Pink Talking Fish To Cover “Stop Making Sense” With Special Guests At The Capitol Theatre

first_imgWe’ve seen a lot of great shows from Pink Talking Fish over the last few years, as the hybrid tribute fusion band continues to make a name for themselves by fusing the music of Pink Floyd, Talking Heads and Phish. The group has given us interpretations of Gamehendge, Dark Side Of The Moon, Animals and so much more, and their newest announcement is quite exciting!Today, the band announced that they would be headlining at The Capitol Theatre in Port Chester, NY, for the first time, on February 3rd. Though PTF has played in Port Chester before, this headlining show certainly looks to be an exciting affair. The group will be playing a full tribute to the famed Talking Heads’ film Stop Making Sense, with the music of Pink Floyd and Phish integrated into the set.Furthermore, the band won’t be alone for this milestone performance! Leo Nocentelli of The Meters, The Turkuaz Horns, Shira Elias & Sammi Garett of Turkuaz, Jen Durkin of Deep Banana Blackout, Jon Braun of Start Making Sense and Adrian Tramontano of Kung Fu will all be joining Pink Talking Fish for the show, and Reed Mathis & Electric Beethoven is on as support. You can hear more Electric Beethoven here.Bassist Eric Gould gets fans excited for this performance, saying “Pink Talking Fish has performed a handful of albums in our career but Stop Making Sense has been one that we have been waiting for just the right moment to release.  The album itself is a mammoth.  Adding Phish and Pink Floyd songs in the mix creates a 3 plus hour show that will challenge the musicians on a deep level.I played a nonstop 5 ½ hour show at Bonnaroo with Particle in 2003 and, to this day, the experience of that marathon performance remains treasured in my heart and soul.  I am so excited to make this event happen with Pink Talking Fish and create an extended live experience involving some of the most exciting songs in music as well as some of our favorite special guests to share the ride!”You can find more information about this event here. Check out the artwork below, created by John Warner.last_img read more

Jimmy Herring Forms New Band, The Invisible Whip

first_imgWith Widespread Panic taking a lull in their touring schedule this year, it seems guitarist Jimmy Herring will be heading out with a new ensemble called Jimmy Herring and The Invisible Whip. Announced this morning, Herring’s new band will feature a number of familiar friends getting together to put down some great music.The band is composed of Jeff Sipe on drums, Jason Crosby on Wurlitzer/Rhodes keyboards, Matt Slocum on the B3 organ, and Kevin Scott on the bass. Though the band has yet to announce any specific tour dates, they write, “Coming soon to a town near you in 2017 and beyond.”We can’t wait to see what the Invisible Whip has in store for us! Herring also has plans to tour with John McLaughlin at the end of this year, so perhaps that tour will feature Herring’s new group. You can see the band’s new poster, below.last_img read more

