Category: mhcxbaxk

Scoreboard roundup — 3/14/19

first_img Beau Lund FacebookTwitterLinkedInEmailiStock(NEW YORK) — Here are the scores from Thursday’s sports events:MAJOR LEAGUE BASEBALLINTERLEAGUEMiami 12, Houston 6Washington 10, Minnesota 4Philadelphia 4, Tampa Bay 3Cleveland 9, Colorado 3LA Angels 7, Milwaukee 7Chi Cubs 2, Texas 1AMERICAN LEAGUEMinnesota 7, Baltimore 6Boston 4, Detroit 4NY Yankees 1, Toronto 1Texas 5, Kansas City 4NATIONAL LEAGUEPittsburgh 11, Philadelphia 2NY Mets 1, St. Louis 1Cincinnati 3, LA Dodgers 3Arizona 3, San Francisco 0LA Dodgers 12, San Diego 0NATIONAL BASKETBALL ASSOCIATIONIndiana 108, Oklahoma City 106Orlando 120, Cleveland 91Boston 126, Sacramento 120Toronto 111, L.A. Lakers 98Utah 120, Minnesota 100Denver 100, Dallas 99NATIONAL HOCKEY LEAGUEPittsburgh 5, Buffalo 0NY Islanders 2, Montreal 1Washington 5, Philadelphia 2Ottawa 2, St. Louis 0Tampa Bay 5, Detroit 4Winnipeg 4, Boston 3Dallas 4, Minnesota 1Arizona 6, Anaheim 1Nashville 3, L.A. Kings 1Florida 4, San Jose 2TOP-25 COLLEGE BASKETBALL(2) Virginia 76, NC State 56(3) North Carolina 83, Louisville 70(5) Duke 84, Syracuse 72West Virginia 79, (7) Texas Tech 74OT (12) Florida St. 65, (16) Virginia Tech 63(14) Nevada 77, Boise St. 69(15) Kansas St. 70, TCU 61(17) Kansas 65, Texas 57(18) Buffalo 82, Akron 46Nebraska 69, (21) Maryland 61(22) Auburn 81, Missouri 71(23) Marquette 86, St. John’s 54(25) Villanova 73, Providence 62Copyright © 2019, ABC Radio. All rights reserved. Written bycenter_img March 15, 2019 /Sports News – National Scoreboard roundup — 3/14/19last_img read more

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Governor Signs $34.6 Billion Dollar Budget Into Law

