Central bank authorities in Bangladesh have issued a firm directive to all scheduled commercial banks nationwide, commanding strict adherence to statutory tax deduction rules on deposit interest and profits, alongside the prompt remittance of withheld revenue to the national treasury. The order was formally communicated on Monday, 10 August, via a circular distributed by the […]

Rapid growth in artificial intelligence capabilities is on track to nearly triple global data centre power consumption by 2030, forcing the global insurance industry to fundamentally rethink how it underwriters facilities facing grid strain, climate risks, and specialized equipment hazards. As technology firms expand hyperscale infrastructure to support intensive machine learning models, power grid availability […]