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President Energy to acquire exploration contract from CGC in Argentina

first_imgThe acquisition will increase President Energy’s daily production by over 10% Image: the exploration contract covers 384km2. Photo courtesy of rawpixel/Pixabay. President Energy has agreed to acquire an exploration contract from Compañia General De Combustibles (CGC) in Argentina.The UK-based oil and gas Company said that it has conditionally agreed to take a 100% interest in the Angostura exploration contract area in the Rio Negro Province.Located directly to the west of the company’s Las Bases Concession, the exploration contract covers 384km2 and and President Energy’s pan-regional pipeline passes through the south west corner of the area.The acquisition will increase the company’s daily production by over 10%.Angostura currently produces 80,000 m3/day of gas and 50bopdPresently, 80,000 cubic metres of gas per day and 50 barrels of oil per day are drawn from the licence, representing in total slightly in excess of net 500 boepd, the company said.Currently, all the gas is compressed and dehydrated within Angostura, sent by pipeline to President’s Las Bases facility and then conveyed by the company’s own pan-regional gas pipeline to offtakers.The company said that the oil will be taken by truck to Las Bases/Puesto Prado and added to President’s existing oil production.President Energy Chairman Peter Levine said: “This corporate action represents a continuation of the strategy of leveraging on our critical mass in Rio Negro and, in this case in particular, our strategic gas pipeline.“The contemplated assignment would increase our production by over 10% whilst at the same time providing synergies and enhancing economies of scale.“I welcome the contemplated investment of CGC, a substantial well-known and respected oil and gas Company, as a shareholder in the Company.”The acquisition is subject to the consent of the Rio Negro Province to the assignment of the exploration contract.In November 2018, President Energy had said that its drilling program at the Puesto Flores/Estancia Vieja Concession in Rio Negro Province had yielded positive results.last_img read more

Will today’s 0.25% base interest rate hike slow the property market even more?

first_imgThe Bank of England has raised its base lending rate to 0.75% from 0.5% following an unanimous vote by its Monetary Policy Committee (MPC).This is the first rise since November last year and the first time the bank rate has exceeded 0.5% since the dark days following the banking crisis when the base interest rate was reduced from 1% to 0.5% in early 2009.Today’s announcement follows recent cheery economic reports including inflation that appears to be under control at 2.4%, improving economic output in the medium term and increasing employment.This, the committee reasoned, was underlined by forecasted GDP growth of 1.75% this year and better than expected global demand for British goods.But Brexit looms darkly in the background, the committee members recognise.“The MPC continues to recognise that the economic outlook could be influenced significantly by the response of households, businesses and financial markets to developments related to the process of EU withdrawal,” its statement says.Industry reaction“We welcome the Bank of England’s small increase to interest rates today,” says Jack Ballantine (left), Director of Residential Development & Investment at Sotheby’s International Realty.“Sterling’s value is now likely to increase, giving added confidence to foreign investors which is exactly what is needed following punitive tax changes and uncertainty around Brexit.“The move further solidifies London’s economic stability and is unlikely to have a negative impact on house prices.”Nick Leeming, Chairman of Jackson-Stops (right) , says: “Good things don’t usually last forever however and while the end of this golden period of great mortgage deals won’t be a surprise to the vast majority of prospective and current home owners, many have become accustomed to a decade of low rates.”David Westgate (left), Group Chief Executive of Andrews Property Group, says: Now that this has been confirmed and given that it had been predicted for some time, it is very unlikely to cause any shock waves in the property market.“We mustn’t forget that rates are still at a record low and have been for ten years. Indeed, we should remind ourselves that back in 2008, before the economic dip, the base rate was around 5%.” Jack Ballantine Monetary Policy Committee Jackson-stops Nick Leeming 0.75% Andrews Bank of England base rate Sothebys David Westgage August 2, 2018Nigel LewisWhat’s your opinion? Cancel replyYou must be logged in to post a comment.Please note: This is a site for professional discussion. Comments will carry your full name and company.This site uses Akismet to reduce spam. Learn how your comment data is processed.Related articles BREAKING: Evictions paperwork must now include ‘breathing space’ scheme details30th April 2021 City dwellers most satisfied with where they live30th April 2021 Hong Kong remains most expensive city to rent with London in 4th place30th April 2021 Home » News » Housing Market » Will today’s 0.25% base interest rate hike slow the property market even more? previous nextHousing MarketWill today’s 0.25% base interest rate hike slow the property market even more?The Bank of England has today raised the base interest rate to 0.75%, but will it put off home buyers in the short term as new mortgages become more expensive?Nigel Lewis2nd August 201802,342 Viewslast_img read more

