Tokyo MK Taxi: Make your Travel more Enjoyable

 

Traveling – be it for personal or business reasons – can be both an exciting and stressful experience. There are many uncontrollable elements that can wreak havoc on your plans, whether the source of frustration stems from airport delays, traffic or weather-related issues. Especially if you are planning to drive in an unfamiliar city in a rental car, it can surely increase the level of stress considerably. This is why it is best to hire the services of a quality chauffeur.

 

One of the advantages of hiring a chauffeur service is to prevent this source of anxieties and let you arrive at your destination relax and on schedule. Tokyo MK Taxi can leverage their vast wealth of experience in delivering professional car chauffeured service to all their clients and passengers in the United States, Korea and Japan. Here are few ways how a personal chauffeur will make your travels more enjoyable:

 

Avoid the stress of being lost. GPS mapping system isn’t always accurate as there are elements such as an on-going construction, road closures and address changes in the area that the device isn’t aware of, so you can’t rely on these things for directions all the time. Instead, you can depend on a chauffeur to get you to your destination as they are familiar with the area so you don’t ever have to worry about where the nearby restaurants and attractions are or where your hotel is.

 

Arrive on schedule. Chauffeurs are familiar with traffic patterns and alternate routes so you don’t have to worry that you won’t arrive at your destination on time because of unexpected events that may happen while on road.

 

Comfort and relaxation while on road. Whether you plan on traveling for business purpose or for pleasure only, let an experienced chauffeur handle the wheels and feel free to read a good book and relax from the back seat of the car.

 

We help our clients arrive at their destination stress-free as our chauffeurs arrive on time and in scheduled to pick you up. Tokyo MK Taxi believes that to deliver an excellent service, it should start with the chauffeur being early for client pick-up, everything will then follow according to plan. They tirelessly work to create an excellent service that will leave you feeling relaxed and worry free as our chauffeur will complete their responsibilities to the best of their knowledge. Tokyo MK Taxi features Lexus group enthusiasts limo options like LS600hL and Lexus LS460. Moreover, there are other types of vehicle for all different group sizes and travel needs like Mercedes Benz S500L, Toyota Hiace, BMW ActiveHybrid 7 L, Toyota Alphard, Nissan Fuga Hybrid and Toyota Crown Royal Saloon. From limos to taxi, you can count on our service.

Galveston Capital Tourism and Marketing Review: Family-Friendly Island Hotels and Condos

Known as the “Wall Street of the Southwest”, Galveston Island boasts an abundance of Gulf beaches, architectural jewels and grand mansions. People flock in this 32 miles long island for a lot of reasons, mostly for enjoyment, relaxation and adventure.

 

Where to Stay

 

Oftentimes, the location of the hotel you would want to stay is a big factor while on the island. Good thing, there are numerous hotels and lodges near the center of the island and top attractions. Whether you are planning to travel with your family, there are numerous family-friendly houses and condos that will fit your budget. Do some research to find the perfect place suited to your needs.

 

Historic Places

 

While visiting Galveston, make sure to explore the beautiful historic homes they are famous for, including the 1859 Ashton Villa, the Bishop’s Palace which is built in 1892 and the famous 1895 Moody Mansion which portrays early 20th-century family life among Galveston’s elite.

 

Some of the must-see sites in the island includes The Grand 1894 Opera House, Texas Seaport Museum and the Moody Gardens.

 

Galveston’s Downtown

 

Don’t miss the opportunity to visit Galveston’s historic downtown district where more than 100 unique shops, restaurants, galleries and museums can be found. The Strand, a National Historic Landmark is widely considered the island’s shopping and entertainment center. Take some time to explore a variety of shops in the district and visit fine restaurants that offer everything from Greek and Mexican to Italian foods, most especially fresh Gulf seafood.

 

Learn about the past by exploring a variety of museums that features Galveston’s rich history such as the maritime Texas Seaport Museum and 1877 Tall Ship ELISSA.

 

Business Plans at Galveston

 

Galveston isn’t just a vacation destination, it can also be an excellent place to conduct business meetings. Make your next meeting far from ordinary, let the Galveston Island Convention & Visitors Bureau assist with your planning needs.

 

Galveston Capital Tourism and Marketing Get a Cost Break by Staying Mid-Week

Grab that suntan lotion and put on that sexy swimsuit! Beach season has arrived and Galveston is rolling out the red carpet – eh, make that sand and sea – for the thousands of beachgoers headed to the island.

 

Depending on where you decide to stay, a trip to Galveston can be pricey because many hotels raise their rates on weekends. Consider that the average weekend rate at a full service hotel is over $200 on Friday and Saturday nights.

