The taxi market is finally liberalizing

first_imgAccording to the proposal of the new law on road transport, the taxi market will be further liberalized, transport will be able to be ordered through the application, the restriction on the number of taxi permits will be abolished, and the price of services will be determined by carriers themselves.The bill is going into public debate from December 01, the debate will last a month, and it should be passed by the beginning of the next tourist season, ie around Easter next year, the ministry said, which estimates that it will undoubtedly provoke many reactions in the current taxi carriers which fundamentally change the way of doing business.The market is the best regulator, while the monopoly stifles entrepreneurship. The best regulator is the free market, the struggle of supply and demand, and price and quality.And there are always consumers to gain, because with the free market and competition we have the right to choose, a diverse offer and quality is raised as well as the price of a service or product is reduced. Then we can choose what suits us and our worldview. But the most important thing is that the market is only regulated because the market is the only first proof of success.As in everything, and so in this case, with the opening of the taxi market there was an increase in choice and different offers, lower prices, increase in the quality of transport services and most importantly increase the use of taxi services. Today we can choose whether we want more expensive or cheaper transport, we want ecological transport – we choose according to our capabilities and worldview. The market works, and the best are rewarded, while the worst, as in everything, are the least happy. There are two choices: Either raise the quality of service and learn in fair market competition like millions of other companies or retire. There is no third choice.The fight of the old monopolists of taxi transport against the competition and Uber is great, it means that they care, but not in this form as before, and especially not by violence and closing the streets with an argument because they don’t have that much work anymore. And who asks everyone else who struggles in the market every day to survive? A struggle that the former monopolists have long since lost, but are not yet aware of.Do we want a monopoly of one or a free market? This is a key issue, because looking from the perspective of taxi drivers who are fighting against the modern world and technology, then the former owners of video stores, as well as everyone else whose profession and profession has been replaced by technology, can rightly protest. The market is the best regulator, and the winners are always consumers.The new law will increase the number of taxi drivers in Croatia, because the current around 3.000 is certainly not enough for Croatia as a tourist country Thus, according to the new Act, carriers will choose the means they will use to charge for the ride, a taximeter or an electronic application. The ministry says that in the 21st century they could not go to the principle of prohibition, but also that public opinion polls showed that 85 percent of respondents voted for the application.It is estimated that the liberalization of the taxi market will at least double the number of taxi drivers, which is now around 3.000, which is too little for Croatia as a tourist country. Also, it is expected that the application of the new law will reduce the cost of taxi services, but also how to improve the quality of service, and a fair market competition will be opened where each carrier will find its niche business in accordance with its business policy.Future taxi drivers who do not have valid licenses will have to be at least 21 years old and have a good reputation, which means that they will not be able to taxi if they have been legally fined or if they have paid fines in excess of HRK 25.000 in the last two years. The future ordinance will also prescribe the age of taxi vehicles, and existing taxi drivers with their licenses can operate for another five years. A new initial driver qualification is also being introduced which will only be for taxis. Future taxi drivers will take a theoretical exam, and the obligation of a three-year vocational school will be abolished.The novelty is that local self-government units will have to issue licenses for performing taxi services in their area to all license holders, and not, as before, only to those from their area. This means that someone from continental Croatia will be able to legally taxi along the coast. The price of the permit may not exceed 10 percent of the monthly net salary in the area of ​​the local self-government unit that issues the permit. The news is that taxi drivers who, for example, transport passengers from Zagreb to Velika Gorica, will be able to pick up a new passenger there as well.<br />
<a href=”″ target=”_blank”><br />
<img src=”″ border=0 width=1280 height=200></a><br />
last_img read more

Bidders line up for 200 acre Herts rail freight scheme

first_imgTo access this article REGISTER NOWWould you like print copies, app and digital replica access too? SUBSCRIBE for as little as £5 per week. Would you like to read more?Register for free to finish this article.Sign up now for the following benefits:Four FREE articles of your choice per monthBreaking news, comment and analysis from industry experts as it happensChoose from our portfolio of email newsletterslast_img

