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Air France cancels 10 longdistance 25 European flights

first_img Friday, July 29, 2016 Air France cancels 10% long-distance, 25% European flights Share << Previous PostNext Post >> The Canadian Press Posted by PARIS — Air France has cancelled 10 per cent of its long-distance flights Friday, during a period of high traffic due to summer vacations, because of a strike by cabin crew.The company also cancelled 25 per cent of European flights to and from Paris Charles-de-Gaulle airport and 15 per cent of domestic flights.Two unions have called for Air France cabin crew members to go on strike from July 27 to Aug. 2. They are protesting against further decreases in the number of crew members and to call for better working conditions.Air France flights operated by other companies, including HOP!, KLM and Delta, are not affected by the strike.last_img read more

From foodie tours to bucket lists Insight is excited for 2017 It

first_img Share From foodie tours to bucket lists, Insight is excited for 2017: “It will be a busy year for us” Posted by TORONTO — The right product at the right time: that is the key to success in 2017, according to Insight Vacations CEO John Boulding. Joined by Insight Vacations Canada President Cris David and The Travel Corporation Canada President Jeff Element, Boulding spoke about his excitement for the travel industry in 2017.“In 2016, there were many misconceptions about travel, especially Europe,” said Boulding, “but I’m now seeing participants at our consumer showcases focused on planning, not on fears.”At Insight Vacations, clients, tour directors and contractors have all contributed to making tours better with their comments and suggestions, and as Boulding explained, there are three things that every traveller wants to experience.“It’s all about the individual,” said Boulding, who said that food, bucket list aspirations and learning are key to making their travel experiences memorable. Unlike in the past, travellers are no longer just sightseeing, but want to take a step deeper and Insight Vacations has responded, with their tour directors in contact with guests prior to trips, to make sure their aspirations are met.The Insight Vacations teamThere is plenty of new offerings to lure Canadian travellers to Insight Vacations, including three new tours: Warsaw and The Baltic States, a nine-day tour through Poland, Lithuania, Latvia and Estonia; Country Roads of Southern Scandinavia, a 13-day tour; and a Scandinavian Heritage tour, a 30-day trip with experiences in Norway, Sweden and Denmark.More news:  SEVEN WONDERS OF EGYPTAs Insight Vacation Canada’s David explained, Ireland and Scotland are the most popular destinations with Canadians travelling with Insight Vacations, buoyed by the success of marketing campaigns by both countries to encourage visitors to explore their ancestry.Another part of Scandinavia that is on every traveller’s bucket list is Iceland. “There is an endless number of people who now want to visit Iceland,” said David, “and my advice is to book early.” But not just Iceland. Many European destinations are high on Canadian lists, from Spain and Portugal in Western Europe to Croatia and Bosnia in Eastern Europe.Another focus for Insight Vacations is its Luxury Gold Collection. Offering the next level of exclusivity, these A-list tours are focused on providing many more VIP experiences to guests and are available in Europe, North America, South America and Asia.Boulding illustrated the in-depth offerings of the Luxury Gold Collection by sharing a recent experience from a trip that included a visit to Memphis and its most famous address: Graceland. Unlike most visitors who go on the regular tour, Luxury Gold guests take an after-hours tour with Elvis Presley’s best friend George Klein and enjoy dinner on site, learning about Presley more than one would ever know from the standard tour or the history books.More news:  Consolidation in the cruise industry as PONANT set to acquire Paul Gauguin CruisesWith a focus on its Luxury Gold Collection, new and updated itineraries and partnership with the Me to We Foundation, Insight Vacations is poised for continued success, said Boulding. “Travellers have left behind 2016 and 2017 is looking like it will be a busy year for us.” Waheeda Harris Friday, December 9, 2016 Tags: Insight Vacations, Luxury Travel, The Travel Corporation << Previous PostNext Post >> About Latest Posts Waheeda HarrisA traveller from a young age, Travelweek contributor Waheeda Harris is pop culture obsessed, loves spicy food and is happy to wander around our planet with her camera in hand. Latest posts by Waheeda Harris (see all) Celebrity Equinox, Celebrity Edge stars of JetSet3 fam – April 23, 2019 Unleash the power of cross-company digital transformation to revolutionize your CX – February 8, 2019 On location: Cabo San Lucas welcomes the stylish Riu Palace Baja California – December 20, 2018last_img read more

