Home mortgage rates ticked lower after Federal Reserve Chairman Ben Bernanke said the central bank will continue to keep interest rates low.The average 30-year fixed mortgage slipped to 5.55% from 5.58% the week prior, and the 15-year fixed fell to 4.89% from 4.93%, according to the weekly national survey from Bankrate.com.Recently rates have been "yo-yoing as corporate earnings announcements and economic data toy with investor sentiment," the report noted.
On Wednesday Bernanke gave his semi-annual congressional testimony on the state of the economy, saying the central bank will "likely keep interest rates low for an extended period of time," the Bankrate report noted.A separate Thursday report showed sales of existing homes disappointed again in June, rising just 3.6%.
Current mortgage rates remain much lower than last year's levels, when the average 30-year fixed was 6.77%, according to Bankrate.com.At the current rate of 5.55%, the monthly payment on a $200,000 mortgage would be $1,141.86, or about $158 less than the monthly payment at last year's rate.
Adjustable-rate mortgages is given as ARMs "continue to post mixed results," the report said, with the average 1-year ARM rising to 5.23% from 5.22%, and the 5-year ARM falling to 4.93% from 4.98%
source:cnn.com
Brought to you by-aminul,sust.
Friday, August 28, 2009
New home sales blast past expectations
Sales of newly constructed homes leaped unexpectedly in July to hit their highest level since last September.New homes sold at an annualized rate of 433,000 during the month, according to a joint report issued by the Census Bureau and Department of Housing and Urban Development.That far exceeded analysts' forecasts and was up 9.6% from the revised 395,000 rate recorded in June. A consensus of industry experts surveyed by Briefing.com had predicted July sales of 390,000.The news followed other positive housing market reports earlier this month, including a spike in existing home sales, home prices and affordability."There are many economic conditions that led to the surge," said Bob Walters, chief economist for Quicken Loans. "But certainly low mortgage rates, huge price reductions on the high inventory of new builds, and the first-time homebuyer tax credit have been instrumental in getting consumers to take the plunge into the real estate pool of opportunity."Plus, the psychology of the market is changing, according to Peter Morici, an economics professor at the University of Maryland. "The notion that prices will drift down forever is gone," he said. "Now people are thinking the window of opportunity will not be open forever.""Home shoppers visiting builders' model homes are more likely to purchase than earlier in the year," added Brad Hunter, chief economist for Metrostudy, a real estate research and consulting firm.They are also canceling fewer contracts. Of the 10 markets where Hunter examines cancellation rates, most are running at substantially lower levels. In Phoenix, for example, the cancellation rate lately has been about 4% compared with 7% late last year.It certainly is an attractive market. The median price of a new home declined again last month to $210,100, down only slightly from June but off more than 11% from July 2008.
source: cnn.com
source: cnn.com
Different currency types in the world
We all are probably familiar with the currency codes in SAP (e.g., United States dollars [USD], euro [EUR], Japanese yen [JPY]). These indicate the specific currencies used to record transaction values. Currency types control the specific currency codes in which financial transactions are recorded. In SAP, a single financial transaction is recorded using multiple currency types. A minimum of two currency types is used to record all financial transactions in General Ledger Accounting (FI-GL), document currency, and company currency. Different currency types may map to the same or different currency codes for a specific transaction based on the data input (e.g., company code, cost center, document header currency).When performing the basic configuration for all financial modules, the term “currency type” inevitably crops up. It’s a key choice you make early in finance configuration that can be difficult to change later on.
Configuring General Ledger Accounting (FI-GL) or Special Purpose Ledger (FI-SL) to store values in multiple currency types enables you to track a single transaction in multiple currencies, referred to as parallel valuation. This allows you to perform reporting quickly in different currencies. For more about parallel valuation with the new General Ledger (G/L), see “Streamline Your Parallel Accounting with the New G/L Ledger Solution,” by Aylin Korkmaz in this issue.Consider a UK company, with local currency (also known as company currency in SAP) of British pounds (GBP), that is a subsidiary of a French company with local currency euro (EUR). For local reporting, the UK company produces reports in GBP, while for group reporting the corporate head office needs consolidated reports in EUR. Storing transaction values in both GBP and EUR allows you to meet both reporting needs quickly. If transaction values were stored in GBP only, the GBP values would have to be converted to EUR whenever consolidated group reports were required, slowing down the process.
We can also use currency types to store transaction data at different valuations. For example, when you make an inter-company sale using a transfer price, you (the selling company) make a profit. However, this intercompany profit can not show on consolidated group reporting. Storing transactions with both legal and group valuation allows you to produce both local company accounts, with the intercompany profit, and consolidated group accounts, without intercompany profit, quickly.I will explain what a currency type is and how it affects financial reporting. I use values found in SAP R/3 Release 4.7, although the information and steps I give apply to all SAP R/3 releases from 3.0 to mySAP ERP Central Component 5.0. You will have the information you need to determine the currency type configuration suitable for your organization.
Configuring General Ledger Accounting (FI-GL) or Special Purpose Ledger (FI-SL) to store values in multiple currency types enables you to track a single transaction in multiple currencies, referred to as parallel valuation. This allows you to perform reporting quickly in different currencies. For more about parallel valuation with the new General Ledger (G/L), see “Streamline Your Parallel Accounting with the New G/L Ledger Solution,” by Aylin Korkmaz in this issue.Consider a UK company, with local currency (also known as company currency in SAP) of British pounds (GBP), that is a subsidiary of a French company with local currency euro (EUR). For local reporting, the UK company produces reports in GBP, while for group reporting the corporate head office needs consolidated reports in EUR. Storing transaction values in both GBP and EUR allows you to meet both reporting needs quickly. If transaction values were stored in GBP only, the GBP values would have to be converted to EUR whenever consolidated group reports were required, slowing down the process.
