18 Jan
2021

Anna-Jane Casey and More to Star in London’s Forbidden Broadway

first_img Casey, who starred in the 2009 production of Menier’s Forbidden Broadway, has also appeared in Billy Elliot, Spamalot, Company and Sunday in the Park with George. Dann, who received an Olivier nomination for Lend Me a Tenor—the Musical, has also stared in a previous incarnation of Forbidden Broadway, in addition to Sunday in the Park with George. Humbley recently took to the Menier stage in Merrily We Roll Along and has also appeared in productions of Company, Lend Me a Tenor—the Musical and The Last Five Years. Lewis’ theater credits include Candide, Therese Raquin, Love Never Dies, A Little Night Music, Spamalot and Priscilla—Queen of the Desert. Under the direction of Phillip George, who also helms the show in New York, Forbidden Broadway will feature music direction by Joel Fram, costumes by Morgan Large and sound design by Gareth Owen. View Commentscenter_img Anna-Jane Casey, Sophie-Louise Dann, Damian Humbley and Ben Lewis will star in the previously announced London return of Gerard Alessandrini’s Forbidden Broadway. New York’s longest-running comedy revue will feature takes on productions from both Broadway and the West End, including The Book of Mormon, Once, Matilda, Wicked and Miss Saigon. Performances begin June 19 prior to a July 2 opening night at the Menier Chocolate Factory. The show will play through August 16.last_img read more

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30 Dec
2020

Power of the Peak

first_imgI spent last week trekking across big, beautiful mountains, and their pull on me was powerful as ever. It prompted me to wonder: Why do we seek out mountains and, in some cases, challenge ourselves against them?I was hoping to find answers in science. Biologist E.O. Wilson argues that we’re hardwired to feel a special connection with natural systems, something he calls “biophilia.” Because of how we evolved, he says, certain natural settings can be inviting at a deep, biological level. These settings embody the “connections we subconsciously seek with the rest of life,” connections Wilson believes are literally rooted in our blood. For example, Wilson suggests that we are drawn to the African savannah because our species originated there. But this certainly doesn’t explain why mountains—which can be dangerous and forbidding, and often lack life—wield such a visceral effect on us.Next, I turned to the intersection of natural science and math, where there is longstanding evidence that humans are attracted to symmetry. This can be traced back to ancient Greek times when Plato wrote of golden ratios and shapes like rectangles were held in the highest regard. The Greeks believed in three prongs to beauty: symmetry, proportion, and harmony.Modern experiments confirm the Greeks were on to something. Numerous psychology studies show that babies are more attracted to symmetrical shapes than non-symmetrical ones, and that we rate people’s beauty based on the symmetry of their faces. Scientists hypothesize this strong preference for balance is borne out of the fact that symmetry may represent superior genetic quality and also symbolize a lack of stress during development.Mountains, however, are anything but symmetrical. If anything, their inherent asymmetry—jagged edges, undulating ridgelines, and steep pitches—is the very result of continuous stress throughout their development, including earthquakes, monsoons, and other natural disasters. If mountains were humans, they’d be disfigured and malformed, the oldest, most battered of us all.Physics was easy to cross off the list. Its fundamental force, gravity, says that what goes up must come down. Yet mountains tend to have the opposite effect, bringing what is down up, elevating the spirit and soul of those who stand below.A neuroscientist might argue that the sensation mountains elicit is related to a lack of oxygen in high-altitude air. While altitude definitely has real and formidable effects—I can attest to these effects personally—feeling drunk is different than feeling moved. Mountains continue to take our breath away long after science says it should have returned.Although science may not directly answer the question of why we are drawn to mountains, it is beginning to uncover the benefits of such a draw. Researchers from the University of California, Berkeley, found that awe may be related to good health. Experiencing awe is associated with lower levels of interleukin-6, which is a molecule that encourages inflammation. In other words, more awe is likely associated with less inflammation. Dacher Keltner, senior author on the study, told the New York Times that although awe can be hard to define, one of the emotion’s primary qualities is that it “passes the goosebumps test.”Perhaps we are drawn to mountains because they elicit awe, and awe makes us feel good. But this still does not explain why mountains inspire awe in the first place.Could it be that mountains affect us so powerfully because they are big and remind us that we are small? Especially in today’s tumult of Facebook and Twitter and customized newsfeeds and on-demand everything, it is very easy to get lost in our own little worlds—little worlds in which it is easy to feel pretty big. While there is a power to feeling big, there is an equal and perhaps even greater power to feeling small.Dasher Keltner seems to agree. He wrote that “vastness” and “self-diminishment” are typical characteristics of awe. He even called out mountains as emblematic of an “awe inspiring entity.”George Mallory, a British Mountaineer who partook in the first three expeditions on Everest (and ultimately lost his life trying to summit), famously said of why he climbed Everest, “Because it is there… Its existence is a challenge. The answer is instinctive, a part of man’s desire to conquer the universe.”But perhaps Mallory wasn’t completely correct. Yes, we want to conquer mountains, but maybe not because we long to “conquer the universe.” Rather, it could be that the act of climbing a mountain tends to have the opposite effect—not conquering the universe but connecting us to it, reminding us how vast the universe is and how small a part of it we are.last_img read more

