Business - NsNewsWire

China collapse scenario good for no one

BEIJING, Jan. 15 (NsNewsWire) — What would the future of the world economy be if China’s growth were to plunge? It is a scenario many China bears have predicted. With both official and private figures released this month pointing to a stronger economy, they will probably be disappointed again, reports Xinhua. Still, a “China collapse” […]

S.Korean exports post double-digit growth in first 10 days of new year

SEOUL, Jan. 11 (Xinhua) — South Korean exports posted a double-digit increase in the first 10 days of this year, indicating a recovery in the economy’s main growth engine, customs data showed on Wednesday. Overseas shipments amounted to 11.6 billion U.S. dollars during the Jan. 1-10 period, up 37.7 percent from the same period of […]

World Bank expects Chinese economy to grow 6.5 pct in 2017

WASHINGTON, Jan. 11 (NsNewsWire) — The World Bank on Tuesday kept its forecast for China’s economic growth rate for 2017 unchanged at 6.5 percent, saying that the economy will continue sustainable growth as it is rebalancing from manufacturing to services, despite reemerging concerns for property markets. In its latest flagship Global Economic Prospects report, the […]

Bangladesh sees robust rise in overseas employment in 2016

by Naim-Ul-Karim DHAKA, Jan. 10 (NsNewsWire) — Remittance-reliant Bangladesh witnessed big boom in overseas employment in 2016 amid growing demand of huge workforce particularly in Middle East and Asian countries, an official said on Monday, reports Xinhua. Selim Reza, director general of Bureau of Manpower Employment and Training (BMET), told Xinhua that “757,731 Bangladeshis in […]

Robi- 10 Minute School features in ICT Division’s Learning and Earning Melaa

Dhaka, Jan. 3 (NsNewsWire) — Robi and ICT Division have agreed to work together in utilizing the biggest online school of the country, Robi-10 Minute School. ICT Division’s “Learning and Earning” project will now be using the free quality digital education platform to complement its efforts to engage with the youth in promoting the concept […]

UCB signs Memorandum of Agreement with Robi

Dhaka, Dec 21 (NsNewsWire) –United Commercial Bank Limited (UCB) has signed a Memorandum of Agreement (MoA) with Robi Axiata Limited on Tuesday at the corporate office of the bank. Muhammed Ali, Managing Director of UCB and Mahtab Uddin Ahmed, CEO & Managing Director of Robi Axiata Limited signed off the agreement on behalf of their […]

Bangladesh Receives $360 million World Bank Financing to Improve Waterway Connectivity

DHAKA, Dec. 21 (NsNewsWire) — The government of Bangladesh today signed a $360 million financing agreement with the World Bank to improve the navigability of 900 km inland waterways along the Chittagong-Dhaka-Ashuganj Corridor and connecting routes, which will enable year-round safe transport for passengers and cargo along the country’s busiest waterways. The Bangladesh Regional […]

Chittagong Calling: Robi sets out to honour the stalwarts of Chittagong

DHAKA, Dec. 21 (NsNewsWire) — The number one mobile phone operator in Chittagong, Robi, is going to honour the stalwarts of commercial capital on Friday, 23rd December at M A Aziz Stadium. This initiative is meant to celebrate the special bond that Robi enjoys with the people of Chittagong. The programme will start at 4 […]

Bangladesh expects record tea output in 2016 – minister

Bangladesh’s tea output in 2016 is expected to hit a record 80 million kg from 66 million a year earlier, the commerce minister said on Sunday, a volume that may be big enough to make imports unnecessary, reports reuters. The country became a net importer of tea after ranking as the world’s fifth-largest exporter in […]