Business - NsNewsWire

China Focus: China cuts interest rates again

BEIJING, March 1 (Xinhua) — China’s central bank announced on Saturday that it will slash benchmark deposit and loan interest rates by 25 basis points from March 1, a second such cut in three months, underscoring continuing downward pressure on the world’s second-largest economy. The cut will bring the one-year deposit rate to 2.5 percent, […]

“Birdman” flies high on white-dominated Oscar night

LOS ANGELES, Feb. 24 (NsNewsWire) — Alejandro G. Inarritu, director of black comedy movie “Birdman,” went onto the stage of the 87th annual Academy Awards ceremony three times on Sunday night. He was the biggest winner on the Oscar night, receiving three golden statuettes for best original screenplay, for best director and, at last, for […]

Promoting Academic Innovation in Higher Education

DHAKA, Feb. 22 (NsNewsWire) — The public and private universities in Bangladesh have implemented 156 Academic Innovation Fund subprojects which helped them to create enabling condition for better teaching, learning and research. These subprojects helped to establish and upgrade science labs, computer labs, library automation systems and campus network to spur academic innovation in Bangladesh. […]

China Focus: China, ADB can tap “belt and road” potential

BEIJING, Feb. 22 (NsNewsWire) — The Asian Development Bank (ADB) and China can make use of the huge potential in infrastructure and energy along the belt and road, said ADB Vice President Zhang Wencai. “Belt and road” refers to the Silk Road economic belt and the 21st century maritime Silk Road proposed by China in […]

World Bank Vice President Annette Dixon arrives tomorrow

DHAKA, Feb. 20 (NsNewsWire) — World Bank Vice President for the South Asia Region, Annette Dixon, arrives in Dhaka tomorrow to build on the longstanding partnership between Bangladesh and the World Bank Group. This is Dixon’s first visit to Bangladesh since assuming her position on December 15, 2014. “For the World Bank, Bangladesh is an […]

Robi simplifies Roaming Service

DHAKA, Feb. 17 (NsNewsWire) Robi Axiata Limited, a leading mobile phone operator of the country, has simplified its International Roaming Service. The company disclosed this development at a press conference held at a city hotel today. As part of the service simplification initiative, Robi now offers simple & affordable rates in 100 countries. Rather than […]

China’s Silk Road Fund starts operation

BEIJING, Feb. 17 (Xinhua) — A Silk Road Fund designed to finance the China-proposed “Belt and Road” initiatives is now active, the central bank said in a statement Monday. “The priority [of The Silk Road Fund Co. Ltd] is to seek investment opportunities and provide monetary services throughout the Belt and Road Initiatives,” according to […]

Political gamesmanship on China policy hurts U.S. interests

NEW YORK, Feb. 16 (NsNewsWire) — U.S. President Barack Obama‘s recent greeting of the Dalai Lama at a religious event in Washington was an unwise move as it served nothing but to add needless and harmful ambiguities to his policy toward Beijing. At the annual prayer breakfast in Washington on Feb. 5, Obama, ignoring China’s […]

GSMA ANNOUNCES NEW DEVELOPMENTS FOR 2015 MOBILE WORLD CONGRESS SHANGHAI

London, Feb. 15 (NsNewsWire) — The GSMA has provided an update on the 2015 GSMA Mobile World Congress Shanghai, including new exhibitors and sponsors, as well as additional GSMA and partner programmes being held at the annual mobile industry event. Mobile World Congress Shanghai will take place 15-17 July 2015 at the Shanghai New International […]