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20 Dec
2020

Military Women Making Great Strides in Latin America

first_img Lilian Bobea, a sociologist and an expert on security and defense issues in Latin America, calls the women in U.N. peacekeeping missions “women of peace.” The U.N.’s efforts have provided women in Latin America with “a window” of opportunity in the armed forces. At least 3,332 women served among the 99,245 military and police personnel in U.N. 2010 peacekeeping missions. Women represented 3.3 percent of that total, up from 1.5 percent in 2005; within police forces, they had the strongest showing ─ 8.7 percent. Women account for roughly 4 to 7 percent of all military in Latin America, said Cecilia Mazzotta of the Buenos Aires-based Security and Defense Network of Latin America, known by its Spanish acronym RESDAL. That number is low but signifies an improvement over previous years, analysts said. Women have made their greatest advances in the air and naval branches of the armed forces. The armies of most countries have also made progress, analysts said, but not as much as the air and naval branches. Many areas of the armed forces, including combat positions, are still off limits to women. “There is a difference between the inclusion of women as participants and the inclusion of women as equals,” Mazzotta said. These differences emerge as limitations within the military, cultural differences, or both. Bueno has the same opportunity as her male counterparts to attain the rank of general, she said, but culturally women who have children are expected to stay close to home. Leaving home for days at a time is still looked down upon, she said. Women who stay close to home can maintain an administrative career, she said, but cannot become generals. Asked if she would like to become a general, she said, “For now, yes.” Maycock echoed the Colombian sentiment toward motherhood in Peru. Physical strength is a key asset in combat, she said, and “we don’t pretend to have the same strength as a man or to be able to run as fast.” Plus, she said, it’s not a good idea to put married women with children in that kind of danger. Both Bueno and Maycock are following in the footsteps of their fathers. Bueno’s father is a retired colonel from the Colombian Air Force, and Maycock’s is a retired general from the Peruvian Air Force. “I grew up in a military family,” Maycock said. “I like planes, and I like discipline.” She’s been in Haiti for nine months (as of late December). “My replacement will be a woman,” she said. “Just a few years ago, women were not considered very often for international assignments. Now, women are taken into account more frequently.” Maycock is the only woman among the 371 military personnel representing Peru in Haiti. MINUSTAH is comprised of 418 women and 11,405 men from 58 countries. Of those, Maycock said, 80 are military officers and four of the officers are woman. Maycock has gone out on patrols in addition to her work in the command center – not to provide security, she said, but to build rapport with Haitian women and children. “We send women because they have a friendlier approach with other women and the kids,” she said, adding that she enjoys getting out of the command center and into Haitian communities. “That’s a lot of fun,” she said. At the same, she said, “It’s been a difficult year….Sometimes it’s very hard to be here.” She was referring to a series of calamities that have struck the Caribbean since the beginning of last year, beginning with an earthquake that killed a quarter million people, followed months later by a cholera outbreak and flooding from Hurricane Tomas, as well as general instability in the streets and a contentious presidential election process. “In my day to day work,” she said, “I’ve come to appreciate how the international community works, how people do things from Nepal, Brazil, Sri Lanka and other parts of the world…..I’ve learned a great deal.” Maycock, who is engaged, said she plans to get married when she returns to Peru in March. She also plans to rise through the ranks, become a major, then a colonel, and raise her children. By Dialogo January 25, 2011 ‘Women of peace’center_img Colombian Air Force Capt. Maria Andrea Bueno and Peruvian Air Force Capt. Nadia Maycock have several things in common. Both are the children of military officers, both are human resources specialists, and both were among the first women admitted into the air force academies of their respective countries. Bueno was admitted in 1997; Maycock, in 1998. Both broke new ground in a setting that up until then had been off limits to women. “It was very difficult,” Maycock said, referring to the air force training. It was not only rigorous, she said, but it took a while for the 36 men in her class to get used to the four women who joined them. “When I first enrolled…, I wanted to leave, but I endured through the first two years and after that it became much easier,” she said. “I finished very well, very successfully, and I am very pleased with what I’m doing.” Maycock, who opted for an administrative career, is a human resources specialist for the Peruvian Air Force. She represents the Peruvian armed forces in MINUSTAH, the United Nations peacekeeping mission in Haiti. Bueno is a pilot and a human resources specialist for the Colombian Air Force Central Command. She’s pregnant and currently restricted to a desk job, but she’s flown combat, intelligence and transport missions, and intends to fly again when she returns from maternity leave. Bueno was one of 124 people in her class at the Colombian Air Force academy. There were 90 men and 34 women. Of the 64 who graduated, 16 were women. “The men didn’t know how to treat us,” she said. “They didn’t know what our capabilities were or if we would be able to do it. We were like pioneers.” The women demonstrated that they were just as capable as the men, she said, and today “we have the same opportunity as any man” to ascend the ranks. “We have made great strides,” she said. Several factors have contributed to the success of women in the Latin American armed forced: the democratization of much of Latin America, widespread modernization efforts, and the United Nations’ inclusion of women in U.N. peacekeeping missions. last_img read more

