Ugandan MPs approve government proposal to borrow $30 m from China
The Parliament of Uganda has approved the government’s proposal to borrow $30 million from China to improve the communication sector.
General
Good governance helps in economic growth
Well-run governments get better results out of their budget resources, according to a study by the World Bank titled ‘Fiscal Policy and Economic Growth: Lessons for Eastern Europe and Central Asia’. The study draws on quantitative analysis and case studies to confirm that more productive public spending, lower fiscal deficits, and greater reliance on non-distorting taxes can spur economic growth.
Azerbaijan Govt. to invest $250 million in IT sector
The Azerbaijan Government is planning to invest $250 million to $300 million in telecommunications sector within two years.
Melaka and Venezuela cooperates on ICT development
Melaka and Venezuela have agreed to collaborate in several areas to develop ICT and biotechnology.
Red Hat receives top government security rating
Red Hat has received best security certification by the government funded National Information Assurance Partnership’s (NIAP) Common Criteria Evaluation and Validation Scheme for IT Security program, which evaluates the security of commercial technology products.
FBI, US announces botnet milestone
The U.S. Department of Justice and the FBI have identified more than million compromised IP addresses which are being used for cybercrime.
Indian Railways’ data engine to hook up tech titans
Indian Railways is planning to invite bids for a INR 400 million project to integrate financial and employee management. This would be the largest Enterprise Resource Planning (ERP) contract to be implemented in India.
Software piracy drops by one percent in India
The Business Software Alliance (BSA) recorded that India has recorded a one percent drop in software piracy last, which was lower than the rates achieved by China at four percent and Russia at three percent.
New Zealand Govt. allocates $9 million for IVS
The New Zealand Government is providing $9 million in capital funding for the Identity Verification Service (IVS) in the country.
Microsoft helps Malaysia for online system
Microsoft is helping Malaysia to build an online system, which is aimed to develop the country as global trading hub of halal goods and services.
