Category: Updates

Yemen Missile Marks Regional Escalation in Israel Conflict

Yemen Missile Marks Regional Escalation in Israel Conflict

The conflict between Israel and Hamas has entered a heightened phase, now extending beyond Gaza after Israel confirmed a direct missile strike from Yemen. The Israel Defence Forces (IDF) reported that early on Saturday, 28 March, its radar systems detected a ballistic missile launched from Houthi‑controlled territories in Yemen, marking the first such strike since the […]
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Weaknesses Exposed in Bangladesh Insurance Sector Weaknesses Exposed in Bangladesh Insurance Sector

Weaknesses Exposed in Bangladesh Insurance Sector

Recent developments in Bangladesh’s insurance sector have brought to light persistent vulnerabilities, particularly in the life insurance segment, despite existing legal frameworks and regulatory oversight. Growing reports of irregularities and fraudulent practices have renewed focus on the sector’s structural challenges. At present, insurance fraud is mainly governed by the Insurance Act 2010 and the Penal […]
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Nepal Arrests Former Leaders Amid Political Shift

Nepal Arrests Former Leaders Amid Political Shift

Just a day after the swearing-in of Nepal’s new Prime Minister, Balendra Shah, former Prime Minister K. P. Sharma Oli and ex-Home Minister Ramesh Lekhak were taken into custody on Saturday morning. Both were arrested from their residences in Bhaktapur, a suburb of the capital Kathmandu, by the Kathmandu Valley Police. Police spokesperson Om Adhikari […]
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Small Depositors Sustain Bangladesh’s Banks

Small Depositors Sustain Bangladesh’s Banks

Small and medium-sized depositors remain the driving force behind Bangladesh’s banking sector, supporting the stability and growth of financial institutions across the country. Banks are increasingly leveraging digital platforms, simplified account procedures, and customer-centric initiatives to attract these deposits. In addition, remittances sent by overseas Bangladeshis continue to play a significant role in expanding the […]
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Rethinking Poverty Income Versus Reality

Rethinking Poverty: Income Versus Reality

A fundamental question challenges policymakers in Bangladesh: how should poverty be defined? Is it determined solely by income, or should it reflect the true circumstances of people’s everyday lives? Currently, the Bangladesh Bureau of Statistics (BBS) measures poverty based on food consumption, caloric intake, and income-expenditure patterns. Internationally, the World Bank categorises anyone earning below […]
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ADB Raises Alarm on Remittance Flows

ADB Raises Alarm on Remittance Flows

Bangladesh’s remittance earnings—long regarded as a pillar of macroeconomic stability—may come under strain as intensifying conflict in the Middle East disrupts labour markets and migrant incomes, warns a recent report by the Asian Development Bank. The findings highlight how geopolitical shocks in distant regions can reverberate sharply across South Asian economies. According to the report, […]
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Bangladesh Subsidises Fuel Costs Amid Global Energy Price Pressures Bangladesh Subsidises Fuel Costs Amid Global Energy Price Pressures

Bangladesh Subsidises Fuel Costs Amid Global Energy Price Pressures

The Government of Bangladesh is currently providing a daily subsidy of approximately 16.7 billion taka on fuel oil in order to ease public hardship and stabilise essential commodity prices, according to the State Minister for Power, Energy and Mineral Resources, Anindya Islam Amit. He disclosed the figure while addressing a programme in Jessore on Friday […]
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Insurers Intensify AI Push as Confidence Rises Despite Mounting Risks Insurers Intensify AI Push as Confidence Rises Despite Mounting Risks

Insurers Intensify AI Push as Confidence Rises Despite Mounting Risks

Chief executives across the global insurance industry are accelerating investment in artificial intelligence (AI), signalling a decisive shift towards technology-led growth as firms navigate economic uncertainty, climate pressures, and an increasingly complex risk environment. While challenges persist, industry leaders remain notably confident about future prospects, underpinned by strong belief in digital transformation. A recent global […]
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