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Terry Lamantia Joins Mitchell Titus as a Tax Partner and Will Be Part of Their Strategy and Business Development Team

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NEW YORK, Nov. 27, 2020 /PRNewswire/ — Mitchell Titus is pleased to announce that Terry Lamantia has joined the firm as a new partner. Based out of our New York headquarters, Terry will be part of their Strategic and Business Development Team. Terry will work closely with our dedicated and talented Mitchell Titus partners and their teams to increase strategic alliances and client relationships.

Anthony “Tony” Kendall, Mitchell Titus' Chairman and CEO stated, “we are very pleased that Terry is joining us for this important role at Mitchell Titus. Terry's outstanding record of accomplishments will be a valuable addition to our senior leadership team.”

Terry brings to Mitchell Titus extensive experience in developing strong client relationships and providing significant tax and advisory services to her clients gained from several roles held while at KPMG LLP. During the past 18 years, Terry was the Global and Americas Lead Partner for several significant financial services clients and she was the Global Lead Partner responsible for the planning and execution of the Global U.S. GAAP tax provision audit for a significant SEC audit client. In addition, Terry served as a mentor to numerous partners and managers and developed mentoring and training programs to train all professionals on soft skills and relationship management matters. Terry recently retired as a Senior Partner in the Banking and Capital Markets Tax Practice and as the Banking and Capital Markets Tax Lead for KPMG's Market Development Leadership Team.

Terry serves on numerous not-for-profit boards, including Hofstra University Women in Leadership (Advisory Board Member); YWCA Greenwich (Vice Chair of the Board); Greenwich High School (PTA Co-President); Junior League of Greenwich, Inc. (Sustainer Board Member); and Greenwich United Way (Former Vice Chair of Fund Development).

Terry received her JD and BBA in public accounting from Hofstra University. She is a member of the New York State and Connecticut Bars and is a licensed CPA in New York.

ABOUT MITCHELL TITUS

Founded in 1974, Mitchell Titus (www.mitchelltitus.com) is the preeminent minority-controlled professional services firm headquartered in New York City, with offices in the District of Columbia, Illinois, Maryland, New Jersey and Pennsylvania. The firm's core services include assurance, tax and advisory services. Its inclusive environment and diverse thinking result in create solutions for its clients. Its heritage of quality and seasoned professionals brings varied insight to every engagement. Mitchell Titus has been recognized by Minority Business News, Accounting Today, the Journal of Accountancy and SmartCEO as well as by many other publications.

CONTACTS

Office of the Chairman and CEO
(212) 709-4500, [email protected]

Media contact:

Fred Davis
[email protected] 
212-709-4541

 

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SOURCE Mitchell Titus

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Dominica Prioritises Strengthening Healthcare Infrastructure with Citizenship-by-Investment Funds

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LONDON, Jan. 28, 2021 /PRNewswire/ — The Commonwealth of Dominica is building twelve new health centres as part of a broader mission to strengthen its healthcare infrastructure and provide citizens with higher quality services. Construction on the Bagatelle Health Centre is the latest to be nearing completion after the government invested $2 million into the project utilising funds from its Citizenship by Investment (CBI) Programme.

Aside from commissioning several new health centres, Dominica is also in the process of constructing a state-of-the-art hospital, scheduled to be completed in April 2021, also funded by the CBI Programme. The Programme previously sponsored the repair of several hospitals and health facilities following a hurricane in 2017 and supported the overseas medical treatment of 16 children.

Prime Minister Dr the Hon. Roosevelt Skerrit highlighted this commitment to grow the island's healthcare offering: “This can also be translated into better care for our citizens and residents. There will be no complaints about the quality of services or the quality of equipment. I am happy about this investment here, and we will have a series of openings for such facilities in Dominica in just a few weeks.”

With the COVID-19 pandemic reiterating the importance of having a robust health care system in place, Dominica remains one of the least impacted by the virus. A recent report from 4,000 scientists ranked the island as one of the few in the “green zone”, meaning Dominica is tackling the virus well and has recorded no local transmissions for over 14 days.

Established in 1993, Dominica's CBI Programme has been fundamental to the future of the island's healthcare services. The Programme enables foreign investors and their families to become citizens of the nation once investing in either a government fund or buying into selected real estate options. Once all due diligence checks are passed, successful applicants gain visa-free access to over 140 destinations, the right to live and work in the country and the ability to pass down citizenship down for generations to come.

Investments generated under the Programme are injected into important sectors in Dominica, from healthcare and education to tourism and infrastructure development. The Programme also supports the construction of over 5,000 climate-resilient homes for citizens impacted by Hurricane Maria. Dominica is a progressive and safe country for investors who choose to reside there with a burgeoning healthcare system that is anticipated to be one of the strongest in the Caribbean.

[email protected], www.csglobalpartners.com

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Golden Gate Ventures Promotes Jeffrey Chua to Principal

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SINGAPORE, Jan. 28, 2021 /PRNewswire-PRWeb/ — Golden Gate Ventures, the Southeast Asian early-stage fund that invested in companies such as Carousell, Homage, RedMart, and HipVan, is pleased to announce the promotion of Jeffrey Chua from Senior Associate to Principal. Jeffrey, or 'JC' as his colleagues refer to him, spent almost two years in a Senior Associate role, and is one of Golden Gate Ventures' longest-serving team members, having joined as an intern in 2015 shortly before the close of its second fund.

JC is responsible for sourcing some of Golden Gate Ventures' most exciting early-stage deals, such as BukuWarung and Rukita, and structuring Golden Gate Ventures' GoPlay investment. In his 5 years with the firm, he's been involved in a number of critically important initiatives, including supporting the GO-JEK acquisition of Mapan. He is a master at financial modeling and has trained countless interns on the boundless mysteries of Excel.

