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Category: Business

Bangladesh’s Junaid Ahmad is new World Bank country director for India

New Delhi, Sept 21, (NsNewsWire) — Junaid Ahmad has taken over as the World Bank’s new Country Director for India, replacing Onno Ruhl who completed his four-year term. Ahmad, a Bangladeshi national, was formerly the Chief of Staff to World Bank Group President Jim Yong Kim.  In making the appointment, Kim said, “I’m very pleased […]

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Robi Data Pack comes with Special Call Rate

    Dhaka, September 20, 2016: Robi has recently introduced the best data bundle offer in the country in recent times. The offer allows its customers to enjoy lowest call rate (25 paisa/min) to any Robi number for the purchase of 150 MB data pack. All the prepaid customers of Robi will be eligible to […]

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Chinese investment fund secures 20 percent of Australia’s busiest port

Dhaka, Sept. 20 (NsNewsWire) — A Chinese sovereign wealth fund has secured a 20 percent share in the Port of Melbourne lease, sold this week for 7.2 billion U.S. dollars. China Investment Corporation (CIC) Capital contributed 1.5 billion U.S. dollars to the Lonsdale Consortium, which also included Queensland Investment Corporation (QIC) and the Future Fund, […]

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AIIB President Jin Visits Iceland, Sweden and Norway

Beijing, Sept. 20 (NsNewsWire) –AIIB President Jin visited Iceland, Sweden and Norway from September 8 to 14, 2016. In Iceland, President Jin met with Minister of Finance and Economic Affairs Mr. BjarniBenediktsson, Minister for Foreign Affairs Ms. LiljaAlfreðsdóttir, Governor of the Central Bank Mr. MárGuðmundsson, and other government officials and business leaders. In Sweden, President […]

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Thierry de Longuemar appointed as AIIB vice president, chief financial officer

BEIJING,  Sept. 20  (NsNewsWire) —  The Asian Infrastructure Investment Bank (the Bank) has announced that Thierry de Longuemar, upon the nomination of the President, has been appointed by the Board of Directors to the role of Vice President, Chief Financial Officer. Thierry de Longuemar will assume office on September 29 2016. Announcing the appointment, President […]

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Aussie dollar falls against a strong U.S. inflation data

Dhaka, Sept. 19 (NsNewsWire) — The Australian dollar has lost ground against the greenback, which rose sharply on the back of a strong U.S. inflation data. At Asian open on Monday, the local unit was trading at 74.81 U.S. cents, down from 75.14 U.S. cents on Friday, reports Xinhua. Elias Haddad, senior currency strategist of […]

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Australia’s iconic gum trees could be used to create jet fuel: scientists

Dhaka, Sept. 19 (NsNewsWire) — Australian scientists believe they may soon be able to use the country’s iconic gum trees to develop enough renewable jet fuel for up to 5 percent of the world’s aviation industry. Scientists from the Australian National University (ANU) said by using compounds called monoterpenes found in eucalyptus oil, they could […]

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