The draft of the National Policy and Plan of Action on International Migration and Development is at an advanced stage and should be completed by June 2013.This was disclosed by Minister of State in the Ministry of Foreign Affairs and Foreign Trade, Hon. Arnaldo Brown, during his contribution to the 2013/2014 Sectoral debate in the House of Representatives on May 15.He informed that other deliverables to complement the National Policy and Plan of Action are the formulation of an implementation plan, a monitoring and evaluation framework, and capacity assessment.“The policy will improve the Government’s capacity to monitor and manage international migration in line with the country’s socio-economic development priorities as outlined in Vision 2030 Jamaica,” he said.Mr. Brown noted that the policy is being developed as a response to key global developments, which have exposed the need to address the broad and evolving range of challenges and opportunities associated with the trans-boundary movement of people.We realise that we cannot ignore or benignly neglect the impact of migration on our development agenda. The National Policy and Plan of Action seeks to promote better understanding of the links between migration and development, particularly within the context of globalisation and the need to maximise the benefits and minimise the negative effects of this phenomenon,” he stated.He said that Diasporas can make significant contributions to economic, social, and political development in their countries of origin as well as their host countries, and can contribute as well, through the application in their home country, of newly developed skills and entrepreneurial activities.“Migrants are agents of development as they contribute to economic growth through remittances, investment and expenditure, as well as provide avenues for knowledge transfer, innovation and development,” Mr. Brown noted.He said that given the current economic climate in Jamaica, it is imperative that the country engage all its assets, at home and aboard, towards nation-building.“Jamaica’s elaboration of an international migration and development policy is therefore timely and is evidence of our recognition that effective management of migration can contribute to the achievement of our development goals including poverty reduction, maternal and child health, primary education and gender empowerment,” Mr. Brown told the House.Contact: Latonya Linton
(L to R: Jack Royal, Chairman of IBC, Aboriginal Affairs Minister Kathleen Ganley and Chief Vincent Yellow Old Woman of Siksika Nation at the announcement) Brandi Morin APTN National NewsEDMONTON — The province of Alberta has announced a partnership to help the flooded community members of the Siksika Nation in southern part of the province.It has been two years since flood waters forced almost 1,000 people from their homes and the community is still dealing with the aftermath working to rebuild homes, roads and other damaged infrastructure.On Friday a new partnership involving Siksika, the Alberta Government and the Indian Business Corporation was announced that officials say will help boost economic opportunities for the nation.Siksika has invested $2 million backed by an additional $700,000 from the province to help entrepreneurs build and grow their small businesses.The announcement comes on the heels of the apology for residential schools by the Alberta Government.“We are living in times where we need to work together,” said Siksika Chief Vincent Yellow Old Woman who is a residential school survivor and attended the apology.“I am proud of the partnership today. This is for our members who have a willingness, capacity and a means to move forward. To encourage and to help them see that there’s a light at the end of the tunnel.”Aboriginal Relations Minister Kathleen Ganley said small business owners play a central part in Alberta’s economy, entrepreneurs are important to the overall prosperity of Alberta and, especially to the prosperity of Indigenous people.“There are more businesses owned by Indigenous people today than ever before. For many Indigenous people, starting a business can mean economic prosperity and improve quality of life. Nowhere is this more evident than on First Nation reserves,” said Ganley.However, many First Nations living on reserve face significant challenges when it comes to accessing capital for business start-ups.Alberta based Indian Business Corporation (IBC) will administer the project. The IBC is a First Nations owned company founded in 1987 that has since provided close to $70 million in loans and created and funded over 2,500 businesses or expansion ventures.IBC chairman of the board Jack Royal said they understand the needs of First Nations. The IBC helps to fill the gap between a lack of understanding with lending institutes and First Nations.“I think the main stream banks, chartered banks, don’t fully understand,” said Royal.“A part of that has to do with crown title to First Nations land underlying First Nations ownership of the land. The Indian Act and all of the restrictions with the federal minister having to provide various guarantees. As a result they see First Nations as a higher risk and then they don’t fit into mainstream lending opportunities. Through IBC we’re more flexible and we understand how the Indian Act works and how Indian title works and what’s required for security to guarantee loans.”This partnership is unique in Alberta in that it’s never happened with a First Nation and a First Nation owned company collaborating with the province to deliver programs/services or economic funding directly to First Nations people.Royal said the initiative will help community members to build independence and will have an impact on social conditions.“We’re investing in the community, we’re generating revenue. It starts from the ground up. If the people don’t own something, they don’t have the passion for it. I think now because they’ll own these initiatives they’re now able to build that passion,” said Royal.The two primary business trends in Alberta are the energy sector and agriculture which Royal believes many members will create undertakings in. There is currently even more economic opportunities available in Siksika through the flood restoration efforts and members are already lining up to apply for funding.Royal hopes more monies will be made available for other Alberta First Nations to take advantage of entrepreneurial ventures in the near [email protected]
Facebook Twitter Google+LinkedInPinterestWhatsApp Related Items:5 Brazilian women detained at south dock center, brazilian women to be released tonight from detention center in TCI, officers forced to release detainees Facebook Twitter Google+LinkedInPinterestWhatsAppProvidenciales, TCI, September 8, 2016 – Magnetic Media is TONIGHT told that five Brazilian women who are currently at the Detention Center will be released to allegedly go and work in a local bar.Reports to us are that the five arrived today and were detained when they admitted to Immigration Officers that they have no money and came to go to the bar and are due to leave tomorrow.The Border Control workers found the explanation of the women suspect and ordered that they be detained.That discretionary move is overturned though and the women will be allowed to leave the South Dock road facility in minutes. Currently there is a Integrity Commission investigation ongoing into matters of suspected support or allowance of prostitution and sex trafficking.Brazilians are not required to have a TCI visa for legal entry.