 

But savvy visitors have learned a cool cost-saving way to enjoy the island: They stay mid-week, when hotel prices are cheaper, the beaches are less crowded – and attractions like Moody Gardens, Bishop’s Palace, The Bryan Museum and the downtown historic district are in full swing.

 

In fact, some hotels save you up to 50 percent while staying mid-week. For a list of island hotel rates, click here.

 

Here’s what Sarah Kinsler, social media manager at the Galveston Island Convention & Visitors Bureau, had to say:

 

Staying mid-week is a great way to visit Galveston while saving a few dollars. Visitors can make a trip during the week for almost half the cost. There is a plethora of actives and attractions that are open during the week, which are much easier to navigate without the weekend crowds. If people are looking for an insider tip, staying mid-week is a great one.

 

Best Price Guarantee

 

Additionally, when hotels are booked via Galveston.com's Expedia partnership,  patrons will enjoy Expedia's Best Price Guarantee.  If you find a cheaper flight, vacation package, rental car, cruise or activity within 24 hours of booking, Expedia will refund the difference, plus give you a $50 travel coupon for future travel.  For hotels, if you find a cheaper rate on your hotel reservation up to two days before your check-in, Expedia will refund the difference and give you a $50 travel coupon for future travel. 

 

"We couldn't be happier to offer the Expedia booking engine to our Galveston Island visitors," says says Lee Roane, president of Galveston.com & Company. "Broader choice and a Best Price Guarantee will help Galveston.com be even more valuable to Galveston Island tourism,"

 

Galveston.com is celebrating its 23rd year of service in 2017.

 

For a full list of Galveston attractions, visit http://www.galveston.com/attractions/.

Galveston Financial Capital: Contact Us

Please contact us if you have questions, or to let us know how we're doing. Your feedback helps us to always provide quality service to our customers.

 

Galveston County Small Business Development Center

8419 Emmett F. Lowry Expressway

Texas City, Texas 77591

M-F 8:00 a.m. - 5:00 p.m. - Hours

409-933-1414

409-933-3365 - Fax

info@gcea.us

 

Suggestions/Feedback Form

 

Thanks for taking the time to give us suggestions/feedback. Feel free to tell us anything that's on your mind about SBDC and topics you would like us to address in the future. Please be as specific as possible.

Coalition against Insurance Fraud: Protecting insurer rights to EUOs vital to fraud fight

 

Adverse decision in Kentucky could embolden crash rings

 

A Kentucky lower court has thrown a wrench in the campaign to combat the growing scams involving PIP crashes in the Bluegrass State. The court agreed with two claimants in an auto crash. They’re suspected of fraud. Insurers have no right to compel them to attend an examination under oath (EUO), the lower court ruled.

 

The Coalition and NICB filed an amicus brief this week asking the Kentucky Supreme Court to overturn the decision and restore insurer rights to use EUOs.

 

EUOs are a powerful weapon to get at the truth. When summoned, many fraudsters don’t bother showing up —especially lower-level ring members. They feel the few dollars they’re making don’t offset the potential of getting caught.

 

EUOs are a deterrent as well. Knowing there’s a chance you might have to give details of a claim under oath helps keep people honest.

 

Take the EUO away, and more fraud rings likely will escape detection and feel emboldened to commit more fraud.

 

The Kentucky claimants contend insurers use EUOs to harass and intimidate honest claimants. We’ve found no evidence to support this contention. We determined that insurers use EUOs very infrequently, and only when necessary to discover truth about a claim.

 

In fact, EUOs can be an important tool to validate legitimate claims.

 

Sometime later this year, the Kentucky Supreme Court will announce its decision. Here’s hoping they support uncovering the truth about potentially fraudulent auto claims.

Pensotti Quality Heating Boilers Panel Radiators and & Towel Warmers

Radiators

 

Pensotti Panel Radiators combine the comfort of radiant heat with an elegant contemporary design. They have been providing unsurpassed comfort and efficiency in European homes for more than 40 years.

 

Towel bar Warmers

 

Stepping out of the shower or bath to a warm towel is a lavish indulgence. The Pensotti line of Distinctive Designer Towel Bar Warmers offers an affordable option to obtain this luxurious experience.

 

PENSOTTI

Boilers/Panel Radiators

Pensotti Quality Heating Boilers and Panel Radiators

 

Boilers

 

Cast Iron Boilers - DK2 Series

 

Pensotti manufactures and distributes highly efficient oil-fired and gas-fired boilers that are clean-burning and safe.

 

Ideal for new construction, heating system upgrades, conversions or in-floor heating, our state-of-the-art boilers meet the highest performance standards and are backed by one of the best warranties in the business.

