Category: Business

Gig Economy Welfare Foodpanda Bangladesh Launches Low-Cost Insurance

Gig Economy Welfare: Foodpanda Bangladesh Launches Low-Cost Insurance

The expansion of digital fast-commerce networks has integrated online food and grocery delivery services into the daily routines of urban consumers across Bangladesh. Over the past decade, Foodpanda Bangladesh has been a primary catalyst of this structural shift, positioning itself as a major corporate employer within the nation’s emerging gig economy. Labour market analysts observe […]
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Shariah Banking Sector Displays Structural Stability in March

Shariah Banking Sector Displays Structural Stability in March

The Shariah-compliant banking sector in Bangladesh maintained a steady operational trajectory across key metrics, including deposit mobilization, asset accumulation, and secondary financial indicators during March 2026. According to the latest statistical disclosure from Bangladesh Bank (BB), the sector is displaying consistent signs of stabilization, recovering gradually from recent market-wide challenges. Depositor Behaviour and Systemic Rebalancing […]
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Decline in Credit Guarantee Insurance Facing Bangladesh RMG

Decline in Credit Guarantee Insurance Facing Bangladesh RMG

The ready-made garment (RMG) sector in Bangladesh, which serves as the nation’s primary source of foreign currency earnings, is currently facing cumulative pressures from global economic slowdowns, inflation, and geopolitical volatility. This challenging environment is further compounded by a sharp decline in export credit guarantee insurance, which significantly escalates the financial risks within the country’s […]
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Insurance Claims Settled for Deceased DRU Members

Insurance Claims Settled for Deceased DRU Members

National Life Insurance Company Limited has processed and settled the group life insurance death claims for two deceased members of the Dhaka Reporters Unity (DRU). The financial payouts were executed under the mutual group insurance policy enacted to safeguard the welfare of the organisation’s members. The formal cheque handover ceremony was conducted on Tuesday, 19 […]
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Trust Bank and SenaKalyan Partner for Housing Finance

Trust Bank and SenaKalyan Partner for Housing Finance

Trust Bank PLC and SenaKalyan Constructions & Developments Limited have entered into a strategic partnership through the signing of a Memorandum of Understanding (MoU). The agreement officially establishes a collaborative framework to provide structured House Building Loans to the clientele and stakeholders of both respective organisations. The agreement was formalised during an official signing ceremony […]
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Midland Bank Expands CMSME Financing

Midland Bank Expands CMSME Financing

Midland Bank PLC has entered into a refinance participation agreement with Bangladesh Bank for the implementation of two financing programmes designed to support cluster-based businesses and cottage, micro, small and medium enterprises (CMSMEs) in Bangladesh. The agreement relates to the BDT 3,000 crore Cluster Financing Scheme and the BDT 1,500 crore Financial Sector Fund for […]
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Rising Claims Volumes Pressure Singaporean Insurance Underwriters

Rising Claims Volumes Pressure Singaporean Insurance Underwriters

Singapore’s financial services industry has recorded sustained asset growth, with statutory indicators from 2025 revealing that the sovereign state’s insurance sector has achieved historically high premium levels. Gross Written Premiums within the non-life underwriting segment increased by 8.4 per cent year-on-year, finishing at 6.09 billion Singapore Dollars (SGD) and marking the first time the category […]
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Educational Inflation in Bangladesh Accelerates Insurance Product Adoption

Educational Inflation in Bangladesh Accelerates Insurance Product Adoption

The escalating cost of education in Bangladesh is placing an unprecedented financial burden on households nationwide. This sharp upward trend in academic expenditures is primarily driven by three structural factors: high macroeconomic inflation, an increasing urban preference for premium schooling, and the rapid expansion of the private education sector. According to research by the World […]
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Bankers Seek Legal Reforms to Combat Asset Looting

Bankers Seek Legal Reforms to Combat Asset Looting

The Bangladesh Association of Banks (BAB) has formally appealed to the interim administration to introduce more rigorous financial legislation to recover non-performing loans (NPLs). Private bank owners stated that tougher laws are required to address structural vulnerabilities left by widespread financial irregularities under the previous political regime. The proposals were presented during an official consultative […]
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Southeast Bank Expands Rural Network With Ten Shagotom Outlets

Southeast Bank Expands Rural Network With Ten “Shagotom” Outlets

Southeast Bank PLC has formally extended its financial services footprint into the unbanked and underserved segments of Bangladesh through the concurrent inauguration of 10 new agent banking outlets. Operating under the corporate brand name “Shagotom”, these newly commissioned outlets have been strategically deployed across rural and semi-urban territories within seven distinct districts: Tangail, Manikganj, Narsingdi, […]
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