In Your Neighbourhood

first_img2016 with a bangDefending Clarendon knockout champions Jamalco opened up their campaign for the 2015-2016 Noel Arscott Knockout competition with a resounding 6-1 win over Treadlight.Dwayne Dunk opened the scoring in the 21st minute with a well-taken shot and was again on target in the 36th minute. Andrew ‘Joysie’ Isaacs scored on the stroke of half-time to give Jamalco a 3-0 lead at the interval. Joysie secured his brace in the 49th minute to send Jamalco further ahead.Treadlight reduced the margin in the 57th minute, but Renoir ‘Woody’ Elliott scored in the 73rd minute and Erron ‘Sir B’ Brown in the 79th minute (directly from a corner kick) to extend the margin of victory.Henriques starts rally next monthHorizon Park Primary School will make a second attempt to host its netball rally, which is scheduled for next month on the school grounds, starting at 8 a.m. The organisers said that they had to postpone the initial staging because of matters beyond their control. They also promised that the event would be “unique, thanks to the special arrangements and efforts of their sponsors”.There will also be special awards for the most disciplined team and leading goalscorer. Cedar for fivePortmore United, the guest team in the York Pharmacy-sponsored Portmore Division Two football league, continued their assault when they hit five goals past title contenders Cedar Grove Estate FC last Sunday.In other games, Cumberland defeated Southborough 2-1, Braeton United clipped Waterford 1-0, and Racing United drew 2-2 with Edgewater.The competition continues this weekend, with Southborough tackling Portmore United today. Tomorrow, it’s Braeton United vs Racing, Cedar Grove vs Waterford, and Daytona vs Edgewater. Portmore United have been using this league to keep their under-21 and reserve players active. They are currently the leaders in the Jamaica Football Federation Red Stripe Premier League.Spit Fyah outlast Waterhouse UnitedTitle favourites Spit Fyah Domino Club had to draw on all their experiences to stave off a strong challenge from a spirited Waterhouse United to scratch out a close 300-290 victory in the third round of games in the Jamaica Domino Federation Portmore Domino League last Sunday.In other games, Highlight Strikers beat Memory Lane 300-274; Fort International eased past Correctional Services 300-283; Right Stuff downed Garveymeade 300-282; Ken’s Wildflower rushed past Felluchi Strikers 300-285; Masterpiece stunned Unity Strikers 300-282; Spring Village overcame Passagefort United 300-290; and Naggo Head cut down Soursop Tree 300-265. The competition continues tomorrow.PFM netball rally New Year on highOrville Henriques threw down the gauntlet in a ruthless performance to win the year’s first competitive title at the Manchester Rifle and Pistol Club’s January match at the Lincoln range in Mandeville.Henriques, who had to settle for the No. 3 rating in Jamaica owing to consistent losses to new No. 1 Junior Brown and No. 2 Andy Yapp in 2015, seemed bent on stretching the gap between himself and others in the central belt.Henriques won seven of the eight stages, with no competitor gaining more than 88 per cent. In fact, on Stage Three – which valued 125 points – he pushed down second-placed competitor on this stage Evon Grant to 68 per cent. His only stage loss came on Stage Five, where he logged 99 per cent to its winner, Sue Ann Henriques.In total, Orville logged 649 points to beat overall second-place finisher Sue Ann at 483 at 74 per cent. Owen Campbell grabbed his best podium finish in months, finishing third at 72 per cent, with Ellsworth Dixon, Thomas Jones, and Grant rounding out the top six.The upcoming Florida International tournament, which normally features the highest number of Jamaican competitors, will be the acid test of Henriques’ local performance.Edwin Allen impress at PUMA/JAAA Development meetIf last weekend’s PUMA/JAAA Development track event at Kirkvine is anything to go by, the primary battle in female long-distance running – at least in the central Jamaica region – seem centred around Edwin Allen High, Spaldings High, and G.C. Foster College.The Open female 3,000 metres revealed this battle after the three dominated the first 20 places, with most competitors running hard to the finish line and the big crowd, which was applauding.Edwin Allen were undoubtedly the best, claiming three of the top-five finishers as well as seven overall in the top 10 and a further three in the top 20. Edwin Allen’s Teresha Jacobs won in a time of 11:04.31, with Spalding High’s 13-year-old Kimara Austin putting in an amazing performance to gain second in 11:21.81.G.C. Foster’s Danielle James, who featured strongly in a number of local events last year, could only manage sixth place.Braeton lift mid-season crownBraeton United scored two first-half goals and held on to defeat Cedar Grove 2-1 in the York Pharmacy-sponsored mid-season final at Cedar Grove Sports Complex in Portmore, St Catherine, recently.Caven Genius and Jermaine Morgan scored for Braeton United, while Ronnae-Kaye Brown scored Cedar Grove’s consolation goal in the second half. Following the Christmas break, the teams will now turn their attention to the League, which resumes tomorrow.Westchester, High Mountain road Mega Angels finalWestchester netball team and Mega Angels earned the right to meet each other in the final of the inaugural South East St Catherine Netball League after impressive semi-final wins last weekend.In semi-final one, Westchester defeated Passagefort Strikers 30-16, while in the other semi, Mega Angels blew away Pro Santos B 74-12 in a history-making performance. Passagefort strikers and Pro-Santos B will do battle in the third-place play-off before Mega Angels play Westchester in the championship game on a date to be decided.Portmore