Abdul Hafeez Sheikh tried to convince the American entrepreneur society to benefit from the opportunities that Pakistan offered at a recent seminar held at the UC Chamber of Commerce. He emphasized on the relations of the United States and Pakistan saying that the two nations will have to move beyond governmental resistances and pave ways for the wonderments that the private sector has to offer, to develop and hence, benefit both, American businessmen as well as Pakistan. He went on to say that the private sector in Pakistan had a great capability to make things work out above any governmental situation and increase the inflow of profits in both the countries. Read more: http://news.emenac.com/pakistan-claims-growth-of-investment-opportunities-and-invites-us-entrepreneurs/

However, the experts have also claimed that IT outsourcing might not be the requirement of every business or firm and hence, serious discussion must be conducted before anyone goes on to take them up. Nevertheless, talking of the businesses that might need this service at any instant, they said that IT outsourcing not only helps business owners save time by handing over the daily tasks to a third party but also helps them save money as things can be done in lower costs this way rather than through in-house setups. Read more.. http://news.emenac.com/english-experts-consider-it-outsourcing-the-best-way-to-secure-funds-and-reduce-expenses/

Developers of PHP language came up and said that most websites today use PHP and that this language was highly in demand. They went on to say that the demand for this language was growing rapidly and that there was no validation for the numbers released by companies stating other languages to be more popular. However, reports have it that the language, Delphi, has been seen to losing place in the Top 10 languages since past eight years and that the graphs for the C languages were constantly rising but this report and all its figures remain challenged by various circles in the world of technology. The report stated that since it is not so easy to change and replace the entire code base to a new language and so, the changes were slow but they were taking place and constantly going as such. Read more.. http://news.emenac.com/popularity-of-c-languages-over-java-becomes-a-controversy-in-many-circles/

The bill says that the using of taxpayers' money by USAID to develop overseas personnel and have them trained to be recruited by American companies that are looking to outsource call centers or other departments in other countries such as Sri Lanka and the Philippines. Tim Bishop said that his bill will put a strict ban on this activity of USAID or and also restrict it in providing funds to any American business that plans to go for outsourcing. He said that "outsourcing is a job killer, and this explicit prohibition on any aid program that makes it easier to send American jobs overseas is long overdue. I made the case to the appropriations committee that this language was necessary to ensure once and for all that American taxpayers are not supporting outsourcing." Read more... http://news.emenac.com/usaid-would-be-barred-from-providing-funds-to-any-u-s-business-that-plans-to-move-jobs-overseas/

The stock price for Facebook as of the beginning is $38 per share which is to give the website, a value of $104 billion at the Initial Public Offering (IPO). At NASDAQ, Facebook will be trading under the symbol of 'FB'. Renaissance Capital, a company aimed at providing index design, institutional research and money management services to newly public businesses, says that behind VISA, Facebook has achieved the highest IPO through which, the company is expected to raise $16 billion while in case of over-allotment of stocks, which is quite a possibility, this sum could rise to $18.4 billion. Read more... http://news.emenac.com/facebook-celebrates-its-entry-into-nasdaq-stock-market/

Much research has been conducted in various parts of the world regarding the business scenario. Especially since the global economic turndown that started in 2007 and caused a great problem in the business world, researches and studies have become more frequented. This is because people are more eager to know what is new and happening in this sector. While, since the crises started, business all around had started to dismiss employees and cut down the workforce because no more budgets were available to make up for pays and other facilities. As of May 2012, Australian companies are largely planning on growth policies and looking to hiring new employees. This is a positive thing as it denotes re-growth of Australian business sector. In order to keep cost effectiveness and ensure good technological growth, outsourcing is becoming the key to the growth plans. Read more.. http://news.emenac.com/australian-companies-going-for-expansion-through-outsourcing-after-much-ado/

When Fairfax first came out announcing its outsourcing plans, Australian citizens showed no hesitance in expressing the offence that they had received. Strikes were staged and meetings were held. Discussions were held and every possible step was taken to stop the news agency from outsourcing its production work to New Zealand. It was hoped that things will work out but they did not. After much ado, the news agency has finally decided to outsource its production tasks to the Kiwi companies. Read more.. http://news.emenac.com/outsourcing-plans-for-australian-newspapers-being-taken-further/

Around the 28th of June 2012, people in the United States, who were using Google for online shopping or for relating and comparing products and prices, noticed that searching for items such as vitamins or fish oils had suddenly stopped brining any results. This did sound creepy but then, was not taken very serious. Later, it was seen that all sorts of health and wellness products were actually removed from the shopping portal in general and that from now on, shopping for such products from Google was no more possible. Read more.. http://news.emenac.com/google-disallows-health-foods-for-online-shopping/

The Western Cape CEO of Department of Trade and Industry, Gareth Pritchard, has said that South Africa is fast attracting businesses that are interested in offshore outsourcing with the help of international investment, especially from the UK and India. While South Asian nations are busy fighting to maintain their position as the top notch location for outsourcing for North American businesses from the Latin American countries, South Africa is becoming a competition for outsourcing destinations all around the world. Read more.. http://news.emenac.com/south-africa-becomes-a-prominent-player-in-the-world-of-outsourcing/