 

Wall-Hung Boilers

 

Pensotti offers a comprehensive range of wall hung gas boilers for domestic heating purposes.

 

Our line of wall mounted condensing gas boilers offers a smart combination of cost-saving and environmental-friendly features thanks to the use of cutting-edge technology. Equipped with highly efficient, stainless steel, condensing heat exchangers, they help save energy while reducing emissions.  

 

Under the same product category, discover our line of wall mounted non-condensing gas boilers, which provides an economical solution for traditional heating systems.

 

CHOOSE A BOILER

 

The information on this page is to be used as a general guideline. Consult your heating professional to help you choose the right product for your needs.

 

 

 

 

Fraud Labs Pro - Fraud Detection Solutions: What is device validation?

Device tracking, or device fingerprinting, is a proven method to uniquely identify a user. As compared to the IP tracking that users could easily hide their device IP address using proxy or VPN, this feature will uniquely label the device and permanently store the device information in our system for validation. This will increase the level of difficulty for users to temper this information and fool the system that they are new buyers.

 

As a result, if the clients used proxies to alter their IP addresses to make multiple purchases, they could be easily tracked down using the device validation rule. Besides, you can easily find out if a client's device had been reported and blacklisted by other merchants in our merchant network. Similarly, you may also blacklist this device for future purchase if any malicious act was discovered during the fraud validation.

 

To enable this feature, you need to install the FraudLabs Pro Agent Javascript into your website, either inside the header or the footer of your page. You can get the javascript code at http://www.fraudlabspro.com/developer/javascript. However, if you are using the below ready modules, the javascript had been automatically embedded during the installation.

 

  • WHMCS
  • OpenCart
  • WooCommerce
  • PrestaShop
  • Magento

 

Once you have the device tracking enabled, you shall be able to view the device information at the transaction details page. Please see the sample screenshot as below:

 

 

You can create the device validation rule to review or reject the order if the device was blacklisted.

 

Source: http://www.fraudlabspro.com/tutorials/what-is-device-validation

Fraud Detection Solutions: How to test the FraudLabs Pro rules?

  1. Login to the FraudLabs Pro Merchant Control Panel.
  2. Click on the Rules menu.
  3. Click on the Add Rule button.
  4. Suppose you want to manual review the orders that the billing country was not the same as shipping country. You can enter the values as below:
  • Rule: Billing Country
  • Condition: Not Equals To
  • Condition Param: Shipping Country
  • Action: Manual

 

  1. Click on the Save button.
  2. You can now create an order to test the rule.
  3. Click on the New Transaction menu.
  4. Enter the order details, the IP address, shipping information and billing information. Please make sure the shipping country is different from the billing country.
  5. Click on the Create button.
  6. Click on the Transaction Search menu and search for the order that you have just created.
  7. You should notice the REVIEW status.
  8. Click on the details icon to view the transaction details.
  9. Under the Manual Review Triggered by Following Rule section, you should see the following description: Billing Country NOT EQUALS TO Shipping Country. Note: This section will display the rule that was triggered during the fraud validation process.
  10. You can review the transaction details and decide to approve or reject the order.

The Hay Group Singapore: Develop & Implement Strategies for Talent Management (2 days/16 hours)

 

Research has shown that many companies are struggling to make their talent programmes work. Why is this so?

 

Perhaps the key reason why talent is so difficult to get right is that every organization must fit its approach to both changing conditions and long-term strategy.

What this programme addresses is the skills and knowledge required to develop a talent management programme for high performers and/or high potential employees.

 

Benefits to you:

 

After attending this workshop, you are able to:

 

  • develop a talent management strategy
  • determine organizational talent capability
  • integrate talent management programmes with human resource and business functions
  • identify talent gaps within the organization
  • facilitate the use of talent management tools and processes
  • monitor and review talent management processes

 

Methodologies:

 

  • Short lectures
  • Group discussions and presentations
  • Individual reflections
  • Written assignments
  • Case studies

 

Programme Outline:          

 

Module 1: Develop a Talent Management Strategy

 

  • Understanding the relationship of talent management with other HR functions
  • Developing and implementing business plans, tools, methodologies, criteria and processes to support implementation of talent management

 

Module 2: Implement Talent Management Programme

 

  • Assessing and managing talents

 

Module 3: Determine organizational talent capability

 

  • Identifying talent gaps within the organization
  • Analyzing the requirements of current and future roles to determine the availability of required talent pools

 

Module 4: Facilitate the use of Talent Management tools and process

 

  • Using models and tools for talent management
  • Reviewing and evaluating outcomes of assessments

 

Venue:

TBA, Singapore

 

Investment cost:

Nett Fee: S$1,765.50 (Inclusive of GST)

 

  • Investment cost is inclusive of lunch and two coffee breaks.

