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BI wants 50,000 merchants in East Nusa Tenggara to use QRIS payments in 2020

first_imgBank Indonesia (BI) wants 50,000 merchants in East Nusa Tenggara to use the digital Indonesian Standard Quick Response Code (QRIS) payment system by the end of this year.BI East Nusa Tenggara province head I Nyoman Ariawan Atmaja said that as of March, 10,533 merchants had implemented the QRIS system in the island province.”The merchants switched from the old QR to the new QRIS from August to December last year,” he said as quoted by Antara news agency on Wednesday. He said the new QR system could help develop micro, small and medium enterprises (MSMEs) in the province.I Nyoman said he would continue to accelerate the implementation of the QRIS system to reach the 50,000-merchant target. He added that banks such as Bank Mandiri, Bank NTT and Bank Rakyat Indonesia (BRI) had also helped carry out the QR switch.Transactions through the QRIS system have been promoted as being more efficient because they use one standardized code for all mobile phone digital payment applications.The government has said that the payment system is universal, easy, profitable and direct and that it aims to encourage transaction efficiency, accelerate financial inclusion, promote MSMEs and boost economic growth.The switch to QRIS is part of the central bank’s National QRIS Week event across Indonesia, which is being held from March 8 to 15 to promote cashless transactions in small businesses.The central bank has disseminated information about the technical details of the QRIS system and the registration process for small businesses that want to begin using it.As of February, the QRIS code had been adopted by about 2.7 million merchants across the country, according to central bank data, 18 percent of BI’s 15 million-merchant target by the end of 2020. (eyc)Topics :last_img read more

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Victoria-Volksbanken group to offload pension, provident funds

first_imgAustria’s Victoria-Volksbanken Pensionskasse (VV-PK) and the Victoria-Volksbanken Vorsorgekasse (VV-VK) – the provident fund managing mandatory employer contributions towards severance pay – have been put on the market. In a confidential sales prospectus seen by IPE, dated March 2015 and drawn-up in English, both entities are offered either as a package or separately, with no price tag.As of the end of 2014, equity for the pension fund was estimated at €16.3m, while equity in the provident fund came to approximately €5.7m.Sources familiar with the market expect the sales price to be at leat €30m. Initial non-binding offers are expected by the end of March and are to be processed by KPMG, appointed to “exclusively advise in the intended transaction” – dubbed Project Eagle – as stated in the sales prospectus.Victoria-Volksbanken declined to comment on the matter for the time being.The pension and provident funds are co-owned by the Volksbanken banking group, as well as a subsidiary of German insurer Ergo.According to the sales prospectus, while only Volksbanken is to offer its shares initially, “all the other shareholders are potentially willing to sell”.This means an interested party could buy a 100% stake in either or both entities.As per year-end 2014, the pension fund had close to €660m in assets under management (AUM) and reported an annual return of 5.9%. By comparison, the market average was close to 8%.At the provident fund, AUM stood at €224m, while returns came in at 3.6%, against a market average of approximately 4%.Volksbanken was the only large banking group in Austria to fail the stress test and is now winding itself down. One potential buyer could be Fair-finance.Markus Zeilinger, founder and chairman of the board at Austria’s youngest Vorsorgekasse, recently expressed an interest in buying a Pensionskasse “if one came onto the market”.He said such a purchase might be Fair-finance’s “last chance” to enter the country’s Pensionskassen market, as building one from scratch “does not make sense in the current environment”.last_img read more

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Gold Coast bush retreat offers peace and quiet

