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Life’s a Boom Beach for finnish game maker

first_img More From Our Partners Police Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.org Life’s a Boom Beach for finnish game maker whatsapp Tuesday 24 March 2015 9:25 pm CLASH of Clans developer Supercell reported yesterday that its core profit doubled to €515m (£378m). Sales tripled last year on the back of profitable hit games, such as Clans and others Hay Day and Boom Beach. Supercell said revenues for 2014 increased to €1.54bn from €519m. Express KCS Share Show Comments ▼ whatsapp Tags: NULLlast_img read more

Venmo now allows transactions with cryptocurrency

first_imgMastercard and Visa are trying to streamline crypto payments on their networks. Goldman Sachs will reportedly soon offer its private wealth management clients avenues to invest in bitcoin and other digital currencies. And Morgan Stanley announced that it will offer its wealthy clients access to bitcoin funds, CNN reported. The-CNN-Wire™ & © 2021 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. AdvertisementDC Young Fly knocks out heckler (video) – Rolling OutRead more6 comments’Mortal Kombat’ Exceeded Expectations Says WarnerMedia ExecutiveRead more2 commentsDo You Remember Bob’s Big Boy?Read more1 commentsKISS Front Man Paul Stanley Reveals This Is The End Of KISS As A Touring Band, For RealRead more1 comments AdvertisementCryptocurrency is becoming increasingly mainstream. Last week, crypto enthusiasm soared as trading platform Coinbase went public at a valuation of $86 billion, followed by a wild 500% rally in Dogecoin — an asset that was created as a joke in 2013. Cryptocurrency backers have spent years insisting that bitcoin, ethereum and other digital coins could revolutionize the world of finance. That hasn’t happened yet, but Venmo’s announcement is another example of how crypto is creeping ever closer toward mainstream acceptance, CNN reported. Venmo isn’t the only company to except cryptocurrency. Tesla starting accepting bitcoin payments for its cars and now holds some of the digital currency on its balance sheet. Important things to know before the stock market opens Wednesday May 27, 2021 Bitcoin sinks 12% after Elon Musk tweets that Tesla won’t accept it as payment Advertisement RELATEDTOPICS Bitcoin suffers flash crash following week of crypto hype April 19, 2021center_img Crypto News: Ethereum is at an all-time high May 4, 2021 AdvertisementTags: bitcoin Advertisement May 14, 2021 CNN – Venmo announced on Tuesday that it is allowing its users to sell, buy and pay with cryptocurrency on the app. Venmo, which is owned by PayPal, said its more than 70 million customers can buy bitcoin, ethereum, litecoin and bitcoin cash for as little as $1.Cryptocurrency is often daunting to newbies, so Venmo is offering in-app guides and videos to help answer frequently asked questions. More than 30% of Venmo customers have already started purchasing cryptocurrency or equities, according to the payments company. And 20% of those customers started doing so during the pandemic. AdvertisementRecommended ArticlesBrie Larson Reportedly Replacing Robert Downey Jr. As The Face Of The MCURead more81 commentsGal Gadot Reportedly Being Recast As Wonder Woman For The FlashRead more29 commentslast_img read more

Brand new nightclub in Laois set to be open in time for Christmas

first_img A brand new nightclub is set to open its doors in Portlaoise just in time for Christmas.Most of us will remember Club 23 just off Main Street and it will be coming back but with a brand new name – Club Mustangs.Club 23, at the back of O’Loughlin’s Hotel, closed down a number of years ago but the new owners are bringing it back – albeit with a new name. It will be open from this Friday.John McDonald, the new owner of O’Loughlin’s Hotel in Portlaoise, completed the purchase last month.Mr McDonald, an All Ireland senior hurling winner with Kilkenny in 1983 and who also later played for Waterford, is the owner of the hugely popular Field Bar in Kilkenny city.Along with his wife Sally who he says “is the rock behind the business”, they bought O’Loughlin’s Hotel from the O’Loughlin family who have owned the business since 1995.Confirming the news of the new nightclub, John said: “We are working very hard to have the renovations complete in time for Christmas.“Reopening the late bar and venue was one of the main things we wanted to do when we acquired O’Loughlin’s Hotel and it is very close to becoming a reality.“We know how much the people of Laois loved the old establishment and we are certain they will fall in love with Club Mustangs too.”SEE ALSO – New owner of O’Loughlin’s Hotel outlines his plans and sees great future for Portlaoise TAGSClub MustangsO’Loughlins Hotel Home Sponsored Brand new nightclub in Laois set to be open in time for… Sponsored WhatsApp Twitter RELATED ARTICLESMORE FROM AUTHOR By LaoisToday Reporter – 16th December 2019 Pinterest Pinterest WhatsApp Facebook GAA GAA Brand new nightclub in Laois set to be open in time for Christmas Twitter Facebook Here are all of Wednesday’s Laois GAA results Previous articleAnnual Clonaslee St Stephen’s Day walk all set for latest event in aid of Laois HospiceNext articleIn Pictures: Mountrath CS students hold Santa Dash for Pieta House LaoisToday Reporter Kelly and Farrell lead the way as St Joseph’s claim 2020 U-15 glory GAA 2020 U-15 ‘B’ glory for Ballyroan-Abbey following six point win over Killeshinlast_img read more

