TAGSAdare Manor GCBallykisteen GCBallyneety GCgolfGolf NotesLimerick PostPost SportRathbane GC Carl Widger, Metis Ireland presented 1st prize in the Metis Ireland sponsored Castletroy Golf Club fundraiser competition to Mike Molyneaux, Jack Molyneaux, Michael McHale and Paul Tighe in the presence of Pam O’Sullivan, Lady Captain of Castletroy Golf Club. Photo: Dave GaynorAdare Manor Golf ClubLadiesSign up for the weekly Limerick Post newsletter Sign Up Thursday 10th of May 18hole singles s/f1st Margaret Keys (10) 39pts2nd Ina Desmond (9) 38pts3rd Olivia Gardener (27) 37ptsBallykisteen Golf ClubLadiesAs we welcome some better golfing weather and only just entering into qualifying conditions the Ballykisteen ladies have been out in force making up for lost time on the course.Club Results: Sun 22 April 18H S’Ford – Mary T Real 34ptsApril Medal 18H Stroke sponsored by Noel Earlie1st Mary Toomey 76nett; 2nd Paula Carroll 76nett & 3rd Mary Lonergan 77nettSun 6 May 18H S’Ford1st Majella Hallinan 38pts, 2nd Elaine Bermingham 37pts & 3rd Mary Lonergan 33ptsTues 8th May 18H S’Ford1st Elaine Bermingham 35pts & 2nd Jackie Kennedy 29ptsMay Medal 18H Stroke sponsored by Brendan Whelan1st Mary Lonergan 69nett; 2nd Mary T Real 75nett & 3rd Mary Riordan 75nettThe Granard Cup Club Qualifier took place yesterday with a great turnout of pairings from the ladies to support this great charity event in aid of the NCBI’s National Children’s Services (Enabling children who are blind and vision impaired to help reach their full potential).The format was scotch foursomes and this format certainly brought the best out in our club members with great scores returned.The winning duo of Lauren Kelly and Caitlin Shippman 38pts will now go forward to represent the club at the finals on 13th August in Newlands, Dublin, 2nd placed was Majella Hallinan & Jane Cowhey 37pts.Final preparations are well under way for the Junior Cup Team which takes on Lahinch in Newcastle West on Saturday 26th May @ 2.00pm – as the time fast approached we wish the Panel Mary T Real, Elaine Bermingham, Majella Hallinan, Paula Carroll Jane Cowhey, Claire Griffin, Lauren Kelly & Caitlin Shippman the very best of luck in this big match-play compt under watchful of Team Manager Catherine Murphy.Ballyneety Golf ClubMen Our Bruen team were narrowly beaten by Nenagh in north Munster area final held in Adare Manor 3 games to 2. Final game went down to the 18th. Well done to manager Christy Coll & all the team members.Club singles category results – Overall winner Leigh Doolan 40 ptsCat 1 Allan Morgan 37ptsCat 2 Connor Barry 40 ptsCat 3 Michael Kenny 36 ptsCss.70Open singles 7/5/181st Eoghan O Neill 38pts2nd Garry Leslie 37 pts3rd Brendan CaseyOpen singles 10/5/181st Milan Radic 37pts2nd Ger Mc Grath 36 pts3rd Colum O Driscoll 36 ptsCss 71Ladies May Medal stroke play1st Dolores Curtin 61 nett2nd Paula Carroll 73 nett3rd Eithne Hehir 74 nett9 hole stablefordThelma Hartmann 17 ptsSeniors Team of 31st Michael John Cosgrave , Connie Ryan ,Liam Lawlor 47.82nd Tom Clohessy Jim Donovan Gerry Dillon 473rd Anthony Ryan Jim Brown Jerry Grant.46Juniors18 holesWinner Connor Murtagh 38 pts9 holes winner David Slattery 14 pts.Well done to Morgan O Sullivan. Darragh Hogan Frank Moloney on making the match play stage of the Irish junior foursomes v Adare Manor.Rathbane Golf Club LadiesLadies 9 hole competition May 9th1st Ann Howlett 17pts2nd Rita Barry 16pts3rd Trish Costello Lady Capt. 14ptsLadies May Medal1st Marie Costelloe 74 net2nd Rita Barry 78 net3rd Trish Costello Lady Capt. 83 netSeniorsMen’s Seniors Thurs May 10th Team of ThreeChristy Downes Vice Capt.Joe FlanaganJack VaughanSat./Sun. May 12/13th1st Christy Downes Vice Capt. 38 Pts2nd John G. O’Neill 36 pts c/b3rd Tony Lynch 36 pts4th Michael Garvey 36ptsFixtures – Sat/Sun. May 19/20th18 Hole Singles Stableford Print POSTPONED: Ryder Cup on hold until 2021 pushing back Adare Manor event Email Limerick Post Show | May 1, 2020 2020 JP McManus Pro-Am postponed for a year Linkedin RELATED ARTICLESMORE FROM AUTHOR Previous articleCronin on the double at Ulster Bank League AwardsNext articleLimerick Comfort Keepers win big at the All-Ireland Final John Keoghhttp://www.limerickpost.ie WhatsApp Twitter Advertisement Limerick Post Show | April 10, 2020 NewsLimerick Golf Notes for week ended 18/05/18By John Keogh – May 18, 2018 1391 Limerick Post Show | The Golf Course at Adare Manor Facebook WATCH: The Golf Course at Adare Manor celebrates its second birthday