Dan DiBattista of GE-Aviation named Rutland area Business Person of the Year

first_imgGE Aircraft Engines – Rutland Operation,The Rutland Region Chamber of Commerce held their 112th Annual Meeting on November 1st. Dan DiBattista, Plant Manager, Rutland GE-Aviation and his employees were named the 2010 Business Persons of the Year. In his remarks Executive Vice President Tom Donahue noted ‘GE Rutland recently added a 27,000 (square) foot expansion to Plant 2 and have invested $60 million into this plant within the last four years,’ Donahue said, ‘and will be investing another $10 million in the next year with a substantial portion of that total investment in machinery and equipment.’ Donahue also highlighted the benefits of having GE-Aviation in Rutland, GE’s commitment to the region, contributions to the community and the superior leadership of Dan DiBattista.The meeting featured Captain Richard Phillips, as the keynote speaker. Captain Phillips’ riveting address told of his capture by Somali Pirates and how the lessons he learned through his experience can be used by anyone. Captain Phillips noted that either on a ship or in business to remember, you are stronger than you think, the only time all is lost is if you quit, and a dedicated team of professionals can overcome most problems. He reminded those in attendance “Never trust a pirate” and to always hope for the best and plan for the worst.Other highlights of the meeting included an overview of the Chamber’s accomplishments over the past year and goals looking forward, awards were presented to Larry Jensen for his dedicated service to the Chamber and the Board of Directors and to John Valente who just finished his term as Chamber President.The American Red Cross and CVPS announced their annual goal for the Gift of Life Marathon. The goal (to beat Boston’s new record) will be 1,178 pints. The Gift of Life Marathon will take place on December 21st, 9:30am-6:30pm at the Paramount Theater.Photo: The RRCC Business Person of the Year Award is presented to Dan DiBattista of GE Aviation in Rutland by (L to R) Tom Donahue, RRCC EVP/CEO, Mayor Chris Louras, RRCC President Glenda Hawley, DiBattista and Captain Richard Phillips.last_img read more

More Climate Risk to Oil Majors in 2 New Lawsuits Reminiscent of Tobacco Litigation

first_imgMore Climate Risk to Oil Majors in 2 New Lawsuits Reminiscent of Tobacco Litigation FacebookTwitterLinkedInEmailPrint分享Reuters:California cities San Francisco and Oakland filed separate lawsuits against five oil companies on Wednesday seeking billions of dollars to protect against rising sea levels they blamed on climate change, according to public documents.The lawsuits, filed in state courts in San Francisco and Alameda Counties, alleged Chevron Corp, ConocoPhillips, Exxon Mobil Corp, BP Plc, and Royal Dutch Shell Plc, created a public nuisance and asked for funds to finance infrastructure to deal with rising sea levels.According to a news release from San Francisco city officials, the lawsuits mirror 1980s-era lawsuits against tobacco companies. They allege the oil giants “knowingly and recklessly created an ongoing public nuisance that is causing harm now and in the future risks catastrophic harm to human life and property.”The lawsuits are the latest in a growing body of legal action against oil companies over climate change. Prosecutors for New York and Massachusetts are investigating Exxon, for example, over the possibility it misled investors in public statements on the risks of climate change.Marin and San Mateo counties and Imperial Beach, California, in July brought similar public nuisance and failure to warn lawsuits alleging climate change impacts. Those three lawsuits sued the same five plus other oil companies and coal producers.The cases are People of the State of California V. BP et al., San Francisco Superior Court Case No. CGC 17-561370, and People of the State of California V. BP et al., Alameda County Superior Court Case No. RG17875889.More: California cities sue big oil firms over climate changelast_img read more