Jiwasraya’s losses from investing in questionable stocks estimated to reach Rp 13t

first_imgState-owned insurer PT Asuransi Jiwasraya has claimed that the losses it suffered from investing in several questionable stocks exceed those of social insurer Asuransi Sosial Angkatan Bersenjata Republik Indonesia (Asabri).Jiwasraya president director Hexana Tri Sasongko estimated on Wednesday that the insurer suffered a loss of Rp 13 trillion (US$ 949.65 million) from its investments in stocks of companies affiliated with businessmen Heru Hidayat and Benny Tjokrosaputro.Both businessmen have been named suspects and detained by the Attorney General’s Office (AGO) in the Jiwasraya corruption case. “The majority of our investment in stocks and equity mutual funds has been impaired and decreased our investment value,” he told the press after a hearing with House of Representatives’ Commission VI overseeing state-owned companies and trade, in Jakarta.He added that the total losses the company suffered from investing in the two businessmen’s companies’ stocks were still being audited by the Supreme Audit Agency (BPK).The alleged investment mismanagement in Jiwasraya has been investigated for corruption after the insurer failed to pay out more than Rp 16 trillion in matured insurance policies as of January to its customers. The AGO has named five suspects, including two of Jiwasraya’s former executives, in the case.In the meantime, Asabri claimed that its losses from investing in similar stocks could reach Rp 11.4 trillion, higher than its previous claim of Rp 10.9 trillion last month.President director Sonny Widjaja said the insurer, which handles the social insurance and pension funds for the National Police, the Indonesian Military and employees of the Defense Ministry, had secured a commitment from both businessmen to compensate for the losses.“We will utilize the police force to collect the money [from Heru and Benny] because we don’t have the authority to take away their assets,” he said during the hearing. Topics :last_img read more

Governor Wolf Opposes Voucher Plan That Would Cut Public School Funding

first_img Education,  Press Release,  Statement Harrisburg, PA – Governor Tom Wolf today spoke out against Senate Bill 2, which would siphon scarce resources from public schools, according to the Pennsylvania School Boards Association, and direct those funds to private schools.Governor Wolf’s full statement:“I have fought to protect public education and restore the state funding cut from our public schools under the previous administration. Senate Bill 2 would take us backwards and could mean many millions of dollars being cut from public schools. We need to invest in Pennsylvania’s public schools and improve education for all students. Every child deserves a quality education, no matter where they live.“Senate Bill 2 would set up schools to fail and we cannot accept that as adequate for any of our children. I urge the full Senate to reject this measure and let’s focus on giving our schools, students, teachers, and administrators the tools and resources that they need to succeed.” SHARE Email Facebook Twitter Governor Wolf Opposes Voucher Plan That Would Cut Public School Fundingcenter_img May 22, 2018last_img read more

ABP to introduce 1% premium ‘surcharge’ to boost recovery

first_imgIn November, ABP’s board decided to reduce the cost-covering contribution for 2016 from 19.6% to 17.8%.At the time, however, it noted that a surcharge of up to 3 percentage points could be added, in the event of insufficient funding at year-end.With the additional premium component, ABP expects funding to increase to the required coverage ratio of 127.9% by 2027.The civil service scheme said the surcharge would apply, in principle, for a five-year period.If the scheme’s accountability body approves the board’s decision to raise the new premium, the surcharge is to be introduced on 1 April.ABP took pains to emphasise that a rights discount was not yet on the cards.Under the rules of the new financial assessment framework (nFTK), Dutch pension funds must apply a rights discount if their funding falls short of the required minimum of 105% for five consecutive years.Subsequent cuts can be spread across a 10-year period. The €357bn Dutch civil service pension fund ABP has announced that it is likely to introduce a 1 percentage point “surcharge” on its contribution to speed up its recovery.It said it based its decision on the scheme’s financial position at the end of December 2015, when its coverage ratio fell to 97.2%, a decrease of 1.4 percentage points relative to the previous month.ABP attributed the funding decline to disappointing returns due to volatile financial markets, and falling long-term interest rates, the criterion for discounting liabilities.In addition, new longevity estimates from Statistics Netherlands (CBS) reduced its funding level by another 0.4 percentage points, it said.last_img read more

