Tuesday 28 April 2020 To advertise contact: Tel: 44557 857 or email: adv@pen.com.qa

07TUESDAY 28 APRIL 2020 CLASSIFIEDS

ARTECHSage Accounting, Peachtree, QuickBooks, Dynacom, DacEasy, Tally, POS, Bar Code, Fixed Assets Software’s.Tel: +974 44375654 E-mail: artech@ar-technology.net

ACCOUNTING SOFTWARES

GEM ADVERTISING & PUBLICATIONS(Overseas Newspaper Advertisements) Tel: 44442001 - GSM: 55783303

ADVERTISING OVERSEAS NEWSPAPER

ATTESTATION

CALIBRATION SERVICES

ASIA TRANSLATION & SERVICES CENTRELeading Legal Translators & Document Legalization Since 1987. Indian Certificate Attestation. Head Office: 44364555/50233133 - Al Hilal Branch: 44621334 - Salwa Road Branch: 66038181 Mobile Contacts: Sufiyan - 66192881/Yoonus - 77813190

ARMSTRONGWindow/Split/Package/Central Units. Sales, Services, Spare Parts/Window/Split & Central A/C. Annual Contracts. Mobile: 555 54 274 (Kumar)E-mail: service@armstrongmachinery.com www.armstrongmachinery.com

A/C MAINTENANCE & SERVICES

ALWASEEM TRANSLATION & SERVICES CENTERAuthorized Translators - Company Formation and PRO Services (Opp-Karwa Bus Stat. Doha, Al-Saeed Buil.2nd Floor.) M : 50822292 / 31586616 T : 44116727 E-mail : info.alwaseemtranslation@gmail.com Web : www.alwaseemtranslation.com

BUSINESS SET-UP

HELPLINE GROUPCertificate attestation from INDIA| UK | USA | CANADA | PHILIPPINE and Gulf Countries20 Years of experience and ISO Registered CompanyHELPLINE GROUP, C Ring Road Tel:(+974)-44271100Mob: 31550149 Email: info@Qatarhelplinegroup.com

HELPLINE GROUPCompany Registration, Local Sponsorship, Trademark, Feasibility Study, Tax systems and PRO Services. Our branches QATAR| KUWAIT | UAE | INDIA | UK | CANADA. (formed more than 3000 companies)HELPLINE GROUP, C Ring Road Tel: (+974)-44271100MOB: 77711129 Email: cf@qatarhelplinegroup.com

AL HAYIKI TRANSLATION & SERVICES EST.Authorized Translation & Certificate Attestation since 1992Sofitel Complex (Mercure Hotel) Ground Floor, Office No. 25Mob: 33411150 & 33411153, Tel: 44367755 & 44181990E-mail: hayiki4u@gmail.com Web: www.alhayikitranslation.com

QUEENS LAND SERVICESBusiness Set-up and Sponsorship. Debt Collection. Real Estate Services Mob: 77776917 E-mail: info@qlsqatar.com

INVEST IN QATAR

IMMIGRATION SERVICES

HELPLINE GROUPComplete Manpower SolutionsBusiness Structure and Business PlanningTel: (+974)-44271100 Mob: 77711129 Web: helplinehrconsulting.com

HR CONSULTATION

AL SALEH GROUP(HR)Tel: 44423838Send CV to Email: alsalehmanpower444@gmail.com

ARMSTRONGRepairs/Spare Parts & Rentals. Power from 5KVA to 2000KVA Sales/Services/ Spare Parts & Rentals. Annual Contracts.Mobile: 555 54 274 (Kumar) E-mail: secretary@armstrongmachinery.com www.armstrongmachinery.com

GENERATORS SERVICING

CLEANING AND MAINTENANCE

AL MUTWASSIT CLEANING & PEST CONTROLComplete General Cleaning For Residential & Commercial. Supply of Cleaning Staff on Contract Basis. Pest Control Services. Office: 44367555 Mob: 30029977/55875920 E-mail: info@amcqatar.co

