BUSINESS OWNER SAVES BIG FROM SOLAR SYSTEM

first_img Jamaica’s Senate Begins debate on National Identification and Registration Bill Facebook Twitter Google+LinkedInPinterestWhatsAppKINGSTON, Oct. 3 (Jamaica Information Service): A New Kingston business owner is reaping the benefits of reduced energy costs, following the installation of a US$30,000 photovoltaic solar system at her premises.Operator of the Oasis on the Oxford, Lorraine Clunie, is encouraging other small business owners to take the step towards renewable energy, following a dramatic reduction in her electricity bills after just three months.“My light bill was coming to about $150,000 per month, sometimes even as high as $210,000. I installed the 15-kilowatt system in June and the following month I received a bill for $40,000 and after that my light bill went down even further to $20,000,” she said. Mrs. Clunie, who was speaking to JIS News at her company on Oxford Road, following a tour of the premises by Energy Minister, Hon. Phillip Paulwell, on October 3, said there were times when she considered closing her business, as the energy cost had become quite unbearable. “There were times when just to pay the light bill, I was not able to pay my staff or to pay my lease,” she noted.“I got to a point where I didn’t know what to do and then I heard a statement from the Minister encouraging persons to go solar and so I became aware of the possibilities and the benefits that could be derived,” she added.Mrs. Clunie said after doing some research on solar energy, she decided to acquire the system using her credit card, importing a part at a time. “I didn’t have all the money at once, so I decided to buy it piece by piece. It took me nine to ten months to acquire the entire system and to get everything here. And the major thing was that I didn’t have to pay any duty on the system, because of the Government’s duty free policy on renewable energy systems,” she told JIS News. She informed that her system, which includes 81 solar panels, now provides all the energy she needs to run her New Kingston business complex, which houses the Red Snapper Restaurant, the Thirsty Man pub, and Elegant Weddings.Mrs. Clunie is now in the process of applying for a licence from the Office of the Utilities Regulation (OUR) for Net Billing to sell excess energy to the Jamaica Public Service (JPS).“I would encourage small business owners to just get with the programme. The fact is I am now much better off and this system will pay for itself in about 18 to 20 months,” she says.In the meantime, Minister Paulwell told JIS News that the installation of the system demonstrates the importance of using those incentives that the government has provided to small businesses to lower their cost of electricity.“This is a good model for small businesses and it has slashed their electricity usage and costs significantly, making the business so much more viable and productive,” he noted.“So, when we say that each person has a responsibility to reduce the cost of electricity, this is one of the models that we want to promote,” the Minister said.He pointed out that once the system is installed, it is maintenance free for almost 20 years. “You make back your money in four years and you’re able to generate a significant profit from it, so it is definitely a win, win,” the Minister said. Related Items:jamaica, Lorraine Clunie, Oasis on the Oxford, solar system Bahamas DPM Turnquest, as IDB Governor, Talks Technology and Climate Change Resilience at IDB Conclave Recommended for you Facebook Twitter Google+LinkedInPinterestWhatsApp Two boys die, bicycle and van collide in St. Catherine, Jamaicalast_img read more

