Ministry mulls providing companies soft loans to pay Idul Fitri bonus

first_imgThe COVID-19 pandemic has disrupted business activity as consumers stay at home to curb the virus spread, resulting in weakening demand. Companies across the country, mainly those operating in the hospitality sector, have furloughed or laid-off employees. Read also: COVID-19: Govt reminds businesses that Idul Fitri bonuses are ‘mandatory’Indonesia usually sees household spending, which accounts for more than half of economic activity, peak during Ramadan and Idul Fitri, as companies and the government pay bonuses to employees and civil servants, respectively.While some companies have struck a deal with their workers or unions to pay their THR in installments, Agus said companies that could not come to an agreement with their workers could apply for the loans. The Industry Ministry is discussing the possibility of providing businesses with soft loans to enable them to pay Idul Fitri holiday bonuses (THR) as the economic downturn is forcing companies to withhold or cut the bonus payment.The ministry is in discussion with the central bank and the Financial Services Authority (OJK) over the matter, Minister Agus Gumiwang Kartasasmita told journalists during an online press briefing on Tuesday.“We are preparing a soft loan scheme for hard-hit industries so they can pay THR to their employees in full,” Agus said. “During a dialogue with industrial company associations, the companies said they were willing to pay their workers’ THR even though they had to take loans out from banks,” he said.Previously, Coordinating Economic Minister Airlangga Hartarto reminded businesses that they were obligated pay THR, despite the economic pressures brought about by the pandemic.Read also: Not all companies unable to pay Idul Fitri bonuses, labor union says as businesses ask for leeway“President Joko ‘Jokowi’ Widodo has discussed the business sector’s readiness to pay THR and [we remind] the private sector that paying THR is mandatory,” Airlangga said during a virtual press briefing on April 2.Meanwhile, the Indonesian Employers Association submitted on April 6 a proposal to the Office of Coordinating Economic Minister and the Workers Social Security Agency, asking to postpone the payment of THR for a year due to the COVID-19 crisis.Topics :last_img read more

Bulldogs Linksters 1st At BC

first_imgRecord at 7-0 (0-0 EIAC)Next match at Jennings County Invitational (4-14)Courtesy of Bulldogs Coach Ben Siefert. Boys Golf results for Saturday (4-17) at the Brown County Invitational. Match was played at Salt Creek Golf Retreat.Batesville 354, Oldenburg 366, Trinity Lutheran 370, Brown County 386, Franklin Central 396, North Decatur 422, Austin 457, Lawrence Central 504.Medalist: Parker VanNess (Brown County) (-2) 69; Runner Up: Tristian Lamppert (Batesville) 75; 3rdPlace; Ross Harmeyer (Batesville) & Adam Mullen (Oldenburg) 84.last_img read more

Bubak best in Lubbock Wrecker Service DCRP Nationals opener

first_img“I was able to find the top early and got going,” Bubak said.  “Jake (Martens) was working the bottom really well, I couldn’t make it stick down there so I just used the top.”  RaceSaver Sprint Cars – 1. Jake Bubak; 2. Jason Martin; 3. Jake Martens; 4. Steven Shebester; 5. Jed Werner; 6. Taylor Velasquez; 7. Luke Cranston; 8. Zach Blurton; 9. Tony Bruce Jr.; 10. Tanner Conn; 11. David Luckie; 12. Brian Herbert; 13. Ty Williams; 14. Brandon Anderson; 15. Koby Walters; 16. Ray Seemann; 17. Tracey Hill; 18. Kyler Johnson; 19. Aric Sooter; 20. Bob Schaeffer; 21. Andy Shouse; 22. Steven Richardson.  DODGE CITY, Kan. (June 13) – The opening leg of the third annual Lubbock Wrecker Service DCRP 305 Sprint Car Nationals picked up right where the 2018 edition left off, with a pair of Jakes slugging it out for the Thursday night feature win atop the 3/8-mile Dodge City Raceway Park clay oval.  Martens gunned into the early lead ahead of Conn with Steven Richardson working past Jed Werner for third in the opening handful of laps.  Richardson moved in to challenge Conn for second, only to have the right rear wheel come off getting into turn three on the 11th round.  Richardson took a tumble that drew the night’s lone red flag but was able to walk away. Conn went to work on Martens for the lead on the restart and used the high side to take command exiting turn two on the 13th circuit, only to have the move negated by Andy Shouse’s turn four caution.  After starting 13th, Martin battled past Martens for second on the 21st round with Martens surviving a tap with the turn two wall to hold off Mustang, Oklahoma’s Steven Shebester for third.   Shebester was fourth with Jed Werner rounding out the top five.  With Bubak pulling the eight in the redraw to start the 25-lap feature outside the fourth row, Martens and Tanner Conn led the way to the green flag. The Lubbock Wrecker Service DCRP 305 Sprint Car Nationals resumes with a second night of preliminary action on Friday, leading the way into Saturday’s championship finale.   In the 15-lap IMCA Sunoco Hobby Stock feature, two-time and defending track champion Reagan Sellard raced into the lead on the second round then held off Tathan Burkhart over the final half of the race to take the win by a carlength.  Conn stumbled on the ensuing restart, losing several positions with Bubak taking over second.  Bubak went to work on Martens in short order with the duo swapping the point on the 16th round before Bubak took over for keeps one lap later.  By Lonnie Wheatley Jake Bubak won the opening night feature at Dodge City Raceway Park’s Lubbock Wrecker Service Nationals. (Photo by Lonnie Wheatley) Hobby Stocks – 1. Reagan Sellard; 2. Tathan Burkhart; 3. Dion Priddy; 4. Matt O’Hair; 5. Duane Wahrman; 6. Danny Schulte; 7. Brett Copeland; 8. Skeets Salazar; 9. Tom Reed; 10. 1Brooke Russell; 11. Brian Thomas; 12. Sheri Berger; 13. Derrick Sprott. This time, Jake Bubak turned the tables on defending race winner Jake Martens, battling into the lead on the 17th round and racing on to the stripe ahead of Jason Martin and Martens. Feature Results “I feel like we got one taken away from us last year. We’re here to win the whole thing this time,” Bubak commented after putting himself atop the point charts and in prime position to secure a lock-in position to Saturday’s $3,000-to-win finale. Bubak snared IMCA RaceSaver Sprint Car honors over a field of 42 entries.last_img read more

