Builder Totalindo eyes Rp 3 trillion in contracts in 2020

first_imgPublicly listed construction company PT Totalindo Eka Persada has achieved 10 percent of its target to book Rp 3 trillion (US$218 million) in new contracts in 2020, following its weak financial performance and plummeting share prices last year. Totalindo booked Rp 309.1 billion in new projects by February, the company’s director Eko Wardoyo said during an event at the Indonesia Stock Exchange (IDX) in Jakarta on Friday. The projects include Sky House apartment in Alam Sutera, Tangerang, Banten; Hotel Lido Extention in Sukabumi, West Java; and Halam Network International.  The company will also continue construction of carry-over projects from 2019 valued at Rp 1.43 trillion, including 31 Sudirman Suites in Makassar, South Sulawesi; Kingland Avenue apartment in South Tangerang, Banten; as well as Nuansa Cilangkap and Klapa Village Tower B in East Jakarta. The projects will go ahead, Totalindo executives said, although the company booked Rp 30 billion in losses in the third quarter of 2019, the latest available financial performance indicator.“[The loss] was due to tax audits in 2016, which had to be included in our September 2019 financial report. We had to pay Rp 64 billion in tax with [around] Rp 30 billion in penalties,” Eko explained. The figure was jarring because in the second quarter of 2019, the company recorded Rp 60 billion in profit, a 46.3 percent increase from the quarter before. The company also increased its revenue by 63.5 percent to Rp 631 billion in the third quarter of 2019, from Rp 386 billion the previous quarter. In addition, the price of Totalindo’s shares, which are traded under the code TOPS on the IDX, nosedived throughout 2019. In the past year, the stocks have fallen 93.79 percent from a price of Rp 805 per share to Rp 50 at close of trading on Friday. “Aside from TOPS, other issuers, both private and state-owned, recorded similar performances because the property sector is [limping]. The share prices of construction issuers generally declined, but TOPS’ plunge was quite deep,” Eko said. The IDX recorded that the property, real estate and building construction sector has fallen 9.53 percent year-to-date, a steeper decline than the Jakarta Composite Index, which fell 5.67 percent during the same time period. (ydp)Topics :last_img read more

Munster coach Antony Foley looks set to have his contract extended.

first_imgIt’s a massive weekend for the Reds who travel to Leicester for a must win Champions cup match having lost their last three games in a row.Irish Times rugby correspondent Gerry Thornley describes the move as a vote of confidence in Foley.Leinster may find out today if Cian Healy will be available for Saturdays meeting with Toulon at the Aviva. The Prop was cited for foul play in last weeks match and his hearing will take place today.last_img

Four Tumwater Schools Recognized for Growth and Closing Achievement Gaps

first_imgFacebook150Tweet0Pin0Submitted by Tumwater School DistrictThe state recently recognized four Tumwater School District schools for growth, closing achievement gaps, and demonstrated achievement in specific areas during the 2018-19 school year.We celebrate and congratulate the staff and students at:East Olympia Elementary – growth for students who receive special education servicesMichael T. Simmons Elementary – growth for students identifying as AsianTumwater Hill Elementary – closing gaps for one or more student groups at a targeted support schoolTumwater Middle School – growth for students identifying as Black and students who are English learnersTumwater’s Superintendent, Dr. Sean Dotson, states, “We are thankful for the ongoing commitment and hard work of our staff, teachers, and students that have resulted in these honors. Our staff continue to work together with a focus on helping all students grow. It is exciting to see Tumwater’s commitment to improving educational equity is making a difference.”Throughout the state, 391 schools are being recognized for closing gaps, showing growth, and demonstrating achievement according to new data released by the state. To learn more about the awards and see a list of recognized schools, visit the State Board of Education website.In a press release announcing the school awards, State Superintendent of Public Schools Chris Reykdal states, “Right now, the whole world is understanding the significance of our public schools. Public education provides each student with an opportunity for success; it’s the foundation of our democracy and our society. Next week, we are honoring our educators who are committed to continually improving outcomes for their students. Thank you for all of your amazing work.”last_img read more

