Jakarta office market resilient during new normal

first_img“The key is flexibility with both parties. That’s what makes us resilient in the office market sector,” he said.While landlords are able to be flexible with the payment, tenants’ commitment to honor the contracts, amid possible fines for termination, have been some of the main factors that have maintained the office occupancy rate in Jakarta, the firm stated.Companies all over the country have remote working arrangements for their employees to prevent the transmission of COVID-19, lowering the use of office space during the pandemic. The government’s large scale social restrictions (PSBB) in several regions have also forced offices and businesses to shut, although the government began gradually reopening the economy in June.The monthly rental ask price in Jakarta has also been relatively stagnant, Knight Frank data show. For Premium office space, the ask price was Rp 439,000 (US$30.2) per square meter in late May, while in the second half of 2019, the price was Rp 441,000 per sq m. The office market in Jakarta has remained resilient due to the flexibility of landlords and tenants during the health crisis, despite the growing trend of working from home, property consulting firm Knight Frank has stated.Jakarta’s Premium and Grade-A office occupancy rates remained stable at around 76 percent in late May. The same level was seen in the second half of 2019, according to the company’s data.Knight Frank business development director Martin Wijaya told The Jakarta Post in an online interview on June 19 that both office property owners and tenants in Jakarta had been able to compromise in terms of payment, which contributed to the city’s stable office occupancy rate. For Grade-A office space, the monthly ask price in late May stood at Rp 352,000 per sq m. In the second half of 2019, it was Rp 354,000 per sq m.“The office occupancy rate is relatively stagnant compared to the previous period with around 400,000 sq m of space available throughout the year,” Knight Frank senior researcher Syarifah Syaukat said during the interview.According to the company’s records, office space demand is currently dominated by sectors that have not been hit hard by the COVID-19 pandemic, such as the financial sector, e-commerce, food and beverage and insurance.Tenants are also reluctant to unilaterally end their rent, as the majority of rent contracts include a hefty penalty for early termination, which could see tenants lose their security deposits and require that they pay fees for the rest of their lease term.While landlords typically do not approve of rent price cuts, they usually allow for rent payment deferment for cash-strapped tenants, according to the firm’s associate tenant director, Rina Martianti.However, despite the relative resiliency, new tenants are starting to take shorter lease terms, down from five years to three years, to minimize risks. In addition, companies are postponing their decision to relocate, upgrade or expand.Property consultant Jones Lang LaSalle (JLL) Indonesia head of research James Taylor said in May that Jakarta might experience the most significant impact from the pandemic on new leasing deals in the second quarter, as businesses continued to implement work-from-home arrangements.“However, we expect tenant demand to return once the worst of the crisis has passed. In some ways, COVID-19 is accelerating changes to the workplace that were already coming,” he said in a statement on May 26.Leasing activity in the Asia-Pacific dropped 9 percent in the first quarter of 2020 from the previous quarter in 2019, despite a 14 percent year-on-year increase, JLL data show.Topics :last_img read more

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Arsenal begin transfer talks with Layvin Kurzawa