AL SALEH CLEANING & HOSPITALITYComplete General Cleaning Services for Old & New Villas.Tel: 44423838 GSM: 55508393 - 55526943 - 50190005

CAPITAL CLEANING COMPANY W.L.L.Complete General Cleaning Services for Old and New VillasTel: 44582257 Mobile: 33189899/ 55565328E-mail: capitalcleaningwll@gmail.com

WOKEER INDUSTRIAL AREAFrom 150 - 200 LaborsMobile: 660 02 704 (Steve)E-mail: portacabins@iescoqatar.com

LABOUR CAMP FOR RENT

ARMSTRONG1000-4000 Gallon Tankers - Daily/Monthly/Yearly Contracts. Mobile: 660 41 449 (Neil)E-mail: portacabins6@iescoqatar.comwww.iescoqatar.com.

SEWAGE & WASTE REMOVAL

SCAFFOLDING

APOLLO ENTERPRISES SCAFFOLDING DIVISIONContract/Hire/Sale - Salwa Road. Tel: 44693334 Fax: 44416274 GSM: 55521089/55560246/55536285 www.apollo-qatar.net - E-mail: apolloscaff@qatar.net.qa

REAL ESTATE

AL MUFTAH SERVICESTel: 44634444/44010700 Mob: 55542067/55823100 E Mail: reservations@rentacardoha.com Website: www.rentacardoha.com

TRANSLATION

HELPLINE GROUPAuthorized Translation Centre.We speak more than 100 Languages. C Ring Road, Near by Toyota Signal Tel: (974)-44271100 Mob: 70114857 Email: info@helplinetranslation.com

PARTY KINGDOMNear Jaidah Flyover, Nasrallah Centre. Tel: 44353501/ 44366431

E-mail: partykingdom10doha@yahoo.com

PARTY ITEMS & BALLOON DECORATION

ARMSTRONGPorta Cabins/Pre-Fabricated Buildings/Toilets/Security Cabins. Fire Rated/Non Fire Rated. Mobile: 557 80 396 (Steve)E-mail: portacabins2@iescoqatar.com www.iescoqatar.com.

PORTA CABINS (Sales & Rentals)

ARMSTRONGFive Peals-USA Sales/Rental Service/Cleaning, Sewage Removal. Daily/Monthly/Yearly. Mobile: 557 80 396 (Steve)E-mail: portacabins2@iescoqatar.com www.iescoqatar.com.

PORTABLE & CHEMICAL TOILETS (Sales & Rentals)

MEDIA SERVICES

RENT A CAR

AL MUFTAH RENT A CARMain Office: D’ Ring Rd, T: 44634444/44010700 Branches: Airport: 44634433 Al Khor: 44113344 E Mail: reservations@rentacardoha.com Website: www.rentacardoha.com

OASIS RENT A CARYOU RENT MORE THAN A CAR WITH OASISAllen: 6641 7354 Tel: 4413 0011 - OasisCars.com Rental@OasisCars.Com - - Great deals on long term rentals

REGENCY FLEETS (A Regency Group Co.)Special Corporate leasing and Rental rates. Price includes Comprehensive Insurance, Maintenance, Replacement Vehicle etc. Driven by Values. E-mail: info@regencyfleets.com Tel: 44433822/44554046/44554048 Fax: 44554047 Airport Branch (24hrs): Tel.: 70482655

NATIONAL - ALAMO RENT A CARCars - 4WDs - Pickups - Buses - Chauffeur Drive Call: 5547 8150, 5040 0624 Web: www.national-qatar.comE-mail: info@national-qatar.com

BUDGET RENT A CARCompetitive Rates for Car Rental & Leasing, 24/7 Airport Rental Section,Free Road Side Assistance, Easy & Fast Booking ProcessHead Office: Barwa Village T: 44325500 M: 66971703 Toll Free: 800-4627Email: info@budgetqatar.com Website: www.budgetqatar.com