Mix Master: The Multiple Musical Dimensions of Ki: Theory

first_imgHow do you classify the sound of your live show? The live show is pretty electronic. It’s not really a DJ set, but it has those elements. I have a rig that has some samplers and effects, but I also play live keyboards and guitar. There are some loops and backtracks, and I also bring a drummer to add more of a rock vibe. Give it Away: Every Ki: Theory album is available for free online.Call Joel Burleson a sonic chameleon. The Richmond-based musician and producer, who performs under the name Ki: Theory, easily adapts in the vast music world. In the live setting, Ki: Theory delivers glitchy electronic indie rock that’s made crowds move in dance clubs around the world, as well as at Bonnaroo. But Burleson also crafts instrumental grooves behind the scenes. In addition to three albums of original material, he has remixed tracks for Queens of the Stone Age, Kings of Leon, and Brazilian Girls. His sounds have been heard on the television show CSI: New York and commercials for Converse and Audi. He’s also a familiar presence in the outdoor industry, recently scoring promo videos for The North Face and landing a track in Warren Miller’s latest ski flick, Wintervention. His recent breakout project is a compilation remix of Daft Punk’s Tron Legacy soundtrack, alongside electronic predecessors like Moby and Glitch Mob.Mixing production and live performance, do you consider it as two separate sides to your music career? Ki:Theory is a live show and a studio thing. The music industry has changed so much, since I started playing in bands in high school. I had the cliché rock star goal of trying to get signed by a major label, but that’s not the way it works now. There’s a lot less money to be made in the music industry, but more of the money is going directly to the artists. It’s easier to do it yourself, and you can come up with a lot of different outlets to create a career. How do you approach scoring music for outdoor action? It varies greatly by project. With my recent video for The North Face they had an idea of what they wanted based on existing Ki: Theory tracks. They send me action footage, and then I score it with my music. There was a little bit of them editing their video to my music and me editing my music to their video. That’s the beauty of music and the Internet. It’s easy to collaborate between great distances. 1 2last_img read more

Top 5 e-signature security best practices for credit unions

first_img 16SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr,Andrea Masterton Andrea has been with Silanis since 1999 and holds the position of Corporate Marketing Director. In this role, she oversees industry marketing strategy, market awareness and demand generation within key … Web: www.silanis.com Details Embed the Audit Trail. All electronic signatures, time stamping and audit trails should be embedded directly within the document rather than stored separately in the cloud or a proprietary database. In addition to being more secure and easier to manage, there are two very practical reasons for this:First, document authenticity can be verified independently of the e-signature software. This means there is no need to worry if a verification link will be valid years later, or if it will give you a “page not found” error message. Whether or not you maintain an account on the e-signature service, or whether your vendor is even still in business, your documents will never be affected since you, your members and other stakeholders do not need to go online to verify the e-signed document.Second, you do not have to store the e-signed record in the e-signature service. For example, a new member application can securely travel through any email, storage or archiving system without being compromised. This enables you to manage e-signed records in a manner that meets your long-term records retention policies. In other words, the e-signed document can be indexed, stored and retrieved easily in the system of record of your choice and you can leverage your investments in those systems.As a general rule, always avoid e-signature solutions that require you to access a server to verify the signature or document. Not only will it create an inconvenience to your members, but it also introduces major problems in the event that you terminate your subscription, or the vendor goes out of business. Gather Process Evidence. Digital processes should aim to strengthen a credit union’s legal and compliance position by capturing and reproducing stronger evidence than is possible with pen and paper. The majority of legal disputes call into question the clarity of the process or understanding of terms and conditions, with claims such as, “That’s not what I signed”, “I didn’t see the information / document”, and “I didn’t understand the information”. For this reason, it is not enough to simply secure an electronic document with a tamperproof electronic signature. An enterprise electronic signature platform should provide both document AND process evidence. Process evidence captures a record of all web pages, documents, disclosures, or pop-up windows that were displayed; emails or SMS messages sent; any image capture; IP address; as well as the time/date of each event. Do NOT use Email to Distribute Documents Containing Private Member Information. There are many types of documents that may need to be shared with members; some require signatures, and some, such as consumer disclosures, may not need a signature but by law, must be delivered. Regardless of whether a signature is required or not, if a document contains member information and you need to be able to prove delivery of the information, email will NOT suffice. Firstly, email is not a secure channel; secondly, if emailing a PDF document to a customer, there is no way to be certain your members have the system requirements necessary to receive, open and view the PDF. How can you be sure that the font and layout of the disclosure will display exactly in accordance with the law? The recommendation here is to deliver documents and disclosures through a secure html page (one that the member logs into to view). From there, PDF copies of documents can be downloaded for their own files.By following these 5 best practices, not only will you provide better service to your members through more streamlined processes, you’ll be able to more comfortably embrace electronic signatures knowing that you’re in a more secure legal and compliant position than if you were to continue transacting using pen and paper.Related Resource: Security for E-Signatures and E-RecordsAbout e-SignLive™ by SilanisCredit unions of all sizes choose e-SignLive™ because e-signatures matter. With over 600 million documents processed annually, e-SignLive by Silanis is the most widely used e-signature solution in financial services. As CUNA Strategic Services’ Exclusive E-Signature Partner, we have helped many credit unions with a paperless process for member sign-up, loan fulfillment and more. We understand the unique credit union difference, and can help create a personalized digital and mobile experience for your members. Compliant, enforceable and secure, e-SignLive makes the online signing process easy and accessible. Contact us for special credit union pricing and learn how to get started with e-signatures right away, with no IT effort.center_img When moving member-facing processes online with electronic signatures, security is a top concern for credit unions. It’s important to have confidence that your records will be reliable and enforceable in the event of a dispute or compliance audit, and that your member data is protected. To help with these concerns, we’ve compiled the 5 most important features you need to look for in an electronic solution.Use Digital Signatures. Both the document and the electronic signatures should be protected using digital signature technology. The digital signature creates a digital fingerprint of the document (called a hash) that can later be used to verify the integrity of the electronic record. Even if the document is tampered with in the slightest way, the electronic signature will be visibly invalidated. This is a unique and significant advantage over the paper world, where it is not always possible to detect changes that have been made to a document. It is worth noting that applying a digital signature as an envelope to a document (once all signatures have been captured) is not a recommended practice. This approach leaves the document and signatures unprotected while the process is being completed and results in the wrong date and time stamp being placed on individual signatures. If a signer and co-signer e-sign a mortgage application on two separate days, you want that history reflected in the audit trail. Applying digital signature encryption as each e-signature is added to the application builds a comprehensive audit trail with a unique date and timestamp from when each signature was applied. Make it Easy and Intuitive. Look for intuitive, one-click signature and document verification. If the verification process is too cumbersome, users may wrongly assume that the document and signatures are valid, without proper verification. For example, when verifying a document that has been e-signed with e-SignLive™, users click on the signature block. This opens the audit trail and automatically verifies both signer authentication and document validity. A red ‘X’ or green check indicates whether the document can be trusted. A one-click process such as this simplifies the user experience, leading to greater confidence in the e-signature and reassurance that any errors or fraudulent actions will be detected. Plus, there is no need to train any of your members on how to verify a document.last_img read more