Home / Daily Dose / Is Homeownership Losing Out to Renting? Is Homeownership Losing Out to Renting? Share 1Save Servicers Navigate the Post-Pandemic World 2 days ago July 12, 2018 1,721 Views Subscribe Print This Post Sign up for DS News Daily Tagged with: Census Bureau Family homes Home Homeowners HOUSING Rent RENTCafe Renters in Daily Dose, Featured, Market Studies, News About Author: Scott Morgan Governmental Measures Target Expanded Access to Affordable Housing 2 days ago One of the casualties of homeownership in a market defined by escalating prices and stingy inventory seems to be the American family. The U. S Census shows that as of 2016 the number of families with minor children was up to 14.3 million. A decade earlier, that number was 12.4 million.According to a report by RentCafe, renters with children in the U.S. increased by 16 percent, while homeownership has decreased by 14 percent in the 10-year period between 2006 and 2016. And that holds true across the 30 largest U.S. metropolitan areas.In raw math, the number of families who own dropped to 22 million in 2016. That’s down from almost 26 million in 2006, and that represents 29 percent of owner households nationally, according to the report. “These statistics show the tremendous effects of this relatively short but eventful period of time on American families,” the report states. “These 3.6 million fewer owner households are families who lost their homes in foreclosures or otherwise, they are young families who are unable to overcome the current financial barriers to become homeowners, and they are also homeowners whose children grew up and no longer fall into this category.”Other contributing factors to consider are the declining birthrate in the U.S., people having children later in life, and the soaring cost of raising a child, according to the report.The highest jumps in renting families happened in Southern and Southwestern metropolitan cities, mainly Charlotte, Atlanta, Phoenix, Houston, and Miami. Charlotte saw a 73 percent surge in families with kids who rent their home, and an increase of 21 percent in homeowner families with kids, the report found. Atlanta saw a 51 percent jump in the number of renter families and an 11 percent drop in homeowner families. Phoenix saw renting families increased by 42 percent while those who own their home decreased by 12 percent.On the flip side, the smallest changes in renter families were not confined to geographic regions. Pittsburgh saw the number of renter-occupied households with children stagnate over the 10-year period. Meanwhile, the number of owner families in Los Angeles dropped 13 percent, as owner families dropped 22 percent.According to the report, Detroit, Riverside, Miami, and Las Vegas also lost the most homeowner families with children, registering decreases of more than 20 percent. “In terms of numerical changes,” the report stated, “Houston metro saw the largest increase in renter families with children among the 30 largest metros, 107,000 households, while Los Angeles metro saw the largest decrease in homeowner families with children, 188,000 households.” The Best Markets For Residential Property Investors 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Scott Morgan is a multi-award-winning journalist and editor based out of Texas. During his 11 years as a newspaper journalist, he wrote more than 4,000 published pieces. He’s been recognized for his work since 2001, and his creative writing continues to win acclaim from readers and fellow writers alike. He is also a creative writing teacher and the author of several books, from short fiction to written works about writing. Servicers Navigate the Post-Pandemic World 2 days ago The Best Markets For Residential Property Investors 2 days ago Demand Propels Home Prices Upward 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago Previous: Former ‘Foreclosure Capital’ Experiments With Anti-Poverty Measure Next: Housing Deficits in the Silver State Related Articles Census Bureau Family homes Home Homeowners HOUSING Rent RENTCafe Renters 2018-07-12 Radhika Ojha Demand Propels Home Prices Upward 2 days ago
82SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr,Scott Butterfield I don’t know about you, but I’m exhausted. Our deepening economic and political divisions are toxic right now, slowly fracturing families, friendships, neighborhoods, and even the credit union space. It’s heartbreaking. I’ve found that most of the day-to-day arguments are old. But what’s new is that the divisions can be leveraged and then amplified on social media and many other influencers.It’s human nature to make judgments based on our experiences and long-held biases. Sometimes our experiences and biases are valid. Sometimes, our experiences and biases aren’t valid. It’s that simple. Who among us can claim to have all the answers? It’s obvious from heated debates witnessed on social media that there are a lot of people who say they want an open discussion, but the reality is they don’t. Their minds have been made up and they appear to be completely closed off to listening and learning.We live in a very challenging time. For me, it’s been a time of critical self-assessment and a reexamining of values and purpose. It’s a time of listening and empathy, finding ways to consider other people’s perspectives by walking a mile in their shoes.Miles in cruel shoesWalking in uncomfortable shoes is something I have experience with. During the early ’80s, I was a self-funded missionary for my church in Northern Ohio. I fell in love with Ohio, but in the beginning, northern Ohio was like a different planet compared to the small rural town in Utah where I was raised. For most of my two-year missionary experience, I had no car, bike, or public transportation in a “service area” of hundreds of square miles. I wore out multiple pairs of shoes. Some literally disintegrated off my feet.Midway through my missionary experience, when it became time to replace yet another worn-out pair of shoes, I thought it was time to invest in a better-looking pair. My previous pair was ugly but built for lots of walking. I wanted a pair that wouldn’t embarrass me when I knocked on someone’s door or taught a lesson. After some searching, I found what I believed to be the perfect shoes: sleek, shiny, cordovan with a classic tassel. The expense depleted all of my monthly disposable cash, but they looked great! Then I discovered they were awful to wear. They fit tight. The salesperson said the leather would stretch to fit my foot; being a 20-year-old country bumpkin, how was I to know the limits of leather inelasticity?Elder Vent, my missionary partner dubbed them the “cruel shoes.” I’m sure he grew weary (and irritated) of my hourly and daily complaints. I walked hundreds upon hundreds of long miles in the cruel shoes. It was very painful: my feet bled; the blisters were severe. It’s challenging enough for a young person to knock on stranger’s doors during the hot and humid summer in rural Ohio. The cruel shoes made it even worse.The lesson of the cruel shoes reminds me that we make decisions for a lot of reasons (including pride – I didn’t want to look like a country bumpkin). Those decisions are based on our life experiences. Some are relevant, some are not. We cannot begin to understand another person’s perspective until we have walked at least a mile in their shoes. And for many of the people in our lives, the shoes they wear or have worn were cruel. In most instances, we weren’t aware.The fact that I’ve publicly mentioned here that I was a missionary will elicit many judgments –some fair and some not – about my character, belief system, and world view. Let’s be honest, the idea of an LDS missionary triggered some kind of impression or judgment. It’s human nature. I continue to surprise people when they get to know me and find that we have so much in common. It’s time for all of us to carefully reexamine our biases. A time of thought and actionWe need to be very careful when we make judgments. It’s a time for serious reflection from all of us – every single one of us.Today, many of our families, friends, neighbors, and co-workers are trying to remove the cruel shoes of inequality (economic, racial, sexual, and others). Besides creating joy, these intentional actions are also creating discord and discomfort. Some are responding to discomfort by showing empathy and doing their best to learn from others’ experiences, while others are sowing discord by discounting people’s journeys, as they aren’t aligned with their own experiences and belief systems.Why it mattersEach of us has important choices to make. These choices will endear or alienate people who are close to us. These decisions must be aligned with our purpose and character to be meaningful and, in some cases, worth fighting for.Our best choices will be well-thought-out, carefully considering each person or group’s journey and experiences, and not influenced by biased peer pressure or emotional knee-jerk reactions. While it’s impossible to get everyone to agree on everything, if we pursue