McGinley points the way as Rathdowney-Errill remain in contention in Division 1

first_imgTheir next two games are crucial in their bid to avoid relegation – against Abbeyleix and Portlaoise, the two sides above them on the table.RATHDOWNEY-ERRILL: Noel Brennan; Brian Campion, Alan Delaney, John Keane; Joe Fitzpatrick, Jimmy Corrigan, Kevin O’Dea; Paddy Meehan, Shane Dollard; Tadhg Dowling, John Purcell, David Poynton; Sean Delaney, Eoin Bourke, Brandon McGinley. Subs: Damien Madden, Liam O’Connell, Vinny Cleere, Dylan Doyle, Gavin DelaneyCASTLETOWN: Mick Cuddy; Martin Reddin, Owen Peters, Paul Croke; Shane Cuddy, Evan Cuddy, John Gaughan; Aaron Gaughan, Fionan Cuddy; Shane Phelan, Gearoid Gaughan, Kevin Carroll; James Hooban, Joe Phelan, Brendan Reddin. Home Sport GAA McGinley points the way as Rathdowney-Errill remain in contention in Division 1 SportGAAHurling Community TAGSACHL Division 1CastletownCastletown v Rathdowney-ErrillRathdowney-Errill By Steven Miller – 16th May 2018 Pinterest Five Laois monuments to receive almost €200,000 in government funding Facebook Twitter McGinley points the way as Rathdowney-Errill remain in contention in Division 1 Pinterest Twittercenter_img Rugby WhatsApp RELATED ARTICLESMORE FROM AUTHOR Facebook Ten Laois based players named on Leinster rugby U-18 girls squad WhatsApp Previous articleLiam edges Johnny, Kilcruise defeat Killeen and all tonight’s Laois GAA resultsNext articleAward winning Laois garden designer returns to Bloom festival Steven Millerhttp://www.laoistoday.ieSteven Miller is owner and managing editor of LaoisToday.ie. From Laois, Steven studied Journalism in DCU and has 14 years experience in the media, almost 10 of those in an editorial role. Husband of Emily, father of William and Lillian, he’s happiest when he’s telling stories or kicking a point. Community Rathdowney-Errill 1-17 Castletown 0-12 ACHL Division 1Brandon McGinley helped himself to eight points and Liam O’Connell got the game’s only goal within minutes of coming on as a sub as Rathdowney-Errill kept their ACHL Division 1 hopes alive thanks to an eight-point win over Castletown this evening.The result means that Rathdowney-Errill move onto seven points after five games, level with The Harps and one behind Clough-Ballacolla, Camross and Borris-Kilcotton who are all on eight.There are two rounds of games still remaining with the top team going through to the final and second and third playing off in the semi-final.The sides were level at 0-4 each midway through the opening half but a long-range Joe Fitzpatrick free put Rathdowney-Errill ahead and they pushed on to lead 0-8 to 0-5 at the break.The lively Brandon McGinley was on form from frees and play and with Jimmy Corrigan, John Purcell and David Poynton all on target, there was to be no denying John Delaney’s men, especially after O’Connell’s impressive goal.Shane Phelan and Fionan Cuddy accounted for most of Castletown’s scores but they are still awaiting their first win following five losses on he trot. Charlie Flanagan on Electric Picnic: ‘I’d ask organisers to consult with community leaders’last_img read more