We can also use currency types to store transaction data at different valuations. For example, when you make an inter-company sale using a transfer price, you (the selling company) make a profit. However, this intercompany profit can not show on consolidated group reporting. Storing transactions with both legal and group valuation allows you to produce both local company accounts, with the intercompany profit, and consolidated group accounts, without intercompany profit, quickly.I will explain what a currency type is and how it affects financial reporting. I use values found in SAP R/3 Release 4.7, although the information and steps I give apply to all SAP R/3 releases from 3.0 to mySAP ERP Central Component 5.0. You will have the information you need to determine the currency type configuration suitable for your organization.
US bank stocks on a roll, but for how long?
It's been a banner year for long-beleaguered US bank stocks, but now investors have to worry if the shares will flag.
After two years on life support, bank stocks and broader industry indexes have enjoyed strong gains in 2009, including a 3 percent rise in the sector's major index and a several-fold spike in share prices for the biggest US banks since a March bottom.Many analysts say the industry is resurgent, like the banking boom in the 1990s that followed the commercial real estate crash, but others are skeptical."There will be some price gains and losses short-term, but this is very similar to the performance I remember in October 1990," said Jeff Davis, senior research analyst at FTN Equity Capital Markets.
"If you went back to October 1990, it looked like the world was going to end. It was a lousy two or three more quarters, but then the banks went on this two- to three-year run."
Investors, both individual and institutional, are becoming more comfortable investing in financial stocks as the industry stabilizes after a credit crisis that claimed two of the nation's largest banks and more than a hundred smaller ones, some analysts said.The KBW Bank Index is up 3 percent this year, closing Tuesday at 46.65. The index bottomed on March 6 at 18.62, down 84 percent from its July 2007 peak, but has been rebounding ever since.JPMorgan Chase & Co's (JPM.N: Quote, Profile, Research, Stock Buzz) stock price has nearly tripled from $14.96 on March 6, closing Tuesday at $43.58. Bank of America Corp (BAC.N: Quote, Profile, Research, Stock Buzz) stock has spiked 600 percent since a March 6 bottom of $3.14, closing Tuesday at $17.75.Michele Garren, an Atlanta-based Invesco Ltd (IVZ.N: Quote, Profile, Research, Stock Buzz) portfolio manager, said the asset management firm's $8.2 billion global equities portfolio is underweight banks. The firm is building positions in select banks with strong future growth prospects, but is cautious about the wider sector, she said."We feel like the system wasn't really cleared, that there wasn't the creative destruction needed for a strong rebound, but there are positive trends at work in the industry," said Garren, noting a favorable yield curve and some banks with strong capital bases for acquiring weaker rivals.Yet the short-term outlook remains uncertain, as investors contend with a weak economy and the prospect of rising credit losses.Some analysts say bank stocks have become too expensive, buoyed by hope rather than banks' current performance.Banks have not demonstrated an ability to produce earnings similar to pre-2007 levels and are still dogged by credit problems, Richard Bove, veteran banking analyst with Rochdale Securities LLC, said in a research note.
Investors, he said, are now buying weak bank stocks that used to be the high fliers of the industry, with the expectation that they'll return to their pre-crisis performance. Bove views that as unlikely."If there is any lesson to be learned from the movement of stock prices over the past decades, it is that expectations drive stock prices far more than fundamentals," he said in a research note. "Psychology trumps reality every time."
After two years on life support, bank stocks and broader industry indexes have enjoyed strong gains in 2009, including a 3 percent rise in the sector's major index and a several-fold spike in share prices for the biggest US banks since a March bottom.Many analysts say the industry is resurgent, like the banking boom in the 1990s that followed the commercial real estate crash, but others are skeptical."There will be some price gains and losses short-term, but this is very similar to the performance I remember in October 1990," said Jeff Davis, senior research analyst at FTN Equity Capital Markets.
"If you went back to October 1990, it looked like the world was going to end. It was a lousy two or three more quarters, but then the banks went on this two- to three-year run."
Investors, both individual and institutional, are becoming more comfortable investing in financial stocks as the industry stabilizes after a credit crisis that claimed two of the nation's largest banks and more than a hundred smaller ones, some analysts said.The KBW Bank Index is up 3 percent this year, closing Tuesday at 46.65. The index bottomed on March 6 at 18.62, down 84 percent from its July 2007 peak, but has been rebounding ever since.JPMorgan Chase & Co's (JPM.N: Quote, Profile, Research, Stock Buzz) stock price has nearly tripled from $14.96 on March 6, closing Tuesday at $43.58. Bank of America Corp (BAC.N: Quote, Profile, Research, Stock Buzz) stock has spiked 600 percent since a March 6 bottom of $3.14, closing Tuesday at $17.75.Michele Garren, an Atlanta-based Invesco Ltd (IVZ.N: Quote, Profile, Research, Stock Buzz) portfolio manager, said the asset management firm's $8.2 billion global equities portfolio is underweight banks. The firm is building positions in select banks with strong future growth prospects, but is cautious about the wider sector, she said."We feel like the system wasn't really cleared, that there wasn't the creative destruction needed for a strong rebound, but there are positive trends at work in the industry," said Garren, noting a favorable yield curve and some banks with strong capital bases for acquiring weaker rivals.Yet the short-term outlook remains uncertain, as investors contend with a weak economy and the prospect of rising credit losses.Some analysts say bank stocks have become too expensive, buoyed by hope rather than banks' current performance.Banks have not demonstrated an ability to produce earnings similar to pre-2007 levels and are still dogged by credit problems, Richard Bove, veteran banking analyst with Rochdale Securities LLC, said in a research note.
