Expand Business, CIMB's Acquisition Of RBS Investment Banking Hong Kong

Jakarta -CIMB Group recently completed the process of acquisition of the investment banking business of Royal Bank of Scotland in Hong Kong and integrate it into the network of investment banking or investment banking CIMB.

"Now, we are ready to compete in Hong Kong with more personnel in the ranks of investment bankers and equities, it is they who become the anchor in our operations in North Asia," said Dato ' Sri Nazir Razak, CIMB Group Chief Executive in a press release Tuesday (27/11/2012).

"I am optimistic with our prospects, this is due to the new combined team has had a good track record in Hong Kong, as well as a factor of differentiation from a very broad network in ASEAN. The Model that we apply the intermediation is doing in Asia for Asia, and for that we have set up a special platform, "he added.

Matthew Kirkby, CEO for the unit in Hong Kong and Co-Head of Investment Banking, will lead the 200 staff in Hong Kong by providing consulting services investment banking, equity and capital market fund procurement services, brokerage services and research.

Kirkby has more than 15 years of experience in investment banking in Europe and Asia, and has previously served as Head of Global Banking Asia Pacific business, which handles corporate banking and investment banking Royal Bank of Scotland in the Asia-Pacific region, including a debt capital market, capital market, equities and corporate finance.

"The potential in Hong Kong given the remarkable large area is one of the top financial centers in the world while the entrance to China," explained Kirkby.

Hong Kong and Australia (which has been inaugurated the work unit earlier this month) will be the two largest markets, CIMB Group outside the ASEAN region. After the acquisition of RBS investment banking business units in Asia Pacific completed entirely-is expected to end in 2012 then later – working area CIMB Group will cover 18 countries.

(ang/dnl)

View the original article here

Peliculas Online

Special Road Truck Stunted Land Acquisition

Container carrier trucks passing in Simpang Jampea backdrop of freeway project Tanjung Priok Sexy NS (Yos Sudarso-Simpang Jampea), Tanjung Priok, North Jakarta, Thursday (8/11). The Government continued to build infrastructure, including road infrastructure, to attract the interest of investors in order to encourage economic growth in Indonesia. Growth in quarter III-2012 of 6,17 percent, down compared with quarterly growth I and II in 2012, i.e. 6.3 percent and 6.4 percent.

JAKARTA, KOMPAS.com — a plan to build special road trucks with the route Jakarta-Tanjung Priok road still in place. This is due to its construction is hampered in the acquisition of land.

President Director of PT Jasa Marga Tbk (JSMR) explains this project Was planned to be stretched along more than 30 kilometers. "However, it is currently being carried out his studies. The road was still constrained problem land, the liberation of its land, "said his predecessors in Jakarta, Wednesday (16/11/2012).

According to Dragon land, 30 miles it is actually a continuation of the project construction of the Jakarta Outer Ring Road (JORR) 2 with a route (Tangerang) Kunciran-Serpong-Soekarno-Hatta Airport (Taoyuan) that already exists. However, because there are still constraints of land acquisition, the company is also looking for some alternative land. Alas, Was reluctant to describe the alternative land.

"It was done so both lines can be effective," he said.

The reasons of land acquisition is difficult is because the area was already populated. "Because it's already dense housing, we will search for an alternative route, through which the pas," he said.

Although the company has been appointed as the executor of the project, it Was still unclear whether the construction of the truck had made a similar toll roads or streets only. Until now, the company is still completing studies of worthiness. "If the toll road, the funds put up there should be government intervention, particularly funds for land acquisition," he said.

But if the road to the area, the company will be working with partners to build the project. One of which has been designated the Government is PT Adhi Karya Tbk (SARA). The construction of this project will also be a synergy with development projects in Indonesia Port PT II (allow yourselves) and PT Nusantara Bonded Area.

Just a note, the Minister of State-owned enterprises (SOEs) Dahlan Iskan and Governor of DKI Jakarta, Joko Widodo held a meeting for the first time. The two discussed infrastructure projects entrusted to STATE-OWNED ENTERPRISES as well as other Works.

During this time, a truck heading for Tanjung Priok often experience delays due to the coming of the hour drive along with other vehicles. Therefore, the study is intended to determine the specific lines that will pass a truck. The completion of the study and the study is expected to take 3 months to 6 months.

It means that the construction work can be realized in the first half to 2013. The construction phase of alleviation 1.5 years-2 years. So is expected by 2015 can already operate because it fits the target of the Government. From the side of the road construction project investment, special trucks this requires endless flow funds amounting to Rp 6 trillion.

View the original article here

INFO NEWS