cpcs transcom limited [ can a bot or someone please add a self-promotional or peacock language template .

the tone of this article 's introduction badly needs fixing ] .

( commonly known as cpcs ) is an award-winning international infrastructure development firm specialising in private sector participation in transportation and power infrastructure , operations , investment , policy and regulation .

an ottawa , ontario-based company , cpcs operates in more than 80 countries worldwide , particularly in africa and southeast asia .

established in 1996 via a merger of firms , hickling transcom and cpcs international , cpcs transcom was recognized by the 1999 canadian information productivity awards for its " comprehensive information and systems core business strategy " .

cpcs is governed by a board of directors that includes a full complement of non-executive directors .

cpcs transcom limited

stephanie moved on from the edc to join cpcs transcom limited in march 2015 . cpcs transcom limited is a global consultancy firm specializing in infrastructure development advisory services in transport , energy and urban development sectors .
cpcs transcom became a niche player in transportation commercialization – specifically in africa’s rail sector . in fact , cpcs transcom was transaction advisor for the successful concessioning of eight railways in africa and our efforts in this sector won us a world bank president’s award of excellence .
in 1989 , cpcs became independent of cp through a management buy - out . it later merged with the transport commercialization arm of hickling transcom .
cpcs has a global footprint and we’ve completed projects in more than 120 countries .
cpcs also offers competitive benefits packages , and takes part in volunteer opportunities in each community where we operate .
we are diverse . cpcs’s multicultural team can provide unique perspectives . our team consists of 19 different nationalities .
cpcs’s story traces back to the construction of the canadian pacific railroad ( cp ) in the late 1800s .
“the type of experiences i have had at cpcs are beyond what i would have gotten in another position . ”
north american practice : in 2006 , the north american practice was formally created as a division of cpcs and operates with its own dedicated team . this has allowed cpcs to better respond to the specific needs of clients in north america and to develop a depth of experience specific to this market . the practice continues to draw on cpcs ' s global experience and experts as needed .
cpcs offers a collegial , challenging and varied work environment with a strong focus on learning . here is what our staff say :
clients soon hired cpcs to translate their rail ppp expertise into the port , marine and power sectors . by 2007 / 08 , c
while nigeria railways corporation ( nrc ) does operate a limited commuter service , it is inadequate to meet current demand . expanding rail transit in lagos has been discussed in numerous transport studies dating back to the late 1970s and early 1980s with the existing line as well as several city streets frequently touted for a new public transport corridor , but all of these proposals ultimately came to nothing .
in addition to conceptual design , canadian consultancy cpcs was appointed under a contract in 2006 to undertake a pre - feasibility study and conceptual design for the blue line .
the work culture at cpcs and the types of projects we do will push you to gain new capabilities and gain experience in areas beyond what many other jobs would allow .
we are forward thinking . in a male dominant industry , cpcs’ fresh approach involves selecting top talent for our teams , women and men . our team consists of 41 % women .
cpcs has been honored with the world bank ' s award of excellence , the canadian award for international cooperation , and a canadian award for international development ( best transport services project ) .
recognizing the significant depth of expertise it had developed ; cp established a consulting arm in 1969 - canadian pacific consulting services ( cpcs ) , to advise governments and other transportation services providers around the world .
the fittskills courses introduced me to the fundamentals of international project management and international trade finance , knowledge i have used in my current ( cpcs ) and previous ( edc as the 2012 - 2013 edc - fitt intern ) jobs , respectively .
cpcs provides advisory services across a broad spectrum of infrastructure sectors , including : ports , rail , urban ( transit and property development ) , power , marine , multimodal logistics and roads . our team brings international expertise in the areas of transaction structuring , public - private partnerships ( ppp ) , financial and economic modeling , legal and regulatory reform , operations , engineering and social and environmental advisory . this strong combination of in - house commercial and technical expertise is what makes cpcs different and has enabled us to successfully complete over 900 projects in 80 countries .
cpcs has a dynamic international team of experts and administrative support staff . being a part of the team is like being a part of a large extended family . the work environment is friendly and supportive with staff actively encouraging and motivating each other to produce the best possible services for our clients , as well as the best possible working environment for staff . cpcs believes in a healthy work / life balance and we enjoy celebrating each other ' s successes both personal and professional . this positive environment reflects in the attitudes of our team and in our working relationships with clients .
although rail vehicles can be transported and re - deployed elsewhere , fixed infrastructure by its very nature does not have this flexibility . as a result cpcs determined early on that this element of the project would be less attractive to private investors and public funds would be required from the start .
to test the theory that demand would be sufficient to allocate revenue risk to the private sector , cpcs developed a full operating cost and financial model . the model assumed that the lagos state government would fund most fixed infrastructure , and the concession for passenger rail service and infrastructure maintenance would be tendered . lichti says this approach was beneficial for several reasons :
cpcs is an international professional services firm that has been providing specialized infrastructure development advice to public and private sector clients since 1969 . specializing in mobilizing private investment in public infrastructure and services , we develop strategies and programs that ensure sustainable infrastructure service delivery and promote economic growth . we are currently the third largest company in canada for consulting projects funded by international financial institutions - a significant portion of our work has been implemented in challenging international markets .
cpcs is an international professional services firm that has been providing specialized infrastructure development advice to public and private sector clients since 1969 . specializing in mobilizing private investment in public infrastructure and services , we develop strategies and programs that ensure sustainable infrastructure service delivery and promote economic growth . we are currently the third largest company in canada for consulting projects funded by international financial institutions - a significant portion of our work has been implemented in challenging international . . . more »
in a short period of time , cpcs ' north american practice has established itself as market leader . we continue to bolster our presence and team in this market in response to a growing volume of work . since 2006 , we have completed over 50 assignments for both public and private sector clients . public sector clients include municipal , provincial and federal governments as well as agencies . private sector clients have included port operators , class 1 railways and other logistics providers as well as private debt and equity investors .
rail projects , and in particular passenger rail projects , are inevitably capital intensive and require large amounts of up - front investment . mr derrick lichti , a principal consultant and head of the modelling and urban transport practices at cpcs , who was the team leader of the demand study for the lagos project , says that the preliminary analysis clearly showed that the capital investment for all fixed infrastructure could not be borne by the private sector alone . as a result he says the project was structured in a manner that required infrastructure investment by both the government and private parties .
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construction is underway on the initial 8km section of lagos ' first metro line . doing business in nigeria has traditionally been a difficult proposition for foreign companies , but as kevin smith discovers , by enacting an effective ppp financing structure the lagos area metropolitan transport authority has attracted the international project management expertise required to get the blue line up - and - running .