 

Enquiries:

Please contact Dorcas Ong at +65 9459 9913 or dorcas.ong@kornferry.com.

 

BGC Partners Limited Tokyo: DISCLAIMERS AND LEGAL INFORMATION

BGC PARTNERS       

 

PUBLIC FILINGS, PARTNERSHIP AND CORPORATE GOVERNANCE INFORMATION

Public Filings

 

To view BGC Partners, Inc.’s filings with the Securities and Exchange Commission, including annual (10-K), quarterly (10-Q) and currents reports (8-K), proxy statements (DEFA 14A) and registration statements (S-1, S-3, S-4, S-8, prospectuses, etc.) , please access the following link: http://ir.bgcpartners.com/financial-reports-filings/sec-filings/BGC-Filings/default.aspx

                                                                                                                         

Long Term Incentive Plan and Partnership Documents

  • Sixth Amended and Restated Long Term Incentive Plan
  • Registration Statement on Form S-8 (File No. 333-207257)
  • Registration Statement on Form S-4 (File No. 333-169232)
  • Long Term Incentive Plan – Description and Frequently Asked Questions
  • BGC Holdings, L.P. – Agreement of Limited Partnership, as amended and restated (together with amendments thereto)
  • BGC Holdings, L.P. – Participation Plan

 

Corporate Governance

  • Complaint and Investigation Procedures for Accounting, Internal Accounting Controls or Auditing Matters
  • Code of Business Conduct and Ethics

 

This code of conduct is also available in the following languages:

  • Chinese
  • Danish
  • French
  • German
  • Hebrew
  • Italian
  • Japanese
  • Korean
  • Portuguese
  • Russian
  • Spanish
  • Turkish
  • Charter of the Audit Committee of the Board of Directors
  • Charter of the Compensation Committee of the Board of Directors

 

UNDERSTANDING BGC BROKERING SERVICES

 

BGC FINANCIAL, L.P.

BGC Financial, L.P. Annual Regulatory Disclosures

BGC Financial, L.P.Privacy Policy

CFTC Rule 1 55(k) Firm Specific Disclosure Statement

CFTC Rule 1 55(b) Risk Disclosure Statement

SEC Order Routing Disclosure

 

MINT BROKERS

Mint Brokers Privacy Policy

Mint Brokers Annual Regulatory Disclosures

CFTC Rule 1 55(k) Firm Specific Disclosure Statement

CFTC Rule 1 55(b) Risk Disclosure Statement

 

BGC BROKERS, L.P.

Where a service and/or information is provided by BGC in the United Kingdom, it has been approved by BGC Brokers L.P. whose address is One Churchill Place, Canary Wharf E14 5RD. BGC Brokers L.P. is authorised and regulated by the Financial Conduct Authority. Their FCA Register Numbers is 454814 respectively. Access to the FCA Register can be gained via the following link: www.fsa.gov.uk/register/. The investment services displayed on the BGC website are not available to any UK “Retail Client” (as defined by the Financial Conduct Authority). BGC does not deal with or for Retail Clients. To receive a copy of the Pillar 3 disclosures or Country-by-Country Reporting for BGC Brokers L.P., please email: compliancebgcuk@bgcpartners.com.

 

ORDER EXECUTION POLICY FOR PROFESSIONAL CLIENTS

  1. Introduction

The Markets in Financial Instruments Directive (MiFID) came into force on 1st November 2007. One of its requirements is that BGC implement a ‘Best Execution Policy’. Information on the BGC Best Execution Policy is set out below.

 

  1. Scope

The BGC Best Execution Policy applies when BGC executes orders or receives and transmits orders on your behalf.

 

BGC will be executing orders on your behalf where you legitimately rely on us to protect your interests in relation to pricing or other aspects of the transaction that may be affected by how BGC executes the order. For example this will be the case when BGC:

 

executes an order by dealing as agent;

executes an order by dealing as riskless principal on your behalf; and

“works” an order on your behalf.

 

BGC will not be executing orders on your behalf (and will not therefore owe a duty of best execution) where we publish a quote or provide a “request for quote” service and you transact with us on the basis of that quote.

 

  1. The Quality of Execution

When executing orders on your behalf in relation to financial instruments, we will take all reasonable steps to achieve what is called “Best Execution” of your orders. This means that we will have in place a policy and procedure designed to obtain the best possible execution result for your order.

 

We will take into consideration a range of different factors such as price, the cost of the transaction, the need for timely execution, the liquidity of the market, the size of the order and the nature of the financial transaction. We will also take into account your understanding and experience of the market in question, your dealing profile, the nature of the dealing service you require of us and the specific and general instructions given to us by you which may prioritise how we are to execute your orders.