hit race in high gearBased on the traffic of athletes on central Manchester roads in the morning as well as after noon, training appears in high gear for the High Mountain 10K, Jamaica’s longest-running road race, which is held each year on the last Sunday of January. This year’s event will take place on Sunday, January 31.Last weekend’s Puma/JAAA Development meet held at Kirkvine, which is close to the traditional route of the road race, also featured its highest number of competitors in the 3,000m and 5,000m events.In addition to the most popular event, the 10K, there will be competition in the 5K run and 5K walk.The Mandeville Regional Hospital will be the main beneficiary of proceeds from the race, which is chiefly organised by the High Mountain Coffee brand and its chairman, Jackie Minott.The race is held in Williamsfield each year, with its main route taking participants up the Winston Jones Highway, then through Kendal, around Kirkvine, before ending at the Williamsfield community park. The race also features specially invited international competitors.Wint gains four-year term limit as MFA presidentManchester FA President Dalton Wint had much to be happy about after he was installed for another four years. A special resolution by the majority of clubs in Manchester saw Wint and his executive voted in en bloc.A Jamaica Football Federation (JFF) mandate, which came out of their election last December, declared that all associations must conduct a new election for a four-year term of office within a 90-day period.Last summer, Wint won a fourth two-year term as Manchester FA president over challenger Damion James. An extraordinary general meeting was held at the SDC office in Mandeville; however, the clubs indicated they would prefer ratifying the results of the earlier election than conduct a fresh one.Joining Wint for the four-year stint will be first vice-president, Baron Watson; second vice-president, Douglas Powell; long-serving treasurer Janice Grant; and general secretary, Clarence Jackson. The five additional committee members are Brian Sterling, Cranston Kelly, Donovan Senior, Omar Robinson, and Derick Reid.St Catherine has announced. It will hold new elections on Saturday, February 6. Word has yet to emerge from Clarendon and St Elizabeth, the other members of the South Central Confederation.Black Star unbeaten in St Elizabeth Major LeagueAfter five rounds, the Black River-based Black Star remains the only unbeaten team in the Magnum/Charley JB St Elizabeth Major League with maximum 15 points. Black Star’s latest win came in the top-of-the-table clash against the surprise team of the competition, Real Treasure Beach, which was previously unbeaten.It is remarkable that Black Star travelled for the encounter and won 3-1. The loss for Treasure Beach pushed them back to third place on 10 points as Super Action gained higher ground after recording the biggest win of the round, a 7-2 rout of Newell.The round was also remarkable for Appleton Estate, outscored Vineyard 3-2 to end a disappointing spell where they had lost 2-1 to Super Action before the embarrassment of giving up three points to Black Stars after failing to field enough players for a home encounter.In other notable results, newcomers St Bess United defeated Tafari Lions 2-0 in a Lacovia derby, while in the only drawn result of the round, Haughton and Holland Police Youth Club ended 2-2.Jamalco start set for February 6The Power of Faith Ministries (PFM) sports department will host a netball rally on Saturday, February 6, at the PFM Sports Complex, 10C Dawkins Drive, Portmore Town Centre. The rally this year will not be open to church teams only, but also to teams from the surrounding communities.Mark Williamson, the chief organiser of the rally, said that his committee would cater to 16-20 teams. There will be prizes and cash incentives for the champions, as well as the second- and third-place teams.Former Holmwood track star Le-Roy honouredMultiple 4x400m national relay medallist Anastasia Le-Roy was among the special honorees at last weekend’s PUMA/JAAA Development meet at Kirkvine. Patron and chairman of the meet Patrick Anderson said that the committee honoured Le-Roy for her consistent hard work and interest in making herself available to represent Jamaica’s athletic teams, even if she did not make it to run individual events.Her accolades include being part of gold and repeated silver-medal teams in major games like the World Championships and the Olympics. A graduate of the G.C. Foster College of Physical Education and Sport, Le-Roy was also a track star at Holmwood Technical High School and part of several teams that helped establish that school’s dominance under coach Maurice Wilson between 2003 and 2011.She has also trained at and performed in track meets held on the Kirkvine grass track.Jamaica Badminton Association club leagueThe opening ceremony of the Jamaica Badminton Association (JBA) club league 2016 is set for today at the Constant Spring Golf Club, beginning at 10 a.m.The league will serve off with matches in the D division between defending champions Ingleside Pandaz and the young Shuttle Smashers, while in the C division, the Ingleside Pandaz will face off against the resurgent University of Technology (UTech).Other clubs in the JBA club league include Racketeers, Tastee, and newcomers Western Sports, competing in the D division. In the C division, Racketeers, UTech, Shuttle Smashers, and Ingleside Pandaz will be competing for the title, while in B Division, defending champions Racketeers will try to stave off competition from Falcons and Ingleside Pandaz.With an absent Mandeville Rangers from the A division, YMCA, Ingleside Pandaz, and Racketeers will all be striving to take the top place and the winning trophy.Horizon Park netballlast_img read more

