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Thursday, February 25, 2016

Millionday  News Time 2-24-16  Part 1 of 2

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Millionday  News Time 2-24-16  Part 1 of 2

WELCOME TO MILLIONDAY NEWSTIME AT DINARUPDATES.COM
 
Millionday: WELCOME TO NEWSTIME EVERYONE --
 
Millionday: NOTE -- THIS MEANS MARCH -- NEXT MONTH
 
Millionday: Announced by the Commission on the economy and investment representative, for holding a large economic conference the beginning of the month of March next steps to activate the implementation of the project port of Faw.

Said committee member Abdul-Salam al-Maliki told all of Iraq [where] that "a large economic conference to be held early next month in Basra, attended by major international companies and owners of capital to activate the subject of the port of Faw."
 
Millionday: NOTE -- THE ACTIVATION CONFERENCE FOR THE PORT OF FAW IS IN A WEEK OR SO --- THIS IS ONE OF THE MOST MAJOR PORTS ON THE GLOBE AND IS FOR TRADE
 ~~~
Millionday: He noted that "the project is supposed to submit it to specialized companies, and the a public offering of Basra province to participate in the project, the contribution of the ordinary citizen companies by 51%, and the remaining 49% developed to work for companies, but the provincial council is no longer up to now an integrated project in this regard.

" Maliki reiterated" the need to view the project as an investment opportunity, especially with the provide serious measures to build and all eyes are on him as a global economic area and an independent administration, and thus will bring economic benefit of Iraq. "
 
Millionday: NOTE -- THIS IS THE PUMP START OF THE MARKET ECONOMY OBVIOUSLY AS IT WILL BE FOR THE ACTIVATION OF WATER WAYS IMPORTS /EXPORTS ETC
  
Millionday: READ CAREEFULLY>>>he believed that" the project needs special laws regulating the work, and take advantage of the international effort and is owned by international companies of money and expertise heads, and make the great port of Faw authority independent. " Maliki pointed out that" the project will be among the 10 largest ports in the world, and Cedar money for the Iraqi people in general.
 
Millionday: NOTE -- KNOW THE JOBS AND EXCITEMENT THIS IS CAUSING -- THIS IS HUGE AND A BIG TASTE OF NORMALCY THAT HAS NOT BEEN SEEN FOR MANY YEARS
 
Millionday: The transport Minister Baqer al-Zubaidi, presided over Tuesday February 23, an expanded meeting special to complete the preparation of a national conference requirements about the possibility of implementing a project port of Faw and clarifying visions to prepare a working paper doable solutions in more detail.

the ministry said in a statement received [where] a copy of "the meeting was attended by chairman of the Committee on economy and investment parliamentary Jawad al-Bolani and representatives from the ministries of oil, planning and investment Authority and a number of specialists in the project. "
 
Millionday: NOTE -- THE PREPARATIONS ARE COMPLETE AND THE INTERNATIONAL INVESTORS WILL BE PRESENT --

REMEMBER THE REGULATIONS OF THE QUOTA USING MORE IRAQIS TO WORK THAN ANY OTHER NATIONALITY --- THIS ONLY MAKES SENSE WITH THE ECONOMIC CONDITION
 
Millionday: Note that the project will be held on the land of an area of 54 square kilometers and includes sidewalks containers and cargo variety The sidewalks of petroleum products and materials for the ration cards, in addition to a large industrial park and tourist resort stores refrigerated and Yards parking trucks, trains, which will be considered a landmark for Iraq, the Gulf and supporting the national economy and employment for the people of Basra.
 
Millionday: SO AS WE SEE -- THE BEGINNING OF COURSE IS THE OPENING OF THE PORT OF FAW AND ITS ACCESS AS WE KNEW YEARS AGO SO THIS IS A HUGE --- WHOOOPOW
 

Millionday: THIS IS A MAJOR REPORT -- TIME WISE AND OF COURSE SUBJECT WISE
 
Millionday: Hashemi revealed Executive Director of the Iraqi market for securities, Taha Ahmed Abdul Salam all affected by exchange-traded stock prices by several factors, notably the decline in global oil prices since 2014 and continued to decline in 2015 and early 2016 and its impact on the size of public spending, especially investment. He said Abdel-Salam told the «morning» that stock prices are also affected by a decline of performance indicators for companies to contribute to 2015 and its reflection on the profits earned and dividends size between shareholders because of the unexplained increases in capital companies, especially
 