first_imgGovernor Signs $34.6 Billion Dollar Budget Into LawApril 29, 2019,  Erica Irish TheStatehouseFile.com INDIANAPOLIS — Standing with legislative leaders under the Indiana Statehouse Rotunda, Gov. Eric Holcomb signed the state’s next two-year budget into law Monday, an act that cemented a balanced budget for the eighth consecutive year.“Our state strategy to grow continues to define how we structure ourselves,” Holcomb said about the finalized budget, a central component to much of the legislation crafted in the recently-concluded session. “We are nimble and we cannot just act, we can react to the lay of the land and, in fact, get things done.”The $34.6 billion budget sought to address one of the state’s largest challenges by increasing K-12 funding, with the hope that those funds bump up teacher pay. A main selling point for lawmakers has been the new $763 million added for K-12 education, which already constitutes about half the state’s spending priorities. It includes a plan initially introduced by Holcomb to use $150 million to pay down pension liabilities, freeing that money for other needs including salaries.It also places more than $2 billion into the state’s reserves.The budget was almost exclusively crafted by Republican lawmakers, with many provisions offered by the Democratic caucus ignored, voted down or removed at the last minute during the legislative session.Senate President Pro Tempore Rodric Bray, R-Martinsville, and House Speaker Brian Bosma, R-Indianapolis, expressed their enthusiasm for the early end to the legislative session, which concluded five days ahead of schedule on Wednesday, April 24.“We hope to finish five days early make up for one day last year,” Bosma joked, referring to 2018 when lawmakers were forced to hold a one-day special session to resolve unfinished issues including Sunday alcohol sales and emergency funding for school safety improvements.“There are usually about 20 issues that are irresolvable without any input, and that just didn’t happen this year,” he said.At a news conference after the signing, Holcomb outlined other legislative items that fell into his “Next Level 2019Agenda” which covers improvements to the state’s economy, infrastructure, education and career development, public health and government.Among the legislative actions approved by Holcomb are 100-percent exemptions from state income taxes for veteran pensions, broadband internet expansion in rural areas and additional direct domestic and international flights from Indianapolis to bolster economic development.Holcomb has also signed numerous other bills, including a firearm measure that he signed April 26 before a cheering crowd at the National Rifle Association’s annual convention. The measure, outlined in House Bill 1284, would provide civil immunity to citizens who kill or injure another person in self-defense.But Holcomb said several bills that arrived at his desk gave him pause, including the massive gambling and casino bill and a proposal involving carbon capture and storage at certain manufacturing facilities. “I want to make sure I read every word of those particular bills,” Holcomb said. “They’re big, major, good economic development bills, but I want to make sure I read them for myself.”Asked if he planned on vetoing any legislation, Holcomb said he had no plans to do so at this time but is still reviewing bills. He has seven days to sign after the legislation reaches his desk. If he chooses to not sign a bill, it will become law by default.Footnote: Erica Irish is a reporter for TheStatehouseFile.com, a news website powered by Franklin College journalism students.Print Friendly, PDF & EmailFacebookTwitterCopy LinkEmailSharelast_img read more

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“READERS FORUM” FOR OCTOBER 31, 2017

first_imgPlease take time and read our newest feature articles entitled “LAW ENFORCEMENT, READERS POLL, BIRTHDAYS, HOT JOBS” and “LOCAL SPORTS” posted in our sections.  You now are able to subscribe to get the CCO daily. WHATS ON YOUR MIND TODAY?We hope that todays “Readers Forum” will provoke “…honest and open dialogue concerning issues that we, as responsible citizens of this community, need to address in a rational and responsible way?” Todays READERS POLL question is: Are you pleased with the way that President Trump is conducting himself? If you would like to advertise in the CCO please contact us City-County [email protected]center_img EDITOR’S FOOTNOTE:  Any comments posted in this column do not represent the views or opinions of the City County Observer or our advertisersFacebookTwitterCopy LinkEmailSharelast_img read more

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Harvard’s Stoddard among three U.S.-based scientists recognized

first_imgMary Caswell Stoddard,  a junior fellow in the Harvard Society of Fellows and member of the Department of Organismic and Evolutionary Biology at Harvard University, is one of three U.S.-based women scientists who will be recognized in Paris on March 18 as International Rising Talents for their ongoing and exceptional contributions to the fields of science, technology, engineering and math (STEM). Stoddard uses an interdisciplinary approach to explore the evolution and engineering of bird eggs, leading to new discoveries about material science, biodiversity and the environment. She combines tools from computer science, genomics, and bioengineering to address questions about the evolutionary history of birds. Her work has implications for the future: understanding avian eggs could help prevent the loss of biodiversity and protect bird populations threatened by climate change. Stoddard completed her Ph.D. in zoology at the University of Cambridge and has worked with the BBC One Show, the Natural History Museum (UK), and the Harvard Museum of Natural History to make her work accessible outside the academic sphere. Throughout her career, she has also served as a mentor to young women in science; she used part of her 2013 L’Oréal USA For Women in Science Fellowship to support undergraduate student research in her field and currently mentors female graduate students at Harvard.The International Rising Talents were chosen from among the recent winners of the more than 236 For Women in Science fellowships awarded locally by L’Oréal subsidiaries worldwide, including the L’Oréal USA For Women in Science Fellowship program.In addition to grants of 15,000 euros each, the female scientists being recognized through the International Rising Talents award will receive special mentorship and training from other top L’Oréal-UNESCO female scientists.last_img read more