The Laois link to the Limerick captain’s All-Ireland success

first_img Ten Laois based players named on Leinster rugby U-18 girls squad The Laois link to the Limerick captain’s All-Ireland success RELATED ARTICLESMORE FROM AUTHOR Rugby Pinterest Community Community Previous articleNew alerts system to save Laois schools thousandsNext articleLegendary multiple winning Eurovision singer coming to Electric Picnic Siun Lennonhttp://heresosiun.blogspot.ie/2016/09/the-lekkie-piccie-experience.htmlSiún Lennon joined LaoisToday in a full-time capacity after studying Journalism and New Media in the University of Limerick. She hails from Rosenallis and her interests vary from news, sports and politics. Home We Are Laois The Laois link to the Limerick captain’s All-Ireland success We Are Laois By Siun Lennon – 21st August 2018 Facebook Twittercenter_img Charlie Flanagan on Electric Picnic: ‘I’d ask organisers to consult with community leaders’ Where do you go for All-Ireland winning hurls? Well All-Ireland winning Limerick captain Declan Hannon comes to Laois.The robust centre-back sources his ash from Cuddy Sports in Meelick, Portlaoise.It is a recent change for Hannon as he has only moved to Cuddy’s this year. TAGSCuddy Hurls Facebook Five Laois monuments to receive almost €200,000 in government funding Twitter WhatsApp Pinterest “Ah Declan’s been coming to us for the past year,” said owner of Cuddy hurls, Martin Cuddy.“He gets four or five hurls off us each time, and he’s been up here three times in the past year.”So what is the Star Man of the Match really like? “He’s an absolute gentleman,” said Martin. “He talks about the matches a small but he would never boast. He’s very straight-forward.“I was talking to him yesterday morning before he visited Crumlin Children’s hospital – he’s a bit tired now alright!” laughed Declan.Making an appearance at the Ploughing championships There is good news for hurling fans, as the All-Ireland winning captain will be visiting the Cuddy Sports stand at the Ploughing championships from Tuesday 18 to Thursday 20 September in Screggan, Offaly.Declan and Cuddy Sports will be lining out at block four, row 37 at stand 725.SEE ALSO – Our hurling Team of the Week following a defining period of games WhatsApplast_img read more

Fishing campaign propaganda mocked by residents

first_img SHARE Fishing campaign propaganda mocked by residents RELATED ARTICLESMORE FROM AUTHOR News Proposal to shift “general markets” to “specialized markets” finds little support among N. Korean leaders Some North Korean residents are said to be mocking Kim Jong Un’s emphasis on “fish abundance,” while others are criticizing the state propaganda attributing the country’s fishing successes to its leader.“These days, considerable volumes of sailfin sandfish are being caught in the northern waters of the East Sea as is usual this time of year, but the state media is suddenly claiming it as possible because of the ‘leader’s profound love for the people,’ and that it is a ‘new legend of fishing history.’ This is leaving the residents perplexed,” a source in North Hamgyong Province noted on November 28.According to the source, residents are also pointing out that, unlike the Rodong Sinmun’s claims, the capture of approximately 90,000 fish in 20 days is not a “miracle” but somewhat normal given the weather.“The abundant fish catch was possible due to the proper temperature of the seawater for sailfin sandfish this year. It is becoming an item of mockery for residents that the state is publicizing the natural turn of events as if it’s the accomplishment of the leader,” the source explained.Many residents are sarcastically saying that Kim Jong Un has “summoned the sailfin sandfish from the sea,” and the market vendors are now calling sailfin sandfish “‘golden fish,’ in mockery of the propaganda term ‘golden year,’” the source said.Some argue that Kim Jong Un’s visits to the fisheries stations of the Korean People’s Army on January 8, May 27, and August 25 were part of a pre-planned script to tout successes in the fishing industry as his own achievements. A source in South Hamgyong Province added that the state only supplies proper vessels, diesel, and equipment to the few units that are subject to site visits and/or key outfits involved in foreign-currency earning for the regime. “Ordinary fishing operations have been completely abandoned,” he said. “The state merely emphasizes that they should press on in the ‘spirit of self-help’ without provisions, as usual.”On the East Sea coast, sailfin sandfish are normally captured in November every year. But the authorities are not providing the harvested fish to residents, save for propaganda purposes to limited areas of the floodstricken northeastern regions. The male fish are supplied to military bases and the female fish are all exported to China.“Residents of the seaside villages and the fishermen are doing manual fishing with small boats in minor waterways around mountains or large rock formations. Only the sandfish caught this way are traded in the market. Intermediaries are actively buying female sandfish at the seaside, paying 1,000 KPW per fish,” he concluded. Facebook Twitter By Choi Song Min – 2016.12.01 2:50pm News AvatarChoi Song Min North Korea Market Price Update: June 8, 2021 (Rice and USD Exchange Rate Only) The Rodong Sinmun reported on November 17 that Kim Jong Un visited the January 8 Fishery Station and the May 27 Fishery Station (both under the Korean People’s Army). Image: Rodong Sinmun NewsEconomy News US dollar and Chinese reminbi plummet against North Korean won once again last_img read more

