Millionday News 10/13/13
millionday] this is about pricing – smile here we go
[millionday] Economists urged the necessity of coordination between public and private institutions to improve their market performance and activity that provides a smooth supply of goods and services.
This comes at a time when the Economist suggested Goldsmith establish cooperative associations contrary to control market prices in support of low-income families.
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Member of the Board of Trustees of the Institute for economic reform expert Goldsmith told Manaf (morning): "the pricing of goods in the market of incorrect operation of every kind, whether consumer or food commodities or productive,"
adding that the Constitution on the principles of free economy depends on the market mechanism and mechanical is supply and demand, and thus prices are incompatible with this principle.
[millionday] note -- the pricing is not right for the move to a market economy
[millionday] Goldsmith establish cooperative societies as in the Gulf States, although Iraq was working with this law is located, indicating that it is through the establishment of associations in each residential area, make citizens contribute to these assemblies by buying stock,
will provide food and essential goods to citizens, as well as the collaborative will be less than the market prices, and circulated to the provinces, as is work by agreement with solid companies manages these assemblies to avoid nepotism, walmnsobet.
He called on stakeholders to formulate plans and integrated statistics on the needs of the Iraqi society, in cooperation and coordination with the private sector in importing materials required, it will control the display level and will not increase prices any higher offer price said, stressing that the private sector and the high efficiency of importing foodstuffs
[millionday] necessary to maintain the sustainability and continuity of life, as well as luxury goods by consumers ' tastes and incomes of individuals, that is, whenever the level of Income is rising, it is essential that the imported goods are sober and famous marks.
Referred to a number of experts recently called for increased coordination between public institutions and private companies on market supply and demand to ensure that increases in prices overshadowed a negative impact on citizens.
[millionday] note -- obviously this is absolute talk of the move to a market economy and how to state the pricing
millionday] Goldsmith urged a code of honor among real traders trade to cooperation in maintaining the stability of the market and presentation materials, indicating that this Charter will give impetus and confidence by the consumer in the acquisition of goods, plus it gives the mutual trust between the parties, as it would indirectly intruders to trade for profit, regardless of the honor of the profession, the community must cooperate to improve economic performance and market activity
[millionday] in other words -- they have to have a scale of pricing for the lower income families and also address the higher costing items to develop the healthy economy that must be present --- lower , middle , and high class -- they need to be distinct in a way to create a healthy economy
[millionday] note -- remember there is no economy that does not have a black market -- there is a place for that and it does exist and is something they always try to control
[millionday] The expert pointed out that the process of setting prices will create a secondary market, or so-called "black market", leading to market confusion and the general situation of society and the lack of stability and consistency of presentation materials,
believing that prices could be stabilized if there is a genuine commercial activity in the country, as well as controlling the display of goods, especially that this process depends on consumer behavior, according to economic theory, there must be coordination between the public and private institutions to improve their market performance and activity that provides Smooth supply of goods and services better and good qualities
[millionday] so as we all know -- the process and even the talk of setting the pricing that they have developed is huge for us and shows how close they are to entering the global market -- know that percentages are used to allow for overhead and all other production costs --- a healthy pricing system etc ---
[millionday] this is a huge step to be on -- good grief who would guess that we would be seeing this in 2013 --- goodness so glad to see this – smile brb with more
[ROBINREDHED] well we thought it would happen sooner didnt we?
[Msbossydiva] robinredhed yep
[millionday] oh yes and thank you very much to see it right now
[millionday] The head of the national investment Commission, Dr. Sami Al-araji body support to activate investment across regions of the country through cooperation with relevant agencies in providing tax breaks and the speed of transactions concerning investment projects.
He drew Al-araji (morning) to bismayah new city project is a clear indication of the recovery of investment activity in the country, stressing the commitment of the Commission and the company performed the work on schedule, adding that all projects supported by the Commission and itself, the body sought to create an attractive working environment for international capital and expertise.
Said bismayah new city project manager Charlie expanded the size of the Government support for the investment in bismayah new city by City National Investment Commission and the Iraqi Interior Ministry and other relevant departments.
[millionday] And the pace of work on the rise of the implementation phases of the project with a view to extradition of nationals apartment within the timetable, pointing out that the Bangladeshi Government issued regulation dollies in response to invitations by hanwha Corporation with the support of the Chairman of the national investment Commission Dr. Sami Raouf Al-araji.
The Iraqi Cabinet, in improvements in the visa process for the purpose of providing the best and most understandable to investors, experts and skilled labour to implement investment projects in Iraq. in this context,
the Commission has announced on several things to improve the investment climate in Iraq and work within the Iraqi regulations attractive for investment, are essential for fostering economy 'erVisor and encourage foreign investment, and to be ready to raise the level of work and housing construction starting in January 2014,
hanwha Corp., as investor and developer for bismayah new city new city project need more experts and skilled technicians from outside Iraq. said company hanwha to bismayah new city housing project that the entry of foreign workforce has not been encouraging, and
[millionday] the reason is not due to the mechanism of action of Iraq but also to the mechanism adopted in some foreign countries.
He was to meet the surge in demand for skilled experts and technicians to work on the project site, had to be fast, positive adjustment on employment in the transmission system of Bangladesh. in order to support this process,
the national llastthmarbetkdame proposals to the company hanwha and encourage them to send a petition to the Government of Bangladesh to amend some regulations on this subject.
Following the meeting, which was held in Bangladesh between hanwha Corporation delegation led by Mr. Charlie Kim and Mr. khandker Musharraf Hussain, Minister for expatriate welfare and overseas workers, and resulted in approval of the content of the book and issue new regulations on employment of Bangladeshi sent mechanism, which took effect in September, after approved by the Government of Bangladesh and has been circulated to relevant services.