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Here Lies Love Sets Closing Date Off-Broadway

first_img Star Files View Comments Show Closed This production ended its run on Jan. 3, 2015 You have until just after Christmas to dance the night away off-Broadway. Here Lies Love will close on January 4, 2015. Directed by Alex Timbers, with music by David Byrne and Fatboy Slim, the production is playing at The Public Theater’s LuEsther Hall and officially opened on May 1. It is a return engagement for the tuner, which previously had a successful run at the venue in 2013.The musical is set to the beat of a throbbing dance club score. Here Lies Love tells the story of Filipina First Lady Imelda Marcos, her meteoric rise to celebrity and subsequent descent into infamy. The production is an immersive theatrical experience that puts audience members directly into the action in a 360-degree scenic and video environment. The show goes beyond Marcos’ legendary obsession with shoes and explores the tragic consequences of the abuse of power.Jaygee Macapugay will take over from Ruthie Ann Miles as Imelda Marcos on October 20. The cast also includes Jose Llana as Ferdinand Marcos and Conrad Ricamora as Ninoy Aquino. Related Shows David Byrne Here Lies Lovelast_img read more

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Green Mountain Coffee Reports Very Strong Growth for Quarter and Full Year

first_imgGreen Mountain Coffee Roasters, Inc. Reports Very Strong Growth for Fiscal 2008 Fourth Quarter and Full Year – Robust Earnings Driven by Success of Keurig(r) Brewers and K-Cup Demand- Fourth Quarter EPS up 96% over Prior Year- 2008 Fiscal Year EPS up 68%WATERBURY, Vt.–(BUSINESS WIRE)November 12, 2008 –Green Mountain Coffee Roasters, Inc., (NASDAQ: GMCR) has announced its fiscal 2008 and fiscal fourth quarter results for the thirteen weeks ended September 27, 2008, reporting strong sales and even stronger earnings growth. During the fourth quarter of fiscal 2008, 273 million K-Cup portion packs were shipped system-wide by all Keurig licensed roasters, up 62% over the year-ago quarter.Net sales for the fourth quarter of fiscal 2008 totaled $134.8 million as compared to $93.0 million reported in the fourth quarter of fiscal 2007, representing an increase of 45% year over year.Net income for the fiscal fourth quarter of 2008 increased 99% to $7.1 million or $0.28 per diluted share, from $3.6 million or $0.14 per diluted share in the fiscal fourth quarter of 2007.For the fifty-two weeks ended September 27, 2008, the Company recorded net sales of $500.3 million, up 46% from $341.7 million for the year ended September 29, 2007. Net income for fiscal 2008 increased 74% to $22.3 million, or $0.87 per diluted share, as compared to net income of $12.8 million, or $0.52 per diluted share for the prior year.Excluding the impact of the non-cash amortization expense related to the Keurig intangibles of approximately $4.8 million (pre-tax) or $0.11 per diluted share in both fiscal 2008 and 2007, non-GAAP net income totaled $25.2 million in fiscal 2008 compared to non-GAAP net income of $15.7 million for the comparable year-ago period.Lawrence J. Blanford, President and CEO, said, “I am thrilled with our employees’ ability to execute and innovate, building for the future and delivering the strong financial results we are reporting today. Some people feel that coffee is a basic need in all economic times, yet still in today’s business environment, I am proud of the strong top and bottom line growth we have delivered to our stockholders. With our proprietary Keurig Single-Cup Brewing system, we are truly turning opportunity into success, driving sales growth and profitability. Looking forward, our great coffee, our long history of success in focusing on innovation, our passion for socially responsible initiatives, and the opportunities presented by single-cup brewing create very exciting prospects for our Company in terms of brand expansion, continued growth, and helping make the world a better place.”Fiscal 2008 Fourth Quarter Financial ReviewNet Sales* For the Green Mountain Coffee segment, net sales for the fourth quarter of fiscal 2008 were up 38% to $84.5 million, prior to the elimination of inter-company sales, as compared to $61.2 million reported in the fourth quarter of fiscal 2007. Dollar sales growth was strongest in the channels that benefit from sales of the Keurig K-Cup portion packs including reseller, office coffee service (OCS), consumer direct and supermarket channels. Coffee, tea and hot cocoa pounds shipped increased 12% this quarter over the prior period. As previously announced, the Company increased prices in May 2008 by 8 to 12 percent on average across business channels and package types for coffee products sold by its Green Mountain Coffee division because of rising green coffee costs and increases in prices of other raw materials, and higher energy and transportation costs. The net impact of the price increase in the fourth quarter of fiscal 2008 was an increase in net sales of approximately 10% over the prior year period.