Bill In Honor Of Sean Collier Would Grant Federal Death Benefits To

first_imgWILMINGTON, MA — A bill named in honor of Wilmington fallen hero Sean Collier is making its way through the U.S. House of Representatives.If passed, the Officer Sean Collier Campus Police Recognition Act would allow the families of police officers — employed at PRIVATE colleges and universities — that are killed in the line of duty to receive death benefits from the federal government.Currently, only the families of sworn law enforcement officers at PUBLIC colleges and universities are eligible for these benefits.“Officer Sean Collier was shot and killed while on duty on the campus of the Massachusetts Institute of Technology (MIT) in April 2013 by the Boston Marathon Bombers,” reads a statement from the International Association of Campus Law Enforcement Administrators. “Because MIT is a private, non-profit institution of higher education, his family is not eligible for [Public Safety Officer Benefits] assistance. Had Officer Collier been employed by a public college or university, his family would have been eligible for assistance. In fact, had an officer with the city police department been killed alongside Officer Collier, the city officer’s family would have received [Public Safety Officer Benefits] assistance.”According to the Association, since 1923, 46 university police officers have been killed in the line of duty — 34 at public institutions eligible to receive the death benefit and 12 private institutions not eligible to receive the death benefit.“Congress passed the Public Safety Officers Benefit Act to provide peace of mind to aspiring police officers by assuring them that their families would be cared for in the event they gave their life in service to others,” according to the statement. “As a matter of basic fairness, this peace of mind should be given to all sworn law enforcement officers regardless of which agency employs them.”The Officer Sean Collier Campus Police Recognition Act of 2019 (H.R. 816) has bipartisan support in the U.S. House of Representatives. The bill, sponsored by Peter King (R-New York), already has 15 co-sponsors, including Massachusetts representatives Seth Moulton, Richard Neal, Stephen Lynch, Bill Keating, Joe Kennedy, Katherine Clark, James McGovern, and Lori Trahan.The bill was introduced in the House on January 28, 2019. It was immediately referred to the Judiciary Committee. On March 25, 2019, the bill was referred to Judiciary’s Subcommittee on Crime, Terrorism and Homeland Security.Like Wilmington Apple on Facebook. Follow Wilmington Apple on Twitter. Follow Wilmington Apple on Instagram. Subscribe to Wilmington Apple’s daily email newsletter HERE. Got a comment, question, photo, press release, or news tip? Email wilmingtonapple@gmail.com. Share this:TwitterFacebookLike this:Like Loading… RelatedSenator Markey Honors Sean Collier with Introduction of Bipartisan Equity in Law Enforcement ActIn “Government”Sean Collier Bill Re-Introduced In CongressIn “Government”5th Annual Sean Collier Cornhole Tournament Set For September 17In “5 Things To Do Today”last_img read more

Buy Sell Hold What stocks are analysts tracking on March 8

first_imgIndian pedestrians walk on Dalal Street – Trader’s Street – next to the Bombay Stock Exchange (BSE) in Mumbai on March 7, 2014.INDRANIL MUKHERJEE/AFP/Getty ImagesSGX Nifty, an early indicator of the Nifty 50’s trend in India, signals a weak start for the domestic markets after the benchmark Sensex declined 429 points or 1.27 percent to close at 33,317 on Tuesday.Here are some of the stock recommendations by analysts for Wednesday:1. Aegis LogisticsMotilal Oswal recommends ‘Buy’Target Price: Rs 303Current stock price: Rs 228About the company: Aegis Logistics distributes liquefied petroleum gas and provides logistics and terminalling services in the oil, gas and chemicals sectors. The company also manufactures and distributes oleochemicals and kerosene oil and provides chemical storage facilities.Stock Performance: The stock has jumped 13 percent in an year and has a P/E ratio of 63 times forward earnings. Aegis Logistics has a market capitalization of Rs 76 billion.2. DCB BankIndependent analyst Kunal Bothra recommends ‘Sell’Target Price: Rs 150Current stock price: Rs 157About the company: DCB Bank Limited is a full service commercial bank. The Bank offers consumer banking, commercial banking, and treasury operations.Stock Performance: The stock has edged up 2 percent in an year and has a P/E ratio of 20 times forward earnings. DCB Bank has a market capitalization of Rs 48 billion.3. State Bank of Indiamanasjaiswal.com recommends ‘Sell’Target Price: Rs 240Current stock price: Rs 246About the company: State Bank of India provides a wide range of banking and financial services to corporate, institutional, commercial, agricultural, industrial and individual customers throughout India. The bank also provides international banking to its Indian customers and has operations in other countries.Stock Performance: The stock has lost 9 percent in an year and has a market capitalization of Rs 2.1 trillion.4. Ashok LeylandAngel Broking recommends ‘Buy’Target Price: Rs 163Current stock price: Rs 141About the company: Ashok Leyland manufactures medium and heavy duty commercial vehicles, including buses, tractors, dumpsters, haulage trucks, fire engines, and defense sector vehicles. The Company also manufactures industrial & marine engines, ferrous castings and spare parts for automobiles. Ashok Leyland sells its products in India and abroad.Stock Performance: The stock has gained 57 percent in an year and has a P/E ratio of 26 times forward earnings. Ashok Leyland has a market capitalization of Rs 413 billion.5. Time TechnoplastINDSEC recommends ‘Buy’Target Price: Rs 224Current stock price: Rs 158About the company: Time Technoplast manufactures and sells technology based polymer products for a wide variety of industries.Stock Performance: The stock has gained 60 percent in an year and has a P/E ratio of 23 times forward earnings. Time Technoplast has a market capitalization of Rs 36 billion.Disclaimer: The recommendations provided by the research analysts are their own, and not that of the website or its management.last_img read more