Boxing phenom Mary Kom conducts online seminar for budding pugilists!

first_imgImage Courtesy: Getty/BFIAdvertisement 1grpNBA Finals | Brooklyn Vs74Wingsuit rodeo📽Sindre E8lo( IG: @_aubreyfisher @imraino ) ash0Would you ever consider trying this?😱g3pCan your students do this? 🌚8wefgRoller skating! Powered by Firework The novel Coronavirus pandemic may have halted all sports activities in the world, but it hasn’t stopped the veterans of the sporting fraternity from interacting with the youngsters. Even in India, the boxing stalwart MC Mary Kom has taken to the internet in an education programme organised by the Boxing Federation of India (BFI), where the Olympian interacted with many rising talents in the country’s boxing scene.Advertisement Image Courtesy: Getty/BFIThe fear of injuries in sports are something that irks any budding athlete, and to bust some misconceptions regarding the very topic, the six times world champion and 2012 London Olympics bronze medallist today spoke to almost 300 young pugilists from India.Mary Kom was joined with Elite Men Boxing Team Physician Dr. Karanjeet Singh, Elite Women Boxing Team Physician Dr. Amol Patil and Physiotherapists  Dr. Aayush Yekhande and Dr. Shikha Kedia.Advertisement The 37 year old Manipuri boxer recalled the early days of her career. The future world champion had started off without much awareness about exercise or injuries, something that is vital for a young pugilist or any athlete to know. However, interaction with the medical professionals assisted her concept of body fitness.“I started getting exposed to the team of physios and doctors and interacting with them helped me understand the importance of being aware of the body,” Mary said in the online seminar.Advertisement The session aimed to give the young boxers a proper concept of the reality in sports injuries, and help them avoid any mistakes that can prove to be career-ending. While there have been many myths among young athletes regarding weight training, flexibility or using tapes, Mary and the medical experts busted many such beliefs in the session, also stating that proper exercises can avert a number of injuries, without the requirement of surgeries.“How doing exercises can prevent so many injuries and surgery is not always the only answer, I understood much later,” Mary added, saying that it was following the words of the physio that even helped her recover from a back injury.If you like reading about MMA, make sure you check out Also follow India’s biggest arm wrestling tournament at ProPanja.comAlso read-10-year-old fan sends pocket money to help out financially embattled Plymouth ArgyleSachin Tendulkar reveals how he navigated an interesting battle of wits between himself and Glenn McGrath Advertisementlast_img read more

