Millionday Saturday Night News 1/16/16 Part 1 of 2
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Millionday: LETS BEGIN WITH A SUMMARY
Millionday: THE INVESTMENT LAW IS PRINTED IN THE GAZETTE
Millionday: THE PARLIAMENT SESSION WAS TO BE THE 16TH OF THIS MONTH AND HAS BEEN CHANGED TO THE 19TH
Millionday: LET ME COVER ALL TO BE VOTED ON AT THAT SESSION -- (THIS DOES NOT MEAN THAT ECONOMIC REFORM WILL WAIT FOR THIS SESSION -- WE DO NOT KNOW THE DATE)
Millionday: THE PARLIAMENT REFORM VOTE --- THE FEDERAL COURT ACT -- THE AMNESTY LAW -- THE LAWS NEEDED FOR LEGISLATING THE NATIONAL RECONCILIATION CONFERENCE
Millionday: ALL OF THESE LAWS ARE SO PLANNED TO BE VOTED THROUGH THAT THE FEDERAL AND KURDISTAN IS MEETING NOW AND HAVE BEEN TO MAKE IT GO AS SMOOTHLY AS POSSIBLE
Millionday: HUGE HUGE PROGRESS FOR IRAQ AND THE GLOBE WITH THESE IN PLACE
Millionday: OK SO LETS LOOK AT WHAT I COULD PULL -- THE MEDIA DUE TO MANY PLANS OF CLEARING TERRORISTIC GROUPS HAS BEEN MONITORED OF COURSE
Millionday: MANY OF THE REPORTS ARE OLD SO I HAD TO DO SOME SERIOUS READING AND RESEARCH
Millionday: THE ATTACK ON CBI DID NOT -- I REPEAT -- DID NOT HAPPEN
Millionday: HOWEVER -- THE REPORT SO MANY COULD NOT TRANSLATE WAS THE AUDIT OF CBI THAT WAS EXPECTED BY MANY -- IT IS COMPLETE
Millionday: CBI HAS GIVEN LICENSING TO TWO MONEY EXCHANGE COMPANIES AND HAS REPORTED THAT FORMALLY AS WELL
Millionday: THE ECONOMIC REFORM THAT IS A HUGE HUGE GLOBAL EVENT IS ON MARCH 6TH -- IT IS HOSTED BY CBI AND OF COURSE MASTERCARD AND LICENSED BANKS AND FINANCIAL ENTITIES ETC
Millionday: THE LIST IS LONG
Millionday: BRB WITH NEWS REPORTS
Millionday: NOTE -- TENDER IS NOT JUST PAPER ANY MORE IN THE WORLD WE LIVE -- OBVIOUSLY IT IS HUGELY ELECTRONIC -- THIS REPORTS REFLECTS THAT
Millionday: Mustafa al-Hashimi confirmed specialist in the field of internet and software electronic that the impact of technology in marketing and achieve productivity has become clear in Iraq, especially after the spread of use in social sites for advertising, promotion of goods and commodities all.
Millionday: NOTE -- IT IS SECOND NATURE HERE BUT THIS IS A HUGE PROGRESSION IN IRAQ --
Millionday: NOTE -- THE LEVEL OF THE PLAYING FIELD IS APPARENT WHEN YOU APPLY ELECTRONIC CAPABILITIES ---- THE EXPENSE OF MARKETING ETC IS HUGE -- APPLY ELECTRONIC CAPABILITIES AND THAT CHANGES OF COURSE
Millionday: NOTE -- MANY COUNTRIES INCLUDING OUR OWN HAVE BEEN SLOW IN PRODUCING LEGISLATION FOR INTERNET AND ALL IT BRINGS TO LIGHT -- IRAQ HAS MOVED FORWARD WITH LEGISLATION AND THIS WILL TELL US ALOT ABOUT JUST THAT
Millionday: He is known that modern technology could have doubled the productivity of workers, but he also said: but they will not achieve it as long as lacking the technical knowledge to be used, indicating that it could lead to the emergence of new business back benefit consumers, according to market needs. complementary reforms and the need to pursue policies to accelerate the pace of reforms in the supplementary production and commercial sectors for the success of this type of trade through the proliferation of Internet service across the country.
Millionday: NOTE -- THE HUGE PROGRESS OF INTERNET SERVICE HAS A HUGE SPACE IN IRAQ`S PROGRESS AND OPPORTUNITY -- THIS IS A HUGE BENEFIT TO THE PRIVATE SECTOR AND THE COUNTRY AS A WHOLE
Millionday: He called on stakeholders and specialists to the legislation of new laws, after extensive studies, to regulate this type of trade, which contributes to keep pace with global developments in the field of the use of the digital economy and the organization of trading, selling and buying.
