Business - NsNewsWire

GP employees release balloons to thank customers

DHAKA, Oct. 21 (NsNewsWire) — Over 4000 employees of Grameenphone or GP around the country thanked its 5 crore customers (today) Tuesday. Employees stationed at GPHouse were seen releasing thousands of balloons inscribed with the words “Thank You”. Similar programs were also held in all regional offices of Grameenphone across the country.

China’s GDP expands 7.3 pct in Q3

BEIJING, Oct. 21 (Xinhua) — China’s economy expanded at a slower pace in the third quarter of this year, but still remained within the “reasonable range” set by policymakers, said the National Bureau of Statistics (NBS) on Tuesday. Gross domestic product (GDP) expanded 7.3 percent from a year ago in the third quarter, compared with […]

Australia set to seize assets of corrupt Chinese officials

Beijing: The Australian Federal Police are poised to seize assets of corrupt Chinese officials within weeks, in an unprecedented joint operation with their Chinese counterparts. In an exclusive interview with Fairfax Media, Commander Bruce Hill, the manager of the AFP’s operations in Asia, has confirmed Australia has agreed to assist China in the extradition and […]

Mystery over 176 missing from people trafficker’s boat from Bangladesh

BANGKOK: Mystery surrounds the whereabouts of 176 people, including three women, who were on a people trafficker’s boat that left Bangladesh. There are fears traffickers intend to sell those on board to fishing trawlers or factories as slave labour in Malaysia and Indonesia. Bangladesh officials are travelling to southern Thailand to interview 134 suspected victims […]

Retailers find safety problems in Bangladesh factories

European retailers have said they had found thousands of safety problems while inspecting Bangladesh garment factories in a drive to prevent a repeat of last year’s Rana Plaza disaster that claimed over 1,100 lives. The Bangladesh Accord on Fire and Building Safety, an umbrella group of nearly 200 European brands such as H&M and Carrefour, […]

Telenor’s Grameenphone welcomes 50 millionth customer in Bangladesh

Telenor’s Grameenphone Tuesday celebrated a remarkable milestone on Tuesday when it welcomed its 50 millionth mobile customer in Bangladesh. Grameenphone (GP), 55.8 percent owned by Norwegian telecom company Telenor and 34.2 percent by local Grameen Telecom, has achieved this goal after 17 years of business in the country. At a press conference in Dhaka, top […]

Bangladesh’s Apex Group Emerges As Shoemaker To The World

To see a different face of Bangladesh manufacturing, a country that has earned notoriety with its ready-made garment plants, one drives 25 miles north of Dhaka city to Gazipur district. Amid a predominantly industrial enclave of garmentmakers is a 24-acre site where 5,500 workers, mostly women, are busy stitching not clothes but a range of […]

Watery Bangladesh Works to Prevent Child Drowning Deaths

In Bangladesh, the largest cause of death of children above age one is not malnutrition or disease — it’s drowning. To combat this threat, a local non-profit organization is teaching thousands of children to swim. It’s a hot afternoon and a group of 12-year-olds in a park are learning to swim as the call to […]

China-proposed Silk Road revival to boost trade among nations, continents: Bangladeshi economist

China’s initiatives of reviving the ancient Silk Road through a network of roads and maritime linkages will bolster trade and cultural ties among the Bay of Bengal littorals and over the land mass of Asia and the other continents, according to a noted Bangladeshi economist and business leader. Abdul Awal Mintoo, who held many key […]