Facebook Twitter Google+LinkedInPinterestWhatsApp Related Items: Facebook Twitter Google+LinkedInPinterestWhatsAppKingston, Jamaica, November 8, 2016 – The diaspora is being touted among the specific areas that will be engaged to attract investment for achieving economic growth. Chairman of the Economic Growth Council (EGC), Michael Lee-Chin, speaking in a panel discussion and signing ceremony at the Courtleigh Auditorium on November 7, said the diaspora is a central repository for investment capital. He said the EGC will be engaging members of this demographic in visits to Atlanta, New York, Miami, London, Toronto and other diaspora nodes in a move to expose them to the mission of the council and how they can partake in the push for growth locally.Mr. Lee-Chin noted that other areas that are expected to drive growth include insurance, local and foreign investors, agriculture and the Business Process Outsourcing (BPO) industry. He said investments in renewable energy, mining, tourism, manufacturing and infrastructure are also critical.The Chairman expressed confidence in the commitment to achieving growth of five per cent in gross domestic product (GDP) in four years, noting that the table is set for this due to a confluence of factors – fiscal stability, historically low inflation, low energy and telecoms prices, and improved business confidence. “The table is set for growth because the Government has accepted its role to enable and facilitate growth,” Mr. Lee-Chin emphasized.Prime Minister, the Most Hon. Andrew Holness; Mr. Lee-Chin and Vice Chairman, Ambassador Nigel Clarke, used the ceremony to sign a declaration of intent with private sector-groups, unions and civil society, which underscores the Government’s commitment to the specific policies that fall under each growth initiative.The growth initiatives by the EGC, which was appointed by the Prime Minister to consult widely and advise Cabinet on policies and reform that will facilitate economic growth, are to: maintain macroeconomic stability and pursue debt reduction; improve citizen security and public safety; improve access to finance; and pursue bureaucratic reform to improve the business environment.The other initiatives are to: stimulate greater asset utilization; build human capital; harness the power of the diaspora; and catalyze the implementation of strategic projects.
InfosysReutersThe year 2017 is something Infosys and its employees will probably always remember, considering how much has happened in the firm. From top-level managers, including former CEO Vishal Sikka, quitting and speculations that he had a fallout with co-founder Narayana Murthy to the firm getting a new CEO in Salil Parekh, the year has definitely been memorable.And now that Parekh has come onboard the IT giant, it looks like Infosys will begin the new year with some stability. At least that is what Parekh aims for, along with growth of the Bengaluru-based IT giant. Infosys is now reportedly set to see a new team of leaders and Parekh’s management style has been described as “firm but gentle.””He (Parekh) is good at getting things done but won’t spend time talking things up,” a former Infosys executive told the Economic Times. And with this “firm but gentle” style, Parekh will need to not just push for growth , but will also have to bring some stability to the firm, which has witnessed troubled times, as well as build confidence among his employees.Infosys staffers have told the daily that they do not expect Parekh to come onboard and bond with them overnight, but they would like to know what he has in the pipeline. “No one is expecting him to come in and distribute iPhones, but you need to know what is happening. If the company changes direction every three years then people get tired,” an employee noted.The 53-year-old, who moves to Infosys from Capgemini, will need to bring the IT giant’s growth back on track, in turn increasing its revenue. Infosys’ shares have taken quite a hit in the last few months, and have only marginally improved since Sikka’s exit.While his agenda may be in place, experts believe that Parekh must be given the space to make decisions and execute them, without the interference of the founders, which seemed to be the case with Sikka.”The hope is that the founders do not micro-manage Salil Parekh, just because the MD is based out of Bengaluru. And they should let the MD build his own team and strategy for the company,” Shriram Subramanian, founder of InGovern Research Services, told ET. ReutersThe reported interference from the founders is said to be one of the reasons that Sikka decided to resign. In his letter to the board announcing his resignation he had hinted on this writing: “Over the last many months and quarters, we have all been besieged by false, baseless, malicious and increasingly personal attacks.”Allegations that have been repeatedly proven false and baseless by multiple, independent investigations. But despite this, the attacks continue, and worse still, amplified by the very people from whom we all expected the most steadfast support in this great transformation.”
