Bangladesh decides to fine operators for misuse of customers’ fingerprints

DHAKA, April 5 (NsNewsWire)– Bangladesh’s cabinet Monday decided to fine the cell phone operators for misuse of the customers’ biometric data secured during the ongoing registration of SIM (Subscriber Identity Module) cards, reports Xinhua. After the cabinet meeting with Prime Minister Sheikh Hasina in the chair on Monday, spokesman Mohammad Shafiul Alam told reporters that […]

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Kim Wong returns P38M of stolen Bangladesh funds

Manila, April 4 (NsNewsWire) — Casino junket operator Kam Sin “Kim” Wong on Monday returned another P38 million to the Anti-Money Laundering Council (AMLC) for safekeeping in the vaults of Bangko Sentral ng Pilipinas (BSP), reports http://www.gmanetwork.com. A reliable source at the central bank told GMA News Online that representatives of Wong handed over P38,280,000 […]

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Manila’s dangerous, futile game of involving outsiders in regional row

by Xinhua writers Zhu Dongyang, Yang Tianmu BEIJING, April 4 (Xinhua) — The upcoming U.S.-Philippine military exercises caps Manila’s recent attempts to involve outsiders in regional row. However, a provocation so fear-mongering and untimely as such is likely to boomerang on the initiators. The 12-day annual Balikatan (shoulder-to-shoulder) exercises will be joined by the U.S. […]

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Economic indicators signal recovery of Chinese economy

BEIJING, April 4 (NsNewsWire) — China’s economy may have just come back for a recovery, recent economic indicators signaled. Latest data showed that China’s manufacturing activity rebounded in March to its highest level since last August while non-manufacturing sector also reversed a downward trend since December. Meanwhile, profits of China’s major industrial firms, which saw […]

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China vows to strengthen nuclear security with new measures

WASHINGTON, April 3 (NsNewsWire) — Chinese President Xi Jinping on Friday announced a slew of new measures to shore up the nuclear security of China, the country with the fastest growth of nuclear power worldwide, reports Xinhua. Addressing the opening plenary session of the the two-day fourth Nuclear Security Summit here, Xi said China has […]

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ADB SIGNS TRADE FINANCE AGREEMENTS WITH 4 BANGLADESH BANKS

DHAKA, March 31 (NsNewsWire) —  The Asian Development Bank (ADB) and four Bangladesh banks—The City Bank, Mutual Trust Bank, Pubali Bank, and Southeast Bank—today signed trade finance program agreements for a total value of $40 million. “Under these agreements, ADB and our Bangladesh bank partners will provide loans and guarantees to support exporting and importing […]

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Mainland reiterates importance of 1992 Consensus to cross-Strait ties

Beijing, March 31 (NsNewsWire) — Various achievements made during the peaceful development of cross-Strait relations would suffer if the political basis of the 1992 Consensus were undermined, a mainland spokesperson said Wednesday. “The 1992 Consensus is the political basis for the peaceful development of relations across the Taiwan Strait,” said An Fengshan of the State […]

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U Htin Kyaw sworn in as Myanmar’s new president

NAY PYI TAW, March 30 (Xinhua) — U Htin Kyaw of the National League for Democracy (NLD), led by Aung San Suu Kyi, was sworn in on Wednesday as Myanmar’s new president. Military-assigned First Vice President U Myint Swe and second vice president of the NLD U Henry Van Thio also took the oath of […]

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