Korn frets over risk of zero-growth economy

Flag of Thailand.svg

June 27, 2017 01:00


Source  :  nationmultimedia.com

‘Nong Than’ overcomes adversity to land dream patient-happiness job

Flag of Thailand.svg

June 27, 2017 01:00

IS suicide bomber’s belt explodes, kills 12 well-wishing comrades in Diyala

Flag of Iraq.svg

Baqubah (IraqiNews.com) An Islamic State suicide bomber’s belt exploded prematurely, accidently killing the militant and 12 other comrades in Diyala, according to a top police official.

Diyala police chief Jassem al-Saadi said in a statement that twelve IS militants in Mekheisa region, northeast of Baqubah, were bidding farewell to a comrade who was on his way for a suicide attack. Saadi said that the explosive belt on the bomber’s body went off to kill well-wishers instead.

The incident occurred during what the rite which the group dubs “blood party”, according to Saadi.

Islamic State suicide bombers have escalated suicide and gun attacks against security forces and civilians over the past months as Iraqi government forces, backed by a U.S.-led coalition, proceed with a major offensive to drive the group out of its main stronghold in Iraq; Mosul.
Violence and armed conflicts left 824 Iraqis dead and wounded during the month of May, according to a monthly count by the United Nations Assistance Mission in Iraq which excludes security members deaths.

Some security observers believe that even after IS’s main havens across Iraqi provinces are conquered, the group may still constitute a security threat through sleeper cells and lone wolf attacks. They believe attacks outside Mosul are designed to make up for the group’s losses there.


Source  :  Iraqi News

Don’t want anyone in that seat next to you? Etihad has the answer

Web Report /Abu Dhabi
Filed on June 26, 2017 | Last updated on June 26, 2017 at 10.59 pm
Flag of the United Arab Emirates.svg

Say goodbye to crowded airplanes

It’s safe to say every single traveller has experienced being in a crowded aisle. Your seatmate could be unruly, moving around or going to the loo. All of which affects what could be a relaxing flight. That is why one of the best travel perks to have seats on your aisle completely empty.

That perk used to be only available by chance. But Etihad Airways will be offering it starting July 3.

According CNN Money, Etihad Airways has announced plans to sell ‘neighbour-free seats’ in its economy class flights. This will give passengers the chance to buy up to three seats next to their own. If you value some comfort during your flight, this is your chance.

In a statement, Etihad Airways said that guests can ‘bid’ for the additional space at the time of booking online. Successful bids will be confirmed 30 hours prior to departure.

So, say goodbye to stressful flights and say hello to relaxation!


Source  :  Khaleej Times

Good news! Dubai landlords open to bargains

Filed on June 26, 2017 | Last updated on June 26, 2017 at 11.55 am
Flag of the United Arab Emirates.svg

A lot of our landlords are taking our property management service.

Residential landlords in Dubai are getting increasingly flexible in their terms and pricing, going by what leading real estate brokerages in the city have to say.

The burgeoning supply of units in Dubai has given more choice and confidence to tenants to explore more options and cheaper rents upon lease renewal.

Landlords are slowly accepting the new reality and are open to negotiations with their tenants.

“Landlords are flexible when it comes to the number of rental cheques. The norm for the number of cheques is between one to four. However, there are no incentives given by landlords as yet,” says Yash Shah, sales director, Aurum Real Estate.

Although four to six cheques is becoming a more common occurrence, it’s not available on all properties and sometimes a tenant will still have to pay one cheque. Very few globally recognised cities, however, require a tenant to pay an entire year’s rent in advance.

“Multiple rent cheques shouldn’t be looked at as a bad thing from a landlord/investment point of view. It’s how a healthy property market should run and at the moment, it’s how they can get an even greater return on their investment. A lot of our landlords are taking our property management service. This is attractive to tenants as they know that someone will always be on hand in case of any issues. Our managed properties rent more quickly than non-managed units,” explains Lewis Allsopp, CEO, Allsopp & Allsopp.

“To distinguish their property in a competitive environment, some landlords are even prepared to include the first month rent-free,” observes Nick Grassick, managing director, PH Real Estate.

While a tenant in Dubai has always had the opportunity to renegotiate upon renewal, landlords today are more susceptible to those negotiations. With a lot of choice and deals in the market if you are willing to look around, tenants can cite these factors while negotiating with their landlords.

“However, I wouldn’t be disheartened as a landlord. If you are flexible on the amount of cheques you will take, you can still get excellent returns on your properties. I think an important message to get across is that if you have a good tenant, you should be accommodating with them as they are worth a lot more than just the rent,” Allsopp points out.