this course, more of us will find greater common ground. This will elevate the quality of life for all of us.As families, friends, coworkers, and even credit union leaders, we must come together and address the urgent issues of the day to find meaningful solutions, or we risk irreparable harm to important relationships and the quality of life of the teams, members, and communities we serve.Our team at Your Credit Union Partner is responding by committing our time, energy and resources to support the CU DEI Collective. We believe it is a great way to learn about different perspectives and experiences. It’s a great way to collaborate with credit union leaders that share our values and to act collectively to make progress towards a better tomorrow. Scott is the Principal of Your Credit Union Partner, PLLC.Your Credit Union Partner (YCUP) is a trusted advisor to the leaders of more than 100 credit unions located throughout … Web: www.yourcupartner.org Details
May 11, 2007 (CIDRAP News) – The city of Edmonton, Alta., recently announced that it was stockpiling an herbal supplement in the hope of boosting the immunity of police, firefighters, and other essential workers during an influenza pandemic.By buying a ginseng product from CV Technologies, Inc., a company based in Edmonton, the city has become the first in North America to add an herbal supplement to its pandemic stockpile, according to media reports.The supplement, COLD-fX, is a proprietary extract of North American ginseng that contains what the company calls unique polysaccharide components. It is Canada’s top-selling over-the-counter cold and flu remedy, according to an Apr 23 company press release. Warren Michaels, CV Technologies’ vice president of media relations, told CIDRAP News the company launched COLD-fX in the United States in October 2006 and that sales have been modest.City says decision took timeBob Black, Edmonton’s director of emergency preparedness, said in the CV Technologies press release that COLD-fX is another tool the city can use for pandemic preparedness. “There are so many unknowns in planning for a possible pandemic that anything we can do to be prepared makes sense,” he said. “We need to take every reasonable precaution to help our emergency personnel stay on the job, so they can help others.”The stockpile will be used to treat 5,000 key city employees, such as police, firefighters, paramedics, and waste disposal workers. It consists of 600,000 pills, an 8-week supply, according to an Apr 25 report by the Toronto Globe and Mail.CV Technologies, which pitched the stockpiling idea to Edmonton’s pandemic planners, said it would split the $250,000 cost of the program with the city as part of the company’s social responsibility program. Black told CIDRAP News that the agreement stipulates that Edmonton will pay $30,000 up front to secure access to a stockpile of COLD-fX and will be required to pay its remaining share only if and when the city needs the remedy in a pandemic setting.The product has a 5-year shelf life, but the company said it would make sure the city has access to a fresh supply regardless of when it uses the stockpile.Jacqueline Shan, PhD, DSc, CV Technologies’ chief executive officer and chief scientific officer, said that in a pandemic, “COLD-fX may help provide additional protection to front line workers by enhancing their immune systems” until an effective vaccine becomes available.Black said the city spent more than a year considering if it should stockpile COLD-fX. Senior officials and an epidemiologist from the city’s occupational health and safety office were involved in the discussions. “It wasn’t a spur-of-the-moment decision. On the balance, it seemed like a prudent thing to do” he said.Emergency preparedness officials are faced with tough questions about whether workers, particularly those in health and public safety jobs, like paramedics, firefighters, and police, will come to work during a pandemic, Black said. Having an herbal remedy on hand that might boost immunity could potentially make employees feel more confident about showing up for work, he said.Canadian health officials may have a heightened sensitivity about protecting workers during a public health emergency because of their experience with SARS (severe acute respiratory syndrome) in 2003, Black said. A final report on the outbreak that was issued in January faulted hospital officials for not doing more to protect their workers; nine hospital workers in Toronto contracted SARS while caring for critically