Category: Asia

Domestic Tankers Filled with Petrol and Octane, Government Declines Purchase

Domestic Tankers Filled with Petrol and Octane, Government Declines Purchase

A renewed disruption has emerged in the country’s petroleum supply chain, as petrol and octane supplied by domestic companies are reportedly accumulating in storage tanks while the state-run Bangladesh Petroleum Corporation (Bangladesh Petroleum Corporation) is not accepting fresh deliveries. The development has coincided with extended queues at fuel stations and growing stockpiles at production facilities. […]
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Low-Cost Digital Insurance Growth

Low-Cost Digital Insurance Growth

The digital insurance industry has experienced a structural shift in customer acquisition strategies, moving away from high-premium annual policies towards small-scale, low-cost and easily accessible insurance products. A prominent example of this development is one-rupee trip insurance, which has emerged as a widely cited model of micro-insurance innovation. Industry observers regard such products not only […]
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Bank Staff Stage Reinstatement Protest

Bank Staff Stage Reinstatement Protest

Employees dismissed from six Shariah-based commercial banks held a human chain in Dhaka’s Motijheel area on Sunday, demanding reinstatement, payment of outstanding dues, and what they described as protection against arbitrary dismissal. The programme began at around 9:00 am in front of the head office of Islami Bank Bangladesh PLC in the Dilkusha commercial area. […]
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Central bank reins in forward dollar deals

Central bank reins in forward dollar deals

The Bangladesh Bank has advised commercial banks to limit forward dollar bookings, aiming to prevent distortions in the spot foreign exchange market and contain potential upward pressure on the exchange rate. According to senior officials, the guidance followed a noticeable rise in forward booking activity among several banks after tensions escalated in the Middle East. […]
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Islami Bank Opens Hajj Service Booth

Islami Bank Opens Hajj Service Booth

Islami Bank Bangladesh PLC has inaugurated a dedicated Hajj service booth at the Hajj Camp in Ashkona, Dhaka, with the objective of facilitating banking services, providing essential information, and supplying necessary items to departing pilgrims. The booth was officially inaugurated on 16 April 2026 by Md. Altaf Hossain, Managing Director (Current Charge) of the bank, […]
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Government Boosts Fuel Supply Nationwide

Government Boosts Fuel Supply Nationwide

The Government has decided to increase the supply of petroleum products across the country with effect from today in response to unusual pressure in the domestic fuel market. The Bangladesh Petroleum Corporation (BPC) has confirmed that additional allocations have been made for diesel, octane and petrol in order to stabilise distribution and better align supply […]
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Unprotected Teesta Bank Raises Concern

Unprotected Teesta Bank Raises Concern

In Kurigram, residents living along a 3.5-kilometre unprotected stretch of the Teesta River embankment in Bajra Union under Ulipur Upazila are facing growing concern over possible river erosion ahead of the monsoon season. The anxiety is compounded by delays in ongoing riverbank protection works in adjacent sections. Under the Flood Control and Drainage Project (South […]
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