Mckenzie Challenges Councillors to Carry out Duties Fairly

first_imgRelatedMckenzie Challenges Councillors to Carry out Duties Fairly FacebookTwitterWhatsAppEmail Mayor of Kingston, Councillor Desmond McKenzie has challenged the 40 newly elected members of the Council, to carry out their responsibilities to the people in their divisions with fervour and without political favour.The 40 councillors took the Oath of Office on (January 8), at the offices of the Kingston and St. Andrew Corporation in downtown Kingston.Councillor McKenzie, who was speaking at the swearing-in ceremony, called for a non-partisan and inclusive approach in their representation. “Remember, we do not only represent those who support us. We represent all who fall within our borders,” the Mayor reminded.He reiterated the importance of councillors attending meetings, and pointed out that this alone would not be enough. “It is your approach to your job and the contributions that you make to the debates that are important,” he said.The Mayor also called for a restoration of dignified behaviour among members, while making critical decisions in Council. “We can do it in a dignified manner. We don’t have to be at each other’s throat to make our points,” he emphasized.“We have already set new standards since 2003, and nothing less is expected in this new term. Let us now consolidate those gains, because the people of Kingston and St. Andrew are expecting no less from us,” he added.The Mayor told the eight new councillors from both Opposition and Government that it would not be “a bed of roses.”“Some of you may think that your job ended when you were re-elected on December 5. Well, you have another guess coming. You have been given an opportunity by the people to show what you can do for them. I am urging you today to do everything you can to fulfill that mandate and validate their trust in you,” Mayor McKenzie challenged.He noted that the Council has a critical role in aiding the process of local government reform. “Municipalities that are properly financed and monitored can reduce the pressures on Central Government and empower people at the community level to have a greater say in how their problems are tackled and resolved. However, for this to work there has to be a significant paradigm shift. The public will have to accept that they have a greater responsibility in demanding accountability from the Council and the councillors,” the Mayor said.Mr. McKenzie also charged the society to become more involved in their government, holding it accountable, so that “the society becomes stronger, more compassionate and better prepared for the challenges of the future.”Minority Leader, Councillor Angela Brown-Burke in her remarks, pledged to “serve the people with sincerity, honesty, integrity with no regard for political affiliation, ill will or partiality.”She also spoke of the need for the Council to maintain transparency and demanded that the Council fast forward plans to establish a website, so that all the Council’s transactions could be posted publicly.Mayor McKenzie informed that he has instructed the Town Clerk to have the website up and running by the end of February. RelatedMckenzie Challenges Councillors to Carry out Duties Fairly Mckenzie Challenges Councillors to Carry out Duties Fairly UncategorizedJanuary 9, 2008center_img RelatedMckenzie Challenges Councillors to Carry out Duties Fairly Advertisementslast_img read more

