Business - NsNewsWire

Bangladesh’s Grameenphone revenue reaches 1.32 bln USD in 2014

DHAKA, Feb. 10 (NsNewsWire) — Bangladesh’s biggest mobile phone operator Grameenphone (GP) has reported revenue of 102.7 billion taka (about 1.32 billion U.S. dollars) for 2014, up 6.3 percent from last year. The company, which is listed on the Dhaka Stock Exchange in Bangladesh, Monday in a press briefing in Dhaka said its service revenue […]

Bangladesh, World Bank sign 300 mln USD loan deal for women, children project

DHAKA, Feb. 10, (NsNewsWire) — Bangladesh has signed a 300 million U.S. dollars financing agreement with the International Development Association (IDA) for the Income Support Program for the Poorest Project. IDA is the World Bank’s concessional arm that helps the world’s poorest countries. Mohammad Mejbahuddin, senior secretary of Bangladesh’s Economic Relations Division, and Johannes Zutt, […]

China warns of challenges for global economy in 2015

ISTANBUL, Feb. 9 (NsNewsWire) — The global economy faces big and crucial challenges with uncertainty and complexity in 2015, a Chinese government official said in an international financial meeting here on Sunday. While addressing financial officials and bankers from more than 40 countries just ahead of the first Ministerial Meeting of the Turkish G20 Presidency, […]

Indo-Bangla ‘Maitree Express’ Firebombed in Troubled Bangladesh

DHAKA, Feb. 9 (NsNewsWire) — Passengers on the Indo-Bangla ‘Maitree Express’ on Sunday had a narrow escape when opposition activists in Bangladesh hurled petrol bombs on the train going to Dhaka. Violence allegedly triggered by the Bangladesh Nationalist Party-enforced nationwide transport blockade continued unabated in Bangladesh. The suspected blockaders hurled several rounds of petrol bombs […]

Chinese dance drama promotes “Maritime Silk Road” at UN HQ

by Shi Xiaomeng UNITED NATIONS, Feb. 6 (Xinhua) — “I thought the story was very powerful. It was about family, love, adventure, friendship, and inheritance,” Maria Kucinski said after watching a traditional Chinese dance drama “Dream of the Maritime Silk Road.” Admitting that she has never learnt anything before about Maritime Silk Road — a […]

Taiwan TransAsia Airways plane plunges into river

TAIPEI, Feb. 4 (NsNewsWire) — A plane of the Taiwan TransAsia Airways came down into a Taipei river Wednesday, with more than 50 people on board, confirmed the civil aviation authorities of Taiwan. Contact with the ATR-72 Flight, scheduled from Taipei to Kinmen, lost at about 11 a.m. Then the plane was found in the […]

Obama proposes $4 billion for states beating climate goals

New York, Feb. 3 (NsNewsWire) — The Obama administration is proposing a $4 billion fund to reward states that exceed cuts in greenhouse-gas emissions, and wants Congress to back steeper royalty rates for oil, gas and coal extraction from public land. In a mix of measures likely to be greeted skeptically by the Republican majority […]

Bangladesh’s forex reserves reach 22.04 bln USD in January

DHAKA, Feb. 2 (NsNewsWire) — Bangladesh’s foreign exchange reserves reached 22.04 billion U.S. dollars at the end of January, the country’s central bank said Sunday. A Bangladesh Bank spokesman who declined to be named said that foreign exchange reserves stood at 22,042.30 million U.S. dollars in February after reaching 22,309.80 million U.S. dollars in January, […]

Fire at Bangladesh Plastics Factory Kills at Least 13

DHAKA, Feb. 1 (NsNewsWire) — A fire swept through a plastic packaging factory on Saturday night in Bangladesh’s capital, Dhaka, killing at least 13 people, a fire department official said. Fire department official Mohammed Farhaduzzaman said the fire was brought under control by late Saturday night and a search was under way for more victims. […]