Business - NsNewsWire

Yuan devaluation may be boon for Bangladeshi businesses: experts

DHAKA, Jan. 14 (Xinhua) — Recent devaluation of Chinese yuan against the U.S. dollar may be a boon for Bangladesh businesses, Bangladeshi experts said on Thursday. Ahsan H Mansur, executive director at the country’s leading think-tank Policy Research Institute of Bangladesh (PRI), said Bangladeshi importers will have benefit from yuan devaluation following cheaper import of […]

ADB APPROVES RECORD $27 BILLION IN 2015 TO MEET ASIA’S DEVELOPMENT NEEDS

MANILA, Jan. 12 (NsNewsWire) — The Asian Development Bank’s (ADB) operations—comprising approvals of loans and grants, technical assistance, and cofinancing—reached an all-time high of $27.15 billion in 2015, an increase of about 19% over the $22.89 billion in 2014, according to provisional figures released recently. ADB’s approvals of loans and grants, sovereign (governments) and nonsovereign […]

Tripura’s Palatana to supply power to Bangladesh at Rs. 5.50/unit

AGARTALA: The price of 100 MW power to be exported to Bangladesh from Tripura’s Palatana power station has been fixed through signing of a Memorandum of Understanding (MoU) between India and Bangladesh. As per the decision, the cost for the power is Rs. 5.50 per unit. If everything goes right, export of the 100 MW […]

land Customs station inaugurated at Srimanthpur, Tripura on Bangladesh-India borde

DHAKA, Jan. 10 (NsNewsWire) — Nirmala Sitharaman, Minister of State (IC) for Commerce & Industry, Government of India, along with Manik Sarkar, Chief Minister of Tripura inaugurated the Land Customs Station (LCS) at Srimantapur on 6 January 2016. This LCS is located at Sonamura, Sepahijala District, Tripura on the India-Bangladesh border. The corresponding LCS on […]

Chinese top leaders to attend AIIB opening activities

BEIJING, Jan. 9 (NsNewsWire) — Chinese President Xi Jinping and Premier Li Keqiang will attend activities marking the opening of the Asian Infrastructure Investment Bank (AIIB) in which Bangladesh is a member, reports Xinhua. Chinese Foreign Ministry spokesperson Hua Chunying told a regular press briefing on Friday. Xi will attend and address the inaugurating ceremony […]

Special Grameenphone offers at Smartphone and Tab Expo

DHAKA, Jan. 8 (NsNewsWire) — Grameenphone has launched exclusive new services and offers for its customers today at the Grameenphone Smartphone and Tab Expo. The leading telecom operator in the country has announced a special starting EMI of only Tk 2,563 for its Star customers and only Tk 5,125 for general customers (only in pre-order […]

Robi brings Train ticketing solution

Dhaka, Jan. 7 (NsNewsWire) — Robi as customer centric operator has ensured ultimate comfort in purchasing train ticket with the introduction of its mobile phone based train ticketing solution recently. This ticketing solution is the latest addition in the growing portfolio of bdtickets.com. Robi believes that this unique digital service will be instrumental in realizing […]

Huawei launches flagship smartphone at CES, eyes to beat Apple within 2 years

LAS VEGAS, United States, Jan. 7 (NsNewsWire) — Imagine a smartphone that can work continuously for days without a recharge and even when you have to charge it at last, you can do it in just half an hour for another full day’s use. Want to own one?, reports Xinhua. China’s tech giant Huawei has […]

World Bank cuts 2016 global growth forecast to 2.9 pct

WASHINGTON, Jan. 7 (NsNewsWire) — The World Bank on Wednesday cut global growth forecast for 2016 down to 2.9 percent, saying that weak growth among major emerging markets will weigh on global growth in 2016, reports Xinhua. In its Global Economic Prospects Report, the Washington-based institution expected the world economy to grow 2.9 percent in […]