Sabre and FlightGlobal to provide realtime flight schedule data to agents

first_img Share SOUTHLAKE, Texas — Even the most seasoned travel agent has experienced this frustration. After finding the perfect flight to match a traveller’s preferred schedule, without warning the flight time has changed or, even worse, the flight is gone altogether.That familiar anxiety will become a thing of the past as Sabre Corporation will be the first technology provider to introduce live data feeds from FlightGlobal’s schedule data, the industry’s most comprehensive database of airline schedules from more than 900 carriers worldwide, into its leading global distribution system (GDS) and travel booking platforms. Now more than 425,000 travel agents worldwide have live access to flight changes and up-to-the-millisecond flight schedules – a critical element to search and book flights with full confidence.“As the first to integrate FlightGlobal’s data with a core travel agency reservation system in the industry, Sabre provides the highest level of schedule reliability to our global agency network for virtually every passenger flight around the world,” said Wade Jones, interim president and senior vice president of strategy for Sabre Travel Network. “Travelers and agents will breathe easier knowing they have the most accurate information at their fingertips.”“FlightGlobal is delighted that Sabre is the first beneficiary of our new and improved schedule distribution capability,” said Lee Johnson, executive director of data operations at FlightGlobal. “Working closely with Sabre, a long-standing industry partner, and using our industry leading schedules data, we ensure that all schedule changes filed with us directly by our airline partners are now immediately displayed in the Sabre platform and to Sabre’s global agency network.”More news:  Virgin Voyages de-activates Quebec accounts at FirstMates agent portalAll flight data processed in the Sabre travel marketplace and through Sabre APIs for online travel sites and developers will update dynamically at the time consumers, travel agents and business travelers shop for flights.For airlines, the increased schedule accuracy allows them to market more efficiently, ensure their inventory is accurately displayed across channels, and better manage seat availability for each flight. Meanwhile, travel consultants will experience a modernized schedule process in the Sabre Red agency platform, with more reliable content at their fingertips that will drive more effective sales and improved customer satisfaction. Monday, February 13, 2017 Tags: GDS, Sabre, Technology Travelweek Group center_img << Previous PostNext Post >> Posted by Sabre and FlightGlobal to provide real-time flight schedule data to agentslast_img read more

Water shortage to be worse tomorrow

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Fabulous fair at hotel

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Infographic Seven steps to a healthier heart

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Family ask for muchneeded help

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Update Bones not human

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first_imgNo related posts. A decrease in the price of gasoline was announced Wednesday by the Public Services Regulatory Authority (ARESEP) and is expected to take effect next week.“Super” gasoline will cost ₡723 ($1.42) per liter (a ₡20 decrease), and “plus” will cost ₡681 ($1.34) per liter (a ₡16 decrease) when published in the official newspaper La Gaceta. Diesel prices, however, will increase ₡5, from ₡604 to ₡609 ($1.20).The price adjustment comes by the automatic calculation system Aresep uses to average the monthly international price of oil with domestic prices.In July, the regulatory agency approved two decreases in fuel prices. Facebook Commentslast_img read more

first_imgAfter the magnitude-7.6 earthquake that struck northwestern Costa Rica on Sept. 5, tourism business owners are looking to regain the confidence of tourists, both locally and from abroad.Reports from the Costa Rican Tourism Board (ICT) state that occupancy rates in hotels are 30-50 percent of what they expected for the season, and cancellations at travel agencies are following a similar trend.Hotels, restaurants and other businesses on beaches and in coastal towns began to advertise discount deals of up to 50 percent on lodging, as well as other enticements including free meals, tours and scuba and surf lessons.The ICT posted a list of available offers on its website and via social media.During mid-year vacations in July, Guanacaste hotels registered the country’s highest occupancy rates for domestic tourism. Southern Guanacaste hotels reported an estimated 78 percent occupancy, and hotels in the north of the province reported 62 percent occupancy rates.Seismic activity has decreased since the recent earthquake, and while the latest report from the Volcanological and Seismological Observatory of Costa Rica on Monday noted that plates under the Nicoya Peninsula are still moving, the movement produces only minor aftershocks.Still, more than 2,000 aftershocks have been registered since Sept. 5, including four on Saturday in the province of Cartago, east of San José. The most recent aftershocks ranged in magnitude from 2.4-2.8. Facebook Comments No related posts.last_img read more

first_imgNo related posts. Caribbean band MasterKey performed at Theater at Noon this Tuesday at the National Theater.  The five-man vocal group presented 10 different songs as part of the recital “Costa Rican Caribbean Musical Heritage.”Unaccompanied by instruments, the group used a combination of vocals and beat box, singing everything from calypso classics like “Banana” to new twists on traditional songs like “Amazing Grace.”MasterKey was formed in 1997, when the quintet Marcos and Winstn Milliner, Edson McField, Dabbin Cole and David Tucker met at the Seventh Day Adventist Church of Desemparados. Starting with gospel music, the group began to gain notoriety for a cappella skills, and have performed for past Costa Rican presidents as well as the king of Spain.This performance at Theater at Noon is the first of two Afro-Costa Rican themed concerts. Next Tuesday, Carlos Saavedra will perform “Caribbean Concert: Calypso Experience.”  Facebook Commentslast_img read more

