Two still in race for St Katharine’s Dock

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State-owned banks disburse nearly $3 billion in working capital loans using govt funding

first_img“This seems to be supported by the fact that interest in new loans increased in July, a month after the government made the funds available on June 25,” he said during a webinar organized by the Institute of Development on Economics and Finance (Indef).Read also: State banks to disburse $6.32b in loans to help businesses recover from COVID-19 hitThe provision of the funding is part of the government’s stimulus worth Rp 695.2 trillion to strengthen the healthcare system and bolster the economy. The funds are supposed to help bank liquidity and stimulate credit growth, as banks conduct credit-restructuring for micro, small and medium enterprises (MSMEs), while business players can use the loans to support expansion plans during the pandemic.The Indonesian economy grew 2.97 percent in the first quarter of this year, the slowest in 19 years. The government expects the economy to shrink by up to 5.08 percent in the second quarter as the outbreak paralyzes business activity. State-owned banks have collectively disbursed Rp 43.5 trillion (US$2.99 billion) in working capital loans using funding provided by the government, deputy State-Owned Enterprises (SOEs) minister Kartika “Tiko” Wirjoatmodjo has said.Tiko said on Tuesday the loans were disbursed to 518,797 borrowers as of July 22.The figure was equal to 145 percent of the total Rp 30 trillion provided by the government in June, which was intended to be channeled as loans to shield businesses from the impact of the COVID-19 pandemic. Tiko went on to say that Bank Rakyat Indonesia (BRI) had disbursed Rp 21.21 trillion, while Bank Mandiri had disbursed Rp 14.93 trillion in loans. Those figures were higher than the government’s fund placement of Rp 10 trillion in each bank.Read also: Banks ask OJK to extend debt relief program amid mounting COVID-19 casesBank Negara Indonesia (BNI) also managed to disburse Rp 6.04 trillion from the Rp 5 trillion of government-provided funding, while Bank Tabungan Negara (BTN) only disbursed Rp 3 trillion of the Rp 5 trillion of government funds placed with the bank.Tiko said that the disbursement would hopefully continue until August with a total disbursement of Rp 90 trillion, three times the amount of funding aimed at fueling the economy.“Once we reach this target, we hope the government will place more funds [in state-owned banks] so we have the ammunition to be more aggressive in disbursing new loans,” he said.center_img Topics :last_img read more

Unai Emery claims Mesut Ozil did not deserve to be a substitute in Arsenal’s win over Standard Liege

first_imgUnai Emery slammed Mesut Ozil after Arsenal’s win over Standard Liege (BPI/REX)Unai Emery admits Mesut Ozil did not ‘deserve’ a place on the bench for Arsenal’s 4-0 win over Standard Liege.The Gunners eased to victory in the Europa League with two goals from Gabriel Martinelli, while Joe Willock and Dani Ceballos were also on target.Ozil was left out of the squad for the 1-1 draw with Manchester United on Monday evening and the midfielder was omitted once again by Emery on Thursday.Ozil had trained with his Arsenal teammates this week, while the 30-year-old, who is earning £350,000 a week, has played just 142 minutes across two appearances this season.ADVERTISEMENT Comment Unai Emery claims Mesut Ozil did not deserve to be a substitute in Arsenal’s win over Standard Liege Advertisement Advertisement Metro Sport ReporterFriday 4 Oct 2019 1:12 amShare this article via facebookShare this article via twitterShare this article via messengerShare this with Share this article via emailShare this article via flipboardCopy link633Shares Ozil has played just 142 minutes for Arsenal this season (Getty Images)‘Really I am thinking every time to decide the best players for each match and the best player for the squad to play and [who will] help us,’ Emery said after the win over Standard Liege.AdvertisementAdvertisement‘When I decide he’s not in the squad it’s because another player deserves it more.’More: FootballRio Ferdinand urges Ole Gunnar Solskjaer to drop Manchester United starChelsea defender Fikayo Tomori reveals why he made U-turn over transfer deadline day moveMikel Arteta rates Thomas Partey’s chances of making his Arsenal debut vs Man CityAsked what Ozil has to do to get back in the side, Emery replied: ‘Continue working.‘Tomorrow we have training, tomorrow we have training with the players who didn’t play.‘And Sunday we have another match and we are going to decide the same, the first eleven possible.‘Our target is to win on Sunday and adapt to the difficulty of Bournemouth and carry on in the same way in each match.’More: Arsenal FCArsenal flop Denis Suarez delivers verdict on Thomas Partey and Lucas Torreira movesThomas Partey debut? Ian Wright picks his Arsenal starting XI vs Manchester CityArsene Wenger explains why Mikel Arteta is ‘lucky’ to be managing Arsenallast_img read more