first_img1464 Currumbin Creek Rd, Currumbin Valley.There are multiple swimming holes to cool off in as well as resident platypus and hundreds of bird species to admire.As picturesque as it is, Ms Berg said the property — including the main residence, guesthouse and two cottages — needed a lot of work when she bought it.She and her partner, who have now lived there for six years, transformed the property into the sanctuary it is today.MORE NEWS: ‘I was born to do this’ More from news02:37International architect Desmond Brooks selling luxury beach villa13 hours ago02:37Gold Coast property: Sovereign Islands mega mansion hits market with $16m price tag2 days agoMORE NEWS: Gold Coast family’s mega buy 1464 Currumbin Creek Rd, Currumbin Valley. “When we bought it, it was not like this at all,” Ms Berg said.“Basically everything has been renovated, even the gardens.“As beautiful as they are, it used to be like a horse paddock, now it’s like a golf course.”The main house has an open kitchen, living and dining room with a fireplace the centrepiece.It opens up onto a wraparound deck where there is also a pool and spa. 1464 Currumbin Creek Rd, Currumbin Valley.It also has three bedrooms, two bathrooms and a study as well as a loft.The two cottages on the property each have one bedroom while the guesthouse has two bedrooms.Ms Berg said she loved the property so much because it had character.“It’s all open space too so it’s a very social home, that’s one thing I love about it,” she said.It was going to be hard for her to leave the property but it was too much to maintain while her partner travelled for work.“It is hard, I’ve already shed tears,” she said. “It’s a very well-loved property.” 1464 Currumbin Creek Rd, Currumbin Valley. 1464 Currumbin Creek Rd, Currumbin ValleyHIDDEN in Currumbin Valley’s bushland is a property so peaceful it feels like it’s “a million miles away” from civilisation.The acreage estate encompasses 1.72ha of land between Currumbin Creek Rd and Currumbin Creek.Owner Kym Berg knew it was the property for her before she even stepped foot inside the house.She said the land’s natural beauty was too good to resist.“That area was important because it’s quiet and peaceful and feels like you’re a million miles away from everything but we’re still minutes to the shops,” she said. Video Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 1:44Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -1:44 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality Levels720p720pHD540p540p288p288p180p180pAutoA, selectedAudio Tracken (Main), selectedFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.This is a modal window. This modal can be closed by pressing the Escape key or activating the close button.Close Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button.PlayMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 Playback Rate1xFullscreenHow to bid at auction for your dream home? 01:45last_img read more

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Chief Child Welfare Officer assures disabled movement that their call will be heard

first_imgLocalNews Chief Child Welfare Officer assures disabled movement that their call will be heard by: – March 21, 2012 Sharing is caring! Martin AnthonyThe Dominica Association of Persons Living with Disabilities (DAPD) has been given the assurance that their request for consultation with government is in the hands of the relevant authorities.For several years the DAPD has been trying to get government respond to their request to officially ratify the convention on the rights of persons living with disabilities.Chief Child Welfare Officer Martin Anthony told a workshop geared at sensitizing the public on the matter, that “what I can say that any request which comes to government, they will seriously make an attempt to respond to the request”.According to Martin, the convention will help ensure that the fundamental human rights of specific groups of people are always upheld and actions are taken to ensure that actions and mechanisms are put in place.“People with disabilities do have capabilities. We can see that in many parts of life. We can see that in the political sphere. People with disabilities become politicians, doctors, and head of institutions. People with disabilities have held those positions and continuing to hold that position,” he explained.Anthony said further that seemingly the worth and dignity of human beings is taken for granted.“It is a clarion call to the state to respect the fundamental dignity of human beings. Persons with disabilities shouldn’t be pushed aside because they have worth,” he said.He also extend that worth and dignity to other aspects of society including the elderly and children.Dominica Vibes News Tweet Sharecenter_img 35 Views   no discussions Share Sharelast_img read more

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Murder suspects nabbed

first_imgBACOLOD City – Charged with murder,two persons were nabbed in Barangay Camalobalo, Hinigaran, Negros Occidental. The court recommended no bail bond forthe suspects’ temporary liberty./PN Officers of the municipal policestation served the warrant issued by Judge Walter Zorilla of the Regional TrialCourt Branch 55 in Himamaylan City, Negros Occidental dated Nov. 13, 2019. Ecube and Cabales were detained in thelockup cell of the Hinigaran police station. The 24-year-old resident Donato Ecubeand 21-year-old resident Carlos Cabales were caught on the strength of anarrest warrant around 7:30 p.m. on Sunday, a police report showed.last_img read more

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Boys Area High School Basketball Scores (1-24)

first_imgWRBI Area Boys High School Basketball ScoresSaturday  (1-24)Batesville  75     Franklin County  44Milan  58     South Ripley  57Jac-Cen-Del  69     Shawe Memorial  34Oldenburg Academy  82     Southwestern Hanover  53Madison  89     Greensburg  87   (OT)North Decatur  54     Morristown  48Eastern Hancock  57     South Decatur  47Hauser  73     Waldron  64Shenandoah  50     Knightstown  42Union County  63     Union City  42last_img

