Category: Updates

Fuel Reserves Sufficient Expansion Plans Underway Fuel Reserves Sufficient, Expansion Plans Underway

Fuel Reserves Sufficient, Expansion Plans Underway

The government has confirmed that the country currently holds sufficient fuel reserves, with plans underway to further increase the stockpile. Previously, national reserves were maintained at around fifteen days’ supply; this figure has now risen to approximately one month, according to Cabinet Secretary Nasimul Gani. Speaking at a press conference held at the Secretariat following […]
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Total Loss in Benken House Fire Raises Insurance Concerns Total Loss in Benken House Fire Raises Insurance Concerns

Total Loss in Benken House Fire Raises Insurance Concerns

On 25 March, a devastating fire engulfed a single-family home in Benken, St. Gallen, resulting in a total property loss and one minor injury, authorities confirmed. The incident underscores the importance of fire risk assessment, insurer involvement, and rebuilding costs in Switzerland’s property insurance landscape. Investors and underwriters closely monitor such events to evaluate claims […]
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Shepherd Secures 42m to Transform Commercial Insurance Shepherd Secures $42m to Transform Commercial Insurance

Shepherd Secures $42m to Transform Commercial Insurance

Shepherd, an AI-native commercial insurance platform, has raised $42 million in a Series B funding round led by Intact Private Capital, bringing its total funding to $67 million. The financing will accelerate the company’s mission to modernise commercial underwriting for large-scale construction and infrastructure projects, particularly those supporting the rapid growth of artificial intelligence infrastructure. […]
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Road Closures in Dhaka for Independence Day 2026 Road Closures in Dhaka for Independence Day 2026

Road Closures in Dhaka for Independence Day 2026

Dhaka Metropolitan Police (DMP) have announced extensive traffic restrictions across the capital on the occasion of Independence and National Day 2026, as ceremonial events and official gatherings are scheduled at key locations including the National Parade Square and Bengal Bhaban. A press release signed by the Acting Commissioner of DMP, Md. Sarwar, on Wednesday (25 […]
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Nabin Showroom Closure Sparks Legal Scrutiny Nabin Showroom Closure Sparks Legal Scrutiny

Nabin Showroom Closure Sparks Legal Scrutiny

The forced closure of a Nabin Fashion Punjabi showroom in Dhaka’s Mogbazar has prompted swift judicial action, with the Officer-in-Charge (OC) of Hatirjheel Police Station being summoned to explain the police’s role in the incident. On Wednesday, 25 March, the Chief Metropolitan Magistrate (CMM) Court, presided over by Judge Mohammad Mostafizur Rahman, issued the order […]
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Bangladesh Strengthens Global Currency Links Bangladesh Strengthens Global Currency Links

Bangladesh Strengthens Global Currency Links

Bangladesh’s trade and economic engagement with the global market continues to deepen, driven in large part by the contributions of its vast diaspora. Millions of Bangladeshis living abroad send remittances back home, serving as a vital engine for the country’s economy. These inflows not only support household consumption but also enhance liquidity in the domestic […]
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