10 Sets To Catch At All Costs At Suwannee Hulaween 2017

first_imgHere Come The MummiesIt’s hard to say all that much about Here Come The Mummies–that’s sort of the whole point. The band is intentionally “shrouded” in mystery, both metaphorically and literally. Made up of various talented performers based out of Nashville, TN, the members of the band perform under pseudonyms and wrap themselves head-to-toe in mummy garb to obscure their true identities. Some say several of the band members are GRAMMY-winning musicians, and the mummy gag is a way for them to perform outside the constraints of contracts with various record labels. Other say it’s just a schtick, a way to stand out from the crowd. But there’s one thing that anyone who’s seen them play can agree on: their self-described “Terrifying Funk from Beyond the Grave” makes for one hell of a show. Don’t miss your chance to get down with the undead party funk masters when they hit the stage at Hulaween.Watch the official music video for Here Come The Mummies’ “Chaperone” below:The String Cheese Incident’s Halloween SpectacleYou’re likely well aware that host band The String Cheese Incident will perform three sets over the course of the weekend. However, if this year’s Hulaween is your first time at one of Cheese’s festivals, this is vital information, so listen up: SCI’s Saturday performance is always especially spectacular, with over-the-top production, elaborate sensory flourishes, and other general musical badass-ery.String Cheese traditionally prepares a special theme for their infamous Halloween Incidents.Last year’s “Stringier Things” bash–a play on the wildly popular 80’s nostalgia-fueled Stranger Things. The year before, the band tackled the 70’s with help from the GZA for a “Ghoul Train” celebration. The year before that, in 2014, the band tackled a set of covers themed “The Afterlife,” including The Rolling Stones‘ “Sympathy For The Devil,” the Ghost Busters theme, Led Zeppelin‘s “Stairway to Heaven,” Paul McCartney‘s “Live and Let Die,” Michael Jackson‘s “Thriller,” and more. This year’s theme is “Night of the Loving Dead,” and it’s sure to be fantasticCheck out crowd-shot video from last year’s “Stringier Things” Incident at Hulaween via YouTube user Cameron Montgomery:The Whole Damn Pre-PartyOK, we know, this isn’t just one set. But the entire Suwannee Hulaween Pre-Party on Thursday, October 26th surely deserves mention as a truly can’t-miss portion of the festival’s lineup. While it may be billed as a “pre-party” separate from the fest proper, the magnitude of performances scheduled just for Hula’s Thursday puts most full festival lineups to shame: 2 sets of Umphrey’s McGee, 2 sets of Joe Russo’s Almost Dead, and an otherwise “jam”-packed roster of favorites like Greensky Bluegrass, Lettuce, Spafford, The Nth Power, Southern Avenue, Zach Deputy, Eoto & Friends, and more will all take the stage that night–and even when all of that is said and done, the festival won’t have even actually officially started yet. Hulaween is not a party you want to show up to fashionably late. Get in on Thursday, and spare yourself the inevitable regret of hearing your friends talk about how dope the pre-party was all weekend. Don’t say we didn’t warn you…Weekend passes for Suwannee Hulaween 2017 are SOLD OUT. For more information about the event, head to the Hulaween website.[Cover photo via Joshua Timmermans] Summer is now in the rearview and 2017 is slowly slipping into autumn, so the collective attention of live music fans has shifted toward Halloween plans. This year, there’s no “All Hallows” celebration more eagerly anticipated than Suwannee Hulaween. Hulaween’s organizers have once again assembled one of the year’s most stylistically diverse and eclectically hip festival lineups for their fifth go-around at Spirit of the Suwannee Music Park in Live Oak, FL next month.Of course, the String Cheese Incident-hosted affair will feature a generous sampling of jam scene favorites, many of whom we love and cover quite frequently. Powerhouse funk, rock, and jam bands like The Disco Biscuits, Umphrey’s McGee, Mike Gordon, Joe Russo’s Almost Dead, Ween, Lettuce, Lotus, The New Mastersounds, Dumpstaphunk, Aqueous, Tauk, Spafford, Perpetual Groove, and Jaden Carlsen are scheduled to perform, while electronic favorites like Bassnectar, Eoto & Friends, GRiZ, Claude Vonstroke, Tokimonsta, Future Rock, Keys N’ Krates, Michal Menert, and beyond will keep the masses moving late into the night.But while this lineup is stacked with some of our favorite bands, it’s the diversity of styles and the unusual and creative bookings that set the fan-favorite festival’s 2017 lineup apart. To help give you the inside track on crushing your Hulaween adventure, we’ve highlighted 10 sets that you should go out of your way to see, even if you hadn’t planned on seeing them until right now. Check out the list, check out these sets, and you can go ahead and thank us later….Benevento/Russo DuoKeyboardist/organist Marco Benevento and drummer Joe Russo originally met as middle school classmates, and have been playing music together for the better part of two decades. Most recently, they’ve taken the live music circuit by storm as 2/5 of “more-than-just-a” cover band Joe Russo’s Almost Dead–a project conceived as a one-off tribute that has blossomed into one of the most electrifying bands on the touring circuit (Note: they’re playing the festival too–more on that later).However, the two first made a name for themselves as the Benevento/Russo Duo. As we’ve seen with JRAD over the past couple years, The Duo started as something small (a weekly residency in a small sub-room at Brooklyn’s Knitting Factory) and grew into something massive and exciting and uncharted. The Benevento/Russo released a string of critically acclaimed albums, toured the nation as a duo, and even added various talented musicians to the equation for