Investors, he said, are now buying weak bank stocks that used to be the high fliers of the industry, with the expectation that they'll return to their pre-crisis performance. Bove views that as unlikely."If there is any lesson to be learned from the movement of stock prices over the past decades, it is that expectations drive stock prices far more than fundamentals," he said in a research note. "Psychology trumps reality every time."
Toyota to cut capacity to match sales
Toyota Motor Corp will cut its global production capacity to match lower sales, a company source with direct knowledge of the matter said on Wednesday.The Nikkei business daily said Toyota planned to cut its global capacity by 10 percent, or 1 million vehicles, as early as the current financial year to March 2010, but the source said the extent and timing of the production cuts had not yet been set.Toyota, the No.1 carmaker, has begun restoring some production cut in the wake of the global financial crisis, as inventories shrink and government stimulus efforts kick in, but it has yet to announce whether it plans permanent cuts in factory capacity.Many car plants around the world are idle or running below capacity as the industry tries to work out how much sales will recover after the crisis passes and how U.S. firms General Motors Co and Chrysler Group LLC emerge from their deep woes.
Toyota has decided to halt a production line in Japan for about a year and a half from next spring and is considering halting a line at a UK plant, said the source, who declined to be named because the matter was not public.
Toyota has said it will decide this month whether to pull out of New United Motor Manufacturing Inc (NUMMI), a California joint venture with General Motors.Those three moves would cut capacity by 700,000 vehicles, based on Toyota factory data, from Toyota's annual output capacity of 10 million vehicles.The Nikkei said Toyota would cut capacity to 9 million cars in a bid to return to an operating profit in fiscal 2010, but the source said decisions had not been taken on such deep cuts.
Toyota forecast this month a slightly shallower annual loss, relying on deeper cost cuts and government-backed sales stimulus around the world, but there remain doubts about a sustainable recovery in demand.
Toyota has decided to halt a production line in Japan for about a year and a half from next spring and is considering halting a line at a UK plant, said the source, who declined to be named because the matter was not public.
Toyota has said it will decide this month whether to pull out of New United Motor Manufacturing Inc (NUMMI), a California joint venture with General Motors.Those three moves would cut capacity by 700,000 vehicles, based on Toyota factory data, from Toyota's annual output capacity of 10 million vehicles.The Nikkei said Toyota would cut capacity to 9 million cars in a bid to return to an operating profit in fiscal 2010, but the source said decisions had not been taken on such deep cuts.
Toyota forecast this month a slightly shallower annual loss, relying on deeper cost cuts and government-backed sales stimulus around the world, but there remain doubts about a sustainable recovery in demand.
Stocks end week on downturn
The market ended the week with a downturn on a selling spree by investors. Market observers said investors were piling up for subscribing to upcoming IPOs, especially the long-awaited Grameenphone issue.On Wednesday, GP published its prospectus where it announced that the IPO subscription would open on Oct 4 and end on Oct 8.Thursday's trading left more than 70 percent of the traded scrips down on the previous day's close.Dhaka Stock Exchange's benchmark index shed almost 24 points, while turnover slumped to Tk 5.10 billion from the previous day's Tk 6.16 billion.At least, six IPOs and a couple of mutual funds are expected to float within two months, he said.Meanwhile, brokers blamed recent volatility for Thursday's downturn."Investors are quite nervous due to the fluctuating nature of the market," said an official of brokerage house Royal Securities.Trading fell into negative territory on the opening bell. It recovered losses in the midday session but fell sharply towards the end.Mutual funds lost after Wednesday's highs, although banks closed mixed with prices moving slightly.
Non-banking financial institutions (NBFI) also witnessed a depressed trend after rising Wednesday on the news of regulatory moves to double its capital base.Insurers continued to fall with fuel and energy shares following.DSE's benchmark general index, or DGEN, shed 23.88 points, or 0.79 percent, to close at 2977.72.The all-share index or DSI lost 20.11 points, or 0.79 percent, to close at 2501.70.The DSE-20 blue chip index fell 13.57 points, or 0.63 percent, to finish at 2108.74.Losers outnumbered gainers 171 to 53, while eight issues held steady.Beximco, the turnover leader, saw shares worth Tk 339.083 million change hands, losing 1.39 percent to close at Tk 282.Off-dock service provider Summit Alliance Port Ltd followed with a turnover of Tk 313 million, crawling down 0.05 percent to Tk 2250.25. Bex Tex's turnover reached Tk 216.413 million, closing at Tk 63.40, down 2.31 percentAftab Automobiles fell 3.27 percent to Tk 1629.25, with a turnover of Tk 208.123 million.Summit Power lost 2.22 percent to close at Tk 1282.50, seeing Tk 198.894 million worth of shares change hands.
Among other scrips on the turnover board—Beximco Pharma, AIMS 1st Mutual Fund and AB Bank lost.ICB 2nd NRB Mutual Fund and Bay Leasing & Investment Ltd rose on buying pressure.
Non-banking financial institutions (NBFI) also witnessed a depressed trend after rising Wednesday on the news of regulatory moves to double its capital base.Insurers continued to fall with fuel and energy shares following.DSE's benchmark general index, or DGEN, shed 23.88 points, or 0.79 percent, to close at 2977.72.The all-share index or DSI lost 20.11 points, or 0.79 percent, to close at 2501.70.The DSE-20 blue chip index fell 13.57 points, or 0.63 percent, to finish at 2108.74.Losers outnumbered gainers 171 to 53, while eight issues held steady.Beximco, the turnover leader, saw shares worth Tk 339.083 million change hands, losing 1.39 percent to close at Tk 282.Off-dock service provider Summit Alliance Port Ltd followed with a turnover of Tk 313 million, crawling down 0.05 percent to Tk 2250.25. Bex Tex's turnover reached Tk 216.413 million, closing at Tk 63.40, down 2.31 percentAftab Automobiles fell 3.27 percent to Tk 1629.25, with a turnover of Tk 208.123 million.Summit Power lost 2.22 percent to close at Tk 1282.50, seeing Tk 198.894 million worth of shares change hands.