ill patients.Studies suggest possible benefitsSome randomized, double-blind, placebo-controlled studies have suggested that COLD-fX can help people reduce their number of colds and the duration and severity of symptoms.Two controlled trials were described in one report in the January 2004 issue of the Journal of the American Geriatrics Society. The researchers evaluated the effect of COLD-fX on the number of laboratory-confirmed acute respiratory illnesses in 198 nursing home and assisted-living residents (average ages, 83.5 and 81) in the 2000 and 2000-01 flu seasons.Ninety percent of the subjects had received the influenza vaccine. Half received a 200-mg COLD-fX tablet twice a day, while the others received placebo tablets.Investigators found that more people in the placebo group (9 of 101 subjects) than in the treatment group (1 of 97 subjects) were diagnosed with flu or respiratory syncytial virus. They calculated that the overall risk was reduced by 89% in the treatment group and concluded that COLD-fX was a safe, well-tolerated, and potentially effective treatment for preventing acute respiratory illnesses.During the 2003-04 cold and flu season, another research group, headed by Gerald N. Predy of the regional public health agency based in Edmonton, studied whether the ginseng supplement could prevent colds in a group of 323 Edmonton adults aged 18 to 85 who had not received seasonal flu vaccination. Their findings appeared in the October 2005 issue of the Canadian Medical Association Journal (CMAJ).The volunteers, who had a history of at least two colds the previous season, randomly received two COLD-fX capsules or a placebo daily for 4 months. Colds were verified by a symptom scoring system and graded on a 4-point severity scale.Researchers found that those who took COLD-fX had fewer colds and the colds they did have were milder and less persistent. The authors concluded that the treatment appeared to reduce the number of recurrent colds by almost 13%, the severity of colds by 15.4%, and the average duration of colds by 2.4 days.In a commentary published in the same issue of CMAJ, Ronald B. Turner, MD, professor of pediatrics at the University of Virginia School of Medicine in Charlottesville, wrote that problems with natural remedy studies typically include a lack of information about the active ingredients they contain, lack of a clear understanding of the mechanism of action, and lot-to-lot variability in the products. However, he said the COLD-fX was standardized to reduce such variability.Turner wrote that it was not clear how the effects of North American ginseng relate to viral respiratory infections. “Enhancement of interferon-gamma activity might be expected to reduce the severity of symptoms, but enhancement of the elaboration of inflammatory cytokines might be expected to increase the severity,” he wrote.Few rigorous, reproducible studies have shown either conventional or alternative cold treatments to be beneficial, Turner wrote. Further studies involving well-characterized and standardized ginseng preparations were needed to confirm the results of the CMAJ study, he stated.Public health experts weigh inPaula Steib, communications director for the Association of State and Territorial Health Officials (ASTHO) in Washington, DC, told CIDRAP News in an e-mail that it’s not surprising to see a metropolitan area like Edmonton stockpile a natural remedy. Canada, along with Australia, Britain, and other European countries, has a long tradition of using homeopathic and herbal remedies, which are available in pharmacies and often prescribed by physicians, she said.”The situation is very different in the US where most homeopathic and herbal remedies are scoffed at by the medical establishment,” Steib said. “ASTHO is unaware of any state that is stockpiling remedies that are not part of the CDC’s strategic national stockpile program.”Jeffrey Duchin, MD, chief of communicable disease control for Seattle King County Public Health in Washington, said Edmonton’s plan to stockpile COLD-fX for its essential employees sounded interesting, but he said it was unclear from the studies whether the remedy would be of value.”It appears safe and inexpensive, but it shows how little else people feel they have to turn to,” he said.Communities that consider adding an alternative remedy to their stockpiles should weigh the costs and benefits, Duchin said. If they have met other stockpiling needs, such as having adequate supplies of oseltamivir (Tamiflu) and personal