with a population of 20 million , which is growing by an estimated 3 . 2 % every year , lagos is one of the largest cities in africa . it is also one of the most congested cities in the world .
despite the lagos area metropolitan transport authority ( lamata ) successfully introducing a rapid bus network in 2008 which now carries 200 , 000 passengers per day , relying on bus transit alone is simply inadequate for a city of this size . as a result this service is currently supplemented by a large fleet of minibuses , known locally as danfos , which are designed to carry 10 to 15 passengers . however , the demand for their services is so high that it is not uncommon to see 20 to 30 people squeezed in for their morning commute .
the danfos are not the only element of the transport system which is overcrowded . the streets themselves are clogged with cars which means that cross - city journeys take hours , much to the frustration of residents .
this dire situation is , though , about to improve through the launch of the 27km east - west blue line of lagos ' new metro , with construction of the first 8km phase now underway .
the blue line was suggested as long ago as 1980 when it was included in the transport master plan , and was initially conceived as a single project . however , following the financial crisis of 2008 it was decided to split the project into two phases ; the first 8km phase from mile 2 to national theatre is projected to open in 2016 , and the line from national theatre west to okokomaiko , and east across a bridge to marina on lagos island is projected to open one to two years after that .
the line is being built to standard gauge and will have 600v dc third rail electrification . trains will operate at 5 - minute headways during the peak and at 10 - minute intervals at other times , and once fully operational the line will have sufficient capacity to carry 60 , 000 passengers per hour , per direction . several of the planned 13 stations will be located in the central reservation of the new 10 - lane badagry expressway toll road where the line will run west of eric moore road close to ignamu station . on the stretch east of the new road to marina the line will be elevated .
the blue line is part of plans for a comprehensive network for the city which could eventually span seven lines . an extension of the blue line west to ojo is envisaged as the next phase of the lagos rail network which also includes the red line , a 35km north - south route from agbado to marina which will connect with the extension of the blue line to marina on lagos island and share existing nrc infrastructure going north . it will serve 14 stations and early projections show the service carrying up to 500 , 000 passengers per day . the red line sponsors are currently trying to negotiate access to the right - of - way .
lamata , which was formed in 2003 as a semi - autonomous agency of lagos ' state government , was keen to explore the use of public - private partnerships ( ppps ) for the implementation of its rail projects following the success of a similar ppp venture for the bus scheme .
lagos state government funds and well - subscribed bond sales were expected to provide the necessary funding to construct the fixed infrastructure . although a major upside for the implementation of the project , lichti says investor appetite for the operations and maintenance contract was still uncertain . as a result an extensive demand study and financial analysis was required to determine the parameters under which an operations and maintenance concession would operate .
it is no big secret that passenger services are rarely profitable ,
lichti says .
the demand study carried out for the blue line demonstrated what anyone who has ever driven in lagos knows - there are a lot of people travelling throughout the city at all hours of the day . this was a critical finding because it was still undecided who would take revenue risk on the project . given the government ' s major financial commitment to build the fixed infrastructure , it was preferable for the revenue risk to be allocated to the operator .
lichti adds that one of the other key findings of the demand study was that lagosians were spending a staggering amount of time transiting throughout the city .
this did not go unnoticed by the project team , who often experienced a three to five hour round - trip from national theatre to okokomaiko ,
he says .
the economic impact of the blue line will be incredible .
the study consequently found that a segregated rail mass transit system would cut this journey time to less than 30 minutes each way , regardless of the time of day , and estimated demand at 300 , 000 passengers per day by the end of the first year of full operation , which using a fixed tariff of approximately $ us 1 ( at 2008 prices ) , meant that revenue potential was strong .
• private capital could be used to fund other investments - for instance a purpose - built gas - fired power station has been proposed by the preferred bidder to power the trains with the potential to sell excess power into the public grid , generating additional revenue .
after the conceptual design was completed in 2008 , tender documents were issued in an international rfp following an initial prequalification . separate tenders were released for the construction of the fixed infrastructure and the operations and maintenance ( o & m ) concession . multiple bids were received for both tenders , and following negotiations , a contract was awarded for the construction of the fixed infrastructure to china civil engineering construction company ( ccecc ) .
in the case of the o & m tender , negative bids were permitted . however , both bids received included concession payments to be paid to the government over the course of the 25 - year concession . this vote of confidence for the project structure solidified the objective to allocate revenue risk to the private sector , minimising the need for government involvement post - construction .
in 2010 the contract was awarded to preferred concessionaire , eko rail , a nigerian company backed by emerging markets investment firm verod capital management and supported by first class partnerships , britain , which is providing technical and commercial assistance , investec bank , and several legal partners .
mr michael schabas , a partner of first class partnerships , who is leading fcp ' s work in nigeria , says that in its operation plans for the line , eko rail has emphasised developing strong links with other public transport modes by offering through - tickets for buses . he says the concessionaire is also encouraging developments in and around stations and they are working with the lagos state government to improve paths and walkways to the stations to make lagos a more pleasant place to be and travel .
we are even looking at how cycling could be encouraged and reintroduced to lagos ,
schabas says .
people used to cycle in the city 50 years ago but now the traffic is so bad that it is almost impossible .
eko rail is also in the process of establishing its own 25mw gas - thermal power station to supply electricity to the line , which will be located at the depot in okokomaiko . schabas says the concessionaire is not interested in getting involved in the electricity business , but admits there is potential to sell excess power into the grid .
as the o & m concessionaire , eko rail is of course responsible for installing signalling and telecommunications systems and purchasing rolling stock . while schabas says discussions about the signalling system are continuing , eko rail confirmed in september 2011 that it had purchased 255 subway cars from toronto transit commission ( ttc ) for use on the line . despite being 35 - years - old , schabas says the vehicles offer amazing value because apart from the first 10 - 15 years of their life , they were used only on peak services in toronto clocking up around 70 , 000km per year .
schabas says that the trains are formed of a steel frame and a riveted aluminium bodyshell with no welded joints . he adds that they were one of the first metro trains in the world to use regenerative electrical braking and are extremely energy efficient . as a result the brakes blocks are all in extremely good condition with ttc reporting that replacements are rarely required .
we purchased these trains with the view that they will last the entirety of our 25 - year term ,
schabas says .
they are not likely to fail , or fall apart , but would require a midlife refurbishment to replace the usual things . we are starting to take delivery of the trains now and the abnormal track gauge in toronto [ 1485mm ] means that we are going to replace the bogies . we are still negotiating with potential companies which will carry out these upgrades , but gmi in the united states has dismantled and assessed two of the cars and they have found they that are in good condition . the nature of toronto ' s system means that they are very clean , there is no graffiti , and if you ride the train there you do not see any litter . we think we have got a very good deal for some very good trains .