Ahmad, Ikefe, Suleman Seek VAT Wonder Goal Glory

first_imgOperating from the left side of attack, Ahmed had picked up the pass from a teammate just after the half line, raced down the left flank beaten two markers, cut back inside the box to release a right footed whip of the ball inside a crowded box to shake the back of the net. It was a strike that the El-Kanemi goalkeeper clueless.In that same fixture in Bauchi where Wikki Tourists ran home with a 3-1 defeat of Niger Tornadoes, it was Andrew Ikefe who got the consolation goal on the 47th minute, smashing home from the edge of the box. Several efforts at clearing their box had failed and the ball fell to an on-rushing Ikefe who steadied his balance with the left foot to hit a low shot with the right.El-Kanemi Warriors were humbled 3-0 in Katsina and Suleiman netted two of the three. His first coming as early as within the 60 seconds from kick-off from a simple flick the ball from close range over the raised hands of the goalkeeper. He would later score from the penalty spot.According to LMC, video clips of the goals are now up on the website of the Nigeria Professional Football League, and the twitter handle @lmcnpfl for fans to vote their preferred goal from yesterday, June 21 to midnight of Saturday, June 24.The VAT Wonder Goal Award attracts a cash prize of N150, 000 for the winner with half of the money donated to a charity to be nominated by the player within the state where the club is located. It is supported by the Federal Inland Revenue Services (FIRS) to promote club-community relationship and also create awareness for tax education.Share this:FacebookRedditTwitterPrintPinterestEmailWhatsAppSkypeLinkedInTumblrPocketTelegram Match Day 24 recorded a rich harvest of 27 goals, six from the penalty spot but the strikes from Ahmad Usman of Wikki Tourists, Andrew Ikefe of Niger Tornadoes and Musa Suleman of Katsina United made it through to the shortlist of three nominees for VAT Wonder Goal number five.Ahmad Usman netted twice, ten minutes apart in the 3-1 defeat of Abubakar Bukola Saraki (ABS) FC at the Abubakar Tafawa Balewa Stadium in Bauchi by hosts, Wikki Tourists and one his goals was near solo effort.last_img read more


first_imgJOCKEY QUOTES TRAINER QUOTES             GARY STEVENS, CATCH A FLIGHT, WINNER: “Moreno was pretty sluggish leaving the gate and I out-broke him by about half a length. On paper and knowing these two horses’ records, it looked like a match race between the two of them and that’s how I wanted to ride it. It worked out where Big Cazanova went up there and kept Moreno occupied down the backside but they were running slow enough fractions for these kinds of horses. It looked like a match race and it was a match race until inside the eighth pole.“Ever since his first win here he’s shown me a lot of tenacity and it was just a question of if he was fast enough to win. He’s just now starting to figure out American racing, I think he’s still improving and I don’t think we’ve seen the best of him yet.”CORNELIO VELASQUEZ, MORENO, SECOND: “My horse, I gave him every chance and he stopped today. The other horse, Catch a Flight, he ran good. My horse, he ran OK.” -30- ERIC GUILLOT, MORENO, SECOND: “It’s typical Moreno fashion. As soon as he got the lead, his ears pricked. What are you going to do with a horse like that? You try and separate yourself, but it’s hard to separate when you’ve got a longshot setting 46 and change fractions. When you’re by yourself and you’re not pressed, it’s a little bit different breathing pattern. He ran good, but that’s why I hate running for 200 grand, but he runs just as good for two million with $400,000 for second as he does for second for $40,000. The plan is to run back in the Gold Cup unless something comes along with a little bit more money, a little bit more prestige. A mile and a quarter, I’ll separate myself a little bit more next time. Hopefully, there’s no cheap speed in there.” RICHARD MANDELLA, CATCH A FLIGHT, WINNER: “We figured he’d be off of those two (Big Cazanova and Moreno). Then it was whether he could catch them or not. When he (Gary Stevens) goosed him at the quarter pole, he responded pretty quickly. Gary knows him well enough. I didn’t try to tell him how to ride him . . . This was a step forward. The time of the race was good and he beat Moreno. Every step he’s made has been forward. We’ll look at the Gold Cup here next ($500,000, Grade I, 1 1/4 miles on June 27).” NOTES: The winning owner is Julio Bozano of Ocala, Fl, who races as Haras Santa Maria de Araras, Inc.last_img read more