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Bell ringing marks Commencement

first_imgA joyous peal of bells will ring throughout Cambridge today.In celebration of the city of Cambridge and of the country’s oldest university — and of our early history, when bells of varying tones summoned us from sleep to prayer, work, or study — this ancient yet new sound will fill Harvard Square and the surrounding area with music when a number of neighboring churches and institutions ring their bells at the conclusion of Harvard’s 362nd Commencement Exercises, for the 25th consecutive year.The bells will begin to ring at 11:30 a.m., just after the sheriff of Middlesex County declares the Commencement Exercises adjourned. They will ring for approximately 15 minutes.The deep-toned bell in the Memorial Church tower, for years the only bell to acknowledge the festive rites of Commencement, will be joined by the set of bells cast to replace the original 17-bell Russian zvon of Lowell House that was returned in 2008 to the Danilov Monastery near Moscow; and by the bell of the Harvard Business School; the historic 13-bell “Harvard Chime” of Christ Church; the Harvard Divinity School bell in Andover Hall; and the bells of the Church of the New Jerusalem, First Church Cambridge, First Parish Cambridge Unitarian Universalist, St. Paul Church, Church of St. Peter, University Lutheran Church, Holy Trinity Armenian Apostolic Church, and St. Anthony Church.Bells were already in use at Harvard in 1643 when “New England’s First Fruits,” published in London that year, set forth some College rules: “Every Schollar shall be present in his tutor’s chambers at the 7th houre in the morning, immediately after the sound of the bell … opening the Scripture and prayer.”Three of the 15 bells known to have been in use in Massachusetts before 1680 were hung within the precincts of the present College Yard, including the original College bell and the bell of the First Parish Church.Of the churches ringing for Commencement, one, First Parish, has links with Harvard that date from its foundation. The College had use of the church’s bell, Harvard’s first Commencement was held in the church’s meetinghouse, and one of the chief reasons for selecting Cambridge as the site of the College was the proximity of this church and its minister, the Rev. Thomas Shepard, a clergyman of “marked ability and piety.”Another church ringing its bells in celebration is Christ Church. The oldest church in the area, it houses the “Harvard Chime,” the name given to the chime of bells cast for the church in anticipation of its 1861 centennial. Richard Henry Dana Jr., author of “Two Years Before the Mast,” and two fellow alumni arranged for the chime’s creation. The 13 bells were first rung on Easter Sunday, 1860: Each bell of the “Harvard Chime” bears in Latin a portion of the “Gloria in Excelsis.”Referring in 1893 to the “Harvard Chime,” Samuel Francis Batchelder wrote, “From the outset the bells were considered as a common object of interest and enjoyment for the whole city, and their intimate connection with the University made it an expressed part of their purpose that they should be rung, not alone on church days but also on all festivals and special occasions of the college, a custom which has continued to the present time.”The old Russian bells of Lowell House, in place for 76 years, rang on an eastern scale; the newly cast bells give out a charming sound, as do the bells of the Cambridge churches joining in concert today. A thoughtful student of bells wrote in 1939, “… church bells, whether they sound in a tinkling fashion the end of the first watch in the dead of night, announce the matins a few hours later, or intone the vespers or angelus, have a peculiar fascination. Chimes affect the heartstrings …”last_img read more

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Fellow explores significance of Pirandello

