JAST commended for contribution to sugar industry

first_img Related Items: Facebook Twitter Google+LinkedInPinterestWhatsApp Facebook Twitter Google+LinkedInPinterestWhatsAppMontego Bay, Jamaica, November 8, 2016 – The Jamaica Association of Sugar Technologists (JAST) has been commended for its contribution to the sustainable development of the sugar industry over the last 79 years.Addressing the opening of the 79th Annual Conference of JAST at the Riu Hotel in Ocho Rios, St. Ann, on November 3, Mr. Samuda said the association continues to play a fundamental role in endorsing technology in the industry. “I want to congratulate the Jamaica Association of Sugar Technologists for having survived over these many years and for the tremendous and significant contributions you have made to the development and survival of the sugar-cane industry. Your role is, therefore, critical as we seek to reposition the sugar industry,” the Minister said.Mr. Samuda emphasized that now more than ever, the efforts of JAST must be doubled in order to save the industry. “We are grappling with the challenges that confront Jamaica’s sugar industry every day and now we have to position not only the existing players in the industry, but we have to introduce new ones. We must also seek to make the industry very attractive for new investments,” the Minister said.He pointed out that the sugar industry is the second largest employer of workers in the country, hence it cannot be allowed to die. “Because of this high level of integration and the fact that the industry is so integral to people’s lives and livelihood, we must remain committed to its success and so ensure its viability,” Mr. Samuda told the large group of participating members of the farming community.He informed that efforts at reforming the sugar industry were successful, as the Government assumed temporary operations of the Long Pond Factory in Trelawny and immediately initiated plans to attract new investment for the industry in that parish. The Minister invited investors, both local and foreign, to come forward and take part in the sugar industry.last_img read more

CBS Viacom to reunite in merger that creates roughly 30B company

first_imgStar Trek: Discovery is one of CBS’ flagship streaming series. CBS All Access CBS and Viacom, two television programming companies that split more than a decade ago, finalized a merger deal Tuesday to recombine, creating a single entity with about $30 billion in market value. The new company, which will be called ViacomCBS, brings brands like CBS and Showtime together with the likes of Nickelodeon, MTV, BET, Comedy Central and Paramount. A CBS-Viacom reunion is the latest in a wave of mergers and acquisitions of traditional media companies, as they try to come to grips with the scale of their emerging competitors in the tech world. Netflix and YouTube dominate eyeballs online, and companies like Apple and Amazon, with market caps hovering around $1 trillion, are delving more deeply into video programming. In response, legacy media companies are consolidating to bulk up. Following megadeals like AT&T buying Time Warner and Disney taking over Fox, CBS and Viacom become the latest to turn to M&A as they face a changing landscape where streaming’s on the rise and traditional pay-TV is slipping. (Disclosure: CBS Corp. is the parent of CNET.)During a call with analysts, executives said they hoped to bulk up CBS All Access with kids programming from Viacom, which owns Nickelodeon. Executives added that they continue to like the idea of pricing CBS All Access under $10 a month because they remain interested in driving up subscribers. One of the key motivations for combining, they said in a joint release, was streaming video. CBS and Viacom said a merged company would be in a better position to accelerate a “direct-to-consumer” strategy — industry jargon for streaming services that don’t involve any traditional TV distributor like a cable company. The companies collectively operate CBS All Access and Showtime’s streaming option, along with Pluto TV (a free streaming TV service in the US) and newcomers such as CBSN, ET Live and niche players like Noggin. They noted that the merger could give them opportunities to expand their streaming internationally. The companies also said their merger will improve opportunities in advertising and deals with distributors and create a stronger player to license their catalog to other platforms worldwide. The companies said they expect the deal, which still needs to win regulatory approval and clear other conditions, will close by the end of this year. Viacom shares will be converted into shares of CBS, with CBS shareholders owning about 61% of the combined company, and Viacom the rest.Viacom’s head, Bob Bakish, will lead the combined company as president and CEO, while CBS’s leader, Joe Ianniello, will serve as chairman and CEO of CBS proper. “Our unique ability to produce premium and popular content for global audiences at scale — for our own platforms and for our partners around the world — will enable us to maximize our business for today, while positioning us to lead for years to come,” Bakish said in a statement. Originally published August 13, 12:23 p.m. PT.Update, 2:25 p.m. PT: With comment from executives on call. Comments Tags TV and Movies Digital Media Share your voice 7 CBS Viacomlast_img read more

Watch PN Leader addressed a political activity in Mosta

first_img <a href=’http://revive.newsbook.com.mt/www/delivery/ck.php?n=ab2c8853&amp;cb={random}’ target=’_blank’><img src=’https://revive.newsbook.com.mt/www/delivery/avw.php?zoneid=97&amp;cb={random}&amp;n=ab2c8853&amp;ct0={clickurl_enc}’ border=’0′ alt=” /></a> SharePrint The Nationalist leader Adrian Delia addressed a political activity in Fil-parkeġġ maġenb il-Knisja tar-Rotunda, Mosta, this evening.The theme of the event was ‘Together For Our Country’.The event can be viewed from the link above.WhatsApplast_img read more