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17th World Travel Awards Air Mauritius wins Indian Oceans Leadi

first_imgDonald Payen and Carla da Silva of Air Mauritius pictured with David de Montfalcon of World Travel Awards Source = Air Mauritius Air Mauritius has won again the 17th World Travel Awards (WTA) in the category Indian Ocean’s Leading Airline. The airlines which were nominated in this category are Air France, South African Airways, Air Seychelles, Air Austral and Air Madagascar. The award was presented to Donald Payen, Executive Vice President Commercial and Communications, of Air Mauritius by David de Montfalcon, Vice President of the World Travel Awards at the Gala Ceremony held on Wednesday 7th July 2010 at the Sandton Convention Centre, located in ‘The City of Gold’, Johannesburg, South Africa. It is gratifying that the ceremony, attended by 1200 senior industry leaders, has been held while the world’s attention is focused on South Africa for the World Cup.World Travel Awards is the most prestigious, comprehensive and sought after awards programme in the global travel and tourism industry. To be voted a World Travel Award by a process involving 183,000 travel tourism and hospitality professionals across the globe is the highest accolade a company can receive.Mr. Manoj R K Ujoodha, G.O.S.K., Air Mauritius CEO said : “Air Mauritius is proud to be once again acknowledged by the travel industry worldwide. Our team is greatly encouraged by the continued recognition of Air Mauritius as a leading airline brand in this part of the world. I would like to dedicate this award to all our shareholders, in particular the Government of Mauritius for their support to the national airline; to our customers and travel/tourism partners for their trust in our brand; to the Air Mauritius team for their hard work; and to all Mauritians as they remain loyal to the national airline.”last_img read more

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Aussies double Rail Europe Spain bookings

first_imgRail Europe bookings take-off down under High speed rail has quickly become a popular form of Aussie travel around Europe, according to Rail Europe figures that saw a 33 percent increase in passengers booking with the rail distributor for the year ending 31 August.Organising train trips for up to 60,000 passengers over the year, the company’s Australasia manager Richard Leonard said the growth demonstrated how rail is becoming an important travel system for Australian holiday-makers.The Group also recorded a 25 percent rise in revenue for the year compared to the last, accumulating up to 133M€.Bookings on Spain trains more than doubled for the period with a 53 percent rise, followed by TGV reservations which were up by 37 percent.Italian trains saw a 34 percent jump as Eurostar sales increased by 33 percent.Rail Europe chief executive Pierre-Stephane Austi said the company has witnessed growth since 2009.”Our careful attention to the markets’ needs, strong assets in technology, distribution and marketing and the unfailing enthusiasm of our teams are the driving forces behind our successes,” Mr Austi explained.  “They allow us to stay ahead of the game and deliver our partners and clients a unique and distinctive service. “2011 has been fantastic so far, we look forward to the upcoming months, which will help us achieve another record year of sales in Rail Europe’s history”. Assisting agents with rail bookings, the company launched a new e-ticketing system earlier this year, offering passengers to print tickets at home. Source = e-Travel Blackboard: N.Jlast_img read more

Arabian Adventures grows profile in Australia New Zealand

first_imgArabian Adventures is strengthening its position in the Australian and New Zealand leisure market this year, appointing i4 Travel Marketing as representation, with a view to Asia, Africa and Latin America for future opportunities. Spanning over 18 years’ industry experience specialising outbound travel, i4 Travel Marketing founder Anita Carr will bring a wealth of experience specific to Arabian Adventures, the gulf region and the Australian and New Zealand markets, with the partnership commencing in July with the office opening in Sydney. “Having developed the Aussie and Kiwi markets for the past eight years with Arabian Adventures, I saw an opportunity for the company to take the business to the next level by investing in a dedicated representative based in Australia, and with their agreement, I now get to represent Arabian Adventures to the leisure market in my home country,” Carr said. Working closely with existing industry partners and growing its networks, the appointment will allow Arabian Adventures the chance to grow its profile in the region, offering the trade a more accessible point of contact for one of the largest growing source markets for the company. Source = ETB News: Lana Bogunovichlast_img read more

Now Open Quest Canberra City Walk

first_imgNow Open Quest Canberra City WalkNow Open Quest Canberra City WalkThis week, ACT Chief Minister Andrew Barr MLA joined Quest General Manager – Franchise Operations, David Ridgeway, to officially open Quest Canberra City Walk.ACT Chief Minister Andrew Barr presented the franchisee, Fahim Malik, with an official plaque which is now installed in the hotel foyer alongside artwork by internationally acclaimed Canberra-based artist, Kylie Fogarty.Developed by Sandran Property Group, the property features 84 serviced apartments and is located in the heart of Canberra’s CBD, positioned between Canberra’s City Centre, Glebe Park and the National Convention Centre.Tourism Research Australia’s latest research found that the ACT had experienced a 9.4 per cent increase in international visitors and a 3.1 per cent increase inAustralians staying overnight, attracted by the capital’s variety of tourism experiences and growing education, cultural and business hubs.“The opening of Quest’s second property is a further signal of the confidence investors have in our city. The convenient central city location will no doubt have wide appeal to both the business and leisure traveller coming to Canberra,” Chief Minister Barr said.Quest Canberra City Walk franchisee Fahim Malik thanked the Chief Minister and the local community for their support since he purchased his first franchise, Quest Canberra, more than two years ago.“It’s an honour to receive the support of the ACT Government and the local community. We’re excited to work with our corporate clients in Canberra and the tourism industry to provide a premium home away from home experience for business and leisure travellers in Canberra,” Mr Malik said.Quest Canberra City Walk features 84 serviced apartments including studio, one and two bedroom apartments. Located at 240 City Walk the property features conference facilities, car parking, high-speed unlimited WiFi and a business centre.Eight Quest apartment hotels are scheduled to open across Australia, New Zealand and the UK over the next two years including St Kilda Road, Burwood East (VIC), Joondalup (WA), Orange (NSW), Quest Tauranga Central, Quest on Tuam, Quest Mount Eden (NZ) and Liverpool (UK).About QuestQuest is the largest and fastest growing apartment hotel operator in Australasia with more than 170 properties located across Australia, New Zealand and Fiji.Established in Melbourne, Victoria in 1988, the growth of Quest has been achieved through its commitment to meeting the accommodation needs of the extended stay business traveller.Quest Apartment Hotels is part of the world’s leading serviced residence network, Singapore-based The Ascott Limited (Ascott). Ascott is a wholly-owned subsidiary of Singapore-listed company, CapitaLand Limited – one of Asia’s largest real estate companies. The company portfolio spans more than 170 cities in more than 30 countries under 12 international brands – Ascott, Citadines, Somerset, Quest, The Crest Collection, lyf, HARRIS, FOX HARRIS, YELLO, POP!, Préférence and HARRIS Vertu.Quest properties are managed by franchisees who follow a proven and successful franchise model.For more information on Quest Apartment Hotels go to = Quest Canberra City Walklast_img read more

