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Wednesday, July 29, 2015

Millionday Wednesday Roundtable 7-29-15

Millionday Roundtable 7/29/15

Welcome to dinarupdates.com for Roundtable with Millionday!!

Millionday: WELCOME TO ROUND TABLE EVERYONE

Millionday: Hussein al-Tamimi Tgb sparked the third Economic Forum of the Center for Investment Development and Reconstruction Moadig very important focused on the reality of domestic production and the industrial sector in general. 

This detailed important and vital in supporting government policies towards research opportunities to diversify its sources income outside the oil revenues of interest to economists and respective personnel.

Millionday: NOTE -- THIS IS A HUGE CONFERENCE FOR PREPARATION IN IRAQ FOR ITS DIVERSITY IN THE GLOBAL MARKET AS REQUESTED BY MANY (INCLUDING PLAN AND MANY MORE) INCLUDING THE WTO
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Millionday: We have diagnosed the seminar through the word head of the center Ibrahim Baghdadi elements of weakness that led to the decline in the industrial sector and research the possibility of promotion through fruitful and constructive cooperation between the public representative state and the private sector of businessmen and owners of laboratories and companies sector .

For his part, counting the Minister of Industry and Minerals Mohammed Darraji this seminar important step and positive, which would make him groping for near and through hearing the owners regard Barzan challenges to work on overcoming them.

Millionday: NOTE -- THEY ARE SEPARATING THE NON-PRODUCTIVE FROM SUCCESSFUL

Millionday: He said the ministry orientation will be toward encouraging the private sector to work on industry and investment activate it through partnerships and mixed sector

First, except for some industries that see that the survival of the state, should be especially military industries such as ammunition industry as well as industries related to food security either staying industries it must rise by the private sector.

Millionday: He stressed the importance to cooperate in finding a mechanism to attract business and industry sophisticated men to the local yard work, pointing that the next phase need for concerted efforts and cohesion of ideas between the government apparatus and the private sector,

indicating that the face of any obstacles to the completion of the goals of cooperation and activation of industrial production.

He Darraji to the existence of significant challenges frustrate any attempt to build a strong economy in Iraq and in the case of this conviction on the part of everyone will know how to work with some, that there is a real factory of the private sector,

Millionday: NOTE -- THE IDEAS AND PLANS FOR INDUSTRIAL ACTIVATION FOR THE NEW IRAQ WOULD BE THE ENTIRE FOCUS IT SEEMS FOR ALL ACTIVE PARTIES THIS COMING PHASE

Millionday: THIS GETS VERY INTERESTING

Millionday: NOTE -- WORK IS BEING TAKEN SERIOUSLY ON THE TARIFF AND CUSTOMS AS WELL FOR THE NEXT MOVE --- WHOOPOW

Millionday: NOTE -- THIS IS ADDRESSING THE MERGING FOR SUCCESS PLAN IN BUSINESS

Millionday: On the subject of partnerships, where you must open the door to run the public sector through the private sector,

he said: We in the Ministry of Industry we can not create new production lines as that Our infrastructure level below average need to qualify, while ensuring product marketing name of the state and some said there was a lot of partnerships are currently in the Ministry of Industry

and I'm here I want to make it clear that anyone who does not have experience in the industry field it operates will not be a partner to the Ministry of Industry , and will be competition between the two parties symmetrical.

Millionday: NOTE -- IN OTHER WORDS -- THEY NEED TO NOT TRY NEW THINGS AND MAKE GREAT USE OF THEIR SKILLS SO PRODUCTION/SUCCESS IS AS GOOD AS IT CAN BE --- HUGE

Millionday: On the subject of the Industrial Bank Darraji he said: I think there is a kind of necessary loans at this stage but critically loans will not be given even more credit opened by Industrial Bank through the Trade Bank of Iraq to import the productivity of plants and clear-cut lines according to feasibility studies fundamentalist in order to ensure that the money will go to the correct places in order to prevent exploitation and that the loans will be used in industrial development.

Darraji said, the investor must or who are interested in a partnership with the Ministry of Industry to help on the subject of local manpower, and absorbed by, but not to the extent that lose investor where you must work according to the equation that both parties be winners.

Millionday: The Chairman of the Investment Development and Reconstruction Center Iraqi Ibrahim al-Baghdadi said: The trend that is visible today from the state and the government is with the private sector support and encouragement, but there are some attempts to thwart this trend,

pointing to a point important to note is the definition of your money or individual money that is part of the public money, which must be maintained both as two sides of the same coin,

and that there are four key pieces of legislation did not do the most important customs tariff law and the Consumer Protection Act and the law of the national product protection as well as anti-dumping law , noting that it Imad industry calendar in Iraq.