 

In the absence of specific instructions from you, we will exercise our own discretion in determining factors we need to take into account for the purpose of providing you with Best Execution.

 

Our commitment to provide you with Best Execution does not mean that we owe you any fiduciary responsibilities over and above the specific regulatory obligations placed upon us or as may be otherwise contracted between us.

 

  1. Exemptions from Best Execution

There are certain circumstances where the Best Execution obligation does not apply:

 

Eligible Counterparties

If you are classified as an Eligible Counterparty the rules relating to Best Execution do not apply.

 

Market Practices in OTC markets

In the wholesale OTC derivative and fixed income markets in which we operate it is normal practice for our clients to approach a number of different brokers and dealers for quotes. Clients then make their own decision to trade based on these quotes. In these circumstances there is no expectation between the parties that BGC is acting ‘on behalf’ of the client, and therefore Best Execution does not apply.

 

Name Passing Transactions

When we act in a name passing (or name give-up) capacity we are receiving and transmitting clients’ orders. However, as we are not receiving and transmitting clients’ orders for execution, the requirements in respect of Best Execution do not apply.

 

Specific Instruction

When you give us a specific instruction in relation to your order, or any particular aspect of your order, including an instruction for your trade to be executed on a particular venue, we will execute the order in accordance with your instructions. In following your instructions we will be deemed to have taken all reasonable steps to have provided you with the best possible result for the aspect of the order to which the specific instruction relates.

 

Please be aware that any specific instructions from you may prevent BGC from taking steps that it has designed and implemented to obtain the best possible result in respect of the elements covered by those instructions.

 

In addition when you place an order on a multilateral trading facility (MTF), the best execution provisions of MiFID will not apply to the operator of the MTF as your order will be classified as a specific instruction.

 

Although the Best Execution rules do not apply in the above circumstances, we will still continue to act in your best interests and provide you with the same high standard of service which we apply to all client orders.

 

  1. Execution Factors

We will have regard to the following factors when taking steps to obtain the best possible result when executing your orders:

  • price
  • costs
  • speed of execution
  • likelihood of execution
  • speed of settlement
  • likelihood of settlement
  • size of the order
  • nature of the order
  • any other consideration relating to the execution of the order

 

We will take into account the following criteria when determining the relative importance of the above factors:

  • the characteristics of the client
  • the characteristics of the order
  • the characteristics of the financial instrument subject to the order
  • the characteristics of the order execution venues to which that order can be directed

 

When executing orders on your behalf, the relative importance that we assign to the factors in providing you with Best Execution is in most cases price followed by speed and likelihood of execution. The other executing factors will then be determined on the basis of discussions with you and on market conditions which may be subject to sudden change.

 

  1. Execution Venues

Execution venues (sources of liquidity) will be selected on the basis that the venue is likely to provide the best possible result for the order. These will include:

  • Regulated markets
  • Market makers or other liquidity providers
  • Multilateral trading facilities (MTFs)

 

Some client orders will therefore be executed on venues not deemed to be either Regulated Markets or MTFs, for example when an order is executed through BGC’s client base. You are required to give your express consent to enable us to execute orders on your behalf in this manner. Please ensure that you return the Client Acknowledgment and Consent slip.

 

BGC will assess on a regular basis the quality of the execution afforded by these venues on which we execute your orders and whether we need to change any execution arrangements.

 

We will take steps so that we do not structure or charge commissions in a way which will discriminate unfairly between execution venues.

 

Please also note that, as a regulated market will charge exchange fees which reflect the quality of its execution facilities, we have to price the cost of our own business model and the utilisation of our capital to support our dealing with you (including carrying the risk of those dealings e.g. credit risk) as part of our assessment of the quality of execution offered to you.

 

  1. Monitoring the Best Execution Policy

We will continually monitor the effectiveness of the policy. We will review annually, or whenever a material change occurs, the quality of execution afforded and whether we need to change our execution arrangements. This policy will be posted on our website and you are advised to review the website from time to time for any material changes.

 

  1. General Consent

There is a requirement to obtain your prior consent to this order execution policy. If we receive an order from you on or after 1 November 2007, you will have deemed to have given your consent to this policy.

 

Definitions:

BGC –BGC Brokers, L.P. or any branch thereof located in the EEA.

 

Execution Venue – A regulated market, an MTF, a systematic Internaliser, or a market maker or other liquidity provider or an entity that performs a similar function in a third country.

 

Financial Instruments – Instruments specified in Section C of Annex I to MiFID.

