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Monday, August 31, 2015

Millionday News 8-30-15  Part 2 of 2

Millionday News 8-30-15  Part 2 of 2

Millionday: Hashimi is adjusted share prices and annual profits, or quarterly realized in proportion to the trading period in the stock market of the most important factors that enhance the performance of the Iraq Stock Exchange.

Millionday: NOTE -- PRICES IN THE ISX ARE BEING ADJUSTED

Millionday: According to observers, the twice the amount of the profits earned as a result their trading stocks, buying and selling is one of the reasons for the reluctance of the public indirect investment in the Iraq Stock Exchange, 

as well as lack of awareness and lack of experience in this Amajal.ovi this regard consultant explained a specialist in the stock market Mahmoud Munther in an interview for «morning» that stock prices for companies in general determined by its actual and assets as well as their capital,
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Millionday: NOTE -- THERE IS A PROBLEM WITH LOCAL INVESTORS UNDERSTANDING THE PROCESS OF STOCK MARKET INVESTMENT AT THIS POINT

Millionday: Indicating that the economic reality of the country contributed significantly decrease the performance of the stock market through the affected productivity of industrial companies clearly the conditions in Iraq in the nineties of the last century and the continuing effects yet in stock prices Almtdaolh.ujae in Article 13 of the organizational instructions for trading securities in the market Iraq No. (74) for the year 2004 »is raise or lower the price of buy and sell orders b (50) fils, or

multiples thereof.»

Millionday: NOTE -- THE PRICES ARE LISTED BY CALCULATIONS OF MULTIPLE 50 FILS SO ADJUSTMENTS ARE EXPECTED TO BE THE SAME -- BUT WE SHALL SEE

Millionday: He noted that there are companies that still the prices of shares without a single dinar, while there are other companies amounting to price its shares four dinars, 

adding that one the main causes of the public's failure to invest in the stock market is the decline in these prices, indicating that the supply of much more than the required shares, indicating that it was the result of increasing the capital of banks to 250 billion dinars,

Millionday: reflecting the negative impact on prices Alashm.obin the share price on the Stock Exchange It is not encouraging, calling for a review it in line with the level of ambition, as well as the increase will contribute to attracting the largest number of investors, whether they are local or foreign, explaining that the Securities Commission role in determining the share price.

He revealed Munther for the IPO now is the best investment as the content of profit and at the lowest risk.

Millionday: SO AS WE COULD EXPECT -- THE LACK OF UNDERSTANDING WITH SO MUCH ADVANCEMENT IN THE PAST WAR TORN YEARS IRAQ HAS EXPERIENCED IS CAUSING DOUBT AND LACK OF UNDERSTADING BUT -- KNOWLEDGE IS POWER SO THIS TOO SHALL PASS AS WE HAVE HEARD BEFORE -- SMILE

itsaboutjesus (IAJ) Millionday: does the report mean, those price change at ISX is currently taking place? or are they done? What's your take?

Millionday: THIS IS COMING PRICE CHANGES IMO

Millionday: NOTE -- HERE WE GO WITH BANKING CHANGES BEING PROMOTED AND RELEASED TO CUSTOMERS FOR TRAINING

Millionday: Hussein al-Tamimi Tgb in order to communicate with the largest number of customers and attract them to deal with the banks, in order to create a new culture in the banking behavior initiated the Iraqi private banks association to organize cycle to raise the bank staff capabilities in a detailed dealing with the customer, lured included 37 trainees from 37 banks.

