Shooting Club in Portmore. The excitement begins at 8 a.m.
DONEGAL’S most famous amateur weatherman has nabbed himself a date with Ireland’s top model.Michael Gallagher from Glenfin met up with gorgeous Georgia Salpa in Dublin this week for the launch of the Sandex Ireland Deserves Sun 2011 campaign.And while the pair may not exactly seem perfectly-matched, it would appear that Michael’s personality has got him places. That’s because Georgia, who only this week broke up with her long-term boyfriend, has agreed to come to Donegal to do some hill-walking with Michael!The recently-retired postman said he couldn’t believe how down-to-earth Georgia was.“She was a really nice girl and we got on great together. I said to her at the end of the photo-shoot that she should come to Donegal for a bit of hill-walking.“I thought she would just laugh at me but she said she would love to and I’m going to hold her to it,” he said. Any clever marketing boss could easily come up with the idea of calling the visit The Georgia Salpa Walking Weekend.Sure the men would be coming from every corner of the county to see Georgia in her shorts and hiking boots!EndsMICKEY PREDICTS LOTS OF MALE INTEREST WHEN GEORGIA ARRIVES IN DONEGAL was last modified: April 30th, 2011 by StephenShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window) Tags:Georgia Salpaweatherman Michael Gallagher
Kammuri turning to super typhoon less likely but possible — Pagasa Stronger peso trims PH debt value to P7.9 trillion Showing that he’s no longer feeling the effects of his wrist injury earlier in the season, the 20-year-old scored the putback off Rey Nambatac’s miss and gave the Knights a slim 69-68 lead with 3.3 seconds to play.Levi dela Cruz botched the Chiefs’ inbounds play on the other end as he threw the ball to the side of the board, allowing JP Calvo to split his freebies with 0.2 ticks remaining.FEATURED STORIESSPORTSWATCH: Drones light up sky in final leg of SEA Games torch runSPORTSSEA Games: Philippines picks up 1st win in men’s water poloSPORTSMalditas save PH from shutout“Like what I said, we really needed to play our A-game against Arellano even if they don’t have (Kent) Salado. They really played like a team until the end and that’s why it was a war of attrition until the end,” said coach Jeff Napa, who remained wary of Arellano, which played without Salado, who is nursing an slight MCL tear on his right knee.Nambatac scattered 25 points on a 4-of-7 clip from three on top of nine rebounds and three assists to keep his collegiate career alive. CPP denies ‘Ka Diego’ arrest caused ‘mass panic’ among S. Tagalog NPA Japan ex-PM Nakasone who boosted ties with US dies at 101 Aquino to Filipinos: Stand up vs abuses before you suffer De Lima’s ordeal PLAY LIST 02:07Aquino to Filipinos: Stand up vs abuses before you suffer De Lima’s ordeal00:50Trending Articles00:50Trending Articles01:37Protesters burn down Iran consulate in Najaf01:47Panelo casts doubts on Robredo’s drug war ‘discoveries’01:29Police teams find crossbows, bows in HK university01:35Panelo suggests discounted SEA Games tickets for students02:49Robredo: True leaders perform well despite having ‘uninspiring’ boss02:42PH underwater hockey team aims to make waves in SEA Games Photo by Tristan Tamayo/ INQUIRER.netJeo Ambohot saved the day for Letran as the Knights escaped the clutches of Arellano, 70-68, to advance to the second phase of the fourth-place playoff in the NCAA Season 93 men’s basketball tournament Friday at Filoil Flying V Centre in San Juan.Letran arranged a knockout duel against San Sebastian for the fourth spot on Tuesday at Mall of Asia Arena, while also halting Arellano’s four-game winning streak to end the second round.ADVERTISEMENT Quarters: 24-16, 38-36, 54-49, 70-68. Brace for potentially devastating typhoon approaching PH – NDRRMC JP Calvo added 11 markers, five boards, and two dimes, while Bong Quinto unloaded nine points despite shooting 4-of-14 from the field.“We need to be disciplined,” said Napa of the impending duel between the Knights and the Golden Stags. “We need to correct a lot in practice because we still had lapses, but we will do our job and the boys will give it their all, their hearts in that game.”Levi dela Cruz paced the Chiefs with 18 points and three assists, while Rence Alcoriza played the game of his life as he poured 13 of his 16 markers, alongside five boards in the losing effort.The Scores:LETRAN 70 – Nambatac 25, Calvo 11, Quinto 9, Balanza 8, Vacaro 6, Balagasay 5, Ambohot 4, Gedaria 2, Taladua 0.ARELLANO 68 – Dela Cruz 18, Alcoriza 16, Canete 12, Flores 7, Enriquez 5, Taywan 4, Nicholls 3, Abanes 3, Concepcion 0, Villoria 0, Ongolo Ongolo 0, Meca 0.ADVERTISEMENT #KicksStalker: Pop-up store for Filipino sneakerheads Don’t miss out on the latest news and information. Typhoon Kammuri accelerates, gains strength en route to PH For the complete collegiate sports coverage including scores, schedules and stories, visit Inquirer Varsity. LATEST STORIES MOST READ Read Next Kin of Misamis Oriental hero cop to get death benefits, award — PNP QC cops nab robbery gang leader, cohort View comments
