Business - NsNewsWire

The Bangladeshi legend and billionaire Dr. Moosa bin Shamsher turns 71

DHAKA, Oct. 15 (NsNewsWire) — October 15 marks the 71th birthday celebration of the world’s celebrated international arms dealer of Bangladesh origin, renowned defense strategist, the greatest stylish Icon the world’s best dressed man and the adored business tycoon billionaire Dr. Moosa bin Shamsher (Prince Moosa). Dr. Moosa, who looks remarkably young for his age, […]

Western retail giants restrict travel to Bangladesh after attacks

DHAKA, Oct. 15 (NsNewsWire) — Business executives from global clothing giants H&M Inditex and Gap have canceled trips to Dhaka this month after the killings of two foreigners, industry sources said, causing anxiety for Bangladesh’s $25 billion garment export sector, reports Reuters . Bangladeshi suppliers to the world’s top brands said they didn’t expect the […]

‘Child Help Line-1098’ extended to support more vulnerable children

DHAKA, Oct. 12 (NsNewsWire) — Grameenphone has partnered with UNICEF to support extension of the first-ever ‘Child Help Line – 1098’ in Bangladesh by signing a formal agreement . This was disclosed in a press conference at a hotel in Dhaka city on Monday. UNICEF Bangladesh Representative Edouard Beigbeder, Grameenphone’s Chief Marketing Officer Yasir Azman […]

Telenor Group announces changes to its Executive Management team

Fornebu, Oct. 12 (NsNewsWire) — Telenor Group has today made changes to the structure of its Executive Management team. All 13 markets will be represented to ensure faster execution of the Group strategy and a closer connection to the customers. In addition, the functions Markets and Technology have been established to improve and develop customer […]

World Bank announces US$ 1.9 bln new financing commitments for Bangladesh

LIMA, Peru, Oct. 11 (NsNewsWire) — Kyle Peters, World Bank Senior Vice President, met today with Abul Maal Abdul Muhith, Minister of Finance for the Government of Bangladesh, at the IMF-World Bank Annual Meetings in Lima, Peru. According to a statement received here on Sunday, they discussed the World Bank’s growing portfolio in Bangladesh, which […]

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 […]