* For the Keurig segment, net sales (prior to the elimination of inter-company sales) included in the Company’s fourth quarter of fiscal 2008 were $74.6 million, up 75% from net sales of $42.6 million in the fourth fiscal quarter of 2007. This increase in sales was primarily due to higher K-Cup and brewer sales and royalty income from the sales of K-Cups. Keurig announced a royalty rate increase of a penny on all system-wide K-Cup portion packs that went into effect on August 1st. This increase contributed to an approximate 4% increase in Keurig segment’s fourth quarter net sales over the prior year. Further detail on shipments of Keurig brewers and K-Cup portion packs is provided in the chart accompanying this press release.* As part of the consolidation, $11.4 million of inter-company Keurig segment sales and $12.8 million of inter-company Green Mountain Coffee segment sales were eliminated in the fourth quarter of fiscal 2008.Costs, Margins and Income* Consolidated cost of sales increased a little less than 100 basis points to 65.6% of total net sales compared to 64.7% for the corresponding quarter last year. The increase over last year primarily is due to the significant increase in sales of Keurig At Home Single-Cup Brewers where these brewers are sold at approximately cost (no gross margin) as part of the Company’s strategy to increase the installed base of Keurig brewers. In addition, higher green coffee and other commodity costs contributed to the increase in cost of sales as compared to the year ago fourth quarter. Partially offsetting the increase in cost of sales was the $0.01 increase in the K-Cup royalty rate paid by all Keurig licensed roasters effective August 1, 2008.* More than offsetting the decline in gross margin, selling, general and administrative (S,G& A) expenses improved as a percentage of net sales by 250 basis points to 24.8% from 27.3% in the prior year quarter. This improvement was the result of leveraging selling and organizational resources on a higher sales base. Additionally, included in this quarter’s S,G& A are approximately $1,000,000 in litigation expenses related to the patent infringement suit filed against Kraft which was recently settled, as detailed below.* The Company’s operating income was $13.0 million in the fourth quarter of fiscal 2008, as compared to $7.5 million reported in the prior year period, and improved as a percentage of net sales to 9.6% from 8.0%.* Interest expense was $1.3 million in the fourth fiscal quarter of 2008 and 2007.* Income before taxes for the fourth quarter of fiscal 2008 increased 92% to $11.7 million as compared to $6.1 million reported in the fourth quarter of fiscal 2007.* The Company’s tax rate was 39.2% as compared to 41.3% in the prior year quarter. The difference primarily was due to foreign tax credits associated with royalties earned on K-Cup portion packs from the Canadian licensed roasters for fiscal 2008.* Net income for the fourth quarter of fiscal 2008 was $7.1 million or 5.3% of net sales as compared to $3.6 million or 3.8% of net sales in the corresponding quarter last year.Balance Sheet Highlights* Inventories increased as planned by 119% to $85.3 million at September 27, 2008 from $38.9 million at September 29, 2007 in order to meet expected strong holiday sales of At Home Single-Cup Keurig brewers and K-Cups. The Company anticipates selling more than double the amount of At Home Single-Cup Keurig brewers and K-Cups during this holiday season in retail stores. In addition, the product line of At Home brewers has expanded to include the new “Keurig Mini” and other models contributing to the build in inventories.* Long-term debt increased to $123.5 million at 9/27/08 from $90 million at 9/29/07 primarily to fund capital expenditures of $48 million in fiscal 2008. Annual cash from operations funded the Company’s working capital needs in fiscal 2008.Subsequent EventAs previously announced on October 23, 2008, the Company’s Keurig subsidiary entered into a Settlement and License Agreement to settle its patent litigation with Kraft Foods Inc., Kraft Foods Global, Inc., and Tassimo Corporation (collectively “Kraft”). Pursuant to the terms of the Settlement and License Agreement, Kraft paid to Keurig, after the fourth quarter ended, a lump sum of $17,000,000 and Keurig granted to Kraft and its affiliates a limited, non-exclusive, perpetual, worldwide, fully paid up license of Keurig’s