We expect growth from most of our core businesses (in 2006/2007). Earnings from the leisure sector would depend on developments in the security situation.

Full year profits will be helped by sustained strong growth in other core sectors like transportation, property development, food & beverage and financial services.

The $20 million project will be funded with internal finances.

Measurement aside, there are two reasons aggregate growth might matter. The first is to create jobs to assimilate the unemployed and anticipate increases in population. The second is to improve living standards. Economic logic does not require overall expansion to achieve either of these objectives. An expanding labour force can be accommodated if hours of work fall. And it's productivity growth, rather than the overall size of the economy, that drives improvements in living standards. Getting bigger doesn't necessarily yield wealth; improving productivity does.

For something where it?s a leisure draw, where there's no organization working collectively, like one of our races, then it's the free market. The hotels will set those rates based on what the market will permit, and that is pure supply and demand.

This is an important historical site which is now a leisure facility and I feel certain that there is some way to save it.