Falcon Insurance Company and Bank Muscat have entered into an agreement to offer life insurance cover to all customers availing consumer loans from the bank in the region. Based on the terms of the agreement, all existing and new ...
Randall & Quilter Investment Holdings Ltd (‘R&Q’ or the ‘Group’) is pleased to announce that it has acquired the entire issued share capital of Flagstone Alliance Insurance and Reinsurance LTD (‘FAIR’), a ...
Bangladesh’s central bank, Bangladesh Bank, has announced creation of a Tk 1 billion refinance fund for the country’s jute sector. Addressing a press conference, Bangladesh Bank’s deputy governor SK Sur Chowdhury ...
Tags: jute sector, Bangladesh Bank
China has set the 2014 crude oil import quota for non state-owned companies at 29.1 million mt (about 582,000 b/d), unchanged from this year, the Ministry of Commerce said Friday. Companies wishing to apply for crude import licenses ...
Tags: Non State-Owned Crude
Scottish ministers have issued a tender for the provision of IT staff for public sector organisations in Scotland. The tender, found on the Official Journal of the European Union (OJEU), states that the framework agreement is available ...
Tags: Computer Products, software
China will continue to pursue reforms to improve the quality and efficiency of economic development, while maintaining macroeconomic stability, said China 's central bank deputy chief on Saturday. "The Chinese economy maintained a ...
Tags: Quality of Growth
rue21, inc., a leading specialty apparel retailer of girls and guys apparel and accessories, and Apax Partners, a global private equity firm, announced the completion of the acquisition of rue21 by funds advised by Apax Partners for $42.00 ...
Tags: Apax Partners, Apparel Retailer
US investment bank Goldman Sachs is said to have sold out shares controlled in Chinese automaker Geely Automobile Holdings Ltd. (SEHK: 0175). Sources said on October 8 that Goldman Sachs would sell a total of 580 million shares ...
Tags: Auto, Transportation
Greenland Hong Kong issued USD 700 million bonds to expire in 2016, with annual interest rate of 4.75%, and the interests will be paid every half a year. Net raised capital of CNY 695 million will be used for refinancing for existing ...
Engaged in software development and system integration, PCI-Suntek Technology Co., Ltd. (SHSE: 600728) revealed that it will also participate in establishing a private bank. The company said that the private bank will be formed with other ...
Tags: Private Bank, economy, software
According to data released by Paraguay's central bank, the country's imports of steel flat products totaled 7,229 tons in September, slumping by 35% from 11,119 tons in August. It's learned that the country's main steel flat imports are ...
Tags: Flats, steel, Construction
Chinese shipbuilders have been sailing toward bankruptcy in recent years, with China trying to consolidate the industry and bail it out from the woe of overcapacity. With delays in deliveries, order cancellations and price decreases for ...
Interface, Inc., a worldwide floor coverings company and global leader in sustainability, announced that it has elected to redeem $27.5 million in aggregate principal amount of its 7 5/8% Senior Notes due 2018 (the "Notes") at a price ...
Tags: Interface, floor coverings
BATEXPO 2013, the country's largest garments export fair, kicked off on Thursday. Prime minister Sheikh Hasina inaugurated the annual three-day expo, hosted by Bangladesh Garment Manufacturers and Exporters Association, at Sonargaon ...
Tags: Garments Export
Hongkong Land was said to be organizing a domestic loan of CNY 2.6 billion to CNY 2.8 billion or USD 425 million to USD 457 million to build a Wangfujing international brand center. The company has contacted with several Chinese and ...
Tags: Hongkong, Wangfujing Center, economy