first_imgPLAYA TAMARINDO, Guanacaste – Surf instructor Luis Sequeira had just taken his students out into the mild waves of Playa Tamarindo on Sunday when he heard a man scream.“Auxilio! Auxilio! Help! Help me!”Then came the voice of a woman. “Somebody, help him! Please!”Sequeira quickly sent his students – a mother and her 7-year-old daughter – to shore, but held on to one surfboard. He then turned to face the flailing couple, who turned out to be Spainards Adán Rivera and Natalia Latite. He was shocked and horrified by what he saw.An American crocodile was chasing Rivera. It looked huge, around 7 feet long. In the distance, a smaller crocodile circled ominously.Good God, Sequeira remembers thinking. What can I do?“In Tamarindo we don’t have lifeguards watching over people,” he said. “Sometimes it’s up to the locals to step up.”Sequeira advised Rivera to turn and face the croc head on, hoping he might intimidate it. That didn’t work.The croc closed the distance and connected first with its claw, scratching Rivera’s left shoulder and leaving several gashes. Then the croc opened its mouth and chomped down. As the jaws shut, Rivera tried to push the crocodile away, and from Sequeira’s vantage point, it looked as if the man’s middle and index fingertips were bitten clean off.Sequeira began slamming his surfboard against the water, splashing and making as much noise as possible. “I knew I had to confront it, to intimidate it, and to let it know who was boss,” he said.The crocodile retreated, spooked, and Rivera and Latite headed for shore. But the reptile wasn’t finished. It made a wide turn and headed south – away from the estuary and toward some rocks, where two other people were surfing. When Sequeira realized the creature was making a beeline for a pair of Swiss tourists, he jumped on his surfboard and raced to get between the croc and the surfers. He screamed to them in English, warning them of danger. “Swim away from me! Swim left! Let the current take you in!”Sequeira says he managed to propel the woman, who was paddling atop her board, to shore, and the man also made it back safely. The moment the woman touched the sand, she began to run, full speed. When she later came back to thank Sequeira, tears were streaming down her face.Meanwhile, the Spanish couple was still on the beach. Rivera was bleeding and Latite was in hysterics. “She was trembling, sobbing, and had no idea where she was or what she was saying,” Sequeira said. “I sent them immediately to the hospital, because who knows what kind of bacteria are in the mouths of crocodiles. It might get infected and he could lose his fingers.”Yamileth Álvarez, owner of Clínica San Gabriel en Villa Real, checked Rivera in. “Luckily it didn’t rip off his whole finger,” Álvarez said. “Just the nail. … His girlfriend was still in shock, so I didn’t ask too many questions.”The Tico Times tried to track down Rivera and Latite at their hostel, Botella de Leche, but less than 24 hours after the attack, they had already checked out.“The man wanted to stay here and keep surfing, but his girlfriend was very nervous and wanted to leave,” receptionist Socorro Urbina said. Urbina didn’t know where they were going, but she guessed somewhere away from the beach.The next day, Sequeira marveled at how fortunate Rivera was to have walked away from the encounter.“[Rivera] was super, super lucky,” he said. “[The crocodile] didn’t grasp onto his shoulder, or get his whole hand or arm in its mouth. Crocs don’t just bite and let go. They chomp down, hold on, and spin and spin in the water until the prey is ripped to pieces.”Although crocodiles aren’t known to attack humans in Costa Rica very often, Sequeira is correct. In 2008, a crocodile attacked 13-year-old Dakota Kilbride, who was surfing at Playa Hermosa on the Central Pacific Coast. The boy’s leg was ripped to shreds.  In March of this year, a crocodile lunged at a photographer near the infamous “Crocodile Bridge” near Jacó, but the man walked away unscathed. (See video below.)The American crocodile’s preferred habitat is fresh or slightly salty waters of river mouths and mangroves, and it can grow up to 20 feet long. It is listed as endangered in nearly all parts of North, Central and South America.Costa Rica’s American crocodiles normally stay by the river mouths, but during rainy season the brackish water expands. The animals sometimes get confused and venture farther away from the estuary.Tamarindo’s crocodiles are well fed, with plenty of birds, crabs, fish and insects to feast on. It’s unusual for them to be aggressive toward humans. “I think the reason they are so confrontational right now is because October is their egg-laying season,” said Rafael Sandoval, manager of Kelly’s Surf Shop. “The females don’t tolerate people getting too close.”Sequeira said he will inform the Environment Ministry about what happened, so its employees can evaluate whether the crocodile needs to be removed from the area. Related posts:7-foot crocodile that attacked surfer in Costa Rica was ‘just confused,’ says victim Crocodiles Run but Can’t Hide from Lagarteros Search continues for missing man eaten by crocodiles in Costa Rica Body found floating in Tempisque River, apparently mutilated by crocodile This crocodile attacked a surfer in Tamarindo on Sunday. Courtesy of Rafael Sandoval Facebook Commentslast_img read more