Landlords who are pragmatic and realistic on pricing and cheques are not facing long void periods on their properties. “Landlords are having a longer gestation period. This is why there is more flexibility in renting terms and prices. After all, every day you rent late, you’ve lost out on your annual return on the property or portfolio,” says Sanjay Chimnani, managing director, Raine & Horne Dubai.

Landlords are also advised not to instruct as many brokerages as possible to find a tenant for their property. It is key for an owner to research the market and listen to sensible marketing advice from an industry specialist.

Despite the one-off instances of families downsizing, most brokerages cite examples of residents moving to more desirable communities, which in recent years they may not have been able to afford. This is possible courtesy a softening in rents over the past 12 months.

“People in Dubai’s freehold areas are more flexible to move locations based on the rents on offer than people who live in Bur Dubai and Deira who would like to stay in their comfort zone,” adds Chimnani.

“More and more tenants are considering areas which have traditionally been looked at as being ‘too far out’. Many people are realising that there are some excellent communities, some fantastic properties and great deals. The road infrastructure has developed so much over the past few years that these ‘far out’ communities are not very far at all,” Allsopp points out.

Several families are using the rent softening to upgrade to townhouses and villas for a better lifestyle and amenities.

“The further you move away from the central hub of Dubai [Sheikh Zayed Road corridor], the more affordable homes become,” suggests Grassick. But, he adds: “As a result of softening of rents, we are finding greater inflows to the more mature, developed communities that line Sheikh Zayed Road, historically the more expensive communities.”

Agents cite Mira, Sports City and Motor City as communities where tenants can currently grab good rental deals.

“You will get more for your money if you are closer to the main areas, namely Downtown or the Marina/JBR. As a result, though, in areas such as Downtown, the Marina, Emirates Living, Arabian Ranches and so on, you can get relative bargains. What I mean by this is relative to what you would have been paying a couple of years ago. It’s all down to what a tenant wants, a relative bargain with the location and established community or more for your money a bit further out,” says Allsopp.

– deepthi@khalejtimes.com


Source  :  Khaleej Times

CASA “reboots” consultation with industry

Flag of Australia.svg

Australia’s Civil Aviation Safety Authority (CASA) plans to set up a new consultative body to better obtain the views of industry.

The Aviation Safety Advisory Panel will comprise representatives from the Australian Airports Association, the Australian Aviation Associations Forum, Recreational Aviation Australia, the Regional Aviation Association of Australia, Qantas Airways and Virgin Australia.

Described as a “reboot” of its consultation processes, CASA said the changes would “streamline consultation and ensure the aviation community is directly involved in the early setting of safety and regulatory objectives and policies”.

The Aviation Safety Advisory Panel will be established from July 1, CASA said in a statement on Friday.

The aviation safety regulator said the new consultation arrangements followed a review of the approach taken by similar bodies globally, advice from a working group of the Standards Consultative Committee and discussions with key aviation representative groups and organisations.

CASA director of aviation safety and chief executive Shane Carmody said the new body would be “the forum through which we seek to agree on the objectives and policy outcomes – before we then call our technical experts to do the detailed work”.

“CASA’s overriding responsibility for aviation safety leadership, however, means that there will always be limits,” Carmody said in a statement.

“We cannot appease everyone, nor meet every request as regulatory activities are inherently challenging and CASA ultimately has to make the call on major safety questions.

“My intention is that once we have settled on a position we will stick to it and deliver on what we have said we will deliver. If we can do this, we will maintain the trust and respect of the aviation community as a whole.”

The new advisory panel replaces existing consultative committees and advisory groups the Standards Consultative Committee, Director’s Advisory Panel, Airspace and Aerodrome Consultative Forum and the Regional Aviation Safety Forum.

Carmody, who was appointed the permanent CASA director of aviation safety and chief executive in early June after serving in an acting capacity following the resignation of Mark Skidmore in August 2016, thanked everyone who had served on consultation panels in the past. However, he said the the current setup was no longer serving the industry or community well.

“We have looked at our various consultation mechanisms and found that there is far too much complexity and duplication,” Carmody said in a statement.

“This often clouded effective and genuine engagement.”

Initial Aviation Safety Advisory Panel members (two-year term):
John Thomas, Group Executive, Virgin Australia
John Gissing, Group Executive, Qantas Group
Caroline Wilkie, Chief Executive, Australian Airports Association
Greg Russell, Honorary Chair, The Australian Aviation Associations Forum (TAAAF)
Jim Davis, Chairman, Regional Aviation Association of Australia and TAAAF member
Michael Monck, Chairman, Recreational Aviation Australia and TAAAF member

*Professor Pat Murray, University of Southern Queensland will be the panel’s independent chair for the first 12 months. Prof Murray is the current chair of the Standards Consultative Committee.


Source  :  Australian Aviation