Muhith mentions two bars on way of good governance - The Daily Star Muhith mentions two bars on way of good governance - The Daily Star

Saturday, May 19, 2012

Muhith mentions two bars on way of good governance - The Daily Star

Muhith mentions two bars on way of good governance - The Daily Star
Saturday, May 19, 2012

Finance Minister AMA Muhith on Saturday identified corruption and lack of proper enforcement of law as the two key elements standing on the way of good governance.

He also said that application of information technology and Right to Information (RTI) Act are mandatory to curb corruption and establish good governance in the society.

He was addressing the inaugural session on "Good governance: Leveraging initiatives that work" at Hotel Sonargaon in Dhaka.

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Precision Walls Promotes Christensen to VP of Finance - PR.com
Cary, NC, May 19, 2012 --(PR.com)-- Precision Walls, Inc. is pleased to announce that Matthew Christensen, CPA has been promoted from Corporate Controller to Vice-President of Finance. In his new position, Christensen will lead the company’s financial operations including accounting, financial reporting, and information technology. He will be responsible for all accounting, financial and information technology activities including: benchmarking, forecasting, cash management, risk mitigation, internal controls, billings, accounts receivable and accounts payable.

Christensen has 20 years of experience in construction, accounting and finance with KPMG, Centex Homes and KB Home. He also serves on the Board of Directors for three non-profit organizations: the local chapter of the Construction Finance Management Association, Diabetes Management Solutions and Ten Thousand Villages. Christensen, a Certified Public Accountant, holds a B.A. in Philosophy from Creighton University in Omaha, Nebraska and a Masters in Accounting from the University of North Carolina at Chapel Hill. He is the proud father of three children: Soren, Carly and Tess.

About Precision Walls:
Precision Walls, Inc. is a family owned and operated specialty contractor headquartered in Cary, North Carolina with offices located in NC, SC and TN. Precision Walls started from its humble beginnings in 1964 to become one of the nation’s premier specialty contractors serving clients throughout the Southeastern United States. It is recognized by Engineering News-Record as one of the Top 10 walls and ceiling contractors in the United States.

As one of the nation's premier wall and ceiling specialty contractors, Precision Walls has provided top quality service to our clients for over 40 years. We have one of the best Safety records in the industry. Precision Walls uses only the best products and materials available, performs installations second to none, and provides the highest level of customer service in the industry. Our passion is building strong customer relationships and being the partner that helps drive your job. Focused scheduling and accurate budgets enables us to save our customers time and money by completing projects within budget and on time.

Whether you are adding a door in your office or constructing a multi-story office building, Precision Walls has the solution. Our products and services include commercial drywall, acoustical ceilings, operable & accordion partitions, temporary and demountable partitions, light gauge framing & trusses and EIFS. Our professional staff and skilled trades men are involved in every aspect of the project from start to finish with an unparalleled commitment to safety, quality and service. When you do business with Precision Walls, you will experience true excellence without compromise. You have our word on it.

For more information on Precision Walls, please visit www.precisionwalls.com.



FinMin: bill on CPB rescue allows options apart from EU bailout - famagusta-gazette.com
A bill approved by the Cypriot Parliament on state backing to Cyprus Popular Bank's recapitalisation efforts gives Cyprus room to examine all possible options to avoid the entry into the EU support mechanism, Finance Minister Vassos Sharly has said.

After lengthy discussions, the Parliament approved early this morning a bill providing for the state to act as an underwriter to CPB's capital increase of 1.8 billion euro through a rights issue.

''The effort made tonight (yesterday for the approval of the bill) gives the possibility to examine other options,'' Sharly said responding to a question whether Cyprus would avoid the EU support mechanism.

''And yes we will work in the time ahead to explore every option possible to avoid the (support) mechanism,'' he added.

Sharly said he is moved by the sense of responsibility shown by all MPs who approved the bill.

Furthermore, replying to questions, Sharly voiced his concern over developments in Greece, expressing hope that Greek politicians will put the interest of their country before their own political benefit so that Greece will remain in the euro area.

''If this prevails I believe that at the end of the day Greece will make it and will remain in the Euro area and the Greeks will see better days,'' he added.

Cyprus is heavily interconnected with Greece through the Cypriot baking system whose loan portfolio in Greece accounts for approximately 25 billion euro. While Athens is gearing up for new general elections on June 17 speculation for Greece's exit from the Euro area is rising.

''For this reason I say if the Greek politicians show the same sense of responsibility like their Cypriot colleagues I believe they will make it (to remain in the Euro zone) and will not drag Cyprus in more difficult days,'' Sharly said replying to a question.
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