extended stretches–including, for a time, both Mike Gordon and Trey Anastasio of Phish, together known as G.R.A.B. The Duo launched the careers of both Joe and Marco into the stratosphere, and their music still defies expectations of just how much sound can come from just these two guys. The two still dabble in The Duo’s material during JRAD shows on occasion, but aside from a surprise set at a minuscule Brooklyn brewhouse late last year, a highly-touted slot on January’s Jam Cruise, and a single club date at Brooklyn Bowl in February, The Duo hasn’t played as “The Duo” in more than 8 years. Hulaween’s rare Benevento/Russo Duo set should be a no-brainer pick everyone’s must-see list this year.Watch The Benevento/Russo Duo’s full February 25, 2017 “Freak’s Ball” performance at Brooklyn Bowl  below (courtesy of YouTube user wakeup2findout): Andy Frasco & The U.N.Andy Frasco and his ragtag band of musicians from all around the world (hence “the U.N.”) may not have the biggest set of the weekend, but you can bet your ass they’re going to party the hardest. A music industry stalwart since his early teen years as an artist manager and business-side specialist, Frasco is a self-proclaimed “fake-it-til-you-make-it” success story, touring endlessly for years and amassing a worldwide fan base along the way. Frasco and company’s mix of unhinged rock and roll energy, hilariously catchy songs like “Mature As Fuck” and “Happy Bastards,” and infamous stage antics–like chugging a beer while crowd-surfing–make Andy Frasco & The U.N. a perennial dark-horse highlight on any festival lineup. “Basically, we’re trying to freak people out,” explains Frasco, “I want people to be spiritually uplifted and happy–and also make them think a little bit.”Watch the official music video for Andy Frasco and the U.N.’s “Mature As Fuck,” featuring wild footage from their recent tour:Tank & The BangasPrior to this past year’s NPR Tiny Desk Contest, not many people outside the Crescent City knew about Tank & The Bangas. But after the R&B/soul/spoken word poetry crew were selected as the contest winners out of thousands of entries, the secret spread like wildfire.INTERVIEW: Tank of Tank and the Bangas Contemplates Inspiration, Poetry, And ConfidenceTarriona “Tank” Ball is captivating in her role as singer, preacher, and emotional shaman, and their live performances have been known to bring audiences to tears of both joy and heartbreak. As contest judge Trey Anastasio raved, Tank is “a psychedelic joy rap explosion. Like a female Sly Stone teleporting into 2017 and landing in New Orleans.” Now that Tank & The Bangas have gotten some more large-scale shows under their belt, we can’t wait to hear what they bring the the Spirit of Suwannee.Watch Tank & The Banga’s captivating Tiny Desk Concert below, via NPR:Run The JewelsSince El-P and Killer Mike linked up as Run The Jewels for their fantastic self-titled 2013 debut, they’ve been a driving force in the ever-growing indie hip-hop scene. The duo has since released two more equally stellar albums–2014’s Run The Jewels 2 and 2017’s Run The Jewels 3–and garnered well-earned clout in the hip hop community and beyond. They’ve played several mainstream festivals like Coachella and Bonnaroo, and even opened for Jack White at Madison Square Garden, but they’ve remained a rarity at jam and electronic-oriented festivals. A grade-A pick to beef up the lineup’s hip hop appeal, Run The Jewels’ set is surely not to be missed.Watch the official video for “Legend Has It” of Run The Jewels 3:The Nth Power: “Wake Up & Live” Bob Marley TributeFor their appearance at Suwannee Hulaween, Brooklyn soul/funk mavens The Nth Power have some very special “jamming” planned. After debuting the concept at an after-hours blowout in New Orleans during Jazz Fest 2017, the band once again breaking out their Bob Marley tribute, “Wake Up & Live.” Don’t miss the positive Rastaman vibrations when The Nth Power hits The Spirit of Suwannee.Watch The Nth Power perform Bob Marley’s “I Shot The Sheriff” at One Eyed Jacks in New Orleans on 7/29/17 below:Damian “Jr. Gong” MarleySpeaking of Marleys, Bob’s youngest son and reputable hip hop/reggae superstar in his own right Damian Marley will also appear at Hulaween. Jr. Gong just released Stony Hill, his first new solo album since his 2005 breakout, Welcome To Jamrock and his first non-anthology release since Distant Relatives, his collaborative 2010 album with hip hop legend Nas. The new project exudes a poignant mix of positive energy and brutal realism, with tracks that seem to hold a mirror up to both the beauty and the flaws of humanity while always seeking hope and truth. A powerful performer with a powerful pedigree and a quality batch of new material, Marley is sure to wow the Suwannee faithful with his set at Hulaween.Watch the official music video for “medicinal” ganja advocacy anthem “Medication” from Marley’s new album featuring big brother Stephen Marley below:FKJFKJ–short for French Kiwi Juice–is a multi-talented one-man band whose output is consistently riveting. The Tours, France native utilizes the most potent elements of a vast spectrum of styles to craft his “expanding grooves.” He released his first official album, French Kiwi Juice, earlier this year.FKJ is a wonder to watch. He creates all the moving parts–the soulful vocals, the smooth guitar licks, the synths, the sax, the jazz-blues bass lines–and sets them loose as hip-hop beat loops, juggling the mounting melodies with effortless flow. And with so many outstanding musicians on hand at Hula across innumerable genres, a surprise guest or two during his set wouldn’t be all that surprising. FKJ is ready and waiting to entrance an unsuspecting Hulaween. Make sure to be there when he does.Watch FKJ collaborate with Masego live at Red Bull Studios Paris as well as the official music video for “Skyline” below, via FKJ’s YouTube:last_img read more