Tottenham v Chelsea: match preview, team news, facts and figures

first_imgJohn Terry, who scored at Tottenham in September 2013, is a major doubtKick-off: 12pm, Sunday 29 November 2015Referee: Michael Oliver (Cramlington, Northumberland) preview: Punters fancy Spurs over improving ChelseaMatch in a nutshell: Chelsea head to White Hart Lane aiming for back-to-back league wins for the first time this season.Six key battles: Including Jan Vertonghen v Diego Costa  Injuries and suspensionsTOTTENHAM HOTSPURRuled out: Nabil Bentaleb (ankle), Nacer Chadli (ankle), Alex Pritchard (ankle)Fitness tests: Erik Lamela (groin)Suspended: Dele AlliCHELSEARuled out: Radamel Falcao (thigh), Thibaut Courtois (knee)Fitness tests: John Terry (ankle), Ramires (thigh) Possible line-upsTottenham: Lloris; Walker, Alderweireld, Vertonghen, Rose; Dier, Mason; Son, Dembele, Eriksen; Kane.Subs from: Vorm, Trippier, Wimmer, Fazio, Davies, Carroll, Onomah, Winks, Townsend, Lamela, Njie.Chelsea: Begovic; Ivanovic, Cahill, Zouma, Azpilicueta; Matic, Fabregas; Willian, Hazard, Pedro; Costa. Subs from: Blackman, Amelia, Aina, Djilobodji, Terry, Baba, Mikel, Loftus-Cheek, Ramires, Oscar, Traore, Kenedy, Remy. Vital statisticsForm guide – last five league matchesTottenham Hotspur total: W D W W D (11 points)Home: W W D W W (13 points)Chelsea total: W L L L W (6 points)Away: L L D L W (4 points)Top scorers – all competitionsTottenham Hotspur: Kane 10; Lamela 4; Dembele 3, Eriksen 3, Son 3; Alderweireld 2, Alli 2, Dier 2; Chadli 1, Mason 1, Walker 1.Chelsea: Willian 5; Costa 4; Ramires 3; Oscar 2, Pedro 2; Azpilicueta 1, Cahill 1, Fabregas 1, Falcao 1, Hazard 1, Kenedy 1, Matic 1, Remy 1, Zouma 1.Last five meetings1 March 2015: Chelsea 2 Tottenham 01 January 2015: Tottenham 5 Chelsea 33 December 2014: Chelsea 3 Tottenham 08 March 2014: Chelsea 4 Tottenham 028 September 2013: Tottenham 1 Chelsea 1Tottenham 1 win, Chelsea 3 wins, 1 draw Follow West London Sport on TwitterFind us on Facebooklast_img read more

