Category: Updates

US Explores Government Backed Oil Shipping Insurance US Explores Government-Backed Oil Shipping Insurance

US Explores Government-Backed Oil Shipping Insurance

Amid escalating tensions in the Middle East, the United States administration is reportedly considering an unexpected tool to mitigate rising oil prices: government-backed insurance. With diplomatic friction and military strikes intensifying, ensuring the security of the Strait of Hormuz and the uninterrupted flow of oil has become a pressing concern for global markets. Strait of […]
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Barrister Arman Reveals Eight Year Disappearance Barrister Arman Reveals Eight-Year Disappearance

Barrister Arman Reveals Eight-Year Disappearance

On Sunday, 8 March, the International Crimes Tribunal-1 (ICT-1) brought to light the prolonged eight-year period during which Barrister Mir Ahmed Bin Kashem Arman remained in self-imposed hiding. The tribunal session, presided over by Justice Md. Golam Mortuza Majumder, saw barrister Aminul Gani Tito confirm that no law enforcement agency had abducted Arman during this […]
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Sixty One Individuals Accounts Frozen Over Digital Crimes Sixty-One Individuals’ Accounts Frozen Over Digital Crimes

Sixty-One Individuals’ Accounts Frozen Over Digital Crimes

The Senior Special Judge’s Court of Dhaka Metropolitan recently ordered the freezing of 445 bank accounts linked to 61 individuals and their affiliated organisations amid allegations of involvement in online gambling, digital fraud, and other cybercrimes. The measure aims primarily to prevent ill-gotten funds from being diverted or concealed. Among the accused is Sheikh Md. […]
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Zurich Insurance to Acquire RedClick in Ireland Zurich Insurance to Acquire RedClick in Ireland

Zurich Insurance to Acquire RedClick in Ireland

Zurich Insurance has announced today that it will acquire the Irish non-life general insurance business of Generali, trading under the RedClick brand, for €337 million. The transaction, once finalised, is expected to significantly strengthen Zurich’s presence in the Irish insurance market and position it among the top three providers of life and non-life insurance in […]
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Remittance Inflows Surpass 1.06 Billion Early March Remittance Inflows Surpass $1.06 Billion Early March

Remittance Inflows Surpass $1.06 Billion Early March

In the first seven days of March, Bangladesh witnessed a remarkable inflow of remittances from its expatriate community, exceeding $1.06 billion. According to Bangladesh Bank spokesperson Arif Hossain Khan, this translates to approximately $15.27 million per day, signalling a robust start to the month. Comparatively, during the same period last year, remittances totalled only $775 […]
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Court Orders Freeze on 445 Bank Accounts Court Orders Freeze on 445 Bank Accounts

Court Orders Freeze on 445 Bank Accounts

On Monday, 9 March, Dhaka Metropolitan Senior Special Judge, Md. Sabbir Foyez, issued an order to freeze 445 bank accounts in connection with ongoing cybercrime investigations. The directive was granted following an application submitted by the Criminal Investigation Department (CID) of Bangladesh Police. Court bench assistant Md. Riaz Hossain confirmed the issuance of the order. […]
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Seven Day Eid Holiday Announced for Officials Seven-Day Eid Holiday Announced for Officials

Seven-Day Eid Holiday Announced for Officials

The Government has extended the official public holiday for this year’s Eid-ul-Fitr by one day, offering civil servants a continuous seven-day break. The announcement was formalised on Sunday through a notification issued by the Ministry of Public Administration, covering both the sacred Night of Qadr (Shab-e-Qadr) and the Eid festival itself. While the measure grants […]
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