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Excel World Entertainment Park, one of regions best entertainment venue will invest more than Rs. 300 million next year to upgrade the property and introduce new features. General Manager, Excel World Entertainment Park, Thyaga Perera, said that for the first time they have now introduced ‘Zip lining’, a great activity for people of all ages to the venue. “in addition we have also brought back the highly anticipated Excel World’s Snow World, where the charm of the North Pole is just a heartbeat away. This will be on until 31 December from 4 to 10 p.m. ensuring everyone can partake in the festivities.”. “With the return of this much-loved annual attraction, spectators can revel in the frosty fun and festive cheer that fills the atmosphere.” Asked as to why Snow World cannot be a year round event since the region do not have such facility he said that up keep of it very expensive and have made it a seasonal feature.” “This event marks a significant milestone in our journey to provide unparalleled entertainment experiences in Sri Lanka.” “At Excel World, we’re not just creating an experience; we’re celebrating joy, family and the enchanting essence of winter right here in Colombo. Our aim is to immerse every visitor in a magical world, bringing the allure of the North Pole to the heart of our city.” The launch of Snow World last week was revealed in collaboration between principal sponsor Pepsi Co., and main media sponsor Voice of Asia Network. Adventura Kids Entertainment Park will introduce new, innovative attractions designed to captivate and inspire young minds. “This development aims to create a magical world where children can explore, learn, “Our Game Zone will undergo a comprehensive upgrade introducing state-of-the-art gaming technology and a wider variety of interactive experiences, ensuring that guests of all ages can enjoy cutting-edge entertainment.” Both these would be launched in May 2025. “We are also excited to announce plans for the Lake Edge Development, which will serve as a vibrant venue for open shows and carnivals.” This picturesque setting will offer a unique backdrop for cultural events, performances, live Musical Shows and festive celebrations, adding a new dimension to our entertainment offerings. These endeavors will also create new employment opportunities for more than 100. (SS)House Ethics Committee accuses Gaetz of paying for sex, including with 17-year-old girl
Taiwan Semiconductor Manufacturing Company (TSMC) recently experienced a notable stock uptick, appreciating by 3.3% to reach a high of $204.28. This surge occurred during a session that saw the company’s stock exchange standing at 4,387,517 shares. Despite the high volume, it marked a significant 71% reduction from the typical daily trading figures of 15,067,510 shares. This leap follows a closing price of $197.21 previously. Anticipated Growth on Wall Street Several finance experts have turned their gaze towards TSMC, producing intriguing forecasts. Needham & Company LLC reiterated a “buy” suggestion, setting a target price at $210.00. Susquehanna also maintained a “buy” sentiment, while Barclays boosted their target price from $215.00 to $240.00, labeling the stock as “overweight”. However, StockNews.com offered a contrary outlook, shifting from a “buy” to a “hold” rating. From the perspective of multiple analysts, TSMC retains a “Moderate Buy” stance with an usual price target of $214.00. Financial Performance and Dividends TSMC maintains a market value of $1.08 trillion, showcasing a price-to-earnings ratio of 33.26 and an encouraging return on equity of 27.44%. Revenue for the recent quarter reached $23.50 billion, surpassing expectations of $22.72 billion. Highlighting fiscal encouragement, the company has raised its quarterly dividend to $0.5484 per share, representing an annual yield of 1.06%. Investors must note the upcoming ex-dividend date on March 18th. Investor Interest Growing There’s been a noticeable shift among major investors towards Taiwan Semiconductor. Investment firms such as Reston Wealth Management LLC and Valley Wealth Managers Inc. have recently acquired significant stakes in the company. This increasing interest echoes a larger trend of institutional and hedge fund investments, which collectively hold a 16.51% stake in TSMC’s stock. The Rise of TSMC: A Comprehensive Analysis of Trends and Predictions for Investors Taiwan Semiconductor Manufacturing Company (TSMC) is making waves in the stock market, aligning with analysts’ bullish forecasts and heightened investor interest. With a recent uptick in stock value by 3.3%, TSMC continues to capture the attention of stakeholders within the semiconductor industry. Strong Analyst Predictions Signal Opportunity On Wall Street, there’s a growing consensus about TSMC’s potential for future growth. Analysts from notable firms like Needham & Company LLC and Susquehanna have reiterated “buy” recommendations. Barclays has adjusted their target price upward from $215.00 to $240.00, categorizing the stock as “overweight”. These insights reflect a broader industry sentiment that regards TSMC as a key component in the global semiconductor supply chain. Dividends Reflect Financial Health and Attract Investors TSMC’s robust financial performance is evidenced by its healthy revenue of $23.50 billion for the recent quarter, surpassing market expectations. In a move to reward shareholders, TSMC has enhanced its quarterly dividend to $0.5484 per share, which equates to an annual yield of 1.06%. The ex-dividend date is set for March 18th, providing a clear incentive for investors looking at dividend-yielding stocks. Investor Dynamics: Institutional Interest Rises A trend of increased investment activity among institutional investors, such as Reston Wealth Management LLC and Valley Wealth Managers Inc., signifies a robust interest in TSMC. Currently, institutional and hedge fund investments account for a 16.51% ownership stake in the company, underscoring a confidence in TSMC’s long-term prospects. Innovations and Market Analysis In light of current semiconductor trends, TSMC’s strategic positioning is pivotal. As the world’s leading dedicated semiconductor foundry, TSMC’s innovations in 5nm and 3nm process technologies place it at the forefront of industry advancements. This positions TSMC as a vital player in meeting the escalating demand for semiconductors in consumer electronics, automotive industries, and emerging technologies like AI and IoT. Security and Sustainability at the Forefront In addition to its financial and market strategies, TSMC remains committed to enhancing security measures and integrating sustainable practices within its operations. These efforts not only mitigate risks but also fortify TSMC’s reputation as a responsible industry leader. Future Predictions and Market Impact Considering the current trajectory, analysts predict continued growth for TSMC, driven by strategic investments and cutting-edge technology adoption. The company’s expansive R&D investments and its role as a critical supplier to major tech firms are expected to further amplify its market influence. For more information and insights, visit TSMC’s official page .