“Can-Do” Territory: New Portal Making it Easier to Set Up Business

first_img“Can-Do” Territory: New Portal Making it Easier to Set Up Business NT GovernmentThe Territory Labor Government promised to make the Territory the easiest place in the country to do business – and we are doing just that.The Can-Do Territory online portal launches today and will enable people to apply online, in one spot, to start up a café, restaurant or retail business.The new digital portal is a direct recommendation of the Territory Economic Reconstruction Commission. We’re slashing red tape and making it easier for small businesses to start, run and grow – saving time and resources for busy business owners.This is just the beginning, the platform will continue to expand, including more business applications, improving and streamlining approval processes and making it easier for Territorians to lodge and track forms and access business information.As part of the first stage of the Can-Do Territory portal, from today, anyone looking to lodge and track applications online to start a café, restaurant or retail business include:· Registering or renewing a food business· Applying for a liquor licence· Applying for a trade waste permit· Accessing key links to information such as applying for an ABN, how to write a business plan or advice on licences and permitsOnce an application is made a tracking number will be sent via SMS and be unique to the applicant.The Territory Labor Government is backing up the new system with a $10 million investment.Visit the portal at www.candoterritory.nt.gov.auQuotes from Paul Kirby, Minister for Small Business“The Can-Do Territory portal is about supporting business owners by putting everything in one, easy-to-find place.“The Territory is emerging from the Coronavirus in prime position to be the comeback capital.“This was a Territory Economic Reconstruction Commission recommendation and we haven’t wasted a day delivering it.“We’ve listened to small business owners, so we know that less time spent on red-tape and paperwork means more time growing their business and creating jobs.” /Public Release. This material comes from the originating organization and may be of a point-in-time nature, edited for clarity, style and length. View in full here. Why?Well, unlike many news organisations, we have no sponsors, no corporate or ideological interests. We don’t put up a paywall – we believe in free access to information of public interest. Media ownership in Australia is one of the most concentrated in the world (Learn more). Since the trend of consolidation is and has historically been upward, fewer and fewer individuals or organizations control increasing shares of the mass media in our country. According to independent assessment, about 98% of the media sector is held by three conglomerates. This tendency is not only totally unacceptable, but also to a degree frightening). Learn more hereWe endeavour to provide the community with real-time access to true unfiltered news firsthand from primary sources. It is a bumpy road with all sorties of difficulties. We can only achieve this goal together. Our website is open to any citizen journalists and organizations who want to contribute, publish high-quality insights or send media releases to improve public access to impartial information. You and we have the right to know, learn, read, hear what and how we deem appropriate.Your support is greatly appreciated. All donations are kept completely private and confidential.Thank you in advance!Tags:AusPol, Australia, business, comeback, Commission, coronavirus, digital, Government, Investment, licence, Minister, Northern Territory, online, red tape, resources, restaurant, retail business, Small Business, small business ownerlast_img read more