Aviareps adds Azerbaijan and Georgia in its portfolio

first_imgAviareps has expanded its international portfolio by establishing its 61st office in Azerbaijan’s capital, Baku; extending its network to 46 countries worldwide.The new office is responsible for conducting General Sales Agent (GSA), marketing, PR and trade promotion activities for airlines, destinations, tourism services and other representative activities for both the markets of Azerbaijan and neighbouring Georgia.Edgar Lacker, Chief Executive Officer, Aviareps, said, “With our new office opened and specialised team in place, we are extremely proud and excited to become part of the Azerbaijan and Georgia corporate landscapes. Through our new Baku office, we look forward to not only providing our clients with the professional support and expertise for them to grow in these markets, but also to reach out to Azerbaijani entities and corporations to further expand their international footprint through the AVIAREPS global network.”With a population of 9.9 million, Azerbaijan is the fourth largest economy in the Commonwealth of Independent States (CIS). In 2016, over 5.1 million outbound trips were taken by Azerbaijanis, making it an attractive emerging market with numerous opportunities for airlines, tourism authorities and retail attractions to increase their arrival numbers and mix, as well as visitor expenditure.The Aviareps Azerbaijan office opened its doors already as the GSA for two clients, including Singapore Airlines (starting April 2017) and AVIS Rent a Car.The Aviareps Azerbaijan office will be headed by Ayan Zeynalova as its Country Manager. She holds a Bachelor’s degree from the Azerbaijan Tourism Institute and from the Krems University in Austria, specialised in Tourism and Leisure Management. Her professional acumen also includes previous positions at the Azerbaijan Convention Bureau, where she was focused on the promotion of Azerbaijan internationally, as well as specialising in Meetings, Incentives, Conferences, Exhibitions (MICE) development.last_img read more

Middle East Airlines and Turkish Airlines sign codeshare agreement

first_imgMiddle East Airlines (MEA) and Turkish Airlines (TK) have signed a codeshare agreement, which became effective from May 15, 2017. Through the new agreement the travel opportunities for the passengers of both airlines will benefit as it will cover routes between Turkey and Lebanon.Present during the signing ceremony at MEA Headquarters in Beirut were, Mohamad A. El-Hout, Airlines Chairman and Director General, Middle East, and Bilal Ekşi, Deputy Chairman and CEO Turkish Airlines.This new codeshare agreement will broaden the commercial partnership between the two companies and their respective countries. Under the terms of the agreement, Middle East Airlines and Turkish Airlines will place their codes on the flights of Middle East Airlines on Beirut-Istanbul v.v. and on the flights of Turkish Airlines on Istanbul-Beirut v.v. route. Turkish Airlines will operate three daily flights on Istanbul-Beirut-Istanbul route, while MEA will be operating two daily flights Beirut – Istanbul –Beirut route.MEA Chairman, Mohamad A El-Hout expressed that the importance of this agreement is being a step in stimulating the economic cooperation between Lebanon and Turkey, to enable both airlines to further accommodate the needs of their loyal passengers.Commenting upon the agreement, Turkish Airlines’ Deputy Chairman and CEO, Bilal Ekşi, mentioned, “We are pleased to sign this codeshare agreement with Middle East Airlines and aim to improve our partnership to maximise the travel opportunities offered to our passengers through our flight networks. Moreover, we believe that this partnership with Middle East Airlines will not only maximise the travel opportunities offered to our passengers through the networks of both airlines but also bring enormous benefit from a commercial perspective.”last_img read more

Overseas Investors Flocked to Real Estate in Q2

first_img Agents & Brokers Investment Investors Lenders & Servicers Mortgage Rates Processing Service Providers 2012-07-27 Tory Barringer in Data, Origination, Servicing As global investor activity picked up in the second quarter, a number of U.S. cities saw more than half a billion dollars each in foreign real estate investment.[IMAGE]””Jones Lang LaSalle””: revealed in its most recent Global Capital Flows Report that global transactional volumes rose to $108 billion in Q2 2012, up 24 percent from a worrying dip in activity in Q1. The Americas posted the most activity, contributing $47 billion to the second quarter’s overall total.While the increase in transactional volumes was heralded as a positive sign in the face of global economic uncertainty, activity levels in Q2 still fell 1 percent from the same period in 2011, and the first half of 2012 showed a 7 percent drop from the same time last year. Jones Lang LaSalle predicted that rising prices in core locations may create investment opportunities in secondary markets, providing a boost in activity to the year’s second half. Based on this, the company retained its $400 billion full-year volumes forecast.[COLUMN_BREAK]The United States showed quarter-over-quarter and year-over-year gains, working its way up closer to the $40 billion transactions mark. Approximately 35 percent of its deals involved cross-border parties.Meanwhile, New York, San Francisco, and Washington, D.C. (in that order) continued to top the list of U.S. cities most targeted by foreign investors. The list of the top 10 U.S. markets most involved in cross-border purchases also includes several newcomers, including Miami, Minneapolis, and Phoenix.””Core U.S. real estate throughout primary and many secondary cities remained very attractive to both domestic and foreign investors, based on absolute initial yields on offer, and their spread over record-low Treasury rates,”” said Josh Gelormini, VP of Americas Research, Jones Lang LaSalle. “”The U.S. is also benefitting from a safe haven strategy, as other global markets appear on shakier ground, particularly given the ongoing Eurozone crisis.”” In addition, New York, Chicago, San Francisco, and Los Angeles made the list of the top 10 most active global cities, with New York reaching third place and Los Angeles, Chicago, and San Francisco (in that order) rounding out the bottom three spots.A release from Jones Lang LaSalle pointed out that demand in U.S. real estate is likely increasing because it is the safest bet in the current global economy.””Although U.S. growth appears relatively weak, compared with most other fully mature economies, growth is stronger, and investment into real, tangible assets in the country is attractive as a defensive strategy in volatile, challenging economic and market conditions in developed and emerging countries alike,”” said the company. July 27, 2012 419 Views center_img Overseas Investors Flocked to Real Estate in Q2 Sharelast_img read more

