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Keynote speaker Angelos Angelou of AngelouEconomics, left, and former U.S. Senator Richard Bryan discuss Nevada's economic preparedness at the recent NCED-sponsored statewide Economic Development Conference held in Las Vegas.
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Commission Meetings -- The December meeting of the Nevada Commission on Economic Development will be held on December 10, 2003 by teleconference between Legislative Counsel Bureau offices in Las Vegas and Carson City. Tax incentives were approved by the Commissioners in November for Orni3, LLC -- Ormat Nevada -- of Churchill County.
Trade Mission to China -- Lt. Gov. Lorraine Hunt recently led Nevada's first official tourism and trade mission to China. The delegation traveled to Beijing and Shanghai on the China mainland, as well as Hong Kong and Macau. Click here to read the entire story.
Nevada Opens Trade Office in Singapore -- The Associated Press reports that Singapore has been added to a list of Nevada trade offices in the Pacific Rim that includes Japan, China and Taiwan. Singapore is Nevada's 14th largest trading partner and serves as a gateway to Vietnam, Thailand, Indonesia and Malaysia. Click here to read the entire story.
Workers' Comp Costs May Fall -- In a recent story, Las Vegas Sun Bureau Chief Cy Ryan reports that employers in Nevada may see a decrease in their workers' compensation insurance premiums starting in January. According to the story, the National Council on Compensation Insurance has reported to state Insurance Commissioner Alice Molasky-Arman that rates could be dropped an average of 16.4 percent for industrial insurance coverage. Click here to read the entire story.
News Nuggets -- A few more Nevada business stories in brief:
* Reno Gazette-Journal staffer Bill O Driscoll reports that the Reno area hooked another tech business, Ohio-based Redemtech, when the company sought a less-taxing location in the West. Click here to read the entire story.
* Review-Journal staffer John Edwards reports that an SBA grant has been received by the state to establish a business center for women. Click here to read the entire story.
* Nevada Appeal Capitol Bureau Chief Geoff Dornan examines the difference between workers compensation issues in Nevada and California in a story that includes this quote from Doug Dirks, head of Employers Insurance Co. of Nevada (EICON) "A lot of the problems confronting California are similar to the problems Nevada was confronted with 10 years ago. And they were addressed in the 1993 legislative session." Click here to read the entire story.
* In Business Las Vegas staffer Kevin Rademacher reports that Las Vegas tech firm Systems Research & Development has landed $11 million in venture capital financing from Reed Elsevier Ventures and SAIC Venture Capital Corp. The company is pursuing expansion into other markets than its hospitality base, including federal government, financial services and insurance. Click here to read the entire story.
* The Reno Gazette-Journal has reported that a study from the National Association of Manufacturers indicates Nevada stands alone in generating jobs in manufacturing. Employment shrank in all other states from July to December 2002, while Nevada's workforce grew by 1,400 jobs.
Energy Efficiency Information -- The Office of the Governor's Nevada State Office of Energy offers information on how to reduce energy consumption, lower energy bills and improve the efficiency of homes, businesses, industry, schools, or government buildings. Click here to learn more.
Made in Nevada -- This statewide program provides opportunities for both Made in Nevada member companies and buyers. To shop for products made in the Silver State, read about featured member companies The Sausage Factory and Who's in Charge, or to learn more about being part of Made in Nevada, visit the program's web site.
Investment Guide -- The Nevada Investment Guide for Japanese Companies, a collaborative effort of the NCED, Kaji & Associates and UNLV, helps target Japanese companies in California and Japan. Nearly 30 percent of all foreign companies with operations in Nevada are Japanese owned. To learn more about Nevada's Global Trade and Investment program, contact Al DiStefano at 1-800-336-1600.
Film Office Success -- Learn more about the NCED's Nevada Film Office and its record of success in attracting and assisting productions in the Silver State.
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