first_imgMichael Subialka, Research Fellow in European Literature at St. Hugh’s College, Oxford, gave a lecture titled, “Modernism at War: Pirandello and the Crisis of Cultural Identity,” in the Hesburgh Library on Monday.Subialka said performing artists understand the depth and breadth of 20th century Italian playwright and dramatist Luigi Pirandello’s work.“We have a vision of Pirandello … as an innovator who changed the way in which the stage was perceived, and the way in which the actor and director could use the stage to reflect on the process of making art itself,” Subialka said.Subialka said this understanding of Pirandello was formed in part by Adriano Tilgher, a critic who presented Pirandello’s thought as a dichotomy of life and form.Although he agreed with Tilgher’s analysis, Subialka said that it obscured certain aspects of Pirandello’s views.“We think of Pirandello especially in terms of this idea of identity crisis, a crisis that in modernism becomes a crisis of representation,” Subialka said. “But I want to suggest that this crisis of the individual subject is also connected to a crisis of … cultural identity and that this comes to head in some of the writings he wrote during the Great War.”Subialka said one of Pirandello’s most prominent works, Six Characters in Search of an Author, is the ideal starting point for understanding the author’s view on identity crisis.“In Six Characters in Search of an Author, you have a crisis of identity that is played out in six different instances,” Subialka said. “You have these six characters … who interrupt a rehearsal for one of Pirandello’s other works … and they try to tell their story.”Subialka said these characters, unable to identify with the actors onstage who attempt to portray them, are driven to an identity crisis.“At the same time they don’t recognize themselves as actors, and the actors’ attempts to replicate each aspect of the story that they each see as their own … so there is … this driving internal need to communicate,” Subialka said.Using this illustration of meta-theater, Subialka said that one of Pirandello’s central concerns was the question of what it meant to be a person, and how others’ perception of one’s person differed.“Pirandello seems to think that who you see yourself as is never the same thing as what other people see you as … that others fix you in certain perspectives in a way of being that’s relevant to your life,” Subialka said.Due to the constantly changing nature of life these external perceptions ultimately influence individuals, Subialka said.“When we create identities — say an accountant or … businessman — that identity takes certain aspects of that mutable thing and then fixes them,” Subialka said.Theater is a particularly conducive medium to portray the conflict between impermanence and identity, Subialka said.“The theater, in certain respects, is able to overcome that conflict, because it’s both fixed — there is a script and there is a story — but at the same time every time it’s performed, it’s new,” Subialka said. “It doesn’t just exist, it has to be embodied by actors and each time they do it, they’re going to be different … There’s something transformative about it.”Tags: Adriano Tilgher, Cultural Identity, Luigi Pirandello, Modernism at War, Pirandello and the Crisis of Cultural Identity, Theaterlast_img read more

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Students reflect on study abroad programs cut short due to threat of COVID-19

first_imgFor many students, a semester abroad is characterized by months of growth and adventure, but those who studied abroad this semester had their experiences cut short as COVID-19 spread internationally.Due to the fast-paced nature of the virus, many students’ semester abroad came to a halt seemingly overnight.“There had been speculation that we would be leaving Rome the entire week of Feb. 23,” Emma Berges, a Saint Mary’s sophomore who studied in Rome, Italy, said. “This is when most schools in Florence started pulling their students studying abroad. We got the news around 4 a.m. our time, Saturday the 29. Saint Mary’s had sent out an email saying they were reviewing the decision on whether or not we would be staying in Rome, and we were told we would have an answer by Friday night.”Students were in Rome for six weeks before receiving the dreadful phone call to return home, Rebecca Cesario, a junior, said. “For many of us, it was a 48-hour turnover,” she said. “Let’s just say many things were donated to the homeless.”In the fast-paced evacuation, Berges said she believes communication was incredibly vague when they were told to depart Rome. She said Saint Mary’s failed to provide a specific date by which the students needed to return home until most of the students had already left.“I was actually on a trip in Zurich, Switzerland when I found out the news that we would be returning home,” Berges said. ”I tried to change my flight back to Rome for Saturday, but everything cost over $400. I returned back to Rome Sunday morning and then left for home the following Monday, not even 24 hours later.” Because Berges was away for the weekend, she did not even get to say goodbye to most of her friends.”Getting flights booked back home was incredibly chaotic and made it extremely hard to fit in all of my ‘lasts‘ and goodbyes,” Berges said.The Rome program set a precedent for the rest of Saint Mary’s students abroad, Hannah Finely, a sophomore who studied in Seville, Spain said.”[Our departure] was all sort of an unraveling event that really started when the Rome program students got sent home,” Finely said. Finely, who already had plans to travel to Amsterdam two days after they were asked to return home decided to keep her flight arrangements. ”I left early Friday morning and arrived in Amsterdam only to find that it was being shut down as well,” she said. “All museums, bars, public centers closed… Because there really was not anything for me to do, I switched my flight to Saturday and was able to get home with few issues.” As students returned to their homes, they were asked to self-quarantine for 14 days. Berges said she thought the lack of explicit instruction from Saint Mary’s on this was frustrating.“On one end, you had people, like myself, who spent a full 14 days in complete isolation, and then on the other end, people did not quarantine themselves at all,” she said. “We were given very little instruction by the school, which I think caused a great deal of confusion. … Knowing the severity of the situation is only spiking, I wish Saint Mary’s had provided more information on the protocol and did a better job with communicating with their students who had been instantly taken away from their study abroad environment and sent home for two weeks of self-isolation.”With the transition back to their homes came the question of continuing classes online. Students who studied in Rome resumed their courses through John Cabot University online March 16. Additionally, students were given the option to take their courses as pass/fail. “It is unfortunate that none of our classes can be live because of the time difference and having students spread out globally since it is an international school,” Berges said. Meanwhile, Finely awaits information for her continuation courses from her host institution. The program assured students they can guarantee most, if not all, of their credits for the semester, she said. ”I’m hoping I will still be able to graduate on time, but the truth is that there are still so many things up in the air and so many questions left unanswered,” she said.As Berges adjusts to her new normal and reflects on her time in Rome, she’s happy the students were sent home when they were, she said. “If it had been any later, we could have been stuck there for months, seeing as the nationwide lockdown occurred only days after I departed,” Berges said. “This is not what I had expected my study abroad experience to turn out like, but there’s nothing I can do about it besides reflect on and appreciate the time I got to spend there.”Tags: coronavirus, Rome, Saint Mary’s study abroad, Sevillelast_img read more