Companies Collaborate for Residential Asset Monitoring Module

first_img “”Smithfield & Wainwright””: is teaming up with “”Marshall & Swift/Boeckh””: to launch a new, automated solution for evaluating properties and resulting portfolios of mortgage loans. Releasing the Residential Asset Monitoring (RAM) module, the companies’ initiative will give banks and lenders a more comprehensive, “”forward-looking”” method for assessing the value of residential real estate and, ultimately, their portfolio health and compliance procedures.[IMAGE] Taking an intensive approach to researching and developing the program, S & W spent four years working with Florida State University and other universities to test and validate the RAM solution. [COLUMN_BREAK]Lenders tapping into the RAM tool will gain a fully automated service which allows for the entry of individual or batched properties in order to generate valuation reports for each address via S & W’s proprietary LPV system.In an official statement, S & W noted that the RAM process uses the “”three accepted appraisal valuation approaches–sales comparable, cost, and income”” to help companies “”monitor and value their mortgage loan portfolios.”” Elaborating on the RAM solution, S & W’s chairman and CEO, “”Big”” Hogan E. Copeland II, stated, “”The RAM solution allows for an objective view of valuation and provides a standardized valuation approach for dealing with Tier 1 Capital requirements and capital impairment. The ability to provide a concise view of assets provides assurance that the institutions holding real estate portfolio assets provide a transparent picture not only for regulators but also for rating agencies and shareholders. This paradigm of the RAM solution will help stabilize the U.S. real estate markets.”” Adding his commentary, MSB’s VP of real estate-government business, Todd Eyler, noted, “”We’re pleased that MSB’s trusted re-construction cost data is an important part of the RAM solution. Our collaboration with Smithfield & Wainwright provides a solution to help banks value residential mortgage collateral using multiple forward looking approaches to value.”” Agents & Brokers Attorneys & Title Companies Company News Investors Lenders & Servicers Processing Service Providers Valuation 2012-11-26 Abby Gregory in Data, Government, Origination, Secondary Market, Servicing, Technology November 26, 2012 444 Views center_img Companies Collaborate for Residential Asset Monitoring Module Sharelast_img read more

CFPB Consumer Complaints Nearly Double in 2013

first_imgCFPB: Consumer Complaints Nearly Double in 2013 Share April 1, 2014 405 Views Consumer complaints to the Consumer Financial Protection Bureau (CFPB) nearly doubled over the course of 2013, the agency revealed in an annual report.According to CFPB’s figures, complaint volume last year totaled 163,700, an 80 percent increase from the 91,000 recorded complaints in 2012. Including this year, the bureau has received more than 310,000 complaints to date.The leap in volume underscores the challenges that still remain despite the progress made by financial industries in the last few years.“Consumer complaints have become central to the work of this agency. They enable us to listen to, and amplify, the concerns of any American who wants to be heard,” said CFPB Director Richard Cordray. “They are also our compass. They make a difference by informing our work and helping us identify and prioritize problems for potential action.”Areas of dissatisfaction ranged from bank accounts to debt collection to all manner of loans—including mortgages, which represented the greatest share of complaint volume at 37 percent.At 59 percent, the greatest share of mortgage-related issues came up when borrowers were unable to pay, “such as issues relating to loan modifications, collections, or foreclosures,” CFPB said in its report. At a distant second in volume was “making payments” (26 percent), followed by complaints about applying for a loan (8 percent).“For consumers applying for a mortgage loan, consumers raise issues related to interest rate-lock agreements, such as lenders refusing to honor rate-locks, or assessing penalties when the loan does not close,” the agency explained.Upon receiving a complaint, CFPB expects companies to respond within 15 days and to provide a description of the steps taken or planned. According to the bureau, companies have responded to more than 93 percent of complaints sent to them, and consumers have disputed 21 percent of those responses.About 7 percent of complaints end up with some form of monetary relief, according to CFPB, with the median amount coming to $460 for mortgage-related complaints.center_img in Daily Dose, Featured, Government, Headlines, News 2014-04-01 Tory Barringerlast_img read more

