DHAKA, June 20 (NsNewsWire) — Bangladesh’s current account balance that has been consistently in deficit in about four years has reached the highest level of history in the wake of soaring imports bills, reports Xinhua. The country’s current account deficit in the first 10 months of fiscal year 2017-18 (July 2017-June 2018) amounted to 8.51 […]

Dhaka, June 19 (NsNewsWire) — Uber, the world’s largest ridesharing company, today announced the appointment of Pradeep Parameswaran as new President for India & South Asia, effective immediately. As a key member of Uber’s regional leadership team, Pradeep will be responsible for leading the Rides operation to new heights as the preferred mobility platform for […]

Dhaka, June 19 (NsNewsWire) — The leading digital service provider, Robi, has recently introduced cloud conferencing solution. Robi’s Enterprise Business Solutions division aims to enrich the lives of its enterprise clients by helping them to increase their level of productivity through this digital solution. Cloud Conferencing Solution is a cloud-based Call Conference platform via a […]

BEIJING, June 19 (Xinhua) — The China Securities Regulatory Commission (CSRC) will promote establishment of the federation of exchanges under the Belt and Road in Shanghai, step by step, said Fang Xinghai, vice chairman of the CSRC at the recent Lujiazui Forum. Fang said that the CSRC will actively support the domestic bourses and industry […]

DHAKA, June 19 (NsNewsWire) — The International Monetary Fund (IMF) today launched the second photo contest on Instagram to capture how ASEAN countries are empowering women in the economy and using technology to improve job prospects for the youth. (See https://www.imf.org/en/News/Seminars/Campaigns/2018/first-contest-result on the first contest winners.) The contest is open to photographers, ages 18-35 from […]

KATHMANDU, June 18 (NsNewsWire) — Nepal and India agreed on Saturday to establish four new air entry points to enhance air connectivity between the two countries, the Civil Aviation Authority of Nepal (CAAN) said, reports Xinhua. Aviation authorities from the two South Asian neighbors agreed to establish the bi-directional (incoming and outgoing) air routes on […]

WASHINGTON, June 15 (NsNewsWire) — The World Bank has approved $700 million to improve the primary education sector in Bangladesh. The Quality Learning for All Program (QLEAP) will benefit more than 18 million children studying in pre-primary level to grade 5. It will finance implementation of the government’s Fourth Primary Education Development Program (PEDP4). The Project will help improve quality and equitable access to primary education. It will help assess and improve learning […]

DHAKA, June 15 (Xinhua) — Bangladesh’s clothes markets are busy ahead of the peak sales season of Eid-ul-Fitr that marks the end of the Islamic holy fasting month of Ramadan. Thanks to their affordability and attractive designs, readymade garment stores are now attracting the most customers as people are busying buying new clothes for the […]

Dhaka, June 13 (NsNewsWire) —  Islami Bank Bangladesh Limited (IBBL) has recently signed an MoU with Robi Axiata Ltd with a view to facilitate the best international roaming service for the Hajj pilgrims. In presence of Mohammed Monirul Moula, Managing Director (Current Charge), Abu Reza Md. Yeahia, Deputy Managing Director of Islami Bank and Adil Hossain […]