Business - NsNewsWire

ADB approves loans to boost public-private infrastructure in Bangladesh

DHAKA, July 19 (NsNewsWire) — The Asian Development Bank’s (ADB) has approved 526 million U.S. dollars to help sustain and increase infrastructure investments in Bangladesh, particularly in financing public-private partnership (PPP) projects as well as renewable energy interventions. reports Xinhua. The assistance consists of a 500-million-U.S. dollar market-based loan to finance medium and large-scale PPP […]

A Modern Dhaka is Key to Bangladesh’s Upper-Middle Income Country Vision

DHAKA, July 19 (NsNewsWire) — With 36 percent of the country’s urban population living in Greater Dhaka, the capital of Bangladesh has become one of the world’s most densely populated cities. To achieve its vision of becoming an upper-middle income country by its 50th birthday, Bangladesh must manage Dhaka’s urban growth. This includes taking full […]

Australian FM to discuss trade, regional security with Indian, Sri Lankan counterparts

CANBERRA, July 17 (Xinhua) — Australia’s Foreign Minister Julie Bishop on Monday announced that she will travel to the Indian subcontinent this week to discuss trade and regional security with counterparts from India and Sri Lanka. In a statement detailing her whirlwind trip, Bishop said that, in India, she would meet with Prime Minister Narendra […]

Training on ‘how to export to China through e-commerce’ held at DCCI

DHAKA, July 17 (NsNewsWire) — Dhaka Chamber of Commerce & Industry (DCCI) and International Trade Centre (ITC UNCTAD/WTO) jointly organized a 2-day training on “how to export to China through e-commerce” at DCCI on 17 July 2017. Economic and Commercial Counsellor of Embassy of China in Bangladesh Li Guangjun was present and inaugurated the training […]

Unabated Climate Change Would Reverse the Hard-Earned Development Gains in Asia — New Report

DHAKA, July 15 (Xinhua) — Unabated climate change would bring devastating consequences to countries in Asia and the Pacific, which could severely affect their future growth, reverse current development gains, and degrade quality of life, according to a report produced by the Asian Development Bank (ADB) and the Potsdam Institute for Climate Impact Research (PIK). […]

Australian CFOs, economists confident in China’s financial outlook

SYDNEY, July 14 (Xinhua) — A survey of chief financial officers, in Australia has found this week that confidence in the global economic outlook is still riding high, despite the many challenges present around the world. The Deloitte Access Economics report stated that a greater number of Australian business leaders are positive on the strength […]

U.S. economy sees tighter job market while inflation pressure muted

WASHINGTON, July 14 (NsNewsWire) — U.S. economy grows at moderate pace in June, with tighter labor market and muted inflation pressure, according to the latest survey result released by the Federal Reserve Wednesday. “Economic activity expanded across all 12 Federal Reserve Districts in June, with the pace of growth ranging from slight to moderate,” said […]

Bangladesh export grows at snail’s pace in 2016-17 fiscal year

DHAKA, July 12 (NsNewsWire) — Bangladesh exports grew at a snail’s pace in the just concluded 2016-17 (July 2016-June 2017) fiscal year, showing few signs of speeding up in the new financial year, reports Xinhua. Exports inched up 1.69 percent to nearly 35 billion U.S. dollars in the 2016-17 fiscal year, an official from Export […]

Petroleum congress in Istanbul discusses energy’s future

ISTANBUL, July 11 (NsNewsWire) — Representatives from the global petroleum sector on Monday focused on the future of energy in the face of a growing population on the planet in the decades to come. “Today we have around 7.5 billion people on the planet and by 2100 we can expect about 11.2 billion,” Ben van […]