Millionday: NOTE -- THEY HAVE OF COURSE SUFFERED WITHOUT THE MARKET BEING GLOBAL BUT --- THEY GO ON TO SAY >>>>THEY HAVE UNEXPLAINED INCREASES IN CAPITAL COMPANIES -- WHOOPOW
 
Millionday: y in the banking sector which led to be earnings per share low because of the increased number of issued shares. new products and he pointed out that the lack of add services or new product specifications acceptable Iraqi consumers under the import policy is disciplined by the private telecom sector is also influencing stock prices, along with unrest in the Middle East and terrorism.
 
Millionday: NOTE -- UNDERSTAND THE ANNOUNCEMENT YOU ARE LOOKING AT >>>>>THIS IS THE REMOVAL OF THE REGULATIONS DUE TO SANCTIONS
 
Millionday: AND proposals stimulate investment shares, said Abdul Salam must apply to attract investment in the economy, which include follow-up and monitor the performance of joint-stock companies in accordance with international standards by the regulatory authorities of all, and follow-up achieved percentage of its declared plans factors, and attention to the annual disclosure and quarterly annual and a half.
 
Millionday: WHOOOPOW -- INTERNATIONAL COMPLIANCE FOR ISX
 
Millionday: he stressed the importance of amending the penal laws to include punishing departments Shortened violation of the laws and regulations and not to punish companies because the fines imposed on the company's cut of the profits earned and distributed size and thus its share price in the financial market decline. attracting investment and the importance of developing ways to attract investment through the issuance of instructions and
 
Millionday: NOTE -- THEY ARE ISSUING THE NEW INSTRUCTIONS THAT COMPLY
 
Millionday: amending laws related to the year the Offering in the IPO at converting limited companies to contribute or when the expansion and development of the size of contribution-based companies.
 
Millionday: >>>>>>> He pointed to the need to increase media attention actively Iraq Stock Exchange and familiarize citizens with the type and scope of this investment and its importance for the Iraqi economy, which is in the service of society after achieving the goals of growth by employing the unemployed and improve product type and monitor the performance of companies and increasing the proportion of the contribution of the private sector in the gross domestic product (GDP).
 
Millionday: NOTE -- OBVIOUSLY THE CITIZENS NEED TO KNOW HOW THEY CAN BENEFIT AND STRESS OVER A STOCK MARKET LOL
 
Millionday: NOTE -- READ EVERY WORD -- REMEMBER THAT THIS IS ABOUT OPENING IRAQ TO THE MARKET
 
Millionday: And on the size of the Iraqi media attention and the Arab market indicators Abdul Salam said that the Iraqi and Arab media should give more space to the Iraqi Stock Exchange, to the size of the economy, as well as the fact that Iraq is one of the rich countries.
 
Millionday: He stressed that the Iraq Stock Exchange publishes data and prices of shares traded Online through the website of the market as well as through the Arab Agency DirectFN which publishes indices and prices of Arab stocks, also discusses some of the Iraqi stations broadcast bar prices a day Real Time Data.
 
Millionday: NOTE -- THIS MATTERS>>>>>Media activity and the reasons that blocks websites economic Arab attention bulletin daily trading of the market at a time when publishes the activities of countries do not have large private companies and economy as an economy of Iraq said Abdul Salam shares Iraqi companies not registered in any international market through GDRs so not being published prices on the international sites
 
Millionday: NOTE -- OBVIOUSLY THAT MEANS THEY HAVE NOT BEEN "HOOKED" UP
 
Millionday: NOTE -- A LITTLE LONG BUT LET'S LOOK AT IT
 
Millionday: foreign investors and on the assessment of Iraqi and foreign investors, the size of the market said Executive Director of the number of investors did not rise in the Iraq Stock Exchange after 2014 for reasons related to the lower volume of gross domestic product and the decline of economic indicators in addition to the economic downturn due to lower spending, both public and private.

in another question for »Sabah» Do you contribute to attracting investors through dividends companies managed a year, or is it that IPOs have had a bigger role in attracting investors?
 
