Official says non-oil sector’s development key focus of economic reforms
By Rasana GasimovaThe economic reforms in Azerbaijan focus on the development of the non-oil sector, and the country has succeeded quite well in this area, Chairman of Azerbaijan’s Small and Medium Business Development Agency (SMEs) Orkhan Mammadov has said.He made this remark at a joint business summit of the United States Agency for International Development (USAID) and Azerbaijan’s Agency for the Development of Small and Medium-sized Enterprises (SMEs) on supporting business and professional associations held in Baku on February 18.Mammadov noted that small and medium-sized businesses have ...
Azercell supports development of Azerbaijan film industry
“Azercell Telecom” LLC is the main partner of the Booktrailer Film Festival, traditionally held on April 23 – International Book Day to promote reading culture and the development of cinematography.As an active participant in projects and social initiatives supporting talented and creative young people, Azercell announces the “Best Mobile Booktrailer” nomination within the festival. A specially convened jury of the company will evaluate the booktrailers on any work of Azerbaijani authors recorded via mobile phone. The winner will receive an award of 1,000 AZN from Azercell.Please note that the...
WHO: Coronavirus vaccine available in 18 months
CORONAVIRUS | World Health Organisation (WHO) director-general Tedros Adhanom Ghebreyesus said the first vaccines for covid-19 could be ready in 18 months, reported Xinhua news agency.In the meantime, he tweeted, "there's a lot we can do to prevent transmission and prepare for any further spread".At a press briefing on Tuesday, he told reporters that while the world needs investment in research and development, we also need investment in stopping the covid-19 outbreak now, adding that the development of vaccine and therapeutic is an important part of the research agenda."We are not defenceless...
Saving our out-of-school children
The World Bank credit to 17 states to tackle the menace of out-of-school children is a welcome development. The Minister of State for Education, Chukwuemeka Nwajiuba, declared in Yola, Adamawa State, recently that the loan will be used to prosecute what is termed Better Education Service Delivery for All (BESDA) programme. Fourteen states in North East, North-West and North-Central have benefitted from this fund, while other beneficiary states in the South are Oyo, Ebonyi and Rivers.The minister stated that BESDA became effective in 2018, as the implementation began at the federal level two ye...
‘Ongoing Lagos’ infrastructural development to attract diaspora investment’
LAGOS State Governor Babajide Sanwo-Olu said on Tuesday that the ongoing infrastructural development programmme of his administration was to attract investment from the diaspora.The governor, who spoke while receiving His Worship, Mr. Patrick Brown, the Mayor of Brampton City in Ontario, Canada, who led a delegation to the State House in Alausa, Ikeja, on a visit, said that there would be no point requesting Nigerians abroad to come back home to invest if the local business environment was not made to support their aspirations.He said the Canadian city shared similar history with Lagos, stress...
Post-oil era: drivers of future economic growth
Shaping the future essentially means planning to build a robust, prosperous and sustainable economy, as well as a successful development model that meets the competitive demands of the global economy. This ensures that the concerned country excels in various areas of development compared to its counterparts worldwide.The great human transformations were associated with economic development. The move from a primitive life, based on pastoralism and fruit gathering, to the agrarian production pattern, marked humanity’s first step towards the earliest phase of human civilisational development. Thi...
PABSEC: Latest elections to become new impetus for Azerbaijan’s further development
By TrendThe early parliamentary elections held in Azerbaijan on Feb. 9 will become a new impetus for the further strengthening and development of Azerbaijan, a member of the observation mission of the Parliamentary Assembly of the Black Sea Economic Cooperation (PABSEC), Turkish MP Cemil Ozturk said at a press conference on the results of the elections, Trendreports.“I did not encounter any negative phenomena in the course of the observations. Democratic, fair elections were held in Azerbaijan. Congratulations to the people of Azerbaijan on this,” Cemil Ozturk said.The PABSEC Secretary General...
Mike Bianchi: Missing playoffs would be devastating development for slumping Magic
ORLANDO, Fla. — If the great Jim Mora had been at Amway Center on Saturday, he would have cringed and gotten very cranky at what I’m about to ask in the wake of the slogging, slumping Orlando Magic’s 112-95 loss to the dominant, dynamic Milwaukee Bucks.I’ll admit that this doesn’t really seem like the right time to broach this question.In fact, the way the Magic have been playing lately, it seems like the exact wrong time to mention the word …Playoffs.Are the sinking Magic still good enough to make the, um, uh, ahem, playoffs?“Playoffs!” Mora, the former coach of the NFL’s New Orleans Saints a...
Innovation to become vital part of economic development
Innovation to become vital part of economic developmentCzeriza Valencia (The Philippine Star) – February 10, 2020 – 12:00amMANILA, Philippines — The Philippine Innovation Act, which is set to be implemented, will make technology and innovation a vital part of the development of the economy, the National Economic and Development Authority (NEDA) said.The implementing rules and regulations (IRR) for the law was signed last Friday between NEDA, Department of Trade and Industry, and the Department of Science and Technology, setting the law in motion after its publication this month.The law, signed...
Keep heat on to keep hosps open | Jersey Journal editorial
The assignment of a state monitor to review the finances of the three CarePoint Health hospitals in Hudson County is a welcome development in a twisting, turning saga in which the welfare of residents is literally at stake.Frank Troy of the New Jersey Health Care Facilities Financing Authority has been authorized to review and assess finances of the limited liability companies that control Christ Hospital in Jersey City, Hoboken University Medical Center and Bayonne Medical Center, state Health Commissioner Judith M. Persichilli said earlier this week.Troy is undoubtedly facing a daunting job ...