OECD reports second quarter GDP slowdown

James Langton Real gross domestic product growth slowed in the second quarter due to sluggish demand, the Organization for Economic Co-operation and Development (OECD) reports. The Paris-based organization said Thursday that GDP growth in the OECD area slowed to 0.2% in the second quarter, compared with 0.4% in the first quarter. A slowing in private consumption was the main cause of the overall slowdown, it says, as it contributed just 0.1 percentage point to GDP growth, compared with 0.3 percentage points in the previous quarter. The contributions of government consumption and gross fixed capital formation were negligible in the second quarter, compared with 0.1 percentage point in the first quarter, the OECD adds. However, these effects were partially offset by stockbuilding and net exports, which each contributed 0.1 percentage point to overall GDP growth in the quarter. In Canada, the increased contribution of domestic demand was counterbalanced by a deterioration in net exports, leaving overall GDP growth stable at 0.5%, the OECD says. Whereas, for the United States, the contribution of net exports improved slightly, but private and government consumption weakened. Japan saw a significant fall in the contribution from private consumption (it added just 0.1 percentage point to growth, compared with 0.7 in the previous quarter), which dragged its GDP growth to 0.2% down from 1.3% in the previous quarter. Keywords Economic indicatorsCompanies Organisation for Economic Co-operation and Development Leading indicators signal steady rebound: OECD Household debt-to-income ratio fell in first quarter: Statscan Share this article and your comments with peers on social media Facebook LinkedIn Twitter Economy lost 68,000 jobs in May Related news read more

Defensive Driving Campaign to be Launched in November

first_imgFacebookTwitterWhatsAppEmail A defensive driving public education campaign dubbed ‘Drive for Life’ will be launched by the Road Safety Unit in November.The campaign is designed to equip drivers with the necessary defensive driving techniques for the nation’s roads.Director of the Road Safety Unit, Paul Clemetson, said the campaign “will endeavour to instill knowledge, awareness and discipline that many drivers did not acquire when they were being trained for their licence.”The Director, who was speaking at a Sponsors’ Breakfast hosted by the Unit recently at the Hilton Kingston Hotel, said that the campaign will also bring to focus, the consequences of traffic violations, and how these relate to the perpetrator, other road users, the health sector, and the economy.The Road Safety Unit reported that 256 persons have been killed since the start of the year and 73 per cent of those killed were passengers in private motor vehicles.September 24 and 25 were the two most deadly days of the year, when 10 private motor vehicle passengers died in St. Catherine as a result of improper overtaking and speeding by drivers.Mr. Clemetson said that the number of crashes for this year is likely to exceed the number for last year. He noted that, “2006, is the first time in five years that Jamaica did not experience a decline in road crashes.”“What this speaks to is the necessity for some type of intervention to prevent the mayhem and carnage we are experiencing on our roadways,” he stated, noting that quite a lot of traffic crashes are as a result of the blatant disregard of simple road rules. In the meantime, Minister of Transport and Works, Michael Henry said that he would be looking at the road laws that exist.This is necessary, he said, to attack the issue of reckless driving on the roads. “The need to influence a change in drivers’ attitude and behaviour cannot be overstressed. Indiscipline on the nation’s roadways has become rampant. Traffic crashes are depleting the essential human, physical and financial resources, all critical elements of the national development of the country,” he stated. RelatedDefensive Driving Campaign to be Launched in November RelatedDefensive Driving Campaign to be Launched in November RelatedDefensive Driving Campaign to be Launched in Novembercenter_img Advertisements Defensive Driving Campaign to be Launched in November UncategorizedOctober 12, 2007last_img read more