HELOCs Increase 158 Percent YearOverYear

first_img Equifax HELOC Originations 2015-03-31 Samantha Guzman HELOCs Increase 15.8 Percent Year-Over-Year Home equity lines of credit (HELOC) are increasing in the United States, according to Equifax’s National Consumer Trends Report. In 2014, more than $120 billion worth of HELOCs were originated, which is a 21.5 percent year-over-year increase. In addition, more than 1.2 million new HELOCs were opened in 2014, a 15.8 percent increase from the year before. These represent six year highs for HELOC originations.”Home equity lines of credit, or HELOCs, are attracting more borrowers now that many borrowers once again have sizeable equity in their homes – nationally home values have increased about 26% on average since January 2011,” said Amy Crews Cutts, Chief Economist at Equifax. “Many homeowners with a low-rate first mortgage will be reluctant to refinance that mortgage into a higher rate and rules for cash-out refinance are onerous relative to home equity loans. Over the next several years, HELOCs should continue to attract substantial consumer interest as a way to maintain low rates on primary mortgages while also gaining access to accumulated home equity for home improvements, tuition or other important uses.”Mortgage industry write-offs continue to decrease. From February 2014-2015, home equity revolving lines of credit write offs decreased 32.9 percent. First mortgage writes decreased 30.1 percent and home equity installment loans decreased 17.8 percent.”Employment gains in 2014 were huge as more than three million jobs were added to the U.S. economy,”Cutts said. “With strong improvements in labor markets mortgage delinquencies and write-offs fall. Rising home values are also helping pull more homeowners back into the black on their mortgages and reducing the incentive to default. These trends show no signs of slowing so 2015 should see further improvements in mortgage and home equity loan performance.”Total mortgage balances and accounts outstanding are also decreasing. As of February, the amount of first mortgage accounts decreased 0.8 percent from a year ago, totaling to $8,150. 1 billion and 49. 9 million accounts. The home equity installment loans balanced decreased 16.9 percent to $137.2 billion and accounts decreased 10.9 percent to 4.6 million accounts. The home equity revolving lines of credit balance decreased 3.2 percent to $512.2 billion and accounts decreased 5 percent to 11.4 million compared to a year ago. Sharecenter_img March 31, 2015 620 Views in Daily Dose, Featured, Originationlast_img read more

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A Rising Tide of Potential Housing Damages

first_img Earlier this year, the National Centers for Environmental Information reported natural disasters caused more than $300 billion in damages during 2017, a record-setting year that encompassed several damaging hurricanes, as well as wildfires and mudslides in California. According to a new report by the Union of Concerned Scientists (UCS), however, the long-term risks from climate change-related flooding stands to become much worse by the end of the century.The UCS report states that as many as 311,000 coastal homes will be at risk of chronic flooding within the next 30 years—coincidentally, as the report points out, the average lifespan of a mortgage. Those potentially affected homes are worth around $120 billion today. Nearly 14,000 coastal commercial properties will also be at risk of chronic flooding during that time frame, with an assessed value of around $18 billion. The potential economic damage will become much worse as we near the end of the century, the UCS reports.By the end of this century, the UCS report estimates that homes and businesses worth a combined current value of more than $1 trillion could be at risk from chronic, climate-change-related flooding. How does that trillion break down? It works out to approximately 2.4 million homes, currently worth nearly $912 billion, and around 107,000 commercial properties, currently assessed at $152 billion.To put that in further perspective, those 2.4 million homes are roughly the equivalent of every home in both Los Angeles and Houston combined. The UCS report defines “chronic flooding” as “flooding an average of 26 times per year or more.”“What’s striking as we look along our coasts is that the significant risks of sea level rise to properties identified in our study often aren’t reflected in current home values in coastal real estate markets,” said Rachel Cleetus, an economist and policy director for the Climate and Energy Program at UCS, as well as a report co-author. “Unfortunately, in the years ahead many coastal communities will face declining property values as risk perceptions catch up with reality. In contrast with previous housing market crashes, values of properties chronically inundated due to sea level rise are unlikely to recover and will only continue to go further underwater, literally and figuratively.”The UCS report explains that “the properties at risk by 2045 currently house roughly 550,000 people and contribute nearly $1.5 billion toward today’s property tax base. These numbers jump to about 4.7 million people and $12 billion by 2100.”“For some communities, the potential hit to the local tax base could be staggering,” said Kristy Dahl, a senior climate scientist at UCS and report co-author. “Some smaller, more rural communities may see 30, 50, or even 70 percent of their property tax revenue at risk due to the number of chronically inundated homes. Tax base erosion could create particular challenges for communities already struggling with high poverty rates.”Nor are these dangers strictly limited to decades down the road. A recently released CoreLogic report estimated that that 6.9 million homes could be at risk of hurricane storm surge damage in 2018, with more than $1.6 trillion in potential reconstruction costs at stake. Climate Change floods 2018-06-18 David Wharton A Rising Tide of Potential Housing Damages in Daily Dose, Featured, journal, Market Studies, Newscenter_img June 18, 2018 592 Views Sharelast_img read more

Mortgage Rates Drop

first_img December 13, 2018 3,045 Views Mortgage Rates Drop in Daily Dose, Featured, Market Studies, News, Origination, Servicing Freddie Mac’s latest Primary Mortgage Market Survey results revealed a significant drop in mortgage rates, reaching its lowest point in three months. The survey results for the 30-year fixed-rate mortgage (FRM) averaged 4.63 percent with an average 0.5 point for the week ending December 13, 2018—a drop from an average of 4.75 the week prior. It noted that the 30-year FRM averaged 3.93 percent the same period a year ago. “The 30-year fixed fell to 4.63 percent this week – the lowest it has been since mid-September,” said Sam Khater, Chief Economist at Freddie Mac. Sharing her insights on the Freddie Mac release, Danielle Hale, Chief economist at, said, “Mortgage rates slipped further this week as previous volatility in stock and bond markets was passed through to borrowers. At 4.63 percent, rates are the lowest they’ve been since mid-September, but remain 70 basis points above year-ago levels.”In the 15-year FRM category, the average was at 4.07 percent with an average 0.5 point—recording a decline from an average of 4.21 percent the past week. Last year, the 15-year FRM averaged 3.36 percent. The 5-year Treasury-indexed hybrid adjustable-rate mortgage (ARM) averaged 4.04 percent with an average 0.3 point. This is a decline from last week’s average of 4.07. The 5-year ARM averaged at 3.36 percent in 2017. Khater pointed out that “mortgage rates have either fallen or remained flat for five consecutive weeks and purchase applications have seen an uptick in demand on account of the lower rates. “While the housing market softened in response to higher rates through most of this year, the combination of a low unemployment and recent downdraft in rates should support home sales heading into the early winter months,” he said. Hale indicated that lower rates may be a lucky break for home buyers still shopping, enticing those hoping to buy a home next year to start their search early. “Although we don’t see it in this week’s data, momentum has started to shift and rates are likely lining up to resume their upward climb,” she said.center_img Danielle Hale Freddie Mac Home Sales Mortgage Rates Sam Khater 2018-12-13 Donna Joseph Sharelast_img read more