first_imgArsenal are eyeing the free transfer of PSG defender Layvin Kurzawa (Picture: Getty)Arsenal have initiated talks with Layvin Kurzawa with a view to signing the PSG defender on a free transfer in the summer.The 27-year-old is out of contract in less than six months and is unlikely to be offered a new deal by the French champions.Kurzawa is currently free to speak with any potential European suitors and according to RMC, Arsenal have already registered an interest in the experienced left-back.Despite Arsenal’s remote hopes of finishing in the top four this season, Mikel Arteta is unlikely to spend heavily, if at all, in the January window and will plan for the summer market instead.AdvertisementAdvertisementADVERTISEMENTThe new Arsenal head coach is said to have championed the signing of Kurzawa and Arsenal could yet submit an offer to PSG before the end of the month if their injury crisis continues to worsen.🔋 Working towards the comeback! 💪 @KieranTierney1 pic.twitter.com/akMMiuzWHG— Arsenal (@Arsenal) January 15, 2020 Arsenal spent £25million on Scotland international Kieran Tierney in the summer but injuries have restricted the former Celtic star to just 11 appearances this season.Indeed, the 22-year-old is not expected to back in full training until March after he dislocated his shoulder against West Ham in December, while the club’s only other recognised left-back, Sead Kolasinac, is nursing an ankle injury.With Nacho Monreal having been sold in August, Bukayo Saka has been asked to fill in at left-back on occasion, while Sokratis Papastathopoulos played at right-back in the recent FA Cup win over Leeds in the absence of Calum Chambers whose season was ended by a cruciate knee ligament injury.When asked about Arsenal defensive injury problems ahead of Saturday’s match against Sheffield United, Arteta said: ‘We have a lot of issues at the back, the fact that Calum got the big injury is modifying our plans.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 Arsenal‘It is what we have, the situation, it can happen between December and January, it is very common.‘We have to live with it, this is what we have. We have to put 11 players out on the pitch on Saturday and I am sure we will.‘They will try their best, and I will try to select the ones who in my opinion are the best fit for that game.’Kuzarwa, meanwhile, has played 12 times for PSG this season but missed the side’s last four matches.He returned to PSG’s starting XI on Wednesday night as the Ligue 1 champions took on Monaco at the Stade Louis II.Should Arsenal sign Kurzawa now or wait until the summer?Get it done now0%Wait until the summer0%Don’t sign him at all0%Share your resultsShare your resultsTweet your resultsMORE: Liverpool poach Arsenal head of medical services Gary O’Driscoll despite Mikel Arteta interventionMORE: Mikel Arteta plays down John Stones interest but teases Arsenal transfer wishlist Advertisement Comment Metro Sport ReporterWednesday 15 Jan 2020 7:30 pmShare this article via facebookShare this article via twitterShare this article via messengerShare this with Share this article via emailShare this article via flipboardCopy link9.2kShares Arsenal begin transfer talks with Layvin Kurzawa Advertisementlast_img read more

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World’s largest LNG buyer boosts Aug imports

first_imgLNG World News Staff For illustration purposes only (Image courtesy of Tokyo Electric Power)Japanese imports of liquefied natural gas (LNG) rose 4.4 percent in August when compared to the same month a year ago, according to the provisional data released by Japan’s Ministry of Finance.Japan, the world’s top LNG buyer, imported 7.57 million tonnes of LNG last month compared to 7.25 million tonnes in August 2017, the data shows.The value of August LNG imports was about $3.49 billion, a rise of 28.6 percent on year.The country’s coal imports for power generation dropped by 11.3 percent to 11.24 million tonnes last month.To remind, Japan’s LNG imports declined in June and they were flat in July as the country’s power utilities are bringing online more nuclear reactors that had been shut in the wake of the Fukushima atomic disaster in 2011.However, Japan has been hit by various extreme weather since the beginning of July with record-breaking heat boosting demand for cooling. The country has also experienced devastating floods and landslides.last_img read more

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Dominica/China relationship blossoming says prime minister

first_imgLocalNews Dominica/China relationship blossoming says prime minister by: – May 14, 2012 Prime Minister Roosevelt SkerritPrime Minister Roosevelt Skerrit believes that Dominica’s relationship with the People’s Republic of China (PRC) has “blossomed” to the benefit of every community in Dominica.At the “China in my eyes” essay awards ceremony last week the Prime Minister noted that since Dominica established diplomatic ties with the PRC in 2004, several citizens have benefitted from the “advancement of the relationship between the two countries”.“The Government has sought to afford as many Dominicans as possible the opportunity to travel to China and to experience the country in addition to the dozens of Dominicans who have graduated and those who are now students there”. He said his government realizes that “human recourse development is key” in the development of any country hence their commitment to ensuring that citizens are given opportunities for educational enhancement“I believe that in looking at the students who have been to China and those who are presently students there and those who will be going there in September, we recognize that almost every if not every village in Dominica has had the opportunity to have at least one student studying in China and with the kind assistance of the PRC we have been sending dozens of Dominicans there for various short term courses and programs”.He also informed that there will be “a host of other opportunities for the rest of this year” urging citizens to “be informed of these opportunities” which he said are “opened to the entire country”.“While government to government relations are excellent, we are here to ensure that the people to people contact and the cultural exchanges has the opportunity to blossom also and so far the government of Dominica is very pleased with the level of cooperation in respect to cultural exchanges and people to people contact”.Dominica Vibes News Share Tweet Sharecenter_img Share 59 Views   4 comments Sharing is caring!last_img read more

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Do you favor a “Mercy Rule”?

