Latest news with #MCM
The Star
10 hours ago
- Business
- The Star
Indonesia submits key document in bid to join Organisation for Economic Co-operation and Development
JAKARTA (Bernama) -- Indonesia has formally submitted its Initial Memorandum to the Organisation for Economic Co-operation and Development (OECD), one year after the country received its accession roadmap at the 2024 Ministerial Council Meeting (MCM). Coordinating Minister for Economic Affairs Airlangga Hartarto led the country's delegation to Paris from June 2 to 5 to attend the OECD MCM, the ministry said in a statement on Tuesday. Airlangga, who heads the country's OECD Accession National Team, handed over the document to OECD secretary-general Matthias Cormann on Monday, marking a major milestone in its bid to join the 38-member bloc. "The completion of the Initial Memorandum within one year reflects our strong national commitment to OECD accession,' he said, while acknowledging that the path ahead remains "a long marathon' requiring continued engagement with OECD committees. According to the ministry, the Initial Memorandum outlines Indonesia's self-assessment of its compliance with OECD standards across 32 chapters and 240 legal instruments. Its drafting involved 64 ministries and agencies across 26 sectors and eight cross-sectoral areas, under Presidential Decree No. 17/2024 and Ministerial Decree No. 232/2024, the ministry added. The OECD, founded in 1961 and headquartered in Paris, provides a platform for member countries to develop evidence-based policies, share best practices and address global economic, social, and environmental challenges. - Bernama
Canada Standard
4 days ago
- Business
- Canada Standard
Minister Sidhu to advance Canada's trade priorities in Paris, France
Canada News Centre 30 May 2025, 20:30 GMT+10 May 30, 2025 - Ottawa, Canada - Global Affairs Canada The Honourable Maninder Sidhu, Minister of International Trade, will be in Paris, France, from June 2 to 4, 2025, to attend the Organisation for Economic Co-operation and Development (OECD) Ministerial Council Meeting (MCM), participate in meetings with WTO ministers and host a G7 trade ministers' meeting. At the OECD MCM-chaired by Costa Rica with Canada, Australia and Lithuania as vice-chairs-Minister Sidhu will advance Canada's trade priorities, including reinforcing open and stable markets, diversifying our trading relationships and leveraging the digital economy. These priorities will help Canada foster sustainable and inclusive economic growth, benefiting Canadian businesses, workers and communities right across the country. As Canada holds the G7 presidency this year, the Minister will host a trade ministers' meeting, where he will emphasize the G7's critical role in promoting economic prosperity for citizens and businesses and strengthening economic security and resilience amid evolving global trade challenges.
Time of India
6 days ago
- Business
- Time of India
MCM set to extend garbage pickup to new sector condominiums
Gurgaon: MCM is planning to extend waste collection services to highrise buildings and condominiums within new sectors, addressing concerns about unauthorised waste disposal by the private sanitation agencies operating in these buildings. Rather than implementing door-to-door collection, the civic body intends to allocate waste collection vehicles to these condominiums. The arrangement will allow the residential complexes' staff or agencies to deposit their collected waste into these MCM vehicles. Subsequently, these MCM vehicles will transport the collected waste to designated collection points for further processing. According to officials, this system will enable better monitoring and control of waste disposal, preventing unauthorised dumping on roads and in public spaces throughout Manesar. The civic body is currently engaged in waste collection in the villages of Manesar. The residential gated societies are categorised as bulk waste generators, so they are responsible for managing their own waste. However, the MCM officials said that the objective of extending services is to keep a check on unauthorised dumping and ensure the processing of solid waste. "We are planning to expand our waste collection services to include high-rise buildings to monitor and prevent unauthorised waste disposal by various agencies operating within these residential complexes. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Bolsas nos olhos? (Tente isso hoje à noite) Revista Saúde & Beleza Saiba Mais Undo As bulk waste generators, these high-rises are accountable for proper waste disposal at designated locations as mandated by the SWM rules, 2016. However, their failure to maintain oversight often results in illegal dumping. So, it is like a monitoring system to address this issue," said the MCM additional commissioner Jitender Kumar. "Due to operational constraints, the corporation cannot provide door-to-door waste collection services within condominiums. As an alternative solution, vehicles will be provided to these residential complexes to facilitate the transport of collected waste from doorsteps to designated collection and processing points," he added.