United States Patents Numbered 6,607,762 (the “762 Patent”) and 7,377,162 (the “162 Patent”), and United States and foreign counterpart patents connected to the 762 Patent or 162 Patent, for use in connection with the manufacture, distribution and sale of beverage brewing machines and certain beverage filter cartridges. This settlement will be recorded in the Company’s first quarter of fiscal 2009 as a non-recurring item in operating income of $17 million and will be taxed at the annual effective tax rate. Upon receipt of this lump sum payment at the end of October, the Company used the majority of these funds to pay down debt outstanding under its existing credit facility.Business Outlook and Other Forward-Looking InformationCompany Estimates for Fiscal Year 2009:* Total consolidated net sales growth of 40% to 45%.* Total K-Cup portion packs shipped system-wide by all Keurig licensed roasters to increase in the range of 50% to 60%.* An operating margin in the range of 8.5% to 9.3%, including $4.8 million or $0.11 per diluted share for non-cash amortization expenses related to the identifiable intangibles, and excluding the pre-tax $17 million Kraft patent litigation settlement.* Interest expense of $7.5 million to $8.5 million excluding any additional interest expense associated with financing the Tully’s acquisition.* A tax rate of 41.0% as compared to 38.9% in fiscal 2008.* Fully diluted GAAP earnings per share in the range of $1.58 to $1.68 per share, including the pre-tax $17 million or $0.38 per diluted share Kraft patent litigation settlement, and including the non-cash amortization expenses related to the identifiable intangibles mentioned above of $4.8 million or approximately $0.11 per share. Excluding the Kraft litigation settlement, fully diluted non-GAAP EPS in the range of $1.20 to $1.30 per share.* As previously announced on September 15, 2008, the Company executed an Asset Purchase Agreement to acquire the Tully’s coffee brand and wholesale business from Tully’s Coffee Corporation for a cash purchase price of $40.3 million, subject to adjustment at closing. The Company intends to finance the purchase through its existing $225 million senior revolving credit facility and has received consent from the lenders under its existing revolving credit agreement. This transaction is subject to customary closing conditions, including approval by Tully’s shareholders, and is expected to close in the next few months. The Company anticipates the acquisition will be neutral to modestly accretive to its earnings per share for the first twelve months of ownership following the closing of the transaction, and accretive thereafter.Company Estimates Relating to Balance Sheet and Cash Flow:* Capital expenditures for fiscal 2009 in the range of $50 to $57 million.* Depreciation and amortization expenses in the range of $22 to $24 million including $4.8 million for amortization of identifiable intangibles.Company Estimates for First Quarter Fiscal Year 2009:* Total consolidated net sales growth of 45% to 55%.* An operating margin in the range of 3.7% to 4.4% including non-cash amortization expenses for identifiable intangibles of approximately $1.2 million or $0.03 per share, and excluding the pre-tax $17 million patent litigation settlement. The Company anticipates selling and marketing expenses as a percentage of net sales during the first quarter of fiscal 2009 to be about the same as a year ago. Operating margins are expected to be less than a year ago due to the planned increase in net sales of At Home Single-Serve Keurig brewers with no contribution to gross margins.* Fully diluted GAAP earnings per share in the range of $0.48 to $0.52 per share, including the non-cash amortization expenses related to the identifiable intangibles that are estimated to reduce EPS by approximately $0.03 per share, and including the pre-tax $17 million or $0.38 per diluted share patent litigation settlement. Excluding the Kraft litigation settlement, fully diluted non-GAAP EPS in the range of $0.10 to $0.14 per share.Use of Non-GAAP Financial MeasuresIn addition to reporting financial results in accordance with generally accepted accounting principles (GAAP), the Company provides non-GAAP operating results that exclude certain charges or credits and information regarding non-cash related items such as amortization of identifiable intangibles related to the Keurig acquisition completed on June 15, 2006 and also excludes one time operating income related to the Company’s Kraft litigation. These amounts are not in accordance with, or an alternative to, GAAP. The Company’s management believes that these measures provide investors with greater transparency by helping illustrate the underlying financial and business