first_imgNo related posts. A slum that about 100 people consider home, El Hueco lies behind Jacó’s all-inclusive resorts, casinos and international restaurants. It’s the antithesis of the touristy enclave. But like the infamous beach town, El Hueco’s own prosperity is dependent on the tourism business.“Jacó doesn’t produce anything,” Carlos said. “If there wasn’t tourism, we wouldn’t have jobs.”Spending time with Carlos and María is an education on life in the other Costa Rica. On a budget of just $480 a month, María and Carlos make it work.  The single room that shelters the couple and their two children is only about 300 square feet. Not an inch lacks purpose. The perimeter of the cramped space is lined with the family’s possessions, and so is the kitchen. The bathroom, essentially a toilet behind a makeshift wall, sits about three feet away from a few cots huddled together in the corner. Smiling family photos cover the walls, as do school pictures of the oldest child – a great source of pride. Not many in the neighborhood have the chance to hang such adornments.In El Hueco, even an elementary education is considered a luxury. School itself is free, but uniforms and school bus rides are not, meaning many adults in the neighborhood cannot afford to have their children transported to or dressed for school. To decrease costs, some parents rotate their children in and out of school, allowing them to share one uniform. María has noticed that many of the community’s children run around the neighborhood when they should be attending high school. “This is not a place for minors,” she said. “Their minds are like sponges, and they soak up all the bad influences.” Carlos’ two young children run in circles, playing tag on a path that winds through one of Costa Rica’s poorest neighborhoods. On one side of the path flows a river contaminated by sewage. Ramshackle homes droop down an embankment on the other.Most of the homes lack doors and windows, revealing disheveled interiors. Carlos’ home is the last in the long line of dwellings. When visitors come, Carlos’ family members pour out to say hello, including his wife, María, his mother, his brother, his in-laws and numerous nieces and nephews. “Welcome to our home,” María says.María and Carlos, who requested that their last names be withheld for safety reasons, have lived in “El Hueco” the past 14 years. That’s the name of their neighborhood. The hole. Carlos and María can afford to send their children to school because Carlos works 12 hours a day, six days a week as a security guard for a prominent hotel in downtown Jacó. He gets Mondays off.In her position as a cook in another hotel in Jacó, María only works on weekend shifts during low season. High season also has its peaks and valleys, though. María says she is grateful for the work, and even more so for a recent raise. Recently, her hourly wage increased from ₡800 to ₡1,200 per hour.María’s new wage is in line with the Costa Rican minimum wage for non-skilled workers in the tourism industry, and it adds up to a daily rate of just under $17, based on an eight-hour work day. In Nicaragua, where María and Carlos are from, their salaries would be at most half of that, María points out.     Carlos provides the lion’s share of the household income, and every penny is spent with purpose. After laying out $140 for electricity, $88 for the school bus ($2 per day) and $240 for food, just $12 of savings remains from their monthly income.With no financial wiggle room, the family and many other residents of El Hueco sometimes ask for money from tourists and locals. María said she’s embarrassed about having to do so, but she also emphasized the necessity. Despite the challenges, Carlos and María consider themselves lucky – they know things could be worse.“We live in poverty,” Carlos said, “but we make it work.” Facebook Comments The municipality of Garabito is also an occasional source of extra income. Home to about 22,000 people and encompassing Jacó and Herradura, the municipality works closely with antipoverty programs, such as Instituto Mixto de Ayuda Social (IMAS), which is funded by the national government. The organization helps poor children get an education. It also provides aid to families in times of crisis. A new community center under development will also provide free afterschool programs.The central issue, according to Garabito Deputy Mayor Karla Gutiérrez, is volume. With the tourism in Jacó creating job possibilities, people continue to arrive in search of opportunities. “If we take out two people, six will enter. The problem is there’s no control,” she said.Because El Hueco is one of three similar communities in the area – Cristo Rey, located in nearby Herradura, is the second largest – the issue doesn’t end with finding alternative housing for those in El Hueco. Each time one family leaves, there’s a race to claim the vacancy.“[Residents] call family members and tell them they’ve found housing and that they can all live together,” Gutiérrez said. “[El Hueco] is used as housing for entire families, not just individuals.”last_img read more

For Sale Villa with panoramic view

first_imghttps://ticotimes.net/wp-content/uploads/slideshow-gallery/land-for-sale-santa-ana-san-jose-costa-rica-05-copy.jpg Next Image Previous Image https://ticotimes.net/wp-content/uploads/slideshow-gallery/land-for-sale-santa-ana-san-jose-costa-rica-06-copy.jpg https://ticotimes.net/wp-content/uploads/slideshow-gallery/land-for-sale-santa-ana-san-jose-costa-rica-04-copy.jpg https://ticotimes.net/wp-content/uploads/slideshow-gallery/land-for-sale-santa-ana-san-jose-costa-rica-03-copy.jpg info heading info contentcenter_img https://ticotimes.net/wp-content/uploads/slideshow-gallery/land-for-sale-santa-ana-san-jose-costa-rica-01-copy.jpg Related posts:Breathtaking mountain estate in San Rafael de Heredia for sale What do Ticos really think about foreigners in Costa Rica? A love letter to Costa Rica’s second language 7 things to consider before retiring abroad https://ticotimes.net/wp-content/uploads/slideshow-gallery/land-for-sale-santa-ana-san-jose-costa-rica-02-copy.jpg Check out all of our offerings in our new real estate section here.  Facebook Comments Price: $215,000Cellphone: +(506) 8814-0614Email: realestate@ticotimes.netLot: 1,595 M2The price has been reduced from $370,000 to $215,000. This is a true fire sale!This lot is one-of-a-kind, located in the best and most exclusive gated community in Escazú and Santa Ana. The lot is located just a couple of minutes from Mall Multiplaza, Cima Hospital, Avenida Escazú, Forum, and all of the fine restaurants and entertainment the area has to offer.This lot is a steal at only $125 per square meter. Other lots in the area sell for over $280 per square meter. This is the perfect lot to build your dream home!Features:GardenNear fitness centerNear golf courseNear hospitalLocated near a parkNear public transportationNear schoolsNear shopsPrivateMountain viewlast_img read more