The Crucible Pushes Back First Preview So Saoirse Ronan Can Attend Oscars

first_imgSaoirse Ronan in ‘The Crucible’ Saoirse Ronan Saoirse Ronan shall go to the ball! The upcoming production of Arthur Miller’s The Crucible has pushed back its first Broadway preview date so that the actress can attend the Oscars; she has been nominated for her performance in the film Brooklyn. The Crucible, also starring Ben Whishaw and Tony winner Sophie Okonedo, will now begin performances on March 1; it had previously been set to start on February 29. Directed by Ivo van Hove, the show has additionally moved its opening night date to March 31 (from April 7).Miller wrote The Crucible to parallel the McCarthyism of the 1950s. Set during the Salem witch trials of the 1690s, the play tells tales of morality, deceit and ignorance. The drama focuses on Abigail Williams (Ronan), a young woman so obsessed with John Proctor (Whishaw) that she is determined to have his wife (Okonedo) burned at the stake.In addition to Whishaw, Okonedo and Ronan, The Crucible will star Ciarán Hinds, Bill Camp, Jim Norton, Tavi Gevinson and Jason Butler Harner. The production will also feature Tina Benko, Teagle Bougere, Michael Braun, Ashlei Sharpe Chestnut, Jenny Jules, Thomas Jay Ryan, Elizabeth Teeter, Ray Anthony Thomas, Brenda Wehle and Erin Wilhelmi.The Crucible will play a strictly limited 20-week engagement through July 17 at the Walter Kerr customers with tickets to the canceled performance will be contacted with information on refunds or exchanges. View Comments Related Showscenter_img Arthur Miller’s The Crucible. Show Closed This production ended its run on July 17, 2016 Star Fileslast_img read more

Hollywood & Broadway Star Debbie Reynolds Dead at 84,

first_imgDebbie Reynolds (Alberto E. Rodriguez/Getty Images) Hollywood legend Debbie Reynolds, who starred on Broadway in the musicals Irene and Woman of the Year, has died on December 28 at the age of 84. According to the Associated Press, Reynolds’ son Todd confirmed her death, which tragically occurred just one day after the death of her daughter, Carrie Fisher.Born on April 1, 1932 in El Paso, Texas, Reynolds broke out as a teenager in the 1950 film Three Little Words, earning a Golden Globe Award nomination for Most Promising Newcomer. Two years later, she found fame in the iconic movie musical Singin’ in the Rain, playing leading lady Kathy Selden. Her other notable Hollywood roles in a career that spanned eight decades included her Oscar-nominated turn in the movie musical The Unsinkable Molly Brown, The Affairs of Dobie Gillis, The Catered Affair, Tammy and the Bachelor, How the West Was Won, The Singing Nun. Divorce American Style, Mother and In & Out. Reynolds was honored at the Academy Awards in 2016 with its special Jean Hersholt Humanitarian Award.In 1973, Reynolds debuted on Broadway in a revival of the musical Irene, earning a Tony Award nomination for Best Leading Actress in a Musical. In 1976, she brought her revue Debbie to the Minskoff Theatre and was also seen in 1982 in the title role of the musical Woman of the Year, replacing Lauren Bacall.Reynolds is survived by her son, Todd Fisher, and her granddaughter (Carrie Fisher’s daughter), Billie Lourd. View Commentslast_img read more