eko rail expects to use around a third of the trains on the blue line , but was obliged by ttc to buy the entire fleet . initially it had hoped to use them if it was selected as the concessionaire for the red line project but if this does not happen , eko rail will look to sell approximately 124 cars which schabas says are ideally suited to a new metro start - up , like lagos .
in a city currently crippled by lack of infrastructure investment , the blue line will revolutionise travel along the east - west corridor and save millions of hours every year . schabas says he and his partners ' experience in lagos has been very good , stating that contrary to reports it is a safe city that is getting cleaner with
what once were piles of garbage being replaced by parks every time i visit .
of course the project is also a source of local jobs . and while there is an abundance of low - cost low - skilled labour , it has been more difficult to fill highly - skilled jobs with local professionals . but where nigerians might have looked to london or new york for better paid jobs in the past , the commitment of the lagos state government to invest in local infrastructure and utilise a successful ppp hints at more attractive opportunities at home . and with a growing economy , and the most stable banking system in africa , all spurred on by a visionary governor , lagos appears to be emerging as a prosperous african destination .
in 1960 lagos was the singapore of west africa and there is no reason why it cannot be again ,
schabas says .
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data science analyst & cartographer - iau ( ottawa or washington d . c . )
we have been drawn together by our interest in global infrastructure growth and the strengthening of economies – we are united from all parts of the world , our team synergy fosters excitement for every project and we work as one creative unit to overcome problems and make your visions a reality .
we are unique . with over 100 staff ; management consultants , economists , financial analysts , planners , infrastructure engineers , ppp experts , operations experts , institutional specialists , social and project managers .
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we provide strategic advisory services specific to transportation and power infrastructure , and related operations , investment , policy and regulation . we also help mobilize private investment in public infrastructure , specifically through public - private partnerships ( ppp ) .
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solidified its presence in the power sector by shepherding the federal republic of nigeria through the process of privatising its electricity sector .
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, where she specializes in project finance and legal issues surrounding international infrastructure projects .
she is an ambitious , motivated individual who has a passion for experiencing the world through travel and working with people from different cultures . it is largely this attitude that is responsible for inspiring her career in international trade .
st . augustine summed up my perception of international travel quite nicely : ‘the world is a book and those who do not travel read only one page . ’
stephanie has excelled in her educational and professional careers . she has a bachelor of science degree from the university of toronto and a law degree from osgoode hall law school at york university , where she placed first in business associations and specialized in international , comparative and transnational law .
it was during her final year in her undergraduate studies that she first got a taste of international consulting , setting her future career in global trade in motion . she was a researcher to the university of zambia , living there locally to conduct an assessment of the university’s hiv / aids policy .
“although i missed my convocation because of field work , the experience on its own was life changing . i was introduced to the wonderful world of consulting , but had no idea at that time i would be spending the majority of my career exporting consulting services to improve infrastructure in developing economies . ”
i am a natural explorer who has always embraced cultural differences . i have a fire for travelling and doing business in foreign countries . based on my soul searching , i decided that a career in international trade was the best fit for my personality and interests .
upon discovering her interest and aptitude for international consulting , stephanie pursued further education in international studies . she complemented her degrees with a diploma in international trade from the fitt - accredited international business program at sheridan college .
one of stephanie’s proudest accomplishments is being awarded the edc - fitt internship after completing her studies at sheridan college .
“i was elated when i was offered the edc - fitt internship at the conclusion of the fitt - accredited international business program at sheridan college . i knew it was the beginning of a fun and stimulating career in something that i was extremely passionate about . ”
she decided to take her success one step further by differentiating herself in the global trade industry with a specialized designation , earning her elite citp® | fibp® in 2013 .
i pursued the citp® | fibp® designation simply because it is the world’s leading professional designation for global business practitioners . it is a symbol of my dedication and passion for international business that i wear proudly for my clients .
stephanie worked at edc from 2012 – 2014 , doing rewarding work in multiple different roles . she has advised canadian exporting companies on financial products to help them maximize sustainability and grow globally . she also participated in structuring security packages and negotiations for complex secured lending transactions across a range of jurisdictions .
their clients include every level of government in canada , foreign government departments and agencies , private sector businesses and all major international financial institutions including the world bank , african development bank , and asian development bank .
as a senior consultant , she is a project finance and legal specialist , responsible for providing transaction advice on international infrastructure projects involving ppp ( public - private partnership ) , privatization , and restructuring of state - owned facilities . she assists clients with ppp structuring , tender documentation , legal agreements and negotiations .
one of the projects stephanie is most proud to be part of is the us $ 3 . 8 billion north - south railway project in the philippines , the largest ppp in the philippines to date , in which she has an advisory role .
the project aims to revive the national railway and will and will connect metro manila to currently underserved areas in southern luzon . this exciting , groundbreaking project will have a major impact on the people of the philippines , an area of surging economic growth and development .
on top of her professional occupation in international trade , stephanie is also active in the organization of women in international trade ( owit ) , serving on the executive board as vice president , programs .
she is a member of the community addictions peer support association ( capsa ) and the international bar association’s international construction projects committee .
with all of those accomplishments under her belt , it’s clear that stephanie’s drive and vision can take her anywhere she sets her sights . we can’t wait to see what she does next .
advance your career and build your professional credibility in the field of global business by earning the certified international trade professional ( citp ) designation .
the certified international trade professional ( citp ) designation is the world’s leading professional designation for the field of international business . so whether you’re new to global trade or have over a decade of direct experience , you’ll find the citp designation can help advance your career and build your professional credibility .
the citp designation sets you apart in the competitive international business industry because it’s proof you possess the competencies global business experts have identified as being essential for a successful career in international trade . it also recognizes your dedication to ethical business practices and ongoing professional development—both of which are desirable traits for today’s global business practitioners .
i am a content marketing specialist for the forum for international trade training ( fitt ) . you can find some of my work on tradeready . ca . my background is in copywriting , journalism and social media . my passion lies in connecting people to the stories that are most important to them . view all posts by pamela hyatt
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onfleet ( formerly addy ) is a san francisco-based technology company specializing in logistics management software and route optimization for businesses offering last-mile delivery .

