Uber announces Uber Lite, a lightweight version of the rider app

Introducing Uber Lite: built in India for the world New Delhi, June 12 (NsNewsWire) — Uber, the world’s largest ridesharing company, today announced the global launch of Uber Lite, a lightweight version of the rider app, at Uber’s Tech Day 2.0, in New Delhi in the presence of Peter Deng, Head of Rider Experience, Uber […]

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Samsung Electronics Crowned As The Best Brand in Asia for 7 Years

DHAKA, June 12 (NsNewsWire) — Global electronics giant Samsung Electronics has been named the best brand in Asia in 2018 in the electronics industry for seven consecutive years. The company also holds 6th spot in the Interbrand’s Best Global Brands 2017 Rankings. The result is according to ‘Asia’s Top 1000 Brands’ annual online survey conducted […]

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Bangladesh’s May forex reserves fall to 32.35 bln USD

DHAKA, June 12 (NsNewsWire) — Bangladesh’s foreign exchange reserves reached 32.35 billion U.S. dollars at the end of May, said a central bank official on Monday. The Bangladesh Bank (BB) Forex Reserve and Treasury Management Department official, on condition of anonymity, told Xinhua that “the country’s foreign exchange reserves stood at 32,348.69 million U.S. dollars […]

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Chinese firm wins the bid for substation EPC project in Bangladesh

BEIJING, June 11 (NsNewsWire) — Anhui No.1 Electric Power Construction Co., Ltd. under China Energy Engineering Group has won the bid for the 33kV substation EPC project in Botteswar of Bangladesh, marking the company’s first entry into the market of Bangladesh, reports Xinhua. The Botteswar 33 kV substation EPC project is located in Sylhet in […]

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Aarong’s Eid Scratch & Win Campaign 2018

DHAKA, June 10 (NsNewsWire) — This eid Aarong announces “Scratch & Win Campaign 2018”. Grand prize winners will get free air tickets to Cox’s Bazar from Regent Airways , one complementary meal at Bunka Restaurant of Six Seasons Hotel and 1 Night Complementary Couple Stay at Ocean Paradise Hotel & Resort or DuSai Resort & […]

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e-CAB Press Conference on the Budget FY 2018-19

DHAKA, June 9 (NsNewsWire) — e-CAB has organized a Press Conference on the Budget FY 2018-19 at the National Press Club at 10.30 am on 09 June 2018. The conference was organized with a view to bringing to the notice of the government several specific recommendations related to conserving interests of the e-Commerce entrepreneurs, online […]

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Bangladesh economy continues to perform well with robust, stable growth:IMF

DHAKA, June 9 (NsNewsWire) — On May 30, 2018, the Executive Board of the International Monetary Fund (IMF) concluded the 2017 Article IV Consultation with Bangladesh.[1] The Bangladesh economy continues to perform well with robust and stable growth. The strong growth comes with stable inflation, moderate public debt, and greater resilience to external shocks. The country continues to make […]

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Bangladesh unveils about 55.31 bln USD national budget

DHAKA, June 8 (NsNewsWire ) — The Bangladeshi government has unveiled a record 4.65 trillion-taka (about 55.31 billion U.S. dollars) national budget for the 2018-19 fiscal year starting in July, reports Xinhua The government announced massive spending for rural areas and projected economic growth of 7.8 percent in the annual budget. Finance Minister AMA Muhith […]

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To inject more private investment, government should reconsider corporate tax cut in all categories: DCCI president

DHAKA, June 8 (NsNewsWire) — President of Dhaka Chamber of Commerce & Industry (DCCI)AbulKasem Khan in his initial reaction on National Budget 2018-19 proposed the government to reconsider slashing corporate tax in all categories at least 2.5%. In the proposed budget, government only reduces 2.5% corporate tax on publicly and non-publicly traded banks, Insurance and NBFIs. […]

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