Category: Updates

Fresh Embezzlement Case Rocks Fareast Islamic Life

Fresh Embezzlement Case Rocks Fareast Islamic Life

Bangladesh’s Anti-Corruption Commission (ACC) has initiated a new case of financial misconduct against Fareast Islamic Life Insurance Company Limited, highlighting ongoing concerns over corporate governance in the country’s insurance sector. The case was filed on Monday, 2 March, at the ACC’s Dhaka-1 consolidated district office, based on a complaint submitted by Deputy Director Md. Sajib […]
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Hezbollah Launches Drone Strikes on Israeli Bases

Hezbollah Launches Drone Strikes on Israeli Bases

The Lebanese militant group Hezbollah has announced a coordinated drone attack on key Israeli military sites, describing the operation as retaliation for Israel’s recent military actions. The group identified the Haifa naval base and the Tel Hashomer military complex as primary targets in the offensive. According to Hezbollah’s statement, a squadron of drones was deployed […]
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Iran’s Fattah-2 Missile Evades Conventional Defence

Iran’s Fattah-2 Missile Evades Conventional Defence

Iran’s Fattah-2 hypersonic missile has been described as virtually unstoppable by current air defence systems, according to Military Watch Magazine. The publication notes that, since 1 March, the missile has successfully struck at least three high-value Israeli targets during ongoing military operations, demonstrating both its precision and speed. The Fattah-2 is based on hypersonic glide […]
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Four-Day Iran–US Clash Causes Massive Losses

Four-Day Iran–US Clash Causes Massive Losses

In the past four days, the escalating conflict between Iran and the United States has resulted in substantial damage to American military infrastructure and diplomatic sites across the Gulf region and the wider Middle East. At least seven US military bases and several diplomatic compounds have been targeted, with preliminary estimates placing total losses—military and […]
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City Bank Adopts Global Responsible Banking Standards

City Bank Adopts Global Responsible Banking Standards

City Bank PLC, recognised as one of Bangladesh’s leading sustainable banks, has formally announced its membership of the United Nations Principles for Responsible Banking (PRB) and its affiliation with the United Nations Environment Programme Finance Initiative (UNEP FI). This milestone underscores the bank’s steadfast commitment to aligning its sustainable finance practices and responsible banking strategies […]
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IFIC Bank Unveils Ramadan Card Benefits

IFIC Bank Unveils Ramadan Card Benefits

In anticipation of the holy month of Ramadan and the forthcoming Eid-ul-Fitr celebrations, IFIC Bank has launched a comprehensive suite of exclusive offers for its credit and debit cardholders. This initiative aims to strengthen customer engagement while promoting digital financial transactions during the festive period. According to the bank, the campaign provides a range of […]
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UCB Champions Nationwide Financial Literacy Drive

UCB Champions Nationwide Financial Literacy Drive

United Commercial Bank Private Limited (UCB) marked the first Monday of March with a comprehensive Financial Literacy Day initiative across Bangladesh. According to an official press release, the programme aims to enhance public awareness of financial matters while promoting the safe and responsible use of modern banking services. The 2026 edition of the event carried […]
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