Business - NsNewsWire

Chinese Candidate for AIIB Presidency

DHAKA, July 9 (NsNewsWire) — China has formally nominated Jin Liqun, former vice finance minister of China, as the Chinese candidate for president of the Asian Infrastructure Investment Bank, or AIIB. China’s Foreign Ministry on Monday confirmed that Jin Liqun was nominated by the Chinese government as candidate for AIIB President, based on procedures […]

UNICEF and the EU launch a Child Rights Toolkit in Bangladesh

DHAKA, July 7 (NsNewsWire) — As part of their collaboration, UNICEF and the European Union (EU) launched today “Child Rights Toolkit: Integrating child rights in development cooperation” providing practical guidance to all donors and concerned social actors on how to operationalize a rights-based, child-focused approach to development programming, budgeting, policy-making and law-making. UNICEF Bangladesh and […]

“Work on India-Bangladesh Telecom Link Likely to Start This Week’

DHAKA, July 7 (NsNewsWire) — Weeks after signing of an agreement by New Delhi and Dhaka on telecommunication links, Bharat Sanchar Nigam Limited (BSNL) on Saturday announced that work will start this week to operationalise the system, reports IANS. “Information Technology Minister Ravi Shankar Prasad is likely to start work next week to link Akhaura […]

New York holds annual hot dog-eating contest on Independence Day

NEW YORK, July 6 (NsNewsWire) — The annual Nathan’s Hot Dog-Eating Contest was held Saturday in New York’s Coney Island with Matt ” The Megatoad” Stonie ousting an eight-time champion. Reigning men’s champion Joey “Jaws” Chestnut, who managed to wolf down 60 dogs in the contest this year, was out eaten by Stonie, who ate […]

Japan beating China to the port in Bangladesh

NEW DELHI, July 6 (NsNewsWire) — Japan is beating out China in a race to build Bangladesh’s first deep-water port as the region’s powers jostle for a foothold in the Indian Ocean. Construction of the 18-meter-deep port at Matarbari on Bangladesh’s southeast coast is set to start by January, the Japan International Cooperation Agency said […]

Fly Thai with Huawei

DHAKA, July 5 (NsNewsWire) — Huawei, the world’s third largest Smartphone manufacturer, has launched a new facebook contest “Fly Thai with Huawei” in Bangladesh on the occasion of Eid festival, where 10 lucky people will get opportunities to visit to Thailand for 3days and 2nights in mid August. Customer can participate in this contest by […]

World Bank Update Says 10 Countries Move Up in Income Bracket

WASHINGTON, July 5, (NsNewsWire) — The World Bank’s latest estimates of Gross National Income per capita (GNI) continue to show improved economic performance in many low-income countries, with Bangladesh, Kenya, Myanmar, and Tajikistan now becoming lower-middle income countries, joining those with annual incomes of $1,046 to $4,125. Mongolia and Paraguay move from lower middle-income status […]

Bangladesh’s July-April trade deficit balloons to over 8 bln USD as import rises on easing political strife

DHAKA, July 2 (NsNewsWire) — Bangladesh’s trade deficit swelled by over 50 percent year-on-year to 8.49 billion U.S. dollars during the July to April period of the just concluded 2014-15 fiscal year as import marked rise on easing political strife in the country, an official said Wednesday, reports Xinhua. The Bangladesh Bank (BB) official, […]

China, OECD eye closer partnership

PARIS, July 2 (NsNewsWire) — China and the Organization for Economic Cooperation and Development (OECD) on Wednesday agreed to strengthen cooperation in areas ranging from macroeconomic management to green growth and beef up their two-decade-old partnership. The world’s second largest economy and the Paris-based organization reached the consensus during Chinese Premier Li Keqiang‘s visit to […]