As FOLIO: first reported today, b-to-b publishing giant Penton Media named Sharon Rowlands, currently head of Thomson Financial, as its CEO, replacing John French. Her appointment is effective November 1.Rowlands [pictured right] joins the company during a tumultuous time for magazine publishing, and for Penton in particular. In June, the company laid off 42 employees company-wide due to “poor economic conditions.” Two months earlier, French initiated a salary and hiring freeze, and launched a company-wide revenue reforecast for the remainder of the year.Rowlands spoke with FOLIO: about her decision to join Penton and what her immediate priorities will be as CEO. FOLIO:: As you take the top executive post, what would you say are your top priorities for the company? ROWLANDS: Day One priorities will be to connect with the key constituencies of Penton—mainly the employees and customers to understand more about their needs and how we can take the business to the next level. Our strategic focus will be to assess the opportunity landscape and identify key focus areas to drive growth.FOLIO:: Why, in your words, are you qualified to step in as the chief executive at Penton Media? Why did you decide to take the job? ROWLANDS: I have proven experience in leading organizations through change—business model change, technology change and cultural change. As we evolve Penton into an integrated and customer segment focused company that serves its markets with a range of solutions my leadership experience from Thomson Financial will be key.I spent a lot of time evaluating this opportunity and found it fits all the criteria that I had laid out for my next leadership role. A business with tremendous potential prepared to embark on a transformational phase. It has fabulous assets and people. It was also key that I felt aligned with the owners and believe that MidOcean Partners and Wasserstein and Co. will be great partners.FOLIO:: Where do you see the greatest opportunities for growth at Penton? How will you grow those areas?ROWLANDS: It’s too early for me to specifically commit but we are going to assess our markets for scale and growth opportunities and then grow by focusing on making ourselves the center of our customers universe with proprietary content, insight and connectivity that builds great communities that can serve our customers.FOLIO:: Some say the merger between Prism and Penton (November 2006) was handled poorly in terms of back-end integration—specifically with the accounting and financial. What can you say about that? How will you manage the continuing effort?ROWLANDS: These integrations can be very challenging but from my early look it seems to me that the Penton team really had their hands around this project. I will be focused on ensuring we have operational discipline in getting these issues behind us.FOLIO:: What do you plan to do right away with organizational structure and workforce? Will you be investing in certain areas and reducing in others? Where are you going with headcount?ROWLANDS: It’s premature to discuss organizational structure or resource allocation until I have had a chance to develop a strategic roadmap with the Penton team.FOLIO:: In your opinion, do multi-market, horizontal b-to-b publishing companies work in this environment? The central power is not close enough to the markets served, and the publishers and editors at the market level don’t have enough power to do what’s best. ROWLANDS: The balance between corporate center and business level segment is a delicate one. Ideally you want to get the best of both worlds—customer driven growth initiatives from the front end of the business and leverage of scale at the back end and I believe with the right people and operating mechanisms it can work. At Thomson Financial I gained significant experience managing this type of structure. At this moment though I am keeping an open mind about the right approach for Penton.FOLIO:: What do you see as your biggest challenge as Penton CEO? ROWLANDS: The challenge will be one of time—it’s a large company with many business units and widespread offices. I will want to get up to speed fast and want to make sure that everyone has time to be involved in the discussion around strategy and priorities before I make key decisions. I wish there were more than 24 hours in a day for the next month.
