16 firms are set for local Limerick investment

first_imgWhatsApp Niall O’Callaghan, IDA business development boss, is to join Shannon Heritage later this yearNiall O’Callaghan, IDA business development boss, believes Limerick can return similar investment results this year as seen in 2016DESPITE the growing uncertainty of Brexit and a lack of quality office space in the city, Limerick is expected to continue its job creation record with upwards of 16 firms set to establish or expand their operations in the region this year.With the IDA end of year report showing that 1,516 jobs supported by the industrial development agency were created in the Mid West during 2016, its Business Development Manager Niall O’Callaghan said he expects a similar return during 2017.Mr O’Callaghan told the Limerick Post that 16 significant investments were already earmarked for the region where “new names will enter the market, existing firms will expand or companies will invest in R&D facilities”.Sign up for the weekly Limerick Post newsletter Sign Up “Last year, the Mid West was the fastest growing region in the country with 1,516 new jobs created in companies supported by the IDA. This was up from the 2015 net figure and brings the total of IDA supported jobs to more than 17,000 in the region.“However now is not a time for complacency, as the region needs to work with all stakeholders to continue our collaborative efforts this year. We have a strategy through to 2019 and we have a set of achievable targets that we are aiming to hit”.“Challenges still exist for the region as we are competing in an international market and vying for those investments with big players.The unknown effects of Brexit will present new challenges and Mr O’Callaghan also reiterated concerns over the lack of quality office space in Limerick city.“A number of new builds and redevelopments have been announced and we welcomed that, however that quality office space will not become available until the first quarter of 2018 and that’s a challenge because whatever space is currently available is either too small or too old.“We need to make a strong business case to attract more international connectivity to Shannon Airport. A direct route to the likes of Amsterdam would seriously help our attractiveness for foreign direct investment.”Citing some of the marquee 2016 jobs announcements, Mr O’Callaghan said that the arrival of internationally renowned med-tech firm Becton and Dickinson was a huge boost.“They have set up their R&D centre of excellence here and ACI establishing their international payments data centre in Limerick, are huge boosts for us in their respective industries. These announcements bolster our selling portfolio,” Mr O’Callaghan said.The IDA report showed that total employment at overseas companies now stands at 199,877 and last year they supported the creation of 18,627 jobs nationally.On the publication of the report this Tuesday, IDA Ireland CEO, Martin Shanahan said: “that the fact companies have continued to invest in Ireland is testament to the quality of the offering we have here. That being said – we absolutely cannot be complacent about this success – we have to keep an eye on our competitiveness including costs.“The contribution of the FDI sector has always been important to Ireland, but the 2016 results show that the contribution has never been greater. It is particularly welcome to see such a broad-based performance and all regions growing. International Services, Pharmaceuticals and Medical Devices and Financial Services all showed significant employment increases in 2016.”“The arrival of Fazzi Healthcare Services establishing a new Irish based coding and healthcare services company in Limerick and creating 300 jobs over the next five years was earmarked in the report as one of the standout announcements,” Mr Shanahan said.In 2016, the Mid West outperformed all other regions in the country, including Dublin and the Mid East in terms of its growth rate which was recorded at ten per cent. RELATED ARTICLESMORE FROM AUTHOR Twitter Facebook Linkedin Limerick Artist ‘Willzee’ releases new Music Video – “A Dream of Peace” Predictions on the future of learning discussed at Limerick Lifelong Learning Festival Email TAGSfeaturedIDAinvestmentJobslimerickMid West center_img Previous articleKeith Barry’s Hypnomagick tour – Will you dare to go on stage?Next articleLimerick taxi drivers put out over Colbert Station redevelopment Staff Reporterhttp://www.limerickpost.ie Limerick Ladies National Football League opener to be streamed live Billy Lee names strong Limerick side to take on Wicklow in crucial Division 3 clash Advertisement WATCH: “Everyone is fighting so hard to get on” – Pat Ryan on competitive camogie squads BusinessNews16 firms are set for local Limerick investmentBy Staff Reporter – January 5, 2017 1052 Print Limerick’s National Camogie League double header to be streamed live last_img read more