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Odds & Ends: Jeremy Jordan & More Get Tangled on TV & More

first_img Here’s a quick roundup of stories you may have missed today. Jeremy Jordan & More Tapped for Tangled SeriesA host of Broadway favorites will lend their voices to Disney Channel’s upcoming Tangled: Before Ever After. Joining the animated series are Jeremy Jordan as teen alchemist Varian, Aladdin Tony winner James Monroe Iglehart as Lance Strongbow, Eden Espinosa as handmaiden Cassandra, Richard Kind as Uncle Monty, Sean Hayes as Pete the Guard and Jeffrey Tambor, reprising his role from the 2010 film as Big Nose. As previously reported, Tangled’s original stars Mandy Moore and Zachary Levi (currently on Broadway in She Loves Me) will return to voice Rapunzel and Flynn Rider. The series is set to premiere next year.Dolly Parton’s Bio-Musical UpdateDolly Parton is still at work on her bio-musical, but you’ll have to be patient. In an interview with Nashville’s WSMV.com, the country music icon revealed she’s about two years out from bringing her story to the Great White Way. “I just got the final scripts,” she said. “We’re telling my life story…with some new songs. The hits will be in it, but I’ve written a lot of new music as well.” Plans for a Dolly bio-musical were first reported in 2009, around the time of her Broadway composing debut with 9 to 5.Romy & Michele Musical Heads to SeattleSeattle’s 5th Avenue Theatre will play home to the world premiere of the musical adaptation of Romy & Michele’s High School Reunion. Original screenwriter Robin Schiff will pen the book, with Gwendolyn Sanford and Brandon Jay taking on the score. Director Kristin Hanggi and choreographer Kelly Devine reunite for the project after collaborating on Rock of Ages. AJ Michalka (ABC’s The Goldbergs) and L.A. stage actress Stephanie Wall took to Instagram to confirm their titular roles. The show will run at the Washington venue, which was the original home for such shows as Hairspray, Aladdin and Memphis, from June 8, 2017 through July 2. Quick: What rhymes with “Post-its”?Cheyenne Jackson Will Release New AlbumBroadway favorite Cheyenne Jackson will release a new solo album later this year. Renaissance, featuring a 22-piece orchestra and a selection of tunes ranging from jazz to rock, will drop on June 3 from PS Classics. The track list features many tunes he performed as part of his cabaret Music of the Mad Men Era. Look out for a guest appearance from his 30 Rock and Xanadu workshop co-star: She Loves Me’s Jane Krakowski!Michael C. Hall & Lena Hall Will Sing Radiohead TogetherA Hedwig and her husband are reuniting at the Café Carlyle! Michael C. Hall and Tony winner Lena Hall (no actual relation, as you know) will present a Radiohead tribute at the venue on March 19. The event, titled Radiohead: Obsessed, will feature tunes from the band’s early days (think “Creep”) to its more recent hits from the 2011 album The King of Limbs. Since headlining Hedwig and the Angry Inch opposite the Tony-winner Yitzhak, Michael C. Hall starred in Lazarus at New York Theatre Workshop. View Comments Jeremy Jordan(Photo: Bruce Glikas)last_img read more

