Community News faithfernandez More » ShareTweetShare on Google+Pin on PinterestSend with WhatsApp,Virtual Schools PasadenaHomes Solve Community/Gov/Pub SafetyPASADENA EVENTS & ACTIVITIES CALENDARClick here for Movie Showtimes First Heatwave Expected Next Week Cover Story Bring Back the Delicious Memories of ’50’s Diners at The Cooking Camp By FIELDING MELISH Published on Tuesday, July 16, 2013 | 4:17 pm When the Baby Boomer generation thinks back to the â€œGood Old Daysâ€ one thought that can always bring back delicious memories was that of visiting a 50â€™s Diner. Letâ€™s travel back in time to a simpler and easier period in Americaâ€¦ A time when ground beef cost 89 cents for 3 pounds! Onions were 15 cents for 5 pounds and coffee was 15 cents per pound.The menus at a 50â€™s Diner were always there to give hungry customers comfort food that always made one think of Moms Cooking. Items like Country Fried Steak with Herb Gravy, Homemade Buttermilk Biscuits, Apple Pie, Patty Melts, Loaded Potato Skins and Banana Cream Pie (hungry yet?) have long been dazzling taste buds of Diners across the Nation and this summer, a new generation of kids 7-17, can experience the great tastes of the 1950â€™s in the Cooking Campâ€™s (www.summerartacademy.com)Â fun and creative hands on Cooking class series called the 50â€™s Diner.Teens and Kids will be able to bring home creations like Cheese Dogs with from scratch Chili, Country Cole Slaw and Mini Sweet Potato Pies all taught to them by Le Cordon Bleu College of Culinary Arts Pasadena trained Chefs.The brainchild of Executive Chef Chris Allen, also a graduate of Le Cordon Bleu College of Culinary Arts Pasadena in 2001 began the Cooking Camp to serve Pasadena kids in 2005. â€œIâ€™m so happy we are heading into our 8th year teaching the Teenagers and Kids of Pasadena the art of Cooking. I feel it is these creative courses that I try to create an learning environment that can give the whole family something that spans generations and spawns conversation that everyone can be a part of. Like talking about the blend of creaminess and crunchiness in perfectly cooked Chicken Fried Steak with Country Gravy!!â€â€œThe 50â€™s style Diner is fading away slowly and this is my way to try to make sure that the next generations can appreciate the delicious taste of the 50â€™s Diner. I think there is no better way to make it a long lasting memory then to let Kids make it themselves and be actively involved in creating something delicious and give them a link to a time long ago and have something they can share memories with their Parents and Grandparents.â€So help keep the memories of the 50â€™s Diner alive with your Teens and Kids where they can learn about a generation gone by and experience it via the delicious food selections of the 50â€™s Diner.For more information visit Summer Art Academyâ€™s Cooking Camp at www.summerartacademy.com. Make a comment EVENTS & ENTERTAINMENT | FOOD & DRINK | THE ARTS | REAL ESTATE | HOME & GARDEN | WELLNESS | SOCIAL SCENE | GETAWAYS | PARENTS & KIDS Business News Top of the News Pasadena’s ‘626 Day’ Aims to Celebrate City, Boost Local Economy Home of the Week: Unique Pasadena Home Located on Madeline Drive, Pasadena HerbeautyThat Sale Made Kim A BillionaireHerbeautyHerbeautyHerbeautyWhat Is It That Actually Makes French Women So Admirable?HerbeautyHerbeautyHerbeauty15 things only girls who live life to the maximum understandHerbeautyHerbeautyHerbeautyAmazing Sparks Of On-Screen Chemistry From The 90-sHerbeautyHerbeautyHerbeautyYou Can’t Go Past Our Healthy Quick RecipesHerbeautyHerbeautyHerbeauty9 Hollywood Divas Who Fell In Love With WomenHerbeautyHerbeauty Name (required) Mail (required) (not be published) Website Community News Get our daily Pasadena newspaper in your email box. Free.Get all the latest Pasadena news, more than 10 fresh stories daily, 7 days a week at 7 a.m. Your email address will not be published. Required fields are marked * 6 recommended0 commentsShareShareTweetSharePin it Subscribe Pasadena Will Allow Vaccinated People to Go Without Masks in Most Settings Starting on Tuesday More Cool Stuff
WHATS ON YOUR MIND TODAY?Todays “READERS POLL” question is: Do you support the decision of the local FOP filing a “Legal Injunction” against the city concerning their Healthcare benefits?Please take time and read our newest feature articles entitled “BIRTHDAYS, HOT JOBS” and “LOCAL SPORTS” posted in our sections.If you would like to advertise in the CCO please contact us City-County [email protected] County Observer has been serving our community for 15 years.Copyright 2015 City County Observer. All rights reserved. This material may not be published, broadcast, rewritten or redistribute.FacebookTwitterCopy LinkEmail
