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Economy and Business
  Telecommunications service provider Bharti Airtel Wednesday, Oct 30, said Mahindra Comviva would manage its value added services (VAS) solutions under a strategic partnership model for its Bangladesh operations.
 

A lot of wage-related discussions are often put forward in Bangladesh. A common factor used in these discussions is the dollar comparison of wages among countries. Dollar comparison between countries can be justified if one is to look at factors such as ‘competitiveness.’

 

The Asian Development Bank (ADB) will provide a $110-million loan for investment in private-sector infrastructure projects in Bangladesh, including renewable energy, the bank said on Monday, Oct 21.

 
Connectivity is the buzzword in Southeast Asia as countries in the region are seeking greater air linkages with India to boost tourism and trade and bring the two regions closer together.  
 

Connectivity is the buzzword in Southeast Asia as countries in the region are seeking greater air linkages with India to boost tourism and trade and bring the two regions closer together.

 

The Central Bank of Sri Lanka cut policy rates by 50 basis points, pushing its repurchase rate to 6.50 percent and the reverse repurchase rate to 8.50 percent to boost credit amid a volatile global environment, Xinhua reported Tuesday, Oct 15, citing a bank statement.

 

India has joined issue with the International Monetary Fund (IMF) over the paring down of its growth rate from 5.6 percent to 3.8 percent since July saying India didn't share "this pessimistic outlook".

 

With India's slowdown having significant spillover effects to the rest of South Asia, the World Bank wants governments to work harder on reforms to raise growth in a region with the world's most poor.

 

Bangladesh's export earning in the first quarter of the current 2013-14 fiscal year (July 2013-June 2014) grew 21.24 percent year-on-year to $7.63 billion, official data showed Wednesday, Oct 9.

 

CII-Sohrabji Godrej Green Business Centre (GBC) has offered to help Pakistan in establishing a similar centre, which can act as a catalyst in green business initiative in the country.

 


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