NoneWASHINGTON (AP) — The House Ethics Committee on Monday accused Matt Gaetz of “regularly” paying for sex, including once with a 17-year-old girl, and purchasing and using illicit drugs as a member of Congress, as lawmakers released the conclusions of a nearly four-year investigation that helped sink his nomination for attorney general. The 37-page report by the bipartisan panel includes explicit details of sex-filled parties and vacations that Gaetz, now 42, took part in from 2017 to 2020 while the Republican represented Florida's western Panhandle. Congressional investigators concluded that Gaetz violated multiple state laws related to sexual misconduct while in office, though not federal sex trafficking laws. They also found that Gaetz “knowingly and willfully sought to impede and obstruct” the committee's work. “The Committee determined there is substantial evidence that Representative Gaetz violated House Rules and other standards of conduct prohibiting prostitution, statutory rape, illicit drug use, impermissible gifts, special favors or privileges, and obstruction of Congress,” the report said. Before the report came out, Gaetz denied any wrongdoing and criticized the committee's process. “Giving funds to someone you are dating — that they didn’t ask for — and that isn’t ‘charged’ for sex is now prostitution?!?” he posted on X, the website formerly known as Twitter. “There is a reason they did this to me in a Christmas Eve-Eve report and not in a courtroom of any kind where I could present evidence and challenge witnesses.” Gaetz , who was first elected in 2017, spent the majority of his time in Washington enmeshed in scandals that ultimately derailed his selection by President-elect Donald Trump to lead the Justice Department . Gaetz abruptly resigned from Congress last month. His political future is uncertain, although Gaetz has indicated interest in running for the open Senate seat in Florida. The committee painted a damning portrait of Gaetz's conduct, using dozens of pages of exhibits, including text messages, financial records, travel receipts, checks and online payments, to document a party and drug-fueled lifestyle. The committee said it compiled the evidence after issuing 29 subpoenas for documents and testimony and contacting more than two dozen witnesses. In addition to soliciting prostitution, the report said Gaetz “accepted gifts, including transportation and lodging in connection with a 2018 trip to the Bahamas, in excess of permissible amounts.” That same year, investigators said, Gaetz arranged for a staffer to obtain a passport for a woman with whom he was sexually involved, falsely telling the State Department that she was his constituent. In some of the text exchanges made public, he appeared to be inviting various women to events, getaways or parties, and arranging airplane travel and lodging. At one point he asked one woman if she had a “cute black dress” to wear. There were also discussions of shipping goods. One of the exhibits was a text exchange that appeared to be between two of the women concerned about their cash flow and payments. In another, a person asked Gaetz for help to pay an educational expense. Regarding the 17-year-old girl, the report said there was no evidence Gaetz knew she was a minor when he had sex with her. The woman told the committee she did not tell Gaetz she was under 18 at the time and that he learned she was a minor more than a month after the party. But Gaetz stayed in touch with her after that and met up with her for “commercial sex” again less than six months after she turned 18, according to the committee. Florida law says it is a felony for a person 24 or older to have sex with a minor. The law does not allow a claim of ignorance or misrepresentation of a minor's age as a defense. Joel Leppard, who represents two women who told the committee that Gaetz paid them for sex, said the findings “vindicate” the accounts of his clients and “demonstrate their credibility.” “We appreciate the Committee’s commitment to transparency in releasing this comprehensive report so the truth can be known,” Leppard said in a statement. At least one Republican joined all five Democrats on the committee earlier this month in voting to release the report despite initial opposition from GOP lawmakers, including House Speaker Mike Johnson, to publishing findings about a former member of Congress. While ethics reports have previously been released after a member’s resignation, it is extremely rare. On behalf of the Republicans who voted against making the report public, the committee chairman, Rep. Michael Guest of Mississippi, wrote that while the members did not challenge the findings, “we take great exception that the majority deviated from the Committee’s well-established standards,” to drop any investigation when a person is not longer a member of the chamber. Guest added that releasing this report sets a precedent that “is a dangerous departure with potentially catastrophic consequences.” But Maryland Rep. Glenn Ivey, a Democratic member of the committee, said that for transparency, it was crucial for the public and Congress as an institution to read the findings. "I think that’s important for my colleagues here in the House to know how the committee reviews certain acts," he told The Associated Press. "Some of these were obviously conduct that crossed the line, but some of them weren’t.” Mounting a last-ditch effort to halt the publication of the report, Gaetz filed a lawsuit Monday asking a federal court to intervene. He cited what he called “untruthful and defamatory