In 2025, Bangladesh’s non-life insurance sector disbursed 1,242 crore taka in claims, leaving a striking 3,599 crore taka unresolved. This indicates that only 8.56% of claims were settled, while 91.44% remain pending, underscoring a significant challenge in claims management within the sector. The Insurance Development and Regulatory Authority (IDRA) released this information through its four […]

Rising tensions surrounding the strategically vital Hormuz Strait are beginning to affect Bangladesh’s imports of energy and essential food products, including dates. Despite recent government measures to lower import duties, market prices have not decreased as expected due to supply disruptions, higher shipping costs, and increased insurance premiums. NDTV reports that in April 2026, the […]

The share of defaulted loans in Bangladesh’s banking sector has surged to 31.20% by the end of the December quarter, according to the latest update from Bangladesh Bank. This marks a sharp rise from 19.90% in the same period last year, signalling both regulatory adjustments and the exposure of long-hidden financial irregularities. In monetary terms, […]

In the fiercely competitive world of global fast food, dominance is typically associated with expansive marketing, consistent branding, and vast financial resources. Yet in Saudi Arabia, industry titans such as KFC and McDonald’s have been unable to eclipse the remarkable influence of a local favourite—Al-Baik. This enduring success story is not rooted in aggressive expansion […]