Business - NsNewsWire

Bangladesh goes Africa way for Bharti Airtel

Gopal Vittal took over as the CEO of Bharti Airtel (India) at a time when the company was under stress. The trump card — Vittal, which Sunil Mittal has played for a possible turnaround of the company, worked in favour. The country’s largest cellular operator reported its first growth in profit after 15 consecutive quarters […]

Power supplies restored after Bangladesh ‘national grid tripped’

DHAKA, Nov. 2 (NsNewsWire) — Power supplies have been restored across Bangladesh after Saturday’s unprecedented breakdown of the national grid. A senior official of the Power Grid Company of Bangladesh told NsNewsWire on Sunday morning that power supplies have already been restored to all over Bangladesh. Nearly nine hours after the grid failure, authorities managed […]

Bangladesh building fire doused, three media suspend operations

DHAKA, Oct. 31 (NsNewswire) — A devastating fire broke out at a high rise building in Dhaka’s Karwan Bazar area Friday morning, forcing three news media outlets to halt operations. No casualties were reported. The BSEC building caught fire at around 11:45 a.m. local time, forcing two private television news channels — NTV and RTV […]

Bangladesh: Capitalist Haven

Earlier this month, the Pew Research Center released the second of two major reports detailing findings from a global public opinion survey on economic issues conducted last spring in 44 countries. Read together, the two reports reveal something you might not have guessed: Bangladesh is among the countries most supportive of the free market, and […]

Bangladesh makes trading across borders easier:World Bank Group report finds

Washington, Oct. 29 (NsNewsWire) — A new World Bank Group report finds that four of eight economies in South Asia implemented at least one regulatory reform making it easier for local entrepreneurs to do business in 2013/14. Three countries—Bangladesh, Nepal, and Pakistan—focused their efforts on adopting modern electronic systems to facilitate business activity. Released today, […]

World Bank: China needs reform, not growth targets

BEIJING, Oct 29 (NsNewswire) — The World Bank says China’s economic growth could decline to close to 7 percent next year but Beijing should focus on pushing ahead with market-oriented reforms instead of trying to stick to official growth targets. The bank said Wednesday that China needs to overhaul its labor and real estate markets […]

Human Traffickers in Bay of Bengal Cast Sights on Bangladesh

By SYED ZAIN AL-MAHMOOD: TEKNAF, Bangladesh— Abul Hasan, a 30-year-old fisherman, was drinking tea at a restaurant here when he was approached by two men who said they could help him get a good job at a factory in Malaysia. He was told that he could pay for his passage after he started working, he […]

Chevron Announces First Gas From Bangladesh Bibiyana Expansion Project

SAN RAMON, Calif, Oct. 29 (NsNewsWire)– Chevron Corporation has announced that its Bangladesh subsidiary has commenced natural gas production from the Bibiyana Expansion Project in the northeastern part of the country. Chevron made the announcement through a statement on Oct. 28. “The expansion is one of a slate of projects across the region that will […]

Contact Group on Piracy off the Coast of Somalia Meets in Dubai

DUBAI, Oct. 28 (NsNewsWire) — The United States joined over 80 countries, international organizations, and companies in Dubai on October 28 for the 17th Plenary of the Contact Group on Piracy off the Coast of Somalia. Principal Deputy Assistant Secretary of State for Political-Military Affairs Todd C. Chapman led the U.S. delegation, which included representatives […]