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PlayStation 5 Hits Market Ready for Battle With Xbox Series S/X

first_img“It’s COVID, so I guess not many people want to rush to a launch,” said Theo Pasialis as he collected his PlayStation.Jonathan De Botton, one customer, said the atmosphere was a world away from the PS4 launch, when lines of customers stretched into a shopping mall food court.Today was “completely different,” he told AFP.- Advertisement – With coronavirus cases rising in many countries, launch events are off the table, and crowds of eager customers out of the question.While the new Xbox hit shelves worldwide on Tuesday, the PS5 is available from Thursday in Australia, Japan, Mexico, New Zealand, North America and South Korea, but gamers elsewhere will have to wait until November 19. Sony hasn’t announced any release date for the PS5 in India.In Sydney, just a handful of customers were collecting their pre-ordered consoles on Thursday morning.- Advertisement – “It was a midnight launch… It was a good time,” he added.Today, by comparison, it was “a bit of a ghost town”.The consoles go on sale with the pandemic creating a massive spike in demand for gaming from people stuck at home and looking for a distraction or a way to pass the time.Just how long that boom will last remains unclear, with news this week of progress on a virus vaccine prompting a gaming sector sell-off on stock markets, as investors anticipated a return to normal life.Lion’s shareFor Sony, the stakes with its new console are significantly higher than for Microsoft, as gaming generates the lion’s share of the Japanese firm’s profits and about a third of its sales.Gaming accounts for just 10 percent of Microsoft’s sales, by comparison.But Sony’s margin on the PS5 will be slim, possibly even loss-making, analysts say, with the company counting on sales of games, services and online subscriptions to turn a profit.Sony expects to sell 7.6 million PS5 consoles by the end of March, beating the performance of the PS4.And it will be relying heavily on the US market to achieve that, with Japan’s video game market more focused on mobile and still dominated by Nintendo, said Serkan Toto, an analyst at Kantan Games.“You’re talking about a relatively small market in Japan… driving Sony to centralise the PlayStation business in one area, and that area is the United States,” he told AFP.Toto said he expected the PS5 to outperform the PS4.“I think that the PlayStation 4 was so successful that Sony has cultivated a much bigger fan base for PlayStation content,” he said.PlayStation 5 is priced at Rs. 49,990 in India, while the PlayStation 5 Digital Edition carries a price tag of Rs. 39,990. In comparison, the US pricing of the PlayStation 5 is set at $499.99 (roughly Rs. 36,700) and the PlayStation 5 Digital Edition at $399.99 (roughly Rs. 29,400).That is more than the $300 (roughly Rs. 22,300 crores) price tag for Microsoft’s less powerful Xbox Series S, which also has no disk reader.Which is the best TV under Rs. 25,000? We discussed this on Orbital, our weekly technology podcast, which you can subscribe to via Apple Podcasts, Google Podcasts, or RSS, download the episode, or just hit the play button below. – Advertisement – Sony’s PlayStation 5 went on sale Thursday, just two days after rival Microsoft released its newest Xbox, with the next-generation consoles vying for holiday season dominance as the pandemic boosts gaming demand.With pre-orders pointing to a record launch, market leader Sony is counting on big-ticket exclusive games like Spider-Man: Miles Morales to keep the edge over its US challenger.- Advertisement –last_img read more