Credit union social media done right with personality and purpose

first_img 15SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr,Olivier Raoust Olivier Raoust is the founder and creative force behind Raoust+Partners, a brand consultancy that has worked with almost 40 credit unions over the past 20 years. Passionate about credit … Web: Details ‘Credit Unions need to get on social media, especially YouTube, because that’s where the action is.’ Great advice as far as it goes. But without a purpose, social media presence doesn’t expand a brand.Some argue that the Facebook ship has sailed—younger people certainly have moved on to other channels. If a credit union is on Facebook, the page should reflect the credit union’s unique personality not serve as a dump for generic copy that could be about any business.Found on Facebook: “Keep your face towards the sunshine and shadows will fall behind you.” Thank you Walt Whitman, but how does that promote a brand or attract new credit union members?Raoust+Partners helps credit unions determine if their culture is a good fit for social media. If so, Raoust+Partners helps create content specifically for those channels aimed at getting results. Credit unions use social media channels effectively and smartly not by pushing product but by creating content that’s an extension of their brand story.YouTube, which has replaced television for many younger people, can be an ideal medium for telling a credit union’s story. At least until the next big thing comes along.Just being on YouTube isn’t enough. What works? Copy developed specifically for YouTube – not rebroadcasts of TV commercials. YouTube gives a credit union time to expand its message beyond a 10-, 15- or 30-second TV spot. Take advantage of it.Keep in mind, though, that people tune in to YouTube to be entertained.No one wants to watch a credit union’s annual meeting on YouTube. Correction: a spot check of three credit union annual meetings showed 14 views, 84 views and 177 views.Not many people really want to watch Blizzard the Penguin visit a credit union either—102 views.Sadly, not many people even want to hear how a credit union helped a college student with her overwhelming debt. In 10 months, 15 views.If the message isn’t entertaining, they’ll tune out. They certainly won’t share it with their friends.True to its name, Innovations Federal Credit Union in Panama City, Fla., a Raoust+Partners client, has mastered the art of telling its story on YouTube in a way that engages viewers and clearly communicates the credit union’s offbeat brand. The well-produced videos give viewers insight into Innovations’ culture.Innovations’ videos are produced solely for YouTube—not TV commercials rebroadcast. CEO David Southall sketched out the credit union’s first YouTube video, Jingle Bells Lip Dub, on a napkin in 2009. He still has the napkin.The video stars not actors, but rather employees who are clearly engaged and having fun. The mimosas may have helped.“Around here, for local Christmas commercials all the employees get together, wave at the camera and say ‘Merry Christmas,’” Southall says. “It’s kind of boring and overdone. We decided we didn’t want to do that.”Raoust+Partners helped take the concept from a napkin to a professional production.“They have some creative minds at Raoust,” Southall says “They made it look professional—rather than something we did homemade. If something is interesting and eye-catching, you want to share it with your friends and family.”So far, 17,383 people have enjoyed the catchy beat and fun vibe of that first video. That engagement, that culture can’t be faked. If that unique exuberance isn’t in a credit union’s DNA, best to avoid the attempt. For Innovations, it worked because the video showcased the credit union’s personality.“That first video said to our community ‘Hey we’re different,’” says Southall, who appears in the videos. “We don’t want to be traditional in anything. Our lobby design is different. The way we hire employees is different. The way we train employees is different.”The Financial Brand ranked Innovations 21 out of the top 100 credit unions on YouTube. More important, as Innovations continued to make more videos, friends and family of employees, credit union members and then others in the community asked to participate. You can’t put a price on that kind of engagement and awareness.A flash mob to open a new branch generated more than 5,000 views. A video entitled Bad Bank Romance has captured 4,219 views.YouTube isn’t the best place to constantly push products but those who know what they’re doing—read Innovations–can bend the rule. Innovations’ 30-second video about an Obstacle-Free Auto Loans collected 53,151 views.The goal of these videos is to reach younger members and potential members. While the average age of credit union members nationwide is about 48, Innovations’ average age is 40 or 41.“Those are the members we want to attract—the kind of members who like the social media piece,” Southall says. “Our older board members—they probably haven’t seen them. Maybe their children or grandchildren saw them.”Saw them and decided Granddad’s credit union wasn’t so fuddy duddy after all.The (off) beat goes on.last_img read more