Among other scrips on the turnover board—Beximco Pharma, AIMS 1st Mutual Fund and AB Bank lost.ICB 2nd NRB Mutual Fund and Bay Leasing & Investment Ltd rose on buying pressure.
Trade revives as Palestinian cities reconnect
Businesses in normal countries take getting around for granted. They can distribute, export and attract workers and customers from wide areas.In the Israeli-occupied West Bank, access to more than half of the land is restricted. Israel has ultimate control of roads, energy, water, telecommunications and air space.An Israeli barrier of fence and concrete wall now seals off much of the West Bank. At a handful of crossing points, freight heading for the Jewish state is screened for security.A decade of what the Palestinians call "closure" created higher transaction costs, uncertainty and inefficiency.But violence has fallen significantly. The Palestinians have established an effective security force, with American help.Israeli Prime Minister Benjamin Netanyahu says that in addition to the classic, top-down peace process, he can build peace from the bottom up by boosting the Palestinian economy.This northern city was the West Bank's commercial hub until the Palestinian uprising that began in 2000 when it was virtually sealed off by the Huwara checkpoint, known for years as one of the toughest in the occupied territory.In the past five years 425 companies left for Ramallah to escape the economic siege, according to Omar Hashem of the Nablus Chamber of Commerce.The economy of this volatile city, where Israeli settlers occupy homes near a Jewish religious site under army protection, shows little sign of improvement, say some local businessmen.This city is the envy of the others. As the administrative capital close to Jerusalem in the biggest conurbation of the region, Ramallah benefited from the sense of remoteness felt in cities like Nablus closed off behind Israeli checkpoints.People have moved in and it has grown. There are two international hotels under construction, including a Moevenpick which was mothballed for years after the 2000 uprising began.Under what the World Bank calls the "extreme closure" of a tight Israeli blockade, the Mediterranean coastal enclave where 1.5 million Palestinians live is now all but divorced from the economy of the West Bank.
Its public sector is paid from foreign aid cash trucked in by security vans. It gets much of its food and energy in United Nations and European Union aid, and some it brought in commercially under Israeli inspection.Most other goods are supplied by a smuggling industry running tunnels under the border with Egypt.Gaza is controlled by the Islamist Hamas group hostile to the Palestinian leadership in the West Bank and resistant to Western demands that it accept Israel's right to exist and forego armed resistance.Israel launched a military offensive against Hamas last December to stop its forces firing rockets into Israeli territory and over the course of three weeks inflicted enormous damage on the enclave and killed more than 1,000 people.International donors have pledged some $4 billion for Gaza's reconstruction but a ban on the import of cement and steel has prevented the work from starting.
Its public sector is paid from foreign aid cash trucked in by security vans. It gets much of its food and energy in United Nations and European Union aid, and some it brought in commercially under Israeli inspection.Most other goods are supplied by a smuggling industry running tunnels under the border with Egypt.Gaza is controlled by the Islamist Hamas group hostile to the Palestinian leadership in the West Bank and resistant to Western demands that it accept Israel's right to exist and forego armed resistance.Israel launched a military offensive against Hamas last December to stop its forces firing rockets into Israeli territory and over the course of three weeks inflicted enormous damage on the enclave and killed more than 1,000 people.International donors have pledged some $4 billion for Gaza's reconstruction but a ban on the import of cement and steel has prevented the work from starting.
Thursday, August 20, 2009
Internet speeds down in Bangladesh due to Typhoon
Bangladesh has been experiencing slow internet speeds after Typhoon Morakot damaged undersea cables in East Asia this week, a senior telecoms official said on Thursday.
Taiwan, Hong Kong, Philippines and Singapore are facing most trouble because of the damage to the Asia Pacific Cable Network-2 (APCN-2), BTCL managing director Khabiruzzaman told bdnews24.com.
"Repair work has begun, we have been informed by Singtel of Singapore, and the net speeds will be back to normal by Friday," Khabiruzzaman said.
Reuters had earlier reported that up to 90 percent of all voice call and Internet services from parts of East Asia were disrupted after Typhoon Morakot damaged the undersea cables.
A senior official of Chunghwa Telecom, Taiwan's largest telecoms company also said services would be back to normal by Friday.
Chunghwa Telecom, a former state-owned monopoly, shares APCN-2 with other operators in East Asia.
TF Leng, president of Chunghwa's International Business Group, said they were working with other affected telecommunications companies in the region to use alternative routes to restore connectivity.
"We see that most Internet and voice connections should be back to near-normal levels by the end of Thursday," he said.
"The typhoon didn't destroy the cables all in one go, which would have led to a sudden outage of services. It slowly destroyed some of the cables, which is why it took a few days before users were affected."
The last time Internet users in Asia experienced an Internet outage as a result of a natural disaster was in 2006, when an earthquake off the coast of Taiwan damaged the undersea cables.
Wednesday, July 8, 2009
Selling leading Branded WiMAX equipment

A2Z Trading Inc is leading Branded WiMAX equipment supplier in Bangladesh. Last few years they are supplying PSTN Phone to the Bangladeshi Telecom Company. A2Z import and markets proprietary products, including Wi-Fi and WiMAX. panel antennas, WIMAX USB, mobile GPS and cellular antennas, as well as base station antennas (for cell phone towers), through its Wireless Communications Solutions Division. Our mission giving cheep price technology with quality. Our USB adaptor for bringing WiMAX’s high-speed mobile broadband to laptop PCs said Mr. Khan director of A2Z. A2Z wi4 WiMAX USB adaptor has been designed with multiple antenna technology to provide high-speed connectivity in the various and unpredictable environments where users expect service, especially indoor home, business and coffee shop environments, as well as on-the-go in a mobile world. The USBw 100 delivers increased range and higher throughput when compared with single-antenna solutions. A2Z said the device, which easily plugs into the USB port, seamlessly connects the laptop computer to a WIMAX broadband network for reliable, easy, high-speed connection for e-mail; web surfing, video and audio streaming, GPS services, Internet phone calls and other uses.Brought to you by-aminul,sust.
