Miscellany

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    Singapore mansion sets record with $167m sale

    Reuters . Singapore | Updated at 12:00am on August 02, 2019

    A Singapore mansion sitting on a sprawling plot of land has been sold for a record S$230 million ($167 million), the latest in a string...

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    US Fed cuts rates

    Reuters . Washington | Updated at 12:00am on August 02, 2019

    The Federal Reserve cut interest rates on Wednesday, but the head of the US central bank said the move might not be the start of...

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    World food prices ease for second month: FAO

    Reuters . Rome | Updated at 12:00am on August 02, 2019

    World food prices eased for a second month running in July after five consecutive monthly gains, pushed down by falls in the prices of some...

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    BIA warns insurers not to pay more than 15pc

    Staff Correspondent | Updated at 12:00am on August 02, 2019

    The Bangladesh Insurance Association on Thursday warned its member insurance companies against giving more than 15 per cent of insurance premiums as commission to agents...

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    Kamran re-elected BEF president, Habibullah elected VP

    Staff correspondent | Updated at 12:00am on July 31, 2019

    Kamran T Rahman has been re-elected as president and Habibullah N Karim as vice-president of Bangladesh Employers’ Federation for the two-year term 2019-2021. Other members...

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    Rahmatullah elected chairman of Pioneer Insurance

    Business Desk  | Updated at 12:00am on July 31, 2019

    AKM Rahmatullah has been elected chairman of Pioneer Insurance Company at its 214th board meeting recently, said a press release. He is a member of...

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    Quddus re-elected as chairman of Rupali Insurance

    Business Desk | Updated at 12:00am on July 30, 2019

    Mostafa Golam Quddus has been re-elected as the chairman of Rupali Insurance Company at its 187th meeting recently, said a press release. Quddus is the...

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    India bond yields fall as fin min reaffirms foreign bond issue plan

    Reuters . Mumbai | Updated at 12:00am on July 30, 2019

    Indian bond yields dropped sharply on Monday after the finance minister said the government won’t change its plan to issue sovereign bonds and that she...

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    India fin min says no rethink on overseas sovereign bonds

    Reuters . New Delhi | Updated at 12:00am on July 29, 2019

    Finance minister Nirmala Sitharaman has ruled out reconsidering a plan to issue foreign currency overseas sovereign bonds, she was quoted as saying in an interview...

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    Pakistan raises $500m through Islamic syndicated loan

    Reuters . Dubai | Updated at 12:00am on July 29, 2019

    The government of Pakistan has raised $500 million through an Islamic syndicated loan provided by a consortium of 12 banks, it said in a statement...

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