Category: Business

Bangladesh Bank Raises Mobile Payment Purchase Limits

Bangladesh Bank Raises Mobile Payment Purchase Limits

Bangladesh Bank has announced a significant increase in the limits for purchasing digital goods and services using mobile phone balances. The move is aimed at promoting digital transactions and making both government and private services more accessible to consumers. Under the new guidelines, an individual customer can now spend up to Tk 2,000 per month […]
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Philippines, Mongolia Strengthen Deposit Insurance Cooperation

Philippines, Mongolia Strengthen Deposit Insurance Cooperation

In a landmark development aimed at enhancing financial market stability and fostering international collaboration, the Philippines’ Deposit Insurance Corporation (PDIC) and Mongolia’s Deposit Insurance Corporation (DICoM) have signed a historic Memorandum of Understanding (MoU). This marks the first direct partnership between the two institutions and represents a significant step towards experience sharing and capacity building […]
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Cautious Steps Towards Artificial Intelligence in Insurance

Cautious Steps Towards Artificial Intelligence in Insurance

Despite surging global enthusiasm for artificial intelligence (AI), the insurance sector remains notably cautious in embracing the technology at scale. A recent report by the research and analytics firm IDC reveals that while most insurers recognise AI’s strategic potential, only a small minority have progressed beyond experimentation to meaningful, enterprise-wide deployment. The study, commissioned by […]
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ACI Returns to Profit, Announces Strategic Investments

ACI Returns to Profit, Announces Strategic Investments

After enduring two consecutive years of losses, one of Bangladesh’s leading industrial conglomerates, ACI Limited, has returned to profitability. In the first half of the current financial year (July–December 2025), the company reported a consolidated net profit of BDT 30 crore. This marks a remarkable turnaround compared with a net loss of BDT 65 crore […]
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Zenith Islami Life Holds Executive Conference in Bandarban

Zenith Islami Life Holds Executive Conference in Bandarban

In the serene, Himalayan-inspired landscapes of Bandarban, Zenith Islami Life recently hosted a high-level executive conference for its senior management. The special gathering took place on Monday, 2 February 2026, at the Hill View Resort conference hall, welcoming over 200 company executives. The event, designed as an exclusive “executive get-together,” aimed to foster knowledge-sharing, stimulate […]
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Record Growth in India’s Insurance Premiums

Record Growth in India’s Insurance Premiums

India’s insurance sector has experienced a remarkable transformation over the past decade, evolving from an agent-centric model to a more integrated omni-channel distribution approach. According to a recent report by CareEdge Ratings, total insurance premiums surged from $45.7 billion (₹4,150 billion) in the 2015 fiscal year to $131.2 billion (₹11,930 billion) in FY 2025, reflecting a compound annual growth rate […]
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Central Bank Urge Sonali Bank to Expand Lending Activity

Central Bank Urge Sonali Bank to Expand Lending Activity

Dr. Ahsan H. Mansur, Governor of Bangladesh Bank, on Monday called on state-owned Sonali Bank Limited to adopt a more proactive role in expanding its lending portfolio. Speaking at the bank’s Annual Conference 2026, held at the International Convention Centre, he emphasised that the institution must operate fully as a commercial bank and actively contribute […]
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Port Congestion Threatens Ramadan Food Supplies

Port Congestion Threatens Ramadan Food Supplies

Chittagong Port is grappling with severe operational disruptions as ongoing strikes by employees and labourers continue to delay the clearance of essential food imports ahead of Ramadan. Key commodities such as dates, lentils, sugar, and other staple items are facing significant hold-ups, raising concerns over potential supply shortages in domestic markets and increasing financial risks […]
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Cambodia Insurance Sector Sees Mixed Premium Performance

Cambodia Insurance Sector Sees Mixed Premium Performance

Cambodia’s insurance sector recorded a marginal decline in total premiums in November 2025, reflecting contrasting trends between life and general insurance segments. According to data released by the country’s insurance regulator, total written premiums reached $26.3 million, marking a 0.1% year-on-year (YoY) decrease. The life insurance segment experienced a notable downturn, with premiums falling to […]
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