Special economic zone and free port for Iloilo mulled

first_img The enterprises to be registered with the economic zone authority may enjoy income tax holiday or the net operating loss carry over prior to the availment of the gross income earned. All fiscal incentives under the proposed law will be terminated after a cumulative period of 20 years from the date of registration, or the start of operation./PN The zone is seen to attract moreinvestors to Iloilo. ILOILO City – House Bill 5794 (An ActCreating the Metro Iloilo Special Economic Zone and Free Port or MILOECOZONE)passed the scrutiny of the House of Representatives’ Committee on Economic Affairs and Committee on Tradeand Industry yesterday. The proposed special economic zone andfree port encompasses the Iloilo International Port in Barangay Loboc, La Pazdistrict and available public and reclaimed lands in barangays Bitoon andBalabago in Jaro district and in barangays Hinactacan, San Isidro, Ingoreand Loboc in La Paz district. The special economic zone and freeport will “bring positive change for the City of Iloilo and the entire WesternVisayas though jobs generation and investments,” she added. If realized, it will be the first inWestern Visayas and second in the Visayas and Mindanao, according to proponentCong. Julienne Baronda of this city. By creating more jobs, improvingsocial services, encouraging innovation and connecting the countryside togrowth centers, poverty will be reduced and development in rural areaswill be accelerated, Baronda explained. The Metro Iloilo Economic Zone andFreeport complements the Philippine Development Plan 2017-2022, she stressed. “We have been dependent on theagriculture and services sectors all this time. Now, we want to expand and wewant to diversify. We will welcome investors. We will offer them one of thebest investment climates the Philippines can offer. The centerpiece of all thatis the ecozone,” according to the first-termer congressowoman. Under the bill, a tax rate of five percent on gross income earned will be collected from the locators with no other local or national taxes to be imposed.last_img read more

Guyana Softball Cup confirmed for November 4-6

first_imgVICE-PRESIDENT of the Guyana Floodlight Softball Cricket Association (GFSCA), Ricky Deonarain has confirmed yesterday that the sixth annual Guyana Softball Cup will be staged here from November 4 to 6.The three-day event is the largest softball event locally, and will once again attract the best softball teams, both locally and overseas.As was the case over the years, the event will be competed in Open and Masters categories.Approximately 24 teams from Guyana and North America are expected to participate in the tournament.Deonarine indicated that all plans are currently being looked at in order for another successful and fun fill tournament.Regal XI and Regal Masters are the reigning champions of the Open and Masters categories respectively.The tournament will be officially launched on Tuesday at the Demerara Cricket Club pavilion.last_img read more

