Category: Business

Two-Stage Advance Facility Simplifies Loan Restructuring

Two-Stage Advance Facility Simplifies Loan Restructuring

Bangladesh Bank has recently issued new guidelines aimed at facilitating the recovery and financial stabilisation of institutions affected by non-performing loans. Under the previous framework, borrowers applying for loan restructuring were required to pay the full advance amount in a single instalment. The revised policy eases this requirement, allowing the advance to be disbursed in […]
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Bangladesh Bank Extends Loan Rescheduling for Jute Exporters

Bangladesh Bank Extends Loan Rescheduling for Jute Exporters

In a timely move to alleviate financial pressure on jute exporters, Bangladesh Bank has extended the deadline for applying for loan rescheduling. The decision comes as the country’s raw jute export sector, one of the nation’s key foreign currency earners, faces multiple challenges, including shipping delays, fluctuating raw material prices, and declining international market values. […]
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কৃত্রিম বুদ্ধিমত্তার চেয়ে মানব পরামর্শদাতাকে অগ্রাধিকার দিচ্ছে ফিলিপিনো যুবসমাজ Filipino Youth Prefer Human Advisors Over AI

Filipino Youth Prefer Human Advisors Over AI

Manila, Philippines — Despite the rapid expansion of artificial intelligence (AI) and digital financial technologies, young Filipinos continue to place the highest value on human financial advisors when it comes to life and health insurance. This trend highlights the confidence of the country’s youth in their financial future and underscores a preference for personalised guidance […]
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Prime Bank, Wecon Seal Housing Pact

Prime Bank, Wecon Seal Housing Pact

Prime Bank PLC has entered into a strategic partnership with Wecon Properties Ltd aimed at broadening access to structured and customer-friendly home financing solutions across Bangladesh’s growing urban centres. The agreement is expected to facilitate improved affordability and streamlined processes for prospective homeowners seeking quality residential apartments developed by Wecon. The signing ceremony took place […]
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Trade Deficit Widens Despite Inflows

Trade Deficit Widens Despite Inflows

Fresh concerns have emerged over the country’s external trade position as the gap between merchandise imports and exports expands sharply, placing renewed strain on the broader economy. Although a robust rise in remittance inflows and a surplus in the overall balance have offered a measure of relief, stagnating export earnings coupled with rising import expenditure […]
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Global Insurance Industry Advances

Global Insurance Industry Advances

Between 16 and 20 February, the international insurance sector experienced notable developments spanning leadership restructuring, regulatory oversight, strategic realignment, product innovation, and digital transformation. Collectively, these movements underscore an ongoing structural evolution across global markets, particularly within Asia. In terms of executive leadership, a major global brokerage and risk advisory firm appointed a new Chief […]
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Dai-ichi Life Raises Profit Forecast

Dai-ichi Life Raises Profit Forecast

Dai-ichi Life has upgraded its full-year earnings guidance, reflecting improved investment conditions, firmer bond yields and sustained policy retention, according to an analysis published on 17 February 2026. The insurer has raised its adjusted profit forecast for the financial year ending March 2026 to $3.3 billion (¥500 billion), an increase of $0.2 billion (¥30 billion) […]
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Private Banks’ Lending Surge Raises Alarm

Private Banks’ Lending Surge Raises Alarm

Aggressive credit expansion by private commercial banks is heightening systemic risk within the national banking sector, according to a recent analytical report issued by the central bank. The assessment identifies three converging pressure points: lending beyond regulatory ceilings, a sustained rise in non-performing loans, and a marked slowdown in deposit growth. Together, these dynamics are […]
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HDI Global Targets Major International Expansion by 2029

HDI Global Targets Major International Expansion by 2029

HDI Global has unveiled a precise four-year strategic plan spanning 2026 to 2029, aimed at accelerating international expansion while strengthening profitability. Branded Accelerate29, the strategy focuses on global growth, disciplined underwriting, claims management, workforce development, and targeted technological investments. The executive team described the plan as a coordinated approach that combines “operational excellence” with rapid […]
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