Gold Coast character home inspired by European getaway

first_img284 Piggabeen Rd, Currumbin Valley.HOUSE hunters searching for a character home need look no further.This Currumbin Valley acreage estate is unlike any other property on the market.A stone fireplace, leadlight windows, polished timber parquetry floors and a black and white claw foot bath are just some of the hilltop house’s standout features.Owners Kerry Ovens-Brown and Dave Brown built the house, which was inspired by a European getaway. 284 Piggabeen Rd, Currumbin Valley. 284 Piggabeen Rd, Currumbin Valley.They bought the land before going away then knew exactly what they were going to build by the time they got back.More from news02:37International architect Desmond Brooks selling luxury beach villa14 hours ago02:37Gold Coast property: Sovereign Islands mega mansion hits market with $16m price tag2 days ago“There’s a lot of personal touches in there,” Mr Brown said.“All the rocks came off the property and a lot of the (mosaic) tiling was done by Kerry.“It’s not your regular house, that’s for sure.RELATED: Gold Coast’s slice of Paris “It was a bit of a labour of love.”The French chateau-inspired kitchen has vintage lights and wood cabinetry while the parents’ retreat is Mediterranean themed.The home also has a resort-style pool overlooking bushland as well as a one-bedroom cottage. RELATED: QLD pair tipped to win The Block 284 Piggabeen Rd, Currumbin Valley. 284 Piggabeen Rd, Currumbin Valley.“It’s really rustic,” Mr Brown said.“It’s a little bit of paradise up there, it’s really peaceful.”While they have been renting part of it out and using another part as an escape for the past few years, Mr Brown said they had lots of fond family memories there.“It’s one we lived in when all the kids were growing up so it’s a family home,” he said.The property will go to auction on November 22 at 6pm.last_img read more

Lee “Lebo” Graf – Cedar Grove

first_imgThose surviving who will honor Lee’s memory include his wife, Cathy Graf; children, Stephanie (Tim) Bohman of St. Peters, Autumn (Ben) Reinier of W. Harrison, Phillip (Nicole) Graf of Franklin, Ashley (Derek) Graf of Cedar Grove, and 9 grandchildren.  Also surviving are his sisters and brothers, Yvonne (Linden) Brandes, Shelly (Larry) Lunsford, Rena (Jim) Sacksteder, Trisha (the late Dickie) Rosenberger, Alan (Mary) Graf, and Greg (Stephanie) Graf, all of Brookville, and one sister-in-law, Pam Graf of Cedar Grove.  Besides his parents, he was preceded in death by a sister, Susan Graf, a brother, Donald “Mole” Graf and a brother-in-law, Dickie Rosenberger. Lee “Lebo” Graf, of Cedar Grove, was born on June 9, 1952 in Batesville, the son of Albert T. and Marilyn C. Mergenthal Graf.  He married Cathy A. Bischoff on August 12, 1972 at Holy Guardian Angels in Cedar Grove and together they raised 4 children.  Lee was a cement mason and a member of Holy Guardian Angels Church.  He was also active as a member of the Cedar Grove Conservation Club and the Cedar Grove Volunteer Fire Department.  Lee loved frying chicken and enjoyed fishing, hunting, and spending time with his family and friends, especially his grandchildren.  On Thursday, April 5, at the age of 65, Lee passed away at University Hospital in Cincinnati. Friends may visit with the family on Monday, April 9, 2018 from 4 until 8 p.m. at Cook Rosenberger Funeral Home, 929 Main Street, Brookville where Rosary will be prayed at 3:15.  Father Sean Danda will officiate the funeral mass on Tuesday at 10:30 a.m. at Holy Guardian Angels Church.  In keeping with the Lee’s wishes, cremation will follow.center_img Memorial donations can be directed to FC CAN or to the Franklin County Humane Society.  To sign the online guestbook or to leave a personal condolence please visit www.cookrosenberger.com.  The staff of Cook Rosenberger Funeral Home is honored to care for the family of Lee Graf.last_img read more