Kelvin Grove marathon auction results in $470k profit

first_imgThere are all the features you could want in any classic Queenslander.Ms Gong wasn’t yet sure if she and her husband were going to renovate or move straight into the Queenslander, but the location of the home was one of the major drawcards.“I want my kids to go to the school in this area,” she said.According to CoreLogic data, the 888sq m property was last sold in 2003 for $620,000. Two bidders fought fiercely, resulting in a $1.09 million sale.More from newsParks and wildlife the new lust-haves post coronavirus16 hours agoNoosa’s best beachfront penthouse is about to hit the market16 hours agoThe property sold under the hammer for $1.09 million to an emotional Yujie Gong, and her defeated opponent nobly offered his congratulations.“It’s very hard to know how I feel at the moment,” Ms Gong said.“I just saw it on the website last week and I came straight away today.” The home at 17 Ballina St, Kelvin Grove, sold for $470,000 more than it was last bought for.TEARS fell at an auction yesterday as an inner-city Brisbane property sold for $470,000 more than it was purchased for 15 years ago.An intimate crowd of about 30 gathered at 9am to watch as bidders fought for the 17 Ballina St house at Kelvin Grove.An opening bid of $700,000 kicked off what would become a marathon auction, and while there were five bidders in attendance, it quickly became apparent there were two main contenders.A male bidder immediately boosted the price to $850,000, which continued to rise in $25,000 increments, before breaking down to $10,000, then finally $2000 and $1000 bids.Slow and considered bids were tensely lobbed back and forward for more than 30 minutes, before the male bidder conceded defeat, and Ray White auctioneer Philip Parker struck down the gavel.center_img The kitchen was large.Ray White Ashgrove agent Tamara Lee said the auction was a great result for the sellers.“We had five registered bidders, with two that really ended up playing tug of war,” Ms Lee said.“It exceeded the owners expectations, and was well and truly over reserve, which is a great outcome.”last_img read more

Average sale price of Gold Coast off-the-plan apartments hits new high

first_imgThe average sale price of off-the-plan apartments on the Gold Coast has hit a new high.A SHIFT from cookie-cutter units in mega towers to boutique buildings with high-end offerings is to thank for the Gold Coast’s average sale price of new apartments hitting a high. The average sale price for apartments in new projects reached $875,817 in the second quarter of this year, according to property consultant company Urbis. The quarterly Apartment Essentials report, to be released today, found the sale price eclipsed the previous high of $812,045 from the last quarter of 2014 and sets a record since Urbis began monitoring the new apartment market in 2013. Last quarter’s average sale price was $788,312. The average is taken from all off-the-plan sales in the quarter. MORE NEWS: Luxury mansion redesigned: see the before and afters MORE NEWS: The most luxurious areas to live it up in the north More from news02:37International architect Desmond Brooks selling luxury beach villa10 hours ago02:37Gold Coast property: Sovereign Islands mega mansion hits market with $16m price tag1 day agoBuyers are wanting bigger and higher quality apartments and are willing to pay.There were 153 sales of new apartments in the June quarter, a decrease from 231 notched at the start of the year, according to the report. The number of off-the-plan apartments for sale has fallen for the fourth consecutive quarter, with 2033 units on the market.“The majority of new projects being launched recently are smaller in scale than previously seen, particularly in the Southern Beaches Precinct,” Ms Campbell said. “Of the 14 developments that we expect to launch to the market before the end of the year, only one of them is greater than 100 units.” Video Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 1:46Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -1:46 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality Levels720p720pHD432p432p216p216p180p180pAutoA, selectedAudio Tracken (Main), selectedFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.This is a modal window. This modal can be closed by pressing the Escape key or activating the close button.Close Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button.PlayMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 Playback Rate1xFullscreenChoosing an apartment to invest in01:47 Marketing Projects SEQ director Kyia Anderson, who works with luxury developers including Rawcorp on their Bellevue at The Glades project, said there was a rise of downsizers and fall of investors on the Gold Coast. “The days of the cookie-cutter sky towers with tiny apartments and no parking, targeted at foreign investors, are officially over,” she said. “Investors were okay with smaller apartments at a lower price if it meant a higher gross rental yield and return on investment because they weren’t living in the shoebox.“A wave of downsizers are sending developers into the ‘flight to quality’ by demanding blue-chip site locations, much larger apartments, more parking, higher quality finishes and more amenity. Sydney-based developer Ralan Group collapsed recently and added uncertainty into the new apartment market. Picture: Jerad WilliamsMs Anderson said new apartment buyers had become more wary since the recent collapse of Ralan Group, where hundreds of people risk losing their deposits for apartments at Ruby Collection as a result of some purchasers electing to release deposits through a side agreement.She said research was key and the issue was a “completely separate matter to a normal off-the-plan purchase”. “If it was just the fact that they signed an off-the-plan contract and then the developer went bankrupt, the buyers would have received their deposit moneys back on or before the contracts sunset clause, or there could have been other possibilities with the site proceeding by other means,” she said. Rawcorp’s new apartment project Bellevue at The Glades, Robina, is a development catering to buyer appetite for boutique offerings.Urbis senior consultant Lynda Campbell said the increase in price was driven by premium apartments selling to owner occupiers who were willing to splash big bucks. “It’s a reflection of the product that is selling, the boutique apartments are big and have a higher price tag,” she said. “The owner-occupiers are quite particular about what they want and are willing to pay more to get what they want. “I don’t think it (the average sale price) will go to some astronomical figure, but I think it will continue to rise while there’s that thirst for the boutique-style apartment.” last_img read more

