Business - NsNewsWire

Bangladesh customs seizes 45 gold bars weighing 45 kg

DHAKA, Oct. 11 (NsNewsWire) — Customs officials at Bangladesh’s main airport in capital Dhaka on Saturday seized 45 gold bars weighing 45 kg from three passengers from Malaysia, reports Xinhua. SM Sohel Rahman, assistant commissioner of the Customs Intelligence Department, told journalists that “We’ve seized 45 gold bars weighing about 45 kilograms from three persons […]

Bangladesh’s Q1 remittances reach nearly 4 bln USD

DHAKA, Oct. 8 (NsNewsWire) — Bangladeshis living and working abroad remitted home nearly 4 billion U.S. dollars in the first quarter of the current 2015-2016 fiscal year, a central bank official said on Wednesday. Quoting provisional data, the Bangladesh Bank (BB) official told Xinhua that the flow of inward remittances in the first three months […]

ILO launches global media competition on labour migration

DHAKA, Oct. 7 (NsNewsWire) — The International Labour Organization (ILO) has launched its first-ever global media competition on labour migration issues. “Reporting Fairly on Labour Migration ” encourages fair reporting on labour migration and aims to recognize the best media coverage and accurate reporting on the topic. The competition is organized jointly with the International Trade […]

ADB Extends New Loan to Expand Southwest Area Water Project

DHAKA, Oct. 6 (NsNewsWire) — The Asian Development Bank (ADB) is providing fresh assistance to expand a water resources project in the southwest of Bangladesh that has sharply increased agriculture production and benefited over 191,000 people, including landless farmers and women. ADB is providing a $45 million loan and the Government of the Netherlands is […]

BWCCI is providing a special training to women SME cluster leaders on design and development of banana and pineapple fiber based products under EU and GOB funded INSPIRED programme

DHAKA, Oct. 5 (NsNewsWire) — Bangladesh Women Chamber of Commerce and Industry (BWCCI) organized a 2 days long special training from 5 October 2015 at Radiant Institute of Design, Dhanmondi, Dhaka. The project ‘Socio- economic empowerment of women through promotion of natural fiber-based products from agricultural wastages’ under INSPIRED program funded by European Union and […]

Telenor Group announces intention to divest shares in VimpelCom Ltd

Fornebu, Norway, Oct. 5 (NsNewsWire) — Telenor Group today announced its intention to divest all its shares in VimpelCom Ltd., where the company has an economic stake of 33 per cent. Telenor Group will now fully focus on creating value in core operations. “The VimpelCom asset, where Telenor holds a minority position without the possibility […]

ADB to Help Scale Up India-Bangladesh Cross-Border Power Exchanges

MANILA, PHILIPPINES, Oct. 1 (NsNewsWire) — The Asian Development Bank (ADB) is to help finance increased transmission capacity of a cross-border electricity link between India and Bangladesh which will allow Bangladesh to better meet sharply rising power demand and support increased power exchanges across South Asia.ADB’s loan of $120 million to Bangladesh will double the […]

Apple Music launches in China

BEIJING, Sept. 30 (Xinhua) — Apple Inc. launched its Apple Music service in China Wednesday, tapping into a fiercely competitive market believed to be one of the largest in the world. Chinese customers can also access iTunes Movies and iBooks online thanks to cooperation with the domestic film industry and local publishers. Apple Music was […]

Telenor adopts global 6-month paid maternity leave policy

DHAKA, Sept. 29 (Xinhua) — In line with a corporate vision of encouraging diversity and developing more female leadership in business and society, Telenor Group has adopted a six-month paid maternity leave policy as a minimum standard globally across its 13 markets. The new policy will particularly benefit Telenor’s Asian markets. The current practices in […]