Cybercrime on Facebook,is it GUARANTEE WEB SAFETY

"We do our best to keep Facebook safe, but we cannot guarantee it," Facebook says in a warning in a section of the site on the terms and conditions of use, which members may not bother to read. (www.facebook.com/terms.php)
"People implicitly trust social networking sites because they don't understand the real threats and dangers. It's like walking down the street and trusting everybody you meet," said Randy Abrams, a researcher with security software maker ESET.
Amy Benoit, a human resources manager in Oceanside, California, said she may stop using Facebook altogether after she became entangled in a popular scam: A fraudster sent instant messages to a friend saying that Benoit had been attacked in London and needed $600 to get home.
Yale University last week warned its business school students to be careful when using Facebook after several of them turned in infected laptops.
One of the most insidious threats is Koobface, a virus that takes over PCs when users click on links in spam messages. The virus turned up on MySpace about a year ago, but its unknown authors now focus on spreading it through Facebook, which is struggling to wipe it out.
"Machines that are compromised are at the whim of the attacker," said McAfee Inc (MFE.N: Quote, Profile, Research, Stock Buzz) researcher Craig Schmugar.
McAfee, the world's No. 2 security software maker, says Koobface variants almost quadrupled last month to 4,000. "Because Facebook is a closed system, we have a tremendous advantage over e-mail. Once we detect a spam message, we can delete that message in all inboxes across the site," said Schmugar.
Facebook's Axten said the site does not know how many users have been infected by Koobface.
A new website that follows Facebook news, www.fbhive.com, recently identified a vulnerability that made it possible to access any user's private information using a simple hack. The loophole has since been closed.
"We don't have any evidence to suggest that it was ever exploited for malicious purposes," Axten said.
Hackers even find ways to get into accounts of savvy users like Sandeep Junnarkar, a journalism professor at City University of New York and former tech reporter. Last month he learned his account was hacked as he waited for a flight for Paris. He quickly changed his password before boarding.Brought to you by-aminul,sust.
Tuesday, July 7, 2009
Increse internet speed atleast 20%
Microsoft reserves 20% of your available bandwidth for their own
purposes like Windows Updates and interrogating your PC etc
You can get it back:
Click Start then Run and type "gpedit.msc" without quotes.This opens
the group policy editor. Then go to:
Local Computer Policy
then Computer Configuration
then Administrative Templates then Network then QOS Packet Scheduler
and then to Limit Reservable Bandwidth.
Double click on Limit Reservable bandwidth. It will say it is not
configured, but the truth is under the 'Explain' tab i.e."By default, the
Packet Scheduler limits the system to 20 percent of the bandwidth of a
connection, but you can use this setting to override the default."
So the trick is to ENABLE reservable bandwidth, then set it to ZERO. This
will allow the system to reserve nothing, rather than the default 20%.It
works on Win 2000 as well.
purposes like Windows Updates and interrogating your PC etc
You can get it back:
Click Start then Run and type "gpedit.msc" without quotes.This opens
the group policy editor. Then go to:
Local Computer Policy
then Computer Configuration
then Administrative Templates then Network then QOS Packet Scheduler
and then to Limit Reservable Bandwidth.
Double click on Limit Reservable bandwidth. It will say it is not
configured, but the truth is under the 'Explain' tab i.e."By default, the
Packet Scheduler limits the system to 20 percent of the bandwidth of a
connection, but you can use this setting to override the default."
So the trick is to ENABLE reservable bandwidth, then set it to ZERO. This
will allow the system to reserve nothing, rather than the default 20%.It
works on Win 2000 as well.
Monday, June 29, 2009
Upto 512 kbs wareless internet speed at Bangladesh

Zoom™ Ultra
Ultra is the new and upgraded package from Zoom™ high-speed wireless internet service that runs on state-of-the-art EV-DO technology, the evolution from CDMA 1X technology. You can experience download speeds of up to 512 kbps, and the Zoom™ Ultra connection enables you to access this high-speed internet by simply connecting to your laptop or desktop computer.
Zoom™ Ultra provides never-before internet speeds on the move, and plug-and-play service through a versatile USB interface. The high speeds facilitate a superior internet browsing experience with video streaming, video surveillance, and rich media content.
Currently the Zoom™ Ultra service is available in Motijheel, Dhanmondi, Banani, Gulshan, Baridhara, and Uttara areas of Dhaka city. Since the Ultra Modem is downward compatible with Citycell’s Zoom 1X network, it ensures connectivity throughout Bangladesh across 64 Districts.
Zoom™ Ultra data plans are designed to suit your specific needs. Products and devices are available at the three Citycell Customer Care Centres of Dhaka, Zoom Zone at Bashundhara City Shopping Complex, select Zoom™ Points of Dhaka city, and through our Sales hotline 011910SALES (01191072537) or email (sales@citycell.com). Our nationwide network of Customer Care Centres and Points are also equipped to provide after-sales service for your Zoom™ Ultra connection and device.