trends relating to the Company’s results of operations and financial condition and comparability between current and prior periods. Management uses the measures to establish and monitor budgets and operational goals and to evaluate the performance of the Company.Green Mountain Coffee Roasters, Inc. will be discussing these financial results and future prospects with analysts and investors in a conference call available via the internet. The call will take place today at 5:00 PM ET and will be available, with accompanying slides, via live webcast on the Company’s website at www.GreenMountainCoffee.com(link is external) and other major portals. The Company archives the latest conference call on the Investor Services section of its website for a period of time. A replay of the conference call also will be available by telephone at 719-457-0820, confirmation code 2846968 from 9:00 PM ET on November 12th through 9:00 PM ET on Sunday, November 16th, 2008.GMCR routinely posts information that may be of importance to investors in the Investor Services section of its website, including its complete financial statements, as filed with the SEC. The Company encourages investors to consult this section of its website regularly for important information and news. Additionally, by subscribing to the Company’s investor alerts, individuals can receive news directly from GMCR, via e-mail, as it is released.About Green Mountain Coffee Roasters, Inc.Green Mountain Coffee Roasters, Inc. (NASDAQ: GMCR) is recognized as a leader in the specialty coffee industry for its award-winning coffees, innovative brewing technology and socially and environmentally responsible business practices. GMCR manages its operations through two wholly owned business segments: Green Mountain Coffee and Keurig. Its Green Mountain Coffee division sells more than 100 high-quality coffee selections, including Fair Trade Certified(tm) organic coffees, under the Green Mountain Coffee(r) and Newman’s Own(r) Organics brands through its wholesale, direct mail and e-commerce operations (www.GreenMountainCoffee.com(link is external)). Green Mountain Coffee also produces its coffee as well as hot cocoa and tea in K-Cup(r) portion packs for Keurig(r) Single-Cup Brewers. Keurig, Incorporated is a pioneer and leading manufacturer of gourmet single-cup coffee brewing systems for offices, homes and hotel rooms. Keurig markets its patented brewers and K-Cup(r) portion packs through office distributors, retail and direct channels (www.Keurig.com(link is external)). K-Cup(r) portion packs are produced by a variety of licensed roasters including Green Mountain Coffee. Green Mountain Coffee Roasters, Inc. has been recognized repeatedly by CRO Magazine, Forbes and SustainableBusiness.com as a good corporate citizen and an innovative, high-growth company.Forward-Looking StatementsCertain statements contained herein are not based on historical fact and are “forward-looking statements” within the meaning of the applicable securities laws and regulations. Owing to the uncertainties inherent in forward-looking statements, actual results could differ materially. Factors that could cause actual results to differ materially from those in the forward-looking statements include, but are not limited to, the impact on sales and profitability of consumer sentiment in this difficult economic environment, the Company’s success in efficiently expanding operations and capacity to meet growth, the Company’s success in receiving required approvals for the acquisition of Tully’s wholesale business and then in efficiently and effectively integrating Tully’s wholesale operations and capacity into its Green Mountain Coffee segment, competition and other business conditions in the coffee industry and food industry in general, fluctuations in availability and cost of high-quality green coffee, any other increases in costs including fuel, the unknown impact of management changes, Keurig’s ability to continue to grow and build profits with its roaster partners in the office and at home markets, the impact of the loss of one or more major customers for Green Mountain Coffee or reduction in the volume of purchases by one or more major customers, delays in the timing of adding new locations with existing customers, Green Mountain Coffee’s level of success in continuing to attract new customers, sales mix variances, weather and special or unusual events, as well as other risks described more fully in the Company’s filings with the SEC.Forward-looking statements reflect management’s analysis as of the date of this press release. The Company does not undertake to revise these statements to reflect subsequent developments, other than in its regular, quarterly earnings releases.last_img read more