EMGS scores new data licensing deal, gets final verdict in tax claim in Brazil

first_imgThe Norwegian offshore survey company EMGS has signed an $8 million multi-client contract with an undisclosed company. EMGS has also received a final verdict related to a Municipal Services Tax claim in Brazil.Illustration; One of EMGS’ vessels; Source: EMGSEMGS said on Monday that the customer would license certain data from EMGS’ existing EM multi-client library in Norway and settled future potential uplift obligations towards the company for certain multi-client data already licensed by the client.According to the company, the contract also includes several user licenses to EMGS’ proprietary EMU and SBLwiz software and prepayment for consulting services.The company expects that the full contract value will be recognized in the fourth quarter of 2019.In a separate statement on Monday, EMGS stated that it was involved in litigation related to a municipal services tax claim in Brazil.Namely, EMGS was involved in a tax dispute with the City of Rio de Janeiro. The case involved the applicability of ISS (a municipal service tax). The entire claim amount of 3 008 had been placed in a judicial deposit to avoid interest and penalties.The company said on Monday that it had previously deposited the disputed amount into a judicial escrow account in Brazil.The Brazilian courts issued a final verdict in EMGS’ favor, and the escrowed amount, including accrued interest, has been released to the company.The release will, following payment of legal fees and certain tax costs related to the released amount, increase the company’s free cash position by $3.7 million.At the same time, the non-current restricted cash position will be reduced to zero.Offshore Energy Today StaffSpotted a typo? Have something more to add to the story? Maybe a nice photo? Contact our editorial team via email. Also, if you’re interested in showcasing your company, product or technology on Offshore Energy Today, please contact us via our advertising form where you can also see our media kit.last_img read more