first_imgAs I was reading an article in the Indy Star, the idea of putting in a Mercy Rule in Indiana football is being discussed.    What do you think?The IHSAA would favor it, but most coaches do not.  They do not like a “give up” attitude.  This was brought about by the number of early season high school games that resulted in margins over 40 points.  You may remember last year New Palestine averaged over 60 points a game during the regular season.  Most of their games were over after the first quarter.Twenty states have adopted a Mercy Rule that when a team is ahead by 40 points at half time, you use a running clock for the second half.  A similar number of states have a stoppage rule, but the number of points at which the game is terminated is not consistent among those states. I have seen mutual agreement rules between coaches that they start a running clock when the game is obviously out of hand.People my age remember the Batesville/North Decatur game about 40 years ago, and I think Batesville scored 114 points in the game.  A running clock would not have helped in that game, because almost every Batesville touchdown in the second half was a one-play touchdown.  In this game, it would have taken a stoppage rule.I think the running clock is one option that I could support, but I do not want a system which does not allow younger players their chance to play in a varsity game.  Some schools put in the younger players but they do not allow them to do anything but run straight ahead into the line so they won’t score any more. This does not help the younger athletes learn the speed of a varsity game.  This is worse than a Mercy Rule.last_img read more

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New era of healthcare in southeastern Indiana begins

first_imgPresident and CEO Michael W. Schwebler cuts the ribbon signifying the rebranding of Dearborn County Hospital to Highpoint Health. Angela Scudder, Highpoint Health Vice President of Patient Care Services (left), and Dr. Nancy Kennedy, Highpoint Health Chief Medical Officer (right), assist by holding the ceremonial ribbon.Lawrenceburg, In. — Tuesday marks a new beginning for healthcare in Southeastern Indiana.  After almost 59 years as Dearborn County Hospital, the hospital, inclusive of its physician and provider practices and outpatient services, is now Highpoint Health. The announcement was made today at a celebration and ribbon cutting ceremony where the new name, logo, mission and vision statements and brand promise were revealed to an excited crowd of invited guests and members of the public.  Hospital employees, who were also in attendance, had been introduced to the new brand two weeks ago at a special in-house unveiling.“We are all extremely excited about our new brand,” said Michael W. Schwebler, Highpoint Health President and CEO.  “Rebranding is so much more than just changing your name, logo or colors.  While the changing of logos or corporate colors may be included in rebranding, that is only one small part of a much more in-depth and comprehensive process.“To make our rebranding successful, we need to enhance the way in which we interact with our community and with each other,” he emphasized.  “In addition to creating a new, more accurate identity for the hospital, rebranding is establishing core values and systemwide principles which are adhered to 365 days a year.  These are expressed in our new mission and vision statements and brand promise.“At the heart of our rebranding efforts are three simple words: hearing, helping and healing,” continued Mr. Schwebler.  “These words are part of our brand promise.  They very accurately and succinctly define what we do and they represent our renewed commitment to our patients and the community.”Rob Moorhead, Secretary of the hospital’s Board of Trustees, voiced his approval of the new brand.  “As this hospital organization has evolved over time, the previous name and logo no longer accurately reflected our facilities, our wide range of providers and services or even the geographic area in which our patients live and work.“Dearborn County Hospital, now Highpoint Health, encompasses more than 45 healthcare providers with offices located in Dearborn, Ohio, Ripley and Switzerland Counties,” Mr. Moorhead noted.  “In addition, we have convenient community settings such as our two outpatient physical therapy and sports medicine facilities in Bright and Versailles.  Highpoint Health also offers a wide range of home health and hospice services in five Southeastern Indiana counties, sponsors area WIC and PATHS programs and holds the licenses for a number of long-term care facilities located throughout the state.”“For more than a year, our rebranding team worked closely with Madison Design, who are specialists in brand strategy, creation and implementation,” explained Dr. Nancy Kennedy, Highpoint Health Chief Medical Officer.  “Focus groups, comprised of participants representing a wide cross-section of our community, were convened and asked to convey their thoughts and perceptions of the hospital’s brand.  Overwhelmingly, the participants felt the existing brand did not accurately represent the depth and scope of our facilities.  Additional focus groups were then utilized to explore potential new names and logos. This inclusive process allowed us to make our new brand even more representative of the thoughts and shared visions of those we serve.”The Highpoint Health logo mark is a unique “H” that consists of two progressively taller upright rectangles, communicating that we are a grounded and trustworthy healthcare partner: advising, advocating, communicating and explaining; and a tapered diagonal that moves up and to the right, emphasizing our commitment to continuously advancing quality of care.  The use of color strengthens the symbolism of these components.  The uprights are grounded by a familiar navy and the motion and intent of the crossbar are emphasized by an energetic teal.“It’s always a little bittersweet to close out one chapter and begin a new one, however, we are extremely excited about the new brand and the future of Highpoint Health,” said Sandy Hoff, Highpoint Health Laboratory Director and a 40 year employee of the hospital. “Nowhere is change more evident than in healthcare and we are thrilled to be entering into this new era under strong leadership and with a vibrant new brand which truly exemplifies our position in the community.”“As Sandy noted, many things have changed in healthcare since our facility first opened its doors to the community in the spring of 1959, but the fundamental message remains the same: we are neighbors who are devoted to hearing, helping and healing our fellow neighbors, regardless of the distance,” concluded Mr. Schwebler.  “Our staff is proud of the many individuals they have helped and the many lives they have saved as Dearborn County Hospital, but they are even more elated about what the future holds as together we embrace the mission, vision and promise of Highpoint Health.”Highpoint Health, formerly Dearborn County Hospital, is comprised of an independent acute care hospital in Lawrenceburg, Indiana; Highpoint Health Physician Partners, a network of more than 45 specialist and primary care physicians and providers; and numerous outpatient services and facilities located in Dearborn, Ohio, Ripley and Switzerland Counties in Southeastern Indiana. Highpoint Health also sponsors area WIC and PATHS programs and holds the licenses for a number of long-term care facilities located throughout the state of Indiana.The Highpoint Health MissionOur mission is to deliver quality and affordable care, improve the health of our community and embody excellence in all we do.The Highpoint Health VisionOur vision is to be independent and the healthcare provider of choice in our region.last_img read more