Ramping Up Development

first_imgRamping Up Development The Property Council of Australia has welcomed the raft of positive announcements in the Tasmanian Government’s State of the State Address.Executive Director Rebecca Ellston said the Property Council has been clear about the reforms which are required to lead our state’s COVID-19 recovery.“At a time when our State is trying to build its way out of a pandemic it’s crucial that development is supported.“The implementation of an Apartment Code to establish appropriate Permitted and Discretionary assessment pathways for medium-density residential development is something that the Property Council has long been advocating for, and believes will provide the right environment for economic stimulus.“The Code will fast track appropriate good quality housing supply in built up areas which are close to employment opportunities and established services and infrastructure by providing more certainty and consistency for developers.” Ms Ellston said.Rebecca Ellston said the Property Council would take a good look at the proposed changes to land tax rates and thresholds in coming days.“However, it’s worth noting that Tasmania’s land tax regime is still very competitive compared with the rest of the nation.“It’s imperative that Tasmania becomes the most attractive place in the nation to invest – and that includes an attractive taxation regime.“Our state doesn’t have headquartered companies like Melbourne and Sydney and it doesn’t have the populations of these cities either, so we need to build our competitiveness in other areas and this includes land tax.“Given the changing nature of our state’s cultural and economic fabric in recent years, there’s never been a better time to invest in Tasmania.“Hard hats and steel caps dominate the suburbs and high-vis vests can be seen right across the Hobart CBD, demonstrating the importance of the property industry during these challenging times.” Ms Ellston said.“Projects and developments that keep Tasmanians employed are the real shot in the arm our economy needs right now as we recover.“With 80 percent of the site physically remediated, it’s pleasing to see the State Government providing additional funding to Macquarie Point to accelarate their work and unlock $0.5 billion worth of private investment. This will in turn create more jobs and boost investment within Hobart’s CBD.”“The $10 million Headworks Holiday for new residential subdivisions is likely to make a significant difference to unlocking the potential of existing residential zoned land and the consequential housing supply.”Importantly, appropriate timeframes for statutory approvals by agencies such as local Government, TasNetworks and TasWater remain highly critical for recovery and the Government must be front and centre in not allowing timeframes to be extended by these organisations. The Property Council believes that they must be appropriately funded and have the resources to review and approve work and not become a road block.Ms Ellston said the Property Council looked forward to continuing a strong and robust working relationship with the State Government and Opposition in the lead-up to the State Election. /Public Release. This material comes from the originating organization and may be of a point-in-time nature, edited for clarity, style and length. View in full here. Why?Well, unlike many news organisations, we have no sponsors, no corporate or ideological interests. We don’t put up a paywall – we believe in free access to information of public interest. Media ownership in Australia is one of the most concentrated in the world (Learn more). Since the trend of consolidation is and has historically been upward, fewer and fewer individuals or organizations control increasing shares of the mass media in our country. According to independent assessment, about 98% of the media sector is held by three conglomerates. This tendency is not only totally unacceptable, but also to a degree frightening). Learn more hereWe endeavour to provide the community with real-time access to true unfiltered news firsthand from primary sources. It is a bumpy road with all sorties of difficulties. We can only achieve this goal together. Our website is open to any citizen journalists and organizations who want to contribute, publish high-quality insights or send media releases to improve public access to impartial information. You and we have the right to know, learn, read, hear what and how we deem appropriate.Your support is greatly appreciated. All donations are kept completely private and confidential.Thank you in advance!Tags:Australia, director, economic stimulus, employment, environment, Government, Hobart, industry, infrastructure, Investment, Melbourne, Property Council of Australia, real estate, resources, Sydney, Tasmania, Tassielast_img read more