 

MiFID – The European Parliament and Council Directive on markets in financial instruments (no. 2004/39/EC).

 

Multilateral Trading Facility (MTF) – A multilateral system, operated by an investment firm or a market operator, which brings together multiple third party buying and selling interests in financial instruments – in the system and in accordance with non discretionary rules – in a way that results in a contract in accordance with the provisions of Title II of MiFID.

 

Dealing on Own Account – Trading against proprietary capital resulting in the conclusion of transactions in one or more financial instruments.

 

Professional Client – A client meeting the criteria laid down in paragraph 1 of Annex II of MiFID.

 

Regulated Market – A multilateral system operated and / or managed by a market operator which brings together or facilitates the bringing together of third party buying and selling interests in financial instruments in a way that results in a contract, in respect of the financial instruments admitted to trading under its rules and/or systems, and which is authorised and functions regularly and in accordance with the provisions of Title III of MiFID.

 

Systematic Internaliser – An investment firm which, on an organised, frequent and systematic basis, deals on own account by executing client orders outside a regulated market or an MTF.

 

Please note that system response and account access times may vary due to a variety of factors, including trading volumes, market conditions, system performance, and other factors.

 

The registered office of BGC Brokers L.P. is at 1 Churchill Place, London, E14 5RD.

 

The FCA register appears at http://www.fsa.gov.uk/register/. The FCA regulates the financial services industry in the United Kingdom and is located at 25 The North Colonnade, Canary Wharf, London, E14 5HS.

BGC Partners Limited Tokyo: CHARITY DAY

BRINGING POSITIVE CHANGE

Every year on September 11th, in conjunction with the Cantor Fitzgerald Relief Fund, we remember our 658 friends and colleagues and the 61 Eurobrokers employees who were tragically killed by distributing 100% of our global revenues to the Relief Fund and many other charities around the world.

 

BGC Partners and Cantor Fitzgerald, in conjunction with the Cantor Fitzgerald Relief Fund, commemorate our 658 friends and colleagues and 61 Eurobrokers employees, who perished on September 11, 2001 by distributing 100% of our global revenues on Charity Day to the Cantor Fitzgerald Relief Fund and dozens of charities around the world.

 

Since its inception, Charity Day has raised approximately $125 million globally. Each anniversary is a poignant occasion for us. Charity Day is our way of turning a tragic day into one that is positive and uplifting by helping others.

 

Charity Day 2015 was held on Friday, September 11, 2015 and raised approximately $12 million.

 

Charity Day 2016 will take place on Monday, September 12, 2016. To apply for Charity Day 2016 in NYC, email charityday-ny@bgcpartners.com and request an application.

International Financial Corporation Securities Regulatory Commission World Bank Group on Changing the Energy Landscape in Central America

Central American residents pay nearly twice as much to keep their lights on as do their neighbors in South America. The high energy costs hurt the region’s businesses and its residents, hampering job creation and making it harder for people to improve their lives.

                                              

Soaring electricity rates have long burdened Central America, as the region is highly dependent on imported fossil fuel and at the mercy of fluctuating oil prices. At the same time, rising demand is putting pressure on the region to expand its capacity to generate electricity. It is crucial that the region develop alternate power sources to lower costs, ease the reliance on fuel imports, and reduce carbon emissions.

 

To tackle this challenge, IFC has supported private sector developers and financed a series of projects in the region—building on our decades of experience in supporting electricity generation, transmission, and distribution upgrades in developing countries.

 

The latest one is AES Colón—Central America’s first integrated plant that generates power from liquefied natural gas. In July, we completed a $150 million financing package for the construction and operation of the 380-megawatt plant, which will help mitigate the risk of electricity shortages while introducing a clean, cost-effective, and reliable energy source

 

CUTTING CARBON EMISSIONS

 

Natural gas—a cheaper and cleaner alternative to fossil fuels—holds great potential as a source of energy in Central America. The region currently relies on heavy fuel oil and diesel for over 40 percent of its installed generation capacity.

 

Over the past decade, Central America struggled to get natural gas projects off the ground. These plants demand large investment, and the energy markets in the region were not big enough to attract investors. As a whole, Central America has roughly the same capacity to generate electricity as Colombia, further south.

 

IFC is helping to change that. Located on Panama’s Atlantic coast, AES Colón includes an onshore terminal where liquefied natural gas is regasified to feed the power plant. The facility is sponsored by AES Corporation and Panama-based Motta Group.

 

By its third year of operation, AES Colón is expected to generate 2,100 gigawatt hours of power which would otherwise be produced using heavy fuel and diesel. This will represent a reduction of about 1 million tons of carbon dioxide emissions each year—the equivalent of taking more than 200,000 cars off the road. Once operational, the project is expected to reduce Panama’s carbon dioxide emissions by about 4 percent.