Hazardous Crosswalks: Ambulance Hits Pedestrian on Broad Street

first_imgA group, including a baby in a stroller, cross against the light in front of a car at the intersection of Broad and Monmouth Streets in Red Bank, NJ on April 1, 2015. Photo by Tina Colella RED BANK – An ambulance was traveling north on Broad Street Wednesday when it struck a pedestrian crossing the intersection, at Monmouth Street.The pedestrian, Thomas Thatcher, 66, of Hackettstown suffered a minor injury but refused treatment at the scene from the crew of a second MONOC ambulance called to the accident less than two minutes later, at 1:17 p.m., said MONOC Director of Operations Andy Caruso.“He was struck and knocked down and immediately got up,” said Caruso. “He refused medical attention and went on his way.” “We were traveling within safe speeds, going through downtown Red Bank with regard to pedestrians when unexpectedly this person stepped out in front of the ambulance,” said Caruso.“Our drivers are well trained in operating emergency vehicles and act with due regard.” He added, “The driver of our ambulance was naturally shaken up.” PoliceChief Darren McConnell confirmed the pedestrian was crossing against the light. Police did not issue any summonses, he said.Many walkers choose to cross against the light at the busy intersection of Broad and Monmouth Streets. Photo by Tina ColellaIt’s not unusual to see people lose patience and cross against the light on Broad Street. On Wednesday, a Two River Times photographer observed at least 20 people crossing Broad Street at the Monmouth Street intersection against the light, some pushing baby strollers. The traffic light at the Broad and Monmouth Street intersections are equipped with button sensors to change the traffic signal for pedestrians. Those sensors, when pushed by pedestrians, change the signal in approximately 1 minute, 45 seconds; if the sensor is not pushed, the light cycle is about two minutes to go from red to green. While the signal may be green for the entire period, the actual period for pedestrians to cross – designated by a pedestrian silhouette – runs about 20 seconds (with the last 10 seconds counting down in red numerals). Mayor Pasquale Menna said those measures and times were appropriate to address pedestrian safety at that particular intersection.As for Wednesday’s incident, Menna said, “How is any government, how is any regulation, how is any rule going to protect somebody who’s not looking where he’s going?”But there are those who disagree. Crossing Broad Street can be dangerous for pedestrians, even when they have the light, said Kelsey Guthrie, the manager of Yestercades, who witnessed the aftermath of the accident across the street Wednesday. “I see a lot of people not stopping for people at the crosswalk – including myself. I’ve almost been hit multiple times,” she said “People who are driving in town definitely have to be more aware that this is a pedestrian town. It’s full of people walking around.”In meetings with civic leaders, including Menna, The Two River Times is exploring in its “Crossroads” series the inherent conflict between pedestrians and vehicles and possible solutions in the active Red Bank community, a commercial and cultural destination.State Senator Jennifer Beck (R-11), who is a stakeholder in this safety initiative, said of Wednesday’s collision, “It elevates and highlights the importance of pedestrian safety in the popular town of Red Bank.”The Two River Times initiative has resulted in Red Bank requesting and the Board of Chosen Freeholders agreeing to study the intersection at Broad and Front streets where drivers and pedestrians are told simultaneously to proceed.The Task Force, formed and coordinated by the Two River Times and comprised of Red Bank and now Fair Haven municipal officials, state senators, school officials, RiverCenter, Meridian Health, and Newport Media Holdings, LLC, is examining safety in the Two River area, beginning in Red Bank.By Christina Johnson and John Burtonlast_img read more

Pop along and support the bake sale for the Donegal Hospice

first_imgA group of young neighbours have come together again to host the tastiest bake sale this side of any bakery in New York.The young girls of Tullygay, between Letterkenny and Glenswilly (above Conwal Graveyard) will host their fourth annual bake sale today between noon and 4pm.ALL the money raised will go directly towards the Donegal Hospice and the girls have already collected hundreds of euro in their three previous sales. If you fancy something sweet for your afternoon treat then pop along to O’Donnell house (third on the right up the hill after the graveyard) and you won’t be disappointed.With all sorts of treats and wonderful baked treats available, you won’t be disappointed.Pop along and support the bake sale for the Donegal Hospice was last modified: August 23rd, 2019 by Staff WriterShare 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)last_img read more

New cement producer enters South African market

first_img15 May 2014China’s Jidong Development Group, one of the world’s top five cement makers, is to enter the South African market with the construction of a R1.8-billion, one-million tonne per annum cement plant in Limpopo province.Nedbank Capital and the Bank of China Johannesburg on Monday announced that R1.1-billion in debt capital had been raised to fund Mamba Cement, a special purpose company established to build and operate the plant at an established limestone deposit near Northam in Limpopo.Equity in addition to the loan will be provided by Jidong Development Group, the majority shareholder in Mamba Cement, the China-Africa Development Fund, and South African investment and operating group Women Investment Portfolio Holdings (Wiphold).Mamba Cement will manufacture “high-quality pure cement with the capacity to produce very cost-effective products,” Nedbank Capital said in a statement, adding that the company would have “a sustainable transport advantage due to its proximity to the major cement demand centres of Johannesburg, Pretoria, Mpumalanga, Rustenburg and Brits”.The investment is expected to create jobs and provide opportunities for small suppliers for communities north of Brits. “In addition, the sponsors and developers have also committed to supporting local schools and other socio-economic development initiatives in the long term,” Nedbank Capital said. “The project will also result in a major improvement of basic infrastructure such as power and roads, which will benefit adjacent communities.”The South African cement market received an additional 2.5-million tonnes of annual capacity this year with the completion of Sephaku Cement’s new plant in North West province.The Nigerian-backed company is the first new entrant in the South African cement production market to open its own new plant since 1934, challenging established local producers PPC, AfriSam, NPC and French multinational Lafarge.Market researchers Frost and Sullivan have predicted that rapid infrastructure development in South Africa and its neighbouring countries will boost the prospects of the cement industry in the southern African region.Frost and Sullivan’s study, “Southern African Cement Industry Production and Investment Forecasts”, published in September, forecast that US$940-million would be invested in the cement industries of three countries – South Africa, Zambia and Zimbabwe – between 2013 and 2018.Cement production will be instrumental to government expenditure plans, the study found, especially the Regional Infrastructure Development Master Plan which the Southern African Development Community (SADC) aims to roll out over the next 15 years.Internally, the South African government is planning to spend in excess of R4-trillion on a massive state-led infrastructure drive over the coming years, with a substantial focus on rail, road, energy and water infrastructure.SAinfo reporterlast_img read more