Collector Classics: North Vancouver Hospital Grand Farewell Car Show

first_img COMMENTSSHARE YOUR THOUGHTS See More Videos Created with Raphaël 2.1.2Created with Raphaël 2.1.2 Bill Earland will display his 1957 Chevrolet at the North Vancouver General Hospital Grand Farewell car show on Sunday, Sept. 25. RELATED TAGSVintage / ClassicClassic CarsClassic Cars & TrucksNew VehiclesVancouverVintage & CollectibleAllan BurgmannAlyn EdwardsAutomotive ShowsCars and Car DesignClassic and Antique CarsCulture and LifestyleDan LondonDean BrownFord Model AFord Motor CompanyHealth and FitnessJudy SavageLions Gate HospitalLions Gate Hospital FoundationLynn ValleyMental HealthNorth Vancouver General HospitalVancouverWest Vancouver Created with Raphaël 2.1.2Created with Raphaël 2.1.2The North Vancouver General Hospital during construction in 1929. ‹ Previous Next › We encourage all readers to share their views on our articles using Facebook commenting Visit our FAQ page for more information. The Rolls-Royce Boat Tail may be the most expensive new car ever Trending Videoscenter_img Buy It! Princess Diana’s humble little 1981 Ford Escort is up for auction An engagement gift from Prince Charles, the car is being sold by a Princess Di “superfan” PlayThe Rolls-Royce Boat Tail may be the most expensive new car everPlay3 common new car problems (and how to prevent them) | Maintenance Advice | Driving.caPlayFinal 5 Minivan Contenders | Driving.caPlay2021 Volvo XC90 Recharge | Ministry of Interior Affairs | Driving.caPlayThe 2022 Ford F-150 Lightning is a new take on Canada’s fave truck | Driving.caPlayBuying a used Toyota Tundra? Check these 5 things first | Used Truck Advice | Driving.caPlayCanada’s most efficient trucks in 2021 | Driving.caPlay3 ways to make night driving safer and more comfortable | Advice | Driving.caPlayDriving into the Future: Sustainability and Innovation in tomorrow’s cars | Driving.ca virtual panelPlayThese spy shots get us an early glimpse of some future models | Driving.ca advertisement Tens of thousands of North Shore residents were born, treated or visited North Vancouver General Hospital which opened in 1929 after a huge community push to build the North Shore’s first complete medical centre.Two prior hospitals dating back nearly a century were basically houses with six and 12 patient beds, respectively.Known as the Activation building, North Vancouver General Hospital had many uses over its decades of use, including psychiatry and outpatient services, and at one time housed nurses and the head matron. Its functions were largely replaced by the adjacent Lions Gate Hospital, which opened in 1961.Sunday’s North Vancouver Hospital Grand Farewell Car Show will feature a classic, collector or special interest vehicle for every year the hospital operated with the exception of the war years, when civilian vehicle production ceased.In keeping with the history of the hospital, there will be a display of historic emergency vehicles, including a 1929 LaFrance open cab fire truck, a 1947 Mercury Vancouver police car and 1952 Chevrolet and 1969 Pontiac Bonneville ambulances.The all-day show will see the block closed off in front of the old hospital at 231 East 13th Street between St. Georges and St. Andrews Avenue.Showing a classic car representing the year the hospital opened is Lions Gate Hospital chief of psychiatry Dr. Allan Burgmann, who owns a restored 1929 Ford Model A coupe.The building is slated for demolition later this year to make way for a new patient care facility on the site.The Grand Farewell event is designed as a family-friendly day with tours of the old hospital’s main floor, food trucks, children’s activities and displays in the old building detailing changes in medical technology over the years. Dr. Burgmann has put together a historical look at how psychiatry has evolved.“This will be a car show unlike any other because it’s tied to history,” notes Lions Gate Hospital Foundation president Judy Savage. “It will be a wonderful coming together of people interested in old cars, health care or both.“North Shore people have always rallied around their hospital and this is an opportunity for them to say goodbye.”Show organizer Dan London, who will display his wife Sandi’s customized 1949 Ford, wasn’t born in the hospital but his brother and sister were. His great grandfather and grandfather built a dairy farm in Lynn Valley more than a century ago, so his North Shore roots run deep.The idea for the Grand Farewell car show came about as a result of London’s annual checkup by West Vancouver physician Dean Brown, who said the hospital foundation was looking to organize some sort of event to commemorate the old hospital before it met the wrecking ball.Dan suggested the one-off display of vehicles to represent each year North Vancouver General Hospital served the North Shore.“I tried to make this show eclectic and unique with participating vehicles covering restored, elegant, hot rod and pro-street designs to have something of interest for every automotive taste,” he explains.Front and centre in the event will be Bill Earland with his prized 1957 Chevy. He says both he and Dan London had their tonsils removed in North Vancouver General Hospital, but they never got the ice cream they were promised.“Maybe I’ll write something on the wall about that,” he says. The Grand Farewell event is free to the public and runs from 10 a.m. to 4 p.m. For more information visit lghfoundation.com/news/the-grand-farewell/ Bill Earland will park his 1957 Chevrolet BelAir hardtop this Sunday in front of the hospital where he was born on March 17, 1943 – St. Patrick’s Day. It’s the same hospital where he barely survived a burst appendix at the age of six.Bill’s car will be among more than 80 other special interest vehicles, marking each of the 87 years North Vancouver General Hospital has served Vancouver’s North Shore.This will be the last hurrah for the old building that is part of the Lions Gate Hospital complex, where Bill Earland spent his career as manager of laundry services. Trending in Canadalast_img read more

CU Art Museum kicks off fundraising campaign to acquire Sharkive print collection

