GDP growth forecast for Bangladesh cut to 6.1% for 2014-15

DHAKA, April 21 (NsNewsWire) — Bangladesh’s economic and social progress notwithstanding, the country still faces a number of medium- to longer-term challenges. GDP growth in FY2015 is projected at 6.1%, lower than the 6.4% forecasted by the Asian Development Outlook 2014 Update, launched in September 2014. However, growth is expected to rise to 6.4% in FY2016, […]

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Tarique Rahman seeks political asylum

Londong, April 21 (NsNewsWire) — Exiled Bangladesh opposition leader Tarique Rahman has accused the Sheikh Hasina government of “state terrorism” and called on the country’s trading partners and the United Nations to press for a restoration of real democracy in the south Asian nation of 160m people. As Mr Rahman was speaking to the Financial […]

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Chinese president arrives in Islamabad for state visit

ISLAMABAD, April 20 (Xinhua) — Chinese President Xi Jinping arrived here Monday for his first state visit to Pakistan, a South Asian neighbor that Beijing has long described as an “iron friend.” Xi’s trip is expected to focus on strengthening bilateral ties and advancing the construction of the China-Pakistan Economic Corridor, a planned network of […]

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China’s growth slows to 7 pct in Q1

BEIJING, April 15 (Xinhua) — China’s economic growth slowed to 7 percent in the first quarter of 2015, down from 7.3 percent in the fourth quarter, the National Bureau of Statistics (NBS) announced on Wednesday. The latest figure was better than the forecasts by multiple institutions that first-quarter growth would fall slightly below 7 percent […]

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Tens of thousands join procession to usher in Bengali New Year

DHAKA, April 14 (Xinhua) — Tens of thousands of Bangladeshi people wearing masks and traditional dress Tuesday morning joined the colorful Mangal Shobha Jatra procession in the capital Dhaka to welcome the Bengali New Year with good spirits. They carried large symbolic figures of a fish, a horse, a tiger and an elephant all made […]

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2016 U.S. presidential race likely to be showdown between two families

WASHINGTON, April 13 (Xinhua) — As many in and outside the U.S. have anticipated, former Secretary of State Hillary Clinton finally said “Yes, I am running for president” on Sunday. With rich experience on the political stage that could attest to her leadership skills and unrivaled popularity among all possible Democratic candidates, Clinton is most […]

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