3 takeaways from Syracuse’s 77-58 exhibition win over Carleton

first_img Published on October 29, 2019 at 10:08 pm Contact Michael: mmcclear@syr.edu | @MikeJMcCleary Syracuse closed out its preseason with a 77-58 win against Carleton in the Carrier Dome on Tuesday. The Ravens, who have won 14 of the last 17 Canadian national championships, were led by center Biniam Ghebrekidan who scored 18 points and grabbed six rebounds. Elijah Hughes led the Orange with 15 points and 10 rebounds. Joe Girard III finished with 14 points and Buddy Boeheim added 12 points and four assists. Below are three takeaways from Syracuse’s final preseason tune-up before the Orange begin their season hosting defending national champion Virginia on Nov. 6 in the Carrier Dome. Halfcourt offenseWhen Carleton pressed its guards forward, Brycen Goodine couldn’t break free. He dribbled left and right, lost the ball a few times and double-dribbled. Running a full court game, due to tight defense in the backcourt, the Orange struggled. After some rough, sloppy play in the early part of the game, Syracuse controlled the pace of the game and broke down defenders off the dribble. AdvertisementThis is placeholder textHughes demanded the ball after the Goodine double-dribble and patrolled the offense with a steady pace. When he worked between the elbows, he showcased an improved crossover dribble, which drew defenders in. As Syracuse started to beat people to the rim, the defense crashed in, leading to wide open shots from beyond the arc. “(Hughes) can run it,” Boeheim said about Hughes taking the ball up the court after Jalen Carey and Goodine struggled. “If he runs it we have a different attack… so we will have him do that.In the halfcourt, SU can highlight its strength — shooting — and get to the rim with off-ball movement. Several times, Syracuse players broke down defenders at the top of the key, which drew attention away from the wings. Because defenders cheated up to stop the Orange’s shooting threat, SU players cut to the rim. Sophomore Robert Braswell and Hughes, among others, scored baskets backdoor.Buddy buckets Buddy Boeheim is a dangerous option out of the baseline inbound set. He knocked down three-pointers in that situation twice in the first half against Carleton. On the first, Buddy passed the ball into Marek Dolezaj who had boxed his man out. Buddy then stepped quickly to the corner, snatched a handoff from Dolezaj and swished a 3-pointer. His second was more straight forward. A bounce pass brought the ball into Boeheim on the wing and he sank another triple. Buddy finished with three long balls. Through two scrimmages, he’s established himself as the likely second scoring option behind Hughes. With limited time on the shot clock, Buddy often found himself with the ball dribbling for an open shot. On one drive in the second half, he forced movement from the Carleton defense and swung the ball down low to Quincy Guerrier for a basket. Buddy established himself as an outside threat last season. With more offensive responsibility this year, his ability to dribble off shot fakes and distribute could be critical to the Orange’s success.Rotation still unclear Jim Boeheim said in the postgame press conference after Daemen that SU “can’t play 12 guys.” Due to exhibition play, SU has run with a deep rotation to give minutes to players who might need to earn them. But, aside from the starting-five, SU’s quest to find the typical seven-to-eight-man rotation it typically employs is unclear. “It possibly could get to ten,” Boeheim said of his rotation. “But it’s more likely that it’s going to be eight or nine in actuality…somebody goes in and plays well like Robert [Braswell] did the first game, he played more. He didn’t really get hot tonight.”The Orange have depth at a lot of spots on the floor, but Boeheim noted that deep rotations aren’t conducive to players gaining a rhythm on the floor. Girard III, Goodine, Jesse Edwards, Guerrier and Braswell have all contributed solid minutes for SU. Girard III and Goodine are vying for minutes in the backcourt, where SU’s most productive offensive players occupy the roles, and Guerrier, Braswell and Edwards are all looking to rotate in for forwards minutes, where all three getting significant time is unlikely. Comments Facebook Twitter Google+last_img read more

UKGC Health Survey details UK participation & risk-rates

first_imgShare StumbleUpon Submit Share The UK Gambling Commission (UKGC) has today published its ‘combined Health Survey’, detailing data and insights provided by independent non-profit organisation – NatCen Social Research.The Health Survey focuses on three key research areas; gambling participation, at-risk and problem-gambling rates across the UK, with data gathered from public health records drawn during 2016.“The main aims and objectives of this report are:  to describe the prevalence of gambling participation, frequency of gambling participation, the prevalence of low risk, moderate risk and problem gambling; to explore characteristics associated with gambling participation, frequent gambling, low risk, moderate risk and problem gambling” details the UKGC’s executive summary.With regards to participation, the study finds that 57% of adults (aged 16 and over) in Great Britain had gambled in the past year, down by 6% compared to 2015 figures.The lottery and its associated products continue to be the most popular form of gambling activity for UK adults, with National Lottery draws (41%), and scratchcards (21%) of participation.The study finds that gambling participation excluding National Lottery draws only was highest among 25 – 34-year-olds.Measuring UK ‘gambling risk’ rates, the study finds that 2.4% of people were classed as low-risk gamblers, with 1.1% of people classed as moderate risk gamblers.In its report, the UKGC classifies problem-gambling as a mental disorder which ‘compromises, disrupts or damages family, personal or recreational pursuits’.For 2016, 1.2% of gamblers were classed as problem gamblers (0.7% of the population) with figures statistically stable, and consistent with both 2012 and 2015 health surveys.Tim Miller – UKGCTim Miller, Executive Director at the Gambling Commission said: “The Health Survey, along with all of our evidence and data, indicates that the problem gambling rate in Great Britain is stable. However, we want to see a sustained and significant reduction in the levels of problem gambling and will continue to drive the industry to build momentum towards this goal.“Understanding the level of problem gambling is an important part of making gambling safer, but what this data won’t show is the extent of the harm someone may be experiencing, or the wider impact upon their families and their communities.”last_img read more