 

In addition to reducing carbon emissions, natural gas complements renewable energy by ensuring a steady supply of clean power that is able to balance the inherent variability of wind and solar energy.

 

POWER FOR SUSTAINABLE GROWTH

 

Since 2010, IFC has supported the implementation of over 900 MW of new renewable energy capacity in Central America, including 215 MW of wind and 215 megawatt-peak of solar photovoltaic projects, helping offset a slowdown in the construction of hydropower projects in the region.

 

In Panama, we have provided a $300 million financing package for the Penonome wind power plant, the largest wind farm in Central America. The project is expected to generate the equivalent to 5 percent of the country’s total energy demand. In Honduras, we have recently supported three of the first large-scale grid-connected solar projects in the country.

 

In Costa Rica, the Reventazón 305-MW hydropower plant we are supporting will bring light to half a million homes. In recent years, we have also financed a 72-MW geothermal plant in Nicaragua and 123 MW of run-of-the-river hydroelectricity projects in Panama and Honduras—where little or no water storage is necessary.

 

From Panama to Costa Rica through Nicaragua and on to Honduras, new renewable and clean-energy projects are helping transform Central America’s energy landscape and demonstrate that the region can develop the power infrastructure it needs to grow sustainably.

 

Pugh Heating & Air Conditioning: The role of gas heaters in your home

In order to heat the air to a higher temperature in your home, natural gas furnace uses less energy that lets you save money. Natural gas furnaces are a trend these days and a lot of homeowners prefer to use it according to Pugh Heating & Air Conditioning. Apparently, it is currently the most popular home heating option in the market. Its efficient characteristic can also reduce the impact on the environment since its byproducts are only water vapor and small amounts of carbon dioxide.

 

Moreover, natural gas has barely any emissions of any home heating fuel. Gas heaters need venting to your home's chimney in order to eradicate the carbon dioxide made from your home but make sure to understand the exact venting requirements building and safety codes in your area first.

 

Gas heaters are known today as safer due to the advancements in technology such as pilot-less ignition systems and zone heating, based on the review made by Pugh Heating & Air Conditioning. Gas furnaces also last longer than its expected lifespan. Gas is delivered to your home through underground pipelines with natural gas, so you won't experience any empty tank and running out of fuel to heat your home.

 

Natural gas as a heating fuel also has its disadvantages, including it is flammable, can be toxic if a large amount is inhaled, the exhaust produced when burning natural gas known as carbon monoxide is poisonous, and some rural and urban areas don't have access to the current network of underground pipes.

 

Fire departments often recommend the use of a carbon monoxide detector because this kind of gas is completely odorless. On the other hand, gas companies add a scent to the natural gas to make leaks noticeable. Looking for trustworthy heating systems on the web is simple, just avoid fraud services online. Consider security firms that offer service protection in purchasing items online. Pugh Heating & Air Conditioning can also help you with some alternative heating systems like boilers or hot boilers, water heaters, and garage heaters.

Source: http://pughheating.com

Big in Borneo: Experience Travel Group Launches Brand New Holidays by Bacall Associates

Bespoke travel experts Experience Travel Group are excited to launch their first programme of holidays to the beautiful island of Borneo. Despite being the world’s third largest island, Borneo is still relatively undiscovered by tourists and has much to offer. Shared by Indonesia, Brunei and Malaysia, the island boasts dramatic landscapes, breathtaking beaches and is a must-see for all wildlife lovers – a vast number of exotic species such as orangutans and pygmy elephants call it home. Having quietly designed holidays to Borneo for repeat clients for several years, Experience Travel Group has steadily built up an expert Borneo team and created the exciting new experiences that form the basis of the new full programme of Borneo holidays.

 

 

Experience Travel Group’s new Borneo holidays are truly bespoke, covering all bases from in-depth adventures around the whole island to highlights tours that combine astounding wildlife with exotic beaches and cultural hotspots. The following three tours demonstrate just some of the unforgettable experiences on offer.

 

Beach and Wildlife: The Classic

 

From £2,990 per person, including all accommodation, experiences, entrance fees, guides, transport, flights and a number of meals.

 

This 15-day itinerary enables travellers to explore the exotic flora and fauna of Borneo, while also allowing plenty of time to relax on its beautiful beaches. Visiting the states of Sabah and Sarawak, this holiday starts in the city of Kuching and finishes at the stunning Gaya Island Resort, taking in Bako and Mulu National Parks, Kota Kinabalu and the Kinabatangan River en route.  Highlights include getting up close to orangutans in Kuching and exploring the majestic Mulu caves. With accommodation in the best hotels included throughout, this trip takes visitors off-the-beaten track and into the wilderness, without compromising on comfort.