Reduce SIM tax & New handsets;Mobile operators said
The mobile industry in Bangladesh, which is still lagging at the bottom rung of tele-density in the region, is at the crossroads of growth where the huge untapped rural market beacons it. But the challenge is strong enough as the cost of owning a mobile set and connection is too prohibitive.The options to overcome the odds to bring about a revolutionary change in rural lifestyle in terms of internet use, telemedicine help and e-education are quite a few and some of them could be addressed through budgetary measures.Operators blamed the tax on SIM card as the major digital divide between the rural and urban areas. They said such tax is one of the major barriers to expanding their costly networks to the rural areas as these areas may not give a healthy return in terms of revenue like in urban areas.t is the time to go to the untapped rural areas, said Ahmed Mushfeq Anam, managing director of X-Fer Limited and representative of Nortel Networks Netas. Operators should take up strategy to share infrastructure among them to expand networks in rural areas so that investment returns come to their expected level, he added.
M Rafiqul Islam, joint secretary of the post and telecommunications ministry, assured the mobile phone operators of passing their appeals to the telecom minister.
M Rafiqul Islam, joint secretary of the post and telecommunications ministry, assured the mobile phone operators of passing their appeals to the telecom minister.
Sunday, June 28, 2009
Citycell’s special voice and internet service
Citycell recently signed an agreement with SQ Crystal Celsius Limited (SQCCL), one of the largest suppliers of the world to Marks and Spencer in knitwear.
Under the agreement SQCCL will enjoy specially designed telecommunication packages and customized solutions from Citycell. The corporate service is tailored to match specific requirements of the company to strengthen communication with all its stakeholders and improve its internal communication. SQCCL will also enjoy priority services from Citycell on both voice and data.Alan Robert Renton, General Manager of SQCCL and Dr. Anand Rajasingham, Head of Marketing of Citycell, signed the Agreement on behalf of their respective companies at a simple ceremony held at Citycell’s Head Office at Mohakhali, Dhaka.
A. H. M. Quamruzzaman, Finance Controller, Abdullah Al Mamun, Plant Manager of SQCCL, and Sania Mahmood, General Manager, Marketing Communications and Corporate Business, Kazi Jahirul Islam, Manager, Corporate Business and Md. Abdullah-Al-Mamun, Key Account Manager, Corporate Business of Citycell were also present at the ceremony.
Under the agreement SQCCL will enjoy specially designed telecommunication packages and customized solutions from Citycell. The corporate service is tailored to match specific requirements of the company to strengthen communication with all its stakeholders and improve its internal communication. SQCCL will also enjoy priority services from Citycell on both voice and data.Alan Robert Renton, General Manager of SQCCL and Dr. Anand Rajasingham, Head of Marketing of Citycell, signed the Agreement on behalf of their respective companies at a simple ceremony held at Citycell’s Head Office at Mohakhali, Dhaka.
A. H. M. Quamruzzaman, Finance Controller, Abdullah Al Mamun, Plant Manager of SQCCL, and Sania Mahmood, General Manager, Marketing Communications and Corporate Business, Kazi Jahirul Islam, Manager, Corporate Business and Md. Abdullah-Al-Mamun, Key Account Manager, Corporate Business of Citycell were also present at the ceremony.
Saturday, June 27, 2009
SIM tax in Mobile phone operators
The Association of Mobile Telecom Operators of Bangladesh on Sunday requested the prime minister to waive the SIM tax, expressing ‘disappointment’ at the proposal for tax being retained on SIM in the budget proposed for the 2009–2010 financial year.
The association of six mobile operators also claimed the SIM tax at Tk 800 for each new mobile connection subscription was the ‘biggest barrier’ to the growth of mobile industry in Bangladesh and the government’s revenue from SIM tax would drop further because of stagnated growth of the mobile industry.
They also resented imposition of 25 per cent import duty on mobile sets instead of the existing fixed rate of Tk 300 a set.
‘We are disappointed that the budget proposal announced on Thursday continued retaining the SIM tax at Tk 800 on each new connection of mobile subscription,’ said Zakiul Islam, president of the association and senior manager of Banglalink, at a briefing at the Sonargaon Hotel.
‘We request the prime minister and her government to kindly waive the SIM tax in view of development and digital Bangladesh,’ said Grameenphone corporate affairs chief Raihan Shamsi.
He said the government revenue from SIM tax was Tk 426 crore in the first quarter of 2008, but it dropped to Tk 147 crore in the first quarter in 2009 as operators withdrew subsidies in sales of SIMs after incurring losses. ‘This downward trend will continue if SIM tax is still in place,’ he claimed.
The association of six mobile operators also claimed the SIM tax at Tk 800 for each new mobile connection subscription was the ‘biggest barrier’ to the growth of mobile industry in Bangladesh and the government’s revenue from SIM tax would drop further because of stagnated growth of the mobile industry.
They also resented imposition of 25 per cent import duty on mobile sets instead of the existing fixed rate of Tk 300 a set.
‘We are disappointed that the budget proposal announced on Thursday continued retaining the SIM tax at Tk 800 on each new connection of mobile subscription,’ said Zakiul Islam, president of the association and senior manager of Banglalink, at a briefing at the Sonargaon Hotel.
‘We request the prime minister and her government to kindly waive the SIM tax in view of development and digital Bangladesh,’ said Grameenphone corporate affairs chief Raihan Shamsi.
He said the government revenue from SIM tax was Tk 426 crore in the first quarter of 2008, but it dropped to Tk 147 crore in the first quarter in 2009 as operators withdrew subsidies in sales of SIMs after incurring losses. ‘This downward trend will continue if SIM tax is still in place,’ he claimed.
Slack sales in Mobile handsets at Bangladesh
Mobile handset makers yesterday anticipated a 10 percent slack sale, if the proposed 25 percent tax on each imported set remains unchanged in the final budget for the fiscal year 2009-10.