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18 Dec
2020

Peter Figoski Getaway Driver Acquitted

first_imgSign up for our COVID-19 newsletter to stay up-to-date on the latest coronavirus news throughout New York NYPD Officer Peter FigoskiTwo days after a North Carolina man was convicted in the slaying of a New York City police officer from West Babylon, a separate jury acquitted the man accused of driving the getaway car.Michael Velez was found not guilty on burglary and murder charges Wednesday in the death of 47-year-old NYPD Officer Peter Figoski, who was fatally shot in the face in December 2011 while investigating a burglary in Brooklyn.In his testimony, Velez told the court that he thought he was just giving the four other suspects a ride.NYPD Police Commissioner Raymond Kelly was critical of the verdict.“When juries fail to comprehend the monstrous scale of a police officer’s murder, they fail society itself,” said Kelly in a statement. “God help us if other gunmen and  their getaway drivers take comfort in these verdicts because when a police officer is murdered society at-large is struck a mortal blow. It’s shameful that the family of Peter Figoski must be crushed again by another incomprehensible verdict.”The New York City Police Benevolent Association was also clearly disappointed.“This jury did not exhibit an ounce of the courage that Peter Figoski showed time and time again during his life as a police officer,” PBA President Patrick Lynch said in a statement. “This is a devastating verdict for all police officers and for the Figoski family. We are deeply disappointed that the jury completely disregarded the role that the defendant played in the death of a brave police officer.”“While Peter’s tragic death brought our city together,” he continued, “today, this jury let the entire city down.”Another jury Monday convicted the gunman, 28-year-old Lamont Pride, for Figoski’s murder. He was found guilty of second-degree murder, burglary and manslaughter. Prosecutors were not able to convince jurors to convict Pride on the top charge of first-degree murder.Figoski’s partner chased down and arrested Pride after he shot and killed the decorated cop and father of four.Two other suspects, 28-year-old Nelson Morales and 31-year-old Kevin Santos, have pleaded not guilty and are awaiting trial. Meanwhile, a fifth suspect, 23-year-old Ariel Tejada, pleaded guilty and will testify against the two men in exchange for a lighter sentence.last_img read more

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18 Dec
2020

Freeport Duo Charged With Attempted Murder

first_imgSign up for our COVID-19 newsletter to stay up-to-date on the latest coronavirus news throughout New York Two men have been arrested for shooting and seriously wounding a 23-year-old man in the suspects’ hometown of Freeport last month, Nassau County police said.James Tobin, 23, and 20-year-old Ali Jones were each charged with second-degree attempted murder.Police said the two men shot the victim in the abdomen on Randall Avenue near Wallace Street at 1:10 p.m. Tuesday, Feb. 4.The victim was treated for his injuries at a nearby hospital.Investigators found four .380 caliber shell casings at the scene and a fifth shell casing found in the victim’s clothing.First Squad detectives alleged that the duo “intended to cause the death of the victim,” they said in a news release.Tobin was arrested a day after the shooting and was ordered held without bail. Jones was apprehended this week and will be arraigned Friday at First District Court in Hempstead.last_img read more