Infosys shares hit a new 52-week low of Rs. 1,009.20 on Monday on the Bombay Stock Exchange even as reports surfaced that the company sacked about 500 employees at its Bengaluru and Hyderabad centres over “performance” issues. The company denied the number, but said “few” were asked to leave.The Infosys stock closed at Rs. 1,015.40, down 0.56 percent. Shares of the company have been on a downhill ever since it declared its June quarter results and lowered its revenue guidance for the current financial year. The stock pulled the BSE Information Technology down 1.07 percent; Wipro closed 1.02 percent lower at Rs. 515.30, while TCS lost 2.02 percent and ended at Rs. 2,551.45.The Sensex lost 91 points to close at 27,985, while the NSE Nifty edged 37 points lower to end at 8,629. Top Sensex losers included Lupin, TCS, NTPC and Sun Pharma. On the NSE, stocks that pulled the equity benchmark down included Grasim, Aurobindo Pharma, Ambuja Cements and ACC.Foreign institutional investors (FIIs) were net sellers of Indian equities worth Rs. 300 crore, according to provisional data published by the National Stock Exchange (NSE).NTPC posted a net profit of Rs. 2,369 crore for the first quarter (Q1) ended June 30, 2016, up 4 percent from Rs. 2,276 crore in the corresponding period last year. Total income rose 11 percent to Rs. 19,062 crore from Rs. 17,093 crore in the year-ago period.The NTPC stock closed 1.92 percent lower at Rs. 163.55 on Monday.The rupee closed at Rs. 67.19 to the US dollar.The 10-year bond yield was 7.16 percent; a note by India Ratings suggested the yield would remain around that level. “Bond gains are likely to halt and the currency will continue to face global risk shifts. The 10-year yield is likely to trade at 7.08 to 7.18 percent (7.10 percent at close on 19 August),” the agency said in a note.
A woman reacts as she reads a board showing the Real-U.S. dollar and several foreign currencies exchange ratesSGX Nifty, an early indicator of the Nifty 50’s trend in India, signals a positive start for the domestic markets after the benchmark Sensex declined 286 points or 0.84 percent to close at 34,010 on Friday.Here are some of the stock recommendations by analysts for Monday:1. Multi Commodity Exchange of IndiaMotilal Oswal recommends ‘Buy’Target Price: Rs 1,100Current stock price: Rs 742About the company: Multi Commodity Exchange of India Limited is an independent and de-mutualized exchange. The bourse has permanent recognition from the Indian government for facilitating online trading, clearing, and settlement operations for commodity futures markets across the country.Stock Performance: The stock has lost 33 percent in an year and has a P/E ratio of 30 times forward earnings. MCX has a market capitalization of Rs 37 billion.2. Tata Consultancy Servicesmanasjaiswal.com recommends ‘Buy’Target Price: Rs 3,050Current stock price: Rs 2,933About the company: Tata Consultancy Services, a division of Tata Sons Limited, is a global IT services organization that provides a comprehensive range of IT services to its clients in diverse industries.Stock Performance: The stock has gained 24 percent in an year and has a P/E ratio of 22 times forward earnings. TCS has a market capitalization of Rs 5.6 trillion.3. Glenmark PharmaceuticalsNomura maintains ‘Buy’Target Price: Rs 825Current stock price: Rs 521About the company: Glenmark Pharmaceuticals develops generic drugs for inflammation, metabolic disorders, and pain.Stock Performance: The stock has lost 45 percent in an year and has a P/E ratio of 16 times forward earnings. Glenmark Pharmaceuticals has a market capitalization of Rs 147 billion.4. Century Textiles & Industriesmanasjaiswal.com recommends ‘Sell’Target Price: Rs 1,180Current stock price: Rs 1,195About the company: Century Textiles manufactures cement, cotton textiles and cotton yarn. It also makes denim, shirts, suits, fabrics and dress materials, among others.Stock Performance: The stock has advanced 30 percent in an year and has a P/E ratio of 127 times forward earnings. Century Textiles has a market capitalization of Rs 133 billion.5. United SpiritsKotak Securities recommends ‘Buy’Target Price: Rs 3,450Current stock price: Rs 3,245About the company: United Spirits manufactures and distributes a variety of alcohols and spirits, including whiskey, brandy and rum. The company’s well known brands include “McDowell’s No. 1 Whiskey,” “McDowell’s No. 1 Brandy,” “McDowell’s Diplomat Whiskey” and “McDowell’s Signature Whiskey.”Stock Performance: The stock has gained 37 percent in an year and has a P/E ratio of 459 times forward earnings. United Spirits has a market capitalization of Rs 471 billion.Disclaimer: The recommendations provided by the research analysts are their own, and not that of the website or its management.