The new duty may prompt imports of the handsets through illegal channel, which ultimately lead to a huge revenue loss, they told a press conference in Dhaka yesterday.
"Mobile set price may increase 15 to 17 percent on imposition of the new duty," said Nowfel Anower, head of marketing of Nokia EA Limited.
Urging the government to reconsider the tariff, he said a specific amount of Tk 100 could be clamped on the import of each set.
The new duty may prompt imports of the handsets through illegal channel, which ultimately lead to a huge revenue loss, they told a press conference in Dhaka yesterday.
"Mobile set price may increase 15 to 17 percent on imposition of the new duty," said Nowfel Anower, head of marketing of Nokia EA Limited.
Urging the government to reconsider the tariff, he said a specific amount of Tk 100 could be clamped on the import of each set.
Friday, June 26, 2009
Aktel sim is now 199 Tk

Mobile phone operator AKTel has offered prepaid SIM at Tk 199 as part of its 'Free Connection' campaign marking the company's 11th year of service in Bangladesh, according to a press statement.
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Under the offer, the new prepaid subscribers of AKTel will get Tk 200 bonus talk-time with activation. They will instantly get Tk 50 and the rest Tk 150 will be delivered to them in equal amount over the next three months.
Every prepaid connection of AKTel is a standard connection with ISD and Economy ISD facility.
New prepaid customers of AKTel will also enjoy simple tariff plan of 68 paisa/min to any mobile round the clock.
Friday, June 19, 2009
Gemalto Expands Mobile Banking Availabilty
Gemalto says that it is planning to expand the availability of its mobile banking services to markets in South Asia. The firm has been working with India-based technology partner mChek since last September to offer mobile banking services with telecom operators in India and Sri Lanka. Tan Teck Lee, President of Gemalto Asia said: mChek has demonstrated an exceptional platform that is flexible and scalable for a broad range of mobile banking and payment applications. By leveraging Gemalto’s worldwide partnership programme, we can partner with mChek to better serve our customers be they telecom operators or subscribers. Together we aim to bring new levels of security and convenience beyond India and Sri Lanka into markets such as Bangladesh, Indonesia and the Philippines.
Award the 3G Licenses Urges Ericsson to Bangladesh
Ericsson has urged the Bangladeshi government to speed up the process to offer 3G licenses so that the mobile operators can tap the existing 3G phone user base in the country. “If the government releases appropriate spectrum for 3G, which is the proven global mainstream for the mobile broadband, then we are confident that it will contribute significantly to the country’s GDP (gross domestic prodcut) growth,” Arun Bansal, managing director of the
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Ericsson Bangladesh, told the Reuters news agency.”It is estimated that there are over 6 million mobile internet users and already today 15 percent of the mobile handsets used in Bangladesh market are 3G enabled,” Bansal added.The regulator has delayed the award of 3G licenses several times, and they were last due to have been awarded a couple of months ago. A previous report by the GSMA had called on the regulator to issue the licenses by the 3rd quarter of last year.
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Ericsson Bangladesh, told the Reuters news agency.”It is estimated that there are over 6 million mobile internet users and already today 15 percent of the mobile handsets used in Bangladesh market are 3G enabled,” Bansal added.The regulator has delayed the award of 3G licenses several times, and they were last due to have been awarded a couple of months ago. A previous report by the GSMA had called on the regulator to issue the licenses by the 3rd quarter of last year.
Software Reviews:Firefox 3.5 coming at the end of june
While Mozilla is serving the first bits of Release Candidate 1 for the successor of Firefox 3.0, it is also focusing on having Firefox 3.5 finalized and available for download for end users by the end of this month. For the time being, Mozilla is serving Firefox 3.5 RC1 Build 2 as an update to the Beta testers that are already running earlier releases of the browser. Firefox 3.5 RC1 Build 2 started being delivered on June 16, 2009, and is also available as a standalone download for testers that want a taste of the close-to-final Firefox 3.5“Our 800,000+ Firefox 3.5 beta users will be receiving an update to the first Firefox 3.5 release candidate (3.5rc1build2) in order to continue to help us with daily testing and public feedback. This update contains bug fixes which will be included in the final release of Firefox 3.5, expected later this month. While Mozilla has not yet completed the quality assurance testing required before an official product release, this update is considered stable for daily browsing use and we appreciate your assistance in helping us test and evaluate this version of the release candidate,” revealed Mozilla's Nicole Loux (emphasis added).
Mike Beltzner, director of Firefox at Mozilla, also indicated that the end of June was the target ship date for Firefox 3.5. On June 17, Mozilla started wrapping up the second Release Candidate for Firefox 3.5. In this regard, the public will be receiving Firefox 3.5 RC2 starting tomorrow at the earliest, according to the plans of the open source browser maker.
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At the same time, Mozilla started to look forward in the future of Firefox's evolution. Testers will be able to get their hands on the first build of Firefox 3.6 four weeks after Firefox 3.5 will be launched as an Alpha 1 release. Firefox 3.6 is not the final moniker of the next generation of Mozilla's open source browser, but it will be used for at least the start of the development process. Firefox 3.5 itself was referred to as version 3.1 until well into 2009.
Mike Beltzner, director of Firefox at Mozilla, also indicated that the end of June was the target ship date for Firefox 3.5. On June 17, Mozilla started wrapping up the second Release Candidate for Firefox 3.5. In this regard, the public will be receiving Firefox 3.5 RC2 starting tomorrow at the earliest, according to the plans of the open source browser maker.
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At the same time, Mozilla started to look forward in the future of Firefox's evolution. Testers will be able to get their hands on the first build of Firefox 3.6 four weeks after Firefox 3.5 will be launched as an Alpha 1 release. Firefox 3.6 is not the final moniker of the next generation of Mozilla's open source browser, but it will be used for at least the start of the development process. Firefox 3.5 itself was referred to as version 3.1 until well into 2009.
