Shannon Chamber launches new Lean Network

first_imgAdvertisement Enterprise Ireland CEO Julie Sinnamon to join Shannon Chamber Webinar to share advice for companies as they embrace the recovery Email BusinessNewsShannon Chamber launches new Lean NetworkBy Staff Reporter – November 9, 2016 1991 Facebook Shannon Companies Sharing Data on their Preparedness for COVID-19 Shannon training programmes go virtual Quality, Reliability and Cost Rank High in Assessment of Sup-Suppliers by Multinational and Larger Indigenous Companies WhatsApp Twittercenter_img RELATED ARTICLESMORE FROM AUTHOR Print Chamber members hoping for good news on jobs front Launching the new Mid-West Lean Network (from left): Gene Leonard, managing director, LBSPartners; Helen Downes, chief executive, Shannon Chamber; Alan Keogh, plant manager and Neil Enright, GLSS site development leader, Molex Shannon. Photo: Eamon Ward.A NEW business network, aimed at encouraging companies to adopt Lean practices, has been set up for the Mid West region.The brainchild of Shannon Chamber, the Mid-West Lean Network, will be managed by Shannon Chamber, chaired in the first instance by Molex Shannon and directed by LBS Partners. The network is open to businesses across all sectors who wish to learn about and introduce Lean into their organisations.Inaugural network chairman, Neil Enright, GLSS site development leader with Molex stated: “The purpose of the new network is to strengthen and increase an existing culture of Lean within the Shannon and the wider Mid-West region to enable each industry to broaden and strengthen their competitiveness through knowledge sharing and benchmarking against each other and different industries.Sign up for the weekly Limerick Post newsletter Sign Up “We see this as a key enabler to attract new investment and job growth within the region by making each member more cost effective and better service providers by creating long-term value for their customers.“Through collaboration with our academic partner, the University of Limerick, we will work to ensure that a pipeline of relevant programmes is available to help strengthen the requisite skill sets. We will also work with government agencies like IDA and Enterprise Ireland to ensure that our members are aware of and can avail of the funding and support available through these agencies’ Lean programmes.”Speaking at the launch, Shannon Chamber’s chief executive Helen Downes said: “We have been hosting annual Lean in Business seminars since 2011. Their popularity stems from the fact that they give companies the opportunity to see first-hand how Lean works and the benefits that can be derived from becoming Lean.“We looked at the success of a number of Forums we have already established – the CEO and HR Forums in particular – and thought, why not a Lean network along the same lines. The buy-in has been tremendous and I am delighted that Molex’s Neil Enright has agreed to be the first chair, ably assisted by the Shannon Chamber team and, Gene Leonard and Michelle Whelan from LBS Partners.“Based on a poll of 13 topics presented at the launch, a roster of Lean topics will be chosen for a series of monthly Lean workshops, which will commence in January 2017. A number of companies have already volunteered to host some of these workshops in their facilities, which is an amazing buy-in already. As evidenced from the presentations at the Lean seminar, the benefits from introducing Lean are quite staggering and we look forward to witnessing an increased robustness in enterprises gained from adopting Lean.”Contact [email protected] to register interest and membership is free. Linkedin Previous articleSoccer – Janesboro and Moyross clash set for TVNext articleSoccer – FAI unveil new Football Development Officer for Limerick Staff Reporter TAGSLean NetworkShannon Chamber Shannon Chamber Webinar to help people cope with the stresses of COVID-19 last_img read more

