No stopping Seeking My Dream

first_imgBalloting for ‘Horse of the Year’ and other awards not based on statistics by a 17-member panel comprising members of the press and Caymanas Track Limited (CTL) officials, is under way and early indications are that the 2015 derby and Diamond Mile winner SEEKING MY DREAM will be crowned ‘Horse of the Year’ by unanimous acclaim. Voting will conclude tomorrow inside the CTL Racing Office at Caymanas Park.Trained by 15-time champion Wayne DaCosta for Member of Parliament Derrick Smith, SEEKING MY DREAM enjoyed a record-breaking season. He won the two richest races on the calendar – the Cal’s Jamaica Derby in June with a purse of $7 million and the inaugural running of the Supreme Ventures Diamond Mile on December 5 which offered a record purse of $13.5 million, both with the season’s leading money-winning rider Omar Walker aboard.Having finished second in the 2000 Guineas, St Leger and CTL Invitational Mile on November 14, SEEKING MY DREAM pushed his 2015 earnings to a record $14.2 million, well clear of stable-companion PERFECT NEIGHBOUR in second with $5.1 million and Superstakes winner FRANFIELD in third with $4.9 million.Bred by Sherman Clachar and Norman Gordon, the chestnut colt by Seeking The Glory out of the 2008 Triple Crown winner and Horse of the Year Alsafra was never worse than second in 10 starts last year – winning five races and finishing second in five as well.SEEKING MY DREAM should also be named champion three-year-old, champion middle-distance performer and champion native-bred horse.hoping for top awardsAs far as DaCosta is concerned, his horses should sweep the top awards. Speaking at Caymanas Park on New Year’s Day, the trainer said:”Seeking My Dream is unchallenged for Horse of the Year, having won the two biggest races on the calendar last year, while Perfect Neighbour who captured important races such as the Gold Cup and Harry Jackson Memorial Cup looks a cinch for first runner up, champion stayer and champion four-year-old and up”, he predicted.”The second runner-up award could be close between my horse Poker Star and the consistent grade-one campaigner Uppa Tune, but Poker Star is a safe bet for champion sprinter and Future King the obvious choice for champion two-year-old,, argued DaCosta.The Horse of the Year Committee will also choose the most improved trainer from a list of four nominees – Harry Parsard (30 wins), Donovan Plummer (19 wins), Marlon Anderson and Neive Graham with 17 wins each as well as most improved jockey from a list comprising Robert Halledeen (72 wins), Paul Francis (52), Shamaree Muir (43), Aaron Chatrie (38) and Jevanne Erwin (36).last_img read more

Containerships CEO Steps Down

first_imgKari-Pekka Laaksonen, the Chief Executive Officer of boxship operator Containerships, has announced his decision to resign from the position.The company’s board of directors is to meet on March 29 to find a successor for Laaksonen.Laaksonen will remain in his position until his replacement is effective.French liner CMA CGM Group is set to propose Claude Lebel, current CEO of MacAndrews Gmbh, for the role.CMA CGM earlier decided to merge Containerships and MacAndrews brands under the single Containerships brand from April 1, 2019. The French shipping major said the move would combine the two companies’ maritime and inland solutions with complementary regional footprints.CMA CGM acquired Finland-based Containerships in October 2018. The acquisition added four LNG-powered 1,400 TEU vessels to its fleet.last_img read more

15000 awarded to military families to help with holiday shopping

first_img KUSI Newsroom Posted: December 13, 2018 December 13, 2018 00:00 00:00 spaceplay / pause qunload | stop ffullscreenshift + ←→slower / faster ↑↓volume mmute ←→seek  . seek to previous 12… 6 seek to 10%, 20% … 60% XColor SettingsAaAaAaAaTextBackgroundOpacity SettingsTextOpaqueSemi-TransparentBackgroundSemi-TransparentOpaqueTransparentFont SettingsSize||TypeSerif MonospaceSerifSans Serif MonospaceSans SerifCasualCursiveSmallCapsResetSave SettingsSAN DIEGO (KUSI)- The Armed Services, YMCA and the East County Posse, a non-profit organization, teamed up to give away $15,000 to military families to help with holiday shopping needs.Thirty local families were awarded gift cards of $500 each.They have partnered together for over five years and have given away about $60,ooo over that time period. $15,000 awarded to military families to help with holiday shopping KUSI Newsroom, Categories: Local San Diego News FacebookTwitterlast_img read more