Reserve Bank of Australia announces interest rate decision 4 May

first_imgReserve Bank of Australia announces interest rate decision 4 May Reserve Bank of AustraliaAt its meeting today, the Board decided to maintain the current policy settings, including the targets of 10 basis points for the cash rate and the yield on the 3-year Australian Government bond, as well as the parameters of the Term Funding Facility and the government bond purchase program.The global economy is continuing to recover from the pandemic and the outlook is for strong growth this year and next. The recovery remains uneven, though, and some countries are yet to contain the virus. Global trade in goods has picked up strongly and commodity prices are mostly higher than at the start of the year. However, inflation remains low and below central bank targets.Sovereign bond yields have been steady recently after increasing earlier in the year due to the positive news on vaccines and the additional fiscal stimulus in the United States. Inflation expectations have lifted from near record lows to be closer to central banks’ targets. The 3-year government bond yield in Australia is at the Board’s target of 10 basis points and lending rates for most borrowers are at record lows. The Australian dollar remains in the upper end of the range of recent years.The economic recovery in Australia has been stronger than expected and is forecast to continue. This recovery is especially evident in the strong growth in employment, with the unemployment rate falling further to 5.6 per cent in March and the number of people with a job now exceeding the pre-pandemic level.The Bank’s central scenario for GDP growth has been revised up further, with growth of 4¾ per cent expected over 2021 and 3½ per cent over 2022. A pick-up in business investment is expected and household spending will be supported by the strengthening in balance sheets over the past year. The unemployment rate is expected to continue to decline, to be around 5 per cent at the end of this year and around 4½ per cent at the end of 2022.Despite the strong recovery in economic activity, the recent CPI data confirmed that inflation pressures remain subdued in most parts of the Australian economy. A pick-up in inflation and wages growth is expected, but it is likely to be only gradual and modest. In the central scenario, inflation in underlying terms is expected to be 1½ per cent in 2021 and 2 per cent in mid 2023. In the short term, CPI inflation is expected to rise temporarily to be above 3 per cent in the June quarter because of the reversal of some COVID-19-related price reductions.Housing markets have strengthened further, with prices rising in all major markets. Housing credit growth has picked up, with strong demand from owner-occupiers, especially first-home buyers. Given the environment of rising housing prices and low interest rates, the Bank will be monitoring trends in housing borrowing carefully and it is important that lending standards are maintained.At its July meeting, the Board will consider whether to retain the April 2024 bond as the target bond for the 3-year yield target or to shift to the next maturity, the November 2024 bond. The Board is not considering a change to the target of 10 basis points. At the July meeting, the Board will also consider future bond purchases following the completion of the second $100 billion of purchases under the government bond purchase program in September. The Board is prepared to undertake further bond purchases to assist with progress towards the goals of full employment and inflation. The Board places a high priority on a return to full employment.The date for final drawings under the Term Funding Facility is 30 June 2021. Given that financial markets in Australia are operating well, the Board is not considering a further extension of this facility. Authorised deposit-taking institutions have drawn $100 billion so far and a further $100 billion is currently available. Given the facility provides funding for 3 years, it will continue to support low funding costs in Australia until mid 2024.The Board is committed to maintaining highly supportive monetary conditions to support a return to full employment in Australia and inflation consistent with the target. It will not increase the cash rate until actual inflation is sustainably within the 2 to 3 per cent target range. For this to occur, the labour market will need to be tight enough to generate wages growth that is materially higher than it is currently. This is unlikely to be until 2024 at the earliest. /Public Release. This material comes from the originating organization and may be of a point-in-time nature, edited for clarity, style and length. View in full here. Why?Well, unlike many news organisations, we have no sponsors, no corporate or ideological interests. We don’t put up a paywall – we believe in free access to information of public interest. Media ownership in Australia is one of the most concentrated in the world (Learn more). Since the trend of consolidation is and has historically been upward, fewer and fewer individuals or organizations control increasing shares of the mass media in our country. According to independent assessment, about 98% of the media sector is held by three conglomerates. This tendency is not only totally unacceptable, but also to a degree frightening). Learn more hereWe endeavour to provide the community with real-time access to true unfiltered news firsthand from primary sources. It is a bumpy road with all sorties of difficulties. We can only achieve this goal together. Our website is open to any citizen journalists and organizations who want to contribute, publish high-quality insights or send media releases to improve public access to impartial information. You and we have the right to know, learn, read, hear what and how we deem appropriate.Your support is greatly appreciated. All donations are kept completely private and confidential.Thank you in advance!Tags:Australia, Australian, Australian Government, central bank, credit growth, employment, environment, GDP, GDP growth, Government, housing, inflation, Investment, record low, Reserve Bank of Australia, unemployment, United Stateslast_img read more

