Category: Bangladesh

Sixty One Individuals Accounts Frozen Over Digital Crimes Sixty-One Individuals’ Accounts Frozen Over Digital Crimes

Sixty-One Individuals’ Accounts Frozen Over Digital Crimes

The Senior Special Judge’s Court of Dhaka Metropolitan recently ordered the freezing of 445 bank accounts linked to 61 individuals and their affiliated organisations amid allegations of involvement in online gambling, digital fraud, and other cybercrimes. The measure aims primarily to prevent ill-gotten funds from being diverted or concealed. Among the accused is Sheikh Md. […]
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Shreepur Maternity Death Sparks Hospital Outrage Shreepur Maternity Death Sparks Hospital Outrage

Shreepur Maternity Death Sparks Hospital Outrage

In Shreepur, Gazipur, the sudden death of a 25-year-old mother following childbirth has sparked outrage among local residents and the family of the deceased. Allegations of medical negligence have surfaced against Life Care Hospital, located at Maona Crossroad, with family members claiming that hospital staff abandoned the patient’s body without informing relatives. The incident escalated […]
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Zurich Insurance to Acquire RedClick in Ireland Zurich Insurance to Acquire RedClick in Ireland

Zurich Insurance to Acquire RedClick in Ireland

Zurich Insurance has announced today that it will acquire the Irish non-life general insurance business of Generali, trading under the RedClick brand, for €337 million. The transaction, once finalised, is expected to significantly strengthen Zurich’s presence in the Irish insurance market and position it among the top three providers of life and non-life insurance in […]
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Bangladesh Bank Simplifies Foreign Share Repatriation Bangladesh Bank Simplifies Foreign Share Repatriation

Bangladesh Bank Simplifies Foreign Share Repatriation

Bangladesh Bank has streamlined the process for foreign investors to transfer shares and repatriate proceeds from sales, enhancing transparency and efficiency. The central bank issued a new master circular on 8 March 2026, specifically targeting private and public limited companies that are not listed on the stock exchange. The circular consolidates and updates prior directives […]
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Remittance Inflows Surpass 1.06 Billion Early March Remittance Inflows Surpass $1.06 Billion Early March

Remittance Inflows Surpass $1.06 Billion Early March

In the first seven days of March, Bangladesh witnessed a remarkable inflow of remittances from its expatriate community, exceeding $1.06 billion. According to Bangladesh Bank spokesperson Arif Hossain Khan, this translates to approximately $15.27 million per day, signalling a robust start to the month. Comparatively, during the same period last year, remittances totalled only $775 […]
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Court Orders Freeze on 445 Bank Accounts Court Orders Freeze on 445 Bank Accounts

Court Orders Freeze on 445 Bank Accounts

On Monday, 9 March, Dhaka Metropolitan Senior Special Judge, Md. Sabbir Foyez, issued an order to freeze 445 bank accounts in connection with ongoing cybercrime investigations. The directive was granted following an application submitted by the Criminal Investigation Department (CID) of Bangladesh Police. Court bench assistant Md. Riaz Hossain confirmed the issuance of the order. […]
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Seven Day Eid Holiday Announced for Officials Seven-Day Eid Holiday Announced for Officials

Seven-Day Eid Holiday Announced for Officials

The Government has extended the official public holiday for this year’s Eid-ul-Fitr by one day, offering civil servants a continuous seven-day break. The announcement was formalised on Sunday through a notification issued by the Ministry of Public Administration, covering both the sacred Night of Qadr (Shab-e-Qadr) and the Eid festival itself. While the measure grants […]
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