Canadian trade experts hopeful NAFTA to survive American threats

VANCOUVER, Aug 17 (NsNewsWire) — The first round of North American Free Trade Agreement (NAFTA) talks got off to a rocky start in Washington Wednesday with the U.S.’s chief negotiator calling for a full overhaul of the 23-year-old pact, instead of simple tweaks. Meanwhile, in Vancouver, trade experts cautioned that NAFTA talks could last many […]

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Grameenphone appoints Karl Erik Broten as CFO

DHAKA, Aug. 17 (NsNewsWire) —  The Grameenphone Board has approved the appointment of Karl Erik Broten as Chief Financial Officer (CFO) of the company, effective from September 1, 2017. He will be replacing Dilip Pal, who will be joining DTAC, Telenor’s operations in Thailand, as CFO. Karl Erik Broten has been serving as CFO of […]

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Bangladesh’s 2016-17 fiscal trade deficit widens to 9.47 bln USD

 DHAKA, Aug. 17 (NsNewsWire) — Bangladesh’s trade deficit ballooned in the last fiscal year 2016-17 concluded in June on the back of an increase in imports, said the central bank Wednesday, reports Xinhua. Trade deficit in the last fiscal year 2016-17 (July 2016-June 2017) surged 46 percent to 9.47 billion U.S. dollars compared to a […]

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Asia-Pacific needs 253,000 new pilots by 2036: Boeing

BEIJING, Aug. 14 (Xinhua) — More than 253,000 new pilots will be needed in the next 20 years for the surging Asia-Pacific aviation market, Boeing China announced Monday. Boeing predicted that, from 2017 to 2036, the world’s commercial aviation industry will require about 637,000 new commercial airline pilots, according to its newly released 2017 Pilot […]

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Saudi budget deficit halves after sweeping spending cuts

RIYADH, Aug. 14 (Xinhua) — Saudi Arabia’s budget deficit halved in the first six months of this year, following sweeping spending cuts and a stabilisation in oil prices, the finance ministry said Sunday. The budget deficit dropped by 51 percent to 72 billion riyals (19.2 billion U.S. dollars) in the first half of 2017, the […]

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Trump Hotel in U.S. capital earns 2 mln dollars in first 4 months in 2017

WASHINGTON, Aug. 12 (Nsnewswire) — The luxury Trump International Hotel, blocks away from the White House, turned a 1.97-million-dollar profit in the first four months this year, according to newly released federal documents. The Trump Organization had earlier projected that it would lose 2.1 million U.S. dollars during this period when the new hotel opened […]

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World Bank Helps Bangladesh Improve Water and Sanitation Services in Chittagong

DHAKA, Aug. 6 (NsNewsWire) — The government of Bangladesh today signed an additional $47.50 million financing agreement with the World Bank to continue construction of new water infrastructure in Chittagong, and provide access to safe water to around 650,000 inhabitants in the city. The additional financing to the Chittagong Water Supply Improvement and Sanitation Project […]

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25 kg gold bars seized at Bangladesh’s main airport

DHAKA, Aug. 6 (Xinhua) — Customs officials at Bangladesh’s main airport in Dhaka seized 250 gold bars weighing 25 kg, from a passenger of Singapore Airways flight, an official said Sunday. Acting on a tip-off, the customs official who declined to be unnamed, told Xinhua that they detained Zamil Aktar, who pretended as an ill […]

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Uber launches Community guidelines for riders and driver partners

DHAKA, Aug. 3 (NsNewsWire) — Uber, the world’s largest ridesharing app that connects riders with drivers to provide convenient, reliable and affordable rides at the push of a button, today announced their Community Guidelines for both riders and driver-partners in Dhaka. The guidelines explain the kind of behavior expected from both riders and drivers when […]

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