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Salah loaned to Fiorentina

first_img The 22-year-old only arrived at Stamford Bridge from Basle last January, but has struggled to make an impact under Jose Mourinho. Salah will now spend the rest of the campaign in Serie A with La Viola, who sold Juan Cuadrado to the Blues just a matter of hours earlier. The Colombia forward’s transfer is likely to be the biggest deal of deadline day, joining for a fee which will reportedly rise to his £26.8million release clause. The move for Salah will help the void left by Cuadrado at Fiorentina, while striker Stipe Perica has also moved to Italy. The Croatia Under-21 international has been on loan at Dutch club NAC Breda and will spend the next 18 months on loan at Udinese. Mohamed Salah has followed Andre Schurrle out of Chelsea, joining Fiorentina on loan until the end of the season. center_img Press Associationlast_img read more

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Jamie Vardy joins elite company of strikers as Leicester defeat Crystal Palace

first_img In the build-up to the match Palace manager Alan Pardew spoke of his admiration for Vardy, who like himself reached the top flight relatively late in his career after progressing through non-league football. By his recent standards it was a relatively quiet afternoon for the busy striker but there was much to admire about the finish from Vardy that won the contest. However, Pardew would have found little to like about his team’s defending which presented him with the chance to score his 10th goal of the season. Press Association The England striker had to make sure the ball reached the net, blasting it home from inside the six-yard box. Kasper Schmeichel preserved Leicester’s lead with a superb reaction save with 12 minutes remaining to keep out a header from substitute Patrick Bamford. Home hearts were in their mouths in the final minute when another Palace sub Wilfried Zaha went down inside the penalty area but referee Mike Dean booked the winger for diving. Leicester had to survive some late Palace pressure but a first clean sheet of the campaign in the week he celebrated his 64th birthday was a welcome present for Ranieri. TWEET OF THE MATCH ”Hands up if you’ll be celebrating lcfc’s win with pizza tonight” – official Leicester City Twitter account on Ranieri’s promise to get the pizzas in should his side get a clean sheet. https://twitter.com/LCFC/status/657949830766067713 PLAYER RATINGS (Out of 10) Leicester Kasper Schmeichel – 8 Danny Simpson – 7 Wes Morgan – 7 Robert Huth – 7 Christian Fuchs – 7 Marc Albrighton – 7 Danny Drinkwater – 6 N’Golo Kante – 8 Jeff Schlupp – 7 Jamie Vardy – 8 Riyad Mehrez – 6 Subs Shinji Okazaki – 5 Nathan Dyer – 5 Crystal Palace Wayne Hennessey – 6 Martin Kelly – 7 Scott Dann – 7 Brede Hangeland – 6 Adrian Mariappa – 7 Yannick Bolasie – 6 Jason Puncheon – 6 James McArthur – 6 Yohan Cabaye – 6 Bakary Sako – 6 Frazier Campbell – 5 Subs Patrick Bamford – 6 Wilfried Zaha – 4 Mile Jedinak – 4 STAR PLAYER Ngolo Kante: Ranieri said last month that Kante could be as good as Claude Makelele and performances like this from the Frenchman make it easy to see why. Kante was a rock in front of the defence, breaking up Palace attacks, retaining possession and setting his team on the offensive. MOMENT OF THE MATCH Vardy’s goal saw join Ruud van Nistelrooy, Daniel Sturridge, Mark Stein, Ian Wright, Alan Shearer, Thierry Henry and Emmanuel Adebayor in becoming only the eighth man to score in seven successive Premier League matches. The England striker also became the first Leicester player ever to score in seven straight top flight fixtures. VIEW FROM THE BENCH Ranieri recalled Mahrez but started him behind Vardy rather than out wide, preferring to trust Albrighton to do the defensive side of the job with the threat of Puncheon and Bolasie in the Palace attack. Mahrez struggled to get on the ball as Leicester bypassed him with direct passes up to Vardy. Ranieri changed it as half-time