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Don’t base decisions on party affiliation

first_imgWhen you just go along with your party, you aren’t doing your job.It’s your job to do your research on proposed bills and to judge whether voting yes or no will do what’s best for the people you represent. Party line voting is, many times, the easy way out.Many times you’re doing someone a favor. Many times it’s “I’ll scratch your back if you scratch mine.” It’s politics as usual.It’s time for all that to change. It’s time to do what you were ejected to do. Stand up and be counted. Don’t be a sheep or a lemming and fall off the cliff along with your constituents. Hats off to those representatives who did, and do, the right thing. Party line voting is ruining our country.Francis PuglieseRotterdamMore from The Daily Gazette:EDITORIAL: Thruway tax unfair to working motoristsCar hits garage in Rotterdam Sunday morning; Garage, car burnEDITORIAL: Urgent: Today is the last day to complete the censusFoss: Should main downtown branch of the Schenectady County Public Library reopen?EDITORIAL: Find a way to get family members into nursing homes Party line voting isn’t what we elected you for. When we vote for a candidate, we ask only one thing: an honest effort to do what’s best for the people you represent. Categories: Letters to the Editor, Opinionlast_img read more

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Krakatau Steel files anti-dumping petition against Chinese steel

first_imgTopics : Read also: Luhut asks Xi Jinping to roll back China’s steel import tariffsControls were necessary as local iron and steel industry players suspected that China was dumping its product on Indonesia, he said.Imports of carbon-akin alloys like boron steel have disrupted the performance of local steel companies because the product is often used as a substitute for the carbon steel produced by many local players. As a result, steel imports rose to 3.2 million tons in 2019 from 1.4 million tons in 2015, according to IISIA data.Silmy hopes the petition will gain support from related parties, including the government, as he considers it a move to protect the country’s iron and steel industry. The petition is also a part of the association’s effort to help the government collect import duties on Chinese steel alloys as importers often circumvented trade laws by altering the product harmonized system (HS) code, he added.Read also: Indonesia, EU embroiled in fresh trade spat over nickel export ban, subsidiesThe HS code is a widely used goods classification system. It helps facilitate tariff requirements, statistics, rules of origin and commodities export and import supervision, among other processes.“The circumvention practice in steel imports is a fraudulent practice often used by exporting countries to gain profits from avoiding import fees and receiving export tax rebates,” said Silmy.center_img State-owned steelmaker PT Krakatau Steel has submitted an anti-dumping petition against hot-rolled coil/plate (HRC/P) alloy imports from China to the Indonesian Anti-Dumping Committee (KADI).President director Silmy Karim said in a statement on Monday that the petition, submitted on behalf of the Indonesian Iron and Steel Industry Association (IISIA), was part of an effort to control imports of the product, which can be used as a replacement for carbon steel.“This is the first time local industry players have submitted an anti-dumping petition on hot-rolled coil alloys from China,” Silmy said in the statement, adding that KADI had also sent a notification of the petition to the Chinese government.last_img read more