MarriottStarwood merger finally closes what happens now to their loyalty programs

first_imgMarriott-Starwood merger finally closes, what happens now to their loyalty programs? Friday, September 23, 2016 Share By: Scott Mayerowitz Source: The Associated Press << Previous PostNext Post >> Tags: Loyalty Programs, Marriott, Starwood Hotels & Resorts NEW YORK — Several of the best-known names in travel are now united in one hotel company.Marriott International closed Friday morning on its US$13 billion acquisition of Starwood Hotels & Resorts Worldwide, bringing together its Marriott, Courtyard and Ritz Carlton brands with Starwood’s Sheraton, Westin, W and St. Regis properties.In total, 30 hotel brands now fall under the Marriott umbrella to create the largest hotel chain in the world with more than 5,700 properties and 1.1 million rooms in more than 110 countries. That’s more than 1 out of every 15 hotel rooms around the globe.Marriott now eclipses Hilton Worldwide’s 773,000 rooms and the 766,000 that are part of the Intercontinental Hotels Group family, according to STR, a firm that tracks hotel data.“We’ve got an ability to offer just that much more choice. A choice in locations, a choice in the kind of hotel, a choice in the amount a customer needs to spend,” Marriott CEO Arne Sorenson told The Associated Press in an interview Thursday.Starwood’s guest loyalty program – Starwood Preferred Guest – was also a “central, strategic rationale for the transaction,” Sorenson said. The program’s members are deeply loyal to it, have generally higher incomes and tend to spend many nights on the road.Starting Friday, members of Starwood and Marriott’s two loyalty programs will be able to link their accounts together. Gold elite members in one program will get gold status in the other. Platinum elite members will get platinum in the other. Marriott silver members will see Starwood’s lowest category, Preferred Plus.Each Starwood point will be worth three Marriott Rewards points.Starwood put itself up for sale in April 2015. The Stamford, Connecticut, company had struggled to grow as fast as its rivals, particularly in “limited service hotels,” which are smaller properties that don’t have restaurants or banquet halls. They are often located on the side of the highway, near airports or in suburban office parks.To get Starwood, Marriott had to outbid China’s Anbang Insurance Group. U.S. and European anti-trust regulators were quick to approve the sale but the Chinese government hesitated, delaying the sale by months.“We may have been a little too optimistic about how fast we could get this thing closed,” Sorenson said Thursday.Marriott and Starwood – like other hotel chains – own very few individual hotels. Instead they manage or franchise their brands to hundreds of individual owners, often real estate development companies. Those individual hotel owners are responsible for setting nightly room rates. It isn’t uncommon for a developer to own a Marriott, Hilton, Hyatt and Sheraton in the same city.The purchase gives Marriott more leverage with corporate travel departments who often look for one giant chain to house all of their employees. It also gives Marriott more power over Expedia and Priceline, the two giant online travel agencies that sell rooms on behalf of hotel companies in exchange for a commission. The hotel industry has spent the last year trying to get travellers to book directly with them instead of the travel agencies to avoid paying those fees.There are still many details to work out.Marriott has thrived as an “asset light” company, owning a handful of hotels. Starwood has been selling off properties, while signing long-term management agreements for those same hotels. As of June 30, it still owned 23 properties. Sorenson said he believes there is a strong market to continue selling off many of those iconic hotels.“There is always a market for the St. Regis in New York,” he said, adding that other assets in the portfolio have comparable stature. “In great global cities, real estate like that always has a value.”The new company will keep Marriott’s Bethesda, Maryland headquarters but hasn’t announced if it will keep any presence at Starwood’s Connecticut or New York offices.Then there are the 30 brands. Some have performed better than others but Sorenson said all of them will probably survive the merger.“I think so. Every one of them has hotels in them,” he noted.For now, Starwood and Marriott will keep separate loyalty programs. Starwood has a credit card deal with American Express as well as close partnerships with Delta Air Lines and Uber. Marriott has a much larger program with partnerships with Chase and United Airlines.“Nothing changes immediately. We have to see how those partnerships evolve,” Sorenson said.Gary Leff, who writes about points and miles at ViewFromTheWing.com, called the three-to-one exchange rate of Starwood points to Marriott points “just right.”“It’s one of the many reasonable and positive steps that Marriott has taken along the way as it acquires Starwood,” Leff said. “But there’s a whole lot still to happen between now and the programs actually being combined.”last_img read more