protective equipment, and still have money left in their pandemic preparedness budgets, then it might be reasonable to consider adding something extra, he said.Black said the city has increased its supplies of personal protective equipment and other items its employees would need and noted that other public health functions, including stockpiling vaccines and antivirals, are handled by the province and its health authorities.NIH says ginseng may have potentialThe CMAJ study caught the attention of the US National Institutes of Health (NIH), which in September 2006 included it in its annual bibliography of significant advances in dietary supplement research. “These findings suggest that North American ginseng may be an attractive natural prophylactic for upper respiratory tract infections,” the NIH said. “Additional studies are needed to confirm these findings.”In January, the Nutrition Action Health Letter, a publication of the Center for Science in the Public Interest, a health advocacy group, included COLD-fX in a review of eight popular over-the-counter cold remedies. The publication said that more studies are needed to confirm that COLD-fX can shorten or prevent colds or flu. “Even so, COLD-fX is the only remedy we found with any evidence that it might improve your chances of getting through the cold and flu season without coming down with something,” the article said.Michaels said CV Technologies doesn’t want to overstate COLD-fX’s potential in a pandemic situation, but he said the company believes the product has merit and is a legitimate candidate for incorporation into pandemic plans.The company is exploring the possibility of applying for US Food and Drug Administration approval to market COLD-fX specifically as a preventive for colds and is conducting a phase 3 clinical trial for that purpose. The company also recently launched a trial to see if COLD-fX improves the immunity of healthcare workers and is investigating the precise biochemical pathways by which the product affects the immune system, according to information on the company’s Web site.See also:McElhaney JE, Gravenstein S, Cole SK, et al. A placebo controlled trial of a proprietary extract of North American ginseng (CVT-E002) to prevent acute respiratory illness in institutionalized older adults. J Am Geriatr Soc 2004 Jan;52(1):13-9 [Abstract]Predy GN, Goel V, Lovlin R, et al. Efficacy of an extract of North American ginseng containing poly-furanosyl-pyranosyl-saccharides for preventing upper respiratory tract infections: a randomized controlled trial. CMAJ 2005 Oct;173(9):1043-8 [Full text]Turner B. Studies of “natural” remedies for the common cold: pitfalls and pratfalls. (Commentary) CMAJ 2005 Oct 25;173(9):1051-2 [Full text]CV Technologies news releaseSARS Commission final reporthttp://www.ontla.on.ca/library/repository/mon/16000/268478.pdfNIH press releasehttp://www.nih.gov/news/pr/sep2006/od-21.htmNIH bibliographies of dietary supplement research advanceshttp://ods.od.nih.gov/Research/Annual_Bibliographies.aspxSchardt D. Un-catching colds: do popular remedies work? Nutrition Action Healthletter 2007 Jan/Feb;8-11 [Full text]
Indonesia’s loan growth fell to a more than 10-year low in February as a cooling economy due to the COVID-19 pandemic hit credit demand across business sectors.The country’s banking industry recorded a 5.93 percent loan growth in this year’s second month, the lowest expansion since November 2009, according to Financial Services Authority (OJK) data. The figure is lower than 6.1 percent booked in January.Non-performing loans (NPL) jumped to nearly 2.8 percent, the highest since May last year. “The slow loan growth was caused by weak demand in line with the economic cycle, which has been slowing since 2019’s fourth quarter,” said Bank Permata economist Josua Pardede on Thursday.Read also: Avoiding quarantine will inflict greater economic harm, says survey“Considering that the COVID-19 pandemic will slow down the domestic economy, particularly household spending and private investment, loan growth in 2020 is estimated to continue to be weak,” he added.The spread of the coronavirus has forced the government to call on citizens to stay home to contain the disease contagion, causing business disruptions and hitting people’s purchasing power. Official data show that COVID-19 had infected more than 1,986 people with 181 fatalities as of Friday afternoon. The government projects Indonesia’s economy to grow 2.3 percent this year under the baseline scenario, which would be the lowest