2019 racing season begins at Off Road Speedway

first_imgCameron Wilkinson pursued Sal Hernandez for 10 laps of the IMCA Sunoco Hobby Stock feature before taking the lead and holding it, despite two cautions which forced restarts that kept not only Hernandez but also Wyatt Lehman close during the race’s final five laps.  In the IMCA Late Model feature, Travis Birkley went wire-to-wire for the win with Chase Osborne and Jim Johnson taking second and third place, respectively. That caution, the only one that occurred other than an initial restart, gave Langenberg the chance he needed with just three laps left. Primrose finished in second place, with Pettitt taking third.  “I kind of got caught up with a couple guys that were running side-by-side, so I couldn’t go anywhere,” Langenberg said. “Finally they separated, and I was able to shoot through. I got to third, but the leaders were a long ways out there, so I knew I was going to need a caution.”  As Langenberg passed Gnat on the outside of the final lap for the win, Thome tried unsuccessfully to pass on the inside. Seizing an opportunity, Kyle Prauner – who had started in the back row and steadily worked his way through the field behind Langenberg – squeezed through the group to grab second place ahead of Gnat, who finished third.  “With about five to go, I could tell I was faster than those guys and was starting to reel them in, but I wasn’t going to have enough time to catch them, and then I got the caution,” he said. “They were protecting the bottom not to get passed, so my only chance was to go around them on the top, and it worked.”    Lehman ultimately pulled ahead of Hernandez with two laps remaining in the battle for second. center_img Ramsey Meyer, the defending and two-time national champion in the Mach-1 Sport Compact division, won that feature with Terry Tritt second and Parker Vollbrecht third. sports@norfolkdailynews.com The best race of the night may have been the Karl Kustoms Northern SportMod feature where Colby Langenberg overcame a starting assignment on the inside of the fourth row and a significant lead by Jeremy Gnat and Robbie Thome before securing the win on the final lap of the 20-lap event. By Randy Pospishil NORFOLK, Neb. (April 20) – Ninety cars were on hand and late-lead changes were the norm on opening night Saturday at Off Road Speedway.  Travis Barker pulled alongside race leader Ron Pettitt coming out of turn two then, coming out of the backstretch took the lead entering turn three, before holding off challenges by both Pettitt and Shawn Primrose during the final six laps to win the IMCA Sunoco Stock Car feature. last_img read more

Caulker strike sinks Swans

first_img Swansea enjoyed the better of possession, but Cardiff were comfortably able to soak it up, while reluctant to press on in attack and the arrival of the half-time whistle was almost merciful. There was at least a modicum of action early in the second half. Peter Odemwingie narrowly failed to connect with a Caulker flick-on, before Whittingham drove wide following a purposeful surge from Kevin Theophile-Catherine. The Bluebirds had half-hearted penalty appeals for a foul on Don Cowie by Ashley Williams turned away by Mike Dean, refereeing in the Welsh capital for the first time since being struck by a coin in this fixture over four years ago. But they got their reward for their strong start to the second half in the 62nd minute, and it was Caulker who stung his former club. The England defender rose above Chico Flores, the man Swansea signed to replace him following the end of his loan spell at the Liberty Stadium, to powerfully head home a Bellamy corner. Michu had been signalling throughout the passage of play that he was carrying an injury, and skipper Williams appeared to let the bench know in no uncertain terms a replacement should have been readied as his side effectively played with a passenger. Caulker then made a telling contribution at the other end, bravely getting in to deny substitute Wilfried Bony, on for the injured Michu, tapping in an equaliser from Jonathan de Guzman’s header back across goal. But the goal had clearly stunned Swansea, and their confidence seemed to evaporate as a hungry Cardiff tore at them, with Vorm twice saving from substitute Fraizer Campbell. Marshall saved a sharp Vazquez effort as the game entered five minutes of stoppage time, and Swansea’s misery was completed when Vorm saw red after racing from his area and clattering Campbell, leaving Dean with little choice. With all of their substitutes used, Swansea had to throw Rangel into the goal for what time remained but Cardiff were unable to add to their tally. Swansea, who had goalkeeper Michel Vorm sent off in stoppage time, had started the game strongly, but Michael Laudrup’s side gradually faded as Cardiff came on strong in the second half. And all the recent furore caused by Iain Moody’s removal as head of recruitment, the uncertainty over manager Malky Mackay’s future and the motives of owner Vincent Tan will be briefly forgotten as Bluebirds’ fans revel in derby glory. Swansea had looked to control possession amid the deafening noise of the opening exchanges, and they carved out a great opportunity in just the fifth minute. Michu brilliantly controlled Jonjo Shelvey’s cross but, having done the hard part, volleyed well over the bar. The Spaniard then warmed David Marshall’s hands from distance as Swansea started with the greater authority. The expected on-field hostilities soon arrived as Angel Rangel and Craig Bellamy exchanged words as it took Cardiff time to settle, but Ben Turner’s strong challenge on Shelvey sparked a gradual change in proceedings. As predicted Cardiff threatened at set-pieces, and Leon Britton came uncomfortably close to diverting a Bellamy free-kick into his own net. A couple of pin-point dead-ball deliveries from Peter Whittingham forced Vorm to punch unconvincingly and, as Cardiff got a foothold in midfield, the action dried up. Steven Caulker returned to haunt his former club Swansea as his powerful header gave Cardiff the bragging rights with a 1-0 win in the Barclays Premier League’s first south Wales derby. The game failed to live up to the hyped build-up, with few chances at either end at Cardiff City Stadium. Michu missed Swansea’s best opportunity in just the fifth minute, but it was Cardiff who emerged 1-0 winners as Caulker, who spent a season on loan at Swansea, rose to score the winner. Press Associationlast_img read more