Long Island 9/11 Events Set for 14th Anniversary

first_imgSign up for our COVID-19 newsletter to stay up-to-date on the latest coronavirus news throughout New York The 14th anniversary of the Sept. 11, 2001 terror attacks will be marked at memorial events across Long Island, which was home to nearly 500 of the 3,000 victims.Vigils large and small will be held at local 9/11 memorial sites and other venues throughout Friday before, during and after the exact times four hijacked planes crashed into the World Trade Center, the Pentagon in Washington, D.C. and a field in Shanksville, Penn.Below are more than a dozen events planned across Nassau and Suffolk counties.Memorial Ceremony Event includes a candlelight vigil, vocal performances, bagpipe music and religious readings. In addition, the names of Town of Oyster Bay lost, who are inscribed on the wall, will be read. Tobay Beach, Ocean Parkway.  7 p.m. September 9.Sunset Candlelight and Remembrance CeremonyThe ceremony will include the reading of names of Nassau County residents who lost their lives in the attacks and will be read by family members. 9/11 Memorial, Eisenhower Park Field 6, Hemptead Tpke., East Meadow. 6:30 p.m. September 10.Memorial ServiceA remembrance service by the sea. Point Lookout Beach, Lido Blvd., Point Lookout. 7:30 a.m. September 11.Memorial CeremonyMary Jane Davies Green, Plandome Road, Manhasset. 8:30 a.m. September 11.Memorial Service H. Lee Dennison Building, 9/11 Memorial Site, 100 Veterans Memorial Hwy., Hauppauge. 8:30 a.m. September 11.Memorial ServiceHorton Hall, SUNY Farmingdale College, 10:30 a.m. September 11.9/11 TributesOfficials, clergy and veterans will gather to take a moment to remember those lives lost on 9/11. Virginia Avenue Remembrance Garden, Long Beach. 11 a.m. September 11.9/11 MemorialPay tribute in honor and memory to all those lost, all those saved, and all those who gave of themselves. Hofstra University Labyrinth, CV Starr Hall Courtyard, Hempstead. 11 a.m. September 11.Memorial ServiceVeteran’s Memorial Park, Islip Town Hall, 655 Main St., Islip. 5 p.m. September 11.Memorial ServiceLynbrook Village Hall, 1 Columbus Dr., Lynbrook. 6 p.m. September 11September 11th ServiceMemorial Park behind East Rockaway Village Hall, 376 Atlantic Ave., East Rockaway. 7 p.m. September 11.Moonlight Memorial ServiceBagpipes, singers and other remembrances honoring those lost. Common Ground at Rotary Park, between Gillette and Candee avenues, Sayville. 7 p.m. September 11.Remembrance CeremonyMineola Memorial Park, Marcellus Road, Mineola. 7 p.m. September 11.Memorial ServiceSetauket Fire Department Station 3, Nicolls Road, Setauket. 7:30 p.m. September 11.9/11 ServiceSt. James Fire Department, 221 Jefferson Ave., St. James. 8 p.m. September 11.An Evening of RemembranceSeptember 11th Candlelight Memorial, Reese Memorial Park, Church St., Malverne. 8 p.m. September 11.Reading of the NamesA ceremony honoring the first responders. Responders’ Memorial, Corner of Gibbs Pond Road and Smithtown Boulevard, Nesconset. 10 a.m. September 12.Celebrating the Heroes of September 11The exhibit “Lives of Service; Celebrating the Heroes of September 11th” highlights the Nassau County volunteer firefighters who were lost on that fateful day. Nassau County Firefighters Museum, Charles Lindbergh Blvd., Garden City. Free entry on Friday. $5 adults, $4 children. 10 a.m.-5 p.m. Tuesdays-Sundays.last_img read more