Sandfish: Expensive, endangered and ecologically essential

first_imgBY ROSSEA LEDESMA Through science, the institution aims to replenish their numbers in the wild and promote a healthier environment where the sandfish are grown. Production of sandfish, from the hatchery to the farm, is being optimized at one of the leading institutions in sandfish research – the Southeast Asian Fisheries Development Center Aquaculture Department (SEAFDEC/AQD) based in Tigbauan, Iloilo. Aside from their economic value, sandfish also play an important role in keeping the marine environment healthy.  Sandfish regularly bury into the sediments every day from late afternoon until the early morning, as documented in a study by SEAFDEC/AQD sandfish expert Dr. Jon Altamirano and his team published in Fisheries Research in 2017. This “plowing” behavior helps mix available nutrients and oxygenate the sediments. Thankfully, sandfish is among the easiest to propagate of the tropical sea cucumbers because of established hatchery production techniques; thus, providing hope to alleviate the threat to their numbers in the wild. Because of these environment-friendly behaviors, sandfish and other sea cucumbers are often referred to as the earthworms of the sea. Because of the high demand for these expensive invertebrates, their natural population have drastically decreased in the recent decades. These creatures live in shallow sand flats and seagrass beds where gleaners can easily pick them up from among their close relatives, the starfishes and sea urchins. SANDFISH, or Holothuria scabra, is one of the most threatened tropical sea cucumbers because of its high price, reaching up to $1,600 per kilogram (approximately P80,800) when processed and dried into trepang or beche-de-mer which are used in exotic Asian cuisine and medicinal products. Sandfish also feed by grazing on the surface of the sediments, ingesting everything that can fit through its mouth – from small animals and plants, decaying matter, and even bacteria and sand particles. In effect, they re-work and transform all these materials in their gut and discharged as “useful” feces. The release of sandfish, which began in 2015, was part of SEAFDEC/AQD’s successful community-based sea ranching project which also released abalone beginning 2011 after years of social preparation. Just off the shores of Molocaboc Island in Sagay, Negros Occidental, overharvesting reduced stocks to a mere three sandfish per hectare prior to 2015. That number has grown by fortyfold since SEAFDEC/AQD released hatchery-grown sandfish in the area in 2015. A buried sandfish emerging to feed at the sea ranch site in Molocaboc Island, Sagay City, Negros Occidental. JP ALTAMIRANO A box of dried sea cucumbers sold at a store in Hong Kong for HK$4,280. JP ALTAMIRANO In another research published in 2012 by SEAFDEC/AQD’s visiting scientist Dr. Satoshi Watanabe and his team, sandfish juveniles in tanks grew much better when fed with detritus (organic matter from decomposing plants and animals) and shrimp feces collected from tiger shrimp culture ponds.  Studies like this show that sandfish may also potentially help minimize wastes accumulation in some aquaculture systems./PNlast_img read more

DepEd extends anew use of Antique schools as COVID quarantine centers

first_imgHowever, mayors in this province should be ready to attend their LSIs when the temporary suspension will be lifted. SAN JOSE, Antique – For the third time, the Department of Education (DepEd) has extended the use of schools in this province as quarantine facilities for coronavirus disease 2019 (COVID-19), giving additional time for local chief executives to prepare their respective municipal isolation centers.Libertad Mayor Mary Jean Te said DepEd Antique Division superintendent Dr. Felisa Beriong confirmed the use of schools as quarantine facilities has been extended anew until July 15.  Piccio added he intends to request DepEd to allow them to continue using the Belison Central School as isolation facility until such time there will already be a vaccine for COVID-19. TE. RARE PHILIPPINES FACEBOOK PAGE The operation of the Philippine Airlines (PAL) from the Ninoy Aquino International Airport to Antique Airport in this province will also be temporarily stopped.center_img Cadiao, meanwhile, said the said the provincial government welcomed the advisory of the Department of the Interior and Local Government officer-in-charge-regional director Juan Jovan Ingeniero on the suspension of trips of all LSIs bound for Region 6 which started on June 28.“It is a good thing because we will have a respite for two weeks,” she said during the meeting. PAL transported a total of 82 passengers from Metro Manila last June 28 while 87 LSIs in this province boarded the return flight the same day. (With a report from PNA/PN) “We are supposed to end our use of schools as isolation facilities on June 30 but superintendent Beriong has informed me of the DepEd’s new decision,” Te, who is also president of the League of Municipalities of the Philippines (LMP) in this province, said during the meeting with Gov. Rhodora Cadiao and the Inter-Agency Task Force for COVID-19 on Monday.The DepEd initially allowed local government units to use schools as isolation facilities from April 1 to June 1. Upon the request of the LMP, however, it was extended until June 30.Belison Mayor Christopher Piccio, for his part, said there are 200 locally stranded individuals (LSIs) undergoing quarantine in a DepEd school in his municipality.last_img read more