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bangladesh

Doing business in Bangladesh slips 2 notches

Getting electricity, registering property and enforcing contracts are the worst issues in doing business in Bangladesh, according to the World Bank’s ranking. Its latest report on doing business has placed Bangladesh at 174th position among 189 economies around the world. The country is at the bottom in accessing electricity (189th) and enforcing contract (188th) and also ranks poorly at 185th position in registering property, said the global agency’s “Doing Business-DirectoryBusiness 2...

Telenor cuts 2015 forecast

Telenor ASA, the Nordic region’s largest phone company, cut its forecasts for full-year sales growth and profitability as subscriber numbers fell in Thailand and Malaysia in the third quarter and after the carrier failed to merge its Danish operations with those of Swedish rival TeliaSonera AB. Telenor said Wednesday it expects a margin on adjusted earnings before interest, taxes, depreciation and amortization of 34 percent to 35 percent this year and sales growth of around telenor5 percent, excluding acquisitions, divestments and currency fluctuations. Th...

Winners of Carmudi Drive Next Contest awarded

The lucky winners of Carmudi Drive Next Contest, organized by the leading online car classified of Bangladesh, Carmudi and Radio Next 93.2 FM, were announced and awarded at the Prize Giving Ceremony held at Radio Next 93.2 FM office in Mohakhali area of the capital yesterday. Carmudi Drive Next had the listeners and followers answer various car related questions aired Prize giving of Carmudi Drive Nexton Radio Next 93.2 FM, through texting to the given number or by post on their Facebook page. One lu...

Oracle extends cloud leadership for IT operation

Oracle recently announced Oracle Management Cloud (OMC), a suite of next-generation integrated monitoring, management and analytics solutions for IT organizations. Part of the Oracle Cloud Platform, the new services enable a real-time, collaborative environment in which DevOps leaders, line-of-business managers and business analysts have a clear end-to-end view into the applications and technologies that support business services. oracle_summit_09252013_620_412_100The three newly available services...

China close to join IMF’s Reserve Currency Basket

Special Drawing Rights (SDR) plays an important role in the global financial system. Technically it constitutes an international reserve asset that helps maintain balance between countries with big external liabilities and those flush with cash. In practice, they are more marginal, as countries largely rely on capital markets and hard currencies to cover their obligations, according to the editorial of the current (July-September 2015 issue) News Bulletin of International Chamber of Commerce-Bangladesh (ICCB) released today. The International Monetary Fund (IMF) will consider including China’s currency (known alternately as the Yuan/ Renminbi/ RMB) in the basket of currencies that make up its Special

Drama Festival at RU begins

An eight-day drama festival with the participation of the theatre troupes from Bangladesh and India will begin at Rajshahi University today. RU theatre department and Indian High Commission in Bangladesh will jointly organise the festival while a total of ten dramas will be staged by the ten participating theatre troupes from Bangladesh and India at the university Kazi Nazrul Islam auditorium. The festival will begin with staging of Tiner Talowar, directed Mehbub Alam and performed by Tiner Tolwar 7the Rajshahi University theatre troupe,...
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