H1N1 FLU BREAKING NEWS: Vaccine development, underreporting of cases, Mexico City lowers alert as Australia raises it

first_imgMay 22, 2009HHS funnels $1 billion toward vaccine for novel H1N1 fluHealth and Human Services (HHS) Secretary Kathleen Sebelius announced today that she is allocating about $1 billion in existing funds toward clinical vaccine studies this summer and for commercial-scale production of both antigen (active ingredient) and adjuvant (which boosts a person’s immune response) for a novel H1N1 influenza vaccine. “The actions we are taking today will help us be prepared if a vaccine is needed,” Sebelius said in a news release.[May 22 HHS news release]Global novel flu numbers rise slightlyGlobal novel H1N1 influenza totals pushed to 11,168 cases and 86 deaths, the World Health Organization (WHO) reported today. The Philippines reported its first case, to push the number of affected countries to 42 as the global case total grew by 134 since yesterday. The numbers include 3,892 cases with 75 deaths in Mexico, 5,764 cases and 9 deaths in the United States as of yesterday, 719 cases and 1 death in Canada, and 20 cases and 1 death in Costa Rica.[WHO update 36]US case count tops 6,500The number of confirmed and probable novel H1N1 flu cases in the United States today swelled to 6,552, up 212 cases from yesterday, the Centers for Disease Control and Prevention (CDC) reported. No new deaths were reported. Also, no new states reported cases, to hold the total of affected states at 47, plus the District of Columbia.[Current CDC numbers]Cases underreported in Britain?Some influenza experts suspect that the number of novel H1N1 influenza cases may be higher than reported in Britain, the Associated Press reported today. The country is reportedly trying to contain the virus by blanketing suspect cases and their contacts with oseltamivir, which several experts, such as Michael T. Osterholm, PhD, MPH, at the University of Minnesota, said won’t work. According to the AP, Britain and Spain are also testing only those who have a travel history or are case contacts.[May 22 AP story]Mexico City downgrades alertMexico City yesterday lowered its novel flu alert, which removed restrictions on visiting public places, the British Broadcasting Corporation (BBC) reported. The city’s mayor, Marcelo Ebrard, said resident no longer need to wear masks, and he noted that no new infections with the novel flu virus had been reported for a week in the city.[May 22 BBC article]Australia raises its pandemic alert levelAustralia’s health ministry today raised its pandemic alert to the “containment” phase, as the number of novel H1N1 influenza rose to 11 and the country detected its first instance of community transmission of the virus, Bloomberg News reported. Two schools closed for a week after student cases were confirmed, and health officials are testing 28 more suspected cases. The government also said it was considering ordering H1N1 vaccine from Australia-based CSL Ltd.[May 22 Bloomberg News story]last_img read more