Millionday: said Abdul Salam IPO operations of existing companies sometimes have a negative impact on the shares traded price because its underwriting are in nominal terms on the one hand and it increases the size of the supply of stocks, especially if they are not subscribed by the economic feasibility study and directed towards increasing and improving the productive capacities and achieving economic value added.
 
Millionday: NOTE -- HE IS SAYING THAT THE PRICING AND LOW AMOUNT OF COMPANIES RIGHT NOW MAY BE MISUNDERSTOOD -- SO IMO THE IPOS ARE VERY IMPORTANT INJ ATTRACTING INVESTORS
 
Millionday: he believed that the earnings per share are real targeted investments to attract some shares specified without the other and makes effective demand positive some attract new investments and to add energies were not exist.
 
He concluded by saying that the Iraq Stock Exchange consists of (98) listed company with a total capitalization of more than 8 trillion shares represented including the banking sector 5 trillion shares and thus the most sector be traded and 65 percent of the total shares traded per day. it regulates the Iraq stock Exchange five trading sessions a week from Sunday to Thursday.
 
Millionday: SO VERY IMPORTANT TO SEE THAT THE MODIFICATION IS BEING DONE ON THE SANCTION PLACED REGULATIONS -- WHOOPOW
 
JD1: wow
 
Millionday: JD -- I AGREE
 
daytrader: This shows how close we really are.
 
Millionday: THIS HAS NOT BEEN DONE AT ANYTIME BEFORE --- VERY INTERESTING
 
diane1: MANY THINGS ARE ALL COMING TOGETHER ALL AT ONCE/ DOMINIO EFFECT. WE ARE SO CLOSE WE WILL WAKE UP AND BAMM BAMM YIPPEEE AND A WHOOPOW
 
Millionday: SMILE
 
Millionday: THE BEGINNING OF THIS REPORT IS ALL ABOUT HOW MUCH THEY NEED TAXATION -- NOW THIS GOES ON TO TALK ABOUT WHERE WE ARE WITH TARIFF
 
Millionday: So many things to be supportive of expanding the tax base, which will reflect the essence of government power and seriousness in the market monitor and control the tracks, especially with regard to markets, trades property, financial transfers, and Logs that are related to labor and capital and commercial speculation and others.
 
But the gravity of the suffering of the Iraqi reality of the problems, talk to activate the tariff mechanisms, and be subject to the tax characterization of a comprehensive national, also
 
Millionday: NOTE -- OBVIOUSLY TAXATION MAY NOT BE VERY POPULAR BUT IT IS NECESSARY TO AFFORD 
Millionday: will be more a cause for review, and to regulate and control to put it in the context of the activation and expansion of the tax base, and figured out that the Cabinet decision introduction points in the approved border crossing points holds the audit and ensure that tariffs are met, and the development of standardization points of quality control will be a springboard to revitalize the legal proceedings, which necessarily requires real from the
 
Millionday: House of Representatives in support, and to consider the subject matter sovereign, but has no right to any party or political bloc to act otherwise, if the need for a definition of the importance of the container tax as an area of national, calls for a review of its mechanisms and modalities for its implementation and monitoring at the level of the existing laws,
 
Millionday: NOTE -- WITH THE OPENING OF PORT OF FAW ETC -- THEY HAVE DECIDED TO IMPOSE A CONTAINER TAX --
 
Millionday: or within the orientations included creating legal frameworks fit and transformations experienced by the Iraqi economic, and the size of the incident changes in its rings import and commercial, which requires the presence of the administrative, technical and computational expertise foster for its proper application, cut the road to suspicions of corruption that have come to represent a systemic threat to the reality of economic.
 
Millionday: SO AS WE SEE WITH THE PATTERN OF THIS PART OF NEWS ----

IMPORTS AND THE MARKET ARE BEING LAUNCHED OR THIS ALL WOULD NOT BE PART OF ANY NEWS OR CHANGE
 
Baxter1243: This says talk to activate the tariff mechanism... does that mean the tariffs are not being collected now?
 
Millionday: THE MECHANISM IS A NEW PORTION THAT WILL BE A STEP/PROCESS TO TAX ALL CONTAINERS THAT WILL ARRIVE AS IMPORTED GOODS TO THE NATION


Comments may be made at the end of Part 2  Thank You


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