Category: Business

Bangladesh Current Account Nearly Doubles FY25

Bangladesh Current Account Nearly Doubles FY25

Bangladesh’s current account balance surged sharply in the 2024-25 fiscal year, reflecting strong remittance inflows and sustained export growth. Yet, a persistent trade deficit continued to weigh on the country’s external position. Official data from the Bangladesh Bank showed that the current account balance rose by nearly 98 per cent year-on-year, reaching Tk 15.1 billion. […]
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Dhaka Bank Signs Landmark Corporate Health Partnership

Dhaka Bank Signs Landmark Corporate Health Partnership

Dhaka Bank PLC and Ascent Health Limited formalised a Corporate Health Agreement on 30 March 2026, reinforcing their commitment to employee and customer well-being. The signing ceremony took place at the Dhaka Bank PLC Head Office, drawing senior leadership from both organisations. The Memorandum of Understanding (MoU) was officially signed and exchanged by Md. Mostaque […]
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CORPnet Sets New Digital Milestone

CORPnet Sets New Digital Milestone

BRAC Bank’s corporate internet banking platform, CORPnet, achieved a significant milestone in 2025 by processing transactions worth Tk 2.273 trillion (Tk 227,321 crore) across nearly 8 million digital transactions. The strong performance highlights the deepening integration of digital solutions within Bangladesh’s corporate financial ecosystem. The platform registered a 43 per cent increase in transaction value […]
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Rising Wage Gaps in Global Insurance Sector

Rising Wage Gaps in Global Insurance Sector

The global insurance industry is increasingly marked by stark disparities in earnings between frontline sales agents and senior executives. While sales personnel rely heavily on performance-based commissions, executives enjoy substantial and often multi-million-dollar compensation packages. These gaps are influenced by region, experience, and the scope of responsibility. In North America, insurance sales agents earn a […]
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Bangladesh Trails in Travel Insurance Sector

Bangladesh Trails in Travel Insurance Sector

While travel insurance is experiencing rapid expansion globally, Bangladesh remains significantly behind in adopting this essential safety net for travellers. As international tourism increasingly prioritises risk management, the role of travel insurance has become vital. Yet, within Bangladesh, its utilisation is still limited and largely confined to outbound tourists. Travel insurance protects travellers against unforeseen […]
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Bangladesh Bank to Launch Islamic Interbank Market

Bangladesh Bank to Launch Islamic Interbank Market

Bangladesh Bank has decided to establish an Islamic interbank money market by June of the current fiscal year, creating a dedicated platform for Shariah-compliant banks to manage short-term liquidity efficiently. The move addresses a critical gap in the financial system, as Islamic banks cannot currently access the conventional call money market due to religious restrictions. […]
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AB Bank, Scholastica Sign Education MoU

AB Bank, Scholastica Sign Education MoU

AB Bank PLC. has entered into a strategic partnership with Scholastica School through the signing of a Memorandum of Understanding (MoU), providing substantial educational benefits for the children of the bank’s permanent staff. Under the agreement, eligible students will receive up to 50% off admission fees, enabling easier access to one of the country’s leading […]
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Prime Bank Expands Customer Rewards

Prime Bank Expands Customer Rewards

Prime Bank PLC has entered into a strategic partnership with Vista Electronics Ltd., aiming to deliver exclusive discounts and enhanced purchasing benefits to its customers. The agreement was formally signed at the bank’s corporate office in Dhaka, reflecting a shared commitment to providing greater value through collaborative initiatives. Under the terms of the partnership, customers […]
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India Reduces Fuel Duties Amid Price Surge

India Reduces Fuel Duties Amid Price Surge

India has taken significant steps to control domestic inflation by reducing excise duties on petrol and diesel, a move aimed at easing pressure on consumers and oil marketing companies. The country’s economy, heavily dependent on energy imports, has been particularly vulnerable to rising crude prices in the international market following Middle East tensions. The situation […]
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