Longoria, Duggar, Belt homer for Giants in win over Nats

first_imgWASHINGTON, D.C. — The Giants have already made a number of pitchers most fans haven’t heard of look like All-Stars this season.In Tuesday’s 7-3 win over the Washington Nationals, the Giants made a pitcher nearly everyone has heard of appear merely average.Three-time All-Star and former No. 1 overall draft pick Stephen Strasburg surrendered three home runs for just the third time in his 10-year major league career as third baseman Evan Longoria, right fielder Steven Duggar and first baseman …last_img read more

Venus May Be Hot with Active Volcanoes

first_imgWe already know Venus is hot from its suffocatingly dense atmosphere, but additional heat could be coming from underground.  Results from the European Space Agency’s Venus Express orbiter suggest that volcanoes have erupted any time between now and 2.5 million years ago, a “geologically recent” time compared to the assumed age of the planet (4.5 billion years).  The evidence consists of compositional differences on three lava flows that suggest they have not been exposed to weathering as long as others.    PhysOrg and are among the news outlets reporting the findings.  All are mentioning the old conundrum about Venus’s young-looking surface.  “The geological history of Venus has long been a mystery,” Sue Smrekar at JPL remarked.  That’s because the paucity of large craters, and their apparent closeness in age, suggests that the whole planet was resurfaced relatively recently in the last 10% of its history.    That scenario was challenged this month in a paper in Geology, however.1  Hansen and Lopez believe that a rich and complex history is revealed in features named ribbon tesserae terrain (RTT).  They believe the RTT are old and predate the global resurfacing (see summary on this GSA press release).  Since this idea runs contrary to what other geoscientists have been claiming about Venus since the days of the Magellan mission (1990-1993), we will have to wait and see whether their claim can withstand critical analysis.  On first glance it appears to be vulnerable to charges of special pleading that the oldest terrain somehow escaped catastrophic processes that admittedly smothered at least 80% of the surface.  The authors argue that the RTT formed during a distinct ancient epoch on Venus but that individual units, some covering millions of square kilometers, display temporal evolution that “records a rich and prolonged history that awaits discovery.”1.  Hansen and Lopez, “Venus records a rich early history,” Geology, April 2010; v. 38; no. 4; p. 311-314; DOI: 10.1130/G30587.1.There are numerous problems with standard explanations of Venus, and these add to the problems.  The fact that our “sister planet” is so different from Earth is the main one.  No plate tectonics, an extremely slow spin, a choking poisonous atmosphere, no large moon – the list was aggravated when Magellan led scientists to conclude that 90% of the planet’s history had been erased.  Hansen and Lopez are trying to rescue some of that history, but still need to explain what kind of mechanism would smother 80% of a globe the size of earth in what looks like a single event so late in its history.  Imagine something like that happening on Earth.  The energy required to support that kind of catastrophe is phenomenal.  Why did it slow down to a near stop, such that evidence for continuing activity has been difficult to detect?  For a planet smothered in lava it would be surprising not to find activity going on now.  Whatever the history, it is anything but uniformitarian.  There are many questions that deserve a fresh look by clear-thinking scientists not beholden to the moyboy* club.*(millions of years, billions of years).(Visited 6 times, 1 visits today)FacebookTwitterPinterestSave分享0last_img read more