It is known and reviewed the process of the use of digital technology in the trade, saying: this activity appeared in Iraq since 2007, but its beginnings were weak because of the situation at the time, stressing that this activity increased pace through local websites announces sale of personal goods and small needs that have reached the stage specializing in these sites to develop into selling real estate, cars and other.
Millionday: NOTE -- IN 2007 WHEN IRAQ WAS MADE AWARE OF THE NEED FOR LEGISLATION AND THE HUGE BENEFIT THEY COULD TAKE ADVANTAGE OF -- IT WAS OBVIOUSLY NOT THE RIGHT TIME DUE TO THE SITUATION AT THE TIME -- THIS MEANS THE SITUATION HAS CHANGED
Millionday: NOTE -- OBVIOUSLY THIS REPORT IS TELLING US THAT THEY WILL BE GOING GLOBAL WITH NEW ADVANCED TECHNOLOGY BEING TAKEN ADVANTAGE OF -- HUGE TO BE CALLING FOR THE LEGISLATION IN ORDER TO MOVE FORWARD -- WHOOOPOW
Millionday: purchase and shopping decisions and was known to draw earlier in the «morning» to the growth of social networking online and increase their impact on the purchase and shopping decisions as a result of the increasing interaction between the users of those networks and their role in the expansion of this trade for graduation from the local framework for regional and external.
Millionday: NOTE -- THE EXPANSION INTO THE USE OF THIS TOOL WILL EXPEDITE THEIR GROWTH AND THE BEAUTY IS THAT THEY SEE THE FACT
Millionday: READ EVERY SINGLE WORD >>>THIS IS EXTREMELY IMPORTANT AND VERY TELLING TO SAY THE LEAST
Millionday: He noted that the revitalization of this trade and activated in the largest requires the development of the means of electronic payment to meet the requirements of consumers in the region, so as to ensure them the introduction of money into Iraq of their assets abroad,
noting that the introduction of money into the country more difficult than taking them out and turn them because strict measures to prevent money laundering operations. electronic credits and stressed known the importance of opening the electronic credits in banks for foreign remittances, especially for users of Visa accounts and MasterCard being widespread and traded widely in all countries of the world.
Millionday: NOTE -- OBVIOUSLY THE REGULATIONS AND THE EDUCATION OF SUCH IS HUGE AND WILL BE REQUIRED AND IN SOME INSTANCES REQUIRE A HIGHER OVERHEAD ---
HOWEVER THIS IS TALKING ABOUT THE IRAQIS REACHING OUT AND DOING BUSINESS WITH THE GLOBE AND THE NEED FOR THE LEGISLATION TO BE ACTIVATED FOR INTERNET SALES -- WHOOPOW
Millionday: THE CALL TO HAVE IT ACTIVATED HAS BEEN MADE TO DO THIS RIGHT AWAY
Millionday: READ EVERY WORD OF THIS LAST PART SO YOU COMPLETELY UNDERSTAND
Millionday: The central bank had said earlier in the possibility of expanding business banks and companies money transfer and mobile phone companies and the exercise of any of the electronic payment activities in the event of their willingness to work electronic payment services to cash No. 2 system for the year 2014.
According to the Central Bank Law No. 56 of 2004 and the system of payment electronic funds mentioned services have been licensed to two companies - by the Central - two (Iraq portfolio company, Asia Company Money) to work Kmzoda electronic payment services via mobile phone in the country.
Millionday: SO AS OF NOW -- IN 2016 -- THERE ARE 2 COMPANIES LISTED -- IRAQI PORTFOLIO COMPANY AND ASIA COMPANY MONEY –
IMO THIS IS DUE TO THE EDUCATION ALREADY RECEIVED BY THESE TWO COMPANIES -- LICENSING WILL OF COURSE REQUIRE MEETING ALL REQUIREMENTS INCLUDING EDUCATION IN THE ELECTRONIC PAYMENT WORLD -- VISA -- MASTERCARD ETC
Imperator: so this is them to bring her toe in the global swimming pool or are they about to do a triple axel up
Imperator: my software is terrible
mperator: are dipping their toes in or about to dive in head first?
Millionday: THIS IS THE CALL OF LEGISLATION TO BE APPLIED SO THAT THEY MAY COMPETE WITH THE LOWER COST AND SPEED WITH NEW TECHNOLOGY
AND OF COURSE THE SPEED THIS WILL PROVIDE TO GET THE 'MADE IN IRAQ' OUT INTO THE GLOBE SO HUGE ENCOURAGMENT FOR INVESTORS AND ALSO THIS GOES VERY WELLL WITH SINGLE WINDOW ACTIVATION
Comments may be made at the end ofPart 2 Thank You