AL SALEH REAL ESTATETel: 44423838. Mob: 33721133 E-mail: abnaasalehgroup@gmail.com

HOME CARE

ARMSTRONGAblution & Event Toilets Rental, Porta Cabins, Chemical Toilets & Other Equipment Rental.Mobile : 557 80 396 (Steve) E-mail: portacabins2@iescoqatar.comwww.iescoqatar.com

EVENT RENTALS/ ABLUTIONTOILETS

MASSAGE

KOTTAKKAL AYURVEDIC MASSAGE CENTREAyurvedic Massage, Philippine & Thai Massage. Near Badriya Signal, Bin Mehmood. Tel.: 44360061 GSM: 33453697

MEDIHERB MASSAGEKerala Ayurvedic, Thai, Philippine Massage (Gents & Ladies) for back pain, body pain, arthritis etc shirodhara, steam, Moroccan Bathe, Body Scrub etc. E-Ring Road,

Near ICC Signal, Nuaija. Tel: 66167700 - 50736611

AUTHENTIC THAI MASSAGE CENTERSFB: Royal Thai Men Spa, New Slata (Men Only)www.thaimassagedoha.com, Tel: 44666145FB: Royal Thai Lady Spa, Al Waab (Ladies Only)www.royalthailadyspa.com, Tel: 44142400

WATER TANK CLEANING

AL MUTWASSIT CLEANING & PEST CONTROLKharaba st, Behind white Mosque. Fax: 443679 99 - GSM. 55875920/55860432

CAPITAL CLEANING COMPANYCleaning Water Tanks & Pest Control. GSM: 55565328/ 33189899 Tel: 44582257 E-mail: capitalcleaningwll@gmail.com

WOKEER INDUSTRIAL AREAAvailable Sizes: 358/415/510/830/1340 Sqm.Mobile: 660 02 704 (Steve)E-mail: portacabins@iescoqatar.com

WAREHOUSE FOR RENT

ARMSTRONGNew & Used Containers - Sales/Rental (Certified & Uncertified) Mobile: 557 80 396 (Steve)E-mail: portacabins2@iescoqatar.com www.iescoqatar.com.

USED CONTAINERS (Sales & Rentals)

08 TUESDAY 28 APRIL 2020CLASSIFIEDS

05TUESDAY 28 APRIL 2020 BUSINESS

Bank of Japan expands monetary stimulus in bid to beat crisisREUTERS — TOKYO

The Bank of Japan expanded monetary stimulus yesterday and pledged to buy an unlimited amount of bonds to keep borrowing costs low, as the government tries to spend its way out of the growing economic pain from the coro-navirus pandemic.

The step, which follows monetary easing only a month ago, puts the BoJ in line with other major central banks that have unleashed unprecedented amounts of monetary support as the health crisis stokes fears of a deep global recession.

BoJ Governor Haruhiko Kuroda (pictured) said the

central bank was ready to act further to fight the impact of the novel coronavirus, which he said could do more harm to the global economy than the 2008 collapse of Lehman Brothers.

“The current crisis could have a bigger negative impact than the Lehman shock. The government and the central bank obviously need to work together, particularly at a time like this,” Kuroda told a news conference.

The BoJ also sharply cut its economic forecast and pro-jected inflation would fall well short of its 2 percent target for three more years, suggesting its near-term focus will be to battle the crisis. To ease corporate

funding strains, the BoJ said, it will boost three-fold the maximum amount of corporate bonds and commercial paper it buys to 20 trillion yen ($186bn).

The central bank also clar-ified its commitment to buy

unlimited amounts of gov-ernment bonds by scrapping a loose guidance to buy them at an annual pace of 80 trillion yen.

“The BoJ will purchase the necessary amount of gov-ernment bonds without setting an upper limit” to keep long-term interest rates around its 0 percent target, it said in a statement.