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first_imgToday, the social partners in the Blue Lagoon signed several agreements and an annex to the collective agreement which increase the salaries, but also the position and other rights of their employees.The Trade Union of Istria, Kvarner and Dalmatia, the Trade Union of Tourism and Services of Croatia and the Blue Lagoon Management have completed negotiations on the rights of Blue Lagoon and Istraturist workers for 2018, which resulted in equalization of workers’ rights, given the merger of Istraturist dd Blue Lagoon. So from 1.1.2018. The collective agreement of Plava laguna dd is valid for all employees in the company, ie it is immediately extended to the employees of the former Istraturist, which will facilitate further business and guarantee equal rights to all employees.Also, it was agreed to increase the basic salary for all workers by 4% starting from June 1, 2018. In this way, there will be an increase in the total material average rights for workers in the destination Poreč in the amount of almost 5 percent, and the destination Umag over 9 percent.In addition to the harmonization of rights under the Collective Agreement, the salaries of individual workers and groups of workers will be further increased, especially workers who perform maid work and those associated with them by an additional 10% on average. According to the union leaders, the best status in tourist companies is held by the workers of Plava Laguna, which first raised the salaries of workers, and after the Government of the Republic of Croatia made a decision not to tax the accommodation and food of seasonal workers. . ”There is no bargaining in the Blue Lagoon, and the word is as valid as the text. By the way, Plava Laguna raised salaries even before the Government’s decisions on reducing fiscal levies, so the ratio of permanently and seasonally employed workers is by far the best in Plava Laguna compared to other companies. An indefinite contract brings stability to entire families, so it is a necessity”Said Bruno Bulić, on behalf of the Trade Union of Istria Kvarner and Dalmatia.Photo: Blue LagoonNamely, Plava Laguna is the first tourist company that decided to translate the “savings” created by the amendments to the rulebook on income tax into the rights of workers. In agreement with the representatives of the union, Plava Laguna agreed that starting from February 1, it will subsidize the hot meal service 50 percent for all who are not users of the personal accommodation service, given that the users of personal accommodation already have a free hot meal.”The Blue Lagoon is continuously improving the rights of its workers, as well as the conditions of accommodation and stay of workers in our destinations. This year, we will invest as much as 10 percent of the capital budget, or 50 million kuna in the improvement of personal accommodation. We will continue to increase the quality of working conditions, as well as accommodation, because we are aware that development is based on satisfied workers.and “, they say from the Blue Lagoon.Also, in agreement with the union in Plava Laguna for 2018, the gift in kind will amount to the maximum allowed 600 kuna, instead of the previous 400 kuna. At the level of material rights exercised by workers, Plava Laguna is one of the most successful tourist companies in Croatia. In addition to the increased salary from June 1.6.2018, 70,00, Blue Lagoon workers can also count on holiday pay of HRK 500,00 gross per day of vacation, one-time payments of HRK 2500 gross for June and July, Christmas bonus in the amount of maximum non-taxable amount of HRK 12, ie a proportional part for workers who have worked for less than 2 months and longer than XNUMX months, as well as as a gift to a child in the maximum non-taxable amount.”Raising wages, full material rights and working conditions should be an imperative for employers, and it is up to the state to make it easier for employers, as has been done when it comes to taxing accommodation and food for seasonal workers.”, They say from Plava Laguna and add that work should be done to create conditions for the private sector to employ more employees on a kind of permanent contract, so that this form of employment becomes dominant in relation to seasonal work, as in Blue Lagoon.Related news:POREČ BLUE LAGOON PRESENTED A NEW BRAND STRATEGY AND VISUAL IDENTITYBLUE LAGOON FIRST “SAVE” FROM THE AMENDMENTS TO THE RULES ON INCOME TAX, TRANSFERRED INTO WORKERS ‘RIGHTSlast_img read more

