PM lays foundation stone of first-ever metro rail project

DHAKA, Oct. 31 (nsnewswire) — Prime Minister Sheikh Hasina has laid the foundation stone of the country’s first-ever metro rail project  scheduled to be implemented in three phases by 2022. The foundation laying ceremony took place in Gazipur on the outskirts of capital Dhaka on Thursday evening. Bangladesh in February this year signed a loan […]

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Bangladesh opts to bat in 2nd ODI against New Zealand

DHAKA, Oct. 31 (nsnewswire) — Bangladesh opted to bat first in Thursday’s second day-night one-dayer against New Zealand at the Sher-e-Bangla National Stadium. Bangladeshi capital Mushfiqur Rahimand wicket-keeper won the toss and decided to bat first. Bangladesh expects to seal the series as they beat the visitors (Black Caps) by 43 runs (D/L method) in […]

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IPFF Project financed USD 20 Million

DHAKA, Oct. 31 (Xinhua) — IPFF disbursed 20 million USD from its on-lending component to M/S Baraka Patenga Power Limited at Patenga in Chittagong through its PFIs United Commercial Bank Limited (USD 14.04 million) and Trust Bank Limited (USD 5.87 million). In its 2nd phase of operation this is the largest amount of money that […]

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Bangladesh’s July-August trade deficit narrows to 790 mln USD

  DHAKA, Oct. 31 (nsnewswire) — In the first two months of the current 2013-14 fiscal year the country’s trade deficit narrowed by about 11 percent year on year to 790 million U.S. dollars, showed officials data Thursday.    According to statistics of the central bank of Bangladesh, the country’s import payment was 5.783 billion U.S. […]

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44 killed in bus fire in S. India

NEW DELHI, Oct. 30 (Xinhua) — At least 44 persons were burnt to death Wednesday morning when a bus caught fire after its oil tank exploded in the southern Indian state of Andhra Pradesh, the police said. The Volvo private bus was coming from Bangalore to Hyderabad when it caught fire at Kothakota in Mahbubnagar […]

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BTRC approves Robi proposal for Mercantile bank’s mobile banking

DHAKA, Oct. 30 (nsnewswire) — Bangladesh’s telecom regulator has approved a proposal to allow a leading private commercial bank  to launch mobile banking services through the country’s third largest cell phone company’s channels and networks . Cell phone operator Robi made the proposal to Bangladesh Telecommunications Regulatory Commission (BTRC). BTRC approved the proposal Tuesday. For further details […]

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Bangladesh customs seizes 170 gold bars

By Sheuli Akter DHAKA, Oct. 30 (NsNewsWire) — Just one day after seizing 146 gold bars, customs officials in Bangladesh’s main airport in capital Dhaka Wednesday morning again seized 24 gold bars weighing about 3 kilograms from an arriving passenger from Saudi Arabia, an official said. Nazma Zabin, assistant commissioner of the Customs Intelligence Department, […]

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Bangladesh makes notable progress in reforms for easy business start:WB

DHAKA, Oct. 29 (nsneweswire) — A new World Bank Group report says that Bangladesh has made notable progress in reforms that make it easier to start and run a business in the country.  The report, Doing Business 2014: Understanding Regulations for Small and Medium-Size Enterprises,released today from Washington analyzes regulations that apply to businesses during their life cycle, […]

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Message of Chinese Ambassador on Current Situation in Bangladesh

DHAKA, Oct.  28 (nsnewswire) —  Message of Li Jun,  Chinese ambassador to Bangladesh, on the South Asian country’s current situation. “I am deeply worried about the increasing violence arising from the political impasse in Bangladesh. Against this backdrop, we welcome the recent positive developments, including the telephone conversation between Prime Minister Sheikh Hasina and Khaleda […]

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