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18 Dec
2020

Let’s hope the regulation is worth it

first_imgI’m sure that “the regulation” needs little, if any, further definition. Just as “the drive” in Super Bowl annals will always be associated with John Elway and the Denver Broncos, “the regulation” is a good candidate to forever be associated with the Department of Labor and its fiduciary definition package of final regulations and exemptions.  This guidance has been that big.Big, of course, can mean a couple of things.  In terms of length in its Federal Register-published version – or any version, for that matter – the guidance is certainly big.  It fills more printed pages than any other in my 31 years in the retirement industry.  In terms of its potential impact on the way advisors do business with retirement investors, it is certainly big.  While notably improved over the proposed regulations, the final regulations are likely to be just as demanding in terms of the analysis required to comprehend what it all means, and configure operations and administration in order to comply.These DOL regulations contain a Regulatory Impact Analysis that attempts to quantify in dollars-and-cents terms the effort – translated into cost – that will be required to comply.  Notably, the costs being accounted for – whether or not they are reasonably accurate – measure chiefly those costs incurred by individuals and organizations involved in the advising relationship.  The brokerage, the mutual fund company, insurance company, street corner bank or credit union, and their employees or affiliates, are theoretically taken into account in this assessment of effort and cost. continue reading » 2SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img read more

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17 Dec
2020

Financial marketers see pros and cons in marketing’s changed role

first_img continue reading » ShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr Banking is undergoing some of the most sweeping changes in its history and financial marketers are in the thick of it. The challenges their institutions face from fast-moving, tech-savvy competitors are putting enormous pressure on Marketing.At the same time, technology is providing greatly enhanced marketing tools and many more options. Used effectively, these can enable bank and credit union marketing executives to accomplish more and be far more precise and accountable in what they deliver. This is helping to raise the profile of a discipline that used to be considered more art than science.“Marketing is completely different now,” says Steve Hildebrand, SVP Marketing, Freedom First Credit Union, Roanoke, Va. “Marketers have to be scientists, innovators and creators. We need to be well versed in psychology and technology. We need a mathematics degree and an English degree. We need to innovate and cultivate.”last_img read more

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8 Dec
2020

Binghamton University shares testing plans after colleges across the nation grapple with COVID-19

first_img“That’s just a randomize sampling. If we can hopefully identify anyone with COVID, we can remove them and place them into isolation housing,” said Hubeny. While staff and students will be tested randomly, or if they show symptoms, the school is taking one extra step in hopes of monitoring any potential cases on campus. While there is not much oversight on ensuring everyone is completing the form, the school says they’re doing other methods of testing. At Cornell University, students are being tested twice a week. Binghamton University says they are averaging about 200 tests a day, or 1,000 a week. For more information on Binghamton University’s COVID-19 count, you can visit their COVID-19 Testing Data Dashboard. (WBNG) — While some colleges have dozens, or even hundreds of COVID-19 cases, Binghamton University is only reporting two positive cases since September 2nd. “The expectation is they will do that. There is no real good enforcement mechanism, but yes, the expectation is that it will be filled out,” said Hubeny. “We’re starting with a simple screening tool of every member of our community, from staff, students, and faculty,” said Office of Emergency Management Executive Director Dave Hubeny. Testing the waste water will allow the school to locate specific locations as to where the virus could spread. “Passively, we’re also testing waste water. We’ve been doing this for several weeks now,” said Hubeny. “Before students got back, we were able to test to get a baseline so we have something to compare it to.” Every university has come up with their own plan to battle COVID-19, but for Binghamton University, they are focusing on surveillance testing. Tuesday, Governor Andrew Cuomo announced schools with more than 100 positive cases will be required to report to the state’s department of health. As schools continue to monitor for COVID-19, Binghamton University is also looking to SUNY for guidance on the next steps. “We work in partnership with the Broome County Health Department, with our own internal health services, and obviously with the SUNY system administration. We’ll adjust our testing if there is a need,” said Hubeny. Of the approximately 18,000 enrolled students, only 5,800 live on campus this semester. Each student was required to test upon arrival, and if testing negative, they were allowed to move in. Now, students and staff are required to complete a form every day, describing if they have any symptoms of illness. last_img read more