onfleet ’s platform includes a web-based dispatching and analytics dashboard , restful api , ios and android driver app , and a recipient-facing tracking page .

onfleet

customers in 25 countries have been using onfleet ' s beta version since january 2014 .
thanks for getting in touch ! an onfleet representative will follow up with you shortly .
things happen , deliveries fail . with onfleet , automate what your drivers do next .
delivered - this week ' s delivery - related news brought to you by onfleet .
onfleet is the easiest way to manage and analyze your local delivery operations . your delivery company must have an account with onfleet to use this app . whether you ' re making deliveries by car , foot , bicycle or hoverboard , onfleet driver allows you to receive and complete tasks managed through onfleet . if your delivery company does not use onfleet and you would like to learn more , check out urltoken or email sales @ urltoken to schedule a demo .
“we love onfleet ! our logistics team finally has the visibility they need to be able to manage the fleet during our delivery hours . onfleet is a core part of our service ! ”
this post will teach you how to create a basic , yet powerful onfleet integration with zapier .
a review of the powerful features and enhancements made to onfleet’s last - mile delivery management software in 2017 .
onfleet is a b2b software company that specializes in last - mile delivery logistics . onfleet has powered millions of deliveries for hundreds of businesses in dozens of countries around the world . onfleet ' s customers range from food & beverage delivery services to laundry & dry cleaning , prescription pharmaceutical , and flower and retail delivery businesses .
venture - backed software startup onfleet supplies the last - mile logistics for hundreds of on - demand delivery apps .
“onfleet is on point . dispensaries in our community love the seamless integration and the increased efficiency of their deliveries . ”
the onfleet api is a urltoken web service for developers to programmatically interact with [ onfleet ] ( https : / / onfleet . com ) ’s data and real - time delivery management functionality . every bit of data exchanged between clients and the api is urltoken over https . the base url for the onfleet api is urltoken all sample requests in this documentation are formatted for urltoken all parameters , where relevant , are required unless otherwise specified . if you have questions about using the api , want to share some feedback , or have come across a bug you ' d like to report , write us an email at [ support @ onfleet . com ] ( mailto : support @ onfleet . com ) or [ submit a urltoken through our support center .
“onfleet has simplified our operations immensely . it checked all the boxes for what we needed out of a courier management software . ”
photos , signatures , barcodes and notes can be collected from the field and accessed instantly in the dashboard or via the onfleet api .
with thousands of drivers on the road using its software , onfleet is not yet profitable but is generating revenue managing hundreds of thousands of deliveries .
onfleet leverages machine learning to produce top - of - class real - time predictions for driver arrival and task completion time . at peak , we…
onfleet ' s business - to - business model is meant to help local merchants big and small get into the on - demand delivery space . by offering an easy software service to take care of the last - mile of delivery management , onfleet has its sights on becoming as big as uber .
“it ' s been so easy to implement onfleet with all our drivers . it has helped us increase customer satisfaction and better manage our delivery days . ”
onfleet ' s software - as - a - service product charges companies each month on the basis of how many deliveries they make . the software is free for companies that do 75 deliveries or fewer a month , but many do far more than that ; onfleet ' s largest client does more than 100 , 000 .
chat with your drivers and dispatchers seamlessly from within the onfleet dashboard and driver app . send and receive voice notes and attachments , and broadcast messages to all drivers . learn more
onfleet can connect to your other tools to streamline your delivery operations , from checkout to doorstep . use zapier to connect onfleet out - of - the box , to dozens of applications including shopify and google sheets , no coding required . you can also integrate directly with our robust restful api for a more custom integration . check out our api docs to get started .
to be clear , onfleet does not provide the drivers — it simply offers the software platform to handle all of the logistics that go into providing delivery services . most of the deliveries onfleet facilitates are in food and beverage , like groceries , prepared meals , alcohol and food from restaurants . in april 2015 , the company said it had facilitated just 100 , 000 deliveries for the year .
of course , the fact that customers are relying on onfleet to provide their core services makes them less open about that fact , which has kept the startup and its competitors ( like trackin or dispatch ) out of the limelight thus far . in fact , onfleet isn’t able to discuss its largest customer publicly — though it can say it has facilitated more than 100 , 000 deliveries this year .
onfleet has raised $ 2 . 3 million from investors like crunchfund , semil shah and winklevoss capital . in december , a similar company called bringg , but with an emphasis on bigger businesses , recently raised $ 5 million , bringing its total amount of funding up to $ 7 . 5 million . while onfleet does serve some business - to - business needs , it’s bread and butter is business to consumer .
businesses use their own fleet for delivery , but it ' s our software that connects the dots and breaks down barriers of private fleets ,
says naim , who is also onfleet ' s ceo .
onfleet recently raised $ 2 million from crunchfund , winklevoss capital , the stanford - startx , and several individual investors , which the team will use to expand its purview beyond startups just raising their seed round or series a .
onfleet ' s powerful connections feature allows you to link your operations with fulfillment partners for seamless joint management . tasks can be created by one organization and executed by another , all while maintaining a unified customer experience . learn more
naim says that onfleet is looking both up - and down - market as it looks to expand . on one front , the team is working to bring on enterprise clients ( think macy’s or bloomingdale’s ) who either already have fleet but outdated field management systems or whose businesses lend themselves to a delivery option . on the other end , naim told techcrunch that “the longer term vision is to go to any merchant and make it easy for them to have deliveries via [ an onfleet - provisioned ] driver network . ”
make manual routing a thing of the past with onfleet ' s fully integrated route optimization tool . our routing algorithm takes into account team membership , central hubs , timing constraints , driver schedules , vehicle capacities , and traffic data to save you time and money in the field . learn more
founded by a stanford business school student , a stanford computer science dropout , and a university of new brunswick computer science grad , onfleet powers thousands of deliveries every day for apps like hellofresh , which delivers recipes and premeasured fresh ingredients to prepare them ; topshelf , an austin - based beer , wine , and liquor delivery service ; meadow and canary , which deliver medical marijuana ; and lugg , provider of on - demand moving . onfleet ' s software connects local merchants and delivery apps with networks of couriers and drivers , and manages the deliveries , forming the backbone of the on - demand economy .