rate since 1999, or contract by 0.4 percent in the worst-case scenario as the pandemic batters activity.Josua said the pandemic had significantly hit six sectors, namely the transportation, warehousing and communication sector, the accommodation, food and beverage sector, wholesale and retail trade, the agriculture, plantation and forestry sector, the mining sector and the processing industry sector.He projected Indonesia’s loan growth to reach between 4 and 6 percent this year compared to 6.08 percent in 2019. The OJK and Bank Indonesia previously set a loan growth target of around 11 percent this year. The central bank recently slashed its projection to between 6 and 8 percent.State-owned Bank Mandiri president director Royke Tumilaar said in a teleconferenced press briefing on Wednesday that the country’s second-largest bank by assets value would revise its loan growth, which was initially penciled at between 8 and 10 percent this year. However, he stopped short of mentioning the new figure.Read also: State firms to focus on ‘slimming down’ while avoiding layoffs“But this doesn’t mean there are no loan expansions. At certain times, [loan disbursements] will be very selective,” he said.He expressed hope that the bank could still maintain collectibility and keep NPL in check following a new OJK regulation that eases bank loan restructuring.The OJK relaxed debt quality assessment and restructuring requirements for debtors. Banks now only assess the quality of a loan worth up to Rp 10 billion (US$594,282) based on a debtor’s timeliness in paying the loan’s principal and interest. Previously, the banks also assessed the debtor’s business prospects and financial condition.Debtors who restructure their loans will get an improvement in their loan quality after the process and banks can implement such a policy for any loan amount, among other policies.The central bank, on the other hand, has also cut its benchmark interest rate twice so far this year by a total of 50 basis points (bps) to 4.5 percent to cushion the economy from impacts of the disease.While the benchmark rate cuts could potentially push down bank interest rates, its impact on loan growth would be limited as risks tended to increase, Josua argued.“Therefore, government stimulus like social safety nets, cash transfers and stimulus for the affected sectors, coupled with counter-cyclical and cyclical policies from the OJK as well as relaxations from BI, will boost economic activities after the COVID-19 pandemic ends,” he said, adding that all of these would ultimately push up loan growth.Meanwhile, Bank Mandiri chief economist Andry Asmoro was of the view that the impacts of the COVID-19 outbreak on the economy and banking industry remained uncertain.“Hence, banks will remain cautious about the affected sectors and will focus on managing asset quality,” he wrote in a statement made available to The Jakarta Post on Thursday.Topics :
Loading… Agent of departing Chelsea midfielder Willian admits a move to Arsenal is close. Willian announced he would be leaving Chelsea after seven years when his contract expires this August, and has reportedly already completed his medical at Arsenal. The Brazilian will put pen to paper on a three-year deal worth £150,000-a-week. Kia Joorabchian appeared to confirm this on talkSPORT, saying: “It won’t be long before we announce it. We know where he is going.”Advertisement read also:Arsenal boss Arteta promises Willian new role However, the agent also cooled talk of a deal with Arsenal for Sporting CP winger Joelson Fernandes. He added: “We have never ever spoken to him about Arsenal. It is so untrue.” FacebookTwitterWhatsAppEmail分享 Promoted Content6 Incredibly Strange Facts About HurricanesWho Is The Most Powerful Woman On Earth?7 Ways To Understand Your Girlfriend BetterThe Models Of Paintings Whom The Artists Were Madly In Love WithCouples Who Celebrated Their Union In A Unique, Unforgettable Way9 Facts You Should Know Before Getting A TattooThe Most Clever Uses Of CGI In CinemaPortuguese Street Artist Creates Hyper-Realistic 3D Graffiti2020 Tattoo Trends: Here’s What You’ll See This YearTop 10 Most Romantic Nations In The WorldA Hurricane Can Be As Powerful As 10 Atomic Bombs10 Risky Jobs Some Women Do