first_img“The Sharkive is a treasure for our entire community,” said Walter Dietrich and Sheila Kemper Dietrich, who are spearheading the fundraising effort. “It embodies the strength and vitality of the arts today. In order for this extensive and comprehensive collection to be housed at the CU Art Museum, this effort needs the support of all of us to make it happen.” Share Share via TwitterShare via FacebookShare via LinkedInShare via E-mail Hung Liu (Chinese b. 1948), The Martyr, 2001, lithograph and collage, gift of the Artist and Shark’s Ink., CU Art Museum, University of Colorado Boulder , Gift of Polly and Mark Addison to the Polly and Mark Addison Collection, 2003.29 The CU Art Museum (CUAM) at the University of Colorado Boulder has kicked off an initiative to raise $2 million to purchase and manage the Sharkive, a distinguished collection comprising 40 years of printmaking collaborations between renowned artists and Shark’s Ink of Lyons, Colorado.“We are excited to announce that the Bebe & Crosby Kemper Foundation has committed $750,000 toward the acquisition of the collection,” said Walter Dietrich, member and former chairman of the CU Art Museum Advisory Board.A campaign is underway to raise the remaining $1.25 million in private funds needed to purchase and endow its management in perpetuity. Dietrich and his wife, Sheila Kemper Dietrich, are spearheading the effort.“The Sharkive is a treasure for our entire community,” the Dietrichs said in a statement. “It embodies the strength and vitality of the arts today. In order for this extensive and comprehensive collection to be housed at the CU Art Museum, this effort needs the support of all of us to make it happen.”In 1976, master printer Bud Shark and his wife, Barbara, opened Shark’s Lithography in downtown Boulder as a creative destination where more than 160 artists from the United States and Europe collaborated and inspired each other in printmaking. The couple relocated the studio to Lyons and renamed it Shark’s Ink in the late 1990s.Notable artists who have worked with the studio include John Buck, Enrique Chagoya, Red Grooms, Jane Hammond, Robert Kushner, Hung Liu and Betty Woodman. Prints made in collaboration with Shark’s Ink are in numerous private and public collections including the Museum of Modern Art, the Metropolitan Museum of Art and The Whitney Museum of American Art in New York City; the Library of Congress and Smithsonian in Washington, DC; the Art Institute of Chicago; the Kemper Museum of Contemporary Art in Kansas City; and many others.“The archive is extremely important to Barbara and me,” Bud Shark said. “It will be wonderful to have the Sharkive preserved at the CUAM where it will stay in Colorado and be accessible to students, scholars and anyone who is interested in the printing process.”CU Art Museum Director Sandra Firmin said the museum will be a natural steward of the Sharkive collection because of its already rich collection of prints that spans the 16th century to today. The Sharkive, which will be maintained by the museum once it is acquired, covers the printmaking process from beginning to end, including over 700 signed limited-edition prints and more than 2,000 related materials including artist studies, trial proofs, unique proofs with paper alternatives and artist and printer’s notes and correspondence.The collection provides a rare view on the artistic process of the Sharks’ collaborations and the business enterprise behind it.“This is a once-in-a-lifetime opportunity for the CU Art Museum,” Firmin said. “Prints are frequently used in teaching by CU faculty, and the artists are interested in subject matter that will encourage interdisciplinary conversations. We anticipate that the addition of printed materials from the Sharkive will enrich our ability to represent significant moments in print history through exhibitions, teaching and research.” To donate and learn more, visit this CU Advancement website.To watch a video about the collection, visit the University of Colorado Advancement YouTube channel.About the CU Art MuseumWith a collection of more than 8,500 objects spanning 10,000 years of human history, the Art Museum at the University of Colorado Boulder strives to be a generator and incubator of artistic inquiry and programs engaging students, the broader campus community, and the public. Housed within the College of Arts & Sciences, the museum’s mission is to promote greater understanding of art and societal issues within a global and historical context.Contact:Sandra Q. Firmin, CU Art Museum, (O) 303-492-8003 (M) [email protected] Poppen, CU-Boulder media relations, (O) 303-492-4007 (M) [email protected]center_img Published: May 16, 2016 Categories:Arts & HumanitiesNews Headlineslast_img read more

Hospital sector out of troubled times after more than two years of subdued performance: ICRA Analysis