information” that would “significantly damage” his “standing and reputation in the community.” Gaetz’s complaint argued that he was no longer under the committee’s jurisdiction because he had resigned from Congress. The often secretive, bipartisan committee has investigated claims against Gaetz since 2021. But its work became more urgent last month when Trump picked him shortly after the Nov. 5 election Day to be the nation's top law enforcement officer. Gaetz resigned from Congress that same day, putting him outside the purview of the committee's jurisdiction. But Democrats had pressed to make the report public even after Gaetz was no longer in the House and had withdrawn from consideration for Trump's Cabinet. A vote on the House floor this month to force the report’s release failed; all but one Republican voted against it. The committee detailed its start-and-stop investigation over the past several years, which was halted for a time as the Justice Department conducted its own inquiry of Gaetz. Federal prosecutors never brought a case against him. Lawmakers said they asked the Justice Department for information about its investigation, but the agency refused to hand over information, saying it does not disclose information about investigations that do not result in charges. The committee then subpoenaed the department for records. After a back-and-forth between department officials and the committee, the department only handed over “publicly reported information about the testimony of a deceased individual,” according to the committee's report. The report said Gaetz was “uncooperative" throughout the committee's investigation. He provided “minimal documentation” in response to the committee’s requests, it said. “He also did not agree to a voluntary interview.” ___ Associated Press writer Alanna Durkin Richer contributed to this report.
Labour plans to make spiking a specific offence and has laid out plans for venue staff to be trained in relation to spiking, with a pilot to begin within weeks before a wider rollout next year. Ms Davies-Jones, asked about why it was worthwhile to make spiking a new offence when it is already illegal, said: “Spiking is a crime already. “A lot of people don’t realise that it is a crime already, which is part of the problem.” She said there were around 6,000 reports of spiking last year but that because it is an underreported crime, it is not clear how big of a problem it is. “Part of the problem we’ve got is around the data collection, so you don’t know if you’ve been spiked with a drink, a needle, a vape, for example,” she told Politics Hub on Sky News. Modernising the offence and giving police the tools to get accurate data allows a clearer picture of where, how and how often spiking is happening, she said. It is about “clarifying it, modernising it, making sure that people know exactly what this is...the law isn’t quite, it isn’t up to date. “It isn’t modern enough.” Sir Keir Starmer earlier said he hopes the change will give people “the confidence to come forward”, in a meeting of police bosses, transport figures and hospitality executives in Downing Street. Ms Davies-Jones and Home Secretary Yvette Cooper were among the attendees at the round-table discussion on Monday morning. Labour pledged in its manifesto to introduce a new offence for spiking, but there was no detail in the King’s Speech this year about a specific crime, though it promised to ensure an improved police response to cases. According to information published by the Metropolitan Police, spiking offences are currently covered by more than one law, but most come under the Offences Against the Person Act 1861. Sir Keir told the meeting: “There are a number of measures that we are setting out this morning – we want to talk it through with you. “The first is to make spiking a specific offence so that it counts, it’s reported.” He said that such a measure would mean that it “enables everybody to have the confidence to come forward” and also “it allows perpetrators to know that it’s a specific offence”. Detailing the training scheme, he went on: “We’re beginning the piloting of training for staff in venues.” He said the scheme would be “partly to spot what’s happening, but also to know what to do in the event that there is an incident in a venue”. “That will start in December with a pilot then it will be rolled out from March of next year,” Sir Keir added. He also said that the “final” point of discussion for the morning was “police indexing – (the) way that we count it across different police forces”. Sir Keir added: “At the moment it’s quite hard to get your arms around the pure numbers.” Plain clothes officers are being deployed in areas around bars and clubs to spot predatory behaviour. The text-to-report number, 61016, that allows women to contact British Transport Police to report harassment on the train, is due to be relaunched. Home Secretary Yvette Cooper said: “Spiking is a disturbing and serious crime which can have a damaging and long-lasting impact on victims. “That’s why today we are taking decisive action to prevent this devastating crime and to crack down on perpetrators, by introducing a new criminal offence for spiking and launching specialist training for thousands of bar staff nationwide. “People shouldn’t have to worry about the safety of their drinks on a night out. “These changes are about giving victims greater confidence to come forward, and ensuring that there is a robust response from the police whenever these appalling crimes take place.”
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