Fuzhou: India’s men’s doubles pair of Satwiksairaj Rankireddy and Chirag Shetty on Thursday stunned sixth seed Hiroyuki Endo and Yuta Watanabe of Japan to enter the quarterfinals of the China Open in Fuzhou. Rankireddy and Shetty played their hearts out to get the better of their Japanese opponents 21-18 21-23 21-11 in a pulsating second round contest that lasted an hour and six minutes. For Rankireddy and Shetty, who had reached the French Open final last month, the latest win is their second straight over Endo and Watanabe. The Indians had defeated the Japanese duo in straight games in Paris last month. Rankireddy and Shetty will face Li Jun Hui and Liu Yu Chen of China in the quarterfinals on Friday. Rankireddy and Shetty were the lone Indians left in the tournament after the others bite the dust on Thursday. Parupalli Kashyap and B Sai Praneeth were both ousted in the second round of the men’s singles event. World No. 11 Praneeth fought hard for one hour 24 minutes against fourth seed Anders Antonsen of Denmark before going down 20-22 22-20 21-16. Kashyap, ranked 25 in the world, ran out of steam after a decent start against seventh seed Victor Axelsen and went down 13-21 19-21 in a match that lasted 43 minutes. Praneeth’s loss marked the end of India’s campaign in the singles. Also Read | Satwiksairaj Rankireddy and Chirag Shetty enter top 10 of world doubles ranking in BadmintonThis is the second time Kashyap had lost to Axelsen this year. The former Commonwealth Games champion, who reached the semifinals of India Open and Korea Open earlier this year, had lost to the world number six at the India Open in March. It was also the end of the road for the mixed doubles pair of Rankireddy and Ashwini Ponnappa. The unseeded Indian duo lost 21-23 16-21 to fifth seeds Seo Seung Jae and Chae Yujung of South Korea. For all the Latest Sports News News, Other Sports News, Download News Nation Android and iOS Mobile Apps.
“This is a really important game for us. So far we only have one point in the group and against Malaysia, we have to get three points. We went to Singapore to play a friendly game, it’s still early in the season for us so everyone is still finding our match fitness. But after training for a week, everyone look sharp and ready for the game,” said Tan.Tan is only one of three players in the squad that Kim has called up for this round of international fixtures as the latter seek to rely on experience to help them in Tuesday’s match at Hang Jebat Stadium. Asian Cup Qualification Hong Kong confident of besting Malaysia in Asian Cup qualifier Ooi Kin Fai Last updated 2 years ago 09:15 9/4/17 FacebookTwitterRedditcopy Comments(0) Goal Asian Cup Qualification Malaysia v Hong Kong Malaysia Hong Kong Kim Pan-Gon is urging his Hong Kong side to take the initiative against Malaysia in Tuesday’s Asian Cup qualifier match. Hong Kong are eyeing the Group B match against Malaysia in the Asian Cup qualifier as a potential three points in the bag as they look to make inroads towards reaching the finals in United Arab Emirates in 2019.After a slow start in which they lost to Lebanon in their opening fixture in the group, Hong Kong caused a major upset as they held North Korea to a 1-1 draw in June. With a point in the bag, head coach Kim Pan-Gon is urging his side to take control of Tuesday’s match against Malaysia and increased their points tally in the group. Editors’ Picks Brazil, beware! Messi and Argentina out for revenge after Copa controversy Best player in MLS? Zlatan wasn’t even the best player in LA! ‘I’m getting better’ – Can Man Utd flop Fred save his Old Trafford career? Why Barcelona god Messi will never be worshipped in the same way in Argentina “Yes, Hong Kong are the favourites. We are proactive and we try to dominate, we are an attacking side,” said Kim in the pre-match press conference on Monday.The 48-year-old South Korean has been in charge of Hong Kong national team since 2012 and has faced Malaysia a fair few times. Despite not winning a single one of the three matches that he has played against Malaysia, Kim remains very confdent heading into the fixture. He is labelled Malaysia as a less attractive opposition these days.”Since I in charge of the national team, twice I came here to play with them. We drew two times. Quite impressed always, players skillful and aggressive. Very attacking side, really struggle for us last two games. But current team become more reactive, more defensive and less attractive. Something different than before,” he added.Meanwhile young midfielder Tan Chun Lok says his team is ready to face Malaysia despite their domestic season in Hong Kong still being in its infancy months. The former Peterbrough United and Northampton Town player warns that his team are slowly but surely finding their feet again.