Category: Business

Global Markets Slide as US Jobs Cool and Oil Prices Fall Global Markets Slide as US Jobs Cool and Oil Prices Fall

Global Markets Slide as US Jobs Cool and Oil Prices Fall

Global financial markets moved cautiously lower on Tuesday as investors weighed fresh signs of a cooling United States labour market against shifting geopolitical expectations surrounding the war in Ukraine. The combination of softer economic signals from the world’s largest economy and renewed optimism over a potential peace settlement weighed on equities, commodities and currencies, prompting […]
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Central Bank Refuses Bailouts for Failing Lenders Amid Strong Remittance Growth Central Bank Refuses Bailouts for Failing Lenders Amid Strong Remittance Growth

Central Bank Refuses Bailouts for Failing Lenders Amid Strong Remittance Growth

Amid growing public unease over the health and resilience of Bangladesh’s banking system, Bangladesh Bank has adopted a notably firm and carefully articulated position, seeking to remove ambiguity about its role during periods of financial distress. With non-performing loans (NPLs) continuing to climb and several commercial banks showing signs of acute vulnerability, the central bank […]
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news thumbnail 1765957602948 Innovative Solutions Could Bridge Asia’s Insurance Gap

Innovative Solutions Could Bridge Asia’s Insurance Gap

Asia is confronting an escalating insurance crisis, with protection gaps widening at an alarming rate. A recent survey by the Global Asia Insurance Partnership (GAIP) across twelve Asian markets reveals a stark reality: since 2017, the health insurance gap has surged by 21% to $258 billion, while life insurance shortfalls have expanded even faster, rising […]
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news thumbnail 1765950339205 IDRA and BIA Discuss Proposed Insurance Law Amendments

IDRA and BIA Discuss Proposed Insurance Law Amendments

In a pivotal move aimed at modernising and enhancing the effectiveness of Bangladesh’s insurance sector, a high-level meeting was held between the Insurance Development and Regulatory Authority (IDRA) and the Bangladesh Insurance Association (BIA) working committee. The discussion took place on Sunday, 14 December, at the IDRA headquarters in Dhaka, signalling a significant step toward […]
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Detailed Analysis of Bangladesh Taka Exchange Rates Today 2 Implications of Today’s Exchange Rates for Local and International Trade

Implications of Today’s Exchange Rates for Local and International Trade

The expansion of Bangladesh’s international trade activities has made currency exchange rates a matter of critical importance for business planning and operational efficiency. On Tuesday, 16 December, Bangladesh Bank released the current exchange rates of the Bangladeshi Taka against a range of major foreign currencies, reflecting the nation’s ongoing economic engagement with global markets. The […]
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news thumbnail 1765886758307 Family Convicted in Sophisticated Dental Insurance Fraud

Family Convicted in Sophisticated Dental Insurance Fraud

The sentencing of a former dentist and her two children has drawn attention to serious weaknesses in the oversight of dental practices and corporate insurance schemes. The family-run operation, presented outwardly as a legitimate healthcare provider, was in reality a vehicle for sustained insurance fraud directed from behind the scenes. The case centred on BRL […]
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Soaring Loan Defaults Expose Governance Failures Soaring Loan Defaults Expose Governance Failures

Soaring Loan Defaults Expose Governance Failures

As non-performing loans reach historic highs, Bangladesh Bank has initiated a bold restructuring plan aimed at rescuing some of the country’s most troubled financial institutions. The focus has fallen particularly on Shariah-based banks, several of which are struggling to survive under the weight of overwhelming loan defaults. By the end of September, nearly 36 per […]
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news thumbnail 1765860640494 Insurance and Finance Sectors Anticipate Strong Hiring Surge

Insurance and Finance Sectors Anticipate Strong Hiring Surge

Employers across the insurance and financial sectors in the Asia-Pacific and Middle East are projecting a substantial increase in recruitment activity during the first quarter of 2026, spanning January to March, according to the latest ManpowerGroup Employment Outlook Survey. The survey reveals a robust net employment outlook of 38% for these industries, positioning them among […]
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news thumbnail 1765859274109 IDRA Calls Stakeholder Meeting on Controversial Insurance Claim

IDRA Calls Stakeholder Meeting on Controversial Insurance Claim

The Insurance Development and Regulatory Authority (IDRA) has announced that it will convene a significant stakeholder meeting on 17 December 2025 at 3:30 pm in its conference hall. The meeting comes in the wake of the General Insurance Corporation’s decision, dated 3 March 2025, to reject the insurance and reinsurance claims submitted by ‘Popular Rising’, […]
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