US president Donald Trump attends the Congressional Picnic on the South Lawn of the White House in Washington, DC, on 21 June 2019. Photo: AFPAn advice columnist for Elle fashion magazine said Friday that Donald Trump sexually assaulted her in the dressing room of a New York department store more than two decades ago, an accusation swiftly denied by the US president.According to E. Jean Carroll, the rape occurred in either 1995 or 1996, when Trump was a prominent real estate developer and she was a well-known magazine writer and host of a television show.The account, revealed in an excerpt of Carroll’s latest book and published Friday by New York magazine, makes her at least the 16th woman to have accused Trump of sexual misconduct before he became president.Trump reacted with a statement saying he’d never met Carroll, and that the incident “never happened.”Carroll, 75, says she ran into Trump at the Bergdorf Goodman department store in Manhattan while they were both shopping.She says that in an initially friendly encounter, Trump asked her for advice on buying a piece of lingerie for an unnamed woman. Then jokingly, they each suggested that the other should try it on.”The moment the dressing-room door is closed, he lunges at me, pushes me against the wall, hitting my head quite badly, and puts his mouth against my lips,” Carroll wrote.Pinning her against the wall, Carroll says, Trump proceeded to pull down her tights, unzip his pants and penetrate her — all while himself fully dressed — until she finally managed to push him out and run from the dressing room.Carroll never went to the police because, she said, she was afraid of repercussions.Carroll wrote that she did not come forward sooner because she was afraid of “receiving death threats, being driven from my home, being dismissed, being dragged through the mud.””Joining the 15 women who’ve come forward with credible stories about how the man grabbed, badgered, belittled, mauled, molested and assaulted them, only to see the man turn it around, deny, threaten, and attack them, never sounded like much fun,” she wrote.Trump shot back that Carroll was an attention seeker.”I’ve never met this person in my life. She is trying to sell a new book –that should indicate her motivation,” he said in a statement. “It should be sold in the fiction section.”He also said that New York magazine is a “dying publication” and had tried to “prop itself up by peddling fake news.”The magazine quoted a senior White House official saying that the accusation “was created simply to make the president look bad,” while Trump asked if Carroll had links to his opponents in the Democratic party.
MCLEAN, VA — Hilton has signed on to develop an upscale, all-suite Embassy Suites by Hilton brand in Aruba in 2021.The new-build 330-suite oceanfront Embassy Suites by Hilton Aruba Resort marks Hilton’s second hotel on the island and reinforces the company’s continued expansion plans in the Caribbean.“The signing of Embassy Suites by Hilton Aruba Resort underscores Hilton’s commitment to expanding its portfolio across the Caribbean,” said Juan Corvinos, VP, development, Caribbean and Latin America, Hilton.“We are focused on continued growth in the region and bringing our industry leading brands to top destinations like Aruba. The new Embassy Suites by Hilton resort across Eagle Beach will be a wonderful complement to our existing Hilton Aruba Caribbean Resort & Casino on Palm Beach, further extending our hospitality to a new area of the island.”Located on J.E. Irausquin Boulevard across from the white sands of Eagle Beach and less than 10 km from the airport, hotel guests will get unobstructed views of the Caribbean Sea and proximity to the area’s main attractions, dining and entertainment.More news: Virgin Voyages de-activates Quebec accounts at FirstMates agent portalThe new-build eight-storey 330-suite resort in Aruba will feature Embassy Suites by Hilton’s signature spacious suites equipped with a separate living area, private bedroom and wet bar fitted with a microwave, mini-fridge and coffee maker.The resort will provide 6,000 square feet of flexible meeting space, a more than 3,000 square foot spa, outdoor swimming pool, fitness center and casino. There will also be a three-meal signature restaurant, bar and grab-and-go dining option.Hilton currently has a portfolio of nearly 150 hotels and resorts in 25 countries across the Caribbean and Latin America.The company says it is actively pursuing additional growth opportunities and currently has a development pipeline of more than 80 hotels throughout the region. Hilton announces plans for Embassy Suites by Hilton Hotel in Aruba Wednesday, March 13, 2019 Tags: Aruba, Embassy Suites, Openings & Renovations Share Travelweek Group Posted by << Previous PostNext Post >>