Costa Rican motorists soon wont have to wait for police to clear

first_imgIt’s a common sight on Costa Rican roads: traffic snarled for blocks as two cars sit obstructing traffic, waiting for a traffic cop to appear and give the OK to move the vehicles.But soon drivers will no longer have to wait for authorities after minor accidents.President Luis Guillermo Solís and Public Works and Transport Minster Carlos Segnini signed a decree earlier this week that will allow motorists who get into minor accidents to move their vehicles out of traffic before they exchange insurance information.The decree — which takes effect 120 days after its publication in the government newspaper, La Gaceta — applies to accidents involving damage to vehicles only, and in cases where both drivers can come to an agreement.Casa Presidencial said the change would free up traffic police to address other issues and clear the country’s congested roadways from unnecessary traffic jams.Both parties would need to fill out a minor accident declaration provided by their insurer, along with photographs, video or other evidence to accompany the claim.If the drivers cannot come to an agreement, they would contact traffic police and sit blocking traffic — as usual. Facebook Comments Related posts:Uber up and running in Costa Rica despite red light from Transport Ministry Transport Ministry says Cañas-Liberia highway expansion will help local businesses, but residents are wary Some members of Costa Rica’s business sector alarmed over ‘historic’ jump in unemployment US ambassador to Costa Rica talks marijuana legalization, tradelast_img read more

Slothy Sunday A lazy sunny afternoon

first_imgHere at The Tico Times, we know news can sometimes feel overwhelming and disheartening.That’s why, each Sunday, we post a photo of an adorable sloth in Costa Rica. Click on the picture for a high-resolution version, and enjoy!For more Tico Times photos from the Costa Rica Animal Rescue Center, check out the link below: Our favorite photos from the Costa Rica Animal Rescue Center This story was made possible thanks to The Tico Times 5 % Club. If only 5 percent our readers donated at least $2 a month, we’d have our operating costs covered and could focus on bringing you more original reporting from around Costa Rica. We work hard to keep our reporting independent and groundbreaking, but we can only do it with your help. Join The Tico Times 5% Club and help make stories like this one possible.Support the Tico Times Facebook Commentscenter_img Related posts:Slothy Sunday: A baby sloth is born Slothy Sunday: For the love of sloths Slothy Sunday: Just hanging out Slothy Sunday: Charlie’s shocking storylast_img read more

Mt Pelerin Launches a OneStop Shop Service for Businesses to Raise Funds

first_imgMt Pelerin, the Swiss fintech company specialized in blockchain banking and finance, has announced the launch of a one-stop shop service to help startups and businesses raise funds with the help of security tokens.This new tool gives companies of any size the possibility to access fundraising methods like IPOs more easily and without significant entry barriers. This facilitated access should soon democratize and boost the liquidity of such investments.More specifically, security tokens allow raising funds by offering equity or bonds incorporated into a security token directly to the public, while remaining attractive for traditional investors. Mt Pelerin provides for such a sale with comprehensive support for the technical, financial and compliance aspects.This game-changing possibility was first used by Mt Pelerin itself when the company created and sold the first tokenized share in October 2018. With its token providing direct ownership of the Mt Pelerin Group SA entity (and therefore protection by Swiss law for its holder), the company sold 5% of its equity without intermediaries to hundreds of investors around the world, raising $2.15 million in the process.While Mt Pelerin works on obtaining a banking license in Switzerland, the company leverages today its technology and financial intermediary status to assist other companies to achieve the same feat. It wants to provide a future-oriented fund-raising tool that will enable the public to participate in the funding of companies directly. Beyond fundraising, companies will also find among the public their first ambassadors and potential customers.“In addition to the technical aspects of security tokenization, we are able to conduct KYC/AML on behalf of our clients and offer fiat escrow accounts,” explains Arnaud Salomon, the founder and CEO of Mt Pelerin. “A unique level of service in the blockchain space that companies would normally need to get from several expensive specialists, while we provide first-class expertise and due diligence in a single place.”The goal of this service is to help companies focus on their fundraising and relieve them from all the other tasks for which they don’t have the necessary time or technical capabilities. Here are the main services that Mt Pelerin proposes:– KYC/AML processing of investors– Fiat funds collection through escrow accounts– Competitive currency exchange– Legal document templates and support on the offering– Security token setup– Token sale smart contracts– Configuration of compliance rules– Issuer and contributor interface“Our purpose is to serve startups and SMEs with a comprehensive and professional tokenization technology easily and at a low cost.” Arnaud continues.Mt Pelerin’s technology differentiates itself by an approach based on the respect of compliance aspects (account opening, MiFID II, etc.) as well as anti-money laundering regulations. It is indeed capable to dynamically enforce transferability restriction rules triggered by a rule engine, over multiple possessions, allowing in this way the application of relevant regulations.Mt Pelerin addresses this problem through an open-source compliant tokenization framework designed to adapt to constantly evolving laws, as well as multiple jurisdictions.“Our framework allows for the flexibility and scalability required to provide total compliance for multiple jurisdictions and maintain it over the entire lifetime of a token as laws evolve,” details Arnaud Salomon. He also believes that the scale and scope of his open-source technology makes it a good candidate for a standardized solution, an unavoidable step for the widespread adoption of security tokenization in the financial industry.Moreover, the company is a member of the Capital Markets and Technology Association (CMTA) alongside industry heavyweights such as Pictet, Swissquote, Temenos, UBP and the law firm Lenz & Staehelin. Mt Pelerin contributes to the association on technical tokenization aspects, as well as on work related to democratizing financial tokenization.Mt Pelerin is a Swiss company based in Geneva building the first blockchain bank. It uses the technology to create a compliant and open ecosystem where individuals and businesses will be able to issue, deposit and trade tokenized securities straight from their bank account. With this new institution, Mt Pelerin envisions a new era of financial freedom through a facilitated and disintermediated access to financing and investment for all. Mt Pelerin has the ambition to become a fully authorized Swiss bank by 2020.___________________________________________________________If you would like to have your company featured in the Irish Tech News Business Showcase, get in contact with us at Simon@IrishTechNews.ie or on Twitter: @SimonCockinglast_img read more