January 18 2019

first_imgJanuary 18 , 2019 You might also be interested in Fyffes launches Global Gender Equality Program in … Ireland-based Fyffes has signed an agreement officially recognizing the Union of Agroindustrial Workers (STAS) as the representative of workers at its Honduran melon subsidiary Sur Agrícola de Honduras (Suragroh).The Federation of Agroindustrial Worker Unions (Festagro) said in a statement that STAS on Jan. 11 had held a meeting with representatives of the multinational owned by Japanese company Sumitomo.Collective bargaining negotiations between Fyffes and STAS are due to begin on Feb. 5, it said, adding that Fyffes also agreed to rehire union members by Jan. 21.center_img The development comes after Fair Trade USA decertified Suragroh in December, saying the entity was non-compliant with several of its standards. It said that a “thorough on-the-ground audit and investigation” had confirmed issues related to wages and benefits, worker health and safety, and freedom of association.”STAS recognition from Fyffes is an important step toward improving working conditions at Fyffes’ subsidiaries, i.e. abiding by Honduran labor law and international labor standards; given that STAS is a legally constituted union with every right to represent Fyffes workers,” Festagro said.It went onto say: “We deem Fyffes’ new posture towards respecting its workers’ rights as positive and expect that this agreement will mean that any and all anti-union retaliation will come to an immediate end.”Workers and union members should be free from all forms of harassment and not face retaliation for attending STAS meetings or distributing union materials at work.” Ethical Trading Initiative terminates Fyffes’ memb …last_img read more

Californiaheadquartered avocado company Mission P

first_img California-headquartered avocado company Mission Produce says it is going to continue to develop and innovative the category this year, amid expectations of substantial growth from one of its key supply regions and an unusual situation expected in the U.S. market.Denise Junqueiro, director of marketing, told that with the various marketing programs launched over the last couple of years as well as recently announced trials this year with a shelf-life-boosting technology, the company is confident of fulfilling the needs of its customers and avocado consumers and helping to further grow the rapidly expanding category.”In 2019 you’re going to continue to see us stretching the category, developing and innovating, just as you’ve seen before,” she said.Denise Junqueiro, director of marketing at Mission ProduceAt the beginning of March Mission launched a new ripening and merchandising program called Ready, giving consumers the choice to buy avocados that are ready to eat now or in a few days’ time. Customers who have trialed the program have seen double-digit growth, Junqueiro said.Ready complements another program launched one year ago called Emeralds in the Rough – two- and three-pound bags of grade 2 fruit – and the Minis program involving small-sized fruit launched in 2017.”Emeralds in the Rough has been going well, we actually just started to launch it in Europe. It was showcased this year at Fruit Logistica and the European team got quite a bit of interest from that market,” she said.”A lot of our programs have been about utilizing the whole tree and really trying to create some solutions to various situations that our customers have had. So there’s been a tremendous amount of effort to become a lot more sustainable and reduce waste, and you’ll see that through the other programs that we’re developing.”Earlier this year Mission also announced that it had partnered with Hazel Technologies, which has developed a shelf life extension product. The company has been testing it over the last couple of years and is now ramping up more trials with its customers and has received positive results.”We’ve partnered with Hazel because through all the research we’ve done we’ve seen its 1-MCP packet as one of the most sustainable ways to extend the shelf life of the fruit,” she said. “So far in the trials it’s really low in terms of the demand it puts on your whole supply chain. It also helps to extend the internal quality of the fruit, which has been a really positive outcome from our test trials with it”We’re running a lot of tests with various customers. I think you’re going to see more about this later on in the year – we’ve got some things up our sleeve.”She added that Mission continues to look at consumer behavior to better understand what they are looking for and why they buy. “With a lot of these programs that we’re developing, not only are we able to utilize more of that tree and service more of our growers, but we’re also servicing our consumers and retail or wholesale partners, because the programs provide the consumer with exactly what they want for their meal planning, for their lifestyle, and for how they engage in life using avocados,” she said.”So we’re going to continue to stay on that trend, we’re going to continue to push the envelope, to continue to look to what’s that innovative piece, we’re going to continue to ask questions from consumers and our partners across the board, and we’re going to try and find solutions to that.” March 25 , 2019 This story is exclusive to Fresh Fruit Portal. If you would like to reproduce any elements of it on other sites or publications, please make a request to our editorial team at Investments in South AmericaAlong with its programs, Mission is also focusing a lot of attention on building its global sourcing footprint in order to offer consistent, multi-source, year-round supplies – not just exploring but also “pushing the boundaries”, according to Junqueiro.As part of this strategy, one region where the company has been investing heavily is Peru, where it now owns around 2,500 hectares of avocado orchards – a figure that continues to rise – and the largest avocado packhouse in the world.One of Mission Produce’s Peruvian avocado orchards”Peru has definitely been a game-changer for the company,” she said. “We see Peru as a source that can really assist in keeping up with the growing demand continue to be able to supply the world with avocados. Just looking at supply and demand of avocados over the next 10 to 20 years, there’s going to have to be a lot of supply to meet that demand.”Mission has also been investing in Colombia through its partnership with Cartama. Even though production is still relatively limited compared to more mature supplying regions, Junqueiro said strong growth was expected over the coming years.”Colombia has a complementing season to Mexico where it’s pretty much a year-round production. So as Colombia matures and grows as a source I think we’re going to continue to mature and grow with it, just as we’ve done with Peru,” she said.Junqueiro also anticipated there would be continued growth out of Mexico and the Dominican Republic, while Guatemala – which does not yet have access to the U.S. – looked set to increase volumes too.California avocado seasonThe situation in Mission’s local supply region, California, is an interesting one this year. Volumes in the state are forecast to be down by half year-on-year at 175 million pounds (79,000 metric tons), which would be their lowest level in a decade. Junqueiro anticipated a lot of the harvest would stay toward the West Coast, with some exports taking place but less than in previous years.”We’re hoping to stay as steady as possible. You’re not going to see any types of heavy promotions, but you’re actually going to see different types of promotions just around it being California and what California means,” she said.Volumes would likely ramp up around April and May, she said, hopefully with steady volumes through July, but that would be weather- and market-dependent.As for conditions in the U.S. market, Junqueiro said the outlook was unclear.”But I think that what we are going to see going on in the market – especially through the summer – is Mexico is having more volume. So I think you’re going to see some of Mexico’s volume offset what’s going on with California, which you haven’t seen in the past,” she said.”Usually you’ll see the Mexico promotions kind of go dark during the California season but since it is down this year and Mexico does have more harvest you’re going to see a little more of Mexico than you normally would do in those months.” Mexican avocado exports to U.S. surge 25% in Cinco … Peruvian avocados: Export value grew to record US$ … Avocados in Charts: Market jumps US$5 in one week … U.S.: Avocado price spike ‘largely the result of u … You might also be interested inlast_img read more