Friendly South Africa remains a draw for expat families

first_imgIt’s easy to make friends in South Africa’s culturally diverse population, which makes Mzansi a hit with expats.(Image credit: Andy Carter) Sulaiman PhilipThe 2014 edition of the HSBC Expat Explorer survey spins a really good story for South Africa. Expatriate workers looking for a balance between work and a decent family life rated South Africa the second best destination in the world, after New Zealand.The annual survey measures four categories: earnings, lifestyle, raising children and the cost of living. Countries made it on to the list if, and only if, there were at least 100 respondents from each locale. South Africa did not fare that well in the economic measures, but it was close to the top in the social categories. Or as one respondent put it, in South Africa I “enjoy improved quality of life i.e. better weather and more social events. There’s more luxurious housing and better value for your income.”The results are based on the subjective opinions of almost 3 000 expats. Switzerland was tops overall, South Africa 22nd, but the country outranked most others on social measures, like “great place to raise children”. South Africa’s cultural diversity also made it easier for expats to find their feet, and made it easier for them to find something to remind them of home.The international bank measured four social categories: (1) ability to befriend locals, (2) success in learning the local language, (3) capacity for integrating themselves into the community and fitting into a new culture, and (4) raising children abroad. Like expat parents in New Zealand, expats living in South Africa felt their children enjoyed a better quality of life, and believed their children were more well-rounded as a result of being integrated into the local community.Expat life has evolved to become about more than just a bigger pay cheque or better career prospects. While this does remain true for younger and newer entrants to the job market, for married expats and those with children especially, a more balanced and well-rounded experience for themselves and their children matter as much as salary.As they did in the Land of the Long White Cloud, expats in South Africa claimed that the scenery, diversity of the landscape and good weather made their new homes the best place to raise children. The expats who voted New Zealand and South Africa as the top two places to raise children also mentioned that they felt their children were safer and healthier since they moved because children grew up more active, outdoorsy and healthy.People in search of better job prospects headed to Saudi Arabia, Qatar or Kuwait, countries that scored very low on integration with the local community. Money matters of course. Switzerland was voted top but as an average, the Asian subcontinent – mostly South Africa’s Brics partners China and India – scored highest in the salary stakes. The global salary average is $92 000 (about R997 000), but in Asia you can pocket $120 000 although you have to contend with a higher cost of living.In Mercers 2014 Cost of Living survey, Hong Kong (3), Singapore (4), Tokyo (7), Shanghai (10), Beijing (11), Seoul (14), and Shenzhen (17) were the Asian cities that made the top 20 most expensive cities in the world. Covering 211 cities across the globe, the Mercer survey measures the cost of 200 items in each location including housing, transport, food, clothing, household goods and entertainment.Companies and governments use the Mercer index to set compensation allowances for expat employees. There are four African cities on the list, with Luanda in Angola rated as the most expensive city in the world. N’Djamena in Chad (2), Victoria in the Seychelles (13), and Libreville in Gabon (19) are all more expensive than South Africa’s most expensive city, Cap Town, which came in at a value for money 205.Economic opportunity in South Africa, generally, cannot match the prospects of the countries that make up the top 10 of HSBC’s list, but the friendliness of South Africans remains one of the country’s biggest assets. We face challenges, and sometimes we don’t get along with our neighbours, but the warm smiles and affection Mzansi shares with foreigners – guests or expats – is infectious. Expats feel their children are safer and healthier and lived a more active, outdoorsy and spirited life.(Image credit: Sandra Mallinson)last_img read more

