Employment News Paper 22 July 2013

Employment News Paper 22 July 2013

Bharti Airtel plans cable link to boost net speed in Bangladesh

Bharti Airtel will shortly launch an international fibre-optic cable link to boost internet speeds in Bangladesh even as it readies to pitch for 3G airwaves that will be auctioned by the neighbouring country in early-September

Airtel is the fourth-largest mobile carrier in Bangladesh behind market leader, Telenor-controlled Grameenphone, Egypt's Orascom and Malaysia's Axiata. Bharti Airtel executives declined to reveal the company's 3G gameplan in Bangladesh but said "the new fibre-optic cable link would support the anticipated data thrust in the neighbouring country once third-generation mobile broadband services get rolled out".

Bangladesh Telecommunication Regulatory Commission (BRTC) will also allow telcos to bid for only 5 MHz or units of airwaves in the 2100 MHz band for offering high-end data services on the 3G platform.

Bangladesh relies entirely on a single undersea cable system, the SEA-ME-WE-4, for global connectivity.

Due to this internet speeds and international voice communications are often disrupted whenever the cable snaps or is down for maintenance, forcing the country to opt for more expensive satellite connectivity to keep its 30 million-plus internet users online.

World's first trip to Moon's South Pole planned for 2016

world's first mission to the South Pole of the Moon to install a permanent telescope on the lunar surface, to aid professional and amateur researchers

announced by the International Lunar Observatory Association and Moon Express, will be both scientific and commercial, and plans to deliver the International Lunar Observatory (ILO) aboard a Moon Express robotic lander.

The ILO, with its 2-meter dish antenna, will be the world's first instrument to conduct international astrophysical observations and communications from the lunar surface, providing scientific research, commercial broadcasting and enabling Galaxy 21st Century education and "citizen science" on the Moon.

It  demonstrate the value of the Moon for scientific study of the Galaxy, Moon, Earth, Sun and Stars

Moon Express will send a series of robotic missions to the Moon in support of science, commerce and exploration starting in 2015. Said --Moon Express CEO Dr Robert Richards

2nd largest investor in the city of London

India has emerged as the second largest investor in the city of London.

Software services firm Infosys leads the charge of inward foreign direct investment (FDI) made by a total of 28 Indian companies, which generated 429 additional jobs for the British economy in the last year alone, according to latest government figures released here today to mark a year since London hosted one of the world's biggest sporting events.

In the financial services sector, Axis Bank stood out for setting up its global operations in London as a direct result of discussions during the mayoral visit to India last November.

The latest figures were released as part of an overall estimate of the economic impact of the Olympic Games on London's economy. British government research indicated that the UK economy has seen a 9.9 billion-pound boost in trade and investment from hosting the Games.

Belgium King cedes throne to eldest son

Belgian King Albert II abdicated on Sunday in an emotional ceremony that cleared the way for his eldest son, Prince Philippe, to ascend to the throne.

The 79-year-old relinquished the throne in a concession to his age and health. It is the first time that Belgium sees a king abdicate willingly in the 182-year history of its monarchy.

Prince Philippe, 53, is the country’s seventh king. His ascension to the throne was set to be formalized at noon (1000 GMT) with an oath before parliament.

King Philippe, who is a qualified fighter pilot, wore the uniform of a lieutenant general, complete with a sabre. Later in the day, he was expected to change into the uniform of a general.

King Albert paid tribute to Prime Minister Elio Di Rupo and the country’s other politicians for all they have achieved. Mr. Di Rupo has been in power since 2011, after Albert helped end a political standoff that left the country without a government for 535 days.