Digital Bangladesh , but price of digital products as per budget,
The prices of computer accessories are on the rice after the budget speech of the finance Minster AMA Muhith. Digital gadgets for the common people of Digital Bangladesh will be hard to buy than last year. But Bangladesh Association of Software and Information Services, BASIS, and Bangladesh Computer Samity, BCS, appreciated the budget speech of the finance minister for a significant allocation for the development of IT sector, which is over 500 core Taka including 100 core Taka emergency fund.
According to the National ICT policy of the country 5 per cent ADP and 2 per cent revenue budget are supposed to be allocated for the development of ICT sector. So instead of over 500 core Taka, the allocation was supposed to be over 3000 core Taka. The allocation of the budget is not remarkable according to the provisions of the National ICT policy, but compare to previous budgets the allocation is much higher. President of BCS Mustafa Jabbar and President of BASIS Habibullah N Karim welcomed the budget and they think it is the millstone budget to gradually reach to the targeted allocation as per the provisions of the National ICT Policy.
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However, computer vendor houses of the country are very much disappointed with the budget and the disappointment caused at least 5 per cent price rise of IT accessories just immediate after the budget speech. During the finance minister budget speech computer vendors stopped selling IT gadgets and stocked the digital goods. IT vendor houses informed the IT reporter the prices will be much higher after the finishing of their stocks. 4 to 21 per cent taxes and duty fee have been increased for almost every IT product.
According to the National ICT policy of the country 5 per cent ADP and 2 per cent revenue budget are supposed to be allocated for the development of ICT sector. So instead of over 500 core Taka, the allocation was supposed to be over 3000 core Taka. The allocation of the budget is not remarkable according to the provisions of the National ICT policy, but compare to previous budgets the allocation is much higher. President of BCS Mustafa Jabbar and President of BASIS Habibullah N Karim welcomed the budget and they think it is the millstone budget to gradually reach to the targeted allocation as per the provisions of the National ICT Policy.
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However, computer vendor houses of the country are very much disappointed with the budget and the disappointment caused at least 5 per cent price rise of IT accessories just immediate after the budget speech. During the finance minister budget speech computer vendors stopped selling IT gadgets and stocked the digital goods. IT vendor houses informed the IT reporter the prices will be much higher after the finishing of their stocks. 4 to 21 per cent taxes and duty fee have been increased for almost every IT product.
IT news:Microsoft to address DST
Microsoft Bangladesh announced a patch based fix to address the Day Light Saving Time (DST) which is supposed to be effective in Bangladesh from June 19th at 11PM. This fix can be downloaded from Microsoft's corporate website by going to http://support.microsoft.com
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/kb/972423 and will be applicable to Computers running on Microsoft operating systems like Windows Vista, Windows XP, Windows Server 2008 and Windows Server 2003.
Users have to download the msi file from the given website, run it and then choose "(GMT+06:00) DHAKA" option from the "Time Zone Settings" instead of "Astana, Dhaka" and check on the "AUTOMATICALLY ADJUST CLOCK FOR DAY LIGHT SAVING TIME" to enable DST. This would automatically adjust the clock on June 19th at 11PM from when the DST would be effective.
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/kb/972423 and will be applicable to Computers running on Microsoft operating systems like Windows Vista, Windows XP, Windows Server 2008 and Windows Server 2003.
Users have to download the msi file from the given website, run it and then choose "(GMT+06:00) DHAKA" option from the "Time Zone Settings" instead of "Astana, Dhaka" and check on the "AUTOMATICALLY ADJUST CLOCK FOR DAY LIGHT SAVING TIME" to enable DST. This would automatically adjust the clock on June 19th at 11PM from when the DST would be effective.
Scholarship news for Bangladeshi students
The University of Hull, one of the leading institutions in the United Kingdom for higher education, has announced its scholarship programme for Bangladeshi students for September 2009 session, says a press release.
Radhika Longbottom, International Recruitment Manager (South and Southeast Asia) of the university, disclosed this at a press conference held at the National Press Club recently.
Infozee International Ltd, a global education consulting firm offering free admission information and other assistance to Bangladesh students on UK's 22 universities and four colleges, including the University of Hull, organised the press conference.
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The scholarships will be awarded both to undergraduate and postgraduate students.
Longbottom said last year five Bangladeshi students were awarded with the scholarships -- Syed Shah Mohammad Osama in BSc in Accounting & Finance, Shafiq Rehman in MSc in Estuarine and Coastal Science and Management, Adnan Mannan in MSc in Biotechnology and Molecular Biology, Kamal Billah in MA in Gender and Development, and Azharul Haque in BSc in Accounting. Director Operations of Infozee Dhaka office Sazia Alam, Admin Manager Asadul Haq and Marketing Manager Zahidur Rahman were also present.
Radhika Longbottom, International Recruitment Manager (South and Southeast Asia) of the university, disclosed this at a press conference held at the National Press Club recently.
Infozee International Ltd, a global education consulting firm offering free admission information and other assistance to Bangladesh students on UK's 22 universities and four colleges, including the University of Hull, organised the press conference.
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The scholarships will be awarded both to undergraduate and postgraduate students.
Longbottom said last year five Bangladeshi students were awarded with the scholarships -- Syed Shah Mohammad Osama in BSc in Accounting & Finance, Shafiq Rehman in MSc in Estuarine and Coastal Science and Management, Adnan Mannan in MSc in Biotechnology and Molecular Biology, Kamal Billah in MA in Gender and Development, and Azharul Haque in BSc in Accounting. Director Operations of Infozee Dhaka office Sazia Alam, Admin Manager Asadul Haq and Marketing Manager Zahidur Rahman were also present.
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