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18 Nov
2020

Exhibition of Croatian mountains in the European Parliament

first_imgWith the desire and intention to present the beauties of the Croatian mountains to the European public, it was officially opened on Monday, June 19 at the seat of the European Parliament in Brussels. photo exhibition “Via Dinarica – a path that naturally connects”.The initiator of the presentation of the potential of Croatian mountain tourism and mountaineering in the European Parliament is MP Davor Škrlec in cooperation with the Association Via Dinarica Croatia. It’s Via Dinarica international project connecting mountains and people in the Dinaric Mountains into a single longitudinal hiking trail. The 1362 km long road leads from Slovenia to Albania, visiting the most attractive mountains and peaks of the Dinaric Mountains. On this whole long journey, the mountaineering infrastructure in the Croatian mountains is the best example and example to neighboring countries.The opening was attended by hundreds of people, including many mountaineers, representatives of the Croatian Mountaineering Association and the Croatian Mountain Rescue Service, representatives of development agencies, directors of national parks and nature parks and representatives of institutions that supported the event – Ministry of Tourism, Croatian National Tourist Board and Croatian Chamber of Commerce. They presented their products domestic family farms – producers of prosciutto, cheese, honey, desserts, medicinal herbs and liqueurs from the Via Dinarica route. It is shown in the exhibition 80 photos, and after Brussels, it is planned to set up an exhibition at various locations in Croatia.”Due to exceptional achievements in the development of active tourism, sustainable development of mountain areas and regional networking of people in the Dinaric Alps, I nominated the Via Dinarica project for this year’s European Citizen Award given by the European Parliament. The goals of the project are sustainable development of mountain tourism, stopping the emigration of mountain areas, promotion and preservation of the natural heritage of the Dinarides and support for people living in mountain areas to continue traditional activities and offer tourists indigenous products. The Dinarides in Croatia touch the Adriatic coast, so the project includes connecting mountain tourism with the offer of the Croatian coast. Via Dinarica’s development activities are not focused on the development of mass tourism, but on connecting existing and new potentials into a functional whole, in accordance with the concept of the UN Year of Sustainable Tourism. Said SkrlecThe beauties of the Croatian mountains and the entire Dinaric Mountains and their tourist and mountaineering potentials were additionally presented on June 20 at conference in the European Parliament Davor Škrlec, Via Dinarica project manager in Croatia Alan Čaplar, Via Dinarica project manager in BiH Kenan Muftić, Ministry of Tourism delegate Vesna Rajković, President of the Family Tourism Association of the Croatian Chamber of Commerce Nedo Pinezić, Secretary General of the Croatian Mountaineering Association Darko Berljak spoke. Zlatko Marasović, a representative of the Paklenica Public Institution, and Dorijan Klasnić, the head of the HPS Guide Service. ” Via Dinarica contributes to strengthening ties between the peoples living in the Dinaric Alps, especially between Croatia, Slovenia and Bosnia and Herzegovina. Through partnership in the initiative for the establishment of the Via Dinarica road, a strong European connection between nations has been achieved and there is a constant exchange of experiences in managing the potential of mountain areas and the culture of tolerant coexistence.. ” concluded Skrlec.Krk prosciutto first with EU markTo remind you, Krk prosciutto is the first Croatian product to receive the EU designation of protected geographical origin. It was 14.4. 2015. After two years, members of the EU Parliament and esteemed guests will have the opportunity to taste the first specialty from Croatia, which they marked with this prestigious and binding quality label.”The Via Dinarica project undoubtedly has great potential, and the achieved results indicate that valuable achievements are achieved primarily on the basis of quality and coordinated engagement and regional cooperation. The presentation of Croatian mountains, mountaineering and mountain tourism in the European Parliament, as well as the nomination of the Via Dinarica project for the European Citizen Award, is certainly a valuable contribution to the popularization of mountaineering in Croatia and a sign that the values ​​created by at the highest European level. In the past five years, the entire Via Dinarica route through Croatia has been traced, in the length of 2000 kilometers. The entire trip to Croatia is shown in detail on the web platforms outdooractive.com, and viadinarica.com detailed texts in Croatian, English and German, with a quality map and advanced search capabilities. Via Dinarica is available on the central Croatian tourist portal croatia.hr in 12 languages ​​and in promotional brochures of the Croatian National Tourist Board. In this way, for the first time, our mountains and mountaineering opportunities are systematically presented to the widest world public as part of the overall Croatian tourist offer. The effects of this are visible in the increase in visits to our Dinaric mountains. ” – said Alan Čaplar, president of the Association Via Dinarica Croatia.The two-day event ended with a meeting at the Croatian Chamber of Commerce in Brussels, entitled “Potentials of Via Dinarica”. The aim of this presentation was to connect businessmen, primarily travel agencies from Croatia with agencies from the Benelux countries. At the ceremony, local producers from the Dinaric Alps also presented themselves to the gathered businessmen and journalists, and it was agreed that a study trip would be organized for representatives of Belgian and Dutch tourist agencies and journalists in the Croatian mountains during the autumn.More informationVia Dinarica is a longitudinal hiking trail intended for hikers, cyclists and other excursionists who visit the Dinarides as tourists, but also support service providers in rural and less developed areas. In Croatia, Via Dinarica has a total 57 stages, and includes 6 national parks, 4 nature parks, two strict nature reserves and numerous attractive Croatian landscapes. Respectable tourist magazine “Outdoor” declared Via Dinarica the best new hiking trail in the world, and the trail was also presented at Lonely Planet i National Geographic. According to the selection of National Geographic Travel magazine, Via Dinarica was named one of the 10 best destinations in the world for outdoor activities in 2017. One of the basic goals of Via Dinarica is to promote the local economy and thus bring tourists closer to local food, accommodation, various services and the like. The Via Dinarica project was initiated by the United Nations Development Program (UNDP), and due to the closure of the UNDP office in Croatia, the project activities were continued by the specialized Association Via Dinarica Croatia.last_img read more