Chelsea boss Jose Mourinho hails Crystal Palace after 2-1 home defeat

first_img Mourinho added: “We have eight points less than the leader and seven and six and five from others. In another league I would say game over. “In the Premier League I don’t say game over because last season we had seven points to the second and in one month we lost the seven points. On January 1 we were on the same points as the second. “This is the Premier League and I think it’s getting more difficult than before. “The reality is that we had a bad start. Four points in four matches is a very bad start.” The Blues were unable to add to Mourinho’s record of 76 wins in the previous 99 home games as the impressive Palace emulated Sunderland’s April 2014 success. “I’m not happy,” Mourinho said. “I cannot say that I had 11 players performing at the same time. “Two or three of them their individual performance was far from good. “I blame myself for not changing one of them. I kept him in the game for 90 minutes. “When I made the third change I realise I needed a fourth and I don’t have a fourth.” Mourinho declined to reveal the name of the fourth player. Branislav Ivanovic’s performances have been placed under scrutiny, but Mourinho would not comment on the right-back’s display. “I’m not going to analyse individual form, individual performances,” he added. “If a player is not performing there are two ways of looking at it. One way is that I trust so much the player that I’m going to wait for the improvement. “Or even trusting the players arrives a moment where you think I have to change. I can go both ways.” Their next match is at Everton on September 12 and it remains to be seen which Blue shirt John Stones will be in or whether Chelsea will be reinforced by further arrivals by Tuesday’s 6pm deadline. “We have to do better. Me and the players, we have to do better,” Mourinho added. Palace had confidence coming to Stamford Bridge. “There was a belief in us today,” boss Alan Pardew said. “It’s difficult to try to overcome the quality of not just the team, but the manager here. We did it. “You can nick a win here, you can park the bus or whatever you want to call it. “I don’t think we did that today. We were on the front foot and tried to hurt Chelsea as often as we could.” Palace have now won eight of their 10 away matches in the league under Pardew, who has three victories against Mourinho in the last two seasons, a run he attributed to “a bit of luck”. “I’d have to say as Crystal Palace manager, this was the best performance of the team,” Pardew added. “Not because of the victory, but the manner and the way we played. We looked a good team today.” Chelsea manager Jose Mourinho paid tribute to Crystal Palace, but lamented his own side’s failings and the lack of a penalty award after a second loss in 100 Premier League home games. Mourinho was unhappy with the first-half tussle which saw Kurt Zouma’s shirt tugged by Connor Wickham, but he insisted Palace deserved credit for their performance. “The first thought is to Palace,” Mourinho said. “They come with everything. They were lucky but they deserve the luck. “My team, I think we deserved more. I don’t want to say we deserved to win, because it’s not true. “The referee did a big mistake. Clear penalty with the result 0-0 and obviously with influence in the result. “The one with Zouma that I watch at half-time on television. It was a clear penalty. “(But) I prefer to go in this order, when I say Crystal Palace first.” Chelsea are eight points adrift after four points from four games. Chelsea secured the title with a 1-0 defeat of Palace on May 3, but the Eagles were triumphant on this occasion, stunning the hosts just when they thought Radamel Falcao had got them back into the game with his first goal for the Blues. Joel Ward popped up to restore the lead, after Bakary Sako’s opener, as Palace earned a 2-1 win, their first at Stamford Bridge in 33 years. Press Associationlast_img read more