Executive Director of the Association of Iraqi private banks Ali Tariq pointed out that the future plan of the Association of moving towards raising the efficiency of human resources in the private banking sector, pointing to the staff response with a lecturer at the first training session to organize in order to activate the relationship between the customer and the beneficiary and which will come eaten during the period Almqublh.tarq said: The Association heading to the advancement of banks own and make it capable of harmony and the requirements of the Iraqi economy through the promotion of all

Millionday: NOTE -- ALL BANKING REFORMS AND CHANGES IN SERVICE ETC IS BEING RELEASED TO CONSUMERS AND ALSO TRAINED TO A REPRESENTATIVE FROM EACH BANK SO THEY HAVE A RESOURCE AT THE BANK FOR ANSWERS TO COMMON QUESTIONS AND FURTHER TRAINING OF THE BANKING REFORM CHANGES

Millionday: lecturer at the session Amjad intense international expert in the banking deal said »Sabah« that Iraq is expanding in private banks the field, and the Movement of the Iraqi economy needs a banking sector that provides advanced services and has the ability to handle all the customers on the differences individuals and companies. 

And he stressed the importance of expansion valuable set up courses dealing with the customer, where this trend represents an important step in attracting the largest number of customers, adding that private banks need to advancement in the detailed receive customers, which is one of the main pillars of competition between global and regional banks in this area.

Millionday: NOTE -- AGAIN KNOWLEDGE IS POWER SO THEY WANT IRAQI BANKS TO BE EMPOWERED TO BE UNDERSTOOD SO PROMOTION OF LOCAL BANK SERVICES CAN BE COMPETITIVE WITH GLOBAL/INTERNATIONAL BANKING /SERVICES

Millionday: Ahmed Hashemi, Director of Training at the Iraqi private banks association said that the training course is the first of its kind in this area, pointing out that it is the first episode of the series Tdrbah courses longer have Association under a plan in this Amajal.alhashima pointed out that the ASEAN Plan of Implementation contains two sessions per month with jurisdiction to include the largest number of Moazvin, 

stressing the participation of more than 37 staff to acquire the knowledge to deal with the customer that rely on local and international banks .ofatt that future sessions will be keen to be practically and theoretically to raise the participants' experiences of training and be intense during several days ,.

Millionday: SO THE TRAINING WILL BE CRASH COURSES SO THEY CAN MOVE FORWARD QUICKLY -- HUGE

Pablo: What's going on with these laws they are supposed to be passing?

Millionday: THEY HAVE THEM IN PARLIAMENT -- THE NEXT MEETING BY WHAT I SEE IS TOMORROW BUT HAVE NOT FINISHED NEWS YET -- MAY HAVE SOMETHING ON IT

itsaboutjesus (IAJ) Millionday: do you have a DATE for these banking "crash courses"?? I would like to sign up and take a class or two for myself too; since knowledge is power, and I need some knowledge too ... if you know what I mean!

Millionday: SMILE -- THIS IS PART OF REFORM ACTIVATION AND WILL BEGIN WITH SEVERAL DAYS OF INFO -- I COULD GUESS VERY SOON BUT NO DATE GIVEN

Millionday: Joseph Zayer accounted for the reforms launched by the government Abadi popular interest and my organizations large packs, where unanimous academics and activists civilians on the need to support research in the ways of their implementation to the fullest.

In this regard established organization grouping Iraq in 2020, a round table to discuss the role of civil society organizations in implementation of the government to pack the reforms recently announced, and achieved in accordance with the best facial.

Millionday: and Dr. Ali Khudair Anbure head assembly, the role of intellectuals and civilian activists in general being wider than the role of civil society organizations where hardly be the role of organizations is very limited in the claims and define its role and general trends or their active participation in the formulation of urgent claims and thus access to imagine driving to assist in the implementation of the executive branch of economic reforms and various packaged recently introduced.

Millionday: NOTE --EXPERTS AND PROFESSORS ETC ARE TAKING THE ROLE OF TRAINING AND HELPING TEACH AND TRAIN IN ALL ASPECTS OF THE REFORMS ACCORDING TO THEIR EXPERTISE

Millionday: NOTE -- THIS IS REFERENCE OF ECONOMIC AND ACCOUNTING REFORMING

Millionday: He pointed out that the popular demonstrations called for improving the level of services along with various initiatives adopted by civil society organizations to enhance their role in the process of general reform and reform Economic in particular has presented programs in their watchdog role, pointing to the importance required in the implementation of these reform packages put forward by the government's investigation.