first_img Aggregate revenues of companies grew by ~14 per cent on a Y-o-Y basis, from Rs4,206 crore in Q2 FY2019 to Rs4,807 crore in Q2 FY2020The hospital sector has come out of troubled times after more than two years of subdued performance on account of several regulatory measures. As per ICRA analysis, during Q2 FY2020 the aggregate revenues of companies in its sample set[1] grew by a healthy ~14 per cent on a Y-o-Y basis, from Rs4,206 crore in Q2 FY2019 to Rs4,807 crore in Q2 FY2020. The EBITDA grew by a robust ~38 per cent, from Rs. 547 crore to Rs 757 crore, and the EBITDA margin improved substantially from 13.0 per cent to 15.7 per cent during the same period on account of better revenues and; the positive impact of implementation of IndAS 116.Giving more insights, Kapil Banga, Assistant Vice President, ICRA, said, “In line with our expectations, the performance of the players in the sector has improved, after struggling for more than two years. Factors that have worked in favour of the sector are the waning impact of the regulatory restrictions, improvement in occupancies of the hospitals, increase in the ARPOB and the effect of the multiple efficiency improvement initiatives undertaken by the players. Nonetheless, regulatory risks remain for the sector.”The cap on prices of stents by the National Pharmaceutical Pricing Authority (NPPA), cap on prices of knee implants by the NPPA and the negative impact of the roll-out of Goods and Services Tax (GST) on profitability are several regulatory measures which have adversely impacted the industry’s performance. In addition strict regulatory action taken by multiple states, including putting restrictions on procedure rates, levying penalties and placing operational limitations on erring hospitals also had a bearing on the performance. The performance was also impacted due to the start-up cost of new hospitals, owing to significant capex done by the entities in the sector and the long gestation period required for the new facilities.The revenue growth in Q2 FY2020 was driven by an increase in both the occupancy as well as the average revenue per occupied bed (ARPOB) while the aggregate number of operational beds increased by a modest 2 per cent, from 24,187 beds as on September 30, 2018 to 24,669 as on September 30, 2019. The occupancy of the sample set improved from 61.7 per cent in Q2FY2019 to 62.7 per cent in Q2FY2020, reflecting better asset utilisation. The ARPOB of the sample set grew by a healthy 8 per cent in Q2FY2020 on a Y-o-Y basis, much higher than the six-year compounded annual growth rate (CAGR) of ~6 per cent.Exhibit 1: Improvement in Occupancy in Q2 FY2020Exhibit 2: Robust Increase in Revenues and Operating Profitability Margins in Q2FY2020The total debt of the companies in the sample set increased from Rs. 10,068 crore as on September 30, 2018 to Rs 12,498 crore as on September 30, 2019, partly on account of the impact of implementation of Ind AS 116. Nonetheless, on account of a significant improvement in performance, the debt protection indicators have improved considerably – total debt/EBITDA improved from 4.36x to 3.14x, interest coverage ratio improved from 2.26x to 3.23x while the net cash accrual/total debt rose from 10.0 per cent to 21.2 per cent.As per ICRA’s estimates, the hospital sector is likely to report 10-12 per cent growth in revenues in short-to-medium term, driven primarily by the increase in occupancy and ARPOB (Average revenues per occupied bed), while the increase in operational bed capacity is likely to be modest as players are focussed upon improving the utilisation of existing infrastructure rather than aggressively expanding the network. With rising revenues and improving efficiencies, the sector’s debt coverage indicators are also likely to improve going forward.Concludes Banga, “We believe the performance of healthcare companies will improve further going forward, though concerns on any incremental regulation having a transient impact remain. Structurally, in the long term, underlying fundamentals like the significant shortage of beds in the country, and the increase in the disease burden and an ageing demographic profile continue to favour the sector. Further, the demand for quality healthcare will be supported by the rising per capita income, increasing penetration of medical insurance, riding healthcare awareness and double-digit growth in medical tourism.” WHO tri-regional policy dialogue seeks solutions to challenges facing international mobility of health professionals Menopause to become the next game-changer in global femtech solutions industry by 2025 Phoenix Business Consulting invests in telehealth platform Healpha EBITDAGoods and Services Taxhospital sectorICRA analysisKapil BangaNational Pharmaceutical Pricing Authority Read Article The missing informal workers in India’s vaccine story MaxiVision Eye Hospitals launches “Mucormycosis Early Detection Centre” Heartfulness group of organisations launches ‘Healthcare by Heartfulness’ COVID care app Indraprastha Apollo Hospitals releases first “Comprehensive Textbook of COVID-19” News Share Hospital sector out of troubled times after more than two years of subdued performance: ICRA Analysis By EH News Bureau on December 26, 2019 Related Posts Comments (0) Add Commentlast_img read more

