Category: Business

Rising Cyber Threats Highlight Insurance Necessity

Rising Cyber Threats Highlight Insurance Necessity

Allegations of a cyberattack on Shopno, one of Bangladesh’s leading retail chains, have reignited national concern over digital security, emphasising the growing importance of cyber insurance. The purported incident, said to have occurred in December 2025, has been widely discussed across social media platforms and cybersecurity forums, though official verification is still pending. Media reports […]
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Bangladesh Insurance Sector in Critical Distress

Bangladesh Insurance Sector in Critical Distress

Bangladesh’s insurance sector is currently facing a critical period of instability, driven by weak policies, regulatory lapses, and diminishing public trust. Analysts warn that unless swift and decisive reforms are implemented, the sector’s future remains highly uncertain, with potential repercussions for the country’s overall financial stability. Policy Weaknesses Undermine Confidence A key factor behind the […]
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Last Chance for Tax Filing

Last Chance for Tax Filing

With the extended deadline drawing to a close, taxpayers across Bangladesh have until Tuesday to submit their income tax returns, marking the final opportunity after multiple deadline extensions this fiscal year. Authorities have emphasised that no further extensions are expected, placing urgency on individuals yet to comply. The submission process is now entirely digital, administered […]
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Central Bank Sets New Digital Security Rules

Central Bank Sets New Digital Security Rules

Bangladesh Bank has unveiled a detailed regulatory framework to strengthen the security and reliability of digital communications across the country’s financial sector. The newly issued directive, Guidelines on Partner Network, Version 1.0 (2026), aims to ensure seamless connectivity while safeguarding sensitive financial data in an increasingly digitalised environment. In a circular released on Sunday, the […]
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Non-Life Insurance Claims Largely Unsettled

Non-Life Insurance Claims Largely Unsettled

In 2025, Bangladesh’s non-life insurance sector disbursed 1,242 crore taka in claims, leaving a striking 3,599 crore taka unresolved. This indicates that only 8.56% of claims were settled, while 91.44% remain pending, underscoring a significant challenge in claims management within the sector. The Insurance Development and Regulatory Authority (IDRA) released this information through its four […]
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Import Costs Surge Amid Insurance Hikes

Import Costs Surge Amid Insurance Hikes

Rising tensions surrounding the strategically vital Hormuz Strait are beginning to affect Bangladesh’s imports of energy and essential food products, including dates. Despite recent government measures to lower import duties, market prices have not decreased as expected due to supply disruptions, higher shipping costs, and increased insurance premiums. NDTV reports that in April 2026, the […]
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Loan Defaults Hit One-Third of Bank Portfolios

Loan Defaults Hit One-Third of Bank Portfolios

The share of defaulted loans in Bangladesh’s banking sector has surged to 31.20% by the end of the December quarter, according to the latest update from Bangladesh Bank. This marks a sharp rise from 19.90% in the same period last year, signalling both regulatory adjustments and the exposure of long-hidden financial irregularities. In monetary terms, […]
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When Compassion Outperforms Commerce

When Compassion Outperforms Commerce

In the fiercely competitive world of global fast food, dominance is typically associated with expansive marketing, consistent branding, and vast financial resources. Yet in Saudi Arabia, industry titans such as KFC and McDonald’s have been unable to eclipse the remarkable influence of a local favourite—Al-Baik. This enduring success story is not rooted in aggressive expansion […]
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Insurance Sector Expands with Partnerships, Tech Boost

Insurance Sector Expands with Partnerships, Tech Boost

The insurance industry experienced a notably active week from 23 to 27 March 2026, as companies announced new partnerships, product launches, and expanded technology investments. Hiring trends remain stable, mergers and acquisitions continue to recover, and leaders maintain cautious optimism amid ongoing economic, technological, and environmental challenges. New Collaborations and Product Innovations Several high-profile collaborations […]
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