Latest news with #LC
19-05-2025
- Business
‘Hand post back to Labuan-born'
Published on: Monday, May 19, 2025 Published on: Mon, May 19, 2025 By: Sohan Das Text Size: Jalali (right) recalled that when Anifah (left) was appointed to the position, it sparked outrage as Anifah was seen as an 'outsider' who lost his deposit when his Parti Cinta Sabah was also wiped out in the previous Sabah election. LABUAN: The post of Chairman of Labuan Corporation should be handed back to a Labuan-born when the term of Tan Sri Anifah Aman, who is from Sabah, expires next month. Activist Hj Abdul Haji Jalali Hj Ghani said there are qualified and capable local leaders who should not be denied the opportunity as very few locals hold top positions on the island. Advertisement Jalil recalled that when Anifah was appointed to the position, it sparked outrage as Anifah was seen as an 'outsider' who lost his deposit when his Parti Cinta Sabah was also wiped out in the previous Sabah election. But some quarters urged that he be given a chance to prove what he could do for the island. 'Next month he completes his two-year term but has he anything to show from all his overseas missions to bring in investors?' said Hj Abdul Haji Jalali. He said being a Foreign Minister previously should not automatically qualify someone to be Chairman of LC which 'needs different requirements to face different challenges'. 'It is so far also unclear if Anifah who is also Special Advisor to Sabah Chief Minister Datuk Hajiji Noor, was the one who brought in multi-billion ringgit investors to Sabah like e-steel, Kibing and Nexilis. Advertisement 'Or else, he could also have brought such investments to Labuan as well,' he said. Due to lack of his presence on the island last year, Chairman of Labuan Chinese Chamber of Commerce, Datuk Wong Kii, told him to decide whether he was really interested in serving Labuan. Anifah was also appointed Senator representing Labuan. Former Chief Minister Tan Sri Harris Salleh also said he heard complaints that Anifah was seldom in Labuan. 'Besides, with state elections looming in Sabah, Hajiji would be depending on Anifah and the Parti Cinta Sabah to help GRS win,' he said. The previous Chairmen of LC were all Labuan residents and they include Datuk Suhaili Abdul Rahman (2001-2009), Datuk Rozman Isli and Datuk Bashir Alias. Stay up-to-date by following Daily Express's Telegram channel. Daily Express Malaysia
Wales Online
07-05-2025
- Business
- Wales Online
How much Swansea Council subsidises running of city leisure centres
How much Swansea Council subsidises running of city leisure centres The current model using a specialist provider is 'way more affordable', according to one senior officer, compared with the council running the facilities itself Swansea's flagship leisure centre, the LC (Image: Riochard Youle ) Swansea Council will need to keep subsidising leisure centres but using a third party to operate them is less expensive than running them itself, a meeting heard. Seven years ago the authority awarded a contract to leisure operator Freedom Leisure to run the LC, in the city centre, and other leisure centres in the county. The council retained ownership of the buildings and pays Freedom Leisure an annual management fee. The fee in 2023-24 was just over £987,000, which was around £1m less than the first year of the contract. There has been further financial support from the council to sustain the leisure centres during the Covid pandemic, when energy bills spiked following Russia's invasion of Ukraine, and to help with wider cost-of-living pressures. Cllr Robert Francis-Davies, cabinet member for investment, regeneration, and tourism, told a council scrutiny panel: "I'm very happy with the work Freedom Leisure are doing." Never miss a Swansea story by signing up to our newsletter here A report before the panel said visitor numbers to the seven leisure centres and sports complexes operated by Freedom Leisure rose by 3% in 2023-24 to just under 1.9m. Total income, excluding the management fee and external grants, was £8.31m in 2023-24 - again a 3% rise on the year before. Total expenditure was £9.88m, down a fraction from £9.89m in 2022-23. Article continues below The report said the council provided £228,542 on top of the management fee in 2023-24 to help with increased energy and staff costs, rises in inflation, and cost-of-living pressures. Cllr Jeff Jones asked if there would be a point when the council would not have to pay a subsidy. Cllr Francis-Davies replied that this was never the intention but that expenditure had come down compared to when the council ran the facilities. He said: "I don't think we will ever get to zero [subsidy]." He also said some councils in England had been forced to close leisure centres. Tracey McNulty, Swansea's head of cultural services, parks, and cleansing, said the council had analysed costs and set an "affordability level" before inviting operators to bid for the contract. "We have an operator that we effectively pay to run these leisure centres but at a level that's way more affordable than we could have achieved," she said. The meeting heard that usage of the refurbished Cefn Hengoed Leisure Centre in Bonymaen, with its indoor sports pitch, had soared. Jeremy Rowe, Freedom Leisure operations director, said visitor numbers hit around 94,000 in 2024-25 compared to just over 33,500 in 2023-24. The indoor sports pitch at Cefn Hengoed Leisure Centre, Bonymaen (Image: Swansea Council ) Mr Rowe went on to say that not-for-profit Freedom Leisure had maintenance obligations as part of its 19.5-year contract with the council. There had been investment in new boilers, pumps, and solar panels, he said, to bring down energy costs, and some external grant funding had been secured. Ms McNulty said the council maintained a "sinking fund" - a pot of money kept aside for when significant work was needed. Cllr Chris Holley, panel convenor, asked Freedom Leisure for a breakdown in writing of what the management fee consisted of and for details of who was responsible for what in terms of repairs. Cllr Sue Jones asked if something could be done to deter dog owners who didn't pick up their pets' mess at the Freedom Leisure-operated Elba Sports Complex, Gowerton. According to Cllr Jones primary schoolchildren locally had designed signs asking owners to be responsible but Freedom Leisure didn't allow them to be put up. Article continues below Mr Rowe said he would welcome "interaction" with the school on the issue and could look at social media messaging and potentially a campaign. Cllr Francis-Davies said the minority of dog owners who didn't pick up after them was a problem across parks more widely. "Everybody knows that dog owners should pick up dog mess," he said.
Associated Press
30-04-2025
- Business
- Associated Press
ODAS Global Consulting LTD Launches New Associate Program Amid Rising Industry Trend in Network-Based Financial Services
ODAS Global Consulting LTD officially launches its new Associate Program, aligning with the growing global trend of network-based business models in the financial consulting sector. The program offers business professionals an opportunity to partner with a leading international consulting firm, benefiting from strategic resources. London, United Kingdom, April 30, 2025 -- In an era where financial services and consulting firms are increasingly embracing network-driven business models, ODAS Global Consulting LTD proudly announces the launch of its new Associate Program. This move positions ODAS among a growing number of companies adapting to modern trends in business development and strategic partnerships within the financial consulting sector. The launch aligns with a broader shift in the financial and consulting industries, where associate and partnership programs have become key strategies for global expansion and personalized client service. According to a recent report by Global Business Insight, over 40% of consulting and investment firms are leveraging associate-driven models to access new markets, increase operational flexibility, and foster deeper client relationships. ODAS Global Consulting LTD, an international leader in business consulting, financial advisory, investment structuring, and project development, recognizes that the landscape for professional services is evolving rapidly. The company specialises in business consultancy, financial structuring, Standby Letter of Credit (SBLC) and Letter of Credit (LC) issuance, investment advisory, project development, and strategic innovation services. ODAS is dedicated to empowering businesses with sustainable, client-focused solutions that drive growth and long-term success. Their Associate Program offers selected professionals the opportunity to collaborate within a dynamic, globally recognized platform, providing them access to a wide range of resources, strategic support, and innovative financial solutions. 'In today's interconnected global economy, building strong networks and partnerships is essential,' said Ionut Dragos Onescu, CEO of ODAS Global Consulting LTD. 'Our Associate Program is designed not just to extend our global footprint but to empower independent consultants, introducers, and business professionals with the tools they need to thrive in a competitive environment.' The initiative focuses on forging long-term, mutually beneficial partnerships, offering flexibility, autonomy, and the opportunity to represent a respected global brand. ODAS Global Consulting LTD remains committed to maintaining high ethical standards, offering personalized client solutions, and driving sustainable growth both for its associates and its clientele. This strategic development reflects how firms are responding to increased globalization, the demand for customized financial services, and the acceleration of digital transformation in the consulting and finance industries. To learn more about ODAS Global Consulting LTD's Associate Program and its impact on global consulting trends, visit our Associate Program website. Contact Info: Name: IONUT DRAGOS ONESCU Email: Send Email Organization: ODAS GLOBAL CONSULTING LTD Address: Dept 5667a 126 East Ferry Road, Canary Wharf, London, E14 9FP Phone: +447514013350 Website: Release ID: 89158750 In case of encountering any inaccuracies, problems, or queries arising from the content shared in this press release that necessitate action, or if you require assistance with a press release takedown, we urge you to notify us at [email protected] (it is important to note that this email is the authorized channel for such matters, sending multiple emails to multiple addresses does not necessarily help expedite your request). Our responsive team will be readily available to promptly address your concerns within 8 hours, resolving any identified issues diligently or guiding you through the necessary steps for removal. The provision of accurate and dependable information is our primary focus.