Glanbia Ireland announces FarmGen Solar PV solution with SSE Airtricity and Activ8

first_imgGlanbia Ireland has today announced that they are to bring FarmGen, a farm generated renewable energy initiative, to the farming community.Working in partnership with SSE Airtricity and Activ8 Solar Energies, Glanbia Ireland is launching this renewable solar energy solution to market. FarmGen has combined the collective knowledge, experience and expertise of all parties to bring a turn-key solar powered energy solution to Glanbia Ireland farmers.This technology will help farmers grow their business sustainably into the future while improving energy efficiency on the farm and reducing bills.Following rooftop installation, FarmGen’s 6Kw Solar PV system will help power energy-intensive processes on farm, reducing the costs of milk cooling, vacuum pumps and water heating. Combined these three processes account for around 80% of total milk parlour energy consumption.Activ8 Solar Energies will supply and install state-of-the-art Solar PV panels along with a smart monitoring system on each farm. The system will monitor energy generation and consumption in real-time; helping farmers understand where and when energy is consumed, and therefore assisting them to adopt behaviours that will reduce energy costs and improve sustainability.As part of the solar offering, farms will also have export meters installed that enable them to potentially profit from future incentives to return electricity on to the grid. In advance of this measure, SSE Airtricity will provide an annual export rebate to FarmGen customers, as well as preferential energy rates on their 100% green energy.*Farmers can receive 100% financing for the FarmGen initiative through the existing Glanbia Ireland FundEquip scheme and can also leverage all available grant aids, such as TAMS II (Targeted Agricultural Modernisation Schemes) or SEAI. Activ8 Solar Energies will support all grant funding applications for customers.This solar power solution is open to all farming sectors and sizes, with customised commercial packages available and importantly there are also options available for those who wish to install Solar PV in their homes to harness the power of green energy. Farmers who wish to register their interest for this product can phone 1890 929 828 or visit www.farmgen.ieMichael Creed, Minister of Agriculture, Food & the Marine said: “This is a perfect fit with the Government’s own climate plan and ambition. It builds on the Department of Agriculture’s own TAMS grant, which is encouraging farmers to invest in renewable energies, particularly solar panels, on their farm. It’s great to see Glanbia Ireland take that scheme and work with it to enable the industry to collaborate for the benefit of Irish farmers.”Jim Bergin, CEO, Glanbia Ireland commented: “In Glanbia Ireland, our philosophy is that ‘Goodness Grows Here’ and we are delighted to join with SSE Airtricity and Activ8 Solar Energies to launch our FarmGen programme. Through this economically attractive renewable energy solution, we are empowering our farmers to grow their enterprise and to do this in harmony with the environment, for future generations.”Klair Neenan, Managing Director, SSE Airtricity added: “At SSE Airtricity, we believe this is generation green, and we’re delighted to be supporting this initiative to deliver renewable energy solutions to Glanbia Ireland’s network of farmers. We’ll be offering FarmGen customers an exclusive export rebate, as well as preferential rates for our 100% green energy. It’s great to be working with a forward-thinking organisation like Glanbia Ireland, bringing together our expertise to reduce energy costs and improve sustainability at the same time.”Ciaran Marron, CEO, Activ8 Solar Energies said: “As solar experts, Activ8 Solar Energies aims to take the burden away from the farmer, and offer a full turn-key solution from initial interest and grant application, right through to installation and commission of a farmer’s solar system.”Key highlights of the Glanbia Ireland FarmGen initiative include:· Solar PV: Solar PV panels will enable cost efficiency through reducing energy bills and powering farms through on-site renewable generation.· Smart Monitoring: Smart meters will enable farmers to better understand their energy generation and consumption and how they can adapt behaviour to drive further savings.· Export Meter: Export meters will future-proof farms for upcoming feed-in tariffs, enabling them to sell excess generation back to the electricity grid.· Preferential Rates and 100% Green Energy: FarmGen customers, who switch to SSE Airtricity will be supplied by 100% green energy at exclusive preferential rates, that will further reduce their carbon footprint.· Fully Funded Solution: The solutions available to Glanbia Ireland farmers through the FundEquip scheme, make it possible for farmers to receive competitively priced finance for this product offering.For more information on FarmGen, please view the following video here.*100% green energy based on Fuel Mix Disclosure and CO2 Emissions for 2017, published by the Commission for Regulation of Utilities (CRU), September 2018. For more information visit sseairtricity.com/greenenergylast_img read more