Housing’s Impact on Economic Growth

first_img default Economy Equity HOUSING Underwater 2019-07-18 Seth Welborn  Print This Post Tagged with: default Economy Equity HOUSING Underwater Share Save Seth Welborn is a Reporter for DS News and MReport. A graduate of Harding University, he has covered numerous topics across the real estate and default servicing industries. Additionally, he has written B2B marketing copy for Dallas-based companies such as AT&T. An East Texas Native, he also works part-time as a photographer. Sign up for DS News Daily Home / Daily Dose / Housing’s Impact on Economic Growth Servicers Navigate the Post-Pandemic World 2 days ago Demand Propels Home Prices Upward 2 days ago Previous: Homeownership Rates Missing the Mark Next: Reforming Fannie and Freddie The Best Markets For Residential Property Investors 2 days ago A new report from CoreLogic examines how housing has played a part in what is now the longest economic expansion on record. According to a CoreLogic special report, titled “The Role of Housing in the Longest Economic Expansion,” in July 2019,  the United States’ economic expansion reached 121 months. The economy has continued to grow since the recession ended in 2009, and with housing comprising approximately 15% of GDP since 2010, the real estate market is an important indicator of economic health.“During the last nine years, the expansion has created more than 20 million jobs, raised family incomes and rebuilt consumer confidence,” said CoreLogic Chief Economist Frank Nothaft. “The longest stretch of mortgage rates below 5% in more than 60 years has supplemented these factors. These economic forces have driven a recovery in home sales, construction, prices and home equity wealth.”In Q1 2019, the total percent of homes underwater went from 25.9% in the first quarter of 2010 to 4.1% in the first quarter of 2019. Meanwhile, home equity reached $15.8 trillion up from $6.1 trillion in 2019. Additionally, CoreLogic notes that home flipping has increased significantly since the recession, reaching its highest point 11.4% in 2018. The number of homes underwater dropped by over 21 percentage points to 4.1% in the first quarter of 2019, while the biggest drop (6.2%) occurred between 2012 and 2013 when the share of homes with negative equity went from 22.4% to 15.5%, driven in part by  a 10.2% rise in home prices. “Home prices have increased steadily since 2011, creating record amountsof home equity and putting homeowners in a good position to weather future downturns,” said Molly Boesel, Principal Economist, CoreLogic.According to CoreLogic, concerns over an imminent recession have been rising as the economy continues to progress. In the housing economy, while home prices are still growing, they aredoing so at a slower pace. Home prices increased just 3.6% year over year in May 2019, down from 4.1% in January. Additionally, housing starts in May 2019 underperformed, dropping 0.9% below the revised April estimate. “We expect the housing market to enter a normalcy phase over the next 24 months,” said Ralph McLaughlin, Deputy Chief Economist. “With prices neither rising too fast nor too slow, and with a growing stream of young households looking to buy homes over the next two decades, the long-term view looks healthy.” in Daily Dose, Featured, Government, Market Studies, News Governmental Measures Target Expanded Access to Affordable Housing 2 days agocenter_img The Week Ahead: Nearing the Forbearance Exit 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Demand Propels Home Prices Upward 2 days ago The Best Markets For Residential Property Investors 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago July 18, 2019 1,260 Views About Author: Seth Welborn Related Articles Data Provider Black Knight to Acquire Top of Mind 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Housing’s Impact on Economic Growth Subscribelast_img read more

Sadiq Khan to launch rent cap for London’s PRS homes ‘next week’

first_imgHome » News » Sadiq Khan to launch rent cap for London’s PRS homes ‘next week’ previous nextRegulation & LawSadiq Khan to launch rent cap for London’s PRS homes ‘next week’Policy bid is rumoured to be given green light next week but has been savaged by Tory mayor candidate Shaun Bailey as ‘disastrous’.Nigel Lewis10th July 201901,903 Views Next week Mayor of London Sadiq Khan is to ask central government for powers to introduce rent controls in London, it has been claimed by Conservative mayoral candidate Shaun Bailey.Khan has been looking at introducing a ‘stabilisation’ form of rent control that would cap rent rises within London’s private rented sector after doing a U-turn on the policy recently.Last year Khan said in a consultation document that: “The Mayor will consider what measures would limit unacceptable rent increases without negatively impacting on housing supply, and how they could work in the capital”.Rent cap controlsKhan does not have the powers to introduce such a policy yet, but late last year revealed that he thought the “housing crisis is now having such an effect on a generation of Londoners that the arguments in favour of rent stabilisation and control are becoming overwhelming”.The proposed rent cap powers are expected within his much anticipated ‘London Model’ blueprint for the capital’s rental market.It has been in development since last year and is expected to also include proposals for mandatory open-ended tenancies.But the mayor’s proposals have been savaged by Shaun Bailey (left) in a series of tweets, calling the proposal to introduce rent controls ‘disastrous’, claiming that they would “would take a bad London housing and rental market situation and make it worse”.“Over time rent controls push landlords out of the market – reducing supply – and generate less investment in properties, lowering the quality on offer,” he said.“Does London really want to be a place like New York where people scour the obituaries hoping to score a ‘rent-controlled’ flat?”.ren cap Shaun Bailey rent controls Sadiq Khan July 10, 2019Nigel 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 2021last_img read more

