Daily Archives: April 22, 2019

SIMEX (OTC: ARGB), an infrastructure software platform

LAS VEGAS, April 22, 2019 (GLOBE NEWSWIRE) — President of SIMEX Inc., Vassili Oxenuk says: “Today, we can see the number of platforms called crypto exchanges has exceeded any reasonable number. Thus, investors wishing to participate in the development of the growing and promising crypto industry, it is difficult to understand the competitive advantages of such platforms. It is especially strange to see how investors contribute in projects that promise to do what has already been implemented in other companies and even works. We have created a product that meets all needs of the crypto market and any licensed company can simply take advantage using our software for a particular activity”.

SIMEX Inc, the corporation that has created a multifunctional platform implementing functions listed below and currently existing company could perform as an investment bank and crypto exchange, looking to enter markets and cover as many jurisdictions as possible. In that aspect, SIMEX STO tokens sale is aimed to raise funds to obtain all types of required licenses. It is also ready and open to consider partnerships with all interested institutions that possess such licenses.

SIMEX as the multifunctional platform, which is an independent infrastructure solution software that can function as:

Bank:

– opening and maintaining private and corporate accounts;

– lending functions;

– issue of debit and credit cards;

– intrabank transfers and international transfers in existing eco systems, including cryptocurrency.

Broker Dealer (investment bank):

– market making and trading functions for all types of stock trading;

– automated projects launch pad with following listing (including digital assets) in order to attract capital in both classical money and cryptocurrency;

– management of private and corporate accounts with the function of investment adviser;

Exchange:

– listing functions for all types of commodities, both classical exchanges and crypto industry instruments;

– all types of trading with the ability to integrate third-party trading programs and robotised strategies;

– IEO offering, for selected projects only;

SIMEX – financial intermediary:

– functions equal to PayPal, Western Union transfers.

All SIMEX functions can be implemented as SaaS as a box solution.
At the moment SIMEX provides services for customers only outside of US.

Vassili Oxenuk also added: “Thus, we, as a product, can already function as any of the above stated institutions in the market, within the cryptoindustry market and beyond, considering this with our investors we follow the path of licensing all these functions: banking, broker-dealer, stock exchange. It is important that now we have this product on the market. And there is no need to spend more money on its creation or development”.

Contact information:
Email: president@simex.global
Headquarters: 2300 West Sahara, Office 400, Las Vegas, 89102

SIMEX (OTC: ARGB), an infrastructure software platform

LAS VEGAS, April 22, 2019 (GLOBE NEWSWIRE) — President of SIMEX Inc., Vassili Oxenuk says: “Today, we can see the number of platforms called crypto exchanges has exceeded any reasonable number. Thus, investors wishing to participate in the development of the growing and promising crypto industry, it is difficult to understand the competitive advantages of such platforms. It is especially strange to see how investors contribute in projects that promise to do what has already been implemented in other companies and even works. We have created a product that meets all needs of the crypto market and any licensed company can simply take advantage using our software for a particular activity”.

SIMEX Inc, the corporation that has created a multifunctional platform implementing functions listed below and currently existing company could perform as an investment bank and crypto exchange, looking to enter markets and cover as many jurisdictions as possible. In that aspect, SIMEX STO tokens sale is aimed to raise funds to obtain all types of required licenses. It is also ready and open to consider partnerships with all interested institutions that possess such licenses.

SIMEX as the multifunctional platform, which is an independent infrastructure solution software that can function as:

Bank:

– opening and maintaining private and corporate accounts;

– lending functions;

– issue of debit and credit cards;

– intrabank transfers and international transfers in existing eco systems, including cryptocurrency.

Broker Dealer (investment bank):

– market making and trading functions for all types of stock trading;

– automated projects launch pad with following listing (including digital assets) in order to attract capital in both classical money and cryptocurrency;

– management of private and corporate accounts with the function of investment adviser;

Exchange:

– listing functions for all types of commodities, both classical exchanges and crypto industry instruments;

– all types of trading with the ability to integrate third-party trading programs and robotised strategies;

– IEO offering, for selected projects only;

SIMEX – financial intermediary:

– functions equal to PayPal, Western Union transfers.

All SIMEX functions can be implemented as SaaS as a box solution.
At the moment SIMEX provides services for customers only outside of US.