House Gives Nod to Bill to Establish Parenting Commission

first_imgHouse Gives Nod to Bill to Establish Parenting Commission ParliamentSeptember 27, 2012 RelatedPrime Minister Golding Announces Cabinet Changes FacebookTwitterWhatsAppEmail A  Bill to establish the National Parenting Support Commission was passed by the House of Representatives on September 25. Under the National Parenting Support Commission Act 2012, members of the Commission will have the responsibility of overseeing the implementation and operation of the National Parenting Policy. The policy defines effective parenting from a Jamaican perspective and sets out the Government’s approach to supporting and strengthening positive parenting practices. This policy is also expected to facilitate the development of an enabling environment in schools and communities, in which to improve parenting practices. In his contribution to the debate, Minister of State in the Ministry of Tourism and Entertainment, Hon. Damion Crawford, noted that the Bill is a step in the right direction. “Is it possible for this Commission to implement what I call a fee-for-effort programme? I know even within my own constituency that some schools have collected less than 30 per cent of the auxiliary fees. At the same time, these schools have many jobs that need to be done and that calls for labour cost,” Mr. Crawford said. “Is it at all possible that parents who are incapable of  (paying)  fees could actually contribute effort to the fixing of problems within these schools? This Commission could be appropriate to organise and align the skills necessary with the projects that are needed, so that parents can contribute, even by barter, to their children’s education,” he added. The State Minister further suggested the possibility of having a cadre of volunteers as parenting mentors, so that persons can know where to find information and to seek information on best practices regarding parenting. “It is in my mind that once some of these things are implemented…we will be able to see the movement of more of our children from a state of natural dependence to a state of cultivated and achieved independence,” Mr. Crawford said. Closing the debate, Minister of Education, Rev. the Hon. Ronald Thwaites, thanked the Members of Parliament for their contribution. He also informed that funds are in place to begin the implementation of the programme for the 2012/13 fiscal year. “The Ministry of Education does have funds budgeted for this year that can begin the implementation of the National Parenting Commission, and the advertisements for the appropriate officers and the requirements will be done in short order,” Rev. Thwaites said. The Bill was passed without any amendments and will be sent to the Senate for its approval. RelatedHouse Gives Nod to Bill to Establish Parenting Commissioncenter_img RelatedHouse Gives Nod to Bill to Establish Parenting Commission Advertisementslast_img read more

Internet Exchange Point to Enable Freer, Faster Access

first_imgStory HighlightsJamaicans may soon be paying less for Internet services, while having faster access, as a result of the Internet Exchange Point (IXP) established by the Government.The IXP hosted at eGOV Jamaica Limited, which will further contribute to the development of a more stable, competitive, cost efficient and robust Information Communication Technology (ICT) and broadband ecosystem in Jamaica.The IXP enables Internet traffic routing within the country where the provision exists, instead of through external providers as currently obtains with Jamaica. Internet Exchange Point to Enable Freer, Faster Access TechnologyNovember 14, 2014Written by: Latonya Linton Jamaicans may soon be paying less for Internet services, while having faster access, as a result of the Internet Exchange Point (IXP) established by the Government.Minister of Science and Technology, Hon. Phillip Paulwell, made the announcement on Wednesday, November 12 during the National Medal for Science, Technology and Innovation Awards ceremony held at the Jamaica Pegasus Hotel.The IXP hosted at eGOV Jamaica Limited, which will further contribute to the development of a more stable, competitive, cost efficient and robust Information Communication Technology (ICT) and broadband ecosystem in Jamaica.“We now have this exchange point that will enable all internal Internet transactions to take place in Jamaica without having to leave our shores. We expect to see some price reductions… we expect our local content developers see this as a tremendous opportunity to provide content locally .We see this as a tremendous opportunity to get our people now to have freer, and swifter access to the Internet,” Mr. Paulwell said.The IXP enables Internet traffic routing within the country where the provision exists, instead of through external providers as currently obtains with Jamaica.The project was started in January and Mr. Paulwell is urging all companies to join the island’s   IXP.Meanwhile, Mr. Paulwell will be travelling to Wuzhen, China, next week to participate in the World Internet Conference which is being held from November 19 to 21, 2014.He said he would be using the meeting to reaffirm Jamaica’s position on the liberalisation of the Internet and its increasing use in the island’s development.“We are going to China, with a clear position that we should not interfere with the Internet; let it remain free (and) accessible to all. Let us not put any charges to the Internet and let countries like ours …. have the opportunity to be on the same level as others,” Mr. Paulwell said.The event aims to discuss global Internet governance, cyber security, the role of the Internet to promote economic and social development, and technological innovation in the field. RelatedTechnology Minister Cites Emerging Opportunities in ICT Sector RelatedParents to Pay Minimal Fee for Tablet Computers After Pilotcenter_img FacebookTwitterWhatsAppEmail RelatedPCJ Says Jamaicans Will Benefit from Oil Exploration Project Advertisementslast_img read more