US Ebola patient dies in hospital

first_img Sharing is caring! HealthInternationalLifestylePrint US Ebola patient dies in hospital by: – October 8, 2014 Share Mr Duncan, shown here at a 2011 wedding in GhanaThe first person to be diagnosed with Ebola within the US has died, Texas hospital officials have said.Thomas Eric Duncan, who caught the virus in his native Liberia, was being kept in isolation in a Dallas hospital and receiving experimental drugs.Earlier the US announced new security procedures at entry points to check travellers for symptoms of the virus.More than 3,000 people have died and 7,500 infected, mostly in West Africa, in the worst Ebola outbreak yet.“It is with profound sadness and heartfelt disappointment that we must inform you of the death of Thomas Eric Duncan this morning at 7:51 am,” a spokesman said in a statement.The news came shortly after US Secretary of State John Kerry urged all nations to boost their response to combat the virus.“More countries can and must step up,” he said in a joint press conference with his British counterpart Philip Hammond.Teresa Romero Ramos, the Spanish nurse who is the first case of human-to-human Ebola contagion in Europe (file picture)Spanish nurse Teresa Romero Ramos is in quarantine after being infected in MadridThe US has pledged as many as 4,000 troops to the region, while the UK is sending 750 military personnel to Sierra Leone.Duncan, who worked as a driver for a courier company, tested positive in Dallas, Texas, on 30 September, 10 days after arriving on a flight from Monrovia via Brussels.He become ill a few days after arriving in the US but after going to hospital and telling them he had been to Liberia he was sent home with antibiotics.Four days later, he was placed in isolation and given an experimental drug to treat Ebola, but his condition continued to worsen.Ten people he came into contact with are being monitored for symptoms.Following Duncan’s diagnosis, the first case of contagion outside that continent was confirmed in Spain, where a nurse who treated an Ebola victim in Madrid contracted the virus herself.Ebola spreads through contact with the bodily fluids of someone who has the virus and the only way to stop an outbreak is to isolate those who are infected.Earlier on Wednesday, US officials announced travellers from Ebola-affected countries will face increased security scrutiny at American airports.The Department of Homeland Security has ordered agents at airports and other ports to “observe” arrivals for potential signs of Ebola infection.The new security measures, rolled out by the Transportation Security Administration, will reportedly take effect this weekend or early next week.While Duncan was the first person to be diagnosed within the US, three American aid workers and a photojournalist contracted the virus in Liberia.BBC News Sharecenter_img 118 Views   no discussions Share Tweetlast_img read more

Beautification and cleanliness are major priority areas for tourism sector

first_img Share Share Share LocalNews Beautification and cleanliness are major priority areas for tourism sector by: – May 1, 2012 Tweetcenter_img 257 Views   no discussions Sharing is caring! Hon. Ian Douglas (file photo)For several years, Dominica has been marketed regionally as the “Nature Isle of the Caribbean” and of late internationally as the “Nature Island of the World” by officials within the Ministry of Tourism.In spite of this marketing tag line, littering has become a growing and startling trend which tourism stakeholders say could potentially damage the thriving industry.Tourism Minister Ian Douglas at a Tourism Awards Ceremony on Monday evening highlighted the pertinence of the tourism industry, making particular reference to the vast natural resources which Dominica is home to.The minister who reassured the tourism stakeholders gathered at the awards ceremony reiterated his government’s commitment to supporting and facilitating the development of the sector, however he emphasized the need for the public to protect the environment.“The tourism product of Dominica is very dependent on our abundance of natural attributes; sustainable tourism as we know is based on the environment and on natural resources”.Because sustainable tourism is heavily dependent on the environment and natural resources the minister called on citizens to ensure that they maintain an unpolluted and unblemished environment. “We therefore need to continue to emphasize that firstly, we as Dominicans respect and protect our environment; this respect must be engrained in the beliefs of our lives and that of our children. The drive to clean up and beautify the environment must be accelerated and sustained”.Douglas further called on citizens to get “actively involved in the protection of the environment” and also outlined a few ways in which this could be achieved through involvement in beautifying and cleaning their immediate surroundings and communities through participation in the tidy village competition and the Adopt-A-Block program.He also called on schools, the Cardet Corps and Scout Troupes to organize “a beautification drive” and “make cleanup and beautification part of their routine activities”.According to him, if citizens do not “ensure that our environment lives up to the reputation of being the Nature Island of the World then we could undermine all our efforts at taking advantage of the economic opportunities which will accrue as a result. We could undermine all our efforts at marketing our country as the most eco-friendly destination in the world if we do not actively assist the police in keeping our destination safe and peaceful for residents and visitors alike”.Douglas also called on citizens to make safety and security “part of our reputation” as this responsibility should not be restricted to law enforcement officials.Although he alluded to the many challenges which the tourism industry faces, he noted that “giving up is not an option” but that they should be faced “together with purpose and with resolve”. “As we celebrate another Tourism Awareness Month, let us be mindful that our fortunes are inextricably linked and entwined. We can choose to swim together or we will sink one after the other”, he concluded. Dominica Vibes Newslast_img read more