Business - NsNewsWire

AIIB Becomes a Member of the Ethics Network of Multilateral Organizations

BEIJING, Aug. 23 (NsNewsWire) — The Ethics Network of Multilateral Organizations (ENMO) has approved the Asian Infrastructure Investment Bank for membership. “Membership in ENMO demonstrates our commitment to the highest standards of professionalism and ethics in our operations,” said Chief Ethics Officer Tony Wan of AIIB, a multilateral development bank with a mission to improve social and […]

World Economic Forum Appoints New Members to Board of TrusteesWFWorld Economic Forum

GENEVA, Aug. 23 (NsNewsWire) — Laurence D. Fink, Chairman and Chief Executive Officer of BlackRock, and Feike Sybesma, Chief Executive Officer and Chairman of the Managing Board for Royal DSM, will join the Board of Trustees of the World Economic Forum. Both have a track record of thought leadership and long-term success in business that […]

Students set to embark on 3rd Bangladesh-China friendship tour to China’s Yunnan

An orientation program was organized here Thursday for students participating in the 3rd Bangladesh-China Youth Camp to be held later this month in China’s southwestern province of Yunnan. More than 100 Bangladeshi students will pay a two-week visit, the third of its kind, to the Chinese province under the China-Bangladesh Youth Exchange Program. The second […]

Banglalink launches digital health service platform ‘Daktarbhai’

DHAKA, Aug. 22 (NsNewsWire) — Banglalink, one of the leading digital communications service providers in Bangladesh, has launched ‘Daktarbhai’, a digital health service platform to provide customers with a comprehensivehealthcare solution. Along with enabling customers to access useful health and medical information, it will allow them to avail a wide range of medical facilities. The […]

IMF Executive Board: Governors to Vote on Removing Age Limit for the Position of Managing Director

The Executive Board of the International Monetary Fund (IMF) made the following statement today: “The Executive Board has today recommended that the IMF Board of Governors vote to remove the age limit that currently applies to the position of IMF Managing Director. Since 1951, the IMF’s By-Laws have prohibited the appointment of a candidate aged […]

Grameenphone Appoints Jens Becker as the New CFO

DHAKA, Aug. 21 (NsNewsWire) — Grameenphone has appointed Jens Becker as the new Chief Financial Officer (CFO) of the company, effective from August 15, 2019. He will be replacing Karl Erik Broten. Jens Becker has been serving as CFO of T-Mobile Poland. Previously, he was the CFO at T-Online International AG. He has over 20 […]

Bangladesh’s July inflation rises to 5.62 pct

DHAKA, Aug. 21 (NsNewsWire) — Bangladesh’s overall inflation rose to 5.62 percent in July, the first month of the current 2019-20 fiscal year, due to soaring food and non-food costs, according to the Bangladesh Bureau of Statistics (BBS). The country’s average inflation rate went up from June’s 5.52 percent on a point-to-point basis, reports […]

Telenor completes DNA transaction, announces mandatory tender offer for remaining shares in DNA

Fornebu, 21 August 2019) Telenor Group announced on 9 April 2019 that it had entered into separate agreements with Finda and PHP to acquire 54% of the shares in the Finnish telecom operator DNA for EUR 20.90 per share in cash, in total EUR 1.5 billion (approx. NOK 15 billion). Following approval by the general meetings […]

Protecting the Meghna River: A Sustainable Water Resource for Dhaka

This Asian Development Bank publication explores the potential of the Meghna River as an alternative water source for Dhaka. It also describes the fragile state of the city’s current drinking water supply due to increasing demand and surface contamination. The authors assess the threats facing the Meghna River and identify protection measures needed to ensure […]