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19 Oct
2020

Kresna Graha Investama to conserve cash, expand into new ventures

first_imgPublicly listed holding company PT Kresna Graha Investama has stated that it is working to ensure profitability by looking for businesses with good growth potential and good quality as it ventures into new business sectors.“We’re shying away from a cash burning strategy,” Kresna Graha Investama business analyst and investor relations group head Stanley Tjiandra said during a virtual shareholders’ meeting on Friday. The company, which focuses on finance, investment and technology, has been transitioning into the digital space since 2015. It is now the parent company of payment gateway PT M Cash Integrasi, digital exchange platform PT NFC Indonesia and cloud advertising company PT Digital Mediatama Maxima, among other digital firms.  Kresna Biotech Ventures is also planning to invest funds in San Diego-based biotech company, Samumed, which focuses on research and development for tissue-level regeneration technology.However, PT Kresna Graha Investama saw its net profit slump last year as it expanded its business into new fields.Its net profit in 2019 fell by 57.1 percent to Rp 216.1 billion from the Rp 503.5 billion it had booked in 2018. It reported that its returns from the finance and investment sector saw a notable decline, while it booked growth on the technology and digital front. From the Rp 11.62 trillion the company booked in revenue last year, Rp 11.1 trillion came from the technology and digital front, or about 95.5 percent of the company’s total revenue, higher in than the 88.2 percent contribution in the previous year. Kresna Graha Investama’s share prices, traded on the Indonesia Stock Exchange (IDX) under the stock symbol KREN, had jumped almost 26 percent to Rp 97 as of 12:16 p.m. Jakarta time on Wednesday. The stocks have lost more than 83 percent in the last year, Bloomberg data shows.Michael said the company’s share prices were not a reflection of the company’s fundamentals but were rather affected by the ongoing global crisis as well as the Jiwasraya scandal which had sent a ripple through the financial industry. On March 23, the company released a statement that it was going to buy back its shares to “help stabilize the price in volatile market conditions”. The buyback is being held for a period of three months from March 24 to June 24. The company has limited the shares’ purchase price at a cap of Rp 515 per share.Topics : Its shift to new industries has been largely rewarded, as most of its subsidiaries operating in the digital space saw a surge in profit last year.PT NFC Indonesia booked a profit of Rp 36 billion (US$2.53 million) in 2019, 126 percent higher than the year before. PT Digital Mediatama Maxima’s profit increased by 119 percent to Rp 17 billion, and PT Distribusi Voucher Nusantara (DIVA) recorded a 9.5-fold increase in profit to Rp 94 billion.  “We don’t want to join investments where the old economy dominates. We want to enter the new economy,” Kresna Graha Investama founder and president director Michael Steven said during the shareholders’ meeting, explaining the company’s reason for entering Indonesia’s digital economy. Last year, the company announced its plan to enter the life sciences and biotechnology space through its subsidiary, Kresna Biotech Ventures. As of December of last year, it was finalizing an investment plan with RWDC Industries, based in Singapore and the United States, whose mission is to replace single-use plastic with biodegradable materials. last_img read more

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