Mitsubishi Engleberg Tourer concept hints at the next-gen Outlander

first_img COMMENTSSHARE YOUR THOUGHTS Created with Raphaël 2.1.2Created with Raphaël 2.1.2 Mitsubishi Engleberg Tourer concept  Graeme Fletcher / Driving When is it coming? The Engleberg Tourer Concept is just that at the moment. However, don’t be surprised to see much of the technology surface when the Outlander gets its next refresh. A version of this powertrain recently debuted in the European version of the Outlander PHEV. ‹ Previous Next › Trending in Canada RELATED TAGSMitsubishiSUVElectricNon-LuxuryGenevaElectric VehiclesGeneva Motor ShowNew VehiclesNon-Luxury Created with Raphaël 2.1.2Created with Raphaël 2.1.2Mitsubishi Engleberg Tourer conceptGraeme Fletcher, Driving Created with Raphaël 2.1.2Created with Raphaël 2.1.2Mitsubishi Engleberg Tourer conceptGraeme Fletcher, Driving Created with Raphaël 2.1.2Created with Raphaël 2.1.2Mitsubishi Engleberg Tourer conceptGraeme Fletcher, Driving Created with Raphaël 2.1.2Created with Raphaël 2.1.2Mitsubishi Engleberg Tourer conceptGraeme Fletcher, Driving Created with Raphaël 2.1.2Created with Raphaël 2.1.2Mitsubishi Engleberg Tourer conceptGraeme Fletcher, Driving Created with Raphaël 2.1.2Created with Raphaël 2.1.2Mitsubishi Engleberg Tourer conceptGraeme Fletcher, Driving Created with Raphaël 2.1.2Created with Raphaël 2.1.2Mitsubishi Engleberg Tourer conceptGraeme Fletcher, Driving Created with Raphaël 2.1.2Created with Raphaël 2.1.2Mitsubishi Engleberg Tourer conceptGraeme Fletcher, Drivingcenter_img What is it? The Mitsubishi Engleberg Tourer Concept, which is said to preview the next-gen Outlander, gets its name from a ski resort in central Switzerland. It’s a plug-in hybrid (PHEV) that has an electric-only driving range of 70 kilometres — roughly 20 more than the current Outlander PHEV — thanks to its upsized battery and a combined gas/electric driving range of 700 kilometres. Both are good numbers for a large, three-row crossover.Why does it matter? Up front, the 2.4-litre gas-powered engine works with an electric motor, while the rear axle is powered by a second electric motor. The format not only delivers significantly perkier performance — the Canadian-spec Outlander uses a 2.0L engine — it promises better fuel economy. The layout also lends to an advanced all-wheel-drive setup. The Engleberg Tourer also has different driving modes: There is the electric only mode, a parallel hybrid mode that delivers the best economy/performance balance and can be used to recharge the battery, along with a series hybrid mode that sees the gas engine act as a big generator to power the electric motors. Buy It! Princess Diana’s humble little 1981 Ford Escort is up for auction An engagement gift from Prince Charles, the car is being sold by a Princess Di “superfan” Should you buy it? The Outlander PHEV has been an unqualified success as the world’s best-selling plug-in hybrid. Based on the snappy outward look, interior style and improved performance and economy, the Engleberg Tourer Concept would build on that success. advertisement We encourage all readers to share their views on our articles using Facebook commenting Visit our FAQ page for more information.last_img read more