Something’s Keeping Wikipedia from Becoming a Platform

first_imgTags:#Data Services#NYT#web Why Tech Companies Need Simpler Terms of Servic… 8 Best WordPress Hosting Solutions on the Market Many of the descriptions from Wikipedia were either overly general, overly technical, or very out of context for the specific result on Hunch.Search engines tend to penalize sites that have a significant amount of what they consider “non-original” content. Thus, by having many results with Wikipedia-like descriptions, we may have been limiting the visibility of those results in search engines and thus reducing the number of people who could use a search engine to find relevant information on Hunch.Right: Hunch, describing something now not at all with the words of Wikipedia.It’s possible that the company may have other concerns it’s not discussing, regarding its commercial dealings with 3rd parties, but both of those reasons above seem quite valid.It’s a real shame. As Creative Commons licensed content, the Wikipedia corpus seems like something that ought to commoditize high-quality knowledge, allowing software developers to build even more value on top of it. The Hunch team specializes in machine learning and recommendation technology. Why should it have to also recreate descriptions of the whole world it’s drawing recommendations from? In theory, that’s a solved problem – Wikipedia solved it.Unfortunately, Wikipedia articles aren’t written with this in mind and are often far too technical. They aren’t written with re-use in mind, for example, they often don’t put the most accessible content at the top.The search engine problem is a whole other story. The duplicate content punishment clearly hasn’t succeeded in weeding spam or low-quality content from search results. It seems like a hold-over from the days when good actors online were creating all their own original content by hand and bad actors were the only ones who used machines to work with data in bulk. What the duplicate content penalty has done is punish innovative startups like Hunch, who have a lot to add in terms of technology but who would do best to rely on someone else’s text data and descriptions of things.“That’s a shame,” Walling says, “that someone feels they are being punished for reuse, but we can’t change the way search engines work.”“One of the biggest reuse projects right now is Facebook community pages,” Walling told us. “They reuse a lot of Wikipedia content. Our business development people worked with them to set that up, but their content isn’t indexed by search engines, so that isn’t an issue for Facebook.”That is an issue for smaller companies though. This isn’t just a loss for Hunch, it’s a loss for a whole ecosystem of startups that could serve their users with innovative new technology built on top of a commoditized standard of collaboratively edited descriptions of the world. As users, that means it’s a loss for us. A Web Developer’s New Best Friend is the AI Wai… Top Reasons to Go With Managed WordPress Hosting Creativity, they say, always builds on the past. So too do many wonderful things on the internet. What could be better to build the future on top of than our collective knowledge of the world as represented by Wikipedia? One startup technology company, recommendation service Hunch, announced today that it is dropping its use of Wikipedia data. Its stated reasons explain well why Wikipedia’s incredible platform potential is not likely to be realized anytime soon.Wikipedia will celebrate its 10th birthday tomorrow and while it’s changed the world in incredible ways, it enters its second decade in the same position it began: as a destination website. In an era of web services and applications, Wikipedia could be so much more. Wikipedia as an organization would like it to be more. Unfortunately, it’s not well positioned to realize its full potential yet – and the world isn’t ready for it, either.What it Could BeWikipedia could be a provider of canonical descriptions of all kinds of things, a platform that applications of all sorts could use to populate themselves with rich information on almost any topic. Much like place databases are used by so many location-based technologies today. If you want to build an app that talks about different places around the world, you don’t have to create a brand new map of places from scratch. That problem has been solved.If Wikipedia entries could be used like this, software companies could focus on building fabulous experiences for their users, without having to worry about re-creating descriptions of all thing topics they are discussing. “There is a fair amount of structured data that is reasonably machine readable,” Wikipedia co-founder Jimmy Wales told ReadWriteWeb this week in a press call. “I’m definitely supportive in general of initiatives to take information from Wikipedia and do interesting things with it.”Steven Walling, a former ReadWriteWeb writer now with a fellowship at the Wikimedia Foundation, considers Wikipedia as a platform “an open question” – which must be a wiki nerd’s most enthusiastic endorsement. “Our core mission is broad,” he told us, “it’s not just to create a web based encyclopedia, it’s explicitly designed for reuse. Right now, Wikipedia is a destination site, but it’s an open question.It seems that Wikipedians want the site to be used as a service, though it’s not clear they really want it enthusiastically.Right now, Wikipedia isn’t being used as a data platform very much – and it appears unlikely that it will be. It’s a real loss for everyone.The Problem With WikipediaThe Hunch blog this morning announced that the company would no longer use Wikipedia entries to populate the descriptions of the things, like foods, vacations, articles of clothing etc., that it recommended to its users. The reasons will probably feel familiar to many people: marshall kirkpatrick Related Posts last_img read more

SBI Shanghai branch 1st Indian bank to link up with China National

first_imgBeijing: The State Bank of India’s Shanghai branch is now connected to China’s National Advance Payment System (CNAPS), becoming the first Indian Bank to operationalise it, a senior bank official said on Friday. The CNAPS, launched in 2008 by People’s Bank of China (PBOC) provides real-time settlement services for all payments cleared in mainland China, as well as in all clearing banks in offshore yuan centers, such as Hong Kong. The CNAPS system is complemented by its international counterpart, the CIPS (China International Payments System or Cross-Border Inter-Bank Payment System), launched in 2015 with the aim of boosting international use of the Chinese currency, yuan. Also Read – Thermal coal import may surpass 200 MT this fiscalThe CIPS already has participants from multiple countries across the globe. The SBI is the only Indian bank to have obtained the license to do business in local currency and also inducted to the CNAPS by the PBOC as on date, K Swaminathan, Chief Executive Officer of SBI, Shanghai said on Friday. The SBI has obtained the PBOC approval in December 2016 for implementation of the CNAPS and after successful installation of various hardware and software, testing it is now connected to the PBOC live system on July 8, 2019, he said. Also Read – Food grain output seen at 140.57 mt in current fiscal on monsoon boostAfter being a member of the CNAPS, SBI Shanghai can also offer real time transfer of local funds within China by routing them through the PBOC. It eliminates the need of tie up and maintenance of accounts with multiple Banks for fund transfer, he said. The CNAPS will also be used for cross border RMB payments which are hitherto being made through local correspondent banks. This will also give SBI opportunity to do business of Bankers acceptance drafts (BAD), he said. The SBI has started its representative office in 1997 and began its commercial operation in 2006. Currently, it is the only Indian bank with license to deal in RMB, the local currency, as well as foreign currency. With total customer credit of nearly $500 million and staff strength of 40 people that includes 32 Chinese nationals, the bank has always been at the forefront of facilitating India-China trade and investments apart from serving the Indians working in China in the field of IT and others, Swaminathan said. The bank extends bank guarantee facility to Chinese corporates undertaking various construction, tech, and investment projects, he said. The bank has also been extending term as well working capital credit facilities to Indian corporates and companies promoted by Indians in China to facilitate Indian investment in China, he said. The bank has also been an active participant in local syndication arranged by major foreign as well as Chinese banks. Other than the activities on asset side, the bank has been facilitating Indians working in China in their remittance as well as other banking needs, he said.last_img read more