He said the package ensures farmers do not bear t

first_imgHe said the package “ensures farmers do not bear the brunt of unfair retaliatory tariffs imposed by China and other trading partners”.”Our team at USDA reflected on what worked well and gathered feedback on last year’s program to make this one even stronger and more effective for farmers,” he said.The USDA says that further details regarding eligibility and payment rates will be released at a later date.Aid package “insufficient to make the industry whole”In response to the release of the trade assistance package, Western Growers president & CEO Tom Nassif issued the following statement:“We appreciate the efforts of the Administration to again partially offset the damages being incurred by the agriculture industry as a result of the ongoing trade war with China. In particular, we are pleased that the direct payment options have been expanded to include both table grapes and the broader tree nut industry.“However, we are disappointed that funding for the export promotion program was cut in half, to just $100 million, despite the fact that it was massively oversubscribed during the last round of trade assistance. As a silver lining, we see this situation as an opportunity to open up new markets for American agricultural products in other parts of the world.“Regardless, it is important to acknowledge that the current trade aid package – as was the case with the last one – will be insufficient to make the industry whole. Indeed, it will take American farmers many years, if ever, to recover from the lost trade revenues and, more importantly, lost markets that have resulted from the continuation of trade disruptions with China.“As I stated in response to the last trade mitigation plan, our farmers are competing in a global marketplace with rivals who are already taking advantage of the supply gaps left by these artificial trade barriers. We again urge the rapid and successful conclusion of our trade conflicts with China and the restoration of commerce between American family farms and buyers across the globe.” May 23 , 2019 U.S. Secretary of Agriculture Sonny Perdue today announced that the Trump Administration will provide up to US$16 billion in trade war relief programs to help farmers who have been impacted by the ongoing trade war with China.The centerpiece is cash payments under the Market Facilitation Program (MFP) totaling US$14.5 billion to producers of a variety of crops as well as dairy and pork producers impacted by retaliatory tariffs.Additionally, US$1.4 billion will be made available under the Food Purchase and Distribution Program (FPDP) of purchase surplus commodities affected by trade retaliation including fruits and vegetables for distribution by the Food and Nutrition Service (FNS) to food banks, schools, and other outlets serving low-income individuals.U.S. tariff revenue collected by the Treasury would be used to support the program, according to the U.S. Department of Agriculture (USDA).The move follows a major escalation in the trade war earlier this month when both countries raised tariffs on each other for a wide range of imports. Last year the U.S. Government provided a US$12 billion support package to help farmers offset losses from tariffs imposed by various countries.”China hasn’t played by the rules”The USDA says the US$16 billion support package is in line with the “estimated impacts of unjustified retaliatory tariffs on U.S. agricultural goods and other trade disruptions”.“China hasn’t played by the rules for a long time and President Trump is standing up to them, sending the clear message that the United States will no longer tolerate their unfair trade practices, which include non-tariff trade barriers and the theft of intellectual property,” Perdue said. Canada considers retaliatory tariffs on U.S. apple … You might also be interested inlast_img read more

baliBrochuresGili Islands

first_imgbaliBrochuresGili Islands The 2018-19 Venture Far Bali, Lombok + The Gili Islands brochure is out now, with newly introduced resort icons offering further insight into each property and suitability for Family + Friends, Romance, Wellness, Luxury, Water-Life and villa-style accommodation easily identified with ‘Villa’ icons.Highlights include:Exotic True Bali Discovery – an affordable 7 day/6 night experience, taking in Bali’s many cultural highlights and magnificent vistas – well away from any tourist trapsA range of 4 day/3 night indulgent detox, health, wellness, yoga or spa experiencesSafari tent style ‘glamping’ on a 4 day/3 night Bali Beach Glamping + Dive Centreexperience to Menjangan on Bali’s north western coastWitness the spectacle of Komodo Dragons in the wild and the natural beauty of Pink Beach on the 3 day/2 night Komodo Island AdventureCruise the Rungan River in the wilds of Kalimantan Island and discover Orangutans intheir natural habitat on a 4 day/3 night Orangutan Kalimantan River Cruise Quest – designed for the intrepid travellerlast_img read more