Election CommissionThe by-polls to Bogura-6 constituency will be held on 24 June, according to a schedule announced by the election commission on Wednesday.The parliamentary seat was declared vacant on 30 April as BNP secretary general Mirza Fakhrul Islam Alamgir did not take oath as Member of Parliament after being elected from the constituency in the 30 December general election.According to the by-poll schedule, the deadline for submission of nomination paper is 23 May, while the date for scrutinising nomination paper is 27 May and the last date for the withdrawal of candidature is 3 June, EC joint secretary (PR) SM Asaduzzaman told UNB.The eight-hour balloting period will begin at 9am instead of 8am in the by-election, he said.Asaduzzaman said Electronic Voting Machines (EVMs) will be used in all the polling stations of the constituency.The BNP-led Jatiya Oikya Front secured eight seats out of 300 in the 2018 national election. Of them, BNP got six, while its ally Gono Forum bagged two seats.Among them, all the Jatiya Oikya Front MPs-elect except Mirza Fakhrul Islam took oath as MPs within the stipulated time of 29 April last (Monday).
Kolkata: Various agencies of the state government have started doing patchwork along the stretches of all the important roads in the city, where potholes have been created due to heavy showers for the past few days.Incessant rain in the city and its adjoining areas have bared the skeletons of major roads, causing difficulties to the commuters, the bikers especially. Agencies like PWD, KMDA, KMC and others are taking all possible measures to repair the damaged portions of roads. Also Read – Rain batters Kolkata, cripples normal lifeDiamond Harbour Road has also developed countless pockmarks as the rain has damaged the bituminous surface. The worst stretch of DH Road is near Behala Chowrasta, where craters are wide and deep. It may be mentioned here that Chief Minister Mamata Banerjee has instructed Mayor Sovan Chatterjee to take necessary steps to repair the potholes on Diamond Harbour Road. Repair work has been started on DH Road on a war footing.People commuting along the EM Bypass have been in precarious condition, particularly where the Metro Railway constructions have been going on. Areas where Metro construction is in progress have become a nightmare for the commuters. It may be mentioned here that the temporary patchworks do not last more than a few months. The state agencies are unable to re-lay the road due to the on-going construction of Metro Railways. Also Read – Speeding Jaguar crashes into Mercedes car in Kolkata, 2 pedestrians killedAround a 17 km stretch between Garia and Ultadanga, many potholes have been created due to heavy rain this season so far. People are witnessing a bumpy ride due to the bad condition of EM Bypass. It has become difficult for the agencies like PWD, KMDA to repair the potholes as the heavy rainfall is washing away the patchwork in various stretches.In some stretches of Jessore Road, big craters have been created with the advent of monsoon in the state. Patchwork has begun to tackle the situation. According to the experts, many heavy duty trucks plying through Jessore Road everyday has been causing uneven pressure on the road. The situation is common for other roads as well. The incessant rain has further complicated the situation as water percolates down to the bottom of the road and damages it. Patchworks do not always necessarily provide the permanent solution, felt the experts.State Urban Development minister Firhad Hakim said that in most of the parts of the city and its adjoining areas the soil is soft, as a result of which it gets washed away during heavy rain. Due to such incidents, roads often cave in.
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The affected stretch of carriageway A Highways England spokesman said: “A500 southbound leading to the A50 (at Sideway, just south of Stoke-On-Trent). “Two lanes (of three) will remain closed until lunchtime tomorrow. These lane closures are due to a man-hole cover that has been repaired. (The concrete now needs to set). Read MoreRECAP: M6 reopens following five car accident Get the biggest Daily stories by emailSubscribeSee our privacy noticeThank you for subscribingSee our privacy noticeCould not subscribe, try again laterInvalid Email Two lanes of the D-road will remain closed until Friday lunchtime following manhole repairs on the A500. The lanes will remain closed on the southbound carriageway between City Road Interchange and the A50 Sideway Roundabout. The closure has been in place since around 11am on Thursday morning as Highways England worked to repair manhole covers – leading to delays in the area. Shortly after 9pm Highways England confirmed work would continue well into Friday, beyond the morning rush hour. Want to keep up to date with the latest traffic and travel news?Each day Stoke-on-Trent Live journalists bring you the latest news on the roads and railways across Stoke-on-Trent, North Staffordshire, South Cheshire and further afield to help keep you on the move. For the very latest updates on roads including the M6, A500, A50 and more, visit our dedicated traffic and travel news channel here. We also run a live news feed each weekday, which you can access on our website’s homepage from 7am to 9pm from Monday to Friday. And for more as-we-get-it updates on the roads across the region and beyond, join The Sentinel’s traffic and travel Facebook group here.