Real Estate in Union budget 2017 5 expectations that govt should address

first_imgReal estate sector is one of the major contributors to the GDP of India, but it has suffered badly in the financial year 2016-17 and it is desperately waiting for the attention of the union government.The Real estate sector was hit badly by the introduction of the Real Estate Regulatory Act (RERA) in the first quarter of the financial year. When it was struggling to recover, demonetisation caused another major damage to it in the third quarter. The industry is finding it hard to overcome the downswing period with both buyers and constructors facing several problems including cash crunch.The union government needs to take some serious decisions in its budget 2017-18 to boost the confidence of the real estate sector. It is expected to work on encouraging buyers and also controlling falling prices. Here are five expectations of the real estate sector that the union budget 2017-18 must address.1 Relaxation in income tax rate: The current limit of tax deduction limit is Rs 2 lakh, which is insignificant, when looked at in the context of prices of houses in metropolitan cities. The price of a house starts from Rs 1 crore in cities like Mumbai and buyers have to pay huge amount of money in the name of repayment of loan every year. Hence, the tax exemption limit should be increased at least by Rs 1 lakh. The government should also introduce tax concessions on house insurance premiums, which will encourage buyers to insure their homes.2 Raise HRA deduction limit for self-employed persons:Salaried persons get house rent allowance (HRA) as a component of their salary, and they can claim a deduction for the same. But self-employed persons and people who draw lump sum can only claim a maximum deduction of Rs 2,000 a month under Section 80GG. This issue should be addressed in the union budget 2017.3 Policies to standardise construction materials:The increase in the prices of cement and other construction materials is impacting the cost of housing. In Union Budget 2017, the government should announce policies on standardisation of major construction material. It should also work on the tax clarity on REITs and make it viable, which will ease the investment options.4 Single window clearance:The real estate sector needs various government approvals to its projects, but the bureaucratic process is delaying delivery of homes. There has been a long standing demand for a single window clearance to stop bureaucratic delays. If the government brings this system, it would boost the real estate sector in a big way.5 Industry status for real estate sector:The real estate sector, which contributes to over 15% of the GDP of India, is granted with infrastructure status. But giving it an industry status would boost this sector and help it deliver homes faster. This status would avoid the delay in the delivery caused by high interest rates, unavailability of funds and stringent evaluation process.These above mentioned reforms will give momentum to the real estate sector, which has been struggling since July 2016, and with the reforms, this sector will make remarkable progress in 2017.last_img read more

Texas House Elects Dennis Bonnen As New Speaker

first_imgJorge Sanhueza-Lyon/KUTDennis Bonnen (R-Angleton), the CEO of Heritage Bank in Pearland, has been elected speaker of the Texas House.Dennis Bonnen (R-Angleton) is the new speaker of the Texas House. The 150-member body selected him 147-0 shortly after being sworn in for the 2019 legislative session Tuesday.Bonnen told lawmakers the agenda of the House is up to the House.“My job is simple,” he said. “I’ll bring passionate people to the table, then keep you in the room until we find a solution.”During the nomination process, a bipartisan list of House members spoke of their hopes and expectations from a Bonnen speakership. Most focused on how they believe he will work to bring together a body that has become bitterly partisan in recent years.Bonnen will announce his top bills for the session in the coming days, but he’s already made it clear public school finance and property taxes are his top priorities for the legislative session.“These are complicated issues that can no longer wait,” he said Tuesday, “pressing issues that deserve meaningful results.”He also listed several issues related to Texas children – early childhood education, improving the Child Protective Services system, addressing mental health and school safety – as priorities.“This House is the possession of all Texans and it is our privilege to serve all of them with a passion, pride and a willingness to put that common good above all else,” he said.Bonnen replaces retired state Rep. Joe Straus (R-San Antonio). Straus, who served as speaker for the last decade, announced his retirement in October 2017.Several lawmakers announced plans to run for speaker soon after Straus announced he would leave the Legislature; Bonnen was not one of them. He publicly announced his intention to run at the end of October 2018. Less than two weeks later, he held a press conference to reveal he had the votes needed to win the race.Bonnen was first elected to the Legislature in 1996; this will be his 12th term in office. Away from Austin, Bonnen is the chief executive officer of Heritage Bank in Pearland.This article was originally published on Sharelast_img read more

More bad news on China foreign trade slides 97

first_imgChina on Tuesday said that its foreign trade in August decreased 9.7 per cent year on year to about $320.8 billion amid rising concerns over the record drop of $93.9 billion in the Communist giant’s foreign exchange reserves last month. The latest data released by General Administration of Customs (GAC) shows that while exports fell 6.1 per cent year on year to 1.2 trillion yuan, compared with an 8.9 per cent drop in July, the imports slumped 14.3 per cent to 836.1 billion yuan, compared with July’s decrease of 8.6 per cent. Also Read – Punjab & Sind Bank cuts MCLR by up to 20 basis pointsThe trade surplus expanded by 20.1 per cent to 368 billion yuan in August. In the first eight months of 2015, foreign trade slipped 7.7 per cent year on year to 15.67 trillion yuan, the GAC figures showed. Exports dipped 1.6 per cent to 8.95 trillion yuan in the January-August period, while imports fell 14.6 per cent to 6.72 trillion yuan. Analysts said that the recent nearly four per cent devaluation of Yuan also helped to push up the value of exports from China, world’s largest trading nation. Qu Hongbin, chief China economist at HSBC, attributed the slump in export growth mainly to sluggish external demand, especially exports to the European Union (EU) and Japan.  Also Read – ‘The great gold bull market has begun’Meanwhile, China’s foreign exchange reserves fell for the fourth straight month to $3.56 trillion in August, down by a record $93.9 billion from the previous month. China, the holder of world’s largest forex reserves $3,771,347 millions, has accrued its massive foreign exchange reserves by its successful exports in the past few decades. About $1.20 trillion of forex reserves were saved in American bonds. The current foreign exchange reserves mirrored a sluggish foreign trade, said Tan Yaling, dean of the Beijing-based China Forex Investment Research Institute. “The yuan began to fluctuate in August, and is not the reason for the depletion in reserves since May,” she said. On August 11, the central bank devalued the yuan by about 2 per cent against the dollar, the biggest one-day currency devaluation in two decades. Dividend tax rules eased to boost marketsChinese investors holding a stock for more than one year would be exempted from a 5-per cent dividend tax from Tuesday, a move aimed at boosting long-term investment following recent stock market collapse in the world’s second biggest economy. Those who have held a stock for one month or less will have to pay 20 per cent of the dividend they receive as income tax when they sell the stock, the government said today.People who have held a stock for over one month to one year will have to pay a 10 per cent dividend tax when they sell the stock, state-run Xinhua news agency reported.last_img read more