Miscellany

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    Weaker rupee, regulations make real estate attractive for NRIs

    Press Trust of India . Mumbai | Updated at 12:05am on September 24, 2018

    A fluctuating rupee, and introduction of various regulations to bring in transparency and accountability, are making real estate more lucrative for non-resident Indians (NRIs), experts...

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    Nepal restores $2.5 billion hydropower plant contract to Chinese co

    Reuters . Kathmandu | Updated at 12:05am on September 24, 2018

    Nepal’s new government has reversed its predecessor’s decision and has asked China Gezhouba Group Corporation to build the nation’s biggest hydropower plant, an official said...

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    JV of Nippon Steel, Mcdonald Steel to invest $59m in MEZ

    Staff Correspondent | Updated at 12:05am on September 24, 2018

    Japan’s steelmaker Nippon Steel and Sumikin Bussan Corporation and Bangladesh’s Mcdonald Steel Building Products Limited are going to jointly invest $59.19 million in the Mirsarai...

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    Bribery rife at Mongla, Burimari ports, customs offices

    Staff Correspondent | Updated at 11:30pm on September 23, 2018

    Businesses and stakeholders are forced to pay bribe at almost all service delivery points both at Mongla port and customs house and Burimari land port...

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    Bug in cake gives Ikea India fresh embarrassment

    Agence France-Presse . Mumbai | Updated at 12:00am on September 23, 2018

    Ikea’s first store in India faced a fresh sticky problem on Friday after a customer said he found an insect emerging from chocolate cake served...

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    WB vice president due today

    Bangladesh Sangbad Sangstha . Dhaka | Updated at 12:00am on September 23, 2018

    World Bank (WB) vice president for the South Asia Region Hartwig Schafer arrives in Dhaka today to further deepen the longstanding partnership between Bangladesh and...

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    Argentina bets on $600m satellite to boost agriculture sector

    Reuters . Buenos Aires | Updated at 12:00am on September 23, 2018

    Argentina is launching a new microwave imaging satellite to monitor natural disasters and soil moisture, in a long-term bid to bolster the farm sector, an...

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    China more confident after stabilising yuan

    Reuters . Shanghai/Beijing | Updated at 12:00am on September 23, 2018

    China’s ability to stabilize the yuan in recent weeks despite weak economic data and a further escalation in its trade war with the United States...

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    No-deal Brexit would have limited impact on German labour market: report

    Reuters . Berlin | Updated at 12:00am on September 23, 2018

    Chancellor Angela Merkel’s government expects the impact of a no-deal Brexit on the labour market in Europe’s biggest economy would be ‘relatively small’, the German...

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    Oil prices slip after Trump criticises OPEC

    Reuters . London | Updated at 12:05am on September 21, 2018

    Oil prices slipped on Thursday after US president Donald Trump called on OPEC to ‘get prices down now!’ ahead of a meeting of major oil...

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