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Knowledge Update

World Bank to give Bangladesh $6 bn credit

Dhaka, April 21 (IANS) The World Bank has pledged to give $6 billion in credit to Bangladesh over the next three years.

The announcement came after Finance Minister AMA Muhith held a meeting with the global bank's Vice President for South Asia Region, Annette Dixon, at its Washington D.C.

China opens new freight train service to Moscow

Beijing, April 21 (IANS) China on Friday launched a new freight train service linking Xiamen city with Moscow.

The train with 40 containers left the station carrying goods worth $363,000 including granite, lighting supplies, artificial flowers and shoes, Xinhua news agency repored.

Apple plans recycled material for its products

New York, April 20 (IANS) With an aim to help put an end to mining on earth, Apple has said it is planning to use 100 per cent recycled material to manufacture its products.

Citing concern for the planet's future, the tech titan made this announcement on Wednesday, just ahead of the annual Earth Day celebration in its "2017 Environment

Australia unveils major changes to citizenship process

​Canberra, April 20 (IANS) Prime Minister Malcolm Turnbull has announced major changes to citizenship laws, making it tougher for foreign nationals to become Australian citizens.

Japan records $5.64 bn trade surplus in March

​Tokyo, April 20 (IANS) Japan achieved a trade surplus of $5.638 billion in March, its second consecutive month of surplus since the beginning of the year, the government reported on Thursday.

Nokia ready to work with Chinese partners on innovation

​Helsinki, April 18 (IANS) Among a series of documents signed by Chinese President Xi Jinping and his Finnish counterpart Sauli Niinisto here in April, the innovation partnership impressed Nokia's head Risto Siilasmaa the most.

Myanmar's trade value increases in 2016

Nay Pyi Taw, April 18 (IANS) Myanmar's total foreign trade increased by $1.086 billion in the just-ended fiscal year 2016-2017 from the previous fiscal year 2015-2016, the Ministry of Commerce here said on Tuesday.

China's GDP growth at 6.9% in Q1

​Beijing, April 17 (IANS) China's economy got off to a strong start in the first quarter, with the GDP growing at 6.9 per cent year-on-year, according to data released by the National Bureau of Statistics on Monday.

1 mn foreign nationals worked in China last year

Beijing, April 17 (IANS) Almost one million foreign nationals worked on the Chinese mainland in 2016, the media reported on Monday.

In the 1980s, less than 10,000 foreigners came to China for work each year, Zhang Jianguo, head of China's State Administration of Foreign Expert Affairs said on Sunday during

Apple may invest billions in Toshiba's chip business

​San Francisco, April 14 (IANS) Aiming to secure a stable supply of memory chips for its iPhones, US tech giant Apple may invest billions of dollars to obtain a substantial stake in struggling Japanese conglomerate Toshiba's chip business, media reported on Friday.