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NICOSIA vans old skool blanche cuir , Jan. 13 (Xinhua) -- Thirteen casino operators have responded to an invitation by Cyprus to express an interest in establishing and running a casino resort of international standards, a government minister said on Tuesday.
Commerce and Tourism Minister Yiorgos Lakkotrypis told a parliamentary committee examining the casino legislation that among those interested in the project are some from the far east, but he did not name them.
He said more interested parties are expected to come forward once the legislation regulating the establishment and operation of the casino is passed by parliament.
Officials setting out details of the project said they hope the legislation will be passed by the end of this month, opening the way for inviting international tenders.
The officials said the legislation has been drafted in association with the European Commission so as to be in line with European law.
They said they expected to start a competition process three weeks after the legislation is passed and to award the project to the successful bidder two months later.
They put the initial cost of the project at 500,000 euros (589 vans old skool cuir pas cher ,350 U.S. dollars) and said that it would help attract half a million tourists a year, substantially helping bailed-out Cyprus to stabilize its economy following four years of recession.
The casino is intended not only for the rich of the world but also for local gamblers who spend an estimated 30 million euros each year by crossing into the Turkish occupied part of Cyprus to put their stakes in several hotel casinos operating on the other side of the divide.
But Under-Secretary to the President Constantinos Petrides said the main goal is to attract more tourists.
"Our goal is not to legalize gambling but rather to greatly diversify our tourist product," said.
The casino concession will be valid for 30 years and will enjoy 15 years of exclusive operation, meaning that the government will not grant another integrated casino resort license for that period.
The state will take 15 percent of gross income from gambling and an annual fee starting at 2.5 million euros for each year for the first four years, rising to 5 million euros per year for the next four years.
The law provides for a casino of international standard vans old skool cuir , accommodation exceeding the requirements for a five-star establishment with at least 500 luxury rooms, at least 100 gaming tables and at least 1,000 gaming machines.
But the operator can establish four other premises outside the casino with a maximum of 50 gaming machines each but no other casino gambling.
The operation will be controlled by a 7-member Gaming and Casino Supervision Authority which will be tasked overseeing all casino activities and with making sure that it will be kept away from organized crime.
KUALA LUMPUR, Dec. 10 (Xinhua)-- Malaysia's gross domestic product (GDP) forecast for 2015 has been reduced from 5.3 percent to 5 percent by local economists in view of the rapid plunge in crude oil prices and lower trade surplus, according to local reports Wednesday.
Two economists told the local English daily the Star that they had reduced their forecast from 5.3 percent to 5 percent while Maybank IB Research said in a note that it was reviewing the real GDP forecast of 5.2 percent for next year and could revert to its previous projection of 5 percent.
Another economist from the local RHB Investment Bank said"We expected a slower economic growth ahead from a high-base but the slowdown seemed worse than we initially expected."
The country's domestic demand is also on a downtrend due to various factors like lower private investment, which fell to a single-digit growth, and cooling measures in the property sector.
However, an economist from AffinHwang Research company said despite a more subdue outlook vans old skool blanche femme , the fundamentals of the Malaysian economy is still intact, supported by healthy private consumption and private investment.
ACCRA, Oct. 29 (Xinhua) -- A local commercial flight, Starbow, was forced to make an emergency landing at the Kotoka International Airport (KIA) in Ghana's capital vans old skool blanche , Tuesday.
An eyewitness on board the aircraft heading to the oil city of Takoradi, 218 km west of here, said the pilot told the passengers 20 minutes after takeoff that the aircraft had developed a mechanical fault and so had to return to the KIA.
He said on their return to Accra, they were told the passengers had to be evacuated and in that process, two people sustained injuries to the ankles and arms. The injured persons were whisked into an ambulance and taken to a nearby hospital.
"We got back to Accra in about 15 minutes. The landing wasn't that perfect and the plane was wobbly a bit and the sound of the engine wasn't good. We were told to be calm and that there were fire service personnel and other emergency personnel all around (to keep us safe). So they told us to evacuate and during the evacuation process the injuries occurred vans old skool noir femme pas cher ," he said.
The Chief Executive Officer (CEO) of Starbow Airline, Eric Antwi, confirmed the incident to local media, attributing it to a "hydraulic fault" which could not have been detected before the flight took off.
The situation, according to him vans old skool noir femme , forced the pilot to make a "flapless landing" to save passengers on board.
"In this situation, it is like an accident. Something happens. It can be a pipe that is fractured, a leakage to a tank. It happens. We do normal check-ups before we take off but things happen," he said.
This is the second time in about two months the airline has made an emergency landing, but the CEO said it was only coincidental and that they adhered to safety standards as much as possible.