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September 28, 2018 Police Blotter

first_imgSeptember 28, 2018 Police Blotter092818 Decatur County EMS Report092818 Decatur County Fire Report092818 Decatur County law Report092818 Decatur County Jail Report092818 Batesville Police Blotterlast_img

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first_imgDuring a preliminary hearing in the Ahmaud Arbery case, Georgia special agent Richard Dial testified that Travis McMichael, one of the men who murdered Ahmaud Arbery, allegedly stood over his lifeless body and called him a “f**king n*****” which was heard by his neighbor, William “Roddie” Bryan, who is also facing charges.Dial also testified Thursday that Bryan, Travis McMichael, his father, Gregory, repeatedly “boxed in” Arbery while he was jogging to prevent him from escaping.Georgia family demands arrests 2 months after son shot deadlast_img read more

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Three One Special Forces take the lead

first_imgDEFENDING champions, Coast Guard, did not get off to a good start,as they were edged out by the Three One Special Forces Unit ,when the swimming segment of the Guyana Defence Force (GDF) Inter-Unit Championships ended yesterday at the National Aquatic Centre, Liliendaal. As the day’s activities concluded, Special Forces Unit ended with 126 points; 23 points ahead of the Coast Guards, while finishing a distant third was the Guyana People Militia unit with 49 points.The other ten teams participating in the competition are the merged One Infantry Battalion/Two One Artillery Company, Base Camp Ayanganna, Base Camp Stephenson , Defense Headquarters, Four Engineer’s Battalion, Training Corps, and Coastal Battalion. Results for the other teams were unavailable up to press time.The four day Championships continue on Wednesday with the track and field segment, where several leading athletes are scheduled to participate, at the Camp Ayanganna Ground.The athletics segment will run for three days, continuing on Thursday and concluding on Friday, when the competition’s ultimate champion team will be declared.The Championship is part of the GDF’S preparation and trial,which will help them to select their most competent athletes to represent them at the upcoming Joint Services Championships, formally called the Inter-Services Annual Athletics Championships (ISAAC).GDF are currently the defending champions of that competition,which pits them against the Guyana Police Force, Guyana Prison Services, Guyana Fire Service, and City Constabulary.last_img read more

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first_imgNew Delhi: Shafali Verma’s second consecutive century, backed up Deepti Sharma’s magnificent haul of 4/10 helped India women’s team continue their winning momentum in the series against West Indies as they won the second Twenty20 International by 10 wickets to take an unassailable 2-0 lead in the five-match series. It was a clinical performance yet again from the Indian cricket team and it was Deepti who led the way by running through the middle order. However, it was Shafali who showed her mettle as West Indies wilted under the onslaught.West Indies chose to bat and once again, the top order failed to get going as Stacy Ann-King and Shemaine Campbelle fell in quick succession to Shikha Pandey and Radha Yadav. Hayley Matthews and Chedean Nation looked to revive the innings with a solid stand but once Matthews fell to Pooja Vastrakar, West Indies struggled. Nation and Natasha McLean looked to get West Indies over 100 but it was Deepti’s turn to boost India. She got the wickets of Nation and McLean in the 17th over and immediately, she responsed with the wickets of Chinelle Henry and Sheneta Grimmond. Her exhibition of bowling in the death overs ensured West Indies had no momentum and her 4/10 restricted them to 103/7.Shafali and Smriti Mandhana started aggressively, with the 15-year-old, who broke a 30-year record set by Sachin Tendulkar to become the youngest Indian to score an international fifty, took the early initiative by taking the attack to the West Indies bowlers. Shafali dealt mainly in boundaries and she notched up her fifty with a six off Hayley Matthews to notch ip her landmark of just 26 balls. This was the third-fastest fifty by an Indian player in Twenty20 Internationals after her opening partner Smriti Mandhana hit a 24-ball and 25-ball fifty against New Zealand and England respectively.Also Read | This Woman Cricketer Breaks Tendulkar’s 30-Year-Old World RecordShafali blasted 10 fours and two sixes while Mandhana hit four boundaries, including the winning boundary as India wrapped up the match in just the 11th over. This was the second time that India had registered a 10-wicket win in Women’s Twenty20 Internationals, having achieved this feat for the first time during the 2016 clash against Australia at the Melbourne Cricket Ground. The action now shifts to the final three games which will be played in Providence, Guyana and India will be gunning to seal the series. For all the Latest Sports News News, Cricket News News, Download News Nation Android and iOS Mobile Apps.last_img read more

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