He continued: Prime Minister Haider al-Abadi has emphasized the role of these regulatory organizations at all sectors that the activation of the reform items to reach the best performance of the Iraqi economy and thus achieve the desired level to overcome the crises plaguing the country's economy.

Millionday: NOTE -- THE EXPLANATION TO THE DEMONSTRATORS IS OBVIOUSLY A VERY IMPORTANT ROLE

Millionday: NOTE -- SO EXCITING TO SEE WHERE THEY ARE IN THE REFORMS -- THE INTRODUCTION IS NOT A BAD PLACE TO BE

Millionday: He added Anbure «It is unfortunate to say, that the oversight role of these organizations did not have the required level during the period missed, and bears this deficit parties, where the government has various executive 

and its leading economic process were not interacting with organizations civil society in facilitating the performance audit of the various economic sectors process and thus achieve the best results in the easiest possible implementation of the government's economic policy and tax policy 

and other measures required for the implementation of development plans Almnasph.waodh that is intended not to government interaction with the organizations, 

for example, by not activating the transparency required to enable the parties to reach to their goals best, where without access to information can not be accessible to regulatory performance acceptable level ».
Millionday: NOTE -- MANY REGULATIONS AND POLICIES DEPEND ON EACH OTHER AND MUST BE ACTIVATED TOGETHER 

Millionday: NOTE -- KNOW THE IMPORTANCE IN WHAT WE ARE READING IS THE ECONOMIC REFORMS THEY ARE ADDRESSING

Millionday: The head of the assembly« It is well known that we do not have the law runs the circulation of information, and in this regard we demand the enactment of a law regulating access to information from the executive organs of the competent authorities in the performance of its supervisory role, 

and this along with the other side is important is the crisis of confidence between the government and civil society organizations, as many of the government agencies dealing with suspicion and lack of confidence with those organizations and thus also demand the Pettmtin relations between the two parties ».

Millionday: The« ideals important to the lack of seriousness to deal with the role of censorship to the success of the various economic plans is a project inactivated to this day, a Charter of Partnership between the two parties is not passed in the House of Representatives has not been adopted by the Council of Ministers »

He continued« we come to an important observation about the reforms announced whether from the government or from the House of Representatives, noted packs it Without a timetable and the consequent benefits in the event of non-implementation, and here we note the size of the disability for the control of implementation without the knowledge of the time selections for each reformist paragraph,

Millionday: and then there is the adoption of limited relations with civil society organizations through the selection of just some of them always to the calls of various conferences and committees to work in sector specific, 

here it is injustice where they will be the adoption of a regulatory device deranged not to call the appropriate organization in terms of specialization »

He called Anbure to the need to establish economic workshops and thus get a better perceptions to support the government's plans draw economic policies that guarantee their application development of our economy in the various productive sectors in parallel and thus overcome all the difficulties that hinder the role of each sector to contribute to the budgetary space to maximize resources and build our society to take real role commensurate with the size of the known and the most important of human wealth.

Millionday: SO AS WE SEE THE ACCOUNTING OF WHAT THE POSITIVE IMPACT WILL BE FOR THE COUNTRY -- GOVERNMENT -- 

AND CITIZEN WILL BE THE STEP THAT THESE WORKSHOPS WILL HAVE TO PROMOTE THE COUNTRY REFORM AND THE OPPORTUNITY THEY CREATE IN THE NEAR FUTURE FOR ALL THE REFORMS AND BANKING/ECONOMIC CHANGES THAT WILL COME FROM THEIR IMPLEMENTATION WE ARE SEEING --

Millionday: VERY EXCTING TO SAY THE LEAST -- THERE IS LOT MORE NEWS BUT IT IS LATE AND THAT IS THE BEST OF IT

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