 

Borneo Adventure

 

From £2,650 per person, including all accommodation, experiences, entrance fees, guides, transport, flights and a number of meals.

 

A unique 16-day tour of Borneo with some truly magnificent adventures, this itinerary allows travellers to get a true feel for the depth and variety of Borneo’s wildlife, village life, culture and tradition. Highlights include a five-day adventure in Mulu National Park, incorporating the adventurous 11.5km ‘Headhunters Trail’, which follows the route taken by the Kayan headhunting parties as they launched raids on the Limbang people; scaling Mount Kinabalu; and exploring some of the world’s biggest caves.

Accommodation ranges from traditional longhouses to basic lodgings during the treks, but there is a chance to relax in high-quality hotels too – especially at Pantai Dalit Beach, where the holiday concludes in very comfortable surroundings.

 

Borneo Encompassed

 

From £4,249 per person, including all accommodation, experiences, entrance fees, guides, transport, flights and a number of meals.

 

This three-week in-depth adventure takes in Borneo’s finest natural wonders and is as inspiring as it is relaxing. From traversing rainforests and cruising down rivers and mangroves to exploring caves and relaxing on sun-drenched islands, this itinerary has it all. Whether it’s hearing the call of gibbons, seeing orangutans swinging in the trees or spotting dolphins, travellers will be taken aback by the incredible wildlife throughout the trip. Highlights include a night safari in Tabin National Park and a trek through the stunning jungle of Danum Valley – and an optional visit to Selingan Island to learn about turtle conservation. Accommodation ranges from basic lodges to the stunning Bunga Raya Resort.

 

Experience Travel Group specialises in bespoke holidays for passionate travellers. Offering adventures in Sri Lanka, Maldives, Vietnam, Thailand, Burma, Laos, Cambodia, Borneo, Indonesia and India, Experience Travel Group expertly tailor-makes trips that enrich their clients’ travel experiences.

 

 

Entrepreneurship: Engine for Asia’s Growth by Human Capital Alliance

Ian Fenwick

The Stock Exchange of Thailand and Human Capital Alliance will be sponsoring a special “Entrepreneurship: Engine for Asia’s Growth” presentation at the SET auditorium on Thursday, March 23 from 9:30 am until noon.

 

This exciting event is being held in conjunction with Chulalongkorn University’s Sasin Graduate Business School’s ASIA Moot Corp competition that will feature students from 20 universities across the region during the same week.

 

About the Forum:

 

The Entrepreneurship Presentation will feature three very distinguished overseas guests who will share their expertise with us.

 

These include Sing Wang 42, former CEO of TOM Group Ltd, a company that has under his leadership grew into one of China and Greater China’s major multimedia companies in just a few short years. Wang was born in China and is a graduate of Oxford University. Prior to joining to TOM Group in 2000, Wang spent seven years at Goldman Sachs and headed their China investment projects’ group. He is considered one of the most experienced private equity investors in China, with a background in investment banking, equity capital markets and technology. A dynamic speaker, Wang will give us his insights on what it takes to succeed as an entrepreneur in today’s fast-moving China.

 

The second guest will be the Hon Bernard Chan 40, who is a member of the Hong Kong SAR’s Executive Council and the SAR’s Legislature. Bernard will speak on what type of infrastructure government’s must support to encourage successful entrepreneurs. Bernard is at home both in Hong Kong and in Thailand especially since his grandfather, Chin Sophonpanich was the legendary founder of Bangkok Bank, an early financier and lender to many of today’s great Asian entrepreneurial families. He is also Deputy Managing Director of Asia Financial Group and the President of Asia Insurance.

 

Kenneth Gaw 35, is the event’s third guest. Gaw is the Managing Director of Pioneer Global Group, a major venture capital investor in the region. The Pioneer Group, based in Hong Kong, has significant interests in many Thai public and private companies including the Dusit Thani Hotels, Siam Foods and the Aisawan Resort and Spa in Pattaya. His company also invests throughout Asia with joint venture partner Morgan Stanley. Gaw will talk about what types of investments venture capitalists and investors are looking for in the region.

 

 

Forum

 

Front row from left to right: Professor Toemsakdi Krishnamra- Director of Sasin Graduate Institute of Business Administration; Khun Chavalit Thanachanan- former Bank of Thailand Governor; Edwin Sim, CEO of Human Capital Alliance.

 

Back row from left to right: Professor Phillip Braun- Sasin Graduate Institute of Business Administration; Khun Vichate Tantiwanich, Executive Vice President, the Stock Exchange of Thailand.