Kuroda rebuffed the view held by some analysts and pol-iticians the BoJ’s bond buying was directly aimed at financing huge government spending.

He said the purpose was to keep yields stable and low, which could also boost the effect of fiscal spending.

“We aren’t monetising

government debt,” he said. “But we also hope it will heighten the effect of a policy mix between fiscal and monetary measures.” At the meeting yesterday, cut short by a day as a precaution against the spread of the pan-demic, the BoJ kept its interest rate targets unchanged, as had been widely expected.

The central bank, however, offered to pay a 0.1 percent interest rate to financial institu-tions that tap its new loan pro-gramme to combat the pan-demic to try to encourage com-mercial banks to boost lending to cash-strapped firms.

“The amount of assets the BoJ pledged to buy and the degree to which it loosened rules

on its purchases were bigger than expected,” Mari Iwashita, chief market economist at Daiwa Securities said. “It just shows how concerned the central bank is.” Under a policy dubbed yield curve control, the BoJ targets short-term interest rates at -0.1 percent and 10-year bond yields around 0 percent. It also buys government bonds and risky assets to pump money aggres-sively into the economy.

Corporate funding costs have crept up in Japan despite the BoJ’s decision last month to boost buying of risky assets, including corporate bonds and commercial debt, and create a loan pro-gramme to assist funding of business hit by the pandemic.

Pandemic watchdog activates site to track trillions in spendingBLOOMBERG

An oversight committee created to root out fraud and abuse within the trillions of federal dollars being spent to combat coronavirus launched its website and announced its executive director yesterday, the first public action by a panel already ensnared in contro-versy.

The independent com-mittee was created to oversee spending under the $2.2 trillion CARES Act that Congress approved and President Donald Trump signed into law a month ago. The group, whose mandate has expanded to include almost $500bn approved on Friday, is com-prised of independent inspectors general from more than a dozen federal agencies.

Investigations are already underway looking into airlines receiving federal support, the validity of tax credits claimed by businesses, the accuracy of the economic stimulus pay-ments and the Health and Human Services Department’s adherence to safety protocols during the outbreak, according to the website.

Robert A. Westbrooks was named the panel’s executive director. He “most recently

served as the Inspector General for the Pension Benefit Guaranty Corporation where he helped protect the retirement benefits of 35 million American workers and retirees,” according to the statement.

The effort to help small businesses retain their workers, known as the Paycheck Pro-tection Program, has come under fire after big restaurant chains like Potbelly Corp. and Ruth’s Chris Steak House got loans, while many mom-and-pop firms were left stranded. Both businesses have since said they won’t accept the stimulus funding.

Even before it was fully operating, Trump had chal-lenged and undercut the power of the group, officially known as the Pandemic Response Accountability Committee, indi-cating contentious times ahead to hold agencies accountable for spending and managing a bailout program for small businesses.

On April 7, Trump removed an experienced inspector general who was appointed to chair the committee. The career official, Glenn Fine, had been serving as the acting inspector general of the Defense Department. But Trump

designated a new acting IG at the Pentagon, thereby demoting Fine and making him ineligible to chair the committee.

Westbrooks, the new exec-utive director, was appointed to the watchdog role at the pension agency during President Barack Obama’s administration, cre-ating another potential target for Trump, who has criticized inspectors general named under his predecessor as prejudiced against him.

Trump also has sought to undercut several oversight powers provided by Congress in the CARES Act. In a signing statement accompanying the act, Trump said he doesn’t recognize a mandatory requirement that congressional leaders help select the leadership of the Pandemic Response Accountability Committee.

Trump also said a newly established inspector general within the Treasury Department to manage investigations of pan-demic-related loans doesn’t have the power to issue reports to Congress without presidential supervision.

Trump has repeatedly clashed with independent federal watchdogs, challenging their findings and implying they might have a political agenda.