a large factor contributing to the rise of these on - demand and delivery services is the emergence of a handful of startups offering backend infrastructure suited to the task . one such company is onfleet , who provides a white - label backend specifically built for the task of coordinating deliveries with a fleet of couriers out in the field .
onfleet co - founder and ceo khaled naim says the company primarily serves startups who want to offer delivery but for whom the skill isn’t a “core competency . ” he uses customers meadow and canary as examples : those teams can focus on working with dispensaries to provide better products and faster deliveries — the app that routes drivers to their delivery destination isn’t the biggest factor to keeping their customers happy .
indeed , the on - demand economy has given birth to hundreds of companies that offer the ease and convenience of home delivery for the things you ' re too lazy to get or do yourself . but how do all these companies handle the logistics of getting a product or service from a local merchant to the smartphone - clutching customer waiting at home ? increasingly , they ' re turning to yet another startup : san francisco - based delivery - management software provider onfleet .
as the on - demand economy started to blossom , they found that startup delivery apps were trying to reinvent the wheel each time when it came to software logistics layers - - driver apps , real - time tracking , and communication with customers . in december 2013 , they decided to tweak addy ' s capabilities to cater to those companies , and onfleet was born .
we decided to make a [ programming interface ] for all these companies ,
naim says .
that way they can scale their services faster without building software that has already been built .
between ride - hailing apps , food delivery services , and the random niche services for getting things like massages on - demand , smartphones users in big cities are starting to expect seemingly anything and everything with the tap of a button .
the first few years of the “uber for x” trend involved a lot of rebuilding the wheel for startups willing to experiment with the concept . now , it seems like there’s another app delivering cookies or weed launching each week .
facilitates communication between “home base” and couriers , letting drivers know when it’s time to pick up another batch of cookies set for delivery . it also enables communication with recipients , providing the interface for tracking a courier with your delivery , estimating the time until delivery , and letting users contact the courier to handle odd pick - up situations .
in addition to addressing new markets , naim says the team is working on several major core features that should roll out over the next several months , including driver behavior analytics , driver background checks through services like checkr , and route optimization .
if you need furniture for your apartment , there ' s an app for that . when you want alcohol delivered to your door , there are about 10 apps for that . and if you need laundry dropped off , your winter wardrobe put into storage , or a fresh supply of medical marijuana , there are dozens of apps that offer those services .
integrated into these on - demand apps , the software helps the companies delegate jobs to their delivery fleet or to third - party courier services , communicate with their customers when a driver is on the way , and track orders in real time . the company , which was founded by david vetrano , mikel carmenes cavia , and khaled naim in 2012 , had been in stealth mode until late april when it publicly launched with a $ 2 million funding round from winklevoss capital , crunchfund , and stanford - startx fund , as well as several angel investors .
naim was born in the u . s . , but his family soon moved to london and later settled in dubai . with parents who were in real estate and oil , he witnessed the boomtown expansion of commerce in the region . he says when delivery services started to become popular , it threw the postal system off .
street addresses in the middle east are either nonexistent or very difficult to communicate ,
he says .
if you order food , you provide your phone number and the driver calls you when he ' s on the way . it isn ' t very efficient .
after naim returned to the u . s . to get his mba at stanford , he met vetrano and brought in cavia , whom he knew from high school . in 2012 , the trio built addy - - a startup letting users share their exact address with a simple url that links to a map with directions and notes - - at stanford ' s accelerator program , startx . it was a rough prototype , but they had paying customers almost right away .
it ' s super expensive to do delivery - - you have to hire drivers , manage deliveries , and analyze data ,
naim says .
our goal is to build a billion - dollar company . we want to be the world ' s delivery network .
submit your information below to contact our sales team . if you want to join an existing organization , please contact your administrator .
no more spreadsheets or frantic calls . consolidate your operations into one beautiful , intuitive dashboard .
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the simple , intuitive interface makes it easy to complete deliveries so drivers keep their hands on the wheel and eyes on the road .
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allow customers to contact their driver , dispatcher or call center with a single tap .
get a first - hand account of each customer ' s experience immediately after their delivery .
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visually organize your map with customizable overlays and location markers . with clearly defined service zones , dispatching across cities has never been easier . learn more
associate two or more tasks within an enforced dependency structure with task linking . this is invaluable if your operations require more than one stop to fulfill an order , or if you need to define one task as a prerequisite of another . learn more
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, the company that provides infrastructure for on - demand delivery , recently powered its one millionth delivery . more than half of those deliveries occurred within the last four months ,
nationwide , there are about 7 , 500 courier and parcel delivery companies . nationwide , fedex is one of the top courier delivery services , with about 49 % of the express shipping market in the u . s . , according to investment research and analytics firm market realist . meanwhile , the local courier business is very fragmented space , and many of the services in that space are operating with low - tech tools to operate their businesses and organize deliveries , naim said . that’s why we’re seeing companies like postmates , uber , amazon , google , shyp and others getting into the on - demand , local delivery space .
“a lot of people do compare us to postmates and uber , but it’s really about how can companies can leverage a technology product if [ they ] have [ their ] own drivers and if [ they ] want to outsource deliveries during spikes of demand , ” naim said . “we can facilitate that . ”
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11 delivery robots that will soon carry food and packages to your door . . .
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the pacific securities co. , ltd. is a kunming-based investment bank and brokerage firm .

