Category: Asia

SBC Requires 30% Payment for Reinsurance Renewal

SBC Requires 30% Payment for Reinsurance Renewal

The General Insurance Corporation (SBC) has imposed a new condition for private non-life insurers wishing to renew their reinsurance agreements, requiring the settlement of 30% of any outstanding reinsurance premiums before contracts can be finalised. This move comes amid economic and liquidity challenges affecting many insurers across the country. Legal Context of Reinsurance Bangladesh’s insurance […]
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Delivery Riders’ Insurance Coverage Present, Effectiveness Limited

Delivery Riders’ Insurance: Coverage Present, Effectiveness Limited

The surge in e-commerce and ride-sharing services across Bangladesh has driven a sharp increase in the number of delivery riders navigating busy city streets. Despite the existence of insurance schemes offered by major platforms, questions remain over how effectively these policies protect riders in real-world scenarios. Platform Insurance Programmes Leading delivery and ride-sharing platforms provide […]
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Private Credit Growth Slumps to Historic Low

Private Credit Growth Slumps to Historic Low

Bangladesh’s private sector credit growth fell to a record low of 6.03 per cent in February, highlighting the continued strain on lending amid political uncertainty and persistently high interest rates. Experts warn that, with the ongoing Iran war creating additional geopolitical risk, a near-term recovery in credit growth is unlikely. Data from Bangladesh Bank shows […]
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Mahbub Morshed Allegedly Rents Personal Vehicle to State Media

Mahbub Morshed Allegedly Rents Personal Vehicle to State Media

Allegations have emerged that while serving as Managing Director and Chief Editor of the Bangladesh Sangbad Sangstha (BSS), journalist Mahbub Morshed arranged for his personal vehicle to be rented to the state-owned news agency through a third-party company, raising questions over transparency and financial propriety. According to documents reviewed by this newsroom, the vehicle was […]
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Kobi Nazrul College Students Demand Young Leadership Kobi Nazrul College Students Demand Young Leadership

Kobi Nazrul College Students Demand Young Leadership

A growing discussion has emerged at Kobi Nazrul Government College over the future leadership of its student wing of the Bangladesh Nationalist Party-backed organisation, as the term of the central committee of the Bangladesh Jatiotabadi Chhatra Dal has recently expired, prompting preparations for new leadership formations across various units. The development has triggered increased political […]
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Fuel Crisis Disrupts Irrigation for Farmers in Rajbari Fuel Crisis Disrupts Irrigation for Farmers in Rajbari

Fuel Crisis Disrupts Irrigation for Farmers in Rajbari

Farmers in Kalukhali under Rajbari district are facing severe hardship as prolonged queues and fuel shortages at a local filling station are severely disrupting irrigation activities during the peak cultivation period. At the Sheikh Filling Station in Mohonpur, farmers were seen waiting in long queues on Sunday (5 April), carrying drums and containers in the […]
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