BII – DBS Establish Cooperation Cash Management
Bank September 22nd, 2010
PT Bank Internasional Indonesia (BII) Tbk and PT Bank DBS Indonesia (DBSI) establish a strategic partnership, which enables corporate customers to access the national network DBSI branches BII for cash management services.
The signing of the cash management agreement was executed between the President Director of BII, Henry Ho with Vice President Director of Credit & Risk Management DBS, Sutanto Megawati in Jakarta, Tuesday (31 / 5).
Through this agreement, the DBSI customers can save some cash and checks in BII 260 branches throughout Indonesia.
This is part of a comprehensive cash management services DBSI, which includes e-banking services are innovative and products such as accounts payable management and liquidity management.
Previously, DBS and BII in 2004 has made possible the cooperation of the two banks are able to use ATMs in Indonesia and Singapore, with more specific costs low.
According to Henry Ho, this cooperation will enhance the ability of cash management products that have both sides, increasing fee income base, electronic banking solutions that excel and confirmed the commitment to be the best local banks that have international standards.
“DBSI strategic partnership with BII has the power network of branch offices spread throughout Indonesia, with a standard-class service,” he said.
BII will execute the transaction receipt and payment of funds in the bank’s locations as recipients of funds, for the sake of DBSI and corporate customers as paying bank to make payment of funds to third parties.
Cash management services is a rapidly growing business and provide a stable revenue contribution to the DBS.
Through technology and innovative products, the bank can help companies and medium and large manage the flow of funds, consolidation of funds for better control and channel the excess liquidity in the investments that provide greater profits.
Manage Network in Latin America, NII Holdings appointed NSN
Company Info September 22nd, 2010
JAKARTA – To manage better network service, telecommunications companies from Latin America NII Holdings Netwoks pointed Nokia Siemens (NSN) as a partner.
NII Holdings to use the Nextel brand requested NSN in managing network operations throughout Latin America. This partnership makes the NII can better improve the quality of services as expected by their customers.
This agreement covers the management of NII network in all the markets of Argentina, Brazil, Chile, Mexico, and Peru. Based on the deal, NSN will combine expertise with experience NII employees who are transferred to the company to plan, design, optimize, and operate the NII network more efficiently.
“Our goal is to provide sound products and superior data for key customers in Latin America is focused on providing world-class network quality and customer experience,” CEO Steve Dussek NII Holdings.
In the meantime, NSN will use their expertise to improve operational NII network. In his statement, Friday (5/3/2010), NSN said, the core of this solution is an efficient operational model, flexible and focused on customers that make up the framework to deliver network operations services best in class.
“We are very pleased to partner with NII in network quality and deliver the best service for customers in five countries,” said Head of Global Service NSN Ashish Chowdary.
According to NSN offers unparalleled strength in terms of human resources, execution capability and network operations expertise. Thus the NII will benefit from this partnership in terms of increased efficiency and cost savings.
By Switching to Digital TV, the Government $ 80 Million Debt
Credit & Loan September 22nd, 2010
JAKARTA – Intention government to make analog TV to digital TV switch will continue to outlying regions. Even the government has received assistance from the Spanish government loan of $ 80 million.
“We have received soft loans from the Spanish government. Later, the money will be used to assist the border and remote areas in terms of set top box,” said Director General SKDI Tulung to Legal Fredy, after the launch of digital TV in LHY50D TVRI 7 Studio, Jakarta, Tuesday (9/6/2009).
To campaign for digital TV migration, the government has conducted various talks with several providers to provide a tool set top box transmitter. He target, 200 thousand to 400 thousand set top box will be available every year.
“Currently, the provision of set top box that borrowed been done in some border areas throughout Indonesia,” he said.
Help them make the migration to digital TV to all corners of Indonesia can be done well. The government also was seeking to set top box prices affordable, which is currently in the range of 200-300-hundred thousand.
Central Bank Governor: Greece Not Need Help
Economy September 22nd, 2010
BERLIN – Despite being hit by economic crisis, but did not make Greece become spoiled. Central Bank of Greece Governor George Provopoulos stressed that Greece did not need help from outside.
“Greece does not need foreign aid to solve its debt problems,” said Central Bank of Greece Governor George Provopoulos as quoted by Reuters on Monday (8/3/2010).
Provopoulus said that, the demand for bonds valued at five billion euros, or approximately $ 6, 8 billion in 10-year period have been sold on Thursday. This shows that Athens able to improve its financial through financial markets.
Demand for bonds closed Itupun raise approximately 16 billion euros, with 400 investors involved.
He hopes that Greece will come out of these financial problems by itself. He was no longer worried about the ranking of Greece to be derived by the rating agency Moody’s.
Moody’s has given to the Greek A2 rating with negative growth and said that Athens must start planning for their financial savings or face downgrade.
Last week, Greece pull through the financial savings package of 4.8 billion euros to restore the deficit is for the two digits and blamed market speculators, who bet on Greece by likelihood would have failed to pay, kerna rising cost of debt provision.
Current financial markets watched closely, will the Greek public will receive financial austerity imposed by the government or will be chaos.
Provopoulos himself opposed the idea of assistance from the IMF. “Greece is part of the European family, so has the responsibility for Europe,” he said
Sweden Beat U.S. Useful Connectivity Problem
Company Info August 30th, 2010
JAKARTA – In his third year, Connectivity Scorecard for the first time shows the change in the economic leadership that is driven by innovation. U.S. is almost always superior in this case defeated by Sweden.
Although still a very strong player, the U.S. has not proved strong consistency of Sweden during the past year. U.S. leadership in the continuing business infrastructure was assessed Connectivity Scorecard 2010 is not enough to overcome the gap with the countries with the best performance, especially in the consumer broadband sector.
Connectivity Scorecard is an annual research carried out Nokia Siemens Networks (NSN) of the useful connectivity applied in 50 countries. Connectivity is defined as a combination of useful infrastructure, complementary skills, software, and is informed that the use of ICT can be a key driver of productivity and economic growth. So as mentioned in the written statement NSN, Friday (12/2/2010).
Research Connectivity Scorecard this year was written by Professor Leonard Waverman of the University of Calgary, along with the economic consulting group LECG.
Connectivity Scorecard study in 2010 stated that the focus on improving the ICT infrastructure, broadband penetration, and workforce skills development is very powerful right against prolonged effects of the recession is going on.
“Telecommunications and technology sector proved very resilient during the financial crisis and the global economy. The penetration of broadband and mobile phones continues to grow in most areas of the economy, both in developed and still developing, as well as other ICT technology adoption,” says Waverman.
“Economic recovery and the government stimulus package intended to encourage the deployment of broadband and ICT development should make room for optimism in the years to come,” he added.
The study shows, Sweden successful leadership narrowing Asian countries like Korea and Japan, in the latest generation broadband infrastructure for a large market.
In addition, Sweden showed a very consistent increase of ICT pp. Marked by the use of internet banking, internet trading, and supply of eGovernment which indicates the use patterns of advanced ICT.
“Comparison between the United States and Sweden actually brings us to the essence of the Connectivity Scorecard. Sweden has the best combination of equipment today,” said Waverman.
