https://www.rnz.co.nz/assets/news_crops/116574/eight_col_DTC_7972.jpg?1611700335 People buying into high-density housing are being told by the insurance industry to do due diligence before signing a contract. High-density housing has specific insurance requirements. Photo: Dom Thomas The Insurance Council said such properties have unique insurance requirements that if overlooked could create headaches in the future. “If a unit is attached to other units and doesn’t have a body corporate structure in place, many insurers may not provide insurance because of complexities that can arise at claim time if not all units are insured or if they have different levels of cover from different insurers,” Council chief executive Tim Grafton said. “Owning your own home is increasingly difficult for New Zealanders and we want to ensure buyers aren’t tripped up by steps to make properties appear more affordable when they could actually cause more expense in the future.” A body corporate is a single point of insurance ...

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https://www.elanka.com.au/wp-content/uploads/2021/01/john-Keells4.jpg Brought to you by – John Keells Stock Brokers (JKSB)   John Keells Stock Brokers (JKSB) is a leading equity brokerage house in Sri Lanka and is a subsidiary of John Keells Holdings PLC (JKH), the largest listed entity on the Colombo Stock Exchange (CSE). We are one of 15 founding members of the Colombo Stock Exchange and our history in equity trading dates back to 1896. We are widely regarded in the industry for good governance practices with an emphasis on compliance and regulations. Our core sales and research staff have been engaged with the firm for a period of 10 – 25 years. Over the years this has helped JKSB develop strong and lasting relationships with our core client base of Foreign Funds/Individuals, Local Institutions and HNWI’s. This has contributed to our superior offering of order sourcing and placement capabilities. JKSB has always excelled in its ability ...

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https://www.rnz.co.nz/assets/news_crops/113847/eight_col_astra.jpg?1606427575 The EU’s drugs regulator has approved the use of the Oxford-AstraZeneca Covid vaccine for all adults. Photo: Verwendung weltweit/ AFP The European Medicines Agency (EMA) said the AstraZeneca vaccine was about 60 percent effective in the trials on which it based its decision. The move comes amid a dispute over whether AstraZeneca is breaking its vaccine delivery commitments to the EU. The European Commission has published its contract with the Anglo-Swedish drug-maker, hoping to show a breach. The bloc agreed to buy up to 400 million doses of the Astra-Zeneca vaccine last year. In a press conference later on Friday, the drug giant’s chief executive Pascal Soriot said that while “of course there will be glitches” in manufacturing, the important thing was that the world had developed several vaccines within a year. Soriot said AstraZeneca had millions of doses ready to ship to the EU, and was working 24/7 ...

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https://www.rnz.co.nz/assets/news_crops/59522/eight_col_Q436.jpg?1529356094 Bank lending restrictions are expected to be increased to curb a surge in the number of investors buying residential property. File image. Photo: RNZ / Richard Tindiller Property research company CoreLogic said investors accounted for 27 percent of the housing market in the last three months of 2020, compared with 24 percent in the June quarter. The research company said the increase in investor activity coincided with a large 6.1 percent increase in property values in the quarter. CoreLogic senior property economist Kelvin Davidson said there was a rising possibility that a 40 percent deposit requirement for investors could be officially mandated later in the year by the Reserve Bank. “While we’ve already seen the Reserve Bank move to reinstate LVR (loan-to-value restrictions) speed limits at 30 percent from 1 March, the question is, will this be the end point,” Davidson said. “The last time that mortgaged investors had ...

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  Website:www.Doctorharold.com Transcript: What is Variant Covid19? When the SARS-CoV mutates, or produce copies, the resulting mutations are known as variants. In early January, the Centers for Disease Control and Prevention reported that dozens of people within the U.S. had become infected with a new variant of the SARS-CoV-2 virus, which originally emerged in the United Kingdom. It’s one of a handful of virus variants that have emerged worldwide in recent months. You may wonder how this news may impact your health and safety. Sir Patrick Vallance, the government’s chief scientific adviser in UK, described the data so far as “not yet strong”. He said: “I want to stress that there’s a lot of uncertainty around these numbers and we need more work to get a precise handle on it, but it obviously is a concern that this has an increase in mortality as well as an increase in transmissibility.” ...