Millionday: NOTE -- THE ACTIVATION OF INDUSTRY IS COMPLETE EXCEPT FOR THE ACTIVATION OF FOUR LAWS ----CUSTOMS TARIFF LAW -- CONSUMER PROTECTION ACT---THE LAW OF NATIONAL PRODUCT PROTECTION AND ANTI-DUMPING -- THESE LAWS WILL NEED ACTIVATED AS THEY ARE Called for ON THE Calendar

Millionday: READ EVERY WORD

Millionday: He said Associate Director of the Office of the Prime Minister Dr. Nawfal Al-Hassan fact that the confusion in the identity of the Iraqi economy during the last period between talking about the free economy and the practice of totalitarian economy,

and that this imbalance in the structure of the economy Tdarkih current government through the allocation of part of our government program for the diagnosis of this disorder.

and then Dr. Hamid Anbari occur Turning to the need to establish a new plant produces materials that we prepare important and sovereign as a laboratory caustic soda is important to the production of which is the chlorine used in the disinfection of drinking water and the product of a substance salt in Samawa and lab It will begin production of 15 card fifteen thousand tons and that Iraq needs between 25-23 thousand tons.

Millionday: SO AS WE SEE -- THEY ARE IDENTIFYING AND WORKING EACH

clay: anything on the laws the WB gave them 60 days to do

Millionday: I AM SEARCHING -- WAS TRYING TO COMPARE TONAGE WITH NO LUCK -- BUT WILL BE RIGHT BACK

Millionday: MORE ON SMART CARDS

Millionday: We talked in a previous column about the importance of the banking behavior in the reputation and performance of the banking sector, and we mentioned that there Hawwat diagnosed deviation it and promised real examples when we say "to talk connection."

In a review of one of the private banks to receive monthly salary across the smart card (Ki-Card).

Millionday: NOTE -- MORE TEST RUNS IN AN ACTUAL BANK TRANSACTION (S)

Millionday: After Network Initiative Media adopting this mechanism, and when the competent employee insert the card in your device did not appear, referring to interruption of the net for the heat of the moment I was asked why the employee concerned?

Go and audited after an hour could return signal !!, through this behavior, you can imagine how the waste of time, if assigned himself to re-attempt to possible to show (Allsth).

In another strange story told by my colleague for doing to go to one government banks this time to deposit the amount of La Paz and saved it in savings accounts Vajotha one of the employees request them to submit a written pledge not to claim all the benefits of savings, is this how to deal with customers? Eight such conduct should issue instructions unannounced !!

Millionday: NOTE -- OBVIOUSLY NOT A GREAT SYSTEM

Millionday: This behavior did not Aguetsraly civil and government banks only but also extended to the banking companies, where he told me one retired position he had encountered during the review a banking offices to collect his salary pension,

 his office gave him a salary Baksameen dinar and the dollar in the period The dollar exchange rate which was up what he paid to take advantage of the price difference at the expense of retired pay !! Behavior here need a calendar pause, how can explain such phenomena? ..

This deal is incompatible with the most basic banking business successful conditions which requires the submission of a simplified services to attract customers and stimulate the banking performance.

 In the first story is a waste of time concern the employee athletics entertainment on the computer provided by the banks and you imagine the situation.   
Millionday: NOTE -- I FOUND THIS THE MOST IMPORTANT COMMENT OF THE DAY TO SAY THE LEAST>>>>his office gave him a salary Baksameen dinar and the dollar in the period The dollar exchange rate which was up what he paid to take advantage of the price difference at the expense of retired pay !! Behavior here need a calendar pause, how can explain such phenomena? ..

Millionday: SO IT APPEARS THAT THE FIGURES ARE NOT WHAT WAS EXPECTED AND NOT RELEASED EITHER

Millionday: VERY INTERESTING TO ME

Millionday: At a time when banks sought to attract savings to provide the necessary liquidity to stimulate the performance of banks find such behavior repellent savings without a sense of responsibility and do not think there is instructed not to accept savings accounts only if that bank dispense with his activity and push the bank into zombies from without any services. 

The scene is the third it reflects the behavior of some employees in the banking offices and of basely themselves retired salary !!, there is a real need for a review of the banking behavior, 

and the departments of banks, government was or civil is responsible for the correct path through various means that we have mentioned in the previous column, we will be watching to see.

Millionday: WELL THIS IS GREAT--- THEY ARE WATCHING THE BANKING PROFESSIONALS/EMPLOYEES BEHAVIOUR AS THEY MOVE FORWARD WITH BANKING REFORMS AND ALSO SMART CARDS TO ENHANCE CONFIDENCE -- WOW

Millionday: JUST WHAT I WOULD LIKE TO HEAR -- HUGE PROGRESS AND ECONOMIC REFORMS -- OR THEY WOULD NOT BE DISCUSSING THE NEED OF GREAT RELATIONS ETC

Millionday: NICE

Millionday: THANK YOU RUDIE AND ALL THAT HELPED -- SEE YOU AT NEWSTIME AT 730 WITH A COMPLETELY CLEAN COMPUTER -- YAY YAY HOOP HOOOP HURRAY                                         

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