Finding The 6 Most Affordable Houston MBA Programs

first_img There are various investments a prospective MBA needs make when deciding to pursue an advanced degree, especially investments of time and money. When it comes to cash, some top-tier business schools ask for more than $60,000 in tuition, which automatically put them out of the question for lots of folks. Luckily, there are affordable MBA options out there in each metro, including Houston, Texas.There’s no shortage of people, places and business in Houston. In fact, according to the Houston Chronicle, “The Magnolia City” claims the most Fortune 500 companies in the state of Texas. MBA students have access to a huge city ripe with new business opportunities. Not only is there a ton of opportunity in the Houston metro, but the area’s top business schools also fit all budgets, guaranteeing that prospective MBAs get a top education no matter the size of their wallet or loans.Here’s five affordable full-time MBA programs in Houston, Texas, ranked from most expensive to least. We ranked each school based on the annual in-state cost of full-time MBA programs. Rice University – Jones Graduate School of Business: $53,000 per yearThe Rice University Jones Graduate School of Business is located on a 295-acre campus in Central Houston, Texas, close to the Houston Museum District and adjacent to the Texas Medical Center. The school offers three MBA programs: a full-time MBA, MBA for Executives and MBA for Professionals. The Rice MBA Program is accredited by AACSB International.Rice’s full-time MBA is the most expensive MBA on our list, but still costs less than Ivy league schools like Harvard Business School and The Wharton School. The school’s full-time MBA program lasts for 22 months and features courses in finance, accounting, data analysis and marketing that build a solid foundation of fundamental business principles. Students must complete 60 credits in order to graduate. First year students take foundational classes. In the second year of the program, students take elective courses to focus their curriculum on a concentration for their MBA degree.Looking to save some money at Rice? Scholarships are available to those applying to the Rice MBA full-time program. There’s only a limited number of scholarships available for students, which are awarded on the basis of academic merit. All admitted MBA full-time students are considered for merit-based scholarships, which can range from 10-to-100 percent of tuition. Good news is around 82 percent of the most recent incoming class of full-time MBA students at Rice received some merit-based or name scholarship.Mays Business School – Texas A&M University: $34,513 per yearTexas A&M first offered a general MBA degree in 1951 and has been AACSB accredited since 1972. The Mays Business School is located on A&M’s west campus, just under 2 hours outside of Houston. Mays also has a facility located in Houston, dubbed the CITYCENTRE facility, which opened in 2012. The CITYCENTRE campus encompasses 30,000 square feet of space located on the first and second floors of the CITYCENTRE THREE building and is home to A&M’s Executive MBA ProgramMays’ full-time program requires 49 credit hours over the 16-month curriculum. The first year is divided into three 10-week terms and one five-week term, which allows students to have completed 50 percent more coursework before their summer internship than most two-year MBA programs. Students do not take classes over the summer.The first year of the Texas A&M full-time MBA program costs $47,998 for in state residents and includes tuition, room and board, books and supplies and other travel and miscellaneous expenses. The estimated cost for the second year of the program is $21,028 for in state students. Mays accepts federal loans, personal loans, veteran’s education benefits and federal financial aid.Cameron School of Business – University of St. Thomas: $20,934 per yearThe Cameron School of Business is part of the University of St. Thomas, which is the only Catholic university in the Archdiocese of Galveston-Houston. Founded by Basilian Fathers in 1947, these holy folks continue to ensure that the university provides a Catholic liberal arts education to its students. The Cameron School of Business was founded in 1979, and focuses on ethically-oriented business education that will provide the school’s graduates with the skills necessary to serve as leaders of faith in a global economy.Students enrolled in the full-time MBA program at Cameron are required to complete 36 academic hours: Twenty-seven hours of core courses and nine hours of elective courses. Classes are held six days a week and students can complete the program in as little as two years.We