The Globus Family of Brands chose World Environmen

first_imgThe Globus Family of Brands chose World Environment Day yesterday (Wednesday 5 June) to announce plans to increase sustainability efforts and reduce waste while also contributing to The Ocean Cleanup: A non-profit organisation focused on ridding the world’s oceans of plastics. “It’s never been more important for companies to take a role in cleaning up our planet while also reducing and recycling waste,” said Gai Tyrrell, Managing Director Australasia of the Globus family of brands. “Now, we’re asking our travellers to join us by favouring electronic travel documents over paper ones. When they do, our planet benefits.”As part of its increased sustainability efforts, the Globus family of brands – comprised of Globus, Cosmos, Monograms and Avalon Waterways – is asking travellers to choose e-documents over printed travel itineraries, prior to their holidays. When they choose the eco-friendly option – eliminating paper and plastic use and waste – the Globus family will donate funds to The Ocean Cleanup to aid in their unprecedented efforts to clean-up the world’s oceans.In addition to encouraging travellers to get involved with the Globus family’s efforts to support The Ocean Cleanup, Avalon Waterways – the company’s award-winning river cruise operator – is increasing efforts to offer cruisers sustainable, responsible river cruising.“The vibrant and beautiful natural surroundings of the world’s rivers are a benefit of river cruising,” said Pam Hoffee, managing director of Avalon Waterways. “And it is up to Avalon – and other river cruise companies – to preserve this precious environment around us. As a result, we have taken great strides to improve monitoring and measurement to reduce our environmental impact, to save water, to limit waste and to foster a sustainability culture among our crew and guests.”Over five trillion pieces of plastic currently litter the ocean. If left to circulate, the plastic will impact our ecosystems, health and economies. The Ocean Cleanup has developed advanced technologies to eliminate plastics in our oceans. The non-profit organization has plans to cleanup 50 percent (50%) of the Great Pacific Garbage Patch in five (5) years. Avalon WaterwayscruiseGlobus Family of FriendsSustainableThe Ocean Cleanuplast_img read more

This came on the heels of throwing a nearintercep

first_imgThis came on the heels of throwing a near-interception on Arizona’s first drive, but 49ers safety Eric Reid just dropped it.Admit it, you were thinking Palmer would throw four picks and the Cardinals would get blown out, right? I know that thought crossed my mind.But, as he has done all season long, the veteran quarterback showed the almost uncanny ability to wipe his memory clean and just keep playing football. Palmer finished the day 28-of-49 for 407 yards and two touchdowns. He finished the season with a career-high 4,267 passing yards and became the first player in NFL history to record a 4,000-yard passing season with three different teams.“He’s a resilient guy. I can’t say enough about how tough he is mentally,” head coach Bruce Arians said following the game. “Again today, he threw an interception that did lead to a touchdown, but he bounced right back.“You know something good is going to happen sooner or later, because he’s going to keep sending it in there.”Palmer did throw 22 interceptions this season, the second-most in the league. But more than half of them (12) came in games the Cardinals won, showing that the former Heisman Trophy winner has the innate ability to “shake it off.” Comments   Share   Boldin, who starred for the Cards from 2003 to 2009, made his first trip to UOP Stadium as a visitor, and let’s just say he was a rude guest. Boldin had nine catches for 149 yards and a touchdown. His 63-yard reception set up the 49ers’ second touchdown. But he wouldn’t have another catch until the fourth quarter, but we saw vintage #81 on San Francisco’s last two field goal drives, including a huge 18-yard catch on first down, just two plays before Dawson’s game-winner.He finished the season with 85 catches for 1,179 yards and seven touchdowns — not bad for a 33-year-old guy who has been traded and cut in the last four years.5Will the real Rob Housler please stand up? – If there has been a more frustrating player on the Cardinals’ offense this season than third-year tight end Rob Housler, I’d like to know who it was.After being effectively benched last week in Seattle after a drop and taking what appeared to be an easy touchdown pass off the face, Housler struggled again early Sunday. He had another drop on a pass that should have been a touchdown and ran what appeared to be the wrong route on a deep pass from Palmer.But unlike the Seattle game, Housler forged on to make a few positive plays, including a nice 24-yard reception on the drive that led to Feely’s game-tying field goal. GLENDALE, Ariz. — Well, it’s over. A thrilling 2013 campaign ended for the Arizona Cardinals Sunday with a hard-fought 23-20 loss to the San Francisco 49ers at University of Phoenix Stadium.Fittingly, it was a game that followed a prevalent theme of the season — perseverance. The Cardinals shot themselves in the foot early and often, digging themselves a 17-0 hole after one quarter of play. But, as they’ve done all year, the Cardinals clawed their way back into the game. This time, behind a stout run defense and 407 yards and two touchdown passes from Carson Palmer. It’s been a while since I’ve said this, but I personally can’t wait until September to see what’s in the next chapter of this book. – / 22 Derrick Hall satisfied with D-backs’ buying and selling The 5: Takeaways from the Coyotes’ introduction of Alex Meruelo San Francisco made plays down the stretch, including a 40-yard field goal from Phil Dawson as time expired to give them the victory and their second-straight season sweep of the Cardinals, who finished 10-6.Here are six things that stood out to me from Sunday’s game (and the season)…1This run defense is special – The 49ers raced out to a 17-point lead and couldn’t run the football against the Cardinals. In fact, San Francisco accumulated only 40 yards on the ground in the last 45 minutes of the game. Frank Gore had 11 carries for eight yards after the first quarter, and finished the game with just 14 yards — his lowest output of the season.Over the last eight games of the season, the Cardinals’ defense allowed an average of 80.6 yards per game to their opponents. They allowed two opposing runners — Maurice Jones-Drew of Jacksonville and Zac Stacy of St. Louis — to reach the end zone.2Carson Palmer is one resilient S.O.B – It happened again Sunday. Palmer threw an early, ugly interception. On the Cardinals’ second possession, Palmer almost inexplicably threw a ball intended for Michael Floyd, who had five San Francisco defenders near him. Linebacker NaVorro Bowman made the pick and returned it to the Cardinals’ 16-yard line. Five plays later, Colin Kaepernick hit Anquan Boldin on a 4-yard touchdown throw. Housler finished the game with five catches for 78 yards, and had a career-high 454 yards this season. But most would agree, he has not been the downfield threat he was advertised as when he was drafted out of Florida Atlantic three years ago.6Just the beginning – The Cardinals’ locker room had a strange feel to it after Sunday’s game. Optimism and sadness were palpable in equal measure. Yes, the Cardinals knew that whatever happened in Glendale was meaningless, as the New Orleans Saints were well on their way to clinching the sixth and final NFL playoff berth by bludgeoning the Tampa Bay Buccaneers. But they didn’t care. They just wanted a win over the 49ers to send them into the offseason as one of just three teams in league history to win 11 games and not make the playoffs. That didn’t happen — thus, the sadness.But under all that was a thick layer of optimism. A new GM and coaching staff came in and completely rebuilt a team that just one year ago, was reeling from a 5-11 season. Now they’ll watch the postseason from home, with an eye to the future.Defensive tackle Darnell Dockett may have summed it up best. “Like Bruce Arians says, this is the beginning, this is the first year,” he said. “We were 10-6 and missed the playoffs by a game. We will regroup and we will continue to work. We will be one dangerous team next year.” Top Stories While Palmer’s season was certainly not Pro Bowl-caliber, one can make a solid argument that he was the team’s offensive MVP this season.3Feely, Nothing more than Feely… – Talk about your roller coaster rides — that’s what Jay Feely’s season was. The veteran kicker’s season featured quick accelerations, sharp dips and even some vomiting.Feely was in Arians’ doghouse early, after missing a 30-yard field goal in a preseason game against the Dallas Cowboys, and every time he found his way out of it, something pulled him back in. Sunday’s performance didn’t help Feely’s chances to be re-signed in the offseason. He missed a 37-yard field goal in the first quarter and a 43-yarder in the fourth quarter.When asked what he said to his kicker following the game, Arians was brief.“Nothing,” he said.For as good as Feely has been in his four-year stint with the Cardinals — he’s hit 98 of 115 field goal attempts — I’d be willing to bet we’ve seen his last kick for the Cardinals.4Anquan Boldin is still incredible – Making the loss a little more painful for Cardinals fans was the fact that one of their favorite sons was inflicting heaping helpings of damage on the home team. Former Cardinals kicker Phil Dawson retires Grace expects Greinke trade to have emotional impactlast_img read more