Asia Europe 2018 lineups new from Busabout

first_img Monday, November 13, 2017 Travelweek Group Share Posted by Asia, Europe 2018 lineups new from Busaboutcenter_img TORONTO — Busabout’s new Asia 2018 program includes the new ‘Unlimited Pass’, offering clients the chance to travel once on all Busabout Asia trips within a three-month period.With the Unlimited Pass clients choose where to start and finish, and everything in between and can travel all of Southeast Asia for $65 a day. In addition to the ‘Unlimited Pass’, four of Busabout’s most popular Asian trips have been improved: the five-day Southern Thailand Adventure; the six-day Southern Vietnam Adventure; the 10-day Thai Island Hopper; and the 24-day Vietnam & Cambodia Adventure.Clients who book and pay in full by Jan. 14, 2018 can save 10% off all 2018 departures as part of Busabout’s ‘Early Booking Deals’.Meanwhile Busabout, HAGGiS and Shamrocker Adventures have launched their new 2018-19 Europe brochure, as a follow up to their first-ever Europe Preview program.Next year will see the expansion of Busabout’s Hop-On Hop-Off travel network which includes new stops through Portugal and Spain and a trip to the foodie capital of Bologna for the first time.The new program will also offer an off-the-beaten-path exploration of Eastern Europe, as well as four new Europe Winter & Festive itineraries, nine new Adventures, and a new Winter Music Festival itinerary.More news:  GLP Worldwide introduces first-ever Wellness programsClients who book by Jan. 14, 2018 can save up to 15% off the new European experiences, including 15% off all Hop-On Hop-Off passes, as part of its Early Booking Deals.The new brochure has been re-designed with the agent in mind. Plus, 95% of the brochure has been designed using UGC (User Generated Content), created from Busabout travellers to reflect real experiences. The new design allows agents to not only offer their clients even more choice than before, but also showcase real-life experiences on any given trip, says the company, adding that agents can now also sell with 100% confidence with all Europe trips ‘Book and Go’ guaranteed.“We are excited to introduce our new Europe 2018-19 program – from our new additions to the Hop-On Hop-Off network to the re-designed brochure. We now visit 47 destinations in 15 countries across Europe on our Hop-On Hop-Off network,” said Damien Bennett, Vice-President of Sales in North America for Busabout. “This year we wanted to entice our travellers in a new way, allowing them to jump right into the pages of our new brochure and easily picture themselves on one of our trips, making selling fun for our loyal agents.”More news:  Can you guess the one and only hotel company to rank on Indeed’s Top Workplaces in Canada list?Highlights from the new Europe 2018-19 program include: the 2-day Croatian Adventure; the 15-day Ultimate Eastern Adventure (+ Eastern Highlights and Eastern Trail); Ski Festivals – Above & Below Ski Adventure and Rise Festival; and new Hop-On Hop-Off destinations include Bologna, Austrian Alps, Zakopane, Evora, Santiago de Compostela.Now featuring 47 destinations in 15 countries across Europe. The Unlimited Pass provides unlimited stops across the entire Hop-On Hop-Off network.For more information contact Canada sales manager Adam Bobawsky at adam@busabout.com, visit busabout.com or call 1-877-668-4328 and quote promo code EB1 for the Europe early booking special, or EBASIA18 for the Asia EBB. Tags: Asia Pacific, Britain & Europe, Brochures, Busabout, coach tours << Previous PostNext Post >>last_img read more