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In Sweden, God is a woman

first_imgIn the Protestant Lutheran Church of Sweden, which has 5.8 million members in a country of 10.3 million and where ministers hold the title of priest, “women are here to stay,” insists Signarsdotter, who was ordained six years ago. Since 2014, even the head of the Church is a woman, Archbishop Antje Jackelen.At the Gustaf Vasa church, a smattering of worshippers wait for the service to begin.”This Sunday, the service will be conducted by three women,” the 37-year-old priest says proudly. Her white clergy robes flowing behind her, Sandra Signarsdotter walks down the aisle of Stockholm’s Gustaf Vasa church greeting parishioners, a ritual of hers and a familiar sight in Sweden, where women now outnumber men as priests.In the Scandinavian country, often hailed as a champion of gender equality, the statistics are clear. As of July, 50.1 percent of priests are women and 49.9 percent are men.It’s very likely the first Church in the world to have a majority of women priests, according to the World Council of Churches.  Coincidentally, it was in this imposing white church in the heart of Sweden’s capital that another woman, Anna Howard Shaw, an American Methodist pastor and suffragette, became the first clergywoman to preach in Sweden. That was in 1911, at an international women’s suffrage conference, and long before women could be ordained in the Church of Sweden, in 1958.”The men didn’t allow her to go up there,” explains Signarsdotter, pointing to the marble pulpit above her. “She was allowed only on the floor,” she says, standing at the altar as if to mark the spot.This Sunday, the service will be held by Julia Svensson, a 23-year-old theology student whom Signarsdotter is mentoring — and she will give her sermon from the pulpit.The feminization of Sweden’s priesthood is also seen at universities, where the 4.5-year theology studies required to become a priest are dominated by women.Protestants generally believe that a priest is an expert, a theologist who tends to a congregation, and not a calling, in contrast to the Catholic Church which opposes women priests.The rising number of women may be due to priests’ changing roles over the years, suggests Signarsdotter.”The priest’s role today is not what it was before. There are other requirements, [such as] kindliness … [and] being able to handle many different situations.””Historically men have held it for themselves but now we see it happening all over the world. Things are changing and new paths are open to us as female priests and women in general.” Divine designOne who has benefitted from the rising number of female priests is stylist Maria Sjodin, who designs vestments for women and whose business is booming.In her atelier in a southern Stockholm suburb, the designer recently welcomed a regular customer, a female priest looking for a new collared top.One could say divine intervention landed Sjodin here: in 2001 her daughter made a new friend at kindergarten, whose mother was a priest. “She asked me to make her a priest shirt, because she didn’t like the male shirt that she had to wear,” she recalled.The piece remains one of the most popular in her collection.center_img ‘Still a way to go’ But while women priests now outnumber men, inequality remains.Women priests earn around 2,200 kronor (213 euros, $253) less a month than their male counterparts, according to the specialized newspaper Kyrkans Tidning.And fewer women reach top positions within the Church. Of the country’s 13 dioceses, only four are headed by women.”We haven’t reached equality yet,” says Signarsdotter. “There’s still a way to go.” Her protégé Svensson chips in: “We must be a representation of all people.” After a moment of silence, Signarsdotter admits that sexism still stalks the cloisters of the Church in Sweden.”One day, a colleague told me ‘What a nice ass you have’. I am still seen as a body and not a professional.”She says things will not change as long as “patriarchal structures [remain] in the walls and the structures of society, and the Church as an organization.”But she is not giving up hope.”When I retire I will look at Julia as an archbishop and will be like ‘damn, we did good’.” Topics :last_img read more

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BTN to loan Rp 75 billion to property SMEs through KoinWorks

first_img“To date, we have given direct financing to developers. These developers need the rest of the value chain, for example, material supplies and contractors. KoinWorks will work on the latter,” BTN president director Pahala Nugraha Mansury said during a media briefing on Thursday. “Our strategy going forward is to capture the entirety of businesses within the housing value chain,” he added, noting that the bank would engage in future partnerships with fintech platforms if the current partnership was successful. During the pandemic, loan disbursement has slowed as lenders have become wary of rising bad loans during the pandemic-induced contraction. Among fintech platforms, loan disbursement grew by only 3.12 percent year-on-year (yoy) in May this year. During the same period last year, it increased 10.87 percent, according to data from the Financial Services Authority (OJK).  State-owned Bank Tabungan Negara (BTN) has agreed to channel Rp 75 billion (US$5.1 million) in loans to small and medium enterprises (SMEs) in the property sector through online lending platform KoinWorks. BTN signed a memorandum of understanding (MoU) with KoinWorks on Thursday, under which the bank has agreed to channel the funds through a supply chain financing mechanism to borrowers in the property sector, including but not limited to property suppliers and contractors. Borrowers will be able to access loans of up to Rp 1 billion. Those who have complete documentation can receive the loan within five days.  BTN’s loan disbursement has also slowed this year. In the first six months of the year, the bank’s total lending and financing grew by only 0.32 percent yoy, to Rp 251.84 trillion as of June. During the same period last year, lending grew by 18.78 percent yoy to Rp 251.04 trillion.Read also: BTN to improve asset quality, boost low-cost funds“For SMEs, there are a lot of job opportunities available, but they are constrained by capital and cash flow,” KoinWorks chief executive officer and cofounder Benedicto Haryono said during the media briefing. He noted that loans related to construction made up about 20 percent of the company’s total portfolio. Through the partnership with BTN, KoinWorks will be able to offer a lower interest rates to borrowers. Normally, interest rates on the online lending platform are between 16 and 22 percent. Under the partnership, the platform will offer rates in accordance with BTN’s standards, Benedicto said. “This is a blessing for us as well. We can add value for our customers that we couldn’t give previously,” Benedicto said. In a press release published after the event, the CEO noted that the partnership would add to the list of strategic partnerships that the platform’s business lending arm, KoinBisnis, had formed to disburse financing to SMEs in Indonesia. KoinWorks’ credit scoring system would assist in distributing the funds to more borrowers, Benedicto said. Through the platform, borrowers could access loans with no collateral required. Despite consumers holding off on many purchases for the time being because of the pandemic, demand for housing remains. A 2020 survey by marketing consulting firm MarkPlus has found that although house sales are expected to decline this year, many consumers are planning to buy houses next year. Half of the survey’s 100 respondents, residing mostly in Greater Jakarta, said they still expected to buy a house next year. “The future demand may not be as strong, but we expect demand to bounce back next year as customers already have plans to buy [a house],” MarkPlus senior associate Irfan Setiawan said in a virtual discussion on May 29. Opportunities in the property and construction sector remain as the government seeks to tackle the housing backlog in the country. President Joko “Jokowi” Widodo hopes to build 1.25 million houses this year to address a housing backlog that stood at 7.6 million as of 2015. Since 2015, around 4.8 million houses have been constructed. The Jokowi administration hopes to build an additional 3.9 million houses by 2024.Topics :last_img read more