Central Java administration to send food aid to its residents in Jakarta

first_imgHe added that several institutions and communities had also sent out aid to the migrants, including the Batang regency administration and alumni from state high school SMA 1 Tegal.The governor called on the prospective donors to coordinate with the Central Java administration prior to distributing aid, “so that we know which individual has received support and which has not.”Ganjar planned to prioritize those who had yet to receive any aid.While both the government and regional administrations have started to give out aid to those hardest hit by the economic downturn in Greater Jakarta, inconsistent data and layers of red tape have hindered distribution. (vny)Topics : The Central Java administration is set to distribute sembako (staple food packages) to its residents living in Greater Jakarta, as the COVID-19 crisis has seen a large number of people lose their jobs.Central Java Governor Ganjar Pranowo said the aid would be delivered to around 26,000 recipients. Initially, the number of recipients was estimated at 60,000, but it turned out that many of them had left the capital and gone back home because of the crisis.  “Hopefully, [the sembako] can be distributed sometime next week,” Ganjar said in Semarang, Central Java’s capital, on Sunday.last_img read more

Investors re-fuel with Queensland petrol stations

first_imgFuel isn’t the only commodity with prices on the rise in Queensland, with a lack of supply putting petrol stations in investors’ sights.More than 60 investors showed interest in a Freedom Fuels petrol station at Redbank Plains, a suburb in Brisbane’s south west, which sold under the the hammer at a Colliers International auction for $3.95 million to a Newcastle-based private investor.Colliers International’s Richard Blanch and Hunter Higgins say the property at 181 Kruger Parade, which was sold on behalf of syndicator OzProp, attracted interest from both local and interstate groups.Read the full story on Commercial NewsMore from newsMould, age, not enough to stop 17 bidders fighting for this home3 hours agoBuyers ‘crazy’ not to take govt freebies, says 28-yr-old investor9 hours agolast_img read more

Chart of the Week: Analysts flag declining corporate sentiment

first_imgMarty Dropkin, global head of research for fixed income, said the impact of the US-China trade negotiations was a key issue that “has brought a lot of uncertainty into the system”.“Manufacturing remains a key driver of growth for the Chinese economy as a whole, and for consumers, the uncertainties extend to their prospects for wage growth, which has a second order effect on consumption,” Dropkin added. “However, investors should be mindful of Beijing’s ability to stimulate the economy.” Investors have been speculating for some time as to when the bull market in equities would turn.The fourth quarter of 2018 appeared at first to be a turning point, but most investors who lost out at the end of the year have seen their portfolios bounce back.However, according to Fidelity International’s annual analyst survey, global corporate sentiment has fallen to its lowest level since 2016 amid weakening consumption and rising costs.This year 165 Fidelity equity and fixed income analysts participated in the survey, which aggregates data gleaned from the more than 16,000 meetings they had with listed companies around the world in the past year. Meanwhile, corporate sentiment in China has turned negative (-0.4) – the only region to record a negative score in this year’s survey. Of Fidelity analysts covering China, 70% said they expected returns to decline this year.center_img The 2019 survey shows that corporate sentiment – as seen through the eyes of the analysts – has dropped from 1.6 last year to 0.6, where anything above zero is positive sentiment and below is negative.A third of Fidelity analysts said their sectors were in a slowdown or recession, compared to 13% of analysts last year. According to the asset manager, analysts are split 51% to 49% as to whether the business cycle is at an end.Michael Sayers, director of research for equities, said: “An exuberant start to 2018 has given way to a cautious 2019. This year’s pessimism has two core drivers, a weaker consumer and increasing costs of doing business – both of which threaten to squeeze profit margins in 2019.“While we do not see a full-blown recession in the next 6-12 months, it is clear we have taken another step towards the end of the cycle that started a decade ago and, as a result, corporates’ approach to risk management is more important than ever.”last_img read more