Major Dutch funds still on course for pension cuts despite September lift

first_imgThe current situation means that the €442bn civil service scheme would have to cut pensions by between 0 and 1.5%, a reduction of €0 to €12 per month for a pension of €800 a month, net. The reduction would also affect pension accrual. A spokesperson explained to Dutch pension publication Pensioen Pro that the current position would effectively lead to a 0.4% cut, which is the difference between the 91% now and the critical coverage ratio of 95%, spread over the maximum allowable timeframe of 10 years.“We wanted to mention a range for the scheme members so as not to give false precision”ABP spokesperson“We wanted to mention a range for the scheme members though, so as not to give false precision,” the spokesperson said.The 1.5% at the top of the range would occur at a coverage ratio of 80%.Even though the scheme uses the example of a reduction spread out over a 10-year period, ABP has not yet made a final decision on the choice of timeframe, the spokesperson added. A shorter timespan would mean relatively higher cuts.Schemes look to politicians Healthcare scheme PFZW saw its coverage ratio increase from 89.9% to 92.2%, meaning this fund is also below the critical funding ratio – although the difference is smaller than at ABP. The critical coverage ratio for PFZW is 94%. As things stand the pension cut could be a one-off 1.8%.  The schemes are appealing to the government.“To avert cuts, we urgently need the help of The Hague,” PFZW director Peter Borgdorff stated in the pension fund’s quarterly report.ABP said its “hope is based on a rapid implementation of the pension deal” and on “measures that prevent unnecessary, multi-year reductions during the transition period”.In addition to possible reductions next year, ABP and PFZW also risk having to make cuts linked to the minimum required own funds measure from 2021. These would happen if funds are not able to reach 100% by the end of 2020.Metal industry fundsThe metal funds PMT and PME are already heading for such a reduction at the end of this year. Both schemes are still well below the required funding level, despite improvements in September. PMT stood at 94.6%, precisely two percentage points more than at the end of August. PME’s last position was 93.4% compared with 91.5% a month earlier. Based on current levels, a reduction of 5-7% would be required for the metal industry funds.It would “almost take a miracle” to avert these cuts next year, PME director Erik Uijen said.“We’ve been preparing members as much as we can, yet this will come as a big blow to everyone”PME director Erik Uijen“We’ve been preparing members as much as we can, yet this will come as a big blow to everyone,” he added.PMT reported that it is in talks with social affairs minister Wouter Koolmees and that it insists on a “smooth and stable transition to a new system.”A spokesperson said that PMT would, simply put, prefer to not apply any cuts next year. Together with other funds a plan is being studied for different calculation rules in the new system. These are “certainly not just about the discount rate,” the spokesperson said.ABP and PFZW do not want to elaborate on their talks with the minister or with other funds: “All kinds of negotiations are taking place at the moment, it’s best not to interfere with this now,” said the ABP spokeswoman.PME reported in September that it did not want to spread out the cuts across the full span of 10 years, partly due to the cost. The scheme prefers to apply a reduction of less than 4% in one go and further cuts of 7% in two steps. PMT has similar plans, the fund said at the time.The reductions in these cases are unconditional, as opposed to the recovery plan cuts at PFZW and ABP, as these can still be reversed if the funding ratio improves. Large Dutch pension funds’ coverage ratios improved somewhat in September, but not enough to eliminate the prospect of pension cuts, according to the quarterly reports from industry-wide schemes ABP, PFZW, PMT and PME. The threat of reductions looms despite good investment performance, the reports indicate. In the third quarter ABP posted a return of 3.8%, PFZW 5.5%, 5.7%, PME 5.7%, and PMT 7.2%. ABP reached a current coverage ratio of 91% at the end of September. This is an improvement on the 88.6% in late August, but still well below the critical coverage ratio, which for ABP must be around 95% at the end of 2019. Chair Corien Wortmann-Kool said: “In all likelihood, we will have to reduce pensions next year, and it does not look good for the coming years either.”last_img read more