Isabella led college football with 1698 receiving

first_imgIsabella led college football with 1,698 receiving yards last season, including 13 touchdowns. But within those numbers, Pro Football Focus says that arguably his most dangerous ability is his speed working down the field.His best route is the go, and the numbers show just how deadly he is by simply outrunning defensive backs.Isabella was a pick-your-poison kind of guy when it came to his route tree. He was dominant on screens, incredibly efficient on hitch routes but was the only draft-class receiver who came close to (Stanford WR J.J. Arcega-Whiteside’s) production on go concepts. On 22 targets, Isabella racked up 597 yards on 13 receptions, as every single one of his go route receptions moved the chains (seven first downs) or scored six points (six touchdowns). Isabella is more than just a slot weapon, and his downfield ability on go routes proves just such.Related LinksLike Kyler Murray, Cardinals’ Andy Isabella is an undersized underdogCardinals loved work ethic, speed of receiver Andy IsabellaCardinals draft WR Andy Isabella with 62nd pick from Josh Rosen tradeThe even better news is that Isabella’s new quarterback, rookie No. 1 overall pick Kyler Murray, produced while throwing to go routes at Oklahoma last season.Of the Heisman winner’s 4,361 passing yards, 925 of them on 39 receptions were accumulated on that specific route, per PFF.The targeted passes averaged 21.7 yards past the line of scrimmage, but Murray had a 62% adjusted completion percentage on such throws (the statistic “accounts for incompletions outside the quarterback’s control”). In other words, Murray was plenty accurate on go routes. Arizona Cardinals’ wide receiver Andy Isabella works out during an NFL football rookies camp, Friday, May 10, 2019, at the team’s’ training facility in Tempe, Ariz. (AP Photo/Matt York) 5 Comments   Share   Derrick Hall satisfied with D-backs’ buying and selling The 5: Takeaways from the Coyotes’ introduction of Alex Meruelo Top Stories center_img The Arizona Cardinals promise that rookie Andy Isabella isn’t a one-trick receiver.Standing 5-foot-9, he profiles as a water-bug slot receiver who can make quick work in small spaces.Isabella does, however, have some juice. He ran a 4.31-second 40-yard dash at the NFL Draft Combine, and head coach Kliff Kingsbury said the day he was drafted that Arizona would ideally want Isabella to move around.“He had a lot of production inside and outside and that’s what’s exciting to us, is his ability to play on the outside and create space,” Kingsbury said. “He’s dangerous on the inside as well. But he’s a guy that showed he could do both at a high level.” Grace expects Greinke trade to have emotional impact Former Cardinals kicker Phil Dawson retires And that’s likely why selecting Isabella with the 62nd overall pick felt so necessary to the Cardinals.last_img read more

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Go back to the enewsletter Qantas Frequent Flye

first_imgGo back to the e-newsletter >Qantas Frequent Flyer members can now earn Qantas Points for booking and catching a taxi through taxi booking app, goCatch.Qantas Frequent Flyer members can earn one Qantas Point per dollar spent on taxi fares over $10. In addition, new goCatch customers will be entered into a competition to win a share of 500 thousand Qantas Points when they add their Qantas Frequent Flyer membership details to their goCatch account and book and pay for taxi travel over $10 between 9 October and 9 November 2015.Qantas Loyalty Chief Executive Officer Lesley Grant said Frequent Flyer rewards are well within reach for those who maximise their points earn across their everyday spend.“Today we offer well over 15,000 opportunities to earn points through day-to-day activities and adding goCatch means our members have yet another chance to effortlessly boost their points balance and reach rewards sooner,” said Ms Grant.“Members can effectively double-dip on points when catching a taxi if they use goCatch to book and pay for taxi fares over $10 on a Qantas Points-earning credit card.goCatch CEO Ned Moorfield said the partnership with Qantas signalled a significant corporate milestone for goCatch.“At goCatch, we strive to provide fast, reliable and convenient transport solutions for our customers, just like the national carrier, Qantas,” said Mr Moorfield.“We already know that over 350,000 Australians have downloaded goCatch – so now there’s an even more compelling reason to book and pay through our app for taxi travel.“This partnership highlights our ongoing commitment to offering the very best products and services by allowing our customers to get where they are going faster and earn Qantas Points at the same time.”Go back to the e-newsletter >last_img read more