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Bangladesh ranked 174 in World Bank’s annual ease of doing business measurement

DHAKA, Oct. 28 (NsNewsWire) — Efforts to improve the business climate in South Asia accelerated during the past year, finds a new World Bank report. Bangladesh ranked 174 in the World Bank Group’s “Doing Business 2016: Measuring Regulatory Quality and Efficiency”, released today. The report finds that six of the region’s eight economies implemented nine […]

Australian squad for WCup qualifiers against Kyrgyzstan, Bangladesh

SYDNEY, Oct. 28 (NsNewsWire) — Australia coach Ange Postecoglou has unveiled a 23-strong squad for the World Cup qualifiers against Kyrgyzstan and Bangladesh next month, reports Xinhua. The team will play matches in Canberra on Nov. 12 and in Dhaka on Nov. 17. Captain Mile Jedinak and goalkeeper Mat Ryan have been recalled and Postecoglou […]

Interview: “Golden era” of China-UK relations to benefit world at large

by Naim-Ul-Karim DHAKA, Oct. 27 (Xinhua) — Chinese President Xi Jinping‘s just-concluded visit to Britain has opened a “golden era” which will not merely benefit the two countries, but infuse dynamism into the European economy, leading Bangladesh foreign policy analysts said. They said the visit also comes as a big boon for the broader global […]

Bangladesh Police rules out IS link after arresting key suspects in Italian murder

DHAKA, Oct. 26 (Xinhua) — Bangladesh Police Monday claimed to have unearthed the motive behind the murder of an Italian aid worker in capital Dhaka and ruled out IS link to the foreigner’s killing last month. The Detective Branch of Bangladesh Police early Monday arrested four persons they say are the main suspects in the […]

Strengthening of Statutory Framework for Financial Reporting is Crucial for Public Financial Management, says a New World Bank Report

DHAKA, Oct. 26 (NsNewsWire) — Bangladesh needs to develop a structured financial reporting framework for the state-owned enterprises and other public sector entities to accelerate economic growth and quality of service delivery, says a new World Bank report launched recently. The Report on the Observance of Standards and Codes (ROSC) 2014 also recommends that the […]

ADB to Help Develop Regional Transport Connectivity Projects

DHAKa, Oct. 26 (NsNewsWire) — The Asian Development Bank (ADB) and the Government of Bangladesh today signed a technical assistance loan agreement for $30 million to help develop high demand domestic transport corridors having regional connectivity importance to accelerate growth and stimulate economic activity across South Asia and beyond. The financing is additional to an […]

Bangladesh Shia Muslims hold Ashura mourning procession despite deadly bomb attack

By Naim -Ul-Karim DHAKA, Oct. 25 (Xinhua) — Shia Muslims in the Bangladesh capital city Saturday held their scheduled Ashura mourning procession despite the triple explosion earlier that killed one and injured scores of others, reports Xinhua. With thousands of mourners, the large procession paraded through the city’s main streets starting from the old Dhaka’s […]

World Bank trims Bangladesh growth forecast for 2015-16 fiscal year

DHAKA, Oct. 21 (NsNewsWire) — The World Bank said on Tuesday that it had trimmed Bangladesh’s growth forecast for the current fiscal year 2015-16 (July 2015 -June 2016) to 6.5 percent, citing uncertainty both from volatility in the global economy and on the domestic front as the key reasons, reports Xinhua. The Washington-based lender said […]

President Xi conducts written interview with Reuters

BEIJING, Oct. 19 (NsNewsWire) — Chinese President Xi Jinping conducted a written interview with Reuters on Sunday, in advance of his state visit to Britain. Following is the full text published by Xinhua News Agency: 1. You will soon pay a state visit to the UK. It is learned that both the royal family and […]