approached but we still did not see the best of the little Algerian, although some credit for this must go to the visitors. MOAN OF THE MATCH Zaha’s dive in the final minute was not good to see. WHO’S UP NEXT? Hull v Leicester (Capital One Cup, Tuesday October 27) Manchester City v Crystal Palace (Capital One Cup, Wednesday October 28) Jamie Vardy scored the only goal of the game and created a little piece of history in the process as Leicester edged to a 1-0 win over Crystal Palace. In reaching double figures, Vardy found the back of the net for the seventh successive Barclays Premier League fixture, adding his name to an elite group which includes Ruud van Nistelrooy, Daniel Sturridge, Mark Stein, Ian Wright, Alan Shearer, Thierry Henry and Emmanuel Adebayor. While manager Claudio Ranieri will be delighted for his fifth-placed side, a first clean sheet of the season – at the 12th time of asking – will please the Italian most. Given the attacking talent on display in both teams, the first half was surprisingly low on action. Leicester went close after seven minutes. Marc Albrighton cut inside from wide on the right and hit a shot with his left foot. It was a tame effort but the way Wayne Hennessey casually left it had you believe it was well off target – it was not. The ball struck the inside of a post, much to the goalkeeper’s relief, and Riyad Mahrez put the rebound wide as Jeffrey Schlupp lurked at the far post. Palace threatened for the first time in the 19th minute as Robert Huth made a vital i nterception to prevent Bakary Sako from laying on a tap in for Fraizer Campbell inside the six-yard box. Another timely tackle from N’Golo Kante shortly before half-time snuffed out a dangerous-looking counter-attack from Palace which was led by Campbell. Vardy struck the decisive blow in the 59th minute. After a loose defensive header, Brede Hangeland then mis-hit a clearance straight to Mahrez, who sent Vardy racing through on goal for a lovely lofted finish over Hennessey. last_img read more

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Police: Teenage Girl Shot in Riviera Beach, Suspect Not in Custody

first_imgA 13-year-old girl was shot on West 16th Street Wednesday afternoon, according to Riviera Beach Police.They say she was shot inside a house and sustained non life-threatening injuries.The circumstances that may have led up to the shooting are unknown at this time.Police spokeswoman Rose Anne Brown says they do not yet have a suspect in custody.This is a developing story.last_img

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Jupiter Medical Center Announces Coronavirus Procedures

first_imgAs visitors from around the country and beyond descend on South Florida this week for the Super Bowl, doctors at one local hospital are implementing new guidelines in order to screen patients for the deadly Coronavirus.The flu-like illness originated in Wuhan, China. Cases have been confirmed in Australia, Germany, France, Canada, and the United States.There are no known cases in Florida.“We are on the side of caution in order to provide the best care for our community,” says Dr. S. Raymond Golish, who practices at Jupiter Medical Center. “Know there are no known cases here at this time, but we are prepared in the unlikely eventuality that such a case occurs.”He adds that the hospital is now following new CDC guidelines to conduct additional screenings for patients who display flu-like symptoms such as fever and coughing.Those patients will be asked to answer questions about their travels and contact with others during the previous two weeks.If doctors suspect the Coronavirus, those patients will then be placed in isolation and local health officials will be notified immediately.Dr. Golish says a sample would be sent to the CDC for testing.There is currently no antiviral treatment for the virus and no vaccine to prevent it.So far, there are more than 6,000 cases in China, and 132 deaths.last_img read more

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