Chief Finance Officer (CFO) of Huawei, Cathy Meng has announced the company’s operating performance in 2013. The CFO said, Huawei’s operating profit for 2013 is expected to be in the range CNY28.6 billion to CNY29.4 billion.
Huawei global sales revenue will reach CNY238-240 billion in 2013, up to11.6 percent in USD year-on-year. The annual R&D investment will be about CNY 33 billion, says a press release.
Huawei’s global sales revenue will reach between CNY 238 billion to CNY 24...
Foodpanda Bangladesh is now offering the online delivery food service with more efficient and modestly way in the city. The company has been serving through online since November 19 last year.
For all the passionate food lovers, a website is now available which will lead them even to be more food fanatics, says a press release.
Foodpanda has arrived to in the capital making the ordering food system much easier. It’s a great option for those who want enjoy food in a comfortable way. The platform is ...
The government is trying to sell the marketing rights of Coca-cola at a merely cheaper price, alleges Muktijodda Shamonnoy Parishad. They urged the interference of the prime minister to cancel the decision. In a press conference in the capital on last Sunday, the leaders of the Shamonnoy Parishad opposed the decision taken by the government.
They said, the government, at a ministerial meeting on economic affairs on last 29
th December, made out the decision to cancel the...
Life comes to near standstill after sunset for the great majority of Bangladeshis living in the countryside. Only about 40% of rural households have access to grid electricity, and even these consumers suffer frequent and prolonged power cuts due to lack of supply. The Second Rural Electrification and Renewable Energy Development Project (RERED II) aims to increase access to electricity in off-grid rural areas through renewable energy sources.
Challenge
At present, against a peak demand of about 8,500 megawatt (MW), current supply is only about 6,500 MW. The urban areas with large industrial loads are prioritized for power supply leaving the rural areas with a disproportionate share of the power cuts. Further, the disp...
lnternational Monetary Fund (IMF) chief Christine Lagarde said yesterday that growth in the global economy was picking up, but warned of the “rising risks” of deflation.
“Momentum strengthened in the latter half of 2013, and should strengthen further in 2014 -- largely due to improvements in the advanced economies,” Lagarde said in a speech at the National Press Club in Washington.
The IMF managing director, however, declined to put numbers on the growth rate ahead of next week’s update of the Fund’s offici...
Five years after the global financial crisis, the world economy is showing signs of bouncing back this year, pulled along by a recovery in high-income economies, says the World Bank’s latest Global Economic Prospects report, issued on Thursday.
Developing-country growth is also firming, thanks in part to the recovery in high-income economies as well as moderating, but still strong, growth in China.
Growth prospects for 2014 are, however, sensitive to the tapering of monetary stimulus in the United States, which began earlier this month, and to the structural shifts taking place in China’s economy.
Huawei’s global sales revenue will reach between CNY 238 billion to CNY 24...
