generating

IT to generate 5.8 million new jobs by 2013: IDC

Information technology will be an employment machine, generating 5.8 million new jobs in the coming four years, according to International Data Corporation research released Sunday. IDC predicts that the IT industry will be an engine powering economies out of economic doldrums, creating more that 75,000 new businesses in the next four years and adding jobs at a rate of 3 per cent annually.

Committee formed to raise funds for power

The government today formed a committee headed by Bangladesh Bank Deputy Governor Ziaul Hasan Siddiqui to raise funds for generating electricity. The committee would raise up to $10 billion and outline a plan how the money would be used.