More middle-aged Kiwis opposed to legalisation than in favour

first_imgCannabis: More middle-aged Kiwis opposed to legalisation than in favour – surveyNewsHub 22 May 2020Family First Comment: Significant opposition to cannabis legalisation…“49.8 percent of participants OPPOSED legalisation, while ONLY 26.8 percent were in favour… Women and those with dependents were more likely to oppose, while Kiwis who had used cannabis or other drugs before, a history of depression, Maori ancestry, parental drug use and higher education attainment were in favour. A vast majority (90 percent) want cannabis to remain illegal for those under 18, 70 percent believe it should be illegal for private individuals to sell the drug and 54.4 percent believe cannabis is harmful.”#saynopetodope #voteNOMiddle-aged Kiwis are more likely to oppose cannabis legalisation than be in favour of it, a study from the University of Otago shows.With the cannabis legalisation referendum coming up at September’s election, there’s interest in finding out which way Kiwis swing on the issue.The University of Otago Christchurch Health and Development Study (CHDS) surveyed 900 40-year-old New Zealanders and found 49.8 percent of participants opposed legalisation, while only 26.8 percent were in favour. The rest were neutral. CHDS has been following the lives of 1000 Cantabrians born in 1977.The interviews were done in 2017 and 2018, before the referendum and any detail on it was announced.Women and those with dependents were more likely to oppose, while Kiwis who had used cannabis or other drugs before, a history of depression, Maori ancestry, parental drug use and higher education attainment were in favour.A vast majority (90 percent) want cannabis to remain illegal for those under 18, 70 percent believe it should be illegal for private individuals to sell the drug and 54.4 percent believe cannabis is harmful.On the issue of decriminalisation – where the drug isn’t sold legally but those caught are not prosecuted – 47.8 percent are in support, 27.2 percent oppose and the rest are neutral.More than 80 percent of those middle-aged Kiwis surveyed agree or strongly agree that doctors should be able to prescribe medicinal cannabis and that the drug was an effective form of chronic pain relief.READ MORE: https://www.newshub.co.nz/home/new-zealand/2020/05/cannabis-more-middle-aged-kiwis-opposed-to-legalisation-than-in-favour-survey.htmlCannabis study provides glimpse into how New Zealand may vote in referendumStuff co.nz 22 May 2020Middle-aged Cantabrians are more likely to be opposed to the legalisation of cannabis for recreational use than in favour of it, a University of Otago study suggests.New Zealanders will vote in a non-binding referendum on whether to legalise the sale, use, possession and producton of cannabis in September.It will be held at the same time as the 2020 general election and euthanasia referendum on September 19.Researchers have been tracking the lives of more than 1000 Cantabrians since their birth in 1977 and interviewed them at the age of 40.READ MORE: https://www.stuff.co.nz/national/politics/121581610/cannabis-study-provides-glimpse-into-how-new-zealand-may-vote-in-referendumlast_img read more

Four charities to benefit from Digicel’s top up and donate promotion

first_img Share LocalNews Four charities to benefit from Digicel’s top up and donate promotion by: – June 7, 2012 Sharing is caring! Share Sharecenter_img Tweet 27 Views   no discussions Thursday 7th June, 2012 – Roseau, Dominica: As part of its promise to move its communities forward in a positive way, Digicel today launched a brand new Top-up promotion in which it will donate 20% of the value of every Top-up transaction to four needy Dominican charities – Infirmary, House of Hope, Workshop for the Blind, Dominica Association of Persons with Disabilities. Today, Thursday 7th June, Digicel prepaid customers who Top-up will be supporting these four charities, because when a customer Tops-up today, Digicel will donate 20% of the value of the Top-up to the charities in cash. So, for example, if a customer Tops-up with $10, Digicel will donate $2 in cash to the charities. Digicel Dominica Country Manager, Richard Stanton, said; “As part of our promise to give back to our communities, we are proud to be donating 20% of the value of every single Digicel Top-up today to four worthy charities. We are particularly excited about this Top-up promotion as our customers directly impact the value of the donation – the more Top-up transactions that take place today, the more money we will donate to these charities. As such, we are encouraging all customers to –Top-up today and know that 20% of the value of their Top-up will be donated in cash by Digicel.”Digicel is also encouraging its loyal postpaid customers to support this worthy cause by simply making a contribution in a special box provided at the Digicel Flagship store on Corner of Great George and Great Marlborough Steet or at the Corporate Office on Dame Eugenia Charles Boulevard. Customers can Top-up at any local vendor nearest to them on Thursday 7th June, 2012. The lucky four charities qualified for this donation will be announced on the Kairi FM, DBS and Q95 radio stations by 13th June. Press Releaselast_img read more