Business - NsNewsWire

ADB PROVIDING $205 MILLION TO HELP IMPROVE POWER SUPPLY IN BANGLADESH

DHAKA, Dec. 22 (NsNewsWire) — Asian Development Bank (ADB) and the Government of Bangladesh today signed $205 million loan agreements for increasing access to reliable supply of electricity and improving efficiency and capacity of power systems in Bangladesh. The assistance is the third tranche of the $700 million Power System Expansion and Efficiency Improvement Investment […]

Axiata expands regional footprint through acquisition of Nepal’s Ncell

DHAKA, Dec. 22 (NsNewsWire) — Axiata Group Berhad (Axiata) has announced the expansion of its regional footprint and entry into the Nepal market through the acquisition of its number one mobile operator, Ncell Private Limited (Ncell). Through its wholly-owned subsidiary, Axiata Investments (UK) Limited, Axiata has entered into a conditional sale and purchase agreement with […]

Berger renews business solutions agreement with Grameenphone

DHAKA, Dec. 22 (NsNewsWire) — Berger Paints Bangladesh Limited, has renewed the Business Solutions agreement with Grameenphone Ltd. The renewal agreement was signed by Director & Chief Financial Officer Abdul Khalek of Berger Paints and Mr. Sajjad Alam, Head of Direct Sales of Grameenphone Ltd., on behalf of their respective organizations. The ceremony was held […]

Bangladeshi mobile operators add over 11.65 mln new users

DHAKA, Dec. 21 (NsNewsWire) — The total number of Bangladesh’s mobile phone subscribers reached nearly 132 million at the end of October with addition of 11.65 million new users in the first 10 months of the year, statistics of the country’s telecom regulator showed Sunday, reports Xinhua. According to Bangladesh Telecommunication Regulatory Commission (BTRC), the […]

IFC to finance Robi’s network expansion

DHAKA, Dec. 21 (NsNewsWire) — International Finance Corporation (IFC), a member of the World Bank Group, will provide financing to help Robi Axiata Limited (Robi) to expand its telecom network and build new telecommunication infrastructure networks. The US $99 million long term loan facility will enable Robi to improve public access to affordable and reliable […]

WTO Nairobi meeting ends with major breakthrough on global trade

NAIROBI, Dec. 20 (NsNewsWire) — The 10th Ministerial Conference of the World Trade Organization (WTO) in Nairobi came to an end on Saturday after an extended negotiating period with a new Nairobi Declaration that promises to keep the international trading system alive, reports Xinhua. Key outcomes out of the conference included an agreement on the […]

Mehedi, Shamim new TRNB president, secretary

DHAKA, Dec. 20 (NsNewsWire) — Rased Mehedi, special correspondent of The Daily Samakal, and Shamim Ahamed, senior correspondent of bdnews24.com, were elected president and general secretary respectively of Telecom Reporters’ Network of Bangladesh or TRNB on Saturday for the 2016 term. The other office-bearers include Treasurer Samir Kumar Dey of the daily Ittefaq, Organizing Secretary […]

MoreThan 200 million customers are now connected to Telenor

Fornebu, Dec. 17 (NsNewsWire) — Telenor Group today announced that it has surpassed the 200 million mobile subscriber mark. This represents a significant milestone in Telenor Group’s history across Asia, Europe and the Nordics. “Many in Telenor can remember reaching one million subscribers – a once-historic milestone. Since then, the world has changed dramatically and […]

Gunn Wærsted proposed as new Chair of the Board of Telenor ASA

Fornebu, Dec. 17 (NsNewsWire) — The Nomination Committee of Telenor ASA proposes Ms. Gunn Wærsted as the new Chair of the Board of Directors of Telenor ASA. Gunn Wærsted (born in 1955) is Executive Vice President and member of the Group Executive Management in Nordea Bank and Country Senior Executive in Nordea Bank Norway. During […]