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Cancellation of national exams won’t affect graduation, enrollment: Nadiem

first_imgMeanwhile, the final exams for junior classes would be replaced by online tests, home assignments and/or decided based on the student’s portfolio and school performance.Nadiem added that, since public school enrollment was mostly based on the zoning system, which requires public schools to prioritize enrollment for students living in the district, the cancellation of exams should not have much of an effect.”[Enrollment] should [mostly] be determined by area. Merit-based enrollment can be based on two options: the accumulation of students’ grades from the past five semesters or the students’ academic or nonacademic achievements outside their report cards,” he said.More than 8 million students from 106,000 institutions of education had been registered for national exams this year.The move to cancel the exams was applauded by National Education Standardization Agency (BSNP) head Abdul Mu’ti, who had sent a letter recommending such a policy to the ministry on Monday.Nadiem has announced a plan to abolish the national exam and replace it with a different kind of educational assessment in 2021.”The cancellation of national exams is part of the social distancing measures in an effort to cut the chain of COVID-19 transmission,” presidential spokesperson Fadjroel Rachman said on Tuesday. As of Tuesday, Indonesia has reported 686 cases of COVID-19, with 55 deaths. (trn)Topics : The ministry has ordered schools to determine students’ graduation based on their grades achieved during the past five semesters, with the current semester of their study only be an addition to the whole school performance.The graduation of elementary school students would be based on students’ report cards from fourth grade, fifth grade and the first semester of sixth grade.Whether junior high students make the grade, meanwhile, depends on their report cards from seventh grade, eighth grade and the first semester of ninth grade. Similarly, high school students’ graduation would be based on their report cards from tenth grade, eleventh grade and the first semester of twelfth grade.The grades of the last five semesters would also determine the graduation of vocational high school students, with some additional guidance from students’ portfolios and field practice reports. Education Minister Nadiem Makarim said the cancellation of the national exams due to the COVID-19 pandemic would not affect graduation or enrollment at higher levels of education.Nadiem had issued a ministerial regulation on Tuesday prohibiting any form of examination that would require students to gather.”The cancellation of national exams should not have any effect on the enrollment of new students to junior high school or high school,” Nadiem said in a virtual press conference on Tuesday.last_img read more

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Indonesia launches police unit to guard virus burials

first_imgIndonesia’s capital Jakarta has launched a special police unit to guard the burials of coronavirus victims over concerns that scared residents could try to block funerals, authorities said Monday.The move comes days after angry mobs in several cities on Sulawesi island and in Central Java blocked streets to prevent ambulances from transporting victims of the deadly illness to local cemeteries.Launched at the weekend, the 120-strong Jakarta team will watch over victims’ bodies as they are taken from hospitals to two cemeteries in the sprawling city, where virus corpses are being wrapped in plastic and quickly buried. “We’ve seen cases in other cities and we don’t want such a thing to happen in Jakarta so that’s why we immediately formed the team as a preventative measure,” said Mokhamad Ngajib, head of the new unit.On Monday, health authorities said 209 people had died of the virus with nearly 2,500 confirmed cases in the Southeast Asian archipelago of more than 260 million, where testing rates have been low.More than half the official deaths have been recorded within Jakarta, but the Indonesian Doctors’ Association has warned that the coronavirus crisis is far worse than has been officially reported.Jakarta’s funeral agency reportedly said Monday that more than 600 people had been buried under virus protection protocols since the start of last month, suggesting the death toll could be much higher than the confirmed figures. Topics :center_img In Jakarta’s two virus cemeteries, 30 personnel — including some wearing head-to-toe protective gear — would keep watch over interments and cemetery entrances, while others would ensure body-filled ambulances were not blocked, Ngajib said.Anyone blocking medical staff or interfering with burials could face up to a year in jail, he added.”We’ll try to be persuasive at first. But if they don’t stop then we’ll take firm action and bring them to the police station,” Ngajib said.last_img read more

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