For those of you that know him, JC is a tireless, diligent investor that gets tremendous joy rooting out the smallest bit of industry gossip from his friends and colleagues, especially if it means sourcing competitive deals before any else. He's well-respected by his colleagues, co-investors, and most importantly, entrepreneurs. He's built a great reputation as someone that is honest, trustworthy, and pro-entrepreneur. He holds a number of honors, including winning Slush's “Reverse Pitch” competition, where VCs pitch to entrepreneurs.

JC has a sartorial reputation amongst his colleagues; often showing up to work outrageously over-dressed, with a McDonald's bag in tow. He's been known to pull a prank, or two, around the office, and his passionate love for karaoke is infamous. JC graduated from New York's Pace University in 2011 and has had the same hair-style since 2004.

ABOUT GOLDEN GATE VENTURES
Golden Gate Ventures is a VC fund in Southeast Asia (SEA) founded by Silicon Valley natives. Since 2011, Golden Gate Ventures has launched four funds and invested in 50+ companies. The firm focuses on investing in the rising consumer internet class in Southeast Asia. Breakout companies include Carousell (mobile classifieds), Appota (Vietnam mobile publishing platform), Alodokter (HealthTech), Carro (Auto Marketplace), and Xendit (Payment Processing).

Media Contact

Winnie Wang, Golden Gate Ventures, +65 92965779, [email protected]

Twitter, Facebook

 

SOURCE Golden Gate Ventures

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Three-dimensional transport system connects Xiamen with the world

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XIAMEN, China, Jan. 27, 2021 /PRNewswire/ — A news report from China Daily:

An aerial view of Xiamen Port in East China’s Fujian province. [Photo provided to China Daily]

The container throughput of Xiamen Port in East China's Fujian province was 11.41 million twenty-foot equivalent units in 2020, up 2.54 percent year-on-year. Since last June, the monthly container throughput of the port has exceeded 1 million TEUs seven months in a row, a historical record, according to statistics from the city's port administration.

As a key port city of the 21st Century Maritime Silk Road and the Silk Road Economic Belt, Xiamen aims to develop a world-class port with an annual container throughput of 14 million TEUs by 2025 and become a special economic zone with a free trade port by 2035.

One of the world’s largest container vessels, MSC Isabella, berths at Xiamen Port on March 17, 2020. [Photo provided to China Daily]

A shipping hub

As the 14th largest port in the world, Xiamen Port offers 146 container shipping routes, including more than 100 foreign trade routes to 138 ports in 44 countries.

Silk Road Maritime, China's first Belt and Road international comprehensive logistics service platform focusing on shipping, was launched at Xiamen Port on Dec 24, 2018, enhancing economic and trade exchanges with countries around the world.

Xiamen currently offers 55 shipping routes named after the Silk Road Maritime, forming an alliance with nearly 170 well-known companies involved in ports, shipping, logistics, and trade worldwide.

From January to November 2020, 1,932 voyages were made on 51 of the routes, carrying 1.86 million TEUs, up 1.06 percent year-on-year.

The port also cooperated with Israel-based ZIM Integrated Shipping to introduce the first “e-commerce express” cargo route in September 2020, with five vessels in service. The ships stop in Xiamen every week and head directly to the Port of Los Angeles in the United States, which takes 15 days, making it a highly-effective and low-cost logistical route.

“The business environment at Xiamen Port is among the best in China. Its high-quality services are capable of ensuring the stable operation of the e-commerce route, which creates a highly-efficient link between vendors and buyers in Fujian and across the world,” said Li Xiaobing, president of the South China branch of ZIM at an e-commerce meeting on Jan 5.

Xiamen Customs officers examine imported fruit. [Photo provided to China Daily]

Sea-land-air transportation system

Building Xiamen into an international shipping center requires an integrated port-railway transportation system, said Yin Li, secretary of the CPC Fujian Provincial Committee, during a recent interview with Xinhua.

In 2015, the first China-Europe train departed from the Fujian Pilot Free Trade Zone in Xiamen via Chengdu. At present, Xiamen offers freight train routes to Central Europe, Central Asia, and Russia, reaching more than 30 cities in 12 countries, including Poznan, Poland; Budapest, Hungary; Hamburg, Germany; Moscow, Russia; and Almaty and Tashkent in Central Asia.

A total of 273 trains left Xiamen in 2020 carrying 24,112 TEUs of cargo weighing 142,400 tons and valued at $962 million. All of these numbers are record highs, with year-on-year growth rates of 17, 36, 59, and 40 percent, respectively.

Meanwhile, the sea-railway combined transportation service is also performing well. Last August, the Philippines followed South Korea, Vietnam, and China's Taiwan region to become the fourth place to have its cargo delivered to Xiamen by sea and transported to Europe by rail.

Officials of Xiamen Customs said that the China-Europe freight service in Xiamen has become a vital logistics channel for ensuring Sino-European trade exchange and cooperation amid the COVID-19 pandemic.

Since the beginning of 2020, the trains have carried masks, protective clothing, medical equipment, shoes, hats, clothing, and other urgently needed supplies to countries and regions involved in the Belt and Road Initiative.

Xiamen has also opened new flights to build a three-dimensional transport network encompassing sea, land, and air.

By September 2020, there were 35 international air lines from Xiamen, including 21 to countries and regions involved in the Belt and Road Initiative. They form a network covering Asia, Europe, North America, and Australia.

Statistics from the Xiamen Transportation Bureau show that Xiamen's throughput of international transit passengers ranked fifth in the Chinese mainland, making it a major international transit hub.

The new international airport is currently under construction in Xiang'an district. The first phase is expected to be completed before 2023. It will become one of the largest terminals in China, capable of handling more than 45 million passengers annually.

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SOURCE China Daily

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