NBD Flag Wavers celebrate 20 years at Award Ceremony

first_img Tweet NBD Flag Wavers. On Saturday, March 31st, the NBD Flag Wavers held an Award Ceremony to celebrate their 20th anniversary and to recognize special contributions to the group. The group expressed thanks to the Cultural Division for its unwavering support, and to the National Bank of Dominica Ltd, who has been their sponsor for over eight years.According to the Head of the Cultural Division, Mr. Raymond Lawrence, it is a rare occurrence for a group to last that long, and that the group should be congratulated on this achievement. NBD’s Marketing Manager, Suzanne Piper, attributed the group’s longevity to the dedication of its leaders and urged the group to stay committed. Among the various awards given, members received recognition for spirit, energy, technique and versatility. An active leader of the group, Kristelle Fagan described the evening as surreal. “We have many talented young people and we had a very successful season and it was appropriate to celebrate our success.” Ms, Fagan commented.She went on to express that the NBD Flag Wavers was not only a performance group but was a family and she was honoured to contribute to the positive development of these young ladies. The NBD Flag Wavers has been a main feature at several Carnival and Independence activities over the years and continues to provide a creative avenue for dance expression among Dominica’s female youth.Press Release Share Sharing is caring! LocalNews NBD Flag Wavers celebrate 20 years at Award Ceremony by: – April 6, 2012center_img 60 Views   no discussions Share Sharelast_img read more

Lyon bites back for Australia in final session

first_imgBy Amlan ChakrabortyDHARAMSALA, India(Reuters)-Australia off-spinner Nathan Lyon claimed four wickets in the final session to halt India’s progress and help restrict the hosts to 248 for six on the second day of the fourth and final Test on Sunday.At 157 for two, and with the dependable Cheteshwar Pujara and stand-in skipper Ajinkya Rahane looking set in the middle, India appeared to have the upper hand before Lyon (4-67) intervened after tea.In the first over of the final session, Lyon sent back Pujara for 57 and went on to dismiss Karun Nair, Rahane and Ravichandran Ashwin to deflate the hosts.Ravindra Jadeja clobbered a couple of sixes and was batting on 16 at the close, while Wriddhiman Saha was on 10, having survived two reviews and a dropped catch.India are still 52 runs behind Australia’s first innings total of 300 in the decider of the four-Ttest series which is level at 1-1.“It’s an unbelievable feeling, to be pretty evenly poised after day two,” Lyon told reporters.“I know we probably left a few runs out there but to have India six down for 240-odd after a pretty a good day on the field — (I am) quite happy to be honest.”Pat Cummins and new ball colleague Josh Hazlewood were aggressive in the morning session on a pitch which offered wholesome bounce to the pacemen.Hazlewood was rewarded for constantly attacking the line outside the off-stump when Murali Vijay edged him to Matthew Wade to depart for 11.Fellow opener Lokesh Rahul was hit on the index finger of his right hand by a Hazlewood delivery but the right-hander recovered to score 60 and give India a strong start.The 24-year-old left well, drove elegantly and slog-swept Steve O’Keefe for a six en route to his fifth half-century of the series.The second-wicket partnership was worth 87 runs and was looking ominous until Rahul went for a wild hook, with the bouncer hitting the toe end of his bat before finding David Warner at mid off.Rahane found himself in the line of fire and the otherwise dependable batsman made things difficult for himself by trying to pull and hook his way out of trouble.Pujara, who batted for more than 11 hours in the drawn third test in Ranchi for his 202, played with characteristic calmness at the other end and brought up his fifty with a boundary off Lyon.The off-spinner claimed a major breakthrough when he ended Pujara’s nearly three-and-half hour vigil by getting him caught at short leg.Leading the side in absence of injured regular skipper Virat Kohli, Rahane fell to Lyon for 46 with Australia skipper Steve Smith taking a sharp catch at slip.Ashwin made 30 before he was trapped leg-before by Lyon.“All of us got starts but we could not convert,” Rahul said of his top and middle order colleagues.“We’re happy. (At the) end of the day, (nearly) 250 runs for six wickets was not really the worst day for us.” AUSTRALIA 1st innings 300 (S. Smith 111, M. Wade 57, D. Warner 56; K. Yadav 4-68)India 1st innings (Overnight: 0-0)L. Rahul c Warner b Cummins 60M. Vijay c Wade b Hazlewood 11C. Pujara c Handscomb b Lyon 57A. Rahane c Smith b Lyon 46K. Nair c Wade b Lyon 5R. Ashwin lbw b Lyon 30W. Saha not out 10R. Jadeja not out 16Extras (b-4 lb-9) 13Total (for 6 wickets, 91 overs) 248Fall of wickets: 1-21 M. Vijay,2-108 L. Rahul,3-157 C. Pujara,4-167 K. Nair,5-216 A. Rahane,6-221 R. AshwinTo bat: B. Kumar, K. Yadav, U. YadavBowling: J. Hazlewood 18 – 6 – 40 – 1,P. Cummins 21 – 5 – 59 – 1,N. Lyon 28 – 5 – 67 – 4,S. O’Keefe 24- 4 – 69 – 0.last_img read more