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Category: Asia

Severe Gas Crisis Forces Closure of Over 100 Bangladeshi Factories

Severe Gas Crisis Forces Closure of Over 100 Bangladeshi Factories

GLive24.com DeskAugust 16, 2026
Bangladesh’s industrial sector is facing a severe operational crisis as a protracted shortage of natural gas and electricity has forced the shutdown of more than 100 manufacturing units over the past week. The energy deficit has crippled production across vital sectors, including essential consumer goods, pharmaceuticals, ceramics, steel, and textiles, causing widespread concern among industrial […]
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Rural Bangladesh Drives Growth as Agent Banking Deposits Surge

Rural Bangladesh Drives Growth as Agent Banking Deposits Surge

GLive24.com DeskAugust 16, 2026
Agent banking has firmly established itself as a vital conduit for financial inclusion across Bangladesh, successfully bridging the traditional divide between formal banking institutions and unbanked populations. According to the latest quarterly report released by Bangladesh Bank, the sector recorded substantial growth by the end of June, propelled largely by robust participation from rural communities. […]
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BRAC Bank Delivers Landmark H1 2026 Financial Results

BRAC Bank Delivers Landmark H1 2026 Financial Results

GLive24.com DeskAugust 16, 2026
BRAC Bank Limited has recorded a stellar financial performance for the first half of 2026, delivering substantial growth across its operating metrics, balance sheet expansion, and profitability. The results demonstrate the institution’s robust business model, heightened operational efficiency, and strict adherence to sound governance principles amidst a competitive banking landscape. The financial breakdown presented below […]
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Four Injured as Police and Drug Gang Exchange Fire in Narayanganj 2 Four Injured as Police and Drug Gang Exchange Fire in Narayanganj

Four Injured as Police and Drug Gang Exchange Fire in Narayanganj

GLive24.com DeskAugust 16, 2026
A violent clash between law enforcement officers and suspected narcotics operatives near the Isdair Rail Line in Fatullah, Narayanganj, left three police personnel and a suspect injured on Saturday afternoon. Police managed to apprehend two individuals at the scene, including one who sustained gunshot wounds during the encounter, and seized a loaded handgun. The confrontation […]
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Six Awami League Activists Arrested in Sherpur Overnight Drive Six Awami League Activists Arrested in Sherpur Overnight Drive

Six Awami League Activists Arrested in Sherpur Overnight Drive

GLive24.com DeskAugust 15, 2026
Police in Sherpur have arrested six local leaders and activists affiliated with the Awami League and its associate organisations following late-night rallies across the district on 14 August. The arrests were made during targeted overnight operations after video footage circulated on social media platforms showing torchlit processions, floral tributes, and food distribution drives conducted under […]
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Nagad and Citizens Bank Partner to Boost Digital Banking Services 2 Nagad and Citizens Bank Partner to Boost Digital Banking Services

Nagad and Citizens Bank Partner to Boost Digital Banking Services

GLive24.com DeskAugust 15, 2026
Bangladesh Post Office’s mobile financial service, Nagad, has signed a strategic partnership agreement with Citizens Bank PLC to enhance financial transactions nationwide. Under the agreement, both institutions will expand operations across Trust-cum-Settlement Accounts, Add Money features, inbound remittance processing, and interbank transactions through the National Payment Switch Bangladesh (NPSB). The signing ceremony took place at […]
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China Offshore Tax Awareness Slows Hong Kong Financial Sales 1 China Offshore Tax Awareness Slows Hong Kong Financial Sales

China Offshore Tax Awareness Slows Hong Kong Financial Sales

GLive24.com DeskAugust 15, 2026
Growing awareness of China’s existing taxation framework governing overseas investment income is set to introduce temporary volatility across Hong Kong’s banking and insurance sectors. A fresh assessment by credit ratings agency S&P Global Ratings indicates that wealth management providers in the territory face a near-term cooling in sales as mainland Chinese clients pause to evaluate […]
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