2019 Jeep Wrangler flips twice during IIHS crash testing

first_img PlayThe Rolls-Royce Boat Tail may be the most expensive new car everPlay3 common new car problems (and how to prevent them) | Maintenance Advice | Driving.caPlayFinal 5 Minivan Contenders | Driving.caPlay2021 Volvo XC90 Recharge | Ministry of Interior Affairs | Driving.caPlayThe 2022 Ford F-150 Lightning is a new take on Canada’s fave truck | Driving.caPlayBuying a used Toyota Tundra? Check these 5 things first | Used Truck Advice | Driving.caPlayCanada’s most efficient trucks in 2021 | Driving.caPlay3 ways to make night driving safer and more comfortable | Advice | Driving.caPlayDriving into the Future: Sustainability and Innovation in tomorrow’s cars | Driving.ca virtual panelPlayThese spy shots get us an early glimpse of some future models | Driving.ca ‹ Previous Next › The new-for-2018 Wrangler was originally eligible for a safety rating based on data supplied by the manufacturer because the model’s previous generation earned a ‘Good’ rating. In docs submitted by Fiat Chrysler, the Wrangler did not tip over. Under a verification program, IIHS conducts audit tests of some vehicles to ensure program integrity. The Wrangler was selected for one of these audit tests, both of which ended with the vehicle tipping over.The crash test group goes on to note that rollovers, even partial ones like those that occurred in the Wrangler tests, are especially dangerous crashes. This is partly due to the risk of complete or partial passenger ejection and is of particular concern in the Wrangler, given it has a removable roof and doors.RELATED Watching footage of the Insurance Institute for Highway Safety carrying out its driver-side small overlap test can be stomach-churning. Meant to simulate a crash in which only the front corner of a vehicle hits a stationary object at speed, the test generally results in many strewn parts and the test vehicle spinning counter-clockwise away from the barrier.When sampling a 2019 Jeep Wrangler Unlimited, however, the testers witnessed something unexpected. After crashing into the barrier and shearing off most of its left-front suspension, the Wrangler cocked a back wheel and tipped onto its passenger side doors. This, as you’d imagine, is less than ideal.It wasn’t a one-off fluke, either. As you may expect, Jeep questioned if this outcome was related to the method IIHS engineers used in attaching the Jeep to a crash propulsion system. The test facility agreed to conduct a second exam using a different method, which was approved by Fiat Chrysler. The second test also ended with the Wrangler lying on its side. A whopping 64 vehicles qualify for the IIHS’ 2020 Top Safety Pick award Trending Videos We encourage all readers to share their views on our articles using Facebook commenting Visit our FAQ page for more information. Buy It! Princess Diana’s humble little 1981 Ford Escort is up for auction An engagement gift from Prince Charles, the car is being sold by a Princess Di “superfan” However, the IIHS notes that a partial rollover presents an additional injury risk and that a vehicle tipping onto its side is not an acceptable outcome for a frontal crash. As a result, the Wrangler’s overall rating was downgraded to marginal. center_img RELATED TAGSJeepWranglerSUVNon-LuxuryNew Vehiclescrash testJeepNon-Luxurywrangler The 2020 Ram 1500’s the first truck to earn top marks in IIHS safety testingBarring the FCA Flip, Wrangler actually performed well by the normal metrics used to evaluate performance in this style of crash test. The driver’s space was maintained and the dummy’s movement was controlled. See More Videos COMMENTSSHARE YOUR THOUGHTS advertisement The Rolls-Royce Boat Tail may be the most expensive new car ever Trending in Canadalast_img read more

DBJ To Launch Development Assistance Voucher for SMEs

first_imgFacebookTwitterWhatsAppEmail RelatedJamaica Must Stay the Course – Finance Minister RelatedSLB Gets $2 Billion DBJ To Launch Development Assistance Voucher for SMEs Budget 2014/2015April 18, 2014Written by: Latonya Linton Advertisementscenter_img ​As of next month, the Development Bank of Jamaica (DBJ) will be providing a voucher for technical assistance to Small and Medium Enterprises (SMEs) which qualify.Minister of Finance and Planning, Dr. the Hon. Peter Phillips explained that this is an electronic voucher issued by financial institutions and redeemed by SMEs at Business Development Organisations (BDOs).​The vouchers will assist these enterprises with attaining capacity development services with the aim of improving their chances of accessing credit.“The DBJ will finance 70 per cent of the cost of the services with vouchers of values ranging from $100,000 to $300,000, to be accessed by up to 85 SMEs,” Dr. Phillips said.​Vouchers can be used for business plan preparation, business process improvement, financial management, mentorship and coaching, and the preparation of financial statements, strategic plans, and marketing plans.He made the disclosure as he opened the 2014/15 Budget debate in the House of Representatives on Thursday, April 17.The Finance Minister noted that the voucher system is currently being developed and technical agreements are being signed with participating business developmentorganisations, and financial institutions.Meanwhile, for the fiscal year 2013/14 the DBJ approved loans totaling $8.2 billion, which supported investment of $15 billion with potential for over 4,000 new jobs.“What is also significant is that the DBJ set a target of $2 billion for the MicroSmall and Medium Enterprises (MSME) sector and I am pleased to report that by the end of the last fiscal year it surpassed the target by some $288 million, which included some9,642 loans to the micro sector,” Dr. Phillips informed.​In support of the government’s growth agenda for the fiscal year 2014/15 the DBJ has set a lending target of $9 billion with some $3 billion specifically for the Micro Small and Medium Enterprises sector. Story Highlights​As of next month, the Development Bank of Jamaica (DBJ) will be providing a voucher for technical assistance.Dr. Phillips explained that this is an electronic voucher issued by financial institutions and redeemed by SMEs at Business Development Organisations (BDOs).​Vouchers can be used for business plan preparation, business process improvement, financial management, mentorship and coaching. RelatedDBJ to Continue Energy Management Strategylast_img read more