Coordinating Economic Minister Airlangga Hartarto has said that foreign investment rules – namely the priority investment list – may be issued by the government before the sweeping omnibus bills on job creation and taxation pass into law.Airlangga said the priority list would allow certain business sectors to get fiscal incentives such as tax holidays and super tax deductions. The government would also prohibit 100 percent foreign ownership in small and medium businesses.“We are still harmonizing [the investment list], and we will provide the priorities to investors so that during the list campaign we do not have to say, ‘These are the sectors that you are not allowed to invest in,’” the minister said at a media briefing in Jakarta on Monday evening. Read also: Government to liberalize investment in omnibus bill on job creationThe government has long floated the idea of changing the current negative investment list (DNI) to a so-called positive investment list. Currently, the DNI regulates which business sectors are open, prohibited or open with certain conditions to foreign investment.In the omnibus bill on job creation, the government will open all business sectors to direct investment except those it explicitly declares prohibited from such activity or those that can only be handled by the government.The prohibited areas are narcotics, gambling, chemical weapons, ozone-depleting substances, coral extraction and fishing for endangered species based on the Convention on International Trade in Endangered Species of Wild Fauna and Flora (CITES). Topics : Further details on the investment policy will be regulated in a presidential regulation, the bill states.The government expects the bill, if passed into law, to cut regulatory red tape and attract more investment into the country to help boost stagnant economic growth. Indonesia’s economy grew by 5.02 percent last year, down from 5.17 percent in 2018, as investment and exports cooled.Read also: Key points of labor reform in omnibus bill on job creation: What we know so farPresident Joko “Jokowi” Widodo’s administration has also submitted to the House of Representatives the omnibus bill on taxation, which will lower corporate income tax from the current 25 percent to 20 percent by 2023. The bill will also lower tax penalties, ease income tax regulations for expatriates and work toward taxing multinational digital firms that have no physical presence in Indonesia but that benefit from activities in the local market.Airlangga said that labor-intensive industries would receive a tax holiday. “For instance, if a company wanted to build a garment factory with 2,000 workers, they would receive a tax holiday.”The minister added that large investments would also receive similar tax incentives, adding that an investment of US$750 million may allow a company to have a tax holiday for 15 years.
In February, GCH’s board, with the support of its majority shareholder, recommended a delisting from WSE, together with a public tender by the company at a price of approximate PLN40 (€9.70) a share, based on the average of the previous six months’ trading.GCH arguments for the delisting include a change of strategy, the costs of maintaining the listing, the low and declining trading volumes of its shares in the past seven years, and the likelihood the Polish pension reform of 2014 will reduce the pension funds’ appetite for investing the WSE, and consequently the liquidity of GCH shares.The shareholding pension funds have objected to the proposals.Ahead of an extraordinary general meeting held in Rotterdam on 20 March, the management companies of five pension funds (ING, representing both its second and third-pillar funds, Aviva, Nordea and PZU) signed a temporary agreement on protecting minority shareholder rights.In a joint statement, they argued that delisting would be detrimental to minority shareholders, while the PLN40 tender offer price fails to provide them with a fair exit opportunity as it diverges from the company’s fair value.The statement also pressed for the delisting decision to be approved by a qualified majority of four-fifths of votes cast, “in line with Polish standards”.Otherwise, reads the statement, “the delisting would be a unilateral decision by the minority shareholder of the company”.Grzegorz Chłopek, chief executive at ING PTE, told IPE: “We are not generally against delistings, but we would prefer they be done according to regulations in place in Poland. GCH wanted to use a legal loophole.”Under Article 91 of the Act on Public Offering, delistings require the approval of four-fifths of the shareholders, but the Act only applies to domestic companies and foreign companies with dual listings.Of the 51 foreign companies listed on the WSE’s main and parallel market, 22 have single listings.Where the Act does not apply, the ‘Warsaw Stock Exchange Rules’ come into force, but these do not specify a qualified majority.On 13 March, the WSE’s management board issued a communiqué stating that the delisting process of single-listed foreign companies should proceed on the same terms as that defined in Article 91 of the public offering act.According to Chłopek, the WSE’s communiqué was a positive step, as all quoted companies would now require 80% participating shareholder approval.“Otherwise, minority shareholders could be forced to sell their shares at a much lower price than the company’s book value,” he said.“However, the most important issue is not the share price, but that all companies should respect the same law.”Which law applies could be a moot point.On 23 March, GCH filed a delisting application with the WSE, citing Dutch legal grounds. Poland’s pension funds have once again flexed their muscles to protect minority shareholder rights in a case complicated by legal uncertainties in Polish share listing regulations.The investment at stake is Global City Holdings (GCH), an entertainment and real estate company, which floated on the Warsaw Stock Exchange (WSE) in 2006.The WSE is the Dutch-registered company’s sole listing.The largest single investor is Israeli-based IT International Theatres, with a 53.9% shareholding, while five Polish pension funds hold between them 26.6%.