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https://www.elanka.com.au/wp-content/uploads/2021/01/15-Lalith.jpg Source:Dailynews Award winning veteran author, Lalith Gunawardanae launched his latest sports book titled ‘The First Sports Competitions of Ceylon’ at a ceremony held at the National Olympic House in Colombo recently. Pictured here is Lalith Gunawardanae (left) handing over the first copy of the book to Maxwell de Silva, Secretary General of the National Olympic Committee of Sri Lanka. Source link ...

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https://www.rnz.co.nz/assets/news_crops/100021/eight_col_Le_Laperouse.png?1586833198 The New Zealand Cruise Association says it’s usual practice for immigration authorities to process visas while cruise ships are en route to a country. Most of the crew of Le Laperouse have been declined critical worker visas on two occasions. Photo: Ponant The cruise ship Le Laperouse is just outside the country’s exclusive economic zone, after most of its crew were twice declined critical worker visas. Immigration New Zealand said the ship should have waited before setting sail from Jakarta just two days after filing applications for 90 foreign crew. The cruise company, Pontant, was told twice during the journey that 61 of the crew did not meet the criteria for critical workers and had been denied visas. However, the Cruise Association’s chief executive, Kevin O’Sullivan, said they had to start early to allow the crew time to quarantine for four weeks. “This is not an unusual event for ...

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https://www.rnz.co.nz/assets/news/210834/eight_col_Treasury_head_1610.jpg?1570492399 The government’s finances are in much better shape than expected as strong domestic spending and company earnings underpin the tax take. Treasury chief executive Dr Caralee McLiesh. Photo: RNZ / Dom Thomas Official figures show a deficit of $4.3 billion for the five months ended November, $546 million less than forecast in the December fiscal update. The lift in consumer spending continued, but at a slower rate, with GST revenue $400m above forecast. Income and corporate tax revenue were also $300m higher than expected. “This indicates that the 2020 income tax year was not as adversely affected by the Covid-19 pandemic as was expected, which the Treasury said showed companies had not been as hard hit by Covid-19 as expected,” Treasury said. The net debt level grew to $98.9b, 30.9 percent of the value of the economy compared to a forecast 31.1 percent. The December update forecast a budget ...

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https://www.elanka.com.au/wp-content/uploads/2021/01/Earby-CC-quick-to-replace-one-Sri-Lankan-talent-with-another01.jpg EARBY have been quick to put the blow that was losing Nuwanidu Fernando to one side by signing another talented Sri Lankan professional. Krishan Wijesuriyaarachchi will be coming over to represent the club in their 2021 Ribblesdale League campaign. The Lankan Premier League came calling for all-rounder Fernando who was originally signed for the 2020 season, only for the pandemic to cause the deal to break down. In his place comes Wijesuriyaarachchi who is quite the prospect making waves in Sri Lankan domestic cricket. “We can’t pronounced his surname yet,” Earby secretary Lee Parkinson chuckled. “We’ve been told it is ‘Wjie’ so that is what he will be christened as when he comes over here.” The schoolboy prodigy enjoyed a barnstorming 2019/20 Premier Tournament, hitting 383 runs at 47.87. When starring for Sinhalese Sports Club, he played alongside internationals Sandun Weerakkody, Jeffrey Vandersay, Dasun Shanaka, Sachithra Senanayake, Dhammika Prasad, ...

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https://www.rnz.co.nz/assets/news_crops/116656/eight_col_000_8ZH2UP.jpg?1611818079 As vaccine delays threaten to disrupt the Covid-19 response in Europe, attention is turning to whether New Zealand could manufacture one. Some vaccines, such as AstraZeneca’s, have the potential for rapid expansion, an expert says. (file pic) Photo: AFP Pfizer-BioNTech and AstraZeneca have both warned of possible delays as the European Union places new rules on exports to countries outside the bloc. Vaccine Alliance Aotearoa New Zealand clinical director Dr Frances Priddy said investigations into manufacturing here were underway. “So we are working with manufacturers to understand which types of Covid vaccines could be manufactured here, and we’re making some progress,” she said. Some vaccines would be too difficult to roll out quickly, but Dr Priddy said others had the potential for rapid expansion, including AstraZeneca’s. She said officials should be following the European delays closely, but stressed there was no need to panic yet. “We did hear some ...

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