calculated the average yearly cost by looking at credit hours: The cost of the full-time (and part-time) MBA program at Cameron is $1,118 per credit hour during the summer semester. Those enrolled in the fall and spring must pay $1,163 per credit hour. Students taking nine or fewer credit hours per semester are required to pay a $47 activity fee. Those students taking nine or more hours are required to pay $82. Students must also pay a $100 new graduate student fee and an $80 technology fee. Students are required to pay all fees every fall and spring semester.C.T. Bauer College of Business – University of Houston: $19,750 per yearLocated on the 667-acre campus of University of Houston in Southeast Houston, the C.T. Bauer College of Business offers three MBA programs, a full-time MBA, a Professional or Flexible MBA program and an Executive MBA program. All of the MBA programs offered at Bauer are American Assembly of Collegiate Schools of Business (AACSB) accredited.Bauer has one full-time intake every fall, with students organized in a cohort structure. Students must complete 21 core credit hours and 27 elective credit hours over the course of 22 months. Students spend the first year of the program building a business knowledge foundation. During the second year, students are able to customize their education to their career goals through electives and elective certificate programs.Tuition costs for the full-time program at Bauer are estimated at around $40,000 for Texas residents, though the school offers more than 100 merit-based scholarships to well-qualified full-time MBA students, including the Bauer Excellence Scholarship.University of Houston – Downtown: $18,000 – $21,000 per yearFounded in 1974 when the University of Houston acquired the assets of South Texas Junior College, the University of Houston-Downtown comprises five buildings on 24 acres near the Buffalo and White Oak bayous on the north end of downtown Houston. UHD’s College of Business was founded in 1991, and in January 2012, UHD College of Business enrolled its first class of MBA students. The UHD School of Business received accreditation from the Association to Advance Collegiate Schools of Business in 1994.UHD’s full-time MBA program can be completed in one year. Depending on the concentration that a student chooses,34 to 38 semester hours must be completed to graduate. Each semester consists of two eight-week terms.Tuition costs $532 per credit hour for in-state students, so total costs vary depending on the concentration a student chooses. Students concentrating on finance, human resource management, leadership management, or business development/sales management will pay $21,840 in tuition fees. Concentrations in supply chain management, international business or accounting cost $23,940. An MBA with a general management concentration costs $18,088.Jesse H. Jones School of Business: $7,825 per yearFounded in 1955, Jesse H. Jones School of Business is part of Texas Southern University, one of the country’s largest Historically Black Colleges and Universities. The business school was founded in response to a growing interest in business among students in the city of Houston. Today, the school offers a full/part-time and Executive MBA program options.The traditional program consists of 36 hours of coursework, completed over a two-year period. In total, the cost for the MBA program at Jones is $15,650 for in-state residents. However, scholarships funded through both the university and private donors are available for qualifying students. Finding The 6 Most Affordable Houston MBA Programs About the AuthorMax PulciniMax Pulcini is a Philadelphia-based writer and reporter. He has an affinity for Philly sports teams, Super Smash Bros. and cured meats and cheeses. Max has written for Philadelphia-based publications such as Spirit News, Philadelphia City Paper, and Billy Penn, as well as national news outlets like The Daily Beast.View more posts by Max Pulcini Last Updated Jun 12, 2017 by Max PulciniFacebookTwitterLinkedinemail center_img RelatedThe Best MBA Return on Investment in the Houston MetroOne of the top things an MBA looks for when choosing a business school is the return on investment. Return on investment, or ROI, is one of the most common profitability ratios, and an easy way to determine if an MBA is “worth” your time and money. We took a look…August 31, 2017In “Featured Home”Part-Time MBA Battle: Houston v. DallasAmong the bustling metros of the Lone Star State, Dallas and Houston are the biggest. Locals from the Houston and Dallas metros are die-hard about their towns, and their business schools take their MBA programs seriously. 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