Du Plessis ton lifts South Africa to big win over Australia

first_img(REUTERS)-A century from stand-in skipper Faf du Plessis lifted South Africa to a huge 142-run win over Australia and a 2-0 lead in the five-match one-day international series at The Wanderers yesterday.Du Plessis, who is leading the side in this series in the absence of the injured AB de Villiers, plundered 111 from 93 balls as South African posted a commanding 361 for six in their 50 overs having been asked to bat by Australia.The tourists lost regular wickets on a good batting track and were all out for 219 in the 38th over as the home side recorded their second biggest ODI win over Australia by runs, eclipsed only by a 196-run victory a decade ago in Cape Town.Australia captain Steve Smith inserted South Africa in the belief that bowling conditions would be best in the morning but the home side made a fine start, racing to 70 in the 12th over before Quinton de Kock, who blasted 178 in the first game on Friday, mistimed his shot and was caught for 22.Fellow opener Rilee Rossouw (75) and JP Duminy (82) made valuable contributions but the innings was steered by Du Plessis’s century as he struck 13 fours and manoeuvred the ball around with great skill.Australia gave debuts to opening bowlers Chris Tremain and Joe Mennie but they found their introduction to international cricket an eye-opener. Tremain recorded figures of 1-78 in his 10 overs and Mennie finished with 0-82.John Hastings was the pick of the visiting attack with 3-57 in his 10.South Africa, in turn, were able to apply pressure with the ball and never let the Australian scoring tempo climb to the required rate.David Warner (50) and Travis Head (51) were the only batsmen to threaten big scores but they could not convert to three figures to give their side a chance.The third ODI will be played in Durban on Wednesday when South Africa will have an early chance to wrap up the series.SOUTH AFRICA InningsQ. de Kock c Tremain b Hastings 22R. Rossouw c sub b Hastings 75F. du Plessis c Smith b M. Marsh 111J. Duminy b M. Marsh 82D. Miller c Zampa b Hastings 26F. Behardien c Warner b Tremain 13W. Parnell not out 8A. Phehlukwayo not out 13Extras (lb-1 w-10) 11Total (for 6 wickets, 50 overs) 361Fall of wickets: 1-70 Q. de Kock,2-146 R. Rossouw,3-296 J. Duminy,4-308 F. du Plessis,5-334 F. Behardien,6-347 D. MillerDid not bat: D. Steyn, K. Rabada, I. TahirBowling: C. Tremain 10 – 0 – 78 – 1(w-2),J. Mennie 10 – 0 – 82 – 0(w-1),J. Hastings 10 -0-57-3 (W-1),M. Marsh 10 – 0 – 68 – 2(w-1),A. Zampa 8 – 0 – 54 – 0, T. Head 2 – 0 – 21 – 0(w-5)AUSTRALIA InningsA. Finch c Behardien b Rabada 1D. Warner c Miller b Duminy 50S. Smith c de Kock b Steyn 14G. Bailey b Parnell 9M. Marsh c de Kock b Parnell 19T. Head lbw b Rabada 51M. Wade c Duminy b Parnell 33J. Hastings c Miller b Phehlukwayo 23J. Mennie b Tahir 1A. Zampa b Phehlukwayo 8C. Tremain not out 0Extras (lb-4 w-6) 10Total (all out, 37.4 overs) 219Fall of wickets: 1-3 A. Finch,2-29 S. Smith,3-55 G. Bailey,4-87 M. Marsh,5-114 D. Warner,6-183 T. Head,7-185 M. Wade,8-204 J. Mennie,9-213 J. Hastings,10-219 A. ZampaBowling: D. Steyn 7 – 0 – 37 – 1(w-1), K. Rabada 7 – 0 – 31 – 2(w-4),W. Parnell 7 – 0 – 40 – 3.A. Phehlukwayo 6.4 – 0 – 59 – 2(w-1)I. Tahir 7 – 1 – 31 – 1J. Duminy 3 – 0 – 17 – 1last_img read more

Tipp Under 21s are nominated for team of the year

first_imgMichael Breen of Ballina, Ronan Maher of Thurles Sarsfields and Colin O Riordan of JK Brackens have all been nominated for the team for their performance against Limerick in this years Munster championship.last_img