Yahoo
29-04-2025
- Business
- Yahoo
LendingClub: Q1 Earnings Snapshot
SAN FRANCISCO (AP) — SAN FRANCISCO (AP) — LendingClub Corp. (LC) on Tuesday reported first-quarter profit of $11.7 million. On a per-share basis, the San Francisco-based company said it had profit of 10 cents. The results met Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was also for earnings of 10 cents per share. The company that connects borrowers and lenders online posted revenue of $217.7 million in the period, which beat Street forecasts. Five analysts surveyed by Zacks expected $214.5 million. _____ This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on LC at Sign in to access your portfolio
India.com
23-04-2025
- Politics
- India.com
Army In Action: 2 Terrorists Killed In J&K Less Than A Day After Pahalgam Terror Attack
Pahalgam Terrorist Attack: Just a day after the tragic terror attack in Pahalgam of Jammu & Kashmir, the Indian Army successfully thwarted a fresh infiltration bid along the Line of Control (LoC) in Jammu and Kashmir's Baramulla district on Wednesday, killing two terrorists. According to the Chinar Corps, 2–3 unidentified terrorists tried to cross over into Indian territory through the Sarjeevan area near Uri Nala in North Kashmir on April 23. Two Terrorists Killed In Baramulla In a heavy gunfight between security forces and terrorists, two terrorists were killed and a large quantity of weapons, ammunition, and other war-like stores were recovered. Chinar Corps shared the information about the operation through the social media platform X (formerly Twitter). In a post, the Chinar Corps wrote, "On 23 Apr 2025, approximately 2-3 UI terrorists tried to infiltrate through the general area Sarjeevan at Uri Nala, Baramulla, the alert tps on LC challenged and intercepted them, resulting in a firefight. Operation is in progress." OP TIKKA, Baramulla On 23 Apr 2025, approximately 2-3 UI terrorists tried to infiltrate through general area Sarjeevan at Uri Nala, Baramulla, the alert tps on LC challenged and intercepted them resulting in a firefight. Operation is in progress.#Kashmir@adgpi… — Chinar Corps- Indian Army (@ChinarcorpsIA) April 23, 2025 Weapons, Ammunition, & Other War-Like Stores Recovered It further said, "Update: OP TIKKA, Baramulla. Heavy exchange of fire between security forces and terrorists, two terrorists have been eliminated, infiltration bid foiled by the security forces in the ongoing Operation. Large quantity of weapons, ammunition, and other war-like stores have been recovered from the terrorists." Update: OP TIKKA, Baramulla Heavy exchange of fire between security forces and terrorists, two terrorists have been eliminated, infiltration bid foiled by the security forces in the ongoing Operation. Large quantity of weapons, ammunition and other war-like stores have been… — Chinar Corps - Indian Army (@ChinarcorpsIA) April 23, 2025 Pahalgam Terrorist Attack, 28 Tourists Killed In a Pahalgam terror attack on Tuesday, 28 tourists were killed, including two foreigners. According to sources, at least six to eight terrorists were involved in the attack. Two of the terrorists involved in the dastardly attack were identified as Asif Shaikh and Adil Gauri. Terrorists Used AK-47 & AK-56 Asif Shaikh belonged to the Resistance Front (TRF), a Pakistan-backed terror outfit, which claimed responsibility for the attack, the sources said. Terrorists used AK-47 and AK-56 guns to fire multiple rounds at tourists on Tuesday.