Ethics The only way business will survive AI and keep morality

first_imgBy Mathew DonaldIt is clear that the business environment is now characterised with fast paced change, filled with uncertainty and risk, while change is transmitted easily through a globalised world trading environment. In just a few short years apps, voice recognition, GPS and mobile phones have been combined with logarithms in order to market and sell. The apps and logarithms have moved so fast that there are now allegations of corruption, influence in USA elections and the selling of private data for commercial gain. AI will likely soon emerge to perform many routine human tasks, where the transformation will be driven by cost, service or improved time and efficiency.Ethics: The only way business will survive AI and keep moralityThis AI transformation is likely to aid the introduction of robots as they take on physical activities of operations, car driving, planes and many routine tasks.Staff have historically performed tasks based on policies, procedures and practices, each task being learnt and passed around. It is likely that over time AI will set out to replicate and improve many of these once human set of rules and practices, in order to replicate or improve. The mass change out of humans for AI or robots is not yet clear, yet based on current apps and mobile phone technology development we are clearly in an accelerating technology age.Already new technology, apps and AI are being adopted widely across whole industries and competition in very short periods of time. Once any new technology satisfies its initial users needs it is easily adopted by other organisations, aided by their high use of social media, internet and trade integration.Whilst new AI will likely have exceptional speeds, accuracy and replication qualities in the initial stages, it may be some time before AI can create exceptions, be creative or decide issues on moral grounds. The new age of disruption will likely create new efficiencies and new possibilities, moving so fast that staff and managers alike may not fully understand any resulting new products of services. If the new scenarios and options are left purely to AI it is likely that it will simply optimise and adopt, ignoring potential morality and society impacts. For instance, if AI invents a new reliable cloning process, there is potential for it to just be implemented based on efficiency, ignoring potential moral arguments to the contrary.Businesses that have used policies and procedures to set boundaries and control activities may now find that those practices are too slow to react if AI discovers a logical better way to perform. There is potential harm to society, staff and the organisation itself if it allows AI to learn and operate in pure isolation, based merely on efficiency or cost. New transactions or processes may emerge with AI that may not yet be barred by regulators, where staff and managers may find they cannot even fully understand what is being processed due to faster speeds and complexity.Should new processes take advantage of the poor, the ill or the disadvantaged it may not be satisfactory for managers to claim ignorance or that it was legal at the time. There appears to be a need for ethical behaviour in this emerging world of disruption, where some form of ethics is required to connect society with the organisation, especially its AI decisions. In an environment dominated by ethics it will matter not that a process or activity is purely possible and has advantage, rather it may be judged on its human harm, alignment to values or its creation of power imbalances.Poor publicity and loss of value is often associated with organisations that fail to align with society, so organisations that have interactive and close ethical oversight may reduce their risk of impropriety or any AI failures. Business may find that an ethical framework that is well connected to society and reasonable staff values may better fit this fast-paced world. New AI transaction types may be interwoven with social media announcements and world events, this will likely put pressure on managers to make quick decisions that may leave the organisation exposed.Staff of the future may not be in a position to wait for a new procedure in order to make a decision, where AI could make the decision quickly without any broader ethical understanding. Placing ethical frameworks around a business with associated training, may be a more prudent way of converting decisions into new opportunities in this new age.Harming society based purely on a logical AI invention, transaction or new process is something that will be avoided if ethical standards are entrenched enough. Old governance processes that were once slow and overly focused on past performance and policies will need to be replaced with ethical frameworks and trained to all.Leading and Managing Change in the Age of Disruption and Artificial Intelligence by Dr Mathew Donald is out now, published by Emerald Publishing, priced £65. For more information go to www.drmat.onlineMore information about Irish Tech News and the Business ShowcaseFYI the ROI for you is => We now get over 1.5 million monthly views, and up to 900k monthly unique visitors, from over 160 countries. AI, We have over 860,000 relevant followers on Twitter on our various accounts & were recently described as Ireland’s leading online tech news site and Ireland’s answer to TechCrunch, so we can offer you a good audience!Since introducing desktop notifications a short time ago, which notify readers directly in their browser of new articles being published, over 16000 people have now signed up to receive them ensuring they are instantly kept up to date on all our latest content. Desktop notifications offer a unique method of serving content directly to verified readers and bypass the issue of content getting lost in people’s crowded news feeds.Drop us a line if you want to be featured, guest post, suggest a possible interview, or just let us know what you would like to see more of in our future articles. We’re always open to new and interesting suggestions for informative and different articles. Contact us, by email, twitter or whatever social media works for you.Home If you would like to have your company featured in the Irish Tech News Business Showcase, get in contact with us at Simon@IrishTechNews.ie or on Twitter: @SimonCockinglast_img read more