The Mill’s Blackbird Camera Car Is a Real-Life Autobot

first_imgVFX studio The Mill built their own adaptable camera car to replace any vehicle imaginable in post.Top image via The MillThe Mill teamed up with Performance Filmworks, JemFX, and Keslow to create the ultimate camera car. Unlike other camera cars and trailers, the new Blackbird camera car is designed to fully replace any type of vehicle in post. This is great for The Mill, because it allows them to use this vehicle for all of their car commercials and VFX work in film and television. Take a look at the vehicle in action.This car took two years to develop. The rig can be used at any time of day, in any location. Best, it doesn’t rely on the final physical vehicle in any capacity. The Blackbird is literally a transformer, with a chassis that can adapt to match the exact length and width of nearly every car.Image via The MillThe car is powered by an electric motor and can be programmed to imitate another vehicles acceleration curves and shifting gears. The adjustable suspension allows the Blackbird to change its height, rigidity, and dampening.This car can actually replicate other vehicles, giving it chameleon-like powers that allow the VFX team to go in and drop a CG body on top of the Blackbird.Image via Lockheed MartinThe Blackbird is named after the Blackbird SR-71 jet, as the technicians from JemFX actually built the car in the same hanger the plane was manufactured.The Blackbird camera car is equipped with a tailor-made camera array and stabilization unit. Performance Filmworks technician Lev Yevstratov holds several patents for his stabilization tech. The cameras have a high dynamic range, which allows The Mill to create a virtual version of the car’s location — giving them 3D laser-scanning capabilities. This produces 100% realistic CG renderings. With these capabilities, The Mill can use the Blackbird AR app to see a live CG rendering of the vehicle on location. Image via The MillThe Mill’s International Executive Vice President, Alistair Thompson, has this so say about the Blackbird, its development, and future use.We can unequivocally say that The Mill BLACKBIRD® is a tool to solve real problems for the advertising industry. It is no vanity project. It was the genuine needs of our advertising clients that made the Blackbird happen and their constant support and input has shaped its design and made it the game changing innovation that it has become. The Blackbird journey has only just begun though and the technology and the thinking behind it will evolve. We hope it will continue to provide inspiration for the whole industry and most importantly, in turn, our clients will create ways of using it that we have not even comprehended yet. This is what excites us the most!For more on the vehicle, check out The Mill’s Blackbird release.What do you think about the Blackbird? Awesome, right? Yup.last_img read more

Between the Sheets opens this weekend

first_imgLead Actresses Emry and Stevi say the characters they are playing are very real women and the most realistic women they have ever played.The show runs May 2nd, 3rd and 4th at the North Peace Cultural Centre and tickets can be purchased at Tickets are $25 per Adult and $20 per Student/Senior.There will be a special Question and Answer period offered after curtain call with the audience. FORT ST. JOHN, B.C. – Stage North Theatre Society presents their performance of Between the Sheets at the North Peace Cultural Centre.Between the Sheets is a story of a mother with a special needs son, who goes into an un-scheduled parent-teacher interview with her son’s teacher that she suspects is having more of a relationship with her husband then she would like.This play that is written by Jori Mand and directed by Rob Laventure is a drama and is performed in real-time and just one-act. The subject matter is based on adult content and suggested a 16+ audience.last_img read more