Yahoo
6 days ago
- Business
- Yahoo
Michaud Capital Management Names André Mehta Senior Managing Director
Multi-family Office Extends Presence to the East Coast DENVER, May 28, 2025 /PRNewswire/ -- Michaud Capital Management (MCM), an independent, employee-owned multi-family office serving select families and private foundations, has appointed seasoned investment and family office executive André Mehta as senior managing director. Mehta will be based in Boston. Mehta will lead MCM's client success initiatives, partnering with clients on strategic investment planning, portfolio construction, and manager selection. He will also drive business development and play a central role in shaping the firm's investment strategies and working cross-functionally to help clients achieve their long-term financial goals. "We are thrilled to welcome André to our leadership team," said Joe Michaud, founder and managing partner at Michaud Capital Management. "With more than 25 years of global investment experience, André brings a rare combination of technical expertise, thoughtful leadership, and a deep understanding of the complex needs of multigenerational families." Mehta joins MCM following more than two decades at Cambridge Associates, where he served as a partner and led one of the firm's investment teams, advising foundations, pensions, and private clients. Earlier in his career, he held roles at the Yale Investments Office, J.P. Morgan, GMO (Grantham, Mayo, Van Otterloo & Co.), and Baker Investments Group. He is a Chartered Financial Analyst (CFA). "André's background and collaborative approach to serving families give him a unique perspective on the art and science of portfolio management," Michaud added. "His commitment to simplifying complexity and aligning portfolios with client values mirrors our mission at MCM." Working alongside Patrick Kanouff, Erin Bawa, Allyson Ross, and Peyton Garnsey, Mehta expands MCM's geographic footprint to the East Coast and enhances its ability to deliver highly personalized, holistic advice across a growing client base. "Our seasoned and dedicated team enables us to tailor engagement models and reporting structures to fit the evolving needs of each family or institution," said Mehta. "That flexibility is key to delivering continuity and value as clients navigate increasingly complex financial landscapes." MCM's investment philosophy is rooted in the belief that a thoughtfully designed strategic plan can add meaningful long-term value. The team considers each client's full ecosystem, looking not only at individual assets but also how they interact, allowing for fully customized solutions aligned with each family's goals and values. Serving clients with the care of a single-family office, MCM provides the added advantage of the access, scale, and expertise of a global multi-family platform. The firm acts as a quarterback for its clients, ensuring seamless coordination across all aspects of their financial lives and relationships. In addition to his professional work, Mehta serves on the boards of two Boston-based nonprofits, Pine Street Inn and Lesley University, and regularly helps families design and implement philanthropic strategies. Mehta holds a Master of Public and Private Management from the Yale School of Management and a Bachelor of Arts from Vassar College. About Michaud Capital Management Michaud Capital Management, based in Denver, Colorado, is an independent, employee-owned multi-family office serving a select group of families and private foundations. Since 2012, the firm has provided highly personalized investment and administrative services designed to simplify the complexities of family wealth. MCM is guided by a team that values excellence, expertise, and discretion. View original content to download multimedia: SOURCE Michaud Capital Management Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Time of India
27-05-2025
- Politics
- Time of India
Housing societies protest against Manesar civic body's sanitation charge
GURUGRAM : Thousands of residents of group housing societies living in new sectors are up in arms against imposition of sanitation charges by MCM despite no door-to-door waste collection services by the corporation. In what residents call an "arbitrary and coercive" collection under the guise of municipal taxation, MCM has appended sanitation tax to their property tax bills even though no civic worker has ever entered their compounds for waste pickup. The charges, enforced without service, are not just causing inconvenience — they block transactions like property sales and lease agreements, since a No Dues Certificate (NDC) cannot be obtained unless the tax is paid. They pointed out that the directorate of Urban Local Bodies (ULB) earlier instructed MCM to levy such charges only where door-to-door garbage collection is provided. On Monday, representatives from several housing societies met with additional commissioner Jitender Kumar and submitted a memorandum demanding an immediate waiver of the sanitation charges. "Why are we paying for something we never received? Our society spends around Rs 7 lakh every month on sanitation managed by us, yet MCM forces us to pay again just to get a No Dues Certificate. This is nothing short of coercion," said Dharmvir Singh, president of Mapsko Casabella RWA . In a letter to the MCM commissioner, RWAs have demanded an independent forensic audit of sanitation deployment records and expenditure, alongside the immediate rollback of the charges and legal action against any officials involved in violating the ULB order. "This is not just about money. It's about defiance of a govt directive. If civic bodies start charging residents without service and ignore state orders, we are no longer a rule-based society," said Kumar Ashok, president of Bestech Grand Spa RWA . RWAs have warned that if corrective steps are not taken, they will approach the State Lokayukta, Vigilance Bureau, and even the high court for relief. Some RWA representatives also met the MCM commissioner last week, urging the removal of sanitation charges from group housing societies classified as bulk waste generators (BWGs). "This is a double whammy on residents," said Praveen Malik, president of Rising Homes RWA. "While MCM organises meetings for tax collection and property ID verification, it has ignored our grievances. We manage waste collection internally through empanelled vendors under the BWG framework. We segregate waste at source, maintain records, and bear all operational costs ourselves." When asked, an MCM official defended the corporation's position, saying, "This is a state policy that mandates collection of sanitation charges in municipal areas. If the state revises the policy, we will waive the charges—but we cannot do it on our own."