What Smart Buildings can offer for 2020 and beyond with Siemens in

first_imgSmart Buildings from Siemens in Zug With 379,000 employees located worldwide, revenues of €83bn, and a net income of €6.1bn. the Siemens group of companies can make a rightful claim to lead the world in electrification, automatisation and digitalisation.Outside it was over 30 degrees Centigrade when visiting the new Siemens Campus in Zug, Switzerland this summer. Inside there was a perfect calibrated temperature for a modern working environment.Welcoming our small press group, Cedric Neike, Member of the Managing Board of Siemens and CEO of Smart Infrastructure, spoke about the global role Siemens plays in leading in Electrification, Automatisation and Digitalisation. Megatrends, such as Urbanisation, Demographic changes, Climate Change, Globalisation and Digitalisation, will bring about fundamental changes. Work, life and living will become more integrated and new ecosystems will emerge as people and things become more interconnected.Proud of the 172 year old company, Cedrik explained that “Siemens gives back to society probably more than any other company.” And how Siemens is leading the global digital challenge giving examples of installing an energy system in the delicate biosphere of the Galapagos Islands – and the plan to create a smart city, Siemensstadt, in a suburb of Berlin.The Siemens campus in Zug is a reference project that illustrates the opportunities of digitalization in building technology, energy efficiency and future-oriented working.Opened in December 2018, the Siemens Zug campus features an office building with 1,000 work spaces and a newly constructed production building. The campus is one of the first new projects to use Building Information Modelling (BIM) for design and construction. The complex is equipped with building automation, security and fire safety technology from the Siemens Smart Infrastructure Company. A particular emphasis is placed on sustainability and energy efficiency of the new constructions.“A smart building is flexible, it learns from previous interactions and it continually adapts to the needs of building users, actively contributing to their success”, explains Christoph Leitgeb, General Manager of the New Campus.Digital TwinThe Siemens Zug campus is one of the first new projects to use Building Information Modelling (BIM) for design and construction. The digital twin – a 3D model of the building, enhanced with technical information relevant for later operations – is the foundation for efficient, cost-optimized and forward-looking building management.Building automationThe campus complex is equipped with building automation, security and fire safety technology from Siemens SI. For safety and fire protection applications, 1350 sensors have been installed in the office building. There are 650 sensors in the office building for energy and comfort applications. For the Enlighted IoT platform, there are already 170 sensors installed, with another 600 to come as more floors are being prepared for Enlighted and the Comfy Workplace App.Workplace experience and space efficiencyThe Comfy workplace experience App seamlessly connects employees with the building. Staff are empowered to control aspects of their workplace environment (temperature and lights), space availability and booking, work requests, maps and amenities. There is a room reservation system for demand based room control and digital signage.SustainabilityParticular emphasis is placed on sustainability and energy efficiency of the buildings. The office building meets the highest requirements of the LEED standard, earning it a Platinum certification; the production building meets the criteria for LEED Gold certification. An integrated building automation system with energy optimisation based on the Desigo CC integrated building management platform controls the energy consumption and all the disciplines in the buildings.Energy-efficient heat pumps use water from nearby Lake Zug as a heat source and for direct cooling. The campus buildings depend on no fossil fuels to generate energy. Heating, ventilation and air conditioning systems are equipped with heat and cold recovery systems. The buildings have green roofs, with the office building using circa 1,500 m3 of rainwater. A photovoltaic system on the roof of the production building is in operation since the spring of this year.See more by Billy here.More information about Irish Tech News and the Business ShowcaseFYI the ROI for you is => We now get over 1.5 million monthly views, and up to 900k monthly unique visitors, from over 160 countries. We have over 860,000 relevant followers on Twitter on our various accounts & were recently described as Ireland’s leading online tech news site and Ireland’s answer to TechCrunch, so we can offer you a good audience!Since introducing desktop notifications a short time ago, which notify readers directly in their browser of new articles being published, over 16000 people have now signed up to receive them ensuring they are instantly kept up to date on all our latest content. Desktop notifications offer a unique method of serving content directly to verified readers and bypass the issue of content getting lost in people’s crowded news feeds.Drop us a line if you want to be featured, guest post, suggest a possible interview, or just let us know what you would like to see more of in our future articles. We’re always open to new and interesting suggestions for informative and different articles. Contact us, by email, twitter or whatever social media works for you.Home If you would like to have your company featured in the Irish Tech News Business Showcase, get in contact with us at Simon@IrishTechNews.ie or on Twitter: @SimonCockinglast_img read more