“We’re a new team and it was evident that we’re still not familiar with each other,” said Go for Gold coach Charles Tiu. “I’m just happy because it was a good test for our team to learn.”Senegalese big man Clement Leutcheu was a rock down low for Go for Gold, finishing with 14 points, seven rebounds, and two blocks, while Gaco flirted with a double-double with 13 markers and nine boards.FEATURED STORIESSPORTSWATCH: Drones light up sky in final leg of SEA Games torch runSPORTSLillard, Anthony lead Blazers over ThunderSPORTSMalditas save PH from shutoutJustin Gutang also stepped up for the Scratchers with 10 points and 13 rebounds, while Kent Salado got nine markers, five boards, four assists, and three steals before going down with an apparent MCL injury on his right knee at the 2:48 mark of the third quarter.Go for Gold swung the tide to its favor early in the fourth quarter as it staged a 7-0 run to grab a 62-55 cushion with 6:03 left to play and never let go of the lead. MOST READ View comments Slow and steady hope for near-extinct Bangladesh tortoises Don’t miss out on the latest news and information. Typhoon Kammuri accelerates, gains strength en route to PH 2 ‘newbie’ drug pushers fall in Lucena sting PBA IMAGESGo for Gold got its campaign going with a come-from-behind win, 75-68, over Gamboa Coffee Mix-St. Clare in the 2018 PBA D-League Aspirants Cup Monday at Pasig City Sports Center.After trailing by double-digits in the second quarter, the Scratchers got their act together as veterans Jerwin Gaco and J-Jay Alejandro led the fightback.ADVERTISEMENT Globe Business launches leading cloud-enabled and hardware-agnostic conferencing platform in PH Kammuri turning to super typhoon less likely but possible — Pagasa LATEST STORIES Read Next Brace for potentially devastating typhoon approaching PH – NDRRMC NEXT BLOCK ASIA 2.0 introduces GURUS AWARDS to recognize and reward industry influencers Trending Articles PLAY LIST 00:50Trending Articles03:07PH billiards team upbeat about gold medal chances in SEA Games00:50Trending Articles01:29Police teams find crossbows, bows in HK university01:35Panelo suggests discounted SEA Games tickets for students02:49Robredo: True leaders perform well despite having ‘uninspiring’ boss02:42PH underwater hockey team aims to make waves in SEA Games01:44Philippines marks anniversary of massacre with calls for justice01:19Fire erupts in Barangay Tatalon in Quezon City Oladipo’s 19 leads Pacers, snapping Spurs’ home streak Aris Dionisio paced the Coffee Lovers with 19 points and 13 rebounds, but missed his final three freebies with 55.1 seconds remaining which could have kept his side fighting down the stretch.Raymond Rubio got 11 markers and six boards in the loss.The Scores:GO FOR GOLD 75 — Leutcheu 14, Gaco 13, Gutang 10, Salado 9, Naboa 8, Salem 8, Alejandro 5, Dixon 3, Pili 2, San Juan 2, Domingo 1.GAMBOA COFFEE MIX-ST. CLARE 68 — Dionisio 19, Rubio 11, Pare 10, Ambuludto 8, Hallare 6, Rebugio 6, Jackson 4, Acuno 2, Bitoon 2, Alcober 0.ADVERTISEMENT Quarters: 14-19, 30-33, 52-53, 75-68. John Lloyd Cruz a dashing guest at Vhong Navarro’s wedding
United States Olympic swimmer Ryan Lochte won’t be going back to Rio – at least not to face any of the charges brought against him.Ryan Lochte, who is being charged by Rio police with filing a false police report, will not be heading back to the site of the 2016 Olympic games to deal with the legal situation. Lochte was interviewed by TMZ early this morning and made it clear he will not return to face the charges.Lochte didn’t close the door on returning to Brazil someday – but obviously he’d have to settle with the city before that could happen. He also doesn’t believe that the U.S. Olympic Committee is going to penalize him for his actions.Ryan Lochte — I Won’t Go to Brazil to Face Charges … Not Happening (VIDEO) https://t.co/tHlgTdSiiM— TMZ (@TMZ) August 29, 2016No, this doesn’t come as a surprise. Most didn’t believe that it would be in Lochte’s best interest to return. But now it’s confirmed that he won’t be.