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Aker BP awards six-month contract to Eidesvik’s supply vessel

first_imgViking Athene; Source: EidesvikNorwegian oil and gas company Aker BP has awarded Eidesvik Offshore a contract for Viking Athene vessel.Eidesvik said on Tuesday that the contract had been awarded under the existing framework agreement between the parties.The firm period is six months, starting in the third quarter of 2019.The Viking Athene is an offshore supply vessel built in 2006.It is worth reminding that Aker BP in March 2019 entered into a frame agreement with three compatriot vessel owners – Simon Møkster Shipping, Eidesvik Offshore, and Solstad Offshore – for the supply of platform supply vessels.The duration of the frame agreements is initially for three years, with the option of two additional periods of two years each.Offshore Energy Today StaffSpotted a typo? Have something more to add to the story? Maybe a nice photo? Contact our editorial team via email. Offshore Energy Today, established in 2010, is read by over 10,000 industry professionals daily. We had nearly 9 million page views in 2018, with 2.4 million new users. This makes us one of the world’s most attractive online platforms in the space of offshore oil and gas and allows our partners to get maximum exposure for their online campaigns. If you’re interested in showcasing your company, product or technology on Offshore Energy Today contact our marketing manager Mirza Duran for advertising options.last_img read more

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first_img 31 Views   no discussions LifestyleTravel Shipping firm calls for end to preferential treatment of air over sea ferry passenger service to Cuba by: – March 25, 2011 Sharing is caring! Photo credit: destinations360.comMIAMI, USA – A Miami-based ocean transport company, United Americas Shipping Services (UASS), has called on the US federal government to permit a ferry service to Cuba to compete freely with air carriers in transporting US travelers to Cuba.At present no ferry service is authorized to Cuba, even though UASS is ready and willing to provide it and US law permits it.“The recent announcement that eight new US airports – in addition to Miami – have been authorized to provide air service to Cuba highlights the preferential treatment given air over ocean passenger service,” UASS chairman Daniel Berrebi said.He went on to say, “There is a need and a desire for a ferry service to Cuba and it is fundamental to this country’s values that people be allowed that choice and that the government does not favour one element of the transportation industry over another.”Nearly a year ago Berrebi’s company filed for a Treasury Department licence to operate a ferry service from South Florida to Havana. No decision has been made on the application, but it is clear that the Treasury Department may issue licences for a ferry service under the current rules that authorize both “vessels” and aircraft to provide carrier services to Cuba.“All that is required for it to happen is a policy decision by the Obama administration in favour of ferry service,” said Robert Muse, a Washington, DC, lawyer who specialises in US laws relating to Cuba.UASS president Joseph Hinson said there are four good reasons for the US government to licence ferry service to Cuba: “It is significantly cheaper, it is more comfortable and pleasurable, it is a preferable form of travel for the elderly, the infirm and family groups. Also, a ferry service is a vastly cheaper way for people to bring supplies authorised by US law to relatives in Cuba.”Source: Caribbean News Now! Sharecenter_img Share Share Tweetlast_img read more

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