Vassili Oxenuk also added: “Thus, we, as a product, can already function as any of the above stated institutions in the market, within the cryptoindustry market and beyond, considering this with our investors we follow the path of licensing all these functions: banking, broker-dealer, stock exchange. It is important that now we have this product on the market. And there is no need to spend more money on its creation or development”.

Contact information:
Email: president@simex.global
Headquarters: 2300 West Sahara, Office 400, Las Vegas, 89102

Early counts show Jokowi winning 54.76 percent of vote: KPU

Jakarta (ANTARA) – The preliminary election result from the General Election Commission’s (KPU’s) Ballot Count Information System (Situng) showed Incumbent Joko Widodo (Jokowi) and Ma’ruf Amin securing 11,608,261 votes, or 54.76 percent.

Challenger Prabowo Subianto pairing with Sandiaga Salahuddin Uno won 9,589,418 votes, or 45.24 percent, Situng data monitored on the official KPU website, Monday, at 7:15 a.m. local time noted.

The KPU Situng had made an entry of the ballots after referring to data received from C1 ballot count forms filled in by election officers at polling stations (TPS).

The Commission has, until now, entered C1 form data from 111,572 TPS, of the total 813,350 TPS across countries and Indonesian representative offices overseas.

The KPU will release the official results of the final vote recapitulation on May 22, 2019. Nonetheless, both presidential candidates’ camps have declared their win in the elections.

Indonesia held simultaneous legislative and presidential elections on April 17, 2019, in which over 192 million people were eligible voters.

The voter turnout in the elections, viewed as the biggest and most complex single-day simultaneous legislative and presidential elections, was estimated at over 80 percent.

The 2019 race was a rematch of the contentious 2014 presidential election that brought to light the country’s divide, as Jokowi faced retired general Subianto.

Source: ANTARA News

BI assesses Indonesia’s external debt structure remains healthy

Jakarta (ANTARA) – Indonesia’s external debt remained under control at healthy levels, apparent from its 36.9 percent external debt-to-Gross Domestic Product ratio at February-end 2019, relatively unaltered from the earlier month and within the average of peer nations.

Moreover, on the basis of original maturity, Indonesia’s external debt structure at the end of the reporting period continued to be dominated by long-term maturity debt, reaching 86.3 percent of the overall external debt, noted a statement from Bank Indonesia (BI) on Monday.

Hence, despite external debt creeping upwards, the structure remained solid. BI will ensure bolstering coordination with the government for monitoring external debt and optimizing the role of external debt in backing Indonesia’s development financing sans the risks that might impact macroeconomic stability.

In the meantime, Indonesia’s external debt in February 2019 remains under control, with a healthy structure.

At the end of February 2019, Indonesia’s external debt clocked in at US$388.7 billion, comprising government and central bank debt worth $193.8 billion and private including state-owned enterprises’ debt reaching $194.9 billion.

Indonesia’s external debt grew by $4.8 billion than the previous period following net withdrawals of external debt. Yearly, Indonesia’s external debt growth of 8.8 percent (yoy) in February 2019 after registering 7.2 percent yoy in the previous month was chiefly due to an upturn in the government’s external debt.

The government’s external debt increased in February 2019 for financing productive economic sectors, recording $190.8 billion, with growth increasing to 7.3 percent yoy, as compared to 3.9 percent yoy in the previous month.

The rise was chiefly influenced by an influx of foreign capital inflows to the SBN domestic markets in February 2019, indicating strong investor confidence in Indonesia’s economy.

Furthermore, the Indonesian government’s initiative to issue Global Sukuk aimed to back fiscal funding based on the Green Bond and Green Sukuk Framework.

The upsurge of government external debt opens wider opportunities for financing government spending and investment. Priority sectors financed through the government’s external debt were productive sectors for driving growth along with boosting public welfare, among others, human health and social work activities sector, construction sector, education sector, public administration and defense, compulsory social security sector, and financial and insurance activities sector.

Private external debt as of February 2019 was recorded at $1.3 billion, a stable growth of 10.8 percent yoy than that of last month.

Private debt was largely held by the financial & insurance activities sector; manufacturing sector; electricity, gas, steam & air conditioning supply sector; and mining & drilling sector. The share of external debt in those four sectors to the total private external debt reached 74.2 percent.

Source: ANTARA News