• Thursday, January 29, 2015

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China

Pentagon official urges Nato to focus on innovative weapons

Pentagon official urges Nato to focus on innovative weapons

US Deputy Defence Secretary Robert Work on Wednesday urged Nato allies to develop and make more innovative weapons, and said bold action was needed to stay ahead of rapid weapons development by China, Russia and other countries. Work said the Pentagon has a new plan called "Defence Innovation Initiative" and a separate effort targeting...

Apple posts the biggest quarterly profit in history

Apple posts the biggest quarterly profit in history

US technology giant Apple has reported the biggest quarterly profit ever made by a public company. Apple reported a net profit of $18bn (£11.8bn) in its fiscal first quarter, which tops the $15.9bn made by ExxonMobil in the second quarter of 2012, according to Standard and Poor's. Record sales of iPhones were behind the surge...

Data centre, purchase of ships get green light

China's state-owned ZTE Holdings Company and ZTE Corporation yesterday won a contract to set up the national data centre at Kaliakoir hi-tech park in Gazipur. The development comes after the cabinet committee on economic affairs approved the proposal from the Information and Communication Technology Division. The committee also allowed the shipping ministry to procure six ships -- three bulk oil tankers and three oil carriers -- from China National Machinery Import & Export Corp for $184 million. The two projects will be...

Obama's India visit aimed at containing China: Report

Obama's India visit aimed at containing China: Report

As US President Barack Obama arrived in India for an unprecedented second visit, a wary Beijing kept a close watch on its outcome amid commentaries by official think tanks here that the trip is aimed at containing China but New Delhi will not fall for it, reports The Times of India quoting PTI. Obama's...

Shanghai new year crush kills 36

Shanghai new year crush kills 36

A crush at New Year's Eve celebrations in Shanghai has killed 36 people and injured some 47 others, Chinese officials say. The crush happened in Chenyi Square in Shanghai's historic Bund district overlooking the Huangpu river. Thousands of people had gathered to see in 2015. Social media reports suggest the stampede was triggered by people stopping...

Global celebrations bring in 2015

Global celebrations bring in 2015

Celebrations for the start of 2015 have taken place across Asia and Europe, with firework displays in a host of major cities. New Zealand led the way, with Sydney Harbour providing a spectacular backdrop to Australia's display. There was shock in Asia as a crush in Shanghai, China saw 35 people die marking the start...

PM inaugurates Dhaka Int’l Trade Fair

PM inaugurates Dhaka Int’l Trade Fair

Prime Minister Sheikh Hasina told businessmen to increase productivity to survive in the competitive world of today while opening the Dhaka International Trade Fair. She urged them to make more quality, standard and attractive products. She formally inaugurated the month-long annual mega-event Dhaka International Trade Fair-2015 this morning, which is aimed to showcase Bangladeshi products...

BANGLADESH-CHINA RELATIONS

The challenge of competitive cooperation

The challenge of competitive cooperation

BANGLADESH'S foreign policy under Prime Minister Sheikh Hasina seems to focus more on the 'East', envisioning a future course more geared towards China, rather than the 'West'. A number of Bangladesh's mega projects, including the Padma Bridge and the Ganges barrage, were given to Chinese Companies. The Agreement on 'deep sea port' which...

Gas explosion kills 17 in China

Gas explosion kills 17 in China

A Gas explosion at an auto parts factory killed 17 people and injured 20 on Wednesday morning in the southern city of Foshan, Chinese officials said. District officials in Foshan said in a statement that rescue work is under way at the site of the explosion. The Southern Metropolis Daily reported that witnesses heard three...

Eyes on 5 priority areas

Eyes on 5 priority areas

China has identified commerce, agriculture, industrial development, energy, and infrastructure development sectors of Bangladesh for its high priority investment and support. It also promised to stand by Bangladesh during its “emergency needs”. It assured Bangladesh of assisting in the construction of the Dhaka-Cox's Bazar broad-gauge rail lines, setting up of a coal-based power plant and a rice research centre, and exploration of oil and natural gas.   The assurances came during the three-day visit of Chinese Foreign Minister Wang Yi. Wang left Dhaka for Beijing yesterday. Bangladesh Foreign Minister Abul Hassan Mahmood Ali briefed the media at the conference room of the foreign ministry yesterday about the outcome of Wang's visit.   He said China assured...

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