Category: Bangladesh

Rising Claims Volumes Pressure Singaporean Insurance Underwriters

Rising Claims Volumes Pressure Singaporean Insurance Underwriters

Singapore’s financial services industry has recorded sustained asset growth, with statutory indicators from 2025 revealing that the sovereign state’s insurance sector has achieved historically high premium levels. Gross Written Premiums within the non-life underwriting segment increased by 8.4 per cent year-on-year, finishing at 6.09 billion Singapore Dollars (SGD) and marking the first time the category […]
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Educational Inflation in Bangladesh Accelerates Insurance Product Adoption

Educational Inflation in Bangladesh Accelerates Insurance Product Adoption

The escalating cost of education in Bangladesh is placing an unprecedented financial burden on households nationwide. This sharp upward trend in academic expenditures is primarily driven by three structural factors: high macroeconomic inflation, an increasing urban preference for premium schooling, and the rapid expansion of the private education sector. According to research by the World […]
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Mahfuz Alam Criticises Interim Government Performance in Statement

Mahfuz Alam Criticises Interim Government Performance in Statement

Mahfuz Alam, a prominent organiser of the July 2026 mass uprising and a former adviser to the interim administration of Bangladesh, has issued a detailed statement regarding the current domestic political landscape. In a comprehensive social media publication on Facebook, Mr Alam asserted that a series of strategic missteps, institutional failures, and compromised decisions by […]
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Fatal Blaze at Khulna Medical College Hospital

Fatal Blaze at Khulna Medical College Hospital

A major fire broke out at Khulna Medical College Hospital (KMCH) during the early hours of Wednesday, 20 May 2026. The incident initiated a mass evacuation of critically ill patients, resulting in one casualty during the transfer process. The blaze generated dense smoke and structural damage following the explosions of multiple oxygen cylinders and redundant […]
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Four Bangladeshi Brothers Die of Carbon Monoxide Poisoning

Four Bangladeshi Brothers Die of Carbon Monoxide Poisoning

The bodies of four Bangladeshi expatriate brothers, who died inside a parked vehicle in Oman, were repatriated to Bangladesh on Tuesday evening. The flight carrying the remains landed at Hazrat Shahjalal International Airport in Dhaka at approximately 21:00. Humam Qader Chowdhury, the Member of Parliament for the Chittagong-7 (Rangunia) constituency, was present at the airport […]
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Central Bank Cautions Treasuries Against Currency Manipulation

Central Bank Cautions Treasuries Against Currency Manipulation

The Bangladesh Bank (BB) has formally warned the treasury heads of all scheduled commercial banks against engaging in speculative or manipulative foreign exchange transactions. The administrative warning was delivered during a high-level regulatory meeting convened at the central bank’s headquarters in Dhaka. The session, chaired by the Central Bank Governor, Md Mostaqur Rahman, addressed market […]
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Bankers Seek Legal Reforms to Combat Asset Looting

Bankers Seek Legal Reforms to Combat Asset Looting

The Bangladesh Association of Banks (BAB) has formally appealed to the interim administration to introduce more rigorous financial legislation to recover non-performing loans (NPLs). Private bank owners stated that tougher laws are required to address structural vulnerabilities left by widespread financial irregularities under the previous political regime. The proposals were presented during an official consultative […]
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Southeast Bank Expands Rural Network With Ten Shagotom Outlets

Southeast Bank Expands Rural Network With Ten “Shagotom” Outlets

Southeast Bank PLC has formally extended its financial services footprint into the unbanked and underserved segments of Bangladesh through the concurrent inauguration of 10 new agent banking outlets. Operating under the corporate brand name “Shagotom”, these newly commissioned outlets have been strategically deployed across rural and semi-urban territories within seven distinct districts: Tangail, Manikganj, Narsingdi, […]
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Opposition Politician Arrested Selling Narcotics In Gaibandha 1 Opposition Politician Arrested Selling Narcotics In Gaibandha

Opposition Politician Arrested Selling Narcotics In Gaibandha

A local political official affiliated with the main opposition party has been arrested by law enforcement officers in the Gaibandha district while operating an illicit narcotics transaction. The suspect, identified as Firoz Kabir, was caught in possession of contraband items during a targeted raid. Senior police officials have confirmed that the individual in question possesses […]
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