the company is listed on the shanghai stock exchange .

as on 28 november 2016 , the pacific securities is a constituent of csi 300 index ( and mid-cap sub-index csi 200 index ) and sse 180 index .

the company also owned 39 % stake in lao-china securities , a company based in vientiane , capital and largest city of laos .

pacific securities

601099 stock price - pacific securities co . ltd . stock quote ( china : shanghai ) - marketwatch
the pacific securities co . , ltd is a china - based company , principally engaged in securities business . the company operates its businesses through securities broking , including agency trading of stocks , funds , warrants and bon
brief - pacific securities ' 2017 net profit down 82 . 6 percent y / y at 116 . 3 million yuan
data as of jul 09 2018 . currency figures normalised to pacific securities co ltd ' s reporting currency : chinese yuan renminbi cny
the pacific securities co . , ltd is a china - based company , principally engaged in securities business . the company operates its businesses through securities broking , including agency trading of stocks , funds , warrants and bonds ; investment banking , including securities underwriting , co - lead underwriting and sub - underwriting of securities , such as new stock issuance , secondary public offering , rati
the pacific securities co . , ltd is a china - based company , principally engaged in securities business . the company operates its businesses through securities broking , including agency trading of stocks , funds , warrants and bonds ; investment banking , including securities underwriting , co - lead underwriting and sub - underwriting of . . . ( more )
engages in securities trading activities the pacific securities co . , ltd . invests in securities . its engages in the securities brokerage , bank investment , stock investment , share transfer , asset management , direct investment , fixed income , research consultation , and international business . the company was founded on january 6 , 2004 and is headquartered in kunming , china .
the pacific securities co . , ltd . invests in securities . its engages in the securities brokerage , bank investment , stock investment , share transfer , asset management , direct investment , fixed income , research consultation , and international business . the company was founded on january 6 , 2004 and is headquartered in kunming , china .
on monday , pacific securities co ltd ( 601099 : shh ) closed at 2 . 31 , 4 . 52 % above its 52 - week low of 2 . 21 , set on jul 06 , 2018 .
pacific securities co . , ltd . is a pubically traded company china securities regulatory commission . the company is registered with the department of economic development of hong kong ( cr . : mf0002409 ) and has its principal place of business at 50 / f , bank of china tower , 1 garden road , central , hong kong .
pacific securities co . , ltd . 31 / f , tongde plaza office building no . 926 beijing road kunming , yunnan 650224 phone : + 86 . 871 . 6889 . 8121 fax : + 86 . 871 . 6889 . 8100 web : urltoken
ds ; investment banking , including securities underwriting , co - lead underwriting and sub - underwriting of securities , such as new stock issuance , secondary public offering , rationed shares , convertible bonds , funds and bond issuance , among others , as well as securities investment business and asset management business . the company mainly conducts its businesses within domestic markets .
edgar® online , a division of donnelley financial solutions . edgar® is a federally registered trademark of the u . s . securities and exchange commission . edgar online is not affiliated with or approved by the u . s . securities and exchange commission .
on april 22 , 2015 , wind and pacific securities officially launched their jointly developed financial intermediary tool“three board platform” . the cooperation of wind and pacific securities demonstrates the two financial service provider’s dedication to innovative internet business model exploration . the purpose is to give full play to the financial big data and massive information services of wind , so as to solve the problem of poor communication between investors and companies and information asymmetry , to promote activity of share transfer market and support healthy development of the new three board companies . wind also reminds investors of investment risks .
mr . xiao was involved as a behind - the - scenes investor again in 2007 , when a small brokerage firm called pacific securities completed a so - called backdoor listing on the shanghai stock exchange , even though the company had not , as required by regulators , reported profits for three consecutive years .
year on year pacific securities co ltd ' s revenues fell - 26 . 98 % from 1 . 92bn to 1 . 40bn . this along with an increase in selling , general and administrative costs has contributed to a reduction in net income from 667 . 72m to 116 . 28m , a - 82 . 59 % decrease .
oned shares , convertible bonds , funds and bond issuance , among others , as well as securities investment business and asset management business . the company mainly conducts its businesses within domestic markets .
pacific securities is a private , leading global alternative asset manager with approximately $ 87 billion of assets under management (
aum
) and approximately 800 employees . we seek to deliver attractive performance to our investor base across our investment groups and strategies , including tradable credit ( long - only and alternative credit ) , direct lending , private equity and real estate ( debt and equity ) . the firm is headquartered in hong kong . pacific securities believes each of its investment groups is a market leader based on assets under management and investment performance . our four distinct but complementary investment groups have the ability to invest in all levels of a company’s capital structure—from senior debt to common equity . the firm was built upon the fundamental principle that each group benefits from being part of the broader platform . we believe the synergies from this multi - asset strategy provide our professionals with insights into industry trends , access to significant deal flow and the ability to assess relative value . since our inception in 1990 , we have adhered to a disciplined investment philosophy that focuses on delivering strong risk - adjusted investment returns through market cycles . we strive to maintain a consistent credit - based approach in targeting well - structured investments in high quality businesses and real estate assets .
while shell companies are widely used in china as investment vehicles , securities experts say they can also be employed to hide the ownership stakes of public officials , providing cover for favors distributed by businessmen . their frequent use by mr . xiao has fanned speculation that he gets privileged access to deals involving state assets and that he shares the benefits with the families of the ruling elite .
institutional and fund - level filings are not mutually exclusive so total % owned may exceed 100 % . all data supplied by morningstar real - time data . u . s . intraday real - time exchange quotes are sourced from bats when available . end - of - day quotes for nasdaq , nyse , and amex securities will appear 15 minutes after close . graph times are eastern standard . © copyright morningstar , inc .
although markit has made every effort to ensure this data is correct , nevertheless no guarantee is given to the accuracy or completeness . any opinions or estimates expressed herein are those of markit on the date of preparation and are subject to change without notice ; however no such opinions or estimates constitute legal , investment or other advice . you must therefore seek independent legal , investment or other appropriate advice from a suitably qualified and / or authorised and regulated advisor prior to making any legal , investment or other decision . this is intended for information purposes only and is not intended as an offer or recommendation to buy , sell or otherwise deal in securities .
beijing — a few days after the crackdown on the tiananmen square protests 25 years ago , the chinese government filled the airwaves with a list of the 21 most wanted student leaders accused of stirring up an antigovernment rebellion . at the top of the list was a 20 - year - old student at peking university named wang dan , who set up an unofficial student union to mobilize his classmates to demand democracy .
there was no public mention then — and there have been very few mentions since — of the head of the official student union of peking university at that time . his name is xiao jianhua . mr . xiao never opposed the government , and the events of june 1989 did not make him one of china’s “most wanted . ” instead , they catapulted him into the ranks of its most wealthy .
after a tepid attempt to represent fellow students to university administrators that volatile spring , mr . xiao shifted course , agreeing with administrators that street protests had become out of hand . people who knew him at the time said he even worked with them to try to defuse the protests before chinese troops descended on beijing and crushed them with force .
the rewards were immediate . just after he graduated , mr . xiao stepped into the world of business with direct financial support from peking university , one of china’s most prestigious institutes . in the quarter - century since , he became the prototype of the politically connected financier . he has assiduously courted the party elite , including the family of its current president , xi jinping , becoming something of a banker for the ruling class and a billionaire in his own right .
now 42 years old , mr . xiao controls a sprawling business empire with interests largely in state - dominated industries , including banking , insurance , coal , cement , property and even rare - earth minerals , and largely managed by his holding company , the tomorrow group .
through a series of other investment vehicles , he owns a piece of ping an , one of china’s largest insurers , as well as portions of harbin bank , huaxia bank and industrial bank . and he has acquired stakes in at least 30 other chinese financial institutions .
corporate records reviewed by the new york times show that a company he co - founded also paid $ 2 . 4 million last year to buy shares in an investment firm held by the sister and brother - in - law of mr . xi . in 2009 , another company he helped control financed a deal that aided a company run by the son - in - law of jia qinglin , then a member of china’s powerful politburo standing committee .
nothing about those deals has been publicly disclosed , and much about mr . xiao himself remains mysterious . he declined to be interviewed for this article and , while often talked about in financial circles , he has kept a low profile inside china . but he is also one of the most active players in the frenzied deal - making of the last 10 years , and his personal fortune has been estimated at $ 2 billion by the hurun report , a magazine that prints a list of the richest people in china .
it is a career made possible , in good part , by the 1989 unrest — or , more precisely , by china’s reaction against it . rather than experiment with greater political openness , as many chinese intellectuals had hoped in the 1980s , the paramount leader of the time , deng xiaoping , pushed faster economic development while tightening the control of the communist party .
the formula ultimately produced one of the most astounding economic expansions in history . but it also made those with good political connections the indispensable middlemen of high finance and convinced many ordinary chinese that the game was rigged .
corruption , or the appearance of it , was one of the main concerns of students protesting in tiananmen square in 1989 . but the scale of collusion between business and political elites has increased markedly since that time , with even the party now acknowledging that insider deal - making has become a threat to the legitimacy of the communist party .
“there’s now this self - destructive tendency within the party , ” minxin pei , an expert on china who teaches at claremont mckenna college in claremont , calif . , said in an interview . “many officials regard china’s growing wealth as fair game . and as a result , corruption has morphed into large - scale looting . ”
mr . xi is now overseeing one of the boldest anticorruption drives in decades . during the last two years , scores of businessmen and high - ranking officials have been detained or stripped of their powers , including a former politburo member , zhou yongkang , whose relatives are suspected of illegally profiting from his oversight of the state oil sector .
the crackdown is putting pressure on businessmen like mr . xiao , who know that if they fall out of favor with the top echelon of the party , their business empires could come crashing down .
but his associates insist that his investments are “market - oriented” and that he has engaged in no wrongdoing .
there are signs , though , that he is not taking any chances with the changing political winds in china . some years ago , after chinese news reports suggested that some of his companies were involved in privatizing state assets at below - market prices , mr . xiao set up a residence in canada , where he had obtained citizenship . he now spends much of his time working in hong kong , which is governed independently .
and when mr . xi’s sister and brother - in - law sold their stake last year in a joint venture with a major chinese bank , the buyer was a chinese company co - founded by mr . xiao . the deal was completed after a june 2012 bloomberg news article about the family fortune of mr . xi’s relatives .
xiao jianhua spends much of his time these days at the four seasons hotel in hong kong , surrounded by aides who arrange his meetings with bankers and asian tycoons and female bodyguards who even wipe the sweat from his brow . he owns a private jet and has bought multimillion - dollar properties in the united states and canada . and yet such trappings belie his humble beginnings .
he grew up in feicheng , a poor farming village in a mountainous region of the eastern chinese province of shandong , one of six children born to a middle school teacher and his wife . at a young age , he was , by most accounts , a voracious reader of history and literature .
“every morning , he’d get up at 5 a . m . and jog into the hills to study , ” recalled guo qingtao , a childhood friend from the village and later a peking university classmate . “he could recite every text from memory . he even read the teacher’s manuals . ”
at 14 , mr . xiao passed the highly competitive national college entrance exam and won admission to peking university . he arrived in beijing , friends say , with tattered clothes but ambitions to be a political leader .
“he loved politics , ” said zhou chunsheng , his college math tutor and now a professor at the cheung kong graduate school of business in beijing . “he wanted to be a high official , and he was reading everything — social sciences books , marxism , the collected works of mao . ”
mr . xiao’s path to power was interrupted , though , by the most momentous student protests since 1919 . at peking university , the students were not just swept up in the protests , they were among the leaders of it — the ones who led a march into tiananmen square , the city’s axis of political power , to press for political reforms .
at the time , mr . xiao was president of the university’s official student union . the duties were largely social , organizing lectures and dances , but the post was coveted because of its ties to the communist youth league , a launching pad for future careers in the party .
but in the spring of 1989 , students at the university began to march on tiananmen square with a list of demands both for university leaders and for the communist party at large . mr . xiao , as the titular representative of his fellow students , was caught in the middle .
“xiao tried to tell the government what the students demanded , but some of the activists didn’t like his conservative approach , so they set up their own organization , ” says mr . guo , his former classmate . “at the time , he was only 17 years old and was put under a lot of pressure . feeling powerless , he went to the library and buried himself in books . ”
the responsibility of pressing the student cause fell to a history major named wang dan , who helped set up an alternative student association at the university and organized boycotts , sit - ins and hunger strikes . mr . xiao took a new direction .
exactly what turned mr . xiao toward a career in business is unclear . but his good standing at peking university , especially at a time when administrators were actively persecuting students involved in the unrest , was a clear benefit from the start .
his first venture , in the early 1990s , was as a computer reseller , marketing dell , ibm and other personal computer brands near the peking university campus . he also set up a series of technology companies that were partly funded by the university , which is run by the state , and sought to encourage business ventures by its graduates .
none of the ventures grew particularly large , though there were partnerships with american companies like microsoft . but last year , in a rare interview with the chinese news media , mr . xiao said that these computer undertakings were how he made his first pot of gold , $ 150 million .
in the late 1990s , he moved to something even more lucrative : the stock market . using the tomorrow group and other investment firms , he speculated in stocks and began to acquire large stakes in public companies .
former colleagues say he succeeded , in part , by cultivating his relationships with government officials and then using those connections to set up or move companies to more fertile ground , such as his native shandong province and the area near baotou , inner mongolia , where his wife was raised .
“at that time , the capital markets were just starting , ” said mr . zhou , his former tutor and onetime business partner . “he had political connections and knew a lot , and went to local governments and told them he could help them set up listed companies . ”
over the next decade , he helped set up dozens of investment firms , and often his partners were government agencies , such as the baotou state - owned assets and supervision commission .
some of his most successful deals involved buying stakes in midsize financial institutions in smaller chinese cities , often through a complex web of shell or dummy corporations . when citigroup and other investors agreed to buy a big stake in the guangdong development bank , for instance , one of mr . xiao’s investment vehicles — puhua investment — took an 8 percent interest , and then just weeks later transferred it to another state financial institution . few analysts or journalists knew he was involved .
he has had some brushes with controversy . in 2006 , a huge state - run power company called luneng was taken over by a group of obscure investment firms . after the chinese business magazine caijing published an article about the privatization effort , the authorities ordered officials in shandong province to repurchase the shares . records reviewed by the times show that several firms involved in the privatization were affiliated with mr . xiao .
through a spokeswoman , mr . xiao said the deals were “legal and valid . ” he also defended his use of investment vehicles , saying his name is often omitted because he is the “chief strategist , ” and not working on the technical details of the deals .
after the luneng debacle , he began traveling more frequently to the united states and canada , for extended periods , according to his associates .
“he got disappointed in what was happening in china , ” his spokeswoman , yu lan , said . “the environment wasn’t good . so he went overseas . ”
mr . xiao has acknowledged , through his associates , that he is acquainted with many of the children of china’s ruling elite and that he has invested with them . usually , he says , it is by coincidence . they just happen to be in the same deal .
but a review of corporate registration records has found that on at least three occasions during the last five years , companies affiliated with mr . xiao have struck deals that appear to have benefited the relatives of china’s highest - ranking leaders .
in january 2009 , for instance , baotou tomorrow technology , a public company that mr . xiao has held a big stake in , announced that it would pay about $ 50 million to acquire a property company in southwest china’s historic city of lijiang from zhaode property in beijing . the head of zhaode , li botan , is the son - in - law of jia qinglin , who until 2012 was the fourth - ranking member of the communist party , with a seat on the all - powerful politburo standing committee .
more recently , a company mr . xiao co - founded struck a deal with the relatives of the chinese president , mr . xi . in january 2013 , a beijing - based company called qinchuan dadi investment company sold its 50 percent stake in an investment firm to a company founded by mr . xiao for at least $ 2 . 4 million , the same value the xi relatives bought it for , according to a person familiar with the deal .
at the time , qinchuan was owned , through several other firms , by the chinese president’s sister , qi qiaoqiao , and her husband , deng jiagui , according to corporate records . the deal was announced six months after bloomberg news reported that mr . xi’s relatives held assets worth more than $ 300 million .
and in 2012 , when digital domain , the hollywood visual effects studio co - founded by the film director james cameron , was sold for $ 30 million to a chinese film company , the financing came from mr . xiao and a hong kong company controlled by che feng , the son - in - law of china’s former central bank chief , dai xianglong , according to people involved in the deal .
through his spokeswoman , mr . xiao acknowledged that companies he had invested in or partly controlled were involved in the deals but said that he was not the decision - maker and only became aware of the deals after they were completed .
while those three deals have never been publicly disclosed , mr . xiao did gain some notoriety in china . the magazine caixin , for instance , reported in late 2012 that mr . xiao was working behind the scenes with a thai conglomerate , the charoen pokphand group , to acquire a $ 9 billion stake in the chinese insurer ping an with financing from several state banks in the north , in possible violation of rules that bar the use of bank loans in acquiring a stake in a chinese insurance firm .
a spokeswoman said mr . xiao eventually decided not to participate in the ping an deal and expressed frustration that he was portrayed in the news media as a secretive , predatory deal - maker . ( through an affiliate , mr . xiao had earlier acquired a stake in ping an . )
now , mr . xiao , eager to improve his image , has quietly made public his intention to give much of his wealth away .
he has donated more than $ 50 million to china’s two leading universities , peking university and tsinghua university . and recently , he pledged to donate $ 10 million to harvard . that is where wang dan , who was exiled to the united states after serving a prison term in china , earned his ph . d .
an earlier version of a home page headline with this article misspelled the name of the square where the chinese government cracked down on protests 25 years ago . it is tiananmen , not tianamen .
data delayed at least 15 minutes , as of jul 09 2018 07 : 59 bst .
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* says it will pay cash dividend of 0 . 01 yuan ( before tax ) / share for 2017 to shareholders of record on may 4
* says march net profit at 115 . 2 million yuan ( $ 18 . 26 million ) source text in chinese : urltoken further company coverage : ( $ 1 = 6 . 3092 chinese yuan renminbi ) ( reporting by hong kong newsroom )
* says 2017 net profit down 82 . 6 percent y / y at 116 . 3 million yuan ( $ 18 . 39 million ) source text in chinese : urltoken further company coverage : ( $ 1 = 6 . 3253 chinese yuan renminbi ) ( reporting by hong kong newsroom )
* says it expects 2017 net profit to fall 82 - 85 percent y / y from 667 . 7 million yuan ( $ 105 . 35 million ) year ago source text in chinese : urltoken further company coverage : ( $ 1 = 6 . 3380 chinese yuan renminbi ) ( reporting by hong kong newsroom )
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overturning roe v . wade could hurt job growth in many u . s . states
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citi has been established in indonesia since 1968 . citi proudly serves the country by providing daily banking services , as well as corporate and investment products to our valued customers .
by asset size , citi is one of the largest foreign banks in indonesia . citibank operates 10 branches in six major cities in indonesia , including jakarta , bandung , surabaya , semarang , medan and denpasar .
citibank also has one of the largest consumer transaction networks with around 33 , 000 payment points and one of the largest corporate distribution networks with approximately 6 , 000 locations in 34 provinces . citibank is connected to atm bersama networks with more than 70 , 000 atm terminals throughout indonesia .
citibank also works actively to make an important contribution in citizenship to reach communities in need . under the umbrella of citi peka ( care and create something impactful ) , citibank’s mission is to enable growth and economic progress for the beneficiaries . established in 1998 , citi peka has focused its corporate social responsibility ( csr ) activities on the pillars of financial inclusion , youth economic opportunity and sustainable cities . guided by the principle of “more than philanthropy” citibank has signature programs in various parts of the world , namely the citi microentrepreneurship awards and pathways to progress . funded by the citi foundation , which is based in new york , citi peka has partnered with around 56 organizations to implement 35 sustainable programs that have reached more than 1 million people , involving more than 50 percent of citi employees as volunteers in various social activities . each year citi holds global community day , when all employees are invited to do social activity in every country where citi operates , including indonesia .
citi indonesia’s institutional clients group ( icg ) has four offices located in jakarta , bandung , surabaya , and medan . icg’s core local business includes cash / trade finance , fx / rates / derivatives , loans , and custody . we provide comprehensive financial solutions to a wide range of customers that include local corporates , the government / state owned enterprises , multinational corporates and small / medium enterprises . icg has one of the largest corporate distribution networks in the country , with around 6 , 000 locations in 34 provinces through its partnership with the state mail agency pt pos indonesia and five local banks .
citi’s global consumer banking ( gcb ) operates 10 branch offices and 54 atms in indonesia . citibank is integrated with the atm bersama networks with over 70 , 000 atm terminals spread across indonesia . our core local business in gcb includes credit cards , consumer lending , savings & deposits , and wealth management that covers investment , insurance and treasury products . gcb is a pioneer in the indonesia credit card industry , as well as wealth management banking . gcb is also at the forefront in its offering of digital banking in indonesia , and aims continuously provide innovative and value added products and services to our customers . we also provide our customers with industry - leading banking technology , wealth advisory as well as powerful citi global network and connectivity .
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on the frontline of china ' s spending revolution - small loans , bi . .
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this article first appeared in the edge financial daily , on nov 20 , 2012 .
601099 : shh price reached a new 52 - week low of 2 . 22 at 11 : 52 bst
601099 : shh price rises above 15 - day moving average to 2 . 30 at 15 : 09 bst
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