Ministry to audit Jakarta spatial plans following widespread floods

first_imgThe Agrarian and Spatial Planning Ministry wants to asses spatial plans for Greater Jakarta following widespread flooding that hit parts of the capital on Tuesday.Budi Situmorang, the ministry’s spatial use and land control director general, said officials were “racing against time” to audit the spatial plan from “upstream to downstream”, adding that the uphill areas of Greater Jakarta were particularly problematic due to the construction of villas.”We would like to conduct replanting in the upstream area together with the Environment and Forestry Ministry, because our requirement is that villas can only occupy 20 percent of the total spatial plan,” Budi said in a statement. “We will dismantle [villas] if their number exceeds the limit.” Budi said the building density in Greater Jakarta had clogged many water catchment areas in the area, causing rivers to overflow due to constant rain and often resulting in floods.“The rain [on Tuesday] was torrential, but many water catchment areas are closed due to buildings. Thus, the drainage system did not function properly.”Read also: Complex measures, partnerships needed to deal with floods in JakartaThe ministry was also working with the Public Works and Housing Ministry’s Directorate General for Water Resources, Budi said. “Areas in Bogor and Depok used to have extensive lakes, but the latter have been gradually reduced, so we are working together to prevent any further reduction.”The ministry would identify and go as far as to dismantle buildings, especially those built without permits, in several locations in Jakarta based on Law No. 24/2007 on disaster management. Greater Jakarta was hit by the fourth major floods this year on Tuesday morning following torrential overnight rainfall. According to PetaBencana.id, the National Disaster Mitigation Agency’s (BNPB) website for real-time flood information, 87 locations across Jakarta had been inundated by floods on Tuesday, which paralyzed part of the capital city and disrupted transportation. (awa)Topics :last_img read more

Danica grows client base by 9% in 2016

first_imgDanica Pension, Denmark’s second-biggest commercial pension provider, recorded a 9% increase in labour market pension scheme clients in 2016.It announced the figure in connection with the release of its full-year financial results. Danica Pension’s total profit before tax was DKK2.22bn (€299m), against DKK1.96bn in 2015.It said that premiums from business customers with more than 200 employees increased by about DKK900m, due in part to an increase in the number of these clients.Per Klitgård, Danica Group CEO, said: “We are pleased that so many companies in 2016 chose Danica Pension for their employees, and we see the trend continuing into 2017, as we have welcomed several major customers – companies as well as in the labour market pension area.” The pension provider will increase its focus on handling large customers, he added. A spokeperson for Danica, which manages DKK380bn of assets, told IPE that it does not disclose the name of clients.Last October one of Danica’s competitors, PKA, the DKK250bn labour-market pension provider, launched a drive to win new business from the country’s big providers. The Danica spokesman said that it has “no comment on PKA or other firms in the business”.Danica said its strategy to grow its market share in Norway and Sweden resulted in a 17% increase in premiums in Norway relative to 2015, and a 13% increase in premiums in Sweden.It said the growth in total premiums in 2016 – more than 14% – also reflected the effect of it strengthening its collaboration with Danske Bank, aimed at “ensur[ing] attractive pension offers and comprehensive solutions for both personal and business customers”.The full-year figures Danica reported for its pension products are largely in line with early return figures it announced in January, as reported by IPE.It reiterated its view that the results show its investment strategy, which the provider has modified to increase direct investment, is working. Danica said it was able to provide “a satisfactory and attractive return” in 2016.Klitgård said: “We are pleased that our investment strategy is now really paying off, to the benefit of our customers in the form of attractive returns in 2016. “Our strategy [is] creating long-term, robust portfolios, so that major political events such as Brexit and the US presidential election do not expose our customers’ savings to unnecessary risk. We succeeded in this respect, providing our customers with strong absolute returns while taking a prudent approach to risk.”The return on its Balance, Link, and Select products was 5.5% before tax in 2016, with the lifecycle product Danica Balance producing an overall return of 5.7% before tax.A customer with a medium-risk profile in the Balance product would have received a return of 7.5%, according to the pension provider, placing it second among Danish commercial pension companies in terms of returns.Expenses fell by DKK52m – roughly 4% – in 2016, and now account for 0.36% of provisions, according to the provider.Last year Danica Pension made it possible for private investors to invest directly in its property portfolio, and it said that “our customers showed great interest in the product”.last_img read more

Three families left homeless after three early morning fires

first_imgLocalNews Three families left homeless after three early morning fires by: – October 6, 2011 Sharing is caring! Share 39 Views   no discussions Dominica Fire & Ambulance Service PRO, Philsbert SamuelPublic Relations Officer of the Dominica Fire and Ambulance Service Mr Philsbert Samuel has reported that there were three early morning fires for today October 6th, 2011.The fire officers stationed at the Fire Brigade Headquarters in Roseau were alerted at almost four o’clock this morning of a fire in the village of Morne Prosper.Although the home of Glynis Isles was completely gutted by fire there were no injuries or fatalities.“At approximately 03.56am on Thursday October 6th, 2011 fire officers at Brigade Headquarters received a call informing them of a house fire at Morne Prosper. On arrival, the responding officers met a two bed-room house constructed of concrete and imported lumber fully ablaze. The building was owned by Glynis Isles and at the time was occupied by a family of three namely; Alie Eusebe, Aliane Eusebe and Shanice Maximea. The building and its contents were completely destroyed,” Mr Samuel reported.The second fire completely destroyed the home of Tony Isles whose house is in close proximity to Glynis Isles’ home.According to Mr Samuel both fires seem suspicious and their investigations continue.“Upon completion of fire-fighting on the dwelling house of Glynis Isles the officers were alerted to another fire in the vicinity. The house belonging to Tony Isles of Morne Prosper was also destroyed by fire. We find both fires to be of a suspicious nature and investigations continue into the matter,” he said.The third fire destroyed the home of Shanika Houseborough in Zicak, Portsmouth and has left another family homeless.“Officers at the Portsmouth Fire Station were informed of a fire in Zicak, Portsmouth at 06:05am today. The house which was constructed of concrete and imported lumber, consisted of three bedrooms was owned by Shanika Houseborough and at the time was occupied by a family of three.”The home of Ms Houseborough was partially destroyed and the cause is under investigation.Dominica Vibes Newscenter_img Share Share Tweetlast_img read more

Capital One Cup action this evening

first_imgThe Gunners will hope to maintain their good recent form when they make the trip to Hillsbrough to face Championship side Sheffield Wednesday.They’ll be aiming for a place in the last-8.Meanwhile, out-of-form Chelsea face a testing trip to Stoke City. Potters manager Mark Hughes is unsure whether Chelseas poor recent